Research and Discussion Case Smith Company free essay sample

The following view can be prepared for permitting public accounting firm to sell their ownership interest to individuals not in public accounting from incorporation: 1) Assessing capital in the economy is enhanced which makes the allocation of scarce resources efficient within the economy. 2) Since public accounting firm participate against companies that are permitted to get in a certain manner, they must not be constrained to capital accessible from accountants and loans. 3) The certified public accountants (CPAs) own 51 percent stock, which restricts any probable negative effects on the quality of the service that might have resulted from non-accountant participation. 4) From the view point of the public accounting firm, the likelihood of liability that is restricted to corporate assets is appealing. 5) CPAs compete globally, and they do not serve the interest of this country to restrain their capacity to get capital. b. The following arguments are in favor of restricting public accounting firm ownership to those involved in public accounting: 1) Professional nature of the service involved might be affected adversely, as shareholders put pressure on the auditors which adversely affects their work quality. We will write a custom essay sample on Research and Discussion Case: Smith Company or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 2) Any restrain on personal liability might adversely affect those affected by careless performance by the company. 3) By restricting public accounting firms to a sole practitioner, partnership, and professional presentation by the firm. 4) By restricting public accounting firms to partnership, sole practitioner, and professional corporation status, they have benefitted the public over the years, and appears to be the only restricted advantage allowed to public ownership. c. There is no specific answer as few states presently permit traditional incorporation under any situation. Through, the traditional ability of auditors to get sufficient capital make us consider the question whether likely the advantages of traditional incorporation are satisfactory enough to overcome the fairly substantial opinions against it.

Aboriginal Historical Culture essays

Aboriginal Historical Culture essays What were some of the important links between Aboriginal culture and the natural environment before Europeans settled in Australia? In order to answer the question it is necessary to be clear of the concepts that are to be investigated, culture, natural and the environment. So what is your understanding of the terms, culture, environment and natural? Natural according to the Concise Oxford Dictionary among other things states it as being: existing in or by nature, not artificial, inane, inherent, self-sown, uncultivated. According to the google online sociology dictionary culture is defined as: Objects made by people as they interact with one another and the physical world and The products of collective human activity that have no physical reality, including symbols, language, music, beliefs, values, norms, and attitudes. Merriam-Webster's Collegiate Dictionary Indigenous culture in all its aspects shows links to the environment, expressed through their relationship with the local and regional environment; via art, rituals, belief systems and languages. Australia has been home to some of its Aboriginal inhabitants since the beginning of time. The land and all the creatures that inhabit it represent their history, their culture, their meaning, and their very identity. The incorporation of the environment into every aspect of the traditional indigenous daily life would seem apparently inevitable considering their subsistence agricultural habits, and seasonal migrations. However what was not necessarily inevitable was aboriginal law which has cre...

Gratitude Quotes That Come Straight From the Heart

Gratitude Quotes That Come Straight From the Heart Jean Baptiste Massieu, the famous deaf educator, made a statement that is now considered a French proverb. He said, Gratitude is the memory of the heart. Indeed, appreciation comes when you feel grateful from the depths of your heart. The head keeps an account of all the benefits you received and gave. But the heart records the feelings of appreciation, humility, and generosity that one feels when someone showers you with kindness. In addition, gratitude and empathy are some of the attitudes that can help you achieve happiness, according to five psychology studies that can help restore your faith in humanity.   Express Gratitude at Every Opportunity Even a small act of kindness deserves a thanks. You cannot weigh the nobility of the act against intentions to decide whether or not to show your gratitude. So what if your friend helped you get a job only because he wanted you to return the favor? So what if you think that he could have helped you get a better job? It is your moral obligation to express gratitude. In the words of Alfred Painter, saying thank you is more than good manners. It is good spirituality. Ralph Marston Make it a habit to tell people thank you. To express your appreciation sincerely and without the expectation of anything in return. Truly appreciate those around you, and you’ll soon find many others around you. Truly appreciate life, and you’ll find that you have more of it. Maya Angelou I want to thank you, Lord, for life and all that’s in it. Thank you for the day and for the hour, and the minute. Toni Mont To say thank you is in recognition of humanity. Joseph Adisson Gratitude is the best attitude. There is not a more pleasing exercise of the mind than gratitude. It is accompanied with such an inward satisfaction that the duty is sufficiently rewarded by the performance. Fred De Witt Van Amburgh None is more impoverished than the one who has no gratitude. Gratitude is a currency that we can mint for ourselves, and spend without fear of bankruptcy. Edwin Arlington Robinson Two kinds of gratitude: The sudden kind we feel for what we take; the larger kind we feel for what we give. Lionel Hampton Gratitude is when memory is stored in the heart and not in the mind. Oscar Wilde The smallest act of kindness is worth more than the grandest intention. James Matthew Barrie Those who bring sunshine to the lives of others cannot keep it from themselves. Gordon T. Watts The depth and the willingness with which we serve is a direct reflection of our gratitude. John Wooden Things turn out best for people who make the best of the way things turn out. John F. Kennedy As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. Alice Walker Thank you is the best prayer that anyone could say. I say that one a lot. Thank you expresses extreme gratitude, humility, understanding. Courtland Milloy Nothing purchased can come close to the renewed sense of gratitude for having family and friends. Benjamin Franklin To the generous mind, the heaviest debt is that of gratitude, when it is not in our power to repay it. Ralph H. Blum There is a calmness to a life lived in gratitude, a quiet joy. Melody Beattie Gratitude unlocks the fullness of life. It turns what we have into enough, and more. It turns denial into acceptance, chaos to order, confusion to clarity. It can turn a meal into a feast, a house into a home, a stranger into a friend. Terri Guillemets As each day comes to us refreshed and anew, so does my gratitude renew itself daily. The breaking of the sun over the horizon is my grateful heart dawning upon a blessed world. G. B. Stern Silent gratitude isnt much use to anyone.

A Crisis of trust Essay Example | Topics and Well Written Essays - 2250 words

A Crisis of trust - Essay Example After the recession hit, trust has been the key in holding on to one’s place in the market. The post-recession world is one where trust delivered by the company has been ensuring brand loyalty by the consumers. But from time to time, high profile companies and organizations such as Google, Barclays, and Starbucks are surrounded by controversies not only damaging their image but also their relationship with their consumers. Controversies only find their way to the organization when the company fails to provide excellent customer service and starts rating their profits above their customers. Businesses and markets rely on the fundamental entity of trust to demonstrate stability and long term profitability. Barclays Plc. and LIBOR Recently one such example of rigged trust was seen with Barclays LIBOR scandal. Barclays is the 2nd largest bank in the United Kingdom and the 15th largest in the world. Barclays has established a strong reputation for itself over the years. But recentl y it became part of a controversy that has resulted not only in the resignation of its chief executive (Zhong, 2012) but also a fine of ?290 million (Bolger, 2012). Barclays plc suffered a serious blow to its reputation when it was found involved in lying about its LIBOR (London Inter Bank Offered Rates) rates. This resulted in Barclays illegally and unethically ending up with their consumer’s money in their pockets. ... ick Cooper of Millward Brown believes, ‘The situation for Barclays is incredibly serious; it has turned Barclays from being the hunter into potentially being the prey. That is a huge and very rapid turnaround. It would be a crying shame if Barclays disappeared but a lot of consumer trust in the brand has been lost’, (2012). In YouGov’s August 2012 poll, 17% of Barclay’s customers are considering switching their service (Rowe, 2012). Google Privacy Issues and Shattered Trust Ever since Google has been the leading search engine of the world, it has also been closely followed by issues in its privacy policy and how it handles its customer’s information and data. It is surrounded by privacy concerns in most of its products and services that it offers. A survey was recently conducted, which interviewed 1,317 people. 57% of the people were of the view that the Google Street View service was an intrusion in the private lives of the laymen (Do you know whoâ €™s watching you?, 2012). Consumers in this time of awareness are quite accustomed to their data being collected and used, but if the company does not follow adequate rules and regulations with regard to privacy management, the consumer is more than likely to show lack of trust and leave the use of that service altogether. Google has been encountering a number of privacy scandals for some time. According to the 2012 YouGov Brand Index, Google has been replaced by Amazon as the top Internet brand in Britain, due to its privacy controversies (‘Google’s â€Å"on Wane†Ã¢â‚¬â„¢, 2012). Google, due to its flawed privacy policy, may be subjected to fine by the European Union as it has not fixed its privacy policy as per the CNIL request, and the EU has considered Google’s response to the request as ‘unsatisfactory’

United Holidays Essay Example | Topics and Well Written Essays - 1000 words

United Holidays - Essay Example It is considerably easy to carry out. Disadvantages It is time consuming Written sources 3 b. Discuss the purpose and features of a CASE tool, which could support the development of the required system for United Holidays Purpose: They enhance software development. They generate codes automatically and also used in normalization.Diagramming tools are used to draw the system models required or recommended in most methodologies. Description tools are used to record, delete, edit, and output non-graphical documentation and specifications. Prototyping tools are used construct system components including inputs, outputs, and programs. Inquiry and reporting tools are used to extract models, descriptions, and specifications from the repository. Quality management tools analyze models, descriptions, and prototypes for consistency, completeness, or conformance to accepted 'rules' of the methodologies that the CASE tools support. 4 a. What are the typical job roles that exist within the software development lifecycle, and at which stage(s) of the lifecycle will they each be active Systems Analyst Programmers: these are the people who develop the codes Users. They give information. Project Manager b. Who are the stakeholders in an information system, and what are their individual priorities System owners. These can be individuals or organizations. System Users. These are the staff or employees who interact with the system on a daily basis System Designers. System builders. Are the programmers Vendors. Are the ones who are in the business of selling and distributing these systems 5 a. What are the relevant advantages and disadvantages of Software Prototyping and the Waterfall with Iteration approach to software development Advantages of... United Holidays In object programming the practice to combine simple objects is referred to as composition for example the classes in the airline can not exist if the class airline is removed This allows the investigator to develop empathy for the study population through listening and participating. Additionally, observation allows the observer to become an "insider. The method is also very useful where no records of previous studies exist Data can be collected quickly on specific items; these data can be easily transferred into forms allowing quantified and computerized analyses; and data collection tasks can be delegated to less expensive field staff. Questionnaires also compel the adoption of some "organized structure" upon data collection (Fowler, M. 2003) Transition: in this phase the goal is to system and user test the system to ensure that it is ready to be deployed into production, to make needed corrections, and to actually deploy the system (Fowler, M. 2003). This leads to the fact that data programmers and other professionals need to be prepared to change and grow their models, including their database schema over time. Furthermore, iterations lead to the discovery of the need to re-factor their schema to reflect the needs of new requirements (Fowler, M. 2003). If your system needs to interface with existing legacy systems, and it often does, data professionals will likely be needed to be involved with legacy integration efforts. Data models are very likely needed, but they're not needed up front.

Volkswagen International Strategy

Volkswagen International Strategy INTERNATIONAL MARKETING STRETEGY Companys Snapshot. Volkswagen AG. is a German automaker that operates in the global automotive industry as a manufacturer and distributor. Volkswagen of America is one of its subsidiaries that is based in the United States. The Groups principal activities are to design, manufacture and distribution of cars and other vehicles worldwide. The Groups activities are carried out through two divisions: Automobile and Financial services. The Automobile division comprises the development of vehicles and engines, as well as the production and sale of passenger cars, commercial vehicles, trucks and buses. The Financial Services includes dealer and customer financing and leasing, banking and insurance activities, vehicle rentals and the fleet management business. Overview of Volkswagen Group of Companies. It is Europes no one car maker. The Groups main product lines include the Volkswagen Passenger, Audi, SEAT, Skoda, Lamborghini, Bugatti and Bentley ranges of vehicles. Volkswagen aims to increase its focus on core business, reduce production costs, and enhance profitability. To achieve these goals, the company is considering various strategic and business development initiatives such as divesture of the non core business segments, adapting modular strategy in production process, restructuring, and introduction of new models. Company at a Glance. Major Industry: Automotive Industry. Sub Industry: Diversified Automotive Mfrs. 2008 Sales: 113,808,000,000 (Year Ending Jan 2009). Employees: 357,207. Market Cap: 30,656,317,749. Share Type: Stammaktie. Stock Data: Current Price (12/30/2009): 76.58 In Euro. Revenue generated in the year 2008:113.808 BLN EUR. History. It was in 1930 when Ferdinand Porsche had just set up an automotive design company, which became known as the Porsche Buro in Germany. In the early 1930s the German car industrys made mostly luxury cars. In those days it was not possible for everyone to afford a car. An average German could afford nothing more than a motorcycle. In 1934, Ferdinand Porsche was commissioned to build a small inexpensive car at the request of Adolph Hitler. Hitler required a basic vehicle capable of transporting two adults and three children at 100km/h (62mph). And this car would be available at the price of a motorcycle. By then an already famed engineer, Porsche was the designer of the Mercedes 170H, and worked at Steyr for quite some time in the late 1920s. He landed two separate Auto fà ¼r Jedermann (car for everybody) projects with NSU and Zà ¼ndapp, both motorcycle manufacturers. Neither project come to fruition, stalling at prototype phase, but the basic concept remained in Porsches mind time enough, so on 22 June 1934, Dr. Ferdinand Porsche agreed to create the Peoples Car for Hitler. Changes included better fuel efficiency, reliability, ease of use, and economically efficient repairs and parts. The intention was that ordinary Europeans would buy the car by means of a savings scheme, which around 336,000 people eventually paid into. Volkswagen honoured its savings agreements in West Germany after World War II. Prototypes of the car called the KdF-Wagen appeared from 1936 onwards. The car already had its distinctive round shape and air-cooled, flat-four, rear-mounted engine. The VW car was just one of many KdF programs which included things such as tours and outings. The prefix Volks- (Peoples) was not just applied to cars, but also to other products in Europe; the Volksempfà ¤nger radio receiver for instance. On 28 May 1937, the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH was established by the Deutsche Arbeitsfront. It was later renamed Volkswagenwerk GmbH on 16 September 1938. Erwin Komenda, the longstanding Auto Union chief designer, developed the car body of the prototype, which was recognizably the Beetle known today. This let to the production of the car Beetle. Only a handful of cars had been produced before the 2nd WW started in 1939. Post war existence owed to a British major Ivan Hirst who took control of the bomb chattered factory. Hirst intended to dismantle the factory and ship it to Britain. No British car manufacturer was interested in the factory as it lacked the fundamental technical requirements of a motor car. The company survived by producing cars for the British army. Volkswagens were first exhibited and sold in the United States in 1949, but only sold two units in America that first year. On its entry to the U.S.market, the VW was briefly sold as a Victory Wagon. Volkswagen of America was formed in April 1955 to standardize sales and service in the United States. Volkswagen advertisements became as popular as the car, using crisp layouts and witty copy to lure the younger, sophisticated consumers with whom the car became associated. Even though it was almost universally known as the Beetle (or the Bug), it was never officially labeled as such by the manufacturer, instead referred to as the Type 1. The first reference to the name Beetle occurred in U.S. advertising in 1968. Although the car was becoming outdated, during the 1960s and early 1970s, American exports, innovative advertising, and a growing reputation for reliability helped production figures surpass the levels of the previous record holder, the Ford Model T. On February 17, 1972 the 15,007,034th Beetle was sold. Volkswagen could now claim the world production record for the most-produced, single make of car in history. By 1973, total production was over 16 million. VW expanded its product line in 1961 with the introduction of several Type 3 models, which were essentially body style variations based on Type 1 mechanical underpinnings, and again in 1969 with the larger Type 4. These differed substantially from previous vehicles, with the notable introduction of monocoque/unibody construction, the option of a fully automatic transmission, electronic fuel injection, and a sturdier powerplant. In 1964, Volkswagen succeeded in purchasing Auto Union, and in 1969, NSU Motorenwerke AG (NSU). The former company owned the historic Audi brand, which had disappeared after the Second World War. VW ultimately merged Auto Union and NSU to create the modern day Audi company, and would go on to develop it as its luxury vehicle marque. However, the purchase of Auto Union and NSU proved to be a pivotal point in Volkswagens history, as both companies yielded the technological expertise that proved necessary for VW to survive when demand for its air-cooled models we nt into terminal decline as the 1970s dawned. Volkswagen was in serious trouble by 1973. The Type 3 and Type 4 models had sold in much smaller numbers than the Beetle and the NSU-based K70 also failed to woo buyers. Beetle sales had started to decline rapidly in European and North American markets. The company knew that Beetle production had to end one day, but the conundrum of replacing it had been a never-ending nightmare. VWs ownership of Audi / Auto Union proved to be the key to the problem with its expertise in front-wheel drive, and water-cooled engines which Volkswagen so desperately needed to produce a credible Beetle successor. Audi influences paved the way for this new generation of Volkswagens, known as the Polo, Golf and Passat. Companys mission statement. Provide a quality product. Create a safe environment. Enhance productivity. Eco Friendliness. Volkswagen projects. Engineers at Volkswagen are constantly working to produce cars that offer great performance with better fuel economy and fewer harmful emissions. It is involved in developing Resource efficient vehicles such as its BlueMotion models, researching into alternative powertrain technologies and in supporting projects for environmentally sound driving. Golf BlueMotion SE for example, is currently one of the most fuel efficient cars of it class, with CO2 emissions of just 107g/km. Volkswagen was one of the first companies to become a member of the Business and Biodiversity Initiative in February. They use recycled and recyclable materials where possible and the most environmentally friendly construction techniques. They are constantly working on developing fuel efficient vehicles which have minimum impact on the environment. The company engages in a multitude of projects relating to biotopes, the environment and protection of the species, and supports research programs. Marketing Strategy. Volkswagen uses double marketing to position its brand. Double Marketing is NOT stuffing multiple messages into one campaign. Its running multiple campaigns on different messages concurrently.Coke was the only company that typically tried this, because of their huge marketing budget by engaging different ad agencies and pitting them against each other. Many times they would run different ad campaigns at exactly the same time. This is close to Double Marketing, but the campaigns didnt really work together. In the span of the last few months, they have launched the edgy Unpimp my ride campaign about design, control and the obeying your fast for the GTI as well as the safe happens jarring TV ad spots for the Jetta. Companys major emphasis is on easier availability of its products. And to make that possible it has 44 production sites all over the world. Its major marketing strategy is branding its products into different segments of production lines. Its brands go from Skoda (economically priced family vehicles) to Rolls Royce. Use of Latest Technology. Blueprinting is the latest technology used by Volkswagen. Blueprinting is the exact science of engine rebuilding. The careful measuring, fitting, and balancing done during the blueprinting process creates an engine that returns improved performance, fuel economy, and dependability. The engine becomes, in essence, brand new. Engine blueprinting is the process of setting every tolerance in the engine to its optimum value. Volkswagen also uses recycled and recyclable materials where possible and the most environmentally friendly construction techniques. Volkswagens Competitors. Ford, Toyota, Mercedes and General Motors are the major competitors. Out of which Volkswagen claims that Toyota is its major competitors. Company Sales Revenue(Year 2008) Loss (%) General Motors $148,979Billion 8% Ford $146277Billion 11% Mercedes $23.8Billion 7% Toyota $204352Billion 8% Volkswagen made a profit of about 1.2 Billion in the year 2008. Their sales revenue was 113.808 BLN EUR. SWOT Analysis. Volkswagen AG Strengths Strong Market Share Strong RD Activities Strong Brand Equity Geographic Diversification Strong Growth Prospects Volkswagen AG Weakness Limited Liquidity Position Declining Market Share in Sector Volkswagen AG Opportunities Strategic Alliances Demand for Fuel Efficient and Hybrid Vehicles Growth Opportunities in Emerging Markets Volkswagen AG Threats Intense Competition Global Economic Slow Down Stricter Emission Standards Conclusion. Volkswagen is successful mainly because of manufacturing automobile parts, rather than waiting for the manufacture of a new car and launching it. Most of the major brands that they own were purchased by them. People were to some extent aware of those brands. But they did not hold much bigger market value. REFERENCES: Volkswagen Chronicle Volkswagen Beetle History 1938 to 2003 Jpost.com Volkswagens American assembly plant Rumors.automobilemag.com Companiesandmarkets.com Corporate information snapshots IBISWorld . Institute for Sustainability and Technology Polic

“Death of a Soldier” by Louisa May Alcott Essay

The excerpt â€Å"Death of a Soldier,† taken from Hospital Sketches by Louisa May Alcott features various rhetorical strategies to create an appeal to emotion. She exhibits the compassion of the nurse for John, even in the face of inevitable death; she displays the altruistic mindset of John, and adds depth to her words by using analogies. She uses these tools in order to inflict a deep emotional feeling and an understanding of how awful the situation actually was. One of the rhetorical strategies of this piece is her compassion, even when seemingly futile, for the wounded soldier. The way Alcott describes John’s situation as being completely helpless and doomed. The doctor’s words, not having â€Å"the slightest hope† for recovery, illustrate his condition. Given this information prior to her attempt to ease his pain, Alcott shows her sheer pity for the â€Å"poor lad†. â€Å"I bathed his face, brushed his bonny brown hair, set all things smooth about him.† This quote shows how much effort she put into even the slightest difference in his comfort, in hopes of inflicting a â€Å"satisfied expression† on a dying face. She â€Å"stirred the air about him with a slow wave of air and waited for him to die†. She stood by him until his breath helping him bear the agony of his inevitable and anticipated death. These examples of her charity instill feelings of understanding and pity for John. The other side of Alcott’s appeal to emotion is John’s mentality. John questions the nurse in reference to the battle: â€Å"†¦do they think it will be my last?† He is seemingly eager to return to his position and fulfill his duty. He feels loyal to his cause and indifferent to his own well-being. On his deathbed he is only momentarily worried for himself when introduced to his fate. After that brief moment he seems to feel guilty for his â€Å"cowardly† cause of death, and justifies it as he â€Å"obeyed orders†. With his last â€Å"live† breath he asks of the people present that they tell the others he did his best, as he wanted so desperately to make his friends and family proud. He sees the tragedy of his death not in death itself, but in the incapability of action, thereby preventing further altruism. His noble mentality draws the reader away from the image of a boorish, stoic, combatant, towards a kind, caring, â€Å"Virginia blac ksmith†. To strengthen the appeal of emotion, Alcott integrates analogies into her writing. She embodies a look of helplessness forced by the inevitability of his death, crossing John’s face in her words, â€Å"†¦over his face I saw a gray veil falling that no human can lift.† She shows the reader how close to death he was, and appeals to the reader with her parallel inability to help him. After he has â€Å"died†, she compares his lifeless breathing to â€Å"†¦the waves of an ebbing tide that bear unfelt against the wreck.† This pallid vision shows how although he was not physically dead, he was not really alive. With such proficient use of these rhetorical strategies, Alcott reaches the emotions of the reader. She shows the compassion of the nurse, to provide the reader with understanding of the atmosphere; she provides insight to the frame of mind of John, to show him as a person who is more than a tool of war; and she intensifies her emotional appeal with analogies, to deepen understanding for the events of the story. Ultimately Alcott amalgamates all these elements in an overwhelming effort to capture the reader’s heart.