Hbs Tivo Case Essay Example For Students

Hbs Tivo Case Essay Conclusion OF THE PROBLEM: TiVo was propelled in March 1999 and planned for moving control from TV systems to customers. As of now (May 2000) TiVo has a low market infiltration (0. 04%) however current clients profoundly fulfilled. Specialists anticipated that the client base would arrive at 35000-80000 by 2000 yearend. Issue IDENTIFICATION: To expand item mindfulness, client securing and deals by altering the present showcasing system and furthermore address the developing rivalry. Circumstance ANALYSIS: Price: ?There are two variations of TiVo, â€Å"14hour box† ($499) and â€Å"30 hour box† ($999). Also there are administration accuses of three distinctive rental plans ($9. 95 every month, $99 every year, $199 forever time). ?Cost of the item is high than most existing TV sets and small extent of buyers are prepared to pay this high, a cost. Item: The item gives different highlights, for example, ?Pausing LIVE TV (â€Å"wow! † Factor) ?EPG(Electronic Program G uide)- User Interface accessible with the gadget ? Approval and Thumbs down component, which permits the client to set their inclinations dependent on which a specific program will be recorded proactively by the TiVo box. These inclinations are additionally utilized by TiVo for recommending projects to clients. ?Season Pass-naturally records all the scenes of client indicated appears. Advancement: ?Confusion around the TiVo item situating in the press ( PVR, DVR ,EDR ,IVR ,On Demand TV) ? Concentrate on early adopters in their underlying promoting effort. ?Limited broad communications battle. Spot: ?TiVo teamed up with Consumer Electronics Superstars SONY and PHILIPS and TiVo financed the two organizations so they would produce the black box disperse it and elevate it to retailers. TiVo turned out to be broadly accessible through Best Buy, Circuit city and Sears ALTERNATIVES: ?Reduce the cost of 30 hour model to $399 and stop creation of 14 hour model while discharging the current load of 14 hour model for nothing. ?Streamlining the UI to make TiVo more easy to understand. ?To acquaint an element practically identical with the 30 second snappy avoid button accessible with Replay TV. ?Offer motivators to existing clients for advancing the item. ?Move in the promoting methodology from early adopter based to broad communications crusade while concentrating on the ideal fragment of the market (habitually lazy people and business administrators). Association with DirecTV to be sold as a group offer. ?Sort out occasions/stands to build mindfulness about the item. Assessment OF ALTERNATIVES: ?Reduction of Price: Reducing the cost of TiVo will support deals however the misfortune acquired should be thought about while choosing a value cut. ?The creation of â€Å"14-hour† recorder can be halted and the units in stock can be given out for nothing. Sales rep can be given an alternative to take the â€Å"14-hour† recorder for nothing and consent to an arrangement of serving for at any rate a half year. This would diminish the turnover rate and increment the comprehension of the item among deals power that would, thus, increment the deals. ?Improvement of User Interface: ?The main element that TiVo needs correlation with Replay TV is30 second skip button †â€Å"Quickskip†. So the RnD office should progress in the direction of fusing the equivalent at the most punctual. ?Presentation of a referral program where impetuses would be offered to individuals whose companions or family members purchase an extra TiVo. This would expand the procurement rate significantly. Moving to broad communications promoting effort would require a colossal capital enlistment and earlier distinguishing proof of market portions in addition to focusing on the ideal fragment (habitually lazy people and business administrators) with suitable print and various media commercials. ?Organization with DirecTV will carry it into direct rivalry with Microsoft as it additionally will enter in an associatio n with DirecTV giving your clients choice to browse either package. ?In the underneath referenced table, information till Jun 2000 has been taken from Company record and anticipated from that point. .u9c000b0da47b48e0b36000a179bea7ab , .u9c000b0da47b48e0b36000a179bea7ab .postImageUrl , .u9c000b0da47b48e0b36000a179bea7ab .focused content region { min-stature: 80px; position: relative; } .u9c000b0da47b48e0b36000a179bea7ab , .u9c000b0da47b48e0b36000a179bea7ab:hover , .u9c000b0da47b48e0b36000a179bea7ab:visited , .u9c000b0da47b48e0b36000a179bea7ab:active { border:0!important; } .u9c000b0da47b48e0b36000a179bea7ab .clearfix:after { content: ; show: table; clear: both; } .u9c000b0da47b48e0b36000a179bea7ab { show: square; change: foundation shading 250ms; webkit-progress: foundation shading 250ms; width: 100%; obscurity: 1; progress: mistiness 250ms; webkit-change: darkness 250ms; foundation shading: #95A5A6; } .u9c000b0da47b48e0b36000a179bea7ab:active , .u9c000b0da47b48e0b36000a179bea7ab:hover { murkiness: 1; change: haziness 250ms; webkit-progress: darkness 250ms; foundation shading: #2C3E50; } .u9c000b0da47b48e0b36000a179bea7ab .focused content zone { width: 100%; position: relative; } .u9c000b0da47b48e0b36000a179bea7ab .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: striking; edge: 0; cushioning: 0; content adornment: underline; } .u9c000b0da47b48e0b36000a179bea7ab .postTitle { shading: #FFFFFF; text dimension: 16px; text style weight: 600; edge: 0; cushioning: 0; width: 100%; } .u9c000b0da47b48e0b36000a179bea7ab .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; outskirt range: 3px; box-shadow: none; text dimension: 14px; textual style weight: intense; line-tallness: 26px; moz-outskirt sweep: 3px; content adjust: focus; content improvement: none; content shadow: none; width: 80px; min-stature: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: outright; right: 0; top: 0; } .u9c000b0da47b48e0b36000a179bea7ab:hover .ctaButton { foundation shading: #34495E!important; } .u9c00 0b0da47b48e0b36000a179bea7ab .focused content { show: table; tallness: 80px; cushioning left: 18px; top: 0; } .u9c000b0da47b48e0b36000a179bea7ab-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .u9c000b0da47b48e0b36000a179bea7ab:after { content: ; show: square; clear: both; } READ: St. John the Evangelist EssayGrowth rate from Jun-00 to Sep-00 has been taken to be equivalent to Jun-99 to Sep-99. TiVo should move significantly in the third quarter 2000 and burn through the majority of their distributed showcasing and deals costs in these 3 months. Development rate from Sep-00 to Dec-00 has been taken to be half of Sep-99 to Dec-99 due to expected rivalry from Microsoft’s Ultimate TV. On the off chance that TiVo can accomplish the estimated subscribership, at that point it will be in accordance with industry experts’ forecasts for year-end 2000. Jun-99Sep-99Dec-99Mar-00Jun-00Sep-00Dec -00 No. of endorsers (‘000)1. 02. 518. 032. 048. 0120. 0492. 0 Quarterly development rate 150%620%78%50%150%310% ACTION PLAN: ?TiVo to be packaged with DirecTV collector before a comparable arrangement strikes among DirecTV and Microsoft. ?Incorporate the fast skip highlight in the item at the most punctual. ?Quit delivering 14 hour recorder and decrease the cost of 30 hour recorder. ?Most extreme showcasing and deals endeavors must be placed in before Christmas season including upgraded publicizing procedures, impetuses to existing clients for item advancement. Emergency course of action: ?If the misfortune because of value cut is too disturbing then organizations with systems can be looked for (ABC, CBS and NBC). ?In the event that the media crusade can't show the clients what highlights is TiVo precisely giving then the battle should be patched up in order to all the more appropriately characterize the highlights of TiVo. ?Rivalry from Microsoft’s Ultimate TV box may drive TiVo to go into associations with online suppliers, for example, AOL to enter the online market.

The Collection Activities of the Intelligence Community Essay

The Collection Activities of the Intelligence Community - Essay Example As to the prior, specialists have customarily isolated the insight cycle into five sections: necessities, assortment, handling and misuse, and investigation and creation. After the necessities of the knowledge buyers have been sifted through, it is significant that there is an assortment. A few prerequisites need explicit sorts of assortment while others require a few kinds of assortment. The inquiry on by what method ought to or can be gathered to meet explicit prerequisites is likewise completely settled. It must be noticed that the assortment just delivers data and not insight. It is simply after the data has experienced handling and abuse that it tends to be considered as knowledge and gave over to investigators. This procedure incorporates interpretations of the data accumulated, decoding and translation of the put away information (Carello, 2012). The four stages (recognizing prerequisites, data assembling and preparing and abuse) are then exposed to specialists in various fiel ds for investigation and creation. These investigation and creation convert the knowledge accumulated, prepared and abused into reports which serve the requirements of policymakers (Morrison, 2011). Directly, there are specialists, for example, Lowenthal (2011) who have added two additional procedures to the five stages above, so that there are seven stages in the knowledge cycle. These procedures are dispersal and utilization and criticism. The explanation for the expansion of the two stages is the cap how policymakers expend insight reports is significant and that it is of extraordinary worth that policymakers report back how their knowledge necessities were met to permit space for modifications and upgrades.

Mind the Gap Year

It’s senior year. Time to make your final decision about college. Some students choose to spend the next four years at the college they love, or serve in the military, but some decide to take a year off from their education. A gap year can serve multiple purposes. You can prepare yourself to attend college later, travel, work, or pursue a life-changing experience. But is a gap year the right thing for you? It depends. If you choose to go straight off to college after high school, you have already completed the strenuous application process and submitted your deposit. Congrats – you’ve committed! Most seniors graduate some time mid-May. That gives you approximately three months to prepare to leave for college. In that time you’ll have to buy anything you don’t already have and get yourself emotionally ready to leave friends and family and go off on your own. Going straight to college gives you the new experiences many seniors look forward to, and y ou can share great stories with your high school friends when you catch up on breaks. Your schedule will stay similar to what it was in high school. No chance you’ll forget what it feels like to do homework or attend classes; you’ll still be in the swing of things. When I spoke with graduates of my high school, they all agreed that they were excited to head off to college. They were ready for the new experience and didn’t even think of taking a gap year. Those three months can fly by fast, with packing (unless you commute) and saying â€Å"See ya later† to your family and friends. In contrast, gappers have a year to prepare for college. They may take that time to relax or actually do something with their life. Go out into the world and experience things they wouldn’t in college. Working and saving money for those hefty college bills is a good idea. Those who are unsure of what they’d like to major in can explore interests. Or they could do a stint volunteering. Yet this extra time can lead to an increase of nerves regarding leaving home and being in a new atmosphere. Senior year is known for students slacking and trying to do a minimal amount of work. Although a gap year means they won’t get the immediate college experience, teenagers will be able to recharge from the past 12 years of constant school. With a gap year, they can get the break they need and go to college recharged and ready to start anew. However, a gap year could throw their schedule off. After getting used to relaxing, not getting up early to attend classes, and not doing homework, starting college may be difficult. A big downfall for gappers is that many of their friends will go straight off to college. Mary, who graduated from Westborough High School in 2015, complains how she’s at home while her friends are away. She deferred from UMass Amherst until the spring. â€Å"It’s annoying that my friends aren’t around, a nd I want to be off at college sharing those experiences they tell me about,† she says. So while gappers are at home, the people they would want to spend their free time with are away studying, making new friends, and having new and exciting experiences. A big concern for parents and gappers is how colleges will view a year off. Some colleges view it as a reason for admission – if the student has used the time to accomplish something. According to Harvard, â€Å"Time away almost never makes one a less desirable candidate or less prepared for college.† If you choose to defer your enrollment, most colleges will ask you for a deposit, a deferral request, and your plans during that time. This forces you to have a productive plan to show colleges you’re not just using the time to catch up on sleep. According to one study, students who took a gap year saw a significant positive impact on their academic performance and were more likely to have a higher grade po int average than those who went straight to college after graduation. There should be no fear about taking a gap year. You might just benefit from the experience. While going straight to college can be exciting and give you new experiences to discuss with your high school friends, gappers can get the same result even after a year-long break. As long as you’re focused and committed to continuing your education, a gap year might just be the right thing for you.

Bus 309 Week 5 Chapters 4 and 5 Quiz - 1958 Words

BUS 309 Week 5 Chapters 4 and 5 Quiz Click Link Below To Buy: http://hwcampus.com/shop/bus-309-week-5-chapters-4-5-quiz/ †¢ Question 1 5 out of 5 points Marxism states Selected Answer: capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands. †¢ Question 2 5 out of 5 points An exclusive focus on short-term performance †¢ Question 3 5 out of 5 points An assessment of work in America is †¢ Question 4 5 out of 5 points Which statement accurately describes capitalism? †¢ Question 5 5 out of 5 points The profit motive †¢ Question 6 5 out of 5 points For the first time since the†¦show more content†¦Ã¢â‚¬ ¢ Question 3 5 out of 5 points According to one survey of cultural values †¢ Question 4 5 out of 5 points Evidence for the idea that American manufacturing is declining is †¢ Question 5 0 out of 5 points Marxism states †¢ Question 6 0 out of 5 points Rather than strong work ethic, a common attitude is: †¢ Question 7 5 out of 5 points Which of the following historical stages of capitalism came first? †¢ Question 8 5 out of 5 points A basic premise of Adam Smiths invisible hand argument is †¢ Question 9 5 out of 5 points Karl Marx believed that †¢ Question 10 5 out of 5 points The concept of the invisible hand means †¢ Question 11 0 out of 5 points The profit motive †¢ Question 12 5 out of 5 points For the first time since the Industrial Revolution, less than _____ percent of the American workforce was employed by manufacturing. †¢ Question 13 5 out of 5 points The Fugger dynasty was an example of †¢ Question 14 5Show MoreRelatedMy Toolbox for the Future Educators1041 Words   |  5 Pagesof the week, unless there is a significant day that I need a different one. 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Rhetorical Analysis Of Juvenile Justice Summary - 1582 Words

In Medina’s text, â€Å"Why the U.S. juvenile justice system needs serious reform,† she presents three main claims. The main claim is that the juvenile justice system is inhumane. The secondary claim is that the system is ineffective. Lastly, the third claim is that the system is expensive. In her first claim, in which she states that the system is inhumane. That stands for â€Å"Without compassion for misery and suffering; cruel.† She carries reasons why the juvenile justice system is cruel. The first example shows what occurs in the situations youth offenders end up in a detention facility. Maria Medina states â€Å"They spend more than 22 hours in solitary with nothing but a book or a Bible, and if lucky study materials.† Medina uses the rhetorical†¦show more content†¦Every child deserves individual attention, and facilities that work with troubled children should have the necessary elements and tools to help them make a favorable change. Acco rding to webpage mtsservices â€Å"It has been proven to work and produce positive results with the toughest kids. It blends the best clinical treatments—cognitive behavioral therapy, behavior management training, family therapies and community psychology to reach this population.† It is based on evidence that the Multisystemic therapy helps children to stay out of trouble and build better relations with themselves and their families. Also, mtsservices states â€Å"Intervention effectiveness is evaluated continuously from multiple perspectives with MST team members being held accountable for overcoming barriers to successful outcomes.† This means that they really pay close attention to their patients by evaluating their continuous effort and developmental accountability. The juvenile justice system should take in consideration of adding the Multisystemic therapy system into their facilities to start making appropriate adjustments. Medina’s secondary claim is about the current juvenile justice system being ineffective. Medina believes that the current system is causing more negative repercussions than positive ones. For example, she references Holman and Ziedenberg, â€Å"Detained youth are more likely than non detained youth to end up going ‘deeper’ into the system.† This clearlyShow MoreRelatedMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 PagesPhenomenology of the Narrative, 16 II Problems of Film Semiotics Chapter 3. Chapter 4. Chapter 5. The Cinema: Language or Language System? 31 Some Points in the Semiotics of the Cinema, 92 Problems of Denotation in the Fiction Film, 108 III Syntagmatic Analysis of the Image Track Chapter 6. Outline of the Autonomous Segments in Jacques Rozier s film Adieu Philippine, 149 Chapter 7. Syntagmatic Study of Jacques Rozier s Film Adieu Philippine, 177 vii viii CONTENTS IV The Modern Cinema: Some TheoreticalRead MoreDeveloping Management Skills404131 Words   |  1617 PagesWhat Are Management Skills? 9 Improving Management Skills 12 An Approach to Skill Development 13 Leadership and Management 16 Contents of the Book 18 Organization of the Book 19 Practice and Application 21 Diversity and Individual Differences 21 Summary 23 SUPPLEMENTARY MATERIAL 24 Diagnostic Survey and Exercises 24 Personal Assessment of Management Skills (PAMS) 24 What Does It Take to Be an Effective Manager? 28 SSS Software In-Basket Exercise 30 SCORING KEY AND COMPARISON DATA 42 Personal AssessmentRead MoreLogical Reasoning189930 Words   |  760 PagesReasons ................................................................................................ 236 Deceiving with Loaded Language ................................................................................................... 238 Using Rhetorical Devices .................................................................................................................. 240 Review of Major Points .............................................................................................Read MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesneglect. The fact that the most recent phase of the human experience is usually covered only at the end of a multiterm sequence of world history units has meant that it often ends up becoming a rushed add-on of rather random, abbreviated capsule summaries and general overviews. In view of the fact that no phase of history can begin to match the twentieth century in terms of the extent to which it has shaped the contemporary world, this marginalization is particularly pernicious and has been at times

Auditing and Assurance Services Implementing Business Database

Question: Describe about the Auditing and Assurance Services for Implementing Business Database. Answer: 1.a) There are many threats for the business organizations, which are mainly associating insurance business along with the business organizations. The firm HIH Insurance Limited is untaken in order to study of the business risk involved with the organizations and the inherent risks are also detected and discussed to make better understanding (Harrison, 2010). The business risks and the inherent risk are the significant cause of the failure of the business organizations. The insurance companies, which deal in property insurance along with causality insurance, face various diverse types of business risks or threats, which are detected as exposures. The exposures exist for all diverse types of insurance policies offer by a specific insurance company. The most usual form of threats includes payment for the car accidents as well as the payment for the damages of a house or property due to storm. The insurance companies can manage the risks or threats that are exclusively insured by kind of ass ured coverage from a specific insurance policy (Careers in insurance and risk management, 2009). In the case study, which is undertaken, it is detected that the undertaken insurance company made an entry into the high risk area such as marine firms, aviation projects, and film financing insurance along with natural disaster, which are indeed risk prone area (Shirreff, 2004). The entire insurance policies offered by the undertaken firm HIH insurance Company faced vital business risks of monetary damage if any accidents take place. Marine as well as aviation industries are profitable industries, however, at the same point of time in these particular industries have substantial amount of business risks or threats as there are huge possibilities of accidents. Film producing is also inherited similar types of risks, nobody knows whether the film will be succeeded or not and failure of a film means substantial amount of business risks (Nersesian, 2004). Apart from this, significantly elev ated compensation for the insurance workers in California market is also a vital risk. Due to this, the firm HIH experienced considerable amount of losses because of the exposure to the firms in a high risk zone. b) The inherent risks are mainly the risks or threats of potential wrong or misleading information in a financial statement result of something other than failure of the management in the investigation of managerial accounting or in the lesson of the financial accounting (Vona, 2011). The example can be given for the companies, where the inherent risk are common, it is watched that the accountants use to utilize a bigger than general amount of decision and an estimation or while crucial financial techniques are associated. For understanding the inherent risks or threats the audit risk context should be examined. It is one of main kind of audit risk. Inherent risks or threats are most common in the segment of financial services as the complexity and the dynamism for regulating the financial bodies. In the undertaken case study, it is observed that the HIH Companys share price dropped harshly for poor economical result along with vital assets sale for improving the position of the company in the balance sheet as well as claim for the insurance fund (Walker, 2012). During the year of 2000 the company made payment of $1.7 million to the auditor firms for their services to the company as well as the company failed to give future claim. 2. a) In this particular case study that has been taken into consideration, it is because of the failure of management by the senior managers that the financial performance of the company gets degraded. The shares of the company also got stopped and as a result of it the ASIC conducted investigation to find out the real reason behind the degradation in the performance of the company. The fall of price of the shares of the HIH Insurance Limited has a direct negative effect on the returns of the shareholders. It can be said without any doubt that the auditor of the company, HIH was responsible for the downfall of the company (Ben-Natan, 2005). The financial results of the company shown by the auditor is quite poor and the sales of assets done by the company was in order to better the condition of the balance sheet and also at the same time claim the fund insurance. A great amount of money, about 1.7 million was given to the auditors by HIH Insurance Limited against the services of auditing p rovided by them. Since the same auditing firm had done the consulting for HIH, it received another $1.631 from the company. The auditing firm misrepresented the values in the balance sheet which showed that the company was performing poorly and thus can be considered to be the main reason behind the failure of the company. The premiums that the insurance companies receive are made for long term investments so that people can make future claims. There are a few organizations who give provision of over 80 to 90 claims. As a result the auditors here misrepresented all the different values and showed that the company is performing in a poor manner. Consequently the claims and interest of the creditors and clients got affected in a negative manner (Handbook of international auditing, assurance, and ethics pronouncements, 2005). Since the creditors had no chance of recovering the money from the company they faced a great amount of loss. As per the financial reports of the company they wou ld not be able to pay its debts as the company had performed in a negative manner. Therefore it can undoubtedly said that the auditors are responsible for showing the poor performance of the company. b) With the consideration of the case study, the breaching of the act of the negligence is seemed to be present in this case and thereby the conducting of the harms is undertaken with the violence of the negligence. The avoidance or breaching is seen in this case and with the consideration of the injury, the findings are discussed with conducting injury to the plaintiff. The facts and the findings discusses the ways of the harm created for the plaintiff and henceforth solicitor Bruce Dennis fought this case in order to provide justice to the HIH creditors and the clients (CASSEL, 2016). For this reason the plaintiff showed the breaching of the duty that provides justification with the creation of the appropriate contract of the duty. The breaching also focuses on the recovered injury and thereby it also helps in the violation of the contract of the duty with bringing variations in the judgments with foreseeing the violation of the acts (Griffith, 2008). The negligence of the damages sho uld not be overlooked or prevented with the provision of the position of plaintiff in this case and henceforth the wrong decision or the information will lead to the wrong justification with the breaching of the laws of duty. 3. a) The three former partners regarding the Arthur Andersen were appointed as the part of the audit team by HIH. The previous ten years, the Andersens had made a lot of money. Andersen consists of the amount of $7million with providing various kinds of the services. Therefore the Arthur Andersen shared strong professional feelings with the creation of the personal relationship with each other. Therefore it can be understood that the personal relationship with each other (Halikiopoulou and Vasilopoulou, 2016). It has created a strong relationship and thereby the consideration of the external audit team is preferred for the creation of consideration and for this reason the financial transactions are made with the creation of the good report. Since Andersen consists of the good relationship with the HIH, therefore the main reason becomes the crucial reason for the creation of hiring as a part of its external audit team. In this way the responsibility is created and thereby the actual report of the financial transactions is provided. b) The main job of the firm of auditing provides the unbiased report of the financial transactions of the company and thereby the consultancy firm is created with the expectation for providing the recommendations with the purpose of maximizing the profitability. With the increment of the profitability, the pay of the taxes increases and thereby the services are also seemed to be increased (Lowry, 2012). Therefore the jobs are seemed to be quite closely related to the firm with thereby considering the provision of the services and thereby the biasness is generated with the provision of the services. The advantages of having the same firm are that both auditing and the consultancy of the services are seemed to be increased with the financial report as per the needs of the company (Radcliffe, 2010). As it helps in the enhancement of the report of the financial auditing, the company is seemed to be helped by maintaining the image of the market with leading it to an erroneous report. c) As per the facts and figures presented in the present case study it can be said without a hint of doubt that the company is not following the basic ethical practices which it is expected to follow. It is not ethical from the perspective of a company to have a firm with which it has worked before to be a part of the team of external auditors for the company. It is the job of an external auditing team to give the company an unbiased report of the financial performance (Campbell and Houghton, 2005). But since the company is a close acquaintance of the auditing firm, the auditing firm is bound to be biased and thereby deliver a partial report of the business transactions conducted by the company in its balance sheets. HIH Insurance Limited was very well aware of this fact and yet it went on with employing Andersens as its extern al auditors. Thus the decision taken by HIH Insurance Limited is a pure violation of the ethical standards as an auditor is expected to conduct an independent in vestigation of the financial transactions of a company (Duska and Duska, 2003). d) The primary reason for the collapse of the HIH insurance company is seemed to be collapsing with the provision of the future claims that are seemed to be mentioned in the case study. The mismanagement of the services helps in the consideration of the responses with emerging pressures and henceforth the main purpose of the Ramsays report was to review the existing report with the creation of the existing requirements. It becomes the responsibility of the auditors report to show the financial position of the company with the creation of the current environment in the market (Yagil and Ben-Zur, 2008). The impact of the Ramsays report is to provide the auditing changes as per the consideration of the laws of the corporate reforms. It also helps in rescheduling of the programs and henceforth it provides the additional values to the system with the consideration of the financial report. The strengthening of the financial statements takes place with the consideration of the management of th e financial statements and thereby the changes in the capital market take place. References CASSEL, D. (2016). Outlining the Case for a Common Law Duty of Care of Business to Exercise Human Rights Due Diligence.Business and Human Rights Journal, 1(02), pp.179-202. Griffith, R. (2008). Abuse and the law: a breach of duty.Nurs Residential Care, 10(7), pp.357-361. Halikiopoulou, D. and Vasilopoulou, S. (2016). Breaching the Social Contract: Crises of Democratic Representation and Patterns of Extreme Right Party Support.Gov. oppos., pp.1-25. Lowry, J. (2012). The Irreducible Core of the Duty of Care, Skill and Diligence of Company Directors: Australian Securities and Investments Commission v Healey.Mod. L. Rev., 75(2), pp.249-260. Radcliffe, S. (2010). Non-rational aspects of the competition state the case of policy consultancy in Australia.Policy Studies, 31(1), pp.117-128. Yagil, D. and Ben-Zur, H. (2008). Breaching the Contract: Aggressive Interpersonal Behaviors in Paternalistic Relationships.Journal of Aggression, Maltreatment Trauma, 16(1), pp.55-71. Ben-Natan, R. (2005).Implementing database security and auditing. Burlington, MA: Elsevier Digital Press. Campbell, T. and Houghton, K. (2005).Ethics and auditing. Canberra: ANU E Press. Duska, R. and Duska, B. (2003).Accounting ethics. Malden, MA: Blackwell Pub. Handbook of international auditing, assurance, and ethics pronouncements. (2005). New York: International Federation of Accountants. Careers in insurance and risk management. (2009). San Francisco, CA: WetFeet. Harrison, C. (2010).Risk. Leicester: Ulverscroft. Nersesian, R. (2004).Corporate financial risk management. Westport, Conn.: Praeger. Shirreff, D. (2004).Dealing with financial risk. London: Economist. Vona, L. (2011).The fraud audit. Hoboken, N.J.: Wiley. Walker, R. (2012).Winning with risk management. Singapore: World Scientific.

The Social Mill free essay sample

Mill Avenue, a street near the ASU Tempe campus, is paved with entertainment. The northernmost section of the road before Tempe Town Lake teems with clubs, restaurants, and shops. This part of the avenue, called the Mill District, plays a critical role in the local economy and culture. There’s no livelier place to be found in all of the Phoenix Metropolitan area – come the weekend, thousands of people flock to dance, eat, and shop. But Mill suffers from a design flaw. I had just finished eating at Corleones, a restaurant about a block and a half away from the Light Rail station. According to my timetable, the next train would be arriving in four minutes. Four minutes is, at least in theory, more than enough time to traverse one and a half of Mills undersized blocks. In practice, I was held up by two traffic lights on my way there. We will write a custom essay sample on The Social Mill or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I missed the train and had to wait twenty extra minutes in the dark, warm summer night. Wiping the sweat from my face and cursing Henry Fords name, I recalled a newspaper article that mentioned a proposal to block the street from cars. The Mill District should be permanently closed to cars to improve safety, encourage additional commerce on Mill as well as on nearby streets, and create a much-needed public place for the citizens of Tempe. Erecting barricades on either side of the Mill District to keep cars out would save the lives and time of both drivers and pedestrians. The traffic through Mill can be thought of like a university students schedule. Pedestrians are vital classes, while drivers are clubs and jobs. Though extracurricular activities are enjoyable and enhance student life, they should not be allowed to interfere with coursework. Drivers occasionally collide with pedestrians, and in pedestrian-heavy areas like Mill, the risk of a crash is higher than usual. (It should also be mentioned that a great many establishments on Mill deal in alcohol, and alcohol tends to inhibit executive faculties like staying on sidewalks.) The Mill District is one of the few places where cars cause more problems than they solve. Just as making time to study is tough, parking on Mill is difficult. The eighty minute time limit on Tempe parking meters is not long enough for most people – simply getting into a crowded rest aurant may take that long, to say nothing of actually eating. The parking garages are clustered in a group near the lake on the north end. The Mill student can avoid conflict by sticking to a strict study schedule: routing cars along a street parallel to Mill to a garage would reduce the risk of being hit. Drivers would benefit from such an arrangement as well. Because of frequent street crossings, Mill requires sudden starts and stops, both of which are liable to cause automobile crashes. A more predictable road is a safer road, just as an uninterrupted hour of study time is infinitely more valuable than a handful of ten minute blocks. Additionally, drivers would be forced to walk a few blocks from the heart of the party to get to their vehicles. Such a policy would help ensure the most inebriated individuals do not ever make it to their cars and onto the roads and highways where they threaten others lives. Roads in the Valley were not designed with bicycles in mind. Bike lanes ar e thin and dangerous afterthoughts that disappear from the asphalt whenever they become the least bit inconvenient for cars. By keeping Mill free of cars, bikers may zip north and south without fear of careless motorists, especially in daylight hours. Daylight compounds the available space for bicycles; the most popular establishments on Mill are closed during the day. With the car lanes empty, bicycles can roam without fear. Bicyclists are less common at night; when the daily commute is over would be invaluable to another group currently underrepresented in the city. Street vendors and performers, though common in other cities, are uncommon in Tempe. High temperatures are at least partially to blame, but the cool summer nights and winters bring no deviation from the mean. With a vast empty expanse between defunct sidewalks, a carless Mill would see new breeds of salespeople and entertainers. Local artists could set up stands and sell their wares as they do at farmers markets. Food carts would surely cater to shoppers unwilling to pay more and wait longer at a full service restaurant. Existing individuals could use the extra room as well. The guitarists endemic to Mill street corners could bring additional amplifiers and other musicians with them, thus expanding their operations. Restaurants could lure customers inside with samples of signature dishes without risking police citations for obstructing the sidewalk. The clothing stores might hire models to show off the latest fashions for sale. Any business can come up with a way to advertise itself given a public place to advertise in. Businesses close to Mill would also benefit. The areas surrounding Mill would see bigger profits as well. Cars that would normally travel north and across the lake via Mill would be forced west. ASU lies to the Mill Districts immediate east and prevents meaningful north-south movement. The first major street to Mills west, Ash Avenue, does not even begin to approach Mills grandeur. The buildings on Ash are generally old and run-down. The flow of cars along Ash would empower Ashs businesses by the same mechanism that begets cities along interstate highways and around seaports. With more people seeing and interacting with its businesses as a matter of course, Ash Avenue would surge along with the Mill District. One might wonder – for every cars worth of commerce Ash gains, would Mill not lose an equal amount? The Mill Districts shops are very focused in what they sell: custom-printed T-shirts, bulk candy, and designer clothing, to name a few specialties. Ash Avenue offers more general products – a gas station, convenience store, and coffee shop all sit within a quarter mile of each other. Special-interest items are not as readily desired as general ones. One might impulsively indulge in a latte before a long day, but it is hard to imagine the average person stopping to check out the new Autumn styles on their way to work. Someone buying from the Mill District is not doing so on whim, but on a firm intent, and intent does not strike at random. Times Square in New York City is proof that municipal economics is not a zero-sum game: despite carrying no car traffic, Times Square manages to eke out a simple life as the most important commerce hub in the city (not counting Wall Stre et). Tempe lacks public places; a pedestrian Mill District could act much like a park. Tempe has only one remarkable area for the public to congregate: the park on the shores of Tempe Town Lake. Because the park is among the most important in the Phoenix metropolitan area, all manner of festivals and charity events are held there. Where can residents go to relax Saturday morning when the paths by the lake are crowded with American flags or runners for breast cancer? No alternative exists. A quiet and spacious place free of traffic is ideal. The Mill District could become all of these things during the day if cars were detoured away. With the simple addition of benches, tables, and more plants, the space could serve as a park in its own right when not hosting Tempes nightlife. Tempe stands to benefit from switching off the traffic lights and painting over the lines at the Mill District. Motorists, walkers, and bicyclists alike would be safer as they move around the city. Both Mill and neighbor Ash would see economic improvements from redirecting traffic to the latter. Mills capacity to act as a park with only minor renovations is wasted on automobile traffic, particularly in a city where the only other major public place is reserved every other weekend. Mill transformed would be more than the nightlife hotspot it is reputed to be – the district would be able to serve a purpose at all hours of the day.