Thursday, May 14, 2020

The Beginning Of The Revolutionary War - 1019 Words

From the basis of the colonies beginning with the founding of Jamestown until the beginning of the Revolutionary War, different areas of the eastern coast had different traditional values. Once established, the thirteen British colonies could be separated into three physical areas: New England, Middle, and Southern. Each of these had specific economic, social, and political growths that were distinctive to the territories. European nations came to the Americas to boost their wealth and expand their influence over world affairs. The first enduring British colony was established in Jamestown in the Chesapeake Bay region by the Virginia Company. To honor the memory of Elizabeth I, the never married â€Å"Virgin Queen† the company’s directors named the region Virginia. (pg.41) The Jamestown colonist had a tough time of it. They were so occupied looking for gold and other exportable assets that they could barely feed themselves. It wasn’t until 1616, that Virginia settlers learned how to farm tobacco. It became Virginia’s main source of revenue and helped the colony survive. The first African slaves appeared in Virginia in 1619. Many of the people who put down roots in the New World came to escape religious discrimination. The Pilgrims, founders of the Plymouth, Massachusetts, turn up in 1620. In both Virginia and Massachusetts, the settler flourished with some help from the Native Americans. The stream of migrants created an all-out conflict with the neighboring Indians. TheShow MoreRelatedThe Beginning Of The Revolutionary War1013 Words   |  5 PagesFrom the foundation of the colonies beginning with the founding of Jamestown until the beginning of the Revolutionary War, different regions of the eastern coast had different characteristics. Once established, the thirteen British colonies could be divided into three geographic areas: New England, Middle, and Southern. Each of these had specific economic, social, and political developments that were unique to the regions. European nations came to the Americas to increase their wealth and broadenRead MoreAnalysis Of Revolutionary Mothers1693 Words   |  7 Pages Revolutionary Mothers Revolutionary Mothers: Women in the Struggle for America’s Independence. By Carol Berkin. 2005. P. 194. As we study the Revolutionary War we tend to think of the men that revolted, fought, and petitioned, but have we ever thought about what the women did during the war? In Revolutionary Mothers: Women in the Struggle for America’s Independence, we get a chance to see the women’s side of the war and what they did during this troubling time. Carol Berkin shows us what each raceRead MoreTerror in the French Revolution Essay1039 Words   |  5 Pageshard, the church had already been abolished and its funds taken to resolve the spiralling debt problems. A lot of groups had been set up to fight the revolutionary committee including the Monarchiens and the Noirs. The main opposition came from the #233;migr#233;s set up by Louis xvi younger brother in Turin. He had hoped that his counter revolutionary committee would attract other high European monarchs as he posed the argument that what was happening in France threatened the whole political orderRead MoreThe Effect of Amercan W ars on the Societal Views of Women965 Words   |  4 PagesUnited States, and the wars that followed, the female population finally gained the confidence to voice their thoughts of their roles in society. The impact of the Revolutionary War, the Civil War, and the Progressive Era impacted the roles that women played in society in momentous ways because all three of these events were times of partial chaos with which came the more confident voices of women voicing their concerns about society’s views of them. The Revolutionary War was a time when thoughtsRead MoreAnalysis Of George Orwell s The Road 1301 Words   |  6 Pagesconceives it as desirable but actively wishes—to see tyranny overthrown† (Orwell, The Road 76). One senses here that the point is not the ultimate triumph of a particular doctrine or party, but the triumph of human dignity. This triumph can be achieved by war and revolution. Orwell wrote to Cyril Connolly, telling him: â€Å"I have seen wonderful things and at last really believe in Socialism, which I never did before† (Orwell, Collected Essays 269). Although it was clear that he was at least intellectuallyRead MoreThe American Revolutionary War796 Words   |  3 PagesThe American Revolutionary War was a long hard fought war that lasted about 8 years. Many Countries were involved in the war, such as The United States, France, Great Britain, Spain, and The Dutch Republic. Not all countries actually fought but they provided either side with weapons and supplies to help them have a greater chance of winning the war. More than 70,000 people were killed during the great American Revolutionary War. The Americans were tired of the loyalist British taking advantage ofRead MoreThe Revolution Of The Soviet Revolution1371 Words   |  6 Pagesmotivating revolutionaries in the history of the world. Once Lenin became a statesman he lost focus on how to run a country, and he lacked a plan. Lenin’s greatest achievements were in fact during the struggle for power in Russia, and not during his time as leader of the USSR. His leadership in the revolutionary Bolshevik party served as an important model for later revolutionary leaders of the 20th century. Lenin’s works made important contributions to the development of revolutionary socialistRead MoreThe Revolution Of The Revolutionary Revolution1420 Words   |  6 PagesBeginning in 1839, foreign imperialists began to exploit China for economic gain. The Chinese immediately renounced imperialism. The revolution that took place in China from 1839 to the present was in part a reaction to the aggressive advancements of imperialism. A pattern arose, A power would impose it’s will on China, and China was too weak to defend itself. This angered the Chinese people and pushed them toward revolution. The leader of the revolution, Mao Tse-tung, wrote about how each altercatio nRead MoreThe Treaty Of Paris And Indian War876 Words   |  4 Pages] Outline: 1. From one war to another a.) French and Indian War b.) Ended by the Treaty of Paris 2. Revolutionary War a.) Negotiations between Great Britain and America b.) Informal articles of peace 3. Ending of the Revolutionary War a.) Articles of peace b.) Formal agreements between Great Britain and America c.) Treaty of Paris [ The Treaty of Paris, The ending of the Revolutionary War ] In 1763, the treaty of Paris ended the French and Indian War between Great Britain andRead MoreThomas Gage And His Impact On The Revolutionary War Essay1608 Words   |  7 PagesThomas Gage and His Impact on the Revolutionary War Matt Thompson Mountain View High School â€Æ' Back in 1774 Thomas Gage had a job that no one would envy. He would be tasked with stemming the tide of a rebellion in the colonies of North America. Many considered him the protagonist of the English cause in the Revolutionary war. Tensions were rising and Gage had just been appointed Military Governor of Massachusetts. With this title, he would effectively be the most powerful British official in

Wednesday, May 6, 2020

My Dream Job For Nike - 1256 Words

What do you want to be when you grow up? That’s a question I’ve been asked religiously since I was about five years old. As I grew older the answer to the question changed and for many reasons you could imagine. Often times I learned about new profession and knew that’s what I wanted to do, other time I simply realized I wasn’t interested in certain jobs anymore. Often times in our society we are taught that you can be whatever you want but your also taught to choose it early. With that being said while the professions I planned to go into often changed the core interest never did. When looking for my dream career I often thought about those core interest. After simmering for the while and searching the internet at this time I believe†¦show more content†¦As a Merchandising Manager focusing on global strategic initiatives my main focus is to create product plans, initiative, etc. that transcend across the world but are still focused on consumer ne eds and not too broad. As a manager I am responsible for delivering different marketing strategies as well as using these marketing strategies to engage Nike consumers everywhere. I also will partner with merchants as well as Nike direct and the product presentation department to make sure the image Nike wants you to see illustrated across the board. My overall purpose is to think outside that box to cultivate the customer experience and make it remember able for all consumers across the world. Looking through requirements and responsibilities is a very important part of knowing you’ve found your dream job, as well as the ability to be able to weigh options and decide which responsibilities will make or break your decision to work there. As I look through the job requirements my only problem with the position is the amount of collaborating that has to be done, this is not because I am closed minded but because sometimes working in groups can get dangerous. While I do know tha t working in groups can get messy I also do understand that workplace problems are inevitable to avoid, especially working for highly diverse companies trying to target an even more diverse target audience like Nike, this is why I am more than willing to still work with Nike. The most interestingShow MoreRelatedMy Dream Job At The Nike Outlet1266 Words   |  6 Pagespart-time job as i was interested in the aspect of money. My â€Å"dream job† since I was about 8 was to work at the Nike outlet in Centralia, Washington. So long story short, I applied and applied over and over and eventually got the call during August 2015. Even though working an already busy schedule was a definite struggle, I really enjoyed my time and experiences I gained through Nike. The job, eventually gave me a better understanding of what I would pursue as a career. Even though my experiencesRead MorePersonal Statement : The Sports Marketing Field795 Words   |  4 Pages focused, and competitive. I c ompleted my major in Communication Studies with a double minor in history and marketing. I complete my undergraduate degree in three years, all while playing soccer at the D1 collegiate level. I am currently enrolled in the Master of Business Administration (MBA) program at Arkansas State University. My passion lies in promotion and marketing. I am particularly interested in social media marketing. I am scheduled to complete my degree in the spring of 2017. As graduationRead MoreMy Goals At A Division One University885 Words   |  4 PagesMy Goals In Life With the great advances in technology, anyone who is interested in a career can look at their dream job at the tip of their fingers. Companies such as Google and Youtube have so much information that almost any job is most likely able to be accessible. My main goals in life are to play baseball at a division one university, play professionally, and to earn large amounts of money. Ever since I was four years old, I knew that I wanted to make a living by playing baseball. I mainlyRead MoreMy Career Goals For Nike1951 Words   |  8 PagesGrowing up was a weird time for me, I was overweight and socially awkward. When I was ten years old my mom insisted that I should join a swim team, so that I lose weight and learn to make friends. Over time, I joined multiple sports during all my years in school and fitness became my personal escape for everything. I acquired different skill sets and knowledge from my experience with different sports teams such as boxing, cross country, swimming, t aekwondo, tennis, and track. As I got older, I knewRead MoreAdvantages Of Sweatshops Essay1064 Words   |  5 Pagesconsumer goods sold in developed countries. So, in a way they keep the cost of the goods low. The average pay at a Nike factory close to Ho Chi Minh is $54 a month, almost three times the minimum wage for a state-owned enterprise (article 1 ; The Noble Feat of Nike). This might not be the best advantages, but something is better than nothing. It may look like Vietnamese are paid less by Nike but the fact is that, they are paid more than the average in their country. Consumers in the united states andRead MoreAthletic Shoe and Nike4456 Words   |  18 PagesNIKE 1 Nike has always remained on the preference list of athletes and  athletic  footwear  was indeed the first category of products launched by the company more than 30 years ago. Today, you can see the craze for its products, not only among athletes, but also among golfers and other sportspeople. Apart from that,  Nike  shoes  and other accessories have also become the favorite  fashion  products for teenagers. Thus, fashion, elegance and achievements are some of the associated attributes of NikeRead MoreExploring How Nike Influences the Environments in Which It Operates1916 Words   |  8 PagesExploring How Nike Influences the Environments in Which It Operates Introduction: The main objective of this essay is to answer the question to what extent does Nike influence the shape of the environments in which it operates? To reach this objective, I will first talk a little bit about the components of this question, which are Nike and Environments. There is a tiny difference between a global and multinational company, but in general they are companiesRead MoreThe Life Of Kanye West1714 Words   |  7 PagesThis stint was also short lived and at age 20 Kanye West officially dropped out of college (Carpenter). This decision disappointed his mother obviously since she was a professor at Chicago State, but Kanye decided to follow his dreams of becoming a musician, and his dream soon became a reality (Carpenter). Early on in Kanye West’s career he wasn’t known for his vocals, but rather for his producing skills. He received his first producing credits in 1996 when he was just 19 years old on an albumRead MoreThe Common Misconception of International Outsourcing Essay4052 Words   |  17 Pages Among the American society there is a controversy over the rising popularity of corporations internationally outsourcing American jobs. You may be asking yourself what is international outsourcing? It can be defined as a strategy corporations use to send jobs within their company overseas. These jobs originated in the corporations’ country prior to being outsourced to other countries. The reason for such actions can many times be attributed to the cheaper labor or for strategic business reasonsRead MoreEssay about Nike: The Power of Exploitation1782 Words   |  8 PagesNike: The Power of Exploitation Outline I. INTRODUCTION Paragraph No. A. Nike Described + Thesis: Many people can prove that Nike is a company 1 that continues to push the boundaries of design and performance, promoting freedom and choice, but these same people leave out the obvious facts that show how this company exploits third world countries by using cheap labor.

Tuesday, May 5, 2020

Accounting and Financial Management for HIH Group - myassignmenthelp

Question: Discuss about theAccounting and Financial Management for HIH Group. Answer: Introduction HIH group was the second largest general insurer in Australia with 217 subsidiaries. The company was established in the year 1968 as MW Payne Liability Agencies Pty Ltd as an underwriting insurance business in Australia. The mission of the company is to capture a large market share in the general insurance industry of Australia and to adopt different channels for distributing its products. The company has acquired different businesses in insurance industry. The collapsed of HIH insurance is the largest failure in the history of Australian business. One. Tel was a telecommunication company established in 1995 by Brad Keeling and Jodee Rich in Australia. The company is expanding its business operations in USA and Europe by the adoption of customer driven approach and low pricing strategy (Fleckner and Hopt, 2013). One.Tel company is one of the fastest growing companies in Australia and got the second highest ranking in the industry. The shareholders of the company has made substantial investment in the company for the purpose of overcoming cash crisis and resulted in ceasing its trading in 2001. It was the fourth largest telecommunication company in Australia. It had two million customers and operations in eight countries (Fleckner and Hopt, 2013). ABC Learning center was established in the year 1988 in Brisbane Australia. It is considered as the dominant player in Australian long day care. The company has adopted a franchise model and expanded the learning centers in different regions of Australia. In addition to this, ABC Learning has become a leader due to which other companies in the industry follow the company which results in the formation of corporate care provided by those companies whose shares are traded on Australian stock exchange. Along with this, the child care centers in Australia were not for profit organizations which are supported by government subsidies. The company has managed 18 child care centers and considered as a major player in private childcare sector of Australia. For the promotion and growth of the sector, the government has provided subsidy to families through direct payments (Margret, 2011). The company has expanded its business operations in different regions of Australia by acquiring properties in prime locations and single day care centers and child care groups. The company has listed on Australian stock exchange in the year 2001 which results in provision of the capital for further growth. The company owned 2238 centers in Australia, US, New Zealand and UK in the year 2008. There is a growth in the market capitalization of Aus $ 2.5 billion in the year 2006. Besides this, in the year 2007, the after tax profit of A$ 143.1 million and revenues of Aus $ 1.7 billion. In the year 2008, the ABC Learning centers have collapsed and went into liquidation (Huang, 2009). Reasons for Collapse The main reasons behind the collapse of the HIH Insurance is the presence of debts of Aus$ 5.3 billion. The company has liquidated in the year 2001. There was a decline in the share prices of the company to Aus$ 0.175 in the year 2001 from Aus $ 1 in 2000. It has a direct negative impact on the stakeholders of the company that were interested in taking protection from unforeseen calamities. Besides this, the main reasons for the occurrence of collapse include improper pricing of past claims on the policies and inadequate provisions for insurance claims. There was an occurrence of the mismanagement of the core operations of the business. Besides the other reason behind the collapse of HIH insurance was the self indulgence and corporate expenditure which raised concern for risk management and corporate governance in the company. The company failed to provide transparent information and disclosure of the deteriorating position of the financial statements (Mirshekary, Yaftian and Cross, 2005). The main reasons for collapse of the telecommunication company named One.Tel include failure of performance of the duties by the directors and management, lack of internal controls and absence of independence in the audit function. Besides this, other reasons for the occurrence of collapse of One.Tel company include strategic mistakes, unbridled growth, failed expectations and wrong pricing policy. There is a presence of lack of involvement of directors and management in the operations of the business (Jones, 2011). The company has adopted management by crisis approach in place of forward planning. The company has misstated its profits and cash flows generated from different activities to meet its obligations. Along with this, the directors of the company failed to establish strong agency relationship with the shareholders and get the approval of excessive loans for the expansion of the business without implementing an appropriate system of audit and control. They have violated diffe rent sections of Corporation Act 2001 i.e. 180, 181, 182 and 183 (Sievers, 2009). Besides this, the actions of the directors are not in the good faith and best interests of the company. In addition to this, the management and financial personnel has failed to exercise their duties with diligence and due care because there is a lack of their involvement in day to day operations of the company. Besides this, the company has failed to state the true financial position to its shareholders due to which the company has collapsed and unable to recover from it. Along with this, the financial statements of the company were audited by two different accounting firms i.e. BDO and Ernst Young. The auditing firms have not fulfilled their roles and responsibilities in an effective manner (Campbell and Houghton, 2005). BDO has issued unqualified reports which leads in material misstatement. The company has purchased lot of non-audit services from its auditors which created conflict of interest between individuals within the auditing firms. Out of five ethical principles which are followed by auditors i.e. objectivity, due care, professional competence, integrity and confidentiality, the auditors have breeched some of the ethical values i.e. integrity, professional behavior, and objectivity. The auditors did not comply with different laws and regulations which result in the breach of professional behavior (Kirby and Drury, 2012). There is also a presence of some inherent risk such as increased outlays beyond the financial capacity of the firm. In addition to this, the company is offering telecom services to subscribers at low prices than the payments made by the company. Along with this, the billing system of the company has failed as it lacks in providing the bills to customers in quick manner and take receipts from them on time due to increase in the number of customer base of the company (Gaylord, 2001). The main reasons for the collapse of ABC Learning include debt repayments, weak operating cash flow, business model, capital expenditure and accounting. In order to repay the debt, the company has sold 60% of its US subsidiary due to which there is a decline in the share price from Aus $ 8.62 to Aus $ 0.54. This is the reason that it has been delisted from Australian stock exchange. In addition to this, in the financial statements of the company, there is a large amount of intangible assets such as goodwill and childcare licenses as it has recognized large number of licenses for operating the childcare centers (Kruger, 2011). The company has shown increased amount of licenses and goodwill in the year 2007-2008 to Aus $2.4 billion and Aus $ 271 million in a respective manner from Aus $647.6 million and Aus $37.4 million respectively. Along with this, there was also an impairment charges for such intangible assets amount to Aus $ 2 million and Aus $ 8.4 million for goodwill and childcare licenses in a respective manner for two years. Besides this, these intangible assets become worthless in the year 2008 when a company faces crisis. Besides this, there is also a presence of inherent risk related to valuation of the assets (Garvis and Manning, 2017). In addition to this, the company has appointed three auditors namely KPMG, Ernst Young and Pitcher Partners who had provided unqualified opinions to the company. The company has total liabilities of Aus $1.1 billion which has reclassified the current liabilities to non-current liabilities. The main reason behind it is the refinancing of the funds. In the year 2007-2008, the profit for the company has fell to 42% due to covenants for debt and one off charges. Along with this, the company has not generated enough cash flow from operating activities for the purpose of payment of salaries, interest, dividends and suppliers (Garvis and Manning, 2017). Consequences of collapse of One.Tel, HIH insurance and ABC Learning Centers There is a need for the senior managers to have a knowledge regarding the difference existed between managing and directing. It is essential for the manager or director in board of directors to act in the best interests of the company. There is a need to clearly communicate and delegate roles and responsibilities to every member of the organization. This helps in effective management and increased productivity of the organization. In addition to this, there is a need to frame code of conduct which takes into consideration management and legal guidelines such as culture, risk management programs and monitoring and review of the operational, project and strategic activities (Cheng and Seeger, 2012). There is also a requirement of understanding of the activities carried out by the organization by directors which facilitates in the monitoring in a regular manner the attendance at board of directors meetings and familiarity with the financial status of the company. Besides this, it is also found out that it is ineffective to increase the customer base if it not result in an increase in the profitability of the company (Clarke, 2017). There is also a need to establish and implement strong internal controls, effective management scrutiny, financial reporting quality and full disclosure of company affairs to its stakeholders (Caliyurt and Crowther, 2008). It is also requisite for non executive members should interact with middle and lower level management to provide transparency of the operations carried out by the firms. Besides this, the investors who have large share in the company should take active participation in the management of the firm. The board of directors should control the agenda and monitor the behavior of the management in an effective manner (Ferran and Ho, 2014). Conclusion It can be concluded that the collapse of HIH Insurance, One.Tel and ABC Learning are the largest corporate scandals in Australia. It can also be concluded that HIH Insurance was established in the year 1968 and considered as a largest general insurer company in Australia. Besides this, One.Tel was the fourth largest telecommunication company established in the year 1995. ABC Learning centers was the company that provides child care services in Australia and established in the year 1988. It can also be summarized that One.Tel company has collapsed in the year 2001. Along with this, HIH insurance has also liquidated in the year 2001. In addition to this, ABC Learning centers has liquidated in the year 2008. The main reasons behind the collapse of these companies include presence of large amount of liabilities which the companies were unable to pay, improper pricing of previous claims, weak operating cash flows, misrepresentation of the financial statements by auditors and so on. To avo id liquidation, there is a requirement for the companies to clear communicate and delegate roles and responsibilities to members of the organization. Along with this, it is also required by the non executive directors to communicate with the middle and low level management in order to bring transparency in the operations of the business. References Caliyurt, K.T. and Crowther, D. (2008) Globalization and Social Responsibility. USA: Cambridge Scholars Publishing. Campbell, T. and Houghton, K.A. (2005) Ethics and Auditing. USA: ANU E Press. Cheng, S.S. and Seeger, M.W. (2012) Lessons Learned from Organizational Crisis: Business Ethics and Corporate Communication. International Journal of Business and Management 7(12), pp. 74-86. Clarke, T. (2017) International Corporate Governance: A Comparative Approach. USA: Taylor Francis. Ferran, E. and Ho, L.C. (2014) Principles of Corporate Finance Law. UK: OUP Oxford. Fleckner, A.M. and Hopt, K.J. (2013) Comparative Corporate Governance: A Functional and International Analysis. USA: Cambridge University Press. Garvis, S. and Manning, M. (2017) An Interdisciplinary Approach to Early Childhood Education and Care: Perspectives from Australia. USA: Taylor Francis. Garvis, S. and Manning, M. (2017) An Interdisciplinary Approach to Early Childhood Education and Care: Perspectives from Australia. USA: Taylor Francis. Gaylord, B. (2001) Liquidation of One. Tel of Australia is outlined. [Online]. Available at: https://www.nytimes.com/2001/06/06/business/liquidation-of-onetel-of-australia-is-outlined.html [Accessed on: 5 September 2017]. Huang, P. (2009) The Australian Dream and $1 Properties. USA: Interactive Publications. Jones, M.J. (2011) Creative Accounting, Fraud and International Accounting Scandals. USA: John Wiley Sons. Kirby, J. and Drury, B. (2012) Investing For Dummies. USA: John Wiley Sons. Kruger, C. (2011) Numbers finally start to add up as operators go back to basics. [Online]. Available at: https://www.smh.com.au/business/numbers-finally-start-to-add-up-as-operators-go-back-to-basics-20110121-19zy6.html [Accessed on: 5 September 2017]. Margret, J.E. (2011) Solvency in Financial Accounting. UK: Routledge. Mirshekary, S., Yaftian, A.M. and Cross, D. (2005) Australian corporate collapse: The case of HIH Insurance. Journal of Financial Services Marketing 9(3), pp. 249-258. Sievers, B. (2009) Psychoanalytic Studies of Organizations: Contributions from the International Society for the Psychoanalytic Study of Organizations (ISPSO). London: Karnac Books.