Marriott International Business Analysis Essay

Marriott International Business Analysis Essay Marriott International Inc. Business Analysis Essay Marriott International Inc. Business Analysis Essay Marriott International, Inc. is a main worldwide housing organization headquartered in Bethesda, Maryland, USA. Marriott International, Inc. has more than 4,200 properties spread across 79 nations (â€Å"About Marriott International†). Also, the organization claims 19 brands that are gathered in five business sections, which incorporate the North American Full-Service Lodging, North American Limited-Service Lodging, International Lodging, and Luxury Lodging and Timeshare (Marriott Jr. 15). Other than diversifying and working the inns, Marriott International offers administrations to home and apartment suite proprietor relationship for ventures identified with one of its brands (Marriott Jr. 28). Marriott International uses novel systems planned for accomplishing powerful piece of the overall industry and great productivity. MARRIOT INTERNAL ENVIRONMENT The organization is guided by Marriott family for right around 90 years (â€Å"About Marriott International†). The underlying thought of the organizers of Marriott International, Inc. was to open a root lager remain in Washington (Marriott Jr. 12). The company’s first lodging, established in 1927, was a significant accomplishment for Marriott family. Marriott International has become a world driving business because of its principle center is around client relationship, development effectiveness, administration offering just as its capacity to give successful client advancements to the inns. The paper targets investigating the Marriott International Inc. furthermore, its condition. Representatives Marriott International comprehends the significance of representatives for the achievement of the business. Along these lines, the organization gives a steady domain to enable its workers to develop in the present place of employment positions and assemble a practical profession (Gallagher standard. 1). The organization follows the rule of putting individuals first. The organization is known to offer serious remuneration and advantages to its workers. In Marriott International, there are more than 200,000 inn workers. Along with those in the diversified properties, there are 361,000 (Gallagher standard. 6). The company’s representatives are not focused on a cool grounds, but instead dispersed everywhere throughout the world. Proprietors The author of Marriott International was J. Willard Marriott. Today, the organization is driven by his child, Bill Marriott, the Executive Chairman, related to Arne Sorenson, the Chief Executive Officer (Marriott Jr. 12). The Marriott family claims 30 percent of the organization. The organization has an Ownership Educational Summit two times a year to empower inn proprietorship and teach likely proprietors on the friendliness and the travel industry just as the methods of accomplishing Marriot’s possession and the criticalness of contracting solid brands for the organization. Governing body. The governing body of Marriott International comprises of qualified faculty as talked about beneath (Aspen Publishers 56-77). Marriott International’s Executive Chairman and Chairman of the Board is W. Marriott Jr., the child of the author, Willard Marriott. Clients Marriott International has an expansive objective market (Marriott Jr. 44). Be that as it may, the company’s most significant objective gathering are the business explorers or individuals in the business world. The organization comprehends that individuals in the business need to go far and wide for business reasons. Along these lines, Marriott International offers such brands as Fairfield Inn Suites, Residence Inn, Courtyard, TownePlace Suites, and SpringHill Suites for its business customers (Marriott Jr. 47). Contenders Marriott International appearances solid rivalry both as a franchisor and as a housing administrator. There are roughly 872 housing the board organizations in the US, with 9 of them working more than 100 properties (Marriott Jr. 56). The administrators are predominantly private administration organizations, yet in addition incorporate some huge mainstream stores that work own lodgings and establishment own brands. Marriott International positions second in the piece of the pie (5.6 %) after Hilton Hotels Corporation (7.2%) (Marriott Jr. 57). Other significant adversaries of Marriott International in the business incorporate Starwood Hotels, Resorts Worldwide, Inc., and Wyndham Worldwide Corporation, which have a similar piece of the overall industry (3.4%) (Marriott Jr. 57). Different contenders incorporate Accor at 1.7% and the Intercontinental Hotels Group PLC, whose piece of the overall industry is 0.8% (Marriott Jr. 57-58). In spite of the fact that all the inn properties offer comparative offices, the Hilton Hotels Corporation, the biggest rival in the business, joins more relaxation offices. Also, Hilton Company works its own faithfulness program. In addition, not at all like Marriott, Hilton has taken earth agreeable endeavors to keep up its market position (Marriott Jr. 60). Providers. Marriott International keeps up solid relations with organizations claimed by minority bunches in the territories of its activity over the world, and these relations proceed to develop and reinforce ( «Marriott Enlists increasingly Diverse Suppliers† standard. 1). In the previous decade, the organization went through 4 billion dollars with different providers ( «Marriott Enlists increasingly Diverse Suppliers† standard. The company’s providers from various enterprises include: Berman Purchasing Inc., Jupiter, Fla. (furniture, apparatuses, and hardware vender); Carter Brothers, Atlanta, Ga. (security and alarms wholesaler); Falcons Koinonia Corporation, Brandon, Fla. (janitorial/cleaning administrations); Fairmont Designs Hospitality Group, Buena Park, Calif. (furniture plans); Garys Seafood, Orlando, Fla. (fish circulation); Neighborliness Staffing Solutions, Marietta, Ga. (transitory staffing); Land-Ron Inc., Orlando, Fla. (developments for the organization); Tronex, Parsippany, NJ. ( expendable gloves and items); Ty, Ty, Ty Inc., Miami, Fla. (deals with the rooms/material); TG Constructors Inc., Orlando, Fla. (developments for the organization) ( «Marriott Enlists progressively Diverse Suppliers† standard. 3). Wholesalers Marriott International has one of the most grounded circulation frameworks in the business. The framework is coordinated with the income the executives, client faithfulness, online business, worldwide dissemination frameworks, and property the executives frameworks of the organization (Marriott Jr. 66). The company’s foodservice merchants incorporate the Red Lobster cafés, Darden Restaurants Olive Garden, and Garys Seafood, Orlando, Florida (Marriott Jr. 66). Key Allies Marriott International has entered various vital partnerships with solid world shopper brands to expand client mindfulness just as income and offer worth (Marriott Jr. 67). The company’s key partners incorporate Visa USA, which entered a concurrence with the organization to create novel items for relaxation and business voyages, joint sponsorships, and buyer and exchange advancements. Next is the Rugby Football Union. The coalition with Marriott International was intended to improve the current connection between the two firms (Marriott Jr. 77). Associations and Employee Associations. Of the complete number of representatives working for Marriott International, 11,000 of them are ensured by associations (Gallagher standard. 6). These associations guarantee that laborers get the correct treatment at their working environments and are similarly redressed. A few instances of the associations is the International Labor Organization and Hotels, Restaurants Cafã ©s in Europe (Marriott Jr. 70). Nearby Communities As a perceived organization that works oversaw and diversified lodgings, Marriott International has different partner bunches that incorporate inn proprietors, investors, clients, providers, partners, industry affiliations, network associations just as administrative and non-governemntal offices (Marriot 92). The company’s partners are different and work all inclusive. Marriott has an understanding that the partners are significant and that their assessments, wants and needs drive the company’s stategy. In this manner, the company’s partners are exceptionally esteemed and are concurred most extreme regard since they shape the manageability methodology (Marriot 92). Moneylenders Marriott International is financed by the neighborhood business banks in the US (Marriott Jr. 102). Be that as it may, in the event of a budgetary emergency in the nation of origin, the organization can obtain cash from a bank in the nation it wishes to work. Government Regulators The guidelines experienced by Marriott International are with respect to the earth, assessment, and representatives (Marriott Jr. 108). In each nation where Marriott International is executing its activities, there are specific standards that manage its collaborations with legislative organizations and authorities. The guidelines mostly center around campaigning, political commitments, exchange limitations and so forth. Specific vested parties Specific vested parties are framed to empower individuals to share data identified with neighborliness and the travel industry. Marriot International is an individual from specific vested parties (Marriott Jr. 103). Furthermore, one of the directors of the specific vested parties, Allan Tuttle, is the individual from the organization. Marriott International is an individual from the Hospitality and Sales (SIG) gathering (Marriott Jr. 103). Broad communications Marriot International uses broad communications to connect with its customer base (Marriot 36). The organization utilizes the online life, for example, Twitter and Facebook to make familiarity with any adjustments in the organization. Moreover, it utilizes flyers to convey its projects to its clients. In conclusion, the organization utilizes service bills, for example, eGifts to upgrade its customers’ encounters (Marriot 36). GENERAL ENVIRONMENT Financial Forces Marriot International is influenced by financial factors, for example, downturn and ecomomic unrest in Europe (Marriott Jr. 75). Occasions, for example, obligation emergency have decreased the purchasing intensity of clients and their abilit

Self Respect

Sense of pride intends to have regard yourself. It’s a term that implies something other than what's expected to everybody one. In any case, it’s something everybody needs, relatively few have, and barely any need to give out. Confidence is one of the most significant qualities an individual can have. To pick up regard you must be certain about yourself. Additionally you must have regard for others to completely accomplish it. Dignity obliges confidence. The manner in which you see yourself implies everything so as to manufacture solid character. In the event that you don’t see yourself in a constructive light, at that point you don’t truly have regard for yourself.Many individuals look for consideration in negative manners since they have a low confidence. At the point when individuals do this they are not regarding themselves and they are permitting individuals to mistreat them. For example, young ladies who have poor confidence search for consideration at any rate they can. A case of how they would do this is by resting around with various folks that shows them the scarcest piece of intrigue. They do this to cause them to feel cherished and needed however as a general rule it makes an awful name for them. Unavoidably this has a terrible impact making them feel surprisingly more dreadful than before.So at long last you ought to consistently esteem yourself and be certain about whom you are on the grounds that that’s what truly causes somebody to have sense of pride. The manner in which you treat others is likewise a method of demonstrating you have sense of pride. At the point when you show individuals thought for their issues and you really hear them out when they talk your giving them you have regard for them and they will regard you back. This likewise obliges not letting individuals slight you. Somebody with sense of pride doesn’t let somebody treat them gravely and when somebody is affronting them they take care of it.For model, when somebody abuses you and you don’t need to be say something since you don’t need to free that individual your giving an indication of shortcoming. You ought to have the option to stand up to that individual and disclose to them how they are treating you terrible and on the off chance that they don’t stop you just wont associate with them any longer. At the point when individuals do this it shows that you have genuine regard for yourself. At long last plainly individuals don’t get far without sense of pride. Its what fabricates your character so you need to typify all the properties that accompany it. You must have a constructive confidence and you must have the option to have regard for the individuals around you. Dignity Dignity intends to have regard yourself. It’s a term that implies something other than what's expected to everybody one. Be that as it may, it’s something everybody needs, relatively few have, and not many need to give out. Sense of pride is one of the most significant qualities an individual can have. To pick up regard you must be certain about yourself. Additionally you must have regard for others to completely accomplish it. Dignity obliges confidence. The manner in which you see yourself implies everything so as to manufacture solid character. On the off chance that you don’t see yourself in a constructive light, at that point you don’t truly have regard for yourself.Many individuals look for consideration in negative manners since they have a low confidence. At the point when individuals do this they are not regarding themselves and they are permitting individuals to abuse them. For example, young ladies who have poor confidence search for considerati on at any rate they can. A case of how they would do this is by dozing around with various folks that shows them the scarcest piece of intrigue. They do this to cause them to feel adored and needed yet as a general rule it makes an awful name for them. Definitely this has an awful impact making them feel much more dreadful than before.So at long last you ought to consistently esteem yourself and be certain about whom you are on the grounds that that’s what truly causes somebody to have confidence. The manner in which you treat others is likewise a method of indicating you have dignity. At the point when you show individuals thought for their issues and you really hear them out when they talk your giving them you have regard for them and they will regard you back. This likewise obliges not letting individuals affront you. Somebody with sense of pride doesn’t let somebody treat them gravely and when somebody is slighting them they take care of it.For model, when somebody abuses you and you don’t need to be say something since you don’t need to free that individual your giving an indication of shortcoming. You ought to have the option to defy that individual and reveal to them how they are treating you awful and in the event that they don’t stop you just wont associate with them any longer. At the point when individuals do this it shows that you have genuine regard for yourself. At long last unmistakably individuals don’t get far without sense of pride. Its what constructs your character so you need to epitomize all the properties that accompany it. You must have a constructive confidence and you must have the option to have regard for the individuals around you.

Blog Archive Columbia Business School Essay Analysis, 20192020

Blog Archive Columbia Business School Essay Analysis, 2019â€"2020 One of the first top programs to release its essay questions for this season, Columbia Business School (CBS) is again hitting candidates with a mix of old and new prompts. Its goal statement from 2018 has been relabeled as a short-answer question but has changed in no other way, while its first essay promptâ€"also about applicants’ career aspirationsâ€"has likewise remained the same. The school’s second essay question has been tweaked slightly to concentrate less overtly on the value of CBS’s Manhattan location and more on the program in general, though we would argue that in the end, the new prompt is intended to elicit much of the same information as last year’s. As for the third essay, applicants may be glad to learn they do not need to discuss and reimagine a past team failure (who wants to dwell on a defeat, right?), but they will instead need to look inward and reveal their values. Read on for our more detailed analysis of the program’s 2019â€"2020 questions. Interested in learning how to tackle this year’s CBS application essays? Watch the short video below before you continue reading the full analysis! Short Answer Question: What is your immediate post-MBA professional goal?  (Maximum 50 Characters) CBS applicants accustomed to Twitter’s 280-character allowance may find CBS’s 50-character limit here more than a little challengingâ€"especially considering that it includes spaces! To get a sense of how brief your opportunity really is, note that the school’s prompt is itself exactly 50 characters. With such limited space, this can hardly be considered a true essay, but you will need to approach it with the same level of thought and focus you give all your other written responses for CBS. During a QA mbaMission conducted with several top admissions officers, Assistant Dean of Admissions Amanda Carlson commented, That 50 characters really helps people to just break it down very simply for themselves and simply for us . . . . Pursuing business education, it’s a huge investment in time, in money, in effort, in energy, and I think this 50-character exercise is as much for the candidate as it is for our team, and we want to know that people are serious, they’re focused, and they’re ready for this kind of adventure. So, this prompt is a no-nonsense request for information that is all about getting to the point and telling the admissions committee what it needs to knowâ€"that you have a clear and achievable goal. In the past, the school has provided a few sample responses, including “Work in business development for a media company” and “Join a strategy consulting firm,” illustrating that conveying the requested information in such a tight space is definitely doable and that you do not need to worry too much about grammatical issues (in other words, you do not need to start your statement with “I want to” or something similar). We like to offer the statement “Reveal true goals, not what you think CBS wants” as both our own example of keeping things concise and our advice on how to approach and fulfill this request. Think about what you truly want to do with your career in the short term and state this aspiration directly. Keep in mind that the rest of your application will need to provide evidence that your stated goal aligns with your existing skills and profound interests, especially once they have been augmented by an MBA education. This will show that your professed goal is achievable and lend credibility to your statement. If you can do this in 50 characters (not words!), you will have done what you need to answer the school’s question quite well. Essay #1: Through your resume and recommendations, we have a clear sense of your professional path to date. What are your career goals over the next 3-5 years and what, in your imagination, would be your long-term dream job?  (500 words) CBS starts this essay question by more or less telling you not to recap your career to date, so we strongly recommend that you do so (and briefly, at that) only if context is absolutely needed for your stated goals to be understood and/or believableâ€"perhaps if you are making a fairly remarkable career change. Pay particular attention to the phrases “dream job” and “in your imagination” with respect to the long-term portion of the question. The school is prompting you to be creative and perhaps even to challenge or push yourself to think big. CBS wants individuals who do not just follow prescribed paths according to someone else’s blueprint but who are aspirational and more inclined to forge their own way. This is not to suggest that if you have a more traditional plan in mind that you are in trouble or at risk of losing the admissions committee’s attention, but you may need to take a little extra time to consider your ambitions from the perspective of “what if?” and delve more deeply into what you hope to achieve to find the more personal and inspiring elements of your goals. Showing creativity and individualism here can only be helpful. Although this is not a request for a textbook personal statement essay, your response will certainly involve some elements of the topics covered in such a submission, such as short- and long-term goals. The mbaMission Personal Statement Guide offers advice on brainstorming and crafting such essays along with multiple illustrative examples and so may be helpful in preparing your CBS response to this prompt. You can download your free copy here. CBS does not explicitly ask how it will factor into the achievement of your professional goals, but if you feel that particular resources the school offers could or will be uniquely influential and advantageous to you as you advance along your path, we believe you have sufficient room and leeway to mention these. However, generic claims or empty pandering have no place at all in this rather compact essay. Any CBS resources you reference must be specific to your needs, and the cause-and-effect relationship between these resources and your anticipated success must be very clear. For example, an applicant might discuss the appeal and instrumentality of CBS’s Value Investing Program and 5x5x5 Student Portfolio Fund in their aspirations to one day break into the asset management world or later launch a hedge fund. We do not recommend going so far as to dedicate an entire paragraph to discussing school resources, but you might consider thoughtfully embedding a relevant reference or two i nto your submission to acknowledge the program’s role in achieving your stated career intentions. Or should we say dreams? Essay #2:   Why do you feel Columbia Business School is a good fit for you?  (250 Words) Previously, CBS’s second essay concerned the school’s New York City location and the benefits that conferred, but the admissions committee has widened the scope of the prompt to encompass everything the program offers, both on campus and elsewhere. To effectively answer this question, you will need to conduct some significant research on CBS, from its resources and community to its extracurriculars and, yes, location. You must create and present a plan of action, showing direct connections between CBS’s offerings and your interests, personality, and needs. This is not the place to simply cheerlead for the school. Be authentic about what draws you to CBS in particular, and create a narrative explaining how you will grow through the opportunities available there and benefit from the overall experience. The “why our school?” topic is a common element of a typical personal statement, so we (again) encourage you to download a free copy of the mbaMission Personal Statement Guide, which helps applicants write this style of essay for any school. It explains ways of approaching this subject effectively and offers several sample essays as guides. Click here to access your complimentary copy. And for a thorough exploration of CBS’s academic program, unique offerings, social life, and other key characteristics, the mbaMission Insider’s Guide to Columbia Business School is also available for free. Essay #3: Who is a leader you admire, and why?  (250 Words) This essay prompt is the one that has changed the most since last year, and with it, the admissions committee has pivoted from what many would consider a “negative” topic (a team failure) to a much more positive one. We see multiple “asks” in this question, and addressing them all (within just 250 words!) will be key in crafting a strong essay response. First, by asking you to identify someone you admire and explain why you find this person’s character appealing, the school is essentially asking you to communicate your values. The natural assumption is that the person you admire possesses characteristics that you would want to (or do) emulate, which offers a valuable perspective on your personality and priorities. Second, note that the question asks about a leader you admire, not just a person. We imagine that this is in part to reveal your understandingâ€"or perhaps interpretationâ€"of what a leader is. Leaders are not exclusively people in senior positions or responsible for large groups. Leadership is also not indicated strictly by title. So do not feel that you must select a person who would universally and obviously be considered a “leader.” While we do not recommend that you choose someone simply because they are a “good” person you like, keep in mind that you can include individuals who “lead” others in smaller, less conspicuous ways, such as a mentor, teacher, or community organizer. The committee wants to know that you are experienced and knowledgeable enough to recognize leadership qualities when you encounter them and that you view these qualities as positiveâ€"worthy of recognition and adoption. As with all application essays, sincerity is key, so give this choice the appropriate level of consideration and select someone who truly does resonate with you. Be careful not to dedicate too much of your essay to discussing only the person you have chosen. You will of course need to convey enough about the individual to answer the basic question, but work to really infuse your essay with you. In other words, rather than going on at length (which this essay’s word limit does not allow, anyway) about your chosen leader in detail, use this information a backdrop of sorts and make sure that what stands out most starkly are the qualities that resonate with and inspire you and why these specific qualities matter so much to you. Optional Essay: Is there any further information that you wish to provide the Admissions Committee? If so, use this space to provide an explanation of any areas of concern in your academic record or your personal history. This does not need to be a formal essay. You may submit bullet points.  (Maximum 500 Words) This optional essay question starts out sounding like an open invitation to discuss almost anything you feel like sharing with the admissions committee, but the second line dials things in and puts the spotlight on addressing problem areas specifically. The additional directive about bullet points seems to be a not-too-veiled implication that the school wants you to focus on imparting key information rather than offering a detailed and long-winded explanation of the issue in question. Without a doubt, this is not an opportunity to share another cool story or otherwise try to impress or pander to the admissions committee. If you do not truly need to explain an issue or potentially confusing element of your candidacy (a poor grade or overall GPA, a low GMAT score, a gap in your work experience, etc.), we do not recommend that you submit an option essay; if you do have issues to clarify, keep things concise. In our mbaMission Optional Essays Guide, we offer detailed advice on when and h ow to take advantage of the optional essay, with multiple examples, to help you mitigate any problem areas in your profile. The Next Stepâ€"Mastering Your CBS Interview: Many MBA candidates find admissions interviews stressful and intimidating, but mastering this important element of the application process is definitely possibleâ€"the key is informed preparation. And, on your way to this high level of preparation, we offer our free Interview Primers to spur you along! Download your free copy of the Columbia Business School Interview Primer today. Share ThisTweet 2019-2020 Business School Columbia University (Columbia Business School) MBA Essay Analysis

The War Of The Vietnam War - 2305 Words

The Vietnam War was very costly to everyone involved. For the United States, The Tet Offensive was the most important turning point in the war. Without first understanding the history of the region and America s involvement in the Vietnam conflict, we will not be able to understand the significance of this event. For the Vietnamese, the Vietnam War was the ending of a century filled with gruesome, non-stop conflict. The country had struggled to find its own identity, being colonized by a much bigger country, France, from 1874-1954. The French used the country and its people for the benefit of their own economy. They felt like the only purpose of the Vietnamese people was to â€Å"grow rice and extract rubber†1. It wasn t easy keeping the†¦show more content†¦After all, who wouldn t want that over being bossed around by the French? The pieces were slowly falling into place, but the people were still missing a leader to lead them to their independence. Ho Chi Minh would eventually rise to be the first president of the Communist-ruled Democratic Republic of Vietnam. After being exiled from Vietnam for 30 years, he returned to his country to fulfill his purpose with the support of China and Russia behind him. In 1941 Minh founded the Viet Minh, a Communist party that would soon be a force to be reckoned with. Four years, later on August 25, 1945, Ho Chi Minh and the Viet Minh declared independence, resulting in the abdication of Emperor Bao Dai and an end to monarchy in Vietnam4. It wasn t long for before bloodshed and war returned to Vietnam. After the end of World War 2, the French sought to regain dominance over their old colony. The Viet Minh resisted heavily and the fighting continued from 1946-1954. Along the way, the North received a lot of help from its Communist friends. With Communism winning in China, the Chinese could now focus on sending troops and supplies to fuel the fight against France. Their other ally, Russia, â€Å"also sent aid and arms† to help the effort5. The French-Indochina War officially ended with the signing of the Geneva Agreements6. The agreements stated there would be a two-year protected period where there would be no foreign troops allowed in the

Sarbanes Oxley Act Of 2002 Essay - 1343 Words

Sarbanes-Oxley Act of 2002 The financial crisis of the early 2000s left many investors and stockholders nervous about the accuracy of financial statements issued by public companies. The financial crisis resulted after many previously successful companies suddenly tanked due to restatement of their financials. These companies include Enron, Tyco, Sunbeam, Rite-Aid, Xerox and WorldCom amongst others (Kieso, 2014, p. 17). How could many previously successful companies suddenly go belly-up? The evidence was to be seen, these companies had used malicious accounting techniques to hide massive amounts of debts and increase their assets without having to show them accurately in a fair and honest way on their financial statements. This paper will discuss the legislation that was enacted following these events. It is known as the Public Accounting Return and Investor Protection Act, better known as the Sarbanes-Oxley Act, and has been enacted since the year 2002 (Mishkin, 2012, p. 158). This Act is applicable to all public companies within the US as well as any international companies who have securities within the US registered with the SEC (The Vendor-Neutral Sarbanes-Oxley Site, 2012). In this paper, it will be discussed why Sarbanes-Oxley was enacted and the key specifications. Why Sarbanes-Oxley? The Sarbanes-Oxley Act, which will now be referred to as SOX, was enacted essentially to curb conflicts of interest, thus reducing the expectations gap. The expectations gapShow MoreRelatedSarbanes-Oxley Act of 2002985 Words   |  4 Pages Sarbanes-Oxley Act of 2002 Week # 2 Individual Assignment â€Æ' Sox Key Main Aspects for a Regulatory Environment Sarbanes-Oxley Act was passed in 2002 by former president George Bush. Essentially to combat the Enron crisis. The Sox Act basically has regulatory control and creates an enviroment that is looking out for the public. Ideally this regulatory environment protects the public from fraud within corporations. Understanding, that while having this regulatoryRead MoreThe Sarbanes Oxley Act Of 20021614 Words   |  7 PagesThe Sarbanes-Oxley Act of 2002 (SOX) was enacted to bring back public trust in markets. Building trust requires ethics within organizations. Through codes of ethics, organizations are put in line to conduct themselves in a manner that promotes public trust. Through defining a code of ethics, organizations can follow, market becomes fair for investors to have confidence in the integrity of the disclosures and financial reports given to them. The code of ethics include â€Å"the promotion of honest andRead MoreThe Sarbanes Oxley Act Of 2002 Essay1605 Words   |  7 Pages well-known acts have been signed into laws by the presidents at the time to protect investors and consumers alike. A brief overview of the Sarbanes-Oxley Act of 2002, a discussion of some of the provisions therein, opinions of others regarding the act and also my personal and professional opinion will be discussed below. The same will be examined about the Dodd-Frank Wall Street Reform and Consumer Protection Act. Senators Paul Sarbanes and Michael Oxley were the sponsors of the Sarbanes-Oxley Act of 2002Read MoreThe Sarbanes Oxley Act Of 20021563 Words   |  7 PagesThe Sarbanes-Oxley Act of 2002 (SOX) was enacted to bring back public trust in markets. Building trust requires ethics within organizations. Through codes of ethics, organizations conduct themselves in a manner that promotes public trust. Through defining a code of ethics, organizations can follow, the market becomes fair for investors to have confidence in the integrity of the disclosures and financial reports given to them. The code of ethics includes the promotion of honest and ethical conductRead MoreThe Sarbanes Oxley Act Of 20021015 Words   |  5 PagesThe Sarbanes-Oxley Act of 2002, also known as the SOX Act, is enacted on July 30, 2002 by Congress as a result of some major accounting frauds such as Enron and WorldCom. The main objective of this act is to recover the investors’ trust in the stock market, and to p revent and detect corporate accounting fraud. I will discuss the background of Sarbanes-Oxley Act, and why it became necessary in the first section of this paper. The second section will be the act’s regulations for the management, externalRead MoreThe Sarbanes Oxley Act Of 2002 Essay1070 Words   |  5 Pagesof Sarbanes-Oxley Act of 2002. This Act was placed into law to protect the consumer against fraudulent activity by organizations. This paper will provide a brief history of the law and discuss some of the ethical components and social implications on corporations. 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Congress ordered the Sarbanes-Oxley Act of 2002 (SOX Act) to shield customers from the fraudulent exercises of significant partnerships. This paper will give a brief history of the SOX Act, portray how it will shield general society from fraud inside of partne rships, and give a presumption to the viability of the capacity of the demonstration to shield purchasers from future frauds. History of the SOX Act Congress established the Sarbanes-Oxley ActRead MoreSarbanes Oxley Act of 20021322 Words   |  6 Pagesï » ¿Sarbanes-Oxley Act of 2002 Descriptions of the main aspects of the regulatory environment which will protect the public from fraud within corporations are going to be provided in this paper. A special attention to the Sarbanes – Oxley Act of 2002 (SOX) requirement; along with an evaluation of whether Sarbanes-Oxley Act will be effective in avoiding future frauds based on their implemented rules and regulations. The main aspects of the regulatory environment are based on the different laws and regulationsRead MoreThe Sarbanes Oxley Act Of 2002 Essay1302 Words   |  6 PagesThe Sarbanes-Oxley Act of 2002 was the result of a number of large financial scandals in the United States in the late 1990s and early 2000s. One of the most well-known corporate accounting scandals was the Enron scandal, which was exposed in 2001. Enron, an energy company that was considered one of the most financially sound corporations in the United States before the scandal, produced false earnings reports to shareholders and kept large debts off the accounting books (Peavler, 2016). Enron executives

The Recession of 1973-1975 - 1076 Words

The recession of 1973 through 1975, was due to the Organization of Petroleum Exporting Countries (OPEC) who rose gas prices and imposed an embargo against the United States. This quickly caused oil production to be cut dramatically, leaving no choice but to increase the price in oil. This recession, I am going to pin point the causes, fiscal and monetary policy the government uses to help the economy slowly come out from the recession. Also I am going to pin point the recession’s recovery and expansion. The causes of this recession was due to the unemployment being too high and how it had rose even higher through the years. The unemployment rate was at 4.9% by the fourth quarter and rose significantly at 8.3% by the fourth quarter of†¦show more content†¦During these years, Ford was the current President who cut taxes, hoping to increase consumption goods. In 1974, the federal budget was close to being balanced with a deficit of less than 1% of GDP. In the fiscal year , the GDP rose to 3.4% and 4.3% the following year. This temporary deficit of the tax cut in 1975, helped raise the federal deficit, increasing the aggregate demand. They did not worry seeing the unemployment rate increasing rapidly in the 1974 because the enactment of new legislation ensured that a higher percentage of the unemployed end up receiving compensation in 1975. The first steps in taking action to the 1974-1975 recession was changes in taxes and spending. â€Å"These changes heavily weighted toward a higher disposable income and consumption of moderate and low income persons.† (The Economic Policy Institute) The results weren’t so great, the consumption percentage of GDP rose in 1974 to 1975 and the investment percentage of GDP was lower in 1975 than in the 1974. Giving that the Ford tax increase of 1974 was not the best policy at that time. Really, the opposite contra cyclical policy was needed because it increases aggregate demand in recessions and decreas es aggregate demand in overheated expansions. They also used monetary policy to support President Ford’s stimulus package strategy, efforts to stimulate the economy. Nominal interest rates fell at a good rate in 1974, causing the recovery to be well under way by when it began to rise again inShow MoreRelatedEmerging From The Global Recession Of 1973-19752054 Words   |  9 PagesEmerging from the global recession of 1973-1975, the resulting surge of neoliberalism transformed the global economy into a secularized faith that draws on anxiety and responsibility for sustenance. Debt answers to anxiety and allows for a greater participation in the economy, subsequently, debtors become shackled to their indebtedness, which evolves into a continuous moral burden. The relationship between credit and debt has developed into a necessary technique of govern ­ment under neoliberal regimesRead MoreBackground Going Into The 1970 S1169 Words   |  5 Pagesdecisions that led to the ma ss inflation crisis of the 1970’s. Stagflation got its name during the 1973 - 1975 recession. There were six quarters of shrinking Gross Domestic Product (GDP), while inflation tripled in 1973, rising from 3.4% to 9.6%. It remained between 10-12% from February 1974 through April 1975. (Source: BEA, 1970-1979 GDP; BLS, Chart of 1970-1979 Inflation) Nixon It began with a mild recession in 1970 where unemployment was at 6.1%, a result of the economy contracting for three quartersRead MoreWhat Is Mexico 1995753 Words   |  4 Pagesstate owned industrial plants, private manufacturing, and services. The macroeconomics policies of the 1970’s left Mexico’s economy very vulnerable to external conditions. 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Creative Writing The Meadow Essay Example For Students

Creative Writing: The Meadow Essay Creative Writing: The MeadowOn a crisp autumn afternoon, I sat idly under an enormous oak treewatching as a whirlwind whisked across the rolling hills of the meadow. As itpassed by me, the whirlwind scooped up a dormant pile of leaves lying next tothe oak tree. The leaves appeared to come alive twisting, turning, and dancingabout the meadow. They were sporting their new fall colors of red, orange,brown, and yellow. The brittle autumn leaves seemed to be having a party. Asthe party moved out of sight, I began to think about the last time I visited themeadow. The memories of my last visit are vivid with relaxed and peacefulthoughts motivated by the images, scents, and sounds of the meadow. The beauty of the meadow in the summer is unequaled. My memoriescontained many images of this special place. Snow covered mountains extend highabove the heavens; thus, setting the backdrop to the meadow. Wildflowersspeckled the base of the mountain becoming more abundant near the babblingbrook. The brook ran through the middle of the meadow turning, and twistingaround the enormous oak tree. The lush green grass grew around the tree likehair on a dogs back. Birds flew through the radiant blue sky diving forinsects. My thoughts reflect relaxation as my mind focuses on the pleasingimagery. The sounds of the meadow complement the beautiful imagery, and create asense of inner peace and harmony. The soothing sounds drifted across the meadowlike an orchestra playing at Carnegie Hall. The buzzing of the bees feeding onpollen made up the chorus. A woodpecker kept a steady beat as he drilled a holein the oak tree. Birds whistling, and peeping formed the brass section liketrumpets playing an excerpt from the 1812 Overture. All these sounds, and manymore blended together to create a relaxing melody soothing to the ear. The scents that fill a place are often strong components of memories. The scent of the meadow established lasting images in my mind. A breeze thatwafted across the meadow was full of many different scents. The yellowwildflowers smelled like a rich box of dark chocolate fudge: that was presentedas a gift on Christmas Day. The green grass was an odoriferous carpet smellingmostly of mildew. Perhaps, the most pleasant scent associated with the meadowwas that of an approaching storm. I often found solace in the rhythmic noise ofthe raindrops, and the wonderful smell of life giving rain. It was as if thesmells of the meadow were tangible objects seen, felt, and touched. A chill came over me as crisp breeze whisked over the meadow. The sunhad passed behind the snow covered mountains. Small white flakes had startedto come down as I sat under the leafless oak tree. I got up to look around themeadow; now completely covered with a white blanket. It seems that I missedremarkable visit while reminiscing about the past. The imagery, sounds, andscents of the meadow were powerful constituents of my relaxing and therapeuticmemories.