Multinational Corporations in China

4 Publications of the Harlem Renaissance

4 Publications of the Harlem Renaissance The Harlem Renaissance, also known as the New Negro Movement, was actually a cultural phenomenon that began in 1917 with the publication of Jean Toomers Cane. The artistic movement ended in  1937 with the publication of Zora Neale Hurstons novel, Their Eyes Were Watching God. For twenty years, Harlem Renaissance writers and artists explored themes such as assimilation, alienation, racism, and pride through the creation of novels, essays, plays, poetry, sculpture, paintings, and photography. These writers and artists would not have been able to launch their careers without having their work seen by the masses. Four notable publications- The Crisis, Opportunity, The Messenger and Marcus Garveys Negro World printed the work of many African-American artists and writers-helping the Harlem Renaissance become the artistic movement that made it possible for African-Americans to develop an authentic voice in American society. The Crisis Established in 1910 as the official magazine of the National Association for the Advancement of Colored People (NAACP), The Crisis was the preeminent social and political magazine for African-Americans. With W. E. B. Du Bois as its editor, the publication stuck by its subtitle: A Record of the Darker Races by devoting its pages to events such as the Great Migration. By 1919, the magazine had an estimated monthly circulation of 100,000. That same year, Du Bois hired Jessie Redmon Fauset as literary editor of the publication. For the next eight years, Fauset devoted her efforts to promoting the work of African-American writers such as Countee Cullen, Langston Hughes, and Nella Larsen. Opportunity: A Journal of Negro Life As the official magazine of the National Urban League (NUL), the mission of the publication was to lay bare Negro life as it is. Launched in 1923, editor Charles Spurgeon Johnson began the publication by publishing research findings and essays. By 1925, Johnson was publishing literary works of young artists such as Zora Neale Hurston. That same year, Johnson organized a literary contestthe winners were Hurston, Hughes, and Cullen. In 1927, Johnson anthologized the best pieces of writing published in the magazine. The collection was entitled Ebony and Topaz: A Collectanea and featured the work of members of the Harlem Renaissance. The Messenger The politically radical publication was established by A. Philip Randolph and Chandler Owen in 1917. Originally, Owen and Randolph were hired to edit a publication entitled Hotel Messenger by African-American hotel workers. However, when the two editors wrote a blaring article that exposed union officials of corruption, the paper ceased printing. Owen and Randolph quickly rebounded and established the journal The Messenger. Its agenda was socialist and its pages included a combination of news events, political commentary, book reviews, profiles of important figures and other items of interest. In response to the Red Summer of 1919, Owen and Randolph reprinted the poem If We Must Die written by Claude McKay. Other writers such as Roy Wilkins, E. Franklin Frazier, and George Schuyler also published work in this publication. The monthly publication stopped printing in 1928.   The Negro World Published by the United Negro Improvement Association (UNIA), The Negro World had a circulation of more than 200,000 readers. The weekly newspaper was published in English, Spanish, and French. The newspaper was dispersed throughout the United States, Africa, and the Caribbean. Its publisher and editor, Marcus Garvey, used the pages of the newspaper to preserve the term Negro for the race as against the desperate desire of other newspapermen to substitute the term colored for the race. Every week, Garvey provided readers with a front-page editorial concerning the plight of people in the African Diaspora. Garveys wife, Amy, served as an editor as well and managed the Our Women and What They Think page in the weekly news publication. In addition, The Negro World included poetry and essays that would interest people of African descent throughout the world. Following Garveys deportation in 1933, The Negro World  stopped printing.

Business Dissertation about Currency Wars Example | Topics and Well Written Essays - 16500 words

Business about Currency Wars - Dissertation Example The report gives a literature review on the topic and also explains the rationale of the study. It discusses the studies and opinions of many analysts, who have clearly mentioned in their views the connection currency wars, and trade, exports, imports and grey imports. The research is believed to provide crucial knowledge on the impacts of currency wars as a strategy to boost exports and contract imports. Interpretive research methodology has been used in the data collection and analysis. The research approach has been qualitative as well as quantitative and case study method has been applied. A case study of the Euro, USD, AUD and Yen has been used for the research purpose, which has helped to answer the research questions. The case studies have comprised of theoretical and analytical frameworks. During the entire research program, all the ethical issues have been taken care of, and the purpose and procedures of the study have been clearly declared. The dissertation explains all the procedures applied for data collection, the results that have been obtained, and a clear analysis based on the examinations has been provided. Based on the analysis, a view has been provided on the importance of currency wars, in the light of international trade.... I am also much obliged to my supervisors who guided me with their timely advice, feedbacks and suggestions which aided me in attaining the expected standard of work and keeping me punctual as per the scheduled deliveries of dissertation chapters. Table of Contents Serial no. Topic Page no. I Introduction, Aims & objectives and Research Questions 8 I.1 Introduction 8 I.2 Aims 10 I.3 Objectives 11 I.4 Research Questions 11 II Literature Review 13 III Research Methodology 29 IV Findings and Analysis 36 V Discussions 55 VI Conclusion 58 VII Recommendations for future Research 61 References 66 List of figures Figure no. Topic Page no. 1 Devaluation improves Balance of trade 15 2 Nominal Exchange Rate between Euro and USD 40 3 Standard Deviation in USD relative to Euro 42 4 Nominal Exchange Rate between USD and Yen 47 5 Standard Deviation in Yen relative to USD 48 6 Nominal Exchange Rate between Euro and AUD 53 7 Standard Deviation in Euro relative to AUD 54 List of Appendices Serial no. T opic Page no. Appendix A Nominal Exchange Rate between Euro and USD 64 Appendix B Standard Deviation in USD relative to Euro 64 Appendix C Nominal Exchange Rate between USD and Yen 64 Appendix D Standard Deviation in Yen relative to USD 65 Appendix E Nominal Exchange Rate between Euro and AUD 65 Appendix F Standard Deviation in Euro relative to AUD 65 II) Introduction, Aims and Objectives and Research Questions: I.1) Introduction: The term ‘Currency War’ was coined by Guido Mantega, the Finance Minister of Brazil, in 2010. (Draghi, 1) Currency War is a â€Å"battle over the value of each nation’s currency and the impact it has on their trade relationships† (Willis, 51) It is a competitive devaluation strategy of the government for the generation of

Apple E-book Antitrust Lawsuit Essay Example | Topics and Well Written Essays - 1500 words

Apple E-book Antitrust Lawsuit - Essay Example They forced the Amazon to increase the e-books prices on the rival kindle. The five publishers were HarperCollins, Simon & Schuster, Penguin, Hachette, and Macmillan. HarperCollins, Hachette, and Simon & Schuster (owned by CBS) have cleared with the department of justice. Macmillan and Apple have declined to negotiate (Banks 127). They have said that they never colluded in the increase of the e-books prices. The publishers had already complained that the $9.99 price for e-books set by the Amazon was greatly discounted. This was before the introduction of the iPad and the iBookstore. After the iPads were unveiled into the market, Apple prices were set at $12.99 together with a Californian-based company (Cupertino).This allowed publishers to set the ‘agency model’, which was the individual prices for companies. Amazon took an immediate action to allow publishers to set their own prices too. This rose up the digital edition prices (Banks 129). The major allegations toward A pple Company are that it facilitated the collective efforts of the publishers to terminate retail price competition because it encouraged the agency model among the retailers. According to the CNN money report, the conspiracy was first alleged in a class action lawsuit in California District Court by kindle consumers during last summer. They argued that booksellers were terrified by the discounted price of the e-book structure launched by Amazon in 2007 (Ceruzzi 415). The department of justice could lose the e-book antitrust suit while targeting the Apple Company. The alleged suit stretches the antitrust law and could probably end in defeat. In 1982, embarrassed department of justice confessed its antitrust lawsuit against IBM.It abandoned the case because the case was â€Å"without merit† (Ceruzzi 437). In 2001, Microsoft Company had been divided into two different companies by a federal appeal court because of the department ambition to formulate the antitrust law. Accordin g to Geoffrey Manne, a lecturer at the Lewis and Clark School in Oregon, the case is harder against Apple than the publishers. As stated in the (justice department complaint 36), Apple was not present at the breakfast meeting at the London hotel and dinners at the Manhattan’s posh Picholine restaurant. He also said that it is not good for competing firms to meet without the presence of lawyers (Ellig 270). Other than Apple, the justice department has a better case against publishers. Dominick Armentamo; a professor in economics at Hartford University argued that the chief executive officers of the publisher who met at the hotel rooms to discuss the price changes can also settle the prices. According to Richard Epstein, a legal scholar and a law professor at the University of NewYork, there are difficulties in the department of justice case against the publishers because it will take time to hear the whole case. He says that the charge is a mistake. The attorney general (Eric Holder) accused the defendants to the case of creating a â€Å"conspiracy.† The version of events used by Holder did not blame the publishers on the agreement toward specified prices. If in any case they agreed on something, it was on the agency model. It meant that Apple’s iBookstore was better as compared to the Amazon.com wholesale model (Page and Lopata 340). Apple and other publishers had benefited from the serial precedents of the supreme court of the United States as from 1970s.This is the issue that the department of

Christian Counseling Ethics Code Analysis Paper Essay

Christian Counseling Ethics Code Analysis Paper - Essay Example Competences, confidentiality and informed consent are the three sections of the codes that are examined for differences and similarities. This code has nine points under the heading competence which include honoring the call to competent Christian counseling, duties to consult and refer, consultation practice, referral practice, seeking Christian help, avoiding counsel against professional treatment, duties to study and maintain expertise, maintaining integrity to work, reports and relations, and protective action when personal problems interfere. The AACC Code of Ethics stresses that Christian counselors make only realistic statements about their identity, education, experience and the counseling goals (AACC 2004, ES1-200). Moreover, the professional counseling (such as medical or psychiatric treatment) is not avoided or advised against even if the providers may not be a Christian. ACA Code of Ethics has eight key points which include: boundaries of competence, new specialty areas of practice, qualified for employment, monitor effectiveness, consultation on ethical obligations, continuing education, impairment, and counselor incapacitation or termination of practice. The emphasis is made on the high competence of counselors who gain knowledge and skills pertinent to working with the diverse client population (ACA 2005, Section C). Counselors are able to practice in specialty areas which is new to them only after the appropriate education is gained and the experience monitored. Consulting with other specialists is highly encouraged however within the ethical boundaries. Differences and Similarities Despite the fact that both Codes are talking about competence issues, it appears that the issue is being discussed from completely different standpoints. AACC Code of Ethics is based on the statement that all of the information about the counselors' competence corresponds to the real facts, while ACA Code of Ethics is based on the statement that every counselor occupies the position he is eligible for, in other words according to the education and experience. One of the similarities is that both codes talk about the boundaries of competence and assistance from other specialists - such counseling is encouraged and supported by both codes for the higher benefit of the client. One of the differences is that AACC Code of Ethics makes a point that the professional help of non-Christian professionals is not avoided and advised whenever the client seems to need it. ACA Code of Ethics does not have such a point under "Competence" section. The reason for this difference is obvious: AACC supp orts the counseling based on the Christian moral values and similar institutions often avoid advising outside help from non-Christian institutions. There is no need to make any statement about this in ACA Code of Ethics because it is not based on Christian principles. In addition, both Codes are talking about the monitoring of effectiveness and cases of counselor's impairment. These points need to be addressed in both codes because these processes are impacting the quality of service provided to the clients. Informed Consent AACC Code of Ethics "Christian counselors secure client

The Community Based Education Nursing Essay

The Community Based Education Nursing Essay Health literacy is an on-going problem in the United States. For more than twenty years health literacy has been a barrier to self-management of health care needs, compliance, and understanding. Nurses must be more effective in utilizing teachable moments, with each patient encounter. Traditional patient teaching strategies may no longer be adequate in providing the needed education and support to patients, families and caregivers. Nurses will need to employ multiple strategies of patient teaching and avail themselves in various settings, to meet the ever-changing needs of our patients. Implementing new strategies, for patient specific teaching, will certainly meet resistance, as it will require a commitment from all stakeholders. Nurses provide a valuable service through patient education. The change proposed, within this paper, is specific to the education of patients, in the community, for their on-going health care management. Health literacy is the degree to which individuals have the capacity to obtain, process, and understand basic health information and services needed to make appropriate health decisions (National Network of Libraries in Medicine, 2012, Â ¶ 1). The National Safety Foundations, Ask Me 3 Health Literacy report states, the health of 90 million people in the U.S. may be at risk because of the difficulty some patients experience in understanding and acting upon health information (Kirsh, et al, 2011, Â ¶ 1). Literacy is one of the strongest predictors of health status. In fact, all of the studies that investigated the issue report that literacy is a stronger predictor of an individuals health status than income, employment status, education level, and racial or ethnic group (Weis, 2009, p. 13). Proposed Change The call to educate patients is certainly not new to health care; in fact, the Joint Commission on the Accreditation of Healthcare Organizations (JCAHO) has mandated that client and family education be a part of comprehensive care since 1993. (Freda, 2004, Â ¶1). However, patients continue to lack basic health care knowledge competence, strategies for effective implementation of the information, and confidence in self-management. Patient education can help promote well-being through compliance and prompt detection of significant manifestations. Through establishment of community-based educational opportunities and resources, patients, families and caregivers can access, gain knowledge, and build confidence in managing their health care needs. Stakeholders Patients, families, and caregivers will be able to increase their understanding and working knowledge of health care issues as they navigate through times of wellness and illness. Physicians and Nurse Practitioners will be able to refer patients to the Community-Based Education Project for patient specific plans for educational programs and one-on-one time with a health care educator. The community, at large, will be able to utilize the Community-Based Education Project to strengthen their knowledge and understanding and will find the project to be a useful resource in their lives. Financial supporters would be able to demonstrate their commitment to the community and health and wellness. A project director, designated to oversee the legal and financial aspects of the project, is to be appointed. Health care educators, and support staff, would establish, maintain, and update resources, programs, and access to health information. Strategies for Change The Community-Based Education Project, depending on the community needs, size, and funding, would be the hub for a variety of educational materials, resources, and educators. The community would access the project, much like a library. Within the facility, computers, books, brochures, and teaching tools are available. A schedule of on-site or telehealth teaching classes will be provide teaching of current health care issues affecting the community. Nurses will be onsite for scheduled appointments for patient-specific teaching. These appointments provide physician-designated teaching strategies, such as anticoagulant or diabetic monitoring and management strategies. I addition, nurses will provide encouragement and support to the community members. Computer animated software programs, internet access to health-related websites and resources, and up-to-date medication information demonstrates the type of education promoted at the site. Barriers Obstacles With any change, there is resistance. Marquis Huston writes, many forces are driving change in contemporary healthcare, including rising health-care costs, declining reimbursement, workforce shortages, increasing technology, the dynamic nature of knowledge, and a growing elderly population (2012, p. 163). Financial aspects seem to be the most dramatic barrier or obstacle to implementing the Community-Based Education Project. There are federal, state, and local programs that may be accessible for assisting to fund and maintain the project. Insurance companies often require that patient care and health promotion teaching, as a component to outpatient nursing services, like home health, thus may be willing to provide support. Housing of the Community-Based Education Project could prompt an obstacle to implementation, however each community could determine the best location for their unique needs- some may choose to have the project within the community health department, or as a sub-se rvice of the library, health care institution or facility, even a local church may be willing to house the project. Strategic planning meetings will be conducted, to promote open communication of needs, expectations and to promote awareness. Whenever possible, all those who may be affected by change should be involved in planning for that change (Marquis Huston, p. 171). Anticipating the potential for abuse of online services, the project would consider limiting access to networking sites or email accounts, and other sites that are not in keeping with the purpose of the project. Nurses Role Education has been a component of nursing all throughout history. Nurses would serve an integral role of marketing the project and services to physician, hospitals, health promoters, and the community. Nurses would survey the stakeholders of each community to find the most common health care needs and tailor the schedule of events according to those needs. Scheduled appointments would help determine the nursing work force needed to meet the requests for one-on-one education, as well as group opportunities. The nurses would be responsible to report the community involvement, needs, and usefulness of the project to the Project Director (based on the original structure and financial support). Conclusion A community-based education project would provide on-going teaching to not only patients, families, and caregivers, but it would provide health information and promote wellness within the community that it serves. The change would require the health care community to join forces and support the neighborhoods to which they serve. Making resources available through a variety of media meets various literacy levels, ages, and educational needs may reduce hospitalization, re-hospitalization, and unnecessary emergency department visits. Patients who have a clear understanding of their after-hospital care instructions, including how to take their medicines and when to make follow-up appointments, are 30 percent less likely to be readmitted or visit the emergency department than patients who lack this information, according to a study funded by the Agency for Healthcare Research and Quality (AHRQ) and published in the February 3, 2009, issue of the Annals of Internal Medicine. (Krames, n.d., p. 2) Nurses can efficiently and effectively evaluate, monitor, and provide on-going and pertinent health education to patients. Learning is more readily facilitated, and accepted, in non-threatening environments as well as when they are experiencing less stress. Allowing patients to remain in their community, work with their own schedule, and develop a nurturing and therapeutic relationship with the project nurses will enhance wellness.

The Evolution of Minorities in Film Essay -- Movie Film Essays

The Evolution of Minorities in Film Back in the 1800’s, when calculating the population, African Americans were counted as 3/5 of a person (Antonia, p2). One would think that in the past two hundred years people’s beliefs would have changed a little bit, but the general white public are stuck into believing the common stereotypes commonly portrayed in movies. In films and television shows blacks are almost always portrayed as murderers, robbers, rapists, pretty much anything negative, like American History X, for example. Two black men are shown breaking into a white man’s car. People see this, and in turn believe that all black men will try and steal their car; as stupid as it may seem, it is true, and as a result, film producers try to incorporate this into their films. Very rarely, if ever, is it possible to see a minority depicted as a hero-type figure. Every once in a while, there will be an independent film from a minority director, but as Schultz states in Lyon’s piece, â€Å" We [blacks] are still being ghettoized in Hollywood, a serious black project of any scope is as difficult to get marketed today as it was in the ‘70s.† By making a barrier to entry for minorities in the film industry, it’s almost as if America is trying to keep black films out of the popular media. At first glimpse, it may appear that minorities are very hard to be seen in the filming industry, when in reality, they are becoming more and more apparent in America’s mainstream media culture, particularly in action movies. MacDonald stated in Allan Smith’s essay, â€Å"American mass culture continued to operate as an assimilative force, seeking to maintain social stability while gradually merging people of different backgrounds into the cult... ...ral trend of how minorities are making a bigger and bigger impact on American mainstream culture. All America can do is smile and be content at the fact that minorities are finally getting the respect they deserve.    Works Cited    Antonia, Kathleen. â€Å"A Lesson Before Living† Humanist, March/April 2001, Volume 61 Issue 2, p.43.    Beck, Bernard. â€Å"What Price Glory?† Multicultural Perspectives, 1999, Volume 1 Issue 1, p.26.    Brinkley, Douglas. â€Å"Edward Norton’s Primal Fear† George, October 1998, Volume 3 Issue 10, p.110.    Lyons, N.L. â€Å"From Race Movies to Blaxploitation to Homeboy Movies† American Visions, February 1992, Volume 7 Issue 1, p. 42.    Smith, Allan. â€Å"Seeing Things: Race, Image, and National Identity in Canadian and American Movies and Television† Canadian Review of American Studies, Autumn 1996, Volume 26 Issue 3, p. 367.

Martha Stewart: Organization Ethics of Insider Trading

On December 27, 2001, Martha Stewart made a decision that changed her life, and the decision jeopardized the livelihood of her stakeholders. Ms. Stewart received a call from her stockbroker’s assistant letting her know that Dr. Samuel Waksal was trying to sell his holdings in ImClone. Dr. Waksal was the chief executive officer and founder of ImClone, and he had just received notice from the Food and Drug Administration that the drug Erbitux did not receive approval to be used as a cancer drug. Stock in ImClone was at a high due to expectations of Erbitux getting approval, and once the news of it not getting it reached the public, Dr.  Waksal knew that the price of its stock was going to decline. (Carroll & Buchholtz, 2009, p. 814) This is an example of insider trading. â€Å"Anytime a company executive or employee buys or sells stock in the company that person works for, an inside trade has occurred. † (Newkirk, 1998) In this essay I will explore who the ‘insiders’ were that knew that the stock was in danger, and the people who did not know. I will examine how Martha Stewart’s decision affected her company, Martha Stewart Living Omnimedia, and what she could have done differently. The concept of insider trading is when a person has knowledge, positive or negative, that can impact a company’s stock price and a trade is made based on that knowledge. Insider trading is illegal. Martha Stewart â€Å"acted on inside information when she sold 3,928 shares in biotechnology company ImClone Systems†. (White, 2006) The Securities and Exchange Commission (SEC), the federal agency that has the responsibility of regulating stock trading in the United States, alleged in its case against Ms. Stewart that she received an illegal tip from her broker Peter Bacanovic. The tip was that Dr.  Waksal and his family members were selling their shares of ImClone stock. Bacanovic was the broker for Dr. Waksal and for Ms. Stewart. (White, 2006) When insider trading takes place, there is a select group of privileged people who have information about the stock’s possible rise or fall. In the case of ImClone, Dr. Waksal let certain individuals, his father, his daughter and his broker’s assistant, know that a change was about to take place with ImCone stock by attempting to sell his shares. These are the people that the investigation revealed did ImClone stock trading on the day before the news become public. Martha Stewart found out about the news when Bacanovic’s assistant, Douglas Faneuil, notified her that Dr. Waksal was selling his holdings. (Hurtado, 2004) Each person who sold their holding in ImClone on December 27, 2001 with knowledge of the possible decline participated in insider trading. The other individuals that owned holdings in ImClone were not privileged to that information, they did not have an inside advantage. The two parties who knew ImClone’s stock was going down and the people who did not know have several things in common. They all felt that ImClone’s stock was a good investment and they were all about to loose money once the FDA’s decision was made public. The difference between the two parties is one had a closer connection to the executives of ImClone and the other did not. High level employees of an organization are privileged to insider information. The spouses, friends, bankers and lawyers are connected to individuals who have â€Å"awareness of material information that’s not publicly available† to everyone. (Clark, 2009) Martha Stewart and Dr. Waksal were close friends at the time of the ImClone scandal. This allowed her to have an inside advantage. When Dr. Waksal received the news that the FDA was not going to accept Erbitux’s application for approval, he had an ethical dilemma. He knew that he could not control what was about to happen to ImClone, but he wanted to â€Å"minimize his losses, and maybe the losses of some family members and close friends†. (Carroll & Buchholtz, 2009, p. 814) Dr Waksal; his father, Jack; his daughter Aliza; and a number of close friends had significant investments in ImClone†¦Of course, elling his stock and advising his father, daughter, and friends to sell their stock would reduce their loses†¦ Dr. Waksal was faced with a tough decision. On one hand, he could refrain from engaging in questionable trading practice and thereby incur a significant amount of losses in his investment. On the other hand, he could choose to sell his stock based on the information he received, reducing his investment losses, but violating the law and ethics of fair trade. (Carroll & Buchhlotz, 2009, p. 814) Dr. Waksal influenced each person he told about the FDA’s decision and each person who knew he was trying to sell his holdings. When the head of an organization decides to sell his/her holdings in the organization, knowledge of this greatly influences others to do the same. Once Martha Stewart became aware of the possible decline in ImClone stock, she had a decision to make too. Her decision was whether to do nothing or to sell her stock. The decision she made affected more people than just herself. It affected every stakeholder she was associated with at that time. This included her employees at Martha Stewart Living Omnimedia (MSO), customers and competitors of MSO products, the Kmart Corporation, CBS’s â€Å"The Early Show† where Ms.  Stewart was a style contributor, and other business leaders and the public. Employees of MSO were left wondering if their jobs were in jeopardy, customers and competitors of MSO did not know the fate of the company, Kmart’s revenues suffered, Ms. Stewart was no longer needed at CBS, and the public was left with mixed views. The ethical thing that Ms. Stewart should have done that would have spared her company’s reputation and prevented the public scrutiny that each company and person close to her had to endure would have been to not act on the tip she received about ImClone’s stock. The company’s reputation would have been saved and Ms. Stewart would have saved money. She avoided a loss of $47,673 by selling her stock in ImClone before the news of the FDA’s decision was made public. (White, 2006). â€Å"The cost to her of selling that stock, factoring in penalties, restitution, and legal cost has been estimated to be about $300 to $400 million. Furthermore, had she held on to her shares of ImClone rather than selling them, she would have made a nice profit†. (Carroll & Buchholtz, 2009, p. 17) In February 2004, after a new clinical trial and refilling by ImClone’s partner, the FDA approved the use of Erbitux for colon cancer and the price of its stock soared again. (Carroll & Buchholtz, 2009, p. 816) Dr. Waksal’s punishment for his actions was the maximum sentence of seven years in prison and he was asked to leave his position at Stanford University, the National Cancer Institute of the National Institutes of Health, Tufts University School of Medicine and Mount Sinai School of Medicine. He also lost his position of CEO with ImClone and he had to pay a fine to the SEC. His plea agreement with the government and his admittance that â€Å"he tipped undisclosed individuals to dump their stock before the FDA decision was made public† spared his father and daughter from facing charges. (Carroll & Buchholtz, 2009, p. 815-816) Dr. Waksal’s and Martha Stewart’s stockbroker, Peter Bacanovic, was sentenced to five months in prison, five months of house arrest, and fined $4,000. Bacanovic’s assistant, Douglas Faneuil was fined $2,000. (Hurtado, 2004) The original investigation of Martha Stewart was for insider trading, but she was not indicted for insider trading. A spokesperson for Ms. Stewart denied the allegations and insisted that Ms. Stewart had a prearranged agreement with her broker, Mr. Bacanovic, to sell ImClone stock if it fell below $60†¦Her assistant broker, Mr. Douglas Faneuil, however, claimed that such an agreement never existed and that Ms. Stewart sold her four thousand shares of ImClone after she learned that Dr. Waksal and other family members had dumped their stock. (Carroll & Buchholtz, 2009, p. 815) Ms. Stewart was indicted on nine federal counts. The nine-count indictment alleged that Stewart altered evidence that she traded on inside information about the biotech company ImCone Systems, conspired with her stockbroker to lie to federal officials investigating the trade, and defrauded shareholders in her company, Martha Stewart Living Omnimedia, by misleading them about why she had sold the stock†. (Carroll & Buchholtz, 2009, p. 815) Martha Stewart was found â€Å"guilty on four counts: obstruction of justice, conspiracy, and two counts of making false statements†. (Carroll & Buchholtz, 2009, p. 816) Ms.  Stewart’s punishment for her crime was five months in prison, five months in home confinement, and two years of probation. The fines she had to pay included $30,000, and $195,00 that included the $47,673 she saved by selling her shares in ImClone plus $137,019 in penalties that represent three times the loss avoided amount. (White, 2006) â€Å"In addition to the fine, Ms Stewart agreed to a five-year ban on serving as a director of a public company and to limitations during those five years on the extent of her service as an officer or employee of a public company†. (White, 2006) Ms. Stewart resigned as CEO and chairman of Martha Stewart Living Omnimedia on the same day she was indicted, but remained on the company's board. She also â€Å"resigned her position as board member for Revlon and the New York Stock Exchange. † (Carroll & Buchholtz, 2009. p. 816) Some think Ms. Stewart was justly tried and convicted, while others think she was a scapegoat for larger corporate scandals. My opinion is that the punishment given to Ms. Stewart was fair. The maximum amount of time the crime she was convicted for can be unto 20 years in prison. (Hoffman, 2007) Regardless of whom you are, consequences should follow when the law is broken. Martha Stewart broke the law in a minimal way, so her punishment fits the crime. When shareholders invest in a corporation, they do so to make a profit. The money they invest is used in several ways by the corporation. It is used for product research and development, improvements, overseas expansion, and to keep the company afloat in tough times. If the company is not successful, the investors loose money. If the company is a success, the investors are rewarded with higher values of their stock shares in the company. (Clark, 2006) Martha Stewart’s action brought an initial loss for her investors. Advertising sales plunged at MSO’s magazine when the incident began. â€Å"MSO stock plummeted by 60 percent after the charges were made public†. (Carroll & Buchholtz, 2009, p. 815) However, â€Å"when Ms. Stewart received the minimum sentence, the stock price of her company rose by 37 percent†. (Carroll & Buchholtz, 2009, p. 816) Before the ImClone scandal in 2001, Martha Stewart’s products were sold in Kmart and she was the CEO of MSO. During the ordeal, her magazine Martha Stewart Living loss advertising sponsors and pictures of Ms. Stewart were removed from the magazine. Less than three years after she got out of prison, the magazine showed an increase in advertising pages, pictures of Ms. Stewart are back in the magazine, she has a channel on Sirius satellite radio, she has a new magazine called Blueprint for younger people, and she has a line of homes with KB Homes. â€Å"In 2006, she published Martha Stewart’s Home-keeping Handbook, a 744-page guide to all things domestic†. (Carroll & Buchholtz, 2009, p. 817) As of today, MSO is a thriving organization. Martha Stewart has a line of products at The Home Depot, PetSmart and Macy’s, along with The Martha Stewart Show on the Hallmark Channel. The company reported $49. 7 million for its third quarter earnings in 2010. (â€Å"Martha Stewart,† 2010) Prior to the ImClone scandal, Martha Stewart owned a magazine, her products were in Kmart and she worked for â€Å"The Early Show†; after coming out of prison, she still owns the magazine, her products are with more prominent companies, she has her own show on television and her organization is still making profits. The relationship she had with her stockholders may have suffered during the scandal, but today the relationship is mended. Ethical and public issues must be considered in a stockholder relationship. Decisions made by executives can have enormous effects on a company which can then cause negative and/or positive changes in a stockholder’s shares depending on how the public receives a brand or corporation once it has gone through a scandal. Loyalty to the Martha Stewart brand has helped the company to endure through the storm of the scandal. (Carroll & Buchholtz, 2009, p. 816) Shareholders should be considered when decisions are made that are unethical or that could be harmful to the company’s public image.

Romanticism and the Scarlet Letter essays

Romanticism and the Scarlet Letter essays Romanticism is categorized as a preference for simplicity and naturalness, a love of plain feelings and truth to common place reality, especially as found in natural scenes. Nathaniel Hawthorne was an anti-transcendentalist and believed in the dark side of man, hence his dark romantic novel The Scarlet Letter. This allegorical novel depends heavily on symbol and character. The novel is chock full of symbolic dimension of images, characters, and descriptions. The Scarlet Letter defines the American Romanticist movement while using symbolic characters and places that give the book seemingly two different stories. The first story denotes the story going on in the book, including the characters. The other story has symbols that speak on morals, religious doctrine, and public mindset. Furthermore the novel can be defined as a romantic novel by analyzing the characters Hester, Pearl, and Dimmesdale for their overall purpose to the story and the symbolism. An important concept of romanticism includes a close connection to the earth and natural scenes. A large occurrence of this comes in the first chapter of the book. The chapter mentions a rose bush outside of the prison. The novel then goes on to outline the rosebush as a beautiful thing that rises out of a bad place. The rosebush symbolizes a beauty that can not be taken away, the human spirit, like that of Hawthorne himself and also of Hester. In addition the prison represents Puritan society, with all of its strict social and moral rules of conduct, and the rose bush symbolizes the individual, standing defiantly on their own, lively and strong, in spite of the society as a whole, against them. Hawthornes use of the rosebush implies that there may be an indestructible human impulse that can survive in people despite social order and natural rights. Another romantic nature symbol is the forest, which symbolizes both safe and evil aspects. An instance of the ...

Bees essays

Bees essays Bees are insects that are thought to be aggressive and harmful. However, they can show you either their bad or good side depending on how you treat those intelligent insects. In other words, if you leave them in peace they wont harm you, but if you try to threaten their kingdom you will suffer a lot from their sharp stings. People forget everything about bees when they eat their healthy product that they work very hard to produce. The amazing things that can catch anyones attention, especially the one who studies those insects, are how well organized they are, the system of communication and the life itself in the hive. These small insects somehow share those attributes with human beings. Some philosophers and scientists say that bees have taught the human beings how to be organized in their lives. In other words, bees society is well organized. Everyone in the hive has a work to do and he is responsible for it. For example, every morning is a busy day for the bees because they start to work some collect food, some make bees wax and other are responsible to take care of the queen also they dont get bored from doing the same work every day. However, if we imagine a huge company in a busy morning and compare it with the bees society we will find some common things like everyone plays a role in fulfilling the goals and if he doesnt do his work correctly there will be a kind of lateness or fault in the companys process. Regarding to the idea of organization bees society is hierarchical. It consists of a leader, which is the queen, and her job is to lay eggs and if there were two queens in the hive then one must be dismissed because there will be a kind of confusion between the members of the colony. Moreover, the queen eats special food calls royal jelly1 an ...

Gender Behaviors in Battle of Algiers, Mother India and A Widows Voice Essay

Gender Behaviors in Battle of Algiers, Mother India and A Widows Voice - Essay Example This paper draws a comparison between the gender behaviors as depicted in Battle of Algiers, Mother India, and A Widow’s Voice. Battle of Algiers is a 1966 war film, which dwells on the situations of women in a warring country. Mother of India shows the struggles of women in harsh economies, taking care of their families. â€Å"A Widow’s Voice† is a very popular literary text, which has the theme of widowhood, including the problems widows face. One thing that is common between both movies and the literary text is that they all offer a comprehensive insight into the gender behaviors in their respective contexts. Battle of Algiers, Mother India, and A Widow’s Voice are similar in their depiction of women’s strength. Battle of Algiers and Mother India commonly undermine the power of men while highlighting that of women while Mother India and A Widow’s Voice commonly feature domestic women’s sacrifices and men’s selfishness. In con clusion, drawing a comparison between these three works was quite challenging, as these have different themes, and are of different genres. However, with the approach employed, a clear comparison of gender behaviors in these works has been achieved. Generally, women have been portrayed as very important people in the society. Women take care of their families, which are the basic unit of the society. However, the main issue is that despite all these, the society, especially men, do not appreciate women the way they should. These three works indirectly call for the need for women empowerment in society.

The Importance of Understanding Price Elasticity Essay - 1

The Importance of Understanding Price Elasticity - Essay Example This elasticity is used to measure how responsive the quantity demanded is or how willing the consumers are to buy the firm’s product if there is a given change in price. Inelastic products, meaning products whose quantity demanded would not be significantly affected by a change in price, include cigarettes and food items. Whereas elastic products, meaning products whose quantity demanded would be significantly affected by a change in its price, include iPod, MP3, television and other such consumer items considered a luxury or a want. Firms can use information about their product’s elasticity of demand to determine their price structure and their competition policy in the market. This information is extremely valuable for the firm’s marketing department as it allows them to determine if the people will continue buying their product if the price is increased or will there be a dramatic decline in the sales. For example if the demand is inelastic for a cigarette company then its marketing department will know that there won’t be a significant decrease in the quantity demanded by the customers to an increase in price. Hence they can afford to charge a higher price without losing too many customers. One thing that needs to be noted here is that when the price of a product is relatively inelastic, a firm’s revenue would rise because of the fact that an increase in price which not reduce quantity demanded significantly thus their revenues would rise. On the other hand, had the demand for tha t product been elastic, they would be losing revenue because quantity demanded would fall. Here, cigarettes are considered to be a relatively inelastic, hence the marketing and the finance department would be aware of the fact that they can increase potential revenue by an increase in the level of prices depending on the degree of elasticity. If the value of elasticity is closer to zero, then they can increase the