Monday, December 9, 2019

Corporate Governance & Ethics Whistleblower Policy

Question: Discuss about theCorporate Governance Ethics for Whistleblower Policy. Answer: Introduction: In this report we are discussing Australian Shareholders Association (ASA) their main mission and vision. We are also discussing why all Australian companies have report to ASA. In the next part of the report we are explaining the meaning whistle blower and their characteristics. We are also discussing Example of both good and bad outcomes in real time cases. ASAs and its Main Mission and Dream Australian Shareholders Association (ASA) is an autonomous, funded by members not-for-profitassociation. It has grown-up as a main autonomous body on behalf of retail investors (Australian Shareholders' Association, 2016). The main mission and dream of ASA is to Standing up for the stakeholders .After being set up in 1960 ASA protects and advance the interests of investors and give a powerful communal voice to its shareholders. ASA do this by advancing the interests of retailshareholderswith administration, business, and markets . ASA monitors the corporations and its goal is to advance their financial presentation and corporate supremacy. Corporate governance is effectively raised by ASA in Australian companies. And it continues for betterment in clearness and answerability. On Yearly bases ASA monitors the presentation of main 200 Australian listed entities. The aim behind company monitoring is to absolutely influence results for its retail shareholders. The main aim of ASA is to treat all the stakeholders evenly and advocates for alteration where it is needed. ASA assist its members to get better their asset information and monetary literacy with free member meetings, conversation groups and cost-effective teaching across Australia and it includes local area among them. By giving independent research, governance data and its well-priced education programs ASA assists its members to expand their sensible skills to get better their investing information (Australian Shareholders' Association, 2016). The main vision of ASA is to improve corporate governance engaging shareholders and improve investment knowledge for investors. A whistler blower can be a member of staff or an ex-employee of a corporation who have proof of deceitfulness and immoral behavior in the organization that is not in the best interests of the public. They generally disclose classified information in their place of work to others, which violates the rule or even endangers the wellbeing of the workers (Dugger .A, 2016). The main characteristics of whistleblower is that he absolutely have faith that bad behavior occurred, he believes that the bad behavior is serious and unpleasant, and he works in the organization about which he makes the report. Frequently, whistleblowers are also careful evidence keepers. The essential feature of a whistleblower is that the individual may fear reprisal from his boss. Still if any individual is reporting misconduct in other corporation, he suffers for the reporting by facing complexity in getting prospect service in the industry (Meredith Melnick, (2016). We can take many examples when whistleblowers are retrenched or punished for their brave attitude because they disclose the matter in community interest. In the present case, Benjamin Koh claim that doctors are pressurized to alter the medical information, patients' records are deleted and claims late it is a division of their plan to stay away from policy pay-outs. Koh misplaced from his position for breaking CBAs IT policy connecting to taking customer records at house. At this phase it comes into view that his proceedings have been vindicated given that CBA Ian Narev has apologize for what happened.CBA does not have a entirely negative data when it comes to whistleblowers. Chanticleer can reveal that the allegations against two employees from the CBA's IT division for corporate bribery resulted from the actions of a whistleblower. The person still works at the bank but he would favor to stay nameless. The person is examining credit card records when unusual payments were found. It led to examine his bank financial records (Boyd.T, 2016). A committee is set up by the government and it recommends to the administration to enlarge the definition of a whistleblower and it comprise corporation former workers, monetary services providers, accountants and auditors, unpaid personnel and industry partners. Committee recommends the administration to get bigger its range of information secluded by the whistleblower protections. And to cover any misconduct that ASIC may examine and give that ASIC cannot be required to produce a file enlightening a whistleblower's individuality unless an order is passed by the court. It is also told by them that business whistleblower structure is efficient so that unidentified disclosure are secluded and the obligation that a whistleblower must be acting in high-quality confidence in reveling the data is detached. The revelation is based on a truthful faith, on rational basis. The committee also suggested it is a criminal offence to intimidate to take retaliation towards the whistleblower (Australian securities and investment commission, 2016). Conclusion In this report we have discussed (ASA), and its main mission and vision. We are Definining whistle blower and their characteristics .Example of both good and bad outcomes of real time cases. References Australian Shareholders' Association, (2016), ASA, Accessed on 8th September 2016 from https://www.australianshareholders.com.au/ Australian Shareholders' Association, (2016), our strategy, accessed on 8th September 2016 from https://www.australianshareholders.com.au/our-strategy Australian Shareholders' Association, (2016), Membership benefits, accessed on 8th September 2016 from https://www.australianshareholders.com.au/membership-benefits Meredith Melnick, (2016), What Motivates A Whistleblower? Accessed on 8th September 2016 from https://www.huffingtonpost.in/entry/psychology-whistleblower_n_5889630 Dugger .A (2016), what is the Whistleblower Act? - Definition, Rights Protection accessed on 8th September 2016 from https://study.com/academy/lesson/what-is-the-whistleblower-act-definition-rights-protection.html Boyd.T, (2016), ASIC backs project aimed at encouraging corporate whistleblowers, accessed on 8th September 2016 from https://www.afr.com/brand/chanticleer/asic-backs-project-aimed-at-encouraging-corporate-whistleblowers-20160414-go6jhv Parliament of Australia, Department of Parliamentary Services, (2005), Whistle blowing in Australia transparency, accountability but above all, the truth, accessed on 8th September 2016 from https://www.aph.gov.au/binaries/library/pubs/rn/2004-05/05rn31.pdf Australian securities and investment commission (2016), Guidance for whistleblowers, accessed on 8th September 2016 from https://asic.gov.au/about-asic/asic-investigations-and-enforcement/whistleblowing/guidance-for-whistleblowers/#AmIawhistleblower

Monday, December 2, 2019

Why Study Pop Music Essay Example For Students

Why Study Pop Music Essay Pop culture used to be all the stuff you had to wait for after school to enjoy. But these days, pop culture is just as likely to be the stuff you study in school . In 1986 Michael Hannan establish a contemporary Popular Music program at Southern Cross University a trained classical pianist and musicologist he had previously worked in rock bands and for AC/DCs publisher. Hannan recounts how in 2000 at least 8 of the 37 universities in Australia are now offering degrees servicing aspects of the Popular Music, where as in 1985 there were none. In institutions that have traditionally focused on classical music, there may be a realisation that a broader market of students needs to be targeted in order for them to survive in an era of declining public support for the arts . Hannan asks What are the reasons for this mini-revolution in music training in universities? and it is this is the question I hope to debate in this essay. Hannan proposes that, music training has been traditionally limited to middle class students with a classical music background, most of whom qualify for university entry on the basis of the privately-funded individual music, not from the practical music experiences they have received in a public education system . This point is further reinforced by culture theorist Henry Giroux Of course, education has always been a product of privilege,In that way, pop culture is much more available and accepted than the formal knowledge. We will write a custom essay on Why Study Pop Music specifically for you for only $16.38 $13.9/page Order now Hannans significantly focuses on the rapid rise of Popular Music as a serious educational topic while demonstrating a shift in traditional class values that influence what or how things are taught in education systems. This change in attitude does not however alter one specific fact, Most young people contemplating university music study, whether classical or popular, wish to do so because their cultural identity is bound up with music making . In the terms of Popular Culture this affinity with music is even starker as the nature modern life and the volume of accessible media dictates that this exposure is, in essence is everywhere, Students come into college now having been immersed in pop culture since they were born. Its what they know its practically what they breathe. Simon Firth reiterates this in a musical context declaring, the sheer loudness of contemporary Popular Music as it competes with noise in our soundscape. Traditionally pop music was and is still seen as a product for the lower classes; not worthy of social status, let alone study and is frequently referred to as being Normative. In opposition Classical music is then deemed intellectual, high brow, elitist and the fodder for the upper classes, with Popular Music referred to in the terms of the Negative of Classical i. e. what Classical is not! There is some evidence that this trend is however changing, Many people talk as if classical music is in its essence an art and pop music in its essence, nothing but music created to make money. Neither of these statements is completely true, plenty of classical music has been commercial and plenty of pop has been created with no regard for money. Can we prove this seed shift in musical academia is not only happening with regards to established music studies but also in Cultural Social areas. In a 1997 review of Neil Nehrings book Popular Music, Gender, and Postmodernism Chris Foran wrote Rock music is at its heart a music of passion, spontaneity, fire. So why is it that many academics and music journalists dismiss the political and social value of emotion in Popular Music? . I would argue that Foran is wrong in that assumption? In that same year a Stamford University Online Report titled Rock Roll: Does it Influence Teens Behaviour? used the book Its Not Only Rock Roll as its reference point. .u4ff8bd09144e986939faabf205c28031 , .u4ff8bd09144e986939faabf205c28031 .postImageUrl , .u4ff8bd09144e986939faabf205c28031 .centered-text-area { min-height: 80px; position: relative; } .u4ff8bd09144e986939faabf205c28031 , .u4ff8bd09144e986939faabf205c28031:hover , .u4ff8bd09144e986939faabf205c28031:visited , .u4ff8bd09144e986939faabf205c28031:active { border:0!important; } .u4ff8bd09144e986939faabf205c28031 .clearfix:after { content: ""; display: table; clear: both; } .u4ff8bd09144e986939faabf205c28031 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u4ff8bd09144e986939faabf205c28031:active , .u4ff8bd09144e986939faabf205c28031:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u4ff8bd09144e986939faabf205c28031 .centered-text-area { width: 100%; position: relative ; } .u4ff8bd09144e986939faabf205c28031 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u4ff8bd09144e986939faabf205c28031 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u4ff8bd09144e986939faabf205c28031 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u4ff8bd09144e986939faabf205c28031:hover .ctaButton { background-color: #34495E!important; } .u4ff8bd09144e986939faabf205c28031 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u4ff8bd09144e986939faabf205c28031 .u4ff8bd09144e986939faabf205c28031-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u4ff8bd09144e986939faabf205c28031:after { content: ""; display: block; clear: both; } READ: Australian Rugby League EssayThe book in question draws its raw material from a senate report, which was concerned about the influences of pop music, efforts to censor it and is later quoted as offering some comfort to parents and others who are worried about graphic sex, morbid violence, overt racism and challenges to authority in Popular Music lyrics and videos. The report was raised after public concern about the relationship Popular Music in the form of gangsta rap, explicit videos and death rock etc was having on American youth culture. This example confirms that the senate believed there is a valid need to understand Popular Music and that potentially this music may have a direct impact on the morals of society. Roberts links Popular Music with child development stating, Because childrens biological and social development rates are so variable, the authors suggest that perhaps the easiest way to tell if a particular child has reached adolescence is to notice whether he or she has developed a passion for Popular Music. So why does Popular Music have such a direct and threatening impact on society and what fuels this fear; the cause I would reason is consumption? According to IFPI figures this years world-wide record industry sales exceed 36 billion dollars, with the UK coming in at 1. 170m and five major record companies holding the power base, Sony, BMI, Warner/AOL Universal and EMI. This represents a major and powerful cultural industry who in league with media companies are capable of directing and forming musical taste and consumption on a global level. By nature any industry of this magnitude will require professionals at all levels that have a vocational qualifications or formal education in that sphere. More regularly we are finding that record companies are in alliance with educational establishments and therefore it can be rationally argued that their business needs, will directly or indirectly effect curriculum topics? Popular Music is part of the larger social context where traditions of culture, class, race, and gender, technology, and profit have now been overlaid with recently consolidated processes of modern mass-marketing and consumption. Having provided some background to the climate surrounding musical education, where does this leave the student and what type of scholar may you find considering Popular Music? My belief is that the reasons for studying this topic are diverse, complex and most of all compelling but some possible reasons are as follows: Musicologists People who wish to study how music is formed through elitist, textual or personal motivators, which may lead to conflicts, which can in turn stimulate modernistic ideas. i. e. apart from Opera classical music is almost exclusively instrumental or melody based, while a great deal of Popular Music is rhythm or narrative driven. I went around the room, and asked each student why he or she was taking the course. One student made a provocative comment that pop music was attractive for its rhythm, and that classical music also had strong rhythm, but that people were discouraged from expressing it. Music Industry Students who see the rewards and career prospects offered by a major industry who wish to take up vocational careers in the music business such as musicians, managers, technicians, journalists or varied support roles. Managers, particularly good managers, groom and train their bands or solo artists in a structured and purposeful way. Record companies (such as the classic case of Motown in the 1960s) often take this a stage further by employing specialised trainers for the skills and personal attributes relevant to particular genres of musical entertainment. Cultural or Social Studies Pupils who wish to study the impact of Popular Music on modern culture or society using issues such as history, economics, social awareness, politics, ideology, psychology, aesthetics or globalisation. .u055373e9da939f53ea2560937b754e37 , .u055373e9da939f53ea2560937b754e37 .postImageUrl , .u055373e9da939f53ea2560937b754e37 .centered-text-area { min-height: 80px; position: relative; } .u055373e9da939f53ea2560937b754e37 , .u055373e9da939f53ea2560937b754e37:hover , .u055373e9da939f53ea2560937b754e37:visited , .u055373e9da939f53ea2560937b754e37:active { border:0!important; } .u055373e9da939f53ea2560937b754e37 .clearfix:after { content: ""; display: table; clear: both; } .u055373e9da939f53ea2560937b754e37 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u055373e9da939f53ea2560937b754e37:active , .u055373e9da939f53ea2560937b754e37:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u055373e9da939f53ea2560937b754e37 .centered-text-area { width: 100%; position: relative ; } .u055373e9da939f53ea2560937b754e37 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u055373e9da939f53ea2560937b754e37 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u055373e9da939f53ea2560937b754e37 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u055373e9da939f53ea2560937b754e37:hover .ctaButton { background-color: #34495E!important; } .u055373e9da939f53ea2560937b754e37 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u055373e9da939f53ea2560937b754e37 .u055373e9da939f53ea2560937b754e37-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u055373e9da939f53ea2560937b754e37:after { content: ""; display: block; clear: both; } READ: Raving EssayFrench theories, such as semiotics and post-structuralism, have inspired a greater interest in explicit or recorded culture. These theories are concerned with the ways in which texts can shape human behaviour and can be used as a source of power by elitists. Music Lovers Cradled over the smooth wooden curves, fingertips on steel, eyes closed. Listening. It might be a groove it might be, a particularly sweet chord, an intriguing phrase, maybe a little twist of melody that just has something. The song writer latches on to it, tries to understand its implications. What does it feel like? Where does it want to go? What sort of song may grow from this tiny fragile seed? On college campuses nation-wide, pop culture is a hot academic topic. More than one million students will take a course with a pop culture theme in 2001, according to the Popular Culture Association of America. Meanwhile, on the latest generation of TV quiz shows (the closest television gets to academia), contestants are more likely to be grilled on sitcom stars and jingles than on science and history.

Wednesday, November 27, 2019

Positive and negative imacts on environment Essay Example

Positive and negative imacts on environment Essay Example Positive and negative imacts on environment Paper Positive and negative imacts on environment Paper Humans are the cause for many problems on the environment, right? Actually, humans cause many positive effects in nature. The human race may have had many negative impacts on the environment, however we have also made an equal number of positive impacts. We have not yet made our environment the best it can be, but we are working hard to fix the problems. There is much more that can be done. The human race can be blamed for destroying our environment by doing things such as leaving trash on the beaches and polluting the air with car exhaust. By building on and near beaches, humans are destroying the nesting grounds for sea turtles, birds, and other beach plants. We also tend to fish too much. While fishing, some people become very careless and sometimes destroy coral reefs that grow on the ocean floor. Humans will do anything to protect the beach, such as, building concrete barriers to prevent erosion. All these impacts we make on our environment are slowly turning into positive ones, because of the steps we have begun to take to fix them. If we are trying to fix them our hillier will see the great effects we are making on the environment and want to follow our example. Humans have learned to increase the amount of crop yields to feed the hungry. In doing this we can have healthier humans that want to help get the environment back on track. Along with this idea we are also trying to use natural resources instead of harsh chemicals, which in turn will create a positive impact on the environment. The fewer chemicals we put into the environment the less chance we have of destroying our ozone are. Also there will be less off chance of contaminating our water, as well. Could having more crop fields be a positive effect on the environment? In many ways it can have a positive effect on the environment, but in some other ways it can also harm it. It can help the environment by giving the insects and animals more food to survive. The more animals that survive the better the environment will be. Without the existence of animals there would be no environment for humans. In many ways this cant help the environment, one of these ways is because we humans want to try to keep the animals away from the crops. Why? They want more food. To do this we will have to use more chemicals. The more chemicals we use, the more negative impacts we put on the environment, rather than positive effects. In almost all situations, all we have to do is choose whether or not we want to make a positive impact or negative impact on the environment. Just remember when you make positive choices you will always get positive results back. Positive and negative impacts on environment.

Saturday, November 23, 2019

Diffusion Confusion

Diffusion Confusion Diffusion Confusion Diffusion Confusion By Maeve Maddox The Latin verb diffundere, â€Å"to pour in different directions,† gives us the noun diffusion, the verb diffuse, and the adjective diffuse. The noun and the adjective present few difficulties, but the verb is often used ambiguously or incorrectly. Note: The si in diffusion represents the zh sound. The adjective is pronounced with a soft s sound; the verb is pronounced with a hard s sound: diffusion noun /di-FJU-zhn/ diffuse adjective /di-FJUS/ diffuse verb /di-FJUZ/ The noun diffusion refers to the action of spreading or dispersing something. In the context of physics, diffusion is â€Å"the permeation of a gas or liquid between the molecules of another fluid placed in contact with it.† Photographers and painters use the word diffusion to refer to â€Å"the process of slightly scattering a portion of the image-forming light to give a pleasing artistic softness to a photograph [or painting].† Figuratively, diffusion refers to the spreading or scattering of people, customs, or knowledge: In his Researches into the Early History he  ascribes the  curious custom of couvade  to diffusion, an interpretation that few modern ethnologists would countenance. Carnegie donated $300,000 to build Washington, D.C.s oldest library. The building was dedicated to the diffusion of knowledge. The adjective diffuse means â€Å"spreading out.† A tree, for example, might have â€Å"diffuse branches.† A â€Å"diffuse writing style† is wordy. An artist paints a picture in which the light is â€Å"diffuse and ethereal.† A population that is not concentrated in one area, but scattered over a region, is diffuse: Variation in state laws is related to whether the gay and lesbian population is concentrated (where laws permit inequality) or  diffuse  (where laws promote equality).- The Washington Post. Like the other words derived from diffundere, the verb diffuse conveys the sense of â€Å"scattering or spreading abroad†: The Japanese  intended to diffuse  Japanese language and culture throughout the archipelago. Efforts have been made  to diffuse Christianity  throughout the world.   When an artist diffuses the light in a painting, the particles of paint that represent light are spread out, producing a softened effect. Perhaps it is this use of diffuse that causes some speakers to use diffuse as if it means â€Å"to soften† or â€Å"to make less tense.† For example: While there have been signs that China’s leadership is taking some initiatives intended to diffuse the situation, there are no indications whatsoever that the present tough policy on Tibet will mellow.- Institute of Peace and Conflict Studies. Or, the writer of the above example may have confused the words diffuse and defuse. Literally, the verb defuse means â€Å"to remove the fuse from an explosive device.† Taking the fuse out of a bomb makes it totally ineffective. Figuratively, defuse means â€Å"to make a situation less tense† or â€Å"to make something ineffective.† If the intended meaning is â€Å"make less tense† or â€Å"forestall,† ambiguity may be avoided by choosing defuse or some word other than diffuse to express it. Here are some options: ease calm soothe mitigate palliate moderate reduce lighten Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:When to Capitalize Animal and Plant NamesHow Long Should a Paragraph Be?6 Foreign Expressions You Should Know

Thursday, November 21, 2019

Explain how self-creation, social status, and the idea of success Essay

Explain how self-creation, social status, and the idea of success inform the major theme of Winter Dreams by F. Scott Fitzgerald - Essay Example His desire and aspiration to come out of the shell of a middle class individual in order to become rich and wealthy is one of the most important aspects of the story, which is propelled by his association with the rich and famous golf players such as Mortimer Jones. The meandering relationship of Dexter with Judy, the daughter of Mortimer Jones depicts an intriguing portrait of his character, as well. The intention of Dexter to quit his job as a caddy and his vociferous ambition propels him to reach the pinnacle of life. Fitzgerald’s use of such phrases as â€Å"second-best grocery store† corresponds with Dexter’s hankering for a certain status in the society which is achieved when he becomes a partner in a laundry. As a matter of fact, his longing for status led him to leave the state school and joining the university even though he was pressed for money. The author of this story has carefully weaved his protagonist, Dexter by providing different shades to his imagination and his urge to change his social status by wrapping it with success. However, amidst different incidents in the story particularly the failure of Dexter to marry Irene proves his infidelity towards her; at the same time, he could not satisfy Judy Jones though Fitzgerald has also mentioned the depth of his feelings for Judy: â€Å"It did not take him many hours to decide that he had wanted Judy Jones ever since he was a proud, desirous little boy† (p.7). The story of Winter Dreams describes the ways adopted by people for attaining success which eventually emerge as the most significant reason for unhappiness. The title of the story justifies the dreams of Dexter that are nourished during the most quiescent and inarticulate season of the year that casts a dark shadow in his life when he attains everything except fulfillment. Thus, the story of his success and the attainment of social status reveal

Tuesday, November 19, 2019

Body image Essay Example | Topics and Well Written Essays - 500 words

Body image - Essay Example Joseph’s Turrow’s article entitled Targeting a New World shows how firms use target marketing in order to reach their markets and propagate their message. On the other hand, the detrimental effects of the marketing in people’s mind are shown in Dan Cook’s Lunchbox. Hegemony. These two articles reflect how marketers shape the body image of customers through the use of advertising and how advertising leads to the deterioration of our self-worth. Joseph Turrow describes how marketers are diverting their efforts from mass marketing to target marketing where specific advertising messages are geared to capture a specific audience. This is done by tailoring a program which is suited only for the target market while signaling the wrong people to go away. Target advertising, which aims to separate individuals in different media communities, equates the purchasing power of customers to their self worth. It can be seen that in this type of community, only those who can pay will be provided for while those who cannot afford to pay will be treated as outcasts. The separation of communities according to their lifestyle will also encourage individuals to discriminate those who do not belong to same media community. This individual will perceive that his â€Å"lifestyle† is superior while other people are inferior, hampering the possibility of knowing other people outside their circles. According to Turrow, â€Å"It will allow individuals in their personally constructed worlds, separated from the people and issues the y don’t care about or don’t want to be bothered with† (18). This separation also erodes mutual dependence and appreciation of other people. Lunchbox Hegemony proves how marketers have succeeded in promoting a consumer culture among the children. This article shows how targeted marketing as described by Turrow really works. Cook acknowledged how

Sunday, November 17, 2019

The Industry Averages and Financial Ratios Essay Example for Free

The Industry Averages and Financial Ratios Essay In today’s market business really look at what the others in their competitive market are doing to compare how they are doing as a business or corporation. They do this by evaluating the industry averages and the financial ratios. When corporations and financial advisors look at the industry average and the ratios it helps them identify the industry strengths, weaknesses and the overall health of the financial standings of the organization. The automotive and transportation industry with a focus on General Motors (SIC:37110000) is what our group as chosen to examine for our comparison. General Motors was started in 1908 by William Durant by the combination of over 17 independent companies in to one general company, thus eliminating his competitors of the industry. This increased the overall average of the industry and increased the company’s financial health. That was then, now General Motors in number 3 in the market as it shows in Bloomberg Business week graph. The purpose of comparing the rate of General Motors and the Industry is to rate their performance in solvency, profitability and efficiency. General Motors ratio improved in profitability from 2011 to 2012 and 2012 to 2013 the assets and liabilities ratio was 1.31 that means in profit earned relatively to sales and total assets. In the Industry that means GM did pretty well in assets and sales compared to the Industry. In solvency the ratio was 13.19, it has more than 202,000 employees supporting the companies’ production and distribution. In efficiency it total a ratio of 9.00 in 2012 to 9.70 in 2013 which they did better in quality, receivables and efficiency of assets control compared to the industry. General Motors has a reasonable balance on overall performance. It has a higher payables  compared to the industry but lower receivables 16.9 to 6.9 , that indicates that theres a higher cash coming in and less cash going out. In 2011 GM Company achieved staggering turnover of 150.3 billion US. Dollar and net income of 7.6 billion compared to the industry. Below our group as compared the ratios with the industry as a whole and the company General Motors to see where and how the company is doing within the industry. References Bloomberg Businessweek. General Motors Co (GM:New York) (Dec.22, 2014). Retrieved from http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=GM Dan Bradstreet Key Business Ratios. (2014). 3711 Motor Vehicle and Car Bodies. Retrieved from Dan Bradstreet Key Business Ratios, FIN370 website. General Motors Co. (2014). Market Watch. Retrieved from http://www.marketwatch.com/investing/stock/gm/financials/balance-sheet Magloff, David. General Motors Co. Growth, Profitability, and Financial Ratios for (GM) from Morningstar.com. N.p., n.d. Web. 22 Dec. 2014