Wal-Mart is a Menace to Society - 1039 Words

Paying your employees well is not only the right thing to do but it makes for good business. -- Jim Sinegal, CEO, Costco Throughout the history of America, there have been many businesses that come and go. Success is not guaranteed to everyone. But in the case of Sam Walton, it was different. Sam Walton was the founder the most controversial supermarket chain in existence: Wal-Mart. From the buyers perspective, Wal-Mart is just a generous business chain which has extremely low prices. But upon closer inspection, the wickedness of Wal-Mart and the company practices become apparent. I think Wal-Mart has a negative impact on society. Wal-Mart mistreats employees, follows unfair business practices, and hurts small businesses.†¦show more content†¦This is what helps prices get lower and helps businesses succeed. Wal-Mart is more of a monopoly; although this hasnï ¿ ½t been legally declared. A monopoly in business terms means a company that has the most share in the market. Microsoft is a computer monopoly because nearly all computers are Windows based, which is a product of Microsoft. Small busine sses are often successful. However, when a Wal-Mart comes along, these businesses have no choice but to shut down. In my town, we had a small country store and similar stores all across our street. When construction began and a Super Center Wal-Mart opened up, these stores were wiped off the map. No business could survive the wrath of Wal-Mart. Who wants to go to an over-priced country store to get vegetables and fruits when one can go to a super center and get it for a discount? Of course the quality is not as well but who cares. Hurting small businesses is beneficial for Wal-Mart, but it has dramatic effects for everyone else. After a closer examination of Wal-Mart, it becomes apparent that there is more than what meets the eye. Wal-Mart is a menace to society and has a negative impact on everyone. Mistreating employees, unfair business practices, and hurting small businesses are just some of the vicious activities that Wal-Mart participates in.Wal-Mart is not a business, but a tyrant.Show MoreRelatedGb 560 Unit 1 Assignment4563 Words   |  19 Pagesstore is Wal Mart. Wal Mart is the number one retail store in the service industry in America. There are more than 1.5 million employees that work for Wal Mart. It is the largest private employer in America (Fishman). According to Charles Fishman there are approximately 140 million customers that visit Wal Mart a week. Within in the last year the store has employed more workers than Amazon and Google combined. In the United States there are 3,140 counties and there are more than 3,822 Wal-Marts, thisRead MoreFast Food Is A Dark And Scary Hidden Story1502 Words   |  7 Pageswealth while suffering, causing employers to lower wages, avoid injury at stake, and produce foods to restaurants without customers knowing that they are consuming. To illustrate, fast food has done a great deed to put their name out there in the society. For instance, fast food is easy, fast, and cheap. From breakfast to lunch, and dinner, it only takes 5 – 10 minute from ordering your food to getting your food. Fast food has become an easy answer to people problem; however, it has become a biggerRead More Barbie - A Complex American Icon Essay3507 Words   |  15 Pagestrivialized the women’s movement, tainting some Americans’ perception of the movement. Another major strength of Douglas’ work is her argument that postwar popular culture increasingly offered women conflicting images of their roles in society. She relates the dilemma of women her mother’s age, who were aggressively encouraged to work during the war, enjoyed working outside the home, but then were told to quit when the war ended. At the same time, these women were being bombarded with advertisementsRead MoreEnglish All Semester 26504 Words   |  27 Pagesworked. The chrysanthemum stems seemed too small and easy for her energy. At the back of the house she dug in the can pile and found two old and battered aluminum saucepans. Question 7 (Multiple Choice Worth 5 points) What message about society is Steinbeck sending through this story? Neighbors should share more with one another. Husbands should encourage their wives. Strangers cannot be trusted. Strength and power can be present in some of the most unexpected people. QuestionRead MoreOrganisational Theory230255 Words   |  922 Pagesmachine Level 3: ‘Get the structure and systems right so that all is in balance’ Level 4: ‘The machine is alive! – well, almost’ How modernist organization theory underpins conventional understandings of the relationship between organizations and society Is bureaucracy immoral? Form fits function: how modernist organizational theory challenges the relationship between individuals, groups and the organization through bureaucracy and hierarchy The virtuous bureaucracy Modernist themes in organizational

Criminal Justice Case Study - 712 Words

Zion first became involved in the justice system at age 14. His legal history includes two intake contacts. Zion has had an intake contact for a felony offense. None of the intake contacts was for felony offenses against another person. He has no history of escape. He has had three juvenile detention confinements. On May 18, 2017, Zion was released from detention to the custody of his guardian and was ordered on electronic monitoring. On July 19, 2017, Zion appeared with his mother before the Honorable Judge Alotha C. Willis of the Portsmouth Juvenile and Domestic Relations Court charged with burglary, grand larceny and destruction of property. Prior to any evidence being heard, a plea agreement was reached between the Commonwealths†¦show more content†¦Zion is sometimes subject to appropriate consequences for bad behavior and consistently receives appropriate rewards for good behavior. His guardian sometimes supervises inappropriately. Nevertheless, his guardian sometimes disapproves of his behavior. Zions home features some conflict that is distressing, verbal intimidation, yelling and heated arguments and some conflict, but it is well managed. There are very negative elements within the family environment. These elements include his mother’s criminal history and Zion’s lack of stability. His family provides some opportunities for growth but inconsistently provides love, caring and support. Zion has a close relationship with his brother and extended family. There is a moderate social support network for Zions family. Zion is currently living with his maternal aunt Dawn Riddick and his mother Wanda Riddick. Zions aunt shares joint custody with Zions godmother Ms. Alethia Fugua who does not live in the same home. There is some concern about Zions supervision in the home. Zions aunt reports she supervises Zion to the best of her ability. Ms. Riddick reported Zion is supervised by his biological mother while she is at work. Zions mother, Wanda Riddick, was recently released from prison and is trying to be actively involved in Zions life. The family reported Zion does not follow household rules nor does he comply with verbal directions. Zions guardians reported he is often on the porch while on electronicShow MoreRelatedResearch Methods in Criminal Justice and Relevant Terminologies1202 Words   |  5 PagesMethods in Criminal Justice: Research is widely recognized as the basic technique for advancing a body of knowledge across various professions including the criminal justice field. This tool has the ability of enhancing a body of knowledge because it assists students, scholars, professionals in the criminal justice field, and governmental policy makers to determine effective methods for various issues like law enforcement, prevention of crime, and corrections. For students in criminal justice, learningRead MoreAfrican American Criminal Justice Graduates in the Real World715 Words   |  3 PagesPurpose of the Study Does obtaining a degree in a particular field grantee you a successful career within that field? As for African Americans, will most criminal justice graduates have a career in their field of study post graduation? How long will it take to achieve a career in the criminal justice field? The theme of this research is to examine the advantages of obtaining a criminal justice degree and how effective it is within individuals’ careers within the field of criminal justice. Through thisRead MoreCases And Labeling Theory : Case Analysis971 Words   |  4 Pages Cases and Labeling Theory However, in further details we decided to write about two cases that have been solved one with a negative result and another with a positive outcome with racial bias in capital cases. â€Å"However, The Baldus Study has given a big lead to the disagreement in the allegations in the Georgia courtroom against capital punishment which has pertained to an African American in the equal justice†(Baldus Study,2015). Another important case in our court system is the McCleskey v. KempRead MoreAnnotated Bibliography On Crime And Justice1538 Words   |  7 PagesAnnotated Bibliography on Crime and Justice Crime may simply be referred to as an offense against the state or against morality and is punishable by law, while justice is the fairness practiced during judgment of cases usually in instances where crime has taken place. Crime and justice go hand in hand as commonly evident in a case whereby a criminal is apprehended and taken to a court of law, then a ruling of justice practiced on the case and fairness used in passing of judgments. In most governmentsRead MoreCase Study Term 2 Unit 4 Assignment750 Words   |  3 PagesCASE STUDY 2 Criminal Justice professionals have certain responsibilities and duties in order to fulfill the needs of society. Criminal justice professionals are the backbone to any society and they are given certain authority and power by the government to protect its citizens. This sets them apart from the general population. They are expected to fulfill the vast amount of duties expected of them in a professional manner. Criminal justice professionals are expected to haveRead MoreRestorative Justice vs. the Criminal Justice System965 Words   |  4 PagesIntroduction Restorative justice is a humanistic way of addressing the gap that exists between constructive resolution of crime and the institutional systems devised by societies to address crime and manage criminals. The tack that restorative justice takes is to ameliorate the impact of crime on victims and other individuals, and to establish a responsive model of crime prevention and response to criminal incidents. Conventional criminal justice relies on the threat of punishment in order toRead MoreThe Bearing of Race and Ethnicity in the Criminal Justice System1285 Words   |  5 Pagesas to whether or not race and ethnicity have a bearing on an individual’s treatment in the criminal justice system for many years. I will be arguing that race and ethnicity do in fact, have a bearing on one’s treatment in the criminal justice system. I will be backing up my position on this topic by providing evidence from five scholarly articles. My first source is African Americans and the Criminal Justice system by Phyllis Gray-Ray, Melvin C. Ray, Sandra Rutland, and Sharon Turner. The authors’Read MorePlea Bargains : Criminal Justice System1510 Words   |  7 Pagesthe United States today, plea bargains are the way in which the majority of the criminal court cases get resolved. â€Å"Plea bargains are extraordinarily common in the American legal system, accounting for roughly 90% of all criminal cases. Many countries, however, do not allow plea bargains, considering them unethical or immoral† (â€Å"Plea Bargains: In Depth†). A plea bargain is an agreement that is made in a criminal case between the prosecutor and the defendant; normally, the defendant pleads guiltyRead MoreThe Criminal Justice System : An Analysis Of Income And Racial Inequality Essay1586 Words   |  7 PagesRyan Williams English 102 Professor 6 May 2015 The Criminal Justice System: an Analysis of Income and Racial Inequality In the history of civilized communities, one finds that different structures and practices are relevant and necessary to uphold and maintain order within society—hence, the establishment of the criminal justice system. The criminal justice system, according to the Oxford Dictionaries (2010), is defined as â€Å"the system of law enforcement that is directly involved in apprehendingRead MoreThe Development Of The American Justice System Essay1291 Words   |  6 PagesThe development of the American justice system is a captivating subject that can prompt to years of recorded study and investigation. A decent criminal justice graduate program will give you enough information to leave you wanting more as I gained from my time in school. The first settlers to America brought the criminal justice system of English custom-based law to our shores. The framework depended on the idea of Mens Reas (guilty mind) and the impact of the Catholic Church. There was marvelous

Understanding Of Accounting Standards †MyAssignmenthelp.com

Questions: 1. Demonstrate an understanding of accounting standards and be aware of the authoritative influences that underpin accounting and reporting in the international and Australian regulatory environment? 2. Explain the issues surrounding contemporary accounting controversies, in this case on fair value accounting in diverse contexts using social, ethical, economic, regulatory and global perspectives? Answers: 1.International accounting standards board uses conceptual framework for the financial reporting. As per the AASB conceptual framework the users of theaccounting information are as follows: Investors: Investor plays a major role in deciding a financial statement of the entity.Accounting information prepared by the management needs to be correct as it is used by the users. The investor uses financial statement for taking the investment decisions. If he finds that theaccounting information is good and it can give him a good return then he should invest in the securities of the company. The conceptual framework of AASB states the management of the company has to prepare correct financial statement to assist the investors in taking investment decisions. Employees: Employees is an integral part of the organization and their decisions affects the functioning of the company. They use the accounting information to determine the growth made by the company. They took decisions regarding raise in their salary, bonus from the top level management after checking the accounting information. Lenders and suppliers: The Company has to purchase material and it cannot purchase whole material on cash as so much cash is not available to the company. The companys accounting information is checked by the lenders and creditors to check the credit worthiness of the company. Lenders give loan to the company and they want an assurance that their money is safe and they will receive a good amount of interest if they give loan to the company. If they found that the accounting information provided by the company is good and as per the conceptual framework then they easily give loan to the company. Customers: The whole business is done for attracting the customer, so they can purchase the goods and services of the company. The future of the company depends upon the customers as they check the financial information to determine that the product produced by the company is harmful or not. The annual report contains all the information about the business of the company. The customer check that information to satisfy himself that the product produced by the company is safe. Government Agencies: Government affects the functioning of the business as they assess the financial information to check the financial performance of the company is good. If the companys financial performance is good then it levies taxes on that income and if the financial performance of the company is not good then it provides subsidies to the business to help them in succeeding in the future. Public and society: Public and society is the surrounding where the company operates its business. The public uses the financial information to determine that the business of the company does not affects the functioning in an adverse way. They check the accounting information to determine whether the company took decisions towards the welfare of the society. The information about the welfare of the society can be checked from the CSR report of the company as it contains all the information about the functions of the company towards the welfare of the society. Yes the identification of particular users within the conceptual framework has implications for the future of accounting information. The companys overall objective is the maximization of the wealth of the shareholders and investors plays an major role. The future planning needs to be done by taking in considerations the requirements of the investors as they are the one who invested money in the company. Investors are providers of risk capital to the entity. The company has to prepare its financial statements as per the guidelines of the IASB and AASB conceptual framework. The company has to prepare its financial statements on the basis of fair value. The accounting regarding the preparation of the financial statements needs to be done as per the fair value accounting. The complete description about the accounting as per the fair value is given in accounting standard and the company needs to follow the guidelines of the accounting standard in order to do the fair value accounting as the investor wants to know the fair value of the business and he took decision after checking the fair value of the business. Historical cost accounting is an accounting concept and it also used by the company to determine the historical cost of the company. The users check the historical information also to take their decisions. 2. Advantages for accounting that could result from the development of conceptual frameworks are as follows: Consistent financial statement: The management has the responsibility for the preparation of the financial statement and their assumptions on the preparation of the financial statement affect the content. The conceptual framework clarifies all the doubts regarding the preparation of the financial statement and the guidelines are used for the preparation of the financial statement. Assist the auditor: The auditor has to examine that the accounting information prepared by the management as per the applicable reporting framework. The applicable reporting framework gives an assurance that the accounting information of the company is correct. In such case, the auditor does not to have to conduct detailed checking. Achieve economic development: The Company can achieve economic development in accounting by using the guidelines of the conceptual framework. Can achieve overall enhanced communication: Communication plays a major role in achieving the objectives as the company seeks an effective communication in the preparation of the accounting information. Records kept in a systematic manner: The records of the business need to be kept in a systematic manner as they can be needed in the near future for something. The conceptual framework helps in preparing the financial statement and also helps in financial reporting. The conceptual framework provides guidance in the preparation of the financial statement. The knowledge about the core financial accounting is highly problematic. The accountants do not know about the core financial accounting concept and because of that they prepare wrong financial statement. The accounting assumptions taken by them are wrong that ultimately affects the business of the company. The AASB issues Conceptual framework that is used by the accountants to prepare the accounting information of the company. The most who gains from the development of the financial statement is the accountant as they gain professional knowledge about the preparation of financial statement. The accounting institute of Australia conduct the course for increasing the knowledge of the people about the core accounting. Many people start that course to gain the knowledge about the concept of core accounting. This also helps them in making correct assumptions when they are preparing the financial information of the company. The accountants now days has the knowledge and they prepare the financial statements that remains consistent over a period of time. The views of the Hines in that article are to give knowledge about the concepts of core accounting and how to resolve the problems underlying with it. The core accounting problems are solved after the development of the conceptual framework. The advantages stated in the part a about the accounting matches with the views of Hines. The conceptual framework assists the accountants in gaining knowledge about the fundamental concepts of the financial accounting. The main advantages identified in the part a is the consistency in the financial statement, assist the auditor in their audit as it reduces the work of the auditor. No one has complete knowledge about the concepts of the accounting but the introduction of conceptual framework provides a way to reduce these problems. References Hines, R (1989), Financial accounting knowledge, conceptual framework projects and the social construction of the Accounting profession.Accounting, Auditing and Accountability Journal,2(2), pp. 72-92. Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia. Schroeder, R.G., Clark, M.W. and Cathey, J.M., 2011.Financial accounting theory and analysis: text and cases. John Wiley and Sons. Deegan, C., 2012.Australian financial accounting. McGraw-Hill Education Australia. Weygandt, J.J., Kimmel, P.D., KIESO, D. and Elias, R.Z., 2010. Accounting principles.Issues in Accounting Education,25(1), pp.179-180. Laux, C. and Leuz, C., 2010. Did fair-value accounting contribute to the financial crisis?.Journal of economic perspectives,24(1), pp.93-118. Dechow, P.M., Myers, L.A. and Shakespeare, C., 2010. Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits.Journal of accounting and economics,49(1-2), pp.2-25. Power, M., 2010. Fair value accounting, financial economics and the transformation of reliability.Accounting and Business Research,40(3), pp.197-210. Taplin, R., Yuan, W. and Brown, A., 2014. The use of fair value and historical cost accounting for investment properties in China.Australasian Accounting Business Finance Journal,8(1), p.101. Jaijairam, P., 2013. Fair value accounting vs. historical cost accounting.The Review of Business Information Systems (Online),17(1), p.1.

Traits of the Hero Essay Example For Students

Traits of the Hero Essay HerculesTheseusJasonBirth/Childhood?Son of Zeus and his mortal mother, Alcmene. ?Brother is Iphicles. ?Hera was constantly trying to kill him.?Son of the Athenian King, Aegeus. ?Spent his childhood with his mother in southern Greece. We will write a custom essay on Traits of the Hero specifically for you for only $16.38 $13.9/page Order now ?Supposedly lived generation earlier. ?Son of king Aeson. Character Flaws?Loses control of himself when angry. ?Mixed personalities?Forgot to raise the white flag when he traveled home from Crete so his father thought he was dead and he killed himself. ?ForgetfulnessJourney/Quest?To complete the 12 labors in order to repent for killing his family and others assigned to him by Eurystheus. ?Accompanied Jason on the quest for the Golden Fleece. ?He traveled to Crete to be one of the sacrifices but he meant to kill the Minotaur. ?Succeeded by strangling the beast. ?Also accompanied Jason on the quest for the Golden Fleece.?To get the Golden Fleece back from Colchis and King Aetes. Tests/TrialsThe Twelve Labors:? The Nemean Lion? Lernean Hydra? Cerynitian Hind? Erymanthian Boar? Stables of Augeas? Stymphalian Birds?Cretan Bulls?Mares of Diomedes? Belt of Hippolyte? Cattle of Geryon? Apples of Hesperides?The Hound of Hades.?Being able to roll away the boulder to get to the sword and sandals. ?Dealing judgment to the bandits who harmed people traveling by the road.?Get through the Clashing Rocks. ?King Aetes made Jason face bronze feet, fire breathing bulls in the Trial of Courage. ?Whirlpool of Charybdis. ?Phineas and the Harpies. Guides/Helpers?Athena helped through many of the Labors. ?Ariadne and Daedalus helped Theseus get out of the Labyrinth.?Medea lured the serpent to sleep so Jason could get the Fleece. ?All of the Argonauts (Hercules, Orpheus, etc.)Special Objects?Nemean Lion skin?Sword and sandals that he was awarded with when he moved the boulder.?Argo (ship they traveled on)Positive Qualities?Extreme strength?Protection of the poor and defenseless?Peaceful except for when he is fightingSigns of Success ?He completed the twelve labors. ?Defeating the Minotaur and able to find his way out of the labyrinth. ?Completing the journey on the road dealing judgment to the bandits.?He achieved possession of the Golden Fleece. ?Was able to reach the Golden Fleece.