Cash Flows in Business Organisations Coursework - 1

Cash Flows in Business Organisations - Coursework Example On the other hand, net cash flow can be defined as the difference between the cash that is brought in and that goes out of a company. First, to understand the underlying factor causing the difference in these two major accounting items, it is imperative to be known that the determination of a company’s net profit for the financial period depends on some criteria as provided by the GAAP (Eisen 2007, pp. 101-110). Unlike net profit, cash flow determination is not affected by any criteria. Second, the difference is brought about by the fact that some expenditure considered as non-cash such as the depreciation costs are deducted from the revenue in order to obtain the net income. On the other hand, these non-cash costs are added back to obtain the net cash flow. Third, the difference may be caused by the rules regulating the recognition of revenues and expenditures, which do not apply to a cash flow statement but to the profit and loss account. Consider a company with a net income of $ 1,117,500. To obtain the company’s cash flow, some costs such as the amortization ($ 101,100) are added back to the net income to obtain the net cash flow. Therefore, $ 1,117,500 + 101,100 + (or less other items) will result in a higher value of net cash flow as compared to the net income (Gilbertson & Lehman 2009, pp. 428). As provide in the international accounting standards 7, the indirect method of cash flow presentation involves beginning with the net income, which is then adjusted to obtain the net cash flow. On the other hand, the direct method specifically shows the cash inflows that make up the operating activities as shown in appendix 1a and 1b (Jury 2012, pp. 228-230). Operating activities: The extracts of operating activities of the two companies are available under appendix 2. In the year 2011 and 2012, the following are the cash flow analysis: Viacom has net earnings of $ 2,173,000 and

International Organizations Essay Example | Topics and Well Written Essays - 1750 words

International Organizations - Essay Example The lack of transparency in its procedures and the tendency for some or all of the permanent five to caucus in private are cause for concern. A more serious concern is the composition of the Council. It is not reasonable to suggest that the five winners of the Second World War, with the assistance of ten additional rotating member states, comprise a representative, legitimate or authoritative voice for a UN membership of 185. While certainly it would be good to have more representation where decision-making and policy-crafting in the UN is concerned, so as to accommodate the interests of developing countries, such moves might smack of tokenism if the single biggest roadblock is removed: the veto power. Historically, the veto power has been wielded to promote the partisan interests of superpower nations. It is obsolete and should be phased out. Second, more political will is needed on this issue of human rights. When the United Nations was created in 1948 by a world still reeling from the ravages of the Second World War and intent on healing the wounds wrought by it, it was tasked to become the primary agency in defining and advancing human rights. From then on, various other agencies were created, addressing specific human rights concerns. Notable examples of this are the International Labor Organization and the UNICEF. However, despite the complex structure and wo... Two good examples are the genocide in Rwanda in the early 90's, and the current conflict and suffering of people in Darfur, Sudan. There must be a mechanism to ensure that the UN will quickly respond and intervene. 2. How relevant is the experience of the concept of Europe to contemporary problems of management in international affairs Indeed, the European model has been helpful in addressing some problems in management of international affairs. However, a predominant problem in the management of international affairs is the accommodation of diversity and pluralism that certainly cannot be addressed solely by reliance on an intrinsically homogeneous model. Even on the issue of human rights, there are conflicting paradigms. The universality of human rights has oftentimes been challenged by critics on the allegation that the Western bias is very much evident, and that the popularity of it in recent times is nothing more than the remnants of a neocolonial attitude purveyed by the crafty and bought by the undiscerning. A refutation of this was attempted by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 1968 through a study that demonstrated that "the profound aspirations underlying human rights correspond to concepts - the concepts of justice, an individual's integrity and dignity, fre edom from oppression and persecution, and individual participation in collective endeavors - that are encountered in all civilizations and periods." Some Islamic scholars like Safi (2000, page 1) remain unconvinced: The pragmatic arguments for the universality of human rights are problematic, because they either completely overlook the significant impact cultural

The Impact of the Dred Scott Decision on Slavery in U.S. Territories Research Paper

The Impact of the Dred Scott Decision on Slavery in U.S. Territories - Research Paper Example The North and the South had an opposing opinion of slavery. Hostilities and violence were the only way to resolve the problem.i Dred Scott was not able to witness the abolition of slavery. Even so, his determined and fearless struggle for freedom greatly contributed to the ultimate end of slavery. The consequences of the Dred Scott case were experienced by all U.S. territories. For northern territories the decision was very much troubling because it suggested that a legal mechanism by which a territory could put a stop to the establishment of a system of slavery was absent. For southern territories the decision was a stroke of luck that established the legality of slavery and apparently resolved all issues about the legitimacy of the expansion of slavery.ii Only a small number of trials had ever stimulated such a scale of public interest. Due to the Dred Scott decision, the principles of Popular Sovereignty—a doctrine which stipulated that a territory could make a vote whether or not slavery would be lawful-- and Missouri Compromise—an Act that limited slavery to territories located south of the 39th parallel-- became hence null and void.iii Slavery was given the right to expand to all U.S. territories. ... ssible followers to reconstruct society according to its will, and neither the Congress nor the President was primed to provide a strong support for the Court’s decision. However, many thought that legislative branch possessed the authority to restrict the establishment of the system of slavery into other U.S. territories, but the resolution of the Court had definitely blurred the political system. The nation was yet to understand the consequences of the Dred Scott resolution when the elections and campaigns carried out all over the nation in 1858 created a setting for political dialogue on the issue of slavery. This dialogue was most remarkable in the sequence of debates performed in Illinois where contender Abraham Lincoln and Senator Stephen Douglas talked about the major concerns at the time. Douglas, as one of the key supporters of the principle of popular sovereignty, had to take advantage of the debates to justify how this principle could remain existent as regards to t he Dred Scott decision. On the other hand, for Lincoln, who was a somewhat obscure political personality, the media exposure of these debates raised him as a talented orator on behalf of those who aspired to prevent the expansion of slavery into other U.S. territories.iv Although Douglas would in the end achieve another term as senator, it was Lincoln who gained the highest achievement from the debates, for his arguments became very popular and his reputation more well-known. Lincoln, two years later, would run as a presidential candidate. As Douglas and Lincoln discussed the issues of the time, their struggles echoed the nation’s disposition—a society that remained enthusiastic to talk about diplomatically the political issues the influenced national affairs.v Northern and Southern

Human Trafficking Human Smuggling

Human Trafficking Human Smuggling Nearly all countries in the world face the challenge of human trafficking and human smuggling whether as a country of transit, origin or destinations for the victims (Jac-Kucharski, 2012). Human trafficking and human smuggling have become a global problem of recent. The investigative agencies within the Department of Homeland Security (DHS) approximated that 600000 to 800000 people are trafficked and smuggled annually across the international borders (Department of State, 2006). Additionally; the estimation shows that a significant number of people are trafficked and smuggled within the boundaries of their country. The United States is the final destination country for the trafficked, according to the US Department of State (Department of State, 2006). There are various reasons why people carry out human trafficking and human smuggling. Some of the reasons include labor and sexual exploitation among others (Tena, 2010). Most of the victims are enticed with false promises from their homes and instead enforced into activities such as prostitution, forced labor and domestic servitude to name but a few (Jac- Kucharski, 2012). Additionally, politicians have become part and parcel in the discussion of such activities as a result of the nature of the phenomenon (Immigration and Customs Enforcement, 2013). The non-profit organization and government agencies have had the responsibility to deal with the victims of such actions. Due to the similarities between the two crimes, both have been confused by the public. What are the differences between human trafficking and human smuggling? What are the measures taken by DHS to stop or mitigate both crimes? Differences between human trafficking and human smuggling Human trafficking and human smuggling are different activities in the United States, and these terms cannot be interchanged. Human trafficking is a grave human rights violation and a serious crime that revolves around exploitation of people. Human trafficking can be defined as sex trafficking in the sense that commercial sex activities are forcefully induced, coercion, fraud or rather a state in which the victims who are forcibly persuaded in such acts are below 18-years old (Jakobsson Kotsadam, 2013). Additionally, it can be defined as harboring, recruiting, transporting, providing or obtaining an individual for hard labor activities forcefully, or through fraud or coercion for objection to involuntary slavery, debt bondage or peonage (Tripp Mcmahon, 2016). On the other hand, human smuggling revolves around the transportation of people and can be defined as the act of importing individuals into a country through careful avoidance of immigration laws (Jac-Kucharski, 2012). Such activities include importing illegal aliens into the country and harboring unlawful aliens illegally in the country. Moreover, in some situations, smuggling may involve rape, murder or assault either sexually of physically (Department of State, 2006). Measures established by the Department of Homeland Security to stop or mitigate both crimes The investigative agencies in the Department of Homeland Security in the United States which are responsible for curbing human smuggling and human trafficking include the Customs Enforcement (ICE) and U.S. Immigration (Tena, 2010). The ICE cooperates within its law implementation partners in fighting the global infrastructure that is involved in human trafficking and smuggling (ICE, 2013). The ICE achieves this mission by using its experts and authorities, disrobing away profit incentives and assets, cooperating with foreign partners and the United States for the purpose of attacking worldwide network as well as working with global non-governmental organizations for the identification, rescuing and providing assistance to the smuggling victims. The ICE agency has embarked on the determined strategy in fighting human smuggling and trafficking. For instance, the ICE is pursuing investigations which are intelligence-driven for the purpose of targeting large-scale human smuggling organizations irrespective of their location of operations (ICE, 2013). There is specifically located emphasis on the smuggling rings that helps in posing the risk of the national security, threaten lives and engage in violence, extortion, hostage-taking, and abuse. Additionally, there is proper coordination between the ICE and partners at U.S. Customs and Border Protection for the purpose of ensuring hostile investigations and prosecution of the smuggling cases along the country borders. Moreover, the ICE is targeting all the links that are associated with smuggling activities past the direct smugglers (ICE, 2014). Precisely, the ICE aims at targeting the foreign organizers and recruiters, the fake document dealers and transportation, and employment networks who gain from the alien smuggling in the United States. Besides, the ICE aims at pursuing the legislation to raise the penalties beside organized smugglers and offer further criminal offenses to ensure enhancement of discoursing spotters who help criminals in smuggling aliens and contraband (ICE, 2014). The ICE discovered that for successful investigations and prosecuting traffickers, the victims must be steady and free from intimidation and fear to be real witnesses (Tena, 2010). There is equality in the placement of value on the identification and the salvage of victims and the traffickers prosecution. The ICE has many security duty victims or witnesss coordinators who cooperate with the NGOs for the purpose of providing victim services (Tripp Mcmahon, 2016). Moreover, the short-term immigration relief is given to the certified trafficking victims in continued presence status form. The ICE has developed practical initiatives that aim at criticizing the infrastructure that provides support to the smuggling organizations and the assets acquired from the criminal activities. Such activities include snatching vehicles, goods, currency and armaments among others (ICE, 2014). This initiative has played a significant role in fighting human trafficking and smuggling. The ICE has issued the Civil Asset Forfeiture Reform Act, which is one of the tools used in fighting human trafficking and smuggling, a notice to the owners of properties that have been recognized to be used in facilitating the human trafficking and smuggling aliens (Jac-Kucharski, 2012). This tool is very significant in the sense that various managers do not take into account the acceleration of criminal acts on their personal properties or the companys resources. The secretary of the Department of Homeland Security made an announcement about the proposals to the Customs Enforcement and immigration during the annual meeting. The annual meeting was held at the White House by the Presidents Interagency Task Force to Monitor and Combat Human Trafficking (ICE, 2013). Some of the proposals made included the extension of the period of the significant immigration description for the people who are not citizens of the United States. Additionally, they would give vital constancy as well as better support to the victims of human trafficking and smuggling as they carry out further investigations of the traffickers. This is part of the victim-centered approach of the department in fighting against human trafficking. In 2010, The Department Homeland Security came up with the Blue Campaign to act as the voice of the unified Department in fighting human trafficking and smuggling (DHS, n.d). The Blue Campaign came up with a resolution that there be human trafficking awareness training in cooperated into the major training courses at the institutions such as the Federal Law Enforcing Training Centers (DHS, n.d). This could be substantial because a greater percentage of federal law enforcement agencies who participate in Federal Law Enforcement Training Centers (FLETC) acquire skills and tools that help in curbing the human trafficking and smuggling and respond accordingly (DHS, n.d). On a daily basis, the employees of the DHS search for the pointers and causes of human trafficking during their line of duty. Also, the employees of the ICE carry out investigations on human trafficking cases as well as providing support to the victims through the victim awareness programs (Jac-Kucharski, 2012). Besides, the employees in the Customs and Border Protection (CBP) agency cooperate with the airline workers to curb human trafficking through the use of the Blue Lightning Initiative (CBP, n.d). Additionally, the airline personnel together with the support of the agencies make sure that products and properties acquired through forced labor from foreign countries do not find their way in the United States supply chain. The citizenship and the Immigration agencies perform their duty of ensuring that the qualified victims of trafficking who are not citizens of the United States have accessibility to needed immigration qualifications for the trafficking victims (Jac-Kucharski, 2012). Moreover, the Blue Campaign ensures there is the empowerment of communities for the purpose of curbing human trafficking and smuggling through the formation of partnerships, coming up with public awareness, creation, and dissemination of resources and free tool which are used countrywide in curbing human trafficking and smuggling (DHS, n.d). In conclusion, human trafficking, and human smuggling is a global issue which calls for every country to participate in the fighting process. The countries should come up with more measures that can be used to do away with human trafficking and smuggling completely. For that reason, different agencies and tools should be put in place worldwide to be used in fighting human trafficking and smuggling. References Jac-Kucharski, A. (2012). The Determinants of Human Trafficking: A US Case Study. International Migration, 50(6), 150-165. doi:10.1111/j.1468-2435.2012.00777.x Jakobsson, N., Kotsadam, A. (2013). The law and economics of international sex slavery: Prostitution laws and trafficking for sexual exploitation. European Journal of Law and Economics, 35(1), 87-107. doi:10.1007/s10657-011-9232-0 United States Customs Border Protection Agency, (n.d). Blue Lightning Initiative. Retrieved January 24, 2017, from https://www.cbp.gov/border-security/human-trafficking/blue-lightning United States Department of Homeland Security. (n.d.). Blue Campaign. Retrieved January 18, 2017, from https://www.dhs.gov/blue-campaign United States Department of State, (2006). Factsheet: Distinctions between human smuggling and human trafficking. Retrieved December 16, 2016, from http://www.state.gov/m/ds/hstcenter/90434.htm United States Immigration and Customs Enforcement, (2013). Human trafficking and smuggling. Retrieved January 16, 2017, from https://www.ice.gov/factsheets/human-trafficking United States Immigration and Customs Enforcement, (2014). ERO Annual Report: FY 2013 ICE immigration removals. Retrieved January 23, 2017, from https://www.ice.gov/doclib/about/offices/ero/pdf/2013-ice-immigration-removals.pdf Tena, M. (2010, September 30). Modern day slavery in the U.S.-Mexican territory: Human trafficking at the border. Retrieved January 18, 2017, from http://catcher.sandiego.edu/items/peacestudies/Border_Brief_FINAL_BW_oct4_10.pdf Tripp, T. M., Mcmahon-howard, J. (2016). Perception vs. reality: The relationship between organized crime and human trafficking in metropolitan Atlanta. American Journal of Criminal Justice: AJCJ, 41(4), 732-764. doi:10.1007/s12103-015-9315-5

EMINEM: How Much Damage Can You Do With a Pen Essay -- Derogatory Lyri

EMINEM: How Much Damage Can You Do With a Pen "Damn how much damage can you do with a pen", says rapper Eminem in his song titled, Who Knew. This song is on Eminem’s most recent and most controversial album, The Marshall Mathers LP. If it possible for one single quote to sum up my research paper, then this quote does it. There exists an intense and extremely controversial set of circumstances surrounding Eminem and his music. Eminem’s lyrics have been intensely criticized lately and have been categorized as hate-filled and inappropriate by many gay organizations. The leading organization in this controversy is the Gay and Lesbian Alliance Against Defamation, more commonly referred to as GLAAD. Their primary focus is to create consciousness about Eminem’s inappropriate use of derogatory words against homosexuals. GLAAD is protesting Eminem’s album as well as his four Grammy nominations. Since GLAAD is a liberal gay organization, they are limited by definition; in terms of how much they can participate in the complex situation that surrounds Eminem’s lyrics. They see words as either derogatory or not. Therefore they can not truly take part in the discussion about the constant evolution of the meanings of words, that occurs in our society. Eminem is undoubtedly the best artist to use as an example to show the effect of artist’s lyrics upon society, especially upon the youths in our society. Whether or not Eminem’s lyrics are offensive enough to be banned is a discussion without a true answer. Therefore the major focus of my paper, the connection between music (particularly rap and Eminem) and our culture, is a subject which is greatly affected by whomever’s eyes you are looking out of. The most effective way of understanding... ...e beauty of language, and its many varying applications. Rap is a style of music unlike any other. Rap is competition in its rawest and most simple form. It is based on a set of traditions that promotes the besting of those who have just bested you. Doing damage is essential to excelling in rap. If you participate in rap and don’t do damage then you won’t be doing rap justice. If you participate in rap and don’t do damage then you are not sticking to the lofty traditions rap has and you are not helping to enhance language. Most importantly, if you participate rap, or even if you don’t and you voice your thoughts through another form of creative expression and you don’t do damage, then you are cheating yourself. And you will never be able to honestly answer the question of, How much damage can you do with a pen? And that is a lost opportunity that no person deserves.

Friend Classification

Friend Classification Having friends is an important part of life. It is friends that I share everything with. There are many types of people in the world and many types of friends. Knowing that, it becomes all the more important to select the right people so that I might have the correct friends. A friend is somebody that will always be there for me. I always have a great bunch of friends but sometimes some people are more of a friend then others. I have my general acquaintance friends and then I have my best friends. What is the difference between a best friend and a general acquaintances friend? A best friend is a person that I know well and regard with affection and trust. My best friend knows me better than anyone, definitely better than my parents, and sometimes better than I know myself. For best friends there is a feeling, and an emotion for every event shared together: a feeling of love, a feeling of happiness and a feeling of remorse; a feeling of laughter, and a feeling of tears. My best friend has seen me at my worst, and helped me be my best. My best friend will always tell me that I look good, even on my worst days. My best friend is someone with whom I've shared my most intimate secrets with, and laughed the loudest. I've already made plans to name one of my children after her, in hopes that my next of one is a girl. And although we may grow apart and not talk to each other as much, it is safe to say that true best friends are the ones you have for life. My best friend always understands me, or at least pretends to, and she is always willing to listen to my opinions and never criticizes them, even if they are a little weird. We have a secret language with special codes that no one would ever be able to crack. She was with me and held my hand when I got my belly button pierced and she was there with me when my dad threatened to rip it out. She comes to all my family functions like Christmas, Thanksgiving, and Easter and makes fun of my strange great-aunts with me. When we go through these emotions together, we learn and grow from them and become closer than ever before. A general acquaintance friend is just simply an acquaintance. This means that I basically only know their name. I might not even remember what they look like if I go away for a short vacation. Usually, I meet these types of friends in school, at work, on the bus, in the gym, or anywhere else I might be. I normally would not mind having a cup of coffee with them, but if anything else came up, I usually would have no problem parting company. I normally don’t miss them when they are elsewhere. It is also this type of friends who give me the most amount of aggravation. Since most of the time I am placed in a position where you have to act friendly, such as school or work, I would not normally tell an acquaintance when he or she is doing something aggravating, such as tapping the fingers a table or chewing gum loudly. This is why I call them â€Å"pest friends. A general acquaintance friend is not someone I would ever really consider hanging out with a lot or getting to know more than I have to. Human survival is based on some kind of friendship. From the highest authority to the lowest bums living on the streets all of us have experienced in some way or the other one of these different kinds of friendships. I take this friendship for granted because it is something that exists naturally in society and I never really have to actually go out into the world looking for a friend. My personal realization came when I had to start life in a new city, in different surroundings. The feeling of loneliness I had was enough to drive a person to near madness. So in conclusion what I’m trying to say is that we cannot thrive successfully as individuals or as a society without having some form of friendship with other individuals rather it be general acquaintance friends or best friends.

Arrow Electronics Case Assignment Essay

Arrow was founded in the early 1935 as a retailer of radio equipment. Later the company expanded to sell entertainment products and electronic parts. In 2002 Arrow’s global sales were $7.4 billion. The semiconductors products generated over half of the company revenues. Since then, the company has engaged in valued added services. Value added is used to describe instances where a firm takes a product that may be considered a homogeneous product, with few differences from that of a competitor, and provides potential customers with a feature or add-on that gives it a greater sense of value. A value added product can either increase the product’s price or value. For example, offering one year of free support on a new computer would be a value-added feature. Arrow enhanced its products and services before offering the product to customers. The company invested heavily in a sales force and logistics capabilities. Arrow Electronics knew they had to pay close attention to operations. The company knew the goals of the organization and developed a clear vision of exactly how operations will help achieve them. It involved translating the goals into implications for the operation’s performance, objectives, quality, speed, dependability, flexibility and cost especially at their distribution centers. Management knew inventories are considered an important asset and are critical for business success. Arrow used a lot of technology and inventory data at Arrow were extremely accurate. In order to keep inventory data accurate, Arrow invested heavily in information technology. The inventory tracking technology resulted in a better bottom line and a more profitable business. Effective inventory management augmented by technology helped Arrow keep track of inventory, streamline ordering and track items throughout the product’s sales cycle. The three information systems they used were the sales desktop, the mainframe system, and the WMS. The system sales desktop allowed the sales representatives to view the products information, cost, and their buying patterns. The mainframe system maintained the customer inventory, orders and the logic for sales order processing. The system acted like a repository of all data and converted the orders received from the  sales desktop. The mainframe system was the core operating system. The system was impeccable in its ability to track inventory at detailed levels. Fortunately Arrow’s approach to inventory accuracy is not excessive because the system actually saves them money on their inventory management. Inventory management software helped Arrow automate processes and better manage systems to prevent losses from hidden costs. Because Arrow’s major systems were develop in house, they are going to have difficulty using commercial software if their software have issues. A rrow Electronics purchased the company Eagle Semiconductor. Eagle traditional strategy of operating several regional warehouses and moving the inventory into Arrows primary distribution center was a business decision that needed to be made by Betty Jane Scheihing, Senior Vice President of Worldwide Operations at Arrow Electronics. The warehouses performance, customer complaints, and inventory management were bad. Scheihing should explain to management and Eagle’s centers When inventory inaccuracy occurs, inventory management associates should address the issue in a way to reduce the risk of bad performance in the centers. They should request an immediate recount, adjusting the inventory records accordingly. The management associates should evaluate their options in terms of shipping cost, delivery date and time, and the urgency. Companies like Arrow depend heavily on inventory accuracy to operate or fill client orders. Inventory is the major company asset that assisted with tasks such as planning. Thus keeping accurate inventory record s as a major management tool has multiple benefits. When accurate inventory records are kept, the data tells whether you can take on client requests or particular projects with the inventory on hand. Arrow can get a sense of when they will need to order new items. Arrow also can review the inventory records to identify inventory trends over time and make some basic predictions about inventory that might run out faster than usual. All of these elements mean they can plan and strategize. This is critical to developing and maintaining relationships. Good inventory records mean that when customers call or write with inventory-related questions, they can find the answer quickly. A fast response time usually means the customer gets a better impression of the company. When they know exactly what inventory they have and where it is stored, they can retrieve it promptly and fill customer orders efficiently. The ability to deal with inquiries and fill orders  quickly means the company is able to serve more customers and move more inventory th rough the company, resulting in higher profit. If customers have to wait for responses or products, they may cancel orders and go to other companies. Inventory inaccuracy could possibly have a significant impact on the Arrow’s performance. Inventory inaccuracy increases the time spent on the inventory management process. Additional time in multiple departments is spent on researching discrepancies, correcting systems data, and communicating concerns. Inventory inaccuracy impacts the organization’s financial performance in terms of the cost of goods sold. Increased costs are the result of expediting shipping, additional labor, and loss of production. Arrow had inventory inaccuracies when they gave low level warehouse operators the responsibility of finding and correcting inventory errors. Having a group of people with inadequate training and experience count and adjust inventory was a little advanced for their pay grade. Arrow should of made sure who had control over affecting inventory. This is especially true in manufacturing operations where the priorities of machine operators and production supervisors are meeting the production schedule, keeping the machines running, and ensuring the quality of the product being produced. Inventory accuracy should never be a primary responsibility of those types of positions. Once Arrow came to this realization, it was easy to see the benefits of putting inventory and material handling responsibilities in the hands of people whose primary job is auditing and oversight. Overall Arrow Electronics Operational Execution was great. They invested heavily in technology to manage their operations.