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Case Analysis Essay Example | Topics and Well Written Essays - 750 words - 3

Case Analysis - Essay Example The clients don't have to take part in the critical thinking process. In the event that it is highly un...

Sunday, May 10, 2020

Good World Essay Topics

<h1>Good World Essay Topics</h1><p>There are a few decent world exposition points to expound on. These points can be testing, if not so much hard to expound on. World Essay points are about subjects that we as a whole can identify with, for example, history, science, writing, and the sky is the limit from there. There are some awesome thoughts for world article subjects that are not founded on past themes that individuals have expounded on, yet are exceptionally close to home in nature.</p><p></p><p>The first exposition point that you ought to think about composing regarding is the economy. You may feel that this subject seems like it would be extremely confounded and conceivably hard to expound on. Truly this paper point can be a ton of fun, and any individual who has a conclusion on it can utilize this theme so as to communicate their assessment. The economy is truly where it is at, and everybody is watching this thing that we call the econ omy intently. You ought to be set up for anything when you are taking a gander at this topic.</p><p></p><p>The next world exposition subjects that you ought to consider are sports and diversion. These themes are extremely well known, and most understudies who read world articles are keen on these things. They give understudies an extraordinary method to be inventive and communicate in a fascinating manner. This is an extraordinary method to get your reality article moving as well as present your own musings on a given subject or issue.</p><p></p><p>The next world exposition points that you should investigate incorporate history and geology. One of the most significant pieces of World Essay composing is the topic that is being secured. Everybody has an alternate point of view regarding a matter, and that is the reason composing papers is such an incredible thing. You can blend and match your topic all through the article, contingent upo n what causes you to feel good and compose about.</p><p></p><p>World Essay Topics will likewise incorporate recent developments. The vast majority don'tthink about legislative issues and government when they are pondering the world, yet in the event that you take a gander at world issues today, you will see that we are surviving some political issues and are confronting significant issues with each other. The world is confronting some intense occasions, and numerous things are in motion. Individuals need answers, and they need to hear others' answers, too.</p><p></p><p>You ought to likewise consider world exposition subjects that manage religion. Confidence is critical to all individuals, and in the event that you are hoping to expound on trust, this is an incredible theme to expound on. It will express what is on your mind, and you ought to have no issue attempting to pass on your plans to your audience.</p><p></p>&l t;p>World Essay Topics will likewise incorporate recent developments relating to ladies, and gay rights. Nobody can overlook these things any longer, and this is an open door for individuals to come out and let others realize that they are not, at this point embarrassed to be gay. You can communicate in another and positive manner, by utilizing the numerous world paper points that exist.</p><p></p><p>There are numerous world exposition subjects that you can look over, and you should exploit them. Papers are incredible for communicating and for investigating your own contemplations. This is an extraordinary method to get your considerations out there and get others to understand them. You should utilize world-paper themes to give your exposition a unique perspective and to give others something to think about.</p>

Saturday, May 9, 2020

Finding The Right Essay Sample

<h1>Finding The Right Essay Sample</h1><p>Before you begin composing your paper, search for article tests that you can discover on the web or from books. These examples are composed by experienced scholars and can be useful in assessing the composed pieces. There are simple approaches to get a thought of what every last one of these expositions is about and which one is reasonable for you. Here are a portion of the basic styles that are utilized in these essays:</p><p></p><p>Standard College Essay. This style is one that can give you an essential thought of how to compose a paper. The paper is genuinely long, yet it presents a decent diagram of the point in a direct manner. It is generally very direct and ought not represent any issue for you.</p><p></p><p>Intermediate. In this sort of article, the essayist can show their ability in one specific subject. It very well may be on any field of study. It presents an alterna te point of view on the theme and can be very interesting.</p><p></p><p>Contemporary. In this style, you can see that a great deal of time has been placed into composing the paper. The essayist needs to show their abilities and aptitude and incorporates their very own portion advancements that add to the general picture.</p><p></p><p>Specialized. This is a progressively specialized style that presents data in a particular way. It presents a decent method to introduce the material. In this style, there will be a great deal of specialized subtleties present, so you ought to be mindful so as not to make the article excessively long or unreasonably specialized for those perusers who are inexperienced with the subject.</p><p></p><p>Other kinds of paper tests are utilized by certain understudies also. These incorporate the short, intelligible, brief, and straightforward sort of exposition. This can be utilized in the initial two years of school for data on assignments thatis not significant or in the most recent year when it is critical to learn. Much of the time, this is the most ideal approach to learn on the grounds that it doesn't take long to finish and the understudy can proceed to study and work without interruption.</p><p></p><p>The sorts of article tests that are utilized by experts are not typically composed for amateurs. Rather, it is a greater amount of a propelled type of composing. Experts realize that it is critical to show their aptitudes and ability. The introduction is frequently nitty gritty and can be specialized, however can likewise be very fascinating to read.</p><p></p><p>One thing you should remember when searching for paper tests is that the sort of article that you are attempting to compose must match the material that you are attempting to introduce. For instance, on the off chance that you are attempting to find out abo ut Greek folklore, at that point the style ought to be more top to bottom than a standard paper. As it were, in the event that you are doing research for a class venture or composing a paper that you need to present to your instructor, at that point the style ought to reflect that.</p>

Friday, May 8, 2020

College Essay About Medical Condition

College Essay About Medical ConditionIf you have a medical condition that you feel is worthy of a written essay, you may want to consider tackling it as a topic in your college essay. There are many interesting and relevant topics that students are writing about, and one can be just as interesting and valuable. There are some colleges and universities that actually offer on-campus programs that allow students to write a personal essay about any topic that they choose. In this case, you should take advantage of this opportunity to address a medical issue.You should never feel bad about having a medical condition that requires you to use medicine, especially if you are a student. This is especially true if you were born with a medical condition. Your peers may think that your medical condition is silly, but it does not mean that it is wrong. A medical condition may cause you to become inebriated or to make embarrassing errors. They may cause you to even need to spend money on emergency medical treatment.It is common for a medical condition to change your personality. People who have such conditions have to be extremely careful with their physical and emotional well-being. One way that a person can cope with this condition is by writing a short essay about it. This is because essays are often a very effective way of conveying information. The students who do this have a much better chance of passing their course than those who do not.If you are going to write a college essay about a medical condition, you need to write about something that is interesting. For example, if you wrote an essay about your childhood dream of becoming a professional soccer player, you should choose a different subject if you were to try and write about the same thing about someone else. A single sentence will not suffice.Before you write a college essay about a medical condition, you should examine the essay as a whole. It is often a good idea to find one topic that covers most of the ma jor points. It is also good to discuss at least one thing that is related to your essay topic. For example, if you are writing about a personal history of diabetes, you should talk about how you became ill. You can also include a summary of your personal story of how you managed to live with your diabetes until you got your doctor's approval to stop taking insulin.When you are writing a college essay about a medical condition, you should also avoid saying too much about the issue. If you use too many medical terms, your audience may take away the message that you are trying to convey. This is a good idea to avoid. However, if you use specific medical terms and if you do not cover the topic at all, then you need to avoid this as well.When you write a college essay about a medical condition, you can always find topics that you know nothing about and that is enough to write about. In fact, this is the best way to get your message across. Writing about something that you do not know any thing about is one of the best ways to break the ice.However, you need to be careful about how much you write in your essay. You need to make sure that you are using the right amount of information to motivate your audience. Using too much information can limit the scope of your essay. Writing about a medical condition should not be seen as a waste of time.

Ghost Essay Topics - Writing Ghost Essays

Ghost Essay Topics - Writing Ghost EssaysGhost essay topics are great for students who have some sort of death on their mind. These topics can be about your own death, or about someone else's death. When you are writing a ghost essay, you can use any topic that you want, as long as it is related to death. The topics could be different, such as your husband died and you write a ghost essay about what his funeral was like.When you write a ghost essay, you should always be looking at the theme of the article. For example, if you are writing an essay on your own death, then you would need to focus on the main subject. You can write an essay about your own death, or you can tell about someone else's death. You do not need to cover the topic of death again, so you will have more time to look at other aspects of the topic.The most popular ghost essay topics include topics that deal with death from medical causes, events in life that are also signs of death, tragedies that occur while travel ing, and ghosts that haunt places. You will also find the topic of ghosts interesting and easy to write about. Ghost writing is very popular, and there are many ghost writers who specialize in ghost essays.The biggest advantage of writing these types of essays is that you will have a great sense of accomplishment. Writing ghost essays is one of the best ways to express yourself and show your creative side. You will never know when the topic of your ghost essay will come back around. Writing it gives you some insight into the world and gives you the chance to tell your story.When you write a ghost essay, you will want to write your essay from the point of view of the writer. This means that instead of getting a point across with a specific character, you will need to include their perspective. You can change perspectives at any time, so make sure that you leave room for that in your essay. If the main character has two or three perspectives, then you can combine those to form a uniqu e style. However, you will want to stick to the same character every time.The writer in the ghost essay will be the one that you will be using as a story, so they should be the person that you are writing the ghost essay from. It will make sense to use the same character from one essay to the next. When you create a ghost essay, you can use any words that you would normally use in a novel. However, you do not want to use too many words, as this could make the ghost story seem confusing.A ghost essay should not take long to write. Keep in mind that most ghost writers require around two weeks to complete a ghost essay. You can add some length to your ghost essay, if you wish, by including a few paragraphs. However, don't overdo it because a ghost essay is supposed to be short and sweet.

Wednesday, May 6, 2020

Social Welfare The Protestant Work Ethic And The Spirit...

In this essay I will analyse the issue of social welfare, referencing Weber’s Protestant Work Ethic and Foucault’s analysis of power structures and the welfare state. The support systems in place to ensure that the poorest and most vulnerable members of society are able to survive have been the subject of increasing scrutinisation and hostility as we have entered the 21st Century. This hostility to social welfare can be seen in the intense backlash against the Affordable Care Act in America, and the current ethos permeating Australian culture that it is better to work in demeaning or unsafe conditions that to be an unproductive member of society. I believe that Max Weber’s most acclaimed work ‘The Protestant Work Ethic and The Spirit of†¦show more content†¦In their studies of human behaviour a group of psychologists looked at how Weber’s theories outlined in the Protestant Work Ethic apply to the beliefs of conservative Americans. They discovered that many of the values were intertwined with and followed onto similar beliefs; their experiment found that â€Å"hard work yields desirable outcomes and anti-leisure predicted belief in a just world; the dimensions of centrality of work and anti-leisure attitudes predicted social dominance; and the dimensions of morality/ethics, self-reliance, anti-leisure predicted right-wing authoritarianism.† (Christopher et al. 2008) These results are interesting and undoubtedly explain how the values of Protestantism have formed political and economic values in conservative circles. Some of the ideas that arise from this line of thinking are that socio-econ omic status is due to one’s own merits; that if you work hard enough God will bless you with spiritual and financial success; and, leading on from this, that welfare is not only a crutch for the lazy and incompetent but it actually circumvents god’s will. This type of thinking ignores systematic disadvatages faced by minorities and the poor by saying there is an even playing field in which anyone can succeed if they try hard enough. The values of Protestant Christianity are clearly highly useful for supporting and scaffoldingShow MoreRelatedEncyclopedia Entry : Work Ethic1184 Words   |  5 PagesWork ethic is a set of values or belief based on moral attitude that hard work is worthy of reward. It also refers to the workers moral benefit based on one’s earnest and its ability to improve his capacity. Although the value has been changed throughout the history, society still has its expectation on workers that they should have a good work ethic in order to be selected for better position where it requires more responsibility, recognition of his contribution with higher wages. Contrary, societyRead MoreJonathan Klemens s The Protestant Work Ethic : Just Another Urban Legend?979 Words   |  4 Pages Jonathan Klemens s in his essay â€Å"The Protestant Work Ethic: Just Another Urban Legend?† claims that the American work ethic, despite many saying otherwise, is still deeply rooted in American society. He states that this work ethic is personified in the persons who find their work both personally enjoying and a service to society. In other words, people who have found their passion. He goes on to explain that this dedication to hard work is exemplified by the existence of societies such as theRead MoreMax Weber And Saskia Sassen Essay2138 Words   |  9 Pagessociological examinations of the forces driving capitalist society, both Max Weber and Saskia Sassen comment on the degree of social inclusion in the capitalist system. Weber, writing in 1906, argued in The Protestant Ethic and the Spirit of Capitalism that all workers, regardless of their religious beliefs or lack thereof, were compelled to participate in the Protestant work ethic underlying a capitalist society (W eber 123). Conversely, Sassen argues in her 2014 book Expulsions : Brutality and ComplexityRead MoreLiterature Review : The Protestant Ethic And The Spirit Of Capitalism1406 Words   |  6 Pagesachievement motivation. Weber’s most distinctive and most famous contributions in his classical work, â€Å"The protestant ethic and the spirit of capitalism†. Weber indeed emphasized the importance of religious doctrines and ethical precepts and values must be taken into account as well as among other variables. He assigned special importance to ascetic, achievement oriented values, which encourage entrepreneurs to work hard and at the same time to refrain from enjoying the fruit of their labour,(Halevy 1981Read MoreThe Fathers of Sociology1550 Words   |  7 Pagesexamples of their published works assess respectively the work of Marx, Durkheim and Weber. Write one thousand words on each. In the final section, critically assess which of the three theorists has the most contemporary relevance. The fathers of sociology are known as Karl Marx, Emilen Durkheim and Karl Weber they made profound contributions towards study of sociology. This essay will explore the key theoretical concepts for each theorist beginning with Marx thoughts on capitalism, class struggle, materialismRead MoreMarxist Perspective On Religion And Liberation Theology1199 Words   |  5 Pagesa source for power for the poor, as it aided in the reformation of the Catholic Church (Callaghan 198). It did so by highlighting the hierarchal and classist structures of the church, as well as pointing to the fundamental doctrines, such as the welfare of the poor, within Christian theology. The liberation theology movement in Latin America ultimately led to a restructuring and distribution of power, confirming the politicized nature of religion (Callaghan 198). Through the relationship betweenRead MoreBorn Karl Emil Maximilian By Max Weber2222 Words   |  9 Pagesprominent politicians and intellectuals in their home. Max Weber’s mother, on the other hand, was just the opposite of his father; she was highly educated, cultured and deeply religious. She was an upright woman who was preoccupied with religious and social concerns. This being her mindset caused her to distance herself from her husband and his political activities. When two of her children died, the elder Weber disagreed with how long she mourned the passing of the children, so he took the authoritarianRead MoreEssay Martin Luther King Jr2250 Words   |  9 PagesContributions As Well as their Social, Political and Economic Impacts Since the Thirteen Colonies first united, the United States has had one of the strongest economies in the world. Over the years, many theorists have had varying opinions concerning the reason for this nations strong economic standing. One reason that has often been overlooked is that a great many of this nations workers have been influenced by the Protestant work ethic. The philosophy behind this wor k ethic has driven many workers toRead MoreEmile Durkheim, Karl Marx And Max Weber1827 Words   |  8 Pagesconsidered to be three canon social theorists who laid the foundation of sociology and contributed, in detailed accounts, the fundamentals of study of society. Each theorist belongs to a different school of thought and presents separate theories on how societies work. While there are bits and parts that might seem similar in each theorist’s social theory, each theorist largely differs from each other. Durkheim, Marx and Weber, among other things, also discussed social change and the evolution of societyRead MoreEssay about Capitalism in Marx and Weber3426 Words   |  14 PagesThe Concept Of Capitalism In Marx And Weber; What Is The Contemporary Relevance Of Their Ideas? Introduction: At the later nineteenth century many social and economical ideas were developed because of the past revolutions and the present conflict of individuals and organised assemblies. Capitalism, one of these ideas, leads bourgeoisie to dream of a capitalist society in order to advance their maintain lifestyle and gain wealth. This economic system which is dominated by private business and

Securities and Investments Commission v Citigroup Global Markets

Question: Discuss about the Securities and Investments Commission v Citigroup Global Markets. Answer: Introduction Citigroup Global Market is a financial services company operating in Australia and carries out its business in circa 100 countries. It is the defendant in the proceedings of Australian Securities and Investments Commission v Citigroup Global Markets Australia Pty Ltd (Citigroup). Citigroup Inc. participates on various businesses in Australia. For example, it participates in the Corporate and Investment Bank (CIB), which is a company known internally. In turn, CIB has many operating divisions such as the Investment Banking Division (IBD) and Equities, among many others. The IBD delivers advisory and investment banking services. Equities, on the other hand, engage in proprietary security trading (Liptak Goldstein, 2016). The issue in the ASIC v Citigroup, therefore, is how the association between a customer and the investment bank came under an equitable microscope. The bank was giving advisory services based on a planned purchasing bid to this client. However, the primary question in the case is if the letter of engagement for retaining a bank by a great public organization to talk about the takeover bid left out the presence of any fiduciary association between the bank and its customers (Black, Mills Cox, 2007). Following the issue in this proceeding, this paper begins with an overview of the ASIC v Citigroup case, outlines the breached duties, and goes on to look into some more details of the Court's decision and the reasons for it given the Corporation Act. Background of the Case On August 8, 2005, the Investment Banking Division got reserved by a subsidiary of an Australia firm known as Toll Holdings Limited (Toll) to be able to offer banking and commercial services. These services were to take place in connection with proposed takeover of another listed company known as Patrick Corporation Limited by Toll Holdings. Toll wanted to use Patrick as means through which it can use to access ports logistic market. It was a significant transaction that traded at AUD 4.5 billion. The parties that got involved were highly sophisticated. In response to these services, Toll selected two venture banks to provide it with advice in connection with the bid. One of the banks was Citigroup while the other one was the Carnegie Co Pty Limited. According to the terms of retainer execution done on 8th August, the charges for the fruitful completion of the purchase from the Citigroup IBD were likely to range between AUD 10 to 18 Million. On the other hand, Equities and IBD of the Citigroup divisions got detached by the precise data and other obstacles recognized in the commercial segment as the Chinese walls (Kennedy, 2009). Those staffs who got employed on the IBD side were working in the private department of the Chinese walls due to being routinely possessing a secret sensitive information concerning securities such as information about the intentions of Toll in connection to Patrick. Additionally, those employees who were operating in the public department of the wall were in the Equities division. The main reason for the Chinese wall was to prevent Citigroup from breaching the rules regarded as insider trading laws in Australia, by doing business with the Equities section of the Patrick shares through the IBD department. Such activity was considered as private information about Patrick. On Friday 19th August 2005, a trader in Citigroup's equities section obtained a huge part of Patrick's share. Nobody suggested that, when he purchased the shares, the buyer already had information about the proposed bid of Toll on behalf Patrick. Instead, the buyer appears to have been following how the price was moving in relation to Patricks price. The trader's response to the movements of the price reflected broad market assumption concerning the possibility of Patrick as the topic of a purchaser. When it reaches mid-day of the same day, the broker had already had a long, considerable share in Patrick. On the other hand, Patrick's value had reasonably appreciated. At 3.30pm, somebody who was guiding the broker called him aside and discussed with him shortly telling him to stop purchasing the shares of Patrick. After that discussion, the dealer went back in the dealing and put on sale some of his positions. As the events unfold, the bid that Toll had for Patrick got announced on subsequent following business day, in this case, on Monday 22 August 2005. Otherwise, under standard practice, Toll trading in Patrick shares bid got inspected by the investigation department of the Australian Security Exchange Limited, in which they witnessed the exchange on which the bid got listed (Standen Angus-Smith, 2009, p.607). The Australia Security Exchange checked whether there was a likelihood of any insider trading in Patrick by the Citigroup. After that, they forwarded the concern to ASIC for further investigation. ASIC started its investigations touching Citigroup towards the end of 2005 but completed early 2006. ASIC began the trials touching Citigroup in 2006. Duties and Responsibilities Breached Though the ASIC did not claim that Equities Trading was aware of the insider information as it was buying the shares, its stand was that; the Citigroup as Tolls advisor was in a fiduciary affiliation in one way or the other (Benard, 2007). ASIC alleged that it breached its fiduciary duty when it purchased shares in Patrick, thus contravened its responsibilities under 912A(1) provision of the Corporations Act. Moreover, Citigroup violated the rules of section 12DA of the ASIC Act together with Section 1043 of the Corporation Act. These sections prohibit false and deceiving behavior referred as Fiduciary Claim (Hanrahan, n.d.). The further allegation was that Citigroup contravened the insider trading laws that are in section 1043A of the Corporation Act. First, the Equities Trading had an assumption that alleged that Citigroup was representing Toll in the anticipated buyout of Patrick (Hastings Marjoribanks, 2012, p.544). This assumption came out due to what ET heard after Investment Bank realized the potential conflict (Citigroup Inc. 2008). On the other hand, ASIC suspected that this assumption composed of information in the definition of 'Division 3 financial products under section 1042A of the Corporative Act. It got argued that the sale of the 200,000 shares had constituted insider business by Citigroup, thus making it the first Insider Trading Claim (Hastings Marjoribanks, 2012, p.542). It was also because the ASIC realized the challenges in the second claim that Chinese Walls Citigroup had in place. ASIC allegation was that, because the senior IB staff had the knowledge about a substantial likelihood that Toll was going to launch its tender, that acquaintance was accredited to the entire Citigroup. Therefore, ASIC suspected Citigroup to have engaged in insider trading since its shares got purchased by the Citigroups Equities division, thus making the allegation to be additional Insider Trading Claim. Decision of the Court According to the Federal Court of Australia on Thursday 28 June 2007 about ASIC v. Citigroup case, was that Citigroup did not take part in insider trading and did not contravene the conflict of interest laws according to the Corporations Act (Jacobson, 2007; 'Australia Banking' 2015, p.104). It found that Citigroup did not contravene its responsibilities under s 1043A, s 1043H and s 912A(1)(aa) of the Corporations Act and s 12DA of the ASIC Act. Therefore, the Court dismisses the claims by ASIC about Citigroups breach of duties. The first Insider Trading Claim failed. This claim could only do well if the trading employee possessed the insider information and attributed his knowledge to the company. According to section 1042G(1)(a), the awareness of the staff got not associated to the enterprise unless the employee was an officer defined by section 9 of the law (Jacobson, 2007). Therefore, the Court did not come to an agreement with ASIC because the employee in question was not an officer of Citigroup (Seeto, 2008). According to the Act, an officer was a person with a senior role in management, unlike the employee in the ASIC v Citigroup case. Moreover, the Court found that the employee did not make the supposition of the takeover bid according to what ASIC claimed that Citigroup acted in place of Toll regarding Patrick's acquisition. The second Insider Trading Claim also did not succeed. According to the Courts findings, Citigroup adhered to section 1043F of the Act. It proved to the Court that it had put in place some compliance arrangements. It raised the Chinese Wall Defense in a satisfactory manner (Jacobson, 2007). It implies that the Company complied as it would be anticipated to make sure that the price sensitive data according to IB got not revealed to the Public Side employees or communicated with ET (Lumsden Bridgen, 2007, p.37). Besides, the choice to buy shares came from a person rather than the individuals who held the information and no communication of it concerning the purchase got given by IB (Seeto, 2008). The Fiduciary Claim also failed right at the beginning. This finding was so, because, the letter of engagement did not involve the existence of the fiduciary association. According to the Court, the Corporation Act did not hinder the bank from having a fiduciary duty when it started its connection with its clients (07-171 Decision, 2007; 'Australia Banking' 2015, p.62). In addition to these findings, there were also compliance implications regarding the Chinese walls, written policies and procedures for training, and the escalation procedures. In relation to the issue of the Chinese Walls, the verdict was that the arrangements to fulfill the law did not call for total perfection. Instead, it needed only the necessary steps. As a result, it came up with the following steps for an efficient Chinese wall: departments physical separation, educational programs, crossing the wall, observation from acquiescence officers, and finally the corrective sanctions. Besides, the Court found that Citigroup had its procedures in place (Citigroup Inc. 2007). For example, the company called for the IB not to spread the material information that is not meant for the public to the ET without having the right individuals to assess the informations materiality. In addition to that, Citigroup had a precise escalation policy to help IB advice the necessary people of the pot ential conflict. However, Jacobsons decision does not alter the people's recognition of the right stand of how banks that do investment provide advisory services to its customers. Nonetheless, the findings are meant to be of significance to everyone including the corporate advisers. For example, the decision allows likeness on the fiduciary obligations and how they are related to the other unbiased and entrepreneurial law requirements such as the requirement of good faith and confidence (Batten Pearson, 2013, p.520; Benard, 2007). If the Honours decision had been otherwise, the international investment banking communitys concerns that the Australian controller had distressed many entities by merging consulting businesses with those of equities trading could also get noticed ('Australia Banking' 2015, p.84). Rather, Jacobsons findings have proven that his act is not forbidden by equity, as long as the banks and the customers association with that of the company of the conglomerates business kowtows t o some particular convictions. Conclusion Therefore, the case ASIC v Citigroup is relevant to advisers and Australias commercial services regulation. When the case against Citigroup started, it appears as if ASIC did not care about protecting Toll's interests. If it wanted to protest about the copyrighted trading of Citigroup in the shares of Patrick, Toll would presumably do so on its own due to the sufficient resources. In fact, the Courts judgment shows that Toll did not have any complaint to present to Court. The CFO of Toll revealed that Toll comprehended that Citigroup would take part in copyrighted trading without opposition so long as the company did not employ Tolls private data wrongfully. Thus, it illustrates that according to the provisions of the insider trading; an adequate compliance system is relevant since it can help a company and its members from being held liable for a claim. Aside from that, the fact that Chinese Walls restrain the information from flowing between different divisions in a company, an org anization can avoid damaging its reputation and substantial fines if it complies with to the requirements of the Chinese wall. References 07-171 Decision in ASIC v Citigroup | ASIC - Australian Securities and Investments Commission. (2007). Asic.gov.au. Retrieved 6 January 2017, from https://asic.gov.au/about-asic/media-centre/find-a-media-release/2007-releases/07-171-decision-in-asic-v-citigroup/ 'AUSTRALIA BANKING' 2015, Acquisdata Industry Snapshots: Australia Banking, 3601, pp. 1-87. 'AUSTRALIA BANKING' 2016, Acquisdata Industry Snapshots: Australia Banking, 6604, pp. 1-108. Batten, R, Pearson, G 2013, 'Financial Advice In Australia: Principles To Proscription; Managing To Banning,' St. John's Law Review, 87, 2/3, pp. 511-559. Benard, M. (2007). McCabe, Bernard --- "ASIC v Citigroup and fiduciary obligations" [2007] BondCGeJl 5; (2007) Corporate Governance eJournal (Bond). [online] Austlii.edu.au. Available at: https://www.austlii.edu.au/au/journals/ElderLRev/2007/5.html [Accessed 14 Jan. 2017]. Black, A, Mills, K, Cox, B 2007, 'A big win for banks,' International Financial Law Review, 26, 9, p. 12. Citigroup Inc. (2007). Mergent's Dividend Achievers, 4(4), pp.60. Citigroup Inc. (2008). Mergent's Dividend Achievers, 5(2), pp.60. Hanrahan, P. (n.d.). ASIC v Citigroup: Investment banks, conflicts of interest, and Chinese walls. 1st ed. [ebook] unimelb.edu, pp.1 - 25. Available at: https://law.unimelb.edu.au/__data/assets/pdf_file/0008/1709837/67-Hanrahan_-_ASIC_v_Citigroup1.pdf [Accessed 14 Jan. 2017]. Hastings, L, Marjoribanks, G 2012, 'Tough on crime -- insider trading enforcement and its relevance to you,' Keeping Good Companies (14447614), 64, 9, pp. 542-544. Jacobson, J. (2007). Australian Securities and Investments Commission v Citigroup Global Markets. Australia Pty Limited (ACN 113 114 832) 2007 (pp. 1-130). Sydney. Retrieved from https://www.smh.com.au/pdf/ASICvCitigroup.pdf Kennedy, C 2009, 'ASIC holds Citigroup to account for credit products,' Money Management, 23, 46, p. 4. Liptak, A, Goldstein, M 2016, 'Supreme Court Sides With Prosecutors in an Insider Trading Case,' New York Times. Lumsden, A, Bridges, V 2007, 'Chinese Walls Lessons from the Citigroup case,' In finance, 121, 4, pp. 36-38. Seeto, G. (2008). ASIC v Citigroup - The compliance implications - Knowledge - Clayton Utz. Claytonutz.com. Retrieved 6 January 2017, from https://www.claytonutz.com/knowledge/2008/january/asic-v-citigroup-the-compliance-implications Standen, M, Angus-Smith, R 2009, 'ASX and ASIC -- the changing of the guard,' Keeping Good Companies (14447614), 61, 10, pp. 606-608.

Monday, April 20, 2020

Renewable Energy Wind Generating Plant for the Local Community

Introduction Renewable energy is energy generated from natural resources. These sources are referred to as renewable due to their ability to naturally replenish themselves after being used (Twidell, 2006, p. 18). Approximately sixteen percent of the final energy consumed globally is from renewable resources. The renewable natural energy sources include wind, sunlight, geothermal, biomass, tides and rain.Advertising We will write a custom report sample on Renewable Energy: Wind Generating Plant for the Local Community specifically for you for only $16.05 $11/page Learn More The problem associated with the usage of non-renewable energy resources is that they cannot be replenished as in renewable energy resources. This has led to concerns by all the stakeholders on the sustainability as they form the bulk of the energy sources of the world (Kaltschmitt, 2010, p. 101). The non-renewable energy sources will dwindle over time, which makes them expensive, as we ll as environmentally non-friendly. In contrast, renewable energy sources are sustainable over time as they replenish themselves, easy to use, less expensive and environmentally friendly. Therefore, a paradigm shift from non-renewable energy sources to renewable energy sources is necessary. In this course, it is estimated that the use of wind power is growing at a rate of approximately 30% annually worldwide (Sorensen, 2010, p. 224). The countries and continents most embracing renewable energy sources are the United States, Brazil, Asia and Europe. The main purpose of this project is to identify the most suitable renewable energy source to introduce to the local community. The project team is to carry out a feasibility study on the viable renewable energy sources to be introduced in the community. The project manager will be charged with overall oversight of the project. The assistant project manager will be in charge of two departments, which are the marketing and financial departm ents. The financial department will deal with all the financial aspects of the project, while marketing department will handle the marketing of the energy source in the society. Motivation The key drive for the project is to provide a clean and sustainable energy source to the local community where the company is situated. However, there are other stakeholders who the company must consider in its endeavors in order to meet its objectives and mission.Advertising Looking for report on environmental studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More To find out the expectations and obligations of each stakeholder, it is necessary to undertake the research. Questionnaires and other techniques are used to determine their expectations and obligations. The first stakeholder is the public and community. A study on a sample of the community reveals the following expectations; a reliable, environmentally friendly and cheap source of energy. Most of the residents reveal that they would be willing to substitute their non-renewable energy sources with the renewable ones if they possess the above qualities. Based on this community need the project is initiated to meet it. The project is to obtain a license from the environmental regulation agency. The project must comply with all the legislations governing the use of renewable energy in the country. The other stakeholder is the AD chamber of commerce. The company will have to set up the required documents such as the articles of association to receive its certificate of operation from the chamber of commerce. The company will obtain its starting capital from the national bank. The bank will also handle the standing orders of the company. The payroll system of the company will be outsourced to the bank. The project will be obligated to guarantee financial health by a viable return on investment to payback the loans. Other stakeholders to the project include: research institute t o perform market trends, survey analysis and also research and development. Modern insurance company will provide employees with insurance in compliance with factory employee safety regulations. The trust fund of the company will cater for recruiting professionals for the project, providing additional funding, performing feasibility studies for the project and providing support and guidance to set up the business. Mediamax Media Company will help devise a marketing plan for the company and its products and lastly various vendors will supply equipments, materials and items required for the project. Solutions Review There are three solutions available to the company. They are those strategies that can be employed to provide a clean and sustainable source of energy for the community while guaranteeing the company a return on its investment.Advertising We will write a custom report sample on Renewable Energy: Wind Generating Plant for the Local Community specifically for you for only $16.05 $11/page Learn More Wind The first option to the company is to set up a wind farm. Wind turbines with a power between five megawatts and six hundred kilowatts, considering the size of the wind farm, can be run by air flow (Twidell, 2006, p. 168). The power of the wind turbine will be determined by the speed of wind. The company will have to find an appropriate location for the wind farm. High altitude and offshore areas are preferable compared to inland locations, because there are higher wind speeds, therefore, resulting in higher energy levels. The benefits of using wind power include a stream of income for the company. The company will earn profit from the supply of the wind power to the community. The expected stream of income will be the discounted present value of income. Another benefit is clean and sustainable energy for the community. The community will also benefit from lower prices of electric power. Over the long run, the community will also benefit from lower levels of environmental pollution. The costs of the project are: the initial cost of obtaining the wind turbines and land to set up the wind farm. The company will also incur a cost from the interest payments on the loans to purchase the equipments and land. Another cost is the opportunity cost on the use of land for generation of wind power. The final costs that will be factored in are employee salaries and depreciation expenses on the equipment used in the wind farm. Solar Energy The second option available to the company is to set up a solar power generation plant. The company can acquire solar technologies to be used to generate energy and distribute to the community. They can also acquire solar technologies that they can set in peoples’ homes. This would be cost effective as they will not have to acquire land for setting the solar power generating plant. The benefits include: a stream of income for the company. The expected future flow of income will be the discounted present value of cash flow. The community will benefit from a cheap alternative energy, reduced environmental pollution and sustainable source of energy.Advertising Looking for report on environmental studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More The cost includes: the initial cost of obtaining solar technologies, lost productivity by substituting non-renewable energy by solar power, opportunity cost of the resources used and depreciation expense on the equipments. Other costs include salaries to employees, interest payments on loans and lost production due to power outages during winter. Biofuel The company can set up a biomass processing plant to produce a variety of products such as bioethanol, biodiesel and biogas. The company will use raw materials such as sugarcane, vegetable oils, animal fats and recycled grease. The benefits are a stream of income for the company, cheap and environment friendly energy sources, sustainable energy resources and higher employment opportunities in the community. It will result in reduced emission of green house gases into the atmosphere in the long run. The costs of the project are initial capital to set up the plant and acquire raw materials, interest payments on loans, opportunity cost of the resources employed in production and depreciation expense on the equipments used in production. There are other miscellaneous costs such as salaries, operating expenses and the cost incurred in substitution. Decision Model The company will consider all the three options available to it. It will use the cost benefit analysis to make the decision. The option which has the most benefits relative to the costs will be taken by the company. The company will assign weights to the benefits and costs of each option. It will compare the score of each alternative available. Other variables will also be taken into consideration such as the community reception to the alternative energy source, the availability of raw materials and ease of assessing replacement parts for equipments used in the production process. Assigning weights to each option gives the following scores. The first option of using wind power gives a positive score. The weights of benefits obtained outweigh the weights of costs to be incurred. This generates a final positive score. However, there are other issues to consider, such as availability of high altitude or offshore areas in the community where more energy can be generated due to high wind speeds. The option to use solar power also generates a positive score. Assigning weights to benefits of using energy will outweigh the weights assigned to the costs. However, there are other issues to consider before choosing the option. The amounts of days and intensity of sunlight in the area, consider whether to set up a plant or set up the solar on the houses of the clients of the firm will be factored into the decision model. The third option also generates a final positive score. The gains that will be achieved from the use of biofuel will outweigh the costs associated with it. The project managers will therefore, address other factors to influence their decision models. They will consider the finances available to the company and accessibility to r aw materials to use in the biofuel plant. The project management chose to go with setting up a wind farm. They chose the option because of the availability of a high altitude area, which was a good site for the wind farm. The decision is also viable because of the availability of wind all year around, therefore it is a reliable and sustainable source of energy. The other alternatives were rejected on the grounds that sunlight was not a year round phenomenon therefore, not a reliable source of energy while biofuel was rejected due to the relative high cost of obtaining biomass for the plant and the high capital needed to start a biofuel processing plant. Most of the local people also supported setting up the wind farm as the area was unproductive and also due to the benefits of reduction in environmental pollution. Summary The decision to set up a wind generating plant is in line with the mission of the project to provide a clean and sustainable source of energy to the local communit y. The company will use three megawatts of wind turbines in the project. The project management team will be appointed to come up with all the critical activities to be carried out for the project to be completed. They will come up with the cost and time to take for the project success. The project meets the expectations and objectives of all the stakeholders. For the public and community, it meets their expectations of a clean, reliable and cheap source of energy necessary for them to adjust and adapt the new system (Kaltschmitt, 2010, p. 291). It is also within the legislations related to energy and environment according to the environmental agency. The project will also bring a good return on investment shown by the payback period of the project. Calculations show that through the expected streams of income, the project will be able to pay off its liabilities within the first seven years. The streams of income are calculated from demand projections and then discounting the net pr esent value of cash flows from the project. The project will also meet other stakeholders’ expectations for its success. The projects will receive certification from the chamber of commerce, the employees will be insured, and the funds will be provided to cater for support and guidance of the business and handle other issues such as recruiting exercises and carrying out of feasibility studies. Finally, the media company will market the project, the research team will do market analysis and also continuous development in the firm while the individual vendors will supply the project with equipments, materials and items needed for the project. The wind power project will meet the needs of all the stakeholders of the project. Implementation of the project is the last task of the project management team. Successful implementation will be crucial with them monitoring the project for continuous improvement in policies and procedure. Appendix Project Manager Task Time (months) Budget ($) Approval of logs of members periodical – Approval of budgets periodical – Coordination of duties periodical – Prepare quarterly reports 4 700 Assistant Project Manager Task Time (months) Budget ($) Monitor operation of departments periodical – Stand in for project manager periodical – Coordination of duties of departments periodical – Secure funds for project 1 – Financial Manager Task Time (months) Budget ($) Acquire funds 1 – Prepare budget 2 600 Prepare quarterly statements 3 300 Monitor use of funds by departments periodical – Marketing Manager Task Time (months) Budget ($) Manage advertisements periodical 2000 Consumer education 4 1500 Manage distribution 6 1200 Promotional campaigns periodical 1500 The project will be completed within the first year and performance of tasks must meet the budget. There are other tasks that are not listed, such as acquiring equipments and material and many other menial t asks. Swot Analysis This rivets a scrutiny of the strengths, disadvantages, opportunities and warnings to the project. The strengths to the project include: a receptive community that is adaptive to change its energy source, viable source of finance from the national bank, competent management team for the project, a good location for the wind farm and a competitive business environment for the business characterized by other supporting business such as banks, media companies and other firms. The weaknesses are those issues that may hinder the business from meeting its goals and objectives. The business may be exposed to risks when setting up the wind farm in the community. According to Bohm (2009, p. 19), lack of experience in the location of the business may be exposed to unforeseen risks that will distort future flow of income from the project. The risks include competition from other renewable energy sources, change in public opinion as related to renewable energy sources, maint aining a good public image of the company and having competent and motivated employees. The opportunities of the business include: continuous research and development by the research team. Research and development can lead to quality products and services offered to the consumer. It will lead to capturing of the market niche by the company. The threats that may hinder the success of the business include: change in public opinion due to the company’s failure to meet the demand of the society, change in legislation that the business may not be able to comply to and increased competition from other sources of energy such as non-renewable energy and other sources of renewable energy. The project management team will in-calculate the above analysis to best capitalize on the strengths and opportunities of the business will, at same time devising strategies to minimize the weaknesses and threats to the business. For the business to survive in the competitive and swiftly varying sett ing, the project managers should put in place mechanisms to continually adjust to the needs of every stakeholder, to ensure success of the company in the long run. References Bohm, A., 2009. The Swot Analysis. Grin Verlag, Munchen. Kaltschmitt, M., 2010. Renewable Energy: Technology, Economics and Environment. Springer, New York. Sorensen, B., 2010. Renewable Energy: Physics, Engineering, Environmental Impacts, Economics Planning. Academic Press, Massachusetts. Twidell, J., 2006. Renewable Energy Resources. Taylor Francis, London. This report on Renewable Energy: Wind Generating Plant for the Local Community was written and submitted by user J0nah to help you with your own studies. 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