-No Topic- Essay Example | Topics and Well Written Essays - 2000 words

-No Topic- - Essay Example Warren et al 2012 say that professionals in this field; accountants must be competent enough to deal with accounting information in relation to potential users. Essentially, it is argued that accounting information should be relied upon the titles of the potential users. Thus accountants must be extremely clear on whom and what purpose accounting information is been given to. Significantly, several groups of people may require such information for both their interest and that of a given organisation. Some of the potential users include; customers, government, managers, suppliers competitors among others (Martin 2009; McLaney and Atrill 2010). According to Gelinas et al 2012, accounting information might not be able to give solid decisions or definite answer to potential users as it is a field that continuous grows in relation to various advancements. None the less, this kind of information is crucial in ensuring that uncertainty is reduced in businesses with reference to their assumed financial position and the overall performance (Bisen 2009). As such, accounting information has three major roles in businesses; rewarding and or payment of employees, repayment of loans, and the reimbursement of money to business owners. Conversely, there are alternative sources of information which might be derived from published articles such as newspapers and magazines which at times is not accurate thus giving conflicting statement on financial matters of given businesses (Peng 2011). According to numerous research that have been analyzed by financial scholars, it is evident that accounting information ranges among the few relied on sources of financial wellbeing and related information on businesses as opposed to other sources. Duening and Click (2004) articulate that most major companies have relied on accounting information in ensuring that checks and balances in their financial

Healthcare Fraud Resulting in Fewer Referrals to Homecare Services Research Proposal

Healthcare Fraud Resulting in Fewer Referrals to Homecare Services - Research Proposal Example In fact, considering that the data on direct losses that is available regarding health care fraud today quite significantly underestimate the real value of the cost. While the healthcare fraud may not be very pronounced in the public domain currently, it may not be ignored as it has a potential of growing to astronomic levels given time and left unattended. Fraud has undermined the value of studies on healthcare practices, organization, and financing. In the healthcare sector, fraud has presented itself as a multi-faceted demon involving both individuals and corporate organizations. While some officials engaging in the provision of fraudulent or inaccurate data with an aim of getting corporate approval, some organizations engage in the withholding of data that may damage their reputation, the reputation of their products or researchers. The effects of health care fraud have far-reaching effects on the overall performance of the sector. Cases of fraud have for example impacted negatively the relationship between physicians and patients, and by extension, their relatives. In a bid to curb the problem of health care fraud, a number of measures have been introduced by the US government. The new measures have also impacted the way physicians provide services to patients – both in-patient and out-patient. This being the case, it may be postulated that healthcare fraud has had an impact on referrals to healthcare services. This research seeks to establish the existence of a correlation between health care fraud and the referral to home care services. Homecare caters for a wide range of social, medical and support services. Homecare services are entitled to people such as; the elderly, disabled people, those with long-term health conditions, terminally ill, chronically ill and to people who are recovering (Piper, Roberto, and Wacker, 2002).  

The Future of Nursing in an Evolving Health Care System Essay

The Future of Nursing in an Evolving Health Care System - Essay Example Furthermore, it will make the population lose their trust on the healthcare system. The maturing nursing workforce, low unemployment, and the worldwide nature of this deficiency intensify the ordinary elements that help nursing deficiencies. In order to sustain change and a sufficient supply of nurses, arrangements must be made in few areas, i.e. training, health care frameworks, approaches, and regulations. There are two primary strategies that have been utilized to address the inconsistency between the supply and demand in nursing. These are expanded nursing system enlistment, and the importation of nurses from different countries. Apparently, these interventions have not been able to make any changes; given the desperate circumstances other countries nursing pools likewise impart (Janiszewski, 2003). As scientists analyze what inspires nurses to stay in their current workplaces, they have come up with the following: saw self-rule, workload, distinguishing, planning, administrations authority abilities, home obligations, and peer connections in the work environment affect a medical attendants choice to remain in duty (Kimball & ONeal, 2002). However, this shortage is not exclusively a nursings issue and obliges a community oriented exertion among nursing pioneers and health care administrators, government, and the

Online Shopping Essay Example for Free

Online Shopping Essay Online shopping or online retailing is a form of electronic commerce allowing consumers to directly buy goods or services from a seller over the Internet without an intermediary service. An online shop, e-shop, e-store, Internet shop, web-shop, web-store, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping center. The process is called business-to-consumer (B2C) online shopping. When a business buys from another business it is called business-to-business (B2B) online shopping. The largest online retailing corporations are E-Bay and Amazon.com, both of which are based in the US. History In 1990, Tim Berners-Lee created the first World Wide Web server and browser.[1] It opened for commercial use in 1991. In 1994, other advances took place, such as online banking and the opening of an online pizza shop by Pizza Hut.[1] During that same year, Netscape introduced SSL encryption of data transferred online, which has become essential for secure online shopping. Also in 1994, the German company Intershop introduced its first online shopping system. In 1995, Amazon.com launched its online shopping site, and in 1996 eBay appeared. Customers Online customers must have access to a computer and a method of payment. Generally, higher levels of education, income, and occupation of the head of the household correspond to more favorable perceptions of shopping online. Also, increased exposure to technology increases the probability of developing favorable attitudes towards new shopping channels.[2] In a December 2011 study, Equation Research found that 87% of tablet users made an online transaction with their tablet device during the early holiday shopping season. Logistics Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine. Once a particular product has been found on the website of the seller, most online retailers use shopping cart software to allow the consumer to accumulate multiple items and to adjust quantities, like filling a physical shopping cart or basket in a conventional store. A checkout process follows (continuing the physical-store analogy) in which payment and delivery information is collected, if necessary. Some stores allow consumers to sign up for a permanent online account so that some or all of this information only needs to be entered once. The consumer often receives an e-mail confirmation once the transaction is complete. Less sophisticated stores may rely on consumers to phone or e-mail their orders (though credit card numbers are not accepted by e-mail, for security reasons). Payment Online shoppers commonly use a credit card to make payments. However, some systems enable users to create accounts and pay by alternative means, such as: * Billing to mobile phones and landlines[4][5] * Cash on delivery (C.O.D., offered by very few online stores) * Cheque/ Check * Debit card * Direct debit in some countries * Electronic money of various types * Gift cards * Postal money order * Wire transfer/delivery on payment * Invoice, especially popular in some markets/countries, such as Switzerland Some sites will not accept international credit cards. Some require both the purchasers billing address and shipping address to be in the same country in which the site does its business. Other sites allow customers from any country to send gifts anywhere. The financial part of a transaction might be processed in real time (for example, letting the consumer know their credit card was declined before they log off), or might be done later as part of the fulfillment process. Product delivery Once a payment has been accepted the goods or services can be delivered in the following ways. * Downloading: This is the method often used for digital media products such as software, music, movies, or images. * Drop shipping: The order is passed to the manufacturer or third-party distributor, who ships the item directly to the consumer, bypassing the retailers physical location to save time, money, and space. * In-store pick-up: The customer orders online, finds a local store using locator software and picks the product up at the closest store. This is the method often used in the bricks and clicks business model. * Printing out, provision of a code for, or emailing of such items as admission tickets and scrip (e.g., gift certificates and coupons). The tickets, codes, or coupons may be redeemed at the appropriate physical or online premises and their content reviewed to verify their eligility (e.g., assurances that the right of admission or use is redeemed at the correct time and place, for the correct dollar amount, and for the correct number of uses). * Shipping: The product is shipped to the customers address or that of a customer-designated third party. * Will call, lCOBO (in Care Of Box Office), or at the door pickup: The patron picks up pre-purchased tickets for an event, such as a play, sporting event, or concert, either just before the event or in advance. With the onset of the Internet and e-commerce sites, which allow customers to buy tickets online, the popularity of this service has increased. Shopping cart systems * Simple systems allow the offline administration of products and categories. The shop is then generated as HTML files and graphics that can be uploaded to a webspace.the systems do not use an online database. * A high end solution can be bought or rented as a stand-alone program or as an addition to an enterprise resource planning program. It is usually installed on the companys own webserver and may integrate into the existing supply chain so that ordering, payment, delivery, accounting and warehousing can be automated to a large extent. * Other solutions allow the user to  register and create an online shop on a portal that hosts multiple shops at the same time. * Open source shopping cart packages include advanced platforms such as Interchange, and off the shelf solutions as Avactis, osCommerce, Shopify, Magento, Zen Cart, VirtueMart, Batavi, PrestaShop, E-Junkie, Clickbank, Fetch, DPD, Pulley, BitBuffet, Dbox, PayLoadz, FastSpring, Cerizmo, Digital Content Center, byteCommerce, PHPurchase.[6] * Commercial systems such as BigCommerce can also be tailored to ones needs so the shop does not have to be created from scratch. By using a pre-existing framework, software modules for various functionalities required by a web shop can be adapted and combined. Online shopping Like many online auction websites, many websites allow small businesses to create and maintain online shops (ecommerce online shopping carts), without the complexity that involved in purchasing and developing an expensive stand-alone ecommerce software solutions. Design Customers are attracted to online shopping not only because of the high level of convenience, but also because of the broader selection, competitive pricing, and greater access to information.[7][8] Business organizations seek to offer online shopping because it is much lower cost compared to bricks and mortar stores, offers access to a world wide market, increases customer value and builds sustainable capabilities.[clarification needed] Information load Designers of online shops are concerned with the effects of information load whether consumers can be given too much information in virtual shopping environments. Information load is a product of the spatial and temporal arrangements of stimuli in the webstore.[10] Compared with conventional retail shopping, the information environment of virtual shopping is enhanced by providing additional product information such as comparative products and services as well as various alternatives and attributes of each alternative, etc.[11] Two major dimensions of information load are complexity and novelty.[12] Complexity refers to the number of different elements or features of a site, often the result of increased information diversity. Novelty involves the unexpected, suppressed, new, or unfamiliar aspects of the site. The novelty dimension may keep consumers exploring a shopping site, whereas the complexity dimension may induce impulse purchases. Consumer needs and expectations A successful webstore is not just a good looking website with dynamic technical features, listed in many search engines.[13] In addition to disseminating information, it is about building relationships and making money. Businesses often attempt to adopt online shopping techniques without understanding them and/or without a sound business model, producing webstores that support the organizations culture and brand name without satisfying consumers expectations. User-centered design is critical. Understanding the customers wants and needs and living up to promises gives the customer a reason to come back and meeting their expectations gives them a reason to stay. It is important that the website communicates to the customer that the company cares about them.[13] Customer needs and expectations are not the same for all customers. Age, gender, experience, culture are all important factors. For example, Japanese cultural norms may lead users there to feel privacy is especially critical on shopping sites and emotional involvement is highly important on financial pensions sites.[9] Users with more online experience focus more on the variables that directly influence the task, while novice users focus on understanding the information.[14] To increase online purchases, businesses must expend significant time and money to define, design, develop, test, implement, and maintain the webstore.[13] It is easier to lose a customer than to gain one and even top-rated sites will not succeed if the organization fails to practice common etiquette such as returning e-mails in a timely fashion, notifying  customers of problems, being honest, and being good stewards of the customers data.[13] Because it is important to eliminate mistakes and be more appealing to online shoppers, many webshop designers study research on consumer expectations.[15] User interface An automated online assistant, with potential to enhance user interface on shopping sites. The most important factors determining whether customers return to a site are ease of use and the presence of user-friendly features.[16] Usability testing is important for finding problems and improvements in a web site. Methods for evaluating usability include heuristic evaluation, cognitive walk through, and user testing. Each technique has its own characteristics and emphasizes different aspects of the user experience.[16] Market share E-commerce B2C product sales totaled $142.5 billion,[3] representing about 8% of retail product sales in the United States.[17] The $26 billion worth of clothes sold online represented about 13% of the domestic market,[18] and with 72% of women looking online for apparel, it has become one of the most popular cross-shopping categories.[19] Forrester Research estimates that the United States online retail industry will be worth $279 billion in 2015.[20] There were 242 million people doing online shopping in China in 2012.[21] For developing countries and low-income households in developed countries, adoption of e-commerce in place of or in addition to conventional methods is limited by a lack of affordable Internet access. Advantages Convenience Online stores are usually available 24 hours a day, and many consumers have Internet access both at work and at home. Other establishments such as internet cafes and schools provide access as well. A visit to a conventional retail store requires travel and must take place during business hours. In the event of a problem with the item it is not what the consumer ordered,  or it is not what they expected—consumers are concerned with the ease with which they can return an item for the correct one or for a refund. Consumers may need to contact the retailer, visit the post office and pay return shipping, and then wait for a replacement or refund. Some online companies have more generous return policies to compensate for the traditional advantage of physical stores. For example, the online shoe retailer Zappos.com includes labels for free return shipping, and does not charge a restocking fee, even for returns which are not the result of merchant error. (Note: In the United Kingdom, online shops are prohibited from charging a restocking fee if the consumer cancels their order in accordance with the Consumer Protection (Distance Selling) Act 2000).[22] Information and reviews Online stores must describe products for sale with text, photos, and multimedia files, whereas in a physical retail store, the actual product and the manufacturers packaging will be available for direct inspection (which might involve a test drive, fitting, or other experimentation). Some online stores provide or link to supplemental product information, such as instructions, safety procedures, demonstrations, or manufacturer specifications. Some provide background information, advice, or how-to guides designed to help consumers decide which product to buy. Some stores even allow customers to comment or rate their items. There are also dedicated review sites that host user reviews for different products. Reviews and now blogs gives customers the option of shopping cheaper organise purchases from all over the world without having to depend on local retailers. In a conventional retail store, clerks are generally available to answer questions. Some online stores have real-time chat features, but most rely on e-mail or phone calls to handle customer questions. Price and selection One advantage of shopping online is being able to quickly seek out deals for items or services with many different vendors (though some local search engines do exist to help consumers locate products for sale in nearby  stores). Search engines, online price comparison services and discovery shopping engines can be used to look up sellers of a particular product or service. Shipping costs (if applicable) reduce the price advantage of online merchandise, though depending on the jurisdiction, a lack of sales tax may compensate for this. Shipping a small number of items, especially from another country, is much more expensive than making the larger shipments bricks-and-mortar retailers order. Some retailers (especially those selling small, high-value items like electronics) offer free shipping on sufficiently large orders. Another major advantage for retailers is the ability to rapidly switch suppliers and vendors without disrupting users shopping experience.. Disadvantages Fraud and security concerns Given the lack of ability to inspect merchandise before purchase, consumers are at higher risk of fraud on the part of the merchant than in a physical store. Merchants also risk fraudulent purchases using stolen credit cards or fraudulent repudiation of the online purchase. With a warehouse instead of a retail storefront, merchants face less risk from physical theft. Secure Sockets Layer (SSL) encryption has generally solved the problem of credit card numbers being intercepted in transit between the consumer and the merchant. However, one must still trust the merchant (and employees) not to use the credit card information subsequently for their own purchases, and not to pass the information to others. Identity theft is still a concern for consumers when hackers break into a merchants web site and steal names, addresses and credit card numbers. A number of high-profile break-ins in the 2000s has prompted some U.S. states to require disclosure to consumers when this happens. Computer security has thus become a major concern for merchants and e-commerce service providers, who deploy countermeasures such as firewalls and anti-virus software to protect their networks. Phishing is another danger, where consumers are fooled into thinking they are dealing with a reputable retailer, when they have actually been manipulated into feeding private information to a system operated by a malicious party. Denial of service attacks are a minor risk for merchants, as are server and network outages. Quality seals can be placed on the Shop web page if it has undergone an independent assessment and meets all requirements of the company issuing the seal. The purpose of these seals is to increase the confidence of the online shoppers; the existence of many different seals, or seals unfamiliar to consumers, may foil this effort to a certain extent. A number of resources offer advice on how consumers can protect themselves when using online retailer services. These include: * Sticking with known stores, or attempting to find independent consumer reviews of their experiences; also ensuring that there is comprehensive contact information on the website before using the service, and noting if the retailer has enrolled in industry oversight programs such as trust mark or trust seal. * Before buying from a new company, evaluate the website by considering issues such as: the professionalism and user-friendliness of the site; whether or not the company lists a telephone number and/or street address along with e-contact information; whether a fair and reasonable refund and return policy is clearly stated; and whether there are hidden price inflators, such as excessive shipping and handling charges. * Ensuring that the retailer has an acceptable privacy policy posted. For example note if the retailer does not explicitly state that it will not share private information with others without consent. * Ensuring that the vendor address is protected with SSL (see above) when entering credit card information. If it does the address on the credit card information entry screen will start with HTTPS. * Using strong passwords, without personal information. Another option is a pass phrase, which might be something along the lines: I shop 4 good a buy!! These are difficult to hack, and provides a variety of upper, lower, and special characters and could be site specific and easy to remember. Although the benefits of online shopping are considerable, when the process goes poorly it can create a thorny situation. A few problems that shoppers potentially face include identity theft, faulty products, and the accumulation of spyware. Whenever you purchase a product, you are going to be required to put in your credit card information and billing/shipping address. If the website is not secure a customers information can be accessible to anyone who knows how to obtain it. Most large online corporations are inventing new ways to make fraud more difficult, however, the criminals are constantly responding to these developments with new ways to manipulate the system. Even though these efforts are making it easier to protect yourself online, it is a constant fight to maintain the lead. It is advisable to be aware of the most current technology and scams out there to fully protect yourself and your finances.[20]. One of the hardest areas to deal with in online shopping is the delivery of the products. Most companies offer shipping insurance in case the product is lost or damaged; however, if the buyer opts not to purchase insurance on their products, they are generally out of luck. Some shipping companies will offer refunds or compensation for the damage, but it is up to their discretion if this will happen. It is important to realize that once the product leaves the hands of the seller, they have no responsibility (provided the product is what the buyer ordered and is in the specified condition). Lack of full cost disclosure The lack of full disclosure with regards to the total cost of purchase is one of the concerns of online shopping. While it may be easy to compare the base price of an item online, it may not be easy to see the total cost up front as additional fees such as shipping are often not be visible until the final step in the checkout process. The problem is especially evident with cross-border purchases, where the cost indicated at the final checkout screen may not include additional fees that must be paid upon delivery such as duties and brokerage. Some services such as the Canadian based Wishabi attempts to include estimates of these additional cost,[23] but nevertheless, the lack of general full cost disclosure remains a concern. Privacy Privacy of personal information is a significant issue for some consumers. Different legal jurisdictions have different laws concerning consumer privacy, and different levels of enforcement. Many consumers wish to avoid spam and telemarketing which could result from supplying contact information to an online merchant. In response, many merchants promise not to use consumer information for these purposes, or provide a mechanism to opt-out of such contacts. Many websites keep track of consumers shopping habits in order to suggest items and other websites to view. Brick-and-mortar stores also collect consumer information. Some ask for address and phone number at checkout, though consumers may refuse to provide it. Many larger stores use the address information encoded on consumers credit cards (often without their knowledge) to add them to a catalog mailing list. This information is obviously not accessible to the merchant when paying in cash. Hands-on inspection Typically, only simple pictures and or descriptions of the item are all a customer can rely on when shopping on online stores. If the customer does not have prior exposure to the items handling qualities, they will not have a full understanding of the item they are buying. However, Written and Video Reviews are readily available from consumers who have purchased similar items in the past. These can be helpful for prospective customers, but these reviews can be sometimes subjective and based on personal preferences that may not reflect end-user satisfaction once the item has been received. Because of this, many consumers have begun going to real-world stores to view a product, before purchasing online, a practice known as showrooming[24] (using the store as a showroom for the online merchant). Brick-and-mortar merchants have responded with various countermeasures. For example, Target has requested distributors give them equally low prices, or alternatively, exclusive products available at their store only.[24] Product suitability This section needs additional citations for verification. Please help  improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (March 2012) Many successful purely virtual companies deal with digital products, (including information storage, retrieval, and modification), music, movies, office supplies, education, communication, software, photography, and financial transactions. Other successful marketers use drop shipping or affiliate marketing techniques to facilitate transactions of tangible goods without maintaining real inventory. Some non-digital products have been more successful than others for online stores. Profitable items often have a high value-to-weight ratio, they may involve embarrassing purchases, they may typically go to people in remote locations, and they may have shut-ins as their typical purchasers. Items which can fit in a standard mailbox—such as music CDs, DVDs and books—are particularly suitable for a virtual marketer. Products such as spare parts, both for consumer items like washing machines and for industrial equipment like centrifugal pumps, also seem good candidates for selling online. Retailers often need to order spare parts specially, since they typically do not stock them at consumer outlets—in such cases, e-commerce solutions in spares do not compete with retail stores, only with other ordering systems. A factor for success in this niche can consist of providing customers with exact, reliable information about which part number their particular version of a product needs, for example by providing parts lists keyed by serial number. Products less suitable for e-commerce include products that have a low value-to-weight ratio, products that have a smell, taste, or touch component, products that need trial fittings—most notably clothing—and products where colour integrity appears important. Nonetheless, some web sites have had success delivering groceries and clothing sold through the internet is big business in the U.S. Aggregation High-volume websites, such as Yahoo!, Amazon.com and eBay, offer hosting  services for online stores to all size retailers. These stores are presented within an integrated navigation framework. Collections of online stores are sometimes known as virtual shopping malls or online marketplaces. Impact of reviews on consumer behaviour One of the great benefits of online shopping is the ability to read others reviews, which could be from experts or simply fellow shoppers on one product and service. The Nielsen Company conducted a survey in March 2010 and polled more than 27,000 Internet users in 55 markets from the Asia-Pacific, Europe, Middle East, North America and South America to look at questions such as How do consumers shop online?, What do they intend to buy?, How do they use various online shopping web pages?, and the impact of social media and other factors that come into play when consumers are trying to decide how to spend their money on which product or service. According to that research,[25] reviews on electronics (57%) such as DVD players, cell phones or PlayStations and so on, reviews on cars (45%), and reviews on software (37%) play an important role and have influence on consumers who tend to make purchases and buy online. In addition to online reviews, peer recommendations on the online shopping pages or social media play a key role[26] for online shoppers while researching future purchases of electronics, cars and travel or concert bookings.[27] On the other hand, according to the same research,[25] 40% of online shoppers indicate that they would not even buy electronics without consulting online reviews first.

Insider Trading Essay Example for Free

Insider Trading Essay Our era aptly has been styled, and well may be remembered as, the age of information. Francis Bacon recognized nearly 400 years ago that knowledge is power, (Nickels ,McHugh 2011) â€Å"Insider trading is an unethical activity in which insiders use private company information to further their own fortunes or those of their families or friends†. Pg.101 Insider trading is a term that includes both legal and illegal conduct. The legal version is when corporate insiders—officers, directors, and employees—buy and sell stock in their own companies. Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. (Agnello Donnelley 1975) Stated if every member of a community has unlimited access to the resources of the community, then the communitys resources soon will be used up unless they happen to be available in infinite supply. The system of private ownership of assets, by contrast, effectively can use the price system to ration the assets in such a way as to preserve them properly and to benefit all members of the community. pg. 521 The Insider Trading Debate Arthur Levitt stated in 1998 that more Americans were investing in the stock market than ever before and Americans had almost twice as much money invested in the stock market as in commercial banks. The illegal version of insider trading most of us think of; is the type of insider trading that achieved wide-spread in the 1980’s with the SECs civil cases and the United States Department of Justices criminal cases against Michael Milken and Ivan Boesky which inspired even Hollywoods imagination with the movie Wall Street. It is the trading that takes place when those privileged with confidential information about important events use the special advantage of that knowledge to reap profits or avoid losses on the stock market, to the detriment of the source of the information and to the typical investors who buy or sell their stock without the advantage of inside information. According to ( Manne 1966) â€Å"Some argue that insider trading is a legitimate form of compensation for corporate employees, permitting lower salaries that, in turn, benefit shareholders. It provides an incentive to innovation, some argue, by promising huge rewards for developing a plan or product that will lead to a precipitous rise in the stock†. (Easterbrook 1985). Found that â€Å"Members of the legal community denounce the practice of insider trading. They view insider trading as an unethical abuse of power by corporate officers and directors. people who have invested resources to develop their human capital to better assimilate information, or corporate officers and directors are always going to have superior access to information†. The case of USA vs Raj Rajaratnam An excellent example referring to insider trading would be the Raj Rajaratnam incident. (Belczyk U.S. Attorney’s Office 2011). A federal jury in the US District Court for the Southern District of New York found that Galleon Group hedge fund founder Raj Rajaratnam orchestrated the largest hedge fund insider trading case in US history and convicted Rajaratnam on all 14 counts of insider trading including; five counts of conspiracy to commit securities fraud and nine counts of committing securities fraud from 2003 to March 2009. In just over 18th months, this office has charged 47 individuals with insider trading crimes; Rajaratnam is the 35 person to be convicted. On Oct. 2011 Rajaratnam was sentenced to 11 years in prison In addition to his prison term, Rajaratnam was sentenced to two years of supervised release and ordered to pay forfeiture in the amount of $53,816,434 and a $10 million fine. RAJARATNAM will surrender to authorities on November 28, 2011. (Richey 2011) On Janu ary 20, 2011 Danielle Chiesi was arrested in 2009 along with Galleon Group hedge fund founder Raj Rajaratnam. After pleading guilty in connection with the case and was accused of communicating non-public information about IBM Corporation, Advanced Microdevices (AMD) and Sun Microsystems (now Sun-Oracle) in 2008 and 2009 to her superiors at New Castle Funds LLC, a Manhattan-based investment advisory company formerly part of Bear Stearns. Danielle was accused of using the information to reap more than $4 million in illegal profits for New Castle. Danielle Chiesi admitted to exploiting her access to valuable non-public information to reap $1.7 million in illegal gains. By sharing and conspiring to trade on inside information, Chiesi compromised the companies she sold out and distorted the market for their stocks. (Richey 2011) Former IBM senior vice president Robert Moffat was sentenced to six months in prison in September and ordered him to pay a $50,000 fine for his role in the scheme after pleading guilty in March 2010. Former Intel Capital executive Rajiv Goel pleaded guilty to insider trading charges in February 2010. Rajaratnam, Chiesi, Goel and Moffat were arrested in October 19, 2009 and charged along with two other individuals and two business entities with insider trading. The complaint alleged that the individuals provided Galleon Group and another hedge fund with material nonpublic information about several corporations upon which the funds traded, generating $25 million in illicit gain. References Agnello Donnelley, Property Rights and EJjiciency in the Oyster Industry, 18 J.L. ECON. (1975) pg. 521 Easterbrook, Insider Trading as an Agency Problem, in PRINCIPALS AND AGENTS: THE STRUCTURE OF BUSINESS (Pratt Zeckhauser eds. 1985). Pg. 330 Henry B. Manne, Insider Trading and the Stock Market (1966) (insider trading increases market efficiency because it produces desirable incentives on corporate managers). Retrieved from: http://www.sec.gov/news/speech/speecharchive/1966speech.shtml Jaclyn Belczyk U.S. ATTORNEYS OFFICE(2011) May 11, 2011. Retrieved from: http://jurist.org/paperchase/2011/05/us-hedge-fund-founder-convicted-of-insider-trading.php Jurist Legal News Research (2011): Jaclyn Belczyk, Daniel Richey Retrieved from: http://jurist.org Testimony of Arthur Levitt Concerning Appropriation for Fiscal Year 1999; March 19, 1998 Before the Subcommittee on Commerce, Justice, State and Judiciary of the Senate Committee Appropriations. Retrieved from: http://www.sec.gov/news/speech/speecharchive/1998/spch221.htm Understanding Business Nickels, McHugh, McHugh pg. 101 United States Attorney Southern District of New York (2011), U.S. ATTORNEYS OFFICE ELLEN DAVIS, CARLY SULLIVAN,JERIKA RICHARDSON,EDELI RIVERAPUBLIC INFORMATION OFFICE: Retrieved from: http://www.justice.gov/usao/nys/pressreleases/May11/rajaratnamrajverdictpr.pd

History Of Homelessness In America

History Of Homelessness In America Homelessness is a social problem that relates to the condition of people without a regular private house and shelter. People passing through social issue of homelessness are most often not capable to obtain and preserve standard, harmless, protected, and satisfactory accommodation, or lack fixed, regular, and adequate night-time residence. There is no standard definition of homelessness and it differs from region to region, or among different entities or institutions in the same country or region. The scope of homeless is vary vast and it also comprise people whose prime night-time dwelling is in a homeless shelter, a warming center, a domestic violence shelter, cardboard boxes or other informal housing situation. In USA people also are covered under homeless record and are included in research studies who sleep in a public or private place not intended for use as an expected sleeping place for human beings. From different researches its predicted that almost 100 million people acros s globe were homeless in 2005. In western regions and areas of world the large majority of homeless are men (75-80%) (Culhane and Associates, 2012). History of Homelessness in America: Homelessness is not a contemporary issue it is predicted that it is found in American society in the early ages of 1640. In early history the homelessness was related to moral issue and obligation and people who were homeless visit town to town to prove their worth but in recent era it is more related to a social problem. People who are homeless are facing severe issue is contemporary world related to health and social initiatives. Homelessness can be caused from several perspectives. From different researches it is depicted that the most common caused behind homelessness are industrialization, wars, natural disasters, racial inequalities, medical problems, character flaws, etc. industrial revolution started in 1820s. This gives rise to migrations of people from rural areas to urban areas that give rise to the main causes of homelessness because of job searches and earn living standard. Violent crimes also started because of this migration and sudden rise in population. The policies at that time also lead to devastating issues relating death and mental illness because of homelessness. The major rise was faced in 1850s when most parents send their young children to remain independent because of rise in cost of living, this give rise to adults homelessness. The civil wars also give rise to homelessness in 1890s most people were homeless because of several causes from the civil war destructions. Another most important cause relates back to natural disasters i.e. Earthquake, fires, and Droughts caused in 1920s and 30s. The causes give rise to poverty and thus people lack support to build their houses. The income level drops because of increased population and unemployment which also moved society towards increase rate of homeless people. The financial crisis recently gives rise to more destructive situation that leads towards enhanced homelessness problem. The contemporary homelessness can be seen in surrounding that many children, youth, and old age people are hom eless (Culhane, 2008). Causes of Homelessness: Different researches are done to find the main causes that lead to homelessness. The causes can be categorized into three areas that are personal, structural, and homeless peoples own causes. Personal Issues: There are several personal and social factors that lead to homelessness. The common factors are outlined below: Individual factors: like drug abuse, character flaws, lacking qualifications, debts, no social support, poor health regarding mental and physical conditions, peer relations of bad company. Family factors: disputes and family conflicts, physical and sexual abuse while adulthood and family background of homelessness. Institutional factors: living in foster care, as prisoner, and employed in armed forces. Structural Issues: There are several social and economic problems that cause this homelessness. Some common causes are outlined below: Unemployment Poverty Lack of affordability Policies relating housing Structure of housing benefits Wide policy development relating hospitality and criminal issues Homeless People Views: The three main reasons identified through reviewing opinions of homeless people about their reasons of leaving home are family and peers pressures to leave them, relationship disputes and violence at home, loss of temporary dwelling (Dr. Lynn et al., 2006). Problems faced by Homeless People: There are several risks that are associated with people who are passing through state of homelessness. The problems can be categorized as basic and devastating. The problems are outlined below: Lacking personal security, silence, and privacy, especially for sleeping Lacking safekeeping of bedding, clothing and possessions, which may have to be carried at all times Lacking facilities for hygiene No place for cleaning and drying clothes Lacking affordability to acquire, prepare, and store food No social contacts because of no permanent location or mailing address Antagonism and lawful authorities against metropolitan poverty. Compact admittance to health care and dental services. Little or no access to education. Increased jeopardy of affliction from violence and abuse. Common denial or intolerance from other people. Loss of accustomed relationships and association with the mainstream Lacking qualification for employment. Reduced access to banking services because of lacking collateral Reduced access to communications technology (Echenberg Jensen, 2009). Assistance and Resources for Homeless People: Many researches relating homelessness and homeless people have diverted the attention of government and other institutions to support and fund the needs of the homeless people. Many countries run the assistance programs for the homeless people and provide them with food, shelter, and clothing and sometimes most augmented services. Many non-government organizations also run support programs with help of funding from volunteers. Social support is provided by homeless people to other homeless people. They run their own community and support one another in different needs. Formal assistant is also provided through government, religious organizations, charities, other ministries. Many organizations are working to provide income support through employment opportunities like street newspapers selling. Other income sources are through employing little works like playing music, performing magic and other arts. Many homeless people commit little crimes to be jailed to have food and shelter for some days (Foweler et al., 2009). Refuges for Homeless: There are many refuges that are used by homeless people to be used as temporary place for shelter and sleep. Some common refuges are outlined below: Sleeping bags Tent Cardboard box Abandoned buildings Cars and trucks Wagons and other public vehicles Parks, pavement, and bus stations Train tunnels etc. Proposed Solutions for Homeless: Housing First / Rapid Re-housing: Many governments are taking steps to eliminate the homelessness. The USA government asked almost every state and city to enhance the standard of living of homeless people. the 10 years plans are planned and are in process to be implemented to eliminate the homelessness and one of the results of this was a Housing first solution, also known as rapid re-housing. These policies facilitate quickly to get a homeless person permanent housing of some sort and the necessary support services to maintain and hold a new home. There are many impediments of this kind of program and there must be solutions to augment these programs to make such an initiative work successfully in the middle to long term. Supportive housing: Supportive housing is a related to provide the basic necessities to the homeless people. It is the combination of housing and services proposed in a cost-effective way to facilitate and support needy people live more stable and productive lives. Supportive housing provides special programs for those who are in most challenging situations. The audiences for this program are individuals and families confronted with homelessness and who also have very low incomes. It also has increases coverage and scope and therefore incorporates substance abuse, addiction or alcoholism, mental illness, HIV/AIDS, or other serious challenges to a standard and productive life. Pedestrian Villages: Many researchers are proposed several solutions to enhance the lives of homeless people. The most common solution proposed is relating notorious national solution for homelessness that would engross building nearly carefree Pedestrian Villages. This policy and solution is termed as the current Band-Aid approach to the problem. Example of this policy is Tiger Bay Village that was proposed to create caring society for homeless people. This policy states that this program and support would be better-quality for indulgence the psychological as well as psychiatric needs of both temporarily and permanently homeless adults. This policy was based on the cost-effective solution thus aimed to provide opportunities and support and cost less than the current approach. This policy also enhanced the homeless people living by moving them away from criminal acts to take shelter in prisons. Work opportunities are also provided and constitute construction and maintenance of the villages. It also focus es on the creation of work force agencies that help to make the villages financially and socially feasible and practical. Transitional housing: Transitional Housing endows with impermanent housing for the certain audience of the homeless population. The target group constitutes of working class of homeless people who are on verge of setting up to changeover their residents into enduring and inexpensive housing. It is not a temporary shelter house for homeless but typically a room or apartment in a habitation with support services. The intermediary time can be short ranging from 1 to 2 years and in that time the person must file for and get permanent housing and usually some gainful employment or income, even if Social Security or assistance. From time to time the transitional housing habitation program incriminates a room and board fee that can be a standard percentage of an individuals income. This fee is sometimes partially or fully refunded after the person acquires a permanent place to live in. In the USA centralized financial support for transitional housing programs was originally allocated in the McKinney act (Cohelen , 1997). Conclusions: The above study is based on the research work of other authors. The report started with the introduction to the homelessness relative to its broad meanings and is then proceed to the history, causes and underlying factors. The solutions are also provided to help states and countries to make remediation for the enhanced livings of homeless people and move them to productive life. The problem of homelessness is traced back to late history and is not a contemporary issue. There are several factors and underlying causes of homelessness out of which family conflicts and disruptions are rated as high. The issues that are faced by homeless people vary in range from more basic lacking facilities to higher levels of physical and mental destructions and illness. Many organizations along with governments are working to provide facilities and support the homeless people. Many volunteers are also working to augment the lives of homeless people by proving them with food, shelter, and clothing along with health facilities. Many support programs are also planned to support and facilitate the homeless people. Some common programs processed are housing fund and re-housing, transition housing support, and pedestrian villages.

Teenage Pregnancy and Crime :: essays research papers

teenage pregnancy and crime Lecture One Theoretical perspectives: early beginnings to present day Lecture Two Feminist challenges to youth and trouble: focus on teenage pregnancy and crime The academic literature on `delinquent youth’ arises in part from official concern over young people’s activities outside direct adult supervision by parents, teachers or employers. Griffin, C. (1993) Representations of Youth: The Study of Adolescence in Britain and America, Cambridge: Polity Press. and: A set of concerns about the activities of young people and their supervision by institutions or individuals representing the social order. Johnston, L. (1993:96) The Modern Girl: Girlhood and Growing Up, Sydney: Allen & Unwin Youth and trouble: theoretical perspectives Biological determinism Psychological theories Sociological theories Blumer’s symbolic interactionism rests on three premises: humans act towards things on the basis of meanings that the things have for them the meaning of things is derived from, or arises out of, the social interaction that one has with one’s fellows these meanings are handled in and modified through an interpretative process used by the person in dealing with the things he encounters. Hester & Eglin, 1992. In relation to criminal behaviour, symbolic interactionists concentrate on processes of social interaction in which: certain behaviour is prohibited by law, i.e. the process of crime definition through legislation certain acts and persons become subject to law enforcement, i.e. the process of crime selection by the police certain acts and persons become fitted with the label `criminal’ i.e. the process of crime interpretation by the courts criminal identity is developed, maintained and transformed (e.g.notion of careers). Labelling theorists interpret deviance not as a set of characteristics of individuals or groups, but as a process of interaction between deviants and non-deviants. Giddens, 1997: 178 Deviance is not the quality of the act a person commits but rather a consequence of the application by others of rules and sanctions to an offender. The deviant is one to whom that label has successfully been applied; deviant behaviour is behaviour that people so label. Becker, 1963:9 Critique of labelling theory Some acts are intrinsically wrong, such as murder. There are differences e.g. people from a deprived background may shoplift more than rich people; although deviant behaviour may increase after conviction, there may be other prior explanations for this. Labelling theory did not fully explain how what came to be seen as deviant was defined – the questions whose definitions, whose interests and why were not explored. Mainstream vs radical The mainstream perspective is positivist, empiricist and conservative, presenting itself as an apolitical and objective project.