Robin Hood The Story Of One Of The Most Compromising Heroes - 1100 Words

Robin Hood: The Story Of One Of The Most Compromising Heroes (Essay Sample) Content: Robin Hood Student’s Name Institutional Affiliation Ancient stories about adventures and the heroic works of the different hero, men and women have been discussed and passed over for some time. Each story, however, revolves around the endeavors of the heroic men and women in outdoing evil and bringing the good in the society to light and prevail. Most stories, therefore, revolve around defeating an evil leader or monster in the community and leading the people involved in the community in achieving the fruits of the defeat. The peace in community settings and regions is made only after the evil concept in the story has been defeated. In these cases, therefore most of the known heroic adventure revolves around battles with the evil entities and the death of the hero at the end of the story. However, the death does not come without the leader first accomplishing the set objectives of making his people end up in a peaceful community. The story if robin hood follows an almost similar course and has concepts of evil and objective of overcoming these crimes as will be seen in the discussion. The story is based on the ancient English world CITATION Gin10 \l 1033 (Gino Pierce, 2010). The first composition about robin hood was received in the 1370s. However, over time, different artistic and literature has represented the era of robin hood in their different work such as movie songs and stories, each of these, however, has a similar concept of representing a hero who used theft to accomplish his goals. Despite the approach, the motive of the theft was genuinely appreciative of the community. Robin hood was a skilled archer and therefore used a bow. He as considered to be a hero among the poor and deprived in the community but abhorred b the rich and affluent in the community. The reason was that he used his skills and precision in carrying out raid and thefts from the rich and donating the same stolen good to the poor in the community. Form this simple explanation we can perceive robin hood as being one of the most compromising heroes. In most cases, the perception of a hero is that all his deed is useful and benefit all in the community CITATION Sea09 \l 1033 (Seal, 2009). However, in this case, we can perceive that the hero used theft as his ways of achieving the goals of reduction of suffering from the poor in the community. He was also a skilled swordsman. Robin hood lived In England reign of King Henry the Second. The fame of robin hood was due to his methods and the bravery he had. The was also strong and could go against anyone he perceived to oppose the concept of the community and the rich who oppressed the poor in the community setting. The idea of robin hood was to minimize the suffering of the poor who were a majority in the era CITATION Rag13 \l 1033 (Raglan, 2013). However, in his activities, he happened to kill one of the relatives’ t the sheriff of the city of Nottingham, this led to the increased interest in his arrest form the sheriff. His first plan was to use archery contents to capture Robin. In his devious plan, the sheriff planned archery contents are knowing well that Robin was the most talented archer in the country and that he could not give up an opportunity to attend such an event and tournament. However, he came in disguise as a poor man and received the prize. The sheriff could not discern his form the poor man and therefore did not catch him. Later after the tournament, Robin wrote to the sheriff taunting his of his failure to catch him: ," Now heaven bless thy grace this day, say all is sweet in Sherwood, for thou didst give the prize away to merry Robin Hood." CITATION Rag13 \l 1033 (Raglan, 2013) This greatly angered the sheriff ad increased his focus and intentions of having the archer caught and brought to justice. However, his focus was on revenge rather than the justice part mostly. The location on which almost all the ballads and stories and poem on robin hood are the base is Sherwood Forest. Here most of the reference point toward robin hood and his band of Merrie men. The association with the men made a commonplace or reference to the part of associates he used to have who would assist in his activities. All the action in the different references however are based on these locations, and therefore the surrounding areas seemed to be the beneficiary region of the word of robin hood CITATION Buh11 \l 1033 (Buhle Hutchinson, 2011). Any time that robin hood would be captured if this occurred, he would be held in the Nottingham castle, but as record shows, he escaped with the help of his band of merry men. Robin hood representation of the many entities ho at a time when the law was being founded, a...

The Negative Effects of Smoking - 892 Words

Many people smoke in the United States and in every hour fifty one people die due to smoking which is about one person every minute. Even though smoking is bad it helps the government and the people. Smoking doesn’t kill a person it does more than that. It changes your appearance, health, and affects the people around you. Many people should understand that smoking is not good for their health. One should consider the consequences of smoking. Every time a person smokes they are just pulling the trigger to kill themselves. Smoking cigarettes is very injurious to one’s health. It has many negative effects on a person’s life. Cigarettes have a lot of chemicals in which half of them cause cancer. Also, smoking harms every part of the body and is the main cause of lung cancer. Smoking affects many parts of the body like the immune system, bones, heart, blood vessels, vision, breathing, and the lungs. For example the immune system is the body’s way of protecting itself from diseases and infections which means by smoking it makes one have respiratory infections. It causes a smoker to have diabetes and therefore a person has a higher rate of having type 2 diabetes. One of the other factors which contribute to smoking is that it affects the bones. It weakens the bones and most likely causes them to fracture. Other ways in which smoking affects the heart and blood vessels is the bulging blood vessels that can burst and cause death. Also, one could have high blood pressure andShow MoreRelatedNegative Effects Of Smoking1719 Words   |  7 PagesIntroduction Smoking causes 1,300 deaths daily in the U.S., and an estimated 5.6 million pre-mature deaths is expected among American youths18 years and younger due to a smoking-related illness if smoking continues at the current rate (CDC, 2017). According to the Center for Disease Control (CDC), there are currently 40 million adult smokers in the U.S. (CDC, 2017), and 763,960 of these residents are from Massachusetts (DPH, 2014). Smoking can cause various kinds of cancer such as those of the cervixRead MoreThe Negative Effects Of Smoking1492 Words   |  6 PagesSmoking not only hurts its users, but it hurts whole communities and the economy. Researchers believe that smoking began around 1 BCE, with recreational use becoming a common thing as soon as European settlers reached the Americas in the 15th century (Borio). Throughout the past centuries, tobacco has been used in many different ways. As more methods of utilizing tobacco have become possibilities, their negative effects on their users and other people have increased. In order to make the tobaccoRead MoreThe Negative Effects of Smoking1195 Words   |  5 Pages â€Å"Cigarettes destroy life. Toxic to the body. We are young generation. Confident for non-smokers.† This is motto of the Army Reserve Command to cultivate reserve officer training corps student and other youth to realize the harm of smoking. What is cigarette? cigarette under the Tobacco Act BE 2509 means that the tobacco or flavored tobacco, whether the drug or drugs to dry the compressed mixed or not. Which the cigarettes made with paper or object made instead of paper or dryRead MoreThe Negative Effects of Smoking1151 Words   |  5 PagesOne of the hardest things in life is saying goodbye to the ones you love for the very last time. Smoking is a life-threatening addiction that has brought this tragedy to millions of families at an accelerated pace and not all have been those who do smoke. No one wants to have to deal with tragedy, but nowadays there may be no way to avoid it. Unless, that is, our government intervenes, and puts something into place to end the threat of Secondhand Smoke exposure. I believe the one thing that can beRead MoreThe Negative Effects of Smoking Essay example2027 Words   |  9 Pages1.0 Introduction Smoking is considered a true addiction and is widespread throughout the world between the percentage of smokers at 47% of men and 12% of women who smoke, this causes cardiovascular diseases and deaths are caused by lung cancer and pharynx. Countries with low levels of socio-economic development ranked first in the ranks of the largest number of smokers with more than 15 years. The country sits at 46%, with a prevalence of 35% in people over the age of 15 years. This habit isRead MoreThe Negative Effects of Smoking Cigarettes Essay1525 Words   |  7 PagesSmoking cigarettes can be very harmful to your life with so many health issues, such as heart disease, cancer and emphysema. Some people think it’s not a huge issue smoking cigarettes but it’s a great way to lose ten years of your life. You lose lots of money, a lifetime of health issues, and cause you to have yellowing of the teeth and bad breath .There is way too many health risks involved to start using this drug. Say no to cigarettes you will be healthier in the end then to continue on this wrongfulRead MoreThe Negative Effects Of Smoking In Public Places1157 Words   |  5 Pages Smoking should be banned in public places The government of the United States, should ban smoking in all public places because of the adverse effects of passive smoking on smokers, non-smokers and the environment. In the recent years, the population of people who smoke in the US has significantly increased. People still choose to smoke even when they have adequate knowledge of how unhealthy smoking can be. Smoking is a personal choice for any individual. Moreover, it is a highly addictive habitRead MoreNegative Effects of Smoking on Human Health and the Economy1475 Words   |  6 Pages Moreover, smoking particularly adversely affects womens reproductive health, and smoke exposure on children has had detrimental and some sometimes fatal effects on children. Many studies have examined and outlined the adverse effects of maternal smoking on both the mother as well as on the baby and/or infant ( Hofhuis, de Jongste, Merkus, 2003 Woolbright 1994). Many states such as Alabama required documentation on birth certificates of tobacco use of mothers (Woolbright, 1994). Despite theRead MoreThe Negative Effects of Smoking Tobacco Essay examples1063 Words   |  5 PagesThe Negative Effects of Smoking Tobacco One may think they have benefits from smoking because they fit in the crowd. Of course, thats not true. Someone may tell you that if you smoke youll be cool and everyone will like you. Then the crowd that smokes will like you but others may not. Your family may think you are uncool since you smoke. Other friends that you had may start not liking you since they wont want to be around you when you smoke. You might start to rather smoke then beRead MoreReason Why Teenagers Age 13- 18 Years Old from Different Colleges and Universities Engage in Cigarette Smoking Despite Its Negative Effects2166 Words   |  9 PagesEngage Themselves to Smoking A thesis submitted to the Faculty of St. Paul College, Pasig In Partial Fulfillment of the Requirements in Research Nicole Therese Ang-Angco Caryl Marie Balagot Cara Dominique Beltran Sheena Sharmaine Estayo Julianne Rose Santarina March 2009 THE PROBLEM AND ITS SETTING A. Research Problem: Reason why teenagers age 13- 18 years old from different colleges and universities engage in cigarette smoking despite its negative effects B. Objectives:

High School And College Is The Sports Knowledge - 1802 Words

Another difference between high school and college is the sports knowledge. High school coaches use simple offense and defense concepts because the level of play is not as good. College teams use a more complex offense and defense system because the level of play is higher. The professional teams have the most elaborate offensive and defensive schemes. College helps players mentally get ready for professional play by teaching the players things high school coaches don’t have time to teach the. When an athlete makes it to the professional level they are expected to understand the concepts. Athletes are better prepared to play professionally if they go to college. College athletic programs offer athletes specialized training, which is very difficult to get anywhere else. Every team has a trainer for the athletes. The trainers give the athletes specialized workouts and diets to make the athletes the best they can be. Most of the trainers have degrees in physical training or a similar area. The training makes athletes tremendously better than when they arrived at the university. The training also makes athletes ready for the professional level. It is extremely rare for an athlete to be physically ready to play professionally when they are in high school. the college training helps athletes be physically ready to play professionally and shows them the work ethic needed to be a professional athlete. The athletes are the ones performing for the university s and theShow MoreRelatedThe Possibility of College Sports Being Banned775 Words   |  3 PagesThe first time that I had any type of knowledge about the possibility of college sports being banned was just a few weeks ago inside of my English 101 class. I cannot express how surprise I was when I found this out. Not in a million years I ever would of thought a activity that most athletes live by every day can just go away in a snap of a finger. How could somebody even turn professional if they have not been in the college phase yet? Questions just arise in my head when I hear about this topicRead MoreCollege Athletics Is A Major Part Of PeopleS Lives Around1364 Words   |  6 PagesCollege athletics is a major part of people s lives around the world. From the athletes playing the various sports to the fans watching from their televisions it has become a huge thing. A portion of these people seem to think that the athletes deser ve more then what is already given to them. A question has been brought up and debated on whether or not these athletes should be paid to play. College athletes are hard working young adults trying to earn a degree at whichever school they have chosenRead MoreEducation : The Importance Of Sports And Education1680 Words   |  7 Pagesprosperity. The school system a place made for education has drafted away from its purpose. Sports in the eyes of young people is the key they need for life. Sports are idolized not only by the children in the school system, but also embarrassingly by the educators themselves. Children are being fooled into thinking that to be good at a sport is all the security they need and they forfeit their education for this purpose. The school system should provide equal attention for sports and education toRead MoreCollege Coach As A Football Coach890 Words   |  4 PagesCollege Coach To be a college coach you have to be very dedicated and love the sport you are coaching. Being a college coach is very time consuming and a very hard job to land in the sports world. The competition that one faces when trying to get into the job field is fierce. This means that the job as a coach in the collegiate athletic career field is limited to a small percentage of the people that end up applying. These people need to be able to fulfill a variety of duties for their universitiesRead MoreThe Importance Of High School Sports On Education1247 Words   |  5 PagesHigh School Sports and their mark on Education Each and every year, millions of students will participate in high school sports. In the same year, there will be millions of people questioning whether or not sports will benefit the students education. â€Å"The number of participants in high school sports increased for the 25th consecutive year in 2013-2014 with a record total of almost 7.8 million, according to the annual High School Athletics Participation Survey conducted by the National FederationRead MorePersuasive Speech : Basketball Coaching1238 Words   |  5 Pagesbasketball coach needs. It takes hard work and dedication to become a successful basketball coach. Coaches are suppose to teach beginners and professional athletes the skills they need to succeed at that particular sport. Coaches mostly teach elementary, middle, high school, or higher like the college level or the pros. Some coaches might not teach at those levels but they will tend to teach for recreation leagues. They have training and practices to help and improve the athletes’ form, technique, skillsRead MoreSchool Attendance And Its Effect On The Student And Their Family Essay1362 Words   |  6 Pagesbefore a child is born, college looms in the distance. Parents have preconceived ideas about their child’s future, and for some families that includes college. Early education is not nearly as worrisome due to the legislation passed in The United States of America (USA). Laws mandating school attendance have changed over the years; however, ever since 1918 all of the states have created and enforced enrollment laws (Landes Solmon, 55). The USA also funds the pu blic school system, thus eliminatingRead MoreCollege Athletes Have A Dream Of Becoming A Professional Athlete1486 Words   |  6 PagesMany college athletes have a dream of becoming a professional athlete. In most countries, especially in Europe, athletes are club players who move from amateur to professional status at a young age. Some drop out of school as young as 14 years of age to play sports professionally, while others finish school in Europe and attend college in the United States to play at a university. The United States is one of the few countries worldwide to emphasize education before professional sports. In factRead MoreRichard Graff s Hidden Intellectualism1257 Words   |  6 Pages Education. I believe it to be one of the greatest gifts this world could give us. My mother always told me that knowledge is power and that I could never learn enough. She taught me to love being the best I could be and to always want to know more, to question everything. There have been countless times that life has tried to take away my mom’s faith and strength, but she always felt the need to keep herself educated. When she needed to get somewhere, she walked. She had to. This improved her senseRead MoreACT Research Paper824 Words   |  4 Pagesa 20.8†( Kapelke-Dale p.1), this would place a student into the 25th percentile. The ACT allows colleges to identify what level of knowledge the student is on. Most people believe that the SAT and ACT shows the college readiness in students, however, some students may not be great at testing, the test does not show the previous grades from the years, and it only shows the students textbook knowledge. When it comes to taking a big test like the ACT, or most recently the SAT, students tend to become

Discussion on Vocation Limited

Questrion: How did the intangibles get on the balance sheet in the first place? Simply from an accounting perspective, the asset is a debit, then what was the credit? Was it an income item? Were intangibles used to inflate income and under what accounting treatment was this allowed? Answer: Introduction: The Vocation Limited along with its group was one of the largest vocational training providers in Australia. This group was publicly listed in Australian Stock Exchange and had 22 corporate entities. The group conducted the operation of providing vocational training through online and face-to-face courses. One of the reasons for liquidation is the poor operational procedure of the company. This procedural problem has forced various government clients to review the effectiveness and appropriateness of the courses provided to the student. The another reason that led the company to liquidation is that due to the adverse effect of the review the funding that was received by the government clients are repaid. Discussion: The primary problem comes from the different sets of decision-making issues and operational issues that has resulted towards misrepresentation of financial statements, non-adherence to different sorts transparency and good governance practices. The company was engaged in providing numerous sets of educational services and thereby was dependent upon the feedbacks and reviews gather from both individuals and government clients. The number of students seeking educational courses at its Avana, TDA and other colleges, under the purview of the group, has been left with no other options apart from dropping a year or seeking education elsewhere (Preiss, 2015). The subsequent evaluation of the different sets of courses has resulted towards aggravating the prospects of the company as large form of operational and financial performance issues were cropping up. The problem ensued when the Bawn and Aspin colleges received less than favorable reviews resulting in loss of grants and contracts from Victorian Government. There high quantum of degradation faced by the company in terms of depleting levels of reputation has resulted in long terms repercussions upon the companys financial stability. The anticipated announcement to be made by Victorian Department of Education has resulted in the company seeking lifting of voluntary suspension of trading in the ASX during October 2014. This was followed by earning update coupled with change in management structure with departure of CEO and MD Mark Hutchison 28.01.2015 Vocation on block as CEO resigns. (2015). The reviewing of strategic positioning of the company followed by effort made on the part of the company to disclose financial information has failed during the latter part of 2015. Therefore, the request made on behalf of the management regarding resuming of trading activities failed resulting in an extension on the suspension. As of 30.11.15, the company was on the verge of dissolution resulting from the high magnitudes of customer contact terminations (delisted.com.au 2016). The recent sets of nonpayment of listing fees for the ASX resulted towards extended suspension of trading stocks (The rise and fall of Vocation. 2014) . Three primary issues in the current case arise from the degree of mismanagement in terms of company operations showcased by the company performance. The inconsistency in terms of asset management and managing of operations resulted in insolvency on the part of organization. The degree of irrationality on the part of the company towards non-disclosure of financial information in turn has extended suspension of trading of Vocation Limiteds stocks. The suspension of securities of Vocation Limited from trading in the ASX coupled with the lack of support from different sets of shareholders tends to display the magnitude of financial management issues. The companies under the group tend to represent dormant class of assets thereby resulting in deficiency towards repayment prospects. The subsequent failure on the part of the group in several class action lawsuits along with the premises of unethical corporate behavior and mismanagement of stakeholders interests has had a cascading affect on different degrees of financial metrics (16-334MR ASIC commences civil penalty proceedings against Vocation Limited (in liquidation) | ASIC - Australian Securities and Investments Commission. 2016).. The fluctuations and subsequent drop of the different stock prices has ended in several lawsuits that were conducted upon the company by its different stakeholders that complained regarding the policies implemented by the government. The materiality principles state the fact that adequate disclosure of company policies can in turn be beneficial for undertaking relevant financial and investment decisions. By depriving the material knowledge regarding Vocations stakeholders, the company has aggravated its financial performance. Thereby, the class actions cases have resulted in the stakeholder getting the required degree of compensation to the aggrieved stakeholders. On analysis of the financial statement, it can be seen that the company acquired several business in 2014 and has made significant growth in the revenue. The primary expense of the group is relating to the delivery of the course, contract costs and employee cost. These expenses increased in the year 2014 due to the expansion activity of the company. In 2015 due to operational inefficiencies, there was a significant reduction in the revenue of the company. In 2015, a review was ordered by the DDECD on the three courses offered by the company and its group in order to ensure compliance. It is concluded from the review that some students were enrolled in wrong courses. It was further highlighted in the review procedure that few of the quality procedure of the group were inadequate and hence the company faced reputational damage that adversely affected the profit and finance of the company. The direct impact of the adverse review was that approximately $20 million of the government fundi ng was withdrawn from the company and as result, the operation of the Aspin and BAWM was ceased (How the threat of class actions resulted in financial ruining of Vocation. 2015). There was further review that was conducted by the government that further highlighted the operational weakness of the company as a result $27 million government funding was withdrawn. The company suffered from the loss of several institutional customers and this mainly due to the negative reviews of the public surrounding the organization. The review about the organization was regarding the enrollment of the students in such courses, which were inappropriate. The quality procedures of the group were also inappropriate. The funding by the government in reviewing the groups were withdrawn as it was resulting in expenses and this resulting in the ceasing of the operation of Aspin and BAMW (How John Dawkins' Vocation went wrong. 2016). The organization suffered several reputational damage due to the review conducted upon it. This caused a decline in the referral of the Vocation group by the third party. The company witnessed a great decline in the revenue due to the negative reviews getting prevalent. And this was compounded by the disposal of its various groups. In the financial year 2015, the group revenue suffered a great decline and this was accompanied by the los s resulting from the disposal of the assets. Mainly the factor that relates to the customers contracts has been at the forefront in terms of unsatisfactory level of financial performance (Ferrierhodgson.com. 2016). Goodwill and relationships were mainly attributable to its decline. The provisions of revenue also increased due to the increment in the legal and the consulting fees. This resulted in the termination of the customer contracts and resulted in the unavailability of the funds for operations and the key stakeholders support was lacking due to which the operation of the company under this group was ceased. Therefore, it is sought that appointing the voluntary administrator would be the better option so that the interest of the creditors, shareholders, staffs and the students of the organization is protected. The organization should also consider the strategic reviews so that all the available options are considered. There were several issues regarding the disclosure of the obligations by the company, which resulted in the commencement of the action lawsuits of the several classes. Some of the information that was disclosed to the creditors was considered inappropriate. The indispensable information relating to the disclosure needs to be provide to the creditors The proceeds realized from the sale of the intellectual property would be made available to the creditors if the proceeds from the non circulating assets would have less priority over the secured creditors of the first ranking until the time the debt is repaid fully. Other includes the details that are generated from the proceeding of the litigation and the potential recoveries. The various details that the ongoing concern receives from the sale proceedings should also need to be disclosed. The company made not all the necessary disclosures to its stakeholders. In order to overcome these operational inefficiencies identified in the review the solution that can be suggested is to provide appropriate work force for various operation that is needed to be performed. Further, there should be proper checks and balances so that no process of the company is unchecked. The company should also conduct operational audit in order to identify weakness and gaps that exist in the operation. The suggested solution will help the management of the company to identify the problems that exist in the operations. This will help the management to plan appropriately so that the weakness could be overcome. The suggested solution will not only help to improve the operational capacity of the company but it will also affect the financial condition of the company. The financial condition is improved as the operational errors are removed and the reputation of the company is improved. The only weakness of this suggestion is the cost involved in the implementation of the operational audit. On analyzing the condition, it can be said that the benefit of the operational audit much surpasses the cost so in order to avoid the liquidation the operation should be implemented. The limitation of examining the operation of the company is that it is a long and time-consuming process. In order to avoid liquidation, the solution cannot give immediate result and thereby is not of any pertinence in case of improving the current sets of liquidation measures. The obligation to make the disclosure is included in the guide of reporting principles of the company and the practice of corporate governance need to be disclosed. This is regarded as the central to the governance approach of ASX and the company needs to provide a well-reasoned explanation as per the council of ASX corporate governance. The if not, why not approach concerning the adherence towards the ASX guidelines tends to foster good corporate governance practices amongst the different companies that are listed on the ASX (asx.com.au 2016). Conclusion: The above report focused towards evaluating the reasons behind the financial performance of Vocational Limited and evaluated the different factors that arise out of the dissolution. The report has been prepared in conjunction with different news reported over the past two years regarding the operations that has arisen from managerial and financial circumstances. References and Bibliography: How the threat of class actions helped kill Vocation. (2015).Financial Review. Retrieved 5 October 2016, from https://www.afr.com/business/how-the-threat-of-class-actions-helped-kill-a-company-20151203-glec6g delisted.com.au (2016). Retrieved 5 October 2016, from https://www.delisted.com.au/company/vocation-limited asx.com.au (2016). Retrieved 5 October 2016, from https://www.asx.com.au/documents/asx-compliance/cgc-principles-and-recommendations-3rd-edn.pdf Preiss, S. (2015). Up to 12,000 students in limbo after Vocation collapse. The Sydney Morning Herald. Retrieved 5 October 2016, from https://www.smh.com.au/business/banking-and-finance/up-to-12000-students-in-limbo-after-vocation-collapse-20151126-gl8xfw.html 16-334MR ASIC commences civil penalty proceedings against Vocation Limited (in liquidation) | ASIC - Australian Securities and Investments Commission. (2016). Asic.gov.au. Retrieved 5 October 2016, from https://asic.gov.au/about-asic/media-centre/find-a-media-release/2016-releases/16-334mr-asic-commences-civil-penalty-proceedings-against-vocation-limited-in-liquidation/ Vocation on block as CEO resigns. (2015). Theaustralian.com.au. Retrieved 5 October 2016, from https://www.theaustralian.com.au/business/news/vocation-limited-on-block-as-ceo-resigns/news-story/476f37171d68701a687a1b24c3373ce5 The rise and fall of Vocation. (2014). Financial Review. Retrieved 5 October 2016, from https://www.afr.com/news/policy/education/the-rise-and-fall-of-vocation-20141031-11fmvu

Redell Company Managerial Structure

Introduction This report seeks to offer a clear point of view on the most favorable managerial structure that would be appropriate for the Redell Company and some extra organizational structures to reach the company’s main objectives.Advertising We will write a custom case study sample on Redell Company Managerial Structure specifically for you for only $16.05 $11/page Learn More Here in this report, the responsibilities, functions and tasks of a controller in an organization will be discussed in a deeper approach to be able to determine whether or not the Redell Company requires a change of system. In the report I shall be assessing the different angles whether positive or negative of both the Martex and the Redell methods of management to determine which is more appropriate and which conforms better to the organization’s objectives. Also in this paper, methods and ways to implement the Martex method in the Redell Company will be highlight ed and discussed. Personal issues can be tragic in respect to the performance and development of a company. In this case study, there are two different points of controllership which are; the corporate controller whose responsibility is to overlook all the financial processes involved in the organization. Chain of command Movement of funds in and out of the company and the way money is spent is solely the responsibility of the corporate controllers of the company. However, the divisional controller reports to the divisional manager who then reports to the corporate controller. From here, information received by the corporate controller is then directed to the organization’s directors (Ashton 49). The structure as described above has many challenges and mishaps in between and it is for this reason the controller is raising his concerns. The fact that the divisional controller reports to the divisional manager is causing concerns that there is a possibility that the divisional manager may be given biased information since he does not get the information first had from the ground. In this particular case, the Redell Company is the main focus and it is clearly seen that the sour relationship between the divisional controller and the corporate controller is affecting the development of this company.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Bevin’s solution As Bevins laments the responsibilities of the two departments are the major surce of the current dispute in the organization. Bevins suggests that a control structure similar to Martex be applied to bring this matter to rest. His main interest in this company is to make changes that would place the corporate control in a better position to effect reasonable budgets and analyze its performance. However, this effect is watered down by the division controllers as their loyalty is in the division ma nagers and as Bevin’s laments; they have been maliciously submitting inaccurate and biased information about their performance. Reports on budgets are biased and inaccurate and this has raised concerns about the adequacy of the information offered from the division department. Bevins is suggesting that the best solution towards this problem would be implementing the Martex Company’s method (Banik). The Redell Company like any other business venture’s aim and main objective is to be profitable and increase in growth. The major issue in the case of the Rendell Company is the conflict of interest between the two departments. A corporate controller’s responsibility is to ensure that minimum funds are in the budgetary allocations in order to ensure the maximum profitability of a company. The divisional general managerial responsibilities on the other hand include utilization of the company’s resources in a profitable manner with minimal instances of mak ing losses. The conflict arises as a result of the controller trying to minimize the amount of funds or resources that the manager is asking for (Ashton 49). The management in its own wisdom comes up with a budget but it is the responsibility of the corporate controller to ensure minimum use of funds to realize more profits. This conflict is about different point of views where the manager feels he or she needs more funds to run his or her department and on the other hand the controller sees no need to use such large amounts of the company’s resource in a single department. Strengths and weaknesses The Martex method has both weak sides and strong sides. One of the strengths in the matrix method is the fact that the divisional controllers are free to perform actions without consulting. Goal congruence is achieved through sharing of benefits. Unlike the Redell Company’s method, the Martex method allows for reliable and authentic information sharing.Advertising We wi ll write a custom case study sample on Redell Company Managerial Structure specifically for you for only $16.05 $11/page Learn More However, this method has a number of limitations that can be disastrous to the general performance of the Redell Company. Goal similarities between the divisional controllers and the divisional general managers may be limiting the ultimate objectives of the division (Ashton 49). The divisional controllers may be seen as traitors and not part of the company’s working team. Therefore, they can not work adequately and effectively while they face discrimination and are sidelined by the rest of the team. Having control measures clearly spelt out discourages the managers from making effective and desired budgets. The managers already aware of the possibilities that their requests may be turned down they will refrain from any budgetary submissions that would raise issues. This is very dangerous as the departments may not be well furnished financially hence compromise on its productivity (Anthony). The ultimate consequence is that the working drive goes down and the workers are discouraged hence a high probability of making losses is more (Ashton 49). Workers need to be motivated and driven by favorable working environment and contentment in the working stations. Allocation of resources according to the recommended budgets by the responsible heads is important to follow in order to reach the departmental goals which collectively lead to the greater goal of the company, which is growth and profitability. Control points therefore have a direct influence on the budgetary decisions whether or not they may hamper the function ability of the company. Comparison of the two methods Compared to the Rendell method, the Martex is far much better to go with as will be discussed below (Banik). Some of the strengths in this method include the fact that there is a warm relationship between the division controller and the division general manager. The advantage accrued from this is that information is effectively shared internally. The division controller and his subjects share a common gal as they function as a team. This by extension gives the method the advantage of immediate budget approval due to the direct mutual interaction between the departments. Nonetheless, the method has a number of limitations.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More One of the major limitations is the fact that the divisional general manager can easily influence the financial reports and hide and cover instances of misappropriations in the department. This can have adverse implications on the financial well being of the company as embezzlement of funds my lead the company to bankruptcy (Ashton 49). Divisional controller as opposed to the Martex method is not really empowered. This means that while budgetary exaggerations can occur, the relevant authorities to regulate these allocations are not well empowered to stop such a fraudulent actions in the event that one occurs. Another limitation as the corporate controller is complaining is that the flow of information may not be as honest as supposed. There can be cases of irregularities while submitting financial reports to the corporate controller. There stands a greater chance for the division controller and the division general manager to collude to embezzle funds or misuse resources. The Martex Company is notably inclined on the functional organization structure as opposed to the Rendell’s business unit structure. Organization structure is a business structure that puts into accounts things like job distribution, management and regulation. However, organizations are differently structured according to their objectives. The Martex structure of organization shows clearly that the company is more inclined with the central organizational objectives rather than the managerial goals. With the Rendell Company, the general manager’s objectives are the main source of concern. Managerial functions The Martex method allows for the use of the controller. To achieve goal congruence in the Rendell Company, the only alternative there is might be this only way, to apply the Martex method in their system. Goal congruence is only possible when the Martex method is assumed into the organization. It very possible to find that division managers may be tempted to work towards pro tecting their own interests as opposed to the central objectives of the entire organization (Ashton 49). The division controllers should remain under the corporate controllers if goal congruence is to be achieved. The purpose of management is to plan, organize, lead, and control, functions that are fundamental if achieving an organization’s vision is to be realized. Every aspect of management is dependent on the other and no part of management can function without the other. Planning come prior to organizing, planning, leading and controlling. Planning necessitates the evaluation the company’s current performance and the future expectations in regards to the goals set. Good managerial policies will include fruitful decisions on how to reach the stipulated goals and effectively achieve the organizations objectives. Solving the problem Determining the goals and objectives that can effectively help the organization to reach its goals is what good and efficient managerial skills are al about. The Rendell Company for example has discovered some policies that are working in other companies to be effectively useful to their administration. The Martex method is a good example in this case. The company wants to implement these methods to avoid the biasness in its flow of information. Seeing a problem is one thing but implementing policies and ways to shield the company from such activities is a whole different issue. Planning is a constant process to ensure that the company keeps its objectives right and constantly evaluating the situation to be able to know when to make a move and most importantly which move to make (Anthony). Development plans are important to have as they help the company to determine the course of direction to take in response to the objectives set and goals prospected. Every company has their own philosophy or way of doing things that make them unique and things that work to their advantage putting them ahead of the competition. Demo nstrating teamwork and achieving results are the only way to tell how well managerial strategies are being effective and to establish whether or not they are working towards the organization’s objectives or otherwise. In the case of Rendell Company, the strategies laid in the managerial level are bringing the company to a conflict hence the differences between the division manager and the corporate controller. Planning as the foundation of managerial strategies includes the identification and selection of the companies priorities and putting them into perspective to deal with the first things first. Accomplishing the results again is a managerial responsibility and how well this is achieved shows the effectiveness of the strategy. The alternative as discussed above in this paper is more associated with the company’s objectives and organizational system. The suggestion after examining the system followed by the Rendell Company shows that the existing system is more effi cient. Better relationship between division managers and the division controllers gives a solution to the problem of biasness and this enables the division controllers to communicate directly to their superiors (Ashton 49). Tactical issues with this kind of a system in place are dealt with so easily, very conveniently and in a faster way. Corporate controller is more certain in information provided by the division controllers. Loyalty problems are arising because division managers feel undermined and watched and held in suspicion a factor that may lead to more problems in the ultimate end. Maintaining the power system in the divisions can be a good move in this case where a conflict of interest is the main bone of contention. Departmental solution To solve the conflict between the departments, the organization should consider stipulating clearly the roles and mandates of each and every department. The conflict is basically based on miss understanding and unclear information on the o rganizational power structures. It is very crucial for an organization to have his demarcations regarding the powers and responsibilities ironed out properly to avoid such circumstances. The case in Rendell is a clear example of what such uncertainties can create (Verbeeten 123). The organization can clearly highlight changes of departmental powers and make sure these rule are clearly understood and well appreciated. It should be clearly articulated that there is a change in the responsibilities and powers of the corporate controller, the division controller as well as the division manager. These changes are inevitable as the conflict revolve around the same. The unclear circumstances under which the corporate controller can not influence the budgetary proposals from the divisional managers are in questionable. There are other factors that can be considered however to ensure goal congruency in the organization. With the current advancement in the technological world, IT based data s hould be given priority. In such circumstances where information can be influenced and misrepresented to facilitate personal gain and to benefit self at the expense of the common collective good of the organization then IT could come in handy. Technology in the business world and administrative functions is sufficient to provide effective and efficient information without biasness. This can go along way in averting some of the situations as seen in the case of the Rendell Company. In this case therefore, initiating the Martex method needs a careful approach one that would lead to a peaceful and effective transition from the current system into the new found way. Formalizing the new job descriptions for the division controllers should be the first step in this overhaul. All departments shall be served with description letters showing and describing their mandate and positions in the decision making process. Process, procedure and methods should be made public to the members of the or ganization. Having a centralized goal that focuses on the organizational objectives is should be seen as the main agenda in the organization. Focusing on individual managerial objectives with the expectations that it may yield the ultimate common goal can be disappointing at times as there can raise issues of selfishness within the various departments. It should be clearly put that the managerial goals are subsidiary to those of the organization to avoid instance of people pushing for their own selfish agendas. Through out the study, clearly the Rendell Company requires urgent changes to revive its ability reach the set goals. Conclusion For a company to achieve its goals and objectives, there has to be well laid structures that support the intention to reach these goals. This therefore means that the company should always review its policies to ensure that no records of incompetence can be tracked or seen in their activities. Maintaining a good working environment and a clear syste m especially in the levels of hierarchy and power is of paramount importance as it is through workers satisfaction that can get the job done effectively. Workers need to feel protected to give them a sense of belonging to the company and hence to give them motivation to work (Charles Sturt University). Management in every organization is a determining factor on the profitability and the value of the company. Poor management strategies can really have severe implications on the company’s performance and productivity. Recommendations The reason why the two controllers in case above is because one feels undermined and like he is not part of the team as discussed earlier. This feeling hampers his ability to deliver properly in terms of offering services to the organization. This has brought so much tension and is making the two have a conflict. Such conflicts can rise in all levels of the administration and calls for more sober implementation of policies that would avoid such ins tances. In the case we have just studied it is apparent that the Rendell Company requires a more sane structure that would separate the power of the controllers and stipulate each controller with their own position. This would help if the goal congruence is something that a company wishes to achieve whether on the long or short term. Having policies that favor goal congruence is beneficial to the company survival. So as to achieve this though, a good and perfect example has been offered by the Martex company method of management. The corporate controller had already seen this and was suggesting the same be done in the Redell Company to allow for better results and enhance congruence of goals and objectives. In this paper, the advantages and disadvantages of the Martex method as well as the merits and demerits of the Rendell method have been clearly discuses. Works Cited Ashton, David. â€Å"The impact of organizational structure and practices on learning in the workplace.† In ternational Journal of Training and Development. 8.1(2004): 43–53. Web. Anthony, Robert, and Vijay Govindarajan, Management Control Systems, New York: NY, 2000. Print. Banik, Aviroop. Management control system- Rendell Company case. 2012. Web. Charles Sturt University. Organizational Structure. 2012. Web. Verbeeten. â€Å"The Impact of Business Unit strategy, Structure and Technical Innovativeness on Change in Management Accounting and Control Systems at the Business Unit Level: An Empirical Analysis.† International Journal of Management. 27.1(2010): 123-143. Web. This case study on Redell Company Managerial Structure was written and submitted by user Damaris Morrow to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

How to Craft Customer Case Studies That Convince And Convert

How to Craft Customer Case Studies That Convince And Convert The struggle is real for marketers because they are in the midst of a customer trust crisis. And things are only getting worse. Studies show that only 48% of the general population in the United States trust businesses. Earning the trust of customers can be difficult, so deliver what you promise when it comes to your products. Writing a case study is a great way to do just that. Today, we’re talking to Whitney Deterding, product marketing specialist, who focuses on the company’s case studies. You’ll learn from her that case studies need to resonate with your prospects and have a purpose. She shares best practices to use when selecting customers and avoiding pitfalls. Discover how to craft case studies that move your prospects down the funnel. Case studies need to have social proof to build trust; gives people insight into how great your product or service is direct from the customer’s mouth ’s Customer Success Team has direct connection to customers; identify which customers should be used in case studies and testimonials Sales Team deals with prospects all the time and become aware of the problems they face and trends in various industries Incent is a common tactic used to get customers to be in case studies; both and its customers reap benefits Send personal Thank You messages or gifts to the customers to show how appreciative and grateful you are for their time Questions to Ask: What is the problem that your service/product solved? What steps were taken relieve a pain point and generate results? Do research beforehand to help you discover and uncover unique things that a customer might discuss Transcribe and listen to interview recordings to highlight quotes and case studies Present case studies with the customer’s logo, headshot, demographics, and other items to make it authentic and give readers something valuable to pull out Once you’ve done the interview, there are many ways you can use that information to move prospects through the funnel Measuring the ROI of a case study depends on how it’s being used; include a call to action to measure conversions Common pitfalls include trying to do too many case studies together they tell the same story, and don’t control the interview be able to pivot Links: Edelman Trust Barometer Joanna Wiebe ’s Customer Stories Write and send a review to receive a care package If you liked today’s show, please subscribe on iTunes to The Actionable Content Marketing Podcast! The podcast is also available on SoundCloud, Stitcher, and Google Play. Quotes by Whitney Deterding: â€Å"The most important thing about a case study is that it gives people insight into how great your product or service is direct from the customer’s mouth.† â€Å"The beauty of a case study is that once you’ve done the interview, once you have that information at your fingertips, there are so many ways you can use it, and you can pepper it throughout the entire funnel.† You want to make sure that regardless of what experience someone’s having, as a reader, they’re going to pull out something valuable from it.†

The Influence of the Professional Sports Leagues Research Paper

The Influence of the Professional Sports Leagues - Research Paper Example Sporting clubs have developed professional governing bodies, which regulate and develop structures that aim at making the sports industry interesting. The aim of the governing bodies is to increase optimum production in the sports industry (KÃ ©senne, 2007: 6). Sports leagues are competitive and are some of the most paying enterprises around the globe. Some of the well-paid personalities are sportsmen. For instance, English Premier League, Champions League, and La-Liga are some of the promising sports leagues that command a lot of profit in the globe. The income that these leagues earn contributes to the GDP of various countries. Rugby, Athletics, Golf, Baseball, Cricket etc are some examples of a sports organization that contributes to the economy. Economists believe the future of the sporting industry has a bright future because the industry does not practice monopoly, which is responsible for poor quality products and high prices witnessed in other commercial sectors. Sports indu stry promotes a free market where the competitiveness of the products influences the quality and prices. Analysts argue that competition in the sports industry is not healthy because of its impact on the labour market (Masteralexis & Hums, 2011:121). In this regard, the rich clubs use high wages to maintain top players in the club, thus gripping top positions in the league. This phenomenon makes favourable competition difficult for the less wealthy clubs, which are not able to buy top players at high market prices. This opportunity makes the wealthy clubs to source for the top players thereby hampering healthy competition in the industry.