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Magazine Startup Operations, 2007.
This paper details some of the capital and operating expenses associated with a start-up magazine: 'Investment and Money Management'.
1,140 words (approx. 4.6 pages), 3 sources, APA, $ 39.95
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Abstract
This paper explains that the primary capital expenses for the start-up magazine, 'Investment and Money Management' can largely be reduced to operating expenses by utilizing contract vendors to perform these functions rather than develop them in-house. The author points out that the printing and distribution business functions are the most cost-prohibitive to establish and are basically not in-line with a magazine publisher's primary line of business, which is advertising and content creation; however, some publications are beginning to outsource production as well. The paper stresses that performance targets for the outsource vendors are critical to the magazine's long-term success. The author includes quality and performance metrics, which should be used for the printing and distribution vendors. The paper lists the vendor contract terms and conditions for the distributor and printer.
Table of Contents:
Abstract
Capital & Operating Costs
Printing
Distribution
Performance Targets for Outsourced Functions
Checklists
Number & Types of Vendors
From the Paper
"Distribution: no upfront capital expenses are accrued or required. Assuming the 65% capitalization already accrued is based on in-house distribution facilities then by outsourcing these operations this entire cost structure is eliminated and the only cost is the operating expense associated with each publication cycle. If $100k were allocated towards the first year's distribution operations then by outsourcing these operations at a rate of $18000 annually saves approximately $82% of costs."
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Fiscal Management in an Intensive Care Unit, 2007.
This paper is a case study demonstrating fiscal management through variance analysis for an intensive care unit.
1,455 words (approx. 5.8 pages), 5 sources, APA, $ 48.95
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Abstract
This paper explains that, currently, major activities need to be taken into consideration so that the budget for the intensive care unit can be reconfigured or some activities can be deferred to the new fiscal year. The author relates that issues relating to safety standards and staff education increase overall productivity, which improves the quality of care within the intensive care unit. The paper points out that next fiscal year budget should have personnel divided by functionality to make budget allocations indicative of different staffing activities. The author suggests that, in an intensive care unit, it is imperative that supplies are kept in stock or there can be serious legal and financial implications; therefore, there should always be padding for this area provided in the budget. The paper includes a variance table showing the current reallocation of the budget, which addresses the important factors within the intensive care unit without increasing the budget.
Table of Contents
Expenses
Conference on High Risk Medications
High Risk Medications
"Smart Pumps"
Supplies Expenses
Personnel Budget
Table 1: Reallocation Process: Intensive Care Unit Budget Adjustment
Major Fiscal Concerns and Recommendations
Table 2: Variance Analysis
From the Paper
"The traveling or staff education budget will not allow the all three nurse to attend the seminar this fiscal year, since the budget remaining in these categories is $700 and $400 respectively. However, one of the nurses can be registered for the conference this year (and take advantage of the $200 registration fee), while the other the attendance of the other two nurses get deferred to the new fiscal year. This decision was based on the nature of the seminar, and the fact that the nurse's attendance will possibly have a 'spillover' effect and create a positive externality within other sectors of the intensive care unit via."
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Drosselmeier Corporation, 2008.
An analysis of the income of the Drosselmeier Corporation.
1,078 words (approx. 4.3 pages), 3 sources, APA, $ 37.95
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Abstract
The paper evaluates Drosselmeier Corporation, a German manufacturing firm producing Christmas nutcrackers. The paper analyzes Drosselmeier's cost structures relative to its pricing strategy and the resulting net income. The paper examines several scenarios in depth based on constant assumptions relative to accounting rules, demand and investments.
Outline:
Abstract
Overview
Assumptions & Initial Cost Structure
First Scenario
Scenario for a Targeted 45k DM
Increased Capacity Scenario
From the Paper
"There are several key assumptions to be made regarding Drosselmeier's costs and expenses in determining the optimum cost structure in order for the company to meet its revenue expectations. Determining the type of expenses associated with its product sales is important and understanding how they relate to its overall cost structure is important (Hawkins, 2006). There are essentially three types of expenses that Drosslemeier needs to account for: 1) those with a direct cause and effect, such as the costs of goods sold, 2) no future economic benefit which are periodic expenses such as office supplies, often classified as overhead, and 3) expenses classified as systematic an rational such as depreciation (West, 2003, pp.81-5). Based on understanding its cost structure and how expenses should be allocated, Drosselmeier can compute all of its various pricing strategies with a high degree of accuracy based on the same assumptions."
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Martha Stewart's Unethical Behavior, 2008.
This paper discusses the serious ethical lapses of Martha Stewart.
983 words (approx. 3.9 pages), 8 sources, MLA, $ 34.95
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Abstract
The paper describes Martha Stewart's insider trading when she sold her stock in the ImClone company. The paper details her subsequent denial and deceit. The paper discusses how under any ethical system; from a normative perspective, a utilitarian point of view and a deontological standpoint, Stewart acted wrongly.
From the Paper
"On December 27, 2001, Sam Waksal, the key shareholder in ImClone, ordered his broker to sell all his stock in the company. The broker, who was also Martha Stewart's broker, told his assistant to phone Stewart. The assistant left Stewart a message about Waksal's sales, suggesting she might do the same. Stewart called the broker back and ordered him to sell.
"ImClone stock plummeted and Waksal was investigated. The SEC learned of Stewart's sale, and called Stewart to a formal interview. Before the interview, Stewart and her broker conspired. Rather than admitting that the broker gave Stewart an inside tip, they invented a story of a "standing sell order." Stewart gave this story to the government in formal interviews. After a lengthy investigation, Stewart on various charges on June 4, 2002, although not for insider trading."
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Electronic Money, 2008.
This paper discusses electronic money in relation to the traditional banking methods, analyzing Berndt Kempa's article "Money in an Electronic World".
2,619 words (approx. 10.5 pages), 9 sources, MLA, $ 78.95
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Abstract
The writer notes that in his enlightening article regarding electronic money, "Money in an Electronic World", Bernd Kempa argues that electronic funds are not likely to replace traditional money any time soon but that the role of the central bank in determining a country's monetary policy may be affected. The writer points out that the Kempa voices these concerns in closing his research in which he successfully illustrates the development of electronic funds and cash. The writer discusses that companies such as eBay and Amazon.com have turned the retail industry upside down and these two companies alone handle billions of dollars annually in electronic funds across international markets without ever handling physical currencies. Yet, the writer maintains that central banks will continue to determine monetary policy because the simple fact is that none of these new economy institutions or the electronic funds that accompany new business models creates money themselves. The writer concludes that they only move currency values that have been created via traditional channels.
Outline:
Author Analysis
Developments in Electronic Money
Conclusion
From the Paper
"These observations are, while not being indicative of an impending catastrophe, somewhat alarming for economists who might be concerned with monetary policy at the national level. However, by raising such alarms, the author does not adequately support why he believes electronic funds might hold the potential to undermine such national economic and monetary policy when, in fact, all electronic funds originate first with the issuance of funds through traditional channels. No company that regularly operates in the financial markets, private or otherwise, has the ability to generate funds, whether electronic or otherwise, in any manner that supersedes the role or the oversight of the central banking systems."
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History of the Currency Crisis, 2008.
This paper discusses the history of the currency crisis focusing on Asia and Mexico.
2,011 words (approx. 8.0 pages), 12 sources, APA, $ 63.95
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Abstract
This document discusses currency crises and utilizes the Asian financial crisis of 1997 to 1998 and the Mexican peso crisis of 1994 as illustrative examples. In both of these examples, the writer notes that the currency crises were precipitated by sudden capital flights out of the markets in question which exacerbated the devaluation of the currencies. In essence, the writer maintains that currency crises occur because investors, internal or external, leave a market suddenly and with little prior indication. The writer concludes that regardless of how valid the investor assumption of impending currency devaluation is the fact of their sudden flight from the market always leads to the devaluation they were predicting.
Outline:
Abstract
Currency Crises in Asia and Mexico
Overview
Asian Financial Crisis
South Korean Crisis
Central Bank & OMO
Exchange Rate Behavior
Conclusion
Mexican Currency Crisis
Overview
Build up to Crisis
The Trigger
Conclusion
From the Paper
"Thus, because of the currency speculators, who are typically foreign institutional investors, introduce a degree of risk simply through the size of their investment in a single currency that would not otherwise be there if the speculation was limited to smaller investors. While there are a whole slew of factors that must accompany a genuine currency crisis, in general, a crisis develops as these large institutional speculators perceive a decline in value of the currency and dump their investments en masse. The ensuing devaluation of the currency in question is unsustainable and the event often exposes other fundamental economic weaknesses that were disguised previous to the onset of the currency crisis, such as credit over extension in the market and a lack of foreign capital reserves."
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Protecting Home Buyers, 2008.
This paper looks at agencies and laws dealing with the protection of home buyers.
3,412 words (approx. 13.6 pages), 14 sources, MLA, $ 96.95
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Abstract
In this article the writer discusses the various agencies and laws which exist to protect home buyers in the real estate transaction process, from securing the necessary credit to dealing with real estate agents. The paper devotes a great deal of time looking at what rights new home purchasers have with regards to gaining access to credit, for it is credit that ultimately determines whether any such purchase will be possible in the first place. Furthermore, the paper also peers into the legislation geared towards protecting those who wish to buy homes from others, but who may have to deal with antiquated racist attitudes in the process. Lastly, the paper offers a brief critique of the available literature and what it appears to suggest about the measures presently in place to protect home buyers in America.
From the Paper
"Other organizations contribute in other ways. For example, Wood reports in a 2005 study he also conducted on behalf of the Government Accounting Office that the Department of Agriculture and Urban Development's Federal Housing Administration and the Department of Agriculture's Rural Housing Service guaranteed roughly $136 billion in mortgages for multi-family rental housing, for various health care facilities and, most importantly for our purposes, for single family homes. Apparently overgenerous to a fault, both organizations have also had to suspend their issuance of guarantees in the past because they went over the dollar amounts they were permitted to spend under their commitment authority or, in a closely-related vein, because they went over the dollar limits prescribed to them under their credit subsidy budget authority for a given year. Needless to say, the result of these suspensions is that many families which rely upon the aforementioned loan guarantees find themselves faced with unexpected financial hardships. Wood reports that, while both programs have many things which commend themselves, the simple fact of the matter is that the FHA and RHS loan guarantee programs operate on a first-come, first-served basis - a practice which can easily discriminate against poor families who lack knowledge about the programs."
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The Home Depot, 2007.
This document discusses the operational and financial status of The Home Depot (Home Depot) and its primary competitor Lowe's in the home improvement industry.
2,645 words (approx. 10.6 pages), 9 sources, APA, $ 79.95
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Abstract
This paper uses financial criteria, such as return on equity (ROE), return on assets (ROA), debt ratios, stock performance and price, which the author believes are the only true reliable metrics, to examine and compare The Home Depot (Home Depot) with its primary competitor Lowe's. The author concludes that, while Home Depot is the industry leader, Lowe's is a strong performer. The paper stresses that both competitors are highly susceptible to market downturns in the housing industry. The author includes a discussion of Home Depot's training program. The paper includes several tables, charts and graphs.
Table of Contents:
Industry Overview
Competitor Analysis-Lowe's Company Overview
Financial Operations
Home Depot Company Overview
Financial Operations
Business Participant Interview
From the Paper
"Home Depot's earnings over the past three fiscal years have been just as impressive: $5.8b, $5.0b, and $4.3b respectively. Home Depot has not only managed to greatly increase the number and variety of its locations but did so while maintaining profitability and without sacrificing its operational integrity. Home Depot is a strong performer both operationally and financially. Its earnings, income, and ratios all signal that the company is a strong investment and should be added to any portfolio."
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Corporate Stock Options, 2007.
An analysis of the impact of stock option scandals on corporate ethics.
3,726 words (approx. 14.9 pages), 17 sources, APA, $ 103.95
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Abstract
This paper discusses the stock options scandal associated with Enron and discusses its impact on corporate ethics. It looks at some of the effects that are expected to arise from this scandal and discusses the ethical character of management in the business sphere. The paper presents a careful overview of business ethics and offers an opinion on the effectiveness or ineffectiveness of the Sarbanes-Oxley legislation in the United States vis-a-vis this current scandal enveloping many public companies across North America.
Table of Contents:
Abstract
Introduction
Stock Options Scandal
Ethical Positions
Future Ramifications
Conclusions
From the Paper
"It seems the entire body of corporate America is holding its collective breath to see how the more than 80 investigations currently underway by the SEC are concluded. Such a host of companies are taking pre-emptive action in the stock options scandal by restating and revising earnings statements that it is clear the problem is even far more pervasive than currently thought. Not only companies like Apple and UnitedHealth are under investigation but McAfee and even Barnes and Noble are being examined by the SEC (Should, 2006). Should any of the top executives at these firms be negatively affected, the resulting impact on their company's share price could depress the entire U.S. stock market in a way that Enron never did and certainly bleed over into the Canadian markets."
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Tax-Exempt Revenue Bonds, 2007.
This paper discusses long-term debt financing alternatives for hospitals.
1,179 words (approx. 4.7 pages), 8 sources, MLA, $ 40.95
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Abstract
The paper explores the best course of action in acquiring sources of long-term capital for hospitals. The paper examines how hospitals use tax-exempt revenue bonds as opposed to taxable bonds. The paper concludes that tax-exempt revenue bonds seem to be the best option as an alternative for long-term debt financing for hospitals.
From the Paper
"The term tax-exempt revenue bond may be defined as any bond whose interest is not subject to taxation through one or more authority. The lower cost of capital is considerably more striking to healthcare providers who qualify. On the other hand, taxable bonds was used prior to tax-exempt revenue bonds; "it is a debt security whose return to the investor is subject to taxes at the local, state, or federal level" (Nowicki, 2004, p. 12)."
"According to Hassan et al. (2000) a study suggested that "hospitals using tax-exempt rather than taxable debt are forced to provide higher levels of charity care as a condition of gaining access to the tax-exempt market" (Hassan et al., 2000, p. 47). In addition, Gentry and Penrod (2000) stated that "tax provisions for not-for-profit (NFP) hospitals--both income and property taxes--issue tax-exempt bonds so lenders do not pay income taxes on interest received" (Gentry and Penrod, 2000, p. 285)."
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Sanfe Automotive's Strategy, 2007.
This paper explores the cost accounting system at Sanfe Automotive, an auto parts supplier.
2,027 words (approx. 8.1 pages), 1 source, MLA, $ 64.95
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Abstract
The paper looks at Sanfe Automotive, which has hired a cost accountant to evaluate its current costing method. The paper examines the accountant's primary conclusion that the current system does not provide an accurate assessment of costs. The paper discusses the recommendation that a new system should be implemented immediately. The paper explains that the new system involves an activity-based costing methodology that results in far more accurate estimations of cost and cost allocation across a diversity of product lines and departments.
Outline:
Executive Summary
Sanfe Forward Strategy
From the Paper
"Sanfe Automotive is an auto parts supplier in the automotive industry specializing largely in niche products. While it manufactures a host of products, 40% of its revenues are generated through its carburettor division. Sanfe has hired a cost accountant who has been tasked by the President of the company to identify a series of issues pertaining to the current costing method: 1) is the current system adequately accounting for costs, 2) is the present system capable of providing the data and information necessary for strategic decision making, and 3) does the current system accurately assess the supervisors' performances in the company. To accomplish the task the cost accountant has utilized the company's carburettor division to assess costs both under the current system and under a new cost accounting method based an hourly costing method specific for each department."
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China's Central Monetary Policy, 2007.
A an analysis of China's monetary policy and currency control.
1,263 words (approx. 5.1 pages), 8 sources, MLA, $ 42.95
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Abstract
This paper discusses China's monetary policy and the role of the People's Bank of China (PBC) in its currency control. It discusses China's economic growth and development, as well as the political environment in China and how this affects the economy. The paper specifically focuses on China's economic policies with regard to how they affect their relations with the United States.
Table of Contents:
Overview
China's Economic Growth
Political Dimensions
Conclusion
From the Paper
"The political environment in China has been radically altered since Hu Jintao was appointed President. Most recently, China's economic growth, coupled with its long history of graft and corruption, has allowed President Hu to consolidate his power even further. Shanghai's Governor, Qin Yu, has been accused by state investigators of corruption, bribe-taking, and graft and since he was a former ally of Hu's predecessor, his position in the Communist Party and his political position as Governor over one of China's most prosperous regions afforded him little protection (Dyer pars.3-7). Thus, indirectly, China's economic growth which is underpinned by its currency policies, have been co-opted by the political establishment."
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Crack Cocaine and Homelessness, 2007.
This paper explores crack addiction, mental illness and homelessness in Toronto and the treatment options available.
3,342 words (approx. 13.4 pages), 19 sources, APA, $ 95.95
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Abstract
The paper describes the incidence of crack cocaine addiction and its relation to mental illness and homelessness. The paper researches the treatment approaches in central Canada and compares them to the more varied, successful treatments and therapies in the United Kingdom and Europe. The paper notes Canada's resigned attitude towards a form of addiction that is considered 'untreatable' or 'hopeless'. The paper reveals the need for Canada to actively encourage crack addicts to attempt recovery, to learn more about different approaches to treatment and finally, adapt them to the Toronto environment.
Outline:
Introduction
Not Just Addiction
A Second Intervention
Towards a Different Approach
Concluding Discussion
From the Paper
"An important dimension of the problem is the coincidence of crack addiction and mental illness. Crack addicts often present symptoms of the mood disorders and psychosis in addition to those of the personality disorders found in almost 25 per cent. (Falck Et Al: 2004:504) In homeless patients, it can be difficult to determine a primary problem of mental illness or addiction. Many vagrant schizophrenics, for example, become addicted to crack just as crack cocaine induces symptoms of paranoid psychosis in persons without histories of mental illness. Through it all, homelessness remains a key determinant of addicts' health. (Fischer Et Al: 2005:252) Awareness of crack cocaine addiction in homeless populations enhances insight into why many homeless persons remain as they are, failing to take up occasional opportunities for housing."
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The Character of Daisy Miller, 2007.
An analysis of the expectations of women, as seen in Henry James' "Daisy Miller".
2,149 words (approx. 8.6 pages), 2 sources, MLA, $ 67.95
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Abstract
This paper discusses the character of Daisy Miller as found in "Daisy Miller", written by Henry James. The paper describes the times in which the book was set and the expectations of women in those times. The paper then discusses how Daisy Miller does not conform to the typical role of women of that era. It also shows how some of the other characters react to her.
From the Paper
"It is evident that the character of Daisy was constantly misunderstood by the society of Europe in the late 1800s. The character was considered a disgrace to her gender and socially inferior because of elements in her character that could not be tolerated by the social elite. While it could be contended that Daisy Miller was attempting to rebel against the European upper class, or that she was irresponsible to her social position, Daisy Miller was simply being true to her American beliefs about gender. Women's Suffrage and the progress of women outside of the home framed Daisy's viewpoints on her existence. Once in Europe these notions began to shape her relationship with others, both of European and American backgrounds. As the Europeans were insisting that Daisy understand the European customs in relation to propriety, the same people were negligent in comprehending Daisy's American heritage. However, the misconceptions that occurred throughout the story demonstrated how assumptions only serve to create a wider gap of communication between all people. James shows his readers that the practice of guilt by means of assumption occurs in reality, as well as in fiction."
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Growth Stocks, 2007.
A comparison of growth stocks and dividend stocks and their growth.
1,292 words (approx. 5.2 pages), 8 sources, MLA, $ 43.95
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Abstract
This paper discusses growth stocks verses dividend stocks and looks at why the market trend is toward investing in dividend stocks. The paper also explains why there has recently been an increase in criticism of growth stocks. Additionally, the paper describes the logic behind the investment in growth stocks and their typical expected growth, as well as provides an explanation of dividend stocks.
From the Paper
"There is some argument made that the emphasis on growth stocks and growth investing strategies over the last 20 years has been due to the increased emphasis on speculative trading spearheaded by various hedge funds. Hedge funds and similar minded investors seek growth stocks that will increase in value rapidly over the short term with the expectation that they will dump the stock as soon as a cost justification is reached (Murphy). That said, none would argue that a renewed emphasis on dividend stocks would return some much needed stability to the stock markets and allow for wealth creation based on sound business strategies and long-term strategic decisions of the companies being invested in. There will always be companies in the markets that exhibit rapid earnings growth but the emphasis should be on stable expansion rather than on a universal drive to expand earnings across all public companies in order to please investors. This type of mindset is both self-defeating and unsustainable."
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