Favorite Leaders Of Top Business Majors

Favorite Leaders Of Top Business Majors by: Jeff Schmitt on May 15, 2017 | 0 Comments Comments 705 Views May 15, 2017Some of the most admired business leaders by undergraduate business school studentsA generation ago, students would associate business leadership with traditional CEOs. They were the jet-setting wise men, decked out in tailored suits and surrounded by a team of mirror images. Sober and solitary, they were the deities trotted out to the masses to recap the year and issue boiler plate commendations.A lot has changed in the new millennium. Leadership has become defined by service and inclusion as much as toughness and charisma. In fact, a business leader can be just about anyone in an age of blurred lines between business and personal brand.IM NOT A BUSINESSMAN; IM A BUSINESS, MAN!Take Jay Z. Once a hop hop artist who sold CDs out of his car in Bed-Stuy, Jay Z become a global superstar thanks to collaborations with the likes of Justin Timberlake, Alicia Keys, and (of course) Beyonce. Instead of resting on his creative laurels, Jay Z crossed over into commerce as an entrepreneur. That has endeared him to The University of Maryland’s Mimi Verdonk, one of Poet Quants’ â€Å"Best Brightest† business majors from the Class of 2017. â€Å"While many artists, athletes and executives are only known for one thing,† Verdonk explains, â€Å"Jay Z knows the value of diversification. Not only is he an amazing rapper, he is involved in the restaurant, sports, clothing and beverage industries, while making time to be a family man. Jay Z embodies what it means to have a strong personal brand. Or, as he puts it, Im not a businessman; Im a business, man!Jay ZJay Z wasn’t the only unconventional choice by this year’s top business majors. Think bloggers are just washouts who can’t compete in a world outside of their parents’ basement? Perhaps you should look up Brett McKay, the founder of The Art of Manlines s, who is the business leader admired most by Brigham Young University’s Nick Kerr. â€Å"He built a successful blog and a suite of products based on helping men develop themselves for the purpose of serving their communities and improving the lives of others,† he points out. â€Å"Like other great entrepreneurs, he filled a market need that hadn’t yet been defined, like helping men tell the difference between oxfords and derbys, perform a proper deadlift, iron a shirt, and kick down a door.†The Class of 2017 even found leadership inspiration in perhaps the most unlikely venue: Washington, DC. With cable news dominated by fingerpointing and spinning, the graduating class held a soft spot for President Barack Obama. The University of California-Berkeley’s Grace Lee calls him â€Å"the greatest executive of all.† However, her esteem is rooted as much in who he is as what he did. â€Å"I choose the previous â€Å"executive† of the Unite d States for his genuineness, extraordinary charisma, ability to laugh at himself and to react to the most unexpected and obnoxious situations with incredible poise, professionalism, and grace.† However, Obama wasn’t the only member of his family to earn raves from business majors. Georgetown University’s Bserat Ghebremicael concedes that Michelle Obama is a nontraditional executive. However, she was smitten by the first lady’s seeming-effortless ability to inspire and set an example. â€Å"She’s held her role as First Lady with elegance and class, and has influenced so many young women across the nation to aspire for excellence,† Ghebremicael raves.ELON MUSK AND STEVE JOBS STIR THE IMAGINATIONS OF THE ‘BEST BRIGHTEST’As part of the nomination process, students selected for the â€Å"Best Brightest† undergraduate business majors were asked to share their favorite business leaders and the reason behind their choices. Not surprisingly, Elon Musk was cited more than anyone else, with graduates tapping into his efforts to push boundaries and fulfill a vision beyond simply turning a profit. The University of Missouri’s Katelyn Entzeroth considers Musk to be the â€Å"boldest entrepreneur of our time† while also lauding him for â€Å"transforming the formerly stagnant industries of auto and space† through Tesla and SpaceX respectively.† William Mary’s Seroja Boyakhchian praises Musk for his purpose, which he describes as â€Å"advancing boldly into the future of mankind.† That said, Musk’s success stems from far more than simply his vision, adds Arizona State’s Juan Pablo Forno Parro. â€Å"What I love most about Elon is that he has been able to get where he is by the fact that he outworks everyone in the room by dedicating â€Å"every waking hour† to the job at hand while maintaining a relentless and positive attitude.†Considering the class’ penchant for innovation, the late Steve Jobs was another hit with the Class of 2017. It’s no secret that Jobs had, in the words of the University of Florida’s Jade Mulvaney, â€Å"many flaws as a leader.† According to Mulvaney, Jobs also possessed virtues that few could ever hope to match. â€Å"What Steve Jobs had,† she reveals, â€Å"is a clear vision, an innovative spirit, a unique way of thinking and inspiring trust, and a well-defined purpose to make this world a better place through technology.† These abilities, adds Kari Jurewicz, enabled him to beat the odds and leave a legacy that was far greater than a small dent in the university. â€Å"I admire Steve Jobs because he made his life into something unimaginable,† Jurewicz asserts. â€Å"Without graduating college, he started Apple out of his garage and turned the company into an entrepreneurial innovation engine that changed the world.†Beto PerezJobs wasnâ€℠¢t the only leader celebrated for overcoming long odds and adversity. Cornell University’s Nabiha Keshwani lists Alberto â€Å"Beto† Perez, the creator of Zumba, as her favorite business leader. For Keshwani, the reasons are very personal. â€Å"Despite facing numerous obstacles and hearing â€Å"no† multiple times, he believed in his vision and stirred a fitness revolution. My favorite part of his story was when he claimed he could speak English in order to close a lucrative deal — and proceeded to learn the language shortly after. Coming from an immigrant family, I’m partial to his struggles of creating a home and living in America and admire his courage and bravery.†INTEL CEO SITS IN A CUBE LIKE EVERYONE ELSEThere is a saying that, ‘Who you admire is who you’ll ultimately become.’ For many ‘Best Brightest’ graduates, business leaders also serve as role models for how to think and act. During her internshi p at Deloitte and Touche, the University of Minnesota’s Callie Livengood got a look at CEO Cathy Engelbert. This experience provided a blueprint to Livengood for what she could become as her career progressed.   â€Å"As a woman who aspires to be an executive, mom, and successful business woman, I admire the grace and poise that Cathy has maintained in her leadership. Additionally, like Cathy, I hope to use my future success to push other women who strive to do great things for their companies and their communities into the business world.†Livengood’s classmate, Raffy Maristela, found his inspiration in Linkedin founder Reid Hoffman, who created an online networking platform with the mission of increasing economic opportunity for all. â€Å"I want to embody his ability to turn a mission-oriented idea into a force for productive societal change. His philosophy on the importance of mentorship is also something I truly admire and respect, and I want to incorpora te that into all of my future work environments.† Page 1 of 41234 »

One Flew Over the Cuckoo s Neat Literally Analysis - Free Essay Example

Sample details Pages: 2 Words: 666 Downloads: 4 Date added: 2019/07/30 Category Literature Essay Level High school Tags: One Flew Over The Cuckoo's Nest Essay Did you like this example?   Ã‚   Power and manipulation are common characteristics villains’ possess in literature. In Ken Kesey’s allegorical novel One Flew Over the Cuckoo’s Nest, the depraved Nurse Ratched is destructive in her villainous schemes by controlling others to acquire more power. Through her despicable ways of hurting others, she gains power and manipulates her patients to get what she desires.   Big Nurse is known as a strong dictator who uses fear to control her patients. Power corrupts an individual, which is created by control in order to rule a society of their choosing. With all of her authority, she is able to strike fear into people’s minds and seize the powerless. At the mental institution, the narrator, Chief Bromden describes it as, â€Å"Like a cartoon world, where the figures are flat and outlined in black, jerking through some kind of goofy story that might be really funny if it weren’t for the cartoon figures being really cool guys† (30). The hospital is characterized as a pretend world that the nurse created. She is the villain inside of the cartoon and her patients are her victims, where they cannot escape her totalitarianism rule at the institution. This demonstrates how Big Nurse is corrupt with her power and uses it to control other people’s lives. Don’t waste time! Our writers will create an original "One Flew Over the Cuckoo s Neat Literally Analysis" essay for you Create order Therefore, Nurse Ratched uses cruel punishments on her patients that rebel against her authority.   What worries me, Billy, she said I could hear the change in her voice is how your mother is going to take this†Ã¢â‚¬ ¦ â€Å"Billy, I have to tell. I hate to believe you would behave like this, but, really, what else can I think? I find you alone, on a mattress, with this sort of woman. (264). When Big Nurse finds Billy Bibbit with a prostitute after McMurphy held a party from the night before, she then uses her manipulation on him to get what she wants, additional preponderance. Since she knows and is best friends with Billy’s mother, the nurse has special authority over him. Consequently, when the nurse mentions â€Å"is how your mother is going to take this,† this led to Billy committing suicide as a punishment because the nurse knows that his greatest weakness is fearing his mother since he is considered a mama’s boy. Nurse Ratched predominantly does this as a way to retaliate McMurphy in order to stop him from reaching his aspiration of liberating the patients from her isolation and corruption. Hence the nature of evil, it is characterized as â€Å"whenever someone grows in strength by weakening someone else†¦Ã¢â‚¬  (Fosters 19). Nurse Ratched is selfish in her own matter of mortifying others in order to benefit herself for having more authority by using her foremost utensil of manipulation. One way is that she endears relinquishing people’s amour-propre such as forcing her patients to give up their confidential information and secrets they have during her mandatory group therapy sessions. The narrator describes her therapy sessions as â€Å"when twenty minutes had passed, she [Nurse Ratched] looked at her watch and said, Am I to take it that theres not a man among you that has committed some act that he has never admitted? She reached in the basket for the log book. Must we go over past history? (77). Eventually, with her evil intentional ways, â€Å"Her eyes clicked to the next man; each one jumped like a shooting gallery target. â€Å"I—one timeâ €”wanted to take my brother to bed. (78) as she forced the men to give up their personal secrets and linger until the patients snitch on one another. But not all of the commoners, since McMurphy is a foil persona to Nurse Ratched and is aware of her evil intentions. For her vicious schemes, Nurse Ratched gains intimacy of gratification by hurting living souls. She is egotistical only in the matter of hurting individuals so that she can acquire additional jurisdiction over the institution. Through her despicable ways, she gains power and manipulates her patients to get what she desires.

Acc 556 Week One Memo - 1179 Words

Internal Accountant’s Report to Management Jacqueline Tate-Tafoya ACC/556 June 18, 2012 Laurie McBroom MEMORANDUM TO: Management, JTT Accounting Firm FROM: Jacqueline Tate-Tafoya, CPA DATE: June 18, 2012 SUBJECT: Internal Accountant’s Report Per management’s request this document has been prepared to assist in determining if a full financial status review of the recent job bid is necessary. Fully understanding and preparing for possible issues is vital to our organization’s success. Several key points and issues should be reviewed prior to entering into any contracts. The following information will be discussed in this memo: 1.) The impact of occupational fraud and abuse on the company, 2.)†¦show more content†¦(Wells, 2011, p. 241). Bribery can come in many different forms but generally is defined as an act in which something of value is offered, given, received or solicited with the intent of influencing an official act. Illegal gratuities can be similar to bribes except these are usually given as a reward. Economic extortion is basically the demanding of money. â€Å"A conflict of interest occurs when an employee, manag er, or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.† (Wells, 2011, p. 242). These are not all corruption schemes that exist but have been determined to be more common than others and ones that should definitely be watched for when completing an audit or a full financial status review. Recommendation of types of accounting evidence and methods of gathering such evidence to support the financial status review Not all evidence is the same nor does it hold the same value in a case or trial. Evidence is defined as, â€Å"Anything perceptible by the five senses and any species of proof-such as testimony of witnesses, records, documents, facts, data or concrete objects†¦Ã¢â‚¬  (Singleton and Singleton, 2010, p. 214). In order to be valuable and legally acceptable evidence must be relevant, material. To hold relevance is to be able to establish a fact. An example of relevant evidence is one’s motive. If evidence shows that someone has something to gain then they have motive and the evidence isShow MoreRelatedAcc 5561986 Words   |  8 PagesSyllabus School of Business ACC/556 Version 5 Forensic Accounting Copyright  © 2012, 2011, 2009, 2008 by University of Phoenix. All rights reserved. Course Description In this course, students are introduced to the conduct of fraud examinations, including a discussion of specific procedures used in forensic accounting examinations and the reasoning behind these procedures. Topics include an overview of fraud and abuse, forensic evidence, substantive procedures for cash outflow irregularitiesRead MoreIncome Taxation Solutions Manual 1 300300 Words   |  1202 PagesCOMPREHENSIVE CASE SOLUTIONS – CHAPTERS 12 - 21 NOTE: The cases related to these solutions are posted on our website www.mcgrawhill.ca/olc/buckwold. They are not printed in the text. Solution to COMPREHENSIVE CASE ONE Seacourt Restaurants All of the issues in this case have been examined in depth in problems and cases of previous chapters and therefore the following solution briefly refers to the main issues of each segment. Where applicable, tax rates are assumed to be: Individual Corporation

Corporate Law for Southern Cross Interiors Ptd Ltd - myassignmenthelp

Question: Discuss about theCorporate Law for Southern Cross Interiors Ptd Ltd. Answer: A company is considered insolvent under section 9 of the Corporations Act, 2001 (Act) occurs when an individual is not solvent anymore i.e. the person is unable to pay the debts which have become payable. The companys ability of paying its debts is related with the question of the the ability of the company to pay the debts at the moment that they fall due. It would depend on the legally binding agreement as to whether or not a debt has become due and payable (Kong v Pilkington (Aust) Ltd, [1997]). In the case of Southern Cross Interiors Ptd Ltd (in liq) v Deputy Commissioner of Taxation (2001) it was stated that whether or not a company is insolvent is a question of fact and it is to based on considering the financial position of the company by looking at the whole commercial reality to conclude whether there are sufficient resources that the company has for meeting the liability that is falling short (Southern Cross Interiors Ptd Ltd (in liq) v Deputy Commissioner of Taxation, [200 1]). Some of the indicators of solvency are losses that are continuous, alternative finances are not accessible, relationship with banks are poor, unable to raise further capital in form of equity, taxes overdue, selected creditors have special arrangements, and such other factors. Under section 588G of the Act there is duty on the director to prevent insolvent trading under section 588G(3) it is required that there must have been a debt that had been incurred, at the time of the debt such individual was the director and due to the debt the company either becomes insolvent or is insolvent (Redmond and Brennan, 2013). The person at the time when the debt occurred was aware that the company was insolvent or would become insolvent. There is a reasonable ground to be suspecting that there is insolvency section 588G(1)(c), it was opined in the case of Queensland Bacon Pty Ltd v Rees (1966) Suspicion that something exists is more than a mere idle wondering whether it exists or not; it is a positive feeling of actual apprehension or mistrust, amounting to a slight opinion, but without sufficient evidence a reason to suspect that a fact exists is more than a reason to consider to look into the possibility of its existence (Queensland Bacon Pty Ltd v Rees, [1966]). It is not essential under section 588G(2) that the director is aware of the insolvency of the company but there should be reasonable grounds for suspecting such insolvency. There are five golden rules that are required to be followed by the director. The first being that the Director should proactively avoid head in the sand and should act in a manner that quick and early. The second being the monitoring of the companys financial position and if there is a ny financial difficulty that is being faced by the company should increase and vigorous safeguards should be adopted by the directors. Third being that legal and financial advice should be sought by the board. Fourth being that Banks and financial advisors should be engaged with the companys financial situation. Fifth being that Time is taken when it comes to restructuring and turnaround of the company. If there is a breach of Directors duty to prevent insolvent trading it would given rise to civil penalty and Australian Securities and Investment Commission (ASIC) can seek penalty once the declaration is made. Under section 588G(2) one or more of the following orders may be given by the Court if it is found that the director is in breach of the civil penalty provision. First being order for compensation under section 588 J and 1317 H an order may be passed by the court making the director liable personally for the payment of compensation to the company equal to the loss that was suffered by the company due to the failure of the director to prevent insolvent trading. Second being that of order for pecuniary penalty under section 1317G of the Act there may be an Order passed by the Court that a director is required to pay to the Commonwealth a pecuniary penalty up to $200,000 if in the opinion of the court there was a failure on the part of the director to prevent insolvent trading is materially or serious prejudice to the companys interest or ability of the company to pay to the creditors (CoseNZa, 2002). Finally the court may order for disqualification from managing a corporation under section 206C of the Act for a period of time which the court deems fit and justifiable. The different avenues that are available to the Director or the Company if the company goes insolvent are that of voluntary administration, receivership and liquidation. Voluntary Administration is process which starts with the appointment for the company which is under financial difficulty an administrator which investigates whether the creditors should enter into Deed of Company Arrangement, have the company wind up or revert back to administration normally (Dickfos and Anderson, 2008). It is not necessary for the company to be insolvent to enter into Voluntary Administration. The common method for entering into a Voluntary Administration is through a board resolution. Receivership is instituted usually by instituted by a secured creditor who appoints the receiver for security enforcement. There are various triggers to it deemed insolvency, actual insolvency or external administrators appointment. Liquidation is by way of an order of the court for halting of the business, assets re alization, liabilities being discharge and division of surplus between members. The main difference that exists between voluntary intervention appointment of voluntary administrator and involuntary intervention by way of receivership and liquidation is that with respect to voluntary intervention it is commonly by way of a board resolution that it is entered whereas involuntary intervention is either appointment of receiver who is chosen normally by the secured creditor or bank or liquidation which is by way of court order and the management of the company does not have any hold on it (Hayne, 2017). A good outcome for the company could be appointment of a voluntary administrator. The appointment of a voluntary administrator can be by the company if a resolution is passed by the board of directors that (i) in the opinion of the directors the company is either insolvent or is likely to become insolvent and that (ii) there should be for the company an appointment of an administrator: S436A(1) of the Act. The voluntary administrator gives the company a fair chance to go back to revert back to its administration if the same is found to be feasible by the administrator. The statistics for insolvency of companies in Australia can be observed in the graph below: Graph I Source: (Afsa.gov.au, 2017) In his book The Bold Riders Trevor Sykes has reminded us of the list of failures like the collapse of (i) Adelaide Steamship which was the largest industrial group in Australia; (ii) Bond Corporation the nation's ninth biggest enterprise measured by way of revenue; (iii) Bond Brewing which was nearly half of the industry of brewing; (iv) Bond Media, Channel 10 and Quintex which were the major three commercial networks of television; (v) Budget which was Australia's largest car renter and various such other failures. Though it is not a pleasant reminder, however, it is necessary to be kept reminding of them. They provide the basis on which the policies and law with respect to the Corporations and responsibilities and duties of directors (Skyes, 1994). One of the main issues with the insolvency laws in Australia is it is extremely severe which deters directors from thinking about interest of any other entity except that of the banks that in fact rather than assisting with the corporate turnarounds and reorganization they are impeding with the same. This comment forms a part of the debate that is on-going with respect to the insolvency laws in Australia and the effectiveness that they have when it comes to dealing with failure or distress of a business. To put in a different manner it is said that the emphasis in Australia is on the creditor's rights, explaining to them the failure of the company, pursuing of the director or such other misconduct and obtaining for the creditors as much as dividend which is possible. In Australia the corporate insolvency regime is seen as being pro-creditor, which has become an issue that is topical to Australia. In the present times in response to the various failures in the Australian economy, there was the imposition of numerous new legal duties upon the directors in Australia. A statutory standard of reasonable care and diligence was introduced by the Federal Parliament (Cassidy, 2016). There were various cases that were put forth before the court where attempts had been made for holding the directors at a standard that was higher than that which was expressed earlier under common law. AWA Limited v Daniels (AWA Limited v Daniels, [1992]) is one of the best-known cases Rogers CJ. The decision, in this case, was the starting point; it was interpreted as the adoption of a practical approach towards the duties of the director. It reinforced the notion that the non-executive directors could be held liable only in the cases where there was gross negligence. It was through objective and not subjective standards that their duty was to be judged. Their functions of management could not be delega ted. ASIC plays an important role as the corporate regulator, it can on its own accord bring action against the company. It is the main regulator when it comes to insolvency practitioners and is also termed as the gatekeeper. Working with IPA ASIC has developed a code of professional practice, and the work of IPA on the improvement of standards is supported by ASIC. The courts are also there, the liquidators appointed by the court play an extremly important role in supervising. For certain insolvencies there are also the creditor committees which are elected. A role of oversight is played by them in providing with advice and remuneration approval (Mr Tony D'Aloisio, Chair, ASIC, Committee Hansard, 12 March 2010, p. 2) One of the main responsibilities that ASIC has is that of prevention of insolvent trading, it can on the claim of insolvent trading take a director to court. ASIC on July 2010 published a regulatory guide to aid the directors in understanding and complying with the duty that they have for prevention of insolvent trading (Economics References Committee, 2010). The Companies Auditors and Liquidators Disciplinary Board (CALDB) is their for determining the disciplinary action that would be appropriate when ASIC has identified a wrongdoing. It can be observed that to prevent insolvent trading is a very important role of the director which also makes his role towards the company extremely essential as the companys stability primarily depends on it. There are various responsibilities that the directors have for ensuring that the company does not come to end due to insolvent trading (Black, 2014). The recent developments in the case laws have observed in the case of Australian Securities and Investments Commission v Active Super Pty Ltd (No 2) it was emphasised by Gordon J the width of the discretion of the Court whether a provisional liquidator would be appointed, observing that an appointment such only where there is good faith can an appointment like this be made in the application constitution a ground that was sufficient for such an order; that a reasonable prospect must be established by the applicant that the order of the company being wound up will be made upon the application and following in the case of Australia n Securities and Investments Commission v Solomon (Australian Securities and Investments Commission v Solomon, [1969]) it was opined that the other factors which are relevant include whether the asset of the company was at risk; whether the status quo is required to be preserved by the liquidator to allowing the decision of the court , after further examination whether the winding up of the company was necessary; the degree of the urgency; the interest of the public and whether it is required for the corporations accounts independent examination by someone who is not a director; and whether it is with due regard that the affairs of the company have been carried out (Australian Securities and Investments Commission v Active Super Pty Ltd (No 2), [2013]). References Afsa.gov.au. (2017). Business and non-business statistics | Australian Financial Security Authority. [online] Available at: https://www.afsa.gov.au/statistics/business-and-non-business-statistics [Accessed 19 Sep. 2017]. Australian Securities and Investment Commission. (2017). Corporate insolvencies: June quarter 2017. [online] Available at: https://download.asic.gov.au/media/4410590/201706-june-qtr-2017-summary-analysis.pdf [Accessed 19 Sep. 2017]. Australian Securities and Investments Commission v Active Super Pty Ltd (No 2) [2013]FCA 234 at ([12][15]); 93 ACSR 189. Australian Securities and Investments Commission v Solomon [1969]19 ACSR 73. AWA Limited v Daniels [1992]7 ACSR 759. Black, A. (2014). Recent Developments in Corporate Law. Australian Corporations Legislation; Lexis Nexis Buttersworth. CoseNZa, I. (2002). The Impact of Insolvency on the Recovery of Penalties. Australian Law Reform Commission Reform Journal. Dickfos, J. and Anderson, C. (2008). The Sovereign Voluntary Administrator Position of the Voluntary Administrator vis a` vis the company stakeholders. In: QUT Insolvency Workshop. Griffith Research Online. Economics References Committee (2010). The regulation, registration and remuneration of insolvency practitioners in Australia: the case for a new framework. Senate Printing Unit, Parliament House, Canberra. Hayne, K. (2017). Directors' Duties and a Company's Creditors. Melbourne University Law Review, 38(2), p.798. Kong v Pilkington (Aust) Ltd [1997]25 ACSR 103. Queensland Bacon Pty Ltd v Rees [1966]HCA 21. Redmond, P. and Brennan, F. (2013). Corporations and financial markets law. 6th ed. Lawbook Co. Skyes, T. (1994). The Bold Riders. Allen and Unwin, pp.1-2. Southern Cross Interiors Ptd Ltd (in liq) v Deputy Commissioner of Taxation [2001]. Wong, S. (2009). Forgiving a Directors Breach of Duty: A review of recent decisions. [online] https://law.unimelb.edu.au. Available at: https://law.unimelb.edu.au/__data/assets/pdf_file/0006/1709772/58-stevenwong_essay_6_May_20091.pdf [Accessed 19 Sep. 2017].