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Friday, October 11, 2019
Explore How Gender Is Represented in ââ¬ËBlissââ¬â¢ Essay
Bliss is targeted at teenage girls. The front cover of the magazine expresses this gender stereotype. An important stage in life is being a teenager. At this point in life, you start forming your own identity and it is hard to do when teenagers are immediately stereotyped and labelled. In particular, teenage girls are portrayed as either sweet and innocent or aggressive and acting too mature for their age. Teenage girls are perceived as being heavily involved in sex from a young age. The film ââ¬ËCruel Intentionsââ¬â¢ enforces this idea and encourages teenage girls to grow up fast and act beyond their age ââ¬â the magazine ââ¬ËBlissââ¬â¢ also encourages this. All teenagers suffer from these harsh stereotypes and compared to ââ¬ËCruel Intentionsââ¬â¢ the film ââ¬ËMy Summer of Loveââ¬â¢ shows teenagers trying to break away from these labels. From all the negativity that is being expressed by the older members of society towards the younger, teenagers look to magazines such as ââ¬ËBlissââ¬â¢ for inspiration on how they should look and act. Firstly the title of the magazine ââ¬ËBlissââ¬â¢ appears at the top of the magazine in a big, bold font and in the colour red to make it more vibrant as it is the first thing you pick up on. Its font is Sans serif which is straightforward and informal so the reader will relate to it more. Also, the actual word ââ¬ËBlissââ¬â¢ means a state of perfect happiness so this is implying that the reader will be happy if they read this magazine. ââ¬ËBlissââ¬â¢ is also a name you expect as it reminds the reader of something glamorous or girly which attracts the female stereotype of the girly teenager. In the centre of the cover is a photograph of Taylor Swift who is considered a popular role model among teenage girls. She wears red lipstick which fits in with the colour scheme of the cover (red). The dress she is wearing is in metallic silver and this is in contrast to the red and blue colours to make her stand out more. All the text is framed around the centre image to make the focus on her. She is also using direct address by looking into the camera; this is a form of interaction as the audience may feel connected with the image on the front cover. Also, wrapped behind the centre image is a ribbon with ââ¬ËTaylor talks loveââ¬â¢ written on it. This is to enforce the idea encouraging teenage girls to learn about love but in this instance, from Taylor Swift. The ââ¬Ëoââ¬â¢ in the word ââ¬Ëloveââ¬â¢ is represented by a love heart (there are also love hearts surrounding this text). This appeals more too teenage girls as it is implying this magazine issue is all about love and stereotypical teenage girls idealize about love. The ribbon is shaped in order to draw attention to the eye. Underneath the ribbon it mentions a quote from Taylor Swift saying ââ¬ËWith boys, you have to learn the hard wayâ⬠¦Ã¢â¬â¢ this is suggesting that girls havenââ¬â¢t learnt about relationships and boys yet, and is encouraging girls to grow up fast and act more mature. Also, the price of the magazine is cheap (à £2.99) compared to other monthly magazines and teenagers are most likely to have low disposable incomes so there is more chance they will buy it. Also, ââ¬ËBlissââ¬â¢ is a monthly magazine so readers wonââ¬â¢t have to buy it so many times, so they will save money, again this is more likely for teenagers to buy it. As the magazine is monthly, it will be more detailed and last longer than a weekly magazine so this is more reason for teenagers to read it. The language used on the cover is stereotypically used by teenagers (teenage girls in particular), for example, ââ¬Ë(So. Much. Goss!)ââ¬â¢ this will appeal more to teenage girls as they understand these sayings the magazine uses. Also, this quote is referring to Harry Styles who is part of the boy band One Direction who have a female fan base so to see some text on the cover stating they have loads of gossip about Harry Styles, is going to draw in their fan base which is primarily, teenage girls. In the bottom left corner of the cover is a list of celebrities that are popular among teenage girls. This encourages the male celebrities featured to be possible love interests and encourages the female celebrities to be possible role models. On the front cover, near the top, it states ââ¬Ëhorrifying real-lifeââ¬â¢ and then follows with a quote from a real life story. The fact they have chosen to feature a real life story applies to the uses and gratifications theory as teenagers can relate to it and identify with themselves. Also, along with the title at the top of page is the website address for the magazine. This shows that the magazine is technology adept and it also creates convergence on an online community. The modern day teenager spends more time on the internet now so it is likely that if they are interested in the magazine they will visit the website as well. At the bottom of the magazine are images of clothes. These images represent teenage fashion and create a desire for the products. ââ¬ËBlissââ¬â¢ makes fashion an important issue and it supports this stereotypical idea that girls are obsessed with fashion and are trying to be mature which has been encouraged by the media. The front cover of any magazine is extremely important because when you are looking for which magazine you are going to buy it is the front cover that is what is going to attract you to each individual magazine. The stereotypical idea of the female gender is seen throughout the front cover of ââ¬ËBlissââ¬â¢ by including features of fashion, gossip, boys and potential female role models. Also the colour scheme of red romanticises the magazine which encourages girls to grow up fast. There is a combination of presentational features used and attention to relevant content ensures the magazine will be extremely attractive to the female gender.
Thursday, October 10, 2019
Examining the Saytam scandal
1.1 JustificationI chose this dirt because it was a recent and a really large one. It is besides really international as it is an outsourcing house, the effects of the dirt affected many other states. Many people lost their investings and India has lost the other states ââ¬Ë trust deeply. It is really suited to explicate with assorted ethical elements.1.2 What is the Scandal about, who are the histrions in it?On 7 January 2009 by the confess of B. Ramalinga Raju, who is the laminitis and besides the president of the Satyam Computer, the universe has learnt and shocked about the fradulent fiscal activities that the Satyam interfered. Ramalinga Raju founded Satyam in 1987 with merely 20 employees which was India ââ¬Ës 4th largest outsourcing company with $ 1 billion one-year grosss Satyam Computer Services Ltd was incorporated in 1989 and it went public in 1992. With each go throughing twelvemonth, Satyam strengthened its place and extended its operations to assorted locations. . However when it is discovered the cheatings of Satyam, inquiries arose about how Satyam came to this place. For replying these inquiries we must travel back to the ninetiess. The 2nd half of the 1990s was the liberalisation period in which the importance of the corporations increased extremely in India. Increased competition forced corporations to seek unethical ways to drive their concerns. As coming into being subsequently, Ramalinga Raju besides engaged in such actions to demo its company ââ¬Ës public presentation better off. In 2008, although the board of managers hesitated, Satyam acquired Maytas Infrastructure and Maytas Properties that were founded by the laminitis Ramalinga Raju ââ¬Ës household for $ 1.6 billion. These both companies belonged to Raju ââ¬Ës boies and in the terminal the authorities had to reexamine the trade and the frailty president of India criticized it. When the authorities and the clients of the Satyam became leery about this behavior of Satyam and the investors panically and all of a sudden sold a immense sum of the stocks, Satyam called of its determination. Satyam investors lost 3,400 Indian Rupee in the related terror merchandising. The acquisition created a incredulity in New York Stock Exchange and the Satyam portions fell 55 % . Because of that, the board of managers had to vacate at the terminal of the twelvemonth Then on 29th December, 3 members of board of managers quit their occupations, it is the twenty-four hours when board of managers announced that they will purchase back for deriving the trust of their investors once more. However the things kept traveling worse off. On December 23, The World Bank announced that it banned the Satyam from making concern with it due to data larceny and graft. Market guesss about that the Satyam making fraud counterfeit and breach of contract increased tremendously. It is when the value of the booster interest of Satyam decreased to 5 % , which is an index that the Satyam was stranded, On 7 January 2009, company Chairman Ramalinga Raju resigned after advising board members and the Securities and Exchange Board of India ( SEBI ) that Satyam ââ¬Ës histories had been falsified ( Arakali,2009 ) .Raju confessed that Satyam ââ¬Ës balance sheet of 30 September 2008 contained: hyperbolic figures for hard currency and bank balances, an accumulated involvemen t of Rs. 376 crore which was non-existent, an unostentatious liability of Rs. 1,230 crore and an exaggerated debitors ââ¬Ë place of Rs. 490 crore ( as against Rs. 2,651 crore in the books ) .After probes are deepened, it was found that he had picked the lesser of two offenses when he decided to squeal the offense and he siphoned off financess by blow uping employee Numberss, made many ââ¬Å" benami â⬠land trades, opened ââ¬Å" benami â⬠bank histories, through relations and friends and used them to merchandise in Satyam ââ¬Ës portions ( Aneja,2009 ) . Benami history means that when you purchase something in the name of person else by using your ain financess, you use that individual as a name-lender and this is called a ââ¬Ë benami dealing ââ¬Ë and this is illegal, it can be made legal by reassigning the land in your name but this will affect stomp responsibility and enrollment charges. As a consequence, merely a little use in the company ââ¬Ës balance sheet consequence in difference of INR 71,36 one million millions between the existent operating net income As Mr. Raju besides stated in his missive, this difference continued to turn in many old ages and there had been taken many actions to make full this spread and the attemp to purchase Maytas was the last attemp to cover the fictitous assets with existent 1s. He besides claimed that neither he nor the pull offing managers benefited financially from the hyperbolic grosss and none of the board members had any cognition of the state of affairs in which the company was placed. It is really hard to change over everything back to an ethical and right manner after a point and Satyam had already passed this point which means it was inevitable for Satyam to be revelation. After the confession, the board of managers was banned from working and 10 nominal managers are appointed. Ramalinga Raju had arrested on charges of breach of trust, disproof of records, cheating, counterfeit and go againsting insider trading norm. A figure of employees including a top executive and CFO who laid the basis for the fraud and involved in the distorting the bank statements. The CFO of Satyam besides arrested. PWC as being the audit house of Satyam had lost assurance by its clients and 2 of its top functionaries were arrested. This dirt called by the media as Indian ââ¬Ës Enron and it has brought into inquiry the degrees of corporate administration in the state after this dirt. Satyam ââ¬Ës portions decreased by % 75 and it caused the Indian ââ¬Ës stock market to fall by % 7.[ 1 ] Rajiv Gupta, one of the investors of Satyam, told in an interview with BBC that he found the state of affairss occurred after the dirt really distressing and the clip is the worst possible clip to go on while the markets were merely started to look like they were retrieving.[ 2 ] However, it is non the market merely affected from this dirt ; investors, employees, providers, clients all injured from the incorrect making. It is obvious that there are some people who violated some moral issues and act unethically. Now I will seek to integrate moralss into existent life instance and evaluate in the visible radiations of different ethical rules to be able to do judgement whether it is in conformity with or in misdemeanor of moral criterions.1.3 Who has the moral duty? Who are to fault?The term moral duty sometimes means to fault a individual for something. A individual is morally responsible for the hurts or a incorrect if: caused or helped to do it, or failed to forestall it when he could hold and should hold, did so cognizing what he was making did so of his ain free will. In modern corporations duty is distributed among a figure of collaborating parties. The parties produce the corporate act together. The system arises a inquiry about who is responsible for jointly produced act. The traditional position is who is wittingly and freely lend the corporate act is responsible for the incorrect. In Satyam instance fraud and misrepresentation at Satyam Computer Services in India consist of several i mmoral Acts of the Apostless. Double accounting books, 1000s of bad bills, 1000s of unneeded employees and tonss of bogus bank statements, harmonizing to tribunal records ( Diaz,2009 ) . So a figure of fraud Acts of the Apostless was seen. Harmonizing to corporate duty theory who is responsible for? Whole company employees, employees, directors, board of managers, stockholders even hearers? In immoral Acts of the Apostless an person merely be responsible for an fraud if the individual is wittingly and freely do the unlawful act or non to take part the act but cognizant of it so non the brand an action to Under these conditions, we have to see both Mr. Raju, the audit house PricewaterhouseCoopers and board of managers and happen out if they were morally responsible for the fraud or non. Mr. Raju ; we can evidently see that he caused the fraud, since he wrote a confession missive to the imperativeness and told all the fraud. Furthermore we know that Mr. Raju acted of his ain free will by moving intentionally and purposefully and his actions were non the consequence of some unmanageable mental urge or external force. PwC ; the audit house claimed that they did non cognize about the fraud and the company gave them the incorrect fiscal statements, so they did non acknowledge the fraud. Hearers are responsible to analyze the fiscal statements of the company. Satyam committed an erroneous entering assets which did no exist. PwC is the audit company and should hold recognized the fraud so PwC failed to forestall it when it could hold prevented due to their profession ( Pettet,2009 ) . Through their profession, the audit house is in a place to observe any incompatibility or fraud in the statements. The house could hold raised inquiries about the immense non-existing money. They should hold paid necessary professional attending to their work ( Sekhar,2009 ) This demand is an duty for the hearers. In Satyam the hearers who are S. Gopala Krishnan and Srinivas Talluri, who have been suspended from PricewaterhouseCoopers instances the hearers are besides confronting charges ( Diaz,2009 ) Board of Directors ; when we think about the responsibilities of the board such as regulating the organisation, O.K.ing one-year budgets and oversee the activities of the company, it is clearly seen that the board did non make its responsibilities. They likely did non analyze the operations of the company carefully and did non cognize what was go oning in the company. Therefore, we can state that the board failed to forestall it when it could hold and should hold prevented it.In Satyam instances harmonizing to Ram Mynampati he and other board of directos had no cognition of the fiscal fraud. So they are non responsible for the immoral act because they have no cognition so ignorance of the act ( Vaswani,2009 ) One can state that PwC and the Board are nescient about the issue, nevertheless, they might be intentionally nescient, and if they recognize that something was traveling incorrect and did non state anything. For illustration Mr. Raju wanted to purchase the Maytas Infrastructure Company ââ¬Ës portions and the board knows that their concern has no relationship with substructure but they did non seek about the grounds why Mr.Raju wants to purchase the portions. The other exclusion of ignorance is being negligent. Both PwC and the Board failed to take necessary actions and they may pretermit the discernible hints of the fraud, it is non an alibi but it may cut down their duty.Section 2 Philosophers oppugning the Scandal combined with ethical rules in Business2.1 Kohlberg ââ¬Ës Moral DevelopmentRamalinga Raju can be the victim of his ego involvements. He may believe that its effects would be profitable and positive to his ego involvements. He may gain more money if he did non squeal the fraud and resign. Even if inflating figures and demoing a non-existent accumulated involvement are non ethical, but these actions would ensue in net income to him, hence, he sacrifice from being ethical. So, we can state that Mr. Raju is at the first degree ââ¬Å" preconventional phases â⬠and at ââ¬Å" Instrumental and Relative Orientation Stage â⬠.[ 3 ]2.2 Ethical Principles In Business2.2.1 Utilitarianism:Harmonizing to Utilitarian attack, it is indispensable to see both the immediate and foreseeable hereafter costs and benefits that each option will bring forth for each and every person. The costs of the dirt are terrible. For illustration, 6 million guiltless stockholders some of them have lost their full life nest eggs because Satyam lost its value by 78 % ( Vaswani, 2009 ) . Employees suffered from the falsified histories and lose their occupation in long term. He besides diverted big amounts of money belong to stockholders by feigning to do salary payments to non-existent employee s mean that lessening the grosss of stockholders. Harmonizing to utilitarians, there is nil unethical to distort the informations in the records. Utilitarians think that the actions which produce the greatest benefit and the lowest cost for the society. Before the revelation of the fraud, the investors were puting their money into Satyam and so the company could go on to run. If the company had showed the existent state of affairs to the society, no investors would take Satyam that the company would likely hold had to be near down. In short all of its 53000 employees would go out of employ which is a large cost to the society. So there is a benefit of protecting to occupations of employees and moreover Mr. Raju and some other managers besides might be benefited from the fraud and there were no one acquiring hurting before the revelation. So harmonizing to useful attack, it is right to rip off on study in this state of affairs. However there are jobs with rights and justness, because this behavior is n't a right moral regulation, it is non right to rip off on report.The legal system of India, petmits disproof of informations which means Mr. Raju and other people played function in fraud do non hold a legal right to make that. However is it besides incorrect harmonizing to moral rights? Moral rights are correlated with responsibilities. When a individual ha ve a moral right, the other have a responsibility non to interfere him or to supply him his right. Here in the instance, investors have right to cognize the existent place of the company which they are puting. However by rip offing on records is violated their rights. Satyam dirt has damaged the remainder of the Indian tech services industry because foreign companies were discouraged for outsourcing owing to the dirt. It is obvious that many U.S. and European clients including General Electric, General Motor, Nestle, and besides United States Government will rethink their trust on non merely the company but besides Indian outsourcing and the credibleness in western clients will endure in the long tally ( Gorkey, 2009 ) . As a effect of the instance, the full corporate administration system in India has been unfaithful for most companies. On the other manus, dirt created an chance for India ââ¬Ës challengers in the outsourcing game and smaller IT companies in foreign states can get down concern with Satyam ââ¬Ës clients. However some clients are encouraged to maintain occupations at place state in order to avoid any hazards of fraud. It can fresh place market of the clients who may prefer to make concern in their ain sector which will derive more net income itself. There are some Raju ââ¬Ës parts to society that can be calculated on benefits side like constructing an exigency health care supplier called EMRI and puting up an exigency medical service ( EMS ) . At the terminal of cost-benefit analysis, net public-service corporation that produced by the dirt is negative intending more costs over benefits so it is non a right action.2.2.2 Kantian RightsRamalinga Raju in his missive noted that, Satyam had really made 3 % border, nevertheless many economic experts and bookmans find it laughably low in IT industry ( Shirsat, 2009 ) .This claim supports the claim that Raju pick the lesser of two offenses when he decided to squeal the offense. Besides he inflated the head count of employees to syphon off financess from company ( Vaswani, 2009 ) .Therefore we can reason that more money was coming into company but it was being siphoned out. He used his aged female parent ââ¬Ës name to do about 400 ââ¬Å" benami â⬠land trades, invest in other concerns such as existent estate with the many. First of wholly, he diverted big amounts of money belong to stockholders by feigning to do salary payments to non-existent employees. The state of affairs can non go through both the universalizability and reversibility standards of Kantian rights. ( Velasquez,2006 ) He besides violated the 2nd preparation of Kant because he used these non-existent employees and his aged female parent as a agency for his ain will and profaned human self-respect norm. Besides misdemeanor of the belongings rights of stockholders by utilizing belongings belongs to company without permission can be seen as an unethical pattern. Corporate jurisprudence practicians said Raju violated officers ââ¬Ë right to cognize by abetting them to perpetrate fiscal fraud. Another issue is Raju is known for his philanthropic gift and committedness to assisting India ââ¬Ës rural hapless. He reportedly donated more than $ 50 million of his ain money to make the plan. With the wealth generated by money of others doing such a committedness to society is unethical. This violates the stockholders ââ¬Ë right to take because they have a right to take how to utilize their ain money for assisting hapless or non. Furthermore harmonizing to Kant ââ¬Ës first preparation, ââ¬Å" the individual ââ¬Ës grounds for moving must be grounds that he or she would be willing to hold all others use, even as a footing o how they treat him or her. â⬠Mr. Raju likely would n't desire to put in a company that looks being in a good state of affairs but is really in a bad state of affairs. So besides harmonizing to Kant ââ¬Ës Categorical Imperative it is non right. Satyam dirt involves inquiries of justness and equity. From the ââ¬Å" Distributive Justice â⬠point of position which is the justness class based on the thought that benefits and loads should be distributed every bit, instance involves many unfair patterns. Here Ramalinga Raju and his household diverted money from Satyam to their ain will. Besides with the transportation of portions to the household members, they gave immense loss to the little investors. All benefits went to the Ramalinga Raju and his household. Employees, investors and creditors who had nil to make with the fraud all suffer awful effects and bear all loads. Besides IT industry in India has spent 20 old ages constructing up credibleness with Western clients, but this dirt is foreseen to do many U.S. and European clients rethink their trust on Indian outsourcing. From the retaliatory justness position, Mr. , Raju can be blamed and punished for making incorrect wittingly and in his ain free will. What is upseting is that for over seven old ages the man of affairs who consistently committed fraud was supported by politicians in power in the Andhra Pradesh Government. His association with the top leaders meant that Raju got immense balls of premier land at throw-away monetary values for Technology Park and other intents and many other installations which enabled Satyam to spread out and turn quickly ( Balachandran, 2009 ) . Banks and fiscal establishments allowed Raju to open 1000s of histories without oppugning. They provided statements about the company ââ¬Ës finance as Raju requested. Raju was allowed inside cognition of authorities policies, development programs and undertakings even before the blue-prints were prepared. This enabled him and his pool, Maytas Infra, to offer for undertakings on favourable footings. The whole authorities system was harnessed to stand in function Raju ââ¬Ës involvements. Harmonizing to Rawls ââ¬Ë just equality of chance rule, everyone should be given an equal chance to measure up for the more privileged places. It can be seen that Raju had greater chances than other people and got discriminatory intervention by Bankss, establishments and authorities. The dirt ends with heavy load on society and causes inefficiency in the system so is deemed to go against the difference rule which is the claim that a productive society will integrate inequalities. The difference rule implies that it is incorrect to victimize stockholders and investors because action creates inefficiency.2.2.3 Virtue Ethical motives:Raju has an MBA Ohio University and is an alumna of Harvard Business School, in other words he is a knowing individual. Harmonizing to the Corruption Perception Index 20 04 ( CPI ) which ranks the states in their order of corruptness, out of the 146 states listed, India where he grew ranks a hapless 91. In Satyam instance, Raju ââ¬Ës incorrect act might be related to the undermentioned three state of affairss: foremost, it might be related to his single sense of values, so wholly he has done come from his personal moral values. Second, it might come from is the value cherished by society where he turn. Harmonizing to the thought, Raju might be affected by the Indian society and civilization. Finally, the system of administration might hold an influence on Raju ââ¬Ës behaviours. I would personally hold with this point, each civilization and state has different tolerances and different ways to carry through concern. In India it might hold been easier to make it, than in any other state or the life conditions and society values may promote him to make such a thing.2.3 The Persons in The Organization2.3.1 Conflict of InterestThe policies and processs under codification of struggle of involvement requires that the managers and associates of the company shall avoid any activity or association that creates or appears to make a struggle between the personal involvements of the managers and associates and the company ââ¬Ës concern involvements. In the instance of Satyam, the hearers of Satyam might hold faced with struggles of involvement while attesting the fiscal record of Satyam. They have softened their criterion while scrutinizing the company fiscal statement. It is clear that the trueness or duty to the client, here it is Satyam, is divided or in struggle with opportunism of Hearers and the involvement of Satyam ââ¬Ës direction. In add-on, the company corporate administration does non demo any struggle of involvement between direction and proprietors, the job was caused by the struggle of involvement between the dominant stockholders ( boosters ) and the minority stockholders. The boosters that involve Mr. Raju, together with their friends and relations were the dominant stockholders. The company proposed to put $ 1.6 billion to purchase existent estate and substructure houses, Maytas Properties and Maytas Infrastructure, run by the boies of its founder-chairman Raju. Investors and analysts questioned the move by the Hyderabad-based package exporters to pay such a immense amount to get companies linked to Raju and raised concerns about corporate administration at Satyam and its credibleness in the eyes of planetary clients and stockholders. Ramalinga Raju, nevertheless, justified the determination, stating it was portion of a ââ¬Å" good variegation scheme â⬠. Representatives of investors such as Templeton and Motilal Oswal complained that Satyam had no concern purchasing existent estate or substructure companies and that their investing in Satyam was because it was engaged in supplying package services ( www.tahindian.com ) . There is an existent s truggle of involvement under this investing determination and besides supported the claim that ââ¬Å" all money invested in Maytas belongs to Satyam â⬠. Then Raju stated that the aborted Maytas trade was really last effort to make full the fabricated assets with existent 1s. Though the fiscal establishments owned bulk of interest, but historically they used to play a inactive function in the company. This was leting the boosters, Mr. Raju and his relations to play the corruptness game. The boosters were seeking to re-structure the concern and were besides deviating assets between group companies. So, this shows the struggle of involvement between these parties.2.3.2 Insider TradingSatyam boosters and top functionaries may hold charged in insider trading. Research workers are coming across grounds of insider trading by the boosters even before the dirt broke. The probe is besides concentrating on the allegations of insider trading in the period before the failed December 16. T here are adequate arrows to insider trading by the Satyam boosters and the companies floated by them and their relations. The insider trading in Satyam is formed by the top direction of Satyam ââ¬â the managers and senior functionaries ââ¬â with selling portions in front with that books have been overstated, taking to an hyperbolic stock monetary value that helped the top direction do money. The top direction offloaded the company ââ¬Ës 6.01 lakh portions this fiscal twelvemonth merely before the confessions of Raju. It reminded the possibility that there may be people who must be cognizant of things to come and might hold offloaded their retention merely earlier fiasco ( Agarwal, 2009 ) . Srinivas Vadlamani, the main fiscal officer of Satyam Computer Service, has been the most active in offloading the portions. Srinivas offloaded 92,358 portions in two episodes in September. Ram Mynampati, president of Satyam and a member of the board, besides offloaded 80,000 portions in three installments in May and June. Interestingly, during the past nine months, none of the top direction squad of Satyam has purchased its portions. The heavy merchandising of portions by the Satyam big-wigs in September was ab initio attributed to the developing uncertainness in the economic scenario. However, put in the larger strategy of things, the sale could be a instance of insider trading. The tendency has asserted in December when 28,500 portions of the company were sold by its senior functionaries. The most recent sellout was done by AS Murthy, main information officer, who sold 21,000 portions between December 12 and 15 ( Agarwal, 2009 ) .Mr. Raju inflated the history for increasing the mo netary value of portions so that he and his confederates get maximal net incomes, in which he succeeded besides. The twenty-four hours this intelligence broke, the Satyam ââ¬Ës portion was surging. Here, the SEBI and Ministry of Company Affairs excessively have failed in their assigned occupations. SEBI is the highest regulator and keeps eagle oculus on the activities of the capital markets. When the net incomes of this company were registering unnatural growing, thereby the monetary values of the portions were surging, they do non hold any effort, there has been a batch of chromaticity and call with regard to insider trading ; a ululation SEBI failed to listen to and it inflicted to a great extent on Satyam. Although insider trading per se is non illegal but it is unethical, furthermore when Company ââ¬Ës high functionary who were on portion selling fling must had the thought of what was traveling in the company. Raju had besides opened multiple benami ( silent person ) accounts through relations and friends and used them to merchandise in Satyam ââ¬Ës portions, go againsting the insider trading norm. He used the company ââ¬Ës proprietary information to reassign securities to his brother Suryanarayana Raju and to his female parent Appalanarsama Raju. Crime Investigation Department ( CID ) of the Andhra Pradesh constabularies and Central bureaus has confirmed that the boosters indulged in insider trading of the company ââ¬Ës portions. ( NDTV Correspondent,2009 )2.4 RationalizationIt may look easy to apologize this at first. Managers ever trust in themselves and in their accomplishments a batch, and believe that their company is basically sound. They believe that they will do it up in the hereafter without anybody detecting it when there is a job and. They do everything to apologize their moves, their determinations in order to look guiltless. When the company faces the spread and unab le to do it up, a larger deformation is needed to cover up, as Raju added in his missive. He bet that neither him nor the pull offing manager has benefitted in the fiscal footings on history of the hyperbolic consequences, even 1 rupee/dollar. Put otherwise, he claims that he did distort histories in order to maintain operating traveling at Satyam and to be able to supply prompt payments of salary. He besides gave an account to Maytas acquisition and rationalized it by claiming that he merely tried to make full the fabricated assets of Satyam with existent 1s. What is more, he said ââ¬ËSignificant dividend payments, acquisitions and capital outgos to supply for growing did non assist affairs. ââ¬Ë He asserted these claims to happen an alibi for his fraud.2.5 Stakeholder AnalysisHarmonizing to new stakeholder theory, direction bears no extra fiducial relationships to 3rd parties but have morally important nonfudiciary duties to 3rd parties. It means direction may ne'er hold promised clients, employees a ââ¬Å" return on investing â⬠but obliged to take earnestly its extra-legal duties non to wound, lie to or rip off these stakeholders ( Goodpaster, 1991 ) . Until the fraud, the secret of Raju ââ¬Ës outstanding success is thought to lie in his simple, yet extended direction theoretical account that creates value, promotes entrepreneurship, focuses unrelentingly on the client and purposes at changeless chase of excellence for all stakeholders. The fraud showed that he is far off from this first-class image. He failed to exert his duties which are non to wound, lie or rip off the stakeholders. All stakeholders are lied and cheated with the falsified Numberss and studies for many old ages. In May, Satyam has merely over 40,000 employees, about each of them on the ââ¬Ëbench ââ¬Ë are in danger of losing employment at Satyam. Equally good as, clients of Satyam including Nestle, Nissan, in a large scraping because they do n't desire to work with Satyam any longer but passage is besides hard for them. Furthermore IT industry participants, rivals and providers were lied, cheated and injured by SatyamSection 3 The Ironies in the Scandal & A ; The Awards of the Ceo3.1 SarcasmsThis dirt includes many sarcasms in it, from the name of the company to present the house and the Ceo received: Satyam means ââ¬Å" truth â⬠in Sanskrit, Satyam earned a United Kingdom Trade and Investment India Business Award for Corporate Social Responsibility, Satyam got Global Award for Excellence in Corporate Governance for 2008, In 2007 Ramalinga Raju was chosen as the best enterpriser of the twelvemonth by Ernst & A ; Young, Satyam was selected for the formal IT patron of the World Cup 2010-2014 by FIFA.3.2 Corporate AdministrationGolden Peacock award was given to Satyam for its corporate administration criterions. This is the sarcasm of the state of affairs that a company which was considered the best in IT industry has such low corporate administration criterions. On top it the Board of Directors was non even apprised of even anything. Corporate Administration as defined is ââ¬Å" Corporate administration refers to the legal and factual model of the direction and monitoring of companies. Corporate administration ordinances are geared towards transparence and therefore beef up the trust in direction and control concentrating on value creative activity â⬠. There are few importance elements of corporate administration viz. Auditing, Independent Directors, Regulators and Finally the Board including CEO itself. If we examine these components one by one, it would be crystal clear that all the components either failed or did non move as was required. The function of Price Waterhouse Coopers, the Auditing house of Satyam has been dealt. So, the Satyam fraud is unfolding and so are the built-in failings of Corporate Governance in India. The fraud has brought to illume the fact that in India the differentiation between proprietors and direction is still non really clear. Where the proprietors are besides the directors, such frauds are ever a possibility.Section 4 Conclusion and Suggestions4.1 What should hold been done, where did Raju make incorrectly?Satyam Computer company is a global company. The company has many clients all around the universe and the foreign investors come to India to put in the company. As being a large company, it requires a good corporate administration system and correlativity among parties of company. All of the parties should follow their responsibilities harmonizing to the contract with the company. So that the company will last, spread out its market portion and function their clients in a confidential mode. The Chief executive officer of the Satyam Computers and other people involved in the procedure was blamed for the immoral Acts of the Apostless which was blow uping hard currency and bank balances, accruing involvement that are non-existing, exaggerating debitors ââ¬Ë place in the books, graft, insider trading and etc. A company director is responsible to transport the company in the chase of net income and while seeking ways to increase net income the company should obey the legal issues and Torahs. Mr. Raju did non follow these rules that the company lost it ââ¬Ës clients, repute and damaged economically both in the place and foreign market. Mr. Raju used his authorization and power in an inappropriate ways. In this study, Satyam dirt and related ethical quandary ar e evaluated in the visible radiations of different ethical rules. The major purpose was to integrate moralss into this existent life to be able to do judgement whether it is in conformity with or in misdemeanor of moral criterions. Moral duty and incrimination analysis showed that Mr. Raju is morally responsible for the incorrect with no extenuating factor even he tried to apologize his incorrect making in his missive. PwC and board of managers stay negligent about the issue by neglecting to take necessary actions, their carelessness may decrease their duty but can non wholly take. At the terminal of cost-benefit analysis, net public-service corporation that produced by the dirt is found to be negative significance more costs over benefits so it is non a right action. Harmonizing to rights and justness. Raju ââ¬Ës actions are unfair and contradict to Rawl ââ¬Ës rules and besides violate Kant ââ¬Ës first and 2nd preparation and rights of others. As a president of the company, Raju failed to populate up the responsibility to prosecute the ends of the house by moving on a ââ¬Å" struggle of involvement â⬠and merchandising company ââ¬Ës stock on the footing of ââ¬Å" inside â⬠information. Besides new stakeholder analysis proved that Satyam direction failed to exert their duties toward the stakeholders which are non to wound, lie to or rip off the stakeholders. Raju ââ¬Ës actions are immoral and he sacrificed being ethical purposefully for his ego involvement which lead us to set him into the ââ¬Å" Instrumental egoism â⬠phase of Kohlberg ââ¬Ës moral development phases.4.2 Introduction of a Company Ethics ProgramAlthough Raju has an MBA Ohio University and is an alumna of Harvard Business School, he made the fraud, it shows the importance of holding common sense, the instruction does non count all the clip. ââ¬Å" Company Ethics Program â⬠should be formulated and each and every person should perpetrate this, Exercise of this plan should be followed and monitored persistently and systematically. Peoples should be trained, retrained until the rules are internalized, It besides showed us the importance of whistle blowing, The harm would be less if person blew the whistling earlier. Audited account houses should be more careful while analyzing the fiscal statements of the companies. In the terminal they besides have a large portion in this game and they are to fault Whistle blowing: Whistleblower is a individual who raises a concern about wrongdoing happening in an organisation or organic structure of people. Normally this individual would be from that same organisation. This misconduct can be classified in many ways such as a misdemeanor of a jurisprudence, regulation, ordinance and/or a direct menace to public involvement, such as fraud, health/safety misdemeanors, and corruptness. Whistle blowers may do their allegations internally ( for illustration, to other people within the accused organisation ) or externally ( to regulators, jurisprudence enforcement bureaus, to the media or to groups concerned with the issues ) .[ 4 ]
Mise-En-Scene Essay
Forrest Gump For over a century now, individuals have been flocking to witness the magic of motion pictures. It is a world made possible by a director and a dream. Unbeknownst to many, the making of a motion picture is a tedious event, involving scripts, takes, re-takes, and an abundance of post-production editing. Many people sit and enjoy a movie without realizing the complexities and the amount of individuals involved in creating the film. These individuals create the landscapes and backboards for us, the ultimate image also known as the mise-en-scene. My favorite film of all time is Forrest Gump. Forrest Gump will go down in history as one of the greatest films ever made. This film was nominated for thirteen Academy Awards, and took home six of them. This is in part because of the phenomenal cast and crew members involved in the production of this film; individuals such as the director, cinematographer, and art director, to the actors, sound people, and most importantly the editor, who pulled everything together and created the final cut. All of these plus additional elements such as sound, style, societal impact, genre, and film criticism make the film such a masterpiece. In this paper I will go into detail about these elements and as to why they add character and zest to the overall success of the film. Forrest Gump is a film that draws out every emotion that is available to the viewer; at times it draws empathy, as well as sympathy and sadness because of the real-life elements that are a part of the plot. The film is also loaded with irony and many opportunities to laugh at the naivety of the main character, Forrest Gump. Forrest Gump is a story about an ââ¬Å"Unusual man doing unusual thingsâ⬠(Groom, 1996, pg. v). As a result of how fantastic the film was, and how great the crew and cast were, Forrest Gump was nominated for thirteen Oscars at the Academy; which is a highly prestigious honor. Almost all elements of this film were up to be recognized. The list of elements that won an Oscar: best actor, best director, best effects (visual effects), best film editing, best picture, and best writing. However, the list goes on even further when me ntioning the additional ones that were nominated but did not win. This would include: best supporting actor, best art direction-set decoration, best cinematography, best effects (sound effects), best make-up, best music, and best sound (Dirks, 2010). Every one of these elements is crucial to the popularity and overall success of this film. What I plan to take notice of first is the director, Robert Zemeckis. Robert has led a successful career of directing many blockbuster hit movies. Movies such as the Back to the Future trilogy, Cast Away, Contact, and Who Framed Roger Rabbit, just to name a few. It is no wonder why Robert is such a successful and well-known name in Hollywood. Robert is a director that continually makes great films that have recurring actors, Tom Hanks being one of these actors. The style of storyline that Robert chose to use in this film is mostly in chronological order; however, the story is narrated by Forrest in the future, so the story also has moments of incongruous editing. The text states that incongruous editing is when a film jumps around in time (Goodykontz & Jacobs, 2011). You see ââ¬â¢futureââ¬â¢ Forrest is telling the story of his life to numerous people who are sitting next to him at the bus stop. The story that he tells is in chronological order, basically catching up to where he is at that moment, at the bus stop. I highly enjoyed this approach that the director used; the story would continually flip back to ââ¬Ëfutureââ¬â¢ Forrest as the movie went on. I believe that the movie would have been dull, had it not been from the perspective of Forrest in the future. Excitement is added by the way that he remembers the events in his life, and how even today he is still excited about them. This movie was adapted from the book of the same name, written by Warren Groom and the screenplay was written by Eric Roth. Although much of the story was changed, between the book and the film, it still remains based on the book. This is a story of a man who is highly naive, some would say slightly mentally challenged, who travels the world and is involved with many political events that occurred from the 1960ââ¬â¢s to 1990ââ¬â¢s. He faces hardships and overcomes adversity. In the final scenes devastating news is given to Forrest; the conclusion in this movie really pulls the whole movie together and makes it very satisfying. The exposition of this movie is right out the box with this film. It starts with a feather floating high in the shy aimlessly, drifting down towards the ground. At first the audience thinks nothing of it, however, as we later on see, this feather floating and landing on the ground in front of a dingy, worn pair of running shoes, is a symbol of the story. It is a symbol of the life of Forrest Gump, a man who drifts everywhere and becomes a part of many cultural events. We then come to realize that Forrest is a little slow and does not perceive the world as the majority of people do; with this we find a lot of verbal irony on Forrestââ¬â¢s behalf. The set-up is that Forrest is pushed away by his peers except a little girl named Jenny. Forrest is the protagonist in this film and his friend Jenny is the antagonist. Goodykoontz and Jacobs describe a protagonist as the main character in a movie; they also describe the antagonist as the character in conflict with the main character (Goodykontz & Jacobs, 2011). Forrest is highly conservative, and Jenny is an outright liberal. As the story goes on, Jenny becomes more and more rebellious towards societyââ¬â¢s standards. The confrontation is that Forrest is forever seeking to save Jenny, and to get her to conform to the way of life that he lives. However, Jenny is highly rebellious and wants to live the unhealthy lifestyle that she lives. Jenny was abused as a child and she lives very domineering to the men in her life, and since Forrest is good, she pushes him away, because all she knows is destruction. The conclusion brings everything to a head. This is where Forrest goes to Jennyââ¬â¢s house where she lays on him that she has a son and it is his. This is where it gets all fuzzy, emotionally, because we find out that finally Jenny is settling down and accepting Forrest and his conservative ways. However, in the final moments of the film the story turns sad and Jenny dies of an unknown illness; which leaves Forrest to care for his son that he previously knew nothing about. The main character in this movie, Forrest, is played by Tom Hanks, who is a career veteran of great movies; he is a wild card actor because he is able to play various types of roles (Goodykontz & Jacobs, 2011). There are a couple of secondary actors, Jenny, played by Robin White; Lieutenant Dan Taylor, played by Gary Sinise; and Benjamin Buford ââ¬Å"Bubbaâ⬠Blue, played by Mykelti Williamson; all of these actors would be classified as character actors, because they have been in other various films, but were always secondary characters (Goodykoontz & Jacobs, 2011). Sally Field is also in this film as Forrestââ¬â¢s mother, but the audience does not see too much of her. Tom Hanks won an Oscar for his grand performance in Forrest Gump. He also won many other prestigious awards such as a Screen Actors Guild award, a Golden Globe, a Kansas City Film Critics award, and an American Comedy award. Robin White and Gary Sinise were nominated for a Golden Globe and a Screen Actors Guild award, but neither won. The cinematographer in this film is a man by the name of Don Burgess. Don was also the cinematographer in other Robert Zemeckis films, such as Contact, Cast Away, and The Polar Express (the latter two films had Tom Hanks in them). The cinematographer in a film is the one who directs the camera and chooses what kind of shot will take place, whether it be a long shot, a close-up, or somewhere in between. They also control the lighting and determine what will be best for each particular scene. The cinematographer designs the mise-en-scene. In the beginning we see a medium shot of a feather floating in the wind; the feather then lands on the ground which the cinematographer uses an extreme close-up of the feather and Forrestââ¬â¢s sneakers. Following this the camera zooms out and moves up to display Forrest sitting on a bus stop bench, next to a woman, as he is commenting about her shoes. This series of events and different shots really adds to the zest of the film. Right off we can hear Forrestââ¬â¢s manner of speaking, in addition to the way that he perceives the world. Another scene that I would like to point out is when Forrest is in Vietnam, and he finds Bubba shot. In this scene the cinematographer uses a lot of close-up shots of Forrest and Bubba. I believe this is to hype up the dramatics of the situation. However, a few moments later Forrest picks up Bubba and runs with him out of the jungle. In this scene the cinematographer uses an extreme long shot; the scene lasts a full 25 seconds, which is a long time for a shot in a movie (Goodykontz & Jacobs, 2011). In this scene, Forrest and Bubba start from far away as they exit the jungle, it continues to progress until finally they run past the camera. This is a very important scene in the film where Bubba eventually dies. The cinematographer did an excellent job of capturing the planes overhead bombing, while Forrest is trying to save his friend. This scene is very meaningful. The editor of this film is Arthur Schmidt. An editor is the person who pieces all the appropriate shots into the final cut, basically rearranging the story into a plot (Goodykontz & Jacob, 2011). Arthur Schmidt won an Academy Award for his stupendous work in this film. There was a ton of post-production done on this film. There was a scene where Forrest meets, President John F. Kennedy, the visual effects team along with the editor made this scene possible; since John F. Kennedy is currently diceased. Another scene takes place where Forrest is running rom some boys because they are chasing him down. In this scene Forrest is wearing leg braces, but there is a moment when Forrest begins breaking out of the braces, while he is running. The editor slows this scene down and closes in on Forrestââ¬â¢s legs, in order to emphasize him breaking out of the bondage that the braces caused. This is a pivotal scene, it is the prelude to the rest of the movie where Forrest is constantly on the move; his legs are a way for him to escape. In addition, this scene is full of direct cuts and jump cuts. A jump cut is when there is an obvious jump in the action during a transition, and a direct cut is when one shot instantly takes over for another shot (Goodykontz & Jacobs, 2011). The various elements that the editor used were simply fantastic; it is no wonder why he won an Oscar for this film. There are many moments in this film where all types of sound are utilized, specifically sound effects and music. Each of these effects boosts the emotional value of scenes. There is a scene where Forrest is getting on the school bus for the first time. He is having trouble finding a seat because all of the students are denying him there seat. All of a sudden he hears the voice of a little girl saying, ââ¬Å"you can sit hearâ⬠. During this scene, sentimental music plays in the background, simply adding emotional value to what Tom Hanks is saying. Forrest says to the woman on the bench next to him, as he is narrating the scene, that he finds it, ââ¬Å"amazing what a young man recollects,â⬠how he doesnââ¬â¢t, remember many of his ââ¬Ëfirstsââ¬â¢, but he cannot forget the first time he heard Jennyââ¬â¢s voice, he says that, ââ¬Å"she was like an angelâ⬠(Finerman, Tisch, & Newirth, 1994). In addition to the music, every sound other than dialogue was a sound effect that was added post-production. This film was also recognized for its phenomenal soundtrack. In some movies songs are intentionally written for that particular movie, but in Forrest Gump these are previously existing songs that the director thought would fit the tone or mood of the particular scene(s) (Goodykontz & Jacobs, 2011). It is the soundtrack of the 60ââ¬â¢s, filled with political songs such as ââ¬Å"For What itââ¬â¢s Worth,â⬠by Buffalo Springfield, and ââ¬Å"Fortunate Son,â⬠by Creedance Clearwater Revival. It also contained songs suitable for the action that was taking place, like ââ¬Å"Sloop John B,â⬠by The Beach Boys, while Forrest is in Vietnam. The song mentions the lyrics, ââ¬Å"This is the worst trip Iââ¬â¢ve ever been on,â⬠and, ââ¬Å"I feel so broke up, I wanna go home, let me go home,â⬠these lyrics seem highly fitting for the scenario that the troops were in. The soundtrack won both an Academy Award and a Golden Globe. In our text it quotes that, ââ¬Å"even though we go to films to be entertainedâ⬠¦movies are something more than thatâ⬠¦they are also historical documents that help us seeââ¬âand perhaps more fully understandââ¬âthe world in which they are madeâ⬠(Goodykontz & Jacobs, 2011). Forrest Gump touched on a lot cultural events and stigmas. First off is that Forrest is disabled and still was able to do more than most people who are not disabled do in their life. In addition, Forrest saw all people as equal, no matter what skin color they had. He also gave money to Bubbaââ¬â¢s family, even though Bubba had died before Forrest created the Bubba Gump Shrimp Co. Forrest gave Bubbaââ¬â¢s half of the profits to Bubbaââ¬â¢s remaining family. Bubba gave Forrest the idea and Forrest was paying due to his lost friend, through his family. This is something that he definitely did not have to do. He stands for anyone who has ever felt inadequate. Forrest Gump will go down in the history books as one of the greatest films ever made. This is because a huge number of cast and crew made this possible, from the director, cinematographer, and art director, to the actors, sound people, and most importantly the editor, who pulled everything together and created the final cut. Additional elements should be recognized as well for the overall success of the film, such as sound, style, societal impact, genre, and film criticism. A lot of hard work, time and effort go into making a movie, and unfortunately not a lot of the public are aware of this. However, once they learn a few things and realize the distinct meaning behind a slow-motion shot or the color of a characters costume, they take a more appreciative look as to what they are viewing. The mise-en-scene makes all the difference; it is what makes or breaks any movie.
Wednesday, October 9, 2019
Alice Walker's Everyday Use Essay Example | Topics and Well Written Essays - 250 words
Alice Walker's Everyday Use - Essay Example Maggie is comfortable with who she is as a person and is proud of her familyââ¬â¢s heritage. While she may be self-conscious of the burns and scars left by the fire, and she may be edgy about Deeââ¬â¢s opinion of her appearance, she still accepts herself as she is, knowing that it cannot be changed. She still manages to wear her family name with pride despite the bad hand she has been dealt. Dee, on the other hand, believes that she is above her own heritage, doing what she must to keep herself separated from the life that her younger sister leads. This can be seen when Dee changes her name to Wangero, because she ââ¬Å"couldnââ¬â¢t bear it any longer, being named after that people who oppressâ⬠her. Dee changes what she can about herself because she is not pleased with the person she was raised to be. Similarly, Maggie wants to keep one of the family quilts because it has meaning to her. Dee, however, does not think that Maggie has the kind of love to her heritage tha t she has and demands the quilt for herself. Deeââ¬â¢s very personality makes it known that she has little love for her heritage and has an ulterior motive for wanting the quilt -- if she has it, Maggie cannot. Instead of arguing, Maggie agrees to give up the quilt that was rightfully hers, stating that she could take another quilt.
Tuesday, October 8, 2019
Introduction of the role of CSR in oil industry , focusing on British Term Paper
Introduction of the role of CSR in oil industry , focusing on British petroleum - Term Paper Example Oil firms generate a lot of controversy through environmental damage, and therefore, CSR is one of the key approaches to managing negative perceptions of oil firms and the oil industry. British petroleum firms have accepted that the public views them with suspicion and scepticism, so the best way to change this is to use CSR. British petroleum firms like Royal Dutch Shell and British Petroleum PLC have managed to significantly enhance their brand image by sponsoring community programs and actively participating in community benefit activities. According to Frynas (2009:34), the two companies spend a significant share of their profits on improving lives in communities across the world. They have especially been active in academics, providing annual scholarships to bright and needy students who are often hired by the companies later. These are just some of the CSR activities a select few of British petroleum firms engage in. So far, results show that efforts are effective, helping to cultivate trust and good perception of the
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