White Collar Crime Report Red Collar Crimes - 1585 Words

Sabine Louis-Jacques - 1554763 White Collar Crimes – 0613-380-001 Summer 2013 (Incomplete Course) Essay #2: White Collar Crime Report Periodically, business magazines like Fortune, Forbes, the economist, International—among others, publishes the results of surveys, ranking big corporations by sales, assets, profits and market share. The purpose of these surveys is to identify and celebrate the most profitable corporations. Our era is best known for its booming markets and profits, but it is also a decade of widespread corporate criminality. The number of activities that involved acts committed through deceits and motivated by financial gain has increased considerably. Terms such as â€Å"Corporate Crime† or â€Å"White Collar Crime† are used to describe a variety of these activities. In 2008, the U.S. economy faced its most dangerous crisis since the great depression in the 1930’s. The contagion, which began in 2007 when inflated home prices deceivably turned downward, spread quickly. The losses included: The investment banking industry, insurance companies, the two major enterprises chartered by the government to facilitate mortgage lending, mortgage lenders and commercial banks. Since most industries rely on credit, the most spectacular troubles broke out in the auto industry as banks stopped making the loans that they need to regulate their cash flow. The Dow Jones Industry Average in the U.S. lost 33.8% of its value and the U.S. financial crisis started to spill into theShow MoreRelatedTypes Of Financial Crimes That Can Be Committed By Many Individuals Around The World1373 Words   |  6 PagesThere are many types of financial crimes that can be committed by many individuals around the world. Some of these crimes include electronic crime, fraud, mone y laundering, terrorist financing, information security, bribery and corruption, finally insider trading. Of all these financial crimes that can be committed, I think that fraud is the most serious of them all. Fraud can ruin anyone s life financially, no matter what they have in their bank account. Bernard Lawrence Bernie Madoff , a formerRead MoreWhat Are Five Elements Necessary For Commit Fraud?1739 Words   |  7 Pages(WorldCom-10K 1999) (WorldCom-10K 2000) (WorldCom-10K 2002) (Why it is important to learn about Fraud 2015). Fraud knowledge benefits stakeholders in multiple ways. By understanding how financial statement fraud occurs, stakeholders can recognize red flags in financial statements. Outside accounting, fraud knowledge enables stakeholders to be productive members of a corporate governance. Corporate governances work as principal catalysts for stakeholders to raise corporate awareness and expectationsRead MoreInternet Crime and Moral Responsibility3336 Words   |  14 PagesInternet Crime and Moral Responsibility Internet Crime and Moral Responsibility 3 Introduction 3 What is Internet Crime? 3 Types of Crimes 3 Phishing 3 Child Pornography 4 Cyber Stalking 5 Computer Intrusion 5 Denial of Service Attacks and Cyber War 5 Identity Theft 6 Whose responsibility is it to report these crimes? 7 Reporting agencies 8 Conclusion 8 References 9 Internet Crime and Moral Responsibility Introduction The Internet is the technological genius of the computerRead MoreWho Is El Muerto?851 Words   |  4 PagesAmerican Crime’s third season premiere begins simply. A black screen and white text display the words of a distressed observer relaying the unseen to the 911 operator over the choppy phone line, â€Å"...hay un cuerpo flotando en el rà ­o†¦ Es un muerto.† The sounds of rippling water accompanies a fade in from black to the sight of the grey, lifeless hand of â€Å"[el] cuerpo† contrasting with the swift movements of the water submerging him. A cut to a zoomed out view reveals a young man’s body: he floats aloneRead MoreThe Problem of Computer Crime Essay2368 Words   |  10 Pagesvalues and reliance on this new technology. There are new increased opportunities for the deviant individual than was ever thought of. Computer crime started almost 40 years ago with what was called a hacker. Since that time computer crime has been expanded to include espionage both industrial and governmental, security risks, white-collar crime to include disgruntled employees who fix a program, or delete certain files from certain programs, and from embezzlement. Due to the advance technologyRead More Identity Theft Essay examples2126 Words   |  9 PagesIdentity Theft   Ã‚  Ã‚  Ã‚  Ã‚  In todays society, there is a white-collar crime that has greatly risen in popularity among criminals. This crime is identity theft. Hundreds of thousands of people have their identities stolen each year. Identity theft is when these criminals obtain and use consumers personal information such as credit card numbers, bank account numbers, insurance information, and social security numbers to purchase goods or services fraudulently. According to the Federal Trade CommissionRead MoreEssay about Identity Theft: A White Collar Crime2189 Words   |  9 PagesIdentity Theft In todays society, there is a white-collar crime that has greatly risen in popularity among criminals. This crime is identity theft. Hundreds of thousands of people have their identities stolen each year. Identity theft is when these criminals obtain and use consumers personal information such as credit card numbers, bank account numbers, insurance information, and social security numbers to purchase goods or services fraudulently. According to the Federal Trade CommissionRead MoreStarbucks Red Flags of Fraud2320 Words   |  10 PagesStarbucks Coffee Company Stephanie Deacon Colorado Technical University Online: ACCT 320-1203A-01 Professor White 6 August 2012 Abstract This paper will provide an overview of Starbucks Coffee Company and identify seven red flags of possible fraudulent behavior within the organization. Steps to design a fraud prevention program will also be discussed based on the identified red flags. Starbucks Coffee Company opened its first store in Seattle, Washington in 1971 offering fresh-roastedRead MoreBernie Madoff Case Study4737 Words   |  19 Pagesappeared to create an image of power, trust, and responsibility. In July of 1920, the Boston Post ran an article exposing the scheme and soon after, regulators raided his offices and charging him with mail fraud knowing that his fabricated investment reports were mailed to his clients. The foundational operating principle of a Ponzi scheme is that you must constantly attract new investors to pay the old investors the ‘gains’ they were promised. Most Ponzi schemes self-destruct fairly quickly as theRead MorePreventing Fraud at Mogels Inc.1040 Words   |  4 Pagestrustworthy individuals are rewarded (McNeal, 2011) 2) Mogel’s Inc. can also benefit from an organizational structure that clearly denotes company hierarchy. Employees should pass reports to their supervisors or give formal updates of the company’s processes. For instance, it would be ideal for an internal auditor to regularly report to an audit committee. Relevant information would freely flow from employees to the company’s management and this raised level of awareness is a deterrent for fraudulent activities

My General Thoughts On The Film - 926 Words

Your general thoughts on the film. This documentary takes a profound look at the nuisance and complexities of rising tuitions and ballooning student debt. I found this film to be both enlightening and disheartening at the same time. As Andrew Rossi pulls back the veil and exposes the deterioration, destruction, and dismantlement of higher education, the outlook and sustainability seems dismal. I too share some of the growing concerns and criticisms expressed by the students in the documentary. By and large the American consumer trusts colleges. Higher education is a public service organization that historically and unfortunately is not accustomed to answering to the public. The American consumer and tax payer trusts colleges. However The film sheds light on some not so commonly known facts to the lay person or outsider. Some major take-a-ways for me were: 1. The scale and enormous cost of college tuition nationwide. 2. The increase in tuition, a rise to 1120% since 1978. 3. The decrease in state funding by 40%. 4. The propagation, competition and ranking of colleges based on seemingly insignificant selling points, i.e. Athletics, new facilities and promising social life; party scene. 5. On average students are graduating with $25,000 in student debt. Cooper Union and the battle for free tuition – is this a reasonable expectation? The students and concerned stakeholders of Cooper Union have every right to battle for free tuition. The expectations and protests of theShow MoreRelatedGraduation Speech : Senior Honors Program1321 Words   |  6 Pages 1. I would like to enroll in the Senior Honors Program, because I think it will be an excellent way to complete my experience as a sociology undergraduate student at UC Berkeley. Since transferring to UC Berkeley in the Fall of 2015, many of the courses I have taken have focused on research and its importance to the field of sociology. The continued exposure to the diverse topics of sociological research, as well as the varied methods researchers use to collect their data, has shown me that manyRead MoreMy Group Created A Retelling Of Othello1017 Words   |  5 PagesMy group created a retelling of Othello in a modern-day college setting. Before we started to film, I met with the group after school for all of the brainstorming meetings except for one, since I had to take a mock AP test. During the meetings, we went over possible settings and ideas for the film. We played around with a few ideas, and even started to film one. The day that the group met to film the prototype idea, I w as not present. The idea didn’t work, so we ended up scrapping it and choosingRead MoreSpirited Away : Film Directed By Hayao Miyazaki Essay1017 Words   |  5 Pages Spirited Away is film written and directed by Hayao Miyazaki. The messages contained within Spirited Away are almost entirely steeped in symbolism. On the surface, the film can be seen as young girl that struggles through a terrifying situation while trying to maintain and develop her personal identity. This is indeed the story I believe Hayao Miyazaki intended to tell. However, there is symbolic representation behind almost every single character and object of the film. There are smaller metaphorsRead MoreAnalysis Of The Wannsee Conference Minutes As Edited By Adolf Eichmann1247 Words   |  5 Pagesby Adolf Eichmann. The film Conspiracy focuses on this infamous Wannsee Conference of January 20, 1942, where Nazi officials discussed the execution and implementation of Hitler’s â€Å"Final Solution.â⠂¬  Although the meeting only lasted ninety minutes, the filmmakers use that full amount of time to translate as accurately as possible what is believed to have been discussed. Because the only source information was heavily edited, the closing credits tell the audience that this film is based on a true storyRead More(An Analysis of my Three Favorite Scenes from The Color Purple)600 Words   |  3 Pages Purple Places (An Analysis of my Three Favorite Scenes from The Color Purple) Alice Walker once said :â€Å"Im poor, Im black, I may be ugly and cant cook, a voice say to everything listening. But Im here.† The film adaptation of Color Purple has a renown name for being one of the most thought provoking films of the twentieth century. Steven Spielberg, produce of The Color Purple, creates passionate and emotional scenes throughout his feature film. A favorite scene of mine from The ColorRead MoreJames M. Cain s Mildred Pierce And The Movie Version ``896 Words   |  4 PagesThere is a common belief, in modern and traditional film industry, that almost every adaptation (loose, faithful and strict) from novel to film is considered a backslide or a disloyalty to the original author and readers. However, in 1945 Warner Bros. produced the movie Mildred Pierce based on the same name novel written by James M. Cain. This film not only became an exception in this general view, but also amazed the audience and even Cain himself by extraordinary performances and unique edit techniqueRead MoreComparing the Film and the Novel of Hemingways Old Man and the Sea1297 Words   |  6 PagesComparing the Film and the Novel of Hemingways Old Man and the Sea After having read the Hemingways Old Man and the Sea as a book in class, we also watched the film which was made afterwards because of the storys enormous popularity. As always, there are some ways in which the book differsRead MorePursuit Of Happiness Movie Analysis1570 Words   |  7 PagesI thought that the film The Pursuit of Happyness, was a very well put together film that had a great story line to it. This film has a way of inspiring people, and shows that anything is possible if you put in the work to accomplish it. The way Chris Garner pushed through every obstacle, and never quit pursuing his dream of being a great father for his son. Garner should be that model citizen of what every person in the world should want to become. He is a hardworking man that did whatever was necessaryRead MoreMy First Experience With A Colored Television856 Words   |  4 Pagesa very young girl in the early seventies, my first experience with a colored television came when my dad brought one home so that my brother, sister and I could watch Chitty-Chitty, Bang-Bang (1968) directed by Ken Hughes and starring Dick Van Dyke, Sally Ann Howes and Lionel Jeffries when it aired on TV for the first time. We often visited the General Cinema at the local mall to see movies on the big screen, but that first time watching a favorite film in the comfort of our den, on a colored televisionRead MoreMy Love for Painting788 Words   |  3 PagesStudent first and last names Course title and number Professors name Due date My Love for Painting I suppose that my love painting originates with and is strongly connected to the love of my father, who was also a painter. Painting is a feast for the senses. Surely, the most obvious is that the infinite shades of colors of paints are stimulating. There is much to painting than the colors. There are numerous types and shapes of brushes that have and generate a spectrum of textures in painting

Life Cycle of a Medical Device

Question: Describe about the Life Cycle of a Medical Device? Answer: Introduction This assignment consists of an analysis of life cycle of medical devices present in medical market. Life cycle of medical devices means the set of stages of a medical device in its activity cycle. There is a brief discussion on life cycle of medical device and comparison of development of drugs with medical device development (P Constantinides, 2014). Every medical device is different in complexity and application. In this assignment there is an explanation of difference between development cycle of medical device and medical drugs. Life cycle of Medical Device 1. Concept research Concept research is the first phase of life cycle of any medical device. In this step the company will first analyze the medical market. As per the analysis report medical devices are development (Lewis, 2013). The modification or innovation if required in any old medical device company can only do after analyzing the 2. Prototype Design Development Before development of main model prototype or rough model of the device is developed to check whether the device is working properly or not (Fries, 2001). Prototype model of medical device is developed to check working.3. Preclinical development-Pre-clinical development is the stage in which prototype model of device before tested on human being is tested on any other living being so that the defects can be identified and corrected in main model of medical device (El-Haik and Mekki, 2008). 4. Clinical Trials Testing-Clinical trial testing is the fourth stage in life cycle of medical device it is done after the pre clin ical development and pre clinical testing of the device. The main model of the medical device is tested in this step (Fleming and Ma, 2002). The main model which will be launched by company is only tested in this step. 5. FDA Approval Market Launch Food and Drug Administration department after analyzing the above process of medical device give approval to company for launching their device in market (Platero, 2009). FDA main focus is on protecting and promoting the public health with the help rules and regulations. Without approval of FDA no company can launch medical device in the market. Difference between Device development and drug development Device Development Life Cycle Concept Research- This is the initial step in the development life cycle of medical device. In this step company do basic research in medical market to identify the requirement of the market. The device developed by the company should be made as per the requirement of market or hospitals or the clinics. Prototype Design Development- In this step medical device development company initially develop a rough model as per the analysis report. The rough model is developed to check whether the device is suitable in present environment or not. Pre clinical Development- Pre clinical development is the process in which device is developed to test its working and sustainability. Pre clinical development is done to check whether the device is good for long term or not. After development the device has to undergo the test which is done to check whether the device is performing as per the needs or not. Clinical Trials Testing- Clinical trial testing is the process in which main model of the device is tested. The device is tested in this step on the object for which it is developed. This is the trial test so after this if any defects are found in device it has to be corrected. FDA Approval Market Launch- FDA stands for Food and Drug Administration. FDA main responsibility is to maintain the public health in relation to drugs and foods products developed for them. Drug Development Life Cycle The steps involved in Drug development life cycle are as follow: Discovery and research In this step research is done of the drug market so that the requirement can be identified (Rosier, Martens and Thomas, n.d.). Pre clinical Before development of main drugs sample is tested to check the affect and side affect of it (Weinger, Gardner-Bonneau and Wiklund, 2011). Development Testing or Validation- After pre clinical test of the drug development is done and after development is testing is done. Trial Test- Trail test is done to identify the defects after main development of drugs (Willson, Ison and Tabakov, 2013). FDA Approval To market- FDA approval is important for any drug development company for launching any drugs in market. Conclusion The development life cycle of medical device and drugs are different which is discussed above. The main body responsible for launching any device and drug in market is FDA. FDA before launching conduct different test of the device and drugs. References El-Haik, B. and Mekki, K. (2008). Medical Device Design for Six Sigma. Hoboken: John Wiley Sons. Fleming, E. and Ma, P. (2002). Drug life-cycle technologies. Nat Rev Drug Discov, 1(10), pp.751-752. Fries, R. (2001). Handbook of medical device design. New York: M. Dekker. Lewis, J. (2013). Drug-Induced Liver Injury Throughout the Drug Development Life Cycle: Where We Have Been, Where We are Now, and Where We are Headed. Perspectives of a Clinical Hepatologist. Pharm Med, 27(3), pp.165-191. P Constantinides, P. (2014). Enabling the development and life cycle management of oral poorly soluble drugs using lipid-based drug delivery systems. Pharmaceutica Analytica Acta, s1(01). Platero, J. (2009). Molecular pathology in drug discovery and development. Hoboken, N.J.: John Wiley Sons. Rosier, J., Martens, M. and Thomas, J. (n.d.). Global new drug development. Weinger, M., Gardner-Bonneau, D. and Wiklund, M. (2011). Handbook of human factors in medical device design. Boca Raton, FL: CRC Press. Willson, K., Ison, K. and Tabakov, S. (2013). Medical Equipment Management. Hoboken: Taylor and Francis.

M3.46 Managing Performance Ilm Level 3 Essay Example

M3.46 Managing Performance Ilm Level 3 Essay Managing Performance When looking at performance management it can be defined as (1) ‘a process which contributes to effective management of individuals and teams in order to achieve high levels of organisational performance. As such it establishes shared understanding about what is to be achieved and an approach to leading and developing people which will ensure it is achieved. ’ We can see from this definition that managing performance is crucial to the overall performance of the organisation and meeting its goals and objectives. This process must then be strategic but also link other aspects of the organisation such as individuals and teams. As defined above, performance management is ultimately about achieving high levels of organisational performance. As managers we must use performance management as a continuous process that aims to improve develop the individuals in our team. MITIE uses the below diagram to illustrate that the process is continuous. (2) Within my role as Admin Manager I have 3 people directly reporting in to me. As a team we are largely responsible for the smooth running of the operations side of the business including planned and reactive tasks. The team operates across the contract as a whole so has responsibilities in numerous varied processes and tasks. Below I have highlighted some of the key responsibilities within this role in terms of performance management. * Recruitment – I am responsible for recruiting people who are qualified, have relevant experience and can fit in to the team. * Inductions – Site Company inductions are completed and help to start setting performance standard. Setting Performance standards – Features of the job that are usually continuous and based around how the team works or their behaviour. * Setting Objectives – Team and individual objectives are set to achieve specific performance targets. Also objectives are set for individuals relating to personal development. * Probation Review – Completed 3 months in to a new team mem ber’s employment. This is the first official opportunity to review an individual’s performance. Initial objectives and performance standards are also set at this time. Improvement and Development – I have to look for areas where the team can improve performance. Similarly I have to ensure the team has the skills and ability to complete their objectives. This involves development and training for the team and individuals. This is a 2-way process though and as a manager I must create a culture where the team and individuals can be at the forefront of their own development. * Appraisals – These are completed annually and are used to review performance of the individual. We will write a custom essay sample on M3.46 Managing Performance Ilm Level 3 specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on M3.46 Managing Performance Ilm Level 3 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on M3.46 Managing Performance Ilm Level 3 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer During this process the objectives set previously are reviewed along with performance standards. Feedback is given both positive and negative if required. Future development plan is discussed and agreed with the individual. This is also an opportunity for the individual to discuss any problems or obstacles that they have encountered in trying to carry out their role. Furthermore this is also an opportunity to take action to improve poor performance. * Absence/leave – This involves managing planned leave as well as unplanned so team performance is maintained at the required level. As highlighted above one of the key responsibilities I have as a manager is to set team objectives. These objectives must be set and then agreed with the team. Some examples of objectives I have set for the team are below: * Achieve a minimum of 96% overall KPI score for reactive task performance every month * Manage the planned maintenance tasks so 100% of statutory PPM’s are completed within legislative defined timeframe. * Manage all Priority 1 reactive requests for data centres MTXs to ensure zero SLA failures are incurred each KPI month. Within the team I also have performance standards that I set, which are linked to the MITIE’s values. Some examples are below. (3) * Take pride in delivering and improving services to the client * Understand the clients requirements and try to exceed expectations * Use initiatives to resolve issues calmly and effectively * Promotes MITE by doing the best job possible and demonstrating passion for the quality of work done * Deliver the best service by showing flexibility in approach and being open to fresh thinking * Understand and implement strategies nd processes to generate profits in line with business targets and expectations * Understand what is expected of them in support of the client and how to deliver it * Work efficiently without wasting resources or time, understanding that this effects profit * Informs manager of factors that may impact on the business * Co-operate with colleagues and clients, work together and support each other to achieve team and client goals * Recognise the impacts of personal actions on reputation of the team, yourselves and MITIE * Prioritises workload to ensure personal and team goals are achieved * Make a positive contribution to the team and the organisation as a whole * Demonstrate support for others Looking at the above we can see how many of the objectives and performance standards are linked. To achieve the objectives the team must work to the performance standards. Below I have highlighted an example of how the two are linked. Objective| Performance standards required to complete| Achieve a minimum of 96% overall KPI score for reactive task performance every month| To complete this objective the team must – * Understand the client’s requirements and try to exceed expectations. * Work efficiently without wasting resources or time, understanding that this effects profit * Prioritises workload to ensure personal and team goals are achieved| The performance standards can be applied to all of the objectives in some way and do not change significantly throughout a review year. These standards are continuous and they outline the way in which the team works. Team Objectives differ as they have defined performance areas. Furthermore they can change frequently throughout a review year. When managing performance arguably the most critical element of the process is measuring the performance. This can be completed in a variety of ways and is done so against the team objectives and performance standards set. Measuring performance against objectives differs from that of performance standards. Below I have highlighted how I would measure performance against the objectives and performance standards. In the above flowchart we can see how measuring performance against objectives involves many of the same methods. As managers we can use a combination of measures to get an overall picture of how the team is performing. Measuring objectives is usually a precise measurement with defined criteria for success and failure. For example the KPI score indicates the success and or failure of the above objectives. In the above flowchart I have highlighted the methods I use for measuring performance against the performance standards. To illustrate how a combination of measures is often required I have grouped them together. Looking at the above flowcharts we can see how objectives and performance standards need to work in unison to be successful. All of the performance standards are there to help achieve the objectives and clearly indicate to the team what the expectations are. As the admin manager I need to use a combination of performance measures so I can effectively manage the team’s performance. If I know where we are in terms of performance I can then look at development and improvement opportunities. When measuring performance there are inevitably instances where the team or individuals are underperforming. An example of underperformance that has occurred from an individual is as follows: Within the admin team I manage there are 3 individuals with similar workloads and responsibilities. Around 6 months ago one member of the team continually made errors and in some cases forgot to complete the weekly bookings for the engineers. The bookings are so the engineers in the field can access secure sites and complete routine and reactive maintenance. It is a crucial part of the role and if not completed it impacts negatively on the overall contract performance. After a few weeks of mistakes being made and bookings not being done I decided that a performance improvement plan needed to be implemented. Prior to completing this I had looked at the workload of the individual compared to the other team members and concluded that there was no difference. Next i looked at other factors that could be reasons for the individual performance. In this process I looked at internal factors such as competences, methods of work, personal problems, medical and motivation. Examples of the external factors I considered were distractions, family ; relationships, finance and other team members. Most of these factors were discussed with the individual in an informal meeting to gain an understanding of how the individual thinks they are performing. The individual highlighted that during the time where they complete the weekly bookings they were distracted by phone calls, emails and other team members so couldn’t concentrate on the completing the task. Taking this feedback from the individual I was happy that the reason for underperformance was due to distractions and time management issues. From here I asked the individual to go away and look at the tasks they need to complete in the week and suggest areas for improving their time management. The next step was to have a meeting with the individual to identify areas to improve the way they work to allow the task to be completed. It was agreed that 2 hours was required a week to complete the bookings. Using the individual’s feedback regarding time and the distractions I put together a method that would aim to remove the distractions. I suggested the following methods: * Put a 2 hour window in calendar to complete bookings each week between 10-12 * Put out of office on diverting to other team members for the 2 hours and close down outlook * Divert phone to other team members for 2 hours Move to location away from other team members to complete bookings In the process i looked to remove the distractions and give the task some structure by putting a timeframe to it. This was agreed by the individual and then cascaded to the other team members. When using this performance improvement technique I also had to consider what happens after it is implemented. To do this I used an improvement cycle which continues until the individual is performing at the required level. Below is an example of cycle: (4) For the above example we can see that after the plan stage I must measure the performance. This will involve using the techniques as highlighted earlier, in particular feedback from engineers. I must then compare these results with other members of the team. This will help to see if the improvement process can be improved or needs amending. If any changes need to be made then they are implemented and the cycle starts again. Improving performance is not a start to finish process and needs to be implemented as a continuous cycle. Bibliography 1. ARMSTRONG, M. and BARON, A. (2004) Managing performance: performance management in action. London: Chartered Institute of Personnel and Development 2. MITIE Intranet – BMS Form MG(G)541 Managers guide to performance management – objective based appraisals – Page 2 3. MITIE – Performance Standards Document 4. measure2improve. econtrack. co. uk/Content. aspx? 236 – accessed 29/11/2011