Impact of the Internet on small businesses Research Paper

Impact of the Internet on small businesses - Research Paper Example Through the internet, a business of any size can compete in the global marketplace. In fact, on the internet, the size of an organizations operation makes little difference because the internet is an open environment. Similar companies compete against one another while being only a click of the mouse away. In other words, a buyer can locate numerous sellers offering similar merchandise, similar prices and similar offers in a very short time period. As more people and businesses become comfortable with the internet, the marketing landscape will continue to evolve quickly in the coming years (The Influence of Internet on Modern Business, 2009). The arrival of internet related technologies helped small scale industries immensely. Many of the traditional business concepts were given way for internet related business strategies because of the arrival of computers and internet. For example, internet helped the business world to convert many of the offline market spaces into online market spaces. Moreover, outsourcing, offshoring like modern business principles were evolved out because of the developments in internet related technologies. Advertising is another in which internet helps small scale industries immensely. Social networks are used extensively by the businesses for marketing and advertising purposes. At the same time, internet has the potential to affect small businesses negatively also. For example, internet helped globalization in many ways. It should be noted that globalization helped corporate companies to expand their business all over the world. The intrusion of corporate companies in small scale industry segments is causing big threats to the small business groups. In short, internet provides both opportunities and threats to small businesses. This paper analyses the impacts of internet on small businesses. The Internet potentially can be used by small businesses to support external (inter-organizational and

Online Banking Essay Example | Topics and Well Written Essays - 750 words

Online Banking - Essay Example Banks have had to adopt current technology in order to remain competitive, retain their customers and lower operation costs. Online banking was started in the 1980s by a few banks in the United States. Four major banks in New York adopted online banking to allow customers maintain electronic checkbook registers, check account balances, make fund transfers and other banking related activities. Online banking, also known as Internet banking, is part of virtual banking that began with telephone banking and automatic teller machines (ATMs). Virtual banking is a banking system that is non-branch based. Services are provided through various electronic media such as telephones, personal computers, ATMs and the Internet. Virtual banking has existed for quite some time and its transactions costs are quite low as compared to branch transaction costs. Banks are investing in various forms of banking systems to expand their geographical and market coverage with regards to banking systems. However, they are using different forms of banking, for example, some invest in bricks and mortar while others adopt the current ba nking system that uses the Internet (Cronin 42). The Internet is becoming the main channel of communication since its inception in 1969. Internet has recently gained popularity in the U.S. as the main medium for e-commerce. Its potential growth has come with opportunities and threats to businesses. The Internet is on the verge of becoming the main delivery and distribution channel. The growth and rapid diffusion of the Internet has made banking online an alternative banking system at the expense of traditional branch-based banking. Banks in the United States have started providing services via the Internet including Internet banking. Currently, the Internet has revolutionized the banking system and it is considered as an alternative strategic weapon that changes the operation system of banks. Banks are able to deliver services to customers in

HW #18 Essay Example | Topics and Well Written Essays - 500 words

HW #18 - Essay Example These standards are legally enforceable standards and must be adhered to. Secondary drinking water standards on the other hand are non mandatory water quality standards for up to 15 contaminants and outlines secondary maximum contaminant levels. Unlike Primary Drinking water Standards, these standards are established by EPA to provide guidelines to help in managing the aesthetic quality of public water systems and are not enforceable and include guidelines for aspects of water quality such as taste, odor and color. Unlike Primary Drinking Water standards, Secondary Drinking Water contaminants are considered to present no risk to human health. The effects of these contaminants are grouped in three categories; aesthetic effects, technical effects and cosmetic effects and include: aluminum, color, chloride, fluoride, Iron, Copper, corrosivity, pH, manganese, sulfate, zinc, silver, forming agents and total dissolved solids (Johnson, 1521). Secondary drinking water standards therefore provide guidance to the public water systems on removing these chemicals to levels below which people will not notice. The federal law regulating tap water in United States of America has been in use for the past 35 years without review with respect to emerging contaminants thus poses serious health risks. While more than 60,000 chemicals are used within US, only 91 contaminants are regulated despite the fear that many chemicals are carcinogenic even at low concentrations. This has resulted into the exposure of over 62 million Americans to drinking water that did not meet guidelines. Research has also shown that some contaminants that are regulated pose lesser risk than those that are not regulated by EPA (Duhigg, 1). Officials such as Dr. Pankaj Parekh, the director of water quality division for the city of Los Angeles have also faced criticism from the

Analytical Report of Professional Practice (Behaviour Management) Essay

Analytical Report of Professional Practice (Behaviour Management) - Essay Example This reflective piece describes the challenges as an educational professional in behaviour management, an identified personal weakness, which requires significant development in order to facilitate a cohesive classroom environment and assist children in constructing a sense of communality and to respect the rights of others from a social standpoint. There are a range of strategies designed to modify problematic behaviours with primary school-aged children, including elements from cognitive behavioural therapy, an interactive and authoritarian role of the educational practitioner, creating sanctions, and a variety of reinforcement strategies to curb or otherwise deconstruct problem habits in the classroom. As a professional, the practitioner must understand which strategies are appropriate for children in the pre-operational or concrete operations stage of cognitive development in order to ensure that the aforementioned strategies will be effective in producing a socially-harmonious l earning environment and curbing problematic behavioural issues. ... r has recently taken on the professional role of 1:1, working with a child maintaining very aggressive behaviours and oppositional attitudes that significantly complicate the learning process. Traditional behaviour management strategies are oftentimes ineffective when engaging the child, representing a substantial challenge in facilitating a positive educational practice. This child maintains a socio-historical background that apparently did not provide appropriate social guidance and strategies for curbing impulsive responses, making it the role of the practitioner to attempt to deconstruct these caregiver oversights that likely occurred during earlier childhood development. Reflection will focus on these interventions with the aggressive and non-compliant child, referencing contemporary theoretical positions on behaviour management in the educational environment to assist in professional self-development in behaviour control. Defining behaviour and behaviour management. Behaviour i s defined by Endoo (2012, p.83) as the† specific actions and/or reactions of the individual in relation to environmental stimuli, either conscious or unconscious† that drives mannerisms and conduct. Behaviour management is strategies that are inclusive of all actions to increase the likelihood that people, both as individuals or in the group/team environment, choose to manifest behaviours that are fully productive, socially appropriate and even fulfilling from a personal perspective (Baldwin and Baldwin 1986). Behaviour management works under the premise that the professional attempting to manage problem behaviours can effectively manipulate changes to behaviour and attitudes once the practitioner identifies what the individual deems personally rewarding (Grenning 1993). They key

Security Fraud and Manipulations Using Accounting Policies and Rules Dissertation

Security Fraud and Manipulations Using Accounting Policies and Rules - Dissertation Example More importantly, a wide variety of security fraud and malpractice of accounting policies are employed in the preparation of the financial report accounting of Enron, Madoff scheme, and WorldCom Corporation that lead into their bankruptcy. Nonetheless, the Securities Exchange Commission (SEC) seeks to deter fraud in financial statements of companies through laws, internal control systems and regulations. More significantly, the commission continuously seeks to detect misstatements, failure of disclosure of accurate financial information in records, documentation, accounting policies and procedures in changes of equity and explanatory notes accompanying every financial period statement of companies. In addition, this paper will look at the adherence to the International Financial Reporting Standards (IFRS) as stipulated by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) remains committed towards global standards. Finally, the pap er looks at various fraudulent situations that could be avoided through adherence to stipulated accounting policies and procedures by management, accountants and auditors as they put shareholders interest first. ACKNOWLEDGEMENTS I would like to express sincere gratitude to my dissertation supervisor, xxx, for his invaluable support. As an area of accounting and auditing practise, I hope you find this paper insightful in the minimization of security fraud and manipulation practices. Tables of Contents 1. Introduction 6 2. Literature Review 7 3. Research Methodology 16 4. Discussion of Findings 18 4.1.0 Nature and treatment Of Security Fraud &manipulation through fraudulent use Of accounting policies and rules 18 4.2.0 Security Fraud and Manipulation in Madoff scheme, Enron & Worldcom Corporation 23 4.3.0 Security Fraud and Manipulation Problems in Madoff Scheme, Enron and Worldcom Corporation 27 4.4.0 Comprehensive Analysis of Parties involved in the carrying out of Security Fraud an d Manipulation 33 4.5.0 Regulation of Security Fraud and Manipulation in Madoff scheme, Enron and WorldCom Corporation 39 5. Conclusions 43 6. Appendix 45 6. References 47 CHAPTER 1.0 INTRODUCTION More than often, fraudulent financial information given in companies financial statement typically takes the form of material misstatements done intentionally by making either the annually or quarterly financial statements fluctuated. In most cases, auditors acknowledge that financial statements are intentionally misstated such that the information provided remains not only misleading, but also inaccurate, such that the presentation of financial reports does not follow the generally accepted accounting practises (GAAP), international auditing standards (IAS) and international financial reporting standards (IFRS). More so, such security fraud and manipulation through the use of fraudulent accounting policies and rules in international corporations like Madoff scheme, WorldCom and Enron led to a huge loss as a result of fraud upon

Take your own moral values on abortion (pro-life) and compare them to Assignment

Take your own moral values on abortion (pro-life) and compare them to the social work ethics and core values - Assignment Example It is interesting in this situation to look at a person’s own biases and prejudices while dealing with this issue. Since every person is situated in a society and can be looked at as a product of the history of that society, it is safe to assume that prejudices would be a part of every person. There needs to thus, be a conscious effort to rid oneself of the prejudices that are a part of one’s mind. It is here that one sees the importance of a code of ethics as laid down by the National Association of Social Workers. This paper shall look at the articles of this code and how it helps one to rid oneself of many a prejudice and work towards a more harmonious society. The code of ethics according to the NASW demands that people who are social workers accept the cultural changes that are a part of today’s society and learn to live in harmony without intentionally or otherwise, causing any damage to the sentiments of others. It is in this context that the issue of abortion becomes a huge issue that becomes difficult for people to grapple with. Any stand that is taken at present seems to be in violation of the beliefs of certain groups, as far as abortion is concerned. This is however, applicable only for those groups that advocate a complete ban on abortion or complete freedom. As in most issues of a multicultural society, the middle path would be the intelligent route to take in this matter. This is especially so since it tends to divide people into watertight compartments even at a political level where it becomes a major issue in pre-electoral times. This lack of discrimination is exhorted to be practiced as can be seen in this part of th e code of ethics- â€Å"Social workers should obtain education about and seek to understand the nature of social diversity and oppression with respect to race, ethnicity, national origin, color, sex, sexual orientation, gender identity or expression,

Children of Illegal Immigrants and Education Research Paper

Children of Illegal Immigrants and Education - Research Paper Example 5). In turn, this has placed them at a disadvantage especially in the job market. A greater percentage of the 62% is of children whose parents are legal immigrants. A survey of five counties in 2004 revealed that 45% of US born children had undocumented parents and the studies further revealed that the education levels of children of legal immigrants were much higher than that of children of illegal immigrants born in US (Caps et al. 6). This has been attributed to the fact that children of illegal immigrants born in US are likely to be faced with higher levels of poverty, which hinders their academic progress as most of them are forced to drop out of school to work. This study seeks to explore medical, psychological, emotional and economic factors contributing to a wide gap in education between children of illegal immigrants born in U.S.A and children of the natives, in order to equip the illegal immigrant parents with a better understanding of what challenges these children are goi ng through so that they can help in bridging the gap in education between their children and those of the natives. ... Sometimes children are forcefully obligated to drop out of school to work in order for them to cater for their basic needs. Undocumented parents may also be reluctant to approach organizations that can aid in financing their children’s education for fear of deportation as opposed to the legal immigrants who can freely ask for financial aid (Capps et al. 12). The other contributory factor is that majority of the illegal immigrant women are less likely to work and because most of them are in the child – bearing age, they are more likely to have more children as opposed to the working class women. As a result, the parents of these immigrant children may find it difficult to finance the education of their many children (Tanakshi 24). Poor educational background of parents of illegal immigrants children Most illegal immigrant parents have less formal education as compared to the native parent. Studies indicate that thirteen percent of parents of immigrant children have less than grade nine educations and a greater percentage lack a high school diploma. The spectrum of higher education also indicates that parents of native children are better educated than the immigrants (Fix and Jeffrey 36). Therefore, this implies that the children of the natives are more likely to be inspired by their parent’s achievements and follow their example or the parents may also be of great assistance especially if the children are having problems with their homework. The studies further indicate that six out of every ten parents of immigrant children are not proficient in English and that a quarter of the immigrant children have at least one of the parents who speaks another language apart from English at