The Lennar Corporations Largest Homebuilders And A...

â€Å"By early 2009, Lennar Corporation was one of the nation’s largest homebuilders and a provider of financial services† (Rankine, G., 2009, pg. 13-2). The Lennar Corporation was successful in many areas of the homebuilding operations including; purchasing, development and financial services operating in 14 states throughout the U.S. The company developed a centralized corporate level management team that was highly experienced in the homebuilding industry. This management team was responsible and handled all important decisions the company made. The Lennar Company continued to grow and flourish and subcontractors were hired â€Å"for site improvements and virtually all of the work involved in the construction of homes† (Rankine, G., 2009, pg.†¦show more content†¦These entities helped the company to reduce a share risk by limiting disposable expenses, allowing the company to â€Å"participate in a strategic ventured† (Rankine, G., 2009, pg. 13- 6). Joint ventures allowed the company to enter into markets that without a strategic partner would not have been accessible. Joint ventures also expanded the financial situation for the Lennar Company â€Å"to combine its homebuilding expertise with access to it partners’ capital† (Rankine, G., 2009, 13-6). Joint ventures are accompanied by sharing arrangements â€Å"that enable parties to collaborate for mutual gain that would not otherwise be available from working align† (Rankine, G., 2009, pg. 13-7. This allowed the Lennar Company to venture and expand business in develop and financial areas that may have not been accessible. During the 2008 recession in the U.S. the residential homebuilding industry competition became fierce. The Lennar Company participated in this industry along with combining efforts of other homebuilders for desirable properties to dominate the market. The Lennar Company soon found itself in the midst of the deep global recession that included a major credit crisis, housing collapse and mortgage defaults resulting from the unemployment rate in the U.S. Not only was the Lennar Company affected by the circumstances, but as the same time the company faced criticism from the Fraud Discover Institute (FDI). Barry Minkow was

The Psychological Association Of Night By Elie Wiesel

The American Psychological Association defines a traumatic event as, â€Å"one that threatens injury, death, or the physical integrity of self or others and also causes horror, terror, or helplessness at the time it occurs† (American Psychological Association, 2008). With this definition in mind, it no surprise that the Holocaust is one of the most traumatic events in history. Millions upon millions of people either lost their own lives, or watched the lives of their loved ones be taken right in front of their eyes. Many survivors solemnly admit that the hardest deaths to watch were those of children. In fact, an estimated 1.5 million children were killed during the tragedy (United States Holocaust Memorial Museum, 2016). However, one cannot help but wonder what happened to the children who did survive. Elie Wiesel was one of those children who was ‘lucky’ enough to survive. However his ‘luck’ came at a severe price. Elie Wiesel suffers both severe em otional and physical trauma in his novel, Night. Night tells the story of a young boy, Eliezer Wiesel, and his struggles to survive during the Holocaust. Becoming a victim of various Nazi German concentration camps at the young age of fifteen, Elie finds himself separated from his mom and sisters, never to see them again. Therefore, he solely remains with and relies on his father. Together they are stripped, sanitized and treated with inhumane cruelty, along with millions of other innocent victims. Despite their strong bond andShow MoreRelatedEssay on The Holocaust: The Concentration Camps1484 Words   |  6 Pagesnever went through the Holocaust, the inhabitant’s immediate suffering is uncommunicative eyewitness report. It reminds me of the book Night by Elie Wiesel which I read during my junior year in high school. Night reports the story of a young Jewish boy who witnesses the death of his whole family, the death of his innocence, and also the death of his God. The Night is absolute a wonderful book of accounting the ex perience which happened in the Nazi death camp, perhaps, it is one of thoese few booksRead MoreAnalysis Of The Hunger Games 2484 Words   |  10 Pagestype involves denying human attributes to another person. The second type is an everyday social phenomenon that centers on indifference or apathy (Haslam 252). One of the types of dehumanization is animalistic, where the victims are denied any association to unique human traits, and perceived as non-human animals. Mechanistic dehumanization is another type of dehumanization, wherein, the victims are completely denied any human attributes, and in doing so, compared with machines. In both types, theRead MoreThe Holocaust Of World War II1879 Words   |  8 Pagesto the cruelty of Nazi treatment to Jews; specifically the story of Elie Wiesel is most commonly referred to as the story that brought the scale of Nazi treatment to epic proportion for the whole world to see. Wiesel survived the harsh environment of Auschwitz, the place where over 1 million Jews were executed through methods of either using gas chambers or long enduring periods of starvation. He makes it clear in his book Night that his strategy to survive was mere human instincts and devotion toRead MoreTorture and Custodial Violence in Prisons12554 Words   |  51 Pagesyourself†. – Adriana. P. Barlaw Torture seeks to destroy the human spirit. It deliberately attacks the physical and emotional well being of individuals and in some cases, the dignity and will of entire groups. It leaves long lasting physical and psychological effects amongst victims. The UNDHR 1948 proclaim that everyone has the right to life, liberty and the security of person and that no one shall be subjected to torture or to cruel, inhuman or degrading treatment or punishment. ICCPR asserts that

Principles of Corporate Governance

Question: What are the principles of Corporate Governance? Explain. Answer: Corporate Governance Principles For implementing corporate governance (CG) in the Woolworths, it is critical to follow and implement principles, which are suggested by the corporate governance council of Australia. These standards and principles bring uniformity in the structure and management of CG in the Australian firms. Below are the requirements of CG for Woolworths: Formulation of board: Woolworths needs to implement board committee by appointing board of directors. This firm should develop and clearly define the roles and responsibilities of directors and the processes of monitoring and apprising performance. Ensure Development of Appropriate Board Structure: This firm needs to compose board structure by appointing required number of directors with variant skills and gender. It helps board to discharge their duties effectively and to add value. Code of Conduct: For ensuing effective performance of CG, Woolworths needs to implement code of conduct and ethical behaviour. These standards promote ethical and responsible behaviour and actions among the board of directors. By defining accepted behaviour and attitude through code of conduct, the board at Woolworths promotes trust among the involved people (ASX Corporate Governance Council, 2016). Integrity in corporate reporting: The Audit and Risk Committee is the major requirement for establishing effective CG. This ensures firms to develop formal processes for the independent verification and protection of the corporate reporting. . Proper disclosure of information: Woolworths needs to follow disclosure obligations under the ASX Listing Rules and Corporations Act for making the shareholders and other related parties well informed about the affairs in which they have interest. Rights of Security holders: The major right of security holders is to get information related to the business affairs on timely manner. Woolworths needs to publish annual reports on the website and to announce market-sensitive information that may have effect on the interest of shareholders (FSC, 2016). Risk identification and management: Board of the Woolworths needs to delegate responsibilities for the better identification of existing and potential risks. It also helps to implement system to address the risks effectively. The Audit and Risk Committee of Woolworths needs to monitor the systems and policies to identify risks and to update them on regular basis. Fair and responsible remuneration: For implementing CG in effective manner, the implementation of a Remuneration and Nomination Committee is required at Woolworths. It helps firms to ensure about fair and responsible remuneration for the board of directors (ASX Corporate Governance Council, 2016). This will allow Woolworths to protect the interest of shareholders and investors. Practical Applications of CG Requirement The practical application of CG requirement in Woolworths requires effective establishment of three basic principles including transparency, accountability and control. These principles allow a firm to implement an effective compliance program for better identification of potential risk and protection of the involved parties interest. By placing this compliance programs, this firm may effectively manage market, legal, reputation and other risks with their associated outcomes (ATO, 2016). Apart from this, different committees are needed to be developed by Woolworths to implement the recommend CG principles and standards within the organisation and to ensure risk management. The committees are required to place due to their role in evaluating and monitoring the processes and systems of controlling and managing risks and to make required changes overtime (ASX Corporate Governance Council, 2016). Similarly, the practical application of CG principles requires Corporate Law and Securities Regulation as it also provides guidelines for the implementation of corporate governance. Apart from this, Woolworths needs to give quality assurance regarding the implementation of processes and products for protecting rights of investors (FSC, 2016). Directors and companys executives need to compliance with the rules and regulations to ensure practical application of CG requirement in Woolworths (ASIC, 2016). Review of Internal Control Procedures and Policies Woolworths has met with the compliance of internal control policies and procedures at the greater extent as it has implemented different types of committees such as audit, risk and compliance, sustainability, nomination, remuneration, etc. to ensure effective compliance with the compliance and to meet with the corporate governance requirements. In addition to this, it also has the board with the appropriate structure and size that also indicates effective internal control within this firm. Internal and external audits are placed within this firm to ensure regular mentoring and evaluation of the internal control systems and policies (WHL, 2016). But, the board of this firm has failed to manage risks at the Woolworths Masters that incurred huge loss and affected the interest of shareholders (The Daily Telegraph, 2016). This indicates failure of Woolworths in applying CG principles effectively. By including more skilled directors in board structure, it can manage the risk successfully f or ensuring better internal controls (ASIC, 2016). References ASX Corporate Governance Council (2014) Corporate Governance Principles and Recommendations. Australian Taxation Office (2016) Good governance principles. Financial Services Council (2016) Standards and Guidance. The Daily Telegraph (2016) Masters hardware chain sell-off to start this week. Woolworths Holding Limited (2016) The Board.

Philadelphia The Movie Essays - NYPD Blue, Andy Bernard,

Philadelphia The movie Philadelphia The movie, Philadelphia, was an excellent example of the severe discrimination many people with Aids are exposed to. In this instance the main character, Andy ,was also gay. Unfortunately, in our society, he was faced with a double whammy. The gay iss is controversial enough, but to compound that in the work force with having Aids would be almost unbearable for any person to cope with. Tom Hanks played Andy with a serious need to communicate to the viewers how everyday life, work, emotions and ment well being are affected by this kind of situation. The movie was well cast and thoughtfully portrayed Andy's serious predicament. The theme was very interesting. It made me realize how lucky I am to not have to deal with those kinds of problems. It's really very frightening to realize, as Andy did, that even our legal system can be discriminating. When he started looking for a lawyer, he found many people who did not want to represent him because of his illness. The frustratio n he felt must ha been a real burden. Most people were afraid of him. Even the man who finally represented him was afraid of him. He soon came to understand Andy was no threat to his health or his reputation, but someone he learned from and ended up becoming friends th. Andy himself feared his disease even before he was sure he had it. He did not want to go for his blood test. He didn't want to face the reality of having Aids. He really didn't have any choice. After the doctor confirmed his fears and diagnosed him a having Aids, Andy began to deal with the news and the way it was changing his life and how people treated him. His employer was trying to shaft him. He fought for his rights, not knowing what the outcome would be, but knowing this was something he fel he must do. The turning point in the movie for Andy was when he was in the library trying to learn more about Aids. He was asked by the librarian to go to a private room. His lawyer was there and saw this happening, althou gh he was hiding behind a pile of books. guess this is when he realized Andy needed him to help protect his rights. It killed me to think just because someone has an illness people don't understand that they can let their ignorance make them behave in a way they normally wouldn't. To tell yo the truth I can't honestly say I would have acted any different then the librarian did !!! The lawyer took the book Andy was holding out of his hand to show the librarian he was not afraid getting the disease by touching something Andy had touched. An must have felt one hell of a big relief when that happened !!! He finally had someone on his side. I hated the firm Andy worked for. At first they seemed okay, but after they tried shafting Andy, I was really pissed. He worked for them, produced for them, was an asset to their business and then they just blew him off. The blowing him off part wasn as bad as how they tried to do it. They tried to make him look like a loser. They cut down his work, his character, his abilities as an employee. What gives them the right to try and destroy someone's life Especially someone whose life is being d troyed anyway by the disease he has. The illness didn't affect the way he did his job or how well he did it. They were just a bunch of ignorant morons who didn't care about anything other than how having someone with Aids working for them would make t m and their business look..... and in their opinions it could ruin them. So, just fire the guy to cover their own asses. What a bunch of shit !!!! Especially coming from the very institution that was supposed to help protect peoples' rights, lawyers !! The whole system must have really gotten to Andy. Especially because he was a part of that very same system. I agreed with