Acc/230 Week 6 Assignment Free Essays

Week 6 Assignment: Candela Corporation Case Rebecca Mouser ACC/230 Financial Reporting: Peeking Under the Financial Hood November 4, 2012 Instructor Nathan McDaniel Week 6 Assignment: Candela Corporation Case Assignment: Candela Corporation Case Resource: Ch. 4 of Understanding Financial Statements * Compose a 500- to 750-word paper responding to questions 1 and 2 of the Candela Corporation Case on p. 146 (Ch. We will write a custom essay sample on Acc/230 Week 6 Assignment or any similar topic only for you Order Now 4). * Format your paper according to APA standards. * Post your paper as an attachment. 1. Using the Consolidated Statements of Cash Flows, prepare a summary analysis for the years ended July 3, 2004, June 28, 2003, and June 29, 2002. Analyze the cash flows for Candela Corporation, Inc. for all three years. 2. Explain what information you gain from the statement of cash flows that cannot be found directly from the balance sheet or income statement. â€Å"Candela Corporation is a pioneer in the development and commercialization of advanced aesthetic laser systems that allow physicians and personal care practitioners to treat a wide variety of cosmetic and medical conditions† (Fraser amp; Ormiston, 2007, pp. 46-147). After reviewing the corporation’s statement of cash flows for the years 2002, 2003, and 2004, it is clear that the company has taken on many changes financially. In 2002, Candela Corporation had a weak start with several losses compared to the years 2003, and 2004. In 2002, Candela had a net loss of $2,154 (thousands) compared to a net gain in 2003 and 2004. Candela Corporation had a significantly higher amount of loss in its net cash used in operating activities of $7,071 (thousands) compared to its net loss of $2,154 (thousands), a difference of $4,917. Candela Corporation also had a net loss in its investing activities of $1,058 (thousands), and a net loss in its financing activities of $5,141 (thousands). Candela also had a loss of $68 (thousands) on its income taxes for the year. In 2002, the company took a loss in the following operating areas according to their statement of cash flows. Provision for deferred taxes $115 (thousands), tax benefit from exercised stock options $6 (thousands), effect of exchange rate changes on foreign currency denominated assets and liabilities of $305 (thousands). Account receivable $3,525 (thousands), notes receivable $54 (thousands), inventories $1,661 (thousands), and accounts payable $3,069 (thousands) and income tax payable $784 (thousands). Net losses in investing and financing areas include purchase of property, plant, and equipment of $1,058 (thousands), repurchases of treasury stock of $5,215 (thousands), and principle payments of long-term debt of $370 (thousands). In 2003, Candela Corporation had a net profit at the yearend of $6,814 (thousands) with a net cash used in operating activities of $11,655 (thousands); a significant difference from 2002. Candela Corporation still had a net loss in its investing activities of $1,227 (thousands) while they had a net profit in its financing activities of $176 (thousands). Other net losses the company incurred in its operating, investing, and financing activities sections were provision for bad debts $13 (thousands), provision for deferred taxes $682 (thousands), and tax benefit from exercised stock options of $505 (thousands). Other areas are restricted cash $57 (thousands), account receivable $2,417 (thousands), accounts payable $1,409 (thousands). Accrued warranty costs of $921 (thousands), purchase of property, plant, and equipment $1,227 (thousands), net borrowings (repayments) on line of credit $1,114 (thousands), and principle payments of long-term debt of $3,330 (thousands). Candela Corporation seems to be most successful in 2004 according to its statement of cash flows. In 2004, Candela Corporation had a net income of $8,119 (thousands) and $1,132 used in net operating activities. Even though the company still had several losses in 2004 they were still able to profit from the last two years. Other net losses the company incurred in its operating, investing, and financing activities sections were tax benefit from exercised stock options of $1,223 (thousands), restricted cash $200 (thousands), accounts receivable $7,663 (thousands) and inventories of $2,134 (thousands). Other current assets of $2,550 (thousands), other assets $236 (thousands), accounts payable $91 (thousands), income tax payable $1,312 (thousands), and purchase of property, plant, and equipment of $685 (thousands). The income statement and balance sheet provides an adequate amount of information, but the statement of cash flows provides a clearer picture of what a company is doing and how well they are doing. The income statement and balance sheet provides information about the accounts receivable and the accounts payable as well as depreciation; the statement of cash flows also provides this information. â€Å"A company’s financial statements consist of the balance sheet, income statement and cash flow statement. The balance sheet summarizes the assets, liabilities and shareholders’ equity of the company. The income statement shows the sales-related activity over a period, which is usually a quarter of a year. The cash flow statement shows the cash inflows and outflows during a period. Financial information is important in assessing a company’s profitability, detecting problem areas and making investment decisions† (Basu, 1999-2012). References Basu, C. (1999-2012). The importance of Income Statement and Cash Flows. Retrieved from eHow: http://www. ehow. com/info_8274659_importance-income-statement-cash-flows. html Fraser, L. M. , amp; Ormiston, A. (2007). Case 4. 2 CandelaCorporation. Prentice Hall. How to cite Acc/230 Week 6 Assignment, Papers

Elixirs For Your Memory Essay Research Paper free essay sample

Elixirs For You Memory Essay, Research Paper ? Elixirs For Your Memory: The blitz is on for gingko and other herbal merchandises, but are they panaceas or placebos? ? -Time Magazine September 13,1999 Recently, everyplace you turn, you see or hear about new herbal redresss used for bettering one? s memory and concentration. One more often discussed is Ginkgo Biloba. It is an herbal substance that offers hope for bettering memory, concentration and encephalon maps. Ginkgo Biloba is a derivative of a leafy cosmetic tree that originated in eastern China. It is said to increase blood flow to the encephalon, bettering watchfulness and concentration ( Drummond, September 13,1999 ) . Although many people who are presently taking this medicine swear by it, who truly knows if it does better encephalon maps or if it is merely a placebo? The article? Elixirs For Your Memory? discusses the latest information sing Gingko Biloba. At big, most research workers are still diffident about the medicine. We will write a custom essay sample on Elixirs For Your Memory Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Many feel that extended probe and experimentation is still needed before trusty consequences can be established. Yet, on the other side, traditional therapists have no uncertainties about Gingko Biloba and believe that it has been used in Chinese medical specialty for old ages working admirations for it? s receiving systems. Obviously, the makers of these medicines besides believe that the medical specialty is a success for bettering encephalon maps. If you were to inquire a memory expert his or her sentiment about Gingko Biloba, the most likely reply would be that they are disbelieving about it and other encephalon supporters ( Drummond, September 13,1999 ) . ? Most of these merchandises have non be investigated to any important extent that would justify the claims that are being made, ? says Doctor Ronald Peterson, a neuroscientist at the Mayo Clinic in Rochester, Minn. ? Other research workers are even more to the point. All the media, they say is simply a instance of a placebo consequence run amok: people want their memories to acquire better, so they do. Give them a sugar pill, and they likely wouldn? T know the difference? ( Drummond, September 13, 1999 ) . Many persons are concerned with the recent liking taken toward these medical specialties. One concern comes from authorities research workers. Their concern is that 1000000s of people are steeping addendums without any thought what the substance side effects are, whether positive or negative. ? The National Institutes of Health is set abouting a survey of the effects of Gingko Biloba on aged people with mild memory damage, but it will be old ages before consequences are in? ( Drummond, September 13, 1999 ) . Consumers of such merchandises have small to travel on other than the maker? s claims and inconclusive research. Even more alarming, Gingko Biloba and other substances are non regulated by the Food and Drug Administration. The authority and pureness of the merchandises vary from trade name to trade name. At that, who reads labels any longer before starting foreign substances into their oral cavities? Many utilizations of these substances haven? t the slightest thought what they are devouring and what the does and wear? Ts are while taking the medical specialty. One Don? Ts involved with Gingko Biloba is that persons who are taking acetylsalicylic acid or other blood dilutants should foremost confer with their doctor before get downing the merchandise. The ground is because Gingko Biloba contains anticlotting features ; when it is taken in combination with blood dilutants it can do internal hemorrhage ( Drummond, September 13, 1999 ) . One facet is by and large agreed on, there is non plenty known about memory substances to measure the possible hazards. Most research so far has been conducted on worlds enduring from Alzheimer? s disease or on laboratory animate beings such as mice. Scientists are now merely get downing to carry on research on how the memory reacts to the natural ripening procedure. It is a batch more complex than people assume and it is traveling to take a batch of clip inorder to happen replies to memory loss and ways to forbid it. One twenty-four hours it possibly rather possible to take a medicine to forestall memory loss or Alzheimer? s disease. Until so, ? Experts suggest following the phrase Use it or Lose it. By merely reading a book or work outing a crossword mystifier on a regular footing can make admirations, even if it is non clear why? ( Drummond, September 13, 1999 ) . In drumhead, the article suggests that taking substances may non be the best thing to make at this point in clip. Much more research and probe is needed before jumping into a substance dependence. The best advice is to merely utilize your memory so that it doesn? t fade off. Medical Diaries sometimes tend to differ with what information the general public receives from the media refering medical informations and finds. As it relates to the article about Ginkgo Biloba, the medical diaries seem to hold a somewhat different sentiment about the utilizations of herbal substances. The general thought in the medical diaries is that there is non adequate information on these herbal substances to do an educational determination. Having the cognition of the substance uses and its possible side effects is indispensable to enable doctors to order medicines that are most effectual for his or her patients. Yet, one facet that was non included in the article is informations sing the latest surveies being conducted to better understand herbal substances. Many surveies that are presently being conducted in the USA and Europe suggest assuring consequences refering the usage of Gingko Biloba. The consequences are uncovering that Gingko Biloba infusion is an effectual therapy for a assortment of perturbations of intellectual maps. Some bettering consequences from these surveies are improved memory loss, attending and watchfulness. Another survey suggests that Gingko Biloba infusion may assist grownups get by with the emphasis that they face on a day-to-day footing in their lives. Harmonizing to yet another survey, the hereafter of Gingko Biloba is doubtless in the promise of decelerating down Alzheimer? s disease. So far, scientists have been able to decelerate down Alzheimer? s disease by six months clip in clinical trails ( Clostre F, July 1999 ) . In comparing the media article? Elixirs For Your Memory? and the medical diaries, it can be concluded that the information provided by the media is true. The article suggests that Gingko Biloba may hold assuring consequences as does the medical diaries. However, one facet that is different between the two is that the media article does non incorporate many animating properties that are found in the medical diaries. If the reader were merely to read the article, he or she would likely be convinced that Gingko Biloba doesn? T hold much hope in the hereafter. It doesn? t include any information about the current surveies that are taking topographic point that suggest that Gingko Biloba will hold a promising consequence in the hereafter. The medical diaries portion penetrations on remedies, utilizations and benefits that Gingko Biloba may convey approximately, such as bettering emphasis degrees that grownup? s face in their day-to-day lives and on decelerating down the effects of Alzheim er? s disease. The media article concentrates more on the ruins of taking the medicine at this point in clip. What is says though is non false. From both the media article and the medical diaries, it is suggested that it is likely non the best thought to take any substances at this point in clip, unless a physician prescribes it. Both agree more clip and research is needed before consumers begin taking any medicines. Overall, the media article is a small unjust as it regards to devouring Gingko Biloba. Alternatively of merely discoursing the substance at big and speaking about the possible ruins of taking the medicine, the article should hold included some information about the current undergoing surveies. It would let people to hold a broader thought of what is traveling on in the medical universe. It would likely put people? s heads at easiness cognizing that there is assuring hope in the hereafter for interventions that will assist the ineluctable memory loss that unluckily comes with old age. Many persons are greatly concerned and scared about memory loss such as Alzheimer? s disease. Knowing that possibly, if merely a little opportunity, these persons will non hold to meet it sets many heads at easiness. Hopefully the hereafter holds many finds and remedies for memory loss and mental stableness. But until so, one? s best stake is likely to loosen up, utilize your memory every bit much as possible and bask it. The manner people worry themselves about issues that are out of their control merely makes things more hard on the head and organic structure. Drummond, Tammerlin. ? Elixirs For Your Mind: The blitz is on for gingko and other herb tea merchandises, but are they panaceas or placebos? ? Time Magazine 154 ( 1999 ) : 60-61. Clostre, F. ? Ginkgo biloba infusion ( Egb 761 ) . State of cognition in the morning of the twelvemonth 2000. ? Ann Pharm Fr 1999 July ; 57 Suppl 1: 1S8-88. Ness J, Sherman FT, Pan CX. ? Alternate medical specialty: what the informations say about common herb tea therapies. ? Geriatricss 1999 Oct ; 54 ( 10 ) : 33-8, 40, 43.

Information Security Risk Assessment †Free Samples to Students

Question: Discuss about the Information Security Risk Assessment. Answer: Introduction Information security match with the risk management process that tends to identify the assets, threat sources, vulnerabilities and the potential impacts of other possible controls. In order to standardize this, there is guidance based on industry standards on password, firewall and the encryption software with legal liabilities for the training standards. Being the Information Security Manager of ABC organization, I have been asked by CISO to review the breach incidents and analyze the trends. With this, I have to focus on the policy development and assessment of the risks, contingency planning, and operational planning in an effective manner. Being the Information Security Manager, my major focus is on reviewing the global security breach and examine the threats which can have a major impact on the organization functioning. The limitations for CISOs is the signature-based patterns where the sheer volume of new malware is created daily. The lack of scalability and non-supporting distributed environment. The major focus is on the compliance which is a static event and is intrusion centric to handle the threats and protect the data. (Soomro et al., 2016) The report will discuss the different recommendations and the management measures which are required to handle the threats. The risk-based development and security policy structure is discussed with policy development process focusing on the business and the other organizational requirements. Analysis of Information Security Incidents for 5 years There was a Petra cyber attack on the company, where the ransomware hit the servers in Australia where the people had to face issues related to the loss of data. The malicious or the criminal attacks were seen to be the primary causes for the breach. The information security breach with Krebs on Security by point-of-sale credit card used. The Dun Bradstreet incident happened in 2017, where most of the marketing database with the different corporate contacts were shared over the web (Peltier, 2016). The next security incident was Gmail users in the company were targeted with the sophisticated phishing scam which was seeking the gain in the access to the accounts through the third-party application. The emails were loosed as if they came from the trusted contact and then notified the individual that they wanted to share a Google Doc with the people. DocuSign Attack where the customers and the users were mainly targeted by the phishing attacks of malware. It includes the breach of one system where one could obtain the email address and no other personal information. The hackers then used this email address to mainly conducting the malicious email campaigns where the DocuSign branded message was then sent for the prompted recipients to click and download the Microsoft Word document (Nazareth et al., 2015). Threats which has potential threats to your organisation. Some of the major threats which seems to be an issue for the development are: There is a possibility of exploiting the known vulnerabilities, with crimes as a service with ready to use kits for ransomware. The increased sophistication will then be used for the high-value networks. The critical infrastructure is likely to populate the target for the sophisticated attacks with supply chain targeting that tends to continue as the third party works over the weak links and handling the outsourcing arrangements mainly at a higher risk. The management of the service providers will tend to continue with attractive targets which have a higher number of customers, connectivity as well as the customer access for the networks and the data (Ab Rahman Choo, 2015). IoT (Internet of Things) will tend to create risks with pressure on the consumers for the manufacturing which includes certain security controls. The explosion of threats, privacy, and the ethical concerns are the major concern for big data with stringent global regulations where the huge demands are based on the security professionals with the evolvement of certain grounded expertise. Propose and Discuss the management measures to overcome them In order to overcome the issues, the physical security (security of the physical assets and the workplace threats), operational security, communication security needs to be managed properly. According to CNSS (Committee on National Security Model), they help in maintaining the gap in coverage of Information Security Program. The use of CIA triangle focusses on maintaining the confidentiality, integrity and the availability of privacy, identification and the authentication system stability (Tsohou et al., 2015). For the confidentiality, The secured documentation and the storage of data, cryptography, education of information custodians is important. Integrity includes the stability of access or error control. The availability of the authorized users could be maintained through backups, up-gradation of the system and recovery of disaster. The privacy could be maintained through access control and policies. The authentication and identification through the use of certain cryptographic certifications. The authorisation is to handle the access, modification, or the deletion of information. There is a need for focusing on the information security strategic planning so that one can handle the mitigation, transferring, acceptance or avoidance of information which is related to the people risks, process and technologies (Safa et al., 2016). The planning will focus on the short-term focus with increased monitoring of the other external connections. The budgeting, resource allocation, and the personal details are critical to the tactical planning which includes the security strategies like monitoring the external connection, associated risks with increased connectivity and handling the security hardening process. The strategy will help in redundancy for the critical production system with improved availability of the services as well. The customer facing issues are set in accordance to the security standards in order to replace the network bridges with the switches to rebuild a better customer application which will allow the business to be relocated inside the organization with the trusted network (Fenz et al., 2014). The planning for the strategic implementation includes the tactical and the operational security plans which are based on handling the development where the Information Security Governance focus on determining the standards which measure progress towards the better achievements. It also includes the accountabilities and the methods for the proper measurement of progress with verification of risks management practices. The driving force for SDLC is depending upon the event driven programs where the employees, customers and the other stakeholders need to work on the structured review planning (Baskerville et al., 2014). Recommendations Being the Security Manager of the ABC Company, I have to also keep a check on the configuration of the firewalls and the IDPs, implementation of the security software, and the diagnosis of troubleshooting problems. This will help in coordinating the system and other network administrators to make sure that the security is controlled and implemented in an effective manner, at an entry-level position. The security policies are required to handle the seem like the Enterprise Information, Issue-Specific, and the System Specific policies. They are also important for matching with the general standards and IT security. For the security from phishing attacks, there is a need for awareness section, security controls and the incident response where the CRM implementations are done effectively through the contractual agreements and proper access control. The physical security is based on the designing, implementation and the maintenance which is important to protect the physical resources it i ncludes the hardware and the other data element support with the focus on operating and then maintaining the systems in an effective manner. Conclusion For handling the security issues in my organization, there is a need to handle the risk management programs. This can be done through proper planning, allocation of the budget and schedule, risk probability, and impact with proper tracking risks management activities. There are different processes and the procedures based on handling the sensitive transmission, processing, and storage (Shameli et al., 2016). This could be through properly identifying the threat and handling the potential to work on the information gathering techniques which include the brainstorming, Delphi Technique, Interviewing and the Root-Cause Analysis. The checklists analysis and the assumptions are made to determine the influence diagrams with better output risk register. References Ab Rahman, N.H. and Choo, K.K.R., 2015. A survey of information security incident handling in the cloud.Computers Security,49, pp.45-69. Baskerville, R., Spagnoletti, P. and Kim, J., 2014. Incident-centered information security: Managing a strategic balance between prevention and response.Information Management,51(1), pp.138-151. Fenz, S., Heurix, J., Neubauer, T. and Pechstein, F., 2014. Current challenges in information security risk management.Information Management Computer Security,22(5), pp.410-430. Nazareth, D.L. and Choi, J., 2015. A system dynamics model for information security management.Information Management,52(1), pp.123-134. Peltier, T.R., 2016.Information Security Policies, Procedures, and Standards: guidelines for effective information security management. CRC Press. Safa, N.S., Von Solms, R. and Furnell, S., 2016. Information security policy compliance model in organizations.Computers Security,56, pp.70-82. Shameli-Sendi, A., Aghababaei-Barzegar, R. and Cheriet, M., 2016. Taxonomy of information security risk assessment (ISRA).Computers security,57, pp.14-30. Soomro, Z.A., Shah, M.H. and Ahmed, J., 2016. Information security management needs more holistic approach: A literature review.International Journal of Information Management,36(2), pp.215-225. Tsohou, A., Karyda, M. and Kokolakis, S., 2015. Analyzing the role of cognitive and cultural biases in the internalization of information security policies: recommendations for information security awareness programs.Computers security,52, pp.128-141.

Six Sigma Process to Increase Efficiency

Introduction Six Sigma can be described as a process which increases efficiency and decreases defects in production or operational processes with the end goal being an overall reduction in costs for the company in terms of resources saved. Taking this into consideration any company that suffers from consumer complaints regarding product quality can benefit from implementing various aspects of Six Sigma into their operational structure.Advertising We will write a custom essay sample on Six Sigma Process to Increase Efficiency specifically for you for only $16.05 $11/page Learn More On the other hand what isn’t outright stated is the fact that Six Sigma can be thought of as a constraining and limiting form of management since it requires products, services and methods of operation to conform to singular overriding plan that emphasizes a particular method of performance in order to achieve a certain end goal. Problems with Six Sigma This means that i t at times limits management methods related to initiative, thinking outside the box or utilizing methods of management that aren’t necessarily a part of the company’s original management procedure. Based on this it becomes a question of whether Six Sigma management methods are a necessity instead of an option in a company’s operational structure. In the case example provided it can be seen that high product defect rates reported by consumers necessitates the need for significant process change and as such it can be seen that the implementation of Six Sigma in this particular case is a necessity in order to improve product quality and thus a company’s brand image. Changes that will occur Through the use of Six Sigma it is expected that daily operations within the company will undergo drastic changes in the form of increases to efficiency and reductions in resource wasting operations. This would involve department restructuring, removing redundant teams or operations, distributing roles among existing staff so as to increase human resource utilization without having to hire more workers as well as the implementation of new production overseeing processes to ensure compliance to new standards. Approaches to new projects under the new Six Sigma process would have to coincide with how adaptive such projects can become with the company’s new style of operations, whether they can be implemented quickly, efficiently and at low cost and how to ensure compliance with Six Sigma processes.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Overall it is expected that my management style and method of deductive methodology will actually be severely limited in terms of utilizing methods outside of established company operational procedures as dictated by Six Sigma. In fact it is expected that across the entirety of the company’s management st ructure decisions and methods of operational implementation will take on a â€Å"top – down† structure of management resulting in limited freedom in decision making however this should increase operational efficiency and reduce product defects. From a certain perspective thought it can be stated that the use of Six Sigma cannot be considered entirely good for the company. Its confining and regimented use of statistics and metrics turns employees into numbers rather than people. In a way it can be stated that the Six Sigma process stifles creativity in favor of efficiency which cannot be considered the best possible process in which to proceed in a technology oriented business environment where innovation is prized above all else. In fact the very company that started the Six Sigma process â€Å"Motorola† failed to capitalize on changing smart phone technologies and innovations within the past decade resulting in its rivals such as Nokia and Apple, which place gr eater emphasis on innovation, effectively reducing Motorola’s market share to a third of what it used to be (Colvin, 2011). It is based on this that while I do agree that greater efficiency and reduction of wasteful resource utilization is an advantage for the company the fact remains that regimented and procedure oriented methods of management cannot be considered an ideal process to be implemented in light of current market trends where there are fewer barriers to entry and the need for constant innovation. As such this necessitates the implementation of certain vertical and horizontal management processes instead of a regimented top down approach.Advertising We will write a custom essay sample on Six Sigma Process to Increase Efficiency specifically for you for only $16.05 $11/page Learn More Reference Colvin, G. (2011). Motorola’s Uphill Battle. Fortune International (Europe), 164(1), 34. Retrieved from EBSCOhost. This essay on Six Sigma Process to Increase Efficiency was written and submitted by user Barbara Berry to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

A Solution that Impacts essays

A Solution that Impacts essays Gandhi is probably the most well known non-violent protester of all times, followed by Dr. Martin Luther King, Jr. Kings views on non-violence are all to clear in his I Have a Dream speech, where King said, We must not allow our creative protest to degenerate into physical violence. Another passage of the same speech said, We must forever conduct our struggle on the high plane of dignity and discipline, which shows that King didnt want his followers to lead undignified, violent protests (VanderMey). King knew that if the protests they led were violent then the police would just come and arrest the protesters and use violence against them, whereas if protesters used non-violence and then the police used violence the public would catch wind of the event and become interested or at least sympathetic. These non-violent protests were and are still effective due to the calm manner used in trying to talk situations out and come up with a conclusion. The first nonviolent protest that King led was the Montgomery bus boycott. This started with Rosa Parks arrest. Most everyone knows of this event, but not all know that it lead to Martin Luther King, Jr.s active role in protests for African American civil rights. With the success of the bus boycott, King realized the need for a way to unite all blacks for civil rights. He set out to organize the Southern Christian Leadership Conference, or the SCLC, which allowed blacks to gather and discuss issues as well as set up a base for King to speak in the south (Martin). Later, in 1960, King moved to Atlanta to preach at the same church as his father. This place allowed King to dedicate more time to the civil rights movement and to the SCLC. Another protest of importance is the one for desegregation of lunch counters. College students asked King to support them, and them the police arrested King as well as others. From jail in Birmingham, King wrote a let...

Is the American Dream Over Essay Example | Topics and Well Written Essays - 1250 words

Is the American Dream Over - Essay Example From this study it is clear that  the opportunity to become a rich and successful citizen is influenced by the level of education. Here we can trace the main manifestations of inequality, which influence the future of the country and people. Rich people appear in advanced position. Good education in the USA costs much; therefore, the possibilities of a child to receive this education directly depend on the prosperity and the education level of his parents. It’s hard for the parents to earn decent money without good education. The vicious circle appears as a result. The prospects of any American depend on the income and education of his/her parents more, than the prospects of a resident of almost any other developed country. On the other hand, many people think that income inequality is not a problem and the American dream is not so important for America.  This paper highlights that  the most disappointing thing is that the rich are sure that they should live better, beca use they deserve it as they managed to earn money. Such ideas worsen the situation. In the last decades America chose the political agenda that left the most vulnerable sectors of society behind. The growing concentration of wealth and considerable decrease of taxes on it did not allow investing in education and protection of children. The unemployment rate among the schools graduates is growing rapidly. One more indicator of population distress significantly grew: the frequency of use of various discounts and benefits.

Joseph Nyes Rise of Chana and American Power Coursework

Joseph Nyes Rise of Chana and American Power - Coursework Example In brief, the good relationship dipped since the people of China perceived the recession as a decline of USA and their subsequent rise therefore they ascended to super power position. Absolute decline refers to a situation where there is decay or complete exhaustion while relative decline in its part is where the resources present in another country are used more efficiently and effectively. He mentioned that Asia and China in the past housed close to 70% of world population thereby contributing to the market. In recent years, most of the world population still live in Asia and China yet approximately 20% of world products come from Asia. Thus, it is a return because Asia and China seeks to meet its past contribution to the market by balancing it population and ability. He mentions that too little power like calories is wrong since t can make one to expire or perish. On the other hand, too much power does not represent goodness just like calories in human