Industry business model paper Essay Example | Topics and Well Written Essays - 2000 words

Industry business model paper - Essay Example Some fifty million Americans gamble each year, betting anywhere from $30 billion to $100 billion, depending upon the estimate one chooses. The vast majority of this money is wagered illegally. Many states, however, are now stampeding to legalize lotteries, approve new racetracks and set up off-track betting! By early 1974, eight states were operating lotteries, with at least four others about to open for business. New York city began legalized Off-Track Betting (OTB) in 1971, and many other places, too, may soon do so. Also, New Jersey, Maryland and Hawaii are said to be considering joining Nevada in legalizing casino gambling. Yes, gambling is indeed a huge industry that is largely growing around the world today. For this particular reason, business organizations are actually becoming more interested in investing in gambling industries at present. For them, the said approach to business may indeed be risky, but the returns from the said challenging risks are all worth it. Among the business entities that were able to identify this particular truth behind the worldwide gambling industry’s progress towards the future is that of the Mandalay Business Corporation. The Mandalay Resort Group has invested a $1billion business entity to establish the Mandalay Bay Resort and Casino in Las Vegas. This particular investment has actually made a great impact in bringing in a tropical resort theme in the middle of the wild luxurious gambling industries. This particular resort holds at least 3,700 rooms within it vicinities and several huge function rooms within the area which are all made for gaming, dining and entertainment options that are considered as the main life of the said resort operations. Hotels are mainly establishment who accommodates people who needs housing due to traveling reason and those who are searching for temporary residence. Since they establishments are known for

Business Ethics and Organizational Culture Essay

Business Ethics and Organizational Culture - Essay Example Organizational culture has an impact on the way in which an organization executes is vision and mission and affects the manner in which it deals with customers, employees and other third parties. It also determines some other critical aspects such as the level of involvement of employees in decision making process, innovation, contribution to new ideas as well as expression of opinion. The organizational culture also determines the hierarchy and the commitment that employees have towards to the organization. Organizational culture is often said to be one element that is most challenging to change or alter and hence, the way in which it gets shaped is very important (Cummings et al, 2004). Therefore, the way in which leadership of the organization paves and molds the development of culture is of critical importance. Enron and Organizational culture The Enron scandal which happened in early 2000s is one of the major scandals of corporate history where it came to light that the organiza tional leadership took advantage of certain loopholes in accounting and hence, did not show their losses and debts in their financial statements. As it was an accounting scam carried out purposely, the leadership Enron received major criticism on account of improper ethics as well as flawed organizational culture. Jeff Skilling (President) and Ken Lay, the CEO had intense focus on making huge profit and this compromised the ethics. To make this huge amount of profit, the employee reward system was changed to such a manner that compensation was totally based on the level of profit that an employee can produce and there were no caps on salaries. This resulted in an extremely competitive environment where dishonesty would be overlooked and profits were the only thing that mattered. The belief that making more money permeated through the organization in such a manner that it became a norm. According to Cruver (2003), it was clear to the employees that the leadership expected 'profit at all costs' from them. In addition, the focus was on short term bottom line which made the employees and traders even more aggressive towards making more money. Therefore, a culture was established where employees were hired and fired based on the profits that they bought to the organization. Enron Leadership and its responsibility in the Scandal As per Schein (1985), leadership is one aspect that causes the creation, reinforcement as well as change in the culture of the organization especially from an ethical perspective. The responsibility of the entire scam and the subsequent crisis lies with the leadership because the way in which the key executive players of the organizations such as Ken Lay and Jeff Skilling reshaped the culture determined this particular outcome. They adopted several strategies to make changes to the culture so that it centers around profit and money. One of the first strategies adopted by them was to shuffle their staff around and hence, giving pink slips to the employees based on performance became an accepted practice. However, as the employees were rewarded with a huge compensation for their performance, they cultivated a set of employees who were high performers, but who chose to ignore tenets of basic ethics. Hence, the entire culture of the organization underwent a transformation within a short period of time. As

This Years Underwater Madness Essay Example for Free

This Years Underwater Madness Essay The film chosen is called Shark Tale a story bout the little fish with a big dream. Actors Courtesy of DreamWorks This animated film created by Dream Works has chosen only the very best for such a film, featuring: * Will smith as the voice of Oscar in the film. * The award winning Robert De Niro with his strong role as the voice of Don Lino The don of the great white Sharks. * The Oscar winning Renà ©e Zellweger, here as the voice of Angie. * The beautiful Angelina as the voice of Lola. * Jack Black in his very comical role as the voice of Lenny. * Martin Scorsese as the voice of Sykes. The running time is 90 minutes (1hr 30mins). Certified PG (Parental Guidance) The cartoon images in Shark Tale are well presented, with the anthropomorphic fish taking on the facial characteristics of their voice actors. The Plot The film is about a fish with no money and high aspirations and all he wants to do is earn money and become famous, we see Will Smiths Oscar imagine himself on billboards and in movies because thats all he sees and when meeting a very beautiful fish Angelina Jolie named Lola his dreams become even more important because her interest in guys involves how heavy their wallet is. He carries this too far when placing a bet on a horse when he thinks a race is fixed, placing 5,000 clams (the underwater currency) he loses the bet and the person he owed money to has his hit man deal with him, before they can get to him sharks turn up, one being a vegetarian cant eat him, his brother son of the Don gets hit bye an anchor. My Personal Opinion I thought this film was very entertaining and quite comical it had a spark to it and was very good for the little children, they would adore a film like this one, especially it being released after Finding Nemo it gave it some competition though Finding Nemo did come out on top. Comedy even on the emotional parts all round good film must be watched and great for the family.

ICQ Essay -- Communication Technology Computers Essays

ICQ "Uh oh!" At the familiar, high-pitched voice, my head snaps up from the assignment I am completing half-heartedly and turns to my computer screen. My hand has already moved unconsciously towards the computer's mouse, even before my eyes even make contact with the screen. Sure enough, the sound indicated that a message awaits me, and I double-click on the flashing yellow icon in the bottom right corner of my screen. For almost an hour now, I have been engaged in this "conversation" over ICQ, an Internet-chat program, with a high school friend who currently attends another university. I am also chatting simultaneously with four other friends about separate topics. Ever since coming to college, ICQ and email have become my primary methods of keeping in contact with, leaving messages for, and having discussions with my friends. When I meet a person, the first means for establishing future contact is no longer "What is your phone number?" but rather, "What is your email address?" which is closely followed by "Do you have ICQ?" Electronic communication media are not only convenient, but they are economical and allow instantaneous contact. If I initiate an ICQ Chat with one of my friends, I can even save it as a file and replay the conversation with every detail, including the misspellings and corrections. Information technology has boomed in the last ten years or so. We seem to have landed in the middle of a completely networked world without quite knowing how we got there. Distance no longer inhibits communication, and we have become a world that is better connected. Or have we? My freshman year college roommate spent his entire freshman year ICQ-ing, IM-ing (i.e. Instant Messenger, America... ... Perhaps driving to the store, picking out groceries, and getting into an argument with the checkout person will do us more good than the half hour we save by grocery shopping through HomeRuns.com. A little over a week ago, when a virus wiped out my computer, I lost network access in my room. I dreaded the inconveniences I would face before getting my computer fixed. No more ICQ, no more instant email. For a two weeks now, I have needed to check my email in a friend's room, read a newspaper to find out the news and the weather instead of checking cnn.com, and make phone calls in order to locate people instead of ICQing them. As I evaluate these two Internet-less weeks, however, I find that I have had more intellectually stimulating conversations in this week than I have had in the previous month. Who knows? I may resist the desire to fix the connection.

Totalitarianism Soviet Stalin

To what extent was the Soviet Union a totalitarian state by 1939? The term ‘totalitarianism' emerged in the 1920s and '30s, to describe the dictatorial regimes which appeared at that time in Germany and the USSR. The Soviet Union was undoubtedly totalitarian by the late 1930s. However, Stalin's power was anything but absolute up until that time. It took the Great Terror, the cult of personality and two decades of political patronage to put him in a position where he could abandon the pretences of law and rule like a tsarist despot.According to the political scientist Carl Friedrich, a totalitarian regime is istinguished by the following characteristics: a powerful ideology, which promised the onset of a golden era; a single mass-based party, led by a charismatic dictator; a system of terror, built around a ruthless secret police force; and the centralised control of the economy, the mass media and the armed forces. Clearly, the Soviet Union shared all of these characteristics b y the late 1930s.As far as ideology was concerned, Marxism-Leninism offered a powerful and appealing vision for the nation: a society that was devoid of exploitation, and in which all men and women were qual. Of course, the reality in no way mirrored that vision, but this could be rationalised on the grounds that state control was necessary until capitalism had been vanquished elsewhere in the world. Marxism also offered a deterministic interpretation of history, in which all societies were moving towards socialism.Hence, dissidents (those who opposed the Stalinist vision) could be swept away on the grounds that they were standing in the way of history. Politically, the Soviet system had many characteristics of totalitarianism even before Stalin had consolidated his ule. Russia had become a one party state within a year of the Bolsheviks seizing power, and that party soon grew to have millions of members. With the outbreak of the civil war, the Cheka had been given the power to deal with enemies of the Revolution without the inconvenience of a trial.No one knows how many people were put to death in this way between 1918 and 1924, but it was at least 70,000 and possibly as many as a quarter ofa million. Even so, the Communist Party itself retained many democratic elements throughout the 1920s. Stalin needed the support f his colleagues to attain pre-eminence within the Politburo, and this dependence continued until the 1930s. Even as late as 1933, he was unable to persuade his colleagues to have dissident elements within the party put to death. Only two members of the Politburo (Molotov and Kaganovich) were willing to back him on this.Two others (Voroshilov and Kalinin) were reluctant to agree, while the rest (Kirov, Ordzhonikidze, Kossior, Kuibyshev and Rudzutak) were totally opposed. To obtain absolute power, Stalin needed to circumvent the traditional avenues of authority and resort directly to terror. Kirov's assassination gave him his chance. In 1936, he u nleashed a series of show trials, to discredit and eliminate his enemies within the Central Committee. In the first of these trials, in 1936, Stalin eliminated the so-called ‘Oppositionists' – those Old Bolsheviks who had tried to block his rise to power in the Os (men like Kamenev and Zinoviev).The second set ot trials, in 1937, was aimed at Stalin's own allies – those who had opposed him on issues such as collectivisation and the execution of party dissidents. Finally, in 1938, he eliminated the remaining members of Lenin's inner circle (men like Bukharin and Rykov). This was accompanied by a full-scale assault on every institution in the Soviet Union: the party, the army, the bureaucracy, the cultural organisations, the industrial enterprises, even the secret police. In all, 18 million people died during these purges.With his enemies dead, deported or terrorised into silence, Stalin now assumed the powers of a despot. As Alan Bullock has written, â€Å"Stalin felt strong enough to order the arrest of any of his colleagues without consultation or appeal to the Central Committee or anyone else – the classic definition of the tyrant's power. (Bullock: 525) However, fear was not the only factor underpinning Stalin's rule. Soviet totalitarianism was also characterised by the state's monopoly over economy, the mass media and the armed forces.As far as the economy was concerned, Stalin replaced NEP with a system of command socialism. Under this system, the state owned virtually all productive assets and ran the economy via central planning. Agricultural land was collectivised, and a series of Five Year Plans was introduced to facilitate industrialisation. Another area where the state enjoyed a monopoly was the media. There were over 10,000 newspapers in the country, and all were government owned or controlled. The regime also controlled the nation's cinemas and film production houses.

Ethical Issues of Health Care Essay - 2075 Words

Ethical issues in health care PHI 111:71 Tuesdays 5:25-7:55 Dr. Aronson November 2, 2008 Word Count: 1,993 An Ironic Reversal of Professional Perspective in Medical Ethics An Ironic Reversal of Professional Perspective in Medical Ethics The movie â€Å"The Doctor† captures the shortcomings of a mechanized health care industry. Dr. Jack McKee is a gifted, however, arrogant, and self centered surgeon who cares little about the emotional welfare of his patients; treating them with a callous attitude, and examining them as specimen. Out of the four models of physician/patient relationship, Dr. McKee exemplified the Paternalistic model, the least ideal model for physician/patient interactions. He makes decisions for the patient†¦show more content†¦It also goes against the requirement of a medical committee member to promote education regarding medical ethical matters and also to assess and provide patient care by demonstrating a respect for patient rights. However, despite Dr. McKeen’s callous attitude towards his patients, I believe he would follow the principle of beneficence, a supporting theory about the value of avoiding harm and helping others. Although he treated his patients in a lac kadaisical manner, he demonstrated his gifted surgical abilities with the ultimate goal to heal them. Even when he is diagnosed with cancer and scheduled to receive radiation therapy, he’s concerned about missing his scheduled surgeries and continues to go to work despite his sickness. In the beginning of the movie, Dr McKee was an egoist. Even though he performed the kind actions of operating on people and saving their lives, he was only acting in his own interest. He didn’t actually care about the patients. On his way walking into a scheduled operation, he stated â€Å"A surgeon’s job is to cut. Caring is all about time. I’d rather cut straight, and care less.† He believed he had a right to his own interest, which was to do his job, and care only about his interests, which is exactly how egoists think. Towards the end of the film, he turns intoShow MoreRelatedEthical Issues Of Health Care954 Words   |  4 PagesIntroduction: It is quiet common in health care profession that there is always clash between a patient’s family and health care personnel. It has been observed that few patients inevitably suffer from the consequences, that they made during the course of their care or when they are hospitalized. Many people, who need surgical procedure or diagnostic tests, are compelled to wait months, or in worst cases for few years. 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James Buchanan Was the Only President Who Never Married

There has never been an openly gay president of the United States, but some historians have argued that James Buchanan, the only president who never shared the White House with a first lady,  may have had feelings for a member of the same sex. The nations 15th president is the nations only bachelor president. Buchanan had been engaged to a woman named Ann Coleman long before he became president, but Coleman died before the two could wed. It would not have been unusual, nor would it have proved Buchanan not to have been gay, if they had married; history is filled with homosexual men who married straight women. Longtime Companions While he remained unmarried his entire life, Buchanan had a very close relationship with William Rufus De Vane King, a diplomat who served as U.S. senator and the nations 13th vice president—coincidentally, the only vice president never to have married. Buchanan and King lived together for more than two decades. It was a relatively common practice in the 1800s. Historians note, however, that the couple’s contemporaries in Washington reportedly described King as effeminate, calling him Miss Nancy and Buchanans better half. They also cite letters written by Buchanan about the man he described as his soul mate. After King left the United States to become the minister to France, Buchanan wrote to a friend: I am now solitary and alone, having no companion in the house with me. I have gone a wooing to several gentlemen, but have not succeeded with any one of them. I feel that it is not good for man to be alone; and should not be astonished to find myself married to some old maid who can nurse me when I am sick, provide good dinners for me when I am well, and not expect from me any very ardent or romantic affection. King showed his own affection for Buchanan at his departure by writing to him: I am selfish enough to hope you will not be able to procure an associate who will cause you to feel no regret at our separation. A Historian Makes His Claim James Loewen, a prominent American sociologist and historian,  has been outspoken in his claims that  Buchanan was the first gay president, writing in a 2012 essay: There can be no doubt that James Buchanan was gay, before, during, and after his four years in the White House. Moreover, the nation knew it, too—he was not far into the closet. Today, I know no historian who has studied the matter and thinks Buchanan was heterosexual. Loewen has argued that Buchanans homosexuality is not often discussed in modern times because Americans do not want to believe that society was more tolerant of gay relationships in the 19th century than they are now. Another Bachelor Candidate The closest the nation has come to having a bachelor president since  Buchanan was when Republican U.S. Sen. Lindsey Graham of South Carolina sought the partys presidential nomination in 2016. When asked who would be his first lady, Graham  said the position would be rotating. He also joked that his sister could play the role, if necessary. While Grover Cleveland entered the White House a bachelor in 1885, the 49-year-old was married a year later to 21-year-old Frances Folsom. The One and Only? Although it has long been rumored  that  Richard Nixon had a homosexual affair with his close friend Bebe Rebozo, Buchanan is still the most likely candidate for first, and only, gay American president. Thanks to his vocal support of gay marriage, President Barack Obama  did earn the title briefly, albeit symbolically, in a May 2012 Newsweek  magazine article, written by Andrew Sullivan. Tina Brown, editor-in-chief for Newsweek at the time, explained the term and the cover  photo  of Obama with a rainbow halo superimposed over his head by telling news site Politico, If  President Clinton  was the ‘first black president’ then Obama earns every stripe in that ‘gaylo’ with last week’s gay marriage proclamation.† In his article, Sullivan himself pointed out that the claim was not meant to be taken literally (Obama is married, with two daughters). Its obviously a play on Clinton being the first black president. I am aware that James Buchanan (and maybe Abraham Lincoln) have been in the Oval Office before.   Lincoln has come under speculation as well as having had gay or bisexual affections, but he did marry and father four children. He also was known to have courted women before his marriage to Mary Todd Lincoln. Sources Byers, Dylan. â€Å"Tina Brown Explains Obama Gaylo.†Ã‚  POLITICO, 14 May 2012. Sullivan, Andrew. â€Å"Andrew Sullivan on Barack Obamas Gay Marriage Evolution.†Ã‚  Newsweek, 15 May 2012.