Friday, February 28, 2020
Respond to the article Malware in Hack Linked to Russian, WSJ, January Essay
Respond to the article Malware in Hack Linked to Russian, WSJ, January 23, 2014 - Essay Example He never wanted to use the code to enrich himself, but rather help to find a solution. The only problem is that the code fell into the wrong hands and was used inappropriately. If the companies had bought the virus, then they would have prevented the harm they suffered. Therefore, what Mr. Shabaev did was not unethical. Another situation that involved hacking happened when five men, were charged for stealing credit cards summing up to $300 million (Coleman 23). The five collaborated to enter into top companies systems such as J.C. Penney Co, JetBlue Airways Corp, NASDAQ, French retailer Carrefour SA and Visa Inc. licensee (Coleman 23). The five are said to have stolen at least 160 payment card numbers which in turn resulted to the loss of about $300 million. The five went for so long unnoticed by simply disabling their victim’s antiviruses and hiding their loot on multiple hacking programs making them invisible (Coleman 24). This cybercrime is deemed the biggest ever, in the United States, and it affected so many companies. The cost they had to incur to update and repair their security systems and the number of credit cards they had to replace really dug into their finances. Some were even bankrupt. This truly illustrates the consequences that can result from cybercrimes. The loss of custome rs is another problem they had to face, they feared for the safety of their life long savings and opted to seek more secure and theft proof investment platforms. The Shabaev virus has really dented the image of TARGET as a trustworthy investment partner. It no longer attracts customers and the ones it had do not feel save in it, therefore, decide to move elsewhere. TARGET also had to spend about $30 million mostly to replace the cards that were affected. The breach also scared away TARGET’S customers leading to decline in its share price by 20%, and also decreasing its profit as compared to the previous year. All these problems
Wednesday, February 12, 2020
American Flatbread Case Study Example | Topics and Well Written Essays - 500 words
American Flatbread - Case Study Example The mission statement indicates that the value of the business is customer satisfaction and employee safety. George Schenk owns the American flatbread company and values community service based on healthy food as well as environmentally friendly workplace. Besides, he values quality and integrity achieved by perfecting simple menus that appeal to families and other pizza lovers. Schenk has been able to bring his own vision concerning food through making a popular American flatbread sold both locally and to other states. Making clean and healthy food has seen his efforts appreciated nationally. Also providing support to the community through hosting regular benefit bakes. Father, he expanded the facility to a wholesale and retail outlets and involves himself in the daily operations of making a stable food model which is reorganized worldwide. American flatbread supports business practices, which are socially responsible through participation in community organizations other than buying local products as much as possible. Occasionally, American flatbread holds meetings that are aimed at raising funds to benefit the community and giving attention to individuals who deserve it (Craig 1). The needy are also considered by the company as they are able to have free flatbreads. Educating children about food through accommodating class trips to enable them make their own pizza. Small business owners should be close with their employees in their communities to enable mutual understanding and fairness that is beneficial in a two way. This also enables a peaceful coexistence of the business and the community members. The benefits associated with franchising a business includes building a vision that is shared and helping in stimulating deeper conversations with the entire community through purchasing and sharing of benefits from the business. The small business franchises may also benefit directly through showcasing already
Friday, January 31, 2020
Market and Bank Financial Lending Systems Essay
Market and Bank Financial Lending Systems - Essay Example Banks, however, may no longer be the most reliable and best way to go about getting these loans though. Credit unions and privately held financial groups are beginning to make a huge emergence. We will analyze why this is happening and the differences between the lending structure of banks and private groups. Issues dealing with private reputation to company advertising, as well as government regulations on loaning will also be touched upon. A lot has changed and a new wave of economic development is slowly building up. Before we can begin to fully analyze the differences between the two economic structures, we must begin to learn a bit of history between the two methods. Banks have been one of the most popular methods of savings and lines of credit. Although, all of this has changed slightly since the Great Depression. During the Great Depression was one of the best examples of a bank run. A bank run is when people hear that a certain bank or institution is going to fail and all immediately head towards the bank or institution to withdraw all of their assets as quickly as possible. Of course, this created huge problems and created a time of economic disparity. However, since then, many regulations and organizations have been developed to prevent this from happening once again. The FDIC currently has the assets to insure any account within nearly any qualifying bank account up to the first $100,000. In this way, if something were to happen, the government would simply match the person's lost assets up to the first $100,000. This has helped to rebuild the trust between the common man and the banking system. But this is only the checking and savings side of the story. A lot of faith has been lost and for good reason in the banking system for credit. Even application processes have become long, tedious, and often uneventful when trying to receive a loan from a bank. And if you fail to receive a loan, it is marked against your credit score, which makes it more difficult in the future to attempt to get a loan. Government regulations are rather relaxed on the banks for their credit loaning. However, banks generally dislike entering into any high risk or highly volatile loan agreements. As such, it has become increasingly difficult for businesses and regular people to receive loans from banks 1. Processes must be backed by the banks assets, and although many banks have a large amount of assets, many just cannot compete with the assets of some large corporation who hold private financing groups. Not to mention that banks benefit less from issuing loans out to people and businesses. Sure they can extract a high interest rate and make a lot of money, but it one of the primary methods for a bank to earn its money, so it doesn't help any other factors other than to solely improve the cash-flow of a bank. There are several benefits for private firms to issue loans out to people though. Another problem with banks in recent years have been banks knowledge of how weak people have become to their regulations. Your credit score can now rule who you are, and people will do anything it takes to maintain this. In consequence to this, however, many banks have begun methods of "predatory loaning" where they offer an initial interest rate and set amount which must be
Thursday, January 23, 2020
Dc Machine :: essays research papers
2a. i) Startup of a linear DC machine: Startup of a linear DC machine: (See Fig 1.1)      1.     The switch is closed which allows current to flow. The current flows thought the bar, which is given Kirhhoff’s voltage law. Note: The bar was at rest so eind = 0 I = VB-eind = VB/R                R R                     2.     While this current flows thu the there is a magnetic force, which induce a force on the wires. Find = i/B 3. The bar will accelerate. When the the velocity of the bar increase, the voltage appears across the bar find = vBl 4. Thus the increase voltage reduces the current flowing through the bar.                               I = VB-eind                     R 5. The result of this action is that eventually the bar will reach a constant steady state speed where the net force on the bar is zero. This happen when eind has risen all the way up to equal the voltage of VB & I=0. At that time the bar will be moving at a speed given by                               Vss= VB                Bl      6. The bar will continue to move forever unless some external force disturbs it. Linear DC Motor or Generator ii) Motor Operation (See Fig 1.2) Since the bar was initially at steady state, application of the force Fload motion will result in a force on the bar in the direction opposite the direction of motion.           Fnet = Fload – Find The resulting acceleration a = Fed/m is negative, so the bar slows down the voltage eind=v Bl falls, and so I=(VB – eind)/R increase The induced force Find = I lB increase until Find = Fload at a lower speed v. An amount of electrical power equal to eindi is now being converted to mechanical power equal to Findv and and the machine is acting as a motor iii) Generator Operation (See Fig 1.2) The concept of a generator is similar to the motor. When (Fig 1.2) moved rapidly it is a generator but when it move slowly it a motor. In a Generator a force is applied in direction of motion. Now the applied force will cause the bar to accelerate in the direction of motion and the velocity of the bar will increase as the velocity increase , eind = v Bl will increase and will be larger than the battery voltage VB.
Wednesday, January 15, 2020
Independent and depentent variables of psychology Essay
* Independent variable – The variable that is manipulated to test its effects on the dependent variable. * Dependent variable – The variable that is measured to see how it is changed by manipulations in the independent variable. Scenarios 1 Coach Jones has noticed that her players tend to shoot a higher percentage from the free throw line when they play away, rather than at home. Surprised at this trend, she and her assistants decide to test this by comparing free-throw percentages over the course of a year. a Independent variable- Playing at away vs. home b Dependent variable- Free throws 2 Mr. Feldman has noticed the students in his high school Biology class tend to do better on tests taken on Friday, rather than tests taken on Monday. He decides to test the hypotheses. a Independent variable- Testing date b Dependent variable- Testing scores 3 John, Wendy, and Sean, all avid fishermen, have noticed that they always seem to catch more fish when it is raining outside. They decide to test the hypotheses. a Independent variable-The rainy weather b Dependent variable- The chance of catching more fish 4 Tony has designed a study to determine if alcohol really inhibits one’s ability to drive a car. a Independent variable- Alcohol b Dependent variable- Ability to drive 5 Does eating spinach really make you stronger? a Independent variable – Spinach b Dependent variable- Strength 6 Does staying physically fit increase your chances of living longer? a Independent variable- Fitness. b Dependent variable- Longer life. 7 Does taking classes in college really make you smarter? a Independent variable- College b Dependent variable- Intelligence 8 Is it true that animals that listen to classical music make happier pets? a Independent variable- Classical music b Dependent variable- Happy pets 9 Hypothesis: The taller a person is, the more likely they are to enjoy chocolate ice cream. a Independent variable- Being Tall b Dependent variable- Chocolate ice cream. 10 Hypothesis: The more a student attends class, the better they do on exam grades. a Independent variable- Attendance b Dependent variable- Higher exam score 11 Does peer pressure negatively affect teenagers attendance in school? a Independent variable- Peer pressure b Dependent variable- Poor attendance 12. A researcher wants to know whether eating chocolate makes people nervous. a.Independent variable- Consuming chocolate c Dependent variable- Nervousness 13. A researcher wants to know whether feeling nervous makes people eat chocolate. a. Independent variable- Nervousness b. Dependent variable- Consuming chocolate 14. Professor Marshall wants to know if eating sweets for a bedtime snack makes children active. a. Independent variable- Sweets b. Dependent variable- More active at bedtime 15. A researcher plans to investigate whether a cup of hot milk at night helps people relax so that they fall asleep quickly. a. Independent variable- Cup of hot milk b Dependent variable- relax and sleepiness 16. Gabrielle conducted a small experiment examining the effects of music on time perception. She had three groups of subjects. Group 1 was exposed to classical music, group 2 was exposed to contemporary rock and the third group received no music. a. Independent variable- Music i.e.; classical & contemporary rock & silence b. Dependent variable- Perception of time. 17 A study was done on the effects of punishment on self-esteem. a. Independent variable-Punishment b. Dependent variable- Self-esteem
Tuesday, January 7, 2020
Orphan Train By Christina Baker Kline - 1301 Words
Ferratt 1 Cole Ferratt Mrs. Montgomery Honors Humanities: period 2 5 September 2017 Orphan Train Essay Rough Draft Christina Baker Kline’s novel Orphan Train follows the the paths of two very similar women who are separated only by age. One of the main characters, Molly Ayer, is a seventeen-year-old high school student who has been assigned to yet another unwanted foster home. After attempting to steal a book from the local library, Molly has to help an elderly woman clean out her attic to avoid having to go to juvenile detention. The elderly woman, Vivian Daly, is the other protagonist in the story and has a past that is very similar to Molly’s. Vivian, known as Niamh Power when she was young, immigrated to America with her family from†¦show more content†¦After being reunited with Dutchy, Vivian once again has a person who understands and cares about her past and her future. â€Å"‘I can’t believe I found you,’ he tells me over and over, and I can’t believe it either. It’s as if a piece of my past has come to life, and with it all the feelings I fought to keep down--my grief at losing so much, at having no one to tell, at keeping so much hidden. Dutchy was there. He knows who I was. I don’t have to pretend†(Kline 238). Soon after Vivian and Duchy are married, Dutchy is recruited to join the military and fight in World War 2. After Dutchy leaves to start his training, Vivian returns to not acknowledging her feelings as much as she should. Instead she’s more involved in Dutchy’s feelings and well being than her own. You can tell by the way she writes letters to him that all she cares about is him coming home safely. â€Å"I puzzle over the onion-skin, trying to spill my heart onto the page. But I can only come up with the same words, in the same order, and hope the depth of feeling beneath them gives them weight and substance. I love you. I miss you. Be careful. Be safe†(Kline 243). Unfortunately, later on in the story Vivian receives the news that Dutchy was killed in a plane crash and that she would never see him again. After hearing this news,Show MoreRelatedThe Orphan Train By Christina Baker Kline1890 Words  | 8 PagesEdmond Loga EN-102 Prof. Red-Waldeyer May 7th, 2015 â€Å"Orphan Train†â€Å"Orphan Train†is a gripping story of second chance and companionships from author Christina Baker Kline. A life of loneliness and hardships bring a distressed seventeen year old girl, Molly Ayer, looking for acceptance in the world she can’t seem to escape and a ninety-one year old woman, Vivian. With a secret past that they have both yet to discover, they have more in common than just organizing the attic. Molly is on probationRead MoreOrphan Train : A Historical Fiction Novel Written By Christina Baker Kline1120 Words  | 5 Pages Orphan Train, a historical fiction novel written by Christina Baker Kline, focuses on the lives of two very different people that have very similar backgrounds. Along with writing and editing many novels, Kline has taught multiple literature-based classes, such as poetry and non-fiction writing. Out of all of her fiction pieces, Orphan Train is the first of which that is based off of historic events and the real stories her mothe r-in-laws’ father told. Kline is very active in organizations thatRead MoreRelationship Between Vivian And Molly1125 Words  | 5 Pagesto be made clear. By the time all is uncovered, the likenesses shared between Vivian and Molly far outweigh any disparities. In examining the relationship between Vivian and Molly, a perfect balance is struck in Orphan Train by Christina Baker Kline. In Orphan Train, Christina Baker Kline weaves a strong friendship between two characters, Vivian and Molly, despite a lengthy list of differences. The most blatant contrast, and the root cause of many other differences, is age and the separate eras bothRead MoreSummary Of Molly Ayer 1010 Words  | 5 PagesMolly soon learns how closely related her and Vivian’s lives are related. Vivian and her family came from Ireland to New York in 1926 in hopes for a better future, but after a fire kills Vivian’s family she is put on an Orphan Train to Minnesota in order to find a new family. The train has 19 other children hoping for brighter futures, including a boy named Dutchy who Vivian strikes up a friendship with. Vivian is soon adopted by the Byrnes who call her Dorothy. Once the Great Depression struck though
Monday, December 30, 2019
Debt Policy at Ust Essay - 1230 Words
Debt Policy at UST Inc. 1. What are the primary business risks associated with UST Inc.? What are the attributes of UST Inc.? Evaluate from the viewpoint of a bondholder. (Your answer should be more qualitative than quantitative!) The following factors weave into the risks and attributes of the company from the creditors’ point of view: A. UST had seven pending health related lawsuits at the end of 1998. The outcomes of these suits are uncertain. Despite the major Medicaid state settlements, lawmakers are expected to continue to push for new laws to combat youth tobacco use. Other litigation against tobacco companies is expected to continue, especially suits filed by individuals. This uncertain litigation and legislative†¦show more content†¦Now they want to be more aggressively levered since the chance of bankruptcy is rather low. B. Presumably, the company managers are also shareholders. The recapitalization helps to decrease the total shares outstanding, thus increases the relative percentage owning of the remaining shareholders. Consequently, the insiders will have more weights on the voting of the major policies of the company. Since the value players form a major competing force with UST, in the foreseeable future, UST might choose to lower the price of its products. But his is not in the favor of the stockholders who are looking for short-term income as opposed to long term capital gain. In order for such decisions to pass, the management team has to upgrade their own weights by buying back some of the outstanding stocks through issuing debt. C. UST wants to signal to shareholders that it still commits to provide generous dividend returns. By issuing more debt and repurchasing stock shares, UST can increase the upfront stock dividend paid to shareholders (Note that whether UST can maintain its dividend policy is the issue discussed in question 4). Although this will not affect the decision of rational investor because by increasing its leverage the investment is also riskier, the higher dividend will appeal to irrational investors and quick cash seekers. 3. Should UST Inc. undertake the $1 billionShow MoreRelatedDebt Policy at Ust641 Words  | 3 PagesDebt Policy at UST The primary business risk facing UST in 1998 was that the U.S. tobacco industry itself was facing an uncertain future characterized by legal challenges, declining volumes, marketing restrictions, increased taxes, heavy discounting and consolidation. The U.S. smokeless tobacco industry also was transitioning away from the Premium Market and growing through the Price Value Market at a rate of 9%. Bondholders face very little investment risk given UST’s high interest coverage ratioRead MoreDebt Policy at Ust Inc.1263 Words  | 6 Pagesmanufacturer in the moist smokeless tobacco industry, UST Inc. has long been recognized by its ability to generate high profit using low financial leverage. With a dominant market share of 77%, the company maintains a pricing power that allows it to institute annual price increases without losing costumers. However, UST’s market share was eroded significantly in recent years by price-value competitors who enter the market with lower prices. Although UST responded to these threat by introducing new productsRead MoreDebt Policy at Ust Inc.2208 Words  | 9 PagesDebt policy at UST inc. Case To: UST Board of Directors From: UST Financial analysis team Date: 18 January 2011 Subject: Future debt policy at UST and recapitalization option 1. Analysis of UST business current and future environment UST operates in the smokeless Tobacco industry, a market with 2 B$ of revenues, which grew at a CAGR of 3.7% over the past 17 years, but more recently experienced a decrease in growth rate, dropping to 2.9% in 1997 and 1.2% in 1998. In this market, USTRead MoreCase study: Debt Policy at UST Inc.1853 Words  | 8 PagesFIN 5204 MANAGING CORPORATE CAPITAL INVESTMENT AND CAPITAL STRUCTURE FALL 2007 DEBT POLICY AT UST INC. 1. WHAT ARE THE PRIMARY BUSINESS RISKS ASSOCIATED WITH UST INC.? WHAT ARE THE ATTRIBUTES OF UST INC.? EVALUATE FROM THE VIEWPOINT OF THE BONDHOLDER. Over the years, UST has been a dominant producer in the tobacco industry, specifically the moist tobacco industry. Even though the past strategy with UST has entailed raising the prices of its products on a regular basis, the company still showsRead MoreCase Study on Ust1692 Words  | 7 Pages1. What are the primary business risks associated with UST Inc.? What are the attributes of UST Inc.? Evaluate from the viewpoint of credit analyst or bond holder. UST Inc. is a smokeless tobacco company with a long tradition and a recognizable brand name. A strong brand name can have lots of associations with high quality, revenues, soundness, growth, etc. But, this is one of the characteristics that can be like two edged sward. On one side, company with long tradition is expected toRead MoreUST Case Solution Essay1320 Words  | 6 Pagesconsidered. Required debt rate and pro forma income statement Risk determinants Credit rating agencies take a wide range of factors – debt raising purpose, industry outlook, corporate profile and financial measures into account when performing corporate bond rating service. Debt is raised to repurchase shares rather than the normal case of capturing expansion opportunities to strengthen cash flow. This is not going to be regarded favorable to debt holders since the debt coverage ability in termsRead MoreUst Case Solution1383 Words  | 6 Pagesconsidered. Required debt rate and pro forma income statement Risk determinants Credit rating agencies take a wide range of factors – debt raising purpose, industry outlook, corporate profile and financial measures into account when performing corporate bond rating service. Debt is raised to repurchase shares rather than the normal case of capturing expansion opportunities to strengthen cash flow. This is not going to be regarded favorable to debt holders since the debt coverage ability in termsRead MoreFinancial Industry1865 Words  | 8 PagesDebt Policy at UST Case Questions Group members: Wei-Ting Liao; Cong Ren; Gerald Nyiti; Beidan Wang 1- ) Give a brief summary of the company background UST Inc. is a smokeless tobacco company which enjoyed a long tradition and a recognizable brand name. It is the leading producer of moist smokeless tobacco products and widely known for its conservative debt policy and uninterrupted cash dividend payout since 1912. The company is the major player in U.S. smokeless tobacco market. For example,Read MoreUst Inc2284 Words  | 10 PagesDebt Policy at UST, Inc. Introduction In 1998 the U.S smokeless tobacco industry generated $2 billion of retail revenue with approximately 5 million consumers of moist tobacco and 7 million consumers of chewing tobacco including loose leaf, twist, plug and dry. Moist smokeless tobacco consumption approximated 50% of the total. The factors contributing to the continuous growth of the moist smokeless tobacco was the increased prevalence of smoking bans which had led customers to switch to smokelessRead MoreUst Case Study2113 Words  | 9 Pages| Group Assignment 1 | UST Case Study | 2/19/2013 | | | | Question 1: In order to calculate the impact of the leverage recapitalization on UST’s value, we used the WACC and APV methods to calculate its value before and after the recapitalization. WACC Method Using the WACC method, we first derived UST’s return on assets (rA). Since we are given the firm’s market capitalization, debt and cash, we calculated the current Enterprive Value of UST. We were then able to derive
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