...integrating in it the changing market conditions. If we look at the conduct when it happened the situation did not seem like violation of ethical conduct. Back than when AIG was making big profits no one realized the post effect of the failure of these complex securities and AIG was one of the preferred investments due to performance of its financial product unit. It was more like a bad business judgments than ethical violation. In reference to investigations Key instrument in creating the financial crisis were the credit default swaps which were unregulated and presented no direct legal regulatory risk to any parties involved. Investigating AIG means digging out the entire financial crisis. The interrelation of the whole financial system with...
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...controversial and sensitive disclosures for companies to communicate to investors. How your company handles these disclosures can make a strong statement to investors about your company’s transparency. The history of insider transaction disclosure on the Web illustrates companies’ sensitivity and reluctance to provide this information to investors. For years, regulators such as the U.S. Securities and Exchange Commission (SEC) tried to improve transparency around insider trading only to be blocked by heavy corporate lobbying. Eventually, it took massive corporate scandals and collapses in 2001 for the tide to turn against the business lobby. Finally, the SEC introduced rules forcing all U.S. companies to provide access to their insider transaction filings on their corporate websites starting in June 2003. The SEC also dramatically shortened the deadline for insiders to make their filings and made significant improvements to the EDGAR database to accommodate electronic insider reporting. Under the old rules executives had up to 41 days to file reports with the SEC. With the new rules, however, insiders have to file reports by the end of the second business day following the day on which the transaction is executed. Significant geographic differences in insider disclosure Regulators in several countries have followed the SEC’s lead, but with varying levels of effectiveness because most lack a central electronic repository like EDGAR. Consequently, insider transaction reporting......
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...the benefit and growth of any organization. Internal control can be the life or the death of any business format and as such always be taken seriously. I understand the need to minimize spending in any organization, but without proper internal control any organization will be limiting their self to sure failure. It is highly recommended that wherever there is weak control in an organization no manor of expense should be speared in fixing this issue. With the advent of going public is your companies desire there are a few guidelines to follow, the Sarbanes Oxley Act of 2002 gives the guideline of what to follow when considering Control and the requirements of going public. There are also SEC regulations to be met along with NASDAQ asking along with The New York Stock Exchange (NYSE). “The SEC requires public companies to reveal sometimes sensitive information when they go public and on an ongoing basis in required filings. Such information may include data about products, customers, customer contracts, or management that a private company would not have to reveal. For instance, if you want to list your company's stock on the New York Stock Exchange (NYSE), you will generally need a total of $10 million in pre-tax earnings over the last three years, and a minimum of at least $2 million in each of the two most recent years. The NASDAQ Global Select Market requires pre-tax earnings of more than $11 million in the aggregate in the prior three fiscal years and more than......
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...a NAS is like a WIFI version of an external hard drive. Though, if needing more room, you can add another to the one you already have. What is the speed of the network adapter available on a NAS device? NAS device doesn’t require much processing power. The largest bottleneck in performance will most likely be the network itself. Most home networks will use wired fast Ethernet (100 Megabits/sec), wired gigabit Ethernet (1000 Megabits/sec), wireless g (54 Megabits/sec), or wireless n (248 Megabits/second). What is the capacity range? Depending on the type and volume of content you plan to store, there's a choice of capacities available all the way up to huge multiple TB (Terabyte) versions. A 160GB capacity for example would be enough storage for around 40,000 average audio tracks or up to 200 hours of video content. If you'll be using your NAS device to store masses of content, including High Definition content, or indeed backing up multiple user's PCs, you'll need a bigger capacity. Is there any fault tolerance (such as RAID) build into a NAS device? In general, a RAID-enabled system uses two or more hard disks to improve the performance or provide some level of fault tolerance for a machine—typically a NAS or server. Fault tolerance simply...
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...Innovation Strategy A corporation’s innovation strategy is an important factor for viability and success of that organization. “In a discontinuous world, strategy innovation is the key to wealth creation” (Mintzberg, Lampel, Quinn, & Ghoshal, 2003, p. 471). It is a way for new entrants to succeed in the face of adversity and a way for incumbents to reinvent their products for success. This paper evaluates Microsoft Corporation’s innovation strategy as it related to its product and also evaluates the strategy as a measure of the company’s success. Company background and SEC filings Founded in 1975, incorporated in 1981 and with an initial public offering in 1986, the Microsoft Corporation mainly focuses on developing software products and services for their customers. There are five divisions of Microsoft: Windows and Windows Live Division, which creates operating systems for PCs; Server and Tools that develops server infrastructure and software; Online Services Division that focuses on easing consumer concerns and simplifying searches with Bing; Microsoft Business Division, which sustains the Microsoft Office Suite; and the Entertainment and Devices Division with products such as the Xbox360 and Kinect. Microsoft operates in more than 100 countries around the world, with sales growth attributed to creative design of new products and services. Their main competitors are Apple, Google, Yahoo, Adobe, Nintendo, IBM, and HP. With that level of competition, Microsoft is......
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...When doing a ping scan it came back with: 262 sec. scanned 256 host(s) scanned 21 host(s) online 235 host(s) offline on Corporation Techs Network Infrastructure. The Active host are in green and offline hosts are in Red. The Protocols used in the network are TCP/IP stands for Transmission Control Protocol/Internet Protocol, which is a set of networking protocols that allows two or more computers to communicate. The Services being used by Corp Tech Management Domain on the internet is a group of computers networked through some form of networking. When on the internet, this is defined by an ip. address. Kerberos –sec is intended to provide secure authentication over insecure networks such as the Internet. Further, Kerberos provides for mutual authentication, each party can be assured of the identity of the other Msrpc (Microsoft Remote Procedure Call) on WinXP is IPv6 enabled Netbios- ssn NetBIOS (Network Basic Input/Output System) is a program that allows applications on different computers to communicate within a local area network (LAN). (cont.) Other Services being used are Idap - Lightweight Directory Access Protocol which means an application protocol for accessing and maintaining distributed directory information services over an Internet Protocol (IP) network. Microsoft –ds Microsoft Directory Services This port replaces the notorious Windows NetBIOS trio (ports 137-139), for all versions of Windows after NT, as the preferred port for......
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...June 30, 1999 common belief: was that the investigation involved the company’s deferral of revenue and other undisclosed reserve accounts . >1986 (going public) financial performance: no extraordinary. Revenue: 43% per year (In every quarter never >15%) & operating income: 49% per year. Net income: increased from the same quarter in the prior year. 1999, June: cash and short-term investments: $17 billion; assets $37 billion; book value of equity $28 billion. Overall: stable growth 1986 - mid 1999. For software developers: 2 KEY AREAS in which the standards at the time allowed flexibility: software development costs and revenue recognition Microsoft: conservative method of reporting. Software Development Costs GAAP: software development costs: must conform to Statement of Financial Accounting Standards (SFAS) No. 86, Accounting for the Costs of Computer Software to Be Sold, Leased, or Otherwise Marketed. The Financial Accounting Standards Board (FASB) issued the Statement in 1985 as a response to industry concerns that treating software development costs in a similar fashion to research and development costs (i.e., expensed as incurred) led to a severe mis-matching of costs and related revenue. The Statement BERLAKU UNTUK: developed software & purchased software. Isi Statement: costs incurred internally in creating a computer software product, shall be charged to expense when incurred as research and development until technological feasibility (kemungkinan) has...
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... F 9. F 10. F Review Question 1. All of the editions are included on a single DVD disk. The operating system setup program determines which edition to install from the product key you enter during the installation process. 2. ReadyBoost – Windows Vista and Windows 7 enables a computer to utilize an external storage device as a cache for data that would ordinarily be swapped to a (slower) hard disk. In Windows 7 version of ReadyBoost enhances the system’s caching capability by supporting larger caches on as many as eight external devices simultaneously. Lesson 2 Knowledge Assessment Fill in the Blank 1. Side by side, and wipe and load 2. Window RE (window Recovery Environment) 3. Easy transfer or User State migration tool 4. 72 Hours 5. Floppy Disk 6. MUI Multi Language User Interface 7. RAM Disk 8. Clean Install 9. User Profile Folders 10. Networking and NTFS True/False 1. F 2. F 3. T 4. T 5. T 6. F 7. F 8. T 9. F 10. F Review Question 1. a. Native 32-bit and 64-bit support. (Enables the computer to address memory just as the full Windows 7 operating system does.) MS-DOS is a 16-bit OS and is relatively limited in its memory addressing capabilities. b. Internal NTFS Support. (Supports both NTFS and FAT file systems) MS-DOS supports FAT file system. 2. a. Side-by-side migration - Uses a USB cable or network media to transfer files directly from the old......
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...Military Information Systems Assignment 4 SEC 305 ~ Computer Security July 27, 2014 Attack on a military information system This section provides the details about attack on a military information system. Here, hackers had attacked on military information system which can reinforce the conventional military operations and many forms of information welfare. The critical military information systems are supposed to design with sufficient security and redundancy to defeat such attacks. Hackers had attacked the satellite communications, directed energy weapons and missile defense from U.S military agencies. The military information systems are having the phone services and other technologies which are hacked by hackers in illegal way. The purpose of attacking military information systems by hackers is to extract the secret information from military information systems. The attacking hackers can consider the possible effects and causes when stealing and gathering military information illegally (Neil C. Rowe, 2004). For example, the main way of hackers is to attack the military information systems by making problems in regulating the power control telecommunications and power distribution in military. The ability of hackers is to attack the computing designs of military information systems in order to knockout the power and communication of military information systems. When attacking the military information systems, the hackers had considered the events and incidents......
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...List of Major IT Companies in Chandigarh IT Companies In Chandigarh Major IT Companies in Chandigarh: Infosys Technologies Limited IBM Daksh Net Solutions ICICI Prudential (for Software Development) Onicra QA Infotech Winshuttle Taurus Agile eSys Technologies Limited A1 Tehcnology IndiWork Software Solutions Private Limited Netgains Network Solution Promatics Information Services Soft Solutions Systeam UniSolsInfosyatems Voicepack Infotech Private Limited Boss Computers Chandigarh Infotech Centre Drish Infotech Inde-Dutch System India Seasia Consulting Surya Infonet SmartData The other IT companies that is going to come up soon at Chandigarh are: Wipro Technologies Limited Alchemist Limited Amadeus Bebo Technologies Limited FCS Software Solutions Limited IDS Infotech Limited Karin Informatics Services Limited KMG Infotech Private Limited Microtek International Private Limited Net Smartz Net Solutions RT Outsourcing Services Limited Infosys Chandigarh STPI DLF Building, Plot No 2, Rajiv Gandhi Chandigarh Technology Park, Kishangarh, Chandigarh -160101 IBM Global Process Services DLF Building No. 8, Tower B4th Floor,DLF Cyber City, DLF Phase IIGurgaon - 122002,India Net Solutions 1st Floor Tower C, DLF Infocity Rajiv Gandhi Chandigarh Technology Park Chandigarh UT 160101 India QA InfoTech Pvt. Ltd. Chandigarh Tower C, IIIrd Floor, DLF IT......
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...A Progressive Zuckerberg The world today is always changing, moving forward to the future. In the past 20 years many things have evolved from the common computer to the internet. In the essay, “American Value System,” Richard Rieke and Malcolm Sillars present six different value systems. Puritan-Pioneer-Peasant are righteousness, thrifty, hard workers, and dependable. Enlightenment Value System believes in freedom, nature, democracy, individualism and knowledge. Humanitarian, intuition, truth, sympathetic, love and friendship are values of Transcendental Value System. Characters from family, economic security, career, and health represent the Personal Success Value System. Traits that stand out in the Collectivist Value System are cooperation, joint action, social good and unity. Mark Zuckerberg created the famous social media website Facebook, while he was attending Harvard University. Always improving, changing, evolving towards a scientific future is the Progressive Value System that Mark Zuckerberg falls into. Others may think that he may fall in the Personal Success Value System but he doesn’t show the qualities of family, affection, and fair play. Zuckerberg is a Progressive rather than Personal Value System because he is always moving Facebook forward trying to make it more efficient and user friendly rather than care about his career, family and friends. Zuckerberg improved the online social media network and took online networking to new heights. Facebook wasn’t...
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...Introduction Siloso Beach Resort is Singapore’s first eco certified hotel that aims to provide guests with a memorable hospitality serviced as well as prioritizing the preservation of the environment. This report will analyze the service delivery system (SDS) of Siloso Beach Report. In addition, a brief background of the resort will be provided and the identified key features of the SDS will be included. In particular, the scope of this report will discuss about the appropriateness of the current SDS that had been observed in terms of its strengths and weaknesses and also the specified areas for improvement. Background of Siloso Beach Resort Sitting at the heart of Singapore’s hippest beach, Siloso Beach Resort was built with the goal of preserving the environment right from the design to the construction stage. The resort is family-owned hotel with 200 rooms including 12 villas and more than 60 employees. The resort has been awarded the TUV Rheinland certification as an eco-hotel, the top achiever for Singapore Environmental Achievement Awards 2010 and it was also the first hotel to be certified under Singapore SEC eco-hotel scheme. Upon arrival at the resort, it is obvious that preservation of the environment is its main objective. Over 200 of the original on-site trees were preserved, with more than 450 more planted additionally. The resort is only 28% covered terrain and 72% open air. This is to minimize the use of electricity. Furthermore, the resort has the only......
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...Individual Paper- Week 2 Abstract This article will discuss unethical business research; it will demonstrate the effects of using fraudulent information in the stock market. It will tell the effects on the organization as well as the individual. It will indicate the sentence imposed in regards to committing Business fraud. The (SEC) U.S. Securities and Exchange Commission reported that Martha Stewart did on 27 Dec 2001 receive private information from an employee at Merrill Lynch. This information was used to save her from taking a loss in the stock market. Based on this private information She sold her shares in the ImClone System. By selling all her shares she was able to save $45,673 dollars. It was reported that the day after she sold her stocks the stock market value for ImClone fell 16%. The back lash from this illegal action came to light in the following months. Stewarts reputation suffered. The media had a field day with the information that she had received unpublicized information from her broker at Merrill Lynch. There were several articles headlining this information i.e. Newsweek had a cover indicating “Martha’s Mess”. She went on CBS and was literally grilled by Jane Clayson anchor at that time. During this time she was serving on the New York Stock Exchange as one of the board of directors. As of October of 2002, She had held that position for only......
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...Johnson ACC/340 April 21, 2014 Judy Thomas The Effects of Technology on the Accounting Profession Accounting Information Systems are defined as a collection of data and processing procedures that create needed information for its users, and exists at the intersection of two important disciplines: (1) accounting and (2) information systems (Bagarnoff, 2008, pg. 1). Knowing and understanding accounting information systems will allow accountants to possess a level of proficiency from using computers and the specialized software required to prepare the necessary financial statements. This paper will describe how information systems are changing the various aspects of the accounting profession. A description of the variety of new technologies and their effect on the accounting process will be also being discussed. Lastly the paper will discuss how these technologies have changed the way tax accounting is performed at Jackson Hewitt. Information systems are changing the various aspects of the accounting profession because it has eliminated the need to create and store enormous stacks of paperwork that has to be kept track of for financial reporting. The effect of accounting technology has been positive for accountants and firms, resulting in financial reports that are constructed faster and contain fewer errors. Information systems are used by accounting firms and departments to store and transmit their information used in financial......
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...Business Course Code: BUS 503 Sec: -- Submitted To: --------------------- Lecturer, MBA Program, BRAC University Submitted By: S. N. S. Date of Submission: 14/08/2013 Case 2.1: Strategy for Competing with Microsoft: Fight or Flight? Question-1: Was it ethical for Microsoft to force users of its Windows operating system to use its internet browsers as well by bundling the programs together and preventing PC manufacturers from making other software available to computer buyers? Was Microsoft’s behavior toward its rivals ethical? Why or why not? Answer: By bundling its internet browser and other programs together Microsoft was forcing its buyers to use their browser Internet Explorer and other programs like Windows Media Player. It was also preventing other PC manufacturers from making similar software which the users could have used as a better alternative to the Microsoft software. As the programs were bundled together, the users were forced to pay for the software they didn’t want to use and they were not allowed to choose other software though they were better alternative than the Microsoft programs, some of these programs were open source and free of cost.As we know that consumers have four types of right and under “The Right to Choose” users should have the right to choose any program they want, not the internet browser of Windows operating system. So it was unethical for Microsoft to force users of its Windows operating system to use its internet......
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