Argumentative Essay - Thick Skin - 838 Words

THICK SKIN--------------------------------------------------------- â€Å"Do what you have to do, and send me to the main office.† â€Å"I don’t care,† said Alexander, a teenage student who I disciplined in the hallway. â€Å"No,† I said. â€Å"I’m not sending you out because, I believe you do care.† With God’s help, I flipped the script as I talked to Alexander. He seemed shocked by the positive reaction I spattered toward him. In fact, he expected me to write a note, and send him on his way. I realized how thick my skin was after I brushed-off Alexander’s disrespect. No, I don’t do that often, but I could sense his anger and his agonizing pain. I discovered many of my students came to school angry. In fact, they were†¦show more content†¦The class had just started. I reminded the students of the cell phone policy. This policy was not developed by me. The strict policy was created and enforced by the school’s district. While I taught, I noticed a student consistently using his cell phone, and I tried to discretely collect his property. My initial plan was to return the phone before class ended. The student kept holding on to his cell phone, and he would not let go. Most of the students let out an irrepressible laughter while I frantically paced around the classroom trying to locate the security button. I felt as if I were in a foreign land. Since then, I learned to know exactly where all security buttons are located prior to class. On that awkward and confusing day, I shifted from corner-to-corner. Finally, one of the students said, â€Å"Miss.† â€Å"Miss.† â€Å"The security button is over there.† When the security officer arrived, I gave him a vivid report of what happened. He disrespected my role in front of all the students. For instance, even though he took the phone (without any resistance from the student), the officer wore a proud smirk on his face and told the rebellious student to stop by his office. He said that he would return the student’s phone to him -- right after my class ended. Once the security officer left my classroom, the 10th grader looked at me and giggled. He added a disdainful remark: â€Å"Good enough for you.† InShow MoreRelated A Comparison of Charles Dickens and Jane Austen Essay2446 Words   |  10 PagesCharles Dickens and Jane Austen ADVANCED ENGLISH LANGUAGE ESSAY Of the many authors to emerge during the nineteenth-century, Charles Dickens and Jane Austen were among the few who would make a lasting impression on the literary world for generations. Hard Times, often referred to as Dickens’ ‘Industrial novel’ and Austen’s Pride and Prejudice have been much read and well-loved classics for many years. It is the purpose of this essay to compare and contrast the different worlds depicted inRead MoreLogical Reasoning189930 Words   |  760 Pagesown conclusion, then its your responsibility to give them reasons they can appreciate. Lets examine that last remark. A conclusion backed up by one or more reasons in any order is called an argument, even when the reasoner is not being argumentative or disagreeable. The word â€Å"argument† is a technical term we will be using frequently in this course. Being logical means, among other things, that you should give an argument to support your conclusion if you expect other people to accept itRead MoreIgbo Dictionary129408 Words   |  518 Pagesillustrated the meaning and use of words; the great majority of the examples are due to him. Their merit is that they are not translations from English, but natural Igbo sentences elicited only by the stimulus of the word they illustrate. The short essays which appear from time to time (e.g. under otà ¹tà ¹, à ²Ã¯â‚¬ ¤gbanÌ„je) on aspects of culture are also his work, as are the sketches which served as basis for the illustrations, a large number of new words, and various features of the arrangement. When he hadRead MoreDeveloping Management Skills404131 Words   |  1617 Pagessolvers and decision makers who prefer to deal with technical tasks and straightforward, prescribed problems rather than social or interpersonal issues. They excel at problems that have one correct answer. Multiple-choice exams are preferred over essay exams. Research has suggested that these individuals are incli ned toward careers in technology, engineering, and law. In college, students with a knowing style tend to major in the physical sciences, engineering, law, and computers. In business, they

Essay Choosing a Successor - 1259 Words

Choosing a Successor Choosing a Successor is the case about a 62-year-old administrator of the multispecialty Ambulatory Care Center named Paul. He has worked there for many years and is planning his retirement in a year. He is beginning the process of training a successor and has three possible internal candidates for the position. The Ambulatory Care Center is a medium-sized facility serving an average of 80 patients on a daily basis. There has been little growth over the past couple of years and there needs to be change in order for the Center to remain afloat. The Center has mainly served senior citizens, which is what the neighborhood around has been until now. The neighborhood is converting into more and more young families†¦show more content†¦Has done so on numerous occasions Weaknesses: * Caucasian * Not comfortable working with people of backgrounds different form her own * Married with 2 children and a busy life * Has never pursued her master’s degree * Rarely works past 5 p.m. * Puts in her 40Show MoreRelatedFamily Business1028 Words   |  5 Pagesis succession planning which is choosing the next successor for the business after the current successor retires or passed away. Choosing a successor is one of the biggest challenges and is often faced by family businesses in Malaysia. Choosing a successor is hard because there are many factors that need to be considered before delegating him or her to be the successor of the family business. The first factor is of course the capability of the potential successor, to see whether he or she is up toRead MoreSuccession Planning For The Nursing Leadership Essay1302 Words   |  6 PagesIt is essential for organizations to have a succession program in place when choosing potential candidates in times of leadership transition and or restructuring. Developing an adequate succession plan is also important in maintaining organizational stability. Succession planning is proactive and attempts to ensure the cont inuity of leadership by cultivating talent from within the organization through planned development activities. This report will present a succession planning process for theRead MoreGenghis Khan And The Mongol Empire Essay1578 Words   |  7 PagesHow do the Mongols stack up in importance and legacy to other empires you have studied this semester? 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Cost Management and Strategy free essay sample

They have now shifted their focus from RD costs to marketing and promotion costs. B. They have turned from a sole focus on manufacturing costs to a much wider outlook, taking into account costs from the entire product life-cycle. C. They stopped looking at the entire life-cycle, and now focus their attention on product design costs. D. Accountants dont use life-cycle costing, that task is left for the operations manager. 19. The Institute of Management Accountants standards of ethical conduct for management accountants includes the elements of: A. Competence, confidentiality, integrity, and relevance. B. Competence, confidentiality, integrity, and credibility. C. Competence, confidentiality, independence, and objectivity. D. Competence, accuracy, integrity, and independence. 1-5 Chapter 01 Cost Management and Strategy 20. The five steps for strategic decision making include all of the following except: A. Identify the alternative actions B. Gather, summarize, and report accounting information C. Determine the strategic issues surrounding the problem D. Choose and implement the desired alternative E. Provide an ongoing evaluation of the effectiveness of implementation 21. Which of the following is not considered part of the Institute of Management Accountants definition of management accounting? A. Partnering in management decision making. B. Devising planning and performance management systems. C. Gathering, summarizing, analyzing, and providing information. D. Providing expertise in financial reporting and control. E. Assisting management in the formulation and implementation of an organizations strategy. 22. Which of the following professional certificates is considered to be the most relevant for dealing with cost management issues? A. The CPA, which is monitored differently for each state in the U. S. B. The CMA, which is administered through the Institute of Management Accountants. C. The CFA, since its program focuses on the broadest range of topics and responsibilities for financial analysis. D. The CPA, CMA, and CFA are viewed as equally relevant, since all three require an exam, as well as specific background and experience requirements. 23. According to the IMA Code of Ethics, what should a management accountant do if a significant ethical situation cant be resolved? A. The accountant should confront the guilty party and demand the unethical action be stopped. B. The accountant should try to rationalize and understand the position of the other party. C. The accountant should say nothing about the matter until he or she has retired. D. The accountant should first discuss the matter with the immediate supervisor. 1-6 Chapter 01 Cost Management and Strategy 24. Which of the following aspects of the contemporary business environment involves using statistical methods such as regression or correlation analysis to predict consumer behavior, to measure customer satisfaction, or to develop models for setting prices, among other uses? A. Business Intelligence B. Target Costing C. Life Cycle Costing D. Benchmarking E. Business Process Improvement 25. Which of the following is not a major change in the business environment that has affected the way many companies think about conducting business? A. An increased focus on the customer, especially their opinions about functionality and quality. B. A growing emphasis on globalization new markets for products and new competitors. C. A larger number of companies are starting to use advanced information technologies, such as business intelligence. D. The development of improved cost management methods. 26. Which of the following is the primary user of management accounting information regarding business units? A. Company management. B. Investors. C. Creditors. D. Industry and governmental organizations. 27. Management accounting information plays a critical role in all of the following management functions except: A. Profit planning. B. Executive compensation. C. Planning and decision making. D. Hiring a new CFO. E. Preparing financial statements for the SEC. 1-7 Chapter 01 Cost Management and Strategy 28. Corporate management is required to identify and solve problems from a cross-functional view. Instead of viewing a problem as related to a specific business function, management solves these problems by combining skills from different functions simultaneously. This approach is called: A. Inclusive approach. B. Integrative approach. C. Intra-function approach. D. Multilateral approach. 29. JCH Company conducts business in the lumber and building products industry. Last week, JCH purchased 50 railcars of lumber from a mill in Oregon and sold all 50 to a Home Depot store in North Carolina. In this instance, JCH Company would most likely be classified as a: A. Manufacturer. B. Retailer. C. Warehouse. D. Wholesaler. 30. RTP Corp. is developing a new computer processor to compete against Intels successful product line. RTP has already determined the market price and the required profit margin on each processor sold in order to be successful. Which costing method will RTP most likely use to reduce costs and obtain the desired results? A. Target Costing. B. Product costing. C. Relevant costing. D. Cost management. E. Life cycle costing. 31. Non-financial measures of operations include all the following except: A. Stock price. B. Product quality. C. Customer satisfaction. D. Market share. E. Growth opportunities. 1-8 Chapter 01 Cost Management and Strategy 32. Under the Sarbanes-Oxley Act of 2002, the Public Company Accounting Oversight Board (PCAOB) established rules relating to the preparation of audit reports in which of the following areas? A. External auditing. B. Production quality control. C. Executive compensation. D. Hiring and firing practices. 33. With the enactment of the Sarbanes-Oxley Act of 2002, all public companies are now required by the SEC to disclose whether or not the company has: A. An audit committee. B. Human resources guidelines. C. A code of ethics. D. A management compensation plan. 34. The national sales manager for your company has pulled you aside and asked you to prepare an invoice for one of the companys largest clients before the end of the fiscal year which ends this month. This invoice will include items that have not yet been shipped and are not planned for shipment until after this fiscal year. What should you do in this situation? A. Invoice the client as asked by the national sales manager. B. Invoice the client since this is consistent with past transactions near fiscal year-end. C. Contact the client and notify them that credit terms are being extended on this invoice since the goods have not been shipped. D. Discuss this situation with your supervisor. 35. All of the following actions enhance the new focus on making management accounting information more relevant in helping a firm achieve strategic goals, except: A. Increasing emphasis on the management accountant as a business partner. B. Increasing emphasis on external financial reporting. C. Decreasing emphasis on financial statement inventory cost valuation. D. Increasing emphasis on timely and useful information. E. Increasing emphasis on detailed and accurate costing methods such as ABC costing. 1-9 Chapter 01 Cost Management and Strategy 36. The competitive strategy of cost leadership allows a firm to outperform competitors by producing products or services: A. With lowered quality standards, thus reducing overall costs. B. In smaller operational units. C. At lower cost achieved by increased productivity. D. With attractive added features making the product more expensive, or the cost leader. E. That are heavily promoted and heavily warranted. 37. The competitive strategy of differentiation requires that a product or service must be: A. Always readily available. B. Price competitive. C. Produced at the lowest possible cost. D. Unique in some important way, in terms of features, innovation, service or quality. E. Marketed in different ways to different groups. 38. The competitive strategy of differentiation is implemented by a firms targeted, careful attention to a(n): A. Specific feature of the product or service. B. High efficiency level of production. C. Broad possible market. D. Aggressive competitive pricing plan. 39. Which of the following most accurately describes what is included in cost management information? A. Only the most up-to-date, accurate financial information available on a firm. B. All the non-financial information about a firm researched and analyzed for a minimum of 2 years. C. A combination of financial cost information and relevant non-financial information. D. A detailed report outlining how management currently handles all of a companys costs, and the changes it intends to make in the future. 1-10 Chapter 01 Cost Management and Strategy 40. Many automobile and consumer electronics industries have firms which ompete using a strategy of: A. Professionalism. B. Growth. C. Cost Leadership. D. ABC costing. E. Target Costing. 41. A potential weakness of the cost leadership strategy is: A. Cutting costs in a way that causes the firm to grow too fast. B. Deleting key features of products or services. C. Lowering productivity to ensure lower costs. D. Increasing life cycle costs. E. I ncreasing prices temporarily to undermine competition. 42. Which of the following is not a benefit of using a lean manufacturing system? A. Lead times are reduced. B. Average inventory is decreased. C. Productivity is improved. D. Production operations are linked in a smooth, uninterrupted flow. E. Products, on average, have less variety. 43. Which of the following aspect of a contemporary management technique is a framework and process that organizations use to manage the occurrence of possible events that could negatively or positively affect the companys competitiveness and success? A. Total quality management B. Lean accounting C. The theory of constraints D. Enterprise sustainability E. Enterprise risk management 1-11 Chapter 01 Cost Management and Strategy 44. Which of the following formulas best reflects target costing? A. Target cost = Firm-determined price Desired profit. B. Target cost = Market-determined price Desired profit. C. Target cost = Firm-determined price Desired revenue. D. Target cost = Market-determined price Desired revenue. E. Target cost = Firm-determined price Market-determined price. 45. A large company has recently been experiencing larger than normal inventories. Management would like to implement a lean manufacturing system to help control the companys inventories. Which of the following is not a benefit associated with a lean manufacturing system? A. Reduced inventories. B. Existing problems such as bottlenecks are highlighted. C. Stronger supplier relationships. D. Decreased waste. E. Better product design. 46. Which area(s) of a business can be improved by using a just-in-time (JIT) system? A. Production, purchasing, and delivery. B. Production only. C. Purchasing only. D. Production and purchasing only. E. A just-in-time system can be used to improve any area of a business. 47. Which of the following aspects of a contemporary management technique requires a balancing of multiple goals? A. Target costing. B. The balanced scorecard. C. Benchmarking. D. Business process improvement. E. Enterprise sustainability. 1-12 Chapter 01 Cost Management and Strategy 48. The competitive strategy in which the firm succeeds by producing at the lowest cost in the industry is termed: A. Differentiation. B. Cost advantage. C. Price strategy. D. Cost leadership. E. Resource-based strategy. 49. The competitive strategy in which the firm succeeds by developing and maintaining a unique value for the product, as perceived by the customer, is termed: A. Differentiation. B. Specialization advantage. C. Design strategy. D. Benchmarking.

The Federal Trade Commission Act

Introduction There are several policies that have been critical to the advancement of a favorable trading environment in the United States. A lot of things surround the policy right from its formulation to its implementation, thereby affecting how the policy plays out in meeting its intended objectives.Advertising We will write a custom research paper sample on The Federal Trade Commission Act specifically for you for only $16.05 $11/page Learn More In order to understand the nature of policy and its its implications on the economy, one must be able to trace the policy goals, which are reflected in the activities that are undertaken as part of the implementation of the policy. This is what is referred to as public policy analysis. As one of the leading countries in international commerce, the regulation of the trading environment in the USA was critical. Therefore, it is worthwhile to say that the country needs to ensure that there is a stable internal b usiness environment, which paves way for external competitiveness in trade. One of the areas that have been given attention for a long time is the regulation of trade in the United States. This has been done through the development and enforcement of trade policies that have governed commerce till the contemporary times. The Federal Trade Commission Act is considered to be one of the critical legislations that have aided to regulate commerce in the United States. As a policy, the Federal Trade Commission Act has undergone several amendments in the course of its applicability. The changes that have been made to the Act have been geared towards making it efficient to capture the emerging needs and demands in trade in the United States and beyond. This paper explores the Federal Trade Commission Act of the United States. The paper carries out an analytical evaluation of the act in order to develop a bigger picture of the policy and how it has been relevant in the country. The paper car ries both a description and analysis of the Act. The paper begins by bringing out the history of the Act. This is followed by an analysis and evaluation of the key areas of the Act. History of the Act The Federal Trade Commission Act can be traced back to the early years of the 20th century. These are the times when the United States, under the leadership of the then President Woodrow Wilson, was working hard to gain a strong economic footing. The Act was formulated in the year 1914, and through amendments it has remained vital in the country. The Act became a law in the same year in which it was formulated. The Act spearheaded the establishment of the Federal Trade Commission. Prior to the establishment of this body, there was a lot of fragmentation of trading activities that denoted the absence of order, which is vital for molding business for the benefit of the country.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Federal Trade Commission was meant to be a body to help in moderating the trading environment in the country. The issue trusts in the US economy had resulted in a lot of unethical practices, particularly the large business corporations in the United States. Therefore, a political intervention was highly desired to help put a hold to the issue of trusts in order to promote a fair trading environment in the country. Under the authority of the United States Congress, the commission was to help issue orders to make the large companies to desist from advancing business practices that were deemed unfair to other business companies in the United States. Also, the Act was meant to shield consumers from exploitation by the big companies. The exploitation emanated from the engagement of the companies in deceptive activities (Herbert, 2010, p. 871). It is critical to observe that the Federal Trade Commission Act has resulted in the formulation of oth er business driven statutes in order to enforce a number of business regulations. The statutes are formulated by the United States Congress and grouped under the Code of Federal Regulations. This legislation was developed basing on the Sheraman Act. The Sherman Act is one of the trade regulation policies of the United States that restricted the anticompetitive conduct by business corporations in the United States. As of today, it has been observed that the FTC Act has given FTC powers to enforce numerous consumer protection and antitrust laws in the United States. The FTC is still undergoing changes as its operations broaden in order to capture the issues that emerge in the contemporary market. Prescription of the Act Understanding the FTC Act According to Northrup (2003, p. 179), the operation of the FTC Act is strongly founded in the operations of the Federal Trade Commission. The Federal Trade Commission is headed by a chairperson and commissioners. Both the commissioners and the chairperson of the FTC are appointed by the US president with the approval of the US Senate. The commission is comprised of five commissioners. The observation that the FTC Act was to eliminate unfair competition implies that it encompassed business torts, rather than the complete suppression of uncompetitive business practices in the US business environment. Business torts refer to the embrace of deceptive practices and conduct that adds a burden to the consumers (Blaisdell, 2008, p. 37). Large firms in the US were accused of adopting a tendency of monopolizing the business environment. It should also noted that the act did not only focus on the larger firms that tend to monopolize business, but also the smaller companies that advance their operations by way of riding freely on the investments that are made by other firms in the market. Under the Act, the FTC has powers to implement the provisions of the Clayton Act. The Clayton Act is one of the most comprehensive policies on reg ulation of competition.Advertising We will write a custom research paper sample on The Federal Trade Commission Act specifically for you for only $16.05 $11/page Learn More The Clayton Act has provisions within it, which bars the development of anticompetitive agreements, price discrimination, mergers, and exclusive dealings (Herbert, 2010, p. 872). In its operation, as prescribed by the Act, the FTC is bestowed with the mandate of scrutinizing the business corporations in the United States, in order to ensure that they comply with the antitrust laws. The commission also intervenes in cases where business activities show signs of affecting consumers (Northrup, 2003, p. 178). Blaisdell (2008, p. 259) ascertained that the FTC has the explicit statutory powers to put the antitrust provision into practice. However, these powers are founded on the Sherman Act. Therefore, the importance of integrating the diverse business Acts is explicated here, where the li mitations of a given company to enforce certain laws is drawn away by the provisions in a different Act. The issue of deception features in all kinds of business practices, like marketing and advertisement. The enforcement of the FTC Act has resulted in a substantial number of litigations with several corporations. These cases come out of the pressures that are put on companies by the virtue of the enforcement of the laws on unfair competition and deceptive business practices. It should be noted that the Act has been prone to several amendments, out of the need to make it workable and the need to eliminate certain components that make it inefficient. The elaboration of terms has also been a critical factor in the changes that have been made to the Act. The policy goal of the act has been to promote ethical practices in the market by curtailing false advertisements by business firms and the fixing of exploitative prices on goods and services (Northrup, 2003, p. 179). The FTC Act and market failure There have been a lot of issues surrounding the enforcement of the FTC Act. Most of the issues have been noted by the Commission. They revolve around the question of elimination deception and policy advancement on the elimination of deceptive practices by firms. The issue of liberal markets further complicates the applicability of the anticompetitive provisions in the Act. The FTC has noted that there is a strong and integrated link between advertising and the establishment of free markets. Therefore, the mere fact that the act advances a policy that restricts the nature of advertising by firms through the anti-deception provision is argued to be against the principle of market liberalization. Most marketing theories opine that consumers have a right to get any information concerning the goods or services that are offered by any given company in the market. The reason behind this argument is that the more information that is received by customers concerning a give pro duct or a service, the more they are bound to make informed choices of products in the market. The purchasing choices, which are made by the consumers, are often bound to satisfy their needs.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, several issues surround the process of advertising, which is the reason why the FTC Act is critical in the prevention of market failure. Advertising impacts negatively on market performance when firms utilize it to pass fraudulent or deceptive messages that induce reasonable customers to peg their purchasing choices on the fraudulent messages (Azcuenaga, 1997, p. 1). The operation of the free market is a complex affair, and so is the need for policies to help instilling controls to the practices within the market to encourage the sustenance of the market. The United States embraces a free market system. However, this does not imply the lack of control in marketing procedures and practices. The controls are critical in that they help in the protection of both the consumers and business firms from any misdeeds in market operations. One of the key elements in free market operation is the ability of the market to generate and subsequently process the large volumes of informatio n, which is featured in the operations of the modern market. The large volumes of information in the modern market center on output and costs of production, the interconnection between producers and suppliers and the incomes and tastes of consumers in the market. The ability of any market to promote the effective discharge and utilization of market information resonates from the availability of decentralized decision making channels. Decentralization of marketing practices is possible in the presence of polices that promote the synthesis of market information and the promotion of rational choices by the consumers. The FTC Act is one of the policy pillars behind the enhancement of fair practices in the liberalized US markets (Azcuenaga, 1997, p. 1). Implementation of the FTC Act The Federal Trade Commerce Act was implemented right from the time it was developed. The agency that has been charged with the responsibility of implementing the Act is the Federal Trade Commission. With seve ral provisions, the implementation of the provisions in the Act has been taking place on a continuous basis. Whenever there is an itchy issue, the need for the amendment of the provisions in the Act is raised. It is vital to observe that the implementation of the Act is monitored by the US Senate, which is one of the bodies that scrutinizes and vets the proposed amendments to the Act. Several issues have emerged in the course of the enforcement of the Act. Most of these issues come from the new developments in the business realm, which requires the Federal Trade Commission to revisit the provisions in the Act. This forces the commission to induce changes and even in some cases induce a number of Caps in the main Act. An example is the CAN-SPAM Act (Definitions and implementation under the CAN-SPAM Act, 2008, p. 1). Impact of FTC Act on business and society The impacts of any given policy are pegged on the goals and objectives of the policy. The Federal Trade Commission Act is one of the most vocal trade policies in the United States since most of its goals have been met. It can, therefore, be said that the FTC Act has had a great impact in as far as the support of a fair trading environment that is considerate of the consumer is concerned. One of the key goals of the FTC Act has been to promote a fair trustworthy trading environment. Through the implementation of Section 5, which largely touches on the regulatory mechanisms of the banking corporations in the United States, the amount of trust in the banking institutions in the United States has risen. It is important to highlight the relevance of this development to the economy of the United States. The confidence in the banking institutions plays the role of attracting investment in the economy, thereby promoting economic growth and development. The confidence only comes when citizens, as well as other corporations are assured of favorable terms of interests that are well rationalized to reflect the state of the economy. The FTC, under the policy of fair competition and the protection of consumers, ensures that the rates of interests that are set by banking institutions are reached by factoring in all the possible risks in the economy. An example that comes up here is the manner in which the FTC has captured the changing trends in consumer trends amidst the emergence of the social media as one of the tools of marketing (Peter, 2011, p. 165). Scott (1997, p. 963) observed that the other profound impact of the policy is that it has aided in creating an environment where the consumers are highly enlightened on their rights in the market. Consumer protection has been one of the main roosts of the policy. The approach that is utilized by the Federal Trade Commission makes the policy goals more clear to the consumers. It has been noted that the Commission takes an active approach, which applauds the issues within the policy to the consumers, as well as business corporations in the United Stat es. Even with the changes in the international market operations, consumers in the United States are assured of protection from exploitation. Policy Analysis As mentioned earlier, the main goal of the Federal Trade Commission Act has been to promote a fair competitive business environment in the United States. One main question that ought to be posed here is whether there is a fairly competitive business environment in the United States. This is the basis on which the workability of the FTC Act can be determined. Just like other trading policies, it can be argued that the FTC Act has remained to be critical in the regulation of the US markets, having prevailed for about one hundred years. Its long existence can be taken as an indicator of the fulfillment of the goals that guided its development, proving its workability. It should be noted that the Act has existed from the year 1914 to date. The analysis of the US markets since that time up to today denotes great changes to the US ma rkets. Therefore, the implication is that the Act has spearheaded the growth of consumer awareness and the subsequent enhancement of ethical standards in market practices, which has resulted in fair competition in the market. Nonetheless, it is vital to note that the FTC has often been subjected to criticisms by business corporations, which accuse the Commission for narrowing their competitive space (Northrup, 2003, p, 180). Strengths and Weaknesses of the The Trade Commission Act One of the vital areas of the policy has been the development of policies that govern the competitive operation of different business institutions in the US. Among these institutions are banks. The main question is whether the regulation of competitive practices in the US banking sector has been attained. The competitive environment in the banking sector is often measured by the amount of trust of the customers in the services and information that is offered by the banks. Under Section 5 of the FTC Act, it is apparent that the Federal Trade Commission developed standards that are used for guiding the activities of banks, thereby encouraging the suppression of deceptive practices by banks. The policy on banking, as brought about in the FTC Act, has forced banks to disclose their activities; for instance the parameters that are utilized in the calculation of interests. This is referred as compliance risk evaluation, where the release of all products and services of the banks are subjected to the policy to ensure that they are not deceptive to the consumers (Salinger, 2005, p. 312). It can be said with certainty that the level confidence of customers in the US banking sector has been highly promoted by the virtue of the functioning of the FTC. This is considered to be one of the strengths of the FTC Act. The FTC has been given powers to issue ‘cease-and-desist’ orders on any institution that fails to comply with the regulations on deception and fair competition. The Federal Trade Commission has also been given powers to implement policies and regulations that feature in a substantial number of other legislations (Salinger, 2005, p. 312). However, the weakness of the policy can be traced in the recent economic developments, where the state gives preference to a number of business organizations. In such a situation, the government backs the operations of a number of economic institutions that are considered to be critical in the economy. An example that can be given here is the application of the ‘too big to fail’ slogan amidst the impacts of the recent global economic recession. Under such circumstances, the regulatory power of the Act was demeaned (Devlin, 2011, p. 560). One of the main strengths of policies is the nature of their expansiveness, which serves as a determination of the amount of influence that it has on the society. There are arguments that the FTC functions can be equated to a social movement. The Commission termed merges as sources of problems in business and by extension a problem in the society. Having taken a vibrant approach in meeting the goals that it was intended to meet, it is easy for the activities of the Commission to be recognized. The Commission set a clear political agenda that was critical in the enforcement of the economic policy goals, which are being pursued (Luchansky Gerber, 1993, p. 217). Recommendations for future policy makers Implementation of policies is termed as a complex affair since it requires both the direct and indirect participation of different stakeholders, including the agencies that are targeted by the policy measures. As has been observed in the enforcement of the Federal Trade Commission Act, there is need to pay attention to certain critical areas within the cycle of implementing a policy. There is need to publicize a policy prior to its enforcement. This is a critical step since it helps in ensuring that all the contents of the policy are understood by the society. There was a problem of definition and use of the terms in the FTC Act, leading to a number of disputes. It is important to clearly define the terms and to simplify the specific statutes within a given policy in order to avoid misunderstandings, which often interferes with the effective enforcement of policy. The second point that should be given attention by policy makers concerns the broadening of the scope of the policy. This entails the opening of the scope of the policy so that it effectively links up and gets support from other policies. By doing so, the policy gets a stronger supportive ground, making it easy for policy enforcers to attain the goals of the policy in the society. The FTC Act was easily intertwined with other policies and even allowed to borrow from other policies in order to strengthen its enforcement ground. The other critical point in the development and enforcement of policy is that the policy makers are required to give room for making changes to t he policy. This is a desired step as it aids in the absorption of changes in the policy, which are critical to the consideration of the emerging factors in the environment in which the policy is being enforced. One of the observations made in the analysis of the FTC Act is that the Act has been subjected to numerous amendments in order to make it responsive to the emergent situations in the US market. References Azcuenaga, M. L. (1997). The role of advertising and advertising regulation in the free Market. Web. Blaisdell, T. C. (2008). The Federal Trade Commission: An experiment in the control of business. Clark, NJ: Lawbook Exchange. Definitions and implementation under the CAN-SPAM Act. (2008). Federal Information News Dispatch, Inc. Web. Devlin, A. (2011). Antitrust in an era of market failure. Harvard Journal of Law Public Policy, 33(2), 560-66. Herbert, H. (2010). The Federal Trade Commission and the Sherman Act. Florida Law Review, 62(4), 871. Luchansky, B., Gerber, J. (19 93). Constructing state autonomy: The Federal Trade Commission and the Celler-Kefauver Act. Sociological Perspectives, 36(3), 217-240. Northrup, C. C. (2003). The American economy: A historical encyclopedia. Santa Barbara, CA: ABC-CLIO. Peter, T. (2011). Subverting new media for profit: how online social media ‘black markets’ violate section 5 of the Federal Trade Commission Act. Hastings Science Technology Law Journal, 3(1), 165. Salinger, L. M. (2005). Encyclopedia of white-collar corporate crime. Thousand Oaks, CA: Sage Publications. Scott, C. (1997). Technology and competition come to telecommunications: Re-examining exemptions to the Federal Trade Commission Act. Administrative Law Review, 49(4), 963-970. This research paper on The Federal Trade Commission Act was written and submitted by user Branson Irwin 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. 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John Deere Steel Plow Essay Example

John Deere Steel Plow Essay Example John Deere Steel Plow Paper John Deere Steel Plow Paper We chose our topic, the Cast-Steel Plow by John Deere because we all live or have lived on a farm in some period of time and found it would be interesting topic to learn more about the cast-steel plow. We thought that since we have used some type of plow we wanted to know more about it and how it was invented. We found most of our research in books like John Deere’s Company: A History of John Deere And Company and its times, also John Deere Tractors and Equipment. We have contacted John Deere’s Company in Illinois, Living History Farms in Urbandale, and Pomery Living History Farms in Washington. Also more information from Deere. com, and also facts from our American History books. How we chose our presentation category was how all three of us were more familiar with creating good boards and thought that if we could all think about our topic together so we could get a lot more information about our topic, and wanted to come up with a good idea for our board. Our project relates to the NHD theme because the steel plow was a meaningful product to farmers of the 1800s. The John Deere Steel Plow changed history forever since the land was much too rich. The Cast-Iron Plow could only go for a couple of feet and then the farmers would have to scrape off the sod. The steel plow made it easier for the farmers of the 1800s to push and also farmers could plow more acreage then a cast-iron plow. The John Deere cast-steel plow impacted the farmers back in the 1800s and it affects us now in farming. It makes everything easier, now then it has ever before.

Apush Frq Outlines

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