Fraud As White Collar Crimes - 1581 Words

Abstract: We are hearing at least one scam per day on every corners of the globe, these days making scam or fraud is not a big task but the consequences after that are horrible, it effects many individuals lifestyle and even sometimes cost life of human beings Earlier Scams are restricted to some fields but now they are taking place in every field at any incidence of time. Scams are creating a doubt for us whether to believe to business, corporate companies and even our neighbours. These days corporate scandals are increased in frequency and severity, we are even believe them and guess the effects of them, we can call corporate scam as white-collar crimes . The scams like Enron, WorldCom, Satyam and Augusta helicopter scams are few examples of biggest frauds in the last two decades. If we go in depth with Satyam computers scam that occurred in 2009, we will know what the fraud is, they manipulated their accounting details for seven years in order to show their company is more powerful than what it was in actual by cheating their employees, stakeholders, vendors, clients and everyone. This scam left us questions about security, law and governance and how importance they are in our everyday life, this scam created a doubt on Indian companies in the world market. Introduction: What is Scam? Scam/ fraud can be described as doing things illegally and which are not ethical, which are not good for organisation and society by effecting everyone connecting to thatShow MoreRelatedFraud : A White Collar Crime That Is Victimless992 Words   |  4 PagesEmbezzlement seems to be a white collar crime that is victimless. However, when monies are embezzled from a non profit it affects all those involved especially those benefitting from the work of the nonprofit organization. I thought of our local community nonprofit arts foundation. They not only produce a full slate of shows each season, but also provide classes in painting, sculpting, drawing, acting, music, and dance. If they were defrauded in the amount of $93,000 it would affect educationalRead MoreLiterature Review on Fraud/White Collar Crime, Organizations, and Individuals1801 Words   |  8 PagesFraud and white-collar crime are common forms of crimes that people commit in various aspects and positions in the corporat e world. Fraud and white-collar crimes have similar meaning as they refer to the non-violent crimes that people commit with the basic objective of gaining money using illegal means. The cases of white-collar crimes have been increasing exponentially in the 21st century due to the advent of technology because fraudsters apply technological tools in cheating, swindling, embezzlingRead MoreThe Globalization of White Collar Crimes: An Inside Look of How Fraud, Embezzlement, Cybercrime, Identity Theft and Forgery Are Increasing World-Wide794 Words   |  4 PagesThe Globalization of White Collar Crimes: An Inside Look of How Fraud, Embezzlement, Cybercrime, Identity Theft and Forgery Are Increasing World-Wide In this paper I will examine some of the aspects of white collar crimes such as: fraud, embezzlement, cybercrimes, identity theft and forgery. I will explain what each of these are pertaining to criminal justice and how they relate to one another. And I will conclude by how each of these topics are growing into global problems. According to Criminal-Law-Lawyer-SourceRead MoreThe And White Collar Crime897 Words   |  4 Pages1. Literature Review Crimes have been occurring in our society for many years and recently the occurrence of non-violent crimes has increased dramatically. Traditional and white collar crimes have two traits in common, an objective and a modus operandi, but the major difference is that a white collar criminal has a plan and also the ability, knowledge and technology to execute it (Nevis, 2012). White-collar crimes can occur at any occupational level and affects all parts of society, from big businessesRead MoreStreet Crime And White Collar Crimes766 Words   |  4 Pageseconomic crimes goes up as well. Either it’s the street crimes or the white-collar crimes/corporate crimes but which of is a wide spread crime. Street crime and white-collar crimes affect the people negatively. You would be hurting yourself and others. Even though, street crimes are more violent then the white-collar. White collar effect you devastating you finacially and emotionally. Street crimes are more generally physical effect. White-collar crimes have financial issue and street crime have safetyRead MoreWhite Collar And Other Crimes And Their Penalties1420 Words   |  6 PagesRunning head: White Collar Crime WHITE COLLAR AND OTHER CRIMES AND THEIR PENALTIES. Ken Jaeger Intro to Criminal Justice CRJ 100 Mr. Sexton September 5, 2014 Abstract This paper will discuss the many various aspects of White Collar Crime. It will show how whether White Collar crime differs from other types of crime. It will show how to justify white collar crimes compared to all types of other crimes committed. It will show how and why White collar criminals receive more lenient penaltiesRead MoreThe Various Aspects Of White Collar Crime1123 Words   |  5 PagesWhite Collar Crime Ken Jaeger Intro to Criminal Justice CRJ 100 Mr. Sexton September 5, 2014 Abstract This paper will discuss the many various aspects of White Collar Crime. It will show how whether White Collar crime differs from other types of crime. It will show how to justify white collar crimes compared to all types of other crimes committed. It will show how and why White collar criminals receive more lenient penalties then criminals who commit crimes such as murder, robbery, vandalismRead MoreTypes of White Collar Crime686 Words   |  3 PagesName Tutor Course Title Date Submitted Types of White Collar Crime: There are different types of criminal offenses since a criminal act can be regarded as a specific type of offense based on the nature of crime. The various types of criminal activities have developed to become more than a single problem to nearly all criminal justice systems across the globe. The main reason for the divergent classification of criminal activities is because they occur in different settings and are conductedRead MoreEssay about The Invincible Criminal1400 Words   |  6 PagesImagine losing your retirement funds or being a victim of a mortgage fraud because money from your bank account disappeared overnight! The 1996 report of the National Criminal Justice Commission estimated that the annual cost of white-collar crime is between $130 billion and $472 billion, seven to twenty-five times greater than the cost of conventional or street crime (Conklin, 2010, P. 71). White-collar crime in America is considered larceny committed by the wealthy, respected, and legitimate enterpriseRead MoreThe White Collar Crime By Edwin Sutherland1604 Words   |  7 PagesSutherland coined the term ‘white-collar crime’ and defined it as â€Å"crime committed by a person of respectability and high social status in the course of his occupation.† (Black, 2010). While Sutherland focused on the perpetrator and his/her characteristics and roles in committing the crime, there were flaws within this definition in that it would not endure the progression of white-collar crime. By focusing on the individual and paying more attention to the actual crime, criminologist and scientist

A Short Note On Red Bull Energy Drink - 810 Words

Product description: Red Bull can be called as a pioneer in the energy drink category worldwide. In India too, Red Bull was the brand that created the energy drink category. The brand came into existence in 1987. Red Bull Energy Drink is a functional beverage. Thanks to unique combination of high quality ingredients Red Bull Energy Drink vitalizes body and mind. Red Bull Energy Drink has been developed for people who want to have a clear and focused mind, perform physically, are dynamic and performance-oriented whilst also balancing this with a fun and active lifestyle. In short, Red Bull gives wings to people who want to be mentally and physically active and have a zest for life. Red bull is trying to penetrate the Indian market to gain the highest market share but its facing so much competion fromother companie‟s drink. In this project we try to find out that what IMC plan red bulluses to become the number one company in beverage in India. Problem statment: The central problem I believe Red Bull is facing is the fact that it reached its maturity phase while many competitors have arisen, taking up some of its market share. Red Bull must act in order to avoid finding itself in decline due to the saturation of the market. What can it do to increase sales and retain its market share? Another Red Bull has recently faced Decrease in perceived value of the product due the fact that Red Bull has recently faced much controversy in regards to the health concerns associated withShow MoreRelatedRed Bull2926 Words   |  12 PagesRunning Head: Red Bull Red Bull: Building Brand Equity in New Ways! Three Questions on Pearson Case Study 4. George Ray Redmond Review 1. Describe Red Bull’s Sources of Brand Equity. Do they change depending on market or country? According to Keller (2008, p 53), brand equity is the strong, favorable and unique brand associations in the memory of customers. He goes on to define (p 54) two sources of brand equity: 1.) Brand Awareness; and 2.) Brand Image. Red Bull has well definedRead MoreAnalysis of Building Brand Equity of Non Traditional Ways Red Bull11410 Words   |  46 PagesAPPENDIX SITUATION ANALYSIS This Red Bull research analysis is meant to develop a marketing strategy for the Red Bull Company. Red Bull is an independently owned Austrian based company that produces energy drinks on a worldwide scale. They created the market for energy drinks and therefore have invited fervid competition. However, they have set the bar high among the energy drink industry and are still leading the way. Red Bull has a firm grasp on the energy drink market, controlling 70% of it, andRead MoreRed Bull Marketing Analysis9152 Words   |  37 PagesContents Introduction 1. Why did we choose Red Bull 2. Executive summary I) Company presentation II) Macro Analysis 1. Market Descriptions 2. PESTLE 3. Five Porter Forces III) Micro Analysis IV) Objectives Strategy 1. Customer Analysis 2. Segmentation 3. Targeting 4. Positioning 5. Marketing Mix V) Financial Statement VI) Recommendations Conclusion Reference Introduction Red Bull is the leader of the energy drink market. This company created in 1984 by Dietrich Mateschitz performsRead MoreWhy Energy Drinks Are Unhealthy2216 Words   |  9 PagesWhy Energy Drinks Are Really Unhealthy: Some Dangers of Drinking Energy Drinks Why Energy Drinks Are Really Unhealthy: Some Dangers of Drinking Energy Drinks A lot of people drink energy drinks now, especially young people and teenagers. Adults drink Red Bull and Monsters too explaining it that strong coffee doesn’t help them. Of course, people feel good when they drink energy drinks. Energy drinks have become popular among students in preparation for exams, office workersRead MoreRed Bull Marketing Plan7856 Words   |  32 PagesHow Red Bull woke up the teen market It looks (and tastes) like medicine, but it still conquered the soft drinks trade. Now the edgy pick-me-up is moving into the grown-up world of motor racing. John Arlidge reports reddit this John Arlidge The Observer, Sunday 5 December 2004 Article history At this time of year fallen leaves shroud the carefully planned suburbs of Milton Keynes. Mist drifts in from the fields. The posh car firms - Mercedes, Volkswagen, Audi - whose UK head offices ringRead MoreInternational Market Entry Strategies Redbull4492 Words   |  18 PagesCase Study: The Red Bull GmbH Marketing Strategy Prepared For: Prof. Dr. Christian Schuchardt GLOBAL MARKETING STRATEGIES IMBA 2014/15 International Graduate Center (IGC) Hochschule Bremen University of Applied Sciences Prepared By: Bakaa Chkeir Sahil Sabharwal Eric Branson Smith Khandaker Nazmul Alam Table of Content Part – 1: Introduction Part – 2: Red Bull’s General and International Strategic Approach By Sahil 1-2 3-6 Sabharwal 7-10 Part – 3: Red Bull’s Branding Read MoreCogave+Energy+Drink+Marketing+Plan7253 Words   |  30 PagesCogavà ©m | Agave ââ€" ¦ Coconut ââ€" ¦ Maqui Berry | | Cogavà © is an all-natural, healthy, and effective energy drink. The product strategy is defined in this marketing plan. | | Chad Rodriguez, Alvaro Alvarez, John Paul Mejia, Sabrina Casillas, Huda Tanjung | 5/26/2011 | | Table of Contents I. Executive Summary 3 II. Company Analysis 3 Mission Statement 3 Company Location 3 III. Situational Analysis 3 External Market Environment 3 Economic Environment: 3 TechnologicalRead MoreIndian Beverage Industry Report15071 Words   |  61 Pages†¢ PepsiCO India------------------------------------------------------23 †¢ UB Group-----------------------------------------------------------28 †¢ Dabur India Limited-----------------------------------------------30 †¢ Red Bull------------------------------------------------------------32 †¢ Cafà © Coffee Day---------------------------------------------------34 †¢ Nestle India--------------------------------------------------------35 †¢ Tata GlobalRead More5 Hour Energy Shot Business Proposal for the United Kingdom Expansion10942 Words   |  44 Pages5 hour ENERGY Shot Business Proposal for The United Kingdom Expansion November 17, 2012 Florida International University – MBA Class 2013 – Group 7 Table of Contents Executive Summary.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦.2 Which Product and Why?†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 Target Consumer Market†¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦6 Labor Cost, Availability†¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦10 Macroeconomic condition†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦12 Technology...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreMarketing Management - Nike Case Study6867 Words   |  28 Pages NIKE will enter and dominate the sports drink industry in 2013 with a new product called, â€Å"NIKE Refuel†. This new energy sports drink will target NIKE’s existing natural target market segments. Currently, there are not a lot of competitors who offer energy sports drinks as a premium product. Not to mention the other value propositions of nutrimental, low calorie, great tasting, and made with all natural and quality ingredients. This new sports drink will also ena ble NIKE to continue to promote

The Accounting Equation Free Essays

Accounting is founded on the basic equation that states a company’s Assets equal their total Liabilities plus their total Owner’s Equity . This equation is summarized as ALOE . This isthe basis of the Balance Sheet. We will write a custom essay sample on The Accounting Equation or any similar topic only for you Order Now Assets are the company’s furniture, fixtures and equipment, physical property, intellectual property and other resources. These properties include the physical land as well as the equipmentand building improvements on the property. A company’s liabilities are all of the obligations that the company has incurred. Thecompany has to service these liabilities by making payments on them. These payments may takethe form of cash income or may be sourced from loaned monies. If they borrow money, this is anadditional liability. Liability is â€Å"money owed; debts or pecuniary obligations† (Dictionary. com,2009). Liabilities offset assets in the equation that is the Balance Sheet. Owner’s Equity, also known as owner’s/shareholder’s equity, is the final variable in theequation. When liabilities are subtracted from assets, the remaining balance is the owner’s equity. The term owner’s equity is used for privately owned companies. If the business is an incorporatedentity which issued common stock in exchange for a percentage of company ownership, then theowner’s equity is termed owner’s/shareholder’s equity. Cash, stocks and retained earnings are allowner’s/shareholder’s equity. E1-1 Urlacher Company provides the following accounting service tasks each year. Communication – Analysis and interpretation of financial data. Communication – Interpretation of meaning, uses and limits of financial data. Communication – Compiling a summary of financial events. Communication – Accounting report preparation. Recording – Maintaining a linear, chronological record of financial data. How to cite The Accounting Equation, Essay examples