Soccer And Stock Markets - Free Essay Example

Sample details Pages: 3 Words: 945 Downloads: 4 Date added: 2019/04/15 Category Sports Essay Level High school Tags: Soccer Essay Did you like this example? Many papers have linked the winning final or even the pre-final to the improved performance of the stock market in the following days. For honesty, this assumption has some logic. It is so normal when a team from a given country wins the final or even semifinal; to have the good mood of investors involves a sense of pride and glory that they belong to the country of champions, but the results obtained did not always produce this result. Starting with the Champions League, we will divide the results into 2 main parts: when the two teams competing in the final of the same country, when the two teams competing in the final from two different countries. Don’t waste time! Our writers will create an original "Soccer And Stock Markets" essay for you Create order Table 1 explains that when two teams from the same country reach the Champions League final, their arrival will be reflected positively on the performance of the stock market the day after the final regardless of the winning team, this result is clearly repeated each time the final is made up of two teams belonging to the same country. Where the result could be seen in all the studied finals in Spain, Germany and Italy, which are often dominating the most precious European title except in England where the results are quite opposite to the rest of the European countries. On the other hand, Table 2 tells us the results were not expected at all. The results of the analysis showed that every time a team wins from wins the title in the final, a downfall will affect the stock market to which the country belongs to. Looking at Table 2, we will see that this result is always repeated every year except the years 2005 and 2012, strangely enough in both years, the winners of the UEFA Champions League were from the same country. England!!!! Indeed, to interpret these outputs, we must accept the third hypothesis or so-called the loss effect The fact that a Spanish club won the title does not at all mean the joy of the Spanish fans in general. On the contrary, it would mean the sadness of a large segment of them in exchange for a small percentage of fans of the club only. Bleacher report, a specialist site in sports reports, has made many questionnaires asking fans all over the world about whether they prefer to watch their team win or the scenes of a team they do not like; most of the answers favored the second possibility, which explains the extent of peoples football obsession, It is not surprising that according to many questionnaires, Real Madrid, Bayern Munich, Barcelona, Manchester United, AC Milan, Juventus, Chelsea and Liverpool are among the most hated teams in the world internally and externally, and in the time they are the most dominating clubs of the UCLs final since 2000. Thus, this could explain the decline in stock performance in the days following the victory of any European team in the final, this also explains the results of Table I, since the arrival of two teams from the same country to the final and the victory of one means that the title will be for this country before the start of the game, which means that the leadership of Europe predetermined for this country, where national sentiment will overcome any other personal feeling. To explain the adverse results we got when an English team won the title, we had to return to the ownership of the English clubs that won the titles of the three Liverpool, Manchester United and Chelsea, and we will note that foreign funding was the main reason for the decline in financial performance of England after the English domination either in the final or semi-final of UCL, where the first title in the new millennium of an English team was in 2005 for the club Liverpool, and coincidentally that the previous year, 2004 the chairman David Richard Moores expressed about his willingness to consider a bid for his shares 51% in Liverpool but the sale was not officially announced until 2007 for American business men George Gillett and Tom Hicks. As for Manchester United ownership of the club belongs to the United States of America, especially for the famous businessman Malcolm Glazer who, in addition to being the owner of the most famous English club, he also owns Club Tampa Bay Buccaneers in the National Football League, Finally, for Chelsea, there is no secret of the Russian ownership of the famous businessman Roman Abramovich, who you can see in every single game for his club in his cabin in Stamford Bridge stadium where the photographers are very fond of monitoring his reactions during the match. Regarding the semifinals the results were not clear enough, there are no consistent change every time the team qualifies in the semi-finals and are one step away from the final See Table 3. This is normal, because the victory of a teams in the semi-finals means that they make a step forward and does not mean they have won the title, In the event of loss, the impact will not be too great because the tournament is held annually, and the loss of the opportunity in this year can be compensated in the next year and not after 4 years like continental and global championships, but what can be clearly observed is that each time two teams from the same country face the semi-finals, the performance for the same country will inevitably fall the next day with the exception of England of course and exception both of Italy in 2003 and Spain in 2014 and can be justified in these particular years the second side who reached the final were Italian in 2003 and Spanish in 2014, which confirms the resul ts of Table 1.

A Brief Note On Atherosclerosis, Disease, And Peripheral...

Definition of Atherosclerosis Atherosclerosis is a disease dealing with the heart. This disease causes hardening, narrowing, or even blockage of the arteries, which makes the arteries thicken. Fat, calcium and plaque buildup are all components of atherosclerosis. The accumulations of calcium, fat, and plaque buildup quietly and slowly block the arteries, putting blood flow at an extremely high risk. Atherosclerosis is typically the reason for heart attacks, strokes, and peripheral vascular disease. These diseases with each other are called cardiovascular disease.1 Signs and symptoms The signs and symptoms of atherosclerosis are exceptionally deceitful. The symptoms of this disease happen prematurely and develop mutely. When the symptoms indeed start to come about, it is an advanced and severe problem. There are tests for atherosclerosis, but none of them are without fault. Some tests have risk of injury, so testing is not as easy and simple as some might assume. There are three serious diseases caused by atherosclerosis: Coronary artery disease, cerebrovascular disease, and Peripheral arterial disease. The warning signs of Coronary artery disease are usually chest pain when one is active, or angina. Angina is a symptom of heart disease; it happens when there is an extremely insufficient blood flow to the heart muscle. This is a result of constricted blood vessels, typically caused by hardening of the arteries.2 Angina is frequently described as tightness in the chest regionShow MoreRelatedSTUDY GUIDE: EXAM 4 Essay1797 Words   |  8 Pagesaction potential by th e heart’s conduction system. The SA node sets the pace b/c normally it has the fastest rate, which is why it is called the natural pacemaker of the heart. The SA node depolarizes spontaneously 60 to 100 times per minute. 2. Peripheral Vascular System, pp. 1113 3. Cardiac Action Potential, pp. 1099-1103 4. Blood Flow during the Cardiac Cycle, pp.1095-1096;1098. Start on the left side of the heart. Number the chambers for discussion purposes. Chamber number one is the rightRead MoreReference Guide for Pharmacy Technician Exam Essay4921 Words   |  20 PagesGum inflammation and bleeding. Ataxia: Lack of coordination of muscle movements. Nystagmus: Rapid involuntary movement of eyes that may be from side to side, up and down, or rotatory. S.L.E.: Systemic lupus erythematosus (chronic inflammatory disease of connective tissues). Blood dyscrasia: Abnormality in blood. A.V. node suppression: Slowing down in conduction velocity of heart. Negative inotropic effects: Reducing the force of muscle contraction of heart. 3-BETA-BLOCKERS M/A: They blockRead MoreCase Study Essay33967 Words   |  136 PagesWhich of these medications may have contributed to M.G.s heart failure? Explain. Thiazolidinediones, such as pioglitazone, may increase the risk of heart failure and should not be used in patients with symptoms of heart failure. 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Which of the following nursing interventions should the nurse include in the client s plan of care to decrease the effects of tinnitus? A. Reduce the amount of glucose and cholesterol in the diet. B. Encourage the client to listen to the radioRead MorePathogram: Chronic Respiratory Failure Essays7624 Words   |  31 PagesCare |Assessment |Medical/Nursing Diagnoses |Treatment | |Brief review of the patient |Medical Diagnoses: |Therapeutic Modalities | |Age: 86 years old Read MoreSocm Study Guide Essay30404 Words   |  122 Pagesof functions of living cells Special Physiology – study of the physiology of specific organs System Physiology – considers all aspects of the function of specific organ systems Pathological physiology (Pathology) – studies the effects of disease on organ or syst4m functions Identify the major levels of organization in living organisms. A. Chemical B. Cellular level C. Tissue level D. Organ level E. Organ system level F. 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Chilean Mines Free Essays

Knowing Your Audience Com. Release Michelle Jones OXBOW/275 April 28, 2013 Dry. Monica Gallant The Chilean Mine Collapse On August 5, 2010, a main access tunnel of a mine in Chile, owned by Companion Mineral San Stefan Primmer, collapsed and trapped 33 miners. We will write a custom essay sample on Chilean Mines or any similar topic only for you Order Now There are very serious risks when it comes to mining and the control of those risks determines the safety of the miners. Crucial Considerations and the Audience When you have a tragic situation like this, there are so many people who are affected which include the families of the miners and their co-workers. The miners families as well as the co-workers are obviously close to them will be saddened and troubled so they are going to be extremely sensitive by the event. Dealing with this type of audience, it is imperative that you pay attention to how you word the intended information, watch your tone when you are making an announcement concerning all Involved and consider your audiences emotions and their concerns. Potential Needs of the Families of the Miners It would be terribly difficult knowing that I had a family member who was trapped in a mine and there was nothing I could do about It. I would want to know every detail possible about the incident and if everything was being done to rescue these poor individuals. It is imperative that as family members, we understand what caused the Incident, which miners were Involved. If any perished. Is there a way to contact them and to keep us informed of any new occurrences. Above all else, I feel it is important to be honest and to not leave out any details. The sooner what is known is easier to deal with. Potential Needs of the Miner’s Co-workers As an employee who works for the mines, you understand the risk that is involved. It s important to deliver such news in a professional and appropriate manner; not to mention, reassure the other employees they are not In any danger when they return to work. It is also important to treat the co-workers as family members because in a sense, this is their home away from home. They wish to know all that is going on. Actions that are taken before and after the Message Is delivered In a situation such as this, I feel it is best that you understand who your audience is before any message is delivered. To me, a prepared statement should be given both in person and through the media. Speaking to the people face-to-face lets the family members and the co-workers know that they matter and the trapped miners are important enough to meet with these individuals. Giving a statement through the media lets others know that they are doing all that they can to make sure these miners are rescued safely and keeps family members that are not in the area caught up in the latest developments. To the Families (through media) T ay at moon, a tragedy occurred in one our mines. From what we know, the mine has collapsed due to a rock failure and there are 33 miners that are trapped approximately 2000 feet below. At this time, our rescue operation is in progress and they are drilling boreholes to pinpoint the precise location of your family and co- workers. Unfortunately, we have not confirmed their exact location, and we are asking everyone to please be patient with us as we do everything in our power to locate the miners. Once it is determined where they are positioned, the necessary water and food, as well as medicine will be sent down to them. We are fully aware that this is very difficult time for everyone but please understand that we are doing all that is accessory to bring these miners out safely. We are confident they will all be rescued and returned to us safe and sound. We will keep everyone posted as information becomes available to us. If you have any questions about updates or concerns, we have set up a hotlist for you to call. That number is 11-56-555-5454. To the Co- workers (face-to-face) As all of you are aware, a tragedy has happened within our company. At approximately 2:pm today, one of our mines collapsed due to a rock failure and 33 of our men are trapped about 2000 feet below. How to cite Chilean Mines, Papers

Strategic Accounting Software Package-Free-Samples for Students

Question: Write a Literature Review on an Organisation that is using accounting software packages in Australia. Answer: Introduction The modern corporate world is characterized by great competition in providing quality business services to different clients. Many organizations are therefore seeking to establish a competitive advantage in the areas of quality, efficient and cost effective service provision. With the increase in organizational activities, the coordination of all activities to bring about quality output is dependent on the organization management systems (Ismail and King, 2014, p. 13). Great emphasis is laid to the performance measurement tools in any organization which necessities organizations to develop and adopt software packages which can help them meet the business needs as well as the needs and demands of their clients. Some of these business softwares include the accounting software packages which have been adopted by many businesses or organizations among them been the Hansens Accounting and Business services firm in Melbourne, Australia (Chenhall and Moers, 2015, p. 6). This study, therefore, seeks to provide an understanding of the structure of this organization or firm and its interactions with business software and how the organization has adopted the use of accounting software packages. It will also provide an understanding of the competition the company faces from other users of the same software in a bid to understand what gives them a competitive advantage in the market as well as analyze some of the challenges experienced by the users of the accounting software packages. The Hansen Accounting and Business organization structure The Hansen accounting and business services firm was established in 1997 and has since been in forefront of providing quality business services to their clients. The organization or firm is based in Waverley, Melbourne, Australia but has a wide network of clients in many other parts of the world. The organization is specialized in providing business services across the fields of business consultancy services, accounting, auditing and other specialist services. It has been recognized for offering quality services to their clients such as provision of annual financial statements, business activity statements, management consulting and reporting services and financial budgeting as well as auditing services among others (Broida and Flora, 2015, p. 46). The organization is structured into different departments which specialize in different business services but all work together towards the common goal of achieving the objectives of the company and that is to meet their clients needs in offering solutions and quality services to problems or challenges from their clients. The organization has a business service department which specializes in offering accounting services, business consultancy, booking keeping, payroll among other services (Blount et al. 2016, p. 193). It has also a tax and audit department which specializes in offering tax and audit related services to their clients as well as a specialized services department which deals with special clients needs like customized client services. However, the departments are linked together by the management and serve a common through the efforts of specialized and competent staff. Organizational operational problems However due to the many organizational activities involving huge financial data and great number of clients with high demands, the Hansen Accounting and Business Services company has been experiencing great complaints from their clients most of which result from errors in financial reports or budgets and increasing costs resulting from inefficiency of the current systems (Lim Perrin 2014, p. 3). Such problems having been analyzed by the management of the company were found to be very critical to the organization success as their clients needed to be satisfied with the quality of their services as well as help them reduce the costs associated with lack of utilization or adoption of accounting software (Mas et al. 2014, p. 103). The management, therefore, seeks to acquire accounting information system software packages that will help them cut the operational costs, improve their efficiency as well as perform the various task in the shortest time possible to meet the rising demand from their clients. The software should help the company eliminate some of the human errors reported by their clients as well as allow for effectiveness and consistency by fulfilling the business needs. Acquisition of system software The management is therefore tasked with the responsibility of making a decision on acquiring a system accounting software in which their decision can be to adopt or acquire commercial software, custom software or ERP software. However the acquisition of accounting software packages is supposed to fall under the context of the existing organizational structure and depending on the organizational needs, the software should, therefore, be compatible with the existing organizational structure as well as improve the efficiency of the currently existing structure (Starinsky 2016, p. 3). The commercial softwares are usually ready-made softwares for resale to the end user and therefore in most cases they are used by small organizations at start-up of their business operations however they may not be applicable to large organizations with an already established structure as the system software may not be compatible with existing current structure (Chenhall Moers 2015, p. 8). The acquisition of custom software will mean that the company will have to adopt software that is designed or developed to meet specific user or organizational needs. However, the development or acquisition of ERP software allows the organization to use a system of integrated applications to manage the business and also automate many other office functions related to technology, services and also a human resource (Cassidy 2016, p. 2). Therefore, in this case, Hansen Accounting and Business services are likely to acquire ERP software as it will provide a platform for the company to integrate the fu nctions of various departments according to the specific client needs to improve efficiency and effectiveness of the existing organizational structure. Organization sales system flow chart The success of an organization is not only dependent on the services provided but also on the sales strategy adopted by the company. For Hansen Accounting and business services to attain its success objective in service delivery to their clients, it needs to develop a systems flow chart for the company sales procedure (Peppard Ward, 2016, p. 2). A system flow chart is a representation of the steps or actions that the organization or company needs to take in order to achieve maximum effectiveness in service provision to their clients. The figure below is a sample of system flow chart showing the sales procedures that Hansen Accounting and Business Services can adopt and implement to help integrate the sales objectives of each and every department in the company. The figure above shows some of the processes involved in the company accounting department involving the sales. It outlines the office interactions channels with their customers and the steps the company needed to take to ensure they offer effective, transparent and consistent services to their clients (Simkin et al. 2014, p. 4). It is important for the organization to follow and assess its sales flow chart as it ensures the company achieves financial success and helps to eliminate the financial errors resulting from the business transaction. Such a flow chart provides the organization with an opportunity to monitor the sales procedures and is able to solve any complaints from their clients. Understanding of development of accounting software in the organization and its importance With the extensive growth of the Hansen Accounting and Business Services, the company is at the threat of experiencing financial frauds, errors, lack of consistency or having a prompt repository mechanism to deal with client complaints or even address their concerns (Hafeez Andersen 2014, p. 46). It is, therefore, necessary for the company to adopt or develop an accounting software package that will help the company to manage payments with the organization for employees as well as their contractors, process invoice for their clients, ease the employees workload of calculating payment and tax deductions for each and every employee in the organization. The accounting software package will help the company to record as well as process all accounting transactions within functional module developed through the ERP integrated system such as accounts payables, accounts receivables, company general ledgers (Starinsky 2016, p. 2). Some of the available and most applied accounting software pa ckages include Quick Books, MYOB, Cash flow managers, Zero-online, sage among others however the adoption and implementation of any of the packages are dependent on the business need of the company, its compatibility with the existing organization structure as well as the existing company technology. It is therefore recommended for the organization to develop or adopt the use of MYOB accounting software package. The software has gained the confidence of many businesses across Australia and New Zeeland with over 1.2 million businesses using the package. The software offers a range of solutions and products which make it applicable to both small businesses as well as large businesses. It provides an easy and fast way to manage an organization or company cash flow and also ensure compliance with ATO requirements. Its cost effective as it helps the organization to reduce the costs of having accountants as its simple to use and anyone can use it and it also automatically updates the system in any incidence of the tax change. The software will, therefore, help the organization manage its client purchase orders, work with multiple clients accounts as well as manage employees job time sheets (Geary et al. 2017, p. 703). It is also easier through MYOB software for the management to track job progress, track the organization profit and loss as well as the inventory levels. It completely revolutionizes clients experience by offering products which the range can integrate with the existing accounting software to add immense value to the organization. The competitive advantage of other organizations over the Hansen Accounting and Business Company The existence of other firms and companies offering the same services in the Australia accounting market has increased competition faced by the company. The Hansen Accounting and Business services are a privately owned firm and have a range of 11 to 50 employees with over 40 years of existence. However, the company has not grown its networks to other nations other than serving clients from different regions (Mueller et al. 2014, p.8). Their client base cut across several nations with some of their great clients been Price Waterhouse Coopers among others. However, it has not established partnerships with other small firms in different regions as compared to their competitors and other leaders in the industry such as the Greenberg and Companies which has partnerships with other firms locally and internationally. The partnerships have given these companies a competitive advantage in that it has helped them reduce their operational costs in other regions (Chang 2016, p. 3). The companies can also learn from the different organizational structures used in different regions that enable them to understand their market well and also strategically plan for their future strategies. With the companies enjoying the economies of scale, they can offer affordable prices to their clients for their products and services and therefore increase their competitive advantage in the international market. However, the development and adoption of accounting software packages in most businesses have encountered a number of challenges. With organization having different organizational culture, the adoption and development of these packages has interfered with some organizational culture and in most organizations the idea has not been implemented as may prompt the loss of jobs to certain groups of people in the organization including accountants, financial controllers, analysts and experts (Seethamraju 2015, p. 483). The system is also bound to have technical challenges which mean that the management cannot write off the functions of accountants in the organization yet maintaining both the system software as well as the accountants may increase the cost element of the organization. The softwares in another case may not be user-friendly as not everything that can be integrated to meet the employers requirements. Conclusion The development and adoption of accounting software packages are very paramount to the success of modern businesses. However, it calls for great efforts from the management team to ensure that the software developed or adopted meet the needs of the business as well as those of their clients. With increased competition been experienced in the modern corporate world, the quality of services provided by the businesses and their competitors will determine the success of the businesses. It is, however, important to note that it would be difficult for businesses to survive in the current corporate world without the effective use and implementation of business softwares compatible with the current technology. List of References Blount, Y., Abedin, B., Vatanasakdakul, S. and Erfani, S., 2016. Integrating enterprise resource planning (SAP) in the accounting curriculum: a systematic literature review and case study. Accounting Education, 25(2), pp.185-202. Broida, M. and Flora, D., 2015.The status of computerized accounting software in small American businesses. Journal of Small Business Strategy, 1(1), pp.44-51. Cassidy, A., 2016. A practical guide to information systems strategic planning.CRC press. Chang, J.F., 2016. Business process management systems: strategy and implementation. CRC Press. Chenhall, R.H. and Moers, F., 2015.The role of innovation in the evolution of management accounting and its integration into management control.Accounting, Organizations and Society, 47, pp.1-13. Geary, N., Jarvis, B., Mew, C. and Gore, H., Precisionpoint Software Limited, 2017. Method and apparatus for automatically creating a data warehouse and OLAP cube. U.S. Patent 9,684,703. Hafeez, A. and Andersen, O., 2014. Factors Influencing Accounting Outsourcing Practices among SMEs in Pakistan Context: Transaction Cost Economics (TCE) and Resource-Based Views (RBV) Prospective. Ismail, N.A. and King, M., 2014.Factors influencing the alignment of accounting information systems in small and medium sized Malaysian manufacturing firms.Journal of Information Systems and Small Business, 1(1-2), pp.1-20. Lim, N. and Perrin, B., 2014. Standard Business Reporting in Australia: Past, Present, and Future. Australasian Journal of Information Systems, 18(3). Mas, J.F., Kolb, M., Paegelow, M., Olmedo, M.T.C. and Houet, T., 2014. Inductive pattern-based land use/cover change models: A comparison of four software packages. Environmental Modelling Software, 51, pp.94-111. Mueller, D. and Mousseau, C.A., Bmc Software, Inc., 2014.Method for customizing software applications.U.S. Patent 8,832,652. Peppard, J. and Ward, J., 2016. The strategic management of information systems: Building a digital strategy. John Wiley Sons. Seethamraju, R., 2015. Adoption of software as a service (SaaS) enterprise resource planning (ERP) systems in small and medium sized enterprises (SMEs). Information systems frontiers, 17(3), pp.475-492. Simkin, M.G., Norman, C.S. and Rose, J.M., 2014. Core concepts of accounting information systems.John Wiley Sons. Starinsky, R.W., 2016. Maximizing business performance through software packages: Best practices for justification, selection, and implementation. CRC Press. Starinsky, R.W., 2016. Maximizing business performance through software packages: Best practices for justification, selection, and implementation. CRC Press.