Fraud A White Collar Crime That Is Victimless - 992 Words

Embezzlement 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 educational programs and community outreach. In the scenario given, â€Å"Bob† served in many positions within a nonprofit over a three year period of time and he stole $93,000 in a variety of ways. In a small nonprofit this might be a large percentage of their operating expenses. It could have an enormous impact on the nonprofit staying in operation as well as those who are served in the community. First we should address what the organization could have done to detect the theft earlier and areas the organization can prevent fraud. Next we will look at implementing safeguards and checks and balances to prevent future occurrences. And Finally, we will address a public relations campaign that will regain the trust of donors and the community. There are steps that could be taken to eliminate or reduce the possibility of theft as well as specific areas within the organization which can provide checks and balances. In a small nonprofit, often the business manager acts alone and operates as anShow MoreRelatedVictimless Crime1399 Words   |  6 PagesVictimless crime is defined as a violation of community standards or an illicit act against a government policy or agency (Wisegeek, 2009) yet, which neither directly harms nor violates the rights of any specific person, although some people may claim it harms society as a whole. Many people consider such acts as drunk driving, prostitution, public drunkenness, assisting someone to die at his or her request, using drugs, white-collar crimes, and abortion to be victimless crimes. They feel, as thoughRead 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. 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Arson for profit is a serious crime, resulting in destroyedRead MoreThe Five Types Of Crime1398 Words   |  6 Pages Crime Classification Iliana Clark American InterContinental University Abstract This essay will explain the five different types of crime. These include: Crimes against persons, Crimes against property, and Crimes of public morality, White-collar crimes and Cyber crimes. Statistics show that we are likely to be a victim of one of these crimes. This essay will explain each crime and their differences, providing a definition by category of crime. They are many types of crimes butRead 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). 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President Clinton explained the need for the development of the federal and local law enforcement agencies. We have begun to find a way to reduce crime, forming community partnerships with local police forces to catch criminals and prevent crime. This strategy,

Letter to Me Free Essays

Your highschool years are finally here. You may have heard these will be the best years of your life, but I might have to disagree. Unless you are looking forward to an overload of homework every night and making sure you copy all the notes everyday so you dont fail Mrs. We will write a custom essay sample on Letter to Me or any similar topic only for you Order Now Pormento’s weekly biology test im sure you will feel the same. I always looked forward to wednesdays, we had gym with Mrs. Moore it was almost like a free period but her health class on the other hand was dreaded by many including myself. Im sure youll enjoy some of the same classes I did,my favorite was Mr. Hanleys english class senior year. Even though we joked around and and he made us laugh most of the period he somehow found a way to get serious and get back on track. Then after our work was done he would goof off some more. The worst class would have to be history with Mr. V, just the sound of his voice telling us to turn page 1092 and do numbers 1 to 10 when we had 8 days of school left would urke my nerves and i know majority of the class felt the same. Weekend basketball games were exciting and it was somthing to do on a friday night. Now baseball games were never to interesting to me, regardless i never understood what was going on i just never liked many of the baseball players, they had a cockiness about them that made me barely able to stand the sight of them. Throughout these years you should alway have fun and always have a clear mind and NEVER worry about the rumors the other sections girls make up about you. I always just assumed they were jealous and had nothing else better to do, you should do the same. The most important thing here is your school work. No matter what you should always try your best and do all your assignments,handing them in on time would be even better no one can afford ten points off every day its late. Looking back if i could do it all over again i wouldnt change to many things,maybe just some of the friends i had. As the days go by you grow as a person and you realize who your real friends are. Thats why i always say worry about yourself and yourself only. I say this because everyone looks out for themselves and they arent preoccupied about you and your buisness so you need to stay on top of it and make these four years as easy as possible. Each day in highschool is just another lesson, not only a math lesson that you dont understand or another boring book in english class but there life lessons that will make you a better,wiser person. These lessons will show you who you really are and help you develop into the person that you will strive to be one day. Senior year will come much sooner than later and within a blink of an eye you will be at graduation walking down St. Marys church recieving your highschool diploma. Now lets talk about four years that might be a bit more appealing,college. Everyone brags that college is so much better than highschool and how you become independent during those four years but i guess ill jus see for myself in september. Apply to more than one college, dont make the same mistake i did. Believe me youll regret it big time. One more thing take it slow with Sister Anne and try not to make her life so difficult. Try to always keep in mind that she is eighty five years old and has had it with all of us kids who dont seem to listen very well. So make the best out of these next four years and succeed. How to cite Letter to Me, Papers

A Literature Review On Online Reviews Vs Company Advertising

Question: Discuss about the Literature Review On Online Reviews Vs Company Ads. Answer: Introduction Purpose The purpose of this report is to explore on research on consumer preferences between company advertising and online reviews. It seeks to look into what mostly is preferred by the consumers, when purchasing products and services in the market and when finding the best businesses. It further explores the benefits and drawbacks of each method and gives a clear indication of what mostly is considered. It is an analysis of both the comparison and contrast of the two approaches among customers. Analysis: Online reviews In a recent research by the bright local survey, it has revealed that most consumers prefer online reviews in finding out about the performance and worth of the business. The survey revealed that in 2015, 80% of individuals admitted to trusting the online reviews more (Anon 2014). This survey revealed that consumers tend to trust the non-paid reviews by other individuals because these reviews are honest opinions of other people who have had contact with the business. These individuals believed that these online reviews could help learn about the business without bias unlike commercial advertising where the ads are paid for, and the message is more often fabricated. This survey further indicated that consumers considered reviews based on reliability, professionalism, and expertise in business mostly. With 27% percent considering reliability more. The survey indicates that 2/3 of consumers consider reading more reviews than considering the ads done by business through the media (The National Law Review 2013). Research has also indicated that, in every ten people, nine of them believe that online reviews and personal recommendation, take up an equal place. The online review has created trust in consumers the same way they would trust personal recommendations to a business by a friend or family. Benefits of Online Reviews Consumers have largely benefited from online reviews as well as the business being reviewed. Online reviews regularly offer free advertising to the company. Consumers often leave online reviews on social media platforms; this gives the business a wider exposure to more people especially if the review is positive. Secondly, according to Dennison and Montecchi (2017), 70% of consumers, trust reviews from other consumers. Thus enhancing a good relationship with consumers will make them leave, positive reviews that will attract customers in return. Thirdly, online reviews create credibility and trust towards the organization. According to a report by Bazaar Voice, customers have a high possibility of up to 82% to be converted, from the online reviews. It further reports that, when a business replies to reviews made by consumers, it increases the trust by 41% (Harrell 2009). This deed shows the business concern of its consumers. Lastly, online reviews assist the organization in improving the customer care services. This is majorly very positive to the organization when a business uses the negative reviews for constructive criticism to improve on its failures. Drawbacks of online reviews However, despite the numerous positive impacts online reviews have on business. There are a few cons. The first is the lack of negative reviews. Consumers tend to trust a business more if it has both positive and negative reviews. The National Law Review (2013) states that, if a company lacks negative reviews, 30% of consumers may consider its review as fabricated and not honest. Secondly, a single negative review could ruin the entire reputation of the organization and keep away customers. This could lead to loss of projected consumers. The last but the least, third party review sites, may be very expensive. This limits the business from using online reviews. Company advertising This ismarketing done through mass media, online media or print media, where a business pays for the charges. These ads are done to attract customers to the business. However, currently trust in these advertising methods have drastically gone down among consumers .according to research done by lab 42 (Cheung et al. 2009), it showed that consumers did not trust ads. According to the statistics gathered, 76% of consumers, termed ads as exaggerated with a lot of distortion. Another 87% of consumers believe that business ads are fabricated through either Photoshop or other means. More consumers portrayed their distrust in consumers because they believed that the company is biased when making these ads. However, a few consumers consider ads. Benefits of company advertising There are various benefits realized by business when using company advertising. For instance, in a survey in America, 86% of individuals rated T.V ads as the most influential when it comes to decisions on purchasing. Secondly, businesses have realized more sales as well from the company ads made in TVs and print media. This has been realized because they are those individuals who still are interested in ads made in the mass media. For instance, when advertising a mans product using a good-looking woman, men tend to be interested. These ads always have a way of eliciting attention and compelling consumers towards them. Drawbacks of company ads In the world today, a company's ads have more cons than pros. First, there is no guarantee. In advertising, a lot of money is used, but it does not guarantee that it will reach the targeted consumers. Secondly, consumers lack the interest in company ads. This comes from the fact that, most consumers consider company ads biased and fabricated. They find it hard to find out about the business through these ads because they do not give a clear outline about the business. Thirdly, advertising may at times pass the wrong message. Consumers interpret messages differently, and some ads may not communicate clear messages but may send the unintended message. Fourthly, advertising is an expensivemarketing method and may incur the unnecessary business costs. Lastly, most advertising messages, may not have the message consumers want to know about the business. Thus this may not assist the business much. Again repetitive ads tend to be more annoying to consumers, leading to disinterest (Harrell 2 009). Conclusion From the above analysis, it is clear that consumers prefer online reviews to the company ads when looking for an organization or in considering products and services. This is because of the various surveys were done on consumers. Due to these surveys, many more businesses have taken to include online reviews on their company websites or using third party business review sites, where they do it for the business. It has come to the realization of the consumers that 2/3 of consumers consider what other consumers say about an organization or their experience with the organization. This helps to gauge the consumers understanding of the business and acquire knowledge on the business products and services. Consumers have also taken to depending on recommendations made by consumers on social media platforms. The reason behind, the high percent of consumers who prefer online reviews is from the genuine and precise answers they find about business from other consumers, compared to the company ads that aim at making sales and attracting more customers to the organization. Consumers have been seen to appreciate both positive and negative reviews of a business made more than the companys ads that do not talk about any negativity concerning the business, making it look fabricated and one sided. From the different research made, only about 13 percent of consumers who never consider online reviews. That means the largest percent, considers more online reviews, and even have to read about six to ten different reviews to make an appropriate decision. However, some business like Deloitte has maintained, that ads still make substantial impacts on the business sales, although this does not increase the trust of consumers towards the organization. Due to the high number of reviews done on a daily by consumers; businesses have to be very careful in maintaining a positive reputation of the business. Within the last five years, there has been an increasing number of online reviews made by consumers. This has made online reviews the number one marketing technology recommended for business. Consumers are considered important aspects of the organization, and business should put more effort to ensure that consumers leave a positive review, and compel those not interested in reviewing the services of the organization each time. From the above analysis from different researchers, it is very clear that consumer satisfaction increases through reading reviews made by others and not just listening to the company ads. Consumers have lacked interes t in companys advertising messages because of the way these ads tend to be one sided. Company ads always focus on the positive side of the organization and never tell the consumers of any weaknesses an organization may possess. This leaves the consumers with a lot of unanswered questions, and thats why, consumers have shifted to online reviews, where they learn about a business on two sides. References Arnord, KJ 2014, Consumers Increasingly Reading, Trusting Online Reviews for Local Businesses. Marketing Charts, Issue Local Consumer Review. Cheung, MY Luo, C Sia, CL Chen, H 2009, Credibility of Electronic Word-of-Mouth: Informational and Normative Determinants of On-line Consumer Recommendations. International Journal of Electronic Commerce. 13, 9-38. Dennison, JA Montecchi, MA 2017, The Effects of Online Consumer Reviews on Fashion Clothing Purchase Intention. Prentice-Hall Grinberg, I 2012, Impact of online word-of-mouth on Amazon ranks in selected product categories. Available at https://hdl.rutgers.edu/1782.1/rucore10001600001.ETD.000066748. Harrell, D 2009, The Influence of Consumer-Generated Content on Customer Experiences and Consumer Behavior. London Publishers The National Law Review, 2013, Consumer Survey: 80% Say They Trust Online Reviews As Much As Personal Recommendations. National Law Review. 2013-07.