Absolute Power Does NOT Corrupt Absolutely Essay -- Lord Actor

A man named Lord Actor once said, "Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men." This means that giving a person some power can turn them into a bad person. However, giving someone absolute power will always corrupt some and that these people are always bad. Knowing what the quote means the question remains, is the quote true? The answer is no. "Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men." This is because nothing is always anything, a person’s bad deeds can be outdone by good deeds, and corruption is a matter of opinion. Nothing in the world we live in is always anything. Even though there is what we call "facts," even those facts are sometimes disproven with other facts showing the falsity of that fact. This same idea can be applied to the idea that a person given absolute power will always be corrupted. Just as it does not always rain when it is supposed to, an absolute monarch is not always bad. If there is even one example that shows otherwise, you might come to the conclusion that the statement is false, and that example is Maria Theresa. When Maria Theresa came into power she deemed herself an "absolute monarch" in order to have more control over her people, but she used this absolute power to create many successful reforms such as making the feudal system fairer to the serfs and giving them rights. One of those rights was limiting the amount of time they could work per day. Maria thought this would improve productivity and living standards. Reforms such as these made her country prosperous dur ing her rule. Phillip II, Louis XIV, and Fredrick II were all the same way, they may have shown some sign of c... ...versal definition of what is right and wrong. This is impossible due to the fact that ones perception of right and wrong is made from their own personal experiences and what they have learned. This is principally the idea of moral relativity. History is like a giant story book being rewritten over and over to fit the author’s personal view of the topic. Like a new Hollywood movie remake of an older classic, it's the same story but with pinch of the producers opinion. Lord Actor’s statement, "Power tends to corrupt, and absolute power corrupts absolutely. Great men are always bad." is false because of that. This quote is just showing Lord Actors opinion which happens to be wrong because of wording such as tends, always, and absolutely which dramatically change the meaning of the quote. Nothing is absolutely anything, just like the validity of the quote is zilch.

How Foreign Ownership Has Affected the English Premier League

Introduction The Premier league is the top soccer division in England. It is claimed to be the richest league in the world where some of the most popular players and football teams play. Most professional sports teams that are capable of buying top football players are generally the most successful. Foreign investment in English Premier League teams has become a trend and a way of becoming rich and successful. Most of the clubs in the league are controlled by foreign investors out to make profits. Liverpool F.C was formed in 1892 by John Houlding to play at Anfield after Everton F. C vacated the field. The club is arguably the most successful club in England. It has won 18 First Division titles, 7 FA Cups, 7 League Cups, and 5 European Cups. Liverpool F. C. signed a deal with Prince Faisal Al Saud to initiate and activate an elite commercial collaboration between F6, Liverpool F. C. , and the Richard Petty Nascar Team. Factors of management that are strength to the program Collaborat ion with effective partners is a major strength in the performance of the club.These exclusive collaborations explore collaborative commercial opportunities viable to football, Nascar racing, and interactive media in the Middle East country, Saudi Arabia and the surrounding nations. The Middle East sport market has great potential of growth, as the fan base in the region is growing everyday. The deal will strive to enhance the level of football competition, sports management expertise and soccer players in the region. Among the strategic partnership, plans in mind include the creation of academies and training facilities owned and controlled by Prince Faisal's organization.The framework for collaboration in Nascar has been created to evaluate the expansion of a Nascar racing circuit and Richard Petty racing institutions in the Middle East environs. F6 is one of the leading investors in interactive sports media in Saudi Arabia and has considered this deal as a perfect opportunity to bring in local teams and athletes, and introduce new methods of management and training in sports. It will also provide employment opportunities and innovative reality media production techniques (Foster et al, 2006). Liverpool fans have greatly contributed towards the success of the club.The number of Liverpool fans has increased as a result of celebrating the club’s sale to new owners and also due to the appointment of a new manager Roy Hodgson. The signing of a new player Joe Cole saw the Liverpool website break its previous record of 65 million page views to over 85 million page views. The news of Joe Cole signing raised the page view impressions to over 483,000 in just an hour. In addition, the time that the club’s fan spend in the site increased from five minutes to seven minutes while the average number of page view increased from 4. 5 to 5. 95. Factors of Profitability and viabilityOne of the factors contributing to profitability and viability of Liverpool is t he use of market value approach. This approach has enabled the company to assess its market value and thus evaluate its overall performance (Foster et al, 2006). Other approaches that have also contributed to the clubs success include the Acquisition-Based valuation approach and the Sabermetrics technique. The Acquisition-Based valuation approach assists in making viable acquisition for the club while the sabermetrics is very useful in the evaluation of players’ performance and the overall performance of the club (Foster et al, 2006).As a result, Liverpool F. C. debts have almost doubled to ? 86m based on the latest financial reports. The club has however recorded an increase in profits after making losses the previous year. The club’s annual accounts show a pre-tax profit of ? 10. 2m in 2008, which is an increase fro the previous year in which the club made a loss of ? 21. 7m. Application of Triangulation to gain an accurate value of the club Technological development and growth has been one of the most effective ways of using triangulation to gain accurate value for Liverpool.The club launched Assigra’s agentless backup and recovery hardware, Televaulting that prides a back-up for data in a disc. Liverpool was in the past using legacy tape-based backup and disaster recovery (DR). The use of the new software is aimed at increasing the speed of back up and recovery and provides a guarantee 100% success rate in recovering lost data. The old system was limiting in that every time a back up of the i-series based ticketing system took place, the whole system had to be shut down. This was greatly inconveniencing because the backups were limited to once a day only.The club had to think of a way of recovering data in case it was lost in an effective manner (Turner, 2007). The new backup system now safe guard vital business data across Liverpool FC’s major sites: Anfield, Melwood and Academy. Changes to improve value Liverpool introduced a new approach to training in order to ascend and stay at the top of English and European football. The owners of the club have created the position of Director of football strategy in a bid to ensure that the club maintains a top position in English football.Although the Director of football strategy is the most unpopular post in English football, the new owners of Liverpool view this as the most appropriate strategy to run the club. The owners have introduced the principles of sabermetrics, which are very successful in baseball. Sabermetrics is defined as the analysis of baseball based on objective evidence, particularly baseball statistics that evaluate the in-game activity as opposed to industry activity such as attendance. It is thus a set of statistics that is used to assess the overall performance of a player or team.For instance, Top player ratings normally referred to, as Batter-Fielder/Pitcher Wins is a rating used to evaluate the value of baseball players and to facilitate the comparison of players against each other, despite playing for different teams or different positions. Value Over Replacement Player (VORP) is a metric that measures hitters contribution (offensive) and Pitchers contribution in a team compared to a fictitious average player (Turner, 2007). This measurement is used to evaluate a payer’s Replacement level. The use of these quantitative metrics n football has transformed Liverpool F. C. for the better. Events from 1997 to 2003 and principles of improvement Gerard Houllier, the former French national team manager, was introduced into the Liverpool management team for the 1998–99 season to work alongside Roy Evans. Evans did not find the deal favorable to him and decided to quit in November of 1998. The club became a founder member of the G-14 group of clubs in September 2000. The organization was formed to create a united voice to air their opinions and suggestions to soccer governing bodies FIFA and UEFA.Liverpool rema ined an active member of the G-14 clubs until it was disbanded in 2008. In its place, the European Club Association was established. The 2000-01 season was one of the best Liverpool’s seasons in the clubs history. The players Owen, Fowler, Gerrard and Hyypia played a role to the club’s third place finish and hence a qualification to play in the champion league. The club also won the FA Cup, League Cup and UEFA Cup, together with the charity shield and the European Super Cup in 2001.Liverpool finished as number two in the premier league 2001–02 season, their best league finish since 1991, but was subjected to a embarrassing defeat in the League Cup Third Round by Grimsby Town. The Clubs manager Houllier suffered a serious heart problem, which made him inactive in the club for three months beginning from November. How sale of the club will affect the strategic direction The sale of the club by CFO will affect my strategic direction in several ways. The sale of the club might affect the value of the club depending on the effect it will have on the stakeholders of the club.If the fans are not happy with the sale, then the clubs fan-base will be affected. Fewer fans will visit the club’s website leading to a fall in the club’s earnings. Some investors might feel cheated and withdrawal their support for the club. This will affect the equity value of the club. The sale of the club will thus affect the overall running of the club including the approaches used by the management. Factors that would underlie the changes and research to strengthen the recommendations There are two factors that would underlie the changes in Liverpool football club.The two factors are change of the valuation approach in acquisition and accounting for player-related payments.. Acquisition-Based Valuation Approach is the best approach to consider when determining any acquisition for the club. This approach involves considering similar previous acquisitions b efore making an investment (Foster et al, 2006). Ability to account for all player-payments greatly contributes towards the appropriate management of the club. Some of the sources of player-payments include, sign-on bonus, transfer fees, and match fees. ConclusionLiverpool football club s one of the most successful clubs in English football. The club has been successful as a result of its effective management and overall business strategies. The new owners have introduced new approaches in management as well as the training of the players. One of the newly introduced approach, sabermetrics, has provided the best evaluation and assessment criteria for both the club as well as the individual performance of the players. The cub has also adopted a new method, Televaulting, for backup and data recovery. The new method ensures that vital business data is safe and secure.

Sustainability And Corporate Social Responsibility

Sustainability and corporate social responsibility indicate the desire of an organization as a responsible citizen to give back to the society through initiatives that seek to better the lives of the people and generally, leaving the world a better place to live. As a global leader in the coffee restaurant business, the size of Starbucks and its activities mean that it wields a lot of power in its areas of operation and its activities can affect societies directly and indirectly. The company’s mission, vision, and objectives guides the company’s quest for sustainability and supports the corporate social responsibility activities and programs that Starbucks undertakes. Starbucks sustainability and corporate social responsibility is focused on three key areas, which include community, ethical sourcing and the environment. At the community level, the company understands that its activities have the capacity to influence positively or negatively on the lives of the communities where it has its activities, whether at the retail level, or at the raw material production level of farmers. At the community level, the company strives to ensure better lives for the people through education support program, bringing people together and providing employment opportunities for people of all ages. These activities are important in supporting and making a difference in people’s lives. For instance, the company works closely with farming communities to not only ensure that the produce is ofShow MoreRelatedCorporate Social Responsibility And Sustainability1423 Words   |  6 Pagesis study of Corporate Social Responsibility (CSR) and sustainability. It mainl y speaks about the origin and the operations of CSR programs in the United States of America from the 1980’s. One of the most dominating concepts of business reporting is Corporate Social Responsibility. It has become mandatory for every business to include a policy with regards to CSR and produce a detailed report with regards to its activities. CSR can be defined as the relationship between a corporate company andRead MoreCorporate Social Responsibility And Corporate Sustainability Essay1658 Words   |  7 PagesCorporate Social Responsibility Vs Corporate Sustainability in India: A case study on Aditya Birla Group Supriya Agarwal Abstract: Corporate Social Responsibility (CSR) is now a burning topic in India, which became prominent and most amplified in 2013 when companies were obligated to spend two percent of profit after tax in CSR activities set by the Ministry of Corporate Affairs, Government of India. Although, the concept of CSR is not new in India and has evolved and developed very well from hundredsRead MoreCorporate Social Responsibility And Sustainability Essay1563 Words   |  7 Pages Contents †¢ Summery †¢ Vision or Mission statement †¢ Values of the organisation †¢ Corporate Social Responsibility/Sustainability †¢ SMART analysis †¢ Conclusions †¢ Reference list Summery This assessment is about analysing the management of two different companies Macquarie group of services and David Jones. Both got many similarities and differences between their organisational structure and management. They also work with a vision in market from many years. ThereRead MoreSustainability and Corporate Social Responsibility at IKEA928 Words   |  4 Pagesinfluenced by the demands of customers and stakeholders. The business approach and corporate philosophy of an organization is easily altered due to economic pressures, technological improvement and stakeholder needs and demands. Going green or being eco-friendly is one such demand. IKEA is among the top sustainability leaders in the Scandinavian region. The company is able to confidently respond to questions of responsibility raised by consumers, employees, and investors regarding eco-friendly productsRead MoreSustainability as Part of Corporate Social Responsibility2888 Words   |  12 Pagesindirectly obliged to t ake initiatives and responsibility for their operational actions that have an impact on the natural environment and society. The natural environment that creates our basic standard for living is becoming more threatened by the human use. Not only the natural resources are being consumed to its limits, but also the procedures behind extracting those resources have a damaging effect on the environment. Thus, for many companies sustainability has become an important part of theirRead MoreMcdonald s Corporate Social Responsibility And Sustainability886 Words   |  4 PagesMcDonald’s Corporate Social Responsibility and Sustainability: Raising the Standards Higher I. Introduction, background, situation, problem and method Corporate social responsibility (CSR) and sustainability are the emerging bottom lines in corporate governance today (Fontaine 2013). There is actually a triple bottom line: people, planet and profit (Fontaine 2013). It is no longer possible for corporations and businesses to ignore that as they pursue business objectives, they affect society andRead MoreSustainability Is More Than Corporate Social Responsibility1874 Words   |  8 Pages 1. Sustainability a) Business Challenges related to Sustainability: Sustainability is more than corporate social responsibility. It is a challenge to companies, how they grow and make more profit without harming the environment, society and efficiencies of the employees. When it comes to sustainability issues then Stakeholders are centre of discussion. Businesses face challenges in terms of political environment, ethical, cultural, economic issues. Companies have to design their long term businessRead MoreCorporate Social Responsibility Report - Mara Cocoa Sustainability2134 Words   |  9 PagesSustainability at Mars Chocolate The Company Mars Chocolate is one of the world’s leading chocolate manufacturers and employs more than 13,000 people across 110 sites worldwide. Mars is a private, family owned company and is governed by a Board of Directors.   The Directors are members of the Mars family.   The Mars Board of Directors receives independent advice from four external Board Advisors.   The parent company, Mars, Incorporated is run by a global management team that oversees the day to dayRead MoreBusiness Challenges : Sustainability Is More Than Corporate Social Responsibility1209 Words   |  5 PagesBusiness Challenges related to Sustainability: Sustainability is more than corporate social responsibility. It is a challenge to companies, how they grow and make more profit without harming the environment, society and efficiencies of the employees. When it comes to sustainability issues then Stakeholders are centre of discussion. Businesses face challenges in terms of political environment, ethical, cultural, economic issues. Companies have to design their long term business strategies keepingRead MoreCorporate Social Responsibility ( Csr ) : The Importance Of Meeting Economic, Social And Sustainability Needs1175 Words   |  5 Pageseconomic, social sustainability needs) Author: Supervisor: Sazzad Hossan Royal James Heath 18571849 12th December,2015 Corporate social responsibility (CSR), otherwise called maintainable capable business, or corporate social execution, is a type of corporate self-regulation