MEDIAST 10 Study Guide - Midterm Guide: Netflix, Shock Advertising, Marshall Mcluhan

For questions 1, 2, 3, and 6 you are welcome to use Wikipedia. However, you should cite at least two other sources in each question. Your sources should be identified at the end of each answer. As you can see by now many of the assignments are very important to our understanding of the topics, but they have not been integrated as well into the course as I would like. This assignment is very different. Much of the discussion here is to better understand Latin America, a region of the world that we will need to skip because of time constraints. Some of you will be writing a country report about one that uses ISI. Some of this information may be useful to include in your report. Other sources you could consult are in the reference section of the library or you can ask a librarian for help. 1. What is Import Substitution Industrialization? (between 200-400 words) 2. Raul Prebisch was one of the prominent proponents of ISI, write a short biography of him (between 200-400 words) 3. Explain why Prebisch and others proposed ISI (up to 250 words). 4. Visit the site EconoMonitor and once there search for the article On Populism in Argentina (and other Latin American Countries) by Nicholas Magud published June 25th, 2008. Summarize it. 5. Brazil, Argentina, Peru, Mexico, and Bolivia among many countries followed both ISI and Economic populism. Visit the IMF site at www.imf.org and click on Data and Statistics, then click on World Economic Outlook Databases, select the October 2014 database,and select By Countries, next Latin America and the Caribbean. Find inflation in percent change for Argentina, since 1980 to date and graph the data in several sub-periods so it can show the different inflation rates better. In a couple paragraphs describe what you see. 6. Brazil, Chile, Peru, Bolivia, Argentina, and India followed ISI and different levels of Economic Populism, choose one of these five countries and explain when your selected country followed ISI and when it stopped following ISI? Why did your country stop using ISI? What were the consequences of ISI and Economic Populism in your country? (no less than 250 words and up to 700 words)

Please rewrite this Memo and letter with thsi instructions.

Memo/Letter Make-Over Assignment

PURPOSE

This assignment will improve your composing and editing skillsregarding crafting routine business documents. It will also sharpenyour critical analysis abilities.

PROCEDURE

You will be given a document that is poorly written. It will beabout three-fourths to a page.

Consider the document’s purpose and audience. Analyze itsstrengths and weaknesses.

Rewrite the document, applying the principles of good businesswriting and document design that you are learning in thiscourse.

On a separate sheet, explain your rationale for making thechanges. Include your observations about the audience, stated (andunderlying) purpose(s), relationship between reader(s) and writer,organizational setting, appropriate tone, level of formality, useof jargon, and any other reasons for the changes.

WHAT TO SUBMIT

Your revised typed memo or letter

Your written analysis and rationale for eachdocument

Graded Memo Rewrite/Makeover

This assignment will be graded. Please rewrite usingcorrect writing style, tone, grammar mechanics, etc. Include youranalysis of the errors you found on a separate page.

Your staff does not like the idea of working at a distant campuson Thursdays, and you have to get them on board with this newmandated change. So, you wrote this Memo below:

To: AllStaff

Subject: Thursday Work Days at Eldridge

Date: Februay 11,2015

From: Your name, Superviser

We have had lot of people not following directions about thework day on Thursdays. All staff is to be working on the Eldridgecampus henceforth on Thursdays. You are to follow directions;disobeyance willnot be tolerated by anyone. Unless you have priorpermission to be at another campus you are to be on this campus onThursdays. The work hours are from 9am to 6pm with one hour forlunch. If you don’t abide by these directives you will be writtenup by me. When you are there you should check for neededimprovements or items or things missing to enhance this campus inaddition to using his time for planning and doing your worktask.

Bring your own latops as there is no extra computers at Elridge.The ones that are there are for that staff there.

Thanks and do adhere to these directives.

Sincerely

Your Name

Graded Letter Rewrite/Makeover

Please rewrite using correct writing style, tone,grammar mechanics, etc. Construct a letterhead. Include youranalysis of the errors you found on a separate page.

You work for McDonough Company, 2550 Lockwood Plaza, Beechnut,OH 43443. As the SeniorManager, you ordered 14 new HP laptopcomputers for your senior staff. They were to arrive on Monday,January 19, 2015, but you have not received them. You called butwere told the same thing—they are on their way. So you decided towrite the letter below.

February 11, 2015

HP Company

1440 Jones Road

Houston, TX 77033

Dear Sir

I have called your office several times and got no satisfactionI sent you a check in the amount of

$16, 689.12 for 14 Hp Model 745 laptop computer. To date, I havenot received them, and I am rather upset to say the least. The copyof my check is attached.

Your company has a good reputation but now I am questioning thatreputation. Why tell me my computers are on the way with no date ofarrival. Yet, when I contacted your Company about this order, P. O.No. 1276 I am told that they were shipped. Well if they wereshipped then why have I not received them?

I want an explanation by phone; my number is 704.678.9112. Iwant an answer no later than February 16 or I will contact mylawyer. I have ordered from your company before and have beensatisfied.

What do I have to do to get these laptops? Is it possible theywere sent else where or were stolen?

This situation has been truly annoying for the staff expectingthese laptops as well as for my business.

I want to here from you.

Regards

Your Name

Senior manager

1. Identify the ethical issue within the scenario.

You will identify the ethical issue presented in the scenario.Explain in detail why the ethical issue exists and rules thatgovern the handling of the situation. You must use at least twocredible outside source that supports your assertion regarding theethical dilemma.

2. Answer each of the following questions:  Who will potentiallybe harmed?  Who will potentially benefit?  What (ifany) rights or claims will be violated?

In this section of your answer, you need to address thestakeholders involved in the situation. Then, you need to providean explanation of how those stakeholders will be affected. When youdiscuss who might be harmed by the situation, fully explain howthey will be harmed. When you discuss who will potentially benefit,also share in detail how they will benefit. When you discuss theviolation of rights and/or claims, give details about those rightsand/or claims and why the ethical issue will impact those rightsand/or claims.

3. Discuss your responsibility and obligations as an accountingprofessional.

In the concluding paragraph, discuss how the matter should behandled based on your responsibilities and obligations, as well asyour ethical convictions. Describe in detail why you would chooseto deal with the ethical issue in this manner, from the standpointof responsibility as an accounting professional and from an ethicalstandpoint.


For each scenario, you will create a document that answers each ofthe three requirements presented. You should format your documentusing Times New Roman 12 point font with 1” margins on all sides.Please double space your document. You must use correct APAformatting for all citations and include a separate Works Citedpage for each of the ethical scenarios. Any form of plagiarism withresult in a 0 for the entire Capstone Project and you will receivean F as your final grade in the course.

I would suggest separating each of the three requirements into 3different paragraphs. The key to doing well on this section isproviding detail. While you are only required to provide one pageof written material by the assignment instructions, please notethat you will be graded on content and fully answering (in detail)the three numbered requirements.


Scenario #1:

You are employed as an auditor at a CPA firm. One of your clientsis Camp Enterprises, a company who has become quite successful overthe past 4 years. Increases in earnings have averaged around 15%each year. The corporation is planning on a public offering ofstock in January 2016, which in turn would cause a sizeableincrease in fees for your employer. Furthermore, the additionalfinancing would fund an expansion that would bring new jobs for thecommunity, which would help to stimulate the local economy, andallow the company to diversify their products.

On October 31, 2015, as you are working on the audit for the fiscalyear ending June 30, 2015, an issue comes to your attention thatcould potentially have an effect on the significant increase inearnings for the fiscal year. A very large orderwas slated to be shipped FOB Shipping Point to Coral Creations onJuly
14, 2015. The order was completed and stored in the warehouse butwas not segregated. Management included the selling price andrelated expenses in the net income for the fiscal year ending June30, 2015. If the issue is handled in a way thatdecreases net income, Camp Enterprises’ net income will be lowerthan the amount reported last year.


Scenario #2:

It is July 3, 2015, and you have just been hired on as a staffaccountant at Pace Corporation. You have been tasked on creatingthe financial statements for the 2nd quarter of the fiscal year,and as you create the balance sheet, you notice an account calledMiscellaneous Equipment in the amount of $395,000. This is arelatively large account balance compared to the other fixed assetaccounts, and you are a bit unsure how to classify the account forreporting purposes, since you haven’t even found a depreciationschedule for the account.

In order to get more information, you go to the Controller, ScottSmith, and ask about the account. He replies, “That account needsto be included under Property, Plant & Equipment. Because ourbusiness is cyclical, and we always show higher profits in thethird and fourth quarters of the year, we put all of our equipmentrepair expenses in that account and then expense them off when wehave more revenue to offset it in the last two quarters of theyear. This keeps us from having to show losses in the first andsecond quarters of the year, and makes all of our quarterly reportslook good. It really doesn’t matter because our yearly totals areall the same regardless of how we report repair expenses in each ofthe quarters. We’ve done it this way for years, and that is how Iwant you to report it.”