Technology Swells Ocean Exploration :: Technology Evolution Essays

Technology Swells Ocean Exploration Railroads and computers. So, not only what to these have in common, but also what are they doing in paper about computers? Well to start, the Professor did say to have fun with the paper! Secondly, the guns show how long technology takes to evolve and than how quick evolution can happen. It took centuries to go from smooth bore to rifled bore in the guns. Flintlock gun were still being used at the start of the American Civil War, 1861. By the time the war ended, 4 years later, percussion guns were in style. The Gatling gun showed up around 1867, it was replaced in under 100 years with the .50 caliber machine gun. Thirdly, railroads and computers are a very interesting study on how quick technology can advance, the problems it encounters, and the impact it has on society. The first American train made its run in 1830. Less than 40 years later the transcontinental railroad was completed. The rail companies had to overcome problems never before encountered: switchbacks up hills, grading, etc. The impact on the America society was, and still is, huge. The computer technology has basically followed the same timeframe, overcame unknown problems, and is having a huge impact on society. Looking at these two comparisons is very interesting. As a Maritime Historian an understanding of past technology is important in determining a time frame of an incident. Plus, an understanding of how to use todays’ technology to assist in finding and recording of the past is an absolute necessity. Computers hold the key to major research projects by way of technology, Internet, and E-Mail. As a Maritime Explorer advances in technology will continue to be used to find, track and understand the water world around us. Clive Cussler wrote, "We have mapped and photographed almost every square inch of the moon, but we have viewed less than one percent of what is covered by water". The computer will be of the same great benefit when it comes to the exploration of the oceans as the computer has benefited the exploration of outer space. This benefit will be to two major forms; finding and understanding the past (cause and effect), finding the as yet unknown and determining its benefits. As any historian will say, we need to know where we came from in order to understand where we are going. What technological advances over the centuries have led to the exploration of the oceans?

Auditor’s Legal Liability to Third Parties

Increased liability of other professionals to nonprofits users of their services II. Lack of fairness of Imposing the burden of economic loss on Innocent financial statement users Ill. Assumption that expanded liability will cause auditors to improve their auditing procedures v. Auditors have the ability to obtain liability insurance v. Increased audit and insurance premium costs can be passed on to the client 4. Reasonably foreseeable third parties (used by MS, NJ, WI) a. Ore expansive definition regarding the legal standing of who can sue the auditor I. Allows broader class of (stockholders or stockbrokers, for example) might say regarding accuracy of financial reports Reflection While WI, NJ and MS have a very expansive definition of who ought to be able to have legal standing to sue auditors for audit reports of financial statements if the auditor appears to have been negligent or committed fraud, there must be some balance struck to protect both auditors and third parties that m ay rely on audit reports.The Restatement Standard, as used by most states, appears to strike that balance, holding auditors accountable for potential negligence or fraud, while still allowing them to obtain liability insurance to limit their exposure to legal claims. Chapter 20, problem 20-27 a. What elements must be established by Musk to support a cause of action based on negligence?Since state law applicable to this action follows the Ultramarine decision, which sets the standard for auditor negligent liability by a third party according to priority, in which a contract or specific agreement exists between the two parties, Musk would need to show that a contract existed between Apple and Musk to have legal standing to bring a suit against Apple. B. What elements must be established by Musk to support a cause of action based on a Rule lob-5 violation?If Musk has established that it can sue under Section II(b), it must prove the following: 1 . Apple made a material, factual misrepr esentation or omission 2. Musk relied on the financial statements . Musk suffered damages as a result of reliance on the financial statements 4. Sciences (Apple acted with intent to deceive, defraud, or with knowledge of a false representation) c.Is Apple's assertion regarding lack of priority correct with regard to Musk's causes of action for negligence or fraud? Regarding negligence, Apple's assertion regarding Musk's lack of priority is correct according to the standard set by the Ultramarine decision. There was no contract between Apple and Musk. However, regarding the fraud charge, the priority requirement does not apply. If the plaintiff an show gross negligence or fraud, the auditor can still be held liable for damages.As stated in the problem, Apple was aware that Astor was selling inventory at prices substantially less than cost, so it should have known that the inventory valuation provided by Astor should not have been trusted, and should have conducted its own valuation o f inventory. While the application of the Ultramarine decision will make it difficult to hold Apple liable for negligence under common law, that decision does not hold weight when considering fraud or gross negligence. In that case, Musk may be able to collect damages on the basis of Rule bib-5.

The Models Of Fast Fashion - 945 Words

Acquire, use and dispose of there are three stages through which passes a product as it passes through the hands of a consumer, who often forgets that the previous stages of the life cycle of a product have an environmental and social impact that is many times greater to use thereof, clothes and accessories are no exceptions (Fernando 2015). The concept of fast fashion fast fashion or refers to a phenomenon of mass production and consumption that increases at the same rate at which trends are undergoing modifications. In the consumer model clothing collections that mimic current trends at low cost are purchased, so brands that offer these types of benefits not only change your articles often, they are forced to manufacture their products in countries developing paying workers very low wages and even sacrificing security conditions in which they operate. At the same time, it is a consumption model in which the lifetime of each garment is short. According to a study by American Apparel and Footwear Associations only in the United States an average consumer purchases approximately eight pairs of shoes and 68 garments each year, giving each a maximum lifetime of three months. Still, many companies fast fashion ensures that the path of Patagonia is not the only path to follow to create sustainable fashion, so have offered to improve their practices to create a business model that best standards setting sustainability looking more for their workers fair wages and better workingShow MoreRelatedThe Fast Fashion Business Model1317 Words   |  6 PagesThe Fast Fashion Business Model 1.What are the key characteristics associated with the fashion markets that support this model? Because of the continuous change in consumer demand in a very short span of time creating high complexity for the supply chain, the demand for apparel in fast fashion industry is volatile. A fast fashion retailing company can optimize its performance and remain competitive by creating agile supply chain. Agile supply chain is paramount to achieving the ultimate in profitRead MoreThe Emergence of the Fast Fashion Business Model and Imposed Quick Response Challenges for Chinese Fabric Manufacturers14773 Words   |  60 PagesEmergence of the Fast Fashion Business Model and Imposed Quick Response Challenges for Chinese Fabric Manufacturers Jennie Hope Peterson, Jimmy Chang, Yiu-Hing Wong, and Carl A. Lawrence Abstract This chapter explores and develops fast fashion in the current retailing industry and its impacts on how the Chinese textile manufacturing industry has adjusted to remain competitive. Fast fashion evolved at the turn of the twenty-ï ¬ rst century into a business approach characterized by fresh fashions, shorterRead MoreThe Fashion Of The Clothing Industry1193 Words   |  5 PagesThe fashion apparel industry is considered to be one of the most globalised industries across the world with a turnover of multibillion dollars every year and hence plays an important role in the global growth of the industry (Jackson and Shaw, 2006). The fashion business typically comprises of various aspects like compressed product life cycle, highly erratic demand and changing buying trends of the consumer (Christopher et al., 2004). The growing demands of fashion conscious consumer and the needRead MoreSpeech On Fast Fashion964 Words   |  4 Pagesdeeper in the world of fast fashion I found out of the vicious cycles that our clothing is manufactured in. B. Relevance: The brands I researched are some many of you have probably heard of. C. 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Just like all fashion companies, their primary goal is to be the number one fashion retailer.Read MoreSupply Chain Management For Fast Fashion Industry1623 Words   |  7 PagesA study in sustainable conscious collection in the supply chain process in the fast fashion segment of fashion industry; a case study based approach focusing on HM and its main competitors. Abstract In recent years, the rapid changes in the fast fashion industry, a highly concerned about environmental issues as well as the sustainability for the company. Thus, it is a big challenge for the company s global operations to think about how to use the market intelligence, sensitive response and do moreRead MoreContextual Analysis of Uniqlo1001 Words   |  5 Pagescontrolled by the parent company Fast Retailing Co. Ltd. Observe the strategy of UNIQLO, it base on SPA model which took place in the group’s structure and lead them to become the top brand in Asia during the downward spirals of global environment. * UNIQLO Business strategy To become one of the top clothing retailer in the competitive global markets. UNIQLO has refined its SPA (Specialty store retailer of Private label Apparel) business model (Global fashion Wire, 2011), encompassing all stagesRead MoreClothing and Zara923 Words   |  4 Pagesthe world (INDITEX Group, 2012). Zara used fast fashion model – limited and variety. Zara resist a trend within the worldwide industrial- product manufacturing in low-cost area. That prove its product has a certain quality. Related to fast fashion, Zara has asserted that it only needs 2 weeks time to design and develop a new product on store shelves. Moreover, the main work like design, production and delivery are proceeding in Spain and via it business model system, Zara can directly know which typeRead MoreThe Retail Giant Of Zara Essay1351 Words   |  6 PagesThe retail giant Zara have proven that utilizing all resources and different management techniques branded the store as a fashion empire. Howeve r, Zara has been named one of the most profitable retailers in the world. Zara has expanded and is operating stores all over the world which makes the retailer global. The philosophy behind the retail giant is immersing new fashion fast. Furthermore, Zara focus is producing high-end quality clothes through creativity. The retail giant uses a rapid responseRead MoreZara E-Business672 Words   |  3 PagesExecutive Summary E-business Background Zara, part of Spanish giant Inditex Group, provides clothing products to customers demanding fast fashion that looks like high fashion at lower prices. It has been considered as the most remarkable fast fashion company of the 21st century. In order to understand and analyze the dynamics of the sector and the current state of Zara, Porter’s Five Forces and SWOT analysis will be used. E-Marketing The key elements of Zara’s e-marketing strategy include social