Saturday, May 23, 2020

Is Globalization Positive or Negative - Free Essay Example

Sample details Pages: 3 Words: 906 Downloads: 9 Date added: 2017/09/25 Category Ecology Essay Type Argumentative essay Tags: Globalization Essay Political Essay Did you like this example? F’ Modern Global Studies 22 Name: ___________________ Globalization Reflection Background: We have spent the past week learning about the globalization trend that has changed the political, cultural and economic landscape of the world. Over the course of our discussion we have covered both positive and negative implications for the American worker and student. Task: Write a four paragraph essay reflection on our Globalization mini unit in which you address the following question: Is globalization a positive or negative force for change? Organization: Introduction: Include a few sentences that give background information on globalization †¢ ]gr Thesis statement that answers the question Two body paragraphs: †¢ One paragraph on the positives of globalization †¢ One paragraph on the negatives of globalization †¢ The paragraph that you ultimately agree with should be last. Make sure you prove why globalization is more positive or negative. †¢ Each paragraph should have a topic sentence. †¢ Each paragraph must be filled with specific facts and details from our course work (articles, textbook, political cartoons). Conclusion: †¢ Restate your thesis statement †¢ Restate your main points that help to prove your thesis This essay is worth 50 points. (Rubric attached) Due date ____________________. |Criteria |Point Value |Teacher Assessment |Comments | |Thesis is clear and responds directly to the |5 | | | |question. | | | |Student answers question appropriately and |5 | | | |comprehensively. The content is appropriate to | | | | |the task and effectively proves the students’ | | | | |thesis. | | | |Each body paragraph provides arguments and |25 | | | |evidence that is supported with class material. | | | | |Student has original thoughts and clearly | | | | |articulates ideas. | | | | | | | | | | | | | | | | | | | | | | | | | | | | |Organization enhances main ideas. Supporting |5 | | | |information is pr esented logically with no | | | | |extraneous details. Transitions are smooth. | | | | |The writing flows well. Strong and specific words|10 | | | |are used to convey meaning. Proofreading is | | | | |thorough. Correct spelling and punctuation | | | | |throughout. | | | | | | | | | Total Grade: Is globalization positive or negative force for change? Globalization is the sharing or progression of goods, ideas, and powers among the world which leads to interpendence and interconnection. In my opinion, I think that globalization is a positive force for change. My reasons are because technology has improved and will keep improving. I feel that the international government is a positive force for change because it will keep the world under control. I also think that the global economy will become stronger due to worldwide buying and selling. Lastly, I feel that the spreading of cultures might be a negative force for change. There are some negative details in this process, too. Firs t of all, in culture the negative force is that traditions and cultures are diffusing. This means that different traditions and cultures are fading, but it can end up being a positive force because different cultures and traditions are able to interact with one another. Another negative thing is outsourcing. Some people in one country are losing jobs. But if you think about, it just means that people in another country are earning a job and they are probably even working for less money. I think that that globalization is a positive force for change. I think this because technology has definitely improved and is still improving. For one thing, Communication has gotten much better. Back in the day, there was no such thing as a computer or even a cellphone. If you had a telephone back then, you were considered a smarter, high class person. But now in the modern days, people across the globe can communicate easily. If you needed computer support, you would just call a toll free nu mber and you would probably be talking to somebody on the other end of the world. Also, medicines have improved which have stopped diseases from spreading and from people getting sick. Another reason why I think that globalization is a positive force for change is because the international government has gotten much stricter and in order. For example, there is The United Nations. The United Nations keeps the world under control and helps to prevent wars with other countries. There is also the Security Council. The Security Council is made up of thirteen seats. Five of those seats will never change. These five countries are the USA, Russia, China, England, and France. The other seven countries rotate. Their job is very powerful. If one country doesn’t want something to happen, the all the country has to say is no and the process will stop. My last reason why I think globalization is a positive force for change is because it will help the world economically. First of all, ne w jobs are being created. This is because new businesses and companies are being created causing more people to get a job. There is also global trade which allows for cheaper goods. There is also free trade so that different countries can import and export different products. There are different opinions for whether or not globalization is a positive or negative force for change. Don’t you think that the new technologies and medicines we have are helping the people in this world? It makes life so much easier. Also, I feel that the government is much better internationally. You don’t really hear too much about countries invading other countries. Also there is much more peace in this world than there was a few hundred years ago. T The economic world has really improved and it has allowed for better things to go on in the world. Many jobs are being created and there is now free trade making it easier to import and export. Overall, Globalization is definitely a positive force for change. . Don’t waste time! Our writers will create an original "Is Globalization Positive or Negative" essay for you Create order

Tuesday, May 12, 2020

Gender Inequality Within Sports And Sports - 1197 Words

All women athletes worked extremely hard to get where they are now, but with gender inequality in sports their hard work will go to waste. Gender inequality is unlawful because of Title IX, a law that was passed in 1972, that banned gender discrimination in sports (Buzuvis and Newhall). Even though it is against the law, many colleges and sports associations still give unfair benefits to men’s sports, such as more opportunities, better fields, higher salaries, etc, and are not getting punished for it. There were many cases when the women’s team made many times more money than the men’s team, and received millions of dollars less (Walters). Though it is against the law, the main reason that women are being discriminated against is the†¦show more content†¦This inequality in colleges leads into sports jobs too. ï » ¿One major example is when the Women’s Soccer Team won the FIFA World Cup and gathered heaps more fans and audience, producing $20 mill ion more than the men. The men obtained $6 million more and lost in the first round (Shalby). Not only are the players getting discriminated against, the female coaches are too. Only 3 percent of men’s teams coaches are women and less than half of the coaches for women’s sports are women coaches. In addition to that women’s coaches get paid less than men’s coaches, therefore this number is gradually decreasing (Walker and Baldwin). This shows that gender inequality not only affects the women playing the sport but also the women whose job it is to help them. Many people believe that gender inequality in sports is caused by lack of participation. However it is shown that 40 percent of sport and physical activity participants are women (Collins). They also feel that the reason for lack of participation is because society is sending out negative stereotypes that say women should not participate in sports for amusement (Wilde). The media is the one who is send ing that stereotype out. Media are the ones that are pointing out that women should not want to be athletic and play in sports, and that they should only exercise so they look good. The media is saying that sports are for men not women. Sports are too masculine for women and women should be acting moreShow MoreRelatedSocial Inequality : A Part Of Sports1080 Words   |  5 PagesThesis: Social inequality is a part of many issues other than sports, but it is a part of sports to do several issues such as gender roles, salary and stereotypes. The Significance: The significance of this topic of inequality in sports is that it does not just occur in sports. It happens all around us, you see social inequality happening at work places, schools, restaurants and many other places. Many people don’t see if because they don’t know what it is. Population: Many people think it onlyRead MoreImportance Of Sport1702 Words   |  7 PagesWhat is interesting about sport? Sport: small word, big concept. 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I recently read your essay that touched on the discrepancy between how men and woman are depicted in sports media. It was very compelling! Timothy Curry: Thanks! Do you feel like you have noticed any of the gender inequalities I talked about? Haley: Definitely, especially as a woman, I notice how we are immensely underrepresented in both amateur and professional sports. I also feel that we are assumed to be inferior in almost all aspects of the athletic world due to the power of socialRead MoreThe Construction And Experience Of Gender Inequality1395 Words   |  6 Pagesconstruction and experience of gender inequality. Men and women are constantly analyzed, compared, and grouped together in society. The result of this yields discrepancies in how sexes are viewed by society. Throughout my examination and explanation of gender inequality, I concluded both men and women are victims to gender inequality. I examined different professional industries in The United States to get a familiar understanding of gender inequality around me. Gender inequality does not particularly favorRead MoreAnalysis Of A Miniature Lit 1742 Words   |  7 PagesJarvis Washington Miniature Lit Review Introduction Gender inequality in sport is a hot button issue in our society today. Women, for the most part, have been on the short end of the stick for centuries in reference to participation in sports. Way back in Ancient times, women were not even allowed to watch the Olympics games because they were deemed â€Å"ladylike†. Women slowly began to play sports beginning in the 1800s. Some notable events were the first all-women’s golf tournament in Scotland inRead MoreGender Inequality : Sport Is Becoming Popular1333 Words   |  6 Pages Gender Inequality in Sport Sport has been one of the most important socio-cultural learning experiences for males and females. Sports provide an amazing release for people of all ages. People are requested and welcomed to play sports at any age. Sometimes there are many limitations due to personal reason that restrain people from participating in sport such as money, peer pressure, location, etc. For the last century males are expected to be strong, independent, and athletic. Male athletes masculinity

Wednesday, May 6, 2020

Emu and Ostrich Eggs Hatch Free Essays

OSTRICH Did you know? * The Ostrich is the largest living bird in the world. * It is of the Ratite family, which means flightless bird. * The Ostrich is native to Africa, yet thrives in countries all over the world. We will write a custom essay sample on Emu and Ostrich Eggs Hatch or any similar topic only for you Order Now * Adult males are eight to ten feet in height and weigh 350-400 pounds. * A male Ostrich is called a rooster and a female Ostrich is called a hen. * The male is black with white wing tips and tail plumes. * The female has light brown and grey plumage and is slightly smaller than the male. * This great bird has two toes, all other birds have three or four toes. The Ostrich can run at speeds of up to 40 MPH for sustained times. * An Ostrich will live to be 50 – 75 years old. * Although an ostrich egg is the largest of all eggs, it is the smallest egg in relation to the size of the bird. * The Ostrich egg will weigh 1600 gm and is equivalent to 2 dozen chicken eggs. * An Ostrich Hen can lay 40 -100 eggs per year, averaging about 60 eggs per year. * Ostrich eggs hatch in 42 days. * An Ostrich chick grows one foot taller each month until it is 7-8 months old. * Females sit on eggs by day; males sit on eggs by night. To soft boil a fresh egg would take one hour. To hard boil would take 1 1/2 hours. * Ostrich farming is a viable alternative agriculture industry, with fine quality leather, feathers and gourmet meat as the principal products. EMU Introducing the Emu Emu (pronounced either e-mew or e-moo depending on where you’re from) are a large flightless bird native to Australia. These birds, known for their curious nature, have been around since the time of the dinosaurs. Emu (Dromaius novaehollandiae) are a member of the ratite, which means flightless bird, family. Other ratites include the ostrich, moa, rhea, cassowary, and kiwi, as well as the extinct aepyornis  (click to read more about this bird). Emu are the largest bird on the Australian continent and the second largest in the world. What bird is the largest bird? That would be the emu’s cousin the ostrich. Emus eat insects and caterpillars as well as seeds, nuts, shoots, flowers, and small rodents and lizards. They are picky eaters and would rather starve than eat old leaves or grass. They are shy birds that prefer to use their long legs to run than to fight. They are known for their curiosity and have been known to eat nails and bits of tin! Hunters can easily persuade a wild emu to come close by hiding in long grass and waving a colored handkerchief on the end of a stick. Where They Live Today emus live around the world on farms and ranches and in zoos. They can still be found running wild in the western part of Australia where the land is rugged and less-populated. Emus tend to avoid thick forest and desert areas and can live well in temperature extremes from 100? to below zero. They generally live mainly on grassy plains and dry open forests. Before humans came to Australia thousands of years ago, emus wandered all over the country. Emus are frequently on the move from place to place looking for new water and food sources and don’t stay in one place for very long. They are able to travel great distances at a fast pace. The only time they’re not on the move is when the males are sitting on the eggs and a short time after the chicks are born. After the chicks get old enough the flock begins to move again, though slowly. While emus usually travel in flocks they generally prefer to be alone with little to no need for company and mutual grooming. What They Look Like Some emus have an attractive bluish hue on their mostly feather-less neck. The intensity of the color varies based on the season of the year, changes in surroundings and behavior of nearby birds. When females are getting ready to lay their eggs their head and neck are covered with black feathers. They have two dull brown, hair-like feathers that grow out of each opening in the emu’s skin. The feathers are brown but after they shed their feathers, or molting, appear nearly black. They fade to a pale brown as the emu ages (just like humans get grey hair as they get older). The feathers are downy with no stiff vein running through the center like most other birds, which is part of why they’re flightless. The feathers towards the base of the spine are longer and are set wide apart, giving it a mop-like appearance. Emus only have tiny wings that are hidden under the feathers and are one-tenth the size of its total body. The emu’s short, pointed bill and three-toed feet are brown with a flat bottom that has a broad pad. They typically have golden brown eyes. Making Babies In the summer, when the hen finds a partner they will guard an area of about 30 square kilometers then scoop out a hole in the ground and build a nest. The nest is made of trampled grass in open or lightly covered country. The breeding doesn’t take place until cooler months. As the days get cooler and shorter, the males (or cocks) undergo a hormonal change and start to lose their appetites in preparation for sitting on the nest. The pair will mate every day or two and every second or third day the female will lay an egg in the nest. After the seventh egg is laid the male will get broody and will start to sit on the eggs. The male will not sit on a nest until at least five eggs have been laid. While the male emu sits on the eggs he will not eat, drink or even go to the bathroom. He can lose up to 20 pounds during this time, or about one-fifth its weight. They only stand long enough to turn the eggs, which is done about 10 times a day. Over the next eight weeks the male will survive only on accumulated body fat and the morning dew reachable from the nest. Emu eggs are easily identifiable due to their rather large size, about the size of a grapefruit, and greenish-black color. The eggs are not a uniform shade and can range from a light shade of green to almost black. The color of the eggs depends on the hen. A Baby Is Born†¦ After pecking its way out of the shell, a very active 10-inch tall, cream-colored emu chick emerges. They have brown stripes and dark dots on the head. The chicks go through a remarkable color-metamorphosis. As three-month-old chicks they turn an almost solid black color, and then change to a tan, brown and black mixture as they grow. The chick will leave the nest two to three days after hatching. The chicks will be guarded by the male for up to 18 months and he is the one who will teach them what and how to eat. If a male comes across a strange chick wandering, he will most likely adopt it providing it isn’t bigger than the chicks already in his care. Interesting Fact: Ratites are the only birds known to hatch identical twins. Two birds actually hatch from the same egg! This is not normal for birds and in the wild the hatchlings would rarely live more than a day or two. In captivity scientists have been able to watch emu identical twins live beyond 18 months. * The Emu is native to Australia and it is believed to have existed almost unchanged for over 80 million years. * Emus grow to approximately 6 feet tall and is the second largest bird in the world. * Emu and ostrich are totally different birds. The only similarity they share is that they are both flightless. The Emu is an omnivore. In the wild its diet consists of grains and seeds and small rodents, reptiles and birds. * Females can lay up to 60 eggs per season. The average egg production for a hen is 30 to 40 eggs. * The eggs are dark green and weigh 1 to 1 1/2 pounds (500 to 780 grams). * The male Emu incubates the eggs 50 to 60 days and then raises the chicks. * An Emu gro ws quickly and reaches its full height in one year. * Emus love water and are excellent swimmers. * Emus grow to approximately 6 feet tall. WRITTEN REPORT IN HEALTH AND SCIENCE Submitted By: Kyryn Aeiou U. Hernaez How to cite Emu and Ostrich Eggs Hatch, Papers

Saturday, May 2, 2020

Royal Caribbean Cruise Case Study free essay sample

The Royal Caribbean Cruises definitely lacked in many aspects of the Cycle of Capability. The article stated nothing about limitations and expectations of employees, employee recognition, how satisfied the employees were, employee referrals of potential job candidates, or employee/customer selection. However, since this case focused on technology, I can see that Royal Caribbean Cruise lines have incredibly well-designed support systems. With the leapfrog program in effect and several technological innovations Murphy implemented, the customer’s needs were not only met, they were exceeded. 1. ) After the arrival of CIO Murphy, the role and focus of the IT department changed drastically, in a positive way. Once appointed his new CIO position, Murphy made it clear that his main focus was on IT’s customers. One innovation that Murphy cited was linking the shore-excursion booking to the web. Before this had been done, shore excursions were a tedious chore for the cruise ship’s passengers. We will write a custom essay sample on Royal Caribbean Cruise Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This new innovation made customers happier, and decreased the costs. And since the passengers excursions were booked and payed for in advance, they would tend to forget and spend just as much money aboard the ship as they would before. Over 10 months, the approximate revenue was around $22 million. Another change was the onboard internet cafes and web access for the crew members. Charging the crew $0. 10/minute and the guests $0. 50/minute also drove the company’s revenue higher. Murphy initiated positive technological change to the cruise line, and it is no question that Murphy was the right man for the job. â€Å"Since Murphy’s arrival, there had been a 50% staff turnover in four years, and the revamped IT team had won significant awards in the past year. † The most effective IT change that Murphy introduced to Royal Caribbean was the Leapfrog project. 2. ) Leapfrog was a $200 million project which focused on supply chain, employee systems, and customers. The first aspect, supply chain, was â€Å"intended to rationalize the purchasing process, reduce costs, leverage RCCL bargaining power with vendors to get better prices, and improve inventory planning†. The second, employee systems, focused on upgrading the HR system in order to track employees. It also offers ship officers to access employee backgrounds, training certifications, and access to licensing. As for the third focus, customers, Leapfrog enables business users to view the customers and access the information through a single source, known as NexGenRes. By august, the Information Technology team had increased to 450 people, and their morale was higher than ever, making RCCL a tough competitor to other cruise lines. 3. ) After the events of 9/11, Royal Caribbean established a six person committee to discuss ways to boost revenue again. After carefully reviewing every option, Murphy and his team decided to cut 50% of the staff members. They then decided to consider leapfrog at a more appropriate time and able to finance the program. Although they suffered a catastrophic drop in business volumes, the 9/11 crisis encouraged the organization to be more focused and efficient. As stated in the article, â€Å"Murphy learned to respond more quickly by breaking IT’s goals into smaller projects and spreading them over a longer period of time to meet cash flow objectives. The idea of microstrategy allowed him to be more flexible and adaptive and to react faster to new environments. † I would recommend that the firm chooses the micro strategy stated above. The travel industry is forever changing, due to events such as the 9/11 crisis, and businesses need to be flexible in order to react fast. If firms aren’t able to adapt to new environments, then they will eventually cease to exist. ?

Monday, March 23, 2020

Chivalry Essay Example

Chivalry Essay Slaying dragons, fighting for honor, rescuing damsels-surely, these must make a knight.Georges Duby, in his work William Marshal:The Flower of Chivalry, challenges this stereotypical fairytale presumption by examining the demands and intricacy of the knights code of chivalry.This code, which played such an influential part in the choices made by the knights of old, still echoes in current customs. Completely immersed in the idea of chivalry from the earliest days of childhood, the demands of chivalry lived and breathed within each knight.Each story he heard, every song he sang emanated the rules of the ethic (86).Loyalty stood foremost among the requirements.A man was expected to keep his word, never betraying his sworn faith (86). But such an expectation was not always the truth, as the knight measured his loyalty according to a strict hierarchical framework (86). Should loyalties conflict, the knightfirst remained loyal to those closet to him politically.Faith owed to more distant allies proved rather flexible when eclipsed by stronger ties (86).With this hierarchical loyalty, no one could take offense at being displaced by a closer commitment (86). Stepping 800 years into the future, relations continue to emphasize the importance of loyalty.Siblings stand up and fight for each other.Husbands and wives take vows to remain loyal to each other.Sports players bond both on and off the practice field.All kinds of clubs, groups, and even gangs not only count on, but also depend on the loyalty of their members for survival.In addition to forming such personal loyalties, we as Americans weave ties to intangible elements.We swear allegiance to the American principle, rather than to an individual such as the President.We remain loyal to religious ideas instead of a particular priest or pastor.Through the adoption of these loyalties, our present society steps beyond the knight Chivalry Essay Example Chivalry Essay In the medieval period kings appointed knights, these knights pledged to follow the Code of Chivalry.I am lady Stephine of Blanchard; I have chosen a vow of courtesy for one week.Courtesy is one of the virtues of the knights Code of Chivalry. I have a sinecure part time job working at a local coffee shop.On Saturday one of my regular customers came in with a gravitas look of depression and dejection.I asked what the problem was and asked if I could help; trying to alleviate his problems, but the customer wouldnt reveal any details making me feel like I had only agitated the problem.He just said he felt like crawling into bed, pulling the sheets up over his head and staying there for a few years.I knew exactly how he felt. Before he left, I handed him a bag along with his coffee.He looked at me ambiguously because he hadnt ordered anything but coffee.He opened the bag and saw I had given him his favorite type of doughnut.Its on me, I told him prodigally.Have a nice day. My kind deed w as becoming perceptible as he smiled and thanked me before turning and heading out the door. As the days passed I had plenty of complaining customers, but anytime I felt depressed or frustrated, I thought back to the man from that day and how consequential kindness made his bad day so much brighter and its leavening brightens my day too. Wednesday I had to stop by Winn-Dixie on my way home to pick up a gallon of milk for my mom. As I was leaving the store I noticed a tenuous elderly woman attempting to push her shopping cart across the parking lot.The jovial woman was having immense trouble completing her task, so I sat my bag to the side and helped the lady and her shopping cart to the car.I would have been successful at completing my vow of courtesy by helping the lady except for the dissension when we reached the car, sitting in the drivers seat was a procrustean young woman

Friday, March 6, 2020

i am a good guy

i am a good guy Station 1Station 1 Part 1 (10ml Graduated Cylinder)Trial 1Trial 2Trial 3Total mass60.61g60.8560.5Mass of 100ml Beaker52.2652.2752.10 0.01gVolume9.8010.009.90Trial 1Trial 2Trial 3Total mass60.25g61.0660.17Mass of 100ml Beaker50.0750.1351.00 0.01gVolume10.010.110.0Sample Calculation of Trial one with the 50ml graduated cylinTrial 1:Gross Mass: 60.35 Beaker Mass: 50.07Difference between mass: total mass- Beaker Mass = difference between mass60.2552.07= (60.35g-52.07g)(0.01g+0.01g)=10.1810.18Volume: 10.180.5ml=10.00.51% mlDensity = difference between Mass/Volume= (10.18/10.0)=1.0185.2%=1.02 (g/ml)Sample Calculation for Percentage Error:The density of water is 1g/mlDensity= Mass/VolumeActual Result: 0.8420.006(g/ml)The formula for calculating percentage error is (your result- accepted result)/accepted result.(1-0.847)/1*100%=15.3%Trial1Trial 2Trial3Observation #10.8520.8580.854Observation #21.021.080.917Percentage Error:Trial1Trial 2Trial3Observation #114.8%14.2%14.6%Observation #22%8%8.3 %Station 2Trial 1Trial 2Trial 3Total mass (with Beaker)60.350.01_g61.090.01g _60.350.01gMass initial (dry 100mlbeaker)52.26 _0.01g_52.27 _0.01g52.100.01gVolume9.80 _0.05ml_10.000.05ml9.900.05mlTrial 1Trial 2Trial 3Total Mass63.260.0161.2500160.240.01Mass initial52.200.0152.070.0151.900.01Volume10ml10ml10mlSample Calculation:Volumetric Pipette Trial 1Density Calculation:Mass -Mass Initial = Net mass of waterSome Mixture Properties of Ethanol and Water de:Da...63.260.01g -52.200.01g=(63.26-52.20)(_0.01_+_0.01)_ _=11.06 _0.02_gmass of water / volume of water = density of water11.06g / 10ml= 1 g/mlLiquid Density = 1g/mlPercentage Error Calculation:(Real Value-Ideal Value)/Idea Value(1-1)/1=0DensityTrial 1Trial 2Trial 3Observation 10.8320.006g/ml_0.8820.006g/ml _0.8820.006g/ml _Observation 21g/ml1g/ml1g/mlStation 350ml ethanol100ml waterMass final40.9941.2041,1459.1659.2159.24Mass initial...

Tuesday, February 18, 2020

Internal Controls Assignment Example | Topics and Well Written Essays - 750 words

Internal Controls - Assignment Example The Sarbanes-Oxley Act of 2002 was passed generally for the purpose of restoring investor trust and confidence. The demand of the government, investors and the American public sought a standard and guarantee on the accuracy of financial reports. So, Section 404 of the mentioned law was strictly devoted in requiring management to assess and report on the effectiveness of internal control over financial reporting or ICFR. Bergen (2005) reported that â€Å"the concerns through making executive more responsible for company accounting statements, redefining the relationships between corporations and their auditors, and restructuring the internal audit systems of public corporations.† Section 404 of Sarbanes-Oxley Act of 2002 has also been experiencing issues regarding its implementation. The legislation of the law â€Å"has been subject to furious debate amongst corporations, auditors, regulators and others.† The internal control policy has cause extremely high costs especia lly for smaller companies and early results left the benefits unclear. A number of academic and professional researches have grown to support the lack of transparency in accounting and corporate governance is growing larger. The researches show the significant cost attached to the internal controls. One â€Å"concludes that corporations with Internal Control Deficiencies (ICDs) as defined by section 404 – companies which are naturally more susceptible to accounting irregularities – pay the price through higher cost of capital and lower stock price returns.† Ockree and Martin (2009) investigated on the internal and external impacts of the financial reporting requirements in internal control. Stock price was one of the external reactions their study had put focused on. In their study, stock prices were tracked for the three years following the announcement. They compared the data to a broader market measure of comparable companies. The results were surprising thou gh a bit expected; the average return for the study group during that period was only 1.68%, while the broader market had a 17.28% return. There was a higher rick in that period of relative growth. Ockree and Martin also studied the insiders who traded stock during 2007 to be able to measure the risk in that particular sector. Two years after the announcement, it was found that there were three times inside buyers than seller compared to the broader market. Further, the size of the insider’s sales was over eight times larger compared to the buys. With the effect of internal controls to the company’s stock price, we can say internal controls do have inherent limitations and the risk can’t easily be foreseen or eliminated. On the other hand, there is a risk of weakening internal controls if we modify the existing system. Internal controls can result to various limitations to the organization functionality and economy. Its limits can affect the effectiveness of int ernal controls and may result to system omission human factors, resource constraints, or lack of system flexibility. For example, internal control processes in an organization may not reflect changed operating conditions, specific agency activities or potential new risks. It can cause collusion of staff members to be able to achieve their own personal gains. And in