Mary Kay Ashs Essay Example for Free

Mary Kay Ashs Essay Story By phoebe Mary Kay Ash was a famous American businesswoman and the founder of Mary Kay Cosmetics. She started her business with a small investment of $5000 in 1963, and soon became one of the most successful business women of her time. Mary Kay Ash was born on 12th May, 1918 in Hot Wells, Harris County, Texas. Her childhood experiences shaped the future of this visionary woman, and with a significant impact to the American history. Due to the illness of her father, her mother worked for 14 hours a day at a local food restaurant to take care of the family, while Mary Kay looked after her father along since she was young. Her mother always put the â€Å"you can do it† spirit in the young Mary’s mind. One time, Mary Kay’s mother went to work and she needed to take care of the illness father at home alone, she had to decoct medicine herbs for her father but she didn’t how to do it. So she called her mother to teach her step by step on the phone, but little Mary Kay was afraid, but her mother said to her gently †you can do it † . Finally, she did it. Since then, this sentence has inspired her when she encountered difficulties. When she was only seventeen years old, she married Ben Rogers then soon had three children, while her husband went to serve in World War II; she took the job of direct selling of books. Due to her amazing marketing skills, she earned an amazing $25,000 in just six months. While Mary Kay was enjoying her professional success, things at the personal front weren’t that smooth. Her husband was killed on the battlefield, and left her with three children. After her divorce, Mary Kay took up a job with Stanley Home Products, a direct sales firm. She became very successful in selling home care products but didn’t get enough recognition for her work. Her supervisors not only didn’t appreciate her work but also never raise her salaries. However, if a man did what she has done, somehow he can get an award. The inequality between men and women are very obvious in her workplace. So finally she resigned after worked very hard for 25 years in the firm, at the same time she learned a very important lesson of her life that men could not believe that a woman can be successful in business. Mary Kay turned her attention to writing a book, which eventually changed the course of her life and became a plan for her dream company that had innovative marketing plan for women. But her accountant said that she will close down if you start to open it. It’s impossible, She has seen many of these cases that many people went bankrupt within six month. But Mary Kay never heard of it, she believed that she can do it well. In 1963, with an investment of $5000, only a 500 sq. feet store in Dallas, Texas, Mary Kay and her nine zealous beauty consultant started the Mary Kay Cosmetics Company; it was a direct cosmetic products selling company. In the first year of operation, they made a staggering profit of $200,000. In the two years time, Mary Kay Company was selling products worth one million dollars. By this time, the company she created had become a worldwide enterprise with representatives in more than 30 markets. She applied the strategy of giving incentives over good work and started by giving pink Cadillac to the top salespersons of the year. The other incentives included diamond jewelry, bumblebee pins, and 5-star vacations. This strategy really worked and became one of the reasons for company’s success over the years. If you want, do it, you can, this is her famous wisdom and realized the dream for women and a better life of abundance with heart. She also published three best-selling books during her lifetime. Her book, â€Å"Mary Kay on People Management†, another best seller was included in the business courses at Harvard Business School. Mary Kay received many honors and awards during and after her lifetime. In 1976, she received the Hall of fame Award from Direct Selling Association. Two years after that, in 1978, she got the Cosmetic Career Woman of the Year Award from the Cosmetics Career Women, Inc. The same year she received the Horatio Alger Distinguished American Citizen Award from Horatio Alger Association and so on. Mary Kay Ash passed away on 22nd Nov, 2001. She was buried in the Sparkman-Hillcrest Memorial Park Cemetery in Dallas, Texas. She is the greatest women I paid my full respect to her. She gives women the courage to fulfill our dream not only in Mary Kay Company but also another business sectors and proved that not only men can be successful in business but also women can be. Yes, she did it. It’s a very good piece of work, the detail information are very clear. But it will be a good idea to give one or two more examples on how she relate idea of â€Å"you can do it† in her later successful business life.

Thurgood Marshall Essay -- Biography Marshall judge

Thurgood Marshall was an American jurist and the first African American to serve on the Supreme Court of the United States. Prior to becoming a judge, he was a lawyer who was best remembered for his high success rate in arguing before the Supreme Court and for the victory in Brown v. Board of Education. Marshall was born in Baltimore, Maryland, on July 2, 1908. His original name was Thoroughgood but he shortened it to Thurgood in second grade. His father, William Marshall, instilled in him an appreciation for the Constitution of the United States and the rule of law. Additionally, as a child, he was punished for his school misbehavior by being forced to read the Constitution, which he later said piqued his interest in the document. Marshall was a descendant of slaves. Marshall graduated from Lincoln University in Pennsylvania in 1930. Afterward, Marshall wanted to apply to his hometown law school at the University of Maryland School of Law, but the dean told him that he shouldn't bother because he would not be accepted due to the school's segregation policy. Later, as a civil rights litigator, he successfully sued the school for this policy in the case of Murray v. Pearson. Instead, Marshall sought admission and was accepted at Howard University. He was influenced by its dynamic new dean, Charles Hamilton Houston, who instilled in his students the desire to apply the tenets of the Constitution to all Americans. Marshall was a member of Alpha Phi Alpha, the first intercollegiate Black Greek-letter fraternity, established by African American students in 1906. Marshall received his law degree from Howard in 1933, and set up a private practice in Baltimore. The following year, he began working with the Baltimore NAACP. H... ...anuary 24, 1993. He was buried in Arlington National Cemetery. He was survived by his second wife and their two sons. Marshall left all of his personal papers and notes to the Library of Congress. The Librarian of Congress opened Marshall's papers for immediate use by scholars, journalists and the public, insisting that this was Marshall's intent. The Marshall family and several of his close associates disputed this claim. There are numerous memorials to Justice Marshall. One is near the Maryland State House. The primary office building for the federal court system, located on Capitol Hill in Washington D.C., is named in honor of Justice Marshall and also contains a statue of him in the atrium. The major airport serving Baltimore and the Maryland suburbs of Washington, DC, was renamed the Baltimore-Washington International Thurgood Marshall Airport on October 1, 2005.

Advantages and barriers of harmonizing International Financial Reporting Standards throughout the world Essay

The development in international trade and capital flows that has occurred over the previous two decades has increased the desire to harmonise accounting standards across the globe. The appeal of international accounting harmonization has been extensively discussed. Numerous academics Ali, J M (2005), Adhikari and Tondkar (1992), Saudagaran (1997) argue that adopting International Financial Reporing Standards (IFRS) would bring great benefits to society, such as comparability of statements between countries, progression and development of capital markets and communication and relationships between multinational companies. It has also been debated by some Blake (199O), Nair and Frank (1981), Nobes and Parker (2004 ), Arpan and Radebaugh (1985), Deegan (2005) that with the rewards gained from harmonization come some barriers; economic consequences, nationalism and the lack of professional bodies. One of the most valuable features that would come from harmonization would be the comparability of international financial information. Currently there is great misunderstandings about the foreign financial statements, improving comparability would remove this issue and it would also eliminate one of the most significant barriers to the flow of international investment. Global harmonization would save time and money that is presently being spent on uniting differing financial information when more than one set of reports is required to comply with the different national laws or practice Blake (1990). It will also improve the tendency for accounting standards throughout the world to be raised to the highest possible level and to be consistent with local economic, legal and social conditions. Having one international accounting language is beneficial for the worldwide comparison of statements and understandability. Unifying accounting standards would also help the development and expansion of capital markets. Ali, J M (2005). In the last two decades the growth in capital markets has been very dramatic. This increase has brought about a number of issues. One concern is the variance in accounting disclosure standards and practices worldwide, which is concerning for a variety of different groups Adhikari and Tondkar (1992). IFRS would allow foreign investors, financial analysts and foreign lenders to have a greater  understanding of the financial statements of different international companies and they would be able to compare the investment opportunities which will help them to make the right investment decision. The group that would benefit the most out of the harmonisation of accounting standards would be the Multi-national companies (MNC’s) as the communication of financial information within the groups would become easier. With the harmonization of reporting standards it would be eas ier for MNC’s to fulfil the disclosure requirement for stock exchanges around the world. Many of the new foreign investment by MNCs is taking place in developing countries and at the same time that there has been a sharp decline in new investments in industrialized nations Saudagaran (1997). This means that due to the remarkable differences between financial reporting MNCs have to create numerous consolidated financial statements in regards to the regulations for each separate country. To do this it takes a great deal of time and resources, this problem would be eliminated by the adoption of IFRS. A subject of debate is whether the accounting regulators take the issue of economic consequences into account when deciding on whether to adopt the IFRS. Many companies do not take on the change as bringing change into their accounting standards will raise costs. This resistance may occur with the harmonization of accounting standards Blake (1990). Nair and Frank (1981) stated â€Å"national accounting group would lobby in this fashion in order to minimize the costs associated with changing to a new standard, or to avoid stigma of noncompliance if it chooses instead to ignore the new international standard†. It is also discussed that accountants may lose their credibilit y if they are to answer to the economic consequences pressures whilst it is also discussed that it is a vital matter if accounting regulations are to command general support. Blake (1990) provides evidence of how accounting standard setters were influenced by economic consequence issues in different countries. Economic consequence issues may cause diversity of accounting practices because they are a result of the national cultural and regulatory framework. One of the barriers for harmonization may be nationalism. Nobes and Parker (2004) advocate that nationalism will cause a refusal to accept accounting standards that is to be developed by other countries. Each country follows the belief that they have in place the better system and that other countries accounting  standards are of an inferior nature Arpan and Radebaugh (1985). Some countries that have faults and inadequacies within their standards will chose not to adopt the IFRSs as they can benefit from these ineffiecies. An example is given by Carlson (1997) who acknowledges that governments may view attempts by the IASC to alter national accounting rules as infringements upon national sovereignty. Developing nations and those which have been colonies of imperial powers are particularly sensitive to intrusions. Wallace (1990) identifies three reasons in favour of survival of the IASC/IASB, including the increasing internationalization of business and finance, the composite nature of its standards, and the absence of rival in the development of global accounting standards. Another political obstacle that may arise, which is discussed by Nobes and Parker (2004) is that there are several countries that are not in the presence of strong practiced accounting bodies. The IASB wanted to work through national accountancy bodies but this is an issue as they are not all countries have effective bodies. The IOSCO came forth with the suggestion of the adoption of IASB standards as an acceptable basis for the preparation of financial statements to member exchanges throughout the world. This means that a company looking for listing in another country does not have to adjust its reports to fulfil the specific national requirements if the reports are already in agreement with IASB standards Deegan (2005). The need for the harmonization of IFRS is definitely evident. As discussed earlier there are a great number of benefits that would arise from this progression. To provide a professional, developing and strong accounting environment it would be necessary. Despite the benefits there are a number of barriers and hurdles that need to be overcome in order to bring about the harmonization of international accounting standards. In order to ensure the uniform app lication of accounting standards across cultural and political boundaries IASB needs to ensure that there are strong audit practices and fair values applied in order to bring about the integrity of the standards.

Capital Punishment Should Be Abolished - 965 Words

Natalie Eisenmenger Ms. Haesemeyer Advanced Studies English 9 7 April 2017 Capital Punishment Over the centuries, capital punishment has fallen in and out of public support. In several countries, the practice has been overruled by law. In others, it is simply not exercised. More than half of U.S. states still practice capital punishment for capital crimes. Often, innocent people are sentenced to death because of circumstantial evidence. Capital punishment should be abolished in all fifty U.S. states because of the several alternatives to the death penalty and it accounts for numerous wrongful convictions each year. Capital punishment is a growing dispute among many Americans, as the citizens find ways to argue both sides of the†¦show more content†¦Because of this, an entire program has been dedicated to death row survivors who were wrongfully sentenced called Witness to Innocence (Evans). Without solid evidence, many cases are based solely on testimonies from eyewitnesses and essentially theories of how someone could be the culprit. Those convicte d and sentenced to capital punishment are often done so because of the response of human nature to seek retribution in the form of strident punishment for persons who have committed cruel crimes (â€Å"Life†). With cases being exonerated each year, many assume that it is okay for these innocent people, that they can plainly return to their old life. But most have lost countless years of their life along with their jobs, homes, money, friends, and family. Ray Krone was the 100th death row inmate in America to be freed after being wrongfully convicted of a capital offense. He was released after serving 10 years in prison, all the while being on death row, for a crime he had no involvement in (Evans). Blameless people, with lives, have everything taken from them, nearly costing them their lives, for a mistake their jury, judge, and prosecutors made against them. But those include only the lucky victims of this misunderstanding. There is a likely chance that many people were executed before being proven innocent. Because of the possibility of taking an innocent life, many Americans would prefer to use different methods onShow MoreRelatedCapital Punishment Should Not Be Abolished1541 Words   |  7 Pagestime, if a person committed a severe crime, like murder or rape, they were executed to maintain peace in the community and to bring comfort to those who knew the victim. Capital punishment has been used in almost every part of the world, but in the last few decades many countries have abolished it. The issue of capital punishment has been a sensitive topic for nations attempting a careful balancing act between prisoner’s rights and legal defense teams and society’s laws on cases of extreme gravityRead MoreCapital Punishment Should Not Be Abolished901 Words   |  4 Pagesgovernment (â€Å"Capital Punishment in the United States†). Capital punishment is being debated all over the world whether it is murder or justice for the crime they have committed. Statistics show that murderers often kill again after releasement from prison. The Bureau of Justice gives relevant statistics pertaining to murderers who were released from prison: in 1994 40.7% of murderers were arrested for a new crime within three years of release (United States Department of Justice). Capital punishment shouldRead MoreCapital Punishment Should Be Abolished1115 Words   |  5 Pagesjail time, house arrest, and/or having to pay fines. Crimes that are severe can lead to greater punishment, like spending life in prison. The most severe crimes can lead one to an equally severe punishment known as capital punishment. Capital punishment is the authorization to kill someone for the crime he or she has committed. Capital punishment, commonly referred to as the death penalty, should be abolished in all states because it can put innocent lives at risk, it costs millions of dollars each yearRead MoreCapital Punishment Should Not Be Abolished750 Words   |  3 PagesCapital Punishment Should Not be Abolished There are many reasons why the United States of America keeps capital punishment. These reasons include the deterrence theory, the idea of retribution, cost of prisons, and general safety of the public. First of all, I’m sure that you have heard of the deterrence theory. Deterrence is basically the fear of punishment; and even though it doesn’t prevent all crimes, the results are still undeniable. The deterrence theory is when criminals thinkRead MoreCapital Punishment Should be Abolished883 Words   |  4 Pages Capital punishment is the punishment of death for a crime given by the state. It is used for a variety of crimes such as murder, drug trafficking and treason. Many countries also have the death penalty for sexual crimes such as rape, incest and adultery. The lethal injection, the electric chair, hanging and stoning are all methods of execution used throughout the world. Capital punishment has been around since ancient times; it was used in ancient Rome, and one of the most famous people to be crucifiedRead MoreCapital Punishment Should Be Abolished1137 Words   |  5 PagesThe case for capital punishment Topic: why capital punishment should continue General purpose: To argue Specific purpose: my main aim is to convince the audience that capital punishment should be upheld. In other, the advantages of capital punishment outweigh its disadvantages. Introduction Capital punishment is also known as death penalty and it has been in existence since time immemorial. Throughout history, the death penalty has been used to punish a number of crimes that include murderRead MoreCapital Punishment Should Be Abolished1955 Words   |  8 Pagesit has become apparent that capital punishment should be abolished worldwide. Around the world, various countries continue to practice this brash, inhumane punishment. The legal system is intended to regulate citizen’s behaviour which aims to provide a smooth functioning society. When someone is sentenced to death, the legal system loses the â€Å"fair† aspect of the proceedings, as under no circumstances is the death penalty â€Å"fair†. Capital punishment should be abolished because it violates Section 12Read MoreCapital Punishment Should Be Abolished1135 Words   |  5 Pagesname -unknown. Nobody should ever have to hear these words. Especially coming from their own state the one that is supposed to protect their rights no matter what. Capital punishment should be abolished from the United States. The number one goal of the constitution is to protect the life of an individual and the death penalty passes by this. The death penalty is an easy way out of the crime, it is expensive, philosophers and even psychologists disagree with capital punishment and most important itRead MoreCapital Punishment Should Be Abolished Essay1293 Words   |  6 PagesApproaching the topic of capital punishment is difficult when looking at society as a whole. In the opinion stated by my class group, capital punishment should be entirely abolished due to the possibility of mistakes while sentencing. This idea relies on the basis that capital punishment has absolutely no purpose or benefit. Members of my group mistakenly used a utilitarianist point of view to argue their case, even though this view can be stretched to fit almost any argument. This paper will exploreRead MoreCapital Punish ment Should Be Abolished1439 Words   |  6 Pagesto outlaw capital punishment in America completely. We are meant to be better and bigger than this then why do w still have this barbaric law in practice it is inhumane, morally wrong and expensive. In my paper I will try to cover the taboo topic of capital punishment and why it should be abolished because if we as a society want to grow and advance in a sophisticated society we must abolish the death penalty all across the land. To begin with I must explain what capital punishment really is and