Maggie Lena Walker

Maggie Lena Walker Overview Maggie Lena Walker once said, I am of the opinion [that] if we can catch the vision, in a few years we shall be able to enjoy the fruits from this effort and its attendant responsibilities, through untold benefits reaped by the youth of the race. Walker was the first American womanof any raceto be a bank president and inspired African-Americans to become   self-sufficient entrepreneurs. As a follower of Booker T. Washington’s philosophy of cast down your bucket where you are, Walker was a lifelong resident of Richmond, working to bring change to African-Americans throughout Virginia. Achievements   First American woman to establish and be appointed as a bank president.  Established the St. Luke Herald, a local African-American newspaper.   Early Life In 1867, Walker was born Maggie Lena Mitchell in Richmond, Va. Her parents, Elizabeth Draper Mitchell and father, William Mitchell, were both former slaves who were emancipated through the thirteenth amendment. Walkers mother was an assistant cook and her father was a butler in a mansion owned by the abolitionist Elizabeth Van Lew. Following the death of her father, Walker took on a number of jobs to help support her family.   By 1883, Walker graduated at the top of her class. That same year, she began teaching at the Lancaster School. Walker also attended the school, taking classes in accounting and business. Walker taught at the Lancaster School for three years before accepting a job as a secretary of the Independent Order of St. Luke in Richmond, an organization that assisted sick and elderly members of the community. Entrepreneur   While working for the Order of St. Luke, Walker was appointed secretary-treasurer of the organization. Under Walkers leadership, the organizations membership increased tremendously by encouraging African-American women to save their money. Under Walkers tutelage, the organization purchased an office building for $100,000 and increased the staff to more than fifty employees. In 1902, Walker established the St. Luke Herald, an African-American newspaper in Richmond. Following the successes of the St. Luke Herald, Walker established the St. Luke Penny Savings Bank. By doing so, Walker became the first women in the United States to found a bank. The goal of the St. Luke Penny Savings Bank was to provide loans to members of the community. In 1920, the bank helped members of the community purchase an estimated 600 houses. The success of the bank helped the Independent Order of St. Luke continue to grow. In 1924, it was reported that the order had 50,000 members, 1500 local chapters, and estimated assets of at least $400,000. During the Great Depression, St. Luke Penny Savings merged with two other banks in Richmond to become The Consolidated Bank and Trust Company. Walker served as chairperson of the board. Community Activist   Walker was an avid fighter for the rights of not only African-Americans, but women as well. In 1912, Walker helped establish the Richmond Council of Colored Women and was elected as the organizations president. Under Walkers leadership, the organization raised money to support Janie Porter Barretts Virginia Industrial School for Colored Girls as well as other philanthropic endeavors. Walker was also a member of the National Association of Colored Women (NACW), the International Council of Women of the Darker Races, the National Association of Wage Earners, National Urban League, the Virginia Interracial Committee and the Richmond chapter of National Association for the Advancement of Colored People (NAACP). Honors and Awards Throughout Walkers life, she was honored for her efforts as a community builder. In 1923, Walker was the recipient of an honorary Masters degree from Virginia Union University. Walker was inducted in to the Junior Achievement U.S. Business Hall of Fame in 2002. In addition, the City of Richmond named a street, theatre and high school in Walkers honor. Family and Marriage In 1886, Walker married her husband, Armistead, an African-American contractor. The Walkers had two sons named Russell and Melvin.

Auditing Essay Example | Topics and Well Written Essays - 1250 words - 5

Auditing - Essay Example Fraud refers to intentional miscalculations in the financial records. An unqualified opinion concludes that the financial reports are of true and fair view of the actual state of the ground. Audit risk is made up of inherent, control and detection risks. Inherent risk is more likely to occur where transactions are of a complex nature or in situations where financial estimates are through judgment. This type of risk is the worst case as all controls have failed. Control risk is the probability of a material misstatement occurs in management assertion about a group of transactions or accounts. The risk of detection entails the severity and the procedures carried out by the auditor will not detect material errors that have occurred in the accounting records. Since the financial statement cannot be as a whole, the auditor has to identify areas of heightened financial risks (Earley and Phillips, 2008). Cash and cash equivalents form a heightened area of risk. Cash at hand can easily be lost in fraud related activities as it is a liquid asset. The material misstatement of cash and cash equivalent increases the amount of assets in the company that would hinder the auditor from giving the actual state of the company. The amount of cash balance is â‚ ¬ 15.2m a decrease from the previous year’s balance of â‚ ¬ 20.5m. The auditor should use analytical tests to determine whether the expenditures attributed to cash are true. Some compliance tests include: the comparison of previous years balances and significant changes in amounts and deviations from the trends. Accounts opened and closed throughout the year should be investigated. Computations of quick current ratio should be taken and compared to other previous years. Lack of consistency in these ratios may indicate a material misstatement in the cash and cash equivalent account

Organ Trafficking Solution Research Paper Example | Topics and Well Written Essays - 750 words

Organ Trafficking Solution - Research Paper Example India has been cited as one of the countries with the highest number of organ traffickers among other countries such as Philippines, Pakistan, Egypt and China. According to Shimazono (2007), organ transplantation is a therapy that is practiced on persons with dysfunctional organs and is practiced internationally. He notes that nations are illegalizing organ donations, and yet illegal organ trafficking still exists. Thus, he recommends that vulnerable individuals should be protected by these nations as a form of curbing and controlling this illegal activity. Among the main organ exporters, India contributes much to the illegal trade since many of the organ traffickers sell these organs to foreigners in the country (Shimazono, 2007). Organ transplant according to Shimazono has serious effects and consequences on the lives of the affected individuals. Regrets, discrimination, and depression, are some of the effects of organ trafficking causes on the victims. MOHAN, which is an Indian non-government group, supports the legal donation of organs in India and thus demonizes organ trafficking as an inhuman and illegal business. Many economic and social challenges force Indian young men to engage, in these dubious businesses, to sustain themselves. An urgency to control and curb the illegal business is needed in India and the government, researchers and Indian policy workers are working so hard to erad icate the practice. This essay aims at offering the solution to the problem of organ trafficking. Organ trafficking has become a contentious issue, which many governments and international organizations are trying to solve. The international community has been on the far front line in curtailing the organ trafficking business with a number of countries joining to coming up with policy solutions (Kelly, 2013). Some of the countries aim at reducing the

Octopus System Essay Example for Free

Octopus System Essay In our group’s case study report, we will examine the use of Octopus system in the education sector. Octopus system is a widely used e-Commerce technology in Hong Kong, covering a variety of industries including transportation, retail, restaurants, and more. Tsung Tsin Primary School is the main focus of this case study. The school uses the Octopus system extensively, integrating into student and staff information, attendance, educational activities, payment, and communications. We will look at how using the system can help achieve the school’s missions. In order to describe the business case, we will analyze the benefits of adopting the Octopus system in an educational environment, comparing with the traditional methods of performing similar processes. The feedback from Tsung Tsin Primary School has been very positive; however there are associated costs, risks, and challenges. In our case study, we will also discover the potential or existing issues with the implementation and maintenance of the systems. With personal identification store in the Octopus cards and the server, we also have concerns regarding to the security and privacy of the system. We will analyze the current security measures and suggest changes to enhance the protection. Finally, we will provide recommendations for extending and further improving the use of Octopus and other e-Commerce technologies in Tsung Tsin Primary School. We will also look at the feasibility of adopting the Octopus system in other types of educational institutes.

An International Writing Perspective :: Essays Papers

An International Writing Perspective Introduction: â€Å"Writing has become one of the most neglected skills in the business world, yet one of the most important to productivity,† states Lin Grensing of the Associated Press; Mrs. Gensing based these findings on surveys with US executives (Hansen). If this conclusion is valid, then a key question follows -- Why are so many universities producing mediocre writers, considering that an individual who writes effectively will stand out in the work force? This question has been the subject of a long debate focusing not only on the importance of writing but the method needed to implement a solution. There are numerous concerns about student writing, and therefore many people have turned to different areas of education for the answer to improving students’ writing. One question, which deals with this subject is, â€Å"How do American students compare with international students, and are there any differences in the educational systems with respect to writing emphasis?† Th is â€Å"International Perspective,† the topic of this paper, is a comparison among cultures, students, schools, and their writing. There are hundreds of countries in the world, each with their own educational system in place. Although most countries view writing as a necessity for students, only a handful have begun the initiative of requiring writing in a university setting. Therefore, this paper will compare writing characteristics of countries with similar economic and cultural positions as the United States, including Canada, Britain, and Australia. Furthermore, this paper will identify the degree to which writing plays a role in each countries educational system and will develop an understanding of how countries view writing as a method to adequately prepare graduates for the business world. Summary: There are many studies around the world, comparing the writing abilities of high school students among countries. In many cases, the United States continuously ranks far below its competitors, including the most recent rankings presented in 2002 by the U.N. Children’s Fund (UNICEF), who has ranked the United States 18th out of 24 countries when comparing the percent of 15 year-olds falling below key educational benchmarks; Canada, Australia, and Britain all ranked in the top 7 (CNN.com). During the 1999-2000 school year, American students tested in grades 4, 8, and 12 scored below minimum criteria set by the National Assessment and Governing Board. This board outlines the essential basic skills deemed minimal to meet academic standards, including writing proficiency. It was found that students who learned certain forms of writing, such as â€Å"process writing,† performed better on the exam, since they were taught how to analyze their ideas (Nations Report).

A Look at what made Hitler such a Powerful Leader in Germany

Adolf Hitler can be said to have had perhaps more impact on the history of the modern world in the 20th century than nay other politician.   He rose from an arguably obscure background to become a most powerful leader of the German nation.A look into his early life reveals a man without a clear vision who only discovered his purpose out of a deep passion for nationalistic and anti socialistic politics.   It would seem that without the circumstances of his day, Hitler’s demagogic gifts would barely have been unveiled.Throughout his wandering from his hometown of Linz to Vienna and finally in Munich Hitler kicked the vision and self-confidence that later characterized him.His turning point was when he joined the army.   He shortly was listed by the Bavarian Army’s Intelligence/propaganda section.   This new assignment proved most suitable for him.   His rise to become the leader of the German people initially came as a surprise even t himself since he did not co nsider himself a leader especially due to his lack of formal credential.This paper examines Hitler’s rise to become one of the most influential leaders who exercised supreme authority over a people who had followed him with almost blind faith.   The paper looks into his background and his progress from a low social position to the helm of Germany’s leadership.   It places emphasis on the circumstances that allowed him a rise to the powerful leadership position.Early Years of Adolf HitlerA thorough examination of what made Hitler a powerful leader cannot be complete without looking at the various phases of his life.   Adolf Hitler was born in 1889 to Alois Schickelgniber and Klara Hitler in Braunau.   His father Alois was a custom official described as a strict man, while his mother was an adoring woman who loved his son and showered him with affection (Clemens 45).Hitler’s schooling was cut short at the age of sixteen not long after the death of his fath er.   He suffered from long infections and therefore failed to impress in school.   At this time his skills as an artist were budding and he aspired to join a prestigious art school in Vienna.   After these endeavors failed, Hitler wandered in Vienna eking a precarious existence selling hand script artwork and engaging himself in nationalistic politics (Bullock, 289).In Vienna Hitler developed his prejudicial attitude towards the Jews but was not openly hostile to them as yet.   Ironically some of the friends who helped him sell his paintings in Vienna were actually Jews.   He also honed his skills in debating and was tending very strongly towards anti-semitic convictions.In 1913 Hitler left Vienna for Munich after receiving the last of his father’s estate. Shortly afterwards, he volunteered in the Bavarian army where he soldiered in France and Belgium.   He twice received the Iron Cross for bravery.   However, he never rose beyond the rank of a corporal (Mommse n 38).

Take Home Assignment Law, Business And Society - 1307 Words

TAKE HOME ASSIGNMENT – LAW,BUSINESS AND SOCIETY. Submitted in partial fulfillment for the award of the degree of ‘MASTERS OF BUSINESS ADMINISTRATION’ By KRITHIKA YAGNESHWARAN 2016-2MBA-17 Introduction- Cab aggregators like Ola and Uber have always been the last minute go-to for attending any meeting, parties or to reach a destination on time. The passengers find the application convenient as the fares and the driver details are clearly mentioned. The estimated time of arrival helps to plan ahead of time and the cab reaches at one’s doorstep on the mentioned time. Features like Ola auto and Ola share of Ola, have catered to the needs of the mass market and the cab aggregators now enjoy a significant market share. However, the dark side of this system has slowly come into limelight. Shiv Kumar Yadav, an Uber driver was arrested for allegedly assaulting a woman passenger in Gurgaon. On further investigation the police found out that, Shiv Kumar Yadav was a drug addict and a school dropout. On interrogation, Shiv Kumar confessed that he strategically baited women looking for rides outside Gurgaon mall. He also claimed that he did a reconnaissance on the police operations and thus he knew how to get away from the earlier committed crimes. He didn’t anticipate that he would get caught red handed as he had already fled the city and proceeded towards Mathura after switching off his phone and discarding his sim. The above mentioned case is just one among the manyShow MoreRelatedBenefits Of A Formal Pay Strategy For The Administration Of Compensation Plans1571 Words   |  7 PagesLOYOLA UNIVERSITY CHICAGO QUINLAN SCHOOL OF BUSINESS GLOBAL HR – HRER 422 WINTER TERM 2015-2016 ASSIGNMENT: Final Exam PROFESSOR: SCOTT, DOW (PHD) Name: PLACIDO, ELIANA Email: (EPLACIDO@LUC.EDU) CellP: 773 – 971 – 4997 â€Æ' 1. 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