A Wharton I-Banking Intern Made $25K A Month!

A Wharton I-Banking Intern Made $25K A Month! by: John A. Byrne on May 03, 2017 | 0 Comments Comments 8,289 Views May 3, 2017Undergraduate students at The Wharton SchoolWhat are the highest paid summer internships for business majors?Year after year, the most money tends to go to students who work those hellish hours on Wall Street. Students lucky enough to land a number-crunching job at a hedge fund or an investment banking firm may have little time to spend their money, but they can take some pleasure in knowing that few other interns bring home the bacon like they do.At the University of Pennsylvania’s Wharton School, known as a school that offers a straight path to Wall Street, i-banking interns last year pulled down average monthly salaries of $7,091 while those who landed summer jobs at hedge funds were paid $8,390 a month. That is even higher than a recent report from Glassdoor, the job site, which claimed that the highest paying interns work for Facebook at $8,000 a month.OLIN UNDERGRADS REPORT GETTING $5K A MONTH IN CONSULTING FINANCEBut that’s the high end. In general, what can rising juniors and senior expect from a quality summer internship job? We examined the 2016 employment reports from some of the leading undergradute business programs to find out. Several schools, including the University of Virginia’s McIntire School of Commerce and Indiana University’s Kelley School of Business, report internship pay by the hour. Other undergraduate business programs, including No. 1 ranked Washington University’s Olin School of Business and Wharton, pony up monthly averages or medians. Whatever the case, these often detailed reports provide a solid benchmark on what you can expect to make over the summer months.Median Monthly Intern Pay For Olin UndergradsSource: Olin undergraduate employment reportAt the Olin School, the highest paid salaries went to students who interned at financial service or consulting firms: $5, 000 monthly median pay in both industries. Undergrads who landed interns with the strategy consulting firms made the most in that sector: $5,500 a month. Those who went the finance route and accepted internships with i-banking firms were the highest paid of all, with $7,100 median monthly salaries.Among the lowest paid interns at Olin last year? Customer analytics and research jobs in marketing paid just $2,800 a month, while those in merchandising forked over just a hundred bucks more per month at $2,900. Yet, there are some surprises in the data. Some Olin undergrads who did internships in finance (in a category merely called ‘other’) were also paid only $2,900 a month, the same salary paid to students who took internal consulting jor strategic planning obs at companies.GEOGRAPHY ALSO PLAYS A ROLE IN HOW MUCH AN INTERN CAN MAKEAt Indianas Kelley School, the highest paid majors—making an average $25 an hour—were accounting and business economics and publi c policy. But there was a wide variation in pay both within those majors and other specializations. Some interns who landed marketing jobs, where the average pay was $18 an hour, reported getting paid as little as $7 an hour or as much as $39. The range in accounting was between $10 and $45 an hour.Besides industry and position, geography also plays a part in determining how much money a student can make during the summer. For McIntire undergrads, the average hourly intern salary was $23 an hour, although students taking summer jobs in the northeast averaged $28, while those in either the midwest or southwest reported getting $20 an hour. The lowest hourly pay for a UVA business major? A mere $11 an hour in China. At the University of Michigans Ross School of Business, undergrads who worked in the New York metro area last year reported monthly intern pay averaging $7,080, compared with $4,507 in the San Francisco Bay Area, $3,467 in Detroit or Minneapolis.Regardless of what undergra ds were paid, the really good news was the high percentages of students who landed internship. At Kelley last year, it was 94% of the students in the Class of 2017. At Wharton, 93% of the students were successful in gaining paid, full-time  summer opportunities. And at UVAs McIntire, 92% of the undergraduate Class of 2017 boasted internships  during the summer prior to their fourth year.LARGEST SINGLE INTERNSHIP EMPLOYER AT WHARTON? MORGAN STANLEYIf money is important, however, finance is often the place to go. Interns in private wealth management from Olin reported median monthly pay of $5,800, those in sales and trading or commercial banking made $5,000 a month, and students in capital markets and research took home gross pay of $4,800 a month.If you annualize summer intern pay, the money for an undergraduate business major can seem even more impressive, particularly when compared to the the Bureau of Labor Statistics which shows that for full-time wage and salary workers annu al pay comes to just $44,460. Michigan’s Ross School says its undergraduate interns in financial services would have made $84,968 on an annual basis or $62,400 in consulting and $54,076 at tech firms. The internship lowest pay—on an annual basis—is in real estate where the annual number is just $21,836.The most detailed accounting of summer internships for business majors is published annually by the Wharton School and it is packed with valuable information. Among other things, it will hardly be surprising to many that the top five internship-hiring companies at Wharton last year were all financial heavyweights. Morgan Stanley employed 22 Wharton undergrads last summer, while JP Morgan Chase hired 14 and Goldman Sachs had 13 in its employ. Credit Suisse (9) and Barclays (6) were the next major internship employers of Wharton students (see table below).MAJOR INTERNSHIP EMPLOYERS OF WHARTON UNDERGRADSSource: Wharton internship report for 2016 Page 1 of 41234 »

Question of Police Brutality - Free Essay Example

Police Brutality: A Bitter Outcome Proceeding the Relationship Between Frustrations and Aggression This article examines the nature and scope of police brutality and the various strategies tried to reduce and punish police misconduct in the USA. The extent of this research proposal is not for the uprise of any rebellion of sort, yet it is to take notice to the inequalities and social injustices that have been occurring for decadents. Beaten, coerced, tortured, and even murdered all in the name of solidifying the dysfunctional institutions in which the U.S. founded. The police brutality phenomena, here in America, has been in existence for centuries dating as far back to the Middle Passage as the formidable historical features of American policing which are: Institutional enslavement and the control of minorities. The plantations overseer, slave patrols, and night watches were American societys policing institutions; and the reason for the mentioning of these policing institutions is to explore and exploit the similarities between the slave patrols and modern American policing. Based on published articles, African- Americans have been an adversary to the inequalities of white supremacy that has led to the marginalization, oppression, as well as disproportionality and disparities effective on the African- Americans. To add to this claim, we will examine and explore the history of police brutality. In addition, we will examine how race and racism may shape such discourse†police brutality and how the public generally perceives the police. Lastly, we will examine and analyze the psychological causality of police brutality; and with such analysis facilitate the framework for an approach as an interventional implementation into policy for DCs governance. The History of Police Brutality Traced to a multitude of historical, legal, and political- economic conditions is the birth and development of American police. Slave patrols and Night Watches are now the modern police departments, both designed to control the behaviors of the minorities. The formidable historic features of American society are the institution of slavery and the control of minorities that shaped early policing. Moreover, policing was not the only social institution enmeshed in slavery, whereas slavery has institutionalized in American economics and legal order. For instance, Virginia, where more than 130 slave statutes between 1689 and 1865 enacted (Kappeler, 2018). Every occurrence of police brutality is, on one level, a tactical response as a contemporary form of White domination (Harris, 1998) where the legacy of racism and slavery did not end after the Civil War. In all actuality, extreme violence towards African Americans and other racial minorities had become worse during the reconstruction era (Kappeler, 2013). In the 1860s, the rise of vigilante groups had given way where the most infamous American vigilante group, the Ku Klux Klan notorious for their assaults and lynching Blacks for transgressions that were not crimes (Kappeler, 2018). These events occurred for an extended duration whereas minorities were beaten, coerced, and hung (Kappeler, 2018). Some of these behaviors are prevalent within the modern day American policing and the U. S. criminal justice system (Chaney et al., 2014; Chaney et al., 2014; Kappeler, 2018). Race and Racism Leads to Police Brutality and Shape Public Perceptions of Police Racism is a system where it has been fed from generation to generation as its effects are to staining and tainting the innocent and tranquil minds. According to Chaney (2013), race and racism have led to police brutality (Chaney et al., 2013; Chaney et al., 2014). The mind controls the body, moreover, the stereotypes, prejudices, and discrimination are all aspects of where perspectives are exemplified through behavior (Jones et al., 2014). Chaney (2013) cites Myrdal (1944) presentation of the historical legacy between Black and law enforcement stating: The average Southern policeman is a promoted poor White with a legal sanctionto use a weapon. His social heritage has taught him to despise the Negroes, and he has had little education which could have changed him. The result is that probably no group of Whites in America have a lower opinion of the Negro people and are more fixed in their views than Southern policeman (Chaney et al., 2013; Myrdal, 1944, pp. 540541). The stereotypical perceptions and perspectives lead to discriminatory and prejudicial behaviors where these notions are being learned, therefore marking that racism is of learned behavior (Jones et al., 2014). As mentioned, racism is a system that starts with stereotypes, that leads to discrimination, that leads to prejudices, which leads to racist perspectives and lifestyles (Jones et al., 2014). In the following section we will discuss the premises of the applicable nature of psychodynamic theory towards the explaining of prejudices where humans have the disposition to be hostile, particularly in the face of real or perceived danger. Hostility arises from concerns with economic or material advantages, fear and defensiveness, and the need for prideful self-aggrandizement as these concerns suit the eccentric performance: lethal policing as American policing. When Rodney King endured a brutal beating via the Los Angeles Police Department (LAPD) on March 3rd, 1991, he instantly came to be the face of American police brutality. This atonement was the reality for the generally accepted notion by most Blacks of this pervasive persistent problem police brutality. David Bayleys Getting Serious about Police Brutality illustrates a New York Times- CBS poll where 51 % of the public, white or black, believed that police were tougher on Blacks than Whites (Bayley, 1995), and to the contrary Chaney (2013) findings from the 2001 Race, Crime, and Public Opinion Survey conclude that for the 1,988 participants which involved 978 non- Hispanic Whites and 1,010 Blacks, expressed a divide in attitudes between Blacks and Whites, whereas 38% of Whites and 89% of Blacks viewed the criminal justice system as being bias towards Blacks (Chaney et al., 2013). Furthermore, 8% of Blacks and 56% of whites perceive the criminal justice system as fairly treating Blacks (Chaney et al., 2013). This is the probability of the police performance being overwhelmingly approved by the dominant group †White domination.White supremacy (Chaney et al. 2013). Nonetheless, police brutality is an issue as David Bayleys Getting Serious about Police Brutality illustrates, here the remarks of one experienced chief of police when asked whether his force had a problem with brutality, he stated, Every force has a problem with brutality (Bayley, 1995). His statement neither negates nor confirm the phenomenon of police brutality as an issue, but it does infer that the phenomena police brutalitys prevalence consists nationally, here in the U. S. The National Police Misconduct Statistics and Reporting Project (NPMSRP) used by Chaney (2013) yielded results that expressed its findings of the 5,986 reports of misconduct, 382 fatalities linked to misconduct, settlements and judgments that totaled $347,455,000, and 33 % of misconduct cases that went through to convictions and 64 % of misconduct cases that received prison sentences (Chaney et al., 2013) where the NPMSRP were compiled between the months of April 2009 and June 2010. The NPMSRP reveal that the majority of individuals have a negative view of law enforcement. In particular, most had a strong contempt for members of law enforcement, are suspicious of them, or see them as perpetrators of police brutality (Chaney et al., 2013). It shouldnt be a crime just for being Black, nor is it a crime to have faulty perceptions of the indentured servants that have sworn to protect and service our (Black) communities; yet these perceptions should not be rooted because of interventional implications of implementing policies to the dysfunctional American policing that would give way to just treatment and fairness to all citizens. The Psychological Causality of Police Brutality There are three theories pertaining to police misconduct †as these theories of police behavior are sociological, psychological, and organizational theory (Maguire et al., 2015). Here we will examine police brutality by applying the theoretical approaches as sociological, psychological, and organizational theories. Proposed by the known psychologist, Sigmund Freud, states that psychological processes represent flows of psychic energy that are powered by two basic motivations that shape all of the human behavior: the life instinct (Eros) and the death distinct (Thanatos) (Jones et al., 2014). Experiences from childhood and conflict from childhood are influential to the combination of these forces to determine individualistic personality and, ultimately, her/ his biases towards different people (Jones et al, 2014). There are three premises to the applicable nature of psychodynamic theory towards the explaining of prejudices. Those premises are as follows: 1). It assumes that humans have the disposition to be hostile, particularly in the face of real or perceived danger. Hostility arises from concerns with economic or material advantages, fear and defensiveness, and the need for prideful self-aggrandizement; 2). It assumes that at birth, humans seek comfort, love, and nurturance. However, as they fail to receive these in sufficient degree, they become frustrated, and this frustration activates their latent hostility; and 3). It assumes that only some people those whose basic needs are not readily met in other ways become prejudiced (Jones et al., 2014). Prejudice(s) is/ are viewed as an abnormality. Freud attributed that the basis of aggression to an expression of the death instinct, a factor that is individualistic and rises within an individual, suggested that aggression as a stimulant being a resolution to the external causes that lead to frustration (Jones et al., 2014). An influential group of researchers had adapted some of Freuds ideas to develop a new theory of aggression. Their frustration-aggression hypothesis explains that frustration causes aggression and all aggression can be traced back to some form of frustration (Jones et al., 2014). The same researchers also gave recognition to the ideology of people not being able to express aggression (Jones et al., 2014). Instances being, an officer not being able to meet a certain quota on the job frustrating hopes for future employment. Nevertheless, you would not act out against an innocent bystander within your community, so wanting to sustain future employment and possible promotion will cause you to suppress your desire to act out against an innocent bystander, and this causes displacement. At times police become frustrated with the rising of crime within their community. The frustration of controlling the dispersion and diffusion of crime leads to aggressive/ excessive force used on even the minor of incidences and offenses. Note: As mentioned, the nature and scope of police brutality phenomena, here in America, has been in existence for centuries dating as far back to the Middle Passage where the formidable historical features of American policing are: Institutional enslavement and the control of minorities. Therefore, the system of policing is a tactical response as a contemporary form of White domination (Harris, 1998) where the legacy of racism and slavery are embedded. Moreover, as it is mentioned, because of the White domination that whenever the Blacks have prosperity and the Whites are having a declination in economics then those Whites are more aggressive towards the Blacks (Chaney et al., 2014; Jones et al., 2014). As a result, there were more lynching and murders to shooting and killings dealt from the hands of the white man directed upon the Blacks (Chaney et al., 2014; Jones et al., 2014), as well inequalities of white supremacy leading to marginalization, oppression, as well disproportional ity and disparities effective on the African- Americans (Chaney et al., 2014; Jones et al., 2014). Methods The multifaceted research design of the phenomenon police brutality in American policing will incorporate a case study approach that will allow the intensive study of a given policy, issue, and/ or community in social context. By employing a historical approach coped with the case study to police brutality, the historical roots of this present day problem will become apparent, as we examine the brutal practices of plantation overseers and night watchmen and in the slaveholding south. As well, the data collected will be both quantitative and qualitative, therefore taking into consideration that, in this research proposal because most police precincts dont explicitly collect data on the use of force, and that even when the data is hidden in plain view within police narrative accounts of interactions with civilians, it is exceedingly difficult to extract. Data on officer-involved shootings are extremely rare; and the data that are available is most frequently compiled by grassroots orga nizations, nonprofits, or media sources. Fortunately, there are multiple independent researchers, journalists, and the federal government itself (Banks et al. 2015) which have compiled a virtually comprehensive record of civilians recently killed by U.S. police. Nonetheless, the most common data retrieval sources are Internet searches and Web-based news alerts, but these sources too have also relied on public record requests and required enlisting the services of a large number of people. The striving of such projects, fatalencounters.org (FE), syndicates methods with earnest out- of- sample testing to maintain an exhaustive, publicly downloadable record of police killings, currently going back to 2000 (Chaney et al., 2013; Chaney et al., 2014; Hirsch? ¬?eld, 2015). Other scholars prior research was used in such ways as using prior interventional research as a basis for conducting their existing research. Chaney (2013) utilized the National Police Misconduct Statistics and Reporting Project (NPMSRP) to respond to questions as what do findings from the NPMSRP suggest about the rate of police brutality in America? and how do individuals perceive the police department and what implications do these perceptions hold for Black men in America? as this research design is an exploratory case study that are case studies performed before implementing a large-scale investigation. Their basic function is to help identify questions and select types of measurement prior to the main investigation. Surveys and interviews conducted on members of a community that police brutality has harmed is an excellent practice used by prior researchers and would be best suited for this type of research. Here are a few of the databases that will be beneficial to the extent of the investigation and research of police brutality: Fatalencounters.org (FE), syndicates methods with earnest out- of- sample testing to maintain an exhaustive, publicly downloadable record of police killings, currently going back to 2000, United States Department of Labor (2018). Occupational Employment and Wages. Bureau of Labor Statistics. Retrieved from: https://www.bls.gov/ooh/protective-service/police-and-detectives.htm. 2018,   The National Police Misconduct Statistics and Reporting Project (NPMSRP), and U. S. Police Shooting Database (USPSD) Implications for Criminal Justice The implications of this proposed research will inherently impact the incidences of police brutality as it will bring awareness to the public of the incidences of police brutality. The desired result is to protect the safety of communities at harm, and communicate as well promote the need for reform to American Policing: Criminal Justice. Conclusion An expected outcome is to facilitating the framework for an approach as an interventional implementation into policy for DCs governance. Police brutality isnt a new phenomenon (Chaney et al., 2013). In order to succeed in the future, we must as a people become educated about past events in hopes of no longer experiencing such events and place ourselves into better positions of succession. There are many reasons why legislatures impose so few restrictions on the consequential exercise of lethal policing: American policing. As these lethal policing patterns have been entrenched in the American traditions of governance (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015). Over time, police changed from a patronage system to a professional model (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015). This evolution has transferred police policy authority not to lawmakers but to police themselves (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015) where the system s tifles reform (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015). The courts and legislators create the parameters for permissible deadly force, but specific guidelines and procedures on the subject of deadly force are said to be reputable and enforced only by police departments (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015) where again this system stifles reform (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015). Police offcials, along with prosecutors whose jobs require police cooperation, regulate whether a specific act of deadly force sullied any rules or laws. Naturally, protocols that prioritize the protection of themselves and their discretionary authority are chosen by police. A policy that is an alternative that prioritizes protecting life would likely not permit police to use excessive/ deadly force. The fact that police brutality is deeply rooted and concealed in American history, culture, and society doesnt mean that they cannot be greatly reduced (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015). Some police departments are heeding calls for reform on their own (Chaney et al., 2013; Chaney et al., 2014). But systemic, large-scale problems require the broad, interventionist solutions expense of our (researchers) prior approaches is periodic unrest, highly expensive taxpayer-funded lawsuit settlements, and reduced public cooperation with the police reduced (Chaney et al., 2013; Chaney et al., 2014; Hirscheld, 2015). Chaney (2013; 2014) expresses that Two-thirds of Americans register low levels of satisfaction with how well police departments hold their officers accountable for misconduct (Chaney et al., 2013; Chaney et al., 2014). Hopefully, centralized government actors will get the message and act in the public interest. Appreciations to emergent national data because now police dependence on deadly force is finally questionable.

The Yellow Wallpaper Literary Analysis - 1486 Words

The setting of these two stories emphasize, on visually showing us how the main characters are based around trying to find freedom despite the physical, mental and emotional effects of living in confinement. While on the other hand, dealing with Psychology’s ugly present day behavior showing dystopia of societies views of women during the time period they lived. Comparatively, the relationships between the two main characters in the stories portray women’s yearning for freedom with different types of confinement. Psychological and physical confinements are terms that we can see used through out both stories. While â€Å"Story of an hour† basis its character being emotionally confined, and her great awakening being the room in which she grasps†¦show more content†¦Upon hearing the news of her husband’s death, Mrs. Mallard â€Å"wept at once, with sudden, wild abandonment† (Chopin 65) Specifically, Chopin makes us believe Mrs. Mallard was never happy, even from the shock in the beginning to a new outlook; she never had the life she wanted. She sits calmly down: There stood, facing an open window, a comfortable, roomy armchair.(Chopin 65) Mrs. Mallard in turn shows us that the word â€Å"comfort† is used to imply a different reaction than we would expect normally from losing a loved one. Discovering w hen she looks out the window she views life in a different way. Mrs. Mallard starts studying the nature outside the window: The delicious breath of rain was in the air. In the street below a peddler was crying his wares. The notes of a distant song which some was singing reached her faintly, and countless sparrows were twittering in the eaves.(Chopin 66) Bringing attention to new life, and a fresh start I believe the author was emphasizing on. At the same time we see as she runs off to her room. â€Å"When she abandoned herself a little whispered word escaped her slightly parted lips. She said it over and over under her breath: free, free, free!†(Chopin 66). This feeling; the feeling of freedom is obviously something Mrs. Mallard hasn’t felt for a very long time I believe. Mrs. Mallard has felt restrained and controlled throughout her whole marriage, emotionally and physically by her husband as we see in theShow MoreRelatedLiterary Analysis : The Yellow Wallpaper992 W ords   |  4 PagesLiterary Analysis: The Yellow Wallpaper In the story The Yellow Wallpaper by Charlotte Perkins Gilman she writes of a woman severely oppressed in her marriage. The women in the story is an open mind individual. John; her husband is a psychologist and thinks that his wife has a mental disorder because of all the free thinking and puts her through the rest cure. Through analysis of the story, we can see that this story displays a creepy tone in order to depict a serious matter at a time when women’sRead MoreLiterary Analysis Of The Yellow Wallpaper1226 Words   |  5 PagesIn the story, The Yellow Wallpaper the author Charlotte Perkins Gilman brings to life the tale of a woman suffering from post partem depression. Her husband is a physician and makes the mistake of keeping her closed off from the world. (John) thinks that the right thing to do is to keep her alone in an unfamiliar room. In this room, there is a bed that is nailed down to the floor and a yellow wallpaper that at first, she despises. However, she eve ntually becomes obsessed with it and goes completelyRead MoreLiterary Analysis of The Yellow Wallpaper860 Words   |  4 Pages wrote The Yellow Wallpaper, showing her disagreement with the limitations that society placed on women during the nineteenth century. According to Edsitement, the story is based on an event in Gilman’s life. Gilman suffered from depression, and she went to see a physician name, Silas Weir Mitchell. He prescribed the rest cure, which then drove her into insanity. She then rebelled against his advice, and moved to California to continue writing. She then wrote â€Å"The Yellow Wallpaper,† which is inflatedRead MoreLiterary Analysis Of The Yellow Wallpaper1512 Words   |  7 PagesIn 1892, Charlotte Perkins Gilman published the story, â€Å"The Yellow Wallpaper†; a short story that addresses the sensitive topic of inequality between men and women during the nineteenth century. 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She shares that she has a nervous depression condition. John, the narrator’s husband feels it is â€Å"a slight hysterical tendency† (266). She has been treated for some nervous habits that she feels are legitimately causing harm to her way of life. However she feels her husband, a physicianRead MoreLiterary Analysis Of The Yellow Wallpaper1174 Words   |  5 PagesThe Woman Rocks the Cradle Charlotte Perkins wrote the short story The Yellow Wallpaper. For this analysis paper, I am only going to mainly talk about three characters and they are as follows: the narrator (some call her Jane), John (a certified physician and the husband), and the narrator’s brother (also a physician). This story starts off with the narrator talking about the new transition she has made with her husband John into a new house. 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Analysis Of Disney s Purchase Of Lucasfilm - 1181 Words

Building trust when bargaining is key to successful negotiation agreements. Negotiators that build trust and are better prepared have a numerous advantage in having the negotiations to go in their favor as well as for the other party. Preparations should take place before the negotiations even begin, this provides a more productive outcome. Disney’s purchase of LucasFilm in 2012 demonstrated how well prepared Disney came to the table for negotiations with George Lucas. Company Background The Walt Disney Company The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, interactive media, and consumer products. Disney is a Dow company with revenues of over $40 billion in its Fiscal Year 2011. 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He likewise made critically-acclaimed movie animation, inspiring Disney enough to purchase out his product organization, Pixar. Jobs last development was the tablet computer, which uprooted the PC. Jobs imagined the tablet as an amplification of the brain, an approach to get to data on the go constantly.   (Kalla, 2012) The objectiveRead MoreThe Walt Disney Company Report15335 Words   |  62 PagesCompany Research Paper The Walt Disney Company Pranay Kumar George Batah Shuxian Shen Sheng Hao Koo â€Å"We have complied with university honor code in completion of this assignment and I attest that this work is ours and ours alone.† Professor Suzanne Weiss Contents 1. Executive Summary 2. Company Background 3. Management 4. Situation Analysis 5. Ethics and Responsibility 6. Human Resource 7. Globalization 8. Operation and Production

Supply Chain Business Intelligence Technologies, Issues...

Supply Chain Business Intelligence: Technologies, Issues and Trends Nenad Stefanovic1 and Dusan Stefanovic2 Zastava Automobiles, Information Systems Department, Kragujevac, Serbia nenad@automobili.zastava.net, www.zastava-automobili.com 2 Faculty of Science, University of Kragujevac, Serbia dusans@kg.ac.yu, www.pmf.kg.ac.yu 1 Abstract. Supply chains are complex systems with silos of information that are very difficult to integrate and analyze. The best way to effectively analyze these disparate systems is the use of Business Intelligence (BI). The ability to make and then to process the right decision at the right time in collaboration with the right partners is the definition of the successful use of BI. This chapter discusses the†¦show more content†¦These networks are expanding to include additional services provided by an increasing number of partners: customers, the government, financial services organizations, and so forth. Investments in systems or applications need to take into account the requirements or opportunities enabled by this increasing interconnectedness. Fig. 2. The Supply Neitwork However, despite the huge investment in SCM software systems, they did not provide desired Return On Investment (ROI). The main reason is that these systems mostly provide only transaction-based functionality. They lack the sophisticated analytical capabilities required to provide an integrated view of the supply chain. This is where Business Intelligence (BI) tools like data warehousing, ETL (Extraction, Transformation, and Loading), data mining, and OLAP (On-Line Analytical Processing) can help adequately analyze operational effectiveness across the supply chain. 1.1 Supply Chain Performance Measurement Supply Chain Performance Measurement (SCPM) is vital for a company to survive in today’s competitive business environment. Performance measurement is one of the key aspects of management. If a company does not have a clear understanding of how well its supply chains are performing, it will be very hard to manage them successfully. 220 N. Stefanovic and D. 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Further, the packagingRead Moreâ€Å"Coca-Cola Is Everything†1204 Words   |  5 Pagesexplore concepts such as supply chain management, switching cost, and business intelligence and apply them to Coca-Cola’s internal collaboration efforts. Sources in the paper have cited the use of social media tools through Facebook and loyalty programs. Warden (2013) has called Coca-Cola king of social of media. This paper will compare Coca-Cola’s social marketing abilities to that of Pepsi’s social media tools. Research will conclude that Coca-Cola has used various technologies to achieve worldwide

The Human Rights Of The United States - 768 Words

From the beginning of time the excessive desire for money and power of the few has led to stepping on and taking away the basic human rights of the masses. From the slaves of the ancient days to the under paid of today. The working man has hungered not just to live pay check to pay check, but to live comfortably after putting in a good days work. To be able to go to the hospital over work related and non-work related injuries without spending the rest of their lives in debt. To work in decent conditions where the demand for speed and mass production is set at a reasonable pace. In the meat industry it has been a century long war to win basic human rights. In the 1950’s butchers and slaughterhouse workers made decent wages that could support their families. Things shifted when companies started getting too big wanting larger and larger profits with lower and lower production costs. The worker is then treated the same as the animal to be slaughtered. In order to affect change th e working masses organized. Uniting under one cause against the evil of corporate greed. When cattle first came to America with the Europeans it was a simpler time. The cattle were set lose to graze in the forests and slaughtered as needed. In the 1800’s livestock started becoming more and more domesticated. They were breed, raised to work the fields, and sold or traded as needed with the local community. As town populations grew larger so did the need for commercial butchers. Cows were slaughtered asShow MoreRelatedThe United States And Human Rights Violations Essay1901 Words   |  8 Pages argue that the United States fails to encompass moral values by supporting anti-democratic ideals, so that they can increase their militaristic presence and protect economic interests in the world. Since the last century, the U.S has used the power of evil governments to slightly expand the presence of their military and ensure the safety of commercial interests. 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Computer Security Breaches

Question: Discuss about the Computer Security Breaches. Answer: Hyatt data breach According to Krebs (a popular cyber security analyst, 2016), any customer who used the services offered by Hyatt hotel between August and December 2015 is likely to have had their credit card data stolen. In fact, during this period unknown cyber criminals infiltrated the organisations 250 hotels across 50 different countries. An official statement by Hyatt Hotels Corporation further detailed the problem stating that majority of its payment systems were compromised by card stealing malware that targeted customers data. However, the said malware was precisely installed in the restaurants owned by the hotel with minimal intrusions detected in the other recreational facilities i.e. spas, shops, golf courses and parking (Krebs, 2016). Analysis of the Problem In an attempt to curb cyber security, many financial institutions are offering debit and credit cards that are incorporated with access chips. These access chips are meant to help retailers to track transactions through checkout systems that thoroughly read customers data off the said chips while maintaining cyber security compliance regulations (BITS, 2011). Similarly, Hyatt payment systems promoted credit and debit card payment where customer data was and is still encrypted in the existing chips. However, many of these cards shoulder little amounts of plain text data, stored in the magnetic stripes of the overall payment item. Therefore, when the cards are swiped in a transaction including fraudulent transactions, the data owned by the customer is placed at risk. Moreover, unlike in the past when data was primarily stolen off magnetic strips and replicated, Hyatts problem escalated beyond this basic rational where stolen data (plain text) was shipped to the United States and used t o make further security breaches (BITS, 2011). How was the data stolen The perpetrators installed data-stealing malware into Hyatt payment system, this was done using counterfeit cards which were used in certain managerial locations. Therefore, the cyber criminals first obtained customers card information, most likely through the magnetic strips which were then used as a loophole to access and infect Hyatt systems (Osborne Day, 2016). Moreover, the malware was designed to steal extensive records including; names of the cardholders, numbers, verification codes and the expiration dates. In all, these items were used by the organisation to confirm payment onsite at any given location. Therefore, with each transaction, the malicious program harvested credential information with minimal alerts to the staff or the management. Solutions First the loophole, despite the presence of encrypted chips most transaction cards (debit or credit) holds plain text data in the magnetic strips. This outcome exposes any organisation and its customers to security breaches. Therefore, by allowing customers to swipe the magnetic stripe exposes them to grave danger. A practical solution to this problem is to have chip readers within all the organisations facilities (Wattles, 2015). This provision eliminates the need for magnetic strips which are essentially used by criminal masterminds to steal the data they require. Furthermore, the said solution has seen tangible results are evidenced by the reduced counterfeit incidences in other G20 countries other than the United States who still fail to regulate the card liabilities (Krebs, 2016). Secondly, the organisation should instigate and stop intrusion through all targeted areas. In most cases hackers will use system vulnerabilities to carry out attacks, this includes malware, security liabilities and even personnel. On behalf of the system, the information technology department must develop prevention solutions that shut down the relevant vulnerabilities thus maintain an optimum level of security. For instance, password violations are a common phenomenon since most users will stick with default passwords. Advising customers to change the said passwords is a step in the right direction that minimises intrusion incidences (Symantec, 2011). Furthermore, in a case where a data breach is experienced such as the one seen in this case study, the organisation should in the future have detection systems that alert the administrators of possible data violations to prevent extended attacks. Hyatts systems were infected for more than four months without detection, which increased the severity of the problem. Moreover, these detection systems can identify and stop insider breaches that are caused by broken enterprise processes, for instance, an outdated antivirus. In addition to this, they automate security controls where security configurations on firewalls and even patch management are done with minimal input from the users. These functionalities introduced by detections systems can also be combined with event management systems to curb data breach incidences especially during outbound transactions where Hyatt systems were mostly affected (Prince, 2017). JPMorgan chase hack case In 2014, the renowned financial institution JPMorgan Chase experienced one of the biggest cyber-attacks seen in recent times. In the attack, accounts owned by both household users and small businesses were compromised. Moreover, the attack saw cyber criminals hack several computers within the financial organisation and the publisher of the financial institution. This hack allowed the perpetrators to access and steal customers personal information. In all, the attack is said to have affected more than 100 million loyal customers (Crowe, 2015). The Problem After a thorough assessment of the attack, JPMorgan revealed that the data breach targeted customer information such as contact details; names, addresses, numbers and email addresses. Moreover, the intrusion further compromised the organisations internal systems by collecting confidential data owned by the users. However, as stated by the organisation, the breach did not affect the customers financial records including the money they owned (Weise, 2014). This conclusion was provided because the details of account records were never affected by the attack including passwords, IDs, and social security numbers. Nevertheless, this information was completely contradictory with independent surveys done the New York Times that stated that the hackers obtained the highest possible level of administration within the institutions financial system. In essence, the cybercriminals had extended privileges on more than 90 servers owned by the bank. This access gave them the root control over the banks system including the transfer of funds, confidential information and the likelihood to close accounts. In a nutshell, the perpetrators could do whatever they wanted to do with the said system. Now, according to J. Thompson (2014), such attacks that have extended access but have zero money stolen are suspect to future attacks. Therefore, the hacker initially, intended to identify the organisation vulnerabilities for future exploits but were caught before proceeding with their extensive plan. The Attack Information is the most variable asset seen today and organisations such as banking institutions protect this asset with maximum security protocols including dynamic intrusion detection systems. However, the attack on JPMorgan system was started using a basic intrusion technique as compared to the sophisticated mechanisms thought by the public. To start with, the hackers stole an employees login information which was then used to access the system. After gaining access to the system, the hackers then used their newly acquired privileges to manipulate the pump and dump stock exchange schemes. This manipulation allowed them to generate lucrative deals on online financial proceedings such as online gambling which generated millions of dollars (Farrell Hurtado, 2015). Nevertheless, the root of the problem was stolen credential information that was later used to access the companys servers using computers in different locations throughout the world. Moreover, the criminals used the affiliate organisations owned by the institution to access their information. For instance, a website owned by a charity race hosted by JPMorgan was the first intrusion point. This cover up i.e. using affiliates and not the organisation itself, allowed the perpetrators to go undetected for an extended period of time (Goldstein, Perlroth and Corkery, 2014). Furthermore, the simple flaw was able to explain why other related organisations were unaffected by the security breach particularly at a time when controversial economic sanctions had been deployed by the United States. Prevention of the Attack From the analysis done on the security breach, it was clear that a simple flaw was the root cause of the problem unlike previously thought where experts proposed malicious bugs or Softwares sourced from the dark web. This kind of attack is easy to guard against as seen in other countless occasions. Many organisations the likes of JPMorgan invest heavily in computer security more so, on authentication and authorization, i.e. the access methods of this attack. Therefore, even though the attackers acquired login credentials of an employee, the security systems should have been able to detect and stop the violation. For one, a common practice seen today is the application of two-factor authentication mechanisms. In essence, institutions that host confidential information use different techniques to provide users access to their systems, these techniques verifies the identity of the user beyond resemble doubt. For instance, having acquired the login credential, JPMorgan should have genera ted a one-time access code for the user to access the system, this would have defiantly stopped the attack (TRC, 2015). However, the attack on JPMorgans system showcased a common problem seen in many organisation today, that of network vulnerabilities. As highlighted by many security experts, many organisation today fail to secure their systems at certain periods of the year when their focus is shifted to other crucial activities such as payment processes done during high turnover sessions. Moreover, this problem is aggravated by the acquisitions done by the organisations. These acquisitions make it difficult to integrate security systems owned by the parent company with those of the affiliate organisation and as a result of this weakness attacks are easily conducted through the weaker affiliate systems. A solution to this problem is to develop separate security measures for the acquired organisations, this ensures security is maintained prior to the integration (TRC, 2015). Nevertheless, despite the extensive challenges faced, organisations like JPMorgan whose annual returns surpass billions should employ basic if not sophisticated cyber security techniques. For instance, the multiple authentication techniques mentioned above where multiple factors are used to grant authority e.g. biometric, token and passwords must be used. Moreover, routine analyses should be done on existing systems through network management systems that evaluate transferred data packets for any alterations (Valdetero Zetoony, 2014). These simple security techniques could have prevented the attack on JPMorgans system even if the login credentials of one of its members was stolen. References BITS. (2011). Malware risks and mitigation report. Financial services roundtable. Retrieved 03 March, 2017, from: https://www.nist.gov/sites/default/files/documents/itl/BITS-Malware-Report-Jun2011.pdf Crowe. P. (2015). JPMorgan fell victim to the largest theft of customer data from a financial institution in US history. Retrieved 4 March, 2017, from: https://www.businessinsider.com/jpmorgan-hacked-bank-breach-2015-11?IR=T Farrell. G Hurtado. (2015). JPMorgan's 2014 Hack Tied to Largest Cyber Breach Ever. Bloomberg. Retrieved 4 March, 2017, from: https://www.bloomberg.com/news/articles/2015-11-10/hackers-accused-by-u-s-of-targeting-top-banks-mutual-funds Goldstein. M, Perlroth. N Corkery. M. (2014). Neglected Server Provided Entry for JPMorgan Hackers. Deal book. Retrieved 4 March, 2017, from: https://dealbook.nytimes.com/2014/12/22/entry-point-of-jpmorgan-data-breach-is-identified/ Krebs. (2016). Hyatt Card Breach Hit 250 Hotels in 50 Nations. Retrieved 4 March, 2017, from: https://krebsonsecurity.com/2016/01/hyatt-card-breach-hit-250-hotels-in-50-nations/ Osborne. C Day. Z. (2016). 250 Hyatt hotels infected last year with payment data stealing malware. ZDNet. Retrieved 4 March, 2017, from: https://www.zdnet.com/article/250-hyatt-hotels-infected-last-year-with-payment-data-stealing-malware/ Prince. K. (2017). 8 Ways to Prevent Data Breaches. IT business edge. Retrieved 4 March, 2017, from: https://www.itbusinessedge.com/slideshows/show.aspx?c=79585slide=9 Symantec. (2011). 6 steps to prevent a data breach. Retrieved 4 March, 2017, from: https://eval.symantec.com/mktginfo/enterprise/other_resources/b-6-steps-prevent-data-reach_20049431-1.en-us.pdf TRC. (2015). Data breach report. IDT911. Retrieved 03 March, 2017, from: https://www.idtheftcenter.org/images/breach/DataBreachReports_2015.pdf Valdetero. J Zetoony. D. (2014). Data security breaches; incidence preparedness and response. Washington legal foundation. Retrieved 03 March, 2017, from: https://www.bryancave.com/images/content/2/2/v2/2285/DataBreachHandbookValdeteroandZetoony.pdf Wattles. J. (2015). Hyatt Hotels data hacked. CNN tech. Retrieved 4 March, 2017, from: https://money.cnn.com/2015/12/23/technology/hyatt-malware/ Weise E. (2014). JP Morgan reveals data breach affected 76 million households. USA today. Retrieved 4 March, 2017, from: https://www.usatoday.com/story/tech/2014/10/02/jp-morgan-security-breach/16590689/