Friday, February 14, 2020

Analyzing Ethical Behavior Essay Example | Topics and Well Written Essays - 750 words

Analyzing Ethical Behavior - Essay Example usiness should behave, and this goes a long way in creating an organizational culture which will see the business increase its efficiency (Mallor, Barnes, Bowers & Langvardt, 2010). Business ethics will stipulate how the business relates to its stakeholders to ensure that there is a good relationship hence reduces cases of lawsuits, make high profits and ensure business continuity. In the past, unethical business practices have resulted to various scandals, which have resulted to serious economic disasters. Since firms have the need to increase their profits they will engage in lucrative practices, which will make them earn unfair profits and benefit from unethical practices. For any company to be successful, it has to protect all their shareholders since everyone will feel comfortable in an environment where they see their needs are being considered. Trust created by the business to all its stakeholders goes a long way in increasing the businesses’ success and profitability. This paper will look at the financial events surrounding Bernie Madoff, and ENRON and elaborate on the consequences and implications related to a lack of code of ethics. Enron Corporation was a company in the energy sector located in Texas and had an employee base of 21000 workers in 2001 before it went out of business. The company fell due to false accounting techniques, which made it to be listed as one of the largest companies in the United States with a rating of seventh overall (Lashinsky, 2001). The company was expected to control the market since it had securities in communications, energy and weather portfolios. The company had a well set out fraud plan by using support from political powers to get favors and get an unfair advantage. The company could shut down power plants so that they could get extra money by charging high rates for energy due to the shortages they created. The company used favors from president bush and Clinton to get an unfair advantage, and it is said that

Saturday, February 1, 2020

Artists and Repertoire (A+R) in the Music Industry Essay

Artists and Repertoire (A+R) in the Music Industry - Essay Example 2006). The A&R is the department of a record label that undertakes talent scouting and manages the artistic development of recording artists. In essence, it acts as the link between the artists and the record label. Therefore, the A&R department plays a major role in discovering new recording artists and recruiting them to the company, through understanding of the current market preferences and tastes, and selecting the artists who will be commercially successful. For A+R staff to carryout the task of recruiting commercially viable new artists, they should first understand the specific ways in which musical production is shaped by a particular genre of cultures and the broader historical and social context within which the production takes place (Negus, 1999, P.13). Generally, in the music industry, the A&R staffs are seen as mediators or intermediaries. According to Negus, Music industry personnel act as mediators, continually connecting artists and audiences; the music business sta ff works as intermediaries, not only during the most obvious marketing and during promotion activities, but also when introducing the idea of an imagined audience into the writing, producing and recording of songs in the studio, stressing that they are engaged in presentation and representation providing symbolic goods and services (Negus, 1999, P.18). More so, apart from singing bands to record labels, the A&R staff is mostly obsessed with music and is in touch with particular music scenes, is very influential, and is widely viewed as important ingredient to a successful record label (Carter, Clegg, Kornberger, & Schweitzer, 2011, P.389). The A&R staffs are the key for the established corporate label in creating music scenes (informal assemblages) which become imbedded in the music industry mostly for promotional purposes (Bennett & Peterson, 2004, P.4). The roles of A&R staff vary depending on the designation, ranging from artist manager, music lawyer, music accountant, booking ag ent, music merchandiser, promoter, venue booker; and other titles depending on the label. Mostly, the A&R staffs are recruited based on their skills rather than on formal qualifications, with experience and backgrounds such as artist management, production, and DJing being an added advantage (Hannan, 2003, P.158). Another major duty of A&R staff is to help the artist locate the suitable producer, prepare recording schedule in the recording studio and offer advice to the artist on the best ways to improve the quality of their recording. They are therefore involved in helping an artist choose the best songs to record, and are very vital in finding songs and songwriters. Additionally, most of A&R staffs are expected to be talented in arts and music in order to accomplish varied roles involved in this field. For example, take the famous artist, composer, producer, and music reviewer, Theodor Wiesengrund Adorno, who began exploiting his career early in life through composing music, perfo rmance reviews, reviews of published music, and was an advocate of the avant-garde music (Adorno, Leppert, & Gillespie, 2002, P.14). Lastly, the A&R will involve liaising with other department such marketing in assisting the artist to market the released record. To sum the work of A&R staff the appreciation of the artist’s work must be spread from the record company to radio programmer, and