Other Assignment Example | Topics and Well Written Essays - 1250 words

Other - Assignment Example This implies the university wants to obtain as much finances as it can (total revenue) from the fewer students who are expected to enroll for the services. By doing so, the university would have settled all the expenses it incurred to provide the services in the first place. As Beattie and LaFrance (2006) suggested, by choosing to increase the tuition fees, the university is likely to be engaging in price skimming in order to obtain maximum revenue. This is a pricing policy in which an organization sets a fairly high price for a good or service at its inception then reduces it over time (Bailey, Olson, & Wonnacott, 1980). It is a transient strategy of price discrimination quicker offsetting of potential losses. The strategy would allow Nobody University to reclaim its lost expenditure faster before competition from other similar institutions sets in and forces the market price downward for tuition services. Feess and Schumacher (2013) noted that price skimming may be used interchangeably with scaling down the demand curve. The institution’s main objective of implementing the strategy is to capitalize on the consumer surplus ahead of time so as to reap major benefits of the monopoly or the innovators’ poor price sensitivity. As such, Nobody University is likely to be a new institution that seeks to obtain the highest return on investment through its higher price strategy at its inception before normalizing the fee for a higher demand for learning. As Bailey, Olson and Wonnacott (1980) argued, meeting the demand of the first group of students will likely trigger the university to reduce the fee to entice another segment that is more concerned about fairer pricing. As Feess and Schumacher (2013) suggested, the university pricing strategy is theoretical in the sense that it is almost unlikely for the approach to turn the entire surplus of students into clients, despite its major potential impact on market

White Collar Crime and Whistle Blowing in the USA Essay

White Collar Crime and Whistle Blowing in the USA - Essay Example Criminal behavior has been treated as both an individual or organizational propensity and as an event. Among the elements named to describe criminal behavior are inspiration as this is the will of one to stray, liberty from social restraints impunity connecting to losses, skill, and occasion (Ostrow, 2006). The factors may interrelate in several ways, but the part of occasion is central too much White Collar Crimes Chances have both personal and objective scopes. The last issue that must be clarified is that corruption, the procedure whereby specific activities, objects, and individuals come to be definite as criminal (Ostrow, 2006). This approach of the study focuses on the roots of White Collar Crimes laws in given examples, their identifications, and guidelines and on the examination, prosecution, and judgment of white-collar crimes. In a recent white-collar crime, two lawyers were charged together with a spouse of one of them as they acted as business partners. In the crime, they acted as business partners as they exploited every person that they could to defraud a program in Louisianan tax system where they intended to encourage expansion of the film industry. A federal prosecutor a New Orleans jury reported this. Michael Arata who is a defendant and a businessperson and a New Orleans lawyer reported a huge cost which were not honest to the state for rehabilitating a broken-down city house into a post-production facility so that they could obtain one million in tax credit. Through a mail, he joked to one of his friends on how he was charging bogus legal fee for fraudulent tax credits. Chendra Menon, the assistant United States Attorney, reported this to the jury. In the case, both Arata and those who produced the movie, Peter and Susan Hoffman were charged with conspiracy. In the case, the evidences, which wer e submitted, were those of mail