Saturday, December 28, 2019

Essay on The Zodiac Killer - 2341 Words

The Zodiac Killer Works Cited Not Included In the late sixties and early seventies, California was haunted by dozens of unsolved murders. The offender remains unknown to this day. The murderer, who referred to himself as the Zodiac, made contact with the police and area newspapers throughout his reign of terror through a series of menacing notes. Although the police were never able to apprehend Zodiac, they were able to gather information about him via the letters. Zodiac boasted of killing up to forty victims, however, police estimated he may have killed over 50. Due to the nature of Zodiacs letters and from witnesses police have a good idea of what Zodiac is like even though he remains at large. Given what is known about†¦show more content†¦It is speculated that a violent relationship with his mother may have lead to his apparent hatred of women. Zodiacs first victim was Cherri Jo Bates. Although the murder was not attributed to Zodiac until 1970, she was murdered one day before Halloween in 1966. Like Zodiacs other victims Cherri Jo was a student. She lived with her father in Riverside, California and attended Riverside City College. She was a petite blond with blue eyes, although she was tan at the time of her death she had a light complexion. (Graysmith, 164) On the night of October 30th, Cherri Jo had gone to the school library to study. Authorities estimate that Bates arrived at the RCC library at about six oclock PM. While Cherri Jo was studying the perpetrator removed the distributor coil from her engine, causing it to go dead. Police theorize when Bates found her battery dead, Zodiac offered her a ride. He drove her approximately seventy - five yards east at her car. He began choking her but Bates fought back. She scratched his face and was able to rip his watch off, which was later found by authorities. Between 10:15 an 10:30 PM a neighbor reported hearing a scream. Autopsies revealed that Bates had been kicked in the head. She had also been stabbed twice. She had cuts on her face and her jugular had beenShow MoreRelatedThe Zodiac Killer1732 Words   |  7 PagesLucas Kelleher/ Street Law 10/3/08 The Zodiac Killer The Zodiac Killer is a serial killer who operated in Northern California in the late 1960s. His identity to this day still remains unknown. The Zodiac coined his name in a series of taunting let ters he sent to the press. His letters included four cryptograms (or ciphers), three of which have yet to be solved. The Zodiac murdered five known victims in Benicia, Vallejo, Lake Berryessa, and San Francisco between December 1968 and October 1969.Read More The Zodiac Killer Essay2809 Words   |  12 Pagesear. The shot made a deafening blast, as the bullet entered David’s head at a horizontal angle, blowing it apart (Tina 3). With David out of his way, the killer turned his attention back to Betty. He pursued her through the woods, his gun drawn, and shot her five times in the back from less than ten feet away. (Tina 3). The killer then got back into his car, and drove away as quickly as he had appeared. David, amazingly, was still alive, and bleeding profusely from his wounds, but Betty wasRead MoreThe Zodiac Killer Project2069 Words   |  9 PagesThe Zodiac Killer Project The crime spree murders of the Zodiac killer is one of the greatest unsolved murdered cases of all time. The Zodiac’s murders took place from later 1960s, through to about 1972. Most of The Zodiac’s murders took place in Northern California. Some main areas where murders took place are Benicia, Vallejo, Lake Berryessa, and San Francisco, California. Two out of the four men that were attacked lived and three women out of the three were killed. The ages of the victims goesRead MoreEssay On The Zodiac Killer1734 Words   |  7 PagesThis is the Zodiac Speaking â€Å"I like killing people, because it is fun. It is more fun than killing wild game in the forest, because man is the most dangerous animal of all.† These are the words spoken by a man who terrorized the area of San Francisco, California for two years, lurking in the shadows killing five people, but taking credit for 37 different murders. This man taunted police, seeing his murders as one giant game, sending cryptic messages to the newspapers, forcing them to publish themRead More The Elusive Zodiac Killer Essays2062 Words   |  9 PagesThe Elusive Zodiac Killer Serial killers almost without exception enjoy playing games. Whether played with their victims’, or the police forces trying to track them down, the game of the kill is almost as essential as the murder itself. In most instances this need to draw out the experience leads to the downfall of the culprit. This was not the case with the elusive Zodiac Killer of the San Francisco Bay Area. Zodiac’s career, which would become the most cerebral murder case ofRead MoreEssay On The Zodiac Killer3047 Words   |  13 PagesLaw enforcement officers meet in San Francisco in 1969 to compare notes on the Zodiac Killer, who is believed to have killed five people in 1968 and 1969. The killer gained notoriety by writing several letters to police boasting of the slayings. He claimed to have killed as many as 37 people and has never been caught..Zodiac kill up to 45 people and more that they dont know about because he kill people in a different way in the different town that he was in but he word the same thing every timeRead MoreEssay on The Zodiac Killer2094 Words   |  9 PagesThe Zodiac Killer The late 1960’s and early 1970’s were a time of great change in America. The Vietnam War, the civil rights movement and the sexual revolution were just some of the issues on the evening news in American households. For citizens of the San Francisco Bay area, as well as the rest of California, the late 60’s early 70’represented terror, fear and death. â€Å"The bizarre and theatrical and still unresolved serial murders by real-life ghoul who called himself Zodiac, who claimed inRead MoreTaking a Look at the Zodiac Killer1610 Words   |  6 Pages The Zodiac Killer is one of the greatest unsolved serial killer mysteries, after Jack the Ripper. There were 2,500 suspects, but the case was never solved. The Zodiac’s first known victim is Cheri Jo Bates. His first letter, Confession, mentioned Cheri and said, â€Å" she is not the first and she will not be the last†. Six months after Cheri’s death, the killer sent copies of the letters to the Riverside Press, the police, and her dad. Since the killer knew her dad, the police thought that CheriRead MoreThe Zodiac Killer Case Revisited1231 Words   |  5 PagesThe Zodiac Killer Case Revisited I. List of crimes The horrors in California began on Friday, December 20, 1968 in the city of Vallejo when sixteen-year-old Betty Lou Jensen and seventeen-year-old David Faraday were killed while out on a date. At the time, according to Haugen (2011), they had driven to a remote lover’s lane on Lake Herman Road. It was while they were there that a vehicle stopped nearby and the driver got out, shot out the rear passenger window of David Faraday’s station wagonRead More The Zodiac Killer Essay examples1229 Words   |  5 Pages Much is unknown about the Zodiac killer, but given what is known about serial killers in general, this man was probably born between 1938 and 1943. That would make his age between 25 and 30 years old at the time of his first murder in Vallejo, California, in 1968. Also, that age estimate works with witness statements and its supported by Zodiacs references to his victims in younger terms in his letters of 1969. Zodiac wasnt an attractive character from what we kn ow. He may have had to wear glasses

Friday, December 20, 2019

Malcom X And The Allegory Of The Cave - 854 Words

Education is a life-altering event that involves becoming more open- minded. When one’s horizons are expanded they begin to understand and view more. The process of becoming knowledgeable through education can differ from the individual or situation. The overall experience as well can change the perception. Two passages, â€Å"Learning to Read† by Malcom X and â€Å"The Allegory of the Cave† by Plato both contain an individual who goes through the path of gaining wisdom. Although both passages contain similarities involving one going through an experience resulting in the enlightenment of education, there are several differences in how the acknowledgement is approached and the type of predicament the individual is in. The situation before the awakening in both passages involves being imprisoned and living in the mindset of ignorance. Each predicament of one has a huge influence on how the wisdom is obtained. The prisoner in â€Å"The Allegory of the Cave† has lived inside the cave since early childhood where his legs and feet were chained to prevent any kind of movement and from turning his head. (Plato 1). Because the cave dweller was restrained from movement, he was unable to escape ignorance and was not able to gain knowledge. Malcom X as well was illiterate because African Americans at that time were not exposed to education. The black race in America was living in â€Å"deafness, dumbness, and blindness† (Malcom X 1). In order to liberate ignorance and to begin the journey ofShow MoreRelatedWhy Do People Do For College? Essay2195 Words   |  9 Pagesat college through this perspective. You hear the statistics of rich people who never went to college and say â€Å"hey, maybe I don’t need college.† But that’s the issue. People don’t want to put the work into it. Malcom X for example. He talks about in his book, The Autobiography of Malcolm X, that before he went to prison he did not feel that he needed to go to college. Or any schooling for that matter. But once in prison, he learned what education can do for a man. So he worked hard, actually reading

Thursday, December 12, 2019

Leadership Style Approach And Contrasting Theories †Free Samples

Question: Discuss about the Leadership Style And Approach And Contrasting Theories. Answer: Leadership style is determined by the organizational environment and classification in terms of organizational need acclaimed from them. There are several kinds of leaders and all of those leaders have separate kind of characteristics as well to meet at goal, all through all leaders are established for the developmental enhancement of the company as well as they are assigned for the timely intervention of duties to employees (Chemers, 2014). These are the important work for a leader to understand the situation and work in repose to that situation. Several Leadership approaches are followed by the leaders. Those approaches are the motivation and team building initiation that helps to grow the leadership standard and also bring the new innovation in the organization to differentiate them alike from others. Approaches to Trait Approach, Situational Approach, and Functional Approach are the important approach for pursuing leadership thus the implementation of this approach is also important as well as relevant (Van Wart, 2014). Trait approach is the most primitive approach that leaders should have in characteristic. It is an amalgamation of a mental, physical and personal trait that only possessed by the leader, not by the ineffective leaders (Van Wart, 2017). Some of the key features of trait approach in leadership are adjustment, adaptability, creativity, and enthusiasm all these are an important and relevant aspect of leadership that showcase the interpretation skill and assertiveness in work to other employees and they would g et motivated by the leader. New and innovative theories implementation and their situational understanding is the key factor of situational approach (DInnocenzo, Mathieu Kukenberger, 2016). This approach is quite important for the changes scenario in the organization and executes their brain in any situation to overcome the problem. Motivation and commitment are the two subplots that added with that approach and strong and weak leadership differentiation has determined by the implement of approach. The functional approach is the most impactful approach of all as it does not believe in theories rather it wants the level of involvement of leaders in terms of application, management, and innovation. There are certain Leadership theories for different situations and these theories are implemented by leaders to mitigate the adverse situation in a constructive way. There are some lead organizations leaders who have maintained a single theory for a good period of time and they have the responsibility and authority to complete the theory in a suitable way (Jensen et al. 2014). Autocratic Leadership is one of the predominant theories of all time. Leaders who believe in this theory make a decision and without consulting with their subordinates they try to implement that in a quick time. This leadership has few supporters as the autocratic nation only subdue this theory rest of the nation will not accept it anyway (Klenke, 2016). Examples of Albert J Dunlap or Donald Trump are these kinds of leaders who believe in the autocratic theory of leadership. On the other hand, Democratic Leadership involves all their subordinates and communicates with their views and then implements an innovati on in the organization. This is the most appreciable and preferred theory by the leader as well as the employees as they also feel that they are in the part of the discussion and express their thoughts in terms of evaluating the theory (Notgrass, 2014). Jacinda Kate Laurell Ardern is the 40th Prime Minister of New Zealand and she came from the Labour Party. The leader has social democratic and progressive approach. Both these approaches are important for the national welfare and support the safety of Labour management. Ardern has the modern and civilized view over same-sex marriage and supports those events by heart and this shows the assimilation of social ethics for the equity in New Zealand (Esselment, Lees-Marshment Marland, 2014). Ardern has chosen some of the universities for campaigning as the innovative approach to engage the modern student and motivate them for the development of the country is the only motive for this leader. On the other hand, Donald Trump is the 45th president of United States and a different form of leadership has overcome in that situation. Most of the decision was taken by the leader are controversial as the leader has followed by some unconventional business practice (McAdams, 2017). In this leader characteristic, some of the great business decisions are taken and make smarter dealing approach in business as well as the nation. The leader has a good view of a political, psychological and personal aspect of future so those decisions took by Trump are define US future but the way of decision making is a bit controversial for some of the critics. In an organization employee, satisfaction understating is the most important aspect for the leader. In case strategic leadership leaders are implementing a particular strategy with the suggestion of all the senior employees. Most of the leadership normally innovate something and for that reason, accustom process for the employees have to judge them only (DInnocenzo, Mathieu Kukenberger, 2016). Thus in the comparison of both these leaders, Democratic leadership style and applying method of Laurell is important as this leader have qualities like team leadership and transformational leadership process and that evaluate a good number rather than Trump. Leadership models and styles This segment of the essay will cover two factors such as Stakeholder responsibility engagement and Ethics ethical practice. The essay will try to show the chosen leadership factors in the selected leader Christopher Luxon who is the CEO of Air New Zealand (Airnewzealand.co.nz, 2017). Stakeholder responsibility and engagement depends on a trust, which is built on brand value and leadership style (Freeman Moutchnik, 2013). Stakeholders are of varied kinds such as the employees. This is indeed a challenge to retain employees in this globalization dominated the world. Employees have varied options in the same industry. They have a tendency to scuffle between the organizations. This is where leadership plays its role in making such employees realized the importance of being into their selected firm (Carmeli, Gelbard Reiter?Palmon, 2013). This goes very true with the Air New Zealand Company. It is a flag carrier airline of the country. The company is based in Auckland. The merger of Ansett in 2000 did prove wrong for the company. The company has announced a huge loss of around $360 million in the last quarter of September. This was indeed a shocking and an unexpected performance (Airliners.net, 2017). The merger proved wrong for the company. They needed a leadership quality, which could dislodge the created challenges. This was indeed the leadership quality that not only took out the company from such drastic situation but it also helped to attain a big success. 15 years later since the incident happened; the company has now transformed into one of the most successful companies in New Zealand (Stuff, 2017). The question arises that what actually helped the company overcome such a crisis. It was indeed a leadership quality that has remained as per the reputation throughout these years. The recent CEO of the company is no any different. Now, the question arises about what leadership quality has remained in practice in this company. The leadership quality in the chosen leader was confined to two important characteristics such as stakeholder responsibility engagement and Ethics or ethical practice (Lawrence Weber, 2014). The repairing could have never happened had it not been supported by the employees. Employees in this company are engaging and innovating as well. They love innovating with ideas. They do also understand their responsibility, which is very rare with many reputed companies. Christopher Luxon was able to change his philosophy towards more practical terms. Employees were made to feel as if they are an important asset for the company. This was indeed a drastic change in strat egy making that resulted in finding the essential factors needed to dislodge the challenge. Christopher Luxon did encourage its employees by presenting them the example of an ideal leader. This was a kind of leadership that encouraged its employees for their best (Fairhurst Connaughton, 2014). Stakeholders are of varied kinds. Employees are one of the stakeholders. They are an integral part of a firm. An organization needs such employees who are the hard workers. Innovative ideas are expected from such employees (Mok, Shen Yang, 2015). Nevertheless, the Air New Zealand Company was blessed to have such employees who were highly innovative. This is never easy to dislodge a challenge as such it faced in the form of loss in revenues. Christopher Luxon has managed its employees effectively. The leader was able to keep its employees engaged with their responsibilities. The stakeholdermanagement theory dictates the importance of managing the stakeholders. Employees being one of the stakeholders represent themselves as a very vital value to the organizations leaders. Nevertheless, there is a requirement to satisfy them on various factors such as the basic salary packages, additional benefits etc. Christopher Luxon has unarguably maintained the same kind of treatment with its empl oyees (Hrisch, Freeman Schaltegger, 2014). Ethicality is the other factor that prevents a company from criticism. Ethicality is indeed very important as it conveys the reputation that an organization carries. This helps in attracting talented professionals. Nevertheless, Air New Zealand is blessed to have such employees who are both skilled and innovative as well. Luxon has shown an ideal resilient against the challenging situations and emerged out as a winner. Some of the instances can prove this right. There have been instances of controversies related to the outsourcing maintenance and minor policy for seating. However, the company has always roved its resilient against such challenging situations (Scoop.co.nz, 2017). Luxon looks ideal to what the company has attained so far in relation to the ethicalities. However, the leader has never shown any sign of nervousness against such situations. It continued its fighting spirit, which is why the company was able to resurrect from a loss that looked impossible before. From the above example of leadership, this can be concluded that leadership quality is indeed required in the topmanagement team or in the middle management team as well. This is required to run the company under the governing of utmost ethical practices. Moreover, this is also important in getting talented professionals who can use their innovative skills to bring a drastic change like the one that happened with Air New Zealand Company. Change Management Models The two identified leaders are Christopher Luxon and Rob Fyfe. Both the leaders have the leadership quality in them, which has encouraged them to work hard in attaining the success (Airnewzealand.co.nz, 2017). There are different approaches, which could help in bringing a cultural change in the workplace. The organization selected is Air New Zealand. The organization has witnessed two most effective leaders ever since the loss that has happened to the company in the year 2000. They both intended to change the culture at the workplace to bring in the effectiveness, which was missing when the loss has happened to them. There are four approaches using which the required cultural change can be implemented in the workplace. Those four approaches are Structure Process, Incentives, People and Changing enforcing Controls. The selected leaders from the Air New Zealand Company had picked "People" as their approaches towards reshaping the culture at the workplace (Cummings Worley, 2014). They had believed in hiring fresh professionals because they wanted to use innovative strategies, which was not possible with the existing employees. The decision had indeed turned well as they finally had compens ated the loss incurred in 2000. The question arises that what changes had then occurred after they recruited the fresh people. The reason behind selecting the fresh professionals was to get a committed and innovative input from them. Nevertheless, it paid off. The freshly recruited professionals had found the two most effective leaders they had ever worked with. It was a good coordination between the fresh professionals and the two leaders in their own era. This was indeed a union of sheer leadership quality with the innovative engaged employees. Hence, such a consequence was certain to happen (Kim, Kumar Kumar, 2012). Forcefield analysis is really helpful in bringing change in the workplace. This helps in analyzing those factors, which are retarding the change process to happen. This is really important as change process can never be successful without identifying the potential retarding factor in the way of change process (Card, 2013). The analysis has helped in identifying that the Air New Zealand Company had numerous issues when it faced such a huge loss in the year 2000. One of such factors was the shortage of competent employees. This is when the leaders had felt the importance of hiring some fresh professions who are both skilled and innovative as well. The strategy really worked because it was its employees who actually helped in regaining the earned reputation. The change can be brought through successive steps. The first step is to identify and define the change. Then there is a need to align the identified change with the business goals. The afterward step is to determine the consequence s. After finalizing the change process, it is then required to communicate the change process to the internal stakeholders and the shareholders. The change will require effective training as well such as it happened in case of Air New Zealand. After the training is over, implementation will take place. This will be followed by monitoring of the progress, which is important to understand whether any further change is required (Hornstein, 2015). The three leadership styles that match with the change management process of Air New Zealand are the authoritative leadership style, the affiliative leadership style, and the democratic leadership style. Both the CEOs of the company were authoritative when they believed in the freshly hired professionals and teamed with them to bring the much-needed change. They along with the engaged professionals did the thing for the company. They were affiliate when they felt the necessity of hiring fresh professionals to infuse skilled workforce. It actually paid off. The hired professionals were skilled as well as innovative. They kept themselves engaged with the change management goals and objectives. Without their proper cooperation, the result had never happened. Both the CEOs were democratic when they allowed their employees ample in place to accommodate their own strategy making skills. Employees were given enough of freedom to explore their innovativeness. Additionally, the trust that the leaders had shown in their fresh talents has encouraged them to be engaged in the entire change management process. The loss that has happened in the year 2000 could only be compensated when it experienced a cooperating approach of both the CEOs and the freshly recruited professionals (Trivellas Drimoussis, 2013). This can be concluded that change management in an organization needs a cooperative effort of an ideal leadership style and the committed professionals. Both the leaders and the skillful workforce identify the operational related issues and then they move collectively to resolve the issue. The approach that they select needs an utter use of innovative strategies. In this regard, using the approaches specially designed for change management in an organization produces effective results. The fact can well be understood in the business transition of Air New Zealand, which had experienced a huge loss in 2000. After a long time of 15 years, they have been able to regain the lost status. References Airliners.net. (2017).Ansett And Air NZ To Collapse - Why? Full Analysis - Airliners.net. [online] Available at: https://www.airliners.net/forum/viewtopic.php?t=105325 [Accessed 12 Nov. 2017]. Airnewzealand.co.nz. (2017).Air New Zealand: Book Flights NZ International Online. [online] Available at: https://www.airnewzealand.co.nz/ [Accessed 12 Nov. 2017]. Card, A. J. (2013). A new tool for hazard analysis and force-field analysis: The Lovebug diagram.Clinical Risk,19(4-5), 87-92. Carmeli, A., Gelbard, R., Reiter?Palmon, R. (2013). Leadership, creative problem?solving capacity, and creative performance: The importance of knowledge sharing.Human Resource Management,52(1), 95-121. Chemers, M. (2014).An integrative theory of leadership. Psychology Press. Cummings, T. G., Worley, C. G. (2014).Organization development and change. Cengage learning. DInnocenzo, L., Mathieu, J. E., Kukenberger, M. R. (2016). A meta-analysis of different forms of shared leadershipteam performance relations.Journal of Management,42(7), 1964-1991. Esselment, A. L., Lees-Marshment, J., Marland, A. (2014). The nature of political advising to prime ministers in Australia, Canada, New Zealand and the UK.Commonwealth Comparative Politics,52(3), 358-375. Fairhurst, G. T., Connaughton, S. L. (2014). Leadership: A communicative perspective.Leadership,10(1), 7-35. Freeman, E., Moutchnik, A. (2013). Stakeholder management and CSR: questions and answers.uwf UmweltWirtschaftsForum,21(1-2), 5-9. Hrisch, J., Freeman, R. E., Schaltegger, S. (2014). Applying stakeholder theory in sustainability management: Links, similarities, dissimilarities, and a conceptual framework.Organization Environment,27(4), 328-346. Hornstein, H. A. (2015). The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), 291-298. Jensen, K., Scott, R., Slocombe, L., Boyd, R., Cowey, L. (2014). The management and organisational challenges of more joined-up government: New Zealands Better Public Services reforms. Kim, D. Y., Kumar, V., Kumar, U. (2012). Relationship between quality management practices and innovation.Journal of operations management,30(4), 295-315. Klenke, K. (Ed.). (2016).Qualitative research in the study of leadership. Emerald Group Publishing Limited. Lawrence, A. T., Weber, J. (2014).Business and society: Stakeholders, ethics, public policy. Tata McGraw-Hill Education. McAdams, D. P. (2017). The Appeal of the Primal Leader: Human Evolution and Donald J. Trump.Evolutionary Studies in Imaginative Culture,1(2). Mok, K. Y., Shen, G. Q., Yang, J. (2015). Stakeholder management studies in mega construction projects: A review and future directions.International Journal of Project Management,33(2), 446-457. Notgrass, D. (2014). The relationship between followers perceived quality of relationship and preferred leadership style.Leadership Organization Development Journal,35(7), 605-621. Scoop.co.nz. (2017).Air New Zealand Draws Praise On Ethics Issue | Scoop News. [online] Available at: https://www.scoop.co.nz/stories/PO0304/S00130.htm [Accessed 12 Nov. 2017]. Stuff. (2017).Smarts drive Air NZ success. [online] Available at: https://www.stuff.co.nz/business/industries/10519234/Smarts-drive-Air-NZ-success [Accessed 12 Nov. 2017]. Trivellas, P., Drimoussis, C. (2013). Investigating leadership styles, behavioural and managerial competency profiles of successful project managers in Greece.Procedia-Social and Behavioral Sciences,73, 692-700. Van Wart, M. (2014).Dynamics of leadership in public service: Theory and practice. Routledge. Van Wart, M. (2017).Leadership in public organizations: An introduction. Taylor Francis.

Wednesday, December 4, 2019

Corporate Finance Financial Officer Designation

Question: Describe about the Corporate Finance for Financial Officer Designation. Answer: The chief financial officer designation varies with the nature of the business of the company. The CFO of a company is directly concerned with the financial control and planning. CFO comprise of the top management member. The staff and the line opportunities of the company is concerned with the duties of CFO. The chief financial officer is known with different names such as the financial manager or the financial controller. There are also people working under the supervision of CFO. The selected company for discussion is Real Energy Corporation limited which is listed on the stock exchange and is an explorer of gas and oil. The company was established in the year 2009 and has retained interest of 100% and possesses the potentiality of funding in the future (Asx.com.au 2016). The company is one of the most prolific petroleum producing basin on the conventional offshore. However, the current market capitalization of the company does not reflect the potential of enormous gas resource. A ll the projects undertaken by the company is wholly owned by the company. The company contributes to the operation of several tenements in the Copper Eromanga Basins. The company signed a letter of intent in the year 2015 with the Incitec Pivot regarding the supply of gas from the basin of project of Real Energy Cooper basin and the agreement was signed for the period of 10 years. The company has strong commercial and the technical team. The current financial controller of the company is Ying Ou B who is a master of business administration and has experience in the joint venture, corporate accounting and the finance in the industry of resource and oil (Realenergy.com.au 2016). The responsibility and the objectives of the CFO or the financial controller of the company regarding the companys financial position are discussed below: CFO or the financial controller responsibility- A CFO who is successful is well capable to deliver the responsibilities and the goal of the company regarding its financial reporting. The effective CFO provides the company with the effective outlook for the proper evaluation of the financial records of the company. Accurate reporting and accounting of financial records: The report on the financial status of the company is provided by the CFO and is responsible to keep the accurate financial records. The CFO of the smaller organization is concerned with the handling of the basic duties of accounting and is liable to produce the accounting reports on the monthly and the annual basis. On the other hand, in the larger organization, the responsibilities shifts form handling the accountings and producing the annual reports to the analysis, managing and the oversight (Bishop et al. 2014). The reporting and the actual accounting of the company Real energy Limited is done by the departments or the divisions and in order to gain the complete scenario of the financial status of the company, the CFO needs to review such reporting. However, the board of director needs the annual financial report to be provided by the financial controller in the meeting of board of directors. The financial controller of the company has the responsibility to present the past and t he updated financial information of the company to its various stakeholders such as the creditors, employees, debtors and the management and the board of the directors. This would enable them to get the appropriate and the exact information about the financial status of the company (Brausch 2014). Budgeting and the management- The CFO is concerned with the overseeing the matters relating to the financial statements of the company such as budgeting, salaries, cash flow and investments in the smaller organization. The paychecks of the employees are signed by the finance controller in smaller corporations. In the larger organization, the CFO is concerned with the handling of the administrative role with respect to the budgeting and allocating the resources. On the basis of the reports provided by the division managers, the finance controller of the company makes the administrative decisions such as deciding the pay of scales, budgeting and the resource allocation. The finance controller of the company has an important contribution in the management of the financial risks and the capital acquisition and the strategy of investments. He or she is also responsible for making the capital investment in the company (Frahm 2014). All the financial reports are analyzed and according the finance controller takes the financial decisions. The budget of the company is planned in such a way that all the debt of the company would be paid off when they fall due. The financial mangers maintain the conservative capital structure of the company and this would make the strategy of financing of the companies attractive to the investor and the shareholders. The CFO makes use of debt financing and equity financing in an appropriate way so that the capital structure is at low risk and the return gets maximized (Friedman 2015). Planning and strategy of financials- The long term strategic plan of the company is formulated with inclusion of the CEO and CFO of the company as the finance controller is increasingly partnering with the Chief financial executive to take part in the strategic plan formulation. The CFO is concerned with further enhancing the profitability of the company. The productivity of the Real energy limited is evaluated by the finance controller and he is responsible for searching the areas of efficiency which would be enhanced. The finance manager is responsible to call upon and use their knowledge of marketing and funding of the resources and the company is expected to provide the general outlook of the company with regard to its economies and assist in taking decisions about the resource allocation and taking the risk with regard to the financials of the company (Kliger and Gurevich 2014). The responsibility of the financial position of the company is solely provided by the CFO and the analysis of the present and the past rec ords of the financial reports are done by him or her. It is also the responsibility of CFO to forecast the future aspects of the financial reports and its effect on the financial position and the financial status of the company. Duties and the impact of responsibility of the Real Energys CEO: The CFO of the company is involved with the growth of the business and its profitability and he is also concerned with the acquisition of the properties of production. The acquirement of Mosaic by entering into the arrangement with the AGL limited and the finance manager was instrumental in achieving the decisions. The CFO is liable to perform the technicalities in the financial management. The objectives of the company are aligned with the planning of the integrated business of real energy Corporations Limited. The managers and the board of directors make sure that the objectives and the goals of the company are met and is aligned with the favorable financial status of the company. In achieving the strategic aim and the financial objectives of the company the CFO of the company act as the catalyst in stimulating the companys behavior regarding the same. In order to achieve the higher aim of the business, the CFO intends to perform the operational structure of the company (LeBlanc 20 12). The volatility of the financial market affects the functioning of the company and indirectly effect the share price of the company and he is responsible to imbibe the volatility in the true and the beneficial sense of the company. The various fulfillment of the company regarding the financial reporting is performed by the companys finance controller. The efficiency in the objectivity of the costs and the various strategic objectives of the Real Energy Corporations Limited is performed by the CFO of the company. The CFO is also responsible on the acquisition for the mergers and the business combination of the company and he is also held responsible for accounting of the management of the performance of the various properties of the company. Whether the company is holding the diversified portfolio and is able to handle the financial risk and its efficiency depends upon the skills and the knowledge of the finance managers (Lee and Zhang 2012). The portfolio is built in such a way that it becomes the energy service provider globally to the potential clients all over the world. The financial goal of the CFO of Energy limited is attained successfully by making the working of the company effective and generates the profits and it also depends upon the knowledge of the company. The financial position of the company gets triggered by the incorporation of the skills and the talent of CFO in handling the various financial objectives of the concerned company. The budgeting, planning and the financial reporting of the company are integrated to achieve the better financial position of the company in the present scenario (Mohanty 2014). The agreement which the company entered provides the investment of $ 35 million toward the project development. This provide for the negotiation so that the sale agreement of gas gets finalized. The efficient market hypothesis shows that the stock market performs efficiently as it reflect the relevant information and incorporate all the available information in the market and the individual investor cannot beat the market and the investor cannot earn extra profit by making investment as the information available is perfect. The investor has got tendency to invest in the undervalued securities which would yield more vale in the future and they expect to select the securities that would outperform the market. The investor needs to analyze the market and perform the investment after conducting the proper analysis (Westerlund et al. 2015). The efficient market exists because there exist extensive competition among the investors to earn the profits. The investor spends time in evaluating the stocks that are under priced or overpriced. The investor expecting high return should make the investment in the riskier stocks. This is so because a high risk stock comes up with the high re turn (Ortiz et al. 2015). The pension fund manager is mainly involved with the implementation of the investment strategy relating to the funds which can be managed by him individually or three or more people. The investment quality of the fund is analyzed with regard to the duties of pension fund managers. The pension schemes working in an effective way is the responsibility of the pension fund managers and this would ensure sustainability. The funds of the pension are managed in an effective way by the pension fund manager. The retirement benefits program would be effective if the accumulated funds are managed in an optimum way. For the appropriate management of the funds, the fund managers call for the implementation of the schemes of the new pension funds (Pensions-institute.org 2016). The experience level of the company determines the working of the pension funds managers and it varies company to company. The role of the fund managers comes in regard to the development of the various schemes of the pension funds so that it contributes to the benefits of the pension funds holders and the administration of the pension funds gets administered. The board of the company and the important investment decisions works with the responsibility of the fund managers regarding reviewing, discussing and agreeing with the framework of the various funding strategy. The addressing the performance of the pension funds and make it functions in efficient manner, the pension funds managers need to effectively perform its function along with its own line. According to the efficient market hypothesis, the shares listed in the stock exchange is always traded at the fair value as there does not exist superior information in the market to gain something extra. The extra gain depends upon the willingness of the investors to take additional risks while making the investments. The investor needs to meet the criteria of the efficient market hypothesis. The pension fund manager is concerned with the diversification and the pooling of the pension funds and the financing pattern of the individual gets affected by the pension funds (Verma 2014). Reference: Asx.com.au.(2016).[online]Availableat:https://www.asx.com.au/asxpdf/20151027/pdf/432fpscz3bb7hz.pdf [Accessed 29 Sep. 2016]. Bishop, C.C., DeZoort, F.T. and Hermanson, D.R., 2014. The Effect of CEO Social Influence Pressure on CFO Financial Reporting Decisions. Brausch, J., 2014. Becoming a winning CFO.Strategic Finance,96(1), pp.19-20. 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