Wednesday, February 26, 2020

The study of corporate crimesprecepts and significance Essay

The study of corporate crimesprecepts and significance - Essay Example While many factors including lack of public awareness and concern, the myth that corporate crimes are not serious and/or victimless, absence of broad-based social movement against corporate crime, and the corporate domination of society and academics may have hindered the development of corporate criminology as an academic speciality in the past, the need to address corporate crime as an area of behaviour demanding deep and urgent study by criminologists has been suggested by many researchers.1 The report examines the subject matter of corporate criminology, and attempts to understand the criminological precepts and legal concepts associated with corporate crime. In doing so it shall examine the definitions, classifications and theorisations of corporate criminal behaviour and wrongdoings as well as the implications of corporate criminalisation. The report shall analyse the nature and extent of corporate crimes in the U.K., in understanding the significance of the study of corporate crimes. Edwin Sutherland's 1940 study, "White Collar Criminality" is understood to be the first attempt to study corporate wrongdoings from a criminological perspective.2 Despite his frequent reference to 'white-collar crimes', Sutherland's main concern, as Kramer observes, was "with the crime of corporations".3 Although Sutherland's work was recognized as an important contribution, his efforts, 'a legacy scorned by its putative beneficiaries,'4 did not leave much interest among criminologists, as corporate crime remained largely outside the purview of criminology until 1970s. Doherty comments that the failure of criminologists to address corporate crimes was not entirely wilful, stating that many obstacles including apparent public ambivalence, lack of assessment and awareness of the seriousness of corporate crime and the absence of a valid and meaningful definition has limited the development of corporate criminology as a concerted study.5 From an academic/theoretical perspective, the issues related to defining corporate crime is of particular significance, as a valid and meaningful definition that demarcates the boundaries of the study needs to be established. Defining Corporate Crime Geis and Meier have observed that defining the concept of corporate crime has been traditionally considered as the 'toughest intellectual nightmare,' facing a corporate criminologist.6 Many researchers studying corporate crime often inconsistently use the term 'white-collar crime' to refer to corporate crime. It may be worthwhile to examine the way white-collar crime and corporate crimes are defined and understood. Sutherland defines white-collar crime 'as a crime committed by a person of respectability and high social status in the course of his occupation.'7 Apparently, his definition focuses on the individual offender; however, Gobert and Punch suggests that his later observation, "the criminality of the corporations, like that of professional thieves, is persistent: a large number of the offenders are recidivists" suggests the inclusion of corporations within the category of these offenders.8 Gobert and Punch suggest that corporate crime, in essence refers to the individual, collective and organisational wrongdoing in a business setting.9 These definitions blur the distinction between

Monday, February 10, 2020

Llean Implementation Using VSM and Simulation Assignment

Llean Implementation Using VSM and Simulation - Assignment Example Thus, this report will be an attempt towards depicting the use of the Lean manufacturing technique for optimizing the supply chain of ACW. Technology drives industry. This is true for industrial sectors especially those belonging to the developed economies of the world. Until the last decade, industries in the United States and Europe (which were some of the most heavily industrialized countries of the world) were so heavily dependent on technological Research & development so much so that a major chunk of companies' budget used to be allocated exclusively for R&D purposes. But, the most glaring phenomenon was that there were no research initiatives in the direction of management let alone waste management. Here waste must not be confused with physical waste, as the following sections will go on to depict. It was not until two decades ago that manufacturing industries realized their folly. They had learnt an important lesson from their fellow counterparts in Japan who had successfully implemented & popularized the use of "Just in Time" policies. The "Just in Time" policy was a conglomeration or in other words, a fusion of the concepts of mass production and scientific management methodologies. ... With the passage of time, the concept of lean manufacturing has gained immense popularity with its varied application in fields ranging from mass production to the services industry. Thus, lean methodologies have been successfully implemented in many disciplines.If one were to look down at history towards various sectors of the industry, it can be understood as to how lean principle have come into being. The roots of lean come from the word-CUTTHROAT COMPETITION. Since the 1970s, regardless of the nature or the services provided by the industry, the emphasis is laid more on how fast can the final product be delivered with optimum quality. If one were to look at Dell's strategy, it would be imperative that dell manufactures custom desktops in less than a week so as to remain a step ahead of its competitors. FedEx has been known to deliver packages within a day and this is the reason for the company's huge customer base and its dominance in the courier industry. Thus, their main strate gy is to think on the basis of adding value to the supply chain, which in managerial jargon, would be known as Lean thinking. Under the lean strategy, the industry strives to identify critical elements connected to the industry that add value to the product along with minimizing the production time.The same is the case with the company that is under focus as far as this report is concerned. The company here is called ACW that is based in Tonypandy. The main objective of this report would be to analyze the current state of workflow using some popular methods under the lean manufacturing techniques and thereupon propose further strategies and changes in order to optimize the work processes further. But before that, a major