Juvenile Vs Juvenile - 915 Words

Juvenile v. Adult Corrections Juvenile delinquents use to not face police or a correction system, only the fear and punishment of their families. However, as the juvenile delinquents aged they were faced with harsher punishments, but it was not until the 1800s reformers started looking for ways to teach values and built asylum and training schools. Then the concept of parens patriae occurred to establish the right to intervene in a child’s life when there were issues (Siegel, 2016). The next major change was in 1967 with the case In re Gault, when the Supreme Courts give juvenile due process rights and attorneys. The United States established the juvenile correction system to have the best intentions to help juvenile delinquents change†¦show more content†¦There are excessive caseloads and overcrowding in both detentions for juveniles and jails for adults. Both adult and juvenile corrections deal with understaffing issues, training, and stressful environments that burn the employees out. Law enforcement officers use their own discretion with both offenders and everyone is entitled to receive Miranda rights when arrested. In addition to receiving their Miranda rights, both offenders are entitled to know their what they are being charged with (Hirby, 2013). Also, both adult and juvenile offenders are entitled to an attorney. Also, both offenders can be put in pretrial facilities, while both courts use the method of innocent until proven guilty. Both offenders can receive plea bargains or sentenced to probation or institutional facilities. There are boot camps for both adults and juveniles. Lastly, once an adult or juvenile is released, they can be placed under supervision in the community. Differences Between Adult and Juvenile Corrections Although there are similarities in adult and juvenile corrections, there are also plenty of differences. Adults cannot be arrest for status offenders, whereas juveniles can be arrested for non-criminal acts. Unlike adults, the age of a child must be taken into consideration when being questioned. Also, the age of a child will establish the jurisdiction of the juvenile court, not for an adult. While adult court proceedings are formal, juvenile are moreShow MoreRelatedJuvenile Court Vs. Adult1452 Words   |  6 Pagesthe punishment they deserve the same. The difference between juvenile court and adult court have been distinct. The issue has been a controversial one for a long time. The two justice systems, juvenile court and adult court have been long established for decades. Both involve people accused of crimes with the basic individual rights in the court. According to Pacific Juvenile Defender Center, it stated, â€Å"Youth may be held under juvenile court jurisdiction from age 12 until age 21, or until age 25Read MoreJuvenile vs Adult Justice System Essay989 Words   |  4 PagesAdult Justice v Juvenile Justice System There is no question that if a person is involved in any type of crime they will at some time make their way through the justice system. However, when that person is an adolescent they will go through the juvenile justice system, as an adult would go through the adult justice system. Even though the crimes of each can be of the same manner or hold the same severity the punishment results can differ. The main reason for having the two different justiceRead MoreJuvenile System vs Adult System609 Words   |  3 PagesMy thoughts on this subject are pretty limited in reference to the similarities and differences between the juvenile and adult justice systems. What I have known is that in Colorado anyone under the age of 18 is considered a juvenile and if they commit a crime and if they are charged they go to a juvenile facility. Depending on the seriousness of the charge determines if they would be held or released to their parents. I believe their parents must be notified and present when they are advised ofRead MoreJuvenile Rehabilitation: Adult Prison vs. Juvenile Incarceration1703 Words   |  7 PagesJuvenile Rehabilitation: Adult Prisons vs. Juvenile Incarceration Maureen Fries-Labra English 122 Anna Hopson December 14, 2009 Juvenile Rehabilitation: Adult Prisons vs. Juvenile Incarceration The criminal justice system has a branch for juvenile offenders. Established in the early twentieth century; it is the responsibility of this division to decide the fates of youthful offenders. This is administered by family court with support of social workers and family. With the increased numberRead MoreJuvenile Vs. Adult Corrections939 Words   |  4 PagesJuvenile vs. Adult Corrections The correctional justice system of the United States focused to keep crime out of the streets. The age group divides once the criminal becomes eighteen or above, but sometimes the lines are drawn at the age eighteen to determine if the criminal is convicted of a crime as a juvenile or as an adult. The system allows a rehabilitation facility to maintain criminals from relapsing an offense they have done or will do in the future. Although, criminals charged as an adultRead MoreJuvenile Delinquency : Should Severity Of Punishment For Young Offenders Be The Same As Adults?1200 Words   |  5 PagesJuvenile Delinquency: Should Severity of Punishment for Young Offenders Be the Same as Adults? Throughout centuries of development, crime and social safety are still the biggest concerns for a country since it can influence the political, economic, and social aspects. With the evolution of human civilization, more than seventy percent of the world has been urbanized into developed countries. These countries contain advanced technologies, highly-comprehensive policies and economic system. Along withRead MoreJuvenile Delinquency Prevention Act Of 19741576 Words   |  7 Pagesexploring the internet on juvenile delinquents. We as a class have had many good questions to answer about the different ways juveniles are treated, and what the correct or incorrect treatment is for juveniles. We have written many papers and had many discussion on historical milestones, landmark cases, adult courts, juvenile courts, probation and parole, detention centers and juvenile training programs. This semester has really changed the way that I look at juvenile delinquents. Three historicalRead MoreAccording To T. Williams At Https://Www.Nytimes.Com/2016/12/29/Us/Us-Prison-Population.Html?_R=0,1236 Words   |  5 Pagesdecreasing. The opposite can be said about juvenile related crimes which seem to be increasing. In this paper, I will be providing my reasons as to why I believe juvenile related crimes are going up, as well as talk about two programs that are working to keep at risk youth out of the criminal justice system. To start with I will be providing my opinion as to why juvenile related crimes are increasing. I do believe that the number one cause of juvenile related crimes is due to how a family is structuredRead MoreJuvenile Delinquency Essay1646 Words   |  7 PagesA juvenile delinquent offense is an act committed by a juvenile for which an adult would be tried at a criminal court. New statistics give an alarming picture: juvenile delinquency is higher as never before. According to the census bureau, in 2008 there were 1,653,000 recorded delinquent offenses in the United States. This is a 23.6% increase from 1990 when 1,337,000 delinquent offenses occurred. Today, a lot of people demand lowering the age of criminal responsibility and draconian penalties (JensonRead MoreCriminal Law Foundations evaluation paper1641 Words   |  7 PagesCriminal Law Foundations Evaluation The Juvenile Justice System Juvenile justice is the section of law that applies to persons under the age of 18 not capable of receiving sentencing in the adult court system or old enough to be responsible for criminal acts committed in society. In most states the age of criminal culpability is 18 however, the age requirement can be set lower in accordance to certain crimes and statutes set by the state the juvenile lives in. Juvenile law is primarily run by state law

Taobaos Success - 1860 Words

Taobao’s Success 1 Taobao’s Success The most successful C2C E-business platform in China Chenlei Shi 865313 IT IS 600 Professor Robert Testa, Jr. September, 18, 2010 Taobao’s Success 2 Abstract With the great speed of economic globalization, E-Business is developing in a surprising speed through the wide-spread of information technology. Nowadays, there are a lot of big E-business corporations such as Amazon, E-bay focus on different E-business model and field. However when these international companies carving up the global market, some local enterprises also growing up and want to share this big cake. Taobao (www.taobao.com), a Chinese-based company which is a leading platform for C2C personal transactions, was founded in 2003†¦show more content†¦Until 2005, this Taobao’s Success 5 problem was solved by eBay-Each, but without doubt, eBay-Each lost its advantage in credit transaction. Third, eBay-Each used advertisement blocking tactics to fight Taobao. In 2003, the biggest three portal in China (Sohu, Sina, 163) made a deal with e-Bay that they would never use Taobao’s advertisement. To fix this problem, Taobao use a lot of traditional medium such as newspaper, TV or subway stops, bus, road advertising. Moreover, Taobao also made a co-operation with Yahoo, using Yahoo’s search bid, investing 2 million keywords. Then Taobao increased the keywords to 3 million, and the hits up to 6million in one day. That made Taobao beyond its opponent in two key indicators, accounting for the initiative in future competition. Furthermore, another difference in Taobao’s advertisements, their membership in the trading process could feel lively culture of family. Fourth, eBay-Each and Taobao had a significant understianding gap in market positioning. EBay-Each have their global strategy and want to do business with the people who are 30-40years old. While Taobao ’s strategy is localization, and its target population was also younger than its counterpart. Last but not least, Taobao encouraged their buyer and seller makes private transaction, and supported a convenient platform. One example is the communication tool for members in a timely manner - Live Messenger. If the user enters a shop, just the owner is alsoShow MoreRelatedComparative Ebay and Taobao3114 Words   |  13 Pagesonline market, is one of these countries. In 2003, after its cooperation with Eachnet, the first C2C online company in China, eBay became the largest online trading company in China, controlled 90 percent of the Chinese C2C market (Zazaian, 2006). The success continued until Taobao, a completely free online C2C platform, established in China by the founder of Alibaba.com. Taobao quickly became dominant in Chinese online C2C market, controlling as much as 67 percent of the market in 2005, compared to eBay’sRead MoreThe E Commerce Companys Strategy1724 Words   |  7 Pagesleading to the blossoming of the Chinese Internet market. One can say without doubt that Jack Ma’s entrepreneurial skills and vision are huge contributors to Alibaba’s success. Ma’s approach to competition appears childish and playful, but nevertheless effective in its purpose. Local Knowledge was a crucial factor in Alibaba’s success in the market. For example, Alibaba collaborated with a reputable bank in China to start a payment system because of its local knowledge. Credit cards may have been usedRead MoreTaobao Essay962 Words   |  4 Pagesinterface, they took into account that Chinese consumers like busy web designs with strong colors whereas compared to the westerners who prefer sparse sites like Google’s, but Chinese customers want their sites to be noisy, with lots of links. Taobao’s Trust Alibaba Group knew the Chinese business culture, which is different from the western’s culture. One of the difference was trust, which Chinese affect- and cognition-based trust are highly intertwined unlike westerners that keep it separateRead MoreWhy Ebay Failed in China1913 Words   |  8 Pagesquick mode of entry and less political and economical risk due to local partner. They ignored these strengths and failed to use it to their advantage. Compare and contrast Taobao’s business model to the one(s) used by eBay during the reference period, in the case study. Discuss the reasons for the preference of Taobao’s over eBay’s. Learning organizations [are] organizations where people continually expand their capacity to create the results they truly desire, where new and expansive patternsRead MoreWhy Ebay Lost to Taobao in China - the Global Advantage2817 Words   |  12 Pagesuniquely indicates the online status of all sellers with a bi-polar coloured icon and TaoBao’s internal search engine enables buyers to list only those items whose sellers are online (see Figure 1). This means that a prospective buyer can check if a seller is online, and if so, can use TaoBao’s integrated IM system, WangWang, to contact them. WangWang is an embedded, pseudonymous communications tool, sharing TaoBao’s user-ids, and so is the default IM system for all TaoBao users. eBay eBay (China) (wwwRead MoreChina E Commerce Market Analysis1564 Words   |  7 Pagescompanies mindset has helped them to keep working and not giving up, also the the liberty that has giving to employees to innovate create advantage s. 2. Discuss the rationale behind Ma establishing Taobao.com. What are the factors that led to Taobao’s success as compared to eBay in the Chinese online auctions market? Ma established Taobao.com because he want to compete against eBay, and take the leadership in the auction market, he team up with Son to overthrow eBay that at this time got about 80%Read MoreMarketing Tools For The Chinese E Commerce Markets1544 Words   |  7 Pagescompanies mindset has helped them to keep working and not giving up, also the the liberty that has giving to employees to innovate create advantages. 2. Discuss the rationale behind Ma establishing Taobao.com. What are the factors that led to Taobao’s success as compared to eBay in the Chinese online auctions market? Ma established Taobao.com because he want to compete against eBay, and take the leadership in the auction market, he team up with Son to overthrow eBay that at this time got about 80%Read MoreAnalysis on the Success of Taobao2874 Words   |  12 Pages978-952-5726-00-8 (Print), 978-952-5726-01-5 (CD-ROM) Proceedings of the 2009 International Symposium on Web Information Systems and Applications (WISA’09) Nanchang, P. R. China, May 22-24, 2009, pp. 202-205 Analysis on the Successful Strategies of Taobao’s E-Commerce Yang Lixia 1, Liu Xun 2 College of Arts, Hebei University of Engineering, Handan, China Email: claireyang123@yahoo.com.cn 2 College of Mechanical Engineering, Hebei University of Engineering, Handan, China Email: cnliuxun@yahoo.com.cnRead MoreAlibaba- Corporate Advantage and Competiton1818 Words   |  8 Pagesexample of the strength of Alibaba’s decentralised structure. Launched in 2004 as part of Taobao, Alipay held consumer’s payments until purchased goods were received, thus eliminating settlement risk. Initially incubated, Alipay became fundamental to Taobao’s growth and soon reached critical mass, this presented opportunities beyond the internal organisation leading to Ma’s decision to separate Alipay from Taobao as an independent unit (case p.5). By 2008 Alipay had approximately half of all online paymentsRead MoreE Commerce Powerhouse Ebay Is Known Internationally As A Leader1476 Words   |  6 Pagesgraduate as CEO for the company. As CEO of the Company, Whitman spearheaded the eBay Initial Public Offering (IPO) where the company sold over 4 million shares of the business to the public at $18 per share. With new found revenue and continued success, eBay decided to expand the scope of its business and acquired Butterfield Butterfield. Butterfield Butterfield is one of the world’s largest and most prestigious auction houses specializing in fine arts and irreplaceable collectables. Acquisition

Effects of Identity Theft on Social Networking Sites Free Essays

string(83) " are turning to the Internet to keep in touch with friends, family and colleagues\." This research is important because of the rowing risks of Identity Theft, as the blob sites and social networking sites Users population increase, Identity theft crimes also increases. This may help the students to focus on their studies, knowing that they are safe from Identity theft criminals because nowadays, social networking sites are used in sharing information that may help them in their studies. The study is concerned with the various personalities of the student, this is one way to release and expose their creativity to provide interactive materials in preventing identity theft. We will write a custom essay sample on Effects of Identity Theft on Social Networking Sites or any similar topic only for you Order Now This is to warn the Users about Identity Theft. This study is conducted for the users to be aware in these existing crimes. This can develop the values of an individual which shows care in their fellow users that can be a victim of identity theft. Being a contributor in decreasing the identity theft in social networking sites deserves honor in the country, it can be not as formal as expected, but it gives moral to the country. With this research, contributors started to be professionals by sharing their efforts and knowledge to help the country fight against Identity theft. Theft is an unusual act of human being which results too rime that intentionally creates huge problem in our society. Theft builds a serious damage in reputations and accounts in users of computer system, personal properties of users may and can be steal anytime by the fraudsters. Identity Theft is an epidemic which is rising in our society, it affects everybody even the newbie which are new users and adequate users, Criminals for many years improved materials to get easy access in stealing. Identity theft is a serious crime that defrauds millions of dollars from innocent victims. Identity Theft exists because of the advance ways of doing crimes which result to inhuman to inhuman nature act. There are instances that Identity Theft crimes are unrecognized by users that’s why criminals are more pursuing the act of stealing that builds a broken system in our computer society. The effects of Identity Theft really change each and every member of Social Networking Sites, Identity Theft creates damage which is not limited in financial problems, and psychologically users were also affected because of the improper use of their identity that tends to destroy their reputation. Social Networking Sites were also affected; there would be less numbers of users because they are afraid of Identity theft which ends to break rules and security and system in Social Networking sites. If there are mounting problems for sure there would be more alternative solutions for their kind of increasing problem, through implementing rules and laws would be more accurate and flexible in building a strong security and social networking sites and other websites. Security operators and administrators in Internet will also play a big role in preventing and decreasing Identity theft. Since there are different kinds of Theft that are existing in our country, students must be aware in these existing crimes to prevent more hilarious situations. Technology was developed because of humans high intellectual abilities and they can create either epidemic crime of precautionary measures in existing crimes. Many people are innocent in fraudsters and criminals that’s why they need to improve their knowledge when it comes to cautions about Identity Theft. Unimplemented laws result in increasing crimes that’s why it should be release as soon as possible to prevent existing crimes. If we minimize Identity Theft there would be a solid computer system which can be attain through knowledge sharing to the users. Definition of Identity Theft Identity theft is a crime. Identity Theft and Identity fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for economic grain stated by the U. S. Department of Justice. With enough information about an individual, a criminal can take over that individual’s identity to conduct wide range of crimes like fraudulent use of telephone calling cards, or obtaining other goods or privileges which the criminal might be denied if he were to use his real name. Identity Theft is â€Å"an absolute epidemic†, according to Robert Ellis Smith, a respected privacy author and advocate. It affects everybody, and there is very little you can do to prevent it and, I think, worst of all-?you can’t detect it until it’s probably too late. Some law-enforcement authorities call identity theft â€Å"the fastest growing crime across the country right now†. In fact, identity theft is the most called-about subject on the Privacy Rights Clearinghouses telephone hotlist. (http:// www. Identifying. Org/). In many cases, a victim’s losses may include not only out-of- octet financial losses, but substantial additional fi nancial costs associated with trying to restore his reputation in the community and correcting erroneous information for which the criminal is responsible. (http://www. ]justice. Gob/criminal/ fraud/websites/theft. HTML) Coming from the answer of Anna Marie Estonia, a sophomore IBIS student of PUT, Identity Theft is a form of stealing someone’s identity in which someone pretends to be someone else by assuming that person’s identity, typically in order to access resources or obtain credit and other benefits in that person’s name. Therefore, the researcher concludes that Identity Theft is a Technological act of Theft, this involved High Technological objects Oriented Materials which are used in stealing. As our Technology develops many crimes were developed as well because of the improper use of internet and computer system. Identity Theft implies the low security in accessing internet and other online sites which can cause devastation in other users. Many cases were not yet settled with regards to this manner and many implemented subscriptions were in act to support the anti-Latinity Theft in Social Networking Sites which can help many recent and future users. The Concept of Social Networking Sites More and more, people are turning to the Internet to keep in touch with friends, family and colleagues. You read "Effects of Identity Theft on Social Networking Sites" in category "Papers" Social networking sites (SONS), make staying involved quicker, easier – and more fun – than ever before. However, Social Networking Sites have drawbacks. These relate to privacy. While you can protect yourself, you can’t control what others post about you – a growing concern as employers are beginning to search out information about new and potential employees. As there are few erasers to fraudulent usage, there is significant risk of misrepresentation. A user should also monitor the terms of use for SONS – they have been known to change without notice. People have also been known to become addicted, spending so much of their time on these sites that their real lives suffer. 5 minute Guide to Social Networking Sites) Social Networking sites are social network sites as web-based services that allow individuals to construct a public or semi-public profile within a bounded system; articulate a list of other users with whom they share a connection, and view ND traverse their list of connections and those made by others within the system. (http://]CM. Indiana. Du/via/iss ues/Boyd. Ellison. HTML) There are dating sites, friendship sites, and sites with a business purpose and hybrids that offer a combination of these. Globally, hundreds of millions of people have Joined one or more social sites. Whom. PCMCIA. Com) From the response of Noel Angelo Magellan, Social Networking Sites are more likely a virtual place where people in the world can communicate and interact with each other socially and as explained by Christine Marie Tyson, Social Networking ties are used for communicating our love ones in other places in the world, our long lost friends, used for worldwide meetings and many more. In short, communicating people’s lives to another person around the world. Example of this sites are Faceable, Twitter, Renee, Webb, mayday and many more. To sum it up, Social Networking Sites are made for the purpose of social interaction – connecting and communicating with one another around the world through internet. Describing the Cases of Identity Theft Law enforcement agencies have developed new methods and new relationships to catch the bad guys in cyberspace. Some cases include Reshipping and Pushing. Reshipping is an operation in which conspirators or unwitting accomplices in the United States are hired to receive packages of electronic or other merchandise bought with fraudulent or stolen credit cards, and then repackages the merchandise for shipment, usually abroad. By the time the merchant finds out that the credit card was fraudulent, the merchandise is already in another country. Pushing is the act of attempting to steal passwords and financial information by posing as a trustworthy person or business in a seemingly official (spoofed) electronic communication. Daniel Larkin, Fighting Online Crime) It may seem that there are some countries like the United States and Australia which have already enacted laws that pertain to the prosecution of identity theft related crimes. The Philippines however, being one of the largest Faceable populations in the world -? is also one of the many countries without a law to protect its citizens from online identity theft. Clogging is one of the many online problems involving identity theft. A Kellogg is software that tracks your keystrokes and records them so that a hacker can go back later and see what sites you visited, what information you submitted and more. Gallopers work invisibly in the background and a re impossible to detect without security software. (www. Agro. H) As explained by Christine Marie Tyson, cases of identity theft nowadays can do anything like, chatting with strangers to get close with them, pushing, hack one’s account in order to get some benefits of their victims, impersonates someone else in order to conceal their own true identity, getting somebody else’s photos and information through social networking sites and portray or imitate the identity of the victim. To summarize the discussion, the one thing that all of these attacks have in common though is the very thing that binds social networks together: trust. We need to become far more aware of the value of our personal information and importantly the information we have about your friends. Effects of Identity Theft in Social Networking Sites The growing popularity of social networking sites (SONS) among the Internet users demands an introspection of personal and social behavior of human beings. Today 1. 5 billion people across the world have their profiles in social networking sites. SONS becomes a reason for anxiety and addiction. The beginning of social networking sites started to make contacts with people and build a network of healthy relationship in the society. But now it seems offering cybernetics’s a great advantage to target victims. (International Journal of Business and Social Science) As stated by Risk Ferguson, Senior Security Adviser of Trend Micro, â€Å"With explosive growth and user populations of this order it’s hardly surprising that these services also appear to be coming of age as attack platforms for cybernetics’s. Web 2. With its user-generated, rich, interactive content and social networking with its interlinked trust-based networks of people and groups, offer cybernetics’s great scope for leveraging the capabilities offered, both to disseminate traditional forms of mallard through new channels and also to carry out social engineering attacks for the purposes of target profiling or identity theft†. (http:// hosted. Personalities. Com/358216/affection/17 46500010/cybercafà ©/) Based on the answer of Paul Francis del Rosaries, â€Å"It can affect the site’s popularity. Some people would probably quit using the site if their image or identity were used in ways that they did not know about. The site would have reduced users which would also affect their income rate. Because social networking sites usually depends on how many users they have on their site for example is the â€Å"Faceable†. † To sum up, with limited government oversight, industry standards or incentives to educate users on security, privacy and protecting your identity, users are then exposed to identity theft and fraud. Additionally, these platforms have terabytes of confidential user information and are likely vulnerable to outside (or inside) attack. Although the issue is not yet in the mainstream conscious, it may well e sooner or later. Cyber laws have to be fortified with advancement of rules as if violators cannot escape committing a crime, at the cost of societal value. Ways on how Identity Theft can be avoided As with any crime, you can’t guarantee that you will never be a victim, but you can minimize your risk These are some of the tips that can make you and your family, safe on social networking sites : 1) Change the profile privacy now. Keep your information accessible only to people in your friend list. 2) Don’t post very personal information on the profile. It includes your email ‘d, date of birth, contact number, mom address and information about your family members. Just like in the real world, it is not possible to completely protect oneself from a crime like identity theft. But there are many safeguards you can adopt to protect your identity. 1 Protect your wallet. Some people keep a lot of stuff in their wallet – credit card charge slips, deposit slips, and all IDs, including their ASS and TIN cards. Minimize your risk by keeping items with personal information in a safe place home. 2. ) Protect your computer. Use anti-virus software, as well as firewall and anti- spare software. This will help deter criminals’ efforts in stealing your personal information. Coming from the answer of Mark Angelo Menace, mostly, celebrities are the victims of Identity theft and it can be avoided in a form or way of privacy. Celebrities should have privacy in other aspects of their life. In the side of the poser or the theft, self-discipline is the best way to avoid this. Another is, other people can report cases like Identity theft. Overall, people should be contented on who they are and what they have and with that there will be no more cases like these. As a conclusion, these are many ways in minimizing Identity Theft; we Just eave to implement it and continue to maintain the security of our computer system. The simplest way in minimizing this increasing numbers on thieves in Identity theft crisis is by Just being responsible enough in our belongings. Minimizing Identity theft will lead to a better computer system. How to cite Effects of Identity Theft on Social Networking Sites, Papers

Financial Decision Making Entry

Questions: 1. How can they relate to the workplace? 2. How they can aid your personal and professional development? 3. Remember to be specific and give examples? Answers: 1. The Cost Volume Profit analysis (CVP) generally assists the managers of an organization to understand the associations that are present within the input costs, profit level and the sales volume. Therefore, it can be said that this CVP analysis is considered as an instrument that is mostly used by the managers of the businesses for making better decisions regarding its operations (Tan 2013). Moreover, the managers of the workplace can also illustrate the break-even point, its analysis and the contribution margin of the business by the help of the CVP analysis. Additionally, the CVP analysis helps in providing a detailed picture of the activities of the organization. On the other hand, the budgeting is considered as the internal part that helps in regulating a business effectively. The reason behind this is that the budget serves as an action plan for the managers of the workplace. Thus, the budgeting helps an organization to plan an action for running the business and also to measure the performance of the organization at the end of the year (Hope and Fraser 2013). 2. Based on the above study, it can be said that the budgeting and CVP analysis will help in both personal and professional development. The reason behind this is that the importance of using budgeting and CVP analysis in an organization has influenced much and their significance will help an individual to implement these either in his own personal business or in his workplace for betterment of the firm. 3. Example of CVP Analysis Example of Budgeting References Tan, K., 2013. An Income Statement Teaching Approach for Cost-Volume-Profit (CVP) Analysis by Using a Companys CVP Model.Journal of Accounting and Finance, v. 11, no. 4, p. 23-36. Hope, J. and Fraser, R., 2013.Beyond budgeting: how managers can break free from the annual performance trap. Harvard Business Press.