Celebrity Culture Sociology Essay Sample

Big name Culture Sociology Essay Sample The Celebrity Culture Sociology Essay The Celebrity Culture Sociology Essay The big name culture keeps on being raised altogether. The way of life, which as per Marshall (2006) includes the height of characters into the open spotlight, has gotten profoundly settled in social orders, which is incompletely so because of the pretended by it in the broad communications. Previously, roads, for example, TV and radio broadcasts were the most mainstream channels. Notwithstanding, in the current occasions, innovation has opened its entryways for the utilization of web based life to spread the way of life in different manners. The current paper investigates para-social connection, VIP status and political force, van Krieken’s big name society, new online networking, VIPs, just as religion and famous people. Para-Social Interaction Among the most striking highlights of the new broad communications is the eye to eye hallucination made by the performing specialists. The conditions of reactions to the VIPs are practically identical to those across essential gatherings (Donald, Wohl 2006). Subsequently, watchers see the famous craftsmen as though they are inside a similar circle. Subsequently, the para-social relationship is characterized by the individual affiliation that the new broad communications makes. For instance, if seeing network shows, the picture that is introduced depends on appearance and signal subtleties which catch consideration of customary social minds. In the previously mentioned cases, entertainers frequently face observers and utilize explicitness in tending to or talking. The methodology impacts the last into feeling that they are straightforwardly drawn in, at an individual level. On its part, the crowd reacts by effectively taking an interest in the shows through inconspicuous intimations. The procedure goes on, as entertainers modify their practices to suit their crowds, and the other way around. The conversational simulacrum, including ‘give and take’, comprises para-social connection (Donald, Wohl 2006). Such associations are not liable to detect, exertion and duty administration on the crowd. Observers are allowed to pull back from commitment any second. Notwithstanding, if the association proceeds, the relationship gives a structure to including some dream. Contrasts are experienced dependent on encounters which frequently exhibit the absence of correspondence, in spite of the fact that the crowd can fail to address the worry. The crowd is additionally off guard since it can just pull back from commitment, if unsatisfied. In the current occasions, programs brimming with big name bits of gossip continue expanding. In such shows, frivolous issues structure the plan for conversation. Shockingly, huge quantities of individuals are dependent on following the projects for amusement or to make up for lost time with style patterns. In such manner, the social relationship passes on a message that generally focuses on testing normal practices. In this way, people who feel that the opportunity has arrived to escape from the bounds of routine are bound to discover the shows appealing. On account of radio and TV, the persona reflects prototype indigenous individual of the scene that the media presents (Donald, Wohl 2006). Other than endeavoring to depict the character as recognizable and personal, inescapability and closeness are likewise completely placed into thought. Shockingly, such personae guarantee they have closeness with swarms, involving outsiders. Henceforth, the closeness is an impersonation that is planned for fulfilling the extended objectives. By and by, the high number of beneficiaries appears to be upbeat about the affiliation. The way that the individuals who structure the crowd are welcomed utilizing some casual channels show that famous people are keen on ‘deceiving’ them into accepting that they are relating at an individual level. In this way, through the creation and upgrade of imagination, famous people are in a situation to produce numerous adherents who guarantee that the way of life is supported. The closeness bond is indispensable for the improvement of an individual connection between the superstar and crowd (Donald, Wohl 2006). The primary concern lies in the making of a closeness dream, since the connection between the two gatherings is unquestionably uneven. In making the illusionary picture, the persona copies signals and conversational styles that are obvious just in eye to eye experiences. The pattern represents the significant level of easygoing quality that solicitations of shows take. The thought is to make an impression among fans that they are locked in by and by. So also, observers keep up little talks that show that to be sure the association is individual-based. Big name Status Political Power Both social and political fields continue changing with time. In the current occasions, famous people are utilizing their notoriety or raised pictures to impact popular feeling. Given the significant level of acclaim that such characters appreciate, their open expressions on different issues typically modify the manner in which general society surveys matters proposed or upheld by lawmakers (Merkel 2013). It is obvious that big names have the open consideration. Subsequently, when they mention criticisms regarding matters influencing the individuals, odds of influencing conclusions increment essentially. In spite of the developing impact of superstars, it is doubtful that their capacity doesn't coordinate that of legislators in forming popular supposition on administration issues. In actuality, VIPs appear to hold more power in regards to social issues, for example, style. In any case, their job in governmental issues keeps on rising. Arnold Schwarzenegger is one of the most remarkab le superstars who have figured out how to take their impact from the big name status to open office. The requirement for data is focal towards the choice whether big names should assume a job in legislative issues. Given that data is helpful in dynamic, the open needs its ownership to show up at sound decisions. Be that as it may, not all the people are similarly educated. Subsequently, such people are probably going to settle on ineffectively thought choices and big names develop and impact them. Be that as it may, such events consistently occur, given the way that significant levels of lack of care keep on influencing numerous vote based systems. The suggestion is that the impact from VIPs on governmental issues is developing in height, in spite of the fact that it probably won't illuminate crowds on what is correct. Practically speaking, big name figures are bound to help their companions, rather than significant issues or standards. Be that as it may, in situations where famous people base their help for issues on standard, they are probably going to affect governmental issues. Another worry is that big name impact may preclude a typical individual from claiming an opportunity to evaluate issues being tended to by aimlessly taking the position being bolstered by the famous stars (Merkel 2013). Thinking about that a major level of individuals don't follow political discussions, they are almost certain to take comparative places of those taken by VIP figures. The association among superstars and governmental issues lies on the former’s capacity to incite both positive and negative responses on social and political issues. Be that as it may, in some cases they abuse their statuses to get to specific arrangements or benefits, just as help from political figures in an offer to promote their own political activism. As indicated by Merkel (2013), VIP power is seen as far as the assets of famous characters that permit them to frame social capital that they use while drawing in general society. Attributable to the force that superstars have, they can publically tangle in domineering arrangements and battles. Famous people are developments that are kept up through a blend of industry limited time exercises and subordinates, for example, individuals. Without the two classes, superstars can't exist. The creator proposes the need to examine how famous people impact crowds in making significance and understanding issues being talked about. In his perceptions Merkel (2013) claims that through their economic wellbeing, lawmakers have discovered that star characters are helpful in making a specific picture on voters. The advancement clarifies the inclination for such figures in political battles and other political exercises. Van Krieken’s Celebrity Society Van Krieken (2012) has investigated the VIP society. As indicated by van Krieken (2012), big name figures pull in wide consideration from the media (films, web, books, magazines and TV). The above creator sees that the crisis of innovation is integral to the ascent of another yield of star figures who are overwhelming public activity. van Krieken (2012) additionally exhibits that, as a culture, celebritism is past the Hollywood exercises, given that it is a long-running authentic procedure that began with craftsmanship, theater and print press. By looking outside the regions of the current records of the big name culture, van Krieken (2012) concentrated on the continually changing social structures and practices. Further, van Krieken (2012) surveys moral punctuation, political economy, lawful request, and the development of self-personality dependent on consideration, acknowledgment and appropriation of perceivability. The creator clarifies that the contemporary big name culture is a result of the court society which developed after the democratization of various capacities that were completed by the privileged/governing class. So also, van Krieken (2012) sees that the ‘economics of attention’ has ascended to assume a noteworthy job in the improvement of the VIP society. Consideration is ending up being basic and significant in the current data/advanced age. In the court society, social affiliations are organized on the lines of the royal or regal framework that was predominant across Europe in the Middle Ages. The court society introduced a type of social association that put a few people on others. The crisis of option leadersh

The Levels of Measurement in Statistics

The Levels of Measurement in Statistics Not all information is made similarly. It is useful to arrange informational collections by various standards. Some is quantitative, and some are subjective. A few informational indexes are persistent and some are discrete. Another approach to isolate information is to order it into four degrees of estimation: ostensible, ordinal, interim and proportion. Various degrees of estimation call for various factual methods. We will take a gander at every one of these degrees of measurement.​ Ostensible Level of Measurement The ostensible degree of estimation is the most reduced of the four different ways to describe information. Ostensible methods in name just and that should assist with recalling what this level is about. Ostensible information manages names, classifications, or names. Information at the ostensible level is subjective. Shades of eyes, yes or no reactions to a study, and most loved breakfast grain all arrangement with the ostensible degree of estimation. Indeed, even a few things with numbers related with them, for example, a number on the rear of a football shirt, are ostensible since it is utilized to name an individual player on the field. Information at this level cannot be requested in a significant manner, and it looks bad to figure things, for example, means and standard deviations. Ordinal Level of Measurement The following level is known as the ordinal degree of estimation. Information at this level can be requested, yet no contrasts between the information can be taken that are significant. Here you should consider things like a rundown of the best ten urban areas to live. The information, here ten urban communities, are positioned from one to ten, yet contrasts between the urban areas dont bode well. Theres no chance to get from taking a gander at simply the rankings to realize how much better life is in city number 1 than city number 2. Another case of this are letter grades. You can arrange things so An is higher than a B, however with no other data, its absolutely impossible of knowing how much better An is from a B. Similarly as with the ostensible level, information at the ordinal level ought not be utilized in computations. Interim Level of Measurement The interim degree of estimation manages information that can be requested, and in which contrasts between the information makes sense. Information at this level doesn't have a beginning stage. The Fahrenheit and Celsius sizes of temperatures are the two instances of information at the interim degree of estimation. You can discuss 30 degrees being 60 degrees under 90 degrees, so contrasts do bode well. Be that as it may, 0 degrees (in the two scales) cold as it might be doesn't speak to the all out nonappearance of temperature. Information at the interim level can be utilized in estimations. Nonetheless, information at this level lacks one sort of correlation. Despite the fact that 3 x 30 90, it isn't right to state that 90 degrees Celsius is multiple times as hot as 30 degrees Celsius. Proportion Level of Measurement The fourth and most elevated level of estimation is the proportion level. Information at the proportion level have the entirety of the highlights of the interim level, notwithstanding a zero worth. Because of the nearness of a zero, it currently bodes well to look at the proportions of estimations. Expressions, for example, multiple times and twice are significant at the proportion level. Separations, in any arrangement of estimation, give us information at the proportion level. An estimation, for example, 0 feet makes sense, as it speaks to no length. Moreover, 2 feet is twice the length 1 foot. So proportions can be shaped between the information. At the proportion level of estimation, not exclusively can totals and contrasts be determined, yet additionally proportions. One estimation can be separated by any nonzero estimation, and an important number will result. Think Before You Calculate Given a rundown of Social Security numbers, its conceivable to do a wide range of estimations with them, however none of these counts give anything significant. Whats one Social Security number separated by another? A total misuse of your time, since Social Security numbers are at the ostensible degree of estimation. At the point when you are given a few information, think before you ascertain. The degree of estimation youre working with will figure out what it bodes well to do.

Cultural and Relationship Values Analysis free essay sample

Baderman Island Resorts has concluded that it is a decent time to actualize another worker handbook. Kindly make certain to peruse this update completely to comprehend why the handbook has been changed. Baderman Island Resort keeps on developing in notoriety and carries a wide range of voyagers to the island. Along these lines, the Boardman Management Group believes that having a very much evolved representative handbook will be valuable for present and future workers. Additionally, The Boardman Management Group sees how significant it is that each representative comprehend the organization’s explicit objectives, social qualities. Just as understanding the centrality of every individual from the association to giving the best client assistance to our visitors. Baderman Island Resorts will be changing to follow a more consistence based social framework. Boardman Management Group feels that this change will take into account expanded development, achievement and productivity. This new framework isn't intended to dishearten the representatives from proceeding to step up to the plate and act naturally spurring and to keep on giving quality client assistance. We will compose a custom paper test on Social and Relationship Values Analysis or on the other hand any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page The web blog area will keep on remaining so workers can make proposals and offer thoughts. This new handbook will even now empower anindividual-based culture. Representatives are liable for their own activity execution and for ensuring that they follow the approaches and methodology. In spite of the fact that there will without a doubt be times when a group based culture will be fundamental so as to finish certain obligations precisely and effectively. The crucial vision explanation for all workers is the quality client care, an uncommon excursion experience where the guests’ needs and wants are met well beyond, and to ensure the visitors won't be disillusioned. There has been a change to the strategic vision proclamation that talks about the future augmentations and attractions that are the procedure of formative stages which will show the future and current visitors that the Baderman Island Resort will be the spot to visit later on. The principal thing that will be shrouded in the new worker handbook will be manager rights. This will incorporate wellbeing and security, assorted variety, governmental policy regarding minorities in society and fair treatment systems. There will likewise be inclusion of the representative rights too. This will incorporate similar things shrouded in the business rights. The last utilization of the representative handbook will be as a preparation, reference, and consistence apparatus to enable the association to remain sorted out and concentrated on the objectives and targets of the organization. Representatives will have the option to remain educated on the approaches and techniques, and to help the workers to remember the employer’s duties and their privileges. My expectation is that this update has been educational towards the new worker handbook and the course that Baderman Island Resorts is going towards. I accept that the new representative handbook will be a brilliant instrument for the workers to forestall disarray and questions that the representatives may have. Worker Handbook for Baderman Island Resort Crucial Vision of Baderman Island Resort The crucial vision articulation for all workers is the quality client care, an unprecedented excursion experience where the guests’ needs and wants are met well beyond, and to ensure the visitors won't be baffled. Social Values of Baderman Island Resort Baderman Island Resort has the conviction that so as to keep on prevailing in the present market that the association should turn into a morecompliance-based culture. To guarantee that all laws are followed to ensure that the trustworthiness of the organization and workers is followed. Representative Rights Baderman Island Resort is an Equal Opportunity Employer (EEOC). The company’s reasoning is to perceive singular qualities and qualities that every representative carries to the activity with deference and affirmation. By perceiving these standards it will permit the organization to effectively arrive at its objectives of giving magnificent client administrations and eventually corporate gainfulness. Boss Rights Baderman Island Resort has contracted with a business law office to give lawful guidance and to deal with any representative/manager debates and EEOC issues. Baderman likewise has the obligation to guarantee a sheltered and solid work place for all representatives. Anyway if a representative is harmed at work or turns out to be sick, laborers pay and FMLA leave are offered too.

A Report on Factors Affecting Student Performance - 825 Words

A Report on Factors Affecting Student Performance (Statistics Project Sample) Content: A Report on Factors Affecting Student PerformanceNameInstitution of AffiliationA Report on Factors Affecting Student PerformanceThis report studied two factors that may affect students performance in Math. For a long time I have noticed with curiosity that most of the students in my class do not attain the mean mark in Math. For a long time, I have believed that the more you spend time working out Mathematical problem, the more comfortable you become with them, hence, the better your score. However, some of my friends I randomly surveyed also cited distance from home to ones school may also be a factor that determines if one will have good or poor scores in Math. They explained that those who are far from school get fatigued from long distance travel which reduces their concentration during Math study both in school and at home. I set out to investigate the effect of these two variables; study time (in minutes) in a day and distance (in miles) from home to school, on the end of the term Math score. Math score is the dependent variable while the other two variables; study time (in minutes) in a day and distance (in miles) from home to school are independent variable. I randomly collected data from 30 students in my class which I used to make inferences and conclusions in this report. I designed a form that contained 30 names of randomly selected students in my class and requested them to fill in their time of study and approximate distance from their respective homes to school. With their permission, I requested our Math professor to provide me with their recent Math scores. I entered the data I obtained into STATA software and found that the mean of their score was 68.633 with a standard deviation of 17.135. This means that on average, each student in my class scored 68.633% which is above the average score of 50%. The standard deviation shows us how far the student scores are spread from the mean. The students who took part in this study also i ndicated that they study for 167.67 minutes on average in a day. This is approximately two hours and 48 minutes a day. Lastly, they indicated that their homes are 6.83 miles far from school on average. The regression equation used was;Student Score= Constant + 1*Study time (minutes) + 2*Distance (miles)1 is the coefficient of study time and 2 is the coefficient of distance.05182235Figure 1: Regression Analysis outputFigure 1: Regression Analysis outputleft34861500I expect that study time will have a positive effect on student score because I have always believed that the more you spend time working out Mathematical problem, the more comfortable you become with them, hence, the higher your score. On the hand, I expect distance to have a negative effect on student score because those who are far from school are expected to get fatigued from long distance travel which reduces their concentration during Math study both in school and at home and in return reduce their scores.The figure 1 above is the output of the regression analysis done in STATA. The results concur with my first hypothesis that study time will have a positive effect on the student scores. The coefficient of study time is 0.13556 which means that for every minute increase in time of study, the score of the student increases by 0.13556. However, these results do not concur with my second hypothesis that distance affects student score negatively. On the contrary, for every one mile increase in distance, the student score increases by 1.059. If we consider a 1% level of significance, we would say that study is not statistically significant at 1% level of significance because its p-value is less than 0.01. Distance is statistically significant because its p-value, 0.036, is larger than the level of significance. The correlation coefficient, R-Squared, of 0.9081 shows that 90.81% of the total variation in the score of the students has been explained by the study time and the distance from home to schoo l.left491426500Multicollinearity is a disturbance which results from independent variables in a model becoming highly inter-correlated. I this case, I used...

Love vs Infatuation - 703 Words

â€Å"Love is the life of the soul. It is the harmony of the universe† (William Ellery Channing, n.d.). For many, the simple, four lettered word becomes a mere state of obsession. Everybody wants to be in love but not everyone understands its true meaning. Too often infatuation takes over and consumes one’s desire to find real love. When one meets a special person, someone who makes their heart race and their knees weak, how does one know if they’ve found true love or pure infatuation? Love can be modernly defined as the lifelong commitment one makes to another person, while always regarding the highest good for that person (Chastain, 2008). According to Ann Landers, love is a friendship that has caught fire. Much like a plant, love takes root†¦show more content†¦Ã¢â‚¬Å"No matter how you define it or feel it, love is the eternal truth in the history of mankind (Love Sessions, 2009). â€Å"Love is patient, love is kind. It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, always preserves†Show MoreRelatedLove Vs. Infatuation : Is Love And Love?1515 Words   |  7 PagesWhat exactly is love? Well, love is not Romeo and Juliet nor The Titanic nor any romantic movie that you have ever watched. For many years people have painted love in a tragic way w hen it is not, it is more like infatuation. Love and infatuation have been around for as long as humans have been on this earth since the beginning of times. There are many different types of love, of course, the love you feel for your family, love you feel for your friends and love you feel for your boyfriend/girlfriendRead MoreLove vs. Infatuation in Romeo and Juliet1255 Words   |  6 Pagesfallen head over heels in love with them? First, it would be helpful to know how these two aspects of our lives are alike and different from one another. Love and infatuation are similar because they both show signs of extreme devotion to another human being and involve two people who have strong feelings towards one another. They are different in the sense that love is a deep, meaningful feeling that takes time to develop and grow between two people s souls. Whereas, infatuation is merely the physicalRead More Erich Fromm’s The Art of Loving Essay1159 Words   |  5 PagesThe Art of Loving, I gained a better understanding of what love really is. Fromm’s book puts love into perspective. He begins with several facts with regards to the attitude in which people treat love. They are the problems of how to be loved, the object to love as well as the confusion between the initial experience of falling in love and the permanent state of being in love, which had a great impact on me, as far as thinking about what love is.   Ã‚  Ã‚  Ã‚  Ã‚  Strangers meet, they break down social wallsRead More Analysis of Edgar Allan Poes The Raven Essay809 Words   |  4 Pagesas-yet-unparalleled plane of poetic excellence. It is imperative, then, for the reader to understand that the conflict presented in â€Å"The Raven† is not the commonly-assumed â€Å"Man vs. Animal,† as though to embody the plight of the man as he pits himself against the inexorable and daunting raven who crouches before him, but rather â€Å"Man vs. Himself.† Unfortunately, a sad mistake is predominantly concluded upon by the public at large as they study this piece. Many readers view the titular characterRead MoreGeneral Systems Theory : General System Theory1529 Words   |  7 Pagesrelationship is extremely complicated because it involves strong feeling of care, is intimately knowing, full of promises for the future and is felt deeply by the partners. It is easy to fall in love but difficult to grow in love. When you fall in love, you yield the excitement of infatuation whereas growing in love requires hard work, patience and consistent efforts towards your relationships. This is where complexity comes in. Three major areas encompasses this complexity; Rewards, responsibilities andRead MoreThe Science of Attraction1670 Words   |  7 Pagesskins are exotic. Thin vs Voluptuous Figure There are indications based on paintings and sculptures that during the Hellenistic and Renaissance periods in art, sexy and beautiful meant voluptuous. However, modern fashion and the media today tell you that changing times show a preference for thinner figures. According to some sociological research, in areas where food is scarce, people considered fuller-bodied women to be more attractive. Childlike Features vs Mature Features On the otherRead MoreEven in Real Life, There Were Screens Between U1540 Words   |  7 PagesReal Life, There Were Screens Between Us What is love like for you? Caitlin Dewey’s purpose of her story is to explain to the audience a time in her life in which she experienced love, and to inform and persuade the reader about her perspective of online and in-real-life relationships. However, most people think that love can’t exist when the majority of that relationship occurs online. Caitlin Dewey shares with us her experience with love: online vs. real life. Dewey has a strong argument becauseRead MoreAre Gods And Humans One?1025 Words   |  5 Pageshumans. Referring to the myths Ancient Greece, the gods can be considered as anthropomorphic. Which means a supreme being, such as a god, possessing human-like characteristics. Greek myths are so identified with, because of the relevance to us as people vs if the myth was of a dog creature or an eagle. Generally the creator has the appearance of a human or if not has a supplementary humanely characteristic. Although, Zeus and Hera are Gods, they possess anth ropomorphic characteristics throughout theirRead MoreWilliam Shakespeare s The Crucible 1735 Words   |  7 PagesRosalind’s love interest, Orlando, has been forced to flee his home due to his brother Oliver’s persecution. He meets Rosalind, disguised as Ganymede, in the Forest of Arden, and she/he begins to act as his love coach, teaching him how to act around the â€Å"real† Rosalind. Throughout the story, Celia and Oliver meet and fall in love; Rosalind helps Silvius, a shepherd, earn the hand of Phoebe, a girl who accidentally falls for Ganymede. The play eventually concludes with everyone finding someone to love andRead MoreThe Role of Fire in Romantic and Family Love on Reading the Aeneid1224 Words   |  5 PagesThere are two integral pieces of love in Virgils epic Aeneid: the romantic, lustful love (as felt by Dido for Aeneas) and the grounded, honest, family love (as felt between Aeneas and Anchises). There is a dynamic relationship between the two s ides of love which causes each to emphasize the other Ââ€" an emphasis that is facilitated by Virgils common use of fire and flame imagery to describe both types of love. Upon analyzing the lustful episode between Dido and Aeneas and the image

The Salem Witch Trials Essay - 1674 Words

Although many people have their assumptions as to what specifically caused the Salem Witch Trials, no one has a definite account. One must use logic and prior knowledge to come to the conclusion and realize that multiple factors play a key role in causing the trials. The Salem Witch Trials were caused by religion, politics, teenage boredom, family feuds, economic conditions, and fears of the people. The overall effect of the trials was a major part in American history, not only was it a learning experience for but also present day America. The country can learn how to prevent future outbreaks due to fear and how to cope with loss. During the spring of 1692, a hysteria swept through the little town of Salem, Massachusetts (present-day†¦show more content†¦Thus, witchcraft was considered a sin because it denied God’s superiority, and a crime because the witch could call up the Devil in his/her shape to perform cruel acts against others.† Many of the people accused of witchcraft were merely vulnerable outcasts that the girls sought out to blame. Throughout the Salem Witch Trials people relied on the church to give them answers to everything. One was told that he or she should keep their trust and faith in the hands of the church. Everyone during these trials thought they were doing the right thing for their community, as a result 20 innocent people were killed. Salem was under a lot of stress even before the trials ever took place. From 1680 to 1730 Salem experienced the coldest weather in recorded history for the town. It caused many crops to not adequately grow and added to the witchcraft hype. Back in this time period religion was taken very seriously. In fact it was against the law to not attend church. Men and women would sit on different sides if the church service was particularly long. Puritans not only believed in god, but the devil as well. They believed the following, â€Å"Everyone was faced with the struggle between the powers of good and evil, but Satan would select the weakest individuals—women, children, the insane—to carry out his work. Those who followed Satan were considered witches. Witchcraft was one of the greatest crimes a person could commit, punishable by

Risk Management for Security and Investment - myassignmenthelp

Question: Discuss about theRisk Management for Security and Investment. Answer: Principle 7 of the Australian Security and Investment Commission states that the board of directors with respect to a public company have the duty to detect risk and implement appropriate structure towards addressing them. If the board of directors in relation to a public listed company is not able to identify and implement proper measures for addressing the risk they might not only bring losses for the shareholders, consumers, employees and the society but also to the organisation as a whole. The ASX has provided a few recommendation in relation to management of risk according to which the board of a public company must implement a minimum of one committee for the purpose of identifying and mitigating risk. The committee must comprise of a minimum of three directors who would be totally independent with respect to their working[1]. It is further provided by the risk management recommendations that the risk management framework of a company should be analysed and evaluated at a minim um of yearly basis in order to ensure its effectivity. For the purpose of ensuring accountability the process related to such review also has to be disclosed. It is also the duty of such committee or directors to ensure that the structure and role of the internal audit functions are disclosed. Any material exposure related to economic, environmental and social risk have to be disclosed by a public entity along with the structure adopted for the purpose of managing such risk by the company. In the provided scenario it has been given that significant financial losses have been incurred by the company in context Ardent leisure Limited (Ardent). The financial and Goodwill loss have been incurred because of Dream World leisure Park which was owned and operated by the company and is located at Queensland Gold Coast. The loss was a result of a major accident which took place in the park and took the life of four partons because of alleged technical failure in a ride. Accidents are majorly result of human mistake but in case appropriate measures for safety are implemented these events can be avoided or the harm caused by them can be curtailed. However in the given circumstances it has been alleged that the company failed to take any proper initiative immediately after the deadly event took place and therefore Adrian had been subjected to immense criticism for not being capable of handling post accident period in an appropriate manner. It is common law that the owner of a premises is liable for any harm caused to the occupier of such premises. Therefore it can evidently be said that the company is liable for the accident. If the company would have adopted an appropriate risk management framework it would have been potent enough to recognise the risk in relation to the ride and after recognition the risk would have been addressed in a proper manner. In the given circumstances if a proper risk identification system would have been adopted by the company even if the accid ent would have been caused the after effects of the accident would have been minimised. The company was moreover not able to handle the post accident period in a professional manner which caused immense hardship to the families of the deceased. However search Framework was not in place and the accident took place which not only caused financial loss to the company but also social loss and loss of goodwill. Therefore it can evidently be provided that the board of directors of the company were not able to identify an address is with respect to the accident. It has already been provided in the above section that principle 7 of the ASX related to good corporate governance recommendation enforces our duty on public companies to recognise and address risk by implementing appropriate framework of risk management. The setting up of one or more committee is related to risk management have been highlighted by the principles with respect to the organisation. The committees have to be provided with the role of recognising and addressing this situation and setting up a proper structure within the company to manage search risk. In relation to the given scenario a crisis management team was needed to be in place with respect to Dreamland which should have ensured that rapid action is taken in relation to the accident and therefore the harm resulting out of such incident could have been diminished.[2] The disclosure of any social, environmental or economic risk is also provided by principal 7 and in case search provisions had been adopted by the comp any there accountability towards recognising risk situation would have been enhanced and the dreadful incident would not have taken place. Therefore it can be stated upon the analysis of the fact that the company has not complied with principal 7 provided by ASX in relation to good governance as it has not been able to recognise and address risks[3]. Not only legal consequences the company has to suffer high level competitive disadvantage because of poor governance and breaching the provisions related to risk management provided by principal 7 of the ASX. A failure related to addressing and identifying risks subjects a company to unwanted incidents which are definitely not in the best interest of the company. Not recognising this makes the company increasingly subjected to unwanted incident and in addition the absence of a good Framework for addressing the effects of the incident heavy losses have to be incurred by the company[4]. The value of the organisation in the society also decreases following such incidents along with financial losses. As a result reluctance can be identified within the investors to invest in the organisation. Further no accountability is imposed on the officers and employees of the company because of lack of a risk management system within it which ultimately makes the employees provide bad quality servic es and to become less productive. Enforcement actions against a company for not abiding by the rules of ASX fall within the responsibility of the executive office. The Australian Securities Exchange has in place if not why not policy with respect to adoption of these recommendations. According to this policy if an organisation does not want to adopt the recommendations provided by ASX they have to provide that why they are not following such governance practices[5]. The enforcement decisions are initially provided by ASX Chief Compliance officer however if a party is not satisfied with his decision they have the power to appeal before The ASX appeal Tribunal. The assets enforcement and appeals rule book states that a penalty of $250000 for the breach of operating rules along with a penalty $100000 for breaching AustraCare regulations. For example the ASX was successful towards imposing a penalty of $80000 In the case of Sino Australia Oil and Gas Limited (Company)[6]. Therefore in t he present case related to the accident, civil penalties can be obtained by ASX which may include the disqualification of directors and also pecuniary penalties. Section 180 of the Corporation Act 2001[7] sets of the duty of care and diligence which the directors must hold towards organisation and its shareholders. As provided by section 180 it is the duty of any executive officer and the board of directors with respect to a company to do the duties and use their powers in such a way as to show high level diligence and care. The level of diligence and care must be similar to that of a reasonable person who in the same circumstances would have adopted such measures. In case this section is breached by the directors the court may impose civil penalties in accordance to Section 1317 of the Act. In relation to the business judgement rule a decision which has been taken by the directors is considered to be legal if the decision is taken in good faith and for a proper purpose. In addition the decision must not have any hint of personal interest with respect to the directors and officers taking it. Informed decision making must be initiated along wi th a rational belief that that taken decision is towards the best interest of the organisation. If a reasonable person would have held the same view in the same circumstances the decisions taken by the directors can be considered as rational. The section also imposes duties with result out of equity and common law. Business decisions can be defined as any decision which is taken in the course of the business. The court in the case of Australian Securities and Investment Commission (ASIC) v Cassimatis[8] rule that directors of the company add violated section 180 of the act as the decisions taken by them were not consistent with the provisions of the act and a reasonable person would have not in any case violated the provisions of the legislation. Further with respect to the case of Re Centura Global Holdings Pty Ltd[9] the Court ruled that the violation of specific sections related to the Environmental Planning and Assessment Act 1979 constituted a breach of section 180 of the CA by the directors of the company. Further in ASIC v Mariner Corp[10] the Court ruled that not many obligations are imposed on the directors through section 180 but the primary obligation which the directors have to comply with is of acting in a consistent manner in accordance to the existing legislations and common law. It was also provided in Sheahan (as liquidator of SA Service Stations) (in liq) v Verco[11]that the duties which are imposed by section 180 on the directors and officers of the company are only in relation to the company and not the shareholders are the environment unless the Australian security and investment Commission at self brings proceedings against the directors and is able to prove that the company has suffered actual loss. In the provided scenario it has already been proved in the above discussion that the company has violated the principles provided by ASX with respect to risk management. The principles provided by the above discussed cases depicts that the major requirement for constituting the violation of section 180 of the act by any officer or a director of the company is with respect to the violation of any existing legislation or common law which would have not been done by a reasonable person. Further it can evidently be said that in the circumstances where the directors of Adrent were no reasonable person would have ignored the good governance principle in relation to recognising and addressing risk as provided by the ASX. In the present circumstances as the directors of the company have violated section 180 of the act they can be imposed with extra penalties laid down in section 1317 other than the financial loss which has already been suffered by the company. Deborah Thomas who is the CEO of the company has resigned from her position after the incident took place in the amusement park[12]. The CEO was extensively criticized for not providing a proper response with respect to the accident[13]. According to reports of the company, its goal is to focus on the entertainment market of United States and become one of the major leaders in global entertainment. Post the accident the shares of the company at considerably Fallen by about 7.8%. Much attention was provided to the company post the accident especially when investigation was started with respect to the incident. Since the incident the company has only indulged in damage control. Post the incident the company provided condolences to the family of the deceased along with the statement that they are deeply shocked and saddened because of the incident[14]. The company further provided that it is taking the help of emergency authorities and the police rapidly to analyse the situation and fac ts which give rise to the incident. Since the incident took place overall loss of 49.4 million has been suffered by the company. For a period of 45 days after the incident the theme park has not been opened. The company had indulged in commencing and commissioning a complete operation and safety review structure for the park since the park has been closed. It was admitted by the company that they did not take reasonable care while addressing the first 48 hours after the incident which could have been done in a much better way. Graeme Newton who is the crisis management expert from Deloitte has been brought into by the company along with a former Queensland policeman named Mike McKay. Safety review process has been initiated by the company which all rides must clear before they can operate in the park. In addition the ride which cause the accident named Thunder River rapid has been closed permanently by the company. Ten Commandments are the first and foremost principles to be followe d whenever a situation occurs involving loss of life[15]. According to the principles the initial thing which has to be done in such circumstances is to make contact with the family of the person who have lost their life during the incident. However such principles were totally ignored by the company. After the incident the company has initiated policies of collaboration with the private sector, establishment of a crisis Management Committee and a proper planned outcome process within the organisation. However the company has still opted for the defensive mode in relation to the accident and still providing justification with respect to what has gone wrong. The so-called robust policies and procedures are still boosted by the company by stating that 30 million people have visited the park because of such policies since 1981. Bibliography ABC (2017) https://www.abc.net.au/news/2017-04-26/ardent-leisure-ceo-to-stand-down.../8472304. Booth, Simon A.Crisis management strategy: Competition and change in modern enterprises. Routledge, 2015. Council, ASX Corporate Governance, and A. S. Exchange. "Corporate governance principles and recommendations . ASX Corporate Governance Council." (2014). Council, ASX Corporate Governance. "Corporate Governance Principles and Recommendations, 3rd edn (ASX, Sydney)." (2014). DreamworldS Parent Ardent Leisure Is In Damage Control (2017) NewsComAu https://www.news.com.au/finance/business/other-industries/dreamworld-parent-company-ardent-leisure-in-crisis-after-fatal-theme-park-accident/news-story/00c3d7a283c19e05427f273bb3a44e39 Gilligan, George, et al. "Penalties Regimes to Counter Corporate Misconduct in AustraliaViews of Governance Professionals." (2017). Glendon, A. Ian, Sharon Clarke, and Eugene McKenna.Human safety and risk management. Crc Press, 2016. Pritchard, Carl L., and PMI-RMP PMP.Risk management: concepts and guidance. CRC Press, 2014. The Guardian. (2017) https://www.theguardian.com World Australia Dreamworld. Tricker, RI Bob, and Robert Ian Tricker.Corporate governance: Principles, policies, and practices. Oxford University Press, USA, 2015.