Experience of vendor Essay Example | Topics and Well Written Essays - 500 words

Experience of vendor - Essay Example Being a vendor even with a simple product such as selling lemonade to our community made me appreciate the basic principles of business. One important principle is that my sales must be higher than my expenses. Although most of my supplies came from our kitchen, I still have to think about profit and that my sales should be more than the things that I bought from the grocery such as cups, containers etch. The experience also taught me valuable lesson that it is tough to make money. Customers are fickle and ask a lot of questions even with just a simple lemonade and they could be demanding. As a vendor and seller, I cannot of course complain because customers are always right (I learn that somewhere). We teenagers often do not realize how hard it is to earn money because we just ask it for our parents who in turn has to earn them to provide for the family and that includes us who as a lot of things from then even if many of it are not important. Vending which involves an effort to make money made me realize that money does not grow on trees and it has to be earned sometimes, the hard way. My experience as a vendor selling lemonade and sandwiches to our community may be tough but it has its rewards as well. After the vacation where I did the selling, I saved all my sales and was surprised and happy to have earned that much. I made few hundred dollars and at that time, it was the biggest amount of money that I ever got hold of and it felt good. It felt very good to have that money not because I felt rich but because I earned them by myself. I can still remember when I had that money the things that I can with it. But since I cannot decide, I asked my parents who in turn took the significant portion of it to open a savings account for me and only gave me enough to spend. The reaction of my parents on how to handle my earnings from vending also taught me a valuable lesson to be financially wise. Being financially wise meant not spending all the

The Demise of Colonial Education Article Example | Topics and Well Written Essays - 1250 words

The Demise of Colonial Education - Article Example The first thing that must be understood is how relevant this system of education to the political agenda of the countries asserting their independence. One thing that must be understood is that education is a tool to open the eye about the problems of the world and look for the solutions that are feasible and reasonable. However, this system of education by the colonizers became a tool to forward the deplorable political agenda and harsh practices by the Western powers in very problematic situations. Certain problems that occurred in these colonized systems of education. In Africa back then, education has been focused on the development of family and civilization. This would then result into the development of social roles that is being realized by the kids that complement the lifestyle of the particular group he or she belongs to. However, the advent of the colonized education not only distorted these notions of the family and other socialization processes but have forwarded Western Ideals and the religions, later on turning the system of education as a tool to serve the interests of the colonizer and the missionaries being supportive of the said colonial regime. How underdevelopment happens here? One thing that must be understood as well is that the concentration of education in cities has attracted people to acquire this certain education. In this case, people in the rural areas, wherein most of the economic activity of the African nations is being abandoned.  

Human Communications Essay Example for Free

Human Communications Essay Everyone has a slightly different style of communicating this is one of the things that make every individual unique. As we know communication is a two-way process and effective communication requires everyone involved to be able to express their own thoughts and messages and to understand the communication of others. In a way it is our job to ensure that we find ways of communicating language needs, preferences can be quite wide ranging, someone may require an interpreter or signer or someone else may need communication to take place in a quite environment and at a slower pace. We had a little girl who’s first language was welsh and luckily I am fluent and was able to assist her a lot in communicating with others, also we now have a parent who has partial hearing loss and I ensure that the environment is quite when we talk. When working with adults, we can ask them directly how to accommodate communication or work out for ourselves that a person cannot speak English. My twins have a friend in school who is Turkish and their mother struggles with English, we communicate by using Google translate on our mobile phones. It is also important to establish a level of formality required as not everyone wants to be called by their first name, some will prefer to make appointments rather than just â€Å"turn up†. It is also useful to be aware that written communications can be daunting for some people, a home-setting link book is a good idea, but you must check that the parents or carer’s are comfortable with reading and writing. With children it can be challenging to decide the best way to communicate, for example babies and young children will still be developing speech and so talking alone will not work. This is why we use facial expression and gestures to point at things, so that a baby or toddlers are more likely to understand what we are trying to say. We also need to learn to interpret what a baby of toddler is trying to communicate when crying or what a toddler is trying to express when gesturing to some objects.

Five Forces Analysis: Leisure, Tourism and Hospitality Industry

Five Forces Analysis: Leisure, Tourism and Hospitality Industry The tourism, Leisure and Hospitality industry is defined, not in terms of the production of special types of goods and services, but in terms of the circumstances at which goods and services are consumed. Hence, the sale of a particular good or service to a tourist is tourist expenditure. As a result of this difference in concept, this industry overlaps the usual classification of the industries defined according to the goods or services they produce (Luck Lancaster, 2003) This research paper analyzes the tourism, Leisure and Hospitality industry basing on the economic analysis tools by Porter, Porter (1980) proposed that firms benefit from the understanding of the forces which drive competition and the profitability in their industry, and he specifies that all firms should explicitly formulate a kind of competitor strategy. (Matthews, 2000) in order to understand the competition, a very competitive analysis should be undertaken. The Porters model is also referred to as the five forces competitive analysis. Generally the tourism, Leisure and Hospitality industry has a unique business environment which affects all the competitors. According to Porter, five macro factors that influence the industry can be identified in relation to competition; (1) The bargaining power of the customers (buyers). This force shows the strength in the bargaining position, particularly the price, which the buyers have over their suppliers. (2) The bargaining power of the suppliers. The Suppliers, including the employees, influences the attractiveness and the profitability of the sector by increasing the prices (or the wages) thereby increasing the industrial costs and reducing the profit margins. Powerful suppliers are the organizations which control the supply of goods and services to the Tourism, Leisure and Hospitality industry. (3) The threat from the new entrants. The threat from the new entrants is dependent upon the barriers to entry into the industry. This is based on the ability to generate the econom ies of scale and experience, the opportunities for the product differentiation, the amount of capital which is required to buy into the industry, and access the distribution channels. In the tourism, Leisure and Hospitality, there are low barriers to the entry in most sectors. (4) The threat of the substitutes. The Substitute industries which provide the competing product with offers that perform the same function. The Continual advancement in the technology keeps on changing the potential threat from the substitute products. For instance, the rapid development of the video-conferencing is a substitute product for the hotel meetings. Introduction The Tourism, Leisure and Hospitality industry is an identifiable and nationally important industry. This industry involves a wide cross section of the component activities which includes the provision of the transportation, accommodation, recreation, food, and the related services .Tourism refers to the provision of the transportation, accommodation, recreation, food, and the related services both for the domestic and the overseas travelers. It involves travelling for all purposes, including recreational and business. Hospitality and tourism are certainly two of the most widely used words in the fields of hotels, restaurants, travel, and related areas. Leisure is a sector that is growing rapidly, with the regular shows and events hosted regularly. Leisure is recognized as the essential factor which contributes to the demand for the tourism and recreation.( Kotler, Keller, 2006). Leisure is an important factor which contributes to supply. It is therefore the anticipation of leisure which is the operational demand factor, whereas the use of leisure is a factor of supply. The Leisure time is the fundamental resource that is input and consumed in the tourism, Leisure and Hospitality industry. The leisure/entertainment events have created employment for thousands of people in a diverse range of roles. This is a multidimensional sector which provides a variety of services in the areas that include the corporate events such as the product launches, press conferences, corporate meetings and the conferences, the marketing programs; road shows and the grand opening events i.e special corporate hospitality events like the concerts, award cere monies, film premieres, launch/release parties, the fashion shows, commercial events, private events such as the weddings and other parties. The industry also includes fields such as the exhibitions, conferences and the seminars as well as the live music and the sporting events. This research paper analyzes and links the tourism, leisure and Hospitality industry through the provision of the creative, technical and the logistical insights. Methodology This research employed a web based survey in gathering data on the industrial analysis. I analyzed several theories that act as the strategic tools for analysis. The instrument was divided into two parts; The Descriptive Analysis, which describes the tourism, Leisure and Hospitality industrial analysis basing on Porters model of analysis. The Critical Analysis, which assesses the extent to which various factors identified by Porter influence the Tourism, Leisure and Hospitality industry. The contexts for the study were based on the distinctive nature of the Tourism, Leisure and Hospitality industry. Information was collected in the process of evaluation of the influences of the fundamental factors that determine the profitability: Industry structure, that determines the profitability of the average competitor and sustainable competitive advantage that allows a firm to outperform the average competitor (Porter, 1979). Analysis of selected industry This paper examines the five forces which impact competitiveness within and thus the profitability of a competitor in the Tourism, Leisure and the Hospitality industry. From the guidance provided in the Five Factor Model recommendations are made to enhance and refine this industry. Porters Five Factor Model The five forces that impact on the competitiveness which are outlined in the Porters 1980 work are: the barriers to entry, threat of substitutes, the bargaining power of the buyers and sellers, and the rivalry among existing competitors. In considering these factors in light of the Tourism, Leisure and Hospitality industry, the theory provides the best means for analysis. According to Porter each of the above factors has a difference in relevance or impacts differently on the businesses so they are presented below in order of impact. Porter (1980) indicated that the most important determinant of a marketplaces profit potential is the intrinsic power of the buyers and the sellers. Threat of Substitute Goods In the Tourism, Leisure and Hospitality industry there is usually higher chances to start a new business and progress successfully. The firms appear in all price ranges, with variations in the levels of service and the amenities. The constant challenge will always be to get the customers to choose your services over the competitor. With the technological advancements the internet makes the overall market to be more efficient while expanding the size of the potential market and creating the new substitution threats. Given the potency of this industry a superb strategic plan is vital. The threat is that another firm chain may erode the customer base with a newly formulated internet approach or the marketing campaign. According to Porter the development of a value chain process analysis, supported by the collaborative event management, the structuring and sharing of the customer focused value chain data, powerfully enhances the performance of the value chains and of the electronic commerce. Bargaining Power of Buyers Business persons choosing a firm for business in the Tourism, Leisure and Hospitality industry are the savvy consumers and they are at par with the changes in the ability of their consumers. It has become very simple for the consumers to go online and survey on the best firm that offers great services. They no longer need the assistance from the travel agents, the corporate travel consultants or the middle men of any kind to determine where they will get their services. Porters model predicts the ability of the buyers bargaining power to elimination the intermediaries. The Tourists who are the major consumers in the Tourism, Leisure and Hospitality industry are more and more capable of making use of the technological advancements in the means of communication such as the internet to increase their bargaining power thereby creating the fulfillment of Porters model. Due to the increased bargaining power of the consumers, they are finding internet businesses websites which will negotiate or discover the bargains for them. These processes shifts the bargaining power to the end user as it had been predicted by the Porter model and these buyer freedom reduces the cost of switching so that the loyalty to a single firm is a thing of the past unless the particular firm uses its one time opportunity when the customer sticks to the firm it deeply impress other customers with a very unique and valuable differentiator. The Rivalry among existing competitors The rivalry amongst the competitors in the Tourism, Leisure and Hospitality industry is fierce. When the potential customers learn about a hotel on line, the internet reduces the differences amongst the competitors. Business people tend to seek the best prices for the best experience and the tendency is to reduce the prices to a competitive level. This industry covers wide area so the market is widened which increases the number of the competitors. For example, someone who wants to spend the day in the historic site can easily choose a tourist firm in the nearby town if the amenities or the prices are low. The Variable and fixed costs can be different in the areas which are more expensive to live. Barriers to Entry The initial investments in the Tourism, Leisure and Hospitality industry creates quite a barrier to the entry but certain barriers to entering the tourism market are reduced by the internet. The presence on many efficient communication channels reduces the upstart marketing costs somewhat, and gives the new competitors the access to the potential suppliers and the resources. Even a starter in the industry can use the channels of large chains to understand the key marketing concepts and the lures for the customers. A vital barrier is the differentiation. A firm that can successfully differential itself by the location, service, amenities or other quality has the greatest potential to attract and keep the clients. Another barrier to entry into business in the Tourism, Leisure and Hospitality industry would be the expertise. Unfortunately, in a mobile society employees can leave one firm chain to work in another and they take that expertise in terms of the training given or the experience with them. It is in the areas of expertise and of differentiation that a firm can make the greatest impacts on its clients and thereby on the bottom line. Many established tourism, leisure and Hospitality companies have the synergies between their established business and business channels. Bargaining power of the suppliers This is not a substantial threat in the Tourism, Leisure and Hospitality industry it can have the impacts especially in the area of the suppliers. The employees to the firms are the major suppliers, the bargaining power of the labor supply is higher when there are fewer people to fill service section of the industry, and the firms can attract excellent staff and create a chance for providing excellent and exceptional experiences to their clientele. As part of their strategy all the firm chains should have section employee recruitment. The other supplies that are needed by hotels are also easier to attain through internet channels whether originated by the supplier or by the hotel chain. With their products in the greater demand by greater numbers of the firms the suppliers gain more measure of power by competition for their offerings. Findings about the industry All of the firms in the Tourism, Leisure and Hospitality industry can benefit from Porters model of analysis because of the applications that produce greater value in the value chain, the industry is dominated by a few large companies. They have the greatest market shares and in most cases they influence the structure and shaping of the industry. The firms planning sector can benefit from analysis. They usually aim at making the profit and are usually commercial companies. When they fail to make a profit over a long period of time they are likely to cease trading. These include the parks, restaurants, tour operators and the travel agents. The Human resources can be managed by the analysis as part of the overall strategy as well as the provision for self service personnel and benefits, Value can be increased by standardizing the firms across multiple locations, forming knowledge directories, and allowing real time access to the resources by the consumers. , every firm could benefit by controlling and forecasting systems with suppliers as explained by Porter. These improvements can also lead to greater profitability (Porter, 1980) Each type of firm needs to identify its unique strengths and the target market and align its strategy to support their identity, the firms chains choose to be low cost, or to command the premium price. Distinguishing a firm from the competition becomes vital. This can easily be enhanced by porters model, through the superior inputs, through better training of the staff as part of the supplier or through the better management. Differentiation adds value which makes it hard to maintain the distinctive strategic positions of a firm because it eases change to best practices and it improves the operational effectiveness. These distinctions make the business more profitable. The firms in the Tourism, Leisure and Hospitality industry are fragmented. Therefore there is need for a strategy which makes it easier for consumers from far and wider areas to learn about the firms or to order for the services, the consumers must still access the services. It more likely for the profitability to be there for when process is easy to transact and complete. Porter points out similar examples within the industries. Dealing directly is great for the firms. Other than travel agencies who arranged hotel stays the tourism business has always been a face to face business and this normally sustains the economic value of the transactions. For all of the firms chains the porters model complements rather than cannibalizing the established ways of doing business. Hence it becomes a link in the value chain. Conclusion Whether a firm or its chain is well established or brand new, the underlying forces of competition will include: the threat of substitution, bargaining power of the buyers, the intensity of rivalry among competitors, the barriers to entry for new competitors, and the bargaining power of the suppliers helps to determine the profitability shapes its internet presence. When combined, these factors determine the economic value and even the survival. The porters model of industrial analysis provides the opportunities for the companies to communicate and establish the unique or distinctive positions for the businesses. In the case of tourism firms this is crucial. The Porters five factor model helps to understand the rise of new ideas and the business firms in the context of the bargaining power of the Buyers. It helps in the understanding of what factors drives the businesses to differentiate themselves. It also helps in explaining why the labor may have greater bargaining power in the firms under the tourism industry; Porters concept of the Bargaining power of Suppliers determines the strength of the industry. In reviewing the strategies of firm chains, differentiation is the key component. Some firms have chosen to differentiate by location and by very luxurious experience. Others have differentiated themselves by standardization means and by the price. The firms strategies must align with their business strategy in order to produce the desired profitability; Porters model leads the way of outlining the issues and the dangers which are inherent in each force. In this paper, the recommendations for successful industrial analysis are made based on Porters model and the implementation of its suggestions could ensure a greater or continued profitability at the time planning and the structuring. This includes not only the customer interaction but also the applications in a variety of areas such as supply chain, the financial and Human Resources to increase the value chain. For the final analysis, however, Porter makes it clear that the model can add value when it is used in conjunction with other good business strategies. Should Schools Have a Uniform Policy? Should Schools Have a Uniform Policy? Aj Romero Mr.Dewalt Should school dress codes be enforced in public and private schools? Personally, I believe they shouldnt be allowed. Telling students what and what not to wear takes away our right to self expression, freedom to follow our free will, and our freedom of choices. We all have a right to express individuality and show our true selves. There shouldnt be a rule that takes away personal style. Its the people that decide what to wear as a show of personality and style, not the school. Having a school uniform to reduce problems of violating the school dress code, reduces our individual right to liberty and self expression. If it were up to me, I would stand up in front of the school board or maybe even try to organize a student strike against it. Liberty, the act of   following ones own free will; freedom of choices, and self determination. The people have the right to choose what we want to wear to school, and we automatically show our personality whether other people like it or not. Also, school uniforms can be very expensive, limit the students choices (procon.org) . A lot of school uniforms are uncomfortable to most students and rather than reducing bullying, they can cause more bullying. In 1999, a study conducted by experts showed an increase in bullying incidents by as much as 12% after the implementation of uniform wearing. (listland.com). Domestic tranquility; having peace in the U.S., harmony among people and states. There are many people in the world who have a common interest in different styles and brands. When people share common interests, they become closer friends. They stand out together. When school uniforms are enforced, those close relationships fade and the teen community is bland. These uniforms can also affect ones self image. Students who are not required to wear uniforms demonstrated high self-perception scores. That means those students have a better view of self image compared to those who wear a school uniform (listland.com). Many schools use school uniforms as discipline to control behavior and promote conventional gendered dress. The general welfare, the well being of the people; basic needs met; health and prosperity, security; comfort and happiness. The students of America should at least feel comfortable in what they wear to school, and should be happy to wear what they want. If you were to ask a student who wears a school uniform, they will most likely tell you they are boring not just because of their colors, but also for the patterns, often in plaid or checkered. (listland.com). There is not a single child that actually enjoys wearing the same uniform day after day to school. For one, they are very uncomfortable; two, they are boring, and three; they are just disliked in general. Although school uniforms are very much disliked, they do show respect, a sense of belonging to a school, and also shows were all in this together (listland.com). The biggest thing a child, teen, and anybody needs to learn, is the ability to have and show respect to one another. A uniform shows a sense of pride and belonging to a school. When other people see the kids wearing them, they envision unity. If you asked an adult instead of a child, they may tell you they are indeed for school uniforms because they show unity and pride. Another thing about the uniforms, they keep students focused on education rather than clothing (thegaurdian.com) If it were up to me, I would do anything I could to organize a school strike against the application of school uniforms. I would also stand in front of the school board and state my opinion on why they shouldnt be used. There is only so much a single person can do to stop something but if a group of students did something, the effect would be momentous School uniforms show conformity rather than individuality. The uniform itself will potentially cost more than your traditional clothing. Even if school uniforms were enforced, the students should have a choice in what the uniform looks like. We as Americans and U.S citizens have a right to expression and that right is taken from us with the use of said uniforms. Forcing students to wear something they dont want to causes discomfort, and can be detrimental to adult development. Growing up is more important than being in discomfort. Works Cited 1. Learningin21. Learningin21. N.p., n.d. Web. 02 Oct. 2016. 2. @ListLand. Top 10 Reasons School Uniforms Should Be Banned. Top 10 Lists ListLandcom. N.p., 2016. Web. 02 Oct. 2016. 3. Should Students Have to Wear School Uniforms? School Uniforms ProCon.org. ProConorg Headlines. N.p., n.d. Web. 02 Oct. 2016. 4. Whats the Point of School Uniforms? The Guardian. Guardian News and Media, n.d. Web. 02 Oct. 2016.

Legalizing Marijuana Essay -- Legal Issues, Drugs

What exactly is marijuana? Marijuana, also known as pot or hemp, is a naturally grown substance that contains THC. THC changes how the brain works and gives the user a high that relieves many different pains and even helps erase bad memories. The hemp plant can be found in just about any place, but has to be kept in heat. Marijuana is from a naturally grown plant so why not be able to use it legally? Well, there are many reasons against the legalization of marijuana and there are also many very good reasons to legalize it for medical and recreational use. So to the government and everyone against legalizing marijuana, too bad! It’s natural and people are going to smoke no matter what the laws are, so why not just make it legal? Making the use of marijuana legal everywhere will more than likely help stop the chaos between the smokers and nonsmokers and reduce the outrageously high total of 858, 408 who are arrested annually for marijuana possession and use. So why exactly should marijuana be legal? Well, there are many reasons both opinions and facts, but why does it need to be legal? According to many of my sources, marijuana has been found to be less dangerous than both alcohol and tobacco products. â€Å"Marijuana is safer than many over the counter drugs.† (Young, Francis L. 2) Judge Francis L. Young, from the DEA, declared that marijuana is one of the safest therapeutically active substances known to man. â€Å"Long term heavy marijuana use does not produce the severe or grossly debilitating impairment of memory, attention, and cognitive function found with chronic alcohol use.†(British Medical Journal Lancet 4) Only a small number of marijuana users eventually smoke enough of it for a long period to suffer impairments matching those ... ...ady! The laws changed for no reason. â€Å"Prior to 1937, at least 27 medicines containing marijuana were legal in the U.S. Many of these medicines were made by well-known pharmaceuticals that are still around today. Eli Lilly being one of there that sold medicines containing marijuana had to stop production because of the Marijuana Tax Act of 1937. It was legal once so let it be legal again. Legalizing marijuana will let the terminally ill and very sick people get what they need to help them without the trouble. It will also decrease the number of arguments and legal battles to legalize or to not legalize the substance. Marijuana is from a natural plant that is not meant to harm or affect people in anyway. The government and anyone against legalizing marijuana need to realize that there are things far more worse than marijuana. Make it legal and stop the drug war!

English Law’s Approach to Same Sex Marriage Essay -- Law Legal Same Se

Introduction The phenomenon of same sex marriages is relatively new but is gaining popularity day by day. The notion has already been welcomed and enacted as law in different jurisdictions. However it lacks proponents within the UK legal system which is reluctant to allow such relationships to be regulated into marriages. There are two topical situations faced by English law which need to be considered: the right of same sex people to marry and the right of the transsexuals to marry a person of the opposite sex post their gender reassignment. Although English law stands in stark contrast compared to the other democratic states that have allowed same sex marriages. However there have been some recent developments in English law which demonstrate its approach towards the above two situations. This article will argue that the history of English marriage law is one in which the most provocative anxieties raised by transsexual and same sex spouses have been afforded considerable recognition. The first part of the essay outlines the reasoning of English law for non-recognition of same sex marriages celebrated overseas. While the second part points out the acknowledgement English law has afforded to transsexuals. Part-I Same sex marriages celebrated overseas Sec.11(c) of the Matrimonial Causes Act 1973 declares that a marriage would be void if the parties to it are not respectively male and female. Apparently this leaves no room for further argument. However there have been a number of occasions where the decision of the UK courts of not allowing recognition to same sex marriages has been challenged. A recent case decided in the High Court highlights the English stance on same sex marriages that took place outside the... ...: http://www. jstor.org/> Wright, W. 2006. The tide in favour of equality: same-sex marriage in Canada and England and Wales. International Journal of Law, Policy and the Family [Online]. 20(3). Accessed 12th December 2010]. Available from World Wide Web: http://www. oxfordjournals.org/> Legislation Civil Partnership Act 2004 Family Law Act 1986 Gender Recognition Act 2004 Matrimonial Causes Act 1973 Marriage act 1949 Cases Wilkinson v Kitzinger [2006] EWHC 2022 (fam) M v Secretary of State for Work and Pensions [2006] 2 WLR 638 Rees v UK (1986) 9 EHRR 56 Goodwin v UK [1996] ECHR 16 Corbett v Corbett [1971] P 83 W v W [2001] Fam. 111 Bellinger v Bellinger [2001] EWCA Civ. 1140 I v UK 35 Eur. Ct. H.R. 592 (2002) Parry v UK Appl. No. 4297/05 Websites http://www.wcl.american.edu http://www.dca.gov.uk/constitution/transsex/statement.html.

Insider Trading and Martha Stewart Essay

Martha Stewart, homemaker turned media mogul, spent time in 2004 and 2005 in jail for illegal insider trading. While insider trading is not necessarily illegal if reported properly, more often insider trading is done in a fraudulent manner. This paper will examine insider trading and discuss the Martha Stewart case in regards to fraudulent insider trading. Insider trading is when corporate insiders such as officers, directors, or holders trade more than 10% of the corporations stocks or securities (wikipedia, 2006). Insider trading is legal as long as the transaction is reported to the Securities and Exchange Commission (SEC) and not based on material non-public information. Insider trading is illegal when a corporate ‘insider’ is misappropriating private information, and trading on it or secretly relaying the information (wikipedia, 2006). Illegal insider trading is considered a violation of trust to the shareholders and destroys the level playing field for all investors to make decisions based on the same information. In the Martha Stewart case, Stewart received information from her friend Sam Waksal that his company, ImClone’s cancer drug had been rejected by the FDA before the information was made public (Rasmussen, 2006). The rejection by the FDA caused ImClone’s stock to drop sharply. Before this news was made public, Martha Stewart had her stockbroker sell her 4000 shares of ImClone. The ‘inside’ information saved Stewart a lot of money when she sold her shares premature of the bad news going public for ImClone. The Martha Stewart verdict was justified because Martha was not forthcoming with the information she knew and her motives to sell the stock. Martha and especially her stockbroker knew they were taking advantage of what seemed like ‘lucky’ information. Although Martha felt like a scapegoat, there are many others that have probably committed the same crime of insider trading and hopefully this case has helped deter further violations of the law in the future.