Thursday, December 26, 2019

The Journalism And Media Staff - 1511 Words

According to PEW Research Center: Journalism and media staff â€Å"The threat to newspapers now appears from nearly every indicator. From 1950 through 1999, for instance, newspaper revenue grew seven percent a year. From 2000 through 2006, by contrast, it has grown by just 0.5%. Then in the first quarter of 2006, growth was even less: 0.35%.† Though online ad revenues continue to rise, they have been recently description for just 5% of all newspaper company revenue. In addition to inactive and not so popular ad growth, newspapers have been challenging with motion deteriorations, a sceptical Wall Street, ownership changes — such as Knight Ridder’s recent sale of its 32 papers– and perhaps most notably, adapting to the world of online news.†¦show more content†¦What is Digital Media and its sources and their advantages and disadvantage? Digital media are any types of media—including text, images, audio clips, videos, and podcasts—presented in an electronic format, such as on the Internet. Computers, laptops, smartphones, notebooks, tablets such as iPads, and portable media players such as iPods can access digital media. Since many people own these types of devices, the popularity of digital media has surged in the twenty-first century. These all devices has made easy access to the internet server to use it. Because of digital media it is replacing print media (newspaper, magazines) Due to digital media effect newspaper are not getting advertisement of the product and it is the way to happen, the company invest where customers are looking for the product. Because world is digitalizing people having access to internet easily, so company also invest their money on the customers viewpoint. Wherever the customer are products run towards them to show their products. Internet have many advantages for the people to use such as information on almost every subject imaginable, power search engines, ability to do research from your home no need to go through all the bookShow MoreRelatedThe Rise And Fall Of Traditional Journalism1283 Words   |  6 PagesJournalism is gathering, processing, and dissemination of news, and information related to news, to an audience. The word applies to the method of inquiring for news, the literary style which is used to disseminate it, and the activity (professional or not) of journalism. With the invention of complicated printing technology in the 1870s, photographic images were possibly created for the reproduction in newspapers and magazines. Then a hundred years later, the newspaper industry reached its apexRead MoreThe Basic Tasks Of Journalism898 Words   |  4 Pagesâ€Å"the basic tasks of journalism in a democracy under three main headings: 1. The task of observing and informing, primarily as a service to the public 2. The task of participating in public life as an independent actor by way of critical comment, advice, advocacy and expression of opinion 3. The task of providing a channel, forum, or platform for extramedia voices or sources to reach a self-chosen public† (pp. 116). This â€Å"tasks† could be developed and performed by journalism in four types of outletsRead MorePrint Journalism : An Alternative Business Model1420 Words   |  6 Pages Commissioned by Mr Rupert Murdock Written by Lauren M Petri Chief Advisor to Mr Rupert Murdock Executive Summary Print journalism has existed since the early days of the printing press in the 16th century and has succeeded in providing quality news for generations. However, since the technology movement, slowly but surely Print Journalism in Australia has been in crisis. The growing rate of digital technology, the sale of advertising space and competition from cheaper and more popularRead MoreDeath of the Newspaper: Where Will Journalism Go From Here?1337 Words   |  6 Pagesnewspapers are being forced to close their doors. In spite of this, the spirit of journalism cannot be allowed to die. Media expert Clay Shirky (2009, para. 10) writes that, â€Å"There is no general model for newspapers to replace the one the internet just broke.† Shirky’s right, there is no general model because it’s no longer about replacing newspapers; it’s about saving journalism and giving journalists a new media in which to thrive. In an age where young people have been steadily gravitatingRead More Citizen Journalism1587 Words   |  7 PagesJoan Cornell notes that the Internet democratizes the journalism which was in the hand of the few people (2003). The Internet makes the public access to information; at the same time, it creates the public to be journalists, opening blogs to put something new around on the Internet. Many news websites like The Guardian, the Washington Post, CNN and MSNBC allows some personification. The journalism nowadays is facing challenges not only from media and technology convergence, but also from audience theyRead MoreThe General Term Of Journalism1176 Words   |  5 Pages In our contemporary society, we consume massive amount of public affairs every day, all around the world, without being a personal witness of them. We are able to receive this important information through the news media, which includes print-based media such as newspapers, magazines, books, and audio visual such as films, television, and lastly, Internet. Their main purpose is to deliver news to the general public. A legitimate news story aims to do all of the following—inform, educate, and entertainRead MoreCitizen Journalist Essay1690 Words   |  7 PagesCaterin L. Villar November 27, 2011 English 102 Professor Rigney Is Assuming the Role of Citizen Journalist worth the Risk? Amateur journalism is becoming more and more popular everyday with the advancement of technology. Newspapers across America have become so decimated by staff cutbacks that citizen journalists are stepping in to fill the gap in covering the news.   Facebook, Twitter, and Youtube are only some of the free websites where users are connected with others and can share inRead MoreInteractivity And The Use Of Ugc Are Tools That Media Companies1428 Words   |  6 PagesInteractivity and the use of UGC are tools that media companies attempt to use as part of creating public engagement. As people spend more time spend online, they are increasingly interactive, and conversely, there is a greater chance they might become engaged with the content (Yang Coffey, 2014). There is a weak correlation between interactivity and circulation (Graham Greenhill, 2013), and increased circulation could mean additional income for the publication. Engagement results from someoneRead MoreThe Changes Of The P r Industry Overtime And The Main Factors That Created Its New Image Today1503 Words   |  7 PagesPrinciples and the launch of the modern public relations industry 110 years ago, and it’s an industry that is constantly evolving. Modernization has played a huge role in shifting PR and journalism to another level where it’s highly exposed and under constant scrutiny of the public eye. However, as the mistrust in journalism has began to grow and expand, PR is getting its break from the negativity and society’s attitude towards it has improved greatly. As written in PR Week, â€Å"the world of PR has changedRead MoreEssay on Changing Photojournalism Education in American Universities1044 Words   |  5 PagesKenneth Kenney stated the obvious in 1987- â€Å"The lack of trained teachers and educators and standard teaching materials is the most pressing problem in photojournalism education† (Kenney 1987). The same rings true today- professors in the fields o f journalism and photojournalism are practicing the same things they were taught in college- many have been out of the workforce for years, if they were working journalists or photojournalists at all. Today’s professors were trained in the beginning of the digital

Wednesday, December 18, 2019

Executive Compensation and Corporate Fraud - 1083 Words

Introduction: The past decade has been witness to some of the worst accounts of corporate fraud ever recorded, with multi-billion dollar companies such as Enron, Tyco, and World-com involved in serious financial scandals. CEOs and senior executives are often the driving force behind such unscrupulous activities by adopting shady accounting practices and other forms of short-termist actions for the purpose of increasing their firm’s stock price and their own personal wealth. The following paper will investigate whether there is a link between executive compensation structures and fraud or misreporting. Through the analysis of four academic articles, I will show that the evidence which links compensation tools tied to stock market based†¦show more content†¦In practice, the use of stock options in the corporate sector has increased to account for nearly two-thirds of total pay for CEOs in median firms, a figure that trumps 1984 estimates, where stock options accounted for only 1% of total pay (Denis et al., 2006). So the question we must ask is when we use stock option based incentives for executives, does the evidence warrant the need for greater controls or regulation? Denis et al. (2006) briefly explores the idea of the need for greater outside monitoring, and discusses how the â€Å"dark side† of stock incentive compensation may require robust corporate governance structures to counter-veil the negative effects. Erickson et al. (2006) points out that regulators and policy-makers are quick to link corporate fraud and stock options. They (Erickson et al. 2006) state that the intent of their research was in part to resolve the question as to whether there exists evidence that stock-based compensation is tied to accounting fraud. Since no evidence is found, the policy implications for greater controls are limited. Burns et al. (2006) study has implications for the level of options and equity in CEO remuneration contracts. Efendi et al. (2007) does not provide any policy recommendations, but do call for further researchShow MoreRelatedExecutive Compensation969 Words   |  4 PagesEXECUTIVE COMPENSATION 1. HOW IS IT DETERMINED? Executive compensation generally consists of a mix of four components: - Annual Base Salary - Annual Incentive or bonus plans tied to short-term performance measures. - Long Term Incentives consisting in a mix of restricted stocks, stocks options and other long-term performance plans tied to shareholder return or financial performance. - Benefits plans. As a rule of thumb, the base salary constitutes 30% of total compensation, the annual incentiveRead MoreWorldcom, A High Growth Company999 Words   |  4 Pages C.B. Rogers, 2003). In order to show the public that they were doing well, top management kept a separate report to come up with the difference that existed between the actual and expected number that they need to report to the account called corporate unallocated revenue from the actual book (Beresford, Katzenbach, C.B. Rogers, 2003). By doing so, WorldCom improperly recorded a total of $958 million in revenue from 1999 to the first quarter of 2002 (Beresford, Katzenbach, C.B. Rogers, 2003)Read MoreThe Anatomy Of Corporate Fraud Essay845 Words   |  4 PagesArticle Critique #1 The first article researched was The Anatomy of Corporate Fraud: A comparative Analysis of High Profile American and European Corporate Scandals. The abstract discusses the analysis conducted on the three major American accounting scandals; Enron, WorldCom, and HealthSouth, and compares to the three major European accounting scandals; Parmalat, Royal Ahold, and Vivendi Universal. Bahram Soltani (2014), also discusses within the abstract the different areas reviewed regardingRead MoreA History Of Earnings Management1624 Words   |  7 PagesResulting Legislations At the turn of the 21st century, America found itself wrought with multiple financial scandals. The poor decisions of just a few executives resulted in thousands of people out of a job, pension funds wiped away, and houses going back to the bank. While earnings management was certainly not a new concept nor was the resulting fraud, the high number of scandals within a short period of time brought it front and center. The resulting public outcry forced congress to swiftly passRead MoreThe Sarbanes Oxley Act of 2002 Essay example1469 Words   |  6 Pagesthe creation of a Commission designed to oversee audits and corporate accounting practices, and the potential efficacy of this Commission. Finally, I will address the modifications to the Federal Sentencing Guidelines as it relates to corporate fraud. The failure to directly address accounting practices as they relate to stock options and other corporate incentives in Sarbanes-Oxley indicates the flaw in Federal regulation of corporate practices. Sarbanes-Oxley was designed to address the fraudulentRead MoreEnron Of Natural Gas Pipelines Enron1144 Words   |  5 PagesEnron lead to perceived solutions exacerbating the issues and escalating the magnitude of fraud perpetuated. As time progressed Enron faced increasing competition while simultaneously enduring the effects of the beginning of economic recession. The above issue increased the pressure on executives to continue posting performance numbers despite the reality of outside influences. At about the same time the corporate culture of Enron became much more pressured and obsessed with making deals whether goodRead MoreEthical Financial Reporting And Disclosure Quality893 Words   |  4 PagesQuality. The key of the abstract is to emphasize the positive influence of independent audit committee on the ethical financial reporting, corporate disclosure, and company ethical environment overall (p. 183). Introduction. The author studies the relationships between the director overlap and financial reporting quality, and for that purpose, analyzes the compensation measurement system and how it tights to performance (p. 183). The researcher also focuses on the impact of audit committee on the reportingRead MoreLong Distance Rates And Revenue990 Words   |  4 Pagesat WorldCom?, 2002). . In order to show the public that they were doing well, top management kept a separate report to come up with the difference that existed between the actual and expected number that they need to report to the account called corporate unallocated revenue from the actual book (Beresford, Katzenbach, C.B. Rogers, 2003). By doing so, WorldCom improperly recorded a total of $958 million in revenue from 1999 to the first quarter of 2002 (Beresford, Katzenbach, C.B. Rogers, 2003)Read MoreWorldcom Fraud : Worldcom And Worldcom987 Words   |  4 PagesWhile Enron was the complicated fraud, WorldCom fraud was the simplest to commit. WorldCom, now known as MCI and acquired by Verizon Communication since 2006, was founded in 1983 to create a discount long-distance provider. The company grew very rapidly in the 1990s due to several large acquisitions. (Beresford, Katzenbach, C.B. Rogers, 2003) WorldCom completed 3 mergers in 1998 and one of the merger is largest at that time which is purchas ing MCI Communications Inc. for $40 billion. WorldCom alsoRead MoreTyco International Accounting Fraud Case Study1544 Words   |  6 PagesTyco Accounting Fraud: Tyco International is an organization with operations in approximately 100 countries resulting in its claim as the largest manufacturer and servicer of electronics and electrical items across the globe. Actually, the firm designs and makes undersea telecommunications systems, electronic security systems, specialty valves, and fire protection systems. The company has also developed to become a major player in the several other markets including adhesives markets, disposable

Tuesday, December 10, 2019

The Accountant Role in Business Intelligence - MyAssignmenthelp.com

Question: Discuss aboutThe Accountant Role in Business Intelligence. Answer: To conduct every business several functions are required to be performed by the business organisation. Accounting is one among those key functions which needs to be performed by almost every business enterprise to maintain the adequate records of important financial data of the company. The function of accounting not only involves preparation of books of accounts but it involves various activities such as collection of data from various resources, recording of the collected data, summarising the data into relevant information, classification of such information so as to incorporate them in the financial statements of the company analysing the processed information and ultimately interpreting, analysing and comparing the financial information regarding the business of the company. Few years back, all these functions were supposed to be performed by the accountants of the company. As accounting functions entails a wide gamut of activities, it was quite difficult for the accountants to carry out such functions individually with complete accuracy and in the limited time. But, with the advancement of technologies the overall accounting function is made simple and manageable. The development of concept of business intelligence has positively contributed to the simplification of business function of various enterprises. Business intelligence is a process which is completely technology driven and covers various tools and applications that supports various business functions. It supports almost every business function with the innovative tools and techniques (Ranjan, 2009). Most of the business organisations use business intelligence as an analytical tool to analyse the complex business information so as to make sound business decisions. BI helps the business managers in collecting the necessary data from various internal and external sources to facilitate the core business functioning. It also promotes the accuracy of function by providing the accurate information to the users on the correct time so that appropriate courses of actions can be made (Hassani, 2015). The implementation of BI tools improves the operational capacity of the business operation by promoting improved decision making. Particularly in the accounting area, business intelligence has a major role to play. It is used to analyse the financial information of the company thereby providing the key financial results to the required parties. Business intelligence provides the analysed data in the easily accessible formats to the users so that proper actions can be taken with the use of relevant financial information of the business of the business. The accounting functions previously used to utilise huge amount of human efforts and time to collect and process the data related to the important business transactions and events. But now the implementation of business intelligence tools has simplified and improved the accounting function by providing completely accurate information on time to time basis. The large databases are used to maintain large amount of relevant financial data regarding the important elements of the company such as the record of sock maintained by the company etc. which can help its management team in achieving the financial goals and objectives. Before the introduction of BI technique, the huge amount of financial data was stored on the physical mode which was difficult to maintain and retain in long term. The databases under the business intelligence techniques has resolved the storage of ample of business data. Moreover, business intelligence applications helps in performing various management accountants functions such as preparation of necessary reports to be delivered to the managers to enable them to take required actions (CIMA, 2008). It also helps the management of the enterprises by prompt provision of information as and when the actions upon them are required to be performed without entertaining any delay whereas in manual accounting the financial information used to be communicated to the intended users and managers by the accountants only on annual basis. Business intelligence tools helps the business goals and objectives by facilitating various functions such as financial budgeting and financial planning by completely processing the accounting data collected from various sources. It also helps the business managers in identifying the financial trends that are generally followed by the businesses so as to enable the managers in making appropriate accounting estimates and assumptio n. BI has also enabled the business enterprises to respond appropriately and timely to the changes in the financial situation of the company. The key performance indicators that are used by business intelligence makes business managers more aware and attentive towards their financial goals and performance so that it can be improved on a constant basis. The typical implementation of business intelligence concept to the business has threatened the management accountants in respect of their functions. With the development of BI technologies the management accountants had started assuming that their role an importance in the organisation functioning is getting reduced gradually. But it is actually not so. Rather the scope of role of accountants is getting enlarged with the implementation of business intelligence tools and applications in the business organisations (Richards, Yeoh, Chong Popovic, 2014). Yes it is a correct fact that the development of business intelligence has facilitated businesses with various analytical and reporting and performance management tools which has reduced the role of management accountants in these contexts but at the same time it is also correct that the implementation of business intelligence spared the management accountants capacity by releasing them from performing the analytical and reporting funct ions (Marjanen, Tommi, 2017). The released capacity of management accountants of the business organisations can be now be used in accepting the decision supporting roles. These accountants are therefore now required perform the strategic functions rather than being the mere spectators (Jordan, 2014). From the above study it can be established that the implementation of business intelligence processes supports the overall functioning of the business organisation. Particularly in the accounting areas, business intelligence tools have proved to be very successful for the organisational functioning by providing necessary information to the managers to make appropriate decision making. It also offers the companies competitive advantages over the firms that are still not using the business intelligence (Guarda, Santos, Pinto, Augusto, Silva, 2013). Moreover, the implementation of business intelligence applications in performing the accounting function has not ended the roles of the accountants rather their roles are changed from being the mere accountants to the strategic decision makers. They are now expected to adopt enhanced role by managing the strategic functions of the same company in which they were performing the mere accounting functions. Ransomware attacks are the cyber security disasters that are carried by the malwares which are disguised as the authentic word files or PDFs that the corporate users are tricked to download. These files are sent in the through the email attachments. When these files are downloaded the malware encrypts the organisational data and demands ransom to release that. Recently, in year 2017, a similar ransomware attack occurred which had majorly affected four countries: Taiwan, Ukraine, Russia and India. The important data maintained by the organisations of these countries was caught by the malware. As a consequence of this, the caught data was encrypted and the access to it was blocked for these organisations. The malware demanded heavy ransoms in return to the decryption of that data. The ransom was supposed to be paid in the Bitcoin currency (Perlroth, Scott Frenkel, 2017). The key risk areas where the medical institutions are exposed to the Ransomware attack: Organisational data: The medical organisation maintains a large record of its patients in the electronic mode which is of utmost importance for it as such records contains the significant information about the patients and the their health care service providers. Such information needs to be accessed for various administrative and operational purposes. However, because of online storage, this data is more exposed to the cyber-attacks (Zetter, 2016). Market reputation: The loss of valuable data or the lives of patients as a result of ransomware deeply affects the market standing of the company and the medical practitioners working in the victim organisation. Health and safety of the patients: One of the major area which could be exposed to the adverse impact of ransomware attack is the safety and well-being of patients of the healthcare facilities providers. The inactivation of medical devices due to such attacks can affect the health of the patients (Zetter, 2016). Intellectual properties: The organisation holds various results of the researches made by its medical practitioners, the drug formulas and the details of experiments in relation to the surgery procedures. Such information is generally kept confidential so that any external interested parties is prevented to access it. However, the ransomware attacks could expose such data to the outside world. The potential impacts of these risks can vary depending upon the severity of the attack. In general following impacts could be experienced as a result of ransomware attack: Harm to the patients health: The disruption of the medical facilities provided to the patients of the hospital because of occurrence of the cyber-attacks can cause heavy injuries to their health. Legal implications: The leakage of public sensitive information of the patients of the hospitals may call for legal costs to be paid by the hospital. Sabotage: The impact of ransomware attack could also reach outside the boundaries of local country. The foreign pharmaceutical competitors of the victimised hospital could also be made available with its valuable data which could be misused by them. Loss of competitive advantage or creditability: The confidential data maintained by the hospital could be revealed out to its competitors as a result of the ransomware attack. The exposure of confidential information could enable the interested third parties to take undue advantage of hospitals valuable data and the exposure of sensitive information about the patients of the company may also cause loss of trust among them (Gordon, Fairhall Landman, 2017). Financial loss: The ransomware attacks may destroy the sensitive and important financial information of the hospitals which could make the organisation suffer from huge financial losses. Following controls can be implemented to protect the hospitals from the occurrence of ransomware attacks. Use of firewall systems: The firewalls can protect the hospitals from the cyber-attacks by preventing the unauthorised users to access the authorised data of the organisation. Password protected systems and devices: All the systems and devices operated by the hospital staff must be password protected so that the illegitimate parities cannot access such systems (Kruse, Frederick, Jacobson Monticone, 2017). Cyber-security training: The employees of the hospitals must have adequate knowledge of cyber security measures so they can prevent the occurrence of such cyber-attacks. Therefore, they must be provided required training in this context (Perakslis, 2014). Installation of antivirus programs: The antivirus programs can safeguard the operating systems of the hospitals by constantly scanning for the viruses in the system applications and software (Martin, Martin, Hankin, Darzi, Kinross, 2017). Deployment of updated software: The organisational functions such as accounting, banking functions etc. of the hospital are often supported by various software. The management must ensure that only updated software with complete security features are used for such business functions. References: CIMA. (2008). Improving decision making in organisations Unlocking business intelligence. Retrieved on: https://www.cimaglobal.com/Documents/ImportedDocuments/cid_execrep_unlocking_business_intelligence_Feb09.pdf. Accessed on 05-01-2018. Gordon, W. J., Fairhall, A., Landman, A. (2017). Threats to Information SecurityPublic Health Implications.New England Journal of Medicine,377(8), 707-709. Guarda, T., Santos, M., Pinto, F., Augusto, M., Silva, C. (2013). Business intelligence as a competitive advantage for SMEs.International Journal of Trade, Economics and Finance,4(4), 187. Hassani, Y. (2015). Why is Business Intelligence (BI) important to your company? Retrieved from: https://www.linkedin.com/pulse/why-business-intelligence-bi-important-your-company-yass. Accessed on 05-01-2018. Jordan, B., (2014). The Accountant's Role in Business Intelligence. Retrieved from https://www.linkedin.com/pulse/20141120155615-40154060-the-accountant-s-role-in-business-intelligence Accessed on 05-01-2018. Kruse, C. S., Frederick, B., Jacobson, T., Monticone, D. K. (2017). Cybersecurity in healthcare: A systematic review of modern threats and trends.Technology and Health Care,25(1), 1-10. Marjanen, Tommi. (2017). How business intelligence has changed management accountants profession and roles? Retrieved from https://aaltodoc.aalto.fi/handle/123456789/24588 Accessed on 05-01-2018. Martin, G., Martin, P., Hankin, C., Darzi, A., Kinross, J. (2017). Cybersecurity and healthcare: how safe are we?.Bmj,358, j3179. Perakslis, E. D. (2014). Cybersecurity in health care.N Engl J Med,371(5), 395-397. Perlroth, N., Scott, M., Frenkel, S. (2017). Cyberattack Hits Ukraine Then Spreads Internationally.The New York Times. Ranjan, J. (2009). Business intelligence: Concepts, components, techniques and benefits.Journal of Theoretical and Applied Information Technology,9(1), 60-70. Richards, G., Yeoh, W., Chong, A. Y. L., Popovic, A. (2014, January). An empirical study of business intelligence impact on corporate performance management. InPACIS 2014: Proceedings of the Pacific Asia Conference on Information Systems 2014(pp. 1-16). AIS eLiberary. Zetter, K. (2016). Why hospitals are the perfect targets for ransomware.Retrieved from: https://www. wired. com/2016/03/ransomware-why-hospitals-are-the-perfect-targets. Accessed on 05-01-2018.

Monday, December 2, 2019

Visa

Introduction The use of visa to regulate entry from one country to another has been practiced for a very long time. This is because different countries have different laws and regulations regarding who should or should not enter their territorial boundaries. However, some countries have introduced visa free entry programs for various reasons. This paper briefly discusses the advantages of visa-free entry to all countries and how the same will be useful to people and governments.Advertising We will write a custom essay sample on Visa-free Entry to all Countries specifically for you for only $16.05 $11/page Learn More Visa-free Entry There are many types of visas provided by countries depending on purpose or intent of the person travelling to that country. It is great to imagine a world with visa-free entry to all countries. From the word go, this would certainly remove the bottle neck to global movement of people. It will be possible to move hustle free f rom one country to another. Application and checking of visa during movements causes a lot of time delay. Sometimes several visas may be required while travelling to a single destination. Doing away with visas would make the movement hustle free. Most countries have water tight visa requirements which discourage free movement. Having visa free entry would allow free entry to countries for business people. This would create more business opportunities for them. The largest group to benefit would be tourists. This is based on the fact that many countries such as China offering visa free entry for tourists, are recording increased numbers of tourists (Xinhua 1). It would be possible for tourists to travel with ease to countries of their wish. Visa application has many requirements and also requires payment. This is a great disadvantage to all the poor but bright students all over the world seeking to travel to other countries for higher education. Visa-free entry to all countries would be of great benefit to them. Wars and catastrophes happen abruptly without warning hence necessitating quick movement to other countries for safety. Visa-free entry to all countries will be a great relief to such situations. Visa-free entry to all countries would also be of utmost benefit to governments. Governments will have to tighten their diplomatic ties and this will bring them together hence fostering peace and unity. It can also be argued that, governments will benefit economically by collecting more taxes due to increased trading resulting from ease of movement. In addition, governments will record higher interaction of people from different cultures through tourism. This would bring more revenue and also increase cohesiveness between different countries.Advertising Looking for essay on international relations? Let's see if we can help you! Get your first paper with 15% OFF Learn More For instance, Eurozone allows citizens from member countries to travel and s tay on any Eurozone country without a visa. In return, governments of these countries realize more economic, political, social, cultural and diplomatic ties hence making them stronger. U.S also has a visa-free program with several countries and this program improves cooperation between U.S and these countries. It can be argued that the same may be replicated in all countries. Conclusion Visa-free entry to all countries is a great idea that can benefit both governments and people. People will greatly benefit from removal of Visa as a bottleneck to travel. Governments will greatly benefit from increased revenue from increased trade. Increased integration of people from different countries will foster cohesiveness, peace and unity hence increasing diplomatic ties between governments. Works Cited Xinhuanet.com.  More foreign tourists swarm to China’s island province on visa-free entry, 2011. Web. This essay on Visa-free Entry to all Countries was written and submitted by user Estrella Buckner to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.