30 Jun Scenario/Summary Online trading started in 1987, but it wasn’t until the mid-1990s that the Internet emerged as a popular tool for investors to gather information, research companies, and trade stocks. Merrill Lynch ignored this trend toward online trading until new competitors, such as Ameritrade and E-Trade, emerged and were eating away at their client base with free research, access to up-to-the-minute trading information, and a price advantage—a small fraction of the Merrill Lynch price. To deal with this online move of their customer base, Merrill Lynch created a financial portal—a one-stop shop for investing, shopping, information, and even auctions. In this week’s case study, you will be investigating how they managed the change to an online portal with the switch to distributed systems. Major focus should be given to the e-business applications they incorporated in the portal. There is one specific reference given for this case study to provide some background information to help you in your research. It is suggested that in your research you pay particular attention to their deliverables and what their competition offered. Deliverables Your deliverable this week will be a completed case study (3–5 pages) submitted on the issues Merrill Lynch faced and what their approach to them was. Case Study Steps STEP 1: Research Issues In this step, you need to find out the questions “why” and “how” of Merrill Lynch’s issues. Start with reading what has been written about it. In this week’s reading assignments, one of the references gives an introduction to the issue Merrill Lynch faced: Gasparino, C. (1999, February 12). Internet trades put Merrill Bull on horns of a dilemma. The Wall Street Journal, C1. Use this as a start to give you an overview of the issues. This article, along with others you will find in your research and on the Web, should allow you to answer the “why” and “how” of the situation and their actions in handling it. STEP 2: Write the Study Use the case study template to complete a 3–5 page report on your research. Include the sections listed below as needed. Introduction—a brief introduction to the company and its problem or situation Issue/Problems—identify all the issues or problems faced by the company Actions Taken—what was the company’s response on dealing with the issues? Results—what were the results of the company’s efforts? Did they work? Why or why not? References—list all research references used Don’t forget to proof and fact-check your case study. If you are using quotes from sources, or data from an unreliable source, you should attempt to find a better source, or remove them. This is sometimes called “establishing rigor.” Make sure your case study is credible, transferable, verifiable, and dependable.
1.Describe in detail and explain the difference between the freelance and business models. Respond in no less than 200 words.
2.Describe the four major methods of apprehension used by law enforcement in street level drug law enforcement, including any criticisms of these methods. Respond in no less than 250 words.
3.Discuss mandatory minimum sentencing in detail. Be sure to include the arguments for and against this type of sentencing and the changes made to mandatory minimum sentencing laws since their enactment. Respond in no less than 250 words.
4.Discuss in detail the use of drug courts. How do they operate? Are they successful? Discuss the potential of drug courts to reduce: 1) the demand for illicit drugs and 2) the costs associated with the enforcement of drug laws. Respond in no less than 300 words.
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