• Professor Elam

    Tuesday December 11 2012

    A right to work law means that one cannot be forced to join a union as a condition of employment. Most of the right to work states are in the south. As untenable work arrangements broke the auto and steel industries, foreign auto makers have located in the south. Now Michigan one of the most unionized states is poised to pass a Right to work law. Learn more at national Right to Work Committee.

    I postulate that America is in a New Civil War. The map of the original North versus South Civil War, the Right to Work Map and the Republican Democrat Red South Voting Map are all the same. Click on the last link for an explanation. 

    Screen Shot 2012-12-11 at 6.38.23 AM

  • Professor Elam

    Tuesday Dec 11 2012

    Colorado and Washington state have legalized individual use of marijuana. My writing class in at UT Austin had the investigative assignment of whether marijuana would be legalized in such time that companies should consider production at some point, growing marijuana or producing a final product.

    Well that only took five four or five decades but no country has yet approved legal production for consumption.  How will this play out?  Will we see individual Mom and Pop storefronts?  Or will someone with real expertise, such as a major cola producer, get into the act?  The article also explores the toursim aspect that CO and WA now have over other states. 

  • Professor Elam

    Tuesday December 11 2012

    Here is a great example of globalization. Turkish Airlines hires a Soccer Star and a US Basketball player to compete for a young boy's autograph seeking attention. It is well done and has a clever ending. 

    Here isa  combo of international sports, travel,and well just plain winning over the customer of any age, take a look. 

     

  • Professor Elam

    Monday Dec 10 2012

    With declining support from state legislatures, Division One Teams are increasing their bets on elaborate football programs.  And television networks are betting big as well, with cable and HULU and such taking viewers the bet is that live college action will be a big seller. 

    We need look no further than our local area to see schools like UTSA and Texas State trying to emulate UT Austin and College Station. Will that work?  UTSA has been fortunate to have a winning team. Texas State not so much. UNT in Denton, well does anyone ever hear about their team?

    I am not boing to bet against football fever in the south, but this does look like a bit of a desperate measure. What could go worng?  Well for every winner there is a loser and fans don't buy tickets to losing teams. And a downturn in the economy wold have a harsh effect on the ticket sales. 

    For big schools with tradition like UT Austin and College Station this looks like a winner, for th newbies, I am not so sure. Now that College Station has bolted the Big 12 conference and forfeited any chance to play 100 year old rival UT Austin, they have a winning team and  a Heisman Trophy. This would have sold thousands of pay for view tickets in a Thanksgiving Day match up, now no chance for that in years, what a missed opportunity. 

  • Professor Elam

    Monday Dec 10 2012

    John Dvorak reflects on the decisions to bring Apple manufacturing back to the US.

    From an accounting perspective, understand that, while the President claims to be for creating American jobs, our highest in the world 35% corporate tax on American profits is the biggest driver of sending jobs overseas. Who wants to give up one third of their effort when moving offshore allows you to keep the money?

    I don't think the President understands the economy; he is more interested in wealthconfiscation than creation. 

  • Professor Elam

    Thursday Dec 6 2012

    Please take time to respond to the survey that Dr. Henrie's marketing class is conducting regarding our forthcoming on line MBA.

    https://www.surveymonkey.com/s/XT8DFCG

  • Professor Elam

    Thursday December 6 2012

    Apply Today for a Becker Scholarship

     

    Becker Professional Education is proud to introduce the Newton D. Becker Scholarship program, created in honor of Becker's founder. The scholarship focuses on Newt's vision of helping students fulfill their dreams of earning the CPA credential by offering deserving students financial assistance to prepare for the CPA Exam. The scholarship criteria are based on qualities important to Newt: high moral character, strong leadership and commitment to community service.

    Applications due
    February 13, 2013.

    Recipients will be notified
    on March 27, 2013.

     

     

     

     

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    Learn more  

     

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    Read more stories  

  • Professor Elam

    Thursday Dec 6 2012

    NASA has compiled this stunning view of the earth at night from various satellite photos.

    Screen Shot 2012-12-06 at 7.38.12 AM

  • Professor Elam

    Wednesday Dec 4 2012

    Ron Schmidt and the CMA Exam Prep Course have collaborated with Gleim to provide a live CMA review course with Web-Delivery options so you can meet your goal of passing the CMA exam in 2013.

     

    This review course will be held live in Dallas but also allows students from the region to view and participate from the comfort of their own home or office. The CMA Exam Prep Course will make available one final cram session at the end of the course. The cram session will take place live in multiple major metropolitan areas in the region. It is designed to give candidates the tools, information, and knowledge necessary to pass the CMA exam the first time. This offering is unique to the area in terms of its affordability, flexibility, and the one-on-one attention that participants will receive from instructors with a proven track record of success.

     

    The CMA Exam Prep Course is offering a free online information session Sunday, December 9 at 6pm and Tuesday, December 11, at 6pm. In each information session you will learn about the CMA exam and this unique live review course in your area. You will also hear from knowledgeable instructors and staff. Log on and learn what it takes to become a CMA! Attendees of the live information session will receive a $50 discount when they enroll for the course.

     

    Call Ron Schmidt at 469.682.0452 or email info@cmaprepcourse.com<mailto:info@cmaprepcourse.com> if you are a candidate who wants to pass the CMA exam quickly and needs the added value of a live instructor. Already certified or know someone who needs to get certified? Forward this opportunity to your non-certified peers, as we also want to help them get certified in 2013!

     

    Register now for this FREE information session conducted online December 9th and 11th by contacting Ron Schmidt. Thank you, and have a great day!


  • Professor Elam

    Tuesday Dec 4 2012

    I'm late / I'm late / For a very important date. / No time to say "Hello, Goodbye". / I'm late, I'm late, I'm late. 

    The White Rabbit, Alice in Wonderland

    Alice was incredibly written in egads, 1865. That such an imaginative tale would be written then is amazing, that the human condition has not changed on wit since is even more so. 

    Yes it is that time of the semester once again. Just yesterday a couple of students in class were startled to learn this is the last week of class!. All around I am asked when the final exams occur. On the Tamusa website click Current Students, then Final Exam Schedule to go to 

    Final Exam Schedule.

    I hear from many that they are so rushed and out of time and don't know when the exams are scheduled. I moved the homework deadline to the last week of class, two months ago. That of course did not prevent yet another request for extending the deadline once again. The last week of class is no time to do homework over the exam taken  two months ago. This is the time to review that work for perhaps the third time. Repetition not cramming is the key to success. 

    I am wondering if anythng is getting done. Absenteeism soars, students leave class, chaos reigns.

    Nothing has changed since I was a student. I can recall our receipt of the first hour exam in Geology 301A in the Fall of my first semester at UT Austin. We were in the Lecture Hall seating some 400 in  the Geology Building just northeast of the Main Building. The young ladies seated around me exchanged comments, bragging on how how long they had 'studied' for the exam. The claims were generally in the 6-8 hour range. That first six weeks exam probably covered four chapters. And so the exams were returned, back then we actually wrote out answers to questions which were read and graded, hard to imagine now but true.  Then a quiet fell over my fellow students. I glanced around to the 65-73 scores around me. I made a 93. But then I had been studying from Day One. That means  taking notes after reading the chapters before class. 

    What they really meant was that they began reading or attempting to read the textbook two days before the exam. That is not study, that is cramming.  This is the naive notion that material can be larned on the quick. This was not true then or now.  Repetition is the key to success. It takes three exposures to material to begin to learn it. 

    Their lack of preparation was such that they were surprised at their own low scores. This speaks volumes to the fact  that 

    They did not know what they did not know, Lost in Space I believe is the phrase. 

    My dorm room that semester looked over the football practice field. Today that field has been moved and enclosed to prying eyes but back then all was plain to see. After a few calisthenics the team brokeinto various squads. The guys that kicked the field goals had a simple routine, they practiced kicking field goals for the next two hours. There were multiple footballs and the team assistants shagged the balls and kept them rotating back to the kicker. Coach  Darrell  Royal knew that when they would be needed, there would only be one shot at it, and in a matter of seconds. Repetition would be the key to mastery of the art. 

    Kicking the football or learning accounting, it's all the same. Start kicking…..