Three Top Financial Scandals in the Recent Past

Table of Contents Summary Introduction The London Interbank Offered Rate (Libor) Enron Scandal WorldCom scandal Conclusion References Summary Financial scandals have been common in corporations for a considerable length of time. In this particular paper, fraudulent financial activities that have affected three companies have been discussed. The rigging of financial markets and large well established corporations is not a new phenomenon. However, the trend seems to be getting out of control in the modern economy.Advertising We will write a custom term paper sample on Three Top Financial Scandals in the Recent Past specifically for you for only $16.05 $11/page Learn More There are growing allegations that systematic robbing of financial institutions has been taking place in the past 3 decades or so. One of the worst impacts of financial fraud in these institutions is that the global interest ad exchange rates have always been forcibly fixed by a few fr audulent individuals. In other words, the market forces of demand and supply are hardly left to play their roles in the contemporary liberalized economies. This paper offers a succinct discussion of three top financial scandals that have been witnessed in the recent past. Introduction When banks in London are engaged in the process of borrowing from each other, there is a specific charge that is levied on the service. This average interest rate is referred to as Libor. The Thomson Reuters usually play the role of calculating this value (Snyder, 2012). There are several instances when Libor matters a lot especially when it comes to the net value of a product or when borrowing loans from banks and other financial institutions. For instances, it is highly likely that Libor affects credit card usage and property loans in several ways. Even the US economy is significantly affected by Libor. Other scandals discussed in this paper include the Enron and WorldCom scandals. The London Interba nk Offered Rate (Libor) To begin with, it is perhaps necessary to explore the culprits behind the Libor scandal. The fixing scandal for interest rates is believed to have involved close to twenty major banks both in Europe and the United States. It has also been found out that banks spread across three continents were embroiled in the scandal. The scandal remarkably jeopardized the career of Bob Diamond who was serving as the chief executive officer at that time. Pressure mounted each day for the CEO to surrender his office while other several top professionals in the banking sector across the world were being compelled to quit their offices so that investigations could be started (Snyder, 2012).Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In order to assist the trading position of the bank immediately before the onset of global financial meltdown in 2007, submissions that were nev er true were made to the committee charged with the role of setting interest rates for Libor. This was a critical way of manipulating interest rates so that the overall financial performance of the bank could improve. Besides, this move boosted the profitability of the Barclays Bank (Snyder, 2012). This was a serious fraud bearing in mind that Libor is a leading interest rates benchmark across the global financial markets. The integrity of the interest rates was adversely affected by the Barclays’ behavior since it generally posed a gross financial threat to other market players. Enron Scandal The Enron scandal has also been noted as one of the most popular financial frauds that took place in the last decade. At the onset of the new century, Enron was a company to reckon with in several ways due to its performance and market stability (Foster, 2010). It recorded a tremendous success that several other companies could hardly attain. Nonetheless, a harbinger of elaborate challe nges was recognized by investors when earnings restatement was announced by Enron in mid 2001. Within a period of merely one and a half months, Enron was declared bankrupt and unable to run its financial obligations in spite of the fact that it was powerful market performer and oozed with adequate wealth. The fraudulent financial activities that took place at Enron could be grouped into two categories. First, basic fabrication of numbers took place in the financial records of the company (Salter, 2008). For instance, when its venture with Blockbuster did not succeed, it was poorly valuated. Second, complex financial maneuvers were also witnessed prior to the fall of the company. Nonetheless, the American economic system is largely believed to have significantly contributed to the decline of Enron (Foster, 2010). The people’s trust in the performance of the entire economy was also weakened after the scandal. The executives of the company were described as greedy individuals wh o could not maintain their integrity as outlined in the code of ethics (Fox, 2003). WorldCom scandal Both the accounting fraud and erosion of profits affected the performance and market stability of WorldCom company. Illusionary earnings amounting to billons were created in the eyes of investors whereas the company was headed to serious state of bankruptcy.Advertising We will write a custom term paper sample on Three Top Financial Scandals in the Recent Past specifically for you for only $16.05 $11/page Learn More One of the major impacts of this fraud was felt in the telecommunications sector. Millions of users were negatively affected by the declined performance of WorldCom Company (Romero, 2002). According to the financial records of this company, the net value of assets owned by the firm was estimated at $107 billion. Before this filing could be released to shareholders, the company reported that expenses amounting to about $3.8 billion had been imp roperly accounted for in the records. Telephone companies, suppliers, and banks were adversely affected by the fraudulent activities at the firm after the scandal was exposed. Before its bankruptcy, the total debts accumulated by the company stood at $41 billion. This marked the beginning of its downfall (Romero, 2002). Conclusion In recap, it can be seen that the financial scandals discussed caused major economic hitch in all the three companies. However, the common attributing factor was poor management of the firms’ resources. References Foster (2010). The decade’s worst financial scandals. Web. Fox, L. (2003). Enron: The Rise and Fall. New York: John Wiley Sons. Romero, S. (2002). WorldCom’s collapse: the overview; WorldCom files for bankruptcy; largest U.S. case. Web.Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Salter, M. (2008). Innovation Corrupted: The Origins and Legacy of Enron’s Collapse. Cambridge: Harvard University Press. Snyder, M. (2012). The Biggest Financial scandal in History? Web. This term paper on Three Top Financial Scandals in the Recent Past was written and submitted by user Caitlyn Byrd 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.

MASTER OF BUSINESS ADMINISTRATION Essays (9508 words) - Free Essays

MASTER OF BUSINESS ADMINISTRATION Essays (9508 words) - Free Essays MASTER OF BUSINESS ADMINISTRATION ADVANCED CORPORATE STRATEGY ( MGT 6266 ) INDIVIDUAL COMPANY CASE STUDY Dutch Lady Milk Industries Berhad Report prepared by: Abdulla Abdulqader Al-Attas (G1430873) Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc467903143 \h 3 Mission, Visions, Value, and Objectives PAGEREF _Toc467903144 \h 4 Business model and other relevant information PAGEREF _Toc467903145 \h 5 External Analysis PAGEREF _Toc467903146 \h 5 The PESTEL Analysis PAGEREF _Toc467903147 \h 6 The 5-Forces Model of Competition PAGEREF _Toc467903148 \h 8 Drivers of Change PAGEREF _Toc467903149 \h 12 Strategic Group Mapping PAGEREF _Toc467903150 \h 13 Internal Analysis PAGEREF _Toc467903151 \h 15 Financial Report / Financial Ratio PAGEREF _Toc467903152 \h 15 SWOT and TOWS Analysis PAGEREF _Toc467903153 \h 18 Value-Chain analysis PAGEREF _Toc467903154 \h 21 Competitive Strength Assessment PAGEREF _Toc467903155 \h 22 Identification of Strategies PAGEREF _Toc467903156 \h 24 Corporate Strategy PAGEREF _Toc467903157 \h 24 Internal Factor Evaluation (IFE) matrix PAGEREF _Toc467903158 \h 24 External Factor Evaluation (EFE matrix) PAGEREF _Toc467903159 \h 26 Business Strategy PAGEREF _Toc467903160 \h 29 Functional strategy PAGEREF _Toc467903161 \h 30 Operational Strategy PAGEREF _Toc467903162 \h 31 Recommendation PAGEREF _Toc467903163 \h 31 Conclusion PAGEREF _Toc467903164 \h 32 Introduction Dutch Lady Milk Industries Berhad (Dutch Lady Malaysia), is a manufacturer of dairy products established in Malaysia since 1950 under Royal FrieslandFoods, a Netherlands-based multinational cooperative. However, in December 2008 FrieslandFoods and Campina merged and Dutch Lady Malaysia became a subsidiary of FrieslandCampina new organization. In 28 May 1963, Dutch Lady Malaysia was incorporated as a private joint-stock limited company called Pacific Milk Industries (Malaya) Sdn Bhd. It started with the production of a single product - sweetened condensed milk - and has since expanded to a full range of dairy products locally manufactured in its factory located in Petaling Jaya. It was FrieslandFoods' first production facility based outside of the Netherlands. Its current products include growing up milk, UHT milk, pasteurised milk, sterilised milk, family powdered milk, low fat and 0% fat drinking yoghurt, and low fat yoghurt. Some of its products are also distributed to surrounding countries in Asia and Oceania. In 2011, Dutch Lady Malaysia was reported as the market share leader in the growing up milk segment - with the Dutch Lady brand holding 40% of national market share. Its financial record for first quarter of 2012 showed a 9 percent increase in revenue year-on-year, with a net profit of RM27.5 million (US$8.72 million). A slowdown in the Malaysian dairy industry, led Dutch Lady Malaysia to miss on achieving its RM1 billion sales target for 2013. Nevertheless, in 2014 2015 Dutch Lady Malaysia achieved beyond the RM 1 billon sales target. Royal FrieslandCampina is a multinational that produces and markets natural, nutritious and high-quality dairy products and ingredients. Taste, health, convenience and reliability are key characteristics. The company employs 21,000 people and has about 100 production and sales locations in 25 different countries. FrieslandCampina organises its activities into ftheir business groups: Consumer Products Europe, Consumer Products International, Cheese Butter and Ingredients. The product range consists of consumer milk, milk in powder and concentrated form, dairy drinks, yoghurts, desserts, cream, coffee creamers, baby and infant food, cheese, butter and ingredients. Its most important brands are Campina, Chocomel, Completa, Dutch Lady, Frisian Flag, Foremost, Betagen, Friesche Vlag, Fruttis, Fristi, Vifit, Landliebe, Milli, Mona, Optimel, Optitheyll, Puddis, P, Fruttis, NoyNoy, Peak, Rainbow, Yazoo, Appelsientje, DubbelFrisss, CoolBest, Debic, Frico, Milner, Buttergold, Valess, DMV, Kievit, Domo, Creamy Creation and Nutrifeed. Mission, Visions, Value, and Objectives Dutch Lady Malaysia vision is "To further strengthen our position as the leading dairy company, driving growth" . The vision do portray Dutch Lady Malaysia aspirations for the future. However, the vision had few shortcomings: Not graphic: does not paint a clear picture of where the company is headed Not memorable: it need to be memorable to be easily communicated Not complete: the vision statement seems to be incomplete Nevertheless, Dutch Lady Malaysia vision is in line with its mission and describe the organization who they are, what they do and why they are here. Dutch Lady Malaysia mission is "Helping Malaysians move forward in life withtrusted dairy nutrition ", Dutch Lady Malaysia aim to continue developing products that contribute toa healthy society. Dutch Lady Malaysia aims to continue its effort in combating obesity and nutrient deficiency by ensuring that its products are responsibly manufactured, healthy and

Bacterial Growth Requirements

Microorganisms can survive where most cannot due to their size, nutritional needs, energy requirements, and are very good at adapting to different environments (Black 2008). Microorganisms require two things to live a long healthy life, and these are physical and nutritional factors. Physical factors include pH, temperature, oxygen concentration, moisture, hydrostatic pressure, osmotic pressure, and radiation (Black 2008). Nutritional factors include carbon, nitrogen, sulfur, phosphorus, trace elements, and sometimes vitamins (Black 2008). For the purpose of this exercise I will focus on E. coli. Pathogenic Escherichia coli will be discussed since it is a common, but dangerous bacterium. E. coli in humans is found in the intestines. This bacterium is very durable, meaning that it is well-adapted to its habitat. For example, it can grow with glucose being the only food source. This bacterium can also grow with or without O2. If located in anaerobic habitat it can it will use the fermentation process producing mixed acids and gases (Todar 2012). This bacterium has shown that it can also use anaerobic respiration when NO3 or NO2 is available. Chemicals, pH, temperature, are a few signals that determines how E. coli will respond (Todar 2012). When it senses a change in the environment it can swim toward or away from anything useful or harmful. Temperature can also affect E. coli. A change in temperature allows E. coli to change pore diameter of its outer membrane to accommodate certain nutrients, or to exclude something harmful. E. coli also rations its nutrient supply by taking in account how much is available in its environment. This means that it will not take in nutrients unless it has enough to feed more bacteria that will be produced (Todar 2012). As you can see, this amazing microbe has the ability to adapt to its environment and in some case overcome. Imagine the microbes that are out there that has not be identified yet. Reference Black, J. (2008). Microbiology principals and explorations. (7th Edition ed. ). Jefferson City: GGS Book Services. Todar, K. (2012). Todars online textbook of bacteriology. Retrieved from http://www. textbookofbacteriology. net/e. coli. html Bacterial Growth Requirements Microorganisms can survive where most cannot due to their size, nutritional needs, energy requirements, and are very good at adapting to different environments (Black 2008). Microorganisms require two things to live a long healthy life, and these are physical and nutritional factors. Physical factors include pH, temperature, oxygen concentration, moisture, hydrostatic pressure, osmotic pressure, and radiation (Black 2008). Nutritional factors include carbon, nitrogen, sulfur, phosphorus, trace elements, and sometimes vitamins (Black 2008). For the purpose of this exercise I will focus on E. coli. Pathogenic Escherichia coli will be discussed since it is a common, but dangerous bacterium. E. coli in humans is found in the intestines. This bacterium is very durable, meaning that it is well-adapted to its habitat. For example, it can grow with glucose being the only food source. This bacterium can also grow with or without O2. If located in anaerobic habitat it can it will use the fermentation process producing mixed acids and gases (Todar 2012). This bacterium has shown that it can also use anaerobic respiration when NO3 or NO2 is available. Chemicals, pH, temperature, are a few signals that determines how E. coli will respond (Todar 2012). When it senses a change in the environment it can swim toward or away from anything useful or harmful. Temperature can also affect E. coli. A change in temperature allows E. coli to change pore diameter of its outer membrane to accommodate certain nutrients, or to exclude something harmful. E. coli also rations its nutrient supply by taking in account how much is available in its environment. This means that it will not take in nutrients unless it has enough to feed more bacteria that will be produced (Todar 2012). As you can see, this amazing microbe has the ability to adapt to its environment and in some case overcome. Imagine the microbes that are out there that has not be identified yet. Reference Black, J. (2008). Microbiology principals and explorations. (7th Edition ed. ). Jefferson City: GGS Book Services. Todar, K. (2012). Todars online textbook of bacteriology. Retrieved from http://www. textbookofbacteriology. net/e. coli. html Bacterial Growth Requirements The nutritional requirements of a bacterium such as E Coli are revealed by the cell’s elemental composition. These elements are found in the form of water, inorganic ions, small molecules and macromolecules which serve either a structural or functional role in the cells. Bacteria thrive by four things oxygen, food (nutrients), warmth and time but two others can be moisture and acidity. Nutrients are needed for energy, nitrogen (for DNA and proteins), phosphorus (for energy), and others. Warmth is needed so the bacteria can stay warm. Oxygen is needed so the bacteria can make energy and time is needed for the bacteria to complete binary fission over and over again. Acidity is needed so the bacteria can survive in its environment. Highly base or acidic environments may harm the bacteria and hinder its lifespan. In order to survive and grow, microorganisms require a source of energy and nourishment. Bacteria are the most primitive forms of microorganisms but are composed of a great variety of simple and complex molecules and are able to carry out a wide range of chemical transformations. Depending on their requirements and the source of energy used they are classified into different nutritional groups. Most microorganisms grow well at the normal temperatures favored by man, higher plants and animals. Certain bacteria grow at temperatures (extreme heat or cold) at which few higher organisms can survive. Most bacteria grow best in an environment with a narrow pH range near neutrality between pH 6. 5 and 7. 5. Microbes contain approximately 80-90% water and I f placed in a solution with a higher solute concentration will lose water which causes shrinkage of the cell. Some bacteria have adapted so well to high salt concentrations that they actually require them for growth. Nitrogen and phosphorus are particularly critical because they often control the rates of photosynthesis. Carbon is significantly more abundant than either of them and oxygen and sulfur are more abundant that phosphorous. Nitrogen and phosphorous are less available to plants relative to their growth requirements than are other elements. Phosphorus is often in short supply and limits plant and algae growth. Nitrogen is a major constituent of all proteins and of all living organisms. A lack of nitrogen can limit growth of plants, since nearly three quarters of its atmosphere consists of natural gas, N2. REFERENCES A New Way to Look at Microorganisms. (n. d). American Scientist, 93(6), 514. Bacterial Growth Requirements The nutritional requirements of a bacterium such as E Coli are revealed by the cell’s elemental composition. These elements are found in the form of water, inorganic ions, small molecules and macromolecules which serve either a structural or functional role in the cells. Bacteria thrive by four things oxygen, food (nutrients), warmth and time but two others can be moisture and acidity. Nutrients are needed for energy, nitrogen (for DNA and proteins), phosphorus (for energy), and others. Warmth is needed so the bacteria can stay warm. Oxygen is needed so the bacteria can make energy and time is needed for the bacteria to complete binary fission over and over again. Acidity is needed so the bacteria can survive in its environment. Highly base or acidic environments may harm the bacteria and hinder its lifespan. In order to survive and grow, microorganisms require a source of energy and nourishment. Bacteria are the most primitive forms of microorganisms but are composed of a great variety of simple and complex molecules and are able to carry out a wide range of chemical transformations. Depending on their requirements and the source of energy used they are classified into different nutritional groups. Most microorganisms grow well at the normal temperatures favored by man, higher plants and animals. Certain bacteria grow at temperatures (extreme heat or cold) at which few higher organisms can survive. Most bacteria grow best in an environment with a narrow pH range near neutrality between pH 6. 5 and 7. 5. Microbes contain approximately 80-90% water and I f placed in a solution with a higher solute concentration will lose water which causes shrinkage of the cell. Some bacteria have adapted so well to high salt concentrations that they actually require them for growth. Nitrogen and phosphorus are particularly critical because they often control the rates of photosynthesis. Carbon is significantly more abundant than either of them and oxygen and sulfur are more abundant that phosphorous. Nitrogen and phosphorous are less available to plants relative to their growth requirements than are other elements. Phosphorus is often in short supply and limits plant and algae growth. Nitrogen is a major constituent of all proteins and of all living organisms. A lack of nitrogen can limit growth of plants, since nearly three quarters of its atmosphere consists of natural gas, N2. REFERENCES A New Way to Look at Microorganisms. (n. d). American Scientist, 93(6), 514.

Discussion Question Assignment Example | Topics and Well Written Essays - 250 words - 10

Discussion Question - Assignment Example If the company will just rely on company-owned stores, it will not be able to achieve the international exposure that it needs. One believes that franchising is the key to increasing the company’s market share worldwide. It will not be financially draining for the company unlike if company-owned stores are established. Another major organizational change which one proposes is for the company to require their store managers to conduct weekly meetings with the sales staff. This is being suggested because one believes that the sales staffs are the people who would know exactly what the customers want. At present, the sales staffs are not consulted about the scents or products that the customers prefer. One believes that management should give importance to the sales staff by asking feedback from them. This could be done through the weekly meetings. Furthermore, this will motivate the sales people more because they will realize that their opinions are important to the company. The organizational changes proposed above will hopefully help the company improve its profitability and at the same time lead them to the road towards global success. The implementation of the suggested changes may take some time but it will definitely benefit the company in the long

1.Critically examine assessment and interventions for a specific Essay

1.Critically examine assessment and interventions for a specific client group (dual diagnosis) presenting with alcohol or drug misuse - Essay Example The slightly modified term â€Å"co-occurring substance misuse and mental health problems† refers more specifically to the observation that these co-occurring substance use and mental issues are frequently associated with the misuse of drugs and alcohol in ways that may complicate and contribute to psychological illness. In this context, the term â€Å"substance misuse† refers to the use of illegal drugs, the illicit use of prescription drugs and/or the excessive use of alcohol. When substance misuse and mental health problems co-occur in the same individual, this is termed a â€Å"dual diagnosis† or â€Å"co-morbidity†, although it should be noted that these two terms may apply more generally to any two conditions existing simultaneously in the same individual. The increased awareness of the co-existence of mental health and substance abuse issues in clients seeking or requiring psychological treatment represents an acknowledgement that mental health issues may have complex, multi-faceted origins that require individualized approaches to treatment and recovery (Drake & Wallach, 2000). It has also drawn attention that many individuals who are substance abusers are not simply guilty of criminal or excessive behaviours, but may abuse drugs or alcohol in the context of undiagnosed or untreated mental illness (Brems et al., 2006). The purpose of this essay is to explore some of the current assessment and therapeutic approaches to the treatment of clients presenting with this type of dual diagnosis, including cognitive behavioural therapy (CBT), motivational interviewing (MI), and brief interventions. Cognitive behavioural therapy is a therapeutic approach that is based on the premise that psychological issues are the product of aberrant thought processes and associated behaviours (Mueser et al., 2005). The goal of this approach is

HIV and X-ray Crystallography Essay -- Biology AIDS

WHAT IS AIDS? AIDS stand for Acquired Immune Deficiency Syndrome ACQUIRED, how? The blood, vaginal fluid, semen, and breast milk of people with the AIDS virus contains enough of the virus to transmit it to another person. Most people who have acquired the AIDS virus have done so by having sex with an infected person, sharing a needle with one, or being born to a mother who is infected. IMMUNE DEFICIENCY? Catching the AIDS virus can be lethal because it affects the immune system, which is the system in the body that fights against diseases. A person with the AIDS virus has lower levels of CD4+ cells. These cells, commonly called "T-helper" cells are an essential part of the immune system. Normal people usually have between 500 to 1,500 CD4+ cells in a milliliter of blood. SYNDROME, what syndrome? A syndrome is a health related problem that accompanies a disease. Acquiring AIDS has many side affects. As the CD4+ levels in an AIDS patient decrease, side affects including fevers, night sweats, diarrhea or swollen lymph nodes increase. Some frequently asked questions Q: What's the difference between AIDS and HIV? A: AIDS is caused by the virus called the Human Immunodefiency Virus or HIV. HIV is a retrovirus. Initially when your body is infected with the virus, it takes time for it to take its toll on the immune system. At this point its affect may not be apparent for years. HIV becomes AIDS when one has less than 200 CD4+ cells per milliliter in their blood. Q: Can you tell whether a person has AIDS just by there physical appearance? A: No. You can't tell by simply looking at someone. They may appear completely healthy. Q: Is it possible to get AIDS by the transmission of fluids such as tears or saliv... ...osure of the gp41 ectodomain. Thus, the HIV virus invades a human cell and causes infection. Implications of this experiment Although the isolation and crystallization of the gp120-CD4 complex is a milestone for HIV research, there is still much work to be done. With further research of this nature, we can learn even more about the initial interactions between HIV and the human lymphocyte cells. The more we learn about these interactions, the closer researchers will come to developing some type drug to prevent infection. In this case the ultimate goal is to discover some type of chemical that will bind to gp120 and keep it from binding to CD4. However, as there is currently no cure for AIDS, and the drugs to ease the disease's symptoms tend to be quite expensive, it is crucial that each and every person be properly educated about AIDS prevention.

Chemistry Extra Credit

Tim Bruce The subject that I will be focusing on through the course of this extra credit paper, is one about the combination of Aerospace Engineering and Chemistry. Chose this particular topic because of my future life goals. Which include getting a degree in aerospace engineering. Also became interested while researching for this paper in a particular sub topic of the TV which is called aerodynamicist's.Aerodynamicist's is the study of gases which takes into account the effect of motion, heat, and chemical changes. Which is important to the field of aerospace engineering in the fact that aerospace engineers design aircraft, spacecraft, satellites, and missiles. In addition, they test prototypes to make sure that they function according to design. So you can see how the two connect. But exactly what kind of chemistry is involved?Obviously chemistry is deep rooted into Aerospace technology. Aerodynamicist's primarily focuses on molecular interactions at typically high Mach Numbers, su ch as that seen in a combustion chamber of a rocket or that of a reentry vehicle. So although aerospace engineering is typically design and building oriented you would absolutely need a chemists back round when thinking about these types of things. Anything involving materials and processes also involves chemistry.Examples include, failure analysis of microcircuit packaging contaminant analysis, corrosion problems, electroplating and conversion coating problems, paint adhesion problems, thermoses polymer failures, evaluation of urological and thermal properties of prepares, adhesives, laminates and Adair absorbing coatings, soldering problems, firing pin failures, surface cleaning, alloy analysis, and process tank analysis. All of which are inside the aerospace field.But these are only a small amount of connections that Aerospace engineering and chemistry have together. But as stated before in the examples we see that included was a lot of rockets and when you think of rockets many will tend to think about NASA- Now NASA has been synonymous with space travel since its creation. But few tend to recognize he men behind the scene, when they see a space shuttle take off into orbit.The men and women of Aerospace engineering need to take into account not only the rocket but also the astronauts that pilot the space craft. When designing these machines, biological and chemical actions that will take place in the astronauts bodies. For instance what kind of chemical changes might happen to our bodies while piloting this space craft or how to limit the amount of g force put on the pilots as they take off and many many more factors.This diagram, although very simple to what aerospace engineers use, gives you a look into how many factors such as altitude, angle, speed, and maneuver time effects g force. So as you can see chemistry is deeply involved in the field of aerospace engineering. But not only that chemistry is involved in everything we do. It is everything, and ev erywhere.