Saturday, December 28, 2019

Essay on Wwii Impact on Women - 982 Words

Research Paper WWII Impact on Women The Impact WW2 had on Women During WW2 the presence of men at home was to a bare minimum. The impact this had on women was felt throughout the nation. How women would be looked at would be changed forever. They had to uphold various positions that were usually held by men and reevaluate their roles as homemakers. Their lives at home had changed; they were no longer the primary care giver. They also joined different parts of the military. Due to men being away at war during WW2 women were forced to participate in the workforce, which would change their view of their position in society. With life hard on women already holding the home together while their husbands were in the war, they were†¦show more content†¦In 1942 the Women’s Army Corps was introduced. These women worked in more than 200 non- combatant jobs stateside and also every part of the war. They served not only as common nurses but also â€Å"within the ranks of the United States Army.† There was also the Women’s Army Corps introduced in 1942. This group of 1,100 women was asked to join and fly military aircraft, due to the shortage of pilots. Their job was to fly from factories to military bases and also different take off points around the country. Even though during their enlistment the WASP were supposed to become part of the military, after a couple years the program was cancelled. The last group the, Women Accepted for Volunteer Emergency Service, was already established. After being absent for twenty-three years, they had to be reactivated because of WW2. While a lar ge portion of these women did the job of secretarial and clerical they had other jobs they did. Thousands of WAVES performed duties in aviation, medical professions, communication, intelligence, science and technology. These military jobs and the other non-traditional jobs the women participated in made them almost like a ghost in their home front. All of these women that were manipulated and pressured into doing these jobs put a big hardship on their presence at home. Even though women are considered the mangers of the home they alsoShow MoreRelatedThe War On The Home Front1112 Words   |  5 Pagesamount of time, America went a serious of events which had great influence on the home front. Those two events were WWII and the Cold War. Civil rights, the cultural norms, and society at large, had changed greatly during a short amount of time due to these events. The United States was fight a war on two fronts, both at home and overseas. The wars overseas had great influence and impact on the successes that would come over time on the home front. Without these wars and times of trials and tribulationsRead MoreHistory Course Outline787 Words   |  4 PagesInquiry questions †¢ How did the Australian government respond to the threat of communism after WWII? †¢ Why did Australia become involved in the Vietnam War? †¢ How did various groups respond to AustraliaÂ’s involvement in the Vietnam War? †¢ What was the impact of the war on Australia and/or neighbouring countries? Learn About; 1) AustraliaÂ’s response to the threat of communism in Asia after WWII including: Ââ€" Korean War Ââ€" ANZUS Treaty Ââ€" SEATO Alliance 2) The response to the threat ofRead MoreEssay on The Role of Women in World War II615 Words   |  3 Pagesa cameraman is essential to the making of a movie the roles women played in the war was essential to our allied victory. In the war women provided food, clothing, funds, medical work, safety, knowledge and a safe and secure country to return to at the end of the war effort. All the help provided by women gave helped prove gender equality can work in society and helped lead to womens rights in our county. One of the biggest roles of women in the second world war was working war factories. these wereRead MoreGender Equality And Equal Opportunity1664 Words   |  7 PagesWomen during WWII were confused about their roles in the war. There were two common attitudes women in the 1940’s had towards the war. On one hand women felt inspired to rise to the challenge and fill the void left by men. On the other hand, some women felt, â€Å"cheated,† and unable to carry on due to the absence of men. Even though most women agree that gender equality and equal opportunity is positive, women who lived through WWII would most likely argue that it is not always worth the sacrifice.Read MoreEssay about G.I. Jane: Women in the Marine Corp1673 Words   |  7 Pagesand patriotism during WWII. Meanwhile, women were encouraged to be nurses, mothers, and some were paraded around as tokens of â€Å"equality† like Rosie the Riveter and â€Å"Marinettes.† Now, the second World War has been pointed to as a turning point in womens rights. However, few Americans recognized the achievements of women and most even discouraged them. Because the many contributions of women during WWII went unnoticed, even today, Americans need to learn the sacrifices many women made while still beingRead MorePost World War II: Effects and Changes in America1524 Words   |  6 Pageschanges to the world and specifically America. It not only changed the world map but also set impact on the behaviours. WWII played a major role in building turning points during different periods. Before WWII, African Americans were not offered equal rights in the community. It was considered an impossible thing that African could ever do a white collar or even a blue collar job. However, soon after the WWII, there came a turning point in the lives of African American with the Civil Rights Act in 1964Read MoreWorld War Ii Brought Monumental Movements, Struggles, And998 Words   |  4 Pagesconstructive effects of the war, such as vast numbers of women joining the workforce, overshadowed pitiful mistakes like Japanese internment camps. For every negative result of the war effort, for example increased rations on everyday necessities, there was an optimistic outlook on life, often provided by radios. The United States transformed in many ways, but emerged stronger than ever at the war’s end. Within a few years, the role of women morphed from a simple housewife to a hardworking war industryRead MoreThe World War II Propaganda811 Words   |  4 PagesWorld War II Propaganda During World War II propaganda posters where used to influence many peoples value, beliefs and behavior. The use of propaganda had a huge impact on the allied and axis power during this time. Both enemy’s used posters to get support from there government and families back home. Creating these posters encouraged people to save their materials so that most of the weapons could be used during the war. Propaganda it was a smart way to get people to degrade the enemy. FurthermoreRead MoreA Time For Change . William G. Pollard, A Physicists, Had1509 Words   |  7 Pagesgender change provided by the outbreak of WWII. The 1940’s were a difficult time in our nation’s history. The country was still firmly embedded in the economic grips of the Great Depression. â€Å"Some 13 to 15 million Americans were unemployed† during the late 1930’s (History). Due to the large percentage of unemployment, women were discouraged from working. Working women would take jobs away from men. Unfortunately, due to the economic conditions, many women had to work in miserable conditions orRead MoreHeroic Traits Of Jacqueline Cochran795 Words   |  4 PagesGods and Goddesses, hero’s today are known to show strength, wisdom, bravery, and many other heroic characters. Jacqueline Cochran showed her heroic attributes when she came into WWII looking for a way for women to make a difference and fight in the war. Jaqueline founded WASP, Women Airforce Service Pilots, she made an impact in so many women’s lives by making them more included in the war instead of staying at home waiti ng for updates. Jacqueline shows the heroic traits that goddesses such as Athena

Friday, December 20, 2019

The International Financial Crisis in 1929 Essay - 830 Words

The International Financial Crisis in 1929 Throughout the 1920s in Britain there were economic problems. Unemployment was increasing; therefore there was low domestic demand and large amounts of poverty. Markets were also being lost abroad, leading to a decrease in trade. However in 1929-31 these problems reached crisis point, when in 1929 The Wall Street Crash called for an end of American Loans to Britain, and the re-call of all Britains debt. This had impact worldwide, as prices for goods slumped due to lack of demand and business confidence disappeared. In Britain it became clear that the Laissez-faire policy was not going to work, but there was a divide in thoughts over which policy to adopt†¦show more content†¦He was, however convinced by King George V to remain as Prime Minister but as leader of a national coalition government. In order to prove that Labour was a national, responsible party, Macdonald was prepared to do this, as was Philip Snowden, Chancellor of the Exchequor. Snowden believed that the budget should remain balanced and Britain should remain on the gold standard. He therefore supported the May Committees proposal despite Labours working class stance. However Arthur Henderson the foreign secretary did not agree. Henderson was heavily influenced by the Trade Unions, and felt strongly that Labour should represent the working class, therefore he felt that if the budget had to be balanced by cutting unemployment pay and raising taxes it was better for Labour to leave office and leave such policies to the Conservatives or Liberals. This difference in opinion within the party led to its break up and the formation of a national government due largely to the proposals if the May Committee. (c) Ramsey MacDonald had no alternative but to form a National Government in 1931. Do you agree or disagree with this statement? Explain your answer. (15) After the First World War, Britain was thrust into a depression. Unemployment rocketed and wages fell dramatically. The mostShow MoreRelatedEssay on The Great Depression, Annotated Bibliography879 Words   |  4 PagesStephen G. Understanding the Great Depression: Lessons for Current Policy . Monetary Economics (1997): 1-26. This article is about the circumstances that led to the collapse of the economy in 1929. It relates to my research proposal because I am evaluating historic events that led to the financial crisis of 1929. The article discusses how deflation played an important role in expanding the depression, and how the Gold Standard, a monetary system in which a country’s government allows its currency unitRead MoreThe Great Depression and Unemployment: Discussion Questions1271 Words   |  5 Pagesand social life. The most affected regions due to this economic slump were North America, Europe, and other industrialized Western countries. Among various other reasons, economists, researchers, and historians cite the Black Tuesday (October 29, 1929) as the biggest cause of the Great Depression. It was the day on which the stock market crashed. A massive number of individuals, business corporations, and banking companies had invested huge amounts in stocks. In order to survive from heavy loss Read MoreThe Crisis Of The 1929 Stock Market Crash1378 Words   |  6 Pagessubprime mortgage crisis, emphasized by the banking and financial crisis of 2008. The global economic crisis called the Great Recession followed in 2008. It has been famously regarded as preventable by the memory of the Great Depression in the late twenties. The stock market crash of â€Å"Black Thursday† on the 24th of October 1929 marked the end of the â€Å"Roaring Twenties†, temporary period of prosperity and endless hope in the United States. But this hope did not last long as the violent crisis suddenly questionedRead MoreThe Great Depression Essay1390 Words   |  6 PagesIntroduction: The world had faced two main economic problems. The first one was the Great Depression in the early of 20th Century. The second was the recent international financial crisis in 2008. The United States and Europe suffered severely for a long time from the great depression. The great depression was a great step and changed completely the economic policy making and the economic thoughts. It was not only an economic situation bit it was also miserable making, made people more attentionRead MoreEvaluating The Merits And Demerits Of Fixed And Floating Exchange Rate Regimes1062 Words   |  5 Pagessuited for one system. But there are a number of factors that influence this, and there is therefore no universal correct system for all international economies. I will discuss the merits and demerits of a floating exchange rate, providing the examples of the US Government response to the 2008 financial crisis and the excessive speculation that led to the 1929 stock market crash. These examples will illustrate a time when the US economy benefitted due to a floating exchange rate and a time whenRead MoreThe Great Depression Was A Dark Period859 Words   |  4 Pagessuch as the stock market crash of 1929, the maldistribution of purchasing power (overproduction), and also America’s position in international trade. These all greatly impacted America’s future and resulted in the great depression being inevitable. Both domestic and international factors led to the Great Depression, and one of the domestic factors involves the 1929 crash in the stock market. This event has come to be known as â€Å"The Great Crash.† It was in autumn of 1929 that the market actually beganRead MoreTaking a Look at the 1920s1642 Words   |  7 Pagesthe Gold Standard in June of 1919 and England, which returned to the Gold Standard in April of 1925. While the U.S. took the post –war position as the world s largest creditor and entered a period of unprecedented prosperity, England faced major financial difficulties, with a decision to maintain an overvalued exchange rate, for political reasons rather than economical reasons. The 1920s was a period of prosperity for the United States. The productivity of their industries grew rapidly with theRead MoreThe World s Economy Was Devastated1732 Words   |  7 Pages Assignment 4 GEOG200 Bradley Bache 3129292 Submitted September 10, 2015 In 1929, the western world’s economy was devastated. With the crash of the United States Wall Street, the realm drove into what is now known as the â€Å"Great Recession†. Its neighbour to the north, Canada also felt these affects as unemployment and poverty grew. After a decade of despair, the massive rise in government spending for the Second World War and the reductions in taxes, the economies returned to prosperRead MoreHistory Of American Economy : The Great Depression Essay1360 Words   |  6 Pagesgrown to be the world’s leading economic superpower, particularly in the in the early 20th century. It was the world’s best source of financial capital. The great depression changed everything; America’s economy was deteriorated as the great depression took a toll on its economy as from 1929 to 1939. In fact, Walton and Rockoff confirm that within the first four years, 1929 to 1933, the United States’ economy had simply disintegrated (422 ). Historians and scholars have been predominantly concerned withRead MoreThoughts Of The Asian Crisis1211 Words   |  5 PagesThoughts of the Asian Crisis (1997-1998) In the period between 1997 to 1998, a great economic storm blew the some fast-developing countries, especially Thailand, Indonesia and Malaysia. They had great economic development before the crisis, but left almost everything at the end of the storm. The most obvious impact of the crisis is the capital outflows and currency devaluation. So, people in those developing countries began to find who should be responding to the crisis. International speculators were

Thursday, December 12, 2019

Relationship Between Motivation And Performance Management Essay Example For Students

Relationship Between Motivation And Performance Management Essay Outline1 1. Introduction2 2. Research aims3 2.3 Research Hypothesis4 2.4 Research inquiries5 3. Literature Reappraisal6 3.1 Introduction to motive7 3.2 Motivation Defined8 3.3 Motivation Theories9 3.4 The Role of Motivation10 3.5 Performance Management11 3.5.1 Performance direction defined12 3.5.2 Theoretical model13 3.6 Employees motive in UK Health public service14 4. Research Methodology15 4.1 Methodological Approach16 1. Qualitative attack17 4.2 Population and sample18 4.3 Research Tools19 4.4 Data Collection20 5. Contemplations21 5.1 Appraisal of resources22 5.2 Ethical deductions 1. Introduction The National Health Service ( NHS ) in United Kingdom is a singular establishment of a public service. It represents an experiment in societal technology, an effort to supply free health care to the population of the UK across a comprehensive scope of service. ( Greener I, 2008 ) Because of being public service, there are a batch of jobs arise from the clients ( patients ) towards services which the clients got from NHS. Effective work force is a important factor as it is organisation primary participants which drive the organisation achieve the ends and bringing services. Human resources, hence, plays the cardinal function in the wellness sectors in bettering the work force public presentation and handiness to services and quality of attention. Motivation is a cardinal obstruction to wellness sector development in term of staff public presentation. It is a challenge for Human Resource. In order to accomplish wellness services marks, a Motivated and capable work force is a key which help the wellness sectors increase the productiveness and quality of wellness services. Motivation is defined as an person s grade of willingness to exercise and keep an attempt towards organisational ends ( Franco LM. et al. , 2002, 1255-56 ) In footings of theory, there are many different theories in motive. ( Franco LM. et al. , 2002, 1255-56 ) By and large, people ever get confused between two countries of motive which are motive to be in a occupation and motive to execute, but both countries are really of import for directors. They need to understand that all activities in the workplace can be impacted by both countries of motive. Herzberg s two-factor theory of motive at the workplace is the theory which is used for this issue. It describes the distinction between these two countries of motive. In order to understand these differenced, the theory distinguishes satisfiers which are the chief causes towards whether high or low public presentation in the workplace. From dissat isfies, if these are absented or perceived as inadequate, these will be the chief causes for occupation dissatisfaction and de-motivate the workers to stay in a occupation. Empowerment, acknowledgment, honoring, duty and the work itself are illustrations of actuating factors. Dissatisfies are all about working conditions, salary, relationship with co-workers, administrative supervising, etc. . Therefore, organisation demand to concentrate on public presentation management- utilizing a vary of human resources direction ( HRM ) tools such as: public presentation assessments, honoring, uninterrupted instruction, and calling development etcaˆÂ ¦ [ Martinez J. 2001 ) because public presentation direction is an attack which can act upon satisfies. However, in the public wellness sectors, public presentation direction such as resource-poor scenes is frequently developing because these sectors normally concentrating merely on supervising or other certain facet of public presentation d irection. ( Martinez J, Martineau T. 2001 ; Fort AL, Voltero L.2004 ; Trap B, et al. , 2001 ) 2. Research aims This aim of this research is to depict the of import factors which lead to motive and demotivation of the wellness service s nurses of Abingdon Mental Health Centre in Oxford and besides investigate factors taking to motive. Furthermore, it will show relationship between motives with the public presentation direction activities in footings of why the activities can actuate employees and what are those activities. Apparently, a study for this research to be conducted to wellness service s nurses of Abingdon Mental Health Centre in Oxford aimed to find their perceptual experience in footings of motive towards the public presentation direction activities. Furthermore, an interview will be besides conducted to cognize what are the motives and demotivations of the workers sing to public presentation direction activities. Finally this research comes up with relevant findings and provides understanding recommendations on public presentation direction activities in relation to the motive of the nurses in order to assist them to execute better. 2.3 Research Hypothesis Research hypothesis is a probationary account or posit by the research worker of what the research worker predicts for the results of an probe will be. ( McBurney D.H. and White T.L, 2009 ) It, fundamentally, states the research worker s outlook refering the relationship between independent and dependent variables in the survey. The research hypothesis of this survey is as follows. Hypothesis: There is important relationship between motive and public presentation direction. Hypothesis: The public presentation direction activities can extremely actuate or demotivate the nurses of Abingdon Mental Health Centre 2.4 Research inquiries By and large, the intent of this survey is to carry on the survey on the relationship between public presentation direction activities and the motive of wellness service s nurses. This survey tries to reply the undermentioned questions: 1. What extent the motivates and demotivates for wellness sector nurses? 2. How do the motivation factors relate to public presentation direction activities? 3. Literature Reappraisal 3.1 Introduction to motive In the yesteryear, when the human resource direction was non a large factor of an organisation, employee was considered as merely an input for the production of goods and services. However, when the clip has passed, the manner of believing about the employee was changed by researching, referred to the work of Elton Mayo from 1924 to 1932 which was the Hawthorne Studies ( Dickson, 1973 ) . These surveies found that there was non merely money which can actuate the employees and their attitudes are linked to their behaviour ( Dickson, 1973 ) . The Hawthorne Studies showed the attack of the human dealingss to direction, in which the motive and demands of employees are of import issues which become the primary focal point of direction squad ( Bedeian, 1993 ) . 3.2 Motivation Defined The construct of motive was defined by many modern-day writers. Motivation has been defined as a willingness to act in an appropriate mode in order to accomplish specific, unmet demands ( Buford, Bedeian, A ; Lindner, 1995 ) and what causes people to act as they do ( Denhardt et al. , 2008, p. 146 ) . 3.3 Motivation Theories Harmonizing to the Hawthorne Study consequences, understanding factors which motivated employees and how those employees were motivated was the interesting focal point of many research workers. ( Terprtra,1979 ) There are four major attacks that help us to understand the motive are Maslow s need-hierarchy theory, Herzberg s two- factor theory, Vroom s anticipation theory and Skinner s support theory.. The Secret Life Of Walter Mitty - Character Study Of Walter Mitty EssayThis research required an organized information assemblage in order to explicate the research theories or doctrines that will be include in the research. Therefore, the exploratory qualitative will be conducted among directors and nurses. There will be conducted an in-depth interviews with the nurses and their directors. Interview will be recorded, taped and instantly canned and these will be extremely considered with the confidentiality issue. The privateness, confidentiality of respondents will be protected throughout the procedures 4.2 Population and sample The research scene in this survey is Oxford, United Kingdom. In Oxford there is a broad assortment of wellness service. Abingdon Mental Health Centre is one of the wellness services which specialize in mental wellness and it is found in National Health Service system As this qualitative research is taking to verify the work force motive and demotivation, and it is besides taking to verify the relationship between the motive factors and public presentation direction activities, a sample of 30 respondents in sum has been indiscriminately selected. The respondents are divided into two mark groups which are 25 nurses and five directors. 4.3 Research Tools As the research worker will utilize qualitative informations, therefore inquiries will be provides for both group of respondents. Both groups will be asked two set of inquiries which one of them will be the same and one will be different sing to their positional position. In-depth interviews will be used as the method of informations aggregation for this survey. For this research undertaking the interviews will be conducted at respondents abode and at the respondents workplace which is Abingdon Mental Health Centre In every individual interview, there might be a prejudice or false information of self-report informations. Welman and Kruger ( 2001 ) recommend that the research worker should dress in more or less the same manner as respondents and interviewers should be careful non to state any inquiries which may be construed as a coveted response but should utilize unfastened ended inquiries alternatively. Therefore, the research worker will be bear in head about these recommendatio ns. 4.4 Data Collection In this survey all primary informations and secondary informations will be used. Primary beginning of informations will be collected through the in-depth interview, with audiotape entering if permission is granted. Furthermore, field-note will be taken besides. Since, some informations might be sensitive, the privateness, confidentiality of respondents will be protected throughout the procedures of qualitative informations aggregation. The location for the in-depth interview will be at the workplace of the respondents which is Abingdon Mental Health Centre or the respondents abode if it is needed. Secondary beginning of informations will come from published articles from wellness service diaries, authorities publications and besides related surveies on public presentation direction. These secondary informations will be utile secondary informations because it might assist researcher analyze and construe more easy. 5. Contemplations 5.1 Appraisal of resources This survey will be concentrated on Human Resource Management ( HRM ) . Motivation is an facet which is of import for the public presentation of work force. This survey is taking to verify the work force motive and demotivation, and it is besides taking to verify the relationship between the motive factors and public presentation direction activities. Therefore, people are a cardinal facet for this survey. To be successful in this survey, there are many resources which are needed. This survey requires the information from questioning 30 respondents which are divided into two groups which are work force ( 25 ) and administrative staff ( five ) . The item or information which will be gathered from the in-depth interview will be assist the research worker happen out the reply for the research inquiries above. However, there will be some mistakes if those respondents answer the inquiries with their prejudices or give some false information. Apart from respondents, an of import individual for this survey is the research worker. Researcher is a MBA pupil who has done the Human Resource Management faculty. The Human resource direction is the topic which includes many issues which the research worker interested in. Therefore, it will be easier for research worker to complete this survey successfully. Additionally, there are other accomplishments which the research worker thinks that they might be helpful for this survey. Communication accomplishments are really of import accomplishment for this survey because in-depth interview need efficient communicating between interviewer and interviewees. Due to the restriction of English ability of the research worker, the research worker demand to be careful for fixing the inquiries for the interview in order to avoid some mistakes which might be occur because of misinterpretation. Apart from communicating accomplishments, be aftering accomplishment and prioritizing accomplishment are besides needed to be focused. Harmonizing to clip bound, this survey has to be finished in every individual procedure on clip. Therefore, research demand to give precedence to these accomplishments besides. 5.2 Ethical deductions Basically, qualities feature of the qualitative research has seen as an ability of an interviewer to listen attentively and empathically, whist ego awareness necessitate to be concerned excessively. ( Smythe and Murray, 2000 ) There is a criterion of ethical rule which needed to be give precedence to such as free and informed consent, privateness and confidentiality ( Berg,1995 ) Smythe and Murray ( 2000 ) emphasize that there may be ethically conflicted in the qualitative research because this research besides involves some grade of personal engagement between research worker and respondents. This survey demand to be cognizant of factors which might take to ethical issue. Due to some reveal information which might be the extremely personal informations, the research demand to maintain this information as confidentially in order to protect any injury to respondents. Harmonizing to the thought of process consent which is designed to protect the rights of respondents to retreat their informations at any clip during the research, hence, consent for respondents will be obtained through the research procedure, future utilizations of information for publication and informations sharing demand to be discussed. Harmonizing to willingness of respondents to take part the interview, the inquiries for the in-depth interview demand to be certain that the respondents will non experience that they are bothered with the perennial inquiries.

Wednesday, December 4, 2019

Cross Investigation Individual Differences â€Myassignmenthelp.Com

Question: Discuss About The Cross Investigation Of Individual Differences? Answer: Introducation Corporate Governance are those rules or laws or procedures which is used by the corporate inside the office so that they are able to maintain a good culture within the organization which enables the organization to meet the criteria of high standards and thus the company sets various goals so that the criteria can be achieved. It fulfils the aim of the organization to build and to maintain a good relationship so that it creates a bond which helps to maintain the stakeholder relationship and make it stronger. The member of the organization includes the directors and officials such as the chartered secretary which helps to improve the standards of the organization. If the corporate governance is strictly followed or adhered then it ensures growth of the organization and also enables the organization to be sustainable and helps to maintain the standard and is an integral nature of the organization. How does Corporate Governance play a important role in the organization The directors of the company- they play a vital role in regard to any organization and they play a role which is very important for the organization. They ensure the growth for the organization and they also see that the organization makes development so that the companys rises in the upward direction. The directors of an organization are the decision makers of the organization and help in the success of the organization (Baumann-Pauly, 2013). The shareholders of the company- The share holders are an integral part of the organization and they play a critical role in the success of the organization. They are the people who support the company in number of ways. The most important support that the shareholders provide is the support with the capital of the organization. The capital is the most important factor for any organization so it can be said that the share holders are the people who are very important for the organization from each and every way. Stakeholders of the company- The stake holders are the people who are directly or indirectly related with the organization. The stake holders can have direct relation as well as they may also have in-direct relation with the organization depending upon there function with the organization. Different kinds of stake holders such as the people who are working within the organization, there are suppliers who supplies different commodities for the organization. The stakeholders help in functioning of the organization in different ways and help the companies to grow. (Cappelli, Moore and Trzeciak ,2012). Comparison between the Resolution of 2016 Concerning Corporate Discipline and Governance Standards of Public Joint Stock Companies in UAE, and International codes of cooperate governance UK The Corporate Governance Code in UAE has set high standard, which provide for the plan which helps the company to comply with the requirement of the code. The listed company shall comply with the requirement of Corporate Governance Code and it sets out the actions to rectify any non-compliance. The main provisions of UAE Code are as follows: There shall be at least one third directors representing independent directors with a majority of non executive directors. There is either a Chairman or a Managing director. The meeting of the Board of director shall be held once in the two months An audit committee, nomination and remuneration committee is formed which is not less than three non executive directors one of whom shall be independent. Out of the members one member shall be the expert in financial affairs (Crane and Matten, 2016). There shall be compliance officer The listed company shall submit a report on corporate governance which includes the information and the details on the internal corporate governance system and it conveys any violations committed during the financial year .The details of remuneration of the seniors are also mentioned. The listed company which is listed on the UAE shall notify the SCA and the management regarding the development that affects the price. The board of directors shall be announcing the confidential information provided there is no trading done by the directors of the company as per insider trading norms. The listed company shall notify to SCA the shareholding pattern if it is more than 5 per cent of the companys securities (Council, 2012). The main provisions of UK Code are as follows: The UK Code for Corporate Governance has set out good practices relating to the board leadership and also the effectiveness or the remuneration of the shareholders. All the companies listed under the UK Act need to apply the code for listing regulation. The Code contains principles and provisions required in to be reported in the annual report and are applied in the code. The shareholders read it from the annual report which increases their trust on the company. The provisions are as follows: To comply or explain concept in the Corporate Governance for UK was in the Code since the code came to force it was strongly supported by the companies and the shareholders of the companies operating in UK. The Main Principles of UK Code 1: Leadership Every listed company shall have a strong and effective Board who is responsible for the long term growth .The responsibilities are divided between the boards and executive who is running the company. The Chairman of the company is the head of the leadership team. The board helps the non executive to form the business plan and strategy. 2: Effectiveness The board shall have the knowledge and expertise to discharge the duties effectively. The directors should be properly trained so that they can enhance their skills. The board shall keep with themselves the information required to discharge their duties in a timely manner .The directors are elected in UK on a regular interval subject to continued satisfactory performance. 3: Accountability The board shall prepare a fair, transparent assessment of the companys position. The board will maintain a sound system for risk management and internal control system (Jain and Jamali, 2016).The board should establish fair and transparent arrangements to maintain appropriate relationship with the companys auditors. 4: Remuneration There should be a very transparent form for developing the remuneration of the individual directors. 5: Relations with shareholders The board should use a general meeting which is called once in every financial year so that the directors are able to convey and communicate with the shareholders and the investors. Comparison between the Resolution of 2016 Concerning Corporate Discipline and Governance Standards of Public Joint Stock Companies in UAE, and International codes of Corporate governance Japan The main provisions of Japan Code are as follows: The ASHA Code of ethics (2010) talks about the ethical and the confidentiality that is maintained which relates to the information of the clients and the people. The corporate governance helps in maintaining for better compliance and confidentiality to maintain the files (Epstein and Buhovac, 2014).The Chartered Accountant is appointed to comply with management of document and files. The following are the task in this regard: Separate files are maintained regarding employees and the shareholders All information shall be physically and electronically maintained in a statutory registrar within a stipulated time (Harris et al., 2013). All information shall be disposed of properly to the required person The company enters into a nondisclosure agreement with the employees so that there is maintenance of confidentiality of all the information Corporate governance adheres to the proper internal control procedures, accurate financial procedures, the financial standard, and reporting and control procedures A company secretary is appointed who will be responsible for recording the meetings in the minute and will be maintaining all the records and documents, which shall be kept and preserved throughout the business (Horn , 2012). The company secretary attends the meetings of the board, the annual meetings and maintains the records. He check whether the company has complied the procedural norms, regulations and thereby carries out all the responsibility of carrying out the secretarial duties as instructed by the directors of the company (Jaatun et al., 2016). The responsibilities of the directors of the public listed companies are as follows: In an organization the company secretary as well as the directors is being assigned the responsibility which is proper in nature and such that the functions of the company are well maintained. The functions of the organization are as follows: There are obligations which are needed to be carried out by the director that they are able to keep the record as well as the financials for the solvency resolution. The listed Companies which are required to compulsorily lodge and file with the company the annual statement as well as the reports with ASIC and they should be able to keep the . There are some obligations as well as some liabilities which are being imposed upon the management such that they maintain and abide by those obligations. The board of the directors of a company which is listed in nature has number of rules and regulation which is strict in nature and these rules are to be followed very stringently. These rules are as follows: The company is provided with the decision that is being made by the board and they also provide strategy for the leadership which is for the organization to be followed. The board plays a very important role; the board helps in the recruitment of the managing directors for the organization. The directors of a listed organization acts in appointment of the CEO for the organization they also recruit personnel in managerial position for the organization. (Armstrong et al, 2015) The director helps in reappointment as well as the replacement of the senior personnel and it is done by passing various resolution in the meeting The directors or the company secretary oversee the company strategic objectives and also manage the operations The directors check whether the company complies with all the laws and regulation and that the entity is able to comply with the accounting and the reporting system and it also sees that the company had followed the regulation of the Act. They will see and check that the company sees that all the directors and senior directors and executive will pursue for the upliftment and succession of the organization. The reporting method of an organization functions are being taken care of by the director of the organization. The directors of the organization are the persons who ensure that there is a good control over the company and upon its functions. They ensure that the functions of the organization are being abided by the law. (Davis and Chu,2015). The reports that are being carried out in a particular financial year are to be published in the news paper. Overriding function of the directors in creating shareholders value The board of directors of the organization helps in managing the organization in a way such that there is a link created between the owners of the organization and the employees of the organization such that there is a relation that is created amongst them which helps in good functioning of the organization. It helps the organization to function properly and to maintain good relation with the employees. (Yoshikawa, Zhu and Wang, 2014) The director or the board also follows the responsibility that the organization should maintain a culture which is appropriate in nature and which is good for the employees working within the organization such that there is close bonding and relation between them which helps in functioning of the organization. This type of culture is to be maintained throughout and the board of directors ensure that this culture is being maintained with fullest priority. (Larcker and Tayan, 2015). Goal of maximizing shareholder value is the primary goal for the company The share holders are an integral part of the organization and they play an important and critical role in case of the growth and success of the organization. They are the people who support the company in number of ways. The most important support that the shareholders provide is the support with the capital of the organization. (Lazonick, 2014). As it is fact that capital is the most important factor for any organization so it can be said that the share holders are the people who are very important for the organization from each and every way. The society and the surrounding are to be taken care of by the organization and this is one of the moral performance of the organization. (McCahery, Sautner and Starks, 2016). Corporate Governance helps in (1) It looks after the share holders so that there is a healthy relationship within them. (2) It sees that the compensation and other remuneration are being given on time and the practice is being carried out according to the procedures. (3) It gives importance to the investors of the organization. It sees that the investment that is being made by the share holders are being utilized properly and such that maximum profit can be made from that investment so that it creates an positive impression for the share holders and thereby strengthen the bonding with them. The CEO of the organization functions in: Buying back the stock of the organization. (Omarova, 2016) It maintains the remuneration of the executive and rewards them for any kind of innovative work that is being shown from there side. In order to replacing the people who are the stake holders of the organization and helping the consumers of the company which is listed as a public limited company The board thinks for the share holder and they try to serve their interest. The board understands that the share holder of the organization wants their money to be utilized to the fullest so that they can get a good return on their money invested. The board takes care of the interest of the share holders which creates a strong bond with the share holder, which can serve for the betterment of the organization for a long period of time in the future. (Tricker and Tricker, 2015) Comparison between UAE code and UK code with the Germany code and with Japan Code UK CODE GERMANY CODE UAE CODE JAPAN CODE Code: Corporate Governance Code and Corporate Governance Report and Securities and Exchange Board Issuing Body: Securities and Exchange Board of India (SEBI) Legal Basis and Compliance: Mandatory with certain Exceptions as to certain recommendations Objectives: Make corporate governance framework More effective Scope: Listed companies with certain exceptions Predominant Board Structure (listed companies): Unitary Code: Corporate Governance Code Issuing Body: Federal Commission for the Securities Market Legal Basis and Compliance: Voluntary, but companies encouraged to comply or Explain Objectives: Set forth best standards of observing Shareholder rights and facilitating their implementation In practice, and make a companys management More efficient and ensure its long-term sustainable Growth Scope: Joint stock companies whose securities are Listed on organized markets Predominant Board Structure (listed companies): Two-tier: The law requires that a joint stock company with More than fifty shareholders have a supervisory body (Board of directors) in addition to an executive Body. Code: United Arab Emirates Ministry of Economy, Ministerial Resolution No. (518) of 2009 Concerning Governance Rules and Corporate Discipline Standards Issuing Body: Securities and Commodities Authority (SCA) Legal Basis and Compliance: Mandatory Objective: Achieving corporate discipline in the management Of companies in accordance with international Standards and approaches through determination Of responsibilities and duties of members of Boards of directors and the executive management of The company, taking into consideration protection of Shareholders and stakeholders equity Scope: All joint stock companies whose securities are Listed on a Securities and Commodities Market that is Under the license of SCA to continue their operation in UAE (the example of such is the Securities exchange of Abu Dhabi) Code: Commercial Code Issuing Body: Tokyo Stock Exchange Legal Basis and Compliance: Voluntary but companies are encouraged to comply it Objective: The main objective was to improve the corporate governance and to perform more rigorous control and monitoring of firm management Scope: This new code permitted the Japanese to select the traditional kansayaku system or the new committees system. Rules: To provide transparency, the issuers must include The following information for the accounting time frame is being taken care of the annual report and the important dates and events that took place from that day up to the date of publication that is being carried out and it also affect the annual report. Boards of directors are responsible for the governance Of their companies. The responsibilities of the board include setting the companys strategic aims, providing the leadership to put them into effect, supervising the management of the business and reporting To shareholders on their stewardship. The boards actions are subject to laws, regulations and the shareholders In general meeting. The boards role is to provide entrepreneurial leadership of the company within a framework of prudent and effective controls which enables risk to be assessed And managed. T]he obligation of the Management Board and the Supervisory Board is to ensure the continued existence of the enterprise and its sustainable creation of value in Conformity with the principles of the social market economy. The General Meeting resolves on the Articles of Association, Supervisory Board The Supervisory Board appoints, supervises and advises the members of the Management Board and is directly involved in decisions of fundamental importance The representatives elected by the shareholders and the representative Management Board The Management is responsible for caring out all the duties to manage the organization. They are responsible to make strategy and based on that strategy the organization function such that the proper functions are being maintained and the board also carries out supervisory functions which helps the organization to function in a proper way. The board of directors shall develop procedural rules for corporate governance, supervise and control the application of the same, in line with the provisions of This Resolution and shall be liable for the application. Corporate governance is a set of rules, standards and procedures that aim at achieving corporate discipline in the management of the company in accordance with international standards and approaches through determination of responsibilities and duties of members of boards of directors and the executive management of the company, taking into consideration Protection of shareholders and stakeholders equity. Conclusion In todays world with the growth in the corporate culture it is very important to form a strategy and objective such that it helps the organization to function properly based on those objective or strategy. Shareholder is one of the most important asset for the organization and there are number of objectives and strategies that are being carried out so to protect the interest of the share holder as well as the stakeholders of the organization, who also plays a very important role in the day-to-days operation of the organization References Baumann-Pauly, D., Wicker, C., Spence, L. J., Scherer, A. G. (2013). Organizing corporate social responsibility in small and large firms: Size matters.Journal of Business Ethics,115(4), 693-705. Cappelli, D. M., Moore, A. P., Trzeciak, R. F. (2012).The CERT guide to insider threats: how to prevent, detect, and respond to information technology crimes (Theft, Sabotage, Fraud). Addison-Wesley. Council, F. R. (2012). The UK corporate governance code.London, September. Crane, A., Matten, D. (2016).Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Defraud, R. L., and Gottlieb, M. C. (2012). Record keeping in the cloud: Ethical considerations.Professional Psychology: Research and Practice,43(6), 627. Epstein, M. J., Buhovac, A. R. (2014).Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Barrett-Koehler Publishers. Harris, S. R., Cartwright, E. J., Took, M. E., Holden, M. T., Brown, N. M., Ogilvy-Stuart, A. L., ... and Peacock, S. J. (2013). Whole-genome sequencing for analysis of an outbreak of penicillin-resistant Staphylococcus aurous: a descriptive study.The Lancet infectious diseases,13(2), 130-136. Horn, L. (2012). Corporate internal control measures in crisis? The politics of EU corporate governance regulation.European Law Journal,18(1), 83-107. Jaatun, M. G., Pearson, S., Littler, F., Leones, R., and Niemen, M. (2016). Enhancing accountability in the cloud.International Journal of Information Management. Cerner, H. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Kuntz, J. R. C., Kuntz, J. R., Cerenkov, D., and Nabirukhina, A. (2013). Characterizing ethical cases: A cross-cultural investigation of individual differences, organisational climate, and leadership on ethical decision-making.Journal of Business Ethics,113(2), 317-331. Leipziger, D. (2015).The corporate responsibility code book. Greenleaf Publishing. Pache, A. C., and Santos, F. (2013). Inside the hybrid organization: Selective coupling as a response to competing institutional logics.Academy of Management Journal,56(4), 972-1001. Scott, W. R., and Davis, G. F. (2015).Organizations and organizing: Rational, natural and open systems perspectives. Routledge. Scrimgeour, F., and Duppati, G. (2014). Internal Control Measures the Public Sector: Dimensions; Guidelines and Practice in India and New Zealand.Corporate Ownership Control,11(2), 364-377.

Sunday, November 24, 2019

Free Essays on Visual Arts Paper

Visual Arts Paper Fifth Avenue at Madison Square opened at The Columbus Museum of Art in 1931. It was a gift to the museum from Ferdinand Howald. Though Ferdinand presented this painting as a gift to the museum he wasn’t the artist who painted it. This picture was painted by Theodore Robinson in 1894 two years before his death. This painter only lived forty-four years from 1852 to 1896. Robinson was an American Impressionist who spent most of his life abroad. He studied and trained at various art institutions between the United States and Europe. One of which was when he visited Claude Monet at Giverny. He visited there briefly in 1887 and summered there frequently till 1892. Though Robinson and Monet shared a warm friendship, Robinson takes exception to being a pupil to Monet. A characteristic of Robinson was the he used photographs as a preliminary study. This earned him signal honors for his personal adaptation of impressionism. He earned this honor four years before his death w hen he arrived back in the United States. Thomas Eakins was born in Philadelphia during 1844 and died in 1916 in the home in which he was born. He didn’t receive much recognition for his art work till the final years of his life. Thomas Eakins painted many pictures but the one ill be discussing is the painting called â€Å"The Wrestlers†. This painting was done in 1899 as oil on canvas. This painting too came from a photograph. Eakins got his inspiration from studying abroad. Eakins didn’t have a pleasant experience in Europe and wrote â€Å"If America is to produce great painters, remain in America to peer deeper into the heart of American life.† Though Eakins didn’t have a successful journey in Europe he still managed to become a very well known American painter. This painting was purchased by the museum in 1970 by Derby Fund. Both paintings were painted oil on canvas. In the first painting Fifth Avenue at Madison Square it ... Free Essays on Visual Arts Paper Free Essays on Visual Arts Paper Visual Arts Paper Fifth Avenue at Madison Square opened at The Columbus Museum of Art in 1931. It was a gift to the museum from Ferdinand Howald. Though Ferdinand presented this painting as a gift to the museum he wasn’t the artist who painted it. This picture was painted by Theodore Robinson in 1894 two years before his death. This painter only lived forty-four years from 1852 to 1896. Robinson was an American Impressionist who spent most of his life abroad. He studied and trained at various art institutions between the United States and Europe. One of which was when he visited Claude Monet at Giverny. He visited there briefly in 1887 and summered there frequently till 1892. Though Robinson and Monet shared a warm friendship, Robinson takes exception to being a pupil to Monet. A characteristic of Robinson was the he used photographs as a preliminary study. This earned him signal honors for his personal adaptation of impressionism. He earned this honor four years before his death w hen he arrived back in the United States. Thomas Eakins was born in Philadelphia during 1844 and died in 1916 in the home in which he was born. He didn’t receive much recognition for his art work till the final years of his life. Thomas Eakins painted many pictures but the one ill be discussing is the painting called â€Å"The Wrestlers†. This painting was done in 1899 as oil on canvas. This painting too came from a photograph. Eakins got his inspiration from studying abroad. Eakins didn’t have a pleasant experience in Europe and wrote â€Å"If America is to produce great painters, remain in America to peer deeper into the heart of American life.† Though Eakins didn’t have a successful journey in Europe he still managed to become a very well known American painter. This painting was purchased by the museum in 1970 by Derby Fund. Both paintings were painted oil on canvas. In the first painting Fifth Avenue at Madison Square it ...

Thursday, November 21, 2019

HRD Needs Essay Example | Topics and Well Written Essays - 2000 words

HRD Needs - Essay Example It maintains a state-of-the art website which provides customer interaction on a 24/7 basis. Recently, the organisation has signed a joint venture with a transportation and communication company whose business is also global. The company is still in its infant stage with respect to this new venture. The joint venture is a strategic move by the shareholders and stakeholders who have seen the progress and metamorphosis of the company, from a mere travel agency into a diverse and global organisation. However, the organisation is a consultant firm in terms of travel and tourism. The primary aim and objective of this organisation is to promote international tourism and provide assistance to international tourists, promote tourism in different countries, and guide travelers and tourists to the different tourist and scenic spots, heritage sites and other places of human interest around the world. The organisation has been doing this for the past several decades, and it can be said that they are the leading tourist experts. It has maintained a network of tourist agencies and guides involving individuals, groups and governments worldwide. Its network is unmatched and its database is a collection of years of experience coupled with a management style and organisational governance which have made it a giant in the travel and tourism business. Government leaders and renowned personalities look up to the organisation and usually consult the management in the subject of places and peoples of diverse cultures. 2. Outline: (a) how human resource needs are generally identified and assessed in your organisation; and (b) what HR development opportunities are normally available in your organization. (a) The first that our organization does periodically is to conduct needs assessment. Needs assessment is done every six months, but there are times that managers and key personnel request an immediate needs assessment when situation demands. First, a team is formed to conduct a needs assessment. The team is composed of a manager, who is the team leader appointed by the Board. The members of the team are key personnel and experienced employees of the organization. The needs assessment may last for a few days to a week, and they submit their recommendation to the Board. Needs assessment also answers the questions: What are these changes, and why are there changes inside the organisation? What trigger or motivate these changes that need to be addressed directly by the management? What kind of training is needed, and what kind of training is available? Without the needs assessment, the organisation cannot go on with the other objectives of training and development and other projects or activities for the organisation. The importance of needs assessment to the organisation can be seen in light of the following benefits: a. Needs assessment involves studies and surveys. The collected data and information naturally become a valuable contribution to the organisation and their evaluation and preservation for training, employee development or performance appraisal. b. Needs assessment constitutes a continuous process in the organisation. c. Needs assessment is a coping mechanism for change. d. It provides the organisation a clear view of what is going on, for instance, the problems of employees are known, and

Wednesday, November 20, 2019

Justice process in the USA Essay Example | Topics and Well Written Essays - 1500 words

Justice process in the USA - Essay Example It is a law in the United States of America that the first appearance of the defendant should occur within detention hours; the amount of time varies depending on a specific state. It is during the first hearing that the court will settle on whether the defendant is eligible for release or should post bail in the first step. In case bail is required, the court decides on the amount the defendant is to part with depending on several factors that include:  It is a law in the United States of America that the first appearance of the defendant should occur within detention hours; the amount of time varies depending on a specific state. It is during the first hearing that the court will settle on whether the defendant is eligible for release or should post bail in the first step. In case bail is required, the court decides on the amount the defendant is to part with depending on several factors that include:  Ã¢â‚¬ ¢ Crime severity†¢ Possibility that the defendant may flee†¢ Criminal records that have been in existence in prior court will move to appoint an attorney to stand in for the defendant in the event that the defendant has no counsel.  The following hearing is called the preliminary examination/ hearing. During this hearing, the presiding judge will have a look at the evidence or exhibit availed by the prosecution and decides on a determination whether there are a committed crime and enough evidence available to defend the assertion that the suspect committed the crime. The evidence should be availed to a grand jury; the grand jury issues an indictment or in other terms –a formal accusation- before the procession of the trial.  Upon issuing an indictment by the grand jury or the prosecutor decides to proceed, the court will set a hearing session to establish whether a bail may be set and the cost of the same.  Considering the kind of offense, the defendant can be arraigned in a court of law. An arraignment right may be waived by th e defendant.  

Monday, November 18, 2019

What is a Clausewitzian definition of war Essay

What is a Clausewitzian definition of war - Essay Example To some, it is an act of glory while for others the same activity appears as a gory to them. Carl Philipp von Clausewitz was a soldier from Prussia. He is acknowledged as a great military historian and military theorist. He is mostly famous for his military treatise known by the name of Vom Kriege translated into English as ‘On War’. His theories documented in this book make him the author of one of the most celebrated contemporary theories upon war. Although Clausewitz participated in many wars, yet he always retained his interest in examining military theories and war tactics. Clausewitzian definition of war encapsulated in his famous ‘On War’ is a systematic, careful and philosophical examination of war in all its perspectives of both the way he saw it and he was being taught. On War is considered as the west’s premier document throwing light on the philosophy of the war. His contentions regarding war and the art of ware fare was so detailed and carefully sorted out that he could only finish a part of the treaty at the time of his death. Clausewitz revised the document in the year 1827 and just before his death he added some more thoughts into the portion dealing with counter - insurgency and different forms of war apart from the War Between the States. Clausewitz and Tolstoy both were much influenced by the events of the Napoleonic era. Clausewitz rendered a long intricate definition of war based on his first hand observation and experience that he gathered during the French revolution and Napoleonic era .The definition of war given by Clausewitz does not only throws light on the considerable historical research into the war,. It also reshaped the Clausewitz’s strong interest in art, science and education. Clausewitz defined war as â€Å"nothing but a duel in an extensive scale. If we would conceive as a unit the countless number of duels which make up a war, we shall do so best by supposing to ourselves two wrestlers. Each strives by

Friday, November 15, 2019

Data For A Given Business Problem Marketing Essay

Data For A Given Business Problem Marketing Essay Introduction In this assignment discuss about type of data, a methodology of gathering data from various sources, arranging them according to a system to get useful information which leads to take better decisions. Analysing data and information is very important to take efficient and effective business decisions. This will help the management to understand the industry status, can be a value addition tool and introduce new processors, rules and regulation to increase quality, quantity and productivity. Now a days organisations uses technology to arrange data and to get information according to their requirement. According to the scenario is about Halford group a product, service and expertise provider of motor, bicycle, and great getaway that means a transportation facilitator according to customers requirement. Halford has more than 402 superstores, 34 compact stores, 31 metro compact stores and 261 auto centres across in the United Kingdom and in the Republic of Ireland. They have introduced a Bike hut as a showcase to promote their bike brands. Where they want to increase their customer satisfaction level and need to clarify the feedback of the market about their products. Task 1 Requirement 1: P1.1 Create a plan for the collection of primary and secondary data for a given business problem Data are statistics, details, verses, photographs, charts, images and etc. There are two types of data, such as quantitative data and qualitative data. As per Pawar (2004) quantitative data means where data gathered from surveys, questionnaires, trials and etc. these data are much in number format. Qualitative datas are that has recorded in detail. It is very important to collect both types of data to get a great output. Primary data can be collected by interviews, research, or by observations. But for the given scenario it is important to gather customer feedback therefore interviews are important. The Even Halfords Group can use their site, e-commerce link as a resource to collect data by adding a short questionnaire. Secondary data are records which exist currently. Plan to collect primary data and secondary data for the given situation are, quick questionnaires, informal interviews, telephone surveys, observing the customers, analyse the previous company details, use the web site to get feedback from customers and etc. Figure 1: Data Cycle (Source: http://analyticalconsulting.info/services/) P1.2 Present the survey methodology and sampling frame used Survey methodology is a tool that use to gather data from a specific segment. In this scenario it is important to gather information mainly from cyclists about their requirements, their liking and dis-likings, value additions, knowledge about the product, ideas to improve the invention and etc. The survey question list can be made out of closed questions and open questions. According to Curwin and Slater (2008), surveys can be conducted mainly in two ways, that is interviews and questionnaires. This is also can be done by qualitative assessment or as a quantitative design methodology. On the other hand there are two sampling types, as probability and non probability sampling. Probability and non probability sampling has different techniques of sampling. For example probability sampling has simple random sampling method, cluster sampling, stratified sampling method and systematic sampling method. Where non probability sampling has snowball sample method, quota sampling and judgmental sample method. In this case it is appropriate to use questionnaires containing both open ended and close ended questions. And non probability sampling technique can be use as the sampling frame. Figure 2: Selecting a Sample (Source:http://www-rohan.sdsu.edu/~dfinnega/sw690/RBnotes_ch9_full.htm) P1.3 Design a questionnaire for a given business problem Halfords Product Awareness and Customer Satisfaction Evaluation Survey 2013 Dear Valued Customer, We Halfords group as the leader in cycles retailing market always looking forward to give more that our client expects. We have introduced Bikehut Stores where you can easily reach and access premium bike brands. To enhance more customer oriented service we would like to ask few questions. Many thanks in advance for your precious time taken to fill the below questionnaire. Looking forward to provide better service in future. Best regards, Manager, Halfords Group Name : à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ Address : -à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦. Age :-à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦.. Gender :- Male  £ Female  £ Are you happy to deal with Halfords : Yes  £ No  £ If your answer is no please specify :- à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ Are you aware of the new store chain called Bikehut : Yes  £ No  £ Please range the below from 1 5 (1-Unsatisfied, 2-Good, 3-Very Good, 4-Satisfied, 5-Exceed expectation) Question 1 2 3 4 5 Overall quality of the product  £  £  £  £  £ Overall satisfaction of the product  £  £  £  £  £ Service in the Bikehut  £  £  £  £  £ After sales services  £  £  £  £  £ Compared to other suppliers our product and services  £  £  £  £  £ Do you think the price of this product is reasonable : Yes  £ No  £ If your answer is no, please state why? à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦. Do you recommend our products to another person : Yes  £ No  £ Your ideas are very important to us to provide an extravagantly personalised service and products to you. Please comment : à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ Please use the envelope attached to send your valued ideas. Task 2 Requirement 2: P2.1 Relate information for decision making by summarising data using representative values Total Response is = 225 Product use age according to the gender Male 150 Female 75 Happy to deal with Halfords Yes (217) No (8) Awareness of the Bikehut stores Yes (185) No (40) Overall quality of the product 1-(4) 2-(23) 3-(68) 4-(120) 5-(10) Overall satisfaction of the product 1-(2) 2-(32) 3-(89) 4-(79) 5-(23) Service in the Bikehut 1-(0) 2-(93) 3-(102) 4-(23) 5-(7) After sales services 1-(3) 2-(42) 3-(88) 4-(80) 5-(12) Compared to other suppliers our product and services 1-(0) 2-(17) 3-(107) 4-(75) 5-(26) Price is reasonable Yes (157) No (68) Product recommendations Yes (210) No (15) (1-Unsatisfied, 2-Good, 3-Very Good, 4-Satisfied, 5-Exceed expectation) P2.2 Analyse the results draw valid conclusions in a business context. Total Response is = 225 Product use age according to the gender Male 150 Female 75 Male 66.67% Female 33.33% Happy to deal with Halfords Yes (217) 96.44% No (8) 3.56% Awareness of the Bikehut stores Yes (185) 82.22% No (40) 17.78% Overall quality of the product 1-(4) 1.78% 2-(23) 10.22% 3-(68) 30.22% 4-(120) 53.33% 5-(10) 4.44% Overall satisfaction of the product 1-(2) 0.89% 2-(32) 14.22% 3-(89) 39.56% 4-(79) 35.11% 5-(23) 10.22% Service in the Bikehut 1-(0) 0% 2-(93) 41.33% 3-(102) 45.33% 4-(23) 10.22% 5-(7) 3.11% After sales services 1-(3) 1.33% 2-(42) 18.67% 3-(88) 39.11% 4-(80) 35.56% 5-(12) 5.33% Compared to other suppliers our product and services 1-(0) 0% 2-(17) 7.56% 3-(107) 47.56% 4-(75) 33.33% 5-(26) 11.56% Price is reasonable Yes (157) 69.78% No (68) 30.22% Product recommendations Yes (210) 93.33% No (15) 6.67% (1-Unsatisfied, 2-Good, 3-Very Good, 4-Satisfied, 5-Exceed expectation) The customer base is at 66.67% of males and 33.33% female. The company should look forward to encourage more females to use the product. When advertising focus to touch famine market too. 96.44% customers are happy to deal with the establishment, 82.22% customer base is aware of the new store chain. 98% of customers are satisfied about the product quality, where 99% are overall satisfied about the product. 100% customers are happy about the service provided at Bikehut. 97% of customers are delighted about after sales services. 70% of clients say that the product price is reasonable. 93.33% of customers will help to bring business by recommending the product to others. This is a free advertising for the company. When considering the overall information the company is performing well. Customers are satisfied with the establishment and as well as the product and the service. P2.3 Analyse data using measures of dispersion into inform a given business scenario. As per the deliberation by Francis (2008), measures of dispersion means when scattering data how the statistics are comparable individually. There are three ways to measure dispersion, namely as the range, the semi interquartile range (SIR) and variance / standard deviation.In range dispersion uses the lowest value and the highest value in the given data set and the difference is taken as ranges. 1 2 3 4 5 Overall quality of the product 4 1.78% 23 10.22% 68 30.22% 120 53.33% 10 4.44% Overall satisfaction of the product 2 0.89% 32 14.22% 89 39.56% 79 35.11% 23 10.22% Service in the Bikehut 0 0.00% 93 41.33% 102 45.33% 23 10.22% 7 3.11% After sales services 3 1.33% 42 18.67% 88 39.11% 80 35.56% 12 5.33% Compared to other suppliers our product and services 0 0.00% 17 7.56% 107 47.56% 75 33.33% 26 11.56% Question Highest Value Lowest Value The Range Overall quality of the product 120 4 116 Overall satisfaction of the product 89 2 87 Service in the Bikehut 102 0 102 After sales services 88 3 85 Compared to other suppliers our product and services 107 0 107 Semi interquartile range (SIR) = (Q3-Q1) /2 Q3 Q1 Q3-Q1 (Q3-Q1)/2 Overall quality of the product 68 4 64 32 Overall satisfaction of the product 89 2 87 43.5 Service in the Bikehut 102 0 102 51 After sales services 88 3 85 42.5 Compared to other suppliers our product and services 107 0 107 53.5 Standard Deviation 1 2 3 4 5 Std. Div. Overall quality of the product 4 23 68 120 10 49 Overall satisfaction of the product 2 32 89 79 23 37 Service in the Bikehut 0 93 102 23 7 49 After sales services 3 42 88 80 12 39 Compared to other suppliers our product and services 0 17 107 75 26 44 P2.4 Explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in a business context. According to Anderson et al (2012), quartile use to separate data in two quarters. Percentiles are where the observed data are similar or larger than the percentile figure. The correlation coefficient is the tool that uses to interpret the linear relationship between two variables. M1. Apply quartiles, percentiles and the correlation coefficient in your data set. 1 2 3 4 5 Overall quality of the product 4 23 68 120 10 Overall satisfaction of the product 2 32 89 79 23 Service in the Bikehut 0 93 102 23 7 After sales services 3 42 88 80 12 Compared to other suppliers our product and services 0 17 107 75 26 QUARTILE 0 1 2 3 4 4 10 23 68 120 2 23 32 79 89 0 7 23 93 102 3 12 42 80 88 0 17 26 75 107 Correlation coefficient Overall quality of the product 4 23 68 120 10 Overall satisfaction of the product 2 32 89 79 23 87% Service in the Bikehut 0 93 102 23 7 After sales services 3 42 88 80 12 62% Overall quality of the product 4 23 68 120 10 Compared to other suppliers our product and services 0 17 107 75 26 78% Task 3 Requirement 3: P3.1 Produce graphs using spread-sheets and draw valid conclusions based on the information derived Main customer sector can be identified from the above chart. This graph will indicate the satisfaction level of customers. This graph shows the correlations of the overall product and quality satisfaction. P3.2 Create trend lines in spread-sheet graphs to assist in forecasting for specified business information The customers are highly satisfied about the overall quality of the product but it is important to improve product satisfaction and after sales services. Quartile forcast. Almost every purchaser likes to deal with the company. More than 50% of the clients agrees that the product price is reasonable. Therefore no need to do price change. Has to advertise more about Bikehut for customer awareness. M2 Critically analyse the findings in 3.4 P3.3 Prepare a business presentation using suitable software and techniques to disseminate information effectively P3_3- Halfords Group.pptx P3.4 Produce a formal business report, M3 Present and communicate the results in 3.4 Subject : The customer satisfaction and Bikehut awareness survey To : The Management From : The Market Research Team Date : 12th March 2013 This is about the awareness and a satisfaction survey about our products and services. In addition to that verify the new outlet chain status. As per the management request our team conducted a questionnaire survey and interview to collect the required data. We have got 225 feedback forms from customers. According to the collected data after sampling and analysing them, we recognise that the males are using our product greater than the females. Overall the customers are happy to deal with our establishment. 185 customers out of 225 were aware about the Bikehut store. 70% of clients are pleased with our product prices. As per the information our products quality and services satisfies customers where the company has built a very good reputation. Therefore we have a 93% of word of mouth promotion via the satisfied customers. Conferring as per the data gathered the organisation performs incredibly well than the industry competitors. We recommend that the after sales service should improve. Most of the feedback has rated very well, but the organisational goal should be to give an extravagantly personalised service to get more rates on exceeding expectation. The customer service manager is responsible to introduce customer oriented training. It is the human resource managers duty to implement appreciation programme and reward the employees as a motivation factor. Production has to innovate appropriate cycle designs for females. Advertising team should attract feminine market and promote Bikehut stores as well as Halfords products Task 4 Requirement 4: P4.1 Use appropriate information processing tools As interpreted by Bajic and Wee (2005), information processing tools are the processors and tangible and non tangible equipment that use to arrange data, such as database, servers, computers, transmitters, ATMs as well as softwares, methodologies, internet, networks, websites and etc. By using the correct methods and equipment the organisation can be benefited. The output will be accurate to take effective and efficient decisions. In an organisation, budgets, project plans, cash flow statements, investment appraisals are used as information tools. Figure 2: Data Processing Tools (Source: http://www.lbl.gov/Science-Articles/Archive/SB-EETD-tuning-buildings.html) P4.2 Prepare a project plan for an activity and determine the critical path P4.3 Use financial tools for decision making. To evaluate a project in the main financial tool which use as a decision making technique is calculated net present value (NPV) and internal rate of return (IRR). Organisation invests in projects expecting an upright return in long time span. By using NPV the management can decide the surplus or the shortage of the cash flow. IRR calculation mainly considers about the discount rate only. The discount rate may change over the time period. Therefore the IRR rate will also change accordingly. Using the internal rate of return is not rational to evaluate a project. Discount Rate 12% Period Sum 0 (50,000.00) 1 12,000.00 2 15,000.00 3 15,000.00 4 18,000.00 5 10,000.00 NPV 462.49 IRR 12.371% D1 Explain the results of NPV and IRR Since this has a positive NPV, it is worth to invest in this project. It will recover the initial investment and can earn a better return. Net present value is the difference that occurs when evaluating the project market value and its cost. In addition to the NPV the internal rate of return (IRR) is 12.37%. When the internal rate of return is higher than the discount percentage then it will indicate a continuation of the project. Though investors calculate net present value and internal rate of return, they mainly consider on the net present value. D2 Use Critical reflection to evaluate and justify your overall valid conclusion Conclusion

Wednesday, November 13, 2019

The Different Fields in the Business World Essay -- Business Managemen

The Different Fields in the Business World There are many different fields in the business world. Business Management is the largest field in the corporate world. It takes responsibility, skill and determination to form a successful business of any type. There are numerous areas within a business that need the skills of management. Control of expenses, payroll, time management, and to initially raise capital to start a business all are areas in which management has to play an important role. Any businesses main objective is to gain a profit. A profit is the amount of money a business earns after all of it debts are paid. The field of management is essential to organize the business in such a way that a profit is made. The business start up is the most important piece of a long puzzle to establish a successful business. An entrepreneur is an individual or group of individuals who desire to open their own business. An entrepreneur needs to gain "smart" money to start his business. "Smart" money is simply capital, and a business needs a lot of it to survive. Today one in ten businesses survive for more than a year. It is hard to start up a successful business today and even harder to maintain a successful business status. An entrepreneur will raise capital through numerous ways. He can look for investors that wish to gain a small silent partnership in the business, loans can be taken from a bank and one of the most common types of capital comes from the stock market. A business owner will take his company public on the stock exchange in order to raise money. While money is being raised, the owner has to determine a ballpark figure on how much he will need to run this business. Today it is said y ou should have sufficient capital to be able to support your business for two years without returning a profit. After the initial start up is complete then skill and determination is needed to keep the business going. Cost is the area within a business where profit is made. Cost is the amount of money, which is spent to produce the tangible and or intangible goods or services of your business. These costs affect the price of the product and or service that you are selling. One type of cost is called fixed cost. This type of cost is the expense of a business that does not change and are always constant in a business. When money is made, debts are the firs... ...he business. Time is equal to money because there are only a certain amount of hours in each business day for a business to produce all of its revenue. When time is wasted, the amount of gross income can be greatly reduced. One way this can be explained is through the employee waste of time. An example of this would be ten employees taking an additional ten minutes each at lunch, which equals one hour and forty minutes per day. Based on a five-day week of work, this equals to a total loss of eight hours and twenty minutes. If the average employee was estimated to produce a hundred and twenty dollars per hour, that would equal to a total loss of more than fifty thousand dollars for the year. This proves that what employees believe is just a few extra minutes can in turn dramatically change a businesses net profit from one extreme to the other. Business Management is a very dedicated and appreciated job position. The manager needs to have all eyes open and make sure that the business is running smoothly so that there are no defects in the way the business is being run which could eventually lead to a decrease in the amount of profit in which that business is making each year.

Sunday, November 10, 2019

Self critque

The research I used was mostly from personal experience with my daughter's condition as well as information I researched online. I feel Like I used a lot of Information and my classmates got a lot from It also. 2. Organization: I attempted to keep my presentation organized In a way that I could convey my speech both In a emotional and Informative way. I used somewhat of a chronological order when It came to explaining the events In my daughter's life but I do feel that I caked a bit In organization. . Introduction: The attention getter I used was Just me talking about why each one of us was taking the time to talk about something were passionate about and how my choice was a bit different than many others my age. I believe it was effective in setting the tone for the presentation. I did present the main points of speech but it wasn't until after I introduced the subject. 4. Body: I feel I presented the information in a logical way and was able to keep everything together with the the sis.Since the topic of my speech/presentation was about my daughter, my original fear was to lose track into another subject since I felt I could talk forever about her. I did narrow it down to the main points keeping everything relevant to the thesis. 5. Conclusion: I closed my presentation with the title of my speech which was, â€Å"A little light shines a long way†. I felt it conveyed an important message of never giving up and persevering in life, which is relatable in many situations to many people.I ended my speech with short video and my final words to review what was said during the entire speech, so it was clear that my presentation was over. 6. Transitions: I used transitions mostly when I was transitioning between ideas during my speech. I tried to firstly start with the idea of the subject and then introduce It completely. Although I did feel my transitions were a bit rough, it is something I need to work on. 7. Visual Ad: I worked very hard on my visual aid and felt that It helped convey my speech tenfold!I think I would use the same method of presenting any other speech because I felt hat using a Powering presentation Is one of the best ways of visually showing your audience what you want to talk about. 8. Telling: When It came to timing, I wanted everything to sound natural and sincere so I TLD want to rush. Having used this method, I believe I went over my time Limit, which will be something I will have to work on. 9. Delivery: Initially I was very nervous, so I started speaking very quickly, but as I progressed along, my speed slowed down because I became comfortable with my audience.I audience, which in the end helped a lot. 0. Practice: I rehearsed my presentation several times with my family and classmate Carmen. I feel like getting their feedback helped a lot with condensing UN-useful information, as well as adding better and necessary points to my speech that I had not noticed or already had.

Friday, November 8, 2019

Free Essays on Auditing

The topic I will be discussing tonight is management’s assertions about the financial statements representing their company. According to the textbook these assertions can be divided into to five broad categories. These categories are existence or occurrence, completeness, rights and obligations, valuation or allocation, and presentation and disclosure. An auditor’s develops objectives, which vary from one engagement to another, depending on the entity’s business and the accounting practices distinctive to its industry. In the existence or occurrence assertion, management asserts that all recorded assets, liabilities, and equities disclosed in the financial statements actually existed at the balance sheet date. Management also asserts that all recorded transactions occurred during the period ending on the balance sheet date. The auditor’s objective is to test whether the assertions made by management are appropriate. For example, when auditing inventory an auditor’s objective is to determine if the inventory existed at the balance sheet date, if the recorded inventory purchases in fact occurred, and if sales transactions in the income statement represent the exchange of goods or services for cash or other consideration. This can be tested by observing the client’s physical count of inventory, confirming the off-premises inventory with public warehouses, and by using inventory cutoff tests to be sure purchases and sales are recorded in the correct accounting period. In the completeness assertion, management asserts that all transactions occurred during the period were recorded. This assertion is the most challenging for the auditor because he or she must discover any transactions that were not recorded but should have been and vise versa. For example, when auditing inventory the auditor will use the same tests used in the existence assertion. The auditor will observe physical inventory, confirm off-premises invento... Free Essays on Auditing Free Essays on Auditing The topic I will be discussing tonight is management’s assertions about the financial statements representing their company. According to the textbook these assertions can be divided into to five broad categories. These categories are existence or occurrence, completeness, rights and obligations, valuation or allocation, and presentation and disclosure. An auditor’s develops objectives, which vary from one engagement to another, depending on the entity’s business and the accounting practices distinctive to its industry. In the existence or occurrence assertion, management asserts that all recorded assets, liabilities, and equities disclosed in the financial statements actually existed at the balance sheet date. Management also asserts that all recorded transactions occurred during the period ending on the balance sheet date. The auditor’s objective is to test whether the assertions made by management are appropriate. For example, when auditing inventory an auditor’s objective is to determine if the inventory existed at the balance sheet date, if the recorded inventory purchases in fact occurred, and if sales transactions in the income statement represent the exchange of goods or services for cash or other consideration. This can be tested by observing the client’s physical count of inventory, confirming the off-premises inventory with public warehouses, and by using inventory cutoff tests to be sure purchases and sales are recorded in the correct accounting period. In the completeness assertion, management asserts that all transactions occurred during the period were recorded. This assertion is the most challenging for the auditor because he or she must discover any transactions that were not recorded but should have been and vise versa. For example, when auditing inventory the auditor will use the same tests used in the existence assertion. The auditor will observe physical inventory, confirm off-premises invento... Free Essays on Auditing In order to fully comprehend what is meant by internal control we must look at the definition as stated in the COSO report. It is defined as, â€Å"a process, effected by an entity’s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following three categories: reliability of financial reporting; effectiveness and efficiency of operations; compliance with applicable laws and regulations.† An important aspect of internal control to keep in mind is it’s reliance on people. No matter how much control a company implements, there will always be humans involved at some step of the way and therefore a chance for error and/or fraud. It is important to remember that these controls can only provide reasonable assurance, not absolute assurance, regarding the achievements of a company’s objectives. Internal control consists of control activities. These activities include: performance reviews, segregation of duties, physical controls, and information processing controls. It is the responsibility of management to implement these activities effectively, and also to review the results so improvements or adjustments can be made. The auditor’s responsibility is to assess the level of risk connected to each control. After assessing the risks involved, tests must be performed to evaluate the effectiveness of the control in question. Some tests are more costly to run than the benefits that will be received. It is the job of the auditors to weigh the costs and benefits of performing each test and then determine which ones are to be carried out, and which will be scrapped. The controls discussed so far focus on management’s internal control over its employees. But in a retail store, employees are not the only ones with access to product, and therefore are not the only ones capable of influencing the financial statements. Management in the reta...

Wednesday, November 6, 2019

objective force warrior essays

objective force warrior essays What is Objective Force Warrior? OFW (Objective Force Warrior) is an attempt to integrate all of a soldiers capabilities into one system of systems. It must be backward compatible with the militarys existing technologies. This system incorporates advanced individual weapons, ultra-lightweight, low bulk, and multifunctional materials, within a full Spectrum Protective Combat Ensemble. It will have advanced sensors and communications. It must maintain a high degree of mobility while sustaining itself for up to 72 hours. The OFW system, scheduled for fielding in 2008, completely integrates these electronic capabilities. Degay explained that soldiers will never again have to wear cumbersome night-vision, infrared goggles, or heavy laser training components on their helmets (Degay, Interview). These and other features such as thermal sensors, day- night video cameras, and chemical and biological sensors are fully integrated within the helmet. It also includes a visor that can act as a "heads-up display monitor"(Degay, Interview) equivalent to two 17-inch computer monitors in front of the soldier's eyes. Being able to view a heads-up display, instead of pulling out map and flashlights, allow you to get a sense of where you are without having to cease your movement. This can be very beneficial. At first, it may be very strenuous on the eyes to be constantly looking at two tiny computer monitors while on the battlefield. However, after using some of the prototype systems, you realize that it is not very cumbersome, because you are not constantly staring at the information on the screens. In the final product, monitors can be turned off when not in use or the heads up display can be placed in the up position, away from the eye completely. The uniform system is a multi-function garment working from the inside out. It incorporates physiological sensors that allow the soldier, the chain of comman...

Monday, November 4, 2019

LOG503 MOD 5 SLP Essay Example | Topics and Well Written Essays - 1000 words

LOG503 MOD 5 SLP - Essay Example Logistics Structure of Frito Lay The logistics process of Frito- Lay is carried out in six geographical zones and is quite complex in nature. The channel of distribution is quite an essential element for the organization. It has been observed that in the logistic department Frito-Lay engages women and minorities which facilitates in development and growth of the organization. A Supplier Diversity Program was established in 1983 in order to supply better quality of products and services through diverse suppliers at competitive prices. The program has permitted the organization to maintain proactivity through the development of communities in economic sphere. This comprehensive strategy enables the organization to integrate the operations with supply chain department for assisting suppliers and distributors to handle and deliver products within a stipulated time period. With the incorporation of women and minority groups in business activities, effective productivity can be ensured lea ding to greater sales and profitability. It enables the organization to gain competitive advantage in order to propagate effective results in business. Minority groups as well as women assist in building grater supplier base for smooth functioning of product deliverance in wider markets nationally as well as globally. Effective supply chain stimulates organizational effectiveness and enhances sales through efficient logistics systems. The Supplier Diversity Program is enabling to maintain effective supply chain activities and it also helps Woman Owned Business Enterprises (MWBEs) in various divisions of PepsiCo (Frito-Lay North America, 2013). Furthermore, in terms of the other crucial components in the logistics structure of Frito-Lays, it can be recognized that it follows an incorporated outbound supply chain based activities. It aims to optimize the transportation as well as inventory decisions. Moreover, there are a number of distribution centers of the company on a global basis which provide required amount of products to the retail outlets on time. Through the process of supply chain optimization, key performance indicators in the logistics process of the company are looked after by a number of teams. It facilitates to reduce the amount of travel required by vehicles to reach out to their desired destinations. Superior technologies are used within the process of implementing best practices in the logistics related activities. Strategic sequencing technique is used streamline the sales which facilitates to reduce travel distance (Transport Canada, 2010). Improving the Logistics Process of Frito Lay It has been recognized that Frito- Lay’s logistics activities consist of outbound activities in the supply chain management that stimulate the transportation and inventory decisions. The logistic processes also include the delivery of products through trucks in an efficient manner. The organization possesses efficient information technology process throu gh which the shipment of products, availability of raw materials and the level of inventory are effectively handled at any point of time. With relation to the learning obtained during the course, it can be recognized that despite having efficient informa