Thursday, August 27, 2020

How can retail banks in UK restore customer confidence and improve Dissertation

In what capacity can retail banks in UK reestablish client certainty and improve consumer loyalty after the money related cri - Dissertation Example activity and client certainty. It assembles the numerous determinants of such issues dependent on a few reviews including around 10,000 respondents made of for the most part clients of banks or family units, some bank Branch Managers, and some bank representatives. What will give an approach to improve consumer loyalty and client certainty must be the inventive activity of all the UK Retail Banks. Since, it has been recouping from the financial emergency (as far as productivity) while its clients despise the aftereffects of that recuperation, the UK Retail Banks ought to distinguish the particular needs of clients, agree to FSA guidelines, and offer clients an approach to be a piece of the monetary recuperation. That is beside doing their administrations appropriately. All things considered, it was found that the clients were not the reason for decrease in the monetary factors. Hypotheses and absence of information concerning the dangers engaged with the Capital Market were seen as t he main driver of the latest downturn. Lamentably, it gave the idea that the clients were the individuals censured for the monetary decrease, while the banks that guessed were rescued by government reserves. Credit turned out to be elusive for clients of banks. Terms and conditions got hard to acknowledge. Presently the banks are recouping while the overall population are as yet attempting to be dealt with decently by the banks. Step by step instructions to resuscitate consumer loyalty can be replied by the arrangement of the required items and administrations for clients who need them so as to develop or be restored financially. There are numerous determinants of consumer loyalty. Every one of them point to a certain something. Be worried about the peoples’ needs and gracefully their requirements appropriately. Part I Introduction In request to restore the UK economy during the downturn time frame in 2008, the Bank of England executed Quantitative Easing for its money relate d arrangement powerful 2009. In the period of March 2009, ?75 billion was added to the cash flexibly when BoE printed money to buy Gilts (government securities). This was trailed by ?50 billion in May 2009; another ?50 billion in August 2009; and the last ?23 billion in November 2009. These sums were foreseen to arrive at the families in the end with the goal that the customer spending would increment and the market should be resuscitated. (BoE, 2009) Unfortunately, the cash stalled out in the banks (Inmam, P. 2011). The annexed Figure 1 shows how the speed of move from banks to the organizations, SMEs, and family units ended up being exceptionally moderate. When BoE explored for the motivation behind why, it was accounted for that the banks needed to modify its liquidity first with the aggregate of ?200 billion discharged.

Saturday, August 22, 2020

Green Mountain Coffee Roasters free essay sample

Roasters uncovers the accompanying : 1. 1 Strengths I. Item Consistency By using best in class cooking programming, GMCR is in this way ready to keep up their degree of item consistency, ii. One of a kind Products Its key achievement is in separating its espressos. The espresso beans have been painstakingly chosen and afterward broiling them in little groups to guarantee consistency and to amplify their taste and flavor contrasts. This one of the motivation behind why are the Green Mountain espressos not the same as those of other claim to fame espresso organizations. Then again, Keurig additionally gives Green Mountain access to the workplace and one-cup portion. iii. High Distribution GMCR flushes nitrogen into its bundled espresso and utilize single direction esteem sack bundling innovation that gives a base time span of usability of a half year for the organization espresso as client can hold the newness of the espresso in the bundle. This thusly, permits GMCR to extend it’s dissemination, with no stresses over undermined quality. We will compose a custom paper test on Green Mountain Coffee Roasters or then again any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page v. Socially Responsible Business Practices GMCR is a supporter of social and ecological causes, and being recorded in the â€Å"100 Best Corporate Citizens† and â€Å"The World’s Most Socially Responsible Companies† records. This goes about as a little something extra to the company’s viewpoint and notoriety. v. Generally Available GMCR’s items are broadly accessible in the market. By focusing on different appropriation channels and client classifications, GMCR is sure that customer preliminary at one purpose of the dissemination level will prompt an ensuing buy at another. vi. Leads Lead clients, for example, Amtrack, Exxon-Mobile, JetBlue Airways and American Skiing Company are vital to the company’s geographic development system as they give perceivability and testing openings 1. 2 Weaknesses I. Single Product Line GMCR manages strength espresso exclusively, placing it at a genuine burden in haggling with market chains for good rack space. ii. Own Distribution and Sales Force GMCR depended on its own circulation and deals powers to grow the Green Mountain brand in the staple channel. 1. 3 Opportunities I. Expanded utilization Increased espresso utilization in Europe, Asia and Brazil has recently extended GMCR’s dissemination openings. By focusing on and affecting a greater amount of the previously mentioned countries’ espresso consumers, GMCR can want to impact a large portion of the shoppers before its opponents do as such. ii. Claim to fame Coffee Market Gourmet, forte espresso is the bread-and-butter of GMCR’s foundation. A developing increment in customers looking for strength espresso will mean more splendid possibilities for GMCR. iii. Keurig Acquisition Green Mountain procured 42 percent proprietorship in Keurig Inc. The intrigue of the Keurig K-cup impeccably fermenting only one mug of espresso from an assortment of espresso determinations has added to GMCR accomplishment in the workplace espresso administrations. 1. 4 Threats I. Lessening in espresso utilization The U. S espresso showcase now just records for 20% of world espresso utilization, contrasted with the 80% during World War II. The espresso advertise is currently proceeding onward to Europe, Asia (especially Japan). ii. Business espresso roasters There is higher rivalry as significant organizations try to enter the claim to fame espresso industry. Such names incorporate however are not restricted to : Phillip Morris’ Gevalia, Procter Gamble’s Millstone and Nescafe. The significant espresso advertisers make a major push to make their superior espresso brands predominant in the discount channel. iii. Starbucks Partnerships Starbucks, seen as quite a while contender to GMCR, after going into a long haul authorizing with Kraft, will hope to create additional business 20-40 pounds of espresso for each store every week. This is viewed as a danger to GMCR, which has a normal deals of 100 pounds of espresso for each store every week. Starbucks, which has dissemination concurrence with Kraft nourishments Inc. plans to put their espresso in general stores alongside Kraft Maxwell House brands. Kraft deals with all conveyance, showcasing, publicizing and advancement for Starbuck espresso in basic food item, distribution center club and mass product store. It highlighted particular, rich bundling, noticeable situations in basic food item paths and a similar premium quality as that sold in its stores. Starbucks is additionally cooperating with Dreyer’s for marked frozen yogurt, and Pepsi to disperse packaged Frappuccino. Starbucks become the espresso provider to 20 million travelers who fly United Airlines every year and mail-request deals division represented about 2 percent of complete income. iv. Seattle Coffee Company Acquisition Starbucks procurement of Seattle Coffee Company in the forward quarter of financial 2003 and expanded distribution center club income because of development in existing record. The expansion was essentially inferable from the development of the food administration business as a consequences of the procurement of Seattle Coffee Company and the development in new and existing Starbucks food administration accounts. To finish up Green Mountain’s SWOT investigation, its asset qualities are restricted, and the organization is a so a lot littler contrasted with the remainder of the significant espresso advertisers, as Starbucks. Notwithstanding, it is cutting out a market specialty for itself and has made an honorable showing of making sure about discount accounts. 2. QUESTION TWO In your investigation of the organization’s qualities, make certain to recognize the firm’s Core Competencies utilizing the Value Chain. M. Porter’s esteem chain is as per the following : Source : UK Education, Accounting For Strategic Management According to M. Porter’s esteem chain, we have broke down and indentified the firm’s center skills as follows : 2. 1 Technology Development Nitrogen-based single direction valve bundling permits GMCR to build the timeframe of realistic usability of it’s espresso, hence prompting a higher Convection air roasters joined with explicit simmering programs for each bean type permits GMCR to make â€Å"signature† espressos, itself from other espresso organizations. 2. 2 Inbound Logistics GMCR get their espresso beans from Mexico, Guatemala, Peru, Indonesia and other espresso developing nations. This takes into account a wide assortment of espressos be made. By getting its assets for various areas, GMCR is at lower danger of being influenced by deficiencies. 2. 3 Marketing and Sales GMCR has more than 100 assortments of completed espresso items, which takes into account shopper taste and inclination, in the claim to fame espresso area, the market specialty which it has distinguished. Organization with Wild Oats and Costco takes into consideration more prominent entrance into the discount and market channels. The Keurig K-cup possession by GMCR has massively expanded business possibilities for GMCR. With the priority of web based shopping, comparatively, espresso is set to follow, as an ever increasing number of customers are beginning to mix their own espresso from the solace of their own home or office. 2. 4 Services According to Wikipedia (16 JUL 2007), GMCR has additionally propelled conveyance administrations to oblige customers. Bistro EXPRESS is Green Mountain’s programmed conveyance espresso club that remunerates their end shoppers with limits, unconditional presents, and unique advantages and benefits that lone Cafe EXPRESS participation brings. Other than espresso beans, Green Mountain likewise offers brewer and accomplices to the end shoppers out there. Subsequently shoppers can get all the vital hardware inside one stop. 3. QUESTION THREE Identify and assess the procedures that the association has sought after to keep up its development and initiative position. GMCR has received a separation technique, in this manner making notoriety and brand picture. Since the time GMCR entered the claim to fame espresso advertise in 1981, it has made more than 100 varities of completed espresso items, and with the utilization of innovation to improve consistency and quality, edged over its rivals. Green Mountain’s system has a few key components: A key segment of management’s development technique was to make Green Mountain espressos advantageous and accessible for customer preliminary by the cup at accommodation stores, office espresso administrations, and food administration foundations, in this manner prodding deals of green Mountain espressos grocery stores and claim to fame food stores. Green Mountain has a wide choice of top notch espressos. There are around 90 assortments. Green Mountain’s espresso items included single starting point, home, affirmed natural, Fair Trade, seasoned, and restrictive mixes of espresso sold under the Green Mountain Coffee Roasters and Newman’s Own Organics brands. Green Mountain likewise accentuation on 2 dissemination channels which are; I. Inventory deals To advance index deals, Green Mountain concentrated sales on list clients who purchased consistently, particularly individuals from the company’s â€Å"Coffee Club† who had tweaked standing requests for programmed re-shipment. As of late, the organization had started seeking after approaches to expand traffic on its site both to fabricate brand mindfulness across the country and lift direct deals to customers where the organization had a constrained nearness in markets and strength food stores. ii. Discount accounts Supermarkets, claim to fame food stores, comfort stores, lodgings, cafés, colleges, travel and office espresso administration clients, and food administration organizations. Significant discount clients incorporated the American Skiing Company elevated retreats, Amtrak, ARAMARK, ExxonMobil Convenience stores (right around 2,000 areas), Fred Meyer Stores, Hannaford Bros. Grocery stores, Kash N’ Karry Food Stores, Kings Super Markets, Nestle Waters of North America, Price Chopper, Shaws Supermarkets, Sodexho and Wild Oatsâ€see Exhibit 6. Obtaining extra â€Å"flagship† clients was seen as key to the company’s geographi

Friday, August 21, 2020

Get Better Grades Using Social Media [INFOGRAPHIC]

Get Better Grades Using Social Media [INFOGRAPHIC] Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!Get Better Grades Using Social Media [INFOGRAPHIC]Updated On 23/04/2017Author : Pradeep KumarTopic : Infographic Social MediaShort URL : http://bit.ly/2ozmQDd CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogThere is always been a debate, like which is better, doing things online or doing things offline. But when it comes to Education, being online has its own benefits. As we can see Internet is Revolutionizing Education, yep, in high scale.Social Media can promote active learning by helping students relate to course material to their own experiences in and out of the class room. Earlier we discussed whether Twitter is hurting your grades or not and now we have another interesting infographic which says we can get better grades using Social Media.Infographic By MastersinEducation.orgWhats your opinion about this? Do you really think Internet and Social Media can create positive aware ness among Students?READ11 Laws To Promote Your Business On Social Media

Wednesday, May 6, 2020

What Was The Mission Of Martinus - 944 Words

4. What was the ‘MISSION of Martinus’? †¢ Undoubtedly, THE PRIME MISSION of MARTINUS’ WAS and IS â€Å"TO MAKE PEOPLE TO LOVE EACH OTHER†! He has seen LOVE as Cosmic Perpetua Mobile and was providing the solutions for love transformation into THE HABITUAL ABILITY or Automatic Consciousness -TO DO WHAT IS THE MOST LOVING THINGS TO DO IN ANY GIVEN SITUATION. â€Å"Love alone constitutes the distinctive mark of divine affinity and all-pervading love results in general mental co-habitation, harmony between intelligence emotion – perfect satisfaction of our greatest desires and the pinnacles of bliss state in physical sphere of existence.† (Quotes from book #45, ‘ON THE BIRTH OF MY MISSION’, chapter #6) †¢ After the age of thirty and the unequalled experience of Powerful Transformation of Consciousness, Martinus entirely and unequivocally devoted his time to the job of conveying the Absolute Truth to the world of terrestrial humans on the following: the inner Structure Life, their own Immortality, the Eternal and Infinite Universe, and the Eternal Cosmic Laws that Govern Maintain Life by making an utterly abstract content GRASPABLE, APPREHENSIBLE, and generally INTELLIGIBLE to the advanced human minds. †¢ Pursuing this further, one can find the purpose of Martinus nine thousand pages of Cosmic Abundant Wealth in ATTAINING THE INNER HARMONY BY LIVING IN HARMONY WITH THE REST OF THE UNIVERSE, to create THE NEW COSMIC MENTALITY in TOTAL COMPLIANCE WITH THE COSMIC LAWS consequently THEShow MoreRelatedWhat Was The Martinus Mission?883 Words   |  4 Pages 4. 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What Is Metaphysical? ‘Metaphysical is Something Highly Abstract and/or Overly Theoretical†¦hard or impossible to observe by own senses. †¢ Strictly, both definitions ARE FALSE, because of dealing with ‘Origin of The Universe’. †¢ ‘Cosmos’ inRead MoreThe Explanation Of Big Water Puzzle1577 Words   |  7 Pages53. What is The Explanation of BIG WATER Puzzle? †¢ In both Greek and Chinese philosophy ‘Water’ was considered as one of four ‘basic Substances of the Universe, as they formulated, besides fire, Earth, and air. However, there is no trace of evidence of any successful ‘penetration’ into ‘Water’ ‘Life Structure’- No Insights. †¢ Further, the review of scientific magazines and popular encyclopedia texts on ‘Water’ confirms ‘the mystery’. Besides, general closely paraphrased statement that water isRead MoreSojourner Truth: A Woman of Courage1208 Words   |  5 Pageshero to blacks, slaves, and women. 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These events have been the main source that has generated a population of objects larger than 1cm on the order of 70000 to 150000. Efforts to provide a definitive assessmentRead MoreInternational Business Essay3115 Words   |  13 PagesInternational Labour Organization (ILO). I will discuss a summary of the organization mission and objective, internationalization process of ILO’s successfulness that help in some countries and its impacts on international context. Finally concluding the experience learned from the organization and an understanding of the organizational phenomena as a whole. Overview, Mission amp; Objective ILOs mission was set by its Director-General (ILO 2012), To promote opportunities for women and men toRead MoreTorpey 1998 State Monopolization Of Legitimate Means Of Movement12377 Words   |  50 Pagescapitalistdevelopmentinvolved the expropriationof the means of productionfrom workers by capitalists. The result of this process was that workers were deprived of the capacity to produce on their own and became dependent upon wages from the owners of the means of production for their survival. Borrowing this rhetoric,Marx s greatest heir and critic, Max Weber,arguedthat a central feature of the modernexperience was the successful expropriationof the means of violence from individualsby the state. In the modernworld,Read MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesdot.com. Formula One – developing the capabilities for competitive success in a hi-tech industry. Manchester United – clash of expectations in the football world. Salvation Army – strategic challenges for a global not-for-profit organisation with a mission. Bayer MS – corporate social responsibility in the international development of a German company. Eurotunnel – clash of cultures threatens to derail Anglo–French rail link. 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Tuesday, May 5, 2020

Auditing Business Enterprise for Concern

Question: Describe about the Auditing of Business Enterprise for Concern. Answer: Assessment of Business Risk and Inherent Risk 1 (a) Business Risk of HIH Insurance Limited As rightly put forward by Leung et al. (2015), it is imperative to assess the business risk related to the operations of HIH Insurance Limited. Business risk refers to different factors that can act as a hindrance in the process of achievement of the organizational goals as well as objectives. Again, the business organizations face the risks owing to different reasons. The present study primarily concentrates on the different risks that can affect the operations of the business enterprise for going concern issues. However, there are certain contributing factors that increase the risk proposition of the business for the subsequent financial year. Again, the loss of the consumers, huge financial risk, decline in the profitability and excessive trading of different business activities and less number of products are the important business risks that the management of a corporation faces Arens et al. (2009). The primary reason behind the business risks are high level of competition and d ifferent lawsuit among many others. The present study primarily concentrates on the case study based on the operations of HIH Insurance Limited. Furthermore, the current study also refers to the evaluation of the business risk that in turn can facilitate the process of proper analysis required for conducting the business for future analysis (Gay and Simnett 2009). Based on the evaluation of the business risk, the management can identify the challenges that an organization face and usage of expensive stratagem in the upcoming financial year. The primary objective of the present study is to analyse different state of affairs of the corporate governance of the company HIH prior to the period of the collapse. The analysis of the corporate governance reflects different warning signs indicated by the supervisory authority in the process of determination of different actions that are facing different challenges. The primary concentration remains on the amount of investments provided by the shareholders of the organization, finances of the policyholders for the process of detection and supervision of different asset risks concerns (Messier Jr 2016). The investment stratagem of HIH Insurance Limited takes into consideration the assessed risk ensuing from underwriting performance. The risk mainly occurs from different reinsurance strategies that occur due to the asset risk (Messier Jr 2016). This also helps in ensuring that there remains a neutral influence of different outcomes of investment acquired from the entire risk profile known as HIH Board. The characteristics and nature of the risk are appropriately indicated in different investment guidelines declared by the company HIH Insurance Limited. The company also has an investment committee that intends to formulate different suggestions for asset allocation. However, the present rules and regulations comprises of different boundaries as well as exclusions on identified asset categories (Arens et al. 2011). Furthermore, the investment committee also attends meetings in each quarter for examining different process of allocation of asset. Therefore, the primary intention of the study is to highlight the level of risk tolerance of board as indicated in the invested portfolio. A thorough assessment of the operations of the organization reveals the fact that the company faces the risk of compliance (Elder et al. 2011). As indicated in the current case study on HIH Insurance Limited, the company faced different types of challenges as regards the pricing strate gies and at the same time inadequate reserve. The management of the company decided to offer insurance at a lower rate at a very low rate of premium. The strategy of diminishing the premium for the insurances decreased the stream of revenue of the corporation leading to the failure of the corporation in maintaining the required fixed assets for providing coverage against the liabilities of the corporation (Arens et al. 2012). Moreover, the policy of decreasing the overall rate of premiums for the insurances also affected the process of capital formation of the company (Eilifsen et al. 2013). Again, the administration of HIH has committed material misstatements in the financial announcements that refer to the inadequacy of reliability, clearness and ethical conduct of the corporation (William et al. 2016). This again leads to the loss of reputation and reflects the reputation risk. The study also indicates different risks that the corporation might face because of the intimidating ex pansive strategies of the company. The policy of entering into a new market increased the business risk as the company has inadequate knowledge regarding the business environment the new emerging market. 1(b) Inherent risk factors that can affect the financial reporting of HIH Insurance Limited As rightly indicated by Arens (2016), the inherent risk indicates to different risks faced by a business entity that occurs in absence of any kind of actions that might take into account the likelihood as well as influence of the risk. The management of the business can analyse as well as interpret the overall process of assessment of risk. A detailed evaluation of the current case study on HIH Insurance Limited can assist in comprehending different inherent risks that in turn can be associated to the business operations of the corporation HIH Insurance Limited. The detected inherent components of the risk for the company HIH Insurance comprises of the exaggeration of the cash balance that subsequently can replicate augmented working capital (Arenns 2016). Furthermore, the inherent risk factors also comprises of underestimation and at the same time understatement of creditors that lead to inappropriate representation of the total working capital of the corporation. Again, the inheren t risk can also generate out of the exaggerated representation of the debtors of the corporation that again can lead to the augmentation of the working capital of the corporation HIH Insurance Limited. Therefore, it can be hereby ascertained that the material misstatement can also lead to different types of inherent risks. Moreover, as per the case study, it can be hereby established that evaluation of the risk of the corporation HIH Insurance has helped in the process of replication of the poor condition of the financial health of the corporation. This in turn has forced the administration of the corporation to blow up the data on the sales revenue (William et al. 2016). Again, as per the case study, it can be hereby ascertained that HIH presented concocted report and made false declaration regarding the achievement of the revenue targets and at the same time profitability, solvency and operational efficiency. 2(a) Facts and Results Regarding the Case of Andersen Clients: The particular company HIH Insurance limited mainly focuses on the operational activities of the Royal Commission regarding the finding out of the accounting factors (Comino 2015). It has been found that in the year 1971, the audit firm Arthur Anderson had completed its external auditing that began from the year of collapse that is 2001. Therefore, the clients mainly prefer to take assistance about the many audit risks that might occur regarding the subject with the common laws and cases. Creditors: The auditors mainly play a vital role regarding involvement of the effective control over the avoidance of the associated errors and the mistakes. It has been found that in case of Pacific Acceptance Corporation Limited Vs Forsyth, the auditors believe that the opinion of the auditors depends on the financial reports of the firm in compliance with the matters that govern the required standards and the accounting laws in an accurate manner (Gamertsfelder 2016). The function of an auditor is to look over the points that are associated with the performances of the duty in the due course of time. This is mainly associated with the company Kingston cotton mill that indulges in the utmost care intelligence for the purpose of the future analysis (Drinnan and Campbell 2015). The auditors require the essential skills along with their expertise in order to carry out their activities regarding auditing. The auditors take the investors and the creditors into consideration for any type of assista nce for use of the financial statements. 2(b) Conditions required for the Present Negligence Actions It is a vital factor to uphold all the elements related to the negligent actions and this should be proven. There are mainly four elements that are found within the negligent case and these include breach of duty, proximate damage and cause, duty and cause in fact. The first situation is the determination or the identification of the fact that whether the auditor of the firm had any type of duty towards the plaintiff (Zadek et al. 2013). Therefore, for this factor, the relationship between the plaintiff and the auditor is counted. Therefore, the particular duty can be considered as the established duty. The second situation is the identification of the fact that whether the auditor has failed to act any duty which he should perform. The liability for the negligence should arise when the individual fails to act its duty with due care. The third situation is that the claimant of the case should prove that particular action of the auditor has resulted into real injury. It can also be said that whether the auditor has not performed the particular action then the claimant might not suffer from the injury. The fourth situation is that the auditor of an organization is only liable for the particular damages which it might have foreseen (Furnham and Gunter 2015). The fifth situation is that the claimant should prove the negligence of the actions of the auditor that have resulted into a real damage. 3(a) It has been noted that an organization should hire an external audit team as there are various reasons for that. The main causes for hiring an external audit team are as follows: The management of the firm generally has to work with the firms auditors most of the time. Thus it can be said that the management team and the auditors of the firm are much close due to their work. Therefore, a good relationship might occur between the auditor and the management department of the organization. It has been found that the external auditor is familiarized to the general functioning, laws, policies, rules and regulations of the organization. In addition to these, the management of an organization commonly work closely with the firms auditors such that the management might form a good relationship with the auditor. 3(b): The advantages for the engagement of the external auditor to the consulting services are as follows: It has been found that the auditor is mainly related to the business of the customer. Therefore, both the effort and the time consumption for knowing the particular entity will be saved. It has been noted that the auditor has substantial knowledge regarding the business of the customer such that it can serve both effective and efficient consulting (Samkin and Deegan 2012). Additionally, the auditor along with his experiences with the particular customer might offer a unique solution to every issue. Lastly, there is also savings in accordance to the costs, only if the auditor is allocated as the consultant of the particular organization. 3(c) It has been found that as per the case study of HIH insurance limited, there are some ethical issues that include the audit profession which has contributed to the collapse of the firm. It has been noted that within the firm HIH insurance limited, there were some ethical dilemmas that might exist when the firm faces the particular situation. This situation occurs when the tradeoffs is needed between the interests and the ideals. Therefore, the auditor should act accordingly with the ethical standard and for the shareholders interest. Thus, auditor is needed to fulfil with all the five ethical standards that is confidentiality, objectivity, integrity, professional behaviour and professional competence (Arens et al. 2015). As per the case study, it has been found that the audit firm has obtained huge amount of fees from HIH insurance limited for both the services audit and non-audit. Therefore, it should be counted that if it was ethical or not to serve such non-audit fees for the int erest of the shareholders. The audit fees were not raised by the HIH insurance limiteds management; the Andersen declined the work amount on the audit of HIH insurance limited. Furthermore, this also used the relationship with the companys management in order to consider the non-audit services and also to hike its fees. The close relationship between the audit firm Andersen and HIH insurance limited has allowed HIH to follow the accounting policies. The agreement of Andersen is unethical as the auditor is in a pressurized way. 3 (d) The statements provided by Ramsay as well as the CLEWRP 9 indicate different suggestions for augmentation of diverse auditing operations. However, the main recommendations for the purpose of improvement of auditing tasks refer to different facts that a particular person need not determinedly suggest that the auditor is independent. In addition to this, it is imperative to have appropriate disclosures in the annual statements (Arens 2012). In addition to this, the company also needs to have declarations as regards the contentment of the committee with the non-audit operative services. The documents on the judgement of the committee provide different recommendations that can affect the overall auditing operations effectually. In addition to this, different independent audit professionals need to execute the performance requirements concerning the assessment of financial announcements. References Arens, A. A., Elder, R. J., Beasley, M. S., and Jones, J. 2015. Auditing: The Art and Science of Assurance Engagements. Pearson Canada. Arens, A.A., 2016.Auditing and Assurance Services: Student Value Edition. Prentice Hall. Arens, A.A., Best, P., Shailer, G., Fiedler, B., Elder, R.J. and Beasley, M., 2011.Auditing and assurance services in Australia: an integrated approach. Pearson Education Australia. Arens, A.A., Elder, R.J. and Beasley, M.S., 2012.Auditing and assurance services: an integrated approach. Prentice Hall. Comino, V., 2015. Australia's' Company Law Watchdog': ASIC and Corporate Regulation.V Comino, Company Law Watchdog-ASIC and Corporate Regulation (Thomson Reuters, Australia 2015). Drinnan, R. and Campbell, J., 2015. Class action risk: Now and in the future.Governance Directions,67(9), p.537. Eilifsen, A., Messier, W.F., Glover, S.M. and Prawitt, D.F., 2013.Auditing and assurance services. McGraw-Hill. Elder, R.J., Beasley, M.S. and Arens, A.A., 2011.Auditing and Assurance services. Pearson Higher Ed. Furnham, A., and Gunter, B. 2015. Corporate Assessment (Routledge Revivals): Auditing a Company's Personality. Routledge. Gamertsfelder, L., 2016. Disclosure laws and class actions: An irresistible relationship.Governance Directions,68(5), p.276. Leung, P., Coram, P., Cooper, B. and Richardson, P., 2015. Modern Auditing and Assurance Services, 6th edition, John Wiley and Sons. Arens, A., Bets, P., Shailer, G. and Fiedler, B. 2009. Auditing and Assurance Services in Australia: An Integrated Approach, 7th edition, Pearson. Gay, G. and Simnett, R. 2009. Auditing and Assurance Services, McGraw-Hill. Messier Jr, W., 2016.Auditing assurance services: A systematic approach. McGraw-Hill Higher Education Samkin, G., and Deegan, C. 2012. New Zealand financial accounting. McGraw-Hill Education Australia. William Jr, M., Glover, S. and Prawitt, D., 2016. Auditing and Assurance Services: A Systematic Approach.Auditing and Assurance Services: A Systematic Approach. Zadek, S., Evans, R., and Pruzan, P. 2013. Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge.

Thursday, April 9, 2020

Human Cloning free essay sample

Biotechnology is a field of biology that involves the use of living things in engineering, technology, medicine and other useful applications. The concept of this field includes a range of procedures for modifying living organisms according to human purposes. One major subject in biotechnology is human cloning. This is the asexual creation of a genetically identical copy of a human, human cell or a human tissue. It is a controversial issue and there are many reasons for and against cloning human beings. Many scientists are saying that human cloning is a positive thing, such as Dr Ian Wilmut. He said [Human] cloning promises such great benefits that it would be immoral not to do it. Cloning a human would involve removing the nucleus from an unfertilised egg cell, transferring a nucleus from a mature (or somatic) cell into the egg cell, then stimulating the egg to divide and transplanting it into the surrogate mother to grow. We will write a custom essay sample on Human Cloning or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page There are many positive outcomes as a result of human cloning. A large problem in todays society is infertility. Many couples are unable to have children of their own due this problem of infertility. Cloning human beings is one solution for this natural problem. It is a medical breakthrough that could provide couples with children of their own. Although the couple could adopt, they might want a baby of their own. Human cloning allows an infertile couple to have children that are genetically theirs. Some mothers want to go through the pleasure of actually having a baby, which is why cloning would be a better idea for them, rather than adoption. Human cloning can also help in cases where a parent has an inheritable genetic defect or disease. It would provide a better chance of having a healthy child, with no inherited genetic diseases. Human cloning has also been seen as a solution to gay and lesbian couples wanting children. Cloning will allow gay and lesbian couples to produce a biologic offspring. Many people in our society are affected by genetic diseases. A genetic disease is an illness passed on, through genes, to generations of a family. Advances in human cloning will help people to replace defective genes with healthy ones. Cloning humans and cloning technologies can also help researchers in the field of genetics. They might be able to understand the composition of genes and genetic diseases in a better manner. The real benefit of cloning humans is that genes will be able to be altered, thus genetic diseases can be removed from the offspring. This will help and benefit the health of future generations. The most deadly disease that scientists might cure would be cancer. Cancer strikes 125,000 people each year, and approximately 2. 2 million cases have been documented. According to â€Å"Why Clone Human Embryos? † â€Å"Oncologists believe that embryonic study will advance understanding of the rapid cell growth of cancer. Altering genes in a cloned human can also allow scientists to reproduce a certain trait in humans. They would be able to produce people with certain qualities, traits and characteristics, making humans more evolved and able to adapt quicker to the changing environment. Although there are many advantages to human cloning, there are also some disadvantages. Cloning is not yet sufficient or correct. It is a major scientific challenge to create a perfect clone and there are still side effects and health problems relating to cloning animals, let alone human beings. The real question with cloning humans is If animals cannot be cloned to be perfect how can they create a perfectly functioning human clone? With animal cloning, there have been a variety of abnormalities, including kidney, liver, heart, blood vessel, skin, muscles and immune system problems. There are also problems with gigantism and many limb and facial abnormalities. The same problems would be expected when cloning humans. 95-99% of cloned embryos, including humans, die before birth. Advanced Cell Technology found that 25% of clones showed severe developmental problems soon after they were born. Statistics also show that there is more than a 50% chance of the cloned human being born with abnormalities. With these statistics, it is clearly shown that there is not a good possibility of the human embryo living passed birth. Due to the inefficiency of animal cloning and the lack of understanding, many scientists believe that it would be highly unethical to start cloning humans. Scientists also do not know how cloning humans could impact the mental development of a clone. The mental development of a human is crucial for the growth of healthy humans. Cloning humans, at this stage, would be ethically irresponsible. Cloning also has a major ethical side to it. Many people believe that it is wrong to play God and genetically alter humans qualities and traits through cloning. They also believe that cloning humans causes destruction to the embryo. The Roman Catholic Church, under Pope Benedict XVI, has condemned the practice and creation of human clones. The Dignitas Personae states that it represents â€Å"a grave offence to the dignity of that person as well as to the fundamental equality of a people. † Christians and Jews oppose human cloning and call it highly unethical and unnatural. Paul Billings, co-founder of GeneSage, stated â€Å"there is no right to have a genetically related child, cloning is not safe, cloning is not medically necessary, and cloning could not be delivered in an equitable manner. † Furthermore, The House of Representatives passed the Human Cloning Prohibition Act of 2001 to ban all cloning in Australia. This act was passed on and made official in December 2006, although therapeutic cloning is now legal in some parts of Australia. Many people still disagree about cloning humans, as scientists have not yet made a perfect clone. Molecular biologist Kathy Hudson said â€Å"But Im not sure it will ever be ethical to prove that it is safe because that would involve human beings in those experiments – and is that ethical? † Human cloning could be a medical breakthrough for the future, but currently it is unsafe and highly unethical to experiment on human embryos. The risks of abnormalities are too high to start cloning humans and the consequences of something not working in cloning are huge. With so many unknowns concerning cloning, the attempt to clone humans at the moment is considered dangerous and ethically irresponsible. Human Cloning free essay sample The idea of human cloning is truly bewildering. Combined with genetic engineering, it is the stuff of legendary science fiction. Imagine a human being created to be the epitome of perfection in all aspects; appearance, intellect, and health. It would be as though we were gifted with an evolutionary leap into our own futures long before it arrives on an intellectual level, and on a physiological level perhaps attaining a perfection of health and body that could have never existed. With great intellect comes great discovery, and humans are truly incapable of imagining with accuracy what the future holds, for example, there is no limit to the potential contributions that a clone manufactured to become the most intelligent human ever to exist could bring forward. When stated in this way, the idea of cloning humans sounds ultimately good. Surely such an individual would be treasured by our world, and valued for their accomplishments and benefits to humanity. We will write a custom essay sample on Human Cloning or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The revelations that could be brought forward, the cures for disease, the greater understanding into what makes a human a human, the fundamental principles of the creation of life beyond what we currently are aware, these are all found in the study and experimentation of human cloning. But what would be the cost? Dr. Ian Wilmut, the man responsible for successfully cloning the sheep Dolly in 1996, claims that we should not clone humans for intelligence because genes are only part of what makes one a genius. Wouldn’t this proposal be precisely why we should or would want to clone a human? By knowing before their existence that this human clone would have the potential to advance science, technology, or culture, and then proceeding to make investment in their futures by providing optimum environmental factors such as training and opportunity they very well could surpass the original genetic source. Human cloning results in a child born into a forced existence, not simply allowed. Clones are not planned due to emotional bonds nor do they come about through random happenstance of the enjoyment of sexual procreation, therefore they would never truly be viewed as natural or belonging to the species, and could never be allowed that which every person birthed with intent is entitled: the state of being wanted and loved simply because they became. This argument of equal existence jeopardizes the potential for agape love, and many other positive emotions. The emotions felt toward the clone could not necessarily be negative and perhaps would be most beneficent, for many arguments such as the infertile couple or the couple wishing to clone their deceased child would certainly love the child as parents are apt to do, but on the clone’s behalf this love will be eventually recognized as directed toward them not because of their many traits and qualities as an individual, but because of what they are. They will only be loved for the idea of that which they represent – the impossible child or the replacement. Imagine you are the first cloned human. You are special. You are different. You are unlike any other living creature on the planet. You have no â€Å"true† mother and father; you are a collection of cells manipulated into stopping and starting in a Petri dish to eventually result in the form of a human being. There were potentially hundreds of other â€Å"babies† of you but the majority of them were mutated through mistakes, destroyed intentionally, or died before being birthed. Up to 30% of the others like you were born, but with disabling and debilitating conditions which most likely left no alternative other than euthanization. There may be more like you created, who would have the same genetic advantages and no apparent negative genetic mutations, but what if they thrived on a higher level or contributed more than you are capable? How does this make you feel? As if you weren’t living up to expectations? Kantian theory holds that a person is always to be treated as an ends and never only a means. When looked at through a physiological viewpoint the cloned person is not exactly like the clone. Nuclear transfer does not produce 100% genetic identity (Brock), nor does it account for nature versus nurture factors. There is no guarantee of the possibility to produce a clone with the same capabilities of potential of their predecessor. Little is known about whether it is at all possible, and without human cloning experiments we may never know. Any attempt to complete these experiments, since they would be performed using humans as a test subject, would absolutely quantify the clone as a means without ends in themselves. In order to establish what we would need to know to weigh the benefits against the consequences of human cloning, we would have to first deny the rights to autonomous life and happiness of the individual. Clones in all forms would, by most, be treated as representations of people, but not as equal peoples. Throughout history the human race has shown great difficulty in accepting many forms of alternative or non-traditional customs, values, and beliefs which do not coincide with the â€Å"norm†. Racism, Sexism, and Homophobia are all testament to humanity’s intolerance of perceived extreme differences. Wars are waged on a daily basis throughout the world due to the human incapability to settle matters civilly, mostly due to greed and corrupt power, and many of those wars result in the deaths of innocent people who have no part nor say in the issues at hand. Another argument that human clones would not be considered equal people addresses that they are a manufactured production and their creation is based primarily in economic utility. Before they are even born they are perpetual slaves to science and society (Myerowitz, 2004), potential profit to investors, and as being such are not privy to rights and issues of equality that would interfere with those aspects which were determined before their creation. Human cloning is the coercion of life for purpose, through and for profit. Whether human cloning is performed under the guise of emotional fulfillment to bereaved parents, or to that of scientific and psychological studies of genetic dominance, emergent traits, or differences in the effects of environmental standards makes no difference to the ends of the clone. Most certainly there are laws that prevent abuse and exploitation of children and others, and it is supposed that these laws and rules would be applied to clones as well, but there is a considerable difference between a naturally born human child and a genetically engineered human clone child. Which of these two children require an exorbitant investment of resources and wealth to produce? This circumstance ensures that the clone not only is assigned moral or ethical value, but a monetary value as well. I am unable to ration something as costly as the creation of potential as not being seen as an investment, or worse, a possession. In virtue ethics, the question of What sort of person should I be? (Rsrevision,) is posed by those looking to determine the good of their actions. When applied to the subject of human cloning the question is removed by the creators and is replaced with the question, ‘What sort of person should the clone be? ’ The scientist experimenting would be performing a practice. This would involve unique skills. If the reason for experimentation is for the good of society then it would be considered an internal good and acceptable. However if experiments are being carried out for the sake of wealth/fame/honor then these would be external goods and not as worthy. Predetermining a person’s life demonstrates extreme hubris on behalf of all involved in creation – even those who would do nothing other than allow it. Even if for the sake of a greater good, human cloning could not be seen under these circumstances as a virtuous procedure. With any possession without direct concept, design, and intent of creation by a lone individual there is an unclear issue of property ownership. Should you say that a human clone could not be considered property, examine that this parentless child is produced into a system of life with intent. A human clone would doubtfully be created just to see if it could be done, as the life of an individual, particularly the life of an infant to child, holds ethical value to all humanity and the cost of creation would be too high to be charitable without purpose. Most likely the motives behind human cloning would be for more direct purpose, such as coercing the existing genetic potential of an individual into something greater using variable environmental factors and encouraging more emergent traits that may not have become apparent in the natural human from which the clone was derived. Those individuals which are responsible for the upbringing of the human clones ultimately have direct motive to produce the desired outcome of the clone’s future. Now some would argue that this is the same view that most parents hold over their children (Woodhouse) – their child is their property and the parents plans are made to direct that child toward both the immediate actions and future actions of the parents choosing. Just as with the parental child, the cloned child would be treated as such, but the intention of the natural parent is most times to establish a point in time which the child would become an autonomous being and no longer dependent on the parent as they are then capable of making their own choices. With the cloned child there would be no such point of autonomy, as the experiment in itself is a controlled study, and that control is required to illicit the product or goal which was intended before the creation. Here, we could also entertain the potential for government intervention and interference. US federal government has already implemented that no federal funding may be used for the purpose of human embryonic research or cloning. The United State’s FDA and state governments already are regulating human cloning (Hamburg, 2009). Any procedure of genetic cloning without the direct permission of the FDA is a violation of federal law and anyone involved with such experiments would face legal prosecution which includes penalties of up to 10 years in prison and fines upwards of $1,000,000. 0. Without definite guidelines from the US federal government, many states have written their own legal policies and laws to establish what is and is not acceptable in the field of human cloning and genetic engineering (Denver office, 2008). The American Medical Association has also made public their stance on the topic of human cloning, claiming that too little at this point is known to establish re ason to go into human cloning, as well as potential issues with social reaction and legislation being vague (American Medical Association, 2008).

Monday, March 9, 2020

s Critical Thinking

I will be showing Walton’s fallacies in the texts I use on â€Å"Communication Between Divorced Parents†. I will demonstrate by using Walton’s fallacies how some parents remain friendly and put the children first in divorce situations. I will also demonstrate Walton’s fallacies on how other parents don’t have anything good to say about each other and tend to put the children in the middle. I will then be able to understand the dynamics of divorced parents better and how miscommunication affects their future communications. Some problems can be overcome with planning and forethought, as we have seen, but this eventuality is difficult to guard against, the best advice being the fullest possible airing of views on every aspect of the topic before marriage (Shreeve, 89). I believe that this fits well with Walton’s argument as a reasoned dialogue. In discussing these issues the couple will go through all types of dialogue: quarrel, debate, persuasion to get the other person to see their point, negotiation to come to an agreement, information seeking – asking further questions, action seeking, and even educational. After applying Walton’s dialogue they will have aired their views on every aspect of the topic of marriage. So thrash out the whole approach you should adopt with your partner beforehand. And however, desperately unhappy and bitter you may feel yourself, make an enormous effort not to let this spill out into your relationship with your child or children – especially if their existence contributed to the stresses that finally broke your marriage (Shreeve, 91). I believe that the author is using Walton’s argument as reasoned dialogue here for the parents to put a plan together on how they are going to handle the children and how they are going to behave towards it each. The author is telling them to go through Walton’s process. I see Walton’s process being used to its fullest here. There will be ... 's Critical Thinking Free Essays on Walton\'s Critical Thinking I will be showing Walton’s fallacies in the texts I use on â€Å"Communication Between Divorced Parents†. I will demonstrate by using Walton’s fallacies how some parents remain friendly and put the children first in divorce situations. I will also demonstrate Walton’s fallacies on how other parents don’t have anything good to say about each other and tend to put the children in the middle. I will then be able to understand the dynamics of divorced parents better and how miscommunication affects their future communications. Some problems can be overcome with planning and forethought, as we have seen, but this eventuality is difficult to guard against, the best advice being the fullest possible airing of views on every aspect of the topic before marriage (Shreeve, 89). I believe that this fits well with Walton’s argument as a reasoned dialogue. In discussing these issues the couple will go through all types of dialogue: quarrel, debate, persuasion to get the other person to see their point, negotiation to come to an agreement, information seeking – asking further questions, action seeking, and even educational. After applying Walton’s dialogue they will have aired their views on every aspect of the topic of marriage. So thrash out the whole approach you should adopt with your partner beforehand. And however, desperately unhappy and bitter you may feel yourself, make an enormous effort not to let this spill out into your relationship with your child or children – especially if their existence contributed to the stresses that finally broke your marriage (Shreeve, 91). I believe that the author is using Walton’s argument as reasoned dialogue here for the parents to put a plan together on how they are going to handle the children and how they are going to behave towards it each. The author is telling them to go through Walton’s process. I see Walton’s process being used to its fullest here. There will be ...

Saturday, February 22, 2020

The Causes of World War One and Two Essay Example | Topics and Well Written Essays - 1250 words - 1

The Causes of World War One and Two - Essay Example He then maintained a non-aggression and cordial relationship pact with Russian. However, Kaiser Wilhelm 11, his successor, dismissed him in 1890. Kaiser Wilhelm 11 could not renew the pact arguing that it was logically inconsistent with Germany’s commitments to Austria Hungary. The Russian foreign affairs ministry maintained friendly relations with Germany. However, the Russian military insisted that a new alliance with France was more important for Russia’s national security. Consequently, the Tsar military aid opened direct talks between the French and Russian generals of staffs. Despite the reservations of professional diplomats, the generals persuaded Tsar Nicholas 11 and the French cabinet to sign the pact. The secret military convention was signed in 1892 and later ratified in 1894. There was the crow memorandum of 1907. This treaty gave rise to the Anglo-Germany antagonism. Influential career diplomat Sir Eyre Crowe spearheaded this treaty in 1907. This was brought about by the fact that Great Britain considered France as the most serious threat to its African and Asian interests. However, under a strong fear of Germany in 1904, the British concluded the â€Å"entente cordiale† with France. This was a friendly resolution of differences in Africa. The British inspired this resolution after they stood firmly beside France against Germany in the first Morocco crisis. Germany had protested forcefully against the creation of a French protectorate in Morocco. In the memorandum, Crowe sought to persuade the British foreign secretary, Sir Edward Grey, to conclude a similar agreement with Russia. This led to† Anglo Russian entente† of 1907 that paved way for diplomatic cooperation and joint military planning between France, Russia, and Great Britain. Crowe considered Germany as the greatest peace threat in Europe. There were four major diplomatic crises in Europe from 1905 to 1913.

Wednesday, February 5, 2020

Analyzing Geoff Moore's Chasm Model Research Paper

Analyzing Geoff Moore's Chasm Model - Research Paper Example This group needs to be first taken into consideration for they would help in endorsing the new technology being introduced. The second group relates to such people who are known as the early adopters. These people tend to identify the benefits related to a technological innovation and thereby tend to increasingly link such benefits to the operations conducted in their firm or organization. Further these people tend to work more based on the level of their intuition and thereby does not tend to depend on any referred source of study or knowledge. The third adopter segment identified in this model is referred to as early majority. Like early adopters these people also work on their level of intuition in regards to decision making or purchase actions. However unlike early adopters these people work in a pragmatic fashion such that they measure or evaluate their actions against referred or authentic sources of information. Hence they not only successful into entering new territories but also can gain high amount of revenue and profits. Another adopter group in the fourth category relates to late majority people. These people however tend to avoid being drawn to new technologies or innovations. Rather they tend to depend on standardized and well recognized sources to gain resources for their business. Thus gaining over this source helps the research and development team to counter the loss of profits and rather meet the expenses incurred. The final group of adopters in the fifth category relate to a population known as laggards that do not go for new technology products. Rather they tend to depend on other products for their survival. Moore’s Chasm thus refers to the difference between the two segments of technological diffusion relating to the early adopters and the groups known as the early majority. The first group is understood as potential visionaries that tend to bring about new thoughts and ideologies while the latter are held to depend on pragmatic id eas (Dams 88; Moore 12-13). The Chasm Model in Regards to Consumer Behavior The Chasm theory of Moore’s when dealt in regards to consumer behavior identifies early adopters as those people that rush over to the market place in sight of new technology or products being introduced. In other words the early adopter group of consumers tends to take to higher purchase risks in that they go for untested products that have been introduced in the market. However it must also be understood in here that the early adopters also endeavor to look for specific value in regards to the products they ought to procure from the market. Thus a separate culture needs to be developed where the consumers would be introduced to the values and benefits they ought to obtain from the product or service. Unlike the early adopters the early majority consists of such population groups that would not go for rightly procuring a product or service unless and until they have rightly evaluated such to satisfy their needs and aspirations. Henceforth these people need not be introduced to values and benefits of the products. Rather they endeavor to conduct a market research on the people who have been using such product or service. The process through which the behavior pattern of the early adopters can be infused to look for proper benefits and positive experiences before procuring such can be held as a means to earn a breakthrough in

Tuesday, January 28, 2020

The Eight Principles Of Total Quality Management Information Technology Essay

The Eight Principles Of Total Quality Management Information Technology Essay Total Quality Management is a process that ensures continuous improvement for an organisations future. It is a management system with customer satisfaction as a continual goal. It is TQMs goal to integrate a sense of quality into the culture of how an organisation is run. It hopes to merge different internal branches of an organisation (finance, Communications, RD etc.) and link them all with quality being their main goal, with a view to continual customer focus. This system of management contains 8 principles which are vital in implementing this strategy into an organisations culture. These principles combined with effective leadership should result in a company doing The Right Things Right, First Time. TQM stems from the principle that It is easier to control systems than it is people. Companies depend on their customers to keep them in business. It is essential that a company can keep their customers happy by ensuring that the products received are fit for their intended use. It is also very valuable if a company can foresee future customer needs to ensure they keep the customer base in the future. Here the company can ensure that all its new objectives are customer satisfaction based and can later apply measuring techniques to see if their approach is effective (customer surveys etc.) Leadership Total quality should be adopted into the culture of the organization so proper leadership should create an environment where this is possible. The objectives should be clearly laid out with an emphasis on customer satisfaction. A leader should ensure that all employees are fully aware of their importance to the organisation and should eliminate fear and promote trust. Involvement of People Every person within the organisation must be utilized for their specific skills so everyone is contributing to the organizations goals. This helps create a sense of unity and purpose and leads to a better working environment. This leads to people being accountable for their work and serves as a baseline for quality. It involves people sharing ideas and practices and leads to better trouble shooting. Process Approach The objectives should be clearly outlined and all personnel should be aware of hoe the process will be managed and undertaking. This removes the waste of resources and ensures all efforts are placed on defined essential tasks. This helps increase the rate of work and processes are finished faster. If the process has been properly defined and it has to be repeated, the exact same system can be used as it has been documented and this will further increase efficacy of the work in the future. Systems Approach to Management If you can define interrelated systems, they can be correlated and run under one management guise. Running these various operations under one system leads to more effective work and allows the system to be monitored more easily and have data compiled on the systems efficacy. Through this monitoring continual improvement can be scored and documented. By aligning different departments within an organisation, more focus can be placed on key goals and confidence in the work will be widespread. This can lead to greater results faster. Continual Improvement This is to be a permanent goal for every process undertaken within the organisation. By training staff to use the various continual improvement tools available, a company can leap on an improvement opportunity before others. This could possible open up a new customer market that was previously unavailable. Factual Approach to Decision Making Decisions should be made based on analysis of sound data and intensively researched information. This removes poor decision making from an organisation and sets a baseline for decision making in the future. This can also help the ability to demonstrate how effective past decisions were by checking factual data. The factual data can help access the outcome of the decision and help removes decision making based on intuition alone. Mutually Beneficial Supplier relationship A relationship based on mutual benefits is very healthy and ensures that both parties have each other interests in focus. This will help create value for both companies if some parameters are set correctly. Open communication must be maintained and key objectives and future plans must be known to both parties. If both parties can pool their resources and both have a strong view towards customer satisfaction then waste of resources can be minimised and activities can be improved on both sides. Implementing TQM: TQM is a complex management system that will require a lot of input from all people involved in the company. However, the most important initiating step is to get full commitment from the companys senior management. Without this a proper plan cannot be devised and TQM will not work. A quality team or quality council must be set up among senior managers. Here ideas can be exchanged and improvements to specific parts of the company devised. Here it will also be decided who is to implement certain changes and a system of quality reporting must also be set up. There should be a quality improvement team and also a quality planning team set up. These teams should contain people who represent all areas of the organisation and have a high standard of knowledge of their individual departments. It is essential that the individual department are not run separately, but rather as one large system to ensure full communication remains and key objectives can be achieved faster. Once senior management have become involved the next step is to make middle management aware of the transition. This will involve meeting between middle management and the personnel who report to them. Here all staff will be educated about the forthcoming move to TQM and a series of plans will be set in motion. Here the staff should constantly retrain and each department should develop new experts to keep a focus on continual improvement. A mission statement of the organisations quality policy is a great way to start. From here a series of plans and a systematic approach can be developed to convert the companys operations to one of total quality. This change is very serious and without full commitment and proper planning can fail easily. The first thing a company must do is assess their current state. Here a management audit is a valuable tool and can easily identify the companys health. If the company is in poor health (quality standards low, reactive decisions, and poor managerial skill) then TQM will be near impossible to implement. However, if a company can agree that its current level of management, organisational culture and work ethos are suitable to TQM, then the process can develop from here. Benefits of TQM: Once an organisation has been converted to a system of total quality management, the organisation may be able for ISO 9000 accreditation. This is an internationally recognized standard of quality that has a major impact on how your organisation itself and the process that are undertaken are viewed by the public/possible customers. Having this accreditation will also greatly benefit the organisation from a financial point of view. Getting insurance for large companies can a massive financial burden and being ISO 9000 approved means you are more likely to be insured. This will help protect the organisation from possible liable action. The main benefits internally are a new streamlined system for operations. Increased workmanship due to work ownership/accountability and this leads to constant quality. Increased readiness for the future market and a removal from a reactive decision making process and overall improved stability within the market and increased staying power. Disadvantages of TQM: A main concern of implementing total quality management is the initial set up cost. Here employees will have to attend training that will take away from their usual duties and cause a dip in productivity. Due to all the changes implementing TQM will cause, there is a school of thought that thinks employees will doubt the security of their positions. This may lead them to becoming resistant to change and as a result, slow down the implementation stages and the efficacy of TQM. The results which are desired from TQMs implementation may also take years to see, this can lead the employees feeling that their input was of little use and the project was a waste of time. TQM can also tie a business to a certain set of plans that may span years. This can lead the company down an inflexible route when it comes to future prospect and developments. Instead of the company continually focusing on the goals TQM was supposed to tackle, the main focus in put on finishing the implementation stage. As a result, the company ends up with a major organisation change but the highlighted problems still exist and more time will have to be delegated to solving these at a later time. This again all leads to a drop in current productivity and the business retains its previous efficacy with no notable improvements being recognisable.

Monday, January 20, 2020

The Unjust Execution Of Socrates :: essays research papers

The Unjust Execution of Socrates In the vortex of life, many evils have transpired. Vices such as plagues, unforeseen deaths, and corruptness. Among the tragic acts of malefic proportion was the death of the Greek philosopher, Socrates. He tried to prove and invalidate many theories through reasoning, and he was murdered for his beliefs. His execution was not justified because the charges that were brought against him were false and unfounded. The fist crime that Socrates was charged with was that of impiety. This charge was invented primarily to discredit him and make him unpopular with the citizens. The charge was that of not acknowledging the same gods that the state believed in. Throughout the book, Socrates refers numerous times to the fact that it is because of the gods that things are as they seem to be. "Do you suggest that I do not believe that the sun and moon are gods, as is the general belief of all of mankind?" (57). The fact that Socrates did not publicly speak about the gods attributed to the fact that the charge was heresy. Socrates maintains that he is not like other philosohers. He is a free-thinker, and his beliefs are those of private and intimate thoughts of Gods. Socrates also states that he is not a teacher, however he was not at all happy with the analogy, but took it as a compliment and used it in his defense. He used these accusations to his advantage by saying that he never charged charged anyone for believing or listening to them. The combination of these arguments should have cleared Socrates of the charge of heresy. The second charge brought against Socrates was that of corrupting minors. Socrates battled this charge through the use of the same arguments. The argument that he did not consider himself a teacher, the fact that he never accepted any money for talking or listening to people, and the fact that he believes in gods are what Socrates used to defend himself. By confronting the accusation that he was corrupting the minors, Socrates tried to clear himself by manipulating his arguments so that Meletus, Anytus, and Lycon (the men who brought both charges against Socrates) had to answer questions about these charges. When the questions of Socrates were placed before Meletus, his answers seemed to have proven that Socrates was innocent. However, when the verdict was announced, it demonstrated the opposite. Upon hearing the verdict, GUILTY, it was plain to see that the Greek assembly was like every other political assembly, corrupt. "I should never have believed that it would be such a close thing; but now

Sunday, January 12, 2020

What Do You See as Some of the Crucial Roles of Informal Language in Contemporary Australia?

Informal language has a variety of functions in Australian society. What do you see as some of the crucial roles of informal language in contemporary Australia? Informal language has a variety of functions in Australian society. The main function of informal language has to do with Australia’s culture. Slang and informal language gives a sense of belonging, pride, mateship, informality and laid-backness, which is an accurate description of a typical Australian. In Australian society slang is a common feature of spoken and written conversation. The expletive bloody is very common in Australian language. Bloody is quite typical of Australian language that it can be used as a hyphen in many various words and phrases, for example â€Å"fan-bloody-tastic†. The suffix on the end of bloody is another feature worth noting as it does emphasise the Australian accent. Bloody has now become an important indicator of Australianness and of cultural values such as friendliness, informality, laid-backness, and mateship (Kate Burridge, Gift of the Gob, ABC Books 2012). The word mate, which is another way of saying friend, is typical Australian slang and it is mainly used in an informal context. The word mate suggests openness, at least to a relationship of equals (Richard Castles, The Big Issue 4-17 November 2008). The openness created from using the word mate is a positive face feature possibly leading to build rapport. There are right and wrong times to use slang and with the word mate for example, calling a woman mate runs the risk of offence, as it's an ambiguous word and in a formal situation like a job interview, using the word mate especially referring to if it is your boss, is not something that is acceptable depending on the relationship with the person.

Saturday, January 4, 2020

Into the Wild Reaction Paper - 1289 Words

Into the Wild Reaction Paper Dawn MB Nyberg COLS-100 Ever wonder what it would be like to be snow-bound, scared, alone, cold and hungry out in the wilderness of Alaska? Christopher McCandless knew and he knew it well; he knew that feeling so well, that he died. I don’t think he was a man with a mental illness or any personality disorders; even though Jon Krakauer states that,†it’s not clear that much of values is learned by reducing Chris McCandless’s strange spiritual quest to a list of pat psychological disorders.†(184) I do, however think Chris lived a life according to his parent’s wishes up until he graduated from Emory University when he decided to become â€Å"his own person† and venture out on his own â€Å"sabbatical†;†¦show more content†¦I also need companionship and love from another human being. I am not able to live without human contact, as he was. I would literally die of depression. Maybe he died of depression, even though as Jon Krakauer states,â₠¬ that the final journal entry of Chris McCandless where he penned a final adios â€Å"I HAVE HAD A HAPPY LIFE AND THANK THE LORD. GOODBYE AND MAY GOD BLESS YOU ALL!† (199). I enjoyed reading about Chris McCandless, though I did not care to read so much about Jon Krakauer and what his ventures were. It was like he was trying to â€Å"one-up† Chris, and this book was supposed to be about Chris McCandless, so I thought. I thought Krakauer was Arrogant and self-centered and we â€Å"little people† seemed beneath him. I may choose to read another book of his to see if Krakauer puts himself as much in that book too. He did keep me interested and I guess that is what is intended by authors. Chris is another story. It is hard for me to say that I don’t like him having five children of my own and three of them being boys each of them having their own strong personalities. Matter of fact, I have one that is a free spirit like Chris. The one thing that I didn†™t like about Chris was that he didn’t have respect for authority: the law or the wild. He chose his path inShow MoreRelatedVulvovaginitis Essay1408 Words   |  6 Pagescontinue research on such cases to add deep knowledge on RVVC and to understand the behavior of its pathogen and its epidemiology within Egyptian patients [23]. RVVC and its control by MBL was studied previously, but unfortunately none of the published papers discussed such cases in Egyptian patients. In an attempt to fill this gap, this study was designed on 118 childbearing Egyptian women to find out new therapeutic strategy for RVVC. The suspected Candida isolates were identified as described previouslyRead MoreSynopsis Of Sci Fi Paper1002 Words   |  5 PagesCarl Ross Dr. Erika Harnett ESS 102 8 December 2016 Synopsis of Sci-Fi Paper Imagine yourself a passenger of a spacecraft, a pioneer of a species. 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