...address the following points. Support your response with evidence from the text. • Discuss the advantages and disadvantages of each decision that Elaine has made. The disadvantages Elaine faces are her husband can possibly lose his job because of his commissions slipping. This can jeopardize their Childs education, the can lose their home, and Elaine can possibly lose commission on a big loan because of her decision not to grant a loan that is an investment of 10 billion dollars over a period of years. The advantage Elaine has is to go along with all of the loans and she will make a great commission and if her husband does lose his job she will be able to hold the family together financially for a long period of time. • What are the ethical and legal considerations facing Elaine, Dennis, and UBC? Ethically Elaine is facing making a decision on something that is morally wrong to her and right to the company. The company feels her moral outrage is negatively impacting the company from profiting. Legally Elaine may face charges if she go along with a investment that can make the company money but will soon come back on the company and she will be held responsible and can later get fired. • Discuss the moral philosophies that may be relevant to this situation. The Moral Philosophy that may be relevant to this situation is the Utilitarian. The Utilitarian believes the decisions that are made result in the best action made. In Elaine’s case feels company will gain a lot if she...
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...presence of violence and gambling is acceptable, but with restrictions. The presence of nudity is permissible, but such games can be sold only in internet-shops, not in the local malls. Games with sex, violence, and gambling can be sold only as an adult product in internet-shops. 4. Marketing sex, violence, and gambling are acceptable in some countries if they fit their culture, and in other countries, including the USA, the use of them is restricted. This issue regards also video games industry. For example, in Mexico, the restrictions are not so wide as in the USA, but the use of violence is limited, too. In Taiwan, the use of violence, nudity and gambling is almost unlimited. Response to the Questions on Pages 175-176 1. All the decisions of...
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...1.. The disadvantages Elaine faces are her husband can possibly lose his job because of his commissions slipping. This can jeopardize their Childs education, the can lose their home, and Elaine can possibly lose commission on a big loan because of a of her decision not to grant a loan that is an investment of 10 billion dollars over a period of years. The advantage Elaine has is to go along with all of the loans and she will make a great commission and if her husband does lose his job she will be able to hold the family together financially for a long period of time. 2. What are the ethical and legal considerations facing Elaine, dennis, and UBC? Ethically Elaine is facing making a decision on something that is morally wrong to her and right to the company. The company feels her moral outrage is negatively impacting the company from profiting. Legally Elaine may face charges if she go along with a investment that can make the company money but will soon come back on the company and she will be held responsible and can later get fired. 3. Discuss the moral Philosophies that may be relevant to this situation. The Moral Philosophy that may be relevant to this situation is the Utilitarian. The Utilitarian believes the decisions that are made result in the best action made. In Elaine’s case feels company will gain a lot if she decides to go will a billion dollar investment, because it can benefit a lot of people. The other Moral Philosophy would be Deontology. Deontology focuses...
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...The disadvantages Elaine faces for rejecting all those loans are that her husband can possibly lose his job because of his commissions slipping. This can jeopardize their Childs education, the can lose their home, and Elaine can possibly lose commission on a big loan because of a of her decision not to grant a loan that is an investment of 10 billion dollars over a period of years. The advantage of rejecting these loans based on her moral courage may actually be good for the company in the long run (however no one will actually no that for a while) and acting ethically in her decisions could have saved the company from failing or losing more money than if she did not act ethically. Ethically Elaine is facing making a decision on something that is morally wrong to her and right to UBC. UBC feels her moral outrage is negatively impacting the company from profiting. Legally Elaine may face charges if she go along with a investment that can make the company money but will soon come back on the company and she will be held responsible and can later get fired. Ethically Dennis made a decision to reject a deal with an American firm wanting to export nicotine and caffeine patches to Southeast Asia. This was because there was new research showing both these drugs to be more problematic than previously thought. However, now Dennis is falling short of superior expectations because a one cent markup of these products could have resulted in millions of dollars of profits for UBC. The...
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...inaccurate. * Poor machine scheduling. Opportunity: * Workers are living in nearby barangay. * New technology for equipments. Threats: * Laxity in implementing company policies. * 6. Alternative Courses of Actions * Review the accepted projects and contracts. * Giving training to the workers how to minimize the production time. * Strict management of machine scheduling. 7. Analysis of ACA ACA 1 Advantage: * The company will meet the target date and the contract price. Disadvantage: * The company’s business project will be limited. ACA 2 Advantage: * The company workers will have a team work and they will have a new learning on how to minimize the production time. Disadvantage: * The management will have an extra expense because of the training to the workers. ACA 3 Advantage: * The machine will not remain idle during production time. * Production will be accomplished on time. Disadvantage: * Workers will depend on machines’ capability. 8. Decision Matrix Criteria | ACA 1 | ACA 2 | ACA 3 | 1. Effectiveness | 5 | 4 | 5 | 2. Cost | 3 | 2 | 4 | 3. Timeliness | 5 | 3 | 5 | Total | 13 | 9 | 14...
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...then discuss the value of CMA to the company. After you know the designation of CMA, you will be better able to decide whether the extra amount salary is worth. What Is Certified Management Accountant (CMA)? The title Certified Management Accountant (CMA) is used by various professional bodies around the world to designate their different professional certifications. CMA is also called as The Institute of Management Accountants (IMA) in the United State. IMA is a collective voice of accountants and financial professionals around the world who work in business, with job responsibilities distinct from those in public accounting. The Value of CMA to the Company IMA raises awareness of management accounting, which includes jobs in decision support, plan, and control positions. Some common job titles for management accountants include: Chief Financial Officer (CFO), Treasurer, Vice President of Finance, Controller, Treasurer, Finance Manager, Internal Auditor, Corporate or Division Planner, Cost Accountant, and Staff Accountant. The four-part CMA exam covers a wider body of knowledge, including Business Analysis, Management Accounting and Reporting, Strategic Management, and Business Applications which give the accounting staff a broader background. IMA has found that more than 90 percent of all accounting and finance functions professionals work inside corporations and other business organizations, leaving about 10 percent of the work done to include auditing and testing...
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...Executive Summary The following case study report is for Carson Manor, a Winston based non-profit organization that provides nursing care service for senior citizens. The report will identify key issues that may impact Carson Manor’s day-to-day operation on the basis of budgeting, cost control and cost measurement. The key issues will be analyzed against Carson Manor’s objective to outsource a solution provider to conduct a review of their current situation. This report will evaluate three bidders based on total cost of study, potential savings, possible implementation, experience and references. A recommendation is stated at the end of the report, which comprises the possible solutions to the key issues and some actions need to be taken after selecting one of the three bidders. This report would recommend that Clarke-Hamilton Ltd. would be an optimal consultant for Carson Manor given their highest expected savings, suitable implementation of a patient classification system, excessive experience and positive feedbacks from users. Background Description Carson Manor was a not-for-profit institution that provides nursing care services for aged people. It was founded in city of Winston 30 years ago and currently became a medium sized institution with a bed capacity of 470 and a total of 235 employees. Carson Manor administrator is responsible for overseeing day-to-day operations and serving as an information conduit to Mr. Henry Davis, the director of social services. Mr...
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...references. The research was made solely on secondary basis. The true motive of this paper is to present the new system regarding the virtual assessment process in hiring people from around the globe which is in fact very beneficial to people in terms of saving time and money. INTRODUCTION Industries who have the right people in place will give the strategic competitive advantage in this challenging business environment. The simulation “Virtual Job Tryout” assessment program helps the unique and innovative candidate evaluation. The assessment has been built specifically for the organization to boost up the performance outcome that matters for the company and Human Resource. These assessments give the HR managers the best information for making accurate hiring decisions which also presents the candidate with an exciting and educational view of the job so that they can understand the job’s challenges and opportunities. These assessment and selection strategies define competencies critical to employee success, provide job relevant candidate data, and ultimately help organizations make well informed personnel decisions. PROS AND CONS OF USING VIRTUAL...
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...2013 JUMPING ON THE BUBBLE TEA BANDWAGON Miguel Lorenzo Gutierrez Pamela Maria Lucia Gutierrez Elaine Policarpio Flor Melodie Suyat Jeffrey Mariano METHODS OF RESEARCH S-24 04/02/2013 JUMPING ON THE BUBBLE TEA BANDWAGON Contents Background of the Study............................................................................................................................... 2 Statement of the Problem ............................................................................................................................ 3 Research Objectives ...................................................................................................................................... 3 Theoretical Framework ................................................................................................................................. 5 Research Design ............................................................................................................................................ 6 Sample Characteristics .................................................................................................................................. 6 Results and Discussion .................................................................................................................................. 7 Method of Analysis ................................................................................................................................... 7 Findings .............
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...The Age and Time for the Crime in Juvenile Justice Natasha Yancey Strayer University March 16, 2014 The Age and Time for the Crime The adult criminal system is designed for the prosecution of adults not children. Both state and federal legislative have responded to juvenile crime by focusing on sending more and younger children to adult criminal court. How and where do we draw the line between adults and children? Where do we draw the line between justice and malice? Juveniles that commit crimes should be punished for the crimes that they commit, but they should not be tried as an adult. This paper will offer information on why there needs to be changes in the juvenile justice system, and it will analyze why the increased prosecution of juveniles in adult court is disastrous and nothing but a threatening policy. This policy is unjust, harmful to children and does nothing to increase public safety; consequently punishing adolescents as adults does more harm than good. Thomas J Bernard a professor of criminal justice and sociology at Pennsylvania State University explained how psychologists and sociologists saw young offenders. Bernard’s (2010) book The Cycle of Juvenile Justice recognized that minors are children and not adults. (p. 45) Bernard (2010) further explains that during the 18th century children were tried as adults. Juveniles as young as the age of seven could be tried and sentenced in criminal courts. (Bernard 2010) His research expounds on the Society...
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...------------------------------------------------- Table of Contents No. | Content | Page no. | 1 | Introduction | 3 | 2 | Concept and Meaning | 4 | 3 | Job Analysis | 4 | 4 | Types of Selection Tests | 6 | 5 | Selection Tests | 7 | 6 | Advantages and Disadvantages | 12 | 7 | Summary and Conclusions | 14 | Introduction` Organizations today compete fiercely in the war for recruiting and hiring the best talent available in the market, investing enormous amount of money, time and other resources in advertising and recruiting strategies. Organisations recognize that one of the most important resources - if not the most important - is human resources. Organisations use several ways, methods and tools to select and hire human resources. But it is now a proven fact that organisations using scientifically proven assessment tools to make selection decisions, show significant increase in productivity, increased cost savings and decrease in attrition and other critical organizational problems. Most organizations use what is commonly known in Management circles as a funneling approach to selection, where more informal tools and procedures are used initially to reduce the pool of candidates to a manageable number of individuals who are then be put through a more extensive assessment process. Common initial screening devices include resumes, application blanks and reference checks, which...
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...TABLE OF CONTENT NO. | CONTENT | PAGE | 1. | TASK 1Roles of Formal and Informal Group in The Organisation 1.1. Formal Group 1.2. Informal Group | 2 | 2. | TASK 2 Factors That Llead To An Effective Teamwork | 7 | 3. | TASK 3 Problems and Solution | 10 | 4. | TASK 4Latest Technologies That Can Implement By A Team | 13 | 5. | REFFERENCES | 16 | TASK 1 1.0. Roles of Formal and Informal Group in The Organisation According to the BusinessDictionary.com. group is defines as a collection of individuals who have regular contact and frequent interaction, mutual influence, common feeling of camaraderie, and who work together to achieve a common set of goal. Based on my understanding, group is a group of people that consist two or more people. This group is made have as they have goal that they want to achieve. 2.1. Formal Group Formal group is refer to group that created to achieve a specific organisation objective or goal and really concern about the coordination of the work activities (Pathak). Usually, formal group is created by the formal authority for some purpose. There are two type of formal group which are command group and task group. 2.2.1. Type Of Formal Group 2.2.2.1. Command Group Also known as the functional group which relatively permanent that have decide by the manager. The manager and the subordinates usually meet to discuss general problems and ask for opinion in improve their productivity...
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...27 THE BASIC TOOLS OF FINANCE WHAT’S NEW IN THE SIXTH EDITION: There are two new In the News boxes on “A Cartoonist’s Guide to Stock Picking” and “Is the Efficient Markets Hypothesis Kaput?” LEARNING OBJECTIVES: By the end of this chapter, students should understand: the relationship between present value and future value. the effects of compound growth. how risk-averse people reduce the risk they face. how asset prices are determined. CONTEXT AND PURPOSE: Chapter 27 is the third chapter in a four-chapter sequence on the level and growth of output in the long run. In Chapter 25, we discuss how capital and labor are among the primary determinants of output and growth. In Chapter 26, we addressed how saving and investment in capital goods affect the production of output. In Chapter 28, we will show some of the tools people and firms use when choosing capital projects in which to invest. Because both capital and labor are among the primary determinants of output, Chapter 28 will address the market for labor. The purpose of Chapter 27 is to introduce the students to some tools that people use when they participate in financial markets. We will show how people compare different sums of money at different points in time, how they manage risk, and how these concepts combine to help determine the value of a financial asset, such as a share of stock. KEY POINTS: Because savings can earn interest, a sum of money today is more valuable than the same sum of money...
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...SHRM FOUNDATION’S EFFECTIVE PRACTICE GUIDELINES Selection Assessment Methods A guide to implementing formal assessments to build a high-quality workforce Elaine D. Pulakos SHRM FOUNDATION’S EFFECTIVE PRACTICE GUIDELINES Selection Assessment Methods A guide to implementing formal assessments to build a high-quality workforce Elaine D. Pulakos This publication is designed to provide accurate and authoritative information regarding the subject matter covered. Neither the publisher nor the author is engaged in rendering legal or other professional service. If legal advice or other expert assistance is required, the services of a competent, licensed professional should be sought. Any federal and state laws discussed in this book are subject to frequent revision and interpretation by amendments or judicial revisions that may significantly affect employer or employee rights and obligations. Readers are encouraged to seek legal counsel regarding specific policies and practices in their organizations. This book is published by the SHRM Foundation, an affiliate of the Society for Human Resource Management (SHRM©). The interpretations, conclusions and recommendations in this book are those of the author and do not necessarily represent those of the SHRM Foundation. ©2005 SHRM Foundation. All rights reserved. Printed in the United States of America. This publication may not be reproduced, stored in a retrieval system or transmitted in whole or in part, in...
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...2016 Level I Mock Exam: Afternoon Session The afternoon session of the 2016 Level I Chartered Financial Analyst (CFA®) Mock Examination has 120 questions. To best simulate the exam day experience, candidates are advised to allocate an average of 1.5 minutes per question for a total of 180 minutes (3 hours) for this session of the exam. Topic Minutes 1-18 Ethical and Professional Standards 27 19-32 Quantitative Methods 21 33-44 Economics 18 45-68 Financial Statement Analysis 36 69-76 Corporate Finance 12 77-88 Equity Investments 18 89-94 Derivative Investments 9 95-106 Fixed Income Investments 18 107-110 Alternative Investments 6 111-120 Portfolio Management 15 Total: 180 By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currentlyregistered CFA candidates. Candidates may view and print the exam for personal exam preparation only. The following activities are strictly prohibited and may result in disciplinary and/or legal action: accessing or permitting access by anyone other than currently-registered CFA candidates; copying, posting to any website, emailing, distributing and/or reprinting the mock exam for any purpose. © 2016 Copyrighted by CFA Institute. All rights reserved. 1. Richard Cardinal, CFA, is the founder of Volcano Capital Research, an investment management firm whose sole activity is short selling...
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