...Memo addressing core issues on topic of Ethics in Finance Winter 2011 Hsiu Chang Ethic is useful because it makes business stable and predicable. In a game, a cheater who is not caught will continue to reap huge rewards. However, if the trend continue, it will encourage other players to cheat or leave the game because they are being driven out of business. If a business operator always has to wonder if the other side is playing by the same rule, if a customer constantly wonder if the vendor is overcharging for the invoice, then business slow down, becomes inefficient. However, many cheaters are not caught or punished. "Business Ethics" is the third episode of the fifth season of the television series The Office. One of the female purchasing officer has been sleeping with a vendor in order to get discount for the entire purchasing department, and Outback Steakhouse coupons. When this is discovered, the head of the company turned a blind eye because it is good for the balance sheet (Wikipedia, 2011). Having good ethic provides a clear conscience, and if there was an ethical problem, shared the advantage gained by cheating with the entire team will once again clear the conscience. Ethic in finance is important because it will provide a clear picture of the company. The leader of the company cannot see where the company can go if they do not know where the company is. However, accountant in a non-public company works for the leader and this agents’ fiduciary duty...
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...Business Case for ------------------------------------------------- New Induction Program <By Rudolf Dayao> <S3239566> ------------------------------------------------- Table Of Contents 1. Executive Summary…...…………………………………………………3 2. Activity Objectives………………..………………..…………………….4 3. Recommended Solution……….…………………………………………5 4. Impact if the Activity is not Approved………………………………….6 5. Solution Deployment & Time Scale………..…………………………...7 6. Cost & Resources………….……………………………………………..8 7. Conclusion………………………………………………………………..9 1. Executive Summary This business case has been prepared to analyse the need of an Induction Program at Advantedge Financial Services and to recommend ways of conducting the program. Advantedge Financial Services has been operating for over 10 years, and while it has been a relatively small company in the past, its growth in conjunction with National Australia Bank acquiring the entity this has expanded the company and its business to unprecedented levels. Currently, Advantedge Financial Services does not have any Induction Programs in place, as it has been unnecessary in the past due to its low profile persona. However due to its expansion the company has employed a high number of staff to accommodate the increased volume of work that the business has acquired. This past year alone Advantedge Financial Services has hired over 50 staff including 10 Co-Op students around the company...
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...I. Problem statement What should Mr. M. Lacdao do with Sylvia Gregorio’s offer of resignation as analyst of Center for Energy Research and Development’s Solar section brought about by absence of organizational value system? II. Objectives: 1. To be able to establish camaraderie and rapport among employees of the center. 2. To be able to continue to attract the best and brightest employees. III. Analysis This is about the circumstances why Sylvia Gregorio wants out of CERD. It not just answer the question of job dissatisfaction but also the outline the steps to take in order to align employee values with that of the organization and what its visions are. It takes into account the recognition of talent, efficiency at work and the values that employees must develop in order to create an organization that encourages camaraderie, rapport and team success rather than being confined to few individuals or gender-equality, efficiency at work and recognition of job accomplishment. At the same time, her negative behaviors about her being unsatisfied with her work as an analyst gives away to complaints and other issues about job inefficiency. IV. Alternative course of solution 1. On promotion of Sylvia Gregorio as head of Solar section: Advantages: • Talent retention • Job satisfaction resulting in increased productivity and boredom at work. Disadvantages: • Resistance to authority due to masculine dominated workplace and lack of respect 2. On the reassignment of Sylvia Gregorio...
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...Activity 1 (part 1 of 2) (Note: The CIPD Human Resources Profession Map (HRPM) can be accessed at: www.cipd.co.uk/cipd-hr-profession/hr-profession-map/explore-map.aspx ) Write a report in which you: Briefly summarise the HRPM (i.e. the 2 core professional areas, the remaining professional areas, the bands and the behaviours) The (Human Resources Profession Map (HRMP) is designed to show what best practice might look like within all areas, and across all levels of Human Resources (HR) and Learning and Development (L&D). Information on this map is shown (below) by a circle made up of a core and 3 layers, and also 4 bands which are displayed to the side. Starting from the core, I’ll work my way out through the layers to the outer edge of the circle, and then discuss the bands, one by one. The core of the circle is applicable to all HR professionals, and is central to all roles. There are two aspects of the core – the very centre, labelled, ‘Insights, strategy and solutions, and the ring around this, which is defined as ‘Leading HR’. The centre reminds us that the HR professional have continuous awareness of business strategies and areas of weakness and have the skills and capability to provide genuine business solutions that fit with organisational values. Professionals should be able to consider a range of needs and factors, such as customer needs, financial constraints and political climate. This links closely to ‘Leading HR’ which follows, as to be in a position...
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...Assignment 2: Human Resource Strategy BUS 508 May 16, 2015 Assignment 2: Human Resource Strategy Good Human Resource strategies are imperative for any organization to successfully meet its ultimate goals. This case study will discuss the mission, vision and Human Resource strategies of Burns and McDonnell and Cisco Systems and analyze how both companies can improve their strategies to help them excel in their industries. Compare and contrast the two (2) industries you have identified in terms of size, products, services, customers, economic and regulatory environment. Burns & McDonnell is an engineering design company with more than 5,000 employees (“About Us,” 2015). The company provides engineering, architecture, construction and consulting services for health care, aviation, defense and utilities markets (“About Us,”,2015). Burns & McDonnell is not a product company. It is an engineering company that designs solutions for clients. Some examples include boiler design and installation, building a cellulosic biorefining plant, and design of a microbiology lab. Their customers include healthcare industry companies, power energy companies, aviation companies, IT and construction companies, including clients like Duke Energy, American Airlines and the U.S. Navy (“Burns & McDonnell,” 2015). Burns & McDonnell is part of several governing security regulatory boards. The company's regulatory environment includes Chemical Facility Anti-Terrorism Standards, Emissions...
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...What are the core competencies and end products of IKEA? How are they linked with each other? IKEA is capable to design its products in-house; therefore they can reduce their costs because outsourcing their product designing is much cheaper. Despite that they’re designing its product itself, people find it still attractive enough to buy IKEA’s products. Also their furniture and packaging is designed in such a way that it’s easily transportable (‘flat packaging’1) for both customer and IKEA. The assemble-it-yourself furniture, together with the flat packages, reduced space requirements in logistic operations, which lowered the costs either.2 To maintain their low-cost strategy they have to manage an international low-cost supplier network. By 2004, IKEA’s network of international low-cost suppliers had grown to the point where it had 43 trading service offices in 33 countries.3 By well thought allocation of their warehouses and stores they managed to reduce costs even further. So we can conclude IKEA is capable of sustaining its low costs, by managing, establish and designing its supplier network in such a way that IKEA achieves lowest costs in logistics. Even though they’re capable to establish a low-cost supplier network, IKEA is also capable of designing its furniture in such a way that it “fits the IKEA concept of form, function and price”4, “for example the OGLA chair which initially was made of wood but eventually is made out of hollow...
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...Charles & Keith's greatest asset are its people. With this belief, the company requires a passionate team with the following values to govern the company: Unity Integrity, Respect and Openness Passion for Perfection Customer Focus Inspire & Empower People Core values form the foundation of the corporation’s management structure, while aspiring qualities which include an enterprising and a fighting spirit are needed to create a formidable formulae. What is more, we are characterised by our dedication and commitment to our work. Hierarchical barriers are kept to a minimum within the company structure, promoting, among other things, a more direct and respectful interaction between all collaborators. At Charles & Keith, we promote continuous sharing, exchanging and contributing of ideas. This basis forms the daily dosage of management, coupled with leading by example, and creating a unique and harmonious working relationship through a cohesive and family oriented environment. Besides the core values, Charles & Keith team is comprised of a group of specialists who constantly strive to improve in their respective professional fields. At Charles & Keith we want our professional staff to develop within the company and to gain more responsibilities over time. For these reasons, training is available for every position to endorse professionals in all fields within Charles & Keith. In this way, greater personal and professional satisfaction is achievable, added to the increasing...
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...Growth strategies By the end of 2013, Lululemon owned 171 stores in the United States and 54 stores in Canada, which means the North America market was reaching maturity (Natalie, O.R. 2014); but this company has its own strategies to expand their home market of North America. Generally, market penetration strategy involves in additionally advertisements, sales and promotions.（Grewal et al., 2012) However, Lululemon takes organic growth strategy, which is being a part of community, and grow organically. For example, when Lululemon choose a local community as their target market, they will open a showroom to attract customers and stimulate customer’s ideas to open a new store in their local community. If Lululemon ensure the local community is profitable, then they will operate a new store. The process of opening a store seems slow, but the store will bring great benefits and strong customer loyalty(Natalie, O.R. 2014). Market development When the North America market reaching maturity, Lululemon started to seek opportunities to expand market internationally. Lululemon planned its expansion into England. Since London has 8.3 million of yoga enthusiasts, Lululemon has a great opportunity to expand into London(Natalie, O.R. 2014). Lululemon first opened one full-sized store in London, and this store brought huge benefits. In the future, Lululemon plans to open four new stores in London. Additionally, Lululemon already owned 29 full-sized stores in Australia and New Zealand...
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...stage of the application, it is vital that candidates can demonstrate the core competencies needed to be effective in the role to which you are applying to. You need to be able to demonstrate that you have the competencies in order for your application to be proceeded to the next stage. Please answer truthfully, as you may be asked to expand on these examples at assessment. Please pay attention to your spelling, punctuation and grammar, as these will be assessed. 1. British Transport Police Officers often have to work in partnership with other organisations to combat crime on the rail network. Who do you see as the key BTP partners in achieving this and why are they our key partners? (100 words max) 2. Are there any other organisations or people you think BTP do or should work with to combat crime? (50 words max) Please provide an example of an occasion when you have had to really understand what others have wanted, for you to help them solve a problem? 3. Tell us briefly what the problem was and how you became involved? (50 max words) 4. How did you know what was needed? (50 words max) 5. What exactly did you do and say? (200 max words) 6. What was the outcome? (50 max words) 7. What do you think the real cause of the problem was? (50 words max) Competencies - Part 2 At this stage of the application, it is vital that candidates can demonstrate the core competencies needed to be effective in the role to which you are applying...
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...Rubrics for Movie Reflection: Stated Objective of Performance Unacceptable Acceptable Target Summary of Film Provided minimal or inaccurate summary of events that occurred during the film. Provided summary of events that occurred during the film. Provided detailed description of events that occurred in during the film. Reflection Did not include a reflection or provided insufficient reflection of the film. Provided a thorough reflection of events that occurred during the film. Provided extensive reflection about events that occurred during film. Description of how movie will affect future career. Did not include an explanation or provided insufficient explanation of how the information gained from this activity will help you as a future educator. Provided a thorough explanation of how the information gained from this activity will help you as a future educator. Provided an extensive explanation of how the information gained from this activity will help you as a future educator. Quality of writing Unclear, unorganized, with writing errors. Does not exhibit APA format: 12 point font, double-spaced, or fewer than 3 pages in length. Clear, organized, with no writing errors. Exhibits APA format: 12 point font, double-spaced, 3 pages in length. Clear, organized language, with no writing errors. Exhibits APA format: 12 point font, double-spaced, 3 pages in length. Exemplary expression Overall Movie Review Assignment Sheet: Analysis Grading Sheet Introduction: 5 –...
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...via Supermarkets. While they maintain the largest market share, the market (all customers) is becoming more diverse and restrictive. The Market Analysis report put forth by Brannigan’s Analyst in 2012 highlights the United States trends in soup consumption and sales. The analysis provides no real customer feedback however, it does report extensive sales data for Brannigan as well as the industry. Brannigan has core customers and core products (Ready to Eat (RTE) soups both wet and dry) that have supported their research, development and new growth opportunities for many years. These core products are reported to contribute 86% of the current profits to the division. Brannigan reports declines in sales of 1-2% per year. Despite the decrease in the sales of their core products Brannigan was able to maintain the profitability by increasing the cost to the customer. They are now at the point that competitors private label growth is surpassing their sales for the “same” products. Their core business is at risk. Bert Clark, over the years had built a Core Leadership Team of highly competent operators, leaders and lane owners. In an effort to solve the division’s problems he posed questions to his team alongside the data analysis as a means to provoke thought, solicit ideas and solutions. All four of his leaders proposed very thoughtful solutions with specific suggestions that considered their scope of influence. The best solution...
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...Rima Begum ‘How far do you agree that Hero is presented as an ideal women in act one and act two?’ Hero is presented as an ideal women in act one and act two through the way other characters describe her, what Hero says and what she doesn’t say. However Beatrice’s non-conformity leads to ambiguity when trying to categorise her as an ideal women. The way other characters describe Hero presents clearly as her being an ideal women. “Is she not a modest young lady?” This quotation reveals one reason why Claudio admires hero as he claims that she is a modest young lady. He admires her for the respect and value she gives to others and in a sense it tells the audience that she is from a respected background. “That she is worthy, I know” This quotation has connotations or worth and value, ideally it is showing that Hero is following the rules and duties of the conventional women as other characters such as Don Pedro recognises them and through his statement it portrays her that way. Through what Hero says presents clearly as her being a ideal women. At the start of act two, Beatrice referred to Don John as being so sour and tartly looking that it gave her heartburn. Whereas Hero sympathises towards him and claims that; “He is of a very melancholy disposition” This quotation tells the audience that she is considering the sad position that Don John is in, even knowing that he is illegitimate. This also relates back to act one when Hero corrected Beatrice when she...
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...感： 这是一个不错的片子，看完后只是觉得克里斯托弗是一个彻彻底底的激进派人士，同时也是一个勇于去追求梦想的人。他家庭富裕，并且受过高等教育，有一个光明的前程，然而也许也正是因为家庭，让他看到的只是钱和地位压抑着人们，充满虚伪和谎言的社会和家庭让他失望，于是，他选择的是离开它。There is no mask in the wild.到野外生存，抛开面具，自然洒脱的活着，在我看来，他烧掉或者捐出钱是因为他认为钱再某种意义上代表着社会，他恨社会，所以烧了它或者捐出去，让他自己完完全全的摆脱社会，同时也想证明没有钱没有地位一样可以活好。 再去阿拉斯加的旅途中交到了很多朋友，随着和她们的交谈，他的思想也一点点的发生着改变。甚至开始赚钱，从最开始的愤世嫉俗渐渐变得看得开，明白活着要快乐，幸福只有被分享才是真实的！最后，他终于到达了阿拉斯加，到达了这个他追求的地方。在一个废旧的公车上，独自一人。其中一段是当他捕获的牛长了蛆时那样绝望的神情，而变质的肉都被狼吃了，也许到这时他才真真切切感受到一个人的渺小和和无助，曾经胸有成竹的以为自己可以活得潇洒，却在此时发现自然中的生活并不是那么容易，它没有偏袒任何一方。在熬到一百天后，这个超级流浪者走了，看着蔚蓝的天空，想象着去家人迎接他相拥在一起时的温暖，说，我的一生是幸福的。 到了最后，很明显他是发自内心的想回去，至于能不能适应曾经憎恶的社会，我觉得可以，从他离家出走后，对社会的烟雾已经渐渐淡了没了，他重新找到了生活的意义并且可以获得快乐，也许不能马上融入进去，但思想上的改变就一定可以。 另外，我觉得这样应为对社会，家庭的不满就离家出走，至少我认为实不可取的。像他这样的家庭不止只有他一人，一走了之留下了自己的old parents，换一种说法他就是在逃避，而不是面对，也许勇于追求心中所想的是好事，但是换句话说这是一种很不负责任的行为，为什么不能让自己内心变得强大一点？ 父母没没都需要照顾， 这应该是西方思维吧，对于西方文化，自我是很看重的。 刚开始看，我觉得结局他一定回去了，但是没想到看完却有这样的失落感，要是我，我希望他想象的画面会实现，就算一定要他死也可以在家人的爱里死去，不过，悲剧会更令人回味···· Happiness only real when shared! I have had a happy life and thank the lord. goodbye and may god bless all! what if i were smiling， and running into your arms， would you see then， what i see now ? It is a good film that really stimulate our deep thought. I think Christopher was absolutely an extremis and a person who dare to pursue his dream After I watched this movie. he is a man who have a bright future with higher education and has a wealthy family. However ,due to his family ,perhaps ,he only...
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...FORGIVE and YOU WILL BE FORGIVEN. Without forgiveness, there is no growth, and without growing, there is no learning, and without learning, we do not ever mature. One should not forgive everything. A balanced perspective on forgiveness would suit best, for not all things can be easily forgiven. One can forgive when the other is expressing true remorse for his deed as long as his deed does not surpass the reasonable boundaries of forgiveness. Forgiveness should stop when the deed (done with intention) constantly and permanently alters your trust in that person. Forgiveness shall not be granted to the one who commits murder, rape and other abominable deeds.Do you believe you could and should forgive someone for killing a family member? For rape? For wide-scale massacre? Just something to think about. I'd like to try and give you some thoughts, but it would be easier if I knew exactly what your thoughts were. If you are encouraged to write in first person and make it really personal, maybe you could work in a story from your life where you forgave someone, or where someone forgave you, and how that affected things? Forgiveness is needed to put the past into the past. To remove yourself from a frame of mind that holds you back. Only in forgiveness do you free yourself from the shackles of another person's wrong actions. To forgive, you must first accept your responsibility for provoking the other person, intended or not. However, the act was not totally yours, thus you must...
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...This movie is about a lawyer who is assigned to defend a two marine who are accused of murdering they’re fellow marine. These movie leave us a question that everyone should know, should you follow an order from a superior even though you know that it is not right? My answer for this question is NO, because even if he is your superior he still can’t do something that is against the law. We people should know that we have the right to do what we think is right, because if we would only follow orders without thinking, we will all lost our honor. Because honor can be gained if you have a courage to fight for the right thing. This can be compared to the story of Antigone, who defied the law to give his brother Polyneices a proper burial even though he was a traitor to Thebes, Antigone still defied the law because he thinks that it is the right thing to give his brother a proper burial even if she knows that there would be some consequences just like the two defendant who received an order from a superior that is against the law but they still follow the orders because they think that it is right to follow orders. That’s why they refuse to fight for the case because they think that they just follow an order and will accept whatever punishment it will cost. But later on they realized that it is also their duty to protect and help Santiago that they failed to do. This movie can also be relate in Angelo Reyes case who become coward to reveal the truth just like Lt Col. Markinson who...
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