...et al explains how “Employees are told to relax standards as they seek to innovate and, to enhance creativity”. The authors described the four prescriptions that are stimulated among in-dividuals in order to make them more crea-tive which are: New Product Development and Ethics From New Product Development (NDP) to Sustain-able New Product development (SNPD) The present review aims at being a summary of the main academic articles about project in-novation and the ethical considerations behind them. In 2007 Melissa S Baucus expressed her concern for the fact that creativity researchers rarely discuss ethics. Although the num-ber of companies with ethical considerations is increasing and many are considering words such as sustainability and respect to human rights to their values and mission statements, still they are rarely consider in day to day of business planning and Innovation, Creativity, Stage Gate Controls are words which remain with a weak connection to ethics. The lack of ethical considerations has led to the creation of scenarios such as Colombia where multinational companies are developing new systems in order to extract the gold and other minerals hidden under the Colombian soil. Engineering Mining techniques are achieving the immediate goal, extract the material but they are doing it ignoring the more basic ethical considerations and to the cost of destroying both communities and environment. My hypothesis is that we need to include ethical and humanistic criteria...
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...Interstate Transport, Inc. 1. After having some losses because of the difficult situation in the economy on the financed part of its trailer sales we increase the allowance for bad debt $1 500 000 so now it has a $10 000 000 value, affecting the earnings. After analyzing the balances in the parts sales for the more than 6 months category we concluded that only $1 500 000 is collateral, so $2 650 000 was send to allowance. According to NIF c-3 the allowances reduce the earnings result by increasing the sales expenses and reducing the current assets increasing the allowance. 2. For the inventories we switched from LIFO to FIFO, we can do this because generally valuations should be made by FIFO but we didn’t do that and we had a LIFO reserve that includes the difference between the two and now we are going to eliminate that reserve vs COGS. 3. We reduced the depreciation expenses in our facilities taking into account NIF c-6, in which we check the life period of the facilities at the ending of the operating period. We reject the idea of converting the entire company to straight-line depreciation method given that our expectations of future earnings didn’t change. 4. Finally we reevaluate and reduce the spare parts inventory creating an allowance for spare parts, generating sales costs. CEO The idea of giving stock options instead of the payable bonuses would be good for both the company that will have more cash flow and the executives will have options with a value of $780...
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...Random Rants Computer Humor Contact/Search Memo To My Boss The logo for The Embedded Muse For novel ideas about building embedded systems (both hardware and firmware), join the 25,000+ engineers who subscribe to The Embedded Muse, a free biweekly newsletter. The Muse has no hype, no vendor PR. It takes just a few seconds (just enter your email, which is shared with absolutely no one) to subscribe. By Jack Ganssle Published in Embedded Systems Programming, November, 2001 MEMO To: Bob Smith, CEO From: Jake Schmidt Attch: resig.doc Dear Bob, I wanted to respond to your memo of the 16th. Circulated as it was to seemingly half the company I feel we developers are now operating under an insurmountable stigma. Yes, we all know the product shipped late. Very late. You want to know why the schedule was missed so badly, and want an action plan to assure this problem will never reoccur. I was just one of many developers on the project. Others on the team will probably respond with apologetic platitudes. However, you'll note my resignation is attached so I feel no pressure to paper over the very real problems with politically-correct but worthless suggestions. Let me assure you, that, contrary to your strongly-stated opinion, we were not "spending half our time surfing the net for porn instead of cranking code", nor was the team composed of "laggards and slackers." Therein lies the first problem: engineering was treated with contempt and disrespect throughout...
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...Management of Soft Skills @ Campus Placement ABSTRACT Every student pursuing a professional career in engineering/management or any other stream has an ambition to obtain a challenging job in a company of repute (a brand name) and make a successful career. The eligibility of any student for campus placement although decides on the basis of his current and past academic performance (i.e. 10th and 12th marks) but his success in the interview is mainly depend on the technical knowledge and mostly on presentation / communication skill/general awareness. This implies the importance of soft skill knowledge at this stage. Basic campus placement activities conduct in three phases. 1. Technical or subject Test 2. Group discussion 3. Personal Interview A group discussion or GD conducted to test following skill of the candidates. • Interpersonal skill-listening, speaking, receptiveness, team spirit etc. • Clarity of thoughts-knowledge and ability to link known fact • Communication skill- coherence And the interview process to evaluate the candidate on various aspects such as goal, attitude, and motivational level ability to react the situation etc. This also helps company to assess the cultural fit between the company and students. This paper will elaborate on exact soft skill required for the students who are ready for placement i.e. final or pre final year students of the college based on four important factors...
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...Information security is always at risk from both external and internal sources attacks, both malicious and naïve. Any information located on a computer, especially one that is utilized by a human being is not one hundred percent secure from malicious activity. A person occupying a computer is more likely to be at risk to be infected with viruses, Trojans, and malicious software. This is because an employee may unaware that his poker playing website contains malicious software that is currently being downloaded onto his work computer. This is where an incident response plan comes into play in case of something like this may come along. The intentions of an incident response plan are to mitigate the damage caused by misappropriation or mistreatment of a corporation's workstations or system assets and to thwart the forfeiture of or impairment to electronic communication assets (UC-Davis, 2001). There are many reasons for using an incident response plan such as how attacks can be handled more efficiently, therefore the loss or damage is reduced. This builds confidence with shareholders and cuts losses to the company’s bottom line, or profit. Information on current standards, hardware, software, and procedures, is enhanced. Since there is a current plan in place the only thing that can happen is that improvements are made to the flow of the steps taken to the incident response team. This will reduce the chaos of responding and everything will run more smoothly boosting...
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...MEMO TO: Class FROM: Jennifer DATE: November 13, 2012 SUBJECT: Chrysler Business Profile Here is the Business profile that you requested on Chrysler LLC, on November 09, 2012. Chrysler is committed to fostering cultural and global diversity, and dedicated to protecting the environment for current and future generations. Chrysler LLC 1000 Chrysler Drive Auburn Hills, MI 48326 Phone: 248-576-5741 Annual Sales: $55 Billion Total Employees: (June 2012) 64, 200 Primary Line of Business: Automotive Major Brands: Chrysler, Jeep, Dodge, Ram, SRT, Fiat, and Mopar Manufacturing Facilities: (December 2011) * 12 Assembly * 7 Engine * 3 Transmission * 10 Stamping, Casting, Machining, Axle, Tool and Die Management Directory * Sergio Marchionne, President and Chief Executive Officer * Doug D. Betts Vice President of Quality * Laurie A. Macaddino, Vice President of Audits * Nancy A. Rae, Human Resources Executive Business Profile Chrysler Group LLC is an American based multinational automaker, in global strategic alliance with its majority owner, Italian manufacturer Fiat, since 2009. Chrysler first organized as the Chrysler Corporation in 1925. Its core brands are: Chrysler, Jeep, Dodge, Ram, SRT, and Mopar vehicles and products. The company is headquarted in Auburn Hills, Michigan, United States. On June 10, 2009, Chrysler LLC emerged from a government backed chapter 11 reorganization as Chrysler Group LLC, in alliance...
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...A. Memo of Case Social engineering is a method of gaining access to information by deception performed against human capital. System penetrators and ‘crackers’ know that people, and their desire to be helpful, or their ability to emote, are the weakest links in any program designed to protect information systems. Attackers can trick or persuade their way into systems in any number of ways via remote and physical means, and convince users to reveal information of interest that can cause harm to an organization. A typical social engineering attack can be segmented into physical and psychological stages. The physical segment of the social engineering operation could include phone calls, or returned phone calls from employees back to the attacker (an example of reverse social engineering) that volunteer information, ‘dumpster diving’ for company specific information that can be used to simulate a rapport or relationship with the company if questioned by an employee or security, emails with surreptitious links requesting unique information such as PIN’s or user names, or physical proximity and entry by impersonating an authorized person. The psychological stage of a social engineering attack takes place after the physical foot printing of the organization by using the bona fides that were learned while gathering physical intelligence to manufacture relationships with persons or the company, or by asserting false authority by impersonating persons or departments within the company...
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...trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Course Description This course covers the fundamentals and best practices of using written communication in business and in the information technologies. Topics include strategies, techniques for producing emails, memos, reports, proposals, project specifications, and user manuals, as well as other technical documents. Course Topics & Objectives Week One: The Technical Writing Process • Identify how writing methods are used in the corporate environment. • Discuss collaboration in the modern enterprise. • Identify collaborative technologies. Week Two: Technical Writing in the Corporate Environment • Identify intellectual property issues in the corporate environment. • Discuss the role that audience plays in technical writing. • Design a memo with appropriate formatting for the corporate environment. Week Three: Writing Reports and Proposals • Implement effective document design in technical...
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...An Analysis of McDonnell Douglas’s Ethical Responsibility in the Crash of Turkish Airlines Flight 981 The Memorial of Flight 981 at Ermenonville (Johnston, 1976). Executive Summary In 1974, Turkish Airlines Flight 981 experienced a mid-flight cargo door failure which led to the first total loss of a wide-bodied aircraft in history. The aircraft was a McDonnell Douglas DC-10, and this tragedy was compounded by the fact that sufficient corrective action had not been taken by the manufacturer after precursory failures had occurred over the four previous years. The purpose of this report is to evaluate the ethical nature of McDonnell Douglas’s decisions throughout this crisis, discerning their priorities with regard to safety and financial gain, and to assess if these qualities have changed in response. The origin of this catastrophe lay in a poor handling of design and manufacturing. The cargo door’s design employed faulty philosophies, and decisions regarding its manufacture were driven by savings at the expense of safety. However, though the door’s faults were later exposed, a more serious problem involving the tail control lines in the passenger floor was continually overlooked until the crash. This was due primarily to a policy of using old design strategies which met minimum federal requirements. The company oversimplified the control lines’ failure mode when confronted with it in ground testing and, being committed to their own design, were unable to...
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...Challenger Disaster Research Paper Space Shuttle Challenger was first called as STA-099, and was built as a test vehicle for the space program. But despite its Earth-bound beginnings, STA-099 was destined for space. In 1979, NASA awarded a contract to Rockwell, a space shuttle manufacturer to convert the STA-099 to a space orbiter OV-099. After completion of OV-099, it arrived at the at NASA's Kennedy Space Center in Florida in July 1982, bearing the name "Challenger." Space Shuttle orbiter Challenger was named after the British Naval vessel HMS Challenger that sailed the Atlantic and Pacific oceans during the 1870s. Challenger launched on her maiden voyage, STS-6, on April 4, 1983. That mission saw the first spacewalk of the Space Shuttle program. The NASA had planned for a six day flight, and their mission was to release and retrieve one satellite to study Haley’s comet, and to launch another satellite that would become part of the space communications network. Challenger was originally set to launch from Florida on January 22nd. But delays in STS-61-C and bad weather caused it to reschedule to January 23rd, 24th, 25th, and 27th. On January 28th 1986, the space shuttle was set to take off, but the launch time was delayed due to problems with the...
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...WayerskiLMGT7019-8-3 | . ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- August 17th, 2013 3 The year was 2002 and Tyco International LTD chairman of the board and also serving as the Chief Executive Officer, Dennis Kozlowski announced his resignation due to soon to be accused of 30 counts of fraud to the amount of $150 million. That wasn’t the only thing that Kozlowski took in addition he embezzled over $400 million dollars between private stock sales, unauthorized loans, unapproved bonuses and frivolous spending during his hierarchy (Kaplan 2009). Kozlowski was employed with Tyco for over 27 years and was an intricate force of their development of becoming one of the most successful U.S companies with a worth of over $100 billion. Kozlowski was becoming a leader to watch due to his success at leading Tyco. Kozlowski was also second highest paid CEO in the U.S at 170 million annually (Kaplan 2009). Kozlowski quoted about his leadership style “I really believe in finding the best people in the world to run our businesses. We are very decentralized and leave...
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...and the gradual scarcity of resources have come to light as major disruptions in the business environment. These challenges have opened up new opportunities for companies to sell solutions to these problems. Businesses prosper with the motive of growing their profits at an infinite rate. But environment considerations should not be left while garnering those profits. The role of Environmental ethics come into play here which focuses on the MNCs' ethics in running their businesses as well as keeping the environment untouched to the extent possible. Environmental Ethics The field of Environmental Ethics has grown since the early 1970s. The scholars who have categorized the natural environment include Alan Marshall and Michael Smith. Marshall has used the following terms to describe these categories: Libertarian extension, which commits itself to extend equal rights to the community which consists of humans as well as non-humans, Ecologic extension, which places equal emphasis on human rights as well as the interdependence of all biological objects and their diversity, and conservation ethics, which focuses on the worth of environment only in terms of how it is useful to mankind. The concept of Anthropocentrism places humankind at the centre of the...
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...employment law the five public policy exceptions include the following. The refusal to participate in illegal activity, the employee’s refusal to forsake the performance of an important public duty or obligation, the employee’s refusal to forego the exercise of a job-related legal right or privilege, the employee’s “whistleblowing” activity or other conduct exposing the employers wrongdoing, and the employee’s performance of an act that public policy would encourage under circumstances where retaliatory discharge is supported by evidence of employers bad faith, malice, or retaliation. Summary of the facts: In the case of Martin Marietta v. Lorenz, Lorenz is suing over the claim of wrongful discharge. Lorenz held a degree in advanced engineering and had at the time of employment complete all of the necessary work for a doctorate in metallurgy except his thesis. Prior to his employment with Marietta in 1972, he had been employed with Boeing Company in Washington for sixteen years working on defense and aerospace projects and specializing in fracture mechanics, which involves the study of the fracture or...
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...TITLE OF THESIS: THE IMPACT OF CORPORATE AMERICA DOWNSIZING FOR BANKS ON CORPORATE ETHICAL STRATEGY THESIS STATEMENT The thesis statement of this research paper is “The impact of corporate America downsizing for banks on corporate ethical strategy”. The paper shall cover issues such as the causes of downsizing, how to go about the downsizing process, impacts of downsizing and measures that can be put in place to curb such adverse impacts to the downsized and those employees left behind at large and ethical issues that relate to downsizing. INTRODUCTION Downsizing is the process whereby companies reduce the number of employees for a short while or for an unknown period of time. Companies downsize due to radical changes in the external and internal environment of the organization such as restructuring of the organization, poor performance of businesses and business processes reengineering .Globalization and collapsing of trade barriers within nations and the cropping up of technology and computerization has compelled companies to downsize. Several steps are necessary for successful downsizing: education, fortifying of the organizations goals and values, trustworthiness and pride every time, designing, and communication. Other vital points to note when conducting downsizing, including putting in place a clear vision and goals, achieving the transition successfully, planning, joint effort, concern and skills. Downsizing has shown to cause family breakup, lowering of self-esteem...
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...Pinto Fires and Personal Ethics: A Script Analysis of Missed Opportunities Dennis A. Cioia ABSTRACT. This article details the personal involvement of the author in the early stages of the infamous Pinto fire case. The paper first presents an insider account of the context and decision environment within which he failed to initiate an early recall of defective vehicles. A cognitive script analysis of the personal experience is then offered as an explanation of factors that led to a decision that now is commonly seen as a definitive study in unethical corporate behavior. IThe main analytical thesis is that script schemas that were guiding cognition and action at the time pre.cluded consideration of issues in ethical terms because the scripts did not include ethical dimensions. In the summer of 1972 I made one of those important tran.sitions in life, the significance of vifhich becomes obvious only in retrospect. I left academe with a BS in Engineering Science and an MBA to enter the world of big business. I joined Ford Motor Company at World Headquarters in Dearborn Michigan, fulfilling a long-standing dream to work in the heart of the auto industry. I felt confident that I was in the right place at the right time to make a Dennis A. Gioia is Associate Professor of Organizational Behavior in the Department of Management and Organization, The Smeal College ofBusiness Administration, Pennsylvania State University. Professor Cioia's primary research and writing focus of...
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