...At first glance, the opportunity that holds the last amount of financial obligation to the assisted living facility is hosting children from the local daycare, but will this option meet the needs of the restless residents; probably not. Establishing a resident council to make activities decisions is the next logical cost effective solution. According to Formica (n.d.), often times those who complain “just want you to fix the problem,” but the better course of action is to “stop being the problem fixer and help them solve their own” complaints (para.8). While attempting to establish a resident council in the past has not proved successful, utilizing the residents who are the most dissatisfied to alter the course of resident activities might offer an advantage for ensuring greater success with its formation and future...
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...Managing Corporate Integrity Yiyang Zheng BUSA 552 Dr. Kerlin May 7th, 2015 INTRODUCTION This paper will review the ethical business practices of Duke Energy in the light of the recent Coal-Ash spill. It will review ethical principles, business considerations, stakeholder impact, and the company’s internal policies related to preventing environmental damage. The thesis of this research essay is that Duke Energy did not only suffer financial loss due to being made to pay a fine for environmental damage, but also the company’s actions negatively affected its reputation and share price. Therefore, companies should carry out ethical practices and risk assessments to best serve the needs of all stakeholders. BACKGROUND INFORMATION In February, 2014, Duke Energy released a high amount of coal ash into the Dan River, Rockingham County, N.C., which violates the Clean Water Act (CWA) (1972). The CWA is a waste-water and pollution reduction programs, setting guidelines and regulatory standards for different industries (EPA). Specifically, The CWA of 1972, amended in 2002, states that “it is the national policy that the discharge of toxic pollutants in toxic amounts be prohibited” (Clean Water Act, SEC. 101.3). Duke Energy was found guilty on nine misdemeanor violations (Smith) and was ordered to pay compensation. As a result, Duke Energy’s leadership agreed to pay $102.2 million for the damages caused, and the CEO confirmed that the company took responsibility...
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...company’s fiscal health, financial status and market position within any specific period (Thomsett, 2007). Annual reports hold a great importance for organization, especially when the organization is owned by multiple owners or is a public limited firm (Thomsett, 2007). To develop the prospect of the company there is a need for a document like an annual report which gives year after year information about the company performance and growth tactics (Thomsett, 2007). There are different reasons of why enterprises give importance to annual reports. Some of the reasons include clean market analysis, comparative financial assessment and productivity analysis which is no other possible if there are no annual reports to compare. It has been that in markets where there is a major population of investors and share holders then enterprises come out regularly with the activity of reporting (Stittle, 2003). Enterprises know that by announcing their financial health (annual report) publically, they are able to connect to their shareholders, distributors and investors, which is very important for both growth and expansion of the business. Meanwhile, annual reports also assess market position as by expressing financial numbers the feedback of market (consumer, investor, shareholder and competitor) is testified and generated (Stittle, 2003). This study is going to access the importance of annual reports in terms of market analysis, productivity analysis and financial health assessment. The...
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...2.1Introduction This section discusses some empirical and theoretical literature on the effect of credit risk management on financial performance, and introduces an overview of BancABC and its credit risk management practices 2.2Brief Company overview ABC Holdings Limited is the parent company of a number of banks operating under the BancABC brand in Sub-Saharan Africa, with operations in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe. A group services office is located in South Africa.Historically, BancABC was a merchant bank offering a diverse range of services including wealth management, corporate banking, treasury services, leasing, asset management, and stock broking.ABC Holdings had Its primary listing on the Botswana Stock Exchange, and a secondary listing on the Zimbabwe Stock Exchange (BancABC annual report 2009) During 2014, the ABC Holdings Group was acquired by Atlas Mara. As at 31 December 2014, Atlas Mara had a 98.7% equity stake in ABC Holdings, held directly (60.8%) and indirectly (37.9%). Subsequent to the takeover, ABC Holdings was delisted from the Botswana Stock Exchange on 30 January 2015, and from Zimbabwe Stock Exchange on 12 February 2015.Atlas Mara is a British Virgin Islands registered company with a standard listing on the London Stock Exchange(BancAbc Annual report 2014) The seeks to review the credit risk management methods implemented by the bank . Definition of terms 2.3.1Credit According to Onyeagocha (2001), the term credit...
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...Case Study Analysis The Case of the Unhealthy Hospital Submitted by: Date: Contents Introduction 3 Reid to Demonstrate Strategic Leadership Qualities 3 Strategic Planning 4 Invest in Clinics 4 Better Working Relationship with Stakeholders 6 Create Separate Governing Council 6 No Staff Reduction 6 Industry Experts Advise 7 Dan Pellegrini 7 Ellen Schall 7 Keith F. Safian 8 Jane Delgado 8 Bernard Lachner 8 Conclusion 9 References 10 Introduction Bruce Reid has been recently appointed the CEO of Blake Memorial Hospital, which is facing a tough time. The hospital’s financial health was not good; it suffered from rising costs, static revenue, and declining quality of care. Bruce Reid found his assignment far more challenging than he anticipated while taking over the responsibility. Currently the challenges in front of him are to improve the quality of healthcare services and the financial health of the hospital. Reid has less than a week to finalize his $70 million budget for approval by the hospital’s board. One major issue he needs to address is the future of six off-site clinics, which are incurring losses. He needs to arrive at the conclusion to close them or continue operating them as he is stuck between Blake’s responsibility to serve the uninsured on one hand and to remain viable and self-sustaining on other hand. To arrive at the conclusion he has been advised by few industry experts. Reid to Demonstrate Strategic Leadership Qualities ...
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...Open University of Malaysia WORKPLACE ENVIRONMENT AND ITS IMPACT ON EMPLOYEE PERFORMANCE A study submitted to Project Management Department in Saudi Aramco BY Nowier Mohammed Al-Anzi Open University of Malaysia 2009 i Open University of Malaysia WORKPLACE ENVIRONMENT AND ITS IMPACT ON EMPLOYEE PERFORMANCE A study submitted to Project Management Department in Saudi Aramco Nowier Mohammed Al-Anzi 51060418 Project Paper Submitted in Partial Fulfillment of the Requirement for the Degree of Master of Business Administration Open University of Malaysia 2009 ii DECLARATION Name Student's Number : Nowier Mohammed Al-Anzi : 51060418 I hereby declare that this project paper is the result of my own work, except for quotations and summaries which have been duly acknowledged. I hereby verify this research has not been submitted in substance for any other degree. Signature:ــــــــــــــــــــــــــــــــــــــــــــــ Date: ـــــــــــــــــــــــــــــــــــــــــــ Supervisor Name: Mr. Iqbal Singh Kaundali Signature:ــــــــــــــــــــــــــــــــــــــــــــــ Date: ـــــــــــــــــــــــــــــــــــــــــــ iii APPLICATION TO CONDUCT RESEARCH PAPER PART A: STUDENT PARTICULAR 1. Name Student’s Number : Nowier Mohammed Al-Anzi : 51060418 PART B: PARTICULARS ABOUT THE PROJECT 1. Title of the project : Workplace Environment and Its Impact on Employee Performance : To determine the...
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...INFLUENCE OF PERSONAL AND ENVIRONMENTAL FACTORS ON LIFE SATISFACTION IN THE ELDERLY Table of Contents Page 1. Introduction……………………………………………………………………………………… 3 2. Discussion……………………………………………………………………………………….. 3 2.1 Environmental factors associated with life satisfaction………………………………….. 4 2.1.1 Social support…………………………………………………………………………… 4 2.1.2 Socioeconomic factors…………………………………………………………………. 4 2.1.3 Neighbourhood structure………………………………………………………………. 5 2.1.4 Facilities and resources………………………………………………………………... 5 2.1.5 Involvement in activities………………………………………………………………... 5 2.2 Individual factors and life satisfaction……………………………………………………... 6 2.2.1 Personality and character traits……………………………………………………….. 6 2.2.2 Physical health………………………………………………………………………….. 6 2.2.3 Financial resources…………………………………………………………………….. 7 2.2.4 Locus of control…………………………………………………………………………. 7 2.2.5 Personal autonomy…………………………………………………………………….. 7 2.2.6 Social engagement and sense of connectedness………………………………….. 7 3. Conclusion………………………………………………………………………………………. 8 4. References……………………………………………………………………………………….8 PYC4805 ASSIGNMENT 4 - Page 2 THE INFLUENCE OF PERSONAL AND ENVIRONMENTAL FACTORS ON LIFE SATISFACTION IN THE ELDERLY 1. Introduction. There is a dearth of material on life satisfaction, and in particular, life satisfaction among the elderly and the various factors that contribute to it. This discussion therefore presents an attempt to examine the literature and to summarise and group the key...
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...drive operational efficiencies and minimize IT spend on their application portfolios. However, several factors — including the expanding size and complexity of the application portfolio, poor license management, rising total cost of ownership and increasing inflexibility — are challenging many organizations to adapt to the rapid changes in the business environment. Many IT organizations are working to lower the percent of the budget spent on operations and maintenance, which tends to hover at 70% or above, according to industry estimates. This paper provides a methodical approach, with embedded critical success factors, for application portfolio rationalization. It also describes a robust model for assessing the business value, technical health and strategic fit of the application estate, as well as prescribed solutions, such as decentralization of the software/application procurement function and other overlooked components of cost avoidance in the portfolio. A comprehensive approach allows organizations to utilize the residual business value of the existing portfolio, which frees key resources and funds to support a focus on high-value opportunities. Application portfolio rationalization leads to other cost and business benefits realized through quick cost savings, reductions in total cost of ownership (TCO), heavier reliance on more flexible Op-Ex models, maximization of ROI to drive long-term business value and architectural alignment. If executed correctly, our approach eliminates...
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...| | |BM 0210 | | | |Reward Management | |By Rebecca Ambler | BMO 0210 – CIPD Reward Management This assignment will critically evaluate reward philosophy, strategy and policy in Genix Healthcare Ltd. The Key economic, psychological and motivational theories that influence reward policies and practices will be identified as should the factors that influence employee satisfaction with our rewards and the reward system such as equity, fairness, consistency and transparency. Overview of Company Genix Healthcare is the UK’s fifth largest dental corporate company, founded in 2005 Genix was set up to address the shortage of NHS dentists in the UK by providing easy access to affordable dental care. In 2006, Genix Healthcare bought its first dental clinic in Garforth, Leeds. To support the local community Genix became the main sponsors of Garforth Town Football Club...
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...Increasingly, children are growing up in cohabiting households, rather than with married parents. Nearly 20 percent of births today are to cohabitating parents, according to Susan L. Brown at the Center for Family and Demographic Research.Almost 40 percent of children will spend time in a cohabiting household by age 16. Living together is now common, but it is not without consequence—particularly for children. The effects of this family structure on children are just beginning to be understood. However, initial research by Brown and others suggests cohabitation is generally a less stable family structure than married couple or single-mother households. While there is some evidence that children in cohabiting households fare worse than those in married or single-parent families on several key indicators (Manning & Lamb, 2003), what is less clear is why. Do these negative outcomes stem from something inherent in the family structure? Or are these effects due to the types of parents who choose to cohabit (rather than to the experience of cohabitation itself)? How does living in a cohabiting household affect both children and adults? Impact on Children Development Spending extended time in cohabiting households at an early age is linked to slowed cognitive growth and language acquisition in children. Brown notes that even in stablecohabiting households, children show smaller gains in mental development. The Urban Institute finds children in cohabiting homes are also less...
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...Phoenix-Online February 27, 2008 Capital Budget Policy and Process Capital budgeting is the process by which capital investment decisions are made. Capital can be described as an organization’s operating assets (Diamond, Hanson &, Murphy, 1994). The capital budgeting process includes "planning, setting goals and priorities, arranging financing, and identifying criteria for making long-term investments" (Diamond et al., 1994, p. 463). Previously, capital budgets were known as plant and equipment budgets (Berman, Kukla &, Weeks, 1994). As the previous term implies, most capital expenditures are long-term investments for plant or equipment investments. Most, if not all, organizations have limited financial resources and must decide how to invest the financial resources for the best advantage of the organization. Capital investment decisions have a significant impact on the organization since large amounts of the organization’s resources are at risk for extended periods of time. This makes capital budgeting one of the most important decision making opportunities an organization can undertake (Diamond et al., 1994). There are two basic types of capital budgeting projects, independent projects and mutually exclusive projects. The independent project does not affect the cash flow of other projects. That is, regardless of whether the project is accepted or rejected it will have no effect on any other specific project. Mutually exclusive projects, on the other hand...
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...Career Counseling Term Paper [SCHOOL NAME HERE] [YOUR NAME HERE] [DATE HERE] Person-in-Environment The person-in-environment theory concentrates on the situation one may find him or herself in over the course of one’s life. For example, various life stages may include preparing to graduate from high school, going into college, graduating from college, getting married, buying a home, having children, and so forth. These various situations impact the person in different ways. Also, the social context in which the person experiences these stages is also relevant. For example, if a person is entering college and is seeking employment in an area in which other people of the same age are not seeking higher education, there will be some conflicting priorities, needs and abilities that the person will encounter and have to cope with. Another term used to describe the person-in-environment theory is “ecological system” (Zunker, 2012, pg. 57). While this term is more commonly used when talking about flora and fauna in the wild, it is very applicable to career counseling as well. The career world is often congruent to that of the animal kingdom. There are hierarchies, competition for resources, and inevitably someone thrives and someone fails. By focusing on this corresponding model as an analogy to how one’s career may evolve over time and through various obstacles, a career counselor can help a person to focus on external issues and how to best handle them. This is...
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...threat of substitute products or services and the intensity of competitive rivalry (Porter, 1979). To enter into a new market, ORANA has to be aware of the current market situation and the state of the competition. The Danish manufacturer has to make a research on these five forces and get to know the more they can about the state of the competition. To get the proper information they have to make market research, going to the field or find a partner from Peru and New Zealand who they trust and provide them reliable data. For further research it is advisable to follow the PESTEL analysis which gives an overall image of the countries in question. The first of the five factors is the political one. Here, ORANA has to consider the political stability, the degree of government intervenes in the economy, the certain trade restrictions and tariffs they have in the...
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...THE RELATIONSHIP BETWEEN ORGANIZATION COMMITMENT, JOB SATISFACTION AND JOB ENLARGEMENT Name Id Email FAIZAN HUSSAIN 8141 faizanhussain_ca@hotamil.com Name Id Email WALEED AHMED 8144 waleed_taurus@hotmail.com Name Id Email Rizwan Tahir 7892 rizva9@gmail.com Name Id Email Sheikh Zeeshan Ali 7095 Sheikh_Zeeshan_Ali@hotmail.com Submitted to: Tehseen Jawaid THE RELATIONSHIP BETWEEN ORGANIZATION COMMITMENT, JOB SATISFACTION AND JOB ENLARGEMENT Abstract This study examines the relationship between job enlargements, job satisfaction and organization commitment in an organization. In today’s global economy, organizations incorporate programs like total quality management, employee involvement, job enrichment, skill-based pay, gain sharing plans to gain a competitive edge. 60 Questionnaires were applied the data was analyzed based on SPSS version. Regression analysis were used, based on our respondents the result shows that there is a significant and positive relationship between organizational commitment and job satisfaction and on the other hand there is insignificant relationship between organizational commitment and job enlargement .The results supported our hypothesis for job satisfaction which there is a positive relationship between organizational commitment and job satisfaction, however, results didn’t supported the hypotheses that are posited for this study in respect of job enlargement which is there is a positive...
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...Process for Changing Organizational Culture Kim Cameron University of Michigan Much of the current scholarly literature argues that successful companies--those with sustained profitability and above-normal financial returns--are characterized by certain well-defined external conditions. These conditions include having (1) high barriers to entry (e.g., the difficulty of other firms entering the market, so few, if any, competitors exist), (2) non-substitutable products (e.g., others cannot duplicate the firm’s product, and few, if any, alternatives exist), (3) a large market share (e.g., the firm can capitalize on economies of scale and efficiencies by dominating the market), (4) buyers with low bargaining power (e.g., purchasers of the firm’s products become dependent on the firm because they have no other alternative sources) (5) suppliers with low bargaining power (e.g., suppliers to the firm become dependent because they have no other alternative customers), (6) rivalry among competitors (e.g., incentives to improve are a product of rigorous competition), and (7) rare products or services (e.g., offering something that no other company provides) (Porter, 1980; Barney, 1991). Unquestionably, these are desirable features that clearly should enhance financial success. A substantial amount of research supports the importance of these factors. However, what is remarkable is that several of the most successful U.S. firms in the last 20 years have had none of these competitive...
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