...our place in society. It explores ways of looking at the world that allow us to understand how the events and experiences of our lives are part of group dynamics, of social institutions, and of cultural meanings. It allows us to see personal events and meanings as affected by historical forces and to see how historical events may be shaped by personal choices. Week 1 - Topic 1: Sociology and Social Groups Objectives Discuss the social construction of reality. Distinguish between sociological perspectives. Develop a sociological imagination. Identify components of social groups and organizations. Materials Readings for Week One EBOOK COLLECTION: Ch. 1 of Sociology: A Brief Introduction. EBOOK COLLECTION: Ch. 3 of Sociology: A Brief Introduction. EBOOK COLLECTION: Ch. 5 of Sociology: A Brief Introduction. EBOOK COLLECTION: Ch. 12 of Sociology: A Brief Introduction. ARTICLE: Week One Electronic Reserve Readings Assessment Individual Assignment: Social Group Worksheet Martix Resource: Social Group Worksheet Matrix Complete the Social Group Worksheet using your sociological imagination to identify and describe the relationship between yourself and the other members of any social group of your choice. Submit the Social Group Worksheet Matrix. Social Group Matrix Refer to your course syllabus for additional instructions on individual and learning team assignments. Week 2 - Topic 1: Science of Sociology Objectives Apply the steps of the scientific method. Compare...
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...services, controls over and risks related to investments, and fraud and illegal acts risk assessment. Auditing Service When it comes to auditing, we are here to audit your financial statements. According to Arens, Elder, and Beasley (2012), auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria (Chapter 1). Our goal is to independently verify the financial statements produced by your company. My team will test revenue, expenses, purchasing, and many other items during our financial statement audit. This should give you the confidence in the information your company is putting out. Assurance Service In addition to the auditing service that AOW will provide to Apollo, we are also prepared to offer assurance services such as attestation services, controls over and risks related to investments, and fraud and illegal acts risk assessment. Attestation services include audit of internal control over financial reporting, reviews of historical financial statements, and attestation services on information technology. According to Arens, Elder, and Beasley (2012), for an audit of internal control over financial reporting, management asserts that internal controls have been developed and implemented following well established criteria (Chapter 1). Reviewing your historical financial...
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...me is by posting a question in your Individual folder, since the classroom is checked frequently. Phone calls are not a good way to contact me because I travel a great deal. In the extremely rare event that phone contact must occur, the best way is to schedule an appointment in advance. The University discourages the use of email during class times, preferring us to use the Individual folders. For emergencies, when you are not able to gain access to messages on the Online Learning System (OLS), please send a message to my personal email address. General Course Description This course seeks to synthesize the many theories of human motivation with the practical application of motivating employees. To this end, the course will examine historical theories as well as recent developments in the field of motivation and their relationship to management practices. The primary concepts of goals, quality of work, and rewards will be examined and applied to the workplace. It is important to write well. We will be using APA format for all written...
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...software that would combine all department software’s into one. The ultimate goal of this project was to make sure that information was flowing correctly between the Human Resources Department, Payroll Department, and our company home office software. Like Larry Krantz stated every project is going to face some type of risks. The first step in risk management is to identify the possible risks and to assess the consequences of the risks. This is an important step, as one must identify the project risk inputs. Risk assessment identifies existing risks, analyzes risks, and then orders them in a priority from highest to lowest. Identifying and Prioritizing Risks The main technique that was used in other to identify risk was looking at historical data from one of our subsidiaries that had just completed a similar project. This helped us get a basic idea of what kind of risks we would be facing. We also consulted the project manager of the project, who had over 15 years experience working on IT software projects. Some of the risks that were identified included the following: 1. Unrealistic schedule and budget; 2. Personnel shortfall; 3. Two softwares are not compatible with each other; 4. Developing the wrong user interface; 5....
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...to total project effort is done after you have defined the project development lifecycle and development process that your team should follow to specify, design, develop and test the software. Estimation of the effort required in a project requires a project manager to identify and derive, and them put together all the activities that will build up the project as per the estimated size. There are various ways to derive effort from size: Use the organization’s historical data: An ideal path is to utilize your organization's documented information to decide the amount of exertion past projects of the same size has taken. This data obviously does not guarantee the performance of equal measure, but it sure provide a baseline of the possibilities. Review available records and determine the effort applied to achieve similar activities. You can interview the people who were there in case of lack of some records. This, of course, assumes a few things (a) your association has been archiving real records on recent activities and that you will follow a comparatively similar development lifecycle, utilize a comparable advancement strategy, utilize comparative instruments, and utilize a group with comparable aptitudes and experience for the new project. Algorithmic methodologies: This method often suffices for young organizations who do not have historical experience and data since they have not started collecting it yet or because the project is new or very different in one or more essential...
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...changing health-care environment Culture Care Values • ability to preserve/maintain cultural identities • ability to accommodate/negotiate diverse life ways • ability to re-pattern/restructure health-care delivery methods • ability to apply ethical and legal principles to health care The Associate of Science in Nursing Program (ASN) is a two-year program of study combining didactic and clinical nursing courses as well as general education courses. The Program prepares beginning nurses who function as providers and leaders of direct and indirect nursing care for diverse individuals, families, and groups. The ASN graduates function as collaborative members within the discipline of nursing and the health care team. The ASN graduates use basic knowledge of therapeutic nursing interventions, communication, culture, critical thinking,...
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...estimation is based on a number of similar data points of performing similar work packages in the past”. Kuehn, Ursula (2011-04-07). It is a very accurate and easy estimating technique. A formula is developed for estimating the time or resources needed to perform a project activity. The formula is usually based upon a great deal of historical experience. It provides an invaluable service in the course of the project. Parametric estimating refers, primarily, to an estimation technique which utilizes the statistical relationship that exists between a series of historical data and a particular delineated list of other variables. However, when it comes to the vendor bid analysis is a technique used when working with suppliers on uncertain activities. it is simply seeing the costs via quotes, bids, proposals offered for a project work. Is a technique used when working with suppliers on uncertain activities? The analysis considers the assumptions the vendor worked with and does a sensitivity assessment on those assumptions. In addition, for effort that the buying organization does not have experience with, they can contract with a consulting firm that has experience to do a "Should Cost" analysis. This "Should Cost" estimate is compared to the suppliers quote to identify any shortcomings. The advantages of this technique are that it exposes supplier risk that can be accounted for in the reserve analysis and it increases the confidence in the supplier's approach. The disadvantages are that...
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...over 15 years and has the necessary expertise to provide your company with the related services. Auditing and Assurance Services Available According to Arens, Elder, and Beasley “auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria.” Also, an assurance service is an independent professional service that promotes the quality of information. These services are regarded as valuable because they come from an independent and unbiased professional. Although there are so many auditing and assurance services our firm provide, I would explain a few and the popular once we have. First we do have the audit of historical financial statements. With this type of service, the auditor will assert that the statements are fairly stated according to an applicable standard, for instance, the International Accounting Standard or the U.S. Standards. Such an audit is an attestation service where our auditor issues a written report expressing an opinion about the financial statements and if they are stated fairly in accordance with the applicable standard. This service is provided mostly to private companies and not-for-profit organizations that intend to seek financing. The next service we provide is the audit of internal control over...
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...that acquired Little Drum Boy Inc. and RockOut Inc. the largest manufacturer of guitar in the United States. We are to determine if the engagement team has performing adequate and appropriate audit procedures. Also if the engagement team did not perform adequate and appropriate procedures, describe what additional procedures we will perform. At the begin, the audit team did not identify and assessed the appropriately assess the risks of material misstatement (AS No. 12). They did not obtain an understanding of the company and its environments and they did not perform risk assessment procedures to design their audit. The Audit team did not test for the accuracy and completeness of their work that they gather from Billy's Beat managers). For example, the change in the useful life their PP&E for Drummer Boy Inc., and the acquisitions of RockOut Inc. companies from 2009 to 2011. "Normally when using information produced by the company as audit evidence, the auditor should evaluate whether the information is sufficient and appropriate for purposes of the audit by performing procedures to" Test the accuracy and completeness of the information, or test the controls over the accuracy and completeness of that information (AS No 15.10). When Little Drummer's management discuss the useful life of the acquired assets and audit team only documented the discussion in their audit work paper. They did not do their due diligence (AS No13.7) "The auditor should accumulate misstatements...
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...Key factors in IPO 1. Effective management team As a company prepares for its IPO, it must expand its management capabilities. Who runs a company is what sells the IPO. Investors expect to see very knowledgeable, experienced professionals who are committed to the long-term success of the company. Thus, the company has to hire some individuals with public company experience in marketing, operations, development, and finance. And the company may also put in place a CFO, who has previously been through the IPO process. 2. Good underwriter A good investment banker is critical for the IPO. The underwriter will draft prospectus, assist with the filing, find investors, determine the offering price and sell the stock. Thus the company should conduct due diligence on a number of underwriters to assess which one is the right for it. And the company can find an underwriter that specializes in the company’s own industry, through this way the whole IPO process will go smoother. 3. Thorough IPO readiness assessment As company prepare for an IPO, an IPO readiness assessment can be useful to identify the big-picture issues and prevent the problems that will lead to the failure of the IPO. Besides, the IPO readiness assessment also helps the company to establish a timetable based on the actual work that needs to be done in the whole IPO process. 4. Early established IPO structure Successful IPOs determine the IPO structure at the beginning of the process. Existing stakeholder concerns...
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...The valuation of a business is a critical element that depending on the accuracy of the valuation can be the difference between large positive returns or devastating losses for investors. The importance of valuation is why differing methods are always being debated and analyzed. The valuation of traditional companies with historical data and comparative industry examples can be a bit confusing for the average person but with practice they really are not overly complicated. The discounted cash flow method, or DCF, is a widely academically accepted method that uses the concept of the time value of money to discount future expected cash flows. While often these DCF calculations can be fairly straightforward, there are instances where estimating future cash flows can be quite difficult. Startup companies pose significant challenges to the discounted cash flow model because of a lack of historical data. It may not be difficult to estimate future cash flows for a billion dollar company with years of data, but what about a 6 month old company with limited revenue and few tangible assets? In situations like this it is more important than ever for investors to look beyond numbers and to look deeper into the makeup of a company, its management, and their products or services. Difficulties in Using DCF to Value Startup Companies With discounted cash flows and almost all other valuation techniques, the less guesswork or estimation the better. The “Human Element” when making...
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...emphasis on financial risk assessments. The risk assessment process is needed to identify risks that need to be treated within an organization, as well as to provide strategies and methods that are most appropriate to treat these risks. Because many organizations are poorly aligned between their risk exposure and their risk appetite, it is important to engage in the risk assessment procedures. These procedures can help an organization prevent risk exposure and determine if their current operations will result in an increase or decrease of market value and owners’ wealth. As a result of the economic crisis, and the recent increase in corporate failures, organizations can now learn from the mistakes of others. This paper will discuss the mistakes that lead WorldCom, a telecom company that was once the fourth-ranked in Fortune 500, to bankruptcy in 2002, in an effort to demonstrate the importance of successful risk assessment and alignment implementation. Keywords: corporate failure, risk analysis, risk assessment, risk management, WorldCom Over the past years, and as a result of high profile firm failures, the economic crisis, and increased regulatory pressure, many organizations have placed a large emphasis on financial risk assessments. Risk assessment is the process where risk managers analyze the risks of an organization and identify risks that need to be treated (Tarantino & Cernauskas, 2011, p.47). In addition, a risk assessment provides strategies and methods...
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...MBA 540 Final Exam 1. (10 pts.) Discuss how organizational architecture and corporate culture are related. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture. Organizational architecture and corporate culture should be intertwined within any successful company or organization. In the text, Brickley (2009), refers to organizational architecture as being three legs of a company: assignments of decision rights, 2) methods of rewarding individuals, and 3) the structure of systems to evaluate the performance of both individuals and business units. Organizational architecture is the framework of company departments such as managerial chain of command, the duty description and responsibility of each position. Corporate culture includes the ways work and authority are organized, the way people are rewarded and controlled for their work, as well as taboos, customers, heroes, slogans, and social rituals. The three elements of architecture help form the existence of how a culture is developed. A prime example is Merrill Lynch. Merrill is a well know investment company that manages the portfolio of investors. It suggested to its client to buy Info Space though, internally, analyst knew the stock had tanked in price. They were never upfront about selling the stock. Their ethical violations caused shockwaves in the investment community forcing other to ensure measures were in place to prevent a disaster. Merrill Lynch had...
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...measuring returns, risk assessment and analysis and valuation. Students are required to use the data provided in the case problem and exhibits to answer a series of questions. Assignment Components The exhibits contain financial information on Swagman Ltd, Gaslight Ltd and Airspace Ltd. It also contains return information and dividend information for two Stocks Axel Ltd, Titan Ltd, and the share market index. Required: You will be required to complete this assignment in teams of two or three. It is important that you form your teams as soon as possible. WebCT can be used to identify other students who are seeking partners for a team. W can make announcements prior to the lecture to alert other students without a team to meet after the class. Team members do not need to be in the same tutorial. Please note that under NO circumstances will we allow assignments to be submitted by individuals (This is a group assignment). Note that marks will be deducted for poor presentation. Assignments should be stapled in the top left hand corner. Please do not submit assignments in folders. It is also a requirement that all assignments be submitted with a cover sheet. This cover sheet is now specific to this subject and a copy will be provided on WebCT. Assignments will not be accepted or marked if they are lodged without this cover sheet. The assignment requires each team to undertake independent work. No further assistance will be provided to teams in completing the assignment...
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...My Personal Learning Assessment Virginia Tucker AET: 525 February 26th, 2012 Deborah Hatfield My Personal Learning Assessment Many factors can affect a student’s ability to perform successfully in the classroom. One of these factors is his or her personal learning style. According to Howard Gardner, there are seven distinct learning styles (Gardner, 1985). The first of these styles is known as the “Verbal-Linguistic” Learner. A student with this type of learning style prefers to learn by using words and being vocal in class. He or she will use stories and enjoy question and answer sessions in class settings (Gardner, 1985). As with any learning style, there are problems that may arise with this particular learning style. Some examples include: 1. Difficulty with online classroom learning environments- These students strive on one-on-one interaction with both the instructor and other students. Not having this could greatly affect their learning ability. 2. Not working well with shy individuals in a team setting- “Verbal-Linguistic” learners need social interaction to fully learn a subject being presented to them in a class. These students may burden and or overshadow quieter students who prefer to work in a quieter environment. The second learning style is an “auditory” learner. An “auditory” learner relies on his or her hearing to succeed in the classroom. These students are very particular about their choice of words when speaking inside the classroom...
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