...United States of America Barack Hussein Obama was sworn into office on January 20, 2009, for a four-year term as the 44th President of the United States. President Obama chose Joseph Biden as his running mate and Vice President. In the event that the President would be unable to serve, the Vice President serves as President. In addition to serving a member of the Cabinet, the Vice President also presides over the Senate and can cast the deciding vote in the vent of a tie. The primary duties of the President are to ensure that the laws of the United States are enforced, oversee foreign policy and make treaties with foreign nations. In addition to appointing members of the Cabinet, the President has the power to appoint ambassadors to other nations and the United Nations, and appoint justices and federal judges. The President also serves as the Commander-in-Chief of the U.S. Armed forces. Despite the envision of the framers of the Constitution that no single person should have the responsibility to decide whether to send young men and women into battle, both Congress and the courts have left the question of when to go to war up to the President. The Constitution, states in Article 1, Section 8, that "Congress shall have power... to declare War.". It also refers to the President as "Commander in Chief". 1. (darren- the 1 indicates a footnote and will do the citation at the bottom of page 1). This ambiguous language has caused political debates for decades over...
Words: 433 - Pages: 2
...Branch is in the President of the United States, who also acts as head of state and Commander-in-Chief of the armed forces. The President is responsible for enacting and enforcing the laws written by Congress and appoints the heads of the federal agencies. The Vice President is also part of the Executive Branch, ready to assume the Presidency should the need arise. The Cabinet and independent federal agencies are responsible for the day-to-day enforcement and administration of federal laws. These departments and agencies have missions and responsibilities as widely divergent as those of the Department of Defense and the Environmental Protection Agency, the Social Security Administration and the Securities and Exchange...
Words: 1710 - Pages: 7
...resources management can help the organisation to be successful. Line managers are the important aspect of HR department that can accomplish the organisation’s objective. There are three major level of management structure in the organisation, respectively top level (i.e. president and CEO), middle level (i.e. marketing vice president, finance vice president, and human resources vice president), and bottom level (i.e. different line managers of training & development). There is a possible evolving HR organisation example, which will be indicated the following article. Business policy and code of ethics are very important to the organisations that can help the firms to be more competitive. Human resources department is responsible for formulation of policy, approved by senior management, and the daily implementation of this policy and the monitoring of its effectiveness, and employment and career development of all individual employees in the organisation. Line managers should monitor and correct the situations of training staffs and normal working of staffs. The Role of Line Managers and (HR) Human Resources • Roles Line manager should authorise to direct the work of subordinates and has the responsibility to accomplish the organisation’s objectives (Stone, 2005). As the traditional work of HR managers decreases, line managers are stepping up and performing some duties typically done by human resource professionals (Mondy, 2007). Line manager connects directly with the employees...
Words: 3562 - Pages: 15
...Chapter 1 Managerial Accounting and the Business Environment Solutions to Questions 1-1 A strategy is a game plan that enables a company to attract customers by distinguishing itself from competitors. The focal point of a company’s strategy should be its target customers. 1-2 Customer value propositions fall into three broad categories—customer intimacy, operational excellence, and product leadership. A company with a customer intimacy strategy attempts to better understand and respond to its customers’ individual needs than its competitors. A company that adopts an operational excellence strategy attempts to deliver products faster, more conveniently, and at a lower price than its competitors. A company that has a product leadership strategy attempts to offer higher quality products than its competitors. 1-3 A person in a line position is directly involved in achieving the basic objectives of the organization. A person in a staff position provides services and assistance to other parts of the organization, but is not directly involved in achieving the basic objectives of the organization. 1-4 The Chief Financial Officer is responsible for providing timely and relevant data to support planning and control activities and for preparing financial statements for external users. 1-5 The three main categories of inventories in a manufacturing company are raw materials, work in process, and finished goods. 1-6 The five steps in the lean thinking model are: (1)...
Words: 3625 - Pages: 15
... AAA Management's New Organizational Structure | CIO | CEO | CTO | CPO | Vice Presidents | CSO CKO | Managers | Analysts | Essay Answer1:- Let’s look at the different roles and responsibility of title listed above before going into discussion for effective reorganization. CEO: The job title, CEO (Chief executive officer), refers to the head of an organization as in the person who presides over or is in charge of an organization. The Chief Executive Officer (CEO) is the highest ranking executive manager in a corporation or organization. The CEO has specific responsibilities depending on the needs of his or her organization. The job description of a CEO varies by organization. Creating, communicating, and implementing the organization’s vision, mission, and overall direction. Leading the development and implementation of the overall organization strategy. http://humanresources.about.com/od/job-titles/f/Chief-Executive-Officer-Ceo-Do.htm CIO: The CIO position emerged in the early 1980s in response to the pervasive use of IT in firms and the emergence of the information economy. The CIO position gradually became more influential as IT increasingly played a central role in business processes and firm strategy. Today’s CIOs are often members of the firm’s C-level executive team and assume many influential roles and responsibilities besides maintaining the IT infrastructure, such as establishing the firm’s information...
Words: 2076 - Pages: 9
...serves to evaluate laws and is composed of the Supreme Court and Federal Courts. The Executive branch serves to carry out the laws and is composed of the President, Vice President, and the Cabinet. The Supremacy Clause establishes that the federal law, and federal constitution takes place over state constitutions and state laws. The Legislative branch as stated above makes laws and is composed of the Congress, Senate and the House of Representatives. The House of Representatives has 435 elected members, and they are divided amongst the 50 states to...
Words: 893 - Pages: 4
...does the government split the responsibilities of running the country equally? There are so many jobs that need to get done, but it has to happen in an orderly way. As a result, the government is broken up into three branches, the legislative branch, the executive branch, and the judicial branch. Each branch includes different people, serve different functions, and are made to keep the other branches in check so one does not have all the power. This way, laws can be made, enforced, and ensured they fit the constitution. The branches all work together to form the government. To begin with, one branch of the government is the legislative branch. The people who contribute to the legislative branch are the House of Representatives and the Senate. There are 100 senators and 435 House of Representatives in the legislative branch. They are responsible for making and passing laws, declaring wars, ratifying treaties, and controlling federal taxation. Although the legislative branch is powerful, its decisions aren't permanent. Even though a president can veto a law the Congress can override the decision if ⅔ of the Congress votes to pass the law. The legislative branch can also impeach the president...
Words: 505 - Pages: 3
...------------------------------------------------- Assume you are the new marketing vice president at the mayo clinic, The CEO and the board has decided to expand their international sales revenues by 100 percent over the next five years. Write a memo to your staff outlining the marketing research that will be needed to support such a strategy. Be specific about sources of secondary data and the best places and media for gathering primary data. Also, be specific about the best methods to use. TO: Marketing Research Department Staff From Marketing Vice President Date: Mar 30, 2014 Sub: Sales Revenue Increase plan Effectively immediately the CEO and the board of Mayo Clinic have decided to expand international sales revenues by 100% over the next five years. As a part of the marketing department you share a responsibility to ensure this occurrence. To start identify the five largest potential target markets for international health care; they can be individual countries or geographically and culturally similar areas. In each market identify the most effective ways to communicate the benefits Mayo Clinic has to offer, discuss this with area locals as well as doing your own research. You need to discover the best ways to gain trust from each market. Primary and secondary research are both necessary. Market strategies international already has expertise in healthcare industry research and should be used for outside primary research forus.to gather secondary research, use the Market strategies...
Words: 312 - Pages: 2
...conduct should be”(Dressler, 2008, p. 553). The leaders and management team of an organization are selected and expected to exhibit the highest level of ethical values. The Vice President for Health Services is certainly charged with ensuring that ethical practices are adhered. They are responsible for making sure that the decisions, policies, and procedures have an ethical foundation. Their primary focus is to make certain that the organization perform at optimum levels. Ethical consideration pertains to the right or wrong conduct based on morality. “Ethical behavior calls healthcare providers to conduct themselves in a manner that is beyond the demands of what is legal; it also asks them to behave in a manner that is ethical according to the guidelines of their profession” (Riley, 2011, p.1). Ethical principles are important all industries; however, the healthcare industry requires the highest level of ethics because people in this industry deal with situation and circumstances that affect another person’s life (Dogra, 2010). The three ethical consideration observed in the scenario was 1. The candidate revealed his potential disability, 2. The decision of whether to hire the candidate with the potential disability, and 3. The President leaves the decision making in this situation up to the Vice President. The first ethical consideration in this scenario is the fact that the candidate revealed that he had a potential health problem that could result in a...
Words: 1731 - Pages: 7
...position that carries the ultimate management responsibility for an organization. Commonly, CEO is a rank that is associated with the head of the company. One of the primary duties of the CEO is to report to the board of directors, which is answerable to the owners of the company. In addition, CEO carries out the job of designating other managerial officers including that of a president. Depending on the extent of his or her functions, a CEO can also have the title of President/CEO or President and CEO. A CEO is not only a key management figure, but also the face of any business establishment. Therefore CEO's career record and professional background often represent an important qualitative parameter of the overall value of the company CFO, or Chief Financial Officer, is senior corporate officer with full financial authority. In general terms, the main responsibility of a CFO is to oversee financial appropriations and expenditures of an organization. Hence, the CFO is in charge of disseminating financial data, directing budget and spending, as well as monitoring a number of other financial activities. A CFO is also required to frequently report to the board of directors on the overall financial condition of the company. Additionally, a CFO is charged with insuring financial transparency with respect to both the shareholders and regulatory boards, such as the SEC. In many corporations a CFO is routinely referred to as senior vice president. A CFO is often considered the second most...
Words: 466 - Pages: 2
...a. Duties i. The President will chair all meetings of Accounting and Finance for Excellence and will call special meetings as needed. The President will over-rule votes only in case of a tie ruling. ii. The Vice President shall chair any ad hoc committees or task forces of the organization. iii. The Secretary will take, record, and file meetings minutes; produce all official correspondence for the organization. iv. The Treasurer will maintain all financial records and report on the financial transactions of Accounting and Finance for Excellence. v. The Program Advisor will direct the planning of the organizations education and social programs. I. Requirements For Running For/Holding An Officer Position b. All officers and candidates for office must be currently enrolled PSU students. c. All officers must be members of Accounting and Finance for Excellence for six months prior to running for an officer positon. In an instance where there is no members who have filled the six month requirement, the President will nominate a member and the Vice President, Secretary, and Treasurer will vote on the member. II. Nominations and Elections d. Nominations for all offices will be taken from the floor of the third-to-last regular meeting of the spring semester each year. e. Any member may nominate any other member, including himself or herself. f. Elections will be held at the second-to-last...
Words: 1066 - Pages: 5
...Blue Ribbon Sports was founded in 1964 by Bill Bowerman and Phillip Knight which later officially became NIKE, Inc. in May 1978. Bowerman and Knight came into agreement with a handshake to start Blue Ribbon Sports with ideas in improvement in athletic footwear design. “ They and the people they hired evolved and grew the company that became NIKE, Inc. from a US-based footwear distributor to a global marketer of athletic footwear, apparel, and equipment that is unrivaled in the world”(Nikebiz June 2009). NIKE, Inc. employs over 30,000 people and its headquarters employ’s more than 7,000 people which is located in Beaverton, Oregon. Nike has more than 700 shops around the world and offices in 45 countries outside the United States. Most of the NIKE, Inc. factories are located Over seas in Asia, China, Taiwan, Pakistan, and many more other countries. In the year of 2008 NIKE, Inc. own several subsidiaries: Cole Haan, Hurley International, LLC, Converse Inc, Umbro NIKE Golf, Ltd. Nike also previous owned but also sold Bauer Hockey and Starter. Nike produces and sells a wide range of products including sports equipment, shoes and apparels for a variety sports activities. NIKE, Inc.’s affiliate businesses contributed approximately $2.7 billion of the company’s $20.9 billion in revenue in May 2011. As part of NIKE, Inc growth strategy, we continue to invest in opportunities that will generate the highest possible long-term returns. “Secret Tournament incorporated advertising, the...
Words: 418 - Pages: 2
...company structure included a marketing department, a consulting department, a training department, a research and development (R&D) department, an administration department and two project departments A and B (PDA and PDB). Exhibit 1 illustrates BEC project structure after 2006. Note that the two organizations responsible for projects are listed as separate departments under different management. This type of organization structure is known as functional. Exhibit 2 list the responsibilities of both Project Departments as having the same overall responsibilities with regards to their projects. Difficulties may arise because the project managers fall under different functional managers i.e. PDA is under the Vice President and PDB is under the CEO (Exhibit 1). Both PDA and PDB project managers must co-operate with marketing department to provide proposals and write advertising articles. PDA can expect better cooperation with the marketing department as both fall under the Vice President. PDB’s needs will be satisfied after PDA is taken care of. PDB...
Words: 1701 - Pages: 7
...Chapter 1 Managerial Accounting and the Business Environment Solutions to Questions 1-1 Managerial accounting is concerned with providing information to managers for use within the organization. Financial accounting is concerned with providing information to stockholders, creditors, and others outside of the organization. 1-2 Essentially, managers carry out three major activities in an organization: planning, directing and motivating, and controlling. All three activities involve decision making. 1-3 The Planning and Control Cycle involves formulating plans, implementing plans, measuring performance, and evaluating differences between planned and actual performance. 1-4 A line position is directly related to the achievement of the basic objectives of the organization. A staff position is not directly related to the achievement of those objectives; rather, it is supportive, providing services and assistance to other parts of the organization. 1-5 In contrast to financial accounting, managerial accounting: (1) focuses on the needs of the manager; (2) places more emphasis on the future; (3) emphasizes relevance and flexibility, rather than precision; (4) emphasizes the segments of an organization; (5) is not governed by GAAP; and (6) is not mandatory. 1-6 A number of benefits accrue from reduced setup time. First, reduced setup time allows a company to produce in smaller batches, which in turn reduces the level of inventories. Second, reduced setup time allows a company to spend...
Words: 2462 - Pages: 10
...Independence of Board members All of the members of the Board of Directors are executive members dependent on the Company and its shareholder (OP Cooperative). All Board members are members of the Executive Board of OP Cooperative, the parent institution: Reijo Karhinen, CEO, Chairman of the Executive Board, OP Cooperative; Tony Vepsäläinen, Executive Vice President, Operations, OP Cooperative; Harri Luhtala, CFO, OP Cooperative; and Jari Himanen, Executive Vice President, Group Steering, OP Cooperative. Board duties The Board of Directors is responsible for the Company's administration and appropriate organisation of operations and for the duly organisation of the supervision of accounting and financial management. It deals with far-reaching and important matters in principle from the perspective of the Company's and its consolidation group's operations. The Board of Directors and the President and CEO shall manage the Company and its consolidation group professionally following sound and prudent business practices. The Board of Directors has confirmed written rules of procedure defining the duties and meeting procedures applying to the Board of Directors. In this respect, the Board of Directors shall, among other things, . decide on the Company's business strategy, in line with the principles adopted by the central cooperative Executive Board, and supervise its implementation; . confirm the core values applied in the Company's business in line with principles adopted...
Words: 793 - Pages: 4
