Interview Assignment Example | Topics and Well Written Essays - 1250 words

Meeting - Assignment Example All the kids are male with the exception of the most youthful, who is a female. Her kids are 40, 37, 35 and 31 appropriately. She and her better half are right now dwelling in their own home, which isn't a long way from that of her kids, and along these lines of her grandkids also. The reason for this paper is to inspect the chosen lady's assessments and ideas of marriage, family and kids as she was raised to think, as per which she's carried on with her life, and afterward contrast and agreement those with those of my own. The lady met, my grandma, accepts, and was raised to accept, that marriage should keep going forever. It was an altogether different time from today, two ages prior, and this observation was considerably more typical and well known than, as opposed to the totally different one of today. For some odd reason, however, individuals used to get hitched at a youthful age and maybe without knowing their proposed companion for whatever length of time that individuals do t oday preceding marriage. This appears to be very odd and unusual for me today, yet my grandma says that that is the manner by which it was in those days. In the event that you knew the individual for a year or two and thought you were perfect, you got hitched. Sex before marriage was additionally considerably less adequate or proper. It was additionally regular feeling that one needs to do whatever the individual in question can so as to spare and protect the marriage on the off chance that it falls under a difficult time (Author, Year). What she depicts is truly sensible for that time, however appears to be very old today. Few are the individuals who despite everything hold these convictions today, and they are viewed as extremely strange and the exemption of the codes of conduct and standards of today. Things have changed a ton in these years between her age and mine. Alongside the liberation of ladies, ladies' correct developments and the adjustments in the public arena just as i n the council, there's been a significant move towards living every individual sees fit. There is substantially less compel today from families or others to get hitched rapidly, and less analysis or eyebrow-raising if a lady isn't hitched. This is more genuine for men than for ladies, however it additionally applies to ladies. Men are regularly thought to be less full grown for genuine connections, duties and marriage, not to mention beginning a family, while ladies are commonly observed as more marriage and family situated. While it might hold some fact (and ladies do without a doubt contemplate connections and the craving to be hitched and have youngsters than men do), it is undoubtedly not valid for everybody, and now and then it is totally the inverse. Back in my grandma's time it was very incomprehensible. A lady should be hitched and was relied upon to do as such until a specific age. Today it isn't care for that by any means. Being hitched and turning into a mother were viewe d as an indivisible piece of being a lady (Author, Year). Today, there are ladies who select never to get hitched, despite the fact that some of which are in since quite a while ago, serious relationships. It is presently accepted by some that marriage isn't for everybody, and some decide not to get hitched. Combined with the current separation rates, things have positively changed in the decades since my grandma's time and as of recently (Author, Year). It is fascinating to note, in this specific situation, that in spite of the fact that marriage has gotten less fundamental to certain ladies today and maybe as a result of it, the wedding business has developed colossally, and the big day is currently viewed as one of life's progressively significant achievements. Previously, while it was additionally critical, individuals didn't make such a major

Blockbuster Organizational Failure Research Paper

Blockbuster Organizational Failure - Research Paper Example Simultaneously, it additionally made various difficulties in the commercial center in regards to seriousness, imaginativeness just as maintainability, which has significantly impacted organization manageability in numerous segments. Concentrated on a comparable idea, this paper will involve basic breaks down with respect to the disappointment of Blockbuster LLC, which was previously perceived as Blockbuster Inc. Diagram of Blockbuster Organization Blockbuster is a worldwide retail chain, which offers a striking exhibit of computer games, home film and rental administrations for DVDs and VCDs at sensible cost to its separating worldwide clients. Furthermore, the association is likewise committed to furnish its clients with satisfactory item decisions and one of a kind buying encounters. Right now, Blockbuster is working with in excess of 2,500 retail locations spread around the world. Being an American MNC, the organization claims its most extreme number of retail locations in the US, aside from Europe, Asia and Australia. The essential goals of the organization throughout the years have been to give a world class amusement experience to the purchasers with a distinctive collection of film and game kinds, serving to around 90 million individuals all around the globe (Blockbuster, 2013). Regardless of its prosperity since its foundation, with the expanding weight of rivalry in the worldwide stage, the organization needed to observe a decrease in its income structure. It was in the year 2010 that the association sought financial protection and was thus gained by Dish Network (Almeida, 2011). Examination of the Organizational Failure Factors In request to break down the explanations for the disappointment of Blockbuster, the accompanying branches of knowledge will be thought about, which will be useful to acquire a top to bottom comprehension of the pretended by different outer and interior business condition variables to make sure about the manageability of an org anization over the long haul. Upper hand According to Michael E. Doorman (2008) upper hand is a system of picking up advantage over contenders by offering clients high incentive through sensible value, great item quality, item assortment, creativity as alongside other worth included administrations (Porter, 2008). In the present marvel, upper hands are not just important to help an organization in getting bigger piece of the overall industry, more prominent benefit and brand esteem, however it is additionally important to guarantee long haul authority position of the organization, in the advanced period. In any case, when contemplating the occurrence of Blockbuster’s disappointment, it very well may be seen that the most huge part of upper hand is to ensure the food of an organization, aside from the previously mentioned benefits. It is in this setting clearly, because of its plan of action constraints, Blockbuster was in a seriously disadvantageous position. The business set ting can be accounted as capable in such manner, to a huge degree. The present market structure of media outlets will in general be exceptionally unpredictable, where both the providers and the clients have high level of bartering power, significantly because of the accessibility of close substitutes. Furthermore, with visit events of forward and in reverse obtaining and mergers, Blockbuster additionally needed to observe the danger of new contestants. Thus, given the constraints of the plan of action followed by the association regarding badly fit with outer natural changes, unbending nature to adjust imaginative thoughts and cost just as time escalated trademark, the association neglected to save its

The Best Political Science Student Summer Jobs and Internships TKG

The Best Political Science Student Summer Jobs and Internships We love receiving emails that ask very specific questions. While it’s impossible to answer every email we receive with a blog post, we do like addressing the questions that we believe apply to the general public. We recently received this email:“Hi, I am a junior in high school and am looking for a productive way to spend my summer, to also build my resume for college. For the last couple of summers I have interned for campaigns, I currently intern for an assemblyman in New Jersey, I have done a summer program at Georgetown, and I am looking to land something a little more impressive and competitive this summer due to the fact I feel I am qualified because of my background and academic excellence. Let me know. Thanks!”This is a great question, and if you have a similar inquiry please send them our way. We’re going to get right into it: the root of the problem here is that the student doesn’t know exactly what it is they like about politics. Here’s how we would work with a client to place them at an internship that shines on their resume. The first step is to get down to the bottom of what aspect of politics you’re into. These days, an interest in any broad subject is not enough if you want to attend a competitive college. Liking “business” or “politics” won’t cut it, and the way to demonstrate an interest in a particular part of any field is to focus on those with internships, AP classes, research, and jobs. So, we would start by making a list with our client that includes every single thing they like about politics. We would ask a lot of questions about what they liked and hated from every experience they’ve had within politics. Is it the introverted act of crafting legislation? Do they love canvassing and signing people up to vote? Is it the more academic approach, as in learning about history? This list is broad and it is meant to be. Then, find a common thread between the interning you’ve done and the experiences you’ve had. In this case, the student in the email has already worked on campaigns and currently interns for an assemblyman. Once she has properly asked herself the questions and done the work, she should be able to hone in on 1-2 very specific areas that she want to focus on. Next up is the summer job/internship research. For this client, we would have three suggestions (and then help them with that search) 1.     Paid position working for a campaign. It’s always good to show colleges that you’re not just willing to work, but were able to find a paid position. Getting paid certainly isn’t the only way to show that you’re valued, but it doesn’t hurt. This position would be best for a student that has past internship experience and is ready to level up and take on more responsibility. IMPORTANT: don’t take a paid position just because it’s paid. Money is great, but if you’re going to be going on coffee runs and making copies you won’t be left with much to put on your resume. We would only recommend a paid position if you’re getting an equal amount of experience as you would with an unpaid internship. 2.     Research with a professor. Don’t forget that political science is still a science. For students that are interested in the more academic side of politics, and don’t see themselves standing on a street signing people up to vote, you might want to consider doing research. It’s not always easy finding research opportunities in high school (read: it is actually very difficult), and you might have to pitch the position yourself. Reach out to schools and professors and offer your services. But be specific. 3.     Another internship, but pay attention here. Hopping from internship to internship doesn’t show growth if the experiences aren’t related. Three summers of working on different campaigns doing the same exact thing doesn’t add much value to your resume or give you personal data points to work off of. You should build upon the skills you al ready have, and look for other opportunities. This might mean going from working on a campaign to interning at a larger corporation or non-profit. Above all, don’t think you’re above cold emailing, asking for favors, and stalking LinkedIn. While those aren’t always the most effective strategies, it’s a good place to start. We also recommend starting your summer internship search as early as possible. Our last piece of advice to our readers is to always be open to the possibility of creating your own internship or opportunity. It’s what we do. And don’t be afraid of rejection.We go more in-depth with our clients, but this is a general overview of our process. If you want to work with someone one on one, contact us here.

The Drug Rehab Of Utah - 1454 Words

Drug Rehab in Utah When searching for a drug rehab in Utah it is a good idea to narrow down the search by inpatient or outpatient treatment programs. Many people find it helpful to speak with someone in the addiction rehabilitation profession; such as an intake counselor, to determine which type of program will be the best fit. Important factors to consider when making this decision are: †¢ Is the addicted person willing or able to move into a treatment facility? If the answer is no, then outpatient treatment will be the only route to pursue. If they are willing to enroll in an inpatient program, it is best to begin searching inpatient drug rehab programs in Utah. Statistically, inpatient programs have the highest success rates for helping their clients achieve and maintain their sobriety. †¢ Does the program provide detoxification services? When a person is physically addicted to drugs or alcohol it is important they receive detoxification prior to beginning their treatment program. This ensures the substances are out of their system. Completing detox also prepares the program participant for the process of recovery both mentally and physically. †¢ Location? Many people find that attending a rehab that is not located near their â€Å"stomping grounds† or close to home is beneficial. This is best suited for individuals willing to enroll in an inpatient drug rehab in Utah. †¢ How will treatment be paid for? Most drug rehabs accept payment from insurance companies or other forms ofShow MoreRelatedWhitney Houston Essay1517 Words   |  7 PagesInformation By many media accounts, Whitney Houston has been accused of rampant drug abuse and has been in and out of rehabilitation centers several times over the past few years. Whitney is an extraordinarily famous 48 year-old African-American woman who is primarily known for her signing and acting. She married Bobby Brown, also an entertainer with a history of drug abuse, in 1992 divorcing him in 2007. Her ‘casual’ drug use began prior to her marriage but became more rampant following her marriageRead MoreA Brief Note On Drug And Alcohol Addiction1668 Words   |  7 PagesI know a girl named Katie. She is not a drug addict. She is a wife, a mother, a positive part of our community. But before she was happily married, before she was lovingly called Mommy, she was addicted to heroin. Her friends were all addicts and many died. She stopped breathing once too, when she was 21 years old. Her boyfriend gave her CPR. She was even arrested; court mandated outpatient counsel ing, once a week for three months, NA meetings, one year probation. It did nothing for her.Read MoreTexas Anti Marijuana Laws Should Be Banned966 Words   |  4 Pagestraced back to the city of El-Paso (Drug Policy ORG). Prior to 1914 Texas had no laws concerning the usage or sale of the plant, but then the stories of people using marijuana in Mexico and terrorizing people made their way to El-Paso and the Deputy Sheriff Stanley Good. Deputy Good made it a personal mission of his to get El-Paso to make the substance illegal. The whole basis of his argument is that immigrants from Mexico will come to the Untied States and use the drug and terrorize El Paso. At theRead MoreIn-N-Out Burger Essay2889 Words   |  12 Pagesappointments, test, and treatment. Eventually chemotherapy; when his hair began falling out, leaving him bald, he took to wearing a wig. At one point, he went down to Mexico to submit to laetrile. An unconventional therapy not approved by the Federal Drug Admi nistration. But all the medical treatments in the world could not prolong Harry life for very much longer. It was Harry and Esther’s intention to keep In-N-Out Burger a private, family-run business for succeeding generations of Snyder’s. TheRead MoreMs 13 Gang2747 Words   |  11 Pagesof the most organized. The MS-13 gang has cliques, or factions, located throughout the United States and is unique in that it retains is ties to its El Salvador counterparts. With cliques in Washington DC, Oregon, Alaska, Arkansas, Texas, Nevada, Utah, Oklahoma, Illinois, Michigan, New York, Maryland, Virginia, Georgia, Florida, Canada, El Salvador, Guatemala, Mexico, and several other South American countries, the MS-13 gang is truly international and on the verge of becoming the first gang toRead MoreTroubled Youth Today3128 Words   |  13 Pagesonto the information they have learned as deeply as a longer program. This can cause the students of shorter programs to relapse soon er than longer programs. In Teenage Wasteland by Donna Gaines a boy â€Å"was arrested for drunk driving and entered a rehab program. For a while he dried out, and then he tried getting his life in order. Things started to look up for him†¦but that didn’t last.† (The Kids In The Basement) The longer programs known as TBS’s have many pros and cons as well. Unlike RTC’sRead More Life in Las Vegas Essay4219 Words   |  17 Pagesformer Utah residents fighting cancer who lived downwind of radioactive breezes in the fifties and sixties. Nuclear testing was only one desert valley away; like the airport now, it was so close hotel rooms shook. Its not necessarily gamblers, Keeton goes on. Just people whove planned one last fling. We used to get a lot from Los Angeles. Now its people from all over the world. We had a young man fly in from Ireland. On his immigration card, it said he seemed either on drugs or depressedRead MoreBurning Down the House: Mortgage Fraud and the Destruction of Residential Neighborhoods11800 Words   |  48 Pagesthat has been reported in all 50 states, Puerto Rico, Guam, American Samoa, 3 Canada, 4 New Zealand, 5 Australia, 6 and England. 7 In the United States, it is committed by organized international and domestic rings, 8 street gangs, 9 terrorists, 10 drug traffickers, 11 real estate agents, 12 closing attorneys, 13 appraisers, 14 mortgage brokers, 15 The targeted victims distinguish mortgage fraud from predatory lending. In predatory lending cases the borrower is victimized by the illegal practicesRead MoreProject Mgmt296381 Words   |  1186 Pageslimited to the private sector. Project management is also a vehicle for doing good deeds and solving social problems. Endeavors such as providing emergency aid to the Gulf Coast devastated by hurricane Katrina, devising a strategy for reducing crime and drug abuse within a city, or organizing a community effort to renovate a public playground would and do benefit from the application of modern project management skills and techniques. Perhaps the best indicator of demand for project management can be seenRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesThe authors wish to thank John D. Kammeyer-Mueller of the University of Florida for help with several key aspects of this revision. The au thors would also like to extend their sincerest thanks to the following instructors: Lee Boam, University of Utah Andres Johnson, Santa Clara University Edward Lisoski, Northeastern University Douglas Mahony, Lehigh University Douglas McCabe, Georgetown University Bradley Norris, Baylor University Jonelle Roth, Michigan State University Philip Roth, Clemson University

Managing Organizational Change Essay - 2602 Words

Daniel LeBlanc Managing Organizational Change BUS600 Management Communication with Tech Tools Professor Emmanuel Lewis November 16, 2009 Organizational change is any action or set of actions resulting in a shift in direction or process that affects the way an organization works. Change can be deliberate and planned by leaders within the organization (i.e., migrating from legacy technology to new improved Internet Protocol infrastructure), or change can originate outside the organization (i.e., new government regulatory process) and be beyond its control. Change may affect the strategies an organization uses to carry out its mission, the processes for implementing those strategies, the tasks and functions performed by the†¦show more content†¦In addition, these leaders frequently control resources and rewards within the organization. These core believers need to involve a larger group of initial participators who don’t necessarily have the same level of commitment to change as do the core believers, but they participate in the initiative out of loyalty to the organization. The change process takes hold and its successes are publicized, support will spread to others who typically wait and see whether they should commit to the initiative. Last to commit to the efforts are the hard-core resisters, some of whom will never support the change process because of personal agendas. A clear and concise motivating vision is needed to inspire a large number of employees to change. People need to know why change is desirable, why they should make the effort to support it, and what it will achieve. The change can be very painful to some employees whose jobs may require new skills, transfers or even elimination. The motivating vision should be sufficiently concrete so that people can understand what it means and why the change is necessary, but not so rigid that it has no room to evolve. A motivating vision is one that enables people to imagine new possibilities for the organization as a whole and for themselves as members of the organization. That motivating vision is an advanced leading edge technologyShow MoreRelatedManaging Risk With Change : Managing Organizational Change1178 Words   |  5 PagesManaging Risk with Change Shelly L. Estill Colorado State University Global Campus Abstract â€Å"Effective change management offers a standardized method that efficiently evaluates the potential positive and negative aspects of change† (Scarborough, n.d.). In order to fully understand the change, and the impact of the proposed change, it is helpful to have all of the facts. However, when faced with decisions that offer very little information either short term, or long term, judgement comes moreRead MoreManaging Organizational Change484 Words   |  2 Pagesresearch will examine a specific change topic in order to better understand the process of organizational change as a whole. Therefore, this research will explore the images of managing change concept as presented in Palmer Dunford (2009). According to this source, the change concept is the image or mental model of what they think is achievable, (Palmer Dunford 2009 p 9). This essentially helps create a clear direction for the change that is to come. Therefore, the change concept is then a tool toRead MoreMa naging Organizational Change3118 Words   |  13 PagesResistance to Change †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...4 ï‚ ² Overcome Resistance †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 ï‚ ² The Leadership of Organizational Change †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 ï‚ ² Stages of Change Process †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...6 ï‚ ² Organization Culture Change †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...7 ï‚ ² Motivation and Performance †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.8 ï‚ ² Stakeholder Relevant issues ..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9 ï‚ ² A Case Study †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.10 Conclusion †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..12 Reference †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 Introduction Managing organizational change has been anRead MoreDiagnosing The Change : Managing Organizational Change Essay1413 Words   |  6 PagesPart 3: Diagnosing the Change Managing Organizational Change The Burke-Litwin Model highlights the main elements or source of major transformational change and also the changes that are incremental in nature. 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Managing change involves managing the employees and managing the impact of change on employees. To ensure an organization keeps up with changing times, it is important for the organization to change. Employee resistance The greatest

Sustainability And Integrated Financial Reporting Of...

Contemporary Issues in Accounting M ACCT 5015 Major Assignment Sustainability and Integrated Financial Reporting of Australian List Firms (In Energy Sector: Santos, AGL and Origin) 7th October 2014 SP 5 Yue Wang 110130421 Executive Summary This report provides an analysis and evaluation of Sustainability Report for financial year (FY) 2013 of three Australian leading list energy companies: Santos, AGL and Origin. These three firms will be taken into the comparison by analyzing four different aspects of how they disclose in their Sustainability Report. Firstly, determine how do three companies are accountable for their sustainability issues. Second, find out any major incidents three companies have experienced during FY2013 and explain how they address the incidents. Then, discuss any type of theories that can be applied to explain about the incidents three companies had. Finally, explain how the companies address social and health issues, as well as all of environment matters. Content Executive Summary i Contents i Introduction 3 Question 1 1 Question 2 4 Question 3 6 Question 4 7 Conclusion 9 Reference List 11 Introduction According to Global Reporting Initiative (GRI) guidelines: A sustainability report is a report published by a company or an organization about the social, environmental and economic impact caused by its everyday activities. And due to the nature of the energy industry,Show MoreRelatedAccounting Theory Assignment 21710 Words   |  7 PagesWONG Assignment 2 – 1500-word Essay Topic: How social and environmental reporting practices undertaken by companies highlight the limitations of the conceptual framework. Introduction: Accountancy has always been concerned with mainly the accountability of directors to shareholders and companies to creditors. As companies grow larger and become more integrated with the society, this call for a focus towards sustainability and being accountable to a wider range of stakeholders (Perks, 1993). CorporateRead MoreAn Overview of Auditing17849 Words   |  72 Pagesprimarily to detect fraud d. b. and c. are true The correct option is d. Feedback: Section 1.3 The auditing environment 5. Which of these was not an Australian corporate collapse? a. HIH Insurance Ltd. b. One.Tel. c. Harris Scarfe. d. all were Australian corporate collapses The correct option is d. Feedback: Section 1.1 Auditing fundamentals 6. ABC firm are the auditors of XYZ Company. The partner responsible for the audit has recently spent a week working with XYZ as a paid consultant on their internalRead MoreA Responsibility Of Business Society : A Review And Issues Essay2042 Words   |  9 Pagesassociations, are adopting a variety of so-called voluntary CSR initiatives that incorporate, for example, ‘codes of conduct; measures to improve environmental management systems and occupational health and safety; company ‘triple bottom line’ reporting on financial, social, and environmental aspects; participation in certification and labeling schemes; dialogue with stakeholders and partnerships with NGOs and UN agencies; and increased support for community development projects and programes’. The revivalRead MoreCorporate Social Responsibility ( Csr ) Essay2075 Words   |  9 Pagesassociations, are adopting a variety of so-called voluntary CSR initiatives that incorporate, for example, ‘co des of conduct; measures to improve environmental management systems and occupational health and safety; company ‘triple bottom line’ reporting on financial, social, and environmental aspects; participation in certification and labeling schemes; dialogue with stakeholders and partnerships with NGOs and UN agencies; and increased support for community development projects and programes’. The revivalRead MoreWestfield Group : Organisation Analysis Report2803 Words   |  12 PagesWESTFIELD GROUP - Organisation Analysis Report Executive summary This organization analysis report provides an analysis of diversity and multiple sources of an Australian firm named Westfield. 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In order for companies to comply with the legislation, significant costs need to be incurred without any guarantee that the benefits will accrue to the investors or the company. The legislation will be regarded as being successful if a)

Management Decision Making Financial Figures

Question: Describe about the Management Decision Making for Financial Figures. Answer: 1 (a) In the current case, Mr. Brad Shelton, who works as consultant for Software Solutions Ltd, has been given a task to find out a suitable software package for job costing. For this purpose, he has been given a duty to analyze different software packages available in the market and finalize the one. Thus, Mr. Brad is in a position where he has the highest authority in respect of finalization of the software package. This position could encounter some ethical issues. For example, Mr. Brad Shelton could be bias in taking decision as regards software package and he may give preference one over another due to some freebees being offered to him. For instance, Jennifer Jolie, who works as salesperson for Pitt Ltd, a software developer, could offer him some sort of inducement to finalize her companys software package. Further, since Mr. Brad is the only person, so it is also possible that he faces allegations for being unethical despite discharging his functions ethically and honestly. Therefore, considering the sensitivity of the matter and ethical concerns, it is advisable that Mr. Brad should not take that trip offered by Jennifer Jolie (Bredeson Goree, 2012). 1 (b) No, the management of software solutions should not allow Mr. Brad to go on the trip to analyze the software of Pitt Ltd. If the company allows Mr. Brad to go on this trip, it may give rise to many ethical issues as discussed on question 1 (a) above. Jennifer Jolie is offering the trip to Mr. Brad on behalf of her company, Pitt Ltd. For this trip, Pitt Ltd is offering to bear all expenses of the trip that Mr. Brad will incur. Further, Pitt Ltd is also offering Mr. Brad to take his family along with him on this trip, the expenses of which will also paid by Pitt Ltd. This is clearly an inducement given by Pitt Ltd to Mr. Brad so that he can finalize its software for sales to accounting firms. In this case, it is likely that Mr. Brad would be biased and despite being of lower quality, he may finalize the software package of Pitt Ltd. Therefore, considering the above situation and facts of the case, the management of Software Solutions Ltd should not allow Mr. Brad Shelton to go the trip (Bredeson Goree, 2012). 1 (c) A code of conduct is necessary to guide the employees and infuse in them a culture of ethics. Every company needs to have a proper code of conduct in place for its employees so that their activities could be guided in the right direction. Thus, Software Solutions Ltd should also have code of conduct for its employees. The properly drafted code of conduct helps to inculcate the ethical behavior in the employees and creates a positive atmosphere within the organization. It reduces inequality by providing safeguards against any kind of biasness. Further, the code of conduct reduces the vulnerability and brings in stability in the operations of the organization. It is not only advantageous for strategic decision making, but it also benefits the day to day management of the affairs (Engle, 2006). In addition to the above, companys reputation is also strengthened when the activities of the employees are guided by the code of conduct. The positive reputation of the company in market is handy from financial view point also. Further, code of conduct also provides legal backing to the company against the criminal conducts of its employees (Engle, 2006). Although, code of conduct is advantageous to the company in all respects, but in some instances, its advantages may reverse. For example, code of conduct may limit the employees ability speak up against something noticed wrong. The employees may, because of fear to lose their jobs, not speak up against something unethical done by the top management. Further, improperly drafted code of conduct may create chaos among the employees (Engle, 2006). 2 (a) The consolidated profit and loss account is prepared to by the parent company taking its subsidiary companies together. It is prepared to present the financial performance of the group as a whole. The statement of profit and loss of Greencross Limited for the financial year 2016 presents the consolidated financial performance of the Greencross group as a whole. 2 (b) S.No. Item As at 30 June 2016 $000 Classification with reason i. Cash and cash equivalents 62,583 Asset: Simply asset means cash or other resources owned by the entity which can be converted into cash. ii. Marketing cost 17,821 Expense: an item which is incurred in one period and does not benefit over two or more periods is classified as expense. iii. Occupancy costs 10,880 Expense: an item which is incurred in one period and does not benefit over two or more periods is classified as expense. iv. Cost of goods sold 324,949 Expense: an item which is incurred in one period and does not benefit over two or more periods is classified as expense. v. Provisions 10,118 (5,601+4,517) Liability: Provisions are obligations on the company to be paid out in future. vi. Inventories 92,002 Asset: Inventories are resource controlled by the company that can be converted into cash in future by selling off. vii. Property, plant and equipment 156,867 Asset: Property, plant and equipment are the resources controlled by the company that generate economic benefits over the number of periods and these can be converted into cash in future by selling off. 2 (c) Item 2016 2015 % Change Summary (what this means for Greencross Ltd) Gross margin percentage 55.73% 54.42% 1.31% Increment in gross profit margin by 1.31% indicates operational efficiency and savings in the cost of goods sold. Operating expenses 339,404.00 302,219.00 12.30% Revenue Growth 734,009.00 (Greencross, 2016) 645,016.00 13.80% Revenues grew by 13.80%, which indicates that the company is growing and demand of its products increasing (Bohm, 2008). NPAT 54,649.00 35,723.00 52.98% Substantial increase in NPAT is the result of increased sales and savings in cost of goods sold. It indicates improvement in the profitability. Finance cost 15,986.00 13,580.00 17.72% Increase in finance cost indicates that the company has raised more borrowings Non-current assets 726,404.00 682,509.00 6.43% Increase in Non-current assets appears to be due to additions in the property plant and equipment, which indicates that the company is expanding (Bohm, 2008). Number of stores and veterinary clinics at the end of the year 440= (220 stores+120 clinics) 332= (200 stores+132 clinics) 108 The increase in the number of stores and clinics indicates that the company is expanding the business operations. Cash flow from operating activities 78,636.00 14,691.00 435.27% Substantial increase in cash flow from operating activities indicates improved liquidity position of the company. 2 (d) In order to analyze the trend in the financial progress of the company, it is essential to compare the figures of current year with the previous year(s). This is the primary reason that the organizations give comparative figures in the financial statements. Further, the comparative analysis is also crucial for the investors in analyzing their investment decisions. Analyzing the current years financial figures and comparing them with the previous year gives an understanding of the direction which the companys business is running in. Taking these things into consideration, Greencross Limited has presented corresponding financial figures of the year 2015 in the financial statements of the year 2016. This information is vital for the shareholders of Greencross Limited because it provides relevant information for investment decision making to them (Bohm, 2008). References Bohm, A. (2008). Interpretation of key figures in financial analysis. GRIN Verlag. Bredeson, D. Goree, K. (2012). Ethics in the Workplace. Cengage Learning. Engle, E. 2006. Private Law Remedies for Extraterritorial Human Rights Violations. Eric Engle. Greencross. (2016). Annual report of Greencross Limited. Retrieved November 22, 2016, from https://www.greencrosslimited.com.au/Docs/2045-GXL0002-_Greencross-Annual-Report-2016.pdf