Thursday, September 3, 2020

Is global warming due to human actions Can the human race take action Research Paper

Is a dangerous atmospheric devation because of human activities Can humankind make a move to stop a worldwide temperature alteration - Research Paper Example From uncontrolled cutting of the trees and misrepresented consuming of petroleum products to arrival of toxic gases in the air because of the modern insurgency, varieties in atmosphere limits to contracting degree of Arctic ocean ice and rising ocean levels, the issue of a worldwide temperature alteration has expressly damaged numerous expected positive parts of life. This paper is principally founded on considering the intricate details of the grave issue of an Earth-wide temperature boost and its impacts on a supportable world. The conversation about if or if not there is any pretended by humankind in expanding the frequency of a dangerous atmospheric devation is additionally introduced, while the existential chance of any manners by which people can or can't obtain command over the grave results delivered by this most noteworthy natural opponent of all occasions likewise shapes a piece of the contention. Realities and conversation introduced in this paper are intended to enlighten the truth of the case that â€Å"with the horticultural and modern transformation, land-use change, and an expansion in ozone depleting substance fixations in the air, the issue of an Earth-wide temperature boost has notwithstanding reinforced and acts like reusing, vitality preservation, and tree ranch can help lessen this.† Beginning with talking about the unequivocal effect made by an Earth-wide temperature boost on the Earth both ecologically and topographically, it merits referencing that while the mechanical upheaval has helped the humankind by giving business openings, it has likewise affected the world condition in a profoundly lamentable manner. Less dependence on vitality utilization and expanded consuming of non-renewable energy sources with modern emanations which builds the CO2 gas fixation in the air have legitimately assumed a gigantic job in expanding the Earth’s temperature. The rate with which the human populace has been expanding so hugely over the past numerous years additionally adds to the seriousness of the issue of an unnatural weather change in light of the fact that with a remarkably huge human populace, there is by all accounts no evident end to the progressing utilization of land, vitality, and fossils, therefore ecological researchers will in general be at loss of structuring any valuable system for obtaining an enduring power over this sensational and pressing natural crisis. Exploration considers notice that since the start of the mechanical insurgency, huge measures of nitric oxide and carbon dioxide gas have been discharged in the climate persistently because of which the worldwide temperature is likewise on a steady ascent with the outcome that the issue of an unnatural weather change has unequivocally prevailing with regards to affecting the Earth both naturally and topographically such that nobody can stay unmindful of it. Over the past numerous years, the degree of Arctic ocean ice has been declining and appa rently, a huge number of square kilometers of ocean ice have been lost because of expanding temperatures. Such upset Arctic atmosphere designs have prompted expanded wastage of the sun’s vitality which ordinarily must be reused back towards space, yet with the ice liquefying at an extraordinary pace in the Northern Hemisphere, the sea waters ingest a large portion of the sun’s vitality and this clarifies why the worldwide normal ocean levels are expanding. Presently, the rising ocean levels is viewed as one of the most exceedingly awful results of an Earth-wide temperature boost welcomed on by quickly liquefying ice tops which has guided countless individuals to move away from the waterfront regions and settle down elsewhere. The expansion noted in the evapotranspiration rates because of the steady ascent in an Earth-wide temperature boost is

Saturday, August 22, 2020

Case Analysis Of ST Marine Free Samples †MyAssignmenthelp.com

Question: Examine about the ST Marine Case Analysis. Answer: Presentation The case is about record adulteration of S$48,887 by the previous senior VP (fund) and gathering budgetary controller of Singapore Technologies (ST) Marine gathering. Ong Teck Liam (VP) and other four top administrators conceded to a few charges. The court discovered that this training was done to encourage the installment of pay-offs to the workers of ST Maritime clients. This report inspects the case and arrangements of the issues while advocating them. An inside and out clarification of every issue is given and research diaries used to legitimize the activities as unlawful, question the exercises and offers possible elective goals. Area one arrangements with case examination and three issues for the situation are distinguished and legitimized in particular bookkeeping extortion, representative pay off and maltreatment of intensity. Suggestions are then made for every one of the issues recognized. Case Analysis The issues for the situation can be summed up into three, in particular, bookkeeping extortion/adulteration of records, paying off of workers for favors in business and maltreatment of intensity or authority. Bookkeeping Fraud Bookkeeping misrepresentation is the procedure by which bookkeeping specialists utilize their insight to control the figures in the record books (Jones, 2011). As indicated by Bebbington et al. (2014), the way toward bookkeeping in its tendency requests the execution of shifted thought processes and thoughts. It is from this assorted variety that control emerges, lie and manufacture at some less dependable bookkeeping staff. As per Section 477A of the correctional code of the Singapore constitution, misrepresentation of records is regarded as bookkeeping extortion. A record can be any book, composing, or any security of significant worth. Bookkeeping misrepresentation happens when there is a penetrate in the money related arrangement of an association with the end goal that the extortion isn't effortlessly identified (Sharma, Panigrahi, 2013). Additionally, the trick for the most part includes more than one individual on the grounds that any money related exchange or endorsement must experience a procedure which includes different monetary supervisors vested with various specialists. For the situation under investigation, the record adulteration was completed by the VP of money by marking a lot of sham checks distorted as discounts to the workers for the amusement costs which were never acquired as a general rule. The purpose behind the distortion of the records was to siphon cash from the organization and to pay off the representatives of ST Marines clients. This demonstration adds up to bookkeeping misrepresentation and the VP (account), Ong, is liable of the offense. To exacerbate the situation, she had distinguished this abnormality when she was first utilized at ST Marine, Ong was approached to sign money checks which had no supporting receipts, and when she scrutinized her staff in the account office, she was informed of the illicitness and that it had become a custom. She consented to join business as usual and continued with bogus preparing claims subsequent to hearing that previous senior officials had rehearsed the anomaly for more than 12 years. She wa s even given a report on the most proficient method to furtively fashion the cases without notice. Different authorities that arranged and offered the money incentives did as such under the authorization of the official administration of ST Marine, for example, the previous head working official Han Kwang; ST Marine president See Teck among others. The administration ought to have misrepresentation recognition techniques set up, and they ought to be noticeable to all the staff. As per Omar et al. (2016), the perceivability of the control strategies to the representatives assists with forestalling false practices. The association ought to receive different revealing components as a method of distinguishing and forestalling misrepresentation (Stubbs, Higgins, 2014). In this way, the HR division needs to rebuild the associations detailing structure to oblige various report instruments. Paying off of representatives. Pay off is a demonstration where degenerate dealings are done with representatives of potential temporary workers or clients with the point of making sure about a business advantage over contenders (Ameyaw et al., 2012). Instances of pay off have gotten normal in the current serious and monetary emergency showcase where every association is all set for any miles remembering drawing in for illicit acts to guarantee that they stay serious in the market and play out the best. Pay off is another type of defilement, a demonstration that is illegalized by all countries on the planet since it debilitates the business sectors and government assistance, and makes the authority, establishments, and organizations to seem skeptical (Brammer, Walker, 2011). Cheung, Rau, Stouraitis, (2012) state that pay off charges can take various structures relying upon the idea of the business and are considered by firms as the definite alternate route to organization advancement and achievement. On account of record distortion in Singapore, workers of ST Marine clients were paid off so they could grant contracts for transport fix, building, or change administrations. This likewise bargains the technique that is required in the granting of agreements, where all the bidders are assessed, and the victor is granted by capability as it were. The boat fix contracts were granted in light of the fact that the representatives of the client organization had been undermined through a pay off. Therefore ST Marine increased an uncalled for advantage over their rivals subsequently adding up to a wrongdoing culpable in any courtroom. Much the same as Cheung, Rau, Stouraitis, (2012) note that organizations participate in pay-offs for the honor of agreements for increasingly noteworthy advantages, ST Marine is a guide with that impact. The court discovered that ST Marine had spent at least S$24.9 million in pay-offs for more than twelve years. This is proof that the organization was picking up from its act of paying off despite the fact that it was illicit. The decision of the official courtroom on Ong liable for bookkeeping extortion and encouraging pay off close by four other senior administrators is verification of the illicitness of their activities. To stop the way of life of representative pay off at ST Marine which has been encouraged for long, the association needs to make a straightforward and open procedure of agreement securing. The HR group ought to alter the approaches on the acquisition procedure after genuine investigation to distinguish any escape clauses. Armstrong Taylor (2014) reasons that hierarchical strategies on acquisition serve to forestall any holes where just a couple of individuals are associated with the procedure. The human asset office ought to likewise empower familiarity with the code of morals at the working environment (Bishop, 2013). The HR the board ought to compose classes and workshops to sharpen the representatives of these morals. Maltreatment of intensity Maltreatment of intensity is a demonstration that is polished by those of higher specialists at the working environment and is viewed as a wrongdoing (Rosenblatt, 2012). Maltreatment of power can happen in various structures relying upon the circumstance (Bartling, Fehr, Schmidt, 2013). Maltreatment of intensity can be characterized as exploiting the vested powers and abusing them for personal stake. For the situation, the claims of record distortion are executed by senior official officials of ST Marine who incorporate the senior VP of fund, the previous head working official, Aerospace president among others. Ong who was the VP (account) is the one vested with the authority of affirming any budgetary costs and without her mark, no cash can be discharged. This is a similar case with other senior administration authorities involved for the situation. The archive on the most proficient method to control figures in the money office was introduced to Ong after she presumed some illicitn ess in the money checks she was to affirm. She as educated that the previous head working official used to approve the payment of such invented claims. This, in this way, suggests the way of life of bookkeeping extortion was started and moved by people with great influence whose duty was to keep such issues from occurring. As per Wells (2013), it is the senior administration that is generally in the cutting edge in the instances of pay offs for the honor of agreements since they would need the associations they are going to perform and thusly serves to be a snappier technique. The issue of abuse of intensity for the situation is an aftereffect of the absence of productive and successful review by the governing body. To control any chance of this issue emerging once more, ST Marine should set a revealing framework where all the staff in the association are made mindful of the misrepresentation hazard approach and the related results (Joseph et al., 2015). The human asset the board ought to compose for a normal mindfulness battle notwithstanding staying authoritative qualities at basic gathering spots to constantly help the representatives to remember what is anticipated from them. The association ought to likewise actualize inner controls that will guarantee the wellbeing of bookkeeping records. This should be possible by isolating obligations in the account division with the goal that not a solitary individual can approve a money related exchange (Adetoso et al., 2013). Suggestions The issue encompassing the instance of ST Marine for more than 12 years currently is a moral issue that requires the foundation and advancement of a moral culture. Goetsch, Davis (2014) sees that morals the board procedure is the focal job of the HR division as a team with different offices. Religious administrator (2013) opines that authoritative duty and sets of principles are subject to the built up corporate culture. In this way it is fundamental on account of ST Maritime to assemble a moral culture so as to manage the reason for the issues. a vital human asset the executives (SHRM) that is perfect for ST Maritime is one that will set up and build up a moral culture. This SHRM will initially survey morals dangers and openings that exist in the organization, at that point create and change the current code of morals and procedures as needs be. In the wake of finding out the missing connection, at that point the following stage is to incorporate t

Friday, August 21, 2020

Unit 3 – Supporting Children

E1. Five bits of current enactment are: 1. Sex Discrimination Act 1975 2. Equity Act 2006 3. Childcare Act 2006 4. Race Relations Act 2000 5. Extraordinary Educational Needs and Disability Act 2001 E2. The Sex Discrimination Act 1975 states that we ought not separate on the grounds of sexual orientation and that the two sexes ought to be dealt with similarly with similar rights. This implies professionals ought to include young men and young ladies in all exercises and ought not offer remarks, for example, ‘Girls are more reasonable than boys’. Balance Act 2006 gives a lawful system to secure the privileges of people and advance uniformity of chance for all.That implies that professionals should regard all youngsters as an individual and give kids equivalent open doors as kids have singular needs that ought to be met. Childcare Act 2006 joins the government assistance principles with which all settings enrolled to work with youngsters under 8 years must go along, and fur thermore gives a learning system to kids matured 0-5 years called the Early Years Foundation Stage. The government assistance prerequisites influence a significant part of the everyday practice inside settings, for instance the grown-up to youngster proportion in rooms.Race Relations Act changed 2000 apply to segregation on the grounds of shading, race, nationality and ethnic and national starting points. It expresses that professionals should give equivalent chances to all youngsters regardless of what their race, nationality and ethnic starting point is. Uncommon Educational Needs and Disability Act 2001 states that professionals ought not treat crippled kids less well than other kids. It additionally expresses that schools must guarantee that they make sensible acclimations to guarantee that kids with incapacities are not set at a disadvantage.E3. Protecting is characterized as: All offices working with kids, youngsters and their families taking every sensible measure to guarante e that the dangers of mischief to kids' government assistance are limited. Arrangements and Procedures will help defend kids by ensuring that all means are taken to shield youngsters and youngsters from hurt. To guarantee this make a situation in the setting which urges youngsters to build up a positive mental self view, paying little mind to race, language, religion culture and home background.Encourage kids to build up a feeling of self-sufficiency and autonomy and empower kids to have the self-assurance and the jargon to oppose improper methodologies. Following the right strategies in the setting is fundamental in such a case that there is a mishap and you have followed all the right systems then the mishap isn't your deficiency; be that as it may on the off chance that you haven't followed the right methods, at that point you are answerable for any mishaps that occur and the results are your shortcoming. Unique Educational Needs and Disability Act 2001 states that specialists ou ght not treat handicapped kids less well than other children.It additionally expresses that schools must guarantee that they make sensible changes in accordance with guarantee that youngsters with incapacities are not put off guard Another approach that will shield kids is Health and Safety Policy. This approach intends to guarantee that settings both inside and outside are secure, protected and sound spot for kids, guardians, staff and others to be around in. This arrangement likewise intends to forestall mishaps, wounds and sick wellbeing, and it ensures all staff knows about potential perils inside the setting and the general condition. E4.An Inclusion strategy guarantees that all understudies are completely remembered for all parts of school life and have an equivalent open door regardless of what their sexual orientation, religion, race, foundation, explicit trouble or physical capacity is. This strategy expects to help the individual needs of every single kid perceiving their privileges and bringing issues to light. By having a relations or association with parents’ arrangement set up a setting, encourages a setting to perceive that guardians and carers are the main instructors of their youngsters. â€Å"Parents are children’s first and most suffering educators.When guardians and experts cooperate in early years settings, the outcomes positively affect children’s advancement and learning. † Commitment 2. 2 Parents as Partners, EYFS The policy’s point is to work in organization with guardians and carers in giving a domain that underpins and includes them in the setting. A setting can do this by advising guardians regarding how the setting works, opening occasions and arrangements and systems through composed data on notice sheets and include guardians in the mutual advancement record keeping about their kid and guarantee they approach their child’s formative records..Another strategy that is given to advance reaso nable, just and comprehensive techniques is ‘Equal Opportunities’. This strategy is intended to give chances to all individuals to accomplish as indicated by endeavors and capacities. This approach implies people will be provided food for and they will be given fairness of chance regardless of what inability, ethnic starting point, ailment, sexual orientation, unique instructive need, religion and age. As a professional working in a setting you should comprehend that everybody is equivalent and everybody has various requirements and capacities. E5.One procedure which my setting uses to engage youngsters to create freedom and confidence is appearance time. At the point when kids show up to class they have not many occupations to do before they plunk down on the rug. Right off the bat what they need to do is put their book sacks in right box Hares, Rabbit or Reading Group Box it relies upon which bunch they are in and whether it is their chance to peruse. To see whether i t is their chance to peruse they turn upward on the perusing board to check whether their image is up. When they have done this they need to do likewise with their lunch boxes.Then its opportunity to discover their pegs and hang up their jackets. All youngsters have their own pegs with their image and name on them which makes it simpler for kids to discover their pegs. At long last kids bid farewell to their folks and plunk down on the rug in their sitting spaces. Another procedure that my setting uses to engage kids to create autonomy and independence is ‘Special Helper Day or some of the time called VIP day. All youngsters in the study hall have a go to be a VIP. Kids have uncommon employments to do when it is their chance to be VIP. In the first part of the day the instructors tells youngsters who theVIP is and give kids a VIP sticker. At that point kids are approached to take the register and cash container to the workplace and in transit back to get the natural product bo x. For the duration of the day VIP’s are answerable for giving the leafy foods out at nibble time and during the day the assistance the educator in straightforward undertaking, for example, giving the paper out or putting pencil plate on the tables. E6. Progress is a period of progress, when youngsters go through the different phases of life. For the infant this can mean being weaned from milks to strong nourishments, and for the youngster it implies beginning nursery and afterward school.There are numerous systems and instances of how childcare settings can plan kids for move or change. These are recorded underneath: Parents can become as on edge as their kids about the transition to another class. Professionals will routinely have gatherings for ‘new parents’ before their youngsters start school. Additionally, most standard arrangements have gatherings when guardians can meet their child’s new educators; where staff can converse with guardians officially about the schedules and casually to become acquainted with each other.It is a chance to show guardians the format of the setting, and all the commonsense things which guardians need to think about and for them to meet new staff. Understanding books, pamphlets, handouts and hearing stories that manage the subject of change will plan and bolster kids. This assists with acquainting kids with the progress procedure and limits the dread of the obscure. A few kids whose subsequent language isn't English will think that its hard to convey or decipher the data gave and the setting will require a translator to facilitate the child’s transition.Ensuring that all documentation about a youngster is sorted out and fit to be given to a parent/carer or different experts as fitting to the circumstance For instance a key individual may hand on a child’s formative records. Youngsters having solace objects brought from home will guarantee that a kid has a smoother change. Having a solac e object offers kids mental solace and security particularly in one of a kind or abnormal circumstances and furthermore empowers independence.Allowing a lot of chances for youngsters to communicate their sentiments and feelings through innovative and expressive play will ease progress and create self improvement abilities. Innovative play encourages youngsters to work out ‘real life situations’ which at that point causes them to replay the circumstances which causes kids to make answers forever which is fundamental for youth onwards. Expressive play encourages kids to discharge their feelings which will help a youngster who has recently begun in a setting to feel more confident.It will assist with figuring out how to communicate feeling all the more adequately. By having data given by the parent/carer a setting will be progressively mindful of a child’s specific needs or prerequisites accordingly this organization is urgent. The job of the key individual is addit ionally imperative to give dependability to the kid and security for the youngster. E7. Segregation can happen on the grounds that a few people can have exceptionally cliché perspectives by having a judgemental approach against kids they don’t know and they at that point accept they comprehend what the youngsters are competent of.Assuming you recognize what the kids are equipped for can prompt disclosing to them they can’t do certain exercises that other kids are doing, when really they might be ca

Saturday, June 6, 2020

Modern Technology And Ethical Dilemmas

Modern Technology And Ethical Dilemmas Introduction One effect of ethical theories is to go beyond emotions and intuitions. As a result, they can have a substantial position in the business world. It is critical that a person in the business community has professional ethics because entry into the workforce leads a person to a place where an individual is in some relations, which involve rights and duties. The professional relationships include associations with the clients, employer, co-professionals, society, and the environment itself including the technology at the employee’s disposal. Comprehending the rules and ethics applying to these relationships is critical. One relationship, in particular, is the connection with technology in the modern world. Modern day technology overall has a positive influence on a person’s moral development within the business. Case study David Barker is an IT consultant working at Quins Private, a private investigating firm. He is 33 years old, and has previously worked for a terrorist countering organization, but was fired, and remained unemployed for a long time before his employer Jack O’Brien employed him. The reason for his removal from the force was a suspicion that he was collaborating with terrorists and using his profound knowledge of information technology and communication systems to sell secrets to terrorists. David had a hard time finding employment until Jack gave him a position with the promise of being honest. He pledged to avoid an instance where his loyalty was in question in the private investigation firm. His work involved collaboration with many secrets and information that others would pay huge amounts for, but David would have to fight the temptation to commit a federal crime in any of his actions. In his line of work, he is in situations where he faces ethical decisions that could destr oy his career, and the lives of many if he chooses poorly. He faces the dilemma that many find, as they exist in a computerized society since he has to act morally concerning technology. Technology is in the business world creates a high level of accountability because it is possible to trace the chain of responsibility for actions and decisions in the workplace (Gini and Marcoux 67). Ethics is important in his line of work and his life because of the power that he, as a professional affects the physical and social environment. David has to be mindful of five areas as he works with technology. He must be conscious, integrity, responsibility at work, competence, and advancing human welfare. These areas are imperative to the ethical theories. If David upholds all these areas in the everyday instructions, he may confidently work and say he acts in a morally responsible way. Ideas and concepts are an essential basis for the daily actions, and they should assist David if he chooses right in tackling the difficult ethical decisions with zeal and confidence. He invites Jack to play close attention to this work in his time at Quins Private until he earns trust, or exclusively if he pleases, an act of good faith from David. Hypothetical Dilemmas Surveillance technology and virtues ethics; a sense of accountability The surveillance cameras in all areas of the workplace, including private sanitation areas and balcony’s, influence David to retain a stable virtual character in response to virtue ethics, when he receives a threat against his life, of he does not assist criminals to access the personnel files at a particular bank. David receives an anonymous email that indicates the sender was currently watching him in the office and is aware of his movements. The email directs him to perform some actions that are not in line with the character he has embraced since beginning to work for Jack. The anonymous senders threaten to kill him if he does not access the bank records for a bank and send them to them through an undisclosed channel. The bank is not within his locality and is in fact in another state. This fact alone potentially makes the action relatively easy since he knows the route to take, and he can use some of his prior experience and knowledge of banking information technology inf rastructure to gain the information and send it, protecting his life. He faces the dilemma, and David has a time limit to take action. On the one hand, technology makes it easy for him to breach ethics, and avail this information, protecting his life. After all, he has the technique, the experience, and the motive. However, there are surveillance cameras and devices to monitor the work of every server in the workplace. Even though he knows he can perform the action, he knows that the intensity of the situation could cause him to leave a mark. Additionally, he does not want to tarnish the virtues character he has developed in his time there. He chooses to alert his colleagues on the matter, and on notifying Jack, the resources of the firm redirect to finding the anonymous senders and protecting his life while performing a virtuous act. In this case, technology, and the knowledge of the same has a positive influence on David’s moral development. Firms should have a policy that allows surveillance of the work of employees to ensure no person is carrying out illegal activity. According to virtue ethics, the character of an individual is the key element in ethical decision making, as opposed to the rules about the acts (Harris, Wijesinghe, and McKenzie 76). If it was about the rules, David has broken them before, and it would be easy to make the same decision again. However, the knowledge that he requested for surveillance through different forms of technology, he is aware that his actions will come out to the light. He does not desire to tarnish the character he is struggling to build and earn the trust of his colleagues. The Dodd-Frank Wall Street reforms and consumers protection are one of the acts that provide guidance for the oversight and supervision of financial institutions, and it makes the action David would have taken an illegal one. However, within the organization, Jack had strictly prohibited unmanned hacking for personal gain, and breach of this security policy would have seen David lose his job. Self-sacrifice scenario and utilitarian ethics; using technology for good David used the utilitarian ethics to evaluate the action with aggregate welfare benefits and acted accordingly after finding information using technology, which could have harmed the organization if it went unrevealed. Jack had made it illegal to hack for personal gain, as indicated previously. The company enrolled a new employee on contract to work on a case. David had to work with the new employee, but noticed a few behaviors that were awkward. For instance, he liked to work in private, and when questioned about this behavior, he shrugged it off and said he enjoys working privately. James, having worked in the law enforcement, David had training on behaviorism. He was able to identify suspicious behavior and decided to do something about it. David hacked the personnel files, found a few clues, and decided to look deeper into the employee’s past using technology from his past at the government counter-terrorist organization. He revealed that the contract employee had some tie s with an international criminal organization, and wondered if Jack was aware. He knew if he kept the information to himself, there is a chance that the reputation of the firm would stand a high-security risk. Utilitarian ethics consider the action that would have the highest benefit (Mizzoni 91). A utilitarian perspective reveals the different benefits that would come with any option he would choose. He contemplated keeping the information to himself to protect his position of employment since hacking is illegal according to the policies of the organization. However, that would only benefit himself. If he revealed the information, it would help all the members of the firm. He decided to take the action that would benefit the highest number of people and forward the information to Jack. He decided to talk to Jack and explain that his training and the software allowed him to come to this truth. Jack understood and responded appropriately. In this scenario, technology motivated the right decision and provided information that was critical. The organization and the government have a counter-terrorism policy, and the use of technology helped mold David’s decision to choose the action th at has the most benefit. Businesses should run their employees through a security screening procedure, and use technology to their advantage, ensuring they do not hire criminals and endanger stakeholders. Care ethics and using technology for organizational and national protection When faced with the same situation that cost him his job previously, the difficult decision, and the interaction with the technology in the firm, David used care ethics to come to a decision. The technology that in the company monitored the work of all his employees, including David Barker and made it easier for him to make this decision. The people whom he sold information to the first time contacted him again and asked him to find some more information about them. The pay this time was four times the first pay, and the temptation was present. However, aware of the terms of his employment and the role of technology in monitoring his work molded his decision at this time. In care ethics, the individual has to have positive partial relationships along with appropriate domestic virtues (Hamington and Sander-Staudt 90). He acted in a manner that was sensitive to the relationship he had created by Jack upon employment. Additionally, he took responsibility for his actions and decided to act in a responsible manner. His choice guided by care ethics was in line with the policies of the organization and the government since he chose the legal action, and did not sell the information, which would be unethical. The government should implant a surveillance body that protects the nation’s secrets from criminals who trade huge sums of money for delicate information Conclusion Technology has a positive effect on an individual’s moral development and the responsiveness of a person to an ethical decision in business. When faced with different ethical dilemmas, David focused on the teachings of ethics, chose the right one, responded accordingly, all of which were guided by technology. The role of technology in making these decisions is clear from the evidence above. An explicit collaboration between technology, integrity, and ethics is clear from his actions.

Wednesday, May 6, 2020

Business Plan For A Business - 2550 Words

Activities 1. Review current menu in terms of business focus 2. Get staff feedback 3. Get customer feedback 4. Point out restaurant goals and business 5. Write menu redesigning proposal 6. Get restaurant owners approval 7. Initiate stake holder support 8. Get stake holders approval and contribution 9. Redesign new menu 10. Trail with restaurant stake holders 11. Modify the trail menu 12. Mass print the modified RESOURCES 1. Restaurant business plan, current menu, current and historical sales report. 2. Staff survey form relating to customer service 3. Customer survey form relating to staff service 4. Restaurant business form financial budget 5. Microsoft word power point and excel 6. Completed menu redesigning proposal 7. Noticeboard†¦show more content†¦Budget level START DATE END DATE 03/06/2014 13/06/2014 11/06/2014 13/06/2014 09/06/2014 12/06/2014 02/07/2014 16/07/2014 02/05/2014 11/5/2014 18/07/2014 31/7/2014 22/07/2014 30/07/2014 02/08/2014 16/08/2014 18/08/2014 30/08/2014 02/09/2014 16/09/2014 18/09/2014 31/09/2014 02/10/2014 10/10/2014 The project stakeholders: -Restaurant manager -Restaurant director -Restaurant directors -Restaurant suppliers -Restaurant staffs -Accountants -A TO -Printing organization -Restaurant clients Establishing appropriate systems: All levels of restaurant staffs are inspired and launched to give their inputs also proposals to plan the new menu to draw in and hold more clients presently and later on. They include: . Support: attorneys, gourmet expert, sous culinary specialist are all spurred to give their assessments as far as the appearance, cancellation and expansion of new things on the current menu, they have given numerous inventive and innovative thoughts for the commitment of new menu. . Business Plan For A Business - 2550 Words Activities 1. Review current menu in terms of business focus 2. Get staff feedback 3. Get customer feedback 4. Point out restaurant goals and business 5. Write menu redesigning proposal 6. Get restaurant owners approval 7. Initiate stake holder support 8. Get stake holders approval and contribution 9. Redesign new menu 10. Trail with restaurant stake holders 11. Modify the trail menu 12. Mass print the modified RESOURCES 1. Restaurant business plan, current menu, current and historical sales report. 2. Staff survey form relating to customer service 3. Customer survey form relating to staff service 4. Restaurant business form financial budget 5. Microsoft word power point and excel 6. Completed menu redesigning proposal 7. Noticeboard email and internet 8. Noticeboard internet intranet survey forms 9. Microsoft, word excel and power point software’s 10. Newly designed menu 11. Newly designed stake holder opinion 12. modified COMPLAINCE 1. Meet with company profit margins 2. Simply standard answers to choose from time saving 3. Simplified standard answers to timing saving 4. Ensure business UST and taxation. 5. Includes benefits of current and future menus cost benefit analaysis 6. Included project frame and budget level 7. Set a deadline for final conformation and support approval 8. Set a deadline for final comments and collection 9. Comply with organisation business development 10. Loyal customers and other stake holders 11. Comply with budget level organisationShow MoreRelatedBusiness Plan For A Business1223 Words   |  5 Pagesyour own business is to prepare a business plan. 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Case Study of Corporate Finance Largest Company

Question: Describe about the Case Study of Corporate Finance for Largest Company. Answer: BHP Billiton Limited BHP Billiton, a multinational by nature, is also Australias one of the largest company and it can also be said that BHP Billiton is the worlds largest among the mining companies in relation to its profit generation and value wise. Its global headquarters are in Melbourne, Australia. The company was incorporated in 2001 by the process of merger of two companies Anglo-Dutch Billiton plc and Australian Broken Hill Propriety Company Limited or BHP. The company was listed on various important stock exchanges of the world like Australian Securities Exchange (ASX), London Stock Exchange (FTSE) for BHP Billiton plc. It is also listed with Japan Stock Exchange, New York Stock Exchange for both BHP Billiton Ltd and BHP Billiton Plc (Bhpbilliton, 2016). The businesses spread over 25 different countries and 30 locations with varied interests and almost 42,000 employees are there. The business visa-vis countries or locations are as-- North America USAOil Gas (3 sites), Coal. CanadaPotash Potash headquarters. South America ChileCopper (2 Sites) Copper Headquarters. ColombiaCoal, Nickel. PeruCopper. BrazilIron ore. TrinidadOil Gas. Europe LondonCorporate Office. K.Oil Gas. Africa AlgeriaOil Gas. South AfricaFerro Alloys Steel, Titanium, Aluminium Smelters. MozambiqueAluminium Smelters. Asia SingaporeMarketing Headquarters. MalaysiaGlobal Processing CentreCorporate Office. PakistanOil Gas The companys growth is still in the line as expected in the areas of Copper, Oil Gas, and Iron Ore. But the disaster at the Brazil operations has placed the company in a very tight situation. The Brazil disaster got politically framed and legal entangles have made the company bit sluggish there (Yeomans, 2016). The Standards and Poor downgraded the BHP credit to A from A+ due to Brazil disaster. The weakness due to Brazil disaster is shown up in the share prices also which had fallen substantially. The accurate role of the CFO is to present accurate and timely financial information to the management and to the stakeholders. The role of the managers are not limited, on the basis of the report the future course of action will be acknowledged. The controlling and the management of creditors, employees and other stakeholders are the primary responsibility (BHP Billiton, 2016). The treasury duty of the management is to ensure that he will decide about the probable option available to the company regarding investment and the investment opportunities. The consideration of liquidity and timeliness is the main area of the treasury responsibility. Financial Management and CFOs Role The Finances of any business needs to be managed in a very professional manner so that the financial health of the company is well lived and profit generation and working capital employed and its assets are used in a very professional and systematic manner. The process depends and varies from company to company and its size and type. The basics of all finance are to have accounting and auditing to know the exact financial position of the business and its growth plan and progress. To do this in better manner bigger companies employ very high knowledgeable and qualified and experienced professional accountants to manage the finances of the company with great caution and care. Such accountants may Chartered Accountants, may be MBAFinance, Cost and Management Accountant and so on as it all depends on the choice of the management concerned and business type where what type of person is required. The main motto is to create e better safeguarding policy for financial management and fund allocation (Investopedia Staff, 2016). The position thus calls CFO or Chief Financial Officer. The main duties of the CFO are of different types although financial management are the main area. In the perspective of BHP Billiton Limited CFOs role should as stated below. The CFOs are mainly responsible for the past and future financial situation of the company. The most efficient and the effective policy of the company are to ensure economic forecasting and modelling and the responsibility rests on the CFO regarding policy making. The role of CFO is complex one and the occasionally it is seen that CFOs need to scratch surface to get the thinks done and or put them in order (Managementhelp, 2016). The other responsibilities of CEO include planning, operation, financial information and risk management (Accountingtools, 2016). Planning and that part comprises of following; The planning for the future direction of the company The financial and the tax strategies are to be developed The capital requirement and the budgeting factors is also part of planning The development of the performance measure of the company Operations include; The participation in the decision making body including shareholders meeting Management of third party transactions Oversee the international business and operations Oversee the employee benefit plan and the operational benefit plan (TRAMMELL, 2014). Companys performance and Liabilities including Cash flow for BHP Billiton The Cash or fund flow management is the most important element to prepare a forecast planning and budgeting without which any big operations cannot perform in the best possible manner. Thus fund flow will help to make proper allocation of the fund available and also to arrange and rearrange of fresh funds from different sources available and to create new sources for more funds so that at any given point of time this new source can be used to make new financial acquisitions or to handle exigencies which are unforeseen (Anderson, 2016). The Liabilities are also risky areas to be handled in such a manner that it does not become a burden on the company at any point of time and also due this the profit will be affected. The legal, taxation part including statutory compliances is the area where unforeseen things can take place hence a policy must be formulated to guard such areas. The main operation of the company is concentrated for five types of areas of interests. They areCoal, Potash, Petroleum, Copper, and Iron Ore (BHP Billiton, 2016). The growth is in the fields of Coal by producing almost 45 Metric tonne in 2015.The oil extraction generated almost 260 million barrels of oil and almost 1.9 million tonnes of copper, and as well 238 metric tonne of iron ore. Financial Relationships, Capital Sourcing, Department management: The CFO is responsible to maintain a departmental control on all its members and employees so that the functional part is at par as policy guidelines stated. The objective of the control should be to see that every one responsible for their job is doing so in right manner and also in time so that any financial data or report required by the Board or the higher management can be easily met and achieved to show that the departments are doing right jobs. All such departments should also be subject to regular audits both internally and externally to find any mistakes are lying anywhere which is not visible but can be located on audit. The CFO is responsible to arrange this audit and preparation of various reports and financial statements for auditors and the management to take vital decisions (Agrawal et al., 2016). The CFO needs to have a good relation with all suppliers, debtors, creditors, bankers, Auditors and shareholders so that all these stakeholders have full faith in the business and its Board and management. Hence the CFO is the bridge actor between the Board higher management and all other stakeholders as well as all other employees of different departments related to finance, accounts, taxation, statutory compliances or government liaison, purchase, sales, marketing, advertising and publicity, budgeting and forecasting, production, packaging, logistics, distribution and most important the inventory or stock department (BIERY, 2015). CFO is the only person needs to in contact with all departmental heads so that actual fund requirement by each and every department is placed into the budgeting and forecasting and planning can be made to arrange for more funds. Banks and lenders are to be placed in confidence of CFO to get more funds easily and to make banks agree to allow more overdrafts for emergency fund requirement as well from the debtors (Investopedia Staff, 2016). Profit Margin Enhancement The profit is the most important of all things people think about a business. It is the primary duty of the CFO is to increase the margin of profit. For this he needs to introspect all areas of functioning and report to management where he sees risk is there and company will be at loss by taking such risks. He also highlights the grey areas where immediate rectifications are required to save company from losses from any particular operations. For this CFO needs to study each and every cost centre reports on weekly, fortnightly , monthly, quarterly, half yearly and yearly basis very seriously and also make variance analysis on such reports (BHP Billiton, 2016). B: Efficient-market hypothesis It is a well known debate among the investors whether the market is efficient and it reflects all the information made available to the participants of the market. According to the theory efficient market hypothesis (EMH) all stocks are perfectly priced because of inherent investment properties and the information available to all market participants. At the first glance several flaws to the concept or the theory can be found. The efficient market hypothesis perceives all available information in the same manner. There are numerous methods and values that are used to valuing the stocks. One investor generally looks for undervalued market opportunities and another looks for the valuation of the stocks on the basis of growth. At the same point of time two different investor values stocks at different fair market value (Team, 2016). According to the other assessment no single investor can attain greater profitability compared to the other investor who has invested in the same fund. According to EMH both investors will gain identical return out of two stocks. According to EMH no single investor has clear advantage over another and there would be no change of return. According to the third assessment of market, EMH observes that no investor ever be able to beat the market and average annual return would be achieved by the investors and by the funds. There are several examples of the investors who have constantly beaten the market. Therefore the EMH theory is not all correct to reflect the human wisdom and intellect (Bergen, 2016). There are some of the evidences which somewhat supports the theory. It is quite common occurrence in the market is negative news. It happens that native news is not followed by the drop of prices but a no correction and it is followed by the surge in price. All investors start saying that market already priced in or discounted the bad news. If EMH is considered essentially to be correct, the no investors can beat the market. Investors performance does not always follow the hypothesis. This is a theory that has some relevance to the operation of the market. The intuition of human mind and the efficiency of humans are not the same, the pricing strategy adopted by the investors and the fund managers are not same. The interpretation of publically available information is also not the same. Unless the theory acknowledges human intelligence, where it is used the most cannot be correct 100% (Maverick, 2015). Most of the economists describe that market has no memory. Therefore the fund managers wait for the managers when the market would become inefficient. This simply means that if the markets were truly efficient then the investors would not have been able to beat the market and constantly achieve superiorratesofreturn. According to two branches of EMH, weak and semi strong theories price in the market is not fairly adjusted and market at times becomes inefficient when investors beat the market and achieve the higher rate of return (Hu, 2014). References: Accountingtools, 2016. Chief Financial Officer (CFO) Job Description. [Online] www.accountingtools.com Available at: https://www.accountingtools.com/job-description-cfo [Accessed 13 September 2016]. Agrawal, A., Goldie, J. Huyett, B., 2016. Todays CFO: Which profile best suits your company? [Online] www.mckinsey.com Available at: https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/todays-cfo-which-profile-best-suits-your-company [Accessed 13 September 2016]. Anderson, C., 2016. What Are the Top Ten CFO Responsibilities? [Online] www.bizmanualz.com Available at: https://www.bizmanualz.com/be-a-better-boss/what-are-the-top-ten-cfo-responsibilities.html [Accessed 13 September 2016]. Bergen, J.V., 2016. Efficient Market Hypothesis: Is The Stock Market Efficient? [Online] www.investopedia.com Available at: https://www.investopedia.com/articles/basics/04/022004.asp [Accessed 13 September 2016]. BHP Billiton, 2016. BHP Billiton Announces Simplified Operating Model To Accelerate Productivity and Value Creation. [Online] www.bhpbilliton.com Available at: https://www.bhpbilliton.com/investors/news/bhp-billiton-announces-simplified-operating-model [Accessed 13 September 2016]. BHP Billiton, 2016. OUr Company. [Online] www.bhpbilliton.com Available at: https://www.bhpbilliton.com/aboutus/ourcompany [Accessed 13 September 2016]. Bhpbilliton, 2016. Board of Directors. [Online] www.bhpbilliton.com Available at: https://www.bhpbilliton.com/aboutus/leadership [Accessed 13 September 2016]. BIERY, M.E., 2015. 4 Key Functions of a Chief Financial Officer. [Online] www.entrepreneur.com Available at: https://www.entrepreneur.com/article/242001 [Accessed 13 September 2016]. Hu, D., 2014. because not all information is factored into the market. [Online] www.coursehero.com Available at: https://www.coursehero.com/file/9913393/1112/ [Accessed 13 September 2016]. Investopedia Staff, 2016. What does a Chief Financial Officer (CFO) do? [Online] www.investopedia.com Available at: https://www.investopedia.com/ask/answers/04/042204.asp [Accessed 13 September 2016]. Managementhelp, 2016. Roles and Responsibilities of Chief Executive Officer of a Corporation. [Online] managementhelp.org Available at: https://managementhelp.org/chiefexecutives/job-description.htm [Accessed 13 September 2016]. Maverick, J.B., 2015. Has the Efficient Market Hypothesis been proven correct or incorrect? [Online] www.investopedia.com Available at: https://www.investopedia.com/ask/answers/032015/has-efficient-market-hypothesis-been-proven-correct-or-incorrect.asp [Accessed 13 September 2016]. Team, T., 2016. Efficient Market Hypothesis Doesnt Always Work. [Online] www.nasdaq.com Available at: https://www.nasdaq.com/article/efficient-market-hypothesis-doesnt-always-work-cm118007 [Accessed 13 September 2016]. TRAMMELL, J., 2014. Lead From the Top: 5 Core Responsibilities of a CEO. [Online] www.entrepreneur.com Available at: https://www.entrepreneur.com/article/233354 [Accessed 13 September 2016]. Yeomans, J., 2016. Mining giant BHP Billiton stumbles to worst-ever loss. [Online] www.telegraph.co.uk Available at: https://www.telegraph.co.uk/business/2016/08/16/mining-giant-bhp-billiton-stumbles-to-73bn-loss/ [Accessed 13 September 2016].