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The Effect Of Globalization In Transit The Business Work
In this report I am going to characterize the importance of Globalisation and evaluate the effect of globalization in transit the business work.
Globalisation alludes to the procedure of connection and joining among the general population, organizations and additionally administrations of
nations around the globe, especially as far as exchange, venture and innovation. The procedure of globalisation, impacts affects the earth, society,
political frameworks, financial advancements, thriving and human physical prosperity in the social orders the world over.
It is trusted that for a large number of years, the procedure of culturally diverse purchasing and offering of products among individuals has been
proceeding in the terrains at awesome separations. For example, through the celebrated around the world Silk Road crosswise over Central Asia that
associated China and Europe amid the Middle Ages. In a comparative way, for a considerable length of time, individuals and associations have put
resources into undertakings in different nations. Truth be told, lion 's share of the elements of the flow wave of globalization are like those predominant
before the resulting of First World War in 1914 (Waters, 1995).
As far as worldwide economy and worldwide organizations, account, creation and environment, globalization has significant effects. Exchange: It is an
across the board reality that universal exchange has expanded to phenomenal levels when contrasted with the nineteenth
... Get more on HelpWriting.net ...
Team Work in Business
Title: Write a research paper of the importance role as well as the effectiveness of team work in business.
At the beginning of eighteen century, high quality products of Japan started occupying the world market rapidly. The success story of Japanese
companies made American companies surprise and curious, then American soon found that team work was one of the keys for Japanese companies'
success. For two hundred years, team work has been widely applied successfully in business and it is considered as an important element in helping
companies to work more effectively. For this reason, team work at workplace has become a very significant topic in business research during the past
time. Understanding the importance role of team work in ... Show more content on Helpwriting.net ...
In particular, when there are any variations or chaos in the market, teams in companies especially the cross–mutational teams will be gathered to set up
a new design or plan or solution to deal with this change. Thirdly, team work helps companies to enhance their quality service, especially customer
satisfaction and this show clearly in the below table:
ObjectivePercentage of respondents(n = 100)
Delivering customer satisfaction 77
Achieving total quality74
Overcoming departmental barriers 65
Encouraging cross–functional co–operation63
Changing the corporate culture63
Involving employees62
Increasing speed of response56
Building closer relationships with customers55
Improving managerial productivity49
Harnessing individual talents48
Building a learning organization44
Encouraging teamwork in the boardroom43
Creating a flat and flexible organization36
Focusing on the delivery of outputs33
Building closer relationships with suppliers26
Internationalizing the business25
Allocating roles and responsibilities21
Table II. Corporate objectives for which teamwork is currently ranked "very important", table from Drew, Coulson–Thomas, Transformation through
teamwork: the path to the new organization? (1997 < http://www.emeraldinsight.com/Insight/ViewContentServlet? Filename=Published
/EmeraldFullTextArticle/Pdf/1350030303.pdf>).
The table II showed the rank of the importance level of team work to the corporate
... Get more on HelpWriting.net ...
A Business Continuity Plan For Sunshine Machine Works
Week 6 You Decide Transcript– Sunshine Machine Works
In this day and age, a business continuity plan is essential to an organizations risk management. A large organization like Sunshine Machine Works
understand that time is critical when it comes to natural disasters or man made interruptions to their network systems. When a system is offline for
excessive amounts of time, could mean a loss to the organization. That's why having an effective business continuity plan is vital to keeping operations
for being disturbed during a time of crisis whether it is an attack or natural disaster that could potentially affect Sunshine Machine Works operations,
data and networks.
The business continuity plan for Sunshine Machine works must be designed ... Show more content on Helpwriting.net ...
When taking a look deep into an organization's different departmental operation, it becomes clear how to plan to protect the most data and also which
areas is more operation critical. While preventing interruption is the most important aspect of this plan, no one can predict the weather or any other
attack. As part of the steps to implement the business continuity plan, Sunshine Machine Works will need to document arisk management plan, business
impact analysis, incident response plan, plan activation, incident response team, communications, contact list and recovery plan section. Once all has
been documented, the organization will need to test, evaluate and update schedule.
Risk Management Plan
The risk management plan defines what activities within the organization are critical to operations. During this stage of planning, Wilma Stone, Margie
Nelson, Gary Thomas and other Sunshine Machine Works Management personnel will need to determine how much of a risk the organization is
exposed to and create a plan to minimize the amount of damage the exposure could have. Other stages of the risk management planning process will
include the likeliness of the risk happening, what the consequences will be, and which risk are considered priority.
Determining the level of risk should be broken down into 4 categories: low, medium, high or very high. A consequences scale should also be created.
Different levels of risk bring on different level of consequences.
... Get more on HelpWriting.net ...
Case Study : Business Practice, Work Orientation, And The...
Snemps Consulting Firm has been in business since 2001, we are located at 400 East Avenue in Warwick, RI. For over 15 years we have
continuously strived for excellence. We pride ourselves on providing the most up to date technology and techniques. We approach every client as if it
were one of our own. We believe our company should be more than just an advisor. We offer a full service training program including coaching,
implementing effective tools to resolve and cope with conflict with the most diverse group in the workplace. We build positive, productive, and healthy
work environments.
Like most projects, our first initial meeting will be held with upper management team and the Human Resource Director to discuss specific
communication problems and conflict. In addition, we will discuss the knowledge of your business practice, work orientation, and the overall
relationship between management and employees and review what are the company policies are as a whole.
The following assessment is to first evaluate the cultural fluency . Training programs in this area provide to be very effective tool of communication
between management and employees. Scheduling monthly meeting between Snemps Consulting Firm and ABC Manufacturing Company will be
scheduled weekly to discuss additional problems and objectives. Monitoring activities will measure how effective the training and coaching programs
are progressing. This will allow for making changes and reassess and make
... Get more on HelpWriting.net ...
Essay on Understanding Work Duties in Business Management
There are many different fields in the business world. Business Management is the largest field in the corporate world. It takes responsibility, skill and
determination to form a successful business of any type. There are numerous areas within a business that need the skills of management. Control of
expenses, payroll, time management, and to initially raise capital to start a business all are areas in which management has to play an important role.
Any businesses main objective is to gain a profit. A profit is the amount of money a business earns after all of it debts are paid. The field of
management is essential to organize the business in such a way that a profit is made. The business start up is the most important piece of ... Show more
content on Helpwriting.net ...
One type of cost is called fixed cost. This type of cost is the expense of a business that does not change and are always constant in a business. When
money is made, debts are the first initiative to be paid off. Fixed costs include rent, wages to employees, and equipment needed to produce you good
and or service. In for example a Flower shop, the fixed costs would be the rent on the building, the payment of the delivery vans, and employee salaries.
The other type of costs is called variable cost. This type of cost is one that is ever changing. Again in a Flower shop the variable costs would be a
dozen roses. One week a dozen roses may cost the flower shop five dollars to buy them and then they sell them for forty–five dollars. Then the next
week the price of the roses my rise by five dollars now costing the flower shop ten so in order for the florist to make the same amount of money as
last week he needs to increase his price to the consumer with the increase on price he is paying. The basic main idea of cost is to keep it as low as
possible to gain the highest profits. Determining the profit of a business is another major part of management. Profit is the total income that you
receive after paying all of your debts. All debts include for example rent, wages, and interest. A general formula to calculate profit is P = R– C. This
says when total revenue is subtracted from
... Get more on HelpWriting.net ...

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The Effect Of Globalization In Transit The Business Work

  • 1. The Effect Of Globalization In Transit The Business Work In this report I am going to characterize the importance of Globalisation and evaluate the effect of globalization in transit the business work. Globalisation alludes to the procedure of connection and joining among the general population, organizations and additionally administrations of nations around the globe, especially as far as exchange, venture and innovation. The procedure of globalisation, impacts affects the earth, society, political frameworks, financial advancements, thriving and human physical prosperity in the social orders the world over. It is trusted that for a large number of years, the procedure of culturally diverse purchasing and offering of products among individuals has been proceeding in the terrains at awesome separations. For example, through the celebrated around the world Silk Road crosswise over Central Asia that associated China and Europe amid the Middle Ages. In a comparative way, for a considerable length of time, individuals and associations have put resources into undertakings in different nations. Truth be told, lion 's share of the elements of the flow wave of globalization are like those predominant before the resulting of First World War in 1914 (Waters, 1995). As far as worldwide economy and worldwide organizations, account, creation and environment, globalization has significant effects. Exchange: It is an across the board reality that universal exchange has expanded to phenomenal levels when contrasted with the nineteenth ... Get more on HelpWriting.net ...
  • 2. Team Work in Business Title: Write a research paper of the importance role as well as the effectiveness of team work in business. At the beginning of eighteen century, high quality products of Japan started occupying the world market rapidly. The success story of Japanese companies made American companies surprise and curious, then American soon found that team work was one of the keys for Japanese companies' success. For two hundred years, team work has been widely applied successfully in business and it is considered as an important element in helping companies to work more effectively. For this reason, team work at workplace has become a very significant topic in business research during the past time. Understanding the importance role of team work in ... Show more content on Helpwriting.net ... In particular, when there are any variations or chaos in the market, teams in companies especially the cross–mutational teams will be gathered to set up a new design or plan or solution to deal with this change. Thirdly, team work helps companies to enhance their quality service, especially customer satisfaction and this show clearly in the below table: ObjectivePercentage of respondents(n = 100) Delivering customer satisfaction 77 Achieving total quality74 Overcoming departmental barriers 65 Encouraging cross–functional co–operation63 Changing the corporate culture63 Involving employees62 Increasing speed of response56 Building closer relationships with customers55 Improving managerial productivity49 Harnessing individual talents48 Building a learning organization44 Encouraging teamwork in the boardroom43 Creating a flat and flexible organization36 Focusing on the delivery of outputs33 Building closer relationships with suppliers26 Internationalizing the business25
  • 3. Allocating roles and responsibilities21 Table II. Corporate objectives for which teamwork is currently ranked "very important", table from Drew, Coulson–Thomas, Transformation through teamwork: the path to the new organization? (1997 < http://www.emeraldinsight.com/Insight/ViewContentServlet? Filename=Published /EmeraldFullTextArticle/Pdf/1350030303.pdf>). The table II showed the rank of the importance level of team work to the corporate ... Get more on HelpWriting.net ...
  • 4. A Business Continuity Plan For Sunshine Machine Works Week 6 You Decide Transcript– Sunshine Machine Works In this day and age, a business continuity plan is essential to an organizations risk management. A large organization like Sunshine Machine Works understand that time is critical when it comes to natural disasters or man made interruptions to their network systems. When a system is offline for excessive amounts of time, could mean a loss to the organization. That's why having an effective business continuity plan is vital to keeping operations for being disturbed during a time of crisis whether it is an attack or natural disaster that could potentially affect Sunshine Machine Works operations, data and networks. The business continuity plan for Sunshine Machine works must be designed ... Show more content on Helpwriting.net ... When taking a look deep into an organization's different departmental operation, it becomes clear how to plan to protect the most data and also which areas is more operation critical. While preventing interruption is the most important aspect of this plan, no one can predict the weather or any other attack. As part of the steps to implement the business continuity plan, Sunshine Machine Works will need to document arisk management plan, business impact analysis, incident response plan, plan activation, incident response team, communications, contact list and recovery plan section. Once all has been documented, the organization will need to test, evaluate and update schedule. Risk Management Plan The risk management plan defines what activities within the organization are critical to operations. During this stage of planning, Wilma Stone, Margie Nelson, Gary Thomas and other Sunshine Machine Works Management personnel will need to determine how much of a risk the organization is exposed to and create a plan to minimize the amount of damage the exposure could have. Other stages of the risk management planning process will include the likeliness of the risk happening, what the consequences will be, and which risk are considered priority. Determining the level of risk should be broken down into 4 categories: low, medium, high or very high. A consequences scale should also be created. Different levels of risk bring on different level of consequences. ... Get more on HelpWriting.net ...
  • 5. Case Study : Business Practice, Work Orientation, And The... Snemps Consulting Firm has been in business since 2001, we are located at 400 East Avenue in Warwick, RI. For over 15 years we have continuously strived for excellence. We pride ourselves on providing the most up to date technology and techniques. We approach every client as if it were one of our own. We believe our company should be more than just an advisor. We offer a full service training program including coaching, implementing effective tools to resolve and cope with conflict with the most diverse group in the workplace. We build positive, productive, and healthy work environments. Like most projects, our first initial meeting will be held with upper management team and the Human Resource Director to discuss specific communication problems and conflict. In addition, we will discuss the knowledge of your business practice, work orientation, and the overall relationship between management and employees and review what are the company policies are as a whole. The following assessment is to first evaluate the cultural fluency . Training programs in this area provide to be very effective tool of communication between management and employees. Scheduling monthly meeting between Snemps Consulting Firm and ABC Manufacturing Company will be scheduled weekly to discuss additional problems and objectives. Monitoring activities will measure how effective the training and coaching programs are progressing. This will allow for making changes and reassess and make ... Get more on HelpWriting.net ...
  • 6. Essay on Understanding Work Duties in Business Management There are many different fields in the business world. Business Management is the largest field in the corporate world. It takes responsibility, skill and determination to form a successful business of any type. There are numerous areas within a business that need the skills of management. Control of expenses, payroll, time management, and to initially raise capital to start a business all are areas in which management has to play an important role. Any businesses main objective is to gain a profit. A profit is the amount of money a business earns after all of it debts are paid. The field of management is essential to organize the business in such a way that a profit is made. The business start up is the most important piece of ... Show more content on Helpwriting.net ... One type of cost is called fixed cost. This type of cost is the expense of a business that does not change and are always constant in a business. When money is made, debts are the first initiative to be paid off. Fixed costs include rent, wages to employees, and equipment needed to produce you good and or service. In for example a Flower shop, the fixed costs would be the rent on the building, the payment of the delivery vans, and employee salaries. The other type of costs is called variable cost. This type of cost is one that is ever changing. Again in a Flower shop the variable costs would be a dozen roses. One week a dozen roses may cost the flower shop five dollars to buy them and then they sell them for forty–five dollars. Then the next week the price of the roses my rise by five dollars now costing the flower shop ten so in order for the florist to make the same amount of money as last week he needs to increase his price to the consumer with the increase on price he is paying. The basic main idea of cost is to keep it as low as possible to gain the highest profits. Determining the profit of a business is another major part of management. Profit is the total income that you receive after paying all of your debts. All debts include for example rent, wages, and interest. A general formula to calculate profit is P = R– C. This says when total revenue is subtracted from ... Get more on HelpWriting.net ...
  • 7. Business Communication Trends At The Work Place BUSINESS COMMUNICATION TRENDS AT THE WORK PLACE Jason Buckley 11/18/2014 Abstract It is well aware that communication always plays a very important role in our life. Communication means to transfer the information from one person to another. It means it is the exchange of the information, ideas, facts and opinion with another in the form of verbal, non–verbal or in a written way. Communication is important everywhere, whether it is related to our personal life or professional life. It helps us in understanding the message of others and effectively improves our relationship with others. This is the reason that every organization is focusing on the business communication. Every year, companies spend lots of money in training and development for improving the communication skills of the employees. It helps the companies in improving its relations with the external world. Business Communication Trends Communication is a process in which the flow of information is irreversible. Once the message is sent, it is not possible to get it back without delivery. So it is very important for everyone to have a basic understanding about the communication process. An effective communication process is considered a two–way process in which the sender sends the information through various channels and the receiver receives the information. But a proper feedback ensures the sender that the receiver has received the right information. So if it is found that the ... Get more on HelpWriting.net ...
  • 8. Can Lean Work For Your Service Oriented Business Case Study CAN LEAN WORK FOR YOUR SERVICE–ORIENTED BUSINESS? Susan Kinkle MBA Operations Management December 14, 2017 Module 5 Final Paper Can Lean Work for Your Service –Oriented Business? Lean processes have been a part of manufacturing businesses for many years. We have studied Fords interchangeable parts and Toyota –style lean methods in our business classes and may have embraced much of the terminology in our own companies. Muda means waste, and there are endless examples of companies that have done great things to limit or nearly eliminate waste. While it is easy to identify the Lean stars of manufacturing, leaning up a service business can be a bit trickier. While entirely possible to do so there are things to... Show more content on Helpwriting.net ... Alsmadi, M., Almani, A., & Jerisat, R., 2012, p. 382). In services, Lean must focus on eliminating waste differently than manufacturing. Minimizing lead times between customer demand and fulfillment can be one of the ways to reduce waste. The services sector is now moving towards enhancing the customer experience. With this goal, there should be proper alignment between efforts to improve operational efficiency and achieving more customer satisfaction. (Ganapathy, 2015, p. 5). For years companies have turned to IT (Information Technology) to make things easier and reduce the waste of paper and human computers. When companies find themselves regularly maintaining and upgrading their software is there room for Lean in software development? With business requirements perpetually changing can a business get to the place where the system is good enough? Cost cutbacks, faster time–to–market, improved products and differentiated services are now the essential pillars in managing any software development process. The shift has been to move away from the customary Systems Development Life Cycle (SDLC) approach to newer standards that provide higher certainty and decreased risk by ensuring that business deadlines are met. (Pillai, A., Pundir, A., & Ganapathy, L., 2012, p. 107). As a methodology for waste reduction, one should interpret the Lean concept in the software context in a more significant way. Non–value–added activities in a software environment could be
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  • 10. Analysis: Business Ethics-Faith That Works Discussion 4–1 Through our reading in Business Ethics–Faith That Works, it discusses different components and principles to help us understand biblical business ethics and how faith integrates with business. Ruddell describes the Christian foundation to business ethics as a different because it is a distinctive worldview. Since the covenant is described as the foundation for business ethics, I would say it is one of the components of the Biblical view of work. The covenant is a deep truth that bridges generations and cultures. Business Ethics–Faith That Works uses the covenant as a framework for discussing global business ethics. The covenant is the guiding principle in business ethics because it hits at the heart of business which is trusting ... Get more on HelpWriting.net ...
  • 11. Per Business Insider, Forty-Two Million Prostitutes Work Per Business Insider, forty–two million prostitutes work in both legalized and illegalized countries. Many countries have taken different legal paths to deal with prostitution. These paths include; prohibition, making all forms of prostitution illegal; legalize, making all forms legal; and decriminalizing, normalizing prostitution. The debate of how to handle prostitution cannot be discussed until prostitution is understood. The Merriam–Webster dictionary describes prostitution as "the practice or occupation of engaging in sexual activity with someone for payment." Prior to the nineteenth century, prostitution in the US was legal in red light districts, zoned areas where there was little conflict between communities and businesses, and the ... Show more content on Helpwriting.net ... As the policies currently stand in the US, no health requirements for prostitutes are in place and this damages public health. The justice system assumes that deterring people from participating in prostitution will prevent the spread of sexual transmitted diseases but this is not the case and has not always been the argument against prostitution. In an article called "Why is Prostitution Criminalized? An Alternative Viewpoint on the Construction of Sex Work," by Rebecca Hayes–Smith and Zahar Sherkarkhar, researches argue that before the nineteenth century the debate was based on moral grounds, but after the nineteenth century it was shifted to the medical issues. It is especially interesting that, "At the time doctors urged the government to regulate and license prostitution so that prostitutes would be required to take medical exams," because medical professionals were only wanting exams while the government pushed that illegalization was the only way to prevent the spread of STDs (Smith and Sherkarkahr 45). Nonetheless, protecting prostitutes and clients from STDs is a big concern in all countries but illegalization is not the way to protect the public. In an article "What to know about Nevada's legal brothels," by Michael Martinez, he discusses the different health regulations that brothels in Nevada abide by. It is noted that, "The state board of health requires sex workers to undergo testing for sexually transmitted infections. Monthly blood testing is ... Get more on HelpWriting.net ...
  • 12. Summary: Loyalty Rewards Work Best For Online Business Brian Bergeron Kennesaw State University Loyalty Rewards Work Best for Online Businesses Dr. Gannage MKTG 3100, TR 8:00–9:15pm Article 1 Review Due Date: 9/2/2015 1.Article Loyalty Rewards Work Best for Online Businesses By Chad Brooks Published by Business News Daily on June19, 2015 http://www.businessnewsdaily.com/8114–loyalty–rewards–online–businesses.html 2.Summary In this article, Brooks discusses how online businesses as well as regular businesses differ in benefitting from loyalty reward programs offered to customers. With the new age of technology becoming more and more prevalent, customers are less likely to actually travel to stores to purchase goods from businesses. The ones who do typically go to the places that ... Show more content on Helpwriting.net ... Not only do people have to spend less time traveling to the store and walking around looking for what they need then waiting in line to pay for the goods, but they also have to spend less money because of gas prices and the discounts online businesses are offering to customers who purchase online. This is essentially hurting offline businesses because the less people who are going out shopping, the less people are seeing their stores and wanting to stop to shop at their store. Also, many people are losing their jobs because the number of customers that walk into stores is dropping so there is less need for employees inside stores. 5.Recommendations To help alleviate the problem, offline businesses should start developing mobile apps for their businesses to keep customers connected with the business. Also, they could start selling products online to attract customers who online purchase goods online. For the online businesses, it would be beneficial to provide customers with loyalty rewards in order to retain customers and have them purchase from their company more than once. Another way to build loyal relationships with customers for online businesses could be by offering customers incentives to bring new customers to the business. 6.Do you feel the article topic covers relevant and current marketing trends and/or
  • 13. ... Get more on HelpWriting.net ...
  • 14. Business Of Telecommunications And The Work Center... Institution of Telecommunications in the Work Center Utilizing Virtualization and Green Computing Christina L. Linz Managerial Applications of Information Technology– MIS535 DeVry University, Keller Graduate School of Management August 12, 2014 Table of Contents Abstract3 Company Background 3 Business Problems4 High–Level Solution5 Approach5 Detailed Options/Solutions6 Implementation Plan10 Conclusion11 Summary of Recommendations12
  • 15. References13 Institution of Telecommunications in the Work Center Utilizing Virtualization and Green Computing at Yahoo! Inc. Abstract The business ... Show more content on Helpwriting.net ... Yahoo employees are expected to work long hours, and in return, the company offers a lot of on–site perks such as stock options/employee stock purchase plan, 401K, and vacation, Yahoo employees accrue two weeks in year one. Some of the perks for working the extra hours are back–up child care, commuter options, Health club and massages On–site dental care, on–site dry cleaning, and on–site haircuts. Yahoo values excellence, teamwork, innovation, customer fixation and fun. According to an article on About.com," We believe humor is essential to success. We applaud irreverence and don't take ourselves too seriously. We celebrate achievement, we yodel" (About.com, N.D.). Business Problems Telecommunication may already be a reality in some companies but there are many that are backtracking, bringing all employees back to the traditional office setting. The business problem that needs to be solved is how to effectively balance telecommuting with green computing and keeping productivity and morale high as well as costs of overhead and expenses low. CEO Marissa Mayer made a very controversial decision in February 2013 when it became public that she was recalling the previous policy of allowing employees to telecommute and instituting a "come–to–work order". Many in the industry referred to this a taboo when work from home was ... Get more on HelpWriting.net ...
  • 16. Case Study : Business Practice, Work Orientation, And The... Snemps Consulting Firm has been in business since 2001, we are located at 400 East Avenue in Warwick, RI. For over 15 years we have continuously strived for excellence. We pride ourselves on providing the most up to date technology and techniques. We approach every client as if it were one of our own. We believe our company should be more than just an advisor. We offer a full service training program including coaching, implementing effective tools to resolve and cope with conflict with the most diverse group in the workplace. We build positive, productive, and healthy work environments. Like most projects, our first initial meeting will be held with upper management team and the Human Resource Director to discuss specific communication problems and conflict. In addition, we will discuss the knowledge of your business practice, work orientation, and the overall relationship between management and employees and review what are the company policies are as a whole. The following assessment is to first evaluate the cultural fluency . Training programs in this area provide to be very effective tool of communication between management and employees. Scheduling monthly meeting between Snemps Consulting Firm and ABC Manufacturing Company will be scheduled weekly to discuss additional problems and objectives. Monitoring activities will measure how effective the training and coaching programs are progressing. This will allow for making changes and reassess and make ... Get more on HelpWriting.net ...
  • 17. Toyota 's Production System And How It Works With The... In this paper we will discuss Toyota's Production System and how it works with the strategy of their business. We will define their mission and visions goals and their core principles as it applies to their company. This paper will also discuss their basic approaches and general practices. It is also important to understand what the Toyota Production System entails and how Lean operations began. For instance, according to Stevenson, lean operation is a flexible system of operations that uses considerably fewer resources than a traditional system. For example, Lee's Transportation owned by Tony and Lisa Jones, can no longer operate due to several vehicle accidents caused by their drivers. This has resulted in an increase in their insurance premiums with All State and the premiums are too expensive for them to maintain their business. This unfortunate situation has caused a great hardship and Tony and Lisa have no other option than to discharge their employees. Eventually, they coordinate with a business partner and financial advisor and are able to start their company again under a changed name, Loving Hands. They are now able to obtain insurance coverage through State Farm. The Jones' re–hire their previous employees but with new policies and procedures implemented. They have incorporated monthly staff meetings on safety while driving, online training courses quarterly, in addition to driving classes being mandatory and held annually. Tony and Lisa executes strict policies ... Get more on HelpWriting.net ...
  • 18. Business Work 1. Which of the following statements is CORRECT? a. An externality is a situation where a project would have an adverse effect on some other part of the firm's overall operations. If the project would have a favorable effect on other operations, then this is not an externality. b. An example of an externality is a situation where a bank opens a new office, and that new office causes deposits in the bank's other offices to decline. True c. The NPV method automaticallydeals correctly with externalities, even if the externalities are not specifically identified, but the IRR method does not. This is another reason to favor the NPV. d. Both the NPV and IRR methods deal correctly with externalities, even if the externalities are... Show more content on Helpwriting.net ... What is the project's NPV? Risk–adjustedWACC 10.0% Net investment cost (depreciable basis) $65,000 Straight–line deprec. rate 33.3333% Sales revenues, each year $65,500 Operating costs (excl. deprec.), each year $25,000 Tax rate 35.0% a. $15,740 b. $16,569 c. $17,441 d. $18,359 e. $19,325 True 5. Florida Car Wash is considering a new project whose data are shown below. The equipment to be used has a 3 –year tax life, would be depreciated on a straight–line basis over the project's 3– year life, and would have a zero salvage value after Year 3. No new working capital would be required. Revenues and other operating costs will be constant over the project's life, and this is just one of the firm's many projects, so any losses on it can be used to offset profits in other units. If the number of cars washed declined by 40% from the expected level, by how much would the project's NPV decline? (Hint: Note that cash flows are constant at the Year 1 level, whatever that level is.) WACC 10.0% Net investment cost (depreciable basis) $60,000 Number of cars washed 2,800 Average price per car $25.00 Fixed op. cost (excl. deprec.) $10,000 Variable op. cost/unit (i.e., VC per car washed) $5.375 Annual depreciation $20,000 Tax rate 35.0% a. $28,939 b. $30,462 c. $32,066 d. $33,753 e. $35,530 ... Get more on HelpWriting.net ...
  • 19. Business At Work Essay Business At Work 1. Introduction 1.1 Aim The aim of this report is to understand the Business Environment and within organisation of Ford Motor Company (FMC), which includes the culture and management of the company. This report will also analyse and evaluate communication channels andquality control that FMC possess. Finally, conclusions will be drawn through the assessment of the process that is carried out by the company to meet their objectives, with recommendation of alternative approaches, which may enable FMC with further success in the future takings. 1.2 Report Structure The investigation will follow a structured analysis approach, illustrated in Appendix I. 2. Review of Ford Motor Company 2.1 ... Show more content on Helpwriting.net ... Currently, the Ford family owns 20% of the company's share. Although the Ford family owns such a small percentage of the company's share, they still hold the majority right of the company. As a well–established public limited company, FMC holds the advantage over newly set up company as it dominates the market with only a few major competitors such as General Motors and Toyota. However, as a successful plc, FMC faces threats from outside interests that may result as being the subject to fluctuation or even possible take–over battles. For example, in the past few years, Ford has taken over a couple of automotive companies such as Jaguar and Volvo. Also, they had discussions about taking over BMW but were unsuccessful.
  • 20. As described above FMC has made the translation from a small private company into a global public listed company over the past century. Its size and company structure has both its advantages and disadvantages. Advantages – Limited Liability – Continuity of the business (as a plc, it normally dominates the market) – Ease of buying and selling shares – The ease of capital inquisition (it's easier for a plc to raise their finances as financial institutions are more willing to lend money to a plc) Disadvantage – The ease of buying and selling shares may attract outside interest that may result for being the subject to fluctuation of possible take over battles. 2.2 ... Get more on HelpWriting.net ...
  • 21. Cloud Computing : An Incredible Business Solution That... Title – 1. Cloud Computing: Do You Really Need It? This Will Help You Decide! 2. Cloud Computing: An Incredible Business Solution That Works For All Summary – Cloud computing facilitates any organization with efficient data storage and management reducing company 's recurring cost and thereby increasing ROI. Body – Large, medium and even small organization are hosting their data centers, process, and all application online against subscription – pay for use basis, and these big data computations are done by the utility model – Cloud Computing. Cloud Computation can be broadly classified into – SaaS (Software as a service), IaaS (Infrastructure as a Service), PaaS (Platform as a service), XaaS (Anything–as–a–service). Users decide the one depending on their needs. Once the organization decided the suitable Cloud Technology for their needs, the next step is to select the Cloud deployment. Private Cloud – When the Cloud is dedicated and hence is designed to distribute application and information to any particular organization. The organization has the full control over such cloud. Public Cloud is subscription based when the users can use it on the basis of subscription. Customers can enjoy it without any maintenance fee. Hybrid Cloud – The last method of deployment is the Hybrid Cloud is a combination of both private and public Cloud deployment. It is so designed to facilitate the customers with both scalability and data privacy. But the question is when you can ... Get more on HelpWriting.net ...
  • 22. Course Work in Introduction to Business Law Case of Archbolds (Freightage) Ltd. V S. Spanglett Ltd. Randall {1961} 1 QB 374 The decision of the case of 'Archbolds (Freightage) Ltd. v S. Spanglett Ltd. Randall [1961] 1 QB 374' was made by the Court of Appeal The Judges who decided this case were Sellers, Pearce and Devlin L.JJ. The case was heard on 4th, 7th and 8th of November and 15th of December 1960. S. Spanglett Ltd were a Furniture manufacturers in London The key facts relating to Archbolds (Freightage) Ltd's claim were: The defendants were Furniture manufacturers in London and owned a number of vans with 'C' licences, which did not allow them to carry for reward the goods of others. The plaintiffs were carriers with offices in London and Leeds and their ... Show more content on Helpwriting.net ... There was a can of lighter fuel in the rear of the car, left by Mr Penniel, which had leaked inflammable gas into the inside of the car. The driver (Mr Penniel) entered the car and before driving off lit a cigarette. The gas was thereby ignited and Cutter sustained injury. The plaintiff claimed and was awarded damages and costs against Mr Penniel. But the judgment was not satisfied. The plaintiff therefore claimed against the insurers for the outstanding sum of pounds 15,575.54. The judge dismissed the claim on the ground that the accident had not occurred on a road. The defendants appeal against the decisions of the Court of Appeal was based on the grounds that the car in which the plaintiff was injured was not at the time of the accident being used on a road. Interpretation: i.Lord Clyde uses the 'Purposive approach' rather than the 'Literal approach' when deciding the case.
  • 23. References STATUTORY INSTRUMENTS.(2000), Retrieved April, 9, 2009 from http://www.egos.co.uk/legislation /Consumer_Protection__Distance_Selling_regs_2000_as_amended.pdf Statutory Instrument 2000 No. 2334 (2000), Retrieved April, 9, 2009 from http: //www.opsi.gov.uk/si/si2000/20002334.htm SALE OF GOODS ACT 1979 (2003), Retrieved ... Get more on HelpWriting.net ...
  • 24. Assignment 1: How Business Development Advisors Work? Advisors are experts that give guidance in a specific range that they have mastery in or with, and might likewise convey with them the way to actualize that counsel as a methodology and guarantee that it is executed if vital. A considerable measure of organizations have minimal extra time accessible or are uncertain where to begin with so much confounding and now and then clashing data accessible, so a specialist can bring greatly required clarity and assets. Entrepreneurs might work with an expert in inclination to utilizing staff since it gives them access to an exceptionally experienced person, who is presumably presented to the most recent patterns and would normally summon a high compensation, and as a rule chips away at the premise of conveying results similarly that a supplier would. ... Show more content on Helpwriting.net ... Considering another endeavor into another business sector and possibly another item or administration. Whichever way associating your business with new and existing clients successfully is the way to developing your business, expecting you are giving an item or administration that individuals need or need. How work together development advisors work? A business development specialist ought to help you to decide the most ideal method for associating your business with its picked market utilizing a technique or precise methodology that depends on center principals, mixed together with current patterns. Seeing how things as of now function in your business is the primary spot to begin and this gives you a reference point from which you can analyze the outcomes you accomplish once you have received new or developed old techniques. Being willing to grasp new thoughts and roll out improvements can be a key a portion of taking advantage of the sort of results you need to accomplish and having a framework will give you a method for measuring your advancement and expanding on your triumphs ... Get more on HelpWriting.net ...
  • 25. Case Analysis: Business Ethics in the Work Place CASE STUDY ASSESSMENT: CHAPTER ONE By David F. Dudley Week #1 January 16, 2009 CASE STUDY ASSESSMENT: CHAPTER ONE Introduction This document presents my opinions about the cases presented in (Boatright, R., John (2003). Ethics and the Conduct of Business. Upper Saddle River, NJ: Prentice Hall.) and articles from (Ambrose, John (2009, January 16). My Own Opinion, The Washington Case#1.1: Johnson & Johnson: The Tylenol Crisis This case study was a powerful example to illustrate the presence of ethics within the business environment today and the impacts they can have on not just shareholder's earnings, but on the public as a whole. First, we were presented with a shocking situation. Seven people had died... Show more content on Helpwriting.net ... This was an honorable act in the eyes of the victims. Case #1.4. A Sticky Situation Wow! This case study created some pretty serious food for thought. I would consider this case to be full of complexities that have many factors to consider. Being that the acting sales representative, Kent Green, is wavering on job security and unemployment that would not only effect him, but his two children and wife too, I would have to say that the situation must be looked at carefully before an outcome is determined. What is compounding the difficulty of the decision making process is that the label company bidding for the job is relying upon the sale of these six–color labels probably due to economic reasons. So, the pressure is on for Kent. He must choose between the ethical choice and the non–ethical choice of selling the labels to Jack. However, since we are looking for the ethical answer, we must accept the solution that is ethical and not immediately gratifying. It ties into the issue of honesty that we discussed in the second case study of this chapter. Tell the truth or lie? It is that plain when getting down to the root concerns here with this scenario. Even if Kent's job is on the line and his company needs the job, if he is to act ethically, he must choose to inform Jack of the truth since Jack's decision is based on whether or not Dura–Stick is producing the labels under Tim Davis. If the job is being outsourced and ... Get more on HelpWriting.net ...
  • 26. What Archaeological Evidence Is There for Work and... What Archaeological Evidence is there for work and Business in Pompeii? Like many towns in the Roman Empire, there were many jobs in Pompeii, and due to the fact that very few people had kitchens, many people owned restaurants, bars and various other "food shops". As well as food shops other popular businesses included Fishmongers, Merchants, Weapon Smiths, Farmers and many more, most of the workers were however slaves. Fishing: Due to the fact that Pompeii was so close to the sea, a common job for the residents was fishing, and because almost everyone went out for food almost every day, no matter if the fishermen sold the fish to restaurants or directly on the street, they could still make a good profit. Fishing was an even bigger ... Show more content on Helpwriting.net ... Evidence has also been found of graffiti promoting Fullers and Launderers believed to be early forms of advertising as well as showing the more decadent side of the city. Conclusion: There is a lot of evidence for business in Pompeii, mostly found in and around the forum and macellum, there is little evidence from the corpses found but a lot of equipment has been uncovered from various jobs. The forum and Macellum both played a big part in the lives of the residents of Pompeii; whether they worked there or not, it is likely people visited them very often to buy and sell. A lot of the jobs in Pompeii were well paid, and because of this, it was quite a wealthy ... Get more on HelpWriting.net ...
  • 27. How Work Place Bullying And Overall Performance Of An... Good morning, my name is Zak Omar and I'm your newly appointed HR manager at SSC enterprises. My presentation should give you an insight on how work place bullying and overall the performance of an employee can affect the success of the business. (STOP)Workplace Bullying is repeated, health–harming mistreatment of one or more persons by one or more perpetrators. It is abusive conduct that is threatening, humiliating, or intimidating, or Work interference in other words sabotage which prevents work from getting done, and it could also be verbal abuse.STOP Workplacebullying doesn't fall under everything that makes a person at work feel unrecognized or upset. Certain behaviours that produce risks to health and safety that are generated by bullies at work, whether if intentional or not fall under work bullying, examples include (refer to PPT) –abusive, insulting or offensive language or comments –Aggressive and intimidating conduct –belittling or humiliating comments –Victimisation –Practical jokes or initiation –Unjustified criticism or complaints –Deliberately excluding someone from work–related activities –withholding information that is vital for effective work performance Analysis Workplace bullying can harm the receiver in many ways but certain effects vary due to the unique characteristics and circumstance, for instance if they're extremely emotional they can experience mental illnesses such as depression and suicidal thoughts or they could experience physical ... Get more on HelpWriting.net ...
  • 28. People Work Together in Business in the Social Chain Network The social chain network where people work together to achieve certain goal is business. It can be also defined as the exchange of money or any wealth through buying and selling of goods or exchanging of any services."A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers."(Sullivan and Sheffrin 2003, p.9). The mission statement can be defined as the general guideline for the behavior of the organization and also the basis plan for the survival of the organization in a market. The mission mainly focuses for the business purpose. "A mission statement aims to provide employees and stakeholders with clarity about the overriding purpose of the organization. A mission statement should make the clear in long term purpose". (Johnson, et al.2011 p.120) Every business companies have its own mission statement. It plays an important role in the business organization to run their business in this competitive environment. Some mission statement is getting higher success in the market where some cannot. In an organization, it is important that the leader or manager needs to be clear about the mission statement of the organization where they can lead their employees in the correct path to make the friendly environment, motivation of the employees in the organization which helps to get success in the future The activities in the business are mostly affected by the mission statement. The company needs to think ... Get more on HelpWriting.net ...
  • 29. A Paper Work of Customer Relationship Management of Tesco,... ABSTRACT This study explored the customer relationship management of Tesco. Tesco is the leading retailer in UK. It manages over a thousand supermarkets, hypermarkets, and convenience stores in the United Kingdom, Ireland, Central Europe and Asia. The study analyzed the customer relationship management, changes in consumer behavior, business environment, and PESTEL, which is very important in strategic and competitive study of an organization, especially in the retail and service industry. Since the retail industry undergoes very diverse change almost everyday, it is just right that Tesco's strategy on change examined. In analyzing how Tesco is competitive, the study also utilized the SWOT analysis and Porter's five forces for the ... Show more content on Helpwriting.net ... Moreover, customer retention and customer loyalty are major benefits of CRM systems to the organization as it is working to retain existing customers by managing relationships with them will generally increase revenues and reduce costs. Positive outcomes can include a larger share of a customer's businesses as a result of activities such as cross–selling and up selling. When CRM works, it helps to solve this problem by meshing everyone together and focusing the entire organization on the customer. CRM requires commitment and understanding throughout the company not just in marketing as it adds to a sense of expectation and loyalty being instilled within the consumer and the development of a relationship between company and customer that competitors find hard to break. Furthermore, the club card and customer retention can be linked through the use of the internet, as internet is now the most popular means of reaching and interacting with customers having such rewards of increased customer retention, growth and profitability with the most proficient at managing their relationships with their most valuable customers with the potential to tighten connections with better service, remember customer histories and requirements to deliver personalized solutions, and improve the synchronization of dispersed points of customer contact. CONSUMER BEHAVIOUR The study ... Get more on HelpWriting.net ...
  • 30. The Pyramid Of Success And How It Fits The Business... Even John Wooden definition of success is refreshing and unique: Wooden states that success is a peace of mind which is a direct result of self– satisfaction knowing you made the effort to become the best of which you are capable. This paper will seek to describe Wooden's Pyramid of Success and how it fits the business environment at my work place. Also, this paper will identify similarities and differences within the Pyramid of Success by comparing it to leadership styles of the X Theory and the Y Theory. Throughout the Pyramid of SuccessJohn Wooden identifies different rationales for each aspect, we will provide our understanding of all his aspects. Lastly, we will attempt to create a new pyramid of success and develop a step by step ... Show more content on Helpwriting.net ... We gather feedback from all because everyone's opinion matter. We constantly ask for input from all on recruiting decisions, meeting materials and any communications dealing with CLPHA members. Value and Loyalty fall under the same umbrella here at CLPHA. Wooden states, be loyal to yourself and those dependent upon you. If you value something you become worth of it and you're loyal to it. It starts with you, knowing your own self–worth. Your value, reflects the value of the company you represent this is all demonstrated through you to your co–workers, your company and your members based on your commitment, respect and loyalty. Lastly success, Wooden states that success is a peace of mind which is a direct result of self– satisfaction in knowing you did you best, to become the best that you are capable of being. Here at CLPHA we strive for success. This is demonstrated in our company goals, mission statement, business culture strategic planning and daily structure. At the end of the day success comes from the top and trickles downward, so when everything is in place success is not hard to find. We are here to be successful in what we do for ourselves, members and the company. My Leadership Style Having discussed how Wooden's Pyramid of Success fits CLPHA's business structure we would like to focus more on my leadership style emphasizing on similarities and differences to the Pyramid of Success. The Y Theory best describes my management style. My physical and ... Get more on HelpWriting.net ...
  • 31. Macroeconomics Unit 4 Individual Project Macroeconomics Unit 4 Individual Project Abstract The following paper is a depiction of the current economic concern of the real gross domestic product of the Federal Republic of Brazil. Included as well are data sets which display the statistics and recorded data of the real gross domestic products for the years 2000 through 2010. These data sets provide an analysis for the afore mentioned time frame in order to accurately determine trends over a set period of ten years. Moreover, the data and statistical evidence represented will provide additional support for individual assertions based upon the trends in relation to Brazil's real gross domestic product. The GDP within this nation directly affects the country's economy as ... Show more content on Helpwriting.net ... Although the trough beginning at the end of 2008 through 2009 proved to be a financial crisis; the nation's economy's solid performance during this time lead to a strong and early recovery, which contributed to the peak of the 2010 economic growth rate of 7.5% in real gross domestic product (U.S. Dept. of State, 2011). (The World Bank Group, 2012). As demonstrated above, Brazil has created a trend in rising GDP since 2003 by steadily improving their macroeconomic stability (Central Intelligence Agency, 2012). Analysis of the rises or decreases in real GDP are the most accurate method to determine the state of a nation's economy. The rises in Brazil's real GDP demonstrate that this country currently has a healthy, thriving economy. In addition, an accurate analysis of the nation's current, past, and projected GDP provides policy makers with a basis for determining economic and fiscal policies. Currently, Brazil's President Dilma Rousseff has indicated her intention of continuing the former economic policies, including sound fiscal management due to the economic growth during the former President Lula's administration (U.S. Dept. of State, 2011). As an example of Brazil's thriving real GDP; according to The World Bank, the nominal GDP (represented in U.S. dollars) for the year 2010 was $2,087,889,553,822 (The World Bank Group, 2012). As an economic principle, "both real and nominal GDP increase during an ... Get more on HelpWriting.net ...
  • 32. Bavarian Motor Works: Business Analysis and Recommendations Introduction Bavarian Motor Works (BMW) is a Germany–based automobile, motorcycle as well as engine manufacturing company which was incorporated in 1917 (Franzen,2007).The company is headquarters in Germany at Munich, Bavaria. BMW also manufactures the Minimarque and is Rolls–Royce Motor Car's parent company. The company is noted by Markets and Research (2009) to be the world's largest premium car maker. The year 2006 saw the company confirm its position as the global leader in premium car manufacturing in the automobile sector with record sales as well as profits that were in excess of 4 billion (BMW Group,2007). Since its humble inception, the company's brand name has stood for one thing in the mind of the consumer: sheer driving pleasure. This is because for several drivers, owning a BMW is like owning a brand which can be equated to efficiency, quality as well as engineering expertise (Trout,2005).BMW therefore has maintained its position as the be the world's leading premium car manufacturer in terms of volume and sales (BMW Group,2011).BMW's three automobile brands namely BMW, Rolls–Royce and MINI are noted by the group to have set new individual records. A total of 113,000 clients are noted to have purchased a Husqvarna or BMW motorcycle. BMW Group (2011) also noted that their Financial Services subsidiary also contributed to their success in global sales. Analysis of the company's strategic capabilities A review of BMW reveals that it has several strategic ... Get more on HelpWriting.net ...
  • 33. Analysis Of Javaid, A Business Analyst Who Works For A... Umair Javaid, a business analyst who works for a pharmaceutical company called Quintiles, wakes up at eight AM every weekday, where he starts his daily set of job duties given by his manager. Umair begins his morning opening his computer and reads the assignments he has been assigned to while eating breakfast. Fortunately, Umair only goes to the office occasionally and works from home as only a wifi signal and a decent computer is needed to finish the tasks. For eight and a half hours, Umair is stuck glued to the computer screen with only a one hour break. Umair seems to love his job as it has a rewarding pay and is flexible for his schedule as he can run errands while on the job or complete household chores. Umair sits in his house office ... Show more content on Helpwriting.net ... Studies show digital screens harmfully affecting our eyes over a long period of time (Keim). In the course of human 's life now, the majority of the world experiences digital screens which slowly hinders our vision. Digital light leads to several other problems besides vision such as different types of cancer, depression, and typically majority of americans experience an abnormal sleep cycle (Keim). Majority of americans experience at least one of these health problems through their lives as ninety five percent of the American population gazes at a screen during the night ( Keim). Towards our future, humans excessively depend on technology even more. Generations to come will depend on technology as it advances. By the age of five, 10 percent of children possess a phone given to them by guardians (Zollinger). Technology seems to control the younger generations more and children are slowly decreasing the amount of physical activities they participate in. Twenty nine percent of teenagers take part in physical activities outside for at least one hour (Zollinger). The internet appears to take most attention from children, which is a problem parents did not face while growing up as the adults participated in outdoor activities at a young age so preventing the overuse of a smartphone or the computer throughout the young generation 's life certainly seems unknown, ... Get more on HelpWriting.net ...
  • 34. Business Work OCR Cambridge TECHNICAL (Certificate/Diploma) in IT Unit 23 – Database Design P7: Explain how you have met the end user requirements Task 7 (P7.1) – Explain how you have met the end user requirements. Explain how the functionality and operations work. With Microsoft Access I have created a database. The Database has been made to help staff and Equest systems to carry out then business sales operations effectively and efficiently. The Database which I have created is a computer based Database; it is produced for EQuest System. In this Database you can discover that I have made it easy so it user friendly. Firstly I have created tables; the first table which I have created is a customer table. In this table there is information ... Show more content on Helpwriting.net ... The logo in each of the different forms should be in the top right hand side and the font size should be the same (size 11)| All of the customer's with their data shows and can then be edited| There was no need to take any action as the report works| Reports| Labels CustomerTBL| This report needs to match the address labels from my customer table. In a report view. | The outcome of the test was that some address labels did not match| I fixed the errors which were shown on the outcome of the test.| Navigation| Testing the Next form buttons | The buttons that allows the user to go to the next record | All of the buttons within this database which allows the user to go to the next record works as it is designed to do| No action is needed from the outcome of this test. The buttons responded correctly.| Switchboard| I am testing if the button which closes the application Microsoft Access | The option on the main menu part of the switchboard Exit Access| It closed the whole application| No Actioned need for this test. | | I am testing the "Close Equest Database" button| I am expecting the Button to close the Database| The outcome was when I pressed this button it closed the whole MS Access Application| I need to make a Macro that will Exit Access on command. and delete the original macro which is already on the button I do this by modifying in the ... Get more on HelpWriting.net ...
  • 35. M1- Asses the Implications of Health and Safety and... M1– Asses the implications of health and safety and security legislation and regulations for a business role in a work place. This covers different roles with Super Group, I will be looking at the health, safety and security legislation and regulation have different implications. Ever since health and safety has been introduced into the work place they have to have set up and complete risk assessments due to the management of Health and Safety at Work Regulations 1999 legislation, for example if an employee at Super Group was set up a risk assessment and the first implication is to make sure they include all possible hazards and risks. The next implication of the risk assessment they have to make sure they involve is every employee that ... Show more content on Helpwriting.net ... This legislation applies to any landlord, manager (who ever is in charge) or the self employed, this act is simply in place to make sure the basic welfare of any employee and these are broken into two separate category's facilities and the working environment. I will now be looking at The Electricity at Work Regulations 1989 legislation helps protect employees against electrical injuries that occur in the work place, each year in the UK there an estimated number of 1000 injuries at work all from electrical shocks or burns. They have to make sure all their equipment and supplies are safe by regular tests that show they are safe. At super Group the use of electrical equipment is daily they have many large machines and now in each department they use at least four laptops and other electrical equipment. There are three points every business has to make sure they follow: * Make sure their electrical equipment is constructed in a way that prevents danger, and making sure all the equipment is tested properly. * Maintain their electrical systems correctly to prevent ... Get more on HelpWriting.net ...
  • 36. The Role Of Internal Audit Departments On The Business... T auditors frequently find themselves educating the business community on how their work adds value to an organization. Internal audit departments commonly have an IT audit component which is deployed with a clear perspective on its role in an organization. However, in our experience as IT auditors, the wider business community needs to understand the IT audit function in order to realize the maximum benefit. In this context, we are publishing this brief overview of the specific benefits and added value provided by an IT audit. To be specific, IT audits may cover a wide range of IT processing and communication infrastructure such as client–server systems and networks, operating systems, security systems, software applications, web services, databases, telecom infrastructure, change management procedures and disaster recovery planning. The sequence of a standard audit starts with identifying risks, then assessing the design of controls and finally testing the effectiveness of the controls. Skillful auditors can add value in each phase of the audit. Companies generally maintain an IT audit function to provide assurance on technology controls and to ensure regulatory compliance with federal or industry specific requirements. As investments in technology grow, ITauditing can provide assurance that risks are controlled and that huge losses are not likely. An organization may also determine that a high risk of outage, security threat or vulnerability exists. There may also be ... Get more on HelpWriting.net ...
  • 37. UNIT 203 Work in a Business Environment K UNIT 203 Work in a Business Environment Knowledge & Understanding 1.1 Describe what is meant by diversity and why it should be valued. Diversity means different individuals valuing each other regardless of intellect, age, disability race or religion. Diversity should be respected and valued because everyone is different and can offer an alternative perspective. Everyone should be treated equally because everyone has something to offer and everyone has a strong factor/skill that they can contribute to the company. They enrich a society because they allow people to experience different thinking processes, to see that there is more than one way of approaching issues or living one 's life. Diversity brings other points of view... Show more content on Helpwriting.net ... Confidentiality and information security are the key aspects for an organisation. So an organisation must make sure that it preserves these along with integrity. Any information even if it is a little one, if lost can lead to the non–existence of the organisation. The requirements for security and confidentiality are: All information has to be original and true, and should be free from any errors. An organisation has to be ready at all times to give access to the systems that store, process and deliver information to the right people at the right time. All companies have and should have their own policies and procedures regarding security and confidentiality. All employees must abide by these policies and procedures. The Data Protection Act, Human Rights Act and Consumer Rights Acts cover these areas. 2.3 Describe the legal requirements for security and confidentiality, as required The legal requirement in relation to security and confidentiality are described by in the Data Protection Act 1998 and says that anyone who records information about individuals is classed as a data processor under the Act and is required by law to process the data fairly and lawfully. The Act prevents the unauthorised use of data and so protects the privacy of individuals. The Act also says never to disclose information that my organisation holds about individuals. The Act also allows individuals the right to know what information ... Get more on HelpWriting.net ...
  • 38. work in a business environment Work in a business environment 1.1) Explain the purpose of supporting other people at work The purpose of supporting other people at work is so that you are able to get tasks completed quicker and you help each other succeed and learn new things this then helps to build better work relationships and it creates unity amongst the team. 1.2) Explain the purpose of helping other people to work effectively and efficiently a) for individuals b) for organisations Helping other people to work improves productivity, creates good employment relations and improves morale. It increases productivity, helps solve problems quickly so that deadline are met and creates a better working environment. Working with other people helps us to Communicate... Show more content on Helpwriting.net ... Also the information systems where the data or information is stored have to be protected from unauthorised access, use or disclosure. Also one needs to be careful not to disrupt the system, modify or destruct data or information as they are highly sensitive and cause disastrous effects for the organisation and the individual related to it. These type of data are confidential and used my governments, hospitals, military and other highly sensitive secure organisations. Information security is a business requirement and also a legal requirement. Confidentiality in workplace Confidentiality is a very important aspect for a lot of varied reasons. All the data relative to recruitment, compensation and management of employees is highly sensitive. So if these reach the hands of wrong people, it can be misused to commit fraud and other violations. Confidentiality maintenance also relates to professionalism of the organisation. So employees must make sure they maintain a professional attitude and not to share/disclose any sensitive information without authorisation from organisation. 2.2) ... Get more on HelpWriting.net ...
  • 39. Coca Cola's Current Business Practices And Then Works With... With this supplier development, Coca–cola ensures that their supplier will be able to bring them what they need and that their suppliers can offer competitive market pricing. Coca–Cola does a full analysis of the company 's current business practices and then works with them to develop an Individual Development Plan (IDP). The IDP outlines objectives, action items, timelines and milestones to ensure the supplier is on track. It also educates their supplier where they need to be heading for their own growth and ensures their continued partnership with Coca–Cola. Looking at Appendix A and B you can see that Coca–Cola's suppliers and supply chain reaches towards all areas of the product and continues past the purchase of the product by the customer, because Coca–Cola is such a large brand and working on environmental areas of the company are part their supply development plan they need to create continual growth with a full circle approach. Recycle, reprocess, recover, and reuse are integral parts of the IDP when created between Coca–Cola and their individual suppliers. With this strategy partners with Coca–Cola not only have competitive pricing within the marketplace, but become global front runners in environmental standards, increasing their value and potential market capitalization. Finally Arcelormittal of South Africa is working to help vendors define themselves as well as working to promote business with majority black ownership, which is an ever growing progression for ... Get more on HelpWriting.net ...
  • 40. Business / Conservation Objectives : Implementation Of... Business/Conservation Objectives: Objective 1 – WB Partnership: Support development of the TNC–World Bank Partnership, and manage the partnership project and processes with the four working groups Objective 2 – USAID: Support implementation of USAID Engagement Strategy and Work Plan Objective 3 – Procurement Screening: Establish, and implement a screening procedure to track and distribute procurement notices from multilateral and bilateral donor agencies Objective 4 – Knowledge Management: Develop and help maintain proposals and project portfolio of the World Bank, USAID, and GEF, and Increase content of GEF and IFC on Connect. Objective 5 – Strategic Planning: Support preparation of IIA annual strategies and IGR five–year strategy Objective 6 – Communications: Support TNC staff on international institutions engagement and other internal and external communications 1.World Bank Partnership: With Jill, achieved the following tasks: o Participated in multiple in–person and virtual meetings with World Bank staff and TNC technical team members on the partnership work plans. o Convened project management meeting every two weeks to check–in on progress and address challenges efficiently and effectively using the Highly Effective Teams method. o Developed work plans and concept notes with four TNC technical teams and their WB counterparts o Supported planning and hosting of 4 knowledge sharing events; advocated for the partnership in the WBG Spring Meetings and other ... Get more on HelpWriting.net ...
  • 41. Implementing Work-Life Programs in Business Strategy: An... Abstract The current business environment is a challenging one, where the economic downturn has caused many businesses to reduce operational activities and number of employees. However, one of the causes of the challenges on the market today is high employee turnover, generated, quite often, by incentive packages that do not target the real needs of the employees. One such need that many of the companies have started to recognize is the capacity to balance work and personal life without having to give up on either, with the employees being permitted a more flexible approach to their work obligations. This paper, summing most of the research available on this subject, proposes that if the individual is given the appropriate framework in which this can be done, it is likely his or her productivity will increase, along with the level of employee retention, decreasing, thus, the overall costs for the company. With this in mind, the paper will look at some of the existing research, draw conclusions on the pros and cons of implementing work–life programs in the business strategy and embrace the idea that overall pro elements are consistently more important for the company's activity to support the implementation of work–life programs in an organization's business strategy. Introduction In a continuously developing and challenging business environment, the need to identify, recruit and retain the best professionals sometimes makes the difference between a successful company ... Get more on HelpWriting.net ...
  • 42. How Data Warehouse Is It Improves The Productivity By... Data warehouse is aggregation of subject–oriented, integrated databases, which is designed to confirm DSS support. Now days these repository has become a focal point for DSS in organisation. These data repository used for online analytical Processing (OLAP), data mining and support queries. Decisions which are pending from a long time get resolved by analysing data warehouses. Another benefit of data warehouse is it improves the productivity by redesigning business process and work. It is challenging and technical undertaking because data comes from different sources and systems. There are some other organisational issues like sponsorship maintenance, scope avoidance and political issues. Because of these reasons data warehouse project get... Show more content on Helpwriting.net ... Try to make it better, integrated, more accurate and can be accessed from a source of one single point. Behind the data warehouse development there is an application which is work as driver to build it. Achievement of company goals: A business is considered to be successful if the system of that business supports the needs of business compare to one that does not support it properly. So to make a business successful there is a need of alignment of company goals with warehouse, maintaining of this alignment is an ongoing process. It is very usual that goals for warehouse become more strategic as time passes, because management understood the importance of warehouse for supporting business goals. Deciding Information requirement: What information should be stored to which granularity, how old historic data will be kept in it? All these things get decided by user's information requirement. Big challenge comes in a picture when warehouse has to support a cross domain and cross organisation information. To store cross domain and cross organisation details there is need to be identified and agreed on it. We have to select the best source system that will full fill these needs. Setting Priorities: Development of data warehouse should be an evolution. First version of data warehouse should contain the data for few of the areas, and it should support the application and all the users those who are accessing ... Get more on HelpWriting.net ...
  • 43. Business Strategy And Why It Works JustFab or Fabulous! A girl with seventy pairs of shoes can be safely called a shopaholic! I like to call myself a 'shoeaholic' rather than a shopaholic. In other words, it can be considered an expensive hobby because I enjoy learning about the newest shoe trends, their designers, the channels through which they are being offered and purchasing them. I am very passionate about shoes and believe in owning 'what's in?' However, I am not someone who will splurge a significant amount of money on a single pair. I often find myself searching for the best promotions, discounts and affordable shoes for every new incoming season. During one of my long online browsing sessions, I stumbled upon an online shoe store called 'JustFab' or in my words... Show more content on Helpwriting.net ... Their product moto quotes "From design concept to finished product, we tailor the hottest of–the–moment looks to every style personality, giving our customers immediate access to the trends they love". Their marketing strategy is to offer customized products by engaging consumer preferences and fast delivery of merchandise with the highest customer service. Sixty days warranty and returns free of shipping costs are also added benefits that come with the products! As mentioned earlier, they believe in offering affordable prices to their members and have successfully saved dollars for their members thought their pricing methods. JustFab follows a discount pricing strategy for their VIP members ($39.99) in contrast to the market price ($49.99) charged to guests and regular members. They are able to offer discount prices to VIP members because they follow a direct selling channel from the designer (manufacturer) to the consumer which eliminates any distribution costs. On the contrary, retail stores charge $80–$100 per shoe because of their middlemen and department store costs. The retailing format of online retailing also works to JustFab's benefit because this provides them with broader and deeper assortments, more timely information for evaluating merchandise and finally personalization! An online channel allows JustFab to provide a vast number of SKUs to their customers which prevents them from merchandise unavailability. Generally, in a store the ... Get more on HelpWriting.net ...
  • 44. The Collaborative Work That Has Been Done For Complete The... In this report I will be explaining about the collaborative work that has been done to complete the business scenario and presentation. We have been given a group task to create a scenario of an organization from given sectors. After the group discussion we have decided to choose transportation sector. We have created a business and a presentation showing how this business will work. Our group has given the name of "TCE" to this organization which is also known as the courier express, this is a medium size scale delivery service that will be provided only around the M25 with a radius of 2 mile on both sides. The TCE will have 40 vans, 2 depots, 2 offices and 40 experienced drivers. The two depots will be located on north/south of the M25 so both of them will cover half motorway on their sides. The two offices will be also located on north/south side near by the depots as they will only provide the north leads to north depot and south leads to south depot, the reason of having two offices is to decrease the confusion between two depots that could occur if the leads are not organised separately. The best way to fulfil the purpose of this organization is to meet the aims and objectives of the organization that is to increase the profit and expand in the future. With more profit future expansion will be expected. Moreover the main purpose of TCE is delivery service. Collaborative work in drivers can bring success in this business. If drivers provide good service with team work ... Get more on HelpWriting.net ...
  • 45. What Strategies Can Work For A Business Culture Where... What Strategies Can Organizations Use to Address Gender Inequality in the Workplace?Managers should be mindful of assuming that women have greater family–work inconsistencies than men, and that this can impact their views of women's suitability for promotions. Companies should make an effort to create a business culture where family diversity is respected and valued. Companies that permit the family–work conflict bias to exist stand the chance of being looked upon by outsiders as discriminatory (Hoobler, 2011). Organizations must be trained to identify and value gender variations. Performance evaluations and promotion choices should be based on a person's performance at work and not linked to possible family–work issues. Organizations including recruiters and management can implement the following techniques to promote gender equality in the workplace: 1.Increase people's awareness of the psychological drivers of prejudice toward female leaders, and work to dispel those perceptions. 2.Change the long–hours norm. 3.Reduce the subjectivity of performance evaluation 4.Use–open–recruitment tools, such as advertising and employment agencies, rather than relying on informal social networks and referrals to fill positions. 5.Ensure a critical mass of women in executive positions–not just one or two women–to head off the problems that come with tokenism. 6.Prepare women for line management with appropriately demanding assignments. 7.Establish family–friendly human resources ... Get more on HelpWriting.net ...