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Purpose of Accounting
TASK 1 Purpose of Accounting In the modern day it is important for any business to have a good knowledge of different accounting process and help
to understand how the business operates. Anyone from potential investors to stakeholders could look to see how well the business is going. We all
know that any kind of idea could fail if their owners doesn't very carefully manage the business accounts. Purpose of accounting include recording
different financial transaction ,planned or actual and with this figure producing final information.There are a plenty of different reason why accounting
is so important to the progres of the business Record transaction–It is very important for any business,all the money coming in or out of... Show more
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TASK 2 Capital income: This is a money which has been invested by owner or investor,and they are used used for setting up a new business or buying
any kind of mid–long term equipment.Primary buying of stock can be made using capital income ,but for future any stock could be buying using the
sale income.There are so many different sources of capital income and there are all available to a different type of business Sources of capital income:
>Sole trader–income from his own capital or any kind of personal bank loan. >Partnership– All partners are liable for increasing capital income,if they
have any loans they will be individually secure. >Shares–Normally they are registered with companies house and shares are published. >Loans–lent to
the owners or business. >Mortgage– large amount of money for a long period of time(repayment),and its insure with the premises. Revenue income:
This is the money generated from the daily operation (sales of service and and good) and depends on the different type of business.We have three
general type of sources. >Sales–cash or credit. >Commission– from selling products or service as an agent. Capital Expenditure: This is a money used
to buying capital items,they are asset and belonging to the owners or the business.The
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Security Monitoring
Security Monitoring
Mobin Bahrami
University of Phoenix
Information Systems Risk Management
CMGT/442
June 22, 2012
Brian Hoff
Intro Security monitoring is an important factor in keeping any organization network safe as various attacks are on a rise. A company constantly must
practice monitory techniques to keep their data safe. " The first step is to scan the internal and external environment and identify information
technology risks before they become a problem. The key is to be proactive rather than reactive" (Marilyn Greenstein). Different organization consist of
many applications that require a certain level of security measures and risk assessment. To determine the associated risks within an organization each
application ... Show more content on Helpwriting.net ...
E–commerce applications require critical networks to accommodate video, voice, and data traffic as the numbers of users increase the need for greater
performance and support is necessary. As a network in a company enables more applications and are available to more users, the applications become
more vulnerable to security threats. To ensure e–commerce transactions are not compromised security technology play a major role, and there are four
categories that must be addressed: * Authentication ensures the safety of the systems and data by blocking access to unauthorized users while allowing
users access. * Authorization allows only the user to change or modify within an account. * Encryption prevents third parties from recovering the
original information, which cannot be recovered without access to the key. * Auditing keeps a record of operations such as, purchasing a merchandise.
Human Resources Human resources are vital resources in any company to succeed business needs and support the employees to meet their objectives.
Employees should be trained and motivated by the management team to achieve their potential. The data accessed by HR and management team will
have the identity protection such as, username and password to gain access to company system. The level of access by employees will be limited
compare to HR and management, which allow associates information to remain
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Essay about Fbi Case Study
FBI Case Study Assignment #1
Table of Contents Executive Summary3 Project Overview3 The key issues related to the failure of the project:4 Resolution4 Relevance to IT Project
Management:5 Key Takeaways:7 Research Approach7 References8
Executive Summary:
The "Who Killed the Virtual Case File?" case study is a clear example of project failure which resulted on not only balloon the cost of the project, but
also loss that could be counted on millions of dollars. Because of the size of the project and the failure of the project, it is broadly used to prevent
future IT Project Management disasters.
Project Overview:
When special agent Larry Depew collected evidence of illegal activity of the Russian and ... Show more content on Helpwriting.net ...
Scope Management includes following steps: clearly defining and documenting project business requirements by the company shareholders (collect
requirements), develop a detailed description of the project (define scope), subdivide project deliverables and project work into smaller, manageable
components (create WBS), formalize acceptance of the completed project deliverables, and monitoring the status and scope (verify scope), and
managing changes to the scope baseline (control scope).
FBI's VSF project failed to define detailed project requirements, formalize acceptance of completed project deliverables by SAIC and monitoring and
managing the scope by project manager. * Violation of the Project Cost Management
Project Cost Management includes the processes involved in estimating, budgeting, and controlling costs so that the project can be completed within
the approved budget. The cost management process includes: developing an approximation of the monetary resources (estimate costs), estimating costs
of the individual activities (determine budget) and monitoring the status of the project budget and managing changes to the cost baseline (control costs).
VSF project failed to address cost control in project cost management, because it had possibility to receive funding from the government. * Violation of
the Project Time Management
Project Time Management includes the processes required to manage timely
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The Ethical Dilemmas That Arises From The Employer
Moral Rights in the Work Place Abstract Many questions on privacy and electronic monitoring of employees make complex answer. This paper will
explain the ethical dilemmas that arises from the employer. Research Question: Privacy and Electronic Monitoring in the Work Place? Introduction:
Work is one of the most important and highly valued human activities in large part because it is necessary for so many other central human goods.
Moral Rights and Work are connected because by the actions of others opportunities to work can be jeopardized. The expansion and proliferation of
technology has dawned a new era. Employers can easily monitor various side of their employee's jobs with the help of technology especially on
computers... Show more content on Helpwriting.net ...
Around two–thirds of employers monitor their employees' web site visits in order to prevent inappropriate surfing according to American
Management Association (AMA). And 65% use software to block connections to web sites deemed off limits for employees. This is a 27% increase
since 2001 when the survey was first conducted. Employers are motivated by concern over litigation and the increasing role that electronic evidence
plays in lawsuits and government agency investigations. One hand it is necessary to monitor the employees' because to protect the business from
legal liabilities and produce more efficient employees and sometimes to stop the misuse of electronic resources. According to (Bezek, Britton, 2001)
Workplace monitoring can be beneficial for an organization to obtain productivity and efficiency from its employees. Big fortune companies like
Microsoft and Apple monitor each and every single call in their call centers so they can get to know about the quality of call and interaction of their
employees with the customers but employees already knows that their call is being monitored by their supervisor. That shows transparency in the
policy. According to California state law on California Public Utilities Commission, organizations monitoring phone calls are required to inform
participants of the recording or monitoring of the conversation by either putting a beep tone on the line or playing a recorded
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Research Report On Farm Monitoring Essay
Farm Monitoring 24/7 Ltd
Business Plan
August 2014
Contents
1.0Concept2
2.0Keys to Success2
3.0Product2
4.0Market analysis3
5.0Competition5
6.0Company overview including business model6
6.1Competitive edge6
6.2Sales strategy6
6.3Marketing Strategy7
6.4Management strategy7
6.5Sales forecast7
6.6Estimated Costs7
6.7Financial plan8
7.0Risk Analysis11
8.0Milestone and Timeline12
9.0Long term plan13
10.0Investment opportunity13
1.0Concept
There are a few key aspects of dairy farming that need to be monitored carefully or result in unwanted outcomes. This includes the voltage on the
fences around the farm, the temperature of the milk that is in the vat and the activity of the water pump. A constant monitoring system of these three
important farming aspects could improve farm profitability. A mobile phone application will be designed to incorporate monitoring of these three
activities. If the fences do not have the required voltage on them this can result in animals escaping and injuring themselves. This can be difficult to
monitor as currently to do this you are required to be on the farm using a fence tester. The milk temperature is required to be below 7 degrees Celsius
within 3 hours by the milk company to ensure it is safe for human consumption. This is done through using chiller machines as if the milk does not
reach this temperature in time the entire vat full of milk must be disposed of which causes a loss of income for the
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Diversification And Diversification Into The New Markets...
Diversification is entering the new markets with new products and different from those in which the firm is currently engaged in. It is helpful to divide
diversification into 'related' diversification and 'unrelated' diversification. Related diversification is when a business adds or expands its existing
product markets. The company starts manufacturing a new product or through new market related to its business activity. For example, a phone
company that adds or expands its wireless products or services by purchasing another wireless company is engaging in related diversification. Under
related diversification, companies want to make easier the consumption of its products by producing complementing goods or offering complementing
services. In a related diversification the resulting combined business should able to improve return on investment (ROI) because of increased revenues,
decrease costs and reduced investment.
1.2 Examples
a)Brand name
One commonly found resource that is exportable is a strong established brand name like Coca–Cola, Microsoft, Pepsi, BMW and others. For example,
Coca–Cola spent $4.1 billion to acquire Glaceau, includes its health drink brand Vitaminwater in 2007.
b)Marketing skills
Usually a firm will lack a strong skill in marketing for a particular market. The frequent motive to diversify is to export or import a marketing talent.
For these cases, Coca–Cola's marketing skills are used to be to bring the plight of polar bears closer to
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How the Growth of Electronic Monitoring Has Changed...
The use of the internet for personal pursuits in the workplace has seen phenomenal growth over the last quarter century. Along with this growth,
employers and employees alike have used the internet as a tool to increase profit, manage time and facilitate communications. However, such
technological advancement has its issues. The problem investigated is how the growth of electronic monitoring has changed employee expectations of
privacy in the workplace.
Should employees be able to use the internet for personal items while working?
Does the employee's ability to do so ultimately save the employer time and money?
The answer to whether employees should use the internet for personal pursuits while working is both a yes and a no. The ... Show more content on
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An employee observed on the sly potentially diminishes his perspective of his value and role to the company. In contrast, a manager making rounds
unannounced to observe employee behavior has an opportunity to exchange meaningful feedback in real–time. He can utilize management techniques
designed to limit attrition attributed to ignorance, lacking job training or simply the magic of human interaction. (Phillips, 2008)
Does privacy apply to Law Enforcement? What about warrants for emails? Law enforcement of internet usage ensures everyone plays according to
the rules in the corporate sandbox. Therefore, privacy rights may not be applicable. Some of these rules, if violated, may cause great harm to a
corporation, such as copyright infringement on intellectual property, and/or the viewing of unacceptable images leading to sexual harassment suits.
Internally at a corporation, it can mandate oversight of usage to protect itself from such misuse and can state the practice thereof. For criminal
prosecution however, the burden of enforcement requires certain infringements of privacy rights but not outside of the rule of law. The Electronics
Communications Act of 1986 (ECPA) was the first swing at limiting violations of privacy in internet usage. It prevented eavesdropping on digital files
as they moved through the internet chain. Warrants are
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The Impact Of Technology On The Business World
In today's day and age, employees are constantly surrounded by technology and digital media. The idea of technology in the business world is not
new. However, it is becoming an increasingly essential tool for businesses and the decision they make. Technology can be both a tool and a
distraction for employees. It is becoming increasingly easy to get off task during work because of the distractions of computers and the internet. In
fact, one in three employees waste over two hours online per week. The misuse of technology during work hours is a waste of time for the employee
and a risk for the company. The threat of external issues can be prevented through internal monitoring. Therefore, software such as Spector360 is highly
recommended for companies to use.
Spector360 is an innovative and comprehensive employee monitoring software that is used to "deter, detect, and detail harmful employee activity
across Windows and Mac devices."
The use of an employee monitoring software can increase productivity throughout the business and can save thousands of dollars for the company.
According to Spector Soft, "50% of breaches are a result of employee behavior." The product is developed and licensed by SpectorSoft, a software
manufacturer that develops and sells computer and cell phone monitoring tools. The
Spector Pro and Spector Pro for Mac were the first monitoring software from SpectorSoft. The
Spector CNE Investigator software came later and is identical to Spector Pro. However, the
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Impact Of The Huge Investment On The Economy Of Commerce...
As it was mentioned before, Carr has good points regarding the huge investment on IT in the infrastructure of commerce period. However, he should
realize the importance of this investment in the second stage too. He wrote this article in 2003 and maybe he was not aware enough about what the real
value of IT is. Although there are many successful companies which invested a lot on their IT systems, but he insisted to underestimate the value of
these investments. The huge investments in the IT systems of Amazon and others giant companies is the key for their successful. Without investing in
the IT systems in the commoditization stage (as he referred to it), these companies won't be able to compete in this intense market. I believe that he...
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Now, it is hard for any company to survive in the global market without advance IT systems. I think we do not have a lot of opportunities in this
world. If we have a chance, we have to exploit it right away and do not wait for others to have it. He had a point when he said waiting will save some
money, but this money is considered as an investment and not loss. There are many reasons why these giant companies are successful in theirbusiness.
Investing in new IT systems will
* Reduce costs
Giant companies such as Amazon uses its ITs systems as an effective way to reduce costs. The IT enables Amazon to have a competitive advantage
over other rivals and leave them behind. IT was not only help Amazon to do what it did before, but it was also enable it to expand more in new
directions.
* Create and build barriers to entry
Once a company has an advancement in their IT systems, it will be harder for others companies to compete in the same business. These new rivals
have to invest heavily to reach the same level of the company that invest in its IT systems before them. Also, these rivals will try to copy the successful
company while the successful company works on something more advance.
These two factors are the most important factors that enabled these companies to be dominant in their business.
Essay 2 Monitoring Employees on Networks: Unethical or Good Business? (pp 266– 267)
1. What specific management, organization,
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Security And Security In Security
Technology has facilitated the use of transiting data. With that in mind, sensitive information must be kept within close safe guards. Failure to protect
vital information may facilitate its retrieval by criminals or those with malicious intents to use that data unethically. Individuals with access to material
non–public information may sell that information to an outside party for profit. Likewise, these individuals may harvest this data within their
perimeters to use as ammunition to defraud or blackmail an organization. Employers need to be wary of the threat of insiders exposing sensitive
information to outside parties. "An insider is anyone who has intimate knowledge of internal operations and processes, or trusted access to... Show more
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"Fraud is less likely to occur when employees believe that security is everyone's business, when they see themselves as protecting the company assets,
and when they believe it is their responsibility to watch for and report evidence of computer fraud" (Haugen and Selin 4). When employees resemble
sound morals, the probability of employees harboring intentions to steal company secrets decrease. "Behind this growth in monitoring policy is a
business goal aimed at ensuring the continued viability and success of the company, which should be in every employee's long–term best interest"
(Fleming 110). Situations that promote employee fraud in the workplace include poor internal controls, poor personnel policies and practices, and a
lack of integrity principles (Haugen and Selin 2). Management needs to present the image that it is vital to secure the assets of the firm to protect the
longevity of not only your career but also the company's existence in the corporate world. When employees feel like they are valued member of their
company, they are less inclined to act in a manner that would defraud their place of employment for personal gain. Likewise, increasing the perception
of detection inspires employees to refrain from deceptive activities. People generally refrain from unethical behavior when there is a perceived notion
of harsh consequences should they engage in those actions. Unwarranted disclosures of company trade secrets threaten the livelihood as
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Internal Control and Sunshine Center
Task 3: Internal control 1. What do you think is the primary problem at the Sunshine Center? There where no financial reports or summaries of the cash
flows. Probably, Barb wasn't fare about the payments. Because there was no financial report it was not clear where all the money went to. 2. Why is
accountability important to the Sunshine Center Committee? The director? Cli
ents of the Sunshine Center? Church members? It is so important
to the committee so they can check if the cash balance is still okay. The director can check if everybody does his work well and if there are no
financial problems. The clients need to know if Sunshine is fair and the church members are maybe willing to serve the committee if they know... Show
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Effective communication also must occur in a broader sense, flowing down, across and up the organization. All personnel must receive a clear message
from top management that control responsibilities must be taken seriously. They must understand their own role in the internal control system, as well
as how individual activities relate to the work of others. They must have a means of communicating significant information upstream. There also needs
to be effective communication with external parties, such as customers, suppliers, regulators and shareholders. в—Џ Monitoring – Internal control
systems need to be monitored–a process that assesses the quality of the system's performance over time. This is accomplished through ongoing
monitoring activities, separate evaluations or a combination of the two. Ongoing monitoring occurs in the course of operations. It includes regular
management and supervisory activities, and other actions personnel take in performing their duties. The scope and frequency of separate evaluations
will depend primarily on an assessment of risks and the effectiveness of ongoing monitoring procedures. Internal control deficiencies should be reported
upstream, with serious matters reported to top management and the board. Sunshine could use monitoring, information and communication, control
environment, and control activities.
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The Best Way That An Employee Should Be Monitored By Their...
The best way that an employee should be monitored by their employer is to have a software program that oversees the computer use of all of the
employees that is set by a companywide set of standards. These standards should have no access parameters such as sex sites, or unethical locations
such as a web site that promoted Arian Nation or White Supremacy. Additionally, it is realistic to have a company investigate any irregularities that
occur on their own company equipment and network. Furthermore new employees are regularly acquainted with the companies own computer network
policies and rules. To that end, employees are commonly required to sign a training roster that outlines these specific computer regulations and it is
normally placed in their employee file.
There are many types of monitoring devices in the workplace such as cameras, company phones, and radio transistors. Additionally, the increase of cell
phone use in the work place provide a communication tool that can be utilized as computer and every transmission can be scrutinized. In the text, the
author provides additional insight into corporate monitoring and why it is done. Based on the author's explanation "It is now relatively easy for
employers to monitor every keystroke entered by an employee, the contents of an employee's computer screen at any point and time, stored e–mails,
Internet sites visited and the employee whereabouts"(Walsh, 2013, p.598). With monitoring tools that can virtually capture not only
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Evaluation Of Training For Senior Employees And...
L* denotes Likelihood (see clause 7.1(b) under "Likelihood") I# denotes Severity of Impact (see clause 7.1(b) under "Impact" and Annexure D) [For
risks relating to Zagga in general, including some ACL and/or AFSL specific risks] # Risk Areas L* I* Risk Rating Treatment Controls Owner(s) 1
Reliance on Zagga Representatives, human error and poor or underperforming representatives and Zagga Representatives (including reliance on key
people and fraud/misrepresentation by Zagga Credit Representatives and other representatives) Compliance 2 3 5 Reduce в—ЏTraining and Fit and
Proper Person Policy в—ЏReference Checks/Police checks в—ЏRegulators advised of change в—ЏOngoing training – training for senior employees
and responsible managers consists of compliance training, as well as monitoring of training requirements through the training policy
в—ЏDocumentation of business strategy, policies and procedures в—ЏMentoring and supervision в—ЏAssess potential employees for their
suitability based on their education, qualifications and experience в—ЏOnly appoint appropriately qualified personnel HR and Legal and Compliance
2 Conflicts of interest Compliance 3 3 6 Reduce в—ЏConflicts of Interest Policies в—ЏConflicts of interest training – Personnel reminded of need to
declare and manage conflicts. Monitoring of adherence and awareness of Conflicts policy is the responsibility of the Legal and Compliance Legal and
Compliance, team Senior Managers 3 Adverse ruling from external complaint resolution
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The Impact Of Privacy On The Workplace Field Of Human...
Employee privacy issues have surged to the forefront of the business press in recent years, spurred on by changing workplace dynamics and a
litigation–conscious business environment. Observers say that advances in telecommunications–such as e–mail and the Internet–coupled with
heightened concerns about vulnerability to litigation, have exacerbated management concerns about monitoring employee behavior. Indeed, employee
privacy is already fairly restricted in many respects in many of the large corporations. Privacy in the workplace is a controversial issue in the field
of Human Resource management as employers have more technologies available to monitor telephones, computer terminals, and voice mail. This
privacy issue has been fueled by the increased use of a variety of electronic monitoring systems. Electronic monitoring is defined as "the
computerized collection, storage, analysis, and reporting of information about employees ' productive activities" (Office of Technology Assessment,
1987, p. 27). "Currently, as many as 26 million workers in the United States are monitored in their jobs, and this number will increase as computers
are used more and more within companies and as the cost of these monitoring systems goes down" (DeTienne, 1993, p. 33). Of those monitored, 10
million have their work evaluated and pay based on the data collected (DeTienne, 1993). "By the end of the decade, as many as 30 million people may
be constantly monitored in their jobs" (DeTienne, 1993, p.
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Explain The Task 3.3 Decide On The Appropriate Course Of...
Task 3.3 – Decide on the appropriate course of action for responding to risk.
Some risks may be of greater concern than the others. Prioritizing is important to decide the appropriate course of action as the actions will not
mitigate or respond to all the risks. Organizations determine acceptable degrees of residual risk based on organizational risk tolerance and the specific
risk tolerances of decision makers. [1]
Task 3.4 – Decide on the appropriate course of action for responding to risk.
Depending on the complexity of the risk, the implementation may be challenging. Some risk responses are tactical and implemented quickly.
STEP 4: MONITORING RISK
Inputs and Preconditions: Inputs to this step are the implementation strategies and actual
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Having Effective Policies In Place Is Important When Dealing
Having effective policies in place is important when dealing with the management of a business in order to set guidelines for the people involved
in the business, so they how it works and what is expected of them in order for the business to function effectively. If no policies are found within a
business, it will be in trouble when a problem arises and there is not a base or rules to follow. Also, policies help explain what is important for the
business and what it enforces and protects. For that reason, I decided to implement some important policies in Escape Restaurant and Night Club in
order to provide a foundation for the business to be effective, safe, and profitable.
E_POLICIES
Ethical Computer Use
The Ethical Computer Use ... Show more content on Helpwriting.net ...
For example, employees could copy customer's information from their names, phone numbers, and credits card information and sale it to people
interested or use it outside for their personal use and could even lead to identity theft and negatively affect the company's reputation and image if the
customers feel that their personal information is not protected. By having this policy, the guidelines regarding the intended use of customer's
information, employees would be careful not to do other things with the information. They would now that they should protect the information and
anything other than the intended use of the information stated in the policy would get them in trouble and they would face the consequences.
Acceptable use policy
In order for employees to access Escape's email, information systems, and the internet, the will have to agree to follow the acceptable use policy. If
there was no acceptable use policy in place for escape, employees would not have the guidelines for what is acceptable when accessing the business
computer systems and information, as result they can use the business information and computers to unlawful or illegal actions which could negatively
affect the business dramatically. Also, they could steal the information and sale or give it to competitors or they could even get the business to get in
problems. In order to prevent
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Security Monitoring Activities
This paper will describe the security monitoring activities that should be implemented and carried out in an organization on both internal and
e–commerce applications. Managing risk is very crucial and plays an integral part in an organization especially to those that considers data as one of
their asset. In this time and age, good risk management is the basis in achieving good business and attaining the company's goals high ROI (Return On
Investment). Security monitoring is associated and linked to other project management process to make sure that risk are identified, handled and
effective patch up strategy is in place and ready to carry out. (Cooper, et.al, 2005) Generally in technology, security monitoring plays an integral part...
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Data and other pertinent information that a company has needs the utmost type of security monitoring to prevent loss or damage. The internet has been
one of the focal point of sales and marketing for most businesses and that leave no other choice but to be vigilant in protecting its assets. Security
monitoring for network could mean some sort of sensor in and around the network. Firewall, router, and server create continuous flow of audit
messages and this may generate alarm in some way. Although the sensor serves as the shield that alerts the system, this does not imply that it offers
security. Network attacks can be ingenious and attackers can be crafty and this can be detected by having an intelligent alert that well trained
professionals can execute a well planned counteraction against it. Course of action can include;
Sorting real attacks from false alarm
Analyzing the full context of the alarm
Investigate into any type of suspicious activities
Evaluate what the software find uncommon and irregular activities Monitoring should be atop in a network plan because the step of risk assessment
can take time and will not alleviate the vulnerabilities it faces. Implementing and installing security products and software are only useful when and if
they are properly installed and placed in the right area where it can be very useful.
There
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Ethical Controversy: The Invasion Of Privacy
The thing that jumped out the most while reading the article was the invasion of privacy. However, the software installed on the cars to monitor
their activity is similar to the software that is installed on company computers to monitor their activity as well. This is done as a means to safeguard
the assets to ensure they are being used properly for business purposes. This software is used to improve efficiency of the use of the asset, and
protect against risk of the item being used improperly or illegally. The monitoring software acts as an internal control for the equipment use. That
being said, there are some ethical implications that could come into play while this software is being used. If I were an employee of that firm I would
wonder
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Internal Control-Intergrated Framework Paper
To organize reliable financial information is a necessary responsibility of the management of each public organization. The aptitude to successfully
manage the organization's business requires accessibility to appropriate and accurate information. Furthermore, investors must trust company's financial
reports if the company wishes to raise capital in a public security market. The management's ability to produce trustworthy, reliable, and accurate
financial reports depends on the design and success of the processes and safeguards it has put into place over their financial reporting. Although
sensible control systems fail for produce ultimate guarantees to assure that financial reports will be free from errors or misstatements, an effective
internal... Show more content on Helpwriting.net ...
Effectiveness and efficiency of operations focus on the foundational objectives of the business, as well as protection of resources, performance and
profit goals. The reliability of financial reporting pertains to the preparation of trustworthy published financial statements, with interim and condensed
financial statements and financial data selected from such statements (COSO, 2015). Compliance with applicable laws and regulations approaches
compliance of laws and regulations to which the entity is subject. Each category deals with separate necessities and allow precision towards focus to
meet different needs.
The five interrelated elements of internal control draw from the way management operates the organization and integrates it with the management
process. The elements of internal control include the control environment, risk assessment, control activities, information and communication, and
monitoring. Discipline and structure is the foundation of internal control, in combination with integrity, ethical values, management way of thinking,
operational style, and how the organization develops their staff; the control environments offer a firm composition of a control
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Essay Ethics and Diversity Managment Policies
Introduction The purpose of this paper is to analyze best principles for implementing and support ethical behavior in an organization and diversity
management. The researcher will recommend policies for ethics and diversity management. Furthermore, the researcher will identify policies for
monitoring unethical behavior and injustice in an organization. Finally, the researcher will provide the rationale for selected policies.
Ethics Policies According o Golja and Paulisic (2010) ethics is define as a system of moral principles, the rule of conduct recognized in respects to a
particular class of human actions or a particular group, culture and the moral principles of an individual. Camps and Majocchi (2010) defines ethics as
rules ... Show more content on Helpwriting.net ...
Furthermore, leadership must allow employees to take ownership of the policies in order for employees to realize that ethical behavior and business
practices is the responsibility of all employees. For example, the literature examines best practice as to conduct annual ethics training to reinforce
established policies. To include, outlined auditing processes to ensure policies are effective, efficient, and to allow for changes when necessary
(Camps & Majocchi, 2010; Mele, Debeljuh, & Arruda, 2006; Schnebel & Bienert, 2004).
The literature examines the following ethics policies: a) use of company funds and assets, b) handling of confidential information, c) personal financial
interests and outside activities, and d) how to conducting business that is in compliance with organizational, state, local government, and federal laws.
Also, organizations should have ethical policies that address trading stock, conducting business with suppliers and customer, kickbacks and rebates, the
acceptance of gifts, bribery, destruction of company property, and the handling of the organization's recordkeeping and retention of records. To
conclude, organizations need to have policies that address disclosure of information, as well as, appropriate acceptable behavior when dealing with
competitors, suppliers, and other business partners (Camps
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Why Companies Have A Right For Monitor Employees ' Use Of...
Why Companies Have a Right to Monitor Employees' Use of the Internet While on Company Time
Michelle Lee Salgado
Delaware Technical and Community College
Principles of Management
November 25, 2014
The use of Internet and electronic communication has become widespread in the typical American workplace. As technology continues to advance and
grow, the temptations to those who have access will also increase. Information regarding any subject can be retrieved posing a variety of threats that
can potentially harm the business or organization. Adding a form of Internet monitoring not only adds protection for the business but it also adds
protection to the employees as well. Despite the increasing number of companies that have ... Show more content on Helpwriting.net ...
The monitoring of Internet activity along with regular scanning of company computers, including the files and documents it contains, helps protect not
only the computer equipment but any secure information that can potentially be harmed or even extracted by attacks or computer hackers. When users
visit a Web site, they may be asked to provide specific registration information, which can be used to create an individual user profile when combined
with other data collected through tracking technology. Consequently, this information can be used to send unsolicited bulk e–mail,
or spam. Although spam is primarily used for commercial purposes, spam may also promote political, malicious, or illegal schemes (Sipior, 2002). This
can cause innocent actions to quickly turn into very harmful results through the Internet. The American Management Association conducted a survey in
2007 and found that two–thirds of employers monitor their employees ' web site activity in order to prevent inappropriate surfing. 65% of companies
use software to block web sites by address or key words to prevent access of sites that are deemed off limits (AMA, 2008).
Employers are motivated to monitor employee Internet usage due to the loss of productivity during paid company time for personal gain. Employees
should be utilizing the Internet access in order to increase productivity, not for personal
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Monitoring Social Media Bias
In the age of social media, every online user has been monitored, whether it was by a company looking at their Facebook, a school checking
Instagram, or a friend creeping on Twitter. Today, people live in a social media fishbowl, and it's pretty probable that one of the people watching
you might be your current or potential employer. According to CareerBuilder, 52% of companies review job applicants' social media profiles before
hiring them now, up from 43% in 2014. Obviously, It can be kind of embarrassing for a company if one of its employees, who represents them, does
something illegal via social media or posts offensive content. Also, student employees are much more hard to keep track of and monitoring their social
media may help companies... Show more content on Helpwriting.net ...
Innovation has become extremely important to the success of most companies recently, and many businesses rely on the creativity of their employees.
Many people, especially millennials and the incoming working class, use social media as a medium to express their personality and creativity; people
might feel less comfortable sharing their personalities online when being monitored and their creativity might suffer from that. According to the
Harvard Business Review, companies who encourage creativity are 50% more likely to be leaders in their specialized market. Some companies fail to
recognize the correlation between disregarding the personal freedoms of their employees outside the workplace and the diminishing work ethic and
flow of creativity within the business. It is understandable that companies expect a certain level of "social media etiquette" and employees should be in
compliance with some company requirements.However, there is a big difference in expecting employees to be in compliance with company rules and
regulations and hovering over their instagram posts like a helicopter mom. This can create a sense of distrust between employer and employee, which
may in turn, undermine the loyalty that is crucial within the workplace. A company needs to trust that it's employees are responsible adults, and
babysitting
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The Union of Baltic Cities Commission on Business Cooperation
Role of Global Organizations Introduction This paper is on the Union of Baltic Cities (UBC) Commission on Business Co–operation aimed at
improving the business environment in the Baltic Sea region cities. The project is funded by a consortium of private and public financial institutions.
The UBC is a voluntary and proactive network for the mobilization of shared potential in more than 100 member cities in the Baltic Sea Region that is
aimed at ensuring democratically, socially, economically, environmentally and culturally sustainable development. Nature of the consortium and role of
each player The consortium for the UBC Commission of Business consisted of governmental, regional and local authorities for the member cities,
public business development institutions, public research and training institutions, private regional or local business associations, small and medium
enterprises, civil societies, environmental partners, the European Union (EU) through the European Regional Development Fund and European
Neighborhood and Partnership Instrument, and the World Bank through its International Development Association (IDA) lending arm ADDIN
EN.CITE UBC Commission on Business Co–operation2011141(UBC Commission on Business Co–operation, 2011)14114127UBC Commission on
Business Co–operation,Baltic Sea Region Programme 2007–2013: Programme Manual2011Kiel Union of Baltic Cities( HYPERLINK l "_ENREF_1" o
"UBC Commission on Business Co–operation, 2011 #141" UBC Commission on
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The Scientific Systems Of Engineering Management
Introduction
Engineering Management refers to a specialized type of management which is primarily concerned with the application of certain engineering
principles to business activities or practice. In other words, Engineering Management can be said to be a career which unites the technological
problem–solving aspect of engineering and the administrative, planning, and organizational capabilities of management to facilitate the efficient
operation of activities within a sophisticated establishment from the start to the end.
Primarily, Engineering Management focuses on the planning, installation, improvement, and design of integrated systems of material, people,
information, energy, and equipment. This is achieved through utilization of specialized skills and knowledge in the physical sciences, social sciences,
and mathematical disciples. This knowledge and expertise are integrated into methods and principles of engineering analysis and design (Haverila and
Fehr 574). Through this incorporation, they can evaluate, specify, and predict results that are likely to be obtained. The scientific systems in
engineering management are majorly responsible for designing, implementing, and developing models to be used as the basis for evaluation and
analysis of results. Comparative analysis is achieved by taking into consideration the relationship that exists between engineering aspects and the
management duties such as organizing, planning, controlling, and leading. Moreover, these
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What Does The Law Say About Workplace Monitoring?
What does the law say about workplace monitoring? Unfortunately, there is little legal recourse available to employees in terms of workplace
monitoring. A 1986 Electronic Communications Privacy Act prohibits unauthorized interception of electronic communications, including email.
However, an exemption is made for service providers, which is commonly interpreted to include employers who offer email and Internet access
(Schulman). There are no federal statutes which regulate private employers on broad workplace privacy issues, but there are two federal laws that
regulate specific aspects of privacy that arise during the employment relationship:
The Federal Privacy Act restricts the collection of information and regulates access to Information for federal employees and covers private employers
who have federal contracts requiring specific record keeping obligations. The Federal Wiretapping Act/Electronic Communications Privacy Act
prohibits the intentional interception or disclosure of any wire, oral, or electronic communication where there is a reasonable expectation of privacy.
There are two exceptions: (1) if one party to the communication has consented, electronic monitoring is allowed, and (2) a business use exemption
permits telephone extension equipment used to monitor communications within the ordinary course of business. In addition to the federal privacy
laws, many states have adopted comparable statutes that may impact an employee monitoring program. A great
... Get more on HelpWriting.net ...
A Brief Note On Privacy And Electronic Monitoring
Moral Rights in the Work Place Research Question: Privacy and Electronic Monitoring in the Work Place? Introduction: Work is one of the most
important and highly valued human activities in large part because it is necessary for so many other central human goods. Moral Rights and Work
are connected because by the actions of others opportunities to work can be jeopardized. The expansion and proliferation of technology has dawned a
new era. Employers can easily monitor various side of their employee's jobs with the help of technology especially on computers and telephones, email
and voice mail, keystroke counting. Employer always keep an eye on their employee's work. Such monitoring is almost unregulated. Therefore, unless
... Show more content on Helpwriting.net ...
And 65% use software to block connections to web sites deemed off limits for employees. This is a 27% increase since 2001 when the survey was
first conducted. Employers are motivated by concern over litigation and the increasing role that electronic evidence plays in lawsuits and government
agency investigations. One hand it is necessary to monitor the employees' because to protect the business from legal liabilities and produce more
efficient employees and sometimes to stop the misuse of electronic resources. According to (Bezek, Britton, 2001) Workplace monitoring can be
beneficial for an organization to obtain productivity and efficiency from its employees. Big fortune companies like Microsoft and Apple monitor
each and every single call in their call centers so they can get to know about the quality of call and interaction of their employees with the customers
but employees already knows that their call is being monitored by their supervisor. That shows transparency in the policy. According to California state
law on California Public Utilities Commission, organizations monitoring phone calls are required to inform participants of the recording or monitoring
of the conversation by either putting a beep tone on the line or playing a recorded message (1983, General Order 107–B).The need of call monitoring
is very important for companies because sometimes after the call, their employees try to contact the customer
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A Comprehensive Suite Of Managed Security Services
MACCIUS offers a comprehensive suite of managed security services, providing you with 24/7/365 management and monitoring of your security
systems. Our globally available services are managed by a recognized team of experts, bringing years of experience into the equation when delivering
secure solutions to your business.
A steadfast firewall is one of the key elements of your network's infrastructure. Without a secure firewall, hackers can easily infiltrate your most critical
data. MACCIUS' managed security services shield you from the volume of sophisticated threats that are growing at an alarming rate.
Managed Firewall
MACCIUS will implement and cost–effectively manage a best–of–breed firewall system on your premises, at a MACCIUS data center or at a third
party location of your choice. We provide two options for a complete firewall management and monitoring solution:
Managed Firewall Services include MACCIUS–provided hardware, software licenses, maintenance, monitoring and management by our team of
reliable security experts.
Firewall Care Services extend the same monitoring and management to the firewall hardware and software owned by you.
Benefits of MACCIUS Firewall Management:
MACCIUS constantly monitors firewall health, responds to automated alerts and potential problems in minutes, and resolves most issues without the
need to contact customer personnel.
Reporting allows you to know where your threats originate and better address any vulnerability.
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The Case of the Omniscient Organization
Case Analysis: The Case of the Omniscient Organization
Introduction
In this case study, Dominion–Swann (DS) has implemented a "radical restructuring of the work environment" in order to regain control of its
employees. By 1990, DS had been suffering from a number of business woes. It was not keeping pace with its competition, employee turnover had
increased substantially, health costs and work–related accidents were rising, and employee theft was at an all–time high. Instead of identifying and
addressing the underlying business and management problems, DS decided to treat the symptoms by turning to SciexPlan Inc. to help radically
restructure the work environment through the use of employee monitoring technology.
Background ... Show more content on Helpwriting.net ...
Off–duty conduct may be relevant to employment if the misconduct negatively impacts the employee 's work performance or the company 's mission.
However, the systematic monitoring employed by DS raises serious privacy concerns. Monitoring all employees' activities, rather than just the activities
of employees under suspicion of specific misconduct, constitutes a blanket search that brings enormous privacy concerns.
Recommendations
DS would be better off with no employee monitoring rather than scrutinizing its employees ' every move. Once the employee monitoring creates a
morale problem, all of the value it has created will be diminished. If DS is to continue with employee monitoring systems, it must create and clearly
communicate a monitoring policy for employees.
DS needs to start with human–oriented policies, then use technology to enforce them. As it stands right now, DS is exerting too much power in its
invasion of employee privacy in the workplace. DS is exploiting the lack of regulation in this area in order to implement extremely invasive methods of
employee surveillance. Until employees are protected by regulation to protect their rights to privacy in the workplace, DS should assume responsibility
to self regulate by limiting the amount of surveillance, implementing it only when it achieves specific goals for success. Monitoring should be
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Big Brother Is Legally Watching: an Insight Into Workplace...
Big Brother Is Legally Watching: An Insight Into Workplace Surveilance
Abstract The paper is a brief insight into electronic surveillance in the workplace. It focuses on what video surveillance is; and what methods are used,
such as monitoring phone usage, video surveillance, monitoring email, internet usage, GPS surveillance of company vehicles and cell phones; and why
these methods are adopted within the workplace. It also focuses on the legal risk of electronic surveillance with the concerns of invasion of privacy and
its effect on the of workplace protocol and guidelines.
Big Brother Is Legally Watching: An insight in to Workplace Surveillance
The development of technology has completely changed the manner in which ... Show more content on Helpwriting.net ...
Almost fifteen percent of employers admitted to videotaping employee job performance and 35.3 percent to videotaping for security purposes (Barrett,
2008). Wachovia has bought various tools to monitor and document employee behavior and to spot and evaluate any criminal activity (Wolfe, 2008).
Hannaford Bros. and Pathmark are using intelligent systems that interpret video images to identify employee theft and shoplifting (Garry, 2008). At
many major casinos, trained security professionals are stationed in a video surveillance room closely observing the activity at the high–stakes gaming
tables for hints of fraudulent behavior that would put the casino at risk. Mobile phones are also frequently used to gather location data. The
geographical location of a mobile phone and the person carrying it can be determined through the GPS located whether it is being used or not. This is
done through a technique known as mutilateration. Mutilateration calculates the differences in time for a signal to travel from the cell phone to each
cell towers near the owner of the phone (Surveillance: Technology and Law, 2008). Businesses monitor data and traffic on the internet through
computer surveillance. Another form of surveillance that is on the rise is monitoring social networks through social networking sites such as Facebook,
MySpace, Twitter as well as from traffic analysis
... Get more on HelpWriting.net ...
Should Privacy Be Careful Of Who Is Watching Privacy? Essay
Be Careful of who is Watching Privacy
Issues in Employment Monitoring
Employee monitoring has been on the rise since the boost for technology in the business world. Different Organizations engage in monitoring of
employee's to track performance and to avoid legal liability, protect business secrets and to address other concerns such as security. Certain monitoring
practices are not upheld by employees because of the downfall it has on their satisfaction of privacy. Employers typically must not show some of their
private monitoring duties while in the workplace, but how much monitoring they can do can become a huge issue when it's invading natural privacy
rights. There is a debate raging on whether it is moral, ethical and legal for employers to monitor the actions of their employees. Employer's believe that
monitoring is a sure thing because it encourages positive behavior and discourage illicit activity and to limit liability. Although, with this problem of
monitoring of employees, many are experiencing a negative effect on emotional and physical stress including fatigue and lack of motivation within the
workplace. Employers might choose to monitor employee's activities using surveillance cameras, or may wish to record employee's activities while
using company owned computers or telephones. Courts are finding that disputes between workplace privacy and freedom are being complicated with
the forward move in advance technology as traditional rules that govern areas of
... Get more on HelpWriting.net ...
Social Media Has Made Great Headways
In the years that followed the dot com bubble, social media has made great headways in the way internet users connect with one another. With advances
in the way communication channels have opened up, majority of companies did not immediately join the social media revolution. Instead they took to
the sidelines, observing the actions of interactions rather than taking part in the development and monitoring of these operations. This could have been
attributed to the unclear understanding of how social media could be beneficial in the long run. Unlike traditional media, such as broadcasting centers,
and other media outlets, social media allows for a two–way interactive experience to solve problems that could arise in the operation of businesses.
Even with the establishment of such current pathways of communication, there is a downside to social media that argues for the privacy, security and
the protection of intellectual property. Social networking sites encourage businesses to change their traditional marketing strategies and focus on
talking with –– not at –– prospects and clients, with the goal of developing and "deepening the relationship" between the company and customer. But
what's the business benefit of that deepened relationship? When prospects grow to "know, like, and trust" a company, through interacting with their
representatives on social networking sites, they are much more likely to do business with that company. In an article by J.D Lasica and Kim Bale from
... Get more on HelpWriting.net ...
Internal Auditing notes
ACC621 Midterm review
Internal auditing is an independent objective assurance and consulting acitivity designed to add value and improve an organizations operations.
Adding value is provided by improving opportunities to achieve organizational objectives identifying operational improvement reducing risk through
exposure through both assurance and consulting.
Auditing has its key components
– accomplish objectives
–evaluate and improve effectiveness of risk management
–assurance and consulting activity designed to add value improve operations
–independence and objectivitiy
–systematic and disciplined approach.
Strategic objectives– pertain to value creation management makes on behalf of shareholders. Longterm strategies look ... Show more content on
Helpwriting.net ...
It helps an organization accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk
management control, and governance processes.
Code of ethics promotes the ethical culture in an internal audit profession. Principles and rules of conduct
Principles– Integrity, Objectivity, Confidentiality, and compentency. international standards
– Meant to be conducted in a diverse legal and cultural
environment within the organization– to adhere to basic principles, promote value adding and improve orgnizational processes and operations,
3 standards
Attribute standards– attributes of organization
Performance standards– providing quality criteria measuring performance
Implementation standards– expan on attribute and peformance stnadards
Assurance– deals wth objective examination of independent assessment on governance risk management and so forth. Checking to see if everything is
going well within the company.
Consulting– Advisory and add value and improve organization 's governance, risk management and control processes.
3 pillars of effective internal audit services– independence and objectivitiy, proficiency, and due professional care.
Conflict of interest– any relationship, that is not in the best interest of the organization.
Standards– extent of work needed, rfelative complexity materiality, effectiveness of governance, probability of significant erros, and
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System Security Monitoring
System Security Monitoring
UOPX
CMGT/442
November 5, 2012
Henry Rivera Jr.
Every organization has risks and it is extremely critical for them to identify what these risks are and to mitigate and avoid further damages in case of
disastrous events. These disastrous events can be prevented by designing and implementing a robust security monitoring system and utilizing industry
proven practices and activities. Information Security refers to safety of information in terms of confidentiality, integrity, availability, and
non–repudiation (Byrnes & Proctor, 2002). This document will provide a clear definition about the security monitoring activities that should be
designed and conducted in an organization that has both internal and ... Show more content on Helpwriting.net ...
The state monitoring can cover the analysis of security policies, access controls put in place, password requirements, network security controls,
permissions, viruses, and inappropriate files such as unnecessary image, music, videos, and other multimedia files. The system must also be able to
examine any workstation's current installed applications and determine whether or not updated versions exist. Any unnecessary or redundant data from
the logs must be extracted out as well.
Security monitoring does not just stop at the monitoring level. The security system must be able to protect the data collected from the security
monitoring system itself. Any vulnerabilities and holes will leave the security monitoring system ineffective and render it useless, especially in cases of
modification and tampering. Tampered data will never result to meaningful conclusions. Activity data must be confidential and regarded as sensitive.
The system must be able to compare negative and positive data and figure out which priority levels are given to each data and event. Another important
aspect is that the security monitoring systems and activities do not hinder or get in the way of the business operations (Fry, & Nystrom, 2009).
In an event of intrusion or security disaster, a security audit must be put into action immediately to avoid further damages. The first thing to conduct is
to confirm that a security breach or
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The Impact Of Privacy On The Workplace Field Of Human...
Employee privacy issues have surged to the forefront of the business press in recent years, spurred on by changing workplace dynamics and a
litigation–conscious business environment. Observers say that advances in telecommunications–such as e–mail and the Internet–coupled with
heightened concerns about vulnerability to litigation, have exacerbated management concerns about monitoring employee behavior. Indeed, employee
privacy is already fairly restricted in many respects in many of the large corporations. Privacy in the workplace is a controversial issue in the field
of Human Resource management as employers have more technologies available to monitor telephones, computer terminals, and voice mail. This
privacy issue has been fueled by the increased use of a variety of electronic monitoring systems. Electronic monitoring is defined as "the
computerized collection, storage, analysis, and reporting of information about employees ' productive activities" (Office of Technology Assessment,
1987, p. 27). "Currently, as many as 26 million workers in the United States are monitored in their jobs, and this number will increase as computers
are used more and more within companies and as the cost of these monitoring systems goes down" (DeTienne, 1993, p. 33). Of those monitored, 10
million have their work evaluated and pay based on the data collected (DeTienne, 1993). "By the end of the decade, as many as 30 million people may
be constantly monitored in their jobs" (DeTienne, 1993, p.
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Describe The Elements Of An Effective AML/CFT Culture
There are several elements of an effective AML/CFT culture, taking each one in turn;
Tone at the Top
Involvement by senior management in understanding and overseeing the AML/CTF compliance activity and, in addition ensuring senior management
receive appropriate training. Performance criteria and measures are also required, not only at senior levels but throughout the organisation.
Responsibility for oversight must be at the highest levels and where AML/CTF breaches do occur, claw–back provisions should be implemented.
There should also be clear mechanisms for in place for reporting and reviewing any compliance issues throughout the organisation which ensures the
independence of the compliance team.
Tone at the top should be of interest not ... Show more content on Helpwriting.net ...
Some examples of risk management include;
Risk assess the business, ensuring coverage of key areas such as customers, products , services, channels, countries , new products , and technology.
Risk assessment of the customer risks considering for example politically exposed persons, transaction sizes, sanctions and countries involved. On
conclusion of the risk assessments, the AML/CFT framework is implemented consisting of the approaches to customer due diligence (standard or
enhanced or simplified), transaction monitoring rules and implementation, monitoring unusual activity and reporting.
Effective Detection and Reporting
Effective transaction and monitoring and detection systems should be in place to capture potential illicit activity. There should also be trained and
skilled staff deployed not only to maintaining the systems but to also investigate activity. Of course, the size and complexity of such systems will
depend on the size and risk profile, senior management need to ensure suspicious activity reporting policies are clear, precise and discretion levels are
... Get more on HelpWriting.net ...
Privacy in the Workplace
Explain where an employee can reasonably expect to have privacy in the workplace.
Privacy in the workplace is very hard to get. Advancements in technology have been made that allow companies to monitor every aspect of an
employee use of their systems. This is very evident if you have a job that involves you to be on the telephones. Companies are able to listen to
each phone that is made, see every website that you have visited and read any email you have received. For example, I used to work at AMEX call
center, and they were able to monitor each call through a system called N.I.C.E.. Through this system the company was able to monitor my calls for
quality control reasons. However, if I made a phone call for personal reasons they ... Show more content on Helpwriting.net ...
Electronic surveillance is almost a way of life in the United States. Everything from law enforcement, military, government, banks, parking facilities
and etc use electronic surveillance. It is usually put into place to enhance the security for people and property, detect wrongful or lawful activities or
the interception of information that if let out to the public could be harmful and embarrassing to the company. The only place within a company that I
know of that you can't have surveillance is in the restrooms. So, I think that Herman's use of surveillance is sufficient. In business you have to keep
your competitive advantage and if an insider who knows your business workings lets it out, that business could quickly be at a disadvantage.
Explain to what extent an employer can engage in electronic surveillance of employees.
An employer can engage in surveillance of employees at almost any extent possible. As I mentioned earlier an employer surveillance can include
keystroke monitoring, reviewing emails, reviewing instant messages, monitoring of conversations, monitoring time spent on the phones as well as the
numbers called, video surveillance, drug testing and satellite technology to monitor use of company cars, and cell phones. As long as an employee is
using their networks and their systems, cars, cell phones and credit cards, the company can monitor you.
Explain to what extent the
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Unit 1 the Business Environment P5
Unit 1 Exploring Business Activity Assignment 3 P5
In this essay I will be describing how three external factors are impacting upon the business activities and stakeholders of John Lewis and Oxfam.
The first of the three external factors I have chosen is the credit crunch. The credit crunch is a decline in the availability of loans or a tightening of
conditions required to take out a loan from banks. It also means that there are reductions on the interest rates set up by banks for saving. Credit
crunches are normally caused by a period of careless and risky lending to people who don't necessarily fit the exact requirements, these careless
decisions lead to no return and leave the banks losing a lot of credit.
Impact in ... Show more content on Helpwriting.net ...
Impact in business activity
John Lewis
The entrance of new competitors for John Lewis puts a lot of pressure on them to keep original customers. They have to introduce ways of keeping
them coming back to their store and not the new competitors who have just set up. They could do this by creating a club card which gains points
for every purchase they use, the higher the purchase the more points they get to spend in store in return for products as a reward. If they do not
come up with a decent strategy to keep customers coming back then they will more than likely loose many customers to their new competitor which
could prove fatal to the financial statement figures. There is also an increased pressure to just reduce prices for a set period in order to calm the
hype of a new store being opened in the area. More advertising will also have to be done to compete and to try and fade the other store out of the market.
Oxfam
Although you wouldn't expect charities to have competition, they do. A new competitor for Oxfam would result in fewer donations as the new charity
will without doubt have marketing strategies to persuade people to donate to them. The public cannot afford to donate to every charity out there
therefore it increases pressure on Oxfam to make sure that they are the charity receiving the donations. In order to
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Decade's New Technology In The Workplace
WORKPLACE MONITERING SYSTEM During last decade's new technologies in the workplace have changed the way of mange the way of doing
works. New technologies have increased the employer risks and improved employer tools that manage and address such misconduct. The improved
tools and increased risks have resulted in the use of surveillance and monitoring. It increase the tension between employee privacy and management
rights. Workplace monitoring is a way of keeping an eye on conditions and activities in a workplace such as health, security and business reasons.
New technologies have changed the way we do and manage the things in work place during the last decades. Employers can use the information that
they collected in a variety of ways and technology allows employers to monitor many aspects of their employee's workplace activities. Monitoring
sometimes violate the employees' privacy rights, so many types of monitoring are allowed under the law. Sometimes technologies have increased
employer risks beyond the production and cost benefits. ... Show more content on Helpwriting.net ...
Employers are able to keep an eye on several aspects the employees. These monitoring is normally unregulated. Because of that there are company's
employee monitoring privacy policies. Suitable technology help the employers to get insight into employee behavior depending upon the "digital
footsteps". Those behavioral modeling technology can bring together all electronic records to know about the behavioral patterns of each of the
employee.
By monitoring the employees' activities the employers can protect trade secrets. It is the most important element of any business. Monitoring the
electronic communication of the employees is the best way which employers can ensure that their business secrets do not escape to
... Get more on HelpWriting.net ...
Essay On The Use Of Monitoring Techniques Used In The...
Khanh Huynh
Marcia Leath
ENGL 735
16/10/2017
The Use of Monitoring Devices at the Workplace
For the past decade, many companies have changed their way of using modern technologies. Therefore, it has resulted in newer strategies to manage
employees at the workplace. The increased usage of surveillance and monitoring have caused concerns for both employees and employers. These
technologies should not be allowed at the workplace because it can create poor working environment and violates ... Show more content on
Helpwriting.net ...
Personal information and important data like bank accounts and e–mails are vulnerable with monitoring devices placed everywhere.
Another reason is the stress monitoring employees in the workplace can cause. More than 12 million people are monitored by electronic surveillance
at work causing a sharp rise in stress levels, according to a survey by the Policy Studies Institute (PSI). Moreover, overly intrusive monitoring could
decrease productivity and potentially cause exhaustion and feelings of anxiety. The Security Director's Report adds that surveillance can undermine
morale and cause employees to resent management. It can foster discord and instead of bridging the existing gaps between management and their
employees, surveillance activities may bring in more skepticisms and gaps.
But some people argue that putting such devices in offices will increase the performance of employees. For example, employees can be distracted by
websites that are non–work related. According to a Nielson Media Research study, employees allegedly logged into outlets such as gaming websites
and social media networks like Facebook or Twitter. Any kind of viruses or malware could severely disrupt a business's day
–to–day activities; this
could become detrimental to productivity and have a knock–on effect on profits. By monitoring employee internet use and ensuring only business
surfing is carried out this
... Get more on HelpWriting.net ...

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Purpose Of Accounting

  • 1. Purpose of Accounting TASK 1 Purpose of Accounting In the modern day it is important for any business to have a good knowledge of different accounting process and help to understand how the business operates. Anyone from potential investors to stakeholders could look to see how well the business is going. We all know that any kind of idea could fail if their owners doesn't very carefully manage the business accounts. Purpose of accounting include recording different financial transaction ,planned or actual and with this figure producing final information.There are a plenty of different reason why accounting is so important to the progres of the business Record transaction–It is very important for any business,all the money coming in or out of... Show more content on Helpwriting.net ... TASK 2 Capital income: This is a money which has been invested by owner or investor,and they are used used for setting up a new business or buying any kind of mid–long term equipment.Primary buying of stock can be made using capital income ,but for future any stock could be buying using the sale income.There are so many different sources of capital income and there are all available to a different type of business Sources of capital income: >Sole trader–income from his own capital or any kind of personal bank loan. >Partnership– All partners are liable for increasing capital income,if they have any loans they will be individually secure. >Shares–Normally they are registered with companies house and shares are published. >Loans–lent to the owners or business. >Mortgage– large amount of money for a long period of time(repayment),and its insure with the premises. Revenue income: This is the money generated from the daily operation (sales of service and and good) and depends on the different type of business.We have three general type of sources. >Sales–cash or credit. >Commission– from selling products or service as an agent. Capital Expenditure: This is a money used to buying capital items,they are asset and belonging to the owners or the business.The ... Get more on HelpWriting.net ...
  • 2. Security Monitoring Security Monitoring Mobin Bahrami University of Phoenix Information Systems Risk Management CMGT/442 June 22, 2012 Brian Hoff Intro Security monitoring is an important factor in keeping any organization network safe as various attacks are on a rise. A company constantly must practice monitory techniques to keep their data safe. " The first step is to scan the internal and external environment and identify information technology risks before they become a problem. The key is to be proactive rather than reactive" (Marilyn Greenstein). Different organization consist of many applications that require a certain level of security measures and risk assessment. To determine the associated risks within an organization each application ... Show more content on Helpwriting.net ... E–commerce applications require critical networks to accommodate video, voice, and data traffic as the numbers of users increase the need for greater performance and support is necessary. As a network in a company enables more applications and are available to more users, the applications become more vulnerable to security threats. To ensure e–commerce transactions are not compromised security technology play a major role, and there are four categories that must be addressed: * Authentication ensures the safety of the systems and data by blocking access to unauthorized users while allowing users access. * Authorization allows only the user to change or modify within an account. * Encryption prevents third parties from recovering the original information, which cannot be recovered without access to the key. * Auditing keeps a record of operations such as, purchasing a merchandise. Human Resources Human resources are vital resources in any company to succeed business needs and support the employees to meet their objectives. Employees should be trained and motivated by the management team to achieve their potential. The data accessed by HR and management team will have the identity protection such as, username and password to gain access to company system. The level of access by employees will be limited compare to HR and management, which allow associates information to remain ... Get more on HelpWriting.net ...
  • 3. Essay about Fbi Case Study FBI Case Study Assignment #1 Table of Contents Executive Summary3 Project Overview3 The key issues related to the failure of the project:4 Resolution4 Relevance to IT Project Management:5 Key Takeaways:7 Research Approach7 References8 Executive Summary: The "Who Killed the Virtual Case File?" case study is a clear example of project failure which resulted on not only balloon the cost of the project, but also loss that could be counted on millions of dollars. Because of the size of the project and the failure of the project, it is broadly used to prevent future IT Project Management disasters. Project Overview: When special agent Larry Depew collected evidence of illegal activity of the Russian and ... Show more content on Helpwriting.net ... Scope Management includes following steps: clearly defining and documenting project business requirements by the company shareholders (collect requirements), develop a detailed description of the project (define scope), subdivide project deliverables and project work into smaller, manageable components (create WBS), formalize acceptance of the completed project deliverables, and monitoring the status and scope (verify scope), and managing changes to the scope baseline (control scope). FBI's VSF project failed to define detailed project requirements, formalize acceptance of completed project deliverables by SAIC and monitoring and managing the scope by project manager. * Violation of the Project Cost Management Project Cost Management includes the processes involved in estimating, budgeting, and controlling costs so that the project can be completed within the approved budget. The cost management process includes: developing an approximation of the monetary resources (estimate costs), estimating costs of the individual activities (determine budget) and monitoring the status of the project budget and managing changes to the cost baseline (control costs). VSF project failed to address cost control in project cost management, because it had possibility to receive funding from the government. * Violation of the Project Time Management Project Time Management includes the processes required to manage timely
  • 4. ... Get more on HelpWriting.net ...
  • 5. The Ethical Dilemmas That Arises From The Employer Moral Rights in the Work Place Abstract Many questions on privacy and electronic monitoring of employees make complex answer. This paper will explain the ethical dilemmas that arises from the employer. Research Question: Privacy and Electronic Monitoring in the Work Place? Introduction: Work is one of the most important and highly valued human activities in large part because it is necessary for so many other central human goods. Moral Rights and Work are connected because by the actions of others opportunities to work can be jeopardized. The expansion and proliferation of technology has dawned a new era. Employers can easily monitor various side of their employee's jobs with the help of technology especially on computers... Show more content on Helpwriting.net ... Around two–thirds of employers monitor their employees' web site visits in order to prevent inappropriate surfing according to American Management Association (AMA). And 65% use software to block connections to web sites deemed off limits for employees. This is a 27% increase since 2001 when the survey was first conducted. Employers are motivated by concern over litigation and the increasing role that electronic evidence plays in lawsuits and government agency investigations. One hand it is necessary to monitor the employees' because to protect the business from legal liabilities and produce more efficient employees and sometimes to stop the misuse of electronic resources. According to (Bezek, Britton, 2001) Workplace monitoring can be beneficial for an organization to obtain productivity and efficiency from its employees. Big fortune companies like Microsoft and Apple monitor each and every single call in their call centers so they can get to know about the quality of call and interaction of their employees with the customers but employees already knows that their call is being monitored by their supervisor. That shows transparency in the policy. According to California state law on California Public Utilities Commission, organizations monitoring phone calls are required to inform participants of the recording or monitoring of the conversation by either putting a beep tone on the line or playing a recorded ... Get more on HelpWriting.net ...
  • 6. Research Report On Farm Monitoring Essay Farm Monitoring 24/7 Ltd Business Plan August 2014 Contents 1.0Concept2 2.0Keys to Success2 3.0Product2 4.0Market analysis3 5.0Competition5 6.0Company overview including business model6 6.1Competitive edge6 6.2Sales strategy6 6.3Marketing Strategy7 6.4Management strategy7 6.5Sales forecast7 6.6Estimated Costs7 6.7Financial plan8 7.0Risk Analysis11 8.0Milestone and Timeline12 9.0Long term plan13 10.0Investment opportunity13 1.0Concept There are a few key aspects of dairy farming that need to be monitored carefully or result in unwanted outcomes. This includes the voltage on the fences around the farm, the temperature of the milk that is in the vat and the activity of the water pump. A constant monitoring system of these three
  • 7. important farming aspects could improve farm profitability. A mobile phone application will be designed to incorporate monitoring of these three activities. If the fences do not have the required voltage on them this can result in animals escaping and injuring themselves. This can be difficult to monitor as currently to do this you are required to be on the farm using a fence tester. The milk temperature is required to be below 7 degrees Celsius within 3 hours by the milk company to ensure it is safe for human consumption. This is done through using chiller machines as if the milk does not reach this temperature in time the entire vat full of milk must be disposed of which causes a loss of income for the ... Get more on HelpWriting.net ...
  • 8. Diversification And Diversification Into The New Markets... Diversification is entering the new markets with new products and different from those in which the firm is currently engaged in. It is helpful to divide diversification into 'related' diversification and 'unrelated' diversification. Related diversification is when a business adds or expands its existing product markets. The company starts manufacturing a new product or through new market related to its business activity. For example, a phone company that adds or expands its wireless products or services by purchasing another wireless company is engaging in related diversification. Under related diversification, companies want to make easier the consumption of its products by producing complementing goods or offering complementing services. In a related diversification the resulting combined business should able to improve return on investment (ROI) because of increased revenues, decrease costs and reduced investment. 1.2 Examples a)Brand name One commonly found resource that is exportable is a strong established brand name like Coca–Cola, Microsoft, Pepsi, BMW and others. For example, Coca–Cola spent $4.1 billion to acquire Glaceau, includes its health drink brand Vitaminwater in 2007. b)Marketing skills Usually a firm will lack a strong skill in marketing for a particular market. The frequent motive to diversify is to export or import a marketing talent. For these cases, Coca–Cola's marketing skills are used to be to bring the plight of polar bears closer to ... Get more on HelpWriting.net ...
  • 9. How the Growth of Electronic Monitoring Has Changed... The use of the internet for personal pursuits in the workplace has seen phenomenal growth over the last quarter century. Along with this growth, employers and employees alike have used the internet as a tool to increase profit, manage time and facilitate communications. However, such technological advancement has its issues. The problem investigated is how the growth of electronic monitoring has changed employee expectations of privacy in the workplace. Should employees be able to use the internet for personal items while working? Does the employee's ability to do so ultimately save the employer time and money? The answer to whether employees should use the internet for personal pursuits while working is both a yes and a no. The ... Show more content on Helpwriting.net ... An employee observed on the sly potentially diminishes his perspective of his value and role to the company. In contrast, a manager making rounds unannounced to observe employee behavior has an opportunity to exchange meaningful feedback in real–time. He can utilize management techniques designed to limit attrition attributed to ignorance, lacking job training or simply the magic of human interaction. (Phillips, 2008) Does privacy apply to Law Enforcement? What about warrants for emails? Law enforcement of internet usage ensures everyone plays according to the rules in the corporate sandbox. Therefore, privacy rights may not be applicable. Some of these rules, if violated, may cause great harm to a corporation, such as copyright infringement on intellectual property, and/or the viewing of unacceptable images leading to sexual harassment suits. Internally at a corporation, it can mandate oversight of usage to protect itself from such misuse and can state the practice thereof. For criminal prosecution however, the burden of enforcement requires certain infringements of privacy rights but not outside of the rule of law. The Electronics Communications Act of 1986 (ECPA) was the first swing at limiting violations of privacy in internet usage. It prevented eavesdropping on digital files as they moved through the internet chain. Warrants are ... Get more on HelpWriting.net ...
  • 10. The Impact Of Technology On The Business World In today's day and age, employees are constantly surrounded by technology and digital media. The idea of technology in the business world is not new. However, it is becoming an increasingly essential tool for businesses and the decision they make. Technology can be both a tool and a distraction for employees. It is becoming increasingly easy to get off task during work because of the distractions of computers and the internet. In fact, one in three employees waste over two hours online per week. The misuse of technology during work hours is a waste of time for the employee and a risk for the company. The threat of external issues can be prevented through internal monitoring. Therefore, software such as Spector360 is highly recommended for companies to use. Spector360 is an innovative and comprehensive employee monitoring software that is used to "deter, detect, and detail harmful employee activity across Windows and Mac devices." The use of an employee monitoring software can increase productivity throughout the business and can save thousands of dollars for the company. According to Spector Soft, "50% of breaches are a result of employee behavior." The product is developed and licensed by SpectorSoft, a software manufacturer that develops and sells computer and cell phone monitoring tools. The Spector Pro and Spector Pro for Mac were the first monitoring software from SpectorSoft. The Spector CNE Investigator software came later and is identical to Spector Pro. However, the ... Get more on HelpWriting.net ...
  • 11. Impact Of The Huge Investment On The Economy Of Commerce... As it was mentioned before, Carr has good points regarding the huge investment on IT in the infrastructure of commerce period. However, he should realize the importance of this investment in the second stage too. He wrote this article in 2003 and maybe he was not aware enough about what the real value of IT is. Although there are many successful companies which invested a lot on their IT systems, but he insisted to underestimate the value of these investments. The huge investments in the IT systems of Amazon and others giant companies is the key for their successful. Without investing in the IT systems in the commoditization stage (as he referred to it), these companies won't be able to compete in this intense market. I believe that he... Show more content on Helpwriting.net ... Now, it is hard for any company to survive in the global market without advance IT systems. I think we do not have a lot of opportunities in this world. If we have a chance, we have to exploit it right away and do not wait for others to have it. He had a point when he said waiting will save some money, but this money is considered as an investment and not loss. There are many reasons why these giant companies are successful in theirbusiness. Investing in new IT systems will * Reduce costs Giant companies such as Amazon uses its ITs systems as an effective way to reduce costs. The IT enables Amazon to have a competitive advantage over other rivals and leave them behind. IT was not only help Amazon to do what it did before, but it was also enable it to expand more in new directions. * Create and build barriers to entry Once a company has an advancement in their IT systems, it will be harder for others companies to compete in the same business. These new rivals have to invest heavily to reach the same level of the company that invest in its IT systems before them. Also, these rivals will try to copy the successful company while the successful company works on something more advance. These two factors are the most important factors that enabled these companies to be dominant in their business. Essay 2 Monitoring Employees on Networks: Unethical or Good Business? (pp 266– 267)
  • 12. 1. What specific management, organization, ... Get more on HelpWriting.net ...
  • 13. Security And Security In Security Technology has facilitated the use of transiting data. With that in mind, sensitive information must be kept within close safe guards. Failure to protect vital information may facilitate its retrieval by criminals or those with malicious intents to use that data unethically. Individuals with access to material non–public information may sell that information to an outside party for profit. Likewise, these individuals may harvest this data within their perimeters to use as ammunition to defraud or blackmail an organization. Employers need to be wary of the threat of insiders exposing sensitive information to outside parties. "An insider is anyone who has intimate knowledge of internal operations and processes, or trusted access to... Show more content on Helpwriting.net ... "Fraud is less likely to occur when employees believe that security is everyone's business, when they see themselves as protecting the company assets, and when they believe it is their responsibility to watch for and report evidence of computer fraud" (Haugen and Selin 4). When employees resemble sound morals, the probability of employees harboring intentions to steal company secrets decrease. "Behind this growth in monitoring policy is a business goal aimed at ensuring the continued viability and success of the company, which should be in every employee's long–term best interest" (Fleming 110). Situations that promote employee fraud in the workplace include poor internal controls, poor personnel policies and practices, and a lack of integrity principles (Haugen and Selin 2). Management needs to present the image that it is vital to secure the assets of the firm to protect the longevity of not only your career but also the company's existence in the corporate world. When employees feel like they are valued member of their company, they are less inclined to act in a manner that would defraud their place of employment for personal gain. Likewise, increasing the perception of detection inspires employees to refrain from deceptive activities. People generally refrain from unethical behavior when there is a perceived notion of harsh consequences should they engage in those actions. Unwarranted disclosures of company trade secrets threaten the livelihood as ... Get more on HelpWriting.net ...
  • 14. Internal Control and Sunshine Center Task 3: Internal control 1. What do you think is the primary problem at the Sunshine Center? There where no financial reports or summaries of the cash flows. Probably, Barb wasn't fare about the payments. Because there was no financial report it was not clear where all the money went to. 2. Why is accountability important to the Sunshine Center Committee? The director? Cli
ents of the Sunshine Center? Church members? It is so important to the committee so they can check if the cash balance is still okay. The director can check if everybody does his work well and if there are no financial problems. The clients need to know if Sunshine is fair and the church members are maybe willing to serve the committee if they know... Show more content on Helpwriting.net ... Effective communication also must occur in a broader sense, flowing down, across and up the organization. All personnel must receive a clear message from top management that control responsibilities must be taken seriously. They must understand their own role in the internal control system, as well as how individual activities relate to the work of others. They must have a means of communicating significant information upstream. There also needs to be effective communication with external parties, such as customers, suppliers, regulators and shareholders. в—Џ Monitoring – Internal control systems need to be monitored–a process that assesses the quality of the system's performance over time. This is accomplished through ongoing monitoring activities, separate evaluations or a combination of the two. Ongoing monitoring occurs in the course of operations. It includes regular management and supervisory activities, and other actions personnel take in performing their duties. The scope and frequency of separate evaluations will depend primarily on an assessment of risks and the effectiveness of ongoing monitoring procedures. Internal control deficiencies should be reported upstream, with serious matters reported to top management and the board. Sunshine could use monitoring, information and communication, control environment, and control activities. ... Get more on HelpWriting.net ...
  • 15. The Best Way That An Employee Should Be Monitored By Their... The best way that an employee should be monitored by their employer is to have a software program that oversees the computer use of all of the employees that is set by a companywide set of standards. These standards should have no access parameters such as sex sites, or unethical locations such as a web site that promoted Arian Nation or White Supremacy. Additionally, it is realistic to have a company investigate any irregularities that occur on their own company equipment and network. Furthermore new employees are regularly acquainted with the companies own computer network policies and rules. To that end, employees are commonly required to sign a training roster that outlines these specific computer regulations and it is normally placed in their employee file. There are many types of monitoring devices in the workplace such as cameras, company phones, and radio transistors. Additionally, the increase of cell phone use in the work place provide a communication tool that can be utilized as computer and every transmission can be scrutinized. In the text, the author provides additional insight into corporate monitoring and why it is done. Based on the author's explanation "It is now relatively easy for employers to monitor every keystroke entered by an employee, the contents of an employee's computer screen at any point and time, stored e–mails, Internet sites visited and the employee whereabouts"(Walsh, 2013, p.598). With monitoring tools that can virtually capture not only ... Get more on HelpWriting.net ...
  • 16. Evaluation Of Training For Senior Employees And... L* denotes Likelihood (see clause 7.1(b) under "Likelihood") I# denotes Severity of Impact (see clause 7.1(b) under "Impact" and Annexure D) [For risks relating to Zagga in general, including some ACL and/or AFSL specific risks] # Risk Areas L* I* Risk Rating Treatment Controls Owner(s) 1 Reliance on Zagga Representatives, human error and poor or underperforming representatives and Zagga Representatives (including reliance on key people and fraud/misrepresentation by Zagga Credit Representatives and other representatives) Compliance 2 3 5 Reduce в—ЏTraining and Fit and Proper Person Policy в—ЏReference Checks/Police checks в—ЏRegulators advised of change в—ЏOngoing training – training for senior employees and responsible managers consists of compliance training, as well as monitoring of training requirements through the training policy в—ЏDocumentation of business strategy, policies and procedures в—ЏMentoring and supervision в—ЏAssess potential employees for their suitability based on their education, qualifications and experience в—ЏOnly appoint appropriately qualified personnel HR and Legal and Compliance 2 Conflicts of interest Compliance 3 3 6 Reduce в—ЏConflicts of Interest Policies в—ЏConflicts of interest training – Personnel reminded of need to declare and manage conflicts. Monitoring of adherence and awareness of Conflicts policy is the responsibility of the Legal and Compliance Legal and Compliance, team Senior Managers 3 Adverse ruling from external complaint resolution ... Get more on HelpWriting.net ...
  • 17. The Impact Of Privacy On The Workplace Field Of Human... Employee privacy issues have surged to the forefront of the business press in recent years, spurred on by changing workplace dynamics and a litigation–conscious business environment. Observers say that advances in telecommunications–such as e–mail and the Internet–coupled with heightened concerns about vulnerability to litigation, have exacerbated management concerns about monitoring employee behavior. Indeed, employee privacy is already fairly restricted in many respects in many of the large corporations. Privacy in the workplace is a controversial issue in the field of Human Resource management as employers have more technologies available to monitor telephones, computer terminals, and voice mail. This privacy issue has been fueled by the increased use of a variety of electronic monitoring systems. Electronic monitoring is defined as "the computerized collection, storage, analysis, and reporting of information about employees ' productive activities" (Office of Technology Assessment, 1987, p. 27). "Currently, as many as 26 million workers in the United States are monitored in their jobs, and this number will increase as computers are used more and more within companies and as the cost of these monitoring systems goes down" (DeTienne, 1993, p. 33). Of those monitored, 10 million have their work evaluated and pay based on the data collected (DeTienne, 1993). "By the end of the decade, as many as 30 million people may be constantly monitored in their jobs" (DeTienne, 1993, p. ... Get more on HelpWriting.net ...
  • 18. Explain The Task 3.3 Decide On The Appropriate Course Of... Task 3.3 – Decide on the appropriate course of action for responding to risk. Some risks may be of greater concern than the others. Prioritizing is important to decide the appropriate course of action as the actions will not mitigate or respond to all the risks. Organizations determine acceptable degrees of residual risk based on organizational risk tolerance and the specific risk tolerances of decision makers. [1] Task 3.4 – Decide on the appropriate course of action for responding to risk. Depending on the complexity of the risk, the implementation may be challenging. Some risk responses are tactical and implemented quickly. STEP 4: MONITORING RISK Inputs and Preconditions: Inputs to this step are the implementation strategies and actual ... Get more on HelpWriting.net ...
  • 19. Having Effective Policies In Place Is Important When Dealing Having effective policies in place is important when dealing with the management of a business in order to set guidelines for the people involved in the business, so they how it works and what is expected of them in order for the business to function effectively. If no policies are found within a business, it will be in trouble when a problem arises and there is not a base or rules to follow. Also, policies help explain what is important for the business and what it enforces and protects. For that reason, I decided to implement some important policies in Escape Restaurant and Night Club in order to provide a foundation for the business to be effective, safe, and profitable. E_POLICIES Ethical Computer Use The Ethical Computer Use ... Show more content on Helpwriting.net ... For example, employees could copy customer's information from their names, phone numbers, and credits card information and sale it to people interested or use it outside for their personal use and could even lead to identity theft and negatively affect the company's reputation and image if the customers feel that their personal information is not protected. By having this policy, the guidelines regarding the intended use of customer's information, employees would be careful not to do other things with the information. They would now that they should protect the information and anything other than the intended use of the information stated in the policy would get them in trouble and they would face the consequences. Acceptable use policy In order for employees to access Escape's email, information systems, and the internet, the will have to agree to follow the acceptable use policy. If there was no acceptable use policy in place for escape, employees would not have the guidelines for what is acceptable when accessing the business computer systems and information, as result they can use the business information and computers to unlawful or illegal actions which could negatively affect the business dramatically. Also, they could steal the information and sale or give it to competitors or they could even get the business to get in problems. In order to prevent ... Get more on HelpWriting.net ...
  • 20. Security Monitoring Activities This paper will describe the security monitoring activities that should be implemented and carried out in an organization on both internal and e–commerce applications. Managing risk is very crucial and plays an integral part in an organization especially to those that considers data as one of their asset. In this time and age, good risk management is the basis in achieving good business and attaining the company's goals high ROI (Return On Investment). Security monitoring is associated and linked to other project management process to make sure that risk are identified, handled and effective patch up strategy is in place and ready to carry out. (Cooper, et.al, 2005) Generally in technology, security monitoring plays an integral part... Show more content on Helpwriting.net ... Data and other pertinent information that a company has needs the utmost type of security monitoring to prevent loss or damage. The internet has been one of the focal point of sales and marketing for most businesses and that leave no other choice but to be vigilant in protecting its assets. Security monitoring for network could mean some sort of sensor in and around the network. Firewall, router, and server create continuous flow of audit messages and this may generate alarm in some way. Although the sensor serves as the shield that alerts the system, this does not imply that it offers security. Network attacks can be ingenious and attackers can be crafty and this can be detected by having an intelligent alert that well trained professionals can execute a well planned counteraction against it. Course of action can include; Sorting real attacks from false alarm Analyzing the full context of the alarm Investigate into any type of suspicious activities Evaluate what the software find uncommon and irregular activities Monitoring should be atop in a network plan because the step of risk assessment can take time and will not alleviate the vulnerabilities it faces. Implementing and installing security products and software are only useful when and if they are properly installed and placed in the right area where it can be very useful. There ... Get more on HelpWriting.net ...
  • 21. Ethical Controversy: The Invasion Of Privacy The thing that jumped out the most while reading the article was the invasion of privacy. However, the software installed on the cars to monitor their activity is similar to the software that is installed on company computers to monitor their activity as well. This is done as a means to safeguard the assets to ensure they are being used properly for business purposes. This software is used to improve efficiency of the use of the asset, and protect against risk of the item being used improperly or illegally. The monitoring software acts as an internal control for the equipment use. That being said, there are some ethical implications that could come into play while this software is being used. If I were an employee of that firm I would wonder ... Get more on HelpWriting.net ...
  • 22. Internal Control-Intergrated Framework Paper To organize reliable financial information is a necessary responsibility of the management of each public organization. The aptitude to successfully manage the organization's business requires accessibility to appropriate and accurate information. Furthermore, investors must trust company's financial reports if the company wishes to raise capital in a public security market. The management's ability to produce trustworthy, reliable, and accurate financial reports depends on the design and success of the processes and safeguards it has put into place over their financial reporting. Although sensible control systems fail for produce ultimate guarantees to assure that financial reports will be free from errors or misstatements, an effective internal... Show more content on Helpwriting.net ... Effectiveness and efficiency of operations focus on the foundational objectives of the business, as well as protection of resources, performance and profit goals. The reliability of financial reporting pertains to the preparation of trustworthy published financial statements, with interim and condensed financial statements and financial data selected from such statements (COSO, 2015). Compliance with applicable laws and regulations approaches compliance of laws and regulations to which the entity is subject. Each category deals with separate necessities and allow precision towards focus to meet different needs. The five interrelated elements of internal control draw from the way management operates the organization and integrates it with the management process. The elements of internal control include the control environment, risk assessment, control activities, information and communication, and monitoring. Discipline and structure is the foundation of internal control, in combination with integrity, ethical values, management way of thinking, operational style, and how the organization develops their staff; the control environments offer a firm composition of a control ... Get more on HelpWriting.net ...
  • 23. Essay Ethics and Diversity Managment Policies Introduction The purpose of this paper is to analyze best principles for implementing and support ethical behavior in an organization and diversity management. The researcher will recommend policies for ethics and diversity management. Furthermore, the researcher will identify policies for monitoring unethical behavior and injustice in an organization. Finally, the researcher will provide the rationale for selected policies. Ethics Policies According o Golja and Paulisic (2010) ethics is define as a system of moral principles, the rule of conduct recognized in respects to a particular class of human actions or a particular group, culture and the moral principles of an individual. Camps and Majocchi (2010) defines ethics as rules ... Show more content on Helpwriting.net ... Furthermore, leadership must allow employees to take ownership of the policies in order for employees to realize that ethical behavior and business practices is the responsibility of all employees. For example, the literature examines best practice as to conduct annual ethics training to reinforce established policies. To include, outlined auditing processes to ensure policies are effective, efficient, and to allow for changes when necessary (Camps & Majocchi, 2010; Mele, Debeljuh, & Arruda, 2006; Schnebel & Bienert, 2004). The literature examines the following ethics policies: a) use of company funds and assets, b) handling of confidential information, c) personal financial interests and outside activities, and d) how to conducting business that is in compliance with organizational, state, local government, and federal laws. Also, organizations should have ethical policies that address trading stock, conducting business with suppliers and customer, kickbacks and rebates, the acceptance of gifts, bribery, destruction of company property, and the handling of the organization's recordkeeping and retention of records. To conclude, organizations need to have policies that address disclosure of information, as well as, appropriate acceptable behavior when dealing with competitors, suppliers, and other business partners (Camps ... Get more on HelpWriting.net ...
  • 24. Why Companies Have A Right For Monitor Employees ' Use Of... Why Companies Have a Right to Monitor Employees' Use of the Internet While on Company Time Michelle Lee Salgado Delaware Technical and Community College Principles of Management November 25, 2014 The use of Internet and electronic communication has become widespread in the typical American workplace. As technology continues to advance and grow, the temptations to those who have access will also increase. Information regarding any subject can be retrieved posing a variety of threats that can potentially harm the business or organization. Adding a form of Internet monitoring not only adds protection for the business but it also adds protection to the employees as well. Despite the increasing number of companies that have ... Show more content on Helpwriting.net ... The monitoring of Internet activity along with regular scanning of company computers, including the files and documents it contains, helps protect not only the computer equipment but any secure information that can potentially be harmed or even extracted by attacks or computer hackers. When users visit a Web site, they may be asked to provide specific registration information, which can be used to create an individual user profile when combined with other data collected through tracking technology. Consequently, this information can be used to send unsolicited bulk e–mail, or spam. Although spam is primarily used for commercial purposes, spam may also promote political, malicious, or illegal schemes (Sipior, 2002). This can cause innocent actions to quickly turn into very harmful results through the Internet. The American Management Association conducted a survey in 2007 and found that two–thirds of employers monitor their employees ' web site activity in order to prevent inappropriate surfing. 65% of companies use software to block web sites by address or key words to prevent access of sites that are deemed off limits (AMA, 2008). Employers are motivated to monitor employee Internet usage due to the loss of productivity during paid company time for personal gain. Employees should be utilizing the Internet access in order to increase productivity, not for personal ... Get more on HelpWriting.net ...
  • 25. Monitoring Social Media Bias In the age of social media, every online user has been monitored, whether it was by a company looking at their Facebook, a school checking Instagram, or a friend creeping on Twitter. Today, people live in a social media fishbowl, and it's pretty probable that one of the people watching you might be your current or potential employer. According to CareerBuilder, 52% of companies review job applicants' social media profiles before hiring them now, up from 43% in 2014. Obviously, It can be kind of embarrassing for a company if one of its employees, who represents them, does something illegal via social media or posts offensive content. Also, student employees are much more hard to keep track of and monitoring their social media may help companies... Show more content on Helpwriting.net ... Innovation has become extremely important to the success of most companies recently, and many businesses rely on the creativity of their employees. Many people, especially millennials and the incoming working class, use social media as a medium to express their personality and creativity; people might feel less comfortable sharing their personalities online when being monitored and their creativity might suffer from that. According to the Harvard Business Review, companies who encourage creativity are 50% more likely to be leaders in their specialized market. Some companies fail to recognize the correlation between disregarding the personal freedoms of their employees outside the workplace and the diminishing work ethic and flow of creativity within the business. It is understandable that companies expect a certain level of "social media etiquette" and employees should be in compliance with some company requirements.However, there is a big difference in expecting employees to be in compliance with company rules and regulations and hovering over their instagram posts like a helicopter mom. This can create a sense of distrust between employer and employee, which may in turn, undermine the loyalty that is crucial within the workplace. A company needs to trust that it's employees are responsible adults, and babysitting ... Get more on HelpWriting.net ...
  • 26. The Union of Baltic Cities Commission on Business Cooperation Role of Global Organizations Introduction This paper is on the Union of Baltic Cities (UBC) Commission on Business Co–operation aimed at improving the business environment in the Baltic Sea region cities. The project is funded by a consortium of private and public financial institutions. The UBC is a voluntary and proactive network for the mobilization of shared potential in more than 100 member cities in the Baltic Sea Region that is aimed at ensuring democratically, socially, economically, environmentally and culturally sustainable development. Nature of the consortium and role of each player The consortium for the UBC Commission of Business consisted of governmental, regional and local authorities for the member cities, public business development institutions, public research and training institutions, private regional or local business associations, small and medium enterprises, civil societies, environmental partners, the European Union (EU) through the European Regional Development Fund and European Neighborhood and Partnership Instrument, and the World Bank through its International Development Association (IDA) lending arm ADDIN EN.CITE UBC Commission on Business Co–operation2011141(UBC Commission on Business Co–operation, 2011)14114127UBC Commission on Business Co–operation,Baltic Sea Region Programme 2007–2013: Programme Manual2011Kiel Union of Baltic Cities( HYPERLINK l "_ENREF_1" o "UBC Commission on Business Co–operation, 2011 #141" UBC Commission on ... Get more on HelpWriting.net ...
  • 27. The Scientific Systems Of Engineering Management Introduction Engineering Management refers to a specialized type of management which is primarily concerned with the application of certain engineering principles to business activities or practice. In other words, Engineering Management can be said to be a career which unites the technological problem–solving aspect of engineering and the administrative, planning, and organizational capabilities of management to facilitate the efficient operation of activities within a sophisticated establishment from the start to the end. Primarily, Engineering Management focuses on the planning, installation, improvement, and design of integrated systems of material, people, information, energy, and equipment. This is achieved through utilization of specialized skills and knowledge in the physical sciences, social sciences, and mathematical disciples. This knowledge and expertise are integrated into methods and principles of engineering analysis and design (Haverila and Fehr 574). Through this incorporation, they can evaluate, specify, and predict results that are likely to be obtained. The scientific systems in engineering management are majorly responsible for designing, implementing, and developing models to be used as the basis for evaluation and analysis of results. Comparative analysis is achieved by taking into consideration the relationship that exists between engineering aspects and the management duties such as organizing, planning, controlling, and leading. Moreover, these ... Get more on HelpWriting.net ...
  • 28. What Does The Law Say About Workplace Monitoring? What does the law say about workplace monitoring? Unfortunately, there is little legal recourse available to employees in terms of workplace monitoring. A 1986 Electronic Communications Privacy Act prohibits unauthorized interception of electronic communications, including email. However, an exemption is made for service providers, which is commonly interpreted to include employers who offer email and Internet access (Schulman). There are no federal statutes which regulate private employers on broad workplace privacy issues, but there are two federal laws that regulate specific aspects of privacy that arise during the employment relationship: The Federal Privacy Act restricts the collection of information and regulates access to Information for federal employees and covers private employers who have federal contracts requiring specific record keeping obligations. The Federal Wiretapping Act/Electronic Communications Privacy Act prohibits the intentional interception or disclosure of any wire, oral, or electronic communication where there is a reasonable expectation of privacy. There are two exceptions: (1) if one party to the communication has consented, electronic monitoring is allowed, and (2) a business use exemption permits telephone extension equipment used to monitor communications within the ordinary course of business. In addition to the federal privacy laws, many states have adopted comparable statutes that may impact an employee monitoring program. A great ... Get more on HelpWriting.net ...
  • 29. A Brief Note On Privacy And Electronic Monitoring Moral Rights in the Work Place Research Question: Privacy and Electronic Monitoring in the Work Place? Introduction: Work is one of the most important and highly valued human activities in large part because it is necessary for so many other central human goods. Moral Rights and Work are connected because by the actions of others opportunities to work can be jeopardized. The expansion and proliferation of technology has dawned a new era. Employers can easily monitor various side of their employee's jobs with the help of technology especially on computers and telephones, email and voice mail, keystroke counting. Employer always keep an eye on their employee's work. Such monitoring is almost unregulated. Therefore, unless ... Show more content on Helpwriting.net ... And 65% use software to block connections to web sites deemed off limits for employees. This is a 27% increase since 2001 when the survey was first conducted. Employers are motivated by concern over litigation and the increasing role that electronic evidence plays in lawsuits and government agency investigations. One hand it is necessary to monitor the employees' because to protect the business from legal liabilities and produce more efficient employees and sometimes to stop the misuse of electronic resources. According to (Bezek, Britton, 2001) Workplace monitoring can be beneficial for an organization to obtain productivity and efficiency from its employees. Big fortune companies like Microsoft and Apple monitor each and every single call in their call centers so they can get to know about the quality of call and interaction of their employees with the customers but employees already knows that their call is being monitored by their supervisor. That shows transparency in the policy. According to California state law on California Public Utilities Commission, organizations monitoring phone calls are required to inform participants of the recording or monitoring of the conversation by either putting a beep tone on the line or playing a recorded message (1983, General Order 107–B).The need of call monitoring is very important for companies because sometimes after the call, their employees try to contact the customer ... Get more on HelpWriting.net ...
  • 30. A Comprehensive Suite Of Managed Security Services MACCIUS offers a comprehensive suite of managed security services, providing you with 24/7/365 management and monitoring of your security systems. Our globally available services are managed by a recognized team of experts, bringing years of experience into the equation when delivering secure solutions to your business. A steadfast firewall is one of the key elements of your network's infrastructure. Without a secure firewall, hackers can easily infiltrate your most critical data. MACCIUS' managed security services shield you from the volume of sophisticated threats that are growing at an alarming rate. Managed Firewall MACCIUS will implement and cost–effectively manage a best–of–breed firewall system on your premises, at a MACCIUS data center or at a third party location of your choice. We provide two options for a complete firewall management and monitoring solution: Managed Firewall Services include MACCIUS–provided hardware, software licenses, maintenance, monitoring and management by our team of reliable security experts. Firewall Care Services extend the same monitoring and management to the firewall hardware and software owned by you. Benefits of MACCIUS Firewall Management: MACCIUS constantly monitors firewall health, responds to automated alerts and potential problems in minutes, and resolves most issues without the need to contact customer personnel. Reporting allows you to know where your threats originate and better address any vulnerability. ... Get more on HelpWriting.net ...
  • 31. The Case of the Omniscient Organization Case Analysis: The Case of the Omniscient Organization Introduction In this case study, Dominion–Swann (DS) has implemented a "radical restructuring of the work environment" in order to regain control of its employees. By 1990, DS had been suffering from a number of business woes. It was not keeping pace with its competition, employee turnover had increased substantially, health costs and work–related accidents were rising, and employee theft was at an all–time high. Instead of identifying and addressing the underlying business and management problems, DS decided to treat the symptoms by turning to SciexPlan Inc. to help radically restructure the work environment through the use of employee monitoring technology. Background ... Show more content on Helpwriting.net ... Off–duty conduct may be relevant to employment if the misconduct negatively impacts the employee 's work performance or the company 's mission. However, the systematic monitoring employed by DS raises serious privacy concerns. Monitoring all employees' activities, rather than just the activities of employees under suspicion of specific misconduct, constitutes a blanket search that brings enormous privacy concerns. Recommendations DS would be better off with no employee monitoring rather than scrutinizing its employees ' every move. Once the employee monitoring creates a morale problem, all of the value it has created will be diminished. If DS is to continue with employee monitoring systems, it must create and clearly communicate a monitoring policy for employees. DS needs to start with human–oriented policies, then use technology to enforce them. As it stands right now, DS is exerting too much power in its invasion of employee privacy in the workplace. DS is exploiting the lack of regulation in this area in order to implement extremely invasive methods of employee surveillance. Until employees are protected by regulation to protect their rights to privacy in the workplace, DS should assume responsibility to self regulate by limiting the amount of surveillance, implementing it only when it achieves specific goals for success. Monitoring should be ... Get more on HelpWriting.net ...
  • 32. Big Brother Is Legally Watching: an Insight Into Workplace... Big Brother Is Legally Watching: An Insight Into Workplace Surveilance Abstract The paper is a brief insight into electronic surveillance in the workplace. It focuses on what video surveillance is; and what methods are used, such as monitoring phone usage, video surveillance, monitoring email, internet usage, GPS surveillance of company vehicles and cell phones; and why these methods are adopted within the workplace. It also focuses on the legal risk of electronic surveillance with the concerns of invasion of privacy and its effect on the of workplace protocol and guidelines. Big Brother Is Legally Watching: An insight in to Workplace Surveillance The development of technology has completely changed the manner in which ... Show more content on Helpwriting.net ... Almost fifteen percent of employers admitted to videotaping employee job performance and 35.3 percent to videotaping for security purposes (Barrett, 2008). Wachovia has bought various tools to monitor and document employee behavior and to spot and evaluate any criminal activity (Wolfe, 2008). Hannaford Bros. and Pathmark are using intelligent systems that interpret video images to identify employee theft and shoplifting (Garry, 2008). At many major casinos, trained security professionals are stationed in a video surveillance room closely observing the activity at the high–stakes gaming tables for hints of fraudulent behavior that would put the casino at risk. Mobile phones are also frequently used to gather location data. The geographical location of a mobile phone and the person carrying it can be determined through the GPS located whether it is being used or not. This is done through a technique known as mutilateration. Mutilateration calculates the differences in time for a signal to travel from the cell phone to each cell towers near the owner of the phone (Surveillance: Technology and Law, 2008). Businesses monitor data and traffic on the internet through computer surveillance. Another form of surveillance that is on the rise is monitoring social networks through social networking sites such as Facebook, MySpace, Twitter as well as from traffic analysis ... Get more on HelpWriting.net ...
  • 33. Should Privacy Be Careful Of Who Is Watching Privacy? Essay Be Careful of who is Watching Privacy Issues in Employment Monitoring Employee monitoring has been on the rise since the boost for technology in the business world. Different Organizations engage in monitoring of employee's to track performance and to avoid legal liability, protect business secrets and to address other concerns such as security. Certain monitoring practices are not upheld by employees because of the downfall it has on their satisfaction of privacy. Employers typically must not show some of their private monitoring duties while in the workplace, but how much monitoring they can do can become a huge issue when it's invading natural privacy rights. There is a debate raging on whether it is moral, ethical and legal for employers to monitor the actions of their employees. Employer's believe that monitoring is a sure thing because it encourages positive behavior and discourage illicit activity and to limit liability. Although, with this problem of monitoring of employees, many are experiencing a negative effect on emotional and physical stress including fatigue and lack of motivation within the workplace. Employers might choose to monitor employee's activities using surveillance cameras, or may wish to record employee's activities while using company owned computers or telephones. Courts are finding that disputes between workplace privacy and freedom are being complicated with the forward move in advance technology as traditional rules that govern areas of ... Get more on HelpWriting.net ...
  • 34. Social Media Has Made Great Headways In the years that followed the dot com bubble, social media has made great headways in the way internet users connect with one another. With advances in the way communication channels have opened up, majority of companies did not immediately join the social media revolution. Instead they took to the sidelines, observing the actions of interactions rather than taking part in the development and monitoring of these operations. This could have been attributed to the unclear understanding of how social media could be beneficial in the long run. Unlike traditional media, such as broadcasting centers, and other media outlets, social media allows for a two–way interactive experience to solve problems that could arise in the operation of businesses. Even with the establishment of such current pathways of communication, there is a downside to social media that argues for the privacy, security and the protection of intellectual property. Social networking sites encourage businesses to change their traditional marketing strategies and focus on talking with –– not at –– prospects and clients, with the goal of developing and "deepening the relationship" between the company and customer. But what's the business benefit of that deepened relationship? When prospects grow to "know, like, and trust" a company, through interacting with their representatives on social networking sites, they are much more likely to do business with that company. In an article by J.D Lasica and Kim Bale from ... Get more on HelpWriting.net ...
  • 35. Internal Auditing notes ACC621 Midterm review Internal auditing is an independent objective assurance and consulting acitivity designed to add value and improve an organizations operations. Adding value is provided by improving opportunities to achieve organizational objectives identifying operational improvement reducing risk through exposure through both assurance and consulting. Auditing has its key components – accomplish objectives –evaluate and improve effectiveness of risk management –assurance and consulting activity designed to add value improve operations –independence and objectivitiy –systematic and disciplined approach. Strategic objectives– pertain to value creation management makes on behalf of shareholders. Longterm strategies look ... Show more content on Helpwriting.net ... It helps an organization accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk management control, and governance processes. Code of ethics promotes the ethical culture in an internal audit profession. Principles and rules of conduct Principles– Integrity, Objectivity, Confidentiality, and compentency. international standards – Meant to be conducted in a diverse legal and cultural environment within the organization– to adhere to basic principles, promote value adding and improve orgnizational processes and operations, 3 standards Attribute standards– attributes of organization Performance standards– providing quality criteria measuring performance Implementation standards– expan on attribute and peformance stnadards Assurance– deals wth objective examination of independent assessment on governance risk management and so forth. Checking to see if everything is going well within the company. Consulting– Advisory and add value and improve organization 's governance, risk management and control processes. 3 pillars of effective internal audit services– independence and objectivitiy, proficiency, and due professional care. Conflict of interest– any relationship, that is not in the best interest of the organization. Standards– extent of work needed, rfelative complexity materiality, effectiveness of governance, probability of significant erros, and
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  • 37. System Security Monitoring System Security Monitoring UOPX CMGT/442 November 5, 2012 Henry Rivera Jr. Every organization has risks and it is extremely critical for them to identify what these risks are and to mitigate and avoid further damages in case of disastrous events. These disastrous events can be prevented by designing and implementing a robust security monitoring system and utilizing industry proven practices and activities. Information Security refers to safety of information in terms of confidentiality, integrity, availability, and non–repudiation (Byrnes & Proctor, 2002). This document will provide a clear definition about the security monitoring activities that should be designed and conducted in an organization that has both internal and ... Show more content on Helpwriting.net ... The state monitoring can cover the analysis of security policies, access controls put in place, password requirements, network security controls, permissions, viruses, and inappropriate files such as unnecessary image, music, videos, and other multimedia files. The system must also be able to examine any workstation's current installed applications and determine whether or not updated versions exist. Any unnecessary or redundant data from the logs must be extracted out as well. Security monitoring does not just stop at the monitoring level. The security system must be able to protect the data collected from the security monitoring system itself. Any vulnerabilities and holes will leave the security monitoring system ineffective and render it useless, especially in cases of modification and tampering. Tampered data will never result to meaningful conclusions. Activity data must be confidential and regarded as sensitive. The system must be able to compare negative and positive data and figure out which priority levels are given to each data and event. Another important aspect is that the security monitoring systems and activities do not hinder or get in the way of the business operations (Fry, & Nystrom, 2009). In an event of intrusion or security disaster, a security audit must be put into action immediately to avoid further damages. The first thing to conduct is to confirm that a security breach or ... Get more on HelpWriting.net ...
  • 38. The Impact Of Privacy On The Workplace Field Of Human... Employee privacy issues have surged to the forefront of the business press in recent years, spurred on by changing workplace dynamics and a litigation–conscious business environment. Observers say that advances in telecommunications–such as e–mail and the Internet–coupled with heightened concerns about vulnerability to litigation, have exacerbated management concerns about monitoring employee behavior. Indeed, employee privacy is already fairly restricted in many respects in many of the large corporations. Privacy in the workplace is a controversial issue in the field of Human Resource management as employers have more technologies available to monitor telephones, computer terminals, and voice mail. This privacy issue has been fueled by the increased use of a variety of electronic monitoring systems. Electronic monitoring is defined as "the computerized collection, storage, analysis, and reporting of information about employees ' productive activities" (Office of Technology Assessment, 1987, p. 27). "Currently, as many as 26 million workers in the United States are monitored in their jobs, and this number will increase as computers are used more and more within companies and as the cost of these monitoring systems goes down" (DeTienne, 1993, p. 33). Of those monitored, 10 million have their work evaluated and pay based on the data collected (DeTienne, 1993). "By the end of the decade, as many as 30 million people may be constantly monitored in their jobs" (DeTienne, 1993, p. ... Get more on HelpWriting.net ...
  • 39. Describe The Elements Of An Effective AML/CFT Culture There are several elements of an effective AML/CFT culture, taking each one in turn; Tone at the Top Involvement by senior management in understanding and overseeing the AML/CTF compliance activity and, in addition ensuring senior management receive appropriate training. Performance criteria and measures are also required, not only at senior levels but throughout the organisation. Responsibility for oversight must be at the highest levels and where AML/CTF breaches do occur, claw–back provisions should be implemented. There should also be clear mechanisms for in place for reporting and reviewing any compliance issues throughout the organisation which ensures the independence of the compliance team. Tone at the top should be of interest not ... Show more content on Helpwriting.net ... Some examples of risk management include; Risk assess the business, ensuring coverage of key areas such as customers, products , services, channels, countries , new products , and technology. Risk assessment of the customer risks considering for example politically exposed persons, transaction sizes, sanctions and countries involved. On conclusion of the risk assessments, the AML/CFT framework is implemented consisting of the approaches to customer due diligence (standard or enhanced or simplified), transaction monitoring rules and implementation, monitoring unusual activity and reporting. Effective Detection and Reporting Effective transaction and monitoring and detection systems should be in place to capture potential illicit activity. There should also be trained and skilled staff deployed not only to maintaining the systems but to also investigate activity. Of course, the size and complexity of such systems will depend on the size and risk profile, senior management need to ensure suspicious activity reporting policies are clear, precise and discretion levels are ... Get more on HelpWriting.net ...
  • 40. Privacy in the Workplace Explain where an employee can reasonably expect to have privacy in the workplace. Privacy in the workplace is very hard to get. Advancements in technology have been made that allow companies to monitor every aspect of an employee use of their systems. This is very evident if you have a job that involves you to be on the telephones. Companies are able to listen to each phone that is made, see every website that you have visited and read any email you have received. For example, I used to work at AMEX call center, and they were able to monitor each call through a system called N.I.C.E.. Through this system the company was able to monitor my calls for quality control reasons. However, if I made a phone call for personal reasons they ... Show more content on Helpwriting.net ... Electronic surveillance is almost a way of life in the United States. Everything from law enforcement, military, government, banks, parking facilities and etc use electronic surveillance. It is usually put into place to enhance the security for people and property, detect wrongful or lawful activities or the interception of information that if let out to the public could be harmful and embarrassing to the company. The only place within a company that I know of that you can't have surveillance is in the restrooms. So, I think that Herman's use of surveillance is sufficient. In business you have to keep your competitive advantage and if an insider who knows your business workings lets it out, that business could quickly be at a disadvantage. Explain to what extent an employer can engage in electronic surveillance of employees. An employer can engage in surveillance of employees at almost any extent possible. As I mentioned earlier an employer surveillance can include keystroke monitoring, reviewing emails, reviewing instant messages, monitoring of conversations, monitoring time spent on the phones as well as the numbers called, video surveillance, drug testing and satellite technology to monitor use of company cars, and cell phones. As long as an employee is using their networks and their systems, cars, cell phones and credit cards, the company can monitor you. Explain to what extent the ... Get more on HelpWriting.net ...
  • 41. Unit 1 the Business Environment P5 Unit 1 Exploring Business Activity Assignment 3 P5 In this essay I will be describing how three external factors are impacting upon the business activities and stakeholders of John Lewis and Oxfam. The first of the three external factors I have chosen is the credit crunch. The credit crunch is a decline in the availability of loans or a tightening of conditions required to take out a loan from banks. It also means that there are reductions on the interest rates set up by banks for saving. Credit crunches are normally caused by a period of careless and risky lending to people who don't necessarily fit the exact requirements, these careless decisions lead to no return and leave the banks losing a lot of credit. Impact in ... Show more content on Helpwriting.net ... Impact in business activity John Lewis The entrance of new competitors for John Lewis puts a lot of pressure on them to keep original customers. They have to introduce ways of keeping them coming back to their store and not the new competitors who have just set up. They could do this by creating a club card which gains points for every purchase they use, the higher the purchase the more points they get to spend in store in return for products as a reward. If they do not come up with a decent strategy to keep customers coming back then they will more than likely loose many customers to their new competitor which could prove fatal to the financial statement figures. There is also an increased pressure to just reduce prices for a set period in order to calm the hype of a new store being opened in the area. More advertising will also have to be done to compete and to try and fade the other store out of the market. Oxfam Although you wouldn't expect charities to have competition, they do. A new competitor for Oxfam would result in fewer donations as the new charity will without doubt have marketing strategies to persuade people to donate to them. The public cannot afford to donate to every charity out there therefore it increases pressure on Oxfam to make sure that they are the charity receiving the donations. In order to
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  • 43. Decade's New Technology In The Workplace WORKPLACE MONITERING SYSTEM During last decade's new technologies in the workplace have changed the way of mange the way of doing works. New technologies have increased the employer risks and improved employer tools that manage and address such misconduct. The improved tools and increased risks have resulted in the use of surveillance and monitoring. It increase the tension between employee privacy and management rights. Workplace monitoring is a way of keeping an eye on conditions and activities in a workplace such as health, security and business reasons. New technologies have changed the way we do and manage the things in work place during the last decades. Employers can use the information that they collected in a variety of ways and technology allows employers to monitor many aspects of their employee's workplace activities. Monitoring sometimes violate the employees' privacy rights, so many types of monitoring are allowed under the law. Sometimes technologies have increased employer risks beyond the production and cost benefits. ... Show more content on Helpwriting.net ... Employers are able to keep an eye on several aspects the employees. These monitoring is normally unregulated. Because of that there are company's employee monitoring privacy policies. Suitable technology help the employers to get insight into employee behavior depending upon the "digital footsteps". Those behavioral modeling technology can bring together all electronic records to know about the behavioral patterns of each of the employee. By monitoring the employees' activities the employers can protect trade secrets. It is the most important element of any business. Monitoring the electronic communication of the employees is the best way which employers can ensure that their business secrets do not escape to ... Get more on HelpWriting.net ...
  • 44. Essay On The Use Of Monitoring Techniques Used In The... Khanh Huynh Marcia Leath ENGL 735 16/10/2017 The Use of Monitoring Devices at the Workplace For the past decade, many companies have changed their way of using modern technologies. Therefore, it has resulted in newer strategies to manage employees at the workplace. The increased usage of surveillance and monitoring have caused concerns for both employees and employers. These technologies should not be allowed at the workplace because it can create poor working environment and violates ... Show more content on Helpwriting.net ... Personal information and important data like bank accounts and e–mails are vulnerable with monitoring devices placed everywhere. Another reason is the stress monitoring employees in the workplace can cause. More than 12 million people are monitored by electronic surveillance at work causing a sharp rise in stress levels, according to a survey by the Policy Studies Institute (PSI). Moreover, overly intrusive monitoring could decrease productivity and potentially cause exhaustion and feelings of anxiety. The Security Director's Report adds that surveillance can undermine morale and cause employees to resent management. It can foster discord and instead of bridging the existing gaps between management and their employees, surveillance activities may bring in more skepticisms and gaps. But some people argue that putting such devices in offices will increase the performance of employees. For example, employees can be distracted by websites that are non–work related. According to a Nielson Media Research study, employees allegedly logged into outlets such as gaming websites and social media networks like Facebook or Twitter. Any kind of viruses or malware could severely disrupt a business's day –to–day activities; this could become detrimental to productivity and have a knock–on effect on profits. By monitoring employee internet use and ensuring only business surfing is carried out this ... Get more on HelpWriting.net ...