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Business Essay

Work experience
Communication skills are one of the most important factors within any organization because it is only through communications that one’s ideas and thoughts can be shared and passed on to others. When a work has to be done by others, it needs to be communicated properly such that the work is implemented correctly. Also relationships are improved if communications between different members are satisfying (Cheema, 2009, p. My work experience at Newlook has also enabled me to improve my
Pages: 4 (1000 words), Essay
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Week 3 participation and discussion questions
There things that could be done to improve the efficiency of the SOX law. Currently it is costing public companies over $1 million for compliance costs. The Sarbanes Oxley Act should be revised to eliminate the waste or inefficient processes that are causing compliance cost to escalate in the United States of America. Agency problems were reduced in companies that are complying in the Sarbanes Oxley Act of 2002.I agree with you to a certain extend that the use of cameras can be perceived as a
Pages: 5 (1250 words), Essay
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Week 4 discussion and participation questions
If I am not mistaken the maximum penalty is 20 years of prison. Accountants as well as managers are liable if the financial statements are full of fraud. During the past decade the most impacting and game changing law that was passed in the accounting and financial world is the Sarbanes-Oxley Act. Despite the high cost of implementation I feel SOX is a complete success.I agree with you that one of the inherent flaws of internal control systems is the human factors. The story you mentioned is a
Pages: 4 (1000 words), Essay
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Week 6 discussion and participation
If a company has weak internal controls the auditors have to pay closer attention to the inventory cycle to rule out the potential of fraudulent activity.In my response to this question I also argued that designing tests of inventory balance was the most crucial phase of the audit inventory cycle. I did not know about the existence of SAS 1. It makes a lot of sense to me that auditors should be present during the physical inventory count to ensure that the procedures that the company is
Pages: 4 (1000 words), Essay
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Week 5 Case Theme Paper
It may be an organization, a group, or a company, that will decide on the presiding body that will decide and implement such ethical conduct. This is important to note since different job descriptions have different prescribed code of ethics but nonetheless the underlying principle still remains to promote doing what is right and fair in order to create a climate conducive to working and progress of healthy working environment. This also fosters the common interest of everyone in the
Pages: 8 (2000 words), Essay
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What is the social responsibility of corporate management
Then these enterprises donate a portion of earnings to philanthropic courses. It is described as staining the act of the organization to obtain any advantage from the generosity.Conversely, there is also the standpoint of operating the principal business in a socially accountable manner, complemented by venture in societies for concrete, commerce case reasons. This standpoint is sustainable since the social accountability becomes a central part of the capital creation procedure which if
Pages: 9 (2250 words), Essay
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WEEK 5 DISCUSSION PART 1
According to Stefanacci (2010), Medicare fraud is a major problem that affects the US economy. Stefanacci explores the issue from a problem-solution perspective. His analysis considers medical fraud as a problem that requires immediate intervention or solution. The study provides statistic about the immense of Medicare fraud in the US. In addition, the study provides quality examples of the impacts of Medicare fraud on the country’s economy. The approach taken by the author is essential in
Pages: 4 (1000 words), Essay
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What is globalisation Is it always a good thing
A major outcome of globalization is the growing inter-dependence of economies. For instance, most countries in the world depend on each other for macroeconomic health, and economies of newly industrializing countries are growing faster than rich developed nations and they are winning an increasing share of world trade (Stiglitz 2003, p.In 2000, the IMF; International Monetary Fund named four primary aspects of globalization; investment and capital movements, transactions and trade,
Pages: 6 (1500 words), Essay
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What is CSR (Corporate Social Responsibility) To what is there a business case for CSR
Furthermore, organisations and companies can distinguish themselves from other entities by employing the device of corporate social responsibility. With regard to this device it is essential to realise that compliance is voluntary, as there is no legislative imperative. The ethics codes, statements or policies relating to the responsibilities of a company declare whether it adheres to the principles of corporate social responsibility (Kornfeldová, 2011, p.As these documents are displayed on
Pages: 8 (2000 words), Essay
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Why is consumption an environmental issue Critically evaluate the role of key stakeholders in the UK in the policy debate around consumption
Are still instances where proper recycling of used and dirty water is not carried out well and may leak over to the main water sources (Sharma and Kaur, 1994). It is estimated that an average household in the United Kingdom uses up to 1000 gallons of water in a day. Some areas in the UK consume so much water to the point that other places in the UK experience water shortages, the higher the consumption in one area the less it may be for the others because they may have limited access to
Pages: 7 (1750 words), Essay
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What is extreme poverty To what degree would you describe meeting Goal 1 Target 1 of the Millennium Development Goal as a success
In 2008 it was then updated to $ 1.25 per day. In 1990 the number of people living in extreme poverty was estimated at 1. According to World Bank the percentage of people living in extreme poverty globally will fall to no more than 3 percent by 2030 (United Nations, 2010, p. In 1980s it was common for the nations to use their general economic surveys and national income accounting for identifying a poverty line (Rogers, Jalal and Boyd, 2008, p. But a group of economist at the World Bank in the
Pages: 8 (2000 words), Essay
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What I have learnt this semester
This really helped in motivating one of my group members called JP.Following the motivation, JP resolved to do the financial part of the business plan for brewery restaurant. This proved quite effective following the bad history that JP has always had with strategic management class. However, it is prudent to note that motivation may seem simple, but it highly affects the team performance to achieve success (Guffey and Almonte, 2009). For instance, let us base the focus on the case of JP, one
Pages: 4 (1000 words), Essay
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What is the danger in oversimplifying the globalisation approach Would you agree with the statement that if something is working in a big way in one market, you better assume it will work in all markets Discuss it in view of the concepts of global
This was the reason for which Levitt had propagated that there was no need for companies to customize products as per local customer preferences, given that world markets are heading to a convergence in the tastes. This is also economical from point of view of the company as production of standardized products lowers cost of production. Levitt had supported his view by highlighting empirical evidence from Coca-Cola, Pepsi and McDonald’s to prove his standpoint. Globalization as a marketing
Pages: 12 (3000 words), Essay
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Which set of factors has been more important in driving globalisation in the last fifty years, technology or international trade liberalisation agreements
Are successful as they decided to take active part in globalization, facilitating them to draw the huge volume of foreign direct investment within developing nations. This stands true for China as well as for India because they adopted international trade liberalization along with other market related modifications, and also for higher income nations in Asia (Bernard et al, 2011, p. 88)), for instance, Singapore and Korea.However, advancement has not been fast for a number of other nations,
Pages: 10 (2500 words), Essay
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Women in business: case study 01211
The framework of 3Ms i. ‘management, money, and market’ are required for the entrepreneurs in order to launch as well as grow ventures. Further, this framework is extended into 5Ms i. ‘‘macro and meso environment’ and ‘motherhood’’ is added to the existing framework to aid the learning of the women’s entrepreneurship (Bates Jackson, and Johnson, 2007).The main purpose of this paper is to present a critical analysis on the life stories of women entrepreneur by illustrating
Pages: 14 (3500 words), Essay
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With the issue of Europe very much in focus in this general election year, discuss and debate some of the arguments for and against the UK remaining within the European Union
Though both of these countries are operating in a single market, they are not bounded by the laws of European Union in terms of agriculture, justice and home affairs. He has also argued that the UK should have the freedom to make their own trade decision as it will help them to enhance their relationship with other economically advanced countries across the globe (Thillaye, 2014).The arguments of the supporters of this separation have suggested that the UK should be freed from the restricting
Pages: 10 (2500 words), Essay
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Will upload documents about the topic
At the present time, Multinationals have become an integral part of life. Today, a local citizen can drive a BMW or Toyota. He can work at the IBM office while staying in his own country, eat at McDonalds, use an Apple cell phone, etc. All of these luxuries and facilities have been possible due to the existence of Multinationals Enterprises. It is due to these Multinational outlets that citizen of one country can choose to purchase the product of any brand from another country.Dunning in the
Pages: 9 (2250 words), Essay
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Working with Leading People
There are regulations associated with the employment agencies that define the role and responsibility of the employers and employees (Cipd, 2014). The recruitment manager have to comply with the rules and regulations that is associated with employing whether fulltime or a part time employees in the organization.The selection process adopted in recruiting the new business tutor involves short listing the applications. The recruitment manager of the concerned organization has shortlisted 20
Pages: 13 (3250 words), Essay
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Weekly reflection
The modules sourced from MyBecket also proved to be high importance in understanding the subject.Business can be described as a way of dealing with scarcity. Given the fact that scarcity is a common problem, societies have to find ways through which they can deal with the problem. Business as a process involves inputs being transformed into outputs that are capable of satisfying the wants and needs of consumers. Inputs include things such as land, labour, materials, technology, finance,
Pages: 11 (2750 words), Essay
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Walmart Foreign Expansion CASE STUDY
Government regulations resulted in difficulties for external corporations to establish their operations in Japan, this led to the absence of Foreign Direct Investment (FDI).Walmart could translate its merchandising strategy wholesale to another country and succeed since the strategy results in low prices to their clients and improved efficiency of operations. The strategy ensures that the corporation interacts with the locals by the native distributors that enable them to understand the
Pages: 4 (1000 words), Essay
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