Against Tobacco Essay - 1542 Words

Against Tobacco â€Å"How-To† suicide kits are readily available all across the country. They are inexpensive and easy to purchase at the young age of eighteen! Sounds ridiculous, right? Maybe. Maybe not. I am referring to tobacco products. They are among some of the top selling products in our country, and a large contributor to our cancer epidemic. Disturbingly enough, the government does nothing to prevent it! Tobacco products have been scientifically linked to cause life-threatening illnesses for their users and anyone around them. Studies show the large impact that these products†¦show more content†¦When the filters are so carelessly thrown out of the car, or tossed on the corner of a sidewalk, the chemicals from these non-biodegradable butts absorb into the ground. Giovanni Invernizzi, of the Tobacco Cont rol Unit of Italys National Cancer Institute, put forth a study to see just how much air pollution is produced from tobacco. The results were unbelievable! According to the study, just three cigarettes can cause more air pollution than the exhaust from a diesel car! The study compared levels of air pollution particles produced by cigarettes with those coming from a late-model eco-diesel engine. Microscopic particles in the air, known as fine particulate matter, measure less than 2.5 micrometers in diameter, around the same measurements of smoke particles from cigarettes. The study showed that the particles from the cigarettes produced up to ten times the amount of particle pollution as the automobile (Smoking- Air Pollution). Tobacco is already widely known for its possible health risks, but its newly found factor in air pollution has come as a shock to all. Even health personnel are often unaware of such risks, Giovanni Invernizzi stated. Commonly referred to as â€Å"cancer sticks† or â€Å"death dipping†, tobacco products can definitely be associated closely with harmfulShow MoreRelatedEssay on Lawsuits Against Big TobaccoÂ… Justified or Not?1991 Words   |  8 PagesAbstract Since the first major lawsuit settled against tobacco companies in 1998, there has been much controversy over whether or not these lawsuits are justified. On the pro side of the argument there is much evidence to support that the tobacco industries have long known about the dangers of cigarette smoking. Furthermore that this knowledge warrants the need for compensation. In addition the industry has concealed this knowledge from the public. On the con side of the argument evidence showsRead MoreThe Feasibility of Dried Tobacco Leaves as a Pesticide Against Cockroaches1510 Words   |  7 PagesTHE FEASIBILITY OF DRIED TOBACCO LEAVES AS A PESTICIDE AGAINST COCKROACHESChapter I Abstract Tobacco plants  nowadays are very much needed and demanded by most of our dear consumers especially farmer and now that we are facing an intense economic crisis, and with that mere situation, the primary necessities which are very much needed by man in order for him to survive his daily living are now of higher prices compared to the last couple of years and that includes the demanding need and use of theRead MoreThe Argument Against Ban On Tobacco Related Advertising850 Words   |  4 PagesWRITTEN ASSIGNMENT: UNIT 4 – ETHICS CASE STUDY The arguments in favor of the ban on tobacco related advertising in India are plentiful. First, proponents of the ban assert that the state has the right to intervene in the name of public health. Second, there are other precedents for dangerous or potentially dangerous products’ advertising being restricted such as firearms or pharmaceuticals. Third, tobacco related deaths are projected to increase over the next few years and we need to take actionRead MoreThe Cipollone Vs. Liggett Group, Inc. Case Against Three Tobacco Companies749 Words   |  3 Pages- Introduction thesis In the Cipollone vs. Liggett Group, Inc. court case against three tobacco companies, Antonio Cipollone, a husband sued three tobacco companies for the death of his wife, Rose Cipollone, due to lung cancer. Mr. Cipollone claims that the tobacco companies had failed to inform his wife of the risks that came with smoking. The jury agreed that the tobacco companies had failed to warn smokers of the dangers prior to 1966. â€Å"The jury also found that Mrs. Cipollone had voluntarilyRead MoreBan The Tobacco Industry From Advertising812 Words   |  4 Pagesban the tobacco industry from advertising. These countries decided it was ethically in their best interest to establish these laws in attempts to curtail the youth from smoking, and to slow down the growing health crisis. Protecting the well-being of their citizens was their responsibility; that was the rationale that were explained to these citizens. Arguments have been made on each side of the spectrum if these bans are viable to the stated purpose. India is very popular for tobacco productionRead MoreEssay Ethical Issuses of Tobacco Companies in The Insider724 Words   |  3 Pagespsychological health and the alleged methods that the tobacco company would resort to in order to safe guard itself from litigation and from disclosing information that will adversely affect the sale of its sole money making product yet is ultimately crucial to its customers understanding of the contents of the product that they are purchasing and its implications on their personal health. There are several ethical philosophies in play here regarding the tobacco company and these ethical issues can be exploredRead MoreSecrets Of The Tobacco Industry884 Words   |  4 PagesSecrets of the Tobacco Industry In Vanguard’s documentary, Sex, Lies, and Cigarettes: Secrets of the Tobacco Industry by director, Alex Simmons, Vanguard sends correspondent, Christof Putzel to Jakarta, Indonesia to investigate the tobacco industry there. The documentary talks about how America no longer allows cigarette and tobacco ads and commercials, instead the country focuses scare tactic ads that stop people from smoking or keeps them from starting. The tobacco industry is losing millions ofRead MoreFast Food Industry in U.S1040 Words   |  5 Pagesconcerned with tobacco either on a personal level or commercially. Tobacco is associated with damages and thus it has been attacked by medical authorities and social observers. The fast food industry is no exception since it has also contributed to different damages to people’s health. Obesity is just one of the many ailments caused by fast food joints. FDA has made sure that regulations are set and implemented to protect people from damages that tobacco cause. FDA and Tobacco Regulation haveRead MoreGlobalization And The Global Tobacco Industry1634 Words   |  7 PagesAuthor Peter Benson’s ethnography Tobacco Capitalism: Growers, Migrant Workers, and the Changing Face of a Global Industry, provides and extensive examination into the lives of tobacco famers residing in North Carolina and the global tobacco industry as it undergoes profound changes though facets such as globalization, industrialization, the anti-tobacco movement, and debates over immigration. The seventh most valuable agricultural commodity in the United States; tobacco is a $1.5 billion dollar industryRead MoreSmoking Should be Banned in Public Places Essays1464 Words   |  6 Pagesthe dangers of smoking. The government needs to ban smoking in public places to include bars and restaurants nationwide because smoking bans do not hurt business, second hand smoke is harmful and people have the freedom of choice. Those who are against a nationwide ban on smoking in bars and restaurants point to personal choice, addiction, and profits as the reason to oppose any national effort. Some fear local bans will drive customers across borders or into neighboring communities. Others claim

Business strategy at ASDA Essay Online For Free - Free Essay Example

Sample details Pages: 8 Words: 2432 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Analytical essay Did you like this example? ASDA is the UKs second largest supermarket chain, holding a 17.2% market share in the UK over 2013/2014 (Kantar Worldpanel, 2014). It was purchased in 1999 and became a wholly-owned subsidiary of the US Public Limited Company, Walmart. In order to analyse the business environment, this essay will first consider the ASDA Groups internal environment, including their objectives, policies, organisational structure and reputation. Don’t waste time! Our writers will create an original "Business strategy at ASDA Essay Online For Free" essay for you Create order The second focus will be the external environment; first the range of competitors in the market, followed by a PESTLE (Political, Economic, Socio-cultural, Legal, Environmental/Ethical) analysis, to develop a holistic summary of the external environment. Where appropriate, several sections of the PESTLE analysis have been merged to create a more accurate summary of the external environment. Internal Objectives and Policies ASDAs primary operations consist of retail of food, apparel, general merchandise and other services (ASDA Group Ltd, 2013). Their strategic objectives are to provide high quality products, exceed consumer desires and reduce costs (ASDA Group Ltd, 2010; ASDA Group Ltd, 2013). They have an additional series of sustainability objectives designed to reduce environmental impact and reduce operating costs simultaneously. Walmart, ASDAs ultimate parent company, are focused on the opportunities provided by the e-commerce market (Walmart, 2014). To that end, ASDA provides both online shopping and delivery services and a Click and Collect programme, allowing customers to order products online for collection from a local ASDA branch (ASDA Group Ltd, 2013). ASDA have developed a growth strategy, combining expanding reach online and physically, with reduced operating costs overall. They have also identified the need for innovation and expansion into new product ranges, expanding their bra nd identity. As part of the Walmart group, they benefit from the research and development of other Walmart subsidiaries (ASDA Group Ltd, 2013; Walmart, 2014). In 2013, in the midst of the recession, ASDA continued to open 15 new stores and has opened more in 2014 (ASDA Group Ltd, 2013). Structure Walmart purchased ASDA in 1999, demonstrating a strategy of growth by acquisition. Following this, ASDA has used its core competencies of providing low-cost, good-quality products to gain market share and has become the second largest supermarket brand in the UK. As a subsidiary of Walmart, ASDA is provided with certain benefits. ASDA particularly benefits from the IT expertise from its parent company, in addition to benefitting from the research and development of other Walmart group members (ASDA Group Ltd, 2013). Walmart also benefits by adopting best practices developed by ASDA from their online grocery shopping service (Walmart, 2014). Members of the Walmart group are also able to take advantage of intercompany loans to provide internal financing opportunities. ASDA has over 500 locations in the UK, ranging from supercentres down to supermarkets. This range of shopping facilities is designed to meet customer needs at different levels (ASDA Group Ltd, 2010; Euromonitor In ternational, 2014). They have implemented a price guarantee, ensuring prices remain consistent across ASDA stores, regardless of their size; this is intended to challenge other brands with higher prices in smaller, local supermarket branches (ASDA Group Ltd, 2010). Reputation ASDA have also been able to leverage the reputation of their US parent company and were the first major UK retailer to introduce a Black Friday shopping event in 2013. This was repeated in 2014 by many retailers and drew many customers to take advantage of the low-cost goods. ASDAs reputation for low-cost, high-quality goods can also be leveraged in their growth strategy. Their efforts to reduce operating costs and subsequent price reductions for consumers is intended to be appealing to price-conscious consumers (ASDA Group Ltd, 2013). As detailed below, this is a growing attitude among the UK supermarket customer-base and provides a possible avenue for growth. External Competitors ASDA faces direct from ALDI and LIDL, two supermarket chains who share similar core competencies to ALDI, in that they offer low-cost, high-quality goods. Unlike ASDA, however, ALDI and LIDL offer a range of limited availability products, alongside their food retail. ASDA, by contrast, offers a wider range of general products, available via their online services and in their larger hypermarkets. ASDA is second of the UKs four largest supermarkets. Tesco holds the largest UK market share with 28.7%, and Sainsburys and Morrisons are next with 16.4% and 11.1% respectively (Kantar Worldpanel, 2014). ALDI and LIDL have grown significantly in recent years (Ruddick, 2014), it has been predicted that the profit margins of larger supermarkets, including ASDA, will have smaller profit margins in the short term (Beardsworth, 2014). Political, Legal, Environmental Ethical The House of Lords released a report in early 2014 challenging food waste in the EU and particularly in the UK (Harriet, 2014; House of Lords European Union Committee, 2014). In their report they argued that retailers, including supermarkets such as ASDA, bear significant responsibility for preventing food waste. Specifically, retailers have a responsibility to ensure that customers are aware of how to store food, ensure date labelling is appropriate, avoid cancellation of grown food orders after it has been produced (Harriet, 2014; House of Lords European Union Committee, 2014). Additionally, it explicitly stated: It is clear that retailers must assume a far greater responsibility for the prevention of food waste in the home. Retailers must ensure that incentives and promotions offered to consumers do not transfer waste from the store to the household. (House of Lords European Union Committee, 2014, p. 26). The House of Commons Business Select Committee also considered investig ating reports of supermarket aggression when dealing with suppliers, using their market power to demand prices that suppliers cannot sustain (Armitage, 2014). This was motivated by reports of behaviour from Tesco, a competitor of ASDA. ASDA submitted evidence to the House of Commons Environmental Audit Committee summarising their dedication to sustainability and positive mutually beneficial relations with suppliers in 2011 (House of Commons Environmental Audit Committee, 2012). Additionally, they have instituted a policy of minimising food waste by sending no food waste to landfill sites. Instead, food is either given to charities or converted into alternative products. Another source of difficulty is the Food Standards Agencys year-long survey on campylobacter contamination in supermarket chickens. This bacteria is the most common cause of food poisoning in the UK, however it can be killed via normal cooking processes as long as food is properly cooked. The interim finding s of this survey showed ASDA to have the highest rate of contamination of raw chicken products across UK supermarkets, above the industry average (Food Standards Agency, 2014) ASDA has agreed to install a new steam sterilisation technology to test the efficacy in reducing contamination. The press have publicised these contamination rates in a pejorative manner, with headlines such as Asda exposed as supermarket with dirtiest chicken (Hyde, 2014) and Supermarket chickens: 70% affected by food bug (BBC News, 2014). This, combined with the condemnation of consumer groups, including Which? (Which?, 2014), poses a significant threat to ASDAs reputation. This political environment could provide new difficulties for ASDA, with the need to introduce new decontamination facilities in their factories and the associated costs this entails. Additionally, the pejorative press response could have a severe impact on ASDAs reputation. The House of Lords Committees criticism of supermarket promotions and incentives could also impact ASDAs retail activities. If such promotions are legislated against, ASDA would be deprived of a major means of drawing price-conscious consumers. Economic Socio-Cultural In 2011 Mervyn King, Governor of the Bank of England, announced that the global financial crisis had significantly impacted standards of living and would continue to do so for the foreseeable future (Bank of England, 2011). 2014 was the first time in 5 years that average pay increased more than inflation, suggesting a possible upturn in the economy (Peston, 2014). This has led to a reduction in consumers disposable income and this in turn has impacted their spending habits in stores. ASDA has been aware of this and has taken efforts to reduce operating costs to offset inflationary pressures on prices (ASDA Group Ltd, 2013). Traditionally, supermarkets had a close link to cultural identity among UK shoppers, based on the British class system (Wallop, 2013). Supermarkets such as Waitrose and Marks Spencer were traditionally associated with upper-middle and upper class customers, while ASDA was traditionally seen as a working class supermarket (Jeffries, 2004). In recent years however, this sense of identity has been disrupted by a combination of the global recession, and the rise of the budget supermarkets ALDI and LIDL. Both brands have been widely accepted by the British middle class, and a wider cultural attitude of thrift and pride in finding savings and low-cost products has developed. In the 2014 Christmas season, Aldi and Lidl, the discount supermarket chains drew a significant portion of the market from other supermarket brands (Butler, 2014) indicating that consumer buying decisions are motivated by price over other socio-economic factors. This could explain ASDAs recent rise to the second largest market shareholder in Britain, due to its core competency in providing low-cost, good-quality products to customers. Where previously, consumers may have had a negative association with ASDAs emphasis on low-cost products, in the recession era, consumers are more concerned with product prices. Technological Walmart, ASDAs ultimate parent company, have noted the rising significance of e-commerce and have begun developing this across Walmart and its subsidiaries (Walmart, 2014). In the UK, there has been a particular focus on ASDAs Click Collect service (Walmart, 2014), through which customers order products online and can collect them from a local ASDA store, widening the range of products they can access. The strategy consultants, OCC, identified Click and Collect as the probable largest source of growth in e-commerce in 2015 (Felsted, 2014). ASDAs competitor, Tesco, offer a similar service, available in over 350 collection points (Felsted, 2014; Tesco, 2014). ASDA is well-suited for this focus on Click Collect and other e-commerce services; as a subsidiary of Walmart, they are provided with IT services from their parent company, giving them access to the resources of a larger firm, with a wide range of experience in e-commerce (ASDA Group Ltd, 2013). Summary Overall, ASDAs external environment is relatively troubled; UK standards of living were significantly reduced by the global economic crisis and only recently have signs indicated that this could improve. This has reduced the disposable income of ASDAs target markets. However, because of ASDAs focus on low-cost products, this could have actually benefitted ASDA, allowing them to become the second largest supermarket brand. The economic crisis has altered the UKs socio-cultural trends, encouraging a savings-focussed attitude, with customers altering their buying habits to pursue better deals. ASDA has also faced difficulties in its public reputation, particularly due to the Food Standards Agencys survey into campylobacter contamination in chicken. ASDAs chicken stocks and suppliers were found to have the worst contamination rates among supermarkets, above the industry average. This finding was well publicised in the press in late November and its full impact may not have been iden tified yet. ASDA have identified the difficult external environment of UK retail and have oriented their policies to suit the situation. They have endeavoured to gain price leadership, charging the same as or less than their competitors for many household products, in order to draw price-conscious customers. Additionally, they have taken efforts to minimise their own operating costs, using these savings to offset inflationary pressures and passing the savings on to consumers. ASDA have chosen to diversify their focus beyond store-based services. They have invested significantly into technological development, particularly with their Click and Collect service. External strategy consultants OCC have identified these services as having high growth potential in coming years. ASDA have chosen to capitalise on the troubled economic environment by reinforcing their core competency, providing customers with low-cost, good-quality goods, leveraging their reputation as a low-cost sup ermarket to take advantage of the low disposable income. They have also used this period to advance their technological development, with technical support from their parent company. References Armitage, J. (2014, September 25). MPs considering investigation of supermarkets dealings with suppliers in wake of Tesco crisis. Retrieved from The Independent: https://www.independent.co.uk/news/business/news/mps-considering-investigation-of-supermarkets-dealings-with-suppliers-in-wake-of-tesco-crisis-9755557.html ASDA Group Ltd. (2010). All About ASDA. Retrieved from ASDA Group Website: https://your.asda.com/system/dragonfly/production/2012/01/04/12_59_19_568_All_about_Asda.pdf ASDA Group Ltd. (2013, December 31). Report and Financial Statements. Retrieved from Companycheck: https://companycheck.co.uk/company/01396513/ASDA-GROUP-LIMITED Bank of England. (2011). Speech given by Mervyn King, Governor of the Bank of England at the Civic Centre, Newcastle. London: Bank of England. BBC News. (2014, November 27). Supermarket chickens: 70% affected by food bug. Retrieved from BBC News: https://www.bbc.co.uk/news/business-30227342 Beardsworth, T. (2014, October 17). Aldi and Lidl to Capture 10 Percent of U.K Grocery Market. Retrieved from Bloomberg: https://www.bloomberg.com/news/2014-10-17/aldi-and-lidl-to-capture-10-percent-of-u-k-grocery-market.html Butler, S. (2014, December 16). Merry Lidl Christmas for German discount supermarkets. Retrieved from The Guardian: https://www.theguardian.com/business/2014/dec/16/lidl-christmas-supermarkets-aldi-asda-tesco-morrisons-sainsburys Euromonitor International. (2014). Passport: ASDA Stores Ltd in Retailing (United Kingdom). Euromonitor International. Felsted, A. (2014, April 21). Click and collect poised to overtake home delivery. Retrieved from The Financial Times: https://www.ft.com/cms/s/0/3ac9e120-c653-11e3-ba0e-00144feabdc0.html#axzz3NNAjRRvL Food Standards Agency. (2014, November 27). Retail survey on levels of campylobacter in chicken published. Retrieved from The Food Standards Agency: https://www.food.gov.uk/news-updates/news/2014/13251/campylobacter-survey Harriet, D. (2014, April 6). MPs accuse supermarkets of morally repugnant food waste. Retrieved from The Telegraph: https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10748455/MPs-accuse-supermarkets-of-morally-repugnant-food-waste.html House of Commons Environmental Audit Committee. (2012, May 10). Written evidence submitted by ASDA. Retrieved from Parliament Publications and Records: https://www.publications.parliament.uk/pa/cm201012/cmselect/cmenvaud/879/879vw21.htm House of Lords European Union Committee. (2014). Counting the Cost of Food Waste: EU Food Waste Prevention. London: The Stationery Office Limited. Hyde, D. (2014, November 27). Asda exposed as supermarket with dirtiest chicken. Retrieved from The Telegraph: https://www.telegraph.co.uk/news/shopping-and-consumer-news/11257553/Asda-exposed-as-supermarket-with-dirtiest-chicken.html Jeffries, S. (2004, March 12). Im rich and Im living well. Shopping here is part of that. Retrieved from The Guardian: https://www.thegua rdian.com/lifeandstyle/2004/mar/12/foodanddrink.shopping Kantar Worldpanel. (2014, November). Market share of grocery stores in Great Britain, for the 12 weeks ending November 9, 2014. Retrieved from https://www.statista.com/statistics/279900/grocery-market-share-in-the-united-kingdom-uk/ Peston, R. (2014, November 12). End of UKs long living-standards squeeze? Retrieved from BBC News: https://www.bbc.co.uk/news/business-30019567 Ruddick, G. (2014, August 28). Lidl sales to reach ÂÂ £4bn as pressure on supermarkets grows. Retrieved from The Telegraph: https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11059821/Lidl-sales-to-reach-4bn-as-pressure-on-supermarkets-grows.html Tesco. (2014). Click Collect. Retrieved from Tesco: https://www.tesco.com/collect/ Wallop, H. (2013, January 18). How supermarkets prop up our class system. Retrieved from The Telegraph: https://www.telegraph.co.uk/foodanddrink/9808015/How-supermarkets-prop-up-our-class-system.h tml Walmart. (2014). Walmart 2014 Annual Report. Retrieved from Walmart Investor Relations: https://stock.walmart.com/annual-reports Which? (2014, November 27). Six in 10 consumers concerned at high levels of campylobacter in chicken. Retrieved from Which? Press Office: https://press.which.co.uk/whichpressreleases/six-in-10-consumers-concerned-at-high-levels-of-campylobacter-in-chicken/

Risk Management Success - 1448 Words

Risk Management Programs: Maintaining Success John Smith HLT-308V-O101 July 10th 2014 Prof. Morgan Risk Management Programs: Maintaining Success The paper is intended to inform the reader of the steps that a risk management program should take in order to ensure that safety and security are upheld. The security and protection of information is more difficult than ever before due to the expanse of technology that is used in the world. Information can be hacked in to and utilized for fraudulent purposes. Personal information of random populations is sought by convicted felons and illegal organizations for the purpose of identity theft and financial gain. The recent inception of identity theft pays tribute to the realization that†¦show more content†¦These are essential points for the team to integrate in to their checklist when organizing a hazardous waste protocol. Employee Training In order to improve the compliance of a protocol within a facility, it is important to provide proper education and information to the employees. Mandatory education is required by many healthcare facilities when new products or devices become available so that all staff members are prepared to utilize the equipment when necessary. In the case of preparing staff for the management of hazardous waste, it would be extremely important to plan mandatory educational in-services that are designed to inform the employees about the definitions of hazardous waste, the proper handling of the infectious materials, and provide them with a copy of the protocol set forth by the risk management team. Setting up these steps in employee training would be crucial for achieving compliance in a healthcare setting. Private Information Protection In this modern age, the use of technology has changed the way human beings carry out most of their daily lives. In healthcare, this is especially true. Patient information is no longer recorded with a pen and paper by a physician, and simply filed somewhere. The use of electronic medical records has shifted the way patient’s private health information is stored. This shift has put patient’s information at risk due to the possibility of glitches andShow MoreRelatedCritical Success Factors : Risk Management1439 Words   |  6 PagesThe success of any business or project is mostly determined by its Critical Success Factors. The business dictionary defines Critical Success Factors as a range between 3 to 8 items of characteristics, conditions, or variables that have direct and serious impact on the effectiveness, efficiency, and viability of an organization or project (critical success factors, Businessdictionary.com). Critical Success Factor s are distinctive to every project and therefore can be different, it is not a one sizeRead MorePurpose Of The Risk Management Plan Essay1253 Words   |  6 Pagesorganization is exposed to certain risks due to the nature of its activities and the environment in which it operates. The key to XYZ’s success is the effective management of risk to ensure its organizational objectives are achieved. 1.1 Purpose of the Risk Management Plan This Risk Management Plan defines how risks associated with the XYZ project will be analyzed and mitigated. The Project Manager working with the Project Team and Project Sponsors will ensure that risks are actively identified, analyzedRead MoreHow The Critical Success Factors1308 Words   |  6 PagesAnalyze how the Critical Success Factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis For any corporate risk management program, there are a number of aspects whose absence indicates an increased possibility of failure for the risk management program and whose existence significantly increases the chance for success of the program (Hillson and Simon, 2012). These factors, called Critical Success Factors (CSF), are comprised of the following: †¢ An organizationRead MoreRisk management for Supplier Global Expansion Plan1159 Words   |  5 PagesRISK MANAGEMENT ï ¿ ½ PAGE * MERGEFORMAT ï ¿ ½4ï ¿ ½ Running Head: RISK MANAGEMENT Risk Management for Supplier Global Expansion Project [STUDENT NAME] [INSTITUTION] [COURSE NAME] [DATE] ï ¿ ½ Risk Management for Supplier Global Expansion Project Risk or threat is common and found in various fields of daily life and business. This concept of risk is found in various stages of development and execution of a project. Risks in a project can mean there is a chance that the project will result in total failureRead MoreProject Risk Management Of Information Technology1492 Words   |  6 Pages PROJECT RISK MANAGEMENT IN INFORMATION TECHNOLOGY By POURUSPA ANKLESARIA 18154704 Executive Summary This report revolves around the risks in Information Systems Project and also gives a brief idea on Information technology project management. The project also shows and discusses the importance and the role of project manager in making the project a success. Risk and how to deal with it, risk management using Work Breakdown Structure Read MoreArticle Critique : Enterprise Risk Management960 Words   |  4 PagesArticle Critique: â€Å"Enterprise Risk Management in SMEs: Towards a Structural Model† Enterprise Risk Management (ERM), which addresses strategic, operations, reporting and compliance objectives, is a process designed to identify potential events that may affect the entity, and manage risk to be within the risk an organization is willing to take in order to achieve its strategic objectives (Gelinas, Dull, Wheeler, 2015). â€Å"Enterprise Risk Management in SMEs: Towards a Structural Model† by BrustbauerRead MoreAnalysis Of The Private Company For Sustainable Business Development Essay1553 Words   |  7 Pagesindulgence and success ventures, Siwa oasis has become, metaphorically, a place oozing with honey, with other Egyptian businesses, being like bees; metaphorically, wanting to jump in and get a taste of what Siwa has to offer. Siwa’s potential has now become its risk with the looming threat of environmental damage to the oasis, depletion of needed resources, Siwa traditions being pushed to modernize, and EQI’s stronghold on the Siwa busines s market. This document is a Risk Management Plan for EQI’sRead MoreThe Last Contributing Factor To The Success Of Car Insurance1346 Words   |  6 Pages The last contributing factor to the success of car insurance companies is their risk management in making investments. In fact, in 2012, insurance companies had $5.4 trillion in investment assets (Rocca). As previously stated, car insurance companies have only two sources of income: premiums generated by customers and the capital gain from investing those premiums (Hussain). In fact, without gains from investments, many car insurance companies would go out of business. Therefore, it is absolutelyRead MoreCommon Examples Of Hr Risks For A Firm ( Fig 2 )1001 Words   |  5 Pagesresources, IR and risk controls in South Africa. In his article he identify some common examples of HR risks for a firm (fig 2). To mitigate human resource risk Meyer’s method is to focus on development in Human Resources, this includes training, development and recruitment processes. Meyer’s solution all fall in the administration controls under the hierarch of controls framework. This is not di ssimilar to other HR literature, which focus on employee management as the key control for risk. But like anyRead MoreHuman Resource Management : The Goal Of Human Resources Management Plan752 Words   |  4 PagesHUMAN RESOURCE MANAGEMENT: The goal of human resource management is to help an organization meet its strategic goals by attracting, developing, and retaining employees and also by managing them effectively. Our aim is to achieve a fit between managing the Project s employees and the overall strategic direction of the project. In order to meet the effectiveness objective of management control, our human resource management plan will be formulated in such a way that it conforms to the organizational

Karl Marx And The Origins Of Capitalism - 1536 Words

Karl Marx associates the origins of capitalism mainly to the rising bourgeoisie class stealing massive amounts of land from literally everyone. He uses England as a prime example of this. As he so succinctly puts it: â€Å"The spoliation of the church s property, the fraudulent alienation of the State domains, the robbery of the common lands, the usurpation of feudal and clan property, and its transformation into modern private property under circumstances of reckless terrorism, were just so many idyllic methods of primitive accumulation.† (McIntosh: 81). All these factors, Marx argues, work to force farmers from their lands and into the cities. The exodus of farmers creates further division between the proletariat and bourgeoisie, provides an ample supply of cheap labor, and ultimately drives the engine of capitalism. Whereas Marx saw the Reformation as an excuse to seize church property, Max Weber saw the Reformation and Protestantism as the ideological frame through which c apitalism can flourish. Weber argues that Protestantism and its different branches (each adding their own spin on religious asceticism) is what lead to capitalism. However, he also makes it clear that it is not his aim to substitute a materialistic explanation (Marx) with a spiritualistic interpretation (McIntosh: 131). Rather, there exists a dialectical relationship between the two. First, let us look at what Marx proposes as the beginnings of capitalism. (A rather long and complex statement for theShow MoreRelatedCapitalism and Society1597 Words   |  7 PagesKarl Marx and Max Webber both many had many philosophies of the capitalism and its effects on society. Their ideas helped pave the way and expand on theories of previous sociologists. Both men have a deep insight of socioeconomic class in the origins and development of modern capitalism. This paper will analyze the impact of capitalism on society as perceived by both men and the areas in which they agreed, disagreed, and expanded on the ideas of the other. In many ways, the Weberian theory wasRead MoreMax Weber And Karl Marx On Modern Capitalism1510 Words   |  7 Pages Max Weber and Karl Marx on Modern Capitalism Anna Thor Sociology 475: Classical Sociological Theory Capitalism has continued to affect the way our society works as it is vital to our society. Two sociologists named Karl Marx and Max Weber have explained what they saw the historical emergence of modern capitalism. Both Karl Marx and Max Weber saw the significance of evolution of modern capitalism in the United States. Although both of the sociologists have differing views on how theyRead MoreKarl Marx s Influence On Society1149 Words   |  5 PagesKarl Marx emphasized conflict in the society due to consumerism, religion, intersectionality. He saw this conflict and determined that hidden structures can benefit him and others by using the term of ideology which can rely on true or false consciousness. Marx was a unique sociologist who expressed his own ideas in various ways. Applying to Marx’s Theory towards slavery, it showed how the society use to be and how it impacted the slaves to be part of their culture to manifest the society. Read MoreThe Radical Nature of Social Contract Theorists Essay1403 Words   |  6 Pagesunderstand the ties that bind man. Karl Marx, Charles Darwin, and Friedrich Nietzsche, each felt constrained by their times, and because of this introduced radical concepts surrounding the social contract. Each of the philosophers’ revolutionary concepts challenges power and even though their arguments differ dramatically Nietzsche can be viewed as the most radical of the three. Karl Marx is most often recognized as a radical who wanted to overthrow capitalism. Marx’s ideals came about at the startRead MoreThe Root Of Female Subjugation1258 Words   |  6 PagesMarlee Taylor Taylor1 02/26/15 ANT3302 SEC9618 Dr. Khadidja Arfi Paper One: Marx Engels Identifying the root of female subjugation in society is a conundrum that extends over numerous decades and on into present day, time and time again. Some scholars and feminists have frequently deemed the biological make-up of woman and their aptitude to reproduce the source of gender oppression. It seems the natural ability to give birth is often contended whether or not to be a restrictive factorRead MoreMarx, Nietzsche, And Marx : A Critical Analysis Of The Hermeneutics Of Criticity1268 Words   |  6 Pagesout less visible and less flattering truths.† This is exactly what Marx, Nietzsche, and Freud do as critics; they provide us with strategies of critical thinking that can be applied to complex subjects; they teach us to apply a critical eye to different aspects in society to uncover these â€Å"truths,† and then provide a solution to these â€Å"truths.† Marx, through historical materialism and dialectical materialism, observes how capitalism leads to â₠¬Å"commodity fetishism† that blinds us from seeing the trueRead MoreThe Major Classical Theorists Influenced The Economics Of A Nation And It Would Make The Nation Better1277 Words   |  6 PagesThree major classical theorists have attempted to interpret why societies change. They are Adam Smith, Max Weber, and Karl Marx (Franks, 35). These three have inspired a lot of people down the years. Adam Smith is known as the theoretical father of modern economics. In 1776, Smith argued that the â€Å"invisible hand† of the market would change the economics of a nation and it would make the nation better. In his invisible hand theory, he states that if one person strived to achieve success, then theRead MoreMarx Weber and Durkheim on Religion Essays1378 Words   |  6 Pagesin. All three main sociologist writers Karl Marx, Max Weber and Emile Durkheim offer different perspectives on religion and how important it is to society. Some of the theorists chose to have a positive v iew whilst others argue the unimportance of religion. This essay attempts to discover which theorist has the most accurate perspective of religion in modern times. This is done by firstly explaining the basic ideas regarding to religion put forward by Marx, Weber and Durkheim. Then both Marxs andRead MoreConflict Theory, Karl Marx, and the Communist Manifesto Essay1321 Words   |  6 PagesConflict Theory, Karl Marx, and The Communist Manifesto In order to understand Marx a few terms need to be defined. The first is Bourgeoisie; these are the Capitalists and they are the employers of wage laborers, and the owners of the means of production. The means of production includes the physical instruments of production such as the machines, and tools, as well as the methods of working (skills, division of labor). The Proletariat is the class of wage-laborers, they do not have their ownRead MoreEssay on Cultural Anthro - Karl Marx1293 Words   |  6 Pagescomponents of a class. According to Karl Marx, the middle class is an outgrowth of economic factors, primarily capitalism. Many people tend to disagree with Marx that capitalism is the only important factor in the outgrowth of the middle class. Judith R. Blau argues that her understanding of the middle class has much to do with inclusive cultural values. Blau demonstrates her opinion though her ethnography, Social Contract and Economic Markets. I believe that Karl Marxamp;#821 7;s economic factors and

Applying A Balance Sheet On The World Of Finances - 983 Words

Excited to enroll in this class from the very beginning, I found it to be very informative. Not just it taught me the important terminology used in the world of finances, but also allowed to apply these concepts into my own financial life. First of all, thanks to you, Professor Rutter, I have finally devoted time to make a balance sheet, a document stating my current assets and income, and liabilities at the certain period of time. Now I have been deliberately reviewing my credit card statements for the previous month, and calculating how much money I have spent on the food each month, or how much I have spent on shopping at amazon.com, etc. And even though my consuming behavior was never driven by materialism completely, this class reminded me to be realistic about my general spendings, and to strictly separate the needs from the wants. Additionally, I have expanded my skill of setting financial goals and working towards them. For example, because of Christmas time that is approaching fast, which usually includes gifts and travels, I suggested and pursued that my family (me, my husband, and our child) stick to the weekly budget for food, including dining out. And it is been very helpful method to save some money. Then, the topic regarding financial institutions, as well as services and fees related to these institutions, I found to be very empowering: this topic convinced me that doing a research prior making any commitment to any institution is extremely important. As weShow MoreRelatedOff Balance Sheet Financing Practices1410 Words   |  6 PagesOff Balance Sheet Financing Practices [Student Name] [Course Title] [Instructor Name] [Date] Off Balance Sheet Financing Practices The traditional accounting methods have been replaced by a number of new accounting techniques. Some of which are observable while other remain hidden. Off Balance Sheet Financing or OBSF is one of these new accounting techniques. It is a mode of obtaining finance for a business without disclosing significant capital expenditures on the balance sheet of a companyRead MoreThe Thoughtful Forecaster700 Words   |  3 PagesThe Thoughtful Forecaster Case 5 A Summary Submitted to Dr. Roy Patin, Professor of Finance Submitted by Faye d’Hamecourt In Partial Fulfillment of the Requirements for Financial Administration FINC 5713-170 Midwestern State University Dillard College of Business Administration Fall 2011 Date Submitted August 31, 2011 Forecasting is an important aspect in todays business world. Every day businesses strive or lose, depending on the successfulness and accurateness of theirRead MoreGaap Vs. Ifrs Standards1366 Words   |  6 Pagesas well as make comparisons between companies across the industry. Companies must follow the rules established by Security Exchange Commission (SEC) and GAAP when trading their stock publically. Under GAAP companies covers revenue recognition, balance sheet items classification and outstanding share measurement. IFRS International Financial Reporting Standards The alternative to GAAP is the IFRS focus on the financial practices of international companies issued by International Accounting StandardRead MoreArguments for and Against Complex Regulation in Banking Essay1121 Words   |  5 Pageswas revised in the mid-1990s to include the management of off-balance sheet risks, such as risks associated with derivatives, but it soon became clear that an overhaul of the Agreement was necessary, that what the Committee did with Basel II implemented in 2006. Haldane explains why Basel II was a failure and how the act caused the financial crisis of 2007. â€Å"The result, as the world headed into 2007, was that banks’ balance-sheets were much riskier than they appeared.† Basel III, publishedRead MoreBusiness Ethics: Adelphia Scandal1476 Words   |  6 PagesCorporation was on a direct path of success; unbeknownst to their investors and the public, they were in reality on a direct path of destruction instead. Unfortunately, Adelphia is not the first major company in the history of the United States’ business world to lose the trust of the American public, but it is certainly one of the most notable ones to do so. As the events surrounding the Adelphia scandal unfolded in full view of the public eye, a multitude of media outlets were there to broadcast the destructionRead MoreAccounting Is The Most Boring1478 Words   |  6 Pagesaccountants. Accountants could embellish financial statements or secure higher balances for wage expenditures. A typical corporate mistake is improperly segregating duties of employees. If someone has more than one task, such as recording inflow of cash and controlling where it goes, then a chance of embezzlement can occur. Embezzlement is when an employee, usually under good faith, takes a small sum of money to pay personal finances under the guise of paying it back, but does it so often that they eventuallyRead MoreBus 650 Managerial Finance /Complete Class Assignments and Dqs15156 Words   |  61 PagesBUS 650 Managerial Finance /Complete Class Assignments and DQs Purchase here http://chosecourses.com/BUS%20650/bus-650-managerial-finance-complete-class-assignments-and-dqs Description BUS 650 Managerial Finance /Complete Class BUS 650 Week 1 DQ 1 The Role of Financial Management in a Firm Examine the role of management as it relates to finance in a corporation. In your post, discuss the role of management by addressing the following prompts: ExplainRead MoreAccounting Standard in Bangladesh7210 Words   |  29 PagesAPPLICATION OF BANGLADESH ACCOUNTING STANDARDS IN BUSINESS [pic] DEPARTMENT OF FINANCE UNIVERSITY OF DHAKA REPORT ON APPLICATION OF BANGLADESH ACCOUNTING STANDARDS IN BUSINESS FINANCIAL ACCOUNTING –I F-103 Submitted To Dr. H. M. Mosarof Hossain Associate Professor Department of Finance Faculty of Business Administration University of Dhaka Submitted By Members of Group-3 Section-B 14th Batch Department of Finance |Names |Roll NoRead MoreCompensation of Expatriates2602 Words   |  11 Pagesoutside their country of origin, for a variety of reasons. In some cases, these workers fill skill gaps when local staff is unavailable; in other cases, they may be sent to train local staff or to install companywide systems in areas like IT and finance. Some may be sent on developmental assignments to gain skills and experience at an early stage of their careers. Increasingly, part of the motivation is to ensure that the company’s future top-management cadre has some international experience. Read MoreExamples Of Moving Strategic Goals Forward872 Words   |  4 Pagesmoving people, across the country and the world. Every day is a new challenge for transportation organisations as they work hard to run their services safely and on time. When facing regulatory or legal challenges, our clients require advisers who are as focused and consistent as they are in their business. With intimate knowledge of the challenges facing transportation firms today, whether they need planning approvals for a future project, are looking to finance a new project, need strategic corporate/

Seligram case solution Essay Example For Students

Seligram case solution Essay Seligram, INC The Seligram, INC. has provided electronic testing of various components since 1983. One of 11 divisions of the company, Electronic Testing Operations (ETO), has played a central role in the testing operations. However, technological advancement of testing and outdated machines have challenged the companys prospect in the industry. The main issue, in the introduction of the new equipment, Seligram needs to find optimal system to control overhead cost. Q2 (a) Single burden pool Cost of five components under existing system Product Direct Labor$ Burden(DL*burden rate) Total cost(DL+ Burden) ICA $917 1 ,329. 65 $2,247 ICB $2,051 $2,973. 95 $5,025 CAPACITOR $1,094 $1 ,586. 30 $2,680 AMPLIFIER $525 $761. 25 $1,286 DIODE $519 $752. 55 $1,272 Total $12,510 (b) Two-burden pool accounting managers proposal E Burden Machine-hour Machine-burden Total Cost $183. 40 18. 5 $1,480. 00 $2,580. 40 $410. 20 $3,200. 00 $5,661. 20 $218. 80 7. 5 $600. 00 $1,912. 80 $105. 00 5 $400. 00 $1 ,030. o $103. 80 12 $960. 00 $1 ,582. 80 $12,767. 20 (c) Three burden pool consultants proposal Burden Main room-hour Mech. room-hour Test room burden Total cost 8. 5 10 $1,664. 69 $2,765. 09 14 26 $335. 14 $6,276. 34 3 4. 5 $696. 6 $2,009. 66 4 $365. 99 $995. 99 7 $1,006. 53 $1,629. 33 $13,676. 41 The Seligram, INC. should consider consultants three-overhead-pool system. Though cost of five components are not necessary lower than costs of traditional system, multiple cost pool have clearly reflect additional cost driver in ETO. Two out of five components, as indicated in the chart, CADACITOR and AMPLIFIER, showed reduction in the overall costs. Also, further splits in overhead costs, Main Room and Mechanical overheads, decreased 67% of overhead cost of Cadacitor and 4% of overhead of Amplifier from costs of traditional approach. Such reductions suggest that cost pools have appropriately traced to each testing activities. Yet, the company can mix cost pools to improve costing analysis. Two components, ICA and ICB, show that they consume the most labor hours in both testing rooms. In reality, cost analysis based on consults assessment, both costs increased 19% and 20% of the traditional costing system. Both components illustrated labor intensive nature; however, the multiple cost pools failed to reflect their illustrated nature. The overhead costs allocated to direct labor costs have proved to be the ideal cost analysis. In short, illustrated nature of activities may not necessarily match the assuming cost pools in these components. Q5 The new machine should consider as a separate cost center. The ETO is investing a huge amount of money for one or two customers. The existing cost system transfers cost on other customers and increase the price, and drive them away. This is unfair. We can see it clearly in the appendix. In tablel, the new machine drives the machine rate much higher. In table2, the new machine rate dramatically varies in the first three years. It is unreasonable to simply add this burden to the exist burden, this can e shown on table2 (column Total new main room rate). Since the direct labor of new machine is more expensive, we can add this to the new hour rate. This can make the new cost center easy to calculate. Given that the machine hour and burden of the main room and the mech. Room will not change in 8 years, we should use an integrated rate contained three parts in new machine cost pool. a) The sum of depreciation, engineering requirement, and fixed part of the estimated OH divided by the machine utilization hour, b) variable part of the estimated OH divided by the machine utilization hour c) DL cost per hour.

Dancing for Hope free essay sample

I am not a dancer, but I dance all the time. Frankly, I am not that good at it, but I do it everywhere, whether on the rooftops of Downtown Los Angeles or right in the middle of class. Call me crazy, but I just need to move my body. Music, beats, happiness, sadness the nostalgia brings me back a year ago, to the Union Rescue Mission. It was in Skid Row, the poorest part of Los Angeles. I had signed up for foot-washing, and I was armed and ready, with a hand towel and soap bucket, bracing myself for the hoard of Skid Rowians to come piling in. Literally hundreds of them were lined up outside. As they trickled in, I noticed their clothes: dirty, frayed, too big for their frail bodies. I guided each of them to the shoe station and they eagerly picked out their new shoes. Right about then, some 70s funk music started blasting from the loudspeakers. We will write a custom essay sample on Dancing for Hope or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The beat was contagious, and I felt the need yet again to get my feet moving. An old woman, draped in a pink shawl and an old-fashioned dress, came bounding in. She started grooving to the funk music, step by step around the stations, raising her arms, looking towards the sky, making her thick-rimmed glasses shine against the hot summer sun. I hesitated at first, but took her cue and began to dance myself, more or less looking like a dead chicken. A crowd had begun to gather around us, and the both of us were pushed towards the middle, dancing with each other. More and more people joined in and a collective succession of claps followed. As my eyes met hers, I couldnt help but smile. That was one moment, one instant, when all fear was lost, and all of us held on to the glimpse of hope that was ever-present in that sliver of time. These people have been stereotyped their whole lives, and society has beaten them down to nothingness. They, like too many others, are ashamed of being unconventional; they fear being judged. I did not know it, but I had not just danced with the woman. We had made a mutual acknowledgement of each others humanity, of the people we really were. Our dancing opened a door to the relief that comes with being ourselves. When I was honest with myself, I made room for others to be honest as well. I am not a dancer. But I dance to make a fool out of myself, to maybe somehow, some way, bring hope to those who need it and joy to those who have none.