Composition Corporate Social Responsibility â€Myassignmenthelp.Com

Question: Examine About The Composition Corporate Social Responsibility? Answer: Presentation Corporate Social Responsibility or CSR is the cutting edge structure of enterprises moral standards. CSR characterizes a partnerships morals or obligations towards various partners. The ubiquity of CSR has grown extensively in the middle of huge associations because of globalization. While leading their business in producing nations, the global organizations are required to keep up certain moral guidelines for not abusing their situation to enlarge incomes. The majority of the associations abuse their CSR arrangements to upgrade their incomes. There are no severe rules given by the administration that guarantees the correct usage of CSR methodology by a firm. This exposition will assess various points of interest and hindrances of CSR procedure and its impact over an organization. Further, the article will decide the real situation of CSR procedures from various partnerships point of view and talk about hypotheses gave by different specialists on a similar theme. Investigation of Corporate Social Responsibility The prerequisite and notoriety of CSR procedures have developed impressively in recent years, with the improvement of companys job. According to Hopkins (2012), current associations have a notoriety in the middle of individuals; the organizations can confront critical misfortunes on the off chance that they lose their notoriety in the advertising. CSR technique guarantees enterprises positive strides towards the government assistance of society and condition. A most extreme number of enormous associations have executed some kind of CSR strategy. These strategy shifts companies essential spotlight from income dependent on government assistance based. CSR arrangements require the association to actualize certain approaches to ensure the enthusiasm of different partners, for example, laborers, clients, condition, provider, and investors (Crane, Matten, and Spence, 2013). One of the essential points of interest of CSR arrangements is that it helps associations in their enrollment and maintenance method. According to Saeidi et al. (2015), an enterprise with a viable CSR strategy gives different advantages to their representatives since they are a piece of partners. The workers are treated as an essential piece of the association, without them the company can't work. Other than money related motivating forces, the worker gets different other non-fiscal prizes too, for example, open doors for development and grants. Apple, Google, Amazon and different other huge companies are known for their compelling CSR approaches in regards to representatives. As indicated by Edmans (2012), a great many people on the planet as of now need to work for these organizations which make the enrollment procedure simpler for human asset the executives. The motivators gave by these companies to representatives help them in maintenance process. Google has won the best work env ironment grant a few times. Google gives its workers family time, individual activities time, free bites and grants for additional investigations. The enterprises with powerful CSR methodologies have a high notoriety in the market when contrasted with organizations with no CSR arrangements. As per Aguinis and Galvas (2012), a most extreme number of worldwide companies previously executed CSR arrangements which help them while working in remote nations. CSR strategies incorporate different advances taken by the organization with respect to assurance of entrainment. Organizations, for example, Apple, Starbucks, and Google are known for their CSR strategies with respect to insurance of the earth. These companies while fabricating their items didn't utilize the ecological unsafe material, and furthermore works their exercises utilizing normal vitality. Apple utilizes sun powered vitality to work its calculating in China and to run its server farm in the United States. They are likewise dedicated to assembling 100 percent recyclable items which can be restored and utilized for different purposes (Brammer, Jackson and Matten, 2012). By powerful usage of CSR system, an enterprise can draw in an enormous number of speculators. Calabrese et al. (2013) gave that the CSR system expects companies to keep up straightforwardness in its exchange which gave a right valuation of the association in money related records. It is hard for organizations with successful CSR strategies to direct misrepresentation with its speculators. As per Tai and Chuang (2014), the agents feel that their cash is sheltered in the association with CSR system since they give ordinary exposures of their exhibition. Financial specialists can without much of a stretch measure an organizations execution and choose to put resources into such organization. Another favorable position of CSR methodology is that it builds the deals of an organization. According to an investigation directed over online retailers, the majority of them given that they want to purchase items from an association with ecologically well disposed approaches (Servaes and Tamayo, 2013). The advancement in people groups way of life expands the prerequisite of value and naturally well disposed items. Because of such interest, the enterprises can charge a higher sum than their rivals and still sell more items. Apple and Starbucks are genuine models, the two organizations keep up natural benevolent procedures and charge a significant expense for their items yet at the same time, their items are bought by countless clients. With every such advantage, there are a few weaknesses of CSR technique too. The principle downside of executing CSR methodology is that it changes the inclinations of an organization. According to Dam and Scholtens (2012), an organization depends on income based model and their essential goal is to raise their incomes. In any case, in the wake of executing CSR approaches, an organization needs to move its concentration to government assistance based goals. By building up government assistance based technique, rather than improving their incomes the organization needs to center with respect to their government assistance of society which can be influencing a companys money related status unfavorably. A compelling CSR procedure expands the uses of the organization in light of the fact that the organization needs to execute ecological amicable innovation and pay additional advantages to their workers. Fransen (2013) given that most associations abstain from actualizing natural well disposed innovation because of its significant expense, for instance, changing over entire server farm or manufacturing plants power with sun oriented or wind vitality cost high costs, for example, sun oriented boards are costly and assembling new channels for power. The impetuses are given by companies to their representatives likewise increment their costs and the time given to them for individual things lessens their general work. Increment in costs in the end diminishes enterprises benefits. Appropriate CSR arrangements gave different advantages to partners, one of which incorporates full and normal divulgence by companys chiefs with respect to associations execution and future objectives. Speculators can utilize such data to choose whether they need to put their capital in the association. In any case, from partnerships point of view, standard divulgence can be disappointing and dangerous. For normal revelation, the organization will require employing new staff and keep up the record for each little choice, which can be baffling for the executives. Also, the future objectives revealed by the organization can be utilized by their rivals while making their serious procedures (Hsu and Cheng, 2012). Another disadvantage of CSR procedure is that it is popular in evolved nations, however in creating nations or immature nations, the CSR strategy isn't requested by clients. As indicated by Rao and Tilt (2016), in created nations, most clients can stand to pay extra for earth agreeable items yet in creating nations, the clients lean toward more affordable items. The organizations can confront critical misfortune on the off chance that they begin charging a significant expense for comparable items in the market. For instance, while entering in India, Starbucks go into a joint endeavor with Tata gatherings to keep their items costs low, as per the client necessities. If there should be an occurrence of created nations, if the clients didn't perceive any noteworthy advancement rapidly, they may adjust their perspective for utilizing the earth well disposed item and it is intense for partnerships to quantify their ecological effect. Indeed, even with various inadequacies, the effect of CSR system has been generally speaking gainful for the general public. According to Loannou and Serafeim (2015), due to CSR approaches, most huge associations go about as a corporate resident and didn't mishandle their capacity to upgrade their incomes. The divulgence made by partnerships guarantees that legitimate data is given to partners in regards to companys execution and it diminishes the misrepresentation made by associations. The impact of CSR arrangements over the earth has been extraordinary which helps in decreasing contamination in a few urban areas. Be that as it may, at present, there is a necessity of severe rules to implement the CSR approaches over associations. Numerous enormous associations despite everything misuse their situation, for instance, Volkswagen has executed a CSR strategy in regards to ecological security yet in the ongoing debate, hypothesis saw as liable of utilizing the profoundly dirtied material in their vehicles. In 2014, the enterprises, for example, Starbucks and Google, which are known for actualizing severe CSR arrangements, has seen as liable of tax avoidance in the United Kingdom. Apple has been engaged with a debate in regards to their manufacturing plants in China, which makes their representatives work under perilous working natural with an impressively low pay (Fisher, 2014). Episodes, for example, this show the prerequisite of severe execution of CSR strategy by the legislature to support society and condition. End All in all, the CSR methodology has increased critical ubiquity in recent years, yet there is as yet far for worldwide execution. Most organizations despite everything abstain from actualizing CSR procedure because of its deficiencies. The benefits of CSR approaches si

Government Debt Essay Example | Topics and Well Written Essays - 1500 words

Government Debt - Essay Example Outer government obligation alludes to the total finances gathered from outside the nation from remote speculators and governments. As per Gartner (2006, p. 68) the legislature will consistently sell its protections in the open market when it needs to raise assets from the financial specialists. Key exchanged government protections the open market incorporate however not constrained to treasury bills, notes and securities (Snowdon and Vane (1997, p.103). Sovereign obligation alludes to government obligation owed to speculators generally remote in outside monetary forms. Shone (1989, p. 119) states that Sovereign obligations are regularly utilized by the legislature when they are needing huge measure of cash to do a costly open venture. Sovereign obligation is viewed as hazardous attributable to the way that it is influenced by variance in money and any default by the giving organization may mean low FICO score and no further obligation headway as outside financial specialists will be frightened off. Government bonds, which is the regular type of raising income from neighborhood financial specialists in nearby money is profoundly favored by most government since it isn't influenced by the FICO assessment of the long distances (and Scott 2005, p.19). Tragically the United Kingdom government obligation has been developing at a disturbing rate over the ongoing past. The worldwide downturn that started in 2008 has left a few formed country into immense obligations. Carlin and Soskice (2006;101), attests that the UK higher spending deficiency can be credited to the huge government spending and low government income inferable from loss of employments and diminished spending. The UK society has been getting a charge out of the shortfall sending without a brief look at its results. The United Kingdom obligation which incorporates the total measure of cash claimed by the focal government in type of government securities, sovereign securities, Social Security trust financ e, and collected capital consumption. Financial combination alludes to the strategies taken by the administration to deal with its obligation and lessen its spending shortage. Monetary union strategies fluctuate from nation to nation contingent upon the money related goal of the legislature. Most nations are constantly up to speed in problem with regards to monetary union particularly during downturn. Most economies have been temperamental since the start of downturn as joblessness rate increments every once in a while, key organizations confronting money related limitations and people losing home loans and subsequently it gets hard for the legislature to conclude whether to think of financial improvement or monetary solidification approaches. For example the UK government has been confronting swelling open obligation and spending deficiency while a similar time joblessness rate is raising phenomenally. Tobin hypothesis is a hypothesis of speculation conduct additionally prestigious as Tonin’s Q Theory and indicated by letter â€Å"q†. This hypothesis is utilized to decide the proportion of the organizations gave shares (share funding) to the supplanting cost related with the benefits of the organization. Three huge circumstances are clear while relating the market esteem and the substitution cost and they incorporate â€Å"q† being more noteworthy (q>1), lower (q

Blog Archive Yale School of Management Essay Analysis, 20172018

Blog Archive Yale School of Management Essay Analysis, 2017â€"2018 *Please note: You are viewing an essay analysis from the 2017-2018 admissions cycle.  Click here to view our collection of essay analyses for the current admissions season.   The Yale School of Management (SOM) is staying the course this year with its single application essay, joining Harvard Business School in using the same essay query as last season. The school has made no modifications to its one prompt, whose 500-word limit does not offer a lot of room to make an impression on the admissions committee. Having commented last year in a Yale SOM blog post that the “seemingly simple and straightforward question” was composed with assistance from one of the school’s organizational behavior professors, Assistant Dean and Director of Admissions Bruce DelMonico added in a more recent post that the admissions committee “is interested not just in the commitment itself but also in how you [applicants] approach the commitment and the behaviors that support it.” Clearly, the Yale SOM has invested some truly purposeful effort into constructing a query that will reveal something specific from and about the individuals targeting its MBA program. In our ana lysis, we explore how you can maximize your opportunity to shine with this forthright prompt… Describe the biggest commitment you have ever made.   (500 words maximum) You may initially think that this prompt is rather narrow in scope, allowing you space to share the story of just a single professional or community project and nothing more. Although you can certainly discuss your dedication to a particular project or cause, you are definitely not restricted to this approach. Consider this: you can also be committed to an idea (e.g., personal liberty) or a value (e.g., creating opportunity for others), and approaching your essay from this angle instead could enable you to share much more of and about yourself with the SOM admissions committee. For example, you might relate a few anecdotes that on the surface seem unrelatedâ€"drawing from different parts of your lifeâ€"but that all support and illustrate how you are guided by a particular value. Or, to return to the example of personal liberty as a theme, you could show how you take control of your academic and professional paths, adhering steadfastly to your values and vision. Whatever you choose to feature as the focus of your commitment, your actions and decisions, manifest via a variety of experiences, must allow you to own it as a genuine part of who you are as an individual. Identifying a theme that you think no one else will ever use is not your goal here; presenting authentic anecdotes that powerfully support your selected theme is what is important. However, if you prefer to focus on a single anecdote, the commitment you claim must be truly inordinate. Being particularly proud of an accomplishment is not enough to make it an effective topic for this essay. You need to demonstrate your constancy and dedication in the face of challenges or resistance, revealing that your connection to the experience was hard won. Strive to show that you have been resolute in following a sometimes difficult path and have doggedly stayed on course, citing clear examples to illustrate your steadfastness. Nothing commonplace will work hereâ€"you must make your reader truly understand your journey and leave him or her more impressed by your effort than the outcome. For a thorough exploration of the Yale SOM  academic program/merits, defining characteristics, crucial statistics, social life, academic environment, and other key features, check out the mbaMission Insider’s Guide to the  Yale School of Management. The Next Stepâ€"Mastering Your Yale SOM  Interview: Many MBA candidates find admissions interviews stressful and intimidating, but mastering this important element of the application process is definitely possibleâ€"the key is informed preparation. To help you on your way to this high level of preparation, we offer our free Interview Primers. Download your free copy of the Yale SOM  Interview Primer today. Share ThisTweet 2017-2018 Business School MBA Essay Analysis Yale University (School of Management)

Bullying and Harrasment in the Workplace - 2369 Words

In hard times people tend more to be willing to find out why things aren’t working and so a growing awareness of satisfying employees lead to a more detailed picture of bullying in the workplace. Due to great changes in hotel and hospitality industry caused by the economic crisis and its cumulative effects on the behaviour of managers as well as on employees, volition emerged to do more against bullying in the workplace. This paper critically analyzes the reason for the occurrence of bullying and gives impacts on relationship between bullying, work and health. Furthermore it shows emerging problems for the hotel and hospitality industry and gives advice to find appropriate solutions to provide a bullying-free working place. Several†¦show more content†¦Demands of customers which couldn ´t always be measured, are causing complaints about e.g. delays or bad handling. Especially front office employees have to deal with enormous pressure by being consistently confronted with complaints, and personal affronts from customers. Furthermore Fineman S. (2003):164 describes the occurrence of organizational violence in the workplace as a failing in the ethnically opinions of entrepreneur and characterizes this form of bullying as follows, â€Å"It translates into practices that systematically cause danger, risk or exploitation to employees. Emotionally, the employer can feel indifferent, even derisory about its workers and their psychological or physical well-being: ‘there are always more out there’. The worker may feel equally indifferent but trapped in the job.† Actually frequent occurrence of such, as in the majority of cases irrelevant sensed incidents, leads to a growth of troubles and personal antipathy against fellow-workers and employers is growing until the straw that breaks the camel ´s back and physically or psychological damages are the immediate consequences. As has been proved in an array of researches by organisations dealing with the problems of bullying and harassment in the workplace, like ACAS, bullying affects a company in a tremendous variety of ways. Hotel and Hospitality industry is a very people-intensive branch primarily composed of small businesses. According to ACSA aShow MoreRelatedSex Harassment And Sexual Harassment858 Words   |  4 Pageshave experienced the horrors of sexual harassment. Sexual harassment is a type of bullying, stereo-typically towards a woman requesting for sexual favours and acts in a verbal way it is stated by rape crisis London that within their research they found that it is â€Å" Estimates suggest that half of women in employment have been subjected to sexual harassment† (Rape Crisis London). This can often be found in a workplace whereas for example, a person of a higher role such as a manager could offer one ofRead MoreEssay on Cipd 3mer3076 Words   |  13 PagesTreated Fairly In Relation To Pay | 9 | Employee Satisfaction | 9 | Recruitment amp; Retention | 9 | National Minimum Wage | 9 | Main Points of Equalities Legislation | 10 | Direct Discrimination | 10 | Indirect Discrimination | 11 | Harrasment | 11 | Victimisation | 11 | The Concept of the Psychological Contract | 12 | Types of Psychological Contracts | 12 | Issues To Be Addressed At The Termination Of The Employment Relationship | 13 | Fair and Unfair Dismissal | 13 | The

Essay on Welfare Reform System Building American Economy...

â€Å"Welfare epitomizes America’s basic bargain, providing opportunity and in return, demanding responsibility† (Clinton). When President Lyndon B. Johnson enacted Welfare in 1966, it was a system envisioned to be an aide for the common man; a support structure that would prevent financial disasters for the individual. Since that time, Welfare has been reformed, deformed, and become abused by the very people it was created to empower. Welfare has been manipulated into a way of life for over 40 million Americans through outrageous benefits and unearned paychecks being supplied at an endless rate. This issue harms not only the economy as a whole, but also the individuals who receive such benefits. Welfare checks have become free handouts to†¦show more content†¦Otherwise, those who have financial need will remain content to collect an absurdly large Welfare check with no effort required than to seek employment at a much lower income rate, thus acting as â€Å"a leech upon the hardworking taxpayers who make Welfare possible† (â€Å"Welfare Flaws†). To prevent this, Welfare benefits must be reduced to the same rate as minimum wage, giving recipients the needed motivation to seek employment and a steady financial plan because Welfare checks will no longer present a more viable way of life. The reductions would take place immediately to slowly work people off Welfare and back into society as productive employed citizens. Income cuts for Welfare recipients may not be enough to encourage citizens to leave Welfare, so instituting a work requirement for people to receive Welfare benefits would certainly be a feasible option. â€Å"To the unemployed, work experience and job skills are the number one most lacking in area†¦just ahead of the lack of motivation† (â€Å"Renewing America†). Newt Gingrich has been a strong proponent against free welfare handouts, proclaiming them to be a form of â€Å"government subsidized laziness† where those who have been responsible enough to ensure and achieve a state of wellbeing are forced to not only care for themselves butShow MoreRelatedHow the New Deal Failed to Achieve Its Objectives1279 Words   |  6 Pages part of the new deal was based on the ‘Alphabet Agencies’ which were numerous amount of authorities/acts which were set up to either provide relief (for the people who had been affected by the great depression), reform (ch anging things to stop another crash from happening) and recovery (getting the economy going again). The main purpose for the New Deal was to get the economy going again and to give people the confidence again to spend. Even though this looked great, there was much opposition suchRead MoreEssay on Financial Dependence: A Problem For American Business1134 Words   |  5 PagesThis rings true for Americans, who have a tendency to rely on others in search of solutions to our own problems. As a whole, we insist on sharing the burden, such as borrowing foreign money from countries like China to lessen our growing deficit. American businesses are similarly dependent on foreign relations, fueled by cheap labor for a greater profit on goods. On a societal level, Americans are dependent on our government for welfare and financial assistance whenever the economy crashes. Yet, theRead MoreThe Numerous Changes to America from Reconstruction to the New Deal1582 Words   |  7 Pagesdominated by white men who ran the country while there were no rights for women, blacks, and immigrants. In 1876, Americans lived on farms in rural America. By the 1930s, America was a welfare state with government just starting to control different aspects such as economy and corporations. In the 1930s women, blacks, and immigrants all had the right to vote, and the majority of Americans were living in cities. Blacks had the right to vote; however, they were usually disenfranchised by whites. TheRead MorePersuasive Essay On Immigration Reform1110 Words   |  5 PagesImmigration reform has been a big debate since 1790. The Naturalization Act of 1790 was the first act to established rules for naturalized citizenship. The citizenship was only granted to those who has live in America for at least two years and is a free white person of good character. Although some rules were set, the policy of immigration reform are full of comprehensiveness (Soergel). Some believe that immigration is a dreadful thing because they take up jobs and bring in terrorists; Other considerRead More 1930s Essay759 Words   |  4 Pages During the 1930s American citizens witnessed a breakdown of the Democratic and free enterprise way of life. The government saw that the free enterprise system was failing. The New Deal increased the governments regulation and intervention and the economic system, thus temporarily abandoning the capitalism system and turning toward socialism to find the answer. The answer... the New Deal. Socialism is usually thought of as a form of government that advocates public ownershipRead MoreThe Period of the Great Depression and Political Issues in America1767 Words   |  7 Pages32-The Politics of Boom and Bust The three conservative Republican presidents wanted to get back to serving the public with less direct government intervention and more co-managing with big business. After WWI, the United States turned and from its international interest to its traditional style of foreign policy such as military unpreparedness and isolationism. The â€Å"Old Guard† wanted to get back to its old business of laissez-faire business with government helping businesses push profits butRead MoreCauses for Public Trust or Distrust of the Federal Government1594 Words   |  7 Pages American Government 2301 April 11, 2011 Do we elect officials to do what is right for ourselves, or to do whatever is better for the country as a whole? On the other hand, do they act in the most popular manner in order to secure their own re-election hopes? The two-party system is in continuous lockout. One party wants reform but another will try to block it just to show the public how incompetent they are without showing the truth. This paper will outline cases why the American PublicRead MoreGreat Depression Essays1347 Words   |  6 PagesThe Great Depression is probably one of the most misunderstood events in American history. It is routinely cited, as proof that unregulated capitalism is not the best in the world, and that only a massive welfare state, huge amounts of economic regulation, and other interventions can save capitalism from itself. The Great Depression had important consequences and was a devastating event in America, however many good policies and programs became available as a result of the great d epression, someRead MoreThe New Deal : The United States And The American People1190 Words   |  5 Pagesprosperity and crucial challenges that have called for problematic times in American history. The Great Depression, which started in 1929 and ended in the early 1940’s, was a relentless global economic collapse that had numerous catastrophic effects on American society. Throughout the course of American history, many distinct presidents have made significant decisions regarding the progression of the United States and the American people. However, according to Give Me Liberty by Eric Foner, Herbert HooverRead MoreLyndon B. Johnson And Andrew Jackson1605 Words   |  7 Pagespolitical gloom, won the Cold War without a bloody confrontation, and created more reforms for the economy, with an impressive increase in productivity and employment. He was the most successful president of the twentieth century. The 70 s were not the best of years. For nearly an entire decade, serious inflation and unemployment on the rise, racial tensions grew, and outside of the US, the American government lost the war for Vietnam. The public was weary and discontent, and Reagan

Informative Speech On Teen Suicide - 989 Words

Topic: Teen Suicide Awareness Teenage suicide is preventable, and ways that the society can help prevent are through the media, in schools, and in a Teens home. General Purpose: To bring awareness to my audience on teen suicide Specific Purpose: To inform and persuade my audience to take an active role in teen suicide awareness and prevention. Thesis: Spreading Awareness to teen suicide is a means to answering their silent cry by getting knowledge and donating, After all, knowledge is a very powerful thing and when shared it becomes even more powerful, and when acted on, it becomes a voice, resulting in change, intervention, education, and prevention. Introduction: Teen Suicide is an escalating health concern that affects us all†¦show more content†¦However, if our 7th and 8th graders were included, the percentages would be significantly higher. Youth Suicide Statistics prp.jasonfoundation.com/facts/youth-suicide-statistics/ Center for Disease Control – cdc.gov [online] Our teens opt for suicide for various reasons, among such reasons are; rejection, disappointments, guilt, shame, loneliness and feeling of hopelessness. The American Psychological Association stated that more than 90% of people who commit suicide have the following risk factors: (1) Family violence (2) Aggressive behavior (3) low self-estee m (4) Abuse-mental, physical, and or sexual (5) Alcohol and /or other substance abuse (6) Sexual orientation confusion (7) Victim of bullying, and/or mental health disorders, to include depression and anxiety. American Psychological Association) www.apa.org/research/action/suicide.aspx Recognizing risk factors that’s overlooked or camouflaged in silent cries for help is crucial. There are so many people who are unaware of the signs. Likewise, there are others who know but simply do not care to act; perhaps they are uncaring because the teen wasn’t anyone they knew or loved, or it’s because suicide is so horrific that it is easier to ignore it. My question to that group is, if it was your child, or relative how would you feel, that others did nothing, felt nothing and recognized nothing? According to the Youth Suicide Statistics /JasonShow MoreRelatedInformative Speech - Teen Suicide Essay854 Words   |  4 PagesINFORMATIVE SPEECH OUTLINE General Subject: Informative speech; teen suicide. General Purpose: To inform. Specific Purpose: Today I will be discussing the topic of teen suicide. Central Idea: Teen suicide is a growing health concern in the US as it is the third leading cause of death among young people [Linn-Gust, 2001]. Thesis: In order to better understand teen suicide, it is important to explore the causes of teen suicide, what are the symptoms and/or signs, and what canRead MoreOutline Of A Speech On Depression1231 Words   |  5 PagesDepression I. Speech Overview: A. General Goal: To inform. B. Specific Goal: By the end of my speech, my audience will understand the real illness that is depression and how much it does deal with my generation and the toll it has had on us and how to deal with it. II. Introduction: (This is where you start talking) A. Attention Grabber: In the second grade, after a really, really close family friend had passed away I realized that my days were kind of gloomy and that my always positive mindsetRead MoreCyberbullying Essay615 Words   |  3 PagesInformative Speech Outline Name- Cayla Kiger Specific Purpose- I will be informing you about cyber bullying Central Idea- I will be informing you about what cyber bullying actually is, the causes of cyber bullying, and the effects its has on people. Introduction I- â€Å"Around 1 in5 kids have been cyber bullied. That 1 in 5 may be your friends, your siblings, or even you.† (Cyber bullying Stats 1). II. As the majority of my audience â€Å"think† they know what cyber bullying is, I am hereRead MorePeer Pressure2910 Words   |  12 Pagesbe a welcome break from citing Mark Anthony s oft quoted, Friends, Romans, Countrymen... speech. A good debate topic does not necessarily need to be a political topic. It can be funny, informative, contemplative, social, economical - the categories are endless. Debate topics for students need to be chosen keeping in mind the maturity level and understanding that they may be expected to have about the speech topic at hand. Always make a shortlist of topics that will seem interesting to the targetRead MoreOutlining an Informative Speech: Anabolic Steroids1824 Words   |  8 Pages| Outlining an Informative SpeechAnabolic Steroids in Sports | | | OUTLINE OF SPEECH ATTENTION-GETTING OPENER An athlete is a person who is trained or skilled in exercises, sports, or games requiring physical strength, agility, or stamina. Athletes train and practice year-round to prepare for the competition and challenges. Most high school, college, amateur and professional athletes participate in sports for the opportunity to pit their abilities against those of their peers, andRead MorePlanned Parenthood Essay2715 Words   |  11 Pagesmillion people have died from AIDS since 1981. STDs often cause death, infertility, chronic pain, birth defects, amp; miscarriages. Everyday 12,000 American teens contract an STD. 1 in 5 Americans have genital herpes. 90% don’t know it and don’t show signs. There are 750,000 teen pregnancies in the U.S. a year (2,000 a day). About 80% of teen fathers don’t stay with the mom. Every 45 seconds someone in the U.S. is sexually assaulted. How can we prevent these numbers and statistics? We can with PlannedRead MoreAnalysis Of The Paperboy 2052 Words   |  9 PagesNathan and Alice. â€Å"Yeah, woopee†¦Ã¢â‚¬  Alice responded sarcastically. Since Colin’s old paper route, he really hasn’t changed. He’s still the peppy, happy child as he was, but the others have really changed. Luckily for Nathan, he was able to go into speech therapy, helping him out with his speaking so much. Kids no longer call him mentally challenged. But for Alice, she has seemed to go into a depression as if since her young days, her glass eye would haunt her. â€Å"Why aren’t you excited Alice? it’s theRead MoreSpeech to Inform8146 Words   |  33 PagesSpeech To Inform Speech to inform:Euro-2012 In April 2007, Ukraine and Poland were named co-hosts for Euro 2012 tournament. This joint bid, taking into account Ukraines tough economic condition and administration problems, has become a headache for UEFA President Michel Platini. The matches will be staged at eight venues, divided between the co-host countries. Ukraine is behind the schedule, having problems with modernization of airports, roads, and rail networks. As a co-host country, Poland seemsRead MoreCommunity Health Presentation : Caring For Our Veterans3541 Words   |  15 Pagesveterans†. 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People fear what they do not know, and people can be are very prejudice about things that are not them selves, especially when it

IT and Accounting

Question: Discuss about theIT and Accounting. Answer: The need to document an Information system Below are the reasons as to why Information Systems in Accounting are documented: To create an environment of accountability among employees for designated tasks and responsibilities (GWI, 2012). To help enable the evaluation of the performance of the system personnel. To help identify and appreciate the validity and strengths of the existing system as well as to develop ways of eradicating its weaknesses (Lord, 2016). To provide reference information to auditors. To regulate the cost incurred in system development and maintenance. To exhibit how the system works. How storing the same fact in different computer files can potentially affect the integrity of data? Data integrity is critical because it defines the usability of that information in its lifecycle (Lord, 2016). Storing the same fact data in different computer files can affect data integrity in the following ways: It makes it difficult to know which data is updated since when one updates information on one file it will not update all the other in files automatically. It makes data accessibility harder. That is, only the data owner is authorised to make changes. Other users are prohibited from compromising the data (Lord, 2016). It poses a threat to data security: Storing same fact information in different computer files create a loophole to be used by unauthorized users to access data (Lord, 2016). What Function with the IT organization should be segregated? Indeed the segregation of duties (SoD) plays an important role in risk assessment and audit (Singleton, 2012). Therefore there should be segregation of: IT duties from user Department. Database Administrator from the rest of IT functions. Applications development from database and other IT operations New application developments from Applications maintenance Information security from other IT functions Approaches to implementing a new ERP System There are two approaches that can be used to implement a new ERP System Enterprise-wide Full Installation The approach was often used in the early days of installing ERP. One should ensure a smoother transition through stating the ways through which the new ERP software will differ from the existing software regarding improvements (Marchello, 2016). Employees should be adequately trained for them to be comfortable with the new ERP Software (Marchello, 2016). Unit by Unit It is common in large companies with few and simple processes across units. In this approach, the management identifies a liberal and flexible group and installs a pilot ERP installation in the department (Marchello, 2016). When the company feels satisfied with the pilot installation, it is used as a reference to selling other units on ERP (Marchello, 2016). Disaster Recovery Plan It is a documented process used to recover and protect an entity's business IT infrastructure in case of a disaster. The pal outlines the procedures an organization is to follow during a disaster (Kirvan, 2012). The features of DRP are: Secure data storage Regular data backups Offsite locations Service redundancy Success Planning Employee preparation Section 2 How does EDI improve the effectiveness and efficiency of the purchases/ cash disbursement cycle? Give an example. Electronic data interchange (EDI) refers to a computer-based exchange application that facilitates the exchange of business documents between companies. Many companies use EDI to improve the efficiency of providing services (Yacht, 2016). EDI has proved to be less costly that handling document between companies manually. It has also eliminated errors that used to occur when documents are handled manually. Lastly, there is a faster flow of transactions between two or more companies (Singleton, 2012). For instance, in the case of purchases and sales transactions, EDI has assured companies effective monitoring of stock levels, effective use of warehouses, lower freight and holding cost, and reduction of out-of-stock instances. Studies have shown that the application of EDI, has improved the speed and efficiency of handling transaction between companies by over 60% (Kirvan, 2012). Explain how a manager can lessen information overload? Give examples. Approximately 62% of managers have admitted that their work has also been compromised by poor management of information i.e. they are unable to sort relevant information when needed. Such managers can do simply their work by controlling information overload. Lessening information overload helps in creating space for important documents and better decision making (Hastie, 2008). There are three key ways of lessening information overload namely; Focusing important information only and ignoring the rest. For example, a communication manager receiving over 400 reports weekly can review the reports for a period then only focus on 30 reports considered to be vital in decision making and organizational operations ( Kimball Ross , 2013). Having a standardized method of data collection. For example, Electronic Medical Record system is used in the hospitals to save relevant information collected from customers. Use search tools to obtain the information needed. This the best way of reducing information overload. For example, when a manager wants to obtain information on inventory production in the last financial year, he/ she have to type keywords into the search tool and only the relevant information will be extracted (Ghasemi, Barvayeh, Aslani, 2011). Discuss the purpose of a data warehouse? The main reason why data warehouse is used in business or companies is to execute business needs that cannot be fulfilled using a transaction system. First, with data warehouse, a manager can separate the data obtained from production activities from the data obtained from non-production activities. Second, data warehouse allows integration of data by connecting segregated data into one pool. Third, a data warehouse is used as a fundamental tool to support decision making in an organization (Marchello, 2016). What are audit trials? Explain the three security objectives of audit trials? Audit trial is an accounting term that refers to sequences of paperwork meant to either validate or invalidate. Conversely, in computing, audit trial is defined as a paper or electronic log used in tracking computer activity. For example, an illegal attempt by an employee to log in a secured computer by typing a wrong password would be recorded in the audit trial. Both in accounting or computing, audit trial is used to enhance security (Ghasemi, Barvayeh, Aslani, 2011). Three security objectives of audit tests are; First, detecting any authorized attempt by intruders to access a given system. Detecting and denial to aces help to protect transactions involves millions executed by organizations Second, audit trial helps to facilitate reconstruction of events from different sources to establish any attempts made to either corrupt the system or execute a fraud. Third, audit trial promotes personal accountability. For example, if an employ comprises the system for personal gain, audit trial can be used to trace his actions and make him pay ( Kimball Ross , 2013). Explain what an ERP application is and why it is used? List the core applications of an ERP? Enterprise resource planning (ERP) is a management software applied by business to manage/ coordinate their activities. ERP comprises of functions such as development, planning, sales, marketing, stock, management, and planning (Hollander, Denna, Cherrington, 2009). The primary goal of an ERP software is to facilitate data-driven decision making in an organization. ERP is applied in collecting and organizing data to provide an insightful analysis of the business' performance indicators (Hastie, 2008). The key areas where ERP is applied in the business context are; Supply chain Inventory Purchasing Finance department Product lifecycle Human resource And, project management Section 3 Revenue Cycle Fundamental tasks performed in a revenue cycle A revenue cycle involves a set of procedures that happen between the periods a business gets materials to make a sale and the period the transaction is completed (Hangland, 2016). Its primary tasks are; Invoicing and updating accounts receivable Collecting money from customers. Documenting customers order and shipping the required merchandise Take customers order, check credit, inventory and respond to customer inquiries. Sales return Risks associated with the tasks There may be a loss of audit trial causing complications in the computer- related functions of the business (Pallardy, 2015). It 's hard for users to stay up-to-date because of the complexity of the computer technology. Increased chances of collision between different tasks taking place simultaneously (Hangland, 2016). There is little or no human intervention hence it was difficult to troubleshoot if the cycle fails unless a professional is called (Pallardy, 2015). Controlling the risks Seek the services of auditors who to first assess the inherent risks associated with the revenue cycle and conduct tests to determine that the cycle is free of errors (Hangland, 2016). The organization should carry out substantive tests to help find any error in misstatements in the accounts or documentation in the revenue cycle (Pallardy, 2015). Involvement in testing a system in the revenue cycle Being involved in testing the system enables me to know my role in the Revenue Cycle hence I can openly participate in the communication between different departments in the business (Hangland, 2016). This ensures that I have done my job well adding to the general productivity of the company in general. As the manager of an accounts receivable department, I would test for the following areas: Billing Check audit Sales return Invoices Apart from being directly related to my job description, conducting an analysis in the areas as mentioned above will ensure that I am well equipped to monitor accounts, both debit, and credit, hence ensuring that the department is running effectively (Hangland, 2016). Discuss why you should be involved in testing the systems and what areas you would test and why? Before the department starts to use a new revenue cycle system it would be important to involve departmental employees and me (as the manager) in its testing to determine two issues (Hangland, 2016). First, if the system is error free. And second, establish the inherent risks associated with it. Therefore, an auditor should be involved in conducting both the tests of controls and substantive tests to ensure that the new system supports the departmental activities. The manager should be ensured that the new system will not misstate consignment sales, return rights, refunds, and costs of sales, expenses and gross sales among other items. The test of controls will ensure that the new system would observe the accounting principles and ethics when recording sales transactions. Conversely, the substantive tests will involve a trial period where the system is observed closely to ensure that its free from misstatement and errors in the documentation of the revenue cycle transactions (Ghasemi, Barvayeh, Aslani, 2011). References Kimball, R., Ross , M. (2013). The Data Warehouse Toolkit: The Definitive Guide to Dimensional Modeling. New Jersey: Wiley. Ghasemi, M., Barvayeh, E., Aslani, M. (2011). The impact of Information Technology (IT) on modern accounting systems. World Conference on Educational Technology Researches . GWI. (2012, April 5). Top 8 Components of a Disaster Recovery Plan for Business. 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Retrieved October 8, 2016, from Linkedin: https://www.linkedin.com Pallardy, C. (2015, March 25). 5 thoughts on revenue Cycle Management. Retrieved October 8, 2016, from Hospital CFO: https://www.com Singleton, T. (2012, September 10). What Every IT Auditor Should Know About Proper Segregation of Incompatible IT Activities. Retrieved October 8, 2016, from ISACA: https://www.isaca.org Yacht, C. (2016). Compter Acconting with sage 50 2016. New York: McGraw-Hill Education.