Thursday, August 27, 2020

Business and Professional Communication Management

Question: Talk about the Business and Professional Communication Management. Answer: Presentation Reflection report breaks down and create specific aptitudes according to a specific course. Any exchange of learning or abilities picked up is recognized by careful investigation of individual aptitudes and information level. The course that I went to was very much structured that takes care of future vocations of understudies. Subsequently, this reflection diary comprehends the specific aptitude levels picked up during the course work. There are three applicable subject matters picked up during the course, MAT10706, Quantitative techniques with financial, MKT00075, Marketing standards and COM00207 Communication in Organization. A basic surveying of information picked up against every territories have been discovered. Accomplishment of graduate traits While undertaking coursework during graduation there are a few traits that I have picked up. The examination of each property against each course and levels of mastery makes distinction in applicable areas(Burda Wyploss, 2013). I have increased gigantic scholarly thoroughness in field of Quantitative techniques with financial. I have gotten able in breaking down different academic articles and building up a basic survey for the equivalent. While the field of this order is huge I have taken in the properties from countless self improvement guides that was accessible in the library. This field of information has given me moral practice rules which caused me to receive high moral principles in expert and social practice. The control of Marketing standards have furnished me with a few innovative qualities, that permitted me to viably react to scholarly, expert and social challenges(Blythe, 2008). I believe I have gotten capable in this area from my acts of numerous contextual investigations and genuine situational examination. There has been high exchange of picking up relating to the order too which permitted a smooth change which added to mutual and proficient regions. Correspondence in association is a fundamental area that should be educated by every single individual endeavor this course. Correspondence frames the reason for individual and expert achievement. This space has the characteristics of giving deep rooted learning openings that empowers singular capacities to change(DeVito, 2007). It includes an intelligent procedure through data education, self-guided learning and being independent. I have acted examination for this space which mirrors that I am an amateur in the field. Correspondence permits collaborating with individual, groups and expert through network settings. Being utilized in an expert field in any association considers capacity to take care of broadened social settings. Correspondence will empower me to associate with Indigenous just as others from a changed foundation. Basic Reflection on holes in abilities and information In spite of the fact that I have made endeavors to learn and build up my aptitudes relating to all controls inside my course yet basic investigation uncovers certain holes in information. For Quantitative techniques with financial matters I have created capacities however I needs to additionally depend on self improvement guides and diaries for a guided learning experience(Baye, 2006). All teachers in this course given different significant and adaptable hypotheses. However, I have not had the option to build up my insight and ability for this specialized topic. For Marketing Principles I have been profoundly capable in numerous quantities of ways. I believe I have created proficient mentality concerning the area of showcasing with profoundly imaginative abilities. I believe I can without much of a stretch build up this subject matter further to turn into a specialist in the domain(Armstrong, 2014). I have to take help from my educators and companions who have exceeded expectations in these controls to manage me for creating pertinent ideas identified with advertising methodologies. I can without much of a stretch get ready advertising plans and break down cases however I face trouble in taking into account broadened field of creating showcasing techniques. Which can be effectively be created by methods for learning ways, strategies and methodology that contemporary association use. Correspondence is the most applicable field of study in close to home just as expert life. So as to build up my amateur to being a capable individual in correspondence, I intend to embrace a little course in Communication for professionals(DiSanza, 2016). I will consistently keep up a diary and note my regions of upgrades by methods for input from companions and partners. This will permit me to build up my abilities in a composed way. End Self-reflection is a way and strategy that empowers tending to of setbacks in subject matters, aptitudes and ability. Through examination of my own self I had the option to analyze specialized topic wherein I slack and need to improve. The means of enhancements will be applied throughout the following month to such an extent that I am ready to develop as an expert in an association. Through keep up of individual diary in specialized topics and levels of experience I will arrive at my objectives of building up a mastery information and rise as an exceptionally proficient official. References Lists Armstrong, G. A. (2014). Standards of promoting. Pearson Australia. Baye, M. a. (2006). Administrative financial aspects and business technique (Vol. 5). New York, NY: McGraw-Hill. Blythe, J. (2008). Basics of advertising. . Pearson Education. Burda, Wyploss. (2013). Macroeconomics. Glassgow, Gret Britain: BellBrainLtd. DeVito, J. A. (2007). Relational Communication Book. The, 13/E. New York, NY: Pearson International. DiSanza, J. R. (2016). Business and expert correspondence: Plans, procedures, and execution. Pearson.

Saturday, August 22, 2020

Foundation Information Management Systems †Myassignmenthelp.Com

Question: Talk About The Foundation Information Management Systems? Answer: Introducation The organization was built up in 1981 and is recorded in NYSE as universal counseling and IT administrations based association. The quantity of individuals of working for the organization is more than one lakhs ninety 8,000 (Verbeke, 2013). The organization began with a capital of 200 and fifty dollars and has now ascended to approx ten billion US dollar organization with significant level of market capitalization of around thirty four billion US dollars. Generally association business technique The organization follows the accompanying business system: - Building an association case for selection of SOA. Evaluation of big business groundwork for the appropriation of SOA over all sort of three points that are procedure, individuals and innovation. The general evaluation likewise covers the zones like engineering, foundation, administration and the consistence with present SOA based activities (Grover, 2016). Customization according to development model offered by SOA that characterizes the fundamental changes likewise states for the administrations based endeavor with related KPI and furthermore empowering arrangement for the general changes. Data innovation IT technique and how it served to achieve the association business system Following are the IT technique taken up by the organization: - IT technique with an arrangement advancement: making assorted sort of IT systems that guarantees that there is legitimate conveyance of business plan, building business cases that guarantee the count of the conveyance so as to accomplish high business esteem. It is additionally critical to concur with current IT technique that accompanies away from of desires with all the investors and how the system will be executed. Innovation based development: by receiving extraordinary and propelled instruments of IT in a proactive habits clears a method of utilizing the innovation to guarantee that advancement exist inside the business and furthermore happens to incorporate after components: - Empowering the future watch to make business mindfulness dependent on patterns of innovation that gives chances to direct new sort of things or for such a significant number of present things for quicker and less expensive administrations (McGrath, 2013). Assessment of every conceivable favorable position by applying the current arrangement of innovation for the compelling industry process alongside documentation of all sort of dangers or expenses. The IT administrations offer the accompanying: - Setting a significant IT tasks based models for holding IT association Diminishing the degree of security and resource based misfortune with dangers at the hour of moving the proprietorship. Clarify inside and out how the organization utilizes IT to help or empower its activities, serious systems and business forms. The vital heading taken up by Infosys as India is considered as one of the rising organization on global stage and there are as yet numerous sorts of grounds that can be secured by the organization at nearby level too. In light of numerous dependable and believed IT based organization in India, the product business has accomplished a universal status with exceptionally trusted and esteem including administrations worldwide stage (Motohashi, 2015). The organization is additionally known to have the absolute best workforce working all around and this is the reason the organization must concoct a technique for the worldwide stage by pointing on numerous different economies the whole way across the world rather simply constraining the emphasis just on some created nations fundamentally USA. The organization is likewise attempting to come out from its picture as an Indian nation with modest workforce so as to support the income in the global market. It is significant since the organizatio n concentrates more on delegating such a large number of ethnic and multi culture workforce universally. So as to improve the picture of the brand and the globalization, the organization must point on the procedure of normalization of its present programming based items and this is cultivated by posting Infosys on various securities exchanges around the world (Rothaermel, 2015). Data frameworks and innovations for the organization utilized by every office Following are the data framework and innovations for the organization: - Income affirmation arrangements: the secluded substance quickening agent like MCA answers for IPTV setting alongside item advancement focus that offers an interface that exist between the partners just as purchaser based advertising alongside IT. Charging based activities: BPO of the organization furnishes the clients with an adaptable spot by taking an improved plan of action. This further has brought about an all the more quicker strategies dependent on Turn Around Time and significant cost sparing methods for the purchasers (Da Xu, 2016). CRM based methods: in the present time, CRM is a vital piece of the correspondence business. The organization additionally offers a colossal scope of administrations across numerous results of CRM which begins from fundamental organizing of the arrangement to execution alongside post item based help. Difficulties looked by the organization are point on new income model in showcase, convoluted valuing strategies, ascend in channel of productivity with point of the client maintenance and producing the compensation for steadfast buyers. The arrangements gave by the organization are referenced beneath: - Prophet based innovation accommodate an answer where the organization furnishes a pre incorporated suite alongside offering an influence based prophets which is likewise exceptionally exhaustive contributions for the present telecom division. It likewise offers a condition of workmanship based related with the appropriate response that can brood convoluted answers based ideas with model responses to specific clients gives that shows assorted patterns of the business (Heath et al, 2013). Solidification of server farm: decline in number of physical boxes by using innovation of virtualization. Decrease in the degree of complexities of overseeing diverse sort of administrations. The arrangement gave by Infosys to the server farm likewise helps in uniting the arrangement so as to accomplish compelling time the board alongside decline in the expense to bring down level (Raghunath Rose, 2016). Does the organization redistribute its data frameworks? The organization deals with the total redistributing dare to give a particular encounter by assessing the necessities so as to devise a re-appropriating system, convey the preliminary to set the evidence for number of ideas, ensuring that the presentation is best during the change on seaward. The business likewise covers the board of the venture at usage just as business level. Commitment of data frameworks in achievement of the organization Following is the commitment of data framework: The board of hazard: The specialists of Infosys help the IT group and devices that helps in dissecting the present market for the enterprises like banking and account organizations. The hazard the board innovation helps with executing just as appropriately incorporating the procedure that assesses the hazard related information and legitimate degree of liquidity. Laundering administrations for hostile to cash: - ascend in the degree of wrongdoings in banking and other budgetary industry make a ton of interest for security of the client information. The organization and its AML application additionally puts something aside for some banking and money based organization to spare the capital and information (Gupta Dzharova, 2014). Portable banking: the companys banking administrations causes the association to hold the fulfillment level of customer alongside different updates through SMS benefits about the financial detail; Mobile Banking likewise gives a ton of adaptability to the present period of banking industry. Job of CIO in the organization The CIO of the organization who is additionally called as Chief Information Officer alongside the group helps in making right an incentive for the investor through characterizing, organizing and executing for a concurred degree of change in innovation based guide and one that is totally educated by wanted business limits. CIO additionally needs to battle with their powerlessness to frame an arrangement in IT methodologies and business activities. It is normally a test to appropriately express the benefits of the matter of huge scope innovation activity and which regularly observe disappointment in giving on the business case (Gupta Dzharova, 2014). The organization likewise gives official number of warning based administrations to CIO around specific sort of fields which additionally happen to include: - So as to have changes guide it is essential to grow an adjustment with guide that legitimately lines up with association just as with IT objectives. Modernization in innovation: to build up the methodology to set up the innovation with organization based scene. Cost improvement of IT: so as to develop the methodology and actualizing the arranging so as to upgrade its expense. Application dependent on portfolio defense: to grow a technique with legitimization for applications dependent on adjusting the procedures for center business (Gupta Dzharova, 2014). Future arrangements By what method can information mining be utilized to accomplish the objective to build incomes from existing clients? IT can help assorted mining based organizations by assembling in viability to spare the degree of profitability, decline the expense and increment level benefits. Data innovation is performed by giving significant advancements alongside right applications to assist the organization with right sort of knowledge so as to improve the system, to procure business favorable circumstances and furthermore serious universally (Gupta Shapiro, 2014) Reference Da Xu, L. (2016, October). Keynote Speeches-3 modified works. InAdvanced Information Management, Communicates, Electronic and Automation Control Conference (IMCEC), 2016 IEEE(pp. 1-7). IEEE. Grover, V. M. (2016). Arrangement of Business Strategy and Innovation Strategy: Strategic Benefits.Imperial Journal of Interdisciplinary Research,3(1). Gupta, S., Dzharova, H. (2014). Advancement and adjustment: Continuing the Infosys venture: In discussion with SD Shibulal,

Friday, August 21, 2020

Ethical Problem Solution Essay Example | Topics and Well Written Essays - 750 words

Moral Problem Solution - Essay Example Here, I need to make reference to that the spouse of the specialist was pregnant and she was conceded in an emergency clinic sitting tight for her conveyance in a day or two. Returning to the circumstance, the advisor was caught up with organizing patients’ records when the assistant went into the room and informed him regarding a call hanging tight for him. The call was from his relative who informed him regarding his wife’s basic condition in the conveyance room. The news made the specialist frenzy and he needed to leave the center so as to see his significant other who was in the emergency clinic. The specialist was going to leave the facility when a man went to the center alongside his child who had serious torment in his correct leg caused because of a physical issue. The man mentioned the advisor to check his child and recommend an appropriate treatment plan. The circumstance turned out to be extremely basic for the advisor on the grounds that on one side there wa s his better half who was in genuine condition in the conveyance room while, on the opposite side, there was a kid who had serious agony in his leg. Along these lines, it turned out to be hard for the specialist to choose whether he should surge towards the emergency clinic or not. How is this An Ethical Problem? This is actually a moral issue on the grounds that, as a physical advisor, it is the obligation of the specialist to check the patient and give him appropriate treatment regardless of how genuine the circumstance is. However, one thing to be considered is that an individual ought to likewise think about their perspective before taking any choice. The psychological condition of an individual can lead an individual take various choices. For our situation, the state of the therapist’s spouse would not have let him focus on his activity appropriately. Being an expert, the specialist ought to have helped the patient reestablish his physical portability before leaving for the medical clinic. Approaches to Handle This Problem There are two different ways for an individual to manage this sort of circumstance. First route is to check the patient first and afterward leave for the clinic though the subsequent path is to leave for the emergency clinic requesting that the patient come later. The outcomes of the principal arrangement can be the inappropriate treatment of the patient on account of the upset perspective of the advisor while the results of the subsequent arrangement can be the poor notoriety of the specialist. An advisor needs to think more towards his activity duties when contrasted with different issues of life. How the Problem Could Have Been Avoided?

Tuesday, May 26, 2020

What Everybody Dislikes About Common Property among People Aristotle Essay Samples and Why

What Everybody Dislikes About Common Property among People Aristotle Essay Samples and Why The Number One Question You Must Ask for Common Property among People Aristotle Essay Samples On the flip side, Thucydides does not trust the frequent man with leadership. Aristotle presents several other main explanations for why Platos republic is not merely unreachable but likewise unrealistic. They were both excellent western philosophers. He's ranked with Socrates and Plato to be among the most well-known philosophers. Aristotle, like Plato, believes that a man or woman isn't self-reliant. This contradicts the Confucius views on virtue that they need to be practiced for the interest of virtue only. According to Aristotle, in platonic communism there's no obvious explanation along the way the decrease class is supposed to live. So, superior temper is connected to system, while bad temper is connected to chaos. The superior solution would be to agree on specific time to go over the problems that appear, otherwise anger is likely to explode and have more severe consequences. Speaking openly about anger is rather different from insulting another individual. Thus, it is the result of lack of discipline and emotion control in this case. Anyway, he believes that moderate anger is a symptom of masculinity, so it ought to be utilised in proper circumstances. Expressing emotions in an adequate manner is an art which is worth studying. The implication of this discussion is to establish if there is a sort of relationship between both philosophers' thoughts. For instance, if spouses are not able to express their anger that's inevitable, their marriage can be in danger. The Common Property among People Aristotle Essay Samples Chronicles It's based inside this reasoning that Confucius teaches that if folks learn to be useful, they become people of ren. InAristotles view, the philosophers aren't the sole folks in a place of thought as you will discover various kinds of know-how. Aristotle states that you couldnot be content with a great deal of friends because they're not true buddies. This objective is to justify to everyone why the Greek society ought to be as he states. This differs from current leaders that are career politicians whose motivation is create wealth at the cost of the citizens. This isn't an instance of the work generated by our Essay Writing Service. Well, the truth of the situation is that some things just cannot be explained, they simply happen for a reason and that's the way they are created. Instead of leaning toward a distant ideal, it is preferable to live between both extreme conditions of that feature. Each material thing is just a representation of the actual thing that's the form. He claims that they just meet in assembly when it's important and urgent due to the work they have. And, the last cause, the intended purpose of a construction or invention. For example, if someone hurt you or your close folks, it wouldn't be smart to put up with the circumstance. The main approach to institutionalize rules is via government and in the kind of laws. Put simply, you can be useful in 1 situation, but the exact action might not be good in another, no matter what the rules are. He believes it is foolish if someone is not angry whenever there is something to be angry for. In the same manner, when someone is never angry, this signals of weak will and bad character. What You Can Do About Common Property among People Aristotle Essay Samples Starting in the Next 3 Minutes The main reason why a best state is needed is to guarantee the occurrence of Justice. He argues that in this form of democracy there's no revenue. It seems that the only classes that are permitted to take part in government are the Auxiliaries and, naturally, the Philosopher Rulers. The reduce class doesn't partake in politics since they aren't mentally able. Aristotl es view, however, states that if there's no limit to child parenting, there'll be overpopulation, which results in poverty. Though it's not his principal point, it certainly is at the crux of his discussion of the perfect state. Plato believes that a very good education program is vital to help in the distribution of wealth. In the most frequent ethical issues we find this exact same quandary. This discussion is thus very interesting. His argument claims there are distinct classes in society, but they're naturally defined.

Friday, May 15, 2020

Research Methodology For Academic Journal Articles

Moreover, the types of research questions and its understanding can be significant in determining the research methodology. Abstract The primary goal of this study is to systematize the knowledge in the area of different research methodological approaches applied in academic journal articles, assess their usefulness and present the results of the analysis. Key words: qualitative research, quantitative research, mixed method research Introduction Defining a case study method indicates the problem and entails choosing/finding a solution to solve it. However, to answer research questions it is vital to demonstrate deep consideration of the elements related to particular research design, as well as to show the ability to reflect upon research philosophy and approach to theory (Easterby-Smith et al., 2012; Eisendhardt, 1989). In business and management research a regular investigation not only leads to solving business problems, but also contributes to management knowledge (Edmondson and McManus, 2016). There are different methods solutions as well as various ways of conducting them. Based on literature review, we can distinguish qualitative, quantitative and mixed research methodological approaches. Despite the fact that the quantitative method based their theory on previous observations and findings, where the second uses findings and observations to test the already existing theory, these two methodological approaches are not mutually exclusive. The scholars not only defineShow MoreRelatedAcademic Research Reflection1203 Words   |  5 Pagesimportant aspects of conducting a research project is maintaining the ethics of academic research and producing a paper that is free of plagiarism. For a researcher to complete his or her study, it requires referencing the work of others who have analyzed the variable of the topic previously. This gives insight into the problem and makes the research paper more concrete and thus provides more depth to the analysis. Hence, several universities and accredited academic institutions have developed theRead MoreThe Effects Of Support Staff On Pupil Engagement And Individual Attention 1502 Words   |  7 Pagesassignment will critically evaluate the quantitative article entitled ‘The effect of support staff on pupil engagement and individual attention’. Due to the limited word count the assignment will focus on the key strengths and weaknesses within the article, highlighting bot h the ontological and epistemological stance taken by the authors. From the evaluation of the article the assignment will conclude as to whether the study has effectively answered the research questions and if it has any impact on the futureRead MoreStandardization in International Marketing Strategy Is Doomed to Failure: Literature Review and Methodological Critique1577 Words   |  7 Pagesand therefore a standardized approach to company operations, productions, marketing and other functions is feasible and advisable. This review focuses on a limited number of articles written since the first issue of standardization that addressed the aspect of advertising by Elinder in 1961, and selected from the main journals in business and management theory. There has been an ongoing debate about positive and negative aspects of business strategy based on total standardization across national marketsRead MoreScholarly Bibliography On Scholarly Journals Essay866 Words   |  4 PagesScholarl y/academic journal Scholarly journal, also called as academic/scientific/refereed journal or very often peer-reviewed journal, is a peer-reviewed/refereed periodical in which scholarship relating to a particular academic discipline is published. Academic journals serve as forums for the introduction and presentation for scrutiny of new research, and the critique of existing research (Blake Bly, 2000). Scholarly article/paper Scholarly paper/article, also called as research and academic paper/articleRead MoreBidging The Gap Between Scholarship And Practice1200 Words   |  5 Pagesanalysis of the above journals will follow the same chronological order as the historical perspectives above. Two issues from each journal published within the last three years will be described and analyzed. Public Administration ReviewPAR volume 76 issue 1 was published in January/February 2016, volume 77 issue 2 was published in March/April 2017. Generally, one of the most noticeable aspects of these issues was the application of their goal to bridge the gap between academics and practitionersRead MoreThe Importance Of Knowledge, And Attitudes Toward Evidence Based Practice Among Nursing Staff770 Words   |  4 PagesThis is a review of the academic nursing research article entitled Use, Knowledge, and Attitudes Toward Evidence-Based Practice Among Nursing Staff which was published in the Journal of Continuing Education in Nursing in 2013. The article will be examined with regards to methodology, data analysis, as well as resulting correlations and conclusions that the authors identify in their discussion. The article provides information based on responses from a questionnaire regarding nurse s attitudesRead MoreMethodology And Positive Evaluations Of After-School Art Programs1195 Words   |  5 Pages This academic journal article covers the methodology and findings from two different After-School art programs. The National Arts and Youth Demonstration Project (NAYDP) in Canada and The Tampa Arts and Youth Demonstration Project (TAYDP) in the United States. The TAYDP was ideally compare to the Canadian After-School art program because of its similarities with children from low-income multicultural communities. This program report represents one of the few well-controlled evaluations ofRead MoreThe Effects Of Sleep Deprivation On Academic Performance852 Words   |  4 Pagesundergraduate student that is also affected by the lack of adequate sleep. Topic Definition Development For the Research Review Article, I wanted to understand how sleep deprivation affects undergraduates’ academic performance. My topic question is as follow: What is the underlining cause of sleep deprivation in undergraduate students how does this phenomenon negatively affects their academic performance? It is well known that poor sleep pattern is a common trend in college students. What I am seekingRead MoreJournal Article Analysis Essay example1577 Words   |  7 PagesJournal Article Analysis tgkoontz University of Phoenix Abstract A Week 3 assignment in the class, PHL/717 Constructing Meaning, required a philosophical analysis of an article in the Journal of Psychology. The article investigated how the connection between knowledge and learning influenced individuals to think about controversial everyday issues. The analysis included identifying philosophical assumptions, explaining practical significance and applicability, and relating assumptions andRead MoreShould Animals Be Used For Scientific Experiments?1189 Words   |  5 Pagesdiabetes, and saved millions of lives (MacGill: par. 1, 2016). So, where do we draw the line from justifying the use of animals for scientific research to benefit man, to giving them the right to live life alongside man? This brings up the debate: should animals be used in scientific experiments (â€Å"†¦procedures performed on living animals for purposes of research into basic biology and diseases, assessing the effectiveness of..† Humane Society International)? Th is debate has been going on for centuries

Wednesday, May 6, 2020

Review of Accounting Ethis Assignment Example

Essays on Review of Accounting Ethis: Assignment Assignment Review of Accounting Ethics: Assignment Table of Contents Introduction 3 Satyam Computer Services Ltd. and the Accounting Scandal 4 Connotation of the Accounting Scandal Recommendation 5 Conclusion 6 References 7 Introduction The principles of business ethics help companies to increase their positive outcome, while lessening the ill impacts of their business activities on the general public. Even if, business ethics is frequently used as a substitute of corporate social responsibility, it is important to note that business ethics is chiefly associated to business decisions that the society considers as right or wrong. The implication of accounting ethics in the interest of the society is larger than before in the contemporary aggressive business environment. The concept of accounting ethics had developed recently post the occurrence of number of high profile corporate scandals that resulted in the collapse of organizations like Enron and Worldcom. Governments have also been endeavouring to increase the regulation and monitoring of companies in order to ensure the safety and protection of the interests of the common investors and the preservation of business ethics as well as social responsibility in the business environment. It is now obligatory for publicly listed companies to issue their audited annual accounting reports, consisting of full financial information of the company. The primary objective of business ethics monitoring consists of the formulation of regulatory policies that aims to safe guard the interests of the society as a whole. Thus, in comparison to the past, the present busines s and regulatory environment is relatively more conductive to ethical behaviour. In this study we would focus on the recent accounting fraud in Satyam Computer Services. Satyam Computer Services Ltd. and the Accounting Scandal The company was instituted in India in the year 1987 by B. Ramalingla Raju, the founder and chairman of the company. The company operated in the information technology as well as business process outsourcing across a number of industries. From the year 2003 to 2008, the company performed really well in terms of finance as well as business. It realised a decent yearly compound growth rate during that five year period and its revenue during 2008 was over $2 billion. However, during the later parts of 2008, it was found that the Chairman of the company had actually tunnelled the profits of the company by means of self-dealings. The actual profits of the company were much higher that were revealed in its financial statements. The chairman used the hidden profits for personal benefits, and had also opened large number of fictitious salary accounts of non-existent employees and used that fund for private dealings. Moreover, none other than the Chairman and his immediate family had access to complete company information. This was a case of grave negligence and non-conformation of the accounting and auditing standards, which every corporate organization is supposed to follow. As result, the main loses in this case were the small investors while the promoters of the company benefitted illegitimately. As a result of the disclosure of the accounting scandal, companies like Merrill Lynch as well as State Farm Insurance discontinued their associations with Satyam. Additionally, the share price of the firm fell to an all time low owing to the scandal. Following this the board of the company was dissolved and new nominal directors were hired by the Company Law Board. Nevertheless, the business operations of Satyam were acquired by Tech Mahindra during April 2009 to form a company named ‘Mahindra Satyam’. The Satyam case was contradictory to the Enron Scandal where the managers of the company conducted accounting fraud in order to hide the losses of the company. In the Enron scandal case, Jeff Skilling and Ken lay, two of its Chief Executive Officers were guilty of intentionally keeping away from being familiar with the illegal and unethical dealings that were occurring in the firm. The management of Enron overlooked the corporate governance policies and accounting ethics standards, and allowed Andrew Fastow, its Chief Financial Officer, to establish private partnerships to carry out dealings with Enron. Actually, the dealings with these partnerships were utilised to hide the losses and debts of Enron, and hence the published incomes of the company were incorrect and inflated (Vinten, 2002; Jickling, 2002). In case of Satyam also, private partnerships were used. However, unlike Enron, here they were used by the Chairman of the company to use or shove away the profits of the company, which originally belonged to the stakeholders, for individual benefits. Thus, it can be drawn that the Satyam scandal was an exclusive case of disregard of fiduciary responsibilities, total negligence of ethical norms and absence of corporate social responsibility by the promoters of the company (Shihur, 2011). Connotation of the Accounting Scandal Recommendation Conformity with the audit standards is an obligation that every corporate organization is required to abide by. The audit report is an autonomous report prepared by external auditors after collecting and evaluating facts in context of publications and statements about the financial activities and dealings of the company. Following the assessment, the auditors determine the extent of abidance between the declarations made by the company and the necessary auditing standards, and establishing their view through the audit report. The quality and dependability of audit report and observance to the approved practices of audit standards has been a subject of debate in the corporate surroundings. Observance to audit standards practice assists a corporate firm to trim down risks as well as optimize its business performance simultaneously. In the modern day competitive business environment that demands for a strict regulatory setting, adherence to audit standards and policies assists companies to uphold in the long duration (Samontaray, 2010). The function of audit committee is very vital in the observance of audit standards. The audit committee as well as the audit firm should correspond and be in touch with each other at every stage of the audit procedure. The participation of the audit committee is very important in the planning phase of the audit process. Even if the audit plan is the accountability of the auditor, it is very important that the audit committee understands the plan entirely. In doing so, the audit committee can broaden the range of the audit if necessary, after discussions with the auditors (Hoitash et. al., 2009). An independent audit committee is a chief ingredient of a strong corporate governance configuration. The members of the audit committee have to typically focus on meeting with the exterior auditor and make sure that quality of the audit service is preserved. The audit committee is required to increasingly evaluate the functioning of the auditor all through its period of engagement as well as during the development of the audit. The audit committee has to ascertain that the standards for evaluation of performance are extensive enough to incorporate the value conveyed to shareholders along with the audit (Hoitash et. al., 2009). Conclusion The subject of accounting ethics is related with the jobs and responsibilities of a company’s Board of Directors in managing the business and their relations with the organization’s shareholders along with other stakeholders. Typically, in any corporate firm the full time executive directors hold far-reaching powers in terms of the dealings and matters of the firm, they are paid to manage on behalf of the shareholders. However, the executive directors might not constantly bear the interests of the shareholders in their mind whilst performing their executive responsibilities. As seen in the case of Satyam Scandal, the Chairman was fudging the accounts of the company for years and it did not come to the notice of other members in the management. Consequently, this has become crucial to make the directors more accountable for their strategies and actions. The enclosure of non-executive or independent directors in the board of a firm and the incorporation of an efficient Au dit committee are imperative to control the occurrences of accounting scandals and maintenance of ethics. References Hoitash, U., Hoitash, R., Bedard, J. C. (2009), Corporate Governance and Internal Control over Financial Reporting: A Comparison of Regulatory Regimes. The Accounting Review, 84(3): 839-867. Jickling, M. (2002). The Enron Collapse: An Overview of Financial Issues. CRS Report for Congress. Shihur, S. (2011). Tunneling vs Agency Effect: A Case Study of Enron and Satyam. Vikalpa, Volume 36, No 3. Samontaray, D. P., (2010). Impact of Corporate Governance on the Stock Prices of the Nifty 50 Broad Index Listed Companies. International Research Journal of Finance and Economics, Issue 41. Vinten, G., (2002). The Corporate Governance Lesson of Enron. Journal of Corporate Governance, Vol. 2(4), pp 4-9.

Tuesday, May 5, 2020

The Dumbest Generation free essay sample

Are we the dumbest generation? I don’t think there is a right or wrong answer. I believe in some ways we are the dumbest generation, but in other ways we are not. We have the capability of being the smartest generation, but we have more motivation for other things. It all depends on the individual. I don’t think that grades can accurately represent the intelligence of a person. I think we are just different from other generations. We are more advanced in technology, and that could either be considered a good thing, a bad thing, or both; depending on how we use it and the amount of time we use it. Technology is very useful to us. It helps us with almost every single thing we need or want to know; it helps us find the answers. Just because there is a new and faster way to find information doesn’t make us stupid. We will write a custom essay sample on The Dumbest Generation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In fact, it makes us smarter. Who wouldn’t want to use something that is faster and easier? Teenagers are busy with sports and other activities, but I do still think that school should be first priority. Our technology can cause problems for us. We think we can multitask and do other things while we should be focusing on our work. Doing several things at once feels very productive. But switching rapidly between tasks can actually slow us down. (http://www.npr.org/templates/story/story.php?storyId=95524385) It’s hard to productively work on something when we are distracted. But are we distracted? Or are we just bored with our work? I think if we can do something fun while we’re doing something not so fun, we will do that to make it less painful. Are we really stupid? Or are we just lazy? I think we just don’t care as much as we should about our education. We care more about our social life because that’s what is exciting to us. Teachers can get more out of us if they try harder to relate to us. But they should also guide us in the right direction to help us create a better future. Addictions to video games and facebook are very problematic. These things should be in your free time, it shouldn’t take over your life. There are much better things to do. There are nearly one million teen pregnancies each year. (http://crihb.org/files/statistic_on_teen_pregnancy.pdf) This does not show how smart our generation can really be. Most teenagers aren’t ready to have sex, or aren’t ready to deal with the consequences of having sex. We should wait for our mind and our bodies to mature, but we choose not to. We obviously need to take better care of ourselves. Students spend $5.5 billion on alcohol each year. (http://www.soundvision.com/info/teens/stat.asp) Clearly we are not concerned about doing dangerous things that could harm ourselves and or others. All we care about is having fun. This does not make our generation look intelligent. Our generation is perfectly capable of being the smartest generation. We just choose to put more energy into other things. It all depends on how motivated we are to be better. I think that more and more people are starting to give up, which makes it hard for our generation to be successful. I believe in some ways we are the dumbest generation, but in other ways we are not. What do you think?