Evaluation of a Business Code of Ethics - 1271 Words

Evaluation of a Business Code of Ethics, The Hershey’s Company PHL/323 Mission Statement Hershey’s Mission Statement noted here, (Social- Responsibility/Marketplace) â€Å"Bringing sweet moments of Hershey happiness to the world every day,† Provides the focus of all operations within the Hershey’s Company. Although Hershey’s mission statement provides a simple goal that encompasses acknowledgment of global market share with the sweet moments of happiness provided in every aspect of Hershey’s daily†¦show more content†¦Hershey’s responsibility to its customers involve faith and trust that Hershey’s will continue to provide the highest quality product while continuously striving to develop new and exciting products while maintaining the highest ethical standards in marketing ventures and operational practices. This area of responsibility demonstrates an acknowledgment of consequence based ethics system as neglecting the area of responsibility to customers initiates certain progression to business f ailure. Consequence-based Ethics is defined by, (Matravers, Matt, 2000, p.12), â€Å"Ethics or Consequentialism as† Consequentialism (of which utilitarianism is a particular variety) holds that the justification of any action is to be found in its consequences. A straightforwardly utilitarian theory holds that an act is right only if its consequences are as good as or better than those that would have resulted from any alternative action (including doing nothing)† If a company does not do what success demands failure is the consequence. To The Marketplace Deal fairly with business partners and suppliers to provide mutually beneficial endeavors that enhance the image and profitability of parties involved, while treating all competing companies with the highest respect and fairness. Hershey’s understands that competition benefits everyone as fair andShow MoreRelatedEvaluation of a Business Code of Ethics Essay1369 Words   |  6 PagesFirst Energy and the B usiness Code of Ethics PHL/323 March 7, 2011 First Energy and the Business Code of Ethics First Energy prides itself on the ethical standards it has created. These standards are the basis that builds upon the trust between customers, shareholders, employees, and the surrounding communities. First Energy encompasses more than five states and supplies millions of customers. As a service company, First Energy expects its employees to adhere to a workplace free of harassmentRead MoreCode Of Ethics And Ethics Essay1704 Words   |  7 PagesCode of Ethics Implementation A Code of Ethics is regarded as the written guideline to the moral constitution of an organization ( ). The Code of Ethics (Appendix A) outlines the rights, duties, responsibilities, and a benchmark for the organization and its evaluation (Mihai Alina, 2013). It contains behavioral principles and rules of conduct that aids in the decision-making processes and balances the stakeholders expectations and interests against corporate responsibilityRead MoreIt301 Unit 9 Project Kaplan989 Words   |  4 PagesUnit 9 Project Part 1: Vendor Evaluation BenchmarkVendor Evaluation Benchmark | | | Dell | HP | Acer | Toshiba | Asus | Evaluation Criteria | Weight | Raw score | Weighted Score | Raw score | Weighted Score | Raw score | Weighted Score | Raw score | Weighted Score | Raw score | Weighted Score | Product Quality | 4 | 5 | 20 | 4 | 16 | 3 | 12 | 4 | 16 | 5 | 20 | Product Capabilities | 5 | 4 | 20 | 3 | 15 | 3 | 15 | 3 | 15 | 5 | 25 | Business Experience | 3 | 5 | 15 | 5 | 15 | 2 | 6Read MoreHr Functions and Organizational Ethics1261 Words   |  6 PagesHR Functions and Organizational Ethics HRM/427 Dr. Donovan Lawrence September 5, 2010 Human Resources professionals are responsible for several roles in the workplace, including implementing and managing policies, recruiting and retention, and training and development. The HR department is responsible for making sure that organizations conduct business ethically and that shareholders are treated ethically. The HR department must be able to monitor compliance with federal and stateRead MoreOrganizational Ethics934 Words   |  4 PagesWeek Three Managerial Ethics †¢ Identify typical ethical problems of managers. †¢ Recognize differences in ethical behavior and responsibility between an employee and a manager. Course Assignments 4. Readings †¢ Read Ch. 6 7 of Managing Business Ethics. †¢ Read this week’s Electronic Reserve Readings. 5. Learning Team Instructions †¢ Begin preparing for the Ethics in the Workplace Case Study Action Plan Presentation due in Week Five by reading one of the following case studiesRead MoreIntroduction. A Code Of Ethics Is A Formal Statement Of1343 Words   |  6 PagesIntroduction A code of ethics is a formal statement of what your business prospects in the way of ethical behavior. Ethics and its unique social function to influence the development of an organization. In the organization, ethics as a correction of people s behavior and soft interpersonal constraints, it can make employees clear justice and injustice and a series of independent moral and moral boundaries, so as to have a clear view of right and wrong, good and evil, improve the efficiency of moralRead MoreExternal Controls Of Small Business Administration1187 Words   |  5 PagesExternal controls of Small Business Administration There are two general approaches to maintaining responsible conduct within public organizations: internal controls and external controls (Terry L. Copper, 2012). In the SBA, there are lot offices can help this agency to do well on the internal controls, they through training, education, formal and informal exchange of ideas and so on to maintain ethical conduct. On the other hand, how are its external controls? From we learn in the class, we knowRead MoreThe Importance Of Management And The Success Of A Company1192 Words   |  5 Pagesanchor point in understanding the importance of management for the success of a company, we need to understand that the world has become a globally linked environment, economic freedom has uncompromisingly lifted the barriers between countries. Evaluation In order to deal with the ever growing changes in competition in the market, the company must take into consideration the speed, efficiency, and other conditions in the operation of strategies, and in crossing these socio economic barriers managementRead MoreEthical Decision Making The Acme Way Essay1021 Words   |  5 Pagesbest to break the phrase up. What is the definition of ethics? According to the website businessdictionary.com (2011), ethics are â€Å"basic concepts and fundamental principles of right human conduct.† It stands to reason that ethical decision making is the ability to make decisions based on core or base principles of correct human conduct. We at Acme Toy Company depend on employees at all levels to make the â€Å"right† choices when it comes to business decisions and their own conduct. How do we support themRead MoreEssay on Empirical Literature Article Review of Leadership Ethics1195 Words   |  5 PagesReview of Leadership Ethics Lillie Johnson LDR 800, Ethical Dilemmas and Stewardship June 4, 2013 Empirical Literature Article Review of Leadership Ethics The opportunity to evaluate original research serves as one of the many foundations to both scholarly writing and research (Grand Canyon University, 2013). Therefore, to enhance this process I will critique empirical research articles for the purpose of demonstrating the effectiveness in understanding leadership ethics. So, using the literature

The Story of Cain and Abel(Summarized) Essay - 632 Words

The Story of Cain and Abel(Summarized) Generally, when believers in Christianity hear the word Cain, they immediately think of brother-slayer, hell, and all sorts of evil. Who was Cain and what led him to be a brother-slayer? In my essay, I shall tell the tragic story of two brothers and how their brotherhood ends in utter destruction. This story shows how just one ounce of jealousy can cause cold-blooded murder. Cain was indeed the cause of his brothers brutal murder. The story of Cain comes from the Old Testament in the Bible. Adams wife, Eve, becomes pregnant and has her first child, who is truly insincere, selfish, and later on, commits the ultimate taboo; he murders his own flesh and blood. This childs name is Cain.†¦show more content†¦The Lord then asks Cain why he is frowning. He says to Cain that if Cain had done the correct thing, he would be happy and smiling, but since his conscience is impure, he is unhappy. A few days later, Cain says to Abel, Lets go out in the fields (Genesis Ch.4: 8). While they are out in the field, Cain murders his one and only brother. The Lord asks Cain where Abel is, and Cain lies, claiming he does not know. The Lord knows he is lying and places a curse on him. This curse prohibits him from growing any more crops on his land. If Cain does attempt to grow crops, nothing will come to harvest. In my opinion, the Lord is not harsh enough because He puts a mark on Cains forehead as a protection from death. No person can kill him. If anyone tries, seven lives will be taken. This is Cains punishment for the killing of his one and only brother. In the story of Beowulf, all evil things, such as the monsters, Grendel and his mother, and later on the dragon, are referred to as descendants of Cain. In the Anglo-Saxon period of Beowulf, all evil was believed to exist because of Cain. Beowulf is the Savior, who represents good, who fights all evil in order to sustain happiness of all the people. He is the hero of all heroes. Once he takes a vow, he stands by it. This story of Cain and Abel is in the Old Testament of the Bible. Many Christian followers, just as the Anglo-Saxons did, still look upon this story as an important moral teaching. ThereShow MoreRelatedLee’s Function in East of Eden: a Spokesman of Steinbeck’s Thought and the Oriental Philosophy2968 Words   |  12 Pagesowner of a grocery store, a flip-flopping old Chinaman who is not identified by name in Cannery Row, and Lee, who appears in East of Eden. Though these Chinese characters may respectively perform significant functions in their own rights in their stories, the one who particularly warrants considerable attention among these characters is Lee, who is more active and more influential in determining the fates of the major characters in the novel. Moreover, it is noteworthy that Oriental philosophy, whichRead MoreWRSP 510 Book Review Paper5258 Words   |  22 PagesKurt Anderson Book Report WRSP 510 Biblical Foundations of Worship (On Line) Mathena, G., One Thing Needful. Chapter 1: One Thing Needful Summary: In Mathena’s insight into the story of Mary and Martha he observes, what I will call the three C’s, in Martha. This story illustrates Martha’s â€Å"commendable† act as she desires to serve Christ as she wanted this meal â€Å"to be her very best.† Her actions are also, â€Å"condemnable†, as her activity takes priority over her relationship with Christ. Lastly, thereRead MoreBible Versus the Toran12356 Words   |  50 PagesDescription of defeat and fall of Jerusalem 4. EZEKIEL - He ministered to the Jews in captivity in Babylon. Description of the end of times. 5. DANIEL - Many visions of the future for the Gentiles and the Jews. (MINOR PROPHETS - 12 BOOKS) 1. HOSEA - Story of Hosea and his faithful wife, Gomer. Represents Gods Love and faithfulness and Israels spirtual adultery. Israel will be judged and restored. 2. JOEL - Proclaims a terrifying future using the imagery of locusts. Judgement will come but blessingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesDo? 516 Culture’s Functions 516 †¢ Culture Creates Climate 516 †¢ Culture as a Liability 517 Creating and Sustaining Culture 519 How a Culture Begins 519 †¢ Keeping a Culture Alive 519 †¢ Summary: How Cultures Form 523 How Employees Learn Culture 523 Stories 523 †¢ Rituals 524 †¢ Material Symbols 524 †¢ Language 524 Creating an Ethical Organizational Culture 525 Creating a Positive Organizational Culture 527 Spirituality and Organizational Culture 529 What Is Spirituality? 529 †¢ Why Spirituality Now? 530

Thesis Paper on Social Networking - 1552 Words

Emmanuel Colon Mrs. Albuquerque English IIII 22 March 2011 Social Networking Social networking has been around for years whether it’s facebook, twitter, youtube, myspace, etc. It has been studied since the beginning of the 20th century. A social network service is a web site that allows people to create a public profile for everyone to see. There are both positive and negative effects of social networking. Facebook is the most used and populated website on the web. Facebook was launched seven years ago and has already attracted over a half a billion people around the world and it still continues to grow. Three years ago facebook wasn’t as a popular as it is now with only 8 % of the U.S. population signed on to facebook. Today, more than†¦show more content†¦However, there are also some negative aspects of social networking. Some people tend to get cyber bullied on the internet. A child or teen usually gets tormented, threatened, harassed, humiliated, embarrassed, or targeted by another child or teen using the internet or even on mobile phones. Some people commit suicide because of the mean things that people say to them. For this to not happen the best thing to do is delete the account and stay offline for a while until the stalkers have gotten tired of the whole thing. However, you should report it to the police before doing this. It can also lead into depression. Some people tend to make fun of others such as calling them ugly or fat. This may tend to make that person emotional and depressed and may lower their self-esteem. Although their self-esteem is already low this can lead them to committing suicide. Teens like their own privacy no matter what it is they’re doing. Sometimes they just need to be left alone. That’s another thing about cyber bullying. Some strangers invade on others privacy. Some strangers may want to help teens with the problems they are facing, but if you can’t help them at least do not harm them. There are many ways for people to communicate such as, chat, messaging, email, video, voice, fileShow MoreRelatedEntrepreneurship And Long-Term Relationships For A Startup Company856 Words   |  4 PagesThese are (5) main areas of your paper on which you must focus for developing the writing for your paper and this is the order to follow: Throughout the course, you have been deepening your understanding of public relations through the lens of entrepreneurship and the importance of building and developing networks to sustain long-term relationships. For this assignment, imagine you have established a small company and you are looking to expand your business in its current field or into related fieldsRead MoreCritical Skills And My Writing Assignments901 Words   |  4 Pagesthoughts down on paper. As the quarter continued to go ahead, I learned about several ways to organize the main points of the essay.. In most of my earlier writings I had difficulties with organizing my thoughts and writing them down in a cohesive way. For instance, in one of my writings about Social Networking, in my outline; I planned to talk about the 2 negative effects of social networking and 1 positive effect however, the order of combining my thoughts did not match the thesis statement I plannedRead MoreThe Cause Of The Problem In The University Campus Network1095 Words   |  5 PagesI started gaining research experience during my undergraduate program after taking a networking course. Then, with my personal studies on routing and switching, I established a serious interest and anxiety to know why our campus lab’s network was always down. It was a serious research issue because I bent on knowing the cause of the problems and possible solutions to solve such problems. It was then that I disco vered that the problem in our University Campus network had to do with security issuesRead MoreAnalysis Of M. Nick Hajli s M 1067 Words   |  5 PagesAlexis Safoyan Professor Armstrong ENG123 O 8 October 2015 Source Evaluation 1. Thesis- The author, M. Nick Hajli, succeeds in conveying to the reader the ways in which social media provokes social interaction amongst society. Hajli specifically states that he strives to â€Å" ...show how social media facilitate(s) the social interaction of consumers, leading to increased trust and intention to buy† ( Hajli, 387) . Furthermore, Hajli accomplishes his goal of displaying the significance of trust on theRead MoreThe Perils Of Social Networking Essay1404 Words   |  6 PagesMy possible topic is the Perils of Social Networking. five questions about it include is social networking used as just another way of seeking validation and acceptance in order to define who we are? Does social networking provide a way to compare our images and accomplishments with another’s instead of connecting with them or complimenting them, and how do we deal with our feelings about that? How does social media affect what we care about, such as how liked and accepted we are in real life comparedRead MoreAdrian Casinillo. English 27 Nb. Andre Dominic Peralta.1431 Words   |  6 Pagesfeet to the library. It turns out that students and teachers are actually using the Internet for educational purposes. Nagal (2007) The people are usually spending their time playing online games and doing social media, but they are also make researches for their assignments, projects, thesis statements and many more. Since the development of the Web, it has turned into a critical medium of correspondence and an examination and recreation apparatus. The reason is that it provides manyRead More22084111 57351200 Essay1359 Words   |  6 PagesBianca Perez 22084111 7/24/15 June 10, 2015 - ENTRY 1: Me, a Writer? Attitude: Writing has never been my thing, at least when it comes to essays and research papers. It can take me awhile to get my ideas flowing. I’m very excited to complete this course so I can become a better writer. Although I often don’t like writing research papers or essays, I don’t feel that any personal feelings towards writing will have any negative effects on my quality of work. I’m looking forward to what this courseRead MoreSocial Networking: Does It Do More Good to Us Than Bad1063 Words   |  5 PagesSocial Networking: Does it do More Good to Us than Bad? Social Networking, a word so common among youngsters in the present has somewhat taken over their world. It has become so popular among the hip and young society of today, that it has become almost a way of life for them. Walk into any college computer lab in the US and you’re bound to see dozens of students logged onto a social network (SN). In the last few years with faster intern et connections coming into service, the use of social networksRead MoreThe World Of Art When I Was A Young Boy1606 Words   |  7 Pageswork would like everyone else and you would not be able to stand out. Networking Networking is the most important factor in any industries. Alicia stated in the interview that personal contacts are very important, if you know more people, and your work is good, you are more likely to be recommended by them. I believe it is an important key aspect because no matter how good you are, if you don t have any kind of networking, you wouldn t be able to get recognized for your works and achievementsRead MoreEssay Outlne on Cyber Bulying on Social Networks855 Words   |  4 PagesOUTLINE ON CYBER BULLYING ON SOCIAL NETWORKS Cyber Bullying through Social Networks ENGL107-1103B-23 2011 I. Thesis Statement: Social Networks are giving bullies an opportunity to attack individuals online by invading their privacy and creating psychological effects from attacks. These problems need to be addressed by controlling and preventing cyber bullying. II. Social Networks create an open access towards exposing individuals’ personal information Social networks allow individuals to

Media Violence And Children By Jeff J. Mcintyre - 1765 Words

Popular culture impacts our everyday lives. It influences us into falling for advertisements that makes us want to buy a product or change our way of thinking. For instance, television, a vital key in popular culture, promotes topics that mold our minds for better or for worse especially in children. In the article, â€Å"APA Congressional Testimony on Media Violence and Children†, Jeff J. McIntyre claims that the substantial exposure of violence in the media is affecting the minds of younger children in a negative way. This essay will explore how popular culture creates complications towards a younger generation, as explained by Jeff J. McIntyre, in order to explore the different ways in which violent media is being promoted and affecting†¦show more content†¦It appears that the rating systems are undermined by the marketing efforts of the very groups responsible for their implementation and effectiveness† (McIntyre 94). He has a concerned tone, which encourage s readers to question the media. Not only is the media affecting children, but he also points out that parents are one of the reasons that kids are being over exposed to violence. He claims that â€Å"most adults see [advertisements] as a relatively harmless annoyance† (McIntyre 94). While he does admit that the media is essentially the cause for children becoming violent, he also suggests that most parents don’t feel it’s an issue but just an â€Å"annoyance† (McIntyre 94). What McIntyre is trying to get through is that without the help of parents children will continue to mimic everything they watch on television or movies. His purpose in writing this article is to convince the reader that there should be more restrictions from promoting violence in television shows, movies, and advertisements. Throughout the article he uses a worried tone to convince readers into protecting their children from violence on television. He hopes to inform society of the e ffects of violence in the media towards children in order to minimize the amount of dangerous behavior. McIntyre support was effective when using evidence for his

War and Death in Soldier Written by Rupert Brooke Essay

What is war? Is war a waste? Is war honorable? I view war as a necessary evil. Sometimes it has to happen for good to triumph over bad. War poets like Wilfred Owen, writer of Anthem for doomed youth focus on death in war and the dehumanization of solders. In contrast Soldier written by Rupert Brooke thinks that to die in war, to be the noblest death. And Siegfried Sassoon’s Suicide in the trenches focuses on the youthful soldiers deaths being the responsibility of war promoters. Anthem for Doomed Youth Owens Anthem for Doomed Youth is written from a soldier’s perspective and is influenced by his own experiences in the First World War. He viewed war as a waste, as in his time of duty he saw countless deaths that did not have to occur. He†¦show more content†¦In the last stanza, Owen says â€Å"†¦but in their eyes shall shine the holy glimmers of good-byes. The pallor of girls’ brows shall be in their pall†. Here Owen illustrates the loved ones reactions to finding that their men have died. The dead soldiers are deprived of traditional funeral rites and can only be mourned from afar. Owen focuses on the family grief and loss to express the sorrow war causes. His overall purpose is to contradict war poets like Rupert Brooke who glorify war and claim dying for your country to be honorable. The Soldier was written by Rupert Brooke nearing the end of the First World War. His views carry a message of hope for the post war period. He talks of the achievements of soldiers in the war, as opposed to Owen who mostly focused on death. Brooke mainly focuses of the patriotic values and dying for ones country to be a great honor, and glamorizes war by implying that it is necessary. Brooke’s overall message is persuading young men to enlist to fight and die for their country. Which I do not agree with, I believe that if someone is willing to go to war and most likely die, if they really love their country and know how useful they could be, they would make up their minds for themselves rather than being persuaded by a man who ready to die himself. Like Owen re-talks of the First World War and death, and was in two stanzas. Unlike AnthemShow MoreRelatedThe Soldier By Wilfred Owen1376 Words   |  6 Pages Participating in war often is romanticized and is seen as a heroic and honorable act. This romanticism, of course, can only be put forth by one who has never experienced the inhumane devastation that each battle- each moment- causes for the minds and in bodies of every soldier. â€Å"The Soldier† was written by Rupert Brooke in 1914, just before World War One was about to begin, while â€Å"Dulce et Decorum Est.† was written by Wilfred Owen in 1917, during which Word War One was being fought harshly. DueRead MoreBritish Nationalism And Self Sacrifice By Rupert Brooke And Wilfred Owen s The Soldier 1265 Words   |  6 Pagesthe First World War instantly ignited a fierce fusion of Nationalism and extreme patriotism throughout Britain. British Nationalism and war propaganda profoundly influenced the writings of numerous British poets during the early years of World War One. However, as the war progressed, attitudes concerning pro-nationalist ideologies began to change. T he horrific realities of the war produced a profusion of sardonic, anti-nationalistic poetry as young soldier-poets confronted death and destruction.Read MoreThe Soldier By Rupert Brooke And Wilfred Owen1253 Words   |  6 Pagesenter the First World War instantaneously ignited a fierce fusion of Nationalism and extreme patriotism throughout Britain. British Nationalism and war propaganda profoundly influenced the writings of numerous British poets during the early years of World War One. However, as the war progressed, attitudes concerning pro-nationalist ideologies began to change. The horrific realities of war produced a profusion of sardonic, anti-nationalistic poetry as young war poets confronted death and destruction. BritishRead MoreSimilarities Between Rupert Brooke, Siegfried Sassoon, And Wilfred Owen1531 Words   |  7 PagesSenior High School World War I Poetry How it changed during the war Abby Schaubroeck Honors World Cultures Period 3 Ms. Beck 19 May 2017 Over the course of the war the perspective of literature, in specifically poetry, changed. Rupert Brooke, Siegfried Sassoon, and Wilfred Owen all share one common bond: these men were war poets. According to the Oxford Dictionary, the term â€Å"war poet† means â€Å"a poet writing at the time of and on the subject of war, especially one on military serviceRead More To compare the ways in which these poems display the horrors of war.1616 Words   |  7 Pagesin which these poems display the horrors of war. I have selected three poems, The Soldier, by Rupert Brooke, Dulce et Decorum Est, and Anthem for Doomed Youth, both written by Wilfred Owen. Compare how these poems show the horrors of World War 1. To compare the ways in which these poems display the horrors of war. I have selected three poems, The Soldier, by Rupert Brooke, Dulce et Decorum Est, and Anthem for Doomed Youth, both written by Wilfred Owen. I chose Anthem for DoomedRead MoreComparing The Soldier by Rupert Brooke and Dulce Et Decorum Est by Wilfred Owen669 Words   |  3 PagesComparing The Soldier by Rupert Brooke and Dulce Et Decorum Est by Wilfred Owen World War I, probably the most horrible of modern wars, inspired some of the most beautiful and powerful poetry of the 20th century. Two very good examples are The Soldier by Rupert Brooke and Dulce Et Decorum Est by Wilfred Owen, both were written before and during the this war. Rupert Brooke was a well- educated English man who lived the enthusiasm of the whole country when the war startedRead MoreEssay on Comparing The Soldier and Dulce et Decorum Est644 Words   |  3 PagesComparing The Soldier and Dulce et Decorum Est The Soldier by Rupert Brooke and Dulce et Decorum Est by Wilfred Owen were both written during world war one. War and death are the themes of both poems but they are written from different perspectives. Brooke seems to base his poem on myth because overall he says that it is good to die for your country while fighting at war is terrible and that it is every soldier for himself and not for your country. There are manyRead More Compare and Contrast Rupert Brookes The Solider with Wilfred Owens Dulce1470 Words   |  6 PagesCompare and Contrast Rupert Brookes The Solider with Wilfred Owens Dulce et Decorum Est. Although The Soldier by Rupert Brooke and Dulce et Decorum Est by Wilfred Owen are concerned with the common theme of war, the two poems contrast two very different views of war. The Soldier gives a very positive view of war, whereas Owens portrayal is negative to the extreme. Rupert Brookes The Soldier is very patriotic as Brooke loves his country and is ready to die for it. This perhapsRead More The Views of Rupert Brooke and Wilfred Owen on War Essay2351 Words   |  10 PagesThe Views of Rupert Brooke and Wil My selected poems are The Soldier by Rupert Brooke and Dulce et Decorum est by Wilfred Owen. Both war poems but conveying their different feelings and presenting their views of war in radically different ways. The poets have polarized views of war with Rupert Brooke writing his poem in a romanticized and patriotic way referring to the possibility of death as a noble cause, for England the land that gave him life. This is at odds to how Wilfred OwenRead MoreThe Development of War Poetry Throughout Ww11027 Words   |  5 PagesThe development of war poetry throughout WW1 was influenced by many different incidents. Many of the soldiers developed friendships with each other based on the amount of time they spent together in the trenches. One of the reasons soldiers developed such strong comradeships that lasted even after the war, was due to the amount of horror and bloodshed they had witnessed together, furthermore the shared experience of suffering and hardship led to strong companionship and their experiences affected

Financial Management Policies-Free-Samples-Myassignmenthelp.com

Questions: 1.Critically evaluate Aveos Financial Management policies and practices with respect to their Social Responsibility and social outcomes of their actions 2.Using publicly available data, analyse Aveo as an investment proposition with particular reference to its share price history and history of traded volumes over the past 2 years. Answers: Introduction Efficient financial management is the essence of an organization and this is the reason why financial management policies like capital management, dividend policy are given due recognition. In relation to Aveo Group, the policies implemented by it have assisted it to make a strong progress over the years. An analysis has been done to shed light on the goals of Aveo and whether the corporation should consider the influence of financial decision on sustainability and responsibility. Goals of Aveo Firstly, the Group intends to obtain continuity of flexibility and funding and for such purpose, it utilizes bank loans, overdraft facilities, finance leases, etc in addition to other sources of income. It also reviews its current lines of funding so that future requirements can be addressed. This allows the Group to enhance its flexibility by matching the profiles of cash flow requirements with that of short-term investments. Further, this also allows for timing the negotiation of various credit facilities (Bauer Hann, 2010). This assists the Group in enhancing the efficacies of their social responsibility actions that is its main priority. Secondly, it recognizes the importance of management of capital and for such purpose; it ensures that a mix of funding options are utilized. Besides, this is done in alignment with the objective of maximizing shareholders returns. Further, it intends to maintain a capital structure that can assure a lowest available WACC (weighted average cost o f capital). In relation to this, the Group attempts to maintain its gearing ratio in the range of ten and twenty percent. This can be proved by the fact that its gearing ratio was 17.4% in the year 2015. Moreover, in order to attain advantage from variations in the cost of capital, the Group may adjust such capital structure including variations in dividend payable to shareholders, adjusting the level of debts, etc (Damodaran, 2010). Thirdly, in order to ensure that the resources of the Group are not hampered, it ensures that customers who are willing to trade on credit terms are properly subjected to credit scrutinization processes including an evaluation of their financial position, regulation of industries, etc. Further, the Group also possesses a cash management policy that allows it to maintain liquid cash and other portfolio investments so that preservation of cash is done at all times (Melville, 2013). This can play a key role for the Group in the proper investment of resourc es for the attainment of prime goals and objectives (Bauer Hann, 2010). Moreover, management of working capital can also be done with the help of such financial management practice so that future complications and risks can be avoided, and the resources can be committed to enhancing the lives of aged people in Australia. Fourthly, Aveo also possesses a securities trading policy wherein employees and directors are restricted from dealing in the securities of the company especially in the prevalence of price-sensitive information in order to safeguard insider trading (Aveo, 2017). Lastly, in relation to investments, the Group has an investment policy wherein when it comes to joint ventures and associates; the same is done through an equity-accounted investment measure so that the key social objective of development of retirement villages can be easily taken care of (Williams, 2012). Code of ethics, ethical theories, corporate social responsibility In relation to financial decisions on social responsibility and sustainability, not a slight carelessness can be undertaken. This is because of the fact that Aveo being badly accused of ripping its customers at their retirement villages even though it intends to maximize social responsibility through their actions. Even though Aveo is focused on retirement only by investing more than $700 million towards retirement items and services, yet it must consider the ramification of their financial decisions towards on sustainability and social responsibility. Aveo denies that it pursues a policy to churn the residents and states that most of its residents are happy. However, the truth is that the company has used complicated contracts and exorbitant fees to enhance its profits (Paradise Rogoff, 2009). Moreover, even though the company has denied to the same, yet there are cases of many residents facing intense issues because of the company (Kruger, 2015). This can be proved by the fact tha t the companys three different sources of income, despite being focused towards the lifestyle of residents, yet are causing troubles to them. The Group rakes in cash from the sales price received from the occupants, it also charges a management fee for various services offered, and a deferred management fee (DMF) is also taken after vacation of the unit. All these have fetched immense profits to the Group as it rose to $116 million in 2016 surpassing the expectations of the analysts. The accusations implanted upon the Group have made it realize that many customers were let down because of its financial decisions on sustainability and therefore, it has reconsidered its plans by strengthening and improving its own complaints and processes of incident handling that includes a need for independent mediation (Libby et. al, 2011). Further, it has also endeavored to make its contracts simpler so that the residents have adequate certainties about what they spend (Aveo, 2017). Moreover, it c an be seen from the annual report of Aveo that it has taken every relevant step to ensure that its customers are properly looked after but it must also consider the consequences of their financial decisions because many consumers encountered losses and other issues because of the Groups policy. According to various investigations, it was found that many residents were slipping through cracks in the regulatory system. This is because many authorities like the Consumer Affairs did not have enough powers to prevent such business practice of Aveo (Albuquerque et. al, 2013). Even lawyers have defined various clauses in the contracts of Aveo as draconian and complex. Therefore, on a whole, even though the major corporate Aveo has denied all the allegations, yet residents have encountered issues both mentally and financially. The Group intends to enhance the living style of its customers but every time it was proved that its main intention is to enhance profits. Besides, most of its profits derived from exit fees in the year 2016 that shows how much unsatisfied the consumers were. Hence, even if the accusations are untrue, the problems occurred to the residents cannot be unreal and it is just because of the ineffective financial decisions conducted by the company (Aveo, 2017). Thus, the Group must take into account the ramifications of their decisions on sustainability because if not, more residents will be caught in such financial prison. 2.Aveo as an Investment Going by the overall study and an in-depth research it can be said that the customers remained unsatisfied with the company and it is purely dedicated on reaping profits leaving other factors ignored. As per the study, it is seen that the acts of the organization have led to major issues and has affected the performance. Therefore, as per the evaluation, it can be said that the company is riding under immense difficulties and hence, any wrong or negative new can badly degrade its position in the stock market (Damodaran, 2012). Hence, investment at the current juncture would lead to difficulty as volatility is present and share has taken a sharp dive. Therefore, for the purpose of investment, it must be left to operate and must be kept under the radar so that a decision can be taken in the near future. Causes of fluctuations in the share price and the volumes traded The Aveo group share price pattern reveals that there has been volatility in the share prices. However, the overall trend was strong until 2017 where the graph was indicating higher high and higher low. However, in the year 2017, the share price plunged owing to negative media investigation that concerns the operational performance. The share prices of Aveo group became the worst performers on the Australian Stock Exchange when it declined by eleven percent following the allegations made by Four Corners and Fairfax Media. However, the company has witnessed major volatility in the prices of its shares and even the volume in the last two years. The major underlying reasons behind such volatility can be attributed to the performance of the Group and satisfaction on the part of its residents. When it comes to volatility it affects the prices of the shares and the volume too (Davies Crawford, 2012). Before such investigation claiming unethical practices conducted on the part of the Group, there were customers who were unsatisfied with the contracts of the company. For such purpose, Aveo endeavored to simplify the contracts in a way that it makes it simpler for the residents to understand. This assisted in enhancing the share prices of the Group and it can be proved by the fact that based on a survey, more than ninety percent of residents were satisfied with the services provided by the company (Ronngard, 2016). In addition, since the past two years following the rollout of Aveo contract, more than 2000 customers have gained from the simplification of the contract and it is increasing day-by-day. Moreover, this has resulted in doubling the profits of the company that has enhanced its share price by 10pc in the year 2017. Further, in the year 2016, the acquisition of Freedom Aged Care Pty Ltd allowed the company to diversify its services across Australia that also increased its prices of shares (Aveo, 2017). Furthermore, one year ago, the company moved to full authority over another operator named Retirement Villages Group that allowed it to absorb the remaining twenty seven percent of the stake it did not hold. As a result, there was an enhanced contribution from the sales of development units that was greater than the sales of its current units. This can be proved by the fact that the Group recorded an interim sales of 108 (development) in comparison to 29 of 353 overall sales that incurred in the first half of 2016. Besides, the development arm of the company contributed more than eight percent to the earnings of the Group in the past years that have in turn maximized its share prices. However, even though the company recorded efficient results, yet its practices became questionable under the eyes of the law that eventually played a key role in decreasing its share prices (Horngren, 2013). Besides, even though the contracts were simplified, yet many residents were unhappy and when the Australian Competition and Consumer Commission took over the case, hearing such news resulted in a decline of its share price by 5pc. Any questionable fact is considered by the market with utmost negativity and impacts the smooth operation of the company (Benabou Tirole, 2010). Due to all these questionable practices on the part of the Group, it finally decided to launch a $145 million buyback program so that it can enhance the prices of its shares. However, the Group could not encounter the questionable allegations even though it spent millions on advertising to avoid such accusations (Aveo, 2017). This resulted in a class action against the Group that declined its share prices by more than ten percent. Therefore, it is imperative that the company failed to prove the reason and give a complete justification of the happening. Hence, any further proceedings in the case can lead to more volatility and hence, Aveo at present is under difficulties and should not be considered for any investment purpose. It must be allowed to resurrect so that the trend or the pattern can be known. Conclusion The study above clearly indicates that Aveo has faced difficulty in operation and is mainly due to the external scenario. Hence, it is the duty of the management to ensure that the company should be free from all such allegation by laying down a structure of strong corporate governance. It needs to be noted that any wrong or negative news can bring the stock prices to a big fall. This affects the goodwill of the company and leads to a disturbance in the stock market. Overall, the market scenario of the company remains in a bearish mode and the sharp plunge in the stock prices must be considered before taking any vital decision. In all probability, the current scenario of the company is not a good bet for investment. At present the trend is unknown and hence, the stock must be left to operate on its own and decision must be taken accordingly. References Albuquerque, R, Durnev, A, Koskinen, Y 2013, Corporate social responsibility and firm risk: theory and empirical evidence, Boston University. Aveo 2017, AOG - AVEO GROUP - Share Prices, Company News and Announcements, viewed 2 September 2017 https://www.smh.com.au/business/markets/quotes/price-history/AOG/aveo-group Bauer, R Hann, D 2010, Corporate environmental management and credit risk, Maastricht University. Benabou, R Tirole, R 2010, Individual and Corporate Social responsibility, Ecnomica vol.11, pp. 1-19 Damodaran, A 2010, Applied Corporate Finance: A Users Manual, New York: John Wiley Sons Damodaran, A 2012, Investment Valuation, New York: John Wiley Sons. Davies, T. Crawford, I 2012, Financial accounting, Harlow, England: Pearson. Horngren, C 2013, Financial accounting, Frenchs Forest, N.S.W: Pearson Australia Group. Kruger, P 2015, Corporate goodness and shareholder wealth, Journal of Financial economics, pp. 304-329 Libby, R., Libby, P. and Short, D 2011,Financial accounting, New York: McGraw-Hill/Irwin. Melville, A 2013, International Financial Reporting A Practical Guide, 4th edition, Pearson, Education Limited, UK Paradise, R Rogoff, B 2009, Side by Side: Learning by Observing and Pitching In, Ethos, vol. 37, pp. 102138 Ronngard, H 2016, Aveo Group Climbs 8% after Confirming Acquisition, viewed 2 September 2017 https://www.moneymorning.com.au/20160218/aveo-group-climbs-8-after-confirming-acquisition-cw.html Williams, J 2012, Financial accounting, New

Cheers Company Business Expansion Samples †MyAssignmenthelp.com

Question: Discuss about the Cheers Company Business Expansion. Answer: Introduction The Australian market is huge and suitable for almost every product but is not big enough to accommodate the ideas of focused entrepreneurs. According to Jensen and Cornwell (2017), growth-minded business people often focus on the rest of the world as their oyster. The same study denotes that the idea of seeking international growth is essential for global entrepreneurs to access more opportunities for customers, with the aim of profit expansion. Focusing the expansion of a business into the international market enables the business to extend the sales life of the existing services and products into the new markets. International business expansion also gives a business competitive experience of the international business competition, an aspect that can give them an added advantage in their ground as pointed out by van Dijk and Buijs (2016, p. 3). Like other global companies, themanagement of CHEERS Company has the desire of expanding their business into the international market with a focus on Brazil and India. This paper hence evaluates the nature of business in the selected countries with a focus on the opportunities and risks that can affect the business. The paper hence settles in examining India as a suitable country for expansion. It then presents the applicable methods of entry into the chosen market. Analysis of risks and opportunities in Indian and Brazilian Markets The craft beer has continued to grow over the past years in India with an increase of 6%. In the year 2014 and 2015 and has grown twice faster compared to the previous years but at a low rate over the past decade (Reuben 2010). There has been an uneven dynamic change in growth rates in the last two preceding years of 2015 and 2016 respectively. The average retail price for beer in 2014-2015 was about 80 rupees, but it has continued growing up to about 120 rupees. Beer forms one of the most consumed products in India. India, with a population of about 1.28 billion, translating to about 18% of the total planet population, it is observable that only about 600 million of the total population is falling below the poverty line. The population barely have food to eat, therefore, does not consider liquor in their daily budgets as their daily income can even afford to sustain the basic needs (Reuben 2010). The population mostly resides in rural areas that are characterized by the poorly devel oped economy and infrastructure. From the remaining 600 million of the population, only about 400 million are below the drinking age hence leaving the 200 million people in the bracket drinking. Among this 200 million, who may be either taking alcohol or not, with a probability of 0.5, it will leave 100 million people who are potential alcohol consumers. According to WHO about is 68% of the world population does not consume alcohol, but in India, the percentage is a bit higher. India is a young country of an average age of 25.1 years and the portion of people of age up to 24 years takes about 47% making the market for beer to be more promising for the Brewers. The number of the potential beer consumers tends to increase by about a million in every year, caused by the constant balance of growth and loss of population (Reubens 2010). The light beer consumption in India can be translated to the poorly developed retail network, making the consumers travel a longer distance and queue at the stores only for them to be abl e to buy beers. The stress that one undergoes tends to discourage a large number of people who may have the urge to consume beer; they will eventually opt for other types of alcohol such as industrialized beers. Consequentially, most of the beer consumers in India are characterized as affluent people with non-conservative who consider it more luxurious expensive item. The correlation between the GDP and the volume of the beer consumption in underdeveloped countries with low incomes such as Sri-Lanka is double of that of India (Appelegate et al. 2013, p. 89).The growth of beer market is mostly affected by the government regulation. The western countries where is observable that the married people take more alcohol than the unmarried unlike in India, the married couple tends to take less alcohol due to the low incomes. The low wages cannot be enough for other budgets and beers. The low GDP and beer consumption can also be related to the religion and philosophy, where the religious beliefs control the decisive influence on the beer consumption. It is common that the Islam and Sikh religions prohibit the use of alcohol and are very strict more than Christianity and Hinduism Hinduism is the dormant religion forming of about 78.4% while Muslims forms about 14.8%, therefore, from the studies it is realizable that most of the alcohol consumers are the Hin dus and Christians. The Mahatma Gandhi philosophy has been one of the primary facilitators of anti-alcohol consumption movement in India. Gandhi always encouraged people to be sober and assisted those people suffering from alcohol in regaining their health after abstaining from alcohol. Gandhis actions against alcoholism were promoted by the nation's ban on alcoholism after independence and the commitment to abstain from it that was stipulated in the constitution and is still effective up to now. There are 29 states in India with separate marketing boundaries. It is observable that a market can frequently show a constant growth in certain specific regions but fail to make good sales in the neighbouring areas (Reubens 2010). The main problem is that most of the Indian brewers do not have control over the pricing of the beer since mostly it is regulated by the government policies such as excise, special VAT, and different alcoholic licenses. Therefore the regulation is seen as dualism since the complete ban will see that there is no revenue collected for the government which is very important. Through this control of beer sales, 2/3 is achievable from the state companies. Therefore, even with small drinking population, India became the second largest world consumer of alcohol and tended to increase in the future though offers little opportunity to the business. Craft beer movement continues to grow in Brazil even though it does not offer the threat to major players in the sector. According to the Brazilian Beer Association, the craft beer market is expecting an increase of about 10% shortly (Alonso et al., 2017). According to the study, the figure of craft beer is more impressive when compared to the 3% perceived increase of the industrialized beers. The increase comes as the craft breweries are building their reputation, brands, increasing their volumes and improving their brands to meet the quality demanded by the Brazilians beer-drinkers. According to studies, Brazil forms the third biggest country in the globe that consumes beer with 1,252 kg and hold about 6.6% of the global share (Casey 2010). Beer in Brazil represents the highest proportion of the liquor market with 60% followed by spirits with 36% and 4% of the wine. Pilsner is the most consumed beer in Brazil with 98% market share as 50% is consumed in the bars and restaurants 45% being distributed through the supermarkets and liquor stores. Most of the beer consumers in Brazil are the young age a population of about 61% it is still observable as relatively small customers due to the low purchasing power. As much it is the third largest beer producing country in the world, the per capita consumption in Brazil is relatively small. The growth rate has increased substantially to about 6.6% per year between the year of 2008 and 2013. The increase is perceivable as twice more than the growth seen in most of the mass producing regions. There has been growing interest in production and consumption has been influencing by the increase in the income. It is observable that the income growth in Brazil is continually expanding at the rate of 3.8% per year. The income elasticity of demand for the beer with a 1% increases the consumers demand the beer by 1.2%. Hence, it is an implication that there is a critical opportunity for growth in the brewing industry (Casey 2010) Brazil crafts beer market consists of more than 300 small breweries that sell its products three times more than the industrial beer brands. Therefore, it is possible for Brazil to register an increase in the market growth over the few years in future hence crafting beer industry has a potential opportunity in Brazil. Selected destination country For many businesses, Errichiello (2017) denote that developed countries such as Japan, Mexico, Europe, and Canada among others are often the obvious and primary targets for most entrepreneurs. However, the Indian market is an example of other fast growing and less competitive markets that are ripe for global business expansion (Husain 2016, p. 72). When a foreign business in advancing towards expansion in a chosen market, it is essential to focus on the infrastructure, the culture of the people, acceptability of the product into the market, and whether there is a familiarity with the product (van Dijk Buijs 2017, P. 89). With stable economic activities such as intensive agricultural activities like horticulture, aquaculture, aviculture, sericulture, etc, the Indian market has strong economic growth just like other emerging economies such as Nigeria, China, Russia, and Turkey among others (Mirsa 2009, p. 110). Technological expansion has also made business easier through the adoption of the e-commerce in addition to greater government support for businesses and companies with the desire to expand overseas as pointed out by Jian and Jing (2017). The same study as well denotes that the mining of crude oil puts money into the hands of the citizens hence giving them the ability to purchase the CHEERS Company products. Discussion and justification of the proposed entry into the chosen market In whatever suitable method of business entry into the international market, themanagement of the company needs to consider certain specific aspects that have both direct and indirect effects of the business (El Kahal 2001, p. 227). For instance, cultural differences, language issues, and legislation are among the primary aspects that should be considered. The study asserts that a business needs to understand the possible influences that the local culture may have on the business to effectively operate with the people as the target customers. It hence requires effective sales and marketing skills that would identify the cultural aspects that need to be considered for effective operation of the business in the Indian market. Even though English is adopted as the most common global business language globally, it will be more effective if the business markets its products in the local language spoken by the target market, an aspect that will require CHEERS to hire professional translato rs and market agencies in the first days of operation into the market. In a systematic review, Mieg (2014) denotes that legislation varies widely in the international market and hence requires the company to adhere to the local laws that govern all foreign businesses operating in the chosen market. In a systematic study, van Dijk and Buijs (2017) denote that there are several methods of entry that can be adopted by a business with the aim of entering into a foreign market. For instance, CHEERS Company Limited can begin with exporting its products into the market. Exportation it is regarded as the easiest and most effective method of business entry into a foreign market that is commonly used by many international companies. The company is a planned exporter that wishes to expand its presence in India. The company can hence begin with exporting its products into the market as a way of monitoring the response of the customers towards its products before physically locating into the market. Anderson and Gatignon (2011) denote that exporting products often requires less investment and is adopted by many international businesses as a handy way of testing and developing the international strategy without a greater commitment. Through exporting, the company can concentrate its producti on in a single location allowing for quality control measures and better economies of scale. The company can as well adopt joint ventures as an arrangement between CHEERS and another competing company in the chosen market with the aim of investment where every business has a share in both themanagement and financial running of the business. According to Jensen and Cornwell (2017), joint ventures are often adopted as an alternative to building a wholly owned manufacturing operation. This method of entry has advantages such as sharing the capital outlay, reducing possible risks such less reduced government interventions, closer control over production, management, and production among other business operations. The joint venture will also give the company better local market intelligence from the indigenous joint venture companies. The company, however, needs to take care of the concept of conflict of interest such as amount invested, profit shares, marketing strategy, and business management. Conclusion From the study, it is evident that business expansion into the international market is essential for every entrepreneur with the desire for market expansion. As a fast growing economy, the Indian market is a suitable market for the expansion of the business than Brazil. Working on building an international brand presence by CHEERS in the chosen market requires the management of the organization to think globally and adopt comprehensive business strategies that will be effective in ensuring proper entry. Therefore, it means that there is a need for care when it comes to the choice of entry of the business into the market as some countries allow restricted levels of import while other methods are questionable on the practical basis. The company also need to gather historical information of the currency value fluctuations as well as the export and import timelines in addition to the laws and regulations governing international business in the Indian market. References Alonso, A., Sakellarios, N. and Bressan, A. 2017, Stakeholders and Craft Beer Tourism Development. Tourism Analysis, 22(1), pp.45-58. Anderson, E, Gatignon, H 2011, 'Modes Of Foreign Entry: A Transaction Cost Analysis And Propositions',International Executive, 29, 1, pp. 15-17, Business Source Premier, EBSCOhost, viewed 9 September 2017. Applegate, T. and Nelson, D. 2013, Craft Beer and Tampa. AAG Newsletter. Casey, 2010, Craft Beer Analysis Check Service. Journal of the American Society of Brewing Chemists. El Kahal, S 2001, 'Methods of Entry into Asia Pacific Countries',Business in the Asia Pacificp. 227 n.p.: Sonia El Kahal 2001 Business Source Premier, EBSCOhost, viewed 9 September 2017. Errichiello, G 2017, The Nature of Developing Economies,Journal of International Global Studies, vol. 8, no. 2, pp. 111-113. Husain, T 2016, 'Spatial Composition of Indian Small and Medium Enterprises' Export',Journal Of International Economics (0976-0792), 7, 2, pp. 70-82, Business Source Premier, EBSCOhost, viewed 12 September 2017. Jensen, J, Cornwell, T 2017, 'Why Do Marketing Relationships End? Findings From an Integrated Model of Sport Sponsorship Decision-Making',Journal Of Sport Management, 31, 4, pp. 401-418, SPORTDiscus with Full Text, EBSCOhost, viewed 9 September 2017. Jian, Z, Jing, W 2017, 'Empathy As Moderator Of Gender Differences In Chinese Insurance Agents' Business Ethical Sensitivity',Social Behavior Personality: An International Journal, 45, 6, pp. 1029-1042, SPORTDiscus with Full Text, EBSCOhost, viewed 9 September 2017. Mieg, HA 2014, 'The Organisational Embedding Of Expertise: Centres of Excellence',Talent Development Excellence, 6, 1, pp. 71-93, SPORTDiscus with Full Text, EBSCOhost, viewed 9 September 2017. Misra, H 2009, 'Status of Ship-Breaking Industry in India',IUP Journal Of Managerial Economics, 7, 3/4, pp. 109-116, Business Source Premier, EBSCOhost, viewed 12 September 2017. Reubens, R. 2010, Bamboo canopy: Creating new reference-points for the craft of the Kotwalia community in India through sustainability. Craft Research, 1(1), pp.11-38. Rishe, P, Sanders, D, Reese, J, Mondello, M 2016, 'A Heterogeneous Analysis of Secondary Market Transactions for College Football Bowl Games',Sport Marketing Quarterly, 25, 2, pp. 115-127, SPORTDiscus with Full Text, EBSCOhost, viewed 9 September 2017. van Dijk, F, Buijs, P 2017, 'Manual for primary health care on Basic Occupational Health Services. Encouraging publication from India, focused on informal occupations',Asia Pacific Family Medicine, 16, pp. 1-4, Academic Search Premier, EBSCOhost, viewed 12 September 2017.