Washington D.C as a world city Essay Example | Topics and Well Written Essays - 500 words

Washington D.C as a world city - Essay Example This directly influences the social condition in the society and acts as a primary driver for social inequality. (Gibel, 2007) The problem with Washington has been the issue of Native Americans Versus the African Americans. A research work conducted at MIT and the Chicago University revealed that the filtering of candidates for issuing jobs was done based on whether the applicant had a white sounding name or a black sounding name and around 60-65 percent of applications were rejected in the case of blacks. Jews marched on Washington against racism on 20th of April 2002 (nkusa.org, 2002). The Jewish leader Rebbi Weiss delivered a speech on ethnic equality mentioning the advantages of social equality in the society and its affect on the all round development of the city. Not only this, the plague of racism even affected the law protecting bodies like the police, fire and municipal services. Police officials exchanged hundreds of racist messages through E-mails including segregated grou p meetings (adversity.net, 2005). In 2001 about 10 percent of the police force is involved in the investigation for law violation (adversity.net, 2005). The Racial discrimination in the society of Washington follows the models of racism. Individual racism where a person acts in such a way to degrade others based on race like a boss not hiring or promoting an efficient worker on the basis of race etc (William, 2002) were common. The lack of proper parenting for and injecting the evil thoughts of racism into children are resulting in racial discrimination in schools and colleges. The environment of social grouping also has a major impact. The differences in the power and influence are easily seen in the majority section of society (William, 2002).These racist policies embedded at organizational level is structural racism. The American psychiatric association stated that racial discrimination affects the mental health of a person and leads to further mental

Management Research Paper Example | Topics and Well Written Essays - 2500 words

Management - Research Paper Example Each department may have some specific functions assigned to them. For example, IT department always focus more on the IT functions of the company whereas HR department concentrates on recruitment, retention and development of manpower necessary for the organization. Because of the huge differences in the nature of the jobs undertaken, each department may work in a particular manner within the organizational framework. In other words, it is difficult for the HR department to function same way like the IT department. Management styles and work schedules in both these departments could be different even though these departments are functioning in the same organization. This paper briefly analyses the differences between managing an IT department and a HR/Personnel department in an organization. According to Kahuna (n. d), â€Å"an IT department is just like an army, which needs a good and functional command system†. In his opinion, apart from the talented employees, an IT department requires suitable leadership that is capable of completing the job in time. He has also pointed out that â€Å"slapping a title on someone and thrusting them into fire is no more effective in leading employees in an IT department (Kahuna, p.1). Many of the IT professionals, working in IT departments may have good technical skills, but many of them don’t have good management skills. It is not necessary that a good computer programmer or a system administrator might be a good manager. Organizations, when they appoint professionals for the IT department, focus only on the technical skills of the person rather than his management skills. But, most of the IT jobs require good management skills also apart from the technical skills. For example, teamwork is encouraged in IT departments nowadays. In order to function effectively in a team, an IT professional needs good

Protection of the Effectiveness of Internal Audit Function Essay

Protection of the Effectiveness of Internal Audit Function - Essay Example Hence, it is worth considering how the effectiveness of the internal audit function could be better protected so as to protect shareholders as well as enable the external auditors to offer a higher quality audit opinion. When internal auditors are efficient in service delivery means that the opinion they will give in the running of the organisation will be the correct position of the company (Get through Guides 2007). The internal auditors will be able to give recommendation to improve the running of the organisation. These recommendations will automatically translate to the company being run in a way that will be beneficial to the shareholders. For the shareholders, this will mean that they will have the true position of the organisation and will be able to make informed decisions on how best to improve the business and they will know if their investment in the company is going to give worthwhile returns. The external auditors on the other hand will meet an organisation that has its affairs in order and the kind of audit opinion they will give will be quality audit opinion. The reason is that the lapses will be recognised and recommendations made to correct them. This will attract investors since they will be confident that their investment will not be mishandled and this will automatically bring more profits to the shareholders. Internal auditors in carrying out their work efficiently can be protected by ensuring their independence is maintained. Despite the fact that the internal auditors are in the company’s payroll, their work has to be free from managerial influence. This is because they need to maintain the highest degree of professionalism when going through the organisation’s books of accounts. If autonomy is maintained, they will be able to offer a true and just view of the books of accounts and give either a qualified audit opinion or unqualified audit opinion (Grey & Manson 2008). The other way to protect them is for the internal audit ors to work with the management and not work like they are out to get the mistakes that have been committed. The auditors have to remember that they are not supposed to correct the mistakes done but rather give recommendations on how to rectify or improve. Management cooperation will ensure the records needed for audit will be availed with no problems and thus will ease the work of the auditors. If management cooperation is secured, the other employees will also comply with the set rules they are sure that they will be audited and a true and fair opinion given. The working well with management will also give the internal auditors and the management an avenue to make proper risk management processes that will deter future lapses in the organisation’s books (Get through Guides 2007). With the current technology surge in the running of organisations, the internal auditors have to be kept up-to-date with the technology. This will mean that they are always in loop with any lapses that may occur in the organisation. Risks that affected an organisation a year ago might actually be very different with the risks in the current year. This will mean updates on risks that may affect the organisation have to be made available. Without this the internal auditors might actually be overlooking a potential problem for the organisation and this will be detected by the external auditors which in turn will affect

Caja Mediterrneo Bank Insolvency Case Study Example | Topics and Well Written Essays - 2000 words

Caja Mediterrneo Bank Insolvency - Case Study Example The trademark Caja Mediterrà ¡neo started being used in 2007. Initially the bank used the trademark Caja de Ahorros de Alicante y Murcia. Some of the institutions absorbed to form CAM include Caja de Ahorros de Torrent, which had been formed in 1906, and Caja de Ahorros Provincial de Alicante y Valencia which was absorbed in 1991 (‘Caja Mediterraneo and Accenture Deploy Alnova Core Banking Platform’ 2010, Web). By 1975, several other institutions had joined to form the current CAM. Such institutions included Caja Rural de Ahorros y Prà ©stamos del Sindicato Catà ³lico Agrà ­cola de Yecla, Monte de Piedad y Caja de Ahorros de Alcoy, Caja de Ahorro y Monte de Piedad de Yecla, Caja de Ahorros de Nuestra Seà ±ora de los Dolores in Crevillent, Caja de Ahorro y Monte de Piedad de Elche, Caja de Ahorros de Novelda, Caja de Ahorros de Nuestra Seà ±ora de Monserrate, Caja de Ahorros del Sureste de Espaà ±a, Caja de Ahorro y Monte de Piedad de Alicante, and Caja de Ahorro y Monte de Piedad de Jumilla. Others include Caja de Ahorro y Monte de Piedad de Murcia, Caja de Ahorro y Monte de Piedad de Cartagena, and Caja Rural de Ahorros y Prà ©stamos del Sindicato Catà ³lico Agrà ­cola de El Progreso (‘Spain's central bank favors merger of Caja Madrid’ 2010, Web; manta 2012, Web). By December 2007, CAM Bank was considered the fourth largest Spanish savings Bank. The ranking was based on customer loans and deposits. Moreover, the Bank was ranked the third larger in term of market share and the number of office openings. The bank originated in Murcia and Alicante provinces and offered banking services across Spain. With a network of about 1,100 offices, the bank employed about 7,100 workers and served more than 3, 300, 000 clients. CAM was mainly involved in retail banking. The customers included Small and Medium Enterprises (SMEs) and individuals. In addition, the bank was involved in the provision of services such as insurance as well as asset management (Anon 2011, Web).

Cash Flows Analysis and Financial Statements Assignment

Cash Flows Analysis and Financial Statements - Assignment Example Since the employees require stability of tenure, they would not want a situation whereby the company doesn’t guarantee their jobs. The management is interested in this information since it would want to know its performance and review the weak points which need to be improved. The information is important to the management since it needs to provide periodic reports on the company’s performance. The potential investors need to evaluate whether the company is a good investment opportunity. Without proper information, the company could not be an attractive investment opportunity since it would lack transparency. Eventually creditors and suppliers need to evaluate the financial information in order to find out whether this company is credit worth. They would want to find out whether they could extend credit facilities in terms of money or goods. Question 2: Most of the financial information is usually published in journals, magazines and annual reports. Some of these report s are usually given during the annual general meeting to the shareholders and potential investors. Other sources which can be utilized could include online sources such as the company websites or online journals and magazines such as www.businessweekly.com. This information evaluates in a snapshot the riskiness of the company and whether it is advisable to invest in it. other analysts normally obtain this information in order to try and predict the future performance of the company either in the short or in the long term. Question 7: Ratio analysis was formulated to basically try and provide a synopsis of the company’s performance. Ratio analysis is obtained through dividing very important to the organization since it basically evaluates the company’s financial statements and provides recommendations. Ratio analysis also tries to judge a company’s efficiency while locating the weaknesses and coming up with action plans. Ratios form a very important tool in terms of comparing different companies and their performance in the industry. Question 15: Managers tend to utilize the market value ratios in different manners such as in instances of potential mergers and acquisitions. These market value ratios such as price earnings ratio and book value ratio normally impact on the performance of management. When these ratios are high, it indicates that the management is doing a good job while if they are low then the converse is true. The managers could affect these ratios in an indirect manner since these ratios depend on the perception of investors. Much of the impact on these ratios is usually from the outside world hence the impact of managers could be curtailed and limited. Question 16: This is not usually possible since the management usually have the ability to manipulate financial information to portray the company’s image in good light. The seriousness of this practice usually ranges from interpreting accounting rules favorably to a s ituation of fraud. The function of auditors is to try as much as possible to prevent this practice leading to mis stated financial information. In some circumstances, the auditors are the ones who perpetrate this practice by deceiving the public in order to gain fame with the management of the client firm. QUESTION 25 (A) PROTEK COMPANY LIMITED COMMON SIZE INCOME

Consumer perception between international and local brands - A western Dissertation

Consumer perception between international and local brands - A western vs asian perspective - Dissertation Example Managers face challenges because of lack of synthesis between managerial concepts of brand identity and socio-cultural conception of inter-group dynamics, which may result in ill-fitted brand identities is a given sociopolitical context. Singapore is one of the top shopping destinations in Asia and hence attracts numerous international brands. These brands operate in a highly competitive environment trying to attract the attention of consumers as well as gain recognition against other international brands. This is because Singapore is a multicultural city compromising of Chinese, Malays, Indians and Eurasians, and with one in four resident being a non-Singaporean (SEDB, 2009). Consumer companies have been trying to tap into the opportunities presented by Singapore’s strengths and unique positioning. 1.2 Rationale for Research Studies have been conducted by different researchers on the subject such on attitude towards foreign and local brands – uniqueness theory to diffe rentiate themselves from others (Kashi, 2013), consumer ethnocentrism (Rice & Wongtada, 2007) and on the influence of animosity (Fullerton et al, 2007). Researches on this subject have been conducted but most of the researches have been conducted in developed countries. No such study has been found that focuses on the Asian countries. This research aims to go deeper and compare local and international brands in Singapore to identify local consumers brand perception. Singapore has been chosen as the focus of this study because of her ability to attract a wide range of international brands. Besides, Singapore is a useful setting because it is strongly influenced by both eastern and western traditions. In fact this can serve as a guideline for other Asian nations as they adopt western habits and consumption patterns. However, there is a tendency in Singapore to support the home grown design talents to the extent that domestic fashion brands have been gaining international exposure with government support (The Straits Times, 2012). Renowned local brands that originated in Singapore include Raoul and TWG. This significantly shows that Singapore brands do have the ability to compete with international brands such as T.M. Lewin. Therefore, this research expands into Singaporean’s reaction and attitude towards branding and how they perceive the established international brands against renowned local brands in various sectors. This research emphasizes on how Singaporeans come about having a particular opinion towards brands and what factors may influence consumer’s choice of brand. Customers globally have developed enhanced ability to select local and foreign brands even in developing countries. Business environments being competitive, it has become imperative for sellers of both domestic and foreign goods to explore customer purchase behavior. 1.3 Research Aims and Objectives With the aim to explore Singaporean consumers’ attitude and perception t owards brands, the objectives of the research are: To identify what factors can affect consumer’s attitude to brands Identifying models to assess consumers attitude towards branding To find out the different perceptions between international and local brands Comparing the attitude towards

Emergency department bottleneck proposal Essay Example | Topics and Well Written Essays - 500 words

Emergency department bottleneck proposal - Essay Example The causes of the problem are two fold. The first is that the inflow of patients into the ED is not evenly spaced throughout the day and occurs as a rush during fours in the late evening and night. No plan can be created for changing the pattern of inflow of patients into the ED, as they occur as naturally. The second is that during the peak flow of patients into the ED, the services that are required to provide support for the ED in the provision of timely and quality care are functioning at their minimal ability, since they are in the after-hours mode. This is the cause that the sigma team to address in overcoming the problem. Practical barriers to receiving quality care in an ED is dependent on two key factors of access to service at the ED and the availability of the services required support services either in the ED or immediately accessible (Rust et al, 2008). Overcoming these barriers to quality service calls for consideration of the types of patients and the emergencies and the resources at the ED (Frush, 2007). The essential problem in quality care in an ED is the mismatch in the demand and supply of resources at the ED. From the perspective of the patient seamless provision of care from the time of arrival at the ED is the quality of service expected. The first step is this direction is preventing diversion of ambulances to the ED, which will reduce the overcrowding at the ED (Stokowski, 2007). The next step consists in organizing the ED into three separate areas to attend to areas to attend to medical problems, surgical problems and Urgent care area for triaging of patients. Staffing of the ED is the next issue. Since the ED peaks between 6.00 pm and 10.00 pm specialist services in the required different branches of medicine will be available. In addition the number of interns or residents at the ED will peak during this period of