Globalisation and Challenges of the Muslim Religion on Its Influence Essay

Globalisation and Challenges of the Muslim Religion on Its Influence to the Family and Its Function in the Middle East - Essay Example This essay declares that majority of the humans all over the world follow one religion or other. Even the non-believers might have followed some religion, before becoming non-believers. However, religion is not a static concept or entity, which will be contained in one place or in a particular period of time, but it could spread to various places, and importantly could evolve and change based on certain world events. One of the events, which is having impacts on religions, and thereby in the way that religion impacts lives is globalization. Globalization is the process, in which the geographical and other social boundaries are broken, with interaction happening between people in various spheres of life, including economics, social, cultural etc. Because of this interaction, and its impacts on various ‘spheres’, the religion also gets impacted. As the report stresses family is also an omnipresent concept followed in all the countries and cultures of the world. Humans will not normally exist or thrive in isolation, he/she will be in the midst of others, and family is something, which majority of the humans are born in. That is, with biological connection established, when they are born, families get formed naturally. However, in the current times, the definition of family has had some competing definition due to the nature of change in family dynamics and composition. In general, it can be defined as a thing, in which group of individuals will live collectively particularly in a house or home, preferably under the control of one head. â€Å"A family is group of two people or more (one of whom is the householder) related by birth, marriage, or adaptation and residing together; all such people (including related subfamily members of one family)† (Mather 2004, p.2). When one focuses on family from the perspective of Func tionalist theory, it is clear that the institution of family plays many key roles. As a vehicle of socialization of individuals with the family from birth throughout the life stages. Functionalist acknowledges the socio-emotional support. As a means of production Family as a means of regulating sexual activity. Transmits social identity and social status of individuals within a given family, community or society. However, with the rise of single parent families, families with same sex couples and even families where the partners live together outside of marriage, traditional definitions of family are being broken, particularly in the Western world. Dhami and Sheik (2001, p.57) ascertain that, â€Å"We live an era in which the nature, function, and structure of the family have been thrown into question. Many, for example, would consider an unmarried couple, a single mother, and homosexual couples as equally legitimate expressions of the family unit.† At the same time, when one focuses on the family from the perspective of Islam, the family is defined as ‘divine institution’. That is, Dhami and Sheik (2001, p.57) further argue that, â€Å"Islam takes a more conservative stance, arguing that the family is a divinely inspired institution, with marriage at its core.† Thus, when religion or particular religious beliefs are focused, it interprets family differently. Religion

Rogers Chocolate Essay Example for Free

Rogers Chocolate Essay Introduction R gers’s Chocolates is Canada’s oldest chocolates company that was formed in 1885 in Victoria, British Columbia by Charles Rogers. The company specialized in producing different varieties of ward winning hand-wrapped, high-quality chocolate brands as well as premium novelty ice cream which it sold through its retail outlets, sales through wholesale delivery, online/phone sales, and through Sam’s Deli restaurant in British Columbia. The goal of the organization is â€Å"to double or triple the size of the company within 10 years† (Zietsma, 2007) Rogers’ target market is both end users and consumers who buy chocolates to indulge themselves or to give as a gift. Rogers’ target buyers are new and existing chocolate buyers that love quality chocolates. Demographics tend to be mainly women ages 25-55 years old with middle to high household income of $50,000 upward. They generally have college education and are professionals, white-collar workers, managers, or owners. The majority will be frequent travelers on cruise ships and Internet users. In order to develop a successful growth plan for the Rogers’ Chocolates, it is very important to get an integrated understanding of the external and internal environment effecting the chocolate industry in whole and Rogers’ Chocolate in particular. An organization’s external environment represents the opportunities and threats while focusing three major areas that include general, industry and competitor environment. The firms understanding of the external environment is matched with its knowledge about the internal environment (resources, capabilities, core competencies, organization, management etc.) in order to develop a strategic growth plan that will bring competitive advantage and above-average returns. External Analysis P. E. S. T Analysis: Political/Legal: * Legal issues regarding child labour in cocoa farms. * African countries are more affected by child labour. * Large manufacturers are seeking a redefinition of the term â€Å"chocolate† under USFDA guidelines so that they can produce cheaper version of the product and still call it chocolate. Economic: * Falling growth rate in the chocolate industry due to economical factors. * Due to seasonal vulnerability of the product, it is hard to manage inventory resulting in higher costs for wasted material. * Higher cleaning and maintenance costs for the equipment for large producers. * Sociocultural: * Increasing trend towards healthier diet, organic food, low-trans fat and no-sugar chocolate. * More demand for dark chocolate due to its heart-healthier anti-oxidant properties. * Consumers and employees stressing on more corporate social responsibility. * Human rights concerns on forced labour in West Africa. * Environmental concerns influencing packaging, procurement and operational decisions. Technology: * Less focus of private and government supported RD expenditures. * Farmers are less efficient in growing cocoa beans because of lack of proper knowledge, education and training. Industry Analysis: Even though there had been a gradual decline in the growth of chocolate industry as a whole, there is still opportunity in the premium chocolate sector of this industry, which is growing at 20% annually. The Canadian market size for chocolates was US$167 million in 2006 and it was projected to grow at 2% annually. The change in demographics with aging baby boomers and their emphasis on brand and quality has given an opportunity to traditional chocolate manufacturers like Hershey’s and Cadburys to shift their focus on the production of premium quality chocolates. Rogers’ Company is faced with many factors that are directly influencing the company, its competitive actions and competitive responses in the overall industry. The Five Forces of Competition Model: Michael Porter’s five forces of competition is an analytical tool that can be for Rogers’ Chocolate to measure the intensity of the industry competition and an industry’s profit potential. Threat of New Entrants: Hershey’s and Cadburys are moving towards the premium chocolate market through the acquisition or upmarket launches (Zietsma, 2007). The profit potential present in this sector supported by its 20% annual growth rate make it very attractive for large organizations to come forward and avail this opportunity. There is a low threat of new entrants prevailing in this chocolate industry because of the high capital requirements and expected retaliation by current manufacturers. Current players in the industry also possess some barriers to entry for new entrants by maintaining economies of scales with their large production capacity and keeping their product differentiation with their specialized and novelty chocolate products. Even though there are low switching costs and easy access to distribution channels, but still the brand loyalty of the customers including the Rogers’ Chocolate itself make it harder for new firms to come into the competition. Bargaining Power of Suppliers: There is a high bargaining power of suppliers because of the need of the key ingredients required for chocolate manufacturing and limited number of suppliers for this industry. Since cocoa trees require tropical climate, it forces the main producers in the west to import them from countries in West Africa or other hot places where suppliers are dominated by few large companies The chocolate and cocoa industry relies on suppliers to deliver high quality products that meet food regulations and consumer taste tests. If the suppliers’ product is not available or does not meet the quality expected, the industry will suffer greatly. This dependency on the suppliers’ product and the absence of substitute products increases the suppliers’ bargaining power. Bargaining Power of Buyers: Even though there are no substitute products for the manufacturing of chocolate, the buyer groups are still powerful because they purchase a large portion of the industry’s total output. Since there are many wholesale buyers of cocoa beans for the manufacturing and selling of the chocolate, it increases the bargaining power of the buyers that forces suppliers to lower their prices or increase their product quality. Another condition that affects the power of buyers is product differentiation. If the product is undifferentiated, the buyer has the power to play competitors against each other and reduce the cost. The chocolate and cocoa industry has a differentiated product, which reduces the power of buyers. The industry has several large players that have brand identification and customer loyalty, which makes it hard for buyers not to use a particular supplier. Threat of Substitute Products: Majority of the chocolate sales occur during the Christmas season and people buy chocolates to give as Christmas gifts or during the Valentine’s Day or Halloween. Other types of gifts during these occasions are considered as substitute products that may include flowers, jewellery, stuffed toys etc. Many people consider chocolate as unhealthy while some people can use other flavours such as lemon, vanilla, peanut butter or mint instead of chocolate that brings a low to moderate threat of substitute products to replace chocolate. Intensity of Rivalry Among Competitors: The presence of a many and equally balanced chocolate producers increases the rivalry among the competitors by permitting vigorous actions and responses by the competitors. With the slow industry growth, chocolate industry for instance, markets become more intense as companies battle to increase their market shares by attracting competitors customers. It results in more price wars, marketing and advertising battles between the competitors. Another factor that intensifies the competition and rivalry among competitors is the high storage and fixed costs that pushes chocolate producers to maximize their production capacity. In order to sell this excess capacity, organizations give purchase rebates and other special discounts to customers that increases the competition. Standardization and differentiation along with low switching costs in chocolate industry also fuels competition. Competitor Analysis: Competition in the chocolate industry in Canada is led by some regional brands along with a few larger producers. Major players in the market include Godiva (Nestle), Bernard Callebaut, Lindt, Purdy and a few local premium chocolate companies like Laura Secord and Rocky Mountain Chocolate Company. There are many factors influencing the competition in this industry that include variations in the price points and quality of different premium chocolate product lines. Each individual company has its own unique technique to boost itself from its competitors. Many companies have their own fancy packaging styles for their products’ delivery that target different customers helping them in getting above average returns. Widespread distribution of products and attractive presentation and displays are some other effective tools that are adapted by many companies in this business offering them good returns on their investment. A company with good and intense marketing and advertising along with widespread geographical location gains more market share compared to the one that is limited to a certain area. Some companies have focused more on their mall outlets while some have taken spots in different tourist attractions. For some companies, retail sales are more promising than wholesale strategy, which shows that selling strategy plays an important part in the success of a company. Even though all forces stated above hastens competition among these chocolate companies, product quality surface to have least impact on extent of competition (Zietsma, 2007). Attractiveness and profitability of chocolate products is determined by how the product is moulded, coloured, and packed (Ellis, M.et al, 2007). Key Success Factor Analysis: Numerous factors that can add up to the successes of Rogers’ Chocolate are as follows: Understanding and Satisfying Consumer Needs Part of the external analysis is to scan, monitor, forecast and assess the timing and importance of environmental changes and trends. In order for Rogers’ Chocolate to get strategic competitiveness, it’s very important that it understands the trends in the chocolate industry that are moving towards premium chocolate with high-quality and high-taste matched with classy packaging, beautiful retail experience and fair pricing. Rogers’ Chocolate already has award-winning reputation with its friendly customer service, pretty theme in its retail outlets with images and aromas. Customers buy premium chocolates for special events or for corporate gifts, so it’s very important that special focus is put on their attractive and unique packaging. Rogers’ Chocolate has it all. Rogers’ Chocolate needs to focus on the sale of its wholesale orders that constitute 30% of the total sales but it has been declining gradually due to inclination of the buyers towards other cheaper brands. It needs to reconsider its pricing strategy, marketing and relations with these customers. Extensive marketing in order improve brand awareness: Regardless of Rogers’ Chocolate being the dominant player in the chocolate industry, it only occupies 7% share in the $167 million market. Premium chocolate is a growing sector with high profit potential and Rogers’ Chocolate has the ability to avail this opportunity if it extends its marketing strategy in order to grow in the near future. Pricing Strategy: Price of chocolate product also affects success of producing firm. Company’s Price of the product determines consumption rate of the product. Whether price is regulated by the organization itself or state-based decision, it affects demand of the product. Demand and price of any product are inversely related. Low market demand implies low net sales, which makes success of the company to be uncertain. Another aspect of price factor is in determination of production cost. Lower prices than other producers of the same type of commodity make production cost expensive. On the other hand, high price reduces market demand of any product. In a case where different companies sell similar product at different prices, companies using extreme prices are at risk of failing Geographical Distribution: It is very important for the success of the company to have a widespread geographical distribution of its products. A company with many locations is more likely to have its customers familiarized with its products and image. Brand loyalty increases when customers know that their preferred brand is located not too far from them. Product Diversification: Product diversification is applied in cases where stiff competition exists in the market. Instead of maintaining production of only one type of chocolate product, modification in shape, color, and different composition ensures further success of a company. Internal Analysis: Strengths: * Well-established and reputable Brand * Experienced Management Team * Rich history and tradition in Canada * Award winning recognition * Revenues * Loyal customers * Devoted Employees and Passionate Employees * Quality products hand wrapped Weaknesses: * Production process – not efficient and no measuring capabilities * Demand forecasting – difficult due to seasonality of sales * Management’s and Employee’s resistance to change. * Management team conflicts * Packaging * Lack of brand image and customer awareness * Cost of setting up and cleaning equipment * Inventory Management – Out of Stock and Over stock – production planning issues * Decrease in Wholesale * Online Sales only 4% Opportunities: * Growth in European and Asian markets * Retail and Online expansion * Increased production capacity * Trends and shifts in consumer confectionary market * Kiosks in airports * Organic trade line Threats: * Economy and demand fluctuations * Competitors * Decreased number of tourists. * Environmental concerns and human rights concerns expressed by some consumers * USFDA guidelines for â€Å"redefining† chocolate Rogers’ Chocolate has 24,000 sq. ft. production facility with 110 non-unionized retail and production employees. 75 employees work in retail while 35 in the production. Hand making and hand packing made the chocolate production very labour intensive while big portion of the costs were that of set-up time and cleaning time for the equipment during the batch processing. There are no means of measuring the productivity and efficiency in the plant. Another issue faced by the Rogers’ Chocolate is its inability to forecast the demand and hence the production of its products due to the seasonality of the sales. This problem is dealt with excess production to deal with the out-of-stocks during the peak seasons. The delays in the import of art tins for assortment from China also throw the schedule off for the next product in production line. Rogers’ Chocolate has a very low turnover rate because of its historic heritage of 120 years and strong family values. Some workers were third-generation Rogers’ employees with strong commitment and passion for the company. However, it created a problem for the company because employees were resistant to any change in the company. Rogers’ Chocolate was also involved in the local community service by employing people with disability and a group of brain-damaged individuals. The organization had a very good and friendly corporate culture where people respected each other on first-name basis. Compensation packages offered to the employees were also very competitive in order to retain the experienced employees. Rogers’ Chocolate has the potential of growth with its present resources. The company has a well-managed and competent workforce, which is the driving force for the entire organization. The board of directors consist of educated and experienced people who have good know-how of the industry. The production facility and other tangible and non tangible assets permit Rogers’ to come forward to lead the industry. It has all the right business tools that are required by an organization in order to succeed. Rogers’ has access to the main markets of the country that include its retail outlets, wholesale sales and online sales. All these resources and its ability in making premium chocolate with high quality and high taste make it a potential threat to its competitors. If utilized properly, these resources and capabilities can allow Rogers’ Chocolate to formulate a strategy to earn above average returns. Recommendations: * Focus on strengthening current retail operations than wholesale. * Roger’s good corporate social practices will also focus on human rights (labour laws), packaging, procurement and operational decisions. * Increase brand awareness to capture more market share. * Focus growing the retail business into new geographic markets. * Continue to grow complementary business lines (i. e. Ice Cream) * Develop core competence in operations management to drive efficiencies and reduce inventories. * Upgrade technology in production to increase capacity * Create new product lines and packaging to broaden the customer base. * Franchise Sams Deli. It has large amount in administration expenses. * Franchise retail chocolate stores. * Offer promotions on special events like Christmas, Father’s Day, Mother’s Day, and Valentine’s Day etc. * Keep existing customers happy with special discounts and customer loyalty programs.

Pacifisim vs. Realism Essay -- Argumentative Persuasive War Essays

Pacifisim vs. Realism In this paper I will be analyzing and critiquing the theory of pacifism. This theory is the belief that war is never an option under any circumstance. Even if a nation is being attacked a pacifist will believe that retaliating is morally wrong for a number of reasons. Such reasons behind pacifism are supported by issues of morality and what the pacifist themselves feel to be morality. I will provide three arguments to the pacifist way of thinking. It is an inevitability that with war lives will be lost, but that also innocents not officially involved in a war will lose their lives. There is simply no way around the loss of innocent lives amidst war in this age of advanced weaponry, which is specifically designed to take the lives of many with just one use. The pacifist argues that the inevitable losses of innocent lives are unacceptable and therefore war is an unacceptable solution to a conflict. This is my first and most prominent argument for pacifism. Those in opposition of the theory of pacifism argue that the targets of all military operations are the enemy or those with evil intent, but history shows us through such events as the bombings of Hiroshima and Nagasaki during World War II that innocents can be lost in massive amounts, which far outweighs any possible good done by such military operations. The fact of the matter is, innocents are lost during times of war and that alone should be enough reason to make war unjus tifiable. Robert Holmes put it best when he wrote, "There must be a new conception of how to get along in the world, a recognition that only the individual person is of ultimate value - not governments, not abstractions, not collectivities - and that if we do not cherish the life... ... many to overlook. We do not live in a "John Lennon" world. We can imagine it, but to make it reality is an impossibility and our stance on war should reflect this impossibility. A country cannot survive alone on an optimistic look at things. Sometimes action is necessary. Sometimes the lives of many must be sacrificed to preserve a nation. Realism ensures safety through out the country. By keeping ourselves safe other countries may decide to follow our example and thus world peace is spawned. Though total world peace can never be reached due to the imperfect world we live in realism can lead us closest to it because of its ignoring of morality. Trusting facts will produce a far more positive result in the long run than trusting feelings. Feelings can cloud our judgments, but the realistic view helps us avoid that. It helps us ensure peace throughout the country. Pacifisim vs. Realism Essay -- Argumentative Persuasive War Essays Pacifisim vs. Realism In this paper I will be analyzing and critiquing the theory of pacifism. This theory is the belief that war is never an option under any circumstance. Even if a nation is being attacked a pacifist will believe that retaliating is morally wrong for a number of reasons. Such reasons behind pacifism are supported by issues of morality and what the pacifist themselves feel to be morality. I will provide three arguments to the pacifist way of thinking. It is an inevitability that with war lives will be lost, but that also innocents not officially involved in a war will lose their lives. There is simply no way around the loss of innocent lives amidst war in this age of advanced weaponry, which is specifically designed to take the lives of many with just one use. The pacifist argues that the inevitable losses of innocent lives are unacceptable and therefore war is an unacceptable solution to a conflict. This is my first and most prominent argument for pacifism. Those in opposition of the theory of pacifism argue that the targets of all military operations are the enemy or those with evil intent, but history shows us through such events as the bombings of Hiroshima and Nagasaki during World War II that innocents can be lost in massive amounts, which far outweighs any possible good done by such military operations. The fact of the matter is, innocents are lost during times of war and that alone should be enough reason to make war unjus tifiable. Robert Holmes put it best when he wrote, "There must be a new conception of how to get along in the world, a recognition that only the individual person is of ultimate value - not governments, not abstractions, not collectivities - and that if we do not cherish the life... ... many to overlook. We do not live in a "John Lennon" world. We can imagine it, but to make it reality is an impossibility and our stance on war should reflect this impossibility. A country cannot survive alone on an optimistic look at things. Sometimes action is necessary. Sometimes the lives of many must be sacrificed to preserve a nation. Realism ensures safety through out the country. By keeping ourselves safe other countries may decide to follow our example and thus world peace is spawned. Though total world peace can never be reached due to the imperfect world we live in realism can lead us closest to it because of its ignoring of morality. Trusting facts will produce a far more positive result in the long run than trusting feelings. Feelings can cloud our judgments, but the realistic view helps us avoid that. It helps us ensure peace throughout the country.

Explain errors of omission and errors of commission. Essay

Explain errors of omission and errors of commission. Ans – == Errors of commission == An error of commission occurs when you record an incorrect value in posting. Such errors include original entry errors, transposition errors, calculation errors and reversal of entries. An original entry error occurs when an incorrect figure is recorded and posted. A prime instance of this is the ten-key error, where you accidentally hit the number above the correct key. For example, if you enter 7, instead of 4, you would get a difference of 3, 30 or 3,000,000 even. The transposition error occurs when you switch two digits in a number. For example, if you enter 71 as 17 or 428 as 824, you have committed a transposition error. Notice that the difference between the two numbers in a transposition error is always evenly divisible by nine. The result of 71 – 17 is 54 and 824 – 428 is 396. Calculation errors occur when you use incorrect totals. For instance, if you properly record transactions in a sales ledger but incorrectly total this and use the incorrect figure in the income statement, a calculation error has occurred. Reversal of entries occurs when the correct figures are used in the correct accounts, but they were entered on the wrong side of the respective accounts. For instance, if you record a sales transaction by debiting Sales and crediting Cash/Bank, you commit a reversal of entries error. == Errors of omission == Errors of omission can be one of the more difficult errors to detect, since they involve failing to record a transaction partially or completely. An error of omission may be hard to detect because it could lead to a balanced accounting equation. This type of error demonstrates why accountants and accounting students should double check their work properly to see if anything was omitted, instead of using a balanced Statement of Financial Position as validation. For example, if you fail to record depreciation in a period or record a devalued asset, such errors of omission would only be detected through careful scrutiny of all particulars. == Errors of principle == Apart from being accurate and careful to include all figures, accountants must also ensure that they are procedurally accurate as well. An error of  principle is one that is contrary to the fundamental principles, concepts and assumptions of accounting. For instance, if you record capital expenditure as revenue expenditure or treat withdrawals by the business owner as an expense, these go against the fundamental principles and held concepts in accounting. Such errors will skew the figures in the income statement and statement of financial position. == Conclusion == In accounting, it is important to avoid making errors of commission, errors of omission and errors of principle. While seeing a balanced statement of financial position can be satisfying, it does not indicate that no errors exist in the recording and summarizing of transactions. It is easy to make any one of the three categories of accounting errors at any given time, hence the requirement that accountants be meticulous and alert.

Diva Shoes Questions

Questions for Diva Shoes Note: you have to address these questions but you can address other issues as well within the format constraints.1. What are Diva's projected profits for the fiscal year ending September 1995?2. What factors affect a firm's exposure to exchange-rate risk?3. â€Å"Forward traders quoted forward and futures prices based on the difference between foreign and U. S. interest rates. † Explain what this means in your own words and why ?4. â€Å"In addition, some of Diva’s foreign exchange risk was reduced by offsetting inflows and outflows in particular markets. † Explain what an operational hedge is with examples of your own.5. What did Bisno perceived as the cost of doing business overseas ? does his perception make economic sense ? Why or why not ?6. Explain exactly how to estimate the annualized standard deviation of lognormal returns of exchange rates relative to U. S. dollars. How would you do the calculation if the data were weekly instea d of monthly ? daily ? explain in detail.7. How much exposure to exchange-rate risk does Diva Shoes have in April 1995? explain in detail and with numbers.8. Suppose that Diva chooses to hedge its exposure in yen using the forward contract described in case Appendix A or the currency option described in case Appendix B. Assume that you lock in these contracts at the forward price implied by interest-rate parity for September 1995. Draw the payoffs to the position at maturity for each alternative with the exchange rate defined in USD/JPY x 10,000 units (i. e. , the same units as the currency option is quoted).9. What do you see as the trade-offs between the alternatives for hedging ? 10. Do you think Bisno should remain strictly a shoe salesman or do you favor hedging his exposure? If you favor hedging, which alternative would you recommend to him?

Advanced Audit Principles and Practice The WritePass Journal

Advanced Audit Principles and Practice Executive Summary Advanced Audit Principles and Practice Executive SummaryIntroductionOverview of Changes in Audit RegulationsReactions of Audit Firms to Regulatory ChangeEnron and Lehman – A ComparisonDetecting Fraud and ErrorsReporting on Business Going Concern Actions of Arthur Andersen and Ernst Young that could have Avoided Litigation ConclusionsReferencesRelated Executive Summary The recent financial crisis has led to a great deal of discussion about the role of the auditor and whether the increased regulations are now effective in reducing the chance of further difficulties of this type, in the future. By looking at the collapse of both Enron and Lehman Brothers, it can be argued that the ineffectiveness of the auditing profession and, in particular, the lack of independence between Arthur Anderson and Enron, were seen to be critical factors in the downfall of Enron. Bearing this in mind, there have been some fundamental changes to the auditing regulations, in order to rebuild investor confidence and also to ensure that there is much less chance of similar problems occurring, in the future. Introduction The failure of Enron in 2001 resulted in a dramatic shift in the approach to auditing, in the UK (Fazdly Ahmad, 2004). The collapse was largely due to the relationships between Enron and its auditors, where Enron was audited by Arthur Andersen LLP which was Enron’s main client.   Arthur Andersen provided substantial non-audit related services and worked attentively with the management to create procedures for suppressing the real figures for the financial statements. Questions that have arisen following the collapse of Enron and discussion were had over whether or not the auditing undertaken offered the level of certainty that is necessary for an effective economy (Alleyne Howard, 2005). Overview of Changes in Audit Regulations Following on from the collapse of Enron, the UK government established the Coordinating Group on Audit and Audit and Accounting Issues (CGAA) which comprises of high level groups of regulators and ministers looking at auditing. The matter was also deemed to be relevant in the US and, in 2002, legislation came into force in USA, where the Sarbanes-Oxley Act introduced, announcing changes to the regulation of financial practice and corporate governance. It contains 11 titles which aim to protect shareholders and stakeholders from creative accounting, fraud and embezzlement practices in US corporations. The act is monitored by the Securities and Exchange Commission (SEC), and places deadlines for compliance and publishes the rules’ requirements.   The aim of the Act is go through legislative audit requirements and to protect investors by advancing the accuracy and reliability of corporate disclosures. Nevertheless, it covers matters such as launching a public company, accountin g oversight board, audit independence, corporate responsibility and enhanced financial disclosure. The assumption of the Sarbanes-Oxley Act is that the regulations apply equally, as is makes no difference between US and overseas registrants. The CGAA in the UK was set up by the Chancellor of the Exchequer and the Secretary of State for Trade and Industry, and is made up of high level group of regulators and ministers with the authority for managing the review of the regulatory framework. The foremost matters included in the review are audit independence and making recommendations for change. It was noted at the outset that auditing is a vital part of the accounting framework which then sustains the capital markets and legitimises the financial statements.   The main concept is to reassure the shareholders and stakeholders that the corporation’s financial statements are true and fair. Furthermore, it will add credibility and reliability to the financial statements, meaning that an auditor should be competent and independent. As a result of this, the CGAA has made several significant changes in relation to the rotations of audit partners and key audit staff (Church and Zhang, 2006). There is no obligation for the UK listed companies to change auditors after a number of years in office. Nevertheless, where the same audit engagement partner acts for an audit client, for a protracted period of time, threats are likely to occur, as a result of familiarity (Hussey, 1999). Consequently, the UK regulatory obligations are that, for listed corporations, the audit engagement partner cannot perform for more than seven years and cannot return to that role for further five years. The International Federation of Accountants (IFAC) was also developed as regards to the Code of Ethics for Professional Accountants. This is principally in line with the present UK approach to audit independence, which is directing on the threats to audit independence and the safeguards. Furthermore, audit responsibilities have developed from looking at straight-forward error and giving true and fair audit opinion to the establishment of a value-added services for consumers and regulators; services consist of reporting on internal control deficiencies, identifying business risks and even providing guidance on these risks. Consequently, auditors are expected to be articulated in accounting and reporting standards and requirements, as well as in diverse areas varying from the technological to the legal aspects of business and finance. In this context, pressure on the audit function is increasing, due to audit related corporate failures and new regulations (Dunn, 1996). As part of the review and as a direct result of the collapse of Enron, the concept of auditor independence and the way in which providing non-auditing services impact on the level of independence came under particular scrutiny (IAS Plus 2002). As a result of this, five key areas have been looked at within the area of audit and review of the regulatory framework. This entailed, firstly, the need to increase transparency where disclosure is concerned; secondly, looking at all the potential threats to independent, auditing; thirdly, looking at issues associated with non-auditing services and how they should be managed; fourthly, looking at international variations, recognising that they could create difficulties in harmonisation if not achieved; and finally, the requirement to identify the role of the audit committee within these organisations. The regulatory framework in the UK was therefore developed in a much more robust manner, in order to ensure that the type of close-knit relationship experienced in Enron does not reappear and that organisations are placed under the appropriate level of scrutiny, in terms of their financial activities. This was also recognised to be important, not only from the point of view of achieving genuine independence and robustness within organisations, but also to increase consumer confidence. Moreover, in the current economic crisis, there are concerns that organisations might behave in an unscrupulous manner and therefore developing a regulatory framework which offers security to investors will be a critical part of the long-term recovery of the UK economy (Salter, 2008). Reactions of Audit Firms to Regulatory Change As a result of the changing regulatory structure, clear changes that have emerged within auditing firms, across the UK. Many of these changes have taken place in order to comply with the new regulatory standards. However, by identifying the way in which the auditing firms are changing their working procedure, it is possible to obtain a greater understanding of how influential the recent changes to the auditing practices in the UK have been on the economic recovery (Byrne, 2001). Substantial changes have happened in relation to the operation of auditing firms. The main change is that there is a greater requirement when it comes to auditor independence and this is seen as a crucial solution to the previous problems faced by auditing firms handling the management of an organisation. One of the main findings which emerged in Enron was the fact that the auditing firm Arthur Andersen and was so reliant on Enron for many of its projects and income, that it was not prepared to challenge the directors and was therefore highly unlikely to undertake a full and comprehensive audit. Regulatory changes have stepped in to prevent the amount of non-auditing services reaching such a high level that this type of independence is jeopardised (Collins, 2006). Another issue which has emerged from the regulatory changes is the fact that many auditing firms found themselves in financial difficulties. These firms, therefore, looked at ways of making the auditing process easier by standardising the approach and using common practices which would enable them to use checklists, in order to plan and record the auditing questions. Whilst this was an effective way of operating, in many cases, it did result in a lack of thoroughness. Furthermore, by increasing the level of regulation and the expectations that would emerge from a thorough audit, auditing firms have had to change the fundamental method of operation, to comply with these increased regulatory standards (ACCA, 2010). The regulations not only look at how each individual auditing firm operates but also look at the interaction between the auditing firms and institutions such as the Financial Services Authority, thus requiring a much higher level of interaction between the auditing firm and the large corporation and the FSA, to ensure greater scrutiny of particular accounting practices. The most notable change, however, when it comes to regulations is the replacement of Scheduled 2 of the Companies (Disclosure of Auditor Remuneration and Liability Limitation Agreements), which places a much greater reliance on disclosure relating to non-auditing services, so that issues relating to independence can be more transparently analysed. On the whole, however, it can be seen that auditing firms have looked towards changing their operations, both internally and externally. This is in recognition of the fact that, in order to achieve economic recovery, it is necessary for the public and investors to be able to trust the auditing profession to give a true and accurate reflection of the financial statements within a particular organisation. By recognising that the FSA has become much more involved in the interaction between auditing firms and the regulators, this has required auditing firms to become much more transparent in their operations, both as a result of regulatory changes, but also as a result of changing markets demands (Sukhraj, 2010). Further changes have been made as a result of the Companies Act 2006 which requires greater disclosure of financial statements and, in particular, areas such as the level of director remuneration and a more thorough statement from the auditors in relation to the contents of the financial statements. All of these changes have had a fundamental impact on the work of the modern day auditor. Enron and Lehman – A Comparison Enron and Lehman Brothers proved that corporate governance is vital to successful business and social welfare and after Enron filed for Chapter 11 bankruptcy, in 2001, further evidence appeared of corporate governance weaknesses and fraudulent activities. It is recognised that shareholders and stakeholders can be corrupted by a firm’s status and success; however, according to economic and finance theory, this should not happen due to them being rational economical agents. A serve lack of transparency in Enron’s balance sheets meant that no one was aware of this and other off-balance-sheet liabilities, until it was too late (The Economist, 1 November 2001). The main accusation covered fraud and material misstatement in the company’s financial reports. Even though Enron’s annual reports indicated financial prosperity, it was clear that Enron’s management knew a lot more than it was letting on (Kroger, 2004). Ultimately, the fundamental reason behind t he collapse of Enron was on account of deceiving financial statements, as they modified the data to show a successful performance. Enron was audited by Arthur Andersen, for over 20 years, and it was responsible for verifying that the financial statements were true and fair, as well as providing credibility and assurance for the shareholders and stakeholders (Fusaro and Miller, 2002). Although lack of audit independence was considered to have an impact on the collapse of both Enron and Andersen, the latter also provided internal, external and consulting services, where 70 % of the work was non-audit related. Previous Andersen staff had worked for Enron, as well, and the relationship between the consumer and auditor was too informal. There was no audit rotation, because Anderson had been working with the same client, for over 20 years, this familiarity was a particular threat to their independence. It was also argued that this would increase the level of self-interest threats. Arthur Andersen provided internal audit services to Enron, as well as external; therefore, this influenced the audit independence and integrity, as the duties of the external auditor are to review the internal auditor’s work and form an opinion, and based on that, Andersen refused to acknowledge the fraud and manipulation, while giving a true and fair review (McLean and Elkind, 2003). Lehman Brothers had fragile corporate governance arrangements which failed to safeguard it against even moderate risk taking and this was seen to be central to the collapse (Porter et. Al. 1996). The fundamental reason for the failure was the misconduct of the audit firm which was Ernst Young and the work of the board in conjunction with the auditors. The similarities between the collapse of Enron and the collapse of Lehman Brothers could be seen in the areas of audit risk and auditors giving incorrect audit reports.   Lehman Brothers filed for many reasons, corporate governance failures were the most important, especially risk management. Lehman Brothers failure and other failures that happened in the financial crisis will, in turn, spawn a new wave of corporate governance (Greer Tonge, 2006). Detecting Fraud and Errors A key question which has emerged from both the collapse of Enron and Lehman is to expand the role of the auditor when it comes to detecting fraud, within the organisation. Investors may well believe that the auditors should in fact be in a position where they are required to investigate and identify any potential, fraud that may exist within the financial position of a particular company; however, the matter is not so clear when specific auditing requirements are looked at (Cosserat 2004). This distinction can be seen as the expectation gap which exists between what the public and investors believe that the auditors are doing and what they are actually required to do. ISA 240 which looks at the auditors’ responsibility to consider fraud in the audit of financial statements clearly indicates that it is the responsibility of the management team to deal with issues relating to fraud, by establishing control systems within the internal accounting processes that would detect fraud (HM Treasury, 2010). The auditor simply has the role of establishing that no material level of fraud has been omitted from the financial statements and is not responsible for the prevention of fraud, in the first place, but rather insuring that any instances of fraud are accurately reported to the public. This simple distinction is particularly important when it comes to public perceptions, and although auditing practices are seen to be linked to the collapse of Enron and Lehman Bros, the r eality is that the management teams need to take an increased level of responsibility and it cannot simply be said that the auditors failed in their duty. Reporting on Business Going Concern As noted in previous sections of this report, an audit report on financial statement does not necessarily provide a full and frank disclosure of the position of the organisation. However, the precise role of the auditors has been somewhat muddied and one particular criticism which has emerged following the high-profile collapse of Enron and that of Lehman Bros was the lack of going concern opinion being presented by Arthur Andersen when auditing Enron for the last time (Porter, 1997). Regulatory changes now require auditors to â€Å"perform audit procedures designed to obtain sufficient appropriate audit evidence that the event at the date of the auditors report that may require adjustment of, or disclosure in, the financial statements have been identified† (Auditing Practices Board, 2004, p. 3). This discussion of going concern reporting can therefore be seen to be inherently important to the role of the auditor when identifying a threat to the solvency of a company. The role of the auditor is to identify that the financial statements have been prepared in a way that involves consistently applying accounting policies and that any judgements made as a result of management understanding has been done in a reasonable and prudent manner. It does not require a statement as to whether or not the business is likely to remain solvent over a prolonged period of time and a lack of going concern statements presented on behalf of Enron was potentially a real negative, in terms of the role of the auditors in this large organisation (Swartz and Watkins, 2004). In the case of Enron, it could be argued that the collapse of the organisation was as a result of poor managerial decisions and not necessarily as a result of fraud and error and therefore it is questionable whether the auditors would have a role in identifying the underlying problem. Despite this, there is a strong argument to suggest that had the auditors been required to give a going concern statement, it may have been possible that the investors were alerted to the problems within Enron, at a much earlier date (Venuti et. al 2002). Actions of Arthur Andersen and Ernst Young that could have Avoided Litigation Both auditing companies suffered substantial problems as a result of the collapse of Enron and Lehman Bros. In the case of Arthur Andersen, its role in failing to identify the problems within Enron could have been seen as fundamental to its ultimate collapse, with Ernst Young being charged for professional negligence, as a result of its role in the Lehman collapse (Ruddock et. Al 2004). This presents a potentially difficult situation for auditing companies and the discussion of what Arthur Andersen and Ernst Young could have done differently has been the subject of much recent debate. Conclusions One particularly obvious issue that has arisen during the analysis of how Enron failed is the fact that its auditor, Arthur Andersen, gained a large amount of revenue from Enron in relation to non-auditing services. Therefore, by allowing itself to become so reliant on Enron, Arthur Andersen put its auditing team in such a situation that it was unlikely to be able to undertake its activities with sufficient independence. The individual auditors themselves were, therefore, under an almost impossible level of pressure to keep the directors of Enron happy and also to ensure that they used their subjective abilities, so as to maintain the strength of relationships between the entities (Vanasco et al 1997). Similar problems were seen to be present regarding Ernst Young, and its relationship with Lehman Bros. Although the collapse of Lehman Brothers did not destroy Ernst Young, it certainly had a negative impact, with Ernst Young having to fight its corner in the US Supreme Court. When looking at the collapse of Lehman Brothers, however, it was found by the Supreme Court that Lehman Bros did not in fact violate accounting rules; therefore, whilst there were some questionable practices being undertaken by the management team at Lehman Brothers, this was not sufficient to require the auditors to behave in a different manner or to have reported differently. It seemed, therefore, that Ernst Young had done nothing wrong, but a lack of thoroughness in its audit and the reputational damage that the collapse did to the accountants was not helpful to the longevity of the firm, going forward (Tackett et al 2004). References ACCA, 2010,  Value regained: restoring the role of audit in society (1-10),  viewed April 12th  2011, Alleyne, P. Howard, M. (2005). An exploratory study of auditors’ responsibility for fraud detection in Barbados. Managerial Auditing Journal. 20(3):284-303 Auditing Practices Board, 2004  International Standard on Auditing (UK and Ireland)  560: Subsequent Events. London: APB Byrne, P (2001)  Auditor independence: an update  (Online) Available at: accaglobal.com/archive/2888864/3124 Collins, D. (2006).  Behaving Badly: Ethical Lessons from Enron. Dog Ear Publishing, LLC Cosserat G, W. (2004)  Modern Auditing; Chichester England, John Wiley Sons Ltd Church, B, K, Zhang, P (2006)  A Model of Mandatory   Auditor   Rotation   (online) Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=874884 Dunn, J (1996)  Auditing Theory and Practise, 2nd edition, Essex, England Pearson Education Limited Fazdly, M. Ahmad, Z. (2004). Audit expectation gap. Managerial Auditing Journal. 19:897-915 Fusaro, P. and Miller, R. (2002). What Went Wrong at Enron: Everyones Guide to the Largest Bankruptcy in U.S. History. John Wiley Sons Greer L Tonge, A (2006)  Ethical foundations: a new framework for reliable financial reporting Business Ethics: A European Review, Vol 15 Issue 3, Page 259–270 HM Treasury, 2010.  A new approach to financial regulation: judgement, focus and stability. London: The Stationery Office Hussey, R (1999)  The Familiarity Threat and Auditor Independence, Vol. 7 Issue. 2 pg 190-197  Corporate Governance,  Blackwell Publishing IAS Plus (2002)  Principles of Auditor Independence and the Role of Corporate Governance in Monitoring an Auditor’s Independence Available at: iasplus.com/iosco/iosco2.pdf Kroger, J, R, (2004)  Enron, Fraud and Securities Reform: An Enron Prosecutors Perspective.  University of Colorado Law Review, Available at SSRN: http://ssrn.com/abstract=537542 McLean, B. and Elkind, P (2003). The Smartest Guys in the Room. New York: Portfolio Trade Porter, B., Simon, J Hatherly, D., (1996),  Principles of External Auditing, John Wiley Sons Ltd Porter, B. (1997). Auditors’ responsibilities with respect to corporate fraud: a controversial issue, in Sherer, M. and Turley, S. (Eds), 3rd ed., Current Issues in Auditing, Paul Chapman   Publishing. London, Ch. 2:31-54. Ruddock, C. M. S, Taylor, S. J, Taylor, S. L., (2004) Non-Audit   Services and Earnings Conservatism: Is Auditor Independence Impaired? Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=303343 Salter, M. (2008). Innovation Corrupted: The Origins and Legacy of Enrons Collapse. Harvard University Press. Sukhraj, P 2010. Thinking about disclosure.  Accountancy Magazine, February, p. 22–23. Swartz, M. and Watkins, S (2004). Power Failure: The Inside Story of the Collapse of Enron. Broadway Business Tackett, J Wolf, F, Claypool, G (2004)  Sarbanes-Oxley and Audit Failure; A critical Examination, Managerial Auditing Journal, Volume 19, Issue 3 Vanasco, R, R, Skousen, C, R Santagato, L, R (1997)  Auditor Independence: An International Perspective, Managerial Auditing journal, Vol 12 Issue 9 Venuti, E; Holtzman, M. P, and Basile, A, 2002,  Due professional care in cases of high engagement risk.  CPA Journal. Vol. 72, no. 12

Quotes from Emperor Justinian I

Quotes from Emperor Justinian I The emperor Justinian I was a formidable leader in 6th-century Byzantium. Among his many achievements is a legal code that would influence medieval law for generations. Here are some quotes from The Code of Justinian, and some that have been attributed to him. The Code of Justinian Those things which seem to many former Emperors to require correction, but which none of them ventured to carry into effect, We have decided to accomplish at the present time with the assistance of Almighty God; and to diminish litigation by the revision of the multitude of constitutions which are contained in the Three Codes; namely, the Gregorian, the Hermogenian, and the Theodosian, as well as in those other Codes promulgated after them by Theodosius of Divine Memory, and by other Emperors, who succeeded him, in addition to those which We Ourselves have promulgated, and to combine them in a single Code, under Our auspicious name, in which compilation should be included not only the constitutions of the three above-mentioned Codes, but also such new ones as subsequently have been promulgated. - The First Preface The maintenance of the integrity of the government depends upon two things, namely, the force of arms and the observance of the laws: and, for this reason, the fortunate race of the Romans obtained power and precedence over all other nations in former times, and will do so forever, if God should be propitious; since each of these has ever required the aid of the other, for, as military affairs are rendered secure by the laws, so also are the laws preserved by force of arms. - The Second Preface For true and pious reasons, We direct that no one shall be permitted to remove from the holy churches persons who take refuge there, with the understanding that if anyone attempts to violate this law, he shall be considered guilty of the crime of treason. - TITLE XII If (as you allege), you, a minor of twenty years of age, have manumitted your slave, although you may have been fraudulently persuaded to do so, still, the imposition of the rod by which freedom is lawfully bestowed cannot be rescinded under the pretext of defect of age; the manumitted slave, however, must indemnify you, and this should be provided for by the magistrate having jurisdiction of the case to the extent that the law permits. - TITLE XXXI It was in your husbands power, in a fit of anger, to change the provisions which he had made in his will with reference to his slaves, namely, that one of them should remain in perpetual servitude, and that the other should be sold in order to be taken away. Hence, if afterwards, his clemency should mitigate his anger (which, although it may not be proved by documentary evidence, still, nothing prevents its being established by other testimony, especially when the subsequent meritorious conduct of the said slave is such that the wrath of the master has been appeased), the arbitrator in the action in partition should comply with the last wishes of the deceased. - TITLE XXXVI It is customary to come to the relief of persons who have attained their majority, where divisions of property have been made through fraud or deceit, or unjustly, and not as the result of a decision in court, because in bona fide contracts whatever is established to have been done unjustly shall be corrected. - TITLE XXXVIII Justice is the constant and perpetual wish to render to every one his due. - Institutiones, Book I Quotes That Have Been Attributed to Justinian Frugality is the mother of all virtues. Glory to God who has thought me worthy  to finish this work.  Solomon,  I have outdone you. Keep cool and you will command everyone. Rather let the crime of the guilty go unpunished than condemn the innocent. Safety of the state is the highest law. The things which are common to all (and not capable of being owned)  are:  the air, running water, the sea and the seashores.

Reduce the Amount of Junk Mail You Receive by 90%

Reduce the Amount of Junk Mail You Receive by 90% If you’re interested in living a more eco-friendly lifestyle, heres something you can do that will help protect the environment and preserve your sanity: reduce the amount of junk mail you receive by 90 percent. According to information from sources such as the Center for a New American Dream (CNAD;  a Maryland-based nonprofit organization that helps people consume responsibly to protect the environment, enhance quality of life, and promote social justice) reducing the amount of junk mail you receive will save energy, natural resources, landfill space, tax dollars, and a lot of your personal time. For example: 5.6 million tons of catalogs and other direct mail advertisements end up in U.S. landfills annually.The average American household receives unsolicited junk mail equal to 1.5 trees every year- more than 100 million trees for all U.S. households combined.44 percent of junk mail is thrown away unopened, but only half that much junk mail (22 percent) is recycled.Americans pay $370 million annually to dispose of junk mail that doesn’t get recycled.On average, Americans spend 8 months opening junk mail in the course of their lives. Register Your Name to Reduce Junk Mail OK, now that you’ve decided to reduce the volume of junk mail you receive, how do you go about it? Start by registering with the Mail Preference Service of the Direct Marketing Association (DMA). It won’t guarantee you a life free of junk mail, but it can help. DMA will list you in its database in the â€Å"Do Not Mail† category. Direct marketers are not required to check the database, but most companies that send large volumes of bulk mail do use the DMA service. They realize there is no percentage in routinely sending mail to people who don’t want it and have taken action to prevent it. Get Off Junk Mail Lists You can also go to OptOutPreScreen.com, which can enable you to remove your name from lists that mortgage, credit card, and insurance companies use to mail you offers and solicitations. It’s a centralized website run by the four major credit bureaus in the United States: Equifax, Experian, Innovis, and TransUnion. Most businesses check with one or more of these companies before accepting your credit card or granting you credit for a long-term purchase. They are also a huge source of names and addresses for credit card, mortgage and insurance companies that routinely send junk mail to attract new customers and solicit new business. But there’s a way to fight back. The federal Fair Credit Reporting Act requires credit bureaus to delete your name from their rented lists if you make the request. Contact Companies That Send You Junk Mail If you’re serious about ridding your life of as much junk mail as possible, then simply registering with these services may not leave enough space in your mailbox. In addition, you should ask all of the companies you patronize to place your name on their â€Å"do not promote† or â€Å"in-house suppress† lists. If you do business with a company by mail, it should be on your contact list. That includes magazine publishers, any companies that send you catalogs, credit card companies, etc. It’s best to make this request the first time you do business with a company, because it will prevent them from selling your name to other organizations, but you can make the request at any time. Keep Track of Your Name to See How Junk Mail is Generated As an extra precaution, some organizations recommend that you track where companies are getting your name by using a slightly different name whenever you subscribe to a magazine or begin a new mail relationship with a company. One strategy is to give yourself a fictional middle initials that match the name of the company. If your name is Jennifer Jones and you subscribe to Vanity Fair, simply give your name as Jennifer V.F. Jones, and ask the magazine not to rent your name. If you ever receive a piece of junk mail from other companies addressed to Jennifer V.F. Jones, you’ll know where they got your name. If this all still seems a bit daunting, there are resources to help you get through it. One option is to use stopthejunkmail.com, which can provide further assistance or guidelines for reducing junk mail and other intrusions, from unwanted e-mail (spam) to telemarketing calls. Some of these services are free while others charge an annual fee. So do yourself and the environment a favor. Keep the junk mail out of your mailbox and out of the landfill. Edited by Frederic Beaudry

Discussion board 2.2 Essay Example | Topics and Well Written Essays - 500 words

Discussion board 2.2 - Essay Example The target behavior is one upon which people want to emphasize upon the behavior in essence. Similarly this is measurable and observable at the same time, and is stated within an operational capacity. Hence behavior is important to ascertain because it mentions the significant pointers that are a part of the human life. Behavior is hard to define due to a number of issues because its impacts are either short term based or one for the long term. Behavior leads towards practicing a general act or form that demands a change in attitude (Parnaudeau, 2011). There are a number of examples that have been mentioned in the power point, all of which have one context or the other as far as work manifestations are concerned for the human beings. The examples suggest the basis of success as to how the power point lists down the behavioral regimes and what kind of changes would be deemed as successful right from the onset of one such understanding. The power point also mentions the basis of the AB Cs of behavior which are clearly distinguished by the antecedent, the behavior and the consequence. These tenets list down the significant pointers which play a very imperative role at the formation of the ABCs of behavior in this day and age.

ACTA and Internet Counterfeiting Essay Example | Topics and Well Written Essays - 1250 words

ACTA and Internet Counterfeiting - Essay Example As an e-commerce medium, it is used as a payment medium through PayPal, VISA and other online payment systems. Moreover, it is the medium through which softcopy products like eBooks, software, online courses and other products are delivered. Since most of these activities involve transmission of sensitive information about people and more so customers, the information passing through the internet is encrypted such that the information encoded by the server can only be decoded by the client’s terminal and vice versa (Illing and Peitz, 2006: 102). This means that information being transmitted over encrypted networks cannot be accessed by third parties. This security property of the internet is priceless since it helps to sustain the faith that suppliers and consumers have on the internet; however, it also poses one of the major challenges in regulation of content being transmitted over the internet. It enables the internet to be used for transmission of information, a large port ion of which is unauthorised for electronic transmission (Biagi, 2011). Such information includes transmission of age-inappropriate content, rumours and propaganda that may undermine peace and stability, and copyrighted material. Censorship for inappropriate content can be easily implemented at a country or state level; however, transmission of copyrighted material like music, eBooks and software is hard to control since sharing networks entails use of multiple servers located all over the globe (Hertwig and Maus, 2010: 60). This necessitates the adoption of a common regulatory system, whereby countries work together to enforce antipiracy regulations. This essay discusses the effects of internet infringement of property rights and copyrights and discusses the adoption of ACTA (Anti-Counterfeiting Trade Agreement), especially in the European Union. Technical Factors Historically duplication of copyrighted materials has always happened; however, the internet offered a channel that mad e the process quite easy to achieve with little skill level. Moreover, the vastness of the internet and its high rate of growth make any attempt to control its content an exercise in futility. Moreover, the technical knowledge of computer networking specialists gives them the ability to bypass any efforts by regulators, which is the main reason for proliferation of illegal websites (Woodsworth, 2010: 185). Moreover, developments in the information technology sector resulted in the proliferation of highly efficient but cheap IT equipment, which increased the number of servers, terminals and other devices beyond the scope of regulatory bodies. In order to cover the increased usage of the internet for illegal purposes, all stakeholders had to be incorporated in the process, which was the main motive of the implementers of ACTA. The other factor that leads to a high proliferation of computer piracy of software and other copyrighted materials is the capacity of network connections to wor k in both directions, such that information flows to or from a terminal in the same way it does to a server. This allows network terminals like workstations, personal computers and other devices to be used as sources of data, especially as used in peer-to-peer protocols like BitTorrent (Hunnewell and Garlick, 2007). These networks allow users to share data in their computers with other users without the need for a server; which makes it almost impossible to detect the circulation of copyrighted material since pieces of the software or other content are usually spread throughout the terminals in the networks. In this case, remarkably

Biology - DB 1 Assignment Example | Topics and Well Written Essays - 250 words

Biology - DB 1 - Assignment Example set-up equipped with tools and appliances that enables smooth operation and achievement of the objectives of the organization (Kietrys, Szopa, & BaÃŒ §kowska-Zywicka, 2009). In an analogy comparison of an organizational operation system to the organelles, a chloroplast could be compared to a solar panel. This is because the function of the chloroplast in a plant cell is to trap the solar energy for photosynthesis thus contributes to the manufacture of glucose for the sell. In the same nature, a solar panel traps the suns energy that is converted to electrical energy for provision of power for the functions in an organization. Analogical representation of a mitochondrion in an organization is a furnace. Just as a furnace is responsible for the boosting of the backing energy, a mitochondrion is responsible for the production of energy through the action of cellular respiration. A cell membrane can be compared to the security system in an organization that helps in controlling the entry of substances in an out of the cell. A vacuole could be like a store room in an organization that helps in the storage of surplus. Energy is the utmost requirement for the functionality of an organism. Unlike plant cells that can manufacture their energy through the process of photosynthesis, animal cells can only acquire their energy supplies through the consumption of other energy sources. The core benefit that would accrue in case animals can manufacture their energy would be a reduction in the depletion of the ecosystem by the human in drive for acquisition of energy. Humans would not be able to cut down trees or practice agricultural activities that lead to soil erosion since they will not need fuel or crops to acquire energy (Milius, 2010). Genetic engineering has been at the cornerstone in ensuring that there is an increase in productive efficiency for both plants and animals. Nevertheless, application of genetic engineering to enable the animal cells to manufacture their

Micro Assignment Example | Topics and Well Written Essays - 1000 words

Micro - Assignment Example According to Samuelson and Temin the opportunity cost of a choice is determined by the next best choice, and for many allocations, opportunity cost is measured by monetary value (Samuelson and Temin, 1976, p.20). Hubbard and Brien write that choices are costly thus the need for an alternative that will incorporate the scarce resources (Hubbard and Brien, 2006, p.8). Choices have both the implicit and explicit. Explicit costs are which monetary value is lost i.e. the sacrifice of the choice is paid out in monetary value. On the other hand, implicit costs are costs for which there is no monetary value in the choice made. The principal forfeit in this cost is time. According to Douglas the cost of production of any product is estimated in terms of what is foregone (Douglas, 1994, p.171). The concept of opportunity cost is best illustrated by production possibility frontiers. A PPF demonstrates the probable combination of two products e.g. let us consider a firm in UK producing computers and mobile phones. When it uses all its resources, it can produce 6.8 million computers and 50 million mobile phones. Computer (m) Mobile Phones (m) 84 0 80 1 70 3 60 5 50 6.8 40 8.2 35 8.8 20 10 5 11 Production Possibility Frontier Opportunity cost will lead to trade off in the choices of consumers and a comparative advantage in countries. A trade off entails a forfeit made to obtain a certain good. The output increases when countries specialize in the goods and services they have absolute advantage. For example let us consider UK and country B-producing motor cars and trucks. Maximum production Max Output U.K. Country B Cars 60 45 Truck 40 20 Employing all the resources U.K. can produce 60 million cars and 25 million trucks, while country B can produce 45 million cars and 20 million trucks. It is therefore right to say that U.K. has an absolute advantage in producing both goods, but it has comparative advantage in producing trucks since it is 2 times better at producing them than country B, whereas it is 1.3 times better in producing cars. The concept of opportunity comes in production of products by countries. Countries that produce goods using few resources at low opportunity cost have a high comparative advantage in producing those goods. However, comparative advantage ignores costs and assumes there are no diminishing returns (Hubbard, p.101). Effect of change in price of disposable hospital gowns in U.K Change in demand Price P=p* p=p1 DD 2 DD 1 output A decrease in the price of disposable hospital gown in the United Kingdom results to an increase in demand from DD 1 to DD 2. Supply remains the same in this case. Change in demand and supply due to change in market SS 1 p SS 2 P=p* DD 2 DD 1 Y1 Y2 Y3 Quantity A change in the price of hospital gowns will result to an increase in demand. An increase in demand results to more production as firms try to meet the increased demand. This result to change in the equilibrium price (McGraw-Hill, p.58). Market equ ilibrium shows the relationship between market demand and market supply. There is competitive and Nash equilibrium. Profit is the variation between revenue and costs. In economics profit denoted as П is the differentiation of marginal revenue and marginal cost i.e. П = TR-TC. High revenues translate to high profits if the production cost is low. Usually a company tries to maximize profits

HUMAN RIGHTS Assignment Example | Topics and Well Written Essays - 1500 words

HUMAN RIGHTS - Assignment Example These violations show up in one form or other ranging from domestic violence to religious extremism, ethnocentric outlook of the societies, exploitation of the weak, human trafficking, poverty, all these make up for human rights violation. The mandate on human rights came to forth in 2000 when the general secretary proposed a mandate classification for human rights protection. The nongovernmental organizations as well as the intergovernmental organizations in different countries strive for ensuring implementation of human rights on all levels. Other sources constitute the Security Council resolutions and actions relevant to protection of human rights. Where ever there is any oppression of human rights, the U.N. and its security council ensures that this is being stopped on immediate basis. For example, in cases of wars between states and in international affairs the United Nations ensures that human rights are not being violated. Emergency meetings and veto are being passed in this r egard to protect the human life, honor and property from any unjust measures and means. General Assembly of the Security Council looks up to the human welfare and human rights aspect of the international affairs. ... With no access to the basic commodities of life, human rights violations are a perfect example in display and action there. Various bodies are in place for the cause of protection of human rights, and ensuring that no highhandedness goes unnoticed and is being brought to the justice. These sources come in form of Human Rights acts and strong penalties against the violations. United Nations Human Rights Council and United Nations Human Rights commission are few of the entities and sources in place that provide firm grounding to the United Nations cause of protection of human rights. Each of these faculties has one thing in common and that is to help the downtrodden, underdeveloped, suppressed and underprivileged with equal consideration of elimination of injustice and lack of opportunity. With prime focus on human rights, United Nations has taken concrete steps towards the development and insurance of human rights all over the world. This comes in form of development of mandates and s ources establishment for the purpose of human rights protection. The main agencies in this regard are: Declaration of Rights of Disabled: International Bill of Human rights is another move towards the insurance of human rights at different levels. Disability Rights and Education Defense Fund Universal Declaration of Human rights(Sweet, 2003), UNICEF: United Nations International Children Education Fund. UNHCR: United Nations High Commission for Refugees International law legislation and treaties and accords in this regard are few of the steps and functions that make up for the mandate system of the United Nations. United Nations role: United Nations has played a significant role in the domain of human rights and for this purpose it has established specialized entities which look after

Micro Assignment Example | Topics and Well Written Essays - 1000 words

Micro - Assignment Example According to Samuelson and Temin the opportunity cost of a choice is determined by the next best choice, and for many allocations, opportunity cost is measured by monetary value (Samuelson and Temin, 1976, p.20). Hubbard and Brien write that choices are costly thus the need for an alternative that will incorporate the scarce resources (Hubbard and Brien, 2006, p.8). Choices have both the implicit and explicit. Explicit costs are which monetary value is lost i.e. the sacrifice of the choice is paid out in monetary value. On the other hand, implicit costs are costs for which there is no monetary value in the choice made. The principal forfeit in this cost is time. According to Douglas the cost of production of any product is estimated in terms of what is foregone (Douglas, 1994, p.171). The concept of opportunity cost is best illustrated by production possibility frontiers. A PPF demonstrates the probable combination of two products e.g. let us consider a firm in UK producing computers and mobile phones. When it uses all its resources, it can produce 6.8 million computers and 50 million mobile phones. Computer (m) Mobile Phones (m) 84 0 80 1 70 3 60 5 50 6.8 40 8.2 35 8.8 20 10 5 11 Production Possibility Frontier Opportunity cost will lead to trade off in the choices of consumers and a comparative advantage in countries. A trade off entails a forfeit made to obtain a certain good. The output increases when countries specialize in the goods and services they have absolute advantage. For example let us consider UK and country B-producing motor cars and trucks. Maximum production Max Output U.K. Country B Cars 60 45 Truck 40 20 Employing all the resources U.K. can produce 60 million cars and 25 million trucks, while country B can produce 45 million cars and 20 million trucks. It is therefore right to say that U.K. has an absolute advantage in producing both goods, but it has comparative advantage in producing trucks since it is 2 times better at producing them than country B, whereas it is 1.3 times better in producing cars. The concept of opportunity comes in production of products by countries. Countries that produce goods using few resources at low opportunity cost have a high comparative advantage in producing those goods. However, comparative advantage ignores costs and assumes there are no diminishing returns (Hubbard, p.101). Effect of change in price of disposable hospital gowns in U.K Change in demand Price P=p* p=p1 DD 2 DD 1 output A decrease in the price of disposable hospital gown in the United Kingdom results to an increase in demand from DD 1 to DD 2. Supply remains the same in this case. Change in demand and supply due to change in market SS 1 p SS 2 P=p* DD 2 DD 1 Y1 Y2 Y3 Quantity A change in the price of hospital gowns will result to an increase in demand. An increase in demand results to more production as firms try to meet the increased demand. This result to change in the equilibrium price (McGraw-Hill, p.58). Market equ ilibrium shows the relationship between market demand and market supply. There is competitive and Nash equilibrium. Profit is the variation between revenue and costs. In economics profit denoted as П is the differentiation of marginal revenue and marginal cost i.e. П = TR-TC. High revenues translate to high profits if the production cost is low. Usually a company tries to maximize profits

The Road of e-Business Transformation Essay Example | Topics and Well Written Essays - 6750 words

The Road of e-Business Transformation - Essay Example Both government and industry experts and leaders are anticipating the time when e-business investments will eventually create authentic and lasting change. E-business is about continuously revolutionizing market spaces and business models, innovating organizations in time to compete, reinforced by Internet technologies, manpower capital, and the search for value. The strength of the transformation is the core of e-business investment, but such has yet to be sufficiently illustrated through the current applications of e-business models (Khoong, 2001). The startup phase transpired between 1995 and 1999. During the onset of e-business, several pure-play startups surfaced, utilizing technology as a critical business driver. The value proposition of the startups was inclined towards the catchphrase 'Content is King!'. The euphoria was compounded by a gold rush - valuation of dotcoms was seen as the way to instant wealth. The reality of the startup phase was that expensive customer acquisition was of little help for weak value propositions, and the big burn rates eventually caused the failures of numerous startups. The first 100 days of business also became the last 100 days for some. The tail end of the startup phase was a B2C shakeout. It was only last year t... The first 100 days of business also became the last 100 days for some. The tail end of the startup phase was a B2C shakeout. It was only last year that e-business investors began to separate the hype from the reality. The NASDAQ crash provided a much-needed correction on the real value of e-business investments. This second phase - the partnership phase - is where we stand today. Partnerships through joint ventures and strategic alliances between old-economy and new-economy firms are seen as the attractive paths to profitability. By focusing on vertical business sectors and leveraging partnerships to provide a ready community of subscribers to e-business services, customer acquisition costs are dramatically reduced and the top-line potential becomes significantly more lucrative. The partnership phase is expected to run for another year or so, by which time the next phase will set in. In the meantime, the market will have to sort itself out, as at the moment a glut in e-marketplaces is looming. The tail end of the partnership phase will be a B2B shakeout. Within the next two years, we expect consolidation in the e-business industry. This will then bring us into the consolidation phase, in which every business is an e-business, and the 'e' qualification becomes totally redundant. Consolidation will mean e-business infrastructure becomes the backbone of huge business networks, supporting end-to-end supply chain integration. The tail end of the consolidation phase - if there is one - may be characterized by a world comprising a few gigantic global e-firms and some very small firms who remain out of the e-loop.

Fake Analysis of Bridge to Terabithia Essay Example for Free

Fake Analysis of Bridge to Terabithia Essay In â€Å"Bridge To Terabithia,† written by Katherine Paterson, great friendships blossom from impertinent first impressions. Great friendship such as Leslie’s brings new experiences. Great friendships may come from unpromising first encounters and lead to new experiences. Leslie’s friendship came with the promise of a new beginning; reword this sentence Leslie opens a new world up to Jess full of creativity and imagination which â€Å"Leslie name[s] their secret land â€Å"’Terabithia†Ã¢â‚¬â„¢(50). Don’t end with a quote! Jess and Leslie create this secret world to escape the harsh reality of adolescence. The reason Jess and Leslie create this secret world is it allows them to escape the harsh reality of adolescence. Jess and Leslie agree to create a whole new imaginary country, eliminate that that â€Å"’We need a place’†¦ ‘It might be a whole secret country’†¦ ‘and you and I would be the rulers of it. ’†(50). Reword theres something off about this; Because Jess craves the attention of his hardworking father he in particular needs the escape that Terabithia provides. Jess in particular needs the escape since he craves the attention of his hardworking father â€Å"maybe’†¦Ã¢â‚¬â„¢he’d forget all about how tired he was from the long drive back and forth to Washington and the digging and hauling all day†(5). Make the quote relevant to him what is this quote supposed to say? Don’t end with a quote! Great friendships may come from unpromising first encounters and lead to new experiences. Change around, It is an idea that relates to life today since everyone has a friend and everyone must be open to new experiences they bring in a friendship. For example, you can never judge a book by its cover or by when you meet someone for the first time. Doesn’t make sense Another illustration is, to take the new experiences a new friendship has to offer and enjoying them. The human condition affects us still today because people take having a friend for granted until they are gone. What I have learned for reading â€Å"Bridge To Terabithia† is take out that that to open myself up to new friendships and take out new new experiences. I learned to enjoy the memories mad with the friends I have because at any given moment something could happen. Also, to enjoy the moments I have with my friends because you never know when something could happen at a moments notice. My viewpoint has been deeply enriched by this book because of then realistic human condition.

ASDA Employee Motivation Research

ASDA Employee Motivation Research Research Project To determine some vital roles of leadership in  improving the sense of motivation in employees in  the retail organisations of UK- A study on ASDA. Task 1 Understand how to formulate a research specification Part 1: You have to create a research proposal in a subject of your interest. In doing this, you have to formulate and record possible research project outline specifications (AC1.1); Identify the factors that contribute to the process of research project selection ( AC1.2); Undertake a critical review of key references (AC 1.3) ;Produce a research project specification (AC1.4). Introduction Business organisations are an integral part of nations economy in todays globalised set of environment where all industrial sectors are largely concerned about a timely achievement of their stipulated goals and objectives. In context to which, they are hereby required to operate with a strategic arrangement of their action plans to duly accomplish their stipulated targets on time. It is with reference to yet another prime concept of realism in todays set of business where an establishment is comprised of two vital set of bodies entitled as employees and employers (Alfalfa-Luque, Marin-Garcia and Medina-Lopez, 2015). Wherein, the employees are direct in charge of their respective set of employers where they are with a through accountability of guiding them. This in turn has breakdown the preceding role of employers where they are mainly positioned at two vital profiles of leaders and managers in the organisation. Both these parties are required to perform a similar set of responsibility by thoroughly guiding their respective set of employees and generate a prior sense of encouragement in them. It is mainly with respect to carry out there assigned tasks on time for an eventual achievement of their organisational goals and objectives. In order to achieve this research, I will start by: To analyse the factual concept of leadership in retail organisations of UK To discover the adopted tools of motivation in ASDA To identify the relationship between the tact of leadership and motivation in ASDA To recommend some principle strategies to enhance the motivation level of employees with some profound tactics of leadership Background of the study The present survey is based upon a configured purpose of exploring the function of leadership to enhance the sense of motivation in the deputed employees of retail organisations in UK. For which, a renowned retail enterprise named ASDA has been taken into consideration for it where it is a subsidiary supermarket of Wal-Mart as its parent company (Cadden, Marshall and Cao, 2013). With a foundation year of near about 68 years, it is currently headquartered at Leeds that is in the West Yorkshire of England. It is evident to deal into grocery products along with general merchandise commodities and fiscal services as well. As per a recent transcription of the year 2016, ASDA is depicted to be extended in around 630 distinct locations at a global level. Herein, it is also ascertained to employ total 180, 000 number of workers to operate at its widespread locations. The current study has hereby focussed to interpret the adopted procedures of ASDA to motivate their deputed set of employees by aligning it to their applied tact of leadership at the workplace. Leaders in ASDA are evident to play a crucial role in handling the work of their respective set of teams (Kim and Brymer, 2011). However, it is together essential for them to continually stipulate such standardised practices of directing their staff members that in turn results in improving the sense of motivation in them. This investigation will thereby focus upon defining such effective practices of leadership that will consequently lead to upgrade the motivation level of the employees by referring to varied tools of motivation and certain abstractive theories of leadership as well. Literature review Concept of leadership in the retail organisations of UK It is as per the stated clause of Taylor, Bogdan, and DeVault (2015), where todays organizations are with a strong requisition of leadership at their workplace to make an optimum utilization of their accessible resources. In accordance to which, leadership is hereby referred as such vital trait that is both inbuilt and out built for the leaders. This means that there exist two types of leaders where some of them are called as born leaders and other can refer to acquire its attributes to become an effective leader. The concept of organizational leadership tends to deal with both expertise tactics as well as human psychology by emphasizing more upon the development of leadership skills and abilities. It should, however, relate to the undertaken goals and objectives of the organization where a potent leader will refer to deal with the hard times of industry and still develop by that time. Tools adopted by the retail organisations of UK to motivate their employees There exist varied motivational tools that are being adopted by the organisations in order to raise the motivational sense of their employees. Bayne and Woolcock (2016) had hereby enlightened two vital types of motivational tools in the organisation known as internal and external tools of motivation. Wherein, an intrinsic tool is in context to meet out the mental needs of the employees by rewarding them with non-monetary means like higher-grade responsibilities as a mean of providing empowerment. Another source of extrinsic motivation involve the tools of monetary benefits for the employees such as bonuses and additive remuneration on carrying out a considerable work. Relationship among the tact of leadership and motivational context of employees in the retail organisations of UK There exists an implicit relationship among an applied tact of leadership and motivation as per the reflected outlook of Menges, Walter, Vogel and Bruch (2011). It is where the leaders are hereby referred to be a prime source of motivation to produce an encouraging sense of work in them. This is also in correspondence to employ varied available theories of motivation with a prime accountability of the leaders to practice them at the workplace. The two-factor model of Herzberg is a factual instance of such conceptual theory that is often being referred by the leaders to inculcate in their day to day practice for fulfilling the need base consideration of their respective employees. Other than this, there together exist varied styles and models of leadership that should be referred by the leaders for aptly managing the carried assignations of their employees. Research aims and objectives A prior intent of this study is To determine some vital roles of leadership in improving the sense of motivation in employees in the retail organisations of UK- A study on ASDA. This configured aim has further depicted some leading objectives that are as stated below: To analyse the factual concept of leadership in retail organisations of UK. To discover the adopted tools of motivation in ASDA. To identify the relationship between the tact of leadership and motivation in ASDA. To recommend some principle strategies to enhance the motivation level of employees with some profound tactics of leadership. Research questions It is mainly on the basis of above formulated aims and objectives to carry out this survey, which is hereby, directed by some below mentioned research questions: What is the factual concept of leadership in the retail organisations of UK? What are the tools adopted by ASDA to motivate their employees? What is the relationship among the tact of leadership and motivational context of employees in ASDA? Rational of the research: This section is specially to determine such contributory factors that have largely assisted the investigator to carry out the investigation in a directional manner. It is mainly in context to depict a prime reason behind selecting this particular topic for the investigation that has hereby represented a leading reason of personal interest of the researcher. Due to which, this particular topic of leadership has been chosen as a mean of exploring its vital role in enhancing the motivation level of the employees (Neuman and Robson, 2012). A prevalent state of competition among the organisations is together referred to be yet another significant reason behind electing this subject matter where it is a present-day concern in most of the retail organisations in UK. As a result to which, a demotivated set of workforce in turn impacts upon the overall productivity of the enterprise that resultantly impacts upon the profitability index of the enterprises. This research work will thus aid them to strengthen the prospective element of leadership in the organisation in order to raise the sense of encouragement in their employees. Producing a research project specification This is another foremost section of the investigation where the researcher will hereby define the adopted technique to carry out the study in an effective manner. Research design- It is a foremost tact needed to be referred by the investigator in order to carry out the study in a directional manner (Research design, 2009). This will in turn depict the nature and type of study that will be referred by the surveyor for conducting the research work. Wherein, the present investigation has showcased a descriptive study to make an in depth analysis of its elected subject matter. Research approach- It is yet another prime consideration of the researcher to carry out the investigation where here the surveyor has opted to carry an inductive format of the study. This will in turn widen the scope of investigation where its concentrated set of data is evident to transact from specific to general context (Deductive Reasoning Versus Inductive Reasoning, 2014). Data collection- The data collection measures together exists with its two imperative methods by referring to both primary and secondary aggregation of information. Into which, the primary accumulation of data will necessitate the surveyor to directly approach the respondents and interrogate them on the basis of a framed questionnaire (Gast and Ledford, 2014). Wherein, another alternative of secondary data assemblage will require to study pre established statistics in verified publications like books, journals and online articles, etc., from attested internet sites. Sampling- It is yet another practice of distributing the targeted respondents of the study in a proportionate way to give an equalised chance to each of them. However, there exists two leading tactics of sampling known as random and purposive distribution methods (Gast and Ledford, 2014). The present study has thus opted for a purposive or non probability tact for sampling the data where the surveyor will hereby refer to interrogate 4 top administrative bodies of ASDA. Data analysis- This is basically to analyse the above acquired set of data by electing one of the two alternative measures to make either qualitative or quantitative investigation. The present research work has therefore depicted a qualitative analysis of data to conduct a thematic study of the subject matter (Quantitative Methods in Education Research, 2014). Scope: the researcher has the skills required to carry out an inductive format of the study. Research limitations- This is especially to define certain limited elements that often leads to obstruct into the conducted study of the researcher. An inadequate source of time with deficit amount funds are those two constricted factors that largely impedes the survey. However, these two elements are referred to be the two most appropriate elements of the study for succeeding towards its undertaken aims and objectives. It is therefore important for the surveyor to conduct a planned study with present time and funds for achieving the targeted goals on a stipulated duration that is 11 weeks for this particular investigation. However, a limited number of secondary resources is referred to be yet another limited aspect for carrying out a defined study. Wherein, there together exists certain ethical dilemma as a way of obstructing the study where the researcher is required to use an authentic set of data while referring to the secondary resources. However, the primary sources were duly accessible where the researcher in the present study has referred to directly approach the responders as a way of interrogating them. Ethical issues- There together exists certain ethical responsibilities that are required to be considered by the researcher to carry out the study (Neuman and Robson, 2012). With respect to which, the investigator in the present study is required to carry a confidential interrogation in which, its obtained data should not get accessed by any unaccredited set of users. This is for instance to conduct a confidential study where the researcher is not liable to reveal the given answers of the respondents to an unauthorised user. Along with which, the investigator is together required to take a prior consent of the respondents to participate in the study with no forcible context on them. M1: This is basically to justify the specification of the present research work with some affluent measures of data collection and analysis. In whose context, both primary and secondary tactics of data collection have represented to be a justified selection of techni9ques by the researcher where both these methods have greatly collaborated with the findings of one other. Along with which, the qualitative method of analysis has also sustained the study by carrying out a thematic assessment to define the subjective nature of the facts by accurately corresponding to the nature of this particular research topic. TASK 1 part 2: Provide an appropriate plan and procedures for the agreed research specification (AC1.5);Match resources efficiently to the research question or hypothesis (AC2.1) This is basically to correspond the present carried investigation with that to the applied resources where the researcher has hereby opted for varied pertinent resources like time, cost and manpower resources to carry out the survey in a efficient manner (Paarlberg and Lavigna, 2010). These resources have together depicted a projected way of carrying out the study where the time to carry out the entire survey was duly scheduled by the researcher with the help of Gantt chart. With reference to which, the researcher has hereby referred to undertake 11 weeks of study to acquire its stipulated goals and objectives. Research objective By when Resources to be used (2.1) Milestones (when do you know this objective is achieved) How will you monitor this objective is being achieved? method of monitoring Statistic analysis 10/03/2017 Internet and blogs On that day Recorder Numbers (using chart) In March Internet On that month Recorder This research has been scheduled with a projected timeline to promptly carry out the investigation. It is with a prime consideration of achieving its configured goals and objectives by avoiding the possibility of any sort of hindrance in the research work. It is mainly in regard to specify the available period of time to carry out the study where such planned work will largely support the surveyor to timely attain the targeted intent of the research. Non-availability of time will not reflected to be a matter of concern for the researchers any more in case they refer to follow this pivotal tool of Gantt chart. Key Activities Week 1 Week 2 3 Week4 Week 5 Week 6 Week 7 Week 8 9 Week 10 Week 11 Preparation of Introduction Literature Review Collection of Secondary Information Examination of the Collected Data Research Design Research Methodology Acquiring Primary Data Analysing Primary and Secondary Data Conclusion and Recommendations Completion of Leftover Work Revision and Draft Final Submission TASK 2:BE ABLE TO IMPLEMENT THE RESEARCH PROJECT WITHIN AGREED PROCEDURES AND TO SPECIFICATION 2.2 Undertake the proposed research investigation in accordance with the agreed specification and procedures. This section has referred to depict the framed set of questionnaire along with the conferred answers of the respondents. Undertaking the proposed research investigation in accordance with the agreed specification and procedures by recording This is to discuss upon the undertaken design of the questionnaire where the researcher in the present study has referred to plan an open-ended questionnaire with relevant set of questions. It was with a single close-ended query in which the respondents were hereby asked to provide their own suggestions as a way of advising some effective measures of leadership to enhance the sense of motivation in employees. This in turn depicted a primary method of data collection with a structured interview along with a secondary method in which the governmental records published for the retail based organisations of UK were referred over here. Along with which, the official website of ASDA was also referred to gather some pertinent facts from their pre-established findings. However, there existed certain advantages and disadvantages of both these data collection methods that are as mentioned below- Advantages of primary data collection method: A close interrogation by directly approaching the respondents. This in turn relates to the study and research of the person. Great control over a specific subject. Disadvantages of primary data collection method: A costly method. Time consuming process. A lower rate of response. Advantages of secondary data collection method: A cost effective method. Requires less time and efforts. Provides a base to the primary research method. Disadvantages of secondary data collection method: Unspecific in nature. May produce inaccurate data. Issues of time log. Apart from which, a qualitative method of analysis has been used to evaluate the collected set of data where it is usually done to conduct a thematic assessment based upon distinct formation of themes. Where it is also associated with a leading issue of partiality where the evaluation often tends to bias from one other. Collating relevant data where appropriate This section has referred to depict the framed set of questionnaire along with the conferred answers of the respondents. Since how long your are employer with ASDA? Frequency Percentage 1 year 0 0 3 years 2 50 5 years 1 25 More than 5 years 1 25 Are you agreed by the fact which states that employees need a close supervision at the workplace. Frequency Percentage Strongly agreed 1 25 Agreed 1 25 Neutral 2 50 Disagreed 0 0 Strongly disagreed 0 0 Most of the employees are self motivated in your organisation. Frequency Percentage Yes 1 25 No 3 75 What leadership style is being adopted by you to acquire timely submission of assignations by your respective subordinates? Frequency Percentage Democratic 2 50 Laissez free 0 0 Autocratic 1 25 Bureaucratic 1 25 What principle traits of leadership must be adopted to enhance the productivity status of your establishment? Frequency Percentage Generating a sense of encouragement in employees. 2 50 Provisioning an effective reward system at the workplace. 1 25 Carrying out a strict approach toward the employees by penalising them for not meeting the stipulated standards of work. 1 25 In your view, does leaders play a substantial role in supporting their subordinates to accept their key responsibilities of work. Frequency Percentage Most of the time 2 50 Sometime 2 50 Rarely 0 0 Never 0 0 However, on discoursing upon the facts and findings acquired from the secondary sources of data collection, it has been found that leadership does plays an intact role in motivating the employees at the workplace. It is however with some great efforts of the leaders where they are hereby provisioned with distinct tools of motivation to utilize on them. Although, their together exists certain advantages and disadvantages of data analysis method where the data in the present investigation has been analysed using a qualitative method. In whose context, below are the identified advantages and disadvantages of this measure: Advantages: No rigorous plan or design is required. An affluent and detailed set of information. Disadvantages: A subjective view of the study that needs a massive involvement of the surveyor in the study. A very time consuming procedure with biased context of research as per the own set of views of the investigator. D3: This is basically to justify the selection of data collection method where both primary and secondary measures of data collection has been implicated by the investigator over here. Both these measures have greatly contributed in conducting a directional study where the findings incurred from primary method have supported the facts of secondary resources. 3.1 Appropriate techniques of research evaluation It is basically to discourse upon the way in which the researcher has hereby referred to acquire the aims and objectives of this investigation where it was carried to assess the roles of leadership as a way of generating a motivational sense in the employees. It was with a prime objective to evaluate the realistic concept of leadership in the retail based organisations of UK. The researcher duly achieved this where leadership is identified to be a trait in which the leaders are responsible to handle their respective subordinates and their work with some expertise skills with some specialised abilities. Another objective of this study was to discover the adopted tools of motivation in ASDA where it has been found that they are more likely to use the internal measures to encourage the workers by promoting them to a higher level position, etc. The last objective of this investigation was to identify the relationship between the tact of leadership and motivation in ASDA where both these elements are depicted to have a close interrelation with one other. It is where the leaders are apparent to play a principle role in inspiring their employees by implicating various tactics of motivation. All these objectives have been attained by using some effective techniques of research with valid and reliable set of findings that are proven to be successful for this survey. Wherein, the benefits of the incurred outcomes of this research is evident to support the organisation named ASDA in determining such vital roles of their leaders that are effective in creating a sense of motivation in their workers. However, there existed certain difficulties in carrying out this investigation where the respondents were not willing to interact with each another in a smooth manner. Apart from which, this has also reflected to be a slight time consuming study with less number of secondary resources. Along with which, the surveyor was also not well versed to work on excel with less experience in conducting such studies. 3.2 Using appropriate research evaluation techniques and interpreting and analysing the results in terms of the original research specification Theme 1- A major number of responders are evident to work from a longer time period in ASDA. Interpretation: This is on interpreting the outcome of above carried analysis in order to determine the existent time period of the employers working in ASDA who has hereby represented as the respondents of the study. In context to which, it has been found that almost all responders are working from a considerable time period and are well experienced in their field. Wherein, 2 of them are employed with ASDA from last 3 years and 1 of them is occupied since 5 years and another 1 is working here for more than 5 years. Theme 2- Almost all respondents are agreed with the concept of close supervision for their subordinates. Interpretation: It is on referring to the above obtained data that has clearly depicted a united outlook of almost all the respondents that has been presented in context to a bestowed statement of close supervision of employers on their employees. With respect to which, 1 has represented a strong agreement towards it with another who is merely agreed to it. Whereas, there existed 2 such respondents who are at a neutral stage of acceptance for this statement. Theme 3- Majority of responders have not approved by the self motivation sense of their employees. Interpretation: On the basis of above conducted primary research, it has been found that only 1 out of 4 respondents are in favour of their self motivated employees. However, the other 3 have specified a clear no towards it