Obesity Is A Major Issue - 844 Words

Obesity is a major issue that has plagued many Americans in the past 50 years. Obesity is not something that should be taken lightly as it is known to lead to multiple health concerns and overall lower life expectancy. Unfortunately, the rate of obesity of children under the age of 19 has drastically increased from where it was in 1971. Also, there was a notable spike in the last 10 years and these rates continue to rise (Pineros-Leano). So why the recent spike? The fast-food industry. Despite the industry effort to reduce the marketing aimed and children, fast-food advertising for kids has only increased (Melnick). Targeting children at such a vulnerable time in their lives is a shameful strategy that has had remarkable success. At the end of the day the goal of these companies is to make as much of a profit as possible, they do not care about the obesity rate or what their food is doing to their consumers. Childhood obesity is an issue that needs to be addressed and in order for us to do that we have to recognize what these fast-food companies are doing and find a solution to ending this advertising to kids. Obesity is defined as being over the 95th percentile in BMI and is something that affects mental, physical, emotional and even spiritual health. It is associated with multiple physical health consequences such as asthma, sleep apnea, risk for type 2 diabetes, metabolic syndrome, risk for hypertension, coronary heart disease, etc. The mental/emotional healthShow MoreRelatedObesity : A Major Issue1472 Words   |  6 Pages OBESITY Obesity is a major issue in the U.S.A. It is among the highest health problems in the U.S.A. Obesity can lead to heart disease, diabetes, some types of cancers, and can also lead to death .Two out of three Americans are considered to be obese. For a better future of the country obesity must be stopped. When the technology was not much advanced and people used to work manually, using their own minds because of which people were fitRead MoreObesity : A Major Issue Worldwide981 Words   |  4 PagesPrabina Dhakal Professor Micah Heatwole English 1301-7 24 October, 2014 Dieting Makes People Fat Obesity has become a major issue worldwide. It has not been that long, since American Medical Association recognized obesity as a disease. People should change their lifestyles and eat healthy to be fit. However, whenever the topic of weight comes up, the issue of dieting presents itself. People believe dieting is the answer to be fit or to be in shape. In this sophisticated world, priorityRead MoreChildhood Obesity : A Major Health Issue1731 Words   |  7 Pages Abstract Childhood obesity is a major health issue nationwide and globally. This has been going on for many years and childhood obesity has increased tremendously. The main problem is the difference between calorie ingestion and calories consumed. Other influences (hereditary, developmental, and environmental) can also affect obese children. Physical, emotional, and public health issues causes pain and suffering for many children. The process of obesity growth is not completely understoodRead MoreObesity : A Major Healthcare Issue Worldwide1643 Words   |  7 PagesObesity is one major healthcare issue worldwide. This occurs in any race, gender, and ethnicity. In fact, individuals have been struggling with this problem way before the simplest sexually transmitted diseases were ever discovered. Buchwald (2003) states that, â€Å"An individual usually is considered obese when his or her body mass index (BMI) is over 30 percent.† Although it can occur in any individual, obesity is deter mined after a few factors: gender, height, and age. A physician is usually the oneRead MoreObesity Is A Major Public Health Issue917 Words   |  4 PagesObesity in the United States is a major public health issue. According to prevalence data from the National Health and Nutrition Examination Study (NHANES) 2011-2012, 34% of US adults are overweight (BMI 25-29.9), 35.1% obese (BMI 30-39.9) and 6.4% morbidly obese (BMI ≠¥40). NHANES does not include incarcerated individuals in the surveys. The 2011-2012 United States Bureau of Justice, National Inmate Survey, indicated the prevalence of overweight, obesity and morbid obesity for state and federalRead MoreChildhood Obesity : A Major Health Issue1314 Words   |  6 PagesChildhood obesity is a major health issue. The number of overweight children in the United States is at an all time high and rising at a steadfast pace. For us to understand the impact of obesity and why we should prevent it, we will need to take a look at w hat has contributed to the epidemic in the first place. First we need to take a look at childhood obesity, even if children are slightly overweight and not quite obese at childhood, their childhood is laying the foundation for possible obesity in theirRead MoreObesity Is A Major Issue That Our Country Faces Today950 Words   |  4 PagesI chose to write about a cartoon from Times Magazine that focuses on Obesity in America by Joe Heller. Obesity is a major issue that our country faces today. After analyzing this cartoon I wanted to further my understandings to what it meant. In this article we see that the American Medical Association (AMA) is a main variable. They stated that â€Å"moderately overweight people live longer†. That is a bold statement and what I want to know is does having extra body fat really allow you to live longerRead More Critiquing Internet Sources The author is keen in analyzing the issue of excessive consumption of800 Words   |  4 Pages \ Critiquing Internet Sources The author is keen in analyzing the issue of excessive consumption of alcohol among college students. He acknowledges that excessive drinking is a common problem among college and university students and wants to explore why such students indulge in such a risky behavior. The author uses a reliable number of students when looking at the drinking problem and chooses the correct age, which is students below 21 years (Dodd et al, 2010). The results of the author’sRead MoreObesity : Becoming A Public Concern1654 Words   |  7 Pages Executive Summary Obesity has become an epidemic in American societies that has become a public concern. According to the American Obesity Association (AOA), overweight and obesity rates are higher than ever in America’s youth. Obesity is the fastest growing cause of disease in American society today. Some of the major health concerns for today’s youth with obesity include severe asthma, Diabetes, Hypertension, orthopedic complications and sleep apnea. Researchers have come up with manyRead MoreObesity Is A Global Issue1568 Words   |  7 PagesA steadily increase in childhood obesity has gained the awareness of everyone. Many are wondering that today s obese children may turn into the generations next obese adults. Obesity is a global issue, and being knowledgeable of the causes is an affection way of prevention. Technology, foods, and genes all factor into the childhood obesity epidemic. For example, â€Å"McDonald s even has toys in their food, increasing production and influencing students to eat it more† (Qtd. by Marcia). It is certainly

Individual Assignment Free Essays

Individual Assignment Topic: Apply your understandings of financial statements, working capital management, financial planning to identify, analyze, and propose solutions to the problems presented in â€Å"Clarkson Lumber Company† case. Requirements: * Answer all the guideline questions. Support your answer with necessary calculations, forecasts, analysis†¦ * Summarize the problems and propose solutions for â€Å"Clarkson Lumber Company† based on your answers and analysis of the guideline questions. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Assessments: * This is an individual assignment. Although you are encouraged to discuss the case with your lecturer and fellow students, you are required to write the report on your own. Any evidence of plagiarisms will result in a disqualification. * Your total score is 100 pts (answers to the guideline questions 60 pts, summary of the problems 10 pts, and proposed solution 30 pts) * Format: use Arial 11; 1. 15 line spacing. * Deadline: March 31st, 2013 Guideline questions: 1. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? (5 pts) 2. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? (15 pts) 3. How attractive is it to take the trade discounts? (10 pts) 4. Do you agree with Mr. Clarkson’s estimate of the company’s loan requirements? How much will he need to finance the expected expansion in sales to $5. 5 million in 1996 and to take all trade discounts? (15 pts) 5. As Mr. Clarkson’s financial adviser, would you urge him to go ahead with, or to reconsider, his anticipated expansion and his plans for additional debt financing? As the banker, would you approve Mr. Clarkson’s loan request, and if so, what conditions would you put on the loan? (15 pts) How to cite Individual Assignment, Papers Individual Assignment Free Essays Individual Assignment Topic: Apply your understandings of financial statements, working capital management, financial planning to identify, analyze, and propose solutions to the problems presented in â€Å"Clarkson Lumber Company† case. Requirements: * Answer all the guideline questions. Support your answer with necessary calculations, forecasts, analysis†¦ * Summarize the problems and propose solutions for â€Å"Clarkson Lumber Company† based on your answers and analysis of the guideline questions. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Assessments: * This is an individual assignment. Although you are encouraged to discuss the case with your lecturer and fellow students, you are required to write the report on your own. Any evidence of plagiarisms will result in a disqualification. * Your total score is 100 pts (answers to the guideline questions 60 pts, summary of the problems 10 pts, and proposed solution 30 pts) * Format: use Arial 11; 1. 15 line spacing. * Deadline: March 31st, 2013 Guideline questions: 1. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? (5 pts) 2. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? (15 pts) 3. How attractive is it to take the trade discounts? (10 pts) 4. Do you agree with Mr. Clarkson’s estimate of the company’s loan requirements? How much will he need to finance the expected expansion in sales to $5. 5 million in 1996 and to take all trade discounts? (15 pts) 5. As Mr. Clarkson’s financial adviser, would you urge him to go ahead with, or to reconsider, his anticipated expansion and his plans for additional debt financing? As the banker, would you approve Mr. Clarkson’s loan request, and if so, what conditions would you put on the loan? (15 pts) How to cite Individual Assignment, Essay examples Individual Assignment Free Essays Also, we had reviewed the different data flow that would function and Improve the proper handling between Ordain and their plants, and which would ensure the best relationship between each department. It would Improve the communication In Ordain Manufacturing and, thus. Save time and money after it is finally implemented. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Security Controls Security and secure ways of doing business should always be an most level of concern in any project. Security Is primarily handled and managed by the operations group, which is the same staff that is responsible for operating in installing security intros and functions such as, Intrusion Protection Systems, Intrusion Detection Systems, firewalls, and recovery and routine backup operations. Yet, this system developers also share responsibility when it comes to security, especially when it’s inside the IT and information systems. The application architecture should be run on Linux/Null-based server or Windows 7 Server Edition. Any additional software or programs that would later be needed could be programmed in-house as a development project. Interfaces: â€Å"Interface design is the process of defining how the system will interact with external entities, e. G. Customers, suppliers, other systems† (Dennis, Wisdom, ; Roth, 2009). System interfaces require a high level of security because they are well capable of exchanging different information with other information systems. Password requirements can achieve a high level of security by themselves, and are considered secure methods to manage employee files, private and confident documents, or company tax records. Password requirements also help prevent internal security threats, like employees trying to access another employee’s computer. Network: one recommendation this consultant has is incorporating a database that is accompanied and would be accessible only via a PLAN (Virtual Local Area Network). This allows a trusted employee to update, view, and modify if necessary some basic level information that would be subject to confirmation bias supervisor or other payroll clerk. Access such as this would definitely require the use of a password and surname for security methods. Also, methods of security that would be of a most level would be the three factor authentication method, which would be: surname with password and also a fingerprint scan. Also, the third-party organizations that handle Radian’s employee’s benefits, like their workers compensation and health infinite, should be audited every year for the purpose of com edited this and accuracy, and this would also ensure the most correct processes within Ordain. Physical Data Flow Diagrams Implementation designs and decisions describe how an information system will work, and one has to know this before designing application logic of the information system. The physical data flow diagrams of this information would show all the details including, but not limited to, the data stores that refer to the database tables and the files, the human actions or programs that perform the processes, as well as he physical transfer media for those data flows. If one maintains a proper in clear implementation, it will always provide the services that you will expect with complete and accurate results. Ordain wants to resolve the additional issues regarding the implementation and processes of the final changes, as soon as possible. There will be a meeting next week to discuss this very issue, and this author will work as hard as possible to ensure that all this companies needs will be satisfied and met, and in secure and safe manner as well. Conclusion It has been shown, by the data flow diagrams as well as the basis of this report, that whatever issues had plagued the Human Resources Department, it can be fixed References Systems Analysis and Design, 4th Edition. How to cite Individual Assignment, Papers Individual assignment Free Essays This assignment is to be done individually. This means that you are required to answer the questions in the assignment on your own. The purpose of the assignment is to help you become more familiar with pricing options, using a specifically designed piece of software. We will write a custom essay sample on Individual assignment or any similar topic only for you Order Now The pricing of options is a very technical area, and most of us do not have the technical expertise to price options from first principals. Therefore in your working lives, if you do need to price options, then it will most likely be done for you via software. The software we will be using is called ‘Derivable’, which has been specifically developed for the Hull et al (2014) textbook. You can download the software from the Model unit site under the ‘Additional Resources’ section. Software Installation Installation instructions for the Derivable software are quite straight forward. Please follow these simple steps. Step 1 . Go to the BIFF 5 Model site, under ‘Additional Resources’ Section, click on the Derivable software and download the file ‘Derivable. Zip’. Step 2. Double-click on the Derivable. IP file to bring up the Winzip utility program. Step 3. In the Winzip utility program, on the ‘Home’ tab, there should be a button labeled ‘I-click Unzip’. Press on the ‘I-click Unzip’ button. The compressed files directories and folders should then be extract. Once Winzip has completed the extraction, then close the Winzip program. Step 4. There should now be a folder in your directory named ‘Derivable’. Drill down through the Derivable folder until you come to the list of files; The only file you need to be concerned with for the Assignment is ‘JUDGE . XSL’. Step 5. Double-click on file ‘JUDGE . XSL’. This should bring up your Excel application aerogram with the JUDGE . XSL spreadsheet. If you look in the ‘readmes. Txt’ file that is located in the same directory as the JUDGE . XSL file, it will tell you the versions of the Excel program that Derivable will work with. If you are not using any of these versions of Excel then you will need to get access to one of them in order to do the assignment. Step 6. Once you have opened the ‘JUDGE . XSL’ program in Excel, that final step you need to perform is to ensure that Excel has ‘Enabled Macros’. This will allow the Excel program to use the Visual Basic for Applications (ABA) code on which Derivable is eased. If you are using Excel 2010, the enable macros should appear as a ‘strip’ across the top of your spreadsheet when you first enter the JUDGE . XSL program. You just need to press the enable button. If you a later version of Excel you will need to go to the macro security settings and enable the macros. Once you have enabled the macros, Derivable will be available for use. Step 7: Click on the Excel spreadsheet tab ‘Equity_FIX_landed_Futures_Options’. This is the only spreadsheet you will need to complete the assignment. Format of Assignment and submission requirements: The assignment consists of seven questions. You should attempt all questions. Responses to the questions should be presented according to the Q Manual. The Q Manual provides guidelines on the presentation of submitted materials. Submission of the assignment will require both an electronic submission AND a hard copy submission: The submission of an electronic copy can be done via Model (further technical details will be provided prior to the submission date. The submission of a physical hard copy will be done via a designated assignment box located in the 3rd Floor Foyer of Building H. Further details to be provided closer to the submission date. ) ASSIGNMENT QUESTIONS Please note: Most, but not all of the material needed to answer these questions will be covered in lectures. You are postgraduate students so it is expected that you will be able to seek out the mater ial necessary to complete the questions using your own initiative. All information is available within the textbook, even though it may not all be covered in lectures. IQ . Use Derivable to calculate the value of an American put option on a non- dividend-paying stock when the stock price is USED 30, the strike price is USED 32, the sis-free rate is 5%, the volatility is 30% and the time to maturity is 1. 5 years. (Choose ‘Binomial American’ for the option type and 50 time steps. ) (See Chapter 9 for supporting theory and materials) a) What is the option’s intrinsic value? B) What is the option’s time value? C) What would a time value of zero indicate? What is the value of an option with zero time value? ) Using a trial and error approach, calculate how low the stock price would have to be for the time value of the option to be zero. (use 50 and 500 time steps) Q. Consider an option on a stock when the stock price is $41, the strike price is $40, he risk-free rate is 6%, the volatility is 35% and the time to maturity is one year. Assume that a dividend of $0. 50 is expected after six months. (See Chapter 10 for a) Use Deri vable to value the option assuming it is a European call. B) Use Derivable to value the option assuming it is a European put. ) Verify that put-call parity holds. D) Explore, using Derivable, what happens to the price of the options as the time to maturity becomes very large. For this purpose, assume there are no dividends. Explain the results you get. Q. Suppose that the price of a non-dividend-paying stock is $32, its volatility is 30% ND the risk-free rate for all maturities is 5% per annum. Use Derivable to calculate the cost of setting up the following positions. In each case provide a table showing the relationship between profit and final stock price. Ignore the impact of discounting. Each table should have two columns, ‘Stock Price Range’ and ‘Profit’ (See Chapter 11 for supporting theory and materials) a) a bull spread using European call options with strike prices of $25 and $30 and a maturity of six months b) a bear spread using European put options with strike prices of $25 and $30 and a ) a butterfly spread using European call options with strike prices of $25, $30 and $35 and a maturity of one year d) a butterfly spread using European put options with strike prices of $25, $30 and e) a straddle using options with a strike price of $30 and a six-month maturity f) a strangle using options with strike prices of $25 and $35 and a six-month maturity. Q. Consider a European call option on a non-dividend-paying stock where the stock price is ADD 40, the strike price is ADD 40, the risk-free rate is 4% per annum, the volatility is 30% per annum and the time to maturity is six months. See Chapter 12 for supporting theory and materials) a) C alculate , and for a two-step tree b) Value the option using a two-step tree. C) Verify that Derivable gives the same answer. D) Use Derivable to value the option with 5, 50, 100 and 500 time steps. Q. Consider an American call option when the stock price is $18, the exercise price is $20, the time to maturity is six months, the volatility is 30% per annum and the risk- free interest rate is 10% per annum. Two equal dividends of 40 cents are expected during the life of the option, with ex-dividend dates at the end of two months and five months. How to cite Individual assignment, Papers Individual Assignment Free Essays As stated earlier IM has been a significant tool in trading and commerce since the beginning of time. However what sets an organization apart is its ability to hangs data into information as efficiently and cost effectively as possible. Before we tackle this issue, defining data and information is important for the sake of understanding the context they will be used. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Data is defined by O’Brien (2003) as raw material resources that are processed into finished information products. Information is data that has been converted into meaningful and useful context for specific end users (O’Brien, 2003). Hence, it is safe to say that data becomes information when value is added to it either through organizing, analysis and evaluation and placed in the correct context or the end user. If this statement is true then we can deduce that the better the organization is at completing the above process, then the more effective it is, and if it can streamline this process enough to provide the end user with a service or product that they are willing to pay for, it will have increased its competitiveness (Gabon, 2008). For instance, a car manufacturer that assembles luxury cars wants to increase the effectiveness of their organizational system. They would start by looking at each component of the organization highlighting areas in which they can improve on quality, control and cost. In manufacturing they might want to introduce an Operating Support System (ASS) which is specific about the requirements at the plant to complete assembly of a car. The data inputted into the system requires that the inputted be specific about supplies, number of hours worked, number of people required to work on a particular car or day etc. The system will process and store the data for the next user, in a form that they will understand. Here the organization may look at the improvement of its networking system as access of the information is made easier and faster with the use of the intranet (O’Brien, 2003). Other elements that will add value to this process, thereby giving context to the next user is the compilation of relatable data such as energy usage, space required, reputable suppliers, financing and human resources. These might be inputted by other systems within the organization such as the Supply Chain Management Systems (SCM), with the use of the extranet (O’Brien, 2003). The data is then stored in the relevant database until it is required by the next user. A combination of the data can be transformed into information that is used in marketing of the cars manufactured, or can be used in the ordering and distribution of sources such as parts (doors, seats, trees) and land allocation or money for infrastructure development. This process of transformation can also be used as a control measure, when targets of the different organizational components are reviewed, or the quality or accuracy of the initial data may require verification and correction. Once the data has been transformed the information/ product can then be disseminated to the end user, in this example the car is sold to the customer. A Customer Relationship Management System (CRAMS) can collect data for feedback purposes or for customization of the car, depending on when the data is used. In essence a cycle is created and smooth flow of information from one component to the next increases the effectiveness and the competitiveness. These processes and systems aid in reduction in time wastage, an expensive commodity, where traditionally the organization might have had to compile the data physically, taken days to analyses it to find trends and pass it on to the different departments or components. In the process things might be delayed or incorrect, compilation could also involve travel costs in cases of the manufacturer having more than one assembly plant. The information from appliers would require making multiple phone calls for quotations or back and forts as prices are negotiated. All these are examples of costs that would be transferred to the customer. Quality of the information could be compromised depending on the control of data collection and transformation, leading to substandard parts being used resulting in a hazardous product that might not meet specifications, hence resulting in the product being described as a right-off or loss. The wrong customer information could lead to the wrong car being delivered to the wrong person, which could lead to customer dissatisfaction and inconveniences. Or storage of the information could lead to losses in customers, suppliers and credibility in the industry. As the organization implements the use of IS for information management it starts to optimize all its processes, thereby meeting Porters analysis of the value chain (Gabon, 2008) where streamlining input, processing and output leads to larger profit margins. Whilst at the same time satisfying Shih’s measure of organizational effectiveness. In conclusion, if an organization successfully integrates the use of information systems as a means of information management, the benefits are multiple and extensive if done correctly. Obviously, if the organization introduces information systems but does not train staff on how to use it, or does not implement control measures in the input of the data the information gathered will not only be inaccurate but will lead to misinformation leading to lack of optimization, therefore reducing effectiveness and competitiveness(Gigs). Hence, the organization has to be fully committed to the implementation of the information systems as a means of improving its methods of information management, otherwise it will fall short. Interaction between the different components of the organization (through intranet), as ell as with outside entities, such as suppliers (extranet) and customers/ end users (internet) needs to be as smooth as possible. Of course, there will be instances of downtime, however how these are dealt with also improves the overall effectiveness of the organization and can translate into an increase in competitiveness. References 1) O’Brien, J. A. (2003) Introduction to Information Systems: Essentials of the E- business Enterprise. 1 lath Edition. International edition: McGraw-Hill Irwin. Boston 2) Gigs, W. (†¦ ) Demand median effectiveness versus organizational efficiency. Http://smelliness’s. Churn. Com/organizatioorganizational Effectiveness Vs.. Organizational Efficiency 3) Gabon, M. (2008) Measuring company level competitiveness in Porter’s Diamond model framework. HTTPS://ideas. Repel. Org/h/peak/suffer/149-1 58. HTML b) Discuss various e-business strategies that can be implemented for competitive advantage. (25) Over the years due to stiffer competition, growing global markets and a rise in more tech savvy consumers, the e- business has had to restructure the way they conduct business. With more and more people having access to the internet, it has become advantageous for e-businesses to conduct business online, hence, the growth in numbers of -businesses. E-busines s has been described as conducting business via the internet. It is not limited to just buying and selling but also the servicing of customers and the collaboration with suppliers (O’Brien, 2003). The demand for instant or efficient services, which are also affordable and custom-made, in some instances, has driven e-businesses to implement strategies that counter forces such as competition, customer bargaining supplier bargaining, threat of substitutes and the threat of new entrants (O’Brien, 2003). It is through the implementation of effective strategies to curb or reduce these actors that the e-business can increase its competitive advantage. This assignment will debate various e-business strategies and will highlight how their implementation leads to competitive advantage. Before we look at the strategies that can be implemented and how, it is important to clarify what a strategy is. Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain competitive advantage (Belabored et al, 2011 Therefore e-business strategy would then be strategy as it applies to the e-business model. Another term that needs unpacking is competitive advantage as this will illuminate to what end the strategy is adopted. When the e-business implements a strategy that competitors are unable to duplicate or find too costly to imitate then it is said to have a competitive advantage (Belabored et al, 201 1). Hence, we can deduce that when online businesses adopt systems that streamline and enhance their operations and knowledge base with the result of creating a seen. ‘ice or product that is unique, in some way, gives that business an advantage. An effective way of e-business strategy implementation is through the adoption f a more strategic information management, in other words, information systems that allow the provision of a service or product that industry competitors cannot provide. When it comes to implementation of the strategic information management system in e-businesses, there are several points within the value chain where the strategy can be adopted so as to improve the end product/ seen,’ice namely at Customer Relationship Management (CRM), Supply Chain Management (SCM), Enterprise Resource Management (ERM) (O’Brien, 2003). Therefore, the focus is on the strategic adoption of cost leadership, alliances, innovations and differentiation of the ND product or service (O’Brien, 2003) using information management systems. It is important to note that e-businesses are likely to use a combination of the strategies to gain competitive advantage; however, the examples below will try and place their implementation in isolation, in an attempt to illustrate how they work to increase competitive advantage. E- businesses are using strategic information systems at different organizational levels to improve the margins in their value chain (O’Brien, 2003) as this enables them to deal with the ever changing markets, keeping them relevant ND competitive. For instance, Symbolizing, a locally based e-business that facilitates the purchase of groceries online and offers delivery to your doorstep, or nearest postal outlet in remote areas, has adopted an alliance strategy that enables the organization to service a niche market. The cost of delivering the groceries themselves would have been too high and would have resulted in an increase in the cost of service for the customer. However, through the strategic alliance with Compost, Symbolizing is able to offer the service to a wider range of clients as they can promise to deliver to almost nowhere countrywide as long as there is a post office. Through this alliance Zoning is able to continue doing business at a sign efficiently lower price, whilst at the same time offering a unique service to the Diaspora market that competitors are unable to duplicate. Another strategy an e-business could adopt to improve its strategic information system through innovation is by introducing a support system that plugs into the Customer Relationship Management system already in place. For example, if an e-business that offers security and tracking services for vehicles, also introduces a call centre agility, which the customer can access through the navigation system in the vehicle to ask for clearer navigation instructions or other services such as remote unlocking of the vehicle in the event that the owner has locked the keys in the car. This would give the business a competitive advantage as they have created a service that adds value to an existing one but is unique to them alone. In the same example if the navigation system or tracking system could inform the customer that it requires an update and when the customer makes a payment the system updates using hotshot access. The convenience f this ensures that the customer is locked-in, and will not look elsewhere for the same services. Strategic flexibility, which is capabilities used to respond to various demands and opportunities existing in a dynamic and uncertain competitive environment (Belabored et alarm 2011), improves e-business agility, which is its ability to post above average returns in an ever changing dynamic environment, due to quick responses to changes in the environment (O’Brien, 2003), as shown by an e-business that ensures that continued research, learning and training improves its service offering such as hospital in India hat specializes in the performance Of hip and knee replacements and diagnoses and recruits their patients online through a series of consultations, which are free, resulted in their opening up their client base to include people from all over the world. They have a support system that follows up on patient care which assists in referrals, as patients share their experiences with others with similar ailments. The hospital no longer waits to patients to come to India, it has brought Indian state of the art healthcare to the global market online. Omen Inc. As illustrated by Cyprian (2003) adopted the growth strategy wrought the introduction of an online design room, which both designers and customers use to design, order and purchase customized faucets. The information system integrated the CRM and the SCM systems to produce a new product offering. They not only expanded their customer and supplier base they expanded their product lines. How to cite Individual Assignment, Papers Individual Assignment Free Essays Individual Assignment for BFC32202. This assignment reflect at Level C4 (refer RPP04) which required student to do an analysis to answer the question. You can refer to any reference such as text books, interviews, internet sources and other related technique to find the related and comprehensive solutions. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Write an assay with maximum 10 pages using Time New Roman, font size 12, 1. 5 spacing and complete with references. The submission of this individual assignment should be submitted before 26 April 2013 to my room (Blok Akademia 3, Ground Floor, Room 9). Your question number will refer to your sequence number in name list as per attached. This question only consist 15 questions so that the next circle of sequences will be started from person number 16, 31, 46 and so on. 1. Discuss the dilemma engineers face in balancing capital expenditure versus optimum design for efficient operations and maintenance, bearing in mind the impact of capital expenditure on the engineer’s fees. 2. Technological and economic efficiencies in providing service to the public are the expected benefits from the privatisation of public utilities companies in Malaysia. Discuss with examples whether the technological benefits of privatization have been achieved. 3. Are the present safety practices of your industry adequate? What steps do you consider should be taken by the industry to address the present situation? 4. The manifestation of professionalism among engineers occurs through their interactions with other segments of the society, which can be viewed essentially as an exercise in group dynamics. In this regard, the Institution of Engineers, Malaysia (IEM) is ideally constituted to serve this purpose. Discuss the various functions that can be provided by IEM in promoting professionalism. 5. In this technological age, the power of the engineers in shaping the society and environment in all pervading and can profoundly affect the lives of many members of the society. Enumerate, from your personal experience, how largely positive impacts have accrued from the contributions of engineers. 6. â€Å"He shall not under any circumstances solicit advisory or consultative work, either directly or by an agent, nor hall he pay, by commission or otherwise any person who may introduce clients to him†. Discuss the ways in which an engineer, especially one that is a newcomer to the field, can project him/herself as a responsible professional to the society without being guilty of violating the above. 7. Engineers are often entrusted with the responsibility of implementing large-scale project involving millions of dollars. In view of the large amount of money changing hands, the integrity an d ethical standards of engineers are being put to test. What measures can an engineer take to prevent corruption an unethical practice of cutting corners in order to safeguard the good image of the engineering profession? 8. As an engineer responsible for the development of a new project, your first task according to the planning schedule is to clear the land and prepare the site for construction. To do so, you will need to clear vast stretches of land that will undoubtedly cause land erosion and subsequently contaminating of streams and rivers around the site. You are under tremendous pressure to finish the task as the job is already behind schedule. Given the constraints that you have with regards to deadline, limited technical solutions and the preservation of the environment, discuss the ethical considerations, which confront you under the circumstances. 9. In recent years, there is stronger awareness by the public at large for better quality works in a construction project. How can a professional engineer ensure better quality construction without conflicting with the profit objectives of both the owner and the contractor? 10. ‘Conflict of professional interest frequently arises in the working environment of an engineer’. Discuss the statement and propose the appropriate solutions for overcoming the problem. 11. Recent years have seen increased national and international Protocols and Regulations and national Acts and Legislation on the control of many forms of pollution. Discus the needs and consequences of observing these regulations with special reference to the particular industry you are involved in. 12. â€Å"In today’s dynamic marketplace, many organisations/industries are initiating cost reduction measures to remain competitive†. Discuss the contradictory demand of cost reduction programmes and the need to invest to enhance the standards of Health, Safety and Environment (HSE) in the industry. Is it possible to be cost-effective yet meeting the ever-increasing HSE requirements? 13. Engineers are increasingly playing a significant role in the nation’s fast pace development. Please suggest how engineers can make greater contributions with awareness in safety, health and environment and how engineers can keep abreast with the development of technology without confining to one’s specific roles or disciplines. 4. In a turnkey project, the turnkey contractor requested you as a consultant to put up irregular (i. e. non-conforming to current engineering practice) proposals to maximize profits from the project. Discuss the key points that you must address so as not to compromise on your professional ethics. 15. With the rapid development in IT, would virtual Laboratories be a good substitute for real one s in engineering? Elaborate on the merits and demerits of the issue. How to cite Individual Assignment, Papers

Business Analysis Project Researches

Question: Discuss about the Business Analysis Project Researches. Answer: Introduction: Management accounting is crucial in utilising the valuable information in undertaking critical decision-making (Tait and et.al., 2013). It is an integral part of business as this help in assessing operational activities, which is effective in accomplishing organisation goals. It is important to ensure that the issues lying within the managerial accounting have an effect on the workplace significantly. In the current report, we shall identify the various issues at the workplace and apply adequate strategies to resolve such issues. Moreover, a reflective of skills shall be stated in brief, which had acquired from the following course. Recognising professional accounting, management and public relation issues at workplace It is quite evidently observed during different researches that a number of issues arise in a workplace. A strong reason prevails behind such issues, and it is seen imperative for an organisation to fight against all the odds. Workplace issues, in particular, are those regarding the concerns of the workplace environment, communication, employees behaviour, employee termination, and employee development, which overall affects the performance, stability, and productivity of the company (Hendrix, Hayes and Kumar, 2012). In order to maintain the peace and decorum at the workplace as it is important to ensure a healthy environment at the workplace which is possible by keeping a track record by the management of the issues that are probable to arise and further recommend possible solutions for avoiding the occurrence of these issues. The issues occurring in a workplace can be identified under 3 major heads that are professional accounting, management and public relations. Thus the issues that are commonly identified in every other organisation can be identified as follows: Professional Accounting Issues Accounting principles are the common guidelines that need to be followed while recording and reporting of financial information. A change in accounting framework can be made only when the same is required to be done by General Accepted Accounting Principle, GAAP or International Financial Reporting Standards, IFRS. The international board GAAP and IFRS state all the conventions, standards and various guidelines on how accountants are required to prepare their financial statements (Horngren, and et.al. 2013). It is imperative for an organisation to remain its consistency with the principles of GAPP and IFRS as investors invest in the company after reviewing GAAP financial results of the company. An effect of a change in principles of accounting by the recognised standard is likely to create an issue at the workplace as it becomes obligatory to record and summarise the financial transaction in accordance with the standards. It was seen at times accountant fail to comply with the standa rds, which give rise to issues under professional accounting. This issue moreover causes loss to the company, as investors might not invest in the firm during the period of diversification and expansion. Further legal implications may also arise if loopholes are identified in firms accounting, which will lead to diminishing value of shares of the firm. Maintaining Confidentiality In a litigious and competitive environment, it is highly important for the company to maintain its confidentiality. Like any other organisation I also have professional accountants to manage my financial reports. It is important for accountants to carry out their services with reasonable skill and care. In order to maintain a substantial degree of professionalism it is necessary that the financial information critical to company success must be kept confidential (Alvesson and Sveningsson, 2015). Wherein accountant takes negligent actions it is likely to create a substantial loss for the company. Further, the loss of information can result in damages due to negligence by profession accountants. Wherein company personal financial information is leaked it is likely to create theft of assets and possible legal consequences. The occurrence of such event at the workplace by professional accountants can ruin the reputation of the company. It is binding to maintain confidentiality as the com pany on the professional accountants entrusts a lot of trusts. Training is among the factors that provide a prime opportunity to employees to expand their base of knowledge and also employers to meet goals with efficacy. It is quite evidently seen that training and development at workplace provide both company and employee with benefits of the cost and time invested in it. Training helps in reducing the costs of company and aids at providing more effective results for the firm (Cummings, and Worley, 2014). Further effective training and development help in enhancing employee personality and boost up their morale thus help in enriching the performance of the company. On the contrary, if company resist from training and development at the workplace it is likely to face managerial issues. It is evidently seen that training and development facilitate learning by employees and a lot of issues like turning lethargic and facing distress at workplace get reduced as the morale of them is boosted. Moreover the productive is affected if the firm does not k eep the employees updated through effective training. The expenses incurred have fruitful benefits to the company in terms of profit in future. Resistance towards change The resistance of employees towards change is a complex issue that is faced by management. The managers and supervisors are the ones who is responsible for implementing change. It is seen that employees do not sportingly respond to change and show their resistance from accepting them. The process of introducing change within the organisation is pervasive and has negative repercussions. The major issues that come across the organisation are in managing change effectively (Biron, Gatrell and Cooper, 2010). It is seen important for an organisation to acquire change management skills to absorb the rapidly changing environment. The company is working, and customer service is affected if employees do not facilitate change. Though it is not easy to make employees comfortable towards the change at least company should take measures to minimise the discomfort faced by employees towards the change. Planning of change and undertaking strategy to address the factors that lead to resistance will help employers in smoothly overcoming the resistance of employees towards the change and further aid in providing a positive outlook for them. Also gaining feedback from employees can also be a helpful strategy in gaining assent for change. Organisation culture signifies overall company regime like the working ethics, beliefs, the level of social interaction, environment, teamwork, values of the company etc. organisation culture is reflected through its employees and working environment. Diversity in cultures is a common point, which is vividly observed in a multicultural workplace (Kaplan and Atkinson, 2015). The diversity is likely to affect the theme of working harmoniously in a common parlance. People belonging to different background dont share a common behaviour, display different emotion and have their own frame of reference. The cultural differences are a major issue because of the gap that is persisting in the differences in opinions or working styles of individuals. Communication is a strong point, which helps in meeting the ends. The differences can be bridged by effective communication and providing a common platform as well opportunities to work with one another to make them feel involved and embrace a cult ural lifestyle. A successful organisation relies on a healthy culture to achieve its long-term success goals. Balanced power between employee and employer The issue that haunts organisation is the power imbalances that persist between the employment relationships. Power misuse generally gives rise to this issue. The employer often uses their power to affect the working efficiency of the employees. For instance, the contract of employment is an agreement that safeguards the rights and privileges of both employee and employer (Baldvinsdottir, Mitchell and Nrreklit, 2010). Wherein employers fail to respect and treat their employees with the dignity it is likely to cost the company. The ability to influence by way of power is particularly an issue, as the other is not given the point to express. The organisation should ensure that the employers do not exploit the power and the gap between them should be lesser. Applying knowledge to resolve the workplace issues It is observed that by the end of this course I have learned to gain skills to deliver positive outcomes and manage my responsibilities in an effective manner. As per the Ward (2012), it is seen that management accountants have to remain updated with the guidelines issued by the international standard, i.e., GAAP and IFRS to avoid any issues at the workplace. I properly note the change in the guidelines and its application in financial statements is also considered. With this course, I was able to manage complicated records and compile them in accordance with the principles issued. In today's era, it is seen imperative that organisation has to face and cope up with the change (McGowan and et.al., 2010). Learning during the classes has provided me with the skill to grasp the guidelines issued by international standards before undertaking final decisions. I have also identified that it is mandatory for accountants to maintain confidentiality regarding the clients and their financial data. The losses borne by the accountant on such breach of information has made me cautious about the confidentiality matter. Thus, my company mentioned special clauses when auditing with external auditors to ensure that action is taken when confidentiality is breached. It has been further noticed that employees are not able to gain benchmarks or cope up with the employers expectations. The possible reason behind it is that a proper strategic direction is not provided by the organisation to achieve the targets with efficacy. A systematic training program was introduced to enhance the necessary skills and capabilities of employees. Knowledge is vital only when it is shared, and training is a platform that facilitates sharing of knowledge and enables employees to excel and deliver value added results (Ward, 2012.). Change is important and the study showcase that it is vital for an organisation to adapt the rapid changes to remain competitive and fierce within the market. Employees resistance is a pervasive part of the change and they find difficulty in accepting the change. Through the course, I have seen that the onus is on employers to manage the change and introduce effectively within the organisation. It is best absorbed when employees are shown the benefits of change and critical skills are required to be possessed by the managerial authorities to plan this change strategically. I have seen a good communication strategy can be adopted to deliver the reasons behind the change and employers feedback can also be obtained. I adopted a strategy to gain employees feedback towards the changes so that employers could know about their opinion towards the change and their grievances can be sought directly. According to the Boisvert, (2015) organisation culture is one of the significant factors in facilitating organisation success. Through the learnings I was able to realise that efforts of an individual are not enough. It is seen that goal is attained through mutual contribution and efforts of all. With the help of this learning, I was welcomed to induction program in my team departments to help us manage and acquaint ourselves with the members with each other potentials. With the application of this learning, a better workplace relationship could be established to minimise the cultural differences in an organisation. To ensure the effectiveness regular team meeting and review of the environment at the workplace was done. At my workplace, one of the problems that were addressed was of power imbalance. This issue had affected the capacity of working enthusiastically of the employee as employer emphasised unwanted power against them. To avoid this issue, I distributed work as per the roles, skills, preferences and responsibilities of employees. Moreover, performance management tools were identified and applied successfully across the organisation to monitor the employee performance, and the results are appreciated to facilitate a healthy working environment. From the knowledge of this course, it was easier to solve issues arising from our workplace, and a healthy working environment was established to help stakeholders accomplish the organisational goals (Schaltegger and Csutora, 2012). This learning has excelled my knowledge, and I was able to realise that having a practical outlook towards an issue is also important than just having a theoretical knowledge. I am able to see that my decision-making skills are refined which will assist me in undertaking more enhanced decisions and shall shape a better future for me. Strategies recommended for project For resolving issues at the workplace, there are different strategies that are being applied by management accounting to attain desirable outcomes. The requisite strategies that are being suggested are as follows: Strategic planning and implementation Various strategic tools can be used to deliberate a requisite strategy in order to address issues with efficacy. Tools that can be used are PESTLE, SWOT, etc. to determine a particular goal and objective. These tools helped me in determining the factors that affected the organisation profitability and provide direction to avail the opportunities as well minimise the weaknesses. Furthermore, the strategic mapping is also essential for the effective execution of plans in a systematic manner to cover all the prospective elements (Cummings, and Worley, 2014). Lastly, to analyse the performance of employees I have been using methods like MBO (Management by objective) and Balance Score Card is used. Reporting system and internal controls Awareness is a key factor that facilitates learning and acknowledgement of facts. In order to safeguard the organisation from the legal consequences, it is important to ensure the integrity of organisation accounting records. Documentation is a measure that can help in reducing the errors in monitoring and reporting can be made in a consistent manner making it easier to trace the occurrence of errors (Biron, Gatrell and Cooper, 2010). In the case of fraudulent practices, the effective reporting system should be established to identify whether the organisation confidentiality matters are protected or not. Effective delivery of product and services The core business activities towards which organisation drive all its efforts are delivering effective product and services to convince customers and establish a reputation within the market. To ensure that the customers are treated with quality products and services it is important to enhance the skills and capabilities of workers through training and development (Ward, 2012). The customer satisfaction and competitive edge are provided to the business through a specialised training program for employees. Performance measuring and management For gaining organisation goals, it is important to build the existing performance and undertake special efforts to ensure that enhancement is made in the performance of employees. For the assurance of the application of performance, the organisation can introduce KPI, a key performance indicator that includes factors of both financial and non-financial elements. This method helps in overseeing and setting up of benchmarks to determine the difference between actual performance and expected performance. Further quality management tools like TQM, EFQM, and Six Sigma can be employed to measure the performance and quality of product and well as services provided by them. Value Addition In order to ensure strong relationship and better management of public relations, it is important to make use of tools like Value Chain Analysis to facilitate employees participation and Customer Relationship Management (CRM) to motivate customers participation. With the help of these strategic tools, the business is able to add value to the product and services to deliver positive results. Furthermore, the CRM tools emphasise on connecting customers to the business by attracting them from their competitors (Baldvinsdottir, Mitchell and Nrreklit, 2010). This strategy has proved out to be a successful measure to provide opportunities to excel in performance and strive business to grow for achieving a more enhanced base of customer. Conclusion As per the current study, it can be concluded that the management accounting techniques are adopted to resolve the probable issues arising at the workplace in a sophisticated and systematic manner. Management accounting is an integral part of business in accomplishing organisation goals. For developing an effective and facilitative workplace, the management is directed to provide a more systematised manner of training and development sessions to also embrace changes in a more viable manner. This will assist in maintaining an effective, profitable value for the organisation by providing a competitive edge to the organisation in the market. To make substantial improvements by companies, it is important that organisation make use of tools like balance scorecard, value chain analysis, Key Performance Indicators, etc. The tools are supportive in meeting the key purpose of an organisation such as quality enhancement, performance measurement, value addition and the like that strive organisa tion to achieve organisational objectives. With the help of these tools and strategies, it is able to make use of resources at optimum capacity and develop an operative as well as the effectual workplace. References Alvesson, M. and Sveningsson, S., 2015.Changing organisational culture: Cultural change work in progress. Routledge. Baldvinsdottir, G., Mitchell, F. and Nrreklit, H., 2010. Issues in the relationship between theory and practice in management accounting.Management Accounting Research,21(2), pp.79-82. Benn, S., Dunphy, D. and Griffiths, A., 2014.Organisational change for corporate sustainability. Routledge. Biron, C., Gatrell, C. and Cooper, C.L., 2010. An autopsy of a failure: Evaluating process and contextual issues in an organizational-level work stress intervention.International Journal of Stress Management,17(2), p.135. Cummings, T.G. and Worley, C.G., 2014.Organisation development and change. Cengage learning. Hendrix, J.A., Hayes, D.C. and Kumar, P.D., 2012.Public relations cases. Cengage Learning. Horngren, C.T. and et.al. 2013. Introduction to management accounting. Pearson Higher Ed. Kaplan, R.S. and Atkinson, A.A., 2015.Advanced management accounting. PHI Learning. McGowan, A. and et.al., 2010. Managerial accounting.Issues in Accounting Education,25(4), pp.792-793. Schaltegger, S. and Csutora, M., 2012. Carbon is accounting for sustainability and management. Status quo and challenges.Journal of Cleaner Production,36, pp.1-16. Tait, B.D. and et.al., 2013. Consensus guidelines on the testing and clinical management issues associated with HLA and non-HLA antibodies in transplantation.Transplantation,95(1), pp.19-47. Thomsen, H.K. and Hoest, V., 2010. Employees' perception of the learning organisation.Management Learning,32(4), pp.469-491. Ward, K., 2012.Strategic management accounting. Routledge. Boisvert, C., 2015. Organizational Culture: What is it and What are the Challenges. [Online]. Available from https://atmanco.com/blog/working-environment/organizational-culture-challenges/. [Accessed on 29th January 2017].