Audits

Separating internal and external audits of a company eliminates conflict of interest. The independence of auditors provides companies with confidence on their performance. In order to build trust and honesty, independent external audits avoid interest or obligation from the client, management or owners. However, despite the regulation, auditor independence has been elusive in the United States. This is due to the clients’ indulgence in the auditors work. There is a shift from the moral aspect of auditing to technically legal issues. This scenario presents an inaccurate image of a firm. Separat ...

An Organizational Change

Organizational change may occur in any company of any type of industry as a way to improve its business process. In order to receive higher revenues and incomes companies are searching for effective tools, which will lead their businesses to a higher level of development and processing. That is why, managing organizational change is an essential part of running a business flow with the aim to maximize the effectiveness of the company`s process of planning, managing employees, and, on the other hand, to minimize organizational costs and employee resistance. In the competitive marketing environm ...

An Orchestra

I chose an orchestra as the model to present my ideal leadership. I have been playing flute since the age of 9 years old and have been in the orchestra for the past 10 years. Every audience, including myself before joining the orchestra, thinks that it is easy to perform in the orchestra, at least, when it comes to two things: cymbals and conducting. In fact, playing the cymbals is never easy, since it requires a perfect technique for a complete crash sound. Echo needs to arrive at the exact moment that is after the crash; therefore, cymbal players pull the cymbals into upper body, which can m ...

An Operations Management

I rushed into the room to prepare a presentation. The full panel of vetting and audience majorly students were present invited. The occasion was to give me the first hand opportunity of landing into a job with the top most managerial firms in dealing with the service management of the quality standards. In many cases I had never delayed but such occasion made me panic. The chief executive officer was the chief gest. I gaze this gave made me to be nervous. Preparation of the PowerPoint presentation was to be done in a group of three individual. As a group leader it was my obligation to delegate ...

An Effective Manager

Manager is a person who holds a vision for an entire organization; a practical genius who possesses both managerial and leadership skills. Most times the success of an organization is determined by the effectiveness of its managers. While some managers are assets to organizations, some who do not understand the importance of being effective managers become liabilities. Managers need to strike a balance between several factors – both internal and external, to keep the show running. In this project, one evaluates two managers on their effectiveness. The first is the manager owner of events plann ...

American Nurses Association

It is always crucial to alienate the services delivered from the personal attribute of the deliverer in order to attain uniformity. The process of ensuring that services are delivered in the professional way is the reason why various code of practice has been developed by and for the various professionals. A good example of this is the Hippocratic Oath that was developed by Hippocrates who up to date is considered the father of medicine. Similarly, other fields have developed the code of conduct which is considered as the agreed code of ethics of a given profession. This has also been develope ...

Alternative Sources of Finance

Given the case that the main contractors have long been perceived as having engaged in unfair practices for which they deliberately held payments meant for small contractors for a substantial period exceeding 30 days. Thus, putting these form of businesses at vulnerable positions upon which to conduct their businesses. Some of the businesses have claimed fault while others have opted to shift operations to other lenient business environments. Therefore, it is safe for these types of businesses to recognize the significance of the different alternatives of finance sources available to them in o ...

Accountability

Research shows that what is significant for a socially responsible person is to take accountability. This is because social responsibility is closely associated with moral development of an individual. Sosik (2006) indicated that being a good community or national citizen allows one to train his or her followers about the advantages of being socially responsible. The facet of being socially responsible goes hand in hand with being ethically and morally upright. Socially responsible person will posses some characteristics which distinguish them from persons with low morals (Sosik, 2006). As a r ...

Access Plus Case Study

The Access Plus Company should assess the industry boundaries and undertake an analysis of the competing forces in the environment where it is undertaking business. The company should assess the risk posed by the entry of potential competitors. According to Porter's 5 Forces model for industry analysis, The Access Company faces the rivalry in the field it is trading in terms of intensity. The Access Company should also study the established companies and the rivalry. The company should consider penetrating price among other options The Access Company also assesses the buying power of the buyer ...

Abu Dhabi Oil Company

The company at hand is Abu Dhabi Oil Company. This company is located in the United Arab Emirates. It was established in 1999 through a joint form of stocks purchases, so that, in the long run, its establishment was focused at maintaining and focusing on the already developed energy sector in the United Arab Emirates oil industry. The core responsibility that the Company was mandated to undertake was aimed at portraying the level of accountability, which was previously held by the Abu Dhabi National Oil Company. This company is an industry (Takreer, 2009). Abu Dhabi Oil Company is mainly focus ...