The Global Economy Has Changed The Way The Corporations Do...

Leadership in a globalizing world. The global economy has changed the way the corporations do business today. The melting of trade barriers among nations and their increasing inter connectedness, accelerated by technology has brought a profound impact on global business. The expanding global environment has extended the reach and goals of the companies with greater access to wider markets. Managers are looking to globalize operations, developing new markets for their products for better strategic business outcomes. Consumers also have better access to a greater variety of goods and services; and the competition to reach to the new markets with the right product is getting stronger among businesses. Globalization gives businesses better access to a global workforce, enables them to tap into international raw materials and financial resources. As the world economy is fast becoming a single interdependent system, businesses have competitors, customers, employees from anywhere in the wor ld. As indicated in the article â€Å"Leading in a Globalizing World†, the author, Kanter, R. M. emphasized that being successful in the global business environment takes special skills. As global managers, the biggest challenge is to improve upon their ability to deal with ambiguity, complexity, and diversity. Understanding the bigger picture and acquiring the global vision is the key, i.e. staying informed what the competitors are doing, what customers prefer at different markets. For example, aShow MoreRelatedGlobalization Is A Form Of A New Market1483 Words   |  6 PagesAs our world has grown increasingly interconnected the practices in the field of business have changed in a way never seen before in history. With a globalized economy come many advantages for the western countries at the forefront of this development. Inexpensive labor sources, countless potential business partners, and a larger pool of potential customers have drastically increased profits for Western corp orations. However, with these benefits many have come to question the morality of this formRead MoreThe Big Picture By Award Winning Authors That Offer Great Insight Into The Reason Behind The Global Economy Crisis1402 Words   |  6 PagesThe Big Picture is a book by award-winning authors that offer great insight into the reason behind the global economy crisis. The book offers insight into the ways in which one can navigate their way into being successful economists where competition is stiff and the uncertainty of what the market could be tomorrow are a serious challenge. The authors give a clear pathway on how consumers, businessmen, federal reserves and the governments should take account of what is happening about them in orderRead MoreImpact of Global Competition on Trade Unions1552 Words   |  7 PagesTo what extent does global competition undermine the power of trade unions? The development of free-market economics has, since the 18th century, resulted in the spread of a set of ideas, creeds and practices all over the developed and much of the developing world. Today, the globalisation of trade, capital, technology and innovation has accelerated competitive conditions for businesses all over the world. Globalisation may be defined as the opening of markets to the forces of neoliberalism andRead MoreEssay on Globalization: Sharing Our Prosperity With the World1388 Words   |  6 Pages Globalization is the growing interdependence of the worlds people that involves the integration of economies, technologies, and cultures (Bradshaw). It is described as the increased movement of people, knowledge and ideas, and goods and money across national borders that have led to the increased interconnectedness among the world. Globalization is often thought of in economic terms but as we know there are three major components implicated with this idea including: economics, politics, andRead MoreInternational Awareness And Intercultural Competence1574 Words   |  7 PagesBackground Global awareness and intercultural competence are some of the hottest buzz words in higher education right now. With the U.S. population becoming more diverse, and our economy increasingly interlinked with economic issues globally, government, business, and society at large are looking more and more to higher education to create the human capital necessary to continue U.S. preeminence around the globe (Duncan, 2011). The method of choice in higher education for teaching these competenciesRead MoreValue Maximization Is Not The Optimal Approach1158 Words   |  5 Pagespursuing only one objective, i.e. profit maximization is not the optimal approach. A manager must develop a structure that will help employees to resist the temptation to maximize the short-term financial performance of the organization as that’s a sure way to destroy value. Though, a manager needs to take into account the impact of their decisions on all the stakeholders as the first step towards value maximizat ion, the stakeholder theory falls short in describing how managers should make the necessaryRead MoreHow Neoliberalism Has Changed The World1221 Words   |  5 Pages This essay aims to identify how neoliberalism has changed the way we do business in particular managerial strategies to maintain competiveness and adapt to changing market conditions. Firstly, I will briefly explain the term neoliberalism and how it has affected the world. Secondly, I will explain how neoliberalism has influenced managers and their strategic reforms. Thirdly, I will further explain the importance of strategizing and planning in regards to managers in today’s market. Finally, theRead MoreClimate Change: We Need a Carbon Tax1188 Words   |  5 Pagesand difficult environmental problems society is facing today is climate change. People do not realize how much the environment has changed for the worse in the last ten years, until they are told that the last two decades of the 20th century have been the hottest in the last 400 years, according to climate studies (Conserve Energy Future). Today the carbon dioxide levels have reached 396.81 parts per million (ppm). â€Å"Carbon dioxide (CO2) has also increased over the last 100 years-- from about 300Read MoreEffects Of Globalization On Cities In Asia1278 Words   |  6 PagesDraft Professors Chen, Cummins, Morrison, Lestz â€Å"The Effects of the Global on the Local† Three Case Studies on the Effects of Globalization on Cities in Asia Today two massive trends can be seen in the development of the world: the process of rapid urbanization, and the process of globalization. The two seem to go hand in hand. The 40 largest mega-regions produce two-thirds of global economic output and 90 percent of global global innovation, while housing just 18 percent of the world’s populationRead MoreEssay Nations Should Promote Globalization, Not Localization1078 Words   |  5 PagesGlobalization and localization are two conflicting trends in international politics today. Globalization is the spread of peoples, activities, norms, ideas, goods, services, and currencies from one area of the world to another. (Rosenau 15) Localization is the narrowing of horizons and the confinement of peoples, activities, norms, ideas, goods, services, and currencies to a particular geographic area. (Rosenau 16) Globalization and localization affect the world’s countries in three main areas, politics

Clinical Microsystem Assessment Psychiatric Acute Care...

Clinical Microsystem Assessment: Psychiatric Acute Care Unit Dimietris D. Thompson Sacred Heart University Clinical Microsystem Assessment: Psychiatric Acute Care Unit Clinical microsystems are â€Å"small functional front-line units such as a hospital unit, outpatient clinic or home health agency† (American Association of Colleges of Nursing, 2006, p. 6-7). Assessing clinical microsystems marks the beginning of the system’s improvement journey (European Medical Alliance, 2016). According to the Institute for Healthcare Improvement (n.d.) the ten key characteristics of a successful high-performing clinical microsystems is leadership, organizational support, staff focus, education and training, interdependence, patient focus, community and market focus, performance results, process improvement and information and information technology. The purpose of this paper is to assess and explore the acute care unit (ACU), at Silver Hill Hospital, an inpatient psychiatric unit and identify opportunities for quality improvement. Inpatient Care Unit Profile (Appendix A) To begin to assess clinical microsystems, it is important to describe the unit’s basic profile characteristics. The 5 P’s framework, which assesses the purpose, patients, professionals, processes and patterns, will be utilized to frame and comprehend the clinical arena and how it functions within the health system (Gerard, Grossman, Godfrey, 2012). Purpose Silver Hill Hospital is a non-profitShow MoreRelatedThe Care Environment Of The Acu Influences How Well The Unit Functions Essay1970 Words   |  8 PagesCare Environment The care environment of the ACU influences how well the unit functions. Through observation of the environment you can identify areas in need of improvement and develop ways to improve patient outcomes. The Clinical Microsystem Assessment Tool (see Appendix B) is an assessment tool designed to assist front line clinicians and managers in improve the performance of health microsystems by assessing how well the microsystem matches of with characteristics of high performing microsystemsRead MoreCns Role3029 Words   |  13 PagesSupport for Clinical Nurse Specialists The American Association of Colleges of Nursing (AACN) is committed to advancing professional nursing roles and highlighting the connection between well-educated nurses and quality health care. As a leading supporter of academic institutions that educate advanced practice registered nurses (APRNs), AACN is keenly aware of the direct link between graduate-prepared nurses and both patient safety and positive outcomes. Within the APRN community, Clinical Nurse SpecialistsRead MoreOrganizational Assessment : A Non Profit Health Care System7046 Words   |  29 PagesOrganizational Assessment Introduction Size of the Organizations Major Components PeaceHealth is a non-profit health care system in the Western United States that incorporates medical centers, critical access hospitals, clinics, and laboratories spanning across Alaska, Oregon, and Washington. PeaceHealth operates medical centers in Ketchikan, Alaska, Ketchikan Medical Center, critical access, 25 beds, 29 long-term care beds, Cottage Grove, critical access, 14 beds. Eugene, Sacred Heart UniversityRead MoreOrganizational Assessment : A Non Profit Health Care System8516 Words   |  35 PagesOrganizational Assessment Introduction Size of the Organization’s Major Components PeaceHealth is a non-profit health care system in the Western United States that incorporates medical centers, critical access hospitals, clinics, and laboratories spanning across Alaska, Oregon, and Washington. PeaceHealth operates medical centers in Ketchikan, Alaska, Ketchikan Medical Center, critical access, 25 beds, 29 long-term care beds, Cottage Grove, critical access, 14 beds. Eugene, Sacred Heart UniversityRead MoreFundamentals of Hrm263904 Words   |  1056 Pages With WileyPLUS: Students achieve concept mastery in a rich, structured environment that’s available 24/7 Instructors personalize and manage their course more effectively with assessment, assignments, grade tracking, and more manage time better study smarter save money From multiple study paths, to self-assessment, to a wealth of interactive visual and audio resources, WileyPLUS gives you everything you need to personalize the teaching and learning experience.  » F i n d o u t h ow t o MRead MoreStephen P. Robbins Timothy A. 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This emphasis on management innovation also becomes more pervasive as the best results of the implementation of what was once called the â€Å"New Economy† approach to management and leadership (which was viewed

Professionalism vs Commercialism Non Audit - MyAssignmenthelp.com

Question: Discuss about the Professionalism vs Commercialism : Non Audit Services. Answer: Introduction Auditing is one of the most important services within an organization as it determines the progress of a given firm. It is therefore very important for a firm to ensure that audits are always perfect and accurate. The accuracy and authenticity of audits can however be influenced by various factors which may come from within the audit firm or team as well as the firm whose accounts has to be reviewed. This factor which threatens the authenticity of audits is determined as threats to audit independence. For a successful audit, the audit firm as well as the auditors should be given freedom to operate on their will. The freedom to auditors is known as the audit independence and it is very crucial for uncompromised audits. The content of this paper therefore reviews case studies given within the instruction in order to determine various threats to audit independence. The content of this paper is organized into two sections where section one of the writing identifies various threats to audit independence and give relevant safeguards to the audit threats identified. Section two of the content looks into a case study identifying two business risks in relation to the second case study, discusses specific audit risk and finally various accounts which are likely to be affected by the yet to be conducted 2015 audits. As mentioned above, audit independence which is a very important factor in determining the success of an audit can be compromised by various factors (Christopher, Sarens and Leung 2009). In such cases where auditors independence is compromised, the validity of the audits cannot be justified and the audit results are therefore not reliable. Considering the given case study one of CJ, several audit independence threats can be deduced as follows: Auditors familiarity and Audit trust Based on the Fourth and the second conversation s in the given case study, it is quite evident that auditors independence is likely to be compromised based on the familiarity and trust developed by Michael and Annette (Blay 2015). Audit independence becomes vulnerable in cases where auditors are so familiar with the client firm. From the conversation with Annette, she says that, based on the current audit she and the team conducted on the client tax books of accounts, there will be no much audit work to be done again in such accounts. From her statement, it is clear that there is likelihood of fraud covering in such books without intense audit reviews (Stewart and Subramaniam 2010). Annette has also developed trust which is likely going to influence her audit judgments. From the conversation with Michael, it is also evident that his work is going to be influenced by trust and familiarity. Michael is so familiar with the client firm and his father is one of the top officials in the cl ient firm managing all firm records. Basing the argument on the family issue Michael will cover for the father in case of any fraud. This one of the factors affecting audit independence and may as well compromise auditors judgments leading to unreliable audits (Ye, Carson and Simnett 2011). The client firm as revealed from the case study is planning take two top officials of the audit firm CJ to a fully sponsored tripe. Considering the definition of the self interest as a threat to audit independence, taking the two officials to a trip will compromise their audit judgments. This threat to audit independence comes as a result of tokens and gifts from the client or client firm. In case where an auditors receives a token from the firm to be assessed then their independence is considered gone since human beings will always return favors (Stewart and Subramaniam 2010). Therefore in this case the CJ firm will return favors by covering various frauds by the top client firm officials. Another factor that is likely to affect audit independence is intimidation and humiliation of and auditor. From the situation one given in the case study, the client firm management team is planning to suck CJ as their audit firm in case Gaffer fails to give a speech on the firm. In this case the CJ Company is likely to operate in the favor of the officials in order to keep their contract (Stewart and Subramaniam 2010). Audit independence in such cases is not valid as the audit team will make audit judgments suitable to the employer and keep the contract. Being fired is always sad and humiliating there threatening to suck the company from its duty as the main audit firm is a way of intimidation and is likely to influence the audits yet to be done by the audit firm CJ. Safeguards to audit independence are various ways in which threats to audit independence can be limited, removed or controlled. Based on the above discussed threats, various measures or safeguards can be put in place to cover CJ as an audit firm. The following are some of the ways CJ audit independence cab is maintained. Audit shifts in this case means application of audit team returns where various auditors who performed an audit assignment do not perform or carry out audit services on the sane firm. This will enable the audit firm to minimize threats to audit independence which may be as a result of familiarity and trust. Regarding the conversation with Annette, her work is likely to be compromised based on the reason that she had worked in the client firm prior to the current yet to be conducted audits, therefore does not see the need for proper audit reviews on the tax books records (Goodwin and Yeo 2011). To avoid such threats the company can therefore use new auditors in cases where some of the team are familiar with the audit firm such Michael and Annette in this case. Observation of audit rules and codes of conduct From the case scenario one where the company is planning to intimidate the audit firm the audit team can event such intimidation by standing firm according to their code of conduct. Performance of non audit services always leads to loss of audit independence thus against the audit rules (Sharma and Sidhu 2011). It is therefore on the part of the audit firm to refuse such intimidations based on the law. Observation of audit rules also enables an audit to work independently resulting into reliable audits. According to the given case study, several factors which can result into the company receiving less profit than the projected can be determined. Business risks are factors within or without the firm structure which can limit a firm from achieving their main aim which is maximum profitability (Craswell, Stokes and Laughton 2012). The content of this paper however analyses two main risks from the case study as follows: The company in the given study deals with sales of various machines or equipments as well as their spare parts leading high maintenance services required. The company offer maintenance services to their clients located in various parts if the country (Ashbaugh, LaFond and Mayhew 2013). As revealed, various mechanical experts are hired by the firm to conduct maintenance services to the clients. Hiring of such experts is very expensive as they travel from one place to another reaching out various clients. Since most if the company clients are remotely located, the firm management spends a lot of money in order to reach out to them. The company employs a market strategy where clients interest is always preserved and met before any other factor. In other words the client interest is always firsts (Ashbaugh, LaFond and Mayhew 2013). Based on such strategy the firm provides maintenance services to their clients as a warrant. During such operations as already mentioned, the firm hires experts for such services whose all expenses are covered by the company. This reduces the profit margin which the company would have made without after sale services such maintenance. The specific audit risk which may be as a result from the business risks is the inherent risks. An inherent risk occurs at the stage of audit reports. It is always as result of fraud which are likely to occur based in the kind of operations the firm is involved (Beeler and Hunton 2012). During the maintenance services fraud is likely to occur as mechanical experts as well as the company supervisors in the field may quote higher value used during the operations compared to real value leading to an inherent risk. The given company in the case study deals with payable accounts which are likely to be affected by the 2015 audits. A purchase account is one of the payable accounts which are likely to be affected by the audits as most of the company operations involve purchases (Beeler and Hunton 2012). During purchase of the stock the likelihood of value misquotes us very high making these accounts to be vulnerable to the 2015 audits. References Ashbaugh, H., LaFond, R. and Mayhew, B.W., 2013. Do nonaudit services compromise auditor independence? Further evidence. The Accounting Review, 78(3), pp.611-639. Beeler, J.D. and Hunton, J.E., 2012. Contingent economic rents: Insidious threats to audit independence. In Advances in Accounting Behavioral Research (pp. 21-50). Emerald Group Publishing Limited. Blay, A.D., 2015. Independence threats, litigation risk, and the auditor's decision process. Christopher, J., Sarens, G. and Leung, P., 2009. A critical analysis of the independence of the internal audit function: evidence from Australia. Accounting, Auditing Accountability Journal, 22(2), pp.200-220. Craswell, A., Stokes, D.J. and Laughton, J., 2012. Auditor independence and fee dependence. Journal of Accounting and Economics, 33(2), pp.253-275. Goodwin, J. and Yeo, T.Y., 2011. Two factors affecting internal audit independence and objectivity: Evidence from Singapore. International Journal of Auditing, 5(2), pp.107-125. Sharma, D.S. and Sidhu, J., 2011. Professionalism vs Commercialism: The Association Between Non?Audit Services (NAS) and Audit Independence. Journal of Business Finance Accounting, 28(5?6), pp.563-594. Stewart, J. and Subramaniam, N., 2010. Internal audit independence and objectivity: emerging research opportunities. Managerial auditing journal, 25(4), pp.328-360. Stewart, J. and Subramaniam, N., 2010. Internal audit independence and objectivity: emerging research opportunities. Managerial auditing journal, 25(4), pp.328-360. Ye, P., Carson, E. and Simnett, R., 2011. Threats to auditor independence: The impact of relationship and economic bonds. Auditing: A Journal of Practice Theory, 30(1), pp.121-148.

The Keys to a Great Story Essay Example For Students

The Keys to a Great Story Essay Brett AndersonEnglish pd. 9Compare/ Contrast11/25/98What certain qualities are necessary to create an excellent literary work? What makes onework impossible to put down while another work is difficult to stay focused on? There are severalkey elements essential in making good work outstanding. These key elements are: interestingcharacters, an intriguing plot, a valid theme, and a carefully structured conclusion. These are the keyelements of a literary work that I am going to focus on and explicate for you. The characters in Witness for the Prosecution are believable through the authors vividdescriptions and through what Mr. Mayherne says about the characters during his interviews withthem. For example the author described Romaine as a foreign woman with high cheekbones , denseblue-black hair, and a nervous twitch in her hands that is distinctly foreign. The narrator went on tosay she is a strange, quiet woman, who is so quiet that she made visitors feel uneasy. The author isalso very detailed with her description of Mr. Mayherne. The narrator depicts him as a small preciseman, who is neatly dressed and recently had his boots shinned. She also said the most strikingcharacteristic of Mr. Mayherne is his shrewd and piercing gray eyes. From his brief encounter withMrs. Mogson, we found out that she was scared with sulfuric acid by Romaines boyfriend and hasbeen bent on getting revenge on Romaine. Plausible characters and vivid description make this storymore interesting and add to the plot of the story. We will write a custom essay on The Keys to a Great Story specifically for you for only $16.38 $13.9/page Order now The author of Wine was very non-discriptive about the characters. This lack of descriptionmakes the characters extremely difficult to relate too. The author never even gives her charactersnames. She just refers to them as a man and a woman. This total lack of detail makes it hard focuson the story and often you find it easy to lose sight of what is happening in the story. The plot for Witness for the Prosecution is clear, logical, and well-defined. The plot mainlyconsists of Mr. Mayherne and Romaine trying to get Mr. Vole aquitted of the charges that he killedEmily French. The most interesting twist of the plot in this story is that Romaine lied to the jury to getMr. Vole aquitted of the charges. By contrast there is no real plot for wine. The man and woman are sitting at a cafe for noapparent reason talking about their first kiss. The man tells the truth to the woman about his first kissand she gets upset with him. I thought this was an interesting point of contrast because in Witnessfor the Prosecution Romaine lied and won the court case for Mr. Vole , but in Wine the man toldthe truth to his wife and was ridiculed by her. The theme of Wine and Witness for the Prosecution almost seem to directly contradicteach other. The theme foe wine is the truth can be painful at times, whereas the theme for Witnessfor the Prosecution is that liars do not always get caught. The theme for Wine was hard tounderstand, because the woman gets upset at the man for no apparent reason when he tells the truth. The theme in Witness for the Prosecution is easily understood because it is clearly spelled out inthe conclusion of the story. The conclusion of Wine is very unclear, poorly developed, and not focused. It leaves a lotof unanswered questions in the readers mind. This completion never tells the reader what happensto the couple or why the woman is mad at her husband. The only thing the reader learns from thisconclusion is that the wine the husband and wife are drinking reminds them of their youth. Thisopaque conclusion only adds to the lack of purpose in the story. .ud6cb6d4e9787b5f701cff6c1b260c1b2 , .ud6cb6d4e9787b5f701cff6c1b260c1b2 .postImageUrl , .ud6cb6d4e9787b5f701cff6c1b260c1b2 .centered-text-area { min-height: 80px; position: relative; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 , .ud6cb6d4e9787b5f701cff6c1b260c1b2:hover , .ud6cb6d4e9787b5f701cff6c1b260c1b2:visited , .ud6cb6d4e9787b5f701cff6c1b260c1b2:active { border:0!important; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .clearfix:after { content: ""; display: table; clear: both; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud6cb6d4e9787b5f701cff6c1b260c1b2:active , .ud6cb6d4e9787b5f701cff6c1b260c1b2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .centered-text-area { width: 100%; position: relative ; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud6cb6d4e9787b5f701cff6c1b260c1b2:hover .ctaButton { background-color: #34495E!important; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud6cb6d4e9787b5f701cff6c1b260c1b2 .ud6cb6d4e9787b5f701cff6c1b260c1b2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud6cb6d4e9787b5f701cff6c1b260c1b2:after { content: ""; display: block; clear: both; } READ: Kants Humanity Formula EssayThe conclusion of Witness for the Prosecution is very focused, well developed and it tiesup all the lose ends of the story. The completion of this story reveals that Romaine is disguised asMrs. Mogson and it was Romaines false testimony that got her husband aquitted of his murdercharges. The conclusion of the story tells the reader everything that Mr. Mayherne knew and drawsan excellent ending to a great mystery. After carefully contrasting the key elements in Wine and Witness for the Prosecution ithas become apparent that Witness for the Prosecution contains the qualities necessary of a greatliterary work. Wine is lacking too many of the key elements essential in making a good literarywork. The differences between the two the two stories makes Wine difficult to stay focused onbecause it is lacking in many of these key areas. While having many of these key elements welldeveloped throughout the story makes Witness for the Prosecution, one of those stories that aretruly a pleasure to read.