An Ethical Dilemma Of Sexually Oriented Jokes - 1740 Words

An Ethical Dilemma Sexually oriented jokes were used in the workplace that forced the resignation of a younger employee. Looking at different ethical approaches to situations, this paper will see which approach may have been more useful in coming to a solution to this dilemma. Background LeSaint Logistics is third party logistics provider and automotive paint distributor for PPG Inc. They have many departments within each warehouse that must work together to ensure paint and paint and paint products are received, delivered to customers, and disposed of when necessary. In this situation Richard was working as the hazmat disposal supervisor, and Bruce was Richard’s only direct report. They worked side-by-side- for a couple of years. One day Bruce approach me (at that time I was just another warehouse employee) about some crude sexual jokes Richard had been making towards him over the course of several months, and how uncomfortable it had made him feel. When has asked my advice on how to handle the situation I suggested he report it to the next level of management. I was told the only reason he hadn’t done that was because he was afraid the company would take no action because of Richard’s age. Nothing was ever reported to management. About a month after this conversation Bruce told me he could not take the harassment any longer and quit. According to mutual acquaintances, Richard still works there today making his jokes. Ethical Issue The main ethical issue in thisShow MoreRelatedLegal or Ethical Issues in the Workplace: The Lecherous Boss3081 Words   |  12 Pagesï » ¿Legal or Ethical Issues in the Workplace: The Lecherous Boss The workplace is a microcosm of society as a whole. Therefore, one has to anticipate that one will encounter legal and ethical issues in the workplace, just as one encounters legal and ethical issues in the world in general. Of course, not all of these problems will be significant, while others will be significant. The difficulty for the employee is determining what ethical and legal issues are critical, which ones are less importantRead MoreThe Effects of Ethical Climates on Bullying Behaviour in the Workplace13824 Words   |  56 PagesJournal of Business Ethics (2009) 86:273–295 DOI 10.1007/s10551-008-9847-4 Ó Springer 2008 The Effects of Ethical Climates on Bullying Behaviour in the Workplace  ¨ Fusun Bulutlar  ¨  ¨ Ela Unler Oz ABSTRACT. Various aspects of the relationship between ethical climate types and organizational commitment have been examined, although a relationship with the concept of bullying, which may be very detrimental to an organization, has not attracted significant attention. This study contributesRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesBalance Work–Life Conflicts 21 †¢ Creating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational Behavior? 4 Myth or Science? â€Å"Most Acts of Workplace Bullying Are Men Attacking Women† 12 An Ethical Choice Can You Learn from Failure? 24 glOBalization! Does National Culture AffectRead MoreHuman Resources Management150900 Words   |  604 PagesIdentify the three different roles of HR management. Discuss the three dimensions associated with HR management as a strategic business contributor. Explain why HR professionals and operating managers must view HR management as an interface. Discuss why ethical issues and professionalism affect HR management as a career field. ââ€"  ââ€"  ââ€"  ââ€"  ââ€"  3 HR TRANSITIONS HR Management Contributes to Organizational Success More effective management of human resources (HR) increasingly is being seen asRead MoreFundamentals of Hrm263904 Words   |  1056 PagesPrinted in the United States of America 10 9 8 7 6 5 4 3 2 1 Brief Contents PA RT 1 Chapter 1 Chapter 2 UNDERSTANDING HRM The Dynamic Environment of HRM 2 Fundamentals of Strategic HRM 28 PART 2 Chapter 3 Chapter 4 THE LEGAL AND ETHICAL CONTEXT OF HRM Equal Employment Opportunity 56 Employee Rights and Discipline 84 PART 3 Chapter 5 Chapter 6 Chapter 7 STAFFING THE ORGANIZATION Human Resource Planning and Job Analysis 110 Recruiting 132 Foundations of Selection 154 PARTRead MoreDeveloping Management Skills404131 Words   |  1617 PagesSensitive Line 58 Understanding and Appreciating Individual Differences Important Areas of Self-Awareness 61 Emotional Intelligence 62 Values 65 Ethical Decision Making and Values 72 Cognitive Style 74 Attitudes Toward Change 76 Core Self-Evaluation 79 SKILL ANALYSIS 84 Cases Involving Self-Awareness 84 Communist Prison Camp 84 Computerized Exam 85 Decision Dilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial Characteristics

Global Recession on Moroccos Economy - 2974 Words

TOPIC a) Analyse the effects of the global recession on Morocco’s economy. b) Discuss what action Morocco has taken to reduce the adverse effects of the downturn c) In your view, does the downturn offer any positive opportunities for Morocco? Table of contents Introduction 4 1. The effects of the global recession on Morocco’s economy 5 1-1 The impact of the international financial crisis on Moroccan financial economy 5 1-2 - The Moroccan economy facing crisis 6 2. Actions taken to reduce the adverse effects of the downturn by Morocco 7 3. Does the downturn offer any positive opportunities for Morocco? 9 Conclusion 11 References 12 Introduction The international financial crisis has largely been†¦show more content†¦Some foreign investors in the place could liquidate their position if they are affected by the crisis. But none of this has been reached, said the director of Project Financing in BMCE Abdellatif Nasserdine. The only impacts that the crisis could have on the place of Casablanca are psychological. The mistrust that has plagued the world in relation to real estate assets could be extended to Moroccan operators. Several reasons explain the remoteness of the international crisis in the Moroccan stock exchange Moreover, the Moroccan banking system is composed of mainly Moroccan-owned banks (BMCE, BCP, Attijariwafa Bank) which control 70% of Moroccos banking market, and majority foreign-owned banks (SGMB, Credit Du Maroc, BMCI) that share 30% of the Moroccan banking market. Recall that BNP Paribas owns 63% capital in BMCI, Societe Generale control with 51% of the SGMB and Credit Lyonnais has majority in Crà ©dit du Maroc with 52% of capital. Yet according to the financial press, many French banks are affected by the crisis: - The Societe Generale has not yet digested the loss of 5 billion of EURO attributed to its trader. Its shares have lost 50% of their value. - The Crà ©dit Agricole difficulties through its Calyon business bank wich will cut 500 jobs. In Morocco, the economy is rather well behaved throughout the years 2008 and 2009, the greater control

Case Study on Nike (Marketing) - 1526 Words

OVERVIEW OF THE CASE Nike is a major publicly traded sportswear, footwear and equipment supplier based in the US which was founded in 1962 originally known as Blue Ribbon Sports. Nike is the world leader in the manufacturing of sportswear and gear with more than 47 market shares across the global. Nike produces a wide range of sports equipment such as running shoes, sportswear, football, basketball, tennis, golf, etc. Now Nike follows the global fashion trends and is well known and popular in the youth culture and hip hop culture to supply some fashion products. Nike recently teams up with Apple Company to produce the Nike+ products which can monitor a runner s performance through a radio in the shoe that can link to the iPods. Besides†¦show more content†¦They have Nike performance focusing on athletes, Nike active which includes â€Å"gym to street† wear, and Nike Fusion stylish clothing made of high performance fabrics etc†¦ With regards with the company itself, they have good mar keting. Nike has online stores where people can buy or browse for new designs etc†¦They market their product as high-performance products designed with high-technology features. Lastly, another strength is their strong management style and culture. Their founder created a strong culture based on loyalty and camaraderie, he trusts these employees to â€Å"Just Do It†. They continue to follow their founder’s philosophy which is Play by the rules, but be ferocious†¦It’s all right to be Goliath, but always act like David. Weaknesses Nike’s main weakness is their lack of focus on one main product. This is because of Nike’s commitment on having diversified products for athletes, meaning having too many different products available to sell to their customers. Due to this, they tend to have divided attention on each product line. Although having many different products might be advantageous (increased sales, additional market penetration, fall back in case one product fails), Nike should also consider the time amp; resources spent in maintaining each product. Another weakness that we could identify, although not as great as the first, would be Nike’s pricing strategy.Show MoreRelatedMarketing Management - Nike Case Study6867 Words   |  28 PagesMarketing Plan for NIKE MM 522 – Keller Gratudate School of Management ExecutiveRead MoreNike Markeing1333 Words   |  6 PagesProgramme: Business Management Module 1: Marketing Assignment [pic] Date for Submission: 15th September 2010 To achieve a pass in this unit the learner must: LO1: Investigate the concept and process of marketing LO2: Explore the concepts of segmentation, targeting and positioning LO3: Identify and analyse the individual elements of the extended marketing mix LO4: Apply the extended marketing mix to different marketing segments and contexts Context TheRead MoreThe Case of Nike1035 Words   |  5 PagesWEEK 1 – CASE STUDY: THE KEY MARKETING STRATEGY OF NIKE Nike is considered to be a leading athletic footwear manufacturer, which makes up over 30 percent and 50 percent of global and US market share respectively. In order to reach customers’ demands and get profits, Nike has executed/implemented a number of marketing strategies. This essay will examine Nike’s key strategies from1962 to 2009. The most essential marketing strategy called â€Å"Pyramid of influence† was expressed by Product, Place andRead MorePsychology of Business - Nike She Runs1414 Words   |  6 Pagesrelevant case/problem, account for and discuss how a psychological perspective can qualify those.† Hand in date: 8th May 2014 Julie Ingemann Jensen 3 Pages Copenhagen Business School 2014 Nike currently stands as a dominant leader in the global athletic retail industry. Particularly amongst females Nike is seen as a popular choice for apparel yet has had trouble solidifying itself as a top choice for footwear, with competitor ASICS seen as the preferred running shoe choice. Nike recognisedRead MoreThe Key Insight That Helped Nike Develop Holistic Marketing Strategy? Essay842 Words   |  4 PagesCase Study Questions: 1 What was the key insight that helped Nike develop a holistic marketing strategy? Before the Internet era, Nike had already established itself. It had done well though TV ads and celebrities getting on board like Bo Jackson. However, when the new era came, it changed everything for Nike. They needed to be able to change with the new era. If millions of people use Facebook, IG, and Twitter, Nike needed to expose themselves in those areas as well. Therefore, they became moreRead MoreCase Study - Nike: Spreading Out to Stay Together1343 Words   |  6 PagesCase Study: Amazon: Nike: Spreading Out to Stay Together Nike, Inc. is an American  multinational corporation  that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. The company is headquartered near  Beaverton, Oregon, in the  Portland metropolitan area. It is the world s leading supplier of  athletic shoes  and  apparel  and a major manufacturer of  sports equipment, with revenue in excess of US$24.1  billion in its fiscalRead MoreRunning Head: Ambush Marketing Case Study1020 Words   |  5 PagesAMBUSH MARKETING CASE STUDY 1 AMBUSH MARKETING CASE STUDY 4 Ambush Marketing Case Study Hieu Le Columbia Southern University Ambush Marketing Case Study In the Successfully leveraging high-profile events to raise brand profile, Datamonitor (2010) demonstrate the identity of Ambush Marketing, which reflects that Bavaria Beer implemented this marketing tacticsRead MoreNike Inc. : The World s Leading Athletic Footwear, Apparel And Equipment Company894 Words   |  4 Pages Nike Inc. is the world’s leading athletic footwear, apparel and equipment company. Nike’s mission statement, â€Å"bring inspiration and innovation to every athlete in the world. If you have a body, you are an athlete† (Nike, 2016). Nike’s mission statement relates to every human on this earth regardless of size or shape. The two goals of Nike Inc. are to serve and inspire the athlete and to reach a large audience (Nike CR Report, 2014). Nike has done an incredible job meeting these two goals becauseRead MoreNike Case Study Essay856 Words   |  4 PagesNike Case Study 1.) List the various macro-environmental factors that influence Nike’s strategy. Which seem most pertinent? The macro-environmental factors that influence Nike’s strategy include culture, demographics, social issues, technological advances, economic situation, and political and regulatory environment.    Culture is the shared meanings, beliefs, morals, values and customs of a group of people. In America, Nike has become an industry leader that influences our culturalRead MoreNike Feedback and Evaluation Strategies693 Words   |  3 PagesNike Feedback and Evaluation Strategies Figure 1 - Nike Sports Performance Laboratory (Nelab, 2012) Nike is the worlds largest sports and fitness companies, earning fourteen billion dollars in revenue and has one of the worlds most identifiable logos the swoosh (Financial Review, N.d.). Research and development is conducted by the Nike Sports Research Laboratory (NSRL) and is located on the Nike campus in Portland, Oregon. At this facility, Nike engineers study all facets of athletes and their

The Controversy Of Truman Roosevelt And The Atomic Bomb On...

There have been many controversies in world history. Like if the Soviets instigated the six day war to destroy Israel s nuclear power plants or if the South Koreans provoked the North Koreans to invade them to spark the Korean War. Maybe the biggest controversy of all time was if President Truman was actually justified in dropping the atomic bomb on Japan. President Franklin Delano Roosevelt was the president from the beginning of World War Two and had to deal with a lot of the war. Shortly after the Pearl Harbor attacks Japan came at the United States with everything they had, attempting to cripple us once and for all. What they didn’t know was that, even though the United States were vastly outnumbered, they had also deployed everything they had, aircraft carriers, planes and battle ships. This was known as the Battle of Midway and after four days of fighting, the U.S. were able to cripple the Japanese well enough that they retreated. The United States destroyed four carrier s, a heavy cruiser and more than 200 planes (Poolos). After this battle the U.S. had been taking different islands and been setting up command bases on them, which was called, island hopping. In the Pacific The United States had just taken the perfect island that would allow us to have good positioning to lead an attack on Japan. The United States had the Japanese pinned down. Franklin Delano Roosevelt health got so bad during his presidency on April 12th, 1945 he died. Immediately his vice presidentShow MoreRelatedPresident Truman And The Dropping Of The Atomic Bomb1280 Words   |  6 PagesPresident Harry Truman and the dropping of the atomic bomb, many speculators say that it was a great way to resolve the war with Japan while others contradict the action. Through time and preparation, President Truman’s courageous decision was an answer to end a crisis and by far one of the best problem solving solutions in American history. President Truman’s bravery in dropping the atomic bomb is and always will be one of the most significant events in American history. At the time of Truman coming intoRead MoreDuring The Early 1940’S Atomic Science Had Just Began To1247 Words   |  5 PagesDuring the early 1940’s atomic science had just began to mature. Many people were exploring the powerful mystery of the atom. Two of those people were Eugene Booth and John Dunning, who, in 1941, synthesized uranium-235. Immense scientific growth followed their contribution, since it allowed for nuclear fission (Griffith). In the years following this discovery, nuclear science took a turn. Once only used as a constructive power source, atoms began being explored for their destructive power. In 1942Read MoreWhy the United States Dropped the Atomic Bomb: Persuasive Essay1259 Words   |  6 PagesThe atomic bomb is the subject of much controversy. Since its first detonation in 1945, the entire world has heard t he aftershocks of that blast. Issues concerning Nuclear Weapons sparked the Cold War. We also have the atomic bomb to thank for our relative peace in this time due to the fear of Mutually Assured Destruction (MAD). The effects of the atomic bomb might not have been the exact effects that the United States was looking for when they dropped Little Boy and Fat Man on Hiroshima and NagasakiRead More The Atomic Age1290 Words   |  6 PagesThe Atomic Age The Atomic Age, composed of complex and controversial issues, has forever changed our world and the way in which we live. * What were the factors leading to the dropping of the atomic bomb? The answer to this question considers events dealing with atomic energy, the Manhatten Project, and controversial issues about when, where, how, and if the bomb should have been used. There are several events prior to the 1940s that led to the making of the bomb, but the majority of eventsRead MoreThe Modern Language Association s Guidelines1634 Words   |  7 Pages Atomic Bomb Research Paper Following the Modern Language Association s Guidelines Hamza Abidi South Brunswick High School Throughout World War II, problems that were faced by each country revolved around the idea of making the right decision. To attempt at making the right decisions, treaties were made between two or more countries that listed certain terms and conditions. However, when these treaties were violated, it made the situations between countries even worse than theyRead MoreNuclear Weapons And The World War II1145 Words   |  5 Pagesto create effective nuclear weapons. Subsequently, the major application of nuclear weapons emerged when the US dropped two atomic bombs at Hiroshima and Nagasaki in Japan. Whereas President Truman mainly sought to protect Americans from further deaths by launching atomic bombs in Hiroshima and Nagasaki, the USSR posed a different question. Did Truman consciously drop the bombs to intimidate the USSR? Therefore, the Soviet Union interpreted the use of these nuclear weapons as an anti-Soviet move. ThisRead MoreWhat Was The Decisive Factor For The Atomic Bombings Of Hiroshima And Nagasaki? Essay2086 Words   |  9 Pages What was the decisive factor that lead to the atomic bombings of Hiroshima and Nagasaki? Song Soo Keun 004180-0205 UWCSEA East Section A: Plan of Investigation Between 1941~1945, along with the war against the Nazis in Europe, the US was engaged in active war against Japan following the attack on Pearl Harbour. At this time(1944), Soviets had survived the attack on the eastern front and remained standing as a power that would soon directly oppose the ideologies ofRead MoreIn 1945 Germany Surrendered, Leaving Only The Japanese1430 Words   |  6 PagesUnited States and Japan were fighting a fierce war on the Japanese islands, and thousands were dying on both sides. On August 6, 1945, the United States dropped the first atomic bomb on Hiroshima, and three days later, on August 9th, they dropped the second atomic bomb on Nagasaki. The world was in shock. No one had ever seen a weapon with this destructive force, and its use was not called into question until a year later when the public received the first accounts of the damage the bomb had caused.Read MoreWhy The Destruction Of Japan1693 Words   |  7 Pages Brittney Herrera Professor Smith History 118 06 December 2014 Why the Destruction of Japan, Through the Use of the Atom Bomb, Was Unnecessary Much controversy comes to mind when thinking about the events of World War II. Maybe one of the most controversial topics surrounding World War II is that of the dropping of the atomic bombs on Hiroshima, and Nagasaki, Japan. Many historians and scholars have spent much time researching this topic and, through the examination of numerous records and manuscriptsRead MoreWas Bombing Hiroshima and Nagasaki Necessary to End World War 2?1650 Words   |  7 PagesInvestigation During the time period when Franklin D. Roosevelt was in office, it was during WWII. Japan attacked the U.S. on Dec. 7, 1941 and was known as Pearl Harbor. When that happened, Roosevelt did not hesitate to ask Congress to officially declare war on Japan. During the war, there was a proposal of an atomic bomb landing over Hiroshima and Nagasaki to finalize the war. To this day there is still controversy that if that atomic bomb was actually necessary to end the war, because of the number

Ethical Dilemmas †Abortion Free Essays

In our society, there are many ethical dilemmas that we are faced with that are virtually impossible to solve. One of the most difficult and controversial issues that we are faced with is abortion. There are many strong arguments both for and against the right to have an abortion which are so complicated that it becomes impossible to resolve. We will write a custom essay sample on Ethical Dilemmas – Abortion or any similar topic only for you Order Now The complexity of this issue lies in the different aspects of the argument. The essence of a person, rights, and who is entitled to these rights, are a few of the many aspects which are very difficult to define. There are also issues of what circumstances would justify abortion. Because the issue of abortion is virtually impossible to solve, all one can hope to do is understand the different aspects of the argument so that if he or she is faced with that issue in their own lives, they would be able to make educated and thoughtful decisions in dealing with it. The definition of a person is an aspect of the abortion issue which raises some very difficult questions. Is an unborn baby a person When does the unborn baby become a person This is a difficult question because in order for one to answer it, he must define the essence of a person. When describing the essence of something, one needs to escribe the necessary and sufficient conditions of that thing. So how does one define the essence of a person Kant describes a person as a rational being. Some people define the essence of a person from more of a biological standpoint. Nevertheless, defining the essence of a person is a very difficult thing for a group of people to agree on. One own definition of a person would most likely greatly impact his opinion on whether abortion is morally justified or not. This becomes even more complicated when one takes into account potentiality. This raises the question of whether the fetus is an actual person r a potential person. Many would argue that a fetus is a potential person because it is has the potential to become what it is not yet. However, does a potential person have potential rights An example was used: does a potential doctor have the rights of a licensed doctor When one is describing potentiality, All he is really describing is what that thing is not. By declaring that a fetus is a potential person, one is also stating that a fetus is not a person. As one can see, this issue of the essence of a person and whether a fetus is a person is a very complicated one. This becomes seven more omplicated if one takes into account the issue of rights. Now, the concept of human rights, that is to say, what American society dictates as human rights, conflicts heavily with itself. On one hand, we form a deep and heavy opinion on one s right to life. On the other, we hold an equally strong opinion on one s freedom to live that life as they please. American society by and large has a firm belief in an individuals right to live. Therefore, if one comes to the conclusion that a fetus actually is a person, then that fetus should receive the protection to it s right to live, as much as you or I. This society also olds the firm belief in one s right to the sovereignty of his or her own body, equal to that of one s right to live. In this case, it is imperative that we understand what liberties we can and cannot take upon ourselves concerning our lives. Case in point, suicide. Society dictates what we are allowed to do, and how we are allowed to live, by law. Most of American laws are written to preserve one s rights to individuality, and one s right to take the liberty to live their lives as they see fit. However, laws are also written to undermine those who s actions compromise the liberties and freedoms of ther individuals, thus protecting the concepts and ideals of agency and liberty. Based on our society s laws, essentially, we believe that what you do to yourself is your choice, and is accepted by law, so long as it doesn stop or impede the lives and freedoms of others. The difficulty in this dilemma lies within the question of whether an abortion falls into a category of protection of a woman s right s over the sovereignty of her own body, or whether it falls into a different category of an action which is not permissible because, according to some people, the fetus is a person whose life and freedom is being ompromised. The question of rights is further complicated by the different circumstances where the abortion issue could be raised. Many people would argue that abortion should not be used as birth control or as a means to deal with the consequences of promiscuous sex. However, how does one address the abortion issue in the circumstance of rape or incest Many say that in these circumstances, abortion is justified. The confusing thing is that the outcome is the same in both circumstances. The fetus is being denied its right to live and grow to its potential as a human being. Where does one draw the line What about case where there is medical complications For example: a woman becomes pregnant and goes to the doctor for an examination. During the doctor visit, various tests are run and it is discovered that the baby will be born severely deformed and that its quality of life would be extremely substandard. If the woman were to have an abortion, would it be justified What about a situation where a woman becomes pregnant and she does to the doctor and is told that the baby is deformed and the birth would most likely kill the mother. The argument justifying abortion in this case goes back to the right to physical sovereignty ver one s own body. A person has the freedom to do what he or she wants to concerning their own body as long as it does not harm or compromise the freedom of another, except in self defense. Therefore, in the case of the mother who would most likely die in childbirth, an abortion could be justified because she is acting in self defense. And in the case of rape, many argue that an abortion is also justified because the woman s right to not conceive has been violated, therefore she should not be responsible for the consequences which came through no fault of her own. As on can see, the issue of abortion is on e that is xtremely complicated. The problem being that many of the ethical dilemmas involved in the abortion issue are so closely intertwined that they are difficult to distinguish from one another. There are some aspects of the issue that would convince most people that abortion is justified, however when those aspects are combined with other intertwining aspects and imperatives, justification oftentimes becomes impossible. In conclusion, the issue of abortion is so complicated and controversial that it is unlikely that a consensus could be reached by American society. There are too many aspects of he issue which peoples views vary to widely. Some of these issues could be things such as the definition of a person, is the fetus a person, and if so when does it officially become a person. There is also the issue of rights. Do the rights of a person outweigh the rights of a non person. Does the right of a mother s sovereignty over her body outweigh the right of an unborn child to live. The answers to these questions are very diverse as a result of the diversity of the American society. With the issue of abortion, one s attitude toward it is going to be based on many things such as religious background and ersonal morals. There is no black and white answer to the abortion issue. Luckily we live in a country where we are able to decide for ourselves whether something is morally right or wrong. Thus, ultimately, the choice is ours. As with the many other ethical issues which we are faced with in our society, it is hard to come to a concrete answer until we are personally faced with that issue. All we can do is make an effort to know all of the aspects which are involved so that we may be able to make a sound decision if we were faced with this problem in our own lives. How to cite Ethical Dilemmas – Abortion, Essay examples

Earthquakes Essay Example For Students

Earthquakes Essay Earthquakes have plagued our lives for as long as people have inhabitedthe earth. These dangerous acts of the earth have been the cause of many deathsin the past century. So what can be done about these violent eruptions that takeplace nearly with out warning? Predicting an earthquake until now has almostbeen technologically impossible. With improvements in technology, lives havebeen saved and many more will. All that remains is to research what takes placebefore, during, and after an earthquake. This has been done for years to thepoint now that a successful earthquake prediction was made and was accurate. This paper will discuss a little about earthquakes in general and then about howpredictions are made. Earthquake, vibrations produced in the earths crust when rocks inwhich elastic strain has been building up suddenly rupture, and thenrebound.(Associated Press 1993) The vibrations can range from barely noticeableto catastrophically destructive. Six kinds of shock waves are generated in theprocess. Two are classified as body wavesthat is, they travel through theearths interiorand the other four are surface waves. The waves are furtherdifferentiated by the kinds of motions they impart to rock particles. Primary orcompressional waves (P waves) send particles oscillating back and forth in thesame direction as the waves are traveling, whereas secondary or transverse shearwaves (S waves) impart vibrations perpendicular to their direction of travel. Pwaves always travel at higher velocities than S waves, so whenever an earthquakeoccurs, P waves are the first to arrive and to be recorded at geophysicalresearch stations worldwide.(Associated Press 1993)Earthquake waves were observed in this a nd other ways for centuries, butmore scientific theories as to the causes of quakes were not proposed untilmodern times. One such concept was advanced in 1859 by the Irish engineer RobertMallet. Perhaps drawing on his knowledge of the strength and behavior ofconstruction materials subjected to strain, Mallet proposed that earthquakesoccurred either by sudden flexure and constraint of the elastic materialsforming a portion of the earths crust or by their giving way and becomingfractured.(Butler 1995)Later, in the 1870s, the English geologist John Milne devised aforerunner of todays earthquake-recording device, or seismograph. A simplependulum and needle suspended above a smoked-glass plate, it was the firstinstrument to allow discrimination of primary and secondary earthquake waves. The modern seismograph was invented in the early 20th century by the Russianseismologist Prince Boris Golitzyn. His device, using a magnetic pendulumsuspended between the poles of an electromagnet, ushered in the modern era ofearthquake research. (Nagorka 1989)The ultimate cause of tectonic quakes is stresses set up by movementsof the dozen or so major and minor plates that make up the earthscrust.(Monastersky Oct, 95) Most tectonic quakes occur at the boundaries ofthese plates, in zones where one plate slides past anotheras at the San AndreasFault in California, North Americas most quake-prone areaor is subducted(slides beneath the other plate). Subduction-zone quakes account for nearlyhalf of the worlds destructive seismic events and 75 percent of the earthsseismic energy. They are concentrated along the so-called Ring of Fire, a narrowband about 38,600 km (about 24,000 mi) long, that coincides with the margins ofthe Pacific Ocean. The points at which crustal rupture occurs in such quakestend to be far below the earths surface, at depths of up to 645 km (400 mi). (Monastersky Dec, 95) Alaskas disastrous Good Friday earthquake of 1964 is anexample of such an event. .uc5560826effc1e75676aa98632dcf73c , .uc5560826effc1e75676aa98632dcf73c .postImageUrl , .uc5560826effc1e75676aa98632dcf73c .centered-text-area { min-height: 80px; position: relative; } .uc5560826effc1e75676aa98632dcf73c , .uc5560826effc1e75676aa98632dcf73c:hover , .uc5560826effc1e75676aa98632dcf73c:visited , .uc5560826effc1e75676aa98632dcf73c:active { border:0!important; } .uc5560826effc1e75676aa98632dcf73c .clearfix:after { content: ""; display: table; clear: both; } .uc5560826effc1e75676aa98632dcf73c { 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; } .uc5560826effc1e75676aa98632dcf73c:active , .uc5560826effc1e75676aa98632dcf73c:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc5560826effc1e75676aa98632dcf73c .centered-text-area { width: 100%; position: relative ; } .uc5560826effc1e75676aa98632dcf73c .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc5560826effc1e75676aa98632dcf73c .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc5560826effc1e75676aa98632dcf73c .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; } .uc5560826effc1e75676aa98632dcf73c:hover .ctaButton { background-color: #34495E!important; } .uc5560826effc1e75676aa98632dcf73c .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc5560826effc1e75676aa98632dcf73c .uc5560826effc1e75676aa98632dcf73c-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc5560826effc1e75676aa98632dcf73c:after { content: ""; display: block; clear: both; } READ: Essays: In Cold Blood as Literary Journalism Cold EssaySeismologists have devised two scales of measurement to enable them todescribe earthquakes quantitatively. One is the Richter scale named after theAmerican seismologist Charles Francis Richterwhich measures the energy releasedat the focus of a quake. It is a logarithmic scale that runs from 1 to 9; amagnitude 7 quake is 10 times more powerful than a magnitude 6 quake, 100 timesmore powerful than a magnitude 5 quake, 1000 times more powerful than amagnitude 4 quake, and so on.(Associated Press 1992)The other scale, introduced at the turn of the 20th century by theItalian seismologist Giuseppe Mercalli, measures the inte nsity of shaking withgradations from I to XII. (Associated Press 1992) Because seismic surfaceeffects diminish with distance from the focus of the quake, the Mercalli ratingassigned to the quake depends on the site of the measurement. Intensity I onthis scale is defined as an event felt by very few people, whereas intensity XIIis assigned to a catastrophic event that causes total destruction. Events ofintensities II to III are roughly equivalent to quakes of magnitude 3 to 4 onthe Richter scale, and XI to XII on the Mercalli scale can be correlated withmagnitudes 8 to 9 on the Richter scale.( Associated Press 1992)Attempts at predicting when and where earthquakes will occur have metwith some success in recent years. At present, China, Japan, Russia, and the U.S. are the countries most actively supporting such research. In 1975 the Chinesepredicted the magnitude 7.3 quake at Haicheng, evacuating 90,000 residents onlytwo days before the quake destroyed or damaged 90 percent of the citysbuildings. One of the clues that led to this prediction was a chain of low-magnitude tremors, called foreshocks, that had begun about five years earlier inthe area. (Day 1988) Other potential clues being investigated are tilting orbulging of the land surface and changes in the earths magnetic field, in thewater levels of wells, and even in animal behavior. A new method under study inthe U.S. involves measuring the buildup of stress in the crust of the earth. Onthe basis of such measurements the U.S. Geological Survey, in April 1985,predicted that an earthquake of magnitude 5.5 to 6 would occur on the SanAndreas fault, near Parkfield, California, sometime before 1993.(Day 1988) Manyunofficial predictions of earthquakes have also been made. In 1990 a zoologist,Dr. Iben Browning, warned that a major quake would occur along the New Madridfault before the end of the year. Like most predictions of this type, it provedto be wrong. Groundwater has also played an important part in earthquakepredictions. A peak in radon in the groundwater at Kobe, Japan 9 days before the7.2 earthquake cause quite a stir. Radon levels peaked 9 days before the quake,then fell below the normal levels 5 days before it hit.(Monastersky July, 95)In North America, the series of earthquakes that struck southeasternMissouri in 1811-12 were probably the most powerful experienced in the UnitedStates in historical time. The most famous U.S. earthquake, however, was the onethat shook the San Francisco area in 1906, causing extensive damage and takingabout 700 lives.(Nagorka 1989)The whole idea behind earthquake predicting is to save lives. With theimprovement in technology, lives have been saved. New ideas and equipment isstarting to prove to be very helpful in predicting were a nd when an earthquakewill strike. The time and research put into earthquake predicting has alreadystarted to pay off. It is only a matter of time before earthquakes will nolonger be a threat to us. BibliographyAssociated Press 1992, The Big One: Recent Tremors May Be a `Final Warning';SIRS 1993 Earth Science, Article 12, Aug. 30, 1992, pg. J1+. .u1ad39768fe00075b7c92d2ea3a389b50 , .u1ad39768fe00075b7c92d2ea3a389b50 .postImageUrl , .u1ad39768fe00075b7c92d2ea3a389b50 .centered-text-area { min-height: 80px; position: relative; } .u1ad39768fe00075b7c92d2ea3a389b50 , .u1ad39768fe00075b7c92d2ea3a389b50:hover , .u1ad39768fe00075b7c92d2ea3a389b50:visited , .u1ad39768fe00075b7c92d2ea3a389b50:active { border:0!important; } .u1ad39768fe00075b7c92d2ea3a389b50 .clearfix:after { content: ""; display: table; clear: both; } .u1ad39768fe00075b7c92d2ea3a389b50 { 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; } .u1ad39768fe00075b7c92d2ea3a389b50:active , .u1ad39768fe00075b7c92d2ea3a389b50:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1ad39768fe00075b7c92d2ea3a389b50 .centered-text-area { width: 100%; position: relative ; } .u1ad39768fe00075b7c92d2ea3a389b50 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1ad39768fe00075b7c92d2ea3a389b50 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1ad39768fe00075b7c92d2ea3a389b50 .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; } .u1ad39768fe00075b7c92d2ea3a389b50:hover .ctaButton { background-color: #34495E!important; } .u1ad39768fe00075b7c92d2ea3a389b50 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1ad39768fe00075b7c92d2ea3a389b50 .u1ad39768fe00075b7c92d2ea3a389b50-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1ad39768fe00075b7c92d2ea3a389b50:after { content: ""; display: block; clear: both; } READ: Hairball EssayAssociated Press 1993, Predicting the Effects of Large Earthquakes; SIRS 1994Applied Science, Article 17, Sept./Oct. 1993, pg. 7-17. Butler, Steven 1995, Killer Quake; SIRS 1995 Earth Science, Article 47, Jan. 30, 1995, pg. 38-44. Day, Lucille, 1988, Predicting The Big One; SIRS 1989 Earth Science, Article 5,Summer 1988, pg. 34-41. Monastersky, R. 1995, Electric Signals May Herald Earthquakes; Science News, v. 148, Oct. 21 ,1995, pg. 260-1. Monastersky, R. 1995, Quiet Hints Preceded Kobe Earthquake; Science News, v. 148, July 15, 1995, pg. 37. Monastersky, R. 1995, Radio Hints Precede a Small U.S. Quake; Science News, v. 148, Dec. 23;30, 1995, pg. 431. Nagorka, Jennifer 1989, Earthquakes: Predicting Where Is EasyIts WhenThats Tough; SIRS 1990 Earth Science, Article 26, Oct.29, 1989, pg. E1-2. Category: Science

Auditing Theory and Practice Global Population Reaching

Question: Describe about the Auditing Theory and Practice for Global Population Reaching. Answer: Introduction Due to the reason of global population reaching high, the basic quest for food is going to be obvious and to meet the requirement of the people so far food is concerned, the world should be equipped with the recyclable resources of foods, at the same time the producer should look for the proper alternative which can make the world free of pollution from the process of production. The bio sustainable products are to be prioritised for the use of manure or feeds. The fish feeds are, therefore, being highly appreciated when it is made of earthly ingredients. The people who are habituated with non-vegetarian foods normally look for fishes and other meats. Bio Sustainable Feeds Ltd is engaged in the fish feed with their experienced research and subsequent development for which they are reckoned with. This article will emphasize on different aspects of audit in the company with finding out the system through which the company maintains its financial accounting. There are different factors which are obvious for conducting an audit and the same process will be followed while the audit assignment is to be executed(Chung, 2016). This company is listed in ASX and as a mandatory compliance; the company has to get their financial accounting audited every year. For doing the audit an external audit firm is to be deployed who will verify and conclude about the overall financial accounting to infer about the accurateness of the financial accounting standard of the company. In the following discussion we will highlight the issues related to audit assignment with proper steps with the conducting of audit, assessment of audit risk, concentrate of critical areas, etc which are appended below(EWOS, 2012). Steps for auditing There are certain steps for conducting audit by a professional audit firm of any company which is listed in ASX. BSF Ltd. is such a company who are listed in the ASX. So the stakeholders are willing to know the result of the audit to be conducted. In broad spectrum there are six steps to be followed for audit purpose. They are as follows:- Required Documents The list of required documents is to be filed to the client with a proper notification for the forthcoming audit which is found by the auditor in the checklist. These documents may consist of the historical audit report, the bank statements of the company along with receipts and general ledger. Along with those, the auditor may ask for the organizational tree of the organization and the copies of board and committee minutes of the meetings and the constitutions consisting of bylaws and standing rules(Penn, 2016). Preparation of audit plan The planning of audit is done with the information found in the documents and then the plan of audit is being chalked out to identify the way of conducting the audit. The derivation of auditory risk is to be emphasized with the experts for identification of probable grey areas. After then the audit plan is finalised for conducting the same. Convening a meeting The auditor has to sit with the top management and the key personnel of the company for exploring the scope of audit which is to be projected by the auditor for the purpose of making them aware about the same. This meeting will mainly emphasize on the time limit of the completion of the audit, the objective of the audit, and the cooperation of the departmental heads are sought for to make the departmental staffs aware of the audit with some interviews to be conducted by the auditor with the respective staffs(Gupta, 2006). Fieldwork of audit After gathering the information from the meeting, the auditor will finalize the audit plan. The audit plan will be transparently communicated to the staff of the audit team as well as to the staff members of the company for making the review of process and procedure of the audit. Main emphasis will be given on the issues of compliance of the working process and subsequent procedures along with the evaluation of internal control to find them in place with adequacy. The course of audit will raise certain issues which are to be highlighted for the quest of the response from the management. Preparation of a draft audit report The head of audit will make a report which will consist of the observations of the audit. The report should include the calculation error or omission, problems related to posting, execution of authorized payments not made, and other disorders along with other concerns found in the course of audit. This draft report will lead to a final report which will schedule the findings with the basic irregularities found during the course of audit with subsequent advice for recommending solutions of the problems(Gupta, 2006). Close meeting with the management The final meeting will be between the top level management and the auditor in which the management is responsible for clarifying the noted discrepancies with the notation of agreeing or disagreeing with the issues. This will lead to probable remedial measures to be undertaken by the management in due course of time for getting rid of these discrepancies with setting up of proper time frame. This meeting is vital as this will lead to future course of action with the resolution of keeping track of the problems found in the course of audit with subsequent follow up for remedies to be placed. Audit Risk detection and judgment The activities of audit face three types of risks which are known as inherent risk, control risk and detection risk. In the following, we will discuss them with the implication of hypothetical risk allotment under three different head for BSF Ltd. to justify the acceptance of this audit assignment by the auditor(Unifr, 2016). Inherent Risk Inherent stands for some feature which is already there. In case of inherent risk in audit, it is raised from the misstatement of object which is found in the financial statements. This risk is generated from the mistakes happened due to the action of omission or errors which is basically happen due to non-practice or failure of proper control, mainly internal. The detection of inherent risk and subsequent action for the audit purpose is the field of high professionalism which is to be made by the leader of the audit team. Inherent audit risk is more in a new company with diversified activities, where the overall control is becoming weak due to unprofessional decentralized handling. On the contrary, in case of old manufacturing unit with the system and process in place reveals low level of inherent risk(Actuateip, 2015). Control Risk Control risk is defined as such risk which arises from material misstatement in the statement of the financial activities of the company this risk is due to the reason of improper practice of controlling measure taken up by the management internally. The internal control system to find out the fraud and error at every layer should be on higher range to mitigate control risk. It is found in the financial statement of the company that the instances of frauds and errors happen due to lack of proper internal control in place. And these elements are responsible for raising the control risk so far audit is concerned(Aicpa, 2006). Detection Risk Detection risk is such risk which cant be tracked by the auditor from material misstatement in the financial statement. This is due to improper assessment of the assignment with improper emphasis is given in improper issues, or not prioritizing the issues with proper statement. In case of given hypothesis, the inherent risk is at 90%, control risk is at 5% and detection risk is at 80%(Unifr, 2016). To calculate the audit risk:- Audit Risk= inherent risk x control risk x detection risk In this case audit risk is derived as ---- 90% x 5% x 80% = 0.036 This derived audit risk seems to be good as it is in lower range. If the auditor is fixing any parameter for the audit risk, they should follow that, otherwise this audit risk should be felt comfortable by the auditors for conducting the audit(Unifr, 2016). Audit Program Following audit program is to be followed by the firm for auditing BSF ltd:- The auditor, after assuming the audit risk at comfortable level, should give the notice to the management of BSF stating the acceptance of the assignment with proposed time limit and the list of documents required. Next step is to make the schedule of the audit which should detail the events with period of audit, details of assigned person as leader and the required variety of resources and documents needed from the company. The plan of audit is next part which is to be made as per the objective and scope of the audit process which is being fixed in the joint meeting between the auditor and management leaving the statutory fields which are to be audited mandatorily by the auditor. The most vital part is the managing of the audit process which is the sole responsibility of the leader. He will find the compliance of the plan and accordingly change the schedule if necessary. It is his prime duty to keep the management posted about the development of the audit process. The submission of the audit report to the process owner and the stakeholders of the company is the ultimate part which closes the audit process. The company management should be aware of the irregularities found and accordingly ensure proper action to get rid of those in future(Mediacongo, 2015). Accounting Journal of BSF related to R D and CSIRO grant: Date Particulars Debit ( in AUD) Credit( in AUD) 10.07.2013 Bank A/c debit 500 million CSIRO grant a/c Credit 500 million grant from CSIRO 14.09.2014 Research a/c debit 170 million Bank A/c Credit 170 million expenses incurred in research 12.10.2014 Fixed Assets a/c debit 40 million Research a/c debit 40 million fixed assets procured for research 25.09.2015 Research a/c debit 160 million Bank A/c Credit 160 million expenses incurred in research 02.02.2016 Research a/c debit 170 million Bank A/c Credit 170 million expenses incurred in research 15.04.2016 Development a/c debit 100 million Bank A/c debit 100 million expenses incurred in development Observation of journal entries related to CSIRO grant and R D expenses are ok with proper following of the conditions. TBL addendum of BSF GPFS The claim of Triple Bottom Line by BSF for ensuring social economical and environmental sustainability is adjudged as positive as they are contributing to the society by their research work for the community and the people, the economic sustainability with the profit generation for the company and the environmental sustainability by using the earthly ingredients in their research to find the eco friendly fish feed which will be treated as the biggest success of the company. Hence this claim may be endorsed by the auditor in favor of the company(Chung, 2016). Exclusive control over patent right of BSF It is normal practice of the patent Act of Australia to confirm two types of patents- standard patent and innovation patent. This patent of BSF falls under the standard patent which covers any product. The claim of BSF to the exclusive patent of the bacteria based feed technology is not justified as they have acquired the patent of the product only with its nomenclature and composition, but not the said technology, as a whole. Hence their claim will not endorsed by the auditor(Sarker et al., 2016). References: Accounting-simplified, 2010. Audit Risk Model Inherent Risk, Control Risk Detection Risk. [Online] Available at: https://accounting-simplified.com/audit/risk-assessment/audit-risk.html [Accessed 20 September 2016]. Actuateip, 2015. Patent Disputes. [Online] Available at: https://actuateip.com.au/patent-disputes/ [Accessed 20 September 2016]. Aicpa, 2006. Audit Risk and Materiality in Conducting an Audit. Effective for audits of financial statements for periods beginning on or after December 15, 2006. Earlier application is permitted; https://www.aicpa.org/Research/Standards/AuditAttest/DownloadableDocuments/AU-00312.pdf, 47(107), pp.1647-62. Asic, 2016. Are you a large or small proprietary company. [Online] Available at: https://asic.gov.au/regulatory-resources/financial-reporting-and-audit/preparers-of-financial-reports/are-you-a-large-or-small-proprietary-company/ [Accessed 17 September 2016]. Chung, E., 2016. Shift to plant-based fish feed could hurt health, environment. [Online] Available at: https://www.cbc.ca/news/technology/aquaculture-feed-1.3262922 [Accessed 14 September 2016]. EWOS, 2012. Fish Foreever. [Online] Available at: https://www.ewos.com/wps/wcm/connect/6e703148-9c92-437a-9ac5-1046fd27d3c0/Spotlight+5.pdf?MOD=AJPERESCONVERT_TO=url [Accessed 13 September 2016]. Gupta, A., 2006. Best Practices in Auditing. [Online] Available at: https://asq.org/quality-progress/2006/05/problem-solving/best-practices-in-auditing.html [Accessed 20 September 2016]. Ipaustralia, 2016. Patent basics. [Online] Available at: https://www.ipaustralia.gov.au/patents/understanding-patents/patent-basics [Accessed 20 September 2016]. Mediacongo, 2015. ToR Audit BSF-IA Final. [Online] Available at: www.mediacongo.net/docs/jobaof/2015/wv_tdr_anglais_20150418.docx [Accessed 17 September 2016]. Penn, S., 2016. Six-Step Audit Process. [Online] Available at: https://smallbusiness.chron.com/sixstep-audit-process-17816.html [Accessed 17 September 2016]. Reimers, C.I., 2010. Sustainability through Profitability: The Triple Bottom Line. DigitalCommons@University of Nebraska, 01 January. pp.1-3. Sarker, P.K., Kapuscinski, A.R., Lanois, A.J. Livesey, E.D., 2016. Towards Sustainable Aquafeeds: Complete Substitution of Fish Oil with Marine Microalga Schizochytrium sp. Improves Growth and Fatty Acid Deposition in Juvenile Nile Tilapia (Oreochromis niloticus); https://journals.plos.org/plosone/article?id=10.1371/journ. PLOS Journal. Unifr, 2016. Risks (Audit Risk Formula). [Online] Available at: https://www.unifr.ch/controlling/assets/files/Noesberger2016/3-audit-risk-formula.pdf [Accessed 20 September 2016].