Organizational Change Essay Example | Topics and Well Written Essays - 250 words - 6

Organizational Change - Essay Example Failure to anchor the changes on corporate culture makes the change process to fail. Organizational culture is very critical to the success of the change process. As a result, when the management fails to incorporate the organization values and believes, they end up failing to implement changes. One of the major success pillars of change is the understanding and spelling out of the impact of the change process on the people (Burke, 2010). This enables the management to engage all the affected personnel. Effective leadership during the change process provides a base for the change process (Burke, 2010). This is because they are able to communicate effectively to the subordinates and act as role model to them. One of the companies that failed to implement change is Avon. The company failed because some leaders were not in support of the process. In addition, the employees were not involved in the change process. Lastly, there were no clear guidelines to implement the change

International student migration to the UK Essay Example for Free

International student migration to the UK Essay Since the policy of UKs government on immigration dramatically changed in 1997, a positive immigration policy was carried out by the UK government, especially towards temporary skilled immigration (Stam.A, 2006). Thus students migration increasingly became representative of this kind of migration. This students migration trend brings various effects to the UK student immigration pattern as well as the entire UK. Therefore, this essay aims to demonstrate the effect of students migration in China and European country, particularly, analyze the major cause of students migration , then compare the different causes in these two typical examples and evaluate the differences in my perspective. The similar significant effect of students migration in China and European country to the UK is the increasing number of students. According to the report from European Union (EU) after 2004, the A8 countries (from Eastern Europe who joined the EU in the largest single expansion since its creation in 1957) had a great number of increasing students inflow of A8 students to the UK annually (see figure 1). In the academic year of 2008/09 there were approximately 17,000 Higher education students who were domiciled in A8 countries. From this data, it is clear draws the conclusion that the annual students migration at A8 countries were increased. Over the long term, the effects of this immigration pause on the size of European community of education more small. In addition, Non-European country still send large students to the UK. Based on the statistics from UK Higher Education Statistics Agency, during the period of 1995 and 2003, overseas students increase in number from 206,000 to just over 300,000. It claims that overseas students represented over 13% of the entire UK Higher Education student population. (Higher Education Statistics Agency, 2005). In part of Non-European countries student migration, the largest contribution comes from Asia (see figure 2). Figure 1 A8 student numbers in Higher Education institutions in England and Wales, 2001/02 2008/09 (Source: Higher Education Statistics Agency, 2010) Figure 2 Nationality of foreign students entering the UK, 2004-2010 ( Source :Home Office, Control of Immigration :Statistics UK, 2010) However, in terms of the situation in China, the major effect of students migration is not only the increased number of students, but also the financial contribution to the UK government and some negative social effect. According to the survey during 2003-2004, the 43,000 international students from China contributed at least 300 million pounds and increased more 30% than the previous year. Furthermore, this trend still gives rise to the social issues. For instance, some wealthier students might has showed off their high level of consumption which may attract the increased robbery and bring the threat to their safety and even undoubtedly arise the crime rate in local community (Wei .S, 2005). From this case of Chinese students migration, it claims that the effects of student migration have both positive and negative sides. In spite of the effects that European country and China caused, the major reason which causes these effects should be pay more attention to analyze. Just as Mr. Willetts spoken at conference of University UK, Without international students, we could not be only poorer economically-we could also be more boring, more insular, and more ignorant of wider world.(BBC News, 2012). On the one hand, economy drive more Chinese students migration to the UK. After the opening-up Chinese economy reforms since 1970s, many Chinese migrants are chasing the better economic development and have significant migration inflows from China. So students migration becomes the main trend to meet requirements as a consequence of rapid development of economy requires more educated talent in work force. Thus,a great number of parents pull and push their children to study in the UK in order to acquire level of English, study at higher academic reputational university. In contrast, the cause in European country is different. The citizens from A8 country in European started to be implement the fewer restriction on their right entering the UK (Gillingham.E, 2010) and it has reflected on the area of students migration. Specifically, as a result of the more simple process of entering the UK, students are highly attractive source of skilled migration without an excess of limitations. Other causes of difference between China and European country involve issue of visa policy. Overview the Non-European country, the major cause of increase students migration is that student visas are not permanent, and they do not need provide a direct legal route to settlement. On the basic data of entering in the UK, 79% not stayed as British residents and another 6% remained as students who not tend to lead settlement (Achato et al.2010). There extension of visa statement can state that application of Tire 4 Student visas are rising up during the period of year from 2001 to 2010 (see figure 3). China is the largest group of students migration to the UK in Non-European country, so there is no doubt that the visa extension in Non-European country also reflects the same situation in China. Moreover, implementing entry procedures in flexible, provide available service lets students gain work experiences in the UK. This also a effective strategy to keep international intellectual stay in the UK (Wei Shen, 2005). In comparison, students who from European country have fewer limitation about visa. For example, the UK council for International Student Affairs clams that if a student from European Economic Area (EEA), the student could be entitled to the UK freely for up to three months without any demonstration about the right of free movement and do not have to register or apply for any documents in order to stay in the UK.(UKCISA) figure 3 Extension of visas, non-EEA students,2001-10 (Source :Home Office, Control of Immigration: Statistics UK, 2009) To summarize, according to the analysis of these two examples, it is not difficult to state all these students migration have similar effects but different causes of migration pattern. Although excessive student migration can cause some social issues, the similar effect of the increasing number of students immigration to the UK still exist in China and European country as the major impact of students migration. However, the different causes of this migration trend contribute as much as their similar effect. In China, students migration to other nation is to fulfill the developing countrys demand of skilled people to facilitate economy. I believe this cause could attract more students study abroad and so that streamling service of visas application to provide more convenience to students migration. While in European country, there are fewer restriction of visa policy and right entering to the UK than China. This can make the policy about students migration in European country change more to promote the development of it. Therefore, I argue that different causes about students migration in China and European country still cause similar result, and it will be profound to migration pattern in the future. List of References Achato, et al. (2010) The Migration Journey. Home Office Research Report 43.London: Home Office BBC News.(2012,September 13).Overseas students: Change to UK migration figures planned. Available at: http://www.bbc.co.uk/news/education-19579923 Blinder,S.(2011,December). Non-European Student Migration to the UK, The migration observatory, 1st Revision (Next update:12/12/2012). Available at: http://migrationobservatory.ox.ac.uk/briefings/non-european-student-migration-uk Findlay,A.M.and Stam,A.(2006, March 16).International student migration to the UK:Training for the global economy or simply another form of Global talent recruitment? Institute for the Study of International Migration. Available at: http://www12.georgetown.edu/sfs/isim/Event%20Documents/Sloan%20Global%20Competition%20Meeting/Findlay-UK.pdf Gillingham,E. (2010, November). Understanding A8 migration to the UK since Accession, Office for National Statistics. Available at: www.ons.gov.uk/ons/rel/migration1/migration-statistics-quarterly-report/novem ber-2010/understanding-a8-migration-to-the-uk-since-accession.pdf Higher Education Statistics Agency (2005). Students in Higher Education Institutions 2003/4.(also 1994/5-present) The Higher Education Academy (2007). The internalization of UK Higher Education: a review of selected material. Available at: http://www.heacademy.ac.uk/resources/detail/the_internationalisation_of_uk_he UK council for International Student Affairs(no date). EEA and Swiss students. Available at: http://www.ukcisa.org.uk/student/eea.php#register Wei Shen (2005). A study on Chinese student migration, Asia Europe Journal, 3(3). Available at: http://www.springerlink.com/content/q8988416j37t6144/

Slavery and the Life of Harriet Jacobs Essay -- Slavery Essays

Slavery and the Life of Harriet Jacobs It is well known that slavery was a horrible event in the history of the United States. However, what isn't as well known is the actual severity of slavery. The experiences of slave women presented by Angela Davis and the theories of black women presented by Patricia Hill Collins are evident in the life of Harriet Jacobs and show the severity of slavery for black women. The history of slave women offered by Davis suggests that "compulsory labor overshadowed every other aspect of women's existence" (Davis 5). This is quite apparent through examination of the life of Harriet Jacobs. All slaves were forced to do hard labor and were subject to cruel remarks by whites, in this sense they were genderless, except women endured much more foul treatment. Harriet Jacobs was forced to listen to the sexual berating from her master, Dr. Flint, as well as receive jealous scorn from her mistress, Mrs. Flint. Yet worse than the verbal abuse was the physical, sexual abuse imposed on slave women. "Naming or not naming the father of a child, taking as a wife a woman who had children by unnamed fathers, [and] giving a newborn child the name of a father" were all considered by Herbert Gutman to be "everyday choices" in slave communities (Davis 15). Not being able to name a father must have made slave women feel great pain from being a "genderless" tool and great isolat ion by forcing them to take care of bastard children on their own. However, the worst comes when the child is old enough to work and, in most cases, is auctioned off. By auctioning off a slave woman's children slave masters not only dehumanized slave women but gave additional pain to slave women by taking their loved children away. Slave... ...brother. These past three points all serve as examples of the severity of slavery for women. The U.S. slave system has placed African American women at a disadvantage for hundreds of years. It's atrocious to think this kind of thing could ever be allowed to happen. Even worse is to the reality that it wouldn't be that way if people truly believed in equality. Women were owned in every aspect, not merely free labor. Their minds, bodies, and souls were pushed to the limits and Harriet Jacobs is an example of this being true. Works Cited Collins, Patricia. Black Feminist Thought: Knowledge, Consciousness, and the Politics of Empowerment. New York, NY: Routledge, 2000 Davis, Angela. The Legacy Of Slavery: Standards For A New Womanhood. Jacobs, Harriet, and Yellin, Jean. Incidents in the Life of a Slave Girl. Cambridge, Mass.: Harvard University Press

Chicken Run

What are the roles of professional accountants in relation to their compliance to the 3yLaws of the Malaysian Institute of Accountants as in this case? Integrity Integrity means that the auditor must always carry out their auditing duties and responsibilities with the highest level and sense of integrity. Their work must be performed with diligence, responsibility, and complete sincere truthfulness. The auditor should not involve themselves in any illegal activities that can bring down their reputation.In this case, professional accountants should always check the inancial statement of the company so that the Information In the financial statement has fairly presented. Objectivity Objectivity means that an auditor must be independent in appearance and in fact, and also to be unbiased and Impartial. For an auditor to be Independent, they should not have any financial nor managerial relationship with anyone or anything that has to do with the company being audited. In this case, the pr ofessional accountants have to be objectivity In evaluating the going concern Issue.They have to Investigate he relationship between Encik Selamat and Encik Azrnan. They should ask Encik Selamatto proceed to the legal suits against Cold Gold Sdn. Bhd. Professional competence and due care Competence and due care means that avoid from conflicts of interest. A conflict of interest may exist when there Is a significant relationship with a person, entity, product or services that could be viewed as impairing the members' objectives. Professional member should understand well about the business environment of EPM so that they can make sure that the company Is free from conflicts of Interest. Chicken Run What are the roles of professional accountants in relation to their compliance to the 3yLaws of the Malaysian Institute of Accountants as in this case? Integrity Integrity means that the auditor must always carry out their auditing duties and responsibilities with the highest level and sense of integrity. Their work must be performed with diligence, responsibility, and complete sincere truthfulness. The auditor should not involve themselves in any illegal activities that can bring down their reputation.In this case, professional accountants should always check the inancial statement of the company so that the Information In the financial statement has fairly presented. Objectivity Objectivity means that an auditor must be independent in appearance and in fact, and also to be unbiased and Impartial. For an auditor to be Independent, they should not have any financial nor managerial relationship with anyone or anything that has to do with the company being audited. In this case, the pr ofessional accountants have to be objectivity In evaluating the going concern Issue.They have to Investigate he relationship between Encik Selamat and Encik Azrnan. They should ask Encik Selamatto proceed to the legal suits against Cold Gold Sdn. Bhd. Professional competence and due care Competence and due care means that avoid from conflicts of interest. A conflict of interest may exist when there Is a significant relationship with a person, entity, product or services that could be viewed as impairing the members' objectives. Professional member should understand well about the business environment of EPM so that they can make sure that the company Is free from conflicts of Interest. Chicken Run 1. INTRODUCTION 1. 1 Case Background This case is about the Small medium enterprises, Excel Poultry & Meat Sdn Bhd (EPM) that face management, production, financial and internal control problems. Besides that, In this case also show conflict of interest between General Manager of EPM, En Selamat with the main debtors. The lack of internal control causes bad financial performance since 2008. Other than that, this case also shows the external factors for the production process that cause â€Å"chicken run† crisis.Our responsibility is to give the solutions to EPM for face their problems. SMEs is the most important for Malaysian economic growth, so for that purpose we need make sure our SMEs had the excellent management in their financial and internal control. 2. Company Background Excel Poultry & Meat Sdn Bhd (EPM) was establish in 1998 as Small and medium sized enterprise (SME). Their Core business is chicken farming and supplying to various outlets in Malaysia such as hypermar kets and restaurants. Currently, they have more than 200 employees.EPM aso knowed as Top 5 chicken supplier in mid-tier producers in the country. 3. Definition of SMEs. Malaysia adopted a common definition of SMEs to facilitate identification of SMEs in the various sectors and subsectors. This has facilitated the Government to formulate effective development policies, support programmers’ as well as provision of technical and financial assistance. An enterprise is considered an SME in each of the respective sectors based on the Annual Sales Turnover or Number of Full- Time Employees.SMEs were divided into two categories. First category is manufacturing, manufacturing-related services, and agro-based industries. Small and medium enterprises in this industries have full-time employees not exceeding 150 OR with annual sales turnover not exceeding RM 25 million. Second category is services, primary agriculture, and information & communication technology (ICT) sectors. Small and m edium enterprise in this sectors have full-time employees not exceeding 50 OR with annual sales turnover not exceeding RM 5 million (SMEs. Corp, 2012).Table 1: Definition of SMEs |Type/ Size |Micro-enterprises |Small enterprise |Medium enterprise | |Manufacturing, |Sale turnover of less than RM |Sales turnover between RM 250,000 and|Sales turnover between RM 10 million | |Manufacturing- |250,000 OR full time employees |less than RM 10 Million OR full time |and RM 25 million OR full time | |Related Services and |less than 5 |employees between 5 and 50 |employees between 51 and 150. |Agro-based industries | | | | |Services, Primary |Sales turnover of less than RM |Sales turnover between RM 200,000 and|Sales turnover between RM 1 million and| |Agriculture and |200,000 OR full time employees |less than RM 1 million OR full time |RM 5 million OR full time employees | |Information & Communication |less than 5 |employees between 5 and 19. |between 20 and 25. |Technology (ICT) | | | | (Sour ces: SME Corp. Malaysia) Table 1 above shows the summary of defining Malaysian SMEs. 2. 0 ISSUES AND PROBLEMS There are many problems that can be detected in Excel Poultry & Meat Sdn Bhd (EPM). The main issue is a lack of internal control. There is no segregation of duties among EPM staff. This situation can be seen when Munir, the former staff at the finance department, collects the payment from client but he does not disclosed the payment receipt to the account department.Next, the issue is conflict of interest. The situation can be seen on the company’s General Manager, Encik Selamat has close relationship with one of the executive directors of Cold Gold Sdn. Bhd. , Encik Azman. This relationship has enabled Cold Gold to extend its credit limit with authorization from Encik Selamat and not the Credit Controller (Ms. Choy). Encik Selamat also has personal interest in the deal with Cold Gold Sdn. Bhd. The deal was if Encik Selamat extended the credit limit of Cold Gold Sdn. Bhd. , he will personally benefit from the deal.Encik Selamat did not disclose this matter to the Board. Besides that, the issue is the increasing of production cost. Since 2008, the company has been facing the problem of increased chicken feed cost which has risen from RM54. 50 to RM88; the increase is more than 50%. The increase in feeding cost has ultimately increased the company’s production cost to about 56. 5% the increase of feeding cost has affected the whole industry. Thus, Federation of Livestock Farmers’ Associations of Malaysia (FLFAM) has called for higher chicken prices in order to protect producer’s earnings in the face of feed cost hike.However, members of the FLFAM had seen a drop in demand of the chicken. On top of that, the event of the feed cost hike discovered that the company has systematically low operating cash. In the situation, the company resorted to borrow short-term loans from the bank in order to meet operating obligations. This in turn increased its financial obligations in terms of interest payments plus principal. Then, there is also issue on the shortage of chicken supply in market. Since the feed cost hike, the company has cut down the production of chicken in market.While at the same time, the demand of chicken from hypermarket, flea market and individual become high. The ceiling price that control by government also contributed to this problem. Another problem discovered is that in EPM’s books, a retailer, Mr. Siva’s account had outstanding balance. This was contrast with the books of Mr. Siva, where he claimed to have paid all outstanding balance and the cash payments had been made to Encik Munir. This can show that the company has lack of management on account receivables.Last but not least, Encik Selamat has influence in the company make the small and medium enterprise look alike a sole proprietor to him. Every decision making by Encik Selamat is totally agree by the other staff. The le adership style of Encik Selamat also need to consideration in the company operation. FINANCIAL RATIO ANALYSIS | |2006 |2007 |2008 | |Current ratio |0. 85 |0. 59 |0. 4 | |Net profit margin |4. 02% |(0. 35)% |(1. 05)% | |Return on asset |14% |(1. 07)% |(2. 76)% | GRAPH [pic] [pic] Based on the graph above, the company faced a decreased in net profit within three years of its operation in year 2006 to 2008. The decrease of net profit is mainly because of the feeding cost hike and also undiscovered irregularities in the accounts.The company also faced a decreased in return on asset within three years of its operation in year 2006 to 2008. The decreased of asset is probably because of the bottom line of the company is also decreased due to the feeding cost hike. 3. 0 SOLUTIONS AND RECOMMENDATIONS Internal control system Internal control is main problem for this company. It plays an important role in preventing and detecting fraud of the organizations. For example this company has no segr egation of duties that important for the company to observe and see the flow of the company functions such as En.Munir (finance department) collects the payment from client and does not disclosure the receipt to accounting department. When these functions not be divided, a detailed supervisory review of related activities is required as a compensating control activity. Segregation of duties is a deterrent to fraud because it requires collusion with another person to perpetrate a fraudulent. So the company must have segregation of duties to reduce the critical problem of internal control. Such as, the approval function, the accounting or conciliating function, and the asset custody function should be separated among employees.Excel Poultry& Meat Sdn Bhd (EPM) is one of the SME’s company and need to follow all the rules and regulation internal control for SME’s. Encik Selamat as a general manager need to emphasize the nature and importance of the internal control, organi ze and lead all staff to set up a whole, appropriate internal control system to make middle managers and ordinary employees see the importance of the internal control to enterprise develop and job descriptions respectively. At the same time, managers should teach others a good example for all staff and establish a scientific evaluation system to supervise the implementation of the internal control.Besides that, SME’s internal control also need the company to have internal environment that refers to the basis of the internal control and when internal environment improve it can reduce the establishment of the inherent limitations of internal controls effectively, and improve the efficiency of internal control. According to the relevant laws and regulations, SMEs should establish a reasonable internal structure and give full play to the strength of the collective power to avoid excessive concentration of rights. Furthermore, the company also need to monitoring and reviewing the employees.It is the one of the internal control system that reviewed by management. By performing a periodic assessment, management assures that internal control activities have not become obsolete or lost due to turnover or other factors. They should also be enhanced to remain sufficient for the current state of risks. The availability of information and a clear and evident plan for communicating responsibilities and expectations is paramount to a good internal control system. At last, the company must control the environment to be a good internal control.A sound control environment is created by management through communication, attitude and example. This includes a focus on integrity, a commitment to investigating discrepancies, diligence in designing systems and assigning responsibilities. When the company follows all the framework of good internal control, the company can become better and can be successful in the future later. Management information system This company also la ck of focus on the important considerations for proper running of business operations. It is because the general manager cannot proper running the business operations.The company must have a mission and vision to be successful in the future. If company does not use the mission and vision, the company cannot run properly and become chaotic. So the solution is to use management information system that designed to help the organization accomplish specific goals or objective. Management information system  (MIS) provides information to the organizations to manage themselves efficiently and effectively. Besides that, management information system are typically computer systems used for managing three components that are technology, people individuals, groups or organizations) and data (information for decision making). Furthermore, the management information system uses to analyze the operational activities in the company to become more effective and efficient. Lastly, when the Excel P oultry & Meat Sdn. Bhd uses the management information system, it can be better and more efficient to the company to manage and running their business properly and can achieve goal, mission and the vision successfully. Negotiate with suppliersTo solve the higher costs of chicken feeds in Excel Poultry & Meat Sdn Bhd, the company may try to negotiate with their suppliers in considering the price reductions or offering some cheaper alternatives. If the suppliers are unable to do so, the company has to explore the other suppliers who are able to provide a reasonable price. By continuously watching the sources from a few of suppliers, it may be effective way to keep the costs lower due to competition. Moreover, some government agencies and private sectors could play an important role in assisting SMEs to solve the problems which they are facing.For example, the company may obtain some advisory services and consultancy from the Malaysian Agricultural Research and Development Institute (M ARDI) in order to get some ideas on the chicken feeds problem. They may ask for the new alternatives to replace the old chicken feeds which are higher in costs. The SMEs like Excel Poultry & Meat Sdn Bhd also may apply the financial tools to help them in cost management such as breakeven point, budgeting and cost analysis. For example, if the company uses budgeting, it will able to prepare a forecast of revenues and expenses, so that it may perform better in the financial aspect.It also enables to find out the cost constraints on its operation. The company must gain the raw materials at the possible lowest price and use them as effectively as possible while maintaining the quality of output. Marketing mix Besides that, Excel Poultry & Meat Sdn Bhd also faces the pricing problem. When a company is in a highly competitive industry, it must be able to provide high quality products at low cost. If they do not, they may be perished. In order to compete with other companies in the similar industry, the marketing mix is always crucial which it encompasses price, product, promotion and place.The SMEs like Excel Poultry & Meat Sdn Bhd needs to improve their marketing strategy on promoting their products in terms of branding, packaging and promotion to increase their revenue. With the greater turnover, the company may get the fund to improve the growth of their business. Furthermore, it may consult the SIRIM Berhad and it may help them in standardization and certification of their products according to their point of views. With the government support, it may satisfy the needs of consumers on the quality of their products.If the products have been recognized by the government, the consumers will be more reliable on them and the price may be marked up to overcome the problem of increase in cost of chicken feeds. The company also enables to explore the other potential markets in the foreign countries. As the demand in local country may not be satisfied, the company may ch oose other foreign markets which they have higher demands on the chicken supplies. Code of ethics The solution for the conflict of interest between Encik Selamat and Encik Azman is establishes the five fundamental principles according to the code of ethics.Encik Selamat should follow the code of ethics of the five fundamental principles such as integrity, objectivity, competence and due care, confidentiality and professional behavior. Some of the fundamental principles can be applied by Encik Selamat as the guidance to comply with the ethical behavior. For example, Encik Selamat should apply the integrity principle in which Encik Selamat should be honest in all professional and business relationship between his and the customers. In this case, Encik Selamat should be honest in the business although Encik Azman is his best friend.Besides that, Encik Selamat should comply with the principle of objectivity in which Encik Selamat should not allow conflict of interest to override profess ional or business judgments. In terms of professional competence and due care, Encik Selamat should maintain professionalism which cannot allow customers supplied without concerning the outstanding balances. Last but not least, Encik Selamat should apply the professional behavior which should comply with the relevant laws and regulations. Effective cash collections processThe solution for the poor collection of debtors’ outstanding leads to cash flow problems is designed an effective cash collection process which shown as below. [pic] Excel Poultry & Meat Sdn. Bhd. (EPM) should design the effective cash collection process to avoid the cash collection problems. The effective cash collection process is when the customers paid the payments to the company, the payment should passed to the accounting departments to verify the payments and the accounting department will send the cash receipts back to the customers.Besides that, the accounting departments in the company will put the deposits in the Bank after received the payments from the customers. Then, the Bank will send the statement of deposit back to the accounting department of the company. In this case, the weakness in the cash collection problems leads to the cash flow problems. For example, the net profit of the company is decreased from year 2006 to 2008. This means the company is facing the cash flow problems which can show by the financial performance of the company which is getting worst compare with previous year.SWOT Matrix |Strengths |Weakness | |One of the top chicken suppliers |Poor in internal control | |Has qualified accountant (En. Kassim) |Financial problems | |Good in development of marketing plan |Lack of leadership | | Lack of control in making decision | | |Imbalance of cash flow | |Opportunities |Threats | |Government support |Potential chicken disease | |Strong chicken consumption in domestic market |Government policies (ceiling price) | | |Increase in cost of raw materials | 4. 0 CONCLUSION As a conclusion, those have several main problems that cause the financial problem in EPM. Those problems are arise because lack of control in management and production within the company.In the business, those who have relationships between several factors will affect the financial performances. Economics, production and management are the factors that cause the financial crisis in EPM. The relationships are show bellow: 1. 2. EPM need to make sure their internal control is in the good position to make sure their cash flow can be controlled to run the business. The integrated systematic management on financial, internal control and production will give the EPM a better financial position in the future. ———————– Increase of Production cost Decrease of demand Decrease of sales Decrease of company profit Lack of internal control Increase the possibility fraud Bad financial performances

Physical Security Essay

Securing networks or systems within institutions and corporations is not enough. At present, security is not only concerned with the ethereal aspect of it but also with the tangible dynamics of physical security. Although physical security seems too basic, establishing even the most sophisticated network security is useless if its physical environment does not keep it sheltered and protected. Security threats that have something to do with the physical aspect of institutions include burglary and theft. In this case, even the most established digital security system that functions within the computer networks will not be able to prevent these crimes. A breach in physical security makes the network or digital system of the institution susceptible to power interruptions that disrupts the security system, addition of hardware devices that may used to hack or spy into the system, removal of hardware devices that paralyzes the system, copying confidential data from the system through USBs, CDs, and such, logging in the system directly without authorization, etc. Stewart, 2004) The importance of high standard physical security systems and policies ensure that aforementioned situations that seek to jeopardize the position of institutions that might affect all its aspects, especially its finances, are avoided. Having a secure digital system is impressive, but having a secure digital system and physical environment is highly recommended. To uphold high quality standards of security, both the digital and physical aspects of security should be merged. Sturgeon (2004) defines this as marrying digital and physical security. Physical security involves the use of high-tech gadgets such as cameras that will be used for close monitoring, 24-hour video coverage and storage, video recording triggered by movements, wireless and mobile installments within the physical environment, etc. (Physical Security, 2008) The physical security approach is based on four principles or strategies. First, physical security follows the necessity of protecting the network or institution, detecting security threats and possible risks, responding to these threats and risks, and allowing recovery for the network or institution from damages or indemnities brought about by security breaches. This process requires setting up of security systems that will accomplish these four phases of protecting (with the use of controlled access systems that restricts involvement of the public to authorized personnel only), detecting (using surveillance systems and frequent check-up of the physical areas of institutions), responding (well-trained security officials and network protocols that carry out these responses to security threats and risks), and recovering. (Operational Security Standard on Physical Security, 2004) Second, physical security builds up on hierarchical zones that protect or safeguard access to the security system. These hierarchical zones include the public zone (areas accessible to the public), reception zone (area wherein the boundary between the public and restricted zones is determined), operations zone (areas private to personnel), security zone (areas private to only authorized personnel or visitors), and the high security zone (areas private to authorized and escorted personnel or visitors). Within these zones, technological facilities and security officials are installed and designated respectively to carry out four phases in the previous approach discussed. (Operational Security Standard on Physical Security, 2004) The third approach in physical security is controlling access to determined hierarchical zones. This approach has something to do with controlling access most especially to restricted areas. It does not only control individual access, but is also concerned with the entry of materials considered to be potentially threatening or risky to security, such as mobile phones and other technological gadgets, harmful objects such as knives, guns, and such, etc. Although institutions should consider this approach in physical security, controlling access should not limit or restrict authorized individuals too much, allowing them ease in visiting each zone within the institution. Aside from security officials designated at every zone, there should also be systems that carry out state-of-the-art security protocols, such as technologies installed within the institution that asks for PIN or access numbers, access cards, biometrics, etc. Fourth, physical security systems should be designed to increase security levels in times of emergency or security threats. (Operational Security Standard on Physical Security, 2004) These four approaches, as recommended by the Treasury Board of Canada Secretariat follow the requirements of a strong and efficient physical security system. The concepts supported by these four approaches suggest how physical security systems and policies should be established in order to ensure that it will serve its purpose. However, accomplishing all the requirements in establishing a physical security system and a set of policies is not enough. Institutions should make sure that these elements of security are assessed and evaluated to ensure that it is properly sustained and it is up-to-date with trends in security technologies and processes. Part of the evaluation process includes frequent training and drills for security officials, checking-in with technological innovations that improve quality of security measures and systems, and observing existing systems to determine much-needed replacements or tweaks. With all these information in mind, physical security is a vital part in institutions that should not be neglected nor taken lightly. It complements digital network security systems, such that it prevents it from being jeopardized or subjected to external control, manipulation, and possible damages that affects the operations within the institution. Establishing a solid physical security system require that all aspects of the physical environment within an institution is identified. Mapping out requires that the institution determines where security is most needed and where access is most likely to be controlled. Aside from going over the basics and technical details of physical security systems, institutions should provide time and effort to evaluate the system in order to ensure that it functions efficiently according to its purpose, and that it meets the highest requirements of quality standard physical security.

Variable

Operational Definition of Variables Construct/Variable Security risks The major benefit of outsourcing is normally the reduction of costs and maximization of efficiency. To ensure its success, a company usually focuses on finding the best firm to contract a job.Advertising We will write a custom report sample on Operational Definition of Variables Construct/Variable specifically for you for only $16.05 $11/page Learn More The off-shore IT services should be handled with a lot of care as it serves as the back bone of the company. In the present age, emerging issues like computer crimes and increased government involvement in the private businesses has questioned the viability of out sourcing the IT services (Beaver, 2011). In most cases, outsourcing usually revolves around the electronic assets of the company. This will include financial information or ideas. Therefore, Outsourcing greatly increases the chances of something going wrong. Since data is shared among various different users. Therefore, it is evident that privacy is limited and loss of data is often looming. Even though most of the IT consulting companies are known to be trustworthy and responsible in nature, not all are perfect. A company may never fully know or comprehend the down side of the company it is outsourcing from. This is usually learnt after they suffer loss of data or violation of integrity (Wejman, 2006). It is true that there is a relationship between IT outsourcing and outsourcing risks. By outsourcing a particular service, in this case the IT services, the company is always at significant risk. Topping the list of risks is that the company losses privacy of its confidential information. Additionally they are not fully aware of any hidden intentions especially from rouge employees who form the outsourced company. When the IT services are held within the company, it is not exposed to such risks but after outsourcing or taking those services off-shore, they have entered into unknown waters. The risk level in outs ourcing is therefore very high. Legal Issues IT outsourcing is known widely to involve contracts hence the need to have lawyers to represent the clients on both sides to agree on the contract terms and conditions. The contracts are required to be formulated in such a way that they serve the interest of the two parties. The experience of the lawyers is vital as it goes an extra mile in pointing out to the client the various pitfalls in deals involved in outsourcing.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The terms are important as they protect the two parties from each other and they indicate their working environment. The contract between the two parties should explicitly indicate the work required to be performed, the time scale of the project (beginning and deadlines), the pay structure and cycle and method/ways of resolving conflict between the parties (Canadian Insti tute of Chartered Accountants, 2003). Organizational Information Threats There are risks that the systems might fail or due to lack of integrity, information may be tampered with. In relation to this, the organizations ability on constructing sound decisions is also jeopardized.since in an outsourcing scenario, functions are carried out by different personnel governed by different management and undertaken in a different environment. In this kind of an arrangement, the employer instructs the outsourcing company to document its activities but in most cases, this may not be done as accurately as they wanted hence it may be substandard. The risk levels therefore are high (Canadian Institute of Chartered Accountants, 2003). Organizational Performance Performance of the organization is directly affected by all departments. Failure of one department might greatly affect the overall organizational goals of success. If outsourcing the IT service by the organization goes according to plan, t he performance will be upheld. The outsourcing firm should be able to meet the defined standards of performance of the employer to ensure its relevance to the employer. References Beaver K. (2011) Outsourcing IT services: Is it worth the security risk? Retrieved from https://searchsecurity.techtarget.com/tip/Outsourcing-IT-services-Is-it-worth-the-security-risk Canadian Institute of Chartered Accountants. (2003). Information technology  outsourcing. Toronto. Houseman et al (2006).Outsourcing, Offshoring, and Productivity Measurement in U.S. Manufacturing. New York; Sage.Advertising We will write a custom report sample on Operational Definition of Variables Construct/Variable specifically for you for only $16.05 $11/page Learn More Wejman, B. (2010) Continental Airlines: Outsourcing IT to Support Business Transformation. International Journal of Communication, 2 (1), 19-25.

Communication and business

Communication and business TABLE OF CONTENTS1. INTRODUCTION TO COMMUNICATION22. CASE STUDY 1: REJECTED PLANS52.1 BRIEF SUMMARY52.2 COMMUNICATION BARRIERS IN THE CONVERSATION BETWEEN BOB AND PETERSON62.3 EXAMPLES OF EFFECTIVE BEHAVIOR BY ELLEN83. CASE 2:ALLIED INDUSTRIES93.1 BRIEF SUMMARY:93.2 WHAT WAS THE CAUSE OF THE COMMUNICATION BREAKDOWN BETWEEN THE CUSTOMER AND SYLVIA?93.3 GIVE SOME EXAMPLES OF EFFECTIVE COMMUNICATION BEHAVIOR BY MARVIN WHEN HE WAS DEALING WITH SYLVIA.103.4 GIVE SOME EXAMPLES OF EFFECTIVE BEHAVIOR BY MARVIN IN DEALING WITH THE CUSTOMER.111. INTRODUCTION TO COMMUNICATIONCommunication is one of the most important and at the same time one of the most difficult things in our everyday life -in all its aspects. We communicate -or at least we try to- every single second -consciously or not- not only with other people but with the entire environment as well. And, of course, communication is not a privilege of humans'.English: The Active Listening Chart shows the prog...As Marc Hauser puts it "Not hing would work in the absence of communication. Flowers must communicate with bees in order for pollination to be successful........Computer programmers must design software to communicate with their hardware. "The dictionary defines communication -from now on we shall refer to communication among humans- as a process by which information is exchanged between individuals through a common system of symbols, signs or behaviors . Therefore, the basic components of communication are the sender, the message, and the receiver. The sender transmits the message; the message triggers a response from the receiver; the receiver notices and attaches some meaning to the message . For the message to be transmitted, there has be some channel (often called medium), which is the method used to deliver the message. Additionally a code system is necessary; both the sender and the receiver must know the codes used. Noise is another...