Social Responsibilities of businesses :: essays research papers

"Outline the argument for and against business having social responsibilities beyond that of making a profit. In the light of this, do you think businesses should make charitable donations to the Tsunami appeal? Justify your answer." 26th April 2005 To best understand the nature of the posed question I propose the articulated finding of the widespread acceptance that cooperate official and labour leaders have a 'social responsibility' that extends beyond the realm of serving shareholder and its members (Friedman 1962, p. 133). The following essay is aimed at highlighting the role of businesses, whether they are to have interest other than solely making profit and if so what groups should benefit from the success of a company. According to Wilson (2004, Vol.23, p. 23) arguments, the nature of existence for business or corporations should be 'everything to do with service to society, and only secondarily to do with profitability.' But this is quite on the contrary to the apparently antediluvian view put forward by corporate executives Friedman and Levitt (cited in Wilson, 2004, Vol.23, p. 23) highlighting '.the business of business is making money, not sweet music.' So why is there discrepancy between the ideal view of business and which should be placed under higher priority the shareholders or stakeholders (society). To understand both points of view we need to identify the party's involved and the relationship they have to the business and business operations. A stockholder (shareholder) is one that owns or holds a share or shares of stock in company, enterprise or organisation (The American Heritage Dictionary of the English Language, Fourth Edition, 2005). Shareholders are the financial backing in the organisation, they are generally people interested in making a profit (in the form of dividends) and they supply capital to the organisation. On the contrary stakeholder are seen as any party that has an interest in an organization. Stakeholders of a company include stockholders, bondholders, customers, suppliers, employees, and so forth (Scott, 2003). Given the definition or both involved parties it is clear to see that the success of the business in making a profit will please the shareholders however, to make long-run profits in turn requires compatibility and complacency from its revenue source; the stakeholders. This requires the need for mission and vision driven company which must be truly responsive to stakeholders not only its shareholders (Wilson, 2004, Vol.23, p.23). These 'social responsibilities' must however be driven directly at the stakeholders involved with the business dealings in order to serve equally the shareholders. A clear example of miss-aimed social contribution and one which resulted in strong shareholder opposition was outlined when a number of Australian companies pledged finances to the tsunami relief effort in

Security Risk Management SRM and Auditing Essay -- essays research pap

Abstract The term â€Å"be prepared† applies especially well to today’s business environment, where enterprises across all industries and locations are challenged by a volatile, increasingly unpredictable world. In addition to protecting their internal resources, organizations must consider the security and well-being of their employees, partners, suppliers and customers, as well as the reliability of the web of networks and systems on which most now depend. Stop Managing Security. Start Managing Risk. The way forward lays in a security risk management (SRM) approach that protects your company from the most severe threats to critical IT systems and operational processes. SRM helps your organization understand its assets and analyze the vulnerabilities it must address. Security risk management also facilitates internal and external compliance initiatives. It enables your organization to enforce policies that relate to the integrity of customer data, the configuration of corporate applications and databases, and the accuracy of financial reports. Companies that take a systematic approach to SRM reap additional benefits: operational efficiencies that lead to better management of resources and reduced costs. It's up to all the parties involved in the IT operations and security mission to demonstrate that they can take on the demands of this new challenge. Security is a wide concept, it is a separated subject with its own theories, "which focus on the process of attack and on preventing, detecting and recovering from attacks" (William 1996). Certainly, these processes should be well organized in coping with the complex system issues. A coherent approach should be taken, which builds on established security standards, procedu... ...om norm', Network World Canada, Jun 24, Vol. 15, Is. 12, pp1-10, Gulati R, 1999, 'Network location and learning: the influence of network resources and firm capabilities on alliance formation', Strategic Management Journal, Vol. 20, Is. 5, May, pp 397-399 Osborne, Keith (1998), 'Auditing the IT Security Function', Computers &, Security, Vol. 17, NO.1, pp35-39. Hampton D K, Peter R &, Walker H T D, 1996, Relationship-Based Procurement strategies for The 21st Century, Vis, Canberra. Johnson, Jim (1995), 'CHAOS: The Dollar Drain of IT Project Failures', Applied Development Trend O’Brien, James and Marakas, George (2007) Introduction to Information Systems, 13th ed. McGraw-Hill William C &, Dennis L &, Michael S (1996), Information Security Handbook, NY: MacMillian Press LTD Gladstone D, 1988, Venture Capital Investing, Prentice Hall, New Jersey.

Buddhism: A Belief System

A belief system is a form of human spirituality which is accompanied symbols, beliefs and practices, often with a supernatural â€Å"god† or savior at the height if it. Belief systems are usually expressed through prayer, rituals, meditation, music and dance, among many other things. It also reflects cultural or ancestral traditions in modern day. My belief follows that of Buddhism or the path of the enlightened one. As a devout Buddhist I am force to refrain from many things. I am not allowed to take what is not given to me this is directed mostly towards thievery of all kinds.Acts of violence are against my beliefs as well lying. Intoxicants that induce loss of mind or foolish behavior such as drugs or alcohol are a sinful substance. These thing shapes the course of my everyday life in all situations in this way my beliefs make up a religious belief system. I personally was born into Buddhism, my parents were also devout Buddhists. My parents taught my daily from birth the B uddhist religion and I faithfully follow it. I believe in its practices wholeheartedly. A practice of Buddhism is karma or, the belief anything you do will be repaid in the same manner.For example if I find a wallet on the ground and turn it in to the police station, I may come upon a positive financial gain in the future. My parents taught of this and many other practices of the Buddhist religion. Being born into Buddhism early life was not easy with so many clear cut rules to abide by however, I have been devout since an early age and do not plan to change my ways in this lifetime. Buddhism: A Belief System 3 There are many more benefits than disadvantages in the Buddhist belief system. A disadvantage would be that fact alcohol cannot be consumed even in a social manner.This can sometimes ruin a small party of friends trying to have a good time. A benefit also comes along with the no alcohol rule which is prevention of alcoholism. This in turn helps me to be a better person and al ways have a clear mind. Another benefit of Buddhism is have a clearly stated no thievery law to abide my in my religion the people around me see me as a more trustworthy person. Finally, karma itself I see as a blessing as long as I do the right thing and treat people the right way then great things will become of me. Tradition plays a major role in the Buddhist belief system.There are various holidays that Buddhists celebrate to recognize special moments or events in history or the present. Such as Visakha Puja which occurs on the full moon of the sixth month around the time of may. It is one of the most important days for Buddhists because it is the day that the Lord Buddha was born, attained enlightenment, and died. All three of these special events fell on the exact same day. Visakha Puja is usually celebrated with a sermon during the day and a candle lit celebration to pay respect to the Lord Buddha at night. This only one of many traditions that help shape the Buddhist religio n.Tradition plays a very important if the the most important role in my belief system. Buddhism: A Belief System 4 The role of tradition in general is what makes a religion what it is. Tradition is the coincides with beliefs to make the basis of every religion. Without traditions a beliefs system would be nothing but a set of rules. It also reminds the followers the reason or spirit behind the religion they believe in. Christianity's Christmas or the Jewish Hanukkah is a reminder of the reason their ancestors began to follow their belief system.Holidays like the Cristian and Catholic easter remind of the hardships their ancestors had to go through to believe what they believed in. Traditions are what help us keep our faith in what we believe is true even in the darkest of times. It is very important to be knowledgeable about religions other than your own. For instance something you do or say may be alright within your beliefs but within others may seem crazy or offensive. Religion i s the very thing that drives some people so it's best you respect it. Knowing about other religions is also enlightening for yourself, knowing what other people believe to be true or their practices.It is different to discriminate against someone religion that other tings because religion has no face or color of beliefs. To try and deny someone their beliefs is near inhuman. In conclusion a belief system is that which binds a group of people together as well as a way of life. It is not just religion but our morales as well as our happiness and fear. A belief system is the basis of all mankind because everyone needs to believe in something. Buddhism: A Belief System 5 Buddha Dharma Education Association Incorporated. BuddhaNet. – Worldwide Buddhist Information and Education Network.25 Feb. 2009 . The World Book Encyclopedia. 2007th ed. Vol. 2. Ser. 3. Worldbook inc. , 2001. Wikipedia. Wikimedia Foundation, Inc. 25 Feb. 2009 . â€Å"Your Belief System. † Fringe Wisdom â €“ Spirituality, Love, Food, Nature, and The Art of Being Human. 25 Feb. 2009 . â€Å"The Need for a Belief System †¦ a system of organization for your experiences! † Self Improvement from SelfGrowth. com. 25 Feb. 2009 .

Economies and Balance Midterm Exam Essay

1. Economies of Scope refers to situations where per unit costs are 2. For a short-run cost function which of the following statements is (are) not true? 3. According to the theory of cost, specialization in the use of variable resources in the short-run results initially in: 4. Economies of scale exist whenever long-run average costs: 5. The existence of diseconomies of scale (size) for the firm is hypothesized to result from: 6. If TC = 321 + 55Q – 5Q2, then average total cost at Q = 10 is: 7. Using demand and supply curves for the Japanese yen based on the $/Â ¥ price for yen, an increase in US INFLATION RATES would 8. An appreciation of the U.S. dollar has what impact on Harley-Davidson (HD), a U.S. manufacturer of motorcycles? 9. In a recession, the trade balance often improves because 10. The purchasing power parity hypothesis implies that an increase in inflation in one country relative to another will over a long period of time 11. Companies that reduce their margins on export products in the face of appreciation of their home currency may be motivated by a desire to 12. The import of Apple iPads assembled in Shanghai at a $295 wholesale price ($213 cost and $82 profit margin) adds more than it should to the U.S. trade deficit with China because 13. Trading partners should specialize in producing goods in accordance with comparative advantage, then trade and diversify in consumption because 14. Marginal factor cost is defined as the amount that an additional unit of the variable input adds to ____. 15. The marginal product is defined as: 16. The isoquants for inputs that are perfect complements for one another consist of a series of: 17. The primary purpose of the Cobb-Douglas power function is to: 18. Given a Cobb-Douglas production function estimate of Q = 1.19L.72K.18 for a given industry, this industry would have: 19. In a production process, an excessive amount of the variable input relative to the fixed input is being used to produce the desired output. This statement is true for: 20. An example of a time series data set is one for which the: 21. Smoothing techniques are a form of ____ techniques which assume that there is an underlying pattern to be found in the historical values of a variable that is being forecast 22. For studying demand relationships for a proposed new product that no one has ever used before, what would be the best method to use? 23. Time-series forecasting models: 24. The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as: 25. Consumer expenditure plans is an example of a forecasting method. Which of the general categories best described this example? 26. Given a Cobb-Douglas production function estimate of Q = 1.19L.72K.18 for a given industry, this industry would have: 27. In a production process, an excessive amount of the variable input relative to the fixed input is being used to produce the desired output. This statement is true for: 28. The primary purpose of the Cobb-Douglas power function is to: 29. Which of the following statements concerning the long-run average cost curve of economic theory is true? 30. The cost function is: 31. What method of inventory valuation should be used for economic decision-making problems? 32. According to the theory of cost, specialization in the use of variable resources in the short-run results initially in:

My Favorite Person

My favourite person â€Å"Michael Jordan† † I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed. † Those encouraging words were spoken by Michael Jordan. Michael Jordan was born in Brooklyn, New York, on February 17, 1963. He moved to Wilmington, North Carolina. I am going to tell you why Jordan is in fact so famous. He had to go through tough obstacles all his life.His love for basketball began when his older brother, Larry, continuously beat him in one-on-one pickup games. Michael was taking the challenges but he didn’t give up, that was why he became a better player. Jordan played basketball for Laney High School in Wilmington, North Carolina. When he was a sophomore Jordan was cut from varsity basketball team. Instead of giving up he was working hard, hour after another. He spent a lot of time in the gym practicing, only reason why he did that was to achieve his goal by becoming a professional player and to make the team.Finally he made the team and let it to the state championship. Jordan then accepted a basketball scholarship from the University of North Carolina. Two years later he got drafted into the NBA. Michael Jordan was the most valuable player for a long time. Everyone knows and consider him the best basketball player ever. There is no such person that doesn’t know who is Michael Jordan. I picked this person because I really think that MJ was the one who brought the game of basketball on a new level. His thoughts and philosophy motivate nowadays other great players.He was a strong guy during his life, the death of his father was a shock for him but he stood still and went back to the NBA. That’s the quality that few people have is moving forward to your dreams no matter what happens in your life. I am going back to MJ’s words † I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed. † Becoming a successful person is a long way full of failures and mistakes and that makes someone successful in something it’s the dedication and hardwork.

Drama Evaluation Example

On 12th of December we went to Stifford Clays Primary and performed our piece to 180 year 4’s and 5’s. When we got there we had to straight away bring in our set and therefore had to quickly work out our staging. We all agreed to have the boards on a slant so that we could get changed and await our queues without the children seeing us as if they did it would ruin the illusion. We did this and got changed into our costumes in 20 minutes which I thought was really good and professional.As a group the performance went really well, we all knew our queues and our lines and worked really well together, the costume changes were done in time and nobody came out of role, there for a bit of empty staging but I think this was due to the fact that we were in a new performance space and were not use to it. People were not coming off the right side and therefore ended up having to cross the back of the stage, but it was not obvious as it was in character.As an individual I think the performance was ok, the children booed as I came on as the teacher as they thought I was still the Wicked Witch, I think I did change each characters characterisation but the costume wasn’t different enough and I think they thought I was the Wicked Witch in disguise. Also when I did come on as the Wicked Witch they did not stop booing me, according to the video they booed me for a full minute.I was not expecting such a huge reaction and I just did what I thought my character would do and tell them to ‘be quite’ and ‘shut up’ I also did hand gesture of them talking, it was really tough to deal with as every time I went to talk they just started booing again. I then decided to stand there and wait for them to calm down which they eventually did. Although it was annoying I think the booing was a good sign as they believed in my character and really hated me as much as they were supposed to. As the teacher I think I did well in adopting a different role and I changed my voice and body language making everything precise.The audience interacted with everything and more and seemed to have a lot of fun. When Catherine and I did the chase scene the children loved the water gun being fired, as I ran through they grabbed my cape which I had to react to again in the way the Wicked Witch would I told them to ‘Get off before I turned them into frogs’ from this I learnt that my teacher character needs more of a disguise, that I need to hold onto my cape while running through the crowd and to react to the boo’ing at first but then stand there and wait or them to quieten down. When I melted as the Wicked Witch I melted to the side of the stage and therefore had to stay there for a little while, which I didn’t mind as I needed to catch my breath anyway, I had to pick the right time to move off the stage and therefore picked the time when Sophie and Jess were running as I though the audience’s attention would be on them, it turned out it was and I did pick the right time to slip off.When we were at the performance we had forgotten the limbo poll and the camera and therefore had to improvise with the limbo poll and use another poll at the school, we also used Catherine’s phone to record the performance. I think as an individual and a group we met the assignment brief as we engaged, entertained and educated, We engaged the audience as they interacted with all points possible, they were entertained as they all were shouting and reacting and they were educated as when the fairy god mother asked questions they knew the answers. Over all I think the performance was really good and went really well.

Brilliant Minds Essay Research Paper Running head

Brilliant Minds Essay, Research Paper Runing caput: BRILLIANT MINDS Brilliant Minds of Frank and Lillian Gilbreth Willie B. Hill, Jr. Southern Illinois University at Carbondale ________________________________________________________________ ELM-300 Introduction to Electronic Management Research Spring Semester 2000 Fort Gordon, Georgia Contentss Page ABSTRACT # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; .3 INTRODUCTION # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; 4 MOTION STUDY # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; .4 FATIGUE STUDY # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; .6 CONCLUSION # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; .. # 8230 ; # 8230 ; .7 REFERENCES # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; # 8230 ; .. # 8230 ; # 8230 ; .8 Abstraction Frank and Lillian Gilbreth were two of the great innovators of in the survey of Scientific Management. Two of there major Hagiographas were on Fatigue Study and Motion Study. Business bookmans use many of their Hagiographas, today. Many of their consequences affect the work conditions in many companies. Brilliant Minds of Frank and Lillian Gilbreth Frank Gilbreth was born on July 7, 1868 in Fairfield, Maine. Lillian Gilbreth was born on June 24, 1924 in Montclair, New Jersey. The Gilbreths # 8217 ; are considered two of the greatest American bookmans in the field of scientific direction. Many professional concern directors use many of their Hagiographas. Many of their Hagiographas include The Psychology of Management, Fatigue Study, Motion Study for the Handicapped, Applied Motion Study, Motion Study, Primer of Scientific Management, Bricklaying System, and Concrete System. One of the great literary Hagiographas by the Gilbreths was the survey of gesture. Gesture survey is a agency to permanent and practical waste riddance ( Gilbreth, 1917 ) . This work is aim to depict the work countries that gesture survey can be or is being applied and different methods to use to the survey. Finally, the consequence of the survey. Gesture survey was chiefly used in American Industry. The end of this survey was to extinguish unneeded attempt used in the industry to every bit low as possible. The betterment of a occupation undertaking while increasing productiveness was the consequence. The American industrial sector was used because it was spread outing during this clip and America needed to better industrial techniques to stay competitory against other states. Gesture survey analyzed every detailed in the operation to execute a peculiar undertaking and determined the method which used the least sum of energy. An illustration of this research is the assembly of piece used in the production of the braider manufactured by the New England Butt Company ( Gilberth 1917 ) . After analysis utilizing gesture survey there was a three hundred and 50 per centum addition in production with no addition in worker weariness ( Gilbreth 1917 ) . The analysis consisted of what is the unit of step, the difference methods used, an d devices needed. All three are needed to be incorporated to obtain a consequence. The usage of chronocyclegraph gesture devices was another method used in gesture survey. Chronocyclegraph devices were used in the survey to explicate a precise scientific decision to an probe. Clocks, temperature, and location devices was used during the survey. This was necessary to acquire the accurate clip of twenty-four hours, temperature, and topographic point a survey was performed. The information can be mention in the hereafter or the present by scientist and bookmans to compare other scientific consequences from gesture survey. The 3rd type used to make a decision in gesture survey was a gesture theoretical account. Gesture theoretical accounts were used chiefly in educational sector ( Spriegel 1953 ) . It dealt with the different methods of instruction by an person. The outline of the survey was that different methods are used to execute the undertaking than what is taught by the instructor. In one illustration, the instructor taught a individual who was unfamiliar with a topic a really thorough account on how to carry through the undertaking, which was really clip consuming ( Gilbreth 1917 ) . On the other manus, when really executing the undertaking the teacher used cutoffs that reduced the sum of clip to execute the undertaking ( Gilbreth 1917 ) . Another of the Gilbreths # 8217 ; plants was a survey of weariness in the workplace Fatigue is the fatigue from labour or effort ( Webster 1994 ) . This was designed to foremost, to find what types of business causes different sorts of weariness. Second, to measure how unneeded weariness can be eliminated. Third, to cut down the sum of weariness in the workplace every bit low as possible. Fourth, to find different methods to battle weariness. Fifth, to set the information gathered by the survey in a signifier that the mean worker can understand. The two types of weariness are necessary and unneeded. Unnecessary weariness is caused by work that uses more energy to carry through a undertaking than is needed or executing a occupation that should non be performed to make a end ( Myers 1953 ) . A good illustration of otiose energy is the work of the bricklayer. The method for centuries was for the bricklayer to raise his organic structure, the howitzer, and the bricks from the land to the top of the edifice ( Gilbreth 1916 ) . This type of work used a big sum of unneeded energy. Necessary weariness is caused by the achievement of any undertaking. For illustration, there might be an betterment to a work method, which resulted in an addition of productiveness by 50 per centum. Even though more work was accomplished in the same sum of clip it did non or can be expected to extinguish all weariness. One of the most effectual ways to cut down weariness is to better the work environment of an employee. The employer needs to guarantee a worker has adequate clip to rest and pass clip with the household at the terminal of the twenty-four hours. One of the ways to guarantee an employee is non exhausted is to supply a lunch period and at least one twenty-four hours a hebdomad off from work. Another method is to guarantee the proper equipment is used to execute a undertaking. The Gilbreths # 8217 ; did a survey, in which, they provided a lean backing chair to all workers in a company. After one hebdomad of usage the company addition productiveness with less worker weariness ( Spriegel 1953 ) . Proper lighting in the workplace is another manner to cut down weariness. If a workplace has excessively much or non plenty illuming the workers will tire at a greater rate because it will do changeless accommodation and re-adjustment of the eyes. Decision Improvement of working conditions is indispensable to increasing worker productiveness. The Gilbreths # 8217 ; dedicated their lives to contrive methods to cut down worker weariness and waste of unneeded energy. Many of their thoughts are incorporated to many Torahs passed by the authorities during the 1930s # 8217 ; and 1940s # 8217 ; . Failure of concerns to follow the rules of the Gilbreths # 8217 ; could ensue in lower worker productiveness and morale. An of import ingredient in a company # 8217 ; s profitableness is a good relationship with direction and the employee. Bibliography Mentions Gilbreth, F. , A ; Gilbreth L. ( 1916 ) . Fatigue Study. New York: Sturgis A ; Walton Co. Gilbreth, F. , A ; Gilbreth L. ( 1911 ) . Gesture Study. New York: D. Van Nostrand Co. Merriam-Webster # 8217 ; s School Dictionary ( 1994 ) . Springfield, MA: Merriam-Webster Inc. Meyers, C. E. , Spriegel W. R. ( Eds. ) . ( 1953 ) The Writings of the Gilbreths. Homewood, Illinois: Richard D. Irwin, Inc.