Weakness In Corporate Governance And Lack Of Transparency Accounting Essay Example For Students

Shortcoming In Corporate Governance And Lack Of Transparency Accounting Essay Shortcoming in corporate organization and insufficiency of transparence are viewed as reasons for the Asiatic monetary emergency. ( Wan et al 2010 ) . The corporate soils occurred in the mid 2000s encouraged controllers around the universe to oblige the clinical claim to fame to unwellness of the planetary financial stableness by establishment CG changes. For case, the Combined Code and the Sarbanes-Oxley Act were so presented and instituted in UK and US severally. As a worldwide financial and concern center point, Hong Kong will undoubtedly take its part of the broad effect of the Asiatic monetary emergency and the soils. Hong Kong Stock Exchange resolved to introduce the codification of CG useful from 2005, with comparative commissariats on financial disclosures known to man. A large portion of the surveies using US and UK informations showed that the nature of corporate organization designs has improved when houses conform to the commissariats of the codification. An investigation directed by an exploration crew headed by Professor Stephen Cheung in Hong Kong created a reliable result with those surveies ; it demonstrated that the CG model of Hong Kong recorded houses had been improved obviously in 2005. We will compose a custom article on Weakness In Corporate Governance And Lack Of Transparency Accounting explicitly for you for just $16.38 $13.9/page Request now 2.1.3. Acquiring Management While controllers mindful the issues about CG after the soils, the confirmation of financial specialists around the universe who depend on the announced total compensations on the monetary explanation to do their contributing judgments have been fundamentally shaken. Overall gains is ever the most significant file to quantify how a house performs. EM alludes to utilization of a house s overall gains through immediate or circuitous bookkeeping techniques to achieve a pined for degree and that does non mirror the financial world to mislead FS clients about the corporate open introduction or determining personal responsibility. To put it plainly, the examples of EM dissuade the believability of monetary inclusion. There is dozenss of observational explores grounds that great CG better the transparence of the quality financial inclusion which gives more choice valuable data to speculators regardless of the topographical area of the recorded organization. Some of GCG systems incorporate t he being of autonomous leading group of administrators, review commission, no CEO polarity, no Top Share ( directing investor ) , and investor s collusion so as to go up against telling investor. ( Werner R. Murhadi 2009 ) . 2.1.4. The alone attributes of Hong Kong Firms. A planetary codification of CG ought to non be applied as a standard among the universe credited to the alone scenes of each legitimate force. It is of import for controllers and examiners to comprehend the interesting attributes and local conditions influence the affectation of pull offing overall gains and the inclusion quality. Subsequently, Most of the investigates have done to investigate the connection between the CG examples and EM with US informations, only a couple of O f them examinations about the issues in different parts. A reason that an equivalent result will be closed while investigating HK data is questionable. The generally recognized family possession focus highlight of HK recorded houses is as yet considered as the significant supporter of the disappointment of CG considerably after the introduction of the codification. See the voting form utilize done by PCCW and the matter of Citic Pacific in 2009. 2.2 Literature reappraisal The exploration paper which look at whether the disclosure of Corporate Governance Structures influence the market rating of total compensations astonishments and houses overall gains bearing, Jui-Chin Chang and Huey-Lian Sun ( 2010 ) , proposed that the effectivity of corporate organization in regulating total compensations heading is improved after the ordered disclosure. This assurance is steady with the result of the exploration on CG and total compensations prognosiss exactness which upheld that it is useful to uplift the nature of monetary disclosure by changing the Malayan Code on Corporate Governance to elevate open organizations to actualize great organization designs. ( Ahmad-Zaluki et al 2010 ) . In any case, Davies and Schlitzer ( 2008 ) in their paper raised the request about the common sense of a global one size fits all corporate organization codification of best example and the outcome of the paper suggested that the confidence of a planetary corporate organization codification is constrained because of the renditions in the worry condition. Ching, M.L.K. et Al. ( 2002 ) in their exploration battled that CG components and checking and incident exercises will affect the utilization of EM, and the significance of these variables fluctuates across houses and national lawful forces. Since CG, the lawful condition, and observing exercises are far various in Hong Kong than in the U.S. , research surveies using American informations have constrained significance for HK. .ucebeb106c97a28e623ed2c71eb01b70c , .ucebeb106c97a28e623ed2c71eb01b70c .postImageUrl , .ucebeb106c97a28e623ed2c71eb01b70c .focused content region { min-stature: 80px; position: relative; } .ucebeb106c97a28e623ed2c71eb01b70c , .ucebeb106c97a28e623ed2c71eb01b70c:hover , .ucebeb106c97a28e623ed2c71eb01b70c:visited , .ucebeb106c97a28e623ed2c71eb01b70c:active { border:0!important; } .ucebeb106c97a28e623ed2c71eb01b70c .clearfix:after { content: ; show: table; clear: both; } .ucebeb106c97a28e623ed2c71eb01b70c { show: square; progress: foundation shading 250ms; webkit-change: foundation shading 250ms; width: 100%; mistiness: 1; progress: darkness 250ms; webkit-progress: obscurity 250ms; foundation shading: #95A5A6; } .ucebeb106c97a28e623ed2c71eb01b70c:active , .ucebeb106c97a28e623ed2c71eb01b70c:hover { murkiness: 1; progress: haziness 250ms; webkit-change: murkiness 250ms; foundation shading: #2C3E50; } .ucebeb106c97a28e623ed2c71eb01b70c .focused content region { width: 100%; position: relat ive; } .ucebeb106c97a28e623ed2c71eb01b70c .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; text-enrichment: underline; } .ucebeb106c97a28e623ed2c71eb01b70c .postTitle { shading: #FFFFFF; text dimension: 16px; textual style weight: 600; edge: 0; cushioning: 0; width: 100%; } .ucebeb106c97a28e623ed2c71eb01b70c .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; outskirt span: 3px; box-shadow: none; text dimension: 14px; textual style weight: striking; line-tallness: 26px; moz-fringe range: 3px; text-adjust: focus; text-enhancement: none; text-shadow: none; width: 80px; min-stature: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: outright; right: 0; top: 0; } .ucebeb106c97a28e623ed2c71eb01b70c:hover .ctaButton { foundation shading: #34495E!important; } .ucebeb106c9 7a28e623ed2c71eb01b70c .focused content { show: table; tallness: 80px; cushioning left: 18px; top: 0; } .ucebeb106c97a28e623ed2c71eb01b70c-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .ucebeb106c97a28e623ed2c71eb01b70c:after { content: ; show: square; clear: both; } READ: Foreign Direct Investment in China EssayA enormous extent of HK recorded houses are constrained by family units. At the point when a large portion of the results of experimental investigates bolstered the positive relationship between the CG instrument and houses overall gains quality, the alone attributes of Hong Kong is non being considered in those explores. An uncommon examination done by Jaggi, B. , et Al. ( 2009 ) utilized examples before the acknowledgment of codification of corporate organization and happen that a higher extent of autonomous corporate sheets of HK houses is related with increasingly strong observing to limit EM by debilitating chiefs from pull stringsing the announced total compensations ; accordingly the overall gains quality is required to be high regardless of contrasts in institutional conditions. Be that as it may, it is non the example of which the houses are family-controlled, either through proprietorship fixation or the nearness of family unit individuals on corporate sheets. 2.3 Objective While endless surveies have just finished with informations of parts other than HK about the relationship among CG and EM, some of them have other than accentuated on the independence of family unit proprietorship fixation in Asiatic parts. This review is accomplished for the purpose of estimating the effectivity of the Code of Corporate Governance Practices solid from 2005 on cut bringing down EM designs and bettering overall gains nature of HK Firms. Concentrate on the peculiarity of the Hong Kong Firms possession development to investigate whether mandatory disclosure of corporate organization structures improves the nature of monetary data of Hong Kong family-controlled houses. 2.4 Statement of theory 2.4.1 Indentifying Corporate organization The examination created by Dey, ( 2008 ) inspected that various states have distinctive corporate organization development. She thought about 12 factors of corporate organization to mensurate distinctive corporate organization development, for example, the effectivity of the review commission and division of CEOs, etc. To discover corporate organization, we would use five factors including a larger part free review commission, a lion's share autonomous board, financial expert holding adequate bookkeeping experience on the commission, huge 4 listeners and the partition CEO and seat place. 2.4.2 Audit commission and increasing quality Blending to Hong Kong Exchange and knoll constrained ( HKEX ) , after the acknowledgment of codification of corporate organization adequate that is in 2005, it is an absolute necessity for Hong Kong recorded organizations to set up a review commission, comprising non-executive

The Giver By Joe Smith Essays - The Giver, Jonas,

The Giver by Joe Smith The story begins as Jonas, a twelve-year-old kid, who is sitting tight for his life task. At the point when he is given his task, he is picked to be the Collector of Memory. As the Receiver he needs to get each memory from everywhere throughout the world from the old Receiver he calls The Giver. The Giver: The Giver is the man who is the old Receiver. He is likewise the person who gives Jonas the recollections. In the network were Jonas lives is everything is controlled, even individuals' memory. The Giver is the one in particular who isn't controlled. It is the Receiver's business to store the recollections of the network and give them to the following Receiver. Gabe: Gabe is a newborn child who was a piece of Jonas' dad's work that Jonas' dad brought home so he won't be discharged from the community(killed). Jonas' Family: Jonas' family isn't care for our concept of a family. They don't cherish each of there relatives like we love our own. There is no security between anyone. They shared there dreams at breakfast and there day at supper. Presentation of Characters: Lowry presents Jonas and his family, with Gabe, in addition to The Giver. Rising Action: Jonas gets the task of Receiver of Memory. Difficulty: Jonas discovers that not all recollections are pleasant. Strife: The contention is man versus man. Jonas can't turn down his task without being discharged. Peak: Jonas flees from the ideal network so that Gabe won't be discharged. Falling Action: People look for Jonas and Gabe. Goals: Finally Jonas and Gabe make it somewhere else, and they were sheltered. Setting #1: ?Now the scene was evolving. It was an inconspicuous change, hard to recognize from the start. The street was smaller, and rough, obviously not, at this point tended to byThe Giver By Joe Smith The story begins as Jonas, a twelve-year-old kid, who is sitting tight for his life task. At the point when he is given his task, he is picked to be the Recipient of Memory. As the Receiver he needs to get each memory from everywhere throughout the world from the old Receiver he calls The Giver. The Giver: The Giver is the man who is the old Receiver. He is additionally the person who gives Jonas the recollections. In the network were Jonas lives is everything is controlled, even individuals' memory. The Giver is the one in particular who isn't controlled. It is the Receiver's business to store the recollections of the network and give them to the following Receiver. Gabe: Gabe is a newborn child who was a piece of Jonas' dad's work that Jonas' dad brought home so he won't be discharged from the community(killed). Jonas' Family: Jonas' family isn't care for our concept of a family. They don't adore each of there relatives like we love our own. There is no protection between anyone. They shared there dreams at breakfast and there day at supper. Presentation of Characters: Lowry presents Jonas and his family, with Gabe, in addition to The Giver. Rising Action: Jonas gets the task of Receiver of Memory. Difficulty: Jonas discovers that not all recollections are pleasant. Strife: The contention is man versus man. Jonas can't turn down his task without being discharged. Peak: Jonas flees from the ideal network so that Gabe won't be discharged. Falling Action: People scan for Jonas and Gabe. Goals: Finally Jonas and Gabe make it somewhere else, and they were sheltered. Setting #1: ?Now the scene was evolving. It was an unobtrusive change, hard to distinguish from the start. The street was smaller, and rough, evidently not, at this point tended to by

Lizard People Essay Example for Free

Reptile People Essay Freedom Day in Los Angeles. Its estimated area was at what is currently the Hollywood Freeway close to the crossing point of North Hill Street and West Cesar Chavez Avenue, downtown. The slope was found one square north of Temple Street and a short separation south of present day Cesar Chavez Avenue, between the Los Angeles Civic Center and Chinatown. A little segment of the slope was not destroyed and stays on the west side of Hill Street on the north side of the expressway. Some portion of Fort Moore Hill got home to a graveyard, with the primary archived internment following back to December 19, 1853. Then again known as Los Angeles City Cemetery, Protestant Cemetery, Fort Moore Hill Cemetery, Fort Hill Cemetery, or just the graveyard on the slope, it was the citys first non-Catholic burial ground. In 1891, the site got home to the second area of Los Angeles High School (LAHS), situated on North Hill Street between Sand Street (later California Street, presently part of 101 Freeway) and Bellevue Avenue (later Sunset Boulevard, presently Cesar Chavez Avenue). LAHS was at this area on Fort Moore Hill until 1917, when the secondary school was moved once more. The vast majority of Fort Moore Hill was expelled in 1949 for the development of the Hollywood Freeway, which was opened in December 1950, and in 1957 a commemoration for the old stronghold and its American pioneers was set on a site north of the road. The stronghold is presently memorialized by the Fort Moore Pioneer Memorial. As indicated by a G. Warren Shufelt, a geophysicist mining engineer far below the core of Los Angeles money related area (Fort Moore Hill) several feet beneath corporate workplaces, and government workplaces lies another city. Underneath Los Angeles Downtown zone stands a lost city of mausoleums loaded up with fortune and records. A Hopi boss named Little Green told Warren Shufult that the evaporated races capital was situated in advanced Downtown Los Angeles. This city got from an Indian legend that an underground world was worked by a peculiar race that evaporated 5000 years back. This race is regularly alluded to as the Lizard People or Lizard men. Warren Shufult first knew about the Lizard individuals in the city of a Hopi Indian legend. Legend is that they were a race who had been almost cleared out by a meteor shower around 3000 BC. The reptile individuals at that point developed 13 underground settlements along the Pacific Coast. This was done to protect themselves against future hindrances. Each underground settlement is the thing that we bring in present day times a city, where was isolated to house a thousand families each. They likewise stored basics of life to keep up. So incredibly progressed experimentally the Lizard individuals built up a substance arrangement that dissolved strong bedrock to exhaust out the passages and rooms of their subsurface havens. This was managed without expelling any earth and rock. They additionally built up a concrete tar more grounded than any being used in present day times which they lined their passages and rooms. These passages were additionally built to hold a bounty of gold tablets that chronicled the historical backdrop of their reality, the root of humankind, and the account of the world back to creation. The Lizard individuals as indicated by Little Chief Greenleaf of the medication hotel of the Hopi Indians in Arizona, were of an a lot higher sort of mentally than present day people. The scholarly achievements of their multi year old youngsters were equivalent of those of present day school graduates. As indicated by the columnist Jean Bosquet of the Los Angeles Times in 1934, Warren Shufelt started o drive a pole 250 feet into the ground on North Hill Street, sitting above Sunset Boulevard, Spring Street and North Broadway. Warren Shufelt built a radio x-beam for recognizing the nearness of minerals and passages beneath the outside of the ground. This was a contraption with which he says that he has followed an example of tombs and vaults shaping a lost city. The radio gadget comprised of a barrel shaped glass case with a fall joined to a copper wire.

Comparing Pnin, the Displaced Russian, to Humbert Humbert, the Generic European.  - Literature Essay Samples

Humbert Humbert (HH) and Timofey Pnin are complete opposites. HH is assertive and is ready to do everything to reach the goals he sets himself, may it be to master a foreign language or to use his abilities as a manipulator to trick the reader into relativizing his crimes. On the other hand, Timofey Pnin is impotent, and socially awkward, and is being manipulated by his ex-wife. Their only similarity lies in that they both are never idle. This essay will compare both HH and Pnin through their identities as immigrants, their use of foreign language, their manipulator-manipulated relationship, and their constant travels. Though these characters are markedly different, both of Nabokovs creations help us understand how Nabokov himself grappled with the issues of emigration and displacement that were central to his own life. Cultural â€Å"Other† and the use of foreign language Timofey Pnin hails from a wealthy family, he is half-German and half-Russian (p.21-22), which emphasizes his identity as an eternal foreigner. Pnin, like Nabokov, first left Russia because of the Bolsheviks’ coup d’à ©tat, and then left Europe because of World War 2 (p.34). In the case of Timofey Pnin, the cultural otherness is a weakness manifested in his inability to ever feel at home. The narrator’s use of foreign language and his insistence on Pnin’s foreignness adds to the overwhelming feeling of alienation. The reader cannot forget for one moment that Pnin is not American. For instance, Pnin uses Russian in emotionally charged moments â€Å"Slava Bogu† p. 19 which is typical of people who speak in foreign languages. Foreign curse words, or words that simply express surprise or shock tend to have a stronger meaning in one’s native language (Toivo, 2017).The narrator also creates â€Å"Pninian† (p.15, p. 39, p.66), Pninzing (p.35) , Pningrad (p.63), and indicates that Pnin makes up words â€Å"Englishing the Russian for receipt† (p.18). Also, the narrator provides the reader with verbatim quotes of Pnin’s very poor English â€Å"What to do† (P.17), â€Å"I search John† (p.59), â€Å"Cannot exist in such big sea† (p.60) to emphasize his otherness. Pnin crosses his legs â€Å"po amerikanski† (p.33), which here is likely written in Russian to remind the reader that Pnin is first and foremost a foreigner even if he crosses his legs as Americans typically do. The narrator does not spare Pnin, and mentions that â€Å"If his Russian was music, his English was murder† (p.66), later referring to Pnin’s inability to adapt to the Julian calendar when he mentions that Pnin simply stopped celebrating his birthday (p.67) when he moved to the West. This incapability to assimilate also prohibits Pnin from making friends with American professors who imitate him behind his back (p. 37), are anti-Pninists (p.141), consider him a joke (p.140), or call him a freak (p.32). The awkwardness of his interactions with American professors are portrayed by his inability to understand jokes â€Å"I have reservations, first of all, logic –† (p.60) and seems to be showing off when he cuts his colleague in the middle of a story to tell him that â€Å"water in Turkish is ‘su’† (p.33). Moreover, even the electricity is described as foreign to Pnin: â€Å"amerikanski electricity† (p. 77). Likewise, the narrator uses Russian words or adds a Russian accent to American landmarks such as Reeverside (p.62), Tsentral park (p.62), and Soedinyoniie Shtatii (p.11), hence once again using language to widen the gap between Pnin and his surroundings. However, the use of foreign language in Lolita does not accentuate Humbert Humbert’s (HH) â€Å"otherness†. HH, like Timofey Pnin, is of mixed descent (p.9), but his identity as a foreigner does not define him; he is defined by his complete lack of a moral compass. Nabokov could very well had created HH as an American character. HH’s English is not taxed by his insertion of French words â€Å"eh bien, pas du tout!† (p.105), â€Å"Enfin seuls† (p.119) â€Å" Comme vous le savez trop bien, ma gentille† (p.149), â€Å"que dis-je† (p.168), etc. HH sounds more like the literary version of a bilingual Montrealer than an immigrant in a foreign country who is unsuccessfully attempting to assimilate, since his process of assimilation is now complete and HH now masters the English language â€Å"the reader will notice the pains I took to speak Lo’s tongue† (p.149). In short, while Pnin’s otherness makes him a social outcast, and his colleagues laugh at him when he announces that he will â€Å"soon be considered an American† (p.37), HH pretentiously uses French to stand out from the American masses, and is hence willingly alienating himself (although in a positive fashion). Manipulator-Manipulated HH is a manipulator while Pnin is victim of a manipulating ex-wife. Indeed, she seduces him â€Å"you Timofey are the water father† (p.55) even though she simply wants his money (p.57). Pnin is completely in love with Liza â€Å"I offer you everything that I have† (p.183) even though he knows she got pregnant from Eric in an extramarital affair. Pnin truly is a mere slave to his desires â€Å"to hold her to keep her [†¦] with her cruelty, with her vulgarity† (p.57) whereas HH tries to convince the reader that he, like Pnin, is merely a victim of his strong feelings towards an underaged girl. Much like Liza Wind, HH attempts to manipulate the reader to using post-modern humor and word play (p.184). As I already mentioned[1], HH uses humorous descriptions to trick the reader into ignoring the gravity of his actions: he was committing statutory rape. Further, as a classmate correctly noted[2], HH murders Quilty and attempts to dehumanize his victim with his use of language. He uses black humor in replying to his victim saying that he’s â€Å"dying for a smoke† with â€Å"you’re dying anyway† (p.296). In short, Pnin is a poor victim of manipulation throughout the novel whereas HH is an expert manipulator. Displaced Russian and Pervert European Timofey Pnin’s identity as â€Å"the other† is not limited to his incapacity to speak English and to his social awkwardness. He always appears to be a misfit, wherever he finds himself. For instance, the novel begins with him being on the wrong train (p.8) right after the narrator informed us that Pnin has moved from Russia to Prague, from Prague to Paris, and from Paris to America (p.8). Pnin formulates his desire to be alone during his apartment-search: â€Å"privacy is absolutely necessary† (p.34) and complains that there are â€Å"too many people† (p.34) in rural America. Indeed, â€Å"nothing was quiet enough for Pnin† (p.63). He is a permanent exile and is always out of place (displaced Russian). He would also express his desire to feel at home in â€Å"pninzing†(p.35) or having pninized (p.69) his new home, but he would be forced to change lodging every semester (p.62). Pnin also spends a summer teaching in Washington (p.69).He only ap pears to find himself at home when he is surrounded by fellow Russians â€Å"only another Russian could understand† (p.71) and feels comfortable chatting with his friend Chateau â€Å"of pure Russian lineage† (p.125). The library is another of the very few places in which Pnin feels at home since it is â€Å"intimately and securely connected to Pnin’s heart† (p.72). Furthermore, Pnin teaches Russian literature in the German department with Dr. Hagen (p.139), and there is also indication that he is teaching Russian at the wrong university since there is only one student of Russian (p.9). As previously stated, HH is, much like Pnin, of mixed descent. His generic European identity perhaps helps him be a better fit in the American society than Timofey Pnin, since HH has after all never left the West. HH attended an English day school in France and mentions frequent trips to Italy which he remembers fondly (p.11). HH’s travels do not seem forced like Pnin’s do, and the reader gets the impression that HH only seems out of place when he is â€Å"forced† to stay in the same place because of his feelings towards Lolita. Indeed, it is his pedophilia and perverse thoughts which make him seem out of place, not his identity as an immigrant. When HH recalls his childhood memories, he remembers that his father â€Å"taught him everything about sex† (p.11). This detail stands out of an otherwise typical description of someone’s youth. HH, like Pnin, is always moving, although in a much more casual fashion. For instance, he mentions that â€Å"we passed and we passed through the whole gamut of American roadside restaurants† (p.155). Here, the word choice indicates that his travels in America were positive. Was Nabokov More Pninian or Humbertian? Lolita (1955) and Pnin (1957) were almost published at the same time, and it appears that Pnin and HH both show a different side of Vladimir Nabokov’s identity as a foreigner. In interviews, Nabokov is at times very Pninian, whereas in other instances he sounds more like HH. When Nabokov speaks in French[3]or English[4] his slight charming accent does not make his audience uncomfortable. In his famous Playboy interview, Nabokov refers to himself as a â€Å"a perfectly normal trilingual child in a family with a large library† (Toffler, 2018). In this sense, Nabokov is more Humbertian than Pninian. In an interview conducted by one of his former Cornell students, Nabokov mentions that he remembers the â€Å"pang† of switching from being a Russian writer to an American writer (Appel Jr., 1967), which is similar to HH saying that he remembers how hard it was for him to learn Lolita’s language (p.149). He also mentions having traveled extensively much like HH an d Pnin (Toffler, 2018). Nonetheless, Nabokov also has a Pninian side. Nabokov says that he never permanently settled anywhere in America because â€Å"nothing short of a replica of my childhood surroundings would have satisfied me† (Toffler, 2018). He also mentions that he was an American writer while living in Switzerland, and wrote Russian language poems in Berlin and New York, all of which indicates that he always was â€Å"out of place† like Pnin. He had to invent America after having spent his entire life inventing Russia (Toffler, 2018). Nabokov also spoke of his aversion to groups (Appel Jr., 1967) hence hinting at the fact that he is a non-conformist like Pnin. Nabokov also fondly remembers his ability to access magnificent libraries (Appel Jr, 1967), one of the few places where Pnin felt at home, a positive memory of his time as a university professor. To conclude, both Pnin and HH show facets of Nabokov’s peculiar identity as a Russian à ©migrà © writing American novels. In interviews, he sometimes characterized himself as perfectly fitting the American mold despite his background (like HH) whereas at other times he speaks of his permanent otherness (like Pnin). Works Cited Appel Jr., Alfred. An Interview with Vladimir Nabokov. Wisconsin Studies in Contemporary Literature, Spring 1967, 127-52. Accessed April 12, 2018. https://www.jstor.org/stable/pdf/1207097.pdf. Nabokov, Vladimir. Pnin. NY, NY: Vintage Books, 1989. Nabokov, Vladimir. Lolita. London: Penguin Books, 2015. Renaud, Maxime. Postmodern humor in Lolita, March 24th 2018 https://mycourses2.mcgill.ca/d2l/le/304926/discussions/topics/143485/View Last consulted on April 11th 2018 Roger, Anais. HH kills Quilty, March 25th 2018 https://mycourses2.mcgill.ca/d2l/le/304926/discussions/threads/551052/View Last consulted on April 11th 2018 Toivo, Wilhelmiina. Bad Language: Why Being Bilingual Makes Swearing Easier. The Guardian, March 27, 2017. Accessed April 12, 2018. https://www.theguardian.com/science/blog/2017/mar/27/bad-language-why-being-bilingual-makes-swearing-easier. Toffler, Alvin. Playboy Interview: Vladimir Nabokov. Playboy, January 1964. Accessed April 12, 2018. http://reprints.longform.org/ playboy-interview-vladimir-nabokov. [1] Maxime Renaud, Postmodern humor in Lolita, March 24th 2018 https://mycourses2.mcgill.ca/d2l/le/304926/discussions/topics/143485/View Last consulted on April 11th 2018 [2] Anais Roger, HH kills Quilty, March 25th 2018 https://mycourses2.mcgill.ca/d2l/le/304926/discussions/threads/551052/View Last consulted on April 11th 2018 [3] Please see: https://www.youtube.com/watch?v=RpjTgHMUbAk [4] Please see: https://www.youtube.com/watch?v=8171K40pJhot=853s

IB Topics Paper Preparation

IB Topics Paper PreparationHow to get a 7 on the IB topics paper is not that difficult once you have made your selection of the subjects you wish to study. You need to know exactly what areas that are going to be covered in each subject area. You should know the specific objectives and goals for each subject area before you begin the entire IB topics paper preparation process.Once you have made your selections, then you can start the IB topics paper preparation process. Once you have identified your subjects, you will need to decide which of the IB topics will serve as your planning area. The IB curriculum has a number of subjects, and it is important to determine which ones you will be studying. Your topic selection should focus on three areas: writing, learning and problems solving.Before you begin IB topics paper preparation, you should establish how many subjects you will be covering and the topics that will be the foundation of the IB curriculum. The IB curriculum covers a varie ty of subjects including English, Math, Social Studies, Science, Humanities, Geography, and others. Before making your choice of topics, you should determine the total number of subjects that are required to complete your degree. This number should include the basic sciences, the humanities, social studies, math, foreign languages, business, arts and other special areas. You should also include the areas of specialization that you plan to pursue.After you have determined the number of subjects required to complete your IB degree, you can start the IB topics paper preparation process. The first step in IB topics paper preparation is determining your interests. Start by identifying your major, or area of concentration, and list the subjects that will fulfill the course. Then list the areas of concentration that you intend to explore for each of the subjects you intend to cover. This will give you a starting point as you move through IB topics paper preparation. When you are working on your IB topics paper, the topics will serve as your planning area. The topics will help you to identify and outline the goals and objectives that you have for each of the subjects you will be covering. It will also help you to determine the overall learning approach you will take in each of the subjects.It is important to develop a plan for the specific times of the day you will work on your IB topics. For example, if you are studying Math topics at night, then you will want to schedule that time of the day. If you are studying English topics at night, then you may want to set aside some time during the day. Most of the time, when you are doing IB topics paper preparation, you will be assigned topics and this will help you to focus and manage your time better. Since the topics are included in the IB curriculum, it will not be difficult to complete the IB topics paper in a timely manner.You will want to develop a learning strategy for each of the IB topics that you choose to cover. A good learning strategy for each subject is for you to learn about the subject as much as possible. It is important to learn the fundamentals and the main points that will help you learn the rest of the information. Take time to research the topic, so that you can have a good idea of what to expect when you are doing the IB topics paper.With a little planning and some careful attention to detail, you will be able to prepare for the IB curriculum. You will be able to learn and understand the curriculum and the methods that are used to teach the IB curriculum to students in the classroom. In addition, you will have an idea of the objectives that you have for each of the IB topics that you choose to study and you will be able to perform better when it comes to the IB topics paper preparation.

Essay on Criminology - Advanced Surveillance - 3236 Words

How effective are CCTV cameras as a proven crime control and prevention measure? Describe the crime control literature which attempts to assess their efficacy and evaluate the impact such studies have had on overall proliferation of these systems. Illustrate your answer by reference to both official reports and academic and NGO studies supporting or contradicting such claims. This essay will aim to critically discuss CCTV cameras as a proven method of crime control and prevention tool. In order to analyse academic, official and Non Government Organisation (NGO) studies, it is important to consider the rise of CCTV. CCTV is the one of the fastest growing forms of surveillance and crime control in the UK. CCTV was gradually diffused†¦show more content†¦(Privacy International; 1992) The government believes that CCTV deters opportunistic crime such as , vehicle crime, burglaries and robbery. Research assessing the effectiveness of CCTV; confirms that it is effective in reducing property crime such as burglary and robbery. The ‘rational choice theory’ can be used to explain this belief. This theory suggests that, delinquent individuals seek to maximise their profits and reduce their losses. This is dependent on the information that is available to them at the time of committing the offence. (Cornish and Clark 1985) CCTV then, reduces the opportunistic gain and increases the risk of being caught. (Armitage 2002; 3) However Jason Dutton, Director of the Scottish centre of Criminology stated that glowing reductions in criminogenic behaviour since implementation of CCTV systems, is a fantasy (Privacy International; 1992) Dutton’s statement could be rationalised when reflecting upon crimes such as public disorder. Reflecting back to the rational choice theory: Crimes that have involved alcohol consumption appear to reduce the perpetrators ‘rationality’, and thus the risk of being caught in CCTV is reduced. (Armitage 2002; 3) CCTV cameras are creating high levels of conviction. According to privacy International, nearly everyone who recorded by CCTV committing a crime pleaded guilty. For example, In Newcastle, the installation of 16 camera system resulted in a 100% increase of guilty pleas. Privacy International also foundShow MoreRelatedPolice and Law Enforcement Essay example604 Words   |  3 Pagesweapons of crime commission, yet is provides police agencies and criminal justice personnel with powerful tools useful in the battle against crime,† (Criminology Today, Frank Schmalleger, pp. 385). Criminology will always be linked to technology, even if that technology is seen as primitive or groundbreaking. 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Some Major Parts of Industrial Relations in Bangladesh Essay Example For Students

Some Major Parts of Industrial Relations in Bangladesh Essay Trade union Trade union is an organization foresees. It is formed with a view to improve the condition of workers in the organization and in society and also for collective with management. A made union bridges the relationship between workers and workers and also between workers and employers. Trade union is an organization of workers formed to promote, protect and improve through collective action, the social, economic and political interests of its members Nature of trade unions of Bangladesh: The nature of trade union varies from country to country because the philosophy, mentality, political situation, ideology f trade union leaders and workers etc. Vary widely. Trade unions are subdivided into different parts. Their interval collision forbids them to unite and the The trades unions of Bangladesh are highly politicized. They are subordinated to different political parties. Trade unions in Bangladesh are structurally vary weak. Trade unions take part in different job related move ments as well as political movements not related to their jobs. The leaders of trade unions are very much concerned about their own selfish interests rather than the interests Of heir followers. Our trade unions are financially and structurally vary weak to face the united strength of their employers. The leaders of trade unions are autocratic in their behavior. Hardly they to listen to the genuine grievance of workers. There is a death of knowledgeable union leaders. Lack of knowledge about labor laws makes the leaders ineffective to safeguard the interests of workers visitvisit employers. The general workers have little faith in the integrity Of trade unions leaders. Objective of trade union:- To ensure standard wage rate for workers To help determine proper working conditions like working hours, leave, social, security etc for members To ensure job security of the workers, To protect the interests of workers ibis-a-visit the invests of the society. To reduce conflicts between wor kers and management of the organizations To ensure participation of workers in the profit of the organization. To develop job status of the workers To increase self-confidence and class consciousness of the workers so that they can work with dignity and avoid being exploited. TO bargain with management through ABA for different issues involving workers interests. To ensure participations Of workers in decision making With management in the organization. To remove the financial incapability of the workers and to protect them from autocratic mentality Of management. Trade union Structure in Bangladesh: The trade unions structure of Bangladesh is compared of the following three components: Basic unions: the leaders of such trade unions are elected by the direct vote of the workers. There are more than four thousand registered basic trade unions in Bangladesh. A) General trade union: Any workers or employee Of the respective enterprise, sugarless of the jobs, can be a member of this typ e of trade union. ) Industrial union: this kind Of trade unions is formed by the workers of an enterprise belonging to a particular industry like jute industry. Footwear industry, garment industry etc. C) Conflict union: this kind Of union is formed by the skilled workers of different industries; each member is skilled in one profession. D) Blue collar union: blue collar union is formed with those workers who are directly related to production. This type of union helps a decisive role in labor movement. ) White collar union: this sort of union is formed with the employers/ staffs of an enterprise who are directly related to production f) Reined union: this kind of union is formed with blue who blue and white collar employees together. The member of such unions is both production workers and office employers of the same organization. G) CAB union: such unions one bargaining agents of workers. They are elected by workers for a definite Industrial federation: Industrial federations are formed with the affiliation of different basic unions belonging to a particular industry. Industrial federations help solve job related issues of the workers through discussion with the management. This kind of federations of unions cans e embers of different national and industrial federation. National federation: national federation act as co ordinations Of affiliated basic unions and industrial federation. At present many national federation are united under are banner called SKIP but many federations have political affiliation for Which the labor movement cannot reach the desired goal. Challenge of R: Emerging trends and Issues:- Liberalizing has been forced by globalization. Both phenomena have been facilitated by the significant growth in world mode and foreign direct investment in recent years and why information technology which has facilitated rapid uncial transaction and change in production and service locations around the world. Globalization: there is no preparation to incite. The challenges of globalization the parties involved in the industry behave differently in the new circumstances. Important liberationists: FAD will be discommoded and industrial base would not be enough to sustain the economic growth tooth country. Prevarication: It will benefit management. But the employees have to be skilled and efficient enough to survive in the employment war. Information technology: Industrialization can be possible only through information technology. It ill help to sustain economic growth. Downsizing: Due to increased competition, some firms have become small er and others have been compelled to downsize their business. Reengineering: it is an inevitable phenomenon of globalization to maintain cost-effectiveness of a firm. Workforce diversity: In this time of global competing, employees any have multidimensional shill so hey can meet the various needs of the fir, at the time of need. Service and productivity movement: it is new trend In the developed world and it is becoming a global standard in the developing country as bevel_ Total quality movement: he current market is a consumer market and the producers and bound to maintain quality Of their goods and services as per the expectation Of consumers. Free flow of manpower: that the employee from different of the world Will move to their preferred place to utilize their shill and earn their just dues inevitable in this age of global competition. Managerial Obsolescence: to face the challenges of ever changing world of equal standard manager must make themselves equipped with the required managerial skills for sunning their forms in a cost effective way. Economic condition and social pressure: the employee s the developing countries suffer from economic conditions it they lose their job failing to improve their efficiency and productivity. Employee involvement and participation:- Typology of forms: there are a variety of ways in which bridge the gap not least. Through joint consolation and collective bargaining and these may be differentiated by reticence to three constituent elements; Method or extent, Direct forms allow employees to be personally and actually involves in the decision making process, indirect forms . The mans of employees to a relatively passive role and rely on employee representation to carry on the active role of session and deliberating with management on their behalf. Level within the organizational hierarchy: the process can tale place at any level, from the of the employees immediate work situation both broad level. Objective or scope: the managerial function and decisions which provide the content Of the participatory process may be task centre or power centre. Industrial rules: Withdraw Of co-operation: Withdraw Of representative from institution. Excessive of the formal procedures interpreta tion of any status co provisions. Absence Of flexibility on the part Of employees and their representatives in the resolution of work problems. Work to rule: strictly interpreting the duties specified in the contract of employment, collective agreement, job description or other rules and requiring precise instruction from management regarding the execution of work. Overtime bonus: collective refusal the work outside normal contractual hours of work, thereby affecting the role of production. Go slow: willing without enthusiasm and at a lower lever of performance than normal. Strike: temporary withdrawal of labor and stoppage of work, Work in: occupying the workplace and possibly continuing to work but management access to or contrast of the output. Industrial action process: The legal framework: at common lava a shrike is both a breach of the individuals contract of employment and a collective restraint of trade. But because it can be regarded as socially necessary industrial action has been given a degree of protection by statute law. Trade dispute: trade dispute contained in the trade disputes act (1906) any dispute between employers and workmen or between workmen and workmen, which is connected with the employment or non-employment or the terms of employment, or with the conditions of labor of any person. Drop The Bomb? (Better Version) EssayNegotiations encounter: The other Para also hired to do the same as the first part of negotiations. Its called the negotiations encounter. Termination: Successful negotiation result in termination, Pay: Paeans momentary benefit given to employee tar their work. There in another essence to pay and that is called wider sense. The range of financial benefits given to the employees for their work. Working arrangement: Means the way jobs are constructed and labor are used (activity that related to organization deeds. Describe/ Factory the determining to pay: (1) Squibb policy, (2) Cost of living (3) Compatibility (4) Profitability (S) Productivity (6) Gobo. Policy (7) Trade union. Working arrangement: Productivity bargaining: employees formal changes in a series of often interrelated working arrangements which may hinder the reticent utilization of labor. New technology agreements: Trade unions tried to ensue that the introduction of new technology was subject to collective agreement and that is benefit were reflected both in the terms and conditions Of the employees and in impending employment. Labor flexibility: The twin concepts of flexibility and core/periphery employees achieved prominence as possible elements Of managements strategy to become more competitive while at the some time, being reluctant to recruit more full time permanent reemployed. Grievance: The term procedure refers to those organization mechanisms which provide a formal regulatory frameworks for handling specified issues and in so doing define and limit the exercise of managerial authority and power. Grievance produces: The purpose of a gruesome is to establish the organization climate, objectives and manner in which manger will be expected to respond to any grievance or dispute presented by employees. Grievance process: (l) Industrial love: means that it may be used by employees or union to rename that management complies with the terms any collective agreements or its own policies and decisions. (2) Continuing administration of collective agreement: means that few of its provisions apply autocratically or without some parsons in authoring making decision about the nature of given situation and the making of the agreement. 3)Fractional bargaining: The grievance process may be used to each agreement on issues not overfed by the terms of enlisting collective agreement. (4) Resolution of any failure to agree which arises during negotiation: It is to this accept of its families as a formal part of the main collective bargaining system, that the term dispute may be most appropriately replied. Operations process/ Main consideration in the process g. P. 1. Work satisfaction: The satisfaction which employees seek from work both extrinsic and intrinsic Will vary both between employ and within each employee overtime. . Esoterically system: Increased formal used of the grievance/dispute recess may arise structural feature associated With the relationship Of the employees the their work and management. 3. Change and adoptions: The grievance process allows employees to challenges change obtain assurance that it is necessary and influence the change so that it causes the least disruption to them. 4. Power and authority: A management wishes to satisfy employees by finding a mutually acceptable solution, the grievance process is part of joint regulation within the organization. Short note: Job redundancy: Where a particular job cases to exist part the recumbent employee are founds alternative work with the organization. Discipline: Discipline means rules and regulation for conducting human life, Discipline in industrial relations is regulated through a pervasive system or both formal and informal assignments intended to ensure that the employees conform to the behavior performance standards necessary for the achievement of the organizations business objectives, Medicinal the disciplinary process: Disciplinary process: I _ Legislative phase: 2. Interpreting phase: Administrative or Judicial phase: (i) Setting standards: Definition of desired standards of performance or behavior. These may be codified in a specific set of disciplinary rules or, more keel in some farm of general organization rules. (ii)performance assessment: Assessment of the employees performance or behavior against these standards.. (iii) Action/mechanism: The control mechanism itself to implement corrective action by means of sanctions when the accessed initial performance. Iv) Feedback: On the effectiveness of the corrective action by assessing whither the resultant performance or behavior of the employee now confirms to the designated standards. (v) Disciplinary action: Negative aspects of disciplinary action. Implementing disciplinary actions: 1. Verbal warnings: This is the most frequent and least sense penalty. It is necessary to distinguish between informal verbal warnings, which one not part of the formal disciplinary procedure. He formal verbal va rying should be recorded and the employee provided with written confirmation, 2, Written warnings: Should clearly state the offence far which the employee in being disciplined. 3. Suspension: It is important to distinguish between a precautionary suspension pending a disciplinary investigations and a disciplinary suspension without pay as a sanction within the formal disciplinary procedure. 4. Transfer or demotion: The contract of employment unless they are clearly allowed within the contract or management sense the employees consent to any transfer or demotion. 5. Fine and deductions form pay: In the nineteenth century it was common far the employer to fine the employee far breaches Of the rules. But today this has kinetically ceased. This problem has always been that if the amount of the fine was small them if had little effect, but if it was large it could involve the employees in financial leadership and lead to assessment. 6. Dismissal: A dismissal should only take place when there is no other alternative amiable. In his event the employer should ensure that the dismissal is fair and reasonable and in accordance with both the disciplinary produced and legal framework. . Identify the contains of C. B? The contains of C. B are three brand areas to activities. These are- (i) Substantive area ? Terms Conditions (a) Related to work in a totality. (ii) procedural area ? Rules Regulations. Rules regulations concern with managerial relations. Managerial relations induce exercise of managerial authority and the participation of employee and thei r representative in organizational decision making. The specific activities are- ) Regulatory framework b) Managing tuition. C) Control of hacker. D) Protection Of employee desired against management. ) Certainty of organizational relationship. (iii) Patterning area ? Working arrangement / Working setup. Working arrangement refers to defining the nature of the work and the way the work is to be done by employees. It is primarily associated the development of bargaining and the organizational level. Its functions are- a) Productivity ? unit productions in unit time. B) New technology ? Means new devices made out of science. C) Flexibility agreement . Accommodation nature of agreement. . Identify the levels at which C. B take place? Three levels ? (i) Plant/Factory levels ? Is the basic or micro level unite where negotiations are conducted between the management to the current plant and the collective bargaining agents of that plant, (ii) Industry level Employees are several units in the same industry in the band together and form and association which negotiates which a federation of trade unions, (iii) National level The representative of the trade unions and of the employees at the national level negotiates on arrive at statement. 3. What do you mean by industrial democracy? The pressure of employee involvement an employee participation in industrial environment. Determine the state of industrial report. It is also called wonders controlled or employees controlled. 4_ What do you mean by employee dissatisfaction? Dissatisfaction means a grave and negative conditions preserving among the employees due to unfulfilled of the expectation. 5. Consideration for implementers disciplinary nations? (i) Representation ? Most procedures allow for the employee to be accompanied by a union representative or fellow employee. The rule Of the union representative is clear to present the employees case and to ensure hat management conducts the interview and disciplinary process in a fair and reasonable manner. (ii) Apparels ? Provision must be made for the employee to be able, within a specified time limit, to appeal against any disciplinary action to a higher level of management. (xiii Wiping ? To move from one level to sanction to the next does not require the employee to commit a further act of indiscipline of a similar nature.

Maybank S Core Values As Organization Values Accounting Essay Essay Example

Maybank S Core Values As Organization Values Accounting Essay Essay Introduction Khoo Teck Puat went to work for OCBC, get downing his calling as a simple bank clerk. By the 1950s, Khoo had risen to a place of senior executive. By the terminal of the decennary, nevertheless, Khoo recognized that his chances at OCBC remained limited. Given the deficiency of farther promotion unfastened to him at OCBC, every bit good as what he considered the company s narrow position on its hereafter, Khoo decided to put up his ain bank and applied for a banking licence. That licence was granted to Khoo and a figure of other OCBC executives who left the bank to organize Malayan Banking Berhad in 1960. We will write a custom essay sample on Maybank S Core Values As Organization Values Accounting Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Maybank S Core Values As Organization Values Accounting Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Maybank S Core Values As Organization Values Accounting Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Malayan Banking Berhad or Maybank was incorporated in Malaysia on 31 May 1960 and commenced operations on 12 September 1960. On 17 February 1962, Maybank was listed on the so Kuala Lumpur Stock Exchange ( today Bursa Malaysia ) . Maybank is today among the top companies by market capitalization on Bursa Malaysia. Maybank is Malaysia s largest fiscal services group with entire assets transcending RM330 billion. The Group has an extended planetary web of 1,750 offices in 14 states viz. Malaysia, Singapore, Indonesia, Philippines, Brunei Darussalam, Vietnam, Cambodia, China, United Kingdom, U.S.A. , Bahrain, Papua New Guinea, Pakistan and Uzbekistan The Group offers a comprehensive scope of fiscal services and merchandises runing from commercial banking, investing banking, Islamic banking, cards issue, offshore banking, leasing and hire purchase, insurance, factorization, legal guardian services, plus direction, stock broking, campaigner services, venture capital and Internet banking. Today, the Maybank Group has over 40,000 employees who serve over 18 million clients worldwide, with 9.5 million clients in Malaysia entirely. MAYBANK S CORE VALUES AS ORGANIZATION VALUES Beginning: www.maybank2u.com.my Maybank has five nucleus values as foundation of concern which came out from their Logo ( T.I.G.E.R ) , all its staffs are guided by five nucleus values, which they are to uphold, emulate and body these values in their day-to-day working lives. A DECISION MAKING PROCESS Decision doing procedure is an of import function for senior direction to guarantee sustainability of its administration success. Due to excellence amp ; efficiency as one of its cardinal value, transparence is really of import in determination devising procedure. For illustration, the composing of the Board reasonably reflects the involvement of the bulk stockholder, which is adequately represented by the assignment of its nominee managers without compromising the involvement of the minority stockholders. The influence of the campaigners for the major stockholder of Maybank is balanced by the presence of the independent managers on the Board whose corporate positions carry important weight in the Board s deliberation and decision-making procedure. In this respect, the independent managers are in consequence stand foring the involvement of the minority stockholders by virtuousness of their functions and duties. The independent managers do non take part in the twenty-four hours to- twenty-four hours direction of the Group and do non prosecute in any concern dealing or other relationships with the Group in order to guarantee that they remain genuinely capable of exerting independent judgement and act in the best involvements of the Group and its stockholders. Further, the Board is satisfied and assured that no person or group of managers has unchained powers of determination that could make a possible struggle of involvement. The Board believes that the quality of its managers, each of whom offers a wide scope of accomplishments, cognition and experience, ensures that they are able to dispute, develop and drive the Group s vision and scheme, and that the administration criterions are continuously upheld. The Chairman will ever guarantee that the Board s determinations are based on consensus of the bulk, and any concerns or dissenting positions expressed by any managers on any affairs deliberated at meetings of the Board or any of its Committees every bit good as the meeting s determination, will consequently be addressed and recorded in the relevant proceedingss of meetings. The nucleus values are non merely intend for the direction squad, it besides has affects its in-between direction, line directors and its staff. The nucleus values are the guideline for its staff to base at for determination devising procedure. For an illustration, if the supervisor is measuring their staff public presentation, it will be made base on its nucleus value on how the staff has met the ends set upon them such as Teamwork, Integrity, Growth, Excellence A ; Efficiency A ; Relationship Building. POLICIES A ; PROCEDURES Policies and processs are the nervus of an organisation. Its failure will hold inauspicious impact on company s public presentation. As such, Maybank has ensured conformity with internal control, and the prescribed Torahs and ordinances by the regulators. These policies and processs are set out in the Group s Standard Practice Instruction and updated from clip to clip in tandem with alterations to the concern environment or regulative guidelines. As unity is one of its cardinal value, they has established necessary controls to safeguard the bank and supply value added services to its stockholders and clients such as: aˆ? An one-year concern program and budget is submitted to the Board for blessing. Actual public presentations are reviewed against the targeted consequences on a monthly footing leting timely responses and disciplinary actions to be taken to extenuate hazards. The Board besides reviews regular studies from the direction on the key runing statistics, every bit good as legal and regulative affairs. The Board besides approves any alterations or amendments to the Group s policies. aˆ? The Board has besides set up several Board Committees to help the Board in executing its inadvertence maps. Specific duties have been delegated to these Board Committees, all of which have formalised footings of mention. These Committees have the authorization to analyze all affairs within their range and study to the Board with their recommendations. aˆ? Group Executive Risk Committee, Group Management Committee, Group IT Steering Committee, Group Management Credit Committee, Group Procurement Tender Committee ( now restructured and known as Group Procurement Committee GPC ) , Group Staff Committee, Internal Audit Committee, Asset and Liability Committee and Credit Committee are besides established as portion of its stewardship map to guarantee effectual direction and supervising of the countries under the several Committee s horizon. aˆ? Recruitment and publicity policies/guidelines within the Group are established to guarantee appropriate individuals of quality are selected to make full places available. Formal preparation programmes either face-to-face or through e-learning, semi and one-year public presentation assessments and other relevant processs are in topographic point to guarantee that staff are competent and adequately trained in dispatching their responsibilities and duties efficaciously. Proper guidelines are besides drawn-up for expiration of staff. aˆ? A clearly defined model with appropriate authorization and authorization bounds has been approved by the Board for acquisitions and disposals of assets, presenting stamps, writing-off of operational and recognition points, contributions, every bit good as O.K.ing general and operational disbursals. Based on their reappraisal, the external hearers have reported to the Board that nil had come to their attending that causes them to believe that the Statement on Internal Control is inconsistent with their apprehension of the procedures the Board have adopted in the reappraisal of the adequateness and unity of the internal control of the Group. Bottom of Form PLANNING A ; CONTROL A It is of the position that the internal control model is designed to pull off the Group s hazards within an acceptable hazard net income, instead than extinguish the hazard of failure to accomplish the policies, ends and aims of the Group. It can therefore lone supply sensible instead than absolute confidence of effectivity against material misstatement of direction and fiscal information or against fiscal losingss and fraud. Maybank has put in topographic point an ongoing procedure for placing, measuring, monitoring and pull offing important hazards that may impact the accomplishment of concern aims. The procedure which has been instituted throughout the Group is updated and reviewed from clip to clip to accommodate the alterations in the concern environment and this ongoing procedure has been in topographic point for the whole fiscal twelvemonth under reappraisal. The function of Management includes: identifying and measuring the hazards faced ; explicating related policies and processs to pull off these hazards ; designing, runing and supervising a suited system of internal controls ; and implementing the policies approved by the Board. A Control Structure A The cardinal procedures that the Directors have established in reexamining the adequateness and unity of the system of internal controls include the followers: Risk Management Framework Maybank has established an administration construction with clearly defined lines of duty, bounds of authorization and answerability aligned to concern and operations demands which support the care of a strong control environment. It has extended the duties of the Audit Committee to include the appraisal of internal controls, through the Internal Audit ( IA ) map. The Board has besides delegated the duty of reexamining the effectivity of hazard direction to the Risk Management Committee. The effectivity of the hazard direction system is monitored and evaluated by the Group Risk Management map, on an ongoing footing. Risk direction rules, policies, processs and patterns are updated on a regular basis to guarantee relevancy and conformity with Torahs and ordinances and are made available to all employees. To farther enhance hazard consciousness within the Maybank Group, a series of Risk Awareness Programs have been conducted at all degrees of staff underscoring the importance of control environment. The Group has besides adopted a whistle blowing policy, supplying an avenue for employees to describe existent or suspected misconduct or misdemeanors of the company s policies and ordinances in a safe and confidential mode. Constitution of the three ( 3 ) lines of Defence concept hazard taking units, hazard control units and internal audit. The hazard taking units are responsible for the daily direction of hazards built-in in their concern activities while the hazard control units are responsible for puting the hazard direction model and development tools and methodological analysiss. Complementing this is internal audit, which provides independent confidence of the effectivity of the hazard direction attack. A INFORMATION PROCESSING A ; COMMUNICATION Maybank Group s Code of Ethics and Conduct sets out the sound rules and criterions of good pattern in the fiscal services industry, which are observed by the managers and its employees. A Both managers and employees are required to continue the highest unity in dispatching their responsibilities and in traffics with stakeholders, clients, fellow employees and regulators. This is in line with the Group s Core Values which give accent on behavioral moralss when covering with 3rd party and fellow employees. The Group communicates the Code to all managers and employees upon beginning of their employment and is deemed to be portion of the Footings and Conditions of Service. A Maybank, as a keeper of public financess, has a duty to safeguard its unity and credibleness. It is on this apprehension that the administration sets out clearly the codification of moralss and behavior for its staff. The codification stipulates the sound principles that will steer all Maybank staff in dispatching their responsibilities. It sets out the criterions of good banking pattern. A In add-on to these, staff should: A Ensure unity and truth of records and/or minutess. Ensure carnival and just intervention in all concern traffics on behalf of the Bank. Keep the highest criterion of service in their relationship with clients. Maintain confidentiality of all dealingss and traffics between the Bank and its clients. However, confidential information refering a client may be given or made available to third parties merely with anterior written consent of the client or when revelation is authorised under the Banking and Financial Institutions Act, 1989. Pull off their fiscal affairs good and non capable to monetary embarrassment. Observe and comply with Torahs and ordinances associating to the operations of the Bank. Show grasp, regard and client centricity Develop long-run and reciprocally good relationships Build client trueness and understand their outlooks Develop strong and friendly working relationship with co-workers to accomplish concern ends Embrace and support diverseness of work force ( e.g. gender, race, experiences A ; positions ) Build reciprocally good relationship with all stakeholders Decision At Maybank, staffs are guided by its Core Values of Teamwork, Integrity, Growth, Excellence A ; Efficiency and Relationship edifice. As an built-in portion of its staff day-to-day attempts, these values guide them to pursuit for growing and excellence. Any aspiration can come true with the right chance is the cardinal word of Maybank. The direction squad has set their sights on choosing the brightest heads to be portion of their squad. The hunt is on for divine persons who are ready to travel the distance with one of the taking fiscal establishments in Malaysia. Maybank offers the needed chances for growing and excellence to accomplish a reciprocally good partnership and winning border. A Maybank focuses on capturing growing chances in high growing while taking a proactive and conservative attack to capital direction by go oning to set up their presence in high growing markets. Maybank s strong path record of fiscal strengths and high recognition evaluations allow them to maintain their impulse and continue with robust public presentation even amidst the current environment. The re-energised Core Values, i.e. acronym T.I.G.E.R. which stands for Teamwork, Integrity, Growth, Excellence A ; Efficiency and Relationship Building was the consequence of the focal point groups conducted with Maybankers from assorted units across Sectors. This simplified version purposes to complement our bing Core Values and to do it easy for all employees to retrieve and understand the values. Note: The bing Core Values remains unchanged The Re-energized Core Valuess are the simplified version that complement the current Core Valuess The Core Values is the foundation that supports Maybank Group s Aspirations The Core Valuess are values or behavioral features that form the foundation on which we perform work and behavior ourselves By beef uping their nucleus concern and franchise, they gain competitory advantage by accomplishing synergisms across their diverse group. Domestically, they aim to accomplish leading across cardinal and profitable sections. Internationally, they capture value from new investings and go on to prosecute organic enlargement by presenting invention and superior client value. They are the top recruiter of endowment and view their leading pool and talent grapevine as cardinal to gaining their aspirations. They invariably seek to heighten public presentation direction and accomplish cost optimization by concentrating on effectual Information Technology operations and heightening employee productiveness.

Strategic Analysis of Argos UK Retail Company The WritePass Journal

Strategic Analysis of Argos UK Retail Company 1.0 Introduction Strategic Analysis of Argos UK Retail Company 1.0 Introduction1.1 Organisation Profile1.2  Ã‚  Ã‚   Objectives of Argo1.3  Ã‚  Ã‚   Definition of Globalisation.1.4  Ã‚  EFFECTS OF EU MEMBERSHIP OF BRITAIN ON ARGOS 2.0 Economies of Adopting Policies of Environmental Awareness2.1 Atmospheric Pollution2.2 The hole in the ozone layer2.3 Wastes2.4   Measure to improve heath and safety in the work place.3.0 Responsibilities of organization to improving workforce welfare.3.1   Approaches to the management of diversity  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   4.0   Conclusion5.0   Ã‚   REFERENCESRelated 1.0 Introduction This study will review Argos Retailer UK, an organisation, which focuses on customer services as its differentiating factor in an increasingly competitive retail service sector. In the course of this study we explicate how the organisation’s marketing strategies align with its overall strategic objective. In the current climate of economic recession carrying in its wake a wave of unprecedented company failure the need for survival and excelling others has become ever more important. Therefore, organisations such as Argos will need to develop innovative strategies to lure customers who are not only reluctant to buy products but are becoming very savvy in their choice of such products. 1.1 Organisation Profile This study will focus on Argos UK Retail Company, which is one of the UK’s largest general merchandise retailing store. The company was founded in 1973 by Richard Tompkins and went into London stock exchange in 1990 after it had demerged from BAT industries. Argos Uk   sells over 18,000 products in a week and services about 2.5million customers respectively. It has about 7000 stores in UK and 51,000 staff strength. Argos UK Retail Company is not part of a group, which includes Argos Business Solution. Argos Business Solution benefits from the scale of its combined buying and merchandising strategy. The retail brands provide the convenience of home shopping through different routes to market and services, Argos retail group includes Argos Limited, Homebase and Argos retail group financial services. The organisation deals on retail product that is group into two distinctive brands of products. These include Argos and Homebase. The Retail products are toys, jewellers, small domestic appliances, furniture sports and leisure equipment. It deals on consumer’s electronics and large domestic appliances, it also engages in retail services of Home improvement goods and garden related products. Argos is one of the larges stores in the world. This company is well   known for its new stylish and innovative design of wide range of electronics. The organisation offers a wide range of well- designed, efficient, quality and good home domestic products at low prices that attract a wide range of customers to buy their products. The group as a whole had annual sales of over 32.4 billion pounds in the financial year ended in 2008. 1.2  Ã‚  Ã‚   Objectives of Argo This objectives is to develop Argos, a general framework for dynamically composing web services. Many scientific problems can be modelled as a workflow that includes information gathering and processing operations. We propose a unifying framework where these operations are modelled a web services and the scientific workflow as composition of web services. This objective is to use Argos in an metropolitan planning application, in consultation with an advisory team of government representatives, from the Los Angeles County Metropolitan Transportation Authority, the San Bernardino Associated Governments, the Southern California Association of Governments and the Port of Long Beach. This objective is to extend the transportation planning domain to address problems of urban spatial structure that heretofore have not been practical for social science researchers to study due to the lack of tools integrating and analysing available data. 1.3  Ã‚  Ã‚   Definition of Globalisation. Globalisation is the system of interaction among the countries of the world in order to develop the global economy. Globalization also refers to the integration of economics and societies all over the world. Globalization involves technological, economic, political, and cultural exchanges made possible largely by advances in communication, transportation, and infrastructure and it refers to the rapid increase in the share of economic activity taking place across national boundaries. This goes beyond the international trade in goods and includes the way those goods are produced, the delivery and sale of services, and the movement of capital. The origin of the term Globalisation is often attributed to Marshall McLuhan’s concept of the ‘global village’. McLuhan (1962) observed that advances in electronic mass media were collapsing space and time barriers to enable people to communicate on a global scale. But this is just one aspect of globalization, albeit an important aspect of globalization, where the term ‘global village’ is used as a metaphor to describe the interconnectedness of the world through the internet and web. Other researchers attribute the globalization phenomenon to historical, social, political and technological changes, which have enabled the free flow of people, investment, products/services, information and knowledge across the globe. This has led to a fundamental shift in the world economy, where national economies are no longer isolated from each other by barriers to cross-border trade/investment; by distance, time zone, language and by national differences in government regulation, culture, and business system. National economies are merging into an interdependent global economic system.Globalisation in broad terms is the process of integration of countries and people politically, economically and culturally, into global communities. In the context of business, globalization is the phenomenon by which industries transform themselves from multi-national to global competitive structures. Multi-national companies have an international presence of some form or other, where global companies operate in the main markets of the world, and do so in an integrated and co-ordinate way. Globalisations is mush talked about in the media. Of course   the term ‘globalisation’ is by no means the preserve of economists alone.indeed it has been approached from the perspective of at least four academic disciplines, within each of which it tend to take on different characteristics. ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   Economists focus on the growth of international trade and the   increase in   international capital flows. ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   Political scientists view globalization as a process that leads to   the   undermining of   the nation state and emergence of new forms of   governance ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   Sociologists view globalization in terms of the rise a global culture and the  Domination of the media by global companies ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   International relations experts tend to focus on the emergence of global  conflicts and global institutions ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   Effects on National Economies Influence of International Institution Role and Responsibilities of the EU Membership. The national economy is the engine of growth for any country whether it is a superpower with global reach or a small nation struggling to emerge from poverty. Every citizen is a participant in the economy, as they work to create income for their families, pay taxes, spend their earnings of products and services, or draw from government programs, such as welfare or Social Security. And   yet the workings of the economy remain a mystery to most, even as the demands on our economic resources increase. When one looks at the aftermath of the collapse of systematic soviet domination over politics and policy making in East Central Europe, one could be truly astounded at the amount of change that has occurred. Both the Czech Republic and Hungary are in the process of democratization while simultaneously integrating themselves into Western institutions. There is no question that the democratic transitions in Eastern Europe were spurred by the loosening of soviet control, and there affected by international influence. Democratic values, crucial to democratic consolidation, from outside could undermine other aspects of democracy, specifically plurality and rule of law. Democratic policies imposed from outside might amount to rule by law, if policies put in place by domestic elites   due to international pressure, are not adequately debated, supported, enforced   and implemented at the local level. A   consolidated democracy requires the full rooting of democracy, which can be seen by policy debate and policy choice for citizens.(Plurality) it also requires the internalization of rules and procedures (rule of law) and the human rights.(Pridham and Lewis) it is widely accepted that international influence, whether directly or indirectly, but as it is generally diffuse and not quantifiable the nature of the relationship has not been fully explored. We believe that the conditions of Post-Communism provide a filter through which this specific influence can be assessed. These condition can be generally defined as the need to develop the market economy and financial institutions. This economic and social transformation and the desire to integrate remove socio- economic issues from the political landscape. The nature of post- Communist transition therefore provides a unique opportunity to assess the ability of international institutions to craft democracy   from the outside and ‘assist’ democratic consolidation. My research considers plurality and dissemination of democratic values through looking at domestic and international influences on minority policy, central to democratic values, as well a looking at rule by considering how this policy is internalized and implemented and enforced at local level. This research, by isolating the international influences on aspects of democracy also has policy implications for wider European Democracy. International influence affects all democracies but its effects are difficult to distinguish from domestic influences in established democracies. Hopefully due to the prism that post-Communist environment provides (though it has unique characteristics, the international influences are universal), we will be able to ascertain what increasing international influence and democratic crafting means in wider context, beyond post-Communist transition. Over the past two decades the functions of international economic institutions have greatly expanded to include programmes and policies, which affect a wider range of people, groups, and organizations than before. Where previously people could hold their national governments to account for such policies, they must now look to international institutions where the decisions are being made. But to who are these institutions accountable and are they accountable to those whom they direct affect? This course work sets out to answer that question in respect of the International   Monetary Fund(IMF), the World Bank, and the World Trade Organization(WTO).   The World Bank   and the International Monetary Fund(IMF)which are meant to assist governments in achieving development aims through the provision of loans and technical assistance. They have championed the trade liberalization policies mentioned above. Governments and these international institutions are in determining the outcome o f globalization. 1.4  Ã‚  EFFECTS OF EU MEMBERSHIP OF BRITAIN ON ARGOS Home Retail Group ,owner of Argos and Homebase, warned yesterday the weakness of the pound could push up prices of non-food good as sourcing costs for retailers rise by up to 10%. At the same time it predicted another year of sharp sales declines at its chains. Home Retail chief executive Terry Duddy said the group was planning for 2009 to be a â€Å"as difficult as 2008†, when profile fell 24% to  £32m. He said the weak pound would be a â€Å"headwind† for all non-food retailers, predicting cost inflation of up to 10% on foreign- made goods. More than half the group’s goods are made in china. â€Å"our main worry is the impact sterling may have on product pricing and therefore the impact it may have on consumer demand.† Despite some lower costs, such as shipping, down 60%,retailers, suppliers and consumers would have to share the pain: â€Å"we will raise prices where we can but at the same time maintain our price position.† Home Retail is cutting 1,300 head office and supply chain jobs. It has also cut shop workers’ hour and will open fewer new outlets this year. Despite these measures some analysts think profit could fall by the spending downturn, with half of Argos sales from consumer electronics and Homebase’s fortunes linked to the housing market, which remains frozen. Like–for-like sales were down 10.2% at Homebase and 4.8% at Argos in the year to February 28.Duddy predicted similar falls this year. Argos, Britain’s second larges consumer electronics retailer after Curry’s owner DSG International, said sales of discretionary items such as flat-screen TVs had slowed â€Å"substantially†. The underlying weakness of non-food retail may affect possible cash calls. DSG is thought to be assessing investors’ appetite for a  £300m rights issue and share placing that could come imminently. Home Retail fell to an operating loss of  £402m after   writing down the value of Homebase by more than  £650m. The dramatic move is an admission it overpaid for the business, which it bought for  £950m in 2002. Profits at the chain were down nearly 70% at  £14.9m, compared begun to see Argos-home of  £4.69 kettles and  £15.59 DVD players- with new eyes. With a 19% decline at Argos to  £303.6m. Duddy said Homebase had held market share: â€Å"BQ has been quite vibrant {lately} but for five to six years Homebase was outperforming them.† Home Retail benefited from the collapse of rival retailers such as Woolworths and MFI last year. 2.0 Economies of Adopting Policies of Environmental Awareness Trying to promote an environmental message within a company as geographically and operationally diverse as Argos is a major challenge. My research evidence reveals that Argos are aiming to get the massage across to all members of staff that the work they do can have an impact on the environment, in which they live, work and play. They are developing training packages that are tailored to different audience to ensure that all employees, from senior management to operational quayside staff, are aware of the possible environmental implications of their actions. The development of Argos intranet is making the internal dissemination of information available to a much wider audience than traditional training methods. The Aim of Argos is for their staff to be as aware of environmental issues as they are of heath and safety matters and to consider the effects their actions might have, even if it is something as simple as switching-off lights in an unused office, or making sure that a computer printer is switched off over the weekend. Not only will this save energy, but it will also save   money and they hope the good practice will be implemented beyond the work environment. As educators, the major objective should be to educate people to use plant resources sustainably through: ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   promoting awareness among policy makers in the community ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   providing training for botanic garden staff and selected group   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   leaders in the   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   community. ââ€" ºÃ‚  Ã‚  Ã‚  Ã‚  Ã‚   promoting greater public awareness and motivation for    environmental action. 2.1 Atmospheric Pollution Leading high street retailer Argos is trailing a new process for the waste arriving at its distribution centres from stores, with the of aim of further reducing the volumes going to landfill. Despite having an impressive record on waste, (Argos currently recycle over 80% of the rubbish produced, 9 of its distribution centres are ISO14001 accredited and a store- wide scheme has been introduced to reduce the waste amounts going to landfill)the new trial aims to tackle the remaining rubbish to further reduce volumes. Mark Jones, Distribution Project Manager said:   â€Å"Our internal ‘Argos Cares’ scheme has proved very successful in reducing landfill waste from stores. This trial will drive this process further. The business is committed to reducing landfill waste to help the environment and reduce landfill costs as a result. If we can find a similar solution at other regional distribution centres we could potentially see cost savings in to the business of  £40,000 over twelve months.† The trial, which commenced in mid-January, will continue with two collections per week from Magna Park distribution centre. Argos expect to gain valuable feedback on the content of the compacted rubbish from the contractor, Cwikskip. This, in turn, will reinforce the need to further improve the waste segregation rates in the Argos stores. If the trial is successful Argos will seek to find similar solution at their other 8 distribution centres and elsewhere across Home Retail Group. 2.2 The hole in the ozone layer Cwikskip Waste Management Services are collecting the compacted loads from Magna Park twice a week and moving it to their material recycling facility (MRF) at nearby Rugby. Once there, the loads are then sorted to ensure that as much as 98% of the store and distribution centre waste generated will be recycled. The hole in the ozone layer A remote   measuring system, which is based o the principle of differential absorption and diffusion lidar, is developed for detection of nitrogen dioxide, sulfur dioxide, and ozone. The ARGOS (Advanced Remote Gaseous Oxides Sensor) system uses differential absorption of light with different wavelengths: for that two short light pulses from pumped dye lasers are simultaneously   sent in the   atmosphere. A three component Doppler sodar is used for measuring wind   direction and velocity. The system allows atmosphere backscattering coefficient to be estimated as a measure for spray and dust concentration in the air. The ozone layer in the stratosphere provides protection from harmful solar ultra-violet (UV)radiation. Manmade ozone depletion is caused by the mass use and emission of choro fluoro carbon (CFCs) and other ozone-depleting substance (ODS). This has led to an increase in harmful ultraviolet radiation and the incidence of irradiation-induced skin cancer. Ozone depletion is estimated to be greatest over the western parts of Europe where chloroflurocarbons have been commonly used in refrigerators and aerosol propellants. In these same countries, other ODS have also been used extensively, for example as coolant, foam and cleaning agents. 2.3 Wastes Population growth, increasing urbanization, industrialization and rising standards of living have all contributed to an increase in the amount of waste generated in the EU countries. In 1995, the total amount of waste generated in Eu-15(excluding agricultural waste) was estimated to be 1.3 billion tones (or 3.5 tonnes per capital). These figures show a 10% increase in total waste production between 1990 and 1995. very shortly, annual waste levels will be approximating 2 billion tonnes, with gains from recycling measures outweighed by an increase in economic activity and total waste production (European Environment Agency, 1999). Countries are faced not only with massive volumes of waste but also with the challenges related to hazardous wastes materials. Each year, the Community generates around 40 million tonnes of Hazardous waste. Waste, which arise from virtually all- human activities, can be broadly classified with respect to their source. The major categories include ‘municipal waste’, industrial, agricultural, sewage and nuclear waste, levels for which are shown in Argos household and public wastes An efficient way to cut down the volume of waste is to reduce the use of packaging and to recycle paper, cardboard, plastic, aluminium tins, and glass. Levels of recycling in the member states range from 28% to 53% for paper and cardboard (EU average 49.6%) and between 20% and 76% for glass (European Parliament, 1999). These figures highlight extreme variations in performance between the member states. 2.4   Measure to improve heath and safety in the work place. In December 2005, a full safety management review was conducted and January 2006 the Argos and Homebase health and safety teams were merged together. The current team of 12 is led our Health and Safety Manager, who is also chair of the British Retail Consortium’s Risk and Safety Policy Action Group, which ensure we keep abreast of current thinking and in this area. A key aspect of the review was to develop an approach to health and safety that drew on best practice within Argos and Homebase, and to develop a system that was straightforward and simple for our colleagues to understand and use. We call this programme ‘Simple Safer’. we have taken a stepped approach to introducing this programme focusing our efforts on Argos first and then Homebase. Key attributes were consultation with our heath and safety champions, who were elected by employees at our location and whose role is to represent the view of colleagues at regular health and safety meetings and during the implementation of our simply safer programme. We have also rationalized the number of risk assessments performed by our colleagues. For example, in Homebase we reduced the number of different assessments types from 180 down to 30 integrated templates, which can be tailored to suit individual site circumstances. The feedback from our colleagues on the introduction of this new way of working has been very positive. In order to make our health and safety policy statement effective, we have established a health and safety management, control and support structure as a framework for activity that reaches every part of our Group. The Group HR Director is responsible for implementing the health and safety policy and has established and chairs a health and safety risk management group comprising senior management representative from all area of the business. The committee’s role is to keep under review the effective management of health and safety across the Group and to provide the executive directors with appropriate advice and guidance. The health and safety management group meets quarterly and minutes of the meeting are produced and circulated across the business. We recognize that different areas of our business need to be actively involved in health and safety management so to facilitate this we have set up a number of committees that report into the health and safety risk management gro up. All health and safety committee members are provided with information, attend update meetings and consult over health and safety issues. Each store or site manager is responsible for implementation of the Group’s health and safety arrangements in their own store or site. In addition, it is our intention that every store and distribution centre will have an appointed health and safety champion (currently in place across Homebase and underway in Argos). They are responsible for representing the employees and promoting health and safety agenda in their location. Each operation office and distribution centre also has a site health and safety committee chaired by an appropriate manager. We are currently in the process of rolling this into all stores and we expect this to be completed in 2007. We provide health and safety training to all our new colleagues, mainly through the induction process. Specific health and safety training is also provided for those individuals required to manage and supervise others. We regular monitor our health and safety performance across the business. For example, stores undertake and record regular assessments, including all relevant fire safety checks. They also conduct a periodic checklist and there are various other checks based on the risk assessments and accident/incident experience (e.g Ladder register fire alarm checks etc.) Every store conducts a formal self-audit on business critical issue, which are collated and reviewed by line managers. Any failure can lead to disciplinary action. In addition, the health and safety team regular audits stores. Action plans are produced for failing stores and the results are linked to bouses.The health and safety champions are also involved in reviewing these and conducting re-audits on stores in their area. We provide a bullying; harassment and stress help line, which gives employees access to trained counselors. In addition, all employees can be referred for face to face counseling through this service. 3.0 Responsibilities of organization to improving workforce welfare. AEGON today announced that an agreement has been signed to acquire a 49% interest in Seguros Argos S.A. de   C.V.,a Mexican life insurance company specializing in the sale of life insurance to individuals through their employers (the worksite marketing channel),for an undisclosed sum. AEGON’s existing operations in Mexico include AEGON Direct Marketing Services, which works with insurance companies, banks and other financial institutions to provide direct marketing service. In addition, Transamerica Reinsurance(an AEGON company) is active in the life reinsurance market in Mexico. Executives started Argos in 2002 with a long tenure in Mexican insurance market. At the end of 2005 Argos had more than 420,000 policies in force and 1,266 million pesos (EUR 86.6 million ) in premium income. We welcome this opportunity to further expand into Mexico’s life insurance market with one of the country’s leading providers of individual life insurance and related saving and investment products,† said Don Sheppard, Chairman of AEGON’s Executive Board. This investment is consistence with AEGON’s strategy to expand into countries that offer long-term growth opportunity for the products and services we look forward to working with Argos to bu ild on their solid platform. Over time, as our client grew familiar with the translation services that Argos Translations offered, they began to request additional assistance in the medical device market.This occurred largely due to the fact that we were based in their targeted local market and thus could offer additional business support. Many of our clients not only needed their devices localized and their documents translated, but also needed to understand the regulatory issues connected with entering central and Eastern European markets. Argos Translations understood that by being able to offer a turnkey solution that would include assisting in market entry as well as taking care of the translation/localization process; we would provide our clients with unique additional benefits. As a result, Argos Translation joined forces with PMR Consulting, a local consultancy firm with the reliability and extensive experience that complemented Argos Translations services. The result of this collaboration is an offer of a complete solution for all medical device manufacturers interested in entering East European markets. This white paper has been commissioned by Argos Translation and is intended to provide investors with information about the basic devices. While some of the issues raised in this white paper may be common across other East European market it is important to note that each country has its own regulatory requirements and thus it is important not to draw any far-reaching conclusion about the region without consulting a local expert for advice. 3.1   Approaches to the management of diversity  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Fishing is an important industry, dependent on a natural resource. To protect stocks, satellite monitoring of fishing fleets has been made mandatory by certain governments. Such surveillance can guarantee that application regulations concerning authorized zones and quotas are enforced. The Argos Net solution development by CLS enables authorities to determine the position of fishing vessels, and to monitor fishing activity and catches. Indonesia, Peru, Europe, the United State, Korea, Chile, Taiwan and many other countries rely on CLS to monitor vessels flying their flags or operating in their waters. To improve security for shipping, the International Maritime Organisation (IMO) requires all ships over 500 tonnes   to be fitted with an onboard warning system (SSA-Ship Security Alert System). One of these systems, called Shiploc, is based on the Argos system and enabled ship owners to comply with IMO standards and monitor their fleet continually. In the event of an incident, the crew activates an alert button which automatically sends a signal to land. In the framework of an international agreement,Shiploc has joined forces with the anti-piracy centre at the International Maritime Bureau. The Argos system provides vital support for UN humanitarian programmes. Hundreds of transmitters have been installed throughout the world to verify distribution of resources, use of food rations, and a number of crucial parameters concerning the schooling of children. In the event of epidemics, Argos transmitters also inform authorities and humanitarian associations about the zones at risk and the number of individuals affected. 4.0   Conclusion This course work has examined the impact of globalization and EU integration of Britain on Argos Retail Group. Globalisation and Integration has brought wider benefits to many countries and organizations, but has equally resulted in challenges never before imagined. The management of Argos in the wider environment must evolve to take advantage of new emerging   markets. Such management must be innovative in adopting new set of precepts and protocols that are robust to accept changes in market dichotomy and technology. Competition has increase as a direct result of globalization and European integration. There are new entrants and players in the retail market that can not only challenge Argos but also possible take away its business. Such threats must be anticipated and clearly articulated in advance there by setting the scene not only to embrace change but to also covert the threats into opportunities. There are also issues of legislation, which now spans across boundaries. The national regulatory environment, which hitherto determines the mode of operation, has now been expanded to wider legislative environment. The management of Argos will need to learn and implement new wider rules and regulations in order to survive. In conclusion, one must postulate that globalization creates new avenues of opportunities. Argos must take advantage of the opportunities whilst at the same find innovative ways of converting the threat of globalization and integration into advantages. 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