Friday, October 18, 2019
Managing across Cultures individual report Essay
Managing across Cultures individual report - Essay Example As a result of its influence, culture management across organizations has started getting importance in business terms and is currently the one of the most evaluated subject for business analysts researchers and. In the present study culture will be studied with respect to its various dimensions researched by known people. Few of the organizational behaviour and cultural theories will also be discussed in detail Critical analysis of theory and research Culture plays a major role in characterizing the environmental context in which firms operate and decide, chose strategies and structures. A culture essentially consists of the expectations, experiences, philosophies and values ingrained and the elemental brinks which holds an organization or an association together (Bennett, Aston and Colquhoun, 2000). In broader terms organizational culture comprises of visions, norms, working languages, systems, beliefs, symbols and habits. Since individuals work together in an organization as a tea m with a common goal of completing the job, the culture created in a firm will help the team members in understanding each other more successfully (Olsonand Kroeger, 2001). Hofstede defines culture as ââ¬Å"the collective programming of the mind that distinguishes the members of one group or category of people from othersâ⬠(Hofstede et al., 1990). ... ee individuals are integrated with groups Masculinity and Femininity (MAS) - Masculinity represents societyââ¬â¢s preference towards heroism, achievement, assertiveness as well as material rewards. On the other hand, Femininity refers preferring modesty, cooperation and care for underprivileged and weak and improving quality of life. Society is both competitive and consensus oriented (Hofstede and McCrae, 2004). Uncertainty Avoidance (UAI) - it is the tolerance of a society towards ambiguity and uncertainty. It expresses the tendency of feeling uncomfortable with risks and unexpected changes. countries showing strong UI have rigid belief codes while weak UI society have more tranquil attitudes where practice is given more preference than principles Long term and Short term orientation- long term orientation refers to the society and their individualââ¬â¢s explore for virtues. On the other hand, short term orientation refers to preference for absolute truth. They are normative t hinkers and exhibit respect for traditions. Another model of cultural dimensions was given by Trompenaars. He classified cultures according to a mix of value and behavioral patterns. The research was particularly focused on business executives. Seven value orientations were evaluated. The seven dimensions were particularism versus universalism, individualism versus communitarians, emotional versus neutral, specific versus diffuse, ascription versus achievement, nature-human relationship and nature-time relationship. Trompennarââ¬â¢s work primarily focuses on sociology and includes two measurements for attitudes which were environment and time. Researchers have divided Trompennars theory into two different aspects. There are three ways to handle cultural problems and five individual dimensions. Edward
Child Abuse Laws Essay Example | Topics and Well Written Essays - 3250 words
Child Abuse Laws - Essay Example Statistics on child abuse in the UK are very alarming. In a period of one year between 2012 April and March 2013, the police recorded 23000 sexual offences against children. On average, at least one child is killed every week in the hands of an adult through physical abuse in the UK. In 2012, the police forces in England and Wales reported about 28000 cases of children running away from care as a result of constant abuse while the Sex Offenders Register for sexual offences against children recorded 2980 cases. Another shocking statistic is that about 34% of cases of child abuse are left unreported to authorities. This makes it difficult to tackle this problem.In order to adequately protect children from abuse, it is necessary to understand the factors that cause or threaten to cause abuse among children. There are various causes of child abuse. Studies show that children from violent parents who are constantly engaged in domestic violence are also likely to experience abuse from the parents. Children who get unintended pregnancies are also likely to experience abuse and neglect from their parents (Balliere & Tindall, 2003). In other cases, children with severe or moderate disabilities often have a higher rate of falling victims to abuse. Parents with a history of substance abuse are also likely to subject their children to abuse. Recent studies also indicate that children in the custody of non-biological parents, for instance those living with step parents, are 100 times more likely to face abuse. Child abuse has a wide range of effects on the children, some of which may be long term and may persist in to the adult life of the children. A recent research study dubbed Hidden Costs in Health Care: The Economic Impact of Violence and Abuse, makes the case that child abuse also has greater effects on the wider societies economic prospects. The report states that child abuse forms a greater part of expensive and costly public health policy which can be avoided with appropriate child protection legal frameworks. Some of the effects of child abuse on children include both physical and psychological effects. Child victims of abuse are exposed to a lot of physical injuries including bone fractures and may develop higher chances of contracting cancer. In some cases these physical damages may be temporary while in other cases they may persist in the long term. Among some of the permanent or long term physical infections on children as a result of abuse include brain impairments, shaken b aby syndrome, and poor physical health. Psychological effect
Thursday, October 17, 2019
Judicial Conduct and Disability Act Research Paper
Judicial Conduct and Disability Act - Research Paper Example The repeated reassignment of cases from Article is also constitutional. This will always be so as long as a rational reason exists for the Article III judge to request for a change of either judge or venue of the case (Baum, 2013). One example of such a rational reason is conflict of interest. However, it would be unconstitutional for Congress to delegate the authority to remove an Article III judge to the Supreme Court. This is because these judges can only be removed when the Congress successfully impeaches them. In addition, since these judges serve in their positions during good behavior, they cannot be discharged and only Congress can remove them through impeachment (Baum, 2013). Finally, federal judges should be appointed for life. The reason that they should have life tenure is because they should be insulated from whatever politics are gripping the nation at any particular moment (Baum, 2013). If federal judges did not have tenure for life, it would be easy for them to become affected by various issues and crisis that were prevalent in the different political parties. In addition, giving them tenure for life makes sure that they are above social issues in the
Questions on Management Essay Example | Topics and Well Written Essays - 2750 words
Questions on Management - Essay Example A case in point can be drawn from the lawsuit involving the Bank of America versus the City and County of San Francisco. In this case, the Bank of American seeks to annul ordinances passed by the city and county of San Francisco to protect consumers; the states are mandated by Congress to enact additional legislation especially with respect to consumer protection (Mitchell). The ordinances prohibit financial institutions (all banks, industrial loan companies and savings associations) from charging ATM fees to non-depositors. According to the cities, an ATM charge on non-depositors is punitive to consumers and weakens competition in the banking industry at the local state level (Bank of America). In this case, congestion in smaller banks makes the smaller banks to lose clientele to bigger banks that operate many ATMs in the city. Conversely, the Bank of America argued that the above-mentioned ordinances were disadvantageous as they impaired its operations. Ultimately, the Bank of Amer ica disputed the cityââ¬â¢s contention because the cityââ¬â¢s characterization of the ATM market was faulty. Unfortunately, the district court ruled in favor of the bank with the city falling on the losing end. According to the District Court, the savings clause in the Electronic Fund Transfer Act does not grant the cities permission to regulate fees charged on ATMs as a measure to protect the consumers. In addition, the court also ruled that Home Owners' Loan Act (HOLA) and Office of Thrift Supervision's (OTS) regulations gave savings banks the legal permission to charge ATM fees on consumers (Bank of America). â⬠¢ Among the issues which have come to the fore are those concerning the attempts of states to enact laws which main purpose is to protect those who live within these states. The laws that have been enacted most often have tended to be overridden by the financial regulatory agencies in the name of implementing federal laws (Mitchell). Since the American Constituti on states that all the laws that are passed at the federal level are supreme to those passed at the state level, many of the agencies have used these laws as an excuse to frustrate any laws that have been passed at the state level for the benefit of the citizens. In contrast, these agencies have developed a culture of helping banks (especially national banks) to establish their dominance over their rivals at the state level. In fact, the lawsuit involving the Bank of America versus the City and County of San Francisco indicates clearly that the HOLA and OTS regulations override the ordinances. The District Court also ruled that the National Bank Act and the regulations of the Office of the Comptroller of the Currency (OCC) are supreme to the ordinances passed by the city and county of San Francisco. Federal law annuls state law both directly (by stating preemption in explicit terms) and indirectly (by leaving no room for state regulatory control). A state law may also be annulled if it is established that its execution is in contravention of a preexisting federal law. In such cases, the federal law normally preempts the state law as the application of both laws is always deemed inadvertently impossible under the provisions of the constitution; therefore, it is clear that the federal regulations
Wednesday, October 16, 2019
Child Abuse Laws Essay Example | Topics and Well Written Essays - 3250 words
Child Abuse Laws - Essay Example Statistics on child abuse in the UK are very alarming. In a period of one year between 2012 April and March 2013, the police recorded 23000 sexual offences against children. On average, at least one child is killed every week in the hands of an adult through physical abuse in the UK. In 2012, the police forces in England and Wales reported about 28000 cases of children running away from care as a result of constant abuse while the Sex Offenders Register for sexual offences against children recorded 2980 cases. Another shocking statistic is that about 34% of cases of child abuse are left unreported to authorities. This makes it difficult to tackle this problem.In order to adequately protect children from abuse, it is necessary to understand the factors that cause or threaten to cause abuse among children. There are various causes of child abuse. Studies show that children from violent parents who are constantly engaged in domestic violence are also likely to experience abuse from the parents. Children who get unintended pregnancies are also likely to experience abuse and neglect from their parents (Balliere & Tindall, 2003). In other cases, children with severe or moderate disabilities often have a higher rate of falling victims to abuse. Parents with a history of substance abuse are also likely to subject their children to abuse. Recent studies also indicate that children in the custody of non-biological parents, for instance those living with step parents, are 100 times more likely to face abuse. Child abuse has a wide range of effects on the children, some of which may be long term and may persist in to the adult life of the children. A recent research study dubbed Hidden Costs in Health Care: The Economic Impact of Violence and Abuse, makes the case that child abuse also has greater effects on the wider societies economic prospects. The report states that child abuse forms a greater part of expensive and costly public health policy which can be avoided with appropriate child protection legal frameworks. Some of the effects of child abuse on children include both physical and psychological effects. Child victims of abuse are exposed to a lot of physical injuries including bone fractures and may develop higher chances of contracting cancer. In some cases these physical damages may be temporary while in other cases they may persist in the long term. Among some of the permanent or long term physical infections on children as a result of abuse include brain impairments, shaken b aby syndrome, and poor physical health. Psychological effect
Questions on Management Essay Example | Topics and Well Written Essays - 2750 words
Questions on Management - Essay Example A case in point can be drawn from the lawsuit involving the Bank of America versus the City and County of San Francisco. In this case, the Bank of American seeks to annul ordinances passed by the city and county of San Francisco to protect consumers; the states are mandated by Congress to enact additional legislation especially with respect to consumer protection (Mitchell). The ordinances prohibit financial institutions (all banks, industrial loan companies and savings associations) from charging ATM fees to non-depositors. According to the cities, an ATM charge on non-depositors is punitive to consumers and weakens competition in the banking industry at the local state level (Bank of America). In this case, congestion in smaller banks makes the smaller banks to lose clientele to bigger banks that operate many ATMs in the city. Conversely, the Bank of America argued that the above-mentioned ordinances were disadvantageous as they impaired its operations. Ultimately, the Bank of Amer ica disputed the cityââ¬â¢s contention because the cityââ¬â¢s characterization of the ATM market was faulty. Unfortunately, the district court ruled in favor of the bank with the city falling on the losing end. According to the District Court, the savings clause in the Electronic Fund Transfer Act does not grant the cities permission to regulate fees charged on ATMs as a measure to protect the consumers. In addition, the court also ruled that Home Owners' Loan Act (HOLA) and Office of Thrift Supervision's (OTS) regulations gave savings banks the legal permission to charge ATM fees on consumers (Bank of America). â⬠¢ Among the issues which have come to the fore are those concerning the attempts of states to enact laws which main purpose is to protect those who live within these states. The laws that have been enacted most often have tended to be overridden by the financial regulatory agencies in the name of implementing federal laws (Mitchell). Since the American Constituti on states that all the laws that are passed at the federal level are supreme to those passed at the state level, many of the agencies have used these laws as an excuse to frustrate any laws that have been passed at the state level for the benefit of the citizens. In contrast, these agencies have developed a culture of helping banks (especially national banks) to establish their dominance over their rivals at the state level. In fact, the lawsuit involving the Bank of America versus the City and County of San Francisco indicates clearly that the HOLA and OTS regulations override the ordinances. The District Court also ruled that the National Bank Act and the regulations of the Office of the Comptroller of the Currency (OCC) are supreme to the ordinances passed by the city and county of San Francisco. Federal law annuls state law both directly (by stating preemption in explicit terms) and indirectly (by leaving no room for state regulatory control). A state law may also be annulled if it is established that its execution is in contravention of a preexisting federal law. In such cases, the federal law normally preempts the state law as the application of both laws is always deemed inadvertently impossible under the provisions of the constitution; therefore, it is clear that the federal regulations
Tuesday, October 15, 2019
Managerial Finance Essay Example for Free
Managerial Finance Essay You have been at your job with East Coast Yachts for a week now and have decided you need to sign up for the companyââ¬â¢s 401(k) plan. Even after your discussion with Sarah Brown, the Bledsoe Financial Services representative, you are still unsure as to which investment option you should choose. Recall that the options available to you are stock in East Coast Yachts, the Bledsoe SP 500 Index Fund, the Bledsoe Small-Cap Fund, the Bledsoe Large-Company Stock Fund, the Bledsoe Bond Fund, and the Bledsoe Money Market Fund. You have decided that you should invest in a diversified portfolio, with 70 percent of your investment in equity, 25 percent in bonds, and 5 percent in the money market fund. You have also decided to focus your equity investment on large-cap stocks, but you are debating whether to select the SP 500 Index Fund or the Large-Company Stock Fund. In thinking it over, you understand the basic difference in the two funds. One is a purely passive fund that replicates a widely followed large-cap index, the SP 500, and has low fees. The other is actively managed with the intention that the skill of the portfolio manager will result in improved performance relative to an index. Fees are higher in the latter fund. Youââ¬â¢re just not certain on which way to go, so you ask Dan Ervin, who works in the companyââ¬â¢s finance area, for advice. After discussing your concerns, Dan gives you some information comparing the performance of equity mutual funds and the Vanguard 500 Index Fund. The Vanguard 500 is the worldââ¬â¢s largest equity index mutual fund. It replicates the SP 500, and its return is only negligibly different from the SP 500. Fees are very low. As a result, the Vanguard 500 is essentially identical to the Bledsoe SP 500 Index Fund offered in the 401(k) plan, but it has been in existence for much longer, so you can study its track record for over two decades. The graph below summarizes Danââ¬â¢s comments by showing the percentage of equity mutual funds that outperformed the Vanguard 500 Fund over the previous ten years. So for example, from January 1977 to December 1986, almost 70 percent of equity mutual funds outperformed the Vanguard 500. Dan suggests that you study the graph and answer the following questions: 1. What implications do you draw from the graph for mutual fund investors? If I was to draw any implications from the graph for mutual fund investors it would be an expectation that the investors will outperform the market. As with any business the high performers will continue performing and the low performers will be let go. If we were looking at the level of market efficiency it would be expected that mutual funds would outperform the market. It is expected that half of all investors will outperform the market. 2. Is the graph consistent or inconsistent with market efficiency? Explain carefully. I believe that the graph shows consistency with market efficiency, but even the most efficient of markets must be willing to spend on research to outperform the market and even then many investors do not outperform the market. The graph is consistent with market efficiency because if even the highest performers are not outperforming the market, even with high financing, then as would be expected average investors will not be outperforming the market. 3. What investment decision would you make for the equity portion of your 401(k) account? Why? If I was to make an investment decision based on the equity portion of this 401K plan I would choose to invest in the SP 500 index. There should also be investments made in small cap funds as this will help diversify the portfolio. Small cap funds however are not available as an option so the SP 500 would be the best choice as an investment decision.
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