Response to Coments on DQ1 Hunt and DQ2 Smith Essay

Response to Coments on DQ1 Hunt and DQ2 Smith - Essay Example The majority of accountants have a very high sense of moral and ethical standards. â€Å"Ethics in accounting is of the utmost importance to the accounting professional and those who rely on their services (Enotes, 2011). The academic community should stress more the importance of ethics in business. All courses should teach applications of business ethics in relation to the material being taught. DQ2 In your response you mentioned that investors use financial information to make decisions whether to buy or sell stocks. Common stocks are a very common type of investment, but there are other financial instruments that are traded on the open marketplace. In the money market corporate bonds are often sold by corporations in order to raise money. There are other instruments such as mutual funds which reduce the overall risk associated with the investment. It is true that both investors and creditors need financial information, but I believe that this information is more important for le nders than for investors. Lenders deal with billions of dollars in debt. In the recent global financial crisis we saw how volatile the financial system can be. The banks in the United States received the largest governmental bailout in the United States history. On October 2008 the US Senate passed a $700 billion bank bailout package (Amadeo, 2011). References Amadeo, K. (2011).

Project Progress Assignment Example | Topics and Well Written Essays - 1250 words

Project Progress - Assignment Example The cases of identity theft and information un-safeness have increased in many countries and hence the passing of laws for citizen protection. Organizations are expected to create risk management plans that will take precaution on data security and prevent occurrences that threaten the private data of their customers. Information is important to all stakeholders(Gray & Larson,2008). Flayton electronics has recently been involved in digital purchasing by providing the service of purchasing using credit cards. They have failed in protecting the customer’s data and cases of fraud using the credit card information were reported. With this happening, the company exposed its failure to fulfill their legal duty to protect the customer information. The company was expected to have a self-sufficient risk management plan that would analyze and access risks of any project that they are involved in. This would ensure that they design specific responses to any anticipated risk. The risk management manager did not analyze the risks involved in the new business trend and hence the risk occurred hitting the company by surprise. The number of bad cards purchased was above average and hence many goods were purchased wrongly. This means that the company lost a lot of money through purchases made without real or using accounts of other people without their knowledge. The company has not lost only in terms of product reduction but also in terms of capital. This is a draw back to the company since it impossible to retrieve back the goods and is expensive to compensate the customers. The company will also suffer in terms of losing the loyalty of the customers(well-stam,2004). The customers had entrusted the company with their bank information that they failed to protect. It is the expectation of all the customers that their information is kept private and free from being damaged by other people. The customers whose information was wrongly

MANAGING INDIVIDUALS AND TEAMS Essay Example | Topics and Well Written Essays - 750 words

MANAGING INDIVIDUALS AND TEAMS - Essay Example I am currently working as a volunteer in this organization. I am working as part of a volunteer team headed by Omar. Our team recently took two decisions; one related to the selection of a place for volunteering and the other related to the recording to the video from the selected volunteering place. This paper analyses how we made those decisions as a team. â€Å"The main characteristic feature of the team is synergy through which team members act together and achieve better results than if they perform alone or in other organizational forms†(Petrov, p.91). Our team leader is really a good person who respects the opinions of all the team members. He is democratic in his functioning and always ready to consider the opinions of each team member seriously. Before the selection of the place for volunteering, he asked the opinions of all the team members. Each team member gave suggestions about the places which need volunteering services. Since ours is a charity organization, we decided that the most suitable place for volunteering should be the place where homelessness is a critical problem. Many places were suggested by the team members. Then after brief discussions we have shortlisted two places. After an opinion poll, we selected a place which was supported by the majority of our team members. The decision related to the recording of the video was also taken after hot and meaningful discussions within our team. Some team members argued that each member should be given the permission to record videos from the site/place we selected whereas others pointed out the practical difficulties while everybody concentrates on video recording alone. Finally we decided that only few people will record videos while others concentrate on other matters related to our assignment. â€Å"Team Dynamics are the unseen forces that operate in a team between different people or groups.

Leadership Essay Example | Topics and Well Written Essays - 2500 words

Leadership - Essay Example "Nothing matters more in winning than getting the right people on the field. Differentiation helps you do that." (Welch Way, 29 March 2009). One of the biggest challenges faced by the leaders these days is getting the right people for the job, any job can be completed by anybody but the point is how efficiently a person can do a job Leadership is all about perfection and any wrong decisions taken can prove very fatal. For instance a leader hires a person, who he believes is the right man/woman for the organization but the work of that employee proves otherwise, the organization can suffer because of the same and the loss occurred because of that wrong decision of the leader will always remain irrecoverable. It is very difficult these days to find the right people, who can commit their future to the organization but leaders are expected to have the quality of differentiation, a leader who possesses this quality can never go wrong in the process of selecting the right people for the or ganization. ... This is one of the biggest challenges which the leaders these days face, if a leader is born with this quality then major pitfalls in leadership can be avoided without facing much difficulty. "To meet the many demands of performing their functions, managers assume multiple roles. A role is an organized set of behaviors. Henry Mintzberg has identified ten roles common to the work of all managers. The ten roles are divided into three groups: interpersonal, informational, and decisional. The informational roles link all managerial work together. The interpersonal roles ensure that information is provided. The decisional roles make significant use of the information. The performance of managerial roles and the requirements of these roles can be played at different times by the same manager and to different degrees depending on the level and function of management. The ten roles are described individually, but they form an integrated whole." (Henry Mintzberg, 29 March 2009). Another big challenge which the leaders of today face is the daunting task of decision making. Decision making is the most challenging task for any leader. One wrong decision can change many things around in an organization and those changes will surely be for the worse of the organization on the other hand one good decision can help the organization in more ways than one. Decision making is a very delicate process, numerous things have to be kept in mind, a leader just cannot go on making wrong decisions because that would result in disaster, even one wrong decision can be disastrous for any organization so considering all these things it becomes imperative that leaders analyze the

HIE assignment Essay Example | Topics and Well Written Essays - 250 words

HIE assignment - Essay Example The health information exchange for the state of Utah is called the clinical health information exchange (cHIE). Utah has been having a statewide health administrative data exchange ever since 1993. Utah initiated the clinical health information exchange in order to support reform in health care. The major participants of cHIE are specialty physicians, payers, ambulatory centre, laboratory, pharmacy, public health, hospitals and the primary care physicians among others. The clinical health information exchange (cHIE) aims at improving health care quality of Utah’s populace receive by making it very easy for the clinicians to view crucial information about the patient irrespective of where someone receives medical care in Utah (Utah Department of Health, 2012). Some of the crucial information to be accessed by health care providers consists of allergies, current medications, current lab results, and health problems. Most people are now able to receive the best and safest care since their health care provider knows about their chronic conditions and allergies. Increased connectivity rates between electronic health records (EHRs) and cHIE. The future implementations of cHIE is to adopt a formative evaluation format so as to track and inform the development of the HIE. U.S Department of Health and Human Services. (2015). State and Regional Demonstration in Health Information Technology: Utah (Utah), Retrieved January 25, 2015, from

How does changing the ways in which we connect to others offer us new, Essay - 1

How does changing the ways in which we connect to others offer us new, positive possibilities How does it affect us negatively - Essay Example The development of new technologies has been providing all the more new ways of communication and connection between people. The distances are becoming faster and easier to overcome; contacts are easier to establish; new acquaintances and connections surround us everywhere, 24/7. Nowadays, technologies offer the mankind a thousand options and opportunities – for work, shopping, entertainment and communication. One doesn’t need travel to another part of the country or even the world to see and talk to his/her relatives as it is now possible to call them on the phone, e-mail them or write on Facebook. Keeping in touch with friends is also much easier via social networking technologies, and prompt professional communications are guaranteed as cellphones, faxes and computers are always at your fingertips. In general, technology has been playing a significant role in our lives recently, and its importance continues to increase. Growing popularity of the World Wide Web make u s more and more addicted to the new ways of communication and connecting to people. In fact, our entire social life is now dominated by technological means of communication, which produces a complex and dubious effect on us. However, the contour of things used to be different even a century or two ago: Adam Gopnik states that the key to the changes in our overall lifestyle and social behavior lies in invention of telegrams and trains (Gopnik). Yearning to reduce distances and draw closer together, people have invented technologies that have taken roots in the world’s developed communities so firmly that they might have a devastating effect. So what are those multifaceted impacts the new ways of connection between people have? Talking of the positive effects of globalization and growth of technological means’ of communication role, one should focus foremost on professional and personal relationships that

Managerial Decision Making Bachelor Essay Example | Topics and Well Written Essays - 3000 words

Managerial Decision Making Bachelor - Essay Example The focus will be on the need for heart failure specialist nurses in the community and how they can improve health care in the UK. The 80-year-old female patient I have chosen to discuss here appears to fit the overall criteria for the above study, which was mainly focused on previously hospitalized patients with interventions through specialist heart failure services in the community. My client was diagnosed with heart failure two years ago and had one additional admission to hospital about one year ago for exacerbation of her heart failure. She felt she had not been given adequate information on her condition. She was referred to community heart failure nurses for education, management and titration of Carvedilol 6.25mg bd. Other heart failure medication prescribed included furosemide 80mg mane, spironolactone 25mg mane and ramipril 5mg bd. The spironolactone was stopped due to increased potassium, urea and creatnine, a decision based on the RALES study (2003). After another admission for chest infection, she was discharged without furosemide, and I was assigned as a community heart failure nurse. She was con cerned about having her furosemide discontinued, and it was recommenced after I contacted the physician. The client feels more secure knowing she has someone to contact rather than "bothering" her doctor, and we have developed a good rapport. I am working with her on pharmacology issues, making sure she is responding well to her medications as well as taking the right medications. Heart Failure - Major Health Problem Heart failure has continued to be an escalating public health problem. Chronic heart failure is the "syndrome of breathlessness, fatigue and fluid retention resulting in impaired ability of the heart to pump properly" (Sanderson, 1994, par. 1), often following a heart attack. By the end of the 1990s, 5% of all medical admissions to hospital in UK were related to chronic, or congestive, heart failure (Bosson, 1997). The Department of Health considers it a major concern because there is no cure at present. It therefore has a dramatic effect on the quality of life, and if not properly managed in the community it can also place very heavy pressures on hospital beds through emergency admissions and re-admissions (DOH, 2003). Local GPs in a 2005 clinical audit who had access to a specialist CHF nurse considered the service far more important than did the GPs without a specialist nurse. Even with the existence of guidelines, the treatment for heart failure in UK continues to be suboptimal, a concern which makes the specialist CHF nurse increasingly valuable (Leslie, 2005). The 80-year-old female client whose care I am monitoring no doubt will find herself increasingly dependent on others, and if she doesn't have proper treatment her quality of life will be greatly diminished. The purpose of this paper is to determine whether this type of care in the community not only will lessen the need for hospital inpatient care but ultimately will