Leadership and Corporate Behavior Essay Example | Topics and Well Written Essays - 500 words

Leadership and Corporate Behavior - Essay Example Hence, the point needs to be made about team selection taking priority at the initial stages itself and then selecting and choosing team members in such a way as to ensure that people who have a history of ethical behavior are selected. This can be done at the time of hiring and recruitment itself. The team members must be hired after thorough background checks and vetting so that any previous disposition towards unethical behavior is found out (Salmon, 1993). Leadership is all about leading from the front and by example. Hence, there is a need to develop leaders who are capable and also exhibit ethical behavior. This is the primary requirement for leadership. So, the teams that are to be formed should have the leaders in such a way as to ensure that illegal activity and recourse to unethical behavior is curbed. In conclusion, it is incumbent upon the team leadership to guide the team in such a way that ethical norms are followed and that the team follows normative rules of behavior consistent with those drawn up by the ethics committee (McCall, 2002). 2) A crisis management plan has to anticipate crises, plan for contingencies and have a mitigation strategy when the crises arise. This is the essence of a good crisis management plan. To take each of the components in turn, a good crisis management plan must be able to anticipate future crises from happening. Though all crises cannot be anticipated, there are many of them that can be identified at the beginning of the planning process. These include the system outages, threat of building collapse and accidents involving personnel (Daboub, 1995). The next step would be to have a back up plan for contingencies that revolves around the ways and means to deal with the crises. For instance, there can be back up servers when the main server crashes leading to an outage. Similarly, there can be an alternative site that can house some personnel in case of damage to the main

How Lean Manufacturing Helps Our Economy Essay -- Economics

Lean manufacturing plays a major role in our economy and yet it is almost unheard of outside manufacturing. It is important to know lean manufacturing relates to our individual lives and how we can all benefit from this concept. With current slow economic recovery, it is imperative that we find avenues that consumers can get through these difficult times, but also to implement the lessons-learned values into future thinking. The rising cost of goods and the unemployment rate high, lean manufacturing is helping to keep cost low and jobs in America where they belong. When we think of process manufacturing or the assembly line many credit Henry Ford for this concept. The introduction of continuous process in the late 1890’s was to produce a product from start to finish on an assembly line and the concept was revolutionary; the people didn’t move but the product did. Ford’s financial return from this successful concept meant offering a less expensive product without sacrificing superior quality. Then in the 1940’s Taiichi Ohno, a mechanical engineer for Toyota Corporation located in Japan is credited for the development of the â€Å"Toyota Production System†, also known as Lean Manufacturing, delved deeper into Henry Ford’s concept further developed the concept of motion and material flow in the manufacturing process. This system would further analyze the waste of movement and would take a closer look at reducing or even eliminating excess motion or movement to retrieve tools or product while manufacturing a product. For example, if a person has groceries and needed to get the bags into the house, it is a shorter distance to park in a garage where a person is closer to the door than parking at the street and walk the great distance t... ...t people back to work and focus again on the American dream and plan our financial security well into retirement age. Works Cited A Brief History of Lean Manufacturing. n.d. Paul Swift. 19 March 2012 . Davidson, Paul. 'Lean' manufacturing helps companies survive recession. Ed. Brent Jones. 3 March 2009. 19 March 2012 . Eliyahu M. Goldratt, Jeff Cox. The Goal: A Process of Ongoing Improvement. New York: North River Press, 1984. Rosen, James. "'Lean' Manufacturing Takes Root in U.S." 29 April 2011. FoxNews.com. 19 March 2012 . Sato, Tomaichi. "Production Management & Planning: Tomoichi Sato." Lean Manufacturing Japan. Warren Harrod. n.d. 2.

Nature Of The Transaction Accounting Essay

No, for the intents of this Standard, a dealing with an employee or other party in his/her capacity as a holder of equity instrument of the entity is non a share-based payment dealing. For illustration, if an entity grants all holders of a peculiar category of its equity instruments the right to get farther equity instrument of the entity at a monetary value that is less than the just value of those equity instruments, and an employee receives such a right because he/she is a holder of equity instrument of that peculiar category, the granting or exercising of that right is non capable affair to the necessities of this Standard ( AASB 2, Page 14, Para 12 ) . Besides portion based payments are those payments which are given on the footing of company ‘s equity or portions, nevertheless it does non merely relates to employers but besides to other stakeholders such as providers when they are counted as the receiver of the cost of goods and services. Answer 2-B Harmonizing to AASB2 ( p.11, para 4 ) â€Å" A share-based payment dealing may be settled by another group entity ( or a stockholder of any group entity ) on behalf of the entity receiving or geting the goods or services † . It alsoapplies to an entity that: ( a ) receives goods or services when another entity in the same group ( or a stockholder of any group entity ) has the duty to settlethe share-based payment dealing ; or ( B ) has an demand to settle a share-based payment dealing when another entity in the same group receives the goods or services, unless the dealing is doubtless for a ground other than recompense for goods or services supplied to the entity being paid them. Answer 2 C Harmonizing to AASB2 ( 119 ) employee fillips may be counted as a portion based payments. However it may be portion based or employee benefited. Share options or other equity instruments are granted to employees as portion of their wage bundle, in add-on to hard currency wage and other employment benefits. Normally, it is non possible to mensurate straight the services received for peculiar constituents of the employee ‘s wage bundle. It might besides non be possible to mensurate the just value of the entire wage bundle independently, without mensurating straight the just value of the equity instruments granted. Furthermore, portions or portion options are sometimes granted as portion of a fillip agreement, instead than as a portion of basic wage, for illustration, as an inducement to the employees to stay in the entity ‘s employ or to honor them for their attempts inimproving the entity ‘s public presentation. By allowing portions or portion options, in add-on to other wage, the entity is paying extra wage to obtain extra benefits. It is really hard to gauge the just value of those benefits. Because of the trouble of mensurating straight the just value of the servicesreceived, the entity shall mensurate the just value of the employee services established by mention to the just value of the equity instrument arranged ( AASB2, P.14, Para 12 ) . Share based payments chiefly includes all executive option instead than merely employee benefits or employee fillips. Answer 2D- AASB2, P.13, Recognition 7 explains that â€Å" An entity shall recognize the goods or services established or get in a share-based payment dealing when it obtain the goods or the services are received † . The entity shall recognize a attendant addition in equity if the goods or services were established in an equity-settled share-based payment dealing or a answerability if the goods or services were get in a cash-settled share-based payment dealing. Answer 3- A corporate company when placing the portion based payments or portion options chiefly focus on complexness or the contentions which are at that place in acknowledging the disbursals portion options which involves issue of portion, portion options or other equity which can impact both employees and supplies ( other stakeholder in the company )For-Typically, an disbursal arises from the ingestion of goods or services. For illustration, services are typically consumed instantly, in which instance an disbursal is recognised as the counterparty renders service. Goods might be consumed over a period of clip or, in the instance of stock lists, sold at a ulterior day of the month, in which instance an disbursal is recognised when the goods are consumed or sold.Against-However, sometimes it is necessary to recognize an disbursal before the goods or services are consumed or sold, because they do non measure up for acknowledgment as assets. For illustration, an entity might get goods as portio n of the research stage of a undertaking to develop a new merchandise. Although those goods have non been consumed, they might non measure up for acknowledgment as assets under the applicable Standard. ( AASB, P.13, Recognition 9 ) . Most companies argue against a portion option disbursal acknowledgment and argument on whether the dealing is between the stockholders and the employers or it is between the entity and employees. Question arises whether employees really provide them services for the portion options that are given by the company or non. It may good be argued that the acknowledgment of the disbursals is inconsistent. Answer 4- The attack AASB usage for the rating of portion options is Fair Value attack. ( Deegan 2012, p.16, p.17, p.21 )Nature of the dealingSum at which the disbursal ( or plus ) and equity history are recognizedMinutess where the just value of the goods or services can be measured faithfully At the just value of the goods or services received Minutess with employees ( where there is a kept up premise that the just value of the services can non be measured faithfully ) At the just value of the equity instruments being granted In those ‘rare state of affairss ‘ where the just value of goods and services provided by non-employees can non be measured faithfully At the just value of the equity instruments being grantedPart B01/01 2012 Dr Salaries Expense ( 100000 * $ 0.90 ) $ 90000 Cr Share Options $ 90000 two 30/06/2012 Dr Employee benefits disbursals $ 15000 Cr Share Capital $ 15000 three 01/01/2015 Dr Share Options ( 100000 * $ 3.50 ) $ 350000 Cr Share Capital $ 350000 ( B ) 31st March 2012 Dr Goodwill/ Patents $ 40000 Cr Share Capital $ 40000 Justifying the above entry- Harmonizing to AASB ( explained in Para 12 ) â€Å" Transactions where the just value of the goods and services can be measured faithfully is the sum at the just value of the goods and services received, whereas minutess with the employees and where there is a kept up premise that the just value of the services can non be measured faithfully is the just value of the equity instruments being granted † .

Critical Discourse Analysis For An International Crisis...

Methodology Critical discourse analysis For an international crisis happening thousands miles away, it is not sufficient to be understood without acknowledging itself as a mediated complex. From critical linguistics perspective, Fowler (1991/2013) believes â€Å"news is socially constructed. What events are reported is not a reflection of intrinsic importance of those events, but reveals the operation of a complex and artificial set of criteria for selection† (p. 2). â€Å"The news media select events for reporting according to a complex set of criteria of newsworthiness; so news is not simply that which happens, but that which can be regarded and presented as newsworthy† (p.13). Filtered by the latent criteria, the final representation of Hong Kong protests in Canadian press is the outcome of social inclusion and exclusion. In Fowler’s sense, representation is a constructive practice. Hong Kong protests are not communicated neutrally in natural structure per se. Instead, they were transmitted through the Canadian press with its own structural features permeated by Canadian social values. The discourse of Hong Kong protests reflects â€Å"the social actions accomplished by language users when they communicate in social situations and within society and culture at large† (van Dijk, 1997, pp. 13-14). So to speak, studying how the protests were represented requires not only analyzing texts or processes of production and interpretation, but also â€Å"analyzing the relationship between texts,Show MoreRelatedConfucianism in Journey to the West31834 Words   |  128 Pages2011/2012 Lecturer: Florian Schneider Journey to the West A Textual-Visual Discourse Analysis Name: Stefan Ruijsch (Student No. 0620203) Major: Chinese Studies, BA 3 E-mail: s.ruijsch@umail.leidenuniv.nl Phone: 06-48369645 Address: Vrijheidslaan 256, 2321 DP Leiden Word Count: 9,387 Table of Contents page 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ . 1 2. Theory†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 2.1. Discourse theory – A Short Explanation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 2.2. Confucianism†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6Read MoreOrganisational Theory230255 Words   |  922 PagesUniversity, UK This new textbook usefully situates organization theory within the scholarly debates on modernism and postmodernism, and provides an advanced introduction to the heterogeneous study of organizations, including chapters on phenomenology, critical theory and psychoanalysis. 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