Essays on Board Of Directors

Introduction

Under Armour is the brainchild of Kevin Plank who initiated the company in 1996, which has grown to a multi-billion business venture operating in the American market and producing accessories and sports clothing. It is among the largest suppliers of casual and sportswear apparel in the Americas. The company is headquartered in Baltimore, Maryland with franchises across Houston, Austin, Denver, Texas, New York and other major states in North and South America. Further, Forbes notes that Under Armour’s core business is the manufacture, marketing, and distribution of branded sports apparel including footwear, accessories for men and women and ...

Improving Board Performance

Improving Board Performance

Introduction

In a non-profit organization that has been in operation for a considerable amount of time now, it is required that the Board of Directors is compact and the primary driving force for the organization's relevance in its business. However, in our organization, the board has not performed as expected leading to stagnation and poor performance of the organization. After being appointed as the chairperson of the board, my vision is to improve the board performance during my tenure.

In my bid to improve the performance of the board, I will ensure that each board member is ...

Introduction

This is an individual business research report that focuses on the Philip Morris International Corporation (PMI). This paper will critically analyze the corporate elements of the company and evaluate the various strategies employed by Philip Morris (PMI). The critical analysis will culminate in the identification of gaps that would be utilized in drawing a set of recommendations for the company.

Corporate History and Background

PMI is an American company listed on the New York Stock Exchange. It is known for producing and marketing cigarettes and tobacco around the world. PMI is a conglomerate of four major cigarette and tobacco companies including Sampoerna, PMFTC ...

Introduction

The present report comprises of three sections. The first section discusses the recent trends in the business environment, which call for the attention of the Board of Directors as well as the Chief Executive Officer. The next section discusses Porter’s generic strategies including overall cost leadership, product differentiation, and focus strategies and demonstrates the way their implementation will help Partical, Inc. stay ahead of the competition in the global environment. The last section discusses and evaluates both the value chain analysis and Porter’s Five Forces, and indicates how the firms can gain competitive advantage through their effective ...

Completion Date

SABIC Corporate Film: A Critical Response I. INTRODUCTION SABIC, started over 30 years ago, has grown into a global company of combined vision (SABIC, 2016a; "Corporate Profile," n.d.). While innovation remains critical to sustain SABIC's business well into future, environment stewardship is at heart of company's business activities (SABIC, 2016a). Interpreted into core values, SABIC can be said to inspire, engage, create and deliver (SABIC, 2013). From a technological intervention perspective, SABIC has five innovation hubs ("Facts and Figures," n.d.). From an innovation perspective, SABIC is engaged with numerous partners in urban planning to deliver innovative solutions (SABIC, 2016b; ...

Question One

I would present to the board of directors finance committee details like methods of raising monetary resources for funding the budget when seeking approval for new fiscal year budget. During presentation details like collecting money from patients, received funds from the government and donations from development partners like nongovernmental organisations are revealed. These details are significant as they determine whether the proposed budget can be financed from the existing resources (Wolper, 2011). Details like how the organisation would ensure accountability in the utilisation of money budgeted for would also be presented to the board of directors finance committee. The ...

Abstract

This paper explores the challenges faced by women in management positions in international organizations. In order to appropriately discuss the issue, background information on current related problems in the workplace environment is initially discussed. This establishes the context upon which women find themselves in a corporate world ‘built by men, for men’. Women are in a disadvantaged position since they need to maintain a balance between managing the business and taking care of the family; this is in contrast to their male counterparts who can allocate more time for their career. Within such a scenario, organizational as well as ...

Analysis of Tesla Motors

Analysis of Tesla Motors

Introduction

Organizations must use any strategy that will enable the organization to stay competitive and to also learn about any processes within the organization that could be changed in order to increase proficiency and efficiency. One such process is a critical analysis of the microeconomic and macroeconomic environment as well as any challenges that the organization may be encountering. This essay will perform an analysis of Tesla Motors to include the history of the organization, organizational regulations, factor markets, global pressures and foreign competition, cost structure, economies of scales; a critical analysis, practices of economic theory ...

Leader and Management Development

Introduction Leadership forms the backbone of any organization. This is because it entails offering direction, creating a sense of purpose and defining a strategic plan for the organization. Such aspects of leadership are important in ensuring the success of an organization in the long run (Yukl, 2013). For the leadership functions mentioned above to be successfully implemented, it is critical that the individuals in leadership positions show responsibility in their day-to-day undertakings. It therefore implies that leadership development has become a primary aspect of the overall management function. Leadership development is anchored on the character and behavior of the ...

Question 1:

Several legal and ethical principles influence the workforce in healthcare organizations, particularly in light of employees belonging to diverse cultural backgrounds coming together for achieving common organizational goals. Towards managing employees in a huge healthcare setting it would be effective for HR functionaries to understand the legal relationships existing between the organization and employees in the first place. Most importantly, healthcare organizations that employ diverse employees must clearly define ethical behavior patterns of employees among each other and with the patients and their family members. Ethical behavior with employees belonging to another culture calls for not only treating each ...

National Bank of Canada

National Bank of Canada is among the largest commercial banks in Canada, with its headquarters located in Montreal, Canada. The bank’s history dates back in 1859 when francophone businesspersons founded it (Cheffins, 1998). The bank has approximately 452 branches located in most of the Canadian provinces and approximately 2.4 million clients. The bank also has partnerships, subsidiaries and representative offices in other countries through which it serves both Canadian and non-Canadian customers. The bank has a public company ownership structure and its shares trade in Toronto stock market. This paper discusses in details the organizational structure, managerial practices, ...

Introduction

Information management systems primarily serve the purpose of processing, organizing, storing and allow retrieval of data that businesses, organizations, institutions, and corporations use to their strategic advantage. Varied types of information systems exist ranging from transactional, decisional support, expert, knowledge management, and office management systems among others. The information systems are a paramount strategic niche in the context of the goals and objectives that have to be achieved. Therefore, organizations engage information systems and system analysts or designers to develop, manage and service the system (Chaffey & White, 2010). The organizational system that I chose to illuminate for the purpose ...

Abstract

The study seeks elaborate on the nonprofit and for-profit hospital joint venture and giving growing similarities in their operation capacities. The growing need for improvement by nonprofit hospitals regarding healthcare delivery requires high capital generation and more funding. Overdependence on sponsors and well-wishers for grants do not support the community benefit fully. This makes nonprofit hospitals not to deliver high quality health care, and unable to settle bills and outsourcing high technology to support medication. The conversion from nonprofit to for-profit hospital, and joint venturing with for-profit hospital help in improving performance, delivery, and high-quality health care. The paper ...

INTERNAL AUDIT AND FINANCIAL CONTROLS

Internal Audit and Financial Controls It is the ethical and professional responsibility of the auditing firm to maintain the high level of assurance and maintain an acceptable level of objectivity and independence as per the applicable codes of the auditing and assurance. Therefore, during or before performing audits, internal and external, the auditors must avoid any threat towards their independence and objectivity. However, in most of the cases, the auditors reduce the level of threats to assure that their reviews are objective and free from bias. ("Internal Audit's Relationship With External Audit") When the audit firm is providing the ...

1. Corporate Governance refers to the mechanism or system in which enterprises are directed and controlled, especially in which the interests of stakeholders are balanced. It is also known as the relationship between various stakeholders of business such as shareholders, management, the board of directors, etc. (Tricker & Tricker, 2012). Corporate governance system varies from country to country due to the differences in the economic and political system. It can be observed in a way that American corporate governance is entirely different from that is followed in Japan and Germany. In America, corporate governance system is controlled and directed by ...

Executive summary

The National Bank of Canada has its headquarters in Montreal, and it is Canada’s sixth largest bank. It was started on 4th May 1859 by the francophone business people in Banque and Ontario. The bank has 2.4 million personal clients and most of its branches in the Canadian provinces. It has many representative offices partnerships and subsidiaries in other countries where it serves both non-Canadian and Canadian customers. The bank’s management structure consists of the board of directors and the office of the president. The bank is upholding a proper governance system and appropriate ethical strategies to ...

Introduction

This report takes into consideration the application and the strategies that Petsmart Company has in line with their ethical structure, the governance structure and the corporate social responsibility for the present and the future. Additionally, the business report highlights the present position of the Petsmart Company in these three categories. The company is described as one of the largest pet and veterinary product retailer services provider and the solution for pet and the owners (Petsmart, 2016). The information provided by the company’s profile is that the company has more than 50,000 associates and another 1,466 pet ...

Introduction

Quality improvement has to be a conscious process in any given organization. The reason for this argument is the fact that continuous quality improvement enables the organization to improve its productivity and service delivery. This is the case even in David HealthCare Center, a community center dedicated to the provision of expert services to its clients. The following report is a quality improvement plan for Davis HealthCare Center whereby the focus is on the development of staff members and the improvement of teams. As a health care organization, Davis HealthCare Center plays a critical role in maintaining good health ...

1. Using the information presented in this chapter, what changes would you suggest to Jim? Jim, on the advice of Stacey, may proceed with a number of changes such as the use of relay terminals, sleeper teams or break-bulk terminals to reduce the time its drivers are on the road. With the help of relay terminals, Jim’s drivers would stay within the limit of 10 hours’ time while sleeper teams would enable drivers to relax while other teams may be driving the carrier through the route. Use of break-bulk terminals would further allow unloading entire trailers at a ...

Employee Performance Recognition and Compensation Policies

Essay Question One: Introduction Air World International was established by Carolyn Laker in 1994, a property developer by profession, with an aim of providing quality air travel services between Europe and the U.S.A. In its initial years the company managed to establish itself as a major player in the airline industry and notched up consistent profits. However, as the global recession took hold in 2007, by 2008, the company’s fleet was running on below average capacity. Despite employee recommendations of lowering its fare structure to attract more passengers (a strategy being implemented by its competitors), Carolyn and the ...

Spirit AeroSystems, Inc. started its existence with the sale of Boeing Commercial Airplanes to investment firm Onex. Providing a tier essential parts for aircraft, the company has built a strong management policy to govern such a huge corporation. The board of directors is a main key governance instrument of the company. Spirit AeroSystems, Inc. has a chairman of the Board and president. Another person may be appointed as a director, president and Chief Executive Officer to perform the main responsibilities that a director has. Since 2013, this position is held by Larry A. Lawson. There is also an independent ...

What are some of the unique responsibility of board of directors? Comment on whether one or more group is important to another in fundraising. The primary responsibility of the board, is to ensure the success of the organization and to ensure that it achieves its mission. For an organization to function and meet its mission, it requires money. Thus, the board has a crucial role in fundraising. This role in particularly important in a nonprofit organization. In most instances, the executive director of the board is the primary fundraiser. He is likely to raise more fund in terms of ...

Management Control

1. What is the CSS mission and Vision ? How can we transform the vision to outcome ? The CSS mission involves being in a position to apply both scientific alongside technological advancements with a role to create a healthy, safe and a future that is environmentally sustainable. Its vision lies in the fundamentals of the continually in fostering development, both of an innovative, economically healthy alongside a company driven by quality. Such that it is in a position to offer a rather comprehensive environmental and safety, health alongside support scientifically in its services. To achieve this vision to ...

Facts of the Case

Fraud can be defined as an act or practice that is wrongful or criminal in nature with the intention of making unlawful gains. In this case, Aaron Beam, a certified public accountant, was engaged in the illegal alterations of the financial statements. Mr. Beam and his friend, Richard Scrushy both started a healthcare company known as Health South. Mr. Scrushy would then act as the CEO while Mr. Beam would act as the CFO. Mr. Scrushy persuaded Beam to do whatever it takes to make sure that the financial reports that he prepared for the company looked good in ...

Executive Summary . 3-4

History .. 4-5

Strategic Elements 5-6

Critical Events .. 6-7

Leadership 7-8

Mission and Vision Statement . 8-9 External Assessment 9-13 Analysis of Competitive Position 13 Internal Assessment . 13-17 Current Strategy 18 SWOT Analysis 18-21 BCG Matrix . 21-23 IE Matrix .. 24-25

Possible Strategic Alternatives 25-26

Evaluation of Current Organizational Structure .. 25 Recommendation Changes .. 25-26

Situational Analysis . 26-29

New Turnaround Objective .. 29

Proposed Measures . 29-31

Funding this Turnaround Effort 32-33 Financial Projections 33-34 Conclusion 34

References 35-36

Sears Holdings Corporation Executive Summary Sears Holdings is a major brick-and-mortar retailer in both the United States and Canada. As such, it sells a wide variety of products, including appliances, consumer electronics, apparel, tools, sporting equipment and ...

The Dhamani Jewels: Strategic Perspectives. Case Study. CONTENTS I. Introduction 3 II. Background 3 III. Alternatives 4

B. Difficulty in developing future strategy 4 C. Poor system of data-collection 5 D. Non-presence in the e-segment 5 IV. Proposed Solution 5 V. Recommendations 6

References 7

Introduction The analyzed case study revealed that although by the standards of luxury jewelry standards Dhamani is a relatively young company, yet, provided that the company management maintains and improves its grasp on strategic planning and marketing, it has bright future. Thus, both the annual revenues, accrued by Dhamani, its market segmentation, location of its stores, ...

Rights of the shareholders

While the shareholders are the most important stakeholders of the company, however, very few control the day to day running of the company’s business activities. Therefore, in order to safeguard their interest, the company range multiple rights of the shareholders and provide them the eventual power to influence the company’s decisions. Below we have discussed the rights of the shareholders: a) Right to attend the general meeting and cast their vote All the shareholders of the company have the right to receive notice of the general meeting, including, Annual General Meeting(AGM) and Extraordinary General Meetings(EGM). ...

Introduction

Founded in 1894, the Hershey Company had grown to become one of the biggest retailers in the chocolate industry. The company is strongly committed to its vision statement, which revolves around spreading goodness in every direction. The company is also greatly committed towards its mission, which is to happiness though sweet moments to their target audience, worldwide. (What We Are Made of, 2016) The company has divided its stakeholders into seven different categories, which are: investors, business partners, consumers, employees, interest groups, regulators, and communities and local government. Out of these seven, the company holds the following to be ...

Problem

The company is a prominent player in the athletic footwear market and also serves as a key supplier of quality athlete footwear. The business is currently selling over five million pairs annually. The main problem faced by the company was that its operational activities were not efficient. The past few years have not been good for the company, and the board of directors suggested increasing the return on sales would help in increasing the efficiency.

Analysis

As a CEO, I have proposed a plan that involves revision of strategies such as product design, R&D, sales, production operations, value chain and ...

Executive Summary

In response to the Board of Trustees request for evaluation of different retirement policies adopted by the different organization, our team engaged in a detailed research in three main Universities, New York University (NYU), Temple University, and Villanova. This study was aimed at reviewing different retirement packages adopted by these institutions, how often the policies were changed or reviewed, identify the difference between colleges and companies and elaborate on the importance to adapt better plans and policies in future. The following report compiled key research finding and provides a detailed insight into different retirement policies adopted by the stated ...

Organization’s HR strategy is a system of HR management that has the ultimate goal of increasing the company’s overall performance through effective employees’’ performances (Guidelines, p.3). It should not be confused with the company’s recruitment system used when hiring personnel, but a system of internal HR management that encourages the personnel to do their best for the company by supporting them in terms of health, family, high salaries etc. or other methods of motivation (Guidelines 4). For instance, IBM motivates its employees through providing performance based opportunities, leadership building, the surrounding environment of diverse and talented ...

1.0 Introduction Citi Group (Citi) has taken a bad hit during the financial crisis in 2008, which it continues to shoulder today, almost a decade later. The appointment of current CEO Michael Corbat in 2012 pushed the company back to the path of better reduction of non-profitability, which finally broke through in 2015 when Citi finally made positive profits beyond its 2015 breakeven target. The succeeding sections explored this journey of challenges and promises as clearly as possible. 2.0 Mission and Vision: Impact to Primary Stakeholders Citi’s vision and mission focuses on the customer as a financial services ...

Introduction

Good governance and capital structure play a crucial role in the maximization of corporate profitability, either through an increase in profit margin or a reduction in capital cost or both (Uwuigbe, 2014), and in effect shareholders’ wealth. Companies who are aware of these factors in their objectives of profit maximization eagerly put their good governance principles into corporate codes, which act as valuable reference points in their governance decisions. As such, sound corporate governance engenders investor confidence in terms of capital preservation and acceptable returns of investments (Okiro, Aduda, & Omoro, 2015; Agyei & Owusu, 2014; Heng, Azrbaijani, & San, 2012). With ...

Response to an Audit Report Inquiry

Dear Dominique, I am writing this email in response to your request for clarification and explanation on the different types of audit reports. Generally, audit reports give an appraisal of a company or business’s financial performance and status during a specified period of time. These reports are usually completed by an independent accounting professional (internal or external), and cover the company’s assets and liabilities. Audit reports represent the auditor’s assessment of the company’s financial position and future status. In many countries, audit reports are required by law if the company is publicly traded or operates ...

Scenario 1: A Case Study

Dear

Issue I: Lawfulness of Competing against a Former Employer? The resignation of Ron from Flush Ltd to found Amex Ltd to directly compete against a major client of his former employer will be lawful or not depending on three facts: (a) Is there an employment contract between Ron and Flush Ltd that explicitly includes a non-compete clause? (b) Is there a clause in the employment contract, which requires that Ron cannot enter into a business venture in a competitor company within a prescribed period after the date the resignation became effective? (c) Is Amex a direct competitor of ...

Study

Will Manuel Perez prevail in invalidating the arbitration clause? Why or why not? Identify the ethical concerns regarding Walexron’s approach to the arbitration process and recommend actions Walexron could take to remedy the ethical concerns.

Manuel Perez has high chances of invalidating the arbitration clause in question for several reasons.

Firstly, the case materials indicate that there is no applicable arbitration clause at all. Thus, in Staschiak v. Certified Logistics, the court made a ruling that if there is a special disclaimer in the employee handbook, it may not be considered as a part of the employment contract. In addition, this ruling stipulated that the employment agreement should contain a specific reference that ...

Personal Mastery

Personal Mastery Personal Mastery Since the dawn of our civilization, people have been trying to study the world around them. Within the ages passing, human nature has proved to be inquisitive and curious. Therefore, eagerness to learn and find out something new is considered to be a mandatory feature of a successful person. In fact, this belief took the shape of the special managerial discipline, which is personal mastery. Personal mastery is a name for the process of getting mature in the field of organizational behavior. Personal mastery identifies the possibility of person’s growth and evolution. Step by ...

Corporate governance refers to a system in which companies in a given region are directed and controlled. It involves a set of relationships existing between the board, management, shareholders and any other stakeholders of the company. Corporate governance as well is instrumental in the provision of a structure of setting the objectives of a company, the means of attaining the set objectives and monitoring performance of the company. Corporate governance lies on four pillars which include accountability, transparency, fairness and responsibility (Sharar, 8). A corporate governance framework is necessary to safeguard the interest of the various stakeholders in any ...

Corporate governance refers to a system in which companies in a given region are directed and controlled. It involves a set of relationships existing between the board, management, shareholders and any other stakeholders of the company. Corporate governance as well is instrumental in the provision of a structure of setting the objectives of a company, the means of attaining the set objectives and monitoring performance of the company. Corporate governance lies on four pillars which include accountability, transparency, fairness and responsibility (Sharar, 8). The Qatar Financial Market Authority (QFMA) was established in 2009 (Sharar, 8). After its establishment, QFMA ...

Introduction

A family business is a profit-making entity that entails the significant roles of decision making, ownership, and leadership of the business being undertaken by several generations of a family. For a firm to be considered as a family business, the multigenerational element, and the unique family is fundamental (Carlock, Kets de Vries, and Florent-Treacy 12). Family businesses vary from size to industry; there are corner shops with a history of family ownership and leadership and similarly publicly listed multinationals, which share a similar foundation (Carlock, Kets de Vries, and Forest-Treacy 17). Internationally, there are numerous examples of family-owned businesses; ...

Part 1: Company Selection and Analysis:

Introduction The company selected for our management analysis is the Saudi Arabia’s National Oil Company, Saudi Aramco. This is a company that does its operations by doing an exploration and also producing of petroleum products. Moreover, the firm has a fully integrated refining plant that works in collaboration with the marketing department of the company to ensure that customers are aware of their products. The company was founded in the late 1930s after Saudi Arabia became a concerted nation ("Saudi Aramco - Profile"). After the unification was successful, around 1933, the Government was able to grant the Standard ...

Volkswagen vs Ford

Introduction Volkswagen and Ford are both family businesses working in the global automotive industry. In 2015 worldwide 73.9 million of passenger cars were sold in the global automobile markets along with the 86.56 cars produced. The biggest automotive markets can be found in China and in the United States. The biggest automotive suppliers in the industry are from Asia and Europe and include Bosch with steering systems, Continental in the area of tire manufacturing, Denso and Magna. The size of automotive supplier market worldwide is estimated at €620bn (The Statistics Portal, 2016). Those suppliers are currently faced with the ...

Analysis of an Article about Compensation

Business Analysis of an Article about Compensation Davis, DeBode, and Ketchen (2013) have articulated various management theories that have a bearing on CEO compensation. How much and in what manner to pay a CEO is arguably one of the most important decisions a Board of Directors has to make. The decision would convey strong signals to the external as well as internal environment. Competing firms and the industry would be likely to benchmark the CEO’s compensation to their own. Shareholders would be keen to assess how the CEO compensation translates to a return on their investment in the ...

Importance of Studying Organizational Behavior

Organizational behavior is the study of the influence group and individual interactions within an institution affects its overall performance. This discipline is essential in understanding employee behavior and developing frameworks that encompass different unique aspects of the human resource. Management studies can only inform students on the general requirements of the responsibilities they will perform in the workplace; however, organizational behavior equips them with the necessary skills to adapt to the institution-specific environment they are placed in. One such element is diversity, which is an emerging business issue emanating from globalization; diversity in the workplace requires a leader to ...

Question 1 Directors’ Duties

Issue For a business to register as a company it should satisfy the following requirements: a name, one or more shares and shareholders having limited and unlimited liability. Having directors is also a requirement. Once a venture has this, it can go ahead, apply for registration as stated in section 11, and send an application to the registrar. The application must be in a prescribed form and signed by each applicant; this includes the named directors and shareholders. The proposed company’s name and constitution should be included in the application, as stated in section 12. Once the application ...

The City and State

Executive Summary The present report analyses the data provided as part of the ongoing efforts to arrive at data driven decision making for the coffee roaster and supplier firm –‘Sublime Delights.’ The report takes into account the BADIRTM methodology in order to develop an analysis strategy and derive meaningful and actionable intelligence for the management of the company to take effective decisions. The report starts with a brief introduction of the company, proceeds further with the problem statement and the methodology used. The report then goes on to process and analyze the data as collected from various sources towards ...

Abstract

The question on the moral issues surrounding companies and their decision makers has been there for a long time. This has become even more critical given companies’ ever-increasing urge to outdo their competitors. It has consequently, led to the development of decision-making models that incorporate ethical values to describe processes that decision makers should follow when dealing with issues containing ethical dimensions. That, therefore, creates and maintains a corporate culture that is ethics-oriented. Many problems and solutions have been attributed to the corporate practices that constitute an organization’s culture. That definitely makes it an important determinant of the ...

Executive Summary

Family businesses have been making vital contributions to the British economy and the forecast indicates even more in the coming years. A typical family business in UK, Associated British Foods plc, has been performing consistently well for over 100 years. The company has built up portfolios in Sugar, Agriculture, Retail, Grocery and Ingredients segments and owns many of the most famous food brands. Starting with bakery products, the company has diversified into the other segments mostly by prudent acquisitions. The models generally used for analysing family businesses, namely the three circle model, the 12S model and the business canvas ...

There is an ongoing discussion about the necessity to grant a seat on the boards of directors to the unions, and there are both proponents and opponents of the idea to have a representative of the union join the board (Fossum, 2009). The main argument of the opponents is that having a union representative on the board will make the process of decision-making easier, as the decision will be made in agreement with the company’s employees. In some European countries, there is a legislation adopted to ensure that the employees are represented by the union at the meeting ...

Introduction

Tesla Motors Company is an American company that designs, manufactures, and sells electric cars as well as components of electric vehicle powertrains. Tesla Motors is also a public company that trades on the NASDAQ stock exchange using the symbol TSLA. The stock exchange of the company has been recently rising tremendously. In the year 2014 the stock of the motor company rose up to nearly 70% and in the last 12 months, the figure incredibly rose up to 618%. Tesla Motor Company was founded in California's Silicon Valley and was incorporated in July 2003 by two individuals, namely Eberhard ...

Impacts of Outsourcing Internal Audit Fuction Author NameInstitution Name

Abstract This research finds out the effects outsourcing internal audit and extent of external auditors’ dependence on the work done by the internal audit team. We explore if outsourcing the internal audit function affects reliability on internal audit job already done and the use of assistant’s position for internal audit. We determine if internal audit outsourcing, the role of internal audit in systems consulting, affects external auditors’ dependence on internal audit. Results show that involvement in consultancy activities relating to the financial reporting system affects the extent of reliance on the work of the internal audit. When internal ...

Banner health is a non-profit health organization in the U.S with its headquarters based in Phoenix in Arizona. This organization is currently operating in seven states in the country, that include Arizona, California, Alaska, Colorado, Nevada, Wyoming, and Nebraska. The organization is operating 25 acute-care facilities and several other special facilities. Banner health organization is also operating clinics, hospital care, emergency care, hospice, ambulatory surgery centers, rehabilitation services, long-term care, home health agencies, clinical laboratories and primary care (Banner Health, 2013). This organization has made itself unique as a healthcare institution in the sense that it’s committed to ...

Company Structure

It is the limited liability company based in Switzerland but operates globally in the manufacturing of baby foods, beverages, cereal, frozen foods, nutrition products, ice cream, confections, water and pet foods. A board of directors manages it with Peter Brabeck as the current chairperson who was promoted from being the former Chief Executive Officer. The Executive Board, who are fourteen in number, manages the day-to-day operation of the business. They are designated board members handle the business at a global level that is the company has divided the business to operate from different geographical zones.

The Mission Statement

“Good food, Good life,” ...

Business

Executive Summary: The value of oil in spurring growth and development in world economy is undeniable. In the last 100 years, the allure for oil has increased. This development is anticipated to surge until an substitute sources are discovered. Bp is among the global and outstanding oil company of revered repute. However, its businesses practices have been compounded with environmental challenges which it needs to solve. Recent oil spill in the Gulf of Mexico highlights gives a credence why it is important for the business to implement environmental compliance policy. It is reported that around 174 million gallons spilled ...

Business Plan

Executive Summary 3 1.0 Introduction 4 2.0 Operations plan 5 2.1 Location and facilities 5 2.2 Business processes 6 2.3 Distribution and outsourcing 9 3.0 Organizational plan 10 3.1 Management 11 3.2 Mission 12 3.3 Purpose 13 3.4 Vision 13 3.5 Legal structure 13 3.6 Organizational chart 14 4.0 Marketing plan 16 4.1 Price 16 4.2 Product 17 4.3 Place 19 4.4 Promotion 20 5.0 Financial plan 21 6.0 Growth plan 22 7.0 Contingency and harvest strategy 23 8.0 Timeline to launch the plan 25 9.0 References 28 10.0 Appendices 29

Executive summary

Don’t we all enjoy the experience of ...

The increase in the number of corporation necessitated the formation of cooperate governance, which is a particular set of laws and practical approach through which organization is directed as well as controlled to focus on the internal and external corporate structures, with the intention of monitoring the management's actions, including those of the directors. Thereby instituting measures that may stem misdeed of corporate officers. The paper tests whether Citic Pacific as a company applied corporate governance in its oversea deals. The empirical evidence based on exhibits will be the supporting documents of the literary content written. First, the paper ...

Introduction

Sole proprietorship, partnership, and corporation are the three of the four main forms of business organizations. One is required to understand first all the features of these business organizations before establishing one. Regarding the ease of formation, the sole proprietorship and partnership business organizations are easier to form than a corporation. The management of these two forms of business is also easier than the management of a corporation. Consequently, the present paper delves into the characteristics, benefits, and drawbacks of each of these business organizations.

Sole Proprietorship

A sole proprietorship is essentially a form of business organization, which is typically owned, ...

Agenda Item: FAIR LABOUR CONDITIONS FOR WORKERS

Sponsor: [] Draft Resolution: Primark Company should consider registering with Fair Trade in which case it will have a good opportunity of improving the working conditions of all labourers as well as enhancing the quality of products manufactured by the said workers.

Executive Summary:

This paper presents a proposal to the Board of Directors about the need for improvement of the labour conditions in the factories owned by the Company. Amid the public outrage that came as an aftermath of the collapse of the Clothing factory, it would be prudent to ensure that public confidence is restored in the Company. Essentially, initiatives ...

Change Management in Bettington Trading and Sons

As a family company, Bettington trading and sons has experienced a commendable growth in business over some years. Transfer of management from one family member to the other with the help a professional board of directors has seen the company remain sustainable due to commitment and relationship building. However, a move to implement change in the organization by a family member tasked with managing the company has met frustrations from the board of directors who do not seem to agree with how this should be done so fast. The management is not in agreement on whether the company should ...

Succession Planning in Organizations

Appointive posts in organizations always have a set time limit under which an executive officer or director serves. An organization can have a compulsory retirement age of 60 years for Chief executive officer (CEO) and other senior management officials. When these people are approaching this age limit, an organization began a roll out program to start looking for CEO five years before the current officer leaves the office. In this case, when the current CEO reaches 55 years, the company will be on the lookout who will be the successor. Succession planning is highly practiced in organizations for the ...