2 Questions in attachment Essay Example | Topics and Well Written Essays - 750 words

2 Questions in attachment - Essay Example It is thus difficult to define ‘doing right things’ (Keown, Martin and Petty, 2008, p. 21). Simpson and Brown, president and secretary of two different companies marketing asbestos, acted presumably and they did right things especially when it is perceived from a business view point. Asbestos is a fibrous mineral that can be used for electrical insulation and many other purposes, but it has a danger side that if one has exposed to it for long years, it is more likely that he may get chronic lung inflammation or chest cancer etc. though this is the fact, Simpson refused a newspaper from publishing an article regarding this product and its side effects. Brown’s words were that â€Å"the less said about asbestos, the better off we are†. Though these are legal as they wanted to maintain their business and profitability and it cannot be criticized on the grounds of good business practices, these can never be justified on the ground of ethical behavior. Their attempts not only caused blocking right information to the public, but also hiding the facts and thus makin g public less aware of the danger of asbestos and its side effects. As far as social responsibility and social values are concerned, Simpson and Brown were not ‘doing the right things’. Every society adopts a set of rules or laws that prescribe what it believes a doing right things. A business has social responsibility beyond the maximization of shareholder wealth (Keown, Martin and Petty, 2008, p. 21-22). Social responsibility of a firm or a person representing a business directs attention to invoke norms that can express legitimate and stable expectations respecting the conduct of persons in position of social trust (Wueste, 1994, p. 2). Sims (2003) argued that organizational management and business people that truly care about business and corporate social responsibility is proactive rather than becoming reactive in linking strategic actions, business practices and

Turnover Calculations Essay Example | Topics and Well Written Essays - 250 words

Turnover Calculations - Essay Example It also informs the HR professionals that turnover can be a good aspect at times when it applies to non-performing employees since the important thing is employee productivity. Such data also helps HR professionals and their respective organizations to realize that employee turnover brings with it other related costs which include separation costs, vacancy costs, replacement costs, training costs, and indirect costs. In reducing employee turnover rates, HR professionals need to employee effective employee retention practices. Retention is not about offering the best salary packages to employees. One effective retention strategy is the building of positive work relationships within an organization. These include relationships between employees and the organization’s management, as well as relations between the employees themselves. The management includes the supervisors, managers, top-level managers, and the management board. Each of these levels of management has to ensure that they build a cohesive workplace where each worker feels part of the organization. For example, a supervisor can build positive work relationships by being nondiscriminatory and fair, allowing work-family balancing, enabling work flexibility, and providing feedback that appreciates a worker’s performance and efforts. This can create a positive work environment that in turn aids

Ancient Greece and Magna Graecia Essay Example | Topics and Well Written Essays - 2500 words

Ancient Greece and Magna Graecia - Essay Example Therefore, the Hellenic civilization flourished, later accepting the influences of native Latin civilization. The objective of the essay is to explore the influence of the Greek civilizations on its colonies and to know how far the Hellenic civilization embraced the hue of the native culture and civilization. Moreover, the focus will be to delve into to the ancient history to bring out the efforts of the indigenous people of the colonies to resist to maintain their own identity. The artifacts evidences will be explored to substantiate the stance. Hellenic art, which has a diverse subject matter and is enriched in stylistic development, flourished in an age which is distinguished by a strong sense of history. It was the age when museums and great libraries were established. The Hellenic art kept the traditions but had also made great innovations . The neo- Hellenic Art; the art which flourished in the Greek colonies had no precedence in earlier Greek art. As for example we find grotesques subjects; the figure of Greek Dwarf is, among the statuettes of the Hellenic civilization and Roman period, a standard example and type of grotesque. (Archaeological Institute of America; Vol.88 No.3, July, 1984, pp. 389-391) And the portraits of ethnic people, especially of Africans, betray the diversity of the Hellenic civilization. The new affluent class of consumers, who benefited from the trades, decorated their homes with luxury goods, such as bronzes statuettes, delicately carved furniture, sculptures made of stones and pottery with mold-made decorations. In the chapter on Pithekoussai and Cumae in The Greek Cities of Magna Graecia and Sicily by Luca Cerchiai, Lorena Jannelli, Fausto Longo, there is a picture of Rhodian cup from the grave yards of Monte Vico, which dates back to 730 B.C., and it bears the inscription 'I am the goblet of Nestor, fine to drink from, but whoever drinks from this goblet will instantly be seized by desire for the well-crowned Aphrodite.' This inscription reveals the vast knowledge of the epic cycle and it also reveals that the owner of the cup or whosoever used it was quite familiar with the Iliad.The Romans were the avid collectors of Greek art who loved to decorate their houses with Greek sculpture as demanded by their taste and interests. The wall paintings of Boscreala are t he evidence of the classical milieu that the Romans aristocracy preferred for their homes. Archaeological Evidence: The Town Planning: (a)Hippodamus of Miletus Hippodamus of Miletus is the known Greek urban theorist. The world knows him from the brief description of Aristotle in Politics. Aristotle tells us that Hippodamus, "discovered the division of poleis" This refers to the physical planning of the cities which surely did not refer to the invention of grid plan, which was an ancient technique and was in use when Hippodamus was born. (Cahill, 2002). Hippodamus introduced, in his utopia, the tripartite system; his polis, comprising of 10,000 citizens, was divided into three sections, one section was for artisans, the other for farmers and the third section was for soldiers. Likewise the land was also divided in three parts; religious, public and the private part. This numerology of Hippodamus is attributed to his background of Ionian

Investing in Enterprise Project Management Essay

Investing in Enterprise Project Management - Essay Example Investing in Enterprise project management helps business organizations integrate different computer interconnected applications connected to a computer-based environment in a workplace setting. This website is a renowned provider of cloud-based and on-premise project portfolio management solutions aimed at enhancing operational excellence, financial performance, and strategy execution across the enterprise. Oracle operates from a single vendor to supply quality in-class solutions that enhance the environments in all major project portfolio management. This website explores a program in its portfolio project management solutions known as the Primavera. It states that Primavera is a proven provider of portfolio project management solutions that is critical in the management of capital projects in industries that are assent-intensive in nature. The Website indicates that Primavera accomplishes the PPM by addressing both the EPC contractor and the owner of the capital projects environment. The website indicates that Oracle Primavera helps in the scheduling, planning controlling and executing individual projects and large-scale capital projects. Oracle Primavera also tracks progress and allocates best resources, as well as balancing the capacity of the resources. The website also indicates that Oracle Primavera helps in fostering collaboration among the project teams, visualizes and monitors the performance of the project versus plan. The Oracle Primavera also helps in implementing governance for the management of change process in the Enterprise. It is also noted in the website that Oracle Primavera integrates with human capital management and financial management systems. The website also indicates that it the program called Instantis Enterprise Track helps in the optimization of resource investments and optimization of IT projects across the enterprise. The Instantis Enterprise

FIN501 - Strategic Corporate Finance Mod 3 SLP Essay

FIN501 - Strategic Corporate Finance Mod 3 SLP - Essay Example But we might wonder what determines the rate of return that a shareholder would want on a particular stock? It would depend for one thing on the price of the stock (highs, lows and average) and the historical trend of dividend payouts that has been made in recent years. Though every stockholder would have his personal thoughts and opinions on this, we can be sure that it would be higher than the risk free rate- the rate on US Government bonds maturing in one year and guaranteed by the Government. It would also depend on the Beta coefficient for that particular stock. In fact a good estimate of the rate of return expected by a stockholder in relation to a particular stock would be given by the Capital Asset Pricing Model formula which goes as follows: Rj - RF = ÃŽ ²j [RM - RF]. By using this model, we can estimate the cost of equity or the rate of return that our companys shareholders require. Every financial manager must be aware of this because it will help to determine whether a particular course of action by the company will or will not add value to the shareholders. This is the minimum rate of return and may be regarded as the cost of equity. Given that the average cost of capital for a firm in the S&P 500 is 10.2 percent, I would have expected the Coca Cola Company to have a lower cost of capital than the average firm. This is because the Coca Cola Company is a good stock with consistency in performance and price. The price fluctuation for Coca Cola stock has not been too much, with a current price of $67.46, a low of $61.29 and a high of $71.77 in the last 12 months (Yahoo Finance, 2012). Now I will compare the Beta and compute the Required Rate of Return using the CAPM for Dr. Pepper and the Pepsi Corporation, two competing firms of the Coca Cola Corporation and in the same industry sector. For Dr. Pepper the Beta is 0.74 and for Pepsi Corporation, the Beta is 0.42 (Yahoo Finance, 2012). The required rates

Business Biblical Worldview Essay Example for Free

Business Biblical Worldview Essay This paper will explore what a Biblical Worldview is and present a Biblical Worldview process of contracts, ownership and responsibility. A Biblical Worldview is a view that holds to the belief that there is absolute moral truth; no one can earn their way into Heaven with good deeds; the Bible is 100 percent correct in all aspects; Jesus Christ lived a life free of sin while He was on earth; and God is omnipotent, omniscience, and the ruler of the universe (Barna Group, 2009). It has been proven that one’s worldview has a powerful impact on the way he conducts his everyday life and the choices made in any given situation (Barna Group, 2009). One living by a Biblical Worldview is less likely to use profanity; to misuse media; to gamble away money; and to abuse alcohol (Barna Group, 2009). The person with a Biblical Worldview is more likely to be honest; be more civil towards others, and make proper sexual choices (Barna Group, 2009). There exists a belief that a person develops a primary worldview by the time he reaches age 13. The teen and early adult years refine the worldview and then it is passed on to others throughout their life as an adult (Barna Group, 2009). A contract is an agreement that is enforceable by the law. It is created when two or more persons agree to do something or agree to not do something (Liuzzo, 2010, pg. 79). All involved parties must be competent. A competent person is one that is of legal age and possesses normal mental health (Liuzzo, 2010, pg. 80). â€Å"All contracts are agreements, but not all agreements are contracts† (Luizzo, 2010, pg. 9). In business, contracts are used to employ people and to sell goods, and to sell services (Luizzo, 2010, pg. 79). For a contract to be enforceable legally it must contain certain elements. There must be an offer made to one party and acceptance by another party; there must be consideration; all involved must mutually agree; all parties must be competent; there must be proper form; and the expected performance of the contract must legal (Luizzo, 2010, pg. 79-80). Because of the definition of contracts, there is a tendency to view it as a hysical experience with no spiritual implications at all (Chester, n. d. ). Buying, producing, selling and serving take place in the tangible physical world but it is taking place just below the intangible spiritual world connecting them together (Chester, n. d. ). The prophet Elisha saw the connection in 2 Kings 6:17, NASB, †Then Elisha prayed and said, â€Å"O LORD, I pray, open his eyes that he may see. † And the LORD opened the servant’s eyes and he saw; and behold, the mountain was full of horses and chariots of fire all around Elisha. Here in the tangible physical world they appeared to be doomed, however, in the intangible spirit world they were victorious. (Chester, n. d. ). The physical aspects of life must line up with the spiritual aspects in a business with a Biblical Worldview. Any business that lasts is organized to line up philosophically, values wise and has the principles that demonstrate the nature of God (Chester, n. d. ). A contract or agreement that holds to a Biblical Worldview would not mirror the lop-sided contract held between Jacob and his uncle Laban. The contact between Laban and Jacob was legal. Both Laban and Jacob were competent, as they are both equals (Mabee, 1980, pg. 194). Though the agreement had all of the necessary elements of the Biblical time to make it legal, Laban did not adhere to the contract. Laban set out to cheat Jacob at every turn. The initial agreement was for Jacob to work at â€Å"Laban, Inc. † seven years for Rachel’s hand in marriage but he ended up working 14 years for her instead due to Laban’s trickery. Altogether Jacob worked for Laban a total of 20 years with Laban changing his wages (the agreement) ten times, â€Å"You know that I have served your father with all my strength. Yet your father has cheated me and changed my wages ten times†, (Genesis 31:6-7, NASB). As a Christian, the business owner is to honor any made agreements and contracts, as this mirrors the attributes of God. The Bible admonishes the believer to â€Å"Let your no be no and your yes be yes†, and anything outside of that is evil doing (Matthew 5:37, NASB). James 5:12, NASB also warns, â€Å"But above all, my brethren, do not swear, either by heaven or by earth or with any other oath; but your yes is to be yes, and your no, no, so that you may not fall under judgment. Christian business owners who hold to a Biblical Worldview understand and accept the fact that God owns everything (Tacket, 2012). â€Å"Hear, O My people, and I will speak; I am God, your God†¦For every beast of the forest is Mine, The cattle on a thousand hills† (Psalm 50:1-10, NASB). God tells us in Haggai 2:8, NASB that He even owns the silver and gold (money) everyone seeks after, â€Å"The silver is Mine and the gold is Mine,’ declares the LORD of hosts. † Jehovah God is simply loaning it to one and requires good stewardship over the things He has granted.

Relations of the Ascending Aorta :: essays research papers fc

  Ã‚  Ã‚  Ã‚  Ã‚  The ascending aorta, or aorta ascendens, along with its constituents, amounts to about five centimeters in length. It constitutes the initial division of the aorta, the largest artery in the body. It originates from the upper portion of the left ventricle of the heart at the aortic valve â€Å"on a level with the lower border of the third costal cartilage behind the left half of the sternum; it passes obliquely upward, forward, and to the right, in the direction of the heart’s axis, as high as the upper border of the second right costal cartilage, describing a slight curve in its course, and being situated, about 6 cm. behind the posterior surface of the sternum.† (Gray† 1) It then gives rise to the right and left coronary arteries, which supply the heart muscle. It then curves left continuing into the arch of the aorta. Originating from the aorta are the right brachiocephalic trunk, left common carotid, and left subclavian arteries. The corona ry arteries, thus being, the only branches of the ascending aorta.   Ã‚  Ã‚  Ã‚  Ã‚  At the entrance of the ascending aorta are three minute aortic sinuses and the Aortic Semilunar Valve, a three-cusped valve located at the base of the ascending aorta behind the sternum at the level of the third intercostal space (Grine 273). The point at which the ascending aorta converges with the aortic arch is termed the bulb of the aorta, a swelling due to vessel increasement on the right wall. Lying superior to the ascending aorta is the trunk of the pulmonary artery and the auricular appendage of the right atrium. It is partitioned from the sternum by the serous pericardium, the right pleura, the anterior margin of the right lung, some loose areolar tissue, and the remains of the thymus. Posteriorly, it is propped upon the left atrium and right pulmonary artery. Lying adjacent on the right border is the superior vena cava and right atrium.