SHRED case analysis Essays

SHRED case analysis Essays SHRED case analysis Paper SHRED case analysis Paper Hal was appointed to lead an accountant team on November 15 His Job was to report the audit progress There are typically 4 positions in an audit team: Partner-in-charge: overall the most responsible one Manager: supervises the whole auditing process In-charge-senior: carries out the auditing plan Staff members: perform tasks Frank is the partner-in-charge Although very unfamiliar, Hal becomes one of the four seniors, but after Richard signs, Hal becomes in-charge-senior, Audit report needs to be done by January 15 There were many statements that couldnt be provided to Hal. Hal and Linda both encounter unusual items. Step 3: Write the problem statement. A. First list the symptoms of the overall problem thats causing the symptoms. The other senior auditors act in their own way rather than together. Frank has poor work ethics. Franks work ethics affects the whole auditing process The deadline is near. B. Then name the mall underlying Issue?the core problem Due to Franks poor work integrity, it affects Halls job and position as the in-charge- Enron. C. Write the problem statement. State the most significant problem in 3 to 5 sentences. Hal, the auditing In-charge-senior of Reheard Company, was assigned to audit the ABA Group Ltd. As a result of Franks, the partner-in-charge, poor work ethics, Halls position as the in-charge-senior and the whole assignment gets jeopardized. Hal must approach Frank within the next day to straighten things out and to talk to him about the teams findings, otherwise, Halls positions, the firm, and ABA will face bad consequences. Step 4: State an objective for the manager Involved. Short-term objective (s): 1. To straighten things out with Frank 2. To present the teams findings and to make sure the auditing team is on the same page. Long-term objective (s): 10 present a stressful rep 2. To work together as a team. Rotor Step 5: Identify and rank order critical issues (underlying issues) related to the problem. Were focusing on one underlying issue in many cases, but there can be more than one. 1. Due to Franks poor work ethics, it affects Halls Job and position as the in-charge-senior. 2. The team is not working together, nor are they on the same page. 3. An audit report for the ABA is due on January 15. Step 6: Consider relevant information (facts) and underlying assumptions related to the problem. The other senior auditors act in their own way rather than together. Frank has poor work ethics. Step 7: List possible solutions to the problem. 1 . ) Hal can go ahead report his findings Advantages It will deal with the situation with Frank The right thing would be done/work ethics and integrity. Disadvantages It makes him a little tattle tale for exposing Frank It will make the auditing group look bad, as if they can not work together. Possible Outcomes Best: The group changes and works with integrity. Most Likely: The Frank situation will be dealt with. Least Likely: The group will look bad. 2. ) Hal can go along with his teams report There will be a report to present to ABA Even though the Frank situation wont be brought to attention, it will make the group look as if they worked together, professionally. Disadvantages It is not the right thing to do Frank will continue to act like this Best: ABA will never find out about the issues regarding Frank Most Likely: They will have something to present to ABA Least Likely: ABA find out about all the issues happening within the auditing group step B: select ten Test solution. I think the best solution for Hal is to report his own findings. With work, integrity and having good work ethics is absolutely important. It is important for the own individual and of course the company. Frank might thinks that he is benefiting from it, but it really is going to affects him. Not only does it affect him, but it also affects his colleagues, the ABA, and Reheard Company. Step 9: Decide how to implement the solution. Hal should talk to Frank personally first. If that does not work I think Hal should bring the attention to maybe the boss of Reheard Company. It might make Hal seem like a tattle tale, but at the end of the day it is really about doing the right thing. Step 10: Explain how to communicate the solution. Hal should talk to Frank first and try to hash out the problem. They should discuss about his findings and then try to solve it right then and there. Hopefully Frank will change and see what the better choice and route is for him, the company, and his colleagues.

Make Potassium Chlorate From Bleach and Salt Substitute

Make Potassium Chlorate From Bleach and Salt Substitute Potassium chlorate is an important potassium compound that can be used as an oxidizer, disinfectant, source of oxygen, and component in pyrotechnics and chemistry demonstrations. You can make potassium chlorate from common household bleach and salt substitute. The reaction is not particularly efficient, but its something to keep in mind if you need potassium chlorate right away or just want to know how to make it. Key Takeaways: Make Potassium Chlorate From Bleach and Salt Substitute Potassium chlorate is used as an oxidizer, disinfectant, and colorant (purple) in chemistry demonstrations and fireworks projects.While its not the most efficient chemical reaction, its simple to make potassium chlorate by boiling bleach, cooling it, and mixing in a saturated solution of salt substitute in water.The synthesis works because potassium from the salt substitute displaces sodium from the sodium chlorate made by boiling the bleach. The product is sodium chloride and potassium chlorate. Since potassium chlorate is not very soluble in water, it precipitates and may be collected by filtration. Materials for Making Potassium Chlorate You only need two ingredients to synthesize potassium chlorate: Chlorine bleachPotassium chloride (sold as a salt substitute)Filter paper or coffee filter Take care to check the label on the salt substitute to make certain the ingredient is just potassium chloride. While salt substitute is potassium chloride, lite salt is a mixture of sodium chloride (table salt) and potassium chloride. The reason this project works is because potassium replaces sodium in sodium chlorate. Basically, you need to make certain you are supplying the potassium. While it shouldnt be significant, keep in mind household bleach has a shelf life. If your bottle of bleach has been opened and stored a long time, its a good idea to get a fresh one for the project. Prepare Potassium Chlorate Boil a large volume (at least a half liter) of chlorine bleach, just until crystals start to form. Do this outdoors or under a fume hood, to avoid inhaling the vapor. Boiling bleach disproportionates sodium hypochlorite into sodium chloride and sodium chlorate.3 NaClO → 2 NaCl NaClO3As soon as crystals start to form, remove the bleach from heat and allow it to cool.In a separate container, prepare a saturated solution of potassium chloride by stirring potassium chloride into the water until no more will dissolve.Mix equal volumes of the boiled bleach solution and potassium chloride solution, taking care to keep solids from either solution out of the mixture. This is a substitution or single replacement reaction. The two products are separated based on solubility. Potassium chlorate will precipitate out, leaving sodium chloride in solution.KCl NaClO3 → NaCl KClO3Cool the solution in the freezer to increase the potassium chlorate yield.Filter the mixture through filter paper or a coffee filter. Keep the solid potassium chlorate; discard the sodium chloride solution. Allow the potassium chlorate to dry before storing or using it. NurdRage has a video of the process if youd prefer to see how its done. Potassium chlorate is used in fireworks as an oxidizer and to produce a purple flame. Teeraphon Phooma / EyeEm / Getty Images You can test the potassium chlorate in a simple chemistry demonstration: Purple Fire (shown) - Mix potassium chlorate and half as much sugar. Ignite the mixture either by applying a flame or adding a few drops of sulfuric acid (instant chemical fire).Dancing Gummi Bear - The candy is the source of the sugar in this demonstration. The vigorous reaction between the candy bear and the potassium chlorate makes the bear appear to dance in purple fire. Other uses of potassium chlorate include safety matches, fireworks, disinfectants, pesticides, firearm primer, and to force plant blooming. It is also a good starting point to prepare oxygen gas or chlorine gas. Safety Tips This is a project that should be performed with responsible adult supervision. Undiluted bleach can cause skin irritation and damage eyes and mucous membranes if splashed. Heating bleach should be done outdoors or under a fume hood, as irritating vapors are released. Finally, keep the potassium chlorate collected in this project away from heat or flame until you are ready to use it. It should be stored away from sulfuric acid and sulfur, as spontaneous ignition may occur.

Ways In Which Forces Within The Macro Marketing Environment Affect The Essay

Ways In Which Forces Within The Macro Marketing Environment Affect The Companys Ability To Market Its Products Successfully. Royal Bank of Scotland - Essay Example Marketing includes all the activities of the organization which are geared at identifying market opportunities, satisfying the customer needs and gaining competitive edge in the industry while at the same time maintaining an acceptable level of profitability (Kotler 2003). Financial services include the satisfactions and benefits which are connected to the functions of money which customers receive from the financial institutions. They include bank accounts, debit cards, loans, and mortgage facilities and other financial related value like interest payable and capital appreciation of the bank deposits (Kotler 2003). The development of financial services marketing has been slow due to the unique nature of the services. Financial services are perishable, inseparable and lack standardization in the service performance. This paper shall discuss the strategies which Royal Bank of Scotland in overcoming the challenges of financial services marketing. The paper shall also address the macro marketing environment forces which affect the banks ability to market the financial services (Kotler 2003). The paper shall also review the market segmentation approaches which the bank has implemented. In the final part, the paper shall discuss some components of the banks marketing mix and how the bank has incorporated them in the marketing mix. Question 1: Strategies used by Royal Bank of Scotland in financial services marketing Financial services have certain unique features which presents challenges to the marketing team. Financial services are characterized by intangibility, heterogeneity, fiduciary responsibility, and contingent consumption, duration of consumption, perishability and inseparability of the services from the consumer. Financial services are intangible since they cannot be seen or touched by the consumer. In dealing with intangibility challenge, the Royal Bank of Scotland provides physical evidence to the consumer by providing debit and credit cards to the consu mers (Kotler 2003). The bank also gives cheque books to the consumers and ensures the staffs are properly dressed and present themselves professionally while dealing with the customers. The bank also emphasis on the benefits of its services like low interest rates in order to reduce the customer perceived risk (Kotler 2003). The bank has overcome the intangibility challenge by building good working relationships with al customers hence this helps in attaining customer loyalty. Financial services marketing experiences the problem of inseparability since they are produced and consumed at the same time in presence of the consumer and the service provider (Kotler 2003). Royal Bank of Scotland has implemented s

A case study of Manchester United Essay Example | Topics and Well Written Essays - 2500 words

A case study of Manchester United - Essay Example Away from the pitch, the club also scores high in financial matters being worth around 1.13 billion pounds (IBN live, 2014, Para 2). The two most valued coaches in the history of Manchester United are sir Matt Busby and the legendary sir Alex Ferguson. Busby was the coach when the Munich air disaster happened, but survived and embarked on an endeavor to rebuild the team back to its competitive form. Busby resigned in 1969 and from then no other coach ever came close to his success until the entry of sir Alex Ferguson in 1986. The club has been successful for building on its strengths and focusing on its competencies for continued growth. The paper in this discussion will look at the strengths of the club, its competencies, a market analysis and strategic options in the next five years. Infrastructure- the theatre of dreams this is one of the largest all seater stadium in the English premier league. It can accommodate over 75,000 people and has been used for other purposes away from football. For a team that has been successful in the history of English football, Manchester United certainly has various strengths built over time. It is through capitalizing on its strengths and competencies that this team has been capable of rising to its current state. Through a SWOT analysis, these are the different strengths that Manchester United has built over time. Manchester United has built a global brand all over the world through creating a wide fan base. The club has over time moved from just a football team to a brand, focusing on consciousness around the world. Asia has long been a proud supporter of the team with the region providing the largest number of fans. Building this brand includes visits to Asia and other regions such as North America as they continue to build the Manchester brand. The club has turned fan’s passion into brand loyalty, and the justifying factor is profits (Kirsten, 2002, 14) The period of 1990-2012 has seen the rise

Olivio Assignment Business Law Essay Example for Free

Olivio Assignment Business Law Essay After reading the above and based on the definition of larceny in the text, is if fair to convict a person for larceny if he did not leave the premises without paying for the property in his possession? Does intent to deprive have anything to do with the outcome of a case of larceny? What do you think? Also, should the penalty for larceny vary, depending on where the individual is caught or the dollar value of the good taken? Explain According to NYS penal law (155. 05), â€Å"A person steals property and commits larceny when, with intent to deprive another of property or to appropriate the same to himself or to a third person, he wrongfully takes, obtains or withholds such property from an owner thereof†. So I believe it is fair to convict a person for larceny even if he or she did not actually leave the premises without paying for the property in his or her possession. In the case of Olivio, the story clearly stated that he stopped to look around several times, which confirms that his motive was indeed to steal the merchandise- the story also stated that he ran right past the cash registers in order to make an exit with the merchandise which further confirms that he intended to take the merchandise without paying. Which shows intent to deprive.. I believe the penalty for larceny should vary depending on the dollar value of the merchandise that was taken- I however do not think that the penalty should vary according to where the individual is caught. Where the individual is caught is irrelevant- what matters is retrieving the merchandise and or property that was stolen and punishing the person who stole it.

Myth of Powerlessness :: essays research papers fc

Linda McQuaig's book, The Cult of Impotence: Selling the Myth of Powerlessness in the Global Economy, is a refreshing new approach to viewing the current state of global economy and Canada’s place in it. In recent years, such mysterious terms as fiscal deficits, natural rate of unemployment, stock market fluctuations, interest rate cuts and zero inflation and so on, have received an exceptional level of public consideration. Nevertheless, in spite of the now generally acceptable importance of the terms, their meaning an the effects of the domestic economic policies is left for the â€Å"professional† economists to analyze and present the public, as well as nation’s governing bodies with a list of remedies. Their guiding logic and principles are rarely questioned and more rarely fully understood. In such an environment, McQuaig has earned a wide audience for her writings by stripping away the aura of complexity from controversial economic issues and making them a ccessible and relevant to a general audience. Challenging the opinions of the â€Å"experts†, she is trying to bring back the debatable economic policies of the â€Å"global age† to democratic accountability. McQuaig is a notable journalist and a writer, who has written a number of books on the state of affairs that Canada’s economy is. Unlike her previous books that she has written ,discussing deficit reduction and cuts to social programs among others, this time she drifted away from the specifics and focused on our general view and acceptance of the economic processes. In the book, she attacks nation’s political passivity and acceptance of the believed fact that the domestic economy fully depends on the global market situation and that is should follow the trends. Trapped in this view, governments act as a victims to the global economic process and accepts an its people and impose this view on the electorate. Canada’s economic troubles is not unique. Although, Canada is enjoying a period of relative economic growth, and the level of unemployment is at its lowest level since April 1976 at 6.8% in January 2001 (Tam). However, these 6.8% still mean 1.1 million people jobless. McQuaig argues that combating the unemployment should be the number one national economic policy, at times at the expense of the corporate and governmental financial institutions and currency speculators. The fiscal conservatism of Bank of Canada under Gordon Thiessen, the bank’s governor, and anti-inflationism which have become, it seems, the idà ©e fixe for most state financiers became a source of tremendous political apathy, hindering the capacity of elected officials to carry through on their more progressive and egalitarian campaign promises.

How to Improve Your English

Language plays and important role in human life. Out of all the languages in the world, English is considered as the international language. And me as an immigrant I think it’s very important to work on improving my English skills in order to communicate with people easier, get more job opportunities, and most importantly to get into college. There are plenty of ways to improve your English. To improve your English conversation and oral skills you should watch American movies and T. V. shows with English subtitles, and try to really listen!You should also try and communicate as much as you can and don’t be shy of your accent or your lack of grammar, just know that you’re doing this for the best and to have better English in the future. Personally that helped me a lot and I would strongly advise any person who’s looking to improve their English to use this method. Now if you want to improve your reading skills, just simply, read! Read anything and everythin g in English. You can read story books, newspapers, magazines, blogs, comics, English textbooks, instructions and ingredients on food packages, advertisements or even online articles if you want.Honestly, in our days just going on the internet can be a lot of reading, and with the internet being most in English, it would be a very good and fun way for you to improve your reading and reading speed. However, always remember, do something, anything. Just don’t do nothing, because if you don’t do anything, you will not get anywhere. Don't be in too much of a hurry though. You're setting off on a long journey and there'll be delays and frustrations along the way. Sometimes you'll be in the fast lane and other times you'll be stuck in traffic, just take your time to really enjoy the experience.