Companys Social Networking Policies Assignment Example | Topics and Well Written Essays - 250 words

Companys Social Networking Policies - Assignment Example Social networking can also be misused by leaking confidential information which can harm the firm. Moreover, publication of party photos of the company and disparaging comments about clients or workplace on social media can cause huge embarrassment to the firm. This could lead to not only credibility loss but also adversely impact our firm’s performance and market position. The company has, therefore, decided to disallow the use of Facebook in the office starting on 30th March 2014 and also prohibits the publication of party photographs and derogatory comments on work colleagues, clients, partners and the company’s various other stakeholders on the Internet. The breach of company policies and social media etiquette would be treated as a serious offense and necessitate appropriate actions to be taken against anyone violating such policy. We strongly believe that technology should be used to exploit new opportunities, especially by our young talents who have huge potential. As human capital and trusted employees, your contribution to the company is invaluable and you should not do anything to jeopardize that trust. We, therefore, expect that company policies and social media etiquettes be stringently  followed.

What are the factors which affect the propensity of firms to innovate Essay

What are the factors which affect the propensity of firms to innovate through collaboration with other firms and which affect the outcomes of such interaction - Essay Example Various factors that are perceived to be beneficial to partnering firms cause them to come together and innovate together. Some of the factors that cause firms to collaborate in innovation include reducing the cost of development of the technology, reducing the potential risks that are involved in technological development or entering the market, to achieve the economies of scale, which reduce the cost of production, promoting shared learning between the firms involved, and reducing the time taken to produce and market new products (Tidd, Bessant and Pavitt, 2005, p25-78). The results of the collaborative invention vary significantly according to different companies, and these factors may be beyond or within the abilities of the partnering firms. Some factors that influence the results of a collaborative interaction between firms include: the competitiveness of the partners, the transparency issues, receptivity of ideas, the rate of learning and bargaining power of partners, the intention of the firms when they accepted to enter into collaboration, and sustainability of the deal (Hamel, 1991, p.83-101). These factors determine whether or not the collaboration will continue in order to develop technologies together. If the factors are favourable to the collaborating firms, they continue to develop technologies together. Different companies collaborate in innovation according to different interaction policies. These interactions are determined by conditions that are set by those partners, when joining together as well as those that are related to sustai nability. In order to understand the issues that are related to the collaborative innovation, there is need to explore the factors that influence firms to come together as well as those that influence the sustainability of collaborative innovation interactions. In events where firms collaborate to innovate, they need to put into consideration all the issues that can arise

Organisations need strong culture. Consider this statementin relation Essay

Organisations need strong culture. Consider this statementin relation to how we understand and makesense of culture in the post-bureaucratic era - Essay Example The aim of this paper is to explain the mainstream approach to organization culture. Here the managers always work to maintain right values, ethics, code of conduct and norms. Culture is the top priority for organizations where culture management, ensuring employees to follow the organization’s culture leading to organizational success. Values, norms and ethics vary among organizations when organizations are treated as different states. All of these organizations have different value sets and norms leading to differing systems and structures (Brewis, 2007). Culture, therefore, provides a common sense to the organization that enables the human resource to delineate ways to how to act and when and where to act. Organizational culture is responsible for bringing an organization to life as all the strategies, policies, regulations must be synchronized with the culture and the employees and managers (the alive participants) of the organization keeps the culture alive by following it. Organizational culture is therefore written and stored in the form of job descriptions, procedures, strategies etc. But if there arises a conflict between the documented and the practiced norms, values, and beliefs practiced within an organization, serious conflicts may occur leading to disastrous effects. The people will drift away from the formal rules at workplace. Organizational culture comprises of values and sets of beliefs that directly and predominantly originate from people’s minds identified as cultural artefacts (Brewis, 2007). Cultural artefacts are somewhat tangible and more material embodiment of organizational culture consisting of: According to Schein, among the three levels of culture, artefacts forms the tip of the iceberg, that is the visible part keeping hence, the two other parts way behind and hidden beneath. Values refer to answering questions such as what we are

CSR and challenges faced by MNCs Essay Example | Topics and Well Written Essays - 2500 words

CSR and challenges faced by MNCs - Essay Example 3). Multinational Corporations (MNCs) are found to experience intense pressure for performing socially responsible activities in their global operations. However, the corporate social responsibility (CSR) from the global perspective and its management by the MNCs are still less understood. There has been an increased promotion of CSR activities followed in the business environment worldwide. In addition to this, various voluntary initiatives and global guidelines are emerging to facilitate improvement of CSR in global operations. MNCs can be considered to be consisting of differentiated network which are significantly complex in nature. They are associated with internal heterogeneity and are required to face various complex situations related to managing across units that are globally diverse and dispersed (Barlett, Doz, and Hedlund, 1990). MNCs have to face diverse environments related to their stakeholders spread over all their international operations in various geographical areas of the world. The MNCs are required to address diverse issues of their stakeholders in diverse contexts and multiple levels of their operations. Managing of CSR by MNCs globally also involves cross border management and transfer of CSR activities across different geographical locations where they operate. MNCs are also required to manage the local CSR practices that are suited to the regional and local context of their subsidiary units. Hence, the MNCs have to face multiple and demanding challenges regarding management of their CSR activities across the globe. This paper entails about all those demanding challenges that are being faced by most of the MNCs worldwide today and how they are managing to do so in an effective manner to ensure their sustainable growth and development in future. CSR and Challenges Faced by MNCs The interests of the society are recognised through the CSR practices followed by an organisation and it takes the responsibility of the various impacts that its b usiness activities can have on the shareholders, employees, community people and the external environment. CSR can help in serving different purposes for a business organisation. It helps to ensure the fact that the business process is being conducted by the organisations in an ethical way and in alignment with the corresponding interests of the community. It helps in responding in a positive manner to the emerging priorities in the society. CSR serves the purpose of developing willingness amongst the organisations to act beyond the regulatory confrontation. It also helps in maintaining a balance between interests of the shareholders of the company and the wider community. As mentioned earlier, corporate social responsibility has received renewed attention in the business world in the recent years. CSR is now considered to be a critical issue that is needed to be followed by the MNCs mainly because of the increasing demands and expectations from the society, and are also driven by v arious factors like the campaigns organised by the NGOs, managers of the companies who are ethical minded, and seeking opportunities to improve the reputation of the organisations. It is unfortunate that most of the companies begin with big words and come up with responsibility policies and statements,

Reflective Log in Social Work Practice (FOUR Reflective Logs 750 Words Essay

Reflective Log in Social Work Practice (FOUR Reflective Logs 750 Words Each) - Essay Example Through my own prerogative, I was able to develop, implement and introduce troubleshooting strategies that made my friend re-consider taking an abortion. These strategies can also be used in other case scenarios. I realised the value and need to equip myself with technical information and methodologies in handling more complex tasks like teenage pregnancy. Young people like me should be aware of such social work concepts to be able to analyse these social problems with young people who are experiencing such concern. I should have approached her boyfriend in a more informal way rather than in an accusing manner, especially in the idea of having an abortion. Being the father of the unborn child, he should be man enough to face his responsibilities. He should have been more supportive in this critical moment of her life. I would call my friend’s parents, who are working abroad, and inform them of their daughter’s current situation. It is possible that my friend is somehow not getting the attention that she needed from her parents so instead relied on the presence of her boyfriend and friends. Although she has friends and guardians to support her, my friend would still need the support of her parents that would assure her that despite what happened they still love and would take care of her and her unborn child. There is a need to have a community-based institution or â€Å"teenage clinic† that could handle the growing need number of local teenage pregnancy. A school nurse, health visitor or youth worker might be able to help give ideas for setting up the clinic. Young people like me should be encouraged and involved in this kind of social work endeavour. There is a need to increase the youth’s awareness on teenage pregnancy. Schools, healthcare institutions and the local government should educate adolescents the effects of teenage pregnancy, means to which it can be avoided and how this issue can be disseminated. Five years ago, my neighbourhood

Finance and Accounting Concepts Essay Example | Topics and Well Written Essays - 2000 words

Finance and Accounting Concepts - Essay Example It consists of financial activities which include collecting, recording, analyzing and communicating the financial information to others. The financial data is a collection of facts which is expressed in numerical symbols and characters. The major task of the accountant is to records the financial transactions and converts data into financial information. The study will deal with the various accounting concepts that have helped the accountants in dissemination of financial information. Accurate financial presentation helps in the systematic recording of the financial transactions and also helps in identification of errors in the accounting procedure. The author of the study will able to give an insight into the basic accounting concepts and its impact on the business activities. Finally, the study will conclude with the various accounting concepts and its practical applications. Accounting Concepts & Procedures Accounting is definitely concerned with the recording of transactions tha t affect the business activities and is also related to preparation of income statement and the balance sheet. As per the AICPA committee of terminology accounting is regarded as a process of recording, classifying, summarizing and in systematic and significant manner. It is called an information system which helps in the identification, measuring, and communication of economic financial information which permits rationale and judgmental information among users. 1) Art of recording the business transactions: The systematic method of recording financial transactions in the books of accounts which helps in the fulfilment of the objective of the user and the accountant. 2) Systematic Process: Recording financial transactions is regular in nature and is done in methodical and chronological manners. Accounting is done through the application of various rules, regulations, principles and expertise. 3) Measurable in terms of money: The accounting transactions are measurable in terms of mon ey and need to be recorded in the books of accounts. These accounting events are measurable in terms of money. The events which are not measurable in terms of money are not recorded 4) Information Systems: It is information systems that measures the accounting process and communicates about the financial information through an economic entity. It also supplies financial information to the decision makers. 5) Medium: It is also regarded as an important medium for communicating the financial information and their interpretations. The main objective of the financial accounting would be to provide the necessary information to the user in a systematic process. There are various branches of accounting; cost, managerial and financial accounting procedures. It helps in ascertaining the results of the business transactions and also assessing the true financial position of the company. The major functions would be to identify and record the financial transaction of the organization which can be measurable in terms of money, grouping transactions that are similar in nature of a particular place which is done in ledger, summarizing the financial transactions which involve the preparation of income statement, trial balance and balance sheet and interpretation of financial statements by ascertaining the financial position of the company. Some of the major objectives of accounting would be to ascertain the results of a business organization within a particular time period ascertain the true financial position of a business organization and provide the necessary financial information to the users. The different types of users of accounting wo

Impact of Making Marijuana Legal on the Economy Essay

Impact of Making Marijuana Legal on the Economy - Essay Example However problems arise where the government has lower levels of tax revenue which may hinder spending, marijuana is an illegal product and the demand and supply is dictated by current laws, there is a risk involved and if it is to be made legal the government has an opportunity to increase revenue, there will be an increase in the production of the drug which will increase investment in the production process and therefore provide employment. An increase in employment will increase per capita and this increase will increase spending and the demand for other goods and services in the economy. (Keynes, 2007). In many countries marijuana is an illegal drug and traded in the black market. This product has several health side effects; however it still can be used in the production of other drugs. ... Tax revenue: Marijuana has a number of purposes and one of the most important purpose is that it is used to produce medicinal drugs that can cure various ailments, on the other hand the product is traded in the black market as a drug, it is estimated that the price is more than triple the cost of production, therefore the traders have huge profits and this is due to the risk involved because its illegal to consume and trade marijuana. If the government makes marijuana legal then there will be an increase in tax revenue, the estimated tax revenue is approximately $1billion. The consumption of marijuana products will also increase given that making it legal will encourage individuals to consume the product given that there is no legal risk involved, the increase in demand wills eventually increase trade and therefore increase tax revenue. (About economics, 2009) Employment: The other positive impact of making marijuana legal is that there will be an increase in employment. Employment will increase as individuals in the economy will tend to produce their own products, the production process will require labor and capital and therefore employment in the economy will increase, this will be a positive impact given the current recession that has resulted into many individuals losing their jobs and per capita income has declined. The increase in employment means that there will be an increase in per capita income and this means that individuals in the economy will have income to spend therefore improving current living standards. Individuals in the economy will have income that will enable them to spend and this will therefore increase the level of demand in the economy and this will be a solution to the current recession that