Tuesday, May 26, 2020
Ethical Leadership Is Mostly About Leadership Integrity....
Introduction In the current society today, the roles that leaders play in an organisation are much more significant and are studied in greater depth. The importance of ethically managing an organization and leading the entire organization towards a similar purpose and message requires great leadership. With this, we would look further into the practice of ethical leadership; how itââ¬â¢s defined and attempt to provide a more comprehensive understanding of ethical leadership and itââ¬â¢s relation with integrity. What is Ethical Leadership? Firstly, Ethics is a philosophical term that is related to the prescription and description of moral principles that guides peopleââ¬â¢s behaviours, suggesting that there are ââ¬Å"acceptableâ⬠and ââ¬Å"unacceptable,â⬠asâ⬠¦show more contentâ⬠¦In other words, this matrix has help to show that as much as integrity is important to becoming an ethical leader; we should not neglect the fact that it is equally important for a person to possess those qualities of a moral manager. Both forms must apparently exist given the obvious social responsibility and power a leader naturally possess. This point would be further supported as we move deeper into this topic. Moving on, there are six key attributes that characterise an ethical leader. They are character and integrity, people oriented, ethical awareness, motivating, managing ethical accountability and encouraging and empowering (Resick, Hanges, Dickson Mitchelson 2006). This further highlights the multi dimensional aspects required of an ethical leader, rather than primarily focusing on ethical integrity. Ethical awareness is based on the moral philosophy of the consequences of decisions and actions. As Resick, Hanges, Dickson Mitchelson (2006) states, it is impossible for a leader to act ethically if he is unable to identify the ethical issue present. This could bring about detrimental effect on perceived ethical leadership, even if the leader has ethical integrity. It is also a requirement for an ethical leader to be people oriented and be aware of how their actions will impact onShow MoreRelatedEthical Leadership Is Mostly About Leadership Integrity2938 Words à |à 12 PagesTopic 2: Ethical leadership is mostly about leadership integrity. Discuss. Introduction A recent study conducted in 2010 among UK and some European companies, revealed that the most prominent ethical issues to organisations includes harassment, bribery, corruption and facilitation payments, and whistle blowing (Wesley et al. 2011). Thus, it is important that ethics must indeed embark from the top. Leaders cannot escape from their responsibility to establish a moral example for their followers.Read MoreEnrons Ethics Code Of Enron1552 Words à |à 7 Pagestheir life savings. This article focuses on Enronââ¬â¢s ethics code, Enronââ¬â¢s failure of top leadership, Enronââ¬â¢s corporate culture and Enronââ¬â¢s complicity. On the other hand, I will discuss the lessons I learnt from Enron case. Keywords: Enronââ¬â¢s ethics code, Enronââ¬â¢s failure of top leadership, Enronââ¬â¢s corporate culture, Enronââ¬â¢s complicity, lessons learnt from Enron case Enronââ¬â¢s ethics code Respect, integrity, communication and excellence are the ethics code of Enron. These four aspects have a crucialRead MoreEthical Issues Surrounding Corporate Excesses Essay1362 Words à |à 6 Pagesyears have made it difficult for patients to afford their life-saving medication as well. Another company that has been pulled in front of Congress to answer for their extreme increase of a lifesaving drug and that company is Mylan. There are many ethical issues surrounding this case with CEO Heather Bresch, her salary increases went hand in hand with the increased price of the EpiPen, not to mention how she acquired the position she holds with the company. In an Article written by Edward Cox (2016)Read MoreEnron s Ethics Code Of Enron Essay943 Words à |à 4 Pageslost their life savings. This article focuses on Enronââ¬â¢s ethics code, Enronââ¬â¢s failure of top leadership, Enronââ¬â¢s corporate culture and Enronââ¬â¢s complicity. On the other hand, I will discuss the lesso ns I learnt from Enron case. Keywords: Enronââ¬â¢s ethics code, Enronââ¬â¢s failure of top leadership, Enronââ¬â¢s corporate culture, Enronââ¬â¢s complicity, lessons learnt from Enron case Enronââ¬â¢s ethics code Respect, integrity, communication and excellence are the ethics code of Enron. These four aspects have a crucialRead MoreCharacteristics of Leader Effectiveness Essay1472 Words à |à 6 PagesCharacteristics of Leader Effectiveness An effective leader is someone who is passionate about their goals and knows how to motivate, inspire, and influence others to come together and work as one to reach a common goal and conduct compelling and important changes. The realization of some kind of qualitative or quantitative result because of the actions and influences of an organizations leader is essentially how to evaluate their effectiveness. The characteristics of effectiveness, of courseRead MoreFace The Complexity Involved For Making Ethical Choices1612 Words à |à 7 Pagesââ¬Å"Face the complexity involved in making ethical choices.â⬠- Linda Fischer Thornton Identify and discuss the influences (family, culture, religion, etcâ⬠¦) on your personal ethics. Analyze and discuss these influences in relation to one or more classical ethics philosophies (deontology, utilitarianism, etcâ⬠¦). Reflect and comment on the Georgetown Ethos in light of the influences on your personal ethics. Ethics act as a basis of distinguishing between right and wrong and thus, determine whatRead MoreThe Ethics Code Of Enron1586 Words à |à 7 PagesEnronââ¬â¢s ethics code Respect, integrity, communication and excellence are the ethics code of Enron. These four aspects have a crucial impact on business ethics. ââ¬Å"Ethics requires respect. One cannot exist without the other. Ethical success depends on understanding the profound impact that respect has on your ethics and character.â⬠As Mark S. Putnam said in his article ââ¬Å"Respect: The Starting Point for Good Ethicsâ⬠(2003), we need to make respect our obligation and show everyone a certain degree of respectRead MoreThe Organizational Structure : Mission, Vision And Values3698 Words à |à 15 PagesIntroduction (The Organizational Structure ââ¬â Mission, Vision and Values) Every long term vision strategy is most likely centered on building an ethical organization. It is critical for an organization to have core set of values and principles to establish its identity. Identity is a key component of helping others to understand what it is that the employees are trying to accomplish. Developing a mission, vision and values statement is the foundation to a companyââ¬â¢s identity and structure. TheseRead MoreMilitary Ethics1692 Words à |à 7 PagesMilitary Ethics This paper will discuss the topic of military ethics using the utilitarian theory. It will also incorporate the ethical system of virtue ethics. ââ¬Å"Military ethics is about our learning what is good and true and then having the courage to do and be what and who we ought to. For military ethics is not about his or her successes or failures; it is not about their virtues or vices. Military ethics is about our heritage and history, and it is about our responsibility to be men and womenRead MoreLeadership At Cheap 2 Buy Shop Essay2951 Words à |à 12 Pages RESEARCH ON LEADERSHIP AT CHEAP 2 BUY SHOP STUDENT NAME: RAVI BABARIYA LECTURER NAME: ASIF KHAN INTRODUCTION I want to write this research on cheap 2 buy shop leadership because I am very close to it. The main purpose of this assignment is learn more about leadership of the manager of cheap 2 buy store. If I talk about research report of leadership is the way which thought I could actually know that how is managing so that I learn about their leadership style and skills. With the help
Friday, May 15, 2020
Using Sentence Connectors to Express Complex Ideas
Once you have mastered the basics of correct usage in written English, you will want to express yourself in increasingly complex ways. Sentence connectors are used to express relationships between ideas and to combine sentences and are one of the best ways to improve and add sophistication to your writing.à Sentence connectors are also referred to as linking language. There are a number of forms of sentence connections such as: Conjunctions, which connect two simple ideas: The teacher discussed French and German history. Coordinating conjunctions, whichà connect two phrases or simple sentences: Jennifer would like to visit Rome, and she would like to spend some time in Naples. Subordinating conjunctions, whichà connect a dependent and an independent clause: Just as its important to win, its important to play the game.à Conjunctive adverbs are used to connect one sentence to another: Children get plenty of exercise at our school. Similarly, they enjoy extensive art programs. Prepositions must be used with nouns rather than full phrases: Like Seattle, Tacoma is located on the Puget Sound in the state of Washington. Sentence connectors are used for many tasks. For example they can indicateà additional information. Not only do students have to take weekly tests, but they are also required to take pop-quizzes throughout the term.The company needs to invest more heavily in research and development. In addition, we need to improve our manufacturing facilities. Sentence connectors can indicate oppositionà or contrast between ideas.à Mary asked for another week to complete the project although she had already spent three weeks in preparation.Despite the economic growth of the past eight years, most middle class citizens are having difficult making ends meet. à Connectors can alsoà show the cause and effectà of certain actions or when explaining the reasons for decisions. We decided to hire three more employees because sales were increasing rapidly.The sales department developed a new marketing campaign. As a result, sales have risen by more than 50% over the last six months.à English also uses sentence connectors toà contrast information. On the one hand, they have improved their language skills. On the other hand, they still need to improve their understanding of basic math.Unlike the nineteenth century, the twentieth century saw science become the leading subject in universities around the world.à Finally, use subordinating conjunctions such as if or unless toà express conditionsà when connecting ideas in English.à Unless Tom can complete the project by the end of next week, we wont win the contract with the city government.à Focus your energies on your studies while at college. Otherwise, youll be left with a lot of debt and no diploma.à Type of Connector Connector(s) Examples Coordinating Conjunction and...too High level positions are stressful, and can be harmful to your health too.Customers are satisfied with our sales, and they feel our marketing team is friendly too. Subordinating conjunction just as Just as high level positions are stressful, they can be harmful to your health.Just as students need a vacation from studies, employees require some downtime in order to bring their best efforts to work. Conjunctive adverbs similarly, in comparison High level positions are stressful at times. Similarly, they can be harmful to your health.Students from Asian countries tend to be excellent at grammar. In comparison, European students often excel in conversational skills. Prepositions like, similar to Similar to other important professions, high level business positions are stressful at times.Like the healthy pursuit of free time activities, success in the workplace or at school is essential to a well-rounded individual.
Wednesday, May 6, 2020
Descriptive Essay - Original Writing - 829 Words
Tââ¬â¢was a gloomy day in my hometown of Coupeville, Seattle. The clouds were gray and the air was crisp. I was strolling down a winding path with barren trees to nothingness. It was a path I had taken before, but today it seemed a bit different. With every step I took, I could hear the crunching of the dead leaves. I could only see two feet in front of me because the fog was thicker than blood. There was a sinister feeling within the air. The wind felt brisk against my skin. I ambled down the path. As I was walking, I passed by a desolate house that I didnââ¬â¢t recognize. As I passed by, I felt a chill trickle down my spine. The house was a meager little cottage, but it seemed to hold something more inside. The wood panels were drab, ashen, withâ⬠¦show more contentâ⬠¦As I was promenading down the stairs, I picked something up and found some type of animal remains. I kept moving forward and stumbled upon a dimly lit room with only one thing in the center; a coffin. I b egan to walk towards it in fear, pondering my fate. Each step I took towards this transcendental coffin, was another step towards an unforeseen fate. I was frightened, but I was also intrigued. My conscious kept telling me to turn back , but my body was subconsciously pulling me forward. With every aching second, my shaking hand slowly began to move closer to the coffin. Time was moving slowly to the point where it stopped completely and my heart began to beat faster than the speed of light. I reached over toward the handle on the coffin, and lifted it with a prim motion. Inside was something far more bloodcurdling than I had ever seenâ⬠¦ I saw myself. It seemed that I was the monster people feared. The body in the casket, my body, was paler than snow. My eyes were glazed over like tinted glass and I reeked of something awful. How could I be the monster? My head hurt with confusion. I was always described as a pleasing person. There was not a heinous bone in my body. Next to the casket, there was an hourglass, which was almost full and moving quite slow. The closer I approached to the body, the faster it went. What was happening? I reluctantly grazed my finger upon the cheek of my body. I wasnââ¬â¢t sure what, but I knowShow MoreRelatedDescriptive Essay - Original Writing1110 Words à |à 5 PagesI donââ¬â¢t know how I got to where I am, but Iââ¬â¢m here now, and I have to win if I want to live. I am in a game, and in order to live, I have to escape. Thatââ¬â¢s the thing, though: I donââ¬â¢t know how to escape. I was running for my life around this old house that looked like it came straight out of a horror movie. I doubled over and held my head in pain as I saw the static, which meant it was coming. I was being chased by what looked like a person but in no way acted like one. Just as it was about to appearRead MoreDescriptive Essay - Original Writing1102 Words à |à 5 PagesIt is on days like this when we stop to think about our life. Sm all drops of rain begin to dapple the cobblestone pavement as people whip out their umbrellas for cover. I continue sauntering down the busy street, relishing the feeling of a light shower. Moving with the mass of pedestrians, I stop at a crosswalk where I wait for the stoplight to turn green. A flower shop employee across the street scurries to bring in the numerous bouquets and close the doors as rain starts rolling down the displayRead MoreDescriptive Essay - Original Writing914 Words à |à 4 PagesDreamy I thought. Standing on the corner is a young guy with a smile. I see him here almost every day, so I linger for a while. He tells me his name, and I tell him mine. I m Ester, what s your name? I enquired. My names David .,He replied. We end up talking for a while and I asked him if he had ever left this city. He tells me of all these stories of the places where he s been, the distant lakes and mountains, and in valleys oh so green. I can see it in his eyes, he really has beenRead MoreDescriptive Essay - Original Writing974 Words à |à 4 Pages I was used to moving round, having a mother who liked to travel more than making roots was something I had gotten used to. Still, I had never gotten used to the loneliness of an empty house when she was out exploring, or the feeling of leaving behind someone who could have meant something to me. Our most recent move was Oregon. It was pretty, and I didnââ¬â¢t mind it, but it was much different than Florida. Not only was it opposite sides of the country, it felt as if it were opposite worlds. InRead MoreDescriptive Essay - Original Writing1012 Words à |à 5 Pageshave plenty of time in the next month to think about my feeling in regards to Kendrick. I needed to finish up the article and get it off to my editor. I should be able to get it done by tonight and send an email in the morning. I was thinking of writing my next article about the sea life around the Scottish coast. Since our salmon dinner last evening I thought I would do a piece about the commercial salmon farming that began in Scotland in 1969. In 2002 over 145,000 metric tons of farmed AtlanticRead MoreDescriptive Essay - Original Writing1561 Words à |à 7 PagesThereââ¬â¢s something I need to say and what follows may not be something that youââ¬â¢d expect, it wonââ¬â¢t be heartening or uplifting. If you remember today, I told you about going somewhere I wanted to go toâ⬠¦ Iââ¬â¢m not sure if you believed and accepted what I now confess as untrue; it is partly. I needed to pull away emo tionallyâ⬠¦ from you. You must have had fathomed that some degree of formality had seeped between us. Born of habit, formulaic greetings had become a routine. You presume that Iââ¬â¢m a close friendRead MoreDescriptive Essay - Original Writing1387 Words à |à 6 PagesI was wearing a beautiful blue dress with sapphire gems all around the chest area as I entered the ball with Ciel and Sebastian. I took a good look around here, the hallway was lined with gold. There was a servant ready to escort us to the ball room. Hello, come this way. He said, walking forward. Wow, this place is so fancy! I exclaimed, looking around. It s fake gold. Ciel bluntly replied, bringing my hopes down. I sighed. Ciel sounded like he wasn t in a very good mood. Ciel, lightenRead MoreDescriptive Essay - Original Writing1287 Words à |à 6 Pages In the morning, Caireann woke me up. She stood above my bed, shaking my shoulder. I opened my eyes, looking at her. Then I looked across the room to her empty bed. Andy s empty bed sat in the corner. I swallowed, climbing out of bed. Sleep well? Caireann asked me, starting out the door. Yeah, I said, going over to our small dresser. I had the bottom two drawers. Andy had the middle two, and Caireann had the top. I pulled open the drawers, pulling on a colorful tank top and a grayRead MoreDescriptive Essay - Original Writing1345 Words à |à 6 PagesLater that night, I was behind the wheel of my G-Wagon with Melissa in the passenger seat. She didnââ¬â¢t feel like driving since she was on the road all day and I understood so I didnââ¬â¢t mind when she asked me to. I had been tight-lipped. She kept eyeballing me as if she detected that something was bothering me but I just kept singing to my India Arie as if I was carefree. ââ¬Å"So are you going to tell me whatââ¬â¢s going on or noâ⬠Melissa said disrupting my own personal concert. I stopped singing and tookRead MoreDescriptive Essay - Original Writing1085 Words à |à 5 PagesI WAS SITTING IN a taxi, wondering if I had overdressed for the evening, when I looked out the window and saw Mom rooting through a Dumpster. It was just after dark. A blustery March wind whipped the steam coming out of the manholes, and people hurried along the sidewalks with their collars turned up. I was stuck in traffic two blocks from the party where I was heading. Mom stood fifteen feet away. She had tied rags around her shoulders to keep out the spring chill and was picking through the trash
Tuesday, May 5, 2020
Capital Budgeting and Investment Decisions
Question: Discuss about the Capital Budgeting and Investment Decisions. Answer: Introduction: The issues on capital budgeting includes expansion of cricket apparel and replacement of lighting system of the warehouse because the existing lighting system was overloaded. First issue in the present situation involves investment opportunity in cricket apparel since the market trends provides stability in the present economy (Dellavigna and Pollet 2013). Another option in the first issue involves leasing of building along with the acquisition of plant and equipments. Considering the situation, analysis on capital budgeting would be considered using the method of Net Present Value, which is determined as the difference between present value of cash inflows and outflows (Gtze, Northcott and Schuster 2015). If the outcome is positive, it indicates the project is worth considering since it generates earnings using the concept of time value of money. The project on cricket apparel expansion incorporates investment of $85,000 along with the investment in plant and equipment costing $350,000 for the period of five years. Amount $ Year 1 Year 2 Year 3 Year 4 Year 5 Investment amount 85,000 plant and equipment 350,000 Depreciation @15% 48,150 ($350,000- $29,000) * 15% Sales 280,000 316,400 357,532 343,231 329,501 Cost of the project 150,000 153,000 156,060 159,181 162,365 Discounting rate 14% 0.877 0.769 0.674 0.592 0.519 Present values: Sales 245,560 243,312 240,977 203,193 171,011 Fixed Cost of the project 131,550 117,657 105,184 94,235 84,267 Variable cost 11% of revenue 27,012 26,764 26,507 22,351 18,811 Investment amount 74,545 Plant and equipment 306,950 Net present value (Total inflow - total outflow) -294,497 98,890 109,285 86,606 67,933 Total net present value 68,217 (Source: Created by Author) Considering the determination of net present value from the proposed project, it has been measured that the outcome is positive $68,217 hence acceptance of project is recommended. Further, the applicable tax rate is 30% that provides net expected profit amounted to $68,217* 70% = $47,752. Moreover, it has been estimated that projected sales would decline by 4% during fourth and fifth years while increase in sales in the initial years was 13%. Estimated working capital for operating the project involves 12% on the sales revenue of the subsequent year and estimated profit after tax amounted to $15,000 would be cannibalized from the existing business. Therefore, net profit after considering the cannibalizing amounted to $47,752- $15,000 = $32,752 which is positive hence, the project is recommended to be accepted. Considering the second issue on replacement of warehouse lighting system, three different systems have been considered. All the three different systems have different useful life therefore, annualized net present value will be considered to determine the most feasible system that can be implemented for replacing the lighting system (Zhang, Huang and Zhang 2015). Cost Useful life Net cash outflow $ Annuity factor @14% Present value of cash outflow Total outflow Annualized cash outflow First system $7,000 5 years 800 per year 3.431 2744.8 $9,745 $1,948.96 Second system $10,500 10 years 700 per year 8.511 5957.7 $16,458 $1,645.77 Third system $17,500 20 years 80 per year 10.822 865.76 $18,366 $918.29 (Source: Created by Author) Annualized net present value is considered when the project has different duration accordingly, in the present issue three different systems have unequal duration (Doss et al. 2015). As per the calculation, it has been observed that the total net cash outflow is least in the third system amounted to $918.29 whereas replacement cost in other two systems is high. In addition, annual cash outflow in the third system is also least compared to other two systems amounted to $800 and $700 respectively even though the initial investment cost is highest in the third system. Further, the useful life expectancy in first two systems is less than that of third system, accordingly, it can be said that the operating activity of third system will be more beneficial and is recommended to be replaced. Reference List Dellavigna, S. and Pollet, J.M., 2013. Capital budgeting versus market timing: An evaluation using demographics.The Journal of Finance,68(1), pp.237-270. Doss, D.A., Jones, D.W., Sumrall, W., Henley, R., McElreath, D., Lackey, H. and Gokaraju, B., 2015. A net present worth analysis of considered academic programs at a private, regional higher education institution.Journal of Interdisciplinary Studies in Education,4(1), p.55. Gtze, U., Northcott, D. and Schuster, P., 2015. Capital Budgeting and Investment Decisions. InInvestment Appraisal(pp. 3-26). Springer Berlin Heidelberg. Zhang, Q., Huang, X. and Zhang, C., 2015. A mean-risk index model for uncertain capital budgeting.Journal of the Operational Research Society,66(5), pp.761-770.
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