The Responsibility Project Moral standards are something which can tackle any organization's problems. How to use these types of moral rules are what we will tackle in the following paragraphs. From the site “The Responsibility Project”, we will find how moral standards are essential in any company, and how they may form and alter them. From the site, we will be analyzing the movie “Good Vibrations” Why are the issues in the film important? Good Vibrations is an animated story all regarding a community’s duty, and the price to be satisfied. Even though movie is more regarding a community’s duty, the problems tackled in the movie are identical in companies and towns just the same. The movie demonstrated a complete building of workers who would laugh at helpless people who were being wounded when they tripped on a loose brick on the exterior pavement. Lastly, a worker opens up a window in order to yell out a warning to an aged person that was going to face the loose brick. The worker then proceeds to put a warning signal close to the brick to avoid other people from getting wounded. Anyone with ethics might state that the issue in this movie is the inactivity or failure of the whole building of individuals to avoid the mishaps from taking place. Rather, they find it more interesting to allow people be wounded for their own enjoyment. Several companies are confronted daily with the same character types every day. On the same degree, there are people that understand this behavior is incorrect, however decide to overlook or go together with the behavior to prevent clash. The issue a company will encounter with people like this is the issue is similar to a small snowball going down a hill. The snowball (the issue) will begin as a small problem, however as it moves downhill, the snowball will continue to become larger and larger till it is impossible to halt it. What role do external social pressures have in influencing organizational ethics? Outer social stresses perform an important part in affecting organizational values. There tends to be several different stakeholders in any business, every person stakeholder has their own plans, and these plans will overlap one another. These stakeholders will incorporate the customers, towns, workers, and its shareholders. A good example of this case would be Enron, which in 2006 were in a system while they had built many off-the-books partners. These types of partners were used to conceal the huge loans of Enron, which consequently unnaturally blown up their share prices (Trevino and Nelson, 2006). That was a shameless effort to maintain existing stockholders happy and lure fresh investors. In case the world outside Enron had known of this false impression, Enron would have been bankrupt much quicker. This was an immoral effort to try to keep the company profitable. An ideal instance of how a company might have to take action they usually would not do. The more people having an inside plan are involved in a company, the more of a possibility these types of interest will overlap, and difficulty will appear. How might these issues be relevant to organizational and personal decisions? Several external and internal problems might come up in any business. A few of these problems may be so critical (for instance, Enron) they can push a company to throw out all their ethical, moral, as well as legal duties in an attempt to protect themselves. In a surviving scenario, the judgments made at that time appear to be the only reasonable alternative to save
What are the top 3 factors that lead to the projects failure? Who is most at fault?
The DIA automated baggage-handling system had its uncertainties and risks like in any other project but the challenges faced were mainly due to the poor planning, 1st of its kind in terms of size of the project and underestimation of complexity of the whole project. There are many problems encountered by the project and the top 3 factors that lead to the project failure were:
1. Scope, time-schedule and…
that the company outsourced the muffler/exhaust and oil pans despite the fact that their margins (not including overhead) were 47% and 50% respectively, as shown in Appendix B. The current product classification system is based on the product’s respective degree of cost competitiveness, not the product’s contribution margin. This classification system categorizes the manifolds as a Class…
3. Who was right Green or Martin, about Martin’s more controversial actions in facilitating the project? How might things have turned out if Martin had not been a member of the project team?
Martin was right in his action. He was well suited for the job at hand. Martin was able to
Complete his original assignment and the preliminary construction phase of the project on
time and within budget. He was well suited in Uganda having graduated from college with a
major in African…
Project Proposal Memo
Attn: Management and Stakeholders
Purpose of Proposal
New Company wide Compliance System and Policies
Due to the nature of an expanding company, a new companywide compliance system is needed for Integrity Testing, LLC. In addition to the new compliance system, new compliance policies will be introduced. All managers will require training to properly perform their jobs as well as ensure their subordinates perform properly. This training will be coordinated…
Company was set up for approving IT projects.
The primary reason for this shift was that the CIO believed the IT department could be innovative and at the same time reduce redundancy.
The CIO’s current challenge is to ensure that strategic projects are approved through the BPOC committee while at the same time ensuring that their employee’s entrepreneurial spirit is not damaged. This fine balance is what Brad Boston is aiming for.
A particular example of such a project is what is currently on the table…
rates cannot be earned. Therefore, the annual revenue equals the expected daily hire rates (forecasted by the consulting group) multiplied by the number of days operating, which is 365 days less the time allotted to maintenance and repairs in the respective year.
Operating costs will incur no matter whether the ship is operating or under maintenance. Therefore, the operating cost is 365 days multiplied by $4,000 per day for the first year, increasing annually at a rate of 1% yearly…
short-term convergence projects, substantially converging their standards for share-based payments, segment reporting, the fair value option for financial assets and liabilities, borrowing costs, and more. In some cases, such as share-based payments, both boards issued revised standards. In others, convergence required one board to revise its standards to align with those of the other board.
According to Clark Shaefer Hackett, “the boards also completed several major convergence projects, including: issuing…
May 18th, 2015
To: Management, Corporate Team Members, All Departments
From: Katherine Grenfell
CC: All Managers
RE: New Compliance System and Policies
As KTography Unlimited is expanding, a new compliance is needed for the entire corporation. New compliance policies will be introduced as a part of the new conformity system. Proper training by every Manager will be…
customer’s premises. Each group of the assets was tackled by different kind of approach and we are monitoring a progress from time to time until end of the process.
My team will update the status of assets on weekly basis and report was produced to respective HOD for their immediate attention and action. Any unresolved issues were brought up and thorough checking was performing for each of the issues. Meantime, we are also monitoring the financial impact and ensure asset retirement and depreciation was…
Solution to Case 23
Evaluating Project Risk
It’s Better to Be Safe Than Sorry!
1. What seems to be wrong with the way the NPV of each project has been calculated? Indicate without any calculations, how Pete and John should go about recalculating the projects’ NPVs.
The NPV of each project has been calculated by discounting the cash flows at the 8% before-tax cost of debt. This is incorrect. Since the company has debt, preferred stock and common…