Saturday, December 28, 2019

The Ethical Dilemma Of Eugenics - 1349 Words

The ethical quandary of eugenics has long been debated. Recently, this problem has become more relevant with the discovery of CRISPR technology and a rise in interest for what are termed â€Å"designer babies† or, as Paul Knoepfler refers to them, genetically modified (GM) babies. Just a few months before Knoepfler delivered his TED talk in January 2017, researchers in China â€Å"reported the creation of genetically modified human embryos†¦using this new CRISPR technology.† This raises questions about where this gene-modifying technology should go, to what extreme it should be taken and who should be granted authority to determine how it’s used. Questions arise with regard to social, medical, professional and legal implications of this technology,†¦show more content†¦Will â€Å"natural† people be moved to one part of the country so that GM peoples may advance further in another? All these topics are brought up because this technology is new and exciting, but also holds infinite unanswered questions. On the other side, this technology can be an incredible advancement for society. What if we all had higher IQs? Could we cure cancer within a year? Could we reverse global warming? Colonize other planets? The options are endless. Additionally, a segregation of the GM children into more advanced schooling already mirrors IB and AP courses in today’s high schools. These children learn quicker and thus, are taught faster to benefit them and their future. The â€Å"in-favor† side for genetically modifying babies and designing your child has its social and societal benefits but becomes convoluted when profession and career are analyzed. In the professional realm, GM humans might be considered more â€Å"elite† or desired when looking at job applicants. Will companies choose GM applicants over the â€Å"naturals† because they will have lower healthcare costs for the company? Because they will be smarter, savvier or more creative? I believe this would create a divided society where the GM humans would hold higher positions in various fields, leaving the â€Å"natural† employees at a lower rank and or the inability to obtain the job they want (or are even qualified for). This can again traverse to society, creating a societal gapShow MoreRelated Altering Human Genome Essay1424 Words   |  6 PagesGenesis, we are created in God’s image. The power to modify our chromosomes not only presents to us the vast possibilities, but also burdens us with a plethora of responsibilities dealing with the ethical issues. Genetic engineering allows the scientists to advance their studies in the field of eugenics, a science that deals with the improvement of hereditary qualities of a race or breed. There are numerous people in the world that were born or will be born with a certain genetic defect. In theRead MoreForced Sterilization And Its Effects On Society1711 Words   |  7 Pagescertain people in society are vulnerable to abuse. This author will focus on the topic of forced sterilization in America, as there are certain people in this country that are still coerced and forced into sterilization. Background The topic of eugenics is broad in nature and can mean anything from human sterilization, reproductive genetic technologies (RGT), selective breeding, restrictions on marriage and withholding assistance from the poor and sick. All of this effort is exerted to protectRead MoreAssisted Reproduction - 12056 Words   |  9 Pagessingle egg, and transfers the embryo to the mother. Approximately 9 months later, the couple gives birth to a boy who does not carry the gene for the disorder. †¢ Is this a case of eugenics? Eugenics is defined as the hereditary improvement of the human race controlled by selective breeding (dictionary.com) Eugenics is a social philosophy which advocates the improvement of human hereditary traits through various forms of intervention. The purported goals have variously been to create healthierRead MoreAn Enhanced Genotype: Ethical Issues Involved with Genetic Engineering and their Impact as Revealed by Brave New World2301 Words   |  10 PagesAn Enhanced Genotype: Ethical Issues Involved with Genetic Engineering and their Impact as Revealed by Brave New World Human society always attempts to better itself through the use of technology. Thus far, as a species, we have already achieved much: mastery of electronics, flight, and space travel. However, the field in which the most progress is currently being made is Biology, specifically Genetic Engineering. In Aldous Huxley’s Brave New World, humanity has taken control of reproduction andRead MoreThe Principles Of The Code And The Guide1539 Words   |  7 PagesThe Purpose of the CODE and the GUIDE The objective of the Code is to lay out the ethical commitments made by the aged care systems in addition to the legal obligations that have to be complied. The main aims of the code is - identify and lay out the values that are the basis of the conduct and practice of Aged Care facilities provided under the Aged Care Act; - Clearly lay down the organization’s commitment towards providing care in a manner that is fully respectful of basic human valuesRead MoreAnalysis of the Bioethical Issues in Gattaca Essay836 Words   |  4 Pagesled to profound ethical dilemmas. The movie Gattaca explores some important bioethical issues that are currently the focus of much dispute. The underlying thematic issue presented is the question of the extent to which biologically inherent human potential determines the true potential of a person. Perhaps the most controversial issue in Gattaca is the use of genetic engineering technology in humans to create a more perfect society; this is, essentially, a new method of Eugenics. Another relatedRead MoreHuman Cloning Debate: The Fate of Frankenstein1671 Words   |  7 Pagesbabies. If one can genetically opt out of obesity, heart disease, cancer, etc., then why not opt for clones that are of a type desired by parents (eye color, facial shape, etc.)? Is thi s a designer baby? In a sense, this is part of the entire eugenics debate, or the practice of improving the human species by discouraging reproduction from those with perceived undesirable traits. The moral issue is who decides what traits are most desirable? The temptation, assuredly, would be to opt for greaterRead MoreThe Ethical Theory Of Virtue Ethics1115 Words   |  5 Pagesvirtue ethics, there are positive remarks about it as well. Stephen (2011) cites McDougall, according to whom, virtue ethics might be the best way to think about and approach reproductive ethics. The Ethical theory of Utilitarianism/Consequentialism Now let’s review this technology and the moral dilemmas it raises through the principle of Utilitarianism. A Utilitarian might ask questions like, whom does this technology benefit the most? Or does the benefit of using this technology outweigh the costRead MoreProcreation2665 Words   |  11 PagesI chose procreation as a topic for this paper for a few reasons. First, because of complicity of the issue. Scope of this problem almost unlimited and correlates not only with modern legal and ethical general acceptable principals, but also with core issues of human existence. Second, I do believe, that understanding of origin of procreation and ability to build personal approach in this issue plays significant role for every professional in the Health Care System. Even if in real life situationRead MoreSavior Siblings1071 Words   |  5 PagesSavior Siblings The subject of savior siblings is a complex dilemma that encompasses multiple issues. Is it ethical to have a child in order to save another? Is pre-implantation genetic testing moral? Can parents make the decisions for their kids about organ donation? In order for this ethical dilemma to be resolved these questions need to be answered. In the case of Molly Nash, the family was not morally culpable for their decision to have another child to save Molly’s life because Adam

Friday, December 20, 2019

Analysis And Evaluation Of The Business And Financial...

Part I Introduction I started my ACCA in 2008 but did not find out about Oxford and Brookes degree in Bachelors of Applied accounting until my second year in ACCA. I opted for this degree right away. When i finished my nine papers in ACCA, I started gathering more information about this degree and how to work on project. Reason for choosing this topic I glanced at information pack from OBU and in that they offered wide variety of topics to choose from evaluation and analysis of organisation to critical review of key factors affecting organisation or brands. But topic no. 8 made most sense to me which is â€Å"Analysis and evaluation of the business and financial performance of an organisation over a three year period†. Reason is my incline†¦show more content†¦I rounded up my project with conclusion, that entailed my finding about target company relating to strength, weakness, threats and overall business performance. Part II Information Gathering During the course of my research I had to collect information on project. For purpose of this project i gathered a lot of information. Data can be primary as well as secondary. Primary Data can from the company directly or interview with company officials, questionnaires and surveys conducted. Secondary data can be from extracted from a variety of sources from journals, articles, academic books and internet. Secondary Sources As for my project I have used variety of secondary sources. Books During the course of my research I had visited my ACCA books from Kaplan and BPP that accumulated a lot of dust since, I had not opened them for a long time. I went back to my ACCA books to refresh my knowledge of business and financial analysis. Books from paper F9 deals with Financial Management of the company, I revisited this book to refresh my knowledge about finding different financial ratios that later in my project proved beneficial, and also refresh my memory on how to measure financial performance of company. Revisited Paper F7 to revise financial statements and cash flow statements and I also reviewed Paper F8 books to know about ethical issues. Articles Internet During the course of my research I read lots of articlesShow MoreRelatedA Critical Evaluation Of Financial Performance Essay1689 Words   |  7 PagesA CRITICAL EVALUATION OF FINANCIAL AND OPERATIONAL PERFORMANCE THROUGH 360 DEGREE ANALYSIS LALIT MOHAN (Research Scholar) Deptt. Of ABST, University of Rajasthan, Jaipur ABSTRACT Though 360 degree analysis is related with human resource management but here the 360 analysis will include the overall analysis of operational and financial performance from every angle. In human resources or Industrial psychology, 360-degree feedback, also known as multi-rater feedback, multisource feedbackRead MoreEvaluation Of An Effective Evaluation Process1513 Words   |  7 PagesData gathering, reviewing, and analyzation is a very important step in an effective evaluation or assessment process. The outcome as well as any subsequent suggestions are based on the data and review provided during the initial process. Guerra-Lopez (2008) emphasized that the success of an evaluation process is contingent upon five particular aspects about data and data sources: 1) data relevance, 2) data collection, 3) evaluating data, 4) data reporting, and 5) avoiding data errors. These fiveRead MoreSummary of Balanced Scorecard1465 Words   |  6 PagesManagement System Kaplan, Robert S., Norton, David P. Harvard Business Review; Jan/Feb1996, Vol. 74 Issue 1, p75-85, 11p, 3 Diagrams Robert S. Kaplan and David P. 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A budget must be established to measure current financial performance, detect substantial changes in circumstances or business conditions, it must be realistic and attainable, and be based on a thorough analysis that includesRead MoreStrategy Implementation Organization Strategy Evalua tion1280 Words   |  6 Pagesï  ¶ Strategy Evaluation: Introduction Participants in strategic evaluation Analysis of External Environment Organization Setting objective (Long Short Term) Strategy Formulation Strategy Implementation Organization Strategy Evaluation Strategy Evaluation: Strategy Evaluation can be defined as a process of determining the effectiveness of a given strategy. Therefore, the purpose of strategy evaluation is to evaluate the effectiveness of a strategy that the organization to achieveRead MoreCase Study Of Citibank : Performance Evaluation1464 Words   |  6 PagesCase Study of Citibank:Performance Evaluation Introduction Performance evaluations are important parts of all employees and managers tools to ensure positive actions are rewarded while negative actions can be evaluated and fixed to decrease problems in the future. Performance evaluations benefit supervisors and employees by identifying how to bring out the employees best attributes for the company (Hamlett, nd.). Evaluations provide a look at how a worker is doing compared to earlier reviews ofRead MoreA Human Resources Value Analysis1398 Words   |  6 PagesA Human Resources Value Analysis of Canada’s Top 100 Employers, Best Employers in Canada, and The Queen’s Competition This human resources study will recommend two of the largest promotional competitions for business rankings found in Canada’s Top 100 Employers and Best Employers in Canada. These competitions define the most efficient workplace environment, which produce the most productive and efficient corporate communities. The one important aspect of Canada’s Top 100 Employers defines the mostRead MoreHealth Care Organizations Essay920 Words   |  4 PagesSuggest the key financial drivers that most likely will cause health care organizations to merge. Provide support for your rationale. Cost is the driver that will most likely cause healthcare organizations to merge. Most healthcare organizations have issues with spending. Most industries today are faced with a variety of obstacles in achieving or remaining profitable. The healthcare industry is no exception. Profitability is enough of a challenge under normal circumstances, but especially so during

Thursday, December 12, 2019

Managing Across Borders Management

Question: Discuss about the Managing Across Borders Management. Answer: Introduction This report present new techniques and strategies that will help AmericInn hotels in the management in the rising cross border business and transactions. With regards to this, there are two things that can create impact on the organization that is firstly the changes in the functional, natural, mixed and institutional change. And the second major issue is the fact that where the new business will expand. There are various types of methods, tools, models that are used while management of across borders takes place. The objectives and goals of this report is to analyze that whether the AmericInn Company would be able to manage in the changing and international business environment as it is very unfamiliar to the company. as we know, when a company tries to expand their business operations to other country than it has to face many problems regarding the culture, political parties, government interventions, nature, region, etc. The leaders and managers have to take qualitative and quantitative steps to manage all the issues and to face all the challenges. The leaders of the company take optimal decisions so that the organization will not face any major issues. It can become possible when the managers and leaders will make effective plans related to the management of cross borders. They have to design schemes and tactics that can work in the international markets of the world. It is very relevant to AmericInn to form such policies to cope up with the challenges and competition present in the across borders countries. As we know, the world has become very interactive due to the presence of technology. This results in globally challenged business organizations in which the managers and leaders have to be very effective. An overview of company: AmericInn hotel and suites AmericInn is a chain of hotels and suites that was founded in the year 1984 in the suburban twin cities. This chain is comprises of mid-price and limited service hotels. It is spread in all over United States including 240 states and cities. The majority of hotels are located in Midwestern United States with the franchises of AmericInn. The franchise of AmericInn was founded and was initiated by Jim Graves and opened in the year 1984. 20 properties of AmericInn are located in Minnesota and Wisconsin and its expansions are in the mid Midwestern United States. It has approx 240 motels and more of them are locate in the upper Midwest (AmericInn, 2016). An understanding of the impact of globalization on Managers and organizations First of all we have to understand that what globalization is? It refers to the expansion of business operations into the international markets to earn more revenue and profits. The process of globalization has a great impact on not only the business but also on the managers and other people working with the organization. Every successful business wants to expand their business operations in the global and international markets. AmericInn is a company that is a well established company of America. This motivates the company to spread its operations in to the international countries so that the company can run and earn more revenues. It is one of the common issues of all the successful businesses. there are many factors that must be considered before going global as every organization including AmericInn have to manage all these factors like the laws for the employees, the culture of the international country, terminologies and the corporate social responsibility. It creates a hug imp act on the working of the organization (Bhagat, et.al. 2002). AmericInn have to face a new environment as before they are dealing in America only. The culture of America is very different from other countries. They have to face issues related to the communication, government policies, political stability, culture differentiation, etc. The process of globalization creates a major impact on the human resource management of the AmericInn in company as they have to manage diversity of workforce who belongs to different nations and backgrounds from all over the globe. There are lots of challenges that will be faced by the managers and leaders of AmericInn (Cappellen, and Janssens, 2005). The management of the different diversity of workforce in the organization is a vital part of globalization. As they deal with different countries, the people will come from various nations. It will create problems related to the communication, culture, mindsets, etc. The other major challenges faced by the managers of AmericInn are the rights and laws for the labors in the other nations. It is very difficult for the HR managers of the company to study the rules and regulations of other countys policies. This creates a huge burden on the managers of the company (Guo and Rongxing, 2015). The outsourcing of the employees is also a reason for the challenges and issues. It is the mentality of people that they do not want to change their country for better opportunity. This will become as issue for AmericInn. The managers of AmericInn observed that the employees that are recruited for the outside country generally work for part-time of temporary basis. It results in insecurity of termination and turnover of the employees form the organization. The major reason due to which AmericInn was avoiding from expansion was management of productivity and quality in the organization. It is very easy for the company to manage both the elements in the local boundaries as they are aware of the culture of America (Birkinshaw, Brannen, and Tung, 2011). The process of globalization involves downsizing of the workforce form the organization. It is a major drawback as AmericInn has to terminate many of the skilled and intelligent employees from the organization for the sake of globalization. This is the most crucial process of international business (Scullion, and Collings, 2006). AmericInn have to manage flexibility in the working process and working hours so that the employee and other members get familiar with the environment of the company. It becomes very relevant for every company which is expanding its business operations into the global markets. An understanding of strategy issues in international Business Though, international business carries lots of benefits with it as the business can experience various types of new markets and untouched markets, new customers, policies, benefits, revenues, profits, sales, etc. Despite of all above, AmericInn have to face many types of issues regarding the planning for the strategies. There are key issues and challenges faced by AmericInn in the formation and management of strategy formation. AmericInn should identify the key issues that may come while internationalization of business operations. Key issues in the strategies are related to those issues that affects the survival of AmericInn in other countries. The companies have to study some relevant elements that effects its position that are market position on that refers to the products and services offered to the target markets. The main issue is whether the goods and services are fulfilling the customers need or not. The financial position of the company must be strong while internationalization of the company as it helps in achieving the goals of the organization. The system of production represent the technology that is used by the hotel AmericInn as the customers wants updated luxury while spending money. The managers also have to look at the human resource department of the company to continue the proces s of recruitment, selection, training, development, compensation of the employees. There is a huge difference in the domestic strategy and international strategy. In this regard, the company AmericInn has discovered four main areas where the strategies must be formed and implemented. It is done by the strategy analyst of the company. the fur strategies are the geographic spread, integration of global challenges, multinational firms, multi business firms, etc. the global factors depicts that in which global location the company wants to establish its further operations. Then the motive is to spread the business operation according to the locations. If we talk about AmericInn than the Asian countries are the best suite locations. This could provide advantage to enlarge the operations of the hotel to international market. So we can say that the practice of international business and its strategy is not very easy for AmericInn as there is a very thin line between the general strategy of the business and the international strategy of the business operations. The managers are facing a huge amount of competition that results in failure of the strategy formation for the organization. An understanding of the skills required by managers to Manage in a global context To succeed in todays fast moving world, AmericInn has to prepare their leaders and managers to cope up with the challenges and issues that come across while internationalization of the business takes place. There are certain qualities that must be developed in the managers and leaders of AmericInn. They re the set of skills and knowledge that must be found in the working style of them. To manage the pressure from the global economy, the managers have to diversify their mind sets according to the regions, nations, and substantial boundaries of the global economy. AmericInn wants to set up effective business operations in the overseas locations. This can be achieved through broad senses and technical knowhow. The specific qualities that must be required by the managers are- The overseas experiences The overseas experiences that reflect the knowledge and skills of managers about the counties in which the business operation is taking place or will take place in future. To become an international manager, it is very relevant to develop knowledge about the international markets, international cultures, policies, etc. (Javidan, et.al. 2005). Self-awareness Self-awareness is also the most important quality that must be present in AmericInns manager. This represents the beliefs and values of the manager on himself. The company has to chose such individual a manager who is confident about himself and must be aware about his or her powers. Without such quality it is not possible o manage the tough environment of international business. Cultural diversification There must be sensitivity in the cultural diversification of the staff and other members. As we know that a manager is an individual who promotes unity in the organization. AmericInn have to develop a sense of diversification in the minds of the managers so that they can respect the diversities in the company. Humility It is very relevant to manage humility in the organization. This helps in the unification and satisfaction of the employees. The hotel industry is one where it is vital to manage a decent and sophisticated behavior for their clients. It can be possible only when the staff will maintain good hospitality in AmericInn. Strategic thinking Global strategic thinking is the key factor that can help the managers and leaders of AmericInn to succeed in the global environment. It helps to make strategies according to the international environment of the country in which the company is dealing with. Good communication and well spoken Good communication and well spoken are the factors that helps in attracting new customers and clients in the organization. Communication has a power that can connect two different people together. Hence, it becomes very relevant for AmericInn to have effective communication power to deal in international business (Pettigrew, Woodman, and Cameron, 2001). A good negotiator A good negotiator is a best quality of a manager or a leader. If these skills are added to the managers of AmericInn than the company can easily tackle with the unfavorable environment of new locations. While going global it is the basic requirement that must be found in every leader. Attractive and pleasing presence Presence is the first thing that comes in the notice. Mangers should be presentable as he is a representative of the entire organization. The managers of AmericInn should develop their personality in a way that they look charismatic and presentable (Soderberg, and Holden, 2002). An understanding of major entry and exit strategies of International business There are various ways through which AmericInn can entry and exit from the international business Exporting as an entry strategy Direct- Direct entry refers to initiate the operations directly in the international business or country. It is the most risky way as the entire operations and the business organization is new for the location. Indirect- Indirect refers to firstly start the operations from the domestic nation to develop the knowledge and skills of the other countries (Adler, 2006). Foreign production as an entering strategy Licensing- It is almost similar to the contract manufacturing. In case of AmericInn it refers to provide license to any other company who wants to start operation of the same company (Lu, and Beamish, 2004). Franchising- It is one of the special forms of licensing in which the franchisor use the entire pan of the main company and promote it in the other nations. This concept is the most updated and expanding rapidly as it has many advantages. Local manufacturing- It refers to the manufacturing in which the company manufactures the local products and services instead of any international brand and multinational companys product pr services. Owners entering strategies Joint ventures- Joint venture refers to the investment are done in any foreign firm. It is a type of partnership. In this the firms get advantage to manage the other firms on their own basis. Strategic alliance- Strategic alliance is an updated version of joint ventures. They are different from traditional way joint ventures. Entering into the markets through the mergers and acquisitions- Instead of building the base, many companies direct merge or acquire the business operations of the other international companies. It is one of the attractive ay to enter into the global markets (Werner, 2002). Exit strategy There are no particular strategies for the exit of the firms form the national as well as international markets. There are various types of circumstances that force the companies to exit from the market or country. Failure is one of the major reason due to which the companies take exit but there are other reasons too that may force the companies to exit from the markets. They can be political reasons, financial problems or lack or finance, economic reasons and legal reasons. They are the reasons due to which the companies want to dissolve the operations and sell the entire or partial organization. High cost of operation sis also major issue in the international business as it is not possible to initiate the business operations wit out the investment of money and finance (AmericInn, 2016). Conclusion At last we can conclude that the company has managed the changes that has takes place while changing and expanding the business operations from one country to another country. Though, it is not an easy task for any company. But the AmericInn hotels and suites somehow proved that they have done across border management in a prominent way. The managers and the leaders of the company AmericInn are very effective while drafting the policies and strategies of management takes place at the time of across borders. They have a good knowledge of international markets. The managers of the company know well to manage the international business transaction in an effective and efficient ways. We have an understanding of the impact of globalization on Managers and organization, an understanding of strategy issues in international Business, an understanding of the skills required by managers to manage in a global context, and an understanding of major entry and exit strategies of International busi ness. As we know that the across border business has created a huge impact on the managers and the entire organization. It has become relevant for the managers to cope up with the challenges that have come at the time of management. The leaders and managers have to take qualitative and quantitative steps to manage all the issues and to face all the challenges. The leaders of the company take optimal decisions so that the organization will not face any major issues. It can become possible when the managers and leaders will make effective plans related to the management of cross borders. References Adler, N.J., 2006. The Arts Leadership: Now that we can do anything, what will we do?. Academy of Management Learning Education, 5(4), pp.486-499. AmericInn, 2016. AmericInn, [Online], Accessed on: 7 December 2016, Available at: https://www.americinn.com/ Bemak, F., 2000. Transforming the role of the counselor to provide leadership in education reform through collaboration. Professional School Counseling, 3(5), p.323. Bennett, R., Aston, A. and Colquhoun, T., 2000. Cross-cultural training: A critical step in ensuring the success of international assignments. Human Resource Management, 39(2, 3), p.239. Bhagat, R.S., Kedia, B.L., Harveston, P.D. and Triandis, H.C., 2002. Cultural variations in the cross-border transfer of organizational knowledge: An integrative framework. Academy of management review, 27(2), pp.204-221. Birkinshaw, J., Brannen, M.Y. and Tung, R.L., 2011. From a distance and generalizable to up close and grounded: Reclaiming a place for qualitative methods in international business research. Journal of International Business Studies, 42(5), pp.573-581. Cappellen, T. and Janssens, M., 2005. Career paths of global managers: Towards future research. Journal of World Business, 40(4), pp.348-360. De La Potterie, B.V.P. and Lichtenberg, F., 2001. Does foreign direct investment transfer technology across borders?. Review of Economics and Statistics, 83(3), pp.490-497. Florini, A. and Sovacool, B.K., 2009. Who governs energy? The challenges facing global energy governance. Energy Policy, 37(12), pp.5239-5248. Guilln, M.F. and Garca-Canal, E., 2009. The American model of the multinational firm and the new multinationals from emerging economies. The Academy of Management Perspectives, 23(2), pp.23-35. Gupta, A.K. and Govindarajan, V., 2002. Cultivating a global mindset. The Academy of Management Executive, 16(1), pp.116-126. Guo and Rongxing, 2015. Cross border management, [Online], Accessed on: 7 December 2016, Available at: https://www.springer.com/la/book/9783662451557 hospitalitynet, 2016. AmericInn Hotel And Suites To Expand Into Middle East, South Asia, [Online], Accessed on: 7 December 2016, Available at: https://www.hospitalitynet.org/news/4073889.html Javidan, M., Stahl, G.K., Brodbeck, F. and Wilderom, C.P., 2005. Cross-border transfer of knowledge: Cultural lessons from Project GLOBE. The Academy of Management Executive, 19(2), pp.59-76. Lu, J.W. and Beamish, P.W., 2004. International diversification and firm performance: The S-curve hypothesis. Academy of management journal, 47(4), pp.598-609. McDougall, P.P. and Oviatt, B.M., 2000. International entrepreneurship: the intersection of two research paths. Academy of management Journal, 43(5), pp.902-906. Pettigrew, A.M., Woodman, R.W. and Cameron, K.S., 2001. Studying organizational change and development: Challenges for future research. Academy of management journal, 44(4), pp.697-713. Pless, N.M., Maak, T. and Stahl, G.K., 2011. Developing responsible global leaders through international service-learning programs: The Ulysses experience. Academy of Management Learning Education, 10(2), pp.237-260. Scullion, H. and Collings, D.G. eds., 2006. Global staffing. Routledge. Sderberg, A.M. and Holden, N., 2002. Rethinking cross cultural management in a globalizing business world. International Journal of Cross Cultural Management, 2(1), pp.103-121. Werner, S., 2002. Recent developments in international management research: A review of 20 top management journals. Journal of Management, 28(3), pp.277-305.

Wednesday, December 4, 2019

Continuous Separation Principles External -Myassignmenthelp.Com

Question: Discuss About The Continuous Separation Principles External? Answer: Introduction The continuous disclosure regime of ASX plays an important role for the listed companies of Australia. The continuous disclosure regime states that it is the obligation of the ASX listed companies to disclose price sensitive information about securities to the investors and shareholders under the Lasting Rules of 3.1 and 3.1A (Hsu, Lindsay and Tutticci 2012). According to Australian Securities and Investment Commission (ASIC), the inclusion of continuous disclosure regime helps in the restoration of efficiency and integrity of share market. However, in the recent years, many questions have been raised regarding the necessity and effectiveness of continuous disclosure regime for the Australian companies. For establishing the necessity and effectiveness of continuous disclosure regime, it is required to analyse and evaluate different substance of continuous disclosure regime (Matolcsy Tyler and Wells 2012). This report takes an honest attempt to establish the importance of continuous d isclosure regime for Australian companies by analysing various aspects of it. In this process, this report highlights the main principles of continuous disclosure regime for the ASX listed companies. Disclosure Regime of Australia In the recent years, both ASIC and ASX have felt the necessity of establishing continuous disclosure regime for the ASX listed companies. In the year 1994, the inception of the existing continuous disclosure regime can be seen and it can be spotted under Chapter 6CA (Sections 674 678) Corporations Act through ASX Listing Rules (Chapter 3) (Lumsden 2012). According to this particular legislation, it is the obligation of all ASX listed organizations for the disclosure of prise sensitive share information that have material effect o the share and securities prices. More specifically, under this act, Guidance Note 8 states that it is the obligation of the ASX listed organizations for the disclosure of price sensitive information as soon as they become aware of it. Under the same act, the Principle 5 in ASX Corporate Governance Principles and Recommendations states that complying with the continuous disclosure regime is an important aspect for the minimization of information asymmetry be tween the investors and managers of the organizations (Tricker and Tricker 2015). In addition, it is also required for establishing effective governance in the share market. In the whole process of continuous disclosure regime, the important role of ASIC cannot be ignored. It is crucial to mention that it is under the authority of ASIC to take effective legal actions against the companies responsible for the violation of the principles of continuous disclosure regime (Worthington 2013). Companies under ASX have the authority to handle the rapid infringement notices; but organizations know the way to evade these notices in the cheap way by minimally affective their market reputations. For this reason, the policing activities of ASIC have much importance for judging the extent of continuous disclosure regime for the Australian companies. In this regard, the commissioner of ASIC said in a presentation to Australian Investor Relations Association (AIRA) that ASIC has presently 28 cases of insider trading in which they have been able to solve 18 cases and there are still 5 cases yet to be solved (Chang, Hooi and Wee 2014). Apart from this, ASIC has mentioned that the number of the cases of insider trading has increased rapidly and thus, continuous disclosure regime has an important role to play in the minimization of insider trading. Principles of Continuous Disclosure The major principles of continuous disclosure regime are mentioned below: It is required for the ASX listed companies to disclose adequate amount of share information for the shareholder and investors so that they can effectively judge the price of the shares and securities (Seamer 2014). It is the responsibility of the ASX listed business organizations to disclose the price sensitive information that can have material impact on the price of the shares and the companies are required to disclose them as soon they receive them. It needs to be mentioned that the companies are required to release them when it is evident that disclosure could not be withheld anymore (Chapple and Truong 2015). It is required for the ASX listed business organizations for the disclosure of price sensitive share information on an equal basis so that the investors and shareholders can take advantage from them. In this context, it is essential to remove selective disclosure in order to retain the integrity of share market (Kent and Zunker 2013). The presence of continuous disclosure regime plays an important role in striking an appropriate balance between the release of adequate share information and the restriction of earlier disclosure of this important share information. On the other hand, it is the restriction on the companies for the development of speculative environment with the help of various conflicting information of share prices (Watarai 2013). The continuous disclosure regime also an important tool for developing a balance between the disclosure of price sensitive share information and protecting the commercial interest of the investors and the shareholders. In addition, the business partners and advisors cannot use the earlier obtained information in order to trade in the share market of Australia (Chang, Hooi and Wee 2014). Most importantly, the continuous disclosure regime plays an integral part in maintaining the confidentiality of the information of investors and shareholders. It needs to be mentioned that it is the responsibility of the ASX listed companies to release the share information of the investors and shareholders on a timely basis and the quality of information must be there (Kathy Rao, Tilt and Lester 2012). It is the right of the ASX listed companies for getting continuous guidance in order to be associated with the principle and regulations of continuous disclosure regime. Apart from this, there is a mention of effective penalty for the companies responsible for the vilation of the principles of continuous disclosure regime (Chang, Hooi and Wee 2014). Selective Disclosure There is a close association between insider trading and selective disclosure. Share market is largely dependent on the flow of information and it cannot be done in the cost of efficiency and equality. In this process, the confidence of the investors should not be affected. As a part of this, the process of selective disclosure creates obstacle to bring loyalty in the share analysis, put restriction on the investors so that they do not be able to obtain equal information, affecting the market transparency and to spoil the confidence of the investors and shareholders (Marquis, Toffel and Zhou 2016). In the process of selective disclosure, it can be seen that the business organizations use to choose the disclosure of selective share information so that they can get favourable results; but these results do not have any connection with the goals and objectives of the companies. Apart from this, in the presence of selective disclosure, institutional investors get the option for the extrac tion of preferred share information of the ASX listed companies with the assistance of private briefing (Fisher 2015). However, the importance of selective briefing cannot be ignored as it is important to fill the gap of the share price analysis and the investors get great benefit from this. In this aspect, level the playing is an important part as it is helpful for getting the access of required information. Most of the organizations like in the adoption of the process of share information. For all these reasons, ASIC has recently initiated the surveillance on the price sensitive information. Surveillance The current process of ASIC in order to carry out the process of spot check of selected organizations has not been implemented properly. The presence of major complexities for the process of effective monitoring and the process of criminal proceeding can be held responsible for this. Moreover, the total cost of ASIC is needed to be taken into consideration and thus, it is required to have strict laws. At the same time, there is a strong need of effective governance that is required to be implemented alongside the required regulations (Yanco 2013). For all these reasons, the surveillance program of ASIC plays an important role for continuous disclosure regime. Conclusion As per the above discussion, it can be seen that continuous disclosure regime plays an important role for the ASX listed organizations in the disclosure of price sensitive share information. As per the above discussion, the effectiveness of continuous disclosure regime can be increased by the participation of authorities like ASIC and others. 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