social and ethical environment of business

Recent years have witnessed the growing voice of organizational members questioning the morality of the behaviours of global organizations. Examples include Bradley Manning and Edward Snowden. At the same time organizational scholars note the importance of efforts for managing ethics through various ethical codes applied in different global organizational contexts. Whilst organizations try to control the ethical behaviour of their employees through such mechanisms, there can also be occasions of external whistle blowing, where an employee may expose an employer for perceived ethical misconduct.
Considering these realities critically assess the tensions between organisational codes of ethics and individual morality, as expressed through the act of whistleblowing.

• Evaluate how the social and ethical environment of business can impact upon business organisations
• Identify the implications of globalisation and sustainable development for the management of business organisations
• Critique the influence of codes of values on managerial decision-making .

Combating Compassion Fatigue

Read the articles listed in the readings for this module and use them as a starting point for researching the topic of compassion fatigue, caregiver burnout, and related issues. Evaluate your sources to make sure they are academically sound and useful to your study. Compile concepts and resources to help yourself when facing burnout as you care for patients.

. Be sure to include the following:

1.Identify the warning signs for at least five concepts of compassion fatigue.

2.Present the nature of the problems and their causes.

3.Explain the physical, emotional, and spiritual needs of the caregiver.

4.Finally, give examples of coping strategies and resources you can use to help you, the caregiver.

Introductory Accounting

Required:

1. Select and investigate any one of the following company’s two years financial reports (2013and 2014):

 David Jones Ltd.
 Myer Holdings Ltd.
 Foster’s Group Ltd.
 Qantas Airways Ltd
 Telstra Corp Ltd
 Harvey Norman Holdings. Ltd
 Virgin Blue Holdings Ltd
 Brambles Industries
 Caltex Australia Ltd.
 Dominos Pizzas Enterprise Ltd
 Billabong International Ltd
 Wesfarmers
 Amcor
 BlueScope Steel
 Elders Ltd.
 Quicksilver
 JB HiFi
2. The information required to write the business report is found in the company’s annual report, which is available on the internet (for all the above-mentioned companies). Information from any other source can also be used by the student.

3. The report should include the following:

 A description of the business activities of the company that you have selected.

 Calculations of the ratios in the context of the company’s Profitability, Efficiency, Liquidity, Gearing, and Investment performance for 2013 & 2014 using annual reports. The detailed calculation of relevant rations and other useful calculations should be included in one or more appendices. Students are advised to show the formulae used in determining particular ration and other figures.

 An explanation of each ratio giving details of what the ratio means and how the calculation and comparison of each ratio will help the company’s decision making.

 A discussion of your results for each ratio over the two years and what each ratio indicates about the financial performance of the company.

 Advice to potential investors about investing in this particular company with reasons based on your ratio calculations.

4. The report should include the following sections:

• Cover page
• Executive Summary
• Table of contents
• Introduction
• Sections covering the information required
• Conclusion & recommendation
• Appendix
• References

Statistics

1. A researcher surveyed students with this request: “Enter your height in inches.” What’s wrong with this request? Identify at least two problems. What would be a better way of collecting this information? Explain your reasoning.

2.Search newspapers, magazines, or the Web to find an example of a graph that is misleading. Provide the graph and describe how it is misleading. Redraw the graph so that it depicts the information correctly.

3. Search newspapers, magazines, or the Web to find graphs of the types discussed in chapter 2 (histogram, ogive, bar graph, pareto chart, pie chart, time series graph, stem and leaf display, scatter plot) . List the variables used, methods of data collection, and general types of conclusions drawn from the graphs. Provide 3 examples.

4. An average is an attempt to summarize a collection of data into just one number. List three areas of daily life in which you think the mean, median, or mode would be the best choice to describe an “average”. Explain!

5. Mensa International calls itself “the international high IQ society,” and it has more than 100,000 members. Mensa states that “candidates for membership of Mensa must achieve a score at or above the 98th percentile on a standard test of intelligence.” Find the 98th percentile for the population of Wechsler IQ scores. This is the lowest score meeting the requirement for Mensa membership. Assume that adults have IQ scores that are normally distributed with a mean of 100 and a standard deviation of 15.

Family Reunions: Worth the Hassle Case stude

a. What is the root cause(s) of the problems/issues occurring and what other factors contribute to them?

b. Discuss the key players and the role they play in this case. What role does each individual play in the case? Are they contributing to the problems you discussed? What should their role be in fixing those problems and creating solution?

c. What are the possible solutions to the problems that you would implement? You are a consultant that has to make recommendations on what needs to occur to correct the problems. Present your plan of action.

Urban Development Law

In March 2014 Robert the Renovator relocated with his family from inner Sydney to a suburb just north of the Brisbane CBD. The suburb is very leafy and relatively quiet, as well as slightly hilly in some areas. It is called Havana and has easy access to the CBD by both a new train station and several new bus routes. It is not a very modern suburb as in the past it was not very popular. However, the new station and bus routes have made it a very desirable suburb as it is now very easy to get into the CBD. Robert believes he can easily make a good living both by renovating old homes and/or demolishing older homes and building new ones. He believes he will be able to build new homes, duplexes or small townhouse or apartment complexes depending on the size of the lot as well as the condition of any existing dwelling.

In May 2014 Robert begins to buy properties. The first is to be his own home, which he renovates as quickly as possible. It is a very small block and while the house does not need much work, the garden is very overgrown, mainly with shrubs. Robert needs to clear the garden before he can create a new one and in addition needs to speak to his neighbour Charlie about the 3m high wooden paling fence built between their two properties as it is not safe. The fence is located on the boundary between their two properties and is adjacent to their respective garages and driveways. Robert has an expert report that states the fence posts are all rotten and that while it ‘looks alright’ it could fall over at any moment. If it did this it could seriously injury someone or damage any vehicle parked on either driveway.

In July 2014 Robert buys the first of his investment properties. It is a very large vacant block of land (i.e. without a house) of 3 hectares and has several very large macadamia trees on all boundaries. The block is large enough that he will be able to construct a very attractive townhouse complex. The trees are all very old and some branches are unsafe. Robert has had the property surveyed and knows that all the trees, although they overhang the neighbouring properties (owned respectively by Kurly, Larrie and Moe), the tree are growing only on Robert’s property. Kurly, Larrie and Moe, and Pedro who lives on the other side of the street, were originally excited at Robert’s arrival, as they thought the trees would be removed or at least pruned and would enable more sunlight into their land. However, the trees will add considerably to the value of the proposed townhouse complex and so Robert wants to keep them all just as they are, particularly as, being on the boundaries, none of the trees will interfere with his construction plans. Kurly, Larrie, Moe and Pedro are not able to convince Robert to remove or prune the trees.

In August 2014 several events occur:

  • Part of the fence between Robert and Charlie’s property falls over. No-one is injured however Robert and Charlie cannot agree on what to do next;
  • Moe removes all of the branches from Robert’s trees that overhang his property and uses them as firewood. Robert is furious as the trees on that side now “looks ugly”; and
  • Pedro sent Robert a letter threatening to take court action if Robert does not prune the trees that are blocking Pedro’s view.

Advise Robert.

Your advice should include references to relevant legislation, any cases that may be useful examples for determining what should be done, and refer to any procedures that should be followed or forms to be used (if any). It should be logically set out and address issues separately.

Educational travel: building resilience in students

Does homeschooling in educational travel assist students in building resilience?  Proposal is to include focus and references to resilience building. Do the students fit in better when they return to mainstream education?

This is a personal subject of interest from many years of cruising in SE Asia. At Langkawi marinas there are many families with children who are homeschooled. These include families from Europe, USA, Canada, Australia and New Zealand. As a sailor, I find these mini travellers focused, well adjusted and self-directed.

Limitations: the research will be undertaken only with Australia/New Zealand subjects due to similar educational systems.

Case study – Avicular Controls and Pakistan Airlines

International projects present multinational corporations with many complexities in organizing a profitable transaction structure.Foreign exchange risk is an underlying problem. Credit risk presents another challenge. Payment terms and the certainty of realizing them can be difficult points. Negotiations with foreign corporations and governments, and with agents and intermediaries, present additional challenges. An example of the demanding environment for global financial activities is presented in the case of “Avicular Controls and Pakistan Airlines”. It is found in Cases in International Finance on page 40.

Expectations

Review the case carefully and be prepared to respond to the following questions:

1. Estimate the cash flows in U.S. dollars/Pakistan rupees the possible forms of the transaction would yield. Consider exchange rates, payment terms, the agent’s fees and other factors.
2. Makran, the Pakistan agent, is offering potentially critical services. Would you engage Makran and on what basis in terms of fees or other conditions?
3. What position would you take if you were in charge of the negotiations for Avicular Controls? Would you change any points in he proposal? How could you maximize the return for the company and minimize the risk?
Consider and evaluate other alternatives for the financing of this transaction – equity/debt/U.S. dollar denomination/other currency.