It is said that the “lack of security is the biggest threat to consumer privacy from external sources. Selling consumer data without the customer knowledge or permission is the major internal threat to consumer privacy” Marchany, R., & Tront, J. (2002). The concluding evidence of implementing a Frequent Shopper Program for Kudler Fine Foods demonstrates a few concerns to consider, the legal, ethical and information security issues. First, consider whether or not the data collected will pose legal ramifications for Kudler.
After they do that they can assess the risk. The first risk they may want to look at is the control risk by taking a look at how the internal controls system works at Smackey Dog Foods. Test of Internal Controls – By testing the effectiveness of the internal controls the auditor can determine the control risk that lies within the company. They can do this by taking a small sample of invoices and looking for verification
The first general standard states the following: The Smackey Dog Food, Inc. has many remote locations that are not properly managed by the company. Keller CPA might need to seek the assistance of a specialist in this industry because they had never audited a client of this nature. UNDERSTAND THE CLIENT’S BUSINESS AND INDUSTRY – Understanding of the client’s business and industry and knowledge about the company’s operations are essential for the auditor to conduct an adequate audit. Per the 2nd standard of field work: “The auditor must obtain a sufficient understanding of the entity and its environment, including its internal control, to assess the risk of material misstatement of the financial statements whether due to error or fraud, and to design the nature, timing, and extent of
Carrie Dawes Task B Bi) For the case study of James and his mother, risk assessments can be put in place if he wishes to live away from home. James has the right to take risks if he wishes to as long as he is aware of them. By completing a risk assessment this will ensure that James is fully aware of risks and this may even highlight some risks that he or his mother are not aware of. This can also be used to make risks as safe as possible. Bii) There are 4 main key points of food safety in a social care setting.
Robbin Industries is jeopardizing itself by not properly reporting the advertising costs. As an operating company, they must understand the generally accepted accounting principles and adhere to them (Weygandt, Kieso, & Kimmel, 2010). (c) What would you do if you were Wayne Terrago? Wayne Terrago should try to report the financial condition and results of operations fairly and in accordance with the generally accepted accounting principles. As controller, Wayne should inform management and understand what is acceptable according to the GAAP.
Speculate on the primary manner in which a grocery chain could use OLAP to gain a competitive advantage. Provide a rationale to support your response. ======== Submitted Work The methodology utilized for the protection of personal and business organizational data should be in place (up and running) from the very first day of business. However, this is not the case, in general. Security data / protection of data is usually something someone thinks about when there is a data breach.
A society we must respect those individual rights. As a manager at Kudler Fine Foods, I would expect that employees and customers are respected and recognized individually. My focus would not be on what may be most beneficial to society or the grocery industry in general, but on what is most beneficial to my internal and external customers. For example, some managers may believe that it is a waste of resources to offer free food samples. When looking at the bottom line, this practice takes an employee away from working the register or counter as well as increases the costs associated with providing goods for no profit.
Grocery Industry Focus | Slotting Fees: | Debating legality | Zappala, Anthony 10/30/2011 | Abstract: The purpose of this paper is to take a closer look into the practice of slotting fees in the grocery industry. First, the paper will focus on highlighting the key components in the efficiency school of thought, concerning slotting fees. A brief argument will be made against the market powers school, which contends slotting fees cause more harm than benefit. Then shifting the focus towards the debate as to whether or not the establishment of slotting fees has developed into an illegal practice that harms the consumer. Important Findings: * “Our ability to comment about the relevance of the various theories of slotting based on our study is limited, however.
This could in turn be damaging to the reputation of the team and its members. In order to be successful, there is need for risk management incentives to be put in place. This can only be attained through the maintenance of good functionality for systems. A risk management plan involves coming up with the right techniques to cope with any challenges that are to be experienced in the planning process. For instance, certain alternatives should be indicated as a fall back plan in case the team runs out of resources away from home.
2. Using Excel or other calculation software, input the data you collected in criterion one to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination indicating how it will influence your decision to open the pizza business. Explain any additional variables that may improve the coefficient of determination. The independent variables used to analyze coefficient of determination here were the average income of food service manager and the average price of pizza in a time series regression analysis.