The stress of the audit partner is tremendous and choosing that profession is one that I would prefer not to undertake. The anxiety and pressure to certify that a company’s financial records are in good standing can be daunting. 3.) Independent auditors are sometimes perceived as the “necessary evil” by corporate executives because of the possibility of exposing corruption. To change this point of view an auditor can try to explain their intent to educate and improve the company’s policies, which can in turn lower costs.
This would make NFP more susceptible to the natural disasters that have tormented certain parts of the island. Measuring Impacts The decision to expand to Kava should not be made without measuring the impacts of the proposed solutions and alternatives. The impact of hiring people native to Kava may cause a clash of culture between the managers and workers. This impact could also lower company morale and create a division between the Americans and people native to Kava. Building an office and warehouse in areas away from the predictable natural disasters may prove to be more costly in the short term.
By stepping out of their comfort levels managers need to develop knowledge of cultural differences and a sensitivity to diversity issues. By establishing relationships at work with individuals different from yourself, you begin to learn about the talent and knowledge the diverse culture can add to your organization. They also need to address prejudice and prejudgment within themselves. Some examples of misconceptions usually based on cultural values, stereotypes and life experiences are that women are less committed to a successful career than men, older employees cannot learn new technology and younger workers only care about themselves and their social life. By challenging these prejudgments, a manager can become a role model for all employees to embrace cultural diversity in the work place.
Even though this practice reduces the chance of making a bad re-sourcing decision, it wastes lots of time and energy from CMC and engineer team, and may discourage nominated supplier. Are there any improvements that should be made to the current re-sourcing practices within Global Supply Management? * Clear quality standard and parts’ print should be communicated with potential suppliers to eliminated misunderstanding. * Once a list of potential suppliers has determined, Casturn should begin to evaluate their technical capabilities and financial capabilities. Casturn could ask suppliers to send Casturn samples.
Ethics Paper MGT498 Ethics Paper One of the biggest things that big named organizations sometimes tend to forget is that when difficult decisions must be made, they affect everyone within that organization. Whether it be budget cuts leading to loss of hours or layoffs, lower stocks percentages for the shareholders or it can even change things positively, and require more production of hiring. Either way, when issues come up and things change, it is important to keep everyone involved well informed and made in the best interest of those directly affected. In the business world, corporations have a responsibility to the employees as well as the stakeholders to be ethical in their decision making by staying true to their beliefs and behavior to society. When unethical decisions are made, everyone involved in the corporation and its well being are affected in a negative way and will jeopardize the well being of the business.
Due to giving companies outsourcing opportunities, these companies will fire their staff because staff overseas will work for cheaper and sometimes even better. Also even though Symcor provides companies with 24/7 customer service, sometimes the speaking skills for people around the world is sub-par and will result in a communication barrier.
It is the relationship between organizational culture and ethics that can get businesses into significant trouble in the long term. An organizational culture that supports uncertain decisions and unethical behavior will need to change its culture. When changing business, organization culture is problematic, but
To maximize profitability among competitors, an organization might need to realign its business lines by centralization or outsourcing. Wherever there is change, there is resistance. Resistance to change stems from human characteristics such as perceptions, personalities and needs. Change can be frustrating if it is perceived as disruption to routines or status quos. This is threatening because it creates a fear of the unknown future as well as failures.
QHT1 Task 4 9/6/2015 As a manager of a business it is important to know how to overcome the communication barriers. I will list the four key types of communication barriers and how to avoid them so a company can run more productively. The four categories are process barriers, personal barriers, physical barriers, and semantic barriers. Process barriers are having an issue of communication between the sender and the receiver. An issue occurs when the message has too much information and it’s confusing, having a fear of criticism or language differences.
What is different between USA and Chinese’s business? Even people who speak the same language often misunderstand each other. To understand why that occurs, it is important to know some of the major differences underlying how people in the two cultures think. A common mistake business people make before going overseas is not making an effort to understand the basics, such as how to make a positive first impression. These first impressions are based on etiquette and greeting rituals that vary for different countries.