Auditing and Audit Committee Policy free essay sample

External Audit Team Subject: Internal Control Weakness and related fraud risk After much research and time spent on understanding the inner working of Alchemy Inc. , we have found some internal control weaknesses that could lead to potential fraud. Our audit procedures are designed to address internal control weaknesses and subsequent fraud risks in the most efficient and cost effective manner. We hope with our recommendation that Alchemy inc. ill be able to minimize the risk of financial misstatement. We believe these concepts will have many positive impacts on the firm’s long-term profitability and efficiency. The audit committee is not directly checking the financial statements for irregularities. The eighth tenant of the Audit Committee Policy reads that the audit committee must review financial statements for unusual transactions. Currently, the CEO, Chris Reddy, is performing financial statement evaluations without the oversight of the audit committee. The aforementioned control weakness lends itself to possible fraud risk. We will write a custom essay sample on Auditing and Audit Committee Policy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The CEO is under pressure to perform on behalf of the shareholders, and Mr. Reddy’s oversight of the financial statements creates an opportunity to misrepresent the performance of Alchemy Inc. Our recommendation is that the Internal Audit department sends the financial statements directly to the Audit Committee for review. The recommendation can be implemented at no additional cost to Alchemy Inc. The Internal Audit department lacks the needed oversight and monitoring of Alchemy Inc. due to their limited scope and experience. The Audit Committee Policy indicates that the Internal Audit department should report to the Audit Committee. Furthermore, the Audit Committee is required to determine compensation and monitor the internal audit plan. Currently, the Internal Audit team reports and are managed by the CEO. Another major weakness in the Internal Audit department is their experience level. Most of the Internal Auditors are recent college graduates with no prior experience. The head Internal Auditor received his CPA certificate from online within two days. Therefore, they do not possess the necessary experience or freedom to monitor the company. The internal audit department reports directly to the CEO, which in turn creates a major conflict of interest. The lack of experience by the Internal Audit team doesn’t help the cause. If they had more experience they would know that they are not supposed to report to the CEO. The Internal Audit team cannot perform their duties without the approval of the CEO. This would create an opportunity for the CEO to conceal any fraud or misstatement. For instance, if the CEO was committing any fraud, he could easily direct the Internal Audit team to another task so that the fraud will not be uncovered. The Internal Audit department should report and be managed by the Audit Committee as stated in the Audit Committee Policy. This would give the Internal Auditors the freedom to investigate and monitor over the company as needed. They should also consider hiring more experienced Auditors or making sure that they give the current Auditors proper training. Improper safeguarding of assets increases the risk of misappropriation of spheres and theft by employees. Upon review of Appendix A, the audit team observed that the Pleasantville factory’s entrance gates do not have locks, this not only raises the risk of misappropriation internally, but theft by external parties as well. After reviewing the interview with the shipping clerk and the machine operator, we realized that the final sphere products are shipped out in Ziploc bags, raising the possibility of damaging the products and creating losses for the company. The stored spheres are contained in open bins while still in the factory, thus magnifying the possibility of theft and loss. The audit team also identified that the machine operator leaves the spheres unattended at the conclusion of the work shift. Alchemy Inc. needs to have a more adequate system of safeguarding its main source of revenue, producing spheres. If this process is compromised, the firm will subsequently jeopardize its profitability and market position. Our recommendation consists of implementing a more integral system of assessing the value of the company’s products and restricting access to the finished spheres. The production of spheres is one the company’s largest sources of revenue and the production processes should be maintained and guarded at all costs. Though these methods might not be cost-efficient in the short-term, the firm needs to revamp their methods of safeguarding assets to increase the chances of long-term firm longevity and profitability. Alchemy Inc. should implement a system to lock the factory’s gates in Pleasantville and also having restricted access to the factory’s premises. These costs are minimal compared to potential fraud that might inquire due to this weakness. The final sphere products should be stored and shipped in more secure bins and bags. Compromising the quality of these costly spheres can damage the firm’s approach to quality and product control. If it is cost effective to Alchemy Inc. , the management should integrate some sort of lock when the bins are left unattended or when the personnel is finished with the day shift. The code of conduct is in place, but the code is widely unknown by Alchemy’s employees. Acknowledgement of the ethical policies and practices is one of the critical point that can control the awareness of employees conduct. According to the interview performing by the external auditor to Alchemy staffs, no one is aware of or understands the code of conduct when they were hired. Referring to the internal auditor report, thought the code of conduct policies are documented, it is neither properly communicate to the employees nor trained to the employees. Therefore, no compliance of acceptable ethical code is established as of the documentation of Sarbanes-Oxley section 404, and it is not reliable. Also, the Ethics Hotline, Whistleblower, is not checked regularly by the internal auditor. Actually, according to Mr. Pat, internal auditor, he knows nothing about how the hotline is used, and he has no concern regarding why any issues are raised. As an internal auditor, he is responsible for investigating any risk or fraud associate with the company. Conversely, the hotline is sent directly to the audit committees who should have no obligation to this matter. For instance, the company background document indicates that one call has occurred, but no further detail is known or investigated. All of these absence and improper implementing of the code of conduct and responsibility of the employees can potentially conceal the fraud that could exist. Employees witnessing fraud cannot report it due to unknown of one responsibility is. Additionally, the internal auditor does not get the calls, therefore he cannot investigate them. As of result, a rationalize risk could incur where a conflict of interest could exist from either top management or employees. To reduce the likelihood of misstatement, hiring management should take the initiative to confirm the acknowledgement to the code of conduct and establish a continual update of the policy to employees. They should post copies of the code of conduct all around the property. They should set up meeting to let employees know about the ethics hotline, and encourage every single employee to use it. Also, the hotline notification should be sent to both management as well as internal auditor for additional concern regarding any frauds. Though it seems like a lot of additional procedures or exertions that are needed, it is cost-effective to prevent intentional risk by someone. The pay structure at Alchemy Inc. also poses further Internal Control weaknesses and subsequent Fraud Risks. The Shipping Clerk is compensated on an hourly basis, with no potential for over time. The Machine Operator is compensated based on the sphere output that the individual produces. There is no incentive or motivation for the shipping clerk to maximize her efforts to increase production of final product of spheres; this is also due to a poor system of checking on the output by the management. As the machine operator, C. J. Ready is responsible for the product quality and final output of spheres. Since she manually counts the spheres individually, with no proper system of checks by management, she can inflate the final output figures, further increasing her compensation. With this current system of compensation, the Fraud Risks that are associated with these positions are eminent. The company’s financial position will be potentially falsified due to the inflation of wage expenses. Our recommendation is to have a cost-benefit analysis of differing pay structures for the two lines of services with the employees. Human Resources screening policies are ineffective. According to the Internal Audit Report, Alchemy has HR Policy #404 in place. It is the opinion of the audit team that the policy is adequate, but the implementation of the policy is not effective. Alchemy appointed accountant without enough skills or qualification. He did not hold CPA certification and worked with inexperienced people prior to this job. Machine operator, who is colorblind, is also not qualified for this position. The hiring manager did not go through proper medical evaluation before she got hired. Additional, Joe Bozo who has no original document of background check and without the proper performance evaluation was promoted within 3 months. All of these three conditions have violated the HR Policy #404. These unqualified employees can bring to error that could potentially lead to financial misstatement such as a machine operator, who is responsible for color sorting, is color blind. To Alchemy’s business, it can be a big loss by just not sorting color incorrectly. Furthermore, simply the relationship between CEO and machine operator could undermined the organizational structure of the company. In order to eliminate or reduce these from existence, proper screening system for qualified candidate must be strictly reinforced before hiring. Though as the internal auditor report has indicated the freeze on the external hiring, a performance evaluation is still needed in order to promote someone for higher position. This firm implementation is to ensure that the job is fulfilled with the right candidate who not only can perform their duty, but also they can perform it at their full capacities with the skill and knowledge for the benefit of the company. No one is verifying the transfer of inventory from one department to another within the manufacturing process. Inventory should be carefully checked by others to ensure the completeness and accuracy of packing. Also, before loading the inventory, the shipping clerk must be checked by management personnel. According to the interview conducted by external auditor to machine operator, receiver and shipping clerk, there is no proper verification from upper management of the inventory coming in or going out. Everything count or check of inventory is performed on them self. Without proper verification or authorization of inventory, this could result in an opportunity of fraud risk such as theft. Therefore, it is important for a company to have a management in place to make sure that all the transactions are verified including reconciling all the purchase order, bill of lading, how many orders Alchemy received and how many of them they are producing. At the end of the day it is management’s responsibility to make sure all the numbers are right. Inventory is material account, therefore appropriate and maybe strictly supervision must be needed for any material misstatement anticipation. In summary, Alchemys internal control is not as effective as the management indicate. In order to mitigate the potential fraud risk incurred due several weakness found, a cost effective in implementing the recommendation that are offered above will reduce the risk of material weakness to the financial statement and improve the management and operation performance in the long run.

Crane and Matten Evaluating Business Ethics

Crane and Matten Evaluating Business Ethics This chapter examines the main ethical theories, and analyses their importance and capacity in business ethics. A key argument focuses on the position of ethical theories in business ethics including ethical absolutism and relativism.Advertising We will write a custom book review sample on Crane and Mattens Business Ethics specifically for you for only $16.05 $11/page Learn More The majority of traditional ethical theories leans on the absolutism side whereas the contemporary ones are on the relativism side. Nevertheless, this chapter tends to prove that both positions may not be useful in business ethics. In contrast, this chapter focuses on the pluralism position, which occupies a position based on the two theories. Different ethical theories are used to establish the pluralism position. The chapter also elaborates assumptions upon which this position is based: the social phenomenon versus the harm and benefits. These are featured on the perspective of eth ical theories use in Europe as compared to other regions. Further, the chapter differentiates these ethical theories into two groups based on the outcome where they are categorized as either consequential or non-consequential. Here, the theories are evaluated using the moral judgment as to whether a decision is right or wrong. The chapter explains the theories by reflecting them to certain business problems triggering ethical dilemma. In regard to the consequential theories, the chapter examines egoism and utilitarianism. In egoism, the basis of the outcomes is featured on the decision makers. However, on the part of utilitarianism, it is based on the community. Likewise, the non-consequential theories look on two theories applied to business ethics: duties ethics and ethics related to rights and justice. The intersection of these two approaches is similar since they focus on the assumptions of the basic principles of good and wrong.Advertising Looking for book review on bus iness economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More These principles are developed using categorical imperative that applies all morals regardless the benefits or harms to those involved. The categorical imperative framework is examined using three aspects. Each action is tested using all aspects upon which it is defined as being either morally right or wrong. The aspects are based on the issues of consistency, human dignity, and universality. Various assumptions concentrating on individual rights are assessed. These include the rights to life, freedom, justice, education, and property among others. Wide agreement about the human rights forms the basis for business ethics in all corporations. The relationship between business ethics and human rights determines the decision making process that is complemented by fairness. The perspective of human rights is directed to the view of justice on how to achieve this fairness. The cha pter provides the useful application of justice in business ethic that has empowered me on how to approach various ethical problems especially in employment practices. It compares two approaches used and the problems arising. Additionally, it clarifies how the main challenge of inequality among people or countries can be addressed using ethical theories. The key features, forms, harms, and benefits of the ethical theories help me to identify the theory to rely on in approaching business ethics. This chapter provides a broad category of ethical theories ranging from the traditional to contemporary ones. In this case, it provides a good platform of comparison and great assistance in reaching morally informed decisions in business ethics. In addition, we are able to incorporate the idea of pluralism in business ethics, as wells as confront its reality. Ethical theories provide a comprehensive and considerable way to approach problems through the use of the three aspects.Advertising We will write a custom book review sample on Crane and Mattens Business Ethics specifically for you for only $16.05 $11/page Learn More Reference List Crane, A Matten, D 2007, â€Å"Evaluating Business Ethics: Normative Ethical Theories,† In A Crane D Matten (Eds.), Business Ethics, Oxford University Press, New York (pp. 86-115).

Clinical Practices Paper Essay Example | Topics and Well Written Essays - 1750 words

Clinical Practices Paper - Essay Example It should not be misconstrued that one type of learning must be followed to help every student learn. Central to learning styles for any student is to find those models of teaching that work most effectively for the individuals learning style so that they become more instantly ready to understand the coursework and do well on a test. The research shows that there are many methods currently being used. There are several basic ways that a student must learn different types of material. As an example, some pieces of knowledge must be memorized. This would include lists of facts or aspects of the human body and body systems that are important to know when you are working with patients. Azzarello (2007) points out that there are three stages of knowledge that students must develop. In the first stage, the declarative stage of learning, students find these lists and common knowledge important. They must not only learn the material, but be able to apply the knowledge to their clinical studies. In stage two, called the procedural stage, students must take the knowledge they have and apply it to situations that may not have come up in other settings. With this knowledge, they must use critical thinking and problem solving to add to the knowledge they have about the situation. In the last stage, which the author calls structural knowledge, a student must understand how procedural knowledge and declarative knowledge relate to one another. This basically means that students will need to understand an organized way of bringing the knowledge together (Azzarello, p. 3). The author suggests that in order to understand what students are learning structurally that Pathfinder scaling techniques can be used. A study was conducted to see whether this was feasible and found that it was one way that students could be evaluated. This is a stronger way to evaluate than concept mapping and most students in the study thought some of the work was

Discuss Strategies Adopted By Domestic or Foreign Firms in China to Essay

Discuss Strategies Adopted By Domestic or Foreign Firms in China to Reduce Turnover of Their Staff and Assess the Effectiveness of Specific Measures - Essay Example This essay stresses that the major factor driving the staff turnover rate to increase somewhat incessantly indicates to the demographic factors of the Chinese economy, which comprises of low cost Chinese labour and the behaviour of the employees, giving much emphasis on their salary structure. The fact was further justified when the HR professionals of China reported that in the early years of 2000s, around 73% of the employees on an average, in China, had resigned from their previous jobs and moved to the other because of a higher pay structure. This discussion declares that apart from stating the reasons for the Chinese employees to leave the job, the HR professionals of China have also stated that the implementation of strategies focused on high employee satisfaction is the best method to deal with the ongoing problem of increment in the staff turnover. The various organisations are also struggling hard to retain their employees by implementing effective organisational strategies for the reduction of staff turnover rate. The continuous increase in the employee turnover rates has evidently emerged as a major barrier to the effective performance of both domestic as well as the foreign firms of China. Although the problem’s epicentre is same, the strategies adopted by the two groups have been observed as quite different. The Chinese firms usually believe that the best strategy of retaining the employees is to provide them with the best deals in comparison to those offered by other employers.... In this essay, the key area of study have been concentrated on the identification of the strategies adopted by the domestic as well as the foreign firms in China for reducing their staff turnover rates and subsequently, assessing the measurable effectiveness of those strategies in the current scenario of the economy. Discussion Strategies Adopted by Domestic firms for Reducing Staff Turnover The continuous increase in the employee turnover rates has evidently emerged as a major barrier to the effective performance of both domestic as well as the foreign firms of China. Although the problem’s epicentre is same, the strategies adopted by the two groups have been observed as quite different. For instance, to ensure better retention of the productive professionals in the organisation and mitigate the issue of increasing staff turnover rates, domestic firms in China have adopted certain distinctive strategies at organisational level, which principally focus on pay structure design efficiency, better training and developmental aids to ensure performance satisfaction to the employees and enrich management-employee relations. The Chinese firms usually believe that the best strategy of retaining the employees is to provide them with the best deals in comparison to those offered by other employers (Ferreira & Alon, n.d.). Few of these strategies that the Chinese firms have adopted for reducing the issues of staff turnover have been explained below. Considering the fact that a majority of employees decide to leave their current job being influenced by the pay hikes they shall obtain from joining another organisation, domestic firms in China often tend to emphasise regular pay hikes and increments to be delivered to their employees. In many

The Importance of Body Art as Part of Young People Identity in Britain Essay

The Importance of Body Art as Part of Young People Identity in Britain - Essay Example From the research it can be comprehended that art has been heavily influenced by faith and status among indigenous people or tribes, and the same for the Vatican. Art is seen on canvases of painters, on sounds of music albums, on cave walls, books, museums. Others say that art is natural within every individual, and how people express themselves is itself a form of art. One of the many kinds of art is the body art of which instead of a canvas, the human body is used. Not so long ago tattooing was considered only among the â€Å"tribal people† and then, in sub-cultures. But in recent years, body piercing became a craze. Its popularity has grown so much that some medical experts alarmed people that piercing could be hazardous. Only to fan its popularity. A sample of this is nipple piercing, which was once practiced by the Karankawa Indians of Texas and is still practiced by women of the nomadic Kabyle tribe in the Mountain of Algeria. In the West, nipple piercing has made a rebi rth, with many famous people having their nipples pierced. Generally the reason was for ‘fashion’ and not for any rituals or ceremony purposes. Today, the traditional body painting, body piercing and body tattooing are part of body art. Cosmetics, jewelleries, and surgeries are now the more conventional versions of body adornment. Even if it is traditional way or more advanced way, body art could produce fabulous expressions. Body art is one thing that gets easily accepted among the young people.

Britannia International Hotel Industry: Analysis

Britannia International Hotel Industry: Analysis This is the strategic report on the Britannia International Hotel industry. It discusses the scheme of the strategic management in the business with the analysing of the tools of the strategy in the day to day operations of the business. Strategic report is focusing on the impact analysis of the business strategy of the hotel industry with the giving of the overall view on the strategic management scheme in the hotel industry. It is ideally giving of the recommendation for the improvement of the performance level of the hotel industry in the current market with the adoption of the suitable , feasible and acceptable techniques of the Hospitality Management to improve the level of the performance in the business. Introduction This is the strategic assignment focusing on the Britannia International Hotel Industry in London. The aim of the assignment is to discuss the strategic policy management of the Britannia International Hotel industry in London in the relation to their internal and external business environment. The Britannia International is one of the prominent hotel industry in the London situated at the heart of the city at Canary Wharf, London. They are having 35 hotels across United Kingdom using 7000 bedrooms, One of the hotel at the prime location of the city in London at the Canary Wharf is the key success factor nearer to the major airports and the seaside resorts surrounded by stunning country side (Lehman,2007) The strategic aim of the hotel industry is to provide the optimum money value at the desired level of the satisfaction facilitating to the easy opportunity of the decision-making to the guests who are coming ion the hotel industry (Buidcon,2009) As the London is an international cit y in the world many guests are used to come here from the different parts of the world in order to enjoy the city of London with its greenery, atmosphere, surroundings – due to which there is a wide scope of the development of the Hospitality industry in this area in order to hospitalise the visitors in this country. As a result many hotel industries are the wide popular in this city used to earn the good source of the potential income and sales turnover. The Britannia International at the Canary Wharf is offering the extremely competitive rates in the combination with the flourishes decoration with the facilities including restaurant, health club, night club, bars and free wireless internet access. (Gary,2010) The hotel is situated on the waters edge next to the Canary Wharf, at the Docklands of the London in the internationally developed renowned office development, the hotel industry is fully modernised in the traditional culture having up to date facilities (Simson,2009) Modern style hotel located on the waterside in Londons docklands closed to Canary Wharf where there are many international businesses as well as large shopping centre , various restaurants and Bars (Gilston,2010) Literature Review Business Strategy of the Britannia hotel industry is purely of the functional and authoritative nature, Hotel industry is rationally divided in to four parts of the line of the organisational set up in which there are the functional departments are diversified as per the core area of the business management, Strategic planning of the hotel industry is made on the basis of the grouping of functions in to four imperative divisions they are the Operations, Human Resource, Marketing and Finance, Information Management section is the co-coordinator of all the departments which is involved in the transfer of the information with in the different active departments as a core functional chain in the business (Tandon,2007) Strategic Management of the hotel industry is having a dynamic and imperative weight in the international cities as per the depending of the nature and scope of activities , many guests and visitors are used to come in the city of London which has created an enormous beauty and scope of the activities of the hospitalisation in the city of London, different services are provided as per the capability and intensity of the hotel industry at the reasonable rates in order to achieve an optimum level of the satisfaction from the customers, supplier power of the hotel industry is really is magnificent they are providing the restaurant, Bar, Kitchen, living and boarding facilities having 4 big halls for the conducting of events such as marriages, birth day parties, functions, meetings, ceremonies in which the area of the potentials of the hotel industry are based, recently they are planning to start the travel and tourism operations as their supportive area of activity to the core functional scheme which is the additional source of the revenue recognition (Rodrics,2010) Glance situation of the hotel industry at the magnified location is the measured strength of the hotel industry at the Canary Wharf , the increasing the number of the people with the large sco pe for the sale of the food items in the glorious location of the hotel industry are some of the ideal characteristics of the hotel industry giving the prominent scope of the development and hospitalisation (Small,2009) Intensity of the buyer towards the hotel industry is strategic and sound as they are willing to get the supreme level of the services with in the reasonable costs and achieving the enjoyment of the city of London, Docklands area near to sea shore is giving the glance opportunity of the business development to the Britannia international hotel industry at the higher rate of income with the global status and the exclusive customer support, they are having a stratified customer relationship management strategy in which functional scope of the CRM dimensions has been predicted through the norms of the customer identification , customer attraction, customer development and the customer retention (Philip,2008) The strategic Management of the Hospitality industry in London is the core activity of the management in which functional scope is administered as a tool of the resource management, Operational activities are coming under the day to day performances of the business and regular services to the guests who are coming in the hospitality industry in order to acquire services and potentialities for the earning of the higher revenue generation in the day to day operational management, Human resource strategy is the core activity of the functional management in which major concentration is given on the process of the recruitment and selection of the new candidates in the service so as to get completion of the business activities in the right strategic order and at the right time with in the reasonable resources, Marketing Activities are the activities which are relating to the development of the market through the making of the strategic relationships with the customers and attracting them in the shoes of the customer in order to develop and expand the business activities, Finance department is involved in the strategic financial operations including the accounting , internal audits, finance management, investments in the area of the business so as to maintain the liquidity and the cash management in the day to day business operations, Information Management department is the channelising information department in the business with the providing of the time to time information in the order to regulate the departmental activities in the business organisation (Shardul,2010) Discussion The strategic report is discussing on the management policy of the Britannia International Hotel industry. In the international city of London the wide scope is available for the hospitalisation sector as many visitors are used to come here from the different parts of the world in order to pursue their education, jobs, picnics and visits, living. In due course of the same there is a wide scope available for the development of the hospitality industry in this city to entertain the visitors . There is a wide scope of the strategic management in the hotel industry so as to administer the group of activities in the business management policy of the hospitalisation. Business strategy has been constructed as per the model guideline of the core hospitalisation. Hotel industry is using the effective and efficient Customer Relationship Management strategy in order to make the long lasting relations with the guests, visitors in the shoes of their customers . The strategy of the Customer Relati onship Management has been constructed in the view of the implementation of the efficient and effective CRM dimensions of the customer identification, attraction, retention and development to make the expansion of the business activities to capture the wider segment of the market. Market development strategies used to be formed with the using of the effective marketing communication techniques such as advertising and publicity , sales promotions, direct marketing , public relations and personal selling which will be helpful to develop the good communication system of the hotel with the creating of the Goodwill in the business. Business strategy of the Britannia international is constructed as per the ideal divisions of the functional activities in the four major departments specifying the executive strategy of the hospitality operations. Critical Analysis Strategic Management policy of the Britannia hotel industry is a constructive idea of the operational profile in which there is a wide scope available for the coverage of the functional area of activities. The strategic idea of the functional approach of the management policy is depending on the availability of the strategic factors which are in the support of the management and get inverse with the management. Following are the SWOT analysis are focusing on the internal and external factors of the hotel industry – a) Strengths Glance location of the hotel industry in the midlands nearer of the dockland airport is facilitating the visitors to take stay in the hotel. Availability of the feasible facilities including the air conditioned rooms, lodging and boarding, Restaurants, Bar,Kithen are all giving the strengths of the business. Staff operations are commensurate to the strategic development of activities , with the expertises of the staff and availability of the potential capacity of the labour services. Availability of the tourism operations is creating an additional constructive strength of the business . The scope of the information management department is to handle the ideal activities of the marketing function through the implementation of the different strategic marketing techniques. Availability of full fledged well furnished rooms , with the big halls for the events, ideal structure of the hotel set up is an added advantage. b) Weaknesses – No scope for the parking facility of the vehicles in the surrounding area of the hotel industry. Increasing the rate of the labour turnover in the business with the improper workforce management activities. There is a serious increases in the budgeted expenditures of the hotel industry in due course of the increasing the labour turnover of the business. Reduction in the profitability of the business over the period of time is affecting on the performance level of the hotel industry. Increasing in the costs expenditures will commensurate to the revenue recognition from the day to day operational control of the business. c) Opportunities – There is a greater scope available for the hospitalisation in the area of Canary Wharf. As London is one of the international city in the world many visitors are used to come here for the visits , picnic, education,travel,living,jobs. So that there is a wide scope of the opportunities for the development of the business is available towards the international visitors. Performance level of the hospitality industry is at the optimum rank , further there is a wide scope of the development to increase the level of the performance of the business with the employment of the skilled, efficient labour in the day to day business operations. Level of the business management can be used as a basis of the chanelising the information management function in order to acquire the objectives of the business. d) Threats – As the London is an international city in the world, many spectators are used to come here from the different parts of the world. It is therefore there is a wide scope for the development of the Hospitality industry in this area. The scope of the Hospitalisation is quite more in this city of London. Due to which many hotel industries are used to operate in this city to entertain the globalise visitors, guests. It is leading to the emergence of the different hotel industries. Hotel Hilton Metropolitan, Hotel Syon Park, Hotel Chariot Mirror are some of the leading hotel industries in the city competing the Britannia International. SWOT analysis is pertaining to the focus on the internal and external business environment which shows an exact picture of the hotel industry in a strategic manner. In depth focus further can be made in the business activities through the applications of the tool of the Porters five forces – Supplier Power – It is the creative idea of the different facilities offered by the Britannia hotel industry in the hospitalisation. They are having Bar , Restaurant, Kitchen services , lodging and boarding facilities , full well furnished air conditioned rooms which are attracting the visitors in the hotel. At one time more than 100 of people can have stay in the hotel in the well furnished rooms. There is an optimum level of the food facility available for the guests and visitors. Bar services are more timely and co-efficient. Operational strategic management has been done based on the implementing the ideal strategy of the hospitality management and its core area of the knowledge. The Hotel industry is having the strategic supply power which can attract the large number of customers in order to increase the capacity sales. Buyer Power – This is the power of the buyer intensity in which study of the buyer behaviour has been conducted. Buyer power is created with the availability of the financial position of the buyer leading to increase in the level of consumption. Understanding of the buyer behaviour in the business is a strategic task of the assessing of the demand position in the current market. On the basis of which the supplier power can be built up in the day to day business operations. In every business intensity of the buyer capacity is playing a strategic role. As the Uk is in the recovery stage of the credit crunch situation in the market, it is leading to the increase in the level of the economy along with the employment opportunities in the business. With the help of that the earning potential capacity of the buyer is now upgrading leading to the increase in the level of consumption. Market Competition – There is a strategic competition in the market. As the London is an international city there is a major scope for the development of the Hospitality sector because people who are coming from the different parts of the world are need to have facility for their hospitalisation and care. In due course of which many hotel industries are used to operate in this city creating a challenging business environment for the hospitality industry. With the availability of the international Hotels such as Hilton Metropolitan, Syon Park, Mirror Chariot there is an ultimate reduction is felt in the business of the Britannia international. Threat of New Entrants – There is a serious threat of the new entrants who are coming in the market. As this city has a wider scope of the hospitalisation business in due course of the international visitors, the scope of the hotel industries has been increased in this area. For the entertaining of the guests, visitors there is a need of the new resraurants,hotels which ultimately had given rise to the commencing of the new hotel industry businesses , which can create a challenging threats for the Britannia International as the same quality food may be available at the more cheaper rates in the new hotels for the sake of the capturing of the market. Barriers to New Entrants There are the certain barriers are available in this country for the new hotel industries. Govt. Licensing is a challenging task which requires the many compliances of the documents and still no assurance of the sanctioning of the license. Another problem is of the capital funding as London is one of the costly city in the world , there are the many requisites are raised for the mobilisation of the capital and still there are the issues which are arising in the starting of the business. These are the serious challenging barriers to the new entrants. Findings It has been found on the basis of the strategic analysis that there are the different strategies and customs are applied in the business. The normative strategic planning of the business is based on the Porters generic scheme. a) Cost Leadership – There is a cost efficiency and effectiveness is maintained in the business which is leading to the maximisation of the profits. Quarterly budgets are prepared indicating the schedule of the expenditures and the actual performance is used to compare with that schedule in order to improve the strategic performance of the business. Executive cost control is maintained in the business as a strategic tool of the business. b) Focused – The ideal focus of the activities is based on the restaurant and lodging and boarding activities. In the restaurant the strategic activities which are focused are the kitchen services, Bar services, Operating services. In the lodging and boarding activities the ideal services are the well furnished rooms along with all the facilities of the toilets, bathrooms. c) Differentiation – With the continuing of the focused core area of activity of the business hotel industry is planning to develop the new activity of the Travelling and Tourism operations which will facilitate the additional source of income of the business as the supportive level of activity to grow the business in the Hospitality sector. Conclusion and Recommendation The Britannia international is one of the reputed hotel industry in London having its strategic significance all over the world. Wide scope of the business with the glance opportunity is available for the expansion and development for the hotel industries. The Britannia hotel is having the imperative strength of the good supplier power , ideal resource management scheme which will be commensurate for the strategic management policy of the business. Good location of the hotel industry , facilities available are of the restaurant, bar , kitchen services , lodging and boarding services which are giving the scope for the business expansion and development. However, as the London is an international city in the world many spectators are used to come here for the travels, visits, education there is a wide scope of the development of the hospitality sector in order to catch the wide area of the business development. This is giving scope for the development of the many hospitality industries creating the market competition . Hotel Hilton, Hotel Syon Park, Hotel Passage to India are the hotels creating a challenging environment for the business. It is recommended to the hotel industry to give scope on the marketing communication techniques of the sales promotions and direct marketing in order to grow and expand the business. In the sales promotions focus can be on the giving of the different attractive discounting offers which can catch the customers. In the direct marketing hotel industry can use the strategic technique of the e-mail communications system to contact directly with the customers.

Southern Culture :: essays research papers

Southern Culture   Ã‚  Ã‚  Ã‚  Ã‚  What is Southern Culture? Southern culture is made up of three main things. The South is known for its hospitality, language and food. Southern culture is like no other culture in the world.   Ã‚  Ã‚  Ã‚  Ã‚  Southern hospitality is the best in the world. People that live in the South are very nice and are always willing to help another person in any way they can. If someone is from out of town and needs directions to a certain place southerners will make sure he or she knows how to get there before he or she leaves them. Southerners are very polite. Every time we pass someone on the rode, we are going to wave at him or her. Towns in the South have fewer people and everyone knows everyone. The people in the South are nicer than anywhere else in the United States.   Ã‚  Ã‚  Ã‚  Ã‚  Language in the South varies according to which area someone is in and what the person’s ethnic background is. Most white people that live in the South have a country draw in their accent or talk very proper. Most black people in the South talk using Ebonics or are really proper, but some do have a draw in their accent. The other ethnic groups talk in their native language or in English with a distinct accent associated with their ethnicity. If one is in Southern Louisiana their accent will be Cajun. The language in the South is alike in most places according to the person’s race except in Southern Louisiana.   Ã‚  Ã‚  Ã‚  Ã‚   The South’s food is like no other places. The South's food has lots of spices in it and gives the food a wonderful flavor and most places food is bland. People in the South cook fried foods, seafood, and Cajun style foods. . The South has many dishes it is famous for crawfish, gumbo, fried chicken, and boudain.

Persuasive Speech Eating Healthy with a College Lifestyle Essay

Specific Purpose: To inform the audience how to make nutritious eating choices when you’re strapped for time and on the move. Central Idea: Packing a lunch, choosing a restaurant and meal wisely, and keeping nutritious snacks available can all provide for nutritious eating habits even with an on the-go college lifestyle. Introduction: I. The average college student is often pressed for time. A. As a student are you typically under a lot of stress? B. Do you often find yourself eating on the go? II. I myself am a college student and find it difficult to avoid bad habits like skipping meals or frequently visiting fast food restaurants. III. But eating a healthy diet can help you feel better, cope with stress, and perform better in the classroom and on the athletic field. It really isn’t that hard to get started. IV. Packing a lunch, choosing a restaurant and meal wisely, and keeping nutritious snacks available can all provide for nutritious eating habits even with an on-the-go college lifestyle. (Transition: Let’s start by looking at packing your own lunch.) Body: I. Packing or preparing a lunch can really be a great way to start eating healthier. A. You have healthier options to choose from than you would eating out. B. As explained in the article â€Å"Coffee, Lunch Spending Tops Tax Refunds† packing a lunch is usually less expensive than eating out. The average spent on lunch alone is $37 a week, or $2,000 a year. C. Many convenient options available so you don’t have to have a peanut butter and jelly sandwich everyday. 1. If you love sandwiches, use a variety of whole-grain breads, pitas, and wraps. 2. Extra food from dinner make great leftovers to bring for lunch, expert Connie Diekman, RD, president of the American Dietetic Association suggests â€Å"Leftovers are the perfect food to pack and take for lunch because you can control the portions and calories in the meal to ensure it will be nutritious, filling and delicious.† 3. Produce that can be cut, bagged and stored until lunch time: carrots, celery, cucumber, cherry tomatoes, sweet red pepper, sugar snap peas, apples, blueberries, grapes and melon. D. Bagged lunches can be  prepared the night before and can be made in a few minutes. for convenience so it is easy to eat healthy. (Transition: Going out for lunch is a common way to meet up with friends.) II. Making healthful and delicious choices in restaurants is also easier today. A. Restaurants are incorporating healthier choices into their menus with more options in portion sizes, preparation methods and menu items. 1. Choose a small or medium portion. This includes main dishes, side dishes, and beverages. 2. Order steamed, grilled, or broiled dishes instead of those that are fried or sautà ©ed. 3. Ask for whole-wheat bread for sandwiches. 4. As a beverage choice, ask for water instead of soda. One 20-ounce can of soda has approximately 22 packets of sugar. (â€Å"How Much Sugar Is In One Can Of Soda†) B. You can easily choose healthier items on the menu. 1. Ask them to hold the mayo and other fattening sauces. A tablespoon of regular mayonnaise has almost 100 calories! 2. Many fast-food chains now offer healthy sides in place of French fries. Take the healthy option. Even though they are made from potatoes, which are technically a vegetable, these are the biggest offenders. They are deep fried to the point of removing all nutritional value. In the opinion of physician Dr. Mercola French fries are one of the top 5 absolute worst foods you can’t eat. C. More and more restaurants are appealing to the demand for healthier menus. 1. Subway and other deli-style fast-food chains where you can order a sub or sandwich on whole wheat bread or a wrap, a lower-fat and lower-calorie option than fried food. 2. Between the breakfast and lunch menus, there’s only one entrà ©e at Chick-Fil-A that breaks 500 calories, and that’s the 530-calorie Sausage Biscuit. Chick-Fil-A received the highest rating fast-food restaurant in the â€Å"Eat This Not That! Restaurant Survival Guide,† by David Zinczenko. (Transition: Now that we have looked at bagged lunches and eating-out, let’s turn to snacking healthy.) III. Keeping healthy snacks easily accessible keeps hunger away. A. Make  it a habit to eat a piece of fruit, a bowl of cereal, or some low-fat yogurt before you set out to run errands. Regular eating can help you feel full and avoid temptation B. Blend a fruit smoothie or drink to take with you on your commute. C. Stock your car with bottled water and healthy snacks. Have a small snack before the cravings hit and you’re less likely to pull into that drive-through fast-food outlet. Conclusion: I. As we have seen, there are several options for eating healthy on the go. II. I have focused on packing a lunch, choosing a restaurant and meal wisely, and nutritious snacks. III. Healthy eating habits living a busy college lifestyle is possible with these points in mind. Bibliography: David, Zinczenko. Eat This Not That! Restaurant Survival Guide. Emmaus, PA: Rodale, 2010. Print. Kim, Susanna. â€Å"Coffee, Lunch Spending Tops Tax Refunds.† ABC News. ABC News Network, 23 Jan. 2012. Web. 07 Jan. 2013. â€Å"How Much Sugar Is in One Can of Soda?† How Much Sugar Is in One Can of Soda? N.p., n.d. Web. 07 Jan. 2013. Mercola, Joseph. â€Å"The Five Absolute Worst Foods You Can Eat.† Mercola.com. N.p., 18 Oct. 2003. Web. 07 Jan. 2013 Adams, Mike. â€Å"Five Appetite Control Foods That Suppress Cravings without Adding Calories.† Five Appetite Control Foods That Suppress Cravings without Adding Calories. Natural News Network, 20 Jan. 2005. Web. 07 Jan. 2013.

Strategies for Teaching Writing to Elementary Students

Strategies for Teaching Writing to Elementary Students One of our most important tasks has is to introduce their young students to the written language and how to use it creatively and effectively in order to communicate. Whether you teach primary or upper elementary grades, your administrator is counting on you to teach your students to quantifiably improve in writing this school year. Here are a few effective teaching strategies to try out in your classroom implement a few or try them all. 1. Writing Instruction Doesnt Have To Be Intimidating   For You Or The Students Many educators find teaching writing a real challenge. Sure there are all the rules of grammar and punctuation, but outside of those boundaries, there are as many stories to be told as there are people in the world. How do we corral our students enthusiasm and creative minds so that their writing is coherent, engaging, and purposeful? 2. A Strong Beginning Is Crucial Then Move Onto The Basics Start by teaching your students how to write a strong beginning to their stories. With this skill in hand, your students will then be ready to learn about the importance of word choice and avoiding boring, flat, overused words. 3. More Advanced Descriptive Techniques Dont Have To Be Hard To Teach Even the youngest elementary school students will enjoy trying their hand at tongue twisters. And what do tongue twisters have to do with writing? Well, its an easy way to introduce the concept of alliteration. Achoo! Slam! Kaboom! Not only do children love sound effects, but they come to the classroom with a strong familiarity with this subject. Sound effects add power and imagery to writing, and not to mention its easy to teach students how to appropriately use this skill to kick their writing up a notch. 4. Writing Applications You Might Not Have Considered Obviously, writing enters into all aspects of human life, especially nowadays in the age of the Internet and email. Use a pen pal program to teach your students how to effectively communicate with their peers in letter format. Its an invaluable skill and a dying art. Or, try practice letter-writing and compile weekly parent newsletters all in one fell swoop! Thats another time-saver that practices writing skills at the same time. Another important aspect of language arts is oral communication and listening skills. Through this easy and fun impromptu speeches lesson, your students will write a speech, perform it out loud, and practice listening to each other. 5. A Well-Rounded Writing Curriculum Is Within Your Grasp These real life, classroom-tested  writing lessons  are proven, fun, and easy-to-implement. With practice and diligence, you will watch your students writing soar and improve daily. Edited by  Janelle Cox

How to Safely Remove Photos From Sticky Photo Albums

How to Safely Remove Photos From Sticky Photo Albums Many of us are in possession of one or more magnetic photo albums. These albums, which first achieved popularity in the 1960s and 70s, were made from a thick paper stock coated with glue strips and included a thick Mylar plastic covering for each page. Conservators have discovered, however, that the glue used in those albums had a very high acidic content which can eat through the backs of the photographs. The Mylar plastic seals in the acidic fumes, causing deterioration to the image side of the photos as well. In some cases, the plastic covering used wasnt even Mylar, but PVC (Poly-Vinyl Chloride), a plastic which further accelerates deterioration. If you do own one of these older magnetic photo albums full of precious family pictures then I advise you to do something NOW to try and prevent further deterioration. Begin by gently trying to peel up the corner of a photo that doesnt mean a lot to you. If it doesnt come up easily, then STOP. You will only end up ruining the picture. Instead, try one of these tips for removing the photos. Tips for Removing Photos From Old Sticky Albums Dental floss can work wonders. Use a piece of unwaxed dental floss and run it between the picture and the album page with a gentle sawing motion. This how to remove photos from a sticky album video, from Smithsonian Archives Conservationist Fellow Anna, demonstrates the technique.Un-du, a product commonly used by scrapbookers, is an adhesive remover that may help safely remove the photos. It comes with an attached tool to help you get the Un-du solution safely under the photo to help release it. It is safe for use on the back of the photos, but be careful not to get it on the images themselves. Valerie Craft demonstrates the use of a microspatula and UnDu as a method for removing stuck photographs in this video.Slide a thin metal spatula (a micro spatula is preferred) gently under the edge of a photo and then use a hairdryer to heat the spatula as you slide it slowly under the photo. This may heat the glue enough to help you remove the photo safely from the album. Be careful to keep the hairdryer pointed away from the photo itself. This video from Hummies World Digital Scrapbooking Tutorials demonstrates the hairdryer technique. Try putting the album in the freezer for a few minutes. This can make the glue brittle and make it easier to remove the photos. Be careful not to leave the album in for too long, however, as it may cause condensation to build ​upon the photos as the album comes back to room temperature.Some photo experts recommend using the microwave to try and loosen the adhesive. Place a page into a microwave oven and turn it on for five seconds.  Wait five to ten seconds and then turn it on for another five seconds.   Follow this procedure for several cycles - being careful to check the adhesive each time.   Do NOT try to hurry the process and turn on the microwave  for thirty seconds, or the glue will become so hot it will probably burn the print.  Once the glue is dissolved, then you can try again to lift up the corner of one of the photos or try the dental floss trick. If the photos still dont come out easily, then dont force them! If the photos are very precious, then take them to one of the self-help photo kiosks, or use a digital camera or digital flatbed scanner to make copies of the photos right on the album page. You can also have a photo store make negatives from the photos, but this can be more expensive. To prevent further deterioration, remove the Mylar or plastic sleeves and insert pieces of acid-free tissue between the pages instead. This will keep the photos from touching each other or the remaining glue. You should also be aware that any or all of these techniques may damage any writing which may exist on the back of the photos. Experiment first with the photos which mean the least to you and see what works best for your particular album and photos.

The death penalty and its violation of the Eighth Amendment of the US Research Paper

The death penalty and its violation of the Eighth Amendment of the US Constitution - Research Paper Example As a form of punishment, some justice systems death penalty punishes a collective number of capital offenders who are guilty. Whereas, the definition of capital offenders differs, many offenders who are guilty of taking the life of others fall into the category of capital offenders. Despite that fact that capital offenders attract capital judgment decisions such as the death penalty, there are strong arguments that people have raised against this practice. Some people view that the death penalty is barbaric, expensive, and executed in an arbitrary way. Some people also cite death penalty as a cause of psychological burden to the executers, prone to errors, and a mark of death and not life. Death penalty also causes sorrow to the families of victims, create unfairness, and fails as deterrence. With better ways of punishing capital offenders, there are many reasons justice systems should stop practicing death penalty, but employ other humane alternatives. Discussion Death penalty is a barbaric act of punishing capital offenders as compared to other options like life imprisonment (Banner 169). The practice of the death penalty is a cruel form of ending the life of capital offenders, because justice systems take their life with no thought about it. Today, it is true that the death penalty has evolved from severe brutality to more decent forms of taking the life of those sentenced to death. However, that notion that justice systems can end the life of a capital offender makes the practice brutal and barbaric. Some decades ago, this practice was a key attraction for all people in society, particular those who were interested in seeing others being shot or hanged. Despite the public attention to such events, the practice still displays the brutality that offenders receive when justice systems subjects them to this practice. With the society embracing a peaceful society where brutality is outdated, there are many reasons why justice systems should abolish the death pen alty. Indeed, the end of the death penalty will indicate the lack of brutality in justice systems and a willingness to end brutal indicates an approach aimed at providing justice. The practice of the death penalty cost justice systems needs a lot of money as compared to other forms of punishments (Ann 7). Justice systems that practice the death penalty always follow a long and stringent process to verify that suspects for capital crimes are genuinely guilty or not. The process of determining whether capital offenders are guilty or not often takes a long time and involves many jurors or lawyers working on the case. As a result, the entire process become expansive and a significant vote head that requires excessive fund (Pojman and Reiman 62). The cost of delivering capital punishment is a source of the extra burden to justice systems that may be grappling with limited funds to address their needs (Death Row in Pennsylvania 14). With more States looking for ways of saving on cost, end ing capital punishments remains as one of the best options to reduce the cost of this capital punishment. In addition, ending capital punishment will also reduce the cost that families of offenders who have to contend with while hoping for the release of the loved ones Death penalty is a significant cause of psychological burden that

Historical Essay Example | Topics and Well Written Essays - 250 words

Historical - Essay Example The evidence of this is in the effect of the cultural integration into the original arts of these communities. Before the arrival of Babylonians and Assyrians, Sumerian art was mainly based on clay writings. Their original art, cuneiform writing, involved writing on clay, metal, or wood using a stylus shaped like a wedge. Sumerians used cuneiform to write or draw their most important cultural and religious figures mainly the gods and goddesses. The cuneiforms mainly represented objects and was not used for scholarly purposes in the original form. Diagram 1 below shows an example of a female head carved in limestone and wood. However, when the Babylonians arrived, they introduced their culture to the Sumerians. The effect of this was the Babylonian cultural influence on original Sumerian art. Sumerian art started featuring war themes, which was not common before the arrival of the Babylonians. The Babylonian culture influenced the original art of the Sumerians by introducing concepts of war. As illustrated in diagram 2 below, Inanna-Ishtar represents this cultural influence on original Sumerian art. The art sculpture combines the original elements of Sumerian art (goddess of fertility) and the Babylonian war culture (semitic goddess of