Ethics Training Is Becoming An Increasingly Popular Trend

INTRODUCTION In almost each and every organization there are many problems that are existing and are being faced by the employees of those organizations as well as organizations. Diversity is one of those problems, diverse workplace is made up of employees of different races, genders, abilities, ages and cultural differences. A company that lacks diversity often experiences deterioration of employee morale, a drop in productivity and a flat-lining bottom line. Maintaining diversity and ethics practices is important to most small businesses who want to gain the loyalty of employees and trust of consumers. According to Joshua Joseph of the Ethics Resource Centre, ethics training is becoming an increasingly popular trend in business, helping†¦show more content†¦Because of this, each one of us brings something different to the table. We each bring a different set of skills, knowledge, and experience that makes up the diversity of us all. It s in this diversity that we can flourish as a comp any. (Wink 1-4) With diversity on its side, a company stands a better chance at finding working solutions and in less time. Not only does a variety of experience and background provide a vast array of knowledge and skills, but it also sparks creativity among those involved. The creativity is sparked by those taking part in the setting of diversity itself, not only supplying their own unique slice of diversity but discovering inspiration from others around them. (Wink 1-4) This creates a brand new diversity in itself and adds to that which is already diverse. In our workplaces, most of us would accept cultural diversity as part of everyday life. If we were to think though about why embracing or being explicit about celebrating diversity matters, I think we can put it in the following terms: it is about capturing talent, it is about boosting innovation, it is about encouraging productivity. Let’s think about what the future Australian workforce is going to look like. If we are talking about a country that still takes in a significant number of immigrants every year, where almost half that population is first or second generation, then this diversity isn’t likely to

Outraged, Dictated and Dishonored - 680 Words

Outraged, Dictated and Dishonored. This was the state of two young blood Pakistanis, stranded under the dominion of a suppressive leader. Unable to curtain their love for music and the torment of living under despotism, they lay off on a journey that broke all barriers of oppression and hate. Developing into the greatest rock band the world has ever seen. The most significant conflict in the universe right at present may not be between radical Islam and the West but between Islam and itself. Moderates and extremists are vying for influence and power in this ancient tradition, and perhaps nowhere is that struggle more evident, than in my opinion, it is in Pakistan. Pakistan, known as an Islamic country was torn aside by the stresses of modernity and fundamentalism. Mullahs living in this country consider themselves truly religious and they feel that other people should share their views and religion. Moreover, they also criticized music as harmful to religion and at the same time it i s disallowed in Islam. In the name of faith, they have created this confusion between what is cultural and what is spiritual. In the thick of this maelstrom, a band named Junnon was formed. Not alone did they just write and do random songs, but also raised both spiritual and social questions through their songs. They have managed to transcend politics, culture and religion all through the help of music. Breaking backward in history, during Zia-UL-Haq’s presidential period, being an artist or

Why I Like Beethoven Free Essays

Why I Like Beethoven! Why I Like Beethoven! I like Beethoven so much because he is a very great pianist and I love his music. He wrote songs for the piano, viola and violin. I really like his songs because they are defined with great beauty and I really like playing them. We will write a custom essay sample on Why I Like Beethoven or any similar topic only for you Order Now For example, Fur Elise is a beautiful song with a soft flowing sequence but with a fast strong section as well. I also like him because he is very persistent. Even though he went deaf at only the age of 22 yet he still went on to write more music. It would be such a hard experience to go through and still play and write music even though he couldn’t hear anything. People had to communicate with him by writing letters to him as he could not lip read and no one could do sign language so that was how he could talk to people. It would have been so hard to manage. Another thing I really liked about him was that he didn’t let anyone control his music. In that time musicians would ask people what music they would like them to play and write music to them. Beethoven didn’t do this he just wrote music to his own free will regardless of what anyone else thought. Altogether Beethoven was a brilliant musician. His music is written beautifully, even though he went deaf he remained competent to still write and play music and he was true to his music and didn’t let anyone control what he wrote. He was one of the best musicians that ever lived. How to cite Why I Like Beethoven, Papers

Global Transfer Pricing Management Accounting

Question: Discuss about the Global Transfer Pricing for Management Accounting. Answer: Introduction: The term transfer pricing is the method of selling the product from one department or from one subsidiary to another within the same company. It has an affect over the behaviour of the purchase of the subsidiaries (Accounting tools, 2016). When it comes to the setting of the minimum price to be charged from the other department of the same entity, it is always better to consider the same form the point of view of the department that is selling the product. The minimum price that should be charged is the following: Marginal cost + opportunity cost. The opportunity cost is the value of the value of the next best alternative that is left out when a particular course of action has been undertaken. Suppose if the division cleaning and scrapping was to sell its product Cruden in the outside market, then it would have earned the profit of $ 65 (95-18-12-30 (40*75%) -5) but it is selling Cruden to the processing division at $77 which may not be profitable for the entity when the entire profits are being combined. But in case, processing department purchases Cruden from outside market, then the company in total would earn the profit of $70. The following are the workings for the same: If sold within the company In case, Cleaning and scrapping sells in the outside market If sold at cost Particulars Cleaning and scrapping division Processing division Cleaning and scrapping division Processing division Cleaning and scrapping division Processing division Transfer pricing from Cleaning and scrapping 77.00 95.00 60.00 Direct material 18.00 5.00 18.00 5.00 18.00 5.00 Direct labour 12.00 10.00 12.00 10.00 12.00 10.00 Manufacturing overhead 30.00 15.00 30.00 15.00 30.00 15.00 Selling 5.00 Total costs 60.00 107.00 65.00 125.00 60.00 90.00 Selling price 77.00 160.00 95.00 160.00 60.00 160.00 Profit from the department 17.00 53.00 30.00 35.00 - 70.00 Profit of the company (combined) 70.00 65.00 70.00 Less: fixed costs 10 10 10 Profit of the company (combined) 60.00 55.00 60.00 Though the profit amount under the case 1 and 3 comes out to be the same, but the most reasonable way of exchanging the products within the departments is the selling them at cost plus mark up since the department is foregoing some value if it is selling the product to the other department within the same company (Acca global, 2016). Plus, the transfer price is calculated at the variable cost that has been incurred by the department since the fixed cost is fixed in nature and they would be incurred no matter what. This fixed cost portion would now become the variable cost for the other department (Processing division in the given case) since the profits derived from each of the department would be combined. Since, the fixed cost of one division becomes the variable cost of the other, the division performance based on the transfer price is not right. References: Accountingtools.com. (2016).Transfer Pricing - AccountingTools. [online] Available at: https://www.accountingtools.com/transfer-pricing [Accessed 14 Sep. 2016]. https://www.accaglobal.com, A. (2016).Transfer pricing | F5 Performance Management | ACCA Qualification | Students | ACCA Global | ACCA Global. [online] Accaglobal.com. Available at: https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f5/technical-articles/trans-pricing.html [Accessed 14 Sep. 2016].