Friday, May 15, 2020

Business Ethics and Csr in the Context of Samsung

BUSINESS ETHICS AND CSR IN THE CONTEXT OF SAMSUNG ELECTRONICS 1.0 Introduction In the 21st century of business, there are number of factors apart from the financial figures that play a vital role for the success story of the business corporations. These factors include the culture adopted by the business, philosophy of the management of the company, code of ethics and standards followed by business. The presence of all of these factors in the business’s ethical guidelines has a significant impact on the ability of the business organisations to perform well on the long term basis. In this report the Samsung Electronics’ ethical issues are studied along with the importance of the business ethics and Corporate Social†¦show more content†¦It is primarily a code of conduct which is based on the ethical and civic values so as to safeguard the interests of the different social groups like customers, workforces, creditors and management etc. Moreover it also provide the charter of the business activities which are required to perform voluntarily on the part of the business responsibility (Akrani, 2011). On the basis of attached case study which is about the Samsung Company, where it admits that the phones of Samsung may contain tin from area mined by children, It is observed that earlier Samsung company was not addressing towards the code of conducts of the business but at a later stage when it come to know about the actual shocking impact of mining tin for electronics on people as well as on environment then Samsung company takes a responsibility to tackle this issue (Hodal, 2013). According to this case study the meaning of business ethics can be viewed as moral code of business obligation where it is the prime responsibility of the business man that he will not make harm to the society as well as to environment perceptively. 2.1 The Importance of Business Ethics Business ethics play a very important role to achieve the goals and objectives of an organisation. The reason why business ethics is important in this era of global market is that it has a direct impact on communities and ultimately the sound ethical standards will lead the businessesShow MoreRelatedCase 1 Fordlandia2871 Words   |  12 Pages OVERVIEW OF FIRST 2 CASE STUDY SESSIONS †¢ Fordlandia – CSR in an international context – Integration-Responsiveness framework – Integrated Social Contract theory †¢ Sialkot – Child labour as a CSR challenge – Stakeholder theory – CSR in the context of global governance †¢ Learning objectives – To reflect on the context-specific nature of sustainability – To discuss CSR in the context of international development – To appreciate international CSR as a complex management challenge Titre du documentRead MoreFacts and Figures: Apple Inc5365 Words   |  22 Pagescurrently has a 29.6% market share. This is second to Googles 47.3%, and ahead of #3 Blackberry (Whitney, 2012). However, there are major companies entering the market, because they have the resources and can see the value of being in the mobile business. Companies like Microsoft and Nokia (Symbian) are already in the market. That said, applications are a major source of competitive advantage in this industry because they are key to the user experience. This creates a barrier to entry based on scaleRead MoreCompetitive Forces for the Iphone5604 Words   |  23 Pagesmarket influence, and product offerings, such as LG, Samsung, Nokia, and Blackberry by RMM vigorously manufacture series of touch screens phone to compete with each other in this industry. Moreover the alliance of Apple together with ATT, brought along a new distribution trend that is now being adopted by many cell phone providers to compe te in the industry. Among many competitors, which called themselves the â€Å"iPhone Killer† are the Samsung Instinct by Sprint, Blackberry storm by Verizon, The LGRead MoreComment on How Changes in Macro and Market Environment Forces Impact on the Level of Competition in an Industry.18606 Words   |  75 Pages PART 2 Marketing Analysis 3 4 5 6 7 8 The marketing environment Understanding consumer behaviour Understanding organizational buying behaviour Understanding marketing ethics and corporate social responsibility Marketing research and information systems Market segmentation and positioning 72 108 145 180 216 259 CHAPTER â€Å" Change is the only constant. 3 1 2 3 4 5 A. TOFFLER † The marketing environment LEARNING OBJECTIVES After reading this chapter, you should be able to: describeRead MoreInternational Management67196 Words   |  269 PagesManagement Culture, Strategy, and Behavior Eighth Edition Fred Luthans University of Nebraska–Lincoln Jonathan P. Doh Villanova University INTERNATIONAL MANAGEMENT: CULTURE, STRATEGY, AND BEHAVIOR, EIGHTH EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright  © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions  © 2009, 2006, and 2003. No part of this publication may be reproducedRead MoreStrategic Management: HM and Zara14590 Words   |  59 PagesSAVONIA UNIVERSITY OF APPLIED SCIENCES UNIT OF BUSINESS AND ADMINISTRATION, KUOPIO THE IMPORTANCE OF STRATEGIC MANAGEMENT A case study of HM Ding Huiru Business Administration Bachelor’s thesis International Business April 2011 2 SAVONIA UNIVERSITY OF APPLIED SCIENCES SAVONIA BUSINESS Degree Programme, option International Business Author(s) Ding Huiru Title of study The importance of strategic management, Case study of HM Type of project Date Pages Thesis 27.4.2011 59+12 Supervisor(s)Read MoreHbr When Your Core Business Is Dying74686 Words   |  299 PagesTOP-TEAM POLITICS†¦page 90 WHEN YOUR CORE BUSINESS IS DYING†¦page 66 Y GE SE PA IN DS CK R M WA A 53 www.hbr.org April 2007 58 What Your Leader Expects of You Larry Bossidy 66 Finding Your Next Core Business Chris Zook 78 Promise-Based Management: The Essence of Execution Donald N. Sull and Charles Spinosa 90 The Leadership Team: Complementary Strengths or Conï ¬â€šicting Agendas? Stephen A. Miles and Michael D. Watkins 100 Avoiding Integrity Land Mines BenRead Morepaul hoang answers72561 Words   |  291 Pages © Paul Hoang and IBID Press    1 Business Management – Answer Book Important message from the author Dear Colleagues, Thank you for purchasing my textbook and for the encouraging words that many of you have passed on from around the world. In the final installment, I have put together answers/solutions to all 217 case studies. I hope you will find these solutions as a useful starting point. As with all BM mark schemes, the solutions in this Answer Book should be used with cautionRead MoreCase Study148348 Words   |  594 PagesStudent Work Assignments Case Study Teaching Notes 6 7 8 8 12 19 20 25 27 27 28 28 29 Chapters 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Introducing Strategy The Environment Strategic Capabilities Strategic Purpose Culture and Strategy Business Strategy Corporate Strategy and Diversification International Strategy Innovation and Entrepreneurship Mergers, Acquisitions and Alliances Evaluating Strategies Strategy Development Processes Organising for Success Leadership and Strategic ChangeRead MoreMarketing Management130471 Words   |  522 Pages Introduction 2. Learning Objectives 3. Marketing Management 3.1. Evolution of marketing management 3.2. The Role of Marketing 3.3. Marketing concepts 3.4. The Marketing Mix (The 4 P s Of Marketing) 3.5. Corporate Social Responsibility (CSR) and Ethics in Marketing 4. Have you understood type questions 5. Summary 6. Exercises 7. References 1. INTRODUCTION: The apex body in United States of America for the Marketing functions, American Marketing Association (AMA) defines marketing as â€Å"Marketing

Wednesday, May 6, 2020

Should Same Sex Marriage Be Legalized - 1153 Words

â€Å"This explains why a man leaves his father and mother and is joined to his wife, and the two are united as one† (Genesis 2:24). Marriage is a covenant made between a man and a women. A promise they vow to never break. Today the world is filled with sin such as prostitution, sexual violence, premarital sex, and lust. God created sex to be enjoyed by a husband and wife. Just as God created marriage to be a vow between a man and a women. Same sex marriage denies a child the chance to have a mother or father, it violates natural laws, and if we allow same sex marriage to become glorified what will our world become? When people accept same sex marriage they are going against God and nature. Could you imagine your child coming home and wondering why everyone else has a mommy and daddy except them? In today s society same sex marriage is looked at as normal, but their is nothing normal about it. Children who grow up in same sex homes miss out on either a mother or a father. Mothers are known to be compassion and nurturing when a father is looked at to be the man in the house that provides, and is the backbone of the family. A father s guidance on a young man is something that you can not just read out of a book. The father teaches him how to raise his family how to be respectful and provide. Yes, it is rather outdated to say that women just should not work; however, women should not be the only provider in a family the father should be the one providing. When thinking of aShow MoreRelatedShould Same-Sex Marriages Be Legalized?. Same-Sex Marriages2063 Words   |  9 PagesShould Same-Sex Marriages Be Legalized? Same-sex marriages should be illegal because the increase of marriages with the same sex has aroused conflicts in society, affects on children, and religiously. Therefore one must halt the proposal. The history of homosexuality has a lot of stories to tell, however, the beginning of it all would begin shortly and oddly. On the Western contemporary concept of homosexuality would relatively currently be considered new during the day of time. Ideas of homosexualityRead MoreSame Sex Marriage Should Be Legalized . The Same Sex Marriage1723 Words   |  7 Pages Same sex marriage should be legalized The same sex marriage has been widely debated in many countries for a long time. It is an important issue because it concerns basic moral and human rights. People all over the world come to the United States in search of freedom and equality. Being able to marry anyone, no matter the gender, is a freedom of right, but if that freedom of right is taken away from people than there is no equality. Homosexual peopleRead MoreSame Sex Marriage Should Not Be Legalized926 Words   |  4 Pageshave misunderstood the meaning of marriage. Marriage is not just a term to describe relationship that are precious to us, it’s more than just a union of heart and mind; it’s an institution between a man and a women. biblically, marriage is a life time union of a man and a women, primarily for the purpose of building a family and providing a stable environments for that family (1 Corinthian 7:2 16) According to Peter Sprigg, same sex marriage should not be legalized because of its immediate and long-termRead MoreSame Sex Marriage Should Be Legalized1361 Words   |  6 PagesSame sex marriage has been the topic of an ongoing controversial debate in many countries for a long time now. This is an important issue because it concerns the basic principle of human rights and basic morality. Same sex marriage should be legalized; it is a violation of human rights, there are many misconceptions of same sex individuals, and allowing same sex marriage to be legalized would provide a boost to the economy. There are many misconceptions of homosexual people. A common myth is thatRead MoreSame Sex Marriage Should Not Be Legalized1562 Words   |  7 Pages~ Busse Same-Sex Debate Essay ~ Ever since the time when America studied family values and focused on healthy and important influences, marriage was considered to be between man and woman holding a physical and spiritual bond between each other, not between man and man and woman and woman. Some may see marriage as between two people of the same gender, or what is known as same-sex marriage. This form of marriage became popular in the U.S. during the 1960’s and 1970’s due to the urge of legalizationRead MoreSame Sex Marriage Should Be Legalized898 Words   |  4 Pages2015 same sex marriage was legalized in all fifty states. Many arguments have come around about if homosexuality is genetic or if its chosen. Many people think either way and there aren’t many people who are in between thinking that homosexuality is chosen or not. The song â€Å"Same Love† by Macklemore was released in 2015 when all of the media slowed down about homosexuality and after same sex marriage was legalize d. So when Macklemore released this song more attention came to same sex marriage. ThisRead MoreShould Same Sex Marriage Be Legalized?1372 Words   |  6 PagesThe â€Å"date which will live in infamy† just had a child! As of June 26, 2015, same-sex marriage was legalized in all 50 states of America by the Supreme Court from a ruling that barely passed by a 5-4 vote. Wait a minute. Back up. Do you mean to tell me that boys can marry boys now? That girls can marry girls? That it’s legal?! Wake up America! Do you even realize what you have done? You have given gay people the right to marry. To marry! Who in their right mind would give gay people that cherishedRead MoreShould Same Sex Marriage Be Legalized?945 Words   |  4 PagesShould Same-Sex Marriage Be Legalized? Regardless of color, ethnicity, culture or religion, marriage has been and always have considered to be a man and a woman. This concern has been a debating and a hot topic currently in the United States p olitics, it is prohibited in a majority of the nation till the President have pass the law for same-sex marriage. With this question, I feel that same sex marriage should not be legalized, but it cannot be banned. I sense that a marriage is intensely betweenRead MoreSame Sex Marriage Should Be Legalized972 Words   |  4 PagesSame sex couples have been waiting for same sex marriage to be legalized for many decades. According to Ken LaMance, â€Å"One of the first documented challenges to same-sex marriages occurred on May 18th, 1970, where two men applied for a marriage license in Heppenin County, Minnesota† (LaMance). Their request was denied because they felt marriage should be between a man and a woman. Civil Unions were the first step in legalizing same sex marriage. Civil Unions were introduced in 2000 in Vermont. CivilRead MoreSame Sex Marriage Should Be Legalized910 Words   |  4 PagesSame-sex marriages also know, as gay/ Lesbian marriage is marriage between peop le of the same sex either as a secular civil ceremony or in a religious setting. In the late 20th century. Religious rites of marriage without legal recognition became increasingly common. In the 21st centuries various types of the same-sex unions have come to be legalized. As of 26 June 2015, eighteen countries; Argentina, Belgium, Brazil, Canada, Denmark, France, Iceland, Luxembourg, the Netherlands, New Zealand, Norway

Tuesday, May 5, 2020

HR Capabilities for Information Security Systems

Question: Discuss about the Report of HR Capabilities for Information Security Systems. Answer: The purpose of this literature review is to identify and evaluate the key issues on Human Resource (HR) capabilities for Information Security Systems Development (IISD) within the United Arab Emirates (UAE). The report, therefore, discusses the types of research that predominate the field along with the research philosophy and methodology. The report further undertakes a review of relevant literature to understand the viewpoint of the previous researchers and scholars about the issues in this field i.e. issues on HR capabilities for IISD. The literature review also undertakes a critique of the arguments and their supporting evidence presented by various authors in order to compare and contrast their approach and identified issues. In addition, the report also presents how the literature review has helped in broadening the understanding of the subject area and its impact on the development of the research topic. Part A: Research types In order to identify or explore the issues on human resource capabilities for information security systems development within the United Arab Emirates, previous researchers have adopted qualitative as well as quantitative researches, albeit, qualitative research types primarily dominate this field of study. Additionally, case study methods are employed to identify the issues on the selected topic of study (Panneerselvam 2014). Research methodology Research methodology can be understood as a blueprint of the research and provides guidance and direction to the research work. It includes research approach, research design as well as data collection methodology used to undertake the research. Therefore, research methodology can be understood as means that helps in reaching a firm conclusion and achieving research objectives. As the objective of this research objective is to explore the issues on human resource capabilities for information security systems development within the United Arab Emirates, positivism theory, deductive methodology and descriptive design of research has been employed. Moreover, for the collection of data, both primary and secondary methods of data collection have been used; and for the collection of primary data, non-probabilistic sampling methods have been used (Mackey and Gass 2015). Research philosophy The purpose of this study is to explore the issues on human resource capabilities for information security systems development that can be better understood by adopting positivism research philosophy (Knobe and Nichols 2013). The positivism philosophy helps in establishing the relation between the factual knowledge gained through observation and empirical studies with the research objectives. Therefore, positivism philosophy would help in recognizing the issues related to HR capabilities for IISD within UAE. Part B: In the late 20th century, United Arab Emirates first experienced the effectiveness of the Information Technology in their local market. UAE has been able to adopt the technology to such an extent that bank reports, audit works, government working and business activities became highly dependent on the use of IT. However, at the same time UAE experienced a growing need for data security in order to prevent the human-made as well as natural hazards with respect to maintenance of business continuity as well as the security of international and national investments. It has been identified by various studies that human resource plays a great role with regard to maintaining the information security system within the organization. As stated by Yahya et al. (2016), there are several areas of human resource management, which actively contribute to strengthening the information security system of the organization. The importance of these areas is described below: Building capability: In the current competitive marketplace, the organizations in UAE have perceived that more strategic approach to information security is highly necessary against the ever-increasing threat in the cyber world. Hall et al. (2011) has successfully identified that in order to mitigate the risks, it is necessary to develop a strategically enhanced and organization-wide defensive approach. On the other hand, Ahmed et al. (2015) argued that there is no scope to focusing solely on information security system as the 70 percent of all fraudulent incident regarding IT sector is internal. In support of this fact, the IT manager of Abu Dhabi Security Market has expressed the vulnerability against constant cyber attack irrespective of the system advancement. The information security system team is bound to prepare an effective data recovery plan (DRP) in order for the business organizations to maintain the security and identify the opportunity for data recovery. According to (Bada et al. (2014), the understanding of the information security laws as well as regulations are highly imperative for the information security professionals to be aware of every nuance of cyber threat to the organizations. On the other note, Atoum et al. (2014) revealed that the professionals of information security need to grasp the idea of contemporary circumstances of information assets and risks. It enhances the flexibility of the professionals to respond to the immediate threat. In the same context, the perception of the program sources, as well as programming ability also, plays a crucial role with respect to developing the essential capability of the information security experts (Ahmed et al. 2015). The human resource in UAE mostly emphasized on recruiting most efficient and expert professionals in order to develop the information security team. Atoum et al. (2014) expressed that it is a highly proficient strategy for developing the organizational capabilities for fighting against the contemporary cyber attack. However, Clemente (2015) contradicted that as the technical means of attack are changing in a rapid fashion the personal and professional development program for the information security professionals would be crucial for maintaining their technical competencies. Matching individual and organizational expectations: It has been identified by Al-Awadi and Saidani (2010) that information security professionals are highly expected to maintain several core principles in order for the organizations to enhance the level of security. These principles are defined as confidentiality, integrity as well as availability. However, Al-Khouri et al. (2014) revealed that organizational expectations from the professionals are based on compliance with several security policies. These policies are ranged from organizational to issue-specific to system-specific. On the other note, Elbeltagi et al. (2013) disclosed that the majority of the information security professionals are highly inclined towards their career progression. Considering this particular fact, the human resource sector of UAE has concentrated on the initiating personal and professional development program for the information security professionals. This facility allows the experts to enhance their skill and abilities in the advanced technology application Vogel and Broer (2013). In various extensive studies, it has been observed that the continuous professional learning help the experts to anticipate as well respond well to the technical vulnerabilities. This particular strategy also benefits the employees, as they are able to enhance their abilities. On the contrary, Vacca (2013) stated that the already employed professionals lack necessary enthusiasm to continue with the personal as well as professional development program arranged by human resource department. In order to match the individual and organizational expectations, the human resource departments in UAE are immensely driven by several goals of information security governance. According to Lowry et al. (2015), the information security governance generally focuses on several crucial areas which are highly competent to maintain the amalgamation of individual and organizational expectations. These areas are strategic alignment, risk management, resource management, performance management as well as value delivery. Strategic Alignment: As per the study of Al-Khouri et al. (2014), it has been revealed that human resource departments need to ensure the understanding of benefits, policies, strategy, service levels as well as security costs in a transparent manner. On the same note, development of information security policies has been proved as a major factor. In addition to that, the information security policy, strategy as well as control framework has to be also communicated efficiently. On the other hand, Singh and Sharma (2015) disclosed that the security incidents must be defined in terms of business impact. The clear perception of the relation of IT resources as well as business impact risk will be essential for matching the individual and organizational expectations. Risk Management: Various IT firm in UAE must follow several goals in order to manage as well as mitigate the risks as well as potential impacts. The foremost goal is protecting all information assets along with reducing chances of security risk on the information asset. Ahmed et al. (2015) revealed that it could be conducted only by assessing the level of risk potentiality in a regular manner. However, contradicting the above statement Bada et al. (2014) argued that the organizations must restrict the access of sensitive data to authorized personnel. The IT continuity plan plays a major factor to mitigate the risk on information asset as well. Resource Management: Atoum et al. (2014) that the knowledge as well as the infrastructure of information security can be confirmed as most effective for matching the individual as well as organizational expectations have identified it. As every information security professional is inclined to receive appropriate acknowledgment for their capabilities, they would likely to appreciate their designation where they can explore their abilities. In the same context, the organizations will be benefitted they would not waste any resources, which will help them against the rising cyber threat. However, Clemente (2015) reveals that the organization must follow several core principles in order to maintain proper resource management, which are Maintaining integrity Avoiding and Recovering from error or deliberate threat Protecting all information assets Performance Management: In order to evaluate the performance of the information security professionals properly, the organizations need to work on several principles Lowry et al. (2015). The organizations must identify the individual incidents that have damaged the organizational reputation. Moreover, the systems those are not capable enough to meet the security requirement must be pointed out. The organizations also have to perceive the necessity of changing, removing as well as granting access. In addition to that, the organizations must focus on every dispute or mistake occurred in an overall security system in a crucial manner. Although, these responsibilities depend on the information security professionals, must be monitored by the organization as well. Value Delivery: As stated by Vogel and Broer (2013), the information security professionals must focus on initiating the security system that supports the objectives of the organizations. In order to deliver the value with optimal investment levels, the organization must ensure trustful information exchange as well as automated business transactions. The organization also need to availability as well as minimum interference of IT service. However, at the same time, the organizations also have to focus on minimizing the security vulnerabilities of the business impact Vacca (2013). Increasing security strength: In the absence of central national cyber security body, UAE organizations are highly vulnerable to the constant cyber threat (Forstenlechner et al. 2012). In order to reduce the cyber threat along with increasing the strength of information security, the organizations must focus on alternative options to develop a preventive approach. In this context, Marchon and Toledo (2014) identified that majority of the organizational firms have focused on developing a highly impressive education as well as a training system for the information security professionals. This approach is highly critical for enhancing the technical skills and abilities of the security experts so that they are able to response to any cyber threat. In the same context, it has also been observed that numerous business organizations have been focused on highly strict management practices within their organizations. The major focus of their business approach has been critical monitoring of every dispute and mistakes in t heir security system so that they can always be ready for any critical situation. However, Vassilopoulou et al. (2015) revealed that it is not sufficient for the organizations to focus only on the training program and management practice. There are several organizations who has taken the initiative to make a collaboration with the educational as well as research institutions to produce most efficient human resource workforce as well as greater technology. This way they organizations can effectively make a contingency plan for their future information security approach. Managing compensation expectation: As the information security is one of the most important elements of successful future for the organizations, the information security professionals are likely to expect an impressive remuneration for their service. According to Singh and Sharma (2015), the human resource department of various firms in UAE greatly recognize this fact and take proper action. The human resource department believes that proper compensation for their service will be a major tool to encourage them towards their task. It will motivate them to acquire highest job satisfaction so that they will be motivated to secure the information assets of the organization. However, Clemente (2015) contradicts that the rewarding on the basis of their performance appraisal are considered as the most popular mean of compensating the information security professionals. It will ensure a better effort from them to perform well in their task. Talent Management: The human resource departments in UAE are highly responsible for acquiring most talented workforce with respect to information security. According to Hall et al. (2011), they evaluate each and every candidate based on their skills, knowledge as well as experiences. As stated by Singh and Sharma (2015), the most talented workforce generally equates better performance of information security. In the same context, Singh. and Sharma (2015) commented that the human resource department needs to place every professional according to their own skills so that they will get a better scope for performing. Part C: With the advancement of technology, the importance of Information Security Development cannot be understated. Information Security Systems Development is highly important in order to ensure the quality and the efficiency of the service. Every form of official work and business activity has started getting dependent on IT. However, this also poses a serious threat to the question of data security. For this reason, recruitment of the very talented and highly skilled IT professionals has become necessary in UAE. I have come across critics claiming that in most of the situations, there is an internal threat to an IT database of an organization. However, it cannot be denied that external threats are equally malicious, and if an organization does not take steps, I believe it can lead to data theft, vandalism and even disruption of service. Since this may lead to a serious damage and subsequent loss of the financial position of an organization, the HR of the organization must play an important role in mitigating the risk of data theft, by recruiting the most deserving candidates. I think the HR primarily need to identify the source of threats to the IT database, and should accordingly frame security policy guidelines. Besides, recruiting the most qualified as well as experienced experts for the position of IT security professionals. I also think that if the professionals lack sufficient knowledge and understanding, the Cyber training programs for polishing their IT skills, is to be arranged by the HR department. Further, before an employee resigns from the organization, the HR must ensure that he has not stolen any sensitive data from the particular organization. Above all, the HR must ensure that the IT professionals receive sufficient employment benefits, including the salary, incentive, and other allowances, so that they do not leave the organization. Nearly 60% of employees steal data before they leave their jobs, and hence employee satisfaction plays an integral role in the information Security Systems Development in UAE. Reference List: Ahmed, A.M.M.B., Ramadan, M.Z. and Al Saghbini, H., 2015. Sustainable Improvement for United Arab Emirates' SMEs: A Proposed Approach.International Journal of Customer Relationship Marketing and Management (IJCRMM),6(3), pp.25-32. Al-Awadi, K. and Saidani, M., 2010,"Justifying the need for a data security management plan for the UAE", Information Management Computer Security, Vol. 18 Iss 3 pp. 173 184 Al-Khouri, A.M., Farmer, M. and Qadri, J., 2014. A government framework to address identity, trust and security in egovernment: The Case of UAE Identity Management Infrastructure.European Scientific Journal,10(10). Atoum, I., Otoom, A. and Abu Ali, A., 2014. A holistic cyber security implementation framework.Information Management Computer Security,22(3), pp.251-264. Bada, M., Creese, S., Goldsmith, M., Mitchell, C. and Phillips, E., 2014. Computer Security Incident Response Teams (CSIRTs): An Overview. Clemente, C.J., 2015. Development of an Information Technology Management Model for Madinat Zayed and Ruwais Colleges in Abu Dhabi, United Arab Emirates.Review of Integrative Business and Economics Research,4(1), p.184. Elbeltagi, I., Al Sharji, Y., Hardaker, G. and Elsetouhi, A., 2013. The role of the owner-manager in SMEs adoption of information and communication technology in the United Arab Emirates.Journal of Global Information Management (JGIM),21(2), pp.23-50. Forstenlechner, I., Madi, M.T., Selim, H.M. and Rutledge, E.J., 2012. Emiratisation: determining the factors that influence the recruitment decisions of employers in the UAE.The International Journal of Human Resource Management,23(2), pp.406-421. Hall, J. H., Shahram, S. Thomas, A., Mazzuchi., 2011,"Impacts of organizational capabilities in information security", Information Management Computer Security, Vol. 19 Iss 3 pp. 155 176 Knobe, J. and Nichols, S. eds., 2013.Experimental philosophy(Vol. 2). Oxford University Press. Lowry, P.B., Posey, C., Bennett, R.B.J. and Roberts, T.L., 2015. Leveraging fairness and reactance theories to deter reactive computer abuse following enhanced organisational information security policies: An empirical study of the influence of counterfactual reasoning and organisational trust.Information Systems Journal,25(3), pp.193-273. Mackey, A. and Gass, S.M., 2015.Second language research: Methodology and design. Routledge. Marchon, C. and Toledo, H., 2014. Re-thinking employment quotas in the UAE.The International Journal of Human Resource Management,25(16), pp.2253-2274. Panneerselvam, R., 2014.Research methodology. PHI Learning Pvt. Ltd.. Singh, A. and Sharma, J., 2015. Strategies for talent management: a study of select organizations in the UAE.International Journal of Organizational Analysis,23(3), pp.337-347. Vacca, J.R. ed., 2013.Managing information security. Elsevier. Vassilopoulou, J., Tatli, A., Ozbilgin, M., Pinnington, A.H. and Alshamsi, A.M., 2015. Identifying Effective Talent Management Policies and Practices in the United Arab Emirates (UAE).Comparative Political and Economic Perspectives on the MENA Region, p.292. Vogel, M. and Broer, V., 2013. Security Compliance MonitoringThe next Evolution of Information Security Management?!. InISSE 2013 Securing Electronic Business Processes(pp. 183-194). Springer Fachmedien Wiesbaden. Yahya, F., Walters, R.J. and Wills, G.B., 2016, June. Goal-based security components for cloud storage security framework: a preliminary study. In2016 International Conference On Cyber Security And Protection Of Digital Services (Cyber Security)(pp. 1-5). IEEE.

Sunday, April 12, 2020

Critical Analysis of Efficiency Market Hypothesis Essay Essay Example

Critical Analysis of Efficiency Market Hypothesis Essay Essay In this essay. foremost. the Efficient Market Hypothesis ( EMH ) is given an assessment in relation to random walk. every bit good as its definition. uncovering theories in context of empirical grounds. A brief account of the 3 signifiers of EMH is highlighted alongside a brief description of its trials for cogency. The chief focal point of treatment is whether or non Technical A ; Cardinal Analysis can find unnatural returns by investors strategically utilizing a set of information to explicate purchasing and merchandising determinations to crush the efficient market. ( Graphs and sets of equations may be applied ) . Following general empirical surveies. the theory of Efficient Market typically asserts that. it would be impossible to systematically surpass the market by agencies of proficient A ; cardinal analysis. accordingly. in the visible radiation of this averment. proficient. cardinal and other anomalousnesss are revealed that may propose some degrees of market inefficiencies. We will write a custom essay sample on Critical Analysis of Efficiency Market Hypothesis Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Critical Analysis of Efficiency Market Hypothesis Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Critical Analysis of Efficiency Market Hypothesis Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Finally. a decision. subjectively underscoring the relevant points expressed supra. seting to perspective facts conveyed through the subject of critical treatment. Appraisal of the Efficient Market Hypothesis and Random Walk The efficient market hypothesis is a fiscal theory widely accepted by most academic fiscal economic experts. It was by and large believed that securities markets were highly efficient in reflecting information about single stocks and about the stock market as a whole. The recognized position was that when information arises. the intelligence spreads really rapidly and is incorporated into the monetary values of securities without hold. Therefore. when the term ‘efficient market’ was introduced into the economic sciences literature in the sixtiess. it was defined as a market in which monetary values at any clip â€Å"fully reflect† and ‘adjusts quickly to new available information’ ( Eugene F. Fama. 1970. p 383. ) . In the context of this hypothesis. â€Å"efficient† through empirical observation. means that the market is capable of rapidly digesting new information on the economic system. an industry. or the value of an endeavor and accurately attaching it into securities monetary values. In such markets. participants can anticipate to gain no more. nor less. than a just return for the hazards undertaken. hence neglecting to supply unnatural returns. Random Walk. is a Theory closely associated with the efficient market hypothesis. was originally created by Louis Bachelier ( 1900 ) . and developed by Kendall. in 1950s. Kendall ( 1953 ) found that stock and trade good monetary values follow a random walk. Random walk varies with respect to the clip parametric quantity. Harmonizing to capital markets theory. the expected return from a security is chiefly a map of its hazard. The monetary value of the security reflects the present value of its expected future hard currency flows. which incorporates many factors such as volatility. liquidness. and hazard of bankruptcy. However. while monetary values are rationally based. alterations in monetary values are expected to be random and unpredictable. because new information. by its really nature. is unpredictable. Therefore stock monetary values are said to follow a Random Walk. Versions of the Efficiency Market Hypothesis and trials Following the construct of information. as stated in the above paragraph. it is utile to separate among three versions of the EMH. Fama ( 1970 ) identified as: the weak. semi-strong. and strong signifiers of the hypothesis. These versions differ by their impressions of what is meant by the term â€Å"all available information. † The trials for each signifier. summarized in brief. through empirical observation shows grounds in favour of EMH: Harmonizing to Fama ( 1970 ) . Weak signifier efficiency claims that all past monetary values of a stock are reflected in today’s stock monetary value. Therefore. proficient analysis can non be used to foretell and crush a market. The Weak Form Tests. The trial of the weak signifier of the EMH is by and large taken to consist of ; an autocorrelation trial. a runs trial and filter regulation trial. An autocorrelation trial investigates whether security returns are related through clip. On the other. a runs trial. for illustration. measures the likeliness that a series of two variables is a random happening. A filter regulation ( or merchandising trial ) is a trading regulation sing the actions to be taken when portions rise or fall in value by x % . Filter regulations should non work if markets are weak form efficient. Overall. the trials highlighted. statistically tests for independency. to set up the weak-form holds. thereby annuling strategic regulations for proficient analysis. to obtain unnatural net incomes. Following the weak-form EMH. is the Semi-Strong signifier efficiency in which Fama ( 1970 ) states that security monetary values reflect all publically available information. The Semi-Strong Test. Trials for the semi-strong. significantly and reveals Event Study. The first event survey was undertaken by Fama. Fisher. Jensen and Roll ( 1969 ) . though the first to be published was by Ball and Brown ( 1968 ) . An event trial analyzes the security both before and after an event. such as net incomes proclamations. stock splits and analyst’s recommendations. The thought behind the event trial is that an investor will non be able to harvest an above norm return by trading. on an event including the Cardinal Analysis scheme.

Wednesday, March 11, 2020

The 5 Principles of Adult Learning Pioneered by Malcolm Knowles

The 5 Principles of Adult Learning Pioneered by Malcolm Knowles The teacher of adults has a different job from the one who teaches children. If youre teaching adult students, for the best results its important to understand and practice five principles espoused by Malcolm Knowles, a pioneer in the study of adult learning. He observed that adults learn best when: They understand why something is important to know or do.They have the freedom to learn in their own way.Learning is experiential.The time is right for them to learn.The process is positive and encouraging. Make Sure Your Adult Students Understand â€Å"Why† Most adult students are in your classroom because they want to be. Some of them are there because they have continuing education requirements to keep a certificate current, but most are there because they’ve chosen to learn something new. This principle is not about why your students are in your classroom, but about why each thing you teach them is an important part of the learning. For example, imagine you are teaching a group how to make pickles. It would be important for students to understand why each step in the pickle-making process is important: It’s important to soak the cucumbers in ice water overnight. This helps make the pickles crisp.If you put a towel under the jars in the canner, they won’t bounce against each other and break.When sterilizing the jars, it’s important to fill each at least halfway with water, AND fill the canner they’re sitting in with water. Too little water and the towel mentioned in the previous bullet will catch on fire. You know this kind of information comes from experience. Respect that Your Students Have Different Learning Styles There are three general learning styles: visual, auditory, and kinesthetic. Visual learners rely on pictures. They love graphs, diagrams, and illustrations. â€Å"Show me,† is their motto. They often sit in the front of the classroom to avoid visual obstructions and to watch you, the teacher. They want to know what the subject looks like. You can best communicate with them by providing handouts, writing on the whiteboard, and using phrases like, â€Å"Do you see how this works?†Auditory learners listen carefully to all sounds associated with the learning. â€Å"Tell me,† is their motto. They will pay close attention to the sound of your voice and all of its subtle messages, and they will actively participate in discussions. You can best communicate with them by speaking clearly, asking questions, and using phrases like, â€Å"How does that sound to you?†Tactile or kinesthetic learners need to physically do something to understand it. Their motto is â€Å"Let me do it.† They trust their feelings and emotions about what theyà ¢â‚¬â„¢re learning and how you’re teaching it. They want to actually touch what they’re learning. They are the ones who will get up and help you with role-playing. You can best communicate with them by involving volunteers, allowing them to practice what they’re learning, and using phrases like, â€Å"How do you feel about that?† Most people use all three styles while they’re learning, and of course, this is logical since we all have five senses, barring any disabilities, but one style almost always is preferred. The big question is, â€Å"How do you, as the teacher, know which student has which learning style?† Without training in neuro-linguistics, it might be difficult, but conducting a short learning style assessment at the beginning of your class would benefit you and the students. This information is as valuable to the student as it is to you. There are several learning style assessments available online, some better than others. A good choice is the one at Ageless Learner. Allow Your Students to Experience What They’re Learning Experience can take many forms. Any activity that gets your students involved makes the learning experiential. This includes small group discussions, experiments, role playing, skits, building something at their table or desk, writing or drawing something specific – activity of any kind. Activities also keep people energized, especially activities that involve getting up and moving about. The other aspect of this principle is honoring the life experiences your students bring to the classroom. Be sure to tap into that wealth of wisdom whenever it’s appropriate. You’ll have to be a good timekeeper because people can talk for hours when asked for personal experiences, but the extra facilitation needed will be well worth the gems your students have to share. When the Student Is Ready, the Teacher Appears â€Å"When the student is ready, the teacher appears† is a Buddhist proverb packed with wisdom. No matter how hard a teacher tries, if the student isn’t ready to learn, chances are good he or she won’t. What does this mean for you as a teacher of adults? Luckily, your students are in your classroom because they want to be. They’ve already determined that the time is right. It’s your job to listen carefully for teaching moments and take advantage of them. When a student says or does something that triggers a topic on your agenda, be flexible and teach it right then. If that would wreak havoc on your schedule, which is often the case, teach a bit about it rather than saying flat out that they’ll have to wait until later in the program. By then, you may have lost their interest. Principle 5: Encourage Your Adult Students For most adults, being out of the classroom for even a few years can make going back to school intimidating. If they haven’t taken a class in decades, it’s understandable that they would have some degree of apprehension about what it will be like and how well they’ll do. It can be tough to be a rookie when you’ve been an expert in your field for many, many years. Nobody enjoys feeling foolish. Your job as a teacher of adult students includes being positive and encouraging. Patience helps too. Give your older students time to respond when you ask a question. They may need a few moments to consider their answer. Recognize the contributions they make, even when small. Give them words of encouragement whenever the opportunity arises. Most adults will rise to your expectations if you’re clear about them. A word of caution here. Being positive and encouraging is not the same as being condescending. Always remember that your students are adults. Speaking to them in the tone of voice you might use with a child is offensive, and the damage can be very difficult to overcome. Genuine encouragement from one person to another, regardless of age, is a wonderful point of human interaction. This is your challenge as a teacher of adults. Beyond teaching your subject, you have the opportunity to inspire confidence and passion in another human being. That kind of teaching changes lives.

Sunday, February 23, 2020

Case Assignment Example | Topics and Well Written Essays - 750 words - 2

Case - Assignment Example The variable costs increase as the number of units increase. Similarly, the variable costs decrease as the number of units is reduced. However, the fixed costs remain the same at all production quantity levels (increase, decrease or steady sales and production outputs). Since the unit selling price for each boat is $20,000 and the total variable cost of each boat is $8,000, then the contribution margin is $12,000 per boat. To arrive at the breakeven sales, the $24,000 fixed cost amount is divided by the $12,000 contribution margin per boat. The consequent sales (breakeven) is two units. This is arrived at by dividing the $24,000 fixed costs by the contribution margin, $12,000 per boat. To arrive at the breakeven sales amount, the breakeven sales unit, 2, is multiplied by the unit selling price per boat, $20,000. Consequently, the breakeven sales amount is $40,000. The second situation shows the selling price is raised to $25,000 per boat. Consequently, the breakeven sales amount is the sale that results to the same zero profits (Hilton, 2011). Since the fixed cost is $24,000. There must be enough sales cash inflow to defray the $24,000 fixed cost amount. Consequently, the contribution margin must be equal to the $24,000 fixed costs amount to arrive at the same zero profit. Likewise, the data shows that each boat generates variable costs amounting remains at $8,000. Since the unit selling price for each boat is $25,000 and the total variable cost of each boat is $8,000, then the contribution margin is raised to $17,000 per boat. To arrive at the breakeven sales, the $24,000 fixed cost amount is divided by the $12,000 contribution margin per boat. The sales (breakeven) is 1.41units. This is arrived at by dividing the $24,000 fixed costs by the higher contribution margin, $17,000 per boat. To arrive at the breakeven sales amount, the breakeven sales unit, 1.41, is multiplied by the higher unit selling price per boat,

Friday, February 7, 2020

Ethical Theories Essay Example | Topics and Well Written Essays - 1000 words

Ethical Theories - Essay Example Additionally, one of the major uncertainties in the Act Utilitarianism is that it appears to be too lenient, able to justifying some crime, and yet making it ethically compulsory, if simply the worth of the particular outcomes of the particular act is great enough. In addition, there is another major uncertainty and that is act-utilitarianism is much better in theory than in practice, as we barely ever have the time as well as the information to forecast the outcomes of an act, review their worth, and formulate judgments through probable alternative acts (Utilitarianism; Utilitarianism2). In case of Jean’s nephew Pierre, Jean has used illegal means to bring a prescription. In this situation, Pierre’s life was in danger and due to un-availability of medicine he can die. According to Act Utilitarianism the act of Jean has created happiness and offered a great deal of relief from pain. According to Act Utilitarianism Jean has performed a rightful and legal action that ulti mately saved someone’s life. Rule Utilitarianism Oxford moral philosopher R. M. Hare presented a 2-tiered theory that is known as rule utilitarianism. According to this theory, without doubt happiness is the eventual moral value; the means to go after it can be not direct. In this scenario, a 2 tiered theory would assess categories of events normally similar to as telling the truth, murder, remaining realistic in a wedding, breaking promises, regarding parents, caring for children, punishing the innocent, etc. However, some of the categories of proceedings are assessed rather than individual proceedings, a large number of people need to be measured in such estimated scenario should all in a culture be permissible to cheat? If a wide-ranging moral exclusion besides cheating creates more pleasure, then rule utilitarians would ease the moral rule "Don't Cheat." (LawAndBioEthics; Utilitarianism; Utilitarianism2). In addition, the rule utilitarianism is a quasi rule oriented struc ture where policies perform a vital role; however the system completely relies on a standard. In this scenario, the fundamental utilitarian principle is utilized, with facts regarding social communication, to derive rules. Additionally, once the systems are prepared, no direct computation of utility is required. Moreover, the law has to be pursued even if the individual measures produce more pain as compared to pleasure (LawAndBioEthics; Utilitarianism; Utilitarianism2). In case of Jean’s nephew Pierre, Jean is performing a wrong deed. In the light of Rule Utilitarianism, Jean is going against her personal code of law. This leads her to guilty of crime for using his job authority for illegal task. On the other hand she also saved the life of Pierre; this situation takes her to another aspect that she has performed a rightful job. Kantiansim Kantiansim is a viewpoint of ethics that is presented by Immanuel Kant. In this theory, Kant supposed that people should take care of as an end as well as never as a simple means to an end. On the other hand, it is immoral to utilize people for our own personal objective since people are important in themselves. In addition, Kantianism is a non consequential theory outlining the act itself is more significant as compared to the results of that act. In fact, Kant’