The Main Communication Channels in Organizations

The main communication channels that are commonly used in my organization are wireline and wireless communication channels. Being a hospitality company, the top officials are frequent interaction with the junior officials for consistency.Advertising We will write a custom essay sample on The Main Communication Channels in Organizations specifically for you for only $16.05 $11/page Learn More The main forms of communication under the wireline channel are telephone calls and computer networks (Middleton, 2002). In this organization, senior officers usually use telephones to communicate within the organization, as well as to organize external meetings and interviews among others. On the other hand, wireless communication channel involves the use of internet through computers, mobile phones, televisions, and radio calls. Since the organization has an official website all official communication within the organization as well as to the organization’s c lients is done through the internet. Telephone and radio calls are mostly used by the top officials to communicate meetings or emergencies. According to Middleton (2002), some of the main interferences within communication channels resulting into noise are electromagnetic interferences, and interferences of radio frequencies among others. As it has been revealed, interferences of the electromagnetic system usually cause inefficiency in the performances the entire system, resulting into noises. Further, interferences of the radiation emitted by most of the electronic appliances may interfere with the frequencies in the entire communication system, resulting into noise. One of the main strategies that ought to be incorporated in my organization’s communication system is a ‘short message’ notification for an official message. Since many officials are not always logged in their e-mails, it would be quite important if the system is made more effective through ‘s hort message’ notification for any new message from the administration. It should be noted that, e-mails are not only effective means of communication, but also necessary in the current society dominated by digital communication. Basically communication has largely improved because of technology since it is easier for information to reach large number of audience within a very short time (Middleton, 2002). According to Middleton (2002), organization’s climate affects communication largely. If in an organization there is free interaction between the top and lower officials, communication would be easier and effective. On the other hand, when lower ranked employees are restricted to freely interact with their top officials, communication would be limited among the social classes.Advertising Looking for essay on business communication? Let's see if we can help you! Get your first paper with 15% OFF Learn More Generally, the recurring pattern of behavior with in an organization determines a lot the overall communication patterns within the organization. Generally, the organizational climate determines the how inter-group of interpersonal communication trends are facilitated. As reported by Middleton (2002), non-verbal communication is one of the most powerful means of communication within an organization. Non-verbal communication involves the use of body signs and signals to denote a certain meaning. Some of the main non-verbal communication modes are facial expressions, gestures and changes of behavior. On this basis, the development of skills to read non-verbal communication effectively is important. Through training of the non-verbal language of communication, it becomes possible for the members in the organization to understand each other more accurately. After being trained on various implications of the body language, an individual develops appropriate skills necessary to effectively read non-verbal communication. In the organizati on that I work for, nonverbal communication is largely used in my workplace. In this case, gestures and facial expressions are the main nonverbal communication modes used. For instance, if an individual is not happy with the supervisor’s behavior he or she frowns, indicating his dissatisfaction by the supervisor’s action or message. More so, gestures are largely used to notify an individual about an attention needed at certain point urgently. Hand gestures are the most popularly used form of gestures in my work place, since the noise made by machines does not enhance effective verbal communication (Middleton, 2002). As held by Middleton (2002), communication within organizations may be either through formal or informal channels. One of the main advantages of formal communication is that, the messages can be stored for future use. More so, messages from formal communication can be tested for accuracy and reliability. However, informal channel of communication requires f ormal skills of expressing ideas. On this basis, formal communication is only limited to the elite and skillful individuals within an organization. On the other hand, the main advantage of informal organization is that, it does not require special skills and results into more interpersonal relationships within an organization. However, informal communication channels may be deceptive, resulting into its unreliability for future references. One of the most commonly used informal communications in organizations is rumors.Advertising We will write a custom essay sample on The Main Communication Channels in Organizations specifically for you for only $16.05 $11/page Learn More One of the ways in which organizations can use rumors in their organization is to spread rumor of cutting back to maximize production in their organization. By being closer to the employees and subsequently paying more attention to the atmospheres of workplace, managers would make emp loyees more productive since they would be more motivated. According to Middleton (2002), it is ultimately not ethical for managers to rely on rumors since they are ultimately unreliable and may arouse tension within the organization. Generally, use of rumors in organizations is an informal communication means which is unethically acceptable as means of communication within organizations, despite being a motivating agent among the employees. Reference Middleton, J. (2002). Organizational Behavior. New York: Capstone Publishing. This essay on The Main Communication Channels in Organizations was written and submitted by user Zoey Sloan to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Free Essays on Julius Ceasar-Honor

An Honorable Leadership Honor is one of the main underlying themes in William Shakespeare’s Julius Caesar, a tragic play that explains, through Brutus’ conflict with himself and with other main characters, that the end does not justify the means. Brutus's noble and honest traits, most opposite of Caesar, Cassius, and Antony, prove to reconcile his true leadership ability. Throughout the play, the themes of persuasion and propaganda bombard Brutus with conflict, but his honest seeds compel him to continue on in his battle for the good of Rome. In the beginning, we learn of the jealousy of Cassius, a "loyal" politician in Caesar’s court who is hungry for power. It is this jealousy that drives Cassius to use the power of persuasion on Brutus. He quickly encourages Brutus to trust him in that Caesar has become a tyrant and that he must be stopped for the good of Rome. Brutus soon forms a raw decision based on the given facts, but he does not make a shady one. "If it be aught toward the general good, Set honor in one eye and death i’ th’ other And I will look on both indifferently"(page 11, line 85); Brutus carries this inspiration with him throughout the play and is driven by a thought of the honor, not corruption reminiscent of Cassius's actions. As the story progresses, Brutus naturally takes on the role of the leader, and plots an assassination in which he anticipates that the end will justify the means. Brutus undergoes a battle with himself in which he struggles over the question of what good he wil l be doing for the people of Rome. Opportunely, he is reminded of how much of a tyrant Caesar was when Caesar said, "I could be well moved, if I were as you; If I could pray to move prayers would move me. But I am constant as the northern star, Of whose true-fixed and resting quality There is no fellow in the firmament"(page 49, line 59). As Brutus sees what an autocrat Caesar has become and distinguishes that the only w... Free Essays on Julius Ceasar-Honor Free Essays on Julius Ceasar-Honor An Honorable Leadership Honor is one of the main underlying themes in William Shakespeare’s Julius Caesar, a tragic play that explains, through Brutus’ conflict with himself and with other main characters, that the end does not justify the means. Brutus's noble and honest traits, most opposite of Caesar, Cassius, and Antony, prove to reconcile his true leadership ability. Throughout the play, the themes of persuasion and propaganda bombard Brutus with conflict, but his honest seeds compel him to continue on in his battle for the good of Rome. In the beginning, we learn of the jealousy of Cassius, a "loyal" politician in Caesar’s court who is hungry for power. It is this jealousy that drives Cassius to use the power of persuasion on Brutus. He quickly encourages Brutus to trust him in that Caesar has become a tyrant and that he must be stopped for the good of Rome. Brutus soon forms a raw decision based on the given facts, but he does not make a shady one. "If it be aught toward the general good, Set honor in one eye and death i’ th’ other And I will look on both indifferently"(page 11, line 85); Brutus carries this inspiration with him throughout the play and is driven by a thought of the honor, not corruption reminiscent of Cassius's actions. As the story progresses, Brutus naturally takes on the role of the leader, and plots an assassination in which he anticipates that the end will justify the means. Brutus undergoes a battle with himself in which he struggles over the question of what good he wil l be doing for the people of Rome. Opportunely, he is reminded of how much of a tyrant Caesar was when Caesar said, "I could be well moved, if I were as you; If I could pray to move prayers would move me. But I am constant as the northern star, Of whose true-fixed and resting quality There is no fellow in the firmament"(page 49, line 59). As Brutus sees what an autocrat Caesar has become and distinguishes that the only w...

Star Wars in Spanish

Star Wars in Spanish If you want to talk with your Spanish-speaking friends about Star Wars, the Fundacà ³n del Espaà ±ol Urgente has some advice for you. Known in English as the Foundation for Urgent Spanish, the Royal Spanish Academy-affiliated organization also called Fundà ©u BBVA has issued guidelines to aid Spanish speakers and publications in discussing the space saga. Among them are that the film series should not be referred to by its English name - as is common - but by the Spanish name for the first film in the series: La guerra de las galaxias (literally The War of the Galaxies). As is the case with other compositition titles, only the first word should be capitalized. As with that piece of advice, Fundà ©us other recommendations show some similarities and differences with English: Precuela is an acceptable word to refer to a prequel, just as secuela is acceptable for a sequel.Although in English we can talk about Episode 5, in Spanish its episodio V.Theres no need to capitalize the names of groups of creatures, just as names of ethnic groups arent capitalized. Thus the Ewoks are known as los ewoks. (In words of recent foreign origin, it is common to pluralize by appending -s rather than -es as is usually done with words ending in a consonant.)Jedis are known as jedis, but the Jedi Order can be written with capitalization as la Orden Jedi.Names of spaceships are capitalized much as they are in English. Thus the Millennial Falcon is el Halcà ³n Milenario.A laser is un lser.A hard-core fan can be called un or una friki, whose spelling is preferred to friqui.A series of nine films can be called either una nonalogà ­a or una enealogà ­a. Im not sure what the English equivalent is, but this is similar to the way a series of three films is called a trilogà ­a in Spanish (trilogy in English). The entire saga can be referred to as, well, una saga even though the traditional meaning of saga refers to legends less grand.The use of franquicia (franchise) should be avoided in referring to the movies series itself - its better to use serie. Franquicia should be used to refer to merchandise and spinoffs (such as comic books) based on the movie series.Luke Skywalker? Hes  Lucas Caminante de los Cielos, a calque. And Han Solo is simply Han Solo.  Native speakers have often written the name as Han Sà ³lo, but Fundà ©u says the accent isnt needed.

The Motorcycle Company Essay Example | Topics and Well Written Essays - 1750 words

The Motorcycle Company - Essay Example It is expected that the proposed budget will bring success for the company and will increase its market share tremendously. However, success of this project entirely depends upon the planning and implementation process, the concept and project of developing new and large motors for heavy vehicle is quite challenging because company is operating in an industry that is characterized by the production of small motors. Given below is the detailed analysis of procedures with the help of which we are going to achieve our goals. No2 Type of Required Staff Staffing is a function of Human Resources which incorporates the proper management of the workforce of an organization. Staffing involves all the steps required to create an efficient workforce for an organization and to maintain the efficiency of that workforce. Staffing incorporates all the functions of a human resource department from recruitment and hiring to evaluation, promotion and layoffs. Effective staffing is very important for t he growth and success of an organization (Ranne, 2011). It helps an organization get the best employees for all of its departments and this ensures higher productivity and better performance. Individuals of different technical and non-technical backgrounds were assigned to the pilot project team on either a full or part-time basis. Also, managers from both production and business departments were included to coordinate the effort and provide inputs to the project team. Each participant belonged to one or more of the five entities defined for the project: planning board, project board, project team, key stakeholders and key resources (see Fig. 1). The staffing will be based on the internal guidelines of the company for the production of new motors. Fig. 1: Project organization View Within Article The planning board will be responsible for the high-level effort and its strategic alignment with business processes. It will compose of an End-user designing and execution committee (EDEC), a planning manager, and the chief information officer (CIO) as its chair. EDEC provided related feedbacks on DWG from a business-user perspective. The project board will be responsible for overall practical planning, coordination, and evaluation of the project, with close cooperation from business customers in functional departments. Business customers were responsible for the validation of new motor models and follow-up on modeling issues specific to business requirements. The board consisted of a planning manager as the project sponsor and liaison between the boards, a technical representative, and three representatives from customer departments. Since business units of the company were organized according to three customer levels (individual, group, and corporate), one representative from each customer level participated in the project board. According to the internal guidelines, key stakeholders should be people whose departments will be affected by the implementation of large motors. In this project, however, because of the crucial importance of stakeholders’ role, they were directly involved in the planning and project boards. No3 Team building Strategies Team building is an important and crucial part

Business ethic analysis Essay Example | Topics and Well Written Essays - 1000 words

Business ethic analysis - Essay Example Without ethical measures and programs the company is set to loss the benefit it has enjoyed financially by doing business ethically. We should always put in mind the principles of professional ethic which if our company would take into account we are going to avoid potential or apparent conflict of interest which in this case I see us breaching.   Ethical dilemma My point of concern is payment of bonuses to shareholders in these times of economic crisis when we have not even completed repaying of the loan granted to us by the government and further organizing retreats for the employees. I have realized that if we pay bonuses and continue organizing retreats, this will be more costly to the company. it is evident from the bonuses paid in 2008 and the retreat organized when the company was experiencing financial difficulties has impacted negatively on the public image of the company and its performance (French,1995). It is highly expected that we are going to pay bonuses to our share holders and the employees are expectant of the retreat. If we grant bonuses, it is going to be highly costly financially since the company has not been able to fully from the economic crisis that we have just been through. Because of the position of our company, anything we do would be highly publicized in the media thus creating unwanted attention from the public whose money has been used to bail us. On the other hand, failure to pay bonuses would raise eyebrows to our trusted shareholders and employees. Employees further expect to be motivated and over the year’s retreats for them has been the mean of motivating them. This company has to strive to maintain its reputation which it has built over the years. Ethical practices have been key to the success and performance of this company. Although the company is set to benefit by rewarding best performance of its employees, it has to consider the implications to the public which is a critical part of this company. Furthermore, o ur shareholders are critical to the continuous success of this company but payment of bonuses at such a time might have negative implications on the integrity of the company since it has not even cleared repayment of loans resulting from the bail out by the government and also considering that the company has been selling off some of its holdings and subsidiaries to clear the loan. The management of this company thus needs to offer continued support to enable the ethical values of this company to work.    Furthermore the company needs to communicate this effectively to employees and shareholders. It is in my view that we should include in our code of conduct  when the company can organize retreats for its employees and when the bonuses can be paid without having any negative impact on the company’s reputation. The issue of giving bonuses and organizing retreats is unethical especially at such a time when the company is just recovering from financial difficulties (French, 1995). It is obvious that incentives and rewards play an important role in motivating employees to accomplish corporate goals and a company committed to doing business ethically would want to reward its employees for that. But the matter of rewarding employees by organizing retrea

Write from Memory Essay Example for Free

Write from Memory Essay The writer and narrator Marcel Proust is a very interesting fellow. The Overture or also called â€Å"Swan Way† describes Marcel early childhood and also opens up to him stating â€Å"For a long time I use to go to bed early.† Marcel Proust describes how difficult it was just for him to fall asleep. He then falls asleep, he then states he was reading a book prior however when he finally fell asleep imagining he is part of the book he was reading or well subject to it, but he awakes to find out that he was asleep. (Proust, 1909) The Overture is more of an autobiographical than anything else. The Overture sets the tone for the rest of his novels and the major theme is the relationship between time and memory. There is one part in the story where Marcel is drinking tea and eating sponge cake. This instantly causes a relaxation in Marcel and eventually reminds him of his past memories where he would have a similar meal back in â€Å"Combrary†. This is another example in involuntary memory as he was not trying to remember the past it just came naturally by the cue of drinking tea and eating a sponge cake. (Proust, 1909) The biggest difference from Marcel Prousts â€Å"Overture† and an more realistic novel is that it isnt organized in genuine sense or rather when Proust wrote the Overture he would talk about the future, past, and present which were laid out in memory. The main characters of the story were all introduced in the beginning. The narrative also changes from first person to third person which was unusual in writing realistic novel as the perspective generally stays the same throughout the story. The way Marcel Proust wrote his long paragraphs to sentences so he could fully tell his metaphors. When reading the Overture I cant help, but be instilled as if I was there with Marcel during that time of his telling it.

Self Discovery in Huckleberry Finn and Catcher in the Rye :: comparison compare contrast essays

Self Discovery in Huckleberry Finn and Catcher in the Rye    Huckleberry Finn and Holden Caulfield make take journey into self-discovery. In The Adventures of Huckleberry Finn, Huck Finn is trying to find purpose and identity through conflicting of morals. While Holden Caulfield in Catcher in the Rye, is an adolescent struggling to find mature into manhood. In comparison, they are both on a journey towards maturity and identity. Life itself is a journey full of bonding and experiences which lead to wisdom and understanding. Without maturity one may never have these essential experiences. This leads to an empty shell of a person, never truly feeling passion, love or peace.    Huck Finn is a young boy deciding which morals to hold true. The quest for what's right is long and confusing. During his adventure is forced to choose between his morals and his conscience. When Huck runs into the bounty hunters he is forced to make one of these decisions. He must choose whether to turn his run-away slave friend Jim as his conscience advises or to trust his morals and protect his friend in need. Fortunately, his will is strong and he creates an elaborate lie to prevent Jim's capture. Huck seeks refuge in nature, where right and wrong don't exist and life's beauty is what is truly important. He mentions that nature is peaceful and he need not worry about either his morality or conscience but is allowed to ponder these personal discrepancies.    Holden Caulfield, however, has a much more complex yet equally important struggle. His struggle is of his own hypocrisy and misunderstanding. This struggle can be overwhelming for some and it is for Holden who requires help to come to terms with maturity. Even though he is constantly speaks as if he is experienced in connection and bonding, they were always just faà ¿ ades. Holden thinks he is superior to his environment because he has a false knowledge of it and it's workings. This is best explained by his reaction his old friend June whom he would like to have a meaningful relationship with but cant come to grips on how. Inspite of all he thinks he knows he is really only the faker he despises. Both Huck and Holden must complete their own journey's to become complete individuals.

Course reflection Essay

I have learned so much during this course that helped me get a better understanding of the writing process. A few of the concepts that helped me the most were keeping an error log, and reading my assignments out loud. The first concept I will address in this discussion is also the most important guidance I have received since starting at Ashford. My instructor, Dr. Wells, advised me in week 1, that I might want to keep an error log. What that is, is writing down the mistakes I make in my assignments, quizzes, and discussions. After writing these errors down, find the correct spelling or the grammatical rule I broke, write the correct answer, and then study and learn from these mistakes. This technique has helped me the most since starting at Ashford. As a writer, I have always been a big proofreader of my work. I would sometimes look over my papers several times before submitting them. Most of the times I would catch 90% of my errors, not all the time though. I learned that reading your paper out loud can also improve your proofreading. Sometimes just looking over a paper isn’t enough. When you hear the writing though, you can hear what others will be hearing. I would catch small errors because the sentence didn’t sound right or it was a run on sentence. These are things I would sometimes miss just reading my paper. Out of all the course materials I have read and studied, I believe 2 of the most valuable were chapters 4-3, Essentials of College Writing, and The Ashford Writing Center. In the Essentials of College Writing, 4-3 The Writing Process, showed me different techniques to use for writing an essay. Some of these ideas were plan, generate ideas, create a rough draft, revise, edit, and proofread and check format. This book taught me the value of making an outline and the importance of planning. It always helps to be prepared and have an idea of what you’re writing before you write it. The Ashford Writing Center has really made a big impact on my writing style. I was having so much trouble with APA formatting and how to insert citations, that I would lose percentage points on my work. After skimming through this text, I found in chapter 7-1 an instructional video that showed me step by step how to use APA format. In the same book, chapter 7-3, Citations and References, this taught me the proper way to insert my citations. There is also a thesis generator in this text in chapter 3-3, this has been one of the biggest helps to me in my writing process. The areas and that I believe have improved the most, and that I will continue to work on are my spelling and punctuation. The error log has helped with my spelling and punctuation but I still sometimes make careless mistakes. Though these areas have improved a lot, I will continue to work on these areas.

Open Ended Questions in Research Essay

Questionnaires and surveys are useful for determining the attitudes, characteristics, profiles, beliefs from a sample of people. In designing a questionnaire that focuses on open ended questions the main concern should be on determining the way the responses will be quantified. Open ended questions are often used in research to clarify closed questions or as a means of generating ideas. In both cases it is generally assumed that the longer and more detailed the response to an open ended question the better (Graziano et al, 2000). However, relatively little is known about the effect of factors such as question wording or questionnaire design on the response to open ended questions. There is a need to ask open ended questions when the researcher desires to probe deeper into a subject area. The use of open ended questions is more common in subjects which are relatively unrehearsed. Open ended questions are also of value, where response cannot be predicted, or maybe to the reduce potential for researcher induced bias. This method makes it possible to explore a range of ideas about a certain issue or topic. Open ended questionnaire questions can be also be quantified but in more indirect way. â€Å"Converting raw, open ended data from large sample sizes into meaningful categories that the researcher can utilize to quantify the results presents a challenge† (Culp, 1998). Several strategies can be used to convert these responses into meaningful information. Using qualitative data analysis software is rapidly becoming feasible. Using software applications that support content analysis and data linking and those that offer advanced linguistic analysis. The content-analysis applications allow an analyst to assess the number of times a participant uses a particular word or phrase in written material or transcribed remarks. By counting the frequency of words and noting the association of certain words, one can categorize themes and concepts. By thus â€Å"quantifying† the qualitative communication, an analyst can associate the resulting information with other quantitative data. A more sophisticated analysis is possible with linguistic analysis, which examines the semantics, syntax, and context of participant’s verbal communications. Linguistic analysis applications help the analyst  identify the key ideas in a text, gain an indication of the relative importance of each idea, and then develop a prediction of a participants attitude and or behavior based on the context of the remarks† (Gale, 2005). The author would also consider scoring qualitative open ended question with coded values. For example expression strong emotional response against an idea could be valued as a 3, while a moderate response could be scored as 2, and a neutral or vague response a 1. Another idea that could be utilized is coding using a Likert type scale based on how overtly strong an idea or opinion is expressed. This method could induce bias if the person doing the interview or scoring the questionnaire has a personal preference in this idea. The research question should not be made known to the person doing the scoring in order to reduce the possibility of bias. The author believes that bias could also be minimized if several individuals do the scoring and the score then be averaged. Summary The topic chosen by this author lends itself well to open ended questions as it solicits responses in terms of attitudes, opinions, and beliefs about the economy. The following open ended questions are an example of questions that might be used in an interview about this topic. †¢How do you feel about the current state of the economy?†¢What do you think caused the recent economic downfall?†¢How has the economy affected your budget?The author would use scoring qualitative open ended question with coded values. For example, strong response could be valued as a 3, while a moderate response could be scored as 2 and a neutral or vague response a 1. The author would then do an analysis of the content based on the categorizations of opinions and attitudes. In a full scale research project, the author would use a mixture of quantitative and qualitative question in order to establish opinions, thoughts, or beliefs on the subject. This would aid in the analysis of attitudes on the topic. The validity of this type of research is only in the accurate analysis of the opinions and attitudes of the participants. References Culp, K. & Pilat, M. (1999). Converting feedback into quantifiable  categories [Electronicversion]. Journal of Extension 37(4). Dilts, R., Grinder, J., Bandler, R., Delozier, J. (1980). The Study of the Structure of SubjectiveExperience, Neuro-Linguistic Programming: Vol I. CA: Meta PublicationsGale, T (2005). Let me count the words: quantifying open ended interactions with customers,Cornell Hotel & Restaurant Administration Quarterly Pub 01-Aug-2005, RetrievedMay 3, 2009 fromwww://goliath.ecnext.com/coms2/gi_0198-245360/Let-me-count-the-words.htmSmith, R. A. & Davis, S. F. (2007), The Psychologist as Detective. New Jersey: PearsonEducation, Inc. Graziano, Anthony M. & Raulin, Michael L. (2000) Research Methods: A Process ofInquiry. Massachusetts: Allyn & Bacon.

Contently for Freelancers

Contently for Freelancers A freelancer in one of my online groups posted that he received a $500 writing assignment for a 500-word profile. This assignment fell into his lap because of his Contently profile. Im a firm believer in the not all your eggs in the same basket school of thought. Contently falls into this category. It wont generate enough money to be your sole source of income, but it is an additional money making avenue. Contently (www.contently.com) is a site that connects freelance writers with large corporate clients. Although freelancers cant actively search for work, the pay rates are significant enough to compensate. Most assignments are in the $0.75-$2.00 per word range. Most flat rates range from $200 to $1,500. To create a portfolio, go to Contently.com and create an account. Its free. It will take approximately 15-30 minutes to set up, depending on the number of clips you have to attach. Youll need a current email and at least one URL to a published work. You can also upload documents from your computer. Contently has a tool that will search for other works Leslie, a freelancer in the group, shared that he felt the

Case study #2 Example | Topics and Well Written Essays - 1000 words

#2 - Case Study Example With the intention to solve these issues, the CEO started his activities firstly from visiting the workplace of one of its rigs, named ‘Voyager 7’. The rig was quite small comprising 150 employees with a blend of skilled, unskilled and immigrant labours. Soon he began to depict that there was clear discrimination practiced in the workplace with regard to the living conditions and the working conditions of the lower level employees and the upper level employees. The upper level employees, who were also the immigrants, were provided with far better treatment in comparison to that of the local African employees. The local authorities of the government, despite being aware of the situation were never involved in taking any potential action to resolve the racial discrimination practiced within the organisation. After analysing the situation from the view point of the CEO, inferences have been drawn through the SWOTT analysis. Weaknesses: The situation has major drawbacks with the workplace environment being full of discrimination. Employees are treated differently on the basis of their nationality, race and designations, raising Corporate Social Responsibility (CSR) related concerns, which might diminish stakeholders’ confidence on the company. Threats: The discrimination prevailing in the workplace is a threat to the integrity of the workplace. Owing to the absence of communication between the lower level employees and upper level employees, the expectation of effective performance of this rig is highly unrealistic. Trends: If the situation continues in this trend, chances of conflicts between the upper level and lower level employees are highly uncertain. Moreover, legal authorities might also halt the operations of the entire business owing to the illegal practices of discrimination in the workplace. The alternatives will need to be evaluated considering the objectives of the company regarding CSR, ensuring equality

Finance - BIS Capital Adequacy Essay Example | Topics and Well Written Essays - 500 words

Finance - BIS Capital Adequacy - Essay Example Among its more important committees is the Basel Committee which is responsible for the promulgation of banking regulation guidelines concerning supervisory issues. In this regard, Basel I (1988 Accord) was a landmark in the banking industry in that banks having an international presence are required to hold as a minimum 8% of their capital equal to the risk weighted assets (there are five risk weightings). Basel II, which came in June 2004, addressed some of the weaknesses from Basel I. Both accords, however, are designed to strengthen the financial banking system by requiring a more rigorous set of capital requirements for banks to meet their credit and capital risks. Furthermore, Basel II is more forward-looking by requiring banks to identify those risks now and in the future especially with the sudden surge in hedge funds and esoteric investment instruments such as credit default swaps and other derivatives. Basel II attempts to avoid systemic risks such as what happened in the U S subprime mortgage crisis which engulfed the entire banking system with spectacular collapses such as AIG. Basel II is also more comprehensive by requiring banks to maintain enough capital to certain risks by quantifying credit and operational risks. A bank that engages in more risky investments is required to maintain a higher capital adequacy ratio to remain solvent in case of a crisis. Other considerations are a banks residual risks and the mandatory disclosures to comply with international accounting rules and standards. This last provision is crucial as it gives counter-parties an idea of the risks they face when dealing with a certain international bank. This way, there are no ticking time bombs like CDS which Mr. Warren Buffett likens to weapons of mass destruction (Graham & Dodd 2008, p. 622) due to unregulated credit default swaps that