Employee Training in Domtar Research Paper Example | Topics and Well Written Essays - 250 words - 1

Employee Training in Domtar - Research Paper Example Their training would enhance them with skills in the way that they can make efficient strategic goals and how to implement the goals. The employees should be organized according to their levels or ranks in the company. The different groups should be trained differently (Bari, 2000). The learning objectives in Domtar Company would be to cut costs. The costs will be cut if the processes of the company are efficient. The other objective would be to maintain a positive customer relationship. The customers should be considered before the company makes any decision and their satisfaction should be the source of any decision made. The other objective of the training should be to make feasible decisions that will ensure the prosperity of the business.The organizational constraints that may be incurred in the learning process may include; finances. The learning process is an expensive process, hence the cost factor must be considered. The company may not be willing to invest a lot in employee training and that should be avoided. The other constraint may be the time constraint. In the course of the training, the operations of the company must also continue, that means that time available will be minimal. The learning should be organized in a way that the sessions will be accommodated in the normal working schedule of the company. The other constraint that may exist will be resistance from employees. The constraints can be addressed by the employees been told the importance of the training. The other way the constraints can be addressed would be by the company providing resources that are useful in the training.

Prostate Cancer Research Paper Example | Topics and Well Written Essays - 1750 words

Prostate Cancer - Research Paper Example From a nursing perspective, a more responsible role for nursing professionals in the dissemination of information on the diagnosis of prostate cancer and its implications is a development of the late twentieth century. This increased caring role of the nursing professionals with patients diagnosed with prostate cancer also carries the implication of better knowledge of the disease and the treatment modalities, to be efficient in providing the required care quality (Davison et al, 2009, p.95). Prostate cancer is cancer occurring in the prostate gland. The presence of a cancer tumor in the prostate gland will result in enlargement of the prostate gland, which is responsible for the symptoms associated with the lower urinary tract displayed in those having the disease. In essence, the demonstration of these symptoms from an enlarged prostate results from the impact of the resistance to the flow of urine by the enlarged prostate and the response of the urinary bladder. The symptoms include nocturia, frequent urination in the daytime, hesitancy, and the requirement of strain to push the urine out or maintain the force of urine; intermittency; and the desire to void again shortly after urinating. These symptoms are not definite indicators of the disease, as for instance, it may be the result of benign prostatic hyperplasia (Ellsworth 2009, p.5). In addition, these symptoms are also seen in the general population, and as such are not sensitive or specific enough to be used for a diagnosis of prostate cancer. This lack of specific symptoms has placed the emphasis on the screening methods of digital rectal examination and determining the presence of prostate-specific antigen (PSA) to assist in the diagnosis of prostate cancer (Strief, 2007, p.476). There is no evidence to suggest that prostate cancer occurs from any specific and modifiable life styles of the male population. However, evidence points to three major risk

Intellectual Property Essay Example | Topics and Well Written Essays - 1250 words

Intellectual Property - Essay Example The law offers rights of control to the creators of literary works, films, music, artistic works, software, and typographical agreement of printed editions on the way their work may be engaged. The mentioned rights include; public performances and broadcast, adapting, lending copies, copying, as well as renting. Copyright is an automatic work, which arises when a person or a company creates something new (Holland, 2007). In order for one to qualify for this right, the work created should be considered as innovative, and display or unveil some degree of skill, labor, or judgment. For a party to receive the protection of copyright, their works must be interpreted in regard to independence creation instead of the notion behind that creation. For instance; if one writes a book, the idea of the book itself may not be protected, however, the actual content in that book would be protected. A different person has a right and, is entitled to write a book employing the same idea as long as they do not copy the owner’s idea or adapt it when writing their works (Bouchoux, 2009). Generally, the person or a group who authored the original work exclusively owns the work, which is referred as â€Å"first owner of copyright† according to the Act of 1988. However, if this work is created and formed as part of occupation, then the company will actually be the first owner, this being the employer of the person who created the work (Davies, & Cheng, 2011). Titles, colors, names, and short phrases are not normally put into consideration as unique or ample and extensive enough to be taken into consideration, though designs such as a logo, which combines these features may be covered. In other words, works that prompt anotion may be secured and protected, but the idea behind that work may not. Commissioned or freelance work generallygoes to the author, unless there is a contract, which is an agreement for the service. Similarto any otheradditional asset, copyright can be sold or

ArelorMittal's policy in relation to dealing with cultural and social Essay

ArelorMittal's policy in relation to dealing with cultural and social environments - Essay Example Last year the company shipped more than quarter of million tons to the region. Renault has announced to set up a factory in Morocco to serve the customers of Europe and North Africa. The company has mills in Spain and France and supplies steel to Casablanca. ArcelorMittal has extended their footprints in Morocco which was identified as the potential country of the Maghreb region. In order to meet the requirements of Renaults, ArcelorMittal made serial deliveries to Melloussa from December, 2011. The company entered into agreements with leading appliance producing corporations and ensured supply of steel for the production process. To offer steel to the oil and gas industry the company is refining the products as well as identifying the existing steels which are suited for the energy sector. New markets are opening up for the company on the edges of Europe. Turkey is one such country. France and Canada are some of the countries where ArcelorMittal has entered. The company also has ope rations in Brazil and Mexico. Altogether the presence of the company is in 60 countries worldwide. Problems in integrating business The company needs to shift beyond the good intensions on social issues and turn the words into deeds. Although the company plays its part in corporate social responsibility it continues to pollute the environment. According to the new report of Global Action on ArcelorMittal the company risks the lives and displaces local communities. The resettlement plans for the local people were unclear while the company started iron ore mining operations in Nimba County, Liberia (ArcelorMittal Group-a, 2012, pp. 21-24). The people were deprived from permanent employment in the mine and posed a threat o the Mount Nimba Nature Reserve. According to the authorities of the Friends of the Earth Liberia the lack of transparency in the management is a concern when one studies the track records of the company on other countries. The residents of Eastern Europe and South Af rica complain that the company has done little in reducing the high levels of air pollution. The approach of the company towards reduction of air pollution has not been effective although several meetings were conducted with the local communities (ArcelorMittal Group, 2010, pp. 14-15). The European steel plants of ArcelorMittal benefited from huge amount of loans directed to them from the International Finance Corporation but the area of reducing pollution still remains ignored. The safety investments of ArcelorMittal have remained unchanged for Kazakhstan for quite a long time. In spite of the health and safety projects 35 miners lost their lives in the mines of the company in 2008 in two separate incidents. The city of Temirtau is chocked with pollution even now. Questions can be raised regarding the ethics of the company. The company established a mechanism for the employees with which they can raise their concerns against an issue in the working environment (ArcelorMittal-a, 201 2). The procedures are confidential and whistle blowing. The trade unions also work for the purpose of upgrading the safety requirements. The company grievance mechanisms were developed to be in line with the principles of human rights and business of United States. Exit from the market In order to cut down the debt problems, ArcelorMittal took the initiative in scaling down the investments

The Continuum from Legitimacy to Fraud Research Paper

The Continuum from Legitimacy to Fraud - Research Paper Example Thus, the framework will only be used to the extent of four components of earnings management namely paper earnings management (PEM), real earnings management (REM), paper earnings fraud (PEF), and real earnings fraud (REF). PEM and REM relate to earnings management practices that comply with accounting standards and corporate laws in place while REF and PEF are earnings management practices that violate the standards and laws in place. Earnings Management Measurement The type of data used in this study shall be secondary data collected from the DataStream database. Such data is usually found from the financial statements of listed companies and therefore deemed reliable. Therefore, the issues of data reliability and validity for the present study shall not arise as no tools shall be developed for the collection of primary data. A number of approaches have been used by researchers to measure earnings management (Prior, Surroca and Tribo, 2007). According to McNicols (2000), three app roaches have been commonly used. These are: specific accruals, distribution of earnings, and total accruals. The present study will employ the total accruals approach which consists of both discretionary accruals and non-discretionary accruals (Dechow et al. 1995). Prior studies presented two approaches for measuring totals accruals. For instance, Kothari (2005) uses the balance sheet method while Jaggi et al. (2009) use the cash flow approach. Following Jones (1991) and Dechow et al. (1995), the current or total accruals can be defined using the balance sheet method as: TACt = ?CAt - ?Cash-?CLT + ?DCL – DEPt Where:?CAt = This denotes change in current assets in year t ? Cash = This is a change in cash and cash equivalents in year t?CLT = This is a change in current liabilities in year t?DCL = This means a change in debt included in current liabilities in year t. DEPt = This is depreciation and amortization expense in year t Collins and Hriber (2002) noted that the cash flow approach was a superior method than the balance sheet approach especially for companies experiencing mergers and acquisitions. Sun and Rath (2009) argued that the discretionary accrual approach is potentially ill-specified. This study therefore uses the cash flow estimation approach. Under the cash flow method, total accruals are estimated as follows: TAC t = Income t – Cash Flow t Where: Income = Earnings before extraordinary and abnormal items in year t Cash Flow t = Operating cash flow in year t Prior et al., (2007) noted that earnings management is estimated through discretionary accruals (DA) which are computed by â€Å"detracting the expected or non-discretionary accruals (NDA) from the total accruals (TA)† (p. 34). The DA and NDA can be estimated using the Kothari et al (2005) model. The model is different from the modified Jones model proposed by Dechow et al. (1995), and includes a non-deflated term that captures performance (ROA). Consistent with most empiric al studies in earnings management, the present study will adopt the modified Jones model. The argument for the adoption of this model is best described by Alghamdi (2012) as follows: â€Å"The argument of this study is that management may engage in earnings management via discretionary revenues by timing the recording of these revenues, such as recording them at the year-end when the cash has not yet been collected.  

College graduates get low interest Essay Example | Topics and Well Written Essays - 250 words

College graduates get low interest - Essay Example ale, a research organization gathered statistics this year on graduates of over 900 colleges and universities, enquiring from them what they did at college and the amount they now make. PayScale then factored in the amount spent on the degree; after financial support .It is from this that the firm approximates the returns gotten from several kinds of degrees. It was found out that a degree course is a good bet wherever one studied it. This makes college graduates a safe bet as far as college low interest loans are concerned. The US. Department of Education develops and releases products that come with lowest student loans rates to assist college graduates. These include Direct Subsidized Loans that in 2013-2014 came with an interest rate of 3.86%, this is courtesy of US Department of Education. This rate is much lower than what is offered by private lenders. Apart from low rates of interest, students offered these loans aren’t responsible for the payment of interest during their schooling period. These costs are covered by governmental sources. Apart from federal low interest rates loans, there are also private lenders offering loan products that have low and attractive interest rates. Such products as these are tailored for students having outstanding credit scores as well as a cosigner having a good credit standing. Such like students are regarded as ideal borrowers since it’s very likely that they are going to honor their credit responsibilities. Most banks seem to reward such kind of b ehavior and battle for the business offered by

Should economic efficiency be the primary consideration and priority Essay

Should economic efficiency be the primary consideration and priority for the enforcement of competition law - Essay Example This research considers both sides of the debate and emphasises EU competition law and policies. It is concluded that there is no real dominant theme as between economic and non-economic policies and purposes in the enforcement of competition law. This is as it should be, since, the social, political and economic aspects of competition law and policies are equally important to the efficient operation of the market. It is argued that economic efficiency cannot be obtained unless, the political and social objectives of competition laws are achieved. Table of Contents Abstract 2 Introduction 4 The Purpose of Competition Law 5 Non-Economic Purposes and Policies of Competition Law 7 Economic Purposes and Policies of Competition Law 10 Non-Economic Factors as the Main Consideration in the Enforcement of Competition Law 11 Economic Efficiency as the Main Consideration in the Enforcement of Competition Law 15 Conclusion 17 Bibliography 19 Introduction Governments have introduced national com petition laws reflecting a growing trend toward a general consensus that competition laws are primarily aimed at promoting economic efficiency in the market (Lloyd, 1998, p. 1129). Non-economic policies are also reflected in competition laws which are divided between social and political concerns (Baker, 2013, p. 2176). ... 93). Economists tend to favour the economic efficiency of competition law while legal scholars are not comfortable with this view (Kerber, 2009, p. 93). Lianos (2013) presents the two sides of the debate in terms of the economic welfare perspective versus the normative perspective (p. 7). The economic welfare perspective views economic efficiency as the main objective of competition laws. In this regard, economic efficiency refers to enabling consumption choices and the fairer distribution of production permitting freer market entry (Lianos, 2013, 7). The normative perspective refers to the promotion of innovation and democracy in the market for the social and political efficiency of the market (Lianos, 2013, p. 13). This paper analyses both sides of the debate and determines that while economic efficiency appears to be the main consideration and priority for the enforcement of competition law, non-economic factors should have equal consideration. In making this argument, this paper is divided into three parts. The first part of this paper presents the economic and non-economic policies of competition law. The second part of this paper analyses the non-economic arguments and the final part of this paper analyses the economic arguments. The Purpose of Competition Law The purpose of EU competition law can be gleaned from Article 101 of the Treaty on the Functioning of the European Union (Consolidation Edition) 2012 (hereinafter TEFU). Article 101 in general bans any agreement or collusion calculated to distort trade and competition in the market (TEFU, Article 101). A list of the applicable activities include, price fixing, production restrictions or controls, sharing markets or