Business Environment Essay Example for Free

Business Environment Essay In the light of the fundamental gross and incremental changes that are constantly occurring in the external and internal business environment of organizations, leaders need to realize their organization can only survive if they recognize, anticipate, plan and implement adequate strategies to accommodate the changes in a timely manner (Toyne Nigh, 1999). Currently the organizations are facing many challenges that include global market competition, mergers, managerial restructuring, and acquisition and break up of the companies, media scrutiny, and increased business regulation, desire of employees to participate in decision making process and declining business ethics. Such increasingly and unpredictable changes in the business environment requires that the leaders in business organizations are properly and constantly aligned with the new business realities (Jain Tandan, 2006). The changes in the business organization can become a treat to the business and therefore it requires the leaders to anticipate these changes before they become real. In addition leaders also require redefining the ethical framework in order to come up with a proper in organizations in the global business setting (Toyne Nigh, 1999). If the leaders do not introduce adequate change in ethical and timely manner then the organization are likely to face difficult time and significantly reduces the chances of long time survival of the business (Gholipour, 2007). Organizational behavior Change in business environment indicates any act that makes it to be different. The factors that contribute to changes in the business environment include technology people, competition and processing of information and communication. Some of the changes in the business organization may occur suddenly without conscious efforts of leaders. Changes that occur without the efforts of the people are unplanned changes (Jain Tandan, 2006). On the other hand planned changes may be initiated by the leaders in the organization in order to achieve some objectives ands goals. Both planned and unplanned changes are met with resistance. The resistance can be covert i. e. implicit or overt/explicit. Classification of resistance to change can be classified to organization resistance or individual resistance (Toyne Nigh, 1999). Individual resistance to changes in the business environment can occur since the individuals perceive it to be a threat to their economic conditions, security and habit. On the other hand organization resistance to changes may occur because of group inertia, structural inertia, control of resources, expertise, fear of loosing power etc (Gholipour, 2007). To overcome these resistances to changes, the leaders can educate employees, go for negotiation, co-optation, coercion, manipulation and ensure that workers are involved in decision making process. For example the management can use Lewin’s three step model to manage the planned changes (Jain Tandan, 2006). Lewin’s three step approaches suggest that business organizations can develop permanent changes in the behaviors of the employees by making them unlearn the old working procedures and behaviors (Gholipour, 2007). On the other hand modern organizations place emphases on innovation and how they can learn to cope with the changes in business environment in order to stay ahead of competition (Toyne Nigh, 1999). Sources of innovations may include acquisition of new knowledge that leads to changes of perception and awareness, change of market and industrial structures, demographic changes etc. usiness organizations require to be committed in innovation and change and also change their cultures and structure in order to facilitate continuous learning of the employees. Conclusion The main purpose of change in a constantly changing business environment is to learn to adapt to those changes very quickly and also develop planned strategies to deal with the changes. Organizations need to introduce their own changes considering their size, goals and circumstances (Toyne Nigh, 1999).

Critical Analysis of This Boys Life by Tobias Wolff Essay -- Analys

This Boy's Life is the autobiographical account of teenager. Toby and his mother's search for financial stability and a peaceful life. Toby’s family was split down the middle as a child, leaving his father and older brother on the East Coast and, for the most part, uninvolved in Toby’s life. The story begins when Toby and his mother, Rosemary, leave her abusive boyfriend in Florida to take their chances at becoming rich in the uranium mines in Utah. They are short on money, a theme that continually comes up throughout the book, but full of hope and love for each other. Unfortunately, as they arrive in Utah, they discover the uranium resources have already been bled dry and they must go to Salt Lake City where Rosemary manages to get a job as a secretary. Soon afterwards, the ex-boyfriend follows the pair to Salt Lake City and rejoins their life. His abusive behavior continues and Toby and Rosemary are forced to flee again. This time fate lands them on a bus headed for S eattle. Once in Washington, Rosemary finds a group of female friends who encourage her to start dating, eventually landing her with a relationship and later marriage with yet another abusive man, Dwight. The mother and son pair is in a constant fight for a better way to live in terms of security and stability, but their love and loyalty to each other is solid. Toby seems to show signs of emotional and behavioral disorders in his journey through adolescence. He develops many different distinct personalities at various points to try to evade the harsh realities of his life. In the beginning of the novel, he expresses a... ...ter fighter by tormenting him. Wolff admits that, â€Å"All of Dwight's complaints against me had the aim of giving me a definition of myself. They succeeded, but not in the way I wished. I defined myself in opposition to him. In the past, I had been ready, even when innocent, to believe any evil thing of myself. Now that I had grounds for guilt I could no longer feel it.† His admission of oblivion to his disorder becomes realistic when explained in this context. Despite seeing him repeatedly change his identity, lie, steal, take excessive risks, and act generally wild and out of control at times, the reader somehow still comes out believing in and loving this lost young man. His spirit to survive and loyalty to his mother shine through, forcing readers to recognize, but look past the emotional and behavioral disorders that sometimes hinder his journey towards freedom.

Steps of Coducting an Audit

I sincerely hope that this assignment meets your approval and demonstrates my ability to resent assignments. If you require further clarification, I will be happy to contact you according to your convenience. Sincerely, Ishrat Nahid ID: 0930183 Executive Summery An auditor is an official whose Job it is to carefully check the accuracy of business records. An auditor can be either an independent auditor unaffiliated with the company being audited or a captive auditor, and some are elected public officials. Auditors are used to ensure that organizations are maintaining accurate and honest financial records and statements.In this report I have written about the plan of audit and the importance of ndependence of auditors. Planning the audit is an important step to conduct the audit. Auditor uses different planning methods to determine risk assessment, assessment of internal controls etc. The auditor either internal or external cannot complete all the aspects of the audit in one year. The auditors plan the audit is such a way they can cover the audit over a period of time. Auditor independence is one of the most important issues in accounting practice today.Independence increases the effectiveness of the audit by providing assurance that the auditor will plan and execute the audit objectively. High-quality audits enhance the reliability of the financial reporting process by investors and other users. Topic 1. Planning of audit 15- 163. References Page no 5-14 2. Independence of auditor 17 audit report Planning refers to the process of deciding what to do and how to do it. Planning involves selecting mission and objective and the actions to achieve them; it requires decision making that is, choosing from among alternative future course of actions.Plans thus provide a rational approach to achieving reselected objectives. Planning is an intellectually demanding process; it requires that we consciously determine ourses of action and base our decisions on purpose, knowle dge and considered estimates. An audit plan is the specific guideling to be followed when conducting an internal or external audit. Internal audits are usually conducted by a company's accounting staff and are primarily used for a management review of accounting process.External audits are conduct by external public accounting firms or private certified accountants (CPA) to ensure outside stakeholders that the company's financial information is prepared in accordance with that Jurisdiction's accepted accounting principles. External audit usually use a formal audit plan for auditors to follow when conducting audits. Audit planning improves the quality of audit work. It is necessary for an effective, efficient and timely audit. Adequate audit planning establishes the right means to achieve the objectives of audit.It helps in identifying potential problems and ensures that work is completed expeditiously. An audit plan does help the auditor not only to understand the scope of audit but also facilities smooth conduct of audit. Auditors use five types of test to determine whether financial statements are fairly stated: rocedures to obtain understanding of internal control, tests of controls, substantive tests of transactions, analytical procedures and tests of details of balances. All audit procedures fall into one or more than one of these five categories.By these tests detection risk reduces and effectiveness of internal control has increase. Five types of tests are firstly, update and evaluate the auditor's previous experience with the entity. Secondly, make inquiries of client personnel. Thirdly, read client's policy and systems manuals. Fourthly, examine documents and records. Fifthly, observe entity and operations. A meaningful audit plan considers some basic steps. If these basic steps are the minimal possible time. Step 1: Talk to the client The auditor discusses the nature of the engagement and the client's business and industry trends at the beginning of planning.Insights gained from this discussion help the au ditor navigate through the remainder of the audit planning procedures. These insights set the stage for an active two way communication process that result in a fully engaged audi tor. Step 2: Obtaining background information An extensive understanding of the clients business and industry and knowledge bout the company's operations are essential for doing an adequate audit. The auditor asks about recent developments in the company that may cause the audit to differ from prior years.Developments such as mergers, new locations or new product lines may have a significant impact on the audit plan for the current year. These discussions take place at the client 10 cation. Going on site provides the auditor the opportunity to meet with key employees or new employees and to see for him or herself any changes in the overall operations of the client. Step 3: Prepare A Complete list of items needed from the client Before starting uditi ng auditors require samples, documents and many other papers those auditors need to audit.A meaningful audit plan pro vides an updated list of client-prepared items that considers the following: New schedules because of changed risk profiles at the client New schedules resulting from a change in audit ap proach Example schedules and templates so the client prepares them in the auditors desired format Insertion of due dates for each schedule that has been agreed to by the client For larger clients, insert the name of a person respon Sible for the completion of the schedule that has been agreed to by the client

Pros And Cons Of Animal Research - 1529 Words

Everyone has benefited from the use of animal research in one way or another. My sister was diagnosed with asthma when born and without the help of animal research asthma would still be incurable. Experiencing this history with my sister I went into this research with a large bias for animal research. I found that research on animals is not a new discussion, â€Å"[h]umans have been using other vertebrate animal species†¦as models of their anatomy and physiology since the dawn of medicine.† (Franco 239) The ancient Greeks used animals for experiments with no question of morality ever being raised because of their â€Å"ranking in the scala naturae (the chain of being).† (Franco) Every major era came with a new dispute over how to handle animal†¦show more content†¦(Lancet 815) Because of the FDA’s law regarding drug testing the US stayed unharmed when it came to thalidomide poisoning, showing the importance of making it legally necessary to test the effects of drugs on animals before giving it to humans. Testing immediately on humans could have the effect of the above tragedies explaining why researchers have developed a questioning guide to decide if putting animals through drug testing is worth the risk. â€Å"Why, how, and when to test metabolites for safety-W[hy]: Is the metabolite unique to humans? If not, is it major in humans (as defined by the FDA Draft Guidance)? If major, is it adequately covered in animals? Is it potentially reactive? If metabolite safety evaluation appears warranted, can a scientific weight-of-evidence approach be taken to exempt those metabolites from direct safety testing? HOW: If testing is mandated, what is the design of adequate non-clinical safety studies to satisfy these regulatory requirements? Which species are appropriate? What is the appropriate duration of these studies? WHEN: If testing is mandated, what is the appropriate timing of these studies to support registration of new molecular entities? Should the reports be submitted before or aft er initiation of Phase 3 clinical trials?† (Luffer-Atlas 448-449) If researchers follow the criteria of these questions they can discover whether testing on animalsShow MoreRelatedAmazed by Cloning1544 Words   |  6 Pagesand bad things about cloning, human cloning, and bringing back endangered species with the use of cloning. Information includes the processes and some animals that have been cloned. The history includes the different cloning achievements starting with the first artificial twin. The good and bad parts will of course talk about the pros and cons of cloning. Human cloning tells what is the use of it and how people feel about it. The last part talks about the possibility of using cloning to protectRead MoreAnimal Testing and The Animal Welfare Act1417 Words   |  6 PagesMany scientists claim that without animal testing, medical breakthroughs and research would not have progressed to where it is today. 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