The Core Values Of A Company - 1022 Words

The core values of a company set the foundation of an organizational culture, which in turn provides employees with a sense of direction and an overarching guideline when it comes to decision making, workplace behavior and ethics. Given its unique function, it is not hard to see the importance of having strong and effective core values in place. However, by simply coming up with a written set of values is definitely not enough to achieve the desired effect; it also requires the effective communication and continuous cooperation of the management. For instance, if the management does not continuously emphasize and manifest these values in their words and through their actions or if there are inconsistency in the values that the management promotes and the decisions that it actually makes, then the employees could easily get confused amidst the conflicting culture. As a consequence, employees may become inefficient and unproductive as they would not know how to differentiate what shoul d and should not be done. There is no denying the fact that Apple has core values in place. In fact, these values were mentioned during various occasions by Tim Cook and were published in many business articles. Some of which could also be found in Apple’s official website. However, judging by the complaints of Apple’s employees, it appears that the current management has failed to effectively communicate, assert, and instill these core values into the minds of the employees. Furthermore, it canShow MoreRelatedWhat Would Make My Future Company?898 Words   |  4 Pagesto start up my own company someday. After I finish Managing People Organizations, I feel I know how to build my company from a more broadened perspective. It’s like that I used to look at the issue through a peep-hole and then this class suddenly broadens my view by looking through a three-store window. What would make my future company outstanding? The answer now is it will have LIFE: Leadership , Integrality, Fun and Efficient. LIFE not only is the written company core value, but also brings meaningRead MoreReflection Of Business Analysis1402 Words   |  6 PagesReflection is a great way to learn from past experiences. It is important to reflect and consciously think about how to do things better the next time. The Baldridge core values are an excellent baseline to use as a guide to understanding how effective the learning in the Business (BUS) 411 class. The BUS 411 class applied the Baldridge core values to learning in a fun and exciting method. However, reflection is needed to understand just how effective is the learning in the BUS 411 class. The Gibb’s ReflectiveRead MoreSummury of: Building Your Company`S Vision by James C. Collins and Jerry I. Porras716 Words   |  3 PagesSUMMURY OF: Building Your Company`s vision By James C. Collins and Jerry I. Porras Companies that enjoy enduring success have core values and a core purpose that remain fixed while their business strategies and practices endlessly adapt to a changing world. Examples include Hewlett-Packard, 3M, Johnson amp; Johnson, Proctor amp; Gamble, Merck, Sony, Motorola, and Nordstrom. Truly great companies understand the difference between what should never change and what shouldRead MoreBusiness Models1449 Words   |  6 Pagesthe strategic plan. In the plan, it will define the mission, vision, ad value statements. The strategic plan is designed to assist the organization with its strengths, weaknesses, opportunities, and threats. The SWOT analysis will help develop a strong strategic plan and map out the direction to follow to achieve an organizational vision and goal. The purpose of this paper is to cover the mission, vision and core value of De Von’s Printing. Define the guiding principles and strategic directionRead MoreInternal Environment Analysis1450 Words   |  6 Pagesof a company focuses on the strengths and weaknesses of internal factors that give a company certain advantages and disadvantages in meeting the needs of its target market. Strengths refer to core competencies that give the firm an advantage in meeting the needs of its target markets. Weaknesses refer to any limitations a company faces in developing or implementing a strategy. The aim of the internal analysis is to identify the company’s strengths and weaknesses and as a result the company shouldRead MoreStrategic Entrepreneurial Business Pl San Luis Valley Health1290 Words   |  6 Pagesbusiness. Establish Core Values and Strategy The first part of the plan is to identify the organization’s purpose and core values. If the organization already has established values, the principals should be reviewed and revised to include fundamentals of entrepreneurship. SLV Health updates the strategic plan annually; this is the best time for leadership to integrate the ideas of innovation and corporate entrepreneurship into its core values. Currently, the company’s core values are as follows: Read More Core Competency Essay1687 Words   |  7 PagesCore competencies are the most significant value creating skills within a company and key areas of expertise that are distinctive to a company and critical to the companys long-term growth. Core competencies are the pieces that a company is superior than its competitors in the critical, central areas of the company where the most value is added to its products. These areas of expertise may be in any area from product development to employee dedication. A compet ence which is central to businesssRead MoreOverview and Analysis of Zappos.com 1719 Words   |  7 PagesZAPPOS.COM 2009: Clothing, Customer Service, and Company Culture Business strategy and model: Zappos.com had a differentiation strategy with which they had differentiated themselves from the rest of the market. They had use a unique corporate culture in their company which was one of the major competitive edges of the company. According to the CEO of the company, Tony Hsieh, that everything that they had done at Zappos such as their relationships with 1,200 to 1,500 brands, policies and websiteRead MoreEthics Away From Home By Thomas Donaldson1507 Words   |  7 Pages In Thomas Donaldson’s Values in Tension: Ethics Away from Home he examines whether or not companies should alter their own moral standards and those of their home country when doing business in foreign countries whose own ethical standards contradict the company’s and those of the company’s home country. He also raises the question of whether or not it is an acceptable practice for a company to invest in a country where the people’s human and political rights are being violated. Early in his essayRead MoreThe Business Plan For Actavis Plc1413 Words   |  6 Pagesan international business, with generic and brand named pharmaceuticals. This pharmaceutical company is involved in the manufacturing, development, sale, distribution, and marketing of these products (Actavis, 2015). Actavis base operations is located in Dublin, Ireland. When creating a business and developing a strategic plan it is important to start with a solid base. The mission, vision, and values of the business forms this base that leads a business to make future business decisions for the

A Study On Eating Disorders - 1463 Words

Part 3: The Research Paper At least â€Å"every 62 minutes someone dies† as a direct result from suffering an eating disorder (â€Å"EDC 1†). Eating disorders like binge eating, Bulimia, and Anorexia, include strange behaviors when it comes to food.Eating disorders affects their mentality, and how the person visually looks like. Some eating disorders are caused by stress which eventually ends up leading to depression. Many eating disorders are caused because of how the media glorifies them. In all the magazines all the women are extremely thin which causes many women and young adults to get Bulimia, Anorexia or any other types of eating disorders.There is a good percentage of people which are in denial about their eating disorder, because they don†¦show more content†¦When these feelings last for a short period of time, it may be a case of â€Å"the blues.† (Barbee J. G. 1).† Those with eating disorders believe that they don t fit in with the rest of society. In order for t he depression to improve achieving a certain a certain body type will ease the way they feel. While eating disorders may first â€Å"appear to be solely about food and weight preoccupations†, people suffering from eating disorders often try to use food and the control of food to cope with feelings and emotions that may otherwise seem overwhelming (â€Å"Barbee J.G†2). Being able to control something in their lives make them feel better, therefore, makes them feel less discouraged. Those diagnosed mentally feel lonely, and assume that nobody can relate with them. Depression is a way that many people cope with their eating disorders. Having an eating disorder modifies the way others view each other. People now believe that what is shown on the internet is the ideal body image for everybody. In reality the body type â€Å"portrayed in advertising as the ideal is possessed naturally by only 5% of American females† (â€Å"Eating Disorder Statistics 1†). Our media’s increased obsession with the thin-ideal and industry promotion of a â€Å"perfect† body may contribute to unrealistic body ideals in people with and without eating disorders. Success and worth are often identified with being thin in popular culture. Success is often confused with losing weight

Aspergers Defining the Syndrome - 829 Words

Aspergers: Defining the Syndrome What makes you different? Is it your clothes, your personality or your hobbies? Do these things set you apart from everybody else or do they help you fit in? Would you change these things if you could. What if you couldnt change it because it was part of your DNA? Its something you can never change and it will be with you the rest of your life. One of these things is Aspergers. The symptoms, causes,diagnosis and their daily lives set them apart from everybody else. Aspergers syndrome is a type of pervasive development disorder or PDD. PDD’s are a group of conditions that involve delays in the development of many basic skills such as; the ability to socialize with others, to communicate and using their imagination( Aspergers). It was discovered by Hans Asperger who was a viennese physician who recognizes this disorder in the 1940’s. It became universally recognized as a developmental disorder in the United States( Quinn 32-33). At this point of time no one knows the cause of Aspergers Syndrome. However it tends to run in families which suggests that it might be inherited(Aspergers). When looking at the brain there are definite differences in aspergers patients genetic make-up. They have a different â€Å"Blueprint† of their brain which maps different circuits. There are many genes and many different chromosomes that are involved. However some scientists think that environmental influences could be a factor because of the smallerShow MoreRelatedThe Relationship Between Asperger Syndrome And Autism2734 Words   |  11 Pages The relationship between Asperger syndrome and autism has been a controversial topic in psychology. There is not a definite correlation which has been decided upon between the two and chiefly due to the fact that they are both overly similar. Concisely, psychologists seek to identify the main difference between them. In a simpler way, it is not yet clear whether autism and Asp erger syndrome should be defined as independent (distinct) terms, or whether Asperger syndrome should be categorized underRead MoreThe Characteristics Of Autism Spectrum Disorders ( Asd )949 Words   |  4 Pagesclassic autism may be nonverbal. Alternatively, they may have significant language difficulties, so that their language may consist primarily of echolalia or delayed echolalia†, (E. Amanda Boutot, 2011, pp. 6,9). Additionally, â€Å"Children with Asperger Syndrome (AS) frequently have difficulty in conversations and following up on statements made by others†, (E. Amanda Boutot, 2011, p. 18). Individuals with AS may also take a literal interpretation of language, as well as, speak with an unusual volumeRead MoreAutism Spectrum Disorder ( Autism )2850 Words   |  12 Pagesa child who was diagnosed with Asperger syndrome. The various disorders that are divulged according to origin, diagnosis, symptoms, occurrence, and treatment in this paper are as follows: a utism spectrum disorder, Asperger syndrome, pervasive development disorder, Rett syndrome, and child disintegrative disorder. Studies of stereotypes and talent assumed in the autism category are also considered. Keywords: autism, autism spectrum disorder (ASD), Asperger syndrome (AS), pervasive development disorderRead More Aspergers Syndrome Essay1752 Words   |  8 PagesHans Asperger, a pediatrician from Austria, began to study a group of children at his clinic in 1944. He noticed that the young boys he was studying were clumsy, lacked social skills, and did not understand nonverbal communication. Asperger’s syndrome (AS), named after Doctor Hans Asperger, is a developmental disorder. Research by Woodbury-Smith and Volkmar (2009), claim that AS was originally thought of as a less severe form of Autism, in which the individual has higher linguistic ability but stillRead MoreAutism Spectrum Disorder ( Autism ) Essay1396 Words   |  6 PagesDisorders, Fifth Edition (DSM-5) was published, and they were listed under the umbrella of Autism Spectrum Disorder. There are five disorders listed under the umbrella of Autism Spectrum Disorder: Autistic Disorder, Asperger’s Syndrome, Childhood Disintegrative Disorder, Rett Syndrome and Pervasive Developmental Disorder- Not Otherwise Specified. Autism Spectrum Disorder is defined by two categories, impaired social communication and/or interaction, and restricted and/or repetitive behaviors, interestsRead MoreInclusion Education For Children With Disabilities3055 Words   |  13 PagesAbstract This assignment will give an insight into what inclusion education is, and the way in which a target school relates inclusion to their students. It will focus upon Asperger s within the school, and show how Asperger s is treated to ensure inclusion is met. The assignment will argue the policies set in place and, with the literature review, will source findings and compare them with the schools ethos. Introduction The earliest legislation and act brought about that acknowledged a disabilityRead MoreIntroduction Autism Essay2135 Words   |  9 Pagesbehaviors that may occur are high levels or anxiety, odd fears (ex. of color or shape), and emotions that change from one extreme to the other (Wing 31+; Siegel 49). A common myth about autistic individuals is that they cannot show affection (â€Å"Defining Autism†). Autistics show affection, but they are very precise about who they show affection to. They have to be very comfortable with this person and their affection they show is not like normal children’s. The affection is a brief hug or somethingRead MoreTreating Autism Spectrum Disorders1025 Words   |  5 Pagesdevelopmental brain disorders with symptoms that range widely with each affected individual. Autism is a disorder that varies in severity of social interaction and communication that can benefit from the help of different types of treatment. Asperger syndrome, Rett syndrome, autism, pervasive development disorder, and non pervasive developmental disorder are disorders on the autism spectrum with differing levels of intensity. Treatments for autism include medications, special diets, and psychological therapiesRead MoreThe Controversy Of Autism Spectrum Disorder13 23 Words   |  6 PagesThe Controversy Defining Autism Autism continues to spark countless discussions and debates throughout the medical field. Some doctors believe that autism is a neurological disorder that can and should be treated, as others continue to think it is simply a difference in human adaption that needs to be nurtured and acknowledged. Regardless of what autism may be, it continues to dramatically rise in the number of children and families affected. With autism being based on such a broad spectrum, theRead More Special Education Essay1616 Words   |  7 Pagesencompassed by the term† (p.453). Characteristics of Severe Disabilities Depending upon, the combination and severity of disabilities, and the age of the person with severe disabilities they may exhibit a wide range of characteristics, however, â€Å"one defining characteristic of students with severe disabilities is that they exhibit significant and obvious deficits in multiple life-skill or developmental areas† (Heward, 2009, p.457). The National Dissemination Center for Children With Disabilities, (NICHCY)

A Single, Comprehensive Solution For Environmental Challenges

A single, comprehensive solution to environmental challenges does not exist. The subject matter of the environment is interdisciplinary and entails diverse sets of strategies and solutions. Historically, collective action solutions have focused on conventional governmental regulations or privatization. It operates under the assumption that under the established apparatus of government and private institutions, individuals could join cooperative efforts and contribute to the cause. Hardin argued for the centralized administration of resources by governmental agencies or the privatization of the commons and allow the private enterprise to manage the common as it sees fit (Hardin 1968). Nobel prizing winning economist, Elinor Ostrom disputed such claims, asserting that governments have large agendas and cannot consider local environmental problems and some resources such as water and air cannot be privatized. Ostrom insists that the state or the market cannot be successful in ensuring the sustainable use of natural resources (Ostrom 1990). According to Ostrom and her research, an alternative approach to the problem of the commons is community mobilization, or polycentric governance. The alternative approach is characterized by multiple cooperative independent institutions organized and governed under a general system of rules. The citizens and officials of the community all come together to jointly chart the priorities and management of their local resources, while balancingShow MoreRelatedFormal Declaration Of Commitment To Environmental Sustainability Of Western University891 Words   |  4 Pages1. INTRODUCTION This report was contracted by Western University to reduce landfill disposal of a specific end-product on campus. As a signatory of the Council of Ontario Universities’ Formal Declaration of Commitment to Environmental Sustainability, Western University is dedicated to sustainability [1]. Through various sustainability programs, Western currently diverts approximately 50% of the total waste generated on campus from the landfill [2]. The acceptance of disposable paper coffee cups andRead MoreClimate Change And Environmental Threats1260 Words   |  6 Pages Climate change and environmental threats came more into focus in the last years and presently they represent a large challenge for the society. This means that environmental considerations have to be integrated into a number of different decisions made by businesses, individuals, policymakers and public administrators (Finnveden et al. 2009). Environmental Systems analysis is the field that ‘attempts to find supply technology systems solutions to these challenges’ (Chalmers University, 2012) InRead MoreGlobal Warming And Its Impact On The Environment Essay1672 Words   |  7 Pagesbecoming more and more aware of the environmental decay, they are torn as to the cause and the subsequent solution to the problem at hand. Litfin and Wapner highlight the issue from a legal stance, Magdoff and Foster evaluate the problem from an economic point of view while Weston opines that it is purely a problem of â€Å"stuff†. As a result in the difference in belief of the cause of the imminent state of the environment, they all put forward distinct solutions. Despite the diversity in their approachRead MoreTeen Pregnancy Is A Global Problem Essay1657 Words   |  7 Pagesparenthood on the economic, marital, and childbearing careers of young mothers (Gortzak-Uzan, Hallak, Press, Katz, M., Shoham-Vardi (2001). Teenage parents face many life challenges, for example, trying complete high school, finding and paying for quality child care, developing parenting skills, coping with s be ing a single parent, maintaining a relationship with the father of the child, attending college, securing safe and stable housing, and stable employment to support their family (KienstandRead MoreI Am A International Competitor1317 Words   |  6 Pagesam a learner. I am a sporting competitor. I am not afraid of failure. I am eager to learn the lessons required to reach the top. I dare say it is a very pleasurable mix. My views on learning are not extraordinary. They are however centred on comprehensive and investigative approaches to engineering problems. I am happiest when I am identifying problems – in a complex circuit, in control systems, logic and digital circuits or simply the detection of flaws in coding. When the problem is accessibleRead MoreEco City Advantages And Disadvantages1268 Words   |  6 Pagesfounded with the idea of reconstructing cities to be in balance with nature. The term today depicts a city that adheres to the three core pillars of sustainability: environmental stewardship, social equality and economic prosperity. How does an eco-city differ from a normal city, or even a sustainable city? Eco-city is ‘an urban environmental system in which input (of resources) and output (of waste) are minimized’. Overlap between the literature on eco-cities and that on urban planning and sustainabilityRead MoreExploration Of Oil And Gas Resources Essay1715 Words   |  7 Pageshigh performance standards and environmental concerns of their regulators and local communities. These stringent environmental concerns have led to research and development of many water based drilling muds but these muds still don’t offer the desired drilling performances like OBMs. We shall now look at the advantages and disadvantages of both OBMs and WBMs Advantages of WBM: WBMs pose a comparably minimal risk to the environment, there’s a lower logistical challenge as compared to OBMs in terms ofRead MoreAFP Versus Jollibee Food Corporation1605 Words   |  7 Pagesteamwork, spirit of family and fun, humility to listen and learn, frugality, honesty and integrity. The AFP has three general core values, honor, service and patriotism, further specified into twelve values. For the AFP, internalizing these values is a challenge, particularly integrity and honesty, considering the involvement of some high ranking officials with corruption. JFC has set two main objectives in their 2008 annual report, first, to sustain the same level of commitment of aspiring growth as aRead MoreThe Mystery Of Deep Ocean Ecosystems973 Words   |  4 PagesPacific oceans. With further research, we can hope to seek meaningful solutions to the many scourges of humanity. The oceans’ deepest places are crawling with microbes. These single-celled creatures could provide insight on everything from the origins of life to cures for diseases. Cameron’s expedition captured images of rocks covered in a stringy substance, more technically called microbial mats, representing clumps of these single-celled organisms. Researchers have found that these cells have theRead MoreIntel s Background On Computer Technology Industry Essay1586 Words   |  7 Pagesattention and using only conflict-free minerals in their products.    Intel has made great strides to improve their impact on sustainability by reinventing their product packaging and partnering with suppliers in their supply chain that have the same environmental goals. The company is committed to remaining transparent in their audits and insists on their goal of being a company that can provide a positive impact on our world.   Intel’s Supply Chain As a pioneer and leader in IT industry, Intel IT is working

Financial Reporting and Analysis System †Free Samples to Students

Question: Discuss about the Financial Reporting and Analysis System. Answer: Introduction The analysis and interpretation of financial position of a business entity is essential for the end-users such as investors and creditors for taking accurate investment decisions. As such, the report discusses and analyses the findings obtained from financial analysis of two ASX listed companies operating in the same sector in Australia. The companies selected for the purpose are ERM Energy and Pacific Energy Limited. The reports present the findings interpreted from the horizontal, vertical and ratio analysis of both the companies. It also provides recommendations to the investors regarding their potential investment decision based on their financial performances. The limitations of the investment decisions based on the financial statements analysis is also discussed in the report. The investment decision recommend is also supported from the CSR performance of both the companies. Financial ratio analysis and interpretation The financial ratio analysis is an important tool in analysing and examining the financial performance of both the companies. The analysis will help the end-users in making decisions relating to their investment in either of two companies (Stickney et al., 2009). The results interpreted from the financial ratio analysis of both the companies can be discussed as follows: The profitability ratio helps in evaluating the earnings realised by a company as compared to the expenses incurred during a specific period of time (Weygandt, Kieso and Kimmel, 2010). The profitability position of both the companies is analysed through the calculation of the following ratios: Return on Equity: The return on equity ratio measures the efficiency of a company in generating earnings in comparison to the investment incurred. The return on equity ratio of Pacific Energy Limited is 11.9% and of ERM Power Limited is 9% and therefore it can be said that ROE of Pacific Energy is better than ERM Energy. Return on Assets: The ratio measures the profit or loss realised by a company from its overall assets. The return on assets of Pacific Energy Limited is 8.58% which is far better than that of ERM Energy of 3.31%. Profit Margin: The profit margin ratio depicts the profit realised by a company in comparison to the sales revenue. The profit margin of Pacific Energy is 31.37% as compared to ERM Energy of 1.3%. Cash Flow to Sales Ratio: The ratio measures the net cash flow realised by a company in comparison to the sales revenue. The ratio of Pacific Energy Limited is 68.63% as compared to ERM Energy of 4.34% (Morning Star, 2017). The asset efficiency ratio indicates the efficiency of a company in using its asset base in generating revenue. It can be measured through the calculation of the following ratios: Asset Turnover ratio: The asset turnover ratio provides an analysis of sales revenue realised by a company through its overall asset base. The asset turnover ratio of ERM Energy is 2.55 % that is better in comparison to Pacific Energy Limited of 0.27%. Days Debtors: The ratio measures the average number of days taken by the debtors in repaying the amount taken by them. It can be said that debtor days of Pacific Energy is 46.52 and is better than that of ERM Energy of 36.25. Times Debtors Turnover: The ratio helps in measuring the effectiveness of a company in collecting its outstanding debts. It can be said from this ratio analysis of both the companies that times debtor turnover of Pacific Energy is 7.85 and is better than ERM Energy of 10.07. The liquidity ratio measures the ability of a company to meet its debt obligations. The liquidity position of both the companies is compared through the following formulas: Current Ratio: The ratio compared the current assets of a company in comparison to the current liabilities. The current ratio of Pacific Energy is 1.17 and that of ERM Energy is 1.68. Quick Ratio: The quick ratio measures the current assets of a company that can be converted quickly into cash in comparison to its current liabilities. The quick ratio of ERM Energy is 1.63 that is far better than hat of Pacific Energy of 1.08 Cash Flow Ratio: The ratio depicts the net cash flow realised by a company from its operating activities in comparison to the current liabilities. The cash flow ratio of ERM Energy of 28.41 is far better than that of Pacific energy of 2.92. Capital Structure Ratios The capital structure ratio of a company provides analysis of its debt and equity structure (Ernst and Hcker, 2012). It is assessed for the both the companies through the calculation of the following ratios: Debt to equity ratio: The ratio depicts the total liabilities of a company in comparison to its total equity. The debt to equity ratio of ERM Energy is 162.77% as compared to that of Pacific energy of 42.34%. Debt Ratio: The ratio provides an analysis of total liabilities of a company in comparison to the total assets. The debt ratio of ERM Energy is 61.94% that is better in comparison to Pacific Energy of 29%. Equity Ratio: The ratio depicts the total equity of a company in comparison to the overall asset base. The equity ratio of Pacific Energy is 70.62% as compared to ERM Energy of 38.06%. Interest Coverage Ratio: The ratio depicts the EBIT realised by a company in comparison to overall financing costs. The interest coverage ratio of Pacific Energy is 11.5% as compared to ERM Energy of 2.84%. Debt Coverage Ratio: It measures the non-current liabilities of company in comparison to the overall cash flow realised from the operational activities. The ratio of Pacific Energy is 131.43% as compared to ERM Energy of 2.88% (ERM: Annual Report, 2016). It can be said from the analysis of financial position of both the companies that investors should invest in Pacific Energy Limited as compared to ERM Energy. The Pacific Energy has better capital structure and also is providing larger profits as compared to ERM Energy. The Pacific Energy though doe snot possesses good liquidity position in comparison to ERM Energy but its asset efficiency and cash flows is better than that of ERM. The main shortcomings of investment decision based on financial statement analysis area s follows: It is mainly based on ratio analysis that is has several limitations It has not incorporated the use of non-financial information such as social and environmental performance for decision-making The investment decisions are based on expected cash flows and thus doe not provide accurate financial information (Palepu et al., 2007). Thus, as such investors should also rely on information obtained from other source such as non-financial information for their investment decisions. As such, the comparison of CSR (Corporate Sustainability Report) of both the companies will help in making better investment decisions. The energy companies operating in Australia are presently emphasizing to a large extent on improving their social and environmental performance to achieve sustainable growth and development. It can be analyzed from the sustainability report of ERM Energy that the company is taking active steps in promoting the social and environmental development. The company has actively contributing in carrying of the vents such as UN Sustainable Development Summit and UN Climate Change Conference in Paris. In addition to this, the company has also implemented effective strategies for minimizing the carbon emissions and overcoming the depletion of natural resources in order to promote its sustainable growth. The compan y is actively working with global clients to support the sustainable growth of local communities globally. The company has also developed ERM foundation in order to align its strategic objectives as per the GRIs G4 Sustainability Reporting Guidelines (ERM publishes its 2016 Sustainability Report, 2016). On the other hand, Pacific Energy is also placing emphasis on improving its sustainability performance through adopting strategies for reducing the greenhouse gas emissions in development of its energy products. The company has placed achieving improved environmental performance and energy efficiency as its major strategic goals for promoting the social and environmental development. The company is also attributed to be a recognized leader in developing clean burn technology. Therefore, it can be said although both the companies are implementing strategies for improving the sustainable performance but ERM is performing better on the basis of sustainability perspectives. The Pacific Energy Limited has not disclosed its CSR reports and therefore investors re recommend investing in ERM as it has provided larger information reading its social and environmental performance (Pacific Energy, 2017). Limitations of financial ratio analysis and non-financial information of an entity The financial ratio analysis through supports the decision-making process of investors by providing an insight into the present and future financial condition of a business entity has also some limitations. The ratio analysis helps the investors in comparing the financial position of different business entities but sometimes the results obtained from its use is not accurate due to some limitations of the method. The major limitation of ratio analysis is that some results obtained from the method are based on historical data and some on current financial data (Gibson, 2010). For example, the income statements report some financial elements on the current costs while in balance sheet some information is stated on historical cost. As such, the ratio analysis can provide unusual financial results. Also, the use of only non-financial information in decision-making has a major problem that it does not depict the future performance of an entity in absence of accounting estimations and predi ctions (Weil, Schipper and Francis, 2013). Conclusion It can be inferred from the overall report that end-users should integrate the use of both financial and non-financial information in making investment decisions. References Annual Report. 2016. ERM Limited. ERM publishes its 2016 Sustainability Report. 2016. [Online]. Available at: https://www.erm.com/en/news-events/news/erm-publishes-its-sustainability-report-2016/ [Accessed on: 7 October, 2017]. Ernst, D. and Hcker, J. 2012. Applied International Corporate Finance. Vahlen. Gibson, C. 2010. Financial Reporting and Analysis: Using Financial Accounting Information. Cengage Learning. Morning Star. 2017. Pacific Energy Ltd PEA. [Online]. Available at: https://financials.morningstar.com/balance-sheet/bs.html?t=PEAregion=ausculture=en-US [Accessed on: 7 October, 2017]. Pacific Energy. 2017. Green Energy. [Online]. Available at: https://pacificenergy.net/green-energy [Accessed on: 7 October, 2017]. Palepu, K. et al. 2007. Business Analysis and Valuation: Text and Cases. Cengage Learning EMEA. Stickney, C.P. et al. 2009. Financial Accounting: An Introduction to Concepts, Methods and Uses. Cengage Learning. Weil, R., Schipper, K. and Francis, J. 2013. Financial Accounting: An Introduction to Concepts, Methods and Uses. Cengage Learning. Weygandt, J., Kieso, D.E. and Kimmel, P.D. 2010. Financial Accounting: IFRS. John Wiley Sons.

Master of global knowledge - free sample - MyAssignmenthelp.com

Question: Discuss about the Master of global knowledge. Answer: Introduction: Knowledge is expanded breaking every borders of Australia and education has gained its incredibility in the international context. Educational policies are implemented to help the spreading of economy of knowledge from demanding industries towards other primary industries so that the global mobility regarding knowledge among the staffs increase (Spring, 2014). The chosen concepts on educational policy practice and global knowledge co-constructions are: Digital literacy Globalizing education policy Researching education Using collaborative tools to co-construct knowledge Enhancing critical thinking in learning environment The above chosen concepts clearly depict about the educational policy practice and global knowledge co-construction. These concepts provide an insight about educational policy practice and global knowledge co-construction in a broader concept (Wright, 2015). It is known that educational policy is changing or evolving in the countries like Australia and that is why the governments are evaluating the provisions of education in the countries and adapting changes in their educational policies following the other countries perspective as well. The policies does not highlight the importance of mutual learning and that is why it can be said that there is a need of global knowledge co-construction to expand the need of education across the globe (Fulcher, 2015). These concepts highlight the fact that links educational policy practice with global knowledge co-constructions. Digital literacy is very important for the current world and it can be hence said that the importance of digitalized lea rning involves more learners to get attracted and along with them the government to bring innovative digitalization in educational policies of the countries. Policy is not a very old trend in the field of academics and its emergence in the democratic countries replaced the existing approaches (Priestley Biesta, 2013). Educational policies has become a global concept and its implementation takes place in almost every countries as the government innovates policies to assess the effectiveness of the policies as well. Educational policies are implemented across the world in many ways. Researching education is a concept that highlights that there is always a difference of how parents and teachers teach the children and that are in matters of concepts, attitudes or process but the difference remains (Portnoi, 2016). Implementing proper educational policy results in improvement of teachers cooperation among the students and involvement of the students with the teachers as well. Implementing policy knowledge will help in increasing educational competition in the education of the countries. Education comprises of knowledge construction and expanding it in a global context there is a need of educational policy (Khan, 2014). It must also be noted that good policies always have a better result and that is why practice of good education policy is very important for every country. Educational policies bring clarity in the education system and the student gets more adequate of learning. Educational policy helps in enhancement of knowledge for everyone and currently almost every country is considering the same. Every country needs implication of a proper educational policy so that the economy of the country is increased due to the availability of jobs (Shapiro, 2015). There is always requirement of educational policy for enhancing global knowledge. Definitions of concepts: Digital literacy: digital literacy is a type of literacy includes participation of the country in enhancing knowledge by using digital ways like smart phones, tablets and similar things. this form of education is practised in many countries and the rest of the countries can also add this to their educational policy so that the education system can be expanded and positive competition is present (Knight, 2015). The ability of this digital literacy is to introduce knowledge in an expanded and global manner and implementing of educational policy helps the country to initiate digital literacy in their education system. Globalizing educational policy: globalizing of educational policy is very important and this is because though the concept of globalization does not rely on any one objective but the concept of globalization is always context-specific (Stromquist Monkman, 2014). Democratic globalization always impacts on education and that is why there is a need of globalizing the educational policies so that every country evaluates the system of education and design it properly so that no further problem is found in the education system. Good educational policies result in good economy of the country in future days. With proper educational policy, a country can prosper in various ways and the problem of illiteracy can be demolished (Chodubski, 2013). Researching education: researching education is another important topic required both for practising educational policy and for globalizing knowledge as there is always a difference found in between how the teachers teach the students and how a parent teaches something to the child. Researching education provides the result of what is lacking and how it can be achieved by implementing proper policies (Peters, 2015). Research in education helps the country to have a brief knowledge of the existing education system and plan for changes in the system for better future. This is a very necessary concept for practising educational policy in a country and help in improving their economic condition (Green et al., 2016). Using collaborative tools to co-construct knowledge: this helps in creation of innovative skills and enhances education of a country. The tools bring flexibility in the system of policy implementation. Collaborative tools like the online learning system or the online applications for learning help to reduce the barrier for those students, who are unable to gather information and learn (BRAnDEnBURG De Wit, 2015). Online learning can be a method implemented as a policy so that the country can have its focus on improving the education system. Collaborative tools also helps the country to expand their educational system to another country, precisely, it helps in globalizing the education system and even implement changes in the educational policy. Enhancing critical thinking in learning environment: enhancing critical thinking in the process of educational policy implementation is very important stage to proceed towards expanding of knowledge in a global context (Altbach, 2015). Critical thinking is always an important thing for the learning system and education needs considering of critical thinking to broaden it in a proper way. Expanding education can be easier with the help of critical thinking. Education system of every country needs to focus on critical thinking to help the student get adequate knowledge and expand its stems as well. Conceptual similarities/ contrasts: The concepts mentioned in the previous assignments were: Quality and equity Fostering leadership and creating positive environment Learning process and collaboration Better policies and knowledge enhancement Transparency and capability of students It was seen that the increasing eminence of the educational policies has an aim of learning and the learning is often the programme that emerges the idea of development of knowledge. For creation of a knowledge society for the future, it is very important to have collaborative efforts. Educational policy creates link between the knowledge and learning process. It was also found that challenges in implementing education policies are globally seen. The previously used concepts depict the fact that many wide policies is still lacking effectiveness and that must be changed. Human resources management should combine with education process and incorporate competencies that will clear the career objectives for individuals. Education is a basic right and there must be certain educational policies that provide education facility to every individual (Hazelkorn, 2015). Educational policy which is unbiased for all must be the basic concern of every country. The educational policy must include ef fective teaching and leadership so that the system can be able to compete with other education system of various countries. Whereas, the concepts discussed in this paper highlights the importance of the chosen concepts in linking educational policies and constructing knowledge on a global basis (Hazelkorn, 2015). The concepts are interrelated to each other and clearly note how education policies help education system of a certain country and how education can be expanded globally. Though The chosen policies do not always display the importance of mutual learning this makes it the reason for which it can be said that there is a need of global knowledge co-construction for expanding the need of education across the globe. Justified educational policies result in increasing economy of the country in future days. With proper educational policy, a country can prosper in various ways and the problem of illiteracy can be forbidden. The impact of digital literacy introduce knowledge in an e xpanded and global manner and along with that implementing of educational policy helps the country to initiate the concept of digital literacy in their education system (Hazelkorn, 2015). It is thought to be easier to expand knowledge by utilizing collaborative tools because those Collaborative tools like the online learning system or the online applications for learning helps in reducing the barrier of knowledge gap for those students, who are unable to gather information about certain things and learn (Rumbley Altbach, 2016). Education is always a matter of concern for every country and it must be taken into consideration by implementing certain policies which help it get better and those policies will also help in expanding education on a global basis for increasing the knowledge construction for every country. The concepts of previous and this paper may have dissimilarities but they individually highlight educational policy practice and global knowledge co-construction in a sep arate manner and also clarify the interrelationship between the duos which is incomplete without each other. Concept review: Active education policies are mainly linked with globalization, which expands to cross border and flow among people, in forms of ideas, concepts, functions and technology. Co construction of globalization knowledge and globalizing of education is an obvious activity that has led to shift away from predominantly the particular education system that a country has to a multi scalar, expanded and distributive kind of education which involves new and critical thinking about knowledge creation, expansion and distribution (Hazelkorn, 2015). New form of knowledge is highly demanded by countries by merging the old social structure of country with the present globalization process and this concept helps in understanding a new study of world in a expanded and better way. It was argued by some authors that transformation of modern calls of globally is related to rethinking of social sciences and humanities. The effective Study of social sciences is linked by globalization and the preferred devel opment of other sciences can be shaped by engraved assumptions held on a national ground (Ordorika Lloyd, 2015). Tools that were available earlier and were used in education are no longer fit for present education purpose and that is why it becomes difficult to understand the inter relationship between knowledge of globe and social structures of a country. By Relating to the interrelationship between the social structure of any educational institution of any particular country and co construction of knowledge on a global basis has become difficult due to the problems. The concepts of global knowledge co construction and educational policy practices are not completely able to refer to the present global essentials that relates to sustainability in a countrys education system. Expanding education is a particular form of globalization that on a continuous reinforcing of the undercover system of thinking and they seem to be inevitable on the impactful courses along with the fate of education system in a country(Wright McLeod, 2014). Conclusion: Hence, it can be concluded from the above that, implementing of Educational policies is presently a global concept and its implementation takes place in almost every countries, as the government is always willing to innovate policies that address and assess the effectiveness of the policies as well. However, the policies do not always highlight the importance of mutual learning and that is why it can be said that there is a need of global knowledge co-construction to expand the need of education across the globe. Proper educational policies result in good economy of the country in future days. With proper educational policy, a country can prosper in various ways and the problem of illiteracy can be forbidden. The importance of digital literacy is to introduce knowledge in an expanded and global manner and implementing of educational policy helps the country to initiate digital literacy in their education system. It will be easier to expand knowledge by using collaborative tools as Co llaborative tools like the online learning system or the online applications for learning help to reduce the barrier for those students, who are unable to gather information and learn. Online learning can be a method implemented as a policy so that the country can have its focus on improving the education system. Implementing proper educational policy results in improvement of teachers cooperation among the students and involvement of the students with the teachers as well. Implementing policy knowledge will help in increasing the advantage of educational competition in the system of all the countries. References: Altbach, P. (2015). 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