Thursday, December 26, 2019

Give an Example of an Asset That Is Not Recorded on a...

Word Count: 990 Give an example of an asset that is not recorded on a balance sheet, and critically evaluate why it is not, before developing an argument for the inclusion of the asset. Whether or not certain assets and liabilities should be placed on a balance sheet is a much talked about subject. The accounting equation, Assets – Liabilities = Ownership Interest, represents the balance sheet; which is produced each year in a Public Limited Company’s financial statement; which can be viewed by the public. I will use this essay to discuss why the asset of a ‘home-grown’ football player, a player who signs as a trainee with a professional club under the age of 16, is not included in the balance sheet of the company. According to†¦show more content†¦This topic has been thoroughly assessed to try and include such an asset on a balance sheet of a football club. A University of Leeds lecturer, Dr. Gerrard carried out some academic research into the topic and created a formula which ‘takes into account players ages, experience, international recognition, goal-scoring ability and the size and status of the club’ (University of Leeds, 2002) to try and enable the players’ skill to be seen on a balance sheet. This is also very important to a club, as they want to show all of their assets to potential investors; in a time where more and more clubs are falling into administration. In my opinion, the players of a football club are its biggest asset. The consumers of the service provided by the entity are the fans; and I am sure the majority would tell you the names they sing on the terraces are the biggest asset of the club. Again, take David Beckham as an example. In 1999 he was part of a team who won three major competitions including the UEFA Champions League, playing in 31 games and scoring six goals (National Football teams,2004); yet he is not included on the balance sheet. Looking at the financial statements of Arsenal Holdings Plc it shows no football player as an asset in the balance sheet. It seems foolish not to include an individual as it is a way to show off the competent employees the entity has, to potential investors. The transferShow MoreRelatedAdjusting Entries14033 Words   |  57 Pagescritical thinking skills in accounting by allowing them to determine if various correcting entries should be made, and what the effects of those transactions will be on the company’s financial statements. Second, the case improves students’ ability to evaluate ethical consequences by introducing them to conflicting incentives regarding those corrections: the obligation to provide investors with high-quality financial statements that fairly present the company’s financial position versus the pressure toRead MoreWaste Management33554 Words   |  135 Pagesbankruptcy in 2002 later claimed the record). ÂÆ'ÂÆ' Enron engaged in very aggre ssive accounting approaches, including the establishment of special purpose entities (SPEs), the intent of which appears to have been simply to move debt off the company’s balance sheet and enhance profits. ÂÆ'ÂÆ' Enron began as a natural gas pipeline company, when Houston Natural Gas and InterNorth of Omaha, Nebraska merged in 1985. The company eventually morphed into a speculative energy and commodity trading company, often actingRead MoreTeaching Notes Robert Grant - Strategy 4th Edition51665 Words   |  207 Pagesstudents in the positions of senior managers. However, probably the most important learning comes from the understanding that students gain of the strategic circumstances of companies and the rationale for the strategies that they adopt. †¢ Our aim in developing these cases has been to reconcile richness and brevity. By focusing the case around a limited number of issues, we have attempted to keep the cases down to less than 25 pages, including all table s and exhibits. Inevitably this places limits on theRead MoreAcca F5111177 Words   |  445 Pages PAPER F5 PERFORMANCE MANAGEMENT P R A C T I C E R E V I S I O N K I T In this January 2010 new edition We discuss the best strategies for revising and taking your ACCA exams We show you how to be well prepared for your exam We give you lots of great guidance on tackling questions We show you how you can build your own exams We provide you with three mock exams including the December 2009 exam We provide the ACCA examiner s answers as well as our own to the June and December 2009 examsRead MoreMonte Carlo Simulation218872 Words   |  876 Pagesand for a short course at Aarhus University. These classes have been attended by masters and doctoral students in engineering, the mathematical and physical sciences, and ï ¬ nance. The selection of topics has also been inï ¬â€šuenced by my experiences in developing and delivering professional training courses with Mark Broadie, often in collaboration with Leif Andersen and Phelim Boyle. The opportunity to discuss the use of Monte Carlo methods in the derivatives industry with practitioners and colleagues has Read MoreCase Study148348 Words   |  594 PagesLeadership and Strategic Change The Practice of Strategy Pages 30 37 47 59 69 79 88 99 108 115 122 132 144 150 162 Case Teaching Notes The LEGO Group: Working with Strategy The Global Pharmaceutical Industry: Swallowing a Bitter Pill Vodafone: Developing a Total Communications Strategy in the UK Market European Tour Operators: Confronting Competition in the Tourism Industry Evolution and Revolution in the Hi-Fi Sector Amazon.com ï £ ©2007 - Early 2009 The Formula 1 Constructors Web Reservations International:Read MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesManaging Change 121 121 147 147 Text 3. Why Organizations Change Text Cohen †¢ Effective Behavior in Organizations, Seventh Edition 14. Initiating Change 174 174 Text iii Cases 221 221 225 The Consolidated Life Case: Caught Between Corporate Cultures Who’s in Charge? (The)(Jim)(Davis)(Case) Morin−Jarrell †¢ Driving Shareholder Value I. Valuation 229 229 253 279 1. The Value−Based Management Framework: An Overview 2. Why Value Value? 4. The Value Manager HarvardRead MoreStrategic Marketing Management337596 Words   |  1351 Pagesis available from the Library of Congress ISBN 0 7506 5938 6 For information on all Elsevier Butterworth-Heinemann publications visit our website at http:/ /books.elsevier.com Printed and bound in Italy Working together to grow libraries in developing countries www.elsevier.com | www.bookaid.org | www.sabre.org Contents Preface Overview of the book’s structure 1 Introduction 1.1 1.2 1.3 1.4 1.5 1.6 Learning objectives The nature of marketing The management process Strategic decisionsRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesqxd 22/10/2007 11:54 Page 598 ECS8C_C01.qxd 22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategicRead MoreFundamentals of Hrm263904 Words   |  1056 Pagestheir course more effectively with assessment, assignments, grade tracking, and more manage time better study smarter save money From multiple study paths, to self-assessment, to a wealth of interactive visual and audio resources, WileyPLUS gives you everything you need to personalize the teaching and learning experience.  » F i n d o u t h ow t o M A K E I T YO U R S  » www.wileyplus.com ALL THE HELP, RESOURCES, AND PERSONAL SUPPORT YOU AND YOUR STUDENTS NEED! 2-Minute Tutorials and

Wednesday, December 18, 2019

The Financial Crisis Of 2007 - 1982 Words

Introduction The financial crisis of 2007 arose when banks, such as HSBC announced losses due to mortgages in the US housing market (BBC News - Global recession timeline, 2016). The crisis had a global impact as financial systems are interconnected. This crisis had huge impacts in many countries. In fact, in 2009, the UK Chancellor, Alistair Darling announced that the UK had a record debt of  £175 billion (BBC NEWS | UK | UK Politics | Tax rise as UK debt hits record, 2016). This report will analyze this Financial Crisis. Firstly, the reasons for which the banks failed will be discussed and the future of such failing banks will then be analyzed. This report will then examine how to avoid a similar crisis in the future and the current and future legal regulations of the banking system. Reasons for Banks Failure The financial crisis of 2007 is well thought off by numerous economists to have been the biggest financial crisis since the Great Depression of the 1930s. Mortgage is one of the reasons why the bank crisis occurred. The banking crisis happened because the mortgages broker had no encouragement to determine the risk of the loans (imf.org, 2016). They were long-term loans expressed by the Bank or Building Society from depositor properties protected on physical asset. The risk is estimated on foundation of house owner’s capability to pay the allowance such as job prospects etc. The idiom Big Bang, used in reference to the unexpected deregulation of financialShow MoreRelatedThe Financial Crisis Of 2007 Essay1676 Words   |  7 Pagesyears after it began? Many people didn’t see it coming. But what’s worse is that the people that did see it coming, contributed to it. Yes. They fueled this mess. And now we can’t get out of it. This is the financial crisis of 200 7 . Let’s dig in to where it all began. The subprime mortgage crisis was a result of mortgage brokers selling mortgage products to people with terrible credit, no down payments for the house, no stable income into the home, and basically no nothing instead of selling it toRead MoreThe Financial Crisis Of 20072289 Words   |  10 Pages Financial Crisis of 2007 How an attempt to avoid a bubble, led to a crash that brought a country near to complete collapse. Essay for Mn2101 Financial Management by Shreya Lodhia 139030749. Word count: 2172 (2214- including titles/headings/subheadings.) CONTENTS ï  ¶ Introduction 2 ï  ¶ Causes of the crash 3 ï  ¶ Effects today 6 ï  ¶ Why interest rates are low 8 ï  ¶ Future of the interest rates 9 ï  ¶ Conclusion 10 ï  ¶ References 11 ï  ¶ Appendix 14 â€Æ'Read MoreThe Financial Crisis Of 20071646 Words   |  7 PagesThe most recent financial crisis of 2007 was felt throughout the world, and brought about huge economic consequences that are still being felt to this day. Within the United States, the crisis undoubtedly resulted in a surge in poverty and unemployment, a significant drop in consumption, and the loss of trust in the capitalist economic system. Because of globalization, this crisis was felt through the intertwined global markets, affecting underdeveloped countries even more. Historical eventsRead MoreThe Financial Crisis Of 20071510 Words   |  7 Pages 3.1 Background information In the words of Goodhart (2008), â€Å"the banking crisis of 2007 was seen in advance† (Goodhart, 2008). This is a result of many different factors. To begin with, between 2001 and 2005, there were very low interest rates, particularly in China due to the Asian crisis of the late 1990s. Because of this financial crisis, many people across Asia were saving instead of investing their money. In order to encourage people to invest in the economy, the interest rates had to plummetRead MoreThe Financial Crisis Of 2007-20091490 Words   |  6 PagesThe financial crisis of 2007-2009 resulted from a variety of external factors and market incentives, in combination with the housing price bubble in the United States. When high levels of bank and consumer leverage appeared, rising consumption caused increasingly risky lending, shown in the laxity in the standard of securities screening and riskier mortgages. As a consequence, the high default rate of these risky subprime mortgages incur red the burst of the housing bubble and increased defaultsRead MoreThe Financial Crisis Of 2007-20081389 Words   |  6 PagesOne of the most devastating aspects of the financial crisis of 2007-2008 to middle-class America was the crash of the housing market. Millions of Americans were affected and faced foreclosures on homes that were purchased with subprime mortgages. The impact of these mortgages varied state to state. Nevada, one of the countries leading tourist destinations, led the market in foreclosure rates and housing appraisal drops. The government s false sense of security in regards to the economy and theRead More2007-2008 Financial Crisis1327 Words   |  6 PagesThe Global Financial Crisis of 2007-2008 The Global Financial Crisis 2007-2008 Economists and scholars spend years dissecting financial markets and evaluating the causes of booms and busts. Throughout United States history there have been multiple economic booms that were underestimated and followed by recessions. In the situation of the 2007-2008 global financial crisis many culprits have been identified as causes, such as loose monetary policy, credit booms, deregulation, over complexity,Read MoreThe Financial Crisis Of 2007-2008994 Words   |  4 Pages The subprime financial crisis of 2007-2008 was brought on by much more than unethical traders. It consisted of multiple variables: the deterioration in financial institutions’ balance sheets, asset price decline, increase in interest rates, and an increase in market ambiguity. This in turn led to the worsening of the adverse selection and moral hazard situation in the market, which led to a decline in economic activity, bringing forth the banking crisis. After the banking crisis, an unanticipatedRead MoreThe Financial Crisis Of 2007 / 2008 Essay808 Words   |  4 PagesThe financial crisis of 2007/2008 had a negative impact on the UK economy, resulting in low growth and high level of unemployment while inflation constantly remained above the 2% target. In those extraordinary circumstances focus of monetary policy had to be on growth rather than reaching inflation target, resulting in gradual reduction of the Bank rate from 5.75% in middle of 2007 to its lowest level of 0.5% in the beginning of 2009 (BoE, 2014). Although, a low interest rate led to significant depreciationRead MoreThe Financial Crisis of 2007-2009526 Words   |  2 Pagesfar the worst financial crisis that it has ever encountered, which was called The Great Depression, but the second worst was not that long ago. During the Financial Crisis of 2007-2009 the United States had a chain of banking failures and a tremendous growth of liability in the federal budget. However, the government had stepped in to prevent some of these failures and through this the concept of â€Å"Too Big To Fail† was created. â€Å"Too Big To Fail† is a concept where a business or financial institution

Tuesday, December 10, 2019

Marking and Assessment

Question: Cover the assignment requirement and use the appendix provided within the assignment paper to do the same. Part A: Extenuating CircumstancesIf there are any exceptional circumstances that may have affected your ability to undertake or submit this assignment, make sure you contact the Advice Centre on your campus prior to your submission deadline.Fit to sit policy: The University operates a fit to sit policy whereby you, in submitting or presenting yourself for an assessment, are declaring that you are fit to sit the assessment. You cannot subsequently claim that your performance in this assessment was affected by extenuating factors. Plagiarism and Unfair Practice Declaration: By submitting this assessment, you declare that it is your own work and that the sources of information and material you have used (including the internet) have been fully identified and properly acknowledged as required . Additionally, the work presented has not been submitted for any other assessment. You also understand that the Faculty reserves the right to investigate allegations of plagiarism or unfair practice which, if proven, could result in a fail in this assessment and may affect your progress.You are required to acknowledge that you have read the above statements by writing your student number (s) in the box: Part B: Marking and Assessment The company should be a mock company from one of the following sectors:- Oil or chemical production Construction ManufacturingFor those lacking industrial experience, youtube provides a number of factory tour type videos that provide an overview of the equipment and processes used that could form the basis of your mock company. Task 1: Literature Review and Research: i. Review your chosen case study company, with respect to the details of the company processed, their activities in relation to HS and their current Health and Safety Policy Statement / Management Systemii. Review the requirements of OHSAS 18001 and associated legislation which affects your chosen companyiii. Review possible methods for undertaking Initial Status Reviews Task 2: Using a technique of your choice undertake an Initial Status Task 3: Evaluate the current company Health and Safety Policy Statement, making and discussing recommendations for change. Task 4: Based on your ISR results, outline a project plan for the company to address certification to OHSAS1 18001.Task 5: Critically reflect and evaluate the use of initial status reviews, within the framework of developing a health and safety management system. Task 6: Produce a detailed report covering the above. Answer Introduction Koza (2012) commented on the fact that the health and safety policies within an organization are essential to ensure the safety of the employees. It is seen statically that the better will be these policies, the more the employees will be safe in the organization. Within the manufacturing organization health and safety measures are essential at every step to ensure whether all the machineries are working well and the employees are maintaining hygiene factors within it (Simons, Leroy and Savage, 2011). According to the opinion of Kuo (2013) the health and safety measures provides information, training and instruction to the employees regarding carrying out tasks without facing any hazard. It can be said that the occupational health and safety measures are taken to prevent the employees from facing industrial hazards. Literature Review and Research a) Health and Safety Statement and management system of Occupants Manufacturing According to the opinion of Landesman (2012) Occupants Manufacturing is totally an ethical based company that deals with the manufacturing of steels that is used by the several construction companies. The management system of Occupants Manufacturing is strict enough and it sticks to the industrial health and safety statements to the maximum extent (Gordon, Mendenhall and O'Connor, 2013). The goals of this organization are to provide the workers with a safe environment as well as in providing personal equipments that will be helping in safeguarding the employees to the maximum extent. Perry (2013) commented on the essential fact that proper trainings are also given to the employees to make sure of their personal safe guards. The current safety measurements take into account a proper dressing while manufacturing the steel. As mentioned by Rainer (2013) safety goggles, fire proof clothes along with gloves and ear plugs are need to be given to the employees in order to safeguard them from industrial accidents. Moreover, the machineries are oiled and frequently checked regarding their operations and also are maintained time to time. In addition to this, Reveley (2011) also commented that before giving employment to the workers, initially the employers had to undergo medical tests for color blindness, asthma, hear diseases etc. that are associated with manufacturing sector. This is because; these diseases if present cannot be employees in the manufacturing sector as it will be violating the Health and Safety measures. Simons, Leroy and Savage (2011) also commented that within the organization, diverse culture prevails, so it is the responsibility of the management team to stayed complied with the rules and regulations of the organization. Periodic reviews of the working culture of the organization are also done to ensure the safety within the workplace. b) Requirements of OHSAS 18001 along with associated legislation Badri, Gbodossou and Nadeau (2012) presumed that in order to develop the OHSAS 18001 and associated legislation within the company various requirements required. Following table demonstrates the key requirements for establishing an OHSAS 18001and associated legislation for the Occupants Manufacturing Requirements Description General Requirements For developing the OHSAS 18001 need to develop the occupational health and safety management system. Apart from that, the management of the Occupants Manufacturing has to implement the occupational health and safety management system (Gordon, Mendenhall and O'Connor, 2013). Moreover, the company has to maintain the occupational health and safety management system and also improve the occupational health and safety management system (Chalupka, 2012). Policy Requirements For developing the OHSAS 18001 within the business process of Occupants Manufacturing, organisation has to define the health and safety policy with proper documentation and implement the entire policy within their organisational process (Devkota and Buerck, 2012). Planning Requirements For planning of the operational process, organisation have to identify the OHSAS 18001 hazards as well as assess the risk. Apart from that, need to develop the procedure of examining and assessing the risk (Donnelly, 2012). Moreover, Occupants Manufacturing have to establish the process as well as procedure for identifying the legal and non-legal requirements of OHSAS 18001for the application of operational process (Simons, Leroy and Savage, 2011). Implementation Requirement For implementation, need to ask to the top management for appropriate OHSAS 18001 and its associated legal requirement (Fisenne, 2012). Checking Requirements Monitoring and controlling is the key aspects of fulfilling criteria of operational process for any organisation. Therefore, Occupants Manufacturing has to develop the monitoring procedure as well as measurement options (Friedman, Savage and Goes, 2012). Review Requirements In order to implement the OHSAS 18001, need to review through examining the inputs and outputs (Gordon, Mendenhall and O'Connor, 2013). c) Possible methods for undertaking Initial Status Review (ISR) Gordon, Mendenhall and O'Connor (2013) argued that initial status review is the first and most important stage for management system. Through the initial status review, management of the Occupants Manufacturing is able to understand the entire operation in terms of influencing the decision scope (Simons, Leroy and Savage, 2011). It is also serve the manufacturing baseline for the occupational management performance within the business process of Occupants Manufacturing In order to undertake the Initial Status Review (ISR) methodology of health and safety performance is required off all the participants (Hall, 2012). Apart from that, the baseline of the architecture regarding future performance as well as standards also has to be measured by the following (Kotlas, 2011). The consultant of the occupants company has to employ the ADAS model and aim to evaluate the overall impacts. Safety Policy is an appropriate method for undertaking the Initial Status Review that states the terms of management approach to safety and health. Need to maintain the procedure for communicating and implementing at all the levels for organization (Gordon, Mendenhall and O'Connor, 2013). Methods: During the everyday work at Occupants Manufacturing, the organization is always trying to diminish accidents as well as risks in the workplace. Under such circumstances, enhancement of safety and health elements in addition to management system is an indispensable aspect (Sullivan, 2012). However, it is essential to be acquainted with what the preliminary safety and health status of the organization is prior to going for OHSA1 18001. In this section of the study, the safety and health activities of Occupants Manufacturing is assessed with considering several aspects of safety as well as health (Simons, Leroy and Savage, 2011). The review is done through pressing the check mark for all the questions under 16 various aspects. For each of these questions, there are three options, such as Yes, No and Partly. Answer to each question as 'Yes' is assigned to 1 mark. Similarly, 1/2 point will be assigned for 'Partly' and 0 points for 'No' answer (Yamamoto, 2013). After the completion of all 10 subparts, the total score will be checked using a checklist. Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 1: Safety Policy Particulars Yes No Partly Occupants Manufacturing has proper safety policy [written format] * Senior management has signed the safety policy * Occupational health and safety have been dealt with care * Management of the organization motivated employees to follow health and safety rules * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 2: Safety Organisation Particulars Yes No Partly Occupants Manufacturing has clear safety organization chart * Responsibility of OHS members are clearly defined * Management is solely responsible for OHS issues * OHS rules and regulations are clearly explained towards employees * Total Score 1and 1/2 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 3: Safety Committee Particulars Yes No Partly Occupants Manufacturing has defined safety committee * Duties of safety committee have been clearly identified * The safety committee has reviewed past incidents * There are other groups that dealt with safety issues * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 4: Safety Training Particulars Yes No Partly Proper training has been provided towards every employee * Specified OHS training has been provided towards supervisor * Safety committee also has the proper training * OHS related information has been mentioned in workplace * Total Score 4 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 5: Promotion of health and safety awareness Particulars Yes No Partly Proper promotional plan has been implemented * OHS poster are displayed at workplace * Both safety committee as well as management are actively involved in the promotional campaign * Employees are actively involved in the promotional campaign * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 6: In house safety rules Particulars Yes No Partly Basic safety rules are explained towards all employees * Employees have the proper idea about safety rules * Specific rules for complex jobs are also established * Safety rules are enforced appropriately * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 7: Assessment of job related hazards Particulars Yes No Partly Organization has followed risk assessment methods to identify hazards * Organization has implemented preventive measure for identified risk * Organization has established safety methods statements * Proper implementation methods have been followed * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 8: Personal Protection Program Particulars Yes No Partly Various local as well as international health and safety standards have been followed * Personal protective instrument have been provided towards every employee * Proper training has been provided towards the employee to deal with protective instrument * All the protective instruments are preserved appropriately * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 9: Protection of occupational health Particulars Yes No Partly Organization has followed proper plan to protect occupational health * Occupational health check up standards have been provided towards employee * Noise control is considered as one of the important part to protect occupational health * Lighting, air pollution, etc are considered as important part to protect occupational health * Total Score 2 and Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Section 10: Safety audit and safety review Particulars Yes No Partly Safety audit has been executed on frequent interval * To audit safety and health aspects, independent auditor has been employed * Results of the safety and health review has been publicly explained * An action plan is established to address the identified issue * Total Score 3 Initial Status Review [ISR] Name of the organization Occupants Manufacturing Date Time Reviewed by Total Score 29 Findings and analysis Evaluation of the current company Health and Safety Policy Statement and changes required Occupants manufacturing policy for health and safety ensures that the key objective of the company is to focus on the proper health and safety of the employees and also their working environment (Young, 2012). The company focuses and manages the activities in a prudent way so that it can avert the unwanted risks of the healthy and safety of its employees and also its customers who might have been affected by the operation of the company (Zanko and Dawson, 2011). It believes in training of the employees of its concern and understands the need of instructing them so that they are able to carry out their works in a proficient way and also safely. The employees of the company are given information and knowledge so that they are capable enough to carry out their tasks without hampering their safety and also the safety of the others (Simons, Leroy and Savage, 2011). Application of the company policy on health and safety will be the key consideration by the management of the company. There should equal priority given to all the three factors of health, safety and environment along with the production and operation of the company. The employees efforts will be valued as the primary business success. It is the policy of the company to do everything that is logical enough to protect the health and safety of the employees and others that might be hampered by the omissions and activities of the. The company focuses to prevent accidents and bad health of the employees which may rise at work from their activities and also to safeguard the property of the company. Occupants Manufacturing will comply with all the safety and health legislation applicable to OHSAS1 18001 and also aspire for the continuous improvement of the safety management system and health care. The company objectives are: To render a healthy and safe working environment and avert accidents and situations that of work concerning ill health. To be a factor to the efficient and safe operation of the company works so as to maintain safe work premises, equipments and plant, and averting accidents and destruction of the property. To ensure that the while designing, manufacturing and transporting of the companys products the activities shall be handled so that it can avoid the risk to its employees and customers who might be hurt by the operations. The managers and employees will be given enough supervision, instructions, training and information to make sure that they are capable enough to undertake their tasks which may include the specific and general responsibilities under the companys safety and health management system (Zanko and Dawson, 2011). The company will do its best to discard the anticipated hazards so that it can avert incidents which involves plant or personnel and if they occur then the company management has process implemented to prevent the reoccurrence of the same. To carry this out an effective system of accident reporting and investigation will be implemented. Occupants will carry Risk Assessments top ascertain the issues and discard and if appropriate than control it. The company will limit its exposure to substances which are hazardous to the health of the employees as a priority. It will also look at the safe handling of the materials and appropriate safety measures like, masks, gloves, suits, etc are worn or not (Simons, Leroy and Savage, 2011). The company will conform to all the statutory and approved requirements and codes of practice and will take necessary measures to give and maintain requirements for safety, health and environment care (Zanko and Dawson, 2011). Health in training, safety and accident prevention is imparted to all employees. Outline project plan for Occupants Manufacturing for addressing certification to OHSAS 18001 From the above mentioned initial status review results, it is become clear that Occupants manufacturing has partially fulfilled the occupational health and safety management aspect (Zanko and Dawson, 2011). Since, the organization is aiming to obtain OHSAS 18001 certification; the organization has to address the areas in which it scores or 0 points. As per the OHSAS 18001, any organization should have to follow the below mentioned structure. (Source: Badri, Gbodossou and Nadeau, 2012, pp 196) Keeping this on mind, below is the details project plan for Occupants Manufacturing for addressing certification to OHSAS 18001:Part 1: Preparation Part 2: Conducting audit Part 3: Audit report Conclusion: The use of Initial Status Review within the developing of health and safety management system within the business operation of Occupants Manufacturing helps in managing the current state of companys health and safety management system (Hasle and Zwetsloot, 2011). Moreover, initial status review will also allow the Occupants Manufacturing for examining the current situation under the government department and relevant personnel. According to the OHSAS 18001, following is the appropriate structure that matched with the legislation. Initial Status Review step is very much important because it helps in identifying the potential or actual impacts regarding health and safety (Gordon, Mendenhall and O'Connor, 2013). However, this process allows to control the overall planning. The entire risk assessment comes under the planning. The risk assessment that comes under planning are general risks, fire risks It is also one of the key important aspects of assessing existing occupational safety and health performance. Hanlon and Ring (2012) cited that results or the outcome of the system or any operational process is the aspects of improving business and facilitate the planning for future development. Moreover, initial status review within the developing framework of health and safety management system of Occupants Manufacturing also allowed in producing the unbiased information (Hubble and Dothard, 2013). This help effectively for organizing the current health and safety responsibility take the account of duty of care for the employees at the workplace of Occupants Manufacturing (Simons, Leroy and Savage, 2011). Reference List Badri, A., Gbodossou, A. and Nadeau, S. (2012). Occupational health and safety risks: Towards the integration into project management.Safety Science, 50(2), pp.190-198. Chalupka, S. (2012). Management of Occupational Exposure to Advanced Nanomaterials.Workplace Health Safety, 60(12), pp.556-556. Devkota, B. and Buerck, J. (2012). Electronic health records and products recall management for patient safety in health care.Health Renaissance, 10(2). Donnelly, M. (2012).Impact analysis of solutions for chronic disease prevention and management. Berlin: Springer. Fisenne, S. (2012). The utilization of campus compliance management software.Journal of Chemical Health and Safety, 19(4), p.47. Friedman, L., Savage, G. and Goes, J. (2012).Annual review of health care management. Bingley, U.K.: Emerald. Gordon, S., Mendenhall, P. and O'Connor, B. (2013).Beyond the checklist. Ithaca, N.Y.: ILR Press. Hall, D. (2012). Building and development of a environmental management facility.Journal of Chemical Health and Safety, 19(4), p.48. Hanlon, J. and Ring, J. (2012). A model change for irradiator management.Journal of Chemical Health and Safety, 19(4), p.48. Hasle, P. and Zwetsloot, G. (2011). Editorial: Occupational Health and Safety Management Systems: Issues and challenges.Safety Science, 49(7), pp.961-963. Hubble, L. and Dothard, T. (2013). Implementing safety environmental inspections for facilities management.Journal of Chemical Health and Safety, 20(3), p.39. Kotlas, M. (2011). Greetings from the Campus Safety, Health and Environmental Management Association (CSHEMA)!.Journal of Chemical Health and Safety, 18(3), p.4. Kotlas, M. (2011). WITHDRAWN: Greetings from the Campus Safety, Health and Environmental Management Association (CSHEMA)!.Journal of Chemical Health and Safety. Koza, M. (2012). The management of animal handling.Journal of Chemical Health and Safety, 19(4), p.50. Kuo, B. (2013). All-hazard emergency management program.Journal of Chemical Health and Safety, 20(3), p.34. Landesman, L. (2012).Public health management of disasters. Washington, DC: American Public Health Association. Perry, K. (2013). Innovations in emergency management.Journal of Chemical Health and Safety, 20(3), p.35. Rainer, D. (2013). Campus chemical management through procurement controls.Journal of Chemical Health and Safety, 20(6), pp.38-39. Reveley, M. (2011).An examination of commercial aviation accidents and incidents related to integrated vehicle health management. Cleveland, Ohio: National Aeronautics and Space Administration, Glenn Research Center. Simons, T., Leroy, H. and Savage, G. (n.d.).Leading in health care organizations. Sullivan, D. (2012). 2011 Higher Education Emergency Management Survey.Journal of Chemical Health and Safety, 19(4), pp.36-43. Yamamoto, S. (2013).Human interface and the management of information. Berlin: Springer. Young, E. (2012). Using data to drive safety management: The enterprise risk management information system.Journal of Chemical Health and Safety, 19(4), p.54. Zanko, M. and Dawson, P. (2011). Occupational Health and Safety Management in Organizations: A Review.International Journal of Management Reviews, 14(3), pp.328-344.

Monday, December 2, 2019

Page #1 Essays - Crime, Violence, Abuse, Dispute Resolution, Ethics

Page #1 Teenage violence in schools has become a tremendous concern to many people. School violence over the past number of years has been increasing and family life, the things that occur in schools and the neighborhoods that the teenagers (that commit the crimes or violent acts) live in are some of the major factors. These are not necessarily the only causes to teenage violence. Family Lifestyle and the behavior of members within the family have been shown to have a direct affect on a teenager's behavior in school. A child can be influenced very easily by any older person, especially a family member, because he always looks up to that family member. If a person in the family is involved in a criminal activity then the children can be turned on by this and become interested in doing the same thing. If the guardian or parent of a teenager does not punish him for doing something wrong, this can only lead to repetition of the bad behavior. Failure to stop a child from doing something wrong could lead the child to believe that his behavior is acceptable. Also, a child thinks that the people that are supposed to love him don't even care that he is doing something bad so he will continue to do it. Teenagers also commit acts of violence to get their parents' attention. If parents ignore what their teenagers are doing, then the teenagers will continue to do more nega tive things just to get their parents to notice them. Another reason why family lifestyle is a cause to teen violence is, if the teenager is abandoned at a young age than there is no one to teach him wrong and right (Kim 82). Page #2 There are many different situations that can occur in school that can cause teenagers to do violent things. When a student has an argument with other students or a teacher that student may only know how to deal his anger by striking out. Often, teenagers do not know how to talk things out and instead, react violently. If a teenager doesn't like what someone (a faculty member or another student) has said to him, he might also let out his anger in violent ways. Sometimes, even if the other person has not done anything wrong to him, but rather to another person he can still get angry (school violence). The neighborhood that a teenager lives in can also cause him to be violent. If a teen lives in a bad neighborhood, where violent acts are going on all the time (besides for when he is in his house) and he will most probably be influenced by it (Kim 81). As a teenager sees more and more negative behavior happening daily in his surroundings, these behaviors will become acceptable and result in the teenager committing these same negative behaviors. Some of these negative behaviors include theft (lunch money, jewelry), vandalism, demands, threats, bullying, murder and rape (Kim 79). The following situations are examples of common behavior by teenagers; two boys did an act of vandalism in their school in New Jersey. The two boys vandalized their busses. The damage amount was $60,000, and the school had to close down for two days because there was no transportation. Another act of vandalism happened in Oregon Page #3 when a boy was upset about his semester grades. He brought explosives into the school office and destroyed his records and the records of all the other students. It cost $43,000 in repair for all the damages (Landau 81). Some teenagers don't get caught at what their doing out of their own intimidation behavior towards other teens. After they bully some kid or even hurt him, the victim may feel so intimidated and he will be scared to tell on him (Landau 80). The teenagers that do get caught sometimes end up doing whatever it is they were caught doing or doing something even worse. This happens because either, they get very little discipline or they are just so angry that they were caught they do the same thing again (or something even worse) out of anger (Landau 79). The results of violence in schools can vary from requiring every student to have a picture