Thursday, August 1, 2019
The day for the interview came
It is a hard life living in the real world. The world doesnââ¬â¢t provide literally what we need; we have to work hard in order to satisfy our basic needs. Monetary considerations are included as personal pursuits in order to live fully as an individual and justify our existence here on Earth. But first, in pursuing this goal, one needs to find a job for this to be his medium in attaining the much needed financial stability.I, for one, had first-hand experiences on the hardships one faces when hunting for a well-paid job.The first step in finding work is the making of a well-organized resume and submitting this to a company or institution where you want to work for. After your credentials are assessed by their human resource department, they may call you for a job interview in order for them to have the chance to know the extent of the truthfulness of your credentials stated in your resume.The first job interview is considered one of the hardest and challenging parts of the job hu nting process.à The moment I got my first call from a clerk of a certain office, I couldnââ¬â¢t contain myself. I was exhilarated. My tireless efforts of submitting resumes to different companies and offices finally paid off. Looking back, I saw myself organizing the contents of my resume, encoding, printing this in multiple copies and putting these in big envelopes.Then, I was off, handing these to different offices; sometimes I walk, or ride a bus when the need arises, just so I can give all the resumes to the different offices. Then, the call came for my first job interview; my first chance to directly tell them with frankness what I am capable of.Some say that first impressions last.à So I had to choose the best clothes that I have to wear, groomed myself before the mirror a hundred times, and rehearsed the things that I would answer to pre-conceived probable questions that have to be asked. These, I hoped, would create a positive impact on the interviewers.I expected th at the interview itself would be much tensed; I experienced a mixed feeling of dread and trepidation when I opened the door towards the conference table. Lo and behold! The interview was to be done by a panel of interviewers. I did not expect this. For an eternity, I felt that I will collapse upon seeing their faces, expressionless, ready to bombard me with questions.But, to my delight, I was met with reassuring and comforting handshakes by the interviewers. I thought, at that exact moment that Iââ¬â¢ll get through that interview, which eventually I did. The moment I answered the first question, my self-esteem suddenly rose. A set of questions came after myriad of questions, yet I was able to answer these fairly.Others questions were answered the best way possible, or so I thought. This gave me a boost to persist and carry on until the last minute is through. Until I felt that I was completely at ease, as if I am just talking to colleagues and contemporaries. As quick as it start ed, the interview ended. This left me with an awakening; I survived my first job interview.I finally came up with a conclusion that pleasure and fun are not just derived from starting to do our first job tasks; rather the sense of adventure and accomplishment can be drawn from the path or process of finding a job, such as the interview process.Life is not hard as it seems, if taken with a positive outlook. It would just be hard if we donââ¬â¢t try to tackle the challenges it has to offer. Once we get to overcome these, we realize that we are learning, at the same time getting nearer to our goal.
Wednesday, July 31, 2019
First Keystone Bank Essay
1. Prepare a list of internal control procedures that banks and other financial institutions have implemented, or should implement, for their ATM operations. Financial institutions should implemented the following internal control procedures. The first one is Risk Assessment, which means financial institutionsââ¬â¢ management should identifies, analyzes, and manages risks that can affect the company. The second one is Control Environment, this procedure require management of the institutions attitude toward, awareness of, and actions concerning the internal control structure to in order to reduce the fraud and error. The third one is Control Activities, which means that institutionsââ¬â¢ management should enact specific policies and procedures to achieve the management objectives. Whatââ¬â¢s more, they should take necessary procedures to target the risks. The forth step is information and communications. Institutions should gather all necessary information to carry out internal controls. Providing, sharing and obtaining information is also very important, which is called communication. The last step is Monitoring. Which is an ongoing process to evaluate controls and determine whether all the operations are as intended. They changed when operating conditions change. 2. What general conditions or factors influence the audit approach or strategy applied to a bank clientââ¬â¢s ATM operations by its independent auditors? The auditor should consider the nature, timing, and extent of further audit procedures to make decision. The nature of an audit procedure include its purpose and its type. So the purpose and the type of an audit procedure will influence the audit approach. The purpose of audit procedure determines whether it is a risk assessment procedure, a test of controls, or a substantive procedure. The types of audit procedures include inspection ofà documentation, inspection of assets, observation , external confirmation, recalculation, reperformance, analytical procedure, scanning, and inquiry. Timing refers to when audit procedures are performed or the period or data to which the audit evidence applies. The higher the risk of material misstatement, the more likely it is that the auditor may decide it is more effective to perform substantive procedures nearer to the period end rather than at an earlier date. On the other hand performing audit procedures before the period end may assist the auditor in identifying significant matters at an early stage of the audit. Extent refers to the quantity of a specific audit procedure to be preformed. The extent of audit procedure is determined by the judgment of the auditor after considering the tolerable misstatement, the assessed risk of material misstatement, and the degree of assurance the auditor plans to obtain. 3. Identify specific audit procedures that may be applied to ATM operations. Which, if any, of these procedures might have resulted in the discovery of the embezzlement scheme at First Keystoneââ¬â¢s Swarthmore branch? Explain. Inspection of documentation, observation, recalculation, analytical procedures, scanning, and inquiry may be applied to ATM operations. I think the following procedures can resulted in the discovery of the embezzlement scheme. The first one is inspection of documentation. Auditors can examine a client document and compare it with the exact money they save and take out from the ATM. The second one is observation. Looking the procedure of using the ATM to make sure whether it is used with authority. The third one is analytical procedures. Auditors can analyzing plausible relationships among both financial and nonfinancial data of the ATM. The forth one is scanning. Performing a type of analytical procedure which involves reviewing accounting data to identify unusual items. For example, the amount of money that put in the ATM is not match the money that actually take out by customers.
Business Communication Essay
?Introduction In this assignment I am required to explain the different types of business information used by the business organisation that I have chosen for example; verbal, written, non-verbal, non-written, multimedia etc. I will also be writing their sources and purposes and analysing the different types of information. I will then evaluate the appropriateness of business information used to make strategic decisions. The business that I have chosen is Sainsburyââ¬â¢s. Sainsburyââ¬â¢s is a public limited company (PLC). It is the second largest chains of supermarkets in the United Kingdom in the retailing business. Sainsburyââ¬â¢s was first established with a shop in Drury Lane, and then became the largest grocery retailer in 1922. Sainsburyââ¬â¢s provides food and drink, home and garden, technology, toys, entertainment, clothing and much more for their customers. This comes under the tertiary sector business that provides a valuable service that customers and other businesses are prepared to pay for. From where they had first started throughout the years they have expanded it by selling different varieties of products to satisfy their customers as well as giving them new products to purchase. Types of Information Source Purpose Analysis Verbal- Face to face communication about sales reports between staff and sales manager (meetings). Internal Source- Marketing Department. This is because this department deals with sales as they can give information about the results of research undertaken by Sainsburyââ¬â¢s. Face to face discussions could be used by the marketing department to explain/update by communicating sales promotions. Using this opportunity through the meeting the sales manager will also have an overview of how well the employees are doing their job. It is important for Sainsburyââ¬â¢s to have face to face meetings about sales reports often, so that the company itself knows what needs to be improved and how they are progressing currently. Marketing department helpsà this type of verbal communication by updating the company using promotions and sales so they can achieve more profit for themselves and shareholders. Verbal-A telephone conversation about a customer enquiring about a product (staff helping a customer through telephone line checking if the product that customer wants is in stock). External Source- Customer Services Department. This is because customer services deals with customerââ¬â¢s issues or any enquiries they might have to do with the products or the store they can speak to a Sainsburyââ¬â¢s representative. A telephone conversation could be used by the customerââ¬â¢s services department to inform future developments on customerââ¬â¢s response to existing products and services. However Sainsburyââ¬â¢s doesnââ¬â¢t just deal with products, they deal with different types on insurances, mobiles, recruitment and so on. It is important for Sainsburyââ¬â¢s to have telephone conversations with customers because this way they are able to know customerââ¬â¢s opinions about certain topics and anything they would like to enquire about it e.g. products, services Sainsburyââ¬â¢s provide. The customer services department helps this type of communication by informing staff and managers about future developments. Verbal-Speeches about expanding on areas that need s improvement (increasing an amount of tills to avoid customers waiting for a long period of time in the queue). Internal Source- Production Department. This is in this specific department because with production they are able to know what areas need improving and so along with past and future levels of production, this department knows how to deal with it in detail. They are able to know what kind of costs Sainsburyââ¬â¢s will be dealing with in order to expand tills which will then move on to the marketing department. Speeches about expanding on areas that need improvement could be used by inviting support for activities so that Sainsburyââ¬â¢s can avoid bad service coming from their employees. This means an explanation needs to be given to employees and others as it is important for them to know why this new improvement in the business is happening. It is important for Sainsburyââ¬â¢s to have speeches on areas that need improvement because in order for the company to expand and improve, improvement onà amount of tills to avoid customers not only helps improve the company but attra cts more new and existing customers too. Also the production department can help as they can specify what areas need to be developed and write in detail about the costs and spacing will be needed to create the new tills for the store. Written-Web-based information about employment and recruitment (information of the companyââ¬â¢s website about vacancies available). Internal Source- Human Resources. This is based in this department because human resources can provide information about the staffing and training within Sainsburyââ¬â¢s. Web-based information displays many benefits of multimedia technology. Web-based information about recruitment can be used by human resources to update knowledge and offer employment through multimedia technology. Sainsburyââ¬â¢s website gives different varieties of choices of job roles. They also provide specific searches to allow the people look for a specific store to work in and the kind of the job role they want. It is important for Sainsburyââ¬â¢s to have web based information about employment and recruitment because this helps the company employ people to work for them. It gives a chance for people to use the website find out what kind of vacancies the company has going on and what sort of rules too. It is important that the human resources department deals with this type of communication as they are aware of what kind of resources is needed to create/improve the website. Written-On screen information about sales, advertising, products and promotions on certain products (e.g. food, homecare, TU clothing etc). Internal Source- Marketing Department. This is sectioned in this department because marketing campaigns, promotions and information about the market, Sainsburyââ¬â¢s can take care of this department well. On screen information about sales and promotions could be used by inviting support for activities for a primary purpose of making a profit. By inviting support for activities they can increase more sales on other products to make more profit. It is important for Sainsburyââ¬â¢s to have on screen information about sales, advertising and promotions on products because with promotions on products the company not only will be able to expand by attracting more customers, b ut they will also be gaining more profit which means more shareholders too. It is important that the marketing department deals with advertising, sales and promotions, because they can give information about the results of research theyà undertake, which means they can see what their competitors are doing and how their own company can make improvements. Written-Emails for queries regarding certain topics customerââ¬â¢s would like to discuss (Sainsburyââ¬â¢s bank, recruitment and website technical queries etc). External Source- Customer services department. This is based in the customer services department because consumers are able to discuss what kind of issues they want to with the company. Emails for queries regarding certain topics customers would like to discuss, could be used by informing future developments. This is because a business cannot develop and grow more than how much Sainsburyââ¬â¢s is wanting and aiming for if they do not hear what their customers have to say and so emails is one of the communication techniques so that Sainsburyââ¬â¢s can know their views on certain things. It is important that the company lets customers have access to emailing Sainsburyââ¬â¢s for any kind of queries customers would like to discuss. This is because their opinions and allowing them to express their views will help Sai nsburyââ¬â¢s improve/expand. If Sainsburyââ¬â¢s do this customers will feel satisfied that their opinions are being heard and action is being taken. Also it is important that the customer services department deal with this type of communication because Sainsburyââ¬â¢s can give consumers the information they are wanting to know about existing products or even providing a service. Non-Verbal-Deaf person wanting to know which isle in the store is a product in (asking a staff member). External Source-Human Resources. This is located in this department because employees within the stores can help customers who are deaf and wanting a product within the store hence asking help from a staff member. A deaf person wanting to know where a product is in the store could be used by inviting support for activities as information is very important and needs to be required through communications in order to support the business and keeping it running and successful. However for deaf people Sainsburyââ¬â¢s can hire employees that can communicate with deaf people using sign language. It is important in Sainsburyââ¬â¢s that a deaf person wanting to know where certain things are the employees of this company can help them. By doing this Sainsburyââ¬â¢s are able to show that they provide a service that many other stores might not offer. It is important that it is located in the human resources department because employees who can do sign language can help give information towards the customers who are deaf. Some of theseà employees might need training for this and human resources department are able to sort that out for them. Multi-Media- PowerPoint presentation showing sales figures (how much profit they have made within 2 months). Internal Source- Finance Department. This is in this department because they will have information relating to Sainsburyââ¬â¢s performance including profit and loss figures, balance sheet and the costs of running Sainsburyââ¬â¢s. PowerPoint presentation showing sales figures could be used by updating knowledge for seeing how much profit they have made during a period of time. This is because so they can know what needs to be done IF they are making less profit. It also updates knowledge to see how well they are doing within sales figures. This is important in Sainsburyââ¬â¢s because PowerPoint presentations that show sales figures allows the company to know how much profit they have made and how well they are doing currently. It is important that the finance department deals with this because they will have an amount of information that includes costs, sales and how much profit the company is making.
Tuesday, July 30, 2019
Measuring Media Effectiveness in Bangladesh Essay
The media consists mainly of television, radio, press, internet and cinema. This huge amount of money is spent on advertising primarily to create:Advertising/Total Brand Awareness: Consumer has been introduced to or reminded about the brand Brand Familiarity: Consumer recognizes specific brand names Brand Imagery: Consumer agrees with positive attributes specific to individual brands Purchase Intent: Consumer intends to purchase the brand So, as a big amount of money is associated to the media, the marketers strive o know how useful these media will be in achieving these goals. Marketers have become increasingly aware of the implications of a changing media landscape. For example, continuing media fragmentation means that a more complex array of media plans are possible. Given that some media plans will be much more successful than others at engaging with consumers and delivering marketing profitability, marketers want to know how to increase the odds of finding the optimal media mix to achieve marketing success. 1. 1 Motivation and Rationale of Study People from different demographic groups are exposed to media in different ways. And also not everyone is exposed to all the media. So it is very important for the marketer to know which media will be appropriate to reach his target market and when and how that media should be used. The marketer has to know how effective will a media be to achieve the marketing goals. There are several Medias like television, press, radio, internet and cinema and hence the marketer needs to know which media will bring out the best outcome from his advertisements. Because if the marketer cannot reach the target market with the selected media, the allocated budget will be wasted and the marketing goals will not be achieved This research paper has tried to solve these problems of the marketer by giving an idea about the media context of Bangladesh. This research explains how useful the television, radio, print and internet media will be in creating:Advertising/Total Brand Awareness: Consumer has been introduced to or reminded about the brand Brand Familiarity: Consumer recognizes specific brand names Brand Imagery: Consumer agrees with positive attributes specific to individual brands Purchase Intent: Consumer intends to purchase the brand 1. 2 Method of Study The method used for this research was Personal in home survey where the researcher personally visited the respondents with the questionnaire and asked and explained the questions to the respondents. So the respondent understands the questions very clearly and can think before they answer. A sample size of 100 was selected through convenient sampling method but also special care has been taken about maintaining a fair mix of different age groups and genders to get an unbiased result. As this research only attempts to measure the media effectiveness, so the following 2 assumptions/hypothesis are made:1. All media are equally expensive 2. All advertisements are of equal quality These two assumptions are made to eliminate the errors in measuring the media effectiveness. Because if these two assumptions are accepted then the success of the advertisement will solely depend on which media was used. 1. 3 Overall Objective The overall objective of this research paper is to measure the effectiveness of media in Bangladesh by finding out the influence of each media on achieving the marketing goals.
Monday, July 29, 2019
Career Progression Personal Statement Example | Topics and Well Written Essays - 500 words
Career Progression - Personal Statement Example Still I wanted to do more. So in late 2004 I decided to take leave and pursue my BA in Economics and Business Management at Hebrew University. Here is where I was intrigued by the field of consultancy. After graduating in 2007, this fascination led me to join A. Heifetz & Co, a consulting firm & investment bank. Honest work and innovative ideas helped me get promoted to chief analyst in just a year. Here I prepared evaluations for M&A purposes, took charge of all activities regarding our investment bank and conducted economic studies for the Israeli government. In 2008 MSMnetphone was making a loss and the owner asked me to become CEO. I agreed on the condition that I keep my job at A. Heifetz & Co. and in just four months I turned around the loss making organisation into earning profit. My work today is quite lucrative but what is important is my love for what I do. Life has been kind to me by giving me many opportunities which I used to the fullest. I realised that success comes not just by making bold decisions but also by making the right ones.
Sunday, July 28, 2019
Product Safety and Product Liability Essay Example | Topics and Well Written Essays - 3000 words
Product Safety and Product Liability - Essay Example The creation and development of a legal regulatory environment conducive to business and e-business is central to the improvement of trade among the E.U members. Currently, the Lisbon Agenda of ââ¬Å"making the E.U the worldââ¬â¢s most competitive and dynamic knowledge based economy by 2010â⬠was already under threat because trade barriers to the development of general business and e-business had not been effectively removed. Because of this, many of the European Unionââ¬â¢s businesses operate within an e-business environment that is full of legal uncertainties and legal impediments to the take up of e-business. Central to these legal uncertainties is the product liability directives enshrined in the Rome II regulations. The Rome II regulations, though credited for opening up trans-border trade, have also been a source of criticism for the uncertainties they have caused in respect to the choice of law applicable in trans-border product liability cases. The dominant view in this argument is that the Rome II regulations on product liabilities invade the ââ¬Å"country of originâ⬠principle that was more customized to allow the growth of business. Instead, the Rome II Regulation adopt the ââ¬Å"country of receptionâ⬠principle which is damaging to the security of business in the E.U. this paper will therefore look at the problems producers and businesses may face in respect of the Rome II regulations and their impacts on the businesses across the E.U members.
Saturday, July 27, 2019
Impact of Major Sporting Events on Host Communities Essay
Impact of Major Sporting Events on Host Communities - Essay Example 2010). Thus, this essay critically evaluates whether major sport events are of major benefit to the host city, region, or country. Social Impacts Tourism research has presented a wide array of proof that major sport events can have negative and positive impacts on a host city. Several of the positive outcomes concern economic gain or national honour and high spirits among citizens. This national honour leads to the ââ¬Ëpsychic incomeââ¬â¢ related to hosting a major event (Gratton & Henry 2001, 32). Moreover, major sporting events have been said to introduce nations to new knowledge and lead to a liberalisation of ideals in closed societies. As a worldwide event, sport draws active involvement and mass viewership, both creating the sub-cultural features of such sport (Gratton & Henry 2001). Commonly, scholars give much attention to the economic effects of major sporting events, thus studies in this field is scarce. According to Hall (1992), social impacts is ââ¬Å"the manner in which tourism and travel affect changes in the collective and individual value systems, behaviour patterns, community structures, lifestyle and quality of lifeâ⬠(as cited in Robinson et al. 2011, 155). ... Recently, there has been an increasing attention given to the social gains of major sporting events for societies. The investigation of Waitt (2003) on the social outcomes of the Sydney Olympic Games in 2000 reported that in spite of disapproving outlooks and objections to the prelude to the event, all through the event there was ââ¬Å"a reason to celebrate rather than protestâ⬠(as cited in Pedersen et al. 2010, 238) and citizens disclosed a heightened feeling of national pride. Likewise, Kim and Petrick (2005 as cited in Pedersen et al. 2010, 238), in an investigation of the South Korea FIFA World Cup in 2002, discovered that even though the passion does appear to ebb after the sport event, it does not fade entirely. A further social gain of major sporting events for hosting societies is the gift of urban restoration. In fact, hosting the 1987 Americaââ¬â¢s Cup has been recognised as the driving mechanism for the reconstruction of the metropolitan zone in Fremantle, Austra lia. It has been discovered that the apprehensions about severe traffic jams and overcrowding were groundless (Pedersen et al. 2010). Rather, as stated by Pedersen and colleagues (2010), citizens believed that development in infrastructures and opportunity for improved tourism would further enhance the better standard of living in the period after the event. Nevertheless, positive impacts may not constantly stem from major sporting events. According to Higham (1999 as cited in Hinch & Higham 2011, 55), some of the negative outcomes of sport events are interruptions to traditional lifestyle, displacement of local communities, and congestion. Hall and Hodges (1996 as cited
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