Business Essays (Examples)
Study Document
Contracting Out Versus Contracting In
...Business What are some reasons for and against contracting out? Additionally, what are reasonable items to contract out?
Contracting out is often justified according to the principle of economic specialization. In other words, it is best if a particular organization focuses on what it does best. An organization should not spread itself thin. It is also more efficient for organizations to operate on economies of scale. For example, a widget factory can make widgets, and then subcontract its customer services offshore, so it does not have to divert needless resources into training and human resource development. Subcontractors can theoretically provide certain products at a lower cost and thus justify outsourcing.
On the other hand, when an organization subcontracts out it cedes a great deal of oversight to the outside organization. Safety of the final product may be in greater doubt because of the lack of direct supervision of its construction. Also,……
References
References
Fine, J. (2012). Six reasons why government contracting can negatively impact quality jobs and why it matters for everyone. In the Public Interest. Retrieved from: http://www.inthepublicinterest.org/wp-content/uploads/Janice-Fine_Jobs-Backgrounder- Brief-final.pdf
Study Document
Strategy Development For Nonprofit Organizations
...Business Strategy Development
Big Splash
Making a big splash to establish a new policy has its risks, but this approach can be advantageous as well. The current situation is that there are only a few volunteers working with the organization regularly and they are facing burnout. So there is a problem that may break soon, and threaten the ability of the organization to do its work. The training seminars are going to be a barrier for those who are already working to continue, and a further barrier to attracting new people to do this work. There is no particular evidence that the seminars are going to solve any problem at all, so I would treat them with some skepticism. This is especially true in that 75% of volunteers are one-offs, and the number of one-offs might drop to near zero if they have to attend the seminars before volunteering.
The advantages……
References
References
Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement (5th ed.). Hoboken, NJ: Wiley
Carroll, J. & Hatakenata, S. (2001) Driving organizational change in the midst of a crisis. MIT Sloan Management Review. Retrieved March 21, 2020 from https://sloanreview.mit.edu/article/driving-organizational-change-in-the-midst-of-crisis/
Wright, B., Christensen, R. & Isett, K. (2011) Motivated to adapt? The role of public service motivation as employees face organizational change.
Study Document
Utility Maximization Theory And Economics
...Business Is the Theory of Utility Maximization Reliable for Rational Consumers to Make Decisions?
The article by Rothman about Johnson’s book focuses on the topic of how most people use “bounded rationality” to make their decisions—that is, they do not use a true scientific process when deciding what to do with their lives. Rather they make choices based on constrained circumstances: they do not push the parameters of their knowledge or seek out all options and explore all possibilities, weighing pros and cons with statistical rigor. The reason is that most people prefer to follow whatever impulse feels right after a cursory examination of the situation, without expending a great deal of energy on the matter. They may spend two weeks deciding what type of laptop or car to buy, but that is because the specs have already been quantified for them: they only need to compare the numbers and the……
References
Works Cited
Rothman, Joshua. “The Art of Decision Making.” The New Yorker, 2019.
https://www.newyorker.com/magazine/2019/01/21/the-art-of-decision-making
Study Document
Recruitment And Retention Human Resource Policies
...Business 1. Best practices and compliance with recruitment laws
The first step towards filling the request will be to review the various H.R. best practices and compliance to minimize an employee lawsuit's risk. The review will be done on issues such as hiring, wage requirements, and employee classification. To ensure this, the H.R. department will establish a strategy (assuming none exists at the moment) for regulatory reviewing and updating compliance procedures and labor laws that are constantly changing (Breaugh, 2016). The suggested strategy is to have one of the H.R. department staff members as a "point person" to research and update compliance policies.
To ensure hiring and employee compliance for the current post, the H.R. department will first seek to ensure there cannot be any discrimination in the process based on religion, race, color, age, sex, sexual orientation, disability, and ethnicity (Patterson & Zibarras, 2018). To achieve this, the recruitment process……
References
References
Arthur, D. (2012). Recruiting, interviewing, selecting & orienting new employees. AMACOM Div American Mgmt Assn.
Avery, D. R., McKay, P. F., & Volpone, S. D. (2013). \\\\\\"Diversity staffing: Inclusive personnel recruitment and selection practices.\\\\\\" In Q. M. Roberson (Ed.), Oxford library of psychology. The Oxford handbook of diversity and work (p. 282–299). Oxford University Press.
Becker, W. J., Connolly, T., & Slaughter, J. E. (2010). The effect of job offer timing on offer acceptance, performance, and turnover. Personnel Psychology, 63(1), 223-241.
Breaugh, J. (2016). Talent acquisition: A guide to understanding and managing the recruitment process. Society of Human Resource Management.
Compton, R. L. (2009). Effective recruitment and selection practices. CCH Australia Limited.
Flynn, W. J., Mathis, R. L., Jackson, J. H., & Valentine, S. R. (2016). Healthcare human resource management, 3rd Edition. Cengage Learning, U.S.
Garner, E. (2012). Recruitment and Selection. Bookboon.
Gusdorf, M. L. (2008). Recruitment and Selection: Hiring the right person. USA: Society for Human Resource Management.
Study Document
Maslow S Hierarchy Of Needs Model And Its Application In Human Resources
...Business
How to Use Employee Referrals to Increase Workforce but Still be Able to Maintain Diversity within an Organization
Table of Contents
Introduction 2
Research Findings 3
Theoretical Framework 4
Findings of Literature Research 6
Case 8
Conclusion 11
Bibliography 12
Introduction
As Frank (2018) points out, over 33% of all US employees obtained their job with their current organization by way of referral from another employee there. Although employee referrals are an easy, fast and often tempting way to staff positions, the risk is that doing so can lead to a less diverse workplace, with 40% of all referrals tending to be white men (Payscale, 2018). The central question is: How can HR use employee referrals to increase the workforce but still be able to maintain diversity within the organization? The solution is to consider closely the source of the referral. Different relationships between the referring source and the referral……
References
Bibliography
Bussin, M., & Christos, D. (2018). Blind hiring not as crazy as it sounds. HR Future, 2018(Sep 2018), 36-39.
CBS News (2017). Retrieved from http://www.cbsnews.com/videos/meet-bozoma-saint-john-the-woman-tasked-with-fixing-ubers-image/
Eisenhardt, K. M. (1989). Agency theory: An assessment and review. Academy of management review, 14(1), 57-74.
Frank, L. (2018). How to Use Employee Referrals Without Giving Up Workplace Diversity. Retrieved from https://hbr.org/2018/03/how-to-use-employee-referrals-without-giving-up-workplace-diversity
Jensen, M., & Meckling, W. (1976) Theory of the firm: Man- agerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3, 305-360.
Larcker, D. F., & Tayan, B. (2017). Governance Gone Wild: Epic Misbehavior at Uber Technologies. Rock Center for Corporate Governance at Stanford University Closer Look Series: Topics, Issues and Controversies in Corporate Governance No. CGRP-70, 18-3.
Payscale. (2018). Retrieved from https://www.payscale.com/data/job-referral s
ProActive Solutions. (2020). Agency theory. Retrieved from http://knowledgegrab.com/learners-zone/study-support/performance-management-review/framework-introduction-to-hrm/agency-theory/
Study Document
Rationale Behind Passage Of The Sarbanes Oxley Act
...Business 1. If jail time is off the table for executives, that would be an odd choice. Sarbanes Oxley creates disincentives for esecutives to commit fraud, such as in Enron. The point of SOX was really to add extra regulatory teeth, added punishments for executives committing fraud, under the knowledge that most major fraud is committed with the approval of executives, or driven by them. Folks lower down don’t have the access, nor the equity-based compensation packages, that would motivate or facilitate fraud without senior executive knowledge or initiation. As such, a law that takes jail time off the table would be pointless, as the incentives to commit accounting fraud are largely financial in nature, and therefore any punishment that simply involves fines or forfeiture of assets will invariably end up with a punishment lower than the proceeds of the crime. The point of jail time is to provide a deterrent……
References
References
Jones, H. (2020) UK watchdog backs tougher Sarbanes-Oxley style rules for top companies. CNBC. Retrieved May 4, 2020 from https://www.cnbc.com/2020/03/09/reuters-america-uk-watchdog-backs-tougher-sarbanes-oxley-style-rules-for-top-companies.html
Study Document
How To Stop Pregnancy Discrimination
...Business Pregnancy Discrimination
Schreiber and Young’s (2015) “Illinois Releases Pregnancy Accommodation Proposed Rules” and Smith and Tischler’s (2014) “Accommodations under the Pregnancy Discrimination Act” both examine workplace rules regarding pregnancy for workers. Smith and Tischler look at some of the problems associated with the Pregnancy Discrimination Act (PDA) and the challenges that employers runs into when attempting to follow it while also staying compliant with Equal Opportunity laws. Schreiber and Young look at rules proposed by the state of Illinois regarding pregnancy discrimination in the workplace. This paper will compare and contrast the two to find where similarities and differences exist.
Smith and Tischler (2014) point out that the PDA applies to any company the employees 15 or more workers and is an expansion of the Civil Rights Act in that it includes workers who are impacted by pregnancy or childbirth. In short, the PDA affirms that an employer may not……
References
References
Schreiber, P. & Young, A. (2015). Illinois Releases Pregnancy Accommodation Proposed Rules. Employee Relations Law Journal, 41(3), 50-53.
Smith, K. J., & Tischler, R. J. (2014). Accommodations under the Pregnancy Discrimination Act. Employment Relations Today, 41(3), 81-86.
Study Document
Firewalls And Filtering
...Business Cyber security tendencies have evolved into systems that are used for data security, mostly for big corporations which can afford the service. System vulnerability is one of the major concerns of organizations getting web servers, firewalls and security measures for their data. Technology companies burn the midnight oil trying to provide the highest level of security to databases, and a breach of security can be deemed a lapse by the technology company or that their security measures being ineffective. Hackers might send unauthorized packets of data including network inhibitors that might stall the ABC servers which contain online payment processing and customer data.
The best firewall recommended for this system is the next-generation system equipped with sophisticated security protocols for the deployment in the ABC system. It combines traditional firewall with other network devices that filter unauthorized network protocols. In a distributed system where traffic is passed through different nodes,……
References
References
Anderson, R. O. (1997). EMERGING CHALLENGE: SECURITY AND SAFETY IN CYBERSPACE. In R. O. Anderson, In Athena's Camp: Preparing for Conflict in the Information Age (pp. 231–252). RAND corporation.
Martin C. Libicki, L. A. (2015). The Efficacy of Security Systems. In L. A. Martin C. Libicki, The Defender’s Dilemma: Charting a Course Toward Cybersecurity (pp. 23-40). Santa Monica: RAND Corporation.
Mays, J. (2018, September 24). Understanding Load Balancing for Web Servers. Retrieved from Liquid Web: https://www.liquidweb.com/kb/understanding-load-balancing/
Thu, A. A. (2013). Integrated Intrusion Detection and Prevention System with Honeypot on Cloud Computing Environment. International Journal of Computer Applications, 9-13.
Study Document
Retention In The National Guard
...Business 1. Introduction
The United States Congress has for many years been directly involved in ensuring that the country has a fully equipped standing military force that is capable of dealing with any external or internal threat. One of the ways it does this is to make laws that influence how the different branches of the United States military recruit and retain soldiers. For example, the Congress has the power to set the maximum number of men and women a branch of the military can have. This will have a direct influence on the branch’s recruitment policies (Kapp, 2014; 2012). The Congress can also set compensation levels e.g. separation incentives, educational benefits, recruitment bonuses, retention bonuses, and salary. The Congress can also set the eligibility criteria for recruitment and retention i.e. the qualifications that one must meet to serve in any branch of the United States Armed Forces. Some of the……
Study Document
Risk Management And Insurance
...Business
Q1
Annuities account for a great part of the protection one affords self against death. They do not follow the application of the law of large numbers as the law is traditionally utilized in life insurance. It has, therefore, been referred to as “upside-down life insurance.” When an annuitant passes away during the period of accumulation, their beneficiaries are paid a death benefit. The common treatment of annuities is to account for gross premium returns excluding interest or to account for the cash value, whichever is greater. The principle is for the principal sum to be liquidated over the annuitant’s lifetime regardless of the means of accumulation.
Q2
Annuities can fall under various classes. Traditionally, the following classifications have been used to differentiate annuities:
i. Individual vs. group annuity
ii. Fixed-dollar vs. variable annuity
iii. Deferred annuity vs. immediate annuity
iv. Installment annuity vs. single-premium annuity
v. Single life vs.……
References
References
Vaughan, E. J., & Vaughan, T. (2007). Fundamentals of risk and insurance. John Wiley & Sons.
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