Tuesday, August 25, 2020

Management Decision Model and Financial Management

Question: Legitimize the job of money related administration in the event of various undertakings and various circumstances? Answer: Presentation Money related administration is the spine for each association and people. It very well may be deduced that there are a few strategies for money related administration that encourages an association to quantify and screen their monetary structure successfully. This task will illuminate the different capital planning devices and its few favorable circumstances and burdens. Aside from this, the task will likewise assess the fittingness of money the executives framework and count of pay of the monetary area of the association will be assessed. Section 1: The absolute receipts or assortments of the association Normas Cat Food is given as 5 million. It is likewise given that the new arrangement of the association will limit the all out assortment time frame by 2.5 days and all out time of dispensing will be augmented by 0.5 days or half days. The complete contrast between money among assortment and distributions is coming as $2million. The all out number of days is coming as three days. In this manner, the measure of opened up sees is coming as $6million * 360/3 = $720 million every year. In the given case, the quantity of days is taken to be 360 in the year. The aggregate sum of profit is coming to be as 8 percent of the measure of opened up discovers which is equivalent to $57.6 million. In the event that the new framework worth $80000 is introduced, at that point the normal return can be normal as $57.6 million-80000 = $5.68 million. This is primarily in light of the fact that the aggregate sum of livelihoods and opened up sum is required to be more than the measure of expenses of the new machine. Section 2 There are many capital planning methods that can quantify the plausibility of the venture adequately. These are as far as IRR, Payback and Net present worth. It very well may be additionally gathered all the given apparatuses and strategies can surmise various qualities and decisions towards a given undertaking. The clashing circumstance may emerge because of the size of the given undertaking viably. Prior to tolerating the possibility of the given venture, the monetary director and money related investigator of the task is required to compute all the methods concerning capital planning. To investigate and execute the right choice of the task, it is critical to know the benefits and negative marks of the given capita planning strategies. Focal points of NPV The greatest bit of leeway of net present worth is that it assists with interpretting the future estimation of the given venture. It depends on the time estimation of cash idea and furthermore assists with finding the reasonableness and achievability of the given undertaking. It is a practical strategy and can be actualize in a basic way. Another value of the given technique is that future measure of the given incomes of the association can be deciphered with the assistance of this strategy. The danger of the venture can likewise be assessed with the given undertaking (Brigham Ehrhardt, 2014) Detriments of NPV The greatest detriment of the strategy for Net Present worth is that this technique for capital planning absolutely disregards the size of the given venture. If there should arise an occurrence of shared select ventures, this technique for capital planning can decipher wrong supports in contrast with different strategies for capital planning like IRR and recompense period. Moreover, the aggregate sum and pace of cost of capital is accepted in this technique for capital planning. IRR: Merits and Demerits The value of this apparatus of capital planning is that it assists with interpretting the estimation of interest in examination with the pace of return of the venture. It mulls over pretty much all incomes, dangers and all out time estimation of cash of the venture. It additionally thinks about the pace of cost of capital of a given venture. These are the greatest value of this technique for capital planning. As far as bad marks, if there should be an occurrence of progress of limiting pace of incomes, the association may not assess the practicality of the venture through this technique for IRR. A given task may likewise have more than 1 pace of profits. Along these lines, it is another negative mark of the given apparatus of capital planning technique. Compensation period (Pros and Cons) The benefit of the technique for compensation period is that it is incredibly simpler to compute and it likewise assists with estimating the liquidity of some random undertaking. What's more, the dangers and changes of the task can likewise be estimated with the assistance of apparatuses and procedure of compensation period strategy for capital planning. This technique absolutely overlooks the estimation of the given venture or level of increment or abatement of the given undertaking. This is one of the negative marks of the given apparatus of capital planning. This strategy absolutely invalidates the estimation of time estimation of cash and just considers about the period in which the all out capital will be brought about with the given timeframe. These are greatest impediment of this device (Brigham Houston, 2004) From the above investigation, it very well may be found that since the outcomes and translation of NPV is contradicting and clashing with the examination of IRR and compensation period, the ventures can be considered as common selective activities. Net present worth don't thinks about the size of some random venture. In the given case, the task of the enormous company can be considered as gigantic and it is overlooked by NPV. Accordingly, the money related investigator of the task is required to acknowledge the venture according to the capital planning devices of IRR and restitution period. End From the above investigation, the job of money related administration in the event of various tasks and various circumstances has been defended. All the strategies of capital planning and budgetary administration have been deciphered successfully. References Brigham, E., Ehrhardt, M. (2014). Money related administration. Bricklayer, Ohio: South-Western. Brigham, E., Houston, J. (2004). Basics of money related administration. Artisan, Ohio: Thomson/South-Western.

Saturday, August 22, 2020

Employee Benefits at HealthCo

HealthCo is a philanthropic human services supplier working with 36 facilities in an open framework inside a practical association. The centers incorporate recovery units, treatment offices, hospice and geriatric units, and other exceptionally particular focuses. HealthCo works with around 6,700 representatives in the eastern United States. In accordance with the business, HealthCo utilizes a bigger number of ladies than men in the regions of nursing and patient consideration. HealthCo held a ranking workforce conference to address current issues and the coming year’s vital activities. Going to the Senior Staff meeting were the CEO, Dr. Palmer, Senior Officer Pat, Senior Officer Francis, and Senior Officer Mercer. During the gathering CEO, Dr. Palmer tended to a Human Resources report showing that HealthCo’s turnover is 1. multiple times the business standard. Dr. Palmer conviction is that while HealthCo is serious with compensation, the advantages offered the workers is a territory requiring improvement. Dr. Palmer demand that a group of four to six volunteers start taking a shot at an arrangement for HealthCo turning into a top organization regarding work-life benefits. Question #1: How might you direct an analysis of the circumstance at HealthCo? So as to adequately conclusion the circumstance as indicated by â€Å"entering and contracting are the underlying strides in the OD process† (Cumming and Worley, 2009, P. 75). These means are imperative to build up the connection between the Organizational Development professional and the association. This relationship characterizes the parameters for every residual period of the authoritative improvement procedure, for example, diagnosing the association, arranging and executing, assessing and standardizing the arranged change. Distinguish the introducing issue Distinguishing the introducing issue is the apparent issue by the customer, in light of a primer request. It is the thing that seems, by all accounts, to be going on. It is commonly unmistakable by the arrangement that is frequently, however not generally proposed. After we distinguish the introducing issue, we can start to explain the authoritative issue so as to all the more likely comprehend the unique circumstance and nature of the introducing issue. Make certain to distinguish the introducing issue preceding continuing to explaining the hierarchical issue. Recall that the introducing issue regularly has an inferred or expressed arrangement. Explaining the hierarchical issue It is frequently found that the introducing issue is precise. Nonetheless, a careful determination is required to help the finding. The introducing issue is just enough data all together for the Organizational Development expert to state we have to investigate the issue. This can be precarious however, in light of the fact that the customer's brain may be made up regarding the requirement for a preparation program and the Organizational Development professional realizes that the introducing issue may simply be a sign of a more profound issue inside the association. In this way, extra information should be gathered so as to comprehend the main problem. Cummings and Worley alert that multiple occasions the introducing issue can be just a side effect of the main problem (2009, p. 76). The assortment of this extra information will bolster the Organizational Development practitioner’s articulation of the issue and arrangement in the endeavor of drawing nearer and picking my applicable customer. Deciding the Relevant Client The way toward deciding the pertinent customer includes choosing the people inside the association who can legitimately affect the change issues. The significant customer will incorporate the individual who can approve the utilization of proper assets for this undertaking. Simultaneously, socially, inside the association, these top level individuals have been truly incapable to execute effective change. The following stage is to distinguish the people engaged with the creation the change procedure to be effective. This ought to incorporate administration from all divisions influenced by these progressions just as portrayal from all areas. Successful recognizable proof of the introducing issue, explaining the authoritative issue, and right choice of the applicable customer will empower the Organizational Development professional to analyze the association. Diagnosing Organizations Diagnosing is the procedure by which the Organizational Development professional starts to see how the association is working. This data is required to plan the change intercession. The conclusion procedure will empower the Organizational Development specialist and the individuals from the association to mutually decide the issues to be tended to, the strategy by which the assortment and investigation of the information will happen. A successful finding will assist with building up the connection between all gatherings though together they can progress in the direction of the advancement of the important activities steps. The procedure starts with choosing which level of examination to apply, association, gathering, or individual level. Finding can happen at all degrees of examination, or it can happen at just one level. Each level has inputs, structure segments, and yields. Sources of info are what associations need to work with, general condition, industry, association configuration, bunch plan, and individual attributes. Structure segments are the key segments inside the association that empower the association to take the data sources and change them into yields, administrations or an item. There are six parts at the authoritative level, innovation, structure, culture, estimation frameworks, HR frameworks, and technique. Gathering level plan segments incorporate objective clearness, group working, bunch standards, bunch arrangement, lastly task structure. There are five structure parts inside the individual level framework. Every person of examination will take the sources of info and work inside the associations plan segments structure to transform contributions to the ideal yields. Inside the authoritative level framework yields incorporate association viability. This viability incorporates execution, profitability, and partner fulfillment. Gathering level frameworks influence group viability, including nature of work life, and execution of the gathering. The individual level framework yields incorporate individual viability, work fulfillment, execution, non-appearance, and self-awareness. The associations adequacy relies upon the arrangement among the various gatherings. To decide whether the associations arrangement the Organizational Development specialist gathers and examines information to responds to two inquiries, does the organization’s key direction fit with the data sources, and do the plan segments fit with one another. Gathering and Analyzing Diagnostic Information The Organizational Development professional will assume a functioning job in the assortment of information for analytic purposes. There are three significant objectives of information assortment, getting legitimate data, rally backing of the hierarchical individuals, and advances a working connection between the Organizational Development expert and the individuals from the association. Strategy for Collection There are four strategies for social affair symptomatic information, surveys, meetings, perceptions, and subtle measures. (Cummings and Worley, 2009) Each strategy holds significant focal points and inconveniences. The best method to successfully gather information is through the survey strategy. Polls survey the more complete attributes of the association. Procedure for breaking down information Quantitative apparatus of research is a considerably more emotional type of research than subjective research. Subjectivity permits the presentation of individual predisposition in the assortment of the information. Subjective research might be essential when it is muddled what precisely is being searched for in an investigation. The scientist will at that point be required to figure out what information is significant and what isn’t. In subjective research the utilization of substance investigation and the power field examination information is gathered from the utilization of meetings, perceptions and inquiries questions. The OD expert should then separate reactions into two classifications, the social viewpoint and the undertaking perspective. In correlation, the quantitative research device isolates information with the goal that they can be checked and displayed measurably. Devices utilized, for example, scattergrams, mean standard deviations, recurrence circulations, and distinction tests are proposed to limit any inclination. Quantitative research at that point gathers data like a machine. The aftereffect of quantitative research is an assortment of numbers, which can be exposed to measurable investigation in the arrangement of an outcome. Quantitative research knows precisely what it’s searching for before the exploration starts. In subjective research the focal point of the investigation gets obvious as time advances. Taking care of Back Diagnostic Information Feeding back demonstrative data as per Cummings and Worley is maybe the most significant advance in the conclusion procedure (2009). The adequacy of criticism information lays on the aftereffects of the information introduced summoning a feeling of activity in the association and its individuals. There is more data regularly accumulated than is required, in this way, the OD expert should appropriately examine the information and present just the important information. Introducing a greater number of information than required could make the authoritative individuals feel overpowered and cause obstruction of progress and an absence of inspiration for change. Deciding the substance of the criticism can be depicted utilizing nine properties (Cummings and Worley, 2009). The individuals from the association are open to the information input when they think that its significant. The consideration of the administrators and representatives in the assortment of the information can expand the information pertinence. The input must be reasonable and clear. The utilization of diagrams and graphs in introducing measurable information manages ease in the comprehension of the confused information. Detai

Monday, July 27, 2020

Nashville bound to the SEC meeting - UGA Undergraduate Admissions

Nashville bound to the SEC meeting - UGA Undergraduate Admissions Nashville bound to the SEC meeting For the last five years or so, I have spent a few days each May meeting with Admissions personnel from the other SEC schools to share ideas, talk about different issues, laugh, cry (okay, not too much crying), and share stories from the year. It is also a good time to plan for the future, and see how other college admissions teams run their offices. I am also going to get a behind the scenes look at Vanderbilt (my sisters alma mater), see some great Nashville locations, and hopefully learn a great deal. As such, I will have intermittent access to the blog, and to your questions. Please be patient concerning any replies, and I will try to answer questions either at sporadic times during the event, or when I return mid-week. As well, let me know if you have any questions about admissions for the SEC group. I cannot promise any answers, but I can share your thoughts. Go Dawgs!

Friday, May 22, 2020

Women of the Odyssey Essays - 1488 Words

The Women of the Odyssey Many people regard Homer’s epics as war stories—stories about men; those people often overlook the important roles that women play in the Odyssey. While there are not many female characters in the Odyssey, the few that there are, play pivotal roles in the story and one can gain a lot of insight by analyzing how those women are portrayed. Homer portrays the females in contradictory ways: the characters of Athena and Eurykleia are given strong, admirable roles while Melantho, the Sirens and Circe are depicted in a much more negative way. Penelope—the central female character—is given both negative and positive attributes. Athena, the grey-eyed goddess of wisdom and battle, has a soft spot for†¦show more content†¦While Athena is divine, she is still a central female character and the way in which she is portrayed makes an impact on the way Homer’s women are perceived. Another female who is portrayed in a very positive light is Odysseusâ€℠¢ and Telemachos’ old nurse, Eurykleia. Eurykleia is repeatedly shown to be noble and extraordinarily devoted. Laertes, Odysseus’ father, in fact, favored her as much as his own wife. Also, Homer says that she loves Telemachos more than any other servant does. These traits are admirable and again show the female as virtuous. Like Penelope, Eurykleia is described as â€Å"shining among women†; a trait which, while not exactly virtuous, is positive. Homer also gives Eurykleia traits which are stereotypically male. She is commanding and can keep the other servants in line: â€Å"she spoke, and they listened well to her, and obeyed†¦Ã¢â‚¬  ( XX, 157). Eurykleia plays a minor role, but still contributes to the favorable view of women in the Odyssey. Other women in the Odyssey are not portrayed as well as Athena and Eurykleia. Melantho, for example, is one of the debauched maids in Ithaka. She is rude and inhospitable to Odysseus when he is disguised as a begga r. She says to him: â€Å"Wretched stranger, you must be one whose wits are distracted, when you will not go where the smith is at work, and sleep there, or to some public gathering place, but staying here speak out boldly†¦Ã¢â‚¬  (XVIII, 327-330). She is alsoShow MoreRelatedWomen in the Odyssey1646 Words   |  7 PagesWomen form an important part of each society, however their role and importance to its function are often times overlooked. Society is/was organized and directed by men. All of the most important positions and purposes within it`s routine were filled by males. This societal organization is often times reflected in many pieces of literature of various time periods, however there are texts in which contrary to the patriarchal society models, women are given substantial importance within the plot. Homer`sRead MoreThe Odyssey : The Role Of Women In Homers Odyssey966 Words   |  4 Pagesinteractions. The Odyssey portrays what is right or wrong in relationships b etween god and mortal, father and son, and man and woman. In the epic poem, the role of women is a vital demonstration of Ancient Greece. The women in the epic are unique in their personality, motives, and relationships towards men. In Homers, The Odyssey, all women are different, but all of them help to represent the role of the ideal woman. Homers epic describes the world of women in Ancient Greece, a time where women were seenRead MoreThe Odyssey And Trojan Women1684 Words   |  7 Pagesbetween them Greek poet Homer and tragedian playwright Euripides explore many of the same themes in their works the Odyssey and Trojan Women (written by each respectively). Both works are inspired by the events of 12th Century BCE Trojan War that Homer previously explored in the Iliad. The two examine the worth of cunning over brute strength, the dangers of temptation and the role of women in their respective time periods. Despite having extremely similar central ideas, the techniques employed by eachRead MoreThe Force of Women in The Odyssey632 Words   |  3 PagesThe Force of Women in The Odyssey To the average person, The Odyssey is a Greek tale about a man, Odysseus, just trying to find his way home. However, it is much more than an entertaining tale of a man, gods, and monsters. It serves as a cultural exemplar of different kinds of people, roles, and relationships of ancient Greece, including the role of women. In The Odyssey, women are often portrayed as suasive and strong people, prime examples being Athena, Arete, and Penelope. Athena, the goddessRead MoreEssay on Women in The Odyssey702 Words   |  3 PagesWomen in The Odyssey In The Odyssey the main character, Odysseus, meets and entertains an impressive array of women. All of the women that he meets are very different and have different personalities and Homer clearly states his attitude towards each of the women. Some of the women are seen as essentially good or essentially bad. It is also clear that Homer adopts a sexist attitude towards the women in his novel. In The Odyssey women are generally portrayed as manipulative and deceitfulRead MoreWomen Of The Odyssey And Lysistrata Essay1328 Words   |  6 Pagesthe beginning of time, women have always been looked down upon mentally. During the time period of The Odyssey and Lysistrata, women were known as less powerful gender. They have never had much say about what goes on around them. Some women were recognized as a sex symbol. In The Odyssey, some women were goddesses that just wanted sex and other women had to stay at home to help raise their kids and do all of the feminine work. Compared to The Odyssey, in Lysistrata, women denied sex against theirRead MoreRole of Women in the Odyssey1201 Words   |  5 PagesThe Role of Women in The Odyssey The Odyssey, by Homer, is an epic poem based on the story of an ancient Greek hero, Odysseus, and his twenty year journey—ten years spent fighting in the Trojan War and the other ten spent traveling home. In the poem, Homer presents the theme of the role and nature of women. Men were the dominant gender in ancient Greece, and women, who were inferior, were only valued for their beauty and their ability to reproduce. However, in this poem, Homer both exemplifiesRead MoreThe Women in The Odyssey Essay975 Words   |  4 PagesWhen reading the epic poem The Odyssey by Homer, modern readers are confronted by a world quite different to their own. The society of the Homeric Greeks was a strong one, with well-defined roles for all members of it. The differences that existed between men and women are quite extreme when first observed at face value: the men went off to war to face the world; the women stayed at home to remain cloistered and protected. While Men and Womens lives take v ery different paths through the story, thereRead MoreWomen in the Illiad and the Odyssey1331 Words   |  6 PagesENG 2423 8A March 21, 2013 Roles of Women in The Iliad and The Odyssey Homer wrote two epic poems, The Iliad and The Odyssey. The Iliad is a tragedy that tells about the battles of the Trojan War. The Odyssey is somewhat of a sequel, the story of Odysseus s travels home after the Trojan War. An article found in â€Å"The American Scholar† states, â€Å" One might begin by asking what both epics, The Iliad and The Odyssey, would be like if there were no women in them. The Trojan war would not haveRead MoreThe Archetype Of Women In The Odyssey775 Words   |  4 Pages In the epic poem The Odyssey, Homer gives women a secondary role to men in a patriarchal society and characterizes women by a double standard. For Instance, Calypso is the archetype for the cunning seductress. Another example is Circe who is also an archetype for a seductress. The last woman is Penelope, the archetype for the loyal wife. These three women are defined by their roles to men. Calypso is portrayed as the archetype for the cunning seductress. When Hermes is sent to tell Calypso to let

Saturday, May 9, 2020

Biology Eei Enzymes - 6364 Words

YEAR 11 BIOLOGY EEI YEAR 11 BIOLOGY EEI JOSHUA CURSON JOSHUA CURSON ANIMAL PHYSIOLOGY- ENZYMES ANIMAL PHYSIOLOGY- ENZYMES ------------------------------------------------- THE ENZYME IS MIGHTIER THAN THE SWORD Effects of Temperature on Amylase Activity ABSTRACT: The aim of this EEI was to test the effects of temperature on the activity of the enzyme Amylase. Solutions of starch and amylase were held at selected temperatures by various methods of temperature control. Once the solutions reached and maintained the desired temperature they were combined. Samples at timed intervals were then taken and reacted with a reagent to determine the effect the selected temperatures had on the reaction rate of enzyme and†¦show more content†¦A constant temperature water bath will be needed to maintain temperature. All enzymes and starch solutions will be maintained in the optimum pH so as to ensure a fair test (REFER TO FIG-32). The following is an EEI designed to test the effects of temperature on the activity of the enzyme Amylase. This experiment on enzymes was done to help convey how environmental factors affect the activity of an enzyme. The experiment will revolve around changing one variable (temperature), measuring one variable (color of the samples in the spot plate/reaction rate/time) and keeping everything else the same (optimum pH/volume of reactants and the reagent). To test the effects of temperature on the activity of amylase, solutions of the enzyme and starch will be reacted with each other at controlled temperatures 70oC, 50oC, 37oC, room temperature and 4oC and below. To find out what effect these temperatures have on the activity of the enzyme, a sample of the resulting solution will be taken at allocated times and be placed onto a spot plate where a test for starch will be done by adding iodine reagent. The relative enzyme activity in the spot plate will be assessed as follows: Iodine test for starch | Amount of starch remaining | Enzyme activity level | Yellow/gold | NONE | NORMAL 5 | Light purple/silver/grey | SOME, | MODERATE 4 | Tan/lightShow MoreRelatedHow Heat Affects Lipase1180 Words   |  5 PagesFactors Affecting Enzyme Action ------------------------------------------------- Term 1 Biology Nicole Goosen Table of Contents Introduction: 3 Materials: 3 Method: 4 Risk assignment: 4 Risk: 4 Personal Protective Equipment: 4 Results: 5 Discussion: 5 Conclusion: 6 Introduction: How is the human body able to digest the food that you eat? How quickly your body digests your food? This is because the human body contains enzymes that are the biological substance, a.k.a proteinsRead MoreAn Experimental Investigation On A Bacterial Outbreak3369 Words   |  14 PagesThis is an Extended Experimental Investigation on a bacterial outbreak in a workplace. The key ideas and concept, is based around health and disease with the prevention of bacteria being the key purpose. The intention of the EEI is to develop a scenario which can be modified to demonstrate and test different variables, these variables include, water, soap, anti-bacterial soap and Dettol’s effect on the chosen bacterial outbreak. The chosen bacteria is, Staphylococcus Epidermidis and its effect inRead MoreWine Analysis of Fining Agents Chemistry8372 Words   |  34 Pages16- Graph5. Turbidity over time 9.17- Graph6. Electrical conductivity over time 9.0- Discussion 10.0- Conclusion 11.0- Appendices 12.0- References 13.0- Special Acknowledgments 1.0-Abstract: The construction of this EEI was conducted in accordance to the term 2 context (Wine: an artful process). This report is intended to present the experimental and analytical aspects of wine chemistry with focus on fining agents. By testing these fining agents on wine samples, their

Wednesday, May 6, 2020

The requisite of a good research in making a good paper Free Essays

In doing this paper, I found the researching more grueling. It is definitely not easy to find out more about the history of Dublin and how they were subjugated by the Britain force. That history is abounding with details that need not only an understanding from the surface. We will write a custom essay sample on The requisite of a good research in making a good paper or any similar topic only for you Order Now I also had to establish the correlation between these historical facts and the literatures of James Joyce which he wrote to reflect these facts. Meticulous research on James Joyce, his biography and his works, were also needed. I needed that to see the personal context where Joyce was coming from in doing Dubliners, the book which I chose to use in this paper. The difficulty of research is certainly coming from the fact that I have to inform myself with various details which I had to put under a careful interpretation. This interpretation needs to be done to see exactly how literature asserts its presence in the material world where separate events maintained by different groups of people also exist. Once I have collated the details I gathered, all that is left for me to do is to streamline and organize these details and see the corpus of information I currently have. From there, I already did my outline which finally gave direction to the paper I wrote. Writing the actual paper is not really hard since I am already equipped with a good amount of information which I have already organized. Once I begun facing the computer monitor, the words I needed instantly come into light and I suddenly found myself done with the paper. In conclusion, doing the research is much harder since this is the first step in doing a well-informed paper. This part of the writing process will determine the information that will be included in the final paper. Definitely, a good paper selects the information it will share and a scrupulous research is needed to refine this selection of information. How to cite The requisite of a good research in making a good paper, Essays

Tuesday, April 28, 2020

Satyam Scam free essay sample

SATYAM:  BROTHERLY  DEMISE   THE  RISE  AND  FALL  OF  RAMALINGA  RAJU 1 TABLE  OF  CONTENTS      COVER  PAGE      TABLE  OF  CONTENTS      EXECUTIVE  SUMMARY      1. BACKGROUND            2. RAMALINGA  RAJU  AND  THE  SATYAM  SCANDAL                  2. 1  FACTORS  LEADING  TO  THE  FRAUD   2. 2  AFTERMATH  OF  THE  SATYAM  SCANDAL   2. 3  VICTIMS  OF  THE  SCANDAL   2. 4  CORPORATE  GOVERNANCE  ISSUES  AT  SATYAM   2. 5  ETHICAL  DILEMMAS  FACED  BY  RAJU   1. 1  INDIA  IN  THE  GLOBAL  ECONOMY   1. 2  Ã‚   MERGENCE  OF  SATYAM  COMPUTER  SERVICES   E 3. HOSMER’S  SIX  STEP  PROCESS   4. LESSONS  LEARNED   5. RECOMMENDATIONS   8. CONCLUSION 2 EXECUTIVE  SUMMARY   ________________________________________________________      The  Satyam  Computer  Services’  scandal  brought  to  light  the  importance  of  ethics  and  its   relevance  to  corporate  culture. The  fraud  committed  by  the  founders  of  Satyam  is  a  testament   to  the  fact  that  Ã¢â‚¬Å"the  science  of  conduct†Ã‚  is  swayed  in  large  by  human  greed,  ambition,  and   hunger  for  power,  money,  fame  and  glory. Scandals  from  Enron  to  the  recent  financial  crisis   have  time  and  time  again  proven  that  there  is  a  need  for  good  conduct  based  on  strong  ethics. We will write a custom essay sample on Satyam Scam or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In  this  research  paper,  we  examine  in  detail  the  gross  negligence  of  stakehol der  concerns  and   over  indulgence  of  key  management  on  a  personal  and  organizational  level  in  immoral  practices   for  personal  benefit. We  also  assess  the  implications  of  ethics  in  the  business  environment. We   then  delve  into  the  ethical  dilemmas  faced  by  the  executives  at  Satyam,  apply  Hosmer’s   framework  to  moral  decision? making,  and  suggest  alternatives  to  handle  such  moral   uncertainties. Finally,  we  conclude  by  providing  recommendations  for  ethical  code  of  conduct   in  organizations  and  the  need  to  foster  a  culture  of  integrity  and  trust. 1. BACKGROUND   ___________________________________________      In  order  to  evaluate  and  understand  the  severity  of  Saytam’s  fraud,  it  is  important  to   understand  factors  that  contributed  to  the  decisions  made  by  the  company’s  executives. First,  it   is  important  to  understand  India’s  economic  growth  within  the  context  of  the  global  economy. Second,  it  is  necessary  to  detail  the  rise  of  Satyam  as  a  competitor  within  the  global  IT  services   marketplace.   And,  finally,  it  is  helpful  to  evaluate  the  driving  force  behind  Satyamâ€℠¢s  decisions:   Ramalinga  Raju. 1. 1 INDIA  IN  THE  GLOBAL  ECONOMY,  2003? PRESENT   ___________________________________________________   Brazil,  Russia,  India  and  China  have  solidified  their  place  in  the  global  economy. Posited  by   Goldman  Sachs  chief  economist,  Jim  O’Neil,  these  nations,  commonly  referred  to  as  the  BRIC   Nations,  were  believed  to  emerge  as  the  four  dominant  emerging  economies  of  the  twenty? first   century. i  Ã‚  In  2003,  they  possessed  one? uarter  of  the  world’s  land  coverage;  approximately  45%   of  the  world’s  population;  and  a  collective  gross  domestic  product  of  $3. 3  trillion. ii  Ã‚  By  2009, these  nations  nearly  tripled  their  gross  domestic  product. iii  Ã‚  Together,  the  BRIC  Nat ions  are  now   the  largest  bloc  of  emerging  national  economies  within  the  global  economy,  outperforming   other  emerging  markets  worldwide. By  2025,  economists  have  predicted  these  four  economies   would  be  half  the  size  of  the  combined  G6  (USA,  Japan,  Britain,  German,  France  and  Italy)  and,   by  2039,  could  overtake  the  G6. v  Ã‚  They  are  fixtures  in  today’s  global  economy. Geo? political  risks,  increasing  income  inequality,  and  structural  constraints  in  these  four   economies  notwithstanding,  globalization  has  contributed  significantly  to  their  economic   growth. India  has  benefited  immensely. Its  gross  domestic  product  (current  dollars)  has  grown   at  a  compound  annual  growth  rate  of  14%  since  2003. v  Ã‚  Today,  its  population  stands  at  1. 2   3 billion  people,  a  2%  compound  annual  growth  rate  over  the  last  six  years. i  Ã‚  Given  its  ability  to   sustain  productivity  as  its  population  grows  in  size  and  skill,  India’s  attractiveness  as  an   emerging  market  is  evident. Deregulation  policies  adopted  by  the  Government  of  India  have  led   to  substantial  domestic  investment  and  inflow  of  foreign  capital  to  this  industry. It  has  drawn   nearly  $90  billion  in  foreign  direct  investmentvii,  and  of  that  amount,  approximately  28%  was   achieved  between  April  2009  and  Feb  2010. viii  In  the  last  ten  years  the  Information  Technology   industry  in  India  has  grown  at  an  average  annual  rate  of  30%. Exports  contribute  to  around  75%