Hot Potatos Essay Example | Topics and Well Written Essays - 500 words

Hot Potatos - Essay Example The chief analyst raised three main issues in the company’s management. A brief summary is given below: He said that the company is facing a tough competition and the main issue is that the competitors are using advanced technology now available in the market. This advanced technology enables the other companies to increase their sales through immediate advertisements and through the technology and receiving instant feedback enabling them to take prompt measures to enhance product quality and policy making of their companies. This advanced technology also ensures production at a comparatively low cost which results in their ability to introduce their products at fairly low prices in the market. This comparatively reduces the sales of the company as customers are always attracted towards low prices for same products in the market. Secondly, the competitors have employed some extra labor skilled in proper use of the company’s software and websites. These are IT experts properly trained in making quick decisions to meet demand in software changes and also quick production of its products. The company needs to ensure that the company makes sufficient advancements in its software in order to cope with the demands requirements of the customers. It is always very important for a company to meet the orders placed by customers in time as it is quite obvious that sales orders if maintained poorly and not responded to properly will make the company lose existing customers looking as well as new customers attracted by the quality of our products (Anthony Tarantino, 2006, p. 248). After the chief analysts’ report, the CEO decided to take some measures to overcome the problems that may be faced by the company in the future. He assigned the CFO of the company to determine the total costs of introducing new technology to the production sector of the company as well as the costs to hire skilled labor in order to operate that machinery. The decision to

How To Write Paper Topics For Your Research Papers

How To Write Paper Topics For Your Research PapersCriminal justice research is a must to achieve more effective results in law enforcement, corrections, public safety and other government sectors. It is a complicated topic as you have to conduct research for all kinds of activities including military recruiting, legal issues, governance, public services, public policy issues, research papers, budget proposal, health policies, and other areas.To be successful in such research needs knowledge on how to perform and carry out proper researches. Research papers of different types are required as diverse subjects require different kinds of research papers. As a result, you may need to revise your research paper topics every now and then.Research paper topics are basically researched to understand why certain aspects are done the way they are, why certain laws are applied, and what is needed to make the society at large a better place. Research papers are also used to examine human behavior , ethical problems and human behaviors in the society. Research papers need to include each research method in depth.Research papers can be written by law experts or government officials. As a matter of fact, it is always advisable to conduct research by a number of experts if they can provide a right-ground for the desired conclusions. It is also a better idea to write a lot of research papers which focus on some specific and real research questions.It is important to write papers for military recruitment, medical research, how to stop crime, and other similar topics for which there is no adequate information on how to investigate the problem. To write such paper topics, you need to gather all kind of information, no matter it is on record, non-records, and information gathered from different sources. It is important to maintain the correct number of research papers for different subjects. A good strategy to guide you to write such papers is to work backwards from the right directi on to write the paper.Paper topics should cover most of the research methods you can use in the real world. It also should contain three sub-topics on how to carry out research. They are: purpose, knowledge, and objectives. In other words, first you need to understand the topic; next, you need to know how to carry out research using this topic; and finally, you need to get to the goal of your research by knowing the answer to your objectives. With proper knowledge of all these topics, you will easily find out what research topics need to be written and edited.These paper topics can be written by experts and civilians alike. For any research paper topic, it is important to understand its importance and the research method you will be using to collect information.

Corporate governance of Westpac Banking Corporation AUSTRALIA Essay

Corporate governance of Westpac Banking Corporation AUSTRALIA - Essay Example Corporate governance has become the buzz word and has accomplished in drawing a good deal of public interest because of its visible significance of corporations and society with respect to economic healthCorporate governance is a complex concept as it deals with many different economic happenings Looking at a broader perspective corporate governance can be regarded as a set of procedures, customs, guidelines, rules and regulations affecting the way a corporation is planned, directed, governed or controlled. It also includes the relationships among the stakeholders and the aims for which the corporation is managed. The main stakeholders involved are the shareholders, management and the board of directors. Along with employees, suppliers, customers, banks the environment and the community as a whole. As mentioned earlier corporate governance is a complicated and multi-dimensional subject. Corporate governance deals with issues of accountability and fiduciary duty, making sure all the guidelines and mechanisms are implemented for the safe guard of shareholders. Another focal point is to achieve optimize economic through corporate governance to emphasize on shareholders welfare.Westpac Banking Corporation was founded in Sydney, Australia, in 1817 as the Bank of New South Wales and merged with the Commercial Bank of Australia and changed its name to Westpac in 1982. Today, it is a leading provider of banking and financial services in Australia, New Zealand, and eight Pacific island nations. It is Australia's oldest bank and offers general banking services to retail, commercial, and institutional customers and provides investment management and insurance. Westpac has strived to reach the position today it has by focusing on such issues only establishing a strong relationship with the stakeholders. "Corporate governance is a field in economics that investigates how to secure/motivate efficient management of corporations by the use of incentive mechanisms, such as contracts, organizational designs and legislation. This is often limited to the question of improving financial performance, for example, how the corporate owners can secure/motivate that the corporate managers will deliver a competitive rate of return." [www.encycogov.com, Mathiesen [2002].] Companies are scored based on specific issues such as board composition, management remuneration, accounting treatment and transparency. [https://www.shareanalysis.com/asp/glossary.asp]. Westpac has always focused upon promoting corporate justice, precision and self-actualization. The corporate governance structure followed at Westpac specifies the proper allocation of rights and responsibilities of the board, managers, shareholders and other stakeholders and properly defines the rules and procedures for corporate decision making. Increased competition, stringent regulatory standards, and continuous change in customer wants and demands have put pressure on global banking companies like Westpac to develop creative and cost-effective business strategies. Some of the examples of how corporate governance is implemented at Westpac are as follows: (http://www.westpac.com.au/internet/publish.nsf/Content/WISEWP+Protection) SSL connection Internet Banking system uses a technology called Secure Sockets Layer (SSL). This creates a secure connection between the customer and the Westpac. This is a highly beneficial technology developed by Netscape, Microsoft and RSA Inc that is supported by most browsers. Encryption Westpac has employed precise security mechanisms to guarantee that the client's information and accounts are secured. The latest encryption technologies have been used to protect the data when being sent over the internet. Westpac Internet Banking uses certificates which generate security "keys" to verify the connectivity with Westpac banking. Every stakeholder has an account with all the details. As information sent between the browser and the Bank is encrypted, it makes it

The Battle Over Kean University College Essay Question and How to Win It

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