Placing the Blame in Macbeth Essay -- Macbeth essays

Placing the Blame in Macbeth    The blame for the tragedy of Macbeth must be apportioned between the three witches, Lady Macbeth and Macbeth himself.    The three witches play a very important role in affecting the actions of Macbeth with their ability to steer him in the direction they desire. They not only use their supernatural powers but also prey on his greed and ambition.    All hail, Macbeth! Hail to thee thane of Glamis! All hail, Macbeth! Hail to thee, thane of Cawdor! All hail Macbeth! That shalt be king hereafter!    These predictions are effective in attracting Macbeth's attention because they feed off his desire for what they promise. At this point in the play he is the newly appointed thane of Glamis. Immediately after the predictions, news arrives that he is to be thane of Cawdor. Macbeth cannot help but wonder whether the third prediction will come true or not. Banquo says that the forces of darkness use the truth to win us to harm but Macbeth's ambition makes him unwilling to believe this.    There is an ambiguity in Macbeth - do the witches represent inevitable fate, and is there in this instance the triumph of the forces of darkness, or does Macbeth have free will? If the responsibility for his actions rests with him and him alone, it may be argued that it is his weakness and his ambition that matter. His weakness lies in allowing himself to be bullied and shamed by Lady Macbeth into the murder of his king and guest.    Macbeth Prithee, peace: I dare do all that may become a man, who dares do more is none. Lady Macbeth What beast was't, then That made you break this enterprise to me? When you durst do it then you were a man; And, t... ...f the above, Macbeth is ambiguous about whether we have free will or are controlled entirely by fate. In the play, even though we see Macbeth changing his mind about whether to kill Duncan, he eventually does as the witches foretold; in addition all their other pronouncements came true. This veers more or less towards the idea of fate. If fate is unchangeable and the witches are acting only as messengers, the blame for the tragedy can not be attributed to the witches, Macbeth or Lady Macbeth. However, the witches also say about the sailor they are tormenting    Though his bark cannot be lost Yet it shall be tempest tossed    This implies that the witches have only limited powers and can only direct people within certain limits. If this is the case, then we must see that Macbeth's ambition and moral cowardice are responsible for his tragedy.

Knowledge Management Audit Report

The case study depicts the problems associated with a regency grand, a five-star hotel situated In Thailand. Initially the hotel was performing well under Thai General Manager; however since the takeover by a large American hotel chain, regency grand hotel was experiencing deteriorating circumstances regarding its business and reputation. Mr.. Becker was inducted as a new General Manger if Regency Grand Hotel. He was Interested in applying the concepts, methods, policies and procedures of hotel management which he earlier practiced successfully in the united States to the Regency Grand Hotel. Mr..Backer's success was mostly on acquisition were the operations were experiencing low morale and poor profitability. One of the major points In this case study Is the fact that Regency Grand Hotel was not experiencing low morale and poor profitability. In fact Regency Grand Hotel was one of the top performing hotels of Thailand were employee satisfaction was high. Mr.. Backer's expertise was in successfully implementing management strategies in a sinking organization rather than in an established and stable organization. Research has shown that the right employee should be hired at the right time. [r]One of the major issues as delineated in the case study is the implementation of same Human Resource Management Strategy in different countries. This Human Resource Management strategy by Becker comprised of introducing the concept of decentralization at Regency Grand Hotel. According to Becker, this strategy will yield enhanced employee motivation and overall Job satisfaction which will untimely lead to more profits. This strategy was successfully Implemented by Becker In his previous assignments. Becker was very confident of achieving positive results by Introducing this strategy immediately. One study shows that practice of Human ResourceManagement can vary across countries mainly because of adaptation of managerial practices and cultural idiosyncrasy [Snell and Dean, 1 992, Salk and Brannon, 2000]. Hefted argues that national cultures impact the attitudes and behaviors of employees (Hefted, 1980). This Is true in the case of Mr.. Becker. Since he came from United States and had been successfully practicing Human Resource Management with employees exhibiting us culture, he had a mindset reflecting us employee's behavior towards management practice. Furthermore, Mr.. Becker was of the impression that the same Human Resource Management could be practiced inThailand without realizing that there would be systematic differences that may have existed in Human Resource Management in different countries. Management by Objective Is the process of specifying objectives within an organization to ensure that the employees at the managerial level and non managerial level abide with the objectives set fourth so that they can fully understand what is required and what needs to be done within an organization. Studies have shown that productivity within an organiza tion increases if Management by Objective program is launched (Robbins and Coulter, 2005, 165).However, Becker Introduced the concept of decentralization but was not able to Implement It stressfully. Becker spent most AT Nils tale wilt ten operational level employees. This resulted in Backer's direct communication with the operational level employees which helped the employees better understand what Becker wanted and expected from them. However, the supervisor's empowerment role was minimized which resulted in poor performance. Scholars have written that mutually agreed objectives are set forth between employees.Becker implemented him decentralization plan after getting approval from several rather than all managers ND department heads. Most of the scholars agree that the Management by Objective is successful if it is implemented from top to down while ensuring complete participation [Rodgers, R. ; Hunter, J. E. 1991]. When power and control in shared in organization, the overall ef fectiveness increases. (Organelle et al. , 2007)The empowerment is used as management tool which empowers employees to practice innovative approach while working. Furthermore, empowerment is the power which is transferred from top level to bottom level [(Teach et d. 0 04).. Honed (1997) argued that empowerment should have higher degree of accessibility and accountability while having the freedom to act. This signifies that management in order to empower their employees, must ensure that the employees will be motivated and committed. This will help them achieve organizational goals while the chances of an employee to quit will significantly reduce. Employee empowerment has been defensiveness's ways, but K thaws et al. (2007), Money and Hankie (2006) and Honed (1997) agreed that the core element of empowerment involves giving employees §ion or latitude over certain task related activities.Smith and Mould, (1998) defined empowerment as a transfer of rower flow the employer to the e mployees to make quick and quality decision. Honed (1997) argued that empowerment is not only having the flooded to act, but also having higher degree of responsibility and accountability. This indicates that management must empower their me peoples so that they will be motivated committed satisfied and assist the organizations achieving objectives Mohammedanize employees intention to quit.Transferring power to the employees should be done with due diligence, at the same time employees to whom the power is transferred to, must be held accountable for their actions. Accountability will instill discipline in utilizing the scarce resources optimum for the benefit of the organization and other stakeholders. Therefore, employees should be empowered through, sharing information, autonomy in making decisions and improving their intellectual capacity.Welling et al (1991) similarly proposed that an organization that empowers their employees will be able to survive and grow in any environment . Mohammed and Prevail (1998) argued that empowerment is a state of mind and empowered employees mind experiences feelings of, (1) control over the Job to be performed, (2) awareness of the context in HCI the work is performed, (3) accountability for personal work output, (4) shared responsibility for unit and organizational performance and (5) equity in the rewards based on individual and collective performance.The Cognitive model of empowerment, defines empowerment on a broad term, which Includes ten console AT Provo&Eng employee Witt genuine Coo enrollment Ana opportunities to have their voice heard having real power for control and influence over work processes, which leads to employees to be confident in discharging their duties. This model further emphasizes that organizations have no options except to empower their employees for purpose of survival, growth and increase efficiency and being competitiveness.Further, the model of work team effectiveness postulated by Cohen et al . (1996) commented that employee empowerment should be the primary focus for any manager who tries to design effective self managing work teams in organization. Organelle et al. (2007) suggested that, like the concept of power, empowerment can be viewed in two ways. First, it can be viewed as a relational conduct – which me that managers should delegate power to the subordinates. Secondly, a motivational construct where employee empowerment is seen as a scheme to motivate employees in organization.Thus empowered employees feel motivated when they are given autonomy to make decision about their work or are involved in the planning process of Ethel organization. Therefore employee empowerment implies that power is granted to the employees or delegation of authority. Similarly, Procter et al (1999) suggested that for the use of the term empowerment of members to be meaningful, there must be a genuine shift in the locus of power away from the top management to the shop floor.Mele e (2004) argued that empowerment is a complex interactive process which involves the act of developing and increasing power to the subordinates. In addition they identified five core &mimeo which can enhance empowerment in organizations and these includes educating of employees, leading, mentoring, supporting and proving proper structures to enhance employee empowerment in organization. This clearly shows that empowerment is a multi-&monsoonal process which involves many systems of the organization and is an ongoing process. Lloyd fee al. 1999) asserted that, managers should act as coaches and help employees to solve problems. Managers should empower subordinates by delegating susceptibilities and assisting them when they have problems and thus employees will feel more satisfied with their managers and they will consider them to be fair and in return they will perform to their manager's expectations. Employees need to be assisted in the process of empowerment. Participative manageme nt, managers must empower their employees by allowing them to participate in decision m a h g process.For impatience the model of employee empowerment postulated by Mammal and Securest (1996) argued that employee empowerment has been expounders the concept of participative management. The model emphasized that empowerment to eke a strong foundation in organizations; managers should intrinsically motivate the behavior of their employees and must release some of their authority and responsibility to other levels of the organization. Honed (1997) equated employee empowerment as management-by-stress strategy that pushes people and systems to the breaking point by forcing workers to do more.Lack of employee empowerment in many organization is compeered as a major source of organizational stress and conflicts. Management to a certain degree will reduce stress among their employees by empowering them. Employee empowerment s a management practice, which all managers should take seriously in their organization, Decease It's tongue empowerment Tanat employees wall Improve organizational performance. Management needs to consider the following facts to ensure that empowerment in their organization is enhanced and nurtured.Empowerment through Job involvement, empowerment significantly enhances Job involvement Job satisfaction; career satisfaction and organizational commitment (Manorial and Hashing, 2006). This in the long MN will make employees feel that they are valued in their organization and create a higher degree of Job satisfaction and commitment. Thus employees are motivated by both extremis and intrinsic rewards such as autonomy in decision-making and challenging work.Leadership strategy, good leadership is critical for sustaining continuous improvement of employee empowerment in organization (Carson and King, 2005). Good leadership needs to be demonstrated at all levels of the organization. A good leader in an organization is intuitively able to tap into expressed thoughts of others, to give verbal expression to their feelings, able to delegate and empower employees. This would make vision created by management to be brought into pollution.Good leadership empires braininess, creates a vision to be followed by the organization employees and empowers employees through traffic and development. Hams (2004) argued that leadership is not only having innovative ideas, but also getting people to follow, not just in dragooned single file, but with pride, literature in their hearts and expectation. Employee endowment to be successful in organization there is need for godlessness to be in place at all levels of the organization.Empowerment to be successful in organization management should use empowerment for bottom-Line results. Klan and Rosen (1999) stated that there are four key increments for empowering program to succeed in organization, these are management must agree to support the program, inauguration warrants fanfare, must be offered for idea s generated and accepted essential for team leaders, program coordinators and evaluation committees to be in place to evaluate the progress of empowerment and advise the best way to enhance it in organizations.Therefore, empowerment is not a product of any structure or system, but it is a process, which is ongoing, dynamic and fluctuating. Translators and Murray (1996) stated that empowerment is getting workers to do what needs to be done rather than doing what they are told and involves delegation, individual responsibility, autonomous decision making and feelings of self-efficacy. Employee empowerment program to be successful in organization, management must put in place a structure in the system to support the whole process (Boggle and Smooch 2004).It is recommendable that empowerment process should take place in an environment where it's allowed, nurtured and promoted by management and employees. Management decision not communicated properly Options Regency Grand Hotel can rever t back to the earlier style of hotel management practiced by Thai General Manager. Under his belt, the Regency Grand Hotel was crowned as one of the most prestigious hotels of the region and the employees were enjoying Delve chocolates wilt n ten note.Nine star, wanly earlier let Decease AT Becker, could be contacted once again and given offer to rejoining Regency Grand Hotel. Management by Objective In Application of decentralization should be more concrete. Change of management style Make use of Configuration Management â€Å"organizational effectiveness is greatest when the information processing capacities of the structure fit the information-processing requirements of the work† Recommendations

Current State U.S Economy

The current state of the economy is one that is concerning for almost all Americans. Though we are in the recovery phase businesses are still hurting, people are out of work, we are barely getting out of a depression etc. People are pointing fingers at what is the cause and who is to blame. What was once a strong healthy economy has now drastically changed. There are many economic indicators that are used to evaluate and provide an image of what is currently happening and what an outlook may be on the economy.Several of the important factors are the business cycle, consumer price index, stock prices, consumer confidence index, gross domestic product and unemployment rates. The overall picture of the economy is relevant to its current business cycle. The business cycle is the recurring and fluctuating levels of economic activity that an economy experiences over a long period of time. The five stages of the cycle are growth, peak, recession, trough and recovery. As stated before we are in the recovery process but at a slow rate. One indicator is the Gross Domestic Product.The Gross Domestic Product (GDP) is the total market value of all goods and services produced, including total consumer, investment, and government spending, plus the value of exports, minus the value of imports. It moves with the economy and describes what’s happening right now. The GDP was at a huge decline a few years ago which resulted in our recession. Currently it has increased by 2. 7 percent which is indicating an improving economy. Another indicator is the Consumer Price Index. The Consumer Price Index (CPI) is a measure of the change in the purchasing power of currency and the rate of inflation.It shows the current price of a â€Å"basket† of goods and services in terms of the prices during the same period during the previous year. The purpose of the CPI is to show the effect of inflation on purchasing power. The â€Å"basket† of goods and services includes energy (gas prices) and food as well as other goods and services. The decline leads to deflation instead of inflation where consumers hold off on purchases in hopes of lower prices. Consumers are feeling pretty confident and spending has increased over time but not by much leading to the consumer confidence Index.The Consumer Confidence Index is a measure of how well the average American thinks the economy is doing and will do in the short-term. Stock prices are leading indicators of economic activity. If the market goes up and sustains upward activity this is seen as a good economic sign. The measure of stock prices comes from the Standard and Poor’s 500 index not the Down Jones Industrial Average. In September 2012 the S&P 500 index ended more than 25 percent above August. If current trends continue the economy will be vastly improved. The Unemployment rate is also used to understand an economy.The unemployment rate shows the economy's production, private consumption, workers' ear nings, and consumer sentiment. A lower unemployment rate translates into more employed individuals with paychecks, which leads to higher consumer spending, economic growth and potential inflationary pressures. High levels of unemployment are connected with lower incomes, lower spending, and economic stagnation. Our economy has seen the rates change up and down but the growing trend is our unemployment rate is lowering. All these indicators are used to describe the current economy.Though we are not at our highest point, we are slowly moving on the upward side. A pace that most don’t like but relative to the recession years ago it’s surly a vast improvement. November 30, 2012 U. S. Department of Commerce Bureau of Economic Analysis: U. S. Economic Accounts Retrieved on November 30, 2012 from: http://www. bea. gov/ Cunningham, Steven P. H. D The Consumer Sees Reason to Spend American Institute for Economic Research Retrieved on November 30, 2012 from: https://www. aier. o rg/article/7864-consumer-sees-reasons-spend

Aanna Lukasik

aAnna Lukasik Acc 422-8909 Q 8-31 1. Not required during this stage – 2. Substantive testing 2. Should focus on enhancing the auditor’s understanding of the auditors understanding of the client’s business and the transactions and events that have occurred since the last audit date. – 1 Planning 3. Should focus on identifying areas that may represent specific risks relevant to the audit. – 1. Planning 4. Do not result in detection of misstatements. – 4 Statement is not correct concerning anatical procedures 5.Designed to obtain evidential matter about particular assertions related to account balances or classed of transactions. – 2 Substantive testing 6. Generally use data aggregated at a lower level than the other stages. – 2 Substantive testing 7. Should include reading the financial statements and notes to consider the adequacy of evidence gathered – 3. Overall review 8. Involve reconciliation of confirmation replies wi th recorded book amounts – 4 Statement is not correct concerning analytical procedures 9. Use of preliminary or unadjusted working trial balance as a source of data – 1 Planning the audit 10.Expected to result in reduced level of detection risk – 2 Substantive testing Q-30 a) The minutes of each meeting refer to the minutes of previous meeting. In addition the auditor should obtain the next year’s minutes, probably for February 2010, to make sure the previous minutes referred to were those from September 16, 2009. b) Information relevant to 2009 Audit Audit Action Required February 15 1. Approval for increased distribution During analytical procedures, an Costs of $500 000. ncrease of $500000 should be expected for distribution costs 2. Unresolved tax dispute. Evaluate resolution of dispute and adequacy of disclosure in FS 3. Computer equipment donated. Determine that old equipment was correctly treated in 2008 in the statements and that appropriate dedu ction was taken 4. Annual cash dividend. Calculate total dividends to determine that dividend was correctly recorded. 5. Officers’ bonuses. Determine were paid in 2009. Consider the tax implications of unpaid bonuses to officers.September 16 1. 2009 Officers’ elected. Inform staff of possibility of related party transaction. 2. Officers’ salary information. Note information in audit files for 2010 audit. 3. Pension and profit sharing plan. Determine if the pension/profit sharing plan was approved. If so make sure all assets and liabilities have been correctly recorded. 4. Loan. Examine supporting documentation of loan and confirm loan information with bank. 5. Aquistation of new computers syst Determine of disposal of the 1 year old equipment and check the recording of the operations. 6. Auditor Selection

Ethcial Issues in the Financial services Industry Term Paper

Ethcial Issues in the Financial services Industry - Term Paper Example It is considered that general people tend to consider the field of financial services as more unethical as compared to other areas of business. This is considered as such mostly because of the fact that the industry is considered to be quite large. 2 Ethical issues are considered to have a huge importance in the industry of financial services because numerous people are considered to be consumers of such services. General people tend to consider this field as more unethical as compared to other areas of business. This is mostly because of the fact that the industry is considered to be quite large. It comprises mortgage lenders, pension funds, investment banks, mutual fund organizations, insurance organizations, securities firms, and banks. The industry is considered to make lot of headlines which tout for its ethical lapses due to its vast size. Intermediaries that operate in the field of financial services must follow standards of the industry, rules of law, and act in an ethical manner. The organizations operating in the financial services industry conduct numerous meetings with regard to marketing of financial services, investment analysis, technology training, and new product training but there is very less importance placed with regard to ethical training. The thinking of organizations must be changed in this regard such that ethical training forms part of conferences in financial service organizations and should have a significant number of attendances. The financial services industry is considered to provide essential services which can be considered as fundamental to modern society and economy. It provides services such as safeguarding money of the general public and providing them with domestic lending services. In this regard, it can be said that considering the vital role that financial service organizations play, it is logical to

Operations Management Workforce Planning Essay Example | Topics and Well Written Essays - 1000 words

Operations Management Workforce Planning - Essay Example This again will adversely affect the bottom line of the company. At a glance, it might appear very simple and rudimental to determine the actual manning complement for a certain operation however, a deeper scrutiny of the process will reveal the complexities involved such as the unpredictable fluctuation of demand vis--vis a fixed operating capacity comprised. The proponent used a simple accounting approach to determine and consolidate the cost component of each staffing plan. From here, the proponent tabulated the different data given in the case problem afterwhich, he proceeds in summing up the total cost per plan and simply compares each cost to know which alternative yields the least cost. Further to the quantitative analysis, which is actually just a comparison of the costs, the proponent attempts to account for the other effects of the different plans like employee morale, customer service and operations. The case problem requires the proponent to analyze three Workforce Planning model based on a given set of forecasted weekly demand, production rate per product and various costs like regular wage, overtime cost, hiring and firing cost. The problem further requires the proponent to evaluate each of these options based on other aspects of the business such as employee morale, operations and customer service. The setting of the problem is in Newmart International Manufacturing where three products are two be produced without incidents of run outs or back orders. IV. THE WORKFORCE PLANNING MODELS As mentioned in the case problem, the proposed Workforce Models to address the demand of the coming quarter are: 1) Level Workforce where the proponent simply hires the additional manpower required and keeps them all throughout the succeeding weeks; 2) Original Full-time Workforce plus over time does not engage in firing or hiring employees rather and 3) Adjusting the workforce depending on the requirement per week where the company is engaged in a weekly hiring and firing of employees. V. ANALYSIS AND RECOMMENDATION Based on the tabulation shown below, it is clear that among the three options, the original 75 fulltime workers of the company are still sufficient in meeting with the forecasted demands. It is also inferred that employee morale and other organizational elements have been adversely affected by frequent hiring and firing. The proponent therefore suggests applying option B to address the requirement of the company. This option will not only yield the lowest cost, i.e., US$ 609,588 there is but more importantly, it will maintain, if not enhance employee morale, customer service and the overall performance of the business operation. Bibliography: Heizer, Jay and Render, Render. "Production and Operations Management".4th

The supply chain of Walmart Essay Example | Topics and Well Written Essays - 750 words

The supply chain of Walmart - Essay Example This expose elucidates on the effects of inventory management on the strategic goals of the supply chain. Lee and Billington (1997) noted that the â€Å"supply chain must ultimately be measured by its responsiveness to customers† (p. 67). In order to achieve this strategy in the supply chain, a companys inventory management must be efficient in delivering products to customers on a timely manner. While recognizing the importance of efficient inventory management, it is important to point out that a customer’s order may involve multiple lines of shipment or even one shipment of goods. In effect, proper management of a company’s inventory along the supply chain will help determine the speed of a companys responsiveness to its customer’s orders. On the other hand, the failure to institute proper inventory management systems in the supply chain will result to failures on the supply chain strategy of responsiveness to customers requirements. A company designs its supply chain strategy so that it can maintain a competitive edge over its competitions in the ever-increasing competitive business world. Lee and Billington (1997) noted the need by customers to know when their deliveries will arrive after they placed their orders (p. 67). In effect, the failure by companies to keep their customers posted on a regular basis regarding their deliveries, especially during delays, causes discontent, loss of goodwill, and confusion from the customers. Effectively, a company may lose its competitiveness due to its failure to manage inventory effectively along the supply chain especially in times of delay in delivery. Another key strategy by companies in their supply chains is the importance of maintaining low logistics costs, which will not have an effect on the supply chain’s responsiveness. As a result, inventory management will play a crucial role in achieving this goal by