...E governance * The word “electronic” in the term e government implies technology driven governance. (Siars, 2005) * is the application of Information and Communication Technology (ICT) for delivering government services, exchange of information communication transaction, integration of various stand alone systems and services between government-to-citizens(G2C), government-to-business(G2B), government-to-government (G2G) as well as back office processes and interactions within the entire government framework. (Siars, 2005) * The employment of the internet and the word-wide-web for delivering government information and services to the citizens. (United Nations, 2012) * Through e governance, the government services will be maid available to the citizens in a convenient, efficient and transparent manners. * The employment of the internet and the word-wide-web for delivering government information and services to the citizens. (United Nations, 2012) * Through e governance, the government services will be maid available to the citizens in a convenient, efficient and transparent manners. * The employment of the internet and the word-wide-web for delivering government information and services to the citizens. (United Nations, 2012) * Through e governance, the government services will be maid available to the citizens in a convenient, efficient and transparent manners. Origin of Egovernance * With the birth and proliferation of the internet,...
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...Why corporate governance: Corporate governance is a multifaceted subject. An important part of corporate governance deals with accountability, fiduciary duty and mechanisms of auditing and control. In this sense, corporate governance players should comply with codes to the overall good of all constituents. Another important focus is economic efficiency, both within the corporation (best practices guidelines) as well as extremely (national institutional frameworks). The word ‘corporate governance’ has become a buzzword these days because of two factors. The first is that after the collapse of the Soviet Union and the end of the cold war in 1990, it has become the conventional wisdom all over the world that market dynamics must prevail in economic matters. The concept of governmental controlling the commanding heights of the economy has been given up. This, in turn, has made the market the most decisive factor in settling economic issues. This has also coincided with the thrust given to globalization because of the setting up of the WTO and every member of the WTO trying to bring down the tariff barriers. Globalization involves the movement of four economic parameters namely, physical capital in terms of plant and machinery, financial capital in terms of money invested in capital markets or in FDI, technology, and labor moving across national borders. The pace of movement of financial capital has become greater because of the pervasive impact of information technology and the...
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...with conflict? Share a personal experience of conflict and how you dealt with the situation. 2. Questions: (TCO E) In order to have a high-performance team you must first recognize the qualities of a high-performance team. Describe at least five qualities of a high-performance team and then what can be done to develop those qualities in a team. 3. 3. Questions: (TCO F) The PMI® Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of responsibility and what it means for you, the project manager. 4. Questions: (TCO F) When developing a stakeholder matrix, the portfolio manager must look at the portfolio governance in order to complete the stakeholder analysis. In your own words, what is the role, interest and expectations of the governance? Version 2 1. Question: (TCO D) As a project manager, dealing with conflict is part of the job. There are many sources of conflict; one source that is often overlooked is the manager. Based on the Week 4 reading and lecture, what major ways do people deal with conflict? Share a personal experience of conflict and how you dealt with the situation. 2. Question: (TCO E) In order to have a high-performance team you must first recognize the qualities of a high-performance team. Describe at least five qualities of a high-performance team and then what can be done to develop those qualities in a team. 3. Question: (TCO F) The PMI Code of Ethics is made up of four areas: responsibility...
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...Ethical and Moral Issues in Business Kenneth H. Niuman University of Phoenix Ethical and Moral Issues in Business How do you differentiate between ethics and morality.?How does ethics impact governance in business organizations. Ethics and morals may seem the same on the face of it, but if one were to analyze, there is definitely some difference. Morality refers to an adopted code of conduct within an environment and a set of agreed upon rules for what is 'right' and 'wrong'. Morals have formed the spine of modern society, religion and every individual's conscience. The conceptions changed in time and take on a new meaning. For example, killing a human being is immoral in any society but when on the battlefield soldiers are given medals for killing their enemy soldiers.. In a way, morality is in sync with ethics. While one is abstract in understanding, the other is defined and in the form of written code. Morality addresses the ethical queries on the moral outcome of a specific situation. The code of conduct formulated probes prohibitions, controversial behavior, standards of belief systems and social conformity of morally 'right' behavior. Moral codes define 'appropriate' and 'expected' activity. Community morality is usually defined via commentaries and codes of authority. Morality is better understood as an assimilation of beliefs about the essentials to lead a 'good' life. It is not to be confused with religious or fanatic or political preception. Moral codes are...
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...Examination Paper of Certified Corporate Governance Professional 1 IIBM Institute of Business Management IIBM Institute of Business Management Examination Paper MM.100 Certified Corporate Governance Professional Guidelines for paper Total No. of Questions is 100. The minimum passing marks is 40%. Each Question carries 1 mark. Answer all the Questions. Multiple Choices: 1. Corporate Governance is________. a) About ethical conduct in business b) Direct or indirect concerns in the organization c) A manufacturing system d) None of the above 2. The term corporate governance is derived from the__________. a) Greek word b) English word c) French word d) Latin word 3. The definition “Corporate Governance is the system by which business directed and controlled” is given by a) SEBI committee b) OECD committee c) Cadbury committee d) All of the above 4. Internal control is implemented by the________. a) Board of directors b) Audit committee c) Management d) All of the above 5. OECD stands for_______________ 6. Which of the following have the power to hire fire and compensate the top management? a) Board of directors b) Audit committee c) Shareholders d) Management 7. CII stands for _________________ Examination Paper of Certified Corporate Governance Professional 2 IIBM Institute of Business Management 8. The managers are expected to act in the interest of: a) Audit committee b) Stakeholders c) Employees d) Customers 9. To endorse the...
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...Corporate Governance in Financial Services UMACTF-15-M Corporate Financial Strategy – 2014 Student number- 07975484 Word Count- 2,021 Introduction Dictum Meum Pactum- My word is my bond. Simple, powerful, trustworthy. Unfortunately, the world we live in is not simple, those that hold power (and those that do not) are not always trustworthy. Moral hazard is rife in everyday decisions we make, when multimillion amounts are on the line this does not simply fade. In fact, the temptation to break moral code is as high as it will ever be. As much as we would like to trust those in control to be acting in our best interest, we definitely feel better when there are safeguards in place to ensure we are protected. These safeguards are the beginning of the notion of corporate governance, “The process of supervision and control intended to ensure that the company’s management acts in accordance with the interests of shareholders” Parkinson (1993). Over the course of this essay I will investigate and explain how corporate governance has failed and how this failure is arguably at fault for, or at least contributed to, the recent financial crisis in the UK. Critically assessing the pitfalls in corporate governance I will present a reasonable case for where responsibility lies for resolving previous problems and from this move to suggest potential areas for improvement that may limit the potential for future failure. What has happened? We have experienced financial...
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...with conflict? Share a personal experience of conflict and how you dealt with the situation. 2. Questions: (TCO E) In order to have a high-performance team you must first recognize the qualities of a high-performance team. Describe at least five qualities of a high-performance team and then what can be done to develop those qualities in a team. 3. 3. Questions: (TCO F) The PMI® Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of responsibility and what it means for you, the project manager. 4. Questions: (TCO F) When developing a stakeholder matrix, the portfolio manager must look at the portfolio governance in order to complete the stakeholder analysis. In your own words, what is the role, interest and expectations of the governance? Version 2 1. Question: (TCO D) As a project manager, dealing with conflict is part of the job. There are many sources of conflict; one source that is often overlooked is the manager. Based on the Week 4 reading and lecture, what major ways do people deal with conflict? Share a personal experience of conflict and how you dealt with the situation. 2. Question: (TCO E) In order to have a high-performance team you must first recognize the qualities of a high-performance team. Describe at least five qualities of a high-performance team and then what can be done to develop those qualities in a team. 3. Question: (TCO F) The PMI Code of Ethics is made up of four areas:...
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...New Zealand Principles of Corporate Governance and Responsibility. A Global Perspective. Prepared by: Mark Gray Large businesses around the world are controlled in a variegated fashion. Whilst the Anglo American system of corporate control is heavily based on a strict structure of a Board of Directors, in itself controlled by a chairman and constituting a various number of executive and non-executive directors. Whilst the primary function of the Board has fundamentally been seen as one of accountability, monitoring and goal setting, there is large chasm of difference in Board performance, and this highlighted graphically by the numerous large scale Corporate collapses in the United States. Indeed the U.S economy has been severely affected by ‘avoidable’ corporate bankruptcies. As the United States comprises a large proportion of the largest corporations in the world, it is not surprising that it has suffered a large number of corporate failures of corporate governance (Blackmore, 2006). The speedy corporate meltdown of very large U.S corporations, the like of Lehman Brothers and Enron threw the entire U.S business community into turmoil, prompting the U.S and other governments to speedily regulate as a deterrent to all business owners. This approach is ‘rules based’ and relies heavily on legislation for business compliance and good corporate governance. Although there have been corporate failures in New Zealand, most recently...
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...TRIMESTER III S.No. | Code No. | Title of the Course | 1. | HMPRBA 301 | Strategic Management | 2. | HMPRBA 302 | Entrepreneurship Development | 3. | HMPRBA 303 | Corporate Governance | 4. | HMPRBA 304 | Management of Public & Private Participation | 5. | HMPRBA 305 | Marketing Research | 6. | HMPRBA 306 | Financial Management | 7. | HMPRBA 307 | Operations & Supply Chain Management | 8. | HMPRBA 308 | Innovation Management | 9. | HMPRBA 309 | Current Business Affairs & Soft Skills | 10. | HMPRBA 310 | Minor Project (8 weeks) & Viva - Voce | HMPRBA-301: Strategic Management The objective of this course is to acquaint students with the concepts, methods and tools of strategic management and their application in industry. UNIT I: Strategic Management-Basic process of strategic management; Benefits and limitations of strategic management; Goals and objectives, Business Vision, Mission and Objectives. UNIT II: Environment and Resources Analysis: Environmental Analysis, Industry and Competitive Analysis, the External Factor Evaluation (EFE) Matrix, Competitive Profile Matrix (CPM), Internal Analysis; Internal Factor Evaluation (IFE) Matrix, Porter’s Five Forces Model, SWOT Analysis and VRIO framework. UNIT III: Strategy Formulation: Porters Value chain - Generic competitive strategies - Portfolio Analysis and its limitation - BCG matrix and GE matrix - Building competitive - advantage for a firm - Strategy versus tactics...
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...3. Introduction Corporate Governance has become a subject in its own right over the past decade but Corporate Governance issues are as not new- there have been tensions from the beginning as the case of Salomon v Salomon [1897] illustrates. Despite the longevity the phrase ` corporate governance ` is somewhat `MALLEABLE`- i.e almost every author or book on the subject offers a different view of what the phrase means. In the broadest sense, it means the question of who should own and control the company and in its narrowest; it purely means the relationship between the shareholders and Directors. The importance o Corporate Governance (CG) can best be understood in the context of how large modern companies operate. Owing to the separation of ownership and management, there is a need to establish appropriate control monitoring procedures to ensure that management can effectively utilise entrusted resources to add values to business owners. The owners ( the investors/ shareholders) will not usually be involved in the planning and control of the business of the companies and there is a risk than the managers( Directors) may pursue their own interests even at the expense of the shareholders. In other words – conflicts of interest can arise. Moreover, there are a number of different interested parties/ stakeholders- e.g between controlling large shareholders and minority shareholders, creditors and shareholders, shareholders and employees. Thus CG can be defined as “a set of...
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...Broadly speaking, global governance is an international and political system of ruling at all levels or human activity. In other words, this type of governance can be associated with multilevel governance in the sense that governance does not only take place at the national and the international echelon but also at the local, regional as well as subnational levels. Globalisation is a term that has been spoken about worldwide since 1990 and it has given a rise to intense arguments about the supply of losses and gains resulting from it. From a political point of view, many authors have also tried to define the subject matter which will be discussed throughout this essay. This essay examines not only the pessimistic and optimistic sides of global governance but will also explain the concept, how it works together or in cooperation with the United Nations. Meaning, this piece of work will also explain a bit about the UN’s contribution towards global governance by giving supportive examples in order to back up the argument. It will also analyse what authors think about global governance and how they define it. It will then suggest a model for enhancing global governance within the conclusion. As explained within the introduction, global governance could also be considered as a political interaction of transnational actors aimed at solving issues that have an effect on more than one state or area in case there is no authority of imposing compliance. Global governance makes rules intended...
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...445 Applications Implementation Week 2 Individual Assignment The following individual assignments refer to Boardman Management Group, Baderman Island Resort and Smith Systems Consulting, several of the Virtual Organizations. A link to the Virtual Organizations can be found on the Course Materials page. Boardman Management Group manages the Baderman Island resort. They are considering whether to upgrade the word processing software currently in use at the resort or to purchase a new word processing software application. Boardman plans to hire Smith Systems Consulting to help them analyze their options and to prepare an implementation plan. Submit a 3-4 page plan for how Boardman Management Group should utilize Smith Systems Consulting as an outside consultant for this project. Include a discussion of why the specific elements of your plan are important, how they will achieve the results you intend and why they were chosen over alternative methods. Week 3 Individual Assignment Boardman Management Group has decided to upgrade the Microsoft Word, word processing software for Baderman Island Resort. Smith Systems Consulting has provided Boardman with an analysis of the factors that need to be considered in upgrading the software. Using the analysis prepared by your Learning Team during Week Two, submit a Request For Proposal (RFP) that would be sent to software vendors seeking their proposals for the purchase and implementation of the upgraded software application...
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...B: Short Notes | Question | Answer | 11(continued)1(continued) | Clause 49The term ‘Clause 49’ refers to clause number 49 of the Listing Agreement between a company and the Stock Exchanges on which it is listed. The Listing Agreement is identical for all Indian Stock Exchanges, including the NSE and BSE. This clause is a recent addition to the Listing Agreement and was inserted as late as 2000 consequent to the recommendations of the Kumar Mangalam Birla Committee on CG constituted by SEBI in 1999. Clause 49, when it was first added, was intended to introduce some basic CG practices in Indian companies and brought in a number of key changes in governance and disclosures (many of which we take for granted today). In late 2002, the SEBI constituted the Narayana Murthy Committee to “assess the adequacy of current corporate governance practices and to suggest improvements.” Based on the recommendations of this committee, SEBI issued a modified Clause 49 on October 29, 2004 (the ‘revised Clause 49’) which...
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...Impact of mistrust on the global economy Name: Baihan Jiang Student Number: 40051637 Date: April 26, 2013 Alone with the continuous development on the global economy in some developing countries, the country has the ability to form the overall vigor but it fails to have the corresponding improvement in the social life. As an important part in the society, the social trust has had a crisis. To solve this problem, the basic way is to use a more fair system arrangement and social guarantee to reduce and eliminate the behavior of its own security and interest security. Social trust and social credit as an important social capital and social resources focus on it for the role of social intercourse activities. Realistic experience shows people that mutual trust plays a significant role in the communication of social exchange activities. The society is a community of people and its existence need certain trust. This can be investigated from two dimensions; the first one is the transverse dimension of the plane dimension. Society is made up by numbers of people, if the society is lack of trust of the confidence is too low, it will be very difficult to communicate among people. Generally, there is a certain amount of trust existing in any society; the difference is the extent of the trust and level. The second one is the vertical of longitudinal dimension. Because of the social division of labor, there is a certain class or grade difference between different people. Society...
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...derail SMRT's 1st-half earningsStraits Times, 29 October 2011, 604 words, Christopher Tan, Senior Correspondent, (English)18% earnings fall as expenses outpace 7.1% revenue boost RAIL and rental group SMRT Corp posted an 18 per cent fall in net earnings to $68.9 million for the six months ended Sept 30, as expenses outpaced revenue growth. | SMRT fined $200,000 for security breach Straits Times, 19 October 2011, 703 words, Royston Sim, (English) THE Land Transport Authority (LTA) has fined rail operator SMRT $200,000 for the Bishan depot security breach which left a train vandalised in August. SMRT Q2 profit plunges 25.6% Business Times Singapore, 29 October 2011, 469 words, Michelle Tan, (English) Operating expenses rise 15.5% as electricity and diesel costs surge 44% RISING energy prices continued to take their toll on SMRT Corp, with its net profit falling 25.6 per cent year on year to $34.1 million for the second quarter ended Sept ... companies; SMRT tops in corporate governance study SMRT Corp has come out tops in a study of the corporate governance practices of Singapore-listed firms. The study was done by United States-based business consultancy Resources Global Professionals (RGP), which scrutinised the public records of the 30 companies that make up the Straits Times Index. The companies were scored based on several factors, such as their compliance with the Code of Corporate Governance, structure of their boards, what directors are paid in comparison to...
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