...BUSINESS ETHICS REPORT ON ETHICAL PRACTISES OF PAKISTAN GEMS AND JEWELRY DEVELOPMENT COMPANY ACKNOWLEDGEMENT First of all we would like to thank Allah Almighty for giving us the strength, Knowledge and resources to make our work easy and possible. Without His blessings we would not have come this far. Then we the student of Bahria University would like to thank our course instructor Sir Shaikh Muhammad Ali who taught us Business Ethics and for giving us an opportunity to make a report on Pakistan Gems and Jewelry Development Company. We would like to thank Mr. Khalid Aziz the General Manager of the company who take out some time and briefed us on our queries, without whom this report would not be possible. Executive summary This report contains information about one of the jewelry manufacturing company of Pakistan named Pakistan Gems and Jewelry Development Company. The report consists on the following: company’s history, vision and mission statement, core values, its strategies. Through our survey while preparing our report and gathering information on PGJDC we came to know about certain things which gave us an upper hand to make our report more interesting and they are the compulsion and benefits being offered by PGJDC to its employees. In the last we compiled the training program of PGJDC which is definitely the core ingredient of this report. At the very end we have provided the URL links from which we take some information while preparing our report. ...
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...Training & Development Competitiveness – It is the ability to gain an advantage over others and to stay ahead in one’s field. For an organization, it is the ability to gain market share in its area of operation. Human Resources – It is a term used to define the workforce of an organization. It is every employee that works in a company to make the products or services available to its customers. Stakeholders – They are part owners of a company. These are group of individuals who have financially invested in the company and share its profits or losses. Training – It is a planned effort by a company to provide job related knowledge and skills to its employees so that the organization has a talented workforce and is able to compete with its peers in the market. High-level training – It is the training that is more aligned with the overall business strategy and goals of an organization. It has a major contribution in the organization’s growth. Continuous learning – It is a process in which learning of job related knowledge and skills is provided at regular intervals instead of only once. Training design process – It is a process of systematically designing a training plan. In this process, all the steps that ascertain the training need are carefully drafted and assessed. Instructional System – This is the process of designing and developing training programs. Training programs are unique to organizational needs; hence there is no one universal way of designing the programs...
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...Campbell Soup Company has designed a training program for a cross section of their employees. The overall goal is to have leadership experience in which employees can take with them and apply in their everyday lives. The program currently includes all three phases of the training design process: pre-training, learning event, and post training. “Pre-Training prepares, motivates and energizes trainees to attend learning events (Noe).” It also ensures that the transfer of training is not impeded by obstacles such as lack of support from managers, peers, or work environment. Campbell soup leadership has both built motivation and reduced obstacles by having each participant write a letter to the CEO that shares their level of commitment to the training, and explains what their individual goal is in the training. By writing the letter the trainees become vested in the transfer of training and are less to be skewed by outside influences. “Learning event prepare the instruction, and physical environment to facilitate learning and transfer of training (Noe).” This phase in the design process will focus on not only the materials that will be covered but also the environment in which it will encourage learning and transfer of training. Part of the environment includes choosing the best trainer; Campbell Soup Company has chosen executive leadership to share their leadership styles with the employees. This choice is important because it makes the training relevant as they...
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...When it comes to the disadvantages of the person-focused pay system, I would say that the increase cost to company, pay system errors, and high cost incurred in designing pay program. When discussing the increased cost to the company, this is what an organization hates to hear but it is a factor when it comes to this pay program. Training cost, hourly cost, and overhead cost is a big factor and a disadvantage when it comes to a company and the use of this pay program. When you are dealing with highly skilled employees, this will cause one to distribute higher labor cost. With this program one has to know that training is a part of the pay program and this will cost one to spend more verses a job-based pay program. Nonetheless, this cost will...
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...HR 400 Designing, Presenting and Evaluating a Training https://homeworklance.com/downloads/hr-400-designing-presenting-evaluating-training/ Designing, Presenting and Evaluating a Training Four Square Company is developing a training program for current employees who wish to become managers, and for people newly in management positions. As a Training and Development Specialist, your task is to develop an overall training plan for preparing managers. In addition, you will prepare a 10-15 minute presentation on the management training topic of your choice. A few suggestions are listed; you may contact your instructor for approval of a different one. • Hiring • Disciplinary actions • Performance reviews • Terminations • Managing Conflict in the Workplace • Leading a Meeting or Committee • Managing Employee Complaints • Managing Sexual Harassment Complaints Your plan will follow the ADDIE model: Analysis, Design, Development, Implementation, and Evaluation. More details for each section are given below. When addressing each piece, be as specific as possible, demonstrate your understanding of each relevant concept, incorporate the course material, and show how your choices are relevant to Four Square’s goals. A complete plan will be about 10-15 pages. If your plan is less than 10 pages, then it is likely that you are not writing at the level of detail required by the project. Address each concept in depth with complete explanations supported by what we are learning in...
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...Business Plans: Implementing and Designing Professor Laura Alderson MGMT 3510-001 University of Memphis By Keara Collins 1 April 2014 Business Plans: Implementing and Designing Each and every day Americans are striving to become more independent in the business world. Being a business owner is very exciting, but it requires knowledge, work, skills and maintenance. One of the best ways to design and implement a business plan is to write the vision and do the research. There are procedures on how to keep a business effective (Covey 1989). Research and knowledge helps to ensure the companies stability and longevity. Behind the Scenes Work The creation of a successful business will always take time, research, and work. There are many available resources to potential business owners. One of the most important aspects to starting a business is putting in the work to start the business, and keep the business. Successful businesses are not given to those who lay idle but to those who change their perception and work for end results (Covey et al.,1989). People must be willing invest the time and money into the business. Research past business successes and failures of similar businesses and take notes. The greatest leaders were once followers (Maxwell 10/02/2012). Skill is required when starting a business, skills are essential because it shows an area of specialty that the business owner has and a great amount of knowledge in that area. Sacrifices have to be made...
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...Prince Edward Island. In partnership with her sister Carolyn Knox, the company remained local to the island, but obtained multiple contracts for business and demand for their unique design in uniforms for the women’s service industry. The partnership of the company was split between Cheryl, operating the sales and promotion aspects of the business and Carolyn, she was the designer of the uniforms and the manager of the production department. In early 1987, Career Fashions had been in operation for a little over a year, but Carolyn had decided to step away from the business and the company partnership in pursuit of her own interests. This unfortunate situation left Cheryl with a dilemma of what action to take in regards to the future of the business. Having lost her only designer for the company, which is a crucial aspect for the continued success of the company, she must decide the future for Career Fashions. Various options are available to her from which she has to choose the most viable one and the most recommended and preferable one seems to be she herself managing the production sector and appointing a professional to assist her. DECISION OPTIONS Cheryl is currently facing the situation of running Career Fashions with the recent loss of her business partner and company designer Carolyn Knox. Several solutions for Cheryl to implement are listed below. 1. Sell off all inventories and all company assets and close down Career Fashions. 2. Promote a currently employed...
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... Seminar conducted by Mr. Ajit Kaikini from Buoyancee. Participated in Role Plays and got a prize for 2nd Best Sales Presentaion. 2) Sympsium on “ How to achieve quality education by students participation in studies” 2008 Lectures by speakers from all over India on different topics like Software, Business, Engineering etc. Work Experience / Corporate Training: 3 months Corporate Training at Integrated Audio Visuals India Pvt Ltd. (IAV) Jan-March 2010 Overview: IAV is a company of professionals in sales, marketing & support. It specializes in designing, supplying, installation, service & maintenance of a complete range of advanced and sophisticated Audio Visual Systems. Title: Marketing Trainee Role: During this training period I played the role of...
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...of the staffing, defining and designing work, and employee compensation and benefits. The goal for HRM is to make the most of the production of an organization by improving the success of the employees. Human Resource Management According to DeCenzo & Robbins (2007), human resource management will deal with the changing world and how it relates to the work field. HRM must “understand globalization, technology changes, workforce diversity, labor shortages, changing skill requirements, continuous improvement initiatives, the contingent workforce, decentralized work sites, and employee involvement” (DeCenzo & Robbins, 2007). Primary Function The primary functions of human resource management are overseeing department functions and managing employees. This includes strategic and functional responsibilities, compensation and benefits, training and development, recruitment and selection, and employee relations. Strategic Plan The strategic planning is when a company defines objectives and addresses any internal and external factors. The strategic planning process includes the mission and objectives, situation analysis, strategy formulation, strategy implementation, and evaluation and control. The company starts with the mission and objectives because the mission statement is the company’s reason for existing. Then the company does the situation analysis so they understand the goals and the best ways to reach these goals. Then the company must determine the formulation...
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...questions that the company has to ask before making a decision on whether or not to commence renovation. The array of question does not only include such issues as whether it is worthwhile for a company to invest its resources (staff and finance), the short-term and long-term benefits of the new IT system, better reach for the customers, lesser uncertainty etc. but also the risks that the company opens itself to with the introduction of new systems and the ways to eliminate most of it so as to ensure that the introduction of the new IT system does not go over the budget. The biggest issues I can identify are as follows: * Compliance with the overall business strategy * Compatibility with the existing systems * Staff expertise and their attitude to the proposed changes * Staff training * Day-to-day controls, function controls, etc. The main idea behind implementing a major new IT system is to facilitate better communication of information amongst all the parties involved in the value chain, including the customers. The more relevant data is collected and analyzed the more efficient and responsive the value chain is. The question is what information to regard relevant and useful and the other way round. In my understanding, the main thing is to remember that optimization should not be limited to a certain function and/or department but on the contrary, it should be inclusive of all operations to keep up with the aligned goal of the company. Therefore, when...
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...LO#1: Understanding learning theories and learning styles. 1.1. Comparing different learning styles: The term “learning styles” speaks to the understanding that every individual learns differently. Technically, an individual’s learning style refers to the preferential way in which the student absorbs, processes, comprehends and retains information. For example, when learning how to build a clock, some individuals understand the process by following verbal instructions, while others have to physically manipulate the clock themselves. This notion of individualized learning styles has gained widespread recognition in education theory and management strategies. One of the most accepted understandings of learning styles is that the individual learning styles fall into three categories : 2. Auditory learning : Auditory learners best understand new content through participating, listening and speaking in situations, such as lectures or group discussions. 2. Auditory learning : Auditory learners best understand new content through participating, listening and speaking in situations, such as lectures or group discussions. 1. Visual Learning : Visual learners prefer the use of images and graphic organizers to access and understand new information visually. 2. Visual Learning : Visual learners prefer the use of images and graphic organizers to access and understand new information visually. 3. Kinesthetic Learning : Individuals who are kinesthetic learners, best...
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...scandals in recent years have brought renewed focus on the incidence and corporate-wide exposure to financial statement fraud. These developments have resulted in comprehensive legislation and Securities and Exchange Commission (SEC) rulemaking concerning corporate governance and internal controls. Among the regulations is the Sarbanes-Oxley Act of 2002 which mandates that company management must file an annual report of the adequacy of internal controls related to its financial reporting. Controls related to the prevention and detection of fraud are an integral part of a company’s system of internal control. Deficiencies in antifraud programs and controls are serious. Such weaknesses could constitute significant deficiencies or material weaknesses in internal control over financial reporting. This may require public reporting and possibly may result in adverse consequences. Conversely, U.S. Federal Organizational Sentencing Guidelines indicate that having proper ethics and compliance programs and effective internal controls in place can mitigate the ultimate punishment of an organization, should a company be found guilty of committing a fraud in violation of federal and state laws. In addition to the legislative and regulatory requirements for antifraud programs, there are sound business reasons to implement them. The impact from fraud can have drastic effects on an organization, from loss of stakeholder value to shareholder lawsuits to reputational risk. Fraud prevention and...
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...model of training been used? Discuss some of the implications of using this model? Discuss the benefits of the training described in this case for the organization, employees and society? In case one, it provides inadequate information of using systems model of training. First of all, Canadian American transportation System recognize that ferry need highly regulated by U.S Coast Guard and Transport Canada. Therefore, they have to train no experience employees in order to meet the standards of related government officials. They identify two levels of training need to be conducted. One is safety of life at sea (SOLAS), another one is seafarers’ training certification and watch keeping (STCW). Both levels involve a series complicated procedures and trainees need take a lot of responsibilities. * Systems Approach to Training However, in this case, after recognized two levels of mandatory training, the employee were taken to pools to learn a series actions, such as how to jump in to water to get people into safety rafts, and how to use equipment in cold-water conditions. It did not provide information of identifying the needs between employees and organization or designing training program according to the current situation. Therefore, I believe that Canadian American transportation System provide inadequate information of using systems model of training. Theoretically, there are four major parts in systems model of training. These are conducting the need assessment, designing the...
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...The Human Computer Interface By: Dustin Hudson March 4, 2014 CIS 106: Prof. Howell In today’s world, there are various types of technology that humans interact with on a day to day basis. Technology is an ever evolving industry that is constantly trying to meet the demands of its consumers. Whether you are trying to write a document in Microsoft Word, talking to your IPhone using Siri, or having your respiration rates being monitored by a machine at the doctor’s office, all of these technologies are designed to interact with humans. The science behind designing technologies to meet the needs of human interaction is known as the human-computer interface. The human-computer interface involves many different perspectives in order to be effective. Most companies assemble a team when trying to develop a software program. This team can include people from departments such as “marketing, engineering, and manufacturing to get different perspective” (G. Anderson, D. Ferro, and R. Hilton 2013). Some teams even include psychology majors in order to get perspectives on human behavior and human memory. Developing a sound software program is very important in order for it to be successful. It has to be not only technically sound and reliable, but it also must be visually appealing to the consumer and work hand in hand with that person’s memory storage. A person has three types of memory, sensory storage, short term memory and long term memory. “Sensory storage works as a buffer to...
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...Internship Report Summer 2002 By: Danielle Cauthen Company: 3M Internship Dates: May 2002 - July 2002 Table of Contents 1. Biographical Sketch 2. Company Background 3. Internship Program pg. 3 pg. 3 pg. 3 4. Internship Project 4.1 Project Overview 4.2 Project Relevance 4.3 Project Timeline 4.4 In-House Training 4.5 Project Tasks and Results 4.6 Project Evaluation 5. Technical Products 5.1 Design Description 5.2 Code 5.3 Sample Outputs 6. Professional Growth 6.1 Challenges 6.2 Technical Skills Acquired 6.3 Business/Management Skills Acquired 6.4 Lessons I Would Apply to Next Internship 7. Summary/Conclusions pg. 3 pg. 4 pg. 4 pg. 4 pg. 5 pg. 5 pg. 5 pg. 5 pg. 5 pg. 6 pg. 6 pg. 6 pg. 6 pg. 7 pg. 7 pg. 7 pg. 7 2 1. Biographical Sketch I am originally from Silver Spring, Maryland, located in the Washington, DC metropolitan area, and am currently a graduating senior at Florida A&M University, majoring in Computer & Information Sciences. After graduation, I will be attending graduate school, in the Fall 2003, to pursue my master’s degree in Computer Science, at, hopefully, New York University. As far as previous internships, I have had three summer internships with 3M, starting the summer after my freshman year, and, in this report, I will be discussing my third and last internship with 3M this previous summer. 2. Company Background 3M, which stands for Minnesota Mining and Manufacturing, is headquartered in St. Paul, MN, and is a diversified manufacturer of...
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