Free Essay

Documets

In: Business and Management

Submitted By ghinwa
Words 1074
Pages 5
Mariam Diab
ID:10931041
Sec: C
Date: 19-4-2014
Dr.Ali Dirani
IMGT497 Entrepreneurship

1- Competitive intelligence is the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors, and any aspect of the environment needed to support executives and managers making strategic decisions for an organization Competitive intelligence is an ethical and legal business practice, as opposed to industrial espionage, which is illegal Competitive intelligence essentially means understanding and learning what's happening in the world outside your business so you can be as competitive as possible. It means learning as much as possible as soon as possible about your industry in general, your competitors, or even your county's particular zoning rules.
Ethics has been a long-held issue of discussion among CI practitioners. Essentially, the questions revolve around what is and is not allowable in terms of CI practitioners' activity. A number of very excellent scholarly treatments have been generated on this topic, most prominently addressed through Society of Competitive Intelligence Professionals publications. The book Competitive Intelligence Ethics: Navigating the Gray Zone provides nearly twenty separate views about ethics in CI, as well as another 10 codes used by various individuals or organizations. Combining that with the over two dozen scholarly articles or studies found within the various CI bibliographic entries, it is clear that no shortage of study has gone into better classifying, understanding and addressing CI ethics. Competitive information may be obtained from public or subscription sources, from networking with competitor staff or customers, disassembly of competitor products or from field research interviews. Competitive intelligence research is distinguishable from industrial espionage, as CI practitioners generally abide by local legal guidelines and ethical business norms. People should feel free to comment on other methods they have used. I’ll also provide some examples of activities that I either think are questionable or outright unethical. Here are some examples of ethical, secondary research methods for performing CI: -Pulling annual reports and shareholder presentations on competitors from the web -Analyzing securities and exchange commission (SEC) filings and financial statements. -Gathering marketing collateral information from trade show booths of competitors -Obtaining industry reports from investment banks and/or financial institutions -Reverse engineering the positioning focus of competitors from marketing collateral. http://www.scip.org/About/content.cfm?ItemNumber=578&navItemNumber=504
2- The Code of Ethics for CI Professionals are:
To continually strive to increase the recognition and respect of the profession. To comply with all applicable laws, domestic and international. To accurately disclose all relevant information, including one's identity and organization, prior to all interviews. To avoid conflicts of interest in fulfilling one's duties. To provide honest and realistic recommendations and conclusions in the execution of one's duties. To promote this code of ethics within one's company, with third-party contractors and within the entire profession. To faithfully adhere to and abide by one's company policies, objectives and guidelines. Employees who formerly worked for competitors can be valuable sources of competitive intelligence. However, employees owe a duty of confidentiality to their former employers. Therefore, before you interview employee(s) who previously worked for a competitor, you should inform them that you do not want them to tell you confidential information about the prior employer. If an employee reveals information that appears to be confidential, do not use it and report the matter to your management or legal counsel. Competitive intelligence is the process of legally and ethically gathering and analyzing information about competitors and the industries in which they operate in order to help your organization make better decisions and reach its goals. Corporate intelligence, business intelligence, market intelligence, and other similar terms are often used interchangeably, and more often than not any difference between them is one of semantics more than substance. It should be pointed out that the Code of Ethics applies to Competitive Intelligence Professionals; Nate is not a professional in this field so it really isn’t applicable. In any case, the guidelines state that one is to accurately disclose all relevant information, including one’s identity and organization, prior to all interviews and that one is to comply with all local, state and federal laws. With that said, the actions under consideration would be considered ethically borderline at best. Nate must research the legality of looking through garbage as it is likely illegal. http://www.entrepreneur.com/encyclopedia/competitive-intelligence http://www.scip.org/About/content.cfm?ItemNumber=578&navItemNumber
4- I believe that use of publicly available information such as government records and filings, advertisements, and articles is ethical. Deceptive or sneaky tactics, such as hacking, designed to gain access to confidential information are not ethical. first address the issues that arise in the context of the cooperative obtaining of information. Next we will turn to those issues that might arise by obtaining information in the public domain or from third parties. Finally, we will conclude by proposing a method whereby competitive intelligence gatherers can seek to avoid breaching either legal or ethical constraints. all Employees must: a-record and report information accurately and honestly b-comply with the Company’s accounting standards, practices, rules, regulations and controls, and with those of relevant authorities in the United States and elsewhere; c-see that all entries are promptly and accurately recorded and properly documented. The Company’s records are subject to internal and external audit. No entry may intentionally distort or disguise the true nature of any transaction; d-never establish any undisclosed or unrecorded funds or assets for any purpose; e-maintain books and records that will fairly and accurately reflect the Company’s business transactions; f-Comply with the Company’s Record Retention Policy. g-maintain books and records that will fairly and accurately reflect the Company’s business transactions; h-Comply with the Company’s Record Retention Policy.
By JustChkg28, Feb. 2013 | 2 Pages (483 Words) | 2 Views School: | Course Title: Intro to Entrepreneurship | http://www.scip.org/About/content.cfm?ItemNumber=578&navItemNumber= References: 1. http://www.scip.org/About/content.cfm?ItemNumber=578&navItemNumber=504 Jump up ^ http://www.entrepreneur.com/encyclopedia/competitive-intelligence 2. Jump up ^ Haag, Stephen. Management Information Systems for the Information Age. Third Edition. McGraw-Hill Ryerson, 2006. 3. ^ Jump up to: a b Gilad, Ben. "The Future of Competitive Intelligence: Contest for the Profession's Soul", Competitive Intelligence Magazine, 2008, 11(5), 22 4. By JustChkg28, feb. 2013 | 2 Pages (483 Words) | 2 Views School: | Course Title: Intro to Entrepreneurship | Professor: Unknown

Similar Documents

Premium Essay

Admission Documets

...IN THE HIGH COURT OF SOUTH AFRICA (NORTH GAUTENG HIGH COURT, PRETORIA) CASE NO: In the Ex-Parte application of: BUSISANI MOSES MBOMVU APPLICANT (FOR HER ADMISSION AND ENROLMENT AS AN ATTORNEY) ________________________________________________________________________ AFFIDAVIT IN SUPPORT OF NOTICE OF MOTION ________________________________________________________________________ I, the undersigned, BUSISANI MOSES MBOMVU do hereby make oath and state that: 1. INTRODUCTION AND JURISDICTION 1. I am an adult male person and the Applicant in this matter, the facts contained herein are within my personal knowledge and are to the best of my knowledge and belief both true and correct, save where the contrary appears from the context. 2. I am residing at number 1214 Gija Street, Daveyton, 2015, Johannesburg, in the Gauteng Province, Republic of South Africa. 1.4 I am domiciled within the area of jurisdiction of the above Honourable Court. 1.5 In the affidavit, except where the context indicates otherwise, reference to “the Act” means the Attorneys Act, No. 53 of 1979, as amended. 1.6 I respectfully submit that this Honourable Court has jurisdiction to hear this application as I am domiciled within the jurisdiction of the above Honourable Court as contemplated by Section 19 of the Supreme Court Act 59 of 1959. 1. BIRTH AND CITIZENSHIP 2.1 I was born on the 22nd of......

Words: 2655 - Pages: 11

Free Essay

Documet

...თაფლი „ამბროზია“ ჯგუფი 3 ნათია შინდელიშვილი; მზექალა გორგოშაძე; ჯონი ოჩხიკიძე; თეო ქართველიშვილი; ნოდარი ჩხატარაშვილი; თეა აგურაშვილი; გიზო ვაზტანგაშვილი; მიხეილ თუმანიშვილი; თამთა გურჯიძე-ჯგუფი 4; ლადო მანჯავიძე-ჯგუფი 1 ჩვენ გადავწყვიტეთ შეგვემნა ახალი თაფლის მწარმოებელი კომპანია, რისი პირველი მიზეზი სწრაფად მზარდი ბაზარია, მაგრამ, ამავე დროს უნდა აღინიშნოს, რომ თაფლის ბაზარზე ქართული კომპანიების აქტიურობა ნაკლებად შეინიშნება- ბაზარზე ძირითადად დომინირებენ მოყვარული მეფუტკრეები. მოყვარულ მეფუტკრეებად ითვლებიან ისინი, ვისაც 10 დან 20 ოჯახამდე ფუტკარი ჰყავთ. გვხვდება მხოლოდ რამდენიმე პროფესიონალი მეფუტკრეობის კომპანია- შპს „მეთაფლია“ და „გეო ნატურალი“. მთელი წლის განმავლობაში კი სუპერმარკეტების დახლებზე მხოლოდ იმპორტირებული თაფლია, დანარჩენი გამყიდველები ახალი წლისა და ზამთრის სეზონზე აქტიურდებიან. რაც შეეხება კომპანიის სახელს, ჩვენ შევარჩიეთ „ამბროზია“.“ამბროზია“- ძველ ბერძნულ მითოლოგიაში - ღმერთების არომატული საკვებია, რომელიც მათ უკვდავებას ანიჭებდა. ჩვენი სახელი ხაზს უსვამს ჩვენი პროდუქტის განსაკუთრებულობასა და უნიკალურობას. კომპანიის ქარხანა იფუნქციონირებს გურიაში, კერძოდ, ჩოხატაურის რაიონის მიმდებარე ტერიტორიაზე, მოშორებული დასახლებულ პუნქტებს. ამ ადგილის არჩევის მთავარი მიზეზია ბუნებრივი გარემო. აქ წარმოდგენილია ხეების ისეთი ჯიშები, რომლებიც აუცილებელია მაღალი ხარისხის თაფლის საწარმოებლად. სათავო ოფისი კი თბილისში იქნება, რადგან, გურიაში ქარხნის მდებარეობიდან გამომდინარე, სხვადასხვა ხელშეკრელების გაფორმება და ბიზნეს საქმიანობა ძალზედ არაკომფორტული და......

Words: 4080 - Pages: 17

Premium Essay

Practical Report

...error I need to do correction. After all done, I need to prepared signed account and sent draft for discussion to client and then I will prepare report which is final report. Different with audit workfiled, in audit workfield I just need to do test check, revenue cycle, expenditure cycle and collection cycle. Revenue, expenses and collection cycle is done by listing three most huge amount inccured during the year. Other than that I just need to make a copy of supporting document thatis needed to attach in audit working paper. ACCOUNT WORK In accounting field, senior that guided me is Mdm Dewi and Miss Afifah. They taught me how to use and key in transaction in a system known as User Bussiness System (UBS). Ussually, when client sent documet, i need to key in them in UBS system accordings to its category of account. The important thing is I must check what the year end of that company because it will effect all the transaction. After that, I need to proceed with bank reconciliation. This step involves checking the amount stated in bank statement whether it is same as per system. Then, I need to tick in the box provided. Finally, I must ensure that ending balance of account is tally as perbank statement. TAXATION WORK When the companies get profit, automatically tax is compute. If the company suffered losses there is not need to compute the tax. There is two type of tax which are company tax and individual tax. In company tax , I need to calculate capital......

Words: 940 - Pages: 4

Premium Essay

Walmart de Mexico's Bribery Issue

...fact that Rodríguezmacedo was implicated in the bribery allegations. Then the investigatiors silienced and case closed. We might figure out Walmart’s trying to conceal all the thing, as a result, no executive was notified in this case. Six years later, Walmart disclosed FCPA investigation beginning the internal investigation into whether certain matters, including permitting, licensing and inspections, were in compliance with the U.S. FCPA. In 2012, the Walmart bribery scandal 2.0 went public as the allegation of The New York Time was that Walmart Mexico, under the direction of the then country CEO and his General Counsel, bribed officials to get permits and clearances for new stores — and falsified records of these transactions. The NYT documets shown more than $24 million in bribes. Although, it must be emphasized that there are are not official findings as yet. Certainly an important goal for Walmart’s board and current management is to improve the company’s compliance capability. According to Walmart’s Global Compliance Report (GCR), it is also likely that enhanced compliance personnel, processes and systems are part of a company effort to respond to problems uncovered in the investigation to improve its position in settlement negotiations with the government. Through January, 2014, the company has spent $439 million on the probe, and estimated that it would spend $200-240 million more on investigative and compliance costs this year. It has retained three law firms, one......

Words: 677 - Pages: 3

Premium Essay

Chapter 2 Review Question

...Gunther Documet 9/14/2015 Applications in Info Security Chapter 4 Review Questions: 1)It might depend on the risk, although all risks should be addressed. The conditions that an organization might have is if they don't have a risk management plan or if they don't have the money to identify and mitigate the risk 2) 3)Alignment is important because it can align organizational goals with ICT works. The benefits to an organization as a whole is that it can align security processes with business goals. 4)Evaluation is important because it can determine if your team is achieving the objectives and this is usually done through gathering data and then analyzing it. Organizations benefit by collecting quantitative data because it can be used to evaluate the options and implications of a decision. 5)A contract is an agreement between a customer and a supplier, while the RFP is technically a bid solicitation. 6)Typically a subcontractor role is to perform specific tasks given by a general contractor. They can be controlled by the supplier to follow the right procedures that are given in the contract. 7)The problem resolution is important because it involves two parties in agreeing that all problems are identified, analyzed, managed, and controlled to resolution. 8)There are two types of reviews: Formal Reviews Informal Reviews In a formal review, the ICT is presented to a team or to an individual before the actual review. In the other hand the informal......

Words: 334 - Pages: 2

Free Essay

Sample of Pivot Table

... | |  | |  | | | 15 NGO: The bank help different Non- Government Organizations(NGOs) to provide SME and Micro-credit loan to the small entrepreneurs of Bangladesh. Regulatory Authority: The Board of Directors and Central Bank of Bangladesh are the regulatory authority of BASIC bank.The bank provides accurate financial reports, research papers, other documets to them. Share holder: As BASIC Bank’s 100% share is owned by government of Bangladesh it has no responsibility to distribute the profits but it works for govt. for the development of people and general economy. Financial Institutions: BASIC Bank maintains communication with different types of financial organizations. In this process it carry on with proper communication skills. 16 Barriers of BASIC Bank: Communication barriers are the problems that arise at every stage of the communication process and have the potential to create misunderstanding and confusion. Different barriers to communication of BASIC Bank are described below: Government interruption: ......

Words: 3420 - Pages: 14