Employees Must Decide on their Own to Quit Smoking, Not...

A place where people work must have specific rules regarding its hours and regulation. However, under no circumstances should employers decide for their employees whether they may smoke during their free time. People are capable of making decisions for themselves. In addition, enabling employers to decide for their employees about their lifestyle choices, might lead to employees having little control over their personal life. Finally, quitting smoking takes time. People adjust differently and a universal, fixed time frame for quitting smoking can lead to undesirable results for both the employer and employee. Adults are capable of making their own decisions. Progressive, significant decisions from choosing a spouse to having a child†¦show more content†¦Enabling employers to decide for their employees how they can behave after work hours, might lead to employees having little control over their personal life. In his article for The New York Times, Jeremy W. Peters brings se veral examples from the recent past that show attempts on the part of employers to control their employees’ behavior outside of work: Until the mid-1990s, the airlines enforced policies that limited how much a flight attendant could weigh. In the 1980s, Electronic Data Systems, the computer software company founded by Ross Perot, had a policy barring facial hair, and fired an employee who said that he wore a beard for religious reasons. In 1989, a company in Indiana fired an employee for drinking after work, a violation of the companys no-alcohol policy. And just last September, a company in Alabama fired a woman who drove to work with a Kerry-Edwards bumper sticker. Peters goes on to claim that this trend of companies involving themselves in the personal lives of their workers is increasing. With companies dictating weight, personal appearance, and political speech – not to mention the smoking policy that is the subject of his article - one is left to wonder: where will it end? People adjust differently, and a universal, fixed time frame for quitting smoking can lead to undesirable results for both the employer and employee. Employees might feel that their jobs are at risk; they might develop severe anxietyShow MoreRelatedFast Food Nation2114 Words   |  9 Pagescountries new jobs. Fast food employees are deceived by the business just as much as the people who consume fast food. One out of every eight workers in the United States has by some point in time been employed by McDonalds alone. (p.4) With the increased intake of fast food, has come the increased intake of profit for franchise owners. This in turn allows them to hire more employees and add to the work force. A typical fast food employee is an adolescent who is under the age of twenty. He or sheRead More25 Case Studies with Reaction Paper15531 Words   |  63 PagesORGANISATIONAL STRUCTURE AT FABRIQUE DÉCOR †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..10 CASE 5: HORSEPLAY OR FIGHTING? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...12 CASE 6: MILANO’S PIZZA †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 CASE 7: PLOWING THE SOUTH FORTY †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....16 CASE 8: FUNCTIONING UNDER FEMALE CHIEF EXECUTIVE†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..19 CASE 9: EMPLOYEES REACT TO PAY CUTS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...21 CASE 10: HOW TO MANAGE A LIBRARY †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...22 CASE 11: VIVEK HAS COMMUNICATION PROBLEM †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..25 CASE 12: GE’S WORK-OUT †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..25 CASE 13: MR. ALOK BANARJEERead MoreAnalysis of Strategic Direction of the Organisation Business3402 Words   |  14 PagesAnd these are the various techniques to be followed while making effective decision. 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The Common Of Computer Surveillance Essay - 1865 Words

ABSTRACT This research paper will focus on the common notions of computer surveillance in the workplace. However, the research paper will not focus primarily on the benefits of computer surveillance in the workplace nor on the negatives of computer surveillance in the workplace. It will work upon how computer surveillance in the workplace can be carried out without hampering motivation, employee loyalty and trust as well as how computer surveillance in the workplace can be improved to bring more quality, productivity, efficiency, and motivation to the workplace. Moreover. This paper will also focus on the recent studies that have been complied with to bring out better prospective on the topic in recent years. Furthermore, the objectives, methods used and the time scale needed to complete this research paper along with the research question that needs to be presented, will all be mentioned in this research paper. The research paper will also include resources that may come into use for the res earch paper to become more effective. Furthermore, a decisive conclusion will also be brought about so as to clear the motive of the research paper and the direction in which the research paper will be headed from the off start. Keywords: Computer surveillance, efficiency, productivity, motivation, workplace. BACKGROUND There have been numerous studies that have been conducted over the topic of computer surveillance in workplace. However, many of these research topics have come to aShow MoreRelatedCybercrime And The World Of Cybercrime Essay1742 Words   |  7 PagesIn today’s world, people have become very used to using high technology in the 21st century such as computers, smartphones, and recently, smart watches. This technology is so common that many people rely on their devices just to perform some basic tasks for some of the most common jobs. 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Business Accounting and Investment

Question: Discuss about the Business Accounting and Investment. Answer: The essay discusses about the investment made by two companies in the departmental stores and the process they follow in recording the value of assets in accordance with the Australian Conceptual framework. According to the Australian Conceptual framework, assets are defined as the present economic resources that is controlled by the entity because of the past events. In order to provide the relevant information about the assets, it is required by the organization to have more than one basis of measurement. The information provided in the current financial statement about recording the value of the assets is made more relevant by using a different measurement basis to determine the related income and expense in the statement of profit and loss (Birt et al. 2014). It is also done by using the current value measurement basis for the assets in the financial statement. Record of investment in Target by Wesfarmers: The investment made by the company should be classified by the entity as per the nature or the function of the business entity so that the information is displayed in the manner, which is useful for the decision-making. The framework that the cost of brand generated internally provides it, is distinguished it for the cost of developing the business as a whole. In the event of acquiring the assets from the third party, the consideration given to acquire those assets is distinguishable from the cost development for the business as whole. Reliability is the criteria for the recognition and using the reasonable estimates is an essential part of preparing the financial statements. Such measurement bias is used by the entity in preparing the financial statements, which is usually combined with the other assets (Bull 2014). In assessing the value in use of the target, the estimated future cash flow are discounted to their present value using the discount rate. Impairment of Target CGU was recognized in respect of plant and equipment worth $ 58 million and goodwill worth $ 1208 million (Wesfarmers.com.au 2017). This was in respect of the impairment expenses. Impairment expenses: (Source: Wesfarmers.com.au 2017) Capital employed by the organization was lower in the year 2016 by $ 1370 million and the capital at the year-end stood at $ 27663 million. This fall on the capital employee was due to the non-cash impairment in Target. The goodwill of the Target at $ 1208 million and the amount of non-cash impairment of Target was recorded at $ 1266 (Hoyle et al. 2015). Company paid lower taxes due to losses recorded in Target and this resulted an increase in the net tax balance. Relevant accounts used in Wesfarmers financial statements: Due to the non-cash impairment of Target, there was decrease in the value of net profit by 3.6% and this amounted to $ 2353 million. Net profit of the Group: (Source: Wesfarmers.com.au 2017) Cash Capital expenditure: (Source: Wesfarmers.com.au 2017) Earnings attributable from the Target stores restructuring cost amounting to $ 145 million and provisions incurred as a part of the revised strategy. The amount recorded as the write down of the Target share of goodwill. Revenue of target increased to $ 3.5 billion and reported an operating loss of $ 195 million. Due to the high level of stock clearance, the business recorded a loss of $ 50 million. Due to the tax impairment of the Target, the profit of the year was low at $ 407 million as compared to the $ 2440 million in the previous year. The impairment also affected the outcome of the annual incentive for the finance and the managing director of the Group. Financial statement: (Source: Wesfarmers.com.au 2017) Due to the non-cash impairment of target, the Group reported net profit after tax of $ 407 million in the financial year 2016. Decrease in the recoverable amount of Target reflects the current trading performance, changes in the strategic plan and short-term outlook. This impairment arose on the acquisition of the Coles Group by the organization. Since the recoverable amount of Target approximates the carrying value and if there is any adverse, movements in the key, assumptions may lead to the possibility of further impairment (Collier 2015). Segmented revenue: (Source: Wesfarmers.com.au 2017) The result attributable to Target includes restructuring costs of $ 145 million and the provisions incurred for resetting the Target. The recoverable value is sensitive to changes in the forecasted long-term EBIT and discount rate (Reimers 2014). Impact of asset write down on the profitability of Wesfarmers: Weighs of Target Write down on Wesfarmers: The write down influenced the net profit and it fell to $ 407 million and increased the revenue to $ 66 billion. Wesfarmers Target write down the value of goodwill by more than a billion dollars. Group has expected to write down the value of Target department store between $ 1.1 billion to $ 1.3 billion. Write down related mainly to goodwill and included the non-cash amount. Write down of the goodwill has resulted one off cost of $ 145 million. Impact of Woolworths investment in masters on its profitability: Cost and the impairment charges to exit the Masters Home would total to $ 1.8 billion. On the back of mixed gross margin and costly store openings, losses at the Masters increased by $ 137.9 billion and the percentage increase was 22.9%. Woolworth has decided to cut down the investment in the masters nu one third and the investment is down by the value $ US 530 million. On the hardware business, the company has accumulated a loss of $ A 600 billion. Non-cash impairment charge amounting to $ 530 million has been booked by the organization against the investment in Masters (Woolworthsholdings.co.za 2017). In the year 2015, Masters has reported annual loss of $ 245 million. Since, there have been the loss generated by the way of investment in Masters; this has resulted in the heavy decline in the share price of Woolworth. In year 2016, Woolworths recorded an exit plan of the Masters store. Organization have decided to sell the inventories from the Masters store by inventory divestment. Woolworths has reported an after tax loss of $ 927.7 million in the first half year of 2016. Ongoing losses resulted from the investment made in Masters made in impossible to sustain from the business. The Woolworths have ruled off the Masters Debacle and it has been booked of as a discontinued operation along with reporting the final post tax loss of $ 3.2 billion loss. Sales revenue generated from the Masters, the recorded revenue fell by $ 58.5 billion, and the percentage decline is 0.8 %. Underlying earnings of the company has collapsed to $ 804 million from $ 2.6 billion (Woolworthsholdings.co.za 2017). Comparison between Woolworth and Wesfarmers investment: Investment made by Woolworths in Masters has resulted in the loss of $ 225 million on the business reported. Masters was expected to turn profitable in the year 2016 and the stocks of Masters will raise. Investment in Masters was a failure because of the seasonal difference between the northern and southern hemisphere. Investments in Masters was a trusted dealings but this resulted in a huge loss for the company for which they are seeking investment plan. Company has been struggling home improvement business masters and continued to saw the bottom line and there was a drop in the profit by $ 1.28 billion in the first half. Losses from investing in Masters continued to grow and company decided to wrote down the value of investments by its one-third value. This investment failure in Masters by Woolworths was attributable to some factors such as poorly throughout strategy and the expansion into the home improvement Masters clearly pulled down the profitability of the whole Group. Selling wrong stuffs, selection of wrong location for expansion, flaws in workplace culture were some other strategies responsible for the investment failure. Investment by Wesfarmers in the Target departmental store is reflected in its high growth profile. Due to the reduced outlook and poor trading results, the company decided on impairing the investment made in target. Impairment cost and restructuring charges has reduced the profit, which resulted in the fall of dividends payable to the shareholders. Company has not made rapid progress in turning the business around Target. Target did not deliver growth in earning before profit and taxes. However, it will continue to focus on the revised strategy developed by the business. It will be focusing on the strong capital efficiency resulted in the moderate capital expenditure. Strategy concerning Target has been reset and will focus on progressing change and implementing the key risk to the Target. From the above discussion concerning investment made by Wesfarmers and Woolworths in Target and Masters respectively, generated loss to the business. Loss attributable from the investment in Target was sufficed by the organization, which restructured and reset the strategies accordingly. On the other hand, investment in Masters by Woolworths contributed to the loss of business and it resulted in the horror show. This is so because it posted a huge amount of loss to the business. There was disastrous rollout of Masters in the business history of Australia. Therefore, Woolworths expansion of the business line in Masters was a failure and Target will continue to deliver the expected growth to the Wesfarmers in the light of restructured strategy. Reference: Birt, J., Chalmers, K., Maloney, S., Brooks, A., Oliver, J. and Janson, P., 2014. Accounting: Business Reporting for Decision Making 5e. Bull, R.J., 2014.Accounting in business. Butterworth-Heinemann. Collier, P.M., 2015.Accounting for managers: Interpreting accounting information for decision making. John Wiley Sons. Hartley, W.C., 2014.An introduction to business accounting for managers. Elsevier. Hoyle, J.B., Schaefer, T. and Doupnik, T., 2015.Advanced accounting. McGraw Hill. Kaplan, R.S. and Atkinson, A.A., 2015.Advanced management accounting. PHI Learning. O'Connell, B., Carnegie, G., Carter, A., de Lange, P., Hancock, P., Helliar, C. and Watty, K., 2015. Shaping the future of accounting in business education in Australia. Palepu, K.G., Healy, P.M. and Peek, E., 2013.Business analysis and valuation: IFRS edition. Cengage Learning. Reimers, J.L., 2014.Financial Accounting: Business Process Approach. Pearson Higher Ed. Sangster, A., 2015.Frank Wood's business accounting 2(Vol. 2). Pearson Education. Wesfarmers.com.au. (2017). Available at: https://www.wesfarmers.com.au/docs/default-source/reports/2016-annual-report.pdf?sfvrsn=4 [Accessed 23 Jan. 2017]. Woolworthsholdings.co.za (2017). Available at: https://www.woolworthsholdings.co.za/downloads/2016/WHL-Audited-Annual-Financial-Statements-2016.pdf [Accessed 23 Jan. 2017].