FIN
A company is already meeting the government standards of safety and health at the work place. Suppose the company spends money to upgrade the cafeteria as well as provide some recreational facilities for its workers. Discuss whether this means that the management of the company is not maximising shareholder wealth
Homework Answers
Traditionally, the focus of financial theory has always been on maximizing shareholder wealth, but recently a new concept has emerged that focuses on creating value for all stakeholders instead of shareholders. The other stakeholders except shareholders are employees. Suppliers, civil society, government, external environment. The logic behind this is that business not only requires capital, it also needs the support of other factors to sustain long-term growth. If the business creates wealth for shareholders at the expense of other stakeholders, then these stakeholders may stop paying The company provides services. Therefore, if the company uses funds to create facilities for workers, it is by no means creating wealth for shareholders. Having a good workplace will attract more talents to the company and bring more innovation and higher productivity for the company will ultimately bring more financial benefits to shareholders. The focus of management should be to create value for all stakeholders, rather than using one group to create benefits for another group.
Which of the following statements is not true of occupational exposures? a. Some carcinogens were first...
Which of the following statements is not true of occupational exposures? a. Some carcinogens were first recognized by finding clusters of cancer in workers exposed to them on the job b. Workers today are more likely to die of occupational diseases than workers of the past century c. Workers are more likely to be exposed to large amounts of toxic chemicals than ordinary citizens. d. The Occupational Safety and Health Act empowered the federal government to set standards for occupational...
Risk Management - Norhaniza Abdul Latiff Part A: Case Study Page 11 Foods Company is a...
Risk Management - Norhaniza Abdul Latiff Part A: Case Study Page 11 Foods Company is a cold storage warehouse, storing and delivering frozen foods for supermarkets. Established in 1999, Foods Company employs 30 people. The warehouse has a good sprinkler system with a regular maintenance programme in place. Goods inwards are stored on pallets and stacked in chiller units or freezer compartments. Temperatures in the cold storage ranges from -5 degrees Celsius in the chiller units to -30 degrees Celsius...
Your client, for whom you are writing the report, is a data scientist. His plan is to retire in t...
Could you do the handwriting for the questions? Thank you!
Your client, for whom you are writing the report, is a data scientist. His plan is to retire in the next 10 years, and is therefore looking to invest more heavily in financial products. While his knowledge of maths and statistics is extensive, his knowledge of financial theory and financial mathematics is almost non- existent. He is looking for investments for both short-term and long-term returns. He has completed some...
You are the HR manager of a large local council (Shire). The council has adequate funding...
You are the HR manager of a large local council (Shire). The council has adequate funding for HR services delivered by a dedicated HR department. Your organisation’s strategic and operational plans call for the council’s organisational structure to change; with the employees to be divided into new sections. This is likely to cause significant disruption and it is expected that some employees will be dissatisfied with the restructure. Together with the HR team, CEO, managers and a selection of employees,...
Health care managers and risk management professionals should not make light of the complexity associated with...
Health care managers and risk management professionals should not make light of the complexity associated with providing healthcare services. Regulations, third-party payer requirements, and licensing/accreditation standards contribute to this complexity but, formalized policies and procedures can ease the difficulty by promoting workplace safety, regulatory compliance, and the delivery of safe, high-quality patient care. Additionally, well-written, up-to-date policies and procedures reduce practice inconsistency that my result in substandard care and patient harm. The operational challenges associated with writing and maintaining complete...
Based on this case study, you are now required to identify, discuss and evaluate a range of selected management theor...
Based on this case study, you are now required to
identify, discuss and evaluate a range of selected management
theories and concepts from management that managers and
organisations can use to operates efficiently and effectively.
Although this is a report based on the real world (case study), you
are still required to use academic sources including the textbook
and journal articles as well as use academic citation and
referencing conventions. A good analysis (in the discussion
section) will include consideration...
Ghana recorded its first coronavirus case on 12th March 2020. The cases started increasing after a...
Ghana recorded its first coronavirus case on 12th March 2020. The cases started increasing after a week leading to the President of the Republic instituting among several interventions; closing down first and second cycle schools, tertiary institutions, partial lockdown in some parts of the country, restriction on social and religious gathering, restriction on internal travelling, closure of borders and deployment of military on our borders to enforce the laws and the safety protocol directives issued by the government, other health...
You have been hired as a Management Consultant by a large company to examine the business decisions of the company in re...
You have been hired as a Management Consultant by a large company to examine the business decisions of the company in regards to employee protections. The laws applicable are federal anti-discrimination laws, federal health and safety laws and employer firing practices related to the employment-at-will doctrine. In relation to the three questions below, write a four to six (4-6) page paper in which you: 1. Analyze, identify and explain recent legislation, within the last 10 years, that helps to protect...
You have been hired as a Management Consultant by a large company to examine the business...
You have been hired as a Management Consultant by a large company to examine the business decisions of the company in regards to employee protections. The laws applicable are federal anti-discrimination laws, federal health and safety laws and employer firing practices related to the employment-at-will doctrine. In relation to the three questions below, write a four to six (4-6) page paper in which you: 1. Analyze, identify and explain recent legislation, within the last 10 years, that helps to protect...
Nicki Fenty Corporation manufactures a variety of beauty products in several departments and evaluates departments and...
Nicki Fenty Corporation manufactures a variety of beauty products in several departments and evaluates departments and departmental managers by comparing actual cost and output relative to the budget. Departmental managers help create the budgets and usually provide information about input quantities for materials, labor, and overhead costs. Chante Moore is the manager of the department that produces lip gloss. Chante has estimated these inputs for Lip gloss: Input Budget quantity per unit output Direct Materials 8 Pounds Direct Manufacturing Labour...
Risk Management - Norhaniza Abdul Latiff Part A: Case Study Page 11 Foods Company is a cold storage warehouse, storing and delivering frozen foods for supermarkets. Established in 1999, Foods Company employs 30 people. The warehouse has a good sprinkler system with a regular maintenance programme in place. Goods inwards are stored on pallets and stacked in chiller units or freezer compartments. Temperatures in the cold storage ranges from -5 degrees Celsius in the chiller units to -30 degrees Celsius...
Could you do the handwriting for the questions? Thank you!
Your client, for whom you are writing the report, is a data scientist. His plan is to retire in the next 10 years, and is therefore looking to invest more heavily in financial products. While his knowledge of maths and statistics is extensive, his knowledge of financial theory and financial mathematics is almost non- existent. He is looking for investments for both short-term and long-term returns. He has completed some...
Health care managers and risk management professionals should not make light of the complexity associated with providing healthcare services. Regulations, third-party payer requirements, and licensing/accreditation standards contribute to this complexity but, formalized policies and procedures can ease the difficulty by promoting workplace safety, regulatory compliance, and the delivery of safe, high-quality patient care. Additionally, well-written, up-to-date policies and procedures reduce practice inconsistency that my result in substandard care and patient harm. The operational challenges associated with writing and maintaining complete...
Based on this case study, you are now required to
identify, discuss and evaluate a range of selected management
theories and concepts from management that managers and
organisations can use to operates efficiently and effectively.
Although this is a report based on the real world (case study), you
are still required to use academic sources including the textbook
and journal articles as well as use academic citation and
referencing conventions. A good analysis (in the discussion
section) will include consideration...
Ghana recorded its first coronavirus case on 12th March 2020. The cases started increasing after a week leading to the President of the Republic instituting among several interventions; closing down first and second cycle schools, tertiary institutions, partial lockdown in some parts of the country, restriction on social and religious gathering, restriction on internal travelling, closure of borders and deployment of military on our borders to enforce the laws and the safety protocol directives issued by the government, other health...
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