In order to identify which of the two proposals brought forward would best suit the current needs of FTIAS, the best decision making technique that would apply is the decisions matrix. The decision matrix, which is a simple form of multiple criteria decision analysis, was the best technique to use to evaluate which proposal was to be implemented because financial estimates were difficult to achieve due to issues which are not tied to monetary values. Whilst performing the decision matrix…
Question 1 a. Management Accountants have an obligation to follow the highest standards of ethical responsibility and maintain good professional image. They also should not condone the commission of unethical acts by others within their organizations. It is obvious that falsifying travelling reimbursement claim by Mustapha was unethical conduct and I, as a professional that have been entrusted by the company’s shareholders to safeguard the company’s interests and well-being, should therefore…
The Porter’s five forces model does not adequately address the changes having taken place the last decades in the tourism industry. In addition, the model does not adequately include all actors affecting tourism firms’ environment. Based on these deficiencies of the model, the overall goal of this been set to complement, not replace, Porter’s five forces model in respect to the travel and tourism industry. This new element in four sections and these four elements cover a discussion of elements…
Love as a destructive force in Romeo and Juliet William Shakespeare’s masterly work, Romeo and Juliet is a tale of two star-crossed lovers, forbidden love, and tragic ends. The expression “love conquers all” generally has a positive connotation, but in Romeo and Juliet, love is what leads to the lovers’ undoing. Love, as seen in Shakespeare’s work, is a destructive force that leads to clouded judgement which ultimately causes downfall. Many characters in this play are fixated on making good…
This paper examines the misconception and the false belief of the investor in the game of roulette under the influence of the two theories of probability under behavioural finance: Gamblers fallacy and Hot hand theory. This paper’s first contribution is to identify and outline the existence of this bias belief previously demonstrated and then further demonstrate the existence of the biasness in an individual mindset in the game of roulette. This paper aims to carry out a study to differentiate…
Safety Table 1.1 Indicating the safety precautions taken throughout the experiment. Risk Assessment Risk Management Rubber Bands- Possible eye Injury Safety goggles were worn in case of rubber band making contact with eye area. Rubber Bands- Possible skin Injury All spectators were situated out of the way of the immediate danger, to avoid being hit with rubber bands. Rulers- Possible tripping over Rulers were placed on tables when not in use and were carried adjacent to the body when being…
1) What evidence is the CEO using to suggest that Genex is not using technology competitively? The CEO at Genex express the need for the business has to "start behaving like we're one business." Respectively, he is expressing his concern that at the time the organization is subdivided into three different business segments, all employing a distinct conciliation of functional divisions. Furthermore, each one had its independent IT director. 2) Did Devlin need to hire Sandy, a "high-priced…
regime plot to keep resource-rich underdeveloped communities or regions marginalised; and that these same condition also create other domestic pressures – economic, socio-political, or increased tension of another nature – which result in heightened risk of conflict. Assuming the two events are causally linked, there is no reason why causality should run in only one direction. For example, just as resource dependence could create conflict; it may be that conflict leads to greater natural…
Once you have reviewed the Project resources, respond to the below prompts: Teamwork factors: What factors lead to effective teamwork? What factors lead to ineffective teamwork? Provide a number of examples of each. Factors that lead to effective teamwork • Team members trust each others: this is a fact that leads to effectiveness of a team because once each team members trust that each one of the team is able to do something, the team will be successful. If in the team, there is someone the…
2. Nature of contract – Due Care According to (J.Kate, 1990) It is the duty of the auditor to perform its duties with skills, care and caution which reasonably competent and careful, (auditor negligence). Duty of care a requirement that a person act toward others and the public with watchfulness, attention, caution and prudence that a reasonable person in the circumstances would. If a person's actions do not meet this standard of care, then the acts are considered negligent, and any damages…