The Number One Article on Essay Help

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Social Responsibility And Business Ethics Essay - 1470 Words

Introduction The purpose of this paper is to assess an article written by William Cohen (2009) which outlines Peter Drucker’s description of the role of social responsibility in business organizations and society. This paper will compare similarities and differences between Cohen’s perspective on social responsibility to the social responsibility and business ethics theories of Drucker and Milton Friedman. Furthermore, this paper will provide a frame of reference on corporate social responsibility and business ethics presented in other research. Social Responsibility Defined Cohen, 2009 wrote in his article that Drucker defined social responsibility as the full responsibility of every organization to assume its impact on employees, the environment, customers, and whoever and whatever it touches. In essence, business organizations should care about the internal and external societal ecosystems where it exists. Other researchers such as (Halme, Roome, Dobers, (2009)) consider Corporate Responsibility as activities implemented by a company that contributes to a better society including its environmental conditions. However, for the purpose of this paper, social responsibility, as defined by Drucker is adopted. Friedman (1970) presented another perspective of social responsibility in business. In consonance, Friedman (1970) writes that the first step in understanding the social responsibility doctrine is to find out what social responsibility implies for each entityShow MoreRelatedBusiness Ethics And Social Responsibility1167 Words   |  5 PagesCOMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Essay on Ethics and corporate Social Responsibilities SUBMITTED BY: Karuna Shrestha SID# TIA2346 SUBMITTED TO: Understanding Ethics and CSR (Corporate Social Responsibilities) Corporate social responsibility is no more characterized by the amount of cash an organization adds to charities, yet by its general inclusion in exercises that enhance the nature of individuals lives. Corporate Responsibility has come up as a huge topic in theRead MoreBusiness Ethics And Social Responsibility1828 Words   |  8 PagesIntroduction Businesses nowadays hold a lot of responsibility when developing and selling products/service ethically. Business ethics is the discussion that many scholars are talking about in securing a business’s reputation and success. In this paper, I will be tackling the surrounding ideals when it’s comes to business ethics and how a business should be run in order to have social responsibility. In addition, the theories that are based around these topics will be added into a scholarly debateRead MoreBusiness Ethics And Social Responsibility879 Words   |  4 PagesBusiness Ethics and Social Responsibility During this short summer class, I have understood more than I ever could have done before. Not only because the study of ethics is crucial, but also because being socially responsible is part of being ethical. Among the most important assignments required from this course are: Journals, discussion boards, social project, and the lectures. However, the first group collaboration was our own code of ethics; from there, students were required to follow it asRead MoreBusiness Ethics and Social Responsibility665 Words   |  3 PagesBusiness Ethics and Social Responsibility Sexual orientation discrimination includes being treated differently or harassed because of your real or apparent sexual orientation -- whether gay, lesbian, bisexual, or heterosexual. This type of discrimination may be illegal in your workplace, depending on where you work. This is not a personal problem that should be handled among themselves. As an Equal Employment Opportunity company, the company should ensure that guidelines are given andRead MoreBusiness Ethics and Social Responsibility Essay1471 Words   |  6 PagesEthics in the workplace help the organization to grow and prosper. They bring about leadership, work culture and literacy. Ethic are beliefs about what’s right or wrong and good or bad based on individual’s values and morals, plus a behavior social context. Ethical behavior conforms to individual beliefs and social norms about what’s right and good. Unethical behavior conforms to individual beliefs and social norms about whatâ€⠄¢s wrong or bad. Business ethics refers to ethical or unethical behaviorRead MoreBusiness Ethics And Corporate Social Responsibility Essay1382 Words   |  6 PagesSOLUTION Business Ethics Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual’s actions also apply to business. Acting in an ethical way involves distinguishing between â€Å"right† and â€Å"wrong† and then making the â€Å"right† choice. It is relatively easy to identify unethical business practices. For example, companies should not use child labor. They should not unlawfully use copyrighted materials and processes. They should not engageRead MoreBusiness Ethics : Moral And Social Responsibility1750 Words   |  7 PagesBusiness ethics are moral and social responsibility that a business is supposed to have towards the community in general. Many companies are concerned about their social responsibility, particularly to the environment and their employees. Our values and morals are our personal guidelines that help us make decisions about what is right and what is wrong. Most companies have policies and procedures it is important for managers and employees to have guidelines to follow in the workplace. I think weRead MoreBusiness Ethics and Social Responsibility Essay233 3 Words   |  10 Pagesvarious interpretations of four separate authors in respect to ethics and social responsibility as they apply to business. The four articles to be reviewed are; â€Å"The Social Responsibilities of Business is to Increase its Profits† by Milton Friedman, â€Å"The Relevance of Responsibility to Ethical Business Decisions† by Patrick E. Murphy, â€Å"What is ‘business ethics’† by Peter F. Drucker and â€Å"To Be Ethical Not To Be: An International Code of Ethics for Leadership† by Ala’ Alahmad. Each of these articles representsRead MoreBusiness Ethics And Corporate Social Responsibility1502 Words   |  7 Pages Nowadays, a business wants to exist and grow in a society, which business ethics and corporate social responsibility are sensitive and crucial objectives, the business should do what is right. Many people agree that business does not exist beyond society, it is a citizenship in the society. Therefore , business has to have many certain obligations and social responsibility. It generally means business have to do something good for the community, making social contribution, and using effectivelyRead MoreCorporate Social Responsibility And Business Ethics8391 Words   |  34 Pages CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS Final Project Report for Legal Aspects of Management Submitted To Prof. Dr. D.S. Sengar Professor, IIM Lucknow Submitted By Group 9 Abhinav Bansal, PGP31186 Chheda Adarsh Jayesh, PGP31199 Manideep Akarapu, PGP31213 Ritika Srivastava, PGP31226 Surbhi Aggarwal, PGP31239 â€Æ' Table of Contents Executive Summary 3 Acknowledgement 4 Business Ethics 5 Corporate Social Responsibilty 7 CSR Law 7 Crisis Management CSR 10

The solution on Accounting Software Package Use in Australia

Question: Discuss about theUsage of Accounting Software/Packages in Australia. Answer: Introduction The report provides a review of literature related to usage of Accounting Systems application/software usage in Australia. The review covers development, usage, adaptability and problems faced in general by business companies while using Accounting packages and software in computers. Accounting applications and software are normally used almost all types of organizations, and while exploring literature related to accounting software or packages, the secondary sources indicated many software are available in the market with a variety of features and functionalities to suit different types of organizations and their operations. Accounting software is also used in educational institutions, non-profit organizations, however in this report an attempt is made to discuss the use of accounting software packages in Australian business environment in general with no focus on any one particular company or software solution provider. The literature reviews provided in the report are obtained fro m secondary sources (journals, conference papers, reports and online information) related to this topic. While reviewing literature it was found that SMEs in Australia comprise of around 99.7% of 2.1 million firms in the country (DIISR, 2011). This interesting statistic influenced the review to be made for accounting software usage in business firms in Australia. The review is made in accordance with the development and usage of accounting software in Australia. The resources reviewed include history, adoption and development, and competitive advantage realized by business firms. The gaps and challenges faced by users in the accounting software are also highlighted. The suggestions to overcome some common challenges that were identified by business firms are also explained. Literature Review The review of literature is made in the context of business research. As mentioned earlier, the usage of accounting software/package in a business environment is reviewed. While reviewing implementation of accounting software in business companies, it was found that business companies can be classified as small and medium businesses (SMB), small and medium enterprises (SME) and large enterprise business companies and other organizations such as governmental organizations, non-profits, banking and insurance, etc. The methodology followed in writing this literature review report is illustrated in figure below: Figure 1: Steps followed in literature review Background of Accounting Software According to Scott (2015), the background of accounting software/packages dates back to 1955, over 60 years now and have evolved a long way along with developments in digital computer technology. From the days of the mainframe computers introduced by IBM, accounting packages and computers seems to naturally fit well in the area of financial management. The developments in digital technologies make significant contributions in improving accounting systems which can be found in computerized software such as ERP (Enterprise Resource Planning), Accounting Information Systems (AIS) and so on. Brief on Accounting Software Usage Fink (2007) provided a study on the success of information systems in the context of large organizations to evaluate two main variables namely, user practices and design features in accounting software that which are designed and developed in-house. This evaluation was done by public accountants who deal with business companies to provide accounting expertise, controls, and computerized accounting package evaluations. Evaluation for these two variables was done for SMEs because SMEs have increasingly adopted accounting packages within their companies. SMEs make use of information systems for reporting, accounting and outsource their IS operations. The results of the evaluation showed satisfactory ratings for user practices and design but with exceptions in some cases. For instance, the installation process in the software was not well managed, but the functionalities and reporting features were good. This study was made to identify accounting package deficiencies and improve the soft ware to overcome deficiencies. In this study, Fink highlighted the importance of IS success, the usage of accounting packages by SMEs and the involvement of public accountants to improve accounting software. Sori (2009) explained that the involvement of consultants in accounting software implementation and usage will help in identifying incongruence within the accounting IS and the implementation team. A Brief on Accounting Practices The general case of SMEs in Australia explained by financial researchers and experts state that there exists a positive relationship between efficient cash flow management and working capital and the companys profitability. Therefore it must be noted that if an SME will manage its working capital well it can increase profitability and achieve business success (Yazdanfar and Ohman, 2014). At the same time in the case of owner-manager run companies, poor financial controls, and management practices are some of the reasons for the decline in business performance. Vos and Roulston (2008) suggest that in owner-manager run firms must actively engage themselves in monitoring cash flow cycle, break-even and profitability. In addition to these situations, SMEs find their accounting and reporting systems are adequate for accounting and compliance purposes. At the same time, their accounting systems used by SMEs may be inadequate for monitoring company performance on the daily, weekly or monthl y basis. This poor performance in accounting and financial management can be overcome through developing more skills on financial controls and knowledge of computer based accounting software. According to Breen et al. (2003), the motivation for adoption of computerized accounting systems (CAS) by businesses in Australia is mainly driven by IT systems adoption in their companies. Their research project was made to examine the small business usage of CAS and to identify obstacles that prevent business companies from adopting CAS. The overall objective is to encourage adoption of accounting software in SME record keeping. Since accounting packages need an IT system, IT adoption of is influenced by many factors such as making decisions in the organization for IT, using technology for innovation, the overall organizational style, and the business environment. It is found that in large organizations, IT is used extensively, as business operations are computerized. On the contrary, smaller business firms depend on the owner-manager who makes decisions on IT (Liberman-Yaconi et al. 2010). Halabi et al. (2010) suggested that the IT knowledge levels, proficiency and characteristics of owner-manager play a major role in determining CAS in the company. In addition to these constraints it was found that small business companies have resource limitations and in many instances, the owner himself performs the accounting function. For companies initiating the use of accounting packages, public accountants offer support in implementing the accounting package and improving it further (Breen et al. 2003). Hunter (2015) stated that the availability of more powerful computers along with user-friendly accounting software has influenced SMEs to implement IT and accounting software along with other packages in the recent years. There is also considerable research to demonstrate the link between improved business performance and use of accounting package/software. SMEs are found to be using accounting software for obtaining information related to business operations more efficiently (Reid and Smith, 2002). Looking into these circumstances, it can be understood that for having a more systematic and comprehensive performance monitoring of financial data, the owner-manager must be proficient and skilled in accounting software. More financial literacy is also highlighted for SMEs to help them have more control of their finances and sustain themselves in the competition. Mazzarol (2015) suggests the need for a national system such as Australian Small Business Commissioners to provide assistance to SMEs on regulatory changes, information control, advocacy services and in dispute resolution. Many researchers have also highlighted that accounting department maintains books of accounts for all the departments, the input data from other departments came in different formats. This has often resulted in duplication of data and posed challenges while reconciling accounts at the end of the year. This problem is often faced by companies running an accounting package on a standalone computer. The solution to this problem led to the development of centralized database and accounting systems which were used by SMEs and large enterprises. In the centralized database, the problem of data duplication and issues in multiple formats of data is easily handled (Svejvig, 2011). Large business companies implement network-based software systems such as ERP and to maintain the centralized database and establish uniformity and consistency of data from different sources. ERP systems integrate different individual applications in business functions and ensure data centralization and avoid the ne ed for an independent accounting package. ERP software is a business enabler and provides competitive advantage but the implementation is quite challenging and must be done correctly (Xu, 2011). A number of accounting packages are available for use immediately off the shelf and can be customized. Some examples are XERO, MYOB, Oracle, SAP, etc. Conclusion In summary, the report provides a detailed review of the use of accounting software by business companies in Australia with a focus on SMEs. The review summaries are made by using journals, conference proceedings and research reports which are the sources of information. It can be found that SMEs and small companies due to their limited resources face many problems and challenges in effectively managing their finances which can be overcome by the use of centralized databases and software applications. The role and involvement of public accountants in Australia in improving accounting packages used by SMEs are briefly mentioned for its importance to enhance the features of in-house developed software. The use of computerized accounting systems is highlighted to overcome the problems faced by SMEs in managing their cash flow, capital and company performance. The need for a centralized software system such as ERP is highlighted to ensure data consistency and uniformity in business funct ions. References Breen, J., Dr. Sciulli, N. and Calvert, C. (2003) The Use of Computerized Accounting Systems in Small Business, 16th Annual Conference of Small Enterprise Association of Australia and New Zealand, Sept 28 - Oct 1, 2003. pp. 3-8. DIISR (2011) Key Statistics: Australian Small Business, AGPS Canberra, Department of Innovation, Industry, Science and Research. Fink, D. (2007) Information Systems success in small and medium enterprises: An evaluation by Australian Public Accountants, Australian Journal of Information Systems. 4 (1), pp. 32-34. Halabi, K.A., Barrett, R. and Dyt, R. (2010) Understanding financial information used to assess small firm performance, An Australian quantitative study. Qualitative Research in Accounting and Management. 7 (2), pp.163-170 Hunter, M.G. (2015) Strategic Utilization of Informatio Systems in Small Business. PA: Business Science Reference (An imprint of IGI Global). Mazzarol, T., Reboud, S. and Clark, D. (2015) The financial management practices in small and medium enterprises, Small Enterprise Association of Australia and New Zealand, 28th Annual SEAANZ Conference Proceedings, 1-3 July, Melbourne 2015. pp. 1-20 Reid, G. and Smith, J. (2002) The Bigger Picture, Financial Management, Chartered Institute of Management Accountants, pp. 24 26. Scott, B. (2015) The Accounting Journal: 60 years of Accounting Software, The Pulse Australia. [Online] Available at: https://myob.com.au/blog/60-years-of-accounting-software-introduction/. [Last Accessed 17-Aug-2016]. Sori, M. Z. (2009) Accounting Information Systems (AIS) and Knowledge Management: A Case Study, American Journal of Scientific Research. (4), pp.36-44 Svejvig (2011) A successful enterprise system re-implementation against all odds - a multi-sourcing case study, Journal of Information Technology Case and Application Research. 13(4). Liberman-Yaconi, L., Hooper, T. and Hutchings, K. (2010) Toward a model of understanding Strategic decision-making in micro-firms: Exploring the Australian information technology sector, Journal of Small Business Management. 48 (1), pp.70-78 Xu, L. (2011) Enterprise Systems: State-of-the-Art and Future Trends, IEEE Transactions On Industrial Informatics. 7(4), pp. 630-640.

The Fifteenth President Essays - Presidency Of James Buchanan

The 15th President : James Buchanan was born in a log cabin on April 23, 1791. His parents, James Buchanan and Elizabeth (Speer) Buchanan were Irish immigrants who had made a successful life for themselves as merchants in rural Pennsylvania. James was the second of eleven children and the oldest boy.(Uher) Always eager to learn, he was privately tutored at home, and then he attended the village academy. He later studied law and graduated from Dickinson College in Carlisle, Pennsylvania. Soon after the War of 1812, Buchanan's venture into politics began. He was elected to the Pennsylvania House of Representatives at age 23 and served from 1814-1819. In spite of a recent personal scandal, he was elected to the U.S. House of Representatives in 1820. Buchanan served ten years as a Congressman from Pennsylvania (1821-1831). In 1832, President Jackson made him Ambassador to Russia, where he served 2 years. James Buchanan was well suited to the foreign posting. The two nations had been unable to negotiate a trade treaty, and Buchanan's legal skill enabled him to broker an agreement. In 1833,after returning from St. Petersburg he won a U.S. Senate seat. He served in the Senate from 1834-1845. President Polk named him to be the Secretary of State, from 1845-1849. When he did not win the Presidential nomination in 1852, President Pierce appointed him Ambassador to the Court of King James in England. He served in London, until the election of 1856. By the time Buchanan returned to Washington, slavery had become an important issue in American politics. He objected to slavery personally, but viewed the abolitionist movement as a greater threat to the Union. He claimed that the Constitution upheld the right of Southerners to own slaves and saw it as America's duty to protect slavery in the South. In 1856 Buchanan became the Democratic candidate for president. Having been a long time member of Congress and envoys to Russia and England, Buchanan had many political assets. He was a smooth, pleasantly dull conservative from the North with Southern support. Buchanan was the last president to support a legal recognition of slavery. When he took office the country remained dangerously divided between pro- and anti-slavery states, and he hoped to ease tensions. The situation was further inflamed, however, just two days into his term with the Supreme Court?s Dred Scott decision. The court declared that slaves and their descendents were property, not citizens. Furthermore, the court declared that the government could not dictate a white citizen?s right to own slaves based on where he lived. As a result, Northerners vowed to fight the decision and Southerners threatened to secede.."(Miller Center, U. of Virginia) In 1819, Buchanan became engaged to Anne Coleman, the daughter of a Philadelphia millionaire. She broke off the engagement after there was some speculation that Buchanan was only marrying her for her money. Coleman died a few days later, possibly a suicide . The physician's records list her cause of death as an overdose of laudanum, an opiate. Buchanan was not allowed to attend the funeral and his letter of sympathy was returned unopened by her father. James Buchanan swore "never to marry in honor of her memory."."(Miller Center, U. of Virginia) Although he remained a bachelor, James Buchanan did not lack for family life. When he was elected president he took his grown niece Harriet Lane, an attractive and popular woman in her twenties to be White house hostess. Buchanan loved to entertain and the White House saw a social season that rivaled the days of Julia Tyler.."(Miller Center, U. of Virginia) Numerous social events filled the ballrooms, and a Washington frightened by the impending war was only too glad to enjoy the hospitality While in Washington, Buchanan's "room mate" was Senator Rufus King of New York. The two men were virtually inseparable and were rumored to be lovers. They shared a house and a bedroom (this apparently was not uncommon for the time.) There are many written references of the close relationship and Historian James Loewen supports the theory that Buchanan and King were lovers. He notes that the two were referred to around Washington as "Siamese twins" which was contemporary slang for gay couples. Professor Loewen goes so far