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I’m studying and need help with a Law question to help me learn.
For public accounting firms, exist a clear line of independence between auditing a company’s financial statements and providing consulting services. However, in the case of Enron and Anderson, the waters of independence became muddy. To understand a little how this line of independence disappeared, it is important to mention that Andersen had billings averaging 1 million per week, half for auditing services and half for consulting to Enron, a fee that reflects the complexity and the inherent risk in this relationship.
One of the major events caused by the lack of independence between Anderson and Enron was the failure to consolidate Enron’s SPE. Enron reported millions of dollars in earned revenue keeping their losses and debt off the financial reports during the years 1997 through 2000, but later in 2001 Enron and Anderson determined that Chewco Investment SPE should have been consolidated with Enron, affecting negatively Enron’s income statement. The second major failure was the incorrect use of Mark to Market rules. (MTM). Chief accountant of the SEC, Walter Scheutz gave permission to Enron to use MTM to only value Enrons’ natural gas, but Enron used it also to value their electric power contracts. It is obviously that Enron cared more about keeping their fraudulent money than complying with GAAP and SEC regulations, and the consequences of course were immediate.
In the other hand, young partners in public accounting firms are under tremendous pressure to gain and retain highly lucrative engagements, such as Enron. In fact, Duncan’s work as a manager on the Enron engagement was probably what helped him achieve the partnership status. At his only 36 years old, David Duncan became the managing partners on the Enron audit with the support of Goddard, the previous managing partner of Enron audit. Duncan was aware of the aggressive accounting strategies of Enron related to the special purpose entity (SPE) consolidation rules and the Mark to Market rule for valuing the company’s natural gas, and instead of confronting the issue, Duncan turned his effort to help restructure the company’s SPEs to continue qualify these entities as unconsolidated entities. Carl Bass, at that time the quality assurance partner in Arthur Andersen, did not agree with the accounting practices that Enron adopted and he was removed from his job. I think that Bass acted with integrity when he challenged the Enron’s accounting practices that later were tied with the Enron financial collapse. The practice of David Duncan was entirely unprofessional for violate securities laws and the SEC barred him from practicing the profession. In my opinion, personal enrichment was the reason what influenced Duncan behavior. Jane Bryant Quinn once said “when corporate executives and bankers see billions of loose dollars swirling above their heads, it’s just too tempting to hold up both hands and pocket a few millions”.Introductory Paper: Foundations of OB
I’m trying to study for my Business course and I need some help to understand this question.
This question have two parts
Part 1: (3 pages double spaced)
Define Organization Behavior and explain its foundational elements/principles. What are the three determinants of OB? Why is it important to complement intuition with systematic study in our attempts to understand behavior within organizations? Address all three questions of this assignment separately and completely. All answers will be assessed based on written communication skills, your understanding of the concepts of OB, and your critical thinking skills.
Part 2: (1 page double spaced)
Read the article “Why Attitude is More Important than IQ” by Travis Bradberry by following the link provided below.
https://www.forbes.com/sites/travisbradberry/2016/01/19/why-attitude-is-more-important-than-iq/#2673cbab4280
Write one-page summary of your key learnings from this article including the difference between a fixed and growth mindset.please reply to below student posts: my nursing assignment help
I’m studying for my Computer Science class and don’t understand how to answer this. Can you help me study?
main que:Please explain BYOD
you don’t need to provide answer to main question.Please reply to below student posts each in 150 words.
sach-The full form of BYOD is Bring Your Own Device. This is one of the plans where the companies enable their workers or employees to bring their own gadget or device and connect with the company’s network. Stewart (2017) states “Bring Your Own Device will increase, as will the need to secure a growing number of mobile endpoints and different operating systems and applications”. BYOD makes worker’s life much simpler in light of the fact that it acquires the portability the work by lessening time and exertion. In any case, there is a trick to it-and that is Security. Companies, having spent a few a large number of dollars on the Network Security such as Firewall or VPNs are fundamentally trading off the system security by enabling the outside devices to the association organize. The genuine intense part is that the employees may present risk accidentally by bringing their very own device. Permitting individual devices, which may be contaminated with some sort of malware all alone can infiltrate into the company’s system and bring the risk.
There isn’t really a definite answer to whether BYOD is beneficial for the organization or not. ICACTM (2019) states “During the last decade it has become very common in the organizations for employees to have dual-use and dual purpose, twin use as devices used both at home and at work as per convenience and dual purposes are professional and private purposes”. On one hand, the organization can bring much more mobility and simplicity to the life of its employees. On the other hand however, different kind of devices might be connected with the organization’s network and the devices might be infected with some kind of viruses or malware and it can easily penetrate into the network of the organization. If that malware is harmful to the network, it defeats the whole purpose of having the firewall or VPN in the network. Bring your own device also poses threat to the privacy of the network because the employees can have legit access to the network with their personal devices and it is very hard to predict the intention of the people working for the organization. Those organizations, who hire contract or seasonal workers is going to have hard time determining whether the contingent worker should have access to the network or not.
asmi-BYOD stands for Bring Your Own Device. This is one of the arrangements where the organizations allow their employees to bring their own device and connect to the organization’s network. Bring Your Own Device makes employees’ life a lot easier because it brings the mobility in the work by reducing time and effort. Stewart (2017) states “Bring Your Own Device will increase, as will the need to secure a growing number of mobile endpoints and different operating systems and applications”. However, there is a catch to it- and that’s security. Organizations, having spent several thousands of dollars, if not millions, on the security apparatus- are basically compromising the network security by allowing the external devices to the organization network. The real tough part is that the employees might pose threat unintentionally by bringing their own device. Allowing personal devices, which might be infected with some kind of malware on its own can penetrate into the organization’s network and bring the threat.
There are both sides of argument to whether BYOD is necessary for organization or not. With the increase in applications and even the operating system type, some organizations have no choice but to allow the BYOD. Ratchford & Wang (2019) states “As the use of personal mobile devices accessing corporate data continues to grow, a phenomenon known as Bring Your Own Device (BYOD), organizations realize that allowing this type of access reduces cost and increases productivity”. However, BYOD hasn’t really been a standard practice in every organization. Organizations would rather allow their employees to use the company provided device for personal use with some restriction, instead of allowing them to bring their own device and connect to the network. This is because the latter part is more risky and can pose more threat to the organization. BYOD brings much more efficiency to the workplace and it can also save a lot of money to the organization. Companies need not worry about providing extra device such as tablets to the employees due to the BYOD policy. Likewise, the companies can rather invest in strengthening their security apparatus rather than worrying about what could go wrong due to the BYOD policy.there are three parts to this presentation , part one is to make an outline for the request for proposal second part and third part below: nursing assignment help services
I’m studying for my Powerpoint class and don’t understand how to answer this. Can you help me study?
part one
For this assignment, your team is to create an outline for the Request for Proposal that is due in Week 7. You need to use the information that I provide as well as research RFP formats to come up with one that your team thinks will work for this project. Be sure to cover the basic categories that I have listed below. Your team does not have all of the information that it will need to complete the RFP. The Teleconference with the manager in Week 7 is where you will have the opportunity to learn more about what the company desires and to ask questions that will help your team to complete the RFP.
Note: The RFP is a company document that will be sent to potential bidders. It is not a proposal. Your team will not be responding to the RFP.
Week 7 – Team Assignment – The RFP–Finalize the RFP
REQUEST FOR PROPOSAL (RFP) GROUP ASSIGNMENT – PRESENTATION #3
This presentation information may be modified after your Teleconference with the Manager. Use your notes from your Conference call to update and complete the specifications for your written RFP due in Week 7 and the Presentation due in Week 8.
REQUEST FOR PROPOSAL (RFP) GROUP ASSIGNMENT – PRESENTATION #3
Your manager (Chris Matthews) just returned from a Rotary Club luncheon where she heard a speaker claiming tremendously increased sales for firms who have outfitted their sales personnel with smart phones. The manager has had a company smart phone for a couple of years, and knows how convenient they are to use. She also has been convinced that sales personnel can use such a tool in numerous ways that will benefit the company.
Background on your company, Management Dimensions, Inc.
The company is a commercial cleaning company with offices in Ohio and Michigan. It has a sales staff of 10. Chris Matthews is the vice president. The company is on the verge of opening in two additional states, Pennsylvania and Florida. The company focuses on hospitals and large office businesses/complexes. The company’s sales force has not been equipped with smart phones, but Matthews believes this is the direction that the company should take to help increase sales and to be able to compete in the new markets.
Your team’s assignment:
Your manager asks your group to develop a Request for Proposal (RFP) to use to solicit bids to equip ten sales people in your department with smart phones. She desires to purchase contracts with a minimum number of hours for the first year, research the effectiveness of the use, and then decide if the contract minutes need to be increased. Your assignment is to prepare a written RFP that the company will send to qualified bidders.
While preparing the written RFP (one per group), the group needs to conduct research to determine other features that the company might want to include in the RFP.
Your team will need to develop a framework for the RFP that includes the following: Background on the company, the specific services that you are requiring, the budget, the timeline, qualifications of potential bidders, proposal selection and evaluation criteria, a contact person, the terms, and the exact format that responders are required to follow to submit bids. See the complete list below.
Your team knows that it could use more information to prepare the RFP. Your team will have the opportunity to discuss the RFP in more detail with your Manager in the Telephone Conference to be held at TO BE ANNOUNCED.
REQUEST FOR PROPOSAL (RFP) GRADING SHEET
RFPs take many different forms. Each form reflects a different organization, culture, set of priorities, skills and requirements. After reviewing a variety of RFPs, you will see that many of them have four sections in common: ground rules, system requirements, evaluation criteria, and format of the proposal. The following is just a sample format, but the four categories will be important to include.
Purpose/Ground Rules (25%)
Identifies the goal for the project Purpose for the RFP Name of the person to contact for further information Number of response copies required Timetable of relevant dates for the project
System Requirements (45%)
Specific functional requirements for the product Experiential requirements for the vendor Define the user needs or problems State the performance expected from the new system/equipment· Identify any known shortcomings of existing systems that you wish to correct Include a table of key transaction volumes both now, at peak use and for several years in the future Define the milestones and articulate the expected completion date for each Define requirements for installation, training or other services Define warranty period and request maintenance contract pricing
Evaluation Criteria (15%)
Identifies how the decision is made – how the most appropriate vendor will be selected. Rank/Weight/Score Cost Features – technical specifications Fit Support services available Contractual conditions Functional absolutes Narrative responses Oral interview Demonstrations
Proposal Format (15%)
Describes the required structure of the proposal (vendor response) Functional checklist – yes or no Complex checklist – have or develop Narrative Typical Vendor Response Format
o Letter of Transmittal
o Executive Summary
o Our Understanding of the Requirements
o Proposed Equipment, Software and Services
o Costs
o Physical Requirements
o Training
o Conversion Plan
o Reliability and Back-Up
o Project Plan and Timetable
o Standard Agreements
Part 2 below
Week 7 – Team Assignment – The RFP–Finalize the RFP
REQUEST FOR PROPOSAL (RFP) GROUP ASSIGNMENT – PRESENTATION #3
This presentation information may be modified after your Teleconference with the Manager. Use your notes from your Conference call to update and complete the specifications for your written RFP due in Week 7 and the Presentation due in Week 8.
REQUEST FOR PROPOSAL (RFP) GROUP ASSIGNMENT – PRESENTATION #3
Your manager just returned from a Rotary Club luncheon where she heard a speaker claiming tremendously increased sales for firms who have outfitted their sales personnel with smart phones. The manager has had a company smart phone for a couple of years, and knows how convenient they are to use. She also has been convinced that sales personnel can use such a tool in numerous ways that will benefit the company.
Your assignment:
Your manager asks your group to develop a Request for Proposal (RFP) to use to solicit bids to equip ten sales people in your department with smart phones. She desires to purchase contracts with a minimum number of hours for the first year, research the effectiveness of the use, and then decide if the contract minutes need to be increased. Your assignment is to prepare a written RFP that the company will send to qualified bidders.
While preparing the written RFP (one per group), the group needs to conduct research to determine other features that the company might want to include in the RFP.
Your team will need to develop a framework for the RFP that includes the following: Background on the company, the specific services that you are requiring, the budget, the timeline, qualifications of potential bidders, proposal selection and evaluation criteria, a contact person, the terms, and the exact format that responders are required to follow to submit bids. See the complete list below.
Your team knows that it could use more information to prepare the RFP. Your team will have the opportunity to discuss the RFP in more detail with your Manager in the Telephone Conference to be held at TO BE ANNOUNCED.
REQUEST FOR PROPOSAL (RFP) GRADING SHEET
RFPs take many different forms. Each form reflects a different organization, culture, set of priorities, skills and requirements. After reviewing a variety of RFPs, you will see that many of them have four sections in common: ground rules, system requirements, evaluation criteria, and format of the proposal. The following is just a sample format, but the four categories will be important to include.
Purpose/Ground Rules (25%)
Identifies the goal for the project Purpose for the RFP Name of the person to contact for further information Number of response copies required Timetable of relevant dates for the project
System Requirements (45%)
Specific functional requirements for the product Experiential requirements for the vendor Define the user needs or problems State the performance expected from the new system/equipment· Identify any known shortcomings of existing systems that you wish to correct Include a table of key transaction volumes both now, at peak use and for several years in the future Define the milestones and articulate the expected completion date for each Define requirements for installation, training or other services Define warranty period and request maintenance contract pricing
Evaluation Criteria (15%)
Identifies how the decision is made – how the most appropriate vendor will beselected. Rank/Weight/Score Cost Features – technical specifications Fit Support services available Contractual conditions Functional absolutes Narrative responses Oral interview Demonstrations
Proposal Format (15%)
Describes the required structure of the proposal (vendor response) Functional checklist – yes or no Complex checklist – have or develop Narrative Typical Vendor Response Format
o Letter of Transmittal
o Executive Summary
o Our Understanding of the Requirements
o Proposed Equipment, Software and Services
o Costs
o Physical Requirements
o Training
o Conversion Plan
o Reliability and Back-Up
o Project Plan and Timetable
o Standard Agreements
Part 3 below
Week 8 Team Assignment–Selling the RFP
Of Importance. While this is a team assignment, only one member of the team can be the presenter. This means that all team members must work together to create the final presentation, but only one person should record the presentation. The goal of the presentation is to convince Management Dimension to use your team’s RFP to send to potential bidders. All team members, if they participate in the assignment, will earn the same points. The presentation should be approximately 5 minutes in length. Remember this is a persuasive presentation.
Your team will complete a PowerPoint and Webcam oral presentation using Screencast-O-Matic. The presenter needs to insert a webcam image next to the PowerPoint and capture both together. The presenter then records the presentation as was done previously. The audience will be able to see the PowerPoint presentation and the presenter as he or she delivers using a webcam. The webcam image should be about 1″ or so.
The purpose of the presentation is for the team to convince the Manager to select the team’s RFP to use for the cellular service project.
Grading Criteria
ADVANCED BUSINESS COMMUNICATIONS
GROUP PRESENTATIONS (BUSINESS TOPICS, DIVERSITY AND RFP)
GRADE CALCULATION
Content (30% total)
Introduction – of all team members
Attention-getting opening
Purpose of presentation
Identification of secondary sources
Body/Discussion
Clear, concise development of details
Identification and use of secondary research material
Meaningful Conclusion
Appropriately Introduced
Summary of points to remember
Overall Effectiveness (35%)
Did the group share the information in an appropriate and effective manner?
Was the information meaningful?
Did the presentation flow from one member to the next? NA
Was the purpose of the presentation fulfilled?
Did the group meet the time requirements? (approximately 5 minutes/member)
Individual Performance (25%) – All team members will earn points from the presenter’s delivery.
There is a potential of twenty points that will assigned based on performance.
Vocal Components. Appearance, gestures (desirable), mannerisms (undesirable), eye contact, poise/confidence
Overall Efficiency (10%)
Preparation
Organization
Active participationAssignment 2: Performance Management and Valuation
I’m trying to study for my Management course and I need some help to understand this question.
The risk analysis work you did in the first assignment was a great start. It helped to paint a picture of where these two companies are in their corporate lifecycles, the threats and opportunities each faces, and the defensibility of their economic moats – a metaphor that Buffett loves to use.
In this assignment, you will continue your analysis by comparing key performance management metrics of our two companies, identifying areas of relative strength and weakness, and suggesting ways that each company could improve, thereby increasing its valuation. To do this, you will examine trends in order to identify variances and comparisons to: (1) establish benchmarks, (2) identify best practices, and (3) look for signs of superior performance. This analysis is critical in determining the value of each company, as well as evaluating whether potential acquisition or merger opportunities exist which could create greater value and synergies than those of operating the companies as separate entities.