Saturday, December 28, 2019
CODE OF ETHICAL CONDUCT Our Code of Ethics and Business Conduct (the Code) speaks ethical conduct in our work environment, business practices and relationships with external stakeholders. This sets out the rules and regulations that all our employees will follow to regulate successful business. Everybody at the organization needs to abide by these rules and principles set, as we will have zero tolerance who disagrees to this. Our code of ethics include the following: 1. Compliance with the Law: At our organization, we strive to ensure that the business is operated in accordance to the applicable laws and the security regulations designed by the firm. We believe in commitment to integrity as it is one of the most important priorities of our firm. Each one of us at the organization is having a clear understanding of the laws, rules and regulations and the policies. Any sort of breach or violation pertaining to any law is not permitted and we have zero tolerance for this. Prevention of violation of law and reporting of any such violation activity to the respected personnel or senior authority is solely our responsibility. Any third party businesses can conduct their business with our organization in accordance with all the laws, rules regulations. 2. Definition of Terms The partners of this company hold an equal share and have the equal investment as well. Per the process any profit or loss pertaining to business will be shared equally between these individuals. Any sortShow MoreRelatedCode of Business: Ethics and Conduct7244 Words Ã |Ã 29 PagesCODE OF BUSINESS ETHICS AND CONDUCT EverythingÃ weÃ doÃ Ã shouldÃ beÃ withÃ theÃ Ã highestÃ integrity.Ã Ã NoÃ ethicalÃ shortcutsÃ Ã ofÃ anyÃ kind.Ã Ã IntegrityÃ andÃ honestyÃ Ã areÃ simplyÃ Ã notÃ optional.Ã 2Ã Ã Ã Ã Ã Ã NOTEÃ TOÃ EMPLOYEES:Ã InÃ thisÃ Code,Ã Ã¢â¬Å"CompanyÃ¢â¬ Ã meansÃ BurgerÃ KingÃ CorporationÃ andÃ itsÃ subsidiariesÃ andÃ affiliates.Ã ThisÃ CodeÃ isÃ notÃ anÃ employmentÃ contractÃ andÃ complianceÃ withÃ thisÃ CodeÃ doesÃ notÃ guaranteeÃ continuedÃ employmentÃ withÃ theÃ Company.Ã AnyÃ modificationÃ toÃ currentÃ termsÃ andÃ conditionsÃ ofÃ yourÃ Read More Code of Business Conduct and Ethics Essay3828 Words Ã |Ã 16 PagesCode of Business Conduct and Ethics Introduction The TSYS Code of Business Conduct and Ethics (the quot;Codequot;) covers a wide range of business practices and procedures. While it does not cover every issue that may arise, this Code outlines basic principles to guide all employees and officers of the Company and its majority-owned subsidiaries (quot;team membersquot;). In addition, all members of the Companys Board of Directors and members of the boards of directors of the Companys majority-ownedRead MoreAnalysis Of Compania De Minas Buenaventura S.a Essay1623 Words Ã |Ã 7 PagesProducer of the best geological information in Peru. Ã¢â¬ ¢ Seeks to expand its reserves production and earnings. Ã¢â¬ ¢ Listed on Lima Stock Exchange (BUE.LM) since 1971 and on The New York Stock Exchange (NYSE: BVN) since 1996. BuenaventuraÃ¢â¬â¢s Code of Business Conduct and Ethics is oriented to the Board of Directors of the company. It set some important aspects and basic behaviors that all members of the company must follow. The document is divided into 5 parts . 1. Purpose, where it is established the mainRead MoreA Brief Note On Ethics And Conduct And Behavior1089 Words Ã |Ã 5 PagesEthics Research Report Student Name: Longfei Wang Student ID: 11529471 Executive Summary This report describe the two professional areas, they are Early Childhood and Public Relation (PR). In this two areas, this article illustrates the importance of three professional codes which are ethics, conduct and behavior. The report also reveal some ethical or unethical behaviors in the light of the two professional areas. Then the two professions will be compared in the codes ofRead MoreSystem Of Inquiry Paper1188 Words Ã |Ã 5 PagesSystem of Inquiry Paper Introduction The System of Inquiry paper will be based on the Code of Ethics for St. Paul Travelers Companies, Inc. The formal 16-page document demonstrates a consistent process throughout an organization that has offices throughout the United States, Canada, and the United Kingdom. The System of Inquiry paper will demonstrateRead MoreCHEESE CAKE FACTORY987 Words Ã |Ã 4 PagesÃ¯ » ¿Ethical and Socially Responsive Business The Cheese Cake Factory is the restaurant I chose to evaluate when it comes to the code of ethical conduct. The code of ethical conduct is essential when it comes to running a business. In order for the company to be successful, they must carefully address problems and behaviors within the company that might affect the company. The code of conduct is crucial when it comes to the human aspect of the company. For the companyÃ¢â¬â¢s success, they must follow andRead MoreEthics And Code Of Ethics1043 Words Ã |Ã 5 PagesEthics are concerned with how human been ought to act given a certain set of condition. The ethics govern an individual while making decisions especially when multiple choices are represented. Business, for instance, has set of principles which act as a guide on how the employees ought to conduct themselves while executing their duty .The set of rules and principles refer to the code of ethics. The code of ethics gives a guide on the professionals expected conduct whi le working for a given organizationRead MoreThe Importance of Ethics in Business Essay1475 Words Ã |Ã 6 PagesEthics is the branch of philosophy that deals with the principles correlated to human behavior concerning the rightness and wrongness of specific conduct, and to the good and bad that influences and ends those actions (Ditonary.com, 2011). In other words, ethics is the choice people effect in regards to a decision they need to achieve. Without ethics directing the choice an individual makes, moral preferences of what should or should not be done becomes irrelevant. While ethical decisions areRead MoreWhat is Business Ethics?741 Words Ã |Ã 3 Pages In todayÃ¢â¬â¢s business world businesses face the challenge of doing the right thing over doing the profitable thing more than ever before. For many years the sole purpose of business was to be make profits for the shareholders. This view has now been changed. The propriety of business actions is being challenged by the modern day consumer. One of the major issues or opportunities (depending on which way one may see it) is the issue of Ã¢â¬Ëgoing-greenÃ¢â¬â¢. Consumers in todayÃ¢â¬â¢s society have access to a largeRead MoreEssay about LAWS 310 Week 7 Assignment You Deci1179 Words Ã |Ã 5 PagesÃ¯ » ¿ Widget Tech Inc. Code of Ethics Professor: TonyaÃ Floyd LAWS 310 Devry University Review of Widget Tech Inc. Code of Ethics Table of Contents SummaryÃ¢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¬ ¦Ã¢â¬ ¦..Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..3 IntroductionÃ¢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¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..Ã¢â¬ ¦3 How to Create a Code of EthicsÃ¢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¬ ¦4 Components of a Code of EthicsÃ¢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¬ ¦4 ConclusionÃ¢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¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.....6 SourcesÃ¢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¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.7
Friday, December 20, 2019
ENRON The Enron scandal was a financial scandal that was revealed in late 2001. After a series of discoveries involving irregular accounting procedures which could be turned in as fraud, went on throughout the 1990s, involving Enron and its accounting firm Arthur Andersen. Enron stood at the verge of falling into the largest bankruptcy in history by mid-November 2001. An attempt by a smaller energy company, Dynegy, was not feasible. Enron filed for bankruptcy on December 2, 2001. As the scandal was shown, Enron shares dropped from over $90.00 to just pennies. As Enron had been considered a blue chip stock, this was event came as a surprise to all and was an overall disaster in the financial world. Enrons downfall happened soon afterÃ¢â¬ ¦show more contentÃ¢â¬ ¦After a thorough review of our businesses, we have decided to take these charges to clear away issues that have clouded the performance and earnings potential of our core energy businesses, said Kenneth Lay in a statement. Some analysts were unnerved. Whats next?, asked David Fleischer at Goldman Sachs, an analyst called previously one of the companys strongest supporters  asserting that the Enron [m]anagement... lost credibility and have to reprove themselves. They need to convince investors these earnings are real, that the company is for real and that growth will be realized. Additionally Enron asserted that the broadband unit alone was worth $35 billion, a claim also mistrusted. I dont think anyone knows what the broadband operation is worth, said Todd Shipman, an analyst at Standard Poors. On October 22, 2001, the share price of Enron fell to $20.65, down $5.40 in one day, following the Securities and Exchange Commissions announcement that it was investigating several suspicious deals struck by Enron, called some of the most opaque transactions with insiders ever seen. Attempting to explain the billion dollar charge and calm investors, Enrons disclosures spoke of share settled costless collar arrangements, derivative instruments which eliminated theShow MoreRelatedAffirmative Adaptation And Modernize Resulting From The Scandal1493 Words Ã |Ã 6 PagesAffirmative Adaptation and modernize resulting from the scandal In todayÃ¢â¬â¢s society the desolation of Enron has been one of the greatest disasters to hit a major United States corporation, nevertheless the actions of this deception let to Varity major future benefits. The effects of Enron without a doubt are primarily disadvantageous. However, although Enron has made illegal and unethical choices the company has paid the ultimate penalty by Ã¢â¬Å"Declared bankruptcy on December 2, 2001 afterRead MoreCorporate Culture Of Enron And Bankruptcy1327 Words Ã |Ã 6 PagesIntroduction The case study is about Enron and about their biggest failure that lead the company towards bankruptcy. Enron got bankrupt to the extent that was no point of returning back and reversing its wrong doings. The only thing that the company had to think about was how to return the losses of its creditors. Enron Corp. was left with $12 billion in assets which was to be distributed among more than 20,000 creditors. Around 80% of creditors of Enron backed the long-awaited reorganization planRead MoreRelationship Between Ethics And Business Performance1278 Words Ã |Ã 6 PagesAlthough the relationship between ethics and business performance is still the subject of controversy, the Enron case is a demonstration that the lack of ethical behavior is inseparable from the competitive disadvantage. The question is not so much whether the disaster could be avoided if the company had adopted from the beginning, transparency criteria. The main thing to know as citizens, so far reputed and honest, have managed to create an environment to bring their managers to take ethically reprehensibleRead MoreEnron Scandal And Its Impact On The Economy Essay1305 Words Ã |Ã 6 PagesThe Enron scandal was the largest corporate financial scandal ever when it emerged. It took the economy the better part of a year to recover from the damage the Enron controversy caused to the US as a whole. Enron is not fully responsible, but it was a large contributor to the collapse of the stock market in the early 2000Ã¢â¬â¢s. In the year following the 9/11 hit to our country and economy the DOW lost close to 4500 points; down to 7500 from almost 12000, it did gain some back, but considering the greatRead MoreRelationship Between Ethics And Business Performance1181 Words Ã |Ã 5 PagesAlthough the relationship between ethics and business performance is still the subject of controversy, the Enron case is a demonstration that the lack of ethical behavior is inseparable from the competitive disadvantage . The question is not so much whether the disaster could be avoided if the company had adopted from the beginning, transparency criteria. The main thing to know as citizens, so far reputed and honest, have managed to create an environment to bring their managers to take ethically reprehensibleRead More Deception, Fraud, and the Collapse of Enron Essay1394 Words Ã |Ã 6 Pagesand the Collapse of Enron Introduction From AmericaÃ¢â¬â¢s 7th most valuable company in December 2000, to a company in ruins by early 2002, Enron has been involved in one of the most incredible reverses of fortune ever. With shares riding high on Wall Street at $84.87 on the 28th December 2000, and awards such as Ã¢â¬Å"AmericaÃ¢â¬â¢s most innovative companyÃ¢â¬ from Fortune Magazine 6 years running, and Ã¢â¬Å"Energy Company of the YearÃ¢â¬ from the Financial Times also in 2000, it looked as though Enron were promising toRead MoreEssay about Enron: Who was at fault?1664 Words Ã |Ã 7 PagesMost of the world has heard of Enron, the American, mega-energy company that Ã¢â¬Å"cookedÃ¢â¬ their books (Gupta, Weirich Turner, 2013) and cost their investors billions of dollars in lost earnings and retirement funds. While much of the controversy surrounding the Enron scandal focused on the losses of investors, unethical practices of executives and questionable accounting tactics, there were many others within close proximity to the turmoil. It begs the question- who was really at fault and what hasRead MoreEthics Of Enron : A Corporate Disaster1408 Words Ã |Ã 6 Pages The Ethics of Enron: A Corporate Disaster Racheal D. Smith Salem International University Ã¢â¬Æ' The Ethics of Enron: A Corporate Disaster Ethics, as stated by Dawn D. Bennett-Alexander and Linda F. Harrison in The Legal, Ethical Regulatory Environment of Business in a Diverse Society, are considered subjective laws as well as a how-to-guide for businesses in how they conduct themselves with their suppliers, customers, employees, and anyone else they do business with (2012). It is not enough toRead MoreThe Rise and Fall of Enron1532 Words Ã |Ã 6 PagesMost of the world has heard of Enron, the American, mega-energy company that Ã¢â¬Å"cooked their booksÃ¢â¬ ( ) and cost their investors billions of dollars in lost earnings and retirement funds. While much of the controversy surrounding the Enron scandal focused on the losses of investors, unethical practices of executives and questionable accounting tactics, there were many others within close proximity to the turmoil. It begs the question- who was really at fault and what has been done to prevent it fromRead MoreEnrons Scandal Of Corporate America1713 Words Ã |Ã 7 PagesEnron had been the darling of corporate America: it was voted its most innovative company, adviser to US Government, a Fortune 500 top ten player, backed by the worldÃ¢â¬â¢s biggest banks and rated by the top market analysts (Tonge, Greer, Lawton, 2003). While it is shocking to hear about ethical scandals from big corporations, this paper discusses the major reasons and lessons learnt from EnronÃ¢â¬â¢s scandal. EnronÃ¢â¬â¢s scandal wasnÃ¢â¬â¢t caused by few Ã¢â¬Å"bad applesÃ¢â¬ but the organizationÃ¢â¬â¢s culture, as set by EnronÃ¢â¬â¢s
Thursday, December 12, 2019
Question: Discuss about the Development and Implementation Business Plan of Coffee Culture. Answer: Company Overview Coffee culture is a company which sells coffee and some other beverages and snacks in a 2000 square feet coffee bar located in Sydney, Australia. The owners cumulatively own 70% of the total company. Objectives of the company are to be selected as the best coffee place in the area by restaurant guide and to turn its profits in the very first month of the operations. The values of the company would be to respect the culture of the clients, always work in harmony, work ethically, perform good to sustain in the market and imbibe great culture within employees. The mission and vision of the company would be to create unique place for the customers, to help the customer relax and release their stress, provide great ambience, employee satisfaction and providing returns to the stakeholders. Company ownership: Coffee culture is registered as Limited Liability Corporation in Sydney. It has two owners Chris and Todd. Chris is 51% partner of the company. Todd also shares the other parts in company. Stakeholders include local government, business enterprises and health and other institutions. Start Up Summary The start up expenses includes: Legal Expenses for licenses. Insurance coverage of $2,400. Consultant fee of $3000 Other expenses include stationary and phone deposits of $3000 approx. Products and Services Coffee culture offers its customers the best coffee in the area. Coffee is made up of the high quality ingredients and follows strict preparation guidelines. It will provide espresso drinks, brewed coffee, teas and refreshment beverages. All types of coffee with skimmed milk or high fat milk will be served. With coffee and other beverages, snacks like sandwiches are also served. Market analysis Australian coffee consumption is on the steady growth. Coffee lovers within Australia are huge in number. Gourmet coffees demand is also huge and appreciated by people. Australia, being the place where the weather is pleasant all over the year except for one or two months being hotter, coffee is the drink which is in demand by all the people. Coffee culture though will have to strive to build a loyal customer base by offering a great tasting coffee in a relaxing environment. Market Segmentation Coffee culture will focus on the marketing activities so that it can reach the maximum number of people. People working in the offices or even the college students who want to relax in a good ambience, should be able to find only one place for the relaxation, and that should be Coffee Culture. The market analysis study states that this age group of people is more prone to buy to look forward for coffee products. Target Market strategy Coffee culture will cater to people who want to go for the daily great tasting coffee in relaxed atmosphere. Colleges students are the major target for coffee culture as this age of people are always looking forward to relax and enjoy. A unique possibility of maintaining a positive and huge client base is the target. Competitor Analysis Australia is one of the major coffee consuming countries. Almost 75% of the coffee consumption is instant. Nestle Australia sales let the coffee sales share to the value of 58%. Nestle still continue to dominate the market holding an 82% value of shares. Nespresso brand has 77% value of shares. All these brands believe in the innovation to bring something new to the market and keep developing themselves. To come up with new strategies to compete with such big brands is the new possibility for Coffee Culture. The prices in the starting will be kept low to survive and to attract the customer base. Strategy and Implementation Summary Coffee cultures marketing strategy will be focused on getting the new customer base, retain its current customers and getting customers to spend more time at the coffee shop. The ambience should be the way that the customers are prone to visit again and again. Establishing a new customer base is a huge and good paramount. Competitive Edge Coffee culture will be unique as it will not only provide brewed coffee but also provide the ambience for everyone. Comfortable sofas, romantic lights and relaxing music will be the key features of the ambience. Sales Strategy Strategy for sales is to speed up the service by involving two employees at the same time. One who will prepare customers order and the other will take the charge for the transactions. Sales Forecast Costs are assumed at 20% for coffee beverages and 45% for retail pastries. Web Plan Summary The website of Coffee Culture will be attractive as it will have different kind of menus as well as special offers on special occasions like Valentines Day or Christmas. Strategy would be to take the database of the current customers in order to send the mails for attractive discounts and offers. Management Summary Coffee culture is majorly handled by Chris and Todd. Chris did his management degree in Hospitality Management and Todd being his friend and an Engineer, will speculate the architecture and internal system of the business. The management team will involve a full time manager who has 5 years of work experience in this field. Responsibilities include developing and marketing strategy, Dealing with materials and all other managerial duties. Management Gaps Despite having the experienced managers and owners, the industry will retain the consulting services of espresso services. The consultants who have helped build the companys customer base and coffee culture. Financial Plans Coffee Culture will capitalize the strong demand for quality coffee. Owners have provided the company with the sufficient startup cost capital. Coffee culture will maintain a healthy 60% margin which is enough cash for the company to grow. Cash Flow Cash flow will be healthily managed which will allow timely debt servicing and funds available for future. Break even Analysis With average fixed cost of $20,300 in FY 2010 and average margin of 65%, the break even analysis would be $31,300 per month. Projected profit and loss Annual projected sales of $584,000 in FY 2010 translate into $24.00 of sales per square foot, which is in line with the industry averages for the size of coffee bar. Sustainability Summary The environmental impacts can be deforestation, water pollution, agrochemical usage etc. The triple bottom line includes three things: People, planet and profit. Trading of the raw materials should be done in a way that the farmers get their share fairly, environmental impacts should always be taken care of and profit is the last thing which coffee culture desires after satisfying its customers. Bibliography Bora B, Borah S and Chungyalpa, Crafting Strategic Objectives: Examining the Role of Business Vision and Mission Statements (2017) 6(1) Journal of Entrepreneurship Organization Management. Akeem A, Fatai Alani, Agwu, Vision and Mission in Organization: Myth or Heuristic Device? (2016) 4(3) International Journal Of Business Management. Bose Tarun Kanti, Market Segmentation and Customer Focus Strategies and Their Contribution towards Effective Value Chain Management (2012) 4(3) International Journal of Marketing Studies. Impactbnd, How to Do a Competitive Analysis in 5 Easy Steps (4 April, 2017) https://www.impactbnd.com/blog/5-ways-to-perform-a-competitive-analysis-establish-your-presence Kiumarsi, Jayaraman, K, Salmi mohd Isa and Asra Varastegani, Marketing strategies to improve the sales of bakery products of small-medium enterprise (SMEs) in Malaysia (2014) 21(6) International Food Research Journal. Smepals, 5 Great Gap in the Market Start up Ideas (12 November 2015) https://smepals.com/startup/5-great-gap-market-startup-ideas Note, Financial Planning Research Journal (2016) 2(1) Journal of Financial Planning of Australia Golfenvironment, Sustainability Summary (December 2015) https://www.golfenvironment.org/assets/0003/8479/IF_Sustainability_Summary_web.pdf Bora B, Borah S and Chungyalpa, Crafting Strategic Objectives: Examining the Role of Business Vision and Mission Statements (2017) 6(1) Journal of Entrepreneurship Organization Management Akeem A, Fatai Alani, Agwu, Vision and Mission in Organization: Myth or Heuristic Device? (2016) 4(3) The International Journal Of Business Management Tarun Kanti Bose, Market Segmentation and Customer Focus Strategies and Their Contribution towards Effective Value Chain Management (2012) 4(3) International Journal of Marketing Studies Impactbnd, How to Do a Competitive Analysis in 5 Easy Steps (4 April, 2017) https://www.impactbnd.com/blog/5-ways-to-perform-a-competitive-analysis-establish-your-presence S. Kiumarsi, Jayaraman, K, Salmi mohd Isa and Asra Varastegani, Marketing strategies to improve the sales of bakery products of small-medium enterprise (SMEs) in Malaysia (2014) 21(6) International Food Research Journal Smepals, 5 Great Gap in the Market Start up Ideas (12 November 2015) https://smepals.com/startup/5-great-gap-market-startup-ideas Note, Financial Planning Research Journal (2016) 2(1) Journal of Financial Planning of Australia Golfenvironment, Sustainability Summary (December 2015) https://www.golfenvironment.org/assets/0003/8479/IF_Sustainability_Summary_web.pdf
Wednesday, December 4, 2019
Question: Discuss about the Reflection on the cultural diversity in Australia and health issue of Aboriginal and Torres Strait Islanders. Answer: The sociological imagination (SI) template is a term described by a sociologist named Wright Mills as the awareness of the association or link between personal experience and wider events in society. The use of imaginative thought and reflection related to an event facilitates sociological imagination and understanding ones connection with the wider social realities (Giddens et al., 2016).Hence, this wider method of sociological analysis helps to focus not just on personal issues but also on the wider issues faced by certain group in society. Germov, (2014) states that linking ones personal problem and social functions with societal problem support collective action to address any change. By using the sociological imagination template, the historical, cultural, structural and critical factors related to a social problem can be effectively analysed. Applying this template in reflective task helps to link personal trouble to public issues. Sociological imagination template is used in various aspects of life. The main purpose is to use imaginative thought to answer any sociological questions such as reason for any social issues in particular group of societies. This reflective report uses the SI template to discuss the origin of cultural diversity in Australia and how the Australian health care meet the needs of diverse population group. Special focus and attention is on identifying the health issue present in Aboriginal and Torres Strait Islander people and its analysis by means of the four factors present in the SI template. Australia is now known as a culturally and linguistically diverse nation because of the presence of culturally diverse people in the country. The demography of Australia is made up of the British colonial population, the indigenous population and many immigrants coming from other countries. It cultural diversity is reflected from the following statistics that one in every four Australias population are from overseas and 20% of them speak other language than English. Secondly, the population of immigrant is also huge overseas migration represented 60% of the Australian population in 2013 (Face the facts: Cultural Diversity | Australian Human Rights Commission, 2017).Secondly, the Aboriginal and Torres Strait Islander people comprised 3% of the Australian population and disparities between the health status of indigenous and non-indigenous population is a major worry for Australian health care system. Hence, the cultural preference and beliefs varied for different cultural groups and t his presents severe challenge to the Australian health care system. While analyzing the origin of cultural diversity in Australia and analyzing the health issues of Australia through the SI template lens, my view about health issues changes. Earlier I was not aware that historical, cultural and social factor also plays a role in health issues. However, while doing the research work on health issues in this group and comparing their culture with mine, I realized that human diversity and cultural background contributes to many social issues. After doing this task, I realize the need to respect the dignity of each individual despite cultural background and my own responsibility to do to good to the society and the people around it. Reflective writing based on SI template Historical factors: My country of origin is Nepal, which is a developing country with multidimensional heritage consisting of ethnic, tribal and other social groups. The culture of the country is mainly influenced by Tibetan, Indian and Mongolian culture. Being a Buddhist myself, I have always paid focused on refraining from any violence and mental conduct. I come from a middle class family and for use mental health and spiritual well-being is more important that other pleasures in life. My own cultural beliefs and norm has been the reason for what I am today. My cultural beliefs shaped my judgment and decision making regarding all important choices in life such as health choices, employment choices and relationship choices. Although my country has different tribal groups, however I never got the opportunity to work with them closely and understand the issues facing them in daily life. Similar to my country, Australia is also a multicultural country with about 60% of immigrant population. Net increase in overseas migration significantly contributes to the growth in Australian population. The first inhabitant of Australia, the Aboriginal and Torres Strait Islander people came to Australia because of famine, floods, oppression and brutal political regimen in their own countries (Census: Aboriginal and Torres Strait Islander population, 2017). Many other past historical events led to the transformation of Australia into a culturally diverse nation. Before the European settlement, many migrant came to Australia as an explorer. However, after the enactment of the White Australian policy in 1901, restriction was imposed on migration of non-European Australians. This was aimed to promote British cultural identity and exclude people who did not fit the European culture of Australian society. However, post 1973, multicultural policies was implemented again by the Labor gove rnment and now it has holistically embraced people from all cultures and origins (Connell McManus, 2016).However, the presence of multicultural environment has given many threats to policy makers and public health department. The Australian government prepared themselves to address this challenge too. For example, the Assimilation policy was implemented to encourage new arrivals to embrace cultural practices of country (Moorcroft, 2016). The health care department focused on increasing the cultural competency of health care workers to address the disparities in health between the indigenous and non-indigenous population group (Clifford et al., 2015). Cultural factors: My own cultural beliefs and preferences has influences my views about society and health. In my home country, I have found that local people do not believe on the biomedical approach to health and their perception is that illness and pain is linked to the supernatural elements. Hence, they mostly prefer spiritual intervention to address their pain and suffering due to diseases. Different health beliefs and cultural norms also affect the disease management process and adherence to medication in patients. For instance, some people do not take medications and believe in worship and prayers for protection from disease and illness. Some prefer to seek cure through spiritual means (Wasti, S. P. (2011). However, for me biomedical approach to health is important because my professional education in the health care fields have strengthened my rational regarding the efficacy of biomedical cause of illness and treating diseases. However, my choices in life are influences by my cultural beliefs and norms too as I do not will to cross them. While working in Australia, I came to know about the multicultural diversity of the nation. Multiculturalism in Australia is high because of diversity in language, people and culture if residents. The Australian Government has readily embraced multiculturalism by implementing immigration policies, preventing discrimination and promoting equality for all. However, despite such efforts, the difference in cultural beliefs and values has had an impact on health outcome of different cultural group too. For example, great disparity in health outcome between indigenous and the non-indigenous Australians have been found. Life expectancy and mortality rate is an important indicator of health outcome and life expectancy in Aboriginals were found to be lower than 10.6 years compared to the non-indigenous population in 2010-2012 (Life expectancy (AIHW), 2017).. The inequality in health status between indigenous and non-indigenous Australians is also reflected from the high rate of infant mortality, poor health and poor education and employment in Aboriginal and Torres Strait Islander people. Cancer and Circulatory disease was a major cause of death in the group between 2007 and 2011. The disadvantage was also seen due to risky behaviors lie smoking, poor nutrition, alcohol consumptions and physical inactivity. Remoteness and poor access to health was also found to increase the health disparity (Indigenous health (AIHW), 2017). Discrimination and negative experience in health care services also affected the use of health service among the indigenous people. Hence, I think that focusing on the social model of health care will be important for a multicultural nation like Australia because this will help to focus on cultural, environment, economic and social influence on health and reduce the gap in health outcome of different cultural groups too (Aver Patterson, 2017). Structural factors: I come from a middle class family and my cultural value of respect and doing no harm to people has helped me to achieve many things in life. I have always maintained a good relationship with my family and taken their views before taking any decisions in life. In health choices too, although I follow the biomedical approach to health, however I incorporate my Buddhist cultural element of maintaining mental peace to promote health and well-being. Hence, my personality and my interaction with society is dependent a lot on my cultural and religious beliefs. While working in Australia, I have found that biomedical model of health care is more dominant in their health care system. All health care process and service is relies on the biomedical model. However, as there are a large number of culturally diverse people in the country, I feel that focusing just on the biomedical model will not help to address the health issues of the indigenous population. Reports have shown that the cultural beliefs. experience of discrimination and negative experiences of colonization are the major reason for health disadvantage in Aboriginal and Torres Strait Islander people. Cultural gap has been the reason for poor access and use of health services. Language gap has also prevented establishing therapeutic relationship with these people (Mitrou et al., 2014). Hence, Australia has now started focusing delivering culturally sensitive care by improving the cultural competency of staff and addressing the social and health disadvantage factors in their life. Th e adaption of social model in health delivery facilitates taking many preventive measures to reduce negative health outcome in indigenous population. Critical factors: Cultural values have not made my life difficult. This is because I have balanced based on my knowledge and insight regarding the benefits of different social element and processes in society. This has helped me to manage my health concerns and profession decisions too. The Australian health care is also focusing a lot on social model of care to address health disparities in a multicultural environment. In response to the closing the gap policy, there has been a focus on improving cultural competency to improve the quality and effectiveness of care for indigenous people (Cultural competency in the delivery of health services for Indigenous people, 2017). Alignment with ACU graduate attributes By research on the topic of origins of cultural diversity in Australia and the health issues specific to the Aboriginal and Torres Strait Islander people, I came to know about the great cultural gap between indigenous and non-indigenous Australian. Before doing this reflective assignment, I was not aware about the hardship experienced by this group and how their past experience had an impact on health. However, while researching on the cause of negative health outcome in Aboriginal people in Australia, I was shocked to know that they were victim of brutal political regimen in their own country. Secondly, after migrating to Australia, hardship continued for them due to cultural shock, discrimination and poor experience in health care service. Lack of access to proper housing, employment and employment also played a role in negative health outcome (Chen, D., Yang, T. C. (2014).. 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