Financial fraud is a crime in corporate finance that involves overtating income, assets, and profits. It also understates financial liability and loss. In simpler terms, a financial statement fraud is intentionally misrepresenting financial information. It is done by intentionally removing or adding data in a financial statement. The sole aim...
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Stakeholders are groups or individuals interested in the results of a project or decision-making process. For example, neighborhood groups, parent-teacher groups and employee groups are part of stakeholders. Stakeholder analysis is often performed in a company to understand how stakeholders influence business activity and processes (Bryson 34). Inclusive working relations...
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The Role of Security in an Enterprise The role of security in an enterprise is to ensure that any progress that may be a threat to continued survival in a corporation is detected and actively managed. It is the department that, by close cooperation in the organisation, supervises all the functions...
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Essentials of Human Resource Management Essentials of human resource management focuses on the understanding of future managers of HR. This book includes everything that students need to gain a decent and wide-ranging understanding of human resources exercises at an organization, to help them understand and work more well with issues of...
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Ethics refers to a collection of laws in an organization that governs how it can perform its functions. Compensation of workers plays a key role in the mindset of workers towards the accomplishment of the objectives set. A company must ensure that it has a fair and just scheme of...
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Acquisition: Acquisition is the acquisition by an entity of goods and services. This method is generally called the purchasing cycle in 10 steps (Georghiou, Edler, & Uyarra et. al., 2014). The acquisition sequence follows a particular process that starts with need for recognition until the last stage in which the business...
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Emerging trends show that websites are an important element and the most recent frontier for companies to thrive. A good website must comply with four main elements in order to help its parent business succeed. The following are: Accessibility: How mobile and disabled users can access the site Experience – How appropriate...
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Discuss and assess how motivational levels can affect the performance of a person and a team at work. Motivation refers to a cause that a person acts or acts in a certain manner. It's fundamentally a driving force or someone's readiness to do something. Motivation is extremely necessary in an organization...
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In an organisation, politics and decision-making In an organisation, politics is an increasingly important field that contributes to governance and serenity in an institution. Proper decision-making by team members is also important for policy problems within the company. Micropolitics help to understand the internal functioning of politics as well as the...
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Certificate IV in Business Administration Certificate IV is equal to a bachelor's degree at the university with a period of around six months to one year. The course will take six months to two years to complete. Certificate IV of Business Administration prepares one to serve in management positions in all...
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With the ever-changing demographics that have become visible globally, cultural competence has become an essential aspect in the creation and establishment of a conducive working environment, with this paper thus providing a scope on what cultural competency is, understanding cultural competency, reasons why organizations are embracing cultural competency, and benefits...
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Corporations often seek to please workers and customers Employees that are completely satisfied are highly structured, function satisfied and dedicated to the job. Unfulfilled employees are, however, disengaged in industry and thus have retirement behaviour. Withdrawal behavior is a code of conduct where employees demonstrate their psychological or physical disengagement in...
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