Use of Symbolism in The Rime of the Ancient Mariner Essay -- Samuel Ta

Samuel Taylor Coleridge’s use of symbolism in The Rime of the Ancient Mariner lends the work to adults as a complex web of representation, rather than a simple story about a sailor. The author uses the story of a sailor and his adventures to reveal aspects of life. This tale follows the Mariner and his crew as they travel between the equator and the South Pole, and then back to England. Without the symbols, The Rime of the Ancient Mariner would be simply a poem about an old mariner who is telling a story about killing a bird to a guest at a wedding. Of course, anyone who reads the poem can see that there is more to it than just a simple telling of a story. The first symbol in the poem is the wedding that the guest and the Mariner are at. This is a highly significant detail, because Coleridge could have made the story telling take place at any setting, but he chose a wedding. The reason for this was because a wedding is a very religious and very happy occasion. Weddings symbolize new beginnings and happiness. The reason that Coleridge decided to have this horrid tale told at a wedding could be for any number of reasons. I feel that the setting was chosen because of the new beginnings implied. As the Mariner tells his tale, the guest is held captive and when the story is done, the guest becomes essentially a new man and goes off to live the rest of his life. Had the tale taken place at a funeral, the heavy feeling of ending would have destroyed the symbolism of new beginnings. It could have been an ending for life, for happiness, and for everything else. If this had happened, then the fact that he rose the next day would not have been as significant. Therefore, the wedding is a very important symbol for this poem. Another significant symbol throughout the poem is the albatross. It first appears in the first section and it is a symbol of good omen for the sailors. The albatross is a white bird, which is probably the reason why many Christians of the time saw it as a holy symbol. Because it was a white bird, which was a sign of righteousness, it therefore was considered a good omen. In this poem, the albatross symbolizes good fortune. When the Mariner kills the albatross, for absolutely no reason, the good fortune that has come upon the ship leaves. Symbolically, the Mariner did not kill a simple seabird, but instead an omen of good fortune, which is why... ...riner took a gamble with his religion, and now the pair is taking a gamble for his life. Life-In-Death ultimately wins over Death in the game, and the Mariner’s shipmates die at his feet, yet he lives on. The Rime of the Ancient Mariner is a highly significant poem of a complex web of representation that is very dependent on symbolism. The symbols of the wedding, the albatross, the blood that the Mariner sucks in order to announce the ship and the game between Death and Life-In-Death are only a few of the symbols that add meaning and depth to the poem. If it were not for the symbols, the poem would simply be the story of a Mariner telling his tale to a wedding guest, and then the poem would have no meaning to anyone. When reading this poem, the reader can feel much like the wedding guest, entranced and hypnotized by the storyteller. This is because of the symbolism exhibited through the poem. Even if the reader of the poem does not fully understand the symbols in the verse, the intuitive mind will catch them and understand the detailed meaning. The symbols themselves in The Rime of the Ancient Mariner are therefore the part of the poem that makes it so intense and interesting.

Pleasantville Essay -- TV Shows Pleasantville Essays

Pleasantville If you think about it, today’s world is not such what we call â€Å"user-friendly† place. Unemployment, severe diseases, global droughts and other dreadful natural disasters that are about to happen to our lives. Even better, the more time passes, the more chances you get to face them in the future. But what the heck, everyone will eventually face all of those problems one day. Danger, devotion, abomination, curiosity, and alterations are always present in our lives. You might think that Pleasantville is pleasant. Well do I have some news for you: nope. The name â€Å"Pleasantville† is just a simple irony that’s all. In Pleasantville, everyone is so empty in their minds. For instance, every character always did the same thing over and over. It’s like everything falls into the right way that it should be. The basketball players always score, the wives are always cooking and taking good care of the husbands and children. Husbands are working, children are little precious angels who never get in any kind of trouble. No worries, no problems, just plain good stability. There is no wrong for them because everything was in sync. It would be really tough to adjust to that kind environment where everything becomes dull and unbearable. No color, no fire, nothing exciting except the way Bud made every shot to the basket without even trying to. No changes what’s so ever. As soon as the characters saw changes, everything was getting completely different....

Regency Grand Hotel Bangkok

In the earner set-up. He employees were expected to follow the orders of their managers without questioning them. Initiatives to solve problems at personal level were discouraged and it led to lack of innovation and risk-averse behavior. Eventually, the hotel staff got accustomed to the style of management over the past fifteen years, and it made the work go smoothly with minimal number of conflicts. The practice reduced the bureaucratic governance that was embedded in the past management.The employees were now able to get involved In decision making, creature, and innovation. Interaction with top management was also encouraged. Backer's policy however did not improve the performance of the organization, he spent a great deal of time solving employee problems, there was an increase in the number of complaints by customers and an increase in mistakes made by the employees. The performance of the organization therefore deteriorated. However, the recent sale of the hotel to a new Americ an group Introduced an altogether new style of administration to the employees.The management style of the new GM was entirely opposite to what the staff was familiar to, and it caused problems bringing the hotel's performance and reputation down the drain. Symptoms & Causes of Deterioration of Performance: Symptoms & Causes of Deterioration of Performance, Cultural factors, Communication factors, Staff performance: 1 . Personality and organizational fit 2. Job design and role ambiguity 3. Espoused and enacted values Power hierarchy &: decision making process 4. Stress 5. Absenteeism, 6. High staff turnover and 7.Job satisfaction Major Issues In the case Major issues in the case Organizational change inadequately managed. The differences in the newly merged workforce with dissimilar profiles had not been addressed. Following this, Becker did not employ a communication strategy that supported the dissimilarity between management and employees and their different cultures. I en unc lear calicles making process Ana power annularly. Lack AT proper analysis of the chances of success of the strategy of empowerment. Lack of proper coordination within the management team, when trying to implement the empowerment strategy.The Hotel also faced the challenge of social emotional conflicts among employees. Contingencies of power such as source of power were not clearly outlined. These issues resulted in high levels of stress, absenteeism and remover. An overview of the problems occurred Junior and senior managers feel losing power because of the practice of empowerment. Most of the managers waste time on dealing with minor issues. The general manager John Becker is sick of giving minor decision instructions to his subordinates.Motivation Motivation Motivation is a fundamental aspect of improving the quality of performance of the work force. The Regency Hotel management aimed at developing motivation among employees. However the employees were not motivated. Increased fru stration, stress, Job dissatisfaction and high turnover were some of the factors that immemorial employees. Encouraging innovativeness and creativity among employees is an essential component of a successful organization. The free environment provided by the organization was not effectively utilized by the employees.The performance of the organization depreciated as a result. Motivated staff Improved performance of organization Empowerment Empowerment refers to increasing the spiritual, political, social or economic strength of the individuals. It often involves the empowerment developing confidence in their capacities. In some situations empowerment could motivate employees. The problem n the hotel is the measurement of a major or a minor issue. There is not a definition or standard states what a major issue is. Actually employee needs to know what he/ she can touch and what he/she cannot.Conflict comes when the management disagrees with the employees' view. For example, a guest go es to the front-counter people and asks for a room upgrade. The front-counter boy thinks he could do that without approval from his superiority the front-counter manager may think it is a big issue because it would affect the profit of the business. What the front-counter boy has done may annoy the front-counter manager. Issues ; Consequences After Empowerment Empowerment can be described as People having the skills and the self-belief to proactively deal with issues and make the most of the opportunities available to them. UT soon after the execution of empowerment Becker realism that things are not going according to his expectation because staff of regency grant don't know what is empowerment? Because they use to work as per their manager order in the previous management they are not allowed to innovate & generate anything new ,Ana were Electorates Day teen sensor managers Ana rater all tens teen note want o take risk and get punished by the management but general manger back in America was working in a empowered environment where staff has a power of decision making & can take minor decision on their own . Classically it's a cultural difference between management and staff, where people+ from Thailand believe in team work and management is from America who believes in individuality they believe that they can do anything unaccompanied which was the first issue. Outcomes Of The Failure Of Empowerment Due to failure of empowerment hotel regency grand was losing its profit, client's and tutus in Bangkok as well as it's intangible assets like market value and quality standards began to decline.Becker thought that empowerment will help his hotel to earn more profit and guest satisfaction but his strategies backfired on the hotel reputation, resulting in the decline of the overall Performance of the hotel. It was for the first time that there were an increase in number of guest complaints both verbally and in written. Guest started complaining about the services provided to them and above all disgrace in the news paper as one of the Sais's nightmare hotel. Criticism about service standards of the hotel, Staffs were also not happy takes it to the inequity among the employees.Back biting among employees was commonly seen now and good working atmosphere was harshly strained. Lack of team spirits among the employees now they were against each other when mistakes were made by any employee. Unclear power hierarchy Unclear power hierarchy Another major issue encountered at the Regency Grand Hotel which affected the organizational culture was the problem of unclear power hierarchies which lead to staff not understanding their role clearly in the decision making process. Employees were given empowerment but this proved to be problematic as staff were unable to discern between what constituted a major or minor problem.Staff found that in many cases when they did make a decision it was later overturned by supervisors. One part of the process of empowe rment is impact. â€Å"Empowered employees view themselves as active participants in the organization; that is, their decisions and actions have an influence on the company's success† (Ms Shame, 2008, p. 185). Becker introduced empowerment but this part of the process was distorted as the employees felt that their decisions were not valued and often overturned. Additionally, Becker stated he would not tolerate the same mistake twice.Staff now found it easier to revert back to their old ways of passing all problems over to their supervisors. This was directly counteractive to the plan of â€Å"allocating more decision-making authority to front line employees† (Machines, 2008, p. 192). This further reduced the effect of empowerment. Job Design and Role Ambiguity Job Design and Role Ambiguity Employees were uncertain of the types of issues that were to be considered â€Å"Minor† and â€Å"Major†. Without clarification, they continued to refer problems to man agement.Jobs that have ambiguous demands, Jobs that have too many demands, and Jobs that do not allow the employee to participate in work related echelons are Kelly to anneal attempts at stressful performance, tenured frustrating higher order needs† (Behr, Walsh ; Table, 1976, 42). This frustration results in reduced effort and motivation. They go further to state that â€Å"Effort toward quality is related to role ambiguity in that concern with the quality of one's work is not maintained if it is unclear what constitutes task success†(Behr et al, 1974, 46).Supervisors were unsure and reversed employee decisions to refer them on to higher evils of management. Role Conflict: The front-line staff were expected to experiment and be creative in dealing with situations at work, but were only allowed to make a mistake once. This resulted in reduced learning capacity as employees began behaving defensively in order to avoid reprimands for errors. Reduced Job Satisfaction: Incr ease in customer complaints, increase in absenteeism and employee turnover. Intra-organizational relationships suffered as trust was lost and fear reigned.Poor reviews due to declining levels of customer service. Role Ambiguity Role ambiguity Role ambiguity was another issue for the Hotel. Role ambiguity can be defined as a lack of information needed to perform the role (Pearce, 1981; Cooper et al. , 2001). This issue can lead to many problems. â€Å"Employees who experience role ambiguity tend to perform at lower levels than employees who have a clear understanding of Job requirements and what is expected of them. Likewise, role ambiguity is reflected in employees' uncertainty concerning appropriate actions in commonly occurring Job situations.It explicitly results when employees are not clear concerning the amount of authority they have and when they do not know others' Job reference expectations Job design According to the Job characteristics model, employees are more motivated and satisfied when Jobs have higher levels of characteristics. People have different skills, it is important to put the right person into the right position. A few employees of the hotel were transferred to other positions when the acquisition was done.They might not have the abilities to complete the full range of the new work. Recommendations Recommendations for introduction into the Regency Grand Hotel In addition to the exercise, relaxation techniques and learning and development solutions, it is commended that Employee Assistance Programs be introduced to the Hotel, this program offers employees a service whereby challenging situations can be discussed with counselors and psychologists who can provide tools that will embed coping mechanisms (Traveler and Protocol, 2005).Recommended stress reducing strategies Physical activities Relaxation techniques Learning and development solutions Employee assistance program O The remedy for the situations that have evolved within the hotel is to clearly define each person's role and make them aware of the importance their part plays in the overall operation of the hotel. Ensure employees are aware AT tenet irresponsibleness Ayatollah to Attlee want Is a major Ana melon problem and make it clear to members of staff who has the power to make decisions at each level, would also be of great assistance.For example if a problem arises at the front counter with a customer which would incur a minimal cost to the organization this could be handled by reception staff with little impact on the supervisor and within a much faster time frame causing less inconvenience to already disgruntled customers. This could be achieved by removal of the ‘same mistake twice rule' that Becker introduced. In this way employees would truly feel empowered to make decisions that would have an impact on the organization thereby feeling that they were an important part in the hierarchy that exists in the hotel.Address Managerial / Supervisory l evel employees' concerns at losing power. Reward them for encouragement and development of front-line team results. Conclusion The majority of problems experienced during the acquisition of the Regency Hotel may have been avoided or at least reduced dramatically through effective communication strategies, incorporating a comprehensive feedback loop to ensure understanding of changes and new requirements on an organizational level as well as individual level for all employees.Cultural, personal and organizational aspects should be taken into account; and changes to Job design and Job roles should be made clear to ensure successful adoption of the new system. At this stage, the Regency hotel is in a state of flux, with reduction in staff retention, profit and reputation. Effective change management strategies as outlined in this presentation should now be introduced to assist the employees to build a new Organizational Culture and incorporate the Empowerment strategy.

Orphanage Management

Orphanages 1. Daar-Ul-Tanzeem, Children Home 2. Anjuman Taleem-Ul-Quran 3. Daar-Ul-Shafqat, Anjuman Hamayat-e-Islam Location: (Gawaal Mandi & Raaj Garh) Group Members 1. Raza Ur Rehman L1F10MBAM0186 2. Hira Mumtaz L1F10MBAM0210 3. Adnan Ashraf L1F10MBAM0184 4. Arooj Shahid L1F10MBAM2211 5. Naveed Khan L1F10MBAM2204 University of Central Punjab Table of Contents Sr. No. | Topic| Page No. | 1. | Introduction to Volunteers| 3| 2. | Activity detail (Individually elaborated by each volunteer)| 4| 3. | Finding (Individually elaborated by each volunteer)| 5| 4. | Inference (in group)| 6| 5. | Solutions| 7| . | Recommendations| 8| 7. | Working Pictures| 9| 1) Introduction to Volunteers Name: Raza Ur Rehman Registration#L1F10MBAM0186 Contact # 0300-8818813 Email: [email  protected] com Hobbies: Playing chess & cricket. Aim of life: To become a leading exporter of Pakistan. Name: Hira Mumtaz Registration#L1F10MBAM0210 Contact # 0322-5454997 Email: [email  protected] com Hobbies: Fine arts, Candle making & Singing. Aim of life: I befit myself as an entrepreneur. I want to run my own business of handicrafts. I also have a plan to build a welfare house for senior citizens. Name: Adnan AshrafRegistration#L1F10MBAM0184 Contact # 0313-4545169 Email: [email  protected] com Hobbies: Reading newspaper and watching talk shows. Aim of life: I want to explore the transport sector of Pakistan. Name: Arooj Shahid Registration#L1F10MBAM2211 Contact # 0321-8855324 Email: arooj. [email  protected] com Hobbies: Browsing, Chatting, Music, Social networking, Art work. Aim of life: To lead a management team. Name: Naveed Khan Registration#L1F10MBAM2204 Contact # 0333-4818331 Email: [email  protected] com Hobbies: Cricket, Volley ball, Internet surfing. Aim of life: To become a renowned politician. ) Activity Details Raza Ur Rehman: I visited the orphanages of Raaj Garh near Chouburji and Gawaal Mandi. I went there along with my group members to create awareness among children and t he staff members of the orphanages regarding the rights of children. Then, I collected the complaints of children and assure them full support by Children Complaint Office. Hira Mumtaz: I spent some time with children of some orphanages to enhance their understanding about their rights and show them our support to excel in their lives. I asked them to write about the deficiencies or hurdles they are facing.Adnan Ashraf: I talked to the orphans of Raaj Garh and Gawaal Mandi about their problems which they are facing in their lives and made them aware about their rights as citizens of Pakistan. Arooj Shahid: I entered the orphanages and talked to the officials and the children about the deserving rights of children. I tried to develop a sense of confidence among the orphans and made them realize their importance for a bright future of Pakistan. Naveed Khan: I studied the environment of orphanages of Gawaal Mandi and Raaj Garh. We talked to the children about their routine work and mot ivated them to work hard. ) Findings Raza Ur Rehman: Words of all the orphans made us feel that the children are satisfied with the facilities and the care provided by the orphanage administration. They seem happy living there and had no issues regarding the quality of food, education, clothes, etc. Sometimes, I had a feeling that they are reluctant to talk to me but soon after spending some time with them, my mind got cleared and came to know that they were hesitating because very few outsiders visit them. This generated some kind of awkward feeling for them for a short period of time.After spending some time with orphans, I found out that these children are not willing to live with their families. They want to stay in the orphanage homes and consider them as their real home. But their living standard is not still up to the mark. Children have so many questions on their faces which need to be answered by us. Even, after all the efforts by the administration of orphanage, so many th ings are missing in the lives of these orphans which should be provided to them. Hira Mumtaz: Orphanage care takers had very close attachment with these orphans.The concept about orphanages we ought to have, been completely ruled out after visiting these orphanages. But, the quality of life remained a question for these orphanages. Still a lot of work and effort need to be put in order to match the normal living standards. Adnan Ashraf: I saw the orphans completely blank. They were astonished to see us. Their faces were trying to tell us something but the presence of orphanage staff did not allow them to speak openly. Although these children are living a better life in these orphanages but their childhood deserve more than this.Arooj Shahid: The aim of our visit to the orphanage was to develop our understanding about the routine work of these orphans. I noticed their every day routine of going to school and then their life at orphanage. I found out that children are just spending th e days of their life without any clear aims in future. Naveed Khan: After talking to the children and the officials of orphanages, I concluded that they have very limited access to everything and due to this their thinking has also got limited which is not a good sign for a prosperous Pakistan. 4) InferenceWith mutual consensus, all of us concluded that the children are spending a better quality of life in orphanages than their own homes. They are being provided with every best possible facility by the orphanage staff. They have a feeling that the orphanage is their identity and they are not ready to separate themselves from their identity. We found children very disciplined. With all these positive aspects, one thing that we came to know after conducting this campaign is that these orphans feel as if they are a burden on these orphanages. More often, they have a feeling of deprivation.They do not have an access to all the joys of life which a normal child enjoys such as playing cri cket or some other games. The reason is that they do not have the playing accessories. All these things affect their personality a great deal. 5) Solutions Children complaint boxes must be placed in every orphanage. Punjab Government, the donors and the organizations should reallocate the resources to more effectively support alternative care options for these children. CCO must take steps for developing different children welfare programs which should further be supported by our Government in allocating appropriate budget.Government should monitor their implemented activities to ensure that standard guidelines and regulations are followed. Child protection training and child empowerment activities should be implemented. We need to develop programs that will promote the fulfillment of the child’s mental and psychological wellbeing. CCO in cooperation with child protection agencies and other NGOs should initiate programs to provide information to and educate communities about the meaning and implications of adoptions of orphanages.Orphanage staff should take all necessary steps to ensure that children living in orphanages are, as far as possible and in keeping with the best interest of the child, reunified with their families. 6) Recommendations * Place children complaint box in every orphanage. * Punjab Government, donors and organizations should reallocate the resources to more effectively support alternative care options for children. * CCO should take steps for developing different children welfare program which should further be supported by our Government in allocating appropriate budget. Government should monitor their implemented activities to ensure that standard guidelines and regulations are followed. * Child protection training and child empowerment activities should be implemented. * Need to develop programs that promote the fulfillment of the child’s mental and psychological wellbeing. * A comprehensive program needs to be initiated to get children know about their rights, i. e. right to live, right to learn, right to educate and more important right to be a family or a training program on the rights of the child should also be developed for all children living in orphanages, reflecting the full range of rights. CCO in cooperation with child protection agencies and other NGOs should initiate programs to provide information to and educate communities about the meaning and implications of adoptions of orphanages. * Orphanage staff should take all necessary steps to ensure that children living in orphanages are, as far as possible and in keeping with the best interest of the child, reunified with their families. * Different agencies and NGOs with relevant expertise should continue efforts to improve child protection. 7) Working Pictures

Liabilities of a Director Essay

A company is usually established by individuals or Directors (officers included) in this case so as to run it in appropriate manner in order to make maximum profits. For this to happen, it is for the company (Pandora Diamonds and Gems Pty Ltd in our case) to enter or make contracts with outsiders like Kaplan Bank Ltd and Space Solutions Pty Ltd as far as our case is concerned. The contracts made by the company with other outsiders are usually done by Directors who are, most often than not, act as representatives of that mentioned company and be able to be liable by the acts of its Directors as stated in s126. Directors acting on behalf of the company during any contracts are usually in a crucial position of trust within that company, and therefore, the vast array of legal duties will stretch out on their shoulders for holding that position. Due to this hot position, it is easier than not, for their powers to be abused in different ways. Directors have been known to abuse their powers in office for their personal gain. For example, Directors have been held liable for inappropriately using company’s funds in making their personal secret profits. In such cases, the corporate law comes into play (the Common Law and the Corporations Act 2001 (Cth)) and Directors or any other officer who recklessly breach specific duties and obligations should be prosecuted in the court of law. So for the purpose of liability, the common law and the Corporations Act 2001 (Cth) have been laid down so as to minimize the risk of wrongful behaviors by company’s Directors. In this paper, I will discuss the responsibilities, liabilities and duties of a director(s) in a company and give examples how Directors of various companies have been accounted or held responsible for infringing Corporations Act 2001 (Cth) laws. Directors’ Duties Since companies are usually established and managed by directors and a number of officers, these directors have that ostensible authority, collectively, to represent that mentioned company and not as an individual Director. As I am going to talk about it below, some individual directors (Andrew and Brian in this case) have been known to enter in to some kind of contract with outsiders (other companies) and not collectively as board of directors, as allowed under s201J and s198D of the Corporations Act 2001 (Cth). Directors, in most cases, have contravened these sections of the Act because they have their own material personal interests outside the company and have disowned their â€Å"duty to act honestly and in good faith to the best interest of the company† as per Part 2D.1 of the Corporations Act 2001 (Cth). Directors can only avoid the civil or criminal penalties for breaching the Corporations Act 2001 (Cth) only if they fully understand their liabilities and duties (Sieve rs, 1997 and Cassidy, 2006). Some of Corporations Acts laws, which directors need to be watchful for, in order to avoid contravening Corporations Act laws, are and not limited to: 1. Act in good faith and honest for the best interest of the company. 2. By considering company’s interests ahead of their own. 3. Avoiding conflicts of duty and interest. 4. Duty to avoid insolvent trading by the company 1. Duty to act honestly and in good faith to the best interest of the company As far as s181 of Corporations Acts 2001 (Cth) is concerned, any director including Andrew and Brian in our case, have to act â€Å"in good faith and in the best interest of the company (Pandora Diamonds and Gems Pty Ltd)† (see Darval v North Sydney Brick and Tile Co (1988) 6 ACLC 154) and not for their personal intentional purposes. In our case, before resigning, Brian set up his own jewellery business so that he can engage in a lucrative business of supplying jewellery to his new friend Victor after resigning from Pandora Diamonds and Gems Pty Ltd. Brian, under Corporations Act 2001 (Cth) s.184, may have infringed the statutory duties that are found in ss.181-183, and therefore liable for civil or criminal penalties as per Corporations Act laws (Sievers, 1997 and Cassidy, 2006). 2. Duty not to improperly use the position of a director to gain any personal benefits As contained in s182 of the Corporations Act 2001 (Cth), directors must demonstrate their powers for the required purposes so that companies like Pandora Diamonds and Gems Pty Ltd for example can benefit and those directors who violate s180 of the Corporations Act law Sbe penalized or disqualified in the court of law as was illustrated in the case of Mills v. Mills (1938) 60 CLR 150 (Cassidy, 2006). In our case, the exercise of power by Brian to secure some personal advantage by starting his own jewellery business, is considered as an ‘improper purpose’ because it is not within the purpose of benefiting Pandora Diamonds and Gems Pty Ltd, but to himself (see Mills v. Mills (1938) 60 CLR 150, Biala Pty Ltd v. Uallina Holdings (No 2) (1993) and ASIC v. Adler (2002)). Eventually, Brian will be responsible for any financial benefit he might have received as the head of Pandora Diamonds and Gems Pty Ltd (see Queensland mine Ltd v Hudson (1978) 18 ALR 1) (Cassidy, 2006, p. 251). 3. Avoiding conflicts of duty and interest. The conflict of interest is a matter for all board of directors that does not only affect specific directors in the company. According to section 182 and 183 of the Corporations Act, any misuse of director’s position just for the disadvantage of the company and for the benefit of the director is generally forbidden by the law (see Aberdeen Railway Co. v. Blaikie Bros (1854). If some sections like s191 to s195 of the Corporation Act is analyzed further, it details some important rules on how Directors (Brian included) are supposed to disclose or declare to the board of directors, if there is any personal interest that is related to the affairs of the company. This is required so as to ensure that the honesty and integrity of directors are thoroughly observed (Cassidy, 2006). As far as our case is concerned, Brian may have violated s181 of the Corporations Act, for he did not declare or disclose to the board of directors that he has some interest of starting is own business as required under s191 (3) and he may be prosecuted in the court of law for not declaring his interest. 4. Duty to prevent insolvent trading by the company Corporate regulators have tried many means to make sure that there are no companies that can trade while insolvent by imposing higher level of liability on directors. As per s588G of the Corporations Act, civil penalties and personal liability on directors have been imposed on them if in case a company incur a debt and is declared insolvent. An example of a case where directors were liable for the company’s insolvency was that of Commonwealth Bank of Australia v Friedrich. Here, Maxwell Eise who was a director was fined millions of dollars for causing the company to undergo insolvency. The court argued that Maxwell Eise (Brian and Andrew in our case) had breached s588G of the Corporations Act and was liable for debts incurred by the company because his failure to prevent it. If in case directors of companies like Pandora Diamonds and Gems Pty Ltd have acted criminally and believed to be dishonest, in which may harm the company because of their self personal advantage, ASIC with the assistance of Australian Federal Police, criminal investigation can be conducted and tough procedures has to be followed when collecting evidence that will be use to determined as to whether a prosecution should go a head. And if the case is found to be more serious, it will be handled with the Commonwealth Director of Public Prosecution; otherwise the lower courts will deal with these kinds of cases. All in all, directors should carefully study, understand and appreciate their duties and responsibilities that they are subject to as company bosses. Being a director of a company is not an easy task because there are several fiduciary duties that need to be adhered to.

Assignment Example | Topics and Well Written Essays - 250 words - 242

Assignment Example investigation before discipline, proof of guilt, reasonable penalty, absence of discrimination, and fair investigation imply that an employee may have been wrongly terminated. 3. The Fair Labor Standard Act describes two categories of employees; exempt and non-exempt. According to the legislation, exempt employees are not governed by this act and must be paid a fixed salary and meet certain criteria in relation to the job content. Non-exempt employees are covered by the act and are entitle to overtime pay. 4. Job evaluation refers to the process of determining the relative worth of one job to another. Performance evaluation refers to a process of determining, documenting, and evaluating and employee’s job performance. 5. The Lead policy ascribes to an organization’s pay structure that is set to remain ahead of the market for an annum. The match policy sets an organization compensation structure to bare similarity to that of the market. The lag policy sets the pay structure of an organization behind that of its market competitors. 9. Training focuses on the current job while development focuses on current and future jobs at the organization. Training has a shorter time frame compared to development in that it is immediate while development takes on a long term time frame. The scope of training aims at individual employees while development targets at the work group organization. The goal of training is at fixing a current skill deficit among employees while development prepares employees for future work demands. An example of training is onboarding where freshly hired management level employees are imparted with skills to perform the immediate tasks placed on them. An example of a development program for employees is off-site training where employees get to attend seminars and course offered outside the organization, which can assist them to come up with creative solutions towards ongoing

Risk Management Literature review Example | Topics and Well Written Essays - 3250 words

Risk Management - Literature review Example The nature of oil spillage risk in oil exploration program The oil industry is concerned with a long history of spills on the North Slope and the probability of future spills is high. Indeed, there has been an oil spillage once a day, on average, from the time when gas and oil development began on the North Slope. Many of the tragedy involved pipelines, and improvement in the Chukchi and Beaufort would result in setting a connection of pipelines from wells to shore, till 75 miles away. In order to make the subject worse, ocean currents move the chemicals and oil hundreds of miles. Further, in the Arctic Ocean, cleaning up oil spills would lead to enormous challenges. Suppression and recovery at sea hardly ever leads to the removal of more than a comparatively small fraction of a large oil spill, i.e. only 10-15% and often significantly less. Till date, no technology subsists in order to clean up oil in the sea ice circumstances and late-season spills would stay behind until the following year. Furthermore, cold water splits down oil much more slowly than the warm water. Another impediment is the lack of infrastructure for quick reaction to a spillage. Climate change has considerably weakened the basis on which Arctic ecosystems function. Most important industrialization would add to the challenges faced by phytoplankton, at the bottom of the food chain and would generate a series of other problems. Species mainly at risk include polar bear, walruses, ringed seals, beluga and bowhead whales and coastal birds.