Value Analysis Research Paper

Value Analysis Research Paper Introduction Employees should undertake their tasks with integrity and honesty. By taking the role of the two virtues, they invoke the respect and trust from their employers. Levy (2000) regards honesty as the best policy at the workplace. An employee should endeavor to be valuable to the company. One needs to be trustworthy and dependable if the employer is to value them. Employers completely lose trust in their employees when they steal from them; stealing can be in terms of money and time. Money theft is however taken with seriously than that of time. Telling lies to the employer or to a senior person at the workplace destroys an employee’s image; this is because employees misrepresent themselves. Working for Revol Wireless was one of the most has been very pleasant experience for me. As a sales manager, my work was to oversee all the operations in the sales department. As a sales manager I had the power to recruit and hire sales staff for the company. I recruited, trained and later on hired my cousin as a sales associate. We had a healthy working relationship until I discovered that he had been giving exaggerated figures on the sales so that he can get a higher commission. He could forge receipts and afterward use then as ‘evidence’ of the sales made. I had built trust on him hence I did not bother to critically analyze his activities. Sometimes he would just use word of mouth to tell me about his progress, I took his word not realizing that he was a con. When the inconsistencies were large enough, his dirty acts were finally exposed. It was very disappointing to discover that the person I had put my trust on had betrayed my trust. This affected me since this incident could have incriminated me given that he is my cousin. Somehow, this thought made me to feel as if I was responsible for his mistakes; I kept on telling myself that I was to blame. It was even harder to imagine that the person I had worked so hard to train has been taking me for a ride. Looking back, I should have been more careful since some weeks before this shocking revelation, I had noticed some discrepancies but I ignored. This had been going on for some time and it took a while before I discovered his mischief. This act had gone against the company’s ethical code. This completely broke the trust I had in him. Dishonesty destroys a good working relationship between an employer and an employee; it breaks the trust that the employer had on the employee. Different beliefs and their attempt to solve the problem Confucianism holds that not all lying is bad; there are good and bad lies. Confucius states that it is okay for a son to protect his father during trial of a non-violent offense through lying (Murphy 2004). Sometimes lying can be regarded as a noble act. These are the kind of lies that people tell to protect loved ones from getting hurt. Supporters of this belief would not forward the sales associate since this would only present a bad image. A straightforward person does what is believed to be right but ends up hurting other people. Covering up for someone we hold dear is the main teaching of this beliefs system. Protocol would have demanded that such a person to be forwarded to the authorities. Using Confucianism arguments, the sales associate should not be taken to the authorities. The management is not aware of this fraud hence it will be easy to fix the problem at the sales department level. Covering up for the sales person would be the ultimate solution for this case. Confucian ism will regard this as a good lie. Upanishadic teachings emphasize on the importance of working earnestly. There is emphasis on the need to undertake all work to our best while we leave God to do the rest. Man is expected to play his role in a proficient manner but no one should try to undertake God’s work. There is need to approach the sales associate and ask him to explain the reason for his dishonesty. It is unwise for man to judge since this is the work of God. The associate need to seek spiritual proficiency since this will help him to become proficient in his work. There is need for spiritual nourishment since this will form the basis for self-assessment. There is no need to worry about the punishment of such an individual since this is the work of God. This is God’s part and He is the only one who can perform it perfectly (Scarry Scarry 2010). Hinduism is a belief that teaches people on the importance of integrity. It is believed the dishonest can never escape punishment. Human beings may view dishonesty as a violation of law but time comes when the offenders pay for their mistakes. Every person has a duty to tell the truth if they are to avoid the wrath of Goddess Parvathi. Every dishonest act that we as human being do is legible to punishment. Covering up for the mistakes of the sales associate will mean that the witness is a sinner too and judgment shall fall upon him. Punishment for dishonesty does not have to follow a legal proceeding since a spiritual power makes those who were involved in such acts to suffer for their sins. Dishonest people can never get away with their crime. Confession and telling the truth about what happened can help in solving the problem. The victim should not deny his involvement in the crime since this will only invoke punishment (Hollinger 1999). The Bible teaches Christians that God hates a tongue that lies. In Christianity lying is defined as deliberate falsehood. Christianity teachings state that God hates a lying tongue and a witness who tells false lies. The sales associate has committed a sin according to these teachings because he has been pretending to be something he is not. The Bible recommends that such a person needs to confess his sins so that forgiveness can be granted. If he fails to confess that he has sinned, he cannot be forgiven. The Bible would require the associate to humble himself while asking for forgiveness. Condemnation will fall upon him on the judgment day if he fails to repent his sins. Hypocrisy and deceits are linked together and praying for forgiveness is the only way that the sinner can escape God’s wrath. Marxism envisages morality as a very important aspect in a society. It regards a society as having transcended morals (Greenberg 2010). A society can only be regarded as moral if the people living within it take their roles seriously. This belief system however holds that there are no rules that can be used to judge morality. The crime in question cannot be regarded as serious or not. There is no scale that can be used to gauge the kind of punishment that is appropriate for certain crimes. The sales associate went against the rules of the company but this should not be used as a basis for judging him; this is not enough reason to prove that he is immoral. This belief system suggests that the rules of morality keep changing hence there is no one definition of morality. There are no rules that can be used to determine the degree of crime that the sales associate has committed. However, there is need to analyze the situation further since the perception of the crime may be different to both the management and the sales director. Existentialism holds that actions have an inherent moral attribute. There is a common belief among the proponents of this belief that people need to behave appropriately if they are to be regarded as good people. Doing what is right has some advantages since it make us feel valuable. We need to do what is right if we are to be regarded as morally upright. The sales associate should be reported to the concerned authorities since he has broken the rules. Going against the rules of the company is wrong hence it is important for the sales manager to deal with the case in the most appropriate way; this should obviously be guided by the rules and regulations of the company. There is need to do what is expected hence the sales associate’s mistake should not be overlooked because he is the sales director’s cousin. The law should take its course in this case since this is what protocol demands. Personal basic belief system The Hinduism belief system is my basic belief system. This belief system gives nature a chance to take its course. Evil doers may escape with impunity but they can never escape the wrath of the supernatural being. The legal processes are an important part of the judicial system but their powers are limited. It is impossible for someone to go through this life doing what is wrong and then live a happy life. Nature has a way of ensuring that such people receive their punishment before they land six feet under. Someone may be jailed for some few years and once they are released, they go back to their former ways of life. The punishment from the Holy one cannot be overlooked since it bears effects that cause much suffering. Whenever someone wrongs others even if it is through stealing from an employer, this selfish act is punishable (Gaskin 2002). There are various ways in which people can escape such punishment, confessing and asking for forgiveness saves the people from punishment. Deliberate sins are very serious and assailants should be heavily punished. Hinduism acknowledges the power of the Holy one and it is their belief that He is able to revenge for them. Judgment and punishment is God’s work and He is the only one who can undertake his responsibility well. When one’s conscience is dead, it is only the punishment of a supernatural being that can reverse things. Dishonesty is one of the vices that Hinduism opposes and its judgment is serious since one can even die. The court processes are important in ensuring that justice prevails but they are not the ultimate solution to all criminal offenses such as employee dishonesty. Most basic descriptive value Honesty and dependability helps to build a strong character. Honesty ensures that many problems within the working environment are solved appropriately. It is an important aspect in business in the same way it is to our personal lives. When someone is honest at work, they tend to win the trust of their employers after a short period of time. Honesty makes one to gain respect and trust within the company. If the sales associate has not lied about the sales, he would not have tainted his name hence the sales director would have continued to respect him. Honesty enables employees to work according to the values that they have set. This is an important aspect since it helps to guide those in lower positions how to conduct themselves. When one is honest at the work place, he or she acquires a clear understanding of the important things and this is a very useful aspect in decision making. In a work environment, dependability entails giving the employer a reason to trust the employee’s ability to undertake a certain task (Paloutzian Park 2005). This is an important aspect since it ensures that the employee can be entrusted with certain tasks. When someone is dependable, there is no need to have a supervisor since such people can perform their roles with minimum supervision; their proficiency does not depend on whether they are being watched or not. People need to be honesty and dependable if they are to escape the punishment of the supernatural being. The two values are emphasized in the Hinduism belief system since they form character. The most basic moral values The most basic moral values that emerge from Hinduism concerning the issue of honesty are the need for patience and man’s acknowledgement that God is the ultimate judge. There is no way that man’s judgment can compare to God’s. I am a relativist since I believe that it is my personal traits that enable me to judge situations. In this case, it is advisable to let God play his role since He is the overall determinant of how our lives will be tomorrow and the days to come. He has the power to decide the most appropriate time to punish wrongdoers. Human beings may rush to judge these people but this judgment may not have a huge impact as that of God. Supernatural powers are not to be joked around with since their punishment is real. As a deontologist, stealing from an employer is wrong not because the employer is unknowing but because stealing is a vice (Waardenburg 1999). The moral rightness of an act is considered in terms of the outcomes it brings about. It is wrong to steal from an employer even if the salary or commission is low; there are better ways to solve such an issue such as engaging in a dialogue. It is wrong for man to undertake God’s role in judgment since He is the only judge who is allowed to make final judgments. Local tribunals may try criminals but God’s punishment is ideal. It has the power to make an individual to make a u-turn in his life. Deontologists define morality in terms of following the set rules and regulations. The rules establish actions that have been recognized as true. Since the sales associate’s act deceived the sales director intentionally, this person is moral wrong. It is important to follow a set of rules so that rightness can be upheld. Teleology does not present convincing arguments. The arguments that someone can just endeavor to be happy for no reason at all is illogical. People strive to be happy for various reasons. A person can work hard to attain financial independence so that they can enjoy the fruits of their hard labor later in life (Gaskin 2002). We all strive to be happy for various reasons and among them is attaining a sense of belonging. The sales executive did not just steal for the sake of it; he had an undisclosed reason for stealing from the employers. Resolving the problem Dishonesty at the workplace is one of the vices that break the good working relationship between employers and employees. Ethics is a very important part of the workplace. In resolving this problem appropriately, to start with it is important to get the sales person to confess the sins he has committed. Next, it is important to get into the bottom of the problem by asking the sales associate why he was dishonest. The reason provided will form good grounds for proper judgments to be made. If the reasoning is not convincing, the person needs to face the law. It is important to note that it would be unwise to refuse to listen to the reasoning given since it may point to some loopholes within the organization. Listening helps the employer to critically analyze the situation; this helps in determining the kind of decision will be made to determine the fate of the suspect. Conclusion At the work place, honesty forms the basis of a good working relationship between the various staff of different levels. The moment dishonesty sets in; the good working relationship is destroyed. Stealing from the employer is one of the most common mistakes that employees make. Most of them steal with the hope that the employer will never find out. When discrepancies are discovered, the trust that employers had on employees is destroyed. The case in question involves a sales associate who steals by lying about the amount of sales made with the aim of earning a higher commission. There are several religious beliefs that have attempted to solve this problem depending on the unique beliefs of the religious group. The ideas of world views such as Marxism and Existentialism have also been applied in solving the case. My basic belief system is Hinduism, its way of dealing with the issue of honesty reasonable. This beliefs system presents such moral values as the importance of allowing God to be the overall judge and the fact that God’s judgment is inevitable. The ethical problem in the case can be solved best if the reason behind such misconduct is identified. This will ensure that the sales director will decide on the way forward. AdvancedWriters.com custom writing service can provide you with a high-quality custom research paper on any topic and in any subject you need. Feel free to order your paper online.

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Analyzing Esoteric Alchemy And The Alchemist - 2489 Words

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Vonage Virtual Receptionist for Small Business Essay

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Development Financial Institutions free essay sample

The banking sector is developing rapidly in Malaysia and commercial banks become the most important part of the financial institutions. Malaysian banking system consisted of the monetary and non-monetary institution. The monetary institution is the central bank which is known as Bank Negara Malaysia (BNM), and the commercial banks included Bank Islam. However, the non-monetary institutions comprised into two categories; the first group is supervised by Bank Negara Malaysia (BNM); comprises commercial banking institutions (including Islamic), investment banks and development financial institutions. The second is under the supervision of several government agencies and departments (IMF, 2014). Bank Negara Malaysia or known as the Central Bank of Malaysia is a statutory body which established in 1959 (BNM, 2016). BNM is governed by the Central Bank of Malaysia Act 2009. The role of BNM is to promote monetary and financial stability. This is aimed at providing a conducive environment for the development of the Malaysian economy (BNM, 2016). We will write a custom essay sample on Development Financial Institutions or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page According to the ASEAN +3 Bond Market Guide, Malaysia (2016), BNM focuses on three important elements of central banking which are monetary stability, financial stability, and payment system. Furthermore, importance has given to the development of BNM align with economic management, institution building and strengthening of the financial system.The primary functions of BNM are as below:a) Formulate and implement monetary policy in Malaysiab) Issues currency in Malaysiac) Regulate and monitor financial institutionsd) Hold and manage the foreign reserve of Malaysiae) Act as a financial advisor, banker and financial agent of the government. f) Provide foreign exchange marketSource: ASEAN +3 Bond Market Guide 2016, MalaysiaThe banking services considered one of the largest and important industries in Malaysia. This industry encourages the development of new infrastructure which provides new income opportunities (Productivity Report 2010/2011). Banking is one of the sectors that experiencing major challenges due to globalization. According to Panatik Noordin (2015), the banking industries in Malaysia have to cope with technological changes, managerial changes and global competition (Ang et al., 2014). The ability to offer a wide range of services with high quality by banks in Malaysia to satisfy the customers will enable the financial institution to be competitive in a worldwide. In today banking business, a competitor will gain a customer if another bank fails to satisfy the customer. It is because the banking situation is experiencing to improve by meeting the customers’ demands who is expecting greater changes in the industry (Osman, et.al 2016). In addition, the author further mentioned that the banking sector now becoming more integrated due to technological changes, deregulation, and liberalization which leads to the competitive environment. Thus, banks need to focus on the factors that help to develop competent employees. Currently, Malaysian financial institution is constituted by 27 commercial banks which are 8 domestically owned and 19 foreign-owned banks. These banks serve for customers included Malaysians and non-Malaysians (Bank Negara Malaysia, 2016). Besides, there are 16 Islamic Banks which included in the local and foreign setting.

Advanced Studies in Industrial Relations and Kicking

Question: Discuss about the Advanced Studies in Industrial Relations and Kicking. Answer: Introduction The essay revolves around the industrial relationship, which includes the employment and franchise relationship. It has been identified that presently there is a marketing tension between the federal government as well as the State government regarding the regulations of the industrial relationship. Moreover, the reform in the Federal Industrial relation system makes it more complicated for the organizations. Some of the large organizations have been observed to be facing some serious issues with employees. In order to understand the issues associated with the industrial relationship, the current essay focuses on the scenario occurred in 7-Eleven Australia. According the report, the organization was in trouble with the employment relationship (ABC News, 2016). Some claim that organization did not implement the regulations mentioned by the federal government. However, the organization provides the evidences that demonstrate that franchises allegedly falsifying the statement and creati ng trouble for the organization. Thus, the essay provides an insight about the scenario took place 7-Eleven through intensive analysis. The purpose of the report is gain the insight regarding how the regulations related to the industrial relationship the influence the organizations and the employees. Discussion According to the Fair Work Ombudsman and its agencies many thing went wrong with the compliance of federal government of Australia caused by the alleged actions implemented by 7-Eleven, Australia (ABC News, 2016). The report reveals that for many years, the employees of 7-Eleven have been allegedly reporting that organization did not implement the faire wage policy. The employees of the organization claim that there is a significant underpayment wages maintained by 7-Elevan, Australia. On the contrary, there has also been increasing evidences that the underpayments were related to the false employment records generated by the franchisees. After the formulation of Faire Work Ombudsman in July 2009, the agency has emphasized on eight different matters including 7-Elevan franchisees (Fair Work Ombudsman, 2016). There have been other evidences that demonstrate that an Enforceable raised the issues regarding the non-compliances with the regulations. The investigation conducted on this par ticular issue helps to learn in the year 2012; 7-Elevan was invited to take part in a pilot program to guide the franchisees identifying the compliance. In addition, in 2012, 7-Elevan was also observed to be the Franchise of the year. The investigation further derives the outcome, which implies that 7-Elevan showed its interest. In such situation, the Franchises were not new and recent migrants could be unaware of the workplace obligation. Nonetheless, in spite of the assurance of commitment that franchises receive the adequate guidance on their obligation, the organization 7-Elevan denied to take part in the franchisee program. In addition to all these, it has also been that the Fair Work Ombudsman had the engagement with 7-Elevan. The purpose of this engagement was to observe the enhancement in compliance. Furthermore, it has also been observed that based on the continuous concern as well as the intelligence, a strategic inquiry has been conducted to identify the issues occurred in 7-Elevan. An assessment of 20 stores was conducted, which provide the some opportunities to find out the major cause of non-compliance. Based on the inquiry, further solutions to resolve the problem was supposed to be conducted. Moreover, The Fair Work Ombudsman has raised the issue to support the franchisees by suggesting the advice. However, it is not the responsibility of Work Ombudsman to build the compliance as well as monitor the work framework for the franchisees. The Fair Work Ombudsman has been in the discussion with Australian Competition and Consumer Commission to resolve the issues. The Fair Work Ombudsman also issues two different media statement to expose publicly the status of its work that time. In fact, the issue was also raised the court and other details of the Enforceable Undertaking. Two significant concerned raised by 7-Elevan took the place in the discussion. However, the organization 7-Elevan had to deal at the court regarding the underpayment wages. On the contrary, the franchise of 7-Elevan provide the doctoring evidences and supported the underpaying workers to cut down the operating cost. One of the 7-Elevan store in Melbourne has internally accepted short-changing its employees by ten thousands of dollars as well as the doctoring its employment records to minimize the cost (Lessons from 7-Elevens scam,2016). Furthermore, in order to prolong the investigation, The new investigations come as the federal government has vowed to crack down on wage fraud across the $170 billion franchise industry, including 7-Eleven, with new legislation set to be drafted and introduced into Parliament. The Faire Work Ombudsman has made an unrevealed site visit to the store of 7-Elevan to further notice the relevant points regarding the issues (Lessons from 7-Elevens scam, 2016). The inquiry also indicates that due the level of control exerted over the franchisees by 7-Elevan provides a little scope to influence the profitability in the franchise model. Moreover, there is an evidence of acceptance of a going rate for working with the organization 7-Elevan. The rate wage was the below the minimal lawful wage. Thus, the organization has to deal with some particular issues and this was considered as the major challenge for the organization. The workers at 7-Elevan have publicly stated that there was culture of acceptance; this indicates that working at 7-Elevan, the workers have to receive the lower payment and accept the conditions that is lawful. The set of conditions helps to learn that employees were put under the circumstance that if they continue working at 7-Elevan that they hav e to comply with the conditions developed by the organization considering the laws. There have been certain failures and the gaps existed in the industrial relationship that enables the organization to make people work at the low rate. Firstly, 7-Elevan followed the regulations mentioned in the laws although the employees do not accept those. However, the intensive investigation helps to know that most of the employees have changed their responses. The inquiry lacks the cooperation of the employees. Most of the workers did not take part in the investigation. Some of the employees have claimed that 7-Elevan was highly aware of the high non-compliance across its network. However, no employee has been able to provide appropriate evidences to support the claim. Secondly, the organizations have to maintain the rules and regulations of their corporation with the law regarding the industrial relations system in the country, which was not followed by the company as well. In this case, the company has formed their rules and regulations to dominate the employees in the compan y. They have implemented the rules that the workers cannot protest the wage deduction while they have signed the contract on other rules. However, the law of the country has strictly mentioned that the organisation a have tp implement the rules and regulations for their company matching with the laws and regulations announced in the Act. According to the system of Australian National Workplace Relations System, the workers have the protection of a set of rules and regulations that the organisations have to follow. Therefore, the company in this case has breached the Fair Work Act 2009, which is covering the majority section of the private companies in Australia. Thirdly, the government has enforced the commissions for helping the workers in the time when they face any problems in the organisation regarding wages, employee rights, or any safety related issues. The commission are there to solve their problems with providing the required security and safety according to the laws of the country. However, the company has not followed the rules and regulations of the commissions too in this case. Therefore, it was also an issue for them that the company has to face the fraud case of court. Moreover, lastly, it can be said that the company has faced the legal issues that the companies have to maintain the values of monies h eld by the commonwealth for the unpaid workers. Apart from all of these breaches of the rules and regulations of the relations of the industrial rules and regulations of the country it cannot be supported that the company was continuously depriving their workers and the workers was not able to say anything against them. These are the main issues that has found in the study, which have to be required change in a hurry manner. The company can be recommended in the ways that it should have develop the knowledge about the countrys laws and regulation and then have to maintain an d follow it. However, in this company the workers have to be paid in the way they have signed the contract. However, 7 Eleven have to implement the ideas in their company not to deprive their employees in any cost. As the country law is supporting the workers therefore, they have to back the amount of money that they have taken from the other people. The law of the country in 2009 has explained this problem as a big issue to resolve and provide safeguard to the workers. Therefore, the company should have to follow the rules and laws of the country to avoid these kinds of legal problems. The government has taken the responsibility to resolve this problem and they have implemented the law and rule under the National Workplace Relations System. It was said that if the workers are deprived by any company, then they have to bear the compe nsation to give justice to the workers. According to the Fair Act 2009 the employees have the power to protest against the company that has broken the rules of the country. Therefore, the company has to know the legal rules and regulations first not to misbehave with the workers as well as to implement proper rules within the organization. There was another issue that was revealed in the investigation about the company. It was like that the company was threatening their employees not to reveal the reality before anyone and also has threatened them about any protest. The workers were told by the company authorities that if they protest against the rules of the company, then they will be sacked from their posts and job. Therefore, the threat of losing the job has enforced them to be silent in this case. This has led the situation towards a very bad condition that was revealed by this inquiry. Apart from this, the inquiry has revealed that the franchises like 7 Eleven were exploiting the workers since long time and the government could not able to find out this issue. The franchises were showing the wages in the documents that they were paying their employ ees the wages they have promised at the time of contract. However, they were giving them the half amount of money and the employees were impelled to pay back the half money to the franchises. Therefore, the franchises should have to more concern about the terms and conditions of the law enforced in the country that they can continue their business without any hindrance. The company has exposed twelve months ago about this fraud case of wages of their workers, still they had not taken any positive step to avoid the legal punishment. They should have to aware of this issue before to avoid this situation, which had spoiled their reputation of the business before consumers and stakeholders. Conclusion The purpose of the study is to find out the exact reason for the scandal regarding the wages of the workers in the 7 Eleven company that was revealed in April by the Fair Work Ombudsman, who has found the misconduct between the papers submitted about the wages and actual amount of wages given to them. Therefore, the study has analyzed the actual issue, which has led the company towards this scandal. The laws and regulations of the country have explained in this context to analyze the flaws of the company done in this case and then in order to solve these problems some recommendations has done also or the company. Therefore, the 7 Eleven wages scandal has made the people aware about this kind of situation and the recommendations given in the last part has enabled them to understand the laws and regulations of the country regarding the industry relations to safeguard their professional and personal life. References 7-Eleven cash-back scheme 'still alive and kicking', union claims. (2016).ABC News. Retrieved 10 September 2016, from https://www.abc.net.au/news/2016-05-16/7-eleven-hunter-cash-back-scheme-still-alive-union-says/7415940 Lessons from 7-Elevens scam. (2016).Overland literary journal. Retrieved 10 September 2016, from https://overland.org.au/2015/10/lessons-from-7-elevens-scam/ Welcome to the Fair Work Ombudsman website. (2016).Fair Work Ombudsman. Retrieved 10 September 2016, from https://www.fairwork.gov.au/about-us/news-and-media-releases/2016-media-releases/april-2016/20160409-7-eleven-presser.