Communications in Business - Hewlett Packard - Free Essay Example

Sample details Pages: 4 Words: 1175 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Analytical essay Did you like this example? Communications in Business Hewlett Packard Page Our Global Commitment Recommendation 1 Recommendation 2 Challenges A Success Story References Our Global Commitment At HP, we plan to restore growth in the progress towards product innovation and advancing the wellbeing of people, strengthening the environment with a focus to opportunities of leadership and plans to succeed. HPà ¢Ã¢â€š ¬Ã¢â€ž ¢s commitment to the United nations global compact as a active participant began in 2002, committed to growth in population, responding to climate change, managing increased information and the transformation of education across industries from an economic perspective with the introduction of leadership and innovative systems to collaborate with global communities effectively. In order to legitimise the global corporate commitment to the United Nations global compact, as part of a global network in compliance with ethical practices within its shareholder groups to maintain enhanced social and environmental performance in the Information Technology Industry. At Hewlett Packard we recognise the potential for new strategies to compliment the principles of the global compact. This report will outline recommendations that will ensure the compliance of standards in our local network from the global compact principles that will be achievable. Don’t waste time! Our writers will create an original "Communications in Business Hewlett Packard" essay for you Create order Principle 6: Businesses should uphold the elimination of discrimination in respect of employment and occupation. (The Ten Principles/ Principle 6 2014). Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility. (The Ten Principles/ Principle 8 2014). Recommendation 1 Hewlett Packard has implement environment sustainability practices to facilitate projects that will benefit the environment and maintain sustainable living globally. The implementation of these practices would have introduced initiatives aimed to reduce green house gas emissions and carbon footprint on the environment. An Example of this practice is that we have introduced a carbon calculator to measure the impact it has had on the environment and we have developed an SER program to create awareness of the green house gas emissions usage with technology. This tool will assist in monitoring energy consumptions in a real time measuring the energy consumption levels and the need to conserve energy. We have also developed an energy efficient plant that is environmentally friendly .(First)The design of the sustainable building plant is significant in that it uses energy efficient material recyclable material and renewable energy and has proven beneficial to Hewlett Packardà ¢Ã¢â€š ¬Ã¢â €ž ¢s operations in reducing the risk of energy consumption costs globally. We will reduce the carbon footprint with the introduction of collaborative practices in technology and technology usage practice that address environment concerns and to ensure that environmental legislation in will not prevent our company from achieving its impact on sustainable practices. Environmental Initiatives developing products reducing the environmental footprint will include energy of computer and printer recycling waste programs. These environmental initiatives will reinforce the commitment of environmental concerns of CEO, environmental and technological teams and special interest groups. From the lessons learnt through the implementation of sustainable practices the benefit of energy consumption initiative to benefit the environment and global community. Benefits and Impact Society: Transparency in the CSR practices will create compliance with the United nations global compact as an accurate measure of the eff iciness in policies can benchmark CSR practices in protecting the rights and interests and regulations of the privacy policies and frameworks with accredited and sustainable and environmental affiliations by protecting the interest of consumers and investors. Investors: Ethical investments with industry groups can bring benefits to the investment of a positive corporate image by compliance with quality assurance and standards in reporting accountability and addressing environmental concerns regarding green house gas and the protection of data in the privacy policy. Employees: In the employment practices of student employees the creation of dispute resolution imitative and employment policy in CSR reports will provide trust and assurance in the compliance of safety standards met and enhance profitability, furthermore to maintain demographically concerned management of diversity and culturally awareness in the guidelines of employment practices will r ecognise leadership opportunities accountability in the privacy accountability framework in the triple bottom line reporting of the global community. Recommendation 2 Hewlett Packaged is committed to the proving transparent information related to the business labor and human rights practices accounting for its financial activities and corporate social responsibility actions in release of the corporate citizenship report listed on the United Nations global compact. The corporate citizenship report is transparent in the practices it promotes globally and is practiced by companies in many industries. The initiatives and practise implemented to the promote an ethical environmental free from human rights violations and a commitment to the fair dispute resolution policy including a dispute hotline created for student employed at Hewlett Packard. In the absence of labour laws across many regions globally, labour legislations need to align with the global standard of compliance in the fair treatment of employees. We learnt from this practice that this policy has raised legitimacy in using consistent global practises of managing labour concerns. We recog nise that due to limited policies and practices within the Information Technology Industry, from these lessons we have constructed a recommendation for the local network. Benefits and Impact Environment: Environmental emissions are reduce due to energy conservation and lowering the risk of carbon footprint impacting environmental legislation in applying energy efficient facilities and practices of recycling and waste management. Local Community: The board of members need to involve the minority groups of local communities through adult education programs and providing equal employment opportunities of disadvantaged communities and minority groups and employment of woman in association with wellbeing practices and empowerment. Shareholder: In considering environmental implications to protect its reputation HP, must take action to create energy efficient and innovative practices in order to proactively respond to the management of environmental disaster and to protect HPà ¢Ã¢â€š ¬Ã¢â€ž ¢s reputation from legislative and financial implications towards loss of profits and customers. Special Interest Groups: Concerns in employment of woman in with special interest groups actively associated to welfare groups focused on improving the wellbeing of employed minority groups and society will improve the corporate branding recognition of a positive public image. Challenges The recommendations in support of business practices will be challenging in the engagement and collaboration of business and government including social interest groups. CSR Practices can be transparent in presenting its financial and environment data including ethical practices in the corporate citizenship report for consideration across all industries. To effectively implement practices to measure environmental performance legislative requirements must align to the business practices to manage risk to the environment and responsiveness to company human rights breaches. Recommendations which have not been addressed or implemented can lead to negative consequences affecting the global community from take proactive approaches to improving the global environment and sustainable living. A Success Story At HP we are committed our people, environment sustainability and product innovation to advancing wellbeing. We have continued to support and comply with principles of the global compact and adhere to the recommendations to collaborate effectively with the local network and maintaining a relationship of trust in the social contact and our stakeholders. The development of CSR initiatives will benefit and continue to support business networks and the global community. References

Dating Violence Prevention With At Risk Youth - 1857 Words

PS382: Research in Community Psychology Instructor: Kathleen Worton TA: Courtney Arseneau Mini Paper #3 Dating Violence Prevention with At-Risk Youth: A Controlled Outcome Evaluation Wednesday, November 19th, 2014 Amanda Sanichar, 100375850 Wilfrid Laurier University 1. Describe the program. What type of program is it? Who is served by the program? What are its inputs? Many people are involved in relationships in which they experience violence, including, but not limited to: physical, sexual, or emotional abuse and threats. Regrettably, the prevalence of domestic-violence among adults, and the ineffective treatment of adult-offenders in society, may suggest that alternative prevention strategies for relationship-violence are needed across the lifespan (Wolfe et al., 2003). Accordingly, adolescence can be seen as an ideal time during personal development for obtaining the necessary skills and knowledge that can ensure the growth and maturity of nonviolent relationships (Wolfe et al., 2003). The Youth Relationships Project (YRP) evaluated in this study, was a 4-year community-based intervention that aimed to prevent violence in dating-relationships among adolescents by, â€Å"focusing on positive alternatives to aggression-based interpersonal problem-solving and gender-based role expectations (Wolfe et al., 2003).† This program targeted 14-16-year-old adolescents in Southwestern Ontario, who were supported by Child Protective Services (CPS) agencies for reasonsShow MoreRelatedTeen Dating Violence : Teenage Dating1655 Words   |  7 Pages Teen Dating Violence Dawn Brown, Verronica Flowers, Michelle Marcak, Lisa Sprouse Dr. Brinda Mckinney, Instructor Arkansas State University NRS 3333 Women s Health August 12, 2016 â€Æ' Teen Dating Violence In 2013, the National Youth Risk Behavior Survey reported that 21% of female and 10% of male high school students experienced some form of physical and/or sexual dating violence. 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Fasb Topics Research Paper Free Essays

Adjustments to Lower of Cost or Market 330-10-35-1 A departure from the cost basis of pricing the inventory is required when the utility of the goods is no longer as great as their cost. Where there is evidence that the utility of goods, in their disposal in the ordinary course of business, will be less than cost The inventory has a financial importance as it is purchased and recorded at its historical cost or original cost. With respect to a perpetual inventory system, inventory accounts are continually controlled as goods are purchased and placed directly into the inventory account and then later taken out when sold. We will write a custom essay sample on Fasb Topics Research Paper or any similar topic only for you Order Now Therefore the inventory is properly recognized within the period it is sold. Furthermore valuing the inventory with FIFO correctly reports the ending inventory at its market value. When ending inventory is reported at market value, before making proper year adjustments unexpected changes occur in the ordinary course of business causing the market to be lower then the cost basis of the inventory. This departure from the cost basis of pricing the inventory requires the utility of inventory is no longer as great as its original cost. The ASC allows assets to be valued with Lower of Cost or Market when evidence is proving the future utility of the inventory drops below its historical cost. The determination of the businesses cost basis for their current inventory and determination of the market calls for ruling the LCM with the conservatism principal to resolve the issue between these two divergent amounts (original cost of inventory and the market). Justification for applying Lower of Cost Or Market is the recognition of the holding loss resulting from the market being less then the company’s current inventory. Which requires a decision between reporting the inventory at its actual cost or it’s replacement cost. The conservatism principle applies with LCM by reporting the inventory on the balance sheet at replacement cost in the period it occurred also recognizing the loss in the income statement during that same period. Therefore the inventory is reported at its net realizable value on the balance sheet, and the reduction (holding loss) is properly recorded on the income statement. Question 2. Your company has acquired land that is not undergoing activities necessary to get it ready for its intended use. You have been told to capitalize interest costs (the lesser of the actual or avoidable interest costs) associated with the acquisition of the land. Should you capitalize any interest costs? FASB ASC CITATION: Capitalization of Interest 35-20-25-3 The capitalization period shall begin when the following three conditions are present: a. Expenditures for the asset have been made. ? b. Activities that are necessary to get the asset ready for its intended use are in progress. ? c. Interest cost is being incurred. ? Interest capitalization shall continue as long as those three conditions are present. We recognize the general facts stated; the land for the businesses investment is purchased, and with respe ct to the land, activities have not been started yet to prepare it for the intended use deeming it as an asset or investment. In order for the land to be considered expenditure, it would to prove it meets ASC’s three requirements of capitalization of interest. The land generally speaking the land must be capitalized to provide evidence capitalization rates will be applied, which furthermore qualifies the land to have payments of cash, transfer of other assets, or accruing the liability of recognized interest. Only if the activities of the land are in preparation for its intended use then capitalization of interest is added to the construction of the long-term asset. From a current stand point of the land, expenditures for the land have not been made yet, the activity required for its intended use is not undergoing, and therefore interest cost incurred can not be capitalized but rather expensed on the current periods of the income statement. With respect to the facts stated on the lands current progress the interest incurred can not be capitalized. Question 3: You are to allocate an asset retirement cost (initiated by an asset retirement obligation). What guidance is given over the manner in hich the asset retirement cost should be allocated to expense? FASB ASC CITATION: 410-20-35-2 An entity shall subsequently allocate that asset retirement cost to expense using a systematic and rational method over its useful life. Asset retirement obligation requires properly allocating the asset retirement cost over the assets life of the asset. The allocation of asset retirement cost that is initiated by the asset retirement obligation includes items that t hat fall under FASB’s issued Statement of Financial Accounting Concepts also known as SFAC No. 6 â€Å"Elements of Financial Statements. The proper manner of allocating requires the retirement cost to be properly measured, recognized, and recorded when involving elements in the financial statements. The measurement of the asset must be measured properly at its historical cost. During the ordinary process a business has outflows or using up of its assets in which the expenses are then recognized under the SFAC No. 6 as Expense Recognition Principle. During the period the assets are used up from operational procedures (delivery, and production). The expense accounts recognize accumulated depreciated cost of the asset over its useful life until it fully depreciated. The combination of the assets cost minus its accumulated depreciation results the asset to its net realizable value, when fully depreciated the net amount will have a zero value. The retired asset must then be properly reported in the balance sheet. When a company decides to retire an asset it must reflects the cost properly in the financial statements. When circumstance arise and its liability of the retirement obligation incur over more reporting periods, the incurring liabilities must be considered as an additional liability over the original liability of allocating the retirement costs. Thus stated the business must recognize and measured as an additional liability (layer) at its fair value. Furthermore guidance to allocate the retirement cost must be expensed in the required systematic way over its useful life. Applying the allocation method doesn’t enable the business from capitalizing any amounts of retirement costs and allocating the same amount to the expense account in the same period. Question 4: A warehouse located in Central Iowa was destroyed by an earthquake, the first earthquake ever reported in Central Iowa. You are questioned why you reported it as an extraordinary item, net of tax, rather than a â€Å"normal† loss related to the business operations. FASB ASC CITATION: EXTRAODINARY and UNUSAL ITEMS 225-20-45-2 Extraordinary items are events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence. When reporting extraordinary and unusual items in the income statement some requirements must be met upon reporting the items. The extraordinary items are events and transactions that are 1. Unusual in nature meaning that underlying event or transaction has a high degree of abnormality that it is unrelated to and 2. Infrequent in occurrence meaning its underlying event or transitions is not reasonably expected to recur in the future. The ASC requires that both of the criteria stated above must bet met in order to report any items as extraordinary or unusual. Reporting extraordinary items in the income statement will be reported by its gross amount and then at net after deducting the income tax expense or saving associated with the item. With respect to Iowa, reporting the warehouse as an extraordinary item from the result of an infrequent earthquake that was unusual in nature since this was the first occurring earth quake ever reported and infrequent because it is a natural disaster and therefore cannot be considered part of normal business operations. Furthermore deeming the warehouse as an extraordinary item. How to cite Fasb Topics Research Paper, Essays