Archive for category: Business paper

The Koss Corporation Corporate Governance, Internal Controls, and Ethics: What Went Wrong? Please answer the following questions in a 2-3 page single-spaced paper. Please structure your paper by question (include the question number and subject) and answer each sub-question. Include a cover page and a separate page for references. If you include any tables, add a brief description so it’s clear what the table represents. Write the responses in your own words. Incorporate additional resources to support your responses. Cite and list all references used per APA. 1. Review the fraudulent activities. a. What went wrong? b. Describe what internal controls were missing or circumvented? c. Consider the Sarbanes-Oxley Act of 2002 (SOX) requirements, and review the definition of internal controls. Who is responsible for internal controls? What reporting is required? 2. What were the problems in the corporate governance and/or organization structure? What are the major requirements of SOX with respect to corporate governance and/or organization structure? How would corporate management and the accounting function be better organized? 3. What should Julie Mulvaney have done when Sue Sachdeva requested her to assist in the fraud? What would the IMA® Code of Ethics, known as the IMA Statement of Ethical Professional Practice, dictate? 4. What were the responsibilities of the following entities or individuals for the fraudulent activities? What are the possible consequences for each entity or individual? a. American Express b. Park Bank c. Sue Sachdeva d. Michael Koss e. Julie Mulvaney (see the attached template to use as a guide for question 4) As you review and prepare your responses, focus primarily on the IT aspects (e.g., IT auditing, IT internal controls, etc.). Koss Case Question 4 Template.docx

Description “Identifying Super Market Strategies” During this unit, we have established an understanding of how business strategy drives technology decisions. One such example is the supermarket, casually known as the “grocery store”. Supermarkets are all around us and critical to our ability to feed our families and ourselves. If we are good at planning, we may visit the store on a weekly or bi-weekly basis to get what is needed; if we are poor planners, we may find we have daily visits. In most cities, these grocery stores are affiliated with large chain stores, such as Kroger. In some rural markets, there are still a few small, independent stores surviving. In almost all cases, these stores are beginning to increase their use of information technology. For this assignment, focus on the strategies that drive supermarkets and the role information technology potentially plays in those strategies. Focus on supermarkets and exclude retailers that sell groceries, such as Target and Walmart. Their strategy is broader than that of an independent or large chain grocery store. Visit a local grocery store, observe, and note all of the activities within the store where information technology is being used. Also, observe and note activities that would benefit from the use of information technology. Once you have noted your observations, research the store to identify the business strategies it has in place. Highlight any of the strategies that support your observations. You can use business journals, company web sites, and other publically available material such as annual reports. Your research can also include talking with senior management at the store, although some may be reluctant to share key information. OBSERVATIONS NOTED FROM FROM VISITING PUBLIX: – Publix does not use self-checkout and the company believes it’s countercultural. They believe the staff should do everything for the customer – Publix does have an app with digital coupons that can be used at check out – Publix does have apple pay – Publix app does offer delivery or in-store pickup This Publix is located in Florida Once you have completed your research, write a 1000-word paper that highlights the company, providing information about its business strategy and its use of information technology. Be sure to incorporate your observations and whether the use of information technology by the store is a component of the company’s strategy. Your paper should: Be written in an objective and substantive manner, explaining the information you have discovered. Draw upon and cite course materials and at least 2 professional journal articles written in the last 5 years to support your assessment. Be a minimum of 1000 words with the title page and reference pages excluded from the word count. Use APA format, but should not include an abstract.

The essay should have a clear structure which includes: 1. An introduction that: a. Includes a few general statements supported by the mandatory readings (in-text citations) about the topic to clarify your interpretation of the question; b. Includes a thesis statement that presents your position on the topic; and c. Outlines the main points that support your position. 2. A body that: a. Includes a series of logically developed arguments that support your position and b. Ensures that each argument and/or sub-argument is supported by the mandatory readings (in-text citations and examples from the readings). 3. A conclusion that: a. Summarises the main points discussed in the body of the essay; b. Restates the thesis statement; and c. Includes a final comment that does not introduce any new ideas. 4. Cohesive text that aids with the logical flow of the arguments presented. 5. A reference list which is in alphabetical order by authors last name and includes only the resources that are used in the body of the text (i.e. in-text citations) Note: This assessment will evaluate what students have learnt from ULO 1,2 and 4. You must use all of the mandatory readings listed above in your essay.

Introduction

 

This unit will increase your understanding of how law is applied to a business. You will gain knowledge on business law and examine the impact of the law on business operations and decision-making. Looking at the impact of the law on normal business operations when registering a company and inviting shareholders investments. You will look at several business problems that relate to company law, employment law, consumer protection and competition law and identify a legal solutions and alternative legal advice.

 

Assignment Submission Format

 

Submission will be an induction booklet and information document, which covers all of the unit learning outcomes for the unit. The report should be presented in Arial or Times New Roman in font size 12 with single spacing.

The use of simple Harvard referencing system should be used throughout your

assignment and a bibliography submitted at the end of your assignment.

The recommended word limit is given with the assignment brief, although you will not be penalised for exceeding the total word limit. The final version of your assignment must contain the assignment front sheet.

 

Learning Outcomes (LO)

·        
LO1 Explain the nature of the legal system

·        
LO2 Illustrate the potential impact of the law on a business

·        
LO3 Examine the formation of different types of business organisations

·        
LO4 Recommend appropriate legal solutions to resolve areas of dispute

 

Section 1 Learning Outcome 1, 2 & 3

 

Assignment Brief

 

Scenario

You are employed in a Legal Practice that specialises in Business Law and have

been asked to produce an induction information booklet for new employees.

 

Assignment Guidance –Induction Information Booklet (Part 1)

 

The induction information booklet should include an introduction to the business sector (Legal Practice). The first part of the induction information booklet should contain information to explain the legal and justice system and the role of the Government. In addition the booklet should explain key legislation in business.

 

The booklet should include the following information for example:

· Statutory and common law

· Company law and contract law

· Employment law

 

Assignment Guidance –Induction Information Booklet (part 2)

 

The second part of the induction information booklet should contain information that examines the formation of different types of business organisations. The booklet should also examine different types of business organisations and legal structures and how these are formed, managed and funded.

 

The booklet should include the following information for example:

· Legal structures of business organisations

· Different types of business organisations and legal structures

· Business Law application in forming different types of organisations

· The management and funding of business organisations

Word Count: 3,000 – 3,500

 

The booklet should be written in a concise, formal, business style with the use of headings, paragraphs and subsections. The induction information booklet should contain information and detail to cover the assessment criteria and the essential content for this unit. In addition students should note the command verbs for the assessment criteria. A list to explain the command verbs can be found in the student study guide.

 

Learning Outcomes 1, 2 & 3 and Assessment Criteria

 

LO1 Explain the nature of the legal system

·        
P1 Explain different sources of law

·        
P2 Explain the role of government in law making and how statutory and common law is applied in the justice courts

·        
M1 Evaluate the effectiveness of the legal system in terms of recent reforms and developments

LO2 Illustrate the potential impact of the law on a business

·        
P3 Using specific examples illustrate how company, employment and contract law has a potential impact upon business

·        
M2 Differentiate and analyse the potential impacts of regulations, legislation and standards

·        
D1 Provide a coherent and critical evaluation of the legal system and law, with evidence drawn from a range of different relevant examples to support judgements.

LO3 Examine the formation of different types of business organisations

·        
P4 Explore how different types of business organisations are legally formed.

·        
P5 Explain how business organisations are managed and funded.

·        
M3 Assess the advantages and disadvantages of the formation of different types of business organisations.

·        
D2 Critically review and evaluate types of business organisations.

 

Section 2 – Learning Outcome 4

 

LO4 Recommend appropriate legal solutions to resolve areas of dispute

 

Assignment Guidance –Information Document

 

Below are examples of business disputes that require appropriate legal solutions. You are required to cite Case Law throughout, and related legislation. The information document should include an introduction to the business sector. The content of the document should include information for the business disputes presented below and provide the appropriate legal advice and legal solutions. You should also consider alternative dispute resolutions in your response.

 

Business Dispute 1 – Employment Law – Equal Pay

 

You have been approached by a restaurant business who is concerned that the kitchen employees and cleaning employees may submit an equal pay claim as they are on different pay grades. You have been asked to provide for legal advice and guidance on this.

 

Prepare a document that outlines the key Case Law and related legislation for equality of pay claims.

 

Word Count Guideline: 750 – 1,000 words

 

The booklet should be written in a concise, formal, business style with the use of headings, paragraphs and subsections. The induction information booklet should contain information and detail to cover the assessment criteria and the essential content for this unit. In addition students should note the command verbs for the assessment criteria. A list to explain the command verbs can be found in the student study guide.

 

 

Business Dispute 2 – Employment Law – Dismissal

You are employed in a legal practice and have been asked to provide advice to a large manufacturing business who is concerned that an employee may take them to an industrial tribunal if they dismiss this person.

 

Prepare a document that outlines the key Case Law and related legislation for wrongful and unfair dismissal claims. You should consider alternative dispute solutions for example mediation services.

 

Word Count Guideline: 750 – 1,000 words.

 

Business Dispute 3 – Breach of Contract

 

You have been asked to represent an organisation that builds log cabins for a commercial holiday park. The organisation placed an order in two parts for wood to build the log cabins and paid in advance for the wood. The first part of the order arrived but the quality of the wood was poor and they contacted the supplier to complain. Following this complaint the second order did not arrive.

 

Prepare a document that outlines the key Case Law and related legislation for breach of contract.

 

Word Count Guideline: 750 – 1,000 words.

 

Business Dispute 4 – Consumer Protection

 

You have been asked by your manager to prepare a written document of the legal rights that relate to the sale and supplies of goods and services to advise clients for the following business.

 

A small shop which trades as local estate agents has purchased and paid in advance for furniture to refit the offices. The refurbishment includes new carpet, new desks, computers and bookcases. These items were purchased from a local supplier who on the day of delivery has a fire at the warehouse and they are not able to fulfil the order.

 

The document should identify the legal rights of the clients in relation to the sale and supply of goods and services.

 

The document should include the following:

a) The legal rules on the implied sale of good and the supply of service

b) The statutory provision on the transfer of property and possession

c) The statutory provision for the buyers and sellers

 

Word Count Guideline: 1,000 – 1,500 words.

 

Business Dispute 5 – Commercial Property

 

A local clothes shop has contacted the legal practice you work for and has asked for legal advice on a commercial lease. The clothes shop has a 2 year lease on a property and wishes to move to a better location but they have 1 year left on the lease. They have also been having problems with the heating of the property which has not been working for several months. They have reported this to the owners but have had a poor response and the heating issue has not been resolved.

 

Prepare a document that outlines the key Case Law and related legislation for commercial lease transactions. You should consider alternative dispute solutions for example Alternative Dispute Resolution Services.

 

Word Count Guideline: 1,000 – 1,500 words

 

The written documents should be written in a concise, formal, business style with the use of headings, paragraphs and subsections.

 

The written documents should contain information and detail to cover the assessment criteria and the essential content for this unit. In addition students should note the command verbs for the assessment criteria. A list to explain the command verbs can be found in the student study guide.

 

Learning Outcomes 4 and Assessment Criteria

 

LO4 Recommend appropriate legal solutions to resolve areas of dispute.

·        
P6 Recommend legal solutions for resolving a range of disputes using examples to demonstrate how a party might obtain legal advice and support.

·        
M4 Compare and contrast different sources of legal advice and support for dispute resolution.

·        
D3 Evaluate the effectiveness of legal solutions, legal advice and support for dispute resolution.

 

When writing the report, please always label which part of the Learning Outcome / Assessment Criteria (Pass/Merit/Distinction) as a heading/sub-heading.

 

 

 

 

Click here to request for this assignment help