CEO of company Westpac has created a new way to take on the technology revolution that could leave many people without jobs. Over the course of two years‚ Westpac has had to let a little over 1000 people go. Despite this large drop in employees‚ CEO‚ Brian Hartzer‚ believes that the idea of robots taking over human jobs is“overdone”. He believes that technology will alter what jobs become available but‚ that they won’t ever completely take over the need for humans to work. For instance‚ robots will
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Ethical investment report on Westpac Group Report written by Ta Nhat Linh (Danielle) Student’s number: 21833 Course: BAE – Class: 5 Teacher’s name: Mary Cayley‚ Paul Roxanas Table of contents Executive summary…………………………………………………………………..3 Introduction……………………………………………………………………………5 Background information on ethical investments………………………….........5 1.1. What investors consider when investing ethically?..............................5 1.2. Whether socially responsible investments
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3. Difference between Unethical and Unlawful Behaviour in the Business Context By definition‚ ethics refers to “a set of principles of right conduct.” It is also defined as “the rules or standards governing the conduct of a person or the members of a profession‚” (www.thefreedictionary.com) and in business may be considered the standards governing the conduct of people in the business environment. Business ethics is the behavior that a business adheres to in its daily dealings with the world.
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Unethical Research Arnuang Bullie RES/351 Jeff Duncan November 9‚ 2012 In this paper I will try and discuss the unethical business research conduct that has resulted in individuals or a firm being convicted‚ or at least tried for‚ this conduct. Some questions will be what were the inappropriate questions‚ what were the research results‚ and who was involved in the maintaining of the participants’ confidential information‚ and were there any acts involving the use of participant information
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Investment report of Westpac Banking Corp. & Commonwealth Bank of Australia Table of Contents Executive Summary………………………………………………….……………...1 Introduction…………………………………………………………………………...2 Overview of the Current Financial Market……………………………………......2 Ratio Analysis………………………………………………………………………. 3 Return Measurement: Percentage Return……………………………...……...3 Risk Measurement: Reward-to-Risk…………………………………..……..…4 Market Value Measurement: P/EPS………………………………...…...……..5 Profitability
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WBC/NAB Comparison WBC has a higher Average ROE of 17.93% compared to NAB’s Average ROE of 16.03% during the 5 year duration period from 2003-2007. This is due to WBC’s ROA of 1.09% being higher than NAB’s ROA of 1.05%. While profitability of WBC is higher than NAB’s‚ NAB’s financial leverage was greater than WBC’s thus producing a higher ROE. NAB also has a higher Net Income compared to WBC. WBC has a higher Average Expense Multiplier of 16.42 compared to NAB of 15.31 as WBC has lower operating
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Values are basic convictions about what is right and wrong. Usually values would influence the attitudes and behaviors of business person for their decisions making. Values on the part of business are Operating philosophies or principles that guide an organization’s internal conduct as well as its relationship with the external world. Whereas attitudes are predisposition or a tendency to respond positively or negatively towards a certain idea‚ object‚ person‚ or situation. Attitude influences
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“The Feast of the Black Nazarene” Filipino Catholics are truly aware of the feast of the Black Nazarene‚ and it is really obvious that this is the time that the devotees are waiting for. This has become a part of the lives of many Filipinos‚ specially the Catholic‚ and even the non-Catholic. The procession lasted for almost eighteen hours with nine million devotees are indeed unbelievable. I decided to go to Quiapo not only because we were asked to‚ but also having the questions and curiosity
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UNETHICAL COMPANIES 1) MONSANTO CO. The Missouri based agricultural company has been named world’s most unethical company. The company leads the world’s production of genetically modified foods. Monsanto is infamous for unfairly suing farmers who try to grow foods both ethically and organically. If the lawsuit is not ruled in Monsanto’s favour‚ they still achieve their desired results as the small-scale farms become bankrupt due to legal costs. The company is also the creator of the highly poisonous
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TECHNICAL NOTES Unethical Practices in Nigerian Engineering Industries: Complications for Project Management O. E. Alutu1 and M. L. Udhawuve2 Abstract: The purpose of the paper is to establish the unethical practices in engineering industries and identify the various factors that could encourage unethical practices in the nation’s life with a view to highlighting the findings for corruption-free management of projects. A sample of 226 was randomly selected for the study from a population of 12
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