Thursday, May 21, 2020

Conflict Management - 2100 Words

ORGANIZATIONAL CONFLICT MANAGEMENT 1. ABSTRACT Organizational conflict is a state of discord caused by the actual or perceived opposition of needs, values and interests between people working together. Conflict takes many forms in organizations; there is the inevitable clash between formal authority and power and those individuals and groups affected. There are disputes over how revenues should be divided, how the work should be done and how long and hard people should work. There are jurisdictional disagreements among individuals, departments, and between unions and management. Various issues relating to organizational conflict, techniques, systems and practices for conflict resolution will also be discussed in this paper. Keywords:†¦show more content†¦Characteristic differences – culture, race, values, gender, personal preferences, age, perception, social status, etc. 5. REASONS FOR ORGANIZATIONAL CONFLICT The people are aware of the factors that generate organizational conflicts such as scarcity, obstruction and incompatible interests or goals. Resource scarcity, monetary, job, prestige or power, encourages the obstruction of behaviour and organizational conflict arises. Organizational Conflict can also be broken out when one party avoids the goal achievement of the other one. Reiterating these ideas, declares that organizational conflict is clearly associated with power and can emerge when goal achievement of an organization is avoided. The reasons that justify conflict in organizations: 1. As departments grow, people lose contact with other departments, or yet, members of a department start to think differently from other areas. 2. The increase of emphasis in the financial measures as a tool for motivation for managers and the establishment of different profit centres inside an integrated business system end up creating many conflicts. 3. The increasing rise of emphasis in functional specialization, politics of promotion and recruiting reinforce the isolation of departments, generating conflicts. 4. Today there is more room for workers to show criticism among each other, while this freedom of speech can be beneficial for society as a whole, in organizational context can be transformed intoShow MoreRelatedConflict Management1178 Words   |  5 PagesConflict is a fact of life - for individuals, organizations, and societies. The costs of conflict are well-documented - high turnover, grievances and lawsuits, absentee ism, divorce, dysfunctional families, prejudice, fear. What many people dont realize is that well-managed conflict can actually be a force for positive change. Conflict is â€Å"an expressed struggle between at least two interdependent parties who perceive incompatible goals, scarce resources, and interference from others in achievingRead MoreConflict Between Conflict And Conflict Management845 Words   |  4 Pagesâ€Å"People are afraid of conflict because they do not have essential skills to manage it well.† This is true because according to O’Grady and Malloch (2016), conflict is reflection of an insufficient knowledge of the dynamics of conflict and a lack of capability in its management. In the case of Nancy, perhaps she needs to undergo specialty training or classes about conflict management in order to improve their unit’s dynamic or interaction. 2. â€Å"If you engage with conflict too early, there is a chanceRead MoreThe Conflict And Conflict Management Strategies908 Words   |  4 PagesRobbins and Judge define conflict as a process that begins when one party perceives another party has or is about to negatively affect something that is cared about. There is a variety of conflicts that individuals will encounter within their lives. Knowing and understating the conflict cycle and understanding conflict management strategies will help individuals solve conflict in a reasonable manner (Robbins Judge, 2014). Discussing Contentious Issues/ Bringing Conflict into the Open When managersRead MoreConflict Of Conflict Management Styles1690 Words   |  7 Pages Many people do their best to avoid conflict at all costs, but it is an occurrence that everyone must deal with from time to time. Understandable, the avoidance of conflict is glamorous, however learning how to handle the conflicts can make them seem less bothersome. Learning how to manage conflict is a key factor in becoming a manager and the execution of that learning can be very different from manager to manager. Shanker (2013) describes conflict management styles as an equation involving theRead MoreConflict Management1469 Words   |  6 PagesConflict Management Conflict Management Yamil Little Strayer University BUS520 Dr. Anthony Hughes 02/27/11 Conflict Management Introduction In today’s ever-changing business environment organizations encounter varying levels of intrapersonal, interpersonal, intragroup, and intergroup conflicts. Intrapersonal conflict is a battle within oneself, which usually involves a life goal and/or change. Interpersonal conflict is when two or more people have opposing perspectivesRead MoreConflict Between Conflict And Conflict Management1772 Words   |  8 Pagesopinion there will also be a chance for some form of conflict to arise. To resolve and manage conflict, any organization or persons’ must try to understand the causes, theories, approaches and strategies of conflict management. Resolving conflict requires a great deal of attention and thorough understanding in seeking resolution. In this review, conflict management will be explored in general from different perspectives in light of how conflict effects teams or groups, workplace relationships andRead MoreConflict Between Conflict And Conflict Managemen t1313 Words   |  6 PagesConflict and conflict management both play pivotal roles in all relationships, whether they are between friends, family, lovers, or coworkers. However, while most relationships have an abundance of conflict, the amount of properly implemented conflict management in all relationships is relatively low. This is especially surprising when you consider the sheer amount of research and counseling directed at managing conflict in constructive ways. Though the aforementioned services and research are ofRead MoreConflict Management5778 Words   |  24 PagesUnderstanding Conflict and Conflict Management http://www.foundationcoalition.org/teams Definition A team is a small group of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable.1 Although student teams may not satisfy all the requirements of the definition, the degree to which they do often determines their effectiveness. Rationale Students do not come to school with all the social skillsRead MoreConflict Between Conflict Management And Resolution883 Words   |  4 Pagesnegative association with conflict. Reflects poorly on the supervisor when there is conflict but in reality it’s only negative when the supervisor or employee, depending on the situation does not address the conflict. Unresolved conflicts can negatively impact not only the employees involved but also the company. Unresolved conflicts result in negative impacts not only to the individual but also the company. Focus on the problem, not the person. Sometimes the conflict will be reoccurring or unresolvableRead MoreConflict Management Styles1081 Words   |  5 PagesConflict Management Styles Myron Harris 09/30/2012 CJA/444 Allen Cole Conflict Management Styles Conflict usually occurs when individuals within a group or organization has differences in opinions. When individuals are in a disagreement about something like policies and procedures or even the overall direction of which an organization or company is heading it can become very frustrating. As we all know conflict the process of conflict usually begins when an individual or party has perceived

Wednesday, May 6, 2020

Ethics And Prevention Of Financial Fraud - 1988 Words

The Defining Ethics and Prevention of Financial Fraud in the Work Place Ta’Nishia Johnson Savannah State University Abstract This research primarily focuses on ways of preventing financial fraud in the work place as well as defining the proper ethics to follow. It elaborates on the ways to deter fraud and what ethics should be taught during training for the job given to an employee. In order to understand the best way to stop people from committing fraud, we must learn what stipulations are already set in place for the crime. Company guidelines for fraud detection and prevention should be set in place in order avert fraud. To better understand why people commit fraud, the study for this research will pay close attention on ethical associations and ethics that are taking place in the workplace. Ethics plays a major role in the business workplace by providing guidelines and contouring people’s behaviors while working. This research paper will disclose the following questions: What procedures are already in place to deal with fraud? How can fraud be prevented? Can new measures and guidelines be set in place to better detect fraud? How to detect fraud in time to prevent major damage? Keywords: financial fraud, workplace ethics, detection, prevention, implementation Defining Ethics and Prevention of Financial Fraud in the Work Place Multiple studies have been conducted on the topics dealing with financial fraud. The same can be said about business ethics andShow MoreRelatedFraud, Corruption, Theft, Misappropriation, And Fraud1738 Words   |  7 PagesThere is no specific definition for fraud if looked at from different perspectives. The term fraud is used to describe acts such as deception, corruption, theft, misappropriation, false presentation, bribery, fault partnership, forgery etc. Some may even describe fraud as practical process of deception to gain an advantage, or to cause loss to another entity or individual. While some people might not even anticipate to commit fraud, others might do so if they contemplate they have a way to be covertRead MoreFraud Deterrence, Detection And Prevention796 Words   |  4 PagesFraud Deterrence, Detection and Prevention Within XYZ Company in the past year, three fraud incidents have occurred that have resulted in a cumulative loss of $5.9 million with additional losses yet to be determined. The fraud occurred with inventory, purchasing and receivables. The Board of Directors has directed management to outline a comprehensive plan to prevent future fraud. Preventing fraud is the responsibility of top management, middle management, the internal audit team, corporate securityRead MoreFinancial Fraud, And Identification Of The Different Fraud Types1734 Words   |  7 Pagesvarious types of fraud, in order to aid understanding in regards to the prevention of fraudulent activity. This paper begins with a review of the definition of financial fraud, and identification of the different fraud types. Further, included is an examination of what motivates individuals to commit fraud, including an identification of some of the method in which people commit fraud. A discussion of the importance of the fra ud triangle, and how rationalization contributes to fraud is a key areaRead MoreAnalyzing How Businesses Cook The Books With Reference For Real World Cases1237 Words   |  5 Pagespunishments which are associated with financial crimes. One such crime is the manipulation and misrepresentation of financial statements of a business, to hide expenses, improve earnings per share (EPS) or to attract new investors. This is known as financial statement fraud or colloquially labelled â€Å"cooking the books†. (Grossman St Amour, 2014) These crimes can have a significant impact on the business, as their stock could be driven into the ground if a fraud is discovered, as well as falling deeperRead MoreA History Of Earnings Management1624 Words   |  7 PagesA History of Earnings Management, Financial Scandals, and the Resulting Legislations At the turn of the 21st century, America found itself wrought with multiple financial scandals. The poor decisions of just a few executives resulted in thousands of people out of a job, pension funds wiped away, and houses going back to the bank. While earnings management was certainly not a new concept nor was the resulting fraud, the high number of scandals within a short period of time brought it front and centerRead MoreCommon Accounting Malpractices in the Philippines700 Words   |  3 PagesMalpractices in the Philippines Going back to the definition of accounting, it states that it is a system where in it records financial transactions pertaining to a business. Accounting also measures the ability of a business, it process information’s to be reported to the management whos making decisions. Accounting is very complicated especially when it comes doing the financial statements. Yes, professionals have enough knowledge regarding accounting but there are times that they still make mistakesRead MoreLost insurance benefits as well as retirement benefits tied to WorldCom stock. Shareholders, which1200 Words   |  5 Pagespretenses. WorldCom was fraudulently stating its financials and its competition could not possibly be aware of WorldCom’s true expenses. As a result, competing companies were forced to make decisions to keep in line with WorldCom’s reported growth. ATT fired tens of thousands of employees, who otherwise may have never been fired, in an attempt to match WorldComâ⠂¬â„¢s low costs. Although it was not WorldCom’s fault, Qwest committed accounting fraud and Global Crossing declared bankruptcy while alsoRead MoreResearching Topics Of Interest Is A Key Starting Point For The Research Effort1538 Words   |  7 Pagesproblem, and meet the purpose of the research (Leedy Ormrod, 2013). The following sections include the formulation of potential topic areas of interest for my doctoral level research. Earnings Management: An Examination of Ethical Implications, Fraud, and the Related Impacts to Stakeholder Interests The first topic area involves an observation of how managers and accountants currently utilize loopholes in FASB accounting standards to present better earnings results to investors, creditors, andRead MoreFraud Case Study1516 Words   |  7 PagesFreddie Mac Fraud Thanaphan Darnsomboon PME604 Project Financial Management National University December 18, 2012 Freddie Mac Fraud The definition of fraud is â€Å"an intentional deception or deceit, perpetrated for profit or to gain some unfair or dishonest advantage† (dictionary.com). Fraud is a breach of law and can be punishable by law. Mortgage fraud is one of the financial crimes where a company materially misrepresents or omits information on its mortgage loan documentation in order toRead MoreAccounting Department Of The American Food Suppliers1599 Words   |  7 PagesLessons learnt with regards to over reliance on third party confirmations Confirmation is the process of obtaining and evaluating a direct communication from a third party in response to a request for informationabout a particular item affecting financial statement assertions. In the American food suppliers’ case study, third party confirmation was used where they relied on the vendors’ sales people. The audit team investigating the company did not rely on the accounting department of the American

Corprate strategy Free Essays

We will soon enter a phase of strong competition in fixed services and we expect similar benefits to flow as result,† said Mohammad AY Change, Director General of the TRAP. Matthew Reed, an analyst at Informal Telecoms and Media, welcomed the decision. â€Å"It means that we finally have competition in the fixed broadband market in the I-JAW for the first time,† he said. We will write a custom essay sample on Corprate strategy or any similar topic only for you Order Now But he believes that prices are unlikely to fall for consumers in the short term. â€Å"l think they will avoid a price war. They will probably try to compete on packages, higher internet speeds at the same price,† he said. â€Å"As a consumer, overall you should have more competition, which means there will be better opportunities available. † Meanwhile, the leaders of both distillates and du welcomed the move. â€Å"Distillates has always believed that competition is a win-win situation for all as it energies operators to excel and stimulates telecommunications advancement in the country†¦ We are fully prepared for a more competitive landscape in the AJAX,† Eased AY Hamlin, CEO of distillates, said. Ottoman Sultan, CEO of du, added: â€Å"We are equally pleased about the opportunity to provide consumers and businesses across the AAU a choice in their selection of a fixed line services provider. † – Gulf News y Facts Mission Statement: Our guiding mission is to deliver superior quality products and services for our customers and communities through leadership, innovation and partnerships. Our Vision: Our vision is to be the quality leader in everything we do. History: The TLD Group Corp†¦ Is the licensing company for Tim Horton franchises presently operating in Canada and the United States. The Tim Horton chain of restaurants began in 1964. Ron Joyce was originally the franchisee of Store #1, located in Hamilton, Ontario, Canada. By 1967, he and Tim Horton became full partners in the many and after Time’s tragic death in a car accident in February of 1974, Ron Joyce became the sole owner. Distribution: Five warehouse distribution centers, located in Gullah, Ontario; Calgary, Alberta; Debit (Tour), Nova Scotia; Kingston, Ontario; and Lauderdale (Langley), British Columbia presently service the Tim Horton stores across Canada and the U. S. A fleet of decorated trucks deliver food and supplies from our distribution centers to the stores. How to cite Corprate strategy, Papers