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Comparison Essay on Fall of the Roman Empire

Near Essay †Step By STEP 1 †Diagnosis †¢ Read the Question and stall down in for what it is asking †¢ In the Margin, dec...

Monday, January 27, 2020

Personality Tests in Recruitment

Personality Tests in Recruitment Personality Test Personality test are frequently used to access the potential of the candidate such as conscientiousness experience optimism, stress tolerance, emotional stabilty, extraversion and proactive. These few personality test are very important and are required needs when they want to be successfull in their performance, when they are having interpersonal interaction in team setting. Pros of personality test There are many diffrent advantages of personality test. The reason why the organization have this test is that they are able to reduce the business cost and also the outcome by identifying the candidate for hireing, promoting and training. This test are conducted by the administrate via paper and pencil or computerized method. The organization are able to carefully select candidate that are pontential in the interpersonal interaction with the team setting, which enable the company to progress in business. Moreover it is one way to cost effective and does not require skill administrator. Cons of personality test Normally personality test question based on behaviour, cognitions and needs, all received only a single score. The scoring system may eliminate the option for alternate interpretation to the answer given. When grouping all the different combination of behaviour and needs, sometime this can lead to misinterpreted. Another problem is self knowledge aspect of the objective exam can be faked. Since not all question and answer given can match the test maker exactly there are not able to elaborate their answer and it can be quite frustrating and inaccurate. In conclusion, one assessment alone can be used, but it is much better to have a complete assessment program, in order to balance out the advantage and disadvantage for each personality assessment type. Biographical data Biographical data is very essential in this era of time and date. Technologies have become an important part of the business, having the knowledge of biographical data such as leadership, knowledge of software, interpersonal skill, tean work skill, knowledge of the job, creativity and many more can help the person to succeed futhur. Biographical data uses question about education, work experience, personality assessments of skill and interest to predit how the candidate can be successful on the job. Pros of biographical data Biographical data is also administrated by paper and pencil or computerized method because it can easily enlarge the numbers, moreover it reduce business cost and does not need administation skill. It is also less likely uses to diffrentiate in results by gender and race. Neverless it produce valid infrences of the organization outcome for example turnover and performance. This is one way identifying individuals for hire, promote, or training who needed skills and abilities. Cons of biographical data. The disadvantage of biographical data is that the candidate will try to project more positive decision outcome to impress the organisation thus this will be more difficult to understand how they actually are , for example it will be difficult to diffrentiate between the positively manage impression to the fake response. This interview conducted does not necessarly provide enough information for development feed back. For example one is enable to change the past and last not least it is time consuming to develop. Work sample Test Work sample test is the the future behavior observed under similar situations. There are three tests which are required to perform on the job. Pros of work samples The advantages of work samples, it has high reliability and it has high content of validity because it is a sample of the actual work to perform that particular job. Besides that, work samples has low adverse of impact because these test is viewed favorable by examinees than aptitude or personality tests. The most interesting part in these work sample test is if the applicants wants to fake job proficiency to increase the test score and performance on job, it is difficult. These tests uses equipment which is the same or to the original equipment used for the job. Cons of work samples It is costly to administer often only can be administered to one applicant at a time. Although the task and duties can be completed in a short period of time, however the test have less ability to predict performance on the job, when it can take day or week to complete. It will be difficult to measure the aptitude of an applicant, because it is unable to see whether the applicant is able to handle more difficult task when they are encountered with. Integrity test Integrity test is used to identify candidates who like to involes in antisocial at work, dishonesty and engage inappropriate behaviour. It is important for the organization to assess the attitude and experience such as candidates honesty, turstworthiness, dependability, reliability and prosocial behaviour. This is usally conducted with direct question regarding previous experiences such as ethnic and integrity also regarding preferences and interest about inferences of future behaviour. Pros of integrity test Integrity test is to make the candidates to understand the important of the coperate value. This test are also done via paper and pencil or computerize method, which is easily to large number. The test produce valid inference of organization of outcome, such as inventory shrinkage, difficulties in dealing with supervision, performance and others. Beside that it is not required any administration skill and it is cost effective. Futhurmore it does not relate in result to by gender and race than other types of test. This test also reduce the business cost by identifying individuals who like to absent or engage in other counter productive behavior. Cons of integrity test The disadvantage of integrity test is the candidate will try to project more positive decision outcome to impress the organization. In some cases the candidates may have difficulty or disliking to questions which are unrelated or intrusive to the job. This can be slightly difficult for the organization to diffrentiate from fake to actual response. Cognitive abilities test Cognitive abilities test is used to see onces abilities by using diffrent question or problems such as the abilities of reading, logic, reasoning and comprehensive mental abilities which leads to success in many diffrence kind of jobs. Pros in cognitive abilities test. By using this method the outcome of success of performance has increace and it is use by many organization. This is use especially for more specialized jobs. There are many various way to adminster these test for example by paper and pencil or computerized method. Most of the company use this method because it is cost effective and does not require skill administration. By using cognitive abilities test the company are able to reduce business cost as there are not easily influents by the test taker to impress the manager on fake responce. When ever a company wishes to promote, hire or train a person there are able to make a decision according to their skill and abilities. Cons in cognitive abilities test. Cons for cognitive test are that there will always be different answer or result by various person or race. As such it is always time consuming in picking out the right candidates for the job. The organization will have to carefully verify all the result and choose according to specific job, that they wish to assign the person before making the final and right decision.

Sunday, January 19, 2020

Organizational Behavior Model of Grameenphone

Introduction Organizations are collections of interacting and inter related human and non-human resources working toward a common goal or set of goals within the framework of structured relationships. It is a great opportunity to study about the leading mobile operator company, GrameenPhone and their organizational behavior model which is concerned with all aspects of how the company influences the behavior of individuals and how individuals in turn influence the company. * Origin of the ReportThe BBA program under the department of Business Studies offers a course named â€Å"Organizational Behavior† (MGT 251) which requires every group to submit a report on a general management related topic determined by the course instructor. The report under the headline â€Å"Organizational Behavior Model† has been prepared to serve that purpose. * Objectives of the Study Several objectives to conduct the study are: * To study about organizational behavior. * To study about the Ma nagerial Activities To be informed about the levels of organizational behavior and its importance from the view of organizational point * To learn about each potential outcomes of effective functioning of the organization as well as inspiring employees towards their job. * To build a bridge between the theoretical & practical education of marketing. * Methodology To prepare this report we have used all the managerial data, different official documents as well as papers available of that particular institution which were made for the relevant field(s). Accompanying material: Describe How Own Behaviour Could Promote Effective Interactions With Children and Young PeopleWe have taken help from some employees of GrameenPhone who helped us to enrich this topic. We also talked to our teachers about it and they have also helped to improve and enhance the report. * Limitations We have faced some usual constraints during the course of our preparation for the report. The major limitations are as follows: * Information is not available: The data required for sufficient analysis for preparing the report was not available. We could not get all the data from a single source. * Lack of skills: Our skill is not sufficient, that is why we could not present it more attractivelyThe Company Overview Grameenphone is the leading telecommunications service provider in Bangladesh. With more than 27 million subscribers (as of October 2010) Grameenphone is the largest cellular operator in the country. It is a joint venture enterprise between Telenor and Gra meen Telecom Corporation, a non-profit sister concern of the internationally acclaimed microfinance organization and community development bank Grameen Bank. Telenor, the largest telecommunications company in Norway, owns 55. 8% shares of Grameenphone, Grameen Telecom owns 34. 2% and the remaining 10% is publicly held.It signed its license agreement with the Government on 11 November 1996 and began operations on 26 March 1997. Grameenphone was the first company to introduce GSM technology in Bangladesh. It also established the first 24-hour Call Center to support its subscribers. With the slogan Stay Close, stated goal of Grameenphone is to provide affordable telephony to the entire population of Bangladesh Managerial Values of the company Garmeenphone always tried to keep promises from its inception till today, which has bought a different dimension to its managerial techniques.Best Network Coverage, well built management, Efficient and Effective Manpower- all these brought the com pany to its destiny. Promises can be made easily; but keeping those promises is much harder than it previously. GP has come across with those promises very successfully with its Outstanding and Specialized Managerial Techniques. Grameenphone is always being respectful to others; especially to the prominent social Personalities those who directly motivating themselves into various social, economic, educative and other positive field with eye-catching role-play.GrameenPhone is the official sponsor of Bangladesh cricket team. Only this example may easily indicate the inspired to raise-up this kind of inspirations. Mission of the company Mission of GrameenPhone is to Leading the industry and exceed customer expectations by providing the best wireless services, making life and business easier. Vision the company GrameenPhone exists to help customers to get the full benefit of communications services in their daily lives. The company wants to make it easy for customers to get what they wa nt, when they want it.They are here to help. Product and Service Offered by the company Mobile telephony Grameenphone was the first operator to introduce the pre-paid mobile phone service in Bangladesh in September 1999. It offers followings pre-paid subscriptions. * Smile pre-paid: Smile is a general package provides widest coverage & clarity of speech keep user connected anytime, anywhere at an affordable rate. * Djuice: Djuice is a popular international brand, exclusively designed for young generation which provide full of fun and entertainment elements. Xplore Post-paid: Xplore is for someone who wants freedom and takes decison independently. With Xplore user can experience flexibility. * Business Solutions: Business Solutions is a complete, quality business communications service from grameenphone designed especially for business community in Bangladesh. It can provide user a customized soluation. Other Services * Internet: Grameenphone provides internet service in its coverage area. As it has EDGE/GPRS enabled network, any subscriber can access to internet through this network.Grameenphone was the first mobile operator in Bangladesh to offer EDGE services to its subscribers. * Bill Pay: A service to enable users to pay their utility bills Electricity/Gas through mobile. * Cell Bazaar: Services to enable users sell or buy products through mobile or internet. * Various other services like Stock Information, Instant Messaging, SMS Based Alerts/Services, Voice-based Services, Downloads, Music, Cricket Updates, Web SMS, and Mobile Backup etc. Organization Behavior Model An organization is a social group which distributes tasks for a collective goal.Organizational behavior is concerned with all aspects of how organizations influence the behavior of individuals and how individuals in turn influence organizations. Organizational behavior is an inter-disciplinary field that draws freely from a number of the behavioral sciences, including anthropology, psychology, sociology, and many others. The unique mission of organizational behavior is to apply the concepts of behavioral sciences to the pressing problems of management, and, more generally, to administrative theory and practice. Model is an abstraction of reality.A simplified representation of some real-world phenomenon. Basic OB model include three level are individual level, group level and, organizational system level. These three basic levels are analogous to building blocks; each level is constructed on the previous level. For example, group concepts grow out on the foundation laid in the individual section. Each level holds several factors that make a complete organizational behavior model. Individual level’s factors are Biographical characteristic, personality, emotions, values, attitude, ability, perception, motivation, learning which leads to individual decision making.Group level includes group decision making, leadership and trust, group structure, work team, power and p olicies, communication and conflict. Organizational system level holds Organizational structure, organizational culture and human resource policies. Fig: OB Model OB Model from the view point of Grameenphone Organizational System Level * Human resource policies GrameenPhone is the pioneer in the field of human resource management, employee care and competence development in Bangladesh. GrameenPhone is currently employing approximately 5000 people of which 84 % is under 31 years old.The employees are spread out in six office zones throughout the country, with Dhaka being the largest with 3561 employees. Most of the staff has university backgrounds within fields such as management, marketing, economics, finance and engineering. The turnover rate of employee in 2006 was 8%, and a preliminary 4% so far for 2007. The number of resignations peaked in 2005 when new operators penetrated the market and offered higher salaries to GrameenPhone employees, but this was still relatively low. One could argue that low turnover rates are a good indicator of a healthy work environment.Human Resource Development GrameenPhone offers employee guidance on several stages, in addition to a general introduction for new employees. At junior management level, GrameenPhone in collaboration with the British Council offers in house training in basic management skills and workshops. Furthermore management training at junior and middle levels is offered in collaboration with the Indian Institute of Management. Finally for senior management GrameenPhone offers a module based program in cooperation with Stockholm School of Economics. This program is custom made for GrameenPhone.Employee Benefits In addition to a relatively high salary, GrameenPhone employees are offered several bene? ts. In an annual survey comparing 10 competitors and similar companies in other industries, GrameenPhone identifies the wage distribution and bases its own wage levels on those in the upper quartile. As a part of the employee policy, GrameenPhone is also providing monthly education grants to children of all employees‘until the age of 21. This grant is a ? xed monthly sum for each child. In compliance with the local legislation GrameenPhone is bu? ding a pension fund for its employees.In addition to the required minimum level, GrameenPhone also invests in provident funds. 10 % of the employee‘s salary is paid on a monthly basis into the fund. All employees are entitled and covered by health and medical insurance. This also applies to family members. Code of Conduct Upon entering the company, all employees must sign a code of conduct. The document presents guidelines for proper conduct and ethical behavior. It is divided into four parts: Firstly, general guidelines describe the rationale behind this document, namely the importance of communicating corporate values and for employees to adopt them.This section includes broad, overarching topics such as human worth, working environmen t health, loyalty and confidentiality and reporting/disclosure among others. The second section refers to the relationship with customers, suppliers, competitors and public authorities. The main message here is that all stakeholders should be treated with respect and that unethical interaction, such as receiving expensive gifts and services are unacceptable. The third section looks at the employee's private interests and actions in relation to the company.Here political activism and other external duties are encouraged up to the level where it will not interfere with their work at GrameenPhone. The last section emphasizes that all misconduct or indeed suspicions of such activity must be reported immediately. It ensures the employee that no reprisals will be undertaken towards them. In other words: whistle-blowing is allowed and promoted. Organizational Culture Organizational culture is a system of shared values, assumptions, beliefs, and norms that unite the members of an organizati on because it reflects, â€Å"What it's like to work here. This becomes apparent through the visible level of the culture, the espoused values that are not observe but rather explained and justified, and through the core beliefs that are widely shared through the organization. Importance of Organizational Culture A. Employee Self-Management – Induce employees to behave in a particular way without close supervision or formal mechanisms, many of which are informal and unspecified. B. Stability – Cultures creates a sense of continuity in the midst of change and intense competitive pressure. C.Socialization – The process of internalizing or taking organizational values as one’s own. The Culture of Grameenphone Ltd. also known as THE GP WAY is â€Å"how GP is doing business† — it’s all about itemizing and reinforcing their vision & values, leadership expectations, codes of conduct and governing principles in GP’s daily life at work and deliver upon the brand promise — Stay Close. The Employee Relations team is responsible for ensuring vibrant Organizational Culture, sustaining GP as the preferred Employer Brand in the country.Human rights Grameenphone supports the internationally proclaimed human rights including UN declaration and conventions on human rights. Employees shall respect the personal dignity, privacy, and rights of each individual interact with during the course of work and shall not in any way cause or contribute to the violation or circumvention of human rights. Working Environment Gramcenphone provide a professional workplace with an inclusive working environment including the international Labor Organization's core conventions.Grameenphone is opposed to discriminatory practices therefore, no direct or indirect negative discrimination have taken place based on race, color, gender, sexual orientation, age, disability, language, religion, legitimate political or other opinions, national o r social origin, property, birth or status. Occupational Health, Safety and Employee security Grameenphone is careful about the field of health, safety and employee security to promote good health and safe working environment in compliance with internationally recognized standards.Employee shares the responsibility for achieving this goal. GP always do their outmost to control hazards and take necessary precautions to prevent accidents and occupational diseases. Freedom of association and the right to collective bargaining Grameenphone recognizes the right to freedom of association and collective bargaining in mature labor environments. In such environments Grameenphone allow its employees to freely elect representatives among the employees, unless this would represent a breach of national laws and regulations.Such employee representatives shall be allowed to carry out their functions unhindered at the work place. Loyalty, impartiality, conflict of interests and related party transa ctions Grameenphone respects the individual employee’s right to a private life and private interests. But it demands openness and loyalty to the Company and the Company's interest. Conflicts of interest, wherever possible have been avoided. Confidentiality Every employee in the Company has a duty of confidentiality by law and written agreement.The duty of confidentiality also applies after the conclusion of employment or contractual relationship with Grameenphone for as long as the information is considered to be of a sensitive nature or in any other way confidential. Private interest and actions An employee of Grameenphone shall not hold another position or carry out work for others during working hours without prior express written permission from his supervisor. Political activity Grameenphone does not give support to political parties, either in the form of direct financial support or paid working time.Employees who take part in political activities will be granted leave from their work in accordance with the law and any agreements. Organization Structure The following organogram shows the organizational structure of Grameenphone including hierarchy of authority and responsibility. Group Level GP believe in group task that’s why they separate every department and sub department with group. This group is assigned different or similar task to which helps the department rune fast and smoothly. In Grameenphone there are groups from top level to the bottom.This helps the company to take itself in a proper destination Leadership In the organogram of GP, we can see every department has a leader and as well as every team and every department has its own leader. Some top leaders of GP * ? Tore Johnsen(CEO) * ? Mr. Raihan Shamsi (CFO) * ? Mr. Arnfinn Groven(CPO) * ? Mr. Arild Kaale(CMO) * ? Mr. Kazi Monirul Kabir(CCO) * ? Mr. Mahmud Hossain(CCAO) * ? Mr. Tanveer Mohammad(CTO) Communication The AoA of the Company requires the Board to meet at least four times a year or more when duly called for in writing by a Board member.Dates for Board Meetings in the ensuing year are decided in advance and notice of each Board Meeting is served in writing well in advance. The roles of the Board and Chief Executive Officer are separate and delineation of responsibilities is clearly established, set out in writing and agreed by the Board to ensure transparency and better corporate governance. To that end, GP has also adopted â€Å"Governance Guidelines for Chief Executive Officer†. The CEO is the authoritative head for day-to-day management in GP.He acts to reasonably ensure that GP develops and conducts business as per the Articles of Association, decisions made by the Board and shareholder, as well as according to Grameenphone Policies and Procedures, and applicable regulatory legislations. Team work Business is like a game of chess. Every move matters. Time is precious. The location and movement of each piece is a must-know for one to win the game. Today's competitive and fast changing business world demands the same. With Grameenphone’s â€Å"Team Tracker†, employee can locate his/her workforce and direct them towards the achievement of your business goals.Team Tracker is a new value-added solution for the Business Market. This solution will help bring about efficiency to the value chain of organizations having field employees. Managing field operations & directing field employees towards the business success has always been a concern for field managements like National & Regional Sales Managers, Area Managers & Distributors. With the services of Grameenphone’s Team Tracker, organizations can now locate its employees, assign tasks to them digitally & also receive task updates electronically.The system is robust enough to handle data for even a thousand employees. Features of the Service: * Real-time overview of outdoor employee movements on the map * Location based task delegation and proact ive workload allocation * Instant task status update * Business Reports generation on Employee Location & Task status based on organizational hierarchy By using this solution, a company is expected to gain: * Faster Actions * Excellent planning and precise workforce management * Efficient workload assignment to lead to greater employee satisfaction * Cost EfficiencyIndividual Level Motivation The job of a manager in the workplace is to get things done through employees. To do this the manager should be able to motivate employees. But that's easier said than done. Motivation practice and theory are difficult subjects, touching on several disciplines. In spite of enormous research, basic as well as applied, the subject of motivation is not clearly understood and more often than not poorly practiced. To understand motivation one must understand human nature itself.And there lies the problem In Grameenphone as we all know that it’s a government organization so they not give such motivational package which an employee get in private organization . But without motivation package no employee give their maximum to the organization . some motivational package which Grameenphone give there employee free telephone facility, promotion and so on. Dealing with other factors: Employee Training Employee training is the planned effort of an organization to help each employee learn the job related behaviors and skills they will need to do their job properly.It is a set of planned activities that the organization will have their employees complete in order to increase their job knowledge and skills and to have them get accustomed to the attitudes and social atmosphere of the company. It will help the employee to be familiar with the goals of the organization and the job requirements. There are typical steps that go into a training program. These are outlined below. 1) Conduct Needs Assessment: A need is described as a â€Å"gap† between what is currently known and what will be needed now and in the future.These gaps in knowledge could be between what an organization expects to happen and what actually does, how employees are performing on the job and how the organization desires them to perform, and existing skills and desired skill level . In order to conduct an assessment there are some analyses that must be done * An organizational analyses determines the effectiveness of an organization, where training is needed and under what actually does, how individual employees are performing on the job and how the organization desires them to perform, and existing skills and desired skill level .In order to conduct an assessment there are some analyses that must be done. * An organizational analyses determines the effectiveness of an organization ,where training is needed and under what conditions the training will be conducted. * A task analysis is used to provide data about a job or group of jobs, and the knowledge, skills ,attitudes and abilities that are needed to achieve optimum performance. This information can come from job descriptions, task analyses, employee questionnaires and interviews, performance evaluation, and observation of the workplace. Finally, person analysis analyses how well an individual employee is doing their job and determines which specific employees need training and what kind of training. The methods of this kind of analysis include employee questionnaires and interviews, performance evaluation, skill and knowledge testing and the observation of behavior and results. 2) Implement Training Methods: Now that the analysis has been done, the training method needs to be chosen. The two most frequently used training methods include:* Lecture: Lecture involves one-way communication, from instructor to learner -the learner is passive in the process. On-the-job-training: This method involves such methods as apprenticeship and mentoring, where the employee is actively engaged in the type of work they will l ater be doing on their own. * Programmed instruction: This is a form of instruction that is pre-programmed and then delivered methodologically to an individual. This form of instruction is self-paced -the employee determines how fast they will learn and complete the steps and it is often completed more quickly than group training. It can be delivered via a computer and can be costly toprepare. Simulations: This sort of training involves an employee being placed into a simulated situation of what may occur in real on-the-job situations. Techniques include: Case studies where trainees analyze a problem outlined in a report and offer solutions; role playing where simulated roles are acted out; and behavioral modeling where trainees observe proper work behavior and then role play it. Part of the implementation of the training is making sure that the training is actually teaching the employees the skills they will need – this is known as the Transfer of Training.A more technical d efinition is: the extent to which the knowledge, skills or attitudes learned in the training will be used or applied on the job. There are ways to increase the probability of what employees are being trained will really relate to their actual job behavior. To do this, one can maximize the similarity between the training situation and the job situation, provide a variety of examples when teaching skills and reward trained behaviors and ideas on the job. 3) Training Evaluation:Training evaluation is used to evaluate the reactions of the learners, measure the learning that occurred, assess on-the-job behaviors, identify business results that are due to the training and calculate if the investment in training has had any return in the gains of the company. Business results can be measured in â€Å"hard† data and â€Å"soft† data. Hard data are measures of productivity, quality, material costs, absenteeism and turnover and customer satisfaction. Soft data is items such as j ob satisfaction, teamwork, and organizational commitment on the part of the employeesBiographical characteristics, personality and emotions perception ability, and value attituds this things in are depends on person to person. Although gpaminphon follow a selection process to choose an employee with positive Biographical characteristic ,personality and emotions perception ability ,and value attitudes Selection & Recruitment: (From external source) * Management consultant * Advertisement * Management institute * Recommendation * Deputation personnel Selection process * Job analysis * Initial screening * Application bank * Test * Interview * Reference check * Medical final and Recommendation Roster Management: Working time is different for full time employees and part time employees. Very often it has been seen that part time employees do not get enough flexibility in their work schedule. It’s very hard to get leave or bring change in roster. Resource Management need to give mo re focus on part time employee too as they are not less competent in comparison to any full time employee. It will create a more harmonious work environment and it will also improve the motivation level of the employees. * Remove frequent changes in process: Frequent changes in process make the employees confused.It also hampers the business performance. It increases the service delivery time and produces low customer satisfaction. To reduce the hassles for both agent and customers it is quite important to adopt a flexible and user friendly process. * Establish strong coordination among segments: Coordination among systems helps to serve customer in the very exact way it has been designed. Other than that it creates conflict and misunderstanding scenarios among segments. People from different segment have their own point of view. So it needs to be ensured that all of them have common platform to carry their job Responsibility in right manner.Conclusion Maintain organizational behavi ors leads an organization to manage its function smoothly at the same time enable it to attain its goal. Through the transfer of technology, managerial expertise and effective business model Grameenphone have established an advance policy for their organization and their employees. This in turns plays a significant role to make the company as a leading mobile operator company. References * http://en. wikipedia. org * http://www. scribd. com * http://managementhelp. org * http://www. grameenphone. com

Friday, January 10, 2020

EMC Limited Essay

The question is about whether EMC Limited should disclose to the ASX that it is currently having private discussions with Elco Ltd about a possible merger. I do not think that it is required to disclose. Context The ASX has issued Guidance Note 8 – Continuous Disclosure regime and indicated in Rule 3.1 that listed companies must immediately notify ASX of any information which may have a material effect on the price or value of the entity’s shares or affect investment decisions, and information in which shareholders, investors and ASX have a legitimate interest. This regime also has statutory backing in Section 674, 675 and 677 of Corporations Act. The objectives of this regime are to provide timely information and fair access to information for market participants. When considering whether a disclosure is required or not, the companies need to Identify whether the information to have a material effect on the price or value of the entity’s shares; Decide whether the information would affect investment decisions; Consider whether the ASX and shareholders have a legitimate interest. If the companies find that the answer to all these questions is â€Å"Yes† then they need to further consider whether 1. A reasonable person would not expect the information to be disclosed; 2. The information is confidential 3. One or more of the following applies It would be a breach of law to disclose The information includes an incomplete proposal The information is insufficiently definite The information is foe internal management purpose The information is a trade secret If the answer to all these three questions is â€Å"Yes† then a disclosure is not required to be made. Argument In this case, this potential merger would probably have a material effect on the price or value of the entity’s shares and affect investment decisions.

Thursday, January 2, 2020

The Screening I Attended Called Packed Through A Trunk ...

The screening I attended called â€Å"Packed in a Trunk: The Lost Art of Edith Lake Wilkinson† was based during the early 20th century. It was about a woman artist named Edith Lake Wilkinson, who was sent to an insane asylum and no longer heard of thereafter. Jane Anderson, her great-niece, who documented her findings and research on Edith was influenced at a very early age by Edith’s art which was present all through her home. It also talked about how Edith had a companion named Fannie which was most likely her partner therefore, indicating that Edith was gay. The Wilkinson family s lawyer, who was in charge of their estate was suspecting of Edith’s relationship in a letter that he gave her saying it was not wise for them to be so close. As a result, he separated them and eventually stole her inheritance by sending her to an insane asylum. The purpose of Jane Anderson was to rescue all of Edith’s work and return it to her hometown, Provincetown. This event is relevant to policies regarding lesbian, gay, bisexual, and transgender (LGBT) rights such as same-sex marriage and discrimination against sexual orientation or gender. Jane Anderson’s great aunt, Edith who was a lesbian was living a life hidden from society in which being gay was not only prohibited, but it was also suppressed. This prejudice was apparent given the fact that she was judged by her family s lawyer of being gay and it was easier for him to deceivingly institute her in an insane asylum. This specific example