Budgeting Process Essay Example | Topics and Well Written Essays - 1000 words

Budgeting Process - Essay Example Due to increasing industrialisation the environmental problems are also increasing, it is affecting the climate, bio-diversity and the ecosystem of the planet. Therefore there is an immediate need of budget modernisation for sustainable development. If it's not achieved then it might have adverse effects on shareholders values because firms neglecting the rules may be closed or fined severely. b) Feasibility study is an important phase in the development process. It enables the developer to have an assessment of the product being developed. It refers to the feasibility study of the product in terms of outcomes of the product, operational use and technical support required for implementing it. c) According to consumer modernisation the solution to some sort of crisis can be found in more production, more modernity and more industrialisation. Rather than more production consumer modernization purports on different industrialisation and production. This is termed as more -as-different approach. In the present markets the production is more that result in the increase in economy and thus maintaining overall consumption low and sustainable. Thus we could say that consumption is dematerialised. Though the present world is turning towards e shopping still some of us like to prefer the old ways of purchasing things like jewellery, cars, etc. d) Let's take the case of United Kingdom and its... Unemployment was on rise and there was no perfect system to maintain law and order between the EU countries. There was chaos all the time. The post war era was the beginning of expansion in the trade sector. The benefits do not come that easily. Treating those who hurt by trade, equitably a difficult public policy issue. The important issues that were to deal with are controlling the rapid growth of trade deficit, high inflation rate and soaring prices of crude oil. The post war era has seen a rapid expansion in trade and accordingly the economic and political structure has experienced steady and substantial growth. Gaining profits from trade depends on individual economic behaviour. Instead of building own automobiles, manufacturing own goods, producing own food, it is better to manufacture goods in which they have specialisation and trade them for other goods that are required. This thought made the UK a leading exporting country in international trade. The most surprising thing is that the total UK imports amount to only about 12 percent of the country's GDP. International trade brings rich dividends and imposing restrictions to such exchanges will hinder the further improvement and in realising the true gains from trade. Protectionism is the factor that's becoming hindrance to international trade. e) In the context of budget process jobs were created and destroyed as well. Creation and destruction of jobs depends on comparative advantages and disadvantages. Cutting of jobs does not have any net loss on the economy further more it improves the living standard and raises the economy. It is known truth that international trade has positive and negative effects. The wages

The impact of substance abuse in the work place Essay

The impact of substance abuse in the work place - Essay Example Being a supervisor, my responsibility involves maintaining a productive, safe and secure environment for all employees at the work place. It is also my responsibility to evaluate and conduct performance discussion with employees. In the course of my duty as a supervisor, it is expected of me to treat all employees fairly in a manner that does not demean anyone (opm.gov). During my supervisory duty, it came to my attention that Balbito exhibited the following problems of absenteeism at work missing work for about two days a week. In addition, Balbito also had the following problems; falling sick at work frequently, missing deadlines, sleeping at work, problems with handling recruits in a professional manner and being at loggerheads most of the time with other co-workers. Consequently, the situation prompted me to take intervention and referral preparation for the employee prior to the actual intervention and referral. To this regard, it became worthwhile to put down on paper the perfo rmance problem as concisely and precisely as possible. In addition, it was necessary for me to prepare myself professionally for a constructive confrontation with the employee, Balbito (opm.gov). The responsibility of diagnosing drug abuse or alcohol abuse is not among my duties. Furthermore, having all answers to problems of an employee is also not my duty. The responsibility of providing therapy or counseling is the duty of the EAP professionals not the supervisor. In my own perspective, these problems are mostly related to alcohol addiction. Although Balbito had earlier admitting having problems with alcohol abuse, I detected that it was rather an addiction. Balbito purportedly used alcohol for recreational purposes, but the symptoms of irresponsible handling of his duties suggested addiction of alcohol due to its use as a stress reliever. Since my professional requires strict supervision of the performance of employees, I intend to address the issue strictly with no sympathy in this context (opm.gov). First, am going to summon the employee (Balbito) and express my concern regarding his performance as a human resource professional. In the most precise manner, am going to inform him of the problem of alcohol addiction that has come to my attention. Additionally, I will avail the documentation of the problem to him in a professional way as the supervisor. At last, I will demand an explanation from him regarding his performance. Since the employee (Balbito) had already admitted his problem regarding alcohol abuse, I will refrain from personal issues and frame the discussion strictly to matters pertaining performance to resolve his problem. In a professional perspective, am going to address my concern regarding performance to get the employee (Balbito) to acknowledge the performance problem. During the performance discussion with the customer, I will order the employee (Balbito) to stop reporting to work under the influence of alcohol since it has a negative im pact on his performance. Adding to this, I will give the employee a fortnight to improve on his performance failure to which, he is subject to suspension from work for a period of one month. To make the intervention effective, am going to refer the employee (Balbito) to employee assistance program professional for counseling. By doing this, information concerning his privacy regarding this issue will be availed to him.