Wednesday, December 25, 2019

Wildlife Conservation Essay - 2126 Words

They are responsible for cleaning the air most living creatures breath, they give humans and animals material to build homes and buildings with, they help keep the dirt in place, and, among many other uses, they gave humans the material that people use every day, paper. They do all this for humans, and all they need in return is for their young to be planted. If you have not guessed by now, this is describing trees. It is vital for humans to maintain not only the trees population, but also the population of all wildlife. Wildlife conservation is important because regulates wildlife population, helps balance the ecosystem, and maintains the natural beauty for future generations. People mostly assume that maintaining wildlife population†¦show more content†¦Also, when the deer population is too high, farmers crops become damaged by the deer, as well as there are more deer killings by car (â€Å"Deer† par. 1-10). It is important to keep track of an animals population in order to make sure that the negative side affects do not occur. Sometimes it means keeping one species in its own habitat and preventing it from expanding into habitats that are not its own. Species who manage to do this are called invasive species. Species such as the Lionfish. Lionfish are not a native species to the Atlantic Ocean. They are a venomous, fast reproducing fish that are aggressive eaters and will eat almost anything in copious amounts. They eat so much that they will actual become obese and contract liver diseases. They have no know predators, besides humans. Because they have no predators, once introduced to a reef, they can wipe out 90% of it. â€Å"The lionfish invasion is probably the worst environmental disaster the Atlantic will ever face† said Graham Maddocks, president and founder of Ocean Support Foundation (â€Å"Lionfish† Par. 3). Lionfish are especially dangerous to ecosystems, because the native aquatic life-forms do not have a natural ins tinct to be wary of the lionfish. Some may wonder, â€Å"how did the lionfish become introduced to the Atlantic ocean?†. Well, Florida pet owners are to blame. Lionfish are most known for their beauty, which makes them valuable as pets. However, they are violent fish and tend to attack and kill other fish in theShow MoreRelatedThe Conservation Of Wildlife Conservation1077 Words   |  5 Pagesand deforestation, many animal and plant species have been decreasing significantly. Wildlife conservation, management plans, and acts have been passed in order to help preserve the diverse wildlife habitat An example of wildlife conservation is the Cosumnes River Preserve which is the largest river in central California with natural and unregulated stream flows. It consists of approximately 45,859 acres of wildlife habitat and agricultural lands such as rivers, wetlands, floodplains, savannah, farmlandRead MoreHunting Benefits Wildlife Conservation2777 Words   |  11 Pagesdifferent big-game and small-game species of wildlife. The list ranges from the elusive racoon to the prosperous white-tailed deer, and even to the beastly grizzly bear. Since the United States government adopted the concept of conservation, due partly to the great acts of President Theodore Roosevelt, its has been our moral responsibility to protect the game species of America (Belanger). Our country provides a professional and sufficient way to guide conservation and to develop, regulate, and manageRead MoreWildlife Conservation in India1394 Words   |  6 Pages1. Meaning Of Wildlife Wildlife includes all non-domesticated plants, animals and other organisms. Domesticating wild plant and animal species for human benefit has occurred many times all over the planet, and has a major impact on the environment, both positive and negative. Wildlife can be found in all ecosystems. Deserts, rain forests, plains, and other areas including the most developed urban sites, all have distinct forms of wildlife. While the term in popular culture usually refers to animalsRead MoreThe Conservation Of Wildlife Animals925 Words   |  4 Pagessave and conserve threatened and endangered species.† She ends her introduction by points out the highlight of the stories she is about to recount next. The stories show problems and difficulties people faces as they work on the conservation of wildlife. One of the wildlife animals being discusses is the California condors. Goodall starts the story with a humorous description about the condors; she describes the redness of condors bare head and their strong wings. She continued by informs the readersRead MoreThe Importance of Wildlife Conservation1634 Words   |  7 Pagesunderstand the importance of wildlife conservation. Why is wildlife so important? What steps need to be taken to preserve wildlife? How can one become involved in wildlife conservation? These are all important questions that need to be explored in order to help maintain the delicate ecosystem on Earth. Wildlife plays a vital role in this fragile ecosystem and without wildlife the human race would not survive. The initial step in wildlife conservation is understanding why wildlife is vital to the ecosystemRead MoreWildlife and Conservation Efforts in Africa Essay2220 Words   |  9 Pages The dynamic natural environment and abundant wildlife are the most prominent features of the African continent. Due to its wide variety of biomes ranging from tropical forests to arid deserts, Africa consists of bountiful wildlife diversity. However, because of environmentally harmful human interactions, the variety of biomes is shrinking to all-time lows, which causes wildlife to die out. These detrimental human interactions, particularly livestock overgrazing and desertification, occur partlyRead MoreWildlife-Conservation and Importance(India)1883 Words   |  8 PagesMeaning of Conservation Conservation is the act of using and protecting resources properly. Catching animals, throwing garbage, and using and harnessing the different resources should all adhere to the proper way of conservation.\ Wildlife includes all non-domesticated plants, animals and other organisms. Domesticating wild plant and animal species for human benefit has occurred many times all over the planet, and has a major impact on the environment, both positive and negative. Wildlife can beRead MoreNeed for Wildlife Conservation2770 Words   |  12 PagesWildlife Conservation Efforts in India Introduction The Indian subcontinent boasts of serving as the natural habitat of a large and varied wildlife. The sub-continent with its varied geographical spread from the Himalayas in the north to the Cauvery basin in the south and the Kutch region in the west to the plains of Assam in East present a diverse range of environmental conditions for some of the most magnificent as well as the rarest wildlife species of the world in India to exist. The beautyRead MoreHunting Conservation : Wildlife Management Tool875 Words   |  4 Pages On the other hand is Conservation, which is the action of conserving something, in particular. Preservation, protection, or restoration of the natural environment, natural ecosystems, vegetation, and wildlife are just some of the examples in which conservation is exercised. If you were ask anyone, usually you would view Hunting and Conservation as two opposites. But, some people actually view the two as hand in hand. How is hunting conservation? It’s viewe d as a wildlife management tool. HuntingRead MoreWildlife Conservation and Biology Essay1571 Words   |  7 Pagesland mammals. Wildlife biologists get the privilege of studying and spending time with these animals as their everyday life. I should be a wildlife biologist so I can study land mammals. Wildlife biology is a field of biology in which land animals are studied. It deals with all animals with backbones and studies individual species of wildlife, their habitats, and surrounding ecosystems (Fitzgerald). It also studies how animals may interact with their ecosystem. Without wildlife biology we would

Tuesday, December 17, 2019

Accuracy in Epic of Gilgamesh and The Hebrew Bible Essay

There is much debate over the historical accuracy of the Hebrew Bible and The Epic of Gilgamesh. Some claim that to understand a work of literature requires extensive knowledge of the background of this work. The contrary position is that a work of literature can be interpreted solely on it’s content. The meaning of the term classical literature is that it can be applied during any period of time, it is eternal. Yet the conditions surrounding the author might still be of interest to the reader, and of importance to the work. As with many cases, the truth is somewhere in between the two extremes. Both sides have valid arguments about the importance of historicity. To say that historicity is of the utmost importance may seem extreme.†¦show more content†¦As a real person, the fact that He lived and dies for their sins takes on a great significance. Many devote their lives to serving others the way Jesus did in the New Testament. In this case, it is easy to see how it would be greatly important that Jesus be an accurate historical figure. As a fictional character, His life and death have meaning within the story, but would not be likely to inspire the great actions that people take trying to follow His example. This is only one extreme instance in which the historical accuracy of a work would have great importance. The stories of many human beings, including those in Gilgamesh and The Bible may inspire people to have similar courage. Even if these characters are mortal human beings, that human beings could act out of such courage and love may give readers faith that they too may be able to be as courageous. Depending on the reader, the historical accuracy may seem of no importance at all. If a work of literature is good enough, one gets quite involved in the story line, and the characters become real. Regardless of the time or place, ones involvement in the work may supersede all history surrounding it. The question of the importance of historicity aside, there can be little harm done in pondering the accuracy of a work. The Hebrew Bible and the Epic of Gilgamesh have come under close scrutinyShow MoreRelatedSimilarities Between Gilgamesh And Noah818 Words   |  4 Pagesancient texts so similar to each other? It appears as if each text corresponds to the Bible. There is the Enuma Elish compared to the creation story, the Laws of Hammurapi compared to the last four books of the Pentateuch, and the Confusion of Tongues compared to the Tower of Babel. However, I will focus on the Epic of Gilgamesh, comparing and contrasting it to the Biblical narrative of Noah. While both the Epic of Gilgamesh and the Biblical narrative of Noah explore a global flood, there are key differencesRead MoreAp World History Midterm Review2054 Words   |  9 Pagessuccesses lent material weight to the idea that Homers Iliad and Virgils Aeneid reflect actual historical events. Gilgamesh the fourth king of Uruk (Early Dynastic II, first dynasty of Uruk), ruling 126 years, according to the Sumerian king list. He was said to be contemporary with some of the earliest archaeologically-known figures, placing his reign ca. 2500 BC. Iliad an epic poem in dactylic hexameters, traditionally attributed to Homer. Set in the Trojan War, the ten-year siege of Ilium by

Monday, December 9, 2019

Managing Technology Essay Example For Students

Managing Technology Essay We define information technology (IT) to include not only computer technology (hardware and software) for processing and storing information, but also communications technology for transmitting information. Advances in computer and communications technologies have enabled firms to pursue IT investments. This will help them to gain maximum advantage from their knowledge assets-to leverage the knowledge of individual employees to the benefit of other employees and the organization as a whole. Businesses have strived to achieve a competitive advantage in the past by competing in one of two ways:1. By Cost- by being a low-cost producer of a good and service2. By Differentiation of a product or service- by competing on customer perceptions of product quality and customer support services. Information technology is an integral part of many companies day to day operations. By the 1990s, applications of IT were widespread and sophisticated enough to enable firms to compete in other innovative ways. Whereas in the past firms had to choose between a low-cost and a differentiation strategy, today IT enables firms in some industries to compete on both low cost and product differentiation simultaneously. Further, some firms are attempting to compete not only on both low cost and high quality, but also on the ability to make highly varied customized products. Referred to as mass customization, IT is used to rapidly link processes and work groups in order to produce customized products that are exactly what a customer wants. Evans Consoles, a Calgary based manufacturing firm, is a prime example of how, and where information technology is implemented and utilized in terms of strategic advantage and strategic plans. Founded in 1980, Evans is recognized worldwide for its expertise in the design and manufacture of technical furniture, desks and computer consoles for specialized environments such as data and control centers, trading floors, command centers, computer floors and other technology-intensive work centers. Over the years, Evans has built an international reputation for reliable project management, innovative product design and superior quality through more than 2,000 high-profile installations. Such high profile installations include customers as NASA, FedEx, EDS, ATT, IBM, Dow Chemical, Shell, United Airlines, FAA, and Deutsche Telekom. (See photo exhibits for examples of products and installs)Evans overall corporate strategy is to provide high quality customized products at a competitive price to customers all around the world. As a part of this, IT has been implemented in order to facilitate the efficiency and effectiveness of the organization. With Evans corporate divisions and processing plants being dispersed over 4 locations around Calgary, IT has become a necessity. Information technology can be aligned with Evans corporate strategic plans from the first to the final step/process. To begin with, the majority of Evans existing or new clients are on a global scale and communication is vital since the products being built are on a custom basis. Evans need to stay in constant contact in order to build a rapport and ensure that what they are building is satisfactory for the customers needs. This is where the use of e-mail and video conferencing comes into play. Evans has the ability to communicate globally with little effort or cost. This can also help increase global sales and help Evans become the global leader. Being able to reduce travel costs saves Evans and its customer a great deal of time and money, and in turn enables them to produce the desired product within less time. When the projects are ordered, either FAX or e-mail depending on the size of the project receives them. This saves both the client and Evans money and time for shipping of blueprints. Plus, if there are any discrepancies or misunderstanding, it is a simple and painless procedure to rectify the situation because of the fast means in communicating and sending documents electronically. Communication is a large part of Evans IT strategic advantage. Most customers demands are on a time basis and Evans needs to fulfill these wishes to their best fashion. In doing so, Evans as a company needs to be able to communicate at high speeds so no process is held up. This would be the purpose of the Evans office automation. There are five steps involved with automation; the first is making sure that everything is coordinated. The various islands of automation must be made compatible. The second step puts emphasis on the on the information requirements- as in the problems being solved. Using an Intranet and a Local Area Network (LAN) connected to several hubs for each corporate location, Evans is well equipped to internally pass information along at high speeds. Applications such as electronic mail, video conferencing, word processing, spreadsheet documents, voice mail, along with document preparation, storage, and sharing are all available to employees over these systems. Electronic data interchange has been implemented in the IT structure to allow Evans with quick and easy transfer of business documentation electronically, without manual intervention. Such paper documents as purchase orders, order acknowledgements, requests for quotations, quotes, shipping notices are now done over the computer to alleviate both time and distance. Evans incorporated such a system into their IT strategic advantage for the following reasons. 1. For faster speed of doing business. Business data is sent, received, evaluated, and processed in a fraction of the time normally associated with business processes. 2. Reduction in required working capital. Reductions in resource commitments for both inventory and accounts receivable yield improvements in working capital. 3. Cost savings. Purchase order processing costs are one key source of cost savings. Some of these costs savings are due to the elimination of data entry errors that result from the re keying of data as they pass from organization to organization. 4. Improved customer/supplier relationships. Firms are increasingly dependent on each other to achieve competitive advantage, and EDI creates partnerships between customers and suppliers and other strategic partners. EDI is often the first IT link between business partners and can form the beginning of a new kind of buyer/customer relationship. 5. Enables international trade. The primary benefits for Evans here are related to international communications networks eliminating delays in paper flows and the transit of goods and information due to geographic and national boundaries. The third step to automation is the training and education of employees. Evans offers on site training or the possibility to take courses at their expense. Since technology is so widely used in the organization, it is imperative that each employee be able to function at the same level, so not to slow any process down. In looking at the last two steps, evolution and redefinition, this can only take place as time goes on for Evans. It is inevitable that new ways of communicating and sharing date will be available, and it is up to the IS division to see whether or not it will fit within their IS and corporate strategy. Processing, designing, and building also play a major role in IS strategic plan and advantage for Evans. With technology, Evans has found ways to improve the quality, performance, and look of their products. In doing so, they have attracted new clientele that has resulted in some major contracts such as NASA!! Evans engineering departments, depending on the style of produ ct that the client desires, plays a significant role in the planning and designing of the product. Engineers use both Computer Aided Design (CAD) programs along with visual imaging software in order to meet desired designs of the customers. The use of CAD programs at Evans enables them to analyze and investigate a wider range of design alternatives. CADs also help to produce top quality specs with a minimal amount of time or money spent. These are the purposes of Evans strategic plan and advantage. By using the visual imaging software, the client also has the opportunity to view the final product without having invested all of its time and capital. This is part of Evans strategic advantage in that they try to keep a high profile with their customers. Since all of Evans engineering and designing departments are not in the same building, the use of LANs is a viable way to ensure speedy communication and confirmation of the clients orders. Yet another part of the Evans strategic advant age with the use of IT is their production machinery that rely on CAD blueprints. These machines, that cut and mold the products according to the specs of the design, use blueprint data as a guide or a map of what to do. This ensures flawless precision that is important in developing a high quality product, gaining a favorable reputation, and keeping customers happy. Their machines also fit within the strategy as they reduce the amount of waste and time necessary for each product. This creates faster turnover time that in turn generates greater sales and revenue because of the ability of Evans to handle more clientele. These machines are tied into the Manufacturing resource planning (MRP) system that Evans has installed. Comprised of three major components; the master production schedule, material requirements planning, and shop floor control, this system enables Evans to increase efficiency and overall effectiveness. The master production schedule component sets overall production goals based on due dates and size of project. The MRP component then develops a detailed production schedule to accomplish the master schedule, using production capacity, inventory, and lead-time data. The shop floor control component releases orders to the shop floor based on the detailed production schedule and the actual production accomplished thus far. It is at this point that the blueprinted information of the business is passed along to the employees who enter it into the machines for production purposes. Each unit is then put together by hand but can be checked according to data specs and read outs. Data warehous ing is another part of the Evans IT strategic plan. Within this system, Evans enters and records information concerning all areas of each individual project. Such things as materials used, processing time, time allocated for each step, employee time allocated, and which division of the production was being used are all monitored. All this is done and entered in IBMs Oracle software. Within this system, the user can produce customized reports from the data warehouse to fit what managers need. At Evans, this is done on a weekly basis in order to verify the time and money invested in each project and to ensure that they are not over budget or running behind. This is a key component to the IT advantage in that it helps managers manage each project individually without loosing track of any specific detail. Executive information systems are systems that deliver on-line current information about business conditions in an aggregate form easily accessible to senior executives and other manag ers. It is designed to be used directly by these managers without the assistance of intermediaries. EIS functions as a hands-on tool which focuses, filters, and organizes an executives information so they can make more effective use of it. At Evans, this information is accessible depending on the organizational position in which you sit because of password blocks. It is part of their IT strategy because it allows users to examine data without having to ask for it, therefore alleviating time waste, and promoting management to act in the best of their division. Such things as performance analysis and management reporting are looked at and assessed from current to previous years. Other things that are brought into play are an alert to important news items, and on-screen calculation of trends, ratios, and new versions of data. With the use of charts, maps, or queries, the information can be viewed according to the preference of the user. The final element to Evans IT strategic plans and advantage would be their systems testing and security for the organization. Security controls related to the technology infrastructure-such as backup supplies, network access control, and firewall protection- are the most relevant area that Evans has to deal with. Managers must be careful in identifying what is valid data, what errors might be made while handling data, and what potential business losses could result form inaccurate or lost data. Decision making EssayElectronic data interchange has been implemented in the IT structure to allow Evans with quick and easy transfer of business documentation electronically, without manual intervention. Such paper documents as purchase orders, order acknowledgements, requests for quotations, quotes, shipping notices are now done over the computer to alleviate both time and distance. Evans incorporated such a system into their IT strategic advantage for the following reasons. 1. For faster speed of doing business. Business data is sent, received, evaluated, and processed in a fraction of the time normally associated with business processes. 2. Reduction in required working capital. Reductions in resource commitments for both inventory and accounts receivable yield improvements in working capital. 3. Cost savings. Purchase order processing costs are one key source of cost savings. Some of these costs savings are due to the elimination of data entry errors that result from the re keying of data as they pass from organization to organization. 4. Improved customer/supplier relationships. Firms are increasingly dependent on each other to achieve competitive advantage, and EDI creates partnerships between customers and suppliers and other strategic partners. EDI is often the first IT link between business partners and can form the beginning of a new kind of buyer/customer relationship. 5. Enables international trade. The primary benefits for Evans here are related to international communications networks eliminating delays in paper flows and the transit of goods and information due to geographic and national boundaries. The third step to automation is the training and education of employees. Evans offers on site training or the possibility to take courses at their expense. Since technology is so widely used in the organization, it is imperative that each employee be able to function at the same level, so not to slow any process down. In looking at the last two steps, evolution and redefinition, this can only take place as time goes on for Evans. It is inevitable that new ways of communicating and sharing date will be available, and it is up to the IS division to see whether or not it will fit within their IS and corporate strategy. Processing, designing, and building also play a major role in IS strategic plan and advantage for Evans. With technology, Evans has found ways to improve the quality, performance, and look of their products. In doing so, they have attracted new clientele that has resulted in some major contracts such as NASA!! Evans engineering departments, depending on the style of produ ct that the client desires, plays a significant role in the planning and designing of the product. Engineers use both Computer Aided Design (CAD) programs along with visual imaging software in order to meet desired designs of the customers. The use of CAD programs at Evans enables them to analyze and investigate a wider range of design alternatives. CADs also help to produce top quality specs with a minimal amount of time or money spent. These are the purposes of Evans strategic plan and advantage. By using the visual imaging software, the client also has the opportunity to view the final product without having invested all of its time and capital. This is part of Evans strategic advantage in that they try to keep a high profile with their customers. Since all of Evans engineering and designing departments are not in the same building, the use of LANs is a viable way to ensure speedy communication and confirmation of the clients orders. Yet another part of the Evans strategic advant age with the use of IT is their production machinery that rely on CAD blueprints. These machines, that cut and mold the products according to the specs of the design, use blueprint data as a guide or a map of what to do. This ensures flawless precision that is important in developing a high quality product, gaining a favorable reputation, and keeping customers happy. Their machines also fit within the strategy as they reduce the amount of waste and time necessary for each product. This creates faster turnover time that in turn generates greater sales and revenue because of the ability of Evans to handle more clientele. These machines are tied into the Manufacturing resource planning (MRP) system that Evans has installed. Comprised of three major components; the master production schedule, material requirements planning, and shop floor control, this system enables Evans to increase efficiency and overall effectiveness. The master production schedule component sets overall production goals based on due dates and size of project. The MRP component then develops a detailed production schedule to accomplish the master schedule, using production capacity, inventory, and lead-time data. The shop floor control component releases orders to the shop floor based on the detailed production schedule and the actual production accomplished thus far. It is at this point that the blueprinted information of the business is passed along to the employees who enter it into the machines for production purposes. Each unit is then put together by hand but can be checked according to data specs and read outs. Data warehous ing is another part of the Evans IT strategic plan. Within this system, Evans enters and records information concerning all areas of each individual project. Such things as materials used, processing time, time allocated for each step, employee time allocated, and which division of the production was being used are all monitored. All this is done and entered in IBMs Oracle software. Within this system, the user can produce customized reports from the data warehouse to fit what managers need. At Evans, this is done on a weekly basis in order to verify the time and money invested in each project and to ensure that they are not over budget or running behind. This is a key component to the IT advantage in that it helps managers manage each project individually without loosing track of any specific detail. Executive information systems are systems that deliver on-line current information about business conditions in an aggregate form easily accessible to senior executives and other manag ers. It is designed to be used directly by these managers without the assistance of intermediaries. EIS functions as a hands-on tool which focuses, filters, and organizes an executives information so they can make more effective use of it. At Evans, this information is accessible depending on the organizational position in which you sit because of password blocks. It is part of their IT strategy because it allows users to examine data without having to ask for it, therefore alleviating time waste, and promoting management to act in the best of their division. Such things as performance analysis and management reporting are looked at and assessed from current to previous years. Other things that are brought into play are an alert to important news items, and on-screen calculation of trends, ratios, and new versions of data. With the use of charts, maps, or queries, the information can be viewed according to the preference of the user. The final element to Evans IT strategic plans and advantage would be their systems testing and security for the organization. Security controls related to the technology infrastructure-such as backup supplies, network access control, and firewall protection- are the most relevant area that Evans has to deal with. Managers must be careful in identifying what is valid data, what errors might be made while handling data, and what potential business losses could result form inaccurate or lost data. At Evans, each individual is given a user name in which they have to log on to the system with. This will enable the IT organization to limit and monitor what systems and software the user is using and has access to. Without the proper authority granted by the IT organization, the user is withheld from accessing any information that should not be seen. The unauthorized use of data can result in a material loss, such as embezzlement of funds, or in harder to measure losses, such as disclosure of sensitive data. The ultimate protection against system failures is to have a backup copy. When a file becomes contaminated or destroyed, the most recent version can be restored. This is what Evans has come to realize and control. In any case, the security of data, and computers is necessary for Evans so that employees, customers, and others can be confident that their interactions with the organization are confident and the assets of the business are safe. Physical security also is an important part of the IT organization at Evans. Each employee is given a Chubb security card that has their thumb print scanned on to it. This gives access to the different buildings, and once inside, access to the divisions. Such areas as imaging require special access because of the amount of equipment that the room houses. Storage facilities called the Vault, for back-ups and important documentation, also require added accessibility. All of these precautions Evans does is according to their IT strategy. Looking at Evans at a whole, it is a obvious that there are many aspects in which information technology is used. Each element serves its own purpose and it part of their strategic plan and advantage. From communication to security measures, Evans has installed and maintained a high level of IT that has enabled it to succeed and grow into the market leader we see before us. By constantly upgradinTechnology

Sunday, December 1, 2019

PricewaterhouseCoopers

Introduction Stakeholders take pride in working with or for PWC because it an internationally recognized firm. It is a Big-4 member of consultancy and accountancy firms around the world. Partners know that belonging to such a strong brand name will offer them security of tenure and tangible benefits.Advertising We will write a custom research paper sample on PricewaterhouseCoopers specifically for you for only $16.05 $11/page Learn More Furthermore, it has won several awards in its various interests. One of the awards relates to its capacity as a knowledge enterprise in 2010. Another concerns excellence in learning. Finally, the firm has also won acclaim for being one of the best organizations to work for between 2005 to date (PWC Global 4). Stakeholders can view these awards as proof of the value the company places on its resources. Why the organization is a great place to work for PWC has consistently delivered in terms of a number of performance metri cs. One such alternative is its dedication to revenue growth. It is always looking for opportunities to expand revenue streams either in taxation or auditing services as well as in geographical expansion (Jones 206). The company has reliable profit margins that indicate it is doing something right. Since taxation and financial services adversely depend on an astute knowledge base, then firms must not compromise on technical excellence. PWC is aware of these competencies and delivers them with utmost dedication (White 92). The business also prioritizes client satisfaction as this is the central way of generating repeat business. With such an impressive focus on deliverables, workers can be assured of a reliable employer who hardly struggles with financial challenges. This guarantees them steady payment as well as job satisfaction. When workers work for PWC, they often have the advantage of enjoying favorable pay. Most managers earn approximately $98,000 dollars annually. Conversely, executive assistants, who have the commonest jobs, earn about $64,000. In addition to one’s salary, an employee is also entitled to several benefits, such as partial health coverage, access to fitness centers, job sharing, telecommuting as well as having a compressed workweek. This gives flexibility and capacity to enjoy work-life balance. PWC also hires 27% minorities in the US and 46% women (CNN money 4). They have nondiscrimination policies against marginalized groups and domestic partners for same sex couples may also enjoy these benefits within the US.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More 3 reasons that have led to the success of the company Diversification The company’s business model of diversified revenue streams has contributed to its success in the accounting and auditing industry. This organization offers assurance services, which account for a s ubstantial share of the service offerings. In this portfolio, the firm does surveys on customer satisfaction, business risk reviews and many other services in order to furnish managers with adequate information to make right business decisions (Mahreen et. al. 100). Additionally, the company engages in taxation service; this mostly entails advisory services, where a client can benefit from taxation planning, legal compliance with taxation laws and other taxation issues involved in business (Ready ratios 4). Finally, Pricewaterhousecoopers also engages in general advisory services like actuarial advisory, strategic analysis, business valuation, business recovery and corporate financing. In all these portfolios, the company may customize its product segments so as to suit local markets. For instance, one may find technology, communication, entertainment and information services as one segment in a certain country and no such service in another. There is strength in diversification of its businesses as this ensures that underperforming divisions can be supported by more reliable income streams. It is not uncommon for the organization to experience legal challenges; therefore, it helps to have a diversified portfolio. A case in point was a suit filed against PWC by Willie Nelson. The latter individual claimed that he was advised to use tax shelters by PWC but the company did not inform him when the Internal Revenue Service changed those regulations. As a consequence, Mr. Nelson owed the government millions in back taxes. PWC lost a lot of money in settling the suit. If the organization only relied on taxation services for survival, it is likely that it would be struggling to stay afloat owing to the legal challenges that the portfolio attracts (Copley Douthett 450). Furthermore, this ensures that the company can expand its consumer base and offer almost all related services under one roof. Valuing employees Aside from an intense diversification strategy, the orga nization also values its employees. It heavily invests in its human resources through leadership and training development. Employees always go through a rigorous training program upon entry into the institution. As they continue working for the firm, they still learn soft and technical skills needed to offer satisfactory services. The organization also assesses and reviews its training programs annually in order to ascertain that the skills taught reflect industry trends (PWC Indonesia 3). At higher levels of management, PWC also possesses a leadership development program. This ascertains that the firm always has a diverse talent pool from which to draw future leaders. Members of its leadership group often meet with leaders from different parts of the world to exchange ideas and strengthen their abilities. With such a strong workforce, the company promptly delivers on its promises.Advertising We will write a custom research paper sample on PricewaterhouseCoopers specifically fo r you for only $16.05 $11/page Learn More Owing to this immense investment in the company’s human resources, most workers understand what the organistaion stands for and why its clients bring business to PWC. They always try to incorporate their mission and vision into the workings of the firm. This enterprise communicates such values through training as well as leadership interactions with other employees. Another effect of investing in this group is consistent professionalism from employees. Since the company handles a lot of financials, it needs to have people that it can trust. Most PWC workers are renowned for their objectivity and integrity when handling various projects. Global presence The firm has a global presence and thus a wide client base. This organization boasts of approximately 771 offices around the world (You Sigma 2). While one may imagine that having such a vast international presence undermines the organization’s efficiency , this is not true for PWC. The firm has a code of conduct that it applies in all its branches. Therefore, clients have come to associate the brand with certain quality expectations. All workers must follow rules and regulations established by the company at the administrative level. In the United Kingdom, PWC possesses a parent firm that coordinates activities in other member firms. Furthermore, a global partner board exists in order to draw representation from the various members of the institution. It should be noted that the organization also believes in empowering member firms to run their own entities. Therefore, specific countries have the autonomy and power to curve their own paths. This means that they can customize their business operations to suit local conditions (Jere et. al. 491). On the other hand, their employees can still benefit from international competencies through a global mobility program. Besides, information exchange within the institution is quite rigorous. In order to ascertain that PWC is a global business with rich clients, one only has to look at its recent history. Russian clients such as Yukos have worked alongside PWC. Additionally, the organization has audited an international Indian firm called Global Trust Bank. It has also worked on certain projects such as water privatization in Delhi. This track record would have been difficult to maintain if the company was not located in different parts of the world. The organization takes the time to study its clients and their ability to bring value to the company. Those that have a good payment history, high growth potentials as well as high profitability are more likely to be retained than those that do not (Sinclair 15).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The global presence also assists the organization in achieving its objectives by comparing itself to other branches that are doing relatively well. A PWC member firm in Indonesia will often try to keep up with technology developments in the US and UK. As a result, it will raise the standards of service provision within its respective country. Furthermore new strategies that expand the organization’s reach in a certain region of the world will usually encourage some branches to do the same in a different part of the world (Gomez 34). Conclusion PWC’s major strengths are its global presence, the high value it places on its employees as well as its diversification strategy. The company enjoys global capabilities and skills, the advantages of having a committed workforce as well as protection from underperforming revenue streams. Its success proves that the organization’s strategy is a model for assurance and taxation firm. Works Cited CNN money. 100 best companies to work for. 2013. Web. https://money.cnn.com/magazines/fortune/best-companies/2012/snapshots/48.html Copley, Paul Edward Douthett. â€Å"Are assurance services provided by auditors on initial public offerings influenced by market conditions?† Contemporary Accounting Research Summer 26.2(2009): 453-476. Print. Gomez, Andrea. Accounting for success: a history of Price Waterhouse in America 1890–1990. Harvard: Harvard Business School Press, 1998. Print. Jere Francis, R. Khurana, K. 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The Australian 20 Sep. 2010: 15. Print. White, Anna. An Early History of Coopers Lybrand. London: Garland Publishing Inc., 1984. Print. You Sigma. Pricewaterhousecoopers SWOT analysis. 2012. Web. This research paper on PricewaterhouseCoopers was written and submitted by user Quinton Robbins to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.