Lincoln Electrics Case Study

Presentation ? Lincoln Electric is a main producer of welding items, welding gear and electric engines ? Their administration framework is fruitful to the point that individuals allude to it with capital letters-the Lincoln Management System-and different business utilizes it to benchmark their own ? Lincoln utilizes assorted control approach ? The company’s framework achievement is to a great extent is because of the authoritative culture dependent on transparency and trust ? Since the administration framework worked so well, senior administrators chose to broaden Lincoln Electric abroad ?Things didn’t go very as they arranged and directors at global plants neglected to meet their creation and money related objectives consistently Question 1: Does Lincoln follow a progressive or decentralized way to deal with the board? Progressive (centralization) †choice authority is situated close to the highest point of the association Decentralization †choice authority i s pushed descending to all levels Lincoln Electric follows a decentralized way to deal with the executives ? The organization utilizes a â€Å"open-door† arrangement Every representative has direct access to administrators for open correspondence, conversation and give input ?They have a warning board made out of individuals chosen by their kindred specialists who meet with senior administration fortnightly Question 2: What is the issue with moving Lincoln’s control framework to other national societies? What recommendations would you make to Lincoln’s chiefs to make future worldwide assembling plants increasingly effective? Issues ? Contrasts in culture over the globe †The European work culture was unfriendly to the piece-work and reward control framework †Therefore, the framework wasn’t successful in various nations with various work culturesSuggestions ? Increment deals and keep up month to month benefit †Management should utilize salesm en in light of the fact that they feature the costsavings and advantages of Lincoln Electric's items, and furthermore attract new clients by means of LE's name acknowledgment and notoriety for high caliber. ? Streamline number of creation laborers to the work †Reduce future business †Employ enough specialists for the individual plants ? Give various kinds of advantages to abroad plants †Eliminate the piece-work and reward control framework †Give benefits as far as transportation, clinical protection, life coverage and etc.Question 3: Should Lincoln get cash and pay rewards to abstain from breaking trust with it’s U. S laborers? Why or why not? ? After conversation, we discovered that Lincoln ought not obtain cash and pay rewards to abstain from breaking trust ? The organization is in a budgetary emergency. On the off chance that they continue getting cash, it may bring about a huge obligation which will be more diligently to settle and may bring about chap ter 11. ? The rewards are not a commitment. Worker is as yet paid appropriately and they will never lose their employment because of the no cutback arrangement executed by the organization Conclusion

The Balfour Declaration Influence on Formation of Israel

The Balfour Declaration Influence on Formation of Israel Hardly any reports in Middle Eastern history have had as important and questionable an impact as the Balfour Declaration of 1917, which has been at the focal point of the Arab-Israeli clash over the foundation of a Jewish country in Palestine. The Balfour Declarationâ The Balfour Declaration was a 67-word explanation contained inside a concise letter ascribed to Lord Arthur Balfour, the British remote secretary, dated November 2, 1917. Balfour tended precisely to Lionel Walter Rothschild, second Baron Rothschild, a British financier, zoologist and Zionist dissident who, alongside Zionists Chaim Weizmann and Nahum Sokolow, helped draft the presentation much as lobbyists today draft bills for administrators to submit. The announcement was in accordance with European Zionist pioneers expectations and structures for a country in Palestine, which they accepted would realize extreme movement of Jews around the globe to Palestine. The announcement read as follows: His Majestys Government see with favor the foundation in Palestine of a national home for the Jewish individuals, and will utilize their best undertakings to encourage the accomplishment of this article, it being unmistakably comprehended that nothing will be done which may partiality the common and strict privileges of existing non-Jewish people group in Palestine, or the rights and political status delighted in by Jews in some other nation. It was 31 years after this letter, regardless of whether willed by the British government or not, that the province of Israel was established in 1948. Liberal Britain’s Sympathy for Zionism Balfour was a piece of the liberal administration of Prime Minister David Lloyd George. English liberal general assessment accepted that Jews had endured verifiable shameful acts, that the West was at fault and the West had a duty to empower a Jewish country. The push for a Jewish country was helped, in Britain and somewhere else, by fundamentalist Christians who energized the migration of Jews as one approach to achieve two objectives: eradicate Europe of Jews and satisfy Biblical prediction. Fundamentalist Christians accept that the arrival of Christ must be gone before by a Jewish realm in the Holy Land). The Declaration’s Controversies The presentation was disputable from the beginning, and predominantly because of its own loose and opposing wording. The imprecision and inconsistencies were purposeful a sign that Lloyd George would not like to be on the snare for the destiny of Arabs and Jews in Palestine. The Declaration didn't allude to Palestine as the site of the Jewish country, however that of a Jewish country. That left Britains duty to an autonomous Jewish country especially open to address. That opening was abused by ensuing mediators of the revelation, who asserted that it was never expected as an underwriting of an interestingly Jewish state. Or maybe, that Jews would set up a country in Palestine close by Palestinians and different Arabs set up there for very nearly two centuries. The second piece of the presentation that â€Å"nothing will be done which may preference the common and strict privileges of the current non-Jewish communities†-could be and has been perused by Arabs as a support of Arab self-governance and rights, an underwriting as substantial as that proffered in the interest of Jews. England would, actually, practice its League of Nations command over Palestine to secure Arab rights, now and again to the detriment of Jewish rights. Britain’s job has never stopped to be on a very basic level conflicting. Socioeconomics in Palestine Before and After Balfour At the hour of the presentation in 1917, Palestinians-which were the â€Å"non-Jewish people group in Palestine†-established 90 percent of the populace there. Jews numbered around 50,000. By 1947, just before Israel’s presentation of autonomy, Jews numbered 600,000. By then Jews were creating broad semi administrative foundations while inciting expanding opposition from Palestinians. Palestinians organized little uprisings in 1920, 1921, 1929 and 1933, and a significant uprising, called the Palestine Arab Revolt, from 1936 to 1939. They were completely suppressed by a blend of British and, starting during the 1930s, Jewish powers.

Engineering 183EW The Main Technological Advantage Of Dna Engineering - 19800 Words

Engineering 183EW: The Main Technological Advantage Of Dna Engineering (Research Paper Sample) Content: DNA ENGINEERING August 18th 2017 Engineering 183EW Table of Contents 0.Executive Summaries..................................................................................................................iv-vi 1.Introduction..............................................................................................................................vii-viii 1.1 Methodology................................................................................................................vii 1.2 Credits.........................................................................................................................viii 2. Problem Statement and Background.............................................................................................1-7 2.1 Problem Statement.........................................................................................................1 2.2 Background....................................................................................................................2 2.2.1 Past and Current Discoveries ........................................................................2 2.2.2 Future Prospects.............................................................................................4 2.2.3 Ethical Frameworks.......................................................................................7 3.Invasion of Privacy......................................................................................................................8-10 3.1 Technical Issues.............................................................................................................8 3.2 Ethical Issues.................................................................................................................9 3.3 Recommendations........................................................................................................10 4.Incurable Diseases.....................................................................................................................11-13 4.1 Technical Issues/Ethical Issues....................................................................................11 4.2 Recommendations........................................................................................................12 5.Eugenics and the Denial of Choice............................................................................................14-17 5.1 Technical Issues...........................................................................................................14 5.2 Ethical Issues...............................................................................................................16 5.3 Recommendations........................................................................................................17 6.Organ Cloning...........................................................................................................................18-21 6.1 Technical Issues...........................................................................................................18 6.2 Ethical Issues...............................................................................................................20 6.3 Recommendations........................................................................................................21 7.Genetically Modified Organisms (GMO) .................................................................................22-29 7.1 Technical Issues...........................................................................................................22 7.2 Ethical Issues...............................................................................................................26 7.3 Recommendations........................................................................................................28 8.Overpopulation..........................................................................................................................30-33 8.1 Technical Issues...........................................................................................................30 8.2 Ethical Issues...............................................................................................................32 8.3 Recommendations........................................................................................................33 9.Recommended Solutions...........................................................................................................34-36 10.Conclusion.................................................................................................................................37-40 10.1 Conclusion.................................................................................................................37 10.2 Future Aspect.............................................................................................................38 11.References.................................................................................................................................41-45 0. Executive Summary DNA engineering, whether it be related to  food and humans, has been a  controversial  topic in 21st  century. Since the first identification of genes in the mid-1800s,  scientists  have come very far. DNA, known as deoxyribonucleic acid, is a molecule that carries the genetic instructions used in the growth, development, functioning and reproduction of almost all known forms of life. Scientists have been able to map the DNA sequences of people as an indication of the individual.  Ã‚   Sequencing technology has been  proven  useful  in  many aspects. In this article, six subtopics will be discussed  including  genetically  modified organisms (GMOs), invasion of privacy, incurable diseases, eugenics and denial of choice, cloning,  and overpopulation. Gene modifications in the food industry led to better yields and pest resistance, but also raised the issues of safety and morality. Furthermore, gene editing could also be applied  to humans. Individuals could spend  a  reasonable amount of money to sequence their genome to identify  a  potential disease. Research  centers  also collect DNA samples to do medical researches about inherent disease. However, with the outside access towards an individual’s biological information, the issue of the protection of privacy is raised.  With modifying genomes inside of  humans and  food  to  treat inherent diseases and increase food yield, another problem arises: overpopulation. Sinc e the typical limiting factor of population growth is resources,  genetic technology would be a powerful tool to resolve the  food  and energy limitations.  This report will have six sections including  all six distinctive  subtopics. Within each of these sections, technical issues, ethical issues, and possible recommendations will be discussed.  Ã‚   The main technological advantage of DNA engineering is that it could reveal the biological information of people.  Scientists  could  not only  identify  genomic makeup,  but  they could also modify the sequence of  genes  which means they could change a certain individual’s biological identification, like a predisposition to a curable illness. A technical issue of DNA engineering in  the  food industry is that there may be possible health risks associated with GMOs. To improve yield of crops and other agricultural products, scientists  inserted new genes into plants through bacterial plasmids to provide advantageous genetic traits. A plasmid is a small DNA molecule, which can carry foreign genes  within a cell that is physically  separated from a chromosomal DNA and can replicate independently. The GMOs largely increased food yields and farmer profits, however, many suggest that GMOs have health risks  including food allergies, antibiotic-resistant bacteria, and farmer’s property rights. For humans, DNA engineering  may yield to experimentation with and subsequent health risks associated with cloning. Scientists can clone organs  using CRISPR  by  injecting human stem cells into pig embryos. However, it may result  in  genomic  endogenous retroviruses  which is a robust immune system barrier. The immune system  of  an  individual may  recognize the organ as foreign and would subsequently attack it.  Ã‚   As DNA engineering has the potential to cure  diseases,  extend  one’s lifespan, and  increase the yield of agricultural  products  through GMOs, overpopulation may start to become an issue. Overpopulation can result in water shortage, land shortage, decrease of quality of life and other environmental problems.  Ã‚   The ethical issues within the topic of DNA engineering is extensive. Economic controversy may occur when it comes to GMOs. Farmers may end up in  a  dilemma: either being forced to pay higher prices  for the engineered seeds of crops because science corporations have the patent, or being uncompetitive in the market because they have less yield of products.  Ã‚   DNA engineering also raises the issue of privacy. In recent years, DNA has gone from an academic research activity to a governmental commercial enterprise. When DNA samples are taken,  they are subsequently stored, allowing the chance of unauthorized access to  an individual's personal information consisting of entirely who  they  are.†¯ As a fetus’s genome is explored (without consent), the DNA testing may reveal potential incurable disease  when sequenced. Individuals may go to the hospital to screen for a flu but end up finding out that he is predisposed to an incurable disease. Telling a patient of a future, incurable illness that they may or may not suffer through is a tricky ethical question. It may violate the moral autonomy of the ignorant patient, yet hearing the news may cause excessive anxiety, depression, and hopelessness to a patient. With the current ethical issues surrounding  DNA engineering, four main recomme...

Argumentative Essay Introduction Example

An argumentative essay is a kind of written assignment where the author describes a problem or a situation and gives the examples of two contrasting opinions on the topic. One of the most important parts of the argumentative essay is an introduction. The introduction is the part that should interest the reader for the further exploring. In order to achieve this goal, it is vital to understand the structure and important points of the first part of the essay. Firstly, the introduction should contain a problem or question. This is the basis of any argumentative essay. Secondly, this type of a paper is about two opposite opinions on the particular issue. Therefore, the author should give the short description of them in the introduction. It is not necessary to call the arguments of both sides, but it must talk about the fact that there are different opinions. Lastly, the argumentative essay introduction example should contain a few words about the author’s opinion on the problem agreement or disagreement. The following passage is a sample of introduction from the essay on the topic Should people use animals for research?. Science experiments are one of the most authentic ways of obtaining knowledge about the world around. For instance, pharmaceutical companies are widely using animals as an experiment material, because it is believed that medication tested on animals can help to cure human. On one hand, there is an opinion that the use of animals is cruel and wrong from a moral standpoint. On the other hand, the opposite opinion is that science requires the small sacrifices for the great discoveries. In my mind, people should protect animals from the coming extinction and there are several arguments on the topic.

My Experience With Playing Basketball - 1550 Words

To most basketball is just a game but to me it is so much more. Playing basketball for over 15 years has taught me a lot about life and myself. Whether there is a crowd of people watching me or I am the only one in the gym, once I step on to the court my mind becomes free. There is something about an empty court, headphones in my ears, and the ball in my hands that makes me like I’m right at home. I met some of my closest friends for the first time on the basketball court. My coaches did not just teach me skills on the court but they also acted as father figures in my life. Playing basketball has taught me some of my greatest life lessons. The basketball court has been my second home. Not because I spend countless hours there but because it gives me an opportunity to express myself and escape from reality all while being with people I consider family. I first began playing basketball when I was just four years old. My dad signed me up to play in the city league. The a ge cut off for the league was July 1st. My birthday was not until July 17th so my dad had to lie to get me onto a team. He said that I was born on May 17th while he was signing me up for the league. While I do not have very vivid memories of playing for the first time, I do know that is was something I had wanted to try ever since my older brother began playing. My brother, Chris, is two years older than me. I have always looked up to him and still do this day. Growing up my brother and I wouldShow MoreRelatedMy Competitive Nature Of Sports978 Words   |  4 PagesPlaying intermural basketball was an experience like nothing I have been exposed to before. Our team consisted of 6 kids from various grades and ages. Playing an intermural sport allowed me to express my competitive nature in sports, grow friendships, and ultimately make memories that I will not forget and helped me complete my fitness goals. 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Colours in Othello Essay Example For Students

Colours in Othello Essay Racism-a topic which has always caused conflict throughout history whether it be during the Crusades between European Christians and the Muslim Turks, the Holocaust between the Nazi Germany and the Jewish people, or the slavery and segregation of black people in the United States. It is clear that racism is a serious issue in the play Othello by William Shakespeare as well. Considering the fact that Othello is a Moor, a black man who is married a black man who is also married to Desdemona, a white Christian woman, the stage it set for Shakespeare to explore the theme. Although Othello is highly respected for his achievements in war, his race plays a majour role in the play for it brings out the latent racism that was hidden among many of the characters, leaving the audience to ponder the significance of race. Throughout the play, many characters use racist language to describe Othello in moments of their frustration and anger. When Iago finds out that Othello secretly married Desdemona, he sees it as a great opportunity for revenge since Othello chose Cassio to become his lieutenant instead of himself. What a full fortune does the think-lips owe,/ If he can carryt thus! (I,i,65-66) says Roderigo demonstrating how he is offended to hear Othellos decision in choosing a person who is only theoretical and practically has no military experiences to become his lieutenant. The think-lips description is racist since it describes a dominant facial feature of a black man. He then visits Brabantio, Desdemonas father, with Roderigo and informs him about his daughters affairs with the black moor. This infuriates Brabantio, a very conservative Christian man, because during Shakespearean times, it was considered unnatural for a Christian woman to marry a black man. However, it is Iagos racist commentari es that are the key to what fully brings out Brabantios latent racism. Being a dissembler and having a mischievous mind, Iago is able to manipulate other people through this language and Othello does not question his honesty since he never uses racist language in front of the moor. Still, when talking to Brabantio, Iago says Awake the snorting citizens with the bell,/ Or else the devil will make a grandsire of you (I,i,90-91) demonizing Othello. oull have your daughter/ covered with a Barbary horse (I,i,110-111) says Iago, animalizing Othello as a North African horse before continuing with, our daughter and the/ Moor are now making the beast with two backs (I,i,115-116) which creates a graphic sexual image of Desdemona and Othellos sexual affairs inside Brabantios mind. This fires the fury within Brabantio and when he sees Othello, he says, Damned as thou art, thou hast enchanted her That thou hast practiced on her with foul charms,/ Abused her delicate youth with drugs or minerals that weakens motion I therefore apprehend, and to attach thee/ For an abuser of the world, a practiser/ Of arts inhibited and out of warrant (I,ii,63-79). Here, Brabantio is being racist since he accuses Othello of using foul charms and drugs to lure his daughter in marrying Othello and insinuation that Othello is like a stereotypical black man who must use the black arts. However, it turns out that the only witchcraft that Othello used was the stories of his life which Desdemona became empathetic to. In several parts of the play, Shakespeare uses black and white imagery in describing Othello. In the beginning of the play when Iago is talking with Brabantio, he says, Even now, now, very now, an old black ram/ Is tupping your white ewe (I,i,88-89) illustrating how the moor and Desdemona are having sex and their contrasting skin colours. Othello later points out Desdemonas whiteness as he watches her sleep before killing her and says, Yet Ill not shed her blood,/ Nor scar that whiter skin of hers than snow,/ And smooth as monumental alabaster (V,ii,3-5) meaning that he will not ruin her beauty by shedding her blood, but he also acknowledges Desdemonas whiter skin. He recognizes once again his difference in their colours and also thinks that if he scars her white skin, he will be tainting it like his own as though destroying the goodness still left in her appearance, if not also in her character. When Othello murders Desdemona for her infidelity with Cassio, Emilia says, O the more a ngel she,/ And you the blacker devil Thou dost belie her, and thou art a devil (V,ii,132-135) describing how Desdemona is like a white angel and how Othello is like a black devil. With this being said, the black and white imagery also relates to the good and evil contrast wince colours are very symbolic. White, which is often used to describe Desdemona is symbolic for purity and goodness, while black represents darkness and evil when describing Othello. .u15196be9217937a1e1c581a8e1b56710 , .u15196be9217937a1e1c581a8e1b56710 .postImageUrl , .u15196be9217937a1e1c581a8e1b56710 .centered-text-area { min-height: 80px; position: relative; } .u15196be9217937a1e1c581a8e1b56710 , .u15196be9217937a1e1c581a8e1b56710:hover , .u15196be9217937a1e1c581a8e1b56710:visited , .u15196be9217937a1e1c581a8e1b56710:active { border:0!important; } .u15196be9217937a1e1c581a8e1b56710 .clearfix:after { content: ""; display: table; clear: both; } .u15196be9217937a1e1c581a8e1b56710 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u15196be9217937a1e1c581a8e1b56710:active , .u15196be9217937a1e1c581a8e1b56710:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u15196be9217937a1e1c581a8e1b56710 .centered-text-area { width: 100%; position: relative ; } .u15196be9217937a1e1c581a8e1b56710 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u15196be9217937a1e1c581a8e1b56710 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u15196be9217937a1e1c581a8e1b56710 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u15196be9217937a1e1c581a8e1b56710:hover .ctaButton { background-color: #34495E!important; } .u15196be9217937a1e1c581a8e1b56710 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u15196be9217937a1e1c581a8e1b56710 .u15196be9217937a1e1c581a8e1b56710-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u15196be9217937a1e1c581a8e1b56710:after { content: ""; display: block; clear: both; } READ: Journey's End, what do you think makes a good officer EssayBy the usage of racist descriptions, and black and white imagery, it may seem as though Othello is not like by his peers; nonetheless, he is actually one of the most respected men of his society. Firstly, he is the Moor of Venice even though he is a black man. During those times, perhaps it was quite impossible for a black man to be in such high rank unless he was either unbelievably rich or had done something very heroic. Othello had earned his position in society for his valor and wisdom in the military. For instance, the Duke says, Valiant Othello, we must straight employ you/ Against the general enemy Ottoman ( I,iii,49-50) indicating him as being valiant and also relying on him in leading the war against the Turks in Cyprus by saying Othello, the fortitude of the place is best/ known to you; and though we have their a substitute/ of most allowed sufficiency, yet opinion, a more/ sovereign mistress of effects, throws a more safer voice on you (I,iii,221-226). It is also very important to note that it is the Duke who says this because a duke is a member of the nobility, historically highest rank below the monarch since being trusted by the Duke also helps Othello in his position of power. When Othello is about to leave the council room the senator calls to him Adieu, brave Moor (I,ii,290) showing how it is not just the duke who is fond of Othellos bravery. Even Iago, still irritated by not being chosen for lieutenant, admits He is a soldier fit to stand by Caesar (II,ii,116) describing Othello as a valorous soldier like Caesar. Thus, it is clear how Othello receives respect by the people even if he is a black man and this is how some people actually look at Othellos inside personality instead of his skin colour and race. Despite the fact that many characters use racist language such as animalizing and demonizing him as well as using black and white imagery which enhances the disparateness of Othello as a black man, it seems as though Othello himself is not offended by this even when they are said straight to his face. This is seen quite clearly because Othello uses black and white imagery himself and says name, that was fresh/ As Dians visage, is now begrimed and black/ As my own face when he is confused whether Desdemona is truthful and is struggling to figure out if he still loves her or not. This demonstrates how racism leads to self-loathing and makes people feel inferior to others and Othello himself probably decided not to bother whether his society treats him as a black man for he noticed that he will not be able to change how he looks from the outside, but rather he can only change who he is form the inside through accomplishments. This leaves the audience pondering whether it is race and ex ternal aspects of people or if it is internal aspects such as personality and the way a person lived their life that really determines a persons success in life. In the end, Iago knows what people really are, and his ability to unleash the latent racism in so many of the other wise noble characters is what leads to the tragic outcome of the play.

Reporting Practices and Ethics Paper free essay sample

Financial management is very crucial in today’s health care financial procedures. It is one the most important aspects of the financial health care. There are many assessments made- based the financial records and the business transactions that occur within the health care organization. It is crucial the financial records are kept up- to -date and they follow specific guidelines. The books kept up- to- date and in order, this will show the amount of money being brought into the organization for profit and the amount of money the organization has lost in profit. One thing that may cause the honesty of the organization to be on the brinks is the organization financial management and the correctness of the financial books. This paper is about information that will address financial reporting practices and ethics. It will address four financial management functions, summaries that accept accounting principles by generally accepted accounting principles (GAAP). We will write a custom essay sample on Reporting Practices and Ethics Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It will also give an example from an article that has reflected ethical standards of conduct and financial reporting. The basic four components of financial management are planning, controlling, organizing and directing and decision making. The preparation is responsibility for financial management to recognize the purposes of the health care organization. The planning step is to â€Å"set directions and allocates resources, the organizing step brings people and material resources together in working condition, the leading step inspires people to best utilize these resources, and the controlling step checks that the right things happen, in the right way, and at the right time† (Lombardi, Schermerhorn, amp; Kramer, 2007,). Controlling is the process of the financial management to ensure that each department of the organization are going by the procedures that was decided. The financial manager should have the reports available to study the most recent financial reports. The reports will help to select what department needs the most consideration to keep the organization going. Organizing and directing is the responsibility of the financial manager to decide in what way to make use of the funds of the organizations most efficiently. Resources such as assets will help the manager to ensure the goals of the healthcare organizations are accomplished. Directing is an everyday job provided that control and support. The final step in the element in financial management is decision making. Planning, organizing, and controlling is a correspondence with the decision making process. The choices will be by the financial manager based on evaluation, analysis and information. Generally accepted accounting principles is a set of financial recommendations used for financial accounting. The recommendations are for preparing financial statements and for setting standards for organizations accountants. According to Baker (2011), â€Å" One of the requirements of GAAP is that unrestricted fund balances be separated from restricted fund balances on the statements, so you see two appropriate line items (restricted and unrestricted) in the fund balance section† (p. 108). GAAP are the rules of accounting. Those guidelines are to arrange the reporting of financial statements that will include the cash flow statements, income statements, and the balance sheet. With the reply of these responsibilities, the Organization of Managing Bookkeepers declared principles of moral conduct for employees of managing bookkeeping and financial management. The principles take account for confidentiality, integrity, and competence. A person must maintain knowledge and the necessary skills is what includes competence. They must always maintain their professional responsibilities and duties in accordance with related rules, technical standards, and regulations. Confidentiality when one should not disclose confidential information, such as health records except when given the right authority to do so. Integrity has the responsibility not to engage in activities that would affect prejudgment, favors that will influence their actions and decision making. According to† Ethical Standards† (n. d),â€Å"Specialists of managing bookkeeping and monetarist managing partake an commitment to the community, their line of work, the institute they work for and themselves, to uphold the utmost principles of decent manner. Hewlett-Packard Company CEO, Mark Hurd turn out to be mixed up in the workplace. According to (Healthfield, 2012), â€Å"Mr. Hurd had failed to disclose a close personal relationship he had with a contractor that constituted a conflict of interest† . †Mr. Hurd also â€Å"failed to maintain accurate expense reports, and misused company assets. † This is an example that reflect ethical standards of conduct a nd financial reporting practices. Practicing accuracy end honesty will help continue the capacity to never misuse the financial systems, and abide by the laws laid out by GAAP. Organizations are providing their employees with the necessary training that will equip them as well as sustain the reporting practices operational but at the time use the similar procedures and show them new procedures. Fraud and abuse is something everyone know when being ethical. By using the GAAP guidelines, keeping the organizational ethics and policies would be free from abuse and fraud. By following the guidelines that comes from the GAAP, they can help prevent fraud and abuse from happening in the health care organization itself. These guidelines are there to help the organization benefit so they will always be ready in case there may come a time when they have to show their financial documents to a third party. Therefore in conclusion, it a major responsibility in financial reporting practices and ethics. Financial managers should implement the four elements of financial management in their reports to avoid fraud, abuse and the risk of breaking ethics. Managers should know how to plan, control, organize and directing and decision making. They should always incorporate the GAAP rules and regulations in order to avoid unethical rulings.