You are governor of a state. A very influential political group’s leader comes to meet with you, asking for more money to be spent on shelters for the homeless, on programs to help them get jobs, and on community mental-health programs. You know there is very little money in the state budget to help them with new programs. You also know that come election day you will need the group's help. Should you make a promise to the leader to help or not? Question: Identify whether the scenario poses a problem to solve or a decision to be made. Explain HOW and WHY you came to your answer?
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Scenario:
You are governor of a state. A very influential political group’s leader comes to meet with you, asking for more money to be spent on shelters for the homeless, on programs to help them get jobs, and on community mental-health programs. You know there is very little money in the state budget to help them with new programs. You also know that come election day you will need the group's help. Should you make a promise to the leader to help or not?
Question: Identify whether the scenario poses a problem to solve or a decision to be made. Explain HOW and WHY you came to your answer?
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- You are the medical director of a large long-term care facility with a primarily elderly resident population. The frail elderly are particularly vulnerable to influenza. In addition to providing the flu vaccine to residents, you would like to require that all health care workers in the facility receive the flu vaccine as well, to provide indirect protection to the residents who are at high risk for influenza. You have heard that some of the employees are unhappy with this plan. What should you do?You are required to select a well-established financial institution with a regional or international presence and assess key functions including risk management and compliance. You are to present a written report based on the following: Risk management framework – Conduct an analysis of the risk management process/ framework implemented at the institution (including risk assessment and risk control mechanisms). You are required to report on key risks that the institution is exposed to and explain aspects of the framework, emphasizing the effectiveness of the risk management strategies used. Anti-Money Laundering and Terrorist Financing Strategies – Discuss with examples, the institution’s approaches/ strategies to combat money laundering and terrorist financing issues. Statutory legislation and compliance - Explain the importance of financial institutions meeting regulatory requirements. Comment on specific legislation that the financial institution must be compliant with.You are a staff associate at a major public accounting firm and graduated from college two years ago. You are working on an audit for a small, non-profit religious publishing firm. After performing tests on the royalty payables system, you discover that for the past five years, the royalty payable system has miscalculated the royalties it owes to authors for their publications. The firm owes almost $100,000 in past due royalties. All of the contracts with each author are negotiated differently. However, each author’s royalty percentage will increase at different milestones in books sold (i.e., 2% up to $10,000 and 3% thereafter). The software package did not calculate the increases, and none of the authors ever received their increase in royalty payments. At first you can’t believe that none of the authors ever realized they were owed their money. You double check your calculations and then present your findings to the senior auditor on the job.Much to your surprise, his suggestion is…
- You are the Chief Privacy Officer of a midsized manufacturing company, with sales of more thanPhp250 million per year and almost Php50 million from online sales. You have been challenged bythe vice president of sales to change the company’s website data privacy policy from an opt-in policyto an opt-out policy and allow the sale of customer data to other companies. The vice president hasestimated that this change would bring in at least Php5 million per year in added revenue with littleadditional expense. How would you respond to this request? Do you think that people are more cautious with the use of information now that the Data PrivacyAct is in place in the Philippines? Explain your answerYou are a young, recently graduated attorney working part-time as part of the re-election campaign team for your midsized city's mayor. Several citizens have taken to writing strongly worded anonymous letters to the local newspaper voicing their disagreement over your candidate's actions in her initial term as mayor. The campaign manager has suggested that you file John Doe lawsuits against the most vocal complainers as a warning to others of what they can expect if they are too vocal in their disagreement with the mayor. The goal is to intimidate others who might be inclined to write negative letters to the newspaper. Do you think this tactic will be successful? Why or why not?According to the Constitution, the qualifications to become a US President are: Must be 35 years of age; Must be a natural born citizen or a citizen of the United States; Resident of the United States for 14 years.; This may have been a good idea in the 1700's and 1800's. However, in 2020 is this still a good idea? and What qualifications do you think a person should have to become the president of the United States?
- You are required to assess key functions including risk management and compliance for the Bank of America, and present a written report based on the Bank of America on the following in 2,000 words: Risk management framework – Conduct an analysis of the risk management process/ framework implemented at the institution (including risk assessment and risk control mechanisms). You are required to report on key risks that the institution is exposed to and explain aspects of the framework, emphasizing the effectiveness of the risk management strategies used. Anti-Money Laundering and Terrorist Financing Strategies – Discuss with examples, the institution’s approaches/ strategies to combat money laundering and terrorist financing issues. Statutory legislation and compliance - Explain the importance of financial institutions meeting regulatory requirements. Comment on specific legislation that the financial institution must be compliant with.Answer the questions based on the case.Alia is a salesperson in an electronics company. At a recent trade exhibition, she met asupplier that was willing to supply her company with a product on an exclusive basis (i.e.,available to her company only) that could offer in the business marketplace. The product inquestion has already been successfully developed and tested and – yet – is not being sold onthe market. Alia knows from speaking to the customers that there is demand for such a productand it would plug a gap in her company’s product portfolio and give the company a significantcompetitive advantage.Then, Alia approach the product management division with all her idea, and, to hersurprise, they are very unenthusiastic and reject the idea, stating “We always develop ourproducts in-house in this department – it would cost the company far too much to set up theprocesses to buy in a product from outside”. Questions.1. What Alia can do to argue or persuade the product management division…What is the main reason lenders pay borrowers' property taxes through a pre-paid escrow account? It prevents a tax lien from being applied to the home. The tax lien would be senior to the mortgage lien. It prevents the borrower from refinancing with another lender because they would lose all of their escrow funds. It allows the lender to earn interest on the pre- paid tax money as itsits in the account. It allows the lender to take advantage of corporate tax deductions.
- Your Task. As an assistant to the vice president in charge of fraud detection at Visa, you have been asked to draft a letter that can be used to respond to Blair Rhines as well as to other unhappy customers whose cards were wrongly refused by your software. You know that the program has been an overwhelming success. It can, however, inconvenience people, especially when they are traveling. You have heard your boss tell travelers that it is a good idea to touch base with the bank before leaving and take along the card’s customer-service number (1-800-553-0321). Write a letter that explains what happened, retains the goodwill of the customer, and suggests reader benefits. Address your letter to Ms. Blair Rhines, 68 Riverside Drive, Apt. 35, New York, NY 10025.You work in finance and your company is considering buying another company for $10.6 million. Your company does not have $10.6 million in cash and has asked you to evaluate different types of short-term and long-term financing opportunities. For this assignment, you will have to conduct research to see what options are available for short-term and long-term financing opportunities. Explain why you chose the option you selected and what the short-term and long-term effects of that option will be. Please be specific.You live in a small town and you need an attorney. Aunt Marcella has died, and you are the executor of her rather complicated estate. You need an attorney who is an expert at probate work to help you with probating the will. You could hire one of the two attorneys in your small town, or you could hire one of the hundreds of attorneys from the big city down the highways. Thinking like an economist, will you want to hire a small-town attorney or a big-city attorney to help you with this complicated estate, and why?