Thursday, February 20, 2020

Communication, Conflict and Decision-Making Essay

Communication, Conflict and Decision-Making - Essay Example At this juncture, we will acknowledge that communication meets some barriers, which hinders effective delivery of information to the intended parties. Unsuccessful communication results in conflict of opinions or ideas among the involved parties. In communication, conflict results when there is a dissonance or incompatibility of ideologies and beliefs held by the parties involved. Although conflict may results in both negative and positive consequences, this social dissonance may enhance maturity of social skills among the involved individuals. Conflict management entails employment of mechanisms that facilitate development of positive consequences from a social disagreement. Effective conflict management exercises enhance learning among members of a society on how to handle incompatible opinions in future. Conflict management incorporates the aspect of decision making in solving an underlying problem. A conflict ends after one or both parties involved select the best course of actio n from the available alternative courses of action (James, 2009). From a theoretical perspective, conflicts form an inherent element in social relationship. Within any given social setting, people subscribe to different beliefs and values in life. Therefore, conflicts arise in any society comprising of members with varied philosophical patterns (Erich, 2011). Courtesy of cultural norms, individuals possess natural mechanisms meant to facilitate conflict resolution processes whenever a conflict arises. Effective communication forms the basis of conflict resolution mechanisms. It is through a health conveyance of information between two parties that a conflict reaches a positive end (Stacks & Michael, 2008). I applied some theoretical elements of conflict resolution in past social experiences unknowingly. As a student, I usually fall into conflict situations with friends and

Tuesday, February 4, 2020

The Threat of Fraud Assignment Example | Topics and Well Written Essays - 1250 words - 1

The Threat of Fraud - Assignment Example This causes considerable losses to companies and executives. Identity theft can be managed by ensuring stronger internal control and monitoring systems such as using the RCSA, encrypting sensitive data, and obtaining insurance for the executives. A workshop organized to sensitize executives on fraud would include a participatory and self-assessment session to monitor uptake of information by attendants.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Identity theft refers to the act of stealing or gaining another person’s identifying and personal information such as a social security number or credit card numbers by unauthorized means and using or having the intention to use the information fraudulently (van der Meulen, 2011). The first step in protecting executives would be to get insurance in the director and officer insurance form to cover against loss of wealth and associated assets. An executives signature can, for example, be used to fraudulently get a binding agreement with the company, which would be detrimental to the company such as using the executive’s identity to access credit lines, which are not approved. The company would need to ensure it and its and executives are under the Merchant Risk Council which is a group of over 7 800 merchants, financial institutions, law enforcement agencies and vendors who work together to enhance cyber frauds, for example, fi nancial institutions would have to call the company before processing a credit card application. Of course, improving cybersecurity at the business would be a viable step. Cybercrime occurs when three principal factors are present; opportunity, rationalization, and pressure as the fraud triangle shows.