Tuesday, February 18, 2020

Interview Essay Example | Topics and Well Written Essays - 1000 words - 2

Interview - Essay Example The organization is committed to promote and reward safe behavior. In addition, the management of the organizations tries to educate all the employees in healthy and safety procedures. How do you manage health and safety of the employees within the workplace? Accidents and workplace hazards are always preventable. The organization works hard to improve the workplace safety performance to provide hazard free workplace environment to all the employees. The organization continuously gives priority to the good health and safety of the employees. Coca Cola Enterprise constantly monitors health and safety performance in order to ensure effective improvement. In addition, effective risk and hazard management process helps the organization to eliminate the possibilities and impact of several calamities and hazards. What are the initiatives that have been taken by the organization? The manufacturing and distribution sites of Coca Cola Enterprise avail several efficient representatives regardi ng the health and safety aspect of the employees. They management representative used to discuss about several aspects of occupational health and safety aspect in a committee or a meeting. It helps the representatives to organize and monitor effective OSHA programs. Each and every employee of the organization is treated in similar way. The organization has reduced lost time injury frequency significantly through these processes. How do you monitor workplace health and safety performance? It is true that health and safety performance is one of the major business indicators of Coca Cola Enterprise. The management of the organization generally reviews the performance of both corporate and site level. The safety manager of the organization provides the results to the senior management team on half-yearly basis. All of the manufacturing and distribution sites of Coca Cola Enterprise try to meet the safety and health management standards of both Coca Cola System and Coca Cola Enterprise. Moreover, these sites avail inclusive emergency response procedures. The organization already avails written codes of procedures, review processes and practice in order to ensure the compliance with the policies and regulatory requirement of the organization. In addition, all of the manufacturing and distribution sites of Coca Cola Enterprise have been certificated to the OHSAS 18001. What is the vision of Coca Cola Great Britain about health and safety in workplace? Coca Cola is one of the leading organizations in Britain. The organization always provides high priority to good health and safety of the employees. It is decided by the management that the organization will provide a 90 days of induction plan about health and safety policy to the new employees. Reflection and Learning It is clear from the above interview process that Coca Cola Enterprise in Great Britain gives superior priority to the health and safety aspects of the employees. Several leading organizations around the globe are trying to implement unique strategies to achieve potential competitive advantages. It is true that employees are the strongest assets of an organization. Therefore, majority of the leading global organizations try to retain their effective and potential employees. Potential and skilled employees are considered as the major business growth driver. However, Coca Cola Enterprise always tries to retain their effective employees by ensuring safe and healthy workplace environment. The federal government of US developed occupational health and

Monday, February 3, 2020

Financial Markets and Instruments Assignment Example | Topics and Well Written Essays - 1500 words

Financial Markets and Instruments - Assignment Example Under the regulatory instrument, emphasis is on the use f commercial paper by larger corporations or companies who have had the backing of an issuing bank, promising to make settlement for the quotation on the face of the commercial before or on the date specified. Like in most other financial jurisdictions, the issuance of commercial paper is not guaranteed by a collateral and so the need for strict regulations that ensure that such instruments on the money market are used only by corporations that have been rated with excellent credit rating status (Fombrun, 2012). 2. At different times in the economic management of the country, the government of the Kingdom has had the need to generate both long term and short term financing. As far as short term financing is concerned, emphasis has always been on the use of short term financing to take care of short term debt financing. One of the commonest instruments used in this case is overdraft, whereby it transmits cash that are beyond avai lable funds (Greenley and Foxall, 2011). On the long term also, the use of equity investment ranks as the commonest form of financing that the government undertakes. Often, this is done by targeting local industries and buying and holding shares of the stocks of such businesses for projected capital gains and dividend growth. Commonly, equity investment has been selected in cases where investments have been proven to have high information asymmetries and moral hazard (Drumwright and Murphy, 2001). 3. With a global rank of 40, the Macro Economy Meter (2013) rates the total outstanding debt of the Kingdom of Saudi Arabia as $134 billion. Of this total outstanding debt, the share of public debt has been calculated to be 12.9% of the gross domestic product of the country, coming up to $6.6 billion. According to the CIA World Factbook, the Kingdom of Saudi Arabia as of 31 December 2012 had a total outstanding external debt of $127.4 billion. By this, it means the government of the Kingdo m owed this amount to public and private entities that were nonresident of the country and thus repayment had to be done in either foreign currency, goods or services (Fombrun, 2005). Because these external debts are paid through foreign currency, they are calculated based on exchange rate base rather than the use of purchasing power parity terms. 4. Since 2001, the annual total value of new borrowing by the Kingdom of Saudi Arabia has generally been experiencing and upward rise trend. This means that the rate of borrowing done by the government has been increasing consistently by the year. In the graph below, it would be noted that but for the periods from 2003 to 2005, and 2008 to 2009, the annual total value of debt has been increasing, indicating a rise in new borrowing. Source: Marco Economy Meter (2013) Based on readings from the graph, McAlister and Ferrell (2012) have argued that the new borrowing that is done by the Saudi government on a monthly basis is US $1.2 billion, co ming up to an annual total of $14.4 billion. With this value, the debt-to-income ratio of Saudi Arabia has been estimated to be very high, leading to annual per capita income of $25,000. 5. The use of stripped coupons is not illegitimate in the Kingdom of Saudi Arabia but not a commonly preferred form of debt financing or financial capital generator. This is because in the use of stripped coupons, there are often two stripped parties, one of which receives the principle as zero-coupon bond when the bond is