The Success Of A Company - 1706 Words

n operational arrange is significant to the success of a company. A well-designed structure arrange may be a roadmap for folks to perform the responsibilities expeditiously at intervals the organization. The operational arrange identifies the following: what task should be completed, the personnel accountable for finishing same task, the timeframe or point for finishing a task, and also the price associated to finish work. Select Few may be a staffing firm placed in sharer, Georgia. The corporate provides work force solutions for many businesses within the Savannah/Hilton Head space. Services embrace however not restricted to temporary staffing, temporary-to-hire, and direct rent services. The corporate operates underneath the leadership of a CEO. The decision-making method involves all levels of management, however the CEO has the authority to form the ultimate call for the organization. Organization has some one hundred twenty five workers that job along to deliver exceptional service to customers. Within the close to future, few would really like to expand operations by gap a replacement workplace in Columbus, South geographic area. Opening a second location may be essential element of our continuing success. To confirm that we ve the human resources, funds and avoid risk, we are going to prepare associate operational arrange. Below is that the company s structure chart with a short description for every position. Organizational chart The following shows an organizationShow MoreRelatedThe Success Of A Company943 Words   |  4 Pages For rapid growth of a company, there is a need for good decision making on the issues such as the culture of the business, staff hiring and spread of entrepreneurial culture among others. During his lecture, the CEO of the BOX Company, he reveals that the culture of the firm in all branches is essential to the success of the business. Such culture includes hardworking, accountability, rapid-acting and collaborative culture. However for one reason or the other, CEO and managers may find themselvesRead MoreThe Success Of A Company1707 Words   |  7 Pages Introduction An operational arrange is significant to the success of a company. A well-designed structure arrange may be a roadmap for folks to perform the responsibilities expeditiously at intervals the organization. The operational arrange identifies the following: what task should be completed, the personnel accountable for finishing same task, the timeframe or point for finishing a task, and also the price associated to finish work. Select Few may be a staffing firm placed in sharer, GeorgiaRead MoreThe Success Of A Company1706 Words   |  7 PagesAn operational arrange is significant to the success of a company. A well-designed structure arrange may be a roadmap for folks to perform the responsibilities expeditiously at intervals the organization. The operational arrange identifies the following: what task should be completed, the personnel accountable for finishing same task, the timeframe or point for finishing a task, and also the price associated to finish work. Select Few may be a staffing firm placed in sharer, Georgia. The corporateRead MoreThe Success Of A Company1169 Words   |  5 PagesThe success of a company relies greatly upon proper marketing. A company must have a proper mix of all elements and marketing efforts in order to produce desirable sales results. Product is one of the components used in the marketing mix to attract a company’s target market. In relation to the marketing mix product is defined as, an object or a service that is mass produced or manufactured on a large scale with specific volume of units. Determining the product or service and who it will be producedRead MoreThe Success Of A Company1967 Words   |  8 Pagesacknowledged as being successful. This paper is focusing on what success is for a company, the different areas that a company can achieve success, regarding the goals that are set, and through Coca – Cola‘s sustainability report will try to demonstrate which and how performance in dicators are used to form a successful organisation. DEFINE SUCCESS To define or measure success, firstly the organisational purpose must be decided. The purpose of a company is not always to become more profitable. Profit providesRead MoreThe Success Of A Company2409 Words   |  10 PagesPrior to 2003, Google was an unprofitable company that was looking for a stable revenue source. In 2003, Google launched Google AdWords, which is a program that allows businesses to advertise to people who search for things on Google.com. Almost overnight, Google went from being a simple search engine, to a highly effective advertising platform. â€Å"In 2008, Google reported to the SEC that it had generated $21 billion in advertising-driven revenue alone† (Willey, 2010). Making changes with an organizationRead MoreThe Success Of A Company3347 Words   |  14 PagesOrganisations are truly complex entities and for a company to be a success and provide a product or service to the best of its ability, the workforce need to be motivated, ambitious and determined to provide the highest possible quality work within specified time limits. There are numerous things that need to be acknowledged and handled within the organisations structure to ensure that staffs are happy and satisfied in the workplace, alongside the individual’s own personal goals and values. It isRead MoreThe Success Of A Company2183 Words   |  9 PagesThe success of a company is highly dependent on the workers associated with the company and their intellectual capital, it is what gives them the potential of becoming a leader. The word leadership ties numerous thoughts all being different. Many people see it as motivating a team of individuals and getting them to work toward a com mon goal. Whereas others see it as guiding a team toward a particular task. All these thoughts have a general sentiment which remains the same; leaders are ones who inspireRead MoreMeasuring The Success Of A Company1344 Words   |  6 PagesMeasuring the success of a company can be a grueling process if not done correctly. Taking a closer look at the strengths, weaknesses, opportunities, threats (SWOT Analysis), the price, product, place, promotion (The Four P’s), the microenvironment and the demographics can give the company a deeper view of how well they are performing. Each analysis supplies adequate information for the company to make modifications to better serve their target market. A firm addressing the strengths and weaknessesRead MoreDiversity For Success Of The Company1036 Words   |  5 Pagesdiversity is critical. Therefore, based on the extensive information offered touching on diversity in the workplace, I will be utilizing the book to draw on the ways the managers of an organization ought to handle the issue of diversity for success of the company. The article authored by Cox, bearing the recent trends in business globally, together with gender and ethnic diversity, which is on the rise, and forcing the managers to value of cultural differences. The article provides the essence of

Should there Be Regulations on Social Media Privacy for...

In recent years, the privacy issues on social media have aroused controversial debates. It was argued by Albarran that people are losing control over their personal privacy, given the rapid boom of social sharing (146). No matter what viewpoint one holds towards secrecy, it is undeniable that the intrusion of social media privacy has become so intense that should no one ignore the possible consequences: Users’ information is constantly exploited for commercial use, while privacy loopholes on social networking sites might also intrigue many safety issues, internet fraud, for instance. Youngsters, aged from 13 to 19, are arguably the biggest prey of the struggle of social media confidentiality, for they have merely no choices, but to live†¦show more content†¦In addition, safety awareness is low among teenagers. It is indicated by the Pew survey that only half of teenage respondents would keep their Facebook profiles private, while less than 10% claimed that they are hi ghly concern about third-party access to their data (Madden et al.). This provides concrete evidence that youngsters underestimated the consequences and the importance of protecting their privacy. Under no circumstances should there be tolerance for companies to monetize teenage privacy. Personal information should not be valued and put into business use without users’ consents. It is discovered that social media agencies are often motivated by business marketers to publicize user’s information in exchange of financial returns (Albarran 161). It is not hard to notice from the recent moves of social networking sites that teenagers have become the main targeted group of advertisers as a large profitable sector. In 2013, Facebook had loosened its’ privacy control over teenagers aged from 13 to 17, underage users were then permitted to post updates publicly as well as activating the â€Å"follow† function, indicating their information would be reached by third-parties unnoticeably and easily (Smith). Soon it received public skepticism that such amendments were catered for easier data mining for information agencies (Smith). It is also unacceptable that not only are advertisers taking advantage of teenage privacy loopholes, but they also conduct dataShow MoreRelatedEthics of Advertising1230 Words   |  5 Pagestremendous and powerful way of providing silent information as to how consumers should interact and present themselves. From the ethics class, we realize that the messages help us to see the meaning and possibilities in the things we purchase. It also helps consumers to liberate the direct meaning that lie below the surface of the products. For example, the Volkswagen advertisements have turned the automobile company into a social statement. Advertising has become a daily culture and companies are bombardingRead MoreSocial Media And Its Effects On Society1597 Words   |  7 Pagesthrown in the back of a vehicle. No one would have thought posting about how you were there earlier would provoke such a situation. After all, social networking is â€Å"safe† and â€Å"friendly.† Now, social media is defined as â₠¬Å"A form of electric communication through which users create online communities to share information,† according to Merriam-Webster Dictionary. Social networking began in 2004 and has sky-rocketed since, due to its sense of world connectivity in a mere moment. However, with this increaseRead MorePrivacy : Privacy And Privacy1509 Words   |  7 Pages Privacy advocates warn that many websites try to collect personal information from online users, but few guarantees how that data will be used. They say the federal government should establish standards to protect privacy online. But Internet businesses and others contend that they can safeguard users privacy without resorting to government interference. Law-enforcement agencies, meanwhile, favor government limitations on the use of sophisticated encryption technology, which makes online communicationsRead MorePrivacy : Privacy And Privacy1504 Words   |  7 PagesPrivacy advocates warn that many Websites try to collect perso nal information from online users, but few guarantees how that data will be used. They say the federal government should establish standards to protect privacy online. But Internet businesses and others contend that they can safeguard users privacy without resorting to government interference. Law-enforcement agencies, meanwhile, favor government limitations on the use of sophisticated encryption technology, which makes online communicationsRead MoreSocial Networking : Harmful Or Helpful1405 Words   |  6 PagesSocial Networking: Harmful or Helpful Introduction When you think of social networking what comes to mind? YouTube, Instagram, Facebook, Twitter, LinkedIn and Snapchat. They have similarities in that they make it easy to reach many individuals easily and quickly. Social networking sites and applications have given rise due to the popularity of the internet and the advancement in technology. There are many impacts on society due to social networking. Social networks can have a positive or negativeRead MoreHow Much Are Americans Hiding?1690 Words   |  7 PagesHow much are Americans hiding? With internet and social media, these days it is hard to hide any personal information.   It is as easy as searching a person’s name in Google to find out any information needed about a certain individual. This allows any records to be available to be seen online, and a person’s past to remain apart of their future, or their internet search. Europeans on the other hand, can hide whatever they want on the internet with the â€Å"r ight to be forgotten,† requesting Google toRead MoreThesis About â€Å"the Effects of Curfew Hours Among Teenagers†6647 Words   |  27 Pageswork study. INTRODUCTION History Juvenile Curfews Curfews are not just a product of todays contemporary society. Just as ancient histories influenced juvenile justice practices in the United States, todays curfews also have historical origins. The word  and enactment of curfews for minors in almost 3000 cities in the United States by 1900. It was not until  World War II  that they became a popular way to battle juvenile crime (Lester, as cited in ONeil, 2002). By 1995, 77% ofRead MoreReflection About Cyberbullying2116 Words   |  9 PagesGather Objective Data from Experience At Diakon Wilderness Center there is a social media/cyberbullying policy. The social media policy states that social media sites are prohibited at Diakon. If students access social media sites they will get a zero for participation for that day. Along with the social media policy is a cyberbullying policy. This policy states that cyberbullying is prohibited amongst students. also if students are found to by cyberbullying each other it will get directly reportedRead MoreLegal Drnc1953 Words   |  8 Pagescomputer. The Sheriff performed this task without Officer Narcissus’ permission or awareness. Upon examining what the computer had been utilized for, the Sheriff found that Officer Narcissus had regularly logged into Facebook as well as other social media sites. The Sheriff, also, deduced that the department computer had been utilized to procure items for sexual and hunting activities. Accessing Officer Narcissus’ Facebook page, herself, the Sheriff stumbled upon a ll of the postings Officer NarcissusRead MoreCritical Analysis Of Legal Regime For The Better Future Of Children Essay6622 Words   |  27 Pagesremains that children remain a part of the disadvantaged minority group even today as far as realization of human rights and social justice are concerned. This is primarily because children are generally physically, mentally and economically defenseless. In this age of globalization the care of children has completely taken a backseat, thus, affecting entire value system, social and economic needs, jeopardizing the very future of the humanity. The marginalization takes even a much worse turn when the

The Economics of Audit Quality Samples for Students-Myassignment

Questions: 1.Identif hazards that relates with Auditor Autonomy.2.Identify any safeguards to the above-mentioned threat.3.Discuss about the Involvement of risks with the Spare-Parts Inventory.4.Discuss Audit risks and Impact on Account Balance. Answers: 1.Identification of hazards that relates with auditor autonomy An Auditor is required to go behind the generally accepted standards of auditing at the time of setting up the evaluation of an accounting business (Zadek, Evans Pruzan, 2015). In addition, a sovereignty of the Auditor provides information about the independence of an in-house or an outdoor auditor from parties having the monetary importance in operational proceedings that are required to be assessed in the course of use of fair means. It is indispensable for an auditor to take autonomous actions from the users when the review makes accessible decision and will not get influenced by their links. It is conventional from an examiner to present unbiased and honest expert outlook after testing the reports of the financial statement of the transactions and gives clarification it to the patrons and the shareholders. In the first condition, there is a provision of an appropriate elucidation on the services of non-audit where there are contributions of services available by the examiners to their patrons. In the given case, these services of non-audit nature are offered in replacement of supplementary income or the other types of non-monetary benefits. Auditors engaged in services of non-audit nature leads to sovereignty destruction at times, when they grant services to the patrons. There is a range of consequences of non audited services in the given segment where audit value is slowed down and gets dissatisfaction from the shareholders and managers at the same moment. In the mentioned state of affairs, the art of sponsorship is a severe danger to independence present for an assessor above all in the given circumstances. Additionally, sponsorship means a situation where an auditor gives estimation on audit but the sponsor feels that the superiority has been chiefly negotiated. Accordingly, auditors using the services of sponsorship at the time of providing opinions on audits will be bargaining philosophy characteristic and that doubtingly have a result on sovereignty to an auditor. In the second case, it is important to understand the fact that self-motivation and enthusiasm of an auditor gets scarce extremely when they start taking financial and non-financial return that are not righteous. These arrangements are in accretion to the decided fees that are obtainable to the auditor at the time of forming an audit report. In a number of cases, it is notable that auditors get together profits that are not wherever written in the conformity or commitment of audits that have a consequence on the autonomy of an auditor. The third case shows that the other half, siblings, close relative, and other dependents of the auditors move in the direction of the members of family (Westwood, 2013). Furthermore, the financial attentiveness fits into place assurance of debt, ownership and long-term or short-term securities. As a result, if Michael admits the tender for being a constituent of the team of audit, there will be an imposition of peril to the independence of an auditor. In the fourth case, it is important to be grateful for the data that there is hopeful relationship between client, officers, human resources and managers who in fact get biased by the risk in a given business surroundings of the forthcoming clients (Miles et al., 2014). It was essential for the evaluator to carry on the suitable services as it encloses the mandatory tax calculations on passing of the journal entries ending at the date 30th of June 2015. 2.Identification of any safeguards to the above-mentioned threats In the given segment, it is well-known that the forbidden services are set up by the clientele and the evaluator who are carrying on the representation of the services that discuss their independence (Sherif, 2015). The measures are discussed as below: The rotating activities of the audit partners is one of the major form of assessment in situations where there are functions used (Arruada, 2013). It reveals the certainty about the rotating system in cases where a partner of audit joins in getting relieved of the danger over the data and the authenticity. A well-organized committee of audit will assist in keeping clarity in the judgment of the audit. It is necessary to have a group of sound and skilled auditors who have the indispensable belongings for examination of the independence (Kgapola, 2015). It is liability and responsibility of an auditor to work hard in coordinated surroundings so that there can be a purpose for ongoing principles of high excellence in the outlook of audit. There must not be any prejudiced relations. They should be transparency and one must make available an opinion of audit that would be proper and reasonable, to the clientele (Modugu et al., 2016). There must be a following of the righteous principles that are contained in the Standards of Auditing, by the auditor and also present under the Ethical Codes. There must be a following of the high quality independent standards of an international nature for the decrease of the complications involved in a given audit process (Iqbal Qureshi, 2012). 3.Involvement of risks with the spare-parts inventory There has been a compulsion in the supervision of the threats that has an occurrence from the spare part inventories and in the given situation, the management of the stock is not fortunate enough and has a requirement of the appropriate notices at the given point of time. It is necessary for the business on subject matter relating to administration of the jeopardy factors so that risks are examined and take the leading steps to decrease the peril as much and when possible. Some of the risk that is required to be known by the commerce includes the risks of the health and safety, marketable risk, and risk of goodwill. Attainment of the spare-parts and other tools fall under the categories of the risks of trading that are necessary to be evaluated at the time of the conducting of the audit. There are two types of viral risks and one risk is the strategic risk that has no connection to the conduct with the trade guidelines and selection of actions. This danger involves the choice on over what is wrong and what is accurate with the particular commodities as well as market. It is indispensable for any organization to make use of accomplished managers those giving correct judgment on daily issues that subsist at the working place. The stock of Spare parts must be managed by the connection through expending more on the behavior of the financial administration. It is essential for any business to spending in money matters for operating the stock that relates to potential failure. The failure of the downtime must be taken under consideration as has a relation with the management of the danger in the course of using of enormous amount obtains at the related time. The additional threat documented is the risk of operations that is in a direct line connected to practical downtime. Furthermore, the peril is anxious with specific policy after having reliance upon the levels of the decision-making process. Every business organization should be appropriately setting up the ideology of strategic administration and bring out in the most appropriate approach. The management of the danger is important because it requires to be recognized as the best and suitable policy that has the ability to correctly define, the subject matter as and when suitable 4.Audit risks and impact on account balance It is very important to be familiar with the realism that connected threat is associated with the danger of an inbuilt nature. This danger in reality takes place due to any omission or error that is demonstrated in the statement of finance as it shows out a diversity of features after excluding the same to administer dissatisfactions. There is complex subject present after the viewing of the hazard and surroundings of business where it is required to commence a high phase of ruling in case of budgeting about the economic projections. In the given situation, there is contrasting involvement of risk that has a broad power and scrutinizes at the balance between the amounts of the receivable of accounts. Few reports really depict the transactions that are tremendously connected with the internally associated hazards like risk that is connected to the administration of inventory. The most noteworthy risks be considered by the business enterprise are the operational risk and detection risk. Most of the times, it is seen that an organization carries out study and test of substantive dealings in the functional proceedings. In the given case, the assessor assesses the danger after reviewing the accounting balances and connecting at an equivalent time, with the accountant. These events in realism have an whole and greater effect on the balances with the dealings of accounting (Soh, Leung Leong, 2015). References Arruada, B. (2013).The economics of audit quality: Private incentives and the regulation of audit and non-audit services. Springer Science Business Media. Iqbal, N., Qureshi, M. (2012). Improvement of key problems of software testing in quality assurance.arXiv preprint arXiv:1202.2506. Kgapola, M. P. (2015).Professional accountants perspective of skills required to move into management position(Doctoral dissertation). Miles, M. B., Huberman, A. M., Saldana, J. (2013).Qualitative data analysis. Sage. Modugu, P. K., Ohonba, N., Izedonmi, F. (2012). Challenges of auditors and audit reporting in a corrupt environment.Research Journal of Finance and Accounting,3(5), 77-82. Sherif, M. (2015).Group conflict and co-operation: Their social psychology(Vol. 29). Psychology Press. Westwood, S. (2013). My Friends are my Family: an argument about the limitations of contemporary law's recognition of relationships in later life.Journal of Social Welfare and Family Law,35(3), 347-363. Zadek, S., Evans, R., Pruzan, P. (2013).Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge.

Business and Management Free-Sample for Students-Myassignmenthelp

Question: Explain Major Domestic and International Contextual Factors and how they Affect Business Structures and Strategy. Answer: Business and management are interrelated with each other. Application of effective management techniques assists the personnel of companies and organizations to carry out the business activities efficiently. For the achievement of efficiency in business activities, raw materials are a crucial factor (Gollenia, 2016). Within this, adherence to the integrated structure helps the personnel to create and develop effective plans. Involvement of the employees, stakeholders and shareholders within this process helps the personnel to ensure the effectiveness and feasibility of the proposed plans in terms of the identified and the specified requirements. Maintenance of consistency in the execution of evaluation brings to the forefront the potential drawbacks in the products and services. Exposure of spontaneity in rectification of the drawbacks reflects the corporate attitude of the personnel (Weske, 2012). Herein, lays the true essence of the aspect of management. All these aspects seem true for Westfarmers. Theoretical framework provides a clearer understanding about the basic concepts related to the management of business activities. One of these theories is the contingency theory, which compels the managers to put on their thinking caps in terms of taking decisions for the betterment of the companies and organizations (Fadun, 2013). Maintaining pace with the current trends is an important proposition of this theory. This alignment helps the personnel of Westfarmers to maintain their position within the Australian market. Involvement of the employees, stakeholders, shareholders and agency partners in the decision-making process proves beneficial for Westfarmers in ensuring the effectiveness of the proposed plans in terms of the identified and specified requirements (Wong et al., 2014). Along with the contingency theory, systems theory proves beneficial for Westfarmers in terms of achieving successful completion of the business activities. Viewing it from other perspectives, systems theory helps the personnel of Westfarmers to ensure the presence of defects within the devices. This reflects the consciousness of the personnel towards bestowing productive energy to the buyers. Hiring experts for detecting the presence of virus attacks or hacking interventions is an indication of effective utilization of systems theory by the Westfarmers personnel. Delving deep into the functionality of Westfarmers, for the production of efficient and productive energy, technologically advanced machines are required (Zhang Wang, 2012). Negligence in this direction deprives the Westfarmers personnel from getting uninterrupted current flow for manufacturing efficient energy resources. This negligence is also an obstacle in terms of ensuring the smooth functioning of the internal parts o f the devices. On the contrary, market research in terms of getting the advanced machines. However, ensuring financial flexibility is crucial for adopting mahines, whih aligns with the modern tehnology (Jeston Nelis, 2014). Evaluation of the seleted device helps the personnel to ensure the effectiveness and applicability of the selected device in terms of the identified and specified requirements. Maintenance of consistency in the execution of evaluation brings noticeable improvements in the performance of Westfarmers. Exposure of consistency towards the evaluation upgrades the status of the Westfarmers in terms of enjoying competitive advantage over the contemporary brands. One of the noticeable facts within this is the adherence and compliance to the competitive policies, which helps the Westfarmers personnel to indulge into fair trades, transactions and deals with the contemporary brands (Fleischmann et al., 2014). The fairness in the earlier sentence aligns with the factor of quality, which is one of the major factors for attaining customer satisfaction. In order to manage the business activities, Westfarmers personnel abide by an integrated structure. As a matter of specification, within the management come components, such as sales, operations, finance and human resource management. Finance is an agent, which aters to the effective management of sales operations and human resource management. Flexibility in the financial aspect helps the Westfarmer personnel to introduce prospective schemes, offers and discounts for the buyers. Simultaneously with the success, failures also find its way. Countering this, emerging successful in overcoming the failures, qualifies Westfarmers as leader within the brands struggling for a firm place in the competitive market of Australia (Becker, Kugeler Rosemann, 2013). The effective coordination between the functional units of the departments is the keystone towards managing the crisis period. The major drive behind this is the compliance to the risk assessment process, which is assistance towards re ducing the intensity of the potential risk factors. Identification of the risks and their causes solves half of the problem. Application of known solutions further eases out the process of risk assessment. In case of failures, application of alternate solutions reflects the conscious attitude of the Westfarmer personnel in terms of ensuring the wellbeing of the customers (Weiss, 2014). Along with this, rating the risks projects the confidence of the personnel towards reducing the intensity of the risk factors. Emerging successful in this direction adds value to the roles and responsibilities of the managers. Involvement of the employees, stakeholders, shareholders and agency partners in this risk assessment process helps the organizational personnel in terms of ensuring the effectiveness of the implemented solution for carrying out the business activities (Rosemann Brocke, 2015). Herein, lays the conjoined significance of business and management. Adherence and compliance to the ris k assessment process is an additional assistance in terms of reducing the instances of harassments, discriminations, conflicts among others. Apart from risk assessment, training forms an important component for Westfarmers personnel in terms of managing the business activities. Frequent training programs improve the grasping power of the employees on the basic management skills. Providing training to the employees on the operation of the devices brings efficiency in the business activities of the organization. Taking post-training tests enables the managers to test the capability of the employees to make practical application of the learnt skills in the workplace operations (Dumas et al., 2013). Moreover, trainings also prove essential in handling the emergency situations in an effective manner. Provision of adequate motivation and encouragement by the managers generates an urge among the employees to expose better performance. Maintenance of consistency from both sides in this context results in the exposure of professional performance of the Westfarmers personnel. Conscious attitude towards the reduction of carbon and smoke emission enhances the corporate social responsibilities of the organization (Chang, 2016). As a matter of specification, boycotting the utilization of carbon footprints in the manufacture of the energy resources proves advantageous for the organization, Westfarmers in mitigating the health hazards of the customers. This action expands the reputational status of the organization into a widespread one. Exposure of consciousness in this direction uplifts the corporate attitude of the personnel. This results in the establishment of professionalism in the workplace of the organization (Hutt Speh, 2012). Provision of safe and comfortable workplace to the employees results in the outpour of creative output, which takes the organization, Westfarmers to achieve high growth rate and a sound profit margin. Adoption of social media helps the organization, Westfarmers to expand the business. Putting the news of the newly launched devices makes the investors aware of the organizational issues. The means of social media supports the organization to increase the trafficking of the audience towards the brand image (Aalst, 2013). Levying authentic information to the customers, agency partners enhances the brand awareness of the organization. One of the noticeable features about Westfarmers is the effective management of human resources. Provision of training on the effective and judicious utilization of the organizational resources adds efficiency in the business activities. Viewing it from other perspective, this efficiency contradicts the issues of inadequate stock of raw materials. Attaching the concept of soial media here, advertising authentic information about the recruitment process systematizes the management of human resources (Rglinger, Pppelbu Becker, 2012). Herein, management and business can be placed in an equal alignment, which establishes relevancy with the requirements of the discussion. Emerging successful in overcoming the challenges attains a different connotation towards management. Herein, the statement, Failures are the stepping stones of success, becomes tautologically true. Dedication and commitment towards upgrading the services adds color to the steps, which leads to the path of success. On the contrary, negligence in this direction aggravates the hardness of the stones, which detach the organization from the identified and specified business requirements (Hutt Speh, 2012). Herein, lays the interplay with the phases of success and failure of the organization, which adds value to the discussion. On the other hand, this interplay can be aligned with the organizational capability to restore lost glory and honor within the competitive ambience of the market. Different parameters of management helps Westfarmers broaden the perspectives of the managers. Risk assessment brings to the forefront the areas on which training needs to be delivered to the employees. Effective and judicious utilization of the provided training adds efficiency in the business activities of the organization (Chang, 2016). Within this, utilization of the means, such as, social media acts as a promotional activity for the organization in terms of achieving large scale ustomer satisfaction. Specifically, execution of marketing mix supports the organization to align with their mission, vision and core values. Consciousness of the personnel in this direction adds to the organizational culture, which provides a better placement to the organization within the Australian market. References Becker, J., Kugeler, M., Rosemann, M. (Eds.). (2013).Process management: a guide for the design of business processes. Springer Science Business Media. Chang, J. F. (2016).Business process management systems: strategy and implementation. CRC Press. Dumas, M., La Rosa, M., Mendling, J., Reijers, H. A. (2013).Fundamentals of business process management(Vol. 1, p. 2). Heidelberg: Springer. Fadun, O. S. (2013). Risk management and risk management failure: Lessons for business enterprises.International Journal of Academic Research in Business and Social Sciences,3(2), 225. Fleischmann, A., Schmidt, W., Stary, C., Obermeier, S., Brger, E. (2014).Subject-oriented business process management. Springer Publishing Company, Incorporated. Gollenia, L. A. (2016).Business Transformation Management Methodology. Routledge. Hutt, M. D., Speh, T. W. (2012).Business marketing management: B2B. Cengage Learning. Jeston, J., Nelis, J. (2014).Business process management. Routledge. Rglinger, M., Pppelbu, J., Becker, J. (2012). Maturity models in business process management.Business Process Management Journal,18(2), 328-346. Rosemann, M., vom Brocke, J. (2015). The six core elements of business process management. InHandbook on business process management 1(pp. 105-122). Springer Berlin Heidelberg. Van Der Aalst, W. M. (2013). Business process management: a comprehensive survey.ISRN Software Engineering,2013. Weiss, J. W. (2014).Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers. Weske, M. (2012). Business process management architectures. InBusiness Process Management(pp. 333-371). Springer Berlin Heidelberg. Wong, W. P., Tseng, M. L., Tan, K. H. (2014). A business process management capabilities perspective on organisation performance.Total Quality Management Business Excellence,25(5-6), 602-617. Zhang, P., Wang, C. (2012). The evolution of social commerce: an examination from the people, business, technology, and information perspective.