Tuesday, December 31, 2019

Social Welfare And The Environment Essay - 1084 Words

In this article, professor Stenzel draws a conclusion that more and more companies are focusing on social welfare and the environment by these CSR programs. In detail, three main factors, the developing concepts, large companies’ participation and the evaluation and review system, motivate more companies to focus on social welfare and environment by CSR programs. Before the terms related to social welfare and environment have been clearly defined, many companies in the U.S. and other international companies have realized that they have kinds of social responsibility and duties to improve the whole society. During their early attempts, the concept of Corporate Social Responsibility (CSR) has been adopted, and most of companies are engaging related affairs, such as improvement of communities, development of economics and extra benefits to the workforce. However, these companies are lacking of guideline and standards until the appearance of voluntary programs. They provide a standard and guideline for these companies, not only motivating companies to achieve their CSR goals but also regulating the basic principles of CSR. Programs, such as â€Å"ISO 14000 International Environmental Standards, the Global Reporting Initiative, and the Dow Jones Sustainability Indices† (Stenzel 397), developed certain standards and guideline for companies t o follow. Many companies regarded the core of CSR as the protection of environment, which is simply focusing on decreasing the pollutions. In theShow MoreRelatedChild Welfare Services Is A Social Work1740 Words   |  7 PagesChildren thrive in predictable and consistent environments that allow children to feel safe and secure. Children require and parents have an obligation to provide children with the basic needs of food, shelter, and clothing. Children need to experience a childhood filled with love, warmth, and positive interactions along with experiencing a childhood that is free from abuse and neglect. The reality is that not every child is provided with an environment that fosters a child’s needs, parents are notRead MoreClassification Of Employees On The Base Of Quality Of Work Life1472 Words   |  6 PagesQuality of Work Life The application of factor analysis by principle component method derived Eight factors of QWL, namely, Organizational Climate Culture, Work-Life Balance, Working Environment, Welfare Measures, Compensation of Employees, Participation in Decision-Making, Opportunity for Growth Development, and Social Relevance of Work. The perception of Employees over these 8 factors is classified into heterogeneous groups through k-means Cluster analysis. The results of Cluster analysis are presentedRead MoreArguments for and Against Corporate Social Responsibility1004 Words   |  5 PagesWhat is corporate social responsibility? Give arguments for and against social responsibility? Ans. 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In 1958, social securityRead MoreThe Social Welfare And Import Trade Of Britain And China1322 Words   |  6 PagesTitle analysis: This essay will compare the social welfare and import export trade of Britain and China, and will evaluate the causes and consequences of the differences. In recent years, the import and export trade has been one of the factors of the rapid economic development of many countries, by increasing the production inputs, labour inputs and technology investment, and promoting economic development. At the same time, with the continuous development of economy, countries ensure the harmoniousRead MoreGlobalization and the Decline of the Welfare State1172 Words   |  5 Pages The idea that globalization and the welfare states can conflict comes from the fact that: while globalization is based on profit maximization, the welfare states main goal is to reduce, if not eliminate inequality, insecurity and poverty through proper redistribution of wealth mechanisms. The welfare state has to enhance â€Å"people’s adaptability, so that they, whatever their skills, can turn themselves from losers into winners through their own efforts† (Dennis J. Snower. Et al.137). The pointRead MoreCorporate Social Responsibility : A Company s Sen se Of Responsibility1366 Words   |  6 PagesCorporate Social Responsibility Corporate Social Responsibility refers to a company’s sense of responsibility towards the community and environment, in both ecological and social aspects, in which it operates. It may also termed as corporate citizenship and can involve incurring short-term costs that do not provide an immediate financial benefit to the company, but instead of this it promotes positive social and environmental change. According to Cheng (2014) many top executives as well asRead MoreThe Importance Of Child Welfare931 Words   |  4 PagesIn my opinion, child welfare is one of the most prevalent issues in social work today. Child welfare services were specifically designed to protect children from anything that could potentially harm them including: abuse, neglect, poverty and lack of resources among other things. No matter the circumstance, in child welfare the interest of the child is always the top priority. In certain situations, this could include removing the child from the home, but the preferred option is to help the familyRead MoreThe Welfare State and Government Responses to Economic Openness1668 Words   |  7 PagesThe Welfare State and Government Responses to Economic Openness I. Introduction Economic openness is the phenomenon in which individual economies from all over the world become increasingly connected and interdependent through greater liberalization of trade and the vast movement of goods, services, and capital across borders. With the rise of globalization, positive effects have resulted from economic openness. The widespread benefits of globalization have resulted in global economic growthRead MoreEvaluation Of The Alternative Of Economic Progress1397 Words   |  6 Pagesalternative to GDP is flawless, although there are alternatives that show considerable improvement. The Index of Sustainable Economic Welfare (ISEW), Genuine Progress Indicator (GPI), the Human Economic Welfare Indicator (HEWI), and Green GDP or Environmental Sustainability Indicator (ESI) are examples of alternatives to GDP. The Index of Sustainable Economic Welfare (ISEW) is a progress indicator that balances income distribution and pollution costs instead of adding up all expenses like the Gross

Sunday, December 22, 2019

Sociological Perspectives On Health And Social Care

Name: Amina Isa Ali ID: 845368 Unit 7: Sociological Perspectives in Health and Social Care. Tutor: Sharon Davis Date: 08/10/14 Time: 17:43 P1) In p1 I will be explaining the principle sociological perspectives in health and social care. Marxism: Marxism: In the 19th century, Marxism was inspired by two men Karl Marx and Friedrich Engels. These two men were German theorists who were living in Britain. The governmental professionals are of Marxists viewpoints and beliefs. Marxism has played a massive role in the influencing of many structural beliefs and many social movements. Marx’s view on social change is due to the struggle between different classes within society who are constantly competing with each other to improve their way of life and the condition that they are in. Marxists analysis leads to the conclusion that capitalism; the currently dominant form of economic management, leads to the oppression of the proletariat; who not only make up the majority of the world s population, but who also spend their lives working for the benefit of the bourgeoisie or the wealthy ruling class in society. Since the death of Karl Marx in 1883 his viewpoints have not been viewed not to be relevant. Many times since his death his viewpoints have come up as every new generation challenges the unequal, unjust and the people who support every capitalism system and each new generation looks for ideas and a method to change the world we live in. People who are classed asShow MoreRelatedHealth and Social Care - Unit 7 (P1P2) Principle Sociological Perspectives2289 Words   |  10 PagesPrincipal Sociological Perspectives P1 P2 The principal sociological perspectives are Functionalism, Marxism, Feminism, Interactionism, collectivism, postmodernism, ‘New Right’. Functionalist Approach Functionalism is a sociological approach that sees the institutions of society – which are sometimes likened to the human body, as the institutions, such as the police, hospitals, etc, work in union and they make specific contributions to the smooth running of society. Talcott Parsons (1902 –Read MoreThe Sociological Perspective On Medical Conditions1687 Words   |  7 Pagesbiomedical perspective is used to explain various medical conditions. This can include, but is not limited to using an individual’s body and pathogens to explain poor health. On a different note, the sociological perspective takes on a different approach to explain medical conditions. The sociological perspective focuses on the external influences, rather than then internal influences, such as the social environment, institutions, and relationships to assess and explain illness. The sociological perspectiveRead MoreMarxism and Health Care1239 Words   |  5 PagesHow does one theoretical perspective discussed in chapter two contribute to a deeper sociological understanding of health and health care? For many years sociological approaches towards health were not adequately utilised as a means of gaining an enriched understanding of concurrent physical and social issues relating to health care. The application of theoretical perspectives in reference to health emerged during the 1950’s and was commonly perceived as being empirical rather then theoretical inRead MoreMedical Sociology Is Usually Referred To As The Sub Branch1539 Words   |  7 Pagesand analyses the social causes and subsequent outcomes pertaining to health and illness (Cockerham, 2014). In this context mention may be made of the health status of individuals and populations that are not uniform and consistent thereby leads to inequity. The factors governing these disparities do not necessarily emanate from the genetic predispositions of the concerned person but is largely dependent upon factors impacted by the political and social forces of a nation, social and economic practicesRead MoreSociological Perspec tive On Health And The Health Care Essay1184 Words   |  5 PagesSociological Perspective on Health and the Health Care Overview The â€Å"Sociological Perspective on Health and the Health Care† introduced perspectives about social structure, and social relations. The readers learn the sociological theory and the main misconceptions related to health care, and their policies. It provides an explanation of the production and the distribution of health care services. Firstly, structural functionalism focuses on individuals and groups in society and how it maintainsRead MoreSociological Imagination Essay703 Words   |  3 Pagesï » ¿ Tierra Hodge Dr. Ngeo Boon Lin Intro to Sociology October 1, 2014 Sociological Imagination What is sociological imagination? According to C. Wright Mills sociological imagination is the ability to see how individual experiences are connected to the larger society. Sociological perspective enables one to grasp connection to history and biography. History is the background and biography is the individual’s specific experiences. C.Wright Mills came up with the idea that in order for one to understandRead MoreP1 Unit 71069 Words   |  5 PagesExplain the principle sociological perspectives. In this assignment I will be explaining some of the different sociological perspectives in today’s society. The sociological perspectives which I will be explaining will be Functionalism, Marxism, Feminism, and interactionism, Collectivism, Postmodernism and The New Right. The first perspective which I will be explaining will be Functionalism. Functionalism is the view that our society is based onagreed norms and values. A norm is social rules that defineRead MoreThe Sociological Perceptions Of Health And Illness1552 Words   |  7 Pagesis to describe the term health and to outline the sociological perceptions of health and illness. This essay also discusses about the various patterns of health inequality within society, and to evaluate the different perspective and views of health within our society. It will also provide a brief analysis of two different starts to the study of health and illness. This essay will then move on to examine different health pattern which are gender, ethnicity and class. Health has always been the dominantRead MoreSoc the Rise of Nurse Practitioners667 Words   |  3 Pagesfollowing issues which relates to the social organisation of health care: The rise of nurse practitioners Using a sociological perspective, write a paper which explains what health sociology can contribute to an understanding of your selected issue. The paper must use the following headings: Issue Description Provide a minimum 200-word detailed description of the health issue you have chosen. Theoretical Perspective Provide a minimum 500-word sociological analysis of the issue you have chosenRead MoreSociology and Psychology 823 Words   |  4 Pagesbehaviour from individual and societal levels. Sociology is a study of society social life, social change, and social causes and consequences of human behaviour and allows us to gain an understanding of the structure and dynamics of today’s society, looking at the interlinking links patterns of human behaviour. Sociology looks at the in which social structure and institutions affect our everyday life. Sociological imagination was founded by C. Wright mills in the 1950`s it is an overall understanding

Saturday, December 14, 2019

Compae Free Essays

Today the United States of America has a very large constructed government that has been influenced through the ages. The Greeks romans and Judeo-Christian traditions had the biggest impact on our government today though due to the way they began their governments. Greco-Roman and Judeo-Christian cultures had similar ideas about laws and individual duties that have influenced us today. We will write a custom essay sample on Compae or any similar topic only for you Order Now The Greeks just like United States use three branches of government, they carry out laws through their executive branch and the legislative branch passes laws. The leader was chosen by lot today the president is chosen by popular vote. Judeo-Christian, Greek and Roman cultures also had differences in their views of law, reason and faith and individual responsibilities. In Judeo-Christian law, reason and faith are based on the Word of God. They believe in only one God, saying he is the creator of all things. Greco-Roman beliefs dealt with more logic. Philosophers like Plato and Aristotle believed in a supreme God but this was because of mythology where the people preferred to create their own gods. As far as law and reason, in Greece; philosophy ruled and in Roman the opinion of Caesar ruled. Greeks viewed law as something that was developed by common sense and over time through civilized logic and experience. Jews and Christians viewed laws as coming from a god. The duties of individuals under Judeo-Christian view is to love the Lord your God with all your heart and all you mind and all your soul and to love your neighbor as yourself. Greco-Roman is that only Roman citizens are to be considered people and treated as people. Greeks considered those outside of Athens to be ignorant and not worth their time. These three cultures have influenced the way we think about laws even now today. We use the Judeo-Christians ideas about individual worth, ethical controllers, and the need to fight injustice. These ideals continue to be extremely important to United States government still today. This all taught us that representation and citizen participation are important features of democratic governments around the world. Romans were the first ones to give the world an idea of a republic. They had the first written legal code and idea that this code should be applied equally and impartially to all citizens. On the other hand the Greeks invented the first democracy in the ancient world. All in all these three cultures of Greek, Roman, and Judeo-Christian had one thing in common; they all influenced our government today. Even though all of them are extremely different and have different ideas based on law, faith, and tradition they are all a lot alike. They are all influential in positive ways and we owe it all to them for creating the government we have today in the United States. How to cite Compae, Papers

Friday, December 6, 2019

Requirements Terms Technological Process †Myassignmenthelp.Com

Question: Discuss About The Requirements In Terms Of Technological Process? Answer: Introduction Woolworths Limited in regarded as one of the companies having a vast retail interest throughout New Zealand and Australia. It as well follows particular IT strategy to carry out their business with the implementation of the modern technologies to carry out their work (woolworthsgroup, 2017). It is the most attractive supermarket based on the program of loyalty. It has the biggest chain of supermarket and it has its operations in 996 stores across the country Australia. It is considered the second largest company of Australia. It has specialty in grocery, which focuses on delivering the best quality based products to the customers. It is the house of favorite brands of Australia and they are committed in giving the lowest prices to Australians every day (woolworthsgroup, 2017). The aspiration of the group, which makes the customers and team to work safely together and safety, is termed as an important value and it makes sure that the business is carried out in a more systematic way th rough the implementation of the proper IS strategy (Van Broos, 2012). The mission of the organization is to deliver the value and quality to their customers. In order to fulfill the needs of the customers, the supermarket employ more than 21, 0000 team members who would be in the position to serve 30 million customers across the brands every week. Woolworths is also a trustworthy business partner of the local manufacturers and farmers. The Woolworths store in the world, which uses the registers of cash, gives its customers its print receipts (woolworthsgroup, 2017). To keep this nature of business in mind, it is important to discuss the structure of the governance and its policies in the organization (Van Broos, 2012). The important roles that are being played by the corporate officers in the organization. Along with this, it is significant to point out the governmental policies and structures, which reflects on the regulatory requirements. In what ways the organization addresses and mitigates risk. Lastly the impacts and internal changes in the organization, which might affect the working of the organization. Governance structure, process and policies Governance structure The Governance structure of the Woolsworth organization has set forth a number of important documents and policies (woolworthsgroup, 2017). The structure of the organization reflects on the working of the organization of Australia and how they accordingly carry out the processes of business. The Board Committees of the Woolworths group of Australia includes Audit Committee IT committee Compliance and Risk Committee Committee on Sustainability Ethics and Social Committee Committee of Nominations Committee of Remuneration Board Charter, terms of Governance and Reference Policies Governance process of Woolworths group The Boards act is regarded as an important custodian of the corporate governance which incorporates the ethical responsibilities and principles based on ethics, which drives a set of directions in a route where the specific areas of the governance are needed to be approached, conducted and addressed through the process of IS strategy (woolworthsgroup, 2017; Van Broos, 2012) . It has remained responsible to the transparency and accountable to the fundamentals that would give safeguard to the values of the stakeholders. The group contains a unitary board, which consists of 15 directors, among them ten is regarded as the directors of non-executive and five executive directors (Scholes, 2015; Tricker Tricker, 2015). Audit Committee: The function of the committee is to provide an overall view of the effectiveness about the controls of the internal financial matter, in order to give assistance the board in monitoring to understand the adherence of the Annual Financial statement of the company and the related external reports. IT committee: The role of the IT committee is to look through the proper capital projects and can make the proper development and implementation, which is related to IT. It checks the growth of the important indicators of performance which incorporate the delivery of the money (Slack, 2015). Risk and Compliance committee: The role of the committee is to give assistance to the board to set a direction about how risk would be approached and mitigated while embracing the inclusiveness of the approach of stakeholders Committee on Sustainability: The primary role of the committee is to give assurance about the strategies of sustainable developments position in the group as the leader in the retail where its presence is operational. It also makes sure that the initiatives based on sustainability, its objectives are properly taken into consideration into the functions of business, and to make sure the group operates in a more responsible manner while aligning with the needs of society. Ethics and Social Committee: The role of the committee is to make sure about the activities of the group which are intended to be responsible citizen of corporate world. To give assistance to the board of an ethical organizational culture, by overseeing the conduct of a group, its approach and the manner in which the business would be conducted (woolworthsgroup, 2017) Committee of Nominations: its basic role is to give assistance to the boards with nominations, elections and appointing the directors to make sure that a transparent and process of accountability to indicate the composition of the board and committee (Slack, 2015). Committee of remuneration: The significant role of this committee is to give assurance that the value proposition of the employee promotes responsible, transparent and reasonable practices of the employment while adopting the policies of remuneration. It also makes sure that the establishment of perfect framework of remuneration and also adopting the policies of remuneration (woolworthsgroup, 2017). Board charter: The deliberations of the board are to give guidance and support by the authority of delegations, both of which have been annually reviewed. The authority of deliberations set forth the matters of delegation by the board to its committees and the groups of the executive officers. Governance IT based policies of Woolsworth group Continuous Disclosure policy: It assists the company with its obligations under the act of Corporations Act of 2001 and the listing rules of ALX. It establishes a framework to allow the Woolworths to provide the market and shareholders with direct, timely and equal access to the information, which has to be relevant about the company. It promotes in the confidence in the investor while integrating with the Woolworths and its securities. Trading Policy: Trading with the organization follows Transaction Delivery Network, which is regarded as an important electronic document (woolworthsgroup, 2017; Bodie, 2013). The B2BE TDN also initiates the connection between the other B2BE solutions and products. The groups trading policy maintains and promotes the reputation of the company. The policy details out the law, which are related to the trading insider, and details of the requirements of the company is related to the dealings of both Woolsoworths and other companies. The policy applies to the group of directors, employees and officers, consultants as well as the contractors (Wintoki, Linck Neter, 2012). Safety and health policy: the organization cares about the safety and health of the customers, team members, visitors and the business partners. They follow the principles of actively showing care to each other, being responsible for the decisions, which are needed to be taken. The company looks forward to apply the risk management to prevent the illness and injuries (woolworthsgroup, 2017). The organization looks forward to align with the laws and the other external requirements. The organization as well looks forward to provide information, instructions on training and the supervision so that the members of the team carry out the work appropriately and safely. Also the organization makes sure that the safety and health information is available (Wintoki, Linck Neter, 2012). Communication policy: In addition to initiating a communication on the regular basis with the stakeholders through the use of websites, the company utilizes its Annual General Meeting (AGM) as an opportunity to engage with the companys stakeholders and seek their work on the companys management. Woolworths also provide stakeholders who cannot attend the meeting with an opportunity to give the questions when the meeting is in advance. The company through this policy also allows the stakeholders lodge their electronically proxies (Bodie, 2013). The corporate officers and their roles Gordon Cairns as Chairman: The role of the chairman is to manage and provide leadership to the Directors of Board of the company (Goetsch, 2014). He is accountable to Board and performs as a direct communication between the management of the company and the board, through the CEO. Brad Banducci as a managing director and CEO: The leadership of a CEO is ultimately responsible for the day to day decisions of the management and also implementing the long and short term plans of the company (Goetsch, 2014). It acts as a communication between the management of the company and board and communicates to the board on the behalf of management (woolworthsgroup, 2017). William Stone as IT manager: The company follows IS strategy which incorporate the human capital management, cost management, Management of hardware and software and also looks forward to mitigate on the risk management. He works closely with the budget of business and other departments of legal within the sphere of organization. Julian Broadbent as an Independent non- executive Director: He is not engaged in the management on the day-to-day basis, but he is involved in the process of policymaking. Addition to this, the directors who are non- executive has the responsibilities to incorporate the monitoring of the director and acting according to the interest of the stakeholders of company (woolworthsgroup, 2017; Carroll Buchholtz, 2014). Holly Kramer as an independent non-executive director: Its role is to create a contribution to the board by giving an oversight of constructive challenges to the directors. Kenneth Jones as policy maker must be engaged in the consultation process. The role of the policy maker is to procure information in a careful process through the process of consultation. The development of the policies inculcates the collection of the statistical information, chairing the forums based on discussions and trying to seek information from the outside of the organization. Richard Dammery as a Chief Legal Officer: A chief legal officer which started trading the company in order to minimize its risks by giving advice to the officers of the company and the board members on any types of regulatory or legal issues (Carroll Buchholtz, 2014). Regulatory requirements The Governance wants its vendors to align with their lawful obligations in every respect. This is a condition, which is based in supply. The standard of WQA is not determined to carry out its operation as a replacement for the vendor which gives assurance about the compliance with all the regulatory products based on safety labeling the requirements and compositional (Hall, Gardner Faraone, 2012). By rendering the standard of WQA, the organization cannot realize the Vendor from the obligations in order to comply, in the field of respects with those requirements, which are statutory. By following the act of Gramm-Leach-Bliley, it renders protection to the privacy and security about the customers and letting the customers not to disclose their information. The proper IT strategy is to maintain certain important points in mind (Hall, Gardner Faraone, 2012). To establish and implementation of the controls Give protection to the compliances issues. Identify and correct the deviations and vulnerabilities. Providing report which can give proof on the compliance of the organization. The references below would provide about an overview of the regulatory considerations for the business of Woolworths. FSANZ developed the standard of food and joint codes of practices with the industries which is covering the content about the food labeling which would be sold to Australia and New Zealand. The NMI implements the measures of trade in relation to Australia. Products for the consumers: Australia The TGA is the Therapeutic Goods Administration (TGA) which is providing safeguard to the public health and safety through the regulation of the medical devices, medicines, tissues and blood (Coffee et al., 2015). Australian Register of Therapeutic Goods, which stands for ARTG, is a database of computer of the goods, which are therapeutic. The Australian Pesticides and Veterinary Medicines Authority (APVMA) is an authority of Government who is responsible for assessing and registering the pesticides and the veterinary medicines for their regulation to incorporate the points of the sale of retail (woolworthsgroup, 2017). ACCC which stands for Australian Competition and Consumer Commission which is an authority of statutory which is responsible for ensuring the individuals and being compliance with the business with the competition of the commonwealth, protection of the consumer laws and a fair trading. The payment Card industry and the information of the cardholder security program (CISP) and the main purpose is to render protection against the exposure of the card holder which ensures the merchants, members and the service holders to control the information of the highest security standard (woolworthsgroup, 2017). The Governance structure of the organization reflects on the proper regulatory requirements and it also focuses on the fact that with the maintenance of the proper regulations with the channels of communication and rendering protection to the customers as whole. Risk Management The Board of the Woolworths Group accepts the responsibility for the risk of the governance. The Board takes into account about the risk management as an important business which incorporate Balancing of the risks and giving rewards to both new and existing initiatives Protection of the organization against any kinds of hazards and uncertainties. It takes into consideration about the exploitation of the opportunities which can bring improvements to the performances of the group. It focuses on the strategy, operational and financial risks. The responsibilities on the day to day basis have been identified and management of the risks stays with the management (woolworthsgroup, 2017; McNeil, Frey Embrechts, 2015). The management is responsible for the designing of the board, implementation and monitoring the system and the process of the risk management to unite with the activities on the day-to-day basis. The risk management has been decentralized into the operations of business functions. The management of risk has turned into a standardized discipline business and its application is consistent throughout the group (Wintoki, Linck Neter, 2012; McNeil, Frey Embrechts, 2015). The process of the risk management is added with the business and strategic planning which is embedded through the management of the organization, the performance of the system of the management and the reporting based on management. The operation under the terms of reference which has been approved by the board, the committee of the risk gives report to the Board which further elaborates on the risk which are deemed necessary for the process of discussion and the evaluation by the directors. The risk and compliance committees chairman are basis on the important issues to the Board and the risky profile is given on the table yearly (McNeil, Frey Embrechts, 2015) The framework of the risk management was processed and designed to give assistance to the board to give assurance that the monitor of the management continually risks and gives report back to the compliance committee of the risk on the basis of the status of risks. Information technology and Governance is responsible for controlling the governance about the other aspects of the IT, which incorporate the management risk and the compliances. The quarterly based IT report is discussed at each committee of the Risk and Compliance committee (woolworthsgroup, 2017; McNeil, Frey Embrechts, 2015). The framework of Governance, which is accepted internationally, made a confirmation that the maturity of the process of IT is desired with the levels of maturity. The assurance based on independence by the internal audit made a confirmation. The Group of the organization also made the progress is developing the appetite of the risk for managing the important risks that could be materially impacted on the business. Accordingly, the important metrics of risks have been grown with the integration of the important indicators which are clearly defined (Kaplan Mikes, 2012). Improvements Woolworths agreed on the three contracts to bring improvements in its business which is earning A$1.5 billion in the proceeds of gross as the biggest grocer of Australia revenue seeks for a return to the profitability (Laudon Laudon, 2016). The deal incorporates the selling of Woolworths hardware group and home timber to the smaller rival name Metcash for A$165 million. Woolworths is also looking forward to close down its sixty- one number of master properties and 20 sites of development to the group of investors in the Home consortium (Laudon Laudon, 2016; Easterby, Thorpe Jackson, 2012). The decision taken which means the management cans concenrate on the important business. According to the CEO of the Woolworths group, the agreement provides certainty to the masters team of the organization, customers and suppliers. It is considered as an appropriate resolution for the shareholders. The share of the Woolworths have nearly lost 30% of the value since the year 2014 (woolworthsgroup, 2017; Cummings Worley, 2014). The Woolworths needs to manage its inventory or else the shelves of the store cannot control the proper balance between the customer demand and the appropriate amount of merchandise and would fail to know the customer demand (Lam, 2014). In order to maintain the margin, the Woolworths group is needed to cut out its cost in order to satisfy the customers. The team of the process design must continue to engage the communication of business through the organization which is process centric and providing benefits to the different projects (Lam, 2014). The organization must focus on the return policies, analyze the complaints in order to reduce the problems for future use. Give training to the employees and must look forward to work with the customers in a much more professional manner. Conclusion: Therefore, to conclude it could be stated that Woolworths holding is a famous organization in the organization and it follows certain IT management strategy in terms of handling matters in the organization. It follows a systematic and proper structure which incorporate different committees and how each of the committee is carrying out their work. The process of the corporate governance likes to see forward about utilizing the IT management skills in terms of constructing policies and implementing them properly in terms of maintaining the proper guidelines of the organization. The corporate officers also play an important role while carryout the functions of the organization. However, the regulatory requirements follow the concepts of IT management while carrying out their working sphere smooth. Certain rules and regulations are being guided by the It management to carry out the smooth working of the firm. Next, it is been discussed how the organization would follow certain policies i n order to bring improvements in its sectors by developing a plan for 2- 3 years References Bodie, Z. (2013).Investments. McGraw-Hill. Carroll, A., Buchholtz, A. (2014).Business and society: Ethics, sustainability, and stakeholder management. Nelson Education. Coffee Jr, J. C., Sale, H., Henderson, M. T. (2015). Securities regulation: Cases and materials. Cummings, T. G., Worley, C. G. (2014).Organization development and change. Cengage learning. Easterby-Smith, M., Thorpe, R., Jackson, P. R. (2012).Management research. Sage. Goetsch, D. L., Davis, S. B. (2014).Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Hall, P. S., Gardner, P., Faraone, A. (2012). Antenna requirements for software defined and cognitive radios.Proceedings of the IEEE,100(7), 2262-2270. Kaplan, R. S., Mikes, A. (2012). Managing risks: a new framework. Lam, J. (2014).Enterprise risk management: from incentives to controls. John Wiley Sons. Laudon, K. C., Laudon, J. P. (2016).Management information system. Pearson Education India. McNeil, A. J., Frey, R., Embrechts, P. (2015).Quantitative risk management: Concepts, techniques and tools. Princeton university press. Scholes, M. S. (2015).Taxes and business strategy. Prentice Hall. Slack, N. (2015).Operations strategy. John Wiley Sons, Ltd. Tricker, R. B., Tricker, R. I. (2015).Corporate governance: Principles, policies, and practices. Oxford University Press, USA. Van Marrewijk, A., Broos, M. (2012). Retail stores as brands: performances, theatre and space.Consumption Markets Culture,15(4), 374-391. Wintoki, M. B., Linck, J. S., Netter, J. M. (2012). Endogeneity and the dynamics of internal corporate governance.Journal of Financial Economics,105(3), 581-606. woolworthsgroup. (2017).Woolworths Group: Quality Brands and Trusted Retailing.Woolworthsgroup.com.au. Retrieved 12 September 2017, from https://www.woolworthsgroup.com.au/