Expaib what BFOQ is. Provide two of examples of questions that violate your understanding of the ethical questioning of BFOQ. How is it best to handle questions that violate the legal understanding of BFOQ in an interview?

DSM-5: Topics: Topic-- Assessment Measures, Other Conditions that may be the Focus of Clinical Attention, and Cultural Formulation Interview, 715-727 & 733-759. explain what this chapter is ?

Question # 2.   

You are the external auditor of Suleman and Stock Ltd. The CEO, Ahsan Suleman, has contacted you because the company is considering setting up an internal audit department for the first time and he is looking for some guidance as to what is required for an effective internal audit department.

Required:

Explain the key considerations Ahsan Suleman should consider when setting up an internal audit department.

A shareholder's group is lodging a protest against your company. The shareholder's group claimed that the mean tenure for the chief executive office (CEO) was at least 10 years. A survey of 21 companies reported in the Wall Street Journal found a sample mean tenure of 9 years for CEOs with a standard deviation of s=5.3 years. Test whether this is significant evidence that the mean tenure is less. (Please use calculator not table)

You have been hired as a controller of Hughes Co., a small but growing business that manugactures high end electronics distributed through retail superstores. You plan to prepare the current-year budget based on the previous year's actual revenues and expenses. The company has never had a formal budget.

Write a memo to the CEO justifying the need to establish a formal budget. Discuss the advantages and disadvantagers of the budget process.

List the following information of Camping World Inc.

CEO:

President:

CFO:

Are any of the above names famous? If so who and what are they known? What were some reasons for the stock price to fluctuate besides the usual stock market conditions. List specific examples reasons that help the stock price rise (tailwinds) or caused the stock to drop (headwinds). In at least 300 words write your recommendations for this company.

A. A company produces steel rods. The lengths of the steel rods are normally distributed with a mean of 162.4-cm and a standard deviation of 0.6-cm. For shipment, 16 steel rods are bundled together.
Find the probability that the average length of a randomly selected bundle of steel rods is less than 162.6-cm.
P(¯xx¯ < 162.6-cm) =

B. A company produces steel rods. The lengths of the steel rods are normally distributed with a mean of 246.8-cm and a standard deviation of 1.1-cm. For shipment, 24 steel rods are bundled together.
Find the probability that the average length of a randomly selected bundle of steel rods is greater than 247.3-cm.
P(¯xx¯ > 247.3-cm) =

C. Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 149000 dollars. Assume the standard deviation is 39000 dollars. Suppose you take a simple random sample of 77 graduates.
Do not use probability tables to find the probabilities below as they may not be accurate enough.
Find the probability that a single randomly selected salary is at least 144000 dollars.
P(X > 144000) =
Find the probability that a sample of size n=77n=77 is randomly selected with a mean that is at least 144000 dollars.
P(¯xx¯ > 144000) =

Please reply to DIscussion 1 and Discussion 2 in your own words:

Discussion 1: Virgin Atlantic Airways positions itself as a very high-quality airline. Their mission to deliver high quality and exception service is, in my opinion, not reflected on its website. The website depicts Virgin Atlantic as a fun, cool airline to fly with. Much of this vibe is from a direct influence from Virgin Records. David Aaker, author of Strategic Market Management goes on to describe Virgin as “a feisty, fun-loving, rule-breaker” (2014, p. 158).

Virgin Atlantic Airways is known for being a first mover in innovation. Virgin was the first airline to offer individual TV screens for its passengers (Virgin Atlantic Airways, 2018). In 2008, Virgin was the first airline to power a commercial jet solely on biofuel (Virgin Atlantic Airways, 2018). Despite Virgin’s features, it is committed to keeping its prices reasonable.

Virgin Atlantic Airways brand-building program is unique. Richard Branson, founder of Virgin Records and Virgin Atlantic Airways, has continuous used the money received from Virgin Records for signing popular artists and used it to build Virgin Atlantic Airways (Virgin Atlantic Airways, 2018). This influence of money from a previous business is why more brands cannot emulated Virgin’s brand-building programs.

Discussion 2: Virgin Atlantic Airlines brand identity is associated with “its image of service quality, value for money, being the underdog, and having an edgy personality” (Aaker, 2014, pg. 158).

No, all potential dimensions are consistent within their brand identity. They are a company who through their consistent innovation and caring attitude coupled with the exceptional ways they find to deliver their customer service have stayed completely inline with their brand identy.

The identity has been brought to life through the personality that the brand has emulated. Virgin Atlantic has a personality that “spans some extremes, from competent to a feisty, fun-loving, rule-breaker” (Aaker, 2014, pg. 158).

Virgin Atlantic has many proof points. Virgin Atlantic goes above and beyond at providing superior service to its customers to include “sleeper seats, in-flight massages, limo service, individual TVs” (Aaker, 2014, pg. 158). They provide more value for your money by offering a little more bang for your buck, “Virgin’s Upper Class is priced at the business class level, mid-class offered at full-fare economy prices…” (Aaker, 2014, pg. 158). As the underdog, they join markets who have large brands that have been around for quite some time. They position themselves as a company who “cares, innovates, and delivers an attractive, viable alternative to customers” (Aaker, 2014, pg. 158). Much of their “edgy” personality has been accredited to founder and owner Richard Branson and his own colorful personality.

More brands should emulate Virgin’s brand-building programs. That may be easier said then achieved. The company’s brand identity seems to stem heavily from Richard Branson who has successfully immersed his own values and personality into the core culture of the company. This would be a difficult thing for other brands to copy if they do not have similar attributes within their company’s wheelhouse.

Find an article on a company that has experienced financial fraud. What are some of the key points of the article? What did you learn after reading this article?

Explain to us what the company should have done differently. Be sure to reference the website and the company

4. Sky Metals, Inc. is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of industries. The firm’s motto is “If you need it, we can make it.” The CEO of Sky Metals recently held a board meeting during which he extolled the virtues of the corporation. The company, he stated confidently, had the capability to build any product and could do so using a lean manufacturing model. The firm would soon be profitable, claimed the CEO, because the company used state-of-the-art technology to build a variety of products while keeping inventory levels low. As a business press reporter, you have calculated some ratios to analyze the financial health of the firm. Sky Metals' current ratios and quick ratios for the past 6 years are shown in the following table: 2010 2011 2012 2013 2014 2015 2015 Current ratio 1.2 1.4 1.3 1.6 1.8 2.2 2.2 Quick ratio 1.1 1.3 1.2 0.8 0.6 0.4 0.4 What do you think of the CEO’s claim that the firm is lean and soon to be profitable?