Shane Whitebone is getting to know his new client, Clarrie Potters, a large discount electrical retailer. Ben Brothers has been the engagement partner on the Clarrie Potters’ audit for the past five years, but the audit partner rotation rules have meant that the engagement partner has had to change this year. Shane discovers that toward the end of last year, Clarrie Potters installed a new IT system for inventory control. The system was not operating prior to the end of the last financial year, so its testing was not included in the previous audit. The new system was built for Clarrie Potters by a Montreal-based software company, which modified another system it had designed for a furniture manufacturer and retailer. Which of the following audit risks are associated with the installation of the new inventory IT system at Clarrie Potters?

A. Whether the new system accurately processes transactions

B. Whether staff are changing passwords regularly

C. Whether there is limited access to posting journal entries

D. Whether the system can be overridden or bypassed by management or staff

E. Whether there is adequate backup

F. Whether there are sufficient controls over program changes

G. Whether there was the appropriate transfer of information from the old IT system to the new system

H. Whether the new system produces sufficient management reports (e.g., exception reports) to show that the client is monitoring its performance

Assignment 2: Developing your Leadership Philosophy.

Hello Students!

As aspiring nursing leaders and managers it is pivotal to have a leadership philosophy. Carter (2020) suggested that a leadership philosophy is essentially a belief system that guides your decision-making. It consists of your core principles, perspectives, and values. When you define what they are, and use them to shape a leadership philosophy statement, your behaviors and decisions will remain consistent.

For this assignment, choose a leader in Africa, using the assignment description below, discuss your philosophy of leadership following the steps outlined.  

Step 1: Select an admirable historic leader from.

1. Identify what you admire about this leader. Be specific.
2. What traits make them stand out?
3. What have they done or are doing to be an admirable, respected leader?
4. What type of working relationships have they built?
5. What are their exceptional leadership attributes and imperfections?

Step 2: Define your theory, attitude, principles, and behavior

think through 3 to 5 leadership elements you believe to be true in your heart and soul. For you, these elements are irrefutable right here, right now. Based on your experiences to date, you believe these 3 to 5 elements to be critical to leading effectively and productively. By belief I mean, these are elements you believe to be true about people, culture, and community.

Please answer the multiple choice question. Only choose one answer choice. Then write an IRAC answer about the issue that is being tested.

Peter built a small pond in front of his house for his prize koi fish. The pond was visible from the sidewalk. To keep people and animals away, Peter constructed an eight-foot high chain link fence between the sidewalk and the pond. One day, Stewie, a six-year­ old who lived next door, struggled over the fence to get a closer look at the koi. When Stewie bent down to "pet" a fish, he fell into the water, hit his head on the bottom of the pond, and was rendered unconscious. Three minutes later, Lois, a passerby, saw Stewie floating in the pond, and climbed over the fence to rescue him. Stewie suffered permanent brain damage in the accident, and sues Peter for negligence. Which of the following statements is most likely correct? 

Because Stewie was a trespasser to whom Peter did not owe a duty of reasonable care with respect to the koi pond, Peter will prevail. 

Even though Peter owed Stewie a duty of reasonable care with respect to the koi pond, Peter's construction of the fence probably satisfied that duty. 

Because the koi pond was visible from the sidewalk, Stewie will prevail. 

Because Stewie did not appreciate the danger posed by the koi pond, Stewie will prevail.

The Chinese society revolves around something called Guanxi. Guanxi loosely translates as personal connections, relationships or social networks. It implies trust and mutual obligations between parties, and it operates on personal, familial, social, business and political levels. Having good, bad or no guanxi impacts one’s influence and ability to get things done The Chinese culture is much different than our own western culture and not understanding how to deal with Chinese people can hinder a business. Because of this, it makes good public relations with the locals extremely important for a successful business.

Because BASD Pharmaceuticals is only looking to penetrate China with one product right now, a strategic partnership makes the most sense. BASD could enter the Chinese market relatively quickly while having a local presence for Chinese citizens to do business with and trust as one of their own. This would allow BASD to do a lot of research and in-field testing for future endeavors in the Chinese market as well. A strategic partner would also help limit the liabilities if something were to go wrong with the partnership and provides an easier exit than a wholly own subsidy would offer. BASD will be able to infiltrate the Chinese market with their calcium channel blockers through the partnership of a local Chinese company, one who would already be well known in the community and who already has relationships built with customers.

please explain in further detail

Northstar is a manufacturing company based in Toronto. They are in the early phases of building an enterprisewide information system. The information system is being built by their own in-house IT specialist. You are one of the company’s leading knowledge workers and you are involved in the system development. You and the other knowledge workers have been working with the IT specialists to help them better understand what you need from the new system. The IT specialists were initially eager to work with you but they soon lost interest in the business details. The knowledge workers complained to management that their needs were not thoroughly reviewed and that they were not asked for their approval before the project went to design. Before the iT specialists could begin to fully develop the system, management insisted that they get the knowledge workers more involved. Reluctantly, the IT specialists allowed the knowledge workers to review their project design. What the knowledge workers found was a system that had gone well beyond its original intentions, did not thoroughly respond to the knowledge workers initial requests, and was designed without any input from knowledge workers. Management has decided that the project needs to restart and that the IT specialists work closely with the knowledge workers. Management will also receive daily reports from knowledge workers. How would you as a knowledge worker ensure that the same mistakes are not made again. Use the key terms and concepts from your textbook in your answer.

Mr. Paul has been working as a mechanical engineer in a well-known oil and gas firm, Toyo Engineering, for 15 years. Toyo Engineering has been awarded with a project to design and build a ship for use in offshore installation works in Terengganu, Malaysia. Due to Mr. Paul’s excellent project management skills, the company has appointed him as the Project Manager for this particular project. As a Project Manager, Mr. Paul has to deal with various vendors who are bidding to be the potential suppliers of the various items in the to-be-built ship. He has to keep close relation with all vendors to ensure that the supply of equipment and materials are on schedule for the timely delivery of the ship. Since Mr. Paul has been working in the oil and gas field for about 15 years, it happens that some of the vendors are his friends who have been working with him previously in various projects.  

1. Identify THREE (3) most relevant BEM codes of professional conduct applicable in this case.

2. Identify TWO (2) possible ethical dilemmas that will be faced by Mr. Paul in his work as a Project Manager.

(c)       Analyze how Mr. Paul should respond and act in the ethical dilemmas that you have identified in Q1(b) above.

(d)       Outline the action to be taken by Paul in protecting his company interest while complying with BEM codes of professional conduct.

Write a function that receives a StaticArray with integers and returns a new StaticArray object with the content from the original array, modified as follows:

1) If the number in the original array is divisible by 3, the corresponding element in the new array should be a string ‘fizz’.

2) If the number in the original array is divisible by 5, the corresponding element in the new array should be a string ‘buzz’.

3) If the number in the original array is both a multiple of 3 and a multiple of 5, the corresponding element in the new array should be a string ‘fizzbuzz’. 4) If all other cases, the element in the new array should have the same value as in the original array.

Content of the input array should not be changed. You may assume that the input array will contain only integers and will have at least one element. You do not need to check for those conditions.

Below is the starter “skeleton” code for this problem, on which the implementation must be built. Methods defined in the skeleton code must retain their names and input / output parameters. Variables defined in skeleton code must also retain their names.

def fizz_buzz(arr: StaticArray) -> StaticArray:

"""

TODO: Write this implementation

"""

return StaticArray()

# BASIC TESTING

if __name__ == "__main__":

# example 1 source = [_ for _ in range(-5, 20, 4)]

arr = StaticArray(len(source))

for i, value in enumerate(source):

arr[i] = value

print(fizz_buzz(arr))

print(arr)

1. Answer the following questions for each of the three situations outlined below:
   1. What is the good or service being consumed? Does its consumption create externalities? If so, what they are and are they positive or negative?
   2. If the example involves externalities, identify who creates the externality and who benefits or suffers from it.

#1--Antibiotics are becoming less effective as bacteria evolve, a process accelerated by overuse of antibiotics by doctors. Nevertheless, a “survey of physicians showed they were most likely to choose the broadest spectrum [antibiotic] to treat pneumonia, despite guidelines to the contrary; contributing to resistance rated lowest among seven determinants of their choices. (The Milken Institute Review, Third Quarter 2012)”

#2--An AP article (Yabba Dabba Don’t, AP, April 7, 2019) reported on a house built by a rich retiree in Hillsborough, a posh suburb of San Francisco. The house is “…an elaborate homage to “The Flintstones” family…The bold, bulbous house is surrounded by Stone Age sculptures inspired by the 1960s cartoon, along with aliens and other oddities...” The town says the property is “an eyesore.” The resulting controversy “has sparked…an online petition signed by thousands to preserve the attention-grabbing property, visible from a nearby highway….”

#3--Avocados have become increasingly popular in China, Japan, and Canada, and some avocadoes that used to be exported to the United States are now sent to these other countries.   Prices for avocadoes in the US have increased dramatically as a result, causing some restaurants to add a surcharge on orders of guacamole.

Question 2 A manager is trying to decide whether to build a small, medium, or large facility. Demand can be low, average, or high, with the estimated probabilities being 0.25, 0.40, and 0.35, respectively.

A small facility is expected to earn an after-tax net present value of just $18,000 if demand is low. If demand is average, the small facility is expected to earn $75,000; it can be increased to medium size to earn a net present value of $60,000. If demand is high, the small facility is expected to earn $75,000 and can be expanded to medium size to earn $60,000 or to large size to earn $125,000.

A medium-sized facility is expected to lose an estimated $25,000 if demand is low and earn $140,000 if demand is average. If demand is high, the medium-sized facility is expected to earn a net present value of $150,000; it can be expanded to a large size for a net payoff of $145,000.

If a large facility is built and demand is high, earnings are expected to be $220,000. If demand is average for the large facility, the present value is expected to be $125,000; if demand is low, the facility is expected to lost $60,000.

Which alternative is best, according to each of the following decision criterion?

a) Maximin

b) Maximax

c) Minimax regret

Question 3 (40 points). Draw a decision tree for the three options described in Question 2. What should management do to achieve the highest expected payoff?