Functions of Management are Evolving in Todays Business Environment Research Paper

Functions of Management are Evolving in Todays Business Environment - Research Paper Example The contemporary managers are anticipated to take lead in the development of sound business solutions, as well as the eventual development of the considered business working policies. This has been weighed against the performance policies adopted by the firm. Contemporary managers have proceeded to create an atmosphere for idea brainstorming as well as the pooling of knowledge. This attribute has been used to steer the firm towards its considered path of success. This is unlike the policies adopted by the traditional managers who were deemed as the source of the policies with the staff being anticipated to proceed with the enactment policies. The role of managers in the shaping of the ethics has been mapped along both the implementation and the oversight. The managers have been anticipated to presume the lead in the development of the respective ethics policies, as well as their implementation. The managers take the initiative of implementation the ethics policies. This allows the rest of the staff an opportunity to be considered on the benefits of the respective policies, as well as considering the contribution they stand to offer towards the bettering of the workplace. The managers allow for the development of this reflection. Additionally, the concept of illustrating the guide for the rest of the employees remain best described via the actions of the managers. The Managers allow for the reflection of the model that is anticipated to be expressed in character reflection. Additionally, the managers are anticipated to be keen on ensuring that the rest of the staff remain committed to the ethics policy adopted by the firm. This is with respect to the prospective role they presume in the guiding of the considered staff. The managers are tasked with the promotion of the adopted habits in the workplace. Ethics comprise of such habits and govern the behavior of the respective employees. The staffs operate under the guidance of the managers, hence their contribution to the shaping of the behaviors of these persons.

Securities Markets 2 (Assignment) Assignment Example | Topics and Well Written Essays - 2500 words

Securities Markets 2 ( ) - Assignment Example The parent company of CAO is China National Aviation Fuel Group Corporation (CNAF), which is the largest state owned enterprise in PRC region (Prima Professional, n.d). The parent company is a well-known aviation transportation and logistics service provider in PRC. CNAF owns 51% of total shares that are issued by CAO. The year, 2005, was not at all good for CAO, since it had to face a loss of $550 million (China Daily Information Company, 2007). The situation led to the collapse of the institution, until it was revived by its parent company. The facts that are learnt from performance of CAO, regarding valuation of derivative, are elaborated in this section (Ernst & Young Global Limited, 2014). The CAO, in the initial period of their business, â€Å"traded in over-the-counter (OTC) swaps and exchange-traded futures† for protecting their business from risks associated with procurement of oils. The company purchased and sold risk free options on behalf of airline companies, who are their clients. So, there is a good source of income for CAO from the bid-ask spread, without exposing the company to vitality of the oil markets. During the third quarter of 2003, the company started to conduct options trades as speculators for earning profit from constructive market movements, which was observed in the oil-related commodities market. The company had started trade on the belief that oil prices will move upward. The trading strategy indicated purchase of call option and sale of put option simultaneously (Amato and Gyntelberg, 2005). Thus, it created a synthetic long position in the oil market, without purchasing the commodity outright. When price of the oil increased, the ca lls, which were purchased earlier, exercised at a profitable rate. The puts were not exercised and the company profited from premiums, which were collected from the options at the time of sale (IBS Case Development Centre, 2010). The put that were sold in the security market were not