The Fraud Triangle: Explained

The fraud triangle is described as a system commonly utilized in making a comprehensive review to clarify the purpose of a person’s choice of committing fraud. The three significant components of the fraud triangle are (i) opportunity (ii) pressure (iii) rationalization.  Pressure In this context, pressure is the ultimate motivation for committing a crime. In…

Impact of COVID-19 on the Automotive Industry

The COVID-19 pandemic, which has been dubbed a “black swan occurrence,” has had a negative influence not only on people’s health but also on countries’ socio-economic activity around the world. To help flatten the epidemic curve, the governments of over 162 countries announced a complete shutdown of national and international borders, as well as travel…

How National Culture Elements and Dimensions Affect Business Performance

In today’s global society, there are significant national culture variations, which have an impact on how people conduct business. Many functional aspects of business such as pace of business, business protocol, decision making, risk-taking, and marketing are influenced extensively by culture. Understanding the culture of the people you’re interacting with is crucial to having successful…

Advantages of the European Union

European Union is an international non-governmental organization formed by the Maastricht Treaty on the 1st of November 1993. It was a treaty that was coined to enhance political and economic integration in Europe by; creating a common currency, designing unified security and foreign policy, unified citizenship rights, and advancing cooperation in the sectors of judiciary,…

Effects of Artificial intelligence (AI) on Society

Harbisson, Neil, “Humans Should Challenge Technology by Becoming a Cyborg”, New York Times, 05 December 2016, https://www.nytimes.com/roomfordebate/2016/12/05/is-artificial-intelligence-taking-over-our-lives/humans-should-challenge-technology-by-becoming-a-cyborg OP-ED In his newspaper opinion piece, (Humans Should Challenge Technology by Becoming a Cyborg), Neil Harbisson suggests that if we do not want technology to become more intelligent than humans, we need to become technology: i.e., cyborgs. Harbisson…

Change Management in an Organization

Introduction Change management plays a crucial role in an organization. Business organizations usually work to meet the needs of consumers through the production of goods and services. To ensure that sustainable profits are achieved in an organization, a positive change that affects all the critical areas in an organization should be embraced. While many modules…

How the New Labour Party Differs From Thatcher’s Conservative Party

The landslide victory of the New Labour party in 1997 was supposed to signal a socio-economic transformation in Britain that has been ruled for nearly two decades by the Conservatives. Britain had become a salient neo-liberal country in Europe and many had expected the winning social democrats to change that. Contrary to expectations, the New…

Impact of Deindustrialization

Deindustrialization has seen the decline of innumerable communities worldwide. The expected impact of deindustrialization is generally a decrease in employment in the secondary sector, a decline in the local economy and a shift towards the tertiary and quaternary sectors. An apt example of this effect can be seen in the USA’s “Rust Belt”, the deindustrialized…

How Canada Benefits from Globalization

Canada has gone from a colonial country to a continental superpower. It cannot be denied that globalization has been an internal part of today’s society. Globalization is a worldwide phenomenon, through the expansion of transportation and communication networks from post-World War 2. This allows countries and people to exchange information and goods more quickly and…

Organizational Structure: Flat and Tall Structure

Define Organizational Structure An organizational structure is a system of how certain activities are directed down in order to accomplish the goal or task of a certain organization. The organizational structure is a hierarchy which identifies the job and function of each level. Flat Structure One characteristic of a Flat Structure is that it has…

Essay: Drug Trafficking and its International Impact

International Drug Trafficking is rated in the top five of the most common crimes and top three for the serious impact it has on people and the economy positively and negatively. The sources that have used have been peer-reviewed and each of them explains the different kind of impact International Drug Trafficking offers not only…