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,…

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 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…

Essay: Benefits of a Sugar Tax in Australia

Introduction and problem Sugar consumption is a serious problem globally. In our current food environment, it is too easy to eat too much sugar. Major sugar intake causes health problems such as obesity, diabetes, and tooth and gum problems. Obesity, a huge problem in our society, leads to diabetes, heart problems, cancer, and other diseases.…

The Causes and Impact of Brexit on the British Economy

Brexit refers to the referendum where Britons voted to exit from the European Union and this had implications for both EU and Britain. The essay will explain factor which contributes to Britain exit which includes national autonomy, Britain was paying more and immigration. Moreover, Brexit had a more negative impact on the economy of Britain…

Null hypothesis, Alternative hypothesis, P value and Z test

Null hypothesis: is the claim being assessed in a hypothesis.  For a claim to be a testable null hypothesis, it must specify a value for some population parameter that can form the basis for assuming a sampling distribution for a test statistic. Alternative hypothesis: The alternative hypothesis proposes what we should conclude if we find…