A report on the accountability in Shell company in 4 areas of Research Paper

A report on the accountability in Shell company in 4 areas of accountability; describe and explain each of these selected issues and secondly describe how each issue is implemented Shell - Research Paper Example Shareholders are interested in knowing a firm’s financial position and whether it is able to earn adequate revenue so that their returns are maximized. Shareholders provide a business with capital, which is invested in valuable assets and are utilized in different ways. If a company does not utilise the capital effectively, it would fail in generating profits as well as in providing returns to shareholders. Similarly, suppliers are also interested in knowing whether a company is able to utilize the materials supplied by them and whether they are financially sound to make payments on time. Employees do not receive their salaries and wages on time if a company fails in generating adequate revenue. Also, they are affected if the firm pursues acquisition and merger related activities as this may lead to their shifting or loss of job. A firm also remains accountable to the society and the government in respect of its environmental policies and payment of taxes (Royal Dutch Shell Pl c, 2013). Globalization has induced complexity into the world of commerce. Companies are indulging in bureaucratic and unethical activities in order to sustain global completion and make profits. Corporate Social Responsibilities or CSR activities help in maintaining fair business practices and makes a company accountable in respect of its activities. Hence, firms are required to prepare CSR reports at definite periodic intervals. Such CSR reports are considered to be important in promoting business integrity, establishing proper regulatory framework and mapping efficiency of business authorities and senior management. For lawyers and accountants, CSR is largely a technical term involving only the accountability of a firm in respect of financial statements. CSR, however, is a broad term comprising several aspects such as, firm’s responsibility towards the society, environment, government and the common mass (Frynas, 2005). It is important

Managing Poor performance at the hospital( case study) Essay

Managing Poor performance at the hospital( case study) - Essay Example 32). This council helps implement government and healthcare practice standards mandated by the different healthcare professions involved in ensuring quality healthcare practice. The health professionals have a professional responsibility to deliver the best quality of care to the patients. These responsibilities, when delivered well, will reflect on standards of care achieved by the department and consequently reflect on the services offered by the hospital where the patient is being cared for. Managing poor performance in health professionals rendering care in hospitals is a difficult task for health managers who are left with the challenge of evaluating the causes of poor performance in the staff member/s and the possible solutions that may be implemented in order to minimize impact of poor performance on the department’s overall status. This case study will attempt to assess poor performance of a staff member in a sleep apnoea lab, and come up with possible management practices in dealing with poor performance in the delivery of healthcare services. About two years ago, while working as a respiratory therapist in a specialist hospital, the hospital management decided to open a sleep apnoea laboratory. The plan of the hospital was to have the lab be managed by the respiratory department. The head of the department, Aziz (not his real name) called for a meeting on this matter. We then discussed what would be needed in order to have the lab run smoothly and effectively. We decided that all staff members would take an in-service training on the machine that will be used in the lab. We trained under Dr. Mohammad in order to be competent in managing the machine and the lab in general. It took three months for the entire staff to train in the use of the machine and another month for the machine to be installed in the unit. Aziz discussed that a rotation timetable would be used in order to give everybody a chance to handle the