Enterprise Resource Planning (ERP) System Case Study

Enterprise Resource Planning (ERP) System Case Study   Discussion Questions What inspired Skullcraft to pursue ERP even though the company had just 26 employees? Solution An Enterprise Resource Planning system is an integrated system which helps the organization to manage its resources; inventory, procurement, supply chain, finance, human resource etc. are few of the many resources an ERP helps to manage. Although, the company had just 26 employees, an ERP system will enhance the managing of resources which is not limited to just human resources. The following facts will justify the implementation of the ERP system: The company was rivalling Sony in the U.S. headphones market with sales of up to $37 million. The company had around 200 to 300 percent annual growth rate. The business had to handle large amounts of transactions. The finance department was using Excel spreadsheets and Quickbooks to manage the books. Wide distribution of products. No product tracking through supply chain till ERP was implemented. In a nutshell, Skullcraft was a small business with transactions comparable to a big enterprise. Thus managing resources was getting more and more complicated as the company grew in sales and investing in an ERP system will help the company manage its resources in a more efficient way. Moreover, as the ERP system was fully hosted, the company did not need to manage a separate ERP infrastructure which was a bonus for them. What features caused Skullcraft to choose SAPs ByDesign? Solution SAPs ByDesign was a unique system which fulfilled Skullcrafts each and every requirement. After evaluating many systems, Beth Siron chose ByDesign for the following reasons: SAPs ByDesign was a fully system hosted system meaning that it did not required additional information system infrastructure to be implemented by Skullcraft. The organization would use the ERP system over the internet which made it easy for each and every department to use it from anywhere. It enabled big business practices for managing financials, inventory, customer relations, supply chain etc. in a format accessible to small businesses. This was perfect a was the small enterprise with annual growth rate of 200 to 300 percent. It helped Skullcraft to track the products through the supply chain. The ERP system was enabled the company to forecast future demand. Thus, the software did everything a big companys Information System would do but without the additional infrastructure and a team to manage it. These features where perfect for Skullcraft which was a small firm with transactions equal to a large firm. Critical Thinking Questions How do you think Skullcraft was able to maintain a small staff while increasing production 200 to 300 percent annually? Solution Rick Alden saw a unique business opportunity in selling high-end radically designed headphones to Skiers and Skateboaders. The company was also the first one to enable users to switch between music listening and cell phone conversations over headphones. The reason behind the tremendous growth was the target market and distribution channel. The company first targeted specialty ski and skate shops and then later large retail chains. Specialty retail shops attracted large amounts of extreme sports fanatics which put Skullcraft on the map in the headphones industry. Even with just 26 employees, the company was effectively able to manage its operations specially production and distribution. It is not unusually for a company to have a tremendous growth rate with such a small workforce. If operations are effectively managed, growth can be increased without comparable investment in additional resources. The company may have had the production outsourced which makes sense as a small workforce cannot produce and maintain such large product demand. Moreover, the company could have arranged the goods to the picked up at the manufacturers workshop and dropped at the specialty retail stores. Thus by effectively managing the flow of goods, the company must have been able to increase its production up to 200 to 300 percent with just 26 employees. Do you think Skullcraft is unusual in its size and needs? What other businesses can you think of that fit the Skullcraft model? Solution No, Skullcraft is not unusual in its needs and size. It I common for a company to have a tremendous growth rate even with a small size. Many small business offer services to a large number of customers. Skullcrafts Rick Alden realized an exceptional business opportunity which became a huge success and helped the company experience a growth rate of 200 to 300 percent annually. Also, the company was able to effectively manage and integrate operations resulting in huge sales while maintaining a small human capital. Other businesses that fit the Skullcraft model are: IT firms like GoDaddy which provide domain services to small and large enterprises enterprises can serve a large number of customer with its small size. The advancement in internet services enables such firms to stay small and serve large. Thus, investing in an ERP system will enable GoDaddy to manage operations more effectively. Freight Forwarding firms consolidate good from various customers into one big container. This helps cut down the costs of shipping small amounts of goods. They use the infrastructure of big firms and manage operations right at their desks. Also, and ERP system will help freight forwarders to track the goods through the supply chain and mange customer relations. A small logistics firms manages the operations and uses resources of other organizations to transport the goods. Their small size demands huge amounts of resources. And ERP in a logistics firm with help the employees track the goods, manage the finance, maintain customer relations etc. Medical firms, architecture firms, designing and developing firms and many other IT sector firms are small in size but their needs are huge. Thus, Skullcrafts size and needs are not unusual as it is very common for a firm to remain small but serve a large number of customers which will inevitably increase their needs. Group Members Dhruvit Shah Praveenchand Nair Abhay Khurana Brahamdeep Singh

HTML Language :: Essays Papers

HTML Language HTML – Hypertext Markup Language HTML is the language for publishing hypertext on the World Wide Web. This scripting language can be created and processed by a wide range of tools, from simple plain text editors - to sophisticated WYSIWYG (What You See Is What You Get) authoring tools. HTML uses tags to structure text into headings, paragraphs, lists, hypertext links etc. A convenient way to automatically fix markup errors is to use the HTML Tidy utility. This makes the document easier to read and edit. Tidy is very effective at cleaning up markup created by authoring tools with sloppy habits. Tidy is able to fix up a wide range of problems and to bring to your attention things that you need to work on yourself. Each item found is listed with the line number and column so that you can see where the problem lies in your markup. Tidy won't generate a cleaned up version when there are problems that it can't be sure of how to handle. These are logged as "errors" rather than "warnings". HTML has three variants. You specify which of these variants you are using by inserting a line at the beginning of the document. Each variant has its own DTD - Document Type Definition - which sets out the rules and regulations for using HTML. When you want to use a tool to validate the HTML document, the tool will know which variant you are using. Transitional – Used when writing Web pages for the general public, when pages are accessible for viewing in older browsers. An advantage here is the support of style sheet, which include different features used in BODY such as bgcolor, text and link attributes. *!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html401/loose.dtd"* Strict - Used when we want really clean structural mark-up, free of any tags associated with layout. It is used together with W3C's Cascading Style Sheet language (CSS) to get the font, color, and layout effects we want. *!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01//EN" "http://www.w3.org/TR/html401/strict.dtd"* Frameset - Used when we want to partition the browser window into two or more frames.

Suggested Format for a Reflective Journal

Suggested format for a reflective journal Dr Elaine Regan, Postdoctoral Research Associate, King’s College London This is one of many possibilities, but it will give you some idea of the types of questions that you can usefully ask yourself. Feel free to modify this format to suit your needs. Write a page (or two) for each session, completed by you in order of the sessions. Complete this information after each time you do some work on the course. This includes the formal sessions, the related reading and any other preparation, such as work in groups.Answer only the questions that apply – but think carefully about whether each question applies or not. A Reflective journal/diary is not like an essay! In your notebook you reflect on the academic content of the INQUIRE course/workshop in relation to your professional practice. It can be written in an essay-type prose, with an introduction and conclusion, or it can be a mixture of continuous prose, notes, bullet points etc. The contents should (www. llas. ac. uk/resources/gpg/2395): ? relate the content of a workshop and related reading to your own teaching and personal development support any statements you make with evidence and examples from your reading and from your practice ? refer to insights gained into your practice ? consider the intention to try out new ideas and methods ? identify the need for further exploration of issues ? identify longer-term development What would an unsatisfactory entry be like? ? A description only of content from a workshop and reading ? Little reference to the workshop and related reading ? Generalisations unsupported by evidence or examples of how an insight or opinion came about A satisfactory diary entry would: Review (what happened in the course or something you tried form the course in your teaching) ? Reflect (make sense of what happened) ? Digest (absorb the implications of the learning event and link it with experience, action plans or questions for you to e xplore further) Keep the following page in the front of your notebook to stimulate your thoughts and writing (taken from www. audiencedialogue. net/journal. html). Your name Session date Session number Session topic What did I read for this session (apart from the notes)? What was the most interesting thing I read for this session (mark it above with an asterisk) – why was that?What were three main things I learned from this session? What did I previously think was true, but now know to be wrong? What did we not cover that I expected we should? What was new or surprising to me? What have I changed my mind about, as a result of this session? One thing I learned in this session that I may be able to use in future is†¦ I am still unsure about†¦ Issues that interested me a lot, and that I would like to study in more detail Ideas for action, based on this session†¦ What I most liked about this session was†¦ What I most disliked about this session was†¦ Mis cellaneous interesting facts I learned in this session†¦

Do Video Games Cause Bad Behavior Essay - 1395 Words

One of today’s most debated topics is whether violent video games cause bad behavior. This topic has been researched for almost 30 years and there are still major opinion differences. Many psychologists say violent video games do cause bad behavior, and claim that games such as Manhunt, Grand Theft Auto, and Modern Warfare, desensitize people to violence, making it a norm in society. Others disagree, claiming that these games, although they can be very violent, can help people develop critical thinking skills. (Nonviolent video games are preferred for this though). The truth is, violent video games do both; studies indicated that some games increase aggressive thought, feelings and behaviors in both the long and short term. But, studies†¦show more content†¦Ã¢â‚¬Å"Cursing and sexual dialogue round out the mix.) taught to do? Playing these games will not make them go out and shoot someone, but they use more aggressive language, and images, have less ability to contr ol their anger, and externalize these things in violent ways. Violent video games can harm society. There are many issues when dealing with the two sides of this debate. Those who claim violent video games don’t harm society sometimes get their information from what they believe to be expert advice; many times this advice comes from â€Å"experts† hired by media industries. â€Å"The media industries spend so much money on trying to convince the general public that there is nothing to worry about,† says Craig Anderson, who was interviewed on â€Å"Violent Video Games and Other Media Violence†. â€Å"The media industry is very worried about its profits and will do almost anything to protect them.† People should also consider the times a violent video game was just the push some crazy kid needed to kill someone or do something crazy. Fourteen year old Stefan Pakreeah was lured to a local park by one of his friends where he was beaten with a hammer and stabbed repeatedly. Pakreeah’s parents claim the murderer wasShow MoreRelatedEssay Do Violent Video Games Cause Bad Behavior?1373 Words   |  6 PagesEver since the video game was invented many years ago, violent, bloody games have existed also. Some include killing zombies, shooting people, and fighting that ends in either someone dying or being hurt. The outcome remains the same, and a select few continue to live out these games throughout their daily life. These games can sometimes cause people to become angry. Although, some video games may have a negative effect on some people’s lives, other reasons such as their home life can be a factorRead MoreNegative Effects Of Video Games1094 Words   |  5 Pages Kids start to play video games at an early age like 5-10. Video games today are a huge part of todays world. People today will spend as much as $60 on a game or even $300 on PlayStation or Xbox, With that being said, some people are spending most of their day playing video games. It is a major part of how we entertain ourselves today but, Video games are bad for teenagers and kids, Some of the reason why are because it can cause body pain, aggressive behavior, or even eye damage.It might alsoRead MoreThe Unknown Effects of Video Games on Teens928 Words   |  4 Pagesbeen quite a bit of controversy between what the real effect video games are having on teenagers. Although everybody swings one way or another, most can agree that albeit video games may or may not be bad, the overuse of these games, can be and is a major problem in the world. Many believe that video games have an exponentially negative effect on teenagers. Many believe that video games desensitize players. In a 2005 st udy, violent video game exposure has been linked to reduced P300 amplitudes in theRead MoreThe Effects Of Violent Video Games On Children1258 Words   |  6 Pagesminutes into playing a violent video game the average person becomes desensitized to the fact that they are killing someone. Now it it may seem like nothing when you play these games. But when people, especially children play them often it starts to become the only thing that they think about. Even if it is â€Å"just a character† in a game it becomes so to them to pull that trigger. I’ve witnessed this happen in my own household and I don’t hesitate to say: violent video games are poisonous to the brainRead MoreAre Video Games Bad For You. Over The Past Decade, There895 Words   |  4 PagesAre Video Games Bad for You Over the past decade, there are more than 90 percent of American children play video games for about two hours per day. It becomes really matter for parents to clarify if playing video games are good or bad for the health? Research has shown, there are many negative effects such as excessive television and video playing cause muscle pain, obesity, lack of vitamin D, sleep deprivation†¦ which are related to video games playing. In addition, the effect of violent video gamesRead MoreThe Effects Of Video Games On Teenagers909 Words   |  4 Pagesof Video Games Video games are good tools to relax after hours of working and studying. In moderate doses, video games can keep teenagers’ lives balanced between academics and entertainment. If they are in stressful states or worried about their assignments, a few hours of playing video games can help to dispel all of these unnecessary thoughts. However, many teenagers nowadays consume hours a day only for playing video games. Consequently, they fall into the virtual fantasy worlds of video gamesRead MoreSociety’s Most Recent Scapegoat: Video Gaming1637 Words   |  7 PagesRebellious, violent behavior in youth is often treated simplistically – whether Elvis Presley’s latest hits, the programs airing on Saturday night television, or the newest film playing in theaters were popular amongst children and young adults, the blame for unfavorable behavior has always had its scapegoat. One of the most recent additions to society’s scapegoats is video gaming. Whether the objective of a given game is to fight crime or cause it, the morality of video games is often questionedRead MoreThe Truth about Video Games and Violent Children 1222 Words   |  5 Pages Violent video games are not training kids to be murderers. The video game industries have been called against and blamed for making kids more aggressive and violent for years. Although recent studies show that violent video games have been useful for kids to get their anger out. Only some kids were found to be aggressive after violent video game play, but they had three specific traits that lead to this aggressive behavior (â€Å"Violent...). Not all kids are affected by violent video games, but peopleRead MoreVideo Games And Its Effect On Society867 Words   |  4 PagesVideo games over the years have developed into graphic bloody sources of ideas for adolescents. The games kids play today has large physiological effects that can really mess with one s mind. Violent video games hav e a long history of provoking aggressive behavior which can ultimately lead to people getting hurt. The realism gives the players more power by making them immune to the reality of the situation. Video games have a huge influence over their audience. The influence they have is veryRead MoreEssay on Numbing Violent Video Games934 Words   |  4 Pages Violent Video Games Did you know that video games aren’t just fun and games anymore? It may be influencing your child to hurt others. Video games are very enjoyable, but they are also very dangerous and unhealthy for children. More than 90% of children and adolescents play video games, the majority of those games contain violent content. However, this does not mean all types of video games are bad and that children will only develop bad habits from playing the video games. Video games can have

A Victim of Hepatitis C Free Essay Example, 2000 words

Being a victim of Hepatitis C is by no means a laughing matter because of the drastic impact it has not only on the infected person but also on the family. Those infected with this virus are shocked and powerless at their next course of action. The person becomes listless with absolutely no zest for life. They are confused and feel a lot of guilt and shame to think that they have to live a life of disability and illness (reference-no ref). They also feel lonely and internalize all their feelings and feel victimized. (reference -no ref). There is also the social stigma of having to disclose about the disease in the community and thereby either leaving their jobs or having to reduce their number of working hours (reference- no ref). The family is thrown off balance if any of their members are inflicted with Hepatitis C. There are many factors that contribute to this. Firstly, the sadness they feel at seeing one of their loved ones trying to cope with all the difficulties that arise (reference- no ref). The person may also face stigmatization or marginalization at times even from their own family members and circle of friends (reference- no ref). On the medical side, the family plays a major role in looking after their loved one infected with Hepatitis C. We will write a custom essay sample on A Victim of Hepatitis C or any topic specifically for you Only $17.96 $11.86/pageorder now The first step towards caring for them would be to be properly educated on all aspects of the virus so that they would be in a better position to deal with the patient (reference-no ref). For example, during the anti-viral treatment of the patient if interferon is administered the patient experiences heavy mood swings and becomes extremely irritable (reference- no ref). So if the family knows about the side effects of different drugs, it would help them to be more understanding and caring. Other side-effects reported in 10-20% of treated patients may include anorexia, malaise, alopecia, neutropenia, thrombocytopenia, irritability, diarrhea and weight loss (Sievert, 2003).

Little Women By Louisa May Alcott - 1680 Words

Little Women, a novel written in 1868 also known as the 19th century. Louisa May Alcott, the author of the Little women captures values of social class and characteristics of the 19th century that are then reflected in the characters in her book. The characters in the book are written about the actual people in Louisa’s family. Little Women has themes such as coming of age, developing self-knowledge, overcoming personal faults, and female independence. The way Louisa wrote Little Women makes all the women characters come across as conventional to the readers. Little Women written by Louisa May Alcott takes aspects of the 19th century and puts that into the women characters, showing female independence and the strength of women. Louisa was born in Germantown, Pennsylvania on November 29, 1832, she was the daughter of Abigail and Bronson Alcott. She wasn’t raised in a very rich family, her mother had to make her and her sisters clothes (Gallogly). Louisa was very headstro ng and adventurous, her dad pushed very hard for her to write. Both of her parents were very supportive of her writing. Louisa wrote Little Women when she was thirty-five years old (Collins 3), the majority of her writings were written for young girls. Little Women was Louisa’s best selling book, this book allowed young girls the ability to understand that there are women out there that work hard and that life isn’t as simple as most people think. Louisa hoped that the young girls that read her novel wouldShow MoreRelatedLittle Women By Louisa May Alcott1041 Words   |  5 PagesIn her novel Little Women, Louisa May Alcott delves into the social expectations placed on American women in the mid-nineteenth century. Alcott explores the different impacts of these expectations through the experiences of the four March sisters as they transition from childhood to adulthood. As she follows the life of the girls as they struggle to balance the new world of social elegancies w ith the morals ingrained in them by their mother, Alcott challenges these social expectations and highlightsRead MoreLittle Women, by Louisa May Alcott800 Words   |  4 PagesLittle Women, by Louisa May Alcott, was published in 1868 and follows the lives, loves, and troubles of the four March sisters growing up during the American Civil War.1 The novel is loosely based on childhood experiences Alcott shared with her own sisters, Anna, May, and Elizabeth, who provided the hearts of the novel’s main characters.2 The March sisters illustrate the difficulties of girls growing up in a world that holds certain expectations of the female sex; the story details the journeys theRead MoreLittle Women, By Louisa May Alcott866 Words   |  4 PagesLouisa May Alcott was born and raised in Massachusetts from a financially struggling family, which will soon change due to Louisa’s writing talents. Louisa was homeschooled the majority of her childhood, which sparked her writing care er. Many of her life experiences influenced her writing but the main one, that got her started, was her father, Amos Bronson Alcott, a philosopher and teacher. As she grew older, she befriended abolitionists, she soon becomes a part of, which greatly influence her laterRead More Little Women by Louisa May Alcott1468 Words   |  6 PagesLittle Women by Louisa May Alcott This book is Little Women by Louisa May Alcott. It in a town in New England in the 1800’s. It about a family and the girls growing up during the 1800’s and the things they have to face. The growing pains that all girls have to go through even now. This was a very sad book at the end when Beth dies. The four main characters are Meg, Jo, Amy and Beth the story centers around the four girls and the life they have during the time they are growing up. MarmeeRead MoreEssay on Little Women by Louisa May Alcott674 Words   |  3 PagesBorn in Germantown, Pennsylvania, Louisa May Alcott is best known for her novel Little Women. She was educated by Ralph Waldo Emerson, Margret Fuller, and Nathaniel Hawthorne, who were family friends, and also educated by her father. Her novel is always in the top ten of the most-read books next to the Bible. Little Women takes place during the 1860s in Concord, Massachusetts. The story begins with four young girls trying to understand the importance of not being selfish, and it follows the livesRead MoreLittle Women Or Meg By Louisa May Alcott966 Words   |  4 PagesLittle Women or Meg, Jo, Beth and Amy by Louisa May Alcott is a coming-of-age story about four girls with all different personalities and different ways of going through the world. Al cott was persuaded by a talented editor from the Roberts Brothers firm to write a story for girls, and while Alcott was hesitant because she was not the largest fan of girls; she began the task. While this piece was originally geared to satisfy younger girls, the piece goes far beyond the point of just being anotherRead MoreEssay on Little Women by Louisa May Alcott816 Words   |  4 PagesLouisa May Alcott’s Little Women is an engaging and remarkable â€Å"snapshot† of its time. Written in response to a publisher’s request for a â€Å"girls’ book,† Little Women is a timeless classic of domestic realism, trailing the lives of four sisters from adolescence through early adulthood. The life-like characters and their tales break some of the stereotypes and add to the strength of the plot that embeds the last few years of the Industrial Revolution and social customs and conflicts, such as the CivilRead MoreThe Value Of Sisterhood In Little Women, By Louisa May Alcott1325 Words   |  6 Pagespriority. Even though the novel Little Women and the poem Goblin Market are different in regards to their primary storyline, genre and writers, they do discuss a similar theme, the value of sisterhood, in a way that helps in the understanding the achievements that sisterhood can orchestrate. Little Women is an 1869 novel written by Louisa May Alcott that majors around four sisters who are living with only their mother as the American Civil War was underway (Alcott 3). The March girls, who are theRead MoreThe Theme Of Family In Little Women By Louisa May Alcott1027 Words   |  5 PagesSarah Percy Wilson Theme- family is most important English 05 October 2017 Classic Novel Analysis In the novel Little Women by: Louisa May Alcott, a common theme is expressed throughout. To the family in this story, each other is the only thing that matters, therefore, displaying the message family is the most important thing you can have in your life. The four sisters, Jo, Meg, Beth, and Amy, belong to a very poor family inRead More The Importance of the Family in Louisa May Alcott Little Women864 Words   |  4 Pages Many times people are asked to think about what is important to them. A person may say their home, car, children, material items and some may even say family. In the book Little Women (1868-1869) written by Louisa May Alcott illustrates several family values. The story of the March family starts out during the civil war in New England. The family is left to survive on their own because their father went to protect his country. During the years of life the March children, Margaret (Meg), Josephine

Corporate Governance of Large Companies against Family Business

Question: Discuss Between Corporate Governance of Large Companies against Family Business? Answer: Introduction Corporate Governance includes regulations, practices and norms according to which a company functions and is directed or controlled(Bhagat, 2008). The field of corporate governance is necessary as it includes attaining a balance amongst various stakeholders interests which includes customers, suppliers, management, financiers, community and government such that companys greater objectives can be attained. Therefore, it includes internal controls for measuring of performance and various corporate disclosure norms especially those relating to accounting disclosures. Though there are specified norms in internal disclosures and accounting disclosures, corporate governance of large companies as against family businesses(Kolk, 2008). The hospitality industry in Australia is characterized by immense issues and scandals that has given rise to evaluate several corporate governance norms. The scope of the current report discusses contemporary issues and practices in corporate governance in fam ily businesses as against those of large companies in a specific industry. While large hotels in the industry follows Anglo-US model clearly other smaller organizations and hotels have failed to follow such norms creating stakeholder dissatisfactions and failure to adhere to corporate governance norms. Literature Review Contemporary businesses are facing major issues in relation to corporate governance that arises from role of board, quality of financial reporting, auditing, risks management, remuneration of directors, corporate social responsibility and so on(Brezeanu, 2008). These pertinent issues can be discussed according to pertinent theories and models of corporate governance that highlights the relevant roles and regulations for each member. There are three prominent models of corporate governance as Anglo-US model, Japanese model and German model. The Anglo-US model identifies share basis ownership of individuals who are separated from the corporation(Dittmar, 2007). Hence, there is a defined relation of management, shareholders and directors according to legal framework thus; there remains a clear and uncomplicated interaction between the corporation and its shareholders. This model of corporate governance is a much clearer framework and allows for special investment funds, there are clear expectation from shareholders within the organization as can be understood from the diagram below. Figure 1: Anglo-US Model Source: (asci.org.in, Retrieved on 1st May 2017) The Japanese model of corporate governance there is a high level of stock ownership from banks and companies which provides the shareholding patterns(Huse, 2008). In this model there is a multiplicity of services as accordance to their industrial policy which is prohibited in many countries worldwide especially in the US. Bank, Affiliate Company, management and government functions as the main players in the corporate governance, hence the model is relatively inapplicable in other parts of the world due to its key features. The German model of corporate governance is applicable across multiple countries across Europe however it remains inapplicable around the world due to its features. In this model there is a reliance on the two tier-board structure with voting rights restrictions and cannot be altered by the supervisory board. Thus, the primary focus of discussion across International Corporation is the Anglo-US model which has immense applicability and well-defined structures(Adam s, 2010). Analysis Corporate governance clearly has an indispensible role in functioning of businesses hence hospitality industry needs to abide by such norms to overcome issues faced in their businesses. Drawing from necessary literature review it can be well understood that while corporate governance might include clear cut regulations and disclosure norms often the selection of inappropriate models causes issues(Bowen, 2008). Evaluating the impacts and possible issues form Anglo-Us model it can be understood that as the model has clear format for instructions it is mostly followed across international and professional companies around the world especially in Australia. Large multinationals as Rydges Hotels follows this model such that there are no legal litigations and challenges faced in their businesses, however in smaller and family run businesses this is not the case. Issues in businesses especially arises in family run as there is no clear instructions that separates roles of shareholders as ag ainst multinational corporations. Australia Hotel is an Inn that is functioned by the family, friends and relatives of the family members(Bebchuk, 2009). Often the head of the business cooks when the chef remains absent and also doe house cleaning, with no clear defined roles there is a high level of challenges in services faced. Duties of Directors: The duties of a director though remains clearly defined in large hotel chains and international hotels but is not clearly defined in smaller hotels. Australia Hotel Inn director often faces issues that contradict his roles and responsibilities of being a director. He has to often play the role of a HR manager, Accountant and various other roles that hinder him from carrying out his defined roles(Hind, 2009). Composition and Balance of the Board: While in family businesses there is lack of board composition and even if they exists they are not professionally defined which results in their failure in the future(Larcker, 2007). As for example the Ridges has its Board members clearly defined and well structured, but in case of Australia Inn it is not. All family members are the members of the board hence there is an imbalance in the board creating improper composition and advice from people. The business functions according to direction and in accordance to what a member feels right or wrong. Remuneration and Reward of Directors: The Directors in family run businesses have often been seen to withdraw funds from the business for their personal usage. Such withdrawing of funds is against corporate governance rules and regulations. These arbitrary funds withdrawing occur as there is relatively less control over their roles. Reliability of Financial Reporting and External Auditors: Small businesses often make their financial reporting by family personnel or familiar personnel who can easily divert funds(Brennan, 2008). Such auditing and funds appropriation relatively holds less to no value causing little implication on corporate governance. Boards Responsibility for Risk Management and Internal Control: While in larger businesses responsibility for handling risks and incorporating for internal control is clearly laid out, in smaller businesses such appropriation is often handled by owners. This might result in increased and unforeseen risks and loss of internal control for the business. Shareholders Rights and Responsibilities: The shareholders rights and responsibilities are not clearly not spelt out in family businesses. While in larger firms responsibilities are clearly laid out and rights are defined no such barriers exists in smaller organisation creating challenges for shareholders. Corporate Social Responsibility and Business Ethics: There is a low perception regarding CSR and ethics in smaller businesses as compared to that of larger businesses. Smaller businesses often avert CSR norms and business ethics overlooking their importance altogether. Recommendation and Conclusion Corporations especially those family run businesses to conform to better corporate governance needs to abide by specific rules and regulations. While the field of corporate governance exists and various professional models and disclosure models are available the following recommendations will help accommodate specific regulations for better corporate governance practices. The duties of Directors in every type of businesses especially in family run businesses need to be clearly defined. Defining of roles of directors will allow them to accommodate for specific roles and there will be no overlap in the functionality and structure for such roles and responsibilities, which generally occurs in family businesses. The board member composition and balance of the Board has to be attained for clearly attaining of corporate governance. Remuneration and Reward of Directors are generally arbitrary in nature in family run businesses. In such businesses director withdraws amounts as and when he feels like and decides to which results in challenges while financial reporting. Reliability of Financial Reporting and External Auditors are clearly not defined and compliance requirements need to be met. Boards Responsibility for Risk Management and Internal Control has to be established in family run businesses. Responsibilities needs to be given to members within the business such that they can handle risks and regulate internal controls. Shareholders Rights and Responsibilities: While shareholders rights remain defined within legal documents they are not applied. The corporate governance rules and procedures books need to define them appropriately. Corporate Social Responsibility and Business Ethics: Family run businesses for gaining sustainability have to accommodate for CSR norms and ethics such that they can create and generate a greater impact for their businesses. Reference Lists Adams, R. B. 2010. The role of boards of directors in corporate governance: A conceptual framework and survey. Journal of Economic Literature, 58-107. asci.org.in. (Retrieved on 1st May 2017). Anglo-American model of Corporate Governance. https://asci.org.in/journal/Vol.27(1998)/V27_byraju.html. Bebchuk, L. C. 2009. What matters in corporate governance? Review of Financial studies, 783-827. Bhagat, S. . 2008. Corporate governance and firm performance. Journal of corporate finance, 257-273. Bowen, R. M. 2008. Accounting discretion, corporate governance, and firm performance. Contemporary Accounting Research, 351-405. Brennan, N. a. 2008. Corporate governance, accountability and mechanisms of accountability: an overview. Accounting, Auditing Accountability Journal, 21(7), 885-906. Brezeanu, P. a. 2008. Corporate governance models. VIII (I), 15. Dittmar, A. .-S. 2007. Corporate governance and the value of cash holdings. . Journal of financial economics, 599-634. Hind, P. W. 2009. Developing leaders for sustainable business. Corporate Governance: The international journal of business in society, 7-20. Huse, M. 2008. The value creating board: Corporate governance and organizational behaviour. Routledge. Kolk, A. 2008. Sustainability, accountability and corporate governance: exploring multinationals' reporting practices. . Business Strategy and the Environment, 1-15. Larcker, D. F. 2007. Corporate governance, accounting outcomes, and organizational performance. . The Accounting Review, 963-