Nike and International Labor Practice Essay Example for Free

Nike and International Labor Practice Essay Issue Identification Built up in the mid 70s Nike, Inc., situated in Beaverton, Oregon, USA confronted an extreme stream of analysis and experienced developing issues concerning their plants and worker treatment, for the most part in Indonesia and Vietnam in 1988. Rising interest for Nike items, which nearly multiplied inside a brief timeframe, drove the organization and its 350+ subcontractors to raise the creation level. Arrangement of work issues and misuse, for example, modest work compensation, poor working conditions, wellbeing and security issues and underage specialists abuse, were the principle issues Nike needed to manage. Besides, Nike, Inc. needed to manage dealing with the decent variety of societies and language obstructions must be survived, while still have the option to deliver the top notch item Nike is well known for. All through the 1990s Phil Knight, CEO of Nike, Inc. also, the organization itself lost their wonderful corporate picture in the eye of the world and it turned into a worldwide episode. Reasons for Problem In the wake of building up a name on the planet, Phil Knight, chose to make Nikes clothing in South Korea and Taiwan, and by 1982 effectively 86% of Nikes tennis shoes originated from these two nations. Understanding that Asian nations like Indonesia, Vietnam and China give less expensive work cost, better government support and higher benefit, Nike moved their creation lines there, with Indonesia turning into a significant area. In 1991, the day by day the lowest pay permitted by law was scarcely $1 in Indonesia, contrasted with a run of the mill every day compensation of $24.40 in South Korea and a US time-based compensation of about $8 in athletic shoe fabricating. Indeed, even that the Indonesian government raised the lowest pay permitted by law from 2,100 Rupiah ($1.00/day) to 2,500 Rupiah ($1.25/day), the new compensation was still underneath the laborers everyday costs. In 1992, these issues went outside of Indonesia and even hit Washington D.C., when President Clinton present ed the team Apparel Industry Partnership (AIP) to create and control work principles for remote plants. Despite the fact that Nike was the first to go along with, they experienced difficulty persuading individuals that everything went directly in their plants in Asia. Ernst Young was being recruited to control and review the processing plants, however before long voices turned out to be boisterous, that there was not a reallyâ objective view at the issues, since Nike was paying them. It hit the top in 1997/1998, when TV shows, papers and even a film (The Big One) were discussing the awful conditions inside Nikes manufacturing plants in Asia and freely tested Phil Knight to change the manner in which laborers were dealt with, redressed and how underage specialists were utilized. Adidas, Reebok and New Balance exploited Nikes down incline and picked up in upper hand. This prompted reducing deals number, profit fell 69%, and without precedent for a long time Nike, Inc. had a misfortune toward the year's end 1998. Options 1.Government guideline of Nike Points of interest: a)Local Government would have a more intensive look onto what's going on in its own nation and with their kin b)US Government could likewise have a more intensive look onto what Nike is doing abroad and would have the option to mediate any criminal behavior from the country c)Both governments would work nearer together and it would open entryways for different US organizations to put resources into the remote nation Burdens: a)As demonstrated for the situation, a few governments simply observe the cash that is brought into the nation, in any case what's going on inside the organization, or better said to its kin. b)Ties between the US government and the outside nation probably won't be the best, because of political strains, and makes it in this way harder to cooperate. 2.Improve representatives working and expectations for everyday comforts Points of interest: a)A upbeat representative is a superior specialist improve the representatives expectation for everyday comforts by raising his compensation, giving him more advantages (medical coverage, get-away time), diminish his working hours, and so forth. b)Equal Opportunity offer opportunities to laborers to climb the organization stepping stool, and not just bring outside individuals in. Besides, alter laborers pay, working hours and work conditions to human principles. c)Extensive preparing and improvement for directors All supervisors ought to learn remote countrys language, living propensities and adjust to culture. Preparing the laborers hands on will likewise assist with beating workforce assorted variety and make the working environment a superior spot to be. Disservices: a)The changes will require significant investment and will be financially savvy. b)Adapt to western working propensities, may be an immense change for Asian workforce and probably won't be adjusted well 3.Documentation and Inspection Points of interest: a)Factories will be directed, by either the neighborhood government or associations b)Inspections will prompt better working conditions c)Workers will have somebody to converse with and won't be disregarded Inconveniences: a)Again, associations may be paid by Nike and not report every bit of relevant information b)Reports from laborers may be disregarded and not raised to individuals in control Best Alternative The best option for Nike, Inc. is to attempt every one of the three options at the same time. So as to recover the piece of the pie and upper hand, their worldwide view needs to fortify. They began very well by actualizing a portion of the previously mentioned thoughts. These options will simply assist them with becoming a more grounded player in this quickly developing and serious business world. Execution Steps The activities, that Nike, Inc. should take are as followed: First they should chip away at getting their name once again into the correct spotlight, by executing the other options. The administrations will be more than ready to support them and since Nike is perceived everywhere throughout the world, even the nearby governments/nations are excited about keeping them in their nation and utilize their residents. This may in any event, bring nations like the USA and Indonesia closer together and more organizations from the US will be all set to Indonesia and produce there. Furthermore, the laborers benefits, life standard and work propensities are the most significant of the entirety of the other options. Nike, Inc. ought to contribute a large portion of their innovative work in this field, since the wages are still not as they ought to be. A thought is begin raising the wages to at any rate the countrys standard, so individuals can live off their profit an ordinary life. Nike began effectively the usage of projects that included expanding the laborers expectation for everyday comforts in the creating scene, yet the pay of the specialist is the fundamental issue that should be taken on immediately. Secure working spots, no lay-offs and safe workplaces ought to be steps that must be taken quickly, at exactly that point we can see the distinction and make a specialist a happyâ and profitable representative. To wrap things up, Nike ought to be viewed, investigated and recorded upon. It won't just assistance the plants in Vietnam or Indonesia, yet additionally the organization itself. Once outside associations reveal to Nike where they have to enhance and do it subsequent to being told, at that point the organization will likewise get into the positive spotlight, which will continue in higher deals and more benefit. Nike will at that point be again the most grounded contender in supporting and supporting colleges, star competitors and groups and most significant an organization that everyone needs to work for, in any case where.

Get Full Visibility Into Your Entire Email Marketing Strategy in CoSchedule

Get Full Visibility Into Your Entire Email Marketing Strategy in Email showcasing. It’s 4x more successful than standard mail gets 6x a bigger number of changes than Twitter 40x more commitment than Facebook What's more, has the BIGGEST effect on your ROI ðÿ' °Ã°Ã¿' °Ã°Ã¿' ° Why? Your crowd selected inâ to your email list. They wantâ to get notification from you! What's more, when you depend on email advertising as your essential channel to drive changes, benefits, and client relationships†¦ you need a basic AND powerful approach to oversee it. Which is the reason I’m eager to present our most up to date featureEmail Marketing from ! Otherwise known as the new, less difficult approach to oversee and advance this POWERFUL methodology inside your schedule. With Email Marketing from , you can: Consistently coordinate with your *favorite* email showcasing stage. You as of now have a kick-a$$ email stage you know and love, so why surrender it? With Email Marketing, you can without much of a stretch associate your favored email stage to with only two or three ticks. Compose click-commendable email subject linesevery time. With Email Marketing, you can utilize ’s *exclusive* Email Subject Line Tester to advance and ideal each title to drive moreâ opens, moreâ clicks, and more changes. Get full perceivability into your ENTIRE marketing technique. State â€Å"buh-bye† to incoherent promoting content (and continually hopping from screen to screen). With Email Marketing, it’s simple to perceive how your email crusades identify with the remainder of your promoting system and rapidly make changes if fundamental. Also, when it’s this simple to oversee + enhance your effectively incredible email promoting procedure envision the amount more ROI you can drive with everything in one spot. ðÿ˜‰

Writing a Good College Application Essay

Writing a Good College Application EssayIf you are preparing for the next level of your education and want to stand out from the crowd, writing a good college application essay is one of the most important steps you can take. You might be wondering what a good essay should consist of.The key to writing a successful college application essay is to make sure that the information contained within is directly related to your situation. It should be addressed in direct relation to the school you are applying to. Many students find that if they use a specific 'hook' that will capture the attention of the admissions officer reading the essay.It is important to address any problem areas you have within your personal and educational history in a positive manner. If you have missed too many deadlines, then talk about it. If you have not done well in school, you might mention this in your essay.Another thing to keep in mind when writing a good college application essay is that it should cover t he topics of why you are applying to the school in the first place. If you have been struggling with grades, explain what makes you think you are worthy of the higher grades. It is best to put your feelings in words, rather than paraphrasing them. Explain why you chose the school in the first place and how that decision has impacted your life.While writing a college application essay, it is also important to stay on topic and avoid general statements. State your position clearly and stay within the lines of a general statement. If you are having trouble saying something in less than 3 minutes, don't say it. If you need to say a lot of different things, then talk about them.There are some rules that apply to writing a college application essay. You should always use a formal format. You should remember that you are applying to a university or college. While it is good to express a passion for the subject matter, don't create a formal paper that doesn't fit the student.It is very impo rtant to write a college application essay on time. You should allow yourself enough time to research your school and write your essay. Your academic advisor may require that you submit the essay a certain number of days before the deadline. If you miss that deadline, you could be penalized and even dismissed from the university.If you do follow these rules when writing a college application essay, you should find that the amount of work that is required will be worth it. A truly impressive application will capture the attention of the admissions officer reading it and could help you get in the door of a great college.

Short Story Ye Mas a Fatty - 1525 Words

And all because of The Wall. It was a fourteen foot tall structure of stone, cement, and copper. It was twelve feet thick, with iron bars for a gate. It had a 5 foot tunnel of hollow space with little indents for the barrels of guns, with a small amount of glass in a 1 foot tall row all around for looking outside. It had parapets on top. It was perfect for keeping out both the beast and bandits, people who didnt want to live in the city, who found it to risky, but needed it for supplies. All people that entered the city were searched for weapons. It was the only way to keep the people inside safe. It was manned twenty-four seven, always being monitored. Thats what I did. I was the general of the city, a position given to me for being the only one to ever even mark the beast. I had seen it once since that first encounter. It looked at me, and pointed at the indent in its head where the bullet hit. It had given me a look. A look that I knew meant that this was the last time it would sp are me. Its respect for or fear of me had run out. I knew from that moment that the next time I saw it, one of us would end up dead. The odds were against me, so I began to fear myself. I had heard of this city, whose name was lost, though it didnt matter. The people had simply begun to call it Haven. I moved here, and through hard work, I became a soldier. I trained most of my time, having not much else to do. I had no family, no wife or kids. The only thing I had to care for was a dog

Self Assessment - 2720 Words

Abstract Emotional Intelligence is the ability to perceive and express emotion, assimilate emotion in thought, understand, and reason with emotion, and regulate in self and others. It provides the bedrock for the development of a large number of competences that helps people perform more effectively. There are four domains of Emotional Intelligence and they are Self-Awareness, Self-Management, Social Awareness, and Relationship Management; within these domains they have 18 competences (Cherniss Goleman, 2001). This paper will provide an self-assessment review of emotional intelligence theory based on my experiences, present understanding, and future goals; using the four domains of emotional intelligence and all 18 competencies to†¦show more content†¦Journaling helps with deeper reflection, getting people to focus on their past experiences, goals, and personal mission. Self-awareness is also developed through completing personality and behavioral questionnaires† (Sadri, 20 11, p. 84) My emotional intelligence in relation to self-awareness in the past was nonexistence; however, I then realized and came to learn that many conflicts on teams and issues with teamwork have been directly linked to communication defaults. I continue to understand how my communication preferences, for instance, how I gather, receive, send, and make decisions continue to affect those who I work with. An administrative assistant involves the skill of planning, coordination of many concurrent activities, organizing various tasks and responsibilities and being very detail-oriented and above being flexible, I strife daily to continue to improve that myself awareness is a continual task into the future. Golnaz Sadri also explained in his article that self-regulation requires that a person observe her own behavior and make changes where necessary and requires that a person set behavior-oriented goals and monitor her progress toward these goals (Emotional Intelligence: Can It Be Taught, 2011). Self-Management Self-management is essential, it suggest the importance of managing one’s emotions by using abilities, such as self-discipline, integrity, and staying motivatedShow MoreRelatedNotes On Self Assessment Tools899 Words   |  4 Pages1. Self assessment tools can be found in several places from self-help books to magazine articles, and sometimes make grand and exaggerated claims. What are the advantages and disadvantages of these self-help tools? Okay to start off, I decided to do a self-assessment based on depression. It’s only nine questions and it was closed-end; so the answers ranged from, â€Å"no, not at all†, â€Å"on some days†, â€Å"on more than half the days†, â€Å"nearly every day†. Here are the nine questions: 1) Have you foundRead MorePeer and Self Assessment Strategies for University Students1303 Words   |  6 Pages1.0 Introduction The topic of self assessment and peer assessment among university students is fueling a lot of debate from scholars and practitioners in the education specialty. This owes to the reality that Nulty (2011) completed a study on the topic in question. It is necessary to define the terms self and peer assessments because their definitions are vital ingredients to the upcoming discussion. Consequently, (White, 2009) reveals that self-assessment requires an individual to evaluate him orRead MorePersonal Self Assessment Essay1329 Words   |  6 Pages Self assessment is a process in which you examine yourself in attempt to discover and learn more about yourself. Your likes, dislikes, behaviors, attitudes and habits can be found during this process. You can use the discoveries to your advantage by accepting or changing strengths and weaknesses. I plan on using this course to enhance my personal skills to become a better student and find success in earning my Bachelor of Arts degree at Ashford University in Social Science. Self AssessmentRead MoreSelf Assessment Reflection Paper632 Words   |  3 PagesSelf Assessment Reflection Paper Yvonne Johnson-Cane Wilmington University Self Assessment Reflection Paper In the Tests and Measurements class we were given an assignment to complete several assessment tests. These tests included: 1) The Simple Rathus Assertiveness Schedule, 2) Barsch Learning Style Inventory, 3) Career Decision Profile, and 4) Winward Community College Trio Program Study Habits Inventory. As I proceeded to respond to the questions on the tests I kept a few things in mindRead MoreSelf Assessment Of The Classroom Essay1982 Words   |  8 PagesSelf-Assessment in the Classroom Self- Assessment is process by which students monitor and evaluate the quality of their thinking and behavior when learning and then identify actions that could potentially improve their understanding and skills. Furthermore, self-assessment occurs when students check the work they’ve accomplished and identify discrepancies between current and desired performance (McMillan Hearn, 2008). Self-assessments can be used by the student and the teacher; a student wouldRead MoreSelf Assessment : Patrick T. Terenzini Essay920 Words   |  4 PagesSelf-Assessment Patrick T. Terenzini (1991), a Distinguished Professor of Higher Education at Penn State, wrote a lot about the nature of Institutional Research (IR) and skills and knowledge that are required to become a good IR practitioner. In his opinion, one has to possess three tiers of intelligence: 1 -- technical/analytical intelligence, 2 -- issues intelligence, and 3 -- contextual intelligence, to be effective in the IR field. (P. Terenzini, 1991) In his research of IR, William KnightRead MoreThe Assessment Data Of The Miles College Self Study777 Words   |  4 Pages1.1.a What did the evidence reveal about the unit continuing to meet this standard? The assessment data included in the Miles College self-study states that candidates preparing to work in schools, know and demonstrate content knowledge, pedagogical skills and professional dispositions needed to be facilitators of learning for all students in P-12 schools (IR, p. 3). . The Professional Education Unit at Miles College prepares candidates, at the initial level, in ten Alabama State Department ofRead MoreRisk And Control Self Assessment833 Words   |  4 PagesAfter a risk and control self-assessment, Company XYZ finds that their operational losses are greater than expected. The company defines operational losses based on losses largely from fraudulent automobile accident personal injury claims. With this finding, Company XYZ has decided to commit the necessary resources to reinforce and strengthen their operational risk program. However, with the currently in place special investigations unit (SIU) that is responsible for investigating claims of potentialRead MoreOHSAS 18001 self assessment4232 Words   |  17 PagesOHSAS 18001:2007 Self Assessment Checklist S003, Issue 2, November 2007 This document restates the requirements of OHSAS18001:2007 for Occupational Health and Safety Management Systems (OHSMS) and has been developed to assist NCSI and its clients in the assessment of for Occupational Health and Safety Management Systems for compliance with OHSAS18001:2007. This checklist presents the requirements of OHSAS18001:2007 as questions and can be used as an effective tool for implementing the OccupationalRead MoreEssay on Feasability of Self-Assessment in ESL Classrooms3368 Words   |  14 Pagesï  ¶ Introduction: Assessment is one of the crucial components of the education. Traditional exams and tests are mostly based on materials taught in the course to meet predetermined objectives. They cannot assess whether or not learners can apply it. To truly understand some new ideas, students need to apply it. My experience as an English teacher provides some ideas to frame my discussion of assessment. Although many teachers think that the scores of the exams and the tests are objective and cannot

Obesity And Its Effects On Obesity - 1281 Words

The famous actor and comedian, Will Ferrell, quoted on twitter, â€Å"Obesity doesn’t run in your family, no one runs in your family†. The joke was intended to be funny, but I’m sure it hit closer to home for a lot of people more than anything else. Many problems in America consist of low employment rates, global warming and, not to forget, obesity. What other country has issues that include the overweight factor? Exactly, none. While mostly adolescent teens to adults are struggling to turn their lives around in the direction from their heavyset days, it should register that obesity can develop at an earlier age, and that is where the work should begin. If our five year olds are sitting on the couch all day eating their third Mcdonald s meal†¦show more content†¦What will we gain? Well it won’t be weight, I can promise you that. However, making phys ed mandatory can promote good health, increase achievement in academics and helps create self-estee m within an individual. Promoting excellent health can be a major outcome from making physical education apart of every child’s lifestyle. The student will learn at a young age how important staying fit and in shape is while taking those lessons with them and executing them later in life. It also advocates healthy eating and an improvement in lifestyle altogether. Bringing habits like these home can also affect the family. Encouraging the whole family to eat and exercise better can be a result from making physical education mandatory. Whether it be more family activities in the backyard, or taking a trip to skyzone to enjoy a day of flips, jumps and friendly dodgeball games, the whole family would have been inspired to become physically active. â€Å"Kids are getting fatter. Obesity rate over the last 30 years have more than quadrupled for children ages 6 to 11 and more than tripled for youths ages 12 to 19. Our children and youths are at risk for developing type 2 diabetes, heart disease, high blo od pressure, high cholesterol and even asthma.† Henceforth, physical education also has an affect on academic performance, more than one may think. â€Å"A representative study, presented in May at the American College of Sports Medicine, found that fourth- and fifth-grade

Accounting Software of Amcor Limited-Free-Samples for Students

Question: Discuss about a Company in Australia that uses accounting software. Answer: Introduction Amcor Limited is a manufacturing company that deals in rigid plastic packaging and producing flexible. It is an Australian based company that deals in packaging. The products of Amcor are responsible for protecting beverages, food, medicines and personal care products. Its headquarters is in Victoria, Australia. In the year of 1860, this company was founded. That time it was known as Australian Paper Manufacturers. Later on it was named as Amcor in the year 1986. It is known to be the largest PET bottles producer in the world. The main focus of this report is to discuss about the implementation of accounting software in the Amcor Limited. It also describes the structure of the organization along with the competitive advantages of Amcor Limited. It also talks about the accounting software that this company uses for its operations and in order to improve its efficiency. There are several benefits and limitations present in the current structure and software of the organization. Accounting software can be used by this organization to carry out their job in an effective and efficient manner Current Organizational Structure Amcor is an Australian based manufacturing company (Amcor.com 2017). It has an organizational structure that is hierarchical in nature. The top level constitute of the managing director. Then the next level consists of the directors of several departments like finance, operations, marketing and human resource management. Then there is the level of managers of the various departments like marketing, personal manager, production team leaders and finance supervisors. The lowest level constitute of production team members, sales team and accounts assistants. The management team is very strong and its main focus is the innovation. Figure 1: Organizational Structure (Source: Lunenburg 2012) This is the general organizational structure of the company (Fan, Wong and Zhang, 2013). The detailed organizational structure is given as below. Figure 2: Organizational Structure (Source: Sapinsider.wispubs.com 2017) This diagram shows the overall hierarchical structure of the company. Its management team is very strong and it can be also shown in terms of hierarchy as given below. This type of structure is organized in nature and helps the organization to maintain a stable state. All the employees are aware of their roles and responsibilities (Sapinsider.wispubs.com 2017). They know whom to report in case of any emergency and important issue. There are fixed rules that are to be followed in the company. The goals of the company are clearly defined and it is very easy for Amcor to achieve its goals by following this structure because the tasks are clear while employees are executing it. Operational problems faced by Amcor due to its Structure There are several loopholes of having this organizational structure. This structure does not allow Amcor to work in a flexible manner (CorporateSite 2017). It also creates problem in planning for any long term goals because future is uncertain and this structure might not be profitable in the future. This structure also acts as a barrier in case of creativity Amcor targets to become the most innovative company in the world but this structure comes in its way. The roles of some department become very active while there are some departments that remain idle. This type of structure does not allow two way communications leading to communication gap (Tran and Tian 2013). This structure leads to a cause of low team spirit. In future this might lead to serious troubles affecting the morale of the employees. The operational problems which they face are the less visibility in the supply chain management of the company (Singh 2013). Another issue is the barrier in case of innovation. There are gap in the skills of the workers. They have to think about the environment too. Their main issue is to balance maintenance along with high productivity. System Acquisition Method of Amcor Limited Amcor Limited uses the Enterprise Resource Planning software. The several software used by this company are SAP ERP 6.0, SAP SCM 5.0 and SAP CRM 7.0. These solutions help the company to perform very well in the industry. The cost of processing sales order is reduced and the time to calculate the selling price is also less. The cash flow is increased. The potential of investment is increasing. The revenue of the company is increased sue to the acquisition of ERP. The number of stock outages is less because of reliable materials. Freight costs are reduced due to this acquisition. There is little functionality in SAP that is not present in other software. SAP uses (Oxygen 2017). This ERP is complimented by the use of Microsoft Office word. System Flowchart of the Sales Procedures The sales model in a manufacturing company is not so well developed and is inadequate in nature. The sales process begins with determining the needs, sales teams and actions to be taken. It starts with the customer (Gunasekaran and Spalanzani 2012). The customer first requests for an order. The manufacturer checks whether the products are available or are feasible for production and then sells or manufactures further products. This process is repetitive in nature and has no such issues. In the flow chart below we get to see that the customer first places the order and then the company approves or disapproves the order request based on certain conditions (Hosgor, 2015). Then if the order gets approved the manufacturer plays its role. After the products are ready it is sold to the customers. Figure 3: System Flowchart of the Sales Procedure (Source: Ingram et al. 2012) The above flow chart gives a clear idea about the sales procedure in Amcor Limited. Control Problems and Different Types of Frauds that are Possible in this System There are several problems associated with the present ERP system in the organization. First and foremost implementation of this type of software is highly expensive for the company. These types of systems are highly complex and are not under the total control of the organizations. Several numbers of experts are required in order to maintain the ERP system. Severe training is required for the purpose of handling this system. If the software is outdated then it can crash the entire system leading to loss of sensitive data. There is a chance of insufficient capability of reporting that can lead the company to an external reporting as well as loss of data control (Christauskas and Miseviciene 2012). Any kind of delay in update can lead to vulnerabilities in the software. In case of lack of security and compliance standards, this can lead to severe issue. There are also several kinds of frauds that can take place along with this system. There can be fictitious vendor that are created in the system. For these kinds of fictitious vendors there can be fictitious bank accounts too. The signatures in the invoice can also be false misguiding the company. The invoice distribution can be coded to a wrong account. There can be a lot of false or fake supplier master and bank accounts without any documentation. Development and Adoption of the Accounting Software Packages There are several accounting software that can be adopted like Xero, Myob and Quickbooks. There are several issues in using traditional software like the system is not always up to date. Data needs to be moved from one place to another and using software keeps the data only in one place. Access is only there in the hand of one person. It is expensive and slow at the same time. On the other hand these cloud accounting software are very useful for the business in terms of cost and effectiveness. It increases the efficiency of the system. The accounting software that is used by the Amcor Limited is called Reval (Reval 2017). This is Software as a service platform for the organization for the purpose of management of treasury and management of risk. This software helps to manage cash and liquidity and also understand the financial risk of a company. These are used by more than 650 companies around the world. It provides a superior customer experience increasing the return on investment o f the company. It provides a scalable solution. It also provides global support. Current Market Size The graph provided below give the current market size of Amcor Limited. It shows the share price for the last 1 year. It can be seen the performance has improved. The performance has been fluctuating but there was a tremendous improvement around July 2017 (Amcor.com 2017). Although the share price at present is less but the performance of the company is high. Figure 4: Market Size of Amcor Ltd. (Source: Amcor.com 2017) Leaders in the Market and Competitive Advantage The top leaders in this industry are Georgia Pacific, Silgan Holdings Inc. along with Amcor Limited. Silgan Holdings is one of the leading suppliers of rigid packaging of goods products. Its annual sales and revenue in the year 2016 was reported to be 3.6 billion dollars (Silganholdings.com 2017). This company is one of the main competitors of Amcor Limited. Georgia pacific on the other hand is an American company that is considered to be worlds largest manufacturer of paper. Amcor can be considered to be leader in this field with annual revenue of 9.5 billion dollars. The competitive advantage of this company is its innovation. Its main focus is always on customer satisfaction that has led to the tremendous growth of the company. Among the accounting software Reval is considered to be the market leader along with Xero, Myob and Quickbooks. Existing Challenges Encountered by Users of Accounting Software There are several challenges that are involved in using the accounting software. The most challenging issue is the lack of security because the data is present in the cloud and if it gets hacked then it will become accessible to anyone affecting many users. The reporting service facility of the system is very low. It also affects the efficiency of the system. Some of the accounting software systems are not up to date that affects the productivity of the organization. The software may not user friendly and is very difficult for all the employees of the company to use. It can also affect the accuracy of the system. Some of the systems have inefficient and insufficient features but are extremely expensive. These types of software do not have any bank reconciliation features (Christauskas and Miseviciene 2012). The customer relationship management feature is extremely poor. Sometimes the accounting software is not compatible with their system. Technical supports are not present for the e ntire time. The technical support that can be provided over the phone is very inconvenient. The access speed is also less sometimes. This affects the productivity of the system. The organization using such software suffers because their work has to come to a stop because of the problem of speed in the system. These are the disadvantages associated with using the accounting software. Recommendations Installation of proper security policy can resolve most of the issues mentioned above. A strong firewall can help the system to overcome most of the risks related to the security issue of the system. This will allow only authorized users to access the system while it will disallow unauthorized users. Network security software will help to protect the software from any type of misuse of the data. Financial models used by the Amcor Limited must use a flexible model for the proper efficiency of the system. A driver based solution will allow the use of software for any other purpose too. The adaptability of the system must be good in order to get accustomed to any type of work. Conclusion This report concludes that the accounting packages used by the Amcor Limited are based on cloud computing technology, rather Software as a Service. There are several challenges and benefits associated by the software used by the company. These challenges can be rectified by proper procedures and methods. This report also discusses about the factors behind the success of the company and its competitive advantages. This report also gives a brief outline about the organizational structure and its loopholes. This report also gives recommendation about overcoming the limitation of the accounting software References Amcor.com. 2017.Amcor - Home. [online] Available at: https://www.amcor.com/ [Accessed 22 Aug. 2017]. Christauskas, C. and Miseviciene, R., 2012. Cloudcomputing based accounting for small to medium sized business.Engineering Economics,23(1), pp.14-21. CorporateSite. 2017. [online] Available at: https://d2491pxl8gaali.cloudfront.net/CorporateSite/media/Sustain-Reports/Amcor-2014-GRI-Report.pdf [Accessed 22 Aug. 2017]. Fan, J.P., Wong, T.J. and Zhang, T., 2013. Institutions and organizational structure: The case of state-owned corporate pyramids.The Journal of Law, Economics, and Organization,29(6), pp.1217-1252. Gunasekaran, A. and Spalanzani, A., 2012. Sustainability of manufacturing and services: Investigations for research and applications.International Journal of Production Economics,140(1), pp.35-47. Ho?gr, E.A., 2015. Organizational Structure.Wiley Encyclopedia of Management. Ingram, T.N., LaForge, R.W., Avila, R.A., Schwepker Jr, C.H. and Williams, M.R., 2012.Sales management: Analysis and decision making. ME Sharpe. Lunenburg, F.C., 2012. Organizational structure: Mintzbergs framework.International journal of scholarly, academic, intellectual diversity,14(1), pp.1-8. Oxygen. 2017.SAP ERP Upgrade - Amcor | Oxygen. [online] Available at: https://www.uxcoxygen.com/case-studies/sap [Accessed 22 Aug. 2017]. Reval. 2017.Reval Treasury and Risk Management Technology. [online] Available at: https://www.reval.com/ [Accessed 22 Aug. 2017]. Sapinsider.wispubs.com. 2017.Amcor Rigid Plastics Manufactures a Winning Archiving Strategy. [online] Available at: https://sapinsider.wispubs.com/Assets/Case-Studies/2012/October/Amcor-Rigid-Plastics-Manufactures-A-Winning-Archiving-Strategy [Accessed 22 Aug. 2017]. Silganholdings.com. 2017.Silgan Holdings Inc.. [online] Available at: https://www.silganholdings.com/ [Accessed 22 Aug. 2017]. Singh, A., 2013. A study of role of McKinsey's 7S framework in achieving organizational excellence.Organization Development Journal,31(3), p.39. Tran, Q. and Tian, Y., 2013. Organizational structure: Influencing factors and impact on a firm.American Journal of Industrial and Business Management,3(2), p.229. Wagner III, J.A. and Hollenbeck, J.R., 2014.Organizational behavior: Securing competitive advantage. Routledge. Walsh, T., Arca Systems AB, 2002.Pallet container with a door. U.S. Patent D466,690.