QUESTION 1 (LO1)

It is alleged that thousands of AMP customers have been charged for financial advice

services they have never received. Furthermore, AMP admitted to the Financial

Services Royal Commission that it misled the corporate regulator Australian Securities

and Insurance Commission (ASIC) over AMPS’s practice of charging fees for no

service. AMP also admitted to the Royal Commission that it knowingly charged

$1,300,000 in premiums for life insurance to more than 4600 superannuation

customers who were deceased. Australian Financial Review (AFR) (17th April 2018)

reported that AMP had admitted to the Royal Commission that they had paid and

received commissions which were prohibited under Future of Financial Advice which

became effective on 4th April 2018. AFR further alleged that AMP provided incentives

for commission-based sales for their financial planners. The Royal Commission also

alleged that the Chair of AMP had interfered with a report by law firm Clayton Utz that

was commissioned by AMP after self-reporting fee for no service breaches to ASIC. It

is argued that AMP had misled ASSIC twenty times about the independence of the

Clayton Utz report into AMP’s fee for no service scandal. Royal Commission further

referred AMP to the Australian Prudential Regulatory Authority for not acting in

superannuation members’ best interest.

Required:

A. Analyse the underlying reasons behind the alleged unethical practices perpetrated

by AMP. Identify and evaluate the relevant ethical codes of conduct and ethical

principles breached. Critically analyse the role of AMP’s management in alleged

unethical and unlawful practices

B. As a public company what is AMP’s goal and how alleged unethical business

practices (some of which detailed above) aligned with the goal?

C. Should AMP have aimed to generate common good in their operations? Why or

why not? Discuss.

 

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Discussion 1:

The project scope is probably the most overlooked deliverable in modern project management practice. The project scope is the roadmap to project completion, yet many projects, especially in large companies (e.g., Fortune 500), do not have a project scope. There is a direct link between the success/failure of the project and the existence of a project scope.

Explain why it is important to deliver a comprehensive scope statement at the beginning of the project. Are there any instances where the scope statement can or should be omitted?

 

Discussion 2:

The success or failure of any project depends on the project manager’s ability to control the triple constraint. Cost, schedule, and scope are directly related, thus an inability to control and monitor each one of these constraints will result in total failure. Describe some of the techniques that project managers can employ to control the triple constraint.

 

Discussion 3:

Aggregate expenditure is the total amount of spending in the economy that determines the level of the GDP. Components of aggregate expenditure are autonomous expenditure, planned private investments, government expenditure, and net exports. When autonomous expenditure increases or decreases, it has a multiplied effect on the GDP.

Referring to the 10-year historical period 1980-1990, discuss an example of a change in autonomous spending. Research a government policy implemented during that time and discuss the multiplier effect it had on the economy

 

 

No less than 200 words each.  Should follow the APA Publication Manual guidelines.

• Posted: 4 years ago
• Due: 09/10/2015
• Budget: $15

 

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500-mm long aluminium billets of 250-mm diameter are separately

forward extruded into bars of 125-, 50-, 25-, and 12.5-mm diameter at 500°C

using a ram speed of 0.75 m/min. Flow rule is defined through C = 14 MPa,

and m = 0.22 with ?f0 = 35 MPa. The die angle is 2? = 140° whereas the Coulomb

coefficient of friction is 0.08.

a) Determine the extrusion force through the analytical approach for the

four bar diameters,

b) Determine the extrusion force through the empirical approach for the

four bar diameters,

c) Compute the exit velocities of the extrusions in the four cases,

d) Figure out the ram speed that will give an analytical extrusion force of

4000 kN for the bar with 12.5 mm diameter, and

e) Elaborate on whether the press is feasible enough for the economical

extrusion of bars of these sizes.

 

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With Reference to the project brief provided you will now begin to develop a tower for final assessment.

You are to develop a total of 90,000 sqm GFA (according to the Property Council Method of Measurement

provided).

You may choose how to arrange this area on your site. You may propose several buildings in your

masterplan, however you will be required to focus on developing one tower to contain the bulk of the

program.

Develop your masterplan to accommodate 90,000sqm GFA

Select one of your three towers presented for Assessment 2 you wish to progress.

Illustrate your progress as appropriate we suggest:

1 x plan @ 1:1000

2 x Section 1:500

1 x Overview Perspective

3 x Perspective Views

 

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