Thursday, May 21, 2020

Enterprise Wide Risk Management Framework And Process Essay

Enterprise-Wide Risk Management In order to effectively treat risk, firms must first apply a risk management framework and process. The enterprise-wide risk management process provides a broad approach to address and manage all of an organizations risk. Furthermore, this technique is comprised of four components, lead and establish accountability, align and integrate, allocate resources, and communicate and report. When implemented together these components are the essential to achieving an organizations goals. Moreover, five risk management steps reinforce the enterprise-wide framework process and begins with scanning the environment, identifying the risks, analyzing the risks, treating the risk and lastly, monitoring the risks to ensure they are being controlled and eliminated (Elliott, 2012). Banks in particular have a variety of risks which can be addressed using enterprise-wide risk management techniques. For example, ABC Community Bank would be subject to a number of financ ial risks, including interest rate risk, liquidity risk, credit risk and price risk. With just 30 employees and one location, the organization is small and the company’s ability to absorb financial risks and survive is improbable. Therefore, the organization must take the necessary steps to address the company’s financial risks to ensure continuous survival and goal achievement. Interest Rate Risk Interest rate risk affects all organization in one way or another. Once the U.S. FederalShow MoreRelatedBusiness Analysis : Coso Enterprise Risk Management Framework1279 Words   |  6 Pages Conrad January 23, 2016 COSO Enterprise Risk Management Framework Introduction Enterprises are exposed to various risks that decrease the chances of achieving their business goals both internally and externally. Internally, there are company politics and mismanagement. Externally, factors such as economic environment, regulations and technology influence risks. It is important for an enterprise to build framework for good risk management, which is â€Å"the process of identification, analysis andRead MoreNetwork System Analysis Risk Management670 Words   |  3 PagesAnalysis Risk Management Introduction The multifaceted nature of risk as it relates to a healthcare provider is evident on how comprehensive the access controls, compliance, security and staff level-based access privileges are in the Natividad Medical Center. The complexity of these factors and the level of traceability and audit controls are accentuated by the Health Insurance and Accountability Act (HIPAA) and its many requirements and stipulations for reporting (Dennis, 2005). The risk managementRead MoreRiordan Virtual Organization: COSO Integration Plan for Compliance and Legal Liability745 Words   |  3 PagesExecutive Summary For Riordan to adopt COSO Enterprise Risk Management (ERM) practices in a new initiative, they are more likely to have a successful implementation if they have the full support of the board and chief executives. The ERM plan should not only be compatible with existing organizational goals, it must also be integrated into the culture so that risk management can become salient at all levels of the organization. Even though risk management should be spread throughout the culture, theRead MoreRisk Assessment And Action Plan1646 Words   |  7 Pages Energy Risk â€Æ' Energy Risk Being risk averse in an industry plagued with risk is a difficult task. However, identifying and managing risk is crucial in the capital intensive energy industry. Effective risk management leads to increased revenues, decreased costs and capital, and can propel a business to success. The information outlined will offer a discussion of how to identify and mange areas of risk and additionally, detail a process flow for successful implementation. Identifying AreasRead MoreBusiness Risk vs Audit Risk1109 Words   |  5 PagesBusiness Risk vs. Audit Risk By Gabriel Agboola The following article first appeared online in the IT Compliance Institute Ask The Auditor column. Used with Permission. What’s the difference between business risk and audit risk? Business risk relates mainly to an organization’s goals and objectives. It is essentially the potential cost incurred if the business does not achieve its strategic plans. The assessment and management of business risk has evolved into formalized enterprise risk managementRead MoreEnterprise Risk Management ( Erm )1741 Words   |  7 Pages Introduction âž ¢ What is Enterprise Risk Management (ERM)? Enterprise Risk Management (ERM) is process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effect of risk on an organizations capital and earnings. ERM expands the process to include not just risks associated with accidental losses, but also financial, strategic, operational, and other risks. âž ¢ Benefits of Enterprise Risk Management In Finance †¢ Financial IncentivesRead MoreRisk Management And Homeland Security1309 Words   |  6 PagesRisk Management and Homeland Security The nation’s homeland security is a very multifaceted environment which must be controlled to effective function at its highest potential. â€Å"The safety, security, and resilience of the Nation are threatened by an array of hazards, including acts of terrorism, manmade accidents, and natural disasters† (DHS., 2011). All together, homeland security agencies must manage risks at all levels connected with an array of components. Collectively, these external andRead MoreAssessing Microsofts Corporate Strategy Development and Governance1551 Words   |  6 Pagesin the consumer, small business and enterprise markets. The series of broad business models that comprise the company require intensive levels of governance, risk and compliance management (Ali, Green, 2012). Microsoft operates in over 160 different nations and needs to balance the many requirements of internal and external stakeholders while also meeting governance and compliance requirements globally. Balancin g the three strategic priorities of governance, risk and compliance (GRC) requires intensiveRead MoreInformation Asset Inventory and Analysis of Cincom Systems1399 Words   |  6 Pagescompetitive advantage in the enterprise software industry requires a myriad of processes, systems and people all orchestrated toward delivering a steady foundation of new technologies. Protecting the current and evolving future technologies, the core intellectual property of a software company, requires an enterprise-wide security strategy (Dutta, Roy, 2008). Cincom Systems, a leader in the development of enterprise software for the complex enterprise, has developed an enterprise-wide series of security strategiesRead MoreEffective Management Of Project Risk Management1435 Words   |  6 PagesGood Risk Management – Good governance This article describes the effective management of project risks in an educational institution. In this article I’ll be talking about the information that are useful to the board members as well as the team with their risk management efforts. â€Å"In the future we will look at risks affecting the whole of an organization and its place in the community. We will address both upside and downside consequences, and our view will be enterprise-wide, integrated and holistic

Wednesday, May 6, 2020

Leadership And Collaborating Skills Multi Task Management...

Accountable, highly-productive, and detail-oriented professional adept at providing exceptional administrative support, managing multiple priorities, and streamlining office operations for major productivity gains. Proven ability to work individually or on a team, anticipate needs, and address issues in the executive’s absence. Expert at producing high-quality reports, presentations, and documents. Committed to strengthening interpersonal skills, maximizing work practices, applying creative and innovative skills, and meeting deadlines. 12+ Years Administrative Experience †¢ Multiple Executive/Team Support †¢ Confidentiality Demonstrated Leadership and Collaborating Skills †¢ Multi-Task Management †¢ Communication Proficiency Very Strong Planning, Prioritizing and Organizational Skills †¢ Excellent Interpersonal Skills Strong Technology Knowldege †¢ Excellent Follow-up and Decision-Making Ability PROFESSIONAL EXPERIENCE KIMBERLY-CLARK CORPORATION, Roswell, GA †¢ 2008 - 2015 Administrative Assistant Oversaw and executed all office operations, administered full-range, confidential support to executives and their teams instituting a sense of urgency, which included gatekeeper,anticipating needs, high-volume email and calendar management, meeting/appointment/event and room reservation scheduling/management, travel arrangements, expense reports, correspondence/document preparation, filing, collected/compiled/analyzed data, office facilities coordination, officeShow MoreRelatedDifference Between Leadership And Management1839 Words   |  8 PagesEssay Questions 1. Differentiate between leadership and management by defining each concept and identifying three characteristics of each concept that help explain difference between the concepts. In the opening chapters of Leadership in Organization 8th ed. Gary Yukl clearly rationalizes the difficulties in creating a concrete definition between leadership and management. Both models may operate mutually exclusively or successfully coexist in a fully integrated phenomenon. To effectively differentiateRead MorePersonal and Professional Development Plan BTEC Level 74431 Words   |  18 PagesStrategic Management and leadership (QCF) Professional Development for Strategic Managers Edexcel BTEC Level 7 Diploma in Strategic Management and leadership (QCF) Assignment title Professional Development for Strategic Managers In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria reference To achieve the criteria the evidence must show that the student is able to: Task no. Evidence Read MoreUK Government Policy2040 Words   |  8 PagesHealth (DoH) (2001), a single multi-professional document must take in use to recognise an obvious goals and individual patients need. However, a discussion carried out following an interview with rapid-response team suggested that the different IT systems of the NHS and council for health and social care hinder effective team working (IPE 2014). All multidisciplinary team (MDT) in rapid-response team require two sets of notes, as they depend on face-to-face communication and patient medical documentRead MoreManaging Conflict At A Dental Clinic Manager2108 Words   |  9 PagesHow, you as the manager handle conflict with your spouse can be completely different than how you handle conflict with a co-worker especially in a manager’s perspective. Managing conflict is a key in management proficiency that all man agers should study. Practicing effective conflict management skills will help to maintain a positive workplace environment for employers and employees. As a manager one must acknowledge that they control how a department will function, working in a dental clinic a departmentRead MoreObjectives And Objectives Of Strategic Management6960 Words   |  28 PagesIntroduction Strategic Management is a substantial wing of the management system of an organisation or company whereby a set of managerial decision and action helps to determine the long-run performance and major goals of the organisation or company. Generally, top-level management of an organisation is responsible for the initiation and implementation of such decisions and actions based on the available resources and welcoming environment. The strategies involve the formulation and setting of directionsRead MorePersonal Development Plan7544 Words   |  31 Pageschosen theme which is Multi-disciplinary team working (MDT). This will mention roles within the MDT, skills for effective MDT working and responsibilities within the MDT. When focussing on my chosen theme within the Professional Development 2 module, I will complete a self assessment by reflecting upon my clinical and educational experience so far. I will use the NMC Proficiencies (2004) as a benchmark and these will be annotated throu ghout this assignment. NMC Proficiencies (2004) is a requirementRead MoreObjectives And Objectives Of Strategic Management6987 Words   |  28 PagesStrategic Management is a substantial wing of the management system of an organisation or company whereby a set of managerial decision and action helps to determine the long-run performance and major goals of the organisation or company. Generally, top-level management of an organisation is responsible for the initiation and implementation of such decisions and actions based on the available resources and welcoming environment. The strategies involve the formulation and setting of directions, aimsRead MoreSupportive and Transformational Leadership Styles in a Healthcare Environment2993 Words   |  12 PagesSupportive and Transformational Leadership Styles in a Healthcare Environment Dianne Conforte Current Issues in Leadership MBA595 April 25, 2010 Introductory Section Supportive organizations and exceptional individual contributions set the stage for effective teamwork. Healthcare teams require a clear purpose that integrates specific analytical groups and multiple facets of patient care. â€Å"Healthcare teams which have a clear purpose that is consistent with the organizations’ mission, can be moreRead MoreChrysanthemum Cineraiifolium23103 Words   |  93 PagesUNIVERSITY OF APPLIED MANAGEMENT GHANA-CAMPUS COURSE NAME: MANAGING PROJECT TEAMS LECTURER’S NAME: DR. DAVID ADZOVIE INDEX NUMBER: UAMM0020 DATE OF SUBMISSION: 13TH JULY, 2012 1 QUESTION THE VIGILANCE PROJECT-CASE OVERVIEW CASE DISCUSSION QUESTIONS Develop answers to the following questions: (a) Why is this case about team conflict? What conflicts do you see developing? (b)How is distance affecting team dynamics and performance? (c) What do you think about the decisionRead MoreThe Values Of The Christian Tradition9036 Words   |  37 Pagesthe Christian tradition, the education faculty encourages students to seek fulfillment in their personal, social, and religious lives. We provide the tools for developing integrity, leadership skills, and the desire to search for truth and knowledge throughout life. We promote critical thinking, effective communication, appreciation of cultural diversity, and we encourage the rejection of bigotry and intolerance. At Bethel, we seek to promote in all members of the university community a constructive

Nuclear Power Plants Free Essays

Sierra Armstrong Vassar High School 5th , English 10 March 21, 2013 Nuclear Power Plants Begin your introduction here†¦ (Don’t forget to underline your thesis statement). Be sure to use the TAB key to start each paragraph and to follow all MLA formats. Background of the Problem People need power, and nuclear power provides it. We will write a custom essay sample on Nuclear Power Plants or any similar topic only for you Order Now Nuclear power is another way to produce energy, but it is also a very dangerous way to produce energy. Edward Teller stated, â€Å"Nuclear power-producing units will be dangerous instruments and careful thought will have to be given to their safe construction and operation† (qtd in Kanninen Ed 17). Another scientist Dr. Helen Caldicott stated, â€Å"The nuclear industry is a cancer industry† (qtd in Povey 80). This means that it isn’t a safe way to produce energy and can cause cancer. The radiation is very dangerous. The radiation is a big fault or issue with nuclear energy. â€Å"Atomic energy cannot be produced without also producing a radioactive by-product† (Kanninen 16). Nuclear power is not safe to those who live or associate around it. â€Å"Critics of nuclear power worry about the safety of nuclear plants, the potential damage from radiation exposure, the possibility of sabotage and unauthorized use of the by-product plutonium—the substance used to make nuclear bombs† (â€Å"Nuclear Power†). There have been a couple incidents concerning nuclear power plants, such as Chernobyl and Three-Mile Island. â€Å"The Chernobyl explosion was devastating to the nuclear power industry throughout the world† (â€Å"Nuclear Power†). The primarily cause was human error: technicians conducted an unauthorized experiment on the reactor without understanding how the reactor would behave during the experiment† (â€Å"Nuclear Energy†). The Extent of the Problem The problem at hand is that nuclear power plants Works Cited Type your bibliography on the last page†¦Be sure to ALPHABETIZE your sources and to indent after the first line of text for each entry. Povey, Karen. Energy Alternatives. Farmington Hills, MI: The Thomas Corporation, 2007. Print. â€Å"Nuclear Energy. † Compton’s by Britannica. 01 Aug 2011: SIRS Discoverer. Web. 25 Feb. 2013 . How to cite Nuclear Power Plants, Essay examples

Saturday, April 25, 2020

The Taming of the Shrew Essay Example

The Taming of the Shrew Paper In this essay I will thoroughly discuss the treatment of women in the film The Taming of the Shrew. I would have to say that my first impression of women in this film was that they where treated very harshly compared to men, they where treated like mens possessions; like slaves basically. They would have no money and also they were not allowed to decide who they wanted to marry, it was their fathers decision. Compared to men, they where the superior people. They ordered women and treated them like slaves. However, after a close analysis of Kates final speech my opinions changed dramatically towards the treatment of women in The Taming of the shrew. I think this because Kate in her final speech changes vividly as she lectures all the women how to treat their husbands. I will go through thorough analysis of Kates final speech later in this essay. In Elizabethan times, men were considered to be the leaders and women their inferiors. Women were also regarded as the weaker sex, not just in terms of physical strength, but emotionally too. Furthermore, it was understood that women always needed someone to look after them. For example, if a woman was married then her husband would be excepted to look after her but if she was single, then her father or brother was expected to take care of her. Women were also not allowed to go through many professions i.e. medicine, law and politics, but they were allowed to work as maids or they could work in domestic service as cooks. We will write a custom essay sample on The Taming of the Shrew specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Taming of the Shrew specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Taming of the Shrew specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Moreover, a good women in Elizabethan times was described as virgin, patient, gentle and quiet. A good women was also virtuous, pretty, shy, holy and had respect for her husband. However, a bad women was considered to be annoying, loud, excessive and ugly. A bad women would also be on that talks too much, one that is unholy, promiscuous and had no respect for her husband. Bad women where often described as the cabinet of horror, scream of an owl or the claw of a crocodile. A good example of this would be Kate in the start of this story. Shakespeare shows how women were mistreated in the scenes. For example, in Act 1 Scene 2, Petruchio explains that hes only in Padua to find a wealthy wife. He doesnt care what shes like, or who she is, as long as she has money. This shows us that men only wanted women for their wealth but not for their personality. This also gives us the impression that when men marry a wealthy women they would not really take care of her, they would only care about the money. This also hints out that women were treated as slaves. Furthermore, in Act 3 Scene 2, Petruchio shows up to the wedding late and in scruffy clothes to embarrass Katherina and which makes her extremely upset. She gets even more upset when he forces and tells her to leave the reception early to go back to his house. There was a storm during their journey home and Kate falls in the mud but Petruchio didnt help her at all. This proves to us that again women where mistreated in Elizabethan times. Another example would be in, Act 1 Scene 1; Baptista declares that his youngest daughter may not be wooed until his eldest daughter finds a husband. This shows that women were dominated by the men in their life, and had no control over who they could marry. Similarly, in Act 2 Scene 1, Gremio and Tranio meet with Baptista to try to buy Bianca. Each man lists his wealth and titles, and the man with the most money gets to marry Bianca. However, I think that Shakespeare was pointing out that such poor treatment of women is a bad thing, because he portrays Baptista, Gremio and even Tranio as being selfish or callous. He also makes reference to the fact that a man must win a womans love, rather than just her dowry, in order to have a true marriage. Therefore, Shakespeare is portraying women in a positive light by criticizing their poor treatment. On the same note, Shakespeare portrays women in a positive light by showing how a women can change another womans mind into making her respect her husband. For example, in Act 3 Scene 5, Kate speaks up for herself, and for women everywhere, saying that she has a voice. I think this show women in a positive manner because Kate gives a long speech advocating the loyalty of wives to their husbands. When the three new husbands stage a contest to see which of their wives will obey first when summoned, everyone expects Lucentio to win. Bianca, however, sends a message back refusing to obey, while Katherina comes immediately. So this shows that Kate had accepted the society view of how a woman should behave, and that she had also changed dramatically from being a Shrew to a patient, gentle and quiet person. The opening lines of Kates speech inform women to respect their husbands, then she continues by saying And dart not scornful glances from those eyes, to wound thy lord, thy king, thy governor. Here, Katherina is trying to illustrate to the women that they should not give hateful glances from their eyes, and also not to harm the lord, the king, the governor. Furthermore, as the speech goes on Kate clarifies that women are generally upset by there men because of their treatment and that the women have feelings of how they are taken care of and are very saddened about that. The relationship between men and women is terrible because men are classed as superior and women as the weaker sex.

Wednesday, March 18, 2020

A Long Hard Road of Adolescenc essays

A Long Hard Road of Adolescenc essays Reading through the novel, Go Ask Alice, finding out all of the unbelievable, yet true, experiences and feelings of Alice is quite shocking. No matter how shocking they may seem, you can very easily relate those experiences and feelings to those of a typical day-in and day-out teenager. Those characteristics being loneliness, a generation gap, and defiance. At the beginning of the novel, Alice finds herself to be very lonely. As like other teenagers, she goes through many emotional states that may lead to dieting, starving oneself, or binge eating. There are also finding such things as getting into school or club activities, possibly getting a job. Those few things would be the most reasonable approaches to resolving the problem and will keep teens from thinking lonely and depressing thoughts. Although what is unfortunate is that Alice, along with a lot of other teenagers, turn to drugs and alcohol as an escape. Once they start doing the drugs, the drugs replace those bad feelings. The generation gap is another good characteristic seen in the novel. When Alice and her family moved, she started to change her appearance in ways her parents didnt like and they were also worried because of this change in Alice. She starts to dress like a hippie, wearing moccasins and clothes with fringe. She also starts to iron her hair flat instead of wearing it with a flip. With her parents nagging at her about her change in appearance made her want to breakdown. All the feelings bottle up inside of Alice, which leads to more drug use. The situation that Alice went through is a typical situation between any other teenager and their parents. Many times throughout the novel, Alice pretty much does what she wants, when she wants no matter what. Such as when Chris and Alice go to San Francisco. They are in total control of themselves, Alice never likes when her parents try and tell her something. ...

Sunday, March 1, 2020

Geography of the Worlds Sinkholes

Geography of the World's Sinkholes A sinkhole is a natural hole that forms in the Earths surface as a result of the chemical weathering of carbonate rocks like limestone, as well as salt beds or rocks that can be severely weathered as water runs through them. The type of landscape made up of these rocks is known as karst topography and is dominated by sinkholes, internal drainage, and caves. Sinkholes vary in size but can range anywhere from 3.3 to 980 feet (1 to 300 meters) in diameter and depth. They can also form gradually over time or suddenly without warning. Sinkholes can be found all over the world and recently large ones have opened in Guatemala, Florida, and China. Depending on location, sinkholes are sometimes also called sinks, shake holes, swallow holes, swallets, dolines, or cenotes.   Natural Sinkhole Formation The main causes of sinkholes are weathering and erosion. This happens through the gradual dissolve and removal of water absorbing rock like limestone as percolating water from the Earths surface moves through it. As the rock is removed, caves and open spaces develop underground. Once these open spaces become too large to support the weight of the land above them, the surface soil collapses, creating a sinkhole. Typically, naturally occurring sinkholes are most common in limestone rock and salt beds that are easily dissolved by moving water. Sinkholes are also not normally visible from the surface as the processes that cause them are underground but sometimes, however, extremely large sinkholes have been known to have streams or rivers flowing through them.   Human Induced Sinkholes In addition to natural erosion processes on karst landscapes, sinkholes can also be caused by human activities and land-use practices. Groundwater pumping, for example, can weaken the structure of the Earths surface above the aquifer where the water is being pumped and cause a sinkhole to develop.   Humans can also cause sinkholes to develop by changing water drainage patterns through diversion and industrial water storage ponds. In each of these instances, the weight of the Earths surface is changed with the addition of the water. In some cases, the supporting material under the new storage pond, for example, may collapse and create a sinkhole. Broken underground sewer and water pipes have also been known to cause sinkholes when the introduction of free-flowing  water into otherwise dry ground weakens soil stability.   Guatemala Sinkhole An extreme example of a human-induced sinkhole occurred in Guatemala in late May 2010 when a 60 foot (18 meters) wide and 300 foot (100 meters) deep hole opened in Guatemala City. It is believed that the sinkhole was caused after a sewer pipe burst after tropical storm Agatha caused a surge of water to enter the pipe. Once the sewer pipe burst, the free-flowing water carved out an underground cavity that eventually could not support the weight of the surface soil, causing it to collapse and destroy a three-story building. The Guatemala sinkhole was worsened because Guatemala City was built on land made up of hundreds of meters of a volcanic material called pumice. The pumice in the region was easily eroded because it was recently deposited and loose- otherwise known as unconsolidated rock. When the pipe burst the excess water was easily able to erode away the pumice and weaken the structure of the ground. In this case, the sinkhole should actually be known as a piping feature because it was not caused by entirely natural forces. Geography of Sinkholes As previously mentioned, naturally occurring sinkholes mainly form in karst landscapes but they can happen anywhere with a soluble subsurface rock. In the United States, this is mainly in Florida, Texas, Alabama, Missouri, Kentucky, Tennessee, and Pennsylvania but about 35-40% of the land in the U.S. has rock beneath the surface that is easily soluble with water. The Department of Environmental Protection in Florida, for example, has a focus on sinkholes and how to educate its residents on what to do should one open up on their property. Southern Italy has also experienced numerous sinkholes, as has China, Guatemala, and Mexico. In Mexico, sinkholes are known as cenotes and they are mainly found on the Yucatan Peninsula. Over time, some of these have filled with water and look like small lakes while others are large open depressions in the land. It should also be noted that sinkholes do not occur exclusively on land. Underwater sinkholes are common around the world and formed when sea levels were lower under the same processes as those on land. When sea levels rose at the end of the last glaciation, the sinkholes became submerged. The Great Blue Hole off the coast of Belize is an example of an underwater sinkhole.   Human Uses of Sinkholes Despite their destructive nature in human-developed areas, people have developed a number of uses for sinkholes. For example, for centuries these depressions have been used as disposal sites for waste. The Maya also used the cenotes on the Yucatan Peninsula as sacrificial sites and storage areas. In addition, tourism and cave diving is popular in many of the worlds largest sinkholes. References Than, Ker. (3 June 2010). Guatemala Sinkhole Created by Humans, Not Nature. National Geographic News. Retrieved from: http://news.nationalgeographic.com/news/2010/06/100603-science-guatemala-sinkhole-2010-humans-caused/ United States Geological Survey. (29 March 2010). Sinkholes, from USGS Water Science for Schools. Retrieved from: http://water.usgs.gov/edu/sinkholes.html Wikipedia. (26 July 2010). Sinkhole - Wikipedia, the Free Encyclopedia. Retrieved from: https://en.wikipedia.org/wiki/Sinkhole

Friday, February 14, 2020

Cultural dimension Assignment Example | Topics and Well Written Essays - 250 words

Cultural dimension - Assignment Example The application of in-depth questions in the semi-structured questionnaires drew the study towards the acquisition of the required outcomes since the interviewees were not coerced to answer in a particular controlled manner. Therefore, the research process established the prevalence of a civilised culture in the Japanese society before the documentation of the Austrian culture. 2.1 Two students from Japan and Austria were selected for the interview, which involved the use of open-end questionnaires. The students were chosen because they possessed the most dominant and influential cultures in the history of civilization. With the use of open-end questions and semi-structured questionnaires, they were asked many questions; hence, they stimulated the opportunity of acquiring a wide range of answers in the absence of research bias. This was done by using the most important issues about their cultures. In this questionnaire, the participants were enquired to rate the most significant and particular issues. These questions helped in understanding concepts that hold significance to the respondents, and allowed critical decisions about the countries’ cultures. The two students answered the questions in accordance to their societal perspectives; hence, the results influenced the study to establish that the Japanese and Austrian societies were embracing democratic practices in leadership, with the common objective being the improvement of the lifestyles and economic progression. 2.2 The  next section represents an analytical approach that evaluates the information gathered during the study. Since the application of the qualitative method of survey enhanced the level of participation among the chosen sample population, it was noted that there were many differences and similarities between the Japanese and Austrian cultures. The Japanese culture is exceedingly older than the Austrian culture