WIred LAN Versus Wireless Assignment Example | Topics and Well Written Essays - 500 words

WIred LAN Versus Wireless - Assignment Example tter than wireless ones, wireless networks are difficult to set up and troubleshooting is also very difficult, it is much different in the case of wired networks. Wireless networks provide mobility but wired networks can never do so, these were some of the major differences between the two. When it comes to covering a large area, the wired networks are very expensive. The wiring and cabling process is both time consuming and expensive, on the other hand wireless network doesn’t cost as much and it is hassle free. When it comes to speed wired networks offer better speed than wireless ones. This is because the connection is shared under wireless networks but the connection is not shared under wired networks hence the user gets better speed with wired networks. The difference between wired and wireless networks is the most common question asked; it is very easy to answer this one. When communication between two devices takes place without cables, it is called a wireless network, when communication between two devices takes place with cables; it is called a wired network. Wireless networks have made life easier; the communication takes place with the help of radio waves, Bluetooth etc have made life so much easier and uncomplicated. Music can be shared with others with the help of Bluetooth, wireless internet can be accessed which is very convenient and amazing. The mobility and the freedom are two of the biggest advantages of a wireless network. The clutter of wires is completely eliminated by using a wireless network. Ethernet is also known as wired networks, it has been around for quite some time now. The CAT5 cables are used to connect these wired networks, it is quite speedy and secure when compared to a wireless network. The overall cost of a wired network is much cheaper than that of a wireless network. Wireless networks have become popular in homes but in offices it is yet to pick up popularity. Wireless networks are ideal for time saving and relocation,

Unethical Status (Ageincy Problem) Case Study Example | Topics and Well Written Essays - 750 words

Unethical Status (Ageincy Problem) - Case Study Example Unethical Status (Ageincy Problem) Agency relationship occurs when shareholders (principals) hire another person or persons (agents) to undertake certain duties on behalf of them (principals). Agency theory portrays the firm as a nexus of contracts between the holders of resources. This paper explores the type of conflict in the case, effect on stakeholders, type of costs involved and how to minimize the conflict. Shareholder-Management Conflict: The case involves agency conflict between shareholders and the management. When managers hide some information from shareholders, an agency problem arises. A conflict ensues between shareholders and the managers of the organisation. Managers will most often try to pursue self-interest gains at the expense of shareholders in an imperfect market. According to agency theory, agency problem arises when managers put their self-interest goals before those of shareholders.The asymmetric flow of information in an imperfect market makes it possible for managers to pursue their self-interests rather than that of the organisation (Bhabatosh, 2008). For example, managers are usually in a better opposition to know the ability of the organisation to meet shareholders expectations than the shareholders. Because of uncertainties in the market, managers can always influence the outcome of the performance of the organisation. They can manipulate the results to be posit ive or negative in pursuit of self-interests. The conflict between shareholders arises when managers seek for deals that reduce the profit of the firm. For example, when managers seek for perquisites and pay rise, there may be a conflict between shareholders and the managers because this would most likely reduce the shareholder value. Another example is when managers try to avoid optimal risks contrary to the expectations of shareholders (Bhabatosh, 2008). Effect of the Conflict on Stakeholders When managers avoid certain risky investment opportunities for which shareholders would most likely prefer to venture in because of high gains involved, there is likely to be a clash between the management and shareholders of the company. When outside investors realise that the decision of the company is contradicting their own expectations and, thus not in their best interest, the result is discounting the prices that they can willingly pay for the shares of the company. Agency Costs Unethic al behaviour where managers take make unobserved actions courtesy of the inability of the shareholders to monitor all managerial actions leads to a morality crisis that demands shareholders to incur certain agency costs in order to keep managers on check (Kapil, 2011). Agency costs are those that are borne by shareholders in attempts to motivate managers to act in the best interest of the organisation rather than pursuing their individual interests. There are usually three main agency costs incurred by shareholders. First, shareholders are faced with the cost of monitoring the actions of the management (Kapil, 2011; Jensen & Meckling, 1976). Monitoring cost include audit cost to check on possible unethical behaviour of the management over a given financial period. Second, shareholders will have to incur structuring costs in a bid to establish organisational structure that will diminish the possibility of unethical behaviour among the management of the company (Kapil, 2011). These co sts may include the appointment of independent persons outside the company to the board of directors or reducing organisational hierarchy. Lastly, shareholders also incur the agents’