Sapient - Free Essay Example

Sample details Pages: 2 Words: 611 Downloads: 6 Date added: 2017/09/11 Category Advertising Essay Did you like this example? February 2005 Harvard Business School features Sapient as example of excellence in Leadership and Organizational Behavior â€Å"We need to be focused on our clients like no one else. And our desire for their success has to be unparalleled, it has to be. † Jerry Greenberg Co-Chairman and Co-CEO Sapient Harvard Business School (HBS) professors Joel Podolny and Rakesh Khurana recently chose Sapient to feature in a case study on leadership. Don’t waste time! Our writers will create an original "Sapient" essay for you Create order Sapient is now one of a select group of companies featured in the school’s core curriculum and is taught to all 900 first-year MBA students as part of the Leadership and Organizational Behavior class. The case study follows the company from its beginnings in 1991 through its record-breaking growth, perseverance through the difficult business climate of 2001 and 2002, and return to profitable growth in the years following. The case study is not about the growth itself, but how the firm’s leadership and unwavering attention to its â€Å"strategic context â€Å"— purpose, vision, goals, core values, and people- and client- value propositions — have enabled Sapient to adapt and thrive in a fast-changing market as they strive to build a great company that has a long-lasting impact on the world. Founded on a Single Promise From the start, Sapient’s single promise — to deliver the right business results, on-time and on-budget — was very appealing to executives who were extremely frustrated with projects going way over budget and schedule and, even worse, completed without the required business functionality. This is supported in the following excerpt from the case: Greenberg and Moore did not start a company simply with the purpose of moving with technological trends. From the beginning, they sought to build a long-lasting company that would help clients realize business impact from technology, something other consulting firms had not been able to consistently deliver. 1 Purpose and People The case study also describes how Sapient’s adaptability and success with clients can be traced to the company’s strong reliance upon and execution of its strategic context. From the earliest years of the company, Greenberg and Moore devoted tremendous time and energy to ensuring that all of Sapient’s people were keenly aware of how their actions onnected to this, as the following excerpt states: Their purpose and core values focused on client’s success. Sapient’s people understood that the purpose of a project was never to simply ensure that a technological system was put in place; rather the purpose was to meet some business goal, and a client engagement could only be considered successful when the business goal had been met, not when the â€Å"switch for the new system had been turned on. † 2 The case is available to the public via the HBS Publishing web site www. bsp. harvard. edu For more information on Sapient, visit www. sapient. com Committed to Building a Great Company To succeed for 14 years in this industry required that Sapient continually adapted to changing client demands and technology trends. Greenberg and Moore believe Sapient has demonstrated that it is possible to deliver a new level of value in this industry, but their ultimate objective is to build a long-lasting, great company that will make an impact on the world. While the case study serves as a retrospective of the company’s journey to date, Moore and Greenberg insist that the Sapient story is far from over. â€Å"We’re not satisfied with Sapient †¦ yet,† according to Moore. â€Å"We won’t be satisfied until we’ve built something that will stand the test of time, something that has no close second. It would be intolerable to settle for anything less. † 1 2 Khurana, Rakesh and Joel Podolny (2004), â€Å"Sapient Corporation,† HBS Case 9-405-04519, p. 1. IBID, p. 2.

Homophones Pail and Pale

The words pail and pale are  homophones: they sound alike but have different meanings. Definitions The noun pail refers to a bucket -- a container for holding and carrying something. The adjective pale means unusually light in color or weak. As a verb, pale means to become pale or to seem weaker or less important. As a noun, pale means a post, a fence, or a boundary (as in the expression beyond the pale). Usage Examples To wash his little red wagon, the boy brought a pail of water, a sponge, and some clean clothes.He was as black as coal, with a long, alert, intelligent, rakehell face. His eyes gleamed with mischief, and he held his head high. . . . Jupiter went where he pleased, ransacking wastebaskets, clotheslines, garbage pails, and shoe bags.(John Cheever, The Country Husband. The New Yorker, 1955)Marie walked along the path in the pale light of the dawn.Usually I spent the afternoons under the box  elder trees, or by the ditch behind the machine sheds, where dragonflies and pale blue moths circled just out of reach.(Grace Stone Coates, Wild Plums. Black Cherries, 1931)What passes for paella at most restaurants is a pale imitation of the real thing.I lit a cigar, and as I sat in my easy chair with the roses  beside me the light of the July  evening paled and paled till I sat alone in the darkness.(Bram Stoker, Bengal Roses, 1898) Idiom Alerts Beyond the Pale The idiom beyond the pale means socially or morally improper or unacceptable.The billionaire investor Peter Thiel, outed by the local arm of the Gawker media empire, secretly financed a lawsuit to destroy it. Silicon Valley did not rise en masse and say this was seriously beyond the pale.(David Streitfeld, What It Is Actually Like to Be in the Engine Room of the Start-Up Economy. The New York Times, July 5, 2016) Pale in Comparison The expression pale in comparison (with something) means to appear less important, serious, or worthwhile when compared to something else.[T]he financial benefits that come to men because of their greater investments in work early in life may  pale in comparison  to the sizable toll these investments have taken on mens relationships, especially with their children, by the time work careers subside or finish.(Victoria Hilkevitch Bedford and Barbara Formaniak Turner,  Men in Relationships. Springer,  2006) Practice Quiz (a) In the glare of the sun, Jennifers red hair seemed brighter than ever, emphasizing her _____ complexion.(b) The young woman carried a large _____ of milk on her head.(c) Colonel Kurtz was operating without any restraints, totally beyond the _____ of acceptable human conduct.(d) Pete weighed each _____  of oysters  on a scale and tallied the measures on a chalkboard next to each shuckers name.(Christopher White,  Skipjack.  Rowman   Littlefield,  2009)   Answers to Practice Exercises (a) pale(b) pail(c) pale(d) pail

Senior Seminar Research Proposal Free Essays

string(67) " on the corpse and begin looking for a place to begin pupariation\." Introduction Forensic entomology is used to determine such crimes as murder, suicide, and other criminal acts by examining various insects instead of using human tissues. This forensic tool is used to determine the postmortem interval of a corpse and the cause of death of a corpse when all other forms of human evidence (human blood, tissues, hair, etc. ) are not present at the scene. We will write a custom essay sample on Senior Seminar Research Proposal or any similar topic only for you Order Now Forensic entomologists prefer using insects to determine these factors of death because the insects produce similar results as human test materials such as human blood or tissues which yield the best analytical results for the forensic entomologist. The use of forensic entomological evidence has been accepted and used in many courts around the world (Anderson, 1999). The use of this tool in court can support or refute a suspect’s alibi and improves the criminal investigation against the suspect (Anderson, 1999). Even though forensic entomology is an efficient tool to use in criminal investigations there are some drawbacks to this analytical tool. Such disadvantages include improper collection of entomological evidence and improper analysis of insects after collection, resulting in incorrect entomological results and a possible false conviction of a suspect. The proposed research of this paper focused on insects being affected by different concentrations of ethanol during natural insect development and also focused on the detection of ethanol in insects using gas chromatography mass spectrometry (GCMS) to determine if insects were significantly affected by ethanol exposure. The research also focused on the exposure of ethanol to the insects and how this exposure affected PMI (postmortem interval) determination. Forensic entomology is a commonly used tool to determine cause and time of death by examining various characteristics of insects that are collected at the crime scene. Such characteristics include size of the insect(s) and the life cycle stage of the insect collected. Forensic entomology becomes the most accurate and sometimes the only tool available for determining time of death, especially after 72 hours (Anderson and VanLaerhoven, 1996). Forensic entomology can also determine if a body has been moved from place to place, determine where the death occurred, determine the presence of various types of drugs and toxins present (if any), wound location, and determine who the suspect and victim are due to the presence of certain insects on the body (Grisales, et al. 2010). Background/Literature Review There are five levels of decomposition identified by a forensic entomologist when conducting an entomological investigation which include fresh, bloated, active, advanced, and remains (Grisales, et al. , 2010). These stages of decomposition are important to a forensic entomologist because insects appear on a corpse periodically throughout the decompositi on cycle which therefore determines the time of death of a corpse. During these levels of decomposition insects begin to reach the corpse either by flying (adult flies) or by burrowing through the ground (pupae). Some insects can also reach the corpse by hatching from eggs (larvae) that were laid on the corpse after death. The fresh stage of decomposition involves a drop in body temperature and the appearance of very few flies on the corpse. The insects that are collected are typically larvae and are collected from the mouth of the corpse. The bloated stage of decomposition involves a significant increase in the body weight of a corpse due to rainfall exposure. The insects that are collected at this stage of decomposition are larvae found on the back, head, ears, and anus of the corpse (Grisales, et al. 2010). The active decay stage of decomposition involves fly larvae feeding on a corpse which significantly lowers the body weight of the corpse and an increased amount of fly larvae found in the intestines/ organs of the corpse (Grisales, et al. , 2010). The advanced stage of decomposition involves the fluctuation of body temperature depending on the location of the corpse and an even bigger d ecrease in body weight due to increased consumption of body tissues by fly larvae (Grisales, et al. , 2010). There is an increase in adult flies that are collected at this stage of decomposition. In the last stage of decomposition, remains, there is no continued change of the corpse and the presence of insects found decreases (Grisales, et al. , 2010). The stages of decomposition and the insects present at these stages are also used to determine the postmortem interval (PMI) of a corpse. PMI, or postmortem interval, provides important detail of situations that occurred before time of death in cases of homicide and untimely death (Byrd and Castner, 2001). Arthropods that are found on the corpse can determine the length of egg to fly transformation then to the recovered developmental stage (Gennard, 2007). The best arthropods to use are the oldest ones that were yielded from eggs when the larvae were first deposited on the corpse because they have the longest feeding time on the corpse which allows them to fully develop and retain any evidence from the corpse much longer; this will produce a more accurate PMI. Such information can help to identify both the criminal and the victim by eliminating the suspects and connecting the deceased with other individuals. The predictable physical and chemical consequences of death are usually the most reliable PMI indicators, which means knowing what an insect should look like at which developmental level to determine when a dead body became a corpse (Henssge et al. 1995). PMI is also associated with the succession rate of various insects which is another tool that is used to determine the time of death of a corpse. The succession rate includes information about the time elapsed between death and the presence of a particular arthropod or insect species and stage (Byrd and Castner, 2010). A dead body will go through very recognizable decomposition stages (physical, biological, and chemical changes) that attract various types of arthropods in each decomposition stage that are needed to determine the succession rate (Monthei, 2009). The most common succession rate estimated by an investigator is the age of larvae and the time interval between death and the arrival of larvae on the corpse (Byrd and Castner, 2010). The knowledge of what insects are supposed to be present and absent based on the season also helps to determine PMI. Calculation of PMI involves five different arthropod life stages (eggs, larvae, pupae, adult, and carcass) for flies when collecting insects from corpses. The egg stage of the fly is characterized by the laying of between 150-200 eggs, with the exception of some flies lying between 2000-3000 eggs, found on the body in cluster form within areas that provide protection, moisture, and food (Gennard, 2007). Fly eggs are typically shiny and white; the eggs have a similar appearance to that of a grain of rice. The reason for specific placement of eggs on a decomposing body is the fact that the body contains a high quality of nutrients which are used as a feeding source for the fly eggs to grow, as well as the influence of growth on other species of insects that feed on the decomposing body. The larval stage of the fly species is characterized into three stages (L1, L2, and L3) which correspond to the number of slits present on the backs of the larvae (Gennard, 2007). These slits are used by entomologists to determine what stage of life the larvae are in when collected. In the third larval stage, where larvae are the largest, the larvae stop feeding on the corpse and begin looking for a place to begin pupariation. You read "Senior Seminar Research Proposal" in category "Free Research Paper Samples" Pupariation is the final stage of development in metamorphosis into the adult stage and is generally called the larval post-feeding stage (Gennard, 2007). Pupariation typically doesn’t take place on the corpse because insects in this stage prefer to be in a cool, dark place or underground, if possible. In some instances of fly larvae in pupariation, the insects were shown to pupate on the corpse. The adult stage, or the end of the life cycle, is initiated by the arthropod pushing itself out of the puparium case and once the adult fly is free from the puparium case, the insects make their journey upward through the soil. Once the adult fly has reached the top of the soil the insects release their waste and expand their wings to make their way to other corpses or decomposing material. The adult stage may be the final stage of the life cycle but the carcass of these adult flies can also be collected as evidence along will the carcasses of arthropods in each life stage. Entomotoxicology Entomotoxicology is the analysis of insects and insect remains for the presence of toxins that may have been present in the corpse before death (Goff and Lord, 1994). Detection of various toxins and controlled substances in insects found on decomposing human remains has contributed to the determination of both cause and manner of death by determining what times of toxins were present in the corpse before death (Lord 1990, Goff and Lord 1994, Nolte et al. , 1992). Entomotoxicology also serves as an alternative analysis tool to determine the presence of toxins or cause of death when certain specimens aren’t available for collection, such as human blood or tissues. The toxicological analysis of insect biological materials is conducted in the same manner as the toxicological analysis of human biological materials, making cause of death determination more accurate (Definis- Gojanovic, 2007). Many different species of arthropods, such as flesh flies and blowflies, are used when conducting an entomotoxicological analysis and these arthropods are used to determine the PMI or time before death. The use of entomotoxicology has many advantages, which includes determination of time before death (PMI) and identification of suspect, but this analytical tool also has several disadvantages. One disadvantage includes the issue of recording the exact temperature of the insects because if the information is incorrect then the outcome of the PMI will also be incorrect. Another disadvantage of this analytical tool is the fact that it is fairly new in the forensic science field so if an individual isn’t educated on how to use the technique then valuable entomological evidence related to the case may be lost. Lastly, if proper collection of entomological evidence isn’t conducted properly, the loss of highly important evidence relating to time of death and cause of death could be lost. Cause of death is usually determined by various types of toxins that are detected in the insect after an entomotoxicological analysis was conducted. Issues with Determination of PMI The determination of PMI can be affected by multiple factors but only two will be discussed in this research proposal which include: temperature and ethanol. Temperature involves the rise or fall of temperature to such a high or low that affects the growth or succession rate of insects. Air temperature and exposure to sunlight will raise the corpse temperature which will also increase the insect succession rate. Temperature can also be influenced by such weather conditions as rain, sun, snow, and wind which can greatly affect the amount of entomological evidence collected (insects) and the outcome of a legal investigation (Sharanowski et al. , 2008). Alcohol, or ethanol, is one of the oldest abused drugs in the world that is readily available and the most commonly abused drug in Western societies (Stripp, 2007). Ethanol is a product of fermentation due to yeast cells acting on sugars from fruits and grains that produces a clear, volatile liquid that is soluble in water (Stripp, 2007). Once ethanol enters the blood stream orally it travels in the blood into other tissues. The ethanol travels to tissues with greater water content because these tissues will receive greater ethanol distribution. The ethanol concentration will be different in both the corpse and the insects due to the different water amounts found in each species (insects and corpse). The rate at which ethanol is eliminated from the body is another important factor to a forensic entomologist because this can determine the time at which the individual started drinking. The focus of this experiment will involve different concentration levels of ethanol and the effects on the growth rate of the fly species Sarophagidae (flesh flies). Proposed Research The broad, long-term objectives that this research paper is focused on determining whether ethanol can affect the growth rate of entomological evidence and how much ethanol can be detected in the insects. This research is also being conducted in an attempt to make a comparison to the other research experiments to see if the results concerning growth rate of insects exposed to such drugs as morphine or heroin are similar or different to the growth rate results of insects exposed to ethanol. This research paper includes four specific aims that was accomplished as a way to make the broad objective a more manageable piece that could was easier to manipulate. Specific aim one included determining whether ethanol could be found in both test fly species after feeding on the ethanol infused beef liver. Specific aim two involved determining which concentrations of ethanol produced the most significant changes in the flies. Specific aim three involved tracking the growth rate of the fly species that were exposed to the ethanol infused beef livers (test subjects) and those who were not (control). Specific aim four involved observing any change in the growth rate data from the fly species test subjects that were exposed to three specific concentrations of ethanol. These specific aims will be used in sequential order as a way of getting closer to solving the broad objective. Experimental Methods Overview The research experiment hypothesized there would be significant changes in the growth rate of the fly species when exposed to the three specific concentrations of ethanol. The research experiment also predicted that there would be obvious physical changes in the flies when exposed to beef livers infused with specific concentrations of ethanol at different stages of life. The experimental design constructed for this experiment involves the fly species Sarophagidae (flesh flies) feeding on beef livers infused with ethanol over a period of eight to twenty-one days which is the general life cycle for flesh flies. The three beef livers had varying concentrations of ethanol (25 ug, 50 ug, and 100 ug) injected into them that the flesh flies were exposed to. The control group for the experiment was hand massaged with deionized water as a way to keep liquid consistency amongst the groups. At the end of the experiment, the insects were collected into a test tube and then exposed to GCMS or gas chromatography mass spectrometry in an attempt to determine the presence of ethanol in the test subject (insects). The insects were also analyzed for any type of stunted or heightened growth in regards to a normal fly life cycle. This analytical test was able to show that there was ethanol present in the fly species. Experimental Variables The independent variable in this experiment is the specific concentration of ethanol that is distributed amongst the three beef livers. The dependent variable in this experiment is the growth rate of both species after exposure to ethanol as well as the specific ethanol concentrations. The controlled group was the fly larvae that were not exposed to ethanol. The other controlled variables of this experiment were the 45 degrees Farenheit (temperature) the beef livers were maintained at and the amount of beef used (8 oz. as the feeding substrate for the fly species. The experimental groups in this experiment were three larvae groups exposed to ethanol and the control group was a larvae group not exposed to ethanol. Procedures/ Measurements The following experimental design was adapted from a previous research study conducted by George et al. , 2009. Three beef livers weighing 8 oz. each were prepared using the corresponding ethanol concentrations for the three experimental groups of the fly species tested (Experimental Group Two- 25 ug, Experimental Group Three- 50 ug, and Experimental Group Four- 100 ug). 0 mL of deionized water was distributed evenly into the control group (EG 1) to maintain liquid consistency amongst all groups. A cluster of fly larvae for the three experimental groups was collected and distributed evenly amongst the three experimental groups (2-4) as well as the control group. The beef livers were contained in a small plastic tub and refrigerated at a temperature of 45 degrees Farenheit when the beef livers were not being used to discourage spoiling of beef liver as well as to avoid evaporation of ethanol. The growth rate of the test subjects from both fly species exposed to ethanol is measured (any alteration in growth rate is the factor that is being measured) over a period of three weeks. At the end of three weeks, or longer if necessary, all of the perished insects from the experiment were collected for analysis using GCMS (gas chromatography mass spectrometry) to determine the presence or absence of ethanol in the insects. Material List Deionized water Ethanol solution Fly larvae of Sarophagidae (flesh flies) Four beef livers (8 oz. each) Graduated cylinder GCMS machine Microscope Pipette Plastic tubs Refrigerator References Anderson, G. S. (1999). Wildlife Forensic Entomology: Determining Time of Death in Two Illegally Killed Black Bear Cubs. Journal of Forensic Sciences, 44(4): 856-859 Anderson, G. S. and Van Laerhoven, S. L. (1996). Initial Studies on Insects Succession on Carrion in Southwestern British Columbia. Journal of Forensic Sciences, 41: 617-625 Brown, G. , Fuke, C. , Pounder, D. J. , Robertson, L. and Sadler, D. W. (1997). Barbiturates and Analgesics in Calliphora vicina Larvae. Journal of Forensic Sciences, 42(3): 481-485 Byrd, J. H. and Castner, J. L. (2001). Forensic Entomology: The Utility of Arthropods in Legal Investigations. CRC Press: Boca Raton, FL Definis- Gojanovic, M. , Britvic, D. , Kokan, B. , and Sutlovic, D. (2007). Drug Analysis in Necrophagous Flies and Human Tissues. Arh Hig Rada Toksikol, 58: 313-316 George. K. A. , Archer, M. S. , Green, L. M. , Conlan, X. A. , and Toop, T. (2009). Effect of morphine on the growth rate of Calliphora stygia (Fabricus) (Diptera: Calliphoridae) and possible implications for forensic entomology. Forensic Science International (Online), 193(1): 21-25 Gennard, D. E. (2007). Forensic Entomology: An Introduction. Wiley: England Goff, M. L. and Lord, W. D. (1994). Entomotoxicology : A new area for forensic investigation. American Journal of Forensic Medicine and Pathology, 15:51-57 Grisales, D. , Ruiz, M. , and Villegas, S. (2010). Insects associated with exposed decomposing bodies in the Colombian Andean Coffee Region. Revista Brasileira de Entomologia, 54(4): 637-644 Henssge, C. B. , Knight, B. , Krompecher, T. , Madea, B. , and Nokes, L. (1995). The estimation of the time since death in the early postmortem period. Arnold: London Lord, W. D. (1990). Case histories of the use of insects in investigations. In Entomology and death: A procedural guide, ed. E. P. , Catts and N. H, Haskell. Clemson, SC: Joyce’s Print Shop, 9-37 Monthei, D. R. (2009). Entomotoxicological and Thermal Factors Affecting the Development of Forensically Important Flies. Virginia Polytechnic Institute and State University, Virginia Nolte, K. B. , Lord, W. D. , and Pinder, R. D. (1992). Insect Larvae Used to Detect Cocaine Poisoning in a Decomposed Body. Journal of Forensic Sciences, 37(4): 1179-1185 Sharanowski, B. J. , Walker, E. G. , and Anderson, G. S. (2008). Insect succession and decomposition patterns on shaded and sunlit carrion in Saskatchewan in three different seasons. Forensic Science International, 179: 219-240 Stripp, R. A. (2007). Drugs of Abuse. The Forensic Aspects of Poisons. Chelsea House: New York How to cite Senior Seminar Research Proposal, Essays

Empirical Examination of Customer Retention

Question: Discuss about the Empirical Examination of Customer Retention. Answer: Introduction: In the current situation of the telecommunication industry in Australia, Telstra Group is the largest operator in the country (Telstra.com.au 2017). This company operates its business on worldwide basis. The company currently has many subsidiary companies and some of the subsidiary companies of Telstra are Foxtel, Boost Sim, Telstra Singapore Pte. Ltd, Ooyala, Ericsson and Qualcomm Technologies Inc and NetGear Inc (Telstra.com.au 2017). The company has joint venture in china and Indonesia. In China, the joint venture of the company is Telstra PBS and in Indonesia, the joint venture is Telkomtelstra (Telstra.com.au 2017). The products and services of the joint venture of Telstra are in high demand. The management of the company has invested high amount of money in different acquisitions, different controlled entities like, Telstra Holdings Pty Ltd, Telstra Inc, Telstra International Limited, Telstra International (Aus) Limited, Telstra iVision Pty Ltd, Telstra Pay TV Pty Ltd and many others (Telstra.com.au 2017). The company has also invested in the joint ventures like, Foxtel Partnership, Customer Service Pty Ltd, Reach Ltd and others. The main business of the is based on the products and services like, fixed line telecommunication service, mobile telephony service, network service, internet and data service and digital television (Bhatti, Abareshi and Pittayachawan 2016). The parent company that is Telstra Corporation Limited prepares the consolidated financial statements when the subsidiaries of the company have separate legal entity. This is because, the AASB (Australian Accounting Standard Board) 10 and IFRS (International Financial Reporting Standards) 10 have suggested that the parent company requires preparing the consolidated statements in order to specify or prove its control over its subsidiaries (Aasb.gov.au 2017). As Telstra follows the accounting guidelines provided by AASB and IFRS, the company is bound to prepare the consolidated financial statements even if the subsidiaries of the company have separate legal entity. In Telstra Corporation Limited, the group of the companies is funded through share capital (Telstra.com.au 2017). The annual report of the Telstra group disclosed that there is no debenture used for funding the group of companies. At the same time, the company has also issued bonus share (Telstra.com.au 2017). The Telstra Corporation Limited owns the group of the companies. The group financial statements of reveal the policies of the company regarding its corporate governance, sustainability and solvency. As per the annual report of the company, the corporate governance of the company follows the principles and recommendations provided by ASX Corporate Governance Council (Telstra.com.au 2017). The corporate governance policies of the company ensures the health and safety of the people within the company, maintenance of the privacy of companys customers, inclusion of anti-bribery and anti-corruption strategies, proper strategies for avoiding the conflicts between the employees and management and maintenance of interests of each stakeholders of the company (Samudhram, Siew Sinnakkannu and Yeow 2016). At the same time, the corporate governance policies of the company also ensure proper disclosure of financial position of the company and maintenance of standard transparency level. The annual report of Telstra Group discloses that the company has aimed achieving the sustainability by creating positive impact on the employees, management, customers, shareholders and other stakeholders of the company (Telstra.com.au 2017). At the same time, the sustainability policy of the company also states that it is the objective of the company minimizing the overall environmental impacts (Merrett, Smith and Trindade 2016). The sustainability priorities of the company are - achieving environmental leadership, connecting everyone and full employee involvement. The financial statements of the company also indicate the solvency policies of the company. The solvency policy of the company states that the company follows a statistical approach in order to determine and manage the debt risk properly (Telstra.com.au 2017). At the same time, it also indicates that the company applies the historical impairment rates for better debt management. The prior information regarding the insolvency of the debtors and the information related to the other risks help the company maintaining its solvency properly (Featherstone 2016). The annual report of the company also states about the policies of the audit committee of the company. The Audit and Risk Committee of the company works based on the policies like, clear and open communication with the shareholders, appointing skilled, diverse and experienced board committee, clear delegation of authority, accountability and decision making, proper risk management system and maintaining and prioritizing the values and code of conducts of the company (Telstra.com.au 2017). Revealing the policies of the company related to the corporate governance, audit committee, sustainability and solvency is important because these indicate the transparency level of the financial reporting of the company (Liu et al. 2016). This actually helps the stakeholders, especially the shareholders and investors in taking investment decision. Along with that, proper information regarding the companys corporate governance, sustainability and solvency help the management setting the future goals (Perri and Shuli 2016). The non-controlling interests of the company can be identified under the consolidated income statement and statement of financial position of Telstra Group (Telstra.com.au 2017). The non-controlling interests represent the proportion of the equity ownership of the subsidiary companies of Telstra Group on which are not attributable to the parent Telstra Company (Merrett, Smith and Trindade 2016). However, the financial reports of the company do not provide any detailed information regarding the direct and indirect proportion of non-controlling interest. The company has gained goodwill on acquisition, which can be identified the Table A, where the summaries of the effects of the acquisitions done by Telstra Group are shown (Telstra.com.au 2017). In the annual report, this section can be identified under the Section 6 (Telstra.com.au 2017). The goodwill on acquisition indicates the proportion of goodwill that the company that is Telstra Group has gained by acquiring the subsidiary companies (Bhatti, Abareshi and Pittayachawan 2016). The financial report of the company discloses the impairment of the financial assets of the company. The annual report disclosed that in 2015, the total amount of impairment loss of the company was $1093 million (Telstra.com.au 2017). In the financial year 2016, the impairment loss of the company excluding the impairment of inventories, trade and other receivables was $266 million (Telstra.com.au 2017). In case of goodwill of Oolaya Holdings Group, the amount of impairment loss in 2016 was $246 million (Te lstra.com.au 2017). The Telstra Group has foreign subsidiary companies and it has conducted foreign currency transactions and the annual report of the company has disclosed that the company has translated the foreign currency transactions into proper and relevance functional currencies based on the spot exchange rate on the date of transaction (Telstra.com.au 2017). However, in the financial statements of the company do not show anything related to the foreign currency transactions. Moreover, by analyzing the annual report of Telstra Group, it can be stated that the company has disclosed most of the relevant financial and operational information. Though there are some information like, foreign current transactions, direct and indirect non-controlling interests should have been disclosed. The available financial information of the company indicates that the financial position of Telstra Group is stable. At the same time, the annual report of the company also indicates that the company is very conscious about the maintenance of proper business ethics and better relationship with its stakeholders. Reference list: Aasb.gov.au. 2017. Australian Accounting Standards Board (AASB) - Home. [online] Available at: https://www.aasb.gov.au/ [Accessed 17 Jan. 2017]. Bhatti, H., Abareshi, A. and Pittayachawan, S., 2016. An empirical examination of customer retention in mobile telecommunication services in Australia. InProceedings of the 13th International Joint Conference on e-Business and Telecommunications (ICETE 2016) vol(Vol. 2). Featherstone, T., 2016. The skills set.Company Director,32(5), p.34. Liu, Y.W., Liu, L.C., Wang, C.J. and Tsai, M.F., 2016, October. FIN10K: A Web-based Information System for Financial Report Analysis and Visualization. InProceedings of the 25th ACM International on Conference on Information and Knowledge Management(pp. 2441-2444). ACM. Merrett, A., Smith, R.L. and Trindade, R., 2016. tHe APPLicAtion oF Per Ses to smes the type 1 error no one notices?.Competition Law, Regulation and SMEs in the Asia-Pacific: Understanding the Small Business Perspective, p.123. Perri, R. and Shuli, I., 2016. Financial Statement Analysis In Albania-A Survey Of Its Applicability Among Different Users'class And The Differences From The Developed Countries.CEA Journal of Economics,4(2). Samudhram, A., Siew, E.G., Sinnakkannu, J. and Yeow, P.H., 2016. Towards a new paradigm: Activity level balanced sustainability reporting.Applied ergonomics,57, pp.94-104. Telstra.com.au. 2017. [online] Available at: https://www.telstra.com.au [Accessed 17 Jan. 2017].