Weighted Average Cost Of Capital In Estimating A Companys Capital - 550 Words

Weighted Average Cost Of Capital In Estimating A Company's Capital (Essay Sample) Content: WACC AND COST OF CAPITAL Name Course Professor’s Name Location of Institution Date WACC and Cost of Capital Usually, every business or company requires capital to fund its operations and ensure all activities run smoothly. Therefore, it is essential for companies to make investment decisions that yield a return that is higher than the cost of capital. This is vital in ensuring maximum return for the investors and shareholders of a company (Reilly Wecker, 1973, p.123-126). In light of this task, the essay primarily seeks to explain Weighted Average Cost of Capital. Besides, the paper will demonstrate the significance of WACC in estimating a company’s cost of capital. The Weighted Average Cost of Capital (WACC). According to Reilly Wecker (p.123-126), WACC is a financial metric used by investors or companies to calculate and determine the exact cost incurred to finance a given project. Notably, firms raise their capital through two primary sources; that is equity and debt financing and WACC is obtained by calculating the average of these two sources of capital. This financial metric is crucial because it allows both investors and organizations to assess and evaluate projects with similar risks and those with diverse risks. This will help them make appropriate investment decisions. In addition, WACC provides a discount rate for a financed project. Apart from that, WACC gives a clear reflection of the minimum returns that should be earned to maximize the value of creditors and shareholders of an organization (Reilly Wecker, p.123-126). Importance of WACC in estimating a firm’s cost of capital In economics and accounting, cost of capital refers to the cost of both debt and equity used for financing businesses, operations or projects of a company. In this case, Và ©lez-Pareja Tham (p. 103) states that the WACC is calculated using the following formula; WACC = Kd Ãâ€" (1-T) Ãâ€"D% + Ke Ãâ€" E% Based on this formula, it is evident that the WACC is important in valuing the cost of capital because it is used to determine the market value of a firm’s debt and equity. Equity financing is a common way used by firms to raise capital by selling shares in an enterprise. On the other hand, debt financing implies that a company can increase its working capital by selling bonds, bills, or notes to either individual or corporate investors. Therefore, WACC is essential because it represents a blended cost of capital across all sources including debt and equity financing which are used to establish the minimum rate of return a firm should earn before generating value. Once a firm has an idea of its costs of debt and equity, it will be able to estimate its cost of capital, a figure which plays a critical role in making significant decisions in the company. It is also crucial to note that corpo...

The Worst Day Of My Life - 1078 Words

Rain thrashed down savagely upon the roof of my candy apple red 1970 Mustang. The car was beautiful, but I never really worried about leaving it outside to get splattered. Even if I did care, it didn t matter. The five-car garage was already packed with all of Bill s trophy vehicles. Bill had purchased the classic for me anyway. After shutting the car door, I trudged up the driveway to the curve path that led to the double doors of my house. While I walked, icy rain seeped through my clothes, cooling my heated skin. It felt good. Football practiced had been brutal today, but then again, so had everything. In fact, today, the second week of senior year, felt like the worst day of my life. Don t think about it Jared, I mumbled to†¦show more content†¦I was starving. My gloominess had arrested me from eating and drinking all day. Obtaining food was now my top priority. I whirled around and peered through the sheeting rain to the Victorian mansion across the street, but all I could see was a vague outline. The dark blue sky had somehow shrouded my view. In all six years living in the town of Eastbay, I had never really paid much attention to the mansion. To me, it was just the house across the street. To the neighbors, however, it was the ghastly old house next to the dark forest that was never remodeled. My eyes darted to the condensed group of pine trees guarding the south side of my fence. A wind blew, and I quickly looked away. Once again my stomach grumbled. Maybe I could eat some of their oranges, I figured. Or at least ask for water, even a cup of water would be nice. Without another thought, I threw on my hood and jogged across my lawn. As I approached the house, I gazed at the wrought iron fence that lined the property. The tops stood tall, sharp like spearheads. There was no gate, however, just a large opening, and so I crossed the threshold. Honestly, this was the closest I had ever been to the house before, but maybe that was because it looked kind of eerie. Tall, dark, three-story house with elaborate designs and a steep multi-faceted roof. Wet grass squished underneath my shoes as I drew close to the porch. On either side of the stairsteps, I could see thick gnarls of scarlet red roses. TheyShow MoreRelatedThe Worst Day Of My Life848 Words   |  4 PagesEveryone has good and bad days, but this day was the worst day of my life. This day didnt just affect me, it affected my whole family, friends and the community. The worst part of this, it wasnt just a day, it was a whole two months. I was only sixteen, when this took place so I had a lot of emotions including confused, overwhelmed, and melancholy at times. It was October of 2015, my brother had pain in his head so they took him to the ER. The doctors didnt find anything so they sent him homeRead MoreThe Worst Day of My Life1026 Words   |  5 Pages2011 English-111 The Worst Day of My Life As I lie here looking up at the ceiling, unable to move, I think to myself that this could be the worst day of my life. As I try to think about how I got here I begin to put the pieces together and I realize what happened to me. This day was like any other day of my life. It was such a pretty day, the sun was shining, the sky was blue, a perfect day for a summer birthday party. My nephew was turning four years of age, so my brother was throwing himRead MoreThe Worst Day Of My Life Essay1396 Words   |  6 PagesIt was a typical day of work at Wendy’s, it was gloomy, we were all joking around, and just ready to go home. I was talking to my co-worker Nathan about the funny customers we would get, our typical random conversations. We would become bored easily when there were no customers so we would always find some way to entertain ourselves. I suddenly got a surprise visit from my two best friends which made my day so much better. They came to visit a lot so I didn’t think anything of their appearance otherRead MoreThe Worst Day Of My Life1009 Words   |  5 Pages You would think the day I got the news would be the worst day of my life so far. Or the first time I got news like that period. But when something overwhelming like that ha ppens to you, so many emotions fill you all at once. Dread, disbelief, fear, hope†¦ everything. And with all those emotions rushing through you, it becomes hard to understand what you’re actually feeling- the main emotion you’re experiencing. And so you don’t really have time to think on what’s happening because you’re so confusedRead MoreThe Worst Day Of My Life712 Words   |  3 Pageswas a hot sunny day. The sun blazed like crazy. That was the day a special girl was born. â€Å"When is it coming? When is it coming?,† I said as I scrambled out of the bedroom. The day all started when I found out my mother was in the hospital. I was extremely excited because a new girl was coming into the family. We still didn’t know what her name would be. When she was born, everyone suggested many names, but I knew exactly what I was going to call her. This was the best day of my life. It all startedRead MoreThe Worst Days Of My Life997 Words   |  4 Pages Not everything in life has a fairytale ending. There are certain times in life when you realized that you can’t hold onto grudges and anger that doesn’t do you any good. You grow to realize that family is the most important gift you will ever receive. Especially after losing someone you have cherished, loved and looked up to over the years. April 17, 2016 was one of the worst days of my life. I lost a great women who inspired me to be a better me and follow my dreams; my grandmother. She wasRead MoreThe Worst Day Of My Life703 Words   |  3 Pages One day I woke up to get ready for school just like any other day. I got dressed, brushed my teeth, and walked out the door. I felt really good that day. I felt like I was floating on a cloud ready to do anything. I felt like I never did before, like I could see anything and everything. It was like nature had granted me a wish. Later that day it suddenly became one of the worst days of my life. As my parents sat me down and told me that my Grandpa had died. I am walking home from school. It’s prettyRead MoreThe Worst Day Of My Life Essay942 Words   |  4 PagesJuly 21, 2009 was what I considered to be the worst day of my life for several years. I woke up that morning to an empty room besides my bed, an empty bookshelf, and my hamster, Skittles. In the living room I could hear the sound of boxes being taped shut and several people talking. This was the day I left my life in Omaha, Nebraska to move to Roswell, Georgia. I was ten years old and oblivious to the idea of moving to a different state. Little did I know my dad would be offered a new job in a stateRead MoreThe Worst Day Of My Life1101 Words   |  5 Pages It seemed like just an ordinary day in Corpus Christi Texas for Sam Anderson, but it would end up being the most unusual day of his life†¦ 8 months ago my parents and my brother went to San Antonio to see the Alamo. I was face timing my brother Shane when it happened. He was right outside the Alamo when all of a sudden the picture of his face went black and I could hear the thud of the phone hit the ground. Then I heard the screams, and then the gunshots and sirens- It felt like somebody just tookRead MoreThe Worst Day Of My Life Essay1276 Words   |  6 PagesThe worst day of my life was in the afternoon of September 16, 2011. I had to be woken up to get ready for school, rode the bus for an hour and a half, and spent the majority of my day wishing I was back at home. When my wish did come true, I immediately regretted it. I loved being home, but once I made my way inside my house and opened the door, I had the feeling that the rest of my day would be anything but lovely. Upon stepping foot into my home, I realized that there was an eerie vibe surrounding

The Education System Of Kazakhstan Essay - 879 Words

Education is important in many cultures because it gives an opportunity to gain the skill which is needed to navigate in the world. It plays a crucial factor in all countries. Also, it is important in the country like Kazakhstan which is developing. The education system of Kazakhstan has changed a lot from the USSR’s collapsing. It was improved and modified. However, the result of PISA ranked the knowledge of the 15 years old students to 49th in 2012 (PISA 2012 Results in Focus, 2014). The ranking shows the education system of school needs an amelioration. Therefore, the Kazakhstani government requested technical assistance to improve the nation’s educational system in 2011(PISA 2012 Results in Focus, 2014). In response, the World Bank Group launched the Joint Economic Research Program, or JERP, in order to enhance the quality of education. After researches there were provided additional technical equipment to schools but the method or approach of teaching was not chang ed. There is mistake that the way of teaching and requirements to teachers weren’t considered that could have improved the system. The method of teaching of successful countries should have considered and applied for Kazakhstani schools’ education. Therefore, this research was conducted in order to regard the gap. As an example country for application its experience Finland was chosen because Finland’s way has significant implication for reformer, especially those who is facing the same problems. FinlandShow MoreRelatedThe Problem Of Kazakhstan s Education System Essay1990 Words   |  8 Pagesattitude to the education is skeptical and biased. In addition, such phenomena as brain-drain takes place, since the best Kazakhstani students consider foreign education as the superior one that leads to the lack of the domestic specialists and decreasing of education potential of Kazakhstan in general. It is worth mentioning that Kazakhstan has the strategy to be in the row of the 50 most developed countries. Nevertheless, it is not possible without reconsidering the education system, which generallyRead MoreAnalysis Of Education Systems During The Usa And Kazakhstan Essay1890 Words   |  8 PagesAnalysis of education systems in the USA and Kazakhstan. At the beginning my paper, would like to repeat a thought of Oliver Wendell Holmes, â€Å"What lies behind us and what lies before us are tiny matters compared to what lies within us.† This is really good thought and I think this thought is linked with the problem which is happening nowadays in Kazakhstan. Kazakhstan is one of the last former Soviet Union republic which is declared independence in 1991. The ninth place in the world by land andRead More Kazakhstan’s Most Problematic Factor for Doing Business Essay1031 Words   |  5 PagesIn the period of globalization today Kazakhstan is known as a competitive and pressing towards to be economically developed country, due to its determination and activeness in the world area of global problems. The world economic forum report on global competitiveness for 2012-2013 shows that Kazakhstan is appreciated as ready for competitiveness and it has taken 51 position from 126 ones, which is actually reputable result for such country like Kazakhstan. The country is ahead from Russian FederationRead MoreBasic Human Needs. No Poverty. The Goal To End Poverty1106 Words   |  5 PagesNeeds No Poverty The goal to end poverty has been quite a challenge for Kazakhstan. Between Kazakhstan and neighboring african states, poverty is a serious issue that has made little to no improvements. Even worse, the rate is expected to rise due to climate change and insecurity of agriculture (Post-2015 Development Agenda). Zero Hunger Hunger is a worldwide issue that appears even in some of the riches states. Kazakhstan struggles with this goal where 1 out of every 4 individuals in Africa areRead MoreRole Of Technology In Kazakhstan1212 Words   |  5 Pageseducational system is not ready yet to provide and educate specialists in renewable energy management and technologies. Hosting exhibitions and conferences will not solve the problem. To get enough number of specialists with enough level of competency local universities will have to change their curricula and introduce new faculties which will also need additional time and money that the colleges and universities do not have. Inviting renewable energy specialists and experts to Kazakhstan will not fullyRead MoreThe Development Of Gifted Education1597 Words   |  7 Pagesreform on the support and development of schools for gifted students and the poor results of Kazakhstani students in PISA. Since this paper is focused on research projects in the framework of gifted education, it is essential to determine the concepts of â€Å"children as researchers† and â€Å"gifted education† by answering the question â€Å"What† and then, discuss the reasons of â€Å"Why†. 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This questionnaire was part of the development of Integrated Water Resources (IWRM) part of whose overall aim was to â€Å"develop the strategy for the achievement of the Millennium Development Goals (MDGs) for Water Supply and Sanitation† (UNDP/GWP, 2005, pg 2). The questionnaire was specifically designed to address MDG7, target 10 which is to ‘Halve by the year 2015, the proportionRead MoreUsing Visual Thinking for Effective Teaching and Learning Essay663 Words   |  3 PagesThe present diploma paper is focused on using visual thinking at the English language lessons for more effective teaching and learning. One of the priorities of Kazakhstan is the trilingual language policy of the State. The president of our country, Nursulatan Nazarbaev, has called citizens of Kazakhstan to learn three languages: Kazakh, Russian and English. He said: â€Å"Knowledge of three languages should become a standard practice for us. We are teaching these languages to our children starting fromRead MoreGreen Economy Essay1110 Words   |  5 Pageseconomy initiatives will need significant amount of money in terms of all aspects including renewable energy production equipment, infrastructure, technologies, waste recycling and water management. In the Concept for transitioning to Green economy Kazakhstan needs to â€Å"optimize resource usage, improve energy efficiency of industrial enterprises and households and the entire economy by 2020. Between 2020-2030, based on formed Green infrastructure the development of the national economy will begin which

The Sexual Harassment of Women in the Workplace †Free Samples

Question: Discuss about the Sexual Harassment in the Workplace. Answer: Context and industry information Sexual harassments in the workplace are recognizable to be the type of inequality on the foundations of sex. Discrimination is different to the standard of similar conduct that exists among female along with male. The report shows the evidence of sexual harassment in restaurants within Australia like North Sydney Restaurant. Workplace sexual irritation in North Sydney Restaurant remains as international condemnation as sex prejudice and the breach of human righteousness. The report focuses on examining operations of waiters within North Sydney Restaurant (Kensbock et al., 2014). The ideas presented are essential in the provision of the best solutions and recommendations to solve the existing problem among waiters. Cases of sexual irritation in the place of work among waiters lead to increase loss in revenue and absenteeism that lowers output in the work environment and satisfaction of job (Sexual Harassment in the Workplace, 2013). Sexual harassment among waiters within the North Syd ney Restaurant remains to be a pervasive and underreported to the authority. Legislation within the restaurant along with its incentives has not been able to eliminate and control the situation. However, strong workplace policies within the restaurant can help in prohibiting cases of sexual harassment through the provision of relevant ideas. These ideas can aid in offering training in the workplace and the complaint progression that protects employees and employers from revenge that seem to present the most assure in reducing sexual nuisance. Aggravation in the restaurant results from the unwelcome conduct based on color, race, sex, religion, age, genetic information, and nationality. Harassment in the place of work like in restaurant operations has been regard to be illegal. The practice result to the offensive conduct that lowers the productivity of waiters within the operations of an organization in the marketplaces (Penrod Fusilier, 2015). In the operations of restaurants, sexual harassment becomes illegal when the behavior is pervasive or severe adequate to make the place of work considered to intimidating abusive or hostile by responsible employees. The counterproductive behavior that relates to the gender of an individual in North Sydney Restaurant occurs with the reason or consequence that violates the dignity of waiters. The practice aims at developing the intimidation, degrading, aggressive, offensive, and humiliation setting. Therefore, sexual irritation in the North Sydney Restaurant occurs due to needs for s exual favoritism, unwanted advances of sexual desires, and other oral or physical behavior of the nature of sex that interferes with service or performance of work of an individual. The harassments in restaurant develop the hostile and offensive work environment among the waiters (Bothra, 2012). Besides, cases of sexual nuisance arise when any outline of unnecessary verbal, physical, or non-verbal behavior of nature of sex arise with cause that violate the self-respect of an individual. Nature of the problem Sexual harassment among Australian restaurants has failed to have a significant consideration to control the issue. Lack of awareness on how to deal with the situations affecting waiters is necessary by making it tough for the management to propose adequate outlines to address such cases (Otim et al., 2015). The issue creates the crisis to continue to affect operations of the restaurant. Influence in action occurs since the equality of male together with the female at the workplaces continues to be a noticeable problem in the current world. Effects resulting from the issue motivate many researchers to focus on learning how to control such effects by looking at how the problem affects operations of waiters in the North Sydney Restaurant. The report concentrates on the exploration of several factors within the restaurant that result from cases of sexual nuisance, particularly in the night operations. According to McDonald (2011), expected result of this study shall apply to facilitatin g the process of evaluation of sexual irritation. Besides, development of appropriate regulations is necessary in the creation of best plans that waiters can use to control and handle cases of sexual harassment during their operations within the organization. The designed questions will be necessary for targeting the nightlife for employers and workers during their activities in Australia community (Eaton, 2014). The research will focus on the development of different research questions that will be applicable during the interview. The discussion will help in getting differences of opinion of various waiters who operates within the North Sydney Restaurants. The research questions will comprise of the qualitative and quantitative problems to come up with the best recommendations on how to control cases of sexual harassment within the restaurants (Tinker, 2011). The plan will focus on looking if the organization is aware of the cases of sexual harassment among its workers or not. It will also discuss the best strategies that are necessary to be inclusive to aid in the reduction of sexual irritation among the waiters during their operations. Through the interview methods during collection of required data, the presentation of ideas will help in exploring if the restaurant has been able to provide the healthy environment to its waiters who complain of sexual harassment (Rimalt, 2012). Therefore, the origin plan of the investigation will target at showing the examination of the sexual harassment that waiters experience when they perform their operations. The report focuses on the presentation of the different definition, measure, and monitoring of sexual harassment that remains as a challenge to several services of waiters within the restaurant. The used research methods focus on the examination of cases of sexual harassment that is underreported leading to the reduction of efficacy of policies and legislation in the workplace. The study also aims at developing appropriate measures necessary for reporting cases to depress case of the nuisance in the workplace (Toker Sumer, 2012). The violation of human rights keeps being on the rise without proper guidelines to punish the perpetrators. In North Sydney Restaurant sexual irritation occurs when the person harassing requests or push the worker to do sexual favors to remain in the career, get a support receive an increase in salary, and avoid receiving some adverse consequences like demotion or dismissal. It also enables an individual to obtain some other opportunities that relate to the work Review of the evidence From the interviews, it is evident that sexual nuisance remains to be the form of a breach of civil rights. The study shows that harassment can result from the case where employees make unwelcomed advances of sex, desires for any manner of sex favors or physical or other verbal behavior like the sexual behavior of the employment of the worker. It also results from the cases of making a submission that aims at the denial of such action in place of work on the foundation for decisions of employment that affect the worker (Isik Kulakic, 2015). Besides, it leads to the creation of intimidating, offensive, or hostile working conditions that result from the conduct of irritation. It is evident from the views of waiters employed at the North Sydney Restaurant that the sexual nuisance includes the series of behaviors (Mushoriwa, 2014). The responses remain to be from mild annoyances to severe abuses that can include forced sexual action. Therefore, sexual irritation is a style of illegal un fairness and the psychological and sexual assault among workers in the workplace. For cases of sexual harassment to occur, the study reports that an individual has to be the sufferer of any circumstance expressed in the definitions mentioned above of cases of harassment. Every organization or society has its socio-cultural outline where the conditions show what are considerable to be the cases of sexual irritation in the place of work. As reported by Rocha (2015), apart from the waiters, sexually irritated worker can be any person, man, or woman in a management position, the customer, a colleague, a friend, or even the stranger. In most cases, harassment can occur to a person when they are completely unaware that the behavior of an individual towards their counterparts is disgusting or the conduct constitutes sexual irritation. The person who does the harassment in North Sydney Restaurant can remain uninformed that his or her activities can be illegal when taken to court dealing with gender and equality in the workplaces (Hyunmin, 2011). Those who are sexually irr itated choose their victims based on their personality. These components can include age, deficiency in assertiveness, deprived education, perceived passivity, little confidence, as well as some areas of vulnerability. Sexual harassment exists in different forms such as verbal, non-verbal, and physical. In verbal harassment, include suggestive comments and jokes of the sexual nature that goes along with sexual proposition or sexual threats to workers in their workplace (Sexual Harassment, Assault, and Rape: College Students Report Their Experiences, 2016). Non-Verbal harassment includes original, suggestive pictures or objects, commentaries of graphic, or evocative or abusive sounds. The study on the sexual harassments on operations of waiters may be insufficient in the sense that the number of respondents may not be enough in attaining the correct process of creating decisions (Mainiero Jones, 2013). Some of the respondents to the questions obligate to them by interviewer may intentionally offer incorrect information that may lead to damaging effects on the result of the study. The outcomes of the survey can also remain influenced by the call for more time for the exploration to reach a conclusio n. Methodologies used Effects of sexual harassment on restaurant operations are essential to the advancement of their business operations around the society. The method selection helps in influence how to gather appropriate information applicable to regulating cases of future incidents of sexual harassments in restaurants. The qualitative research method will let the examiner look at the effect of sexual harassments on the setup of businesses. The use of qualitative method permits the understanding of different factors that affect the rising cases of sexual harassment on organizations (Shrestha, 2013). The outcome of the study will provide the accurate baseline on methods to take that focus on controlling incidents of harassment within operations of North Sydney Restaurant. Data collected through qualitative, as a research method may be useful in cases of making policy by setting the limits for appropriate programs and rules. The systems can facilitate the creation of stresses on amenities that offer adeq uate methods to limit sexual harassment disaster in restaurants. Qualitative research method plays a role in realization on how to employ other business thoughts and examinations to control issues of sexual harassment in organizations (Rocha, 2015). Therefore, qualitative and quantitative research methodologies in this report form valuable material for reference to other evaluators on the modes of dealing with increased cases of sexual harassment in restaurants. Limitations and gaps The exact results of the examination may not succeed in creating appropriate methodologies appropriate to moderate consequences of sexual harassment within restaurant operations. In most cases, the illustration of a survey that shows parameters in the investigation will require following essential considerations before starting the process of collection of relevant information from waiters. According to Koo (2014), the gap results during the computation of data. Data calculation might fail because of the attendance of scarce resources as well as time restrictions in the process of learning the factors that result to sexual harassment on the restaurant. Moreover, limits in the exploration may occur in the course of choosing the important basis of getting support data to be valid in the course of assessment (Sexual Harassment: Addressing Sexual Harassment in the Workplace, 2013). Besides, essential content present on the usage of websites makes researchers face oppositions in compiling the last plan of data that shall apply in the examination. Findings and implications Many waiters in restaurants who have undergone sexual abuse during their operations fail to report their cases because of the panic of not seen, to be honest. The harassed panic reporting cases regarding harassment because they panic that they may fail to get a job promotion, fear of getting a caution and kept in the documentation that can lead to their interdiction by the management. They also panic of eviction from the career and get shamed from other workers who will laugh at them in the process of firing. According to Wynen (2016), there is a need for organizations to provide a healthy environment that allows the reporting of cases of abuse making the violence, as the approach can help in lowering such cases within the restaurants. There should be the appropriate law set in place to look at the right of every employee and any employee who goes against the law and abuses the fellow should face the law. Employers need to monitor their environment regularly to make sure that they ar e free of behaviors of sexual harassing. Many employees have shown that cases of abuse are on the rise and managers are the sole perpetrators. Conclusion Sexual harassment among waiter in restaurants remains to be one of the great issues that might harmfully influence the operations of such organizations. The exploration of cases of sexual harassment in this paper endeavors to reduce if not eradicating the consequences of harassment within the restaurants making many people exposable to sexual nuisance person. However, a person committing the harassment might be a woman or a man, and it is not required to be of the opposing gender. According to study, sexual harassment continues to be an active region in restaurants because most of the harassed person still believe it as a taboo that they cannot report the harasser to the authority. It results due to the social environment, values, norms, as well as culture. There exists a small point of clear coverage of the concern dealing with sexual irritation in the workplace based on gender in the Code above of Practice that the responding organizations are a party. The particular matter of sexu al anger has not yet achieved the soaring level of precedence within the framework that deals with a collective bargain in the restaurant. There is a need to perform an extensive research and debate on the issue to assist in filling the legal loopholes. Recommendations The behavior of physical harassment in the workplace includes casual physical contact such as brushing the body, touching, pinching, sexual assault coerced, or intercourse. Therefore, there is a need for a proper understanding of cases of sexual harassment to be necessary as it helps in shedding light on the basic forms of sexual (Kensbock et al., 2014). The management of the restaurant should be able to conduct a day-to-day or weekly assessment to find any issue that might be affecting their inputs during operations. Before starting of the implementation strategies against sexual harassment among waiters, it is important for the management to have a precise definition of what managers and waiters might be meaning while reporting cases of sexual harassment at work. There is a need for designing an effective enterprise-level policy on workplace focusing on sexual harassment by ensuring that it monitors the condition. The organization should also be able to develop the harassment compl aint and follow up different procedure based on clear and well-communicated channels for complaints. The complaint process should aim at identification of actions and precise mechanisms of support to victims. Lack of cooperation on sexual harassment preventions will require input from the broad cross-section of the managers and workers. Besides, management should encourage their union representatives in the workplaces to play the active role towards prevention of sexual harassment at workplaces. References Bothra, N. (2012).The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. SSRN Electronic Journal. https://dx.doi.org/10.2139/ssrn.2498990 Eaton, D. (2014). Beyond Room Service: Legal Consequences of Sexual Harassment of Staff by Hotel Guests. Cornell Hotel And Restaurant Administration Quarterly, 45(4), 347-361. https://dx.doi.org/10.1177/0010880404270064 Guyer, J. (2015). Sexual Harassment: Report from COSWA. Anthropology News, 36(9), 7-7. https://dx.doi.org/10.1111/an.1995.36.9.7.1 Hyunmi Heu,. (2011). Developing Korean Guideline for Prevention of Sexual Harrassment in Sports. Korean Society For The Sociology Of Sport, 24(4), 143-165. https://dx.doi.org/10.22173/jksss.2011.24.4.143 I?ik, I. Kulaka, . (2015). Verbal sexual harrassment: A hidden problem for Turkish adolescent girls. Asian Journal Of Women's Studies, 21(4), 431-449. https://dx.doi.org/10.1080/12259276.2015.1106855 Kensbock, S., Bailey, J., Jennings, G., Patiar, A. (2014). Sexual Harassment of Women Working as Room Attendants within 5-Star Hotels. Gender, Work Organization, 22(1), 36-50. https://dx.doi.org/10.1111/gwao.12064 Koo, S. (2014). A Legal Study for Sexual Harrassment in the Elite Sport - Focusing on a case of Short Track Sexual Harrassment. KOREA SCIENCE ART FORUM, 17, 31. https://dx.doi.org/10.17548/ksaf.2014.09.17.31 Lehman, B. (2013). Why Title VII Should Prohibit All Workplace Sexual Harassment. SSRN Electronic Journal. https://dx.doi.org/10.2139/ssrn.218528 Mainiero, L., Jones, K. (2013). 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