Areas For Improvement And Make Recommendation Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1133 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? First, Return on Equity used to measure for a company and is very important because it compares it against its industry peers. In addition, return on equity measures companies performances and the higher the better. Thus, the higher the ROE, the more easily, the company will be able to raise money for growth. Don’t waste time! Our writers will create an original "Areas For Improvement And Make Recommendation Finance Essay" essay for you Create order There are some analysis of Net assets profit margins that the net assets profit margin indicated the profitability of investment by the owners, the higher the ratio, the higher investment gains. Net assets profit margin is to examine the level of corporate earnings, the total return on assets are not from the owners and creditors both sides to jointly examine the level of profitability of the entire enterprise. Besides that, we found that UMW Holdings Bhd is getting lower ratio in ROE. Therefore, its having the adjusted reasons that the listed companies have the motivation and behavior of profit manipulation. There are some ways to improve UMW Holdings Bhd, to raise the issue price, the issue of price-earnings ratio is restricted profit manipulation and manipulate the profits qualified for rationing. Earnings per share, Net assets per share and ROE truly reflect the profitability of listed companies, the key lies in whether the listed companies profit manipulation. Secondly, UM V Holdings may have to improve their current ratio by paying some debts, increasing their current assets from loans or other borrowings with a maturity of more than one year. Converting non-current assets into current assets and increasing their current assets from new equity contributions. Besides that, UMW Holdings Bhd also can putting profits back into their businesses. In addition, we found that Tan Chong Motor Holdings Bhd is getting lower ratio value in the measurement of Cash flow margin and acid test ratio. There are some ways to improve it by organize their billing schedule, stretch out their payables, take advantage of early payment incentives, balance their client base, check their pricing, dont buy all in one place, form a buying cooperative, renegotiate their insurance and supplier policies, tighten their inventory and consider leasing instead of buying. To improve the company function liquidity, Sweep accounts:ÂÂ  Use sweep accounts through financial inst itution. This will allow companies to earn interest on any excess cash balances by sweeping or transferring the funds into an interest-bearing account when the funds arent needed and sweeping them back to your operating account when the companies need them. Based on the analysis, UMW Holdings Bhd and Tan Chong Motor Holdings Bhd can implement this sweep accounts in their financial institution to increase their money liquidity. Overhead:ÂÂ  Overhead costs in a companys financial statement, thus lowering down overhead costs is crucial. Lowering overhead has a direct and huge impact on profitability. Indirect expenses such as Overhead expenses, including rent, advertising, indirect labor and professional fees, incur to operate the business outside of direct material and direct labor. Both companies UMW holdings Bhd and Tan chong Motor Holdings Bhd have to cutting out the overhead costs in order for them to increase the function liquidity. Unproductive assets:ÂÂ  Its tim e for UMW holdings Bhd and Tan chong Motor Holdings Bhd to get rid of unproductive assets thar the business is just storing. The only reason is money should spend on assets such as buildings, equipment and vehicles is to generate revenues. Accounts receivable:UMW holdings Bhd and Tan chong Motor Holdings Bhd have toÂÂ  monitor accounts receivables effectively to ensure clients were properly billed and receive prompt payments. Accounts payable:Tan chong Motor Holdings Bhd has the lower cash flow margin, thus they have toÂÂ  negotiate longer payment terms with their vendors whenever possible to keep money longer. Revenue Enhancement: Time to Market for Higher Value Product Expense Reduction: Enhanced Continuous Improvement Expense Reduction: Better Inventory Management Increase company income As a businessman, there is plenty of way to increase our income. Meanwhile, some ways take time while others are fast. One of the quickest ways to increase the profits is by branding your business. Creating a brand for a business can result in amazing growth. Consumers have more confident in buying products when the brand is known. Here are three techniques to help Tan Chong Motor Holdings Bhd and UMW Holdings Bhd. Make It Personal A company personality helps customers connect with you. But if a company do not have the personality on them, they will fail in conducting a business even they have the best product in the world. Consumers will give their trust much faster on a company when they can resonate with on a personal level. Plan Ahead In any aspect of business, have a long-term planning is very important whereby a company able to target their goals to achieve. Tan Chong Motor Holdings Bhd and UMW Holdings Bhd have their own goals setting throughout the three years. Watch the Competition Throughout the analysis, both financial statement of Tan Chong Motor Holdings Bhd and UMW Holdings Bhd are closely compare to each other. They have ti watch what their competitors are doing in order to surpass one another. The most important is keep an eye on how their opponents is approaching things because it is a big key towards success. Keep Your Focus When you make any decision in your business, keep your branding efforts in mind. If something you do does not fit well with the image you hope to portray it can do more harm than good. Staying focused will help to eliminate problems like these. These are just a few of the many simple steps you can take to increase your business income through the use of a brand. Branding a business really is easier than most realize and the profits from this one activity alone can mean the difference between a business that makes decent money and a business that generates profit even you never thought possible. Reduce the company debt/liabilities Business debt can be a good thing. It helps companies to establish their businesses, fund growth or invest for the future. However, if the level of borrowing becomes excessive it can lead to many problems, such as Insufficient of cash, Not having contingency to deal with unexpected costs, reducing the value of the business, reducing the value of the business, losing the confidence of stakeholders, inability to invest, reduced service/product quality. Furthermore, there are four basic strategies that can help companies out of excessive debt. First, reducing costs playing a crucial role in reducing dept. Secondly, companies have to increase their income in order to lighten up their financial dept. Besides, through the balance sheets it clearly prove that UMW Holdings have more debts compare to Tan Chong Motor Holdings Bhd, whereby there is a way to reduce the debt is by restructure liabilities. Lastly, raise more capitals in company financial.

Freedom of Speech and Expression and Responsibility Essay

Freedom of Speech and Responsibility No matter how fervently someone believes in the justice of his cause, suppression of the free exchange of ideas is failure at best or downright wrong. The power or might behind an idea does not make the idea right. Many powerful people throughout history have been wrong. Few people, if any, would judge Mr. Smith Goes to Washington to be subversive or wrong. In 1939 Ambassador Kennedy was so caught up in the fears of the times that he was willing to use the power of his money to protect the world against a film. When people are caught up in the movements of their time, all people must be extra zealous to guard and encourage freedom of expression. Otherwise, a mob mentality reigns, and people†¦show more content†¦Prisoners of war have described the mind control techniques of their captors, and the techniques center around allowing the prisoners to express only acceptable things. In fact, mind control is essentially controlling what a person says. George Orwell wrote a classic book, 1984, in which the plot revolves around the mind or expression control techniques of Big Brother. People who are not free to express fully what they are thinking are not free in their thoughts or lives. After all, dont we often form and solidify our thoughts as we express them? What is the counseling process except people finding personal freedom by expressing thoughts and feelings that have been repressed? How do people hide their repressive actions? They confuse such things as patriotism, loyalty, or duty with repression. Would a patriotic person ever knock his commander or the commander-in-chief, the President? They use legitimate exceptions such as national security to squelch the proper spread of information. Any time someones God given right to express himself is abridged, the people abridging that right better have clear and universally accepted reasons. Even God Himself does not abridge a persons right to express himself. 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How could social media, such as Facebook, allow a live airing of a murder and hold it as acceptable, or part of a first amendment right to freedom of speech and expression? With such issues in mind, Facebook should better censor or monitor their live newsfeeds to avoid further escalations of violence. One of the dangers of Facebook is the public can now view life as it happens, while allowing the authorRead MorePay Structure In The Entertainment Industry. Primarily,751 Words   |  4 Pages This makes it very clear, that there is barely any discrimination in the pay structure of a man and a woman. The media allots roles to the individuals as per the scripts made and the character required. Also, it pays an individual as per the responsibility and the role assigned. Article 14 of the Indian Constitution states that attaining equality in its literal sense is not possible, only proportionate equality can be attained. In the present case media makes use of â€Å"intelligible differentia† and

Explain to the Board of Director Free Essays

Explain to the board of director how he or she could use the talent management approach to improve his or her company’s performance? A talented work force is an employer’s most valuable asset. The talent, skills and contributions your employees bring to the workplace can make or break your organization. Company productivity and profitability depend almost solely on your work force. We will write a custom essay sample on Explain to the Board of Director or any similar topic only for you Order Now Therefore, retaining talent is extremely important to executive leadership and human resources departments. Activities related to talent retention are sometimes referred to as part of the talent management process. Some employers combine recruitment, selection and talent retention to achieve talent management goals:- 1 Identify your organization’s most talented workers. Employees with exceptional work skills, aptitude, interpersonal skills and desire for success are generally referred to as the most talented; however, employees who lack one of these attributes or need improvement in another area should not be ruled out. Talented employees also demonstrate traits such as high motivation, initiative and discipline. They are the ones who seek additional responsibility and have performance appraisals to prove they are dedicated to helping your company achieve success. 2 Review the performance evaluations of your most talented employees. Determine their strengths and areas for improvement; use this information to draft the outline for a discussion about the employee’s career aspirations. Don’t be discouraged if your meeting with the employee reveals career aspirations in another field. Taking the time to discuss this topic sends the message that the employee is a valued contributor. One of the reasons employees often cite for leaving a company is that they feel the company overlooks their contributions or doesn’t acknowledge their opinions. 3 Conduct a needs assessment to determine the training and development necessary to retain employees with the most promise. Include an assessment to determine training for employees who demonstrate aptitude as well. Consider conducting focus groups with supervisors, managers and executive leadership to determine the best way to keep talented employees satisfied and challenged. Review the job descriptions, duties and responsibilities of employees whom you’ve identified as the most talented. Re-read performance evaluations for professional goals of these employees and compare them to their current duties. If they don’t match very well, consider revising job duties or assigning more challenging work to keep them motivated. Talented employees who are dissatisfied with their current responsibilities look for o pportunities elsewhere. You can prevent their departure by offering opportunities that further develop their skills and prepare them for future roles within the company through human resources strategy and succession planning. 5 Recognize your talented employees with letters of commendation, tokens of appreciation or coveted roles within the organization. Employers can retain talent through very simple actions that demonstrate their appreciation for hard workers. Human resources best practices suggest recognition and, in some cases, employee rewards increase motivation and improve retention of talented employees. How to cite Explain to the Board of Director, Essay examples

Leadership and Communication Development Plan

Question: Discuss about theLeadership and Communicationfor Development Plan. Answer: Focused Drive Capability to focus on a goal that will help in the achievement of that goal. Component: Focus and Drive Experience Can be developed with prior training. It can be enhanced through more assigned tasks that will help in achieving the goal. Skills/Knowledge Time management Multitasking Setting the goals Task prioritization How/When Prioritizing the assigned tasks Developing the SMART goal Directing the time and energy Achieving the goal within a target period. Development Plan Focused Drive Capability to focus on a goal that will help in the achievement of that goal. Component: Focus and Drive Experience Can be developed with prior training. It can be enhanced through more assigned tasks that will help in achieving the goal. Skills/Knowledge Time management Multitasking Setting the goals Task prioritization How/When Prioritizing the assigned tasks Developing the SMART goal Directing the time and energy Achieving the goal within a target period. Conceptual Thinking It has the capability of conceiving and selecting the new ideas. Components: Innovation and big picture thinking Experience Capability of identifying the underlying issues Gained by going through the framework of an assigned task. It can be increased by facing the issues of more and more tasks. Skills/ Knowledge Experiment the ways of ideas Asking provocative questions Pushing the envelope Long-term thought Trust development How/When Dealing with the issues and experimenting the ideas Taking the situation into account asking the possible related question regarding creativity Focusing on the forces and the events acting upon the organization. Development Plan The quality of leadership is the essential element to have the control upon the organisation. The assessment of the leadership includes the five major areas of competencies. These competencies collectively make the leadership effective in an organisation. Also, an effective leadership has the inclusion of strategic thinking that refers to a cognitive activity that helps in producing a thought in the organisation (Hackman Johnson, 2013). The strategic management of the organisation involves the leadership along with the strategic thinking that acts positively for the future of the organisation. The development of the leadership quality in an organisation can get proved as highly competitive that can change the business landscapes. The competencies required for the development of the leadership qualities are the focused drive, emotional intelligence, conceptual thinking, building trust and system thinking. Each of the competencies of the leadership associated with particular type of b ehaviour or skills within the organisation (Johansson, Miller Hamrin, 2014). These competencies make the findings for an effective leadership along with that helps in developing strategic foresight for the capacity of the organisation. For that reason, an assessment of the leadership qualities prepared that includes the questionnaires. Those questionnaires do have a direct relation with the competencies of leadership. The thorough study of the questionnaire will provide an insight upon the areas of the strengths of the leadership along with those areas that need to develop. The study of the questionnaire will help in assessing the effectiveness of leadership in the organisation (Kahai, Huang Jestice, 2012). These questions in one way or other must be related to one of the competencies mentioned above. Therefore the questionnaire provided the questions with their respective scores as per the competency of the individual. That is the reason each of the competencies possessing their respective scores. These score a calculated from the given fifty questionnaires. Out of which the building trust or enabling others scored the highest point, i.e. 28 out of 50. The emotional intelligence and systems thinking scored the same amount of marks, i.e. 25 out of 50. The least scored by the focused drive and the conceptual thinking is 24 and 23 out of 50 respectively (Moore, 2016). In that situation, the observation from the scores of the questionnaires that the organisation needs much development in focused drive and conceptual thinking. With the development of which, there will be the enhancement of the effectiveness of leadership. As the two competencies, focused drive and the conceptual thinking scored less in the questionnaire. Therefore it needs to be developed. The focused drive is such a competency that focuses on the certain goals of the organisation and considers the steps required to achieve the goals (Kahai, Huang Jestice, 2012). There are some key components of the competency, namely, drive, focus and motivation. In this competency, the collaborative results of the three components help in enhancing the focused drive with enhancing the leadership. The term focus is the key component that has the ability regarding the determination of a particular target. On the contrary, the drive is the component that contains the ability to try hard to achieve the target. In both the processes motivation is the factor that plays a major role (Johansson, Miller Hamrin, 2014). The motivational activities along with the key components result in a high rate of enhancement in the focused drive. As the questionnaire sa ys there is the low score in the competency of the focused drive, therefore, it needs to be developed to achieve the enhancement in leadership. The focused drive competency majorly can be developed through development in the time management, goal-setting and the multi-tasking. In the initial phases, this competency is developed through the setting of SMART goals which will help in prioritising the tasks. This will enable the organisation to have the direction of its time and energy towards the specific target or goal of the organisation. Like for example, if any individual has aimed towards the increase in his or her reputation in the organisation then he or she must need to give some extraordinary efforts in the completion of the task before given period (Hackman Johnson, 2013). Due to which he or she needs to direct his or her time along with the energy that will help in prioritising the assigned task. The prioritisation will help the individual in meeting the given deadlines tha t will help in the increase in reputation in the organisation. The management of time is also an essential part which will help in achieving the tasks and meeting the deadlines. Apart from experience also counts its effects on the competency, as the experiences mostly gained from the skills and knowledge (Kahai, Huang Jestice, 2012). Similarly, the second competency that needs to develop is the conceptual thinking. It includes two of its competencies. The concept of conceptual thinking is the competency that acts through conceiving and selecting the ideas and thoughts of innovative strategies for the organization. The presence of conceptual thinking in the organisation brings up the new working procedures in the organisation. It comprises of its two key components namely the innovation and big-picture thinking. These two components make the conceptual thinking very active in the organisation (Moore, 2016). The innovation is the part that has the ability that would help in enhancing the ideas in the organisation. The enhancement of the ideas regarding the products and the services of the organization leads towards the bottom line success of the organisation. Similarly the second component, big-picture thinking can look at all the factors that are affected by the current situation of the organization. The conceptua l thinking in an organization enables the calculation of the people or events or the forces that are being affected by the scenario of the organisation. The increase in the conceptual thinking in any individual of the organisation will help the individual in detecting the issues that are hampering the growth of the organisation (Hackman Johnson, 2013). This will lead to the adoption of innovative ideas that will lead to the bottom line success of the organisation. The unwanted forces or the events that are hampering the growth will get eradicated with the broadening of the ideas on the situation. In an organisation, the conceptual thinking can be developed with the experimenting the new ways of ideating, by asking the provocative questions. Along with that, there will have the pushing of the envelope. In that process the individual in the organisation need to think long- term through which there will be the development of trust and the stand back in the organisation. These two comp etencies are to be developed to enable a strong and superior leadership in the organisation. It will also complete the strength that required for the future development of the organization. References: Hackman, M. Z., Johnson, C. E. (2013).Leadership: A communication perspective. Waveland Press. Johansson, C., D. Miller, V., Hamrin, S. (2014). Conceptualizing communicative leadership: A framework for analysing and developing leaders communication competence.Corporate Communications: An International Journal,19(2), 147-165. Kahai, S. S., Huang, R., Jestice, R. J. (2012). Interaction effect of leadership and communication media on feedback positivity in virtual teams.Group Organization Management, 1059601112462061. Moore, A. M. (2016).Communication and Leadership Styles Utilized by Mill Managers Compared to Front Line Leaders(Doctoral dissertation, GONZAGA UNIVERSITY).

Nursing Patients Notes Essay Sample free essay sample

I. Describe the function of the undermentioned endocrines in the formation of piss. specifically explain the stimulation for their release. actions ( decrease/increase GFR ) and whether or non dilute/concentrated urine consequences ) : ADH ( Vasopressin ) – ADH has an antidiuretic action that prevents the production of dilute piss. Formation of urine = in the DCT and roll uping canals. H2O motion out of the organic structure is regulated by ADH. Stimulus for their release = lowered blood force per unit area or low salt or H2O concentration in the blood will excite the release of ADH from the posterior hypophysis. Actions ( decrease/increase GFR ) = increased ADH would diminish the GFR and a lessening in ADH would increase GFR. Dilute/Concentrated Urine Results = if there is a high sum of ADH. H2O moves out and will bring forth concentrated piss and if ADH is absent H2O will non be reabsorbed and will bring forth dilute piss. We will write a custom essay sample on Nursing Patients Notes Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Renin-Angiotesin-Aldosterone System Stimulation for their release = if blood force per unit area drops dramatically this will trip renin secernment from the JG cells. renin acts on angiotensinogen to organize angiotonin I. angiotonin I is converted to angiotensin II hence angiotensin II causes mean arterial force per unit area to lift and stimulates the adrenal cerebral mantle to let go of aldosterone. As a consequence. both systemic and glomerular hydrostatic force per unit area rises. Actions ( decrease/increase GFR ) = the motorial arteriole constricts. coercing blood to construct up in the glomerulus. which maintains the GFR. The activation of the RAAS causes a lessening in GFR. Dilute/Concentrated Urine Results = activation of the Renin-Angiotensin-Aldosterone System will ensue in concentrated urine consequences. Atrial Naturetic Pepetide ( ANP ) Hormone Stimulation for their release = big addition in blood volume promotes release of ANP. Actions = consequence is more urinary end product. less blood volume and decreased blood force per unit area. GFR will increase with the release of ANP. Dilute/Concentrated Urine Results = piss will be more dilute. II. Diabetic patients ( with hyperglycaemia ) . typically have symptoms of polyuria. polydypsia and polyphagia. Define these footings and explicate why these patients are polyuric and polydypsic. Polyuria is the inordinate secernment of piss. Polydypsia causes blood hyperosmolarity. this status activates the thirst centre in hypothalamus and makes the capable drink inordinate H2O. Polyphagia is inordinate feeding. Patients that are polyuric can hold diabetes. diabetes mellitus. premenstrual syndrome. urinary rocks. Common causes are bladder conditions. congestive bosom failure. cystitis. or generalized anxiousness upset. Uncommon causes causes include anorexia nervosa. interstitial cystitis. and sickle-cell anemia. Rare causes can be different types of malignant neoplastic disease. cushing’s syndrome and pituitary tumours. Patients that are polydypsic can perchance be diagnosed with diabetes insipidus and diabetes mellitus. Often as one of the initial symptoms. and in those who fail to take their anti-diabetic medicines or whose doses have become unequal. It can besides be caused by a alteration in the osmolality of the extracellular fluids of the organic structure. hypokalemia. decreased blood volume and other conditions that create a H2O shortage. This is normally a consequence of osmotic diuresis. Polydipsia is besides a symptom of anticholinergic toxic condition. Zinc is besides known to cut down symptoms of polydipsia by doing the organic structure to absorb fluids more expeditiously ( decrease of diarrhoea induces irregularity ) and it causes the organic structure to retain more Na ; therefore a Zn lack can be a possible cause. Major tranquilizers can hold side effects such as dry oral cavity that may do the patient feel thirsty. III. A 45-year-old patient was admitted to the infirmary with a diagnosing of cirrhosis of the liver. He is thin and malnourished. His venters is really big due to an accretion of fluid in the abdominal pit. His lower appendages are really conceited. A. Explain why these alterations have occurred. B. The nurse is detecting him closely for the possibility of GI hemorrhage. Why is this considered a possible complication? C. Explain the consequence of his conditions on his GFR and why. MODULE IV-TOPIC 2- DISCUSSIONS ( GRADED ) : ACID-BASE/pH-BALANCE For full recognition. your engagement is require in at LEAST 3 ( Out of 4 ) of the clinical scenerios. Good fortune this hebdomad as you prepare for Module IV Lecture Exam with these constructs. 1. Gossip. an undergraduate. has normal PCO2 degrees. high H+ degrees. low pH and hydrogen carbonate degrees. What type of perturbation is Gossip enduring from and what might do this? If his PCO2 were elevated. would your reply alteration? Explain. Gossip is sing metabolic acidosis. Metabolic acidosis focuses on reduced hydrogen carbonate and decreased pH degrees. Common causes are loss of hydrogen carbonate due to diarrhea. accretion of acid ( ketonemia ) . and nephritic disfunction. Yes. if PCO2 degrees were elevated but merely if she were to go on to hold low pH degrees. Gossip would most probably be sing respiratory acidosis because that is caused from addition PCO2 and decreased pH. 2. Diabetess mellitus produces many homeostatic instabilities. including acidosis. The pH instability is due to ketoacidosis. which consequences from inordinate accretion of by-products of fat metamorphosis. as the organic structure can non run into energy demands from saccharide metamorphosis. Sally is a adolescent diabetic who sometimes Rebels by non taking her insulin. Her female parent takes her to the infirmary because her external respiration has become deep and panting. Explain Sally’s take a breathing form. What other compensatory responses may happen and would they happen earlier or later than the respiratory response? I think Sally is sing metabolic acidosis. and the respiratory response is hyperventilation which increases loss of CO2 hence the ground she is take a breathing profoundly and panting. Besides. if compensation is complete. pH will be within normal scope but HCO3- will be low. 3. Mary. a nursing pupil. has been caring for burn patients. She notices that they systematically show elevated degrees of K in their piss and admirations why. What would you state her? Patients who have Burnss will lose a profuse sum of H2O. going hypovolaemic. every bit good as electrolytes and go dehydrated rapidly. The organic structure wants to seek and keep homeostasis so the Renin-Angiotensin-Aldosterone system will trip to conserve every bit much Na as possible ; for every three Na ions withheld in the system. the organic structure pumps two K ions out into urine elimination. The organic structure is seeking to keep on to more Na so there is more potassium being excreted in the piss. 4. Why does K concentration rise in patients with acidosis? What is this called? What effects does it hold? MODULE V-TOPIC 1- DISCUSSIONS ( GRADED ) : Development 1. Describe the function of Corpus luteum: 1A. station ovulation and 1B. station nidation ( if gestation occurred ) 2. A 25-year-old adult female stated that it had been six hebdomads since her last menstruations. Her gestation trial was positive. By the 6th month of gestation. she felt irregular contractions of the womb but no complications were present. After nine months. a healthy. 7 pound. . 3 oz miss was delivered with no complications. Breast eating was planned. 2A. What hormonal constituent is the footing of gestation trials? 2B. What prevented the womb from originating labour before the designated bringing clip? 2C. Describe the positive feedback systems that occur during labour and bringing 2D. What maintains milk production after birth? 2E. Is it possible to acquire pregnant during the clip of chest eating? Explain your reply. [ pic ] [ movie ] [ movie ]

Bushs Cold War essays

Bush's Cold War essays For fifty years, the total purpose of American foreign interaction was to stop the spread of Communism. Only the threat of annihilation could prevent the citizens from rolling back into their traditional isolationism. George Washington himself preached that the United States should stay out of European affairs, and his people didnt forget that. Keeping their noses out of Europeans business was like second nature. Unfortunately, the Cold War changed that. If the US wanted to keep its allies democratic, or at least dictatorial, it would have to give them a reason to stay that way. In Eastern Europe, countries were given money and other supplies to keep themselves out of poverty. Impoverished people tend to turn towards Communism. In South America, harsh dictators were supported only because a dictator is not going to let his people turn against him. For the longest time, this plan worked. However, fifty years is a long time. By the time the USSR broke up in 1991, the American people were used to meddling in foreign affairs. Sitting back and funding internal improvements and the economy no longer appealed to the Great Society. As a consequence, the old President Bush defended Kuwait from Iraq, not so much that it was necessary for the United States, but because it seemed right and just. This policy has been imitated in Bosnia, Kosovo, and partially in Iraq (after no Weapons of Mass Destruction were found, Bush tried to turn this into a war to save the Iraqi people). This is not a good trend. If the US continues to meddle in other peoples business, it will make some powerful enemies. The United Nations has already been deeply offended when Bush ignored its demand not to invade Iraq. Being the largest cooperation of democratic nations in the world, the UN is not a group to infuriate. If the European Union decides to shun the US, a crippling amou ...

Reflect upon your own coaching practise (coaching sessions you have Essay

Reflect upon your own coaching practise (coaching sessions you have delivered) and critically explore the range of models and techniques used. (3000 words) - Essay Example The major type of coaching is educational coaching which offers an opportunity for learning as well as mentorship consequently improving academic or learning skills hence academic performance. Coaching is a one on one leaning mode that has been in existence for a long period but much focus has been put on this learning method especially in the recent past. This paper is a reflection of the importance of coaching, the different micro coaching models, and coaching strategies especially those I applied in my micro coaching sessions, and an analysis of why some worked perfectly while others proved to be problematic. During my micro coaching sessions, I realized how I would enjoy some coaching techniques and strategies while others were a blunder and made me feel like quitting or terminating my sessions. Coaching takes different spans of time with micro coaching taking a short period but producing excellent results if done properly. During my micro coaching sessions, I realized strategies like the five whys’ strategy was so pressurizing while others like the Grow model proved supportive and pleasing. I will endeavour to analyse reasons why some were not accommodating and how one can improve to generate better results than I managed. The sessions also helped me realise the importance of the coach understanding the needs of the coachee, their behaviours and attitude to decide on the appropriate coaching strategy. Before discussing the coaching techniques and strategies, it is important I first discuss why I found it important to engage in the micro coaching sessions. The major importance of enrolling in micro coaching was to get challenged which enabled me to focus and realize my potential. The coaching process amplified my desire to learn and i have surely improved on my review and learning skills. Coaching also helped me to improve my self-esteem since the coach motivated me to improve on my performance and when I saw an improvement in my results my

The Electoral College System Essay Example | Topics and Well Written Essays - 500 words

The Electoral College System - Essay Example The existence of Electoral College Vote system has ensured that only candidates who win the majority Electoral College votes ascend to power. The Electoral College vote system comprises of 538 electors who determine the occupant of the white house. The presidency of the USA is won by whoever gets 270 of the electors’ votes. Electoral College votes vary in different states and the winner of a state’s majority votes wins all the college electoral votes of that particular state. In Bush vs Al Gore case, Al Gore had won in the popular votes, but there was a fierce disagreement over who won the Florida state. Florida State was to decide the winning candidate in terms of electoral votes. Bush won the majority votes in Florida by being declared popular vote winner in that state. This case was later taken to the Florida court, which ordered a recount, but there was a problem on the method to be used in recounting. However, the case was later taken to the US Supreme Court, which nullified the recount process and later made unsatisfactory decision the ultimate winner was George W. Bush. Considering that even the US Supreme Court justices were divided on this matter, it is unclear whether the decision made was political or was strictly based on judicial grounds. Thanks to Al Gore who conceded defeat having realized that based on the supreme court decision, he only managed 266 electoral votes against Bush’s 271 (Baker 1-3).The Electoral College system is believed to be catering for the minority and special group interests. A candidate must consider these groups since their votes may be a determinant in winning a particular state’s popular votes hence college electoral votes. In addition, the college electoral votes promote political stability by allowing only two major parties to exist.

Juvenie Justice Research Paper Example | Topics and Well Written Essays - 2000 words

Juvenie Justice - Research Paper Example We would look into the findings of William Blackstone one of the first pioneering advocates that inspired the early Americans to effectively improvise Juvenile law in the state legislature. This paper would further account for the varying reasons that uphold the prevention of Juvenile courts and the investigation of on stake delinquencies for appropriate juvenile constitution. In addition the thesis by stands on analysis pertaining to the addressed issues, strategies and the intervention procedures necessary to compensate juvenile offences. Conclusively this particular paper would effectively highlight previous cases of interest and how effectively these shaped in making the US society what they are today and the comprehensive procedures affiliated with them along the way. Juvenile justice A standing juvenile court (or undeveloped criminal's court) is a court of law partaking distinct power to try and authorize decisions and in particular judgments for criminalities committed by chil dren, teenagers or adolescents who ought to not have reached the minimum stage of preponderance. In furthermost contemporary lawful structures, felonies committed by youngsters and juveniles are treated in a different way as opposed to the similar criminalities committed by adults. Unembellished felonies, like assassination or gang-related deeds, in forty four states of the United States of America are seen upon as the equal crimes committed by a grown person: "Inaugurating near to almost thirty five years ago, proliferations in vehement infantile crime allowed adjudicators to relocate adolescents and young juveniles to adult-criminal law courts. On no account does countrywide statistics exist arranged to specify the numeral figure of adolescent criminals impeached as adults.† The constitution has extensively demarcated a route amongst juvenile and adult criminals, but that line has stayed strained at dissimilar spaces, for altered motives. Initially in United States antiquity , the law was deeply prejudiced by the mutual law of England, which administered the American colonies. One of the most significant English attorneys of the period was William Blackstone. Blackstone’s Explanations on the Commandments of England, first printed in the late 1760s, were extensively read and venerated by our nation’s founders. Throughout the nineteenth century, the handling of juveniles in the United States initiated to alteration. Communal campaigners initiated to produce exceptional amenities for disturbed juveniles, specifically in large cities. In New York City, the public for the Preclusion of Juvenile Law-breaking recognized the New York House of Refuge to line young delinquents in 1825. The Chicago Reform School was unbolted in 1855. The crusaders who reinforced these organizations wanted to defend youthful reprobates by unraveling them from adult criminals. They also focused on reintegration vexing to help undeveloped offenders evade an upcoming lif e of wrongdoing. In 1899, the principal juvenile court in the United States was recognized in Cook County, Illinois. The impression swiftly wedged on, and indoor to 25 years, most states had established up juvenile court arrangements. The initial juvenile courts united with restructuring schools the same longing to reeducate

Entrepreneurial Management In Marks And Spencer

Entrepreneurial Management In Marks And Spencer The issue of entrepreneurial management is utterly important for any organisation, as it is responsible for the realisation of strategic plans and business objectives by means of the human resources available for a company. This report discusses the perspectives and challenges of entrepreneurial management in Marks Spencer and particularly the issue of the relationship with human resources. The analysis of the problem relies on the models of organisational design context, organisational culture and entrepreneurial skills. The author explores and analyses the changes that the organisational has undergone in respects to MSs organisational structure and how their culture has been formulated. The necessary components of core managerial skills and competencies have been discussed in-line with MSs entrepreneurial activities. These factors have been evaluated and recommendations have been made. The author concludes that on the one hand, the recent reduction of the levels in the organisational structure of MS is beneficial for the company as the communication between the level, transparency and overall effectiveness increase. On the other hand, precise hierarchy and centralisation (mechanistic structure) make the company inflexible and difficult to adapt. Also tight environmental conditions and the current strategic objectives emphasise the need for organisational learning and professional development for both common employees and managers, which should be oriented to develop their existing entrepreneurial skills. The author states that MS should reward the most active and progressive managers creating motivation by all means. It is recommended that the organisational structure is flattened further, managerial control and communication should be improved to ensure better performances of MS and that the company should act in a more consultative manner. 2. Case Study: Marks Spencer The company Marks Spencer (MS) was founded by Michael Marks in 1884. Michael initially opened a stall at Leeds Kirkgate market that sold various items such as nails, screws, soap and wooden spoons for a penny each. In 1893 Michael decided to return back to his home routes in Manchester, and set up a shop downstairs from where he lived. He decided to seek a business partner; the business partner being Thomas Spencer. Today, MS is the largest UK retailer with 600 domestic outlets. Furthermore, the company is presented in over 40 other countries (294 foreign outlets). Marks Spencer concentrates predominantly of clothing and food retailing, which constitute 49% and 51% of its business respectively. The company offers stylish, high quality and great value clothing, as well as giving customers the opportunity to purchase food that is of outstanding quality that has been responsibly sourced from approximately 2,000 suppliers globally. The company has grown substantially throughout the years; the company direction and strategies have been manipulated to cater for the needs and desires of their existing and potential customer base and other stakeholders such as the employees, community, suppliers, shareholders and so forth. MS believes that their company values of Quality, Value, Service, Innovation and Trust are not newly established, and state that they are the principles that the business was founded (MS, 2010). More than 75,000 are employed by the firm all over the world. In 2009, revenue of MS was equal to  £9,062 million; net income constituted  £506 million. The companys profitability has been much higher prior to the recession. The company is listed on the London Stock Exchange (LSE) and is included in the FTSE 100 Index (MS, 2009). The share price reached its peak in 2007, and took a dramatic fall in 2008. MS has a variety of competitors ranging from the main supermarket groups, to specialists in fashion and homeware. The competitive environment has changed in recent years due to the rise of home shopping, and more consumers purchasing products from catalogues and the Internet. MS have to compete on price, what they have to offer, the rising expectations of the consumers and on the in-store experience. MSs management recognise the need to do business in an ethical way; to provide products and services to stimulate public interest and to abide by legislations/regulations such as consumers rights, environmental rules and other Industry regulations. Management have attracted 21 million people visiting the stores each week by their entrepreneurial implementations through their decision making processes by acting competitively and innovatively, also by differentiating themselves from their competitors in the retail industry by what they have to offer and by their strong ethical stance. The organisational design, organisational culture and the entrepreneurial skills that the management possess have contributed to MSs success in recent years. Management have been able to spot opportunities first were other competitors havent, or have not been fast enough to act; such as in 2002 MS announced that it was the first ever retailer to use only free-range eggs in all of their products, in 2005 MSs Cafe Revive were the first UK Coffee chain to offer Fair-Trade tea and coffee as standard, and in 2008 by becoming the first retailer to remove all artificial colour and flavourings from their entire food and soft drinks range (MS, 2008). MS empl oyees may therefore feel a sense of satisfaction for working for a well established, strongly ethical and successful company, thus potentially improving their co-operation and motivational levels. Stuart Rose, the Chairman/Chief Executive of MS expressed that the company has a key goal in everything they do: to build a sustainable business for the long term, generating shareholder value through consistent, profitable growth whilst making sure that customers can trust them to do the right thing. Rose states that customers of MS have told us that despite the impact of the recession our commitment to the environment and trading fairly is still important to them (MS, 2009). MS have planned ambitions to satisfy the general public by challenging themselves with the implementation of Plan A, aiming to become the worlds most sustainable major retailer by 2015 that could also prove to be a factor that encourages customer loyalty and help establishing a competitive advantage. Plan A was launched in January 2007 and is a five year eco-plan which has a positive contribution to the environment and society in every aspect of how MS do business so that they grow in a sustainable way. The plan addresses challenges across five areas: Climate change, waste, sustainable raw materials, fair partner and health (http://plana.marksandspencer.com). MS has a standard centralised organisational structure that is characteristic to the majority of the UK multiple retailers. The organisation structure is vertical (Whitehead, 1994). MS has moved to a new flatter structure recently, which implies the reduction of organisational layers in the structure (Varley, 2006); this therefore makes the organisation faster to perceive any changes and respond to them. Due to the organisation having a large complex structure, MS have to ensure that managerial control and communication throughout the hierarchy is efficient and effective to try ensuring high employee morale and motivation, thus a more efficient and effective workforce to meet MSs strategic objectives. This is a key problem area that MS need to focus on. The structure of the hierarchy is complex; therefore employees attitudes and values may only be conveyed to the employees line manager. This reflects the importance of communication in MS between the vertical levels of authority. The leadership style is autocratic; the business decisions are typically made and influenced by management only with a lack of consultation of the employees. Consultation could give employees recognition, motivation and a sense of belonging/need. The recession has had direct effect on MS in terms of profitability and their entrepreneurial thinking in decision making processes, due to the serious nature and potential negative associations that can follow from such an economic downturn. In October 2008 Stuart Rose stated that Consumer confidence remained fragile and the retail environment was unpredictable (http://business.timesonline.co.uk); this enforcing company management to act in an entrepreneurial way, by being alert and acting rapidly in the best interests of the organisation and its stakeholders. MSs management realise that there is an importance of having the ability to spot any opportunities available; in the scope to improve customer loyalty and confidence in the brand to attempt to overcome the negative side effects of the recession and assisting the creation of stability/prosperity for the company. According to Morgan (2001) the corporation provides the training of technical skills and business competencies of their employees. Afterwards, the effectiveness analysis of the learning is conducted within six months (Schutt, 2006). The learning process is necessary for the management to develop entrepreneurial skills to lead the workforce in an effective, appropriate and motivational manner. In January 2009 management announced that they were to cut costs by reducing their workforce by 1000 staff members across the retail stores, head office and their support functions (www.telegraph.co.uk). This reflects the need for strict management of the workforce and certain constraints to be implemented in such a dynamic environment to meet short/long term company objectives. The company comprehend the requirement to ensure that there is a focused balance between each of the stakeholders needs and desires; sacrifices such as these cost cutting measures have been implemented in attempts to outweigh financial uncertainty. According to Stiegert and Kim (2009) the rewards and bonuses for the employees in MS have been reduced considerably with the coming of the global financial crisis; which could be detrimental for the workforces future efficiency, motivation and morale; thus potentially affecting customer satisfaction levels. MS strive to satisfy stakeholders through the utilisation of the management team and their employees. They emphasise the need for effective managerial control in-line with company objectives; for the employees to know the entailment of their job specifications to provide efficiency that may contribute to a competitive advantage being established for MS. The outcome of this process will decide the companys future competitive stance in their market. 3. Context of Organisational Design According to Ferrell (1979) and Gibson et al. (2003), the notion of organisational design is directly associated with the creation of formal relationship, roles and processes within an organisation. The researcher has chosen the model that describes the context of organisational design, since it is necessary to analyse the framework and conditions of the management process and managers roles within Marks Spencer from the very beginning. According to Stanford (2005), the model of the context of organisational design is five-fold, where all the components are mutually influenced. The context of organisational design in Marks Spencer can be presented as follows: Structure: MS has a standard centralised organisational structure that is characteristic to the majority of the UK multiple retailers. Marks Spencer does not possess any manufacturing facilities in Great Britain. This means that the success of this retail business is determined by greater centralisation. The company has a vertical structure (Whitehead, 1994). MS has moved to a new flatter structure recently, which implies the reduction of organisational layers in the structure (Varley, 2006). The composition of the second-layer management team is the following: human resources, international business, retail, IT and logistics, food, store marketing and design, merchandise, finance and operations, marketing (MS, 2009). It can be argued that such hierarchy and the reduced number or levels in the organisational structure to be an advantage (mechanistic structure). The communication between the layers is better arranged, tasks and responsibilities are clearly defined, which is the key to stability. However, it may be argued that the whole organisation is less flexible and adaptive as in the case of organic structure. This deals predominantly with the initiative of lower rank managers. Size: According to the size, Marks Spencer can be classified as a large business, since the company employs more than 75,000 people all over the world (MS, 2010). Huge size implies extensive hierarchy from the CEO to a common worker (Coe, 2004). Despite the fact that organisational structure has been flattened recently, it is complicated anyway. Huge size obliges MS to state and restate precise responsibilities on a regular basis. The fulfilment of duties raises the problem of advanced managerial control. Environment: The environment in which Marks Spencer operates can be characterised as complex. The company is to respect consumer rights, operate according to the regulations in the industry and comply with environmental rules such as waste control (Bevan, 2001). Furthermore, MS is responsible to provide timely salaries and wages to its employees (Jones and Simmons, 1990). Moreover, the company is to adjust to recent social changes, which imply that the UK residents tend to spend more time online than outdoors. It is valid to argue that such a complex environment makes the management process within MS more difficult. Better entrepreneurial skills are required from the top management. And more sophisticated strategies should be used. It can be argued that in such conditions, there is a pressing need for greater integration of the departments of Marks Spencer. Technology: The technologies implemented in Marks Spencer would be rather characterised as routine technologies. Being of a clothes and food retailer, the company faces automatic and frequently repeated processes and tasks. Very few employees are required to demonstrate a creative approach to their responsibilities (non-routine technologies) (Dobson et al., 2004). It may be argued that routine technologies in MS can be explained by the considerable hierarchal organisational structure. In such a case the presence of bureaucracy is inevitable. It is valid to argue that the existing bureaucratic organisational structure should be improved by a more creative management process. This requires better entrepreneurial skills from the managers themselves. But this will enable to upgrade the inter-level communication quality. Strategy: Corporate strategy is quite a broad notion, but it can be stated that the key objectives of MS is to accentuate its own brand, to improve the clothing segment in order to reach the balance between food and clothing retail. Furthermore, the company seeks to improve the line of Home Beauty in its retail stores, to accelerate the programme of store renewal, improve the supply chain and start to use the space in outlets more effectively (MS, 2009; MS, 2010). In May 2008 a press release stated that international sales and profits were up by 16.8% and 33% (http://news.bbc.co.uk); it could be suggested that MS are hoping to overcome some weaknesses of the UKs current economic climate with geographical diversification by increasing stores internationally. As it is seen, these business strategic issues require optimisation and rationalisation of the existing directions. This means that MS is to provide professional training and organisational learning for its employees. According to Morgan (2001) the corporation provides the training of technical skills and business competencies of their employees. Afterwards, the effectiveness analysis of the learning is conducted within six months (Schutt, 2006). It may be argued by the author that the discussed strategic orientation of MS requires more specialised training of the employees. Furthermore, the training should not be academic by nature, but it must be integrated into the practical fulfillment of responsibilities. It is supposed that learning groups should be organised within departments and the team work is to be emphasised in such learning. The model of organisational design context can be criticised for the fact that it does not take into account the dimension of industry. Retail industry, in which Marks Spencer is engaged, is attributed to numerous specific features that do matter in the aspects of organisational learning, entrepreneurial skills and competences. First of all, this industry is customer-oriented (Stanford, 2005). Second, the whole structure should be aimed to provide a stable and high-quality service. From this standpoint, culture of communication, fast reaction between the organisational layers and strong lea dership are sufficient. 4. Organisational Culture The model of organisational culture has been chosen for discussion because it embraces a wide range of management categories associated with the company. It is possible to discuss leadership styles, controls and rewards in organisational processes. Managerial ethics and inter-industry specifics are also included into the model (Pinches, 1999). As it was mentioned, the previous model lacked these industry-related issues. However, the framework was formulated on the foundation of very fundamental assumptions about how organisations work and how they are managed (Cameron and Quinn, 2006); these assumptions may not be true of all organisations in practice; the model also represents that each of the four inputs are of equal importance in prescribing culture, this may not always be the case. Organisational processes: Discussing the leadership styles in Marks Spencer it is quite difficult to generalise since different managers can choose different leadership depending on personal preferences, educational background and experience. Nevertheless, the top managers of the company have been numerously characterised in the past as having an autocratic leadership style (Williams, 1992). This means that with such state of affairs the authority of managers is high, but the autonomy of departments, groups and individuals in the decision-making process is low (Messick and Kramer, 2005; Mullins, 2007). This is partially explained by the centralised vertical structure with considerable number of layers. It is difficult to judge whether this style is the best one for MS, but it is valid to assume that it contributes to bureaucracy, lower motivation and absence of the necessity of personal development of employees. Hence, the management can be at least recommended to improve the autonomy of the creative departm ents. The employees engaged in non-routine technologies should be managed consultatively. According to Stiegert and Kim (2009) the rewards and bonuses for the employees in MS have been reduced considerably with the coming of the global financial crisis. A press release in May 2008 stated that store teams are set to share  £12.8 million; the previous year MS paid a record of  £91 million in bonuses to its 75,000 staff (http://investmentmarkets.co.uk). This could generate negative effect on the motivation and productivity of the personnel. It can be argued that the corporation should find the possibility to reward the most active and progressive managers and employees. However, Stuart Rose believes MS are expecting market conditions to remain difficult for the foreseeable future and are managing the business accordingly. Tight stock control and management of costs are priority. (http://corporate.marksandspencer.com) The company announced cuts of 1000 jobs in January 2009; this could create uncertainty in the workforce that may lead to a lack of motivation, morale and in crease absenteeism levels due to stress and anxiety. Cognitive processes: One of the strongest features of MS is that the company supports professional ethics. This characteristic refers to both the employees and customers of the company. Managerial decisions and actions cannot contradict to the existing regulations (MS, 2010). Nevertheless, the process of strategic thinking is vertical as in the case of organisational structure. It is valid to argue that lower rank managers should be involved into the process of strategic thinking. Behaviours: Group member behaviour in Marks Spencer can be described as traditional teamwork. This kind of member and manager behaviour is characteristic to centralised vertical organisational structures (Morgan, 2001). Such form of behaviour implies lower control by group members and greater control by group facilitators. Again, the company can be criticised for increased control over employees and strict frameworks in which the employees have to perform their functions. Values: The values of Marks Spencer are the following: quality, service, innovation, trust and commitment towards employees and valued people (MS, 2010). The implementation of Plan A strives to meet the environmental concerns of the company, employees and customers, encouraging people to live a greener lifestyle (MS, 2010). Human resources are among the highest values of the company. However, such direction is to be confirmed by the practical actions of the corporation. 5. Entrepreneurial Skills Another model that can be applied to characterise Marks Spencer is the entrepreneurial skills model. It has been chosen for the discussion because it vividly illustrates the necessary components of core managerial skills and competencies developing that take place within the company to contribute towards forming the organisations culture and design. However though, research to determine whether identifiable relationships exist between the performance of the firm, the learning mode of the organisation and organisational competence does not provide clear statistically significant relationships and further work is clearly needed (Chaston et al, 1999). Entrepreneurial skills- The necessary components of core managerial skills and competencies: Research and practice connected to competence is focused by the ambition to achieve superior performance, and for economic gain or business success (Spencer and Spencer, 1993). As it has been already mentioned, the personnel of Marks Spencer participate in regular organisational learning aimed to develop the core skills and competencies (Johansson, 2004). However, the researcher argues that such learning is necessary in the first place for the management of the company to develop entrepreneurial skills; Deakins and Freel (2003) proclaim that there is need for sophisticated knowledge and competencies to operate larger production runs and manage a workforce. It may be stated that the connection to the industry should be emphasised at every stage. The business should focus on the management to build a reliable customer-oriented service. An Industry opportunity has been spotted by management in the implementation of Plan A, in which MS feel has motivated employees and involved them in taking part in contributing to the good cause that they have an interest in in the community where they and the customers live. Costs have also been reduced in result of Plan A, with a  £50 million surplus in 2009/2010 (http://plana.marksandspencer.com). It could be argued that the management team implementing these changes relate to the definition of an entrepreneur as according to Schumpeter and Kirzner. Shumpeter (1934) believed the entrepreneur is a special person who brings about change, whilst Kirzner (1979) believed the entrepreneur is anyone who is alert to the profitable opportunities for exchange; who has additional knowledge which enables the recognition and exploitation of an opportunity (Deakins and Freel, 2003). The skill to recognise and exploit the positive financial, environmental and employee motivational implications of Plan A appears to be welcomed by the general public (through the knowledge gathered from customers (MS 2009) which could establish a competitive advantage). Also by the company and its employees due to the improvement of environmental issues that may affect all of the stakeholders; and by the savings that have been made that can be utilised in other means to the companys strategic advantage. Personal motivation is necessary for managers. If they possess this, it would be a transmitter to further organisational levels. According to Lussier (2009) managers have come to realise that a motivated workforce can contribute powerfully to bottom-line profits and that the poor performance of employees can be caused inadvertently by managers themselves potentially due to their lack of motivation. In this light, the bonuses and rewards for the managers are extremely important. David Michels (Deputy Chairman of MS) expressed that he believes good governance encourages entrepreneurship and innovation within a framework of accountability (http://corporate.marksandspencer.com). The general management skills and human relationship skills appear to be the fundamental competencies for managers. 6. Conclusion and Recommendation It may be concluded that on the one hand, the reduction of the levels in the organisational structure of Marks Spencer is beneficial for the company as the communication between the level, transparency and overall effectiveness increase. On the other hand, precise hierarchy and centralisation (mechanistic structure) make the company inflexible and difficult to adapt. MS can be recommended to flatten its structure even more because the number of departments and layers has remained high in spite of the restructuring that was attempted (MS, 2010). Furthermore, communication, quality control and managerial control over the fulfilment of employees responsibilities should be improved to ensure better performance in the company. Tight environmental conditions and the current strategic objectives emphasise the need for organisational learning and professional development for both common employees and managers. In particular, the professional training of common employees should be carried out in real teams (departments) and should be practical. The professional development of managers in MS should be oriented to develop their entrepreneurial skills. Marks Spencer can be recommended to concentrate on industry specifics, general management and human relationship. Furthermore, the company is to reward the most active and progressive managers creating motivation by all means. MS can be recommended to reconsider leadership styles with respect to creative workers engaged in non-routing technologies (from autocratic to consultative). In addition, lower rank managers are to be involved into the decision-making process of MS that may encourage them to act in a more enthusiastic intrapreneurial way.

Nike strategy :: essays research papers

After Nike’s success in the US is inarguable, its intent to focus on the international markets. The company wants to generate more than half of its revenue from overseas. In my opinion, Nike’s strategies and tactics are to seek on the opportunity to do the marketing on its radical, rebellious and anti-establishment images to the international markets and to benefit from its use of overseas factories to outsource manufacturing processes. For example, †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  A Nike ad in Soccer America magazine that delivered the massage to Europe, Asia and Latin America. Part of its message mentioned to their local investors to better invest in some deodorant. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  A TV commercial featured a Manchester United player explaining how spitting at a fan and insulting a coach won him a Nike contract. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  A Nike advertising campaign at the Atlanta Olympic Games with the slogan â€Å"You don’t win silver, you lose gold.† †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  A Nike’s factories in Vietnam, China and Indonesian. For those marketing efforts, Nike does successful to promote itself with its not-quite-nice images and also generate some criticism that I think they are irresponsible as we can see from their ad that they does not create any positive effects to the society. For its use of overseas factories, it is great opportunity to expand the production base to the lower cost of labor, but it is totally irresponsible and unethical when labor practice does not meet the standard. In my point of view, the most unethical Nike’s decision is not to take the responsibility to ensure at least minimum and humane standards that it should offer to its work force. For example, in Vietnam, Nike paid its workers less than the cost of three meals of rice and vegetables and tofu. It treated workers no better than in sweatshops with only two drinks of water and one bathroom break in an eight hour shift. Also Nike let its contractors in developing countries to use child labor under sub-standard conditions. On the other hand, the least unethical Nike’s decision is to have a TV commercial featured a Manchester United player explaining how spitting at a fan and insulting a coach won him a Nike contract.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The reason that I reach these judgments, for the most unethical decision, Nike lacks of social responsibilities in term of both legal and ethical responsibilities. Although, there were some people agree with sweatshops because it was better than the firm leaves the workers, it was the best of the workers’ only bad options or it was a path from poverty to greater wealth, but if at least Nike improved their workers working standards, it would help to better increase their quality of lives.

Benefit and Compensation

This company is a commercial contractor with annual revenue between 10-20 million dollars (PC One Source Contracting, 2013). According to their website, PC begins part-time general laborers at $10. 50 per hour (www. Vociferousness. Com). They offer medical benefits, vacation pay, and merit increases for full time employees. Management and project leaders are also offered a car allowance, and retirement plans (www. Vociferousness. Com). Bellow Disaster Restoration is an international commercial construction company with operations in both Michigan and Arizona.Bellow currently creates approximately $20 million in revenue within the Detroit area (Bellow Property Restoration, 2013). They offer pay structures (depending on position) within both markets averaging from minimum wage to $1 00,000 per year (Bellow Group Salaries, 2014). They offer incentive programs for early completion of projects, bonuses for exceeding sales goals, and merit increases for exceeding performance or promotions. In addition, Bellow offers medical benefits, accrued paid time off, paid sick leave, retirement plans, and car allowance and travel expense reimbursement for applicable employees (Bellow Group Salaries, 2014).According to Glissando. Com, the national average wage for commercial contractors (not including additional benefits in a total compensation package) is $65,239 (Salary: Contractor, 2014). In both markets, competitors of similar size are offering wages between minimum and approximately $100,000 per year (dependent on position). Competitors also offer compensation packages with merit increases, health insurance, paid vacations, productivity incentives, retirement plans, and are within the national average compensation of $65,239 for commercial construction contractors.This market survey and evaluation will allow Clayton Commercial Construction to better prepare a competitive and relevant compensation package for employees of the Detroit, Michigan and Arizona operations. Compens ation Structure and Position in Market Since the company wants to be comparable to other construction companies it is easier to determine the pay structure that can be used for the company. This can be achieved by using the practice of benchmarking. This can be done one of two ways.The company can take a direct approach, go around to different companies in Arizona, and see if their human resources department will give them a look at how theirs works. Another way to benchmark would be to use the internet job boards to see what current salaries in the area are going for. The best recommendation would be to grade each job on a points scale to decide difficulty and importance. From there decide which jobs have an average salary and which ones should have a pay scale based on time in service and skill level.From there the company can identify how many positions for each job title the will have and can factor in the projected payroll of the company against the projected gross value. This will allow for growth within the company as well staying competitive with other companies. For the expansion to Arizona, the company will have to look at trying to undercut prices Of competitors. The positioning will be weak and should look to specialize in smaller jobs. According to central. Com (2014) the top 10 companies billing is from $500 million to $47 million.This company currently nets about 20% of the tenth ranked company's billing amount. Positioning themselves as a smaller company that offers a more intimate experience is the marketing strategy to go with. People like to do business with companies that give the impression of personal touch. Bigger companies can lose this eel and open the door for other businesses. This is where Clayton Commercial can really make their money. Compensation and Benefits Strategy Expanding into a new market presents many challenges, but perhaps the most critical element is recruiting excellent talent in the new market to ensure successful gr owth.Ensuring that Clayton Commercial Construction is attractive to potential hires is the key goal behind designing a competitive compensation and benefits strategy. Our recommendation for Clayton is to provide a wide variety of options to employees and then allowing them to hose the benefits they want to pay for. We recommend assigning costs to each benefit, and we will provide employees with a budget of â€Å"Benefit Dollars† to spend on the benefits they care about most. Employees may go over these â€Å"benefit dollar† budgets, but they will be responsible for extra expenses beyond their budget.We recommend allotting employees 20% of their annual base salary in â€Å"benefit dollars† to spend how they choose, and then charging employees based on the benefits they take. This cafeteria-style approach will allow Clayton to save money by not paying for benefits that are r low extreme flexibility to Clayton employees. It will also reinforce with the employees of Clayton just how much these benefits cost much off benefit the company is paying for. Morale and employ appreciation will be higher and employees will be less likely to tall benefits packages for granted.Regarding compensation, we erect Clayton utilize market research to set and maintain comparable Our preliminary research indicates that in Arizona, a typical front construction worker earns roughly $31 ,OHO per year (Indeed. Com skilled tradesman makes $46,000 per year (Salary. Com, 2014), an, rings home $120,000 (Salary. Com, 2014). In terms of raises, rata annual raises, we recommend that Clayton conduct annual mark into comparable salaries and then adjust pay as needed to stay IR with industry norms.Claptrap's plan is to increase workforce size which constitutes 130 employees. Assuming we have 1 director, 45 skilled laborers, 60 unskilled laborers, and 21 support staff, ‘M manage three different full construction teams. Each team will h manager, 15 skilled laborers, 20 uns killed laborers, and seven soul resulting in a per-team annual cost of roughly $1. 7 million. Clap dated that they are aiming for a net revenue growth of -3%, we r this team aim for exact revenue neutral, so they must earn $1. 7 revenue to offset the increased cost.Performance Incentives and A performance incentive system is and merit pay is a way to retail employees and should be used to recruit top employees. Enema) set goals for their employees that are attainable and realistic, who turn motivate them to work harder to attain the goals set by the Some incentives to look at would be bonuses, stock, and time off Merit pay is used frequently amongst businesses to pay their me based on performance. In order for the merit pay program to be employers must assure that the reward is delivered to the top en will be prominently healthier than raises given to average or subs employees.The theory of performance-based compensation for is that they should be compensated generously for out perf ormer workers, but if a worker performance is ordinary, that worker cord should show that. Compensation law The primary federal law to be aware of when it comes to compel benefits is the Employee Retirement Income Security Act, or IRIS sets the standards ensuring employee benefits plans are fair and mound and establishes employer obligations to provide benefit AR retirement plans (United States Department of Labor, 2009).Thud requires persons managing plan funds to refrain from conflict of transactions, disclose information on conditions of the plan, and the funds of the plan to the exclusive benefit of participants. ERE! Codifies provisions for COBRA, which gives former employees of large companies the right to continue health coverage at previous group rates, well as establishing rules for exclusions relating to preexisting conditions (United States Department of Labor, 2009). With regard to state law, there are a few requirements: Clayton is required to pay employees twice a Mont no more than 16 days apart, on regularly scheduled paydays.Employees w work beyond 40 hours in a week must receive 1. 5 times normal base and characteristics such as sex, ethnicity, and religious preference may not be considered when determining salaries (State Bar of Arizona, 2014). Conclusion To assist with the expansion to Arizona, it was important for Clayton Commercial Construction's strategies are comparable to other commercial construction business within the area. Team a made recommendations WI sat considerations with the compensation laws, benefits, incentives and marketing to assist Clayton Commercial Construction to excel in their new location.

Die For Your Couintry essays

Die For Your Couintry essays Is it Glorious to Die for your Country? Is it glorious to die for your country?.... This question has been posed to many young people about to embark on war although the answer has usually been yes in response to their country due mainly to the fact that the government instills it in the people of the country to support one's country and one way is to send young abled bodied men into the army. If you were one individual that was not in favour of fighting for your country you would surely become an outcast by the countries people. To avoid ridicule and becoming outcasted by the people living around you, you would join the army just in the thought that you were obligated to for the sole sake of your country. Such thoughts were reinforced by the government promotion of propaganda. Glorifying death is not needed to be taught and should be up to the sole individual. School systems should teach an unbiased point of view of war to enable the child to make their own decision to fight for one's country. Is it Glorious to Die for your Country? Within the education system it was instructed to the teachers to teach the children at a young age during the brink of war to instill that their the life of the country and for them to defend their country against the enemy. Teachers showed being in a army was representing honour and the pride of the country. Guilt was laid on the students who showed rebellion by the teacher. Many times the teacher would try to show a soldier that looks happy and content trying to represent being a soldier makes you happy and content. Many young inexperienced soldiers were sent to training camps near the battle fields that they would soon be sent to fight, for their country and their life. The training camps were situated on similar enviroments that resembled the battle fields of where the fighting would take place. Reinforced displine to the young ...

The Bell Jar and Isolation Essay Example

The Bell Jar and Isolation Essay Example The Bell Jar and Isolation Essay The Bell Jar and Isolation Essay Isolation in general has a lasting effect on a person’s growth and understanding. As isolation comes in different forms, the effect it has on the nature of man also varies. The one thing that all forms of isolation have in common is that they influence an individual’s growth in some way. Forced isolation is isolation that is involuntary, or against the will. Isolation in which an individual isolates himself or herself is considered self-inflicted. Both of these types have adverse effects on an individual’s growth. Social isolation, as opposed to forced or self-inflicted isolation, has the most detrimental effect on an individual’s mental growth and understanding of illusion versus reality as it deprives the individual of the necessary factors that shape him or her into an acceptable member of society, manifested in William Golding’s Lord of the Flies. The need for rules is instrumental in influencing an individual’s mental growth. This aspect of human nature is taken away by social isolation in Lord of the Flies. As the novel progresses, the boys agree that â€Å" [they’ve] got to have rules and obey them† (Golding 42). This affirms the boys’ innate need for rules and structure. For a time, rules are what bind the boys together. As rules and regulations begin to deteriorate, the boys’ senses begin to fade away as well. These rules begin to lose power as social isolation slowly strips away the their humanity and they begin to lose sight of reality. Another factor needed for growth into an acceptable member of society is the need for social interaction, or the need for assembly. More than once Ralph, the elected leader in Lord of the Flies, voices his opinions that â€Å" [they] need an assembly†(Golding 79). Social interaction is a necessity that shapes an individual into an accepted member of society. It is through relationships that people are able to learn common behavior that is universally acceptable. Family and community relationships are another part of the boy’s lives stolen by social isolation. Without some form of interaction, an individual becomes lost in the very core of his or her own nature. This rarely results in benefit to the individual as explored in this novel. Deprived of social interaction, the boys as a whole begin to lose sight of who they really are. A misunderstanding of illusion versus reality is amplified in J. D. Salinger’s The Catcher in the Rye. Self-inflicted isolation, portrayed by Salinger’s protagonist, Holden Caulfield, does not have the same effect on an individual as social isolation does. Self-inflicted isolation is not the most detrimental form of isolation, as it is a chosen path to take. Holden describes this state of isolation as he reflects, â€Å" I don’t even know what I was running for-I guess I just felt like it† (Salinger 5). Running is used as a symbol to refer to this character’s chosen decline into isolation. Throughout the novel, Holden has multiple chances to regain his mental stability. These chances are symbolized by the multiple opportunities to call Jane Gallagher, the character who represents Holden’s innocence and sanity. By not taking this chance, Holden has made a choice that leads him further into isolation. Salinger made himself an example of this self-infliction as he isolated himself from society. Forced isolation does not have the same effect on an individual’s cognitive growth as social isolation. Forced isolation, portrayed by Esther Greenwood in Sylvia Plath’s The Bell Jar, has certain characteristics that make it detrimental, but it also has a number of aspects that make it beneficial to an individual. One may be forced into isolation for his or her own good. An example of this is when a person’s psychological state is in question. Following Esther’s attempted suicide, Mrs. Greenwood, Esther’s mother, forces Esther into a hospital and then into a mental institution. Esther was a danger to herself and to those around her. As a result, she was committed to an institution and received treatment. Following her treatment, Esther states that â€Å"the bell jar hung, suspended, a few feet above [her] head. [She] was open to the circulating air† (Plath 176). This proves that Esther begins to feel better after her being forced into isolation. Social isolation is the most detrimental form of isolation, regarding an individual’s growth and understanding of illusion versus reality. By inhibiting the factors that shape an individual into an acceptable member of society, social isolation creates a new person, one ruled by his or her own human nature. Without rules or social interaction, this person exhibits the worst flaws in humanity. Jack, the main antagonist of William Golding’s Lord of the Flies, portrays this created individual. The consequences of other forms of isolation are not as severe. In certain situations, forced isolation is a benefit to the individual or for the greater good of society. An example of this would be a criminal being sent to jail. Self-inflicted isolation can also have positive results. An individual may isolate himself or herself for his or her own personal gain. A monk taking a sabbatical to become more in tune with himself or herself would be considered an example of self-inflicted isolation. Overall, it is evident that social isolation is the most detrimental to an individual as it inhibits human growth and understanding of illusion versus reality. Golding, William. Lord of the Flies. Great Britain: Faber Faber, 1954. Plath, Sylvia. The Bell Jar. New York: Harper Row, 1971. Salinger, J D. The Catcher in the Rye. Boston: Little, Brown and Company, 1951.

Impact of western culture on Big Box Business Essay

Impact of western culture on Big Box Business - Essay Example The research also analyzes these various situations and proposes recommendations regarding what is and what is not effective, in international expansion, relative to a respect for multicultural values and a sense of being open to new cultures. As shown in the case, a company like Wal-Mart which is expanding overseas must beware of perpetrating a situation which has the capability to be more divisive than unitary, and managers and leaders need to highlight issues of how important it is to examine intercultural communication and its effects on international negotiations. These are significant problems. Differences in language and culture can significantly impact movement towards global expansion of a company, be it Wal-Mart or some other entity. â€Å"Culture-centered approaches use qualitative anthropological approaches to describe a single culture in terms of its ethnology, religion, customs, etc. This approach is suitable when studying a single culture† (Hoffman, 2007). Cultural differences also highlight the need for global research into international markets, as a company like Wal-Mart that enters a foreign market unprepared and unversed in its language, regulations, union procedures, common reimbursement plans, and culture faces many potential difficulties and obstacles. For example, as Hoffman (2007) points out, Chevrolet introduced the Chevy Nova in Latin America without considering that â€Å"no va† means â€Å"does not go† in Spanish, and suffered some amount of embarrassment. Therefore, it is very important for a organization like Wal-Mart to consider differences in language and culture in its global research. The example of the miscommunications in the Wal-Mart case is a good illustration of how U.S. businesses have traditionally run into problems by relying too much on a centralized domestic command structure that does not give sufficient local autonomy for marketing and other operations. This is the same problem that the case mentions

Jesus as a Figure in History Case Study Example | Topics and Well Written Essays - 1500 words

Jesus as a Figure in History - Case Study Example These young girls start comparing themselves with the women shown on the television who are nothing but a piece of crap as they are full of make up and designer label clothes on their skinny figures. One needs to remember that many of these models shown on television and more so on the fashion channels have eating disorders and some pictures as well as images of women shown on television and in movies have been falsely created from a number of different bodies, thanks to computer graphics and software that now make it possible. The extreme images of torture, sex and liberalism shown on television project a very significant impression on the minds of the people and more so the ones who do not have related exposure to such cultural tangents. (Author Unknown, 2004) These people start taking such images and movies as a part of their lives even though such television programming is far from the truth. Thus people's behavior comes across as being directly in line with what is being shown on television and their perspectives start to alter as a result of the same. Last cause of television and movies' excessive viewing is in the form of a number of diseases and mostly related with the eyes of the people. This means that the people watching can fall prey to a number of ailments which can have negative repercussions in the long term. These maladies could result in the Attention Deficit Disorder or ADHD as well as other diseases from time to time. The lives of the people are thus affected immensely by viewing television for stretch and it is best advisable to limit viewing under such measures. Television has diversified its transmissions into different fields like information, education, entertainment, live news, documentaries, reports, sports coverage, presentations, game shows, etc. What this in essence means is that the television is a significant tool at portraying the different aspects which usually happen within a society's life time. People can easily expect television to cover each and every detail related with them and thus show them what is happening throughout the world, 24 hours a day, 7 days a week and 365 days a year. Bibliography AUTHOR UNKNOWN. (2004). Teens who watch sex on TV are twice as likely to have sex themselves. Journal of the American Academy of Pediatrics Word Count:

Using Ownership Incentives in China Case Study Example | Topics and Well Written Essays - 2500 words

Using Ownership Incentives in China - Case Study Example On the other hand, the method has also been seen to reduce employee turnovers in the organizations where it is practiced. The outcome of the study are of great significance to Ben Freed and his partners in their quest to export this management culture to China with the aim of expanding their business and market globally. Analysis of the various aspects that would impact on the company’s incentive ownership culture would significantly inform the choice of practice to be adopted by the company, hence acting proactively to avert potential risks on the same. On the other hand, the findings of the study are of significant importance to employees, especially the experts based in the US, who are expected to move into a different country to introduce the new management system. The knowledge gained is important in preparing them on what to expect from the new geographical and cultural setup. The local culture of ownership as practiced in the Silicon Valley could be exported to China in various ways. For instance, the mode of payment for the China-based employees, together with all other employee motivational practices done in the US, could be introduced for the Chinese employees. This would thus mean that the payment for these employees be inclusive of their normal salaries together with the stock ownership percentages as determined by their respective positions in the company (Dong, Bowles and Ho 826). With the use of employee ownership approach, the CEO is well placed in motivating the workers to be responsible and work hard considering that their own success is determined by the company’s success. Additionally, the use of this approach is important in demonstrating to the employees that the company values all stakeholders in it equally, and gives similar treatment to all its employees. As observed in the historical practices in China, however, there could be n umerous challenges in