Thursday, November 28, 2019

The Ivy Lee Method Experts Recommend for Peak Productivity free essay sample

This is the real story of an American tycoon of the early twentieth century who was the first man in the world to have earned more than a million dollars a year. Maybe today this figure is not so impressive. Its about Charles Schwab, the president of the company Bethlehem Steel. Because of his leadership, this company has become one of the largest companies in the world. Of course, such successes could not be achieved without the correct organization of labor. At the very beginning of the development of the company, Charles Schwab managed to introduce a special method of increasing labor efficiency.He got the idea from Ivy Lee- consultant of productivity. Ivy Lee asks for 15 minutes, and when Schwab agreed, Lee handed him a sheet of paper and offered to write all the things that he must do tomorrow. After that, he suggested that Schwab arrange the cases in order of importance. We will write a custom essay sample on The Ivy Lee Method: Experts Recommend for Peak Productivity or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page And when Schwab did this, Lee said:Tomorrow starts the day with the case at number 1 and do not get distracted by anything until you do it. Next, go to case number 2 and also carefully work on it. Then go to case number 3 and so on.Even if you do not complete your entire list, you will still do the most important things. If you complete your whole plan, and your workday is not over yet, then compose a new list and begin to implement it. All that you have not done, you can move to the list of the next day. He asks him to use this process for every working day. The whole secret of this method is to do these actions day in and day out:? write a to-do list;? assess their importance;? Set priorities;? Work strictly according to plan.All that Schwab had to do at his company was to use this method of increasing labor efficiency every day and introduce it into the work of his subordinates.Lee was so sure of the effectiveness of the method that he suggested testing the system as much as needed. And then pay for his services, setting the price of this system. Schwab decided to use it and a few weeks later Schwab sent Ivey Lee a check for $ 25,000. And then he said that it was the most valuable idea that he ever received.Since the time of these events, more than a hundred years have passed. But the method of increasing efficiency proposed by Ivy Lee has not lost its relevance.Ivy Lee method also suggests that we should not do multitasking. Because the fewer tasks you put yourself, the more productive your work will be.

Sunday, November 24, 2019

How to Get Good Grades in High School

How to Get Good Grades in High School SAT / ACT Prep Online Guides and Tips The transition to high school causes academic whiplash for many students. It’s hard to adapt to a new environment and get good grades when you’re given more independence in your assignments and are expected to learn more challenging materials. In this guide, I’ll go through the most important strategies that will help you to get good grades in high school and beyond. Basic Academic Survival Strategies Let's start with the most fundamental strategies for getting good grades. A strong foundation is the key to success! Strategy #1: Read Directions and Rubrics Carefully Read the directions thoroughly on every assignment you get.If you don’t follow the directions, you won’t get a good grade even if what you do would be considered solid work on a slightly different project.If your teacher tells you to write a seven-page essay, and you only write five, you'll get points taken off even if you do a good job. Don't sacrifice your grade just because you were careless or chose to ignore the instructions! Sometimes when students misinterpret directions, they blame the teacher for giving them a bad grade.Even if you disagree with the structure of an assignment, being stubborn about it probably won’t get you anywhere.You should re-educate yourself on the expectations for the class so that you don’t give the teacher another chance to deduct points from your assignments.In these cases, you’re probably just dealing with a strict teacher who likes to stick to very specific guidelines.Once you know what the his or her standards are, you will be able to reliably earn high grades. Strategy #2: Listen and Participate in Class A trait that is consistent in people who get good grades is that they pay attention in class.You may think that you can just space out in class, study hard later, and ace the test. If school has always been a breeze for you, this might be true up to a point, but it will catch up with you when you run into something that isn’t as easy to understand. If you pay attention in class, you’ll spend less time studying in the long run.Why is this? It’s because you’ve already absorbed a lot of the information you need to know just by being engaged while your teacher is talking. You can even go a step farther and take notes in class to reinforce what you’re learning in a different way. It's smart to get into this habit before college so that you don’t struggle with note taking in lecture classes. If you learn how to summarize the main points of a lesson now, it will be easier for you to take notes at times when they’re even more critical. Class participation is another big part of this.Participation is important for a couple of reasons.First and foremost, it might be a part of your grade! In some cases, class participation accounts for ten percent or more of your final grade.Even if it isn't a part of your grade, participating in class will help you understand the material more thoroughly and let the teacher know that you care about the subject. For me, class participation was always very difficult because I was shy and afraid that I would say the wrong thing. If you have this issue, I would recommend sitting as close to the front of the classroom as possible so that it feels like you’re just talking to the teacher and not addressing the whole class. Also, try not to overthink it! I can’t tell you how many times I had an answer in my head that I decided was dumb only to hear someone else say it thirty seconds later. Even if your answer is incorrect, you should view it as a learning opportunity that may help you to understand the material better. This is what your face should look like in class. If you're extra creepy, your teacher will be afraid to give you bad grades. Strategy #3: Ask for Help Sooner Rather Than Later Often, the key to success is knowing when to ask for help, and high school classes are no exception.If you don’t understand a concept, don’t wait until you’ve already bombed a test to get help.Approach your teacher as soon as possible, and ask if he or she would be willing to meet you after school to go over the material.By doing this, you can avoid bad grades before they happen and build a positive relationship with your teacher. Of course, all of this is easier said than done. It's hard to ask for help if your teacher is less friendly or you’re a super independent person.If you’re worried about approaching your teacher, stick to a script. You can just say â€Å"Teacher’s Name, I’m having some difficulty understanding this unit. I was wondering if you might be able to talk through the main concepts with me after school at some point. I’ll come up with a list of my questions.† If you prepare a list of questions for your teacher, it will be easier for you to get the information you need and for your teacher to explain things in a way that is helpful to you.You should also remember that there’s absolutely no shame in asking for help.It’s really the smartest thing you can do if you’re struggling, and it will only lead to better grades in the future. Strategy #4: Don’t Rely on Your Family and Friends Too Much Another way of saying this is â€Å"don’t cheat,† but sometimes the definition of cheating can be nebulous.If you and your friends help each other on a homework assignment, that’s probably fine depending on the distribution of work.However, if you directly copy a friend’s homework (even if they say it’s ok), it’s definitely a form of cheating whether or not the homework counts toward your grade. Avoid doing this, especially if you want to get good grades in the long term.If you copy your friends’ homework assignments, you’re committing self-sabotage.I know it’s a cliche that you only hurt yourself by cheating, but in this case it's true.If you rely too heavily on the knowledge of others for small assignments, larger assignments like tests and papers will be even more difficult since you never learned the material for yourself. Also, don't let your parents edit your papers extensively or do the bulk of the work in figuring out homework problems.They probably mean well, but it will do you more harm than good if you’re not learning on your own terms.Eventually, you’ll have to write an essay or solve math problems on a test, and you may fall short of your potential if you don't have experience doing these things independently. Matching jackets? Kind of cute and kind of lame. Matching homework? Unambiguously lame. Expert Study Strategies Many students have trouble getting good grades in high school because they don't know how to study effectively. Here are a few of the best ways to improve your test scores through the use of smart study strategies. Strategy #5: Always Do the Homework (Even If It Doesn’t Count!) Most teachers in high school assign regular homework, although some may not check it or incorporate it directly into your grade.Some students view this as a free pass to ignore homework assignments, which can is a very bad idea.In subjects like math and science in particular, homework assignments are critical if you want to gain full comprehension of the material.In math, your understanding of one unit of study is often a necessary foundation for your understanding of the next unit.Knowledge builds on itself. If you start skipping homework assignments, you may get confused when the teacher moves on to a new unit.Ultimately, you could become completely lost and perform poorly on assignments that do count towards your grade. Doing homework assignments will also help you psychologically. If you’re staying on top of things in a class, you'll be more confident in your knowledge.Homework assignments are a way of studying consistently over time. If you do the homework, you may not have to study as much for tests because you’ll already have a solid understanding of what you need to know. This is what will happen on tests if you don't have a strong homework-based foundation of knowledge. Strategy #6: Know the Difference Between Reading It Over and â€Å"Getting It† Just reading over the material before a test won't cut it unless you have a photographic memory. You need toactively absorb the information, not just skim over it and hope it will stick in your brain. Surface-level knowledge won't help you, especially when you're dealing with open-ended questions on a test. You should be able to recall the facts without any hints or prompting. If you have review sheets to study before a test, I would recommend reading them in small, manageable sections.After you read each section carefully, look away from it and see if you can repeat the facts back to yourself.Don’t move on from a section until you’re able to do this. One thing that I’ve found very helpful in cases like this is to make up some sort of weird mnemonic. It can be an acronym or just something memorable that has a random association with the information you need to know.The more bizarre the memory device you come up with, the more likely you are to remember the facts. After you’ve read everything over yourself and feel relatively confident, you can have someone else step in and quiz you on the information.To be sure that you have a full understanding of what you need to know, you should be able to answer questions about how different facts connect to each other rather than just regurgitating the facts themselves.For example, if you’re studying for a history test, you might have someone ask you a question like â€Å"what were the main factors that led to the French Revolution† that requires you to draw from a few distinct facts to reach a separate conclusion. Strategy #7: Study Between Tests, Don’t Cram There is a certain glamour for some students in the late-night pre-test cram session.However, sacrificing your sleep and sanity will not get you a better grade on the test (no matter how much cooler it might be than planning ahead). The best way to ensure that you don’t panic before a test (or on the test itself) is to make a habit of going over the material that you’ve learned regularly and not just when it gets down to the wire.You’ll retain it better, and you’ll get a good night’s sleep to recharge your brain. In the week before a big test, you can study for an hour or so every night rather than studying for five hours the night before.As you build up your knowledge, you’ll feel more and more confident.On the night before the test, instead of trying to study every little detail that you need to know, you can do a quick review of the main concepts to reassure yourself that you’re in good shape. If studying responsibly is too uncool for you, try getting a good night's sleep while wearing sunglasses to keep up the illusion of detached nonchalance. Strategies for Structuring Your Work Strategy #8: Make Project Timelines (Don’t Procrastinate!) If you hope to earn high grades without suffering from excessive amounts of stress, you must overcome your procrastination habits.It's especially hard to manage your time responsibly on long-term projects. It may seem like you have forever to complete the assignment, but time will always catch up with you. If you're a procrastinator, I highly recommend making a timeline whenever you get a long-term assignment. If you have a project that’s due in a month, set aside the first week for brainstorming, make a rough outline of the project in the second week, flesh it out as much as possible in the third week, and spend the rest of your time perfecting it.This is a vague timeline because it depends on the type of project you’re doing and what it involves, but you get the idea. If you save the last week for polishing your work and fixing mistakes, you’ll end up with a final product that’s a much better representation of your abilities.Sticking to a schedule like this can be tough, so you might want to ask your teacher to help monitor your progress by checking in with you periodically.Some teachers already set up checkpoints for longer term projects because they know students have trouble avoiding procrastination.If this is the case, stick to the schedule and avoid falling behind! Strategy #9: Stay Organized Many of these tips will be useless if you don’t keep track of all the materials for your classes.Cultivating good organizational habits will not only help you succeed in high school; it will pay off in spades when you get to college as well. Always mark the beginning of each new unit in your notebook, and keep a binder or folder for each class.This way, when you study for tests, you won’t be freaking out about where a certain review sheet went or why there seems to be nothing relevant in your notebook.Avoid just throwing papers into your backpack. I’ve made the mistake of doing this many times in the past, and you WILL forget where you put them when you need them most. It's also a good idea to write down your homework assignments in an agenda book so that you don’t miss anything.It’s easy to forget about smaller assignments if your brain is focused on a big project or test that’s coming up.Even if you don’t have a concrete homework assignment in every class, you should make note ofany potential work you might do that night. If you have light assignments in your other classes, this will remind you to catch up on a long term project or start studying a bit for a test that’s coming up in a week. Planners/Google calendars/whatever you kids are using to manage your time these days are your friends! What's Next? Worried about your GPA? Here are four strategies for raising your GPA in high school fast. If you're not sure whether your GPA is high enough for your goals, read this article on what a good GPA means for college. Still trying to figure out your courses? Check out our expert guide on which classes you should take in high school. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Thursday, November 21, 2019

The Patriot - Movie Review Essay Example | Topics and Well Written Essays - 1000 words

The Patriot - Movie Review - Essay Example Having served in a war, Benjamin fully understands the implication of the war in terms of casualties and destruction. Freedom comes at a costly price but other citizens seem to lack this sobriety and are only infatuated with feelings of victory. In the bid to gain independence, the State gathering at Charleston endorses a war. Instantly, the state is plunged into unexpected violence and the British perpetrate unfathomable atrocities on the American Civilians. Thesis Statement: The theme of determination and emotional turmoil is greatly prevalent in the film, The Patriot. Most young men wanted to enlist in the Continentals, The United States Army. Gabriel, Benjamin’s son is no exception. Initially, Benjamin succeeds in preventing this enlistment. Upon the onset of war, Benjamin’s hands are tied and he half-heartedly allows Benjamin to join the war. The Crown’s army is far superior in terms of armory and the soldiers clearly outnumber the Continentals. All around t here are remnants of destroyed property and hanging corpses of civilians in areas conquered by England. Any sane person can establish that America will lose and wise people like Benjamin attest that, the war was won before it began. The family is deeply disheveled as they worry about Gabriel. Gabriel’s return from war forms a most profound scene and it is also the film’s turning point. ... When the head of the British regiment, William Tavington makes a call to the house to appreciate Benjamin’s generosity, an incriminating letter is confiscated from Gabriel by the British. Gabriel is mercilessly sentenced to hang for treason by the ruthless colonel despite Benjamin’s pleading. In the midst of this mayhem, his younger brother Thomas intervenes in an attempt to save his brother. Colonel Tavington does not hesitate and he shoots Thomas. The image of a helpless Benjamin clutching onto his dead son will be permanently etched in my mind. His pitiful face was so startling and I deeply empathized with him. This state of grief is representative of what Americans felt during the revolutionary war as they helplessly experienced the demise of their loved ones. The death of his son was so devastating, and in response, a warring spirit was stirred up in Benjamin. The once passive Benjamin resolved to take an active role in the revolutionary war, more so to avenge the death of his son. These events gave way to another violent yet moving scene. The atrocities committed by the colonel had fueled Benjamin’s rage and in this state of fury, he resolved to go after the British regiment that was about to hang his son. He handed rifles to his two sons. They all set off to take down an entire regiment! Benjamin, being a native, possessed an upper hand over the enemy as he had a good masterly of the terrain. He leads his sons to a strategic point where they lay in wait to ambush the British. It’s amazing how his son’s shot are right on point. They have been taught well by their father and his mantra is, â€Å"aim small, miss small†. This scene is well orchestrated

Wednesday, November 20, 2019

Unfair Dismissal and Redundancy Outline Example | Topics and Well Written Essays - 1000 words

Unfair Dismissal and Redundancy - Outline Example This includes drug abuse, disclosure of confidential information, theft, violence, unauthorised absence and breach of contract among others. Redundancy is also a ground for fair dismissal when conducted in a fair manner. The recent global financial crisis places much focus on redundancy; hence, the issue is detailed later as an independent topic. The fourth reason upon which the fairness of a dismissal rests is statutory restriction, where the employer would be in contravention of a statutory provision if the employment continues. The considerations for this ground include situations where a breach of immigration rules may occur, loss of a driving license and presence of a criminal record among others. The fairness of a dismissal may also be argued based on â€Å"some other substantial reason† (s.98 Employment Rights Act (ERA) 1996) due to the impossibility of capturing all grounds under the law. Here, examples include conflict of personalities and relationship breakdowns, res istance to necessary changes in employment terms and legitimate commercial reasons among others. A valuable consideration which arises here is the reasonableness of the dismissal, where the law expects the employer to act reasonably at all times. Automatically Unfair Dismissals Certain circumstances qualify a dismissal as unfair without question according to the law. These include unlawful discrimination; for having asserted a statutory right; when an employee raises issues of health and safety; whistle-blowing; trade union activities/membership; pregnancy, maternity or childbirth; working time regulations; National Minimum Wage; and information and consultation rights. Redundancy The recent global financial downturn... This essay discusses that one of the most significant considerations in the fairness of a dismissal is the legal definition of an employee. An employee is one who has entered into, or works under a contract of employment. The law also requires sufficiency of service as proof of being an employee; one must have worked continuously for over a year to qualify as an employee. The next aspect that needs definition is dismissal itself, with the importance of defining the term exemplified by the Futty v D & D Brekkes 1974. Legally, a dismissal takes place on three occasions; first, when the employer terminates employment with or without notice; secondly, when the employee resigns with or without notice and where the employer constructively dismisses them; and lastly, when the employer does not renew a fixed term contract. Hence, independent resignation, mutual contractual termination and operation of law in termination do not qualify as dismissals under the law. Certain circumstances qualif y a dismissal as unfair without question according to the law. These include unlawful discrimination; for having asserted a statutory right; when an employee raises issues of health and safety; whistle-blowing; trade union activities/membership; pregnancy, maternity or childbirth; working time regulations; National Minimum Wage; and information and consultation rights. The recent global financial downturn saw many employees around the world dismissed on one particular ground; redundancy.

Sunday, November 17, 2019

Marketing Plan for a New Fair Trade Coffee Company Coursework

Marketing Plan for a New Fair Trade Coffee Company - Coursework Example The price fixing mechanisms in fair trade, meanwhile, involve setting up floor prices to be market prices, with buyers agreeing not to purchase products lower than those market prices, in the name of providing fair prices to the producers of agricultural produce and derivatives from the developing world (Fair Trade Foundation 2011). The name of the company is Freeflowing Coffee Inc, and the fair trade product for this marketing plan is coffee. This marketing plan takes note that in the UK, there is a wide range of product choices available to the UK customer that all fall within the category of fair trade coffee, and this paper presents a marketing plan to introduce a fair trade coffee brand, FreeFlowing Coffee, into the UK market (Fair Trade Foundation 2011; Global Exchange 2011). II. Situation Analysis A. External Analysis- PESTLE A.1. Political The level of political integration with the rest of Europe is high. That said, the UK has remained separate from the EU's monetary policy and union, choosing instead to engage the EU nations in trade. The UK engages the world politically as a major western power, and its stature is confirmed by its being part of the UN Security Council. Politically, therefore, the country has clout and some stability that allows its citizens to engage the world in trade on positive terms (Central Intelligence Agency 2013; CIPD 2013). A.2. Economic The UK economy is strong and resilient, one of the biggest in Europe. Recent financial crises have spun government measures to tighten its spending. The previous year was also marked by a contraction of the economy, as the UK continues to reel from the economic crisis of the past several years. That said, the economy remains relatively large and resilient... This article approves that the level of political integration with the rest of Europe is high. That said, the UK has remained separate from the EU's monetary policy and union, choosing instead to engage the EU nations in trade. The UK engages the world politically as a major western power, and its stature is confirmed by its being part of the UN Security Council. Politically, therefore, the country has clout and some stability that allows its citizens to engage the world in trade on positive terms. This paper makes a conclusion that there are many ways to segment the market for fair trade coffee consumers in the UK, the most obvious of which relates to certain demographic characteristics relating to level of education and level of income. Income levels are implicit in the way fair trade coffee discussions center on providing fair prices plus a premium to existing players in the space. This means that the income demographic for the potential target market is also those who have middle class income levels. In terms of educational attainment, it is clear from the level of sophistication of existing customers of fair trade coffee that the level of education of the target market is tertiary or higher. Looking at the existing players for fair trade coffee in the UK market, one sees that with the exception of Starbucks, which as a high price and high quality positioning the rest of the market is impliedly located in the high price and low quality as well as low price and high quality quadrants. Decidedly, the positioning for FreeFlowing Coffee is high price, to position it as a premium brand.

Friday, November 15, 2019

Recruitment And Selection Construction Business Commerce Essay

Recruitment And Selection Construction Business Commerce Essay Since the company is a construction business, there are two offices one is the on site office and the other one is the main office. The recruitment and selection process is majorly carried out for the main office. The different posts for which recruitment is carried out are for the different departments such as marketing, human resource, finance and functional departments. The company does not carry out recruitment process on a timely basis; it is conducted as and when an employee leaves the organization or when a new position is recognized in the organization. Recruitment and selection Recruitment is the premier major steps in the selection process in the Organizations. It has been explained as an activity directed to obtain appropriate human resources whose qualifications and skills match functions of the relevant posts in the Organization. Its importance cannot be over-emphasized and can also be best described as the heart of the organization. Recruitment and selection process starts when a vacancy becomes available in an organization. The major differences between recruitment and selection is highlighted below Recruitment Selection Is the process of searching the candidates for employment and inspiring them to apply for jobs in the organization It Involves the series of steps by which the candidates are screened for  choosing the most suitable persons for  vacant posts The basic purpose of recruitments is to create a talent pool of candidates to enable the selection of best candidates for the organization, by attracting more and more employees to apply in the organization. The basic purpose of selection process is to choose the right candidate to fill the various positions in the organization Recruitment is a positive process i.e. encouraging more and more employees to apply . Selection is a negative process as it involves rejection of the unsuitable candidates. Recruitment is concerned with tapping the sources of human resources Selection is concerned with selecting the most suitable candidate through various interviews and tests There is no contract of recruitment established in recruitment Selection results in a contract of  service between the employer and the selected employee. Recruitment and selection is a 10-step process. These steps are illustrated in the following table Companys process The human resource department of the company carries out the following process for recruiting and selecting new employees. Every time an employee holding high post decides to leave the firm, the director of the company with the help of human resource department sits down to analyze the structure of the organization and studies whether any change is required. Change could be in the form of clubbing different job responsibilities or whether it is necessary to recruit a new employee. If there is a change in the structure, the employees are informed about it during the weekly meetings. If there is no change to be made to the structure then the recruitment and selection process is carried out Job analysis After the vacancy is confirmed, the HR department reviews the job description and job specification and makes the necessary changes if required. The job description contains items such as Job specification- lists the human qualifications necessary to do the job like- The employers of Empire construction search for the following skills in the employees Analytical Time management Planning Decision-making Problem solving Information seeking The selection process is then based on the job description and job specification. The HR head decides the weightage that each criterion will have in the selection of the employee Advertisement Advertisement is done to get suitable candidates aware about the vacant post. The company finds it necessary to be as transparent as possible while displaying the job advertisement. Some of the details mentioned in the job advertisement are All positions must be advertised for a minimum of five working days. The company recruits employees both internally and externally; this depends on the vacant post. For internal recruitment the vacant posts are advertised only internally, where the job details are posted on the notice board and the post is spoken about in the meetings. However internal recruitment in the company is limited since the workforce in the company is trivial. External advertisement The Company advertises the vacant post externally by using the newspaper. Also the company lets various job centers aware of the post. In the world of technology the company also uses various online websites such as naukri.com and monster.com to post about the job and get suitable candidates. Application process Following the advertisements the interested candidates are asked to fill up an application form, which is provided to them via email or can be collected from the main office. An example of the application form is attached below. Along with the application form the candidates are required to submit their CV. After all the applications are received the Hr department of the company screens applications and short-lists the suitable candidates. The short listed candidates are then asked to come for an interview; this information is passed to the suitable candidates using emails and phone calls. The rejected candidates are also sent a mail stating that they have been rejected for the job applied for. Interview The company head and the Hr manager together interview the short-listed candidates. Some of The basic interview questions they ask the candidates are listed below. Why do you want this job? What do you know about this company? What makes you think you will fit in this organization? What are your key strengths? What are your main weaknesses? The interview question that they ask are situational based and is largely dependent on the post applied for. One good example that the Hr head provided the author with was in relation to an interview for the sales head. The interviewee was handed with the brochure of the companys new project and was asked to point out reasons why the sales might or not take place with respect to that brochure. Once the interview is done, the HR team sits down together to verify the credentials. The right to work evidence, birth certificate, passport, visa and other such documents are taken into consideration during the interview process. Soon after the credentials are verified the process of ranking the applicants starts. The company carries out this process using the independent approach. Each member of the selection committee pens down their views and ranks the applicants on the basis of the criterion. After which the selection committee comes to a consensus where the applicant with the most merit is selected to fill the vacant position. In case of a conflict the general Manager of the firm will take the decision. Selection process is followed by then deciding the commencing salary of the employee. Salary is decided based on the experience, qualifications and also the post applied for. Applicants are considered suitable are ranked in order of preference. The task of completing reference checking of the applicants is handed over to rather the selection committee or the directors nominee. Reference checks are important to understand the ability of the applicant to carry out his duties of position in accordance with the criterion. Reference checking is not carried out for the applicants who were interviewed. In fact it is only done for the applicant who ranked the highest. If at all there is hardly any difference between two or more applicant then their reference can also be considered. If the selection committee decides to approach the referees that have not been nominated by the applicant, then they ought to take permission from the applicant before doing so. Retention process Effective employee retention is a systematic effort by employers to create and foster an environment that encourages current employees to remain employed by having policies and practices in place that address their diverse needs. Retaining existing staff saves the employers time and money of recruiting, selecting and training new employees. Empire constructions use several ways to retain their existing employees, Mr T.s Vig the Director of the company said that retention of the key employees is necessary for the project success. The company always has exit interviews for employees who decide to leave their jobs; these interviews have revealed some reasons why people leave the job. Such as Better salary package elsewhere More Benefits elsewhere Too much workload The various measures taken by the company in order to retain its employees are as the follows The company believes in having a very open communication system where no employee feels alienated and all employees feel like an important part of the organization. Making work not only about work, the company environment is very friendly. They celebrate all festivals with a lot of enthusiasm in the company, this brings all the employees closer as a group. Also the employees are allotted with special bonuses during some festivals for example during Diwali the employees are given half a months extra salary. Pay in order to retain the employees the company keeps upgrading the employees salary as time passes. Benefits- Empire constructions provides their workers with some benefits such asà ¢Ã¢â€š ¬Ã‚ ¨ à ¢Ã¢â€š ¬Ã‚ ¢ Paid vacationà ¢Ã¢â€š ¬Ã‚ ¨Ãƒ ¢Ã¢â€š ¬Ã‚ ¢ Paid holiday à ¢Ã¢â€š ¬Ã‚ ¨Ãƒ ¢Ã¢â€š ¬Ã‚ ¢ Sick leave, Fringe benefits are discussed in detail later. Pension- The employees of Empire constructions are given a pension when retiring; this motivates them to stay longer in the organization. Motivational strategies used by the company are to mainly make the more efficient and they also help in retaining them, as motivated employees are happy employees. This aspect is explained in the later part of the assignment 1.2 Apply legal, regulatory and ethical considerations to the selection process Ethics is a set of principles to be followed that suggest what is right and what is wrong. No discrimination on any basis is one of the laws which has to be followed but it also an ethical responsibility of the employers and the management. Being in a construction business ethics plays a vital role since the business utilizes manpower like none other. With having unskilled labor the company needs to follow ethical practices in order to not harm anyone. Regulatory Once the final negotiations are done the following formalities are essential to convert the candidate into an employee.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Reference Checks  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Pre employment medical tests  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Documentation: Educational certificates and previous organizational records   The above-mentioned regulations are for only the main office staff. Legal There are several laws the company will have to follow and are mandatory Minimum age- according to Article 8 of Part II of the Indian law system Minimum Age initially specified was 16 years but was raised to 18 years in 1989. According to this law all the employees if the company should be over the age of 18. Empire construction does not recruit anyone who is below the age of 18. One of the eligibility criteria that the company follows is that the age of the candidate should be over 18. According to Indian contract act of 1872 all the employees are made to sign a contract at the start of their work. Minimum wages- The Indian law system specifies a minimum wage and all the employees should be paid more than that. Empire constructions for the skilled and unskilled labor obey this law and pay the employees accordingly. This act is more applicable for the unskilled workers working at the construction sites. Being in the construction business Empire construction has to follow The Building Other Construction Workers (Regulation of Employment Conditions of Service) Act, 1996 This act looks was enacted for safety, health and welfare measures of construction workers. The Act contains provision for http://business.gov.in/legal_aspects/laws_specificindustries.php Amongst the other mentioned laws the company also has an obligation to follow The Equal Remuneration Act, 1973(for woman) and The Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959. 2 High performance teams are truly seen as winning teams that invest much time and effort exploring, shaping and agreeing on a purpose that belongs to them, both collectively and individually. They are characterized by a greater sense of commitment to their growth and success. Evaluate how to build winning teams. Assess the benefits of team working A team is any group of people organized to work together interdependently and cooperatively to meet the needs of their customers by accomplishing a purpose and goals. Susan Heathfield Empire construction utilizes project teams. In the company several people of different functional groups come together and work on a project, this has many benefits for the organization some of them are listed below. Efficiency- Teamwork leads to higher efficiency, which will evidently is beneficial for Empire constructions. Teamwork in Empire construction aids in getting the projects undertaken in the most efficient manner. Morale- working in teams helps employees have higher morale and feel more comfortable and well adjusted in the organization. Higher employee morale helps in their retention. Information Preservation- working in teams, all information about activities are shared, hence protecting the company from loss of important work when someone leaves the company. Sharing information can cut down on time spent learning valuable information a former employee understood well. Innovationà ¢Ã¢â€š ¬Ã‚ ¨- Brainstorming for ideas and pooling in resources makes innovation likely for the company. In Empire constructions the project team sit together and analyze projects and brainstorm ideas and this usually leads to innovative ideas. Reduced Waste- à ¢Ã¢â€š ¬Ã‚ ¨Team working reduces chances of duplication of efforts and streamline production. Unity- à ¢Ã¢â€š ¬Ã‚ ¨Working in teams fosters a sense of unity and this overall benefits the company by creating a work atmosphere enjoyed by the staff. Project teams are also vital for Empire construction since without it the success of projects would be challenging, each individual working independently on one common project would create a lot of chaos and duplication of work will be high. Demonstrate working in a team as a leader and member towards specific goals dealing with any conflict or difficult situation. Conflict is the perception of difference of interest among people (Thompson, 1998,p.4) Conflict management and problem solving skills are important for all leaders to possess. It is important to understand the reasons of conflicts . Most of the conflicts that happen in teams are due to the difference in ideas and the problems that arise are due to individuals but have an effect on the entire team. Stulberg (1987) identified traits common to all disagreements; He called them the Five-Ps of Conflict Management and these are shown below. Conflict management, source- Stulberg (1987) http://www.innovativeteambuilding.co.uk In empire construction for conflict management the team leader listens to all the people and then brainstorms and understands the conflict then comes up with a solution. The author would recommend the company to use Interest-Based Relational (IBR) Approach for conflict management. This approach respects individual differences and helps in people not becoming too embedded in a fix position. All the team members of the company would have to follow the following rules in using this approach. Make sure that good relationships are the first priority: During conflicts all the people involved should be courteous and calm, also should try to be constructive under pressure. Keep people and problems separate: During a conflict other personal issues should not be kept under consideration, this will help in dealing with real issues without damaging working relationships. Pay attention to the interests that are being presented: Listen carefully to the other person Listen first; talk second: To solve a problem effectively you have to understand where the other person is coming from before defending your own position. Set out the Facts: Before trying to argue or try to manage conflicts the leader should know all the facts about the conflict. Explore options together: Be open to the idea that a third position may exist, and that you can get to this idea jointly. Review the effectiveness of a team in achieving the goals. Effectiveness of teams refers to how efficient the team is while achieving their goals. For an effective team all employees should be more proactive and self-sufficient, hence employee empowerment can help improve team effectiveness. In empire constructions the effectiveness of team is vital to achieve the goals. Being a construction company they have deadlines to meet and their main goal is to complete projects within the time and budget and with good quality. To achieve their goals and targets Empire construction utilizes several ways to increase the effectiveness of project teams. The company sets clear goals in the start and these are clearly communicated to all the team members since to achieve the goals the goals and objectives should be clearly known by all the team members. The team leader to review the effectiveness of the team in achieving goals conducts regular project meetings. To have effective teams during the start of the project the project plan is created where all the team members are allotted with different responsibilities and roles. From the past trend of the company it can be seen that all their deadlines are mostly met and hence it can be said that the teams in Empire construction are efficient and effect The author feels that the company can make use of team building evaluation attached below to review the effectiveness of the teams. Team Building Evaluation Scale: 1= Strongly Disagree, 2= Disagree, 3= Agree, 4= Strongly Disagree http://www.janssensportsleadership.com/resources/free-championship-team-building-evaluation/ LEADERSHIP- Leadership means influencing people so that they will strive willingly towards the achievement of group goals A leader is a person who has the ability to get other people to do what they dont want to do and like it There are two types of leaders in every organization official leader and informal leader. An official leader is the one who has been established by the organization and has the right to delegate or give orders to co-workers in the firm. An unofficial leader is the one who has the natural ability to be a leader and has the ability to influence people. In empire constructions the Directors of the company are the official leaders. Since it is a construction company the roles are very distinguished. Responsibilities are not clubbed together and given to one employee it is widely distributed among the employees. There is an importance of a leader in every organization. In most cases, people will perform at about 60% of their potential with no leadership at all. Thus, an additional 40% can be realized if effective leadership is available There are several skills and attributes needed for leadership Skill/Attribute   Self-Awareness   An effective leader should be self-aware. Should know own strengths and weaknesses.   Self-Management   A leader should hold themselves responsible for every decision made   Relationship Building   An effective leader should be able to establish meaningful relationships.   Communication Skills   An effective leader should be able to engage in active listening and open dialogue while working in a group or team   Ethical Practices   A leader should have defined and established personal values   Team Development   An effective leader should actively contribute to the teams seasonal goals and objectives   Leading Change A leader should be able to implement changes for improvement and betterment of the organization.   Project and Program Effectiveness A leader should be able to organize, delegate, and evaluate the impact of a future project   Systems Thinking   A leader should possess critical thinking skills to understand and to deal with dissimilar environments. Motivate employees An effective leader should be able to motivate the employees to get work done from them. The table below highlights the skills and attributes needed for leadership. https://sites.google.com/site/karamartinsleadershipportfolio/home/11-skills-and-attributes Leadership in empire constructions The company has several leaders and they are primarily the directors of the company. All the three directors who are basically the leaders are self-aware and self managed. The leaders of the company are friendly with the staff and tend to inspire and motivate the staff. The directors take all the major decisions, which involve change, so it can be said that they lead change in the organization for the betterment. Difference between leadership and management Managers are people who do things right, while leaders are people who do the right thing.- Warren Bennis. There are several differences between a leader and a manager. In empire construction the directors are the leaders whereas there are several managers such as project manager, marketing manager etc. Time- managers work for a particular time period of the day whereas being a leader is about being responsible 24 hours. Manager takes tactical decisions whereas a leader takes strategic decisions. The director being the leader takes strategic decisions such as which project to undertake and about future expansions, the tactical decisions such as how many brochures to print are taken by the managers. Roles and responsibilities-Leaders are responsible for a broader range of responsibilities that managers are. Mr. T.S Vig being the leader in empire constructions is responsible or the entire company whereas the managers in the company are responsible of only a certain tasks. Influence on others- Leaders inspire and motivate people, whereas managers being in authority instruct and order employees. Risk taking- managers follow predetermined rules and regulations of the company whereas a leader will challenge the status quo. In empire constructions the managers work on establishing tasks whereas the leader is rather radical in his thinking. Vision- A leader is a dealer in hope Napolean(1769-1821) A leader has a strong vision whereas managers lack that and abide by the company procedures. The table below highlights the skills and roles of managers and leaders. Management Leadership Do things right Do the right thing Doing whats right Knowing whats right Directing and controlling others Motivating and inspiring others Delegating tasks to subordinate Empowering followers Follow orders from senior executives Inspire others to follow a shared vision Conform to norms of the organization Create and foster a change culture Problem solvers Innovators Official position of responsibility within the organization Traits within people, irrespective of their rank Position Action Planning, directing, monitoring Strategic decision making Listened to by others Respected, appreciated, liked and trusted by others Achievement of objectives through compliance of others Achievement of objectives through acceptance and willingness of followers Analysis Decisiveness Learned skills Natural instincts Organization of staff Support and guidance for followers. Management and Empire construction At times the companies leaders play the role of managers for running the company effectively since it is a small business. This is not very desirable since leaders and managers portray different traits and strengths to meet the organizations objectives. However the company does have several managers responsible for varied tasks. Rajkumar Singh is the site manager for one of the projects and he manages the site office of that project. His job is to ensure that all the work at the project site is being conducted appropriately and meets the predetermined quality, time and budget. He being the manager instructs all the workers about the work to be done on the site. Leadership styles There are three unique leadership styles highlighted in the diagram below. Figure 11- leadership styles, Fieldwork- source of information; Paul hoang (2007).  business and management. australia: IBID press. 750 A specific leadership style cannot be determined for the organization because the style varies from leader to leader. Leadership style undertaken depends on the relationship between the leader and his sub-ordinates and also the leaders thinking about his subordinates. The organization makes use of situational leadership style, which means that the leaders and managers do not follow a particular approach towards leadership but make use of a mix of autocratic, democratic and laissez-faire leadership style. The owners of the firm who do not make decisions based on departments but make them considering the 360-degree approach adapt situational leadership. In the company Autocratic style is adapted when result or deadlines are supposed to be met in a short period of time. The marketing head adapts to this leadership style when it comes to putting up the advertisement hoardings and placing orders for standees. The staff is often seen de motivated because there is lack of input from their side. This de-motivation has been observed by the communication during the daily tea breaks when the employees get together to discuss general matters. The company undertakes democratic leadership style during various situations; in the meetings conducted the employees are consulted for problem solving and decision-making. This motivates them and makes them feel important for the organization. For small daily decisions such as how many more plain sheets for the printer should be ordered etc, laissez-faire leadership style is used within the organization. Leadership theories Contingency theory of leadership- this theory suggests that there is no one best way to manage or lead and organization since whats best in one situation is might not necessarily work in some other situation. The Fiedler Contingency Model states that there is no one best style of leadership. Instead, a leaders effectiveness is based on the situation. This is the result of two factors leadership style and situational favorableness (later called situational control) This theory applies to the chosen organization since the leadership style undertaken is situational based. Hersey-Blanchard Situational Leadership Theory-This theory states that instead of using just one style, successful leaders should change their leadership styles based on the maturity of the people theyre leading and the details of the task. Using this theory, leaders should be able to place more or less emphasis on the task, and more or less emphasis on the relationships with the people theyre leading, depending on whats needed to get the job done successfully. According to Hersey and Blanchard, there are four main leadership styles based on the behavior of subordinates, these are illustrated below. http://www.mindtools.com/pages/article/newLDR_44.htm The Hersey Blanchard model is applicable to the chosen organization since not only the leadership style varies with the situation but it also varies with the staff. In any given situation not all employees are instructed equally for example when a deadline is to be met a rather autocratic style is adapted by the leaders however it is fairly difficult for the leaders to direct each employee so some of them who have high skills and willingness may not be directed as much with leadership style for them being delegating and not telling. Motivation Motivation is the The general desire or willingness of someone to do something. For a firm to be successful it is important for the employees to be motivated. Motivation can be either intrinsic or extrinsic. Intrinsic motivation is the motivation that the employees feel from within, self-motivated people. These people usually choose their interests and hobbies as their career. Extrinsic motivation is when employees need to be motivated through external factors like money or non-monetary ways. Managers in a firm can inspire their employees in different ways; money may not always be the key to the employees happiness. The managers of Empire construction use time and attention to motivate their employees. They motivate their employees financially and non-financially. It is important for the managers to understand which employee is motivated by which factor. The company makes this analysis during the interviews; Where the HR head takes the final interviews. The employees ask certain set of questions, which help the firm to understand which motivational factor is important to them. For eg- if they ask about the salary then money could be a criteria. Financial motivation- Salary- Salaries are payments made each month. The employees of Empire construction are paid monthly instead of yearly, this helps improve the cash flow of the company, and also it motivates the employees to work efficiently every month. Bonus- is when an extra or an unexpected increase in efficiency of the employee has contributed to the firm. This helps the company in two ways one that employee is motivated and second that it helps the company improve its overall performance. The chosen organization does make use of cash bonus to motivate the employees. Loyalty bonus is paid to the employees who have stayed with the company for a certain length of time. The company also gives the employees a Diwali bonus, which consists of a months salary. Pay rise- the salary of employees is increased with time in order to motivate them. Fringe benefits- All payments and benefits to an employee in addition to the salaries. Recommendations- If a customer comes through an

Wednesday, November 13, 2019

Human Growth Hormone Essay -- Drugs Health Science Essays

Human Growth Hormone Human growth hormone, a substance produced in the human body, is now being sold over the Internet. Companies are marketing the product as an anti-aging product. At the web-site, http://www.awakenhgh.com, the company claims that there is a possibility that one can "stop the aging process." On the home page, they claim that the product can reduce fat and cellulite, increase energy and muscle tone, elevate mood, improve sexual performance and sleep, remove wrinkles, balance cholesterol, re-grow and re-color hair, and more. The product is a dietary oral spray that they claim contains a product that is "identical to the growth hormone manufactured in the human body" and is designed for oral consumption. They also provide a brief history of human growth hormone and how medical professionals have used it to treat children with growing deficiencies to promote a normal pattern of development. Human growth hormone used to be available through cadavers only, so they claim an inexpensive, synthe tic form is a real breakthrough for the public. The company claims that the product burns fat by increasing one’s metabolism, and that it is the "most effective anti-obesity agent ever discovered." It also "selectively" reduces the waist, hips and thighs while increasing muscle mass. Most of the improvement claims that are made do not explain how the product will do what it is purported to do. The creators claim that the HGH product is produced in an FDA approved lab, but there is a disclaimer in small print at that says that the Food & Drug Administration has not evaluated the statements that "Awaken" makes about the products. They also claim that there have been no significant side effects in children and adults with g... ...effects on the body and the mind, and without the additional cost of an unapproved supplement. Many more studies on HGH need to be done in order to learn more about the side effects and whether or not additional hormone had any positive effects on healthy individuals. The claims that are made on the internet are enticing and may possibly have medical research to back them up in some cases, but there has not been enough research done to sell this product to healthy individuals without unbiased scientific information. Works Cited Anti-aging Hormones. Harvard Womens Health Watch, 6 (8), 2-3. 1999. Inzucchi, S. (1997). Growth Hormone in Adults: Indications and Implications. Hospital Practice, 32 (1), 79-86, 90-91, 95-96. Morley, J. (1999). Growth Hormone: Fountain of Youth or Death Hormone? Journal of the American Geriatric Society, 47 (12), 1475-76. Human Growth Hormone Essay -- Drugs Health Science Essays Human Growth Hormone Human growth hormone, a substance produced in the human body, is now being sold over the Internet. Companies are marketing the product as an anti-aging product. At the web-site, http://www.awakenhgh.com, the company claims that there is a possibility that one can "stop the aging process." On the home page, they claim that the product can reduce fat and cellulite, increase energy and muscle tone, elevate mood, improve sexual performance and sleep, remove wrinkles, balance cholesterol, re-grow and re-color hair, and more. The product is a dietary oral spray that they claim contains a product that is "identical to the growth hormone manufactured in the human body" and is designed for oral consumption. They also provide a brief history of human growth hormone and how medical professionals have used it to treat children with growing deficiencies to promote a normal pattern of development. Human growth hormone used to be available through cadavers only, so they claim an inexpensive, synthe tic form is a real breakthrough for the public. The company claims that the product burns fat by increasing one’s metabolism, and that it is the "most effective anti-obesity agent ever discovered." It also "selectively" reduces the waist, hips and thighs while increasing muscle mass. Most of the improvement claims that are made do not explain how the product will do what it is purported to do. The creators claim that the HGH product is produced in an FDA approved lab, but there is a disclaimer in small print at that says that the Food & Drug Administration has not evaluated the statements that "Awaken" makes about the products. They also claim that there have been no significant side effects in children and adults with g... ...effects on the body and the mind, and without the additional cost of an unapproved supplement. Many more studies on HGH need to be done in order to learn more about the side effects and whether or not additional hormone had any positive effects on healthy individuals. The claims that are made on the internet are enticing and may possibly have medical research to back them up in some cases, but there has not been enough research done to sell this product to healthy individuals without unbiased scientific information. Works Cited Anti-aging Hormones. Harvard Womens Health Watch, 6 (8), 2-3. 1999. Inzucchi, S. (1997). Growth Hormone in Adults: Indications and Implications. Hospital Practice, 32 (1), 79-86, 90-91, 95-96. Morley, J. (1999). Growth Hormone: Fountain of Youth or Death Hormone? Journal of the American Geriatric Society, 47 (12), 1475-76.

Sunday, November 10, 2019

Halfway House Programs and the Community Essay

The use of halfway houses as a starting point for those who were once in prison is a great idea and can be beneficial to not only the individuals who are having to adjust to life outside of prison but also to the community around them. These homes help to stabilize the individual, help them to be able to adjust to life in society again and help them to become better parts of society. There are many who believe that halfway houses are not a good thing and would rather not have them but there are many reasons that these people are not looking at the whole picture and are not looking into the benefits that halfway houses can provide. There are many reasons that the surrounding neighbors and communities could fear a halfway house. Some of these reasons are the stereotypes that are associated with these places. This means that there is the common thoughts and beliefs that those who are in the halfway houses are not truly ready to be reformed and therefore it can be thought that these individuals should remain in prison. This is a misconception as the halfway house provides the individual with stability and helps them to be able to transition into a life outside of prison. The halfway house often provides the individual with a way to be able to find employment, get hooked up with needed medical and other health care services including rehabilitation and mental health, and a way to be able to live until they are able to stand on their own two feet (Welsh and Harris 2009). Without halfway houses these former criminals would be left on their own to find all of these resources and many times in the past the individuals had a hard time finding these things which has resulted in them committing more crimes. With halfway houses the return rate to prison is lower. Another problem that many individuals have with halfway houses is that they do not understand how giving the individual a place to live is really what they deserve. However there are some new programs that are offered in some halfway houses where the perpetrators of crime are forced to pay restitutions to the victims of their crimes. These programs have been successful in the satisfaction for both the perpetrator and the victim. In a recent study on this issue, the results were found to be positive for all that were involved (Bonta, Boyle, Motiuk, and Sonichsen 1983). Another common misconception is that the residents of the halfway house are not ready to be in the real world when they leave and that there is a high rate of repeat criminal offenses. This was looked at by a group of researchers and what was found was that those who had successful completions of the halfway house programs were less likely to have repeat criminal offenses where as those who were not successful in their treatment through halfway houses (Hartman, Friday and Minor 1994). This is very important to note as there are many reasons that an individual would not have a successful completion but then when an individual did have a successful treatment that they should be allowed the benefits of reformation and believed to be reformed and hoping for a better life. Halfway houses can be very beneficial to both the former criminals that inhabit them and the local communities in which they are located. In many cases halfway houses provide a place for these former prisoners to live while they are working on getting back on their feet and becoming stable. Halfway houses and their programs beneficial to the individual as they are not on the street or trying to make it on their own in a world where it is more difficult for them to find a place to rent, obtain employment or anything else. The benefit to the community is that these former criminals are off of the streets and in a place where treatment and supervision is mandatory while they are becoming more stable. Thus they are less likely to commit petty offenses like theft in order to eat or make money for needed items.

Friday, November 8, 2019

Censorship of the Press essays

Censorship of the Press essays The First Amendment of the Constitution of the United States reads, Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances and yet, over the last two centuries, congress has attempted to do all of the above on many occasions. It seems almost barbaric in this day and age to imagine our government still attempting to abridge the freedoms put forth by the Constitution, but it does indeed still happen. It would take several volumes to detail every occurrence in the history of our Constitution, so for the sake of brevity, this essay will focus on the government attempts to abridge the freedom of the press in the last dozen years. In 1991, the United States entered into a military conflict with Iraq after their leader, Saddam Hussein, invaded Kuwait. During the weeks that followed, I could not turn on my television without seeing some form of media coverage about the war, be it personal stories of soldiers and their family, close up footage of our missiles pummeling their buildings, or late night television hosts cracking jokes about Saddam Hussein. As an average viewer, I did not think for a moment that the press was leaving information out of the extensive broadcasts. However, behind the scenes, there was more going on. Much more than the press was allowed to report on. On February 14, 1991 the Pentagon laid down specific guidelines telling the media what they were and were not allowed to disclose. Included among these guidelines were: Any information that reveals details of future plans, operations, or strikes, including postponed or canceled operations; Information on intelligence collection activities, including targets, methods and results; and ten other rules that were most li...

Wednesday, November 6, 2019

Online Business Issues

Online Business Issues Big Data and eBusiness Relevance Nowadays, more people get to know the term Big Data and try to understand its essence and make use of it to benefit in the chosen activities. According to Yin, Jiang, Lin, Luo, and Liu (2014), Big Data makes it possible to open a new era of science and human abilities to discover it through data-driven computing.  Many scientists and researchers offer their ideas on how to develop the Big Data paradigm and why people need pay more attention to this concept.Advertising We will write a custom report sample on Online Business Issues specifically for you for only $16.05 $11/page Learn More For example, Jao (2014), the CEO of one of the retention automation platform for eCommerce, admits that Big Data is beneficial from a variety of perspectives: it helps to improve business, choose the best advertising, decide on the marketing strategies, control customer retention, etc. It is hard to imagine the world of eBusiness, and eCommer ce in particular, without Big Data. Its impact remains to be huge, and the following examples can prove its urgency.  First of all, the organisation of information can be facilitated. For a long period, different companies have been challenged to collect, save, and keep data from different sources at one place. It was necessary to spend much time analysing each piece of the source chosen. Big Data helps to extract a certain value from data given (Nwokpoku 2015). People, who are involved in eBusiness, win a lot with Big Data concept due to the existing relevance by means of which people can combine data from browsers, social media, and different records and underline those ideas that become more important.  Secondly, Big Data provides business people with an opportunity to make decisions that are more informed and data-driven. The key features of this concept are variability, velocity, variety, and value (Gandomi Haider 2014). They show that each piece of information is a powerf ul combination of different credible facts that may touch upon different spheres of life and help people make fast and properly-grounded decisions. Such ability is necessary for the world of eBusiness; therefore, this relevance cannot be neglected in the analysis. Thirdly, the personalisation of information becomes possible with Big Data. Though some people may think that such general concept with a variety of sources can hardly promote privacy or similar issues, Big Data is created to help sellers observe the changes of users’/consumers’ behaviour and make the necessary connections to realise what can be done more to achieve more efficient results. Finally, it is wrong to believe that Big Data and eBusiness relevance is only about some positive aspects. All people, who are going to use it, should remember that Big Data is a complex mechanism that can work only for those, who know how to use it, when to stop or change a direction, and how to make the correct solutions. Big Data, as well as eCommerce, is a big world of information from different regions. It is so hard to get lost, and people should be ready for any challenge.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More How to handle Big Data for a company As Chief Information Officer (CIO), I want to underline that it is not an easy task to handle Bib Data for any company. Each manager has to be ready to learn a lot and improve personal knowledge constantly because the majority of technical errors happen because of people, who make mistakes, not because of some technological glitches. I want to underline that Big Data should be treated in two different ways: on the one hand, it is a marketing term that involve people, their needs, interests, and offers; on the other hand, it is a technical term because it depends on technologies and the way they can work.  To benefit from Big Data, it is important to pay more attention to a company’s informative lifecycle process. It is not enough to check the quality of information; it is necessary to consider the insights and criticise them on a professional level. The company should have powerful leaders, who can set the goals clearly, choose the most talented managers, who can organise the work with information, and underline the importance of a company as a whole because Big Data is for a team not for one person (McAfee Brynjolfsson 2012). Impact of the Internet on Porter’s 5 Forces Model The sphere of eBusiness undergoes considerable changes because of the Internet and people’s burning desire to use it all the time. Still, the changes are not always positive. The Internet is one of the most unpredictable inventions on the earth, and it is hard to guess if it is a chance or a challenge. As many business models and strategies, Porter’s model undergoes certain changes as soon as the Internet spreads i ts power over people. Though Karagiannopoulos, Georgopoulos, and Nikolopoulos (2005) found out that the Internet did not promote significant changes, and this traditional model can be used for the examination of business and its peculiarities. Porter’s model is a powerful attempt to analyse the world of business with its threats of entrants and substitutes, power of buyers and suppliers, and rivalry that has been developing during a considerable period (Hax 2009). It helps to understand if the company is profitable enough for competitions and investments. The modern world of business depends on how its people can use Porter’s model and choose the most appropriate ways to succeed. At the same time, the modern eBusiness world has been dramatically changed because of the Internet and the opportunities available. Therefore, the impact of the Internet on the Five Competitive Forces remains to be crucial and cannot be controlled by those, who know a little about actual abili ties of the Internet.Advertising We will write a custom report sample on Online Business Issues specifically for you for only $16.05 $11/page Learn More All business students are provided with knowledge about the Internet’s direct impact on business. Though students spend much time learning and analysing the current opportunities and technological progress, they cannot understand how exactly this issue defines the quality of all work done. Not all business people are ready to compare the possibilities of the past with the possibilities of the future to make the correct decision today. Porter’s model is about the analysis, and if the Internet changes the compositions of the analysis, it will change the essence of the analysis itself. It is wrong to believe that no dramatic changes can happen to the model. It is inappropriate to believe that the change of one aspect can lead to the change of another aspect. It may happen that the Internet can in fluence the bargaining power of buyers or substitutes and has nothing to offer to change the threats of entry. Therefore, the analysis of each dimension is necessary. How the Internet Changes the Game The Internet has enough powers to impact business games modern people are so eager to play day by day and promote economic benefits (Bernard Souza 2009). Even if people do not want to agree with the fact that they are the players that can win or lose one day, all business people want to use their thinking abilities and chances to achieve more (Werbach Hunter 2012). Each dimension of Porter’s model changes because of the power of the Internet to business. The bargaining power of customers and buyers may be considerably increased due to a variety of information available through the Internet. The threat of new entrants and substitute products may be also changed, still, it is hard to predict what kind of changes can be. On the one hand, it is easier to enter a new market with th e Internet because there is no necessity to open a real store or business centre or something else (Morais, Pires, Moreira 2012). It is enough to create a captivating site and make people learn about their possibilities for the services offered. On the other hand, people can get access to many e-business companies that can offer the same services at more reasonable prices. Therefore, the level of substitutes and abilities of business players can be dramatic for each other. The peculiar feature of the Internet is its ability to create unexpected outcomes and influence the whole system in the most unpredictable way. And if Porter’s model has been always about something that is expected and can be explained, it cannot stay this way because of the Internet opportunities for people, who develop e-business.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The rivalry achieves a new stage because of the Internet as well. People have to think how to spread their services and offers globally. It is not enough to achieve some local benefits. It is more important to inform as many people as possible to underline the urgency and success of the chosen business. Reference List Bernard, RRS Souza, MP 2009, ‘Dominance in online business games competitions’, Developments in Business Simulation and Experiential Learning, 36, pp. 287-294. Gandomi, A Haider, M 2014, ‘Beyond the hype: big data concepts, methods, and analytics’, International Journal of Information Management, vol. 35, pp. 134-144. Hax, AC 2009, The Delta model: reinventing your business strategy, Springer Science Business Media, Cambridge, MA. Jao, J 2014, ‘Why big data is a must in ecommerce’, The Big Data Landscape. Web. Karagiannopoulos, G.D., Georgopoulos, N. and Nikolopoulos, K 2005, ‘Fathoming Porters five forces model in the in ternet era’, Info, vol. 7, no. 6, pp. 66 – 76. McAfee, A Brynjolfsson, E 2012, ‘Big Data: the management revolution’, Harvard Business Review. Web. Morais, EP, Pires, JA, Moreira, R 2012, ‘E-business maturity: constraints associated with their evolution’, Journal of Organizational Computing and Electronic Commerce, vol. 22, no. 3, pp. 280-300. Nwokpoku, J 2015, ‘Big data: driving e-business through open access’, Vanguard. Web. Werbach, K Hunter, D 2012, For the win: how game thinking can revolutionize your business, Wharton Digital Press, Philadelphia, PA. Yin, H, Jiang, Y, Luo, Y, Liu, Y 2014, ‘Big data: transforming the design philosophy of future internet’, IEEE Network Magazine, vol. 28, no. 4, pp. 14-19.

Sunday, November 3, 2019

Finance & Accounting Essay Example | Topics and Well Written Essays - 1000 words

Finance & Accounting - Essay Example Wallace defines Tests of Reasonableness "as non-statistical models using operating or external data as well as financial data to predict an amount under examination" (Wallace, 1994, Section on Evaluating Analytical Procedures). As Wallace illustrates, Tests of Reasonableness include accounting and non-accounting variables in the model, with the aim of enhancing "the reliability of a test of reasonableness compared to single variable and financial ratio analysis." On the company's purchases, the going-rate for the exchange rate between UK and the import country source's respective currencies, multiplied by the average volume of clothing purchases, can be used to evaluate the reasonableness of the current month's purchases. For the company's sales, the average sales of a retail clothing company of similar size, multiplied by the company's average monthly sales volume, can be used to test the reasonableness of the current month's sales. Lastly, the average salary (including commission) of employees who work in similar industries (of the same size) in England, multiplied by the company's total number of employees, can be used to check the reasonableness of the company's wage expenses. Wallace explains that Financial Ratio Analysis "tend... of a retail clothing company of similar size, multiplied by the company's average monthly sales volume, can be used to test the reasonableness of the current month's sales. Lastly, the average salary (including commission) of employees who work in similar industries (of the same size) in England, multiplied by the company's total number of employees, can be used to check the reasonableness of the company's wage expenses. Financial Ratio Analysis Wallace explains that Financial Ratio Analysis "tends to be more effective than single-component procedures because it explicitly considers interrelationships among financial variables" (Wallace, 1994, Section on Evaluating Analytical Procedures). This approach entails comparing one entry in the financial statements versus another entry, to draw implications regarding the company's financial or operational state. For example, a low net income-to-sales or gross margin ratio can possibly suggest that the company is losing significant amounts of money in its operations, because its operating expenses cannot justify the sales and revenues that it is receiving. Comparing these ratios against industry benchmarks can suggest how well the company is faring, against the whole retail clothing industry. Moreover, the ratios 'days sales in receivables,' 'days sales in inventory,' and 'inventory turnover' can give an idea of the efficiency of its collection efforts on its receivables, as well as how fast it needs to replenish its inventory to keep up with periodic demands. Regression Analysis Regression Analysis "involves the creation of a model using operating and external data as well as financial data" (Wallace, 1994, Section on Evaluating Analytical Procedures). This type of analysis, however, is more precise than the basic

Friday, November 1, 2019

Sociology 269 - Globalization Assignment Example | Topics and Well Written Essays - 500 words

Sociology 269 - Globalization - Assignment Example Thus, technological advancement has promoted globalization in several ways. Globalization is not necessarily just the exchange of products among countries. Even the live chat people sitting hundreds of thousands of miles away from one another do promotes globalization in its way. Thus, most of the things we do on a daily basis on individual and collective level promotes globalization on a micro or a macro level. Globalization has opened the gate to multiculturalism that is omnipresent in the contemporary age. Today, when I look around in my classroom, I can see Japanese, Chinese, Indians, Mexicans, Americans, Koreans, Arabs and Indonesians. There are people from every culture, every religion, every class and every ideology around me. This is one of the fundamental reasons why democracy has been encouraged so wildly all over the world in the recent years. From nursery to the high school to the college to the workplace, multiculturalism is everywhere! I am a student of the Grant MacEwan University. When I look around, I can find something from almost every country I place my finger upon while rotating the globe ball. In my University, the Grant MacEwan hoodie is made in Canada, the Grant Macewan sweat pants are made in Honduras, the ball pen in its campus’s book store is made in Japan, Lays Chips in the campus’s convenience store are made in USA, the pocket hair comb in the same store has been retrieved from China, coffee available in its food outlets is made from the coffee beens imported from Mexico while fresh oranges are produced by the farmers in USA. Today, Africa is fed the same Nestle products that are consumed in the United States of America. A man in Pakistan is eating the same mango as another in Chicago. Persian rugs glorify the mansions of American elite. Chinese cuisine is endorsed by the people of Texas and Japanese cars are being driven on