Wednesday, October 30, 2019
Book Review of In Labor's Cause Essay Example | Topics and Well Written Essays - 750 words
Book Review of In Labor's Cause - Essay Example In his book "In Labor's Law "Brody's use of comparative analysis and his careful delineation of the unenviable choices facing workers are an important contribution to the rekindled debate over American exceptionalism. The opening two essays (Time and Work during American Industrialism and The Course of American Politics) demonstrate the strengths of the collection well. From the demands of Philadelphia carpenters in 1791 for the ten hour day "They will work from six to six-how absurd!", so remarked the Federal Gazette, for the workers' first collective demand for the ten hour day, 6 a.m. to 6 p.m. with two hours off for breakfast and dinner for which there is a record in American history, to the precipitous decline of the UMWA in the 1970s, Brody applies his wit and intelligence to the peculiarities of American labor developments. These extended essays discuss central questions in the field of labor rights from the colonial period to the present. A pioneer in the evolution of the new labor history David Brody has remained loyal to the traditional consents of labor scholarship-the trade union as an institution, the worker-employer relationship, the role of the state- while displaying a keen sensitivity to the broad historical and cultural context in which these developments occurred. In the third and forth essay Brody discusses about shaping the labor movement and the market unionism in America. Brody writes about the U.S. Communist party and their vital role played in organizing workers at a variety of such large firms as General Electric, Allis-Chalmers, and Ford and in the subways of New York City and on the docks of the Pacific Coast. Most Reds stuck to the hard business of building unions for representing workers' rights, and in this process, distinguished themselves as advocates of racial and gender equa lity in a movement that had historically known neither. The influence of Communists in unions became a flagrant liability only with the onset of the Cold War, and it bred mistrust among rank-and-filers during World War II when Communist party labor officials became the most stalwart enforcers of the no-strike pledge. That certainly did not mean that labor leaders ought to have endorsed and abetted nearly every pillar of U.S. policy during the Cold War. Workers were far better off in the capitalist welfare states of Western Europe than in the Socialist beggar regimes of the Soviet block, and U.S. labor officials played a small but useful part in ensuring that the former did not succumb to the latter. But the labor hierarchy under George Meany and his disciples spent far too much time and prestige on even the more defensible aspects of their foreign policy while labors strength at home slowly eroded. And their covert actions in the Third World all but destroyed the idealistic, democra tic reputation American unionism had build up both abroad and at home during its glory days of the 1930s and 1940s. One result was that few liberal or radical activists in the swelling movements of the 1960s took seriously organized labor's claims that it was an agent of social change. For the first time in history
Monday, October 28, 2019
Cheesy Wheezy Essay Example for Free
Cheesy Wheezy Essay Starting as a small retail store in New Glarus, Wisconsin, the Cheezy Wheezy firm had slowly grown into a chain of nine retail shops located in southern Wisconsin and northern Illinois. In recent years, nearly all its competitors had begun issuing catalogs, widely distributed in late October, advertising gift packages of cheeses, jams, jellies, and other fancy food items. Henry Wilson, son of the firmââ¬â¢s founder, had convinced his father that Cheezy Wheezy should also issue a catalog. It was then March, and the last snows were melting. Henry Wilson had called his third staff meeting in as many weeks to discuss the catalog project. Present were Henry (whose title was vice president); Susan Moore, the sales manager; Jeff Bell, the inventory manager; and Robert Walker, the traffic manager. Also present was Robert Caldwell, from a Milwaukee-based ad agency that was handling many aspects of the catalog project. Moore and Caldwell had just finished describing the catalogââ¬â¢s tentative design and the allocation of catalog pages to various product lines. Caldwell then said, ââ¬Å"We are to the point where we must design the order form, which will be stapled inside the center pages. It will be a single 8 1/2-by-11-inch sheet. The customer will remove it from the catalog, complete it, fold it into the envelope shape, lick the gummed lines, and mail it in. The order form will be on one side of the sheet. On the other will be the instructions for folding and Cheezy Wheezyââ¬â¢s mailing address in New Glarus; the remainder of the space will be ads for some impulse items. Right now weââ¬â¢re thinking of a Santa Clausââ¬âshaped figure molded out of cheese. ââ¬Å"Enough of that,â⬠said Wilson, ââ¬Å"this group isnââ¬â¢t here to discuss Santa dolls. Weââ¬â¢re here to design the order form. We may also have to talk a little about selling terms. Susan? â⬠Responding to her cue, Moore said, ââ¬Å"Our biggest problem is how to handle the transportation and shipping costs. Weââ¬â¢ve studied all our competitorsââ¬â¢ catalogs. Some absorb the costs into the productââ¬â¢s price, some charge by weight of the order, some charge by money value of order, and some ship COD. â⬠ââ¬Å"How important are shipping costs, Susan? â⬠asked Bell. ââ¬Å"Plenty,â⬠was her response. They run $2 to $3 for a 1- or 2-pound package. If you take a pound of cheese that we sell in our retail stores for $2, here are our costs if it goes by catalog: cost of goods, $1; order management, 50 cents; overhead, including inventory carrying costs, 50 cents; packaging for shipment, 50 cents; and transportation costs to any point in the United States ranging between $1. 75 and $3. 20. If, however, weââ¬â¢re dealing with bigger shipments, the relative costs vary. â⬠ââ¬Å "Iââ¬â¢m not following you,â⬠said Wilson. ââ¬Å"Itââ¬â¢s like this,â⬠responded Moore. The wholesale cost of cheese to us is the same per pound, no matter how much is sold. Order-processing costs are approximately the same for each order weââ¬â¢ll be receiving by mail. Overhead and inventory carrying costs are always present but may be allocated in a variety of ways. Packaging costs are also about the same per order. They go up only a few cents as we move to larger cartons. Transportation costs are hard to describe because of their tapers. Right now our whole catalog project is bogged down with the problem of transportation cost tapers. â⬠ââ¬Å"Tapers? â⬠said Wilson, turning to Walker. Youââ¬â¢ve never told me about tapers before. It sounds like some kind of animal. â⬠ââ¬Å"Thatââ¬â¢s tapir, t-a-p-i-r,â⬠said Walker. ââ¬Å"Weââ¬â¢re talking about tapers, t-a-p-e-r-s. â⬠ââ¬Å"Oh,â⬠said Wilson. ââ¬Å"What are they? â⬠ââ¬Å"When one ships small packages of cheese,â⬠said Walker, ââ¬Å"rates are based on two factors, the weight being shipped and the distance. As weight or distance increases or bothââ¬âthe rates go up but not as quickly. This is called the tapering principle. To ship 2 pounds of cheese from New Glarus to St. Louis costs $2. 40; 3 pounds cost $3. 30; 5 pounds cost $4. 60; and so on. One hundred poundsââ¬âno, 50 pounds is a better example because some of the parcel services weââ¬â¢ll be using wonââ¬â¢t take 100 poundsââ¬â50 pounds would cost $21. Thereââ¬â¢s also a distance taper. The 2-pound shipment that costs $2. 40 to St. Louis is $3. 40 to Denver and $4. 15 to Los Angeles. â⬠ââ¬Å"Canââ¬â¢t we use the average transportation costs? â⬠asked Bell. ââ¬Å"Thatââ¬â¢s what we do with inventory carrying costs. â⬠ââ¬Å"Wonââ¬â¢t work,â⬠said Caldwell. ââ¬Å"Youââ¬â¢ll be overpriced for small, short-distance shipments and will lose sales. For heavy long shipments, youââ¬â¢ll be underpriced and will make so many sales that you might soon go belly up. Wilson shuddered and inquired, ââ¬Å"Does that mean we charge by weight and by distance? â⬠Moore answered, ââ¬Å"Itââ¬â¢s not that easy. In the cheese business, people buy by the pound, but shipping weightsââ¬âwhich include packagingââ¬âare actua lly more. A customer who orders 3 pounds of cheese is in fact receiving 3 pounds of cheese plus 6 ounces of packaging materials. I wish we could sell a pound of cheese that consisted of 14 ounces of cheese and 2 ounces of packing material, but that would be illegal at worst, and of questionable ethics, at best. â⬠ââ¬Å"We have the same problems with distance,â⬠added Walker. Weââ¬â¢re trying to sell in 50 states, but who knows how far they are from New Glarus? We could have tables and maps in the catalog, but they take up valuable selling space. Also, if it looks too complex, we may just turn off some potential customers before they complete their orders. â⬠ââ¬Å"Some of our clients have another problem,â⬠added Caldwell, ââ¬Å"and that is split orders. The customer will want 10 pounds of cheese, but it will be five 2-pound packages sent to five different locations. That has an impact on both packaging and transportation costs. â⬠ââ¬Å"So, what do we do? â⠬ asked Wilson.
Saturday, October 26, 2019
The Pet Food Market :: Business Marketing Studies
4. Draw a perceptual map for the pet food market as a whole to be included as an appendix of the final report. The perceptual map shows us the spending on advertising of different brands against the average sale price of their products. It can be seen that although some brands have very high advertisement expenses, their products aren?t classified in the super-premium price class. Whiskas products are priced averagely whereas IAMS charges a high price for its products, although it doesn?t promote its image in such a way. Whiskas is surely more well-known than the rest, having a advertisement expenditure far greater than any other brand. This is mainly due to the multinational position of Mars Incorporation, its products being retailed all over the world. 5. Produce a fully referenced macro-environmental analysis for the national pet food market. Approx. 250 words On the political side, the UK has a great number of legislation governing the pet food market. Though the pet food market is subject to the same legislation as human food, there are a number of individual parts of legislation for that particular market as well: The Animal By-Products has guidelines on what ingredients are permitted for the production of pet food, as well as the processing procedures of these products. (Great Britain. Statutory Instruments, 2001) The Feeding Stuffs Regulations 2000 include regulations about appropriate labelling of the advertised product and criteria for the use of additives and contaminants. (Great Britain. Statutory Instruments, 2000) To ensure that the customer is properly informed about the product, the Packaging Goods Regulations requires that the net weight of pre-packed foods is displayed properly on each pack. There?s the problem with the VAT on pet food varying widely across Europe. Some countries apply the same tax rate on pet food as on human food, whereas others impose a higher rate on pet food. As for the UK, human food is zero-rated, but pet food is charged at the standard rate of 17.5%. This causes discontent amongst people in the industry, seeing themselves in a competitive disadvantage. (PFMA) Economic factors don?t have a large impact on the pet food market, because it is a necessity rather than a luxury. A decline in the economy would probably enable owners to move away from premium brands to low-cost supermarket pet food. Social benefits are explained thoroughly in the ?pets are good for you? report by the petcare trust (2003). According to the statistics pets make their owners feel happier and reduce health problems like The Pet Food Market :: Business Marketing Studies 4. Draw a perceptual map for the pet food market as a whole to be included as an appendix of the final report. The perceptual map shows us the spending on advertising of different brands against the average sale price of their products. It can be seen that although some brands have very high advertisement expenses, their products aren?t classified in the super-premium price class. Whiskas products are priced averagely whereas IAMS charges a high price for its products, although it doesn?t promote its image in such a way. Whiskas is surely more well-known than the rest, having a advertisement expenditure far greater than any other brand. This is mainly due to the multinational position of Mars Incorporation, its products being retailed all over the world. 5. Produce a fully referenced macro-environmental analysis for the national pet food market. Approx. 250 words On the political side, the UK has a great number of legislation governing the pet food market. Though the pet food market is subject to the same legislation as human food, there are a number of individual parts of legislation for that particular market as well: The Animal By-Products has guidelines on what ingredients are permitted for the production of pet food, as well as the processing procedures of these products. (Great Britain. Statutory Instruments, 2001) The Feeding Stuffs Regulations 2000 include regulations about appropriate labelling of the advertised product and criteria for the use of additives and contaminants. (Great Britain. Statutory Instruments, 2000) To ensure that the customer is properly informed about the product, the Packaging Goods Regulations requires that the net weight of pre-packed foods is displayed properly on each pack. There?s the problem with the VAT on pet food varying widely across Europe. Some countries apply the same tax rate on pet food as on human food, whereas others impose a higher rate on pet food. As for the UK, human food is zero-rated, but pet food is charged at the standard rate of 17.5%. This causes discontent amongst people in the industry, seeing themselves in a competitive disadvantage. (PFMA) Economic factors don?t have a large impact on the pet food market, because it is a necessity rather than a luxury. A decline in the economy would probably enable owners to move away from premium brands to low-cost supermarket pet food. Social benefits are explained thoroughly in the ?pets are good for you? report by the petcare trust (2003). According to the statistics pets make their owners feel happier and reduce health problems like
Thursday, October 24, 2019
Developing Effective Teamwork in Organizations Essay
There are many different opinions and definitions of organizational structure. Structure in a sense is the arrangement of the functions used to do the work. Thompson said the structure ââ¬Å"is the inner structure of the differentiation and the relations.â⬠He referred to the structure as the means by which the organization sets boundaries and limits for the effective performance of its members, by the definition of responsibilities, resource control and other issues. Katz and Kahn said that ââ¬Å"the structure is a series of interconnected events that occur, fill and renew a cycle of activities.â⬠Culture, in an organizational context, can generally regard as the sum of a group or as a nation to think, believe, feel and act can be defined. Culture is the way of life of a group of people. More formal culture includes acquired as a complex whole, knowledge, belief, art, morals, customs and any other capabilities and habits of the members of a society. A corporation may be represented by the members of a nation as well as of members of an organization. Organizational structure and culture of the Uni-Lever Brothers Organizational structure called Unilever is common hybrid. The company operates three regions of the division: two product segments and five functional segments. They developed a simple structure to communication processes and effective use of available resources for the growth of the organization to accelerate. Company executives set up consists of six layers of the junior managers (local officials) to the Manager of the fifth year (the managers Unilever). Apart from this, the company employs many non-executives and cooperatives working in factories. As a multinational company Unilever a common culture for their activities has developed. They believe that all the people who work for their business and their ability to grow. The corporate culture is to believe in the ideas and support. Be a diversified company, they need to create a common working environment by combining carefully the needs of different people, so that they are motivated and proud to work for the company. Unilever is to develop a high commercial principles and code of ethics for the company a good reputation in the industry. Organizational structure and culture of Shaheen PHARMACEUTICALS Shaheen Pharmaceuticals is a drug known and reputable with more than 350 employees from different regions. Shaheen Pharmaceuticals has the distinction of being the first organization in the Swat Valley, which has received ISO 9001:2000 Quality Management is one of the famous and recognized IIC organization in Dubai received, UAE-based Arab countries and the Joint Accreditation System of Australia and New Zealand (JAS-ANZ) in 2007. Shaheen in recent years has initiated the implementation of the reform of the human resources in a structured way. Shaheen Pharmaceuticals successfully the process of human resources development at the beginning, with the changing needs of the organization of knowledge, skills and competencies aligned started. Shaheen pharmacy have a management style, the traditional functional departments are available to perform various activities of the organization. DIFFERENCE OF THE TWO ORGANISATIONAL STRUCTURES AND CULTURES The organizational structure of the Uni-Lever Brothers is a functional the functional structure, the structure is constructed so that each part of the Organization grouped according to their purpose. Functional Structure is well suited for small businesses, in each case where department can count on the talent and expertise of its employees and support. However a disadvantage of a functional Structure the coordination and communication between Services may be limited by the boundaries of the organization have different departments working separately as in the case of Uni-Lever Brothers. Shaheen has a pharmaceutical organization chart the format of a functional structure, but the difference in the two Top organizational structure uni-lever is that brothers have a hybrid Form. These organizations will help projectized Departments. Often report directly to the project Head or as a separate functional group to support specific Functions. The main advantage that a hierarchical organization. The communication overhead reduced, as each team has a Superiors and subordinates. TASK 1b IMPACT OF THE RELATIONSHIP BETWEEN ORGANISATIONAL STRUCTURE AND CULTURE ON THE BUSINESS PERFORMANCE Unilever has such a multi-domestic strategy of decentralization of strategic and operational decisions in every country that the product can be adapted to local preferences. Unilever global geographic structure has its food area that it can be adapted in different countries on trends and consumer demand regionalized. In addition, the company has developed a growth strategy as a ââ¬Å"path of growthâ⬠that. During pruning itââ¬â¢s 400 brands of 1600 brands with fierce competition in the world of multinational and national companies to accelerate growth in the next five years. The company has taken to prevent significant restructuring and organizational changes with the organizationââ¬â¢s goals. Alignment with senior management goals of the company are divided into two units, the unit of food and home and personal care products unit split. They distributed control subsidiaries with headquarters and selling companies are not profits. Organizational structure of Unilever is commonly a hybrid one. The company operates three regions of the division: two product segments and five functional segments. They developed a simple structure to communication processes and effective use of available resources for the growth of the organization to accelerate. The corporate culture is to believe in the ideas and support. Be a diversified company, they need to create a common working environment by combining carefully the needs of different people, so that they are motivated and proud to work for the company. Unilever is to develop a high commercial principles and code of ethics for the company a good reputation in the industry. Todayââ¬â¢s business world has become globalized, the resources left Training strategic internal and external, in order to further the objectives of the organization. The main goal is the company HR strategy with the company to combine a competitive advantage. After major restructuring of business processes Unilever concentrates the use of its resources to its business strategy. They established a work program simply smart people work on three levels: â⬠¢ Manage time effectively and simplify their work with a series of tools â⬠¢ To work in a team within the company â⬠¢ Easy to work in terms of process and organizational commitment of employees Its HR function was restructured into three components, which allows them to remove the complexity of the HR model.. The first is to their day to day transactional problems, manage shared services. Second component included the centralization of units within the company in areas such as education, administration, compensation and organizational development. Third component included development and delivery of HR solutions to solve business problems with the help of a group of human resource management specialists. Unilever is a global name in the world today, and has a large number of employees worldwide. For the company to be competitive in the world market must carefully synchronize their HR policies with the companyââ¬â¢s strategy to achieve their goals. Building a corporate culture is part of a key strategy that includes employee passion to win in behavior, attitudes and motivation. What can be achieved in restructuring the organization, employee assessment, workshops and awards? Unilever has a model called competitive leadership for the growth profile, the various components of the process of creating a vision of growth for every person in the company, to motivate them for the purpose of work is developed combined organization. The implementation of this model is a challenge in a specific job, but the goal was also the commitment of the staff to get to work towards. Using factors LGP new company is trying to change the behavior of the manager, to the strategic objective of business growth and development, and recruitment process management (Sustainable Development, 2008) are linked. TASK 1c INDIVIDUAL AND ORGANISATIONAL BEHAVIOR Culture of an organization is very important to play an important role, whether or not the organization is a happy, healthy place for many executives do not deny work, the importance of corporate culture in employee satisfaction, a sudden certainly shaping realize some direct implications it. It is often assumed that cultures are fixed, but this assumption is wrong. It is important that leaders at all levels about their roles and responsibilities in the defense of the positive work environments that can increase employee satisfaction are. Dissatisfaction is the leading cause of revenues and costs, and may have adverse environmental effects on the body. Individual Behavior Individual behavior refers to how individuals behave in the workplace; their behavior is influenced by his attitude, personality, perception, learning and motivation. This also refers to the combination of reactions to internal and external stimuli. Factors affecting individual behavior can be; Demography: Demographic factors, socioeconomic background, education, nationality, race, age, gender, etc. are organizations that people who belong to a higher socio-economic well-educated, young people, etc. because they prefer to be more effective than others probably. Young and dynamic professionals who have a good academic background and effective communication skills are always in high demand. The study of demographic factors is important because managers help you choose the right candidate for a position. Ability and Skills: Physical ability of a person to do something can be described as the ability. Competence can be seen as the ability in a way that allows a person to perform well defined act. Individual behavior and the performance is strongly influenced by the ability and skills. A person may well in the organization if their skills are matched with the job requirements. Managers play an important role in the skills and abilities of employees with the requirements of the position correspond. Perception: It is a cognitive process to interpret environmental stimuli and to make responses accordingly. Each individual on his preferences can base and organize its responses. To interpret environmental stimuli there are several factors that affect the perception of one. The study of perception plays an important role for managers. It is important for managers to create a positive work environment so that employees can perform better. Employees are most likely to succeed if they perceive a positive way. Attitude: According to psychologists, the attitude as a tendency to respond positively or negatively to certain objects, persons or situations are defined. Factors such as family, community, culture, colleagues and organizational factors influence the formation of attitudes. Manager of a company, the variables associated with the task. Working environment in a favorable way, that people are trying to create study form a positive attitude toward their jobs Employees can better in the organization, if they are positive. Personality: Personality as the study of the properties and characteristics of an individual can be the interdependent relationship between them and how a person reacts and adapts to different people and situations. The various factors that influence an individualââ¬â¢s personality are heredity, family, society, culture and situation. It implies that individuals differ in their nature and meets the organizational environment. Personality can be considered the most complex aspect of human behavior that is significantly affected. We can conclude that the study of personality traits is a chance to understand people. It helps them to properly orient their efforts and motivation to achieve the organizational goal. It refers to the fact that various environmental factors to produce different responses. The study of these reactions is very important for the organization. Every organization needs a certain kind of conduct of their employees, and such behavior can be discovered through obs ervation, learning, exposure, education, etc. LEARNING OUTCOME 2 Task 1 Leadership Styles A style of leadership leading provider of consulting, implementation plans and motivate. There are many different types of leadership that can be presented by the leaders in politics, business or other. Authoritarian Leadership Style An autocratic leader has strict custody and tight control over followers by giving the strict regulation policies and procedures, to the disciples. To keep the focus on the distinction between authoritarian leaders and their followers, these kinds of guides are implemented so as to make sure to create a professional relationship separate. Direct supervision, is what they believe to be the key to maintaining an efficient and trailer boat. In fear, unproductive supporterââ¬â¢s authoritarian leaders keep a watchful eye and it is necessary that something be done. Examples of communicative behavior authoritarian stage a traffic cop, a teacher ordered a student to do his duty, and a cleaning supervisor instructed a subordinate workstation. All of these positions require a significant number of features that give the leadership to put things in order or a point of view. Authoritarian features: sets goals individually, engaged primarily in one direction, downward communication, control conversations with the faithful, and the interaction donation. Paternalistic Leadership Style As a paternalistic leader, by taking care of you as a father figure would work to their subordinates as parents. In this way the leadership of the Chief provides comprehensive care for his followers or workers. In return, he gets the full trust and loyalty of his people. Workers under the leadership style should be very committed to what the leader thinks and do not strive and work independently. The relationship between the leaders and colleagues are extremely strong. Workers should stay with a company for a longer period due to the loyalty and trust. Not only do they treat each other like family into the labor market, but also outside. These workers are in a position to the other with all the problems that they are going through something; because they believe what they say, really help. One of the drawbacks of a paternalistic leader is that the leader can begin to play in the decisions favorites. This guide includes workers are more likely to follow and for those who were less fai thful to exclude. Democratic Leadership Style Democratic leadership includes the leaders of the decision-making skills to share with the group to promote the interests of the members of the group and the practice of social equality. This style includes discussions to encourage debate and the exchange of ideas and people feel good about their participation. The boundaries of democratic participation in the rule of the organization or group needs and the instrumental value of these attributes (skills, attitudes, etc.) are limited. Democratic style includes the idea that everyone needs, due to their status as human beings play a role in the decisions of the group. But the Democratic leadership still needs guidance and control by a specific leader. The democratic style requires the leader to decide who should be called within the group and make the right decisions and to participate and vote. Research has shown that this type of leadership is one of the most efficient and creates greater productivity has improved contributions from the members of the group and group increased morale. In situations where the roles are not clear or time is short, the Democratic leadership to lead the communication failures and unfinished projects. Democratic leadership works best in situations where group members are qualified and willing to share their knowledge. It is also important to allow sufficient time to help people develop a plan and then vote on the best way to have effect. Laissez-faire Leadership Style Laissez-faire leadership style was first described by Lewin, Lippitt and White in 1938, and the autocratic leadership and democratic leadership style. The laissez-faire style is sometimes referred to as ââ¬Å"hands offâ⬠management style, because the leader delegates tasks to their fans and has little or no significance for the disciples. If the leader moves to its followers, it can sometimes lead to a lack of productivity, satisfaction and cohesion. Laissez-faire leaders loyal to complete freedom can make decisions on the conclusion of their work. It allows supporters a high degree of autonomy and independence, while providing advice and support at the same time the demand. The weary head with the Freedom Tour, trailer with all necessary materials in order to achieve their goals, but do not participate directly in the decision, unless the disciples to ask for their help. Transactional Leadership Style Transactional leadership style was first described by Max Weber in 1947 and later in 1981 by Bernard Bass. In this style he mainly used management to focus on transactional leaders. They guide their followers and motivated them by a system of rewards and punishments. There are two factors that are the basis of this system, rewards and management by exception. Offers rewards contingent rewards, both material and psychological for the efforts and recognize good performance. Management by exception allows the driver to maintain the status quo. Occurs when the subordinates do not meet an acceptable level of performance and corrective intervene to improve performance. Management by exception relieves managers, as they are called in when employees are away from. Comparison of the Five Leadership Styles Authoritarian leadership is best applied to situations where there is little time for group decision making or better informed when the leader of the member of the group. The paternalistic leader promotes the organization because she workers to perform tasks, so you can allow them to stay on top of their work. A worker task that boosts confidence and makes them work harder to achieve a goal and to exceed proved that they work hard. With this style of management can also help a reward system. This system allows employees to better, because there is something for them at the end of the tunnel. While doing this, they will also be able to perform more work in a given period. The democratic style requires the leader to decide who should be called within the group and make the right decisions and to participate and vote. Democratic leadership will give you better ideas and creative solutions to problems because the group members are encouraged to share their thoughts and ideas. Although democratic leadership style is one of the most effective leadership, it has some potential drawbacks. The laissez-faire style effective for use: â⬠¢ The fans are highly qualified, experienced and educated. â⬠¢ The fans are proud of their work and will do it on their own. â⬠¢ Outside experts, such as staff specialists or consultants are used. â⬠¢ The fans are experienced and trustworthy. This style should not be used if: â⬠¢ The followers a sense of insecurity to the unavailability of a leader. â⬠¢ The leader cannot or do not regularly reporting back to their disciples Effective leadership styles Uni-Lever Brothers In large multinational companies such as Uni-Lever Brothers Company endorsed the concept of leadership not only with traditional dimensions such as strokes and styles, but also at the level of the leadership skills developed through the process generated history of organizational learning. It forms what is believed to lead can affect considerable strategic importance, announced the general performance of the multinational Unilever in 2001 ââ¬Å"Path to Growthâ⬠of the new strategy by the number of products in its portfolio in 1200 400 to instead Unilever brands create a space for global growth. A key strategy as ââ¬Å"building a corporate cultureâ⬠aims to encourage employees to gain market behavior due to their state of mind, passion and motivation. This culture has been developed through an organizational restructuring, assessment, workshops and awards. The most important is the strategic reorientation model combines Unilever new skill, leadership for the growth profile (LGP), and the following elements. First of all, everyone in the company should have a vision for growth. Growth is considered the key criteria for the conduct of employees of Unilever. Second, any increase in growth through the implementation and for other growth stimulating. Third, it is important to get the commitment of growth. And defining a new set of skills LGP / factors and the use of management development and recruitment Unilever tries to change the behavior of managers and increase behaviors that are related to the strategic objectives of growth. Unilever said Expatriate Manager Orientation power is lower than the other cultural attribute value to the company. Low score on this scale reflects the heritage management and previous painful realities of economic transition. Effective Leadership Styles in the Pharmaceutical Shaheen The basic goal of the pharmaceutical industry Shaheen is to produce high quality medicines at affordable prices with the latest technology and a highly technical. To achieve this goal, the Company has GLP, GMP and ISO 9001:2000 GWP requirements and continual improvement of their management and marketing tasks. Shaheen Pharmaceuticals by style bureaucratic activities of the HR department, that all core businesses which position a person has only one main HRD activities. Shaheen pharmacy has one of the best systems management career. The Company periodically reviews its employees and as far as the improvement of their career is to be feared, the company has an appropriate strategic planning, through which it raised the level of staff training. The company offers workshops, seminars, visits, key employees and other pharmaceutical training courses that focus on the injection of expertise and professionalism of the staff. TASK 2 ORGANISATIONAL THEORIES Organizational theory as ââ¬Å"the study of organizations in favor of the identification of common themes in order to solve problems, the maximization of the efficiency and productivity and to meet the needs of the stakeholder organization theories are theories of classical, neo-classical and modern. It complements studies of organizational behavior studies and Human Resource Management. Organizational theory aims to understand the structure within organizations. The research aims to find out if it. Better way of structuring organizations, or if it varies depending on the situation. Another goal is to understand what causes. These theories are further categorized into three categories namely classical, neo classical and modern theories. Advantages and disadvantages of the classical theory of management practice Although classical perspective promotes efficiency, it is often to ignore the needs of people criticized. Moreover, it is rarely considered human error or the variability of the performance. One of the advantages of the traditional management structure is a clear organizational hierarchy with three levels of separate management. Each management group has its own goals and responsibilities. One of the advantages of the classical approach to management is the division of labor. The projects are divided into small tasks easy to accomplish. The division of labor leads to increased productivity and efficiency, because the workers should not multitask. According to the classical theory of management, employees must be motivated by financial rewards. Owner of a small business can take to motivate this approach by staff to achieve production. The approach of the autocratic leadership is the central part of the classical management theory. The autocratic leadership approach is generally to be made quickly by a chieftain of small decisions without a large group of people, such as advising a board. Small businesses, sole proprietorships, may have a particular advantage in this approach because they have a strong leader need to grow. Classical management theory was rigid and mechanistic and it is a clear inadequacy of the classical organization theory. Its main drawback is that it has tried to explain the motivation of the people who work strictly for economic success. Another weakness of the classical organizational theory rests on the assumption that all organizations are somewhat similar. Thompson and McHugh (2002: 6) Quote Salaman (1979: 33), which states: ââ¬Å"A real organizational sociology is not by the efforts of some analysts helped organization hypotheses about organizations in general to develop an amalgam of these examples as diverse as voluntary organizations, charities and political organizations. Advantages and disadvantages of neoclassical theory in practice management The human relations movement developed in response to the strong and authoritarian structure of the classical theory. He raised many questions which theory from the classical. The most serious objection to the classical theory is that it created on the compliance and stiffness, wading creativity, personal growth and motivation. Neoclassical theory appears genuine concern for human needs. Neoclassical theory focuses on individual behavior or group, and the relationships determine productivity. The main features of the neoclassical approach are individual group work and participatory management style. Neoclassical theorists have recognized the importance of individual and collective behavior and emphasized human relationships. Based on the Hawthorne experiments, stressed the neoclassical approach, the relationship between the social or human operators, researchers and regulators (Roethlisberger and Dickson, 1943). It has been argued that these considerations were consistent determination productivity as simple changes in working conditions. Productivity gains achieved as a result of high morale, which was affected by the amount of each employee, personal attention and get intimate. Advantages and disadvantages of the modern theory of management practice Modern theories are based on the idea that the organization is a scalable system that must adapt to changes in their environment. Modern theories are systemic approach, the socio-technical approach and the concept of contingency or situation. The systems approach views the organization as a system consisting of a series of interconnected composed and interdependent subsystems. The socio-technical approach is to look up the organization as a social system, the technical system and its environment. They interact with each other and it is necessary, according to balance for the effective functioning of the institution. The contingency or situational approach recognizes that organizational systems are interrelated with their environment and different environments call for different organizational relationships for effective organization. Some major features of the modern approaches of the organization are: â⬠¢ Theses approaches are a systemic and dynamic process of viewing and interaction. â⬠¢ These approaches are multilevel, probabilistic, multi-motivated and multidimensional in nature.
Wednesday, October 23, 2019
Philippines and International Trade Essay
What is International trade? International trade is defined as trade between two or more partners from different countries in the exchange of goods and services. In order to understand International trade, we need to first know and understand what trade is, which is the buying and selling of products between different countries. International Trade simply globalization the world and enable countries to obtain products and services from other countries effortlessly and expediently. International trade has been in existence throughout history and has an economic impact on the articipating countries. Trade in most countries has a share of the Gross Domestic Product (GDP) and helps to boost the countrys overall economy on a yearly basis. International Trade for the Philippines is available only to chosen business and companies and is declining, because we import more goods than we export, which affects our countryââ¬â¢s economy. Economic development in Philippine economy has been because of high government spending. A hard working service sector and large allowance from millions of Filipinos working abroad played an important role in Philippine economic development. Since the former president Macapagal-Arroyo came into power in 2001 there has been an economic growth of 5%. Still, the Philippines need a further increase in growth rate in order to sustain economic growth. More economic development is required to lessen poverty in the country and address imbalances in distribution of income. It also stresses on high population growth. This paper discusses the uncertain economic status of the Philippines, in terms of its stand in the world market, and its relationship with other countries. The need for new investors and lessen unemployment will be the point of discussion.
Tuesday, October 22, 2019
Media Censorship essays
Media Censorship essays Today there is much controversy over whether there should or shouldn't be censorship of the media. Censorship should not be imposed on citizens by the government or other agencies; adults have a right to view or listen to what they choose. Additionally, if children's media is censored, parents are the ones to monitor and regulate it. Parents should monitor children's viewing of television and also what they hear on the radio, CD's, and tapes. Censorship includes the examination and blocking of books, periodicals, plays, films, television and radio programs, news reports, and other communication media that is shown to, or available, to the public. Media censorship is sometimes put into place because content is immoral or obscene, heretical or blasphemous, seditious or treasonable, or injurious to the national security. It is supposedly is used for the protection of the family, the church, and the state. Additionally some religious groups, opposed to the violence shown in different types of media, say censorship works. However, still more that believe in civil rights believe that it is an unnecessary violation of the right to freedom of speech for all humans. Censorship of the media for children is necessary, but should not be handled by government or other groups. Instead it should be directed and controlled by parents with or without children. Censorship for children is necessary because the average American view's 100,000 acts of violence on TV before reaching the age of thirteen. Many of the violent acts are presented news stations which are stations parents or adults watch to find out information about weather, and road conditions, or anything that can help with daily life. If the government were to bring censorship to these stations adults would not see the news reports in their area or around the world. For this to be avoided, the government must leave censorship to parents. To facilitate parent's exercise of viewing cens...
Monday, October 21, 2019
Asteroids essays
Asteroids essays Eros is an asteroid but can be called a minor planet. It orbits the sun that sometimes causes it to closely pass as 14,000,000 miles next to Earth. Scientists believe that Eros comes this close to Earth every 31 years. The last time Eros came close to Earth was back in 1975. Therefore, the next time it will approach Earth will be in 2006. The pathway the asteroid takes can be changed by gravitational pull of other planets. This can change and interfere because of the gravitational pull and how it will approach Earth within the next 15 years. Eros has been described as having a football or potato shape. The radius is 4.3 miles, the length about 21 miles, and about 8 miles wide. Its orbit around the sun lasts about 642 days coming as close as 106,000,000 miles and going as far as 165,000,000 miles away from the sun. Scientists have used Eros as a guide to help determine the Earths average distance to the sun. This was done when Eros was. closest to the Earth. Space craft have landed on Venus, Mars, and the Moon but none have ever landed on a moving rock in space. On February 12, 2001, Scientists maneuvered NEAR Shoemaker unmanned space craft to a soft landing on the potato - shaped asteroid Eros. NEARà ¹s mission had already been complete. NEAR stands for Near Earth Asteroid Rendezvous. This particular mission was to orbit Eros for one year but scientists did better than what was expected. They guided the craft by using five engine burners that slowed NEAR to four miles an hour so it could land. NEAR sent signals to Earth with 69 photographs taken at the time of the descent. NEAR solved the mysteries about the Asteroid it took pictures of craters, boulders, and dust. NEARà ¹s camera was on the landing side. The pictures showed few small craters. Some of the larger craters showed they had been filled. Scientists suggested this was caused by shifting dust on Erosà ¹ exterior. The asteroid sho ...
Sunday, October 20, 2019
George Washington Carver, Agricultural Chemist
George Washington Carver, Agricultural Chemist George Washington Carver (January 1, 1864ââ¬âJanuary 5, 1943) was an agricultural chemist who discovered 300 uses for peanuts as well as hundreds of uses for soybeans, pecans, and sweet potatoes. His work provided a much needed boost to southern farmers who benefited economically from his recipes and improvements to adhesives, axle grease, bleach, buttermilk, chili sauce, fuel briquettes, ink, instant coffee, linoleum, mayonnaise, meat tenderizer, metal polish, paper, plastic, pavement, shaving cream, shoe polish, synthetic rubber, talcum powder, and wood stain. Fast Facts: George Washington Carver Known For: Agricultural chemist who discovered 300 uses for peanuts as well as hundreds of uses for other cropsAlso Known As: The Plant Doctor, The Peanut ManBorn: January 1, 1864à in Diamond, MissouriParents: Giles and Mary CarverDied: January 5, 1943à in Tuskegee, AlabamaEducation: Iowa State Universityà (BA, 1894; MS, 1896)Published Works: Carver published 44 agricultural bulletins laying out his findings, while at the Tuskegee Institute, as well as numerous articles in peanut industry journals and a syndicated newspaper column, Professor Carvers Advice.Awards and Honors: The George Washington Carver Monument was established in 1943 west of Diamond, Missouri on the plantation where Carver was born. Carver appeared on U.S. commemorative postal stamps in 1948 and 1998, as well as a commemorative half dollar coin minted between 1951 and 1954, and many schools bear his name, as well as two United States military vessels.à Notable Quote: No books ever go into my laboratory. The thing I am to do and the way are revealed to me the moment I am inspired to create something new. Without God to draw aside the curtain, I would be helpless. Only alone can I draw close enough to God to discover His secrets. Early Life Carver was born on Jan. 1, 1864 near Diamond Grove, Missouri on the farm of Moses Carver. He was born into difficult and changing times near the end of the Civil War. The infant Carver and his mother were kidnapped by Confederate night-raiders and possibly sent away to Arkansas. Moses found and reclaimed Carver after the war, but his mother had disappeared forever. The identity of Carvers father remains unknown, although he believed his father was a slave from a neighboring farm. Moses and his wife reared Carver and his brother as their own children. It was on the Moses farm that Carver first fell in love with nature and collected in earnest all manner of rocks and plants, earning him the nickname The Plant Doctor. Education Carver began his formal education at the age of 12, which required him to leave the home of his adopted parents. Schools were segregated by race at that time and schools for black students werent available near Carvers home. He moved to Newton County in southwest Missouri, where he worked as a farmhand and studied in a one-room schoolhouse. He went on to attend Minneapolis High School in Kansas. College entrance was also a struggle because of racial barriers. At the age of 30, Carver gained acceptance to Simpson College in Indianola, Iowa, where he was the first black student. Carver studied piano and art but the college did not offer science classes. Intent on a science career, he later transferred to Iowa Agricultural College (now Iowa State University) in 1891, where he gained a Bachelor of Science degree in 1894 and a Master of Science degree in bacterial botany and agriculture in 1896. Carver became a member of the faculty of the Iowa State College of Agriculture and Mechanics (he was the first black faculty member at the Iowa college), where he taught classes about soil conservation and chemurgy. Tuskegee Institute In 1897, Booker T. Washington, founder of the Tuskegee Normal and Industrial Institute for Negroes, convinced Carver to come south and serve as the schools director of agriculture, where he remained until his death in 1943. At Tuskegee, Carver developed his crop rotation method, which revolutionized southern agriculture. He educated the farmers on methods to alternate the soil-depleting cotton crops with soil-enriching crops such as peanuts, peas, soybeans, sweet potato, and pecans. Americas economy was heavily dependent upon agriculture during this era, making Carvers achievements very significant. Decades of growing only cotton and tobacco had depleted the southern region of the United States. The economy of the farming South had also been devastated during the Civil War years and by the fact that the cotton and tobacco plantations could no longer use slave labor. Carver convinced southern farmers to follow his suggestions and helped the region to recover. Carver also worked at developing industrial applications from agricultural crops. During World War I, he found a way to replace the textile dyes formerly imported from Europe. He produced dyes of 500 different shades and was responsible for the invention of a process for producing paints and stains from soybeans. For that, he received three separate patents. Later Years and Death After finding fame, Carver toured the nation to promote his findings as well as the importance of agriculture and science in general for the rest of his life. He also wrote a syndicated newspaper column, Professor Carvers Advice, explaining his inventions and other agricultural topics. In 1940, Carver donated his life savings to establish the Carver Research Foundation at Tuskegee for continuing research in agriculture. Carver died on Jan. 5, 1943, at the age of 78 after falling down the stairs at his home. He was buried next to Booker T. Washington on the Tuskegee Institute grounds.à Legacy Carver was widely recognized for his achievements and contributions. He was given an honorary doctorate from Simpson College, named an honorary member of the Royal Society of Arts in London, England, and received the Spingarn Medal given every year by the National Association for the Advancement of Colored People. In 1939, he received the Roosevelt medal for restoring southern agriculture. On July 14, 1943, The George Washington Carver Monument was established west of Diamond, Missouri, on the plantation where Carver was born and lived as a child. President Franklin Roosevelt provided $30,000 for the 210-acre complex, which includes a statue of Carver as well as a nature trail, museum, and cemetery. Additionally, Carver appeared on U.S. commemorative postal stamps in 1948 and 1998, as well as a commemorative half dollar coin minted between 1951 and 1954. Many schools bear his name, as do two United States military vessels. Carver did not patent or profit from most of his products. He freely gave his discoveries to mankind. His work transformed the South from being a one-crop land of cotton to a region of multi-crop farmlands, with farmers having hundreds of profitable uses for their new crops. Perhaps the best summary of his legacy is the epitaph that appears on his gravesite: He could have added fortune to fame, but caring for neither, he found happiness and honor in being helpful to the world. Sources ââ¬Å"Distinguished Alumni | Iowa State University Admissions.â⬠à Admissions, iastate.edu.ââ¬Å"George Washington Carver.â⬠à Biography.com, AE Networks Television, 17 Apr. 2019.ââ¬Å"George Washington Carver Publications from the Tuskegee Institute Bulletin, 1911-1943 3482.â⬠à George Washington Carver Publications from the Tuskegee Institute Bulletin, 1911-1943.ââ¬Å"Learn About the Park.â⬠à National Parks Service, U.S. Department of the Interior.Kettler, Sara. ââ¬Å"7 Facts on George Washington Carver.â⬠à Biography.com, AE Networks Television, 12 Apr. 2016.
Saturday, October 19, 2019
Operations Management Essay Example | Topics and Well Written Essays - 1500 words - 4
Operations Management - Essay Example Here I want to thanks my parents as well for all their prayers and support. By, Department of Project Management, Faculty of Management Sciences _____________________________________________ Dated: 26-04-2013 Contents Introduction 4 Background of Coca Cola 5 Histogram 7 In statistics, a histogram is a graphical representation of the distribution of data. It is an estimate of the probability distribution of a continuous variable and was first introduced by Karl Pearson. A histogram in a representation of tabulated frequencies, shown as adjacent rectangles, erected over discrete intervals (bins), with an area equal to the frequency of the observations in the interval. The height of a rectangle is also equal to the frequency density of the interval, i.e., the frequency divided by the width of the interval. The total area of the histogram is equal to the number of data. 7 Value Chain Analysis of Coca Cola and Histogram 7 Conclusion 10 References 11 Introduction Organizations have been ma de to earn economic profit. The essence of profit maximization is very important from the standpoint of the organizations that is why the entities have to undertake effective long term strategies to expand the revenue recognition of the firm (Andrew & Collingwood, 2005, PP. 98). Organizations have been around the strategies and long term benefits, that is why the organizations have to keep a certain check and balance over its strategies merely for their long run growth. Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods and/or services (Andrew & Collingwood, 2005, PP. 111). It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements (Andrew & Collingwood, 2005, PP. 95). It is concerned with managing the process that converts inputs (in the forms of materials, labor, and energy) into outputs (in the form of goods and/or services). The relationship of operations management to senior management in commercial contexts can be compared to the relationship of line officers to highest-level senior officers in military science. The highest-level officers shape the strategy and revise it over time, while the line officers make tactical decisions in support of carrying out the strategy. In business as in military affairs, the boundaries between levels are not always distinct; tactical information dynamically informs strategy, and individual people often move between roles over time (Andrew & Collingwood, 2005, PP 102). The entire world has been moving with a lightning speed and the stance of globalization is on its peak, in which any small effect on anything has an ultimate effect over the other things as well. Organizations have to take numerous strategies into account to sustain in the competitive environment. The competition stance has also increased due to the level of globalization, which enables the companies to undertake effective operating strategies as far as their long run growth is concerned. There is different analysis which an organization performs to assess the loopholes within its operations (Berry, 2001, PP. 52). Among different analysis
Assessing non-parametric or t tests Essay Example | Topics and Well Written Essays - 1500 words
Assessing non-parametric or t tests - Essay Example The Cronbach alpha value of HPLPII was 0.95, which is reliable and valid for study; as HPLPII has been divided into further six subscales which are health responsibility (HR), physical activity (PA), nutrition (NUTR), spiritual growth (SG), interpersonal relations (IPR), and stress management (SM). The Cronbach alphaââ¬â¢ individual subscale values are stated as 0.83 for HR, 0.87 for PA, 0.85 for NUTR, 0.86 for SG, 0.82 for IPR and 0.76 for SM. Second concept of Attentional Demands Survey (ADS) is valid as Cronbach alpha values stood at 0.96. Since ADS was further divided into four subscales as Physical Environmental (PE), Informational (INF), Behavioural (BEH) and Affective (AF). The Cronbach alpha for all four internal subscales was reported as 0.90 for PE, 0.91 for INF, 0.84 for BEH and 0.88 for AF. Considering all the reported statistics of Cronbach Alpha; it can be argued that all variables are valid and reliable for further testing; it should be noted that acceptance of Cron bach Alpha test statistic is 0.8 for previously tested models and 0.7 for newly tested models. After validation, it should be noted that this study is a correlational study so, obviously the next step will be to analyse the correlation between the survey findings of Attentional Demand Survey (ADS) and Health Promoting Lifestyles Profile II. The resulted correlation between ADS and HPLPII was a moderate negative correlation though all the indicators were significant at 5% level of significance as p statistics for all correlation statistics was below 0.05. After open analysis the sample was categorized into age groups. One way ANOVA test was applied to find the significance of age differences and health promotion. The result statistics revealed significant difference of health promotion between two groups of age 65-74 and age 75-84 but the age group 85 to older had no significant difference in health promotion. The One way ANOVA test statistics revealed the significance of age group d ifferences as p stood at 0.027 with the F-test statistics at 3.72. In the parametric dimension of analysis ADS was consider responsive to the nursing facility for which demographic differences such as marital status differences and gender differences were tested for relationship. Marital status differences were not significant and there was no difference in health promotion while testing their marital differences as t-test statistics for ADS was 0.42 and for HPLPII was -0.42, both t-test statistics were below 2. Similarly gender differences for health promotion were also insignificant as t-test statistic for ADS was 0.76 and for HPLPII was -1.42. Besides parametric testing, the study also opted for some non-parametric testing as attentional demands and difficulties by different age groups were specified and the study compiled the survey results and presented it in tables which was categorized in three age groups. These non-parametric analysis helped understanding the qualitative dim ension of the study. The article is actually based on the growing healthcare problems among the dwelling elders in USA and examines the barriers to health promotion among them. The elderly population of today is known as the baby boomer generation who have
Friday, October 18, 2019
The BP Oil Spill in the Gulf of Mexico in 2010 Research Paper
The BP Oil Spill in the Gulf of Mexico in 2010 - Research Paper Example In particular, this paper includes discussion and evaluation of different aspects of BP Oil Spill to identify ethical issues related to it and lessons that can come from it. Alongside these factors, there are also the numerous risks that each business faces, whether it is through competition, emerging firms, varying economic factors or the fluctuating exchange rates of currencies that account for a major part of the companyââ¬â¢s business. To understand risk, one has to acknowledge what it means in true business. In the world of commerce, it mean that there is an existing probability that a particular step or decision leads to an undesirable impact, such as loss of valuable resources, or failure to accomplish the desired goal (Great Britain, pp.1). It exists in all businesses, and dealing with them is the main part of an entrepreneurââ¬â¢s job, even if the degree of risk involved can vary from business to business. This variation is the main reason why ethics are not receiving the same amount of importance as before in several businesses, who seem accustomed to following unethical procedures in their businesses. During the earlier part of the last century, businesses faced higher risks due to the manual nature of the work they did. This does not exist currently, however, where risk can be measured quite accurately due to the technologies present. British Petroleum (BP) is one of the highest-ranking companies in the world, which started as a local oil company. Nowadays, BP is famous worldwide for its success as an oil and gas company providing its service globally. A few years ago, it executed one of its large projects names ââ¬ËDeepwater Horizonââ¬â¢, on the Gulf of Mexico (Miller, et. al., pp. 15-97). This led to the oil spill and explosion, which happened on April 20, 2010, a disaster, which the world remembers as the BP Deepwater Horizon oil spill (Miller, et. al., pp. 15-97). Some major victims of this spill were marine creatures who had their h omes and habitats destroyed by the spilled oil in the sea. The cause of this spill was the failure to keep the gas pressure in the well under control, which further led to the blowout preventer malfunctioning, resulting in the disastrous oil spill. After a conflagration, the rig was swallowed by the sea, leading to the oil seeping out, and continuing for three straight months before the company was able to seal the well and stop it. Several millions of barrels of oil spilled into the Gulf, killing several human beings, marine animals and destroying a famed tourist location and the homes of thousands of marine animals (Miller, et. al., pp. 15-97). Observations In particular, BP Oil Spill resulted in a number of unethical outcomes that affected the human society environmentally, economically, as well as socially. One significant adverse impact that the spill had was ecological damage killing an unimaginable amount of marine life, including animals, plants, and corals, and it was mainl y ââ¬Å"whales, dolphins, turtles, beach mice, birds, fish, corals, and many othersâ⬠(King, pp. 3-10) who became victim to the spill. The cause of this was when the operators lost control of the gas pressure in the well. This led to a massive leaking of gas into the water, which decreased the oxygen level in
Concerns about Research Methods Course Essay Example | Topics and Well Written Essays - 250 words
Concerns about Research Methods Course - Essay Example I have been looking forward to this class on nursing research because of my impetus to generate and propagate the outcomes of this course for the betterment of the health care profession as well as for my own mental and intellectualistic growth. However, I think that I would like a course in nursing research methods better if more nurses came forward to enroll in research courses as that would have increased my interacting and communication skills. Secondly, it would have been appealing if more financial aid from the government was available for research courses. Qualitative research focuses on the principles of phenomenology as well as biological statistical methods and techniques, and I think that a class in nursing research will improve my effectiveness as a nurse. It will also help me in conducting a lot of interviews to study human consciousness, tabulating the results I receive, analyzing numerous case studies and mastering ethnography. I will be studying diverse human cultures and recording the results which will definitely increase my efficiency as a nurse. Inevitably, I will be a more effective nurse once this research course ends. Furthermore, the research course will improve my knowledge of scientific methods used for clinical practice, enhance my ability to recognize the symptoms of diseases and provide effective palliative care (Sirotnik
Thursday, October 17, 2019
Geography Master Essay Example | Topics and Well Written Essays - 1250 words
Geography Master - Essay Example It had been branching out for a long time, more so, with the new discoveries. History of physical geography starts with the cartography of early Greeks, developed by Eratosthenes, Strabo and Aristotle, and later popularised by Ptolemy, who even thought of latitude and longitude. The voyages of the discoverers and adventurers, conquests of Alexander the Great, geographical exploration and the broadening of the scientific outlook in humans, contributed immensely to the development of physical geography. Physical/Environmental geography includes hydrosphere, Lithosphere, atmosphere and biosphere. Physical geography is considered to be a branch of two disciplines, Geography and Earth Sciences. . "The main purpose of Physical Geography is to explain the spatial characteristics of the various natural phenomena that exist in Earth's hydrosphere, biosphere, atmosphere, and lithosphere," http://www.physicalgeography.net/home.html Study of Physical geography consists of rocks, minerals, land formations, animals, water, plants, environment, water bodies, oceans, atmosphere, rivers, weather and climate etc. It also covers Meteorology, Climatology, Biogeography, Geomorphology, Pedology, and Hydrology and every natural aspect, shape on the outer skin of Earth. It also consists of a history of uniformitarianism, Charles Darwin's Evolution, constant exploration and survey, and the recently popularised conservation. It explains the quantitative revolution with statistics and measurement and determines man's relationship with the land. It deals with global warming and greenhouse effect. It explains the environment as it is found on Earth today, points out the natural and human-made changes and assimilates efforts of restoration. There are many future scopes of physical geography research. Applied physical geography is used for solving human-induced environmental problems. It has solutions for many daunting riddles, posed by an ecologically imbalanced world. It also can be used for new techniques like Remote Sensing to monitor the resources of the earth and atmosphere. Cartography combined with the modern scientific methods, could be a formidable force. These are the fundamentals of physical geography: It is concerned with the atmospheric composition and the layered atmosphere, consisting of troposphere, tropopause, stratosphere, influence by the polar jet stream and the subtropical jet stream, isothermal layer, ozone layer, mesosphere, stratopause and mesopause, and thermosphere. It learns the physical behaviour of the atmosphere and gas laws, temperature, density, pressure, volume, proportional atmosphere, proportional and inversely proportional volumes. It studies mass, gravity, force of acceleration, terminal velocity, ultra violet radiation, atmospheric effects on incoming radiation, absorption, patterns of solar radiation absorption, greenhouse effect and photosynthesis, short and long wave radiations, global heat balance, meridional transport, sensible, latent and surface heat flux, ocean currents, the concept of temperature, daily and annual cycles of temperature, global surface temperature distribution, forces acting to cre ate wind, local and regional wind systems, global scale circulation of the atmosphere, upper air winds and the jet streams, air masses and frontal transitional zones, the mid-latitude cyclone, thunderstorms and
Sexuality And Culture A Relationship Analysis Movie Review
Sexuality And Culture A Relationship Analysis - Movie Review Example In the paper "Sexuality And Culture A Relationship Analysis" the influence of the cultural norms and values with the sexuality overall will assess. Though with the globalization of the world and increasing personnel movement across the globe, there has evolved a situation where many cultures are intersected at various points and people belonging to one culture, may exhibit behaviors related to some other cultures at times, but the extent of the influence of the culture on sexuality is still evident It can be consciously said that the cultural norms if seen with the context of the region and the society a person lives in dictates in a better way, a person exhibits his behaviors. Cultural Product under Discussion Various cultures in the world have very different and unique ways of expressing the sexual desire. In few of the cultures, there may be very few instances when a male might express to the female, his desire to indulge in the sexual interaction. Whereby, indulging into sex may be considered something very sacred or treating it as an ââ¬Ëeventââ¬â¢ thus making it a very rare occasional call for sex. Whereas in some cultures, the way a male would express his desire to sexually interact with the female partner may be just as having dined out at the weekend. This is all very much influenced by the culture a person lives into. Therefore, it is necessary for the matter of discussion and analysis that a particular cultural product or a society be chosen to look into the cultural aspects of sexuality.
Wednesday, October 16, 2019
Geography Master Essay Example | Topics and Well Written Essays - 1250 words
Geography Master - Essay Example It had been branching out for a long time, more so, with the new discoveries. History of physical geography starts with the cartography of early Greeks, developed by Eratosthenes, Strabo and Aristotle, and later popularised by Ptolemy, who even thought of latitude and longitude. The voyages of the discoverers and adventurers, conquests of Alexander the Great, geographical exploration and the broadening of the scientific outlook in humans, contributed immensely to the development of physical geography. Physical/Environmental geography includes hydrosphere, Lithosphere, atmosphere and biosphere. Physical geography is considered to be a branch of two disciplines, Geography and Earth Sciences. . "The main purpose of Physical Geography is to explain the spatial characteristics of the various natural phenomena that exist in Earth's hydrosphere, biosphere, atmosphere, and lithosphere," http://www.physicalgeography.net/home.html Study of Physical geography consists of rocks, minerals, land formations, animals, water, plants, environment, water bodies, oceans, atmosphere, rivers, weather and climate etc. It also covers Meteorology, Climatology, Biogeography, Geomorphology, Pedology, and Hydrology and every natural aspect, shape on the outer skin of Earth. It also consists of a history of uniformitarianism, Charles Darwin's Evolution, constant exploration and survey, and the recently popularised conservation. It explains the quantitative revolution with statistics and measurement and determines man's relationship with the land. It deals with global warming and greenhouse effect. It explains the environment as it is found on Earth today, points out the natural and human-made changes and assimilates efforts of restoration. There are many future scopes of physical geography research. Applied physical geography is used for solving human-induced environmental problems. It has solutions for many daunting riddles, posed by an ecologically imbalanced world. It also can be used for new techniques like Remote Sensing to monitor the resources of the earth and atmosphere. Cartography combined with the modern scientific methods, could be a formidable force. These are the fundamentals of physical geography: It is concerned with the atmospheric composition and the layered atmosphere, consisting of troposphere, tropopause, stratosphere, influence by the polar jet stream and the subtropical jet stream, isothermal layer, ozone layer, mesosphere, stratopause and mesopause, and thermosphere. It learns the physical behaviour of the atmosphere and gas laws, temperature, density, pressure, volume, proportional atmosphere, proportional and inversely proportional volumes. It studies mass, gravity, force of acceleration, terminal velocity, ultra violet radiation, atmospheric effects on incoming radiation, absorption, patterns of solar radiation absorption, greenhouse effect and photosynthesis, short and long wave radiations, global heat balance, meridional transport, sensible, latent and surface heat flux, ocean currents, the concept of temperature, daily and annual cycles of temperature, global surface temperature distribution, forces acting to cre ate wind, local and regional wind systems, global scale circulation of the atmosphere, upper air winds and the jet streams, air masses and frontal transitional zones, the mid-latitude cyclone, thunderstorms and
Tuesday, October 15, 2019
Revised paper Essay Example | Topics and Well Written Essays - 750 words
Revised paper - Essay Example The challenge is that the pay for some may not be as expected especially in areas where there are many people practicing accounting. It is notable that many people who major in accounting possess love for the profession due to the prospective nature of work and the lucrative payout. I have selected the option of accounting because I bear the love of calculations especially with relation to business since my tender age. My family has business and I found interest in how their finances were, and how I could use the financial data to forecast the future of the business in terms of financial returns. Additionally, I find interest in the dynamics in the economy and businesses with a larger perspective. Thirdly, the remuneration offered on securing a good job with an accounting firm can allow me to live, as I prefer while also enhancing my expertise and doing what I find interesting. I am hopeful that I can develop the necessary expertise in several areas of accounting such as financial accounting, management accounting, tax accounting or auditing. I acknowledge that I require the input of a professional in the accounting field to offer me some orientation. I resolved to set up an interview with a recognized accountant whose name is John Thorn. The interviews aims at providing me with the relevant information about the qualifications, the job requirements and the expectations placed on an individual in the accounting field. Mr. Thorn comes from a long line of accountants in his family. It was not because there were other accountants that he decided to be an accountant. He loved the idea of doing accounting regardless if it was related to taxes, auditing, and finances or for management decision-making. He first did his bachelor of science in accounting at the University of Boston where he qualifies well. He was able to get a job at the L.I in his native Boston where he did minor accounting jobs such as preparing weekly reports on sales. He did not stay long
Monday, October 14, 2019
Motivation for Advanced Level Esl Learning Essay Example for Free
Motivation for Advanced Level Esl Learning Essay In recent years, TESOL has called for the study of the social and cognitive factors that affect adult English learnersââ¬â¢ participation in formal language learning. Numerous research projects have investigated the motivational influences and factors of adult immigrant English. In particular, factors and motivations which led them to take an advanced ESL courses after already having adequate fluency in English to conduct their work and daily lives. Using both qualitative and quantitative approaches, these studies have frequently uncovered that the ESL students opted to pursue advanced language training to, primarily, join the dominant language culture and community. Practical reasons, although very important to the learners, seem to be outweighed by the psychological drive to integrate into the culture. Social identity often proves to be the major factor in this process as student motivation often fostered by a self perceived difference between their current and desired identities as assimilated speakers of their new language. Fundamentally they saw language education as an essential transitional requisite for attainment of this preferred identity. Introduction The study of TESOL, which can trace its roots applied linguistics, occasionally failed to think about many non-linguistic aspects and situations of use which can influence learning. A large part of this knowledge, though, collected through education and psychology investigations could be applied to the groups of people and areas of interest being considered in TESOL. In places such as California second-language English users make up 63% of the target adult learners and almost a third in the country overall (Lasater and Elliott, 2004). The literature studied below begins by recapping major endeavors of psychology and education investigation so as to establish a baseline of studentââ¬â¢s imperatives to learn. The study later focuses on motivation studies in linguistics related to ESL attainment and advancement. Part 2 Andragogy and Self-Motivation Andragogyà Review of the Literature Adult Learning from a Social Cognitive Perspective The foundation of adult learning theory was established in Lindeman (1926) who identified important distinctions between adult and child learning. These ideas were later developed by Knowles (1990) and constitute the hypothetical learning model dubbed andragogy. Andragogy, a mode of education starkly contrary pedagogy, which is characterized by children being instructed by adults in a directed and authoritarian environment. Knowles posited that because of significant psychological and physiological differences between youth and adult learners, the modes of educational motivation must be equally disparate. Knowlesââ¬â¢s teachings are very well regarded in the education worldwide. Psychological metamorphosis in adult life, human factors brought to the learning situation, adult outside world demands, and life duties distinct from childrenââ¬â¢s, particularly a greater breadth of life encounters, varied incentives, and educational requirements all act in concert to create a distinctly different mode of motivation for adult learners. In particular, adult learning, per Knowles (1990), is predicated upon six vital components: 1. Justification for learning, that is, the rationale for desiring the education, before pursuing it. 2. Transformation of the adult concept of the self into that of an independent, self-directed human being. 3. Life experience that influences the adult body of accumulated knowledge, desires as well as being a component factor of self awareness. 4. Developmental willingness and practical feasibility relating to the synchronized pacing of learning experiences to their appropriate phases of emotional maturation. . Problem-centered approach of learning which can immediately be applied to real-life situations. 6. Self-motivation to learn by self-generated factors, as opposed to externally imposed requirements Kolb (1984) offered an expanded depiction of the process as a self-perpetuating process where actual events necessitate a review, analysis leading to later research and proper scientific revi ew. The learnerââ¬â¢s assimilation into a different culture and society facilitates creation of educational desires with eventual engagement in a formalized educational environment as a key to attaining the desires. Learning occurs in myriad encounters/interactions with the studentââ¬â¢s world in psychological process. In a social context, the actual knowledge gained is not so much seen as an acquisition but more as one of externalization. A way to get out of oneââ¬â¢s self and into their new environment. Cognition of facts occurs which is a pro-active, relevant, and meaningful adult response to confusion created by previous discontinuity. A disjuncture can serve as ââ¬Å"the point at which needs and wants and interests convergeâ⬠. as well as an origin point for jumping into the learning process. By extending this idea to immigrant experiences, it seems as though basic everyday activity changes caused from immersion in a society which communicates in a foreign tongue, and made all the more real by the imperative to become functional in this society, can create disjuncture in their lives and compel them to pursue ESL education so as to not be overwhelmed. While many will pursue language education at once, others may find that language disjunctures happen later in their lives when greater proficiency beyond basic functional skills is required for a variety of reasons. Knowledge deficits plus a developed self-concept grounded within a cultural milieu can generate pressing need ââ¬â a need to learn. Self-Motivation There are many different definitions for Motivation. In an educational context, one of the more comprehensive and useful definitions is from John Kellerââ¬â¢s 1983 publication called Motivational Design of Instruction: ââ¬Å"the choices people make as to what experiences or goals they will approach or avoid, and the degree of effort they will exert in that respectâ⬠(Keller, 1983). Motivation is mercurial in nature. Keller identified a perception of applicability of the learning presented as fundamental for maintaining long-term motivation. Relevance exceeds the subjectââ¬â¢s education requirements to encompass perceptions of satisfaction desired through the process in fulfilling psychological imperative senses of achievement, belonging, power and freedom. Encountering disappointment during a learning situation can dissipate motivation and possible cause learned helplessness (Bandura, 1982; deCharms, 1984; Weiner, 1984) or dismotivation going beyond mere discouragement. Educational psychology accepts that motivation also varies because of varied contexts in which learning occurs. Studies have brought to light additional connections between the act of learning a language and the evolving perspective of learners in the L2 environment. Peirce (1995) introduced the idea that acquisition of proficiency in a dominant language allowed learnersr to ââ¬Å"acquire a wider range of symbolic and material resources [and] increase the value of [the learnersââ¬â¢] cultural capitalâ⬠. Sfard Prusak (2005) insinuated that the learning itself is closing the gap between learnersââ¬â¢ actual and projected identities. Qualitative studies offer a model of language learning motivation which is dynamic, longitudinal process whereby learnersââ¬â¢ cognitions and beliefs (Ushioda, 2001), and relevance of the curriculum to their interests (Syed, 2001) directly affect involvement in learning. Part 3 Language Learners vs Second Language Learners Linguists only recently have begun distinguishing foreign language students from second language students when studying their drive to pursue language education and have proposed ââ¬Å"the dynamics involved in learning these two different types of language may be quite differentâ⬠(Gardner, 2001). To date, the great majority of these studies are in foreign language (FL) classes. Gardenerââ¬â¢s quote was actually taken from a volume containing 20 separate motivation studies, none of which contained ESL students. ESL students, for whom English was a gateway ability for study in different subjects or earning a university degree, were more compelled by exterior forces to learn than heritage and non-heritage EFL learners. A motivation survey of 580 adult immigrants at a local college based ESL program in Toronto rated the following motives highest: linguistic needs, basic skills, cultural awareness, social interaction, and resume writing (Paper, 1990). It found no significant difference in motives based age, duration of residence or level of education. The influence of integrative orientation in the data compelled the author to recommend including Canadian culture in the curriculum. Conscious intention of immigrating to the U. S. was another motivating factor for language learning in a separate exploration conducted on adult learners (Brilliant, Lvovich, and Markson, 1995). Studentââ¬â¢s beliefs seem to fill a vital role in adult learning accomplishments, consistent with educational psychology, thus making them ideal subjects for motivation research. A particular study, Bernat (2003), examined the views of 20 unemployed Vietnamese learners in a vocational ESL course in Sydney, Australia. Their scores were high on two motivations: 85% of respondents expressed the integrative desire to develop their interpersonal relations with the Australians better and make friends among them, and all agreed that speaking English well would enhance their prospects for employment. Part 4 The Attitude Motivation Test Battery (AMTB)à This is a large battery of tests which measures a number of different aspects of language learning. The instrument was originally used to measure attitudes of students studying English and French in Canada. Scales included attitudes toward French Canadians, interest in foreign languages, attitudes toward European French people, attitudes toward learning French, integrative orientation, instrumental orientation, anxiety, parental encouragement, motivational intensity, and desire to learn French. The scale instrument has been modified more recently. The Attitude/Motivation Test Battery (AMTB) is designed to measure different components of the socio-educational model of SLA. There are eleven sub-tests, nine with ten items each, and two with four items. The five main variables assessed in the AMTB are attitudes toward the learning situation, integrativeness, motivation, instrumentality and language anxiety.
Sunday, October 13, 2019
Bilingual Education :: Politics
The issue of bilingual education is a much debated topic in this country and especially in this state. The Spanish-speaking populace has grown tremendously in these past decades, much of which has immigrated with Spanish as their only language. This has left the public school system with an interesting problem; how to successfully transition Spanish speaking students into an English environment. Public school systems have generally adopted one of two approaches to this problem. One is to allow students several years to develop their English with lessons taught in both languages. The other is a total immersion program where students are thrust into English-only lessons with little time develop their second language. Both approaches have ardent followers with valid arguments for each approach. In immersion programs children are allowed at most one year of English study before being placed in main-stream English-only classes. Proponents of this sink-or-swim approach often site the success of their forbearers who learned English without schools trying to accommodate them with native-language classes. Immersion proponents also cite the fact that the bilingual approach creates a cultural segregation of students. The English language is a tool of national unity, they point out. Supporters of immersion also question the success of students in bilingual education programs. They argue that students never really learn English and instead fall into using the native language all through school. They also site studies that show test scores higher in schools with immersion programs than in school that favor a bilingual approach. The approach of bilingual education is to allow students to study and learn in their native language while they master their understanding of the English language over three to six years. The argument is that it makes sense that a teacher would want to teach a child in a language they understand until they have fully mastered their second language. Supporters also have their studies to quote. In 1998-1999, for the third year in a row, students learning in a bilingual education program scored higher in English reading and comprehension than students enrolled in immersion programs according to the Arizona Department of Education. Opponents to English immersion cite the massive increase of high school dropouts since California passed statewide initiative for all public schools to adopt immersion only programs. Bilingual supporters also note that most students are mainstreamed after just three years of bilingual education while immersion students are often held in immersion program s two to three years longer than the one year term.
Saturday, October 12, 2019
Stepping into the Fourth Dimension :: Mathematics Dimensions Geometry Essays
Stepping into the Fourth Dimension à à à à à Imagine going to a magic show, where the worldââ¬â¢s top ranked magicians gather to dazzle their wide-eyed crowd. Some would walk through jet turbines, others would decapitate their assistants only to fuse them back together, and others would transform pearls into tigers. However, with each of these seemingly impossible stunts, there is always a catch. A curtain will fall momentarily; a door will shut; the lights will go out; a large cloud of smoke will fill the room, or a screen will hide what is truly going on. Then, a very different magician comes on, and performs stunts like entering a closed box without opening any doors, and placing a mouse in a sealed bottle without removing the cork. These do not seem very extravagant compared to the amazing feats other magicians pull off, but what leaves the crowd completely baffled is the fact that he does these tricks without placing a handkerchief over his hand, or doing it so fast the crowd misses what is going on. To perform the mouse-in-the-bottle trick, he shows the mouse in his hand, slowly twists it in a strange manner, and right before your eyes, his hand completely disappears! A few instants later his hand reappears inside the bottle, holding the mouse. There seem to be two parts of his arm; one in the bottle, and one out. His arm looks severed, yet he has complete control of his fingers inside the bottle. The hand lets go of the mouse, and again vanishes from inside the bottle, and reconstitutes itself on the magicians arm. He pulled it off candidly, without the smoke and mirrors. Everything that was seen actually happened. This magician, breaking the tradition of fooling the audience with illusions, used cutting edge knowledge of higher-dimensional science to perform this marvel. He sent his arm outside of 3-D space, twisted it in the fourth dimension, and placed it back into the bottle. The fourth dimension is not time, but an extra direction, just like left, right, up, down, forward, and backwards. This magician has used the fourth dimension for entertainment purposes. However, the fourth dimension has other, more practical uses and applications in the realm of mathematics, geometry, as well as astrophysics, and holds the explanation to such natural phenomena as gravity and electromagnetism. à à à à à To this day, many scientists and other people accept time as being the fourth dimension. This notion is completely absurd. Time does play an important role in the description of an object, but it is incorrect to perceive it as a dimension.
Friday, October 11, 2019
Mercury Athletic Case Essay
West Coast Fashions. Inc. ( WCF ) . a big interior decorator and seller of menââ¬â¢s and womenââ¬â¢s branded dress late announced programs for a strategic reorganisation. Active Gear. Inc. ( AG ) . a in private held footwear company. was contemplating an acquisition chance. John Liedtke. the caput of concern development for AG. was interested in a WCF subordinate. The subordinate that Liedtke and AG intended to get was Mercury Athletic ( MA ) . a footwear company. Liedtke thought geting Mercury would approximately duplicate AGââ¬â¢s gross. increase its purchase with contract makers and spread out its presence with cardinal retail merchants and distributers. In order to supply a solid recommendation to Liedtke. farther analysis must be performed. Market Overview The dress or footwear industry is extremely competitory with low growing. The market is influenced by manner tendencies. monetary value. quality and manner. Companies can cut down hazard factors by non following manner tendencies which equates to efficient and effectual stock list direction and lost net income chances. Active Gear AG is a comparatively little athletic and insouciant footwear company. It has one-year grosss of $ 470. 3M ( 42 % of grosss came from athletic places ) . and $ 60. 4M of runing income. Projecting a shadow over these Numberss are AGââ¬â¢s typical rivals. AGââ¬â¢s typical rival has one-year gross revenues over $ 1. 0B. Because of Chinese fabrication contract consolidations. AGââ¬â¢s size was going a disadvantage due to low purchasing power vs. rivals. AGââ¬â¢s initial focal point was to bring forth and market high-quality forte places for golf and tennis participants. AG was among the first companies to offer stylish. walking. hike and boating footwear. Over the old ages. the firmââ¬â¢s athletic places had evolved from high-performance footwear to athletic manner wear with a authoritative image. The firmââ¬â¢s traditional casual places besides offered authoritative styling. but were aimed at a broader. more mainstream market. AGââ¬â¢s mark demographic was urban and suburbanites. runing from 25-45 in age. AGââ¬â¢s distribution channels consisted of independent retail merchants. departmental shops. and jobbers. AG excluded large box retail merchants and price reduction shops. AG focused on merchandises that didnââ¬â¢t follow manner tendencies. ensuing in a elongated merchandise lifecycle. This concern theoretical account led to more efficient and effectual supply concatenation and operating direction. However. because they opted for the safe path it halted the companyââ¬â¢s gross revenues and growing chance. Mercury Athletic Mercury Athletic was purchased by WCF from its laminitis Daniel Fiore. Fiore was forced to sell the company after running it for over 35 old ages. due to wellness jobs. Due to a strategic reorganisation. the program called for the divestiture of MA and other ââ¬Å"non-coreâ⬠WCF assets. MA had grosss of $ 431. 1M and an EBITDA of $ 51. 8M Merchandises were distributed to departmental and price reduction shopsIt had two merchandise lines- athletic and insouciant footwearTarget market of both work forces and adult femalesShoes popularity grew in the utmost athleticss marketMA developed an operating substructure. leting direction to rapidly accommodate to alterations in client gustatory sensations with merchandise specifications. 1. Is Mercury an appropriate mark for AG? Why or why non? Let me walk you through some qualitative considerations before doing my recommendation. Strategic considerations: AG and MA are both viing in the athletic and insouciant footwear industry. Acquiring MA could take to economic systems of graduated table and range through fabrication and distribution webs. severally. Geting MA- AG would be less affected by the Chinese fabrication contract consolidation. due to increased purchasing powers. AG could potentially revive and net income from geting Mercuryââ¬â¢s womenââ¬â¢s merchandise line. Geting MA will duplicate AGââ¬â¢s one-year gross. Counter arguments- AG and MA mark demographics could non bring forth company synergisms MA is manner trendy. hence prone to put on the line outside of AGââ¬â¢s steady concern theoretical account Company civilizations could non fit 2. Review the projections by Liedtke. Are they allow? How would you urge modifying them? In order to happen if the projections are sensible. you need a starting point. Using jutting growing rates and EBIT should bespeak if Liedtkeââ¬â¢s information is solid. Referencing the Free Cash Flow and Terminal Value tabular arraies ( found below ) . I will be able to bring forth an sentiment of Liedtkeââ¬â¢s projections. Year to twelvemonth growing rates are highly volatile. normalising in 2010. The negative rate could mean that in 2007 they are projecting to stop a merchandise line. The swing back to a positive growing rate could be indicant of AG leveraging its economic systems of graduated table and range. while administering their merchandise lines through large box retail merchants. EBIT has been projected to bit by bit increase. which looks to be on par with industry norms. It is sensible to state that Liedtkeââ¬â¢s projections decently reflect AGââ¬â¢s concern theoretical account. post-acquisition. 3. See tabular arraies and computations below 4. Make you see the value you obtained as conservative or aggressive? Why? From my analysis. the value I obtained seemed to be aggressive against the information provided. Referencing the tabular arraies below: Terminal or Enterprise Value is High Synergies are excluded from fiscal analysisWorsening gross growing 5. How would you analyse possible synergisms or other beginnings of value non reflected in Liedtkeââ¬â¢s base premise? In order to analyse possible synergisms. I would look at both companiesââ¬â¢ operations. Get downing from where they beginning their stuffs to administering their concluding merchandise are all possibilities of operational synergisms ( purchasing power. distribution channels. stock list direction. etcâ⬠¦ ) . Fiscal synergisms would include uniting grosss and cost benefits. which translate to increasing bottom line. Company civilization matching could besides go debatable. Quantitative AnalysisNet Working Capital Free Cash Flow WACC Terminal Value Evaluation NPV. IRR and Payback Period Decision Net present value of future hard currency flows equates to a positive $ 0. 2M. Internal rate of return or IRR is the involvement rate at which the net present value of all the hard currency flows from a undertaking or investing equal nothing. The IRR of this acquisition is 28 % . Having a positive NPV and an IRR that well outweighs the price reduction and hazard free rate- suggests that this acquisition should be pursued. In decision. AG should get MA.
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