Unit 3 DB Acct310 Essay Example | Topics and Well Written Essays - 250 words

Unit 3 DB Acct310 - Essay Example rder costing system is mainly used in service industries including hospitals, movie studios, law firms and even repair shops as well as in cases where individual non-homogeneous goods are produced by an organization. When it comes to this type of system, record keeping and cost problems can be very complex to handle especially where different products and services are available, compared to when dealing with single products and services. Since the products available are different, the cost will relatively be different hence a cost record for each product. Therefore, job order costing needs a lot of effort and concentration as compared to process costing system. Process costing involves tracing and accumulation of direct costs, and the allocation of indirect costs of manufacturing processes (Hansen & Mowen, 2006). Process costing is much applicable when the products in question are naturally homogeneous. Costs are in this case assigned to products which are produced en mass as noted by Hansen and Mowen (2006). This method is mostly suitable for industries such as chemical manufacturing companies since the process flow is continuous. In this system a production report is prepared to summarize the totals and cost of units. In the case of a company that deals with chemicals, cement, electrical parts, textiles and pharmaceuticals products, process costing method is advisable. This is because their production process is continuous and order costing method may not be appropriate for this kind of companies. Job order costing is applicable in companies that manufacture many different products for example clothing factory and service industries (Hansen & Mowen, 2006). Each product has its own price hence this system is appropriate to use and follow. Records of each and every order and its cost are stored separately for easy understanding and follow up. Records in a process order costing system are much easier to follow and less complicated as compared to job order

Physics Online Course Essay Example for Free

Physics Online Course Essay 1-How can you demonstrate that water is denser than ice without weighing them? What is the principle involved? Release an ice cube in water; the ice cube will float. The ice cube will displace some water as it â€Å"pushes† the water away. The principle involved is displacement. 2-The density of water is a maximum at 4 °C. Why is this property of water important for aquatic life? The maximum density being attained at   4 °C means that even if the water gets colder, the density will decrease. Therefore, ice (when it forms) floats instead of sinks. This makes the continuity of aquatic life during winter possible. 3-When two different materials are given the same amount of heat will their temperatures increase by the same amount? Explain with reasons? No. It depends on the ability of the materials to conduct heat. 4-It is generally observed that it is more difficult to cook food at high altitudes. Explain the possible reason for this? In higher altitudes, there is lower pressure. This means that water will not boil at 100 °C, but at a lower temperature, making your water not as hot as on sea-level, making cooking time longer. 5-What are the variable factors that affect the pitch (frequency) of a vibrating string? How are these factors controlled in a stringed musical instrument such as a violin? The speed and wavelength of the waves formed by striking an object. A musician controls the frequency through the strings tension and density, by pressing some of the strings. 6-If you want to see yourself fully in a plane mirror, the mirror needs to be only half your height. Draw a ray diagram showing how this is possible. Explain the diagram and principles you used. The image in the mirror looks as if the figure is far away, when in fact, it is right in front of the mirror. This is because the light received by the eye traveled in a straight line as if it came from behind the mirror. The mirror is also laterally inverted, meaning the figures right will appear as the mirror images left. References Leigh, J.R. (1988). Temperature measurement and control. USA: Institute of Engineering and   Ã‚   Technology. Sumich, J.L. and Morrissey J.F. (2004). Introduction to the biology of marine life. Massachusetts: Jones   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   and Bartlett Publishers. Pople, S. (1987). Explaining physics. United Kingdom: Oxford University Press. Dolan, G., Duffy, P. and Percival, A. (1996). Physics. United Kingdom: Heinemann.

Martin Luther King Jr. :: essays research papers fc

The Most Influential Person of the 21st century   Ã‚  Ã‚  Ã‚  Ã‚  The Civil Rights Movement is one of the most important events of the history of the United States. Although many people contributed to this movement, Martin Luther King, Jr., is widely regarded as the leader of the movement for racial equality. Growing up in the Deep South, King saw the injustices of segregation first hand. King’s studies of Mahatma Ghandi teachings influenced his views on effective ways of protesting and achieving equality. Martin Luther King’s view on nonviolence and equality and his enormous effect on the citizens of America makes him the most influential person of the twentieth century.   Ã‚  Ã‚  Ã‚  Ã‚  King can be considered influential in his preaching of nonviolent protest during the civil rights movement. King quickly realized that there were two alternatives in the struggle against “the forces of injustice'; (Ansbro, 233): violence or nonviolence. He decided against violence for obvious reasons. During this time in America, the African American community represented only ten percent of the total population. King felt that this made it impossible for African Americans who lack access to weapons to successfully wage a violent revolution against the white majority. Any attacks by the civil rights workers or their followers would surely result in counter attacks by the segregationists, resulting in the injury and deaths of many of King’s followers. With these points in mind, King came to the conclusion that the best strategy in gaining the rights of African American was the use of non-violent protest. He believed that violence only “intensifies evil,'; (Ansbro, 231) instead of promoting love and violence among all races. King’s purpose in promoting nonviolence direct action was to create a situation so crisis packed that it will inevitably open the door to negotiations. He felt that practicing nonviolence would portray his followers as moral beings while making apparent the brutality of the segregationists. King’s preaching of nonviolence was monumental in succeeding in demonstrations such as the Montgomery bus boycott and the desegregation of public schools. King’s reaching of nonviolent direct action furthers the arguments that King is the most influential person of the twentieth century.   Ã‚  Ã‚  Ã‚  Ã‚  Not only did King feel it was necessary to preach nonviolence in order to achieve equality among all Americans, he also felt it was important for his message to appeal to all people regardless of race. Despite of the injustice being inflicted upon them by the segregationists, King felt it was important for African Americans to love and respect people of all races.

Marketing Research and Promotional messages Essay

Marketing messages are a key component to attracting attention and lead the targeted consumer through the sales cycle and to purchase (Consumer Behavior and Targeting Audience). When a company is looking to create a marketing communication message it is important to understand the type of consumer they are marketing towards. The company needs to look at the type of consumer they are targeting then analyze their needs, perceptions and attitudes. These three things will help a company develop an effective marketing communication message to target their consumer. Consumer Women are the number one consumers in the United States, influencing over 80 percent of the goods and services purchased (Murray Skoloda , 2009).They are big spenders whether it is household, corporate or small business. In the last decade women have become more educated, are working harder and making more money than years past. If a women is earning at least half of the household income then she has a large say involving household purchases. Women are juggling more at work and home, marketing has become more media based. There are more women using multi-media than ever like Facebook, Twitter, and Instagram. Consumer Needs When looking at consumers purchasing trends, wants and needs drive the marketing decisions. Looking at a women’s aspirations can help understand the wants and needs behind a purchase. Examples of wants and needs: Make a better home Help and want kids to be successful Have time to do what you want Travel more Look more attractive Be healthy Be healthier and have a nice body Look younger Women need to take care of themselves, their families and their household duties. When targeting women with marketing strategies the focus should be on getting ahead, having fun, looking fabulous and taking care of household duties. You have to market around the consumers needs, for example, Pantene shampoo commercials focus on how shinny, soft and healthy the hair will look after using the product. Victoria Secret focuses on the look and feel of their products. All of these marketing and promotional strategies focus of what the consumer wants and needs. Perceptions Consumer perception is the understanding behind the motivations that drive buying behaviors. Understanding consumer motivations help companies create marketing strategies. Women are motivated by emotion, intuition and experience (Blank, 2014). Finding what makes them happy, what they are proud of, and what they cherish and enjoy will help create a marketing strategy that will help promote and sell the product. For example, women that have small children will always look at products that are safe, and sometimes even look at safety ratings before purchasing. This means the marketing strategy should be built around safety. Another example, women are always looking to feel and look younger so it would be smart for the cosmetic industry to focus on anti-aging and blemishing products. Usually when women have a great experience or find a product that they like, they will stay loyal, and tell their friends. Over all you need to market the product toward the targeted consumer and their needs. Attitudes Attitude plays an important role in marketing strategies, it is the attitude towards a product, group or brand that drives the consumers decision to purchase the product. Consumers have pre formed attitude towards some of the product and brands and once formed it is hard to change those attitudes (Masterman & Wood, 2006). Women are very open to trying new products and brands but once they have a bad experience or customer service experience, that will change their attitudes towards the product and it will be hard to rebuild the trust. It is important to thinking about the marketing  strategies when looking to change attitudes and bias options on products. Looking at marketing communication it is important to consider the consumer you are targeting and their needs. Learning about the consumer and their needs helps build a strong marketing strategy that can drive the purchase of the product. Understanding the consumer and how they perceive information helps with the sale of the product. Looking at the consumers attitudes will help build strong relationships and help brand the product. Reference: Masterman, G., & Wood, E. H. (2006). Innovative Marketing Communications: Strategies for the Events Industry . Burlington, MA: Elsevier Butterworth-Heinemann. Blank, C. (2014). Consumer Perception Theory. Retrieved from http://smallbusiness.chron.com/consumer-perception-theory-40176.html Murray Skoloda , K. (2009). TOO BUSY TO SHOP Marketing to â€Å"Multi-Minding† Women . Westport, CT: Greenwood Publishing Group, Inc. (CONSUMER BEHAVIOUR AND TARGET AUDIENCE DECISIONS). Retrieved from http://highered.mcgraw-hill.com/

Pacific Hospital Essay

MAJOR FACTS: With the death of Thurston Howell it left Barney Rubble in charge of the purchasing of supplies for Pacific Hospital and their subsidiaries. With this being an important responsibility, Mr. Rubble needs to make sure that he is making the right decisions regarding the suppliers of X-ray film. His main responsibility is to make sure that he is getting the best price for quality X-Ray film. Another major fact is that Kodak has been the sole supplier for Pacific Healthcare for a long time and this was due to Mr. Howell and the agreement in place. As the Director of Radiology it was with in his power to make this decision. The last major fact is that Kodak as part of their pricing deal agreed to maintain equipment and services at the discounted rate. They would not offer the same package if they were not the sole suppliers. MAJOR PROBLEMS: Mr. Howell being the sole authority in charge of making buying decisions is a major flaw. Yes he is the Director of the department, but that does not mean that he is the most knowledgeable regarding the best prices for X-ray film. In addition he should not have had the right to refuse the possibility of other suppliers. Reviewing the additional bids provided it appears that Kodak was the highest and cost the hospital additional dollars. As noted in the major facts that Kodak was willing to do the equipment maintenance and there was also the possibility that the other companies may have considered that also, but was never given the option. Kodak films are considerably more expensive than their competitors and this in turn can cost the hospital major dollars fi it is not rectified. POSSIBLE SOLUTIONS: a. With the death of Mr. Howell it left Mr. Rubble in charge to freely explore other options regarding the purchase of X-ray film. Reviewing the current contract he can determine whether or not the current contract is the most beneficial. Is what Kodak offering worth the price that they are presently paying? Mr. Rubble could attempt to negotiate a lower price  since there is already a relationship in place and this could be an advantage. The downside is the price that Kodak would be currently offering would be more expensive than the competition. b. Other options that can be explored is that Mr. Rubble can go with either Kodak or Agfa. They are offering cheaper prices per sheet and this can be an advantage and he cannot go wrong as long as they stay consistent with their pricing. The only way that this would be a disadvantage is if Mr. Rubble cannot get the same deal with either DuPont or Agfa that Mr. Howell had secured with Kodak. Kodak was more expensive, but when you add in the other options that Kodak was willing to offer it leveled out the expenses and this could be an advantage. c. As an alternative option Mr. Rubble could open up the contract for bid. In the bidding statement he could include all the services that are presently being offered by Kodak. This includes maintenance, equipment and service at the most affordable price. The lowest bid with all the stipulations will get the contract. d. Advantages speak for themselves. The winner of the contract secures a contract for the length of time specified. The disadvantage could be the length of time that it takes for the bidding process to be completed. In addition it would not have the input of Mr. Howell who has been in charge for some time and has had a reputation. CHOICE AND RATIONALE: The ideal situation would be option A. As Mr. Rubble I would stay with Kodak because there are the industry standard and provide a great deal. Kodak also needs to be made aware that there are other suppliers that could possibly offer the same. It should also be pointed out that the price per sheet is also cheaper. Kodak has a long time relationship with Pacific Healthcare and if they wish to maintain the relationship it may benefit Kodak to lower their prices to remain competitive. Kodak should be willing to negotiate lower prices to compete in today’s business and make them competitive. Putting the contract up for competition will add time and energy to the process. If Mr. Rubble remains with Kodak it can save the additional time and energy. It also needs to remind Kodak that there may be other companies that may be willing to offer the same. If the open bidding is implemented who knows how long the process will take and how long the X-ray department will be without services. Sometimes if situations  are working and beneficial it is best to leave them alone. IMPLEMENTATION: First line of business would be to examine all the companies and compare all their prices to other companies that offer X-ray film. In addition research the other companies and present them with the same option that is presently being offered by Kodak relating to the maintenance, equipment and service option. In negotiating with Kodak, I would mention to them that the other companies are offering similar offers at a lesser price. This may or may not change the current contract that is presently being offered by Kodak. This could force Kodak to change their present contract if they wish to maintain the same relationship with Pacific Healthcare. APPENDIX: What alternatives should Barney Rubble consider when addressing the problem? Mr. Rubble can simply continue with the present contract that has been on going with Kodak that was implemented by Mr. Howell and continue the same service at the price agreed upon. He could opt to renegotiate a whole new contract with other companies or one with Kodak that will lower the services that are now being offered. The last choice would be an open offer and the lowest price bid would win with the best package offer. Should Pacific’s purchasing policy allow for medical staff personnel to control purchasing decisions? The answer to this question is definitely NO. Pacific should by no means allow medical personnel to control purchasing decisions. That is the responsibility of supply chain management and purchasing agents. There are situations where medical staff personnel have the specialized technical expertise on a particular item that is purchased. If this is the case then their input can be valuable and should be considered and supported. Both the purchasing agent and medical staff should work together to get the best possible outcome. What are the advantages and disadvantages of staying with Kodak or changing suppliers? The advantages of remaining with Kodak are the fact that they are already in familiar territory. They know what to expect from Kodak and  there would be no surprises. It also seems that Kodak has been giving Pacific a huge discount for the equipment used along with maintenance and service. This offer is part of the agreement that Kodak is the sole supplier for Pacific Healthcare X-ray suppliers. An advantage is that the amount time and energy it would save Pacific Healthcare to go through the process all again and come up with nothing. A disadvantage is that they would continue to pay the higher prices instead of opting to explore their options. If the right negotiator is put in charge they may be in a position to get a better deal from another company. This being said will allow Pacific to get from under the thumb of Kodak and save them some money in the bargain. This will not be realized unless steps are taken to see what other deals can be brought into the mix. What actions could Mr. Rubble have taken prior to Mr. Howell’s death to obtain reduced film prices? Mr. Howell was the Director of radiology and in most cases his decisions were final. After exploring other options and found companies that may be willing to give similar deals, Mr. Rubble could have approached Mr. Howell with his findings. Going directly to Kodak while Mr. Howell was alive could have backed fired. Following the chain of command would have been the best option. If Mr. Howell refused to entertain any of Mr. Rubble’s ideas then Mr. Rubble could have gone to the next person in authority to express his concerns. In such a situation Mr. Howell should not have been the final decision maker. References: Pacific Healthcare Case Study. Retrieved from https://edge.apus.edu/access/content/attachment/215506/assignment/10e59ddi-8f03-44a3-aa6d-61478fa8eef7/case%20study%201%pacific%20health%20care.pdf

Free Essays on Writing

My writing experience has been wonderful. I now know the proper techniques of a well-written paper. In the beginning I knew that there were some errors that needed to be corrected in my writing, luckily I have been taught the proper way. There are still a couple of errors that are still in the process of being corrected. So in the end my papers will show less comma splices, fragments, and better intro sentences. In high school one would think that the proper way of writing a paper was how we were taught. But when you go to college it is a whole new form of writing. Your entire paper has to be changed. And in the beginning that was hard for me. Going from high school writing to college writing is an entire new way of writing. In the beginning of the semester our first essay was an example essay. My essay was called The Hardships of the Freshman Experience. Personally I thought my paper was great and that I had errors, but not as many as I saw on my paper. There were so many red lines on my paper that I thought were wrong. But in the end I saw that my errors were really errors. Now if they wouldn’t have been marked I would have continued to write my papers in the same matter. In the first paper I saw my main problems were in using the word â€Å"you† entirely too much. And In papers like that one cannot use the word â€Å" you† so that was one of my main problems. Also another one of my problems was fragments. It seems as though no matter how hard I tried I would always end up with a bad sentence. I now know the proper way to begin and end a sentence. Fragments played a major role in making my essays a not so good essay. In the beginning I would have sworn that the paper I was writing was an A plus paper. But this class has taught me the difference. I know that one would have certain expectations of the writing form. But there are so many different ways in writing a paper. One may try to go by one form of writing and there is always a... Free Essays on Writing Free Essays on Writing My writing experience has been wonderful. I now know the proper techniques of a well-written paper. In the beginning I knew that there were some errors that needed to be corrected in my writing, luckily I have been taught the proper way. There are still a couple of errors that are still in the process of being corrected. So in the end my papers will show less comma splices, fragments, and better intro sentences. In high school one would think that the proper way of writing a paper was how we were taught. But when you go to college it is a whole new form of writing. Your entire paper has to be changed. And in the beginning that was hard for me. Going from high school writing to college writing is an entire new way of writing. In the beginning of the semester our first essay was an example essay. My essay was called The Hardships of the Freshman Experience. Personally I thought my paper was great and that I had errors, but not as many as I saw on my paper. There were so many red lines on my paper that I thought were wrong. But in the end I saw that my errors were really errors. Now if they wouldn’t have been marked I would have continued to write my papers in the same matter. In the first paper I saw my main problems were in using the word â€Å"you† entirely too much. And In papers like that one cannot use the word â€Å" you† so that was one of my main problems. Also another one of my problems was fragments. It seems as though no matter how hard I tried I would always end up with a bad sentence. I now know the proper way to begin and end a sentence. Fragments played a major role in making my essays a not so good essay. In the beginning I would have sworn that the paper I was writing was an A plus paper. But this class has taught me the difference. I know that one would have certain expectations of the writing form. But there are so many different ways in writing a paper. One may try to go by one form of writing and there is always a...

The Seal Killers essays

The Seal Killers essays This is the realistic fiction story of two people who catch two commercial fishermen killing off seals. In the beginning, a guy named Andy agrees to fly from Montana to California to work for his uncle at a gas station for boats. In exchange, his uncle would teach him all about boats. It was Andys dream to drive out in the sea. He goes out in a boat with his uncle and he teaches him some things. They noticed that seals were dyeing. Andys uncle said it might be some kind of disease. So then his Aunt gets sick so his uncle has to spend time with her and didnt really have time to teach Andy about boats. One day Andy was working at the boat gas stop and a girl his age comes to fill up. She didnt look at him though, she was looking at the dead seals. She said that she really hated that and the commercial fishermen were killing them for lots of reasons. One was they were eating the boat and scaring the fish away. Anyway, then she left and came back in the evening. She filled up and introduced herself. Her name was Molly and she knew a lot about boats. Andy said where he came from and how he wanted to learn about boats. So then they made a deal that she would teach him how to use the boats and in exchange they would try to track the seal killers. So then a huge boat comes to the gas station. It was owned by the Jackson brothers. They were the two meanest commercial fishermen in the town. Molly had a suspicion that they were the ones killing the scenes. Then they take Andys money and he tells his uncle. His uncle said those guys are crazy and that he shouldnt bother them. A few days later, Andy and Molly go where the Jackson brothers hang out and they follow them. They heard them saying something about killing seals tonight. So Andy and Molly go on Andys uncles boat and follow the Jackson brothers. They spotted them and started shooting them. Then Andy and Molly speeded u...

Thanksgiving Party Ideas for Students Sticking Around Campus

Thanksgiving Party Ideas for Students Sticking Around Campus During every single Thanksgiving break there’s that chunk of the student body who for whatever reason can’t make it home to be with their family. They’re scattered throughout the dorms. They’re huddling in the on-campus housing. They’re alone in their apartments. Well, this article is for them. It explains how to set up and execute a monolithic Thanksgiving break costume party. Step 1. Establishing Location The hunt for the perfect location should begin no later than around the beginning of September. That gives you three months to set this thing up. More than enough time to make it completely legit from top to bottom. You can either talk with the school to see if there’s a way you can use an on-campus location (potential funding), or you can take it off-campus. Off-campus is ideal. There’s got to be someone sticking around campus that lives in a big house. All the roommates took off, so there’s nothing but space! The point is you want to find a suitable house with enough breathing room (including yard) for anywhere from 20-150+ people. Step 2. Making it Cool with Neighbors Johnny Law Directly, in person, talk to all the surrounding neighbors and people in the area. Just be honest. You’re putting together a Thanksgiving themed costume party for students staying on campus, or who really have nowhere to go for the holidays. No, this isn’t supposed to be some typical obnoxious party where everyone is getting drunk. Actually there will be turkey, lots of food, and fun. A real quality party and if they want to dress up they’re more than welcome to come! Be completely upfront with law enforcement. Their main concerns are going to be illegal activity (underage drinking) and adhering to noise/fire codes. The writer of this article is envisioning clean and drug-free fun. Ideally you should be as well. You’re advised to invite police to stop by at their leisure. Tell them you’ll set aside a couple plates just for them†¦ Step 3. Spreading the News This shindig should start relatively early in the day, say 2pm, and go through to roughly 8pm. Begin spreading the word about two months out, so the beginning of October. This is probably the best way to do that: Get a simple table, two chairs, and some people together that will dress up and promote the party. Print out legit flyers telling people about the costume party. Tell them why it’s being put together. Make sure people understand there will be food, music, fun and festivities! Remember, one way to cut down the rabble is to require costumes. If you do that, only the people that really want to dress up and have some fun will show. Step 4. Funding The quicker you get a handle on your expected head counts the better because you don’t want to go overboard, but you don’t want make it not worth the time and effort or have people show and not get fed. This party will need some funding regardless. Food: Turkeys, pies, cookies etc. and things that appeal to vegetarians, vegans and people who may be trying to lose weight (fruits, veggies and low-fat choices). Drinks: Alcohol isn’t advised. Instead, shoot for hot and cold drinks that are cheap and easy to love. Water is a fabulous choice. Soda not so much. Hot chocolate is a good choice, but with punches and things of that nature there must be someone either watching/guarding it, or handing it out at a specific time. Keep things safe for everyone. Plating: Biodegradable plates, plastic cups, forks and spoons. And, mountains of napkins. Don’t forget about the things you need to clean up afterwards as well. Decorations: Don’t go overboard but make sure that the house is festive. Get some streamers. Put up some artwork. Don’t go cheap! Head over to the art department and see what kind of neat creations you can make. Weather permitting, setting up something outside in the front yard for all to see would be nice. Music: If it’s live it should be pro-bono. If not, keep it on the lower side to allow for conversation, and keep it on the low-key side. The music should complement the party, not dominate it. Activities: The activities shouldnt be messy or corny. Most people will just want to hang out and mingle with others. If you take it seriously and have a team in place to hand out responsibilities and coordinate things, it will be really fun and the students who come will never forget it! Colleges typically have something going on on-campus for students that stick around, but nothing could be more awesome than a student run and student funded Thanksgiving Day Costume Party. How many Indians and Pilgrims will show? Do you plan to host a college Thanksgiving party? Share your tips and ideas in the comments section below the post!

1.Personally Identifiable Information (PII) Research Paper

1.Personally Identifiable Information (PII) - Research Paper Example The internet is one of the leading sources through which the PII can be obtained. The search engines such as Google and social networks can be used in disclosing vital details about a person. The public and private sector should therefore take a leading role in the protection of this vital data from access by the unauthorized persons. The disclosure of this information can be used to do illegal acts. Various law making agencies and the governments have imposed Laws and Acts with an aim of enhancing protection of the PII. The legal and Federal units have obligation protecting the sensitive information of persons from access by the unauthorized persons. The Privacy Act (1974) was established to ensure that the sensitive information is properly guarded. The Act details what, when or how the sensitive information of people should be disclosed. The State, Federal and Local agencies shall collect the information to facilitate the conducting of the businesses while ensuring the protection of the information from the unauthorized intrusion (Arditi, Herman, & Lambert, 2013). The National Institute of Standards and Technology proposes that the agencies should put measures in place to ensure that the information is properly handled. To enhance protection of the PII, organizations should carry out the following; creation of the procedures and policies for the PII, appropriate training to reduce exposure of the PII, response plan development (to reduce PII breach), Collection and Retention of the PII, and among many more others. The unethical use of the data (data breaches) has increased tremendously since the introduction of the PII. Due to the security breaches, PII continues to be in danger with the introduction of the new technology. PII can not only open the financial accounts, but also make falsified purchases (Chalmers, 2013). The Cyber Criminals and data thieves attach keen interest on the PII

An analysis of corporate governance in the GCC countries and the Literature review

An analysis of corporate governance in the GCC countries and the impact of sharia law on it - Literature review Example As mentioned before that the corporate governance mechanism differs from country to country because of varied reasons like the orientation, time zone etc. This section will help us understanding the functioning of corporate governance mechanism in different countries excluding the GCC countries. The practice of corporate governance policies has a deep influence on the managerial decision making in the UK corporations. It is regarded that the composition, size and duration of the member of the board are important factors that decide a good corporate governance mechanism (Zhang, 2012). The Corporate governance mechanism in UK is deeply influenced by the Cadbury & Green report also known as Cadbury code of best practices and Greenbury report on Director’s remuneration (FRC, 2013). ... It also suggested that the board of directors should constitute of at least three members which are also applicable to Australian companies (EOG, 2013). The chairman, directors and the auditors are selected by the shareholders of the company at the annual general meeting. In France voluntary disclosure of financial statements has been the object of paramount importance (Lakhal, 2005). There are two kinds of financial disclosure; mandatory and voluntary disclosure (Taylor et. al., 2005). In the year 2002 a new set of corporate governance law was introduced in the winter report for the European companies which focused on tightening the corporate governance law. One of the crucial components of the report was to strengthen the role and responsibilities of the auditors. The chairman has to communicate about the internal policies to the internal and external auditors clearly. The legal laws related to French corporate governance are composed of 3 basic laws which include law of new econom ic regulations, law of financial security and law on financial security. However, the ownership structure of companies in France is concentrated even with the increase in the number of shareholders in the privatized companies (Charreaux and Wirtz, n.d.). The ownership structure of the French listed companies has undergone a huge change. However, the presence of increased institutional investors does not mean that their controlling the capital stakes also increases (Braendle, 2011). In the year 2002, 11.3 percent of the French companies had institutional shareholders as the main shareholders of the company compared to a 40 percent and more in USA and UK companies. According to authors Faccio and

Issues, Challenges and Strategies in Successful Implementation of an Essay - 1

Issues, Challenges and Strategies in Successful Implementation of an HRIS Project - Essay Example Employee recruitment, retention, and motivation are the significant factors that determine the productivity and growth of companies. Hence, immediate access to information regarding the potential candidates and current human resource capital is essential for the effective functioning of a firm. Human resource is the most valuable asset of every firm. HRIS is the recent development which has been widely accepted in organizational functions. However, careful analysis and strategic approach are essential to meet the subsequent issues and challenges. The past few decades have witnessed tremendous changes and innovations in the infrastructure and HR management functions of organizations. Scientific approach and technological advancement have intensified business operations more than ever before. Modern organizations pay great attention to employee retention and other HR functions. Modern technological backup has enabled companies to store every valuable data regarding the employees in its specially designed software. This information system is highly integrated with the enterprise planning (ERP) of a company. The complexity of data collection, reporting, and analysis can be resolved by the effective implementation of HRIS. It not only helps the HR decision-making process but also ensures the company’s legal compliance by maintaining and updating every piece of information. In addition to the advantages of HRIS, I tend to discuss certain challenges and issues that are associated with the implementation of an HRIS project. ERP is the broad system that integrates all information and process in an organization such as manufacturing, HR, supply, financials, customer relations etc; whereas, HRIS is exclusively meant for Human Resource information. When a company plans its ERP project, it must include each and every piece of information related to its overall function.

Purchasing Habits Essay Example | Topics and Well Written Essays - 2000 words

Purchasing Habits - Essay Example The next stage determining the consumers buying behaviour is the actual situation of the consumer which either puts him/her in a position to acquire certain products which are dependent on social, economical or technical positions. Factors under this group include the following factors. (Kennedy 2007) Natural- this determines whether the actual nature of the individual has an effect on his/her consumption. For example, a vegetarian would not be interested in the purchase of meat even if all the other factors are in favour of the purchase. (Kennedy 2007) Cultural- the culture of a place either encourages consumption of certain products or bans consumption of certain goods. This has an effect on the buying behaviour of these individuals as it determines what they go for in the market. (Kennedy 2007) Technological- the technological environment also has considerable effects on what individuals buy or do not buy. This is because people may either want to remain with their ancient technology or would want to go for new technology. This will influence what individuals actually go for at particular times and periods. (Kennedy 2007) The next tire in a consumer's buying behaviour results from the consumer himself and includes those characteristics inherent to him/her. These include individual's attitudes, knowledge about the goods, the lifestyle of the particular consumer, personality, perceptions and motivation (Kennedy 2007). Having looked at the environmental and individual characteristics that determine consumer buying behaviour, it is now time to examine the actual buying process which I defined in terms of stages. This stage defines the consumers buying decision process and is a six stage process. These include: Step one-Problem recognition This is the first step in actual determination of a need by the consumer. A consumer will first have to recognize what he/she needs and is missing; this, leads to ones awareness that he/she need to acquire a particular good. The recognition of what really one needs is the starting point of the consumers buying behaviour. From sitehttp://www.udel.edu/alex/chapt6.html Step Two-Information Search This involves the search for information on the goods that the consumer may need. The consumer may acquire this information from several sources which include friends or the product manufacturers. The product manufacturers make this information available through their advertising, or product promotion campaigns. This is readily available if the consumer has the required media. Information is also available through friends or relatives. The information

Statistics for managers individual work wk9 Coursework

Statistics for managers individual work wk9 - Coursework Example The high prices houses are said to be determined by the number of bedrooms, the age of the house, and the number of the bathrooms and their quality. The closeness to the cosmopolitan cities and the shabby (Byers et al 1997). The average selling prices of the houses in USA is also determined by other factor like the prestige associated by the locality of the house. A survey conducted on the Public opinion polls measure not only acceptance of the selling prices of the houses in USA by the citizens, but also public opinion on a wide range of social and economic issues that attribute to the prices of the houses. Public opinion is a critical force in shaping and transforming society most on the matter that influence and affect the public in general. Through opinion research, the public, the media and other interested groups have access to accurate measures of public attitudes and intentions on the issue of the selling prices of the houses. Sociologists can follow shifts of opinion on the major social problems and chart the evolution of the values. And citizens can now make themselves be heard at all times and compare their own view with those of others (Byers et al 1997). There seems to be two groups of academic researchers, in which one continues to support the high selling prices of the houses in USA and its positive impact to the economy, they believe that the main purposes of investment in real estate business is to improve real economic value. It is also agreed that housing leads to improvement in productivity, innovation, and job creation in every field of economy (Kraemer and Dedrick 1996; Agarwal, 1997; Shin 1999; Gray et al, 2000; Lee & Bose 2002; Laudon and Laudon, 2011; and Gecti and Dastan, 2013). The other group criticizes the bad impact of high selling prices of the houses on ecomony and the fact that high selling prices lead to development of low house quality leading to

Multicultural Education Coursework Example | Topics and Well Written Essays - 250 words

Multicultural Education - Coursework Example Creating a multicultural environment requires one to be non-judgmental and open. It is important that teachers act genuinely among diverse students. Classes have students with different experiences from all over the world, some good and some traumatizing. A number of students are refugees of different ethnic backgrounds running from war-torn countries. Some students may be poor and others from extremely wealthy families (Banks & Banks, 2010, p.49). Teachers should, therefore, respect students for who they are and accommodate their thoughts and concerns. Multicultural classrooms have children from different linguistic background. To have a better understanding of their students, teachers need to research the native backgrounds of these students. They should embrace the language differences since it gives them an insight into their customs and behavior. Schools should have multicultural libraries no matter the subjects taught. Having a variety of books from multicultural authors excites an ordinary classroom (Wayne, 2009, p. 34). Perhaps the most exciting way of creating a multi-cultural environment is celebrating cultural differences among students. Schools can accomplish this through simple events such as food fairs highlighting different cultures and cultural music. As countries continue to exhibit great diversity in classes, must teachers and students to understand and accept differences among people. There is, therefore, a significant challenge among educators to develop an effective multicultural education curriculum through which all students can learn happily with each

Statistics for managers individual work wk9 Coursework

Statistics for managers individual work wk9 - Coursework Example The high prices houses are said to be determined by the number of bedrooms, the age of the house, and the number of the bathrooms and their quality. The closeness to the cosmopolitan cities and the shabby (Byers et al 1997). The average selling prices of the houses in USA is also determined by other factor like the prestige associated by the locality of the house. A survey conducted on the Public opinion polls measure not only acceptance of the selling prices of the houses in USA by the citizens, but also public opinion on a wide range of social and economic issues that attribute to the prices of the houses. Public opinion is a critical force in shaping and transforming society most on the matter that influence and affect the public in general. Through opinion research, the public, the media and other interested groups have access to accurate measures of public attitudes and intentions on the issue of the selling prices of the houses. Sociologists can follow shifts of opinion on the major social problems and chart the evolution of the values. And citizens can now make themselves be heard at all times and compare their own view with those of others (Byers et al 1997). There seems to be two groups of academic researchers, in which one continues to support the high selling prices of the houses in USA and its positive impact to the economy, they believe that the main purposes of investment in real estate business is to improve real economic value. It is also agreed that housing leads to improvement in productivity, innovation, and job creation in every field of economy (Kraemer and Dedrick 1996; Agarwal, 1997; Shin 1999; Gray et al, 2000; Lee & Bose 2002; Laudon and Laudon, 2011; and Gecti and Dastan, 2013). The other group criticizes the bad impact of high selling prices of the houses on ecomony and the fact that high selling prices lead to development of low house quality leading to

Parenting Styles and Developmental Outcomes Research Paper

Parenting Styles and Developmental Outcomes - Research Paper Example This style manifests in the form of substantial parental control coupled with high level of child supervision. Children raised within an authoritarian environment should be obedient and respectful towards parental authority. This means that children are left with limited freedom (Barton & Michael, 2012). Behavioral conduct and general activities of children under this style should incline closely to rules and guidelines stipulated by parents. Usually, violation of those rules attracts punishment. In this regard, authoritarian style has low responsiveness but high demand on children. Authoritative Style Authoritative parenting operates with pre-established rules and guidelines. This means that parents practicing this style have high demands on behavioral patterns of their children. However, the high demand is offset by high level of responsiveness. Unlike authoritarian with low responsiveness, authoritative parents foster a democratic environment where children can question guidelines set by their parents. Parents adopting this style have a high propensity of forgiveness as opposed to punishment (Barton & Michael, 2012). Therefore, authoritative style has high responsiveness and high demand on children. Permissive Style Permissive parents set minimal rules for their children. This style has few demands on children, and tends to be more relaxed compared to the previous two styles.

Recruitment Case Study Essay Example for Free

Recruitment Case Study Essay Recruitment is when BHX looks for a new member of staff. BHX needs to recruit new staff for different reasons. It could be that they need staff for to fill in new posts or for an extra help for other staff. Sometimes BHX need new staff because they need to replace the old staff with new staff with more experience and qualifications. To recruit staff there is a process for it. There are seven steps in the process. To appoint the right person for the job they need to go through the seven steps for each of the applicants. For recruitment the manager and the human resources are responsible to recruit new staffs. As other organisaton BHX has a policy for recruiting staff. The employer at BHX has to obey the policy. The policy reduces the chance of a candidate being treated unfairly. The law and ethics at BHX are very strict. The law says that there must not be any discrimination against the employee and the employee should have the same opportunity regardless of race, gender, or disability. All disabled applicants who fully meet the Person Specification for the post for which they have applied for has to be guaranteed an interview at BHX. In BHX the recruitment is done by human resource department and the manager. Steps in the process There are seven stages in the recruitment process. 1. Identify the vacancy 2. Draw up a job description 3. Draw up a person specification 4. Advertise the vacancy 5. Shortlist applicants 6. Interview applicants 7. Select and appoint the most appropriate candidate (Carysforth C and Nield M (2002) GCSE applied business for edexcel hieneman) pg235 Agreeing the vacancy: Before recruiting new staff the manager has to think that in which area do BHX need more staff. And manager also has to ask permission of BHX that if they can recruit more staff. BHX will allow manager if they really need some new staff. Staff do cost lost of money and therefore BHX will need to think if they really need new staff. Each department in BHX has budgets and they are only allowed to recruit staff if they are able to pay for the recruitment process. This is what they need to think before advertising the vacancy. Here are some of the reasons why BHX might recruit people. * It could be that more airlines are landing at BHX and therefore they need more staff to service the planes. * More passengers are using BHX. * Someone has been promoted to the higher level or someone left the job. Drawing up job description: A job description tells the employee the key facts relating to the job. BHX needs to list the job title, all the responsibilities, main duties, salary of the employee. When someone applies for the job BHX has to give them the copy of job description so this tells them job covers everything they are expected to do. Here is an example of a job description at BHX. At the top of the job description there is information about the employees post title, the department the employee is going to work in, date etc. After that it says the purpose of the job. The main part of a job description is the employees main duties and responsibilities. At the end there is a box with a signature of the employees relation manager and the section he/ she is from. BIRMINGHAM INTERNATIONAL AIRPORT LIMITED JOB DESCRIPTION DIVISION: DEPARTMENT: Human Resources POST TITLE: Human Resources Administrator GRADE: C career grade DATE: January 2006 Job Purpose Complying with Birmingham International Airport Limited employment policies and procedures and recognised best human resources practice; to provide an efficient and effective human resources administration service, that that is customer driven, proactive, flexible, facilitates workable solutions and supports the Company in the achievement of its objectives. Main Duties and Responsibilities a. To ensure the planned human resources services for which this post is responsible for, are delivered according to Company policies and procedures and outlined departmental performance management standards. Undertaking the work of this post in line with the Company values, department objectives own personal responsibilities and professional standards. b. To be responsible for ensuring own administration is managed to expected business standards in a timely manner, without loss of quality standards. This includes responsibility for responding to telephone enquiries, drafting/word-processing routine and adhoc letters, minutes of meetings, reports and other documentation. c. To take a proactive role in the development of the human resources department administrative systems and processes; and communicate such developments, in a manner that supports the Company values and objectives of the department. d. To co-ordinate the recruitment cycle including but not limited to:- * preparation of advertisement, job descriptions, person specifications, * liaising with applicants, * equal opportunities monitoring, * attending candidate assessment. * progressing the employee reference checking process, * preparing accurate contract of employment, * coordinating, maintaining and progressing the Companys employee probationary assessment process. e. To maintain and update the Companys recording systems in respect of counter terrorism checks for relevant employees. For the purpose of employee counter terrorism check renewals to ensure relevant employees and the Department for Transport are notified in good time of the forthcoming expirery of their counter terrorism check clearance. f. To maintain effective housekeeping and ensure accurate updating of the computerised human resources information system (CHRIS) and manual recording systems as they relate to the work of the Human Resources Department. g. To produce human resource management information using the CHRIS, Company databases and spreadsheets for the production of statistical and other human resources related information for management reports. h. To carry out such other duties commensurate with the grading of the post,which will be determined from time to time, in line with the needs of the business. The airport company reserves the right to vary the duties and responsibilities of staff under Conditions prescribed in local agreements. Thus, it must be appreciated that the above duties may be altered as the future changing needs of the service may require. Employee Relations Manager Section Head (School resources) Drawing up person specification: BHX has to list all the appropriate skills and qualifications needed by the employee. They have to list this so only the person with an appropriate qualification can apply for the job. This also enables the employer to think about the best type of employer needed for the job. It also tells the employee what sort of training does the employee need Here is an example of a person specification at BHX. This helps the employer to recruit the best person in BHX. The person specification lists all the knowledge, skills, experience, qualifications etc the employee should have. BIRMINGHAM INTERNATIONAL AIRPORT LIMITED PERSON SPECIFICATION JOB TITLE: Security Guard (Part Time Terminals) GRADE RANGE: Security Guard DEPARTMENT: Aviation Security REPORTS TO: General Manager Aviation Security KNOWLEDGE 1 Emergency health and safety procedures including public safety issues HOW TO BE ASSESSED A/I SKILLS/ABILITIES 2 Physically able to carry out passenger and bag searches 3 Ability to remain calm and assertive in emergency situations 4 Basic computer awareness for the purpose of security ID pass checks and report writing 5 Good customer service practices to represent the company in a professional manner 6 Ability to remain alert and vigilant to undertake indoor and outdoor security patrol duties, boarding card and security ID pass checks 7 Well developed verbal and written communication skills 8 Ability to write short and accurate reports 9 Ability to work on own initiative and within a team 10 Ability to deal sensitively and tactfully with people on a one to one basis 11 To work a variety of shifts, inclusive of weekends and bank holidays I I I A/I I/TEST A/I/TEST I/TEST A/I I A/I EXPERIENCE 12 12 months experience in a customer facing role 13 Working to agreed standards and regulations and internal procedures in a consistent way A I EDUCATIONAL QUALIFICATIONS 14 Numerate and literate to perform the duties of the job TEST OTHER ATTRIBUTES 15 Willing to undertake mandatory training relevant to the job 16 Able to comply with the company dress code 17 Live within a 30 miles travelling distance of the airport to respond to call out/shift cover 18 Full previous 5 year checkable history (e.g work, study, unemployment, home worker) 19 Able to successfully pass a colour blindness test and medical examination A I A A OH How to be assessed Key: A Application form I Interview TEST Saville Holdsworth tests, and/or Managers designed test HR Certified by HR Department OH Certified by Occupational Health Department Birmingham International Airport Limited is working towards equal opportunities in employment and all employees are required to operate within the spirit of the Companys Equal Opportunities Policy. Employee Relations Manager Departmental Manager (http://www.bhx.com/personnel/jobs/52/Aviation%20Security%20Personnel%20person%20specification%2003.07.doc) Advertising the vacancy: BHX has to decide where to advertise the vacancy and to list al the skills, qualifications and all the attributes. The advertisement includes all the terms and conditions of the employment like salary, number of hours etc. There are different methods of advertising that BHX uses. They advertise low skilled jobs in the newspaper because it a very cheap way to advertise an vacancy. They advertise their vacancy in a newspaper which is delivered around Birmingham and neighboring towns and cities because it is more likely that a local person will apply for a job and its easier for the employee to get to the airport. They advertise some of their job on their website. They also advertise their job at job centers because lots of people who look for a job visit there to find jobs. Here is an example of the job vacancy of an aviation security guard at Bhx. This vacancy was advertised on the Bhx website. In this vacancy BHX cannot recruit a male security guard because at the top of the vacancy it says that they need a female aviation security guard. In the advertisement it lists all details about the job, the opportunities the employee will have and the salary. Female Aviation Security Guards Salary à ¯Ã‚ ¿Ã‚ ½11,187 à ¯Ã‚ ¿Ã‚ ½13,295 per annum (pay award pending) Closing Date 21 Mar 2007 Details If you are female and looking for a rewarding part time career opportunity, we have a vacancy that may interest you: FEMALE AVIATION SECURITY GUARDS à ¯Ã‚ ¿Ã‚ ½11,187 à ¯Ã‚ ¿Ã‚ ½13,295 per annum (pay award pending) (8 hour shifts, including weekend working and Bank Holidays) The Business Birmingham International Airport aims to be the best regional airport in Europe and, as the second largest airport outside London, regularly handles in excess of 9 million passengers each year, making it one of the busiest UK airports. If you want to be part of a vibrant and supportive team that is helping to shape the future of the business, here is where you make the connection. The Opportunity The main responsibility of this role is to ensure the safety of passengers. To be successful as an aviation security guard, it is important that you have a polite and professional manner, as you will be responsible for checking passenger identities, boarding cards and be required to perform bag and physical body searches. You should be comfortable working on your own initiative and be able to stay calm in emergency situations, while ensuring all security and airport regulations are adhered to. This is a customer facing role so we would like our aviation security guards to have well developed verbal communication skills and as you may be called upon to report on security related incidents good written communication skills are equally important. Previous security experience is not necessary as full training will be given to the successful candidates and you will also receive support from other team members. The Person In return for your efforts in this role, you can look forward to a competitive salary, a generous annual leave entitlement, free on-site parking, stakeholder pension scheme and Company share scheme. We also offer discounts on a variety of retail and catering outlets within the airport and discounted travel/holiday offers. Sex Discrimination Act 1975 section 7(2)(a)(i)) applies and on this occasion male applicants will not be considered. To apply, further details and an application pack are available via our website www.bhx.co.uk or write to the Human Resources Department, Birmingham International Airport Limited, Birmingham B26 3QJ (http://www.bhx.com/page.aspx?type=jLNyxnRIZKE=id=2N3FyjXb9IM=job=XZn9xPVMN1E=) Shortlist the applicants: Shortlisting applicant can be very difficult for BHX. Sue Timothy who is a personnel manager at BHX has to make sure that she shortlists the applicants fairly. To do this fairly she has to look at candidates Curriculum vitae. She has to look at what sort of grades, qualification, work experience and good references from their teacher or their previous employer. If the persons C.V. matches the person specification then Sue timothy can consider the applicant for the next stage which is the interview. Applicants with better qualification will be considered first for the interview and applicants with very minimum qualification will be rejected. Interview the applicants: In Bhx there is a two stage interview. The first interview is done by the human resources and the second interview is done by the manager of the department. This two stage interview is only done if the employee has applied for the high skilled vacancy. For example if someone applies for a job like an aircraft dispatcher, there will be a two stage interview. This is because aircraft dispatcher is a highly skilled job. There is a one stage interview at BHX. For example if someone applies for a job as a cleaner, there will only be a one stage interview. This is because a cleaner is a low skilled worker. At BHX interviewers are trained so that they know hot ask questions and what types of questions to ask. Interviewers who have experience at Bhx will ask open ended question which means that the candidate cant just say yes or no to the question. Example of the ended question can be What made you apply for this job? For this the candidate will have to give reasons for the answers. These kinds of questions tells the interview that how well the appl icant communicate. To make the interview fair to everyone, the interviewer has to ask the same questions to all the candidates. Select the candidate: This is the final stage of the recruitment process. BHX will have to choose the best candidate. They choose the best candidate by looking at how well the candidate has done in their interview. Sometimes an applicant with a really high qualification does badly in the interview. These mistakes could be that the applicant was too nervous during the interview. It could also be that the applicant did not communicate very well with the interview. As BHX is a huge organisation several people are involved in recruiting people. In Bhx human resources and managers are involved in recruiting people. In the interview only one person interviews the people because this makes the interview fair to everyone and the interviewer will ask the same questions to everyone. While employing for the job at Bhx the employee has to apply with the curriculum vitae because in the C.V. its got all the information about the employee like all the qualification from GCSEs to a university degree and all the work experience the employee did. The employer needs to see the C.V to make sure the employee has the correct qualification in order to get the job at Bhx. Before applying for the job at Bhx the employee needs to have one or two references from the previous employer to see if the employee has a good behavior and a good record Overall I think that a recruitment process is very successful in Bhx. Everyone who applies for the job at Bhx has equal opportunities because in the interview the interviewer has to ask the same questions to everyone. With all these seven stages of recruitment Bhx recruits the best person for the job. Recruitment at Bhx can be done better if the interviewers are polite and they know what questions to ask. They can also advertise the job far away from Birmingham so there is more chance to get the best person who will meet all the person specification for the certain job. Staff Development and Training Training is related to job specific skills and abilities, learned at BHX. Development means to increase knowledge, skills or experience. A cleaner will need different training then an airport dispatcher. This is because they all have different job roles and different responsibility. The cost of the training depends on the type of training the person is doing and the level of the job they are at. For example the cost to train a manager is much higher then to train a cleaner. On-the job training is an important way in staff acquires relevant knowledge and skills at work. On the job training is when the staff trains in Bhx. The example of on the job training could be an induction. Induction means when the employee comes to the job for first time, the supervisor has to show the person around Bhx to get familliarise with the other staff and work place. Off the job training is when the staff trains within the Bhx but in different location. The example of off the job training could be someone learning how to use a computer in a training centre. In Bhx the employer needs to train and develop staff for different reasons. They need to develop staff because the job and technology changes. Lots of staff at BHX works on a computer. As times goes by new technology comes and they need to get a special training to use it. Promoted staff needs new skills. Also the new staff needs training. So Bhx has to organise some training events. Without the training the new staff wouldnt have a clue of what to do at BHX. With the training and development, staffs skills improve and when the staffs change their jobs then they would need less training. The staff might need training because during the performance review they might have done badly because they had a lack of skills. Bhx can improve its training system by allowing more budget in the training department. This will mean that staff can get trained more effectively and they will learn more skills during the training. Training can also be done better by recruiting more people who have more qualifications and employees who need less training. This saves money. At BHX there are different types of training. * Induction training is to familiarise the new employees with staff their work place and health and safety in Bhx. The cost for this type of training is very low. * On the job training is for the staff who needs to learn about Bhxs equipment and system. This type of training is cheaper because the staffs are trained in Bhx and Bhx dont have to pay for the accommodation and travel for the employees. * Off the job training is for people who need to learn about other aspects of the job. It can be really expensive to train staff away from Bhx because Bhx has to pay for the employees accommodation and the travel. * E learning (Electronic Learning) means an employee who learns and trains by a computer. This type of training can be really expensive because having an I.T system is expensive and they BHX have to buy different kind of software for different type of training. There is a future need for all these trainings. With the training, staff can do lots of other things which they couldnt do before the training. There are new business opportunities. There is a greater staff motivation. Bhx does work towards IIP (Investors In People). An IIP is a national standard that wants Bhx to train and develop all their employees to help achieve Bhxs objectives. National training awards started in 1987. The training awards are awarded to both employee and employers in Bhx. Every year a few staff gets this award. To get this award the learners have to prove that they have demonstrated excellence skills in their training. www.google.co.uk Application form at BHX When BHX recruits new staff the employee has to fill the application form very carefully. This is because the employer of BHX wants to know every single information about the employee. In the application form the employee has to fill all his/her personal information i.e. name, D.O.B., home address and many more. The employee also has to fill the health information all the secondary school information, the grades that employees has achieved, all the college and universities grades achieved and qualifications that the employee has. The employee also has to list all the skills, knowledge, abilities and experience they have. They also have to list whether they have worked for different company before.

A Slight Misunderstanding :: Free Essay Writer

A Slight Misunderstanding The media sure has its hands full! First off, it’s changing the physiology of grown men, transforming their brains into those of sixteen-year-olds with its cathode tubes, according to Steven Stark in his essay, â€Å"Where The Boys Are.† Next on the list is the task of convincing our youth that â€Å"murder is cool and fun,† a statement courtesy of John Grisham’s essay, â€Å"Unnatural Killers.† The media is making today’s youth somehow disregard everything they’ve ever heard about it being wrong to kill someone and consult their television for guidance instead! That job can’t be easy! Never having a moment’s rest, the media has also been sighted by Marie Winn. It was in the act of changing our entire families into groups of distant acquaintances, which we read in, â€Å"Television: The Plug-in Drug.† Finally, add to this list â€Å"screaming.† Deborah Tannen states that the media is making us scream at each other, an enlightening fact one may find in her essay, â€Å"The Triumph of the Yell.† Some new light has recently been shed on the subject, though: the media is not a concrete being. To say the media is sending out a message is akin to saying that your TV is talking to you. This being not possible, we must now examine those who control the media. This is a tough crowd to figure out. We do not know anything about these people. They could be the guy on the corner, or your favorite bartender†¦ probably not, but with all the face-less notoriety this industry has been painted with, one might think so. We are led to believe that we are being controlled and manipulated by unknown egomaniacs that are systematically destroying every facet of good ole’ fashioned life. Life, though, was fashioned many moons ago and has not changed much since. We have always craved to live our lives vicariously through art. The concept of real life imitating art was not born with the advent of slasher films and rap music: the heyday of the Wild West spurned multitudes of dime novels that city kids grabbed up and relived on their stoops. And the media, throughout the course of its evolution, has always attempted to tap into our innermost desires, desires to step into surrealism. It has to. It’s the product it’s selling. Some may say that they’re exploiting our vulnerabilities.

Essay --

Genetically altered Importation and Exportations of Food Most of America’s food is processed or genetically engineered. Since the dawn of agriculture, biochemists study our food. Our food is gets new additives every day; however, it is difficult to keep food good without certain chemicals and additives. The debate about processed foods or genetically engineered food increases due to the genetically modified food organizations in Europe. The European Union continues to ban more and more food subjugated to the genetically modified (GMO) category. The US concludes that banning GMOs is not necessary. Europeans believe that it is their right to know what they eat; however, Americans should have the same right as well. Americans should have the right to know what additives are it their food. Genetically modified food should be labeled genetically modified or GMO. â€Å"Seventy percent of US foods are processed† (A-1). In addition, are chemical ingested. This process genetically engineered to make them stay fresh during the import or export process. Our food in the US processed in many ways. For example, farmers spray wheat with pesticides so that insects and unwanted animals will not contaminate them. â€Å"In most of the food items that we have come to know as processed foods, foods such as cookies, crackers, cereal, and yogurt are all crammed with chemicals that’ll let it sit on a shelf for a good long time† (A-2). Chemicals used to keep food fresh and stay fresh for longer period than what the expiration date says. Foods like cereal can be placed on a shelf at home and easily stay fresh a lot longer than what the expiration date says. People wonder if their product is safe. If a product is able to stay fresh in abnormal places, it most likel... ... concerned bout having enough food for the mass majority of the American population the US concludes that banning GMOs is not necessary. Europeans believe that it is their right to know what they eat; however, Americans should have the same right as well. Americans should have the right to know what additives are it their food. Genetically modified food should be labeled genetically modified or GMO in order to sease all debates with the American and European union. Not only is it the European union there are small organision debates that benach out all over the world. Ameircan food organisastions argue because they demand to know what is in there food. If the American union would agree to label all food items that are GMO, â€Å"GMO† the European union as well as America could save a ton of money annually because they wouldn’t have to spend it importation food testing.

New Product Development and Nestle

INTRODUCTION Nestle is a company that is operating in food and beverage market. In the last decade nestle is a leading nutrition and health corporation that promise a safe and high quality product to its customers. The company illustrates a significant profit ratio and therefore nestle become a role model for those companies that want to be successful. As a result this report is illustrating why and how nestle have achieved a superior performance VALUE CHAIN ANALYSIS OPERATION First of all the company have a operation in all around the world which means that they achieve an economy of scale.Apart from this minor information in terms of product offering the company are currently developing a products that are requiring a similar tangible and intangible resources. As a result they are exchanging production equipment and workers between factories. So we can easily say that nestle are also achieving an economy of scope. In addition to this, capacity are being utilized by the department. Apart from those economic terms their labor are being highly trained and therefore they are highly specialized about what they are doing which also resulting in an another efficiency at the operational activities.Moreover the department are frequently adapting its latest technologies that is reducing labor input and increasing its automation and mechanism of operations. However nestle brand express a quality and safety products to its customers. So its clear that the company company are not reducing its cost by buying a low quality raw materials and this means that they have integrated differentiation and low cost leadership strategy. We can easily conclude that this department are producing output much more efficiently than its competitors. MARKETING AND SALESThe company is heavily investing on research and development. For instance according to resources they invest 1. 5 million on this department every year. For example they employ more than 3 500 people and those employees are h ighly motivated labors that is helping nestle to adapt its dynamic and fast changing environment. In other words labors have a huge contribution to nestle to provide a new products quickly to its market. For example the employees latest innovation is pleelable ice cream which is a product that has a rich creamy flavor of a regular ice cream.However it also contains a low fat in comparison to other brands . In addition to this the department have also invented a interesting flavors to this ice cream. Apart from this their research team have also found a actobacillas that contains a oriobitic agent which is improving human body’s immune system. As a result they are trying to inject actobacillas to their yogurt brand . employees also reported that actobillac is not changing the texture of yogurt. As a result those examples clearly illustrates that how well the company is adapting to its socio cultural environment.As tidd and bessant illustrates the importance of product innovati on by stating that(2009 p6)†new product development is an important capability because the environment is constantly changing. Shift in the socioeconomic field create opportunities and constraints . Legislation may open up new pathways or close down others for example, increasing the requirements for environmentally friendly products. Competitors may introduce new product which represent a major threat to existing market positions. In all these ways firms need the capability to respond through product innovation†.Apart from innovation capabilities the company employee are also illustrating an effective performance in the international market. For example they are spending three days with the people that are living in the country that the corporation are planning to make an investment for this reason they are understanding their purchasing habits and motivations and therefore they are developing a product that is appealing to its people. In addition to this employees are also monitoring how consumers consider their brands in other words they are investigating if consumers are recognizing the values that the corporation is trying to convey.So we can easily conclude that research department is one of the main factor that nestle is being successful in the market. INBOUND AND OUTBOUND LOGISTIC The most striking feature of inbound and outbound logistic are that the company does not use middle firm to its warehousing and distributing its products. Nestle international partner have their own distribution centre’s and warehouses in other words they are kind of integrated forwardly. In that way they are ensuring that all frozen products are remaining quality to its retailers.As a result of this the inbound and outbound chains are running efficiently and therefore its not increasing its cost. Apart from this nestle also provide a special equipment for some of its products to its retailers. For example all retailers have a special freezers for nestle ic e creams the reason that they are providing this equipment cause nestle want to also ensure that products are remaining quality and undamaged to its customers. So we can easily concluded that the corporation are really effective to keep products quality while transiting to its retailers and also to its customers.PROCEREMENT The corporation promises high quality product to its customers and therefore supplying a quality materials are important. They don’t use vertical integration strategy instead they have a long term perfect relationships with its suppliers. In other words supplier power is not strong which means that they are all time providing a high quality materials at a reasonable price. In addition this farmers whom are supplying raw materials to the company are being supported by nestle research department.The company researchers and scientists are working together with its suppliers. For example the department are helping farmers to implement their findings to the raw materials and as a result nestle is supplying all time quality products. Apart from increasing quality of raw materials nestle is also supporting sustainability in the supply of raw materials for example. The company has a more than 500 hundred agromist technical advisor and field technicians that are providing a assistance to its farmers.Above all the company has a power to acquire its suppliers and clearly it requires a significant investment which also increases the exist barriers of industry. However by being a close and excellent relationship with its farmers they are ensuring the quality of raw materials. HUMAN RESOURCE DEPARTMENT HRM employees are frequently measures the employees performance and this measurement is resulting in an rewards. In addition to this they are providing an effective training programs to its employees. As a result human resource department are being unsure that they are attracting top employees in the industry.For this reason they are adapting to new environment conditions and the firm innovating new products faster than its competitors. TECHNOLOGICAL DEVELOPMENT Needless to say that nestle are using the latest technologies in all value chain activities. But most striking feature of the technological analysis is that nestle are using its latest technology in order to study and adapt to fast changing business environment. So we can easily conclude that they are investing and closely monitoring the technological and its wider environment frequently.NESTLE BUSINESS AND CORPORATE LEVEL STRATEGIES Clearly corporation’s general growth strategies are divided in to two categories which are concentrating on the existing industry and diversification. CONCENTRATION The company was being considered as a technology led corporation however changing social and cultural environment lead them to become a science driven nutrition health and wellness company. At the moment the market is dominated by extremely large companies so nestle can not drive out competition by using its aggressive promotional and pricing strategy.Instead they are using other market penetration strategies suchas effective advertising methods and special promotions. However the most striking feature of the strategy in the existing market is that innovation. For example they are frequently working on scientific innovations to make their current products more healthier and contains low fat. As it mentioned in value chain analysis tasty low fat ice cream is an perfect example about how company is concentrating on the existing industry by innovating its existing products.As a result of those kind of actions they are selling more things to same people but at the same time they also are targeting and attracting its new people. Apart from combining market development and product development strategy in the anosoff matrix tool European and American food industry are illustrates a strong threat of entry and there are a lot of substitute of products which is resulting in a strong buyer power. As a result nestle have perceived this market as a flat and highly competitive and therefore they are setting is sighs on new markets in order to enhance their profitability.In other words they are investing highly on emerging markets for example eastern Europe asia and latin America that have a perfect potential to improve their profit ratios with their current products. However the most striking feature of the nestle international strategy is that Nestle are entering those markets through the takeovers and joint venture. This means that they are benefiting from local managers knowledge about culture language pestel and business systems and this clearly resulting in a faster adaptation to its environmental change.Moreover they are also taking over the companies that they have a perfect background. According to resources the company is investigating the local companies carefully and they are picking the firm that have a perfect reputation in th at way the company is ensuring that it is not damaging the nestle image. So its clear that they are using locally sourced raw materials and this means that they are facilitating their factories in those nations that they are selling its products to its customers As a result they are aiming of creating a share value to its all stakeholders.The reason that they are creating a shared value for all shareholders that they are because The company found that creating a long term value for the countries in which they are marketing its products are helping them to making a more profit. So we can easily conclude that the company are highly concentrate on their existing products and in term of its international strategy nestle are using right way to be successful. RELATED DIVERSIFICATION Nestle have been increasing the variety in the distinctive products that they are offering.In other words they are using its related and unrelated diversification strategies. However the company is mainly usin g its related diversification. For instance. The company has a well known existing brands such as kitkat lion nesquick and nestea and as a result of this the company are using this existed well positioned brands in the other sectors. for example kitkat is a chocolate but last year nestle create a kitkat ice cream(or nestle creal and crealbars) and in that way they are not creating new brands in order to extent their products and this clearly creates many benefits.The most striking feature of the benefit is that nestle is achieving an incredible cost saving in terms of building a brand . In addition to this they are also operating within the existing operation capabilities which means that they are exploiting an economies of scope For example they are sharing technologies employees and even advertising campaigns between different businesses units. As bymike w. peng illustrates the benefits of related diversification by stated that(2009,p315)†firms benefit from declining unit co sts by leveraging product relatedness.The sources of operational synergy can be technologies(such as common platforms)marketing(such as common brands) and manufacturing(such as common logistics). As a result of this strategy clearly they are achieving a superior performance in the market because of the fact that related diversification strategy is considerably helping them to integrate its differentiation and low cost leadership strategy. Conclusion Above all nestle is operating in the highly competitive market.In addition to this other environmental factors are also changing fastly. However nestle is a company that is using its highest technology as well as employing top employees in the environment. For this reason they have a perfect ability to adapt to its environmental change. For example the company have an outstanding research and development department. Apart from this success criteria the corporation is also significantly reducing its cost by using its effective operational strategies and its related diversification.So we can easily conclude that nestle has achieved an superior performance because they have a perfect ability to innovate interms of its operation product service and its businesses processes as well as they have a right strategy in the international markets. ( e. q creating a share value and entry methods) REFERENCE LIST MANAGING INNOVATION JOE TIDD AND JOHN BESSANT 4TH EDITION JOHN WILER AND SONS,LTD Global strategic management mike w. peng second edition south western cengage learning

Case 6: the Financial Detective

Case 6 : The Financial Detective Financial data is the most crucial information in describing any sort of business, but this information is also useful in differentiating between different types of businesses. In any specific industry, many key players are present, yet their strategies and implementations of business vary greatly. Two firms may achieve the same earned profit, yet go about securing this profit in radically different ways . A close analysis of financial data for each business can be used to understand and explain these different strategies employed by a given company and how that strategy affects the financial performance of each company. This case calls for the examination of two different companies within the same field and, through analysis of selected financial information, determining which set of data belongs to which company based on the different characteristics and strategies employed by each company. The results of this analysis are as follows. Health Products The two companies listed here manufacture and market health care products. The first is the world’s largest prescription-pharmaceutical company containing a broad pipeline of ethical pharmaceuticals backed by significant research and development, which has recently divested many of its non-related business holdings and is considered the partner of choice in terms of licensing agreements. The second company is a diversified health-products company that manufactures and mass markets a broad line of pharmaceuticals, over-the-counter drugs, health and beauty products and medical devices. Brand development and management is key to this company. Company A is the more diversified company, while Company B is the world’s largest pharmaceutical company. A major signifier here is the intangible assets owned by Company B, 46. 1 vs. 22. 2, which would explain the patents and licensing deals mentioned in the company description, as well as the robust research and development budget. Another major clue here is in the inventory turnover. Company A, well-diversified with a mass-market strategy, turns over their inventory 3. 8 times vs. .93 of company B, which is to be expected of a mass-market company intent of volume sales to consumers. Beer Two brewers of beer are described here, the first being a national brewer of mass-market consumer beers sold under a variety of brand names who also owns a number of beer-related businesses and several major theme parks. The second is a smaller brewery with smaller production volume and higher prices that outsources most of its brewing activity. The firm is also mentioned to be financially conservative and has recently undergone major cost-saving initiatives. Company C is the national brewer while company D is the small market brewery. A major key here is understanding that company D is described as financially conservative, which helps explain the large amount of cash and short-term investments (55. 6) that they keep on hand, while also holding no long-term debt. A large, national company like C would be expected to carry some debt in order to finance such large operations. Also, as C operates an extensive network of breweries and distributorships, while also owning beer-related businesses and theme parks, it would follow that their net fixed assets would be quite large (54. 7) compared to the relatively smaller D (16). Computers The two companies described here sell computers and related equipment. One company focuses exclusively on mail-order sales of built-to-order PCs and devices and is an assembler of PC components manufactured by suppliers. The other company sells a highly differentiable line of computers and accessories and has recently begun to recover from a dramatic decline in its market share. The firm has an aggressive retail strategy intended to drive traffic through its stores and expand its installed base of customers. Company E is the online retailer, while Company F is the retailer. As E is an assembler of parts supplied by a manufacturer, their manufacturing is essentially outsourced, which accounts for the higher cost of goods sold (81) as well as the higher amount of accounts payable, as they consume more supplies in order to assemble their products. As well, since company F is a bricks & mortar retailer as opposed to an online vendor, F has had to adopt and aggressive retail strategy that requires advertising their products and stores and employees in which to sell their products, which accounts for the relatively higher SGA expense (23. 1). Books and Music Of the two companies profiled here, the first focuses its sales based on a vast retail-store presence. This company is the leader of traditional book retailing, and also maintains an online presence and owns a publishing imprint. The other company sells books and music solely through its web site. Media is the majority of their sales, but they also sell electronics and other merchandise, and the company has only recently become profitable due to an aggressive strategy of acquiring related online businesses. Company G is the online retailer while company H is the traditional seller. G reaches customers solely through the internet, and besides various warehouses used for shipping it would have no need to keep large fixed assets, which explains why their net fixed assets (7. 6) are significantly lower than the traditional seller (24. 4), who requires the retail outlets needed to reach their customers. Along these lines, as H is a traditional seller of goods, their inventories (38. 6) are bound to be much higher, as their retail outlets need to remain stocked rather than ordering as needed like G would. This explains G’s higher cost of goods sold due to not needing to buy in bulk. Paper The companies listed here are both paper manufacturers. The first company is the world’s largest maker of paper and paper products, who also owns timberland, numerous paper-related facilities and a paper-distribution network. The company has spent the last few years closing inefficient mills, implementing cost-containment initiatives and selling nonessential assets. The other firm is a small producer of specialty papers as well as towel and tissue products. Most of the company’s products are marketed under branded labels and the company purchases the wood fiber used in the paper making process. Company I is the larger firm while company J is the smaller firm. The first clue to this conclusion is the amount of long-term debt company I is carrying (41. 3) compared to company J (18. 3). As we know that the larger firm has spent the last few years reorganizing and attempting to cut costs, it would make sense that these initiatives were taken because of high company debt. Along this line, I’s total debt/total assets is much higher (42. 8), which would also help to explain the cost-containment initiatives needed. Also, I’s cost of goods sold (75. 3) is lower than J’s (82. 9), most likely due to their ownership of supply companies and J’s decision to buy theor wood fiber on the open market. Hardware and Tools These two companies manufacture and sell hardware and tools. The first company is a global manufactur er and marketer of power tools and power-tool accessories that sells primarily to retailers and distributors with the branded products intended to reach the average consumer. The other company manufactures and markets high-quality tools for professional users, offering a broad range of products sold through its own technical representatives and mobile franchise dealers. The company also provides financing for franchisees and customers’ large purchases. Company K is the global manufacturer while company L is the professional tool manufacturer. The first major hint here is the SGA expense for each company. Company L’s expense (38. 9) is significantly higher because of their use of technical representatives and mobile franchises that they themselves provide financing for. As well, company L’s gross profit (48. ) is significantly higher, most likely due to the higher prices they are able to charge due to the precision and quality of their professional-minded tools. Retailing These two companies are both large discount retailers. The first firm carries a wide variety of nationally advertised general merchandise and is known for low prices and its volume-orientated strategy. Most of its stores are leased near the company’s network of distribution centers and the company plans to expand. The second company is a rapidly growing chain of upscale discount stores that attempts to match other retailers’ prices and offers deep discounts. The company has partnerships with many leading designers and offers credit to qualified customers. Company M is the general merchandiser while company N is the upscale discount store. As mentioned in the description, company N is known for providing credit to boost sales, and thus this extended credit appears in their receivables (17), as opposed to M (1. 4). Also, company N’s gross profit and profit margins are higher, as their strategy isn’t based on volume sales (make smaller profit but sell way more) like company M is. Newspapers The companies listed here both own newspapers. The first is a diversified media company that generates most of its revenues through newspapers sold throughout the country and around the world. The company has large central controls and competes fiercely for subscribers and advertising revenues. The company also recently built a large office building for its headquarters. The second company owns a number of small community newspapers throughout the south and mid-west. The firm essentially holds a portfolio of small local monopolies and has a significant amount of goodwill on its balance sheet. The company’s success is hinged on decentralized decision making and administration. Company O is the Midwestern Company, while Company P is the well-diversified company. The description mentions how company P is forced to fiercely compete, which would surely raise their SGA expense (39. 7) as compared to company O (23). This is also true considering company O’s emphasis on decentralized management and administration, which affects the SGA expense. Also, P recently built and owns a large office building, which would add to their net fixed assets (34. 6) compared to company O’s (14. 1).

My School Memories Essay

The first memory that I have of school is the sound of my small feet on the wet ground as I stepped out of my mom? fs green Volvo. The splashing and splashing of the water as I walked down the rainy walkway toward what would be my new school. But not only was it a walkway to school, but the walkway to the rest of my life. Little did I know at the time, but this path would bring me to where I am now, an unsure college student. Unsure and uncertain of what my future holds and what is awaiting me on this path. The only things I know are the lessons that I have learned along the way which have molded and shaped me into the person that I am today. As a kid going through grade school my family moved around a lot. When I first started going to school I was living in north Seattle, and I lived there up through the first grade. After I had completed first grade, my family and I packed up and moved north to Mountlake Terrace. At that age it really wasn? ‘t very hard for me to relocate because I hadn? ‘t really had much time to develop any lasting relationships or even fully understand what was happening. The following six years were spent moving between Edmonds and Seattle and going through different elementary schools. The older that I got the harder it became whenever I would have to change to a different school because I felt like I had to explain myself to the other kids. When I was younger I was really embarrassed about the fact that I had moved around so much. Even to this day, I get a bit uncomfortable discussing this topic. After I had finished sixth grade my family decided to move back to Edmonds once again and I? fve been here ever since. I started middle school here in Edmonds at College Place Middle School. That summer before school started I decided that I would join a football team so I could make some friends that went to the same school as me. For the first time I had real friends. The only problem was that some of those friends weren? ‘t the greatest of influences on me. They liked to get into trouble by smoking and just not making smart decisions in their lives. I experimented with the whole ? gtroublemaker? h scenario, but luckily for me I realized it was not for me and it really was not the smart thing for a seventh grade kid to be doing. That following year I had changed a lot and I had gotten really into music. I just fell in love with it. That year is when I met who would end up being one of my closest friends to this day, Joe. His love of music was as great as mine was and we decided we wanted to start a band. I believe that music really helped me find a sense of self and it really gave me a positive way to express emotions and thoughts that I was feeling, and teenagers need some sort of way to express them otherwise it can create trouble. High school was the beginning of the end. It was the beginning of the end of childhood?. It was a time when I had to take my first baby steps into the real world. The first year of high school was by far the worst. The step up from middle school to high school is a hard one. For me it was strange to see guys with more hair on their faces than I had on my whole body. The whole situation is quite intimidating for a young kid in a strange, new place. As the years went on, I began to feel more comfortable being there. The one thing that kept me sane through my high school years was my band. By the time we’d reached our junior year we had become pretty good so that made it even more fun. I eventually even began to like school a little bit. But overall I had a lot of fun in high school. I think I learned a lot about how to treat people and just to respect people for who they are. That was probably one of the most important lessons that I learned the whole time I was there. Looking back on it now, I can appreciate the time that I spent there. The events and circumstances of someone? fs life really do determine how that person thinks and acts. There is no doubt that the experiences I? ‘ve had in my life through school have helped to shape the person I am today. Not that I am perfect or near perfect now, but I am happy with who I am and I think that that there is something positive to be taken away from everything in life. The only problem is that sometimes you have to take a closer look to be able to find it.