Values Essay - 1026 Words

Values Pamela Dyer Southern New Hampshire University Policy, Law, ethics NUR480 Professor S. Butler February 26, 2015 Values Our values define who we are. They are the fundamental beliefs that guide our actions and behavior. They influence the way we interact with others and our thought process. Every day, each one of us makes choices and decisions that directly affect the way we experience each other and the way others experience us. Values, in essence are what motivates us. The values that define me are: caring, compassion, helping others, team work, education, dedication, and results oriented. We all act and make decisions without realizing that these processes are in fact based on our core values. Values are as Burkhardt †¦show more content†¦Things rapidly change in the medical field and it is a major responsibility in nursing is making informed, evidence based decisions, these decisions can sometimes be a matter of life and death, therefore as nurse I feel it is imperative to continue education and make sure your skill set is optimal and appropriate for the decisions you are making. Because values play such an important role in our lives, it is important for individuals to understand their own personal values and when searching for a job, seek out employers with the same or similar values. â€Å"When seeking employment, nurses should identify congruencies or incongruencies between their personal values and those of the institution, because accepting employment implies committing to the value system of the organization† (Burkhardt Nathaniel, 2014, p. 99). Having the same or similar values will give us confidence that we are all utilizing the same principles when it comes to our common goals, interaction with our co-workers, clients and decision making within the organization. â€Å"When personal values are at odds with those of the patient, colleagues, or the institution, internal or interpersonal conflict may result† (Burkhardt Nathaniel, 2014, p. 98). These conflicts can have a negative impact on the patient, theShow MoreRelatedQuestions On V alue Propositions Delivery Value Essay1743 Words   |  7 PagesDiscussion of how value propositions delivery value in different aspects Background and concept definition The term value proposition was first mentioned by Michael Lanning and Edward Michaels in a 1988 staff paper, they think value proposition has a function of delivering value in a business. A clear and simple statement of the benefit and price which firm can provide to its customer. 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In my previousRead MoreThe Moral Value Of Moral Values1001 Words   |  5 PagesThe claim that moral values cannot be derived from facts is grounded in the idea that facts are descriptive and informative, whereas value propositions are prescriptive a nd imply that we ought to carry out certain action or act in a particular way. In essence, while facts give us information about the world itself, values tell us how we should act. It is accepted that facts are cognitive and are therefore know to be true or false. However, non-cognitivists support the idea that moral truths cannotRead MoreIntrinsic Value And Extrinsic Value Essay1330 Words   |  6 Pagesproperties, and acts contain values. They would fall into three categories of value: intrinsic value, extrinsic value, and both intrinsic and extrinsic value. Things containing intrinsic value means people value those things with intrinsic value for its own reason (Zimmerman). 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These values determine ones priorities and are fundamentally the things that one believes and stands for in life. Throughout my life, I have met people and experienced a plethora of situations that have shaped who I am today. I value many things in my life, however, it can be easily forgotten due to the privileges and securities of all the things I am blessed with. I place value on things that I believe benefit my life and the people around

Windows Sql Server Database Design Essay - 8605 Words

Tasman International Academies Diploma in Information Technology (Level 7) ASSESSMENT: Windows SQL Server Database Design and Optimization STUDENT NAME:: RANJIT SINGH STUDENT ID :: 14112532 ASSESSOR NAME:: IMRAN SIDDIQUE DATE SUBMITTED:: 20/07/2015 SUBJECT:: ASSESSMENT (THEORY) Assessment: Task One Theoretical Questions Outcome 1 (1.1) Q1. Briefly explain following designing requirements that are required when designing the Hardware and Software infrastructure: a) Storage requirements A lot of considerations go into analyzing the storage requirements of a database server. In addition to the physical size of the database, you need to consider the transaction growth rate and data-distribution requirements. Some industries, particularly financial and healthcare institutions, are subject to requirements regarding data retention, storage, and security that must be taken into account in determining storage capacity. 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Bakery Marketing and Cakes Free Essays

Date: 12th October, 2012 Name: Momina Saeed 01-111102-108 Sana Khan 01-111101-113 Mian Muhammad Sajawal Marketing Plan 01-111101-157 Section:BBA 6-C â€Å"ENTREPRENEURSHIP† „BAKELICIOUS? MARKETING PLAN Point of differentiation (Pod): ? We will offer customized product to the customers. ? We will bake cakes according to the preferences and requests of the customers. ? These cakes are made up of organic ingredients which are nutritious. We will write a custom essay sample on Bakery: Marketing and Cakes or any similar topic only for you Order Now Unique Selling Proposition (USP): ? Our unique selling proposition is our family recipe for cakes. Segmentation: ? We will sell our product to Elite and Upper Middle class. Objectives: To create awareness. ? To specialize in cakes which are different from any other cakes available in the market. ? To establish a strong presence in the market as a unique bakery. ? Spreading happiness through taste. ? Completing important moments of your life. Data Gathering: Primary sources: ? Direct Interviews from customers. ? Direct Interviews from home bakers. ? We will also get information through questioners filled by the customers. Secondary sources: ? Internet ? Social websites Analysis of data: ? We will analyze the data from filled questionnaires and after conducting interviews. Marketing Mix: As Bakelicious is a service so we are using 7p’s of marketing. Product: ? Cake, cupcakes, cookies and muffins. Price: I. Cost: ? Our price will vary on the size and ingredients used for baking cake. II. Customer: ? For customer we will decide how much customer is willing to pay. ? As we are targeting elite and upper middle class so our cost will be some for both. III. Competitor: ? As we are starting new business so our cost should be less than other competitors. Place: ? We will make our items at home and also do online selling. We will place stalls in funfairs in school, college and universities etc. Promotion: We will do promotion through: ? Fliers ? By creating Facebook pages Positioning: ? Bakelicious will be positioned as a home based bakery that will provide home-baked goods. ? The focus will be on quality and freshness. ? It will be a fun and inviting alternative to mass market companies. ? We will offer highly customized products such that customers will be able to make the treats that they would bake if they had the time. People: ? Momina,Sana and Sajawal Process: ? People can place their orders through Facebook and through Telephone. SWOT ANALYSIS: Strengths: ? A cake business is fun. Most people need cakes for special days or events so what better way to make someone smile. ? Low startup costs. Since it does not require rent some space, then rent can be taken off the budget list. ? High mark-up for cakes. Since cakes are easy to make, we can price them according to their worth. Some are worth more than others but either way, it’s going to make a nice profit. ? Each cake represents a person or a relationship or a celebration by them. So, like each individual or his/her relationship with others, the cakes are unique. ? The cakes are creative, and each is a piece of art. There maybe thousands of bakeries out there, but there are only a handful of bakeries that make as creative cakes like Bakelicious. Weaknesses: ? Bakeries products are perishable items hence need to be sold as soon as possible to gain maximum benefit. The customers also prefer fresh products. ? Our bakery has introduced few bakery items from the possible product lines. This limited menu can be seen as a weakness. ? When dealing with art, a single problem lies in every field, there are not many artists available out there to help us. ? Depending on the size of the kitchen, it needs extra storage space for supplies. This may require purchasing an extra cabinet or rearranging kitchen. Opportunities: ? Expansion of the Product Line in the future with the introduction of more bakery items. ? Bakery Industry is growing at a fast speed and demand for quality food is never ending. ? Changing consumer tastes have given rise to â€Å"artisan† or gourmet cakes. Smaller bakers like Bakelicious with flexible production facilities can capitalize on such. ? In the recent years, customers are becoming more and more health conscious and prefer home-made goods made with quality ingredients and customers are also willing to pay a high price for that. Bakelicious produces just that. Threats: ? Raw-material and energy costs volatile: The costs of major raw materials, such as wheat, vegetable oils, fuel for delivery can change rapidly. The volatility in prices of raw-materials cannot affect the end-product price, thus shrinking the profit. ? Competitors: Current and potential competitors are major threats for Cakes Tell Stories. BUDGETING: After analyzing the prices of the Home Bakers we are going to price our products as follows: ? Ingredient cost for cake Rs 20. 000 ? 2 delivery boys salary Rs 20. 000 Rent of bikes (2) Rs 4. 000 per month ? Bikes fuel Rs 18. 000 per month. IMPLEMENTATION: ? After all this marketing research we will then follow this marketing plan, all of the group members will organize and apply this marketing plan thoroughly. MONITORING: ? One of the group members will oversee the operations in terms of material, delivery system, advertisement and maintenance if required. ? Other two of them will bake the cakes a s required. SALES PLAN OVERALL SIZE OF TARGET MARKET: Islamabad Total Population: 1. 15 million SECTION: A Elite 7% B Upper Middle 15% C Middle 33% D Lower Middle 35% E Lower 20% Total Population = 1. 15 million Percentage of Targeted Section = x 0. 22 Targeted Section = 2. 53 Lacs Average Member in a Family = ?5 Total Families = 50,600 Families Prefer Home Made Cakes = x 0. 20 Total Targeted Families = 10,120 ATAR: Fliers (15%) = 12000 Brushers (10%) = 8000 Social Website (70%) = 2000 Number of Targeted Families Initially = 10120 x 0. 15 x 0. 10 x 0. 70 = 106 Families Years Pessimistic Realistic Optimistic 2013 100 110 130 2014 120 140 160 2015 150 180 200 2016 200 230 260 How to cite Bakery: Marketing and Cakes, Papers

Coffee free essay sample

What is the product mix of Trung Nguyen? What are the key attributes of its coffee? How do these attributes help Trung Nguyen to differentiate itself from its competitors? The product mix refers to the total composite of products offered by Trung Nguyen coffee. It consists of different product lines, various product items in each product line and within each item is the product depth. Firstly, the product line is a group of product or service items that are closely related because they are sold to the same consumer groups, are marketed through the same types of outlets, have similar usage or fall within given price ranges. Thus, Trung Nguyen Coffee’s product lines are: Trung Nguyen Coffee, Passiona Coffee and G7 Instant Coffee. The Passiona Coffee targets at consumers looking for low-caffeine coffee and especially women, while the G7 Instant coffees are made for people who are too busy to brew a cup of coffee themselves. We will write a custom essay sample on Coffee or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Trung Nguyen Coffee has 3 different product items, namely Creative Coffee, Blend Coffee and Espresso Coffee. Passiona Coffee consists of 2 product item, Passiona roasted coffee and Instant Passiona coffee. As for the G7 Instant Coffees, the product items are G7 Pure soluble, G7 Cappuccino and G7 Instant 3-in-1 coffee. Lastly, product depth is the number of variants in a product item. Trung Nguyen’s product depth of Creative coffee includes the Weasel Coffee and Legendee Coffee. Also, some variations of G7 Cappuccino are the Mocha G7 cappuccino and Hazelnut G7 cappuccino. Different sizes of coffees are considered as product depth as well. For example, the G7 Instant 3-in-1 coffee is sold in 3 different sizes: a box of 18 cafe sticks, a bag of 22 sachets or a bulk pack bag of 100 sachets. Table1: Summary of product mix of Trung Nguyen | Product lines| | Trung Nguyen Coffee| Passiona Coffee| G7 Instant Coffee| Product items| -Blend coffee-Espresso coffee-Creative coffee Product depth: Weasel coffeeLegendee coffee| -Passiona roasted coffee-Passiona instant coffee| -G7 Pure soluble-G7 cappuccinoProduct epth:Mocha G7 cappuccinoHazelnut G7 cappuccino-G7 instant 3-in-1Product depth:box of 18 cafe sticksbag of 22 sachetsbulk pack bag of 100 sachets| Key attributes refer to the most important characteristics of a product. Trung Nguyen makes its point of difference through its key attributes like using the best coffee beans, unique brewing style and the new coffee concept. Trung Nguyen has a unique selling point because some coffees offered cannot be found anyw here else. Its coffees are authentically Vietnamese. For example, the Weasel coffee is produced based on the legend in Vietnam. To differentiate itself from its competitors, these key attributes must communicate benefits for consumers. The coffee offered by Trung Nguyen is of a higher quality compared to other coffee brands because they use the best coffee beans sourced from four of the world’s best coffee-growing regions. In addition, Trung Nguyen is awarded with the EureGAP certificate for its good agricultural practices such as having consistently good quality coffee beans and using environmentally friendly technologies. Coupled with their oriental secrets, consumers would prefer Trung Nguyen because their coffee is brewed much more aromatic and rich. Trung Nguyen used their new concept of coffee to set up a â€Å"Creative Coffee House† in order to differentiate itself and gain market share. It is now well-known for the innovative clubhouse whereby customers can enjoy coffee in a beautiful and sentimental ambience while experiencing Vietnamese cultural events and exhibitions. For consumers who value such innovative product services, they will choose Trung Nguyen’s coffee over the other â€Å"grab a coffee to go† coffee styles. 2) What are the roles of branding? What are the benefits of branding to sellers and buyers in the coffee market. The role of branding is to create an identity for the product. The identity created can have some personalities and can gain brand equity. Benefits of branding Some benefits of branding for sellers of the Trung Nguyen coffee are that they are able to accentuate the bases of differentiation from its competitors due to its distinct identity. They can obtain legal protection like trademarks to avoid copycats of their brand. The counterfeit products are capable of stealing Trung Nguyen’s sales when consumers are unsure of how the real packaging of coffee looks like. There is also a chance for the counterfeit coffee to ruin Trung Nguyen’s reputation. Consumers who bought the counterfeit coffee by mistake may view Trung Nguyen to be of a lousier quality instead. All this would be effectively prevented by branding because counterfeiting is an offense. Brand equity is created by branding and careful marketing. Trung Nguyen can in turn earn higher profits as consumers are willing to pay a higher price for this particular brand of coffee. Also, brand equity can lead to higher economic value of the brand, whereby it becomes an asset for Trung Nguyen when it wishes to sell its brand. Last but not least, Trung Nguyen can achieve brand loyalty through creating preferences towards their brand. If Trung Nguyen coffee is able to sustain a consistently good quality coffee product, consumers would remember the brand, spread the word around and continually purchase its coffee. On the buyers end, they may reap the most benefits from Trung Nguyen’s branding. Coffee is a convenience product and it is important to make it easy to find. Consumers will be able to correctly identify the products in a short period of time due to Trung Nguyen’s branding thus becoming more efficient shoppers. Furthermore, consumers may gain assurance of product quality and performance. Employees need to ensure products offered are of consistently good quality and so are specially trained to deliver this promise. Consumers will remain loyal to Trung Nguyen coffee because they are satisfied with this brand and have no need to search for another. 3) What constitutes the brand identity of Trung Nguyen? What is your evaluation of this identity? How can the brand identity be improved? Brand identity is the noticeable elements of a brand and also what the organization wants consumers to perceive the brand as. It constitutes of â€Å"Trung Nguyen† as its name, the logo and its tagline â€Å"Explore creative inspiration† A successful brand name should reflect the personality and values of the brand, be simple, memorable, positive and emotional. A logo is the image that embodies an organization. It is one of the most prominent branding elements that consumers will think of when someone mentions the company. A good brand logo should be memorable, futuristic and consistent and be able to portray the benefits to its target audience. The tagline must be simple and easy to remember. It also needs to remain short since the tagline is always incorporated into many marketing pieces. Evaluation of brand name: Consumers associate Trung Nguyen to â€Å"Central highlands† which refers to Dak Lak, the county capital of coffee where green coffee is grown. This gives an advantageous association between Trung Nguyen and high quality and fresh coffee beans. Also, the brand name represents the uniqueness and richness of the Vietnamese culture. However, the name Trung Nguyen does not hold any meaning for non-Vietnamese. This may alienate consumers from other parts of the world. Another bad point could be that its name is hard to pronounce for non- Vietnamese consumers. Possible improvements: Because the company’s name has been around since 1996 when it was founded, it cannot be changed otherwise the company has to build up brand awareness from scratch all over again. Thus, the company should work hard in educating people and let them understand the positive association between Trung Nguyen and â€Å"Central highlands†. For example, they could use their existing Internet website and include this under the â€Å"learn more† option. People visiting the website can then learn about the association and slowly adopt Trung Nguyen as their favourite coffee. Evaluation of logo In my opinion, the logo might be a little small and insignificant. Psychological influences such as selective exposure and retention affects consumer buying behaviour. For example, the appealing cup of coffee printed on its packaging of Creative coffee may distract the consumers from the brand name. The logo is also unattractive and boring due to the usage of dull and non-contrasting colours. The font used in the logo has little stylistic variations making it rather boring as well. Possible improvements Firstly, the logo should be scaled to a bigger size. Also, the marketing manager of Trung Nguyen can make use of brighter and more contrasting colours to make its logo more outstanding and attention-catching. The font could be changed to something cursive. This can better capture consumer’s attention thus leaving a deeper impression and resulting in better brand memory and recognition. For example Coca Cola, with its logo in a strikingly bright red background and white cursive words, is very successful at making sure that every consumer remembers it. Evaluation of tagline: Trung Nguyen’s tagline â€Å"Explore creative inspiration† consists of only 3 simple words hence should be relatively easy for everyone to remember. However, Trung Nguyen tagline is still quite foreign to people across the globe as they do not use much above-the-line marketing. Possible improvements Through the print media and mass media, Trung Nguyen can improve this aspect of its brand identity. The marketing manager could set up a Facebook page and make it known to people. Maintaining a Facebook page is relatively low-cost as compared to constant TV advertisements. Because millions of people are using Facebook, it is very effective for Trung Nguyen to get their brand identity across. Another point of improvement also through the mass media is through its online website. Perhaps the tagline can be added in the â€Å"history of Trung Nguyen† tab as it is currently not. On top of that, they can make use of emotional branding to elicit a favourable emotional response. Adding emotional words like â€Å"Happy†, â€Å"Healthy† and â€Å"Beautiful† could boost sales of their coffee. As consumers become increasingly aware of health and beauty these days, Trung Nguyen can market more of their Passiona coffee which is enriched with collagen, vitamin PP and other rare oriental herbs through its tagline. 4) What is the branding strategy of Trung Nguyen? What are the advantages and risks of this branding strategy? Trung Nguyen uses an umbrella branding strategy. Different types of coffees have a sub-brand which combines the corporate brand with a new brand. Trung Nguyen’s Passiona Roasted coffee and Trung Nguyen’s Espresso coffee are 2 examples. Advantages of umbrella branding: Capitalizing on the existing brand equity of Trung Nguyen, it can sell newly introduced products quickly. Consumers who have had a good experience with its coffee will transfer this favourable attitude to new items. For instance, Trung Nguyen’s Creative coffee may have been developed earlier than Passiona coffee. Consumers who liked Creative coffee would have a higher chance of buying the Passiona coffee because they are under the same brand and so would also be of an equally good quality. Furthermore, the Passiona coffee can be set at a higher price as consumers are willing to pay more for brand value. This can bring about additional profits for Trung Nguyen. Another advantage of using an umbrella brand is a lower advertising and promotion costs. Trung Nguyen only needs to come up with a single advertisement because its coffees share one identity. Also, because Trung Nguyen is used on all of the products, level of brand awareness is easy to raise. To name an example of a successful sub-branding strategy, Gatorade has developed and introduced Gatorade Frost, Gatorade G2, Gatorade energy bar, etc into the market and stayed popular being the leading sports drink brand in many countries. Risks of umbrella branding: In every marketing strategy there is bound to be a down side. Some risks of umbrella branding are that the failure of one type of coffee may affect the sales of the whole Trung Nguyen branded products. It is inadvisable to put all the eggs into one basket. For instance, if the production G7 Mocha had some discrepancy that caused the coffee to be too sweet, consumers may feel that the rest of Trung Nguyen packet instant coffees are as sweet and so switch over to Nescafe coffee instead. Secondly, sales of one product item may come at the expense of other items offered in the same product line. Lastly, the meaning of Trung Nguyen may also be diluted with an umbrella branding strategy. Apart from coffee, Trung Nguyen also has other product such as Green Tea, Oolong tea, etc. However, Trung Nguyen refers to Dak Lak, the county capital of coffee and so offering tea as an alternative beverage is not so relevant to the brand name.

Large International Business Development in the Context of High Political Risks

Introduction: a Global Company Exploring New Areas In light of the recent entrance into the global economy realm, Company X has been considering the necessity to enter new markets that lay outside the current geographical boundaries of the firm’s expertise. Although the Western and Northern Europe markets can be viewed as a rather favorable environment for developing business, becoming the leader in the designated areas has recently turned increasingly complicated due to theAdvertising We will write a custom essay sample on Large International Business Development in the Context of High Political Risks specifically for you for only $16.05 $11/page Learn More Significance of Expanding into Other States: New Markets The importance of expanding a company and exploring its options in foreign markets is an essential practice that leads to a significant increase in the firm’s profit. By acquiring new customers and promoting itself to a larger pop ulation., the firm is likely to Factors Defining the Firm’s Readiness to Expand Apart from the positive factors that characterise the firm as ready to enter new markets, there are several negative ones demanding that Company X should explore its options somewhere else apart from the Northern and Western parts of Europe. The increasingly high competition issues re the first and the most obvious reason. Seeing that the company operates in the industry that has already been dominated by larger and more powerful corporations, it is reasonable to assumed that Company X should consider becoming a leader in the states where competition rates are somewhat smaller. Political Risks Outside the Western and Northern Europe: Analysis Military Disturbances As a rule, the countries that are defined as developing have political reasons for lacking economical advancement. Specifically, the problems related to military conflicts coming in all sorts and shapes, from a rebellion to consistent te rrorist attacks, deserve to be mentioned. Operating in the specified conditions is very dangerous for an average organization, as he lives of its members may be jeopardized. For instance, the notorious Syrian Civil War and the involvement of Russia in the conflict, which started in 2011 and has been going on since (Schmidt 2014; Bagdonas 2012), is likely to be a major threat to the firm in case of shifting its area of operations East and considering the use of services located in the vicinity of the military zone. Apart from the obvious risk of a military attack, the company will be facing the threats of failing to meet deadlines due of the highly likely transportation issues emerging as a result of the above-mentioned attacks (Daud 2012). The insurgency in the North Caucasus can be viewed as another complicated military issue that may affect the wellbeing of Company X once it enters the designated market (Aliev 2013).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Last but not least, the current conflict in Ukraine is a significant threat to the firm’s progress. Since a big part of the state is affected by the military conflict, it will be rather complicated to carry out the key activities and at the same time facilitate the safety of all employees (Cohen 2012). Logistics Related Concerns Likewise, the need to develop an elaborate manner of managing the retrieval of the necessary supplies, the transportation of the raw materials and the delivery of the end product to the customers has to be considered. Legal and Regulatory Issues The challenges that a firm may encounter when working in the realm of the Eastern and Southern Europe environment are also related to the specific characteristics of the local legislation. Although the basic legal principles of running a business, including the necessity to promote clarity in a company and provide reports consistentl y are similar in most countries, certain states have unique legal features that may hamper the process of running a business. Effects of Political Risks on the Development of an Organization: Negative Consequences and Rare Opportunities Military Issues and Obstacles to Expansion into the Market Apart from the obvious threat to the company’s members and the challenges that the military actions carried out in the vicinity will cause for the key logistics processes, one must mention the danger of the credibility loss. Remaining in the zone of a military conflict and not interacting with either of the sides is extremely complicated. Therefore, once agreeing with the parties involved in the conflict, the company ay be accused by the supporters of both opponents of collaborating with the enemy. Thus, an inevitable drop in the amount of clientele is expected as the people in question may feel betrayed and refusing from purchasing the goods and services offered by the organization. T he constant threat, which the members of the organization will be exposed to on a regular basis, will also add to the number of negative factors that may hamper the further development of the business. Indeed, the military instability observed in the designated areas is likely to affect the staff’s enthusiasm significantly, bringing their motivation rates down. Hence, it will be imperative to introduce the strategy that will help the members of the organization regain their enthusiasm, the provision of insurance options for every single member being the primary choice to be considered.Advertising We will write a custom essay sample on Large International Business Development in the Context of High Political Risks specifically for you for only $16.05 $11/page Learn More It will be reasonable, therefore, consider the provision of numerous incentives for the staff along with a well-developed retirement plan such as the defined-contribution plan: â⠂¬Å"In a defined contribution plan, the contribution rate is fixed, but the actual retirement benefit varies† (Rejda McNamara 2013, p. 360). Once realizing that they are supported and valued by the firm, the staff members are unlikely to consider the option of resigning. Logistics Problems and the Effects on the Company’s Progress As it has been stressed above, the existing military conflict in the area is most likely to trigger huge problems in the logistics department. However, even in the countries with a lack of military attacks in its political landscape yet still developing major risks in its political development, the procurement issues, in general, and the logistics strategies, in particular, will most likely cause some problems. First and most obvious, the existence of political issues in the environment of a certain country points to the fact that the consistent improvement of its infrastructure is, probably, not the top priority on the state authorities†™ agenda. Therefore, the states with high political risk rates can have a very poor infrastructure, which will slow down the delivery of the required resources and, therefore, make the firm default on its deadlines ona regular basis. The failure to provide the promised services and goods on time may lead to a significant drop in the Company X popularity. As the number of clients shrinks, the entrepreneurship will face the risk of its net profit margin reduction (Arbogast 2013). A closer look at the countries in question will reveal that the logistics-related problems are going to affect company X in a very meaningful way. Specifically, the firm should be aware of the fact that the logistic infrastructure has not been developed in the target areas of Europeand Asia fully yet. A recent report shows that there are opportunities for the infrastructure to be developed in the nearest future, though: More and more of these materials in the future, may well reach their final destinations via the Southern – South Eastern ports such as Gioia Tauro, Taranto, Pireaus, Thessaloniki, or the main ports of the Black sea. This will result in an additional shift in the connecting inland freight transport towards these areas. (Giannopoulos 2005, p. 8) Nevertheless, the current state of infrastructure in the target areas is quite deplorable.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Legal Problems: Corruption and Inadequate Laws Needless to say, operating in the environment of a foreign country presupposes complying with the rules an regulations that are accepted in the designated state. Herein the significance of carrying out a large investigation of the target market’s functioning specifics lies. Unless the key characteristics of the laws that the designated states are operated by are identified, Company X will be unable to provide its services to the target denizens of the population. A closer look at the legal problems that may emerge in the target areas will reveal that most of them are stricken by corruption. The specified problem can be deemed as rather difficult to deal with as it will require the ability to reconsider the financial policy of the organization and at the same time reduce the possible costs to a minimum. The specified approach is often viewed as middle ground between complete compliance with the corrupted system of the country and the avoidance of following the existing unspoken rules: Some companies employ the strategy of social contributions and public donations as an alternative to both avoidance and compliance. For example, sometimes bribes are presented as agent fees or fees for public services that might not otherwise be available. (Doh et al. 2003, p. 123) The approach in question can be deemed as a fairly reasonable as it helps the entrepreneurship retain its ethical integrity and at the same time helps it fit into the target market without conflicting with the people and organizations that control it. While the specified strategy will require profound diplomatic skills and stellar negotiation abilities, it can be considered the best opportunity for Company X in the target market (Tao Zhenji 2014). In addition, the criminal issues in some of the states in question may jeopardize the successful development of the firm. For instance, according to a recent study, a range of the South Eastern Europe stat es have been known notoriously for the drug trafficking problem: The continued prominence of the Western Balkans in heroin trafficking, despite the existence of more direct routes through South East Europe and, indeed, the fact that traffic must leave the EU in order to enter these countries, points to the existence of substantial criminal logistics in the region. (Drug situation analysis report: South Eastern Europe 2011, p. 9) Therefore, it can be assumed that the corruption rates are dangerously high in the specified region. Apart from the criminal issues, the overall corruption rate seems rather bearable. Risk Management in the Designated area: Tools to Address the Issues Insurance as the Key tool for Safety Promotion The significance of insurance can hardly be underrated in the environment of a foreign market. Therefore, exploring the existing insurance options is a must for the Company X. According to a brief overview of the target area, the firm should consider the provision of insurance to its staff firsthand. Seeing that the reduction of costs is the current goal of the entrepreneurship, the split liability concept deserves to be mentioned (Hiduke Ryan 2013). Transitional Economy and Its Effects on the Firm’s Progress The transnational economy is linked directly to the firm’s progress as the further promotion of the organization’s services and goods is likely to make it famous worldwide and open new opportunities for increasing its profit margin by becoming an essential part of a foreign market. Gaining power in the Western and Northern Europe is quite problematic due to the obvious prevalence of other companies offering similar services and being established there for an impressive amount of time (Ayub et al. 2014). Evolving in the Realm of Military Disturbances There is no secret that the Eastern and Southern parts of Europe have been affected by devastating conflicts that have been going on for quite long. Particularly, the tw o current issues that have been persistently reiterated in both traditional and modern media, the conflicts in the North Caucasus and Ukraine should be viewed as the major obstacles in the company’s evolution in the specified areas (Foxall 2014). In addition, the fact that the staff is likely to refuse from operating in the areas that are deemed to be under a military strain needs to be addressed. Apart from the obvious financial incentives, the provision of perfect retirement options and the facilitation of a completely safe environment for carrying out the key operations, the Company X must use the concept of the Corporate Social responsibility (CSR) as the basis for promoting the required behavioral pattern and convincing the staff members to deliver the most efficient performance possible (Mermod Idowu 2013). Because of the complicated political situation of the target market areas, the necessity for the staff members to make a choice of either being committed to the org anization or leaving it will ultimately emerge. Therefore, it is imperative for the well-being of the firm to make sure that the staff’s loyalty rates should be very high and that the ethical principles that their decisions are based on should be in line with the code of ethics promoted by the organization. Thus, there is a strong necessity to establish the principles of CSR in the organization. Defined as the understanding of the role that one plays in the company, the values thereof and the ethical principles that the organization holds as the foundation for its decision-making, as well as compliance with the specified principles (Bonetti Masiello 2012), CSR can be viewed as the ultimate tool for reinforcing the significance of corporate values and promoting responsibility among the staff members. It is quite remarkable that â€Å"SCR is not a traditional management tool† (Bonetti Masiello 2012, p. 9), as a recent study says, yet it seems to have become the foundat ion for most companies’ functioning in the global economy realm. In other words, the promotion of the given concept will help the organization convince the employees to accept certain ideas and values so that the further steps made by them in the realm of the Eastern and Southern Europe economy should be based on the specified values. Once the priorities are set straight, a streak of success can be expected. Reducing the Risk of Transportation Issues The dents in the current infrastructure of most Eastern and Southern Europe areas presuppose that the risks relate to logistics in general and procurement in particular will have to be reduced significantly. As far as the process of the company’s operations in the designated markets is concerned, it is essential that Company X should be able to use the services of the trusted organizations (Shenkar, Luo, ‎ Chi 2014). In addition, it is imperative that the firm should consider the idea of splitting liabilities with a partner company. Because of the incredibly high risk rates, the further process of investing in the project will have to be supported by a partner organization. Thus, a considerable number of costs will be cut significantly. According to the existing definition, the concept of a split liability is one of the most popular tools for bringing the risk rates down (Surminski 2012). Addressing Legal Concerns: Locating Regulatory Solutions As stressed in the recent reports, the Entire Europe can be deemed as the area affected by corruption to an extensive degree (Vachudova Spendzharova 2012) Particularly, the issue of bribery deserves to be listed among the primary issues that have to be addressed. Therefore, it is important to learn to adjust to the existing situation by reconsidering the current financial policy. There is no need to stress the fact that fighting corruption, let alone in several states at once, is beyond impossible; it is insane for an organization that does not have a g lobal influence and cannot use the support of the local authorities. As a recent study points out, the latter may assist the firm in avoiding the situations in which bribery or any other forms of extortion (Osuagwu 2012). The specified characteristics of the target areas of the firm’s operation, therefore, defines the further course of actions for the company. Particularly, the entrepreneurship leaders will have to consider creating strong business ties with the local authorities and the key governmental representatives. As a result, the issue regarding money extortion will be addressed adequately. Before the cooperation with the local government members is arranged, however, Company X will have to get ready for taking extra expenses. Conclusion: Further Steps to be Taken Summary A brief overview of the current situation in the eastern and southern areas of Europe has shown that there is a strong need to design a well put together risk management strategy due to the unique an d rather challenging environment that the company will have to operate in. Among the key problems to address, high corruption rates, a range of ongoing military conflicts, and a very poor infrastructure need to be listed. Recommendations The management of the above-mentioned problems is possible with the introduction of the principles of CSR and an elaborate choice of partners, a financial approach and an insurance strategy. Particularly, the firm will have to reconsider the current set of values that the employees use to make the company-related decisions. Moreover, a range of incentives for the staff members, including an expanded insurance option, have to be suggested so that the company members could retain their loyalty rates. Finally, it is crucial to reconsider the current financial policy due to the large possibility of spending much on developing the necessary relationships with the local authorities and the possible business partners (especially in the logistics and procur ement area). Reference List Aliev, H 2013, ‘Socio-Political and socio-economic causes of conflict escalation in the North Caucasus’, Ethnopolitic pPapers, vol. 25, no. 1, pp. 3–31. Arbogast, S V 2013, Resisting corporate corruption: cases in practical ethics from Enron through the financial crisis, John Wiley Sons, New York, NY. Ayub, A, Razzaq, A, Aslan, M, Iftekhar, S H 2014, ‘A conceptual framework on evaluating SWOT analysis as the mediator in strategic marketing planning through marketing intelligence’, European Journal of Business and Social Sciences, vol. 2, no. 1, pp 91–98. Bagdonas, A 2012, ‘Russia’s interests in the Syrian conflict: power, prestige, and profit’, European Journal of Economic and Political Studies, vol. 1, no 1, pp. 55–77. Bonetti, E, Masiello, B 2012, ‘Attracting RD foreign direct investment through an evolutionary model of place marketing. The case of Ireland’, International Journal of Management Cases, vol. 16, no. 4, pp. 4–17. Cohen, A 2012, ‘A threat to the West: the rise of Islamist insurgency in the Northern Caucasus and Russia’s inadequate response’, Backgrounder, vol. 1, no. 2643, pp. 1–17. Daud, S 2012, ‘Peace situation in the Middle East and the oil and water resources: a descriptive study’, Interdisciplinary Journal of Contemporary Research in Business, vol. 5, no. 3, pp. 492–524. Doh, J P, Rodriguez, P, Uhlenbruck, K, Collins, J, Eden, L 2003, ‘Coping with corruption in foreign markets’, Academy of Management Executive, vol. 17, no. 3, pp. 114–127. Drug situation analysis report: South Eastern Europe 2011. Web. Foxall, A. 2014, ‘Beyond Ukraine, Russia is already at war’, Forbes. Web. Giannopoulos, G A 2005, ‘Main transport challenges in South Eastern Europe, after enlargement’, European Transport, vol. 1, no. 30, pp. 3–13. Hiduke, G R yan, J 2013, Small business: an entrepreneur’s business plan, Cengage Learning, Boston, MA. Mermod, A Y Idowu, S O 2013, Corporate social responsibility in the global business world, Springer Science Business Media, Berlin. Osuagwu, L 2012, ‘Conceptualization of corruption in business organizations’, American International Journal of Contemporary Research, vol. 2 no. 5, pp. 18–25. Rejda, G E, McNamara, M J 2013, Principles of risk management and insurance, 12th edn, Pearson, Upper Saddle River, NJ. Schmidt, N 2014, ‘Neither conventional war, nor a cyber war, but a long-lasting and silent hybrid war’, Obrana a strategie, vol. 14, no. 2, pp. 73–86. Shenkar, O, Luo, ‎Y, Chi, T 2014, International business, Routledge, New York, NY. Surminski, S 2012, Reflection on the current debate on how to link flood insurance and disaster risk reduction in the European Union, Center for Climate Change Economics and Policy, Geneva. Tao, Z Zhen ji, Z 2014, ‘Coordination mechanism and negotiation model to resolve conflict of communication virtual service in information network corporation’, International Journal of Grid Distribution Computing, vol. 7, no. 3, pp. 167–176. Vachudova, M A Spendzharova, A 2012, ‘The EU’s cooperation and verification mechanism: fighting corruption in Bulgaria and Romania after EU accession’, SIEPS, vol. 12, no. 1, pp. 1–21. This essay on Large International Business Development in the Context of High Political Risks was written and submitted by user Jenny Andrews to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Return on Investment for Your Time

Return on Investment for Your Time I touched on this subject in another post earlier this year, but I want to hammer it here. You are a writer. Your time is torn between the keyboard and marketing yourself (not to mention your private life and whatever job is subsidizing your endeavors). Your time is money. Its ALWAYS money, so dont throw it away. So when you decide to get involved in any writing activity, you must be able to measure the return on investment. Whats it worth in terms of your annual income for you to get involved? Conferences Dont go without a mission. What will you bring home from this event? While youll make friends the purpose isnt social. Its business. What will you achieve here that makes it worth your money AND the time away from your writing? Is the conference too large for your taste? Do they provide answers to exact topics you need? Do you need an agent and do they provide one that fits your genre? Measure a conference from all angles before attending. Signings Will you be the only person at a poorly advertised event, selling three books in as many hours? Or is it well-advertised with expectations of good sales? Yes, it is controllable and predictable. If it isnt, someone isnt doing their job. Mass signings Theres a trend to gather as many authors as possible together and meet in some venue to sign. However, if there are as many authors as attendees, or even 30 authors and 200 attendees, will you sell enough books in that day (or two) that will justify the travel and cost? What are the genres represented? How much advertising has been done? How many books have sold at these events in the past? How much percentage of your sales do you have to pay for the privilege? Book Fairs These little events can net huge rewards, or reap nothing. Know the event. Keep it as local as possible, both diminishing expense and capitalizing on the homegrown author reputation. Classes What are the teachers credentials? What do previous students say about the class? How much is the fee and how much time will you have to invest? How will you specifically implement this class into your writing plans? Webinars What are the presenters credentials? What are they selling? Does the program fit into your schedule AND your writing plan? Be wary of impulse-to-buy deals. Book Clubs Believe it or not, these little gems often pay for themselves. Not only does the club choose your book (meaning sales to the members), but they may pay you an honorarium to attend. And since the members already read one of your books, you have the chance to promote your others in personand offer to autograph them while youre there! Ask the club what they expect to learn more. They love to talk about themselves. Advertising Know before purchasing advertising how others have fared. Are you better off paying for advertising or writing twenty guest blog posts and stealing your writing time? What is the net profit for each of your books so you can determine how many books you must sell to justify the expense. Dont play if you dont know. To know how to calculate your investment, to determine whether to participate or not, you do your homework, and thats where most writers fall short. They listen to whats said on Facebook or in chatrooms and dont actually research the events/activities themselves, thinking they dont have the time. There is no excuse for not doing your homework. Not with all the information readily at your fingertips as you sit so comfortably at your desk. To say you can or cannot afford to do something should mean you have the knowledge of why, to include the pros and cons of how it accurately can aid or inhibit your career . . . or pocketbook. –Hope Clark TWITTER Â  http://twitter.com/hopeclark AUTHOR SITE chopeclark.com FACEBOOK Â  facebook.com/chopeclark GOODREADS Â  goodreads.com/hopeclark BOOKBUB Â  https://www.bookbub.com/authors/c-hope-clark

Persuasive speech - why people shouldn't eat fast food Essay

Persuasive speech - why people shouldn't eat fast food - Essay Example Not only that, these foods simply do not just promise to help save time and cost, but they simply provide good taste too. These are the common reasons why fast food are widely consumed from different walks in today’s fast-paced life. Fast foods simply provide advantages that are tantamount to resuscitating an individual from a hectic schedule, financial and economic needs and preferences on foods. However, it is important to consider that together with these advantages, there are also corresponding disadvantages associated with eating fast food. These disadvantages are enough to stand as reasons why people should not eat fast food. These reasons are the following. According to Hales (149) many fast foods are high in salt, fats and calorie but with very low content of beneficial nutrients. Although a person’s body also requires salt, fats and calorie, there is only minimal amount of them which is needed by the body. For instance, the National Research Council (11) stated that the sodium requirement of the human body especially for adult ranges from 0.15 to 0.30 mg because the daily requirement per kilogram body weight is 0.002 to 0.004 mg. Fats and calories on the other hand are necessary for the right body functioning but they must be in small amounts too (Hart and Grossman 66). Let us now build the very foundation of this argument. Freedman (14) reported that there is a strong association between eating fast food and the likelihood of acquiring obesity. This is supported by the claim of Lusted (33) based on a case study in which the respondent was able to gain around 11 kg in a 30-day experiment of eating consecutively McDonald’s foods. Although this experiment would point out that obesity and fast food is a case of personal responsibility, it cannot be substantially denied that fast food can ultimately help a person gain considerable weight. After all, as stated earlier, fast foods

Business - Return on Equity Essay Example | Topics and Well Written Essays - 750 words

Business - Return on Equity - Essay Example The duty of corporate management is to effectively manage these three components so investors are convinced beyond reasonable doubt that they can indeed get good Return on Equity should they invest in the organization. In the same vein, investors can also foresee the ability of the management to do a proper job as regards their investment purposes. The calculation of return on Equity is based on one year’s worth of earnings which is then divided by the shareholder equity for that particular year. These earnings are usually obtained from the financial statements of the company or from the Statement of Earnings which are computed on the end year basis (Graham and Dodd 90). It must be remembered that ROE is one of the most critical factors that determine the viability of an organization with regard to investment purposes. Investors are normally very keen in the figure as it clearly indicates the progress of the company as a function of capital investment. In its basic assessment, Return on Equity simply reveals how much a company earned and how this profit relates to the shareholders equity in the company. A higher ROE is therefore suitable for a company on the basis of investment as it will attract more investors. In the same vein, a low ROE is an indication that the shareholders equity is not sufficiently compensated as a consequence of the low profits earned. Any investor in the present age is certainly inundated with myriad information which they are expected to analyze and make proper decisions on whether to invest or not. That creates much of the trouble considering that investment is a very critical decision to make and not all investors are well versed in accounting issues. It therefore creates the need to present information in a manner that even the laymen in accounting can effectively comprehend. Such is the importance of ROE which eliminates the trouble of wading through loads of information in the analysis of a company (Swanson and Marshall 56- 8). In most cases, people merely look at the plain earnings of a company which do not in any way reveal any sign of success. Return on equity on the other hand, clearly encompasses the previous earnings retained from the other years which serve to inform the investors of how effective the reinvestment process is. The management’s fiscal adeptness is clearly seen in the ROE analysis as compared to other measures like annual earnings per share. In an increasingly competitive and risky financial environment, each and every investor seeks to realize the highest return without taking chances with risks. It is critical to realize that the investment decisions are made on the basis of a company’s returns. Thus, a company with a ROE of 10% in the present year may not necessarily attain the same level of profitability in the next year. However, if the history of the company reveals such a trend, an investor may as well conclude that the future years will reflect the past and ca n then make the decision to invest or not. A major challenge that underlies the usage of ROE is its sensitivity to leverage. It increases with greater amounts of leverage if proceeds from debt refinancing are reinvested into the business at a rate greater than the borrowing rate. The ROE can also overstate the economic value of the business is the situations of depreciation and in projects with longer lifespan. The investment decision of any firm is normally a function of many factors the most

School Workload and Sleep Deprivation in Adolescent Tardiness Research Paper

School Workload and Sleep Deprivation in Adolescent Tardiness - Research Paper Example Student’s Study Time and Their Homework Problem (Zuzanek, 2008) explores the students’ workloads, its demographics, trends, and its personal implications for the student’s well-being. The study explores the relationship of the study time the students spend (both at school and at home) and the so-called â€Å"homework problem† raised by North Americans. It is interesting to know from the study the possible reasons behind tardiness related to the time spent by students at school, though no direct analysis was stated in this study between school workload and tardiness. This should provide a vague understanding on what might a student experiencing heavy school workload for them to consider being tardy in classes. Both independent (study time) and dependent (â€Å"homework problem†) variables used in this study are broadly defined, but may provide valuable information for this paper. The participants in this study used time diaries programmed with  "beeper self-reports† wherein they log their activity, its importance and interest, their location, people around them, affect, feelings of time pressure, willingness to do anything else, and will take place when they were signaled by the â€Å"beep†. ... This research measured the student’s study time (also in comparison with other countries) and the determinants of what was called â€Å"homework problem†. However, the article did not further discuss the â€Å"class time problem† even if it mentions its greater urgency than â€Å"homework problem† in when students prefer to do anything else; perhaps it is already beyond the focus of the paper. Psychosocial Aspects of Truancy in Early Adolescence (Nielsen & Gerber, 1979) investigated the aspects of truancy among the selected 33 truants within those individuals, their families, their peers, and their school teachers and administrators. The independent variables are the psychosocial aspects while the dependent variable is truancy. This study presents an interesting concept of truancy, for even if it is a different concept from tardiness, it does have a common similarity: the former speaks of absence from school in terms of school days while the latter deals w ith the absence from school in terms of school minutes or hours. Caution must be exercised not to consider tardiness as a less harmful form of truancy, as these concepts are perceived to be completely different, as truancy is likely intentional while most cases of tardiness is not, though students disliked their habit of being truant. This study used different methods in extracting the psychosocial aspects of truancy, namely interview to the truants and school administrators, analysis of the school data of the incidences of truancy, grades, test scores and attendances of the truants under study. The sample truants were scheduled for interview using a 60-90 minute

Human Resource Management Models in Healthcare

Human Resource Management Models in Healthcare John Murphy Baltazar Molina Assess the impact and the purpose of applying strategic human resource management models in a healthcare organisation. Assess the impact of human resource management activities in an organisation. The Impacts of Human Resource Management (HRM) Activities in an Organisation Human Resource Models Contingency Model Contingency model is a type of model that believes that there is no best way to lead a company, to make decisions, or organise an organisation. Instead, the ideal course of action is contingent upon the external and internal situation. A contingent leader efficiently relates their style of leadership at the right time and in the right situation. Organisations are open system that requires cautious management to balance and satisfy internal needs and to cope to environmental conditions. The suitable management rest on the type of duty or environment that is being dealt. Nevertheless, it is essential for management to be concerned, above all else, with achieving good fits and balance. In general, human resources refer to the whole workforce within an organisation and structural contingency theory is concerned with the whole workforce (Armstrong, 2011). In a wider sense, human resources can direct a specific department within the organisation. This may include hiring the qualified people for the job, addressing complaints, dealing with low productivity and resolving conflicts. These challenges all involve putting structural contingency theory into practice. David Guest Model David Guest Model considers that a key policy goal for human resource management is strategic integration (Armstrong, 2011) by which he indicates the organisation’s capability to integrate human resource management matters into strategic procedures, to deliver for line managers to join a human resource management view into the decision making, and to guarantee that the several facets in human resource management adhere. The Guest Model of Human Resource Management (Source: Armstrong, 2011) The central idea of David Guest Model is that human resource management practices must be intended to create high-quality personnel who are flexible and has commitment to the organisation. Employees that are committed and bound to the organisation are vital in human resource management outcome. The assertion of the Guest model that it is higher than the others is partially acceptable in the logic that it visibly draws out the field of human resource manager and describes the outcomes and inputs. But then again, because of the complexity of the dynamics of people management no model (including the Guest model) can capture them broadly. Best Practice Model Johnson (2000) specifies, that the greatest practices are described as human resource approaches and systems that have additive, positive, and universal effects on organisational performance. This meaning is linked to the point that the best practices that the organisation hires, each will augment to the previous, thus compounding the organisation’s resulting performance The Best Practice model would lead to a high performing work system because of it presents the idea to enhance the employees’ knowledge and ability in a just recruitment and training process. In addition, this model indicates to motivate desired behaviours through strong incentives which employees would be happy and be motivated to work hard and be dedicated to work in the organisation. Also, it encourages ideas and contribution from motivated and better trained workers. No man has a monopoly of knowledge, so every idea, opinion, or feedback should be welcomed to improve. Human Resource Management (HRM) Activities Job Analysis There is a developing interest in concentrating on the competencies that individuals need in order to execute jobs rather than on the duties, responsibilities, and tasks comprising a job. Organisations should invest in their employees by not overloading them with responsibilities. The point here is that when an employee is overloaded with responsibilities they tend to miss small things which could be of value in the end. Human Resource Planning Human resource planning is when managers endeavour to anticipate problems that will impact the future demand and supply for employees. It is crucial to have adequate human resource information systems to provide timely and accurate information for human resource planning. Employee Recruitment Compliance with countries laws and regulations about equal employment opportunity affects all other human resource activities and is essential to human resource management. For instance, strategic human resource plans is obligated to guarantee adequate availability of a variety of individuals to meet affirmative requirements. Employers should be resourceful in recruiting applicants by posting on the internet or making ads on public places. Employee Selection Employee selection is an activity wherein the human resource managers assess the applications of the applicants. This is a crucial activity because the employers should select the best and qualified applicants on the list. All employers should be fair in hiring people by accepting them based on their qualifications and not because of other reasons like same race or family friend. Performance Appraisal Performance appraisal is a term used to describe the process set by an organisation to ensure all employees are aware of the level of performance expected of them in that role (HRINZ, 2011). Performance management system is in place in most organisations. For instance, an organisation is conducting trainings for their employees to be updated of the universal safety precautions. Human Resource Development As our work change and evolve, on-going retraining is necessary to accommodate technological changes. It is essential to prepare organisations for future challenges by boosting development of all employees including managers and supervisors. Compensation Compensation is payment to an employee for their contribution to the organisation, that is, for doing their job(McNamara, n.d.). The most common forms of compensation are salaries, wages, and salaries. Organisations typically associate job description with compensation ranges in the organisation. The ranges comprise the maximum and the minimum sum of money that can be made per year in that role. Benefits Employee benefits usually refer to retirement plans, life insurance, vacation leave, health insurance, and many more. In addition, benefits are more likely a form of value, other than payment, that is given to the employee to repay their contribution to the organisation, that is, for doing their job. Some benefits, such as unemployment and workers compensation, are federally required (McNamara, n.d.). Industrial Relations Industrial relations are multidisciplinary field that studies the mutual aspects of the employment relationship (VUW Career Development and Employment, 2010). It is increasingly being called employment relations because of the importance of non-industrial employment relationships. In addition, industrial relations are concerned with the social justice of decent work and unbiased employment. Most of the people often consider industrial relations as unionised employment situations and labour relations, but it is more than that. Industrial relations cover issues of concern to managers and employees at the workplace, including workplace management strategy, bargaining, participation and employee representation, union management cooperation, job design, workplace reform, skill development, and new technology (VUW Career Development and Employment, 2010) Health and Safety Programs The mental and physical health and safety of the employees are critical concerns. The traditional apprehensions are health issues arising from hazardous work with certain chemicals and newer technologies (Armstrong, 2011). Through a wider focus on health, health resource management can support employees with substance abuse and other problems. Employee wellness programs can help to promote exercise and good health should become more widespread. Manage Diversity Workforce diversity acknowledges the reality that people differ in many ways, invisible or visible, gender, marital status, social status, sexual orientation, disability, religion, ethnicity, personality, and culture (Armstrong, 2011). Effective diversity management has been historically utilised to deliver a legally defensible position towards charges of discrimination. Timesheet Management A timesheet is also known as the roster or schedules made by managers for all the employees including themselves. Making the timesheet is also a vital task by the human resource managers. They need to put workers on every shift and make other options to fill those who are on leave. The Impact of Harvard Framework Model to the HRM Activities There are two characteristic features of human resource management (Armstrong, 2011). Firstly, managers take added accountability for guaranteeing the alignment of personnel policies and competitive strategy. Secondly, employees has the task of following the policies that direct how personnel activities are developed and implemented in ways that make them more mutually reinforcing. The Harvard Framework has applied substantial impact on the practice and theory of Human Resource Management, mainly in its emphasis on the point that Human Resource Management is the apprehension of management in general rather than the employees function in particular. The Harvard Analytical Framework for Human Resource Management In addition, it is based on central philosophy and planned vision. It involves management decisions and actions reflecting the relationship between the firm and its employees. It emphasizes on the importance of proper management of the human assets of an organisation to promote harmony and hence promote the output. The Harvard framework of human resource management views employees as resources (Armstrong, 2003). This type of method distinguishes the section of mutuality in all kinds of businesses. In an organisation employees are considered significant stakeholders. They have their personal needs and concerns alongside with other groups such as customers and shareholders. Currently, many pressures are demanding a more comprehensive, more strategic, and broader perspective with respect to the human resources in an organisation. Managing people in a long term perspective and treatment of people as possible assets rather than simply a variable cost have been generated because of these pressures. The Contribution and Importance of Strategic Human Resource Management The influence of HRM strategy on organisational strategy Nowadays, the success of the organisation basically depends on the capabilities and experience of its members (Kumar, 2011). An organisation may have the technology and capital, but it is human resources that will support organisations take on challenges of business globalization. Technology can be produced and capital can be generated. But the human resources needed in an organisation that can manage the coming challenges must be rightly and properly motivated and encouraged. The Influence of Human Resource Management Strategy on Organisational Performance Human resource managerial strategies shown by organisations pursuing to progress organisational performance have been categorised in two broad kinds depending on their basic character being oriented to the rise of human resources’ level of skill or else of the grade of participation of personnel in the performance of the firm and organisational strategy. Labour productivity and organisational performance are positively related to diverse features of HR management systems (McGrath, 1996), such as recruitment and selection, training programs, performance evaluation, compensation and benefits, and innovative practices. Similarly, some research has shown that firms characterized by the use of the above practices outperform those that display inflexible HR strategies within the same economic sector. The Influence of Human Resource Management Strategy on the Alignment of Organisational Strategies Majority of the organisations consider the department of human resources as an managerial aspect and disregard the opportunity and need to align it within the strategic plans (Righeimer, n.d.). In situations where human resource is involved in the strategy of the organisation, its alignment doesn’t exceed the projecting function. Because the human resource does not hold a seat at the strategic planning table it is not aligned with the strategy of an organisation. The irony with the human resource being left behind in the strategic planning is that by its nature, human resource is about people, which is the strategic plan and fundamental of an organisation. My assumption is that it is difficult to measure the success of human resources and thus it is thought to be soft and not significant in the development of a strategy. What is measured gets done and obtains the authority to donate in an organisation’s strategy. The Impact of Strategic Human Resource Management on the Policy Making in an Organisation Employee Influence The method in which organisations manage their employees is considered a vital factor in assisting success or even failure for an organisation in today’s competitive setting. The core key to an organisation’s prosperity and effectiveness depends on how employees are managed, therefore, allowing it to have a competitive advantage versus other organisation. My assumption is that when an organisation or its human resource manager will provide company bonuses, benefits, and a good compensation to their employees will benefit from an effective and motivated workforce. This is because organisations that shows a keen interest in their employees and promote commitment based strategies through various HRM practices will benefit the most as they will see lower levels of employee turnover (The WritePass Journal, 2014) Work Systems One of the core principles of strategic HRM is to evaluate how the performance of an organisation is influenced by the way employees are managed (Farooq, 2013). Several measures have been implemented in human resource practices that have been tested to progress the effectiveness of the employees and to anticipate higher standards of organisational performance. Most of these methods include high commitment work system, high standard work structures, high performance human resource management and work systems. No matter the possibilities these systems may vary in the method of improving the employee efficiency, their conjoint track is that organisations can attain high performance by accepting practices that leverage and recognise employees’ ability to make value. To generate an all-out impact these practices are most operative when they are applied in groups because of their joint effects on performance. Reward Systems Reward management is about controlling and examining employee remuneration, compensation and all of the other benefits. Reward management targets to generate and proficiently function a reward system for an organisation. Reward system typically contains pay practices and policy, payroll and salary management, minimum wage, total reward, team reward and executive pay. References Armstrong, M. (2003). A Handbook of Human Resource Management Practice 9th edition. Retrieved from http://books.google.co.nz/books?hl=enlr=id=2AGbuhlTXV0Coi=fndpg=PR17dq=harvard+framework+model+of+hrmots=ZmKpYHrRC8sig=fUfPlB4Grf2P5tmsZKwdMAHaQsw#v=onepageq=harvard framework model of hrmf=false Armstrong, M. (2011). Armstrong’s Handbook of Strategic Human Resource Management 5th edition. Retrieved from http://books.google.co.nz/books?id=kJfSzYIBpWwCprintsec=frontcoverdq=Strategic+Human+resource+Management:+a+Guide+to+actionhl=ensa=Xei=pXiCU6r8KsXLkgWr74CADwved=0CFYQ6AEwBA#v=onepageq=Strategic Human resource Management: a Guide to actionf=false Brewster, C. and Mayrhofer, W. (2012). Handbook of Research on Comparative Human Resource Management, Cheltenham: Edward Elgar Publishing Inc Farooq, S. (2013). Strategic Human Resource Management – High Performance Work System. Retrieved from http://gemconsulting.wordpress.com/2013/04/27/strategic-human-resource-management-high-performance-work-systems/ Human Resources Institute of New Zealand. (2011). Performance Appraisals and 360 Degree Feedback. Retrieved from http://www.hrinz.org.nz/Site/Resources/Knowledge_Base/I-P/performance_appraisals.aspx Kumar, N. (2011). The Influence of Organisational and Human Resource Management Strategies on Performance. Retrieved from http://www.performancexpress.org/wp-content/uploads/2011/10/Vol45_04_18.pdf McGrath, R. (1996). ‘Improving Labour Productivity: Human Resource Management Policies do Matter’, Strategic Management Journal 17(5): 335-354 McNamara, C. (n.d.). Employee Benefits and Compensation (Employee Pay). Retrieved from http://managementhelp.org/payandbenefits/index.htm?PHPSESSID=900e2200ce5dd66bf5c5a7252da24633 Righeimer, J. (n.d.). Aligning Human Resources Strategic Plans. Retrieved from http://www.maverickec.com/index_files/Aligning HR Strategy epulse.pdf The WritePass Journal. (2014). How can HRM Practices Influence Employee Commitment and Overcome High Employee Turnover. Retrieved from http://writepass.com/journal/2012/12/how-can-hrm-practices-influence-employee-commitment-and-overcome-high-employee-turnover/ Victoria University Wellington (VUW) Career Development and Employment. (2010). Human Resource Management and Industrial Relations. Retrieved from http://www.victoria.ac.nz/st_services/careers/resources/career_publications/career_view/hrm_and_ir.pdf 1

nationalism :: essays research papers

Founded in 1965 by Ron Karenga, US emerged in Southern California shortly after Watts exploded into a riot and Malcolm X was assassinated. As nationalist sentiment grew among African American organizations because of the impact of Malcolm X, US established itself as a cultural nationalist group. It called for racial unity and for black people to free themselves from white oppression by embracing a "recovered" African culture. For US, that meant Kawaida, a quasi-religious system of beliefs and rituals advocating black pride, unity, culture and self-defense. Upon becoming a member or "advocate" of US, a person was given a Swahili name, urged to wear African clothing and immersed in the group's complex doctrine, practices and organizational hierarchy. Karenga, a budding scholar of African studies who was fluent in Swahili, constructed Kawaida, says Brown, by adapting rituals and beliefs -- primarily from the Zulus of South Africa -- to the organization's own rituals, beliefs and holidays. Kwanzaa, a holiday created by US in 1966, is now observed by millions of African Americans. Brown's portrait is historically sharp and honest. He includes a discussion of the damaging effects of sexism and of Karenga's cult of personality. Brown's research is also sensitive to misconceptions that have plagued US' past, such as the name standing for "United Slaves." The name, Brown says, simply "stands for Black People: the pronoun 'US' as opposed to 'them,' the white oppressors." Brown's study of US emerges as a keen observation of how a relatively small group became a central force in a mass movement through its ideological influence. "The group's approach to organizing," Brown writes, "which resisted mass recruitment into its ranks . . . saw no need for a large membership. Their goal was to ideologically influence other organizations with its united- front approach, and thus direct the course of the coming 'cultural revolution. ' " Brown illustrates this best in the section "The New Ark Laboratory," in which he cites US' alliance with writer-activist Amiri Baraka and several organizations in Newark, N.J., which not only helped elect the city's first black mayor but also turned Newark into a stronghold for the Kawaida doctrine when US fell into decline in the early '70s. Brown is equally attentive to the stumbling blocks faced by US. For instance, the section "Operational Unity and the US-Panther Conflict" gives a dynamic history of the escalating tensions between US and the Black Panther Party, as well as Karenga's political missteps that jeopardized US' anti- establishment credibility. nationalism :: essays research papers Founded in 1965 by Ron Karenga, US emerged in Southern California shortly after Watts exploded into a riot and Malcolm X was assassinated. As nationalist sentiment grew among African American organizations because of the impact of Malcolm X, US established itself as a cultural nationalist group. It called for racial unity and for black people to free themselves from white oppression by embracing a "recovered" African culture. For US, that meant Kawaida, a quasi-religious system of beliefs and rituals advocating black pride, unity, culture and self-defense. Upon becoming a member or "advocate" of US, a person was given a Swahili name, urged to wear African clothing and immersed in the group's complex doctrine, practices and organizational hierarchy. Karenga, a budding scholar of African studies who was fluent in Swahili, constructed Kawaida, says Brown, by adapting rituals and beliefs -- primarily from the Zulus of South Africa -- to the organization's own rituals, beliefs and holidays. Kwanzaa, a holiday created by US in 1966, is now observed by millions of African Americans. Brown's portrait is historically sharp and honest. He includes a discussion of the damaging effects of sexism and of Karenga's cult of personality. Brown's research is also sensitive to misconceptions that have plagued US' past, such as the name standing for "United Slaves." The name, Brown says, simply "stands for Black People: the pronoun 'US' as opposed to 'them,' the white oppressors." Brown's study of US emerges as a keen observation of how a relatively small group became a central force in a mass movement through its ideological influence. "The group's approach to organizing," Brown writes, "which resisted mass recruitment into its ranks . . . saw no need for a large membership. Their goal was to ideologically influence other organizations with its united- front approach, and thus direct the course of the coming 'cultural revolution. ' " Brown illustrates this best in the section "The New Ark Laboratory," in which he cites US' alliance with writer-activist Amiri Baraka and several organizations in Newark, N.J., which not only helped elect the city's first black mayor but also turned Newark into a stronghold for the Kawaida doctrine when US fell into decline in the early '70s. Brown is equally attentive to the stumbling blocks faced by US. For instance, the section "Operational Unity and the US-Panther Conflict" gives a dynamic history of the escalating tensions between US and the Black Panther Party, as well as Karenga's political missteps that jeopardized US' anti- establishment credibility.