The Relationship between Logistics Strategy and other Corporate Strategies :: Business and Management Studies:

The Relationship between Logistics Strategy and other Corporate Strategies Worldwide LOGISTICS For worldwide firms, depict the connection between coordinations procedure furthermore, other corporate procedures in the territories of innovation, advertising furthermore, fabricating. * Logistics frameworks fill in as the worldwide foundation whereupon different frameworks work * Logistics frameworks in itself give a wellspring of upper hand * Understanding the administration needs of clients in areas around the globe to build up a compelling promoting, fabricating and coordinations systems to fulfill the necessities of the client * Managing coordinations as a framework, shortening lead times when conceivable and moving towards the utilization of â€Å"focused† industrial facilities that produce restricted product offerings * Manufacturing †is a technique where one or a couple of plants are assigned as the overall provider/s of a given item or product offering What are the significant components of the dynamic jewel recommended by Michael Porter? Which do you feel are generally essential to the achievement of organizations working internationally? * Major component of the dynamic jewel: 1. Factor conditions †nation’s capacity to change its essential components (eg. Assets, training or foundation) into serious advantage 2. Request conditions †showcase size, purchaser refinement, and media presentation of accessible items 3. Related and supporting ventures †may remember accomplices for the flexibly chain, co-packers and additionally co-makers, or advertising and conveyance go-betweens 4. Organization system, structure and contention †showcase structures and the nature of local rivalry  · Each factor contributes extraordinarily and is fundamental to the accomplishment of organizations working both internationally and locally. The productive utilization of every one of these components are what makes a company’s achievement shockingly better. Portray the pretended by delegates in worldwide coordinations frameworks. For what reason are delegates not required in household coordinations frameworks?  · Intermediaries help assume an a lot bigger job in worldwide coordinations activities  · Provide lower transportation unit costs than producers would be ready to accomplish  · Some of the middle people jobs are creation, item and backing coordinations, client contact, exchange handling, neighborhood the executives what's more, hazard the executives  · Plays a vital job in helping new and set up organizations adventure into the worldwide field

How to Write Abstract For Research Paper

How to Write Abstract For Research PaperYou may be wondering how to write abstract for research paper. There are a number of strategies you can use to write this document that will help you in your attempt to gain recognition and visibility. For instance, by putting in a personal statement about why the reader should read your paper, you will also add weight to your writing.As soon as you start your research paper, ask yourself what do you want your audience to know about the subject matter of your work? What could they possibly learn from your research? While these questions will help you prepare for your research paper, you can also use the information you get from your questions to make up the rest of your abstract. When you have a well-written study abstract, you will not only impress your readers but also come across as professional.While writing the abstract, you will need to provide facts about the specific study you are going to discuss. In addition, you will need to answer a few specific research design questions so that you can prove that your work is worth reading. You can have the answers to these questions ready before starting the paper.You can use prior research to back up your conclusion. However, when you take your previous work into account, keep in mind that your conclusion is not based on another person's work. It should be based on your own results. Therefore, you should give enough details about your work so that you can back up your conclusions with solid facts.If you can fit in an introduction or conclusion, you can include an example paragraph to support your conclusion. Most readers will be too busy reading the rest of your paper to bother with your introduction. Therefore, if you include a table of contents, it will also save readers time.This section of your abstract should be short and to the point. You do not need to introduce the authors and/or describe the rationale behind your research. Simply state your purpose for writing the paper and then focus on that area. You can also use a hypothesis statement to discuss the next stage of your research.As a conclusion, you can discuss a general conclusion. You can indicate how many other studies are being done on the same question. If it is something that is still fresh and new, mention that fact. Finally, indicate how people can contact you for more information.As you can see, there are some important things to know about how to write abstract for research paper. This is just the tip of the iceberg though. By mastering these skills, you will find yourself having a better chance of writing impressive abstracts.

Mun Unoosa – Topic: Space Junk – Country: Sweden

Jasmin Fashami 14 November 2012 United Nations Office on Outer Space Affairs Sweden Space Junk UNOOSA †Sweden A. Foundation of Topic 1. Space garbage, additionally knownâ space flotsam and jetsam andâ space squander, is the assortment of articles in orbit around Earth that were made by people however not, at this point fill any valuable need, which can comprise of everything from old deadâ satellites to blast and crash sections. These items frequently cover the direction of new space transports or satellites, which can cause a potential crash hazard, harming the equipment.Space garbage presents a danger not exclusively to space issues, yet in addition to issues here on earth; albeit most flotsam and jetsam will wreck in the climate, bigger articles can arrive at the ground flawless and present a hazard. The ISS has needed to fix various satellites and spaceships circling the earth because of the harm brought about by space garbage, causing them millions. Despite the f act that the UNOOSA has distributed rules for countries to follow in wants to lessen the measure of room garbage, the UN despite everything has numerous issues that should be talked about and secured because of this developing issue. . Countries that are legitimately included and influenced by this issue incorporate the USA, China, France, Germany, India, Italy, Japan, the Russian Federation, Ukraine, the UK, and others. 3. As per the U. S. military's Space Surveillance Network, there are roughlyâ 22,000 bits of orbital debrisâ larger than 4 inches at present in the peripheral air, which incorporate broken satellite parts and exhausted rocket bodies. As these sections travel through space, they present crash dangers to the ISS and the approximately 1,000 working satellites in orbit.Many episodes have just happened, for example, in February 2009, a U. S satellite was struck by a non-operational Russian satellite. The effect crushed the two rocket and made huge dust storms and garba ge. â€Å"If we proceed, as we have, to utilize these extremely well known circles in close Earth space, the thickness of flotsam and jetsam and crash occasions will unquestionably increase,† Marshall Kaplan, an orbital trash master inside the Space Department at the Johns Hopkins University Applied Physics Laboratory in Laurel, told SPACE. com. Operational satellites will be decimated at a disturbing rate, and they can't be supplanted. We should get ready for this apparently unavoidable event,† Kaplan said. B. Joined Nations Involvement 1. Investigators originally got mindful of a developing space flotsam and jetsam issue in the mid 1960s. Be that as it may, February 2009 was the point at which the UN first truly engaged with this issue. The UNOOSA â€Å"called all Member States and worldwide associations to completely actualize measures to check space flotsam and jetsam following the impact of an idle Russian satellite with an operational one from the USA. This was t he principal serious issue between nations with respect to this issue. 2. A few associations, panels, offices, and NGOs that are engaged with the developing issue remember the United Nations Committee for the Peaceful Uses of Outer Space, the United Nations Office of Outer Space Affairs, the European Space Agency, the National Aeronautics and Space Administration, and the Defense Advanced Research Projects Agency, and the Inter-Agency Space Debris Coordination Committee. 3.Every year, the COPUOS invites Member States to submit writes about national research in regards to space garbage and issues of crashes with space garbage. Despite the fact that there is no global bargain commanding nations to limit space debris,â in 2007, the United Nations Committee on the Peaceful Uses of Outer Space distributed deliberate rules for countries to follow. The UNOOSA needs to keep on passing more rules and rules in regards to space garbage, and organizations like NASA to be increasingly min dful of the flotsam and jetsam and the issues they are emitting.Many techniques have been proposed to take care of this issue, yet at long last, the universal network needs to step up and set forth more activity before the issue deteriorates. C. Nation Policy 1. Sweden has set up a wide-going space organization that has 40 years' involvement with helping space associations, organizations and research associations access space, called the SSC, or the Swedish Space Corporation. This organization has examined and built up various goals to many space issues, for example, space flotsam and jetsam. . Sweden accepts that space garbage in Earth’s climate is a developing issue and is attempting to stop the harm it is causing. 3. On March nineteenth, 2012, Sweden, through the SSC, propelled the REDEMPTION Experiment at the REXUS/BEXUS Esa Educational Program, which is acknowledged under a common understanding between the German Aeroscope Center and the Swedish National Space Board. Rec lamation represents â€Å"Removal of Debris utilizing Material with Phase Transition IONospherical tests;† it is at present a work in progress.In request to battle space flotsam and jetsam and a potential, up and coming heartbreaking occasion known as Kessler Syndrome, many research bunches are creating advancements ready to move space garbage into a wellbeing circle utilizing a recently updated froth. Sadly, right now, a reasonable framework has not yet been found. 4. Sweden is as yet proceeding to move in the direction of the REDEMPTION try, whose primary objective is to propose another framework dependent on a splash froth that solidifies.This can be utilized as a connection among satellites and flotsam and jetsam and should work in space conditions †this will maintain a strategic distance from future impact among trash and space hardware. Works Cited http://esa. int/SPECIALS/Space_Debris/SEMQHL05VQF_0. html http://redemptionteam. blogspot. com/p/about-reclamation. ht ml http://space. com/16289-space-garbage worldwide reaction. html http://sscspace. com/rexus-12 http://un. organization/applications/news/story. asp? NewsID=29908&Cr=outer+space&Cr1#. ULGS8Ie7OSp

The Harmful Effects of Video Games on Children - 275 Words

The Harmful Effects of Video Games on Children (Essay Sample) Content: Running Head: THE HARMFUL EFFECTS OF VIDEO GAMESThe Harmful Effects of Video Games on ChildrenCustomer Inserts His/her NameUniversity NameIntroduction and Background:Children of todayà ¢Ã¢â€š ¬s age of technology are completely different and unique from the ones belonging to traditional times. When emphasis is made to traditional span of time, it is meant 15 to 20 years from the present time. However, a period of 2 decades have considerably transformed the entire way of living a child is supposed to live and dwell at that specific phase of time. Among those living perspectives, there include many facets of their lives, including, food, school activities, home work doing attitudes, social interactions, playing schedules, sleeping routines and a lot others. But, at present scale of time, one of such impactful transformation that has been occurred in the overall lives of children, is at their attitude towards playing video games.As far as, playing video games does enha nce and develops substantial scale of motor skills and coordination factors in children on one hand, it does have many harmful and negative affects on the overall personality of children on the other hand as well. Therefore, playing typical video games in the form of Xbox, Play stations, Nintendo and etc, do have some critical scale of harmful effects on the well being of children lives. Hence, development of violence streak in children mindset, putting them socially isolated from their colleagues and friends and causing a considerable scale of health hazards in children physique and mental condition, are some of the major adverse affects of playing video games by teenage children at present age of technology.Violent effects of video games:Majority of video games are repeatedly targeted for the instances of violent behavior and attitudes, it tends to develop and sharpen on the typical mindsets of children. Children who are actively involved in playing typical scale of violent or ag gressive video games on daily basis, are more keenly to have developed a range of insights into their internal mental conditions. And they would include conditions and affects pertaining to enhanced aggressive thoughts, attitudes, violence, aggravations, feelings and behaviors, and on the other hand, a lower side of pro social assistance insight, in favor of the society they live in (Marcovitz, 2011).Moreover, the interactive nature and outlook of video games, is another reason of creation of violence streak and behavior in kids mental environment. Most of these video games environment, further aggravates the kidà ¢Ã¢â€š ¬s emotional framework in a way that they are being rewarded more often in the games for acting and reacting in a more violent manner. Consequently, kids will be awarded with more games points, bonuses and gifts as well and thus, their motivation to continue performing in such a way would become firm and strong.In addition, the child is given with complete sca le of control and management of violence in video games environment and thereafter, they repeatedly experience such act of violence in front of their bare eyes, including, killings, slapping, kicking, and shooting, beating and stabbing various creatures, enemies and monstrous figures built in these games. However, this mode of active participation, enjoyment, repetition of violence, along with the sufficient structure of reward schemes in games, becomes effective tools for the development of prime learning behavior and attitudes for kids (Raise Smart Kid, 2014).Similarly. such set of experiences and dangerous traits, being developed in children through their interaction with video games, consequently provides many outrageous affects in the real world scenarios. As many of them might think that the world is the scenario of game and thus, they are free to kick, hit, shoot and kill anyone, whom they donà ¢Ã¢â€š ¬t like and vice versa. Therefore, a creation and arousal of sense of viol ence and overloaded aggression, among children mindsets via playing video games, can be termed as a worried some facet on the part of their parents and teachers. Hence, these children must be carried away with proper consulting and guidance session, in their home and school atmosphere in order to minimize the harmful affects of video games in their real life scenarios so that any unwanted situations can be pro actively prevented.Social isolation:Another possible evils which has been spread, through the wide usage of video games among the children, is the lack of social interaction and gatherings and thus, making a child completely isolated in terms of social participation. Many Childs who are actively involved in playing video games for more than 4 to 5 hours in a day, substantially gets addicted and over occupied. And thus, they would not wish or desire to do any other stuff or activity other than playing video games. For example, they may try their best to spend lesser time in ot her useful activities, including doing homeworkà ¢Ã¢â€š ¬s, sufficiently eating food, reading books or novels, doing sports, and most importantly, interacting with friends, siblings and family members.Furthermore, during their spare time, for instance, when power is off or when they are travelling, they would also be pre occupied in imaging that what might be the next stage of game they are currently playing or following and how they would be performing in next stage of games and vice versa (Christopher, 2014). Hence, the after affects of video games can be further worsened on these child mindsets, if possible remedial actions are not taken on timely basis, because social isolation is in itself a kind of disease and much dangerous for healthy well being of a children.Health issues and poor performance:Witnessing of increased health related problems in children, is another emerging side effect of playing video games on unreasonable hours in a day. If a child rigorously spends all h is or her available or free time span in a day, playing different video games, and simultaneously skips their meals, not sleeps properly and this is all due to excessive and unwanted game play schedules, then such an addiction of video games could affect a child healthà ¢Ã¢â€š ¬s in a negative manner. Consequently, they may have to face with rather severe and intense health conditions, which can permanent affect their healthy mental, emotional and physical conditions. Some of these health related problems in these kinds of child, may includes, obesity, postural, blood clotting, mental sickness, narrow thinking perspectives, video induced seizures, muscular problems and various kinds of skeletal disorders as well.Most importantly, obesity is among the most commonly found health related problems in these kids, because if a child who spend more than three to four hours consecutively in a day, sitting in front video games or TV, as compare to performing any physical exercise, may suffe r from the disease of obesity in a childhood ...

Breeders Pet Food Case Study Essay - 1294 Words

Breeder’s Own Pet Foods Case Analysis Arnell M. Carmichael Bellevue University MBA 652: Marketing Strategy Professor Dr. Doug Brown 03/23/2013 Case Recap There are three main categories of dog food: dry, canned and treats. In 2011 the sales of dog food totaled somewhere in the arena of 14 billion dollars. Endeavoring to bring new dog food to an already established market can be a â€Å"daunting† task, especially when that particular dog food is frozen. Breeder’s Own Pet Foods as a whole has realized how diverse the dog food market is; however, brokers within this conglomerate believe that the true organic potential of this marketplace has yet to be â€Å"tapped† into effectively. With an ever-changing push toward becoming†¦show more content†¦Effectively, Breeder’s Own Pet Foods will have to find an effectual manner in which it will overcome objections to frozen dog food, price of their food in contrast to their competition (350 various brands) , targeted geographic location and methodology they will utilize to successfully market their product to the world (Kerin Peterson, 2013). Identifying the Root Problem Components The over-arching problem that Breeder’s Own Pet Foods has is which marketing-strategy would best serve as a vehicle for entry into the dog food retail business. Additionally, it has to select the most prominent geographic location (s) for distribution of its product. Another root problem component is how to get the supermarkets to stock and distribute this dog food since it is in the frozen category and may not appeal to traditional dog food buyers because they don’t readily associate dog food with frozen goods. Since Breeder’s Own Pet Foods does not have any Brand Equity, they must win the â€Å"hearts and minds† of its consumers by performance, availability and pricing. To accomplish this feat, it must train the minds of its patrons to begin to shop in the frozen department for organic dog food. Without the latter two suggestions, Breeder’s Own Pet Foods may have unsuccessfulShow MoreRelatedCase 2 Breeder s Own Essay1231 Words   |  5 Pagesï » ¿Marketing Strategy Team 2/Case Study 2 September 15, 2015 Breeder’s Own Pet Foods, Inc Breeder’s Own Pet Foods, Inc is a major producer of dog food for show-dog kennels in the United States. Their executives viewed the retail dog food market as a growth opportunity and would like to begin by introducing their product; Breeder’s Mix dog food into the Boston area in 2011. Breeder’s Mix dog food is a nutritionally balanced, frozen dog food that is among the costliest to produce. Their product

The City Of Chicago, Illinois - 1378 Words

The city of Chicago, Illinois has a total population of 2,695,598. The largest population out of my three cities, the population is composed of 31.7 percent non- Hispanic whites and the second largest contributor to the city’s total population is Non-Hispanic Blacks with 32.4 percent. Hispanic or Latinos consist of 28.9 percent of the population. I have chosen this city as an immigrant city due to the sheer numbers of Hispanic population. Another reason it was chosen as such, was because out of the 2,695,598 people there are 572,416 foreign born people and out of that total Hispanic origin people consist of 28.4 percent. This is not looking into the naturalized citizens and the non-citizen’s percentages of those who are foreign born, I†¦show more content†¦These new comers arrive to Chicago in the hopes they could get a better lifestyle, but fail to have the appropriate requirements to legally work causing the unemployment rates to rise. The city’s hike in population also has caused a major construction of housing units, but there seems to be a substantial disconnect between the increase in homes and the decline of occupied homes. This could be contributed to the fact that perhaps that although more homes are being built the population cannot afford to occupy them. The city of Chicago may also have such a successful population (in terms of quantity) due to the grid system of the streets. It has been proven that a city with a stable and easily comprehensible grid system is more likely to succeed no example of a city we can see that had a decline is Detroit of part of its failure was due to the structuring of the city. The city of New Orleans, Louisiana has a total population of 343,829. The smallest population total out of all my three cities, the population declined by 140,845 people from 2000-2010. This is taking into account the divesting damages hurricane Katrina (2008) left behind. The Hurricane misplaced many people, homes an d jobs. The city of New Orleans consist of 30.5 Non-Hispanic whites and an immense 59.6 percent Non-Hispanic Black population. This percentage of Non-Hispanic Blacks being centered in one area caused some controversy because it is/was believed that this was the

Importance of Emotional Intelligence-Free-Samples for Students

Question: Discuss about the Emotional Intelligence. Answer: Emotional intelligence can be defined as the arena of the cognitive ability that plays an important role in facilitating interpersonal behavior. Popular psychologist as well as behavioral science journalist namely Dr. Goleman had been responsible for popularizing the term emotional intelligence (Serrat 2017). He has described it as the ability of an individual to manage his feelings actively so that feelings are expressed in proper ways. According to him, emotional intelligence can be considered as one of the single largest predictor of success at workplace. One of the most important components of emotional intelligence is self-awareness. Persons with high self-awareness are able to understand their own strengths and weaknesses (Schutte and Loi 2014). They also have proper ideas about their own skills and understand how their actions affect others. The second component is called self-regulation that is mainly the ability of the individuals to control emotions as well as impulses. Tho se professionals who can self regulate never allows themselves in becoming jealous or expressing anger and disappointment. They never become impulsive and careless decision taker. They take time and think properly before they act (Ouyang, Sang and Peng 2015). The characteristics that they show are integrity, thoughtfulness and similar others. The other important components are motivation as professionals who have high level of emotional intelligence are self-motivated. They are seen to be not only resilient but they are also driven by their inner ambition. They are not influenced by external forces like money and similar others. Empathy is another component of emotional intelligence. Such a professional usually has compassion and he can easily connect with different people in workplace on an emotional level (Carusso et al. 2015). This helps them to provide response to other peoples concerns genuinely. Another important skill is social skills. Emotionally intelligent people can easil y be able to develop trust with other people. They are also able to gain respect from other people by applying their social skills of communication and develop harmonious relationships (Murphy 2014). I believe that emotional intelligence plays a great role in determining success of an individual in the workplace in maintaining harmony among the team members. This also helps an individual in ensuring proper development of bonding among members of the team, and hence better workplace climate is maintained. An individual with high emotional intelligence can control their emotions effectively and in turn help in maintaining themselves in ways where they are positively perceived by others (Martin et al. 2016). This is the first reason why this topic impresses me as I believe that this would make me a better person and a better professional. I believe that many of us proceeds through the life making important decisions that usually remains based on our current circumstances. In many situations, we perceive certain conditions in workplace to be beyond our abilities to change and thereby we tend to limit many solutions as well as options (Vratskikh et al. 2016). Therefore, I believe that taking time out, reflecting, and examining the reasons of our activities help us to lead lives, which are determined, by conscious intentions rather than circumstances alone. The emotional intelligence thereby plays an important role in affecting the quality of the lives as the components influence different behaviors and relationships in different situations. Therefore, this becomes my second reason to like this topic. This topic is interesting to me (third reason), as I believe that if I am able to develop a high level of emotional intelligence, I will be able to communicate successfully with others and thereby cause reduction of anxiety and stress. I can diffuse conflicts at workplace and thereby help in improving relationship among different members, which are very important for, maintain effective teamwork. Empathizing with each other helps in developing connections with other colleagues that tends to realize pressure, tensions, and even several queries during teamwork thereby empowering team members to get over their emotional instability and produce better productivity. I believe that if every individual in the workplace can develop better emotional intelligence, they will be able to achieve better teamwork and better workplace environment. They can also make adjustments easily and they would become much flexible even if change management is implemented in periods of crisis (Joseph et al. 2015). If I am able to master all the traits of emotional intelligence, I can successfully promote myself one-step further in becoming one of the most able leaders in the organization in my future. An employee who has low emotional intelligence results in negative impacts in the workplace. This leads to poor morale among the team members. A low emotionally intelligent professional shows behavior that include not being able to accept critical feedback. He would blame others for his mistakes and pass on passive as well as aggressive comments. They are also seen to provide opinions that are not relevant to the company of the teams. They also play victims in order to escape issues. This sort of behaviors affects the working climate resulting in obstruction in the smooth flow of the work and in low productivity on the floor (Njoroge and Yazdanifard 2014). I want to develop as an individual who has high self-awareness, self-motivation and self-regulation capabilities. This would help me to realize my own strengths and weakness in addition to my own actions that are affecting my team members. My self-awareness capability would help me to handle constructive criticism and help me to le arn from my mistakes. If I am able to develop self-regulation skills, I can reveal and control my emotions while interacting with team members. I will also be in the position to exercise restraint whenever such situations arise. Only money or titles will not be able to motivate me. I will be motivated by my own integral larger ambition. When I will encounter any sort of disappointment, I will be able to possess the ability to be optimistic and resilient. This will prevent me from losing my confidence and be able to stand upright in any critical situations properly. I also want to develop myself as an empathetic employee who has compassion and understand the human nature properly. This will help me to connect with my peers and team members at an emotional level. I will respond genuinely to other colleagues that will help in developing the environment of the workplace. This will help me in better relationship building with all the team members where there will be easy sharing of views , concerns and issues. This will in turn help the employees to be efficient in their work and provide better productivity and effective teamwork. I have a role model whom I look upon in the domain of emotional intelligence. He is the CEO of Amazon and has a high level of intelligence. He shows obsession in getting into the hearts as well as in the mind of the people and for this he uses emotional intelligence as the primary weapon. Howard Schultz of Starbucks is known to love his company. He even shows love to them by offering them healthcare benefits (Ashkanasy and Daus 2017). Therefore I believe that if I am able to develop my emotional intelligence, I can work more effectively with others helping all in achieving the organizational goals. References: Ashkanasy, N.M. and Daus, C.S., 2017. Emotional intelligence in the workplace. Personality and Individual Differences,6(2), p.163. Caruso, D.R., Salovey, P., Brackett, M. and Mayer, J.D., 2015. The ability model of emotional intelligence.Positive psychology in practice: Promoting human flourishing in work, health, education, and everyday life, pp.545-558. Joseph, D.L., Jin, J., Newman, D.A. and O'boyle, E.H., 2015. Why does self-reported emotional intelligence predict job performance? A meta-analytic investigation of mixed EI.Journal of Applied Psychology,100(2), p.298. Martin-Raugh, M.P., Kell, H.J. and Motowidlo, S.J., 2016. Prosocial knowledge mediates effects of agreeableness and emotional intelligence on prosocial behavior.Personality and Individual Differences,90, pp.41-49. Murphy, K.R., 2014.A critique of emotional intelligence: what are the problems and how can they be fixed?. Psychology Press. Njoroge, C.N. and Yazdanifard, R., 2014. The impact of social and emotional intelligence on employee motivation in a multigenerational workplace.International Journal of Information, Business and Management,6(4), p.163. Ouyang, Z., Sang, J., Li, P. and Peng, J., 2015. Organizational justice and job insecurity as mediators of the effect of emotional intelligence on job satisfaction: A study from China.Personality and Individual Differences,76, pp.147-152. Schutte, N.S. and Loi, N.M., 2014. Connections between emotional intelligence and workplace flourishing.Personality and Individual Differences,66, pp.134-139. Serrat, O., 2017. Understanding and developing emotional intelligence. InKnowledge Solutions(pp. 329-339). Springer, Singapore. Vratskikh, I., Al-Lozi, M. and Maqableh, M., 2016. The Impact of Emotional Intelligence on Job Performance via the Mediating Role of Job Satisfaction.International Journal of Business and Management,11(2), p.69.

United Arab Emirates and Norway Economies

United Arab Emirates and Norway Economies: Comparative Analysis Introduction According to Central Intelligence Agency or CIA (2015a; 2015b), both Norway and the United Arab Emirates (UAE) are countries that heavily rely on oil and gas sector of their economies. Natural oil resources have given both countries an impetus towards fast development and, as a result, their economic indices appear to be among the highest.Advertising We will write a custom essay sample on United Arab Emirates and Norway Economies specifically for you for only $16.05 $11/page Learn More In this paper, the economic factors of the two countries are analyzed, and their policies are described; some assumptions about their future development are presented, and a conclusion about their diversification decision is made. Countries Overview. Microeconomics Figure 1: Current GDP in Norway and UAE, $US, 1990-2015 (World Bank 2015). Microeconomics is the part of the economics devoted to the individual sectors and companies within a country’s economy. We shall provide a short overview of the factors that are relevant for the countries’ economy and certain economic factors. A more holistic view of the economies will be presented in the next part of the paper (Gottheil 2013). The UAE is a union of the emirates of Abu Zaby (Abu Dhabi), ‘Ajman, Al Fujayrah, Ash Shariqah (Sharjah), Dubayy (Dubai), Ra’s al Khaymah, Umm al Qaywayn; the state was created in 1971 with the capital in Abu Dhabi (CIA 2015a, para. 2). UAE purposefully avoided the â€Å"Arab Spring†. The country is the third-largest OPEC producer, but the country has been attempting to reduce its dependence on the oil resources quite successfully (Carpenter Khan 2015). The area of UAE includes only land 83,600 km2 with 4.6% of the land involved in agriculture.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The labour force of the country amounts to 4.891 million people, and 78% of it is employed in the services sector. The population of UAE is a peculiar resource. 70% of the UAE population is concentrated in Abu Dhabi and Dubai; 16% are in Sharjah (UAE NQA 2013, p. 3-4). What is more important, no more than 20% of the country’s population is Emirati. Expatriated people make up the most of the country’s workforce. The country exports crude oil, natural gas, dried fish, dates, and reexports. Imports include machinery and transport equipment, chemicals, and food (CIA 2015a, para. 1-6). The industries of UAE include ‘petroleum and petrochemicals; fishing, aluminium, cement, fertilizers, commercial ship repair, construction materials, handicrafts, textiles’, and the industrial production growth rate is 3.5% (CIA 2015a, para. 6). Figure 2: GDP growth in Norway and UAE, %, 1990-2015 (World Bank 2015). According to CIA (2015b), after a thousand y ears worth of unions, Norway was granted independence in 1905. In the 1960s, oil was discovered in the country’s adjacent waters which boosted its economy. Norway is a member of NATO, European Economic Area, and Organisation for Economic Co-operation and Development (OECD). The land area of Norway is 304,282 km2; water area equals 19,520 km2; 2.7% of the land is involved in agriculture. The Norwegian economy is a mixed one, and the country is described as a prosperous one. The country’s economy is dependent on the natural resources, primarily the petroleum sector (30% of the country’s government revenue); other resources include fish, minerals, timber, and hydropower. The countries’ industries include ‘petroleum and gas, shipping, fishing, aquaculture, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles’, and the industrial production growth rate is 0.8% (CIA 2015b, par. 6). The labor force equa ls 2.724 million, and about 77% of it is involved in the services sector while 20% are involved in the industrial sector.Advertising We will write a custom essay sample on United Arab Emirates and Norway Economies specifically for you for only $16.05 $11/page Learn More The country exports ‘petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish’ and imports ‘machinery and equipment, chemicals, metals, foodstuffs’ (CIA 2015b, par. 6). Social safety of Norway is very much emphasised. Conclusions The two countries differ significantly: they are situated in different climate zones, have been existing for different amounts of time, had had to deal with different historical events. Norway appears to be richer in natural resources; its area is larger, and the country possesses some water area. At the same time, the UAE possesses more workforce. The industrial production growth rate is higher for UAE. A specific feature of UAE is its ethnically diverse workforce. The main similarity between the countries is their continuous reliance on the petroleum sector. Macroeconomics Measuring Economy The key parameters that are most often used to â€Å"measure† the economy of a country include gross domestic product (GDP), and gross national income (GNI) (Gottheil 2013). Apart from that, the consumer price index (CPI) and unemployment rates will be demonstrated for the economies to explain their economic situation and policies. National Income and National Accounting Figure 3: GNI in Norway and UAE, current, $US, 1990-2015 (World Bank 2015). GDP measures ‘what is produced and earned in domestic economy’ or the ‘total value of all final goods and services, measured in current market prices, produced in the economy during a year’ (Gottheil 2013, pp.87, 493) Gross national income (GNI) includes GDP, but it also takes into account the income that has been gain ed by the migrants (the income earned from abroad by the citizens of the country and the income earned by the immigrants from the country, the latter is excluded).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Figure 1 (World Bank 2015) demonstrates the current GDPs of the countries while Figure 2 (World Bank 2015) shows their growth rate. Figure 3 (World Bank 2015) and Figure 4 (World Bank 2015) show the current GNIs and their growth. The current account balance of the UAE is $48.45 billion, and the current account balance of Norway is $42.33 billion. UAE GDP per capita is comparable to that of world leading economies, and Norway has been outperforming UAE for the past decades for all the mention indices. However, it is obvious that UAE growth rate used to be significantly higher than that of Norway and has only been lower during the 2009 crisis. It is true that UAE used to rely on oil and global finance and, as a result, the impact of the crisis was rather severe for the country (CIA 2015a, par. 2). To change it, successful diversification was carried out, and the contribution of oil and gas contribution to GDP was reduced to 25% (CIA 2015a, para. 6). The Cost of Living Figure 4: GNI g rowth in Norway and UAE, %, 1990-2015 (World Bank 2015). The consumer price index is ‘a measure comparing the prices of consumer goods and services that a household typically purchases to the prices of those goods and services purchased in a base year’ (p. 836). It is connected to the inflation level which is an increase in price level, or, the ‘measure of prices in one year expressed in relation to prices in a base year’ (p. 842). The inflation data is demonstrated in Figure 5 (World Bank 2015). It is obvious that currently the inflation rate is falling for both countries after a significant rise that had obviously followed the crisis. Figure 6 (World Bank 2015) shows that the CPI of the two countries is practically identical and is rising slowly but steadily. Unemployment and Relevant Measures Figure 7 (World Bank 2015) demonstrates the population of the two countries; Figure 8 shows the data from CIA (2015a; 2015b) concerning the unemployment rate for yo ung people. According to CIA (2015b), the population of Norway is 94.4% Norwegian and, as of 2012, amounts to 5,207,689 with the growth rate of 1.13% and birth rate of 12.14 births per 1,000 people. Migration rate is more than seven migrants per thousand; the ranking of the country in this respect is 16. The current total youth unemployment rate is 8.6%. According to OECD (2015b), the main difficulty concerning the employment in Norway is the steady increase of long-term unemployment (28% in 2012); still, the figure is lower than the average among OECD countries (36%). According to OECD (2015a), the social spending of Norway amounts to 22% of GDP. The poverty rate in Norway is rather low for the members of the group, equalling 0,08% in the same age group (OECD 2015a, para. 12). Figure 5: Inflation: GDP deflator in Norway and UAE, annual, %, 1990-2015 (World Bank 2015). As of 2015, the birth rate in UAE is 15.43 births per 1,000 people with the population growth rate at 2.58%. The g rowth of the population was in many ways conditioned by the expatriates; the Emirati is 19% of the country’s population, the rest being of South Asian, Arab and Iranian, and other origin (UAE National Qualifications Authority [UAE NQA] 2013, p. 3; CIA 2015a, para. 4). Total unemployment for the youth of the UAE amounts to 12.1% (CIA 2015a, para. 4). Conclusions The countries’ indices performance can be described as very satisfactory. One could also say that the UAE growth indices appear rather promising. Still, it is noticeable that the development is slowing down for both countries which can be attributed to the changes in the world economy, for example, the oil prices fluctuations. Macroeconomic Policy choices The key economic policy choice of UAE is the motion towards the diversification of the economy (Rahman 2015). Norway has been acknowledging the importance of diversification as well (CIA 2015b). Apart from that, Norway seems to be especially concerned with inno vation and social protection policies (OECD 2015a). This fact appears to demonstrate the desire of Norway to invest in the most valuable resources: its people and future technology. UAE is similarly interested in addressing its population issues, particularly the problems of unemployment and the difficulties connected to the unusually high percentage of immigrates and expatriate labour force. Managing diversity in such a context is an unusual and challenging issue. Apart from that, UAE is obviously aimed at growth, and the high rates of GDP growth demonstrate that the country is being successful in this respect. Forecasts Figure 6: CPI in Norway and UAE (2010 – base year), 1990-2015 (World Bank 2015). The forecast of the future economic development of UAE is determined by two factors: the positive one, Expo 2020 being held in Dubai, and the negative one, the fluctuations of the oil prices. Expo 2020 Winning the right to hold the EXPO 2020 in Dubai is important for UAE from t he cultural, economic, and political perspectives (Levick 2015). From the point of view of the economy, it should be pointed out that preparing for Expo demands labour force which means that more than 277,000 jobs are expected to be created in the period between 2013 and 2021 (Churchill 2013, para. 1). The tourism sector is expected to experience the biggest impact of the event; similarly, other sectors like building, telecommunication, IT, and transportation have the chances of being positively affected (Churchill 2013). Apart from that, talent, which is a less measurable but still very valuable resource, is being attracted to UAE. All of these factors are bound to have a positive impact on UAE economic development. Oil Prices As a result of increased US oil production and the general slowdown of the economy, the oil prices have decreased significantly. The resulting oil price of $50 per barrel is admittedly a challenge for the world economy and, in particular, for UAE (Rahman 2015 ). The low oil prices affect the stock market of UAE as well as those of other oil-exporting countries (Hanware 2015). According to the Economy Minister of UAE, the country has managed to â€Å"make up† for the oil price fluctuations with the help of previously established international funds. He also points out that the oil price situation highlights the importance of the country’s diversification processes (Rahman 2015, para. 5). The fuel prices in UAE are currently subsidised, but it appears that the government has decided to change it, claiming that it is unreasonable for a rich country (Carpenter Khan 2015). Aggregate Supply and Demand Figure 7: Total population in Norway and UAE, 1990-2015 (World Bank 2015). Aggregate supply is the ‘total supply of goods and services that all firms in the national economy are willing to offer at varying price levels’, while aggregate demand is the total ‘quantity demanded of these goods and services by househ olds, firms, foreigners, and government at the varying price levels’ (Gottheil 2013, p. 468). The aggregate demand curve is downward-sloping: as the prices increase, the demand declines. For aggregate supply, the curve is different: at first, the increase in prices does not affect it while corresponding to the growing GDP; then supply starts to grow while at a certain point the GDP stops increasing. Aggregate demand changes with the fluctuations in demand that can be caused by ‘changes in government spending, foreign incomes, and consumer or firms’ expectations about the future’ (Gottheil 2013, p. 471). As the demand increases, its curve shifts to the right, with the decrease it shifts to the left. For aggregate supply the shift is similar; it changes depending on the availability of resources (Gottheil 2013, pp. 471-473). Let us attempt to apply this information to the current situation in the UAE market. Aggregate Supply and Demand: Oil Prices and Expo T he Expo is likely to increase (or to have increased already) the aggregate demand in UAE; the result of that is the shift of the curve to the right and the rise in prices. At the same time, with the oil prices decreasing, the market players are bound to experience doubts in the future development of the economy. Such nervous excitement may affect the demand in a negative way. Given the fact that Expo has been influencing the demand for two years while the oil prices have been an issue for a year only, the situation may be still heading towards balance. At the same time, it should be pointed out that the Expo could result (and probably has resulted) in the increase of supply. As more resources were demanded, more resources have been supplied; apart from that, the participation of foreign partners is, technically, a specific feature of an Expo (Levick 2015). The aggregate supply and demand for UAE are most certainly destabilised right at the moment. The future of the country is uncert ain, although the prognosis is most certainly positive. Forecast In general, as suggested by The Economist Intelligence (EI) Unit Limited (2015), the GDP growth of UAE is to amount to around 3.6% in the next four years and is going to be â€Å"softened â€Å" by the oil prices falling (par. 1). Economic diversification will be further encouraged since the validity of this policy has been proven by the current situation. According to The Economist Intelligence Unit Limited (2015), the business environment in UAE will improve in the next four years as a result of the ‘improvement in infrastructure and more open trade and investment policies’ (par. 5). Figure 8: Unemployment rate in Norway and UAE (%, for youths), 1990-2015 (World Bank 2015). As for Norway, the diversification of the country, as well as its generally high performance with respect to various economic parameters, allows one to suggest that the country is going to manage the current oil prices situation. S till, given the fact that Norway does rely on the petroleum sector rather heavily, it is bound to experience the drawbacks of the oil prices fluctuations. Its performance may slow down, but it is believable that despite this the country will continue its social and innovation policies. The Education Sector According to OECD (2013), the public education in Norway is free (except for the pre-kindergarten classes), while both public and private institutions gain funding from public sources; tertiary institutions are autonomous in allocating them. In 2010, 84% of students attained secondary education, and 47% chose to proceed with tertiary education; both figures are slightly higher than the average for OECD. The school students’ performance is ‘higher-than-average’ in OECD countries, and it keeps increasing (OECD 2013, p. 5). The gender performance gap is in favour of girls. Norway attempts to provide students with equal opportunities, which has been reflected, for example, in the kindergarten reform of 2004 that was aimed at making the kindergartens more accessible. Still, immigrant students tend to have worse performance. For the sake of equality, free higher education is also provided in Norway; adult learning is being encouraged through programs like â€Å"Programme for Basic Competence in Working Life† (OECD 2013, p. 6). The educational policy of UAE includes the idea of equal opportunities and demands incorporating learning, critical thinking, and practical abilities in the curricula. The aim of UAE educational policies incorporates increasing the rate of university enrolments as well as decreasing the number of school dropouts. The country’s educational system presupposes 12 years of compulsory education (primary and secondary education). Post-secondary education includes a number of prestigious institutions from al over the world (for example, Sorbonne or New York University). In 2009, 28% of the budget had been spent on education sector (UAE National Qualifications Authority 2013, p. 7). The UAE has been acting in consistency with UNESCO’s ‘Education for all’ which presupposes providing equal primary education opportunities for children regardless of their gender as well as increasing the quality of education and reducing illiteracy level among adults. Dubai and Abu Dhabi have participated in international literacy tests in 2009 and 2010, and the performance of the students was below international standards. Higher education participation in UAE has increased and, in 2008, amounted to 25%. The rate of education sector development of UAE is most impressive (UAE National Qualifications Authority 2013, pp. 1-13). While Norway appears to outperform UAE in the field of education, the rates of the development of this sector in the latter country allow one to suggest that the situation will be improved in the near future. Both countries realise the importance of the continuous developm ent in the sector and attempt to make education as accessible as possible. Tourism According to World Travel and Tourism Council [WTTC] (2014), the ‘total contribution’ of Travel and Tourism (TT) into a country’s economy is higher than the spending on the tourism service since, in effect, it includes the ‘hotels, airlines, airports, travel agents and leisure and recreation services’ spending (p. 2). In 2013, TT sector was accountable for 8.4% of UAE GDP (total contribution), and its significance is expected to rise. In 2013, direct workforce involvement in TT amounted to 291,500 jobs (5.3% of employment), and this figure is also expected to increase. The investment in TT amounted to 6.2% of total investment, and visitor exports (the spending of the tourists within the country, education sector excluded) equalled 5.8% of the total UAE exports. Leisure tourism predominates for UAE, amounting to almost 75% of the tourism sector (WTTC 2014, pp. 1-15). It should be pointed out that as a result of Expo 2020 being held in UAE, the tourism sector is bound to develop at a higher rate in the following several years. In Norway, in 2009, TT contribution to GPD equalled 3.3 %; the employment in the sector amounted to 6.3% of the total country’s employment. In 2010, tourists spent 106 billion (in the local currency) in Norway. In 2009, there were almost 14 000 firms in TT sector in Norway, most of them small ones with 1-10 employees. Leisure TT appears to dominate in Norway as well (OECD 2012, p. 253). The policy of TT in Norway is aimed at increasing wealth creation within the industry; this is expected to be achieved through innovation and employees training as well as collaboration on every level. Norway is described as â€Å"sustainable destination†, that is, the industry also needs to be economically and environmentally sustainable (OECD 2012, p. 255). It can be concluded that neither of the countries relies on the tourism sector. Still, it does contribute to both countries’ GPD, and they endeavour to proceed developing it. It appears that for UAE, the tourism sector is more significant; apart from that, it is going to be further developed as a result of Expo being held in the country. This can be regarded as another successful attempt at diversifying the country’s economy. Conclusion The two countries rely on oil and gas export, but they both strive to reduce the importance of this sector and attempt to diversify the economy. Even though there is still room for improvement, in both cases there is a noticeable improvement that is especially visible for UAE. Still, the impact of the oil price fluctuations is bound to be felt by both countries. Norway outperforms UAE in most of the economy measurement parameters; at the same time, the rate of growth for UAE has been significantly higher than that of Norway. This fact leads to the suggestion that UAE will be able to improve its performance in the near future. While the challenge of decreased oil prices is going to affect UAE economy in a rather negative way, the Expo 2020 is a positive influence that can minimise the damage of the former one. Multiple sectors of UAE economy are going to be boosted by the preparation to the Expo, one of them being tourism. Reference List Carpenter, C Khan, S 2015, ‘ U.A.E. Removes Fuel Subsidy as Oil Drop Hurts Arab Economies’, Bloomberg Business, 22 July, http://www.bloomberg.com/news/articles/2015-07-22/u-a-e-to-link-gasoline-price-to-global-markets-effect-aug-1. Churchill, N 2013, ‘Expo 2020 Win: Impact On Dubai’s Jobs Market’, Gulf Business, 28 November, http://gulfbusiness.com/2013/11/expo-2020-win-impact-on-dubais-jobs-market/. CIA 2015a, The World Factbook: United Arab Emirates, https://www.cia.gov/library/publications/the-world-factbook/geos/ae.html. CIA 2015b, The World Factbook: Norway, https://www.cia.gov/library/publications/the-world-fac tbook/geos/no.html. Gottheil, F 2013, Principles of macroeconomics, 7th edn, Cengage Learning, Mason, OH. Hanware, K 2015, ‘Falling oil prices trigger stocks sell-off in Gulf’, Arab News, 24 August, https://www.zawya.com/story/Falling_oil_prices_trigger_stocks_selloff_in_Gulf-ZAWYA20150824032600/. Levick, К 2015, ‘World Expo 2020: The Arab Spring Advances’, Forbes, 14 January, http://www.forbes.com/sites/richardlevick/2014/01/14/world-expo-2020-the-arab-spring-advances/. OECD 2012, OECD Tourism Trends and Policies 2012, OECD Publishing, Paris. OECD 2013, Education Policy Outlook: Norway, http://www.oecd.org/edu/EDUCATION%20POLICY%20OUTLOOK%20NORWAY_EN.pdf. OECD 2015a, OECD Data: Norway, https://data.oecd.org/norway.htm. OECD 2015b, Employment Outlook: Norway, http://www.oecd.org/norway/Employment-Outlook-Norway-EN.pdf. Rahman, F 2015, ‘UAE Economy minister sees $80 per barrel as ideal oil price’, Gulf News, 25 October, http://gulfnews.com/b usiness/economy/uae-economy-minister-sees-80-per-barrel-as-ideal-oil-price-1.1606875. The Economist Intelligence Unit Limited 2015, United Arab Emirates, http://country.eiu.com/united-arab-emirates. UAE National Qualifications Authority 2013, The UAE Education System, http://www.nqa.gov.ae/†¦/The%20UAE%20Education%20System%20Report.p†¦. World Bank 2015, World Development Indicators, http://databank.worldbank.org/data/reports.aspx?source=2type=metadataseries=NY.GDP.MKTP.CD#. World Travel and Tourism Council 2014, Travel Tourism Economic Impact 2014: United Arab Emirates, http://www.wttc.org/-/media/files/reports/economic%20impact%20research/country%20reports/united_arab_emirates2014.pdf This essay on United Arab Emirates and Norway Economies was written and submitted by user Logan Chan 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.

This essay outlines several classic greek and roman inventions that have influenced our lives today. It clearly shows the invention and then explains how it has affected daily life.

This essay outlines several classic greek and roman inventions that have influenced our lives today. It clearly shows the invention and then explains how it has affected daily life. Both Greek and Roman influences have had a major impact on the world today. For instance, the Olympics have survived to this day and even retain much of its former meaning of peace. Another important invention is the calendar; the modern calendar is based upon the Roman version. Even our military uses inventions from Greek times. Greek fire has inspired the creation of petroleum bombs and napalm weaponry, and spurred the terrorist favorite of psychological warfare.The Olympics represent the height of sports competition in which athletes train for their entire lives in order to win. While the competitive drive of today's athletes is no less than that of the Greeks, today's Olympics are much less violent. In ancient Greece, instead of using boxing gloves, leather was strapped to the opponents' hands, leaving the fingers free and adding a sting to the punch. These sports represent the constant training people underwent to hone their bodies to physical perfection and pit their abilities in a man vs.Olympics 242man competition where only the best would win. Today's Olympics are more team oriented, and the success of the team depends on everyone's physical conditioning and skill as opposed to ancient Greece, where the games were more individualized. Despite the physical violence involved in ancient Greek Olympics, the games promoted peace. In Greek times the entire old world would cease war to participate in the Olympics. Today, while the games are less violent, the meaning of peace is not as strong. For example, the Olympics were cancelled for World War II. However, the meaning of peace is not totally lost, as is apparent in North and South Korea's unification for the games.Romans concocted one extremely important invention that is still in use today, the calendar. The Roman calendar was almost completely accurate,

Water Rights in Idaho Essay Example | Topics and Well Written Essays - 3250 words

Water Rights in Idaho - Essay Example A structure applied to redirect the water from its natural source, or diversion is usually required to acquire a water right. Usual diversion methods include pumps, head gates, pipelines, ditches and dams. The Idaho Water Resource Board is allowed to acquire water rights without diversions, referred to as "in-stream flow" water rights, typically authorized to protect some public interest in a natural stream or lake, for instance recreation, wildlife or natural beauty. "In-stream livestock" water right may also be acquired for watering livestock directly from the stream (One Plan para3-4). In some states, a landowner enjoys the right to use reasonably the ground water underneath his/her land or water naturally flowing through, on or along the borders of the land. Idaho law does not acknowledge such rights. Both the constitution and statutes of the State of Idaho assure the right to apportion the public waters of the State of Idaho. Water right is granted when a private right to the use of public waters is created by appropriation. A water right is a real property right just like property rights in land. The constitution and statutes of the state of Idaho protect private property rights. The water rights granted to individuals enable them to divert the public waters of the state of Idaho to put them to a beneficial use, in harmony with ones priority date. In property law, a right by which property is owned by one person is subject to a specified use or enjoyment by another. Servitudes allow people to create stable long-term arrangements for a wide variety of purposes, including shared land uses, maintaining the  across private lands to usual and accustomed fishing. The constitution describes the beneficial uses as domestic use, stock watering, irrigation, manufacturing, hydropower, mining, municipal use, aquaculture, recreation, fish

HRM Coursework Example | Topics and Well Written Essays - 1750 words

HRM - Coursework Example It also involves evaluation of performance, provision of incentives and benefits to employees, dispute resolution, and communicating relevant information to employees at all levels within an organization. On the other hand, it should also take care of the training aspect within the organization. Training methods vary from one organization to the other depending on the needs f that organization. Therefore, an excellent HRM should posses’ core qualities such as; efficient negotiation skills, leadership skills, training skills, and an extensive knowledge about the organization. In addition, it is an obligation of the HR personnel and Managers to organize personnel to perform the duties of the organization effectively in a timely manner. HRM personnel should, therefore, view its staff as assets in the part of contemporary human capital management and HRM. HRM is prudent in every organization in the determination of success of the company (Gilmore 2009, P. 112). Therefore, this pap er seeks to identify training methods within an organization, determination of main characteristics of the selected training methods, and the provision of the appropriate recommendation to the director of the organization as to how the training practices could be improved and the benefits that comes with developing them. To achieve this, organizational training is essential. However, the choice of training method should be in line with objectives of the organization and at the end of it all, the organization should realize growth in terms of service delivery. HR team and Managers should work jointly to build up workers’ skills through training. For instance, HR personnel should give advice to supervisors and managers how to allocate staff to different responsibilities within an organization, thus assisting the organization adjusts productively to its surrounding. The organization should have a strategy that is clearly defined and

Implementing Change Paper Essay Example for Free

Implementing Change Paper Essay Managers A manager is a person who is responsible for being in charge of all or a piece of a company or organization. A manager is very important and can make or break a company. According to DuBrin (2008), desirable personal characteristics make a manager somebody that the employees can look up to, and sense content following them. Some of those characteristics are motivation, integrity, optimism, dependability, and confidence. Some level of business insight is essential for a manager. Being knowledgeable about fundamental business values and practices can be helpful, such as having knowledge of the company, being organized, money management, and legal implications. It is necessary for a good manager to be able to communicate thoroughly and effectively. Managers should make sure to develop the skill to converse as part of his or her efforts. Some characteristics that should be acquired to be an affective conversationalist and execute management duties are verbal and written communication, constructive feedback, active listening, and organized presentations. Managers should also know how to build professional relationships with employees with qualities such as respect, values, collaboration, and being a team player. The contents of this paper will define the roles and responsibilities of a manager when change is implemented and how he or she should handle the change using assessment, planning, implementation, and evaluation. Roles and responsibilities in implementing change Change is very popular in any company or organization. Change management deals with how changes to the company or department are managed so they dont degrade performance. Once an organization commit to planned change, the manager needs to construct a reasonable step by step approach in order to achieve the goals of change. According to Gilley (2001), a planned change entails managers to follow a seven step method for successful implementations. The first step is to recognize that change is needed. The change may be due to either internal or external forces but it needs to be addressed. The second step is to develop the goals of the change. It is required to establish the reason why the change is necessary then identify the needed changes in terms of products, technology, structure, and culture. The third step is to select a change agent, who will be the person that takes control and is responsible to execute the planned change. The change agent must be attentive to things that need revamping, open to new and good ideas, and supportive of the implementation of those ideas into actual practice. The fourth step is to diagnose the current climate, in which the change agent sets about assembling data about the climate of the company in order to assist employees in preparation for change. Preparing employees for change involves direct and influential feedback about the negatives of the current situation. The fifth step is to choose an implementation technique. Managers can make themselves more receptive to pressures for change by using networks of organizations with diverse perceptions and views, being exposed to new ideas by visiting other organizations, and using outside standards of performance, such as competitors development. The sixth step is to develop a plan that determines the when, where, and how of the change. The seventh and last step is to finally implement the plan. After all the questions have been answered, the plan should be put into operation. Once a change has started, initial excitement can scatter in the facade of everyday issues. Managers can retain the momentum for change by providing resources, developing new capabilities and skills, emphasizing new behaviors, and building a support system for those initiating the change. Handling staff resistance to change During a change, employees often act negatively towards that change. The staff is usually resistant to change for a number of different reasons such as fear of loss of job, fear of the unknown, loss of control, lack of competence, poor timing, peer pressure, lack of trust and support, and many more reasons. There are a number of ways managers can help employees overcome resistance to change. According to Sharma (2006), one proven technique is education and communication. Employees can be educated about the nature of the change and the reason behind it before it takes place using reports, memos, and presentations. Another important factor of overcoming resistance is inviting employee contribution and involvement in the plan and implementation stages of the change. Another possible approach is through facilitation and support. Managers should be sure to supply employees with the resources they need to make the change, be supportive of their efforts, listen to their problem, and understand that performance level may go down initially. Some companies deal with resistance to change through compromise and rewards by offering employees incentives to guarantee their cooperation. Other companies choose to manipulate, such as giving a resistance leader an important position in the change process. Whatever approaches that a manager uses to handle employees resistance to change, it is important that they acknowledge the resistance and do something about it.

Poetry and Sex Essay -- Sex Sexuality Poetry Poems Literature Essays

Poetry and Sex Since the beginning of human existence, there has been once practice, one instinct, one single obsession that we cannot escape. Some may call it necessary; others say it’s a gift. It can be controlling, enlightening but it’s oh so powerful. It isn’t the need for food, safety or shelter. It isn’t love nor greed nor vanity, but sex, ladies and gentlemen. With the evolution of human communication poets have been using the power of words to describe the practice of sex, and the emotions that come with it. As a guest speaker invited to this years festival, I have explored how sex is expressed through poetry from a multitude of cultures and eras. It has become apparent that the traditions and values of a society shapes the form, right down to the style of language and words used, of poetry from its respective era. While values have and will continue to change, sex is a universal practice, and therefore a universal theme of poets the world over. To demonstrate this, I will analyze three poems: ‘Kubla Khan,’ by Samuel Coleridge, ‘Sexual Healing,’ by Marvin Gaye and David Ritz and ‘Adultery’ by Carol Ann Duffy. Although all poems have the same central theme of sex, the way they express it differs quite radically. In Xanadu did Kubla Khan A stately pleasure-dome decree: Where Alph, the sacred river, ran Through caverns measureless to man Down to a sunless sea. These are the opening lines of Kubla Khan, in which the era of its poet is made clear. Samuel Coleridge was from the Romantic period, an era in which freedom, simplicity and the humble life were reflected through poetry. Above all else though, Romantic poetry featured a strong presence of nature, wild and untamed, the oppos... ...ncerning sex became more open in manner as the years went by. The protest against sexual brutality in ‘Sexual Healing’ would certainly not have been acceptable even two decades before its time, let alone 200 years. Further exposure to lust and sex in the media led to poems such as ‘Adultery’ being written. This poem’s acceptance in contemporary society displays a progression of international maturity in regards to sex, but at the same time the loss of modesty. Ultimately, all poems have differing representations of the same theme, which is shaped by the society of its era. William Wordsworth once said that ‘poetry is the spontaneous overflow of powerful feelings.’ Lust and sex are among the most powerful feelings that human beings are capable of, and there is no doubt that poets will continue express their passion, elation or anguish on this subject.

Personal & Professional Development Essay

1.1  Cunningham1 has defined self-managed learning as â€Å"†¦idealised adult action learning†. Therefore, self learning is a process where the learner develops their learning goals, decides on strategies to make it happen, identifies resources needed to achieve it and adopts the process to evaluate their achievement. Self managed learning can only be effective if a person has the ability to independently decide about their learning and can manage this without much institutional support. However, anecdotal evidence suggests that most people, though understanding the need for such learning approach, are unable to identify and manage their learning without guidance and support from an institution. Hence, people go to an institution to learn. However, It is the responsibility of the learner to take charge of their learning. In an adult learning environment, where most learners have been out of touch with learning for a while, it is important that the tutors initially provide hands on approach to guide the learners. Gradually, ‘tutor dependency’ reduces and the learner becomes more self dependent, starting to manage their learning more effectively. Self learning process can be facilitated through research, using online tools such as web logs, wikis, search engine facilities, use of social software and other multimedia tools such as audio and video equipment. 1.2  Lifelong learning is a process that takes place throughout an individual’s life based on their life experiences, interaction with others and range of different circumstances which are used to acquire knowledge. It is, defined as the â€Å"ongoing, voluntary, and self-motivated pursuit of knowledge for either personal or professional reasons’’[2). There are various methods of learning, which can be termed as ‘life long learning’. These are: †¢ Home schooling : People learning at home rather than at an institute. †¢ Adult education : Enrolling in an adult learning course to gain formal qualifications for work or leisure. †¢ Continuing education : Courses to gain further knowledge without getting any formal qualification. †¢ Knowledge work : On-the-job training but can also include practical courses for professional development. †¢ Personal learning environment: Using a range of sources and tools including online applications. Lifelong learning is the most effective way to enhance personal and professional development. Therefore, all the above methods should be encouraged and used to gain relevant knowledge in relation to an individual’s goals and aspirations. A method used by a person depends on what their personal learning goals are, and on the answers to the key questions of what, when, where, how and why. 1.3  The benefits of self managed learning to individuals and organisations are many fold. The key benefits are : †¢ Ability to choose the content :Allows people to pick and choose what they are going to learn, and who they are going to learn from, depending on personal level of knowledge and preferences. †¢ Determining the schedule : Allows people to adapt learning process to their personal agenda, without depending on time schedules imposed by others. †¢ Learning with passion : Topic is chosen based on what the learner wants to learn, making the learner more engaged and the learning process more enjoyable. †¢ Sense of accomplishment and satisfaction : As the learner has chosen the topic, it provides greater degree of satisfaction and a sense of accomplishment within learners. †¢ More productive life : As it is a learner guided process, there is more passion and commitment within the learner about their learning, enhancing their chances of securing more expertise in the area. †¢ Develop expertise and skill : After gaining skill and expertise in the chosen field, a person is more likely to become an expert in the area, with others seeking their expertise and be willing to pay for it. 2.1 Since leaving school, I have worked within the catering sector all my working life, initially as a General Assistant in the kitchen, helping cook and chef. However, through my competence and performance, I was able to gradually rise to the position of Head Chef, with people working under my supervision. This allowed me to have experience of managing people effectively in a challenging fast moving environment. In addition, I was able to gain adequate knowledge and understanding about various health & safety guidelines through relevant training, including gaining relevant qualifications. I was able to comply with the professional standards for a Chef through the training I received. Also, working closely with the management, I was able to understand fully the key aims and objectives of the business and focused on ensuring that through my work, I help the business to fulfil them. It is important for a restaurant to provide good quality food and customer service – the two key aspect for such business. Unless the quality of the food and the level of customer service is to their satisfaction, customers will not come back, which is vital for a business. So, my role as a Head Chef is crucial to the success of the company. Since the restaurant is doing well, I feel confident that I have contributed towards the achievement of the company’s aims and objectives, complying with the professional standards required for my job. 2.2  Having worked in the kitchen all my working life, I would now like to have a change of career and move to management, where I would like to manage the whole business, either by setting up my own restaurant or be employed in a restaurant owned by others. In order to help me achieve my aim, I would need proper qualification, understanding and knowledge about how to manage a restaurant efficiently. Therefore, my development needs are as follows : †¢ How to devise an effective business plan †¢ How to prepare a comprehensive sales and marketing strategy †¢ How to be a competent business manager †¢ How to manage a business efficiently and profitably In order to acquire the knowledge required to achieve those aims, I need to enrol in a business course which will not only allow me to have the relevant knowledge but would also enable me to have thorough understanding of these areas, resulting in a qualification. In addition to the areas mentioned above, I also need to focus on some other areas, such as enhancing my literacy and numeracy skills as it would be necessary if I am to manage to restaurant. I also need to improve my social and communication skills too, which is vital for a business within the hospitality sector. 2.3 Since I don’t currently have any formal qualification other than GCSE, the only way for me to achieve my goal of enrolling in a course to acquire relevant knowledge and gain qualification would be to enrol in a course that does not have an entry requirement of any formal qualification and would accept someone with only GCSE. So, I started researching about various courses available that is relevant to me and is available for people who only have GCSE. I have identified that the Business Management HND is the best course for me as it offers all relevant aspects to help me achieve my developmental needs while allowing people with only GCSE to enrol. Therefore, I have enrolled in this course. However, I am seriously considering taking this further and go into further studies on business management, either through university or an informal course in continuing education, which may not result in a formal qualification but would provide me with the knowledge I need to achieve my goals. I feel that enrolling in the Business management HND is the first step towards achieving my aim of acquiring all relevant information and gain relevant qualifications regarding running a successful restaurant business. I also researched about courses to facilitate my aim of enhancing my literacy, numeracy, social and communication skills and have identified some of the courses that will be relevant to me and would assist me in achieving my goals.

Sole Proprietorship and Company Case Studies

Executive summary There are several factors that are generally considered in the starting of a business. These factors include availability of capital, skills available, location of the business among others. In an advanced level, one should also consider the tax implications of starting each particular business. There are several forms of business formations. Depending on the owner’s preference, one may decide to start a sole proprietors business, a partnership or incorporate a company. This study will majorly discuss the modes of formation of a sole proprietorship and a company, the advantages of running these types of business and the suitability of such businesses at different levels of revenue. We shall however dwell on the in depth analysis of the after tax returns to the owners of the business for each form of business formation. Sole proprietorship Formation This is the simplest form of business formation. This business is owned and run by a single owner although he may enlist the assistance of family members. There are several advantages to the formation of this business as explained below. Small amount of capital is required at the start up stage. Since only one person runs this form of business, capital may not be a major set back Decision making is quite fast since only one individual is involved unlike a corporation or partnership where wide consultations may be required to approve any decision. In a sole proprietorship, the owner gets all the profits unlike in companies or partnerships where the profit is shared amongst the owners. It’s very easy to form a proprietorship business since very few formalities and legal requirements are necessary in the formation of this business. There are several shortcomings that rock this form of business. Any losses that may arise in the course of business are borne by only one person, the owner. Bad decisions are likely to be made since the owner makes them solely without much consultation There is overburdening the owner with too much work since he has to do virtually everything on his own. It is not very easy to raise capital for a sole proprietor since he may not have enough collateral to secure loans from financial institutions limiting his scope of expansion. Company This is probably the most complex business formation. There are several requirements for a company to be incorporated. After the members have agreed to form the company, they must agree on the major business objective which is included in the memorandum of association, one of the documents required by the company registrars for the formation of the business. After the owners have raised the required capital, they must submit the following documents to the registrar before the company is incorporated: Memorandum of association This document defines the relationship between the business and outsiders. It contains the following clauses. Name- this gives the desired name of the company as intended by the owners Location clause- this clause indicates the physical address of the company, usually the head office of the business. Capital- this indicates the authorized capital for the company; this capital must be raised before the company is incorporated. Liability- this clause mentions whether the company is a limited company or not and its limited, whether its limited by guarantee or by shares. Just to mention a few. Article of association This is the internal constitution in the business and it governs the internal affairs of the business.   All issues pertaining the management and members rights and obligations, appointment, dismissal and terms of directorship are discussed in this document. Rules relating to dividends are also available in this document. Declaration by members- this document simply confirms that the members have agreed to form the said business. Declaration by directors- here the directors confirm their acceptance to act as directors of the company. After the promoters of the company present the above documents to the register of the company, a certificate of incorporation is issued. For public companies though, a certificate of trade is required for them to commence business. Despite the above formalities and other legal requirements, companies have very many advantages compared to other forms of business formations. These are explained below: Limited liability the liability of a company is limited to the capital contributed and personal property cannot be attached incase of insolvency. Ability to raise capital- due to the large collateral that may be available to the company besides the owners contributions, companies are able to get financing from financial institutions. Professional management- due to the nature of the business and the legal entity status, the business is run separately from family and domestic issues in amore professional way. Other advantages that relate to this form of business include the benefits of incorporation which include: the ability to own property in its own name, ability to sue and be sued among other factors arising from the separate legal entity status. After an analysis of the theoretical issues governing these forms of businesses, we shall now evaluate the suitableness of each of these business formations from the benefits that accrue to the owners of the business after federal taxes have been deducted, beginning from given revenue levels. We shall begin our analysis with the sole proprietor. Sole proprietorship Revenue 30000 Expenses Salaries and wages 18000 Electricity 1000 Rent and rates 2000 Licenses 500 Postages 1000 Miscellaneous expenses 200  Ã‚  Ã‚     Ã‚  Ã‚      22700 Net profit before tax 7300 Tax computation for the entity Assuming a single individual is involved in this business, the following taxes will apply. 0-8375 USD†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦10% 8376-34000 USD†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦15% 34000-82400 usd†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..25% 82401-171850†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦28% 171854-373650†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦33% 373651+†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦35% Since in a sole proprietorship the owner gets all the profits, the profit becomes the income of the owner and it’s thus taxed on him at the graduated scale rates as follows; The income lies in the bracket of 0-8375 so it’s taxed at the rate of 10% leaving the owner of the business with 7300-(10%*7300) = 6570. YEAR II At a revenue level of 60,000, the analysis will be as follows. Revenue 60000 Salaries and wages 36000 Electricity 3000 Rent and rates 3000 Licenses 2000 Postages 1000 Miscellaneous 400  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚   45400 Net profit before tax 14600 The money that remains after tax will be computed as: 8375*10% = 837.5 (14600-8375) 0.15   = 879.75 Profit after tax = 14600-(837.5+879.75) = 12882.75 Year III At a revenue level of 180,000, the tax computation will be analyzed as follows, Revenue 180000 Expenses Salaries and wages 108000 Electricity 8000 Rent and rates 10000 Licenses 2200 Postages 4000 Miscellaneous   4000  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   151800 Net profit before tax   28200 The net profit after tax is computed as follows; 8375*10%   =   873.5 (28200-8375)*15%   =   2973.75 Profit after tax   = 28200-(873.5+2973.75) = 24352.75 Year IV At a revenue level of 375000, the after tax profit can be computed as follows; Revenue 375000 Expenses Salaries and wages 225000 Electricity 20000 Rent   20000 Postages   3000 Licenses   5875 Miscellaneous   10000  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   283875 Net profit before tax  Ã‚  Ã‚  Ã‚  Ã‚   91125 The after tax net profit to the owner is computed as follows 8375*10% = 837.5 34000*15% = 5100 48750*25%   = 12187.5 Profit after tax   =   91125-(837.5+5100+12187.5) = 73000 Year V Starting with revenue of 650,000 the analysis will be as follows Revenue 650000 Expenses Salaries and wages  Ã‚   390000 Rent and rates   30000 Electricity  Ã‚   35000 License   20000 Postages   6833 Miscellaneous expenses   10000   491833 Net profit before tax  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   158167 After tax profit retained is calculated as follows; 8375*10% =   873.5 34000*15% =   5100 82400*25%   = 20600 33392*28%  Ã‚   = 9349.76 Net profit after tax   = 158167-(873.5+5100+20600+9349.79) = 122243.74 The owner of the business is left with the after tax net profit as the net income since he gets all the profits. In the case of company the analysis is different in the following way; The owners of the business are a paid fee that is tax deductible when computing tax liability. The corporate tax rate is a flat rate of 35% The expenses in a company are slightly different from those of the sole proprietorship as shown by the illustrations below. Year I Beginning with a revenue level of 30,000, the analysis will be: Revenue 30000 Expenses Salaries and wages   10000 Directors fees   2000 Loan interests   1000 Rent and rates   2000 Electricity   5000 Commissions 2200 Miscellaneous expenses   500  Ã‚  Ã‚  Ã‚  Ã‚   22700   Net profit before tax  Ã‚   7300 Tax will be computed as 35%*7300 = 2555 The value available to the owners of the business will be 7300-2555=4745 Year II With a revenue level of 60,000, the tax analysis will be as follows Revenue 60000 Expenses Salaries and wages 30000 Director’s fees   3000 Electricity   6000 Rent and rates   4200 Commissions   1200 Miscellaneous expenses   1000  Ã‚  Ã‚   45400  Ã‚   14600 After tax net profit is computed as 14600-(35%*14600) = 9490 Year III Computation Revenue   180000 Expenses Salaries and wages 108000 Directors fees   5800 Rent and rates 16000 Electricity   13000 Commissions   7000 Miscellaneous expenses 2000  Ã‚  Ã‚   151800 Net profit before tax   28200 Profit after tax=28200-(0.35*28200) =  Ã‚   18330 Year IV Computation Revenue    375000 Expenses Salaries and wages  Ã‚   210000 Directors’ fees   15375 Rent and rates  Ã‚   15000 Electricity 10000 Commissions   8500 Miscellaneous expenses   5000  Ã‚  Ã‚   283875 Profit before tax 91125 Net profit after tax 91125-(35%*91125) =   Ã‚  Ã‚   59231.25 Year V Revenue 650000 Expenses Salaries and wages   400000 Directors fees 15000 Commissions 15833 Rent and rates 25000 Miscellaneous expenses   8000 Electricity  Ã‚  Ã‚  Ã‚  Ã‚   18000     Ã‚  Ã‚  Ã‚  Ã‚   491833  Ã‚  Ã‚  Ã‚  Ã‚   Profit before tax  Ã‚  Ã‚   158167 Tax computation is as follows 158167-(35%*158167) =   102808 From the analysis above, it’s evident that corporations bear a larger amount of tax compared to the sole proprietorship business. At the various revenue levels, the corporation pays a large amount of tax compared to the sole proprietor. This issue can also be viewed from the fact that the owners of the business are already paid in the corporations in the form of directors fees. Whilst the sole proprietor is charged final tax at the graduated scale rates indicated above, the owners of the company are charged double tax, at the corporation level and at personal level. The amount they earn as directors fees is still subject to the prevailing income tax rates. In my opinion, its preferable to run a sole proprietorship business since at all levels of income, the after tax profit is more than the one for an incorporated company at the same pre tax profit. References Brumbaugh, David L. Esenwein, Gregg A., Gravelle, Jane G., â€Å"Overview of the Federal Tax System,† Congressional Research Service Report for Congress, updated June 2, 2006 Hart, Phil, Constitutional Income: Do You Have Any?, 3rd edition, (Alpine Press, 2005) Johnson, Calvin H. â€Å"Fixing the Constitutional Absurdity of the Apportionment of Direct Tax,† Constitutional Commentary, Volume 21 No. 2 (June 2004), p.  295 Becraft, Larry. Uncertainty of the Federal Income Tax Laws, (Sept. 1, 1999), Thorndike, Joe, â€Å"An Army of Officials: The Civil War Bureau of Internal Revenue,† Tax History Project, Dec. 21, 2001. Skinner, Otto. The Biggest â€Å"Tax Loophole† of All, (San Pedro: Otto U. Skinner, 1997) Stratton, Lawrence M. Jr. and Moore, Stephen and Roberts, Paul Craig, â€Å"The Roots of the Income Tax,† National Review, April 17, 1995