Equity Valuation in the Style of Warren Buffet Project Essay

Value Valuation in the Style of Warren Buffet Project - Essay Example The procedure is end up being powerful after some time and keeps financial specialists from making exorbitant and silly speculation misfortunes. The speculation methodology utilizes both quantitative and subjective variables which finding a decent stock. The organization picked for budgetary examination is Apple Inc. (Ticker Symbol AAPL) which is a Fortune 500 organization whose offers are traded on an open market. Apple Inc. is a main equipment and programming organization which has central command in Cupertino, California, U.S. The organization has more than 400 worldwide retail locations spread in more than 14 nations and it is recorded in NASDAQ as a traded on an open market organization. The Four Filters Approach Filter 1 †Understanding of an organization and its items The organization sells its items universally through retail outlets, online stores and direct deals with the assistance of outsider dispersion systems. The organization is most popular for its inventive equip ment items and cutting edge media including iPhone, iPad, iPod, Smart Phones, etc. The company’s items and administrations likewise incorporate MAC, iCloud, App stores, Apple TV, App Stores, MAC App Stores and iBookstores. Their product administrations incorporate iOS working framework, OS X, iTunes, iWork and iLife creation and inventiveness suites. The company’s clients are little and medium measured organizations, retail clients, endeavors, instructive foundations, and government clients. Channel 2 †Competitive Advantage Apple Inc. is the second biggest organization in data innovation area on the planet. As far as incomes, just Samsung Electronics (driving Korean organization and key contender of Apple) surpasses the solidified income of Apple. In the year 2008, Fortune magazine name the organization as the most respected organization in United States just as universally. Channel 3 †Ability and Trustworthiness of Management The organization conveys inventi ve items and administrations to clients that incorporate programming, equipment, fringe, and applications. Apple is focused on giving best client experience by utilizing its capacity of creating novel structure. The organization persistently puts resources into promoting, publicizing, innovative work so as to support deals and produce imaginative items and advances. The company’s long haul system incorporates extension of dispersion organize for arriving at more clients internationally in creating nations and giving them excellent deals and bolster understanding. Channel 4 †Intrinsic Value Analysis Free-Cash Flows The free incomes are utilized to quantify the money related execution of the organization and it is determined by taking away capital consumptions from working incomes. The free income speaks to the company’s capacity to create cash required for extending resource base and subsequently they are critical to distinguish openings that can improve shareholde rs’ esteem. Money is essential to put resources into new items, make M&A, pay off past commitments and deliver profits. The FCF is determined utilizing the accompanying recipe: In request to decide the

How to Succeed in College Free Essays

THE COMPLETE SUMMARY PART I GETTING ORIENTED ACADEMICALLY Chapter 1 : Making the Academic Adjustment to College. 1. 1Comparisons between secondary school and school. We will compose a custom paper test on The most effective method to Succeed in College or on the other hand any comparative theme just for you Request Now In school you will be all the more scholastically autonomous and capable to yourself since you have to settle on choice for yourself so as to accomplish extraordinary scholarly execution. Other than that, you may have a ton of work should be done when you entering the school. In school, class gatherings is less and understudies is given the opportunity to rehearse create awareness of other's expectations. Understudies in school likewise need to step up to the plate and reach teacher to cause the educator to become acquainted with you. 1. 2Reasons for Attending College. You possibly in school to acquire degree to turn out to be increasingly taught, to get guaranteed for a specific activity or to bring in cash in the wake of winning the degree. You may wish to consider gaining a degree as the reasonable and prompt result of your school understanding. However, securing a training is a significant and fulfilling accomplishment in itself. Attempt to consider these to be as reciprocal as opposed to clashing. 1. 3The Purpose of College. Securing instruction can improve your confidence. To the degree that the degree speaks to exertion and accomplishment, a professional education can give you the fulfillment of getting information and growing new abilities. Training gives the implies that can change the manner in which you think, process data and see the world. 1. 4College as a System. The essential necessity for procuring a professional education is to finished the quantity of credits required. Be certain you comprehend the necessities of your degree program, comprehend your school arrangements for first year understudies. On the off chance that you don’t comprehend an arrangement, talk with scholarly counselor. A school additionally builds up a main subjects. Most teachers concur that understudies should contemplate something notwithstanding their zone of specialization to widen their aptitude. 1. 5Important of Grades. Making great of evaluation is an identification of exertion, an indication of accomplishment. There are likewise other necessity that remembers for grade which is participation, class support and composed work. In the event that you wind up getting low in numerous courses, look for help right away. 1. 6Calculating Your Grade Point Average (GPA). To figure your GPA , you convert your letter evaluations to numbers. These numbers are specified by your school. In most school, an A = 4. 00, a B = 3. 00, a C = 2. 00, a D = 1. 00 and a F = 0. 00. school ascertains pluses (+) and minuses (- ) in an unexpected way. 1. 7Final Course Grades. You should guarantee that you see how every educator processes the last grade. Ask, if it’s not satisfactory, how much weight is doled out to every one of the accompanying ; composed assignments, class interest, tests and tests, midterm and last assessments and any exceptional venture. Part 2 : Managing Your Time. 2. 1Using Time Effectively. To start utilizing your time, you have to realize that how you have been spending it, yet additionally how you need to utilize your time all the more adequately. It is significant that you be clear in your brain about what things are essential to you and how you can discover time to dedicate to them. 2. 2Changing Your Attitude Toward Time. To assist you with overcoming trouble in setting aside a few minutes for both the things you need to do, attempt to recollect why you came to school and help yourself to remember your objectives and what is required to accomplish them. Acknowledge as well, periods throughout your life when your available time appear to be insignificant will in the long run end. . 3Developing Strategies to Use Your Time Productively. To start with, you should planning your time by organize an ace calendar of all that you do. It help you to alter fixed schedules. You can create plans for various purposes and various stretches of time. You can begin by making a month to month schedule. By that, you can get a closer view and help yourself to remember which commitments are fast approaching and which stay half a month away. 2. 4The Problem of Procrastination. To linger intends to defer †here and there, to postpone to the point of not doing the thing by any means. Individuals will in general linger on the grounds that they don’t appreciate the thing or you scared of coming up short at something. Other than that, you may tarry in light of the fact that you are scattered. 2. 5Techniques for Avoiding Procrastination. Separating an enormous undertaking into littler, increasingly reasonable parts is a handy and valuable methodology. Let your advantage and your force convey you. Other than that, you can remunerate yourself for finishing errands given. You additionally can leave additional time by plan to complete the assignment given before the cutoff time and afterward overhaul it. Part 3 : Getting the Most from Your Courses. 3. 1Syllabus. You have to comprehend the course necessity by perusing the schedule given. At that point, you may remark on the schedule by start addressing course prerequisites with the goal that you see precisely what will be anticipated from you. You additionally may require comprehend the duty of going to class well. You additionally need to guarantee that you note the instructor’s name, the area of their office and their available time. You likewise should know the idea of the assessments and the necessity on composed work. You should getting some information about the reviewing to know how your educator assess your presentation. Section 4 : Getting To Know Your Instructors. . 1Knowing the scholastic position. There are a couple of teacher that the understudies need to know when they entering school like educator, colleague teacher, speaker and teacher. Brilliant, great, normal and awful instructor exist at each position. What acquires workforce advancement starting with one position th en onto the next at examine organization is proficient movement generally as research and distribution. Nonetheless, they become school instructors on the grounds that their appreciate imparting their insight to other people. 4. 2Asking inquiry in class and out. In class, understudies must dynamic to partake being referred to and answer meetings. You ought not hesitant to pose inquiry to your speaker. Under the best conditions, a teacher will permit time for understudy question even in enormous talk course. Your inquiry can give a teachers more clear sense how well the person in question is conveying basic idea and issue. You can likewise go to the her office during the routinely planned available time. 4. 3Seeking assistance. In the event that you are experiencing the difficulty in a course, regardless of whether that inconvenience be identified with understanding troublesome ideas, to finishing activities or acclimating to the social or scholarly atmosphere in the study hall, address the instructor about it. One more thing don’t apprehensive for ask an arrangement and let teacher comprehend what you do comprehend and distinguish absolutely where your difficulty lies. Approach speaker for exhortation about what else you can do past taking care of their clarification. 4. 4Conferring with educator. You ought to know about some standard procedures for understudy educator meetings. First recollect that you are visiting a teacher in their specialization office, as this will be the most probable gathering place. Second, be clear about to what extent the gathering will last. Third, make powerful and effective utilize your time with educator. Fourth, watch rules of scholarly behavior. Fifth, on the off chance that you feel requirement for more prominent security, you can request it. 4. 5Choosing your teacher You can pick by the instructor’s official notoriety. You can be control by understudy course assessment or pass by gossip. You can likewise meet the educator yourself, demand a prospectus and follow up on your impressions and senses. You can get some information about up and coming course, and you can clarify your keen regarding the matter. Section 5 : Learning About College Support Services. 5. 1Computer Labs. You will discover the college PC lab a critical asset. On the off chance that you realize that you will utilize the PC place to draft and reexamine your composed assignments, discover from the staff when the inside is open as well as when it is utilize most intensely. In the event that you have your own PC, discover how to connect up with the college PC. Visit the PC lab for explicit data on utilizing its offices and administrations. 5. 2Language Labs. You’ll need to realize what limitations might be put upon your utilization and what the sign up and sign in strategies might be. You can hope to discover the language lab outfitted with singular earphones and cassette decks. In any case, you will likewise discover the book, magazines, and paper in the dialects instructed at your school and maybe in a not many that or not. 5. 3Workshop, Tutorials, Lecturers. Most college or school offer workshop, instructional exercises, gatherings, casual conversation regarding such college assets as PC and language labs. As an understudy we should exploit from this opportunity or office gave by college to us as understudy. Use them appropriately and as an approach to build the extent of your school understanding. 5. 4Club and Other Activities. Club enrollment can be a scholarly encounter just as a social one. It can likewise allow you to create reasonable aptitude identified with your major or your vocation desire. It furnished you with an opportunity to unwind and mess around with doing thing you appreciate. They can improve your aptitude and enhance your scholarly experience. 5. 5Career Planning. Discover what office handles profession arranging, work mindful and entry level positions. Despite the fact that you might be a first year understudy, you ought to ask about vocation arranging administrations, and entry level position, for you may be astounded to find out about open doors for which you qualify even at this point. You may get helpful exhortation about how to anticipate your profession from experienced and educated advisors. 5. 6Counseling and Support Service. Your school or college will offer numerous sort of help benefits, some of them all the more legitimately identified with our scholarly concern. Maybe you might be able to support p

The Role of Business in Society Essay -- Analysis, Dr. Novak

The issue to be researched is that of comprehension Dr. Novak’s conversations of the job business plays in the public arena. The conversation revolves around the subjects of understanding the inceptions of the company, understanding the contrast between partnerships in the United States and Britain, understanding the various meanings of partners, understanding the contrasts among majority rule government and social vote based system, and understanding the developing job of business. (Jennings, 2009) Furthermore, perspectives from Plato, Cicero and Weaver are coordinated to add profundity to the conversation. The issue to be researched is that of comprehension Dr. Novak’s conversations of the job business plays in the public eye. The conversation bases on the subjects of understanding the beginnings of the organization, understanding the distinction between partnerships in the United States and Britain, understanding the various meanings of partners, understanding the contrasts among vote based system and social majority rules system, and understanding the developing job of business. (Jennings, 2009) Furthermore, perspectives from Plato, Cicero and Weaver are incorporated to add profundity to the conversation. Sources of the Corporation Organizations started in the early medieval times through lowered social orders and later created as religious communities, towns, and colleges. These enterprises were elite and firmly constrained by the state. In America in 1636, Harvard University started as a partnership. (Jennings, 2009) This was a lot to the consternation of those situated over the Atlantic, as US citizens’ wanted autonomy from illustrious sanctions and needed to make companies to address their issues. By 1750, the American provinces had six colleges, while England stil... ...fferent times to the requirements of its makers. (Jennings, 2009) End Dr. Novak has solid and all around considered perspectives of the job of the organization in the public eye. His conviction is that the enterprise in the United States is a more grounded and better society on account of its capacity to give awards to partners as opposed to society all in all. Dr. Novak further adds to his contention that by understanding the contrasts among companies and between partners in the United States and Britain he can recognize the inspirations and qualities of enterprises. (Jennings, 2009) Novak’s convictions can be additionally upheld by others on the theme including: Plato, Cicero, Aristotle (Henderson et al, 2009) and Weaver. (Weaver 2008) Dr. Novak likewise incorporates a conversation with the understanding the advancing job of business. (Jennings, 2009)

How to Find CPE Essay Samples

How to Find CPE Essay SamplesThe thing about CPE essay samples is that they are extremely useful in terms of being able to help you with your CPE. They are able to give you a sample of how you can build your own CPE and other information about the required CPE course.If you are looking for a way to gain valuable information and not just plain information, then there are some CPE essays samples which will definitely be a good fit for you. There are many different samples that you will be able to find. There are many different ones to choose from so you should take your time and browse through them before you decide on the one you will use for your CPE.One of the best things that you will want to do is to make sure that you will get a great deal of information about the material that you are going to be using. It is important that you are able to get the information that you need before you make your decision on what you will use. This way you will be able to make sure that you have al l the information that you need to get your CPE.The CPE is one of the most important parts of any college application. It is important that you are able to complete the required CPE in a matter of time so that you can get into your school of choice. However, it is important that you are able to do it in a timely manner so that you will be able to do it on time and in a timely manner.If you are looking for CPE essays samples then you should do a little bit of research on the Internet. There are many different sites online that will be able to provide you with free information. There are also some sites that will charge you a fee.However, the information that you will be getting from these websites will be very useful when it comes to looking for the CPE essays samples. The information that you will be able to find from the sites will include information on what you need to put into the essay. There are different types of essay that you will be able to find but you can be sure that th e information that you will get will definitely be helpful in helping you find the right essay for you.The important thing to remember is that the information that you will be getting is going to be very helpful. You will be able to get the information that you need and that will be very helpful in helping you write a great CPE.

The Queens Maries Maids of Honor to a Queen Mary

Marketing Strategic Planning Marketing Strategy

2.4 MARKETING STRATEGIC PLANNING PROCESS Marketing strategic planning is a management tool to help the organization does better work and understand how to compete for the future. It is a guiding process for the members of an organization developing them necessary procedures and operations in the future. Like a decisions strategy for the organization process, as the process of growing and maintaining a strategic fit between target of organization and capability and it’s changing marketing opportunities (Kotler, 2009). It involves defining a clear company mission, setting supporting goals, designing a sound business portfolio, and coordinating functional strategies. Mission statement: a statement of the organization’s purpose, what it wants to achieve in the large environment (Kotler, 2009). In the first step of strategic planning process, it will supports company to thinking the question like: What is our business? Who is the customer? What do consumer value? What should our business be? (Kotler, 2009) with those questions, that will be acts as a guide that provides a vision and direction for the company until future. Goals setting have a mission that needs to be detailed supporting the goals into each level of management. It will leads to specific business and marketing objectives. The objectives need to be specific. It can be developed the company market strategy. From the strategic planning process, the case company will be easily to identify the elements for theShow MoreRelatedCompany and Marketing Strategy: Partnering to Build Customer Relationships1465 Words   |  6 Pagesable to: 1. Explain companywide strategic planning in its four steps 2. Discuss how to design business portfolios and develop growth strategies 3. Explain marketing’s role in strategic planning and how marketing works with its partners to create and deliver customer value 4. Describe the elements of a customer-driven marketing strategy and mix, and the forces that influence it 5. List the marketing management functions, including the elements of a marketing plan, and discuss the importance ofRead MoreStrategic Marketing Process Essay974 Words   |  4 PagesStrategic Marketing Process The purpose of this paper is to briefly explore the strategic marketing process, specifically the key phases of planning, implementation, and control. In addition, the application of mixed marketing to create a market segments as well as customer loyalty is equally explored. Several relevant scholarly sources were identified to provide research and information about the strategic marketing process and its evolutionary development from the industrial to the informationRead MoreWhy Do Healthcare Practices Need a Marketing Plan?793 Words   |  3 Pagesdescribes an organizations advertising and marketing efforts for the coming year is known as a marketing plan. A marketing plan includes a statement of the marketing situation, a discussion of target markets and company positioning and a description of the marketing mix intended for use in reaching marketing goals (entrepreneur.com, 2012). A second definition of a marketing plan is as follows: a plan that describes the activities involv ed in achieving certain marketing objectives within a given timeframeRead MoreIdentify and Evaluate Key Personal and Professional Managerial/Leadership Skills Including Time Management, Running Meetings, Making Presentations and Stress Management. Explore Methods to Improve These Skills in Order1440 Words   |  6 Pages1(a) A strategy is method by which a company is run in order to generate revenue. Whilst investigating strategies by which companies run, Samsung Electronics Company (SEC) can be considered for a case study due to its remarkable market share, brand reputation and global positioning. Samsung Electronics Company (SEC), founded in 1969 as a member of the Samsung Group, is the largest manufacturer in Korea, with a sales turnover of $23.9 billion in 1997, and accounting for 32.8 percent of the totalRead MoreStrategic Planning in Marketing1445 Words   |  6 PagesStrategic Planning in Marketing Preface The purpose of the strategic planning is to find ways in which the company can best use its strengths to take advantage of the opportunities in the environment. For long run survival and growth, companywide strategic planning is done which involves defining a company’s mission, setting companies goals and objectives, designing the business portfolio, planning other functional strategies. Marketing Strategies and programs operate within the broader strategicRead MoreMarketing Is Not Just Selling And Advertising1022 Words   |  5 PagesMarketing is everywhere and as consumers we see it daily. However, marketing is not just selling and advertising, although they make up a critical role in marketing. With so many forms of marketing, so many products, and limited number of customers: how do firms compete? In an interview with Gail Smith, Chairman and CEO of Abbene | Smith Global, LLC, I received insight on what the requirements for a successful business and how marketing plays a critical role in the day-to-day operations, as wellRead MoreStrategic Marketing : Business World, Tourism And Hospitality Industry Essay1379 Words   |  6 Pag esto deal with the present condition of Great Yarmouth as a tourist destination through the analysis with strategic marketing, planning process, environmental analysis and recommended some strategic options for Great Yarmouth for achieving a sustainable source of competitive advantage. 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The Concept of CSR and Innovation-Free-Samples-Myassignmenthelp

Question: Critically anayse the Corporate Social Responsibility. Answer: Introduction: Strategic management refers to the management of the organization as well as its activities with the help of some effective strategies. In other words, the strategic management is the process of strategically handling the organizational business activities for achieving the desired business objectives. Every organization has its own strategies for running its business in the competitive market of the its own. Along with this, the sustainability of the organization is also determined by the proper implementation of the firms strategies. The areas involved in the strategic management are the analysis of the internal and external strengths and weakness of the firm, formulation of the action plan, execution of the action plan and the evaluation of the action plan (Hitt, Ireland and Hoskisson 2012). Therefore, the strategic management of the firm is considered to be the most important part of the business as it ensures the successful business activities of the firm in the market. However, there are different concepts of the strategic management, which are found to be implemented by various organization in all over the world. The most popular concepts of strategic management are core competencies, generic strategies, mergers and acquisitions, alliances, CSR, blue ocean strategy and many others (Kumar and Reinartz 2012). However, the following discourses discusses one of the concepts which is Corporate Social Responsibility (CSR). Critical Analysis of CSR: Corporate Social Responsibility is one of the popular and effective concepts of the strategic management. The Corporate Social Responsibility (CSR) is also known as the corporate citizenship, sustainability management and in few others name. The CSR is referred to the initiatives taken by the firm for the social and environmental betterment. It is found that any corporation or the business organization operates its business within the social and environmental context. On the other hand, to certain extent the environmental and social aspect are influenced by the corporate activities of the organization. Therefore, it comes under the responsibilities of the firm to perform its duty on the part of the social and environmental context n (Sharma and Kiran 2013).On a different note, it must be noted that the CSR initiatives indicates the firms activities on the social context for the wellbeing of the society. From the 1960s the concept of the corporate social responsibilities started attracting attention of the business firm for providing benefits to the society by the organizational business activities (Guthey and Morsing 2014). The CSR is considered to be one of the strategic management concepts because the CSR is one of the strategies that helps the organization to maintain its sustainability in the competitive market for a longer time. Before the conceptualization of the CSR, it is found that that the organizations were impacting on the environment as well as on the society by the business and corporate activities of them (Prasad and Holzinger, 2013). After the realization of the same by the firms, the acceptance and the implementation of the CSR was the response to the growing concerns on the ethical issues in the business regarding the activities of the firm and its impact on the society and environment. On the other hand, the corporate social responsibility is found to be involved in the economical, legal and philanthropic activities by the firm in terms of doing betterment to the society and the environment (Kitzmueller and Shimshack 2012). Argumentative Discussion: However, the arguments on the subject of CSR has been running over the years. CSR is considered to be one of the business concern for the wellbeing of the society. The basic purpose of the CSR is to maintain the sustainability of the firm in the competitive market. The arguments on the subject is indicated towards the necessity and importance of the CSR in the strategic management of the organizations. Many scholars are in favor of the CSR and some are not. the arguments summarize the importance of the CSR activities in terms of the protection of the interest of key stakeholders, long run survival, self-enlightenment, avoidance of government regulations, resources and professionalisms. Some of the scholars and researchers state that the CSR activities of the company protects the interest of the key stakeholders in the business of the firm (Prasad and Holzinger 2013). The organization is responsible for protecting the rights and social values of the key stakeholders of the firm which is one of the aspect of the CSR activities.To run a successful business in the competitive market, the firm needs to discharge responsibilities towards its stakeholders, especially the employees and consumers. Consumers being the prime factor of the business that determines the profit if the organization in the target market (Guthey and Morsing 2014). Therefore, the business organization needs to ensure the level of satisfaction of the consumers and CSR initiatives is one of the strategic management for serving the same. Long run survival is another factor that indicates the importance of the CSR activities by the organizations. Long run survival is another name of the sustainability which is ensures by the CSR performance of the firm along with the business activities in the market (Lin-Hi and Mller 2013). Not maintaining the social norms is capable of attracting the government to impose regulation on the organizations business activities. If the business activities of the organization affect the society and environment the government can take legal action against the firms. Therefore, the CSR activities is important for avoiding the legal restrictions. The organizations from its business activities possess wide range of resources that can be used in the CSR activities of the organization which often includes minor and aboriginal communities. Therefore, the utilization of the resource indicates the importance of CSR initiatives. Professionalizationof the organization addresses the social orientation of the business. The corporate activities of the business entities are marking the increase of the professionalization of the firms which further includes the maintenance of the code of ethics and legal aspects by the same. CSR activities being a part of the code of ethics marks the importance of its practice. However, there are many scholars who argues that the CSR activities are not important for maintaining thesustainability of the firm in the competitive market. The arguments over the topic states that business entities being the profit organization must not practice CSR activities in order to ensure its business profit. In addition, the arguments marks that the for addressing the social and environmental wellbeing, there are government and nonprofit organizations. The scholars against the CSR activities claims that CSR is the waste of time and resources by the organizations. The CSR is limited under the grounds that are business as an economic activity, quantification of social benefits, cost benefit analysis, transfer of social costs and sub optimal utilization of resources. As stated by Kitzmueller and Shimshack (2012), business being an economic entity must not get into social an environmental activity which will weaken the business activities of the firm in the market. Whereas another scholar points out that social responsibilities is one of the complicated and difficult tasks as it comprises various responsible activities to be done. Therefore, the CSR activities can make the firm less prioritize its business activities due to the excessive quantification of social benefits. The CSR practice of the firm is not a cost benefit act as sometimes the initial budget exceeds the level of benefits. On the other hand, using the cost to the social welfare can result into firms low wages and low profits. Therefore, it is evident from the above argumentative discussion on the CSR practice of the firm that the advantages of CSR are more than the disadvantages. However, the drawbacks of CSR activities of the firm cannot be ignored, but the same can be overcome through proper and effective strategic implementation of the CSR initiatives. The debate over the CSR practice of the organizations raises numerous questions for the organization itself. Some of the scholars raise question about the operational defection of CSR (Malik 2015) whereas some argues with the uniformity in business policies are lacked by the CSR activities. Emergence of CSR Concept: The concept of the CSR activities has been argued by many scholars for its acceptance in the corporate sectors. The CSR took years to get conceptualized by the business organization. It must be noted that most of the business organization in the 21stcentury. Most of the business entities are practicing the CSR activities for enhancing the public image. As opined by Kolk and Lenfant (2013), all the multinational companies must take active part in the CSR practices in order to ensure the sustainability of them in the international market. At the same time, Izzo and Magnanelli (2012) argued that the CSR initiatives is capable of disrupting the sustainability of the firm as it is the waste of money. However, though the conceptualization and acceptance of the CSR has taken several years, but it has been accepted most of the international and national organizations. In fact, almost every popular organization publishes its yearly CSR reportto sustain and make people aware about their social environmental activities. The most effective adaptation of CSR concept is its emergence and acceptance by the organizations as the sustainability development strategies. Consequently, the CSR has become one of the important and necessary part of the strategic management for any business entities. Acceptance and Practice of CSR Concept: The above discussion shows the emergence of the CSR concept as one of the aspect of the strategic management. Among many concepts of the strategic management the CSR has gained the most popularity. The importance of the CSR activities is incased towards the sustainability of the firm in the market (Przychodzen and Przychodzen 2013). Specifically, for any international organization, the CSR has been a mandatory practice. It must be mentioned in this regard that the any market in todays era is highly competitive. Hence, the organizations existing in the market must consider the strategic management in terms of gaining the competitive advantages in the targeted market. For the organizations operating its business in the global context, the CSR has become an inseparable part of the organization. It must not be forgotten that despite having the range of advantages in adapting the CSR activities, there are number of organizations that do not participate in the CSR practices. For ensuring the proper management of business activities, these organizations follow other strategic management such as the generic strategies, core competencies, alliance, mergers and acquisition, blue ocean strategy and others. Some of these strategies are equally effective as the CSR and some are not. The generic strategies are specifically designed for ensuring the competitive advantages of the target market (Tanwar 2013). Any firm uses the generic strategies for the achievement of the cost leadership, focus and differentiation which further leads the organization towards the success in the competitive market (Kinyuira 2014). The generic strategies are used by many firms, specially the new ones. However, though the generic strategies are found to be one of the best aspect of the strategic management, it has not gained the popularity as much as CSR. However, the comparison between the two is not sensible as because it is possible for any firm to use both the aspect of the strategic management. It must be remembered that the generic strategies and CSR despite being the aspect of strategic management, performs different functions. However, all the concepts of the strategic management address the profitability of the firm, but the ways of achieving the same are different (Mahbuba and Farzana 2013). Blue ocean strategy is another concept of the strategic management that creates a brand new market which is excluding of competitor companies. This concept of the strategic management refers to the idea of uncompetitive innovative market which is uncontested (Mebert and Lowe 2017). This strategy is used by some of the organizations in order to create new consumer values (tverkov,?ervinka and Humlov 2012). However, it is found by many of the researchers that this concept of strategic management is not as effective as the CSR. At the same time, the concept often does not provide intended results and this concept is new to the business market. on the other hand, the CSR has gained popularity for its effectiveness. Mergers and acquisition is another effective strategic management concept for securing the profitability of the firm out of the business activities (Schmidt 2015). Mergers and acquisition refers to the consolidation of companies, while merger denotes combination of two or more companies into one whereas the acquisition entails the takeover of the one company by another. It is found from the market research this concept of strategic management is used basically in the financial industry of business. The concept of mergers and acquisition majorly and accepted and followed by most of the organizations in financial sectors (Bena and Li 2014). The effectiveness of the organization is based on the acquisition of the potential customers. However, the CSR concept of the strategic management cannot be ignored and is equally practiced in all industry including the financial one to a great extent. Considering the fact that of sustainability by CSR practices, the same is given high priority and importance by most of the business entities in todays era. Cai, Jo and Pan(2012), found from his researches that the wide number of firms in todays era considers the CSR is important in terms of performing the social responsibilities. There are many organizations in the international context that are taking the CSR seriously for making profit out of the business activities. As mentioned by (Minoja2012), the CSR practices by any firm not only ensures the long run existence of the firm in the industry, but also reduce the risk of losing its ground in the market. the new entry in the market becomes a threat to the existing firm which can be reduced by the CSR initiatives. On the other hand, the impact of the CSR practices plays an important role on the part of stakeholders. the stakeholders of the organization are one of the major part of CSR activities. The stakeholders not only are benefitted through the CSR practices of the organization but also they play a vital role in performing the CSR initiatives. Employee welfare is one of the aspects of firms CSR practices (Minoja 2012). In addition, there are many communities who are helped and supported by the CSR performance of any organizations. The wellbeing astakeholder of the firm to certain extent is determined by the CSR activities of the firm. Therefore, it is evident that CSR practice of the firm determines the relationship of the firm with the stakeholders. On the other hand, the environmental perspective is another aspect of CSR activities as emphasized by many organizations. There are numerous organizations which stresses on the environmental maintenance as the part of CSR activities. The environmental activities such as controlling the carbon emission, green preservation, greenhouse gas management and many others (Malik 2015). In todays era, the environmental preservation is one of the biggest issues that must be considered by every organization. Industrial activities are considered to be one of the primary reason for the environmental degradation. Therefore, the socially aware organization is found to be taking part in preserving the environment and reducing the damage in the same. For serving the noble purpose, the organizations consider the CSR practices to the most effective. It must be noted that all the organization face numerous business challengesin terms of operating its business in the competitive market. The firms perform their CSR activities for avoiding and resolving the business challenges. The business challenges like legal and ethical business practice, achievement of competitive advantages, sustainable business operations can be overcome by the CSR practice (Rexhepi, Kurtishi and Bexheti 2013). The industrial business operation often tends to break the legal and social rules of business. The practice of CSR is capable of making the firm avoid these legal obligations. In the vast market of competition, any company can enhance its public image by its CSR performance which will further increase level competitive advantages achievements. Furthermore, as stated above the CSR exercise of the firm not only ensures the competitive advantages of the firms, but also strengthen the suitability the same in completive market (Saeidiet al. 2015). In fact, the sustainable business operation is one of the reason for firms CSR practices. Therefore, it is evident that the business entities are dependent on CSR practice, however not mandatorily, for reducing the risks that comes from the various business challenges. In regard to the business challenges, it must be mentioned that there are diversechallenges that are faced by the all the business entities in the competitive market in performing the CSR activities. The challenges come from both from within and outside the organizations. The internal challenges may come from the stakeholders such as the investors and employees. The inventors of the organization often create obligation to prevent the firm from practicing the CSR activities (Elvinget al. 2015). On the other hand, the employees may be reluctant to perform job in the CSR activities apart from their organizational job responsibilities. At the same time, the external challenges may come from the legal and social perspectives in many forms. However, these challenges can be overcome by the proper management. Conclusion: Therefore, this can be concluded from the above discourse that strategic management is one of the vital part of business for ensuring the profitability of the firm in the competitive market environment. The above discourse discusses the various concept of the strategic management with the emphasis on the CSR activities as one of the concept. It has taken certain times to get the concept of CSR accepted in the corporate sector. The CSR has gone through various adaptation as the process of acceptance by the corporate entities. However, there have been consistent debate over the concept that implies both the advantages and disadvantages of CSR for the business organization. The discourse makes it clear that CSR activities have become an inseparable part of the business entities in contemporary market. Along with this, the report also sheds lights on the various business challenges that are overcome by the CSR practice of the firms. However, the firms also face challenges in performing t he CSR initiatives, but at the same time, these challenges can be overcome. References: Bena, J. and Li, K., 2014. Corporate innovations and mergers and acquisitions.The Journal of Finance,69(5), pp.1923-1960. Cai, Y., Jo, H. and Pan, C., 2012. Doing well while doing bad? CSR in controversial industry sectors.Journal of Business Ethics,108(4), pp.467-480. Elving, W.J., Golob, U., Podnar, K., Ellerup-Nielsen, A. and Thomson, C., 2015. The bad, the ugly and the good: new challenges for CSR communication.Corporate Communications: An International Journal,20(2), pp.118-127. Guthey, E. and Morsing, M., 2014. CSR and the mediated emergence of strategic ambiguity.Journal of Business Ethics,120(4), pp.555-569. Hitt, M.A., Ireland, R.D. and Hoskisson, R.E., 2012.Strategic management cases: competitiveness and globalization. Cengage Learning. Izzo, M.F. and Magnanelli, B.S., 2012. Does it pay or does firm pay? The relation between CSR performance and the cost of debt. Kinyuira, D., 2014. Effects of Porters Generic competitive strategies on the performance of Savings and Credit Cooperatives (Saccos) in Muranga County, Kenya.IOSR Journal of Business and Management,16(1), pp.93-105. Kitzmueller, M. and Shimshack, J., 2012. Economic perspectives on corporate social responsibility.Journal of Economic Literature,50(1), pp.51-84. Kolk, A. and Lenfant, F., 2013. Multinationals, CSR and partnerships in Central African conflict countries.Corporate Social Responsibility and Environmental Management,20(1), pp.43-54. Kumar, V. and Reinartz, W., 2012.Customer relationship management: Concept, strategy, and tools. Springer Science Business Media. Lin-Hi, N. and Mller, K., 2013. The CSR bottom line: Preventing corporate social irresponsibility.Journal of Business Research,66(10), pp.1928-1936. Mahbuba, S. and Farzana, N., 2013. Corporate Social Responsibility and Profitability: A Case Study on Dutch Bangla Bank Ltd.International Journal of Business and Social Research,3(4), pp.139-145. Malik, M., 2015. Value-enhancing capabilities of CSR: A brief review of contemporary literature.Journal of Business Ethics,127(2), pp.419-438. Malik, M., 2015. Value-enhancing capabilities of CSR: A brief review of contemporary literature.Journal of Business Ethics,127(2), pp.419-438. Mebert, A. and Lowe, S., 2017. Blue Ocean Strategy. CRC Press. Minoja, M., 2012. Stakeholder management theory, firm strategy, and ambidexterity.Journal of Business Ethics,109(1), pp.67-82. Prasad, A. and Holzinger, I., 2013. Seeing through smoke and mirrors: A critical analysis of marketing CSR.Journal of Business Research,66(10), pp.1915-1921. Przychodzen, J. and Przychodzen, W., 2013. Corporate sustainability and shareholder wealth.Journal of Environmental Planning and Management,56(4), pp.474-493. Rexhepi, G., Kurtishi, S. and Bexheti, G., 2013. Corporate social responsibility (CSR) and innovationthe drivers of business growth?.Procedia-Social and Behavioral Sciences,75, pp.532-541. Saeidi, S.P., Sofian, S., Saeidi, P., Saeidi, S.P. and Saaeidi, S.A., 2015. How does corporate social responsibility contribute to firm financial performance? The mediating role of competitive advantage, reputation, and customer satisfaction.Journal of Business Research,68(2), pp.341-350. Schmidt, B., 2015. Costs and benefits of friendly boards during mergers and acquisitions.Journal of Financial Economics,117(2), pp.424-447. Sharma, A. and Kiran, R., 2013. Corporate social responsibility: driving forces and challenges.International Journal of Business Research and Development,2(1). tverkov, H., ?ervinka, M. and Humlov, V., 2012. The Impact of Blue Ocean Strategy in Low-cost Transport.Blue Ocean Strategy,20, pp.40-44. Tanwar, R., 2013. Porters generic competitive strategies.Journal of Business and Management,15(1), pp.11-17.

A Dark Moment In Time Essays - Salem Witch Trials, The Crucible

A Dark Moment in Time The book, The Crucible by Arthur Miller, is a well-written drama of how scapegoating gone to the extreme can bring about tremendous contention and chaos even among the simplest of people. In this case, the victims of scapegoating were the citizens of Salem, Massachusetts. I feel that Miller did an excellent job on the way in which he conveyed the setting, characters, and plot. The story takes place in Salem, Massachusetts in 1692. In their society there is only black and white, right and wrong. Given that the era is the 1600's we know that their lives weren't very complex back then. The people back then mainly farmed and worked from sun up till sun down. Therefore we know that they were a simple-minded people. The characters in this book were all necessary for the reader to have the full knowledge of what was going on in the story. The characters in this story are dynamic and have important roles. There are three main characters: Abigail Williams, John Proctor and Deputy Governor Danforth. Abigail is a contemptuous and beguiling woman who will stop at nothing "?until the last hypocrite is dead" (150). Her motivation is to save her own self no matter what the cost may be to anyone else. Proctor's motivation is to try to make sense out of all of the madness going on around him. Danforth is an incredibly stubborn man. His role in the story is that he is the judge of the witchcraft trials but he considers almost all intangible evidence as proof and rejects almost all tangible proof that is submitted to him. The setting and characters were essential to the unfolding of the plot. Some girls were seen in the forest supposedly conjuring up the devil in the woods by Reverend Samuel Parris but before he could identify all who were there, the girls fled. Parris managed to identify two girls; his niece Abigail Williams and his daughter Betty. Abigail claims that various people have practiced witchcraft on her and that she was totally innocent, when in fact, she is the guilty one. Throughout the book people are blaming witchcraft on each other and surprisingly enough people are actually being hung based on here-say rather than true evidence. One of the only people who can see this madness is John Proctor. He once said to Danforth, "There are them that will swear to anything before they'll hang; have you ever thought of that" (69). Proctor later confessed that he had committed adultery in the past with Abigail Williams. His own wife denies the accusation in hopes to avoid any public embarrassment on her husband and herself. This action incriminates Proctor and he is send to jail waiting for a death sentence. Danforth makes a deal with Proctor; that if he confessed that he had practiced witchcraft, he would not be hung, otherwise he would be. The climax of this story is when Proctor signs the false confession and later decides to tear it up to leave himself some pride and dignity. Arthur Miller conveyed the setting, characters, and plot very well. Each of the three was portrayed brilliantly. I am amazed that something this nonsensical has actually happened in Salem, Massachusetts. Personally I am glad that I don't live in a society that practices such nonsense. Work Cited Miller, Arthur. The Crucible. New York: Penguin Books, 1981. Given all of the numerous characters in the book, I would have to say that I am most like John Proctor. Given that he was a hero, which I'm not, I think that I have some of the same characteristics that he had. He was an honest man throughout the story, and when he wasn't he confessed his sins. He even confessed to committing adultery. "Elizabeth, I have confessed it" (113). I try to be honest at all times. However sometimes I fall short of that goal but when I do my conscience makes me feel guilty and almost always, I right the wrong. Work Cited Miller, Arthur. The Crucible. New York: Penguin Books, 1981. I think that a major issue today is parents using the schools as a scapegoat for unruly children. I personally have heard more than one parent

The Best Man essays

The Best Man essays The dialogue in the movie The Best Man was a significant aspect in portraying the films political message. The first thing I noticed in the dialogue was the sick president saying,The rich used to play polo, but now they play politics. This statement not only suggested that politics were changing by the rich getting into politics but the way he used the word play as if politics were a game. The dialogue further more represents this idea when the poor presidential candidate ends one of his speeches with, May the best man win, where the word win suggests a competition or a game. The movies cinematography demonstrates the game being played. Often in the movie the parties were behind closed doors (smoke filled rooms) where the presidential candidate is the player along with the rest of the party. The party works to dig up the dirt they need to use against their opponents to better their position in the game. This part can be known as dirty politics because not everything done behind closed doors is right or even legal. Its this part of the game that the American people never see, but we do see a certain part of the game that is also very important in who wins. This is the part where the player actually makes his move and exposes the dirt. The player also tells the people what he is about and why he should be the champion. The characterization in the movie helped to establish what kind of player the player is. The rich presidential candidate represents a good player who doesnt want to cheat, he represents pure politics. He says he is a self made man with self made issues which means he hasnt had to cheat to get anywhere and the ideas he portrays are his own. The other player, the poor presidential candidate represents dirty politics. Hes the player who cheats to win. He knows ways to get himself out of trouble and better his posit ...

Que Onda Urban Youth Culture and Border Identity Essay - 4

Que Onda Urban Youth Culture and Border Identity - Essay Example stigation of the Mexican cultural traits, the work demonstrates the brilliance and command of the author over human thoughts and psychology on the one side, and activities and interests the individuals belonging to various ethno-racial groups observe on the other. Thus, Bejarano has skillfully elaborated the problems faced by various ethno-racial communities in respect of their identities and traditions while living in a multi-cultural country and interacting the people belonging to many cultural and social groups. The Mexican youth, according to Bejarano (2007 4), represents the distinguished historical heritage attributed to their traditional civilization. The author views schools and educational institutions to be one of the most astounding reflections of the culture as well as the developments being made within a social structure (4-5). It is particularly the case with the immigrant ethno-racial groups, which make an impressive presentation of the cultural background as well as the social positioning they belong to. The minority racial and ethnic groups, according to the author, adopt several things from the mainstream culture through assimilation and interaction with others. However, an imperative majority of them do not give up the customs and values have been attributed to their forefathers. It is equally the case with the Latinos, Mexicans, Indians, African Americans and Asians at large. It is therefore the age-old minority groups residing in the USA for the last many decades share var ious traits with the newly migrated minority groups belonging to their race and ethnicity (Wilson & Gutierrez 1995 2). It is partly because of the influx of immigrants to the USA by the last decade of twentieth century, where the US administrations supported and promoted immigration in order to invite the brilliant and educated individuals to their country from all corners of the globe at large (Bejarano 23). Modern US historian Marcus Hansen has articulated his principle of

Negligence Paper Essay Example | Topics and Well Written Essays - 1000 words

Negligence Paper - Essay Example The impending dilemma and major complication is that the wrong leg was amputated. The hospital identified to be the scenario of the event was likewise concurrently experiencing problems with the union and a shortage in staff, particularly nurses. In this regard, the aims of the essay are to address the following concerns: (1) to differentiate between negligence, gross negligence, and malpractice. Based on the information, decide if one agrees with the statement in given scenario; (2) to describe the importance of documentation (relating to the given simulation) and its correlation to potential negligence. Specifically, the following questions would be answered: (a) if you were the nurse in this situation, what ethical principles would guide your practice? And (b) how would you document the case to satisfy ethical and legal requirements? Differentiation between Negligence, Gross Negligence and Malpractice According to Delaune and Ladner (2006), negligence is â€Å"the failure of an i ndividual to provide care that a reasonable person would ordinarily use in a similar circumstance. In other words, action that is contrary to the conduct of a reasonable person and results in harm is considered to be negligent behavior. When a nurse commits a negligent act that results in injury, it is known as malpractice† (201). To differentiate the terms to gross negligence, Thorton (2006) averred that it â€Å"is a much more nebulous and complicated concept. Gross negligence is an act or omission ‘which (1) when viewed objectively from the standpoint of the actor at the time of its occurrence involves an extreme degree of risk, considering the probability and magnitude of the potential harm to others; and (2) of which the actor has actual, subjective awareness of the risk involved, but nevertheless proceeds with conscious indifference to the rights, safety, or welfare of others’† (cited from Tex. Civ. Prac. & Rem. Code, Section 41.001 (11), Vernon's 200 6 by Thorton, par. 6). More clearly, malpractice is defined by Stubenrauch (2007) as â€Å"improper or unethical conduct or unreasonable lack of skill by a holder of a professional or official position; often applied to physicians, dentists, lawyers, and public officers to denote negligent or unskillful performance of duties when professional skills are obligatory† (cited from The Joint Commission by Stubenrauch, 2007, par. 1). In the given scenario, the act of the responsible health care practitioner appears to be categorized as gross negligence because of the presence of the elements of omission resulting in extreme degree of risk and harm to the patient. Importance of Documentation According to Stimpfel (2007), â€Å"quality medical charting is important in providing high quality care and also because in the current health-care system, a number of patients who believe they have sustained physical or psychological harm as a result of their healthcare provider’s negl igence bring claims or lawsuits to recover damages† (1). The lack of proper documentation and accurate identification of the leg to be amputated in the patient chart resulted in gross negligence that contributed to bodily injury,

Essay on Assam Essay Example for Free

Essay on Assam Essay Assam has been aptly described by some as ‘the Shangrila of the North-Eastern India’ – a state having breathtaking scenic beauty, rarest floras and faunas, lofty hills, lush tea gardens, undulating plains, mighty waterways, dense forests, fertile valleys, etc. It lies as a jewel of exquisite beauty and charm on the Northeastern horizon of India. Since the days of Hiuen-Tsang it has fascinated the rest of the world with her aura of myth and mysteries, history and folklore, music and dance. Known as Pragjyotishpura (land of Eastern lights) in ancient time and Kamrupa in medieval times, Assam is the anglicised name for the state. The name of the state may have come from the word ‘Ahom the people who migrated to the Brahmaputra valley in the early 13th century and gave shape to the Assamese of today. The state lies between 89 °. 50†² to 96 °, 10†² E. longitude and 24 °. 30†² to 28 °, 40†² N. latitude. Seven Indian states and two foreign countries touch its boundary. Spread over an area of 78, 438 sq. km. State has a total population of 26, 638, 407 according to Census, 2001. We have a clear picture of Assam only from the early 13th cent, when the country was conquered by Ahoms. Later they were ousted by the Burmese, who handed over the area to the British by the treaty of Yandaboo in 1826. All the major races of the world such as, Austro-Asiatic, the Indo- Aryans, Indo-Tibetans, Indo-Burmese, Mongolians, etc. have combined to make the great Assamese people of today. Assam, however, has remained practically a land of Tibeto- Burmese people. Assamiya or Assamese is the lingua franca of the state. Assam can be divided into three natural regions, namely the Brahmaputra valley, the Barak valley and the Hilly regions. These regions are quite distinct from one another with regard to the composition of people, manner of living and culture. The mighty Brahmaputra along with Barak has nourished the state from time immemorial and has been a source of solace as well as a source of sorrow for the people of the state. The economy of the state is overwhelmingly agricultural and about 75% of the population directly or indirectly depends on this sector for their livelihood. Rice, fruits, aracanut, jute, sugar cane, and tea are the chief agricultural produce of the state. The state also produces nearly half of the country’s total output of tea. he state is rich in natural resources such as oil, gas, coal, and limestone. The perfect fusion of heritage, tradition, faiths, and beliefs of  numerous races has resulted in many festivals in the state. The main festivals of Assam are the ‘Bihus’ which are celebrated all over the state by every one with great pomp and grandeur. The most colourful amongst the three ‘Bihus’ is the spring festival known as Rongali Bihu. Nature has abundantly blessed Assam with charming sights and exciting natural scenery. Kaziranga National Park and Manas Sanctuary are the chief tourist centres famous for Royal Bengal tiger, one-horned rhinos and golden langur. The other attractions of the state are the famous Kamakhya temple near Guwahati, Umananda temple, Navagraha temple, Kareng Ghar, Rang ghar, Talatal Ghar, Majuli island, Jatinga, etc. Nestling in the Himalayan foothills the state is rich in cultural heritage, natural beauty, and mineral resources. There is no denying the fact that the state of Assam during the last fifty years has made great strides in many fields. But a lot more remains to be done to bring the state to the forefront of development and progress. Given better political stability, adequate stress on industrialisation, proper utilisation of resources available and less militancy, the state can leap forward to an era of prosperity and all-round development.

Searching for the Location of Creativity :: Biology Essays Research Papers

Searching for the Location of Creativity What causes an artist to feel so passionate about his work? What leads the artist in his choice of an outlet for his creativity? What is it that inspires the artist? Is it possible that all of this is formed completely in the artists mind? Is it the case that the "gift" of creativity and genius is given to some individuals and not others, or is the gift of creativity merely the plague of a mental disorder? Do these artists even have anything in common? Whitman tends to believe that someone does have something in common with him. This is best demonstrated through his poem "Among the Multitude." Among the men and women the multitude, I perceive one picking me out by secret and divine signs, Acknowledging none else, not parent, wife, husband, brother, child, Any nearer than I am, Some are baffled, but that one is not – that one knows me. Ah lover and perfect equal , I meant that you should discover me so by faint indirections, And I when I meet you mean to discover you by the like in you. Here Whitman demonstrates a similarity between people because of some common ground. Although this poem is meant to express a hidden love between a man and a woman, the idea of a common ground work between people can be positioned between artists. In this work Whitman is saying that people with this tie between them know that it is there and can recognize it in an instant. Great artists with a creative nature share a passion for their art as well as a unique way of expressing it. Where does this passion and ability for unique expression come from? There seems to be a myth encompassing the artists with "madness." Could it be that this genius is only the result of a mental disorder? Diana Applegate seems to have explored this in her paper "Toward a Neurobiology of Creativity? Making Connections Between Art, Manic-Depressive Illness, and the Frontotemporal Dementia." She uses Dr. Kay Redfield Jamison’s book, Touched With Fire: Manic-Depressive Illness and the Artistic Temperament, as a main resource. Her final conclusion from this is that, "Jamison's book does not provide us with any answers, but it raises several new and interesting questions. If the behavioral characteristics of the creative process are similar to those of a genetic, neurobiologically-related disorder, then it is conceivable that creativity arises from the interaction of certain neurons in the brain.

Dick Spencer Case Essay

Spencer was a plant manager of Modrow Company, a Canadian Branch of the Tri-American Corporation. Tri-American was a major producer of primary aluminum with integrated operations ranging from mining of bauxite through the processing to fabrication of aluminum into variety of products. The company had also made and sold refractories and industrial chemicals. The parent company had wholly owned subsidiaries in five separate United States locations and had foreign affiliates in fifteen different countries. Tri-American employed approximately 22,000 employees in the total organization. The company was governed by a board of directors. The board set general policy, which was then interpreted and applied by the various plant managers. This decentralization in organizational structure increased the freedom and authority of the plant managers, but increase the pressure for profitability. Spencer started his career in Tri-American Corporation as salesman and he succeeded. After two years of successful work as salesman, he became the symbol of what salesman have to be. In his career in Tri-American, he had worked as salesman, troubleshooter, assistant plant manager in English branch in London UK, plant manager in Birmingham in UK and his last position was plant manager of Modrow company in Canada. It was another challenging position in his career and he had faced few problems regarding to management, organization culture, organization conflict and organization innovation. †¢ Spencer was a plant manager of Modrow Company, a Canadian Branch of the Tri-American Corporation. †¢ Tri-American was a major producer of primary aluminum with integrated operations ranging from the mining of bauxite through the processing to fabrication of aluminum into a variety of products. The company had also made and sold refractories and industrial chemicals. The parent company had wholly owned subsidiaries in five separated US locations and had foreign affiliates in 15 different countries. Tri-American employed approximately 22,000 employees in the total organization. The company was governed by a board of directors, which included chairman, vice chairman, president and 12 vice presidents. Subsidiaries and branches are organized as independent companies and decisions are decentralized. †¢ The Modrow Branch was located in a border town in Canada. The total work force in Modrow was 1,000. This Canadian subsidiary was primarily a fabricating unit. Its main products were foil and building products such as roofing and siding. Problem: 1. Resistance to change by employees, this problem shows when Dick as the plant manager asked the worker why he was using the saw when the material could easily be bent fifted into the barrels, resulting in saving time and equipment. And then the worker said â€Å"We’ve never done it that way, sir. We’ve always cut it†. After all the power saw are removed from the scalp area in order to adjust new method of bending rather than cutting. A few day later Dick find out that workmen using hand shears to cut each strip to cut. 2. Process of Production Problems. In his new position as Plant Manager at Modrow, he found that construction was slower in completion than originally planned; equipment arrived before the building was finished, employees were upset about the extent of change expected in their work routines with the installation of additional machinery, and in general morale was at low ebb. 3. Culture Change Problem; there is the difference between American and British philosophy and performance within the plant. Here, he also found that his power and authority were less than those of his superiors, so he constantly found himself in the position of having to soft pedal or withhold suggestions that he would have liked to make, or innovations that he would have liked to introduce. After a frustrating year and a half, Dick was suddenly made plant manager of an old British company which had just been purchased by Tri-American. He left his first English assignments with mixed and moved from London to Birmingham. In Birmingham, he become a plant manager and operated much as he had in his troubleshooting job for the first couple of years of his change from sales to administration. He did some changes in Birmingham. Training and reduction programs were instituted for all supervisors and managers who survive the initial purge. He tried to focus/ control on relationship between production and the needs from sales by simplifying and redesign in order to increase profit. Later the company showed a small profit for the first time in many years. For this successfulness, then he requested transferred back to United States. 4. Cost Reduction Problem, by the end of his first year at Modrow, the building program had been completed, although behind schedule, the new equipment had been installed, and some revamping of cost procedures had been incorporated. But, the financial picture at this time showed as a loss. Later, all managers of the various divisions had worked closely with their supervisors and accountants in planning the budget for the following year. 5. Human Relations/ Interaction Problems When he worked through his first year as plant manager, Dick developed the habit of strolling around the organization. He was apt to leave his office and appear anywhere on the plant floor, in the design office and at the plant cafeteria rather than in the executive dining room, or wherever there was activity concerned with Modrow. At first his presence disturbed those who noted him coming and going, but later, the workers came to accept his presence and continue their usual activities. Supervisors, managers, and foreman, however, did not feel as comfortable when they saw him in the area. 6. Different corporate culture in Canada, even though Canada is located in same geopolitical areas, geographically and nationally Canada is different country and corporate culture is bit different from USA. And Dick Spencer is American manager who started his career in USA. As we can see from the case, Dick Spencer is basically very stunning to adapt different corporate culture in different countries such as UK and Canada plant career. We can see it from this sentence: ‘†¦ In recalling his first year at Modrow, Dick had felt constantly pressured and badgered. He always sensed that the Canadians he worked with resented his presence since he has brought in over the heads of the operating staff’. At the same time he felt this subtle resistance from his Canadian work force†¦Ã¢â‚¬â„¢. 7. Organization conflict in Modrow plant, there was an obvious conflict between workers and Dick Spencer. We can see it from this sentence: ‘†¦ In recalling his first year at Modrow, Dick had felt constantly pressured and badgered. He always sensed that the Canadians he worked with resented his presence since he has brought in over the heads of the operating staff †¦Ã¢â‚¬â„¢. In the other words, other workers couldn’t live up with Dick’s arrival in the company. 8. Corporate innovation management, at the time of Dick Spencer’s arrival in the Modrow Branch, there was a lack of good corporate innovation management. We can see it from this sentence: ‘†¦ Prior to Dick’s appointment as plant manager at Modrow, extensive plans for plant expansion and improvement had been approved and started. Altough he had not been in on the original discussions and plans, he inherited all the problems that accompany large-scale changes in any organization. Construction was slower in completion than originally planned, equipment arrived before the building was finished, employees were upset about the extent of change expected in their work routines with installation of additional machinery, and, in general, morale was a low ebb†¦Ã¢â‚¬â„¢ 9. Decentralization, basically this is American organization type and American one is more formalistic than European. Decentralization is basically increase the pressure from parent company management. We can see it from this sentence: ‘†¦ This decentralization in organizational structure increased the freedom and authority of the plant managers, but increased the pressure for profitability†¦Ã¢â‚¬â„¢ 10. Lack of leadership for Dick Spencer, in terms of organization leader Dick Spencer shouldn’t include the all the works in the organization. He tried to do it by himself every single things and he aimed to attend every action. In terms of HRM, this is not good character for the good Leader. We can see it from this sentence: ‘†¦ As he worked through his first year as plant manager, Dick developed the habit of strolling around the organization†¦Ã¢â‚¬â„¢. This created the conflict between him and workers. Also this creates dis-approvement from workers. We can see it from this sentence: ‘†¦Supervisors, managers and foreman, however didn’t feel as comfortable when they saw him in the area†¦Ã¢â‚¬â„¢ 11. Lack of knowledge in Human resource and accounting knowledge, these two courses were disadvantage for Dick Spencer in this study in MBA and these two are very important for any organization. In the other way, he can find and hire someone who can do his unknowledgeable fields such as accounting and HR. 12. Too high expectation from management made pressure, we can see it from this sentence: ‘†¦he believed that the president and his friends in the home office were constantly on the alert, waiting for Dick to prove himself or fail flat on his face†¦

Should Parents Assume Equal Responsibility When Raising a...

For thousands of years until today, the best way to officially be the partner of someone is through marriage. People have practiced marriage for thousands of years. Many cultures see marriage as the best method to celebrate the love of a couple until death tears them apart. â€Å"Marriage establishes and maintains family, creates and sustains the ties of kinship, and is the basis of community† (Rowe 2). Marriage is a concept bigger than ones happiness and it is the basic for creating a peaceful home for the family. â€Å"This sense of home requires the dynamic participation of both women and men--the women to mother and the men to father--to fulfill the daily roles of teaching, nurturing and protecting children† (Rowe 2). Your parents’ have an†¦show more content†¦PAGE 2 When you are a child, you are weak and consequently you need both of your parents love and support. What happens if one parent does not put the same effort at raising a child? It is ver y possible for the child to lose the side, potentially leading to a family breakdown. It is very essential that both parents share their duties equally. In order for a child to be a psychologically balanced person it is essential to have a powerful relationship with his/her parents and be in a supportive environment. â€Å"Also, parents should have a good communication with their children and listen to them what they say† (Korkmaz 4). It is very important for the children to know that they are being respected, and their thoughts are taken into consideration.† The time children spend with parents is thought to be important for their cognitive and social-emotional development (Erkal, Copur, Dogan, Safak 2).† While, it is true that a mother should give a sense of nurturing to children when they deal with people, the father’s role is inevitable in building the child’s personality. If a child is nurtured only by one parent they may feel far away from th e other parent and may find other dangerous ways to make up for that loss. It is very important that parents have an equal hand in caring for their child. This wouldShow MoreRelatedShould parents assume equal responsibilities when raising a child?1330 Words   |  6 Pageschildren† ( 2). Parents have an obligation to take care for children, so that when they grow up they are able to become a person who is strong enough to support himself. But there are different opinions whether raising a child should be shared equally between parents. One group thinks that it is essential for a child to grow up with the love and care of both parents. Meanwhile, others believe that child raising should be shared in a way that suits the family. While single parents argue that evenRead MoreShould both Parents Take Equal Responsibility in Raising a Children728 Words   |  3 Pagescondition, and they have a lot of responsibilities against themselves and against people who leave around them. Aft er any couple married they start sharing every responsibility in their life and their life became as a farm: the father is farmer and the mother is a land and the children are the seeds and both parents should take care of these seed as they grow. In fact, there is argument in these important issue that is both parents should assume equal responsibility for raising children. However, some peopleRead MoreShared Parenting and Family Law1608 Words   |  6 PagesWhat is your topic? My Topic is Both parents should assume equal responsibility in raising a child. shared parenting is a controversial topic in family law. 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Within a household, women and men, mothers and fathers, have different roles and responsibilities, much of which are based on the person’s gender. Typically, women or mothers are â€Å"responsibleRead MoreThe Family Of A Family1373 Words   |  6 PagesA father and a mother provide an atmosphere in which to live, grow, and develop. The family culture is established by the parents and instilled in the children during their upbringing. A healthy family, is a family that follows a set of strong morals, stays loyal to one another, cooperates, and works together to avoid household differences. An environment where there is openness amongst family members is ideal because minds that are open are more liable to preventing any anger that their adolescentsRead MoreSusan Moller Okin s Justice, Gender And The Family1738 Words   |  7 Pagesongoing inequality between the sexes and suggest a different type of solution to Okin’s. Explain and critically evaluate their causal argum ents. Which side has the better causal arguments, Okin or Kay/Shipman? Based on the strength of the argument, should we try Okin’s solution to the problem of workplace inequality or take a different approach? Argue for your view on this issue. In this paper, I will demonstrate, with the use of examples, that the causal factors which keep women of our society fromRead MoreEssay on Private Schools Will Not Fix the American Education System1422 Words   |  6 Pagesthat all members of society should have equal access to education. Also crucial was the notion that a basic common education was essential for a true democracy. This revolutionary system is now in indisputable trouble. Many worry about America’s ability to compete with foreign countries while others address the growing dichotomy between the quality of education in different economic areas. 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