Significance of Customer Portfolio Management in Modern Business Essay

Noteworthiness of Customer Portfolio Management in Modern Business Environment - Essay Example So as to recognize the changing client inclinations, firms are to deal with their client portfolios. Many cutting edge innovations are accessible today that can oversee client portfolios and in this manner stay in contact with changing client interests. Keeping all around arranged client portfolios can reinforce client relations and along these lines client maintenance for a long haul. A dedicated client is a priceless resource of any association that adds to the achievement of the firm’s long haul objectives and goals. Researchers mirror that proficient client portfolio the board at various degrees of an association is a central driver of key just as money related achievement. The idea of client portfolio can altogether add to the firm’s endeavors to hold the beneficial fragments of its clients since client portfolio is a likely method to accomplish upgraded consumer loyalty. As per specialists, â€Å"in similarly that we can look at an arrangement of items or brands, the significance of clients as resources and speculation focuses orders a comparative portfolio analysis† (Hooley, et al. 2008, p.436). This paper will investigate the idea of client portfolio the executives. ... Intensive examination of client portfolios can help an organization to recognize how a particular client bunch is performing. To show, client portfolios can be advantageous for a development organization to assess the record receivable of home developer client gathering to get an away from of the degree of monetary hazard, on the off chance that there is a log jam in the market for homes. A company’s client portfolio is contained clients who are gathered dependent on or all the more ‘strategically significant variables’ (Ibid). By and large every client is connected to only one specific gathering in the portfolio. At a certain point, every client is treated as remarkable and at another point all clients can be treated as indistinguishable (Ibid, p.125). While watching the corporate world, the vast majority of the organizations are deliberately situated somewhere close to these two focuses. Alluding to different client the board hypotheses, it may not be a decent m ethodology to deal with all clients similarly except if such an arrangement bodes well for doing as such. Clients change on the grounds of incomes and cost profiles and every client has various tastes, inclinations, and desires (Yang and Peterson, 2004). Accordingly, an organization needs to oversee clients in various manners thinking about their specific needs and needs. To make it all the more clear, redid item and eye to eye account the board may fulfill the interests of certain clients in the B2B setting though normalized item and electronic self-administration would be progressively powerful in addressing the requirements of some different clients. Without a doubt, clients comprise a significant resource of any association paying little heed to its size and nature (Conejo, 2013). Not at all like what numerous individuals think it isn't factors

Essay --

In the book, Refusing the Favor, Deena J. Gonzalez explores how the lives of Spanish-Mexican ladies in Santa Fe were influenced when the United States colonized northern Mexico between the early and late nineteenth century. Her work centers around the social differentiation among the Euro-Americans and the Spanish-Mexicans in the zone. Gonzalez breaks down the accounts of ladies of the period through the viewpoint of the individuals who might offer to them the kindness of expansionism. Thus, she shows her situation through the title of her book. She shows how female occupants of the vanquished domain opposed and hated the recently shown up incredible Anglo migrants. She shows how ladies' reactions to the success were very differing and delineates their endeavors to safeguard their way of life. Quite a bit of her work centers around the financial impacts and social reactions to the procedure of Americanization that occurred in New Mexico after the United States assumed responsibility for the region. The creator challenges the for the most part acknowledged history of the United States that has to a great extent set forth that the U.S. triumph was easy and useful to Spanish-Mexicans in Santa Fe. New Mexico, some time before the United States dominated, consistently had a level of Spanish character. Her work centers around Santa Fe which was probably the biggest city west of the Mississippi and most seasoned of the considerable number of regions of the Provincias Internas that picked to remain with Mexico in 1821. In 1846 the land was attacked and vanquished by the United States. Quite a bit of her understanding is on the lives of ladies in the capital city using a scope of sources, from movement writing, papers, wills, deeds, court records, Catholic Church Archives, Property Census records, and Spanish composed sourc... ...zalez 72). Albeit about portion of the Euro-American men in Santa Fe lived with Spanish-Mexican ladies by 1850, these associations included just a few hundred of exactly 4,000 Spanish-Mexican ladies and were thusly less huge from the point of view of Spanish-Mexican occupants (Gonzalez 74). Gonzalez is a creator with a strategic: needs to turn around customary historiographical understandings about the West, and explicitly New Mexico. She needs to offer life to the dormant voices of ladies who lived in the period. Apparently Gonzalez's essential rationale recorded as a hard copy Spanish-Mexican ladies into the historical backdrop of U.S. triumph seems to show how the ladies of Santa Fe were influenced and how they conquered a difficult frameworks which reshaped their lives. At long last, the creator effectively accomplishes her objective of saving the voices of New Mexican Spanish Mexican ladies.

Exploring the genre and style of the Political Interview Essay Example

Investigating the class and style of the Political Interview Paper Governmental issues is a region in the public eye which is acknowledged as a significant part of our lives. It administers our nation and, therefore, influences how we direct our ordinary issues. Since the business accessibility of TV, government officials host had the chance to communicate get-together perspectives, advance their proclamation and legitimize questionable activities. Live meetings have permitted the country to advance inquiries they need replied, essentially advancing the premise on who we choose to decide in favor of to administer our nation. These meetings are maybe generally striking on Newsnight, facilitated by Jeremy Paxman. Paxman turned into a moderator of Newsnight in 1989 and has since been a pioneer in the inquisitive style used to startle his interviewees. This theme is quite compelling because of the idea of the communication between a delegate of the crowd (the questioner) and the government official. Much of the time, it is apparent that government officials embrace a careful position when responding to inquiries so as to forestall recognitions and hold prominence. Meetings frequently gain diversion esteem when questions are advanced that place the interviewee in a troublesome position, and all the more so when an endeavor is made to redirect the subject to suit the interviewees position. This is a run of the mill technique utilized so as to deal with discussion, and force battles for the responsibility for discussion are consistently distinguishable. We will compose a custom article test on Exploring the class and style of the Political Interview explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Exploring the class and style of the Political Interview explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Exploring the class and style of the Political Interview explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Examining this theme will permit an examination of the meetings to be made. This can help decide if language utilized fits in with the thoughts of scholars, for example, Tannen, who expresses that, for men, the world is a serious spot where discussion and discourse must be utilized to fabricate status or increase the high ground. Trudgills hypotheses can likewise be investigated; specifically, his conviction that men would frequently utilize a low glory elocution in this way looking for secret esteem by seeming intense or sensible. Theory Both Paxman and the political interviewees will show normal male discourse to pick up strength and authority over the discussion. Points The points will be to: Research how male language is utilized to attest responsibility for discussion Contrast my discoveries and research on male sexual orientation language from scholars, for example, Tannen and Trudgill. Technique For this examination, optional source information was picked up as two individual transcripts of Newsnight meets among Paxman and George Galloway and Theresa May. These were acquired from the web rather than being recorded from live projects for various reasons. Right off the bat, the chronicle of transcripts is tedious, consequently meaning it would not have been suitable to gather essential information from live projects. Looking into promptly accessible transcripts permitted a scope of meetings to be perused, which means the most semantically fascinating concentrates could be utilized. Five potential transcripts were gathered, and of that, two were picked for additional investigation. A male legislator and female lawmaker were utilized so as to check contrasts, assuming any, in the language style utilized, and whether this profoundly affected the viability of predominance in discussion. Had two male lawmakers been chosen, it would have been difficult to reason that the language utilized was commonly male as there would be no reference for examination. Regardless of the way that lone subjective information will be utilized, the examination that can be produced using these sources will be adequate in meeting the points and demonstrating or invalidating the speculation. Quantitative information is to a great extent unessential for this examination. To guarantee legitimacy, the transcripts have all been sourced from the respectable news sites. The BBC is the maker of Newsnight, so there is minimal possibility of modification or control of the transcripts to depict an emotional view. The BBC is likewise genuinely legitimate in their political lack of bias. This can't be said for The Telegraph, where Theresa Mays transcript was sourced. Be that as it may, both Theresa May and The Telegraph hold preservationist sees and along these lines adjustment is additionally far-fetched. As far as the ethicality of the information gathered, the members, being Jeremy Paxman and the three lawmakers, would have known that they were being recorded and communicated. Thusly, their assent would have been given at the time they were recorded and citing removes from the transcript will be moral. So as to fulfill my points, I will investigate an assortment of characteristics that make up the etymological system, for example, the interactional, linguistic, lexic-semantic, grammatical and phonological highlights. Examination The primary information extricate is from a Newsnight meet between Jeremy Paxman and George Galloway on the fifth May 2005. The meeting was directed not long after George Galloway increased a seat for the left wing ideological group Respect in Bethnal Green and Bow, supplanting Labor MP, Oona King. Paxman starts discussion by tending to the crowd with the proviso Were currently joined from his include in Bethnal Green and Bow by George Galloway. The withdrawal were gives solidarity and feeling of union between the questioner and crowd, maybe done as such so as to allure biased inclination. The inquiry are you pleased with having disposed of the not many dark ladies Parliament is then inquired. The modifier glad gathers a feeling of joy or fulfillment over a specific activity, which Galloway excuses promptly with the straightforward sentence What an absurd inquiry. This self evident truth articulation permits Galloway to increase high ground as it tends to the ridiculousness of what is basically an allegation of prejudice. Subsequently, a job inversion can be seen. Galloway utilizes the individual pronoun you to offer a conversation starter towards Paxman. This is maybe the primary away from of a skirmish of responsibility for discussion and fits in with parts of Tannens hypothesis. She contends that discussion for most men is an essential way to save autonomy, and arrange and keep up status in a progressive social request, deciding on a report position instead of a females affinity position. A fight for social chain of command can be seen when Paxman abstains from addressing the inquiry, with the amusing and to some degree two-faced answer Youre not noting that one?. As per Tannen, rivalry for status drives men; in this way they are more calm with strife. Galloway demonstrates this hypothesis when struggle emerges in the wake of advising Paxman to proceed onward to [his] next inquiry. The basic order move goes about as a request, in this manner testing Paxmans command over the meeting. This can be upheld with Tannens hypothesis of male languag e utilizing orders, while ladies would utilize recommendations to convey a longing. An offer for higher status can be seen when Galloway states If you pose that inquiry once more, Im going, I caution you now. This conflicts with the standard of meeting behavior in that the questioner has been tested. The reaction Dont attempt to undermine me Mr Galloway, if it's not too much trouble uncovers various methods in endeavor to reestablish convention. The action word attempt proposes Galloway flopped in giving the risk. Besides, the utilization of the title Mr and the government officials family name is too much formal for use during the center of the discussion, maybe done as such to state eminence. This could have likewise been done in endeavor to deprecate Galloway, yet this is subverted by the qualifier please. This progressions the sentence from an order to a solicitation, and the situation of the word toward the end construes an idea in retrospect from Paxman. Galloway diffuses the force of the trades by supplanting the action word undermine with badger Youre the one whos attempting to badger me. The undertone of inconvenience from this word deduces the seriousness of the meeting is minimal in excess of a fight to Galloway. This could be a contemptuous system to feature Paxmans trifling counters. Towards the finish of the meeting, Jeremy Paxman again intimates that Galloways thought processes were to understanding racial pressures. Now, George Galloway goes astray from reaction and again legitimately defies the scrutinizing You are really leading one the most even by all accounts one of the most silly meetings I have ever taken an interest in. Utilization of the enclosure even by all accounts shows Galloway knows about the language strategies Paxman utilizes, as though attempting to bait the interviewee into giving an ideal reaction. This demonstrates the downfall of the meeting as the off theme nature demonstrates a refusal to reply. An endeavor to win authority of the discussion is made with the straightforward sentence I have recently won a political race. This comes as an affirmation of intensity and notoriety, which apparently, depicts Galloway in a vain light, yet demonstrates matchless quality in any case. Paxmans reaction Im not offending them, Im not offending you shows unpretentious male sexual orientation language. The withdrawal Im inclines towards Covert distinction, a hypothesis originally presented by William Labov. The language, regardless of being mediocre compared to the conventional I am, proposes a progressively secure and less socially optimistic position, passing on an extreme or practical message. Diminish Trudgills investigate during the 1970s into language and social class additionally reaches comparative resolutions with respect to secretive renown. The job inversion of inquiries by the interviewee and replies by the questioner proceeds as Galloway requests congrats on his triumph. Paxmans reaction is one of dutifulness, and offers his congrats, potentially to conciliate Galloway and regai

Alcohol-Impaired Driving - Free Essay Example

     As one might expect, the exhaustion of alcohol is common around teenagers in this day in age, despite the legality of it. There has been constant talk of whether the legal drinking age limit in the United States should be maintained at 21 or lowered to 18, like many of the other countries around the world. Once a teenager hits the 18-year old mark, they are exposed to a world of seemingly unlimited possibilities: they are eligible to enlist in the military and can buy cigarettes and lottery cards, so why are they unable to drink, right? Well, by lowering the drinking age, adolescents are more at risk of putting their lives in danger. Underage drinking may result in alcohol-impaired driving, sexual assault, a decrease in their school performance, and ultimately, alcohol dependence later on in their life. There are a number of reasons as to why the limit should be lowered, but there are just as many stating why it should remain the same. Alcohol-Impaired Driving Driving under the influence is one of the biggest leading causes of death, and a large percentage of accidents are caused by underage drivers. For most, hitting 15 and 16 years old means getting a car, and being so excited to finally be out on the road on their own. Being 15 and 16, they are also just entering high school and wanting nothing more but to fit in with what they deem as being the â€Å"right crowd,† also known as the more popular kids in school. High school is the time for experimenting, as most would say, and what other way to â€Å"experience† anything than by going to parties. It is no secret that with parties comes drinking. Drinking impairs the drivers ability to focus, which can inhibit the ability to drive. High school students and underage drivers as a whole are more likely to find themselves involved in fatal accidents with alcohol in their system. A blog written by Lindsay Williams states that the CDC reported 2.4 million high school teenagers drive intoxicated each month (Williams, The Dangers of Underage Drinking and Driving). Adolescents are 17% more likely to get into fatal car accidents, the article says. Young drivers tend to have higher risks of getting into these accidents because most are new drivers, so by adding alcohol to the mix, it increases the dangerousness. In the U.S., there is zero tolerance for underage drinking, so when high schoolers get into accidents, they will suffer great consequences. In another article, it was noted that younger drivers are more susceptible to getting into accidents with any amount of alcohol in their system (Brande, Underage DUIs: 6 Sobering Facts About Drunk Driving). It is illegal for anyone under the age of 21 to consume alcohol or they will receive a DUI, regardless of their blood alcohol concentration (BAC). The CDC wrote in an article that 1 in 5 teen drivers involved in fatal accidents had alcohol in their system and sometimes it has gone beyond that of the legal limit for adults (Centers for Disease Control and Prevention, Teen Drinking and Driving). Along with impairing drivers on the road, intoxication among the youth may put them at risk of sexual assault. Risks of Sexual Assault High levels of intoxication can lead to physical impairment along with cognitive impairment, resulting in adolescents making poor choices without realizing it. Underage drinking can lead to a greater risk of sexual assault and puts them at risk of obtaining sexually transmitted diseases. A study conducted by Amy Young showed that alcohol was involved in 12-20% of sexual assault cases. (Amy Young, Alcohol-related Sexual Assault Victimization Among Adolescents: Prevalence, Characteristics, and Correlates). As adolescents are exposed to alcohol at such young ages, they are more likely to engage in sexual activities, putting themselves at a greater risk. They are more likely to have STDs. Jasmine Bittar wrote in an article, The Relationship Between Alcohol and STDs, that excessive consumption of alcohol lessens the strength of an individuals immune system and makes it easier for them to catch an STD (Bittar, The Relationship Between Alcohol and STDs). Increased sexual activity beginning from a young age can result in the chances of unwanted pregnancy. In Effects and Consequences of Underage Drinking, the author states that teenagers who get a headstart on drinking are more likely to have unprotected sex which can ultimately result in unexpected and/or unwanted pregnancies (Hanes, pg 5). These challenges can cause further issues, such as a decrease in school performance. School Performance Binge drinking damages the minds of teenagers, harming their levels of performance in school. When students become wrapped up in all the late-night adventures and parties that come with the â€Å"fun† part of high school, they lose sight of what is really important: their education. Adolescents begin to worry less about attending school or doing homework. The amount of alcohol consumed by an adolescent has effects on whether they decide to go to college or not. Excessive alcohol consumption can transform the natural structure of the still-developing brain (The Effects of Alcohol Use on Academic Achievement in High School). Alcohol slows the part of the brain responsible for critical thinking, and with inordinate amounts of it, young people especially begin to lose interest in everyday responsibilities such as their schoolwork. Too much alcohol over a long period of time can lessen the ability of teens to focus or study. The frontal lobe is the area of the brain known as the â€Å"control panel,† responsible for critical thinking skills that are essentially needed when it comes to striving academically. When exposed to alcohol it alters the chemistry in the brain, lowering the strength of the â€Å"control panel,† causing individuals to make irrational decisions wherever they are. It minimizes the ability to focus, thus affecting school performance greatly (Hylton, The Effects of Alcohol on Academic Performance). Drinking in hi gh school is, more times than not, associated with the peers teenagers hang around during school hours. The peers in school can directly impact the likelihood of others beginning to experiment drinking alcohol because they believe it is considered to be cool. Students who drink more often tend to be the same people who have poor grades. A lot of this has to do with the kinds of people they associate themselves with (Hanes, pg 4). Studies show adolescents that drink are more likely to have alcohol dependency issues later in life. Alcohol Dependence People who begin drinking alcohol early on, have higher chances of becoming dependent on it when they are older. Studies show that people who began drinking before age 21 were significantly more dependent on alcohol than those who waited until they officially turned 21 to drink. 47% of teens who began drinking before age 14 became dependent at some point versus the 9% of people who struggled with dependency even when they waited until 21 years or older (NIAA, Early Drinking Linked to Higher Lifetime Alcoholism Risk). Alcohol is a dangerous depressant that not many are aware of, although it is used constantly. It has the same effects as that of any other kind of depressant drug; it slows down an individuals performance and leaves them incoherent at times. It is one of the most common types of drug and people can easily become addicted without having realized it. Teenagers especially, are more vulnerable to binge drinking because they have not yet fully developed that decision-making part of their brain, that helps differentiate right from wrong (AddictionCenter.com, Widespread Underage Drinking). People, old or young, drink because it gives them a sense of pleasure. Sometimes, this pleasure helps fill a void that might have been left for whatever reason, whether it be because of a breakup or just another bump in the road called life. Binge drinking gives adolescents a sense of pleasure because they feel they are more grown-up and have control over their lives, causing them to forget the long term effects it can have. Researchers found that adolescents who began drinking before age 15 were 50% more likely to be dependent on alcohol by the time they reached adulthood (T, Early Drinking Age Linked to Risk of Alcoholism). It has also been noted that alcohol may, in fact, be a gateway drug to other more life-threatening drugs (The Recovery Village, Is Alcohol Used As a Gateway Drug?). It is important that the youth recognize the continuing consequences that come with underage drinking. While drinking alcohol may be fun and ‘everyone does it,’ it can have many serious repercussions. Many people do not realize that alcohol is just as bad a drug as other addictive drugs. What makes it so addictive is the pleasure it brings people everywhere, not just adolescents. Alcohol-impaired driving by underage drivers is a problem that is one of the top causes of fatal accidents in the U.S. Driving under the influence is one of the key reasons as to why it is so important that the legal age limit remain 21. Another serious risk of underage drinking is the increased chance of engaging in risky sexual behavior, which can lead to unsought outcomes, such as pregnancy or STDs. An impaired mind is the perfect recipe for disaster; the parties involved are often not sober enough to form coherent thoughts, not fully processing what they are doing, putting themselves in what can turn into a dangerous situation. Peer pressure plays a big role in inspiring vulnerable teenagers to experiment whenever they are given the chance. It can damage the minds of teenagers, making them feel as though they do not need to put as much effort into their schoolwork as they might have done before. There is also a higher likelihood of teenagers who began drinking early to become alcohol dependent well into their adult life. Alcohol in the United States is the most popular form of drug abuse. It is important that the legal age remain 21, to help prevent adolescents from drinking illegally, as often as they do. If the necessary precautions are being met, it will ensure a further attempt at keeping the future generations safe from the backlash that underage drinking may bring.

Essay on Handmaids Tale - Conventional Relationships and...

In today’s society, a ‘conventional’ relationship between a man and a woman is easily defined. It is one based on freedom of choice by both partners, equality of gender, and emotional attachment. It is acceptable to say that in Atwood’s novel, The Handmaid’s Tale, none of these are permitted. This book shows a society completely unlike our own, one that has been constructed on the Old Testament, where women are seen as ‘biological vessels’ and are obsequious to men, and there is no place for ‘romantic love’. The setting of The Handmaid’s Tale – known as Gilead – is a totalitarian government, originally based on Old Testament patriarchy. This structure forbids rival loyalties or parties, so all loyalty must be for the group of men that†¦show more content†¦Sometimes their ritual behaviour can be made bearable by the award of luxuries. Wives – being closest to the Commanders – have ready access to ‘black market’ items such as cigarettes and makeup, even alcohol. Handmaids on the other hand, are given their necessities, but things like hand cream or cigarettes are merely desirable items at the back of their mind – bait to be used by more powerful figures. These women have been placed to serve their government through their positions and relinquish all desires for emotional attachment. By having legitimate groups of women, it follows to have illegitimate groups. During the story, we are introduced to the concept of â€Å"unwomen† – those who are unable to reproduce, or simply refuse to obey orders. Another illegitimate group that we learn of is the one that Moira eventually joins – prostitutes or ‘Jezebels’. These two groups only reiterate the point that individualism is not allowed, and is not welcomed, in this government. The assigned roles of the women help to form the socially acceptable relationships of Gilead. The most formal of the man-woman relationships in The Handmaid’s Tale is that of the Commander and his wife, Serena Joy. On the surface, these two people appear to everyone as a lovely married couple – one obedient to the State and it’s rules. The reader knows that Serena is protective over her husband from the beginning – â€Å"As for my husband, she said, he’s just that. My husband. I want that toShow MoreRelated Harold Pinter Essays3305 Words   |  14 PagesBirthday Party, The Caretaker, The Homecoming, Betrayal, Old Times, and Ashes to Ashes. He has also composed a number of radio plays and several volumes of poetry. His screenplays include The French Lieutenants Woman, The Last Tycoon, and The Handmaids Tale. He has received numerous awards including the Berlin Film Festival Silver Bear, BAFTA awards, the Hamburg Shakespeare Prize, the Cannes Film Festival Palme dOr and the Commonwealth Award. Harold Pinter was born on October 10, 1930 in HackneyRead MoreEssay Prompts4057 Words   |  17 Pagesof Solitude Catch-22 Othello Crime and Punishment The Scarlet Letter The Crucible Slaughterhouse-Five A Farewell to Arms Song of Solomon Ghosts The Stone Angel The Great Gatsby The Stranger Heart of Darkness A Tale of Two Cities The House of Mirth Their Eyes Were Watching God Jude the Obscure 2003 (Form A): According to critic Northrop Frye, â€Å"Tragic heroes are so much the highest points in their human landscape that they seem the inevitable conductorsRead MoreEssay on Silent Spring - Rachel Carson30092 Words   |  121 Pageshad been battling cancer. Author Biography 5 Plot Summary Chapter One Carsons survey of the research on pesticides opens in a most unscientific fashion with a tale about an American town that has suffered a series of plagues. At chapters end, Carson acknowledges that the town is an imaginary one, but lest the tale be dismissed as mere fantasy, she hastens to add that each of the catastrophes it catalogs has actually happened somewhere, and many real communities have already suffered

Accounting The Language Of Business - 913 Words

Introduction According to Gaspar (2014), accounting can be viewed as â€Å"the language of business† as it records, summarizes and reports the financial activities and events of a business. The information that is generated from accounting is used by people to make important decisions, such as managers, stockholders, potential investors, and creditors. The income statement, balance sheet, statement of retained earnings and statement of cash flows are the most important reports generated by the accounting information system. Income Statement According to Melicher (2013), the purpose of an income statement is to list â€Å"the revenues generated and expenses incurred by a firm over an accounting period, such as a quarter or year.† Per Gaspar (2013), review of income statements provides information such as how much income a firm earned or lost during a specific period. Further it summarizes profits earned and expenses acquired over a period of time with the result exhibiting a net income or net loss. Melicher (2013) identifies the major types of expenses that are shown on a typical income statement to include the costs of producing or manufacturing goods and services, expenses incurred from selling, general and administration, depreciation, interest expense and income taxes. The costs of producing or manufacturing good and services which are sold, includes the costs involved in the production of goods and services, including overhead, labor and materials utilized. Additionally,Show MoreRelatedAc counting Is The Language Of Business1286 Words   |  6 PagesAccounting is a major that teaches the language of business, it opens doors to the business world all over the globe, the possibilities with a accounting major is endless in the business field. Whether you want to run your own business or become a certified public accountant majoring in accounting gives you the establishment. A major plus in having a career in business is the flexibility it offers. Many businessmen can make their own hours and handle their business at the comfort of their own homeRead MoreAccounting Is The Language Of Business4305 Words   |  18 PagesIntroduction Accounting is the language of business. It is a profession that is being guided by principles, concepts, conventions, laws, etc. All these fundamental building blocks serve as common and general compasses to all practitioners of the profession. In some cases, they are nation-wide tailored, while in other cases, they are universally tailored. Accounting as a living, practical, dynamic and realistic profession covers so many areas of social, economic (business), and governmental activitiesRead MoreAccounting as a Language of Business6003 Words   |  25 Pages1. Define accounting? 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Economics of Globalisation

Question: Discuss about theEconomics of Globalisation. Answer: Introduction In the high competition, every firm nowadays tries to expand its market and enter into the foreign market in order to increase its profit and market share. In this project, Diamond Technology had been taken into consideration. It is an international industry that deals with consulting and designing services within the Electronic Service Integration industry. The company provides services such as consulting, D-tools for training and implementation of strategies, and sales tools. Target Markets and Market Analysis The company aims to enter the market of Turkey. The selected country can be considered as one of the growing economy in terms of electronic service industry. Turkey is open for liberal trade investment. Due to this reason, the organization Diamond Technology will be highly beneficial this market can be penetrated effectively. There are several domestic players, which are present in the given industry. Vestel Elektronik and Casper Bilgisayar Sistemleri can be considered as the primary competitors for Diamond Technology. It is also expected that this sector will incur positive revenues in the near future. Moreover, this market can be considered as one of the untapped markets in comparison with other international markets. Apart from this, the cost of labour is not on the higher side, therefore, it is expected that the organization Diamond Technology can easily cross their break-even point within few years. Marketing Strategy In order to consider the marketing strategy Diamond technology, the managers of the company takes the help of the 4 Ps marketing mix strategies. Product: Diamond technology tries to innovate the products and the services offered by the company in order to meet the demand of the customers in the new market. A market research about the taste and the preference of the customers give a knowledge about the changes required in the market. Price: The managers of the company considers price skimming strategy while entering the market of Turkey. The managers decides to lower the price of the service than its competitors in order to attract more customers towards the brand. Place: The areas that are more concentrated is chosen by Diamond technology to open a store for the company. This helps to increase the sales and the revenue of the company. Promotion: Diamond technology considers effective promotional strategies like advertising, sales promotion, discounts, sponsorships in order to promote the products and services offered by the company. Figure 1: 4 Ps of the marketing mix (Source: As created by the author) HRM Strategy The human resource management team of Diamond technology employs a number of HRM strategies that not only help the company to enter the market of turkey but also sustain in the high competition. The strategies implemented by the company are as follows: Talent management: The managers of the company try to evaluate the talent of the employees in order to identify their strengths so that the appropriate task can be allocated. When the employees are given the responsibility of the task in which they are efficient, the productivity and performance rises. Continuous improvement: The managers intend to lay focus on the innovation of the services offered by the company to ensure competitive advantage over its rivals. Employee relation: the relationship between the management and the employees can be improved by defining and clearing the objectives and the changes needed in the company. Supply Chain Strategy The supply chain strategy used by Diamond technology is adopting demand-driven planning based on the real time demand insight and the shaping of demand. Further, the company tries to build up a supply chain that is adaptive with the rapid planning and the execution of the plan (Papadopoulos and Heslop 2014). The company tries to optimise the design of the product for supply, manufacturing, and sustainability in order to increase the profit margin.One of the other strategies that help the organisation to gain an enhanced supply chain is to align the supply chain with the organisational goals. This can be done linking the sales and the operational planning with the corporate business planning. Market Selection and Entry Mode Strategies Papadopoulos and Heslop(2014) infers that the success of an organization depends upon the selection of effective market entry strategies. The organization Diamond technology can opt for several market entry strategies. The management of the organization can select a niche market strategy to cater a specific group of customers. With this target, they can opt for mergers and acquisitions with local distributers to order to penetrate through the market. The organization can also opt for a high-street retail pricing strategy to create a branding awareness among the selected group of customers. This will further help the organization to increase their market share and compete with their local and international competitors. In addition to this, with this strategy, the organization can easily nullify majority of the local competitors from competition. Lastly, the organization needs to create a contingency plan as well, if things do not work initially. Internationalization Strategy Diamond technology experiences a threat from the competitors while entering into the market of Turkey. The market of turkey is highly concentrated and therefore there are a number of rival companies of Diamond technology operating in the same industry. The rival companies have strong market base and high brand value. Moreover, they have a sustainable position in the market. On the other hand, Diamond technology have innovation and cost effective strategies with abundant resource. The company considers internalization strategies such as development with foreign distributors and strategic alliance with the foreign partners to carry out the business smoothly (Czinkota and Ronkainen 2013). These strategies are useful in entering the market of Turkey. Conclusion The market analysis and the various strategies help Diamond technology to successfully enter the market of Turkey. Moreover, the current position of the company is stable that indicates that the company has strong possibility of entering into the market successfully and sustain into the market. References Czinkota, M.R. and Ronkainen, I.A., 2013. International marketing. Cengage Learning. Papadopoulos, N. and Heslop, L.A., 2014. Product-country images: Impact and role in international marketing. Routledge.

Teaching Business Graduates in Brazil

Around fourteen years ago, after spending 10 years in Brazil, I came back to Panama with my wife to settle down, start a family and build a career. A few months later I was feeling I wasn’t quite happy with what Panama had to offer compared to living in Brazil, but I wasn’t satisfied with living in Brazil either.Advertising We will write a custom essay sample on Teaching Business Graduates in Brazil specifically for you for only $16.05 $11/page Learn More I remember taking a walk with my father when I realized he should have gone through the same dilemma. As many other Panamanians, my father studied in a foreign country. He and my mother went to Madrid and lived there for 8 years. Two of my sisters and myself were born there while he was studying architecture. In 1976 we came back from Spain to live in Panama and he has been here ever since. So I told my father that I could not continue to stay in Panama because of its chaotic nature and wa s longing for the wonderful relationships I had enjoyed during my stay in Brazil. I made up my mind to go back to Brazil few days later after coming to the realization that there is no perfect country in the entire world. My next trip to Brazil would be more purposeful because I was determined to make a difference in the lives of those around me. I needed to do something instead of waiting for something to be done.  It might seem like a herculean task, but I’ll be satisfied if I could only change people around me. I’m sure you are already doing this too. Actually, I think you have been doing this before I took that walk with my father. You did it with your kids and I’m sure you feel satisfied about it. Now, your task there is done and you have much more to do here in Latin America. Teaching is about sharing knowledge. A good teacher also lets her students find their own answers. This approach gives the students a sense of responsibility. Cooperative learning h elps in motivating students and gives relevance to instructions. The students can work individually or in groups towards realizing the objective of the course. By letting students find their own answers, the teacher sparks some intrinsic motivation in the students that makes them to be more creative and competent. The self- esteem of students is developed through inclusive learning and at the same time enhances team work.   Since graduate students are being prepared to go to the field, teamwork and creativity are essential skills needed and cooperative learning promotes that.  Yes, a lot can be done for Brazilian graduate students and that is a good reason to consider teaching there.Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More Brazil is a great place to live, to teach, and learn. Mostly to learn, it is such a rich and diverse culture. You can have anything between raw indigenous Amazonian vil lages in the North to a European colonial town in Porto Alegre, South of Brazil. There have been more than 10 years since I left Brazil. By that time, Brazil had already dealt with the inflation frenzy, their market was starting to open, and there was an optimistic feeling in the air. Brazilian people have grown one of the most powerful emerging countries in the world and are now part of the group that is shifting the world economies. If I needed to choose between helping Brazil business graduates how to take advantage of this position, or helping Panamanian graduates to help Panama reach a better position, I would prefer the later. There is a lot more that can be accomplished here or in another not so developed Latin American country. This essay on Teaching Business Graduates in Brazil was written and submitted by user Marisol U. 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.

How to Approach Identifying Sentence Errors SAT Writing Strategies

How to Approach Identifying Sentence Errors SAT Writing Strategies SAT / ACT Prep Online Guides and Tips Note:The current version of the SAT no longerincludes this type of question. For up-to-date SAT writing tips, check out our top guide here. Identifying Sentence Errors (ISE) questions, which ask you to pick the error in a sentence out of four underlined sections, seem like they should be the easiest part of the SAT Writing section. After all, you only have to find the error, you don't have to fix it. The test writers, however, are extremely adept at camouflagingthe mistake in each sentence- if you don't know what to look for, you can easily find yourselfassuming there's no error in as many ashalf of the sentences. As such, it's vital that you take a systematic approach to the Identifying Sentence Errors questions. If you count on spotting the error by simply glancingover the sentenceor by lookingfor sections that "sound" weird, you'll miss a lot of questions. In this post, I'm going to detail themost effectiveapproach to these questions and the common errorsyou need to look for: Step-by-step Identifying Sentence Errors strategy Full breakdown of errors to check for Walkthrough of real ACT questions Summary of key Identifying Sentence Errors tips General Strategy for ISE Questions As I mentioned above, you absolutely must have a standardized approach to these questions. Following the three steps below will help you efficiently and reliably determine the answer to ISE questions. #1: Read the Sentence All the Way Through The first step to answering an ISE question is always to read the entire sentence- even if you think the error is choice A make sure to read all the way to the end. This approach will help prevent you from falling into traps. Once you've read through the whole sentence, the error may jump out at you, especially on the earlier, easier questions.Before marking anything down, however, make sure you can articulate why the underlined word or phrase is wrong. Many answers may sound odd without being incorrect. It can also help to double check the other choices to ensure that they're all correct. If you don't find the error, then move onto step 2! #2: Check Each Underlined Portion If you don't find a verifiable error the first time through, then you need to check each underlined section individually. Look at each answer and consider what the possible errors are. For example, if you're looking at underlined verb, you'll want to check if there's an issue with tense or agreement. As you may havesurmised, this step requires a solid knowledge of what concepts these questions actually test. I've created a checklistof errors tolook for below, and you can take look at a full breakdown ofwhat the SAT Writing actually tests. Make sure to eliminate the answer that don't have an error. #3: Confirm Why the WordYou Picked is Wrong It's not enough to pick an answer because it sounds weird or because it's not the word you would use. In order to be the answer, it has to be wrong according to the rules of SAT Writing. (The one semi-exception to this rule isidiom questions,which revolve around common usage rules.) As such, you need to be able to explain what error the answer you picked contains. If you can't do so, it's probably not the right choice. What Errors to Look for in EachSection of the Sentence As I noted in step 2 of the general strategy, it's vital that you know what errors to check for. To help you think through the best way to look for these errors, I've created a full breakdown of the questions you'll want to ask yourself bywhat type of wordis underlined. This list is very long and probably seems overwhelming, but don't panic! You don't need to memorize the whole thing- instead it's meant as study aid. First, make sure you're familiar with all the concepts on the list: if anything looks unfamiliar, just click the link. Then, use this printable version to work through a few ISEsections, to help you get the hang of what errors to look for. When you first try this, it will probably take a really long time. With practice, you'll get much faster though. Finally, keep the list handy for when you review your answers- use the list to go back through the questions and find the error you missed. If nothing else, keep in mind these twokey points: Check each underlined section independently Start with verbs and pronouns Full Error Checklist This checklist outlines the questions you need to ask about each part of speechor common category of word. I've also marked when a specific issue is especially rare (though these topics do still appear). The word types are arranged in the order you should check them, though not every question will be relevant in a given sentence. Keep in mind that some underlined sections may contain more than one type of word: the most common such pairs are pronoun/verb, adverb/adjective, and verb/pronoun combos. When you see these, just check each part. #1: Verbs Is the verb in the correct form and tense? Does itagree with the subject? #2: Pronouns Does the pronounagree with the noun it's replacing? Is it in the correct case? #3: Gerunds (-ing verbs) Is the gerund replacing a main verb and creating a sentence fragment? Is it part of a list that isn't parallel? Has it been incorrectly switched with an infintive? #4: Prepositions Is the preposition idiomatically correct? Does it incorrectly complete a word pair? #5:Adjectives and Adverbs Is themodifier of the correct type? Are -er and -est used appropriately? (Rare) #6: Conjunctions Is the conjunction creating a sentence fragment? Does it logicallyconnectideas? #7:Nouns Is the noun part of a faulty comparison? Is the sentence consistent in its use of plural andsingular nouns? (Rare) #8:Relative pronouns (who, which, that, etc.) Is the correct pronoun used for the context? Does the pronoun have a clear noun antecedent? Other issues to watch out for "Any" underlined often indicates an illogical comparison The presence of comparison words like "than," "like," and "as" also tends to indicate illogical comparisons A sentence with a list often hasa parallelism issue Make sure to watch for redundancy: the use of different two words Concepts thatWon'tBe Tested on the Identifying Sentence Errors There are a number of grammar concepts that students are often concerned or uncertain about that aren't actually tested by the ISE questions. Let's go over these, so that you can have fewerthings to worry about as you prepare! Writing style One of the most challenging aspects of the ISE questions is that the sentences are often phrased in unusual ways that sounds like they could be wrong but usually aren't. Once again, remember that an choice is only correct if you can articulate the error it includes. I've collected some of the common words and phrases that often trip students up but are perfectly acceptable below: a means of long since alike that, whether, and what + a noun (e.g. "That book was boring" or "Whether he likes it or not isn't the question." Who vs. whom Although many students are concerned about the difference between "who" and "whom," the SAT doesn't test that concept: you will never see "who" where you need "whom" or vice versa.Instead of worrying about swapping one for the other, focus on whether the pronoun is correctly referring to a person. Pronoun order Because of the way pronouns are taught in school, it's very common for students to be concerned about the order of pronouns connected by "and" or "or" (e.g. "me and him" vs. "him and me"), but the SAT doesn't test this concept. As long as thepronouns are in the correct case and agree with the words they're replacing, it doesn't matter what order they're in. Reflexive Pronouns Reflexive pronouns, the weird words like "herself" and "myself," tend toseem wrong, since many students don't know much about them. However, on SAT Writing, these words are usually used correctly. If you see one that's underlined, just make sure that the pronoun agrees with the noun it's replacing (e.g. the sentence doesn't use "himself" when talking about a woman). Practice is the key to success on SAT Writing. SAT Examples: Putting the Strategies into Practice I've collected some Identifying Sentence Errors questions from real SATs. For each, I'll walk through the process one step at a time so you can get a sense of how best to approach these questions. Because there are so many different concepts involved in answering these questions, I don't go into very much depth with any of them. If you're uncertain about the details of a specific topic, check out the links above. Example 1 Step 1: Read the whole sentence When going through this sentence, you mightnotice that it'sactually a fragment.If so, the next step would beto determine which underlined part could be changed to fix that issue- that's the correct choice. (Hint: the sentence is currently missing a verb.) However, let's assume you're not sure what the problem is and move onto step two. Step 2: Check each answer choice As I noted above, it's quickest to go through the answers by starting with the types of words most likely to have an error. There aren't any verbs or nouns underlined, so we'll look at B, "containing," which is a gerund, first. The three main gerund issues are parallelism, idiomatic usage, and fragments. Let's go through them one at a time. Is the gerundpart of a list or comparison? No. Therefore, it can't have a parallelismerror. Would the sentence be clearer if you switched the gerund (-ing verb) for an infinitive(to + verb)? Let's check: Formed by volcanic eruptions over the last five million years, the Hawaiian Islandsto containan incredibly wide variety of species- many found nowhere else on Earth. That version doesn't seem obviously clearer, so it's probably not an idiom error. Does the gerund create a fragment?Let's look at just the main clauseof the sentence: the Hawaiian Islandscontainingan incredibly wide variety of species This is clearly a fragment. The gerund "containing" should be replaced with the conjugated verb "contain." As such, B is the correct answer choice. Step 3: Confirm what the error in your answer is Choice B is the answer because it creates a fragment rather than a complete sentence. Moreover, a quick look over the other answer choices confirms that none of them contain an error: A and D are idiomatically correct prepositions andC is an appropriately used adjective/adverb combo. Example 2 Step 1: Read the whole sentence Reading this sentence, I don't notice anything jump out, although D sounds kind of weird. Even if that answer seems tempting we can't pick it until we determine what the error is. Step 2: Check each answer choice First let's check B for errors, since it includes both a pronoun and verb. In general, if you see a pronoun/verb combo underlined, any errors will be with the pronoun (since the verb's conjugation is dependent on the subject pronoun), but make sure to confirm that the verb works. Let's go through the possible errorsfor choice B one at a time. Is the pronoun in the correct case? Yes. "It" is acting as subject for the verb "makes," which is perfectly acceptable. Does the pronoun agree with its antecedent? Yes. "It" is standing in for "the common cold," which is a singular non-gendered noun. Is the verb correctly conjugated?Yes. "It" is a singular pronoun and "makes" is a singular verb. Is the verb in the correct tense? Yes. It's in the present tense, which is consistent with the rest of the sentence and the fact that it is making a general true statement about the common cold. We can now officially declare choice B error free and rule it out. Written out in detail, that process was a complicated, time-consuming one, but with practice you'll be able to do it much more quickly. Let's move on to choice D, "you and me," which also includes pronouns. This section sounds a little weird, but remember that pronoun order doesn't matter- we only need to check agreement and case, like we did above. Do the pronouns agree with theirantecedents?There's no agreement issue, since the pronouns are referring to the person who is saying the sentence and the person he or she is peaking to (even though both of them are abstract). Are the pronouns in the correct case?This question is a bit trickier. It would sound just fine to replace "me" with "I"- "it makes no distinction between you and I"- but "between" is a preposition, so the object case "me" is correct. Although D sounds odd, it doesn't contain an error. We can eliminate it and move onto C, which includes a noun and preposition. We'll check the preposition first since it's more likely to include an error. Is the preposition idiomatically correct?Yes. "Distinction between" is a common expression. Does it incorrectly complete a word pair?No. "Between" is correctly followed by two prepositions connected by "and." Is the noun part of a faulty comparison? No. "Distinction" isn't being compared to anything. Is the sentence consistent in its use of plural andsingular nouns?Yes. There's no issue with agreement. Since we didn't find any issues with C, we'll move onto checking the last answer, A, "one of our most." Given the many different types of words in this phrase, it doesn't make sense to check them all individually (the pronoun, for example, is clearly correct), so we'll just consider some of the bigger potential issues. Is the phraseidiomatically correct?Yes. "One of our most indiscriminate diseases" is a clear and acceptable phrase. Is the superlative/comparative correct? Yes. The common cold is being compared toall of the other diseases, so "most" is the correct word choice. We can conclude that there is no error in A, so we've ruled out all the choices, leaving only E, "no error." Step 3: Confirm what the error in your answer is This sentence doesn't have an error, so the correct answer is E. Image: Allan Foster/Flickr Example 3 Step 1: Read the whole sentence The first time through, this sentence probably seems fine. Ideally, you wouldnoticethe "any" in choice D, since that word is often a clue for an illogical comparison, but it's perfectly fine if you don't. Step 2: Check each answer choice We'll start with A, which is a verb. Is the verb correctly conjugated?Yes. The subject "builders" is pluraland "construct" is a pluralverb. Is the verb in the correct tense?Yes. The present tense is consistent throughout the sentence. Next let's move on to the preposition/noun combo in choice B. Is the preposition idiomatically correct?Yes. "Houses of stone" is a completely acceptable construction. Does it incorrectly complete a word pair?"Of"isn't part of a pair here, so we can just skip this one and go straight to the noun. Is the noun part of a faulty comparison? No. "Stone" isn't being compared to anything. Is the sentence consistent in its use of plural andsingular nouns? No other noun in the sentence refers to the same thing, so there's no issue with agreement. There's no error in choice B, so we can rule it out and move onto choice C, which is the adverb "still." Is themodifier of the correct type? "Still" is describing when the builders use the hammer, so it's correct as an adverb. Are -er and -est used appropriately? There's no superlative or comparison used, so we can skip this question. Finally, let's check choice D. "Tool" is a noun and "any" often indicates a comparison error so let's start by checking for that. Is the noun part of a faulty comparison? The underlined phrase comes immediately after "than," which indicates a comparison. We need to determine what "any tool" is being compared to: it's "the hammer." That comparison seem fine, but it actually includes an error. A hammer is a tool, so it must be compared with anyother tool, rather than just "any tool." D is the answer. Step 3: Confirm what the error in your answer is Choice D is the answer because it creates an illogical comparison. We've also definitely ruled out the otherchoices (except no error). Example 4 Step 1: Read the whole sentence It's possible to spot the error in this sentence right away, but most students don't. Let's go straight to step 2. Step 2: Check each answer choice Once again we start with the verbs, which are in choices A and C. When there are two portions that seem equally likely to contain an error, I generallycheck them in order. Let's look at A, "are truly," first. Is the verb in the correct tense?Yes. The present tense is used consistently throughout the passage. Is the verb conjugated correctly?To determine whether the subject and verb agree, we need to figure out what the subject is. It's tempting to assume that it's "goby fish and striped shrimp" but the compound noun is actually part of the prepositional phrase "betweengoby fish and striped shrimp."(Besides, fishcan't be symbiotic.) Instead, the correct subject is "the relationship." This noun is singular, so the plural verb "are" doesn't agree. A has an error. Step 3: Confirm what the error in your answer is Choice A is the answer because the verb doesn't agree with its subject. A quick review of the other three choices shows that there are no errors in the other options: they sound slightly odd, but the verb is conjugated correctly and the prepositions make sense. Image: Anne Worner/Flickr Round-Up of Strategies and Tips for ISE Questions Now that we've gone through the best ISE approach in detail and put it into practice on some examples, let's review some of the mainpoints that you'll want to keep in mind for your SAT study. As complicated as the process may seem, it will get much easier with practice. But if you're really struggling, even just keeping a few of the simple rules in mind will boost your score. KeyIdentifying Sentence Errors Strategies Always read the entire sentence When looking for the error, examine each choice individually Check verbs and pronouns first, since they're the most likely to include errors When an answer choice contains more than one type of word, check both Don't be afraid to pick E, "no error," if you've ruled out all the other choices Always make sure you can explain what errorthe answer contains Even if you think you know the answer, quickly check the other choicesto confirm HelpfulIdentifying Sentence Errors Tips Watch for comparisons and lists as you readthe sentence; both oftencreate errors when they appear "Any" often indicates a faulty comparison Longer phrases are less likely to contain an error What's Next? Make sure you know how to approach the other types of SAT Writing questions- Improving Sentences and Improving Paragraphs- as well. Don't forget the essay!Here are some tips for boosting your score, a step-by-step guide, and strategies for getting a perfect 12. Finally, check out some key big-picture strategies, like these4secrets to acing SAT Writing and these tipsfrom a perfect scorer. Want to improve your SAT score by 160 points? Check out our best-in-class online SAT prep classes. We guarantee your money back if you don't improve your SAT score by 160 points or more. Our classes are entirely online, and they're taught by SAT experts. If you liked this article, you'll love our classes. Along with expert-led classes, you'll get personalized homework with thousands of practice problems organized by individual skills so you learn most effectively. We'll also give you a step-by-step, custom program to follow so you'll never be confused about what to study next. Try it risk-free today:

Idea of rebellion against the Martin Luther King Essay

Idea of rebellion against the Martin Luther King - Essay Example Getting to understand the issues that the clergymen were raising, one is left with more questions than answers. From my point of view, I saw these as more of political fanatics. The point that Luther was raising was clear and straightforward, while the counteraccusations holding no firm ground. I realized that in life, even the very people that one is fighting for could fight you back. The eight Clergymen based in Alabama did not quite understand the motivation behind Luther or they were ignorant, because racial discrimination affected them too. I learnt a lot about the historical perspective of democracy and the hard path of attaining a racially equal society. Such knowledge is very important for the future generations to understand where our country has come from. Question 2 The world is a dangerous place characterized by disasters and destructive activities. Disasters have denied generations’ access to vital information that could have otherwise helped build on the existing knowledge. Humans are both destructive and constructive; humans through wars, and fires and other human activities have done a majority of the destruction of knowledge resources. These activities are either accidental or sometimes intentional while others are part of the global destruction of a given area. In addition, natural disasters such as earthquakes, volcanoes, landslides, and floods among others have contributed to knowledge loss. Knowledge is lost when libraries are destroyed, important information bearing sites are destroyed or an ongoing research is terminated without trace. Historical information suggests destruction of very many resources as a result of human made activities. Wars are the major contributor of all the destruction of knowledge resources; they sometimes result to other destructors such as fires and looting. The history of library destruction dates back at around 206 AD as a result of a war in China. The result was the destruction of the Epang Palace and S tate Archives, leading to destruction of volumes of resources as well as death of many scholars. Other landmark destructions include the destruction of the Library of the Alexandria, one of the respected and highly used libraries by the early scholars especially because of the many volumes of books and scrolls available. The library was strategic, being one of the early centres of civilization and having a close proximity with Greece, Rome and the Mesopotamia provided an ideal ground for study and knowledge development. The destruction of the library was consecutive leading to the shift of the knowledge base in Egypt to be at the Library of Serapeum that was also later destroyed. These incidences resulted into loss of much knowledge that had been stored therein. Books, periodicals, publications, journals, on going research proposals, tablets, and artistic knowledge bearing pieces of work among others have been destroyed. Destruction of the Nalanda centre in India saw the decline of Buddhism because all the important knowledge was lost. In England, the Glassney College Library was destroyed resulting to loss of some good amount of books. After America gained independence, its Congress Library was destroyed in 1812 after the invasion by the British Army troops who captured the city of Washington and burnt it, in the process many books were destroyed and other materials that were being used by the Congress for their study and research. The Civil War had a great impact on the institutional libraries in the city of Washington where books were burnt, looted and physically destroyed. In addition, the war destroyed the University of Alabama Library. Outside United States, the Public Records Office in Ireland was put into flames, the Japanese troops destroyed various libraries in China, and

Project ManagementTo Build a Log Cabin as a Case Essay

Project ManagementTo Build a Log Cabin as a Case - Essay Example The goal of this project is to ensure that it remains within budget and that is completed within the stipulated time; most importantly, the project aims at ensuring that the customer is satisfied with the final product; beautifully built log cabin, just as the customer wants and expects it to be. This project report is made up of the following critical components and aspects. This project first analyses the projected project schedule and items, as well as the corresponding cost of each project activity; this I done by using two important project management tools, a network diagram, and a Gantt chart. Secondly, this report endeavours to analyse the main factors that may affect the progress and completion of the project. For instance, risk analysis is carried out, with the focus being on the main risk that might affect or impede on the success of this project; for this purpose, a project risk assessment form is used. The third part of this report looks at the project’s emergency plan; these entails the prediction of would be risks and proposing corresponding changes aimed at mitigating the identified risks. Additionally, this report discusses the quality aspect of the project; deals solely with the question of quality control. This entails factors such as project cost control and customer satisfaction, particularly, customer communication. Scheduling and time related issues are also addressed in this section with aim of ensuring that the timely completion of project activities as well as the entire project is guaranteed. Finally, this report reflects on the entire project and offers some conclusion regarding the project; this is with regards to the risk level and the overall quality of the project. This project enables us develop the ability to analyse and solve problems, and enables us to become more objective and rational thinkers. Project

Performance management Assignment Example | Topics and Well Written Essays - 2500 words - 1

Performance management - Assignment Example However it is also found that most of the performance management system and the performance management processes and the performance management systems are tiring in their processes. Performance management system requires managers to go with the employees to a room in a yearly performance management review. The worst problem with performance management system is that the problem lies with one’s performance being reviewed by another person. Pulakos and OLeary (2011) claim the formula for effective performance management remains elusive. Performance management system is not universal and actually every company and organization should have a performance management system that is unique to the organization characteristics and applies to the unique problem that the organization faces. However the problem with most models of performance management is that they are defined on a universal basis. The paper below analyzes the statement given by Pulakos and OLeary in context of the perfo rmance management and tries to address the challenges in an effective manner. Performance management is the process that is designed so as to improve organizational, team and individual performance that is in turn owned and driven by the line managers. According to Lawler there is a large no. of design features which can potentially influence the effectiveness of a performance management system. Many of the different performance management system are studied empirically so as to study the impact of the performance management systems. The research in this field shows that the effectiveness of the performance management increases; when there is consistent and ongoing feedback. The behaviour based measures are normally used so that preset goals are employed. It is reasonable to argue that when the outcomes of performance appraisal are tied to the rewards the performance management system will

Television Violence Negatively Impacts Children Essay -- Critical Thin

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Littleton, Colorado; Springfield, Oregon; Jonesboro, Arkansas; Pearl, Mississippi. These previously unknown suburban cities will forever be branded into our minds. These cities are linked by one devastating factor: young students firing upon fellow students and educators. What causes these young people to "snap" causing the violent shooting sprees? Although the events are too recent to fully understand their causes, we can try to understand what led to the disastrous situations. The impact of television violence on youth behavior has been an issue for many years. Television stations and their executives tend to deny television's contribution to youth violence. In the following paragraphs, I will use various examples to demonstrate the impact television has had on youth violence. This will be accomplished by: discussing the problems associated with television viewing, identifying violence on television, portraying the effects of television violence on younger people, and revealing ways to reduce violence on television. This paper explores these topics by using multiple statistics, by incorporating the views of several public officials and authors, and through my own views as well. In 1939, at the World's Fair, television first came into our lives. In 1938, author E. B. White told Harpers Magazine: "I believe that television is going to be the test of the modern world, and in this new opportunity to see beyond the range of our own vision, we shall discover either a new and unbearable disturbance of the general peace or a saving radiance in the sky. We shall stand or fall by television, of that I am sure." ( Murray, 1) E. B. White foresaw the problems associated with television when TV first arrived, but I do not ... ...ww.aacap.org/publications/factsfam/violence.htm DeMoss, Jr. Robert G. Learn to Discern. Grand Rapids, MI: Zondervan Publishing House, 1992. Goodwin, William. Teen Violence San Diego, CA: Lucent Books, 1998. Gore, Tipper. Raising PG Kids in an X-Rated Society: What Parents can do to Protect Their Children From Sex and Violence in the Media. Nashville, TN: Abingdon Press, 1987. Landau, Elaine. Teenage Violence. Englewood Cliffs, CO: Julian Messner, 1990. Margolis, Jeffrey A. Teen Crime Wave: A Growing Problem. Issues In Focus Series. Springfield, NJ: Enslow Publishers, Inc., 1997 Miller, Maryann. Coping With Weapons and Violence in Your Schools and on Your Streets. New York: The Rosen Publishing Group, 1993. Murray, John P. Children and Television Violence. Kansas Journal of Law & Public Policy, 1993. Volume 4, Number 3, pp 7-14   

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INTRODUCTION: In the competitive market industries of category of domestic, international or global have very competitive rivalry. Cost leadership and differentiation strategies are commonly used strategic management dimensions in the literature (Dess and Davis, 1984; Nayyar, 1993). But to achieve market superiority over competitors and profitability it has to make clear choice over the strategy used in order to avoid ‘the inherent contradiction of different strategies’ (Porter, 1996, p. 67) In today’s market for a company to survive, it has to create two corporate strategies 1.Lowest price without jeopardizing the quality. 2. Better quality, simple way of operation and better look that means ability to be creative and innovative. According to Porter (1985) all generic competitive strategies have different way of cresting sustainable competitive advantage. And a company must always choose a strategy or else it will be stuck in the middle without coherent strategy (Acquaah & Yasai – Ardekani, 2006). Many companies for example Wal – Mart and AirAsia have been implementing a single strategy very successfully.Examples of companies which has used differentiation strategy as single strategy successfully: * Differentiation by Brand: Harley Davidson and Mercedes Benz * Differentiation by Design: Titan watches – with gold studded gems, diamonds, precious metals. * Differentiation by Positioning: Domino Pizza ‘ 30 minutes delivery’ * Differentiation by Technology: Apple Computers * Differentiation by Innovation: 3M. Furthermore there are successful companies which apply hybrid – strategy which implies both cost leadership & differentiation strategy at the same time.Eg: German’s Automotive, Tesco supermarket, IKEA. Competitive Strategy: It is the way by which firms choose to accomplish and hold their competitive advantage. Regarding competitive strategy Porter stated that â€Å"taking offence or defensiv e actions to create a defendable position in an industry, to cope with †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦competitive forces and thereby yield a superior return for the firm†. Companies have established different approaches to competitive strategy, as per the crisis companies should apply respective strategy. The basic of generic strategy:Porter stated that company’s strength is divided into two attributes: cost advantage and differentiation. By applying these attributes in a broad and narrow focus, three generic strategies result: cost leadership, differentiation and focus. They do not represent any industry nor they are specific to any company. PORTER’S GENERIC STRATEGIES: Diagram 1: (Porter, 1980) Normally means â€Å"pursue a quality approach†. Enables a price premium to be charged for the quality difference. Normally means â€Å"pursue a quality approach†. Enables a price premium to be charged for the quality difference.Aim to have lowest cost-base in dustry. Will facilitate favourable / cheaper pricing and thus grow market share in elastic industries particularly. Aim to have lowest cost-base industry. Will facilitate favourable / cheaper pricing and thus grow market share in elastic industries particularly. Competitive Advantage Competitive Advantage Differentiation Differentiation Lower Cost Lower Cost Broad Target Broad Target 1. Cost Leadership| Competitive Score Competitive Score 2. Differentiation| Narrow Target Narrow Target 3 A. Cost Focus| 3 B. Differentiation Focus|Concentrate on one or a small number of market segments. Can be differentiation or cost leadership. Concentrate on one or a small number of market segments. Can be differentiation or cost leadership. Porter initially advised Firms to avoid attempting both Strategies – Stuck in the Middle – as out and out differentiators and cost leaders will tend to be more competitive. The success of Japanese (and other) firms with JIT, Kaizen and TQM techniqu es appears to provide evidence contrary to this view. Requirements for generic competitive strategies:Generic Strategy| Commodity Required Skills and Resources| Common Organizational Requirements| Overall cost leadership| Sustained capital investment access to capital| Tight cost control| | Process engineering skills| Frequent, detailed control reports| | Intense supervision of labour| Structured organization and responsibilities| | Products designed for ease | Incentives based on meeting strict quantitative| | Low-cost distribution system| targets in manufacture| Differentiation| Strong marketing abilities| Strong coordination among functions in R&D, product development, and marketing| | Product ngineering| | | Creative flare | | | Strong capability in basic research| Subjective measurement andincentives instead of quantitative measures| | Corporate reputation for quality or technological leadership| Amenities to attract highly skilled labour, scientists, or creative people| | Long tradition in the industryor unique combination of skills drawn from other businesses| | | Strong cooperation fromchannels| | Focus| Combination of the above policies directed at the particular strategic target| Combination of the above policies directed at the regular strategic target|Four strategic types and their approaches to strategy (Miles and Snow)? : 1. Defender: * protect market share * hold current position 2. Analyser: * seek market opportunities but protect existing areas * hold market share but with some innovation 3. Prospector: * find new opportunities * exploit and take risks 4. Reactor: * respond only to other * often late and inadequate COST AND DIFFERENTIATION STRATEGY: Cost Leadership Strategy – The cost leadership strategy represents cost control and efficiency in all areas of operation (Porter, 1980).A company that decides to follow cost leadership actually achieves it by performing important value chain activities with lower cost (Porter, 1985). Cost â €“ Leadership strategy strives to supply a standard, no frills, high volume product with a competitive price to customers (Bingxin Li & Juan Li, 2008) which is preferred in developing countries India, China, Indonesia & Malaysia. This make product more competitive than others with brand image and good service (Hutchinson et al. 2007; Frambach et al. 2003; Porter, 1980).Cost Leadership aim requires strong focus on supply side as oppose to demand side of market – with high level competitor orientation (Day & Wendley, 1988). Cost Leadership strategy used by companies must benchmark them in a profitable position in the market place. As per Porter (1980), efficient cost leadership strategy minimizes cost in areas like R&D, Services, Sales and Advertising. In Japan, Toyota Company has successfully implemented cost leadership strategy with increased efficiency (Schonberger, 1994) which is a different factor make up in this strategy when compared to the western countries. Allen & Helms, 2001) Differentiation Strategy – The generic of differentiation strategy can be based upon design and brand image, distribution & so forth (Frambach. Et al. 2003). It involves by creating a place in the market that is realized as being different in the industry and has the capability to endure for a long run (Porter, 1980). The effectiveness of strategy depends on competitive offering to customers (Slater & Olson, 2001) with unique product for varied customer groups. This is with the aim to create minimum price of product in order to develop satisfaction and loyalty.A firm with differentiation strategy creates superior characteristics in terms of image, reputation, reliability and equality (Dean & Evans, 1994; Sashi and Stern, 1995). This creates qualitative difference in products & service, engaged in advertising programs, marketing techniques with premium prices (Miller, 1986). According to Acquaah and Yasai – Ardekani (2006). Firms with competitive strategie s has advantage over their rivals as they realized how unique their products and services are.The differentiation strategy has been successfully implemented in France, Sweden, Canada with companies having advantage of Financial and technology resources, human capital and modern management (Aulakh et al, 2000) Focus Porter defined focus as one of the generis strategies but later on mentioned it as moderator of cost leadership and differentiation strategy, Companies which apply this strategy normally focus on the market where there are less competition. (Pearson, 1999). Firms uses this strategy to stress on a specific positioning in the market and so it offers quality and specialized products for that position.Therefore sometimes focus strategy is referred as niche strategy (Lynch, 2003). This strategy allows the firm the possibility to charge a premium price for its specialized products. Ferrari and Rolls – Royce are examples of company using such strategy. The only problem wi th the strategy is that niche characteristic is not sufficient to justify company’s attention. Stuck in the middle – When a company fails to make a choice between the strategies then it is implied that the company is stuck in the middle. Thus affecting its profitability and resulting poor financial performance. (Peter, 1980)THE COMBINATION (HYBRID) STRATEGY: The Porter Generic competitive Strategies (1980, 1985) can’t be given excessive prominence. Competitive forces ( Allen and Helms, 2006; Miller, 1992; Spanos, et al. , 2004) has been termed â€Å" hybrid, mixed, integrated or combination strategies. (Kim. Et al. , 2004; Spanos, et al. , 2004). They combine both low cost and differentiation elements (Gopalakrishna and Subramanian, 2001; Proff, 2000). A combination of cost leadership and differentiation strategies should be distinguish from ‘stuck in the middle’ where firm fails to successfully pursue both. (Acquaah & Yasai – Ardekani, 2006 ).A combination or hybrid strategy has been proved to be viable and profitable (Kim et al. , 2004; Miller & Dess, 1993; Wright et al. , 1991). Firms pursuing combined strategy achieved higher performance than the other firms which apply single strategy. Combined strategy also helps the firm to minimize their vulnerability due to reliance on cost – based advantages only (Yasai – Ardekani & Nystrom, 1996). This hybrid strategy success depends on ability to deliver enhanced benefit to customers with low price and sufficient margins to reinvestment. Tesco Supermarket is following same the same strategy (Strategy Explorer, 2010)THE APPLICATION OF SINGLE STARTEGY: Cost Leadership Strategy: The cost leadership strategy is the basis for long – run compare to price competition. Price competition is easily duplicated (Porter, 1980; Ellis & Kelly, 1992). In retail business cost reduction must be exploited which minimizes cost throughout value chain activities. Important is sues in retail business are related with cost of goods sold. (COGS). Large retail business achieve more easily cost leadership due to more power supplier to secure low procurement prices for purchased goods (Ellis & Kelley, 1992; Anderer, 1997).Datuk Tony Fernandez as CEO of AirAsia Berhad said â€Å"Before business can grow it needs to have its cost under control, efficient and profitable and also it must create value†. AirAsia leader of LCC in Malaysia, Thailand and Indonesia will face competition from existing and new players and it need to make consideration & more stressed for the point of becoming the low cost carrier in the airline industries. Differentiation Strategy: It emphasis several dimensions such as image, gain customer loyalty, innovation and level of service (Kim et al. , 2004) by generating differences n product through intensive marketing & image management (Miller 1988) and creating products which are innovative, dependable, durable, and serviceable (Beal & Yasai – Ardekani, 2000) In retail business company, as for manufacturing companies two main arguments against Porter framework have emerged (Mintzberg, 1996; Worztel, 1987; Zentes and Anderer, 1994) – * Strategies that combine several competitive advantages are not considered by Porter. * The reduction of possible competitive advantage to two basic types is simplistic & especially differentiation advantages can be reached in different ways.The implementation of combination of Cost Leadership and Differentiation Strategy (Hybrid Strategy): This new hybrid strategy may become even more important and more popular as Global competition increase. With generic strategy company improve their ability to adapt quick environment changes and learn new skills and technologies involving customer’s value with products at low cost compare to competitor’s products. Cost leadership enables the company to charge the lowest competitive price and achieving competitive adva ntage by delivering value to customers based on both product features and low price.Competitive strategy is not only feasible but generates superior incremental performance result in multiple sources of competitive advantage. This will generate superior performance over the inability to success. The success of Japanese companies such as Toyota, Canon and Honda are best examples of cost leadership and differentiation strategies. (Ishikura, 1983). Porter’s Generic Strategies in Hospitality Industry: 1. Cost Leadership Strategy: Hotelier such as Fairfield Inns, Etap offer services which are basics. Thus by doing so, they keep the cost at minimum and attract lot of market segment. . Differentiation Strategy: Chain of hotels such as Marriott and Hilton apply this strategy by providing guests with high quality and special service and experience. 3. Focus Strategy: Four Seasons only stress on elite guests and Burj Al Arab hotel only target guests such as royal families, celebrities, and rich industrialists. Five Forces Analysis: Porter developed this model as a framework to understand the profitability about the industry. Mentioned below are the five forces: * Supplier’s power * Buyer’s power * The threat of substitutes * The ease of entry to the market The intensity of rivalry in the market Porter Five Forces that shape industry competition: Example of a pharmaceutical company in US: †¢ Potential New Entrants: There are high barriers for entry especially in the US market due to the regulatory compliance, patent laws and the risk associated with the industry this remains a weak competitive force. The cost related to the R&D also limits the Potentials New Entrants. †¢ Suppliers: Supplier power in low as the majority of the pharmaceutical sale is among the ten large pharmaceutical companies also they remain the major costumer for the chemical industry. Buyers: The power of the buyers is a moderate competitive force. Increasing pressure is being applied on the manufacturers to reduce the prices. In the pharmaceutical industry the end-user of the product has very low power as they buy the drugs that the decision maker or the doctor prescribes. †¢ Substitutes: This competitive power is weak when the products have the patent production but gets medium when they are off patent. CONCLUSION: Successful organization adopts a combination of competitive aspect to build a hybrid strategy. i. e. Design and low cost, quality and price .Only competing on price is not good enough (Daan Assens’s Learning , 2010). Cost leadership and differentiation strategies are very successful in much different kind of industries, for developing, transition and developed economics. Cost leadership, Differentiation and hybrid strategies have been successfully applied for very broad range of products and services from retail products to luxury products. TABLE 1: STRATEGIES USED BY THE COMPANIES No. | Strategy| Where has the strategy bee n applied | Products/Services that the strategy has been applied | 1. Cost Leadership| Developing, Transition and developed economics (worldwide)| Cars Industry (Toyota), Airline Business (Air Asia), Retail Business (Giant and Carrefour Supermarket)| 2. | Differentiation| Developing, Transition and developed economics (worldwide)| Cars and Motor cycle Mercedes Benz, Harley Davidson, Titan Watches, Domino Pizza, Apple , 3M| 3. | Hybrid – (Combination of Cost Leadership and Differentiation Strategy)| Developing, Transition and developed economics (worldwide)| Car Industry – Toyota, Honda, Furniture Industry – IKEA| REFERENCES: Acquaah, M. & Yasai-Ardekani, M. (2006). Does the implementation of a combination competitive strategy yield incremental performance benefit? A new perspective from transition economy in Sub-Saharan Africa. Journal of Business Research 61, 346 – 354. * Anderer, M. (1997). Internationaliseerung im Einzelhandel. Deutscher Fachverlag, Fr ankfurt. * Aulakh, Preet S. , Masaaki Kotabe. & Hildy Teegen. (2000). 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(2006).Competitive Strategy in Retailing – An Investi gation of the Applicability of Porter Framework for Food Retailers. Science Direct. Journal of Retailing and Customer Services 13, 275-287. * Nayyar, P. R. (1993). Performance Effect on Information Asymmetry and scope in diversified Service Firms. Academy of Management Journal, 36, 28 -58. * Pearce, J. & Robinson, R. (1994). Strategic Management–Formulation, Implementation and Control, Fifth Edition. Irwin, Burr Ridge/IL. * Porter ME. (1985). Creating and sustaining superior performance. Competitive Advantage. New York : Free Press. Schonberger, R. (1994). Human Resource Management Lessons from a Decade of Total Quality Management and Reengineering. California Management Review, Vol. 36 (4), 109-134. * Worztel, L. 1987. Retailing Strategies for to Day’s Mature Market Place. Journal of Business Strategy 8 (Spring), 45-56. * Yasai-Ardekani, M. , Nystrom, PC. (1996). 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