Thursday, August 27, 2020

What is the CAPM and of what practical use is it Essay - 3

What is the CAPM and of what useful use is it - Essay Example As indicated by CAPM, the normal return of a portfolio or a security is viewed as equivalent to the pace of a hazard free security in addition to a premium for the hazard factor. The hazard factor is for the most part determined by taking a proportion of hazard called as beta in the model of CAPM. Beta is considered to think about the profits on a specific security to the market return. The equation for the CAPM is as per the following: The advancement of the CAPM was generally to clarify the valuing of hazardous protections in the market. It is considered as a progressively viable way to deal with stock valuation when contrasted with the Markowitz hypothesis which is viewed as increasingly hypothetical (Armitage, 2005, p. 51). The suspicions of the Capital Asset Pricing Model are as per the following: I) It is viewed as that financial specialists when all is said in done will in general boost the utility of their riches. The inclinations of speculators are mulled over through the idea of utility in the CAPM. Financial specialists viewed as additionally ready to face challenges are considered to have expanding negligible utility as to riches while speculators who are viewed as hazard disinclined will in general have less inclination for gradual riches when it is viewed as related with higher hazard. II) It is viewed as that financial specialists by and large show comparable desires as to return and hazard. It is considered in such manner that if financial specialists don't have comparable desires, there will be no homogeneity in the originations of speculators and as such no single effective outskirts line will apply to all financial specialists. III) It is held that financial specialists will in general settle on venture choices on a judicious premise contingent upon their inclination for return and hazard. Hazard is viewed as for the most part estimated by two factors, for example, fluctuation and mean. CAPM is considered to accept that judicious financial specialists will in general broaden away unsystematic

Saturday, August 22, 2020

Fly in the Ointment free essay sample

How does the essayist draw out the environment in Fly in The Ointment? A: The story *Fly in the ointment* , composed by V. S. Pritchett ,focusses basically on a basic dad child relationship where the dad and child are exclusively strong of one another apparently and have lost all regard for one another. The setting of the story is that of the 1930s, which was a period of incredible financial downturn in England, explicitly in London-which is the old neighborhood of the english essayist. Individuals were jobless and were losing their homes and positions. This was the hour of Pritchetts presence, and he experienced childhood in such an air his dad had bombed his business and was jobless, and nothing was going quite well. In this way, In my feeling, the story is fairly self-portraying and delineates the hardships in the writers own life . The essayist starts the story on an exceptionally dull and melancholy note. The air in this piece of the story is very depressing and bleak. The utilization of visual symbolism like *Mud Colored Cloud* (page 112, first passage) in the extremely beginning of the composition foretells the remainder of the story, showing that things are not working out in a good way, and will go more awful later on. The symbolism additionally goes about as an image of misery and issues. Another implying that can be drawn from the expression is that urbanization has happened in the city, and because of such gigantic change in lifestyles the average cost for basic items has expanded by such an over the top sum, individuals can't bolster their families and purchase essential needs fundamental for endurance. The area is destitution blasted and is in ruins. Another significant angle while talking about the climate is that of depression,death and bitterness. The author has utilized words and expressions like Dead hour (page 112, first line ) and Like New Tombstones (comparison, page 112) These expressions delineate decreasing thriving of the area, and how every one of that was in the town before, is currently finishing. This could be utilized in setting of the dads business, which was reaching a conclusion. A climate of a budgetary emergency is made all through the story, which prompts joblessness and demise of individuals because of starvation, self destruction, etc. The idea of death could have likewise been utilized to show that bliss is reaching a conclusion, misery and distress has dominated. There are different illustrations and analogies notwithstanding the ones referenced above, which help in drawing out the air of the story. Some incorporate desert of open structures (page 112, first section) which communicates the way that no open structures are prospering and there is no cash in the economy. This likewise identifies with the way that the dads business has as of late fizzled. There are portions of the story which obviously allude to destitution, which is one more fundamental center when discussing environment and state of mind of the content. There is a feeling of misfortune and shortage, which is appeared by the creator by the expression jobless men and a couple of poor people (page 112, first passage) . This shows the individuals have no cash or food, and are meandering capriciously in the area, for food and different methods for occupation. It is additionally indicated that in an uncommon case, individuals have even taken to asking, which thusly communicates the incredibly shocking circumstance of the depleted economy. The state of mind and tone, which makes up the air has likewise been brought out through the conflict,which is communicated in the lines Better not show up in a taxi,he was thinking. The elderly person will ponder where I got the cash (Page 112, second section). These lines show that the hero, Harold, isn't extremely strong of his dad and that he wouldn't like to offer any monetary help to his dad. The main purpose for his visit to his dad is to maybe get the supposed *old man* off his nerves, and to get him to quit bothering him about a visit, notwithstanding acting ostensibly strong of his dad. The line gives a decent diagram of the substance of the whole story, causing to notice the subject of a shallow, yet basic dad child relationship. This gives the perusers a decent comprehension of the story and its subject, alongside communicating the disposition of the story. Subsequently, there is a ton of Figurative language and a few artistic gadgets utilized by the author to draw out the importance and subject. There is no good faith in the article and the symbolism is distinctive to the point that it tends to be drawn and envisioned. In this, all in all, the environment of the writing is only straight out discouraging, and has no particular good or message to it, that would enable the perusers to advance throughout everyday life or make it an intriguing read. As I would like to think, a story ought to be one which shows us how to manage a specific circumstance throughout everyday life, as opposed to simply expressing the conspicuous verifiable truths which in this situation is my translation of this story. It gives its perusers the message that human instinct is unchangeable. The previously mentioned is a reality, and everybody knows it-its fundamental human brain research. There is no sign of what one ought to do to improve as an individual, nor is it brought up that having a part character is a terrible thing. Truth be told, the story closes where the goals to the contention ought to have started. What occurs straightaway? , Does Harold give his covetous dad the cash? - these are largely questions that will stay unanswered. Leaving the story like this makes me not have any desire to understand it, as it is exhausting and I as of now have enough issues throughout my life and would not have any desire to find out about somebody elses. Giving an answer for the contention would have truly turned the story around and my sentiment would have been unquestionably the inverse. All things considered, I didn't care for the story by any stretch of the imagination (since I like stories with a genuine arrangement that can be reused when managing similar circumstances throughout everyday life) and felt it was by one way or another inadequate and that the contention wasnt settled. I genuinely feel V. S. Pritchett could have made a superior showing with carrying significance to the composition, making it a simple and considerably more intriguing read.

Friday, August 21, 2020

College Persuasive Essay - Some Basic Steps to Help You Write One

College Persuasive Essay - Some Basic Steps to Help You Write OneThe college persuasive essay is an essay that proposes a question for the readers to think about and to answer through an explanation. This type of essay is usually a long, rather complex one and most people that are asking to write one don't know how to start it up.Fortunately, there are some basic steps you can take to get going in the right direction when writing a college persuasive essay. You just need to decide on what you want to accomplish with the essay and how to get to your end result. Just follow these steps and you'll be well on your way to a good essay.Before starting your persuasive essay, be sure to gather facts. A good persuasive essay requires some fact gathering, so you need to learn as much as you can about the topic. Get ideas from reading others' research. You can also consult the Internet for college persuasive essays.The first step you should take when writing a college persuasive essay is to cho ose a topic. Do some research into the topic you want to write about and decide whether or not you're passionate about the topic. Then, prepare your topic as thoroughly as possible.Find out as much as you can about the topic and then decide on how to structure your topic. Depending on the topic, you may want to do a few different drafts. Make sure your topic allows you to make connections between your argument and the real world.You can make connections between your topic and the real world by putting yourself in the place of a reader and put yourself in their shoes. By doing this, you can avoid making the student write 'too much' about his or her topic and lose sight of the actual purpose of the essay.Try to write as close to the facts as possible but do not spend too much time on factual information. The goal of the essay is to answer the question you asked for. So, try to cut down on the time spent on research and focus more on the questions that you ask. Also, try to use the app ropriate vocabulary in order to make your point easier to understand.It's a good idea to write a research paper before you begin writing the actual college persuasive essay. Doing research beforehand will help you prepare your topic as well as other things, like research tips, research methods, and finally, a research strategy.

Monday, May 25, 2020

Comparative Analysis a Few Good Men Essay - 1591 Words

Comparative Analysis: A Few Good Men â€Å"You dont need a patch on your arm to have honor.† Lt. Daniel Kaffee, portrayed by Tom Cruise, says at the end of the movie to Lance Cpl. Dawson after the final ruling is read, stating PFC. Downy and Lance Cpl. Dawson are innocent but are dishonorably discharged from the military. A Few Good Men portrays the negative impact on military personally from strict obedience. Lt. Daniel Kaffee, along with Lt. Cdr. JoAnne Galloway and Lt. Sam Weinberg; played by Demi Moore and Kevin Pollack, must defend PFC. Downy and Lance Cpl. Dawson from being charge of committing a Code Red. However, Lt. Kaffee believes that PFC. Downy and Lance Cpl. Dawson committed the ‘Code Red’, but because it was a direct order†¦show more content†¦However, the ‘teachers’ did not know that the ‘student’ was not receiving and shocks but merely acting. (Milgram 358-270) In the Zimbardo’s The Stanford Prison Experiment; however, the ‘guards’ and ‘prisoners’ were placed in the same facility and were face to face on a daily basis unlike the Milgram experiment. The ‘guards’ would tell the ‘prisoners’ jokingly to do something, however the ‘prisoners’ would do what they were commanded to do to try to hang on to their identity. (Zimbardo 393) By the end of the experiment most ‘prisoners’ showed increased stress levels in the ‘prisoners’ within days, some ‘prisoners’ could not handle the stress induced and had to be released early. The ‘guards’ were equally changed do to the scenario they were put in. One journal of the ‘guards’ showed how a passive person became a person shoving food down another person’s mouth and locking them up in solitary confinement (Zimbardo 389-399). The role of obedience is extremely prevalent in the movie A Few Good Men, such as it was demonstrated in The Perils of Obedience and The Stanford Prison Experiment. In the move a Few Good Men the theme of obedience is prevalent and most commonly repeated in the movie. This movie was released in December 11, 1992 and directed by Rob Reiner, and also staring Jack Nicholson, Demi Moore, Tom Cruise, Kevin Bacon, and Kevin Pollack. Lt. DanielShow MoreRelatedEssay on Comparative Analysis of A Few Good Men1371 Words   |  6 PagesThe motion picture A Few Good Men challenges the question of why Marines obey their superiors’ orders without hesitation. The film illustrates a story about two Marines, Lance Corporal Harold W. Dawson and Private First Class Louden Downey charged for the murder of Private First Class William T. Santiago. Lieutenant Daniel Kaffee, who is known to be lackadaisical and originally considers offering a plea bargain in order to curtail Dawson’s and Downe y’s sentence, finds himself fighting for the freedomRead MoreSteinhouse Knitting Mills1083 Words   |  5 Pages1988 , sales had been declining steadily. Evidence: 1988 sales-$ 7.5million; 1993-$3.5 million; 1998-$2.7million. Situation Analysis A Environment 1.Low-wage developing countries with an abundant supply of labour provide tough competition to Canada. 2Growing popularity of the ‘ big and tall size’. 3 Trend to ‘dressing down’ or ‘ casual days’ 4 The weather over last few years has hurt business.( Winters were warm) 5 Fashion business usually changes fast. 6 The low value of Canadian dollar relativeRead MoreMarketing Analysis : The Cotton On The Largest Clothing Group Of Australia And New Zealand Essay1418 Words   |  6 PagesCotton On’s product offering includes women’s wear, menswear and accessories as well as elevated apparel range CO by itself. (cottononfoundation, 2015) Part A Product Portfolio Analysis: Product portfolio is a study of a particular product by which a company see its market performance. This management involves an analysis of consumer behaviour to determine how to expand with new products and how you can improve profitability by removing products with low performance or losing money. To manage theRead MoreComparable Worth714 Words   |  3 PagesIntroduction: The debate in this study is that of whether or not to use comparable worth as the basis for future pay adjustments. Comparable worth, as defined by Merriam-Webster, is the concept that women and men should receive equal pay for jobs calling for comparable skill and responsibility or that is of comparable worth to the employer. To further expand on this, the term comparable worth describes the idea that gender biased jobs should be reanalyzed to determine their worth to an employerRead MoreCritical Analysis of Plato and Aristotle1634 Words   |  7 PagesA TERM PAPER ON POL 311 (HISTORY OF POLITICAL THOUGHT) TOPIC A COMPARATIVE ANALYSIS OF PLATO AND ARISTOTLES POLITICAL THOUGHT WRITTEN BY OKWOR, STEPHEN USHIE 09/ED/EF/814 DEPT OF EDUCATIONAL FOUNDATIONS (POLITICAL SCIENCE UNIT) FACULTY OF EDUCATION SUBMITTED TO DR. EJERE DEPT OF POLITICAL SCIENCE AND PUBLIC ADMINISTRATION FACULTY OF SOCIAL SCIENCE UNIVERSITY OF UYO, UYO AKWA IBOM STATE MAY, 2012 A COMPARATIVE ANALYSIS OF PLATO AND ARISTOTLES POLITICAL THOUGHT In order to compare these greatRead MoreThe Perils Of Obedience By Milgram And The Stanford Prison Experiment1207 Words   |  5 Pagesat prisoners was commonplace, compelling many prisoners to appear insane. The driving force for immoral obedience is contributed to several factors: As seen in the film A Few Good Men by director Rob Reiner, when obedience causing harm undergoes interrogation, these factors attempt to find who or what to blame. In A Few Good Men, Lance Cpl. Harold Dawson and Pfc. Louden Downey commit a Code Red: an act of realigning an out-of-line marine. Subsequently, the implicit command results in the accidentalRead MoreFactors Promoting Higher Divorce Rates Essay1062 Words   |  5 Pagestoday’s marries, sooner or later, will separate. And it also portends, that if we do not make radical changes to our behavior, in less than another 100 years we will certainly have a once a year Wed-day or perhaps a National Wed-Holiday day-off. By then few people will wed and none will walk down the actual aisle. One fact liable for the radical rise in divorce rate is the selfishness of today’s couples. The newest generations do not profess the: if I make you happy, in return you may make me happy,Read MoreMarketing Analysis : Products And Services1616 Words   |  7 PagesRun’s family in 2011. The company launched its unique custom-made running shoes service in 2012 and customers could personalize the colors or even knit theirs name on the shoes. In future, Easy Run plans to offer sports apparels and equipment. The comparative advantages of Easy Run originated in its continuous investment in Research Development, customer satisfaction and American manufacturing. The company’s research work focuses on the study of human movements and responses to the environment, empoweringRead MoreThe Theological Plain Of Christianity1017 Words   |  5 Pageswhat Christ accomplished on the cross that makes salvation possible. The summation of these will direct the course to what the extent of the atonement asserts, perhaps the major crux or delineation within the Protestant church. Indeed, [t]here are few doctrines which have received such a wide and variegated interpretation as the extent of the atonement, to the point that it becomes so burdened with abstruse terminology that it can be utterly unintelligible, even to those who ostensibly promulgateRead MoreFeminism : A Feminist Perspective1505 Words   |  7 Pageswith men and a high valuation of women as equal human beings both theoretically a nd practically. Feminism is both a way of thinking about the world and a way of acting in it ( Diana 58). Feminism in Politics History has proven that women were not involved in any way in the making or conduction of any politically based decisions or action. More recently, there is a change in this perspective. Currently, the society accepts women in decision making and an incorporation of women in the analysis of government

Friday, May 15, 2020

Women s Unpaid Labor By Susan M. Shaw And Janet Lee s Women

In the quite hours of early morning my mother rises out of bed, as she has done every morning for the past twenty-two years. She quietly begins her long day by making tea and cooking breakfast. Before the day ends, my mother would have cooked several meals, cleaned several times and worked a full time job. My mother’s daily routine is not unique and has historically been done by women for centuries. Even today, women are supposed to do it all, have a family, and take care of the house/children and work full-time. Women who are in the workforce are unpaid and the work they do at home is viewed as inferior. They often deal with sexism and racism in the workplace. Changes in law and our thought process need to occur to create and an equitable system of work for all women. Women’s unpaid labor in maintains a systems of oppression in many ways. In Susan M. Shaw and Janet Lee’s Women’s Voices Feminist Visions unpaid labor done by many women is, â€Å"undervalued as women’s formal productive paid labor in the workforce is prioritized† (Shaw Lee, 2015, 471). Shaw and Lee are saying that women work at home is devalued because it is viewed as informal and as work that is done out of love or is natural work. Since the work being done is viewed as natural work, it further reinforces gender stereotypes by stating that women are supposed to do the household work which is deemed more as feminine. This thought process follows patriarchal thinking, where women are expected to do theShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesMarketing: Patrice Lumumba Jones Senior Marketing Manager: Nikki Ayana Jones Senior Managing Edit or: Judy Leale Production Project Manager: Becca Groves Senior Operations Supervisor: Arnold Vila Operations Specialist: Cathleen Petersen Senior Art Director: Janet Slowik Art Director: Kenny Beck Text and Cover Designer: Wanda Espana OB Poll Graphics: Electra Graphics Cover Art: honey comb and a bee working / Shutterstock / LilKar Sr. Media Project Manager, Editorial: Denise Vaughn Media Project Manager, Production:Read MoreLibrary Management204752 Words   |  820 PagesCongress Subject Headings: Principles and Application, Fourth Edition Lois Mai Chan Developing Library and Information Center Collections, Fifth Edition G. Edward Evans and Margaret Zarnosky Saponaro Metadata and Its Impact on Libraries Sheila S. Intner, Susan S. Lazinger, and Jean Weihs Organizing Audiovisual and Electronic Resources for Access: A Cataloging Guide, Second Edition Ingrid Hsieh-Yee Introduction to Cataloging and Classification, Tenth Edition Arlene G. Taylor LIbRaRy and InfoRMaTIonRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458. Many of the designations by manufacturers and sellers to distinguish their

Wednesday, May 6, 2020

Vaccines For Children Program Programs - 1522 Words

Vaccines for Children Program Beccca Hamilton The Ohio State University Vaccines for Children Program The importance of vaccines for children has a large impact on healthcare and my future practice. Therefore knowing what programs are available is critical to increasing the vaccine rates. Over the decades, there have been devastating consequences resulting from preventable communicable diseases as well as programs and strategies to assist in increasing the immunization rates. This paper will explain and critique the program called â€Å"Vaccines For Children†. This paper will also include how I will adapt this program in my future pediatric practice. The history of the Vaccines for Children program was a result of the 1989 measles epidemic in the United States. This epidemic resulted in tens of thousands of cases of measles and hundreds of deaths (Centers for Disease Control and Prevention, 2014). As the Centers for Disease and Prevention investigated this epidemic it was discovered that greater half of the children who had measles had not been vaccinated. In response to that epidemic, â€Å"Congress passed the Omnibus Budget Reconciliation Act (OBRA) on August 10, 1993, creating the Vaccines for Children (VFC) Program† (Centers for Disease Control and Prevention, 2014). This program became operational October 1, 1994. How the program works is, the Vaccines for Children (VFC) Program helps provide vaccines to children who cannot afford them, are uninsured, inadequatelyShow MoreRelatedImmunization Program And Its Effect On Children1107 Words   |  5 Pagessophisticated medical technology, and healthier lifestyles. Moreover, development of vaccines for numerous infectious diseases and implementation of immunization program in early childhood have reduced number of infectious disease such as rubella, polio, and small pox. Public health effort in providing vaccination to public has contributed greatly in diminishing the number of infectious disease. Hence, vaccination program of measles has been effective and less than 150 cases were reported annually (ThompsonRead MoreImmunization Provides Direct And Effective Protection Against Preventable Diseases Essay1438 Words   |  6 Pagesthe most cost effective public health interventions. Vaccines are preventing 2-3 million deaths due to diphtheria, pe rtussis(whooping cough) tetanus and measles worldwide. WHO launched the Expanded Immunization Program (EPI) in 1974 against 6 vaccine preventable diseases (VPDs) namely, diphtheria, polio, tuberculosis, pertussis, measles and tetanus. Government of India introduced EPI in 1978, which was later changed to Universal Immunization Program (UIP) in 1985. In reality, the aim with which UIPRead MoreA Parent Immunizations For A Child1270 Words   |  6 Pagestheir children without a second thought, while some struggle with if the positives outweigh the negatives, negatives sometimes being serious side effects, and sadly there are some parents that simply cannot afford to vaccinate their children or do not have the necessary resources. There are many communities worldwide that do not use immunizations, due to religious reasons or a lack of resources. (Miller, 2006) These communities see many negative health complications due to people and children notRead MoreMandatory Vaccination Program For Children1379 Words   |  6 Pagesmandatory vaccination program for children. A mandatory vaccination program is needed in Alberta as it would not only reduce the number of infections caused by various diseases, but it would also force parents to vaccinate their children, keeping their children and the people around their children safe from inf ection. A chief of medical disease states that, â€Å"several studies showed that states or districts that allow philosophical exemptions to mandated vaccines have higher rates of vaccine preventable diseases†Read MoreParents And Children Should Not Have Vaccinations1330 Words   |  6 PagesSome critics believe parents and children should not have vaccinations. There’s still a debate going on because the medical community does not agree. Healthcare professionals believes everyone should be vaccinated and it is very important. They believe vaccinations protect you when traveling, prevent childhood illnesses, it’s painless, and you take it once and you are protected for life (Pros and Cons, 2015). These diseases from other countries can be brought back into the United States and causeRead MoreThe Australia Program ( Iap ) Is Run By The Australian National Immunisation Rates By Funding Free Vaccination Programs1053 Words   |  5 PagesThe Immunise Australia Program (IAP) is run by the Australian Government and aims to increase national immunisation rates by funding free vaccination programs, administering the Australian Childhood Immunisation Register and communicating information about immunisation to the general public and health professionals. The program is complicated and is delivered through Federal, State and other agencies. The IAP follows the WHO Global Vaccine Action Plan 2011-2020 which encourages countries to ‘demonstrateRead MoreThe United Nations Children s Fund ( Unicef ) And The World Health Organization1447 Words   |  6 PagesIntroduction In 2006, the United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO) 1 published the report, Pneumonia: The forgotten killer of children which identified pneumonia as one of the world’s leading causes of childhood mortality accounting for one in five under-five deaths. The fourth Millennium Development Goal (MDG) from the 2000 summit is to reduce under-five mortality rate by two-thirds by 20151. With its significant contribution to under-five mortality, reductionRead MorePros And Cons Of Vaccination1665 Words   |  7 PagesVaccinations, Worth A Shot! Mandated Vaccinations are a huge argument right now because of health and disease issues. There are people on both sides of this argument. Some people are against vaccinating their children because they feel they are being forced to have their child get vaccinated. While some people feel the need that vaccinations are important to protect themselves from any illness or diseases. Vaccinations should be mandatory for all schools and health care purposes. For one, peopleRead MoreThe Invention Of The First Smallpox Vaccine1604 Words   |  7 PagesEver since the invention of the first smallpox vaccine more than two centuries ago, there has been plenty of discussion over the morality, ethics, effectiveness, and safety of vaccination and immunization. It has recently been argued whether laws should be introduced that make some or all vaccines mandatory for all children (Salmon 47). Parents, health care specialists, nurses, teachers and children all have an important stake in this issue. Parents argue that it is they who should have the ultimateRead MorePreventing The Influenza Virus Within School Aged Children1214 Words   |  5 PagesVIRUS 1 PREVENTING THE FLU IN SCHOOL 6 Preventing the Influenza Virus in School-aged Children Tracy Bell Community College of Baltimore County Children rely on the decisions that are made by responsible individuals in their lives including parents, caretakers, and other authorities such as teachers. Because children depend on others so heavily, health issues that affect children such as contracting the influenza virus or the flu should be discussed with the adults in their

Tuesday, May 5, 2020

Environmental Health and Safety Management System free essay sample

Policies which safeguard Schools must develop a range of policies which ensure the safety, security, and well-being of their pupils. These will set out the responsibilities of staff and the procedures that they must follow. Policies may be separate or incorporated into one health and safety policy, but they must include sections which cover the following issues of: safeguarding and protecting, and procedures for reporting e-safety bullying, including cyber-bullying All adults within the school have a responsibility to safeguard the welfare of children. There must also be a named member of staff with particular responsibilities for safeguarding children and for e-safety.Schools have a responsibility to:†¢ develop children’s awareness and their knowledge of what is acceptable and not acceptable behavior, including when using the Internet†¢ know, support and protect children who are identified as being at greater risk – that is, on the ‘at risk register’†¢ provide opportunities for professional training of all staff relating to Safeguarding†¢ put into place policies and security systems for e-learning activities, for example, provide training for children and use filtering software†¢ observe for signs that abuse may be happening, changes in children’s behavior or failure to thrive, and refer any concerns†¢ monitor, keep records and share appropriate information with other agencies. We will write a custom essay sample on Environmental Health and Safety Management System or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The Department for Education (DfE) provides guidance for local authorities including schools. Schools use this guidance to develop their own policy and procedures which must be followed. Two of these are listed below.Working Together to Safeguard ChildrenThis is guidance which sets out the duties of organizations and how they must work together to safeguard children and young people. What to do if you’re worried that a child is being abusedThis is guidance to help those working with children safeguard and promote their welfare. It also looks at the actions which all adults working with children should take if they are concerned.Children Act 1989 Parents and professionals must work to ensure the safety of the child. Local Authority has ‘a duty to investigate when there is a reasonable cause to suspect that a child suspect that a child is suffering or likely to suffer significant harm.The Education Act 2002 This sets out the responsibilities of Local Education Authorities (LEAs), Governing bodies, head teachers and all those working in schools to ensure that children are safe and free from harm.Children Act 2004/2006 This provides the legal framework for Every Child Matters. It includes the requirement for Services to work more closely, forming an integrated service.

Sunday, April 12, 2020

The Australia Post †Case Study

Executive Summary There are many organizations that have been able to stand the test of time in business. This enables them to remain strong and competitive in business. One such organization is Australia Post. This paper presents a comprehensive case study of Australia Post. The paper concentrates on change aspects in the organization that have enabled it to remain strong in the competitive mail delivery industry within Australia.Advertising We will write a custom report sample on The Australia Post – Case Study specifically for you for only $16.05 $11/page Learn More The paper is divided in several parts. The background part of the paper gives the general overview of the organization. The introduction part of the paper introduces the general organization. This part goes further to narrow on change that has occurred within the organization. It gives a transition into the main body of the paper. This presents a deep look into how change is being i ntroduced and implemented by Australia Post. The main body analyses the major strategic change initiatives that have been taking place in the Australia Post. In addition, the way these change initiatives have helped the corporation to position itself within the industry is analysed. There are several changes that are noted and analysed under this section. They include partnerships that the company has entered into, adoption of information technology in its functions, and the integration of e-commerce in diversifying the organisation’s operations. The other change initiative analysed is how the corporation is working on improving the delivery of its labour force. A number of recommendations are crafted at the end of the paper. These could serve as a basis for future development initiatives by the corporation. Background Information The Australia Post is state owned agency in Australia. The name Australia Post is the brand name of the Australia Postal Corporation. It operates i n the Australia mail dispatch industry. This is one of the oldest agencies under the Australia Public sector and which has been operating since the early 1800s. Since then, it has managed to undergo transformation in order to cope with the changing business environment. The agency deals with the delivery of a wide range of mails in the country. Also, the company has been expanding its business operations, which now include electronic mail delivery services and the distribution of electronic mail services (Herr and Herr, 2011). Introduction Australia Post is operating in an industry that is very competitive. The competition arises from active firms in the industry including TNT, DHL and FedEx. The company has undergone transformation that has greatly contributed to its success. Most of the changes have been aimed at broadening and diversifying the range of service delivery by the company. The company’s operations are focused on various aspects.Advertising Looking for repo rt on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More One of the areas of focus is letters. It also focuses on parcels and logistics services among other areas. The firm has expanded its operations, which are now discharged via various subsidiaries and joint ventures (Brimson, 2008). Overview of the organizational structure of the Australia Post The Australia Post has an elaborate system of corporate governance that is stipulated in the way it spreads and discharges organizational responsibilities. The organization has various administrative hierarchies eminent in the administrative bodies running the company. These include the shareholder ministers and the board that has two administrative committees. However, it is evident that there is little hierarchy in the organization due to the little number of administrative organs. This denotes reduced centralization in the organization which is a precursor to faster communication an d discharge of duties for improved performance of the corporation (Financial Review, 2012; Australia Post, n. d). Many organizations are working on de-bureaucratization as a means of pacing up work and delivering best results. Australian Post has little bureaucracy that is contrary to many other government agencies. This is the reason why the corporation has managed to position itself in the industry which has many private and competitive firms (Palmer, 2007). The overall administrative body of the company is the board which is led by a chairman and deputy chairman. There are nine directors who form the board of the Company. Out of the nine directors, eight of them serve as nonexecutive members. The only executive member who sits on the board is the managing director who is also the chief executive officer of the corporation. The board is the overall decision making organ of the organization. It deliberates on the strategies of the companies before either approving or disapproving t hem (Australia Post Website, 2012). The second powerful organ of the Australia Post is the executive committee, which is chaired by the chief executive officer of the company. This committee is composed of executives heading different operational sections of the company. They are the main strategists of the organization. The committee meets to deliberate on the strategies of the company and then forwards their recommendations to the board, which further deliberates on them and makes the final recommendations. Each operational section of the company is headed by the general, chief executive officers who are directly accountable to the chief executive office of the company. The chief executive officer of the company is answerable and accountable to the organization’s board (Australia Post Website, 2012).Advertising We will write a custom report sample on The Australia Post – Case Study specifically for you for only $16.05 $11/page Learn More The board is the chief accounting body to the shareholders of the company. It sets the objectives of the company and lays down the strategies to help in meeting the objectives. Planning is done on a three year basis. The board prepares and rolls out its corporate plan after every three months. The plan is closely monitored as it continues to be implemented. A progress report is prepared quarterly and forms a basis on which the plan is streamlined. There are two main board committees for the organization: the human resources committee and the audit and risk committee. The audit and risk committee concentrates on handling matter to do with finance, accounting, auditing and risk control for the organization. The human resources committee concentrates on the matter to do with the employees of the corporation. These include the formulation and deliberation on human resource policies, remuneration and structural issues. The formulation of different administrative units in the organizatio n helps in the deliberation of different issues in the organization (Australia Post Website, 2012). The organization has many employees working on both permanent and temporary basis. By end of the year 2011, the organization had 23,369 permanent employees and over 10, 000 non permanent employees (Australia Post Website, 2012). Operating as a government agency and utilizing the government resources, the Australia Post has undergone tremendous strategic changes that have helped to position the company in the industry. This has enabled it to become self sustainable in the sense that it funds its own operations and makes profits (Australian Competition and Consumer Commission, 2006). This has enabled the company to have the widest coverage and clientele in Australia which surpasses the clientele of the private competitors by far. This is a great achievement for an agency of the government that offers services at subsidized rates. From simple delivery of parcels and mails, the Australia Post now deals in a wide range of business activities that make the company match the prevailing demand for services. Financial and banking services have been fully incorporate into the operations of the company. Also, direct marketing functions and database management operations have been fully adopted and are being discharged by the company. Logistical and fulfillment functions are also among the operations of the company. All these denote huge growth and the aspect of business adaptability by the company. The company has had a strong transformational growth curve that has been prompted by the strategic changes that have been implemented by it (Australia Post, n. d).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Notable strategic, organizational development and change in the Australia Post In the year 2009, the National Archives of Australia joined hands with Australia Post in developing the Records Authority. This set the requirements and guidelines for either keeping or destruction of records in the core areas of operation. These areas include commercial operations, customer relations, corporate governance, collection management, mail operations, external relations, stamp management and post fleet and logistics management and strategic management. Under this deal, the National Archive of Australia was to commit to understanding, creating and managing the records on behalf of Australia Post. This eased activities for Australia Post as it gave the company the permission for the destruction, retention, and even the transferring of records to the National Archives of Australia. The authority assesses the records and sets timelines of the retention period for the records. The assessment report is the basis on which Australia Post disposes records that are no longer in need. This has improved record management by Australia Post. Therefore, this has positively impacted on the general, administrative practice of the company. Important information is sorted and safeguarded for future reference (Australian Government and National Archives of Australia, 2009). Areas of focus for the company as it enters into the future Bryan (2005) noted that futuristic prospects are important for any company that has a vision, and which intends to have sustainable growth. The future prospects of growth are based on the present developments and the opportunities that are imminent in the industry. So far, it can be argued that the organization has done well in capturing a number of opportunities that are prevailing in the business environment in which it exists (Australia Post, 2009). The company needs to work on broadening of its market and business shares in certain business segments which lo ok more promising. These include the banking and the financial services sector. More customers are found here, and the company can attract if it deeply ventures into offering these diversified services. Strengthening the market share in the delivery of express mail is another can further enhance the performance of the company (Australia Post Website, n. d). The prospective areas of growth for the Australia Post lie in the improvement and upgrading the way they deliver their services. Improvement of service delivery systems is one of the most effective ways through which an organization can improve its performances. Effective organizational change often originates from within the organization. Internal change strengthens the internal systems thus fastening the quality of services that are delivered by a company. One way of improving efficiency in the organization is by strengthening of automated systems to enhance the speed and efficiency of delivering services to customers. Automate d systems are faster and result into a cut overhead costs that emanate from the use of analog systems of delivering services to customers. Automation can be a precursor to attaining one-stop shopping services. This is in respect to the range of services that the company is offering (Waddell, Cummings and Worley, 2011). Organizational transformation using Information Technology Child and McGrath (2001) observe that information technology is the key too that is being used by organizations to transform their services and improve the performance. The Australia Post is one of the organizations that have realized the essence of employing information technology in service improvement. The program to use information technology in improving service delivery was fully initiated in the year 2006. This was to serve as part of a retrenchment program that was supposed to relieve the inefficient staffs by replacing them with IT systems controlled by few employees (Tay, 2012). As of today, the orga nization has approximately 1000 IT staffs. However, the overhead costs of the organization have not significantly dropped as was expected. This is because the organization has been forced to retain most of the staffs by reassigning them to other tasks within the organization. Sizable progress has already been made in improving the service delivery using IT systems in the company. In addition, significant progress is projected to come from the projects being initiated. More positive outcomes from IT projects are expected as the company continues to embrace it. The overhead costs or operation costs are often higher in the initial stages of application or use of IT in the organization. It takes quite a long time to realize the full benefits of information technology use in business. The introduction of technology into the operations of an organization is a whole business process and a big step in organizational change (Hutchinson, 2011). One of the major information technology projects that are being implemented by the corporation is the offering of digital mailboxes to their customers. This mailbox is expected to enhance timely and fast delivery of mails to customers. This digital service is aimed to foster secure access to mails by customers. Physical mails will be availed digitally to customers in a single location on the web. Therefore, there will be no need for multiple password and login details as has been the case. A single secure channel will be used by customers to access their bills, notices as well as other statements. The corporation has in the recent times been capitalizing on e-commerce. This has been aimed at expanding the company’s business range of products. This has also aimed at improving service delivery to customers hence raising profits for the company. The corporation has already begun implementing its plan to venture in online marketing business. The company has already opened over 30 superstores in the country (Chillibreeze, 2012) . Online marketing was seen as an opportunity by the corporation due to a substantive increase in the number of online shoppers in Australia. The new superstores are well furnished with diversified services in the offing to attract a significant number of customers. The stores have 24-hour shopping zones with parcel lockers, vending merchandises and self-service terminals. Also, postal services will be accessed in these stores. Online services will be available to allow for online product research by the customer and ordering of the products (Stafford, 2012). Present in the stores are also Australian Post Automated Teller Machines and the American Express currency exchange. This is a well planned venture especially in this modern business era. In this era, one stop shopping is becoming a business trend that is enormously applauded by customers. This venture is helping the company in exploring many business opportunities that are present both in the industry and outside the industry. Child and McGrath (2001) noted that the major goals of change strategies of organizations are to identify, learn, and capture new opportunities that exist in the business environment. The Australian can be considered as a business development benchmark for many government-owned corporations in Australia and the entire globe (Chillibreeze, 2012). Australian post has launched a renewal program dubbed â€Å"future ready†. This is a business development program that aims to propel the company into the future. It is meant to help the organization to focus and position its operations in accordance to the prevailing and expected changes in the industry and market. It is vital for companies to plan into the future because the business environment presents both opportunities and challenges (Dunford, Palmer, Benveniste and Crawford, 2007). The initiation of the program was done three years ago to aid the organization to become more customer-centered and by effect more sustainable. One of the main divers in the program is the embracing of digitalization of operations due to availability and importance of information technology. Physical operations have been the modalities of working for the company for a long period of operation. They are seen as having inconveniences and prevented the corporation from reaching and serving more customers as they as they are slow and inefficient. The program focuses on strategic units of operation in the corporation which are retail services, postal services, e-services and express distribution services (Australia Post Website, 2010). Collaborations and partnerships are founded ways in which firms breach obstacles and enhance the development of business projects. Australia Post has not working solely particularly on projects do with the adoption of information technology systems in service delivery. As a component of strategic development, the firm has signed a strategic working partnership with Telstra concerning the use of IT ne tworks and mailboxes. This agreement was signed in January this year and was meant to enhance the sharing of network in discharging services to customers of both companies: Australia Post and Telstra. The channels of provision of information to customers are being enhanced as the partnership is streamlined. This will be more beneficial to the company as the customers continue to realize improvement in service delivery of the company (Australia Post Website, 2012). The labor problem The major problem that has been hindering change in the organization is the problem of labor. The company has been having many cash-in-workers who are often blamed for poor service delivery. This is coupled with the earlier mentioned problem of hardship in replacing the underperforming employees even amidst the introduction of information technology systems. However, negotiations between the corporation and the union representatives representing the employees of the organization have been in progress. Ear ly this year, the union recommended that the casual workers be replaced with more qualified staffs who will be employed on a permanent basis by the corporation. This has been thought to be a positive step which will help eliminate inconsistencies in service delivery to customers by the corporation. As the company works on the modality of implementing the recommendations, it remains with one major challenge. The casual employees form a reasonably large percentage of the staffs of the organization. Therefore, it is difficult for the organization to lay them off (Ham, 2012). Conclusion Australia Post is a state owned company that has been in operation for almost a century. This can be cited as one of the best performing government agencies, not only in Australia, but also on the global scene. It can serve as a benchmark of how government agencies ought to embrace change and operate for profits. The corporation operates under a limited bureaucratic structure. Therefore, it has been easy for Australia Post to effect change that has helped the company deliver good services to its customers. This has also helped the company in improving its services and remaining competitive in the industry. Recommendations The effectiveness of change and improvement in an organization is dependent on a number of things within the organization. One of them is the organizational structure of the organization. Therefore, it will be important for Australia Post to continue embracing de-bureaucratization of operations. The company has to enhance its human resource practices. This will help it get employees who are modern and competent enough to handle the tasks. Embracing modern human resource practices can help Australia Post to solve the labor problem. Strategic partnerships are also important for a company that aims to expand its operations. Australia Post can develop business partnerships with like minded companies especially in the IT sector. This will help it in upgrading and usin g information technology while hastening the delivery of services to its customers. E-commerce seems to be promising for the corporation. Therefore, the company is likely to increase and diversify its operations by investing heavily in e-commerce related investments. This includes venturing significantly in the e-marketing business that has been initiated. Reference List Australia Post 2009, Getting Future Ready. Australia Post n. d., The Strength Within. Australian Competition and Consumer Commission 2006, Assessing cross-subsidy in Australia Post, An ACCC report. Australia Post Website 2012, Australia Post and Telstra sign strategic partnership on Digital Mailbox and IT network. Web. Australia Post Website 2012, Corporate governance. Web. Australia Post Website 2010, Future Ready – Australia Post’s business renewal program. Australia Post Website, n. d., Banking and identity. Web. Australian Government and National Archives of Australia, 2009, Records Authority â₠¬â€œ Australia Post. Brimson, C 2008, ‘An integrated action research action learning leadership development program for managers of Australia Posts’ delivery business unit in SA/NT,’ Gibran Journal of Applied Management, vol.1, pp. 85-108. Bryan, L 2005, ‘The 21st century organization’, McKinsey Quarterly, no. 3, pp. 24†33. Child, J and McGrath, RG 2001, ‘Organizations unfettered: Organizational form in an information†intensive economy’, The Academy of Management Journal, vol. 44, no. 6, pp. 1135†1148. Chillibreeze, 2012, Australia Post reveals digital mailbox plan. Dunford, R, Palmer, I, Benveniste, J Crawford, J 2007, ‘Coexistence of ‘old’ and ‘new’ organisational practices: Transitory phenomena or enduring feature’, Asia Pacific Journal of Human Resources, vol. 45, no. 1, pp. 24†43. Financial Review, 2012, Australia Post: The enduring power of paper as an effective means of communication. Financial Review. Ham, L 2012, Stamp out illegal posties: union. Herr, P and Herr, P 2011, U. S. Postal Service: Foreign Posts’ Strategies Could Inform U. S. Postal Services Efforts to Modernize, Diane Publishing Company, Washington D. C. Hutchinson, J 2011, Australia Post eyes billion-dollar e-commerce, IT News for Australian Business. Palmer, I 2007, ‘New organizational forms: towards a generative dialogue’, Organization Studies, vol. 28, no. 12, pp. 1829†1847. Stafford, S 2012, Australia Post losing $70 million a year on international pricing structure. Tay, L 2012, Lessons from Australia Post’s IT â€Å"transformation†. This report on The Australia Post – Case Study was written and submitted by user M1racle 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.

Tuesday, March 10, 2020

Robert F. Kennedy

Robert F. Kennedy was almost involved in the first presidential election to have two brothers, at different period in time, elected president of the U.S. Ever since the Kennedy brothers were little their father, Joseph P. Kennedy, taught them to only concentrate on the political campaigns. The Kennedy family's only concern was politics nothing else mattered more. Robert was the next president to be elected until he was murdered in June of 1968. Robert F. Kennedy was born in the family home in Brookline, Massachusetts, on November 20, 1925 (Harrison and Terris 3). He was Rose (Fitzgerald) and Joseph P. Kennedy's seventh child; the third born after four girls. Bobby's ancestors were Irish (4). The decade was named the Roaring Twenties - a time of relative prosperity in the USA. Bobby was only a toddler in 1927 when his father escorted the family on board a private railroad car and traveled to the Riverdale section of the Bronx, New York, where he had bought a new home. It was a twenty-room mansion with a gracious old elm tree on a six-acre lot with a cottage for the chauffeur and gardener. Shortly after the move he bought vacation homes in Hyannisport, Massachusetts, and in Palm Beach, Florida (5). Bobby's favorite family residence was in Hyannisport. This was the place he considered home, no matter where he was (7). Bobby's older brothers were his heroes. Joe Jr. and Jack taught Bobby to sail and to play fo!otball, but try as he might to imitate their athletic grace and ease, in most matters he fell short (Klaber and Melanson 50). In November 1944, Bobby reported to the navy V-12 unit at Bates College in Lewiston, Maine, for specialized officer training with the U.S. Navy, but the became bored and restless (10). On February 1, 1946, Bobby was assigned to duty on the Joseph P. Kennedy Jr., a 2,200-ton destroyer named in honor of his brother (12). At twenty-two years old Bobby graduated from Harvard University. He ...

Sunday, February 23, 2020

(Can the writer help me decide) Essay Example | Topics and Well Written Essays - 500 words - 2

(Can the writer help me decide) - Essay Example In â€Å"Bad Weather: Planetary Crisis,† Masco (2010) studies the development of and competition between two kinds of planetary crises- the nuclear war and climate change. The security state is linked to the concept of the planetary crisis because, on the one hand, it uses the latter when it advances the former’s development and growth in reach and control; on the other hand, it disregards the latter if it contradicts or hinders its ends. Ironically, another important link is that the security state, in its desire to control planetary crises, is only creating more of them, which can potentially lead to new planetary crises with long-term negative impacts on living things and the biosphere. The security state exploits the planetary crisis for its own gains and disregards it if it hinders its overarching goal of a â€Å"U.S.-centric world† (Masco 2014: 1). The security state uses the planetary crisis if it can be a platform for greater control over and outside its national boundaries. Masco (2014) explains that the first kinds of planetary crises that were of interest to the security state were usually threats to national security, such as the Cold War and national and global terrorists. He argues that the state uses these threats to magnify imagined horrific futures, in order to generate fear and terror that could justify what Cheney (2001) called as the â€Å"new normalcy† (qtd. in Masco 2014: 8). This new normalcy refers to the public’s acceptance of the state’s ever increasing incursions on civil rights and freedoms. These are changes that have â€Å"institutional, technological, and affective levels, reordering domestic politics and geo politics in a startlingly economical gesture† (Masco 2014: 8). They include scientific studies that expand military technology, covert operations that collect intelligence about national and other

Friday, February 7, 2020

To what extent do companies benefit Essay Example | Topics and Well Written Essays - 2000 words

To what extent do companies benefit - Essay Example Such actions suggest that corporations will increasingly be held accountable for activity of concern to multiple stakeholder groups. As a result there will likely be a renewed interest in identifying the dimensions and consequences of corporate social responsibilities. Cameron has suggested that multiple perspectives of organizational effectiveness exist and that "consensus regarding the best, or sufficient, set of indicators of effectiveness is impossible to obtain" (1986: 541). The same arguments can be made regarding social performance as a specific aspect of overall corporate performance. Social responsibility continues to be a poorly defined as well as difficult to measure concept. There appears to be no real agreement as to what constitutes social performance. What is indicated, however, is the need to apply measures which address multiple criteria of social performance. This study attempts to specify the underlying dimensions of a multiple measure of corporate social responsibility and investigate the relationship between corporate social performance and multiple measures of financial performance. For the purposes of this study, corporate social performance represents a measure of a firm's attentiveness to multiple stakeholder groups. ... This perspective generally cast corporate activity as a zero-sum game. Whatever resources were expended in the interests of social responsibility came at the expense of shareholders (Wartick and Cochran, 1985). The interests of shareholders and other stakeholders were defined implicitly as conflicting and mutually exclusive. Many criticisms have been leveled at this perspective and it seems safe to conclude that corporations are no longer viewed, even theoretically, as solely economic institutions (Sharfman, 1992). At a very minimum, there appears to be a consensus that firms serve multiple constituencies and stakeholder groups whose memberships are overlapping and whose interests are interdependent (Aram, 1989; Freeman, 1984; Nash, 1990). An understanding of such relationships and an attendant concern for the interests of all stakeholder groups may force firms to act in a socially responsible way regardless of their motivation (Sen, 1993). Out of these perspectives come varied hypotheses regarding the relationship between social responsibility and corporate economic performance. When corporations are viewed as economic institutions, a negative relationship between social responsibility and profitability is assumed (Ullmann, 1985). The opposing hypothesis suggests a positive relationship between social responsibility and performance. Proponents of this perspective argue that socially concerned management is likely to also possess the skills necessary to achieve superior financial performance (Alexander and Buchholz, 1978; Metzger et al., 1993). A final perspective hypothesizes an inverted U-shaped correlation between social and economic performance. To an

Wednesday, January 29, 2020

Chef Satisfaction Essay Example for Free

Chef Satisfaction Essay The findings showed that employees’ job satisfaction directly and positively influences organizational commitment, but does not directly influence job performance. Employees’ job satisfaction enhances job performance only through organizational commitment. Internal marketing, empowerment and leadership also positively influence job satisfaction. Empowerment and leadership enhance employees’ organizational commitment. Internal job stress negatively influences employees’ job satisfaction and external job stress enhances employees’ job performance. According to the findings, this paper realized the main factors which influence hospitality industry employees’ job satisfaction, organizational commitment and job performance, which can function as criteria for human resource management in the hospitality industry. Key words: Hospitality industry, job satisfaction, organizational commitment, job performance.   With the change of the industrial structure in recent years, the output value of the service industry has become more than 70% of the GDP in most advanced countries (CIA, 2009). Thus, the service industry plays a significant role in national economic development. In 2008, as the world encountered a financial tsunami, the governments of different countries selected potential service industries and supported them with resources, in order to energize economic development. The hospitality industry is a typical service industry, and it is critical service industry around the world. In Taiwan, the scale of the hospitality industry has been increasing year by year. According to the Statistics Department, Ministry of Economic Affairs, in 2001 the business volume of the hospitality industry in Taiwan was NTD 261. 3 billion. In 2006 it passed NTD 300 billion and in 2009 it reached NTD 321. 7 billion. However, the hospitality industry refers to labor services and relies on manpower in areas such as production, delivery and restaurant service. Thus, the hospitality industry is mainly based on services. As mentioned in Bitner’s (1995) framework of the service marketing triangle, service providers play a critical role in the service industries. In service industry management, regarding the importance of employees, Heskett et al. (1994) proposed the framework of service profit chain. In the service profit chain, there are critical linkages among internal service *Corresponding author. E-mail: [emailprotected] tcmt. edu. tw. Tel: +886-2-28102292 ext. 5009. Fax: +886-2-2810-6688. Tsai et al. 4119 quality, employee satisfaction/productivity, the value of services provided to the customer, customer satisfaction and company’s profits. This chain shows that internal service quality can enhance employee satisfaction, which will enhance employee productivity and further result in external service value and enhanced customer satisfaction. Finally, the company can make a profit (Zeithaml et al. , 2009). Therefore, satisfied employees make satisfied customers. Service personnel satisfaction significantly influences organizational commitment and job performance on customer satisfaction and corporate operational performance (Ladkin, 2002; Dunlap et al. , 1988; Tansuhaj et al. , 1988; Chowdhary, 2003; Yang and Chen, 2010). How to enhance service personnel satisfaction, organizational commitment and job performance is a critical issue in service industry management. In past research on employee satisfaction, organizational commitment and job performance, many scholars (Babin and Boles, 1998; Bernhardt et al. 2000; Van Scotter, 2000; Koys, 2003; Testa, 2001) have validated that employees’ job satisfaction positively influences job performance and organizational commitment. In studies on factors of employees’ job satisfaction, job performance and organizational commitment, the service profit chain proposed by Heskett et al. (1994) and service marketing management model indica ted by Tansuhaj et al. (1988) on overall service industry both demonstrated that managements internal marketing activities produce job satisfaction and commitment to the organization. In addition, many studies have found close relationships between leadership, employee satisfaction, organizational commitment and job performance (Billingsley and Cross, 1992; Yammarino and Dubinsky, 1994; Burton et al. , 2002; Avolio et al. , 2004; Chen and Silverthorne, 2005). The above studies have mainly focused on the educational service industry, retail industry, manufacturing service industry, medical service industry and governmental institutions, but have not conducted indepth explorations on the hospitality service industry. Hopfl (1994) indicated that in the service delivery, firstline employees must be empowered to some degree in order to cope with customers’ special demands. Thus, job empowerment can be treated as important management to encourage first-line service personnel and immediately solve customers’ differential demands. Avolio et al. (2004), Caykoylu et al. (2007) and Chen et al. (2008) respectively conducted empirical studies on medical personnel and employees of the telecommunication industry, banking industry and postal industry, and found that empowerment positively influences employee satisfaction and organizational commitment. One issue worthy of further study is the extent of how empowerment positively influences hospitality industry employee satisfaction and organizational commitment. In addition, first-line employees face different customer demands and supervisor requirements, therefore job stress is a critical issue for them. Jamal (1990) and Jex (1998) suggested that reducing employees’ job stress could enhance employees’ job satisfaction and job performance. Williams and Cooper (2002) and Ouyang (2009) indicated that proper job stress would enhance employees’ job performance. In the hospitality industry, the influence of job stress from external customers and internal supervisors on employees’ job satisfaction and job performance is an issue worthy of further exploration. Based on the above, internal marketing, leadership, empowerment and job stress are possible factors of service industry employees’ job satisfaction, organizational commitment and job performance, and these factors are validated in various service industries. However, the outcomes in different service industries are not the same. For the hospitality industry, it is important to validate and analyze the influences of the above factors on employees’ job satisfaction, organizational commitment and job performance. Thus, this study intended to combine internal marketing, leadership, empowerment and job stress and proposed an integrated model of hospitality industry employees’ job satisfaction, organizational commitment and job performance. Hospitality industry employees in Taipei City were treated as the subjects, and the researcher probed into factors of hospitality industry employees’ job satisfaction, organizational commitment and job performance in order to function as criteria for management in the hospitality industry. LITERATURE REVIEW Job satisfaction The term â€Å"job satisfaction† was proposed by Hoppock (1935) who suggested that job satisfaction means employees’ emotions and attitude toward their jobs, and is their subjective reaction toward their jobs. The definition of job satisfaction is generalized into three categories: (1) Definition of generality: Job satisfaction refers to the affective reaction to one’s job as the most (Ozer and Gunluk, 2010). Job satisfaction, which is one of the most important necessities for an individual to be successful, happy and productive, is a feeling of satisfaction, that is, an outcome of the perception of what the job provides for an individual (Ay and Av aro lu, 2010); (2) Definition of difference: This refers to the degree of satisfaction and the difference between ndividual actual returns and required returns. For instance, Porter and Lawler (1968) suggested that the degree of satisfaction depends on the difference between a person’s actual returns and expected returns; (3) Definition of criterion framework: Peoples subjective perception and interpretation on objective traits of organizations or jobs would be influenced by individual criterion framework. According to Smith et al. (1969), job satisfaction is the outcome after a person interprets the job traits according 4120 Afr. J. Bus. Manage. o the criterion framework. The influence of certain work situations on job satisfaction is related to many factors, such as comparisons between good and bad jobs, comparisons with others, personal competency and past experience, etc. Job performance Kane and Lawler (1976) suggested that job performance refers to the record of the results when employees have practiced a job for a certain period of time. According to Schermerhorn (1989), job performance refers to the quality and quantity accomplished by individuals or groups after fulfilling a task. After a certain period of time, measurements of employees’ job performance could serve as criterion for promotions, wage adjustments, rewards, punishments and evaluations. Cascio (2006) suggested that managers must specifically define performance to allow the teams or employees to recognize the organizational expectations in order to fulfill the organizational goals. In other words, managers must set concrete goals, trace the fulfillment degree and evaluate the teams’ or employees’ performance. Van Scotter and Motowidlo (1996) suggested that employees with a high degree of job enthusiasm will demonstrate extra effort and devotion, and will actively seek out solutions to problems at work in order to enhance their job performance. Robbins (1998) divided the measurement of job performance into job result, job behavior and personal traits. Lee et al. (1999) divided job performance into efficiency, efficacy and quality. Efficiency refers to the employees’ output rate and is the ability to accomplish tasks before deadline. Efficacy refers to the employees’ goal accomplishment rate and proposals. Quality refers to the employees’ error rate and complaint rate, supervisor satisfaction, customer satisfaction and colleague satisfaction. This study suggested that in the application of this construct to measure hospitality industry employees’ job performance, efficiency should refer to the employees’ speed in customer service, efficacy should mean the accomplishment of tasks assigned by customers, and quality should mean the employees’ performance in customer service. As to measurement, Shore and Thornton (1986) indicated that self-evaluation allows individuals to participate in performance evaluation and serves as a criterion. Based on the above, according to the views of Lee et al. (1999), this study divided job performance into efficiency, efficacy and quality, and measured hospitality industry employees’ job performance using employee self-evaluation. Smith et al. (1969) proposed the Job Description Index (JDI) to measure job satisfaction, with the constructs including wage, promotion, job, supervisors and colleagues. Black and Gregersen (1997) found a positive correlation between job satisfaction and job performance. Organ (1990) suggested that when employees are satisfied with their work, they are willing to sacrifice themselves and devote to their organization. Organizational commitment From the perspective of attitude, Porter et al. (1974) indicated that organizational commitment is a person’s active and positive intention to identify with and internalize organizational goals and value. According to Reyes and Pounder (1990), organizational commitment is the strong belief and intention to identify with organizational value, devote to and stay with the organization. Mathews and Shepherd (2002) suggested that organizational commitment refers to workers’ attitude, behavior and connection between individuals and the organization. Guest (1995) indicated that organizational commitment is at the core of human resource management. It transforms traditional manpower management into the core of human resources. Organizational members’ attitude or intentions particularly indicate the importance of employees’ organizational commitment. Dee et al. (2006) suggested that organizational commitment is a person’s intention to devote to and be loyal to the organization. Lambert et al. (2006) suggested that organizational commitment is the structural phenomenon of trading between individuals and organizations. It increases with time, but it does not lead to a transferable investment outcome. Thus, in theoretical study and practical use, scholars have valued organizational commitment in human resource management. In recent years, many scholars have probed into organizational commitment from the view of Porter et al. (1974). Thus, this study also followed the above view and divided organizational commitment into value commitment, effort commitment and retention commitment. This study further treated these three constructs as criteria to measure hospitality industry employees organizational commitment. Definitions of these constructs are thus shown: (1) Value commitment: a strong belief and identification with organizational goals and values. 2) Effort commitment: the intention to devote more to the organization. (3) Retention commitment: a strong intention to continue being part of the organization. Internal marketing Internal Marketing (IM) is the process of handling staff as internal customers and projects as internal products that satisfy the needs and desires of the customers and adhere to the company’s goals (Berry and Parasuraman, 1991). Rafiq and Ahmed (1993) suggest that internal marketing involves â€Å"a planned effort to overcome organizational resistance to change and to align, motivate Tsai et al. 4121 nd integrate employees towards the effective implementation of corporate and functional strategies†. Joseph (1996) suggested that internal marketing is can be applied to marketing and human resource management, combining theoretical techniques and principles in order to encourage, recruit and manage all employees in the organization and constantly improve external customer service and mutual services. In addition, Ahmed et al. (2003) defined internal marketing as the emp loyees’ evaluation of the reward system, internal communication, training and development of the company. Internal marketing empirical research in the service sector has proven that internal marketing has influenced on internal customers (that is, employees) satisfactions. Berry and Parasuraman (1991) suggested that the advantages of internal marketing implementation in organizations are as follows: (1) To acquire and keep excellent talent; (2) to provide a common vision so that employees have job purpose and meaning; (3) to give employees the ability and knowledge to accomplish the work; (4) to encourage employees to share the results of teamwork; (5) to create job designs be based on the findings of marketing studies. The aforementioned views reveal that corporate implementation of internal marketing allows employees to enhance service quality, which increases the production and profits of the companies. The implementation of internal marketing in the organizations results in an internal service culture, raises service consciousness and increases profits (Parasuraman et al. , 1985). Based on the views of these scholars, internal marketing is critical for organizations and influences external marketing to further enhance customer satisfaction. According to the these definitions and based on the views of Rafiq and Ahmed (1993) and Ahmed et al. (2003), this study treated employee evaluations of reward systems, internal communication, and training and development of companies as criterion for measuring internal marketing of the hospitality industry. Leadership Leadership refers the process of influencing the team to accomplish the goals (Robbins and Coulter, 2005). Leaders are key success factors of an organization (Bass, 1985; Daft, 2002). Skillful leaders recognize and use the interpersonal relationships of the team and strengthen the members’ loyalty and morale. Effective leaders must learn skills such as patiently sharing information, trusting others and recognizing the timing of interventions (Steckler and Fondas, 1995). In recent years, numerous scholars have tried to discuss leadership from new perspectives. New studies of leadership theory have particularly stressed the influences of demands between leaders and subordinates, the interaction of personality traits and situational factors on leadership (Bargal and Schmid, 1989). Corporate leaders must select a proper leadership according to their subordinates’ different demands for supervision, in order to enhance employee satisfaction and fulfill expected goals. Bass and Avolio (1997) divided leadership into transformational leadership and transactional leadership. In transformational leadership, subordinates trust, respect and are loyal to their leaders. Leaders can develop their subordinates’ potential and enhance their confidence by changing their values and beliefs in order to increase their organizational commitment, intention and motivation to create exceptional outcomes. Transformational leadership can be divided into ideal traits, ideal behavior, the encouragement of inspiration, and the stimulation of wisdom and individual care. In addition, transactional leadership means leaders and members remain in the process of negotiation and mutual benefit instead of a persistent one-purpose relationship. Social exchange theory is treated as the theoretical base. When subordinates act according to their leaders’ expectations, they will have returns with a specific value. Transactional leadership can be divided into contingent rewards, and active and passive exceptional management. Most quantitative studies on leadership have created questionnaires using the MLQ scale designed by Bass and Avolio (1997). The MLQ scale includes two constructs (transformational leadership and transactional leadership). This study also designed a leadership questionnaire for the hospitality industry according to the MLQ scale. Empowerment Empowerment signals a transition away from traditional development that confined people’s role to that of passive recipients, effectively rendering them dependent on handouts in the form of foreign aid (O’Gorman, 1995). Bowen and Lawler III (1992) define empowerment as sharing with frontline employees four organizational ingredients: (1) Information about the organizations performance; (2) rewards based on the organizations performance; (3) knowledge about contributing to organizational performance; (4) power to make decisions that influence organizational direction and performance. Murat and Thomas (2003) suggested that empowerment does not simply refer to telling employees that they are empowered, but aims to allow the employees to recognize what power has been authorized. Boudrias et al. (2004) suggested that in managerial circles, empowerment application includes two types: (1) Empowering the responsibility of decision-making to subordinates while emphasizing rich work environments 4122 Afr. J. Bus. Manage. and diverse authority, information, resources and support, and providing the opportunity to learn in order to improve performance; (2) psychological empowerment, which refers to employees’ experiences of empowerment that are inferred as a mediating variable of empowerment and expected results. According to Sherman (1996), empowerment acknowledges that employees have the power to change in order to encourage employees to increase their competency. Kanter (1993) suggested that empowerment can keep employees from feeling helpless. Organizations could thus reduce negative effects such as low morale. The most significant effect of empowerment is to enhance employees’ abilities and self-efficacy (Conger and Kanungo, 1988). Bowen and Lawler III (1992) suggested the advantages of empowerment for organizations below: (1) To rapidly respond to customer demands and questions; (2) a high degree of employees’ job satisfaction; (3) positive interactions with consumers; (4) employees with creative thoughts; (5) the creation of loyal customers. About the definition of psychological empowerment, Spreitzer (1995) defines this concept as the psychological state that employees must experience for managerial empowerment interventions to be successful.

Monday, January 20, 2020

Communications Essay -- essays research papers fc

Freedom of speech is a right of individuals as they possess their own free will. Because of their free will, individuals have expressed their thoughts, desires, and aspirations through the mass media. Communicating freely with other affirms the dignity and worth of each and every member of society. Communication remains God's great gift to humanity without which we cannot be truly human, reflecting God's image. Freedom of expression is essential in the attainment and advancement of knowledge. Communication brings forth various ideas and information. People today are better informed and more enlightened thanks to thriving press freedom and expanding mass media here and in many parts of the world. All points of view are represented in the "marketplace of ideas" and society benefits from debate about their worth. "Monkey see, monkey do" has become a well-known saying in today's society. In addition, this is how media influences society as it leaves a large impact on the individuals. Media has been considered by Ciony C. Gonzales as the most dominant art form, as it has an innate power to engage and affect the total person. It leaves a compelling and lasting impact on both the conscious and subconscious. Though media informs and educates, it also corrupts and exploits, leading it to contribute to the moral degradation of society. The moral fabric of our society has been coming apart for some time. Sex and violence have been big sellers through media outlets but at the expense of our children as well as the society they live in. children are very impressionable and they emulate what they hear on the radio and see on both television and movies. We must safeguard and change what our children are exposed to. Media's role in society is to inform, educate, and entertain. It tells the truth and provides positive stimulation that can build up images and reputations the right way. It can also be a tribunal of justice. Therefore, media has contributed greatly in ways that both enlighten and enrich society, but in other ways have deteriorated and perplexed it. It is not a surprise to learn, then, that media is the most powerful source of information, and nothing else in today's world influences public perception as heavily. Media in the Philippines is simply a reflection, an outgrowth, a mirror of society as a whole. After all, media has been perceive... ...are dissatisfied at what our children are exposed to. The owners, producers, directors, gatekeepers, commentators and actors, must be held accountable. If we don’t buy, they wont survive, so we must write our politicians, radio stations, television stations, newspapers, and magazines and every other media outlet in order to let them know our concerns. We have the power, so let’s exercise it. After all, our society and the children that it breed are at stake. BIBLIOGRAPHY Caà ±aberal, Bernard. "Radio, Pop, Music & Comics: Impact on Filipino Youth." Media Watch, January 1993, pp. 44-45. Deocareza, Franco. "A Positive Media Culture for Children." Life Today, September, pp. 19, 23. Gonzales, Ciony C. "Film Culture." Life Today, January 1984, pp. 10-11. Gonzales, Ciony C. "Taking Films Seriously." Life Today, January 1984, pp. 9. "Pornography serious threat, studies show." The Christian Science Monitor, 23 September, 1999, Sec. A, p. 11. "Profanity use is too commonplace." The Oklahoma Daily, 21 Oktober, 1997, Sec. A, n.p.. Reuter, Fr. James. "Media and Values." Life Today, June 1992, pp. 40.

Sunday, January 12, 2020

Russia & Economy

Since attaining her independence in the early 1990’s Russia can pride herself in emerging as a middle economy which has registered an average annual economic growth rate of 6. 5%. This is largely attributed to her embracing a free market economy to replace the earlier central command approach. The World Bank notes that this economic growth has seen the number of people living in extreme poverty reduced. Trade especially exports of natural resources for instance oil and gas blended with stability in the macroeconomic policies adopted can be blamed economic achievement.However, there are major challenges that threaten this success story. The need for diversification of the economy, adoption of environmental conservative measures like the fight against deforestation has intensified in the increasingly globalized economy. Various non governmental organizations (NGOs) as well as international institutions have played a significant role in ensuring that this goal is attained. In the process, losers as well as winners have emerged. Many NGOs have been at the forefront to chip in their devoted efforts to resolve the deforestation problem in Russia.World Wildlife Fund (WWF) Russia, an environmental based organization advocates for sustainable forestry in Russia. In the recent times global warming issues have intensified and are a cause of concern due to the effects on climate change. (WWF, 2009). WWF Russia has intensively ensured that this information is disseminated across Russia. It adopts collaborative measures with the owners of the forests as she works to realize this goal. The objective is to ensure that CO2 emissions, a greenhouse gas responsible for global warming are reduced.WWF highlights the effects of deforestation on wildlife as well as on human beings. It advocates for responsible forestry especially in the timber trade. WWF Russia is also committed to ensuring that the Russian artic and the wildlife there are also conserved. The biodiversity of th e Northern Caucasus region must be protected from deforestation, wild fires and poaching if the wildlife contained there is to remain unharmed. In this regard, WWF Russia ensures that companies control their spillage or observe safe or responsible waste management practices.It also encourages responsible fishing. Joint efforts are vital if this goal is to be attained. WWF Russia advocates for ‘the protection of water sheds as well as the limited soil disturbances to ensure positive effects on the timber harvested’. (WWF, 2009). Another important environmental NGO is Green Peace which also advocates for conservation of forests. Green Peace has registered success by reducing the felling of trees especially in the North Western parts as well as the Russian Far East regions. (Greenpeace)In addition to the environmental organizations, there are human rights organizations like Indem foundation which have been committed towards promoting democracy in Russia. This is done throu gh collaborative efforts with the civil societies, public officials as well as government organizations. Major issues addressed by Indem include anti corruption, issues of international cooperation, reforms in the government and the political arena as well as justice assistance. This NGO tries to ensure that people know their rights and follow the right procedures to have them respected. (Indem Foundation, 2005).International institutions like the EU and the World Bank have also played a significant role in influencing Russia. The World Bank highlighted the need to ensure diversification of the economy to allow equitable growth while reducing the poverty levels. In an effort to ensure that Russia moved with the modern times where globalization is enhanced the World Bank created a 3 year strategy. The main objective in the strategy adopted would be to ensure sustained growth, improved management especially in public led institutions, increased social services as well as increased rol e of the nation at a global level.Russia was expected to participate in global activities like assisting the less developed countries. (World Bank, 2009). Among the ways in which Russia can diversify her economy is through the promotion of agriculture. This sector is however faced by many challenges like excess use of chemicals, wrong choice of crops as well as extreme or excess farming. Another important industry is forestry which has also faced a lot of problems in the recent past. Exploitative foreign companies and criminal organizations have negative effects on the forestry industry.Other challenges include wild fires, pests as well as pollution from the industries. (Library of congress, 2006). Russia showed her interests in registering with World Trade Organization in 2005, a move that was expected to place her at a competitive edge in as far as her economic growth and development are concerned. However her failure to adhere to the stipulated rules for instance strict adherence to intellectual property rights sees her blocked from admission by some great economies for instance the US.(Palmer D, 2009). This has seen different bodies in Russia advocating for a change in how people perceive intellectual property rights. The need to view them as an investment has now become vibrant. Russia is a member of the EU, another international organization and she continues to accrue related gains. There are certain rules to be followed by all members of the EU community. Russia collaborates with the EU to modernize the economy, on security matters, international relations as well as on regional cooperation. (EC)In an effort to strike a balance between the economical, environmental as well as social interests the forest owners will be losers. This is attributed to the fact that they will forego their financial gains as they adhere to the harvesting. The society will gain as a whole as the adverse effects of global warming will be reduced in a safer environment. Russia has also gained from the globalization process especially in her trading activities with the larger EU region. The poor and marginalized in Russia who forms approximately 20% of the population have also emerged as winners in the globalization process.(World Bank, 2009). This is attributed to the fact that international organizations like the World Bank have been committed to change their plight. World Bank has been involved in collaborative research activities to find ways of how more jobs can be created. It also assists in health care provision by offering equipment as well as in preventive approaches to curb diseases. World Bank also shows commitment to boost Russia’s education, fight against corruption as well as acquire a safe environment. (World Bank, 2009).There are many governmental as well as non governmental organizations that affect Russia’s performance in the global environment. These organizations may have a direct impact on the Russians for instance those that empower the human capital while others may indirectly affect man for instance those based on natural resources like wildlife and forests. Regardless of the direct or indirect impact these organization lead to the emergence of losers as well as winners in the society. All in all, the benefits of globalization are enormous and ought to be embraced as no country is self sufficient.References: Doug Palmer. 2009. Russia's WTO bid still faces big U. S. obstacles. Reuters. Retrieved on 9th April 2009 from http://www. canada. com/news/world/Russia+still+faces+obstacles/1453371/story. html EC. The European Union and Russia. Retrieved on 9th April 2009 from http://ec. europa. eu/external_relations/library/publications/russia_brochure07_en. pdf Greenpeace. The Russian Forests. Retrieved on 9th April 2009 from http://archive. greenpeace. org/comms/cbio/russia. html. INDEM Foundation. 2005. Retrieved on 9th April 2009 from http://www.indem. ru/en/index. shtml Library of Congress – Fe deral Research Division. 2006. Country Profile: Russia, October 2006. Retrieved on 9th April 2009 from http://lcweb2. loc. gov/frd/cs/profiles/Russia. pdf. WWF 2009. Reducing climate change in Russia through sustainable forestry. Retrieved on 9th April 2009 from http://www. panda. org/who_we_are/wwf_offices/russia/index. cfm? uProjectID=RU0130 Wwf Pskov Model Forest Project. Retrieved on 9th April 2009 from http://www. svo. se/episerver4/dokument/sks/engelska/Swedish_Russian/PMF%20 Brochure_ENG. pdf