Global Management Strategy - Innovation and People

Question: Talk about the Global Management for Strategy, Innovation and People. Answer: Presentation Advertising has experienced a gigantic change as of late with the expansion in globalization and digitalization and in time of problematic advancements. Today, number of items has expanded because of contenders crossing topographies and furthermore item life cycle is getting shorter. Because of this, it gets compulsory for advertisers to contemplate the market prerequisites and every now and again concoct the new item advancements. Lately, there has been a change in outlook from push structure to pull type of promoting. With the expansion government guideline, client mindfulness and spotlight on corporate social duty, associations have changed their technique to cultural promoting. Prior, companys centers around offering the items to clients dependent on their objectives. They were very little touchy to if the items are adjusted to client prerequisites. Subsequently, there were numerous instances of incorrect spelling additionally uncommonly in Finance segment where items are being s ell without thinking about the hazard craving. In any case, with this new idea of cultural showcasing, organization centers around evaluating the client prerequisites and produce better items that point towards client intrigue and government assistance of the general public. This advertising additionally means to instruct the clients and spread mindfulness (King, Mcvey, Simmons, 2000). Additionally, nowadays organizations likewise have a great deal of information to break down and to comprehend client necessities from a genuine perspective. All the associations draw in clients on facebook, twitter and numerous different destinations. The motivation behind this is promoting, exposure and to pick up bits of knowledge about client inclinations and necessities simultaneously. There is colossal measure of information that is assembled from these web-based social networking apparatuses and afterward there are programming innovation of examination which when applied on a he measure of information assists with finding the patterns. Such patterns help the associations to improve their items, do an all the more focusing on selling and to check the criticism and acknowledgment of their items among clients. Cultural showcasing will be acknowledged by everybody in the general public as the attention is more on society government assistance in this methodology. Cultural advertising would likewise assist with narrowing down the hole between buyers desires from the associations and association comprehends of buyers desires. It is a success win circumstance for the while society including business firms. Investigation The social showcasing additionally assists with improving the picture of the corporate among the clients as it is something more than benefit making approach of advertising. While prior methodology of associations was making benefits by selling forcefully, this kind of showcasing center around selling items that are progressively adjusted to clients need and furthermore helps in the government assistance of the general public in the long haul. For the government assistance of the general public and expanded guidelines, associations nowadays have a spate corporate social duty (CSR) unit. These CSR units chips away at the social obligation of the organizations towards the general public. For instance, Companies will sort out long distance races for mindfulness around a few issues (Chattanonon, Lawley, Trimesoontorn, Leelayouthayothin, 2007). Numerous organizations are likewise focussing on CSR in Australia too. Myer and Qantas Airlines are in features from long time about their cultura l promoting. Myer works in retail section while Qantas is the principal Australian aircrafts. Myer sells expansive scope of extras, equipment, beautifiers, basic food item, furniture, toys, books, garments. Myer takes different activities for the government assistance of the general public. Both the associations have changed their advertising blend so as to give more an incentive to clients. As a piece of their social obligation, they likewise give a lot of significance to client inputs. Client inputs and gripe is paid attention to very in both the association (Bryan, Meyer, Campbell, Haris, Lyle, Summers 2013). Myer start activities as often as possible. It likewise began frameworks of taking recommendations from clients and grant the best proposals. Both Have reward card framework. Qantas has likewise recognized its carbon impression and now working together with different ecological associations over the world to decrease its carbon impression. With the assistance of innovation, they have defi nitely lessen the utilization of paper from their activities. At first, these used to serve plastic jug of water in trips to every traveler which additionally they have changed. Presently, they offer water in glasses in order to devour less plastic (Meyer, 2004). Qantas distributes its report about its activities and CSR activities consistently to be straightforward with the shoppers. Qantas likewise utilizes twitter to energize criticism from clients and continually making changes in order to give better understanding. Myer likewise have distinguished its social obligation. They are additionally helping the earth by making their activities inclines and decreasing the utilization of paper (Meyer, 2004). Likewise Time to time, these organizations composes crusades, internet based life occasions to bring mindfulness among clients towards the earth. So, every one of these activities of the corporate are helping the entire society, individuals, corporate just as condition. Myer additionally have solid effect on the life of the individuals by concentrating on the prosperity of the network. They put intensely in the advancement of neighborhood networks and in this manner makes a significant commitment in the life of the individuals. Myer additionally has a humanitarian store that is kept up absolutely with the expectation of helping the social orders in their prosperity (Dundon, Wilkinson, 2014). Naming and bundling has become significant nowadays and all the associations ought to invest energy in these viewpoints moreover. Bundling is one the significant perspective to draw in clients and furthermore it can improve the time span of usability of the items. Additionally, Labeling is required to give accurate data what are the fixings that goes into making this items, the different data about the item, this item is fit to which gathering. In the event that the marking is acceptable and enlightening, it will assist clients with identifying themselves more with the brand and brand will likewise have the option to manufacture the trust. There is independent state system for this where it has been plainly recognized what all data makers need to impart to clients. There was issue as of late when nation of inception missing in numerous items. Be that as it may, later this turns into a standard. Australians wants to eat increasingly Australian root food to help nearby ranchers and fur thermore just as to proceed with food fabricating in Australia (Kotler, Burton, Deans, Brown, Armstrong, 2015). Likewise, Companies are additionally receiving most recent bundling strategies that will in general furnish better bundling with significantly less utilization of paper and other crude material. Naming and bundling likewise have a task to carry out in cultural promoting. Fair marking will assist client with taking better choices about what they need. End To finish up, it has been examined that associations are changing their showcasing system worldwide so as to give more an incentive to clients by getting progressively delicate to their necessities and this is actually the idea of cultural advertising. Australian organizations are additionally not immaculate by it. There are numerous associations in Australia that are utilizing cultural showcasing to give items to clients adjusted to their own needs. This likewise forestalls any mis selling and subsequently ready to construct better trust among corporate and residents and hence helps in the government assistance of the general public. There is no uncertainty that perceiving social duty and afterward stepping up to the plate and satisfy obligation likewise requests ventures yet it is worth to pick up the acknowledgment in the general public. It additionally helps in improving the picture of the corporates among the individuals and along these lines brings about increment in deals desp ite the fact that this isn't the thought process yet this is the consequence of the fair CSR exercises. Catalog Bryan, B. A., Meyer, W. S., Campbell, C. A., Harris, G. P., Lefroy, T., Lyle, G., ... Summers, D. M. (2013). The second mechanical change of Australian landscapes.Current Opinion in Environmental Sustainability,5(3), 278-287. Chattananon, A., Lawley, M., Trimetsoontorn, J., Supparerkchaisakul, N., Leelayouthayothin, L. (2007). Building corporate picture through cultural promoting programs. Society and Business Review, 2(3), 230-253. Dundon, T., Wilkinson, A. J. (2014).Case Studies in Global Management: Strategy, Innovation and People Management. Tilde Publishing and Distribution. Ruler, B., McVey, M., Simmons, D. (2000). A cultural advertising way to deal with national the travel industry arranging: Evidence from the South Pacific. The travel industry Management, 21(4), 407-416. Kotler, P., Burton, S., Deans, K., Brown, L., Armstrong, G. (2015).Marketing. Pearson Higher Education AU. Meyer, P. (2004). Provincial Agricultural Shows in New South Wales, Australia: Marketing Events to Address Decline.Proceedings of the New Zealand Tourism and, 246

The New Plant Manager Essays - Management, , Term Papers

Toby Butterfield worked for Montclair Company where he was an associate plant supervisor at the Illinois plant. Butterfield was elevated and moved to the Houston plant as plant administrator. He was aspiring and power situated. In the blink of an eye into his stay he requested spending cuts, expanded creation financial plan and excused specialists who didn't fulfill his guidelines. The Plant created great outcomes and inside five months the plant was inside its spending plan. Inside two years, he was elevated to the New York home office, however when he left creation dropped meaningfully underneath spending plan at the Houston plant. 1.Discuss the model of authoritative conduct Butterfield utilized and the sort of hierarchical atmosphere he made. Butterfield utilizes the Autocratic style of authority. As showed for the situation, Butterfield was eager and some-what power-arranged; likewise, totalitarian pioneers rely upon power. With this sort of initiative, administrators settle on however many choices as could be expected under the circumstances and have the most power and authority over dynamic. This is actually what Butterfield did; his methodology was to take control, settle on choices and to utilize his power to do his choices. Butterfield accepted that he recognized what was best for the organization and believed and acted as in the commitment of the representatives were to follow all requests give by him. He never talked with the staff to get their contribution on what could have been done any other way or could have helped with expanding profitability. Butterfield went in and requested them to cut financial plans and increment profitability. Being a simple chief, Butterfield terminated specialists inside two months; this indicated he was not worried about the individual circumstances of the laborers, however that his solitary concern was to expand profitability. He did whatever he expected to do to accomplish this objective! This kind of initiative appeared to colossally diminish representative confidence, the workplace turned out to be very tense and the laborers didn't care for being requested around. Since these representatives disdained the strained and requesting condition or atmosphere that Butterfield made specialists started to leave. Age Y laborers are equipped for self-bearing and especially detest the totalitarian heads or administrators; this is conceivably a motivation behind why a portion of the laborers left. Then again, age X laborers may require this sort of oversight and control. Now my decision is that the laborers that remained likely required the activity and simply because of the power and control Butterfield applied, they were delivering acceptable outcomes. 2.Discuss why profitability dropped when Butterfield left the Houston plant. The profitability dropped when Butterfield left the Houston plant. As I would see it this reduction in efficiency was on the grounds that the laborers had just gotten reliant upon Butterfield requests. The representatives not, at this point had a director that controlled what was done and mentioned to them what and how to do it. They no longer had this heading and got lost. Each chief doesn't director a similar way and when Butterfield left the laborers not, at this point had an amazing pioneer that pre-owned his position to settle on all choices. This may have left the laborers in a remiss state and because of their absence of inspiration they didn't push to meet creation amounts. I likewise accept that the staff may have somebody gotten soothed of the strained condition and felt as they buckled down for the two years Butterfield was there and was late for a break. Taking into account that Butterfield was no longer there and they no since a long time ago had such an exacting situation, it took into account them to relax and work at least pace. The laborers unmistakably are not self-taught, self spurred representatives. The laborers that stayed show up as though they need an imperious pioneer like Butterfield to drive them to perform at an adequate level. 3.If you were Butterfield?s New York chief, what might you inform him concerning his methodology? In what capacity may he react? In the event that I were Butterfield?s New York chief I would tell him that his exhibition was noteworthy, notwithstanding, the methodology utilized isn't generally the best methodology. Additionally, I would clarify that I realize his aims were acceptable. Despite the fact that the workers appear to comply with the requests given or choices executed, it doesn't mean they enjoyed them. In

Blog Archive Monday Morning Essay Tip Use Humor with Discretion

Blog Archive Monday Morning Essay Tip Use Humor with Discretion Although we often offer a “how to” and a “how not to” example as part of our Monday Morning Essay Tip, we cannot present a simple illustration of our advice this week. This is because our focus is on humor, which is nuanced and can be deemed appropriate only with a full understanding of the context in which it is presented. So  instead of a hard rule, we offer a strong suggestion: be very careful when using humor in your essays. The line between being funny and coming across as immature, inappropriate or even careless is a very fine one. In our view, writers who use humor best are those who possess the skill to appear clever or witty and are not striving to portray themselves as stand-up comics. Your essays are not the proper venue in which to showcase your latest routine, though a mildly self-deprecating anecdote with humorous undertones could help reveal your personality if well executed. Remember, humor itself is not the goal of your essay but part of a broader story and message to your reader. If you have a strong voice and can use humor with subtlety, then proceed, but even then, do so with caution and ensure that you get an honest, solid critique before you submit your final draft. Share ThisTweet Monday Morning Essay Tips Blog Archive Monday Morning Essay Tip Use Humor with Discretion Although we often offer a “how to” and a “how not to” example as part of our Monday Morning Essay Tip, we cannot present a simple illustration of our advice this week. This is because our focus this time is on humor, which is nuanced and can be deemed appropriate only with a full understanding of the context in which it is presented. Therefore, we offer merely a strong suggestion: be very careful when using humor in your essays. The line between being funny and coming across as immature, inappropriate, or even careless is a very fine one. In our view, the writers who use humor best are those who possess the skill to appear clever or witty and are not striving to portray themselves as stand-up comics. Your essays are not the proper venue in which to showcase your latest routine, though a mildly self-deprecating anecdote with humorous undertones could help reveal your personality if well executed. Keep in mind that humor itself is not the goal of your essay but part of a broader story and message to your reader. If you have a strong voice and can use humor with subtlety, then proceedâ€"but even then, do so with caution and ensure that you get an honest, solid critique before you submit your final draft. Share ThisTweet Monday Morning Essay Tips Blog Archive Monday Morning Essay Tip Use Humor with Discretion Although we often offer a “how to” and a “how not to” example as part of our Monday Morning Essay Tips, we cannot present a simple illustration of our advice this week. This is because our focus this time is on humor, which is nuanced and can be deemed appropriate only with a full understanding of the context in which it is presented. Therefore, we offer merely a strong suggestion: be very careful when using humor in your essays. The line between being funny and coming across as immature, inappropriate, or even careless is a very fine one. In our view, the writers who use humor best are those who possess the skill to appear clever or witty and are not striving to portray themselves as stand-up comics. Your essays are not the proper venue in which to showcase your latest routine, though a mildly self-deprecating anecdote with humorous undertones could help reveal your personality if well executed. Keep in mind that humor itself is not the goal of your essay but part of your broader story and message. If you have a strong voice and can use humor with subtlety, then proceedâ€"but even then, do so with caution and ensure that you get an honest, solid critique before you submit your final draft. Share ThisTweet Monday Morning Essay Tips

The Legalization Of Polygamy - 1349 Words

The Legalization of Polygamy Sex is one of the most widely controversial topics in America. The subject comes up in multiple situations: dinner parties, coffee dates, even when someone is eavesdropping on a neighbor s endeavors with his mistress. Nowadays, it seems as if horror stories about infidelity are more common than happy marriages. Cheating on a spouse is morally wrong, so why not make it easy and legalize the act of polygamy? Polygamy is defined as willfully and knowingly having more than one husband or wife. As unnatural as it seems, many successful people have been in multiple marriages at once. The founder of the Mormons, Joseph Smith Jr., had up to thirty-three wives, all ranging from the ages of fourteen to sixty. One of†¦show more content†¦Both men practiced polygamy, which was frowned upon greatly by the Republican Party during the Civil War. In 1862, Senator Justin Morrill succeeded in passing the Morrill Act for the Suppression of Polygamy, which punished bigamy in any territory under federal jurisdiction with a â€Å"fine not exceeding five hundred dollars, and . . . imprisonment for a term not exceeding five years† (Duncan 318). This angered the Mormons greatly and tried to gain the right for polygamy. After timeless efforts and multiple failures, they started to practice underground. The final straw before underground families was the Short Creek Raid in 1953. Police arrested the prophet, two men and three of their wives in a little place known as Short Creek, right above the Grand Canyon. The two men were arrested for cohabitation, which lead to government forces joining alliances with Utah, Arizona, and Idaho to raid Short Creek again. The raid resulted in forty-six arrests of men and women in the community (Duncan 321). Following the raid, numerous families had to go into hiding and live their lives as inconspicuously as possible. There are four polygnist clans. Unfortunately, these families had a great deal of hardships . Many children in the underground world of polygamy are home-schooled, further insulating them from the outside world. In 2000, the FLDS forced families on a wholesale basis to remove their children from kindergarten through

Ethical Behavior Of Business Students At Rocky University...

Ethical Behaviour of Business Students at Rocky University Introduction Many corporation grow and evolve there has been some ethical issues with regarding to policies and procedures within the company. However, ethical issues are not limited to the corporate world the statics show that the reason behind these unethical behaviours it has been prevalent for some time the unethical behaviour has been ongoing among business students. 86% claimed in 2008 and 2009 students had confessed to cheating as opposed to about77% that where non-business. Ruff and Costello (2009) explain there are roughly 250 website that contribute to the ethical behaviour where you can purchase your term papers online. In taking a closer look into the ethical issues that surround Rocky University the report will provide a better understanding of the discovers that were found in the report that included the following. Below you will find the information to conclude to the following questions: †¢ compute the proportion of all students †¢ proportion of all male students †¢ Proportion of all female students who presented work copied off the internet as their own copied answers off another student’s exam collaborated with other students on projects that were supposed to be completed individual †¢ Develop 95% confidence intervals for the proportion of all students, the proportion of all male students, and the proportion of all female students who were involved in some type of cheating. †¢ Develop 95% confidenceShow MoreRelatedEthical Behavior At Rocky University1244 Words   |  5 PagesEthical Behavior at Rocky University Ethical behavior should be expected from college students; however, it is not always present. There is a moral obligation for students, earning a degree, that they are in fact the ones doing the homework and tests. The prevalence of online institutions has helped enable a multitude of working individuals earn a degree. Without the classroom setting, it is arduous for a professor to ensure who is on the other end of the keyboard and monitor. In fact, Gopala, PaswanRead MoreEthical Behavior And The Business Community1895 Words   |  8 Pagesa lot of questions about ethical behavior in the business community. The result of the behavior led to questions about how and when the practice of unethical behavior began and if it was related to practices students learned while in business school. Rocky University has commissioned a group to review the data provided from an anonymous survey to find if there is a culture and history of cheating in the school of business. â€Å"Business ethics is the study of proper business policies and practices regardingRead Morereflected best self4339 Words   |  18 Pagesmore to gain by developing your gifts and leveraging your natural skills than by trying to repair your weaknesses. Here is a systematic way to discover who you are at your very best. How to Play to Your Strengths COPYRIGHT  © 2004 HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION. ALL RIGHTS RESERVED. by Laura Morgan Roberts, Gretchen Spreitzer, Jane Dutton, Robert Quinn, Emily Heaphy, and Brianna Barker Most feedback accentuates the negative. During formal employee evaluations, discussions Read MoreStephen P. Robbins Timothy A. 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BAZERMAN Harvard University A series of financial scandals revealed a key weakness in the American business model: the failure of the U.S. auditing system to deliver true independence. We offer a two-tiered analysis of what went wrong. At the more micro tier, weRead More65 Successful Harvard Business School Application Essays 2nd Edition 147256 Words   |  190 PagesBUSINESS SCHOOL HARVARD SUCCESSFUL 65 APPLICATION SECOND EDITION E S S AY S APPLICATION BUSINESS SCHOOL HARVARD SUCCESSFUL 65 ECSNS A IYI O N S SE O D ED T With Analysis by the Staff of The Harbus, the Harvard Business School Newspaper ST. MARTIN’S GRIFFIN NEW YORK 65 SUCCESSFUL HARVARD BUSINESS SCHOOL APPLICATION ESSAYS, SECOND EDITION. Copyright  © 2009 byThe Harbus News Corporation. All rights reserved. Printed in the United States of AmericaRead MoreWaste Management33554 Words   |  135 Pagesa s e 4.1 Mark S. Beasley  · Frank A. Buckless  · Steven M. Glover  · Douglas F. Prawitt [2] [3] To help students understand what happened at Enron Corporation and how Andersen’s involvement with Enron led to the accounting firm’s downfall. To enhance students’ appreciation of the importance of understanding an audit client’s core business strategies. To develop students’ understanding of the role of confidence, reputation, and trust both in the corporate and auditing professions. [4] Read MoreDeveloping Management Skills404131 Words   |  1617 PagesManagement, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. 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Essay on North American Free Trade Agreement NAFTA

NAFTA: North American Free Trade Agreement Implementation of the North American Free Trade Agreement (NAFTA) began on January 1, 1994, and is one of the United States’ most significant regional trade agreements. The final provisions of the NAFTA were fully implemented on January 1, 2008. With full implementation, the last remaining trade restriction on a handful of agricultural commodities such as U.S. exports to Mexico of corn, dry edible beans, nonfat dry milk and high fructose corn syrup and Mexican exports to the United States of sugar and certain horticultural products are now removed. As you can see this agreement will have the potential to remove most barriers to agricultural trade and investment among the United States,†¦show more content†¦This concept was carried over into the NAFTA. Chapter 8 of the NAFTA permits, under specified conditions, the parties to impose a temporary, emergency safeguard measure – that is, an increase in the tariff to the prevailing MFN level - in the event imports cause, or threaten to cause, serious injury to domestic producers. In 2008, a NAFTA partner could, assuming the associated conditions are satisfied, invoke a Chapter 8 safeguard provision until 1 year following full implementation of the NAFTA commitments, i.e., until January 1, 2009. Beyond January 1, 2009, the NAFTA Partner could maintain a safeguard arrangement only with the consent of the Party against whose good the action would be taken. (Teslik) The biggest myth or argument you hear with NAFTA is that hasn’t helped the United States. I wasn’t sure if this was true so I decided to do this research project after watching the Democratic debate between Hillary Clinton and Obama Barack. I saw the intensity at which they argued that topic of NAFTA more passionately than any other. I had no idea what NAFTA consisted of and I felt that I better get up to speed with what would be shaping the U.S. Presidential race in 2008. I found that Canada and Mexico are the first and second largest export markets for U.S.Show MoreRelatedThe North American Free Trade Agreement (NAFTA)1345 Words   |  6 Pages The North American Free Trade Agreement (NAFTA), came into effect on January 1, 1994, creating the largest free trade region in the world, generating economic growth and helping to raise the standard of living for the people of all three countries participating. 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FDI (Foreign Direct Investment) Read MoreNorth American Free Trade Agreement (NAFTA)1764 Words   |  8 PagesNORTH AMERICAN FREE TRADE AGREEMENT (NAFTA) Brief Overview: NAFTA, The North American Free Trade Agreement, came into existence on January 1, 1994. NAFTA is essentially a free-trade agreement between the 3 North American nations of the Unites States, Canada, and Mexico. The major thought behind this treaty was to give the citizens and the companies of the North American nations many incentives to trade between themselves. The duties on U.S goods exported to Mexico were slashed by fifty percent,Read MoreNafta And Theu.s. North American Free Trade Agreement1063 Words   |  5 PagesIntroduction The formation of NAFTA (North American Free Trade Agreement) has brought many advantages among the nations of the U.S., Canada, and Mexico. 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The agreement was signed by US President Bill Clinton, Mexican President Carlos Salinas, and Canadian Prime Minister Jean Chrà ©tien (Sergie, 2014). Its purpose was to do away with tariff barriers between the three nations on goods and services, remove international investment restrictions, and protect intellectualRead MoreNafta ( North American Free Trade Agreement1449 Words   |  6 PagesNAFTA (North American Free Trade Agreement) was formed in 1994 and created one of the world’s largest free trade zones which includes Mexico, United States and Canada. NAFTA is an example of a multilateral approach to free trade. The multilateral approach states that a country will bargain with its trading partners to remove trade restrictions while the other countries do the same. Another multilatera l approach is GATT (General Agreement on Tariffs and Trade) which regulates international tradeRead MoreEvaluating Naft Was It Worth It?1229 Words   |  5 PagesEvaluating NAFTA: Was it worth it? In 1994, the North American Free Trade Agreement (NAFTA) was enacted between two industrial countries and a yet still developing nation. This was an agreement that was the first of its kind due to the relationship that the countries had and the investment opportunities that it presented. The United States, Canada, and developing Mexico decided to work towards eliminating most tariffs and non-tariff barriers between the three in order to increase the flow of trade in goodsRead MoreThe North American Free Trade Agreement1711 Words   |  7 PagesThis paper will discuss four components of the North American Free Trade Agreement: Background, events, pros and cons. Upon the research, you will discover four online articles to provide more detail and examples. This research will indicate how it was developed and the reasoning on why it would benefit the nation. Also, it will provide events that occur after the agreement was signed by congress and the recession the countries experience d uring the early 2000s. There will be a chart located

Business Ethics free essay sample

A discussion of theories of business ethics in todays highly competitive market. (more) Business Ethics free essay sample In this Act the following words and expressions are used in the following senses, unless a contrary intention appears from the context: * Every promise and every set of promises, forming the consideration for each other, is an agreement. Section 26(b) from Contract Act 1950 An agreement made without consideration is void, unless- * Is a promise to compensate for something done. It is a promise to compensate, wholly or in part, a person who has already voluntarily done something for the promisor, or something which the promisor was legally compellable to do. Case law First case University Malaya v Lee Ming Chong (FC) 1986 Facts: Lee was given a scholarship to study in Canada on one condition that he must work for the University for 2. 5 years. Upon Lee’s return, he left the University and argued that he had not provided consideration and hence there is no contract between Lee and UM. Federal court held that there was consideration as UM paid the fees. Reference: Ferrell, O. C. (2010). Business Ethics: Ethical Decision Making and Cases, 8th Ed.. Cengage Learning What were the incentives for Countrywide to write so many subprime loans? Word count: 168 Countrywide Financial benefited financially from offering subprime mortgage loans. Since the interest rate, fees and terms of subprime mortgages are typically higher than conventional loans, the lenders are able to profit from this type of loan (Moulton Bozeman, 2011). Between 1982 and 2003, Countrywide reported substantial earnings, and the offered profitable returns on stock investors. By offering mortgages and loans to borrowers who would not ordinarily qualify, the ees and interest were collected from thousands of borrowers with this type of loan. They also extended loan privileges to a large amount of the population who would not ordinarily be able to own homes. I feel that Countrywide Financials Incentive for offering subprime mortgage loans was for financial benefit. I believe that they should have known the effects these types of loans would have If the economy took a downturn. They were too Interested In the profits to be made and continued the practice despite the negative effects It would have on people and the country as a whole. Moulton, S. , Bozeman, B. (2011). The Pulicness of Policy Environments: An Evaluation of Subprime Mortgage Lending. Journal of Public Administration Reseach Theory, 21(1), 87-115. dot:10. 1093/jopart/muq005 Ferrell, O. C. (2010). Business Ethics: Ethical Decision Making and Cases, 8th Ed. , What was Countrywides logic in thinking that originating loans for people with poor credit ratings would result in positive outcomes? Word count: 182 Before the real estate crisis, the subprime mortgage industry was praised for helping people attain homeownership (Ferrell, 2010). Subprime mortgages helped minorities and lower income people be able to afford to own a home. At the time, it was thought of as a positive financial tool. Since there were more people being able to attain loans to own a home, other industries benefited from the effects of the subprime mortgage practice. Contractors, the building supply industry and real estate agencies were all profiting from these lending practices. It seemed that these types of loans were helping many industries. In a speech given by Govenor Edward Gramlich in May, 2004 (www. federalreserve. v), he spoke of these lending practices and said the increased availability of subprime mortgage credit has created new opportunities for homeownership and has allowed previously credit-constrained homeowners to borrow against the equity in their homes to meet a variety of needs.

Is Bodybuilding a Sport free essay sample

There are many sports that all everywhere in the world. People in now society, think that bodybuilding is not a sport. What is bodybuilding? Bodybuilding is a competitive sport that spans all age of group to that is from teen to master. The body is a person that can be a female and male. The build have to be perfect to proportions, symmetry, size and shape. The arms, chest, shoulders, back, legs and abs have to be build. The stereotypes and myths in most that is carry and in the Encyclopedia of Bodybuilding, it probably has more than any other. That why bodybuilding can be put in the sports group that media is putting out. Bodybuilding is a sport of participants that are statistically more athletic than most others sport. Where Trey Brewer can run a 4. 62 40 yard dash and Hockey players, Football players, and Basketball players have to bench press different weigh to be pro but bodybuilder do not have to. We will write a custom essay sample on Is Bodybuilding a Sport or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The competitiveness comes from the physique of the body, instead of the performance though, it is look. Its extreme amounts of weight training, and very strict dieting as well as other sacrifices. People in the United States say that bodybuilding is not a sport. The question is what is sport? Sport is organized athletic activities that played with individually and in teams. Some sports can be played by females and male of all ages. Many people participate in sport as professional for personal enjoyment of the love of competition, or as a healthful form of exercise. The world of people in entertainment provides sports throughout everywhere. There is a lot of million people who like sports that are fans and have their favorite teams and athletes by listing to the game or watching competition. The sport of bodybuilding has participants that are statistically more athletic than most other sports. There are people that are saying that bodybuilding can’t be sport because they don’t really do anything that make it a sport and don’t do anything like football player and hockey player can do. They just think they are just big guys that just take steroids and get big and pose naked it. Most people who do bodybuilder are people who had play basketball, baseball, football, and hockey. They could have done these sport but they chose not to. It’s a bodybuilder right now name Trey Brewer that is 24 years old who play a fullback on his high school football team. In his time before bodybuilding, trey brewer ran a 4. 62 40 yard dash. Trey Brewer had done 46 consecutive reps of 185 lbs of bench press. He had also competed in power lifting where everyone is saying that is a sport and did competitions around the state. He broke the football record that in NFL no one ever did. Trey Brewer chose to competition in bodybuilding beside of going to college and playing football where most of colleges want him to play. In other sports such as hockey player are tested with 135 lbs on bench to be professional in their position. Basketball player are use to bench 185 to move on to be professional. Football players test with 225 reps to get put in the NFL. Where Professional bodybuilders, bench press 315 lbs around all day long without need to get to be a bodybuilder. Bodybuilder can do what a football player, hockey player, and basketball player can do. Bodybuilders are much better and conduction than a football player or any other sport player, but have there out competitively in their side and different. The competitiveness comes from the physique of the body, instead of performance though it looks as a bodybuilder. Bodybuilding is a sport because the competitiveness isn’t just how well they perform; it deals with the total of conditioning to get ready for a competition. Bodybuilder has to go through 24/7 of training and dieting all year long. They do not have any time to slack of doing this sport. When they are on stage, the bodybuilder is very dehydrating with 1% of water in their body, so that it can look very physique and can be very unhealthy. People who Other athletes can slack throughout the week and come in mentally prepared for a game day because they don’t have to worry about how they look regardless of how they body is looking but as long as they are in shape and good. They can go out and party and smoke and still go out for a game day here bodybuilder can’t do all that because of how they have to keep their physique of a body and do not anything where there body cannot handle while training for competition. In off season they can cheat and eat whatever they want to eat but still have to work out and still have to at least eat health to keep some muscle and physique on their body where they just all have to do is train. They can gain weight but not fat and enjoy their life and family as long they just don’t give up doing what they been training to do for the longest of period of time. Bodybuilding is not sports where you can do a competition and go out and eat whatever food that is around and not exercises. Bodybuilding has extreme amounts of weight training that can be very strict of dieting as well as other sacrifices. In competition, they drink less water within three day by cutting down there sodium and most bodybuilder get on this diet to be shredded of their physique body figure. Males are not the only one who just does bodybuilding. Females do the same training and diet process as the male does it and the difference that has in competing is, less posing on stage and that they have female body part. Where guys have male body part but they all are doing the same sport dieting and training. Bodybuilder normally don’t party unless they have a get together or friend or family parties they normally spend their time in the gym working out and training very to make sure they succeed of winner. They mostly have very little fun doing their free time. Bodybuilder diets are very strict for losing fat and gaining muscle. They have to eat about six to eight small meal. They can be defined as the pursuit for lean muscle mass. They have a saying where they use is call â€Å"KISS†. It means keep is simple, smart of dieting. They have to eat 21/2 to 3 hours apart throughout the day. It will keep the metabolism going and let it provide for the muscles. It has to consist of protein, carbohydrates and some small amounts of good fats. Protein is an important key for bodybuilding and getting lean. They cannot fry any foods that are related to fatty food. The only time they can have carbohydrates, is like a potatoes, rice, yams, and most important is fruit. They how strict they have to deal with. A normal person should have about at least 8 hours of sleep. A bodybuilder has to get enough sleep to accomplish what they want. They have strict sleeping habits that they get about 16 hours of sleep but get up at four in the morning to start there day off. Most athletic just sleep whenever and go to practice or game day. Bodybuilder has to make sure they get plenty of rest to recovery and start fresh for a good day of exercise/working out. Bodybuilder has to get a day off so that their body is not over doing it and won’t get any gain from it. Bodybuilding training is very strict where they work out 6 to 7 days of week. Doing bodybuilding and any other sport, they have to get in shape to look the best and to be the best. Bodybuilder lifts heavy weights to gain muscle and size. They have to get at least 45 minutes to hour in. Bodybuilder shouldn’t have to over work there body with the same workout every day. They should do one workout one body part like for example arms should be just for that day until next week and next day can be chest day. It can be a good gain of muscle mass. The workout can cause injuring. Training completed by overcoming the resistance of working is called resistance training. Bodybuilder is training of free weights or a weight stack on a machine that help them grow muscle. Bodybuilding is a performance for competition that appearance of extreme muscular athletes that workout in the gym. It can be not a safe sport but sometime can also be health for people. Bodybuilding is not all about just strength. It’s about every since of individual muscle. Bodybuilding not about how much weight you can lift or how fast a person can go. If they are not in good shape for contest to get on stage, then they shouldn’t do bodybuilding. Bodybuilding is about who the best look and who have more muscle is shredded. People think that bodybuilding is all about how big you are. That not true, you can look small but build with small muscle with abs, biceps, and legs. That is why bodybuilder is judge of the physique of looking very good and better than the other person. There are females that do bodybuilding that most people think that they can’t do. There is female’s bodybuilder that looks better then a male bodybuilder that they work as hard as male that spend in the gym a short amount of time. It is hard for females to gain muscle than male because how the female body is build. It not really made for a bodybuilder body. They have to stay in the gym all day long 24/7 with dieting to get with a guy who has it easy. A guy can lose more fat then a female, of the reason that a guy bone is stronger than a female bone. Female can also do what a guy can do, that how this sport can go about. Everyone say that bodybuilding don’t have the same concept as for a team who is playing basketball and football. If you are doing competition and working hard to win something it is a sport. If hunting or fishing a sport, of course bodybuilding is a sport. Where the NBA and NFL have one thing that one person is going after on trophy and have competition to be the best at something, they call it a sport. Where bodybuilding have multiply competition and different kinds of trophy, they are doing competition to see who is the best shape and have the best physique body against someone else. Every sport has their own different kinds of competition, and don’t have to be known as all everywhere on TV. If you are challenging someone at something and want to win and train to work hard to be the best, of getting a trophy prize of being the best. It should be a sport and no one should not judge something if they don’t know the meaning of something. Bodybuilding can be a sport where a person can do something better than other person and if people like Trey Brewer, who ran a 4. 62 40 dash and bench over his own weight and do a lot of reps. It is a sport. People should look outside the box to see what a sport is. Bodybuilder train so hard and make some much sacrifices to be the best and win. They are on a strict diet and can’t have any cheap meals that allow them to be in the best shape of their life. Bodybuilding is a sport and everyone should know and get into the sport. It is making its way to the so it can be known just like the NBA and NFL.

The Octopus essays

The Octopus essays One of the most significant inventions to come of age in America in the nineteenth and twentieth centuries was the railroad. It developed new forms of communication and transportation, which in turn revolutionized the ideologies of the nation in relation to the economy and social values. Railroads not only created a rush to get to the West, but also modernized the American way of life. Along with many positive aspects of this modern marvel there were those who used it to their advantage and to the disadvantage of others. As the years went by, the railroad industry became monopolized by a few individuals, who exploited individuals such as farmers and laborers. This heavy struggle became Frank Norris inspiration for writing the muckraking novel, The Octopus. The Octopus, depicts the conflict between farmers and the Powers associated with the railroads, but it all didnt come about so quickly. The origins for the conflict go back to the earlier settlers of California. The vast expanse of land, beautiful scenery, and unique climate made California a farmers heaven. The settlers made use of their land wisely, but were overtaken by the next set of settlers, the gold miners. A lot of the money that was made during the Gold Rush, was in turn used to buy out some of the farmers or even buy large parcels of land for themselves for farming. Norris uses Magnus Derrick and his family to support the idea of miners turning into farmers, and in this case, a wheat farmer. Norris also depicts farmers who had recently come to California with Annixter, Broderson, and Osterman. The railroad began its grasp on California with the idea of the Transcontinental Railroad. Leland Stanford and the Big Four took complete control of the state as their new idea spread instantly around the west like an octopus, which is the title of Norris novel. As they complete mile after mile...

Theories of Human Communication, the social media and the Arab spring Essay

Theories of Human Communication, the social media and the Arab spring - Essay Example The first wave of such a change was felt with the advent of mobile phones and the short messaging services (SMS) offered by them. Electronic media like e-mail and instant messaging followed next. Just when it seemed that communication couldn’t get any better, social media and networking via the internet took over, bringing people from every nook and corner of the world together onto a single platform. Though the world has been called a ‘global village’ since the beginning of this century, it was in this decade that the label served its true purpose. Human communication has attained a new definition, and is now at its full force through social media. Social media has been the major driving force behind the Arab uprising that is reverberating in the Arab world today, and it is only through social media that people are at freedom to voice their thoughts and fight for what they deserve. According to S.F. Scudder, "All living entities, beings and creatures communicate. They communicate through movements, sounds, reactions, physical changes, gestures, languages, breath, etc†1. This statement is a part of the theory of communication and is known as the ‘Universal Communication Law’. Indeed, communication is an integral part of living, and it is impossible to survive without it. Communication models and their relevance in today’s times Adler and Rodman, in their insightful book, Understanding Human Communication, describe two different modes of communication, namely linear and transactional. According to the linear communication model, â€Å"communication is like giving an injection: a sender encodes ideas and feelings into some sort of message and then conveys them to a receiver who decodes them† (12). Face-to-face contact and other conventional channels like writing are included in this form of communication. The transactional model of communication is more fluidic and relational. There is a â€Å"simultaneous sen ding and receiving† of messages. This kind of communication includes mass media2 and social interaction. Face-to-face communication is decreasing rapidly, with the advent of social networking and electronic means of communication. In fact, many major surveys have pointed out that those who are more prone to the use of social networks are less likely to maintain face-to-face interactions in daily life. This brings us to the relevance of the linear mode of communication. While it is still a necessity in daily commute, human communication in recent times is largely based on the transactional model. Everyone is turning towards video conferencing, instant messaging, tweeting, and social networking in order to â€Å"stay in touch† with acquaintances. How social media defines our lives today An assessment of the impact of social media, in recent times, indicates that a majority of the population depends on the internet for most of their daily needs. As described by Adler and R odman: Until recently, most social support came from personal acquaintances: friends, family, co-workers, neighbors, and so on. In the last ?fteen years, though, there has been an explosion of â€Å"virtual communities† in which strangers meet online to share interests and concerns, and to gain support from one another on virtually every problem. The most popular support topics include medical conditions, eating disorders, sexual orientation, divorce, shyness, addictions, and loneliness (140). As is evident from this scenario,

Remediation Essay Example | Topics and Well Written Essays - 1000 words

Remediation - Essay Example Ideas are used over and over again, as they all still prove to be useful when trying to convey a message to a specific audience. The purpose of remediation is to take an original idea and make it presentable to various audiences, so that the message becomes more widespread and easier for certain audiences to understand, such as though that might be younger or older, or those that prefer a certain media medium. As times and technology changes, so do the methods of conveying a media message or story. Different audiences depend on the forms of media that appeal most to them, so each media medium must be taken into consideration when in regards to getting a message out to a specific population. The more appealing a medium is, the more appealing the message will be, if not easier to understand. The original bit of media used in this project is the "I am your father" scene from The Empire Strikes Back. The form of media is a motion picture, and the scene is one that is well-known, even amongst those who have never seen the movie. It is a scene that is often repeated and parodied in other media forms. The constant reusing of this scene is a prime example of remediation, as it shows the different ways that old media - in this case, a famous scene from a movie - is formed into a piece of new media that would be more appealing to a contemporary audience, such as when it is used on popular, contemporary television shows like Family Guy. The first form of media that I created using the aforementioned scene from The Empire Strikes Back is a Facebook news feed. The news feed shows the two different characters, Luke and Darth Vader, conversing, via Facebook, about the same topic that can be seen in the original media form: Darth Vader telling Luke that he is, in fact, his father. The communications are simple, yet it conveys everything that can be found in the scene in the motion

Efficiency Of Municipal Solid Waste Collection Essay Example for Free

Efficiency Of Municipal Solid Waste Collection Essay Solid waste has become an urban issue that gives evidence to the greatly increasing economic activities in the municipalities and poses a challenge thereto. As both an issue and a challenge, it requires a collaboration of efforts from the government and the private citizens of the municipalities. Related issues that would have to be checked and considered as well include the need for a change in the people’s overall lifestyle, their manner of resource consumption and allocation of their increasing income. The socio-economic, legal, health, environmental and cultural aspects of the municipalities would have to be revisited and made to contribute to the solid waste management programs of the government. (Jhaet. al. , 2007). Municipal Solid Waste (MSW) is a type of waste that, in particular, is not carried by water or air. The Federal Government of United States of America defines solid waste as any discarded material that is not excluded (40 CFR 261. 2; Mihelcic and Hutzler, 1999). Therefore, MSW is composed of the degradable, the partially degradable, and the non-degradable wastes. Degradable MSW includes paper, textiles, food wastes, straw and yard wastes; partially degradable waste includes wood and sludge, and non-degradable wastes include leather, plastics, rubber, metal, glass, dust and electronic waste. (Jha et. al. , 2007). The collection and disposal of the domestic wastes – whether degradable or non-degradable – over a period of years over-burdens the landfill. The continuous loading, dumping and subsequent accumulation of garbage all have a long-term effect on the environment (Sharholy et. al. , 2007). Hence, there is a growing awareness of the need to study the negative impact of solid wastes on the environment and human health, particularly in the areas adjoining the landfill sites (Srinivas, 1998). One city in India that is burdened by the dilemma caused by the rising volume of its MSW generation is Chennai. Chennai is the capital of the state of Tamil Nadu and is located at 13. 04 degrees latitude and 80 degrees longitude in Southern India. It is one of the four major metropolitan cities in India – the other three being New Delhi, Mumbai and Kolkata – with a total area coverage of 174 sq km, 19 km in length and 9 km in width (Figure 1) (Chennai Map, 2000). The population in Chennai has reached five million. One of the oldest corporations in India is the Corporation of Chennai, which was established on the 29th of 1688 by the East India Company (COC, 2004). Corporation of Chennai is the civic body that governs the city of Chennai. With the mayor as its head, the Corporation of Chennai has 155 councilors representing the 155 wards of the city. (Wikipedia) To do its mandate, the Corporation of Chennai has various departments attending to their respective duties and tasks. The departments are as follows: the Council Department, the General Administration, the Financial Management Unit, the Land Estate Department, the Revenue Department, the Health Department, the Family Welfare Department, the Education Department, the Parks Play Fields, and the Engineering Departments. The latter, in turn, are namely as follows: the Works Department, the Mechanical Engineering Department, the Electrical Department, the Buildings Department, the Storm Water Drain Department, the Bridges Department, and the Solid Waste Management Department. (COC website) Thus, the Corporation of Chennai is involved in the general upkeep and administration of the city, and the SWM in Chennai is but one of its concerns. The past 20 years has brought in industrial development to Chennai, and with it came both population growth and increased MSW generation (Esaku, 2007). The Corporation of Chennai has divided the area into ten zones for MSW collection and clearing (COC, 2004). The wastes generated by these ten zones are collected by either the Corporation of Chennai or the Neel Metal Fanlca, a private municipal solid waste collection body. The collection system involves getting the garbage through door-to-door visits and the setting up of garbage bins by the roadside in the streets. The collected wastes are transported via heavy mechanical vehicles (HMVs) or light mechanical vehicles (LMVs) to the transfer stations or directly to the city’s two dump sites, namely, the Perungudi and the Kodungaiyur dump sites. These wastes are mostly yet to be segregated; they are predominantly made up of organic and debris wastes (Sharholy, 2008). The segregation of wastes, though, is not effectively achieved in Chennai as a whole. Source or domestic segregation is practiced in a few areas in Chennai. Such practice contributes to the recycling of wastes like paper, plastic and metals. Still, it remains that the major contributors of recycled wastes are the rag pickers who collect wastes from the dumpsites and the municipal bins. Chennai, the fourth largest metropolitan city in India, currently faces the problem of having to efficiently handle and dispose of its growing volume of MSW (Esaku, 2007). The average volume of its generated MSW has increased from 600 tons/day to 3500 tons/day (Esaku, 2007). There has hitherto been no concrete and effective management measure taken to counteract this problem. Chennai is also accounted for having the highest per capita waste generation in India (Sharholy, 2008). The inefficiency of the garbage collection system in Chennai is due to the improper distribution of manpower, the ineffective work force, the incompetent collection methodology, the lack of public awareness and the scarce civic sense among the people. My study focuses on determining whether the allotment of additional manpower and vehicles for MSW collection would improve the efficiency of the garbage collection and disposal system of Chennai. My hypothesis is that proper allocation of manpower and vehicles to each zone, if implemented right by the Corporation of Chennai and the Neel Metal Fanalca, will significantly increase the efficiency of MSW collection and disposal in the city. My study would help the Corporation of Chennai and the Neel Metal Fanalca to improve the MSW collection and disposal in the city of Chennai. The city has been dubbed as â€Å"The City Beautiful† (COC website). To preserve its status as a place of beauty, the city government and its people should then act fast to solve the problems caused by the mounting volume of MSW continuously generated therein.

Marlon Brando :: Biographies Biography

Marlon Brando was born on April 3rd 1924, in Omaha, Nebraska, the third and last child of Dorothy Pennebaker Brando and Marlon Brando, Senior. He had two sisters Jocelyn and Frances and was descended from Irish immigrants. In 1935, his parents separated, and his mother moved with her three children to Santa Ana in Orange County, California. Two years later, in 1937, his parents were reconciled again, and the family moved to Libertyville, Illinois, north of Chicago near Lake Michigan. (Bosworth, 2004) In 1940, he was sent to a military boarding school - Shattuck Military Academy in Fairbult, Minnesota, from which he was eventually expelled for insubordination. In 1943, Brando relocated to New York City to study the Stanislavsky method under Stella Adler. (Editor, 2004) Brando's, first film was Fred Zinnemann's The Men in 1950. In 1951, he played in A Streetcar Named Desire .The role he performed in that movie earned him the first of four consecutive Best Actor Academy Award nominations. He followed up with impressive, very individualistic performances as a Mexican revolutionary in Viva Zapata in 1952 and as Marc Anthony in Joseph L Mankiewicz's adaptation of Shakespeare's Julius Caesar in 1953. (Maltin, 2004) In 1954, he performed in On the Waterfront, as a washed-up boxer. His great performance in the movie won him an Academy Award. In1956, he performed in Sayonara, for which he garnered another Oscar nomination. (Editor, 2004) In 1957, he married Anna Kashfi but unfortunately their marriage only lasted for two years. In 1962, he married Mivta but their marriage also did not last for a long time, and they divorced in 1963.Some of his movies in 60’s were, Mutiny On The Bounty in 1962, The Ugly American in 1967,and Reflections in a Golden Eye in 1967. (Editor, 2004) The Brando renaissance began with 1972's The Godfather. Against the objections of Paramount, director Francis Ford Coppola cast him to play the aging head of a Mafia crime family. Brando was brilliant, delivering his best performance in well over a decade. His great performance in The Godfather won him another Academy Award. (David Thomson) Brando did not appear on screen for three years, finally resurfacing in The Missouri Breaks in 1976 opposite Jack Nicholson. His next appearance, in Coppola's 1979 Vietnam epic Apocalypse Now, was largely incoherent, while for 1980's The Formula, he appeared in only three scenes. For a decade, he did not perform in any movies.

Inventory Management System Essay

He suggests, though, that for the endurance of your business and the future of your applications as a whole, you go with something like PHP that has a good solid community and is in constant development to make it and its features better. The flexibility that PHP offers also means that the possibility for someone to write nasty code that works (for now) goes up greatly. * Adobe Dreamweaver [Heaton (1998)] According to Heaton (1998), he states that,â€Å"I personally recommend Dreamweaver to both learners and seasoned experts’ think Adobe can make is more accessible to people by having various versions of it much like Elements is a poor man’s Photoshop, there should be a cut down version of DW. So in my opinion  no, it is not just an overpriced text editor. Dreamweaver is a powerful and highly applicable tool that every designer should be able to own. * Inventory [Donald Reimer (1989)] According to Donald Reimer (1989), â€Å"Today, maintaining the right inventory levels is a tough challenge. If not properly managed, your inventory can result in a significant expense. Looking over your shoulder is the lender who is concerned about the cost of carrying too much inventory- which can affect profitability. † * Inventory System [Michael Bernacchi (2002)] According to an author Michael Bernacchi (2002),an inventory systems maintain information about activities within firms that ensure the delivery of products to customers. The subsystems that perform these functions include sales, manufacturing, warehousing, ordering, and receiving. In different firms the activities associated with each of these areas may not be strictly contained within separate subsystems, but these functions must be performed in sequence in order to have a well-run inventory control system. According to Godwin Udo (1993), given such developments, it is little wonder that business experts commonly cite inventory management as a vital element that can spell the difference between success and failure in today’s keenly competitive business world. Writing in production and inventory Management Journal, Godwin Udo described telecommunications technology as a critical organizational asset that can help a company realize important competitive gains in the area of inventory management. He noted that companies that make good use of this technology are far better equipped to succeed than those who rely on outdated or unwieldy methods of inventory control. According to Dennis Eskow (1990), automation can dramatically impact all phases of inventory management, including counting and monitoring of inventory items; recording and retrieval of item storage location; recording changes to inventory; and anticipating inventory needs, including inventory handling requirements. This is true even of stand-alone systems that are not integrated with other areas of the business, but many analysts indicate that productivity and hence profitability gains that are garnered through use of automated systems can be increased even more when a business integrates its inventory control systems with other systems such as accounting and sales to better control inventory levels. As Dennis Eskow noted in PC Week, business executives are â€Å"increasingly integrating financial data, such as accounts receivable, with sales information that includes customer histories, the goal: to control inventory quarter to quarter, so it doesn’t come back to bite the bottom line. Key components of an integrated system are general ledger, electronic data interchange, database connectivity, and connections to a range of vertical business applications. † In the latter part of the 1990’s, may businesses invested heavily in integrated order and inventory systems designed to keep inventories at a minimum and replenish stock quickly. But business owners have a variety of system integration options from which to choose, based on their needs and financial liquidity. At the same time that these integrated systems have increased in popularity, business observers have suggested that â€Å"stand-alone† systems are falling into disfavor. A 1996 study by the international Mass Retail Association, for example, concluded that stand alone Warehouse Management System Packages acquired to perform individual functions will soon become obsolete because they do not integrate well with other systems. Another development of which small business vendors should be aware is a recent trend wherein powerful retailers ask their suppliers to implement vendor-managed inventory systems; these arrangements place the responsibility for inventory management squarely on the shoulders of the vendors. Under such an agreement, the vendors obtain warehouse or point of sale information from the retailer and use that information to make inventory restocking decisions. The move toward automation in inventory management naturally has moved into the warehouse as well, citing various warehousing experts, Sarah Bergin contended in transportation and distribution magazine that â€Å"the key to getting productivity gains from inventory management is placing real-time processing in the ware house uses combinations of hardware including material handling and data collection technologies, but according to these executive, the intelligent part of the system is sophisticated software which automates and controls all aspects of warehouse operations. Another important component of good inventory management is creation and maintenance of a sensible, effective warehousing design. A well-organized, user-friendly warehouse layout can be of enormous benefit to small business owners, especially if they are involved in processing large colymes of goods and materials. Conversely, an inefficient warehouse system can cost businesses dearly in terms of efficiency, custom er service, and ultimately profitability. Transportation and distribution magazine cited several steps that businesses utilizing warehouse storage systems can take to help ensure that they get the most out of their facilities.

Managing Global Business The General Electric / Mckinsey...

Managing Global Business The organization is global and participates in most national markets so if it is not currently stateless, it is well on its way to being stateless. Ghemawat (2011) â€Å"reckons† that a large majority of the top executives at GE are Americans which may simply be a side effect of the corporation having been founded in the U.S. and headquartered in the U.S. GE takes different modes of entry in to foreign markets, depending on the market and the competitive environment. Their approach is tailored based on the market and they have taken the right approach more times than not. GE is so adept at analyzing new markets their strategy for such analysis has become something of a business standard. The General Electric/McKinsey†¦show more content†¦Some GE employees in the U.S. are represented by two unions, the International Union of Electronic, Electrical, Salaried, Machine and Furniture Workers - Communications Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE). Union members were due to vote on a new collective bargaining agreement on June 30th, 2015, which was endorsed by both unions (GE Announces Details of Proposed Labor Contracts, 2015, Para. 1-2). Also, In China, GE has negotiated collective bargaining agreements with the All-China Federation of Trade Unions representing 20,000 GE employees in that nation (Labor Relations - GE Sustainability, 2017, Para. 4). GE has numerous expatriate employees in overseas positions. Catalanello and Redding (1989) argued that GE’s success with their human capital is based on the training they provide to them (as cited in Jain and Agrawal, 2005, P. 83). The training provided to its expatriate employees helps to build competitive advantages at GE. Expatriates, when visiting a foreign country on business would need a basic understanding of that nation’s culture, as it relates to business. Being able to say please and thank you in the native language can go a long way to building productive relationships with foreign nationals. Although, as business has become more global, business people understand there are cultural differences and are generally tolerant of visitors that do not understand, or have a working knowledge of theirShow MoreRelatedGe Management1094 Words   |  5 PagesGeneral Electric (GE) was founded by Thomas Edison in 1878 as a way for him to fund his research into electric lig ht. Only one year later in 1879 he accomplished that mission when he created the first incandescent light. 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