Organizational Behavior – Concepts, Controversies, Applications Free College Essay Help

Introduction

It is always vital and encouraged that a corporation handle employee-related issues as frequently as feasible. In the organization, there are a variety of methods for implementing this essential step. Job Description Index (JDI), employee blogs, and an employee's biography are three of the most effective methods for resolving issues relating to the level of job satisfaction in a company. The results of these surveying tools are crucial for deciding the appropriate steps to take to ensure that the firm's employees are more satisfied and that a significant output boost is obtained, which in turn provides the organization with enormous production leverage.

This study will conduct an intensive analysis of the Job Description Index (JDI) findings, employee blogs, and Airdevils personnel profiles in order for the hired Dream Teamwork's to make appropriate recommendations for the required course of action. The contracted Dream Teamworks consists of organizational psychology and behavioral specialists. In addition, the study examines the necessary motivational theories and psychological cognitive approach for the proper method.

Conclusions derived from the Job Description Index

The Job Description Index (JDI) and the Job Interest Group (JIG) scores for Airdevils employees indicate that the stunt group is the most dissatisfied, whereas the administration and support groups appear to be satisfied with their jobs, as their results are above 40 indexes, which is a positive indicator of job satisfaction. In contrast, the JDI aspect scores for stunt performance reveal the highest results for coworkers. This shows that the Airdevils are generally pleased with their supervisors and coworkers. The situation's additional finding demonstrates that the company's employees are dissatisfied with their salary and promotion opportunities. The employees of Airdevils disagree with the compensation they receive from the corporation. The employees also grumbled about the company's occasional promotions.

Recommended remedy

According to the conclusions of the Work Description Index (JDI), there are several key areas that the Airdevils should focus on to increase employee job satisfaction. The payment section and promotional techniques are two key areas that should be addressed. Regular adjustments should be made to the remuneration structures for Airdevils staff in order to promote employee morale, which will result in a higher rate of productivity. This method should be implemented with a thorough grasp of the employee's perceived rate of return expectations. Regarding the implementation of the recommended promotional approach. The organization should reevaluate its promotion structure in light of its employees' job descriptions and accumulated experience (Robbins, 2004).

The purpose of these recommended recommendations is to boost the company's employees' production rate. If Airdevils personnel are adequately compensated and promoted based on their accomplishments, they will respect the company by devoting all of their skills to it, which will result in a higher level of productivity. A corporation doomed to fail if it focuses on the returns to investors and other stakeholders while neglecting the employees who generate profits. A corporation must handle concerns linked to its employees and working conditions at all times in order to promote a sustainable trend of continuous production. Addressing employee concerns results in sustained productivity growth and, subsequently, improved revenues. Motivated personnel that are appropriately compensated and promoted will boost their output.

Profile results

Based on the conclusions of the Airdevils Human Resources department's profile analysis, the company's stunt personnel are selected using a complex set of qualification requirements. The individual must enjoy what he does. A stunt performer should be fearless and enthusiastic about jumping from high locations, airplanes, and buildings, despite the inherent dangers. Airdevils' first consideration when hiring stunt performers is the employee's desire to work, which demonstrates their level of dedication, as well as their level of fear. The group of stunt employees accounts up 75% of the company's total staff.

The company's requirements for hiring employees are reasonable; nonetheless, the enthusiasm, commitment level, and self-motivation of aerial stunt artists should be emphasized. This is done to boost the likelihood of acquiring committed employers who are not just self-motivated but also enthusiastic about their performance. The primary objective for hiring various stunt employees and workers is to ensure that the firm operates as intended.

Blog analysis

The blog posts of employees show that they are dissatisfied with the salary they receive from the Airdevils Company. This is shown by bloggers who describe their compensation as meager. They argue that their compensation should be based on their performance per stunt. Comparing themselves to other freelance markets, Airdevils personnel believe that their remuneration should be enhanced.

Regarding these findings, one of the required recommendations that the company's management must implement is to enhance the salaries of its employees. This should be done with care in consideration of other freelance markets. There is a need for the Airdevils Company to promote employee work satisfaction by guaranteeing that all employees receive equal compensation. It is widely believed that some employees of the corporation are paid more than others. This signal restricts or rather threatens to significantly reduce the employees' productivity pace.

As a result of implementing the suggested approach, the employee's mentality and expectations towards their compensation will become more optimistic. Considering that 75% of the company's workforce consists of stunt performers, the solution of compensation will almost immediately boost the performance of aerial stunts. As a result, the rate of performance that translates into production will increase swiftly.

Theories of workers' motivation

The motivation of employees in the workplace is one of the most important aspects in increasing their output rate. Motivation and human psychological behavior have been investigated by Sigmund Freud, Abraham, and McGregor, among others. These theorists have made significant contributions to the steps that organizations should take to boost their output rate (Spector, 2006). The following are the theories that have been proposed:

The theory X

This idea was proposed by Sigmund Freud, it is a gloomy perspective to human behavior, and Freud argues that people are sluggish and unwilling to work by nature. He asserts that individuals would constantly want to escape labor by any means possible, yet his theory is negative and unrealistic in its outlook. Not only has there been no response to its adoption by other theorists, but also by the entire psychological community (Simon, 2003).

The theory Y

McGregor established this hypothesis because he believed that individuals desire to learn and carry out their daily duties. By doing so, people not only gain self-discipline but also self-development. He asserts that people do not necessarily associate employment with monetary compensation, but rather with self-fulfillment and the freedom to surpass a self-perceived limit. Therefore, the work of the managers is required to coordinate their activities.

The theory Z

Abraham Maslow is credited with this motivating theory; he disregards Freud's idea and instead claims that work is the primary cure for boredom, poverty, and social vices. Abraham's outlook is more negative, and he founded the now well valued humanistic school.

In the case of Airdevils, theory 'Y' and theory 'Z' are crucial for any business to achieve its maximum output rate. The execution of these theories will adhere to the principles listed below. The management of Airdevils should provide positive reinforcement for treating all stunt aerials workers and administrative staff equitably with regard to crucial problems such as compensation and advancement methods. This measure will ensure that the company's personnel are content, hence increasing their productivity (Stephen, 2009).

Approach to human behavior and cognition

To address any problem, the first step is to thoroughly know the issue. Failure to comprehend the core issues of a problem will inevitably result in the unnecessary resolution of another problem. Sometimes, managers and stakeholders of huge corporations rush to evaluate and solve problems that have not been exhaustively analyzed. As was clear at Airdevils, Celsey found that the interaction between the employees and management was the primary cause of job unhappiness there. However, this turned out to be the least of the employees' concerns; rather, the salaries and promotions of the Airdevils were the primary source of discontent.

Despite the difficulty of definitively stating a solution in research relating to human behavior in the workplace, it is vital to evaluate a specific trend of human behavior through their response. Theorists and psychologists concur that this is the most comprehensive approach; the stimuli and responses of individuals provide a valid knowledge and approach to the inherent solution of workplace problems. Therefore, the Airdevils should develop steps that will streamline the pay and promotion plans in order to improve the company's workplace relationships. Understanding or psychological awareness of the workplace is the foundation for improving workplace relationships.

References

Robbins, A., & Stephen, P. (2004). Organizational Behavior: Theories, Debates, and Applications. The New York location of Prentice Hall.

Simon, D., & Herbert, A. (2003). Administrative Conduct. A Study of Administrative Organizations' Decision-Making Processes, 20,23-45.

Spence, P. (2006). Wiley, Hoboken, NJ. Industrial and organizational psychology, fourth edition.

P. Stephen and A. Timothy (2009). Organizational Behavior, Pearson Prentice Hall, London.

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Performance Appraisal And Merit Pay Free College Essay Help

Literature Review

Performance evaluation is a human resource management activity that involves a methodical review of an employee's work, accomplishments, and failures over a period of time, leading to future planning. Depending on how the group has decided when to execute the exercise, it might be performed periodically or annually.

According to their job descriptions, merit pay is the compensation offered to employees in acknowledgment of their superior performance. It pays bonuses to employees who do better on the job according to the organization's requirements. This package is intended to promote employee morale so that they continue to improve their performance because they will be rewarded if there is a significant increase. Payment based on merit cannot be considered operational if performance evaluation is not a role in determining salaries. Consequently, employee compensation should be based on performance evaluation. The primary objectives of a performance evaluation are:

Identifying weak performance in order to train, retrain, advise, transfer, or, if required, terminate them. Assessing the individual performance of each employee and determining if they are eligible for a bonus for their efforts. Contributing to a future recruitment, selection, and placement effort. Contributing to the development of employment selection criteria. Performance serves as a spark that reminds employees of what is expected of them in achieving the company's goals. Consequently, they will be aware of what will be evaluated at the conclusion of the year. Eliminating any potential ambiguities in the employee's mind. Data that can be utilized to decide future job assignments and salary.

In addition to the aforementioned goals, an evaluation can aid the supervisor or manager in influencing and guiding the performance of personnel. Due to its significance to all stakeholders participating in the process, evaluation should be done with care. For evaluators, it provides goal setting, while for individuals being assessed, it gives a performance objective for their conduct by identifying precisely which aspects of their behavior are deemed significant enough for management to monitor. Once it becomes evident that work enhances performance and untimely rewards, this might impact the amount of effort employees put into their performance.

Performance evaluations can clarify the relationship between employee performance and compensation. The majority of the time, an employee who obtains a promotion or salary raise has only a hazy understanding of which aspects of his or her performance merited it. Due to the absence of precise performance indicators, organizational incentives may be attributable to error, luck, partiality, sympathy, or characteristics of performance different than those sought by the organization. For supervisors and managers, vague and erroneous performance measurements can cause a variety of behavioral issues. An erroneous evaluation might lead to employee uncertainty regarding what behavior is desired and what constitutes good behavior. If a performance earns a higher rating than it merits, good performers may experience dissatisfaction and turn over.

Performance Evaluation

Performance evaluation frequently elicits strong opinions, feelings, and emotions from employees, whether the exercise is being undertaken or has already been completed. Numerous firms, whether large or small, public or private, utilize performance evaluations as the most effective method for achieving their human resource management objectives. Different organizations used their own individualized performance evaluation methods, which can be objectionable to some employees. The performance evaluation procedure enables the organization to evaluate and quantify the employee's conduct and overall work performance over a predetermined time period. It is the process of evaluating each employee's performance in relation to the organization's objectives.

Previously, employees' performance evaluations were based on their traits, abilities, and weaknesses; however, this has altered to incorporate the organization's future demands. This technique of evaluation takes both the participant and the evaluator into account when determining evaluation objectives and procedures. In the contemporary world, evaluations are graded on a scale once they are completed. Second, for a performance evaluation to be successful, the evaluator must be more skilled and experienced in conducting a good performance evaluation, but sadly, not many evaluators/managers possess these essential qualities (Fink and Longenecker, 218).

Performance evaluation and merit pay are the most significant issues in every firm, but the management consistently mishandles the majority of their facets. According to a number of studies, managers and evaluators find the performance evaluation process to be extremely frustrating and occasionally political when politicians interfere. The majority of managers and supervisors are not effectively trained for the performance evaluation process; as a result, they provide little or no useful feedback to their subordinates, which frequently lowers their morale. Recent studies have revealed that the majority of firms do not provide thorough, skills-based training for their evaluators; instead, they provide managers with performance evaluation forms and instructions on how to execute the exercise. This type of approach has frequently failed, and employees do not believe they have been evaluated fairly, leading to the conclusion that a poor evaluation is worse than no evaluation at all (Grote, 199).

The purpose of performance evaluation is to offer the employee with the means to increase productivity, not to operate as a demotivating force; therefore, filling out the forms is not the issue. After a task has been completed, it is believed that employees' performance would increase. If staff are not closely supervised and guided while filling out paperwork, the entire procedure becomes a waste of time and, at worst, demeaning. Improving performance evaluation and merit pay in businesses is a difficult task that requires the development of appropriate appraisal criteria. Training plays a crucial role in an evaluation, since the evaluator must be trained on what to evaluate and what questions to ask as he performs his duties consecutively. The reasons for ineffective training of managers should not be used as an excuse for failing to conduct an effective evaluation, and this should not be accepted. The evaluation system promotes staff performance and morale. It does not matter how well-designed the performance evaluation and merit pay systems are; what matters most is their effectiveness and influence on each person and the organization.

In addition to choosing on appropriate performance measurements, consideration must be given to the size of available rewards and how they are tied to performance. Numerous firms, particularly in the public sector, have set extremely low restrictions on performance-based pay, usually in the range of 7% or less of base pay, with a median payment assumed to be in the range of half of this amount. It is hardly surprising that such schemes fail to motivate and have a substantial influence on productivity. Schemes in the private sector commonly offer the chance to earn an additional 30 percent or more on top of the base wage (Armstrong and Murlis, 1994).

Criteria for Performance Appraisal

The evaluation factors must be predetermined, and the evaluator must be instructed on how to do the evaluation. Only add characteristics such as appearance, initiative, and excitement if they are relevant to the position. What is measured in the evaluation affects the conduct of employees, because when they know they will be examined and on what dimensions, they will act as expected to receive high performance evaluations. There are standard criteria that should be considered in performance evaluations, including:

Relevance – Performance evaluations should measure everything pertinent to the job's objectives. When conducting an evaluation, irrelevant job-related variables or concerns should not be considered. Relevance is a value judgment, and it is up to the management of the organization to identify and establish what is relevant for each and every position. The evaluation technique ought to generate consistent outcomes. The evaluator must be able to evaluate distinct traits differently, yet if the same trait is evaluated at different times, the results must be consistent. Evaluations should not be influenced by circumstances that employees cannot control, such as economic difficulties, materials/tools/equipment shortages, malfunctions, or substandard working conditions.

It is the obligation of supervisors or managers to evaluate the performance of their immediate subordinates. Nonetheless, this obligation is shared between two levels, namely the personnel department and line managers. The personnel department is responsible for designing and maintaining a formalized appraisal system, establishing a formal reporting system, ensuring that reports are submitted on time, and training those charged with the actual appraisal exercise, while line managers are responsible for conducting the performance appraisal exercise, preparing formal reports, reviewing appraisals with employees, and setting future appraisal targets.

Problematic aspects of performance evaluation

Some of the flaws may be associated with validity and reliability concerns. Validity is the extent to which a measure or instrument measures what it is meant to measure, whereas reliability is the extent to which the instrument generates the same results each time it is used. Among the elements that can compromise validity and reliability are:

This issue occurs when supervisors evaluate employees using limited ranges. The supervisor fails to recognize substantial distinctions between group members and classifies everyone as average or above. This fails to acknowledge both excellent and abysmal performance, and even merit pay becomes an issue. This inaccuracy is closely associated with central tendency. The supervisor tends to view the majority of subordinates as deserving a high rating, failing to differentiate between good and poor performance. This occurs when an assessor assigns the same rating to each factor being reviewed, e.g., an employee rated above average on quantity performance may be classified as average on quality performance, attendance, promotion readiness, and other variables. Recency error – this occurs when the evaluator places too much emphasis on the employee's recent job behavior. During the annual evaluation, it is possible for the supervisor to emphasize the last two or three months while ignoring the remaining months. If employees are aware of this approach, they can rest their efforts during the first few months of the year and then exert more effort in the final few months. Such a strategy would always result in disparate performance, and people will receive merit pay that they do not warrant. Personal biases- it happens when a supervisor allows one’s own personal biases to influence the appraisal. These include a person's likes and dislikes as well as their sexual, ethnic, and racial biases.

The performance evaluation will be meaningless to both the employee and management if it does not address what has been accomplished and what must be done to improve performance. This should be a self-development exercise where the individual is able to understand what has been accomplished and how to fulfill one's full potential on the work. In this situation, the supervisor should not combine performance difficulties with pay increases or promotions. There may be opportunities for pay raises or promotions, especially if an employee has worked admirably, but the superior should be prepared for this. One way to address such an issue is to explain that the exercise is only one of the objectives in salary and promotion considerations. Other factors, such as the organization's ability to pay, career development, and current personnel policy, must also be taken into account. It may be prudent to avoid creating opportunities for the employee to voice this issue during the exercise.

The Motivational Hierarchy of Maslow

Abraham Maslow was a psychologist who maintained that human beings are always driven by hierarchically ordered demands ranging from those seen as low to those regarded as high. The philosophy of Maslow lists five basic wants that must be satisfied. To address these demands, Maslow entails the provision of protective clothes, medical coverage, housing and transportation allowances, pension systems, employment stability, and insurance plans. Food, shelter, and clothes are the most fundamental psychological requirements of the majority of people. We also have social requirements such as family values and emotions, intimacy and mutual understanding, and the sharing of social amenities or services such as sports and entertainment. (Maund, 203).

Maslow's theory also includes the esteem needs, which include education, rank and title symbols, fringe perks such as shares, bonus, workplace space, and equipment. The other need is self-fulfillment, which includes the need for appreciating one's potential, a sense of accomplishment or success, and ongoing self-development. According to research, a satisfied employee performs his job well, resulting in a significant improvement in the company's performance. Employer-employee relations are crucial to a company's ability to achieve its objective. In fact, research has shown that contented staff typically result in satisfied consumers. Thus, managers can create satisfied employees with the aid of appropriate policies and administrative skills. (Maund, 201).

Any individual develops a need to be safe and secure in every scenario, according to him. The best example of this is the safety in the workplace, where those who feel safe tend to perform better than those who do not. Safety can take the shape of both human-machine and human-human interactions. Personal budgeting and organization are consistent with job security concerns. When an employee is certain in his or her job security, he or she performs far better than when he or she is uncertain about being kept for the next year. Cullen and Parboteeah, page 78

Under this Maslow theory, an individual's desire to be recognized, to be given attention, and to be valued by others around them is met by the administrators of any firm in the form of awards and gifts for their staff. These two inducements should not be particularly large, but tiny presents given to anyone are greatly appreciated. A handwritten thank you note is typically valued and appreciated. The giving of chocolate as an incentive, especially on weekends and holidays such as Christmas and Valentine's Day, helps to foster favorable ties between the company and its employees. Gift certificates, such as birthday greetings, increase the morale and confidence of employees. Some companies offer t-shirts, caps, mugs, pens, coats, and computer mouse pads with their logos. In addition, motivational posters could be designed deliberately to recognize individuals for a job well done. (152 John and Keith)

Performance-based compensation

This system is typically viewed as a means of motivating directors and senior management to achieve strategic plan-based objectives. Today, performance is tied to

Willa Seldon’s Leadership Style At The Tides Centre Free College Essay Help

Table of Contents
Introduction Management theories Change management strategies Personal contemplation Conclusion Bibliography

Introduction

The field of leadership is undergoing rapid change. Initially, leadership centered on the examination of specific leaders. Nevertheless, contemporary leadership involves a variety of aspects, including the working environment, leaders, peers, and organizational culture. Currently, leadership is not characterized by unique traits or distinctions. People regard leadership as complicated, relational, and shared (Avolio 25-28). Numerous leadership theories have been developed as a result of attempts to gain a comprehensive understanding of leadership. These ideas were developed based on the attributes and traits of leadership displayed by numerous leaders. The majority of existing theories of leadership view leadership as a relationship or a process.

Other theories view leadership as a series of distinct activities. Existing leadership theories all concur that leadership requires influencing a group of people with the goal of achieving particular objectives (Avolio 29-33). This research tries to analyze Willa Seldon's leadership at the Tides Centre using existing leadership theories and understanding about the application of leadership in organizations. In addition, the paper will employ understanding of change management to analyze Seldon's strategic planning and the execution of her strategic goals. Finally, the author will confirm whether or not he might have utilized comparable tactics to those employed by Seldon to manage Tides Centre. If not, the author will outline the adjustments he could have taken to ensure the organization met its objectives.

Management theories

Scholars have developed many leadership theories based on the personality qualities exhibited by various leaders. Skills theory, situational theory, and transformational theory are examples of leadership theories (Den Hartog et al. 19-34). Different theories attempt to explain why some leaders are successful in reaching certain corporate goals and why they employ particular models when carrying out their leadership responsibilities. Scholars devised the skills theory after realizing that the trait theory contained numerous flaws. The theorists sought to uncover the skills that contributed to the success of some leaders.

Consequently, the theory centers on the leader. According to the skills theory, a leader's success depends on his or her technical skills, conceptual skills, and interpersonal abilities (Sims et al. 148-153). The skills theory can be used to evaluate Seldon's accomplishments based on her leadership in Tides Centre. Seldon has the capacity to manage human capital or personnel, as evidenced by her ability to build and maintain positive relationships with various organizational management structures. Seldon knows that the success of every organization depends on its capacity to incorporate all stakeholders in the formulation of its purpose, vision, and strategies for achieving the vision.

The decision to distribute various leadership roles to certain employees and to convene a regular All-Hands meeting was well calculated. Seldon is well-versed in employee relations, and she is aware that one approach to earn an employee's confidence is to involve and consult them in various organizational matters, thereby attaining organizational objectives. This detail explains why she makes the extra effort to meet with each employee individually. She was able to allocate specific assignments to each employee based on their skills and shortcomings after identifying them during the meeting. Seldon has technological qualifications. She initiates dialogues that she knows will stimulate the entire crew and prompt them to consider where the organization has fallen short of its goals. In addition, the terminology she use in her discussions demonstrate that she is able to inspire employees to develop dependable methods of connecting with the firm. Instead of using the term “project,” she uses the term “customer,” which helps her arouse employees' motivation to raise performance standards.

Effective leadership requires both management and leadership actions. In accordance with the situational leadership theory, this characteristic possesses the following characteristics: Leaders can employ four distinct leadership styles, namely delegating, leading, coaching, and supporting, depending on the degree of each of these essential behaviors (Sims et al. 154-159). Seldon approaches her with intent. Therefore, she examines the ability of her followers before assigning them specific responsibilities. Prior to setting an appointment, Seldon assesses the applicants to ensure they possess the needed characteristics. Seldon consulted the senior management team before appointing qualified individuals to the Strategic Action Team's leadership position. Seldon decides to delegate the task of developing strategies to change Tides Centre into a customer-centric organization, as the entire organization would adopt the set policies if other staff were involved. Seldon had recently joined Tides Centre; hence, staff would likely fight any attempt to impose new regulations, especially from a person with limited knowledge of the organization.

The need for good performance in all organizations compels organizational leaders to seek out methods of inspiring their people. To inspire their subordinates, leaders are gradually embracing a transformational leadership style. Transformational leaders are visionary, risk-takers, courageous, motivating, and reflective (Avolio et al. 951-954). Seldon is aware that by motivating her staff, Tides Centre might improve its operations. This comprehension explains why she incorporates all of her staff in developing the mission and vision of the organization. A successful organization must have a clear goal, vision, and set of organizational values. In an effort to convert her followers, Seldon imbues her staff with a sense of significance. In addition, she challenges the staff to encourage them to look for other ways to improve organizational performance. She takes measured decisions in all of her endeavors. She asks, for instance, what employees would view to be the primary causes for organizational failure if Tides Centre failed to accomplish its objectives. The question is intended to motivate employees to identify all potential weaknesses that could lead to organizational failure and devise solutions. In a sense, she gives employees the authority to decide on problems affecting organizational success.

When employees are given the authority to make decisions on things that directly affect them, they are motivated. A transformational leader stimulates the intellect (Avolio et al. 961-968). The leader inspires inventiveness and originality in his or her followers. The leader encourages followers to generate fresh ideas and never criticizes their errors in public. Seldon knows that in order for Tides Centre to achieve its objectives, its personnel, and particularly its managers, must adopt the role of change agents rather than being the targets of change. She forms the M-Team to ensure that senior managers meet with middle managers to discuss how they can boost the performance of the organization. The two sets of managers would generate novel strategic directions for the organization through brainstorming. The two groups of managers are accountable for the organization's everyday operations. As a result, they are in a better position to devise innovative ways to deal with the difficulties they face in their operations since they are aware of the obstacles they face.

To establish if an organization is moving in the right path, it must assess the level of employee happiness. It is difficult for dissatisfied personnel to offer their optimum performance. Using a 360-degree appraisal tool is one method for measuring employee satisfaction (Avolio et al. 961), which involves conducting a full employee review. Seldon stresses the importance of using this evaluation tool in the organization because it aids in measuring the level of employee happiness and the nature of their interactions with other employees. She seeks to devise an evaluation mechanism that allows employees to evaluate their coworkers. Such an approach would aid the organization in building a picture of how employees relate to one another, allowing for the development of steps to increase employee cooperation. In addition, this method would aid in determining the level of organizational commitment to attaining its objectives. Tides Centre has not conducted employee evaluations for all employees for decades. Consequently, the corporation does not know which employees are devoted to organizational goals and which are not.

Change management strategies

When introducing change into an organization, one must take a number of aspects into account. A leader should examine the organization prior to implementing a change to determine whether the desired change will have bad or positive effects. In addition, the leader must create a vision of how the organization will look when the change has been implemented (Bouckenooghe 500-531). Participation of all stakeholders in change management decreases the likelihood of resistance. It is difficult for an organization to undertake changes without effective communication channels. Moreover, the implemented adjustments would certainly need some individuals to switch responsibilities. Therefore, supervisors must devise a comprehensive plan to assist affected staff in transitioning to their new jobs.

Seldon began the process of introducing change at Tides Centre by evaluating the organization's readiness for any change. In her initial meeting with top management, she discussed her likes and dislikes to discover if they were prepared to accept her leadership. She conducted individual interviews with all corporate personnel. Some employees may have viewed this action as time-consuming. However, this connection with every employee provided her a comprehensive grasp of the organization, allowing her to begin implementing the desired transformation with confidence. The Strategic Action Team was founded by Seldon to assist in preparing the organization for the impending transformation. The team was tasked with finding answers to challenges affecting the firm. In other words, the team would assist the organization in identifying all growth-restricting factors and developing appropriate solutions.

According to Kotter's model of change management, it is difficult for change agents to achieve their goals if they fail to build a feeling of urgency (Kotter 93). In order to avoid additional delay, organizational leaders and employees must feel that changes are long needed in their organization and act accordingly. Providing statistics about the company's bad performance is ineffective in generating urgency (Kotter 101). Instead, the agents of change should launch a conversation about the changes in the business climate and the company's position on the market. When employees begin discussing this issue, they will recognize the urgent need for change, hence supporting the implementation strategy. By having All-Hands meetings, Seldon is able to keep her employees informed about the status of Tides Centre. In addition, by giving diverse roles intended at assisting the company in developing a strategic direction to different individuals, she provides all stakeholders with the opportunity to learn about their organization and identify its affecting issues. This action enables the company's stakeholders to recognize the necessity for immediate changes if they are to observe the predicted growth.

Employees will only be able to implement the planned organizational changes if they have a clear understanding of the changes and the necessary procedures to take to implement them. This component demonstrates why leaders must communicate their desired changes in a manner that all stakeholders can comprehend. Failure to ensure that all stakeholders have a clear understanding of the changes could result in the failure of the implementation process or cause the stakeholders to deviate from the anticipated changes. Seldon incorporates all stakeholders in shaping the organization's mission and vision to ensure that they have a clear understanding of the desired changes. Thus, she ensures that all departments adhere to the same standards. All departments collaborate toward a same objective. Moreover, by incorporating all stakeholders in the formulation of organizational mission and vision, Seldon is able to stimulate their creativity in developing methods to attain this vision.

Through the development of organizational mission and vision, employees determine the desired nature of the organization. Consequently, while they strive towards its realization, they have a clear understanding of the relevant adjustments that this course will facilitate. By creating the Strategic Action Team, Seldon aimed to improve cooperation inside Tides Centre and increase staff motivation. The development of many teams within Tides Centre was intended to guarantee that all stakeholders are aware of the company's deficiencies and subsequent remedial steps. For instance, the M-Team would convene middle and senior management to discuss the most effective methods for setting the company's strategic direction. The lack of communication between the two groups made it difficult for them to learn from one another. Nonetheless, with Seldon's guidance, the groups were able to meet and collaborate to develop plans for implementing improvements at Tides Centre.

Without the assistance of organisational leaders, the change implementation process is bound to fail in any organization. Therefore, change agents must guarantee that organizational leaders support their recommended modifications (Spreitzer 1077-1098). Seldon holds regular meetings with senior managers as one of the techniques she employs to gain the support of leaders for her ideas. In addition, she assembles the M-Team to support the process of change implementation. The team is made up of both senior and middle managers. She purposely allows this team to develop methods for achieving organizational transformation, so empowering the managers to act as change agents and accept the changes. By frequently hosting the All-Hands meeting, Seldon is able to persuade all stakeholders to unite behind her in support of organizational improvements. She ensures that the organization develops principles and a mission that are acceptable to all employees. Allowing the staff to define the organizational principles and standards is one way Seldon use to gain the support of the entire team.

In the majority of instances, employees oppose changes made without their consent. They fear losing their jobs or being forced to accept new workplace procedures (Hodgkinson and Healy 387-417). However, Seldon allowed the staff to choose the organization's principles and mission, which persuaded the employees that she led Tides Centre in a transparent manner; hence, they agreed to accept the adjustments. Seldon is aware that Tides Centre will only experience change if she forms a formidable coalition. Her formation of a Strategic Action Team would enable her to form a coalition that would aid her in persuading other leaders to accept the proposed changes. In addition, she continues to recruit individuals for a variety of roles. Seldon hires individuals with whom she has already collaborated at other universities. She does this to develop a strong group that will aid in ensuring that organization-wide improvements are executed. She uses emotional inquiries in her interactions with senior managers to instill a sense of empathy.

Enterprise Resource Planning: Selection And Risks Free College Essay Help

Table of Contents
Introduction Enterprise Resource Planning Overview Implementation Suggestions ERP Advantages and Disadvantages Threat Factors Resulting Reference

Introduction

In recent years, the business climate has undergone significant upheaval. To remain competitive in the current business climate, firms must reevaluate their business processes. Utilizing technological innovation in business is one factor that has allowed some businesses to remain competitive. Numerous firms have utilized information technology for resource management. The majority of firms are currently interested in enhancing their ability to transmit accurate and timely information (Lambros-Sequr 2009, par. 4). Initially, many firms implemented management systems department by department. Nevertheless, many firms have adopted systems that combine the management of all departments. In recent years, Enterprise Resource Planning (ERP) has garnered considerable interest. Enterprise Resource Planning (ERP) is an integrated system that provides integrated support for a variety of organizational functions, including logistics, accounting, manufacturing, finance, human resources, and sales and marketing (Sumner 2005, p. 13). The application of ERP in project management inside an organization facilitates the coordination and administration of diverse project resources.

Enterprise Resource planning: an overview

Resource management is a primary concern for enterprises. Organizations seek methods that result in efficient resource management. Initially, each department within a company would have its own management system. The separation of divisions within an organization poses the greatest difficulty in independent resource management systems. Enterprise Resource Planning arose as a response to the difficulties inherent in isolated resource management systems. ERP is an integrated computer system used for managing both internal and external resources. The primary purpose of this system is to facilitate communication between divisions within a company. In the majority of instances, the system is built on a centralized database and executed on a standard computer platform. Enterprise Resource Planning solutions integrate an organization's operations into a unified, enterprise-wide platform. The application of ERP has been boosted by technical progress. Numerous ERP providers have emerged, and enterprises now have a vast selection of ERP systems from which to pick.

ERP Implementation Tips

Utilization of technology within an organization is crucial to success in the current business environment. New and efficient means of resolving a variety of challenges have been made possible by technological development. ERP's primary purpose is to improve resource management efficiency. The system integrates resource management from several organizational departments. It enhances internal and external communication, hence improving resource coordination. Incorporating an ERP system into an organization's operations requires a paradigm shift. The deployment of the systems results in significant alterations to the organization's operations. Despite the efficiency that can be realized via the use of ERP, many firms confront implementation issues.

Every organization is required to complete its project on schedule. This reduces costs connected with resource use and time expenditure. There are numerous issues that every management must keep in mind when utilizing ERP to achieve this. The management must comprehend both the required resources for the complete project's completion and the anticipated length. Through ERP, the management will be able to concentrate on the most important areas of the project. In the past, there have been reports of managers focusing on the least significant concerns influencing their initiatives. They have ultimately required more time than anticipated to complete their projects.

ERP implementation considerations can result in significant success for an organization, but a number of things must be taken into account throughout its implementation. Before implementing an ERP system, a company should examine its technological capacity. Enterprise Resource Planning requires a technologically advanced infrastructure. In order to implement enterprise resource planning, a firm must have sufficient and suitable computer systems. Before deciding whether or not to install an ERP system, a business should analyze its level of technological sophistication. Enhancing the degree of technology should be one of the initial actions in order to enable ERP deployment.

ERP is designed to improve the entire resource management of a firm. Before adopting Enterprise Resource Planning, it is necessary to consider the many departments that will be integrated by the system. The characteristics that should be incorporated in the ERP are determined by the operations of each department. Therefore, it is necessary to comprehend the operations of several departments and describe how they might be connected. Understanding the processes in various departments facilitates the selection of ERP software. The features and capabilities of an ERP system should correspond with the processes of various departments.

The selection of ERP software is crucial to the success of an Enterprise Resource Planning system implementation. Depending on the organization's resources and number of departments, it is essential for the organization to seek out ERP software that can accommodate all of its resources. This enables the coordination of resources during project management. There may come a time during project management when managers wish to modify their operations in order to achieve their objectives more efficiently. This necessitates that managers assure the adaptability of their ERPs. Effective adoption of enterprise resource management software inside an organization depends on the amount of technology within the business as well as the staff's understanding. It is possible for a manager to adopt ERP in project management with limited knowledge of the system's administration and implementation (O'Leary 2000, p. 45). This necessitates that managers have the necessary knowledge and train their employees prior to implementing ERP.

ERP software selection is heavily influenced by the enterprise resource planning system provider. Although there are various suppliers of the product, not all of them are able to produce software that fits all organizational criteria. One may purchase software from a provider only to discover that it does not accommodate all organizational resources. Others may possess the necessary capabilities, but they do not correspond to specific companies. It is essential for a manager to communicate with vendors in order to determine the most viable ERP software to utilize after gaining a thorough understanding of the organization's resources and the features required for conducting a project. This would save the company the cost of having to halt the project owing to poor resource coordination or process coordination bottlenecks.

Advantages of ERP

Before Enterprise Resource Planning installations, each department functions autonomously. After a department completes a specific function, little attention is paid to what occurs next. For example, production, sales & marketing, and accounting would operate independently. Despite being part of the same corporation, little would be done to connect these departments. It was challenging to incorporate different departments into old systems. The fact that different departments used different systems complicated the sharing of information. For instance, personnel in the production department lacked access to information from the sales department. The divided management made it difficult to share information. Diverse obstacles hindered the integration of the disparate systems utilized by distinct departments. Different procedures and software utilized by several departments posed the greatest obstacle to integration. ERP's primary advantage is the integration of management across departments. With ERP, data from any department is accessible (Leon 2007, p. 78). With ERP, production personnel can access data from sales and marketing or accounting. Similarly, individuals in the finance department have access to information from accounting, sales, and other departments. Integration of management has numerous advantages for a business. The integration facilitates effective decision-making in diverse departments. Due to shared knowledge, individuals in all departments are able to make informed decisions.

ERP also has applications in the accounting field. The ERP system is able to integrate cost, sales revenue, and profit (Leon 2007, p. 105). Additionally, the information is provided in an understandable manner. Enterprise Resource Planning can also be utilized to enhance production. For instance, a corporation can utilize ERP to determine when to improve its products. This might assist a company improve its quality and maintain its market competitiveness. Additionally, ERP enables a company to track its products and make any improvements or adjustments.

Enterprise Resource Planning can enhance an organization's security. Utilization of the integrated system enhances an organization's accountability. The fact that all departments have access to information makes internal theft more challenging. A well-developed ERP system defends a business from endless threats.

Disadvantages

Despite of its benefits, ERP has various downsides. Cost is the primary downside of ERP. Enterprise Resource Planning implementation is relatively costly. Implementing an ERP system necessitates a significant investment in hardware and software. Numerous firms are dissuaded from deploying the system because of its high price tag. Generally, only large firms can afford the system, whereas small and medium-sized businesses cannot (Kumar, Maheshwari & Kumar 2002, p.513). Due to the expense, investing in ERP can leave insufficient funds for investments in other areas. In addition to the initial expense, deploying ERP requires substantial investments in employee training. All users of the system require continual training, which can be costly for a business.

ERP's success relies heavily on the expertise of its users. The high level of technical expertise required by ERP users restricts their utility. Companies deploying ERP must invest much in training (Umble, Haft, & Umble 2002, p. 246). However, most firms limit their training expenditures, resulting in failure. The failure of the project as a whole results from the failure of the ERP system due to insufficient training expenditures. In addition, the majority of ERP systems are rigid and difficult to adjust to organizational demands.

Threat Factors

Many firms fail while using enterprise resource planning systems. There are numerous failure-causing risk factors. Technical risk factor is one of the key risk factors. The success of an ERP project depends heavily on how the beginning phases are carried out. If errors are made during the beginning phases of a project, rectifying them later on can be quite costly. Changes to the ERP software must be made in accordance with an organization's processes. Changes to the program that are incompatible have a significant impact on several organizational factors, including budgets, policies, and assigned time. Such issues can arise when ERP consultants are denied the operational independence they seek. Using immature, unreliable, or obsolete technology can also result in the occurrence of the problem. Inadequate infrastructure and facilities may also contribute to failure.

Business risk factors are additional ERP implementation hazards. These are the risks associated with adverse supplier, customer, or competitor responses to ERP deployment. EPR systems are utilized to tackle numerous issues inside a department of a business. However, the execution should not lose sight of the organization's goals (Scott & Vessey, 2000, p. 217). Inattention to organizational goals may cause the project to veer off course. Here, competitors may attempt to dissuade customers from using the organization's products. For instance, an enterprise resource planning system (ERP) that does not improve performance efficiency inside a business may result in customer discontent. This could be an opportunity for competitors to increase their market share.

Organizational risk factors are the risks inside a company that can impact Enterprise Resource Planning implementation. The greatest corporate risk is user resistance (Sumner 2004, p. 319). Implementation of EPR necessitates numerous organizational adjustments. However, failing to execute the essential reforms may result in the failure of some businesses. For instance, a firm may be hesitant to downsize its personnel, provide inadequate training, or obtain the appropriate technologies.

Conclusion

In modern firms, enterprise resource planning (ERP) technologies have proved instrumental. ERP systems help firms decrease costs and increase productivity. Before deploying ERP, it is necessary to evaluate the business processes of each department. The implementation should ensure that various departmental functions contribute to an overall increase in efficiency. Despite the benefits of ERP, the implementation cost is a significant restriction. It is necessary to examine technical, business, and organizational risk factors in order to lower the likelihood of failure.

As a means of mitigating the risks associated with ERP deployment, managers must examine their ERP and identify the technical issues that may arise during the system's implementation. This will ensure that the appropriate activities are taken in advance. For organizational risk considerations, firms must educate their staff about the significance of ERP. This will ensure that all departments within the organization support its implementation. Monitoring the adoption of ERP inside a business will ensure that it aligns with the organization's goals.

Reference

Enterprise resource planning systems adoption process: a survey of Canadian firms, by V. Kumar, B. Maheshwari, and U. Kumar, published in 2002. International Journal of Production Research, volume forty, number three, pages 509-523.

2009, R. Lambros-Sequr. "Factors to Consider Prior to Purchasing an ERP Software Package." Web.

Enterprise Resource Planning by A. Leon. Manhattan: McGraw-Hill

O'Leary, D., 2000, Enterprise resource planning systems: electronic system life cycle. Cambridge University Press is located in Massachusetts

Scott, J., and I. Vessey. Implementing Enterprise Resource Planning systems: the importance of failure learning Information Systems Frontiers, volume two, number two, pages 213-232.

2004. "Risk factors in enterprise-wide/ERP projects" by M. Sumner. Information Technology Journal, Volume 15, Number 4, Pages 317-227.

M. Sumner, Enterprise resource planning, 2005. The New York location of Prentice Hall.

Umble, E, Haft, R, & Umble, M. 2002. Implementation methodologies and crucial success elements for enterprise resource planning. 146, No. 2 of the European Journal of Operational Research, pages 241-257.

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“Developing Human Capital By Pease” By G., Beresford, B., & Walker, L. Free College Essay Help

The book Developing Human Capital by Pease, Beresford, and Walker examines how to optimize an organization's learning and development investments through the use of analytics. Learning and development (L & D) refers to the company's actions aimed at fostering the professional development of its workers. The current developments in the business climate drive organizations to invest more money and time in L & D, and the book discusses the tools that can be used to invest efficiently.

The first chapter, titled "The New Workforce," discusses generational shift. Currently, firms are managing five generational cohorts in the workplace, including the Baby Boomers, Generation X, and the Millennials, who each represent unique backgrounds, perspectives, difficulties, and opportunities. Companies must confront the generational change and make informed decisions about how to solve the impending human capital difficulties in order to remain competitive and successful in today's marketplace.

The second chapter, titled "The Need for a Strategy," addresses the fundamental ideas of the management strategy, which is the primary instrument for giving direction and feedback for L & D operations. Following the development of a learning program from conception to implementation and measuring its influence on the business, each phase of measurement serves a distinct purpose. Effective measurement results from alignment with the organization's objectives and affords opportunity to make human capital development decisions based on evidence.

The third chapter addresses the construction of a measurement framework, which provides the organization with a mental model for the implementation of the measurement strategy. When used to a learning and development initiative, an effective measurement strategy:

Promotes alignment from the beginning. Establishes the success metrics Guides content development. Provides process-level metrics for continuous improvement. Enhances the value and effectiveness of learning and development efforts.

The fourth chapter, "Planning for Success," gives implementation advice for measuring technique. First, the organization must assess its current standing and consider how to establish work strategies at every level. Second, it must choose a starting point, or "low-hanging fruit," to generate momentum and allay measurement-related worries. Thirdly, after the organization has mastered data-driven decision making, it will be able to turn to more complex questions and make full use of quantitative evidence to enhance the quality of its services.

The fifth chapter is entitled "Curriculum Alignment" and examines ways to connect training curriculum with tasks in order to improve business outcomes. The recommended techniques include performance mapping, which provides a method for methodically aligning curricula with organizational goals, and gap analysis, which identifies, quantifies, and ranks performance gaps. These instruments can serve as the foundation for a long-term, performance-based curriculum that tackles the organization's most pressing learning and performance demands.

In chapter six, measurement mapping is described, which aims to produce a map of the expected and agreedupon observable, measurable consequences of investments. Five essential factors of measurement mapping effectiveness are identified:

Include the proper individuals. Concur on the strategic objective. Make sure that all important performance indicators are measurable. Consider cartography an art, not a science. Enjoy the journey.

The seventh chapter, "Improving the Basics," explores the significance of surveys, tests, and segmentation as data management methods. By creating questionnaires and examinations, useful and meaningful data may be acquired to enhance the quality of training. In chapter eight, tools for advanced analytics such as the computation of isolated business impact are explained. They are utilized for the early assessment of an investment's potential, the calculation of training's contribution using actual company KPIs, and the establishment of investment optimization strategies. When training is administered, tests and control groups allow management to measure the difference in performance between trained and untrained staff, as well as the performance changes over time. By assessing an investment's isolated business impact, the firm is able to determine whether the investment is successful and optimize it accordingly.

In Chapter 9, "Optimization through Predictive Analysis," the aims of L&D program measurement and predictive analysis are discussed. Typically, the first objective of the measuring method is to determine the return on investment of a program, confirm training, and secure future financing. The strategic shift occurs when the business begins to use measurement to enhance, as opposed to merely demonstrate, and moves into the area of optimization through predictive analytics. L&D departments may greatly boost the effectiveness of learning programs by filling the audience with individuals who have the potential to benefit from them. Using analytics tools, they collect data that enables them to understand how to modify programs or modify instruments for students who have a low likelihood of benefiting from the program. Additionally, they assist the organization save money by selecting program participants who are most likely to have an impact after completion. L&D departments are able to review previously obtained achievements and determine where future investments are required most.

In chapter 10, "Conclusion," the significance of L&D management in a quickly changing environment is examined. A good measurement strategy aims not to prove, but rather to improve the company's L & D investments by collecting, managing, and analyzing quantitative data and offering optimization approaches. Similar measuring methodologies can be applied to all of an organization's objectives and are particularly effective for enhancing the current personnel management practices. In a measurement strategy, any objective is regarded as an investment, broken down into parts, measured and guided through the development process, and the results are evaluated. It enables the business to assess the profitability of an investment and devise strategies for its future optimization.

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Microsoft Company: Change In The Management Free College Essay Help

Introduction

As a result of standardization and simplification of work, quality management (QM) enables businesses to provide consistently high-quality goods and services. ISO9001 is a certification system created by the International Organization for Standardization that verifies a company's adherence to quality-assuring management procedures. This certification demonstrates that a company follows a process-based standard approach to maintaining the quality of its products ("What is ISO 9001?," n.d.). In 2005-2008, Nokia, a technology manufacturer, implemented ISO9001 (Majanoja et al., 2017). This presentation will describe how Nokia implemented the ISO9001 quality management tool, whether or not this implementation was effective, and its future consequences.

Description of the Company

Nokia is a manufacturer of technology that specializes in telecommunications. The company's history ranges from being one of the leading makers of mobile phones to failing to fulfill client demands. Nokia has utilized the corrective action preventive action (CAPA) approach and tools to handle production and quality concerns for a long time, but some managers viewed this as a problem-solving technique rather than a way to assure quality consistency across all operations (Majanoja et al., 2017). Thus, you

Sanna (2017) claims that Nokia required ISO9001 in order to meet the innovation requirements of their sector. As a technology and communications firm, Nokia was required to strike a balance between the QM tools and its capacity to produce innovative products.

Quality Tool History

Nokia opted to apply ISO 9001 in order to adapt to the changing nature of the industry. Nokia had to implement ISO9001 because "companies must address constantly evolving quality needs and implement quality improvement practices at the operational level" (Majanoja et al., 2017, p. 30). In the twenty-first century, Nokia's manufacturing adhered to local quality standards and CAPA principles. As the information technology (IT) field entered a new phase of development, customers' perceptions of quality evolved, and Nokia needed a new method to ensure constant quality output (Majanoja et al., 2017). As a result, Nokia adopted ISO9001 to enhance its systems, operations, and procedures (SOAP).

Implementation

The installation of ISO9001 by Nokia followed various conventional procedures. In addition to reviewing its standards through internal auditing, which can be conducted in three stages: surveying, categorizing, investigating, and assessing, Nokia created documents such as the Quality Manual (Blackbourn, 2007). Other material includes objectives, quality standards, and tools. Nokia committed to conducting internal audits since this technique permits independent and systematic evaluation of procedures (Blackbourn, 2007). Nokia's dedication to internal auditing is motivated in part by the requirement to comply with ISO 9001 standards and monitor processes. Through routine internal audits and reports to senior management, an internal environment study is conducted. Nokia has utilized quality audits to evaluate the performance of its ISO9001 implementation.

Quality Tool History

Nokia opted to apply ISO 9001 in order to adapt to the changing nature of the industry. Nokia had to implement ISO9001 because "companies must address constantly evolving quality needs and implement quality improvement practices at the operational level" (Majanoja et al., 2017, p. 30). In the twenty-first century, Nokia's manufacturing adhered to local quality standards and CAPA principles. As the information technology (IT) field entered a new phase of development, customers' perceptions of quality evolved, and Nokia needed a new method to ensure constant quality output (Majanoja et al., 2017). As a result, Nokia adopted ISO9001 to enhance its systems, operations, and procedures (SOAP).

Implementation

The installation of ISO9001 by Nokia followed various conventional procedures. In addition to reviewing its standards through internal auditing, which can be conducted in three stages: surveying, categorizing, investigating, and assessing, Nokia created documents such as the Quality Manual (Blackbourn, 2007). Other material includes objectives, quality standards, and tools. Nokia committed to conducting internal audits since this technique permits independent and systematic evaluation of procedures (Blackbourn, 2007). Nokia's dedication to internal auditing is motivated in part by the requirement to comply with ISO 9001 standards and monitor processes. Through routine internal audits and reports to senior management, an internal environment study is conducted. Nokia has utilized quality audits to evaluate the performance of its ISO9001 implementation.

Result and Influence on the Result

The company created an auditing and reporting system to document and evaluate this system. According to Nokia's QM handbook, a certified third-party ISO 9001 accreditation covers all global Nokia Siemens Networks activities (Blackbourn, 2007, p. 5). As a result, the adoption of the ISO 9001 standard was effective, and given that firms are required to renew this certification every three years, Nokia has maintained the quality of its procedures to the present day. In addition, senior management examines the documentation of quality reports, business metrics, and internal audit outcomes at frequent meetings (Blackbourn, 2007). In addition, these specialists frequently review the Mode of Operations Reports, which contain information on conformance, client feedback, and corrective action plans.

Conclusion

Overall, Nokia's introduction of ISO9001 was a response to industry demands and an effort to build a uniform system of quality management, as opposed to following local CAPA standards in each factory. Initiating the procedure in 2005, the company obtained accreditation in 2008. The company created QM guidelines and objectives to document the process. They validate the efficacy of their QM technology via routine internal audits and analysis. The success of their QM system is reported to senior management in the form of reports.

References

H. Blackbourn (2007). Excellent handbook. Web.

Majanoja, A. M., Linko, L. & Leppanen, V. (2017). Global corrective action preventative action process and solution: Nokia Devices operation unit insights. International Journal of Productivity and Quality Management, volume 20, number 1, pages 1-10 (IJPQM).

Sanna, S. (2017). Case Nokia Technologies: Managing Quality and Innovation: The Role of ISO 9001 Quality Management Standard in the Innovation Process (Publication No. 16007). [Doctoral dissertation, Aalto University]. Learning Centre of Aalto University

What is the ISO9001 standard? (n.d.). Web.

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Changes in Microsoft's management constituted a threat to the company's falling performance and competence on the business market. In this instance, the new administration concentrated on critical aspects that encourage a transformation in organizational culture that improves staff cooperation and the corporation's operational efficiency. Innovation, diversity and inclusion, corporate social responsibility, philanthropy, the environment, and dependable computing were the guiding principles applied by the leadership team (Czerwonka et al., 2018). Microsoft's optimal solution codified the optimal exploitation of strategic governance inside the dynamic spectrum ideologies.

One of the company's primary aims is to prioritize value over sales volume, therefore the rebuilding of the corporate social responsibility philosophies. The purpose is to incorporate a comprehensive framework of competitive advantage approaches. Human society has grown along a gradient of sustainability and technical inspiration over the years. In this instance, competition on the global commercial market heightened due to an organization's strategic economic advantage (Muthukumar et al., 2017). Fundamentally, the organization prioritized the adoption of unique viewpoints to increase its ability to attract a substantial portion of the market. The effort was responsible for the increase in the creation of highly differentiated products and services.

Microsoft's primary competitive advantages include facilitating the customer reward experience, enhancing the distribution network, and expanding the utility and product value. Strategic corporate social responsibility includes characteristics such as innovation and development opportunities. The cooperation proposal with other corporations enabled the organization to have a working and competent supply chain. Corporate responsibility entails blending global development objectives with community welfare (Santana et al., 2017). The reasoning is consistent with the definition of sustainability. It entails the optimal utilization of resources to maximize profits without compromising the integrity of the constituents. The enterprise's executive committee devised strategies for enhancing market capacity. The group is primarily responsible for adjusting the production process in order to foster the essence of a turnaround. In this instance, the management adopted the organization's responsibility frameworks and procedures.

The development of a new product with zero carbon footprints is a sustainable project that contributes to the growth of a shared value. Identifying points of convergence between a company's activities and society is crucial. The intersection between Microsoft and the community is the essence of decreasing pollution during the production of technology resources and assuring the usage of optimal designs (Muthukumar et al., 2017). Therefore, it is the obligation of the administration to initiate the strategic management of corporate social responsibility, such as the creation of a new product with minimal negative effects on the locality (Czerwonka et al., 2018). The limitation of carbon emissions during production and processing minimizes pollution, thereby enhancing the aesthetic value of the environment and the security of human life. The enhancement of a new product with a lower CO2 emission rate is a strategic competitive advantage in this instance.

Diversity in the workplace has a significant impact on an organization due to the orientation of cultural practices and operations based on the skillset of the personnel. Improving worker satisfaction is one of the most important aspects of a business. Human resources are an enterprise's greatest asset. Consequently, it is crucial to guarantee that the formed business culture reflects the behavior and interests of the workforce. Incorporating heterogeneity into a workstation promotes the establishment of a dynamic level of competence in service delivery and the product development cycle (Muthukumar et al., 2017). Variation in the workplace is, on the one hand, legal conformity. On the other hand, the foundry's dynamism is a tool for enhancing the element of distinction in service delivery and product development. Polarity in public workplaces is a complicated phenomena including the comprehensive use of proactive tactics to improve the incorporation procedure. The purpose of cultural diversity is to ensure customer and staff satisfaction with institutional policies. It is crucial to build a technique of good multiplicity management that increases employee satisfaction and performance in a business.

Globalization influenced the evolution of the consumer market on a different spectrum. In terms of the competitiveness of the goods and services in the marketplace, the shoppers became the deciding element. Therefore, Microsoft decided to focus on customer service experience as the ultimate competitive advantage, highlighting the need to comprehend human behavior and the most effective method for enhancing character. Eventually, the personality of the employees emerged as the ultimate competitive advantage for the company (Czerwonka et al., 2018). In this instance, the issue that arose as a result of globalization is the significance of employee personalities in enhancing the purchase's sustainability and value generation.

From a different angle, organizational behavior strongly contributes to the growth of moral issues in human resource management. Fundamentally, individualism, collectivism, power distance, the avoidance of uncertainty, the encouragement of accomplishments, and the essence of cultural diversity influenced Microsoft's ethical policies (Muthukumar et al., 2017). Due to the varying socioeconomic and cultural backgrounds of the employees, the demographic dynamics of the company demonstrate variance in the workplace. The majority of employees adhere to and adhere to various sociocultural norms and practices. Therefore, Microsoft's administration saw it vital to adopt organizational behavior that acknowledges the socio-cultural diversity of not only the employees, but also the administration.

Inadequate communication encourages the development of operational uncertainties in a business. Such methods are intricate and have tremendous implications on the connection between organizational behavior and teamwork. The management of a group ensured the construction of effective communication channels for uninterrupted and rapid exchanges in order to eliminate operational issues. In a business setting, authority certifications may foster a culture of submission rather than cooperation. Similarly, the components of accomplishing and nurturing influence the interactions and etiquette of the laborers with authorities. For example, Microsoft enabling its employees to accomplish certain objectives. This "end justifies the means" philosophy causes human resources to develop characteristics such as consumerism, competition, and assertiveness. Microsoft, on the other hand, supports a turnaround by training its employees to build relationships and be thoughtful of their coworkers. In this manner, employees understand the importance of mutual support for maximizing production (Czerwonka et al., 2018). Diversity in culture modulates the connection between organizational behavior and teamwork. Companies must create an ideal institutional policy framework that takes into account the distinctions amongst their employees. The management recognizes the dynamism of customer and employee values as a competency variable for Microsoft's reinvention.

Effective monitoring and control of dynamic company activities is essential to an organization's competence. Planning, analysis, implementation, and management are the different business operations that increase productivity. The structural approach to brand positioning is primarily geared on the establishment of competitive advantages within an organization. An unstructured approach is characterized by the absence of definite corporate aims and objectives. Globalization has facilitated the escalation of business competition over the years. Consequently, the inefficiency of professional service delivery is hindered by the absence of clear corporate objectives. In this instance, the unstructured approach provides a greater obstacle for enhancing public relations skill than the organized approach (Czerwonka et al., 2018). In addition to developing an identity, the marketing initiatives provide a decisive solution for the application of effective management.

The Microsoft management team played a crucial part in improving the turnaround status by implementing the most appropriate decision-making activities. The application of strategic administrative concepts, in my opinion, stimulated major organizational change. Despite the fact that the company deals in software and related technology resources, it falls inside the modern business phenomenon. Current corporate market trends encompass the essence of service value. Consumers' interests and allegiance are aligned with the benefits obtained from the purchase. Nonetheless, over the years, the company prioritized product feature diversity while paying little attention to employee wellbeing. Consequently, employees engaged in programs based on the perspective of attendance rather than the motivational outlier of improved performance. In this instance, Microsoft was confronted with the difficulty of divergent worker interests and weak rapport with the senior staff. I feel that the new chief executive officer's (CEO) emphasis on altering the organizational culture and the function of human resources facilitated the evolution of practices and the improvement of competence.

Therefore, the turnaround of a firm depends on the implementation of strategic management initiatives. Ineffective administrative policies contribute to a company's declining sales performance. Microsoft encountered dynamic challenges within the cultural mainframe and decision-making platform. The organization's hierarchical structure has a detrimental impact on the effectiveness of the application of the governing policies. However, the new management team led the paradigm change towards employee welfare and addressing the fundamental aspects that contribute to product branding. In addition to focusing on the well-being of employees, the board of directors updated the mergers and acquisitions policy to match with the company's aim to improve customer service. A company's reinvention involves the concept of integrating dynamic frameworks that cultivate the level of competency based on internal and external variables.

References

Czerwonka, J., Greiler, M., Bird, C., Panjer, L., & Coatta, T. (2018). (2018). CodeFlow: Enhancing Microsoft's Code Review Process: A Conversation with Jacek Czerwonka, Michaela Greilon, Christian Bird, Lucas Panjer, and Terry Coatta Queue, 16(5), 81-100.

Muthukumar, R., Ramakrishnan, L., & Krishnamacharyulu, C. S. G. (2017). Turnaround of BlackBerry. Journal of Management Cases, volume 4, number 4.

Santana, M., Valle, R., & Galan, J. L. (2017). Consider the causes of a company's downturn prior to terminating employees as part of crisis management tactics. 20(3), pages 206-211, in BRQ Business Research Quarterly

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Critical Strategic Analysis Of VW Group Free College Essay Help

Introduction

Volkswagen AG, commonly referred to as Volkswagen Group or VW Group, is a German automobile manufacturer headquartered in Wolfsburg. Volkswagen, according to Gunnell (2017), is one of the largest automakers in the world, delivering a diverse selection of vehicles to fulfill the diverse needs of worldwide customers. Through mergers and acquisitions, the corporation has been able to reach nearly every section of the automobile industry, from high-end to middle-class and low-income vehicles. In order to protect some of the purchased luxury brands, such as Bugatti and Lamborghini, the firm decided to keep their brand name, identity, and way of manufacture in order to fulfill the special needs of its clients (Glen, 2017).

In a sector where competition remains fierce, the company's strategy has enabled it to cultivate a base of loyal customers. It has also kept the Volkswagen brand for a vast array of its inexpensive automobiles. In this critical strategic analysis paper, the researcher will evaluate Volkswagen, one of the most successful brands within the Volkswagen Group, to determine its existing capabilities and its ability to achieve strategic global market expansion.

Brief Positional Analysis of Volkswagen

Volkswagen is one of the most popular automobile brands on the normal market and has earned tremendous appeal among middle-class individuals around the globe. LeClair (2018) argues that this company's inventiveness enabled it to build a variety of high-performance automobiles renowned for their fuel efficiency. The efficiency of these automobiles has made them quite popular among consumers worldwide (Acker, 2017). The Volkswagen brand is positioned as an inexpensive, mass-market product. This strategic posture was adopted since the company offers a variety of high-end items, such as the Bugatti and the Lamborghini, that are aimed at the extremely wealthy (Miller, 2019).

It has more brands aimed at the upper middle class. Therefore, Volkswagen was positioned to appeal to low- to middle-income consumers in need of a fuel-efficient vehicle. The company has maintained a high level of market innovation as it strives to surpass its competitors within the same market category. Figure 1 depicts one of the most contemporary Volkswagen automobile types.

Figure 1. Volkswagen ID 4 (Miller, 2019).

Volkswagen Resources and Value Systems

In the current competitive business environment, this company's capacity to attain market success is determined by multiple elements, including its resources and its values. Understanding a company's key strengths and available resources to execute specified strategic activities is crucial for defining attainable goals (Bratton and Gold, 2017). It enables management to comprehend the firm's capabilities and limitations as it strives to increase its market share in the local, regional, and international markets. Dyer (2019) suggests that when analyzing a company's resources, it is equally vital to consider the company's value system. In this section of the study, the researcher will provide a critical evaluation of these two issues.

Resource Evaluation

The concept of resource audit aids in examining a company's internal resources and skills that will allow it to attain its strategic objectives. They include aspects such as a company's financial capacity, the technological systems required to carry out certain responsibilities, and the people resource accountable for carrying out these duties. According to Miller (2019), Volkswagen was the largest automobile manufacturer in terms of sales value from 2016 to 2019.

The company's sales for the fiscal year that ended in December 2019 was €252.632 billion, while its net profit was €13.346 billion (Miller, 2019). The firm's total assets were valued at €488.071 billion throughout the period covered by these figures. This company is able to meet its research and development requirements due to its solid financial resources. It can also continue operating in the event of a severe economic collapse in some of its major markets.

In terms of its technological systems, the corporation has been eager to adopt developing technology in order to acquire a market advantage over its competitors. According to LeClair (2018), the business has been in the forefront of promoting virtual technologies in its operations. The majority of operational tasks at the company are currently performed by robots (Gunnell, 2017). This technology movement aims to increase production speed, enhance quality, cut costs, and reduce occupational hazards. They have allowed this company to raise its production output without sacrificing quality or needing to hire more workers.

Human resource audits also aid in identifying a company's core strengths. According to the company's publications, Volkswagen has more than 304,170 salaried employees worldwide (Miller, 2019). Significant numbers of these employees are involved in the automobile manufacturing process. The logistics section and the sales and marketing unit also contain a sizeable population. In addition to finance and accounting officers, risk management officers, and a public relations unit, the company has numerous more operational departments. It is vital to guarantee that these individuals possess the skills and competencies required by their respective departments.

They must recognize the importance of teamwork even as they pursue individual achievement (Dhir and Sushil, 2019). Volkswagen can utilize the human resource model depicted in Figure 2 to audit its human resource. The first phase highlights the necessity to maximize each employee's performance. Then, they must understand and value the significance of collaboration and exploration. Management should also consider offering opportunities for the entire workforce to increase their skills and overall capability (Dyer, 2019). It may be acceptable to provide frequent on-the-job training or to finance their continued education at local institutions of higher learning.

Figure 2. Human resource audit model (Dhir and Sushil, 2019, p. 83). Value Systems

Value systems relate to the means by which a company's actions might facilitate the realization of value within a certain industry. Volkswagen's major objective is to supply inexpensive, high-quality automobiles to its customers. Using the value chain model depicted in Figure 3, the company's management will comprehend the collection of operations that will be required to supply valuable items to customers (Ansoff, 2019). The key tasks begin with inbound logistics, where the company will need to procure various supplies for car assembly. It includes getting batteries and tires from some of the industry's most recognized manufacturers.

The next step entails assembling the automobiles at the facility. Once the automobiles have been manufactured, the logistics team will be responsible for ensuring that they reach the correct dealers around the globe. The marketing and sales division will be responsible for promoting the company's brands and products and ensuring that they are sold to customers at the optimal time and price. The final task is providing consumers with relevant services they may require. To ensure the success of these endeavors, management will require the assistance of the organization's infrastructure, human resources, technology, and procurement.

Figure 3. Value chain system (Crain and Stan, 2008, p. 67).

Evaluating Portfolio Product Mix

Volkswagen offers a diverse array of products to fulfill the diverse needs of its consumers. According to McPhee and Wheeler (2006), the fundamental reason people purchase automobiles is to ease their safe and convenient mobility from one location to another. However, it is vital to highlight that an automobile is one of the most significant ways to demonstrate social class. In its line of production, this corporation frequently aims to capture various market segments with this Volkswagen brand, particularly those from the middle-upper class and below or those who are uninterested in certain luxurious models.

Analyzing the product portfolio facilitates comprehension of the company's revenue stream. It is simple to identify products that are generating lucrative sales for the company, those whose sales have slowed, and those that may need to be discontinued because they have lost customer appeal. The Boston Consulting Group (BCG matrix can be utilized to categorize the numerous goods offered by Volkswagen on the market.

Product/Service assortment (BCG Matrix)

The BCG matrix divides a company's product portfolio into four primary categories. In the first quadrant, products categorized as question marks are located. These are unusual, high-growth products with little market share. These items require significant investment, yet their limited market share results in comparatively poor returns for the company. According to Connor (2011), the management of these items must raise their market share in order for them to become stars or cash cows. The Volkswagen Tiguan fits this description. This sector contains stars. These items have a high market share and a high market growth rate.

They generate significant revenue for the organization and exhibit indicators of future expansion (Hearn and Pace, 2006). The management will need to invest more in these products in order for them to achieve maximum market growth and become big products. This category includes the Volkswagen Amarok and the recently released Volkswagen ID 4, an electric vehicle. They have a promising future because there are several expansion opportunities. As the desirability of fossil fuels declines, these electric vehicles are anticipated to obtain a substantial market share.

The third quadrant contains the revenue generators. These items are no longer seeing market expansion, but they already have a substantial market share (Rose and Cray, 2013). They generate enormous profits for the business because they are well-known and remain popular with clients. Because of their strong reputation, the corporation does not need to invest a great deal of money in promoting them. Volkswagen Passat and Volkswagen Golf are two of the company's most profitable vehicles.

The emphasis should be on preserving their marketability. The final quadrant contains merchandise categorized as dogs. The Volkswagen Beetle and Volkswagen Touareg may have been stars or cash cows at one point in the company's history, but they have lost their commercial appeal. These items have already been taken off the market.

Table 1: BCG Matrix.

Rate of Market Growth Q1: Question Marks

Volkswagen Tiguan

Q2: The Stars

Volkswagen ID 4 Volkswagen Amarok

{Q4: Dogs}

Volkswagen Touareg Volkswagen Beetle

"Q3: Cash Crop"

Volkswagen Passat Volkswagen Golf

Market Share

Analysis and Evaluation of Strategic Growth's Key Future Directions

Volkswagen's management should ensure that its existing market dominance is maintained despite intense competition from other prominent global manufacturers. It must have a distinct growth strategy that outlines its current and future growth objectives. As Bratton and Gold (2017) note, a company that wishes to maintain its market relevance cannot ignore change.

It must be capable of monitoring emerging market trends and developing effective responses to them. Mittal and Jain (2012) assert that a company's ability to adapt to the needs of emerging markets is contingent on its core strengths. It depends on the ability of its workforce to recognize these market forces of change and adapt appropriately. As environmental issues continue to be a top priority, it is apparent that the automotive industry is heading towards a greener future. It is vital to evaluate this company's potential for future strategic growth in light of developing market trends.

Possible Future Strategic Expansion

Volkswagen has tremendous growth potential. As the global middle class continues to expand, so does the number of people who can afford to buy automobiles from this corporation. Miller (2019) cautions that for this organization to get a competitive advantage in the market, it must have a thorough understanding of market trends. It must comprehend shifting tastes and preferences, advancing technologies, rivals' methods, and government rules that may reshape its operations. The organization must then create an effective reaction system.

Identification of Alternative

The management should begin by identifying the strategic alternatives accessible to it. It should comprehend the strategic direction necessary to achieve its long-term objectives. These options are frequently determined by market forces. This company can apply the tactics depicted in Figure 4 to determine the market possibilities available to it.

Figure 4: Strategic alternatives.

The preceding diagram depicts the possibilities this company should consider while establishing its future in the market. Regarding the rationale for adopting a certain alternative, management should prioritize adopting a cost leadership strategy. It should guarantee that its operating expenses are kept as low as possible so that it can price its items competitively in the marketplace (Ansoff, 2019). Regarding the path the company should take, it is recommended that it concentrate on reaching the worldwide market with innovative ecologically friendly products. Volkswagen ID 4 is one of the company's most promising new offerings on the global market.

Despite its eco-friendliness, the product has not yet established a strong presence on the market. The administration may need to invest on promotion. To address the question of how this organization may attain these objectives, it is vital to emphasize internal innovation. It should utilize its highly skilled workforce and enhanced operational systems to develop new operational methods and products.

Evaluation of Alternatives

When the management has chosen an appropriate alternative to follow in its future development initiatives, it is vital to undertake an appropriate evaluation to establish whether or not it will assist the organization accomplish its intended objectives. As said previously, this company should consider focusing on electric vehicles to attain worldwide expansion. This strategy may pose a significant threat to some of its presently successful items.

According to the data presented previously, VW Passat is one of the most successful vehicles offered by this company. However, it is powered by gasoline, which environmentalists criticize for its increasing carbon emissions (Dhir and Sushil, 2019). When promoting the Volkswagen ID 4, this company must underline that it is an emission-free vehicle. This advertising campaign will be a clear critique of some of these present products. Consequently, the possibility of cannibalism exists.

Such a dilemma may necessitate innovative marketing methods. Nonetheless, it cannot be disregarded. Dyer (2019) notes that Eastman

Domino’s Case Study: Supply Chain And Competitive Advantage Free College Essay Help

Table of Contents
The Consequences of Greater Transparency Application of the Centralized Supply Chain Model and New Recipes to International Operations Reference

Domino's created a supply chain with a number of competitive advantages. Prioritatively, it is essential to emphasize the benefits of centralized purchasing, which enable the company to retain the high quality of its products and deliver sustainable swift service. Domino's provides its stores with 240 items, ranging from fundamental ingredients to specialized equipment (Bell, Andrews, & Shelman, 2013). Thus, the corporation ensures that every store satisfies corporate requirements.

Domino's has also developed an efficient location strategy. Its supply chain facilities are configured such that suppliers can reach the designated retailer within a maximum of 48 hours. As some food goods have a short shelf life, the company's adequate area coverage enables it to provide timely service, which is vital for the food industry.

Moreover, Dominos' delivery operations are meticulously designed to reduce as many back-of-store activities as possible. Therefore, the majority of deliveries are made at night so as not to disrupt a store's operations. The drivers are also responsible for replenishing the store's shelves so that employees can identify which products should be utilized first. Therefore, Domino's vigilance in delivery procedures enables the store's employees to maintain complete concentration on customer care.

Lastly, the corporation incorporates cutting-edge technologies to increase the efficacy of its supply chain system. Pulse, Domino's computer system, is meant to provide a consistent connection between customers and stores and to facilitate delivery service access for businesses. Domino's is able to monitor faults and limitations that need to be eliminated thanks to the corporate computer platform, which aids in optimizing the supply chain operation and enables the monitoring of flaws and limitations that need be eliminated.

Consequently, the primary benefits of Domino's supply chain include a centralized purchasing system, effective region coverage, meticulously scheduled delivery, and modern technologies.

The Consequences of Greater Transparency

The level of transparency that Domino's has attained is rather remarkable. Despite taking major risks, the company's adopted approach had a favorable influence on their image and contributed to the enhancement of their service.

First, Domino's choice to boost transparency was not entirely voluntary; rather, it was in large part compelled by the unintended success of the YouTube video that damaged the company's brand (Bell, Andrews, & Shelman, 2013). In addition, the company was receiving unfavorable client comments regarding the flavor of their products. Consequently, alternative solutions were required. From this vantage point, Domino's management converted the negative events into an advantage.

The company's choice of solution was rather unexpected. It is vital to acknowledge that allowing public opinion to be spoken in such a populated area as Times Square poses a challenge, given that nasty comments were not filtered. On the one hand, they accepted the risk of disclosing the service's flaws to both their current and potential customers. On the other hand, they demonstrated that they were accountable for the quality of their services and willing to enhance it upon request.

In the context of this campaign, it is also essential to emphasize that Domino's provided access not just to their services but also to the fundamental steps of production. Thus, clients were encouraged to familiarize themselves with the nature of ingredients and kitchen processes.

Combining public feedback with the introduction of new pizza flavors was one of the primary positives of this measure. Customers were encouraged to engage in the creation of new items, which made them feel like they were a part of a community activity and helped to offset their negative attitude.

In addition, impartial criticism allowed management to identify and eliminate the service's most common flaws.

Model of Centralized Supply Chain and New Recipes

Domino's case study shown that a centralized supply chain is particularly successful for launching new initiatives. The company's success in introducing new recipes is one of the best indicators of this belief.

The primary advantage of the centralized supply chain approach is that all stores will utilize the same materials and, more significantly, the same equipment. Due to the domestic supply chain, the company was certain that the enhanced recipe would be effectively deployed nationwide, as each store was guaranteed to receive the same set of components, including the sweet sauce, which constituted the most significant improvement (Bell, Andrews, & Shelman, 2013).

In the meantime, the adoption of the new recipe presented the supply chain with additional obstacles that could not have been overcome without a centralized framework. As long as the release of the new pizza flavor coincided with the two busiest events in the United States — New Year's Eve and the Super Bowl — the business received a substantial premium. The integrated supply chain service allowed the company to provide consistent and fast delivery service, allowing retailers to fulfill all requests throughout this busy season.

It is plausible to imagine that Domino's would not be able to meet these hurdles if their stores were poorly connected to the delivery service or if they obtained their products from several vendors.

Adapting Domestic Supply Chain to Global Operations

The effectiveness of Domino's domestic supply chain approach appears to be beyond dispute. In the interim, its application to overseas markets may prove to be somewhat hard.

Prior to anything else, it must be noted that many parts of the centralized model have already been adopted in international operations. Thus, the bulk of foreign retailers use corporate computer systems for order and delivery management (Eastham, Sharples, & Ball, 2007).

The most challenging aspect of executing a domestic model in a foreign market is the tiny difference between the local and international franchise requirements. Thus, international master franchisees have greater freedom in selecting an ingredient source. It is necessitated by the need to accommodate the characteristics of the local market and the inability of using U.S. delivery services internationally.

The relevant freedom of the international components poses no threat to the service's cost-effectiveness. Domino's supply network in India, for example, was created exclusively for this region. Local managers discovered a trustworthy and inexpensive supplier in Jalandhar, allowing them to maintain both quality service and reasonable rates (Ray, 2010).

Moreover, overseas menu standards are less stringent than those in the domestic market. Consequently, international franchise permits the addition of additional products to fulfill local desires, although a specific list of Domino's items is required.

If one decides to change the supply conditions for the international components, one will subsequently have to change the share terms, which is dangerous given that there is no assurance that the domestic model would be implemented successfully on overseas markets.

Reference

Bell, D. E., P. Andrews, and M. Shelman (2013). Domino's Pizza. [Lecture]. Harvard Business School Publishing, located in Boston, Massachusetts

J. Eastham, L. Sharples, and S. Ball (2007). Food Supply Chain Administration. Routledge is based in New York.

Ray, R. (2010). Supply Chain Management in the Retail Industry. New Delhi, India: Tata McGraw-Hill Education.

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Performance Management And Strategic Planning Free College Essay Help

Executive synopsis

The purpose of this research is to determine how the performance management process and the relationship between performance management and strategic planning might be enhanced.

To achieve this purpose, twenty study participants from ten New York-based companies will be chosen. For data collection, questionnaires will be administered, and content analysis will be utilized for data analysis.

Introduction

Background material

Strategic planning and performance management are two of the most important factors in the contemporary business environment, as they are utilized to influence the direction of organizational activities and maximize shareholder value. Researchers have characterized strategic planning as an organizational process that entails identifying the business's strategy and deciding how to allocate the necessary resources to accomplish that objective (Poister & Streib 2005).

In contrast, performance management refers to a collaborative effort between managers of all levels and employees to plan, monitor, and evaluate an employee's job objectives and overall contributions to the organization.

The background of each of the two principles explains why they are essential to the success of the organization. Additionally, as has been stated throughout study, the two concepts are frequently intertwined (Aguinis 2009). Typically, corporate objectives are defined as part of the strategic planning procedure and assigned to individual employees via cascading. This process typically involves the employee setting goals and objectives, which occurs during the performance planning phase of performance management (Poister & Streib 2005).

The relationship between strategic planning and performance management has been deemed crucial due to the variety of advantages it provides to a firm. For instance, it results in the alignment of the company's objectives with those of the personnel. Moreover, the relationship frequently enables employees to comprehend how their own objectives contribute to a larger objective. In essence, the relationship frequently imparts significance to labor (Bryson 2011).

Problem statement

As essential success factors, managers should focus on enhancing performance management and the aforementioned link. In order to assist a company in achieving its mission, decision-makers should investigate the numerous innovative approaches to this problem (Poister & Streib 2005). Despite the fact that this is the case, businesses throughout the globe have demonstrated that selecting the most effective means of achieving this improvement is a significant difficulty.

In light of the dearth of contemporary research in the field, the situation has worsened even further. Many researchers have become increasingly interested in the performance management process and strategic planning. However, few studies have focused on how to improve the performance management process and the current link between the process and strategic planning, despite the fact that these are two crucial factors that influence the direction of corporate organizations.

The central emphasis of the study

This study aims to establish methods for enhancing the performance management process, as well as the connection between performance management and strategic planning. To achieve this specific purpose, it is necessary to establish a set of study questions. The following are the primary research questions that this project will strive to investigate or answer.

How can an organization enhance its performance management procedure? How can the relationship between performance management and strategic planning be strengthened?

Importance of the research

It is essential to perform this research since it will significantly advance the subject of management. The practice of performance management and the connection between performance management and strategic performance are among the most important success factors. Enhanced performance management typically results in increased levels of employee enthusiasm and commitment. On the other hand, as performance management is one of the core processes of strategic planning, it follows that strengthening the connection will result in improved strategic outcomes.

In the event that the current study is successfully concluded, businesses will be provided with information on how to enhance their performance management approaches and their connection to strategic planning, so achieving greater efficiency and effectiveness. In addition, the researcher will assist in bridging existing gaps in the field of management, particularly with relation to the phenomena under investigation.

Literature Review

Typically, the performance management process in an organization entails a set of activities ranging from the identification and prioritization of goals to the implementation of necessary improvements. The approach focuses mostly on the overall performance of a certain unit. Armstrong and Baron (2000) stated that a considerable deal of importance must be placed on the many activities that comprise the process for an organization to effectively achieve its objectives.

Despite the fact that the processes involved in the process differ from organization to organization, a common characteristic is that tasks with a higher priority receive extra attention. In his study, Otley (2001) tried to determine why firms' performance management processes involve varying steps. According to the study, the requirements of a company and the form of management working are the most important determinants. Armstrong and Baron (2005) also reported that while some firms utilize consultants, others hire their own internal specialists who subsequently engage in performance management process-focused activities.

Rummler and Brache (2012) investigated the many characteristics of the performance management process in their study. The study determined that one of the most important characteristics is that the process is continuous, given that it is frequently performed throughout the year. Use of rankings and ratings is an additional basic attribute. In order to conduct evaluations, distinct activities are ranked and rated repeatedly throughout the process.

This is what Armstrong and Baron (2000) consider to be work-related behaviors when employees express their reactions while executing assigned duties. Depending on the organizational work environment, employees may express dedication and contentment, among other responses. Nielsen and Ejler (2008) also described performance management as a collaborative activity. The process often entails various parties engaging in regular meetings regarding, among other things, accountability, responsibilities, performance evaluation, and standard performance expectations (Nielseen & Ejler 2008).

Improving the process of process management

Given the importance of the performance management process, a multitude of academics have performed studies to determine how the process might be enhanced. In a study conducted by Folan and Browne (2005), the researchers analyzed the significance of allowing employees to evaluate themselves as a means of enhancing the process. Folan and Browne (2005) discovered via their research that obtaining people's comments on their performance has the ability to open up lines of communication and make it simple for managers to debate the differences in perceptions and opinions among employees' own assessments.

In a separate study by Moynihan (2008), it was determined that gathering information from multiple sources could be optimal for enhancing the process. Instead of seeking feedback and comments from the direct supervisor, it was determined that asking individuals who contact with the employees to evaluate their performance could result in significant process improvements. Moynihan (2008) suggested that managers use customers, coworkers, team members, or anybody else who routinely contacts with employees to evaluate their strengths and limitations.

Aguinis (2009) stated that aiding employees in comprehending the relationship between their performance and the organization's broader vision is crucial. According to the findings of his study, an employee's sense of purpose in his or her work can be increased by allowing him or her to see the big picture, continually reminding him or her of the company's mission, and demonstrating how their contributions contribute to achieving the business's strategies and goals. Therefore, the individual is likely to perform well at work.

Improving the relationship between strategic planning and performance management

According to Poister and Streib (2005), the post-evaluation of strategic plans, together with budget plans, is one of the fundamental components of a strong strategic planning and performance management system. On the one hand, evaluation results typically aid in analyzing the success of an organization's efforts. Consequently, reviews frequently provide crucial information regarding the performance of people and the firm as a whole.

Tapinos, Dyson, and Meadows (2005) added to this context that periodic evaluation of a strategic plan is undertaken and the results of the process are then incorporated into future planning activities. According to Bryson (2011), a set of issues must be taken into account given that sound evaluation improves the link between strategic planning and performance management.

The presence of data collection and recording devices is paramount. Moynihan (2005) recognized a collection of performance indicators as one of the most important aspects of a sound review process. According to Analoui (2007), such indicators could be a useful and acceptable assessment tool for organizational capacity. As a guideline, the same indicators must be used as in the planning activities.

This, in turn, facilitates comparisons. A additional consideration is the evaluator and whether the evaluation is conducted internally or externally (Hill & Jones 2007). In addition, the intended use of the evaluation report's material is crucial. In order to enhance the connection, it is essential that the knowledge gathered during evaluation operations be included into future planning efforts (Pollitt 2006). This contributes to the enhancement of productivity.

Planned methodology

Research methodology and design

A qualitative strategy will be implemented. Kumar and Phrommathed (2005) described qualitative research as the process of examining topics, comprehending given phenomena, and answering questions through analyzing and making sense of unstructured data. Given the nature of the topic being investigated, an exploratory survey was conducted. Typically, an exploratory survey is conducted when a specific problem is not well-defined. Typically, such a survey helps a researcher acquaint himself or herself with the problem at hand and then produce testable hypotheses.

The purpose of this study is to determine what should be done to improve the organization's performance management system and the relationship between performance management and strategic planning. In order to answer this research question, an exploratory research strategy is required.

Research Environment

The research was performed in New York. The city is renowned for housing some of the world's most successful and aggressive organizations in terms of managerial qualities. Google, Pricewaterhouse Coopers, and Deloitte are examples of these organizations. Typically, the majority of the world's leading organizations have their strength ingrained in their management strategies. In light of this, and taking into account the purpose of the study, a study of New York organizations is likely to yield optimal results.

Examine population and sampling

Patton (2005) defined a population as all elements that satisfy the predefined sample inclusion criteria for a particular study. The study sample will consist of managers from several New York-based firms. From ten organizations, an appropriate sample of 20 subjects will be selected. This means that two managers will represent each organization. Typically, using a random sampling technique is required when selecting this particular sample.

A random sample is a technique in which people are selected at random from a larger group. According to Peffers, Tuunanen, Rothenberger, and Chatterjee (2007), in this method, each subject is selected fully at random, and each member of the wider population has an equal chance of being chosen. There are numerous managers in every firm, who frequently participate in performance management and strategy planning.

Considering that each organization must select two managers, this sample technique was necessary. However, before picking the sample, the researcher will approach the target companies and request permission to select a sample and conduct study utilizing them. It will be necessary for the researcher to describe the specifics of the research, including the intended purpose and how the successful completion of the project will benefit the audience.

Sampling standards

The selection of a sample will be based on a particular criterion, namely that the individual selected must be performing management functions. Therefore, active participation in organizational activities such as performance management and strategic planning is required. The achievement of the study's objectives would be hampered by the recruitment of individuals who lacked expertise in these areas.

Data gathering

As was previously determined, an exploratory survey will be conducted. This indicates that the researcher will be required to collect both primary and secondary data. Primary data is information that is frequently gathered from direct experience. In contrast, secondary data refer to material acquired and recorded during a previous study session. On the one hand, questionnaires will be administered to research participants to collect primary data. On the other hand, secondary data will be derived from the outcomes of relevant prior research investigations. Such information will be required since it will aid in getting insights and inferences, which in turn will aid in efficiently resolving the underlying issue.

Data gathering apparatus

Concerning data gathering, a questionnaire will be employed. Marczyk, DeMatteo, and Festinger (2005) described a questionnaire as a printed self-report that has been created to collect information from the subjects of a study through their written responses. Using questionnaires, perspectives of study participants regarding performance management enhancement strategies and the relationship between the concept and strategic planning will be examined. Given the variety of benefits questionnaires offer to researchers, it has been determined to utilize them.

Among these is the questionnaire, which requires a high response rate because it is frequently delivered to respondents and then collected personally by the researcher. In addition to requiring less time and effort to administer, they also provide a high level of anonymity, as the respondent can choose not to provide his or her name. Despite this, there are a number of obstacles that the researcher must overcome when utilizing questionnaires. The most significant of them is that the opinions of the subjects may not accurately reflect their genuine beliefs. There is a probability that their responses to the questions will appeal to the researcher.

The questionnaires shall include:

Strategic Planning At The Chronicle Gazette Free College Essay Help

Introduction

One need only look around to observe how drastically the world has changed over the past several decades. What was significant at the end of the twentieth century is no longer utilized by modern humans due to the availability of more easy, affordable, and effective alternatives. As a result of the profound digitalization of society, the lifestyles of billions of people are undergoing dramatic changes today. Without a question, this type of shift has had a substantial effect on all aspects of society. By neglecting the industries with the most rapid growth, the author focuses on the newspaper industry.

In spite of the widespread use of electronic information resources, newspapers continue to be published, although it is impossible to ignore the fact that their circulation has sharply declined. It is quite improbable that the newspaper industry will cease to exist as a phenomena in the next decades, despite the fact that the necessary conditions are present. Unquestionably, traditional print media, read by subway riders, by families at breakfast, and by individuals in the park, is gradually losing its relevance, with the most innovative newspapers striving to follow the patterns of a changing society. It is important to note that this is made feasible by meticulous strategic planning.

Enterprises utilize strategic planning to sustain their relevance and competitiveness throughout the projected term. Roosevelt and Kennedy's contemporaries seldom expected that in more than half a century, everyday human existence would experience such drastic transformations. Marketing, political, and business specialists with appropriate knowledge and skill may anticipate what will stay relevant in the coming years and what should be abandoned immediately. Strategic planning identifies what an organization must do in the present to attain its desired goals in the future, given that the environment and the organization will change. The application of strategic planning theory to the print newspaper industry is the primary focus of this article. Particularly, the sections that follow will analyze in depth the trends in conventional media, the reasons for the dramatic loss in popularity, and the efforts that must be taken to ensure the Chronicle Gazette remains relevant.

The Present Condition of the Newspaper Industry

The globalization of society and the extensive digitalization of many aspects of life have had a significant impact on the newspaper industry. This section will explain what happens to printed periodicals in the modern world. Nonetheless, it is of the utmost importance to establish how much the newspaper's substance has altered. Commanders and kings published official news on papyrus for the aristocratic community prior to the common era, when the earliest gazette print media likely developed. These “newspapers” were immensely valuable due to their exceedingly limited distribution. Two millennia later, the value of the newspaper, as well as the concept, remained largely the same: with a few sheets of paper, readers are informed of what is happening in the world. Obviously, the modern individual has more possibilities to obtain more timely and reliable information.

To judge the nature of the changes taking place in traditional print media, one must look to data and numbers. Thus, the key factors for gauging the performance and attractiveness of periodicals are their circulation, advertising revenue, and the number of professionals employed in this field. It is sufficient to consult Barthel (2019) to realize that newspapers have been in dire straits in recent years. Specifically, as seen in Figure 1, there has been a decline in the circulation of weekday newspapers over the past eighty years. In percentage terms, this indicates that their circulation has declined by more than 35% over the past decade. It must be acknowledged that this tendency is not periodic, since newspaper circulation has been steadily falling every year since the proliferation of Internet technologies.

Figure 1. Daily newspaper circulation in the United States (Barthel 2019)

On the other hand, it is undeniable that conventional media are supported by advertisements. In order to generate such a profit, the advertiser pays a fee for the publication of a column containing advertising material that the reader consumes. This looks to be a situation in which all parties benefit: the business receives advertising, the newspaper receives revenue, and the reader receives opportunities. Despite this, advertisers have begun to invest less in newspapers as a result of a discernible decline in circulation, including a decline in the number of readers. According to Barthel, total revenue from print advertising decreased by 13 percent between 2018 and 2017. (Figure 2). This might be taken as a 13 percent deficiency in this industry over the past two years, which has surely had an effect on its growth.

Figure 2: Total newspaper revenue in the U.S. (Barthel 2019)

The quantity of people hired in a specific industry is an equally significant indicator of its performance. It is hardly surprising that the newspaper industry exhibits negative trends in this regard. Between 2004 and 2020, the number of workers in the newspaper industry decreased by more than 50 percent, from 71,640 to 37,900, according to data cited by Barthel (Figure 3). Comparatively, television broadcasting experienced an upward tendency in employment between 2015 and 2020, with the total number of employees surpassing 125,000 in 2020. (Ibis World 2020). It is not difficult to conclude, based on the aforementioned three factors, that the gazette industry is currently undergoing a significant drop in popularity. If these tendencies persist or perhaps intensify, the entire newspaper industry faces a grave crisis risk. Thus, it is possible that the gazettes, which are not regularly cited, will cease to exist within the next several years.

Figure 3. Number of newsroom staff in the newspaper industry as a whole (Barthel 2019).

Situation Regarding Industry Leaders

Despite the magnitude and variety of economic and political benefits that large publishers might enjoy, the circulation and profitability of print newspapers have declined in recent years. According to Watson (2020), between 2017 and 2019, the number of copies printed for the most prominent newspapers, such as USA Today, The Wall Street Journal, and The New York Times, decreased significantly. Chicago Tribune inflicted the biggest damage: throughout the reporting period, the company decreased its circulation by more than 200,000 copies. According to The New York Times, one of the most widely read publications, the situation is not improving. The newspaper's circulation has decreased by more than 60 percent over the past two decades, to 443,000 copies in 2019. As can be observed from the preceding statistics, the leaders of this industry are also experiencing a fall in popularity; as a result, huge corporations place a premium on the transfer of information to its digital equivalent.

Causes of the Sudden Drop in Circulation

Evaluation from the Outside Technological Forces

There is little doubt that the technological revolution of the past few decades has had a profound impact on the newspaper industry. Daily, individuals choose digital media for a variety of reasons. Primarily, material provided on websites or social media platforms is more current. It took a few minutes for the public to learn about the chemical explosion in Beirut, but media were unable to publish the news for hours. The digital analogues of gazettes, however, are more user-friendly. In order to locate the appropriate content, the user must input keywords into the search box and then choose what interests them. In the case of conventional newspapers, the purchaser would go to the kiosk and search for publications covering the specified topic. Lastly, the format of paper gazettes is inconvenient since the pages are excessively huge and the text cannot be altered. Standard newspapers were printed on enormous paper canvases, making it difficult for buyers to read them. In contrast, tracking information with a smartphone, tablet, or laptop solves the concerns of adaptability and minimalism. These three technological drivers are responsible for the rapid decrease of printed newspapers and digital media.

Economic Forces

Economic forces contribute significantly to the general fall in print media circulation and profitability. It is important to recognize that traditionally, a newspaper is purchased by individuals who wish to spend their spare time learning new knowledge or distracting themselves from their surroundings; in other words, newspaper reading is a type of entertainment. Nonetheless, all forms of entertainment need payment, and according to Benton (2019), the price of a newspaper copy has more than doubled since 2010. Nevertheless, if Desilver (2018) is to be believed, for the same time period, the majority of Americans' salaries remained the same, adjusting for inflation. In other words, half of Americans lack the financial means to purchase a newspaper and hence prefer to utilize free periodicals, even digital ones.

The digital newspaper market is inversely related to the print newspaper market: the lower the circulation of traditional newspapers, the greater the readability of digital newspapers. This indicates that the public intentionally chooses to absorb information in the form of textual or audiovisual formats on websites; consequently, publishers elect to invest more resources in these industries than in traditional paper newspapers. It should be remembered that unemployment rates have an effect on the sector's growth. In the first two quarters of 2020, there was a significant increase in the unemployment rate, which has the potential to diminish the government's GDP and prevent it from meeting its output target (Trading Economics 2020). In other words, it indicates that the high unemployment rate in the country will have a negative influence on the purchasing power of consumers, resulting in a decrease in circulation.

Environmental Forces

In recent years, the public has become increasingly aware of the movement toward a more conscientious use of resources and the removal of the unjustifiable use of natural materials. Traditional paper periodicals are composed of wood fibers, synthetic paint, and ink. Clearly, the disposal of such waste demands care, which unethical recycling companies fail to provide. Therefore, many environmental activists advocate for the replacement of newspapers by digital media. This appears to be the main force behind the negative dynamics of newspaper circulation, given that a more resource-conscious segment of the population is more conscientious of resource consumption.

Internal Review Staff Reduction

In the preceding section, it was said that in recent decades there has been a discernible decline in staff numbers. Without focusing on the economic causes of this phenomena, it is important to mention that the decrease in the number of professionals employed in the print media business has a direct impact on the circulation of newspapers. It is important to note that the development of newspaper series is a multifaceted and intricate procedure involving multiple departments. Specifically, it is the job of the Printing, Marketing, Analytics, Courier, and Management Departments to produce a profitable newspaper. Unquestionably, downsizing can result in a loss in personnel diversity, which has the potential to cause a failure to achieve the production schedule. In other words, employees will not be able to generate as many copies as they did when the staff was larger.

Decreased Investment and Client Interest

It should be clarified, while discussing the relationship between the decline in print newspaper circulation and the increase in advertising spending, that this cause-and-effect process is reciprocal. Consequently, due to external circumstances, the circulation of the gazettes is diminishing, and businesses refuse to place ads. In contrast, due to the refusal to advertise, newspaper circulation is declining. Advertisers understand that the printing of advertising proposals within the columns of paper gazettes is relatively antiquated and, as a result, unlikely to result in commercial success for a product. In order to remain operating, publishing bureaus opt to restrict the amount of printed copies when they receive less funding for development.

In contrast, the majority of clients no longer use newspapers to obtain fresh information. According to a social poll done by Arntfield (2018), there is a discernible trend among readers to lessen their reliance on print newspapers as sources of information, including advertisements. This fact can be taken in a variety of ways: the public no longer requires newspapers, and the apparent response from the bureau could be a decrease in circulation.

Alteration of the Organizational Structure

The most evident reason for the company's decision to cut the quantity of newspaper copies sent is a shift in the way information is submitted. The majority of contemporary and promising publishing organizations are well conscious of the loss risk associated with a lack of strategic planning. The solution to this issue is to realign activities around the provision of digital material. The Office adopts this route for a number of reasons, including lower printing costs, the continuous relevance of the published information, and the ability to modify and update the content. In conclusion, the circulation of printed newspapers declines when the Office changes the vector of its own activity.

Weaknesses and Strengths of Print Gazettes

The assessment of the pros and cons of the format of printed newspapers begins with a description of the characteristics of this mode of content transfer. Noting that the newspaper's purpose is to disseminate information about events and news, as well as analytical reviews and expert opinions, is important. The newspaper is often delivered to the recipient's mailbox on a daily, weekly, or monthly basis. The principal benefits of this format are as follows:

Newspapers provide the opportunity to study analytical information after the fact; provide a choice of what to read and in what order; add entourage to the reader, it is perceived as a reliable product; no danger of theft or loss; they can be used practically anywhere, even in places with no network; can be used as a model for collections; are accessible to all, as they are relatively inexpensive and there are even free versions. The newspaper's messages and advertisements do not appear invasive.

In contrast, newspapers also have a number of serious flaws. They are as follows:

Newspapers are ephemeral; traditionally, they do not cater to a young readership; they provide limited information; they are late; and their writing is not targeted. limited printing capabilities; home delivery challenges.

Techniques Employed by Publishing Houses

First, it should be expected that the majority of organizations involved in printed correspondence are aware of the need for organizational adjustments. Extensive research into the procedures employed by publishing houses revealed that all major publications are deciding to convert to digital broadcasting, although their methods vary. The Wall Street Journal has decided to retain print newspapers as a destination but has significantly altered the newspaper's layout (Alpert 2016). The thickness of paper has decreased, as have the number of pages and adverts. To maintain

Corporate Governance Concepts Free College Essay Help

Table of Contents
The 1929 Wall Street Crash Continual failure of major corporations Protection against investor Company fraud Investment fraud Need for equal treatment Governance of corporations in the United States Works Cited

For an investor to have faith in a firm, there must be assurance that the company has been or will be managed in a manner that is not only honest and conscientious in appearance, but also operates accordingly. Due to the importance of these variables to any investor, it is vital for a corporation to exercise excellent corporate governance. In the majority of the world's nations, corporate governance is committed solely to the following parties:

Directors of operations Managers who are specialists

Before an investor invests in a firm so that they can invest returns for him, it is crucial that he conducts step-by-step due diligence on the entity's style of governance. This is always reflected directly in the company's market share prices that are traded on the stock exchange. This is the case because no investor will be willing to incur financial suicide by funding a company with equity unless he is more than assured that he will receive reasonable returns on his investments (T. Horngren, Gary L. and S.William O. S 163).

Corporate governance has been practiced from time immemorial, although the issue of governance only gained prominence in the twenty-first century. This was precipitated by the 1929 Wall Street Crash. Numerous academics initiated research on the functions of modern corporations in society. Other researchers presented the concept of why businesses are founded and how they continue to run (Ronald Coase). Enique Fame and Michael Jeuseu introduced the concept of ownership and control separation, which is the agency theory. According to an essay by horch and maclever, many huge firms have dominant control over their corporate affairs, but their boards do not hold them accountable or supervise them.

Since the beginning of the 1970s, corporate governance has been of critical concern worldwide. This has led to the need for substantial research to overhaul corporate governance. This is primarily due to the following factors:

The desire of shareholders to exercise corporate ownership

The shareholders are the proprietors of any corporation; they must maintain ongoing oversight over its operations.

Increase in their wealth due to the appreciation of their shares

The management must continuously increase the organization's par value. This is achieved by enhancing the corporate image of the organization.

As a means of demonstrating that corporate value would not be destroyed, a rare occurrence in the United States in the 1990s, corporate governance received widespread publicity as a result of the dismissal of chief executive officers of corporations with poor corporate governance, thereby setting a precedent for the involvement of shareholders in the running of corporate affairs (Damodaran, A. 81).

In 1997, large economies such as South Korea saw a series of property asset collapses, which resulted in the departure of foreign capital investors. The absence of corporate governance contributed significantly to the flight of investors and, as a result, weakened the economy's institutions.

Early in the year 2000, catastrophic bankruptcies of major firms such as Enron and WorldCom piqued the interest of both shareholders and the government. These factors contributed to the 2002 passage of the Sarbanes-Oxley Act. This resulted in a significant recovery of the stock market from the inefficiencies it had experienced before to the implementation of the Act.

Corporate governance is the structure and mechanisms for directing and controlling a corporation.

Additionally, it is defined as;

"A branch of economics that investigates ways to assure and motivate the efficient administration of organizations through the use of incentive mechanisms such as contracts, organizational designs, and the law. It is confined to increasing financial performance, such as how corporate owners can ensure and inspire corporate managers to provide a competitive rate of return.

Corporate governance encompasses all concerns pertaining to the management of the corporation by the board of directors, the control of shareholders, and all other interested parties. Good corporate governance is a crucial element of an organization's sustainable economic development since it improves performance and increases the likelihood of gaining access to external resources (Lajoux, Alexandra Reed and J. Fred Weston, 118). This includes both equity and debt.

The problems that prompted corporate governance. The issues that lead to corporate governance, i.e., the accountable and transparent management of corporations, are described in detail below.

The 1929 Wall Street Crash

Beginning on October 24, 1929, these occurrences occurred constantly for one month. Wall Street was the major financial center in the globe, and the new yolk city was a metropolitan. In North America, the 1920s were a moment of cultural, social, and creative vitality. The public felt that the market could support astronomical levels of values for the assets traded there. The share prices of the New York Stock Exchange [NYSE] crashed on Thursday, October 24, 1929, often known as "black Thursday," when the share prices began plunging and continued falling at an unparalleled rate for the next month. In order to reduce the impact of earnings meltdown, particularly on the major stock markets, it became imperative to set certain guidelines to prevent any future stock market collapse (Bavly, Dan and Roger B. Porter., 54). Beneficial counsel for government regulators and accountants.

Continual failure of major corporations

Due to numerous firms failing in the recent past and investors losing money, the government was compelled to generate a great deal of interest that corporations adhere to a predetermined set of regulations that will assist investors in making educated investment decisions (.

Investors' security

There has been a demand for accurate and trustworthy disclosures. The investors were not originally shielded from any misinformation that could have come from management's financial statement and disclosure misstatements. This makes it difficult to gain exact insight into the processes of company choices. Due to the fact that corporations may conceal crucial information from the public in order to entice people to invest in the company, it was imperative that the financial statements and disclosures contain the bare minimum of information.

Corporate dishonesty

This occurs when a company deletes information in order to appear more successful than it actually is. It was necessary to offer disclosures due to the prevalence of corporate fraud. Firms should provide accounting disclosures that include. After the corporate governance laws were enacted, any misrepresentation might be punished by the law.

Investment fraud

These primarily transpired as follows:

Due to the client's ties to the organization, the firm may present him with a non-profitable investment offer. This results in monetary loss. The advisor may advise the client to continue investing in a risky enterprise despite his or her awareness of the initiative's apparent risk. Biased investment choice – the advisor may be biased against a certain company or in favor of a company and may therefore provide biased investment advice.

Need for equal treatment

To promote fair trade among corporations, there was a need for a systematic and uniform method of presenting corporations' information that would be seen as a level playing field for all corporations in a given market. This was designed to avoid gaining an undue edge over companies that presented misread financial accounts or statements with skewed facts (HKICPA)

B) A COMPARISON AND CONTRAST OF THE OECD/ICGN FRAMEWORK FOR CORPORATE GOVERNANCE AND CORPORATE GOVERNANCE IN THE U.S.

International governance network located in England and Wales, abbreviated as ICGN. It was founded for the primary purpose of developing education globally for the public good through research and development, as well as supporting corporate governance norms and principles.

The ICGA's structures are:

Offer package legal responsibility and ownership quality and inspection The ICGN proposed an external independent auditor who will ensure the accuracy and quality of financial statements to sustain capital market efficiency. Auditors are responsible for standardizing business accounting and maintaining discipline over the long term, so boosting investor confidence (Davis, R., 21, 76). The auditor instills a sense of confidence and steadiness. Among the roles of auditors were:

Trustees' liability Property restrictions Quality Control Inspections

Committee of directors

The board serves the interests of all shareholders, should be answerable to the entire shareholders body, and should be regularly up for election.

Each corporation's annual report should include a list of all board members and include supporting documentation, such as biographies.

Identities Core competences Other professional competencies

This allows investors to evaluate if they will bring value to the company.

The board should consist of persons with significant competitive

Shareholders returns

Corporate governance practices should prioritize maximizing shareholders' returns throughout time (Lajoux, Alexandra Reed and J. Fred Weston 43)

Accounts

The corporation should give accurate, sufficient, and timely information to investors so that they can make educated decisions that are not influenced by misinterpretation.

The Organization for Economic Co-operation and Development (OECD) is an international organization comprised of thirty countries that recognize representative democracy and a free market economy as fundamental principles. In 1961, it was renamed from the Organization for European Economic Co-operation (OEEC) to the Organization for Economic Co-operation and Development (OECD) due to the expansion of its membership to non-European nations following World War II.

The organization provides a setting in which nations can compare their policies, seek solutions to their issues, identify best practices, and coordinate their domestic and foreign policies. The OECD encompasses economic, environmental, and social concerns (IASC Foundation 2).

Governance of businesses in the United States

These were mandated by the Sarbanes-Oxley Act of 2002, sometimes known as Sox, in response to the Enron scandal. Sox differs from other organizations like OECD in that compliance with the rules is mandatory.

The key sections of the Sarbanes-Oxley Act are 302, 404, and 409.

The section 302 provisions are as follows:

In each quarterly and annual report of a corporation filled by issuer, an insurance principal, executive officer, or anyone fulfilling a similar duty must certify that the following statement is true:

He examined the report. That, to the best of our knowledge, the report contains no misrepresentations and that the financial situations depicted are accurate.

The corporation or issuer submitting the report must include controls and procedures. This enables the financial officers to certify the statements and ensures the presentation of correct and comprehensive information about security holders.

Sources Cited

Charles T. Horngren, S. and Gary L.

Introduction to Management Accounting by William O. S. New York, Prentice Hall, p147-153, 2002

Investment Valuation: Methods for Determining the Worth of Any Asset, by A. Damodaran. Page 487-490 in John Willey (2002)

What You Need to Know Before Investing, by R. Davis. 2003, Barron's Educational Series, page 107-108

Framework for the Preparation and Presentation of Financial Statements, issued by the Hong Kong Institute of Certified Public Accountants in 2007 (Online). Web.

Technical Summary, Framework for the Preparation and Presentation of Financial Statements, IASC Foundation, 2008. (Online). Web.

Alexandra Reed Lajoux and J. Fred Weston The Art of M&A Financing and Refinancing: Sources and Instruments for Growth, McGraw-Hill, 1999.

Sternberg, "The Defects of Stakeholder Theory," Vol. 5 No. 1 of Corporate Governance, 1997.

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The U.S. Brewing Industry Research Free College Essay Help

Table of Contents
Industry Overview Advertising Strategies Conclusion Works Cited

The brewing industry in the United States dates back four centuries to the founding of New Amsterdam's colonies. During this time of development, numerous factors contributed to the growth of the sector, while others stayed virtually unchanged. In a business perspective, the brewing sector altered significantly due to the dynamic nature of the surrounding environment. In this sense, government regulation can be highlighted as a significant influence in determining the external environment within which the industry functions. In reaction to this influence, the industry implemented new pricing methods, marketing campaigns, and other commercial initiatives. Thus, this article will attempt to provide an overview of the United States brewing sector and the various techniques employed by breweries.

A summary of the industry

The brewing sector in the United States is comprised of more than 1700 breweries that generate a combined yearly revenue of $20 billion. Miller Coors, Anheuser-Busch InBev, and Pabst are included in the list of corporations in this sector. Analyzing the industry, it can be claimed that the profit margin of particular enterprises may be affected by a number of factors, including distribution techniques, marketing strategies, and others. Large enterprises in this industry have a competitive advantage over their smaller rivals in terms of production, economies of scale, marketing, and sway over distributors and suppliers.

Malt beverages, particularly beer and ale, are the primary products that the brewing sector centers around. These items are typically packaged in bottles, cans, and gallons (barrels). Cans and ale case products account for around 50% of the industry's sales, compared to 40% for bottles and barrels and 6% for keg and beer (Murray 443). The remainder comes from beers like porter and stout.

Mergers are prevalent in the brewing business, which enables breweries to enjoy economies of scale and thus improve their financial performance. For instance, the Anheuser-InBev merger has considerably aided both corporations in expanding their geographic reach, making the united entity a market leader on a global scale. Due to improved asset rankings, mergers attract better sources of investment from banks and other credit institutions (Clerides 409). Additionally, this sort of consolidation benefits not only the corporations, but also the leading financial institutions, whose investments in the merger have generated attractive returns. All of these factors contribute significantly to the nation's overall economy.

Strategies

Companies in the brewing sector employ many tactics, the majority of which strive to increase their market share. The differentiation of products is one of the strategies. To suit the needs and tastes of clients, many businesses offer a variety of goods. Even within a single product line, differentiation may manifest in packaging colors, flavors, ingredients, production methods, and even recipes. The product variation strategy is typically employed in an environment characterized by severe competition, i.e., in industries where there is no clear market share leader.

Different brewers might use pricing tactics to improve market share, capitalize on opportunities, and avoid environmental risks. Typically, businesses sell their items to wholesalers, who then resale them to retailers. Brewing businesses typically establish the wholesale rates, with prices altering depending to factors such as distribution area and market demand. The responsibility of wholesalers and distributors is to ensure a timely and adequate supply of the goods (Clerides 418). Initially, the product comprises a minor fraction of the consumer price, whereas labor and production costs account for approximately 20% of the overall consumer price. In the brewing industry, the profit margin is only 4.2%, while tax and shipping expenditures account for around 18% of the entire price. Imported and ultra-premium items have comparatively high pricing, whereas malt liquor and inexpensive beer have the lowest prices. Beer prices rise when consumer demand grows, and vice versa. In this regard, the price of imported beer fluctuates based on share gains, but the price of liquor and ice beer fluctuates based on share losses.

Product appearance and quality play a significant effect in determining price. Due to the notion among consumers that premium beer is of greater quality, the brand's pricing are higher. In 1972, the cost of producing a 12-ounce container of premium Budweiser was less than a half penny, but the price of a Budweiser container was 15 cents more. According to blind tasting studies, consumers cannot distinguish between national and regional domestic beer brands, nor can they identify their favored brands. According to a 2001 consumer research, some products are inconsistent across critics, with popular names typically outperforming premium-priced brands (Arvidsson 242). Such evidence may indicate how consumers who are uncertain about a product's quality utilize price as a proxy for quality. People have a tendency to believe that expensive goods are of higher quality and vice versa. Consequently, enterprises' pricing actions may impact consumers' perceptions of product quality.

Mixed pricing is another method that can be seen. Typically, enterprises that establish their premium price, discount price, and price setting in relation to the prices set by competition employ this method. Mixed pricing may explain how firms establish prices in response to demand and competition (Pluta 'a' 32). An example of such a strategy is premium brands altering their prices in order to influence client loyalty to popularly priced products. Consequently, a short price reduction of a premium brand may attract people away from popularly priced products.

A leader in the brewing sector, Anheuser-Busch, triggered the mixed pricing strategy by making short-term concessions on its premium Budweiser brand. Such a tactic prompted rivals to reevaluate their pricing strategies and is typically viewed as a factor that increases competitiveness in the sector (Clerides 403). The quick change in prices is a significant aspect in the effectiveness of a mixed strategy. However, random discounts may frequently suggest substandard items, tarnishing the brand's reputation and removing the product from the premium-priced category. In the early 1970s, Coors refused to reduce its prices on the grounds that doing so would harm its image.

A trigger strategy might be implemented in market categories when companies offer identical products. In an imperfectly competitive market with uniform items and price competition, for instance, this strategy becomes the sole viable option. Each firm establishes a monopoly price in a given time if rival firms established the same price in the previous period. This technique supports cooperation if the benefits are sufficient to make the present value of discounted future earnings greater for cooperative behavior than for non-cooperative behavior (Arvidsson 243). Similarly, market leaders may impose this technique on competitors. Anheuser-Busch, for instance, promised to implement significant price reductions if competitors refused to participate. According to multiple reports, Anheuser-Busch is the price leader in the brewing sector. As a result of this stance, competitors that resisted the drive to raise prices (implemented by Anheuser-Busch) were penalised with price reductions.

Advertisements

Beer consumption can be connected with an unhealthy lifestyle in society; hence, many brewers must combat this association in order to maintain product demand. With so many commercials emphasizing health and attractive lifestyles, it was desirable for the brewing sector to identify their goods with a positive image. In this aspect, cognitive dissonance may have contributed to the tight relationship between beer and sports, as evidenced by the use of athletes in beer advertising. Budweiser began associating itself with sports as early as 1909, when one of its advertisements said that baseball players consume beer while training. One may say that this action added to the brand's appeal. Coors, another beer business, employed former UCLA quarterback and actor Mark Harmon as its spokesman (Arvidsson 239).

Advertising can be used as a tactic of persuasion to help people concentrate on a product. James Vicary, a market researcher, conducted experiments on movie viewers that demonstrate the impact of advertising. In the middle of a film, the phrases "EAT POPCORN" and "DRINK COCA-COLA" flashed for a fraction of a second, resulting in a claimed 58% increase in popcorn sales and an 18% increase in Coca-Cola sales. Although subsequent studies suggested that the efficiency of veiled advertising in a constrained setting is minimal, these discoveries could never be repeated. Effective advertising can generate a desire for a product. Typically, this method is employed in the premium cola industry. For Coke and Pepsi, whose tastes are mostly similar, this advertising tactic is used to produce pictures that appeal to various customers. Coke advertising depict a symbol of traditional family values, whilst Pepsi advertisements portray a more youthful and rebellious persona. This technique benefited both corporations by increasing brand loyalty and, as a result, decreasing pricing competition.

Beer firms typically employ this tactic as well, segmenting their brand images along white-collar lines via this type of advertising. In a survey conducted by Fortune, 100 beer consumers between the ages of 21 and 50 were shown photographs of 99 males and asked to match each photograph with a beer brand, such as Budweiser, Coors, or Miller High Life. The final findings revealed that Budweiser drinkers were perceived as tough, grizzled, and blue-collar. Miller drinkers had a lighter blue-collar image, whereas Coors drinkers were perceived as having a white-collar image (Pluta 'b' 129).

Although it is difficult to change the tastes of most customers, advertising can nonetheless increase demand by spreading product knowledge. This information could be used to promote product discounts and/or product features and attributes. Beer characteristics might be difficult to analyze prior to purchase; therefore, marketing can be used to clarify such information. Most American breweries employ compelling and informative techniques of advertising.

There is a possibility that persuasive beer commercials will indicate that beer prices will increase. A marginal increase in advertising results in higher equilibrium prices, which reflects the influence on price and the increase in demand for strongly advertised products. Consequently, beer marketing typically emphasize winning market share from competitors rather than expanding the market overall. For an advertisement to be effective, it must attract potential buyers' attention and persuade them to purchase the advertised goods.

The marketing success of a particular company or its competitors can have an impact. For instance, the success of Miller Lite in the middle of the 1970s rendered obsolete the marketing strategy of Coors beer, which at the time was marketed as America's finest light beer (Pluta ‘b’ 136). After more than a century of advertising that reflected the fact that Coors beer was made using pure rocky mountain spring water, the business chose to discontinue this claim and began using Virginia water at a new plant in the early 1990s to produce its beer.

Anheuser-Busch was the first corporation to make substantial investments in marketing research to determine how to grow its market share. Different brands appeal to distinct personality segments of the beer-drinking community, as demonstrated by one of the studies done. In addition, the survey found that advertising is only effective if it targets the segments who would value the advertised brand. In response to these findings, Anheuser-Busch modified their advertising strategies. These modifications allowed the corporation to improve its sales volume, while advertising expenses reduced by $3.2 per barrel (Pluta 'a' 126). After acquiring Miller in 1970, Phillip Morris introduced advanced marketing strategies to the industry. He attempted to apply strategies that were once successful in the tobacco industry's cigarette business. Morris was primarily concerned with market segmentation, targeted marketing, and image advertising. During the 1980s, this tactic exacerbated the conflict between the major brewers.

In highly competitive marketplaces, aggressive negotiating contracts have also been found to be effective techniques. The existence of these contracts between manufacturers and distributors enables the former to earn a return on general training provided to the latter, so aiding the latter in maintaining product quality. Several varieties of exclusive agreements have been utilized by brewing companies. Currently, all breweries maintain distribution contracts that specify exclusive distribution boundaries, with the exception of illegal areas. Anheuser-Busch has established a program that offers financial incentives to wholesalers who sell its brands exclusively (Pinske & Slade 631).

Commonly employed by brewers are a variety of strategies and choices, such as mixed pricing, predatory pricing, preemptive advertising, mergers, devolution techniques, etc. Consistent with game theory, these acts may result in a battle of attrition, putting future competitive pricing at risk.

Conclusion

This study offered an overview of the brewing industry and the market-winning methods employed by its participants. This report examined various pricing tactics, advertising methods, and mergers. The market for brewing in the United States is very competitive; as a result, brewing enterprises may employ diverse tactics in response to environmental changes.

Sources Cited

Arvidsson, Adam. A Critical Perspective on Brands 2005 Journal of Consumer Culture, pp. 235-258

Sofronis, Sofronis Clerides. Price Discrimination with Differentiated Products: Definition and Identification, Economic Inquiry, vol. 42, no. 4, pp. 402-412, 2004.

Brand Loyalties: Rethinking Content in Global Corporate Media, by Alexander Murray. 415-435 in Media, Culture, and Society (2005).

Pluta, Joseph (a). Industry Life Cycle Characteristics and Advertising Strategy in a Closely-Knit Oligopoly: The U.S. Brewing Industry. Southern Business and Economic Journal, 123-144 pages, 1989.

Pluta, Joseph (b). In the 1980s, mergers, dominant firms, and the American brewing industry were prevalent. Review of Business, 1984, pages 133 to 141.

Pinske, Jorn., & Slade, Mathew. Mergers, Brand Competition, and the Price of a Pint. European Economic Review, 2004. 48, 617-643.

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Remote Working In The Banking Industry: Case Study Free College Essay Help

Changing Workplace Expectations Regarding Telecommuting

Pandemic constraints resulted in rapid management and company adjustments. The formation of the new methodology was precipitated by the fast growth in demand for remote working techniques. As technological progress develops, the competitive climate of workplaces undergoes significant changes. Global advancements in communication have created new options not only for remote work but for every facet of human life. It may be vital for organizations to employ remote working techniques in order to increase labor mobility, communication efficiency, and in some instances, save costs (Nickson, 2016). However, each of these objectives is intricately tied to a variety of potential obstacles.

Working remotely may bring essential benefits for both small businesses and multinational firms. However, it is especially successful in large businesses. The benefits of remote work extend to both the employee and the employer. By utilizing remote work, it may be feasible to considerably cut costs, especially commuting expenses. The personnel are supplied with greater flexibility, which may boost their production and efficacy. Nevertheless, it may also have severe negative impacts on the personnel and the firm. For instance, the workers may have feelings of isolation and lack of communication with others. In addition, it may not always be possible to maintain high productivity and implement efficient time management from home. In addition, tremendous mistrust in management may develop, necessitating the adaptation of management strategies to fit the conditions.

Another significant issue associated with remote employment is excessive work or overtime. In most cases, higher management is concerned that allowing employees to work remotely may result in decreased production. In practice, however, the opposite is more likely to occur, as it may be impossible to set working hours when working from home. Work may become a continuous activity with no distinct time limitations. Therefore, it may be advantageous to implement specific management frameworks to prevent worker overwork and tiredness.

Even while digital technology offer several current communication alternatives, distant working practices may lack communication. In many instances, it may be easier to comprehend the work when discussing in person. However, these problems are typically caused by a lack of digital experience and diminish over time. Some employees working from home while others remain in the office may aggravate the situation. The decisions made in the office must be communicated to remote employees in a comprehensive and valuable manner. Additionally, some problems unrelated to communication may arise if distant workers feel isolated. Such obstacles may result in a substantial loss in production.

Time zone differences are a significant contributor to another communication-related issue. It may be especially pertinent in the context of multinational firms, the principal users of remote working methods. Despite the fact that these activities give important communication opportunities, time zones present a significant obstacle. There may not be a way to totally resolve the issue, but there may be ways to mitigate the damage. For instance, it may be possible to adjust workers' schedules so that their working hours overlap as much as possible. Such a move might not eradicate miscommunication, but it could offer ample time for the sharing of crucial information.

Identifying the most effective means of communication for remote work may also be crucial. Recent research indicates that email and media communication are the most effective tools for distant work (Flores, 2019). In terms of data interchange, telephone calls and audio conferencing may be less efficient, but they can provide a vital face-to-face communication experience. Instant messaging and the workplace intranet may also play an important part in remote workers' communication.

The Banking Sector

The banking industry is one of the world's largest industries. As it must meet the demand for banking services around the world, it relies heavily on technology. Technological advances may have a significant impact on the sector, and the timely deployment of developing digital technologies may provide a substantial competitive edge. Therefore, the banking industry employs technology to serve clients as quickly and cheaply as feasible. E-banking is intimately associated with one of the most recent and significant developments in the banking business. When the technology was introduced, banks attempted to apply it immediately. Another strategy that has shown to be both productive and cost-effective is remote banking. The introduction of ATMs enabled rural residents to obtain banking services without difficulty. A sector as technologically reliant as banking may profit greatly from the increasing trend of remote labor.

Even while banks are required to provide a variety of cash-related services, digital assets typically generate the majority of revenue. It may be entirely feasible to maintain digital services through remote work practices. The recent COVID-19 outbreak compelled the banking industry to reevaluate its stance on remote work and increase the number of remote banking services. The vast majority of these services have been demonstrated to be highly successful; therefore, they may thrive beyond the epidemic. Recent research indicates that remote work and flexible hours have a significant beneficial effect on job satisfaction in the banking sector (Chandra Putra et al., 2020). Moreover, it is possible that the correlation between job happiness and worker productivity is strong. It may be necessary to examine whether the deployment of remote working methods could enhance the cost-effectiveness of banking services.

Working Remotely in the Banking Industry

As was previously said, remote working practices offer numerous advantages to modern organizations and corporations. Despite a number of significant obstacles, the potential advantages of remote employment may outweigh the downsides. Moreover, such approaches are particularly effective with regard to major organizations and multinational corporations, and are therefore appropriate for the banking industry. The vast majority of industry participants are represented by multinational corporations with enormous revenues and sizeable permanent workforces. Commonwealth Bank, Westpac, Australia and New Zealand Banking Group, and National Australia Bank are colossal players in the Australian banking industry. These banks are among the top ten largest corporations in Australia; therefore, the deployment of remote work in these firms could have a favorable effect on the national level. The banking industry employs a significant proportion of the Australian population.

The growth of technology enables bank personnel to access their workplaces remotely, devoid of substantial security risks or technological defects. As banking systems offer remote access to their customers, it may be advantageous to integrate remote working to save unnecessary expenses. Before introducing remote working practices into security protocol-related frameworks, it may be required to test them on various customer-related services. It may be advantageous to evaluate such a strategy using the 5ps marketing model.

Support services and other customer services may represent the product. It may be able to provide these services remotely without posing major security risks. Social networking and instant messaging may be very useful for offering first customer service. Since these services are provided at no cost to the consumer, it may be required to minimize expenses as much as possible. Remote working strategies may significantly aid to the fulfillment of this objective without compromising service quality. As previously said, it may be viable to supply these services through social media and digital communication channels. It may also be essential to promote these services as an alternative to conventional banking consultation and guidance. Employing competent personnel with excellent communication skills and providing them with the appropriate banking system knowledge is required for remote work.

These services are being deployed in the banking industry because they offer consumers prompt, high-quality help with reduced wait times and a personalized approach. Moreover, with the advancement of current technology, digital communication methods are becoming increasingly popular and, thus, more easy for the majority of clients to employ. Therefore, the use of social media and instant messaging as the principal means of communication became an integral component of the contemporary banking industry. It may be a crucial competitive advantage, yet the vast majority of banks have already introduced these services. In order to maintain a competitive advantage, it may be advantageous to adopt a new strategy for certain services.

Even if these services are free, it may be possible to maintain cost leadership through the use of remote working methods. The costs associated with maintaining these support services are passed to other banking products and services. It may be possible to cut prices overall by lowering the cost of providing support. Such services may be excellent for remote work because they do not compromise security information and do not demand office presence. The necessary data may be made available to the consumer via digital devices. It also requires neither extensive training nor regular supervision. Therefore, remote working practices may substantially reduce the expenses of these services without sacrificing quality. Moreover, according to a number of studies, remote work boosts worker happiness and productivity, which may result in an overall enhancement of services (Felstead & Henseke, 2017). Remote work may provide expansive chances for client communication and feedback collection.

Business Readiness

Recent pandemic has demonstrated that the majority of industries are not prepared to implement remote labor on a broad scale. Extreme business settings caused severe harm to the majority of industries, forcing "survival of the fittest." Even though forced remote working practices may not always be advantageous, a huge number of firms have been able to successfully implement a remote management strategy and may continue to do so after the removal of constraints (Davies, 2021). Such disputed outcomes may show that, despite the fact that it was not always possible to move to remote work immediately, its principles may be effective under more favorable conditions and reasonable management.

In addition, the pandemic considerably enhanced competitiveness in the deployment of remote working. Consequently, a significant percentage of managers were able to adapt and acquire adequate knowledge in the industry. The current paradigm equips managers with all the abilities required to manage human resources remotely effectively. However, there are still a number of significant obstacles that demand resolution. Even while high management may possess the essential skills and capabilities, many employees are not prepared to work from home.

People may seek out remote employment due to its many advantages, but the majority still lacks the necessary responsibilities and time-management skills. Therefore, it may be important to establish training frameworks to prepare both managers and regular employees. There was a correlation between the labor market in the banking business and global trends. COVID-19 constraints equipped banks managers with sufficient remote management skills, but more training may be necessary for distant personnel. Even while the pandemic dealt a catastrophic blow to the world economy, it also presented opportunity to rethink operations and establish new management strategies.

Conclusion

The rapid development of digital technology and pandemic legislation contributed to the evolution of remote worker communication. These personnel may now receive and send significant amounts of data from their homes utilizing digital communication methods. Workers benefit from remote work because they are able to manage their time freely, have greater flexibility, and do not have to spend time and money traveling to the office. Nonetheless, there are a few obstacles that may impede the improvement in worker productivity. Additionally, organizations are significantly impacted by remote working habits. The Australian banking sector might profit tremendously from such an approach. In conclusion, the required conditions for remote work may already exist, and the application of these practices may present crucial opportunities without posing significant dangers.

References

Chandra Putra, K., Aris Pratama, T., Aureri Linggautama, R., & Wulan Prasetyaningtyas, S. (2020). (2020). The Influence of Flexible Working Hours, Remote Work, and Work-Life Balance on Employee Satisfaction in the Banking Industry During the CoVD-19 Pandemic. 341–353 in Journal of Business Management Review, 1(5). Web.

Davies, A. (2021). Opportunities for Rural Economies from COVID-19 and ICT-Supported Remote Work World, 2(1), pp. 139–152.

Felstead, A., & Henseke, G. (2017). Examining the expansion of remote work and its effects on effort, well-being, and work-life balance. New Technology, Employment, and Work, 32(3), 195–212. Web.

Flores, M. F. (2019). Understanding The Difficulties Of Remote Work And Its Impact On Employees'. International Journal of Business Marketing and Management, volume 4, issue 11, pages 40 to 44.

Nickson, D. (2016). Working remotely, Routledge.

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Variable And Fixed Costs In Managerial Accounting Free College Essay Help

Internal and external users are aided by accounting information in making prudent financial decisions. Financial accounting delivers information to external users, including shareholders, financial providers, regulators, and tax authorities, and is therefore accessible to the general public. Managerial accounting delivers secret information to internal users for planning, budgeting, and managing. Moreover, managerial accounting information focuses on the future of the organization by providing management with information for planning and forecasting, whereas financial accounting provides external users with historical data for decision-making and forecasting the organization's future performance.

Managerial accounting reports are periodic and are computed as needed, whereas financial accounting statements are for a specific time period, such as a fiscal year (Accounting for Management, 2011.). Financial accounting statements correspond to Generally Accepted Accounting Principles (GAAP), whereas managerial accounting is not required to follow any standards (Martin, 2011). In addition, management accounting information provides extensive information for usage by many departments within an organization, whereas financial accounting statements provide a summary of the financial activities of a company.

Internal users require financial information to make decisions and establish organizational policies and strategies. Varied organizational managerial levels have different informational requirements. Managerial accounting is a strategic partner that assists management in the functions of planning, directing, leading, managing, and monitoring the activities of the organization (Introduction to Managerial Accounting, 2007). Before making a decision, the planning process necessitates sufficient information to assist management in considering potential courses of action. Directing entails providing counsel on the running of the firm; hence, management needs enough financial information to perform this duty efficiently. Controlling and monitoring an organization's activities should not be performed indiscriminately; precise financial information is necessary to ensure the effectiveness of these two roles.

The very dynamic business climate of today necessitates that managers have appropriate information to achieve a competitive advantage over other industry participants. The managerial accounting profession dates back to the early 18th century. The profession is responsible for gathering, summarizing, and presenting financial data to management in order to facilitate competitive decision-making.

Supporting decision-making, planning, and strategy creation, managerial accounting experts play a crucial role in the modern organization. As a result of the profound changes in the business environment brought about by technological progress, the function of managerial accounting specialists has expanded significantly. Technological development has boosted industry competition, presenting managerial accountants with the difficult challenge of interpreting enormous amounts of data to aid in management decision-making.

Although managerial accounting is not subject to any rules during the computation of financial statements, the majority of worldwide companies employ CMA-certified individuals to perform managerial accounting duties. Effective management accountants must be capable of assessing enormous and crucial amounts of data, hence facilitating the organization's decision-making and planning processes. The course equips accountants with the skills necessary to analyse financial and economic data and identify patterns in the corporate environment via the use of modeling and information technologies. In addition, the training trains accountants with the skills necessary to assess choices and generate internal and external reports.

To classify costs, the absorption costing method utilizes functions like as sales, cost of sales, administrative, distribution, and marketing expenses. In contrast, contribution costing categorizes costs based on their behavior, categorizing them as either fixed or variable. Variable costs change with output level, whereas fixed costs remain constant throughout time. The key difference between the two methods is that the absorption-costing method employs the cost of items as an intermediate step, whereas the contribution-costing method uses product contribution. In addition, absorption costing distributes fixed manufacturing overheads to particular product units, making it simple to determine each product's long-term profitability. Organizations do not always sell items during the period of production; as a result, the selling price and profit of a product fluctuate depending on when it is sold. This makes it especially advantageous to allocate all expenditures incurred in the manufacture of the goods and services throughout the production period so that its future profitability can be easily determined. In contribution costing, fixed production overheads are treated as period costs.

Income in absorption and contribution costing differ when the inventory figures at the beginning and end of a period are not identical. The two strategies approach fixed production overheads differently. Contribution costing charges period costs for fixed production overheads (Walther, 2011, p.85). The approach deducts fixed manufacturing overhead expenses from a period's profits. In contrast, absorption-based costing adds fixed manufacturing overhead expenses to the cost of goods. This system allocates fixed production overheads to each item produced, ensuring that closing stock and work-in-progress figures reflect fixed production overheads.

Due to the disparate treatment of accounting items, various costing methodologies generate differing revenues. Profits may be overstated or understated as a result. To achieve industry-wide comparability, organizations should account for income statement items according to Generally Accepted Accounting Principles (GAAP). Companies utilizing the absorption or contribution costing methodologies must create a GAAP-compliant alternative income statement for external use. Income statements that adhere to GAAP promote standardization, hence facilitating industry-wide comparability.

The alternative income statement enables the company to compare its performance to that of its industry rivals. After establishing its position in the industry, the company's management should adopt and implement plans that will enhance its performance. In addition, the alternative income statement assists organizations in establishing performance benchmarks by comparing them to the market leader. The alternative income statement allows businesses to develop strategic relationships with external users of financial data, such as lenders and creditors.

Management uses break even analysis to establish the relationship between volume, costs, and profits. Break-even analysis assists a business in determining the appropriate technology, strategy, and policies to use in order to achieve profitability. According to Edwards, Hermanson, and Invacevich (2007), breakeven analysis assists management in determining the volume of a product that must be manufactured to achieve profitability (p.73). The break-even point is the point at which manufacturing expenses are equivalent to sales income. By determining the break-even point, management may determine the volume at which the company begins to generate a profit. For example, if the company's fixed costs are $5,000, it must ensure that its sales revenue exceeds $5,000 in order to generate a profit. In addition, the break-even analysis identifies the lucrative product mix, thereby determining which items to make; for instance, a company should combine products that utilize the same technology and processes to save fixed costs.

References

Accounting for Administration (2011). Terms and Definitions for Managerial, Management, and Cost Accounting Web.

Edwards, D., H. Hermanson, and S.D. Invacevich (2007). Accounting Fundamentals from a Business Perspective. Managerial Accounting, volume 2, pages 73-87.

The Fundamentals of Managerial Accounting (2007). Web.

Martin, Joseph R. (2011). Introduction to Managerial Accounting, Cost Accounting, and Cost Management Systems. Web.

Walther, Louise M. (2011). Financial Accounting: Accounting Principles USA: CreateSpace.

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Apple Inc.’s Strategic Actions And Marketing Approaches Free College Essay Help

Table of Contents
Abstract Introduction Background Information Company-Impacting Issues Proposed Strategies and Recommendations Conclusion Bibliography

Abstract

Apple Inc.'s ability to remain profitable in its market niche has been rendered untenable by the arrival of new competitors. However, the corporation has continued to implement unsuccessful marketing methods that disregard the needs of worldwide consumers. Therefore, this debate identifies the distinctive dangers and obstacles that will impact the company's future success. Apple's present business methods and marketing strategies are insufficient to make it a market leader. The report recommends many strategic measures and marketing strategies that can alter the competitive landscape and make Apple the preferred brand of the largest number of consumers.

Introduction

Apple Inc. continues to be one of the most revered companies in every corner of the globe. "the ability to deal with weaknesses and threats" is the key to its successful performance (Hasan 12). Utilizing the strength of research and development (R&D), the company has been producing groundbreaking items. These items continue to provide a challenge to existing alternatives. In addition, the company's managers utilize several tactics to maximize growth and performance.

The concept of outsourcing makes it easier for the business to reduce production costs while protecting its brand image (O'Grady, 9). The company has been successful in marketing its products and cellphones to people around the world. However, Apple Inc. possesses a number of disadvantages that may hinder its future performance (Hasan 83).

Apple's marketing strategy is unsustainable and may not support its future commercial goals. This discussion investigates the nature of this marketing obstacle confronting Apple Inc. The research will examine the potential challenges posed by the firm's marketing strategies. Effective recommendations and action plans are offered to ensure that the company's performance is maintained.

Background Material

Apple is the largest information technology company based on annual sales, according to statistics (Khan, Alam and Alam 963). It also holds a market-leading position due to its assets and innovative capabilities. The company continues to build new products and superior applications that empower consumers worldwide. Three business associates named Steve Wozniak, Ronald Wayne, and Steve Jobs founded the company in 1976 (O'Grady 12).

Since 2007, the company's primary focus has been on consumer gadgets and devices. iPhones, iPads, Macintosh computers, computer software, and iPods are among the company's most innovative and widely promoted goods (Hasan 11). The most popular software programs are iOS, iTunes Store, and iCloud (Glowik and Bruhs 15).

According to O'Grady, Apple Inc. has remained one of the most successful corporations in its field (89). This has been the case notwithstanding the significant difficulties and recessions encountered in several parts of the world. It was believed that the death of Steve Jobs marked the end of this thriving corporation. However, the company's new leadership reorganized every aspect of business management. Additionally, they utilized the business model created and endorsed by Steve Jobs.

In order to boost the level of performance, the same leadership concept has been adopted across the organization. The first half of 2014 was marked by various challenges, including sluggish economic performance and volatile markets (Hasan 46). Despite these obstacles, the company continued to develop and offer high-quality goods to consumers.

The corporation has promoted the principle of R&D for many years. The company's innovators and engineers build superior technologies that have the potential to improve the final consumer's experience. Every "new product at Apple becomes an instant sensation and ultimately increases sales" (Glowik and Bruhs 18). This multinational corporation's current concentration on consumer electronics has proven fruitful.

Additionally, the company has introduced numerous wearable electronics to various markets. These products have increased Apple's profitability and performance. The company concentrates on the ever-changing needs of various market segments' consumers (O'Grady 23). This expertise guides innovation and the development of particular items.

The corporation maintains its international market competitive advantage through quick innovation. The concept of innovation is used to the creation of new technologies with the ability to meet the needs of its clients (Johnson et al. 11). In the preceding decade, Apple's strengths have been remarkable. Such advantages make it difficult for new competitors to directly compete with Apple. Apple's enduring brand strength has continued to assist its marketing efforts.

Hasan notes that Apple is "among the most powerful and valuable brands in the consumer electronics and information industries" (53). Apple consistently introduces great goods that are backed by its powerful brand personality.

This individual assures that every marketing procedure is capable of producing quality outcomes. Additionally, the corporation has maintained uniform pricing for its products. Thus, the strategy has generated strong profit margins in every market area (Khan et al. 960). Apple hires and trains additional marketers who can meet the needs of targeted customers in order to achieve success. These marketers are enabled with the best resources and incentives.

This strategy has allowed Apple Inc. to maintain its position as a top competitor in a variety of market areas. Apple has not, however, been able to expand its business model to every corner of the globe. Apple's sustainability and profitability may be threatened by the advent of disruptive technologies, which is a huge concern (Glowik and Bruhs 39). In the future, its marketing model's flaws may reduce its competitiveness.

Concerns Affecting the Organization

Apple Inc. is one of the most formidable competitors in the developed world (Hasan 34). However, researchers and marketers are adamant that the competitive landscape has shifted dramatically over the previous decade. The advent of companies like Samsung Group, Tecno Mobile, and HTC poses a challenge to Apple's performance. In the past, many individuals favored "Apple products because they were considered superior, elegant, and innovative" (Khan et al. 960). Today, new items have evolved that are superior and able to meet the changing wants of a large number of clients.

Different devices from companies such as Samsung have the ability to directly compete with Apple's offerings in certain market niches. For instance, Samsung has become the dominant brand due to its Android-based smartphones and portable electronic devices (Kim 22). These goods have altered the thoughts and beliefs of consumers. Samsung has "introduced a potent marketing strategy characterized by fully-developed distribution networks, sustainable business practices, and affordable prices" (Johnson et al. 23). In addition, several up-and-coming firms in the industry have designed and sold inexpensive devices that provide comparable results.

These advances have altered the competitive landscape. These new goods are garnering the greatest number of users, rendering Apple no longer competitive. Apple's absence of an efficient distribution network poses a second unique obstacle. Hasan reveals that Apple focuses on developed markets in many parts of the world, including North America and Europe (72). On the other hand, Samsung and other rising companies have established improved supply chains that deliver excellent products to a greater number of clients in every region of the world. In addition, Samsung has prioritized emerging markets in China, Africa, Latin America, and Asia (Kim 39).

These markets have been characterized by numerous technologically aware youths. The company has introduced new handheld devices to empower more individuals in these growing economies. In doing so, Samsung (along with other competitors) has successfully penetrated Apple's market niche.

Apple's financial statements for 2015 revealed revenues of 233 billion US dollars ("Apple, Inc." par. 3). This profitability demonstrated Apple's continued dominance in the global market. On the other hand, Samsung's financial filings for the same time period revealed that the company accounted for 17 percent of South Korea's gross domestic product (Kim 94). These financial figures plainly demonstrate that Apple's marketing strategy is becoming less viable. If the company does not adopt new marketing procedures and models, it will be unable to remain competitive in the current global context.

Apple no longer dominates the market category for consumer electronics. Samsung and other firms have harnessed the power of technology to make greater products that compete with Apple (Hasan 94). The strength of disruptive technology demonstrates unequivocally that businesses that fail to embrace impending market shifts will become outdated or less lucrative.

The company's restricted distribution network is the second "major challenge" to its marketing approach (Khan et al. 962). The corporation employs a strategy known as an exclusivity policy (Hasan 93). This strategy assures that only approved dealers are picked to advertise its items to various consumers. This strategy has therefore prevented the corporation from delivering its products to additional clients. Additionally, the company targets specific markets in industrialized countries. If the corporation fails to examine all emerging markets, its future performance may suffer.

Apple Inc. has a premium pricing approach for its products and smartphones (Hasan 94). This price tactic prevents low-income consumers from purchasing their products. The approach has continued to restrict the organization's sales. In every market segment, the middle and lower classes comprise the biggest proportion of potential clients. Always focusing on upscale markets limits the firm's sales (Hasan 97). These factors continue to render the firm's marketing model unprofitable and untenable.

Strategies and Recommendations Proposed

Hasan says that Apple can "remain competitive on the global market" due of its superior products and brand image (102). Many individuals in every region of the world continue to believe that Apple's brands are superior and admired. This concept has generated a strong brand image that may be utilized to address the most significant difficulties impacting the company's profitability. The crucial factor to examine is the effectiveness of a balanced marketing mix.

Marketing is the only process that provides consumers with finished products (Johnson et al. 12). The procedure also determines a company's profits and losses. Companies that wish to achieve their commercial objectives must maintain a constant focus on consumers' ever-changing expectations. Therefore, an effective marketing strategy should be implemented in accordance with the needs of these targeted customers.

Apple will therefore need to analyze the components of an efficient marketing mix. Promotion, location, and pricing will be the primary considerations (Hasan 121). Apple's promotional methods have been ineffective. Many individuals believe that the Apple brand is associated with the middle and upper echelons of society. These categories represent a minor portion of the market. Therefore, Apple Inc.'s marketers should employ the most effective methods and promotional strategies to ensure that more people are aware of the brand's excellence (Hasan 109). This comprehension will make it simpler for additional prospective clients to embrace the brand and purchase various things.

Apple must now contend with competition. This growth is a result of business activities done by businesses like Samsung and HTC. These rivals provide their products to numerous customers in various parts of the globe. Apple should utilize the notion of location to expand its distribution network. According to Johnson et al., more consumers in the developing world seek excellent brands that can meet their requirements (32).

Apple's goods have the ability to draw people from all around the globe. Therefore, the corporation should engage with various marketers and retailers in each emerging area. This action will boost Apple's profitability by attracting additional customers.

This company should take pricing more seriously than ever before. Apple is one of the businesses that has benefited from outsourcing's effectiveness. The majority of its products' production processes are outsourced in an effort to save expenses. This strategy highlights why the company should reduce its prices. Reduced prices will make it easy for more clients to acquire the organization's many items (Kim 82).

A new market strategy with qualified staff will make a difference for this organization. Many buyers do not receive appropriate information about Apple's most popular brands (Hasan 31). This indicates that there are some flaws in the company's marketing plan. A competent workforce will enhance brand awareness and ultimately increase the company's sales.

Conclusion

Apple Inc. continues to be one of the most renowned corporations in the world. It also produces high-quality electronics that meet the needs of consumers worldwide. However, the company must recognize that the future may not be sustainable. Current levels of competition should compel the corporation to design a new marketing strategy that is influenced by Samsung Group and other direct competitors (Johnson et al. 38).

It might be prudent to reevaluate the current exclusivity arrangement in an effort to promote its devices to a greater number of potential customers. Emerging markets also provide Apple with fresh prospects for success. To supply more products to more clients, competent marketers should be recruited and educated. These techniques will facilitate Apple Inc.'s efforts to expand sales and profitability. By doing so, the corporation will become the preferred brand in various regions of the world.

Sources Cited

2016 Apple Incorporated website.

Glowik, Mario and Sarah Bruhs. The Perspective of a Global Network on Business-to-Business. New York, New York: Routledge, 2014.

Hasan, Rajibul. Apple Inc.: An Evaluation New York, NY: GRIN Verlag, 2015. Print.

Johnson, Katherine, Yang Li, Hang Phan, Jason Singer and Haong Trinh. Apple Corporation's Innovative Success. 1 – 42 in Marshall Digital Scholar 1.1 (2012). Print.

Khan, Usman, Noor Alam and Shabbir Alam. "A Critical Analysis of Apple Inc.'s Internal and External Environment" International Journal of Economics, Commerce, and Management, volume 3, no 6 (2015), pages 955-967.

Kim, Chunhyo. A Power Web: Samsung, Media Empire, and Family New York, New York: Routledge, 2015.

Jason O'Grady is named. Apple Inc: Corporations That Changed the World. New York: Greenwood, 2009. Print.

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Research Proposal: Stress Among Parents Of Adult Children With Intellectual Disabilities Free College Essay Help

The main concept included in this study are stress, parents, children, and intellectual disabilities which the proposal will clarify at a later stage.

The topic of intellectual disability is a topic known to many people ,when items surrounding this topic are discussed ,the focus tends to be placed on the individual with the intellectual disability (ID). There is little emphases placed on those surrounding individuals with ID.it also tends to focus on the siblings of the individual with the ID; and little emphases is placed on the parents ,this is where the interest has developed for the researcher as it was felt that not enough has been written about the parents and the direct effects their childs disability has on them as individuals ,the researcher also has experience working with individuals with ID and from this experience has noticed through the interaction with parents the stress they encounter looking after a child with an ID .Through working in this area the researcher has gained interest in the effects on the parents and has felt that parents are often neglected . Through research for this proposal the researcher has found that others have also addressed the issue of stress among parents of children with ID.also in this research the researcher has not gained much information on supports services for parents regarding this topic and feels that there is a gap in relation to this . This topic is worth studying to gain an insight into the effects that stress has on the parents and how they may or may not have coped with this .

This research proposal will focus on the research question of ‘stress among parents of adults with intellectual disabilities .

For the purpose of this research the researcher aims to :

To show the effects of stress on parents with children with intellectual disabilities

To gain information through the completion of 40-60 questionnaires

To explore the service precisions in place for parents

To provide evidence of effectiveness of service provisions for parents

To look at different levels of stress

To establish the coping strategies used by parents of children with ID

The following pieces of literature includes journals ,books and internet sources .The literature discussed falls under the main concepts of this research proposal .These are stress ,parental stress, intellectual disabilities, coping strategies and support services.

Applying psychology by Nicola Brace ,Helen Westcott and Andy McBurnie (2008)chapter 1 written by Mary Hanley discusses the term stress which will help the researcher to define the term stress .William Wilkie(1999)titled ‘understanding stress breakdown’ also gives the researcher an understanding of stress and can be used in defining stress and understanding the process that individuals go through ,The’ relaxation and stress reduction workbook’ 5th edition by Davies ,Eshelman and McKay (2000) discusses not only what stress is but also looks at how individuals can manage their stress in a variety of ways

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Placement essay help for free

The Placement I chose was with The Garden Team, Sunbeam House Services (S.H.S), which is based off the Veveay Road, Bray, Co Wicklow .This location is a day service which provides a day centre facility to a number of adults with intellectual disabilities.

The S.H.S ethos and philosophy aim to empower people within their care with the necessary skills to live full and satisfying lives as equal citizens of their local communities. The Garden Team day service focus is on the individual, their growth, development and care. The individual is encouraged and empowered to pursue their goals, dreams and aspirations on an ongoing basis. The Sunbeam organisation, via The Garden Team, in partnership with the individual implement supports to facilitate realisation of their service users goals and aspirations.

A quality system known within the organisation as personal outcomes ensures that the organisation provides service to and for its service users based on the principles of basic assurances, shared values, responsive services and community life. The main role of this system is that the individual???s personal preferences are supported and their personal choices facilitated. S.H.S is also committed to forging links with other organisations in order to ensure their service users goals and aspirations are met.

My Role within this placement was to shadow existing staff, assist them with whatever activities they undertook with the service users attending the day service and interact with the same said service users as and when they attended this day service. This interaction required communication skills such as active listening and non-verbal communication. Social care practice requires me to participate in reinforcing daily social skills such as interpersonal greeting and adherence to social norms. This practice involved daily rituals around breakfast in the day service involving everyone attending the service, such as staff, students and service users greeting each other appropriately, catching up on what each other had done the previous night /weekend .This is an idea opportunity for the staff to touch base with some of the service users who come from troubled backgrounds and also to judge the mood of the service users and through this they can detect when there is an issue that may need to be resolved.

The Garden Team placement ethos is based on the work ethic, social norms and personal outcomes of the individual service user. This is to ensure that the service users both individually and as a group have daily, weekly and long term goals to work towards .The service users have a keyworker within The Garden Team their role is to assist the service user and support them to achieve their personal outcomes.

A long term goal for a service user might be their wish to live independently as they may currently be living in the family home or in a residential service, this long term goal would be broken up into shorter term goals such as budgeting, social skills, personal hygiene and personal shopping this would all take place of a period of time and with each new skill

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Universal healthcare college essay help online

Universal healthcare it is a primary right or a privilege, It has many flaws in various countries and limited access to outrages expenses in MRI’s, long awaiting periods for surgical procedures. Many people have their care delayed and their medical condition gets much worse and can no longer receive treatment. In Germany healthcare is higher in taxes and have no problems receiving medical care. The French claim their salary is way lower as an employer and are required to pay in order to have national healthcare system and their care needed is always available. The American Journal of Public health confirms that 45,000 people die each year in the United States because of no Health Insurance. Yes, we have a right to healthcare.

Universal healthcare goal is to have people live in better health and protect from over charged care for medical hardships with billing. The uninsured are the main ones, who need Universal healthcare. People who make too, much money from working don’t qualify for Medicaid and end up with financial hardship and aren’t able to get the care needed for their health. The common issue for all universal healthcare programs is they need some form of government connection. The law determines what type of care is available and how the coverage will be paid. Many people choose to support the system known as a single payer health insurance. It’s when the government funds the healthcare and does not supply the care, Just like Medicare and Medicaid.

The poor people can’t afford healthcare and live in much worse environments and have more medical problems. We as Citizens of the United States have rights to Healthcare and our health is jeopardized by not being able to pay for insurance. People who work are struggling to pay for healthcare and have health conditions that need medical attention. Due to lack of work for health issue some people lose their jobs and are forced to file bankruptcy. This is why poor people are struggling in the economy and are forced to live in bad health. The right to healthcare should be a civil right. People should not be categorized by their illness and have financial problems paying for their medical treatments. Americans that are poor have bad health and one doctor visit can diagnose their condition before it leads to death.

Therefore, I am for our rights to have universal healthcare for people who need it and can’t afford insurance. This coverage will not only save peoples life and help us get out of debt with medical bills over charging major countries. It is funded through taxation and every day, we people could use this form of coverage I support the government in helping us as the economy to live healthier and longer with better care from universal healthcare coverage.

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Implementing Swifinet gp essay help

ABSTRACT

Use of wireless sensor networks (WSN) has resulted in many revolutionary changes in human life. WSN has gain significant concentration from scientist and end users. ‘SWiFiNet’ is task distributed reusable system architecture. In this architecture complex functionality has been transfer to the second tire devices of the system. Second tire devices are provided with more resources. ‘SWiFiNet’ satisfy the desire architecture of the WSN. This paper aims to analyze various reusable wireless sensor networks and concept related to ‘SWiFiNet’. And it provides the existing architecture of ‘SWiFiNet’ and also the functionality of the component of the reusable network architecture. This paper also provides idea about the proposed ‘SWiFiNet’ which will be developed on IEEE 802.15.4 MAC/PHY layer which will be having more advantages over its counterparts.

Keywords:- WSN, SWiFiNet, Reusable architecture.

I. INTRODUCTION:

Use of wireless network is increasing in every field, day by day. WSN is extensively use where wired network cannot be deployed or is expensive to deploy. WSN opens many ways for research community to further enhance wireless communication efficiency and productivity. Many protocols and algorithms has been developed to addressed many kind of issues related to WSN. But most of these protocols and algorithms concentrate on routing, energy efficiency, reliability and congestion control.

No more research is done on creating some integrated network architecture that will make the implementation of any WSN application easy. It means to make the components of the WSN system reusable. The main focus of WSN is on creating more and more efficient wireless interfaces. The wireless sensor network generally developed for specific work. These work include climate reporting, military applications, fuel level indicator and many more. While creating such system one has to start from the scratch and it becomes burdensome.

So, for all these difficulties, one solution is to create reusable WSN framework. This kind of framework is developed in ‘SWiFiNet’. It is a task distributed System Architecture for WSN.

This paper provides overview of ‘SWiFiNet’ and reusable architecture for WSN. In first section provided introduction about WSN and ‘SWiFiNet’. Second section provides related work regarding task distributed network architecture. Third section provides design goals of reusable architecture. Fourth section provides WSN architecture along with ‘SWiFiNet’ architecture comparison. Fifth and last part concludes the paper.

II. RELATED WORK

There has been attempts to make hierarchical task distributed reusable wireless sensor network architecture. Most of such proposals were developed using 802.11. The different applications related to reusable WSN architecture is as follows:-

ART wise gateway architecture was presented by Leel et al [4]. The architecture is two tire architecture. Tier one uses IEEE 802.15.4 and tire two uses 802.11. Linfeng develop Environmental adaptive Architecture model for wireless sensor network [5]. It was two tire architecture. The second tire was capable of adding number of nodes without affecting two tire architecture. ANGLE [5] architecture was develop for the health care applications. In this application authors claims that it can be reused for any other application.

Open and reconfigurable wireless sensor network has been proposed by Triantafyllidis. It was developed for pervasive health monitoring. Its main emphasis was on easy extension with additional sensor functionality. ZUMA [6] was developed for centralize smart phone platform which will interconnects all kinds of smart phone devices.

The ReWINS [3] research initiative is an attempt to advance such an end-to-end solution with support for incremental arrangement through a transparent lower layer implementation and control architecture and a user-friendly application interface.

Wireless Integrated Network Sensors or the WINS [7] project and NIMS project at University of California, Los Angeles is about ad-hoc wireless sensor network research dealing mainly with constructing micro-electronic mechanical sensors (MEMS) [8], effective circuit design, and design of self-organizing wireless network architecture. Though these projects have been successful in demonstrating a network of self-organized sensor wireless nodes, they seem to have a bias towards environmental and military applications. Also they use proprietary RF communication technology and hence the solutions are limiting for wide scale deployments in industries.

Motes and Smart Dust project [9] at University of California, Berkeley involved creating particularly low-cost micro-sensors, which can be suspended in air, buoyed by currents. Crossbow Inc. has commercialized the conclusion of this project. Here again the solution is limiting, as exclusive communication technologies have been used to achieve inter-device communication. Further, the focus has been on development of sensors and their communication rather than how the sensors will be integrated to form systems. This is generally termed as the ‘bottom-up’ approach, which may not be suitable for building complex systems.

Pico-Radio [10] ‘ A group headed by Jan Rabaey at University of California, Berkeley is trying to build an integrated wireless application interface called Sensor Network Service Platform. An attempt is to develop an interface that will abstract the sensor network and make it transparent to the application layer. A introductory draft describing the application interface has been recently released. They believe in a ‘top down approach’ (from control to sensor nodes) for building sensor networks which is probably more suitable for building complex systems.

Recently, there have been several work initiatives like TinyDB [11], Cornell’s Cougar etc. to develop a declarative SQL-like language to query sensors and define certain standard query services. Here the employment is sensor-interface specific and not a general or abstracted sensor networking platform. These query services can be implemented with ease on top of our (developed) wireless interface and sensor networking platform and can be made generic by extending them for other sensors.

Other research initiatives in this field include MIT’s ??AMPS, Columbia University’s INSIGNIA, Rice University’s Monarch. Though there have been a lot of research efforts in developing ad-hoc wireless networks, the focus has been on developing smart wireless sensor interfaces and not much attention has been paid to the actual application integration. Typical approach has been to develop powerful smart wireless interfaces, which supports the important features/requirements for a particular class of applications (like military, environment sensing or more focused applications like fuel-level control in automobiles). The result is a number of wireless interfaces appropriate for a certain class of application; but almost no interoperability between them. We believe that the deployment of wireless infrastructure in industries will occur in incremental stages and thus interoperability (between different sensor-networks) and extendibility (according to application needs) will form the basic requirements of any prospective solution. A prospective good solution would be an end-to-end solution, which is modular and extendable.

All of the above applications were the forward steps towards the making of reusable network architecture. From the comparison of the above all network architecture, it is clear that user of hierarchical network give advantage over flat network. And three tire architecture is also better for reusable WSN architecture.

EXISTING SYSTEM:-

‘SWiFiNet’ [1] is task distributed and reusable component architecture. The task layer hierarchical model of ‘SWiFiNet’ is as shown in the given figure. It follows hierarchical architecture comprising of Master node, router node and sensor node. The base layer is 802.15.4 MAC/PHY layer.

Table 1. Comparison between different reusable wireless sensor network applications

Sr. No Application/Project Purpose of Application/Project Limitations

1 ART gateway architecture To develop Hierarchical two tire architecture each tire having different base MAC/PHY The system is more complex due to different protocol in each layer.

2 EAWNA To develop tire two in such a way that adding more sensor dose no affect the architecture The focus is given more on second tire of architecture.

3 ANGEL For health care application. Claimed to be reusable Reusable for specific health care application

4 ReWins To develop such an end-to-end solution The main focus is given on industrial scenarios.

5 Wireless Integrated Network Sensor Building efficient circuit design, and design of self-organizing wireless network architecture These project seems to have bias towards environmental and military application

6 Motes and smart dust project Creating low cost micro sensor which can suspended in air The focus is on sensors rather how they will be integrated

7 Pico-Radio To make sensor network transparent to application layer Suitable for building complex systems only

8 TinyDB To develop declarative SQL-like language to query sensor Not a generic or abstracted sensor networking platform

.

The upper layer to this layer is DLL task layer. All the network communication is controlled by this layer. The functionality of different device component of the architecture is as given below:

Sensor node: The task of sensor node is restricted to sensing background and connecting the neighboring nodes or the master node. When the packet is handed over to any parent node, then it is the responsibility of the parent node to transfer the packet to the master node. In this node’s layer architecture, the network layer will have the addresses of the parent devices. It will be stored in the table. Two types of addresses are present in the table. First one is primary parent address and the other is secondary parent address. If primary address parent is not available then secondary parent address will be try by the node.

If network layer don’t contain any table then a ‘Hello’ packet request is broadcast into the network. Then the neighboring device will issue the join request. The join request will be accepted if the device meets LQI threshold criteria.

Router Node: – Router nodes are come in use when sensor nodes are not in the range of Master Node. Clustering is also possible using router node. In ‘SWiFiNet’ distributed architecture the functionality of the router node increased remarkably. The complex implementation of any application or protocol will be deployed on the second tire devices. The router node network layer also maintains the table containing entries of the parent devices to the router node. It can be router node again or router will send the information directly to the master node. Router nodes will generate join request if they receive hello packet request from any sensor node.

Master node: The complete topology information of the network is maintain by the master node. When there is queried transmission model, master node will generate query and send it in the network. Whenever the routing tables are updated in end nodes or router nodes will send the information to the master node.

Sensor node Router Node Master Node

Fig 1. Distributed architecture of ‘SWiFiNet’

III. PROPOSED MODEL:

The ‘SWiFiNet’ model developed [1] is successfully implemented on the hardware as the architecture of the ‘SWiFiNet’ is defined. But ns-2 simulation of ‘SWiFiNet’ is based on 802.11a. As the basic idea of MAC/PHY layer is to have 802.15.4 which will work more efficiently on the ‘SWiFiNet’ architecture. The architectural diagram [1] is as shown below:-

In many of the sensor network architecture the sensor nodes are based on the 802.11a, but in ‘SWiFiNet’ MAC/PHY layer is based on 802.15.4. It is having low bandwidth comparative to the 802.11a. As the ns-2 modulation of the architecture is done using 802.11a, we cannot compare the exact result of hardware simulation and the software simulation.

Dynamic source routing (DSR) has similar characteristics as of ‘SWiFiNet’. After comparing the hardware results [1] with DSR it is found that ‘SWiFiNet’ is having better performance against many parameters. Implementation of ‘SWiFiNet’ using ns-2 on 802.15.4 IEEE is not yet checked against other protocols and hardware results.

The software architecture [2] of the ‘SWiFiNet’ agent is as shown in figure 2. This diagram shows the network component simulation in ns-2. The devices can be identified by the variable passed from TCL script. 1 value represent master node. 2 value represent router node and 3 value represent sensor node.

Fig 2: Component simulation in ns-2

IV. Conclusion:-

The survey paper provides a detailed comparison and description of the well-known projects and applications which are developed from reusable architecture point of view. ‘SWiFiNet’ is basically a task distributed generic reusable architecture for WSN. The functionality of sensor node is reduced and has been transferred to the second tire devices like router node. By doing so sensor nodes are restricted to gather information and connecting to neighboring nodes. As time synchronization overhead is not present the lifetime of the network increase.

This reusable architecture can be used for various range of applications and can be configured accordingly. This paper gives proposed ‘SWiFiNet’ system which will be based on 802.15.4 IEEE standard and will be useful for researchers in many ways.

V. REFERENCES:

[1] A. H. Willig, J. H. Karowski, N. Baldus, H. Huebner, A., “The ANGEL WSN Architecture,” in Electronics, Circuits and Systems, 2007. ICECS 2007. 14th IEEE International Conference on, 2007, pp. 633-636.

[2] A. W. Rohankar, Mrinal K. Naskar, Amitava Mukharjee, ‘SWiFiNet’: Task Distributed System Architecture for WSN’ in IJACSA Special Issue on Selected Papers from International Conference & Workshop On Advance Computing 2013.

[3] A. W. Rohankar, Mrinal K. Naskar, Amitava Mukharjee, ‘A step towards reusable WSN architecture’, International Journal of Research and Reviews in Wireless Sensor Networks (IJRRWSN) vol. Vol. 2, 2012.

[4] B. S. P. Harish Ramamurthy, Rajit Gadh, “Reconfigurable Wireless Interface for Networking Sensors (ReWINS),” in proceeding of the 9th IFIP International Conference on Personal Wireless Communications (PWC 2004), 2004.

[5] J. C. Leal, A. Alves, M. Koubaa, A., “On a IEEE 802.15.4/ZigBee to IEEE 802.11 gateway for the ART-WiSe architecture,” in Emerging Technologies and Factory Automation, 2007. ETFA. IEEE Conference on, 2007, pp. 1388-1391.

[6] L. Linfeng, “Research on Environment-Adaptive Architecture Model of Wireless Sensor Networks,” in Networks Security Wireless Communications and Trusted Computing (NSWCTC), 2010 Second International Conference on, 2010, pp. 130-133.

[7] M. N. K. V. G. Soini, J. Rabaey, J. M. Sydanheimo, L. T., “Beyond Sensor Networks: ZUMA Middleware,” in Wireless Communications and Networking Conference, 2007.WCNC 2007. IEEE, 2007, pp. 4318-4323.

[8] Micro-Adaptive Multi-domain Power-aware Sensors (??AMPS) project at University of California, Berkeley, URL: http://www-mtl.mit.edu/research/icsystems/uamps/

[9] Pico-Radio project at University of California, Berkeley,URL:http://bwrc.eecs.berkeley.edu/Research/Pico_Radio/

[10] Smart Dust and motes project at University of California, Berkeley, URL: http://robotics.eecs.berkeley.edu/~pister/SmartDust/

[11] ] TinyDB project at University of California, Berkeley, URL: http://telegraph.cs.berkeley.edu/tinydb

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The Relationship between Manager Assertiveness and having to tell Employees Exactly What to Do aqa unit 5 biology synoptic essay help

Not only is it important to tell workers exactly what to do by being direct, but it is of an equal importance to be assertive with them. If a manager is too passive with his or her employees, it may lead to a managerial mess, as many workers constantly try to test managers’ boundaries.

One of the main reasons as to why employees end up misbehaving in the workplace is primarily because they are not managed correctly, and those who are in authority allow them to get that way. When it comes to being a manager, you shouldn’t expect employees to respect you on a personal level, but you should expect them to respect your authority on a professional level.

Managers should not only be consistently setting up new boundaries, but they should also be enforcing them. Without enforcing them, if an employee overpasses it and nothing is advised to him or her, they will think it is okay to continue to do so. How will they know that it is wrong unless you tell them? It is of an utmost importance to also advise them that you can’t tolerate it.

As a manager, to do their job they have the innate obligation to do only the things that is right for the company that he or she works for. This includes of setting the appropriate boundaries, and not exercising too much sympathy and empathy as it may cause the manager to get too involved with their personal lives. Otherwise, he or she may promote favoritism thereby causing other employees to be jealous. Although this may be true, there is no need to be overly rude and cold towards employees. Being assertive and setting boundaries doesn’t always mean one has to be disrespectful or even rude to their employees. The difference between an authoritarian manager who respects their employees and for managers who don’t differentiates the results of whether or not employees comply or commit themselves to work. In order to have them commit rather than only comply, it is important to be respectful while being assertive. When employees are willing to commit, they are more than likely to deliver work that exceeds a manager’s expectations. (Alexander Hamilton Institute, 2012)

The Importance for Managers to Be a Leader

When it comes to capabilities to effectively communicate with employees, good managers are able to sustain and encourage self-assurance, enthusiasm, and emotional stability while pursuing their day-to-day activities. The position of being a manager can, at times, be quite stressful and overwhelming, so the ideal manager should not let it get to them.

Why is this important when it comes to effectively advising employees as to what has to be done?

If managers aren’t able to maintain self-control of their emotions, then it is likely that they won’t be able to do well at leading employees. Managers are commonly seen as a workplace role model, so if their employees see them as unable to maintain control, it is likely the employees won’t either, thereby leading to decreased amounts of productivity.

Why Communication Is a Key Aspect for Managers

In order to ensure efficient productivity among employees, it is important for them to be able to effectively communicate with them. Moreover, they must also be able to report to higher managers regarding productivity statistics and the like. Not only will great managers be able to communicate well with employees to advise them what they have to do, but they will also be active listeners. Without being able to listen to an employee when he or she has questions about their job or what they have to do, it is likely that they won’t end up doing what they are supposed to do. Another important trait for managers is being able to get a message across without having to overly emphasize it verbally. They know how to implement non-verbal communication techniques such as body language in order to get an important message across to employees. (Melinda Hill Mendoza, n.d).

Common Traits of a Good Employee’ Where You Don’t Have to Be As Specific

There are various indicators that strongly determine whether or not if you have to be overly specific when trying to get an employee to do something. Here I’ve included some of the top traits when it comes to being an effective listener as an employee.

‘ Action Oriented: When you tell an employee to do something, and if he or she is action-oriented, you will see them do it right away’ no questions asked. Although sometimes their work may not be sufficient, most of the time they will provide great work with high levels of productivity. Also, when it comes to productivity, they usually get things done a lot sooner than employees who are stagnant.

‘ Intelligent: Intelligence is important for an employee to thoroughly understand what you want them to do without you having to be too specific with them. Not only that, but when you tell an intelligent employee what to do, most of the time they will do it perfectly correct. It is very rare for an employee who has high levels of intelligence to ask too many questions for additional specificity.

‘ Ambitious: Having an employee with ambition is important because they are well-known to come up with creative ideas that can bring the productivity of any company to the next level. So rather than spending extra time telling them exactly what they have to do, they will work right away, and by the time they are done they will provide you with a genius idea to do things quicker, and you may want to consider forwarding it to your boss.

‘ Autonomous: Employees with an autonomous trait are known to begin working on a project the second you explain to them what needs to be done. They are extremely independent and they require no ‘hand-holding’ whatsoever. This is an important trait, because as a manager, they have a lot of tasks on hand and they don’t want to be wasting it answering a hundred questions about completing a simple task.

‘ Confidence: It is more likely for an unconfident employee to ask questions about exactly what they need to do than a confident employee. This is primarily due to the fact that employees who are confident will trust there instinct on what they’ve heard from the manager, and they won’t second guess their initial impression. On the other hand, unconfident employees will lack their confidence in trusting their understanding, causing them to ask a lot of unnecessary questions.

‘ Leadership: After confidence comes leadership. When you are explaining a task to an employee with leadership skills, you will be confident that they will over-deliver on your expectations. They have the experience to not only deliver the job promptly without any questions ask, but they can set the bar higher in terms of quality and productivity.

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Learning Theory Behaviorism (Teori Pembelajaran Behaviorisme) essay help writing

2.0 Teori Pembelajaran Behaviorisme

Teori Behaviorisme merupakan satu pendekatan pemikiran yang menekankan peranan pengalaman dalam mengawal tingkah laku. Pengasas teori ini adalah J.B Watson yang popular dengan teori Little Albert. Namun, selain daripada J.B Watson terdapat tokoh lain yang turut mengkaji tentang teori ini. Mereka adalah Skinner, Thondike dan Pavlov. Teori pemerolehan bahasa Behavioris pada zaman sebelum ini lebih menekankan tingkah laku yang dapat dilihat sahaja. Bagi mereka perkara yang berlaku dalam otak manusia tidak dapat dikenalpasti. Mereka membuat analogi otak manusia sama seperti sebuah kotak hitam yang gelap. Oleh itu mereka tidak mementingkan peranan otak dalam pemerolehan bahasa.

Golongan mazhab ini menolak pendapat yang menghubungkan operasi kognitif dengan pemerolehan bahasa. Seseorang dianggap telah belajar sesuatu jika dia dapat menunjukkan perubahan perilakunya. Menurut teori ini dalam belajar yang penting adalah input yang berupa stimulus dan output yang berupa reaksi (respond). Stimulus adalah apa saja yang diberikan guru kepada pelajar, sedangkan respon berupa reaksi atau tanggapan pelajar terhadap stimulus yang diberikan oleh guru tersebut. Proses yang terjadi antara stimulus dan respon tidak penting untuk diperhatikan kerana tidak dapat diamati dan tidak dapat diukur. Yang dapat diamati adalah stimulus dan respon. Oleh sebab itu, apa yang diberikan oleh guru iaitu stimulus dan apa yang diterima oleh pelajar iaitu respon harus dapat diamati dan diukur. Teori ini mengutamakan pengukuran kerana pengukuran merupakan perkara yang penting untuk melihat terjadi atau tidak perubahan tingkah laku tersebut.

2.1 Teori Behaviorisme menurut J.B Watson

J.B Watson (1878-1958), seorang ahli psikologi di Amerika Syarikat, merupakan orang pertama mencipta istilah behaviorisme untuk menghuraikan tingkah laku manusia. Kajian banyak dipengaruhi oleh Teori Pelaziman Klasik Pavlov. Kajian beliau, yang terkenal ialah mengenai emosi kanak-kanak dengan menggunakan Model Pelaziman Klasik. Mengikut Watson, tingkah laku manusia merupakan reflex terlazim iaitu suatu gerak balas yang dipelajari melalui proses pelaziman klasik. Dengan kata lain, semua pembelajaran adalah pelaziman klasik Watson berpendapat gerakan-gerakan refleks yang mudah misalnya berkelip mata, bersin apabila hidung gatal dan sebarang tindakan yang dilakukan secara semulajadi adalah tingkah laku yang diwarisi dan tidak perlu dipelajari. Selain daripada tingkah laku, Watson pula menjalankan kajian tentang pembelajaran emosi semula jadi iaitu takut, marah, dan kasih saying. Emosi manusia atau perubahan dipelajari melalui proses pelaziman.

2.1.1 Implikasi Teori Pembelajaran J.B Watson

Menurut beliau, semua tingkah laku boleh dipelajari melalui proses pelaziman. Tingkah laku positif boleh diajarkan melalui ransangan yang sesuai. Seterusnya, untuk menguasai kemahiran menyelesaikan masalah, pelajar perlu belajar cara perhubungan gerak balas secara sistematik. Selain itu, teori ini memberi implikasi untuk mengukuhkan apa yang telah dipelajari dalam ingatan, latihan- latihan hendaklah dijalankan secara kerap. Dalam proses pengajaran,guru hendaklah menggunakan rasangan yang boleh memotivasikan murid untuk minat belajar dan mengelakkan pengunaan ransangan yang membawa kepada kesan negatif.

2.2 Teori Behaviorisme menurut Thorndike

Menurut Thorndike, belajar adalah proses interaksi antara stimulus dan respon. Stimulus adalah apa yang merangsang terjadinya aktiviti belajar seperti fikiran, perasaan, atau hal-hal lain yang dapat dikesan melalui pancaindera. Manakala, respon adalah reaksi yang muncul apabila peserta dididik ketika belajar, dan yang dapat pula adalah berupa fikiran, perasaan, gerakan atau tindakan. Jadi, perubahan tingkah laku akibat kegiatan belajar dapat dikategorikan sebagai konkrit, iaitu yang dapat diamati, atau tidak konkrit iaitu yang tidak dapat diamati. Meskipun aliran behaviorisme sangat mengutamakan pengukuran, tetapi tidak dapat menjelaskan bagaimana cara mengukur tingkah laku yang tidak dapat diamati. Teori Thorndike ini disebut pula dengan teori koneksionisme. Thorndike berjaya membentuk tiga hokum iaitu Hukum kesediaan, Hukum latihan, Hukum kesan. Hukum kesediaan merupakan keupayaan persiapan seseorang individu di dalam kendirinya untuk memulakan sesuatu aktiviti pembelajaran. Manakala hokum latihan pula menyatakan bahawa semakin byak latihan yang dijalankan semakin bertambah kukuh ikatan gerak balas yang tertentu dengan ransangan yang berkaitan. Hukum kesan menyatakan bahawa ikatan ransangan dengan gerak balas akan bertambah kukuh sekiranya individu memperolehi kesan yang memuaskan selepas gerak balasnya dihasilkan.

2.1.2 Implikasi Teori Pembelajaran Thorndike

Antara implikasi Teori Pembelajaran Thorndike ialah untuk meningkatkan tahap kesediaan belajar, guru harus menggunakan motivasi yang sesuai. Selain itu, ia juga dapat mengukuhkan pertalian antara ransangan dengan gerak balas pelajar dengan memperbanyak aktiviti latihan, ulangkaji, aplikasi serta pengukuhan dalam keadaan yang menyeronokkan. Seterusnya memberikan ganjaran atau peneguhan untuk respon antau gerak balas yang betul daripada pelajar. Memberi peluang kepada pelajar untuk menikmati kejayaan dalam pembelajaran mereka.

2.3 Teori Pembelajaran Behaviorisme Ivan Pavlov

Ivan Pavlov merupakan salah seorang daripada ahli teori Behavioris selain daripada Skinner, Thondike dan Watson. Beliau dilahirkan pada 14 September 1849 di Ryazan, Rusia Tengah. Beliau telah meninggal dunia pada 27 Februari 1936 di Leningrad Rusia ketika berusia 86 tahun. Ivan Pavlov merupakan ahli fisiologi, psikologi dan ahli fizik berbangsa Rusia. Sebagai seorang yang sangat mencintai bidang fisiologi beliau telah meminta seorang pelajar duduk di sebelah katilnya dan merekodkan perihal kematiannya. Beliau terkenal dengan orang pertama yang mendeskripsikan fonomena pelaziman klasik atau pelaziman responden. Teori pelaziman klasik adalah tentang tingkah laku pembelajaran yang telah dipelopori oleh Ivan Pavlov ( 1849-1936). Pada tahun 1980-an. Pavlov mengkaji fungsi pencernaan pada anjing dengan melakukan pemerhatian pada kelenjar air liur. Dengan cara itu, beliau dapat mengumpulkan, menyukat dan menganalisis air liur haiwan itu dan bagaimana ia dapat diberikan makanan pada keadaan yang berbeza. Beliau sedar anjing akan mengeluarkan air liur sebelum makanan sampai ke mulutnya dan mencari hubungan timbal balik antara air liur dengan aktiviti perut. Pavlov hendak melihat rangsangan luar dapat mempengaruhi proses ini. Oleh itu contoh paling awal dan terkenal bagi pelaziman klasik melibatkan pelaziman air liur pada anjing kajian Pavlov.

2.4 Teori Pembelajaran Behaviorisme B.F Skinner

Manakala menerusi B.F Skinner pula, beliau mengutarakan teori behaviorisme adalah teori. Menurut Nana Sudjana, 1990 pendekatan Skinner adalah operant conditioning, yang merupakan penerusan dan perluasan secara tepat dari hokum Thorndike. Ia mengakui adanya fenomena conditioning yang klasik dari Pavlov dalam perilaku manusia dan binatang, tetapi itu tidak dianggap terlalu penting.

2.4.1 Implikasi Teori Pembelajaran B.F Skinner

Sesuatu kemahiran atau teknik yang baru dipelajari hendaklah diberi peneguhan secara berterusan dan diikuti secara berkala supaya kemahiran atau teknik itu dapat dikukuhkan dan dikekalkan. Selain itu, penggunaan peneguhan positif yang membawa keseronokan adalah lebih berkesan daripada peneguhan negative yang membawa kesakitan. Seterusnya, prinsip penghapusan melalui proses pelaziman operan adalah sesuai digunakan untuk memodifikasikan tingkah laku pelajar yangtidak diingini, misalnya menghentikan peneguhan yang diberikan dahulu sama ada peneguhan positif atau negatif

2.5 Kelebihan teori pembelajaran behaviorisme

Kelebihan yang pertama yang kami perolehi melalui teori ini adalah teori ini sangat sesuai untuk melatih atau mendidik kanak-kanak yang masih memerlukan bantuan daripada orang dewasa di sekeliling mereka. Sebagai contoh kanak-kanak tadika memerlukan bimbingan dan perhatian yang khusus daripada orang di persekitarannya terutamanya guru-guru mereka kerana mereka mudah mengikuti apa yang diajar dan disuruh selain suka meniru perlakuan orang di sekelilingnya. Selain itu, mereka juga suka dengan bentuk-bentuk penghargaan yang diberi kepadanya seperti pujian dan melalui bentuk penghargaan tersebut ianya dapat membangkitkan semangat ingin belajar dalam diri mereka.

Kelebihan yang kedua adalah guru tidak perlu mengambil masa yang lama untuk memberi penerangan yang panjang tentang pembelajaran kepada murid-murid. Hal ini kerana murid-murid akan dibiasakan belajar dengan sendiri kecuali sekiranya murid menghadapi sesuatu masalah dan memerlukan penjelasan yang lebih daripada guru. Dalam hal ini guru perlu memberikan penerangan dengan jelas.

Selain daripada itu, teori ini juga menekankan kemahiran lisan berbanding kemahiran membaca dan menulis. Melalui aspek kemahiran lisan yang ditekankan dapat memberikan kelebihan kepada murid kerana aspek lisan iaitu mendengar dan bertutur penting dalam situasi harian murid. Boleh dikatakan bahawa kemahiran ini adalah kemahiran terkerap yang digunakan manusia untuk berkomunikasi antara satu sama lain.

2.6 Kelemahan Teori Behaviorisme

Dari segi kelemahan pula, penerapan teori behavioris yang kurang tepat dalam sesuatu situasi pembelajaran boleh mangakibatkan berlakunya proses pembelajaran yang tidak kondusif bagi murid-murid kerana pembelajaran berlaku dalam keadaan sehala dimana ianya berpusatkan kepada guru sahaja. Guru hanya mengajar dan melatih murid manakala murid hanya menerima apa yang diajar oleh guru mereka tanpa memberi sebarang maklum balas. Malah dalam teori pembelajaran ini murid berperanan sebagai pendengar dan mereka menghafal apa yang didengar dan dipandang sebagai cara belajar yang efektif. Penggunaan hukuman merupakan salah satu cara untuk guru mendisiplinkan murid dan hal ini akan mendatangkan akibat buruk kepada murid.

Kelemahan yang kedua ialah proses pembelajaran dikatakan kurang memberikan gerak balas yang bebas bagi pelajar untuk berinteraksi serta untuk mengembangkan idea. Hal ini kerana sistem pembelajaran tersebut lebih tertumpu kepada rangsangan dan gerak balas yang ditunjukkan. Sekiranya tiada rangsangan maka tindak balas tidak akan berlaku. Sebagai contoh, guru akan memberi rangsangan dalam bentuk hadiah dan daripada situ barulah murid akan memberikan jawapan yang dikehendaki oleh guru. Sekiranya perkara ini berlaku secara berterusan dikhuatiri murid akan terlalu bergantung terhadap rangsangan dari luar sedangkan murid harus memiliki rangsangan dari dalam diri mereka sendiri sebagai satu cara pembelajaran.

Kelemahan yang ketiga menurut teori ini adalah penambahan ilmu pengetahuan lebih tertumpu kepada buku teks. Hal ini kerana mereka belajar mengikut urutan kurikulum yang sangat ketat sehinggakan buku teks merupakan buku wajib dalam pembelajaran mereka malah mereka juga perlu dikehendaki memahami dan mempersembahkan kembali isi pembelajaran di dalam buku teks tersebut dengan baik. Hal ini boleh mendatangkan kesan buruk kepada pelajar kerana ilmu pengetahuan yang mereka peroleh tidak begitu berkembangan dengan hanya tertumpu kepada satu buah buku sahaja.

2.7 Implikasi teori pembelajaran behaviorisme

Yang pertama ialah guru perlu sedar bahawa kaitan antara rangsangan dan gerak balas boleh dilazimkan iaitu dipelajari. Sebagai contoh apabila guru ingin menyuruh murid-murid beratur ketika waktu rehat di kantin sekolah guru boleh mengaitkannya dengan cara untuk berjaya dalam kehidupan. Implikasi yang seterusnya ialah kaitan antara rangsangan dan gerak balasdapat dikukuhkan melalui latihan. Semakin kerap rangsangan itu dikaitkan dengan sesuatu gerak balas, semakin kukuh gerak balas terlazim itu. Sebagai contoh guru ingin murid-murid supaya tidak mengaitkan mata pelajaran matematik dengan kesukaran, dengan memberi mereka latihan- latihan yang mudah dan apabila mereka beransur mahir menyelesaikan masalah yang sukar maka guru bolehlah menukar aras pembelajaran kepada tahap yang sederhana sukar dan seterusnya ke aras pembelajaran yang sukar.

Di samping itu, dalam proses pembelajaran, generalisasi boleh berlaku. Ini bermakna perkara yang dipelajari dalam situasi A boleh dipindahkan ke situasi B. Sebagai contoh guru mata pelajaran sains mengaitkan kejadian pencemaran alam sekitar yang mengakibatkan kemusnahan alam semula jadi dengan kemusnahan alam yang berlaku seperti tsunami yang melanda Bandar Acheh.

faktor motivasi memainkan peranan yang penting bagi menghasilkan gerak balas yang diinginkan. Dalam hal ini pemberian ganjaran perlu diberi perhatian. Sebagai contoh ketika murid menjawab soalan yang diberikan oleh guru dengan betul maka guru boleh memberikan pujian kepadanya atau dengan memberikannya hadiah supaya pada waktu pembelajaran yang seterusnya pelajar tersebut akan lebih menumpukan perhatian di dalam kelas untuk memperoleh pujian yang diingini. Namun sekiranya pelajar tersebut tidak dapat menjawab soalan yang diberi maka guru perlulah membimbing pelajar tersebut supaya mereka tidak berasa terpinggir dan seterusnya dapat bersama-sama memahami tajuk pembelajaran pada ketika itu.

Selain itu juga, dalam proses pembelajaran tingkah laku yang dapat dilihat, diamati, diukur dan dikawal hendaklah diberi perhatian. Hal ini kerana melalui perubahan tingkah laku yang ditunjukkan oleh murid guru boleh mengambil sebarang tindakan sekiranya ianya di kesan lebih awal. Sebagai contoh sekiranya seseorang murid menunjukkan tingkah laku yang negatif seperti tidak faham tentang apa yang diajar oleh guru maka guru boleh membuat pemulihan terhadap dirinya. Dalam pembelajaran, penghapusan boleh berlaku jika peneguhan tidak diberikan. Ini bermakna, sekiranya sesuatu tingkahlaku tidak diperkukuhkan melalui ganjaran, tingkahlaku itu mungkin akan terhapus begitu sahaja. Konsep pemulihan serta-merta juga dapat membantu seseorang guru meningkatkan keberkesanan pembelajaran

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Research design essay help tips

2.7 RESEARCH DESIGN USED :

The conception of research design plan is the critical step in the research process. The design ,of the study constitutes the blue print for the collection, measurement and analysis of data. In other words the research design is a conceptual structure with in which,h research is conducted.

2.8 DATA COLLECTION METHODS :

Primary Data: – Primary data are those data which are collected for the first time, and thus hap,pen to be original in character. It is extracted with the help of discussions co,nducted with senior managers with respect to factors affecting the performance.,

Secondary Data: – Secondary data are those data which are already collected by someone else ,and which have already passed through the statistical process. These data are g,athered by Books, Lectures, Notes, and Official Websites etc.

The study make,s extensive use of secondary data. ‘Secondary data are those which have already,y been passed through the statistical process’. The data which is pre-essential for ,this study relating to comparative analysis of Balance Sheet and PROFIT AND L,OSS A/c was based on secondary source of data. This data will be collected fro,m materials provided by Rakshitas Pvt. Ltd., discussions conducted with store m,anagers and some essential

Financial Accounts books.

2.9 LIMITATIONS :,

‘ Data provided is very limited due to the subjectivity of it being highly confidential.,

‘ The data taken for interpretation is for a limited period.

‘ Assumptions, are to be taken into consideration while doing analysis and interpretation, of data.

‘ Due to limited, information, depth analysis could not be made.

2.10 RESEARCH MEASURE TOOLS :

Various financial techniques and statistical tools are used to measure the data used in the study. Column graphs, pie chart etc. is used to highlight the statistical inference,s. The study cannot be completed without balance sheet and profit and loss a/c. ,Therefore three years balance sheet and profit & loss a/c has been taken out for ma,king proper research.

2.11 ANALYSIS OF DATA :

The data collected is secondary, and it’s compiled, classified, tabulated and then analyzed u,sing financial techniques and statistical tools. Graphs and charts are used to hig,hlight the statistics. Based on this data and analysis, inferences are drawn accor,dingly.

2.12 OVER VIEW OF THE CHAPTER :

The Project I,s Presented in the following chapter :-

CHAPTER 1 : INTRODUCTION

This chapter includes introduction to finance, theorectical back ground for the study of the ,various performance, introduction to finance, definition of retail industry and di,fferent type of industry.

CHAPTER 2 : DESIGN OF THE STUDY

This chapter I,ncludes the projects introduction of the subject background, statement of the, problem, objectives of the study, scope of the study, need and purpose of study,, research methodology, research design, data collection method primary and seco,ndary data, limitations, research measure tools and analysis of data.,

CHA,PTER 3 : PROFILE OF THE COMPANY

This c,hapter contains the profile of the company, its origin and background, board of directors, number of branches and organization structure.

CHAP,TER 4 : DATA ANALYSIS AND INTERPRETATION

This ch,apter consists of Table, Graphs, Analysis and Interpretation based on the question,nairies.

CHAPT,ER 5 : SUMMARY OF FINDINGS, CONCULSIONS AND RECOM,MENDATIONS

This chap,ter includes findings based on objectives of the study, conclusion drawn from the f,indings and recommendations given from the analysis.

Chapter:-3

PROFILE OF THE ORGANIZATION

COMPANY PROFILE

RAKSHITAS PVT.LTD.

Rakshitas business con,cept is to offer a broad and varied range of apparels that allows customers to fin,d their own personal style to choose from more than 150 remiums national and int,ernational brands.

Rakshitas is aimed at everyone in the family with an interest in modern basics, fashion, quality and affo,rdable pricing. Customers should always be able to find clothes and accessories ,at Rakshitas for every occasion. The collections are extensive and new arrivals, being launched week after week in each of the 4 floors spread across 20,000 s,q. ft. for Men, Women, Kids and Teen’s casual wear, formal wear, denim wea,r, ethnic and Kancheevaram silks etc. The range and collections are supplemen,ted by matching costume jewellery, premium international watches, perfumes, ,lingerie’s.

Mission

Our mission is to achieve excelle,nce in the products and services we offer, in the methods we employ and in the res,ult we produce.

Products

Menswear: menswear,r means clothing for men. Rakshitas provide various brands for menswear which ,includes formal shirts, casual shirts, trousers, jeans etc. of several variety of int,ernational as well as national brands, for example: -levis, pepe jeans, killer, lee, w,rangler etc.

Women’s wear: Women’s wear means ,clothing for women. Rakshitas provides the best options for women’s apparel rang,ing from skirts to ethnic, casuals as well as formals.

Kids wear: Kids wear are meant only for kids or children ranging below age of 12 years. Rakshitas provides awesome collection for kids which include children formal wear, kurtas, shirt,s etc.

Party wear: Party wear dresses are meant for wearing in parties, functions, special occasions etc. Rakshitas provides variety ranges of party wear which includes lehngas, wedding dresses, traditional indian dress etc.

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Control and organisational behaviour (pengendalian dan perilaku organisasi) essay help us

PENGENDALIAN DAN PERILAKU ORGANISASI

PERILAKU ORGANISASI

Untuk membuat dasar yang nantinya dapat digunakan manajemen dalam menyusun system pengendalian manajemen, maka kita perlu mengetahui lebih dalam mengenai perilaku organisasi. Berikut ini adalah beberapa penjelasan mengenai teori akuntansi sebagai bentuk pemahaman terhadap organisasi.

Definisi Organisasi

Secara umum, organisasi diartikan sebagai sekumpulan orang yang melakukan kerjasama demi mencapai tujuan ‘ tujuan yang telah ditentukan bersama. Organisasi tercipta ketika orang ‘ orang bergabung dan melakukan sesuatu untuk berbagai tujuan dan organisasi dapat mencakup segala aspek dalam kehidupan. Organisasi dapat bersifat formal dan informal. Pekerjaan di dalam suatu organisasi dapat dibagi ‘ bagi dan dikoordinasi sesuai dengan kebutuhan dan keahlian tiap ‘tiap anggota organisasinya untuk mencapai tujuan organisasi tersebut. Suatu organisasi haruslah going concern, dalam arti organisasi tersebut diasumsikan akan hidup selamanya.

Teori Perilaku Organisasi (Theory of Organization Behaviour)

Ada beberapa teori yang menjelaskan mengenai mengapa dan bagaimana orang ‘ orang berperilaku dalam organisasi. Berikut ada dua penjelasan mengenai teori tersebut :

1. Teori jenjang kebutuhan

Teori ini menjelaskan bahwa setiap manusia memiliki kebutuhan yang banyak dan harus dipenuhi dan kebutuhan serta keinginan tersebut tersusun secara rapih, sehingga apabila ada satu kebutuhan terpenuhi maka setelah itu ia akan berusaha memenuhi kebutuhannnya yang lebih tinggi. Dalam teori ini tersirat bahwa system pengendalian manajemen juga didasarkan pada kebutuhan manusia yang terkoordinasi dan dilakukan sesuai dengan tujuan organisasi.

2. Teori motivasi pencapaian

Teori ini lebih mengacu pada perilaku atasan atau manajer dalam perannya saat berorganisasi. Untuk mencapai keberhasilan dan mendapat sebuah kekuasaan, maka manajer tersebut juga perlu memiliki keinginan yang kuat agar dapat menghasilkan prestasi dalam organisasi.

TEORI ORGANISASI

Pengetahuan yang dalam mengenai organisasi sangatlah diperlukan oleh para pelaku organisasi dalam pelaksanaan system pengendalian manajemen organisasi tersebut. Para pelaku organisasi harus benar ‘ benar mengetahui semua poin dalam organisasi termasuk sejarah organisasi, tujuan organisasi, bagaimana perilaku para pelakunya hingga reaksi organisasi tersebut terhadap lingkungan.

Tak berbeda dengan teori perilaku akuntansi, dalam teori organisasi juga terdapat banyak teori yang membahas mengenai organisasi. Dan disini akan dibahas mengenai dua teori juga tentang organisasi, yaitu :

1. Teori Organisasi yang Berorientasi ke Dalam

Banyak organisasi dianggap indepen dan tidak terlalu memperhatikan lingkungan luar oleh beberapa teori. Teori organisasi yang berorientasi ke dalam ini banyak dijadikan dasar oleh sebagian besar system pengendalian manajemen dalam suatu organisasi hal tersebut didasarkan karena dalam teori ini mencakup tanggung jawab dalam pengambilan keputusan yang berlaku menurut proyek ‘ proyek, program ‘ program serta komponen ‘ komponen fungsionalnya.

2. Teori Organisasi yang Berorientasi ke Luar

Teori ini adalah teori kebalikan dari teori sebelumnya yaitu teori organisasi yang berorientasi ke dalam. Teori ini beranggapan bahwa suatu organisasi selalu berhubungan dengan lingkungan di sekitarnya. Ada dua jenis organisasi yang menganut teori organisasi yang berorientasi keluar ini, yaitu :

– Organisasi system umum terbuka

– Organisasi system manajemen

TIPE ORGANISASI

Ada tiga jenis atau tipe organisasi, yaitu :

1. Organisasi Fungsional

Dalam tipe organisasi ini, penekanan lebih ditujukan kepada manajer yang sangat harus bertanggung jawab terhadap suatu fungsi tertentu, seperti fungsi produksi, fungsi pemasaran dan fungsi lainnya yang diterapkan dalam organisasi tersebut. Fungsi ‘ fungsi tersebut dapat dihimpun oleh fungsi yang lebih tinggi dalam organisasi itu juga. Organisasi ini berpotensi membuat efisiensi perusahaan yang lebih baik karena menggunakan masukan ‘ masukan dari manajerial yang lebih tinggi.

2. Organisasi Divisi

Dalam organisasi ini, semua manajer harus bertanggung jawab terhadap hamper keseluruhan fungsi dalam proses produksi serta distribusi lini pada organisasi tersebut. Orientasi organisasi divisi lebih terbuka yang berarti lebih menekankan bahwa para manajer harus peka terhadap pengaruh ‘ pengaruh yang dating dari luar yang mungkin dapat mempengaruhi kinerja organisasi.

3. Organisasi Matriks

Ada dua struktur organisasi dalam organisasi matriks, yaitu ditata berdasarkan fungsi dan ditata berdasarkan program. Pada organisasi matriks, para manajer bertanggung jawab penuh atas profitabilitas dari lini produk organisasi tersebut dimana proses produksi dilakukan oleh unit ‘ unit organisasi fungsional.

Teori Kemungkinan (Contingency Theory)

Untuk mengendalikan suatu manajemen menggunakan tiga macam pendekatan, antara lain :

1. Pendekatan tradisional

Pendekatan ini menekankan pada perencanaan, pendekatan dan pengendalian.

2. Pendekatan system

Pendekatan ini menekankan padapenggunaan sumber daya manusia sebagai pertimbangan dalam pengambilan keputusan.

3. Pendekatan perilaku

Pendekatan ini menekankan pada pengendalian manusia termasuk di dalamnya motivasi dan prediksi.

PERILAKU MANAJEMEN

Organisasi dan sistemnya yang rumit akan mempengaruhi perilaku manusia menjadi rumit pula.

Konsep Fundamental

Agar suatu organisasi ‘terkendali’ maka para anggota organisasi harus mengetahui dengan baik apa sebenarnya yang diinginkan oleh manajemen. Untuk merealisasikan hal tersebut, dapat menggunakan banyak informasi yang telah disediakan oleh manajemen organisasi seperti anggaran hingga kebijakan organisasi. Tujuan organisasi dibuat oleh para manajer senior dan dilaksanakan oleh manajer operasional untuk selanjutnya para manajer senior menerapkan system pengendalian manajemen untuk mengontrol organisasi tersebut.

Persepsi Tujuan

Para manajer operasional harus benar ‘ benar mengetahui apa tujuan organisasi. Para manajer operasional tersebut dapat secara mudah mendapatkan informasi ‘ informasi yang mereka butuhkan dari berbagai sumber baik dari dokumen maupun percakapan informal saja. System pengendalian manajemen yang efektif dapat menguatkan kepastian suatu perusahaan.

Organisasi Informal

Adanya organisasi informal di dalam organisasi formal sering menyebabkan adanya salah persepsi mengenai tindakan yang diharapkan. Hubungan pada organisasi informal tidak tercantum di dalam bagan organisasi, padahal hal tersebut cukup penting untuk pemahaman system pengendalian organisasi tersebut.

Motivasi

Reaksi pada pelaku organisasi terutama manajemen terhadap organisasi dapat berbeda tergantung pada motivasinya. Motivasi dapat bermacam ‘ macam, misalnya kenaikan gaji, promosi, pujian dan lain ‘ lain. Motivasi timbul dari dalam pribadi masing ‘ masing, tetapi motivasi dapat dipengaruhi oleh rangsangan dari lingkungan sekitarnya.

Keselarasan Tujuan (Goal Congruence)

Setiap manusia memiliki tujuan pribadi, begitu juga dengan organisasi yang juga memiliki tujuan bersama. Salah satu tugas penting system pengendalian adalah menyelaraskan kedua tujuan tersebut serta mencapainya demi mendapatkan kepuasan bersama. Semakin kuat hubungan antara tujuan pribadi dan tujuan organisasi, maka ssistem pengendalian organisasi tersebut akan semakin kuat juga.

Kerjasama dan Konflik

Suatu organisasi tidak akan berjalan dengan baik apabila para anggotanya tidak bekerjasama dengan baik secara terkoordinasi, untuk itu di dalam organisasi sangat dibutuhkan kerjasama yang terkoordinir dan selaras. Selain itu, organisasi juga harus menjaga koordinasi dan keselarasan tersebut agar tidak terjadi konflik yang dapat mengganggu kinerja organisasi. Konflik tersebut dapat terjadi karena berbagai alasan, salah satunya adalah dengan adanya persaingan didalam organisasi tersebut.

Iklim Organisasi (Organizational Climate)

Secara singkat, iklim organisasi dapat diartikan sebagai hasil kombinasi dari struktur formal dan struktur informal pada suatu organisasi. Dan menurut pemahaman saya iklim organisasi merupakan suasana di dalam organisasi dimana tiap pelaku organisasi di dalam organisasi saling membantu, saling menilai, dan memahami antara satu dengan yang lain. Iklim organisasi ikut mengambil bagian penting dalam organisasi. Keduanya saling mempengaruhi satu sama lain.

Tipe Pengendalian

Pelaku pengendalian Sumber arah pengendalian Macam ‘ macam Pengendalian

Ukuran prestasi dan tingkah laku Isyarat untuk tindak koreksi Imbalan untuk prestasi Hukuman untuk kegagalan

Organisasi formal Rencana organisasi, strategi, tanggapan atas persaingan Anggaran, biaya standar, target penjualan penyimpangan Penghargaan manajemen, insentif uang, promosi Minta penjelasan

Kelompok informal Keterikatan bersama cita’cita kelompok Norma-norma kelompok penyimpangan Pengakuan rekan, keanggotaan, kepemimpinan Ejekan, pengasingan, permusuhan

Perorangan Tujuan pribadi, aspirasi Harapan pribadi, target antara Dugaan akan kegagalan di masa yang akan dating, target tak tercapai Kepuasan karena ‘terkendali’ kegembiraan Merasa gagal

Sumber : Disarikan dari Gene W. Dalton dan Paul R. Lawrence, Motivation and Control in Organizations (Homewood, III. : Richard D. Irwin, 1971). Hak Cipta 1971 oleh Richard D. Irwin Inc.

Variasi dalam Pengendalian

Hakekat system pengendalian manajemen dibedakan menurut sifat pekerjaan, macam organisasi, lingkungan daan peran manajer. Berikut adalah tiga dimensi yang perlu diperhatikan dalam penggunaan dan pengembangan system pengendalian manajemen :

1. Besar keleluasaan manajemen

2. Besar interdependensi

3. Rentang waktu pelaksanaan

FUNGSI KONTROLER

Kontroler dapat diartikan sebagai petinggi atau pejabat yang bertanggung jawab atas apa yang telah direncanakan oleh organisasi dan bagaimana pengoperasiannya. Tanggung jawab para kontroler berbeda ‘ beda di tiap organisasi bahkan di tiap divisinya. Tanggung jawab kontroler didasarkan pada posisinya masing ‘ masing. Tanggung jawab tersebut dilaksanakan secara langsung. Selain tanggung jawab dalam perencanaan dan pengoperasian tersebut, berikut ini adalah fungsi lain dari kontroler :

a. Menyiapkan laporan kepada pihak pemerintah serta pihak ‘ pihak luar lainnya.

b. Mempersiapkan pengembalian pajak.

c. Mempersiapkan dan melakukan analisa terhadap laporan prestasi keuangan.

d. Membantu para manajer dengan cara melakukan analisa sertab menafsirkan laporan ‘ laporan tersebut.

e. Menggunakan prosedur pemeriksaan intern dan pengendalian akuntansi, memastikan validitas informasi, menetapkan usaha perlindungan yangcukup terhadap berbagai penyimpangan serta melakukan pemeriksaan operasional.

f. Melakukan pengembangan kepada orang ‘ orang yang ia pimpin serta berperan langsung dalam penambahan pengetahuan mengenai fungsi kontroler

g. Mengadakan manajemen kas, asuransi serta kegiatan ‘ kegiatan lainnya demi pengamanan kekayaan perusahaan.

Hubungan dengan Organisasi Lini

Kontroler juga memiliki hak untuk membuat kebijakan ‘ kebijakan dalam organisasi. Namun keputusan ‘ keputusan tersebut merupakan realisasi pelaksanaan kebijakan ‘ kebijakan yang telah dibuat oleh manajer lini. Dengan kata lain, terdapat keselarasan antara kedua belah pihak. Hal tersebut tentunya sangat baik untuk menjaga kelancaran jalannya organisasi tersebut.

Kontroler Divisi

Kebanyakan perusahaan atau organisasi membagi organisasinya tersebut menjadi beberapa divisi yang dikepalai oleh seorang manajer. Manajer divisi tentu juga memiliki kontroler divisi. Dalam hal ini, kontroler divisi harus patuh kepada manajer divisi dan juga kontroler perusahaan yang terkadang beda kepentingannya. Penilaian prestasi terhadap kontroler divisi dapat dilakukan dengan menilai beberapa poin, antara lain :

– Laporan akuntansi dan keuangan

– Pengetahuan mengenai operasi divisi

– Sasaran dan pelaksanaan kepatuhan terhadap kebijakan

– Kontribusi manajemen

– Pengetahuan terhadap akuntansi

– Kejujuran dan profesionalisme

– Kemauan bekerjasama

– Organisasi dan staf

– Inisiatif dan semangat

HUBUNGAN LINI-STAF

Seorang manajer divisi dapat dikatakan tidak memiliki staf maupun asisten pribadi. Manajer tersebut mendapatkan bantuan dari :

1. Tenaga yang ditugaskan untuk membantunya dari staf umum, insinyur serta petugas pembelian

2. Staf pusat yang dapat dimintai bantuan kapan saja sebanyak mungkin.

HUBUNGAN MANAJER DIVISI ‘ KONTROLER

Untuk mencapai kesuksesan organisasi dalam hubungannya dengan manajer divisi, maka organisasi perlu membina kerjasama yang baik dan solid di tiap ‘ tiap manajemen. Berikut merupakan beberapa factor yang dapat mempengaruhi hubungan baik adalah :

1. System akuntansi yang seragam dan terpusat

2. Sasaran ‘ saasaran keuangan yang telah ditetapkan sebelumnya untuk tiap ‘ tiap divisi.

(Pertumbuhan penjualan serta besar laba penjualan)

3. Pembagian laba antara kontroler dan manajer

SISTEM AKUNTANSI

Selain memiliki tanggung jawab dalam perencanaan dan pengoperasian organisasi, divisi kontroler juga memiliki kewenangan atas system akuntansi yang akan digunakan oleh organisasi tersebut termasuk di dalamnya menetapkan cara dan jenis pos ‘ pos yang harus mereka awasi. Sistem akuntansi dijadikan dasar dalam penyusunan laporan keuangan beserta analisisnya.

SASARAN ‘ SASARAN DIVISI

Seperti yang telah disebutkan pada bagian sebelumnya, perusahaan atau organisasi memiliki sasaran keuangan, yaitu pertumbuhan penjualan dan tingkat laba. Tingkat laba dalam organisasi atau perusahaan ditetapkan sebaga persentase penjualan. Berikut ini adalah beberapa factor penentu target laba penjualan :

1. Kemungkinan pematenan produk

2. Besar laba atas investasi yang diinginkan

3. Besar laba industry bersangkutan

4. Besar laba investasi bersangkutan

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Business notes: Creative problem solving medical school essay help

1 Unit 1 – Creative problem solving

1.1 Introduction

A business leader is expected to identify problems, implement solutions and find business opportunities. To do so, they must learn to plan, analyse situations, identify and solve problems (or potential problems), make decisions, and set realistic and attainable goals for the business/unit. These are the fundamental thinking/creative requirements for leadership, and these set direction to a successful future. Without this critical competence, you will have to rely on others to do your thinking for you, or you will simply have to learn to nurture your creative thinking skills which will help you on your journey towards successful business.

Creative thinking forms part of this continuous problem solving process, and is the fundamental basis for facilitating in the development of solutions, new initiatives, products or services. In an entrepreneurial context, the end result of this process should be directly linked to a feasible opportunity in the market environment.

Quote – What lies behind us and what lies before us, are tiny matters, compared to what lies within us. – William Morrow

The creative problem solving process consists of the following four steps:

‘ Problem analysis

‘ Solution analysis

‘ Decision analysis

‘ Solution implementation

1.2 The process

The creative problem solving process consists of an important core process, namely the idea generation process see figure 1. This is an important step, especially if you need to come up with creative ideas for products, services, and processes, to solve a consumer problem. The idea generation process consists of the following four steps:

‘ Step 1 – Generating ideas

‘ Step 2 – Developing ideas into a concept

‘ Step 3 – Converting a concept into a tangible or intangible product

‘ Step 4 – Finally protecting the tangible or intangible product

Figure 1 – The process of creative thinking (idea generation)

Initially you need to understand the problem and find the root cause of the problem. Many techniques are available to find the causes of problems, you can use the 5 Why technique in this case, if you are familiar with it. The more advanced courses will describe how to use the major problem identification techniques, but this course will focus on the idea generation process.

1.3 Where to start

In the entrepreneurial phase, the best way to start the idea generation process is when you are required to come up with a new product or service, to identify a potential consumer problem. Initially, focus on identifying problems in the area of your expertise (your knowledge base).

If you have no knowledge of the problem, the product development stage could be a challenge for you.

You will learn in the next section that not all problems are opportunities, and entrepreneurs should be careful as to how they approach this stage, when generating ideas in trying to identify a new product or service.

1.4 Problem versus opportunity

In most cases, the idea-generation phase in the creative problem solving process is neglected. Individuals normally identify a problem or an opportunity (which may seem like an opportunity, but is actually just an idea), and then develop a new product in line with the new assumed idea or opportunity. It is therefore important to distinguish between an idea and an opportunity. Resources may be wasted if a mere idea is incorrectly perceived as an opportunity.

Any opportunity is initially problem based (e.g. a coffee shop in a destination where there is a lack thereof, this creates several problem situations and potentially feasible opportunities for the entrepreneur). The creative thinking (idea generation process) involved, is the means to solving these problems, and bring forth solutions to the market problems, which create further opportunities.

1.4.1 Difference between problem and opportunity

There is, however, a critical difference between a problem and opportunity. Consider the following:

‘ Is it an idea or an opportunity to develop a high speed train between two major cities which are not far from each other? Some may say it is a great idea, but when you need to pay R200 a day to make use of it, it is simply not an opportunity. Only a few people would make use of the service, resulting in a negative impact on the market.

‘ If it is possible to transport people between the two cities for a lower cost, say R10, it would possibly be a more feasible opportunity.

Here is a good example of an opportunity – Around the turn of the twentieth century, a shoe manufacturer sent a representative to Africa, to open up a market in the undeveloped area in that continent. After exploring the culture for a month, the rep sent a telegram to the home office shouting,

‘Disaster! Disaster! These people do not wear shoes. Bring me home immediately!’

A short time later, another shoe company sent their agent to Africa for the same purpose. A month later his home office also received a telegram:

‘Opportunity! Opportunity! These people do not wear shoes! Triple production immediately!’

Quote – Every situation contains the potential for disastrous problems or unprecedented success. The event is what we perceive it to be. Unknown

Now the question arises: How do I distinguish between an idea and an opportunity? Looking at above examples, every problem is not an opportunity, and it really depends at how you are looking at the problem. If you see a viable opportunity in a problem then you are looking at the problem with a different perception than most people (the glass is half full or half empty). From a business perspective all opportunities are not necessarily a viable opportunity, the market determines the available opportunities. Without the knowledge to interpret the market conditions, you could miss it totally in terms of your opportunity analysis.

Table 1 shows the different industries in South Africa, the level of entrepreneurial activity, and how the same opportunity differs in each of these market areas.

1.4.2 The global entrepreneurship monitor

The Global Entrepreneurship Monitor ‘ specifically identified the entrepreneurial activity in the various industries of South Africa. It can be generalized to state that an industry with a high level of entrepreneurial activity, gives away more business opportunities (e.g. manufacturing, retail, hotel, restaurant and business services), while one with a lower level will indicate far less opportunities (e.g. agriculture, forestry, hunting, fishing, finance, insurance, real estate and health, education and social services).

If we analyse just one ‘high-opportunity’ industry, for instance manufacturing, it may be an opportunity today to manufacture a final product, and export it to an international market. A ‘low-opportunity’ industry, for instance insurance (especially in the market entry phase), may be negative as having an extremely high crime rate and insurance companies have to pay out claims at an alarming rate. It is also evident that low-opportunity industries may create feasible opportunities.

An entrepreneur should therefore be wary of following a fad, (latest trend) and exploiting assumed opportunities in a ‘popular’ industry.

Percentage of Entrepreneurs

ISIC Category Start-ups New Firms Total

Agriculture, forestry, hunting, fishing 1,3 2,6 1,6

Mining, construction 9,7 5,0 4,1

Manufacturing 14,3 19,1 13,8

Transport, communications, utilities 9,8 0,7 8,0

Wholesale, motor vehicle sales, repairs 6,0 6,5 6,3

Retail, hotel, restaurant 40,8 47,7 43,5

Finance, insurance, real estate 0,3 5,2 1,4

Business services 10,1 7,9 9,4

Health, education, social services 2,6 0,7 2,3

Consumer services 11,0 3,5 9,7

Source: Driver. Wood, Segal & Herrington, 2001

Table 1 – The percentage of entrepreneurs in the different industries in South-Africa

1.4.3 What is an opportunity?

What exactly is an opportunity and how does an entrepreneur exploit a feasible opportunity? According to Hesrich & Peters (2002), an opportunity is the process whereby the entrepreneur assesses whether a certain product, service or process, will yield the necessary earnings based on the resource inputs that are required to manufacture and market it.

The nature of opportunities needs to be assessed – thus, what leads to the existence of an opportunity? The following factors may result in an opportunity:

‘ General and specific problems faced by consumers

‘ Market shifts

‘ Government regulations

‘ Competition

There are two equally important criteria in the assessment of an opportunity. Firstly, the size of the market – will the number of customers reward the input and energy required, to create and deliver the product?

Secondly, the length in terms of the frame of the opportunity (window of opportunity). For example, is the demand for this product only a short fashionable phenomenon or is it based on sustainable business, or how long will it take before someone else (a competitor), to grab the opportunity?

These two aspects should also link directly to the personal skills and competence of the entrepreneur. For example, entrepreneurs with no skills or interest in information technology will not necessarily achieve their personal goals. They should rather venture into an opportunity which suits their experience and personality.

1.4.4 Transform opportunity into a business

Table 2 shows how the development of a business plan links to the identification and evaluation of opportunities, the determination of the resources required and the eventual management of the enterprise. All of these factors play a significant role in the correct assessment of the business opportunity.

This means that the business plan must explain in sufficient detail how the business will exploit the situation, to transform the opportunity, into solving a problem for the consumer, which generates extraordinary profits for the people involved.

Identify and evaluate the opportunity Develop the business plan Determine the resources needed Manage the enterprise

Creation and length of opportunity

Real and perceived value of opportunity

Risk and returns of opportunity

Opportunity versus skills and goals

Competitive situation Title page

Table of contents

Executive summary

Description of business

Description of industry

Marketing plan

Financial plan

Production plan

Organisational plan

Operational plan

Summary

Appendices Existing resources of the entrepreneur

Resource gap and available supplies

Access to needed resources Management style

Key variables for success

Identification of problems and potential problems

Implementation of control systems

Source: Hisrich, R.D. & Peters, M.P. 2002: 40. Entrepreneurship. Boston: Irwin/McGraw-Hill.

Table 2 – Link between Opportunity and business plan

1.5 Instruction

Exit and resume to your current page.

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The importance of employee engagement in an organization college admission essay help houston tx

1.4 Literature Review

Mark Kilsby and Stephen Beyer (1996) ‘ Engagement and Interaction : A comparison between supported employment and acts’. This research study was conducted with the help of interaction and commitment patterns of 13 supported employees and 38 regular adult training center attainders of the organization. Direct observation was used as method of data collection, within the 13 employment sites and a representative sample of ATC organized activities. Because of the higher level of task specific dialogue between individuals and the service of the organization it is found that there is more of social interaction in ACT. Interaction of employees with public within office hours was the cause for this as per the study conducted.

Douglas R. May, Richard L, Gilson and Lynn M . Harter (2004) ‘The Psychological Conditions Of Meaningfulness ,Safety And Availability And The Engagement Of The Human Spirit At Work’. This shows the study about a U.S western company which explored the determinants and mediated the effects of tree psychological conditions they are meaningful, safe and available. The above studies shoes that all the three factors (meaningfulness, safety and availability) have a positive relation with the engagement of an employee in the organization. In other words they are completely associated with the psychological safety where as loyalty to co worker norms and self- consciousness are negatively related.

Despoina Xanthopaolou, Arnold B, Bakker, Evangelia Demerouti and Wilmar B.Schaufeli (2009) ‘Work Engagement And Financial Returns : A Diary Study On The Role Of The Job And Personal Resources’. The above study shows that how daily fluctuations in job can affect the level of personal resource , financial returns and work engagement. Different level of analysis revealed that day level job resources had an effect on work engagement through the day level personal resources. When there was a control for the general level of personal resources and organizational engagement Day level work engagement showed a positive way towards day level training, which in turn showed the financial returns.

Dan-Shang Wang and Chia ‘Chun Hsieh (2013) ‘The Effect Of Authentic Leadership On Employee Trust And Employee Engagement’ they have examined the genuine leadership on employee engagement through employee trust. They have collected data from 386 employees from top 1000 manufacturing companies and top 500 service companies in Taiwan. Hierarchical multiple regression was used to test the hypothesis on the employees. Later on the results shows that the consistency between the supervisors , words and actions as well as their moral perceptions are optimistically related to employee engagement , when only supervisors are consist between the words and actions in positively related employment trust. The study shows how employee engagement had a positive trust on employee. Employee trust has a partial link between authentic leadership and employee engagement.

Benjamin J.C, Yuan and Michael B.H. Lin (2012) ‘Transforming Employee Engagement Into Long-Term Customer Relationships: Evidence From Information Technology Salespeople In Taiwan’. This article shows that when information sales people in Taiwan have perceived more transformational leadership and they were more expected to show increased development in work engagement. Over a period of time it was found that increased development in work engagement influenced the increased customer relationship. It showed how employee engagement is indirectly co related with customer relationship.

Xander M.Bezuijen, Karen Van Dam, Peter T . Van Den Berg and Henk Thierry (2010) ‘How Leaders Stimulate Employee Learning : A Leader ‘ Member Exchange Approach’. This study investigated how the three factors as such as leader member exchange, goal setting, and feedback are related to employee engagement in the learning activities. Here, two different mechanisms were proposed , first one a mediating mechanism telling that leader member exchange shows specific leader behavior. The second one is it as a moderating mechanism , holding that leader member exchange will strengthen the effect of leader behavior from 7 organizations a sample of 1112 employees was taken , to measure the leader member exchange approach. 233 of the direct leaders answered that they find difficulty in rating employee engagement in learning activities.

Maureen F.Dollard and Arnold B. Bakker (2010) ‘Psychosocial Safety Climate As A Precursor To Conducive Work Environment , Psychological Health Problems , And Employee Engagement’. This article shows the gap between work psychology and psychosocial working condition. Where we construct a psychosocial working condition PSC. It explains how PSC influences the senior management in psychological working conditions and in psychological health and engagement. They use the job demand and resources as a frame work and uses a multi level thinking into their explanation

James R.Jones (2009) ‘Comparative Effects On Race/Ethnicity And Employee Engagement On Withdrawal Behavior’. This study have added knowledge on the basis of effects on employee attachment. In addition to that it provides more evidence on looking at all types of employees as a single entity which can lead to false results.

Shane Crabb ( 2011) ‘The Use Of Coaching Principles To Foster Employee Engagement’. The above article focuses on the human condition that leads to the happiness of fulfillment and flourishing of employee engagement. Where positive psychology results in so many questions from traditional psychological approaches .Which have mean to focus on a different model of human functioning with healing people fail. In another way positive psychology takes additional holistic approach to human life. Seeing the positive and negative aspects of context when establishing what is right , working and good of people.

Roberta A . Neault and Deidre A .Pickerel (2011) ‘Career Engagement : Bridging Career Counseling And Employee engagement’ . this article is showing that employee counselors helps individuals in maximizing their career engagement at any career stage of an individual. When you facilitate career engagement it contributes to employee engagement which employee are looking for. They even encourages others to use the career engagement and employee engagement models as vehicles to combine the employers to interest in engagement counselors to create interest in supporting the development of employee an motivate them to work.

2.1 Title: A Cross Sectional Study Of Employee Engagement In Apollo Hospitals.

2.2 Objectives:

1. To determine the level of Employee Engagement in Apollo Hospitals.

2. To identify the factors of Employee Engagement.

3. To analyze and suggest strategies for improvement.

2.3 Research Methodology:

I had adopted descriptive research design for the purpose of this

Survey on employee engagement. The primary data was collected from the 100 employees conveniently selected from Apollo Hospitals Bangalore, through structured questionnaire.

2.4 Limitations:

1) The survey was carried out for a sample sized of 100 working staff only.

2) Findings and suggestion of this research are applicable only to Apollo Hospitals.

3) As an fact finding study advanced statistical tools or analysis are not used.

Table 1.1 Weighted Average on Opportunities for growth

X 1 2 3 4 5

I have adequate opportunities for professional growth in this organization. (X1) 10 20 32 19 19

I receive the training I need to do my job well.(X2) 2 52 22 16 08

My manager is actively interested in my professional development and advancement.(X3) 32 21 12 18 17

My manager encourages and supports my development (X4) 08 10 40 18 24

I am encouraged to learn from my mistakes (X5) 52 23 16 04 05

My work is challenging, stimulating, and rewarding(X6) 28 14 33 16 09

X1 ?? XI X2 ?? X2 X3 ?? X3 X4 ?? X4 X5 ?? X5 X6 ?? X6

10 50 2 10 32 160 08 40 52 260 28 140

20 80 52 208 21 84 10 40 23 92 14 56

32 96 22 66 12 36 40 120 16 48 33 99

19 38 16 32 18 36 18 36 04 08 16 32

19 19 08 08 17 17 24 24 05 05 09 09

TOTAL 283 TOTAL 324 TOTAL 333 TOTAL 260 TOTAL 413 TOTAL 336

Table 1.2 Calculation Of Weighted Average on Opportunities for growth

283/100 2.83 324/100 3.24 333/100 3.33 260/100 2.60 413/100 4.13 336/100 3.36

RANKED 6 RANKED 4 RANKED 3 RANKED 5 RANKED 1 RANKED 2

Table 1.3 Showing The Rank Of Each Component of Opportunities for growth

INFERENCE

The above table shows that the employees are encouraged to learn from their mistakes that is 4.15 out of 5.the work is stimulating rewarding and challenging is ranked 2nd.the manager is actively interested in employees professional growth is

ranked 3rd.the level of opportunity for professional growth shows the least ranking.

Table 1.4: Showing Adequate Opportunities/ Professional growth

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

10 20 32 19 19 100

Chart 1.1: Showing Adequate Opportunities/ Professional growth

Interpretation:

32% of the employees from the given population says that they have a neutral opportunity to grow where as 10 % stands in the outstanding category and 20% of them in good category. An equal no of employees disagree to the fact in the other hand that is 19% of the given population.

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

2 52 22 16 8 100

Table 1.5: Showing Training

Chart 1.2: Showing Training

Interpretation:

In the given sample 52% of the employees agrees to the fact that they receive good training in order to do their job efficiently and 2% strongly agrees. where 22 % is neutral to the situation given.16 % of them do not get proper training they required to do their jobs and 8 % strongly disagree to it. It is clear that the organization is giving a proper training to employees to make their work effective.

Table 1.6: Showing Professional Development And Advancement

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

32 21 12 18 17 100

Chart 1.3: Showing Professional Development And Advancement

Interpretation:

Most of the employees agree that their manager takes attention in their professional development steps. 32 % to 25 of the employees from the given sample have strongly agreed and agreed to it respectively. whereas 12 % is neutral to it . but 18% to 17% disagrees and says that they are not taken care in respective of their advancement in profession.

Table 1.7: Showing Encouragement And Support

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

8 10 40 18 24 100

Chart 1.4: Showing Encouragement And Support

Interpretation:

From the above graph its clear that 40% of the employees neither agree or disagree that management encourage them or support them. 8% to 10% agrees that they have been supported by the management . but 18 % to 24 % disagree to the fact that management supports them .

Table 1.8: Showing Challenges, Stimulation And Reward

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

52 23 16 4 5 100

Chart 1.5: Showing Challenges, Stimulation And Reward

Interpretation:

More than half , 52% of the employees states that they have a challenging stimulating and rewarding work. A very few of them disagree to it 4 % to 5% . and 23 % of them agrees t it there is a majority of people agreeing to it.

Table 1.9: Showing Encouragement

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

28 14 33 16 9 100

Chart 1.6: Showing Encouragement

Interpretation:

There is a 28% of people agreeing to it. And 16 % to 9 % disagreeing to the fact that they are not encouraged to learn from their mistakes .

Table 1.10: Showing Weighted Average on Work/Life Balance; Stress and Work Pace

X 1 2 3 4 5

My manager understands the benefits of maintaining a balance between work and personal life. (X1) 02 13 08 48 29

My job does not cause unreasonable amounts of stress in my life. (X2) 30 13 08 48 29

The amount of work I am asked to do is reasonable. (X3) 40 20 12 14 14

I am able to satisfy both my job and family/personal responsibilities. (X4) 27 12 08 09 44

X1 ?? X1 X2 ?? X2 X3 ?? X3 X4 ?? X4

02 10 30 150 40 200 27 135

13 52 13 52 20 80 12 48

08 24 08 24 12 48 08 24

48 96 48 96 14 28 09 18

29 29 29 29 14 14 44 44

TOTAL 211 TOTAL 351 TOTAL 370 TOTAL 269

Table 1.11: Showing Calculation Of Weighted Average on Work/Life Balance; Stress and Work Pace

Table 1.12: Showing The Rank Of Each Component of Work/Life Balance; Stress And Work Pace

211/100 2.11 351/100 3.51 370/100 3.7 269/100 2.69

RANKED 4 RANKED 1 RANKED 2 RANKED 3

INFERRENCE

By analysing the given data using weighted average method that the level of stress reduced in the employees is 3.51 out of 4 , and the amount of work the employee is asked to do is 3.7. the employee is able to balance between family and personal responsibility is 2.69 . the managers understanding in the benefits and maintaining balance between work and personal life should be taken care because it is got only 2.11 which have least rank

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

2 13 8 48 29 100

Table 1.13: Showing Work/Life Balance; Stress And Work Pace Balance Between Work And Personal Life

Chart 1.7: Showing Work/Life Balance; Stress And Work Pace Balance Between Work And Personal Life

Interpretation:

Only 2% of the employees says that there is a balance between work life and personal life. 13% of them agrees to it and 8% is neutral to it.but 48% of the sample disagrees and 29 % of them strongly disagrees to it.

Table 1.14: Showing Stress Level In Employees Life

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

30 13 8 48 29 100

Chart 1.8: Showing Stress Level In Employees Life

Interpretation:

30% of the employees strongly agrees that the job doesn’t cause much stress where 13% of them agrees and 8% is neutral to it. But 48%of them disagree nd 29% strongly disagrees and states that job causes stress in their life.

Table 1.15: Showing Amount Of Work Asked To Do

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

40 20 12 14 14 100

Chart 1.9: Showing Amount Of Work Asked To Do

Interpretation:

40% of them strongly agrees that they have sufficient amount of work and they do not feel any stress where 20 % of them agrees. 12% of the sample is neutral.14% of them disagrees they don’t have suffient amount of work or they are overloaded with the work given.

Table 1.16: Showing Satisfying Family / Personal Responsibilities

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

40 20 12 14 14 100

Chart 1.10: Showing Satisfying Family / Personal Responsibilities

Interpretation:

44% of them strongly disagree that they are not able to complete their job, family and personal responsibilities. 27 % to 12 % agrees to it and 8% is neutral to that. It shows that employees are not satisfied with the amount of work given to them.

Table 1.17: Showing Weighted Average on Personal Expression / Diversity

X 1 2 3 4 5

My ideas and opinions count at work. (X1) 03 18 19 32 28

I am comfortable sharing my opinions at work. (X2) 10 08 28 42 12

We work to attract, develop, and retain people with diverse backgrounds. (X3) 10 13 09 56 12

Senior management is genuinely interested in employee opinions and ideas. (X4) 24 23 36 07 10

People with different ideas are valued in this organization. (X5) 20 18 40 13 09

Table 1.18: Calculation Of Weighted Average on Personal Expression / Diversity

X1 ?? X1 X2 ?? X2 X3 ?? X3 X4 ?? X4 X5 ?? X5

3 15 10 50 10 50 24 120 20 100

18 72 08 32 13 52 23 92 18 72

19 57 28 84 09 27 36 108 40 120

32 64 42 84 56 112 07 14 13 26

28 26 12 12 12 12 10 10 09 09

TOTAL 234 TOTAL 262 TOTAL 253 TOTAL 344 TOTAL 327

234/100 2.34 262/100 2.62 253/100 2.53 344/100 3.44 327/100 3.27

RANKED 5 RANKED 3 RANKED 4 RANKED 1 RANKED 2

Table 1.19: Showing The Rank Of Each Component of Personal Expression / Diversity

INFERRENCE

By analysing the above table it shows that senior management is interested in personal opinions which shows the rank 1. And people with different ideas are valued in the organisation are considered 3.27 out of 5. Employees are free to share their ideas 2.62. the employees work in such a manner to attract and retain others 2.53 ,which has got the 4th rank. Ideas counted at work has got the least rank where they have to work on that part.

Table 1.20: Showing Idea And Opinion Count

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

3 18 19 32 28 100

Chart 1.11: : Showing Idea And Opinion Count

Interpretation:

Only 3% of the employees agree that the management listens to their ideas and opinions. 18% of them agree to it as well. 19 % is neutral to the situation. Whereas there is a huge no of the sample size that is32% to 28% who is disagreeing to it. Their opinions and ideas are not taken seriously by the management.

Table 1.21: Showing Level Comfort in Sharing Opinions

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

10 8 28 42 12 100

Chart 1.12 : Showing Level Comfort in Sharing Opinions

Interpretation:

The conducted shows that onl10% to 8% employees are comfortable in sharing their problems with the upper management. Rest of the sample that is 42% is disagreeing that they are not comfortable in sharing their ideas or problems.12% of them strongly disagrees.

Table 1.22: Showing The Work They Do Is To Attract , Develop And Retain

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

10 13 9 56 12 100

Chart 1.13: Showing The Work They Do Is To Attract , Develop And Retain

Interpretation:

56% of the employees disagrees that they don’t work to attract ,develop or retain customers. Where 10% to 13% agrees to the statement . a little sample size of 12% strongly disagrees to the statement .

Table 1.23: Showing Senior Management Interest In Employee Opinion And Ideas

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

24 23 26 7 10 100

Chart 1.14: Showing Senior Management Interest In Employee Opinion And Ideas

Interpretation

The management shows interest in taking employees ideas and opinions.24% of them agrees and 23% of the strongly agrees to the statement. A huge sample ,36% id neutral to the statement. But a little sample, 7% to 10% disagrees to the statement.

Table 1.24: Showing People With Different Ideas Are Valued

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

20 18 40 13 9 100

Chart 1.15: Showing People With Different Ideas Are Valued

Interpretation:

20% to 18% of the employees agree that people with different ideas are well accepted in the organization. 40% to the employees are neutral to the statement. 13 % to 9% of the sample disagrees to the statement on the other hand.

Table 1.25: Showing Weighted Average On Compensation

X 1 2 3 4 5

I am paid fairly for the work I do. (X1) 19 42 12 25 2

My salary is competitive with similar jobs I might find elsewhere.(X2) 32 12 28 23 5

My benefits are comparable to those offered by other organizations.(X3) 8 29 28 32 3

I understand my benefit plan. (X4) 42 15 19 9 15

I am satisfied with my benefit package. (X5) 58 12 11 6 13

Table 1.26: Calculation Of Weighted Average On Compensation

X1 vX1 X2 ?? X2 X3 ?? X3 X4 ?? X4 X5 ?? X5

19 95 32 160 08 40 42 210 58 290

42 168 12 48 29 116 15 60 12 48

12 36 28 84 28 84 19 57 11 33

25 50 23 46 32 64 09 18 06 12

02 02 05 05 03 03 15 15 13 13

TOTAL 351 TOTAL 343 TOTAL 307 TOTAL 360 TOTAL 396

Table 1.27: Showing The Rank Of Each Component Of Compensation

351/100 3.51 343/100 3.43 307/100 3.07 360/100 3.60 396/100 3.96

RANKED 3 RANKED 4 RANKED 5 RANKED 2 RANKED 1

INFERENCES

The above table shows that the employees are satisfied with the benefit package they are given 3.96 out of 5.the employees understand their plan is 3.60. the fair pay is ranked 3rd.the employees salary is competitive with others is ranked 4th. The salary is not comparable with salary with others which has been ranked the least, rank 5.

Table 1.28: showing Fair Pay

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

19 42 12 25 2 100

Chart 1.16: Showing Fair Pay

Interpretation:

19% to 42% of the Employees agree that they are paid fairly according to the amount of work they do. But 25% to 2% of the sample size disagrees to the statement. And 12% is neutral to it.

Table 1.29: Showing Salary Competitiveness

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

32 12 28 23 5 100

Chart 1.17: Showing Salary Competitiveness

Interpretation:

32% of the employees agrees that they get a competitive salary when compared to other organizations with same designation. 12% of them strongly agrees to it .28% of them are neutral to the statement. 23% to 5% is disagrees to the statement in the other hand.

Table 1.30: Showing Comparability Of Benefits

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

8 29 28 32 3 100

Chart 1.18: Showing Comparability Of Benefits

Interpretation:

There is balance, 29% of the employees agrees and 32 % of them strongly disagrees that they have a comparable benefits.28% of them are neutral in the other hand.

Table 1.31: Showing Understanding Of Benefit Plan

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

42 15 19 9 15 100

Chart 1.19: Showing Understanding Of Benefit Plan

Interpretation:

42% of the employees agrees that they understand their benefit plan. 15% strongly agrees ,where 19% is neutral.9% to 15% disagrees to the fact and says they don’t understand the benefit plans they are given.

Table 1.32: Showing Satisfaction With Benefit Package

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

58 12 11 6 13 100

Chart 1.20: Showing Satisfaction With Benefit Package

Interpretation:

58% of them are satisfied with their benefit package. 12% strongly agrees. Whereas little sample of 6% to 13% disagrees to the statement. Or they are not happy with their benefit package.11% is neutral to it.

Summary of Findings

‘ Most of the employee’s ability state the opinion firmly and positively is better than acceptable standards.

‘ Majority of the employee’s ability in exercising the professional duties without assistance is better than acceptable standard.

‘ The Emotional Stamina of the majority of the employees is better than acceptable standard.

‘ Majority of the Employee’s Ability to work co-operatively and collaboratively to achieve common goal is better than acceptable.

‘ Majority of the employees Ability to effectively guide a group through an appropriate process to help to achieve their desired outcomes is better than acceptable standard.

‘ Majority of the employee’s ability to clarify and establish with a group roles and responsibilities, common goal and plan to achieve them and group behavioural is outstanding.

‘ Majority of the employees Ability to deal with multiple issues and details, alertness and learning capacity is better than acceptable standard.

‘ Majority of the employee’s ability to see and think beyond the obvious and formulate original solution is better than acceptable standards.

‘ Majority of the employee’s ability to present ideas, concept, plan and procedure clearly to the target group is better than acceptable standard.

‘ Concern for excellence of the majority of the employee’s is better than acceptable standard.

‘ Majority of the employee’s Aware of what is going on in the workplace and responds in a suitable manner to situations as they is better than acceptable.

‘ The understanding between the top level and employees are in good terms.

‘ Employees do understand their benefits and opportunities given by the organisation.

‘ The employees are paid fairly according to the work done.

‘ Freedom of sharing new ideas and opinions are welcomed in the organisation.

‘ The employees are able to make a balance between personnel and work life. which reduces the amount of stress in them.

‘ The organisation encourages the employee to learn from their mistakes.

‘ Recommendations

‘ In this organization employee engagement study must be regularly done in order to check the level of employee effectiveness.

‘ Since many of the employees are performing different jobs to what they were doing at the time of their joining they need training to perform the new work allotted them.

‘ Different sources of employee engagement tactics must be encouraged in employees.

‘ The top management should support the lower level employees since it is considered a major hurdle in effective employee engagement and the employees must also be made aware of importance of engagement at work system

‘ The employees should be then and there motivated for work.

‘ The understanding between management and employees should be increased.

‘ Level of stress in work should be reduced.

‘ Better benefit package should be given to the employees.

Conclusion

In the report we have discussed the importance of employee engagement in an organization and how it affects the efficiency of work and productivity. Employment counselors should help individuals to maximize their career engagement at any stage of their career. Basically employee engagement should be a buzz word for the employee engagement and a positive attitude held by the employees towards the organization. Employee engagement is gaining its importance and popularity in work places and its impact in many ways. It emphasis on the importance of employee engagement in a organization, an organization should thus give more importance for its employees than any other variable as they are the powerful contributors to a company’s competitiveness. Thus it shows that employee engagement should be a continues process for learning, improvement, measurement and action of an employee.

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The limitations of the Chit Acts writing an essay help

1.1 BACKGROUND OF THE STUDY

The financial system assumes strategically a very important role in channelling the funds from surplus units to deficit units. The financial system here refers to the group of institutions, markets and instruments which helps in formation of capital and thus accelerates to the pace of economic development.

The base of this study stems from the fact that there exists a gap between gross capital formation and gross domestic savings in India. So, there exists the need to augment the growth rate of voluntary domestic savings. This goal can be realized by widening and strengthening the working of different financial intermediaries which will result in mobilizing savings from various income level categories. .It is in this context that the role of the Non-Banking Financial Intermediaries like Chit Finance should be appreciated in supplementing the functions of the Banking Institutions.

Chit funds are Chit funds are the Indian equivalent of the Rotating Savings and Credit Associations (ROSCA). ROSCAs are famous in many parts of the world and is seen as an instrument to ‘save and borrow’ simultaneously. ROSCAs basically started as a way to help in fulfilling the needs of the low-income households as it enables the people to convert their small savings into lump sums. The concept of chit funds originated more than 1000 years ago. Initially it was in the form of an informal association of traders and households within communities, wherein the members contributed some money in return for an accumulated sum at the end of the tenure. Participation in Chit funds was mainly for the purpose of purchasing some property or, in other words, for ‘consumption’ purposes. However, in recent times, there have been tremendous alterations in the constitution and functioning of Chit funds. A significant difference between Chit Funds and ROSCAs are that in most places ROSCAs are user-owned and organized informally, but chit funds have been formally institutionalized in India. (Chit Funds-An innovative access to finance for low income households, 2009)

1.1.1 WHAT DO WE MEAN BY CHIT FUNDS?

Chit fund is a savings-cum-borrowing instrument. The basic aim of this instrument is to pool small amount of savings by all the members which is then managed by a foreman. The foreman has the responsibility to act as a trustee-cum-supervisors for the process of collection and allotment of the pooled amount.

Chit funds represent a traditional form of saving-cum-credit institution evolved before the bank system was introduced in rural India. There are many who avail themselves of this avenue for saving for a reasonable return.

1.1 NEED AND RATIONALE OF THE STUDY

Despite the growth of a wide range of savings avenues and the widespread network of banks and other financial institutions, it has been found that Chit scheme still forms an important part in the asset portfolio of many households and firms in India and especially in South India including Karnataka. Also, the review of literature shows that there are only a few studies on Chit Finance. Therefore, the need to conduct the study stems from the requirement to understand Chit Funds in Bangalore.

1.2 NEED TO CONDUCT THE STUDY

The research titled ‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’ The study estimates the net returns and interest rate on Chit funds. This study tries to point out the limitations of the Chit Acts and suggests feasible recommendations for improving the working of such institutions.

.3.2 STATEMENT OF THE PROBLEM

‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’.

VARIABLES UNDER INVESTIGATION

1. Age

2. Occupation

3. Monthly income

4. Gender

5. Bank loan

6. Regular participation in chit fund

7. Membership in multiple chit schemes

8. Cause for participating in multiple schemes

9. Preferred avenue of saving

10. Preferred source of finance

11. Safety

12. Better service

13. Flexibility

14. Timely Payment

15. Low commission

16. Personal contact

17. Unregistered chit funds membership

18. Cause for participating in unregistered chit funds

19. Cause for not participating in unregistered chit fund

3.5 OBJECTIVES OF THE STUDY

3.5.1 OBJECTIVE(PRIMARY)

1. To understand the behaviour and financial needs of the chit fund members.

2. To identify the important predictors behind chit fund participation

3.5.2 OHER OBJECTIVES OF RESEARCH

1. To estimate interest rates in registered chit funds.

2. To compare the relative ratings of Chit subscribers towards registered and unregistered chit funds on

3. To estimate the return on Chit Funds.

3.6 HYPOTHESIS

There are two types of statistical hypotheses.

1. Null hypothesis

2. Alternative hypothesis.

Hypothesis 1:

H0: There is no significant relation between gender and cause for participation in chit fund.

H1: There is significant relation between gender and cause for participation in chit fund.

Hypothesis 2:

H0: There is no significant relation between occupation and cause for participation in chit fund.

H1: There is significant relation between occupation and cause for participation in chit fund.

Hypothesis 3:

H0: There is no significant relation between age and causes for participation in chit fund

H1: There is significant relation between age and cause for participation in chit fund

Hypothesis 4:

H0: There is no significant relation between monthly income and cause for participation in chit fund

H1: There is significant relation between monthly income and cause for participation in chit fund

Hypothesis 5:

H0: There is no significant relation between gender and causes for bidding in chit fund

H1: There is significant relation between gender and cause for bidding in chit fund

Hypothesis 6:

H0: There is no significant relation between occupation and cause for bidding in chit fund

H1: There is significant relation between occupation and cause for bidding in chit fund

Hypothesis 7:

H0: There is no significant relation between age and cause for bidding in chit fund

H1: There is significant relation between age and cause for bidding in chit fund

Hypothesis 8:

H0: There is no significant relation between monthly income and cause for bidding in chit fund

H1: There is significant relation between monthly income and cause for bidding in chit fund

Hypothesis 9:

H0: There is no significant relation between gender and cause for saving in chit fund

H1: There is significant relation between gender and cause for saving in chit fund

Hypothesis 10:

H0: There is no significant relation between occupation and cause for saving in chit fund.

H1: There is significant relation between occupation and cause for saving in chit fund.

Hypothesis 11:

H0: There is no significant relation between age and cause for saving in chit fund

H1: There is significant relation between age and cause for saving in chit fund

Hypothesis 12:

H0: There is no significant relation between having bank loan and membership in multiple chit schemes.

H1: There is significant relation between having bank loan and membership in multiple chit schemes.

Hypothesis 13:

H0: There is no significant relation between monthly income and participation in unregistered chit funds

H1: There is significant relation between monthly income and participation in unregistered chit funds

Hypothesis 14 :

H0: There is no significant relation between causes to prefer chit fund over bank and having bank loan.

H1: There is significant relation between causes to prefer chit fund over bank and having bank loan.

Hypothesis 15:

H0: Presence of safety, flexibility, timely payment, low commission, better service, personal contact, having a bank loan are no significant predictors of regular participation in chit fund.

H1: Presence of safety, flexibility, timely payment, low commission, better service, personal contact ,having a bank loan,are significant predictors of regular participation in chit fund.

.

3.8 SAMPLING METHOD

Members of four registered chit fund companies in Bangalore. The four registered chit fund companies were selected due to the large size of their subscriber base.

3.8.3 SIZE OF SAMPLE

150 respondents

3.9 MECHANISM OF STUDY

3.9.1 PRIMARY RESEARCH

Questions relating to behaviour and financial pattern will be found out through questionnares

3.9.2 SECONDARY RESEARCH

‘ Reports on chit fund industry

OVERVIEW OF INDIAN CHIT FUND INDUSTRY

4.1.1 NUMBER OF REGISTERED CHIT FUND COMPANIES:

According to the Ministry of Corporate Affairs, as on 31st December, 2013:

Volume of registered chit companies: 5412

Volume of chit companies in Karnataka: 703

Number of chit fund companies in Bangalore: 315

UNREGISTERED CHIT FUND INDUSTRY

Although unregistered chits are an informal source of finance but still they are a significant part of the chit fund industry. Though they are more easily accessible as compared to registered chit funds.

4.3 PURPOSE OF THE STUDY

The study titled ‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’ attempt in The study estimates the net returns and interest rate on Chit funds. This study also examines the limitations of the Chit Acts and suggests suitable recommendations for improving the functioning of such institutions.

4.4 LIMITATION OF STUDY

‘ Unwillingness of the members to share their income and financial details made the task of data collection somewhat difficult.

‘ Collecting data became difficult since I don’t know the regional languages.

5.2 ANALYSIS OF DATA

The analysis is done on the primary data collected from 150 chit funds members in Bangalore

TESTING OF HYPOTHESES

5.4.1 Hypothesis 1:

H0: There is no significant relation between gender and cause for participation in chit fund.

H1: There is significant relation between gender and cause for participation in chit fund.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 31.070a 16 .013

Likelihood Ratio 35.945 16 .003

Linear-by-Linear Association 8.809 1 .003

N of Valid Cases 150

a. 1 cells (10.0%) have expected count less than 5. The minimum expected count is .30.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .455 .013

Cramer’s V .228 .013

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The value of chi-square=31.070 was p=.013, less than 0.05.

We can see that the strength of association between the variables is moderate (Phi and Cramer’s V -0.455).

Therefore, the research hypothesis that differences in ’cause to participate in chit funds’ are related to differences in ‘age” is supported by this analysis. This means that different age groups of the chit fund members have different reasons of participating in chit funds. As can be seen from the table above that those who belong to ’36-45 years’ have saving as the predominant reason to participate whereas members of other age groups do not have any dominant reason to participate.

5.4.2 Hypothesis 2:

Hypothesis 2:

H0: There is no significant relation between occupation and cause for participation in chit fund.

H1: There is significant relation between occupation and cause for participation in chit fund.

Hypothesis 3:

. Hypothesis 3:

H0: There is no significant relation between age and causes for participation in chit fund

H1: There is significant relation between age and cause for participation in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 10.018a 4 .040

Likelihood Ratio 10.478 4 .033

Linear-by-Linear Association 6.876 1 .009

N of Valid Cases 150

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .258 .040

Cramer’s V .258 .040

N of Valid Cases 150

a. Not assuming the null hypothesis.

a. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The value of chi-square=10.018 was p=.040, less than 0.05.

.We can see that the strength of association between the variables is weak (0.258)

Therefore, the research hypothesis that differences in ’cause to participate in chit funds’ are related to differences in ‘gender” is supported by this analysis. This means that males and females have different reasons of participating in chit funds. As it can be seen that males participate in chit funds for business and personal consumption purposes apart from saving whereas women predominantly participate to save.

5.4

Hypothesis 4:

H0: There is no significant relation between monthly income and cause for participation in chit fund

H1: There is significant relation between monthly income and cause for participation in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 82.176a 12 .000

Likelihood Ratio 97.665 12 .000

Linear-by-Linear Association 15.696 1 .000

N of Valid Cases 150

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .740 .000

Cramer’s V .427 .000

N of Valid Cases 150

INTERPRETATION:

We can see that the strength of association between the variables is strong (0.740)

Therefore, the research hypothesis that differences in ‘reason to participate in chit funds’ are related to differences in ‘occupation” is supported by this analysis. It can be seen that the self-employed members mainly participate to avail for business reasons whereas salaried employee participate mainly for personal consumption purposes.

Hypothesis 5:

Hypothesis 5:

H0: There is no significant relation between gender and causes for bidding in chit fund

H1: There is significant relation between gender and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 66.691a 20 .000

Likelihood Ratio 43.579 20 .002

Linear-by-Linear Association 4.804 1 .028

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .07.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .667 .000

Cramer’s V .333 .000

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The (chi-square=66.691) was p=.000, less than 0.05.

We can see that the strength of association between the variables is moderately strong (0.667)

Therefore, the research hypothesis that differences in ’cause to bid in chit funds’ are related to differences in ‘age” is supported by this analysis. It can be seen that the members of age group’36-45 years’ are more interested in bidding for business related purposes where members of other age groups bid mainly for emergency needs.

5.4.6 Hypothesis 6:

. Hypothesis 6:

H0: There is no significant relation between occupation and cause for bidding in chit fund

H1: There is significant relation between occupation and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 7.167a 5 .209

Likelihood Ratio 7.885 5 .163

Linear-by-Linear Association 1.120 1 .290

N of Valid Cases 150

a. 5 cells (41.7%) have expected count less than 5. The minimum expected count is .81.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .219 .209

Cramer’s V .219 .209

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=7.167) was p=.209, more than the alpha level of significance of 0.05.

Therefore, the research hypothesis that differences in ‘reason to bid in chit funds’ are related to differences in ‘gender” is not supported by this analysis.

5.4.7 Hypothesis 7:

Hypothesis 7:

H0: There is no significant relation between age and cause for bidding in chit fund

H1: There is significant relation between age and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 180.915a 15 .000

Likelihood Ratio 160.460 15 .000

Linear-by-Linear Association 28.379 1 .000

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .13.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi 1.098 .000

Cramer’s V .634 .000

N of Valid Cases 150

INTERPRETATION:

The (chi-square=180.915) was p=.000, less than 0.05.

We can see that the strength of association between the variables is extremely strong (1.098)

Therefore, the research hypothesis that differences in’ are related to differences in ‘occupation” is supported by this analysis. It can be clearly seen that self-employed people bid in chit scheme mostly for business purposes, salaried people for emergency needs and housewives for household purposes.

5.4.8 Hypothesis 8:

Hypothesis 8:

H0: There is no significant relation between monthly income and cause for bidding in chit fund

H1: There is significant relation between monthly income and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 123.331a 35 .000

Likelihood Ratio 106.298 35 .000

Linear-by-Linear Association 4.957 1 .026

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=123.331) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is extremely strong (.907)

Therefore, the research hypothesis that differences in ‘reason to bid in chit funds’ are related to differences in ‘income” is supported by this analysis. It can be clearly seen that low income members bid mostly for consumption reasons whereas higher income members bid for business related and emergency purposes.

SUMMARY:

Reason to bid in chit fund has the strongest association with the occupation of the chit fund members as the probability of the chi-square test statistic (chi-square=180.915) was p=.000 and the strength of association between the variables is extremely strong (1.098).

5.4.

Hypothesis 9:

H0: There is no significant relation between gender and cause for saving in chit fund

H1: There is significant relation between gender and cause for saving in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 21.702a 16 .153

Likelihood Ratio 23.775 16 .095

Linear-by-Linear Association 2.397 1 .122

N of Valid Cases 150

INTERPRETATION:

The chi-square=123.331) was p=.153, more than 0.05. Therefore, the research hypothesis that differences in ’cause to save in chit funds’ are related to differences in ‘age” is not supported by this analysis.

5.4.10 Hypothesis 10:

H0: There is no significant relation between occupation and cause for saving in chit fund.

H1: There is significant relation between occupation and cause for saving in chit fund.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 20.510a 4 .000

Likelihood Ratio 29.038 4 .000

Linear-by-Linear Association 7.062 1 .008

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .81.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .370 .000

Cramer’s V .370 .000

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The chi-square=20.510) was p=.000, less than 0.05.

We can see that the strength of association between the variables is weak (.370).Therefore, the research hypothesis that differences in ’cause to save in chit funds’ are related to differences in ‘gender” is supported by this analysis.

5.4.11 Hypothesis 11:

Hypothesis 11:

H0: There is no significant relation between age and cause for saving in chit fund

H1: There is significant relation between age and cause for saving in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 67.261a 12 .000

Likelihood Ratio 60.380 12 .000

Linear-by-Linear Association 9.507 1 .002

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .13.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .670 .000

Cramer’s V .387 .000

N of Valid Cases 150

INTERPRETATION:

The chi-square=67.261 was p=.000, less than 0.05.

We can see that the strength of association between the variables is moderately strong(.670).Therefore, the research hypothesis that differences in ‘reason to cause in chit funds’ are related to differences in ‘occupation” is supported by this analysis. Salaried people save their money in chit fund with no particular purpose. But self-employed people are equally interested in saving for house purchase as well as for general purpose.

SUMMARY:

chit fund is most closely associated with occupation of the chit fund members as it has the highest value of chi-square statistic and Phi coefficient.

5.4.12 Hypothesis 12:

Hypothesis 12:

H0: There is no significant relation between having bank loan and membership in multiple chit schemes.

H1: There is significant relation between having bank loan and membership in multiple chit schemes.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 56.697a 3 .000

Likelihood Ratio 67.900 3 .000

Linear-by-Linear Association 36.400 1 .000

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=56.697) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is strong (.615).

Therefore, the research hypothesis that differences in ‘membership in multiple chit schemes are related to differences in ‘having currently bank loan” is supported by this analysis. It is clearly evident that those members currently having bank loan have invested in only one chit scheme whereas those members who do not have availed bank loan have invested in more than one chit schemes.

5.4.13 Hypothesis 13:

Hypothesis 13:

H0: There is no significant relation between monthly income and participation in unregistered chit funds

H1: There is significant relation between monthly income and participation in unregistered chit funds

.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 96.660a 7 .000

Likelihood Ratio 85.378 7 .000

Linear-by-Linear Association 59.577 1 .000

N of Valid Cases 150

a. 1 cell(10.0%) has expected count less than 5. The minimum expected count is 1.08.

INTERPRETATION:

The chi-square=96.660 was p=.000, less than 0.05.

We can see that the strength of association between the variables is extremely strong (.803).

Therefore, the research hypothesis that differences in ‘participation in unregistered chit funds’ are related to differences in ‘income” is supported by this analysis. It is clearly evident that mostly low- income members have participated in unregistered funds. This is because the registered funds have become expensive due to the increase in their operational cost as a result of stringent regulations.

5.2.14 Hypothesis 14 :

H0: There is no significant relation between causes to prefer chit fund over bank and having bank loan.

H1: There is significant relation between causes to prefer chit fund over bank and having bank loan

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 28.049a 5 .000

Likelihood Ratio 31.806 5 .000

Linear-by-Linear Association 2.967 1 .085

N of Valid Cases 150

a. 2 cells (15.0%) have expected count less than 5. The minimum expected count is 1.79.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .432 .000

Cramer’s V .432 .000

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=28.049) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is moderate (.432).

Therefore, the research hypothesis that differences in ’cause to prefer chit fund over bank’ are related to differences in ‘having bank loan” is supported by this analysis. It is clearly evident that members who have bank loan have preferred chit fund over bank mainly due to better dividends. But those who do not have bank loan prefer chit fund over bank mainly due to better service in terms of more personalized service.)

5.2..15 Hypothesis 15: To identify significant predictors of regular participation in chit funds using Binary Logistic Regression

Hypothesis 15:

H0: Presence of safety, flexibility, timely payment, low commission, better service, personal contact, having a bank loan are no significant predictors of regular participation in chit fund.

H1: Presence of safety, flexibility, timely payment, low commission, better service, personal contact ,having a bank loan,are significant predictors of regular participation in chit fund.

Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 0 Constant -1.046 .186 31.574 1 .000 .351

Model Summary

Step -2 Log likelihood Cox & Snell R Square Nagelkerke R Square

1 37.170a .533 .576

a. Estimation terminated at iteration number 6 because parameter estimates changed by less than .001.

Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 1a bank_loan(1) 1.068 1.265 14.715 1 .000 11.720

reason_2 2.286 4 .683

reason_2(1) 1.336 1.077 1.540 1 .215 3.805

reason_2(2) .134 2.239 .004 1 .952 1.143

reason_2(3) -.559 1.896 .087 1 .768 .572

reason_2(4) .731 1.347 .294 1 .588 2.076

reason_3 4.874 5 .431

reason_3(1) 1.188 .924 1.652 1 .199 3.279

reason_3(2) 1.661 2.048 .658 1 .417 5.263

reason_3(3) -1.654 1.228 1.813 1 .178 .191

reason_3(4) .404 1.192 .115 1 .735 1.497

reason_3(5) -17.379 20.722 .000 1 .700 .000

reason_4 .355 4 .986

reason_4(1) -1.047 1.850 .320 1 .571 .351

reason_4(2) -.839 1.979 .180 1 .672 .432

reason_4(3) -.932 1.637 .324 1 .569 .394

reason_4(4) 3.519 4.199 .000 1 .600 3.746

reason_5 8.553 5 .128

reason_5(1) -.254 1.768 .021 1 .886 .776

reason_5(2) -19.245 9.890 .000 1 .999 .000

reason_5(3) 1.420 1.338 1.126 1 .289 4.136

reason_5(4) -.747 1.306 .327 1 .567 .474

reason_5(5) .561 1.342 .174 1 .676 1.752

B S.E. Wald df Sig. Exp(B)

Step 1a Safety -.075 .320 4.377 1 .011 0.928

Flexi -.178 .426 3.337 1 .021 0.837

commision -.185 .188 1.868 1 .026 0.831

payment -.267 .178 1.657 1 .097 0.766

service -.859 .412 1.348 1 .083 0.424

personal -1.122 .163 .996 1 .079 0.329

Constant 3.058 2.440 1.571 1 .010 21.291

a. Variable(s) entered on step 1: : bank_loan, reason_2, reason_3, reason_4, reason_5.imp1, imp2, imp3, imp4, imp5, imp6.

INTERPRETATION:

‘ -2 Log Likelihood statistic is 37.170. This statistic how poorly the model predicts the decisions — the smaller the statistic the better the model. Since, 37.170 is a relatively small number therefore, this model is able to predict the decisions in a better way.

‘ Here Cox & Snell R Square statistic indicates that 53.3% of the variation in the regular participation in chit funds is explained by the logistic model.

‘ In our case Nagelkerke R Square is 0.576, indicating a moderate relationship of 57.6 % between the predictors and the prediction.

‘ If it is less than .05 then, we will reject the null hypothesis and accept the alternative hypothesis.

‘ In this case, we can see that bank loan, safety, flexibility and low commission have contributed signi’cantly to the prediction of regular participation in chit funds but other variables are not significant predictors of regular participation in chit funds.

‘ Since only bank loan has p=.000, therefore we can say that bank loan is the most significant predictor

among other significant predictors. This is followed by safety (p=.011), flexibility (p=.021) and low commission (p=.026).

‘ Here, the EXP (B) bank loan is 11.727. Hence when bank loan is availed by one unit (one person) the odds ratio is 11 times as large and therefore people are 11 more times likely not to regularly participate in chit funds.

‘ Here, the EXP (B) with safety is .928. Hence when safety is increased by one percent the odds ratio is .928 times as large and therefore people are .928 more times likely to regularly participate in chit funds.

‘ Here, the EXP (B) flexibility is 837. Hence when flexibility is increased by one percent the odds ratio is .928 times as large and therefore people are .837 more times likely to regularly participate in chit funds.

‘ Here, the EXP (B) low commission is .831. Hence when flexibility is increased by one percent the odds ratio is .928 times as large and therefore people are .831 more times likely to regularly participate in chit funds.

SUMMARY

Bank loan is the most significant predictor of regular participation in chit funds. This is followed by safety, flexibility and low commission.

Instalment no No of months remaining Monthly subscription Prize amount PV of monthly subscription(PV of outlow at 10%) PV of Prize amount(PV of inflow at 10%) Net Present Value(PV of inflow – PV of outflow)

1 24 2000 50000 2000 50000 10444.9

2 23 1500 35000 1488.1 34723.1 -4832.0

3 22 1500 35000 1476.4 34448.4 -5106.7

4 21 1500 35000 1464.7 34175.9 -5379.2

5 20 1500 35000 1453.1 33905.5 -5649.6

6 19 1500 35000 1441.6 33637.3 -5917.8

7 18 1500 35000 1430.2 33371.2 -6183.9

8 17 1500 35000 1418.9 33107.2 -6447.9

9 16 1620 38000 1520.3 35660.6 -3894.5

10 15 1620 38000 1508.2 35378.5 -4176.6

11 14 1700 40000 1570.2 36945.9 -2609.2

12 13 1700 40000 1557.8 36653.6 -2901.5

13 12 1780 42000 1618.2 38181.8 -1373.3

14 11 1780 42000 1605.4 37879.8 -1675.3

15 10 1780 42000 1592.7 37580.1 -1975.0

16 9 1860 44000 1651.1 39058.2 -496.9

17 8 1860 44000 1638.0 38749.2 -805.9

18 7 1860 44000 1625.1 38442.6 -1112.5

19 6 1940 46000 1681.6 39872.1 317.0

20 5 1940 46000 1668.3 39556.6 1.5

21 4 1940 46000 1655.1 39243.7 -311.4

22 3 1940 46000 1642.0 38933.2 -621.8

23 2 1940 46000 1629.0 38625.2 -929.8

24 1 1940 46000 1616.1 38319.7 -1235.4

25 0 1940 46000 1603.3 38016.5 -1538.6

39555.1 934465.9 -54411.4

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Merit goods devry tutorcom essay help

Merit goods are goods which will be under-provided by the market, therefore they will be under-consumed. They are thought by the governments to be good for the populations and so the governments want them to be consumed to a great extent. They increase the private and social benefits and cause the social benefit be higher than the private one. The best examples of them, apart from all the public goods, can be the education, health care, sports facilities and the opera.

Although the majority of the merit goods is provided by the private sectors, not all the people can afford buying them, therefore they will be under-consumed. That is why the government is needed to destroy the market failure increasing the supply and consequently raising the consumption.

To explain the reasons for government to provide the merit goods, I need to apply some examples of them. The first one can be the education. It is significant for the governments to provide it so that the society would be well-educated. Governments determine the period of education required for people (the compulsory education) to maintain the proper level of education of the society. The governments find education an important aspect that should be available for everyone as it cause the whole country to have better both economic growth and economic development.

Considering another example such as health care, the situation is quite similar. The governments want to provide the population with it because they care about the high states of health of society in their country. To gain these, the countries need to have high quality of health care. Governments often offer people unpaid programs consisting of preventative medical examination which contribute to maintain the high number of healthy people. This is also connected with the problems of the labour market. The healthier people are, the more efficient their work is, the greater revenue firms have and countries are more developed because of taxations.

Other examples like sport facilities or the opera are meant for people to become physically and culturally developed but their availability is not as important as in the case of the previous examples. That is why they are not as much provided by the governments as the rest of the merit goods.

Although most of the merit goods provided by the governments are free, the fact is that they are paid through the taxes that the societies pay. The number of the merit goods of particular types that the governments provide or subsidize depends on the necessity of them. If they are provided, the societies’ benefits get higher and so is the public treasury of the countries.

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Research proposal: The effect of pregnancy on the adolescent pregnant teen & father write my essay help

Abstract: The purpose for this research paper is to address the adolescent pregnant teen & father and the effects a pregnancy has on both of their lives during and after her pregnancy. How the teens need the support of the family, community, church, and the school system. I will also address the teen father mostly disregarded in any aspect of the teen’s pregnancy and how this affects him, and how both teens need support in our society. How we can address the social problem of teen pregnancy from all avenues.

‘Three issues that have an impact on the pregnant adolescent are discussed education, identity development, and maternal support’ (Turnage & Pharris, 2013). My research focuses on adolescent pregnant teen women 19 years old and younger. It will also reflect the problems of the teen pregnant adolescents journeying thru the process of becoming a teen mother, finishing high school, developing her own identity and the maternal support she gets from her mother during her transition from pregnant teen to motherhood.

‘Several issues that differently influence the pregnant teen is individually based on the female’s chronological age’ (Turnage & Pharris, 2013). ‘For the pregnant adolescent, her pregnancy supersedes high school graduation as the benchmark for her being viewed as an adult’ (Turnage & Pharris, 2013). ‘Failure to graduate high school is associated with poor social and educational outcomes for teen mothers and their children’ (Turnage & Pharris, 2013).

‘While the pregnant adolescent is defining who she is as a person she experiences a transition to the new identity of mother’ (Turnage & Pharris, 2013). ‘During her pregnancy the adolescent’s mother is seen as the primary source of support that contributes to a positive self-image and can assist her in the adapting to the role of parent’ (Turnage & Pharris, 2013).

My research paper will also show how important it is to support the teen during and after pregnancy. It addresses the need for the teen mothers to finish high school, and find her identity. How important it is to have the support system of her mother and family to achieve all of these things. Without these support systems, the pregnant adolescent could end up in poverty, no social skills, homeless and a host of other social problems for her and her baby.

Addressed and examined is teen motherhood and its long-term mental and physical health of the teen mother’ (Patel & Sen, 2012). They used a (PCS) health survey known as SF-12 NLSY79 a study that compared two major comparisons groups of which only teens who experienced teen pregnancy and girls who did not experience teen pregnancy. On average the survey for teen mothers was on average 50.89.

The study to access the health outcome of ‘two major comparison groups, which consisted of women who were only experienced teen pregnancy & women who were having unprotected sexual relation as a teen but did not become pregnant ‘ (Patel & Sen, 2012). Estimated is that teen mothers are more likely to have poor health later in life in the study of all the comparison groups.

Along with support, they desperately need help taking care of an infant as a teen; they need a support system to take notice of how they are managing their health & well-being so that they can be a successful teen parent. In addition, being a teen parent can affect the mother’s mentally as the pressure of being new teen mom can be stressful.

The teen mothers who marry after they give birth to their children statistics state that 30 % of them will not remain in their marriages into their 40’s. This result comes from teen adolescents in a single parent home raising their child. This can put a strain on the teen adolescent because she will financially have to seek support from her family or enter into the welfare system and suffer mental health issues.

‘Adolescent teen mothers identify social support with, parenting and emotional support primary emanating from family members, particularly their own mothers, as well as from the father of the baby (Savio Beers & Lee, 2009)’. ‘Older sisters may play an important role in the support network for adolescent mothers, the supportive sister relationships decrease depressive and anxiety-related symptoms in adolescent mothers (Savio Beers & Lee, 2009).

‘For some adolescent parents, participation in a religious community programs may provide the significant social support and serve as a protective factor’ (Savio Beers & Lee, 2009). This directly stresses the point that without the support of family, community, and church with the support of the father the adolescent teen mother can suffer mental issues, poverty issues, and marriage problems.

We addressed the many issues that teen mothers have to face, so now I would like to address the teen father in our society. What are their concerns on becoming a teen father, and how do they view their role as father where their masculinity is concerned? While most of the research done on teen pregnancy and parenting mainly focusing on the mother, the father is invisible.

Interviewed were 26 young teen fathers in the mid-western American towns. The in depth survey of three themes of gender discord focused on teen father narratives, which took on responsibility, sex, being a man, this is the direct viewpoint of the invisible teen father. What they feel about getting a teen girl pregnant and what responsibility they take in the pregnancy if any. How they relate to getting a teen pregnant and how that affects his identity as a man and their masculinity.

‘Gendered assumptions regarding pregnancy and contraception’specifically that women are in charge of preventing pregnancy and they have the belief that male sexuality is uncontrollable; and that use of love and intimacy talk (Weber, J. B., 2013). The teen fathers that took the questionnaire did not blame themselves for getting the teen girl pregnant. They see the teen’s pregnancy as her problem.

Studies suggest that teen fathers are more likely to be of a minority race. He has a mother who had a baby as a teen; his parents have a minimal education. His parents do not have high expectations of him finishing school; all of these factors result in the likelihood that makes him a candidate to becoming a teenage father. ‘The research states that the teen fathers go to school fewer years less than non-teenage fathers (Fletcher & Wolfe, 2011).

‘Evidence shows that men who have children before marriage leave school earlier and have worse labor markets outcomes’ (Fletcher & Wolfe, 2011). ‘Data was used only on young men who reported a pregnancy as an adolescent’ (Fletcher & Wolfe, 2011). It affects his completion of high school.

It also affects his ability to take care of the teen mother & baby, which causes him to drop out of school early. Statistically, ‘teen fathers work more hours and earn more money following the birth of a child then his non-parent counterparts’ (Fletcher & Wolfe, 2011). Teen fatherhood results in the teen father getting married early or co-habitation with the teen mother.

In conclusion, teen pregnancy is a social problem in the United States both teens will have to suffer in their education, grow up before their time, take on adult responsibilities, and suffer financial problems to take care of the child. Which ultimately falls on the parents of the teens, society or the welfare system in which the teen mother becomes a social statistic or shall I say a number.

Teen pregnancy as of 2014 have been on the decline in the United States and increased in other states, however a positive support system for both teens is minimal at best. Socially as communities, churches and government we have to take an active role in education of abstaining from sex, talking to the teens about sex, and protecting themselves against pregnancy.

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Reconnaissance attacks in IPv6 networks write essay help

2.1.1 Reconnaissance attacks in IPv6 networks

The 1st larger attack in IPv6 is usually a reconnaissance attack. An attacker try reconnaissance attacks to get some confidential information about the victim network that can be misused by the attacker in further attacks. For this he uses active methods, such as scanning techniques or data mining strategies. To start, an intruder begins to ping the victim network to determine the IP addresses currently used in the victim network. After getting some of the accessible system, he starts to scan the port to find out any open port in the desired system. The size of subnet is bigger than that of the in IPv4 networks. To perform a scan for the whole subnet an attacker should make 264 probes and that???s impossible. With this fact, IPv6 networks are much more resistant to reconnaissance attacks than IPv4 networks. Unfortunately, there are some addresses which are multicast address in IPv6 networks that help an intruder to identify and attack some resources in the target network.

2.1.2 Security threats related to IPv6 routing headers

As per IPv6 protocol specification, all of the IPv6 nodes must be able to process routing headers. In fact, routing headers can be used to avoid access controls based on destination addresses. Such action can cause security effects. It may be happen that an attacker sends a packet to a publicly accessible address with a routing header containing a ???forbidden??? address on the victim network. In such matter the publicly accessible host will forward the packet to the destination address stated in the routing header even though that destination is already filtered before as a forbidden address. By spoofing packet source addresses an intruder can easily perform denial of service attack with use of any publicly accessible host for redirecting attack packets.

2.1.3 Fragmentation related security threats

As per IPv6 protocol specification, packet fragmentation by the intermediate nodes is not permitted. Since in IPv6 network based on ICMPv6 messages, the usage of the path MTU discovery method is a duty, packet fragmentation is only allowed at the source node.1280 octets is the minimal size of the MTU for IPv6 network. The packets with size less than 1280 octets to be discarded unless it???s the last packet in the flow as per security reasons. With use of fragmentation, an attacker can get that port numbers not found in the first fragment and thus they bypass security monitoring devices expecting to find transport layer protocol data in the very first fragment. An attacker will send a huge amount of small fragments and create an overload of reconstruction buffers on the victim system which resulted to the system crash. To prevent system from such attacks it???s necessary to bound the total number of fragments and their permissible arrival rate.

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WMBA 6000-13 Topic: Course Evaluation cheap mba definition essay help

WMBA 6000-13

Topic: Course Evaluation

Date: March 2, 2014

Based on the assigned readings for this course (Dynamic Leadership), I have read an enormous amount of information about the different categories of leaders and leadership styles. Today’s leaders are different from the leaders of twenty to fifty years ago. In the past leaders gave commands and they controlled the actions of others. Today leaders are willing to involve others in their decision making and they are more open to new possibilities.

A good leader has a vision for their organization and they know how to align and engage employees in order to promote collaboration. The successful leader knows how to lead by using superior values, principles and goals that fit the organization’s values, principles and goals. Also these leaders know that leadership is not made from authority, it’s made from trust and followership. Coleman, J., Gulati, & Segovia, W.O. (2012)

I am impressed most by the characteristics of the authentic leader because they know how to develop themselves; they use formal and informal support networks to get honest feedback in order to drive long-term results. Authentic leaders build support teams to help them stay on course and counsel them in times of uncertainty. George, B., Sims, P., Mclean, A.N. & Mayer D. (2007)

In addition, I found the Leadership Code to be important because it provides structure and guidance and helps one to be a better leader by not emphasizing one element of leadership over another. Some focus on the importance of vision for the future; others on executing in the present; others on personal charisma and character; others on engaging people’; and others on building long-term organization. The code represents about 60 to 70 percent of what makes an effective leader. Ulrich, D., Smallwood, N., Sweetman, K. (2008)

The information that I acquired from this course will help me to pursue the goal of owning a beauty supply business. Another goal that I can add to my action plan is to include not only wigs and welted hair, but I will add hair, skin and nail products to my inventory. A future goal will be to add handbags and accessories as well.

After completing my short-term goal of finishing my MBA, I can take the knowledge from this course along with my values, ethics and principles to help me to manage employees and operate a successful business. Annie Smith (March 2, 20

Coleman, J. G. (2012). Educating young leaders. Passion and Purpose , 197-202.

George, B. S. (2007). Discovering your authentic leadership. Harvard Business Review , 129-138.

Lyons, R. (2012). Dean of Haas of School of Business University of California, Berkely. It’s made from followership. (J. G. Cole, Interviewer) Coleman, J., Gulati, D., & Segovia, W.O.

Ulrich, D. S. (2008). Five rules of leadership. In The leadership code five rules to lead by. Defining Leadership Code , 1-24.

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Family presence during CPR (cardiopulmonary resuscitation) college essay help los angeles

In a pre-hospital setting, there are few moments that are as intense as the events that take place when trying to save a life. Family presence during these resuscitation efforts has become an important and controversial issue in health care settings. Family presence during cardiopulmonary resuscitation (CPR) is a relatively new issue in healthcare. Before the advent of modern medicine, family members were often present at the deathbed of their loved ones. A dying person’s last moments were most often controlled by his or her family in the home rather than by medical personnel (Trueman, History of Medicine). Today, families are demanding permission to witness resuscitation events. Members of the emergency medical services are split on this issue, noting benefits but also potentially negative consequences to family presence during resuscitation efforts.

A new study has found that family members who observed resuscitation efforts were significantly less likely to experience symptoms of post-traumatic stress, anxiety and depression than family members that did not. The results, published in an online article in The New England Journal of Medicine, entitled ‘Family Presence during Cardiopulmonary Resuscitation,’ were the same regardless of the survival of the patient. The study involved 570 people in France whose family members were treated by emergency medical personnel at home. These EMS teams were unique in that they were comprised of a physician, a nurse trained in emergency medicine, and two emergency medical technicians. The study found that the presence of relatives did not affect the results of CPR, nor did it increase the stress levels of the emergency medical teams. Having family present also did not result in any legal claims after the incidents occured. While the unique limitations of the study warrant consideration, the results show a definite benefit in having families stay during CPR (Jabre Family Presence).

Historically, although parents of children have been allowed to be present for various reasons, relatives of adult patients have not. As medical practices change to increasingly involve family in the care of patients, growing numbers of emergency medical practitioners say that giving relatives the option of watching CPR can be a good idea. Several national organizations, including The American Heart Association, have revised their policies to call for giving family members the option of being present during CPR (AHA Guidelines for CPR). Witnessing CPR, say some emergency medical experts and family members, can take the mystery out of what could be a potentially terrifying experience. It can provide reassurance to family members that everything is being done to save their loved ones. It also can offer closure for relatives wanting to be with their family members until the last minute (Kirkland Lasting Benefit). Another benefit is that it shows people why reviving someone in cardiac arrest is much less likely than people assume from watching it being done on television (Ledermann Family Presence During). Family members who can truly understand what it means to ‘do everything possible’ can go on to make more informed decisions about end-of-life care for themselves or their families.

There are three perspectives on this issue- that of the emergency medical personnel providing care, the family, and the patients. The resistance on the part of the medical community to family presence during CPR stems from several different concerns. The most common concern among these is that family members, when faced with overwhelming fear, stress and grief, could disrupt or delay active CPR. Another concern raised by emergency medical personnel is that the realities of CPR may simply be too traumatic for loved ones, causing them to suffer more than they potentially would have if they had never witnessed the event. Some families share this view, citing the potential for extreme distress as a main reason for not wanting to witness resuscitation (Grice Study examining attitudes). Many emergency medical personnel also fear an increased risk of liability and litigation with family members present in the room (Fullbrook the Presence of Family). The worry is that errors can occur, inappropriate comments may be made, and the actions of the personnel involved may be misinterpreted. In an already tense situation, the awareness of the family could increase the anxiety of the personnel and create a greater potential for mistakes.

Another complication that arises from having families present during resuscitation attempts is that of patient confidentiality. The patient’s right to privacy should not be circumvented with implied consent. There is always the possibility that medical information previously unknown to the family may be revealed in the chaos of resuscitation. In addition, patient dignity, whether physical or otherwise, may become compromised (Fullbrook the Presence of Family). Beyond moral considerations, legal concerns regarding revealing patient information are real. This could become an even larger issue if there is no one available to screen witnesses, which could result in unrelated people gaining access to personal information. Eventually, a breach in confidentiality can lead to a breach in the confidence that the public has gained in pre-hospital emergency care.

Family presence during CPR in a pre-hospital setting remains a highly debatable topic. This could be largely due to the fact that the needs of the emergency medical providers and the rights of the patients can be at odds with the wishes of the family members. Although there are several possible reasons why family presence is not being welcomed into daily practice, one of the major reasons could be the lack of formal written policies that define the roles of families and providers placed into this situation. Bringing family members into a situation where CPR is being performed on a loved one should not happen haphazardly. It should happen with careful concern and support for everyone involved. Policies and protocols, defined by experienced personnel, can provide legal and emotional support. They can also potentially help ease anxiety by defining expectations and placing responsibility in the hands of people who are experienced enough to know how to handle the situation appropriately. The policies and protocols should address the basic needs of all people involved. Five basic needs should be addressed:

1. The number of people allowed to be present

2. Which relatives should be allowed to be present (age, relationship, etc.)

3. The role of the family members present and what is expected of them.

4. The place where the family should remain during the duration of CPR.

5. The formal wishes of the patient- written as a directive like a living will.

An important component of this is available, trained staff that can prepare the family members for what they will witness, support them through the event, and then direct them after the event’s conclusion.

The American Heart Association states that the goals of cardiopulmonary resuscitation are, ‘to preserve life, restore health, relieve suffering, limit disability, and respect the individual’s decisions rights and privacy’ (AHA Guidelines for CPR). The practice of offering family members the opportunity to be present during CPR is a controversial ethical issue in emergency medical services. While the results of the study published on this topic in The New England Journal of Medicine clearly show no negative side effects from having families present during resuscitation attempts, the limitations of the study lend to the need for more research before it could be universally accepted.

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Respondeat Superior my assignment essay help

Legal claims that derive from a situation where there are claims of negligence can sometimes involve an entity other than the neglectful parties. In certain circumstances employers are fully responsible for their employees, and the tasks they perform during working hours. During the course of this paper, the doctrine of respondeat superior will be defined and explained. Two case studies in which the doctrine was applied will also be analyzed to determine if it was applied correctly.

Respondeat superior is a legal theory that holds employers responsible for any negligent or harmful act performed by an employee during the commission of their employment duties (Thornton, 2010). The Maryland Supreme Court in 1951 was the first court to utilize respondeat superior in a court case involving a question of employer liability (Burns, 2011). This doctrine is important as it holds employers liable in court cases where one of its employees does harm to an individual. Vicarious liability and indirect liability are two base concepts that make-up respondeat superior (Thornton, 2010). Respondeat superior shows that the employer did not have to be responsible for the employee???s negligent behavior, in the form of improper training or instruction to perform harmful acts, in order for the employer to be held legally responsible.

In the case of Valle v. City of Houston, the police force was sued for excessive force and an illegal search in an attempt to remove an individual from his parent???s home (Nicholl & Kelly, 2012). The situation stemmed from a man, Omar Esparza, barricading himself in his parent???s home and refusing to come out (p. 285). After a long police standoff, the SWAT team was ordered to forcefully enter the home and remove Mr. Esparza (p. 285). The SWAT team utilized taser gun and bean bag ammunition in an attempt to subdue Mr. Esparza after they felt he posed a physical threat by wielding a hammer, but as those attempts failed the suspect was fatally wounded when an officer fired his weapon (p. 286). Shortly after the incident the mother was allowed into the home, and she reported no visible evidence that her son was possession of a hammer (p. 286). The court found that the city was not liable for damages under the theory of respondeat superior, because the order to remove the individual from the home was not made by an individual deemed as a decision-maker by the city (p. 286).

From the outside, this case seems to fit the theory of respondeat superior. As the employer, the city should be held responsible for the actions of its employees. The police, serving as the city???s employees acted in a manner that was unnecessary for the situation and in conflict of their training (p. 286). However, the court sided with the City of Houston because the chain of command was not followed in regards to the use of force (p. 286). The end result is a case where an individual made a decision that was not his to make; that ultimately cost a man his life.

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Alzheimer's Disease Free College Essay Help

This essay has been removed.

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Research proposal: The effect of pregnancy on the adolescent pregnant teen & father best college essay help

Abstract: The purpose for this research paper is to address the adolescent pregnant teen & father and the effects a pregnancy has on both of their lives during and after her pregnancy. How the teens need the support of the family, community, church, and the school system. I will also address the teen father mostly disregarded in any aspect of the teen’s pregnancy and how this affects him, and how both teens need support in our society. How we can address the social problem of teen pregnancy from all avenues.

‘Three issues that have an impact on the pregnant adolescent are discussed education, identity development, and maternal support’ (Turnage & Pharris, 2013). My research focuses on adolescent pregnant teen women 19 years old and younger. It will also reflect the problems of the teen pregnant adolescents journeying thru the process of becoming a teen mother, finishing high school, developing her own identity and the maternal support she gets from her mother during her transition from pregnant teen to motherhood.

‘Several issues that differently influence the pregnant teen is individually based on the female’s chronological age’ (Turnage & Pharris, 2013). ‘For the pregnant adolescent, her pregnancy supersedes high school graduation as the benchmark for her being viewed as an adult’ (Turnage & Pharris, 2013). ‘Failure to graduate high school is associated with poor social and educational outcomes for teen mothers and their children’ (Turnage & Pharris, 2013).

‘While the pregnant adolescent is defining who she is as a person she experiences a transition to the new identity of mother’ (Turnage & Pharris, 2013). ‘During her pregnancy the adolescent’s mother is seen as the primary source of support that contributes to a positive self-image and can assist her in the adapting to the role of parent’ (Turnage & Pharris, 2013).

My research paper will also show how important it is to support the teen during and after pregnancy. It addresses the need for the teen mothers to finish high school, and find her identity. How important it is to have the support system of her mother and family to achieve all of these things. Without these support systems, the pregnant adolescent could end up in poverty, no social skills, homeless and a host of other social problems for her and her baby.

Addressed and examined is teen motherhood and its long-term mental and physical health of the teen mother’ (Patel & Sen, 2012). They used a (PCS) health survey known as SF-12 NLSY79 a study that compared two major comparisons groups of which only teens who experienced teen pregnancy and girls who did not experience teen pregnancy. On average the survey for teen mothers was on average 50.89.

The study to access the health outcome of ‘two major comparison groups, which consisted of women who were only experienced teen pregnancy & women who were having unprotected sexual relation as a teen but did not become pregnant ‘ (Patel & Sen, 2012). Estimated is that teen mothers are more likely to have poor health later in life in the study of all the comparison groups.

Along with support, they desperately need help taking care of an infant as a teen; they need a support system to take notice of how they are managing their health & well-being so that they can be a successful teen parent. In addition, being a teen parent can affect the mother’s mentally as the pressure of being new teen mom can be stressful.

The teen mothers who marry after they give birth to their children statistics state that 30 % of them will not remain in their marriages into their 40’s. This result comes from teen adolescents in a single parent home raising their child. This can put a strain on the teen adolescent because she will financially have to seek support from her family or enter into the welfare system and suffer mental health issues.

‘Adolescent teen mothers identify social support with, parenting and emotional support primary emanating from family members, particularly their own mothers, as well as from the father of the baby (Savio Beers & Lee, 2009)’. ‘Older sisters may play an important role in the support network for adolescent mothers, the supportive sister relationships decrease depressive and anxiety-related symptoms in adolescent mothers (Savio Beers & Lee, 2009).

‘For some adolescent parents, participation in a religious community programs may provide the significant social support and serve as a protective factor’ (Savio Beers & Lee, 2009). This directly stresses the point that without the support of family, community, and church with the support of the father the adolescent teen mother can suffer mental issues, poverty issues, and marriage problems.

We addressed the many issues that teen mothers have to face, so now I would like to address the teen father in our society. What are their concerns on becoming a teen father, and how do they view their role as father where their masculinity is concerned? While most of the research done on teen pregnancy and parenting mainly focusing on the mother, the father is invisible.

Interviewed were 26 young teen fathers in the mid-western American towns. The in depth survey of three themes of gender discord focused on teen father narratives, which took on responsibility, sex, being a man, this is the direct viewpoint of the invisible teen father. What they feel about getting a teen girl pregnant and what responsibility they take in the pregnancy if any. How they relate to getting a teen pregnant and how that affects his identity as a man and their masculinity.

‘Gendered assumptions regarding pregnancy and contraception’specifically that women are in charge of preventing pregnancy and they have the belief that male sexuality is uncontrollable; and that use of love and intimacy talk (Weber, J. B., 2013). The teen fathers that took the questionnaire did not blame themselves for getting the teen girl pregnant. They see the teen’s pregnancy as her problem.

Studies suggest that teen fathers are more likely to be of a minority race. He has a mother who had a baby as a teen; his parents have a minimal education. His parents do not have high expectations of him finishing school; all of these factors result in the likelihood that makes him a candidate to becoming a teenage father. ‘The research states that the teen fathers go to school fewer years less than non-teenage fathers (Fletcher & Wolfe, 2011).

‘Evidence shows that men who have children before marriage leave school earlier and have worse labor markets outcomes’ (Fletcher & Wolfe, 2011). ‘Data was used only on young men who reported a pregnancy as an adolescent’ (Fletcher & Wolfe, 2011). It affects his completion of high school.

It also affects his ability to take care of the teen mother & baby, which causes him to drop out of school early. Statistically, ‘teen fathers work more hours and earn more money following the birth of a child then his non-parent counterparts’ (Fletcher & Wolfe, 2011). Teen fatherhood results in the teen father getting married early or co-habitation with the teen mother.

In conclusion, teen pregnancy is a social problem in the United States both teens will have to suffer in their education, grow up before their time, take on adult responsibilities, and suffer financial problems to take care of the child. Which ultimately falls on the parents of the teens, society or the welfare system in which the teen mother becomes a social statistic or shall I say a number.

Teen pregnancy as of 2014 have been on the decline in the United States and increased in other states, however a positive support system for both teens is minimal at best. Socially as communities, churches and government we have to take an active role in education of abstaining from sex, talking to the teens about sex, and protecting themselves against pregnancy.

[supanova_question]

Reconnaissance attacks in IPv6 networks argumentative essay help online

2.1.1 Reconnaissance attacks in IPv6 networks

The 1st larger attack in IPv6 is usually a reconnaissance attack. An attacker try reconnaissance attacks to get some confidential information about the victim network that can be misused by the attacker in further attacks. For this he uses active methods, such as scanning techniques or data mining strategies. To start, an intruder begins to ping the victim network to determine the IP addresses currently used in the victim network. After getting some of the accessible system, he starts to scan the port to find out any open port in the desired system. The size of subnet is bigger than that of the in IPv4 networks. To perform a scan for the whole subnet an attacker should make 264 probes and that???s impossible. With this fact, IPv6 networks are much more resistant to reconnaissance attacks than IPv4 networks. Unfortunately, there are some addresses which are multicast address in IPv6 networks that help an intruder to identify and attack some resources in the target network.

2.1.2 Security threats related to IPv6 routing headers

As per IPv6 protocol specification, all of the IPv6 nodes must be able to process routing headers. In fact, routing headers can be used to avoid access controls based on destination addresses. Such action can cause security effects. It may be happen that an attacker sends a packet to a publicly accessible address with a routing header containing a ???forbidden??? address on the victim network. In such matter the publicly accessible host will forward the packet to the destination address stated in the routing header even though that destination is already filtered before as a forbidden address. By spoofing packet source addresses an intruder can easily perform denial of service attack with use of any publicly accessible host for redirecting attack packets.

2.1.3 Fragmentation related security threats

As per IPv6 protocol specification, packet fragmentation by the intermediate nodes is not permitted. Since in IPv6 network based on ICMPv6 messages, the usage of the path MTU discovery method is a duty, packet fragmentation is only allowed at the source node.1280 octets is the minimal size of the MTU for IPv6 network. The packets with size less than 1280 octets to be discarded unless it???s the last packet in the flow as per security reasons. With use of fragmentation, an attacker can get that port numbers not found in the first fragment and thus they bypass security monitoring devices expecting to find transport layer protocol data in the very first fragment. An attacker will send a huge amount of small fragments and create an overload of reconstruction buffers on the victim system which resulted to the system crash. To prevent system from such attacks it???s necessary to bound the total number of fragments and their permissible arrival rate.

[supanova_question]

WMBA 6000-13 Topic: Course Evaluation professional essay help

WMBA 6000-13

Topic: Course Evaluation

Date: March 2, 2014

Based on the assigned readings for this course (Dynamic Leadership), I have read an enormous amount of information about the different categories of leaders and leadership styles. Today’s leaders are different from the leaders of twenty to fifty years ago. In the past leaders gave commands and they controlled the actions of others. Today leaders are willing to involve others in their decision making and they are more open to new possibilities.

A good leader has a vision for their organization and they know how to align and engage employees in order to promote collaboration. The successful leader knows how to lead by using superior values, principles and goals that fit the organization’s values, principles and goals. Also these leaders know that leadership is not made from authority, it’s made from trust and followership. Coleman, J., Gulati, & Segovia, W.O. (2012)

I am impressed most by the characteristics of the authentic leader because they know how to develop themselves; they use formal and informal support networks to get honest feedback in order to drive long-term results. Authentic leaders build support teams to help them stay on course and counsel them in times of uncertainty. George, B., Sims, P., Mclean, A.N. & Mayer D. (2007)

In addition, I found the Leadership Code to be important because it provides structure and guidance and helps one to be a better leader by not emphasizing one element of leadership over another. Some focus on the importance of vision for the future; others on executing in the present; others on personal charisma and character; others on engaging people’; and others on building long-term organization. The code represents about 60 to 70 percent of what makes an effective leader. Ulrich, D., Smallwood, N., Sweetman, K. (2008)

The information that I acquired from this course will help me to pursue the goal of owning a beauty supply business. Another goal that I can add to my action plan is to include not only wigs and welted hair, but I will add hair, skin and nail products to my inventory. A future goal will be to add handbags and accessories as well.

After completing my short-term goal of finishing my MBA, I can take the knowledge from this course along with my values, ethics and principles to help me to manage employees and operate a successful business. Annie Smith (March 2, 20

Coleman, J. G. (2012). Educating young leaders. Passion and Purpose , 197-202.

George, B. S. (2007). Discovering your authentic leadership. Harvard Business Review , 129-138.

Lyons, R. (2012). Dean of Haas of School of Business University of California, Berkely. It’s made from followership. (J. G. Cole, Interviewer) Coleman, J., Gulati, D., & Segovia, W.O.

Ulrich, D. S. (2008). Five rules of leadership. In The leadership code five rules to lead by. Defining Leadership Code , 1-24.

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Family presence during CPR (cardiopulmonary resuscitation) essay help site:edu

In a pre-hospital setting, there are few moments that are as intense as the events that take place when trying to save a life. Family presence during these resuscitation efforts has become an important and controversial issue in health care settings. Family presence during cardiopulmonary resuscitation (CPR) is a relatively new issue in healthcare. Before the advent of modern medicine, family members were often present at the deathbed of their loved ones. A dying person’s last moments were most often controlled by his or her family in the home rather than by medical personnel (Trueman, History of Medicine). Today, families are demanding permission to witness resuscitation events. Members of the emergency medical services are split on this issue, noting benefits but also potentially negative consequences to family presence during resuscitation efforts.

A new study has found that family members who observed resuscitation efforts were significantly less likely to experience symptoms of post-traumatic stress, anxiety and depression than family members that did not. The results, published in an online article in The New England Journal of Medicine, entitled ‘Family Presence during Cardiopulmonary Resuscitation,’ were the same regardless of the survival of the patient. The study involved 570 people in France whose family members were treated by emergency medical personnel at home. These EMS teams were unique in that they were comprised of a physician, a nurse trained in emergency medicine, and two emergency medical technicians. The study found that the presence of relatives did not affect the results of CPR, nor did it increase the stress levels of the emergency medical teams. Having family present also did not result in any legal claims after the incidents occured. While the unique limitations of the study warrant consideration, the results show a definite benefit in having families stay during CPR (Jabre Family Presence).

Historically, although parents of children have been allowed to be present for various reasons, relatives of adult patients have not. As medical practices change to increasingly involve family in the care of patients, growing numbers of emergency medical practitioners say that giving relatives the option of watching CPR can be a good idea. Several national organizations, including The American Heart Association, have revised their policies to call for giving family members the option of being present during CPR (AHA Guidelines for CPR). Witnessing CPR, say some emergency medical experts and family members, can take the mystery out of what could be a potentially terrifying experience. It can provide reassurance to family members that everything is being done to save their loved ones. It also can offer closure for relatives wanting to be with their family members until the last minute (Kirkland Lasting Benefit). Another benefit is that it shows people why reviving someone in cardiac arrest is much less likely than people assume from watching it being done on television (Ledermann Family Presence During). Family members who can truly understand what it means to ‘do everything possible’ can go on to make more informed decisions about end-of-life care for themselves or their families.

There are three perspectives on this issue- that of the emergency medical personnel providing care, the family, and the patients. The resistance on the part of the medical community to family presence during CPR stems from several different concerns. The most common concern among these is that family members, when faced with overwhelming fear, stress and grief, could disrupt or delay active CPR. Another concern raised by emergency medical personnel is that the realities of CPR may simply be too traumatic for loved ones, causing them to suffer more than they potentially would have if they had never witnessed the event. Some families share this view, citing the potential for extreme distress as a main reason for not wanting to witness resuscitation (Grice Study examining attitudes). Many emergency medical personnel also fear an increased risk of liability and litigation with family members present in the room (Fullbrook the Presence of Family). The worry is that errors can occur, inappropriate comments may be made, and the actions of the personnel involved may be misinterpreted. In an already tense situation, the awareness of the family could increase the anxiety of the personnel and create a greater potential for mistakes.

Another complication that arises from having families present during resuscitation attempts is that of patient confidentiality. The patient’s right to privacy should not be circumvented with implied consent. There is always the possibility that medical information previously unknown to the family may be revealed in the chaos of resuscitation. In addition, patient dignity, whether physical or otherwise, may become compromised (Fullbrook the Presence of Family). Beyond moral considerations, legal concerns regarding revealing patient information are real. This could become an even larger issue if there is no one available to screen witnesses, which could result in unrelated people gaining access to personal information. Eventually, a breach in confidentiality can lead to a breach in the confidence that the public has gained in pre-hospital emergency care.

Family presence during CPR in a pre-hospital setting remains a highly debatable topic. This could be largely due to the fact that the needs of the emergency medical providers and the rights of the patients can be at odds with the wishes of the family members. Although there are several possible reasons why family presence is not being welcomed into daily practice, one of the major reasons could be the lack of formal written policies that define the roles of families and providers placed into this situation. Bringing family members into a situation where CPR is being performed on a loved one should not happen haphazardly. It should happen with careful concern and support for everyone involved. Policies and protocols, defined by experienced personnel, can provide legal and emotional support. They can also potentially help ease anxiety by defining expectations and placing responsibility in the hands of people who are experienced enough to know how to handle the situation appropriately. The policies and protocols should address the basic needs of all people involved. Five basic needs should be addressed:

1. The number of people allowed to be present

2. Which relatives should be allowed to be present (age, relationship, etc.)

3. The role of the family members present and what is expected of them.

4. The place where the family should remain during the duration of CPR.

5. The formal wishes of the patient- written as a directive like a living will.

An important component of this is available, trained staff that can prepare the family members for what they will witness, support them through the event, and then direct them after the event’s conclusion.

The American Heart Association states that the goals of cardiopulmonary resuscitation are, ‘to preserve life, restore health, relieve suffering, limit disability, and respect the individual’s decisions rights and privacy’ (AHA Guidelines for CPR). The practice of offering family members the opportunity to be present during CPR is a controversial ethical issue in emergency medical services. While the results of the study published on this topic in The New England Journal of Medicine clearly show no negative side effects from having families present during resuscitation attempts, the limitations of the study lend to the need for more research before it could be universally accepted.

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Respondeat Superior college admissions essay help

Legal claims that derive from a situation where there are claims of negligence can sometimes involve an entity other than the neglectful parties. In certain circumstances employers are fully responsible for their employees, and the tasks they perform during working hours. During the course of this paper, the doctrine of respondeat superior will be defined and explained. Two case studies in which the doctrine was applied will also be analyzed to determine if it was applied correctly.

Respondeat superior is a legal theory that holds employers responsible for any negligent or harmful act performed by an employee during the commission of their employment duties (Thornton, 2010). The Maryland Supreme Court in 1951 was the first court to utilize respondeat superior in a court case involving a question of employer liability (Burns, 2011). This doctrine is important as it holds employers liable in court cases where one of its employees does harm to an individual. Vicarious liability and indirect liability are two base concepts that make-up respondeat superior (Thornton, 2010). Respondeat superior shows that the employer did not have to be responsible for the employee???s negligent behavior, in the form of improper training or instruction to perform harmful acts, in order for the employer to be held legally responsible.

In the case of Valle v. City of Houston, the police force was sued for excessive force and an illegal search in an attempt to remove an individual from his parent???s home (Nicholl & Kelly, 2012). The situation stemmed from a man, Omar Esparza, barricading himself in his parent???s home and refusing to come out (p. 285). After a long police standoff, the SWAT team was ordered to forcefully enter the home and remove Mr. Esparza (p. 285). The SWAT team utilized taser gun and bean bag ammunition in an attempt to subdue Mr. Esparza after they felt he posed a physical threat by wielding a hammer, but as those attempts failed the suspect was fatally wounded when an officer fired his weapon (p. 286). Shortly after the incident the mother was allowed into the home, and she reported no visible evidence that her son was possession of a hammer (p. 286). The court found that the city was not liable for damages under the theory of respondeat superior, because the order to remove the individual from the home was not made by an individual deemed as a decision-maker by the city (p. 286).

From the outside, this case seems to fit the theory of respondeat superior. As the employer, the city should be held responsible for the actions of its employees. The police, serving as the city???s employees acted in a manner that was unnecessary for the situation and in conflict of their training (p. 286). However, the court sided with the City of Houston because the chain of command was not followed in regards to the use of force (p. 286). The end result is a case where an individual made a decision that was not his to make; that ultimately cost a man his life.

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Process Essay: Doing Laundry Free College Essay Help

Starting college life is something that many people have to do, and then new responsibilities come. In addition, there is something that almost anybody thinks about it, but this is always there, and it is ‘Doing laundry.’ Doing laundry is something that everyone has to do, but no everyone knows how to do. It can be confusing and stressful at first, and most people don’t find it fun, but it has to be done. In fact ‘Follow these basic guidelines and you will have clean clothes to wear tomorrow.’

First of all, learn about doing laundry is really easy. Checking care labels information procedures will be obtained. Labels indicate that clothes should not be washed or need to be washed in a different way. The international clothing symbols tell everything needed to know about how to wash each item.

Second, place the duty clothes into different piles, each of which will be washed separately. For instance, separate dark colors, light colors and white colors. Even, separate heavy clothes from light clothes to obtain a better washed. ‘To reduce link, never wash lint producing fabrics and lint attracting fabrics together!’

Third, select a laundry detergent and read the directions. Detergent bottle tells what amount should be used for each wash load. Select the appropriate water temperature. Colors are washed in cold water, and whites are washed in warm water. Add clothes into washing machine over without charge, or the clothes will not be cleaned well if there is too much laundry in it.

Fourth, after the clothes are washed, shake them out to dry easier. Check lint tray is clean and, place separated clothes by fabric type in the dryer and choose drying level shown on its label.

Finally, take clothes from the drying machine, and fold them. In fact these are some steps to make people’s laundry easier.

In conclusion, doing laundry can be confusing and stressful at first. And it could seem difficult, complex and very complicated, but it is not what it seems. Learn how to do the laundry everyone can extend its clothes’ life. After all, doing laundry is necessary and essential, and almost nobody is exempted to do it.

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Respondeat Superior college admissions essay help

Legal claims that derive from a situation where there are claims of negligence can sometimes involve an entity other than the neglectful parties. In certain circumstances employers are fully responsible for their employees, and the tasks they perform during working hours. During the course of this paper, the doctrine of respondeat superior will be defined and explained. Two case studies in which the doctrine was applied will also be analyzed to determine if it was applied correctly.

Respondeat superior is a legal theory that holds employers responsible for any negligent or harmful act performed by an employee during the commission of their employment duties (Thornton, 2010). The Maryland Supreme Court in 1951 was the first court to utilize respondeat superior in a court case involving a question of employer liability (Burns, 2011). This doctrine is important as it holds employers liable in court cases where one of its employees does harm to an individual. Vicarious liability and indirect liability are two base concepts that make-up respondeat superior (Thornton, 2010). Respondeat superior shows that the employer did not have to be responsible for the employee???s negligent behavior, in the form of improper training or instruction to perform harmful acts, in order for the employer to be held legally responsible.

In the case of Valle v. City of Houston, the police force was sued for excessive force and an illegal search in an attempt to remove an individual from his parent???s home (Nicholl & Kelly, 2012). The situation stemmed from a man, Omar Esparza, barricading himself in his parent???s home and refusing to come out (p. 285). After a long police standoff, the SWAT team was ordered to forcefully enter the home and remove Mr. Esparza (p. 285). The SWAT team utilized taser gun and bean bag ammunition in an attempt to subdue Mr. Esparza after they felt he posed a physical threat by wielding a hammer, but as those attempts failed the suspect was fatally wounded when an officer fired his weapon (p. 286). Shortly after the incident the mother was allowed into the home, and she reported no visible evidence that her son was possession of a hammer (p. 286). The court found that the city was not liable for damages under the theory of respondeat superior, because the order to remove the individual from the home was not made by an individual deemed as a decision-maker by the city (p. 286).

From the outside, this case seems to fit the theory of respondeat superior. As the employer, the city should be held responsible for the actions of its employees. The police, serving as the city???s employees acted in a manner that was unnecessary for the situation and in conflict of their training (p. 286). However, the court sided with the City of Houston because the chain of command was not followed in regards to the use of force (p. 286). The end result is a case where an individual made a decision that was not his to make; that ultimately cost a man his life.

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Lee Greenwood And John Newton, Composers Free College Essay Help

Lee Greenwood and John Newton are two composers that have written great works of art. Lee Greenwood is famous for the song “God Bless the USA” while John Newton wrote “Amazing Grace”. When choosing a composer to research I picked these two men because of what they songs they composed mean to me and make me feel. I have grown up with knowing the song “Amazing Grace” but did not know anything about the man who composed it or why he was compelled to write this hymn. The same for “God Bless the USA”, Lee Greenwood will always be remembered for this song but I always wanted to know why he wrote it.

Lee Greenwood is a California native born in October 27, 1947.Lee Greenwood has always had music in his life. He was in the band in high school that played pop, jazz, rhythm and Blues but eventually made his way to Nashville playing country music. Lee plays the drums, piano, saxophone, trumpet, banjo, timpani and vocals. Lee did not attend college for technical musical training, he played many different places including Nevada eventually moving his way to Nashville. Lee writes mostly country at this time but has in the past used his pop, jazz and rhythm and blues background to write songs. Many songs have been written by Lee Greenwood including: ” I.O.U.”, ” Somebody’s Gonna Love You” and ” Dixie Road”. Lee comes from a farming family and still helps out on the farm but his main source of income is music. The married the love of his life Kim and they had two boys Dalton and Parker. He is a “conservative Christian”. Lee has some significant honors in country music including Male Vocalist in 1983 & 1984 from the Country Music Association, Grammy for top Male Performance of “I.O.U.”. and in 2001 one about 18 years after he wrote “God Bless the USA” the song went number one on the pop charts (http://www.leegreenwood.com/biography).

John Newton was born in London England on July 24, 1725. John composed hymns later in life while he was ships in his younger years. John self taught himself after he left boarding school. John was also a preacher in the evangelical church. He married Mary, a women he had loved since he was a young man. While they did not have children of their own they raised their nieces. John wrote ” Glorious Things of Thee are Spoken”, ” Sinner Art thou still secure?” and ” Saved by Blood I Live to Tell” just to name a few. John was a strong advocate to abolish slavery in his later years while he did run a slave ship when he was younger.

Lee Greenwood and John Newton have several similarities. Both men have a sing relationship with their faith in God. John became an evangelical preacher and Lee is a Baptist. Lee and John have ties to the military. Lee Greenwood’s father was in the merchant Marines and Navy, this could be one of the reasons he felts so compelled to write “God Bless the USA”. Johns was in the British Navy as a young man. Throughout his stay in the Navy John has seen many different circumstances. Both men married women that were and are the loves of their lives, Lee married Kim and John married Mary.

With as many similarities that the two man had with each other they also has many differences. John was in the era of slavery. He was one of the front runners supporting to abolish slavery. Lee Greenwood was not around during this time. John Newton was a writer of hundreds of hymns while Lee Greenwood stuck with country and pop songs. John Newton’s mother died and his father remarried while Lee’s parents were divorced. Lee Greenwood also has a sister while John was an only child.

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The limitations of the Chit Acts summary and response essay help

1.1 BACKGROUND OF THE STUDY

The financial system assumes strategically a very important role in channelling the funds from surplus units to deficit units. The financial system here refers to the group of institutions, markets and instruments which helps in formation of capital and thus accelerates to the pace of economic development.

The base of this study stems from the fact that there exists a gap between gross capital formation and gross domestic savings in India. So, there exists the need to augment the growth rate of voluntary domestic savings. This goal can be realized by widening and strengthening the working of different financial intermediaries which will result in mobilizing savings from various income level categories. .It is in this context that the role of the Non-Banking Financial Intermediaries like Chit Finance should be appreciated in supplementing the functions of the Banking Institutions.

Chit funds are Chit funds are the Indian equivalent of the Rotating Savings and Credit Associations (ROSCA). ROSCAs are famous in many parts of the world and is seen as an instrument to ‘save and borrow’ simultaneously. ROSCAs basically started as a way to help in fulfilling the needs of the low-income households as it enables the people to convert their small savings into lump sums. The concept of chit funds originated more than 1000 years ago. Initially it was in the form of an informal association of traders and households within communities, wherein the members contributed some money in return for an accumulated sum at the end of the tenure. Participation in Chit funds was mainly for the purpose of purchasing some property or, in other words, for ‘consumption’ purposes. However, in recent times, there have been tremendous alterations in the constitution and functioning of Chit funds. A significant difference between Chit Funds and ROSCAs are that in most places ROSCAs are user-owned and organized informally, but chit funds have been formally institutionalized in India. (Chit Funds-An innovative access to finance for low income households, 2009)

1.1.1 WHAT DO WE MEAN BY CHIT FUNDS?

Chit fund is a savings-cum-borrowing instrument. The basic aim of this instrument is to pool small amount of savings by all the members which is then managed by a foreman. The foreman has the responsibility to act as a trustee-cum-supervisors for the process of collection and allotment of the pooled amount.

Chit funds represent a traditional form of saving-cum-credit institution evolved before the bank system was introduced in rural India. There are many who avail themselves of this avenue for saving for a reasonable return.

1.1 NEED AND RATIONALE OF THE STUDY

Despite the growth of a wide range of savings avenues and the widespread network of banks and other financial institutions, it has been found that Chit scheme still forms an important part in the asset portfolio of many households and firms in India and especially in South India including Karnataka. Also, the review of literature shows that there are only a few studies on Chit Finance. Therefore, the need to conduct the study stems from the requirement to understand Chit Funds in Bangalore.

1.2 NEED TO CONDUCT THE STUDY

The research titled ‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’ The study estimates the net returns and interest rate on Chit funds. This study tries to point out the limitations of the Chit Acts and suggests feasible recommendations for improving the working of such institutions.

.3.2 STATEMENT OF THE PROBLEM

‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’.

VARIABLES UNDER INVESTIGATION

1. Age

2. Occupation

3. Monthly income

4. Gender

5. Bank loan

6. Regular participation in chit fund

7. Membership in multiple chit schemes

8. Cause for participating in multiple schemes

9. Preferred avenue of saving

10. Preferred source of finance

11. Safety

12. Better service

13. Flexibility

14. Timely Payment

15. Low commission

16. Personal contact

17. Unregistered chit funds membership

18. Cause for participating in unregistered chit funds

19. Cause for not participating in unregistered chit fund

3.5 OBJECTIVES OF THE STUDY

3.5.1 OBJECTIVE(PRIMARY)

1. To understand the behaviour and financial needs of the chit fund members.

2. To identify the important predictors behind chit fund participation

3.5.2 OHER OBJECTIVES OF RESEARCH

1. To estimate interest rates in registered chit funds.

2. To compare the relative ratings of Chit subscribers towards registered and unregistered chit funds on

3. To estimate the return on Chit Funds.

3.6 HYPOTHESIS

There are two types of statistical hypotheses.

1. Null hypothesis

2. Alternative hypothesis.

Hypothesis 1:

H0: There is no significant relation between gender and cause for participation in chit fund.

H1: There is significant relation between gender and cause for participation in chit fund.

Hypothesis 2:

H0: There is no significant relation between occupation and cause for participation in chit fund.

H1: There is significant relation between occupation and cause for participation in chit fund.

Hypothesis 3:

H0: There is no significant relation between age and causes for participation in chit fund

H1: There is significant relation between age and cause for participation in chit fund

Hypothesis 4:

H0: There is no significant relation between monthly income and cause for participation in chit fund

H1: There is significant relation between monthly income and cause for participation in chit fund

Hypothesis 5:

H0: There is no significant relation between gender and causes for bidding in chit fund

H1: There is significant relation between gender and cause for bidding in chit fund

Hypothesis 6:

H0: There is no significant relation between occupation and cause for bidding in chit fund

H1: There is significant relation between occupation and cause for bidding in chit fund

Hypothesis 7:

H0: There is no significant relation between age and cause for bidding in chit fund

H1: There is significant relation between age and cause for bidding in chit fund

Hypothesis 8:

H0: There is no significant relation between monthly income and cause for bidding in chit fund

H1: There is significant relation between monthly income and cause for bidding in chit fund

Hypothesis 9:

H0: There is no significant relation between gender and cause for saving in chit fund

H1: There is significant relation between gender and cause for saving in chit fund

Hypothesis 10:

H0: There is no significant relation between occupation and cause for saving in chit fund.

H1: There is significant relation between occupation and cause for saving in chit fund.

Hypothesis 11:

H0: There is no significant relation between age and cause for saving in chit fund

H1: There is significant relation between age and cause for saving in chit fund

Hypothesis 12:

H0: There is no significant relation between having bank loan and membership in multiple chit schemes.

H1: There is significant relation between having bank loan and membership in multiple chit schemes.

Hypothesis 13:

H0: There is no significant relation between monthly income and participation in unregistered chit funds

H1: There is significant relation between monthly income and participation in unregistered chit funds

Hypothesis 14 :

H0: There is no significant relation between causes to prefer chit fund over bank and having bank loan.

H1: There is significant relation between causes to prefer chit fund over bank and having bank loan.

Hypothesis 15:

H0: Presence of safety, flexibility, timely payment, low commission, better service, personal contact, having a bank loan are no significant predictors of regular participation in chit fund.

H1: Presence of safety, flexibility, timely payment, low commission, better service, personal contact ,having a bank loan,are significant predictors of regular participation in chit fund.

.

3.8 SAMPLING METHOD

Members of four registered chit fund companies in Bangalore. The four registered chit fund companies were selected due to the large size of their subscriber base.

3.8.3 SIZE OF SAMPLE

150 respondents

3.9 MECHANISM OF STUDY

3.9.1 PRIMARY RESEARCH

Questions relating to behaviour and financial pattern will be found out through questionnares

3.9.2 SECONDARY RESEARCH

‘ Reports on chit fund industry

OVERVIEW OF INDIAN CHIT FUND INDUSTRY

4.1.1 NUMBER OF REGISTERED CHIT FUND COMPANIES:

According to the Ministry of Corporate Affairs, as on 31st December, 2013:

Volume of registered chit companies: 5412

Volume of chit companies in Karnataka: 703

Number of chit fund companies in Bangalore: 315

UNREGISTERED CHIT FUND INDUSTRY

Although unregistered chits are an informal source of finance but still they are a significant part of the chit fund industry. Though they are more easily accessible as compared to registered chit funds.

4.3 PURPOSE OF THE STUDY

The study titled ‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’ attempt in The study estimates the net returns and interest rate on Chit funds. This study also examines the limitations of the Chit Acts and suggests suitable recommendations for improving the functioning of such institutions.

4.4 LIMITATION OF STUDY

‘ Unwillingness of the members to share their income and financial details made the task of data collection somewhat difficult.

‘ Collecting data became difficult since I don’t know the regional languages.

5.2 ANALYSIS OF DATA

The analysis is done on the primary data collected from 150 chit funds members in Bangalore

TESTING OF HYPOTHESES

5.4.1 Hypothesis 1:

H0: There is no significant relation between gender and cause for participation in chit fund.

H1: There is significant relation between gender and cause for participation in chit fund.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 31.070a 16 .013

Likelihood Ratio 35.945 16 .003

Linear-by-Linear Association 8.809 1 .003

N of Valid Cases 150

a. 1 cells (10.0%) have expected count less than 5. The minimum expected count is .30.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .455 .013

Cramer’s V .228 .013

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The value of chi-square=31.070 was p=.013, less than 0.05.

We can see that the strength of association between the variables is moderate (Phi and Cramer’s V -0.455).

Therefore, the research hypothesis that differences in ’cause to participate in chit funds’ are related to differences in ‘age” is supported by this analysis. This means that different age groups of the chit fund members have different reasons of participating in chit funds. As can be seen from the table above that those who belong to ’36-45 years’ have saving as the predominant reason to participate whereas members of other age groups do not have any dominant reason to participate.

5.4.2 Hypothesis 2:

Hypothesis 2:

H0: There is no significant relation between occupation and cause for participation in chit fund.

H1: There is significant relation between occupation and cause for participation in chit fund.

Hypothesis 3:

. Hypothesis 3:

H0: There is no significant relation between age and causes for participation in chit fund

H1: There is significant relation between age and cause for participation in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 10.018a 4 .040

Likelihood Ratio 10.478 4 .033

Linear-by-Linear Association 6.876 1 .009

N of Valid Cases 150

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .258 .040

Cramer’s V .258 .040

N of Valid Cases 150

a. Not assuming the null hypothesis.

a. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The value of chi-square=10.018 was p=.040, less than 0.05.

.We can see that the strength of association between the variables is weak (0.258)

Therefore, the research hypothesis that differences in ’cause to participate in chit funds’ are related to differences in ‘gender” is supported by this analysis. This means that males and females have different reasons of participating in chit funds. As it can be seen that males participate in chit funds for business and personal consumption purposes apart from saving whereas women predominantly participate to save.

5.4

Hypothesis 4:

H0: There is no significant relation between monthly income and cause for participation in chit fund

H1: There is significant relation between monthly income and cause for participation in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 82.176a 12 .000

Likelihood Ratio 97.665 12 .000

Linear-by-Linear Association 15.696 1 .000

N of Valid Cases 150

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .740 .000

Cramer’s V .427 .000

N of Valid Cases 150

INTERPRETATION:

We can see that the strength of association between the variables is strong (0.740)

Therefore, the research hypothesis that differences in ‘reason to participate in chit funds’ are related to differences in ‘occupation” is supported by this analysis. It can be seen that the self-employed members mainly participate to avail for business reasons whereas salaried employee participate mainly for personal consumption purposes.

Hypothesis 5:

Hypothesis 5:

H0: There is no significant relation between gender and causes for bidding in chit fund

H1: There is significant relation between gender and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 66.691a 20 .000

Likelihood Ratio 43.579 20 .002

Linear-by-Linear Association 4.804 1 .028

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .07.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .667 .000

Cramer’s V .333 .000

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The (chi-square=66.691) was p=.000, less than 0.05.

We can see that the strength of association between the variables is moderately strong (0.667)

Therefore, the research hypothesis that differences in ’cause to bid in chit funds’ are related to differences in ‘age” is supported by this analysis. It can be seen that the members of age group’36-45 years’ are more interested in bidding for business related purposes where members of other age groups bid mainly for emergency needs.

5.4.6 Hypothesis 6:

. Hypothesis 6:

H0: There is no significant relation between occupation and cause for bidding in chit fund

H1: There is significant relation between occupation and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 7.167a 5 .209

Likelihood Ratio 7.885 5 .163

Linear-by-Linear Association 1.120 1 .290

N of Valid Cases 150

a. 5 cells (41.7%) have expected count less than 5. The minimum expected count is .81.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .219 .209

Cramer’s V .219 .209

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=7.167) was p=.209, more than the alpha level of significance of 0.05.

Therefore, the research hypothesis that differences in ‘reason to bid in chit funds’ are related to differences in ‘gender” is not supported by this analysis.

5.4.7 Hypothesis 7:

Hypothesis 7:

H0: There is no significant relation between age and cause for bidding in chit fund

H1: There is significant relation between age and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 180.915a 15 .000

Likelihood Ratio 160.460 15 .000

Linear-by-Linear Association 28.379 1 .000

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .13.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi 1.098 .000

Cramer’s V .634 .000

N of Valid Cases 150

INTERPRETATION:

The (chi-square=180.915) was p=.000, less than 0.05.

We can see that the strength of association between the variables is extremely strong (1.098)

Therefore, the research hypothesis that differences in’ are related to differences in ‘occupation” is supported by this analysis. It can be clearly seen that self-employed people bid in chit scheme mostly for business purposes, salaried people for emergency needs and housewives for household purposes.

5.4.8 Hypothesis 8:

Hypothesis 8:

H0: There is no significant relation between monthly income and cause for bidding in chit fund

H1: There is significant relation between monthly income and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 123.331a 35 .000

Likelihood Ratio 106.298 35 .000

Linear-by-Linear Association 4.957 1 .026

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=123.331) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is extremely strong (.907)

Therefore, the research hypothesis that differences in ‘reason to bid in chit funds’ are related to differences in ‘income” is supported by this analysis. It can be clearly seen that low income members bid mostly for consumption reasons whereas higher income members bid for business related and emergency purposes.

SUMMARY:

Reason to bid in chit fund has the strongest association with the occupation of the chit fund members as the probability of the chi-square test statistic (chi-square=180.915) was p=.000 and the strength of association between the variables is extremely strong (1.098).

5.4.

Hypothesis 9:

H0: There is no significant relation between gender and cause for saving in chit fund

H1: There is significant relation between gender and cause for saving in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 21.702a 16 .153

Likelihood Ratio 23.775 16 .095

Linear-by-Linear Association 2.397 1 .122

N of Valid Cases 150

INTERPRETATION:

The chi-square=123.331) was p=.153, more than 0.05. Therefore, the research hypothesis that differences in ’cause to save in chit funds’ are related to differences in ‘age” is not supported by this analysis.

5.4.10 Hypothesis 10:

H0: There is no significant relation between occupation and cause for saving in chit fund.

H1: There is significant relation between occupation and cause for saving in chit fund.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 20.510a 4 .000

Likelihood Ratio 29.038 4 .000

Linear-by-Linear Association 7.062 1 .008

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .81.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .370 .000

Cramer’s V .370 .000

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The chi-square=20.510) was p=.000, less than 0.05.

We can see that the strength of association between the variables is weak (.370).Therefore, the research hypothesis that differences in ’cause to save in chit funds’ are related to differences in ‘gender” is supported by this analysis.

5.4.11 Hypothesis 11:

Hypothesis 11:

H0: There is no significant relation between age and cause for saving in chit fund

H1: There is significant relation between age and cause for saving in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 67.261a 12 .000

Likelihood Ratio 60.380 12 .000

Linear-by-Linear Association 9.507 1 .002

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .13.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .670 .000

Cramer’s V .387 .000

N of Valid Cases 150

INTERPRETATION:

The chi-square=67.261 was p=.000, less than 0.05.

We can see that the strength of association between the variables is moderately strong(.670).Therefore, the research hypothesis that differences in ‘reason to cause in chit funds’ are related to differences in ‘occupation” is supported by this analysis. Salaried people save their money in chit fund with no particular purpose. But self-employed people are equally interested in saving for house purchase as well as for general purpose.

SUMMARY:

chit fund is most closely associated with occupation of the chit fund members as it has the highest value of chi-square statistic and Phi coefficient.

5.4.12 Hypothesis 12:

Hypothesis 12:

H0: There is no significant relation between having bank loan and membership in multiple chit schemes.

H1: There is significant relation between having bank loan and membership in multiple chit schemes.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 56.697a 3 .000

Likelihood Ratio 67.900 3 .000

Linear-by-Linear Association 36.400 1 .000

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=56.697) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is strong (.615).

Therefore, the research hypothesis that differences in ‘membership in multiple chit schemes are related to differences in ‘having currently bank loan” is supported by this analysis. It is clearly evident that those members currently having bank loan have invested in only one chit scheme whereas those members who do not have availed bank loan have invested in more than one chit schemes.

5.4.13 Hypothesis 13:

Hypothesis 13:

H0: There is no significant relation between monthly income and participation in unregistered chit funds

H1: There is significant relation between monthly income and participation in unregistered chit funds

.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 96.660a 7 .000

Likelihood Ratio 85.378 7 .000

Linear-by-Linear Association 59.577 1 .000

N of Valid Cases 150

a. 1 cell(10.0%) has expected count less than 5. The minimum expected count is 1.08.

INTERPRETATION:

The chi-square=96.660 was p=.000, less than 0.05.

We can see that the strength of association between the variables is extremely strong (.803).

Therefore, the research hypothesis that differences in ‘participation in unregistered chit funds’ are related to differences in ‘income” is supported by this analysis. It is clearly evident that mostly low- income members have participated in unregistered funds. This is because the registered funds have become expensive due to the increase in their operational cost as a result of stringent regulations.

5.2.14 Hypothesis 14 :

H0: There is no significant relation between causes to prefer chit fund over bank and having bank loan.

H1: There is significant relation between causes to prefer chit fund over bank and having bank loan

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 28.049a 5 .000

Likelihood Ratio 31.806 5 .000

Linear-by-Linear Association 2.967 1 .085

N of Valid Cases 150

a. 2 cells (15.0%) have expected count less than 5. The minimum expected count is 1.79.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .432 .000

Cramer’s V .432 .000

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=28.049) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is moderate (.432).

Therefore, the research hypothesis that differences in ’cause to prefer chit fund over bank’ are related to differences in ‘having bank loan” is supported by this analysis. It is clearly evident that members who have bank loan have preferred chit fund over bank mainly due to better dividends. But those who do not have bank loan prefer chit fund over bank mainly due to better service in terms of more personalized service.)

5.2..15 Hypothesis 15: To identify significant predictors of regular participation in chit funds using Binary Logistic Regression

Hypothesis 15:

H0: Presence of safety, flexibility, timely payment, low commission, better service, personal contact, having a bank loan are no significant predictors of regular participation in chit fund.

H1: Presence of safety, flexibility, timely payment, low commission, better service, personal contact ,having a bank loan,are significant predictors of regular participation in chit fund.

Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 0 Constant -1.046 .186 31.574 1 .000 .351

Model Summary

Step -2 Log likelihood Cox & Snell R Square Nagelkerke R Square

1 37.170a .533 .576

a. Estimation terminated at iteration number 6 because parameter estimates changed by less than .001.

Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 1a bank_loan(1) 1.068 1.265 14.715 1 .000 11.720

reason_2 2.286 4 .683

reason_2(1) 1.336 1.077 1.540 1 .215 3.805

reason_2(2) .134 2.239 .004 1 .952 1.143

reason_2(3) -.559 1.896 .087 1 .768 .572

reason_2(4) .731 1.347 .294 1 .588 2.076

reason_3 4.874 5 .431

reason_3(1) 1.188 .924 1.652 1 .199 3.279

reason_3(2) 1.661 2.048 .658 1 .417 5.263

reason_3(3) -1.654 1.228 1.813 1 .178 .191

reason_3(4) .404 1.192 .115 1 .735 1.497

reason_3(5) -17.379 20.722 .000 1 .700 .000

reason_4 .355 4 .986

reason_4(1) -1.047 1.850 .320 1 .571 .351

reason_4(2) -.839 1.979 .180 1 .672 .432

reason_4(3) -.932 1.637 .324 1 .569 .394

reason_4(4) 3.519 4.199 .000 1 .600 3.746

reason_5 8.553 5 .128

reason_5(1) -.254 1.768 .021 1 .886 .776

reason_5(2) -19.245 9.890 .000 1 .999 .000

reason_5(3) 1.420 1.338 1.126 1 .289 4.136

reason_5(4) -.747 1.306 .327 1 .567 .474

reason_5(5) .561 1.342 .174 1 .676 1.752

B S.E. Wald df Sig. Exp(B)

Step 1a Safety -.075 .320 4.377 1 .011 0.928

Flexi -.178 .426 3.337 1 .021 0.837

commision -.185 .188 1.868 1 .026 0.831

payment -.267 .178 1.657 1 .097 0.766

service -.859 .412 1.348 1 .083 0.424

personal -1.122 .163 .996 1 .079 0.329

Constant 3.058 2.440 1.571 1 .010 21.291

a. Variable(s) entered on step 1: : bank_loan, reason_2, reason_3, reason_4, reason_5.imp1, imp2, imp3, imp4, imp5, imp6.

INTERPRETATION:

‘ -2 Log Likelihood statistic is 37.170. This statistic how poorly the model predicts the decisions — the smaller the statistic the better the model. Since, 37.170 is a relatively small number therefore, this model is able to predict the decisions in a better way.

‘ Here Cox & Snell R Square statistic indicates that 53.3% of the variation in the regular participation in chit funds is explained by the logistic model.

‘ In our case Nagelkerke R Square is 0.576, indicating a moderate relationship of 57.6 % between the predictors and the prediction.

‘ If it is less than .05 then, we will reject the null hypothesis and accept the alternative hypothesis.

‘ In this case, we can see that bank loan, safety, flexibility and low commission have contributed signi’cantly to the prediction of regular participation in chit funds but other variables are not significant predictors of regular participation in chit funds.

‘ Since only bank loan has p=.000, therefore we can say that bank loan is the most significant predictor

among other significant predictors. This is followed by safety (p=.011), flexibility (p=.021) and low commission (p=.026).

‘ Here, the EXP (B) bank loan is 11.727. Hence when bank loan is availed by one unit (one person) the odds ratio is 11 times as large and therefore people are 11 more times likely not to regularly participate in chit funds.

‘ Here, the EXP (B) with safety is .928. Hence when safety is increased by one percent the odds ratio is .928 times as large and therefore people are .928 more times likely to regularly participate in chit funds.

‘ Here, the EXP (B) flexibility is 837. Hence when flexibility is increased by one percent the odds ratio is .928 times as large and therefore people are .837 more times likely to regularly participate in chit funds.

‘ Here, the EXP (B) low commission is .831. Hence when flexibility is increased by one percent the odds ratio is .928 times as large and therefore people are .831 more times likely to regularly participate in chit funds.

SUMMARY

Bank loan is the most significant predictor of regular participation in chit funds. This is followed by safety, flexibility and low commission.

Instalment no No of months remaining Monthly subscription Prize amount PV of monthly subscription(PV of outlow at 10%) PV of Prize amount(PV of inflow at 10%) Net Present Value(PV of inflow – PV of outflow)

1 24 2000 50000 2000 50000 10444.9

2 23 1500 35000 1488.1 34723.1 -4832.0

3 22 1500 35000 1476.4 34448.4 -5106.7

4 21 1500 35000 1464.7 34175.9 -5379.2

5 20 1500 35000 1453.1 33905.5 -5649.6

6 19 1500 35000 1441.6 33637.3 -5917.8

7 18 1500 35000 1430.2 33371.2 -6183.9

8 17 1500 35000 1418.9 33107.2 -6447.9

9 16 1620 38000 1520.3 35660.6 -3894.5

10 15 1620 38000 1508.2 35378.5 -4176.6

11 14 1700 40000 1570.2 36945.9 -2609.2

12 13 1700 40000 1557.8 36653.6 -2901.5

13 12 1780 42000 1618.2 38181.8 -1373.3

14 11 1780 42000 1605.4 37879.8 -1675.3

15 10 1780 42000 1592.7 37580.1 -1975.0

16 9 1860 44000 1651.1 39058.2 -496.9

17 8 1860 44000 1638.0 38749.2 -805.9

18 7 1860 44000 1625.1 38442.6 -1112.5

19 6 1940 46000 1681.6 39872.1 317.0

20 5 1940 46000 1668.3 39556.6 1.5

21 4 1940 46000 1655.1 39243.7 -311.4

22 3 1940 46000 1642.0 38933.2 -621.8

23 2 1940 46000 1629.0 38625.2 -929.8

24 1 1940 46000 1616.1 38319.7 -1235.4

25 0 1940 46000 1603.3 38016.5 -1538.6

39555.1 934465.9 -54411.4

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Merit goods best college essay help

Merit goods are goods which will be under-provided by the market, therefore they will be under-consumed. They are thought by the governments to be good for the populations and so the governments want them to be consumed to a great extent. They increase the private and social benefits and cause the social benefit be higher than the private one. The best examples of them, apart from all the public goods, can be the education, health care, sports facilities and the opera.

Although the majority of the merit goods is provided by the private sectors, not all the people can afford buying them, therefore they will be under-consumed. That is why the government is needed to destroy the market failure increasing the supply and consequently raising the consumption.

To explain the reasons for government to provide the merit goods, I need to apply some examples of them. The first one can be the education. It is significant for the governments to provide it so that the society would be well-educated. Governments determine the period of education required for people (the compulsory education) to maintain the proper level of education of the society. The governments find education an important aspect that should be available for everyone as it cause the whole country to have better both economic growth and economic development.

Considering another example such as health care, the situation is quite similar. The governments want to provide the population with it because they care about the high states of health of society in their country. To gain these, the countries need to have high quality of health care. Governments often offer people unpaid programs consisting of preventative medical examination which contribute to maintain the high number of healthy people. This is also connected with the problems of the labour market. The healthier people are, the more efficient their work is, the greater revenue firms have and countries are more developed because of taxations.

Other examples like sport facilities or the opera are meant for people to become physically and culturally developed but their availability is not as important as in the case of the previous examples. That is why they are not as much provided by the governments as the rest of the merit goods.

Although most of the merit goods provided by the governments are free, the fact is that they are paid through the taxes that the societies pay. The number of the merit goods of particular types that the governments provide or subsidize depends on the necessity of them. If they are provided, the societies’ benefits get higher and so is the public treasury of the countries.

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Research proposal: The effect of pregnancy on the adolescent pregnant teen & father easy essay help

Abstract: The purpose for this research paper is to address the adolescent pregnant teen & father and the effects a pregnancy has on both of their lives during and after her pregnancy. How the teens need the support of the family, community, church, and the school system. I will also address the teen father mostly disregarded in any aspect of the teen’s pregnancy and how this affects him, and how both teens need support in our society. How we can address the social problem of teen pregnancy from all avenues.

‘Three issues that have an impact on the pregnant adolescent are discussed education, identity development, and maternal support’ (Turnage & Pharris, 2013). My research focuses on adolescent pregnant teen women 19 years old and younger. It will also reflect the problems of the teen pregnant adolescents journeying thru the process of becoming a teen mother, finishing high school, developing her own identity and the maternal support she gets from her mother during her transition from pregnant teen to motherhood.

‘Several issues that differently influence the pregnant teen is individually based on the female’s chronological age’ (Turnage & Pharris, 2013). ‘For the pregnant adolescent, her pregnancy supersedes high school graduation as the benchmark for her being viewed as an adult’ (Turnage & Pharris, 2013). ‘Failure to graduate high school is associated with poor social and educational outcomes for teen mothers and their children’ (Turnage & Pharris, 2013).

‘While the pregnant adolescent is defining who she is as a person she experiences a transition to the new identity of mother’ (Turnage & Pharris, 2013). ‘During her pregnancy the adolescent’s mother is seen as the primary source of support that contributes to a positive self-image and can assist her in the adapting to the role of parent’ (Turnage & Pharris, 2013).

My research paper will also show how important it is to support the teen during and after pregnancy. It addresses the need for the teen mothers to finish high school, and find her identity. How important it is to have the support system of her mother and family to achieve all of these things. Without these support systems, the pregnant adolescent could end up in poverty, no social skills, homeless and a host of other social problems for her and her baby.

Addressed and examined is teen motherhood and its long-term mental and physical health of the teen mother’ (Patel & Sen, 2012). They used a (PCS) health survey known as SF-12 NLSY79 a study that compared two major comparisons groups of which only teens who experienced teen pregnancy and girls who did not experience teen pregnancy. On average the survey for teen mothers was on average 50.89.

The study to access the health outcome of ‘two major comparison groups, which consisted of women who were only experienced teen pregnancy & women who were having unprotected sexual relation as a teen but did not become pregnant ‘ (Patel & Sen, 2012). Estimated is that teen mothers are more likely to have poor health later in life in the study of all the comparison groups.

Along with support, they desperately need help taking care of an infant as a teen; they need a support system to take notice of how they are managing their health & well-being so that they can be a successful teen parent. In addition, being a teen parent can affect the mother’s mentally as the pressure of being new teen mom can be stressful.

The teen mothers who marry after they give birth to their children statistics state that 30 % of them will not remain in their marriages into their 40’s. This result comes from teen adolescents in a single parent home raising their child. This can put a strain on the teen adolescent because she will financially have to seek support from her family or enter into the welfare system and suffer mental health issues.

‘Adolescent teen mothers identify social support with, parenting and emotional support primary emanating from family members, particularly their own mothers, as well as from the father of the baby (Savio Beers & Lee, 2009)’. ‘Older sisters may play an important role in the support network for adolescent mothers, the supportive sister relationships decrease depressive and anxiety-related symptoms in adolescent mothers (Savio Beers & Lee, 2009).

‘For some adolescent parents, participation in a religious community programs may provide the significant social support and serve as a protective factor’ (Savio Beers & Lee, 2009). This directly stresses the point that without the support of family, community, and church with the support of the father the adolescent teen mother can suffer mental issues, poverty issues, and marriage problems.

We addressed the many issues that teen mothers have to face, so now I would like to address the teen father in our society. What are their concerns on becoming a teen father, and how do they view their role as father where their masculinity is concerned? While most of the research done on teen pregnancy and parenting mainly focusing on the mother, the father is invisible.

Interviewed were 26 young teen fathers in the mid-western American towns. The in depth survey of three themes of gender discord focused on teen father narratives, which took on responsibility, sex, being a man, this is the direct viewpoint of the invisible teen father. What they feel about getting a teen girl pregnant and what responsibility they take in the pregnancy if any. How they relate to getting a teen pregnant and how that affects his identity as a man and their masculinity.

‘Gendered assumptions regarding pregnancy and contraception’specifically that women are in charge of preventing pregnancy and they have the belief that male sexuality is uncontrollable; and that use of love and intimacy talk (Weber, J. B., 2013). The teen fathers that took the questionnaire did not blame themselves for getting the teen girl pregnant. They see the teen’s pregnancy as her problem.

Studies suggest that teen fathers are more likely to be of a minority race. He has a mother who had a baby as a teen; his parents have a minimal education. His parents do not have high expectations of him finishing school; all of these factors result in the likelihood that makes him a candidate to becoming a teenage father. ‘The research states that the teen fathers go to school fewer years less than non-teenage fathers (Fletcher & Wolfe, 2011).

‘Evidence shows that men who have children before marriage leave school earlier and have worse labor markets outcomes’ (Fletcher & Wolfe, 2011). ‘Data was used only on young men who reported a pregnancy as an adolescent’ (Fletcher & Wolfe, 2011). It affects his completion of high school.

It also affects his ability to take care of the teen mother & baby, which causes him to drop out of school early. Statistically, ‘teen fathers work more hours and earn more money following the birth of a child then his non-parent counterparts’ (Fletcher & Wolfe, 2011). Teen fatherhood results in the teen father getting married early or co-habitation with the teen mother.

In conclusion, teen pregnancy is a social problem in the United States both teens will have to suffer in their education, grow up before their time, take on adult responsibilities, and suffer financial problems to take care of the child. Which ultimately falls on the parents of the teens, society or the welfare system in which the teen mother becomes a social statistic or shall I say a number.

Teen pregnancy as of 2014 have been on the decline in the United States and increased in other states, however a positive support system for both teens is minimal at best. Socially as communities, churches and government we have to take an active role in education of abstaining from sex, talking to the teens about sex, and protecting themselves against pregnancy.

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Reconnaissance attacks in IPv6 networks law essay help

2.1.1 Reconnaissance attacks in IPv6 networks

The 1st larger attack in IPv6 is usually a reconnaissance attack. An attacker try reconnaissance attacks to get some confidential information about the victim network that can be misused by the attacker in further attacks. For this he uses active methods, such as scanning techniques or data mining strategies. To start, an intruder begins to ping the victim network to determine the IP addresses currently used in the victim network. After getting some of the accessible system, he starts to scan the port to find out any open port in the desired system. The size of subnet is bigger than that of the in IPv4 networks. To perform a scan for the whole subnet an attacker should make 264 probes and that???s impossible. With this fact, IPv6 networks are much more resistant to reconnaissance attacks than IPv4 networks. Unfortunately, there are some addresses which are multicast address in IPv6 networks that help an intruder to identify and attack some resources in the target network.

2.1.2 Security threats related to IPv6 routing headers

As per IPv6 protocol specification, all of the IPv6 nodes must be able to process routing headers. In fact, routing headers can be used to avoid access controls based on destination addresses. Such action can cause security effects. It may be happen that an attacker sends a packet to a publicly accessible address with a routing header containing a ???forbidden??? address on the victim network. In such matter the publicly accessible host will forward the packet to the destination address stated in the routing header even though that destination is already filtered before as a forbidden address. By spoofing packet source addresses an intruder can easily perform denial of service attack with use of any publicly accessible host for redirecting attack packets.

2.1.3 Fragmentation related security threats

As per IPv6 protocol specification, packet fragmentation by the intermediate nodes is not permitted. Since in IPv6 network based on ICMPv6 messages, the usage of the path MTU discovery method is a duty, packet fragmentation is only allowed at the source node.1280 octets is the minimal size of the MTU for IPv6 network. The packets with size less than 1280 octets to be discarded unless it???s the last packet in the flow as per security reasons. With use of fragmentation, an attacker can get that port numbers not found in the first fragment and thus they bypass security monitoring devices expecting to find transport layer protocol data in the very first fragment. An attacker will send a huge amount of small fragments and create an overload of reconstruction buffers on the victim system which resulted to the system crash. To prevent system from such attacks it???s necessary to bound the total number of fragments and their permissible arrival rate.

[supanova_question]

WMBA 6000-13 Topic: Course Evaluation college admissions essay help

WMBA 6000-13

Topic: Course Evaluation

Date: March 2, 2014

Based on the assigned readings for this course (Dynamic Leadership), I have read an enormous amount of information about the different categories of leaders and leadership styles. Today’s leaders are different from the leaders of twenty to fifty years ago. In the past leaders gave commands and they controlled the actions of others. Today leaders are willing to involve others in their decision making and they are more open to new possibilities.

A good leader has a vision for their organization and they know how to align and engage employees in order to promote collaboration. The successful leader knows how to lead by using superior values, principles and goals that fit the organization’s values, principles and goals. Also these leaders know that leadership is not made from authority, it’s made from trust and followership. Coleman, J., Gulati, & Segovia, W.O. (2012)

I am impressed most by the characteristics of the authentic leader because they know how to develop themselves; they use formal and informal support networks to get honest feedback in order to drive long-term results. Authentic leaders build support teams to help them stay on course and counsel them in times of uncertainty. George, B., Sims, P., Mclean, A.N. & Mayer D. (2007)

In addition, I found the Leadership Code to be important because it provides structure and guidance and helps one to be a better leader by not emphasizing one element of leadership over another. Some focus on the importance of vision for the future; others on executing in the present; others on personal charisma and character; others on engaging people’; and others on building long-term organization. The code represents about 60 to 70 percent of what makes an effective leader. Ulrich, D., Smallwood, N., Sweetman, K. (2008)

The information that I acquired from this course will help me to pursue the goal of owning a beauty supply business. Another goal that I can add to my action plan is to include not only wigs and welted hair, but I will add hair, skin and nail products to my inventory. A future goal will be to add handbags and accessories as well.

After completing my short-term goal of finishing my MBA, I can take the knowledge from this course along with my values, ethics and principles to help me to manage employees and operate a successful business. Annie Smith (March 2, 20

Coleman, J. G. (2012). Educating young leaders. Passion and Purpose , 197-202.

George, B. S. (2007). Discovering your authentic leadership. Harvard Business Review , 129-138.

Lyons, R. (2012). Dean of Haas of School of Business University of California, Berkely. It’s made from followership. (J. G. Cole, Interviewer) Coleman, J., Gulati, D., & Segovia, W.O.

Ulrich, D. S. (2008). Five rules of leadership. In The leadership code five rules to lead by. Defining Leadership Code , 1-24.

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Family presence during CPR (cardiopulmonary resuscitation) gp essay help

In a pre-hospital setting, there are few moments that are as intense as the events that take place when trying to save a life. Family presence during these resuscitation efforts has become an important and controversial issue in health care settings. Family presence during cardiopulmonary resuscitation (CPR) is a relatively new issue in healthcare. Before the advent of modern medicine, family members were often present at the deathbed of their loved ones. A dying person’s last moments were most often controlled by his or her family in the home rather than by medical personnel (Trueman, History of Medicine). Today, families are demanding permission to witness resuscitation events. Members of the emergency medical services are split on this issue, noting benefits but also potentially negative consequences to family presence during resuscitation efforts.

A new study has found that family members who observed resuscitation efforts were significantly less likely to experience symptoms of post-traumatic stress, anxiety and depression than family members that did not. The results, published in an online article in The New England Journal of Medicine, entitled ‘Family Presence during Cardiopulmonary Resuscitation,’ were the same regardless of the survival of the patient. The study involved 570 people in France whose family members were treated by emergency medical personnel at home. These EMS teams were unique in that they were comprised of a physician, a nurse trained in emergency medicine, and two emergency medical technicians. The study found that the presence of relatives did not affect the results of CPR, nor did it increase the stress levels of the emergency medical teams. Having family present also did not result in any legal claims after the incidents occured. While the unique limitations of the study warrant consideration, the results show a definite benefit in having families stay during CPR (Jabre Family Presence).

Historically, although parents of children have been allowed to be present for various reasons, relatives of adult patients have not. As medical practices change to increasingly involve family in the care of patients, growing numbers of emergency medical practitioners say that giving relatives the option of watching CPR can be a good idea. Several national organizations, including The American Heart Association, have revised their policies to call for giving family members the option of being present during CPR (AHA Guidelines for CPR). Witnessing CPR, say some emergency medical experts and family members, can take the mystery out of what could be a potentially terrifying experience. It can provide reassurance to family members that everything is being done to save their loved ones. It also can offer closure for relatives wanting to be with their family members until the last minute (Kirkland Lasting Benefit). Another benefit is that it shows people why reviving someone in cardiac arrest is much less likely than people assume from watching it being done on television (Ledermann Family Presence During). Family members who can truly understand what it means to ‘do everything possible’ can go on to make more informed decisions about end-of-life care for themselves or their families.

There are three perspectives on this issue- that of the emergency medical personnel providing care, the family, and the patients. The resistance on the part of the medical community to family presence during CPR stems from several different concerns. The most common concern among these is that family members, when faced with overwhelming fear, stress and grief, could disrupt or delay active CPR. Another concern raised by emergency medical personnel is that the realities of CPR may simply be too traumatic for loved ones, causing them to suffer more than they potentially would have if they had never witnessed the event. Some families share this view, citing the potential for extreme distress as a main reason for not wanting to witness resuscitation (Grice Study examining attitudes). Many emergency medical personnel also fear an increased risk of liability and litigation with family members present in the room (Fullbrook the Presence of Family). The worry is that errors can occur, inappropriate comments may be made, and the actions of the personnel involved may be misinterpreted. In an already tense situation, the awareness of the family could increase the anxiety of the personnel and create a greater potential for mistakes.

Another complication that arises from having families present during resuscitation attempts is that of patient confidentiality. The patient’s right to privacy should not be circumvented with implied consent. There is always the possibility that medical information previously unknown to the family may be revealed in the chaos of resuscitation. In addition, patient dignity, whether physical or otherwise, may become compromised (Fullbrook the Presence of Family). Beyond moral considerations, legal concerns regarding revealing patient information are real. This could become an even larger issue if there is no one available to screen witnesses, which could result in unrelated people gaining access to personal information. Eventually, a breach in confidentiality can lead to a breach in the confidence that the public has gained in pre-hospital emergency care.

Family presence during CPR in a pre-hospital setting remains a highly debatable topic. This could be largely due to the fact that the needs of the emergency medical providers and the rights of the patients can be at odds with the wishes of the family members. Although there are several possible reasons why family presence is not being welcomed into daily practice, one of the major reasons could be the lack of formal written policies that define the roles of families and providers placed into this situation. Bringing family members into a situation where CPR is being performed on a loved one should not happen haphazardly. It should happen with careful concern and support for everyone involved. Policies and protocols, defined by experienced personnel, can provide legal and emotional support. They can also potentially help ease anxiety by defining expectations and placing responsibility in the hands of people who are experienced enough to know how to handle the situation appropriately. The policies and protocols should address the basic needs of all people involved. Five basic needs should be addressed:

1. The number of people allowed to be present

2. Which relatives should be allowed to be present (age, relationship, etc.)

3. The role of the family members present and what is expected of them.

4. The place where the family should remain during the duration of CPR.

5. The formal wishes of the patient- written as a directive like a living will.

An important component of this is available, trained staff that can prepare the family members for what they will witness, support them through the event, and then direct them after the event’s conclusion.

The American Heart Association states that the goals of cardiopulmonary resuscitation are, ‘to preserve life, restore health, relieve suffering, limit disability, and respect the individual’s decisions rights and privacy’ (AHA Guidelines for CPR). The practice of offering family members the opportunity to be present during CPR is a controversial ethical issue in emergency medical services. While the results of the study published on this topic in The New England Journal of Medicine clearly show no negative side effects from having families present during resuscitation attempts, the limitations of the study lend to the need for more research before it could be universally accepted.

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Respondeat Superior college application essay help online

Legal claims that derive from a situation where there are claims of negligence can sometimes involve an entity other than the neglectful parties. In certain circumstances employers are fully responsible for their employees, and the tasks they perform during working hours. During the course of this paper, the doctrine of respondeat superior will be defined and explained. Two case studies in which the doctrine was applied will also be analyzed to determine if it was applied correctly.

Respondeat superior is a legal theory that holds employers responsible for any negligent or harmful act performed by an employee during the commission of their employment duties (Thornton, 2010). The Maryland Supreme Court in 1951 was the first court to utilize respondeat superior in a court case involving a question of employer liability (Burns, 2011). This doctrine is important as it holds employers liable in court cases where one of its employees does harm to an individual. Vicarious liability and indirect liability are two base concepts that make-up respondeat superior (Thornton, 2010). Respondeat superior shows that the employer did not have to be responsible for the employee???s negligent behavior, in the form of improper training or instruction to perform harmful acts, in order for the employer to be held legally responsible.

In the case of Valle v. City of Houston, the police force was sued for excessive force and an illegal search in an attempt to remove an individual from his parent???s home (Nicholl & Kelly, 2012). The situation stemmed from a man, Omar Esparza, barricading himself in his parent???s home and refusing to come out (p. 285). After a long police standoff, the SWAT team was ordered to forcefully enter the home and remove Mr. Esparza (p. 285). The SWAT team utilized taser gun and bean bag ammunition in an attempt to subdue Mr. Esparza after they felt he posed a physical threat by wielding a hammer, but as those attempts failed the suspect was fatally wounded when an officer fired his weapon (p. 286). Shortly after the incident the mother was allowed into the home, and she reported no visible evidence that her son was possession of a hammer (p. 286). The court found that the city was not liable for damages under the theory of respondeat superior, because the order to remove the individual from the home was not made by an individual deemed as a decision-maker by the city (p. 286).

From the outside, this case seems to fit the theory of respondeat superior. As the employer, the city should be held responsible for the actions of its employees. The police, serving as the city???s employees acted in a manner that was unnecessary for the situation and in conflict of their training (p. 286). However, the court sided with the City of Houston because the chain of command was not followed in regards to the use of force (p. 286). The end result is a case where an individual made a decision that was not his to make; that ultimately cost a man his life.

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Introduction To Finance Free College Essay Help

INTRODUCTION TO FINANCE: Finance is the integral part of business. The economic development of any country, depends upon the ‘existence of a well- organized financial system. It is the financial system, which supplies the necessary financial input for the production of goods and services, which in turn promotes the well-being, and standard of people of the country. Finance, and function of finance are the part of the economic activity. Finance is the essential, need for all type of organization viz., small, medium, large-scale industries, and agriculture and service sector. Over the 60 years of independence, the availability of finance, has been made easy through functioning of commercial banks, development banks and primary markets. But all these services and instruments are associated, with different types of costs. Hence, it had become a necessity to make use of such sources not only to recover the cost but also to increase, the wealth of investors. Contrary to this, the new economic reforms created a challenging, environment in the economy. This calls for effective utilization of funds, to yield the pre-determined returns of a firm’s success and its survival, depends upon how efficiently it is able to generate funds, as and when needed. Finance, holds the key to all activities. The Sanskrit says, ‘Arthasachivah’ which means, ‘Finance’ reigns supreme’, speaks volume for the significance of the function, of finance in any organization. According to Paul G. Hassings..,

‘Finance is the management of the monetary, affairs of a company. It includes determining what has to be paid for the money of the best terms available, and devoting the available funds to the best uses’.

‘Finance’ guides and regulates, investment decisions and expenditures. The expenditure decision may pertain, to recurring expenditure or they may be about capital budgeting. To get the best out of the available funds, is major task of finance. The finance manager, has to perform this task most efficiently if he is to be successful. The finance function, does not draw any distinction between the private sector and the public sector. It is important, even indispensable to the both sectors, even the government treats finance as a, signpost to control a measure what it has achieved or propose to achieve. It may be rightly, considered as the sinew of any business activity, and that is how its importance is recognized in any branch of science. Every business activity requires financial support, because financial viability, is the center theme of any business preposition. This point of view is well brought out by Mr. A.L. KINGSHOTT, who states.

‘Finance is the common denominator for a vast range of corporate objectives, and the major part ,of any corporate plan must be expressed in financial terms’.

Financial decision, must be viewed in the light of financial viability of its financial outcomes. It is difficult to conceive a policy decision, which does not have financial implications. Moreover, business activities are not mutually exclusive; there dependence on each other, and can be measured only in terms of finance. Any economic transaction, consists of buying and selling, which implies money transactions, but it may not involve immediate payment of money, as there may be credit terms involved. In any transaction therefore, whether it is buying or selling, the payment of money, at present or in future, is involved.

FINANCIAL STATEMENTS

An organization communicates, its financial information to the users through financial statements and reports. Financial statement contains summarized information of the organizations – financial affairs, organized in a systematic form. These statements comprises of the income statements or profit and loss account and the position statements or the balance sheet.

To give a full view of the financial affairs, of the undertaking it is also necessary to include statement of retained earnings, a statement of changes , in the financial position and a few schedules such as schedules of fixed assets, and schedule of debtors.

Income Statement: The profit and loss account set out income as well as expenses of the same period and after matching the two, the difference that is net profit or net loss, is shown as the difference between the two sides of the account. Thus, the earning capacity and the potential of the organizations are reflected by its profit and loss account.

Balance Sheet: Also known as the position statement, displays all the total resources of a business and the owners, creditors equity in these resources. It indicates the statement of affairs of the business at a particular moment of time and thus, its nature.

Profit and Loss Appropriation account: Also known as statement of retained earnings, is generally a part of the profit and loss account. It shows, how the profit of the business for the accounting period is appropriated, towards reserve and dividend and how much of the same is carried forward, as retained earnings

Fund Flow Statement: Also known as the statement of changes in financial position, summarizes the changes in the assets, liabilities and owners’ equity between two balance sheet dates. Thus, it is a statement of flows, i.e. it means the changes have been taken in the financial position of the firm of two balance sheet dates. It summarizes the sources, and uses of the funds obtained.

FINANCIAL ANALYSIS

Financial analysis, is the process of identifying the financial strength and weakness of the firm by properly establishing, relationships between the items of the balance sheet and profit and loss account. The purpose of financial analysis is, to disclose the information available in the financial statements so as to judge the profitability, and financial health of the organization.

The first task of the financial analyst is to select the information relevant to the decisions under consideration from the total information available in the financial statement. Secondly, to arrange the information in a way that would highlight the significant relationships.

Finally, to interpret and draw inferences, and conclusions. In brief, financial analysis, is the process if selection, relation and evaluation of profitability and financial soundness and health of the organization.

TECHNIQUES OF FINANCIAL STATEMENT

A financial analyst, analyses the financial statement by selecting the appropriate techniques according to purpose of the analysis. Financial statements may be analyzed by means of any of the following techniques:

‘ Comparative Statement analysis.

‘ Common Size Statement analysis.

‘ Trend analysis.

‘ Ratio analysis.

‘ Fund Flow Statement.

‘ Cash Flow Statement.

‘ Cost Volume Profit analysis.

COMPARATIVE ANALYSIS

Comparative Analysis means, comparison of two or more comparable alternatives, processes, products, qualifications, sets of data’s, systems, etc. In accounting, for example, changes in a financial statement’s items over, several accounting periods could be presented together to detect the emerging trends in the, firm’s operations and results.

Comparative Analysis is performed by professionals, who prepare reports using financial tools and techniques that make use of information taken from financial statements and the other reports. These reports are usually, presented to top management as one of their base in making business decision.

These decisions include the following:-

‘ Continue or discontinue in its main operation or part of its business;

‘ Make or purchase certain materials, in the manufacture of its product;

‘ Acquire or rent/lease certain, machineries and equipment in the production of its goods;

‘ Issue stocks or negotiate for a bank loan, to increase its working capital;

‘ Make decisions regarding investing and lending capital;

‘ Other decisions that allow management to make an, informed selection on various alternatives in the conduct of its business.

Comparative analysis often assesses the firm’s:-

1. Profitability ‘ Firm’s ability, to earn income and sustain growth in both short-term and long-term. A company’s degree of profitability, is usually based on the income statement, which reports on the company’s results of operations

2. Solvency ‘ Firm’s ability to pay of its obligation to creditors and third parties in the long term.

3. Liquidity – its ability to maintain a positive cash flow, while satisfying immediate obligations.

4. Stability- the firm’s ability is to remain in business in the long run, without having to sustain significant losses, in the conduct of its business. Assessing a company’s stability requires the use of the income statements and the balance sheet, as well as other, financial and non-financial indicators.

Methods of Comparative Analysis

Comparative analysts often compare on the basis of following things:

‘ Past Performance – Across historical time periods, for the same firm (the last 5 years for example),

‘ Future Performance – Using historical figures and certain, mathematical and statistical techniques, including present and future values, This extrapolation method is the main source, of errors in financial analysis as past statistics can be the poor predictors of future prospects.

‘ Comparative Performance – Comparison between the similar firms.

Comparing financial ratios is merely one way of conducting, financial analysis. Financial ratios face several theoretical challenges:

‘ They say little about the firm’s prospects, in an absolute sense. Their insights about, relative performance, require a reference point from other time periods or any similar firms.

‘ One ratio, holds little meaning. As indicators, ratios can be logically interpreted in at least two ways. One can be partially overcome this problem by combining several related ratios, to paint a more comprehensive and exact picture of the firm’s performance.

‘ Seasonal factors, may prevent year-end values from being representative. A ratio’s values may be distorted as the account balances will change from the beginning to the end of an , accounting period. Use average values, for such accounts, whenever it is possible.

‘ Financial ratios, are no more objective than the accounting methods employed. Changes in accounting policies, or choices can yield drastically different ratio values.

Financial analysts, can also use percentage analysis which involves reducing a series of the figures as a percentage of some base amounts. For example, a group of items can be expressed, as a percentage of net income. When proportionate changes in the same figure, over a given time period expressed as a percentage is known as horizontal analysis. Vertical or common-size analysis, reduces all items on a statement to a ‘common size’ as a percentage of some base value, which assists in the comparability with other companies of different sizes. As a result, all Income Statement items are divided by Sales, and all the other Balance Sheet items are divided by Total Assets.

Another method is, comparative analysis. This provides a better way to determine trends. Comparative analysis, presents the same information for two or more time periods and is, presented side-by-side to allow for easy analysis.

BALANCE SHEET BASICS

In financial accounting, the balance sheet or statement of financial position is a summary of the financial balances, of a sole proprietorship, a business partnership or a company. Assets, liabilities and ownership equity, are listed as of a specific date, such as to the end of its financial year. A balance sheet is often described as a “snapshot of a company’s financial condition”. The balance sheet is the only statement which applies to a single point at time of a business’ calendar year. Understanding balance sheet, is very important because it gives an idea of the financial strength of a company at any given point of time.

The various components of balance sheet are as follows:-

‘ Assets: – Anything tangible or intangible that is capable, of being owned or controlled to produce value and that is, held to have positive economic value is considered as an asset.

‘ Gross block: – The total value of all the assets that a company own’s and value is determined by the amount ,it cost to acquire these assets. It is inclusive of depreciation, that is to be charged on each asset.

‘ Net block: – If the gross block is less accumulated depreciation on assets. Net block is actually what; the asset is worth to the company.

‘ Capital Work-In-Progress: – sometimes, at the end of the financial year, there is some construction or installation going-on in the company. Which is not complete, such installation is recorded in the books as: capital work in progress because it is asset for the business.

‘ Investments: – If the company has made some, investments out of its free cash, it is recorded, under the head investments.

‘ Inventory: -The raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business assets which are ready or will be ready for sale.

‘ Receivables: – include the debtor’s of the company, i.e., it includes all those accounts which are to give money back to the company.

‘ Other Current Assets: – include all the assets, which can be converted into cash, within a very short period of time like cash in bank etc.

‘ Liabilities:- In financial accounting, a liability is defined as an obligation of an entity, arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services, or other yielding of economic benefits in the future.

‘ Share Capital: – Share capital or issued capital refers to as the portion of a company’s equity that has been obtained by trading stock, to a shareholder for cash or an equivalent item of capital value. Share capital usually comprises the nominal values of all shares issued, and less those repurchased by the company. It includes both ordinary shares and preference shares. If the market value of shares is greater than their nominal value (value at par), the shares are said to be at a premium, which is also called as share premium.

‘ Reserves and surpluses: – Amount appropriated out of earned surplus, retained earnings for future plan or unforeseen expenditure. It includes, the free reserves of the company which are built out of the genuine profits of the company. Together they are known as net worth of the company.

‘ Total debt: – It includes the long term and short debt of the company. Long term is for a longer duration, usually for a period more than 3 years like debentures. Short term debt, is for a lesser duration, usually for less than a year like bank finance for the working capital.

‘ Creditors: – They are those entities to which the company owes’s money.

‘ Other Liabilities and Provisions: – It includes, all the liabilities that do not fall under any of the above head and various provisions made.

PROFIT AND LOSS STATEMENT

Profit and Loss Statement which is also known as the Income Statement is a company’s financial statement that indicates how the revenue, which is money received from the sale of products and services, before expenses are taken out, also known as the “top line” is transformed into the net income, which is the result after all revenues and expenses have been accounted for, also known as the “bottom line”. It displays, the revenues recognized for a specific period, and the cost and expenses charged against all these revenues, including write-offs (e.g., depreciation and the amortization of various assets) and taxes. The purpose of the income statement is to show manager’s and investors whether the company made or lost money, during the period being reported.

Items in Profit & Loss Statement

Operating Expenses

‘ Revenue: -Cash inflows, or other enhancements of assets of an entity during a period from delivering, or producing goods, rendering services, or other activities that constitute the entity’s ongoing, major operations. It is usually presented as the sales minus sales discounts, returns, and allowances.

‘ Expenses: – Cash outflows, or other using-up of assets or incurrence of liabilities during a period, from delivering or producing goods, rendering services, or carrying out other activities that constitute, the entity’s ongoing major operations.

‘ General and Administrative Expenses: -Represent expenses, to manage the business; which includes salaries of officers/executives, legal and professional fees, utilities, insurance, depreciation of office building and the equipment, office rents, office supplies, etc.).

‘ Selling Expenses: -It represents, expenses needed to sell products which include salaries of sales people, commissions, and travel expenses, advertising, freight, shipping, depreciation of sales store buildings and equipment, etc.

‘ R & D Expenses: -Investigative activities, that a business chooses to conduct with intention of making a discovery that can either lead to the development of a new products or procedures, or in the improvement of existing products or procedures.

‘ Depreciation/Amortization: -It is the charge, with respect to fixed assets / intangible assets that have been capitalized, on the balance sheet for a specific accounting period. It is a systematic and rational allocation of cost, rather than the recognition of market value decrement.

Non-operating Expenses

‘ Other Revenues or Gains: -They are, revenues and gains from other than primary business activities (e.g. rent, income from patents). It also includes unusual gains, that are either unusual or infrequent, but not both (e.g. gain from sale of securities or gain from disposal of fixed assets).

‘ Other expenses or losses: – Expenses or losses which are not related to primary business operations, (e.g. foreign exchange loss).

‘ Finance costs ‘ It is the cost of borrowing from various creditors (e.g. interest expenses, bank charges).

‘ Income tax expense: – It is the sum of the amount payable to tax authorities for the current reporting period (current tax liabilities/ tax payable) and the amount of deferred tax liabilities (or assets).

Irregular Items

They are reported separately, because this way the user can better predict future cash flows. Irregular items most likely may not appear in next year. These are reported as net of taxes.

‘ Extraordinary items: -They are both, unusual (abnormal) and infrequent, for example, unexpected natural disaster, expropriation, prohibitions, under new regulations. [Note: natural disaster, might not qualify depending on location (e.g. frost damage would not qualify in Canada, but would in the tropics).

‘ Changes in accounting principles: -For example, deciding to depreciate, an investment property that has previously not been depreciated. However, changes in the estimates (e.g. estimated useful life of fixed assets) do not qualify.

‘ Discontinued operations: -These are the most common type of irregular items. Shifting business location, stopping production temporarily, or changes due to technological improvement, do not qualify as discontinued operations.

1.2 SPECIFIC INTRODUCTION

RETAIL BACKGROUND OF INDUSTRY

The Indian retail industry, is divided into organized and unorganized sectors. Organized retailing, refers to trading activities undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc. These include the corporate-backed, hypermarkets and retail chains, and also the privately owned large retail businesses. Unorganized retailing, on the other hand, refers to the traditional formats of the low-cost retailing, for example, the local kirana shops, owner manned general stores, paan/beedi shops, convenience stores, hand-cart and pavement vendors, etc. India’s retail sector is wearing new clothes and with a three-year compounded annual growth rate of 46.64 per cent, retail is the fastest growing sector, in the Indian economy. Traditional markets, are making way for new formats such as departmental stores, hypermarkets, supermarkets and specialist stores. Western-style malls, have begun appearing in metros and second-rung cities alike, introducing the Indian consumer, to annul paralleled shopping experience. The Indian retail sector, is highly fragmented with 97 per cent of its business being run by the unorganized retailers, like the traditional family run stores and corner stores. The organized retail however is at a very nascent stage, though attempts are being made to increase its proportion to 9-10 per cent by the year 2015 bringing in huge opportunities for prospective new players. This sector is the largest source of employment after agriculture, and has deep penetration, into rural India generating more than 10 percent of India’s GDP.

The last few years witnessed immense growth by this sector, the key drivers being

the Changing consumer profile and demographics, increase in the number of international brands, available in the Indian market, economic implications of the Government increasing urbanization, credit availability, improvement in the infrastructure, increasing investments in technology, and real estate building a world class shopping environment for the consumers. In order to keep pace with the increasing demand, there has been, a hectic activity in terms of entry of international labels, expansion plans, and focus on technology, operations and processes .This has led, to more complex relationships involving suppliers, third party distributors and retailers, which can be dealt, with the help of an efficient supply chain. A proper supply chain will help to meet the competition head-on, manage stock availability; supplier relations, new value-added services, cost cutting and most importantly reduce the wastage levels in fresh produce.

Large Indian players: like Reliance Ambani’s, K.Rahejas, Bharti AirTel, ITC and many others are making significant investments, in this sector leading to emergence of big retailers who can bargain with suppliers to reap, economies of scale. Hence, discounting is becoming, an accepted practice. Proper infrastructure is a pre-requisite in retailing, which would help to modernize India and facilitate rapid economic growth. This would ,help in efficient delivery of goods and value-added services to the consumer making a higher, contribution to the GDP. International retailers see India as the last retailing, frontier left as the China’s retail sector is, becoming saturated. However, the Indian Government restrictions on the FDI are creating, ripples among the international players like Walmart, Tesco and many other, retail giants struggling to enter Indian markets. As of now the Government has, allowed only 51 per cent FDI in the sector to ‘one-brand’ shops like Nike, Reebok, etc. However, other international players are taking alternative routes to enter ,the Indian retail market indirectly via strategic licensing agreement, franchisee, agreement and cash and carry wholesale trading (since 100 per cent FDI is allowed, in wholesale trading).

RETAIL INDUSTRY

India has one of the largest numbers, of retail outlets in the world of the 12 million retail outlets present in the, country, nearly 5 million sell food and related products. Though the market has, been dominated by unorganized players, the entry of domestic and international, organized players is set to change the scenario.

Organized retail segment has been ,growing at a blistering pace, exceeding all previous estimates. According to a, study by Deloitte Haskins and Sells, organized retail has increased its share, from 8 percent of total retail sales in 20012 to 10 percent in 2013. The, fastest growing segments have been the wholesale cash and carry stores, (150 percent) followed by supermarkets (100 percent) and hyper markets, (75-80 percent). Further, it estimates the organized segment to account for 25 per cent of the total sales by 2014.

India retail industry is the, largest industry in India, with an employment of around 8% and contributing, to over 10% of the country’s GDP. Retail industry in India is expected to rise, 25% yearly being driven by strong income growth, changing lifestyles, and, favorable demographic patterns.

It is expected that by, 2016 modern retail industry in India will be worth US$ 200-225 billion. India, retail industry is one of the fastest growing industries with revenue expected, in 2014 to amount US$350 billion and is increasing at a rate of 5% yearly. A ,further increase of 7-8% is expected in the industry of retail in India by growth in ,consumerism in urban areas, rising incomes, and a steep rise in rural consumption. It has further been predicted that the retailing industry in India will, amount to US$ 21.5 billion by 2015 from the current size of US$ 7.5 billion.

Shopping, in India has witnessed a revolution with the change in the consumer buying, behavior and the whole format of shopping also altering.

Industry, of retail in India which has become modern can be seen from the fact that there, are multi-stored malls, huge shopping centers, and sprawling complexes ,which offer food, shopping, and entertainment al under the same roof.

India retail, industry is expanding itself most aggressively; as a result a great demand for, real estate is being created. Indian retailers preferred means of expansion is ,to expand to other regions and to increase the number of their outlets in a city,. India retail industry is progressing well and for this to continue retailers as well, as the Indian government will have to make a combined effort.

Retail sector, one, of India’s largest industries, has presently emerged as one of the most dynamic, and fast paced industries of our times with several players entering the market.

India is being, seen as a potential goldmine for retail investors from over the world. India, gets 2nd position according to AT Kearney’s annual Global Retail Development, Index (GRDI). India earned $511 billion in the year of 2012 and drawing both, local as well as global players. Organized retail accounts still less than 5% of the, market is expected to grow at CAGR of 40%, from $20 billion in 2007 to $107, billion by 2013 and to $1.3 trillion by 2018, at a CAGR of 10%. India has one, of the largest numbers of retail outlets in the world. One of the 12 million retail, outlets, present in the country, nearly 5 million sell food and related products. Though, the market has been dominated by unorganized player, the entry of domestic, and international organized players is set to change the scenario.

As the contemporary, retail sector in India is reflected in sprawling shopping centers, multiplex- malls, and huge complexes offer shopping, entertainment and food all under one roof, the concept of shopping has altered in terms of format and consumer buying behavior, ushering in a revolution in shopping in India. This has also contributed to large, scale investments in real estate sector with major national and global players, investing in developing the infrastructure and construction of the retailing, business.

The retailing configuration, in India is fast developing as shopping malls are increasingly becoming familiar, in large cities. When it comes to development of retail space specially the malls, the Tier, II cities are no longer behind in the race. If development plans till 2007 is studied, it shows the projection of 220 shopping malls, with 139 malls in metros and the, remaining 81 in the Tier II cities. The government of states like Delhi and, National Capital Region (NCR) are very upbeat about permitting the use of, land for commercial development thus increasing the availability of land for, retail space; thus making NCR render to 50% of the malls in India.

Wal-Mart, the world’s largest retail, chain, recently joined Bharti to operate within India. Some MNC giants already, serving from the past couple of years like SPAR group, Carrefour, Marks &, Spencer, Metro. Local retailers such as Future group, RGP group and Reliance, have all taken an early lead due to their aggressive expansion plans.

The outlook for private consumption, has become more negative and customers are becoming more cautious. The retail, sector is concentrated. Indian retail chains are meeting the stiff competition, through increased efficiency, centralizing purchases, forming international, alliances and expanding operations.

INDIAN RETAIL INDUSTRY- ITS GROWTH, CHALLENGES AND OPPURTUNITIES.

As the contemporary retail, sector in India is reflected in sprawling shopping centers, multiplex- malls, and huge complexes offer shopping, entertainment and food all under one roof, the concept, of shopping has altered in terms of format and consumer buying behavior, ushering, in a revolution in shopping in India. This has also contributed to large- scale, investment in real estate sector with major national and global players investing, in developing the infrastructure and construction of relating business.

The trends that are driving the growth of retail sector in India are:

‘ Low share of organized ,retailing

‘ Falling real estate, prices

‘ Increase in disposal, income and customer aspiration

‘ Increase in expenditure, for luxury items

Another credible factor in the, prospects of retail sector in India is the increase in the young working, population. In India, hefty pay packets, nuclear families in urban areas, along, with increasing working- women and emerging opportunities in the service sector. These key factors have been the growth drivers of the organized retail, sector in India which now boast of retailing almost all the preferences of, life- Apparel & Accessories, Appliances, Electronics, Cosmetics and Toiletries, Home & Office Products. With this the retail sector in India is witnessing, rejuvenation as traditional markets make way for new formats such as departmental, stores , hypermarkets, supermarkets and specially stores.

The retailing, configuration in India is fast developing as shopping malls are increasingly, becoming familiar in large cities. When it comes to development of retail space, specially the malls, the Tier II cities are no longer behind in the race. If development, plans till 2007 is studied it shows the projection of 220 shopping malls, with 139, malls in metros and the remaining 81 in the Tier II cities. The government of, states like Delhi and national capital region (NCR) are very upbeat about, permitting the use of land for commercial development, thus increasing, the availability of land for retail space; thus making NCR render to 50% of the, malls in India.

The Indian Retail Scene

India, is the country having the most unorganized retail market. Traditionally it is a, family’s livelihood, with their shop in the front and house at the back, while they, run the retail business. More than 99% retailers, function in less than 500 square feet of shopping space. Global retail consultants, KSA Techno park have estimated that organized retailing in India is expected to ,touch Rs 35,000 crore in the year 2013-14. The Indian retail sector is estimated at ,around Rs 90,000 crore, of which the organized sector accounts for a mere, 2 percent indicating a huge potential market opportunities that is lying in the ,waiting for the customer savvy organized retailer.

Purchasing power of Indian urban consumer is ,growing and branded merchandise in categories like Apparels, cosmetics, Shoes, Watches, are slowly ,becoming lifestyle products that are widely accepted by the urban Indian. consumer. Indian retailers need to advantage of this growth and aiming to grow, diversify and introduced new formats have to pay more attention to the brand, building process. The emphasis here is on retail as a brand rather than retailers, selling brands. The focus should be on branding the retail business itself. In their, preparation to face fierce competitive pressure, Indian retailers must come to, recognize the value of building their own stores as brands to reinforce their, marketing positioning, to communicate quality as well as value for money. The Indian, retail scene has witnessed too many players in a short time, crowding several, categories without looking at their core competencies, or having as well, thought out branding strategy.

Strategies, Trends and Opportunities

Retailing in India is gradually inching its way toward, becoming the next boom industry. The whole concept of shopping has altered, in terms of format and consumer buying behavior, ushering in a revolution in, shopping in India. Modern retail has entered India as seen in sprawling shopping, ce

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Research design essay help for free

2.7 RESEARCH DESIGN USED :

The conception of research design plan is the critical step in the research process. The design ,of the study constitutes the blue print for the collection, measurement and analysis of data. In other words the research design is a conceptual structure with in which,h research is conducted.

2.8 DATA COLLECTION METHODS :

Primary Data: – Primary data are those data which are collected for the first time, and thus hap,pen to be original in character. It is extracted with the help of discussions co,nducted with senior managers with respect to factors affecting the performance.,

Secondary Data: – Secondary data are those data which are already collected by someone else ,and which have already passed through the statistical process. These data are g,athered by Books, Lectures, Notes, and Official Websites etc.

The study make,s extensive use of secondary data. ‘Secondary data are those which have already,y been passed through the statistical process’. The data which is pre-essential for ,this study relating to comparative analysis of Balance Sheet and PROFIT AND L,OSS A/c was based on secondary source of data. This data will be collected fro,m materials provided by Rakshitas Pvt. Ltd., discussions conducted with store m,anagers and some essential

Financial Accounts books.

2.9 LIMITATIONS :,

‘ Data provided is very limited due to the subjectivity of it being highly confidential.,

‘ The data taken for interpretation is for a limited period.

‘ Assumptions, are to be taken into consideration while doing analysis and interpretation, of data.

‘ Due to limited, information, depth analysis could not be made.

2.10 RESEARCH MEASURE TOOLS :

Various financial techniques and statistical tools are used to measure the data used in the study. Column graphs, pie chart etc. is used to highlight the statistical inference,s. The study cannot be completed without balance sheet and profit and loss a/c. ,Therefore three years balance sheet and profit & loss a/c has been taken out for ma,king proper research.

2.11 ANALYSIS OF DATA :

The data collected is secondary, and it’s compiled, classified, tabulated and then analyzed u,sing financial techniques and statistical tools. Graphs and charts are used to hig,hlight the statistics. Based on this data and analysis, inferences are drawn accor,dingly.

2.12 OVER VIEW OF THE CHAPTER :

The Project I,s Presented in the following chapter :-

CHAPTER 1 : INTRODUCTION

This chapter includes introduction to finance, theorectical back ground for the study of the ,various performance, introduction to finance, definition of retail industry and di,fferent type of industry.

CHAPTER 2 : DESIGN OF THE STUDY

This chapter I,ncludes the projects introduction of the subject background, statement of the, problem, objectives of the study, scope of the study, need and purpose of study,, research methodology, research design, data collection method primary and seco,ndary data, limitations, research measure tools and analysis of data.,

CHA,PTER 3 : PROFILE OF THE COMPANY

This c,hapter contains the profile of the company, its origin and background, board of directors, number of branches and organization structure.

CHAP,TER 4 : DATA ANALYSIS AND INTERPRETATION

This ch,apter consists of Table, Graphs, Analysis and Interpretation based on the question,nairies.

CHAPT,ER 5 : SUMMARY OF FINDINGS, CONCULSIONS AND RECOM,MENDATIONS

This chap,ter includes findings based on objectives of the study, conclusion drawn from the f,indings and recommendations given from the analysis.

Chapter:-3

PROFILE OF THE ORGANIZATION

COMPANY PROFILE

RAKSHITAS PVT.LTD.

Rakshitas business con,cept is to offer a broad and varied range of apparels that allows customers to fin,d their own personal style to choose from more than 150 remiums national and int,ernational brands.

Rakshitas is aimed at everyone in the family with an interest in modern basics, fashion, quality and affo,rdable pricing. Customers should always be able to find clothes and accessories ,at Rakshitas for every occasion. The collections are extensive and new arrivals, being launched week after week in each of the 4 floors spread across 20,000 s,q. ft. for Men, Women, Kids and Teen’s casual wear, formal wear, denim wea,r, ethnic and Kancheevaram silks etc. The range and collections are supplemen,ted by matching costume jewellery, premium international watches, perfumes, ,lingerie’s.

Mission

Our mission is to achieve excelle,nce in the products and services we offer, in the methods we employ and in the res,ult we produce.

Products

Menswear: menswear,r means clothing for men. Rakshitas provide various brands for menswear which ,includes formal shirts, casual shirts, trousers, jeans etc. of several variety of int,ernational as well as national brands, for example: -levis, pepe jeans, killer, lee, w,rangler etc.

Women’s wear: Women’s wear means ,clothing for women. Rakshitas provides the best options for women’s apparel rang,ing from skirts to ethnic, casuals as well as formals.

Kids wear: Kids wear are meant only for kids or children ranging below age of 12 years. Rakshitas provides awesome collection for kids which include children formal wear, kurtas, shirt,s etc.

Party wear: Party wear dresses are meant for wearing in parties, functions, special occasions etc. Rakshitas provides variety ranges of party wear which includes lehngas, wedding dresses, traditional indian dress etc.

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Control and organisational behaviour (pengendalian dan perilaku organisasi) essay help writing

PENGENDALIAN DAN PERILAKU ORGANISASI

PERILAKU ORGANISASI

Untuk membuat dasar yang nantinya dapat digunakan manajemen dalam menyusun system pengendalian manajemen, maka kita perlu mengetahui lebih dalam mengenai perilaku organisasi. Berikut ini adalah beberapa penjelasan mengenai teori akuntansi sebagai bentuk pemahaman terhadap organisasi.

Definisi Organisasi

Secara umum, organisasi diartikan sebagai sekumpulan orang yang melakukan kerjasama demi mencapai tujuan ‘ tujuan yang telah ditentukan bersama. Organisasi tercipta ketika orang ‘ orang bergabung dan melakukan sesuatu untuk berbagai tujuan dan organisasi dapat mencakup segala aspek dalam kehidupan. Organisasi dapat bersifat formal dan informal. Pekerjaan di dalam suatu organisasi dapat dibagi ‘ bagi dan dikoordinasi sesuai dengan kebutuhan dan keahlian tiap ‘tiap anggota organisasinya untuk mencapai tujuan organisasi tersebut. Suatu organisasi haruslah going concern, dalam arti organisasi tersebut diasumsikan akan hidup selamanya.

Teori Perilaku Organisasi (Theory of Organization Behaviour)

Ada beberapa teori yang menjelaskan mengenai mengapa dan bagaimana orang ‘ orang berperilaku dalam organisasi. Berikut ada dua penjelasan mengenai teori tersebut :

1. Teori jenjang kebutuhan

Teori ini menjelaskan bahwa setiap manusia memiliki kebutuhan yang banyak dan harus dipenuhi dan kebutuhan serta keinginan tersebut tersusun secara rapih, sehingga apabila ada satu kebutuhan terpenuhi maka setelah itu ia akan berusaha memenuhi kebutuhannnya yang lebih tinggi. Dalam teori ini tersirat bahwa system pengendalian manajemen juga didasarkan pada kebutuhan manusia yang terkoordinasi dan dilakukan sesuai dengan tujuan organisasi.

2. Teori motivasi pencapaian

Teori ini lebih mengacu pada perilaku atasan atau manajer dalam perannya saat berorganisasi. Untuk mencapai keberhasilan dan mendapat sebuah kekuasaan, maka manajer tersebut juga perlu memiliki keinginan yang kuat agar dapat menghasilkan prestasi dalam organisasi.

TEORI ORGANISASI

Pengetahuan yang dalam mengenai organisasi sangatlah diperlukan oleh para pelaku organisasi dalam pelaksanaan system pengendalian manajemen organisasi tersebut. Para pelaku organisasi harus benar ‘ benar mengetahui semua poin dalam organisasi termasuk sejarah organisasi, tujuan organisasi, bagaimana perilaku para pelakunya hingga reaksi organisasi tersebut terhadap lingkungan.

Tak berbeda dengan teori perilaku akuntansi, dalam teori organisasi juga terdapat banyak teori yang membahas mengenai organisasi. Dan disini akan dibahas mengenai dua teori juga tentang organisasi, yaitu :

1. Teori Organisasi yang Berorientasi ke Dalam

Banyak organisasi dianggap indepen dan tidak terlalu memperhatikan lingkungan luar oleh beberapa teori. Teori organisasi yang berorientasi ke dalam ini banyak dijadikan dasar oleh sebagian besar system pengendalian manajemen dalam suatu organisasi hal tersebut didasarkan karena dalam teori ini mencakup tanggung jawab dalam pengambilan keputusan yang berlaku menurut proyek ‘ proyek, program ‘ program serta komponen ‘ komponen fungsionalnya.

2. Teori Organisasi yang Berorientasi ke Luar

Teori ini adalah teori kebalikan dari teori sebelumnya yaitu teori organisasi yang berorientasi ke dalam. Teori ini beranggapan bahwa suatu organisasi selalu berhubungan dengan lingkungan di sekitarnya. Ada dua jenis organisasi yang menganut teori organisasi yang berorientasi keluar ini, yaitu :

– Organisasi system umum terbuka

– Organisasi system manajemen

TIPE ORGANISASI

Ada tiga jenis atau tipe organisasi, yaitu :

1. Organisasi Fungsional

Dalam tipe organisasi ini, penekanan lebih ditujukan kepada manajer yang sangat harus bertanggung jawab terhadap suatu fungsi tertentu, seperti fungsi produksi, fungsi pemasaran dan fungsi lainnya yang diterapkan dalam organisasi tersebut. Fungsi ‘ fungsi tersebut dapat dihimpun oleh fungsi yang lebih tinggi dalam organisasi itu juga. Organisasi ini berpotensi membuat efisiensi perusahaan yang lebih baik karena menggunakan masukan ‘ masukan dari manajerial yang lebih tinggi.

2. Organisasi Divisi

Dalam organisasi ini, semua manajer harus bertanggung jawab terhadap hamper keseluruhan fungsi dalam proses produksi serta distribusi lini pada organisasi tersebut. Orientasi organisasi divisi lebih terbuka yang berarti lebih menekankan bahwa para manajer harus peka terhadap pengaruh ‘ pengaruh yang dating dari luar yang mungkin dapat mempengaruhi kinerja organisasi.

3. Organisasi Matriks

Ada dua struktur organisasi dalam organisasi matriks, yaitu ditata berdasarkan fungsi dan ditata berdasarkan program. Pada organisasi matriks, para manajer bertanggung jawab penuh atas profitabilitas dari lini produk organisasi tersebut dimana proses produksi dilakukan oleh unit ‘ unit organisasi fungsional.

Teori Kemungkinan (Contingency Theory)

Untuk mengendalikan suatu manajemen menggunakan tiga macam pendekatan, antara lain :

1. Pendekatan tradisional

Pendekatan ini menekankan pada perencanaan, pendekatan dan pengendalian.

2. Pendekatan system

Pendekatan ini menekankan padapenggunaan sumber daya manusia sebagai pertimbangan dalam pengambilan keputusan.

3. Pendekatan perilaku

Pendekatan ini menekankan pada pengendalian manusia termasuk di dalamnya motivasi dan prediksi.

PERILAKU MANAJEMEN

Organisasi dan sistemnya yang rumit akan mempengaruhi perilaku manusia menjadi rumit pula.

Konsep Fundamental

Agar suatu organisasi ‘terkendali’ maka para anggota organisasi harus mengetahui dengan baik apa sebenarnya yang diinginkan oleh manajemen. Untuk merealisasikan hal tersebut, dapat menggunakan banyak informasi yang telah disediakan oleh manajemen organisasi seperti anggaran hingga kebijakan organisasi. Tujuan organisasi dibuat oleh para manajer senior dan dilaksanakan oleh manajer operasional untuk selanjutnya para manajer senior menerapkan system pengendalian manajemen untuk mengontrol organisasi tersebut.

Persepsi Tujuan

Para manajer operasional harus benar ‘ benar mengetahui apa tujuan organisasi. Para manajer operasional tersebut dapat secara mudah mendapatkan informasi ‘ informasi yang mereka butuhkan dari berbagai sumber baik dari dokumen maupun percakapan informal saja. System pengendalian manajemen yang efektif dapat menguatkan kepastian suatu perusahaan.

Organisasi Informal

Adanya organisasi informal di dalam organisasi formal sering menyebabkan adanya salah persepsi mengenai tindakan yang diharapkan. Hubungan pada organisasi informal tidak tercantum di dalam bagan organisasi, padahal hal tersebut cukup penting untuk pemahaman system pengendalian organisasi tersebut.

Motivasi

Reaksi pada pelaku organisasi terutama manajemen terhadap organisasi dapat berbeda tergantung pada motivasinya. Motivasi dapat bermacam ‘ macam, misalnya kenaikan gaji, promosi, pujian dan lain ‘ lain. Motivasi timbul dari dalam pribadi masing ‘ masing, tetapi motivasi dapat dipengaruhi oleh rangsangan dari lingkungan sekitarnya.

Keselarasan Tujuan (Goal Congruence)

Setiap manusia memiliki tujuan pribadi, begitu juga dengan organisasi yang juga memiliki tujuan bersama. Salah satu tugas penting system pengendalian adalah menyelaraskan kedua tujuan tersebut serta mencapainya demi mendapatkan kepuasan bersama. Semakin kuat hubungan antara tujuan pribadi dan tujuan organisasi, maka ssistem pengendalian organisasi tersebut akan semakin kuat juga.

Kerjasama dan Konflik

Suatu organisasi tidak akan berjalan dengan baik apabila para anggotanya tidak bekerjasama dengan baik secara terkoordinasi, untuk itu di dalam organisasi sangat dibutuhkan kerjasama yang terkoordinir dan selaras. Selain itu, organisasi juga harus menjaga koordinasi dan keselarasan tersebut agar tidak terjadi konflik yang dapat mengganggu kinerja organisasi. Konflik tersebut dapat terjadi karena berbagai alasan, salah satunya adalah dengan adanya persaingan didalam organisasi tersebut.

Iklim Organisasi (Organizational Climate)

Secara singkat, iklim organisasi dapat diartikan sebagai hasil kombinasi dari struktur formal dan struktur informal pada suatu organisasi. Dan menurut pemahaman saya iklim organisasi merupakan suasana di dalam organisasi dimana tiap pelaku organisasi di dalam organisasi saling membantu, saling menilai, dan memahami antara satu dengan yang lain. Iklim organisasi ikut mengambil bagian penting dalam organisasi. Keduanya saling mempengaruhi satu sama lain.

Tipe Pengendalian

Pelaku pengendalian Sumber arah pengendalian Macam ‘ macam Pengendalian

Ukuran prestasi dan tingkah laku Isyarat untuk tindak koreksi Imbalan untuk prestasi Hukuman untuk kegagalan

Organisasi formal Rencana organisasi, strategi, tanggapan atas persaingan Anggaran, biaya standar, target penjualan penyimpangan Penghargaan manajemen, insentif uang, promosi Minta penjelasan

Kelompok informal Keterikatan bersama cita’cita kelompok Norma-norma kelompok penyimpangan Pengakuan rekan, keanggotaan, kepemimpinan Ejekan, pengasingan, permusuhan

Perorangan Tujuan pribadi, aspirasi Harapan pribadi, target antara Dugaan akan kegagalan di masa yang akan dating, target tak tercapai Kepuasan karena ‘terkendali’ kegembiraan Merasa gagal

Sumber : Disarikan dari Gene W. Dalton dan Paul R. Lawrence, Motivation and Control in Organizations (Homewood, III. : Richard D. Irwin, 1971). Hak Cipta 1971 oleh Richard D. Irwin Inc.

Variasi dalam Pengendalian

Hakekat system pengendalian manajemen dibedakan menurut sifat pekerjaan, macam organisasi, lingkungan daan peran manajer. Berikut adalah tiga dimensi yang perlu diperhatikan dalam penggunaan dan pengembangan system pengendalian manajemen :

1. Besar keleluasaan manajemen

2. Besar interdependensi

3. Rentang waktu pelaksanaan

FUNGSI KONTROLER

Kontroler dapat diartikan sebagai petinggi atau pejabat yang bertanggung jawab atas apa yang telah direncanakan oleh organisasi dan bagaimana pengoperasiannya. Tanggung jawab para kontroler berbeda ‘ beda di tiap organisasi bahkan di tiap divisinya. Tanggung jawab kontroler didasarkan pada posisinya masing ‘ masing. Tanggung jawab tersebut dilaksanakan secara langsung. Selain tanggung jawab dalam perencanaan dan pengoperasian tersebut, berikut ini adalah fungsi lain dari kontroler :

a. Menyiapkan laporan kepada pihak pemerintah serta pihak ‘ pihak luar lainnya.

b. Mempersiapkan pengembalian pajak.

c. Mempersiapkan dan melakukan analisa terhadap laporan prestasi keuangan.

d. Membantu para manajer dengan cara melakukan analisa sertab menafsirkan laporan ‘ laporan tersebut.

e. Menggunakan prosedur pemeriksaan intern dan pengendalian akuntansi, memastikan validitas informasi, menetapkan usaha perlindungan yangcukup terhadap berbagai penyimpangan serta melakukan pemeriksaan operasional.

f. Melakukan pengembangan kepada orang ‘ orang yang ia pimpin serta berperan langsung dalam penambahan pengetahuan mengenai fungsi kontroler

g. Mengadakan manajemen kas, asuransi serta kegiatan ‘ kegiatan lainnya demi pengamanan kekayaan perusahaan.

Hubungan dengan Organisasi Lini

Kontroler juga memiliki hak untuk membuat kebijakan ‘ kebijakan dalam organisasi. Namun keputusan ‘ keputusan tersebut merupakan realisasi pelaksanaan kebijakan ‘ kebijakan yang telah dibuat oleh manajer lini. Dengan kata lain, terdapat keselarasan antara kedua belah pihak. Hal tersebut tentunya sangat baik untuk menjaga kelancaran jalannya organisasi tersebut.

Kontroler Divisi

Kebanyakan perusahaan atau organisasi membagi organisasinya tersebut menjadi beberapa divisi yang dikepalai oleh seorang manajer. Manajer divisi tentu juga memiliki kontroler divisi. Dalam hal ini, kontroler divisi harus patuh kepada manajer divisi dan juga kontroler perusahaan yang terkadang beda kepentingannya. Penilaian prestasi terhadap kontroler divisi dapat dilakukan dengan menilai beberapa poin, antara lain :

– Laporan akuntansi dan keuangan

– Pengetahuan mengenai operasi divisi

– Sasaran dan pelaksanaan kepatuhan terhadap kebijakan

– Kontribusi manajemen

– Pengetahuan terhadap akuntansi

– Kejujuran dan profesionalisme

– Kemauan bekerjasama

– Organisasi dan staf

– Inisiatif dan semangat

HUBUNGAN LINI-STAF

Seorang manajer divisi dapat dikatakan tidak memiliki staf maupun asisten pribadi. Manajer tersebut mendapatkan bantuan dari :

1. Tenaga yang ditugaskan untuk membantunya dari staf umum, insinyur serta petugas pembelian

2. Staf pusat yang dapat dimintai bantuan kapan saja sebanyak mungkin.

HUBUNGAN MANAJER DIVISI ‘ KONTROLER

Untuk mencapai kesuksesan organisasi dalam hubungannya dengan manajer divisi, maka organisasi perlu membina kerjasama yang baik dan solid di tiap ‘ tiap manajemen. Berikut merupakan beberapa factor yang dapat mempengaruhi hubungan baik adalah :

1. System akuntansi yang seragam dan terpusat

2. Sasaran ‘ saasaran keuangan yang telah ditetapkan sebelumnya untuk tiap ‘ tiap divisi.

(Pertumbuhan penjualan serta besar laba penjualan)

3. Pembagian laba antara kontroler dan manajer

SISTEM AKUNTANSI

Selain memiliki tanggung jawab dalam perencanaan dan pengoperasian organisasi, divisi kontroler juga memiliki kewenangan atas system akuntansi yang akan digunakan oleh organisasi tersebut termasuk di dalamnya menetapkan cara dan jenis pos ‘ pos yang harus mereka awasi. Sistem akuntansi dijadikan dasar dalam penyusunan laporan keuangan beserta analisisnya.

SASARAN ‘ SASARAN DIVISI

Seperti yang telah disebutkan pada bagian sebelumnya, perusahaan atau organisasi memiliki sasaran keuangan, yaitu pertumbuhan penjualan dan tingkat laba. Tingkat laba dalam organisasi atau perusahaan ditetapkan sebaga persentase penjualan. Berikut ini adalah beberapa factor penentu target laba penjualan :

1. Kemungkinan pematenan produk

2. Besar laba atas investasi yang diinginkan

3. Besar laba industry bersangkutan

4. Besar laba investasi bersangkutan

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Business notes: Creative problem solving writing an essay help

1 Unit 1 – Creative problem solving

1.1 Introduction

A business leader is expected to identify problems, implement solutions and find business opportunities. To do so, they must learn to plan, analyse situations, identify and solve problems (or potential problems), make decisions, and set realistic and attainable goals for the business/unit. These are the fundamental thinking/creative requirements for leadership, and these set direction to a successful future. Without this critical competence, you will have to rely on others to do your thinking for you, or you will simply have to learn to nurture your creative thinking skills which will help you on your journey towards successful business.

Creative thinking forms part of this continuous problem solving process, and is the fundamental basis for facilitating in the development of solutions, new initiatives, products or services. In an entrepreneurial context, the end result of this process should be directly linked to a feasible opportunity in the market environment.

Quote – What lies behind us and what lies before us, are tiny matters, compared to what lies within us. – William Morrow

The creative problem solving process consists of the following four steps:

‘ Problem analysis

‘ Solution analysis

‘ Decision analysis

‘ Solution implementation

1.2 The process

The creative problem solving process consists of an important core process, namely the idea generation process see figure 1. This is an important step, especially if you need to come up with creative ideas for products, services, and processes, to solve a consumer problem. The idea generation process consists of the following four steps:

‘ Step 1 – Generating ideas

‘ Step 2 – Developing ideas into a concept

‘ Step 3 – Converting a concept into a tangible or intangible product

‘ Step 4 – Finally protecting the tangible or intangible product

Figure 1 – The process of creative thinking (idea generation)

Initially you need to understand the problem and find the root cause of the problem. Many techniques are available to find the causes of problems, you can use the 5 Why technique in this case, if you are familiar with it. The more advanced courses will describe how to use the major problem identification techniques, but this course will focus on the idea generation process.

1.3 Where to start

In the entrepreneurial phase, the best way to start the idea generation process is when you are required to come up with a new product or service, to identify a potential consumer problem. Initially, focus on identifying problems in the area of your expertise (your knowledge base).

If you have no knowledge of the problem, the product development stage could be a challenge for you.

You will learn in the next section that not all problems are opportunities, and entrepreneurs should be careful as to how they approach this stage, when generating ideas in trying to identify a new product or service.

1.4 Problem versus opportunity

In most cases, the idea-generation phase in the creative problem solving process is neglected. Individuals normally identify a problem or an opportunity (which may seem like an opportunity, but is actually just an idea), and then develop a new product in line with the new assumed idea or opportunity. It is therefore important to distinguish between an idea and an opportunity. Resources may be wasted if a mere idea is incorrectly perceived as an opportunity.

Any opportunity is initially problem based (e.g. a coffee shop in a destination where there is a lack thereof, this creates several problem situations and potentially feasible opportunities for the entrepreneur). The creative thinking (idea generation process) involved, is the means to solving these problems, and bring forth solutions to the market problems, which create further opportunities.

1.4.1 Difference between problem and opportunity

There is, however, a critical difference between a problem and opportunity. Consider the following:

‘ Is it an idea or an opportunity to develop a high speed train between two major cities which are not far from each other? Some may say it is a great idea, but when you need to pay R200 a day to make use of it, it is simply not an opportunity. Only a few people would make use of the service, resulting in a negative impact on the market.

‘ If it is possible to transport people between the two cities for a lower cost, say R10, it would possibly be a more feasible opportunity.

Here is a good example of an opportunity – Around the turn of the twentieth century, a shoe manufacturer sent a representative to Africa, to open up a market in the undeveloped area in that continent. After exploring the culture for a month, the rep sent a telegram to the home office shouting,

‘Disaster! Disaster! These people do not wear shoes. Bring me home immediately!’

A short time later, another shoe company sent their agent to Africa for the same purpose. A month later his home office also received a telegram:

‘Opportunity! Opportunity! These people do not wear shoes! Triple production immediately!’

Quote – Every situation contains the potential for disastrous problems or unprecedented success. The event is what we perceive it to be. Unknown

Now the question arises: How do I distinguish between an idea and an opportunity? Looking at above examples, every problem is not an opportunity, and it really depends at how you are looking at the problem. If you see a viable opportunity in a problem then you are looking at the problem with a different perception than most people (the glass is half full or half empty). From a business perspective all opportunities are not necessarily a viable opportunity, the market determines the available opportunities. Without the knowledge to interpret the market conditions, you could miss it totally in terms of your opportunity analysis.

Table 1 shows the different industries in South Africa, the level of entrepreneurial activity, and how the same opportunity differs in each of these market areas.

1.4.2 The global entrepreneurship monitor

The Global Entrepreneurship Monitor ‘ specifically identified the entrepreneurial activity in the various industries of South Africa. It can be generalized to state that an industry with a high level of entrepreneurial activity, gives away more business opportunities (e.g. manufacturing, retail, hotel, restaurant and business services), while one with a lower level will indicate far less opportunities (e.g. agriculture, forestry, hunting, fishing, finance, insurance, real estate and health, education and social services).

If we analyse just one ‘high-opportunity’ industry, for instance manufacturing, it may be an opportunity today to manufacture a final product, and export it to an international market. A ‘low-opportunity’ industry, for instance insurance (especially in the market entry phase), may be negative as having an extremely high crime rate and insurance companies have to pay out claims at an alarming rate. It is also evident that low-opportunity industries may create feasible opportunities.

An entrepreneur should therefore be wary of following a fad, (latest trend) and exploiting assumed opportunities in a ‘popular’ industry.

Percentage of Entrepreneurs

ISIC Category Start-ups New Firms Total

Agriculture, forestry, hunting, fishing 1,3 2,6 1,6

Mining, construction 9,7 5,0 4,1

Manufacturing 14,3 19,1 13,8

Transport, communications, utilities 9,8 0,7 8,0

Wholesale, motor vehicle sales, repairs 6,0 6,5 6,3

Retail, hotel, restaurant 40,8 47,7 43,5

Finance, insurance, real estate 0,3 5,2 1,4

Business services 10,1 7,9 9,4

Health, education, social services 2,6 0,7 2,3

Consumer services 11,0 3,5 9,7

Source: Driver. Wood, Segal & Herrington, 2001

Table 1 – The percentage of entrepreneurs in the different industries in South-Africa

1.4.3 What is an opportunity?

What exactly is an opportunity and how does an entrepreneur exploit a feasible opportunity? According to Hesrich & Peters (2002), an opportunity is the process whereby the entrepreneur assesses whether a certain product, service or process, will yield the necessary earnings based on the resource inputs that are required to manufacture and market it.

The nature of opportunities needs to be assessed – thus, what leads to the existence of an opportunity? The following factors may result in an opportunity:

‘ General and specific problems faced by consumers

‘ Market shifts

‘ Government regulations

‘ Competition

There are two equally important criteria in the assessment of an opportunity. Firstly, the size of the market – will the number of customers reward the input and energy required, to create and deliver the product?

Secondly, the length in terms of the frame of the opportunity (window of opportunity). For example, is the demand for this product only a short fashionable phenomenon or is it based on sustainable business, or how long will it take before someone else (a competitor), to grab the opportunity?

These two aspects should also link directly to the personal skills and competence of the entrepreneur. For example, entrepreneurs with no skills or interest in information technology will not necessarily achieve their personal goals. They should rather venture into an opportunity which suits their experience and personality.

1.4.4 Transform opportunity into a business

Table 2 shows how the development of a business plan links to the identification and evaluation of opportunities, the determination of the resources required and the eventual management of the enterprise. All of these factors play a significant role in the correct assessment of the business opportunity.

This means that the business plan must explain in sufficient detail how the business will exploit the situation, to transform the opportunity, into solving a problem for the consumer, which generates extraordinary profits for the people involved.

Identify and evaluate the opportunity Develop the business plan Determine the resources needed Manage the enterprise

Creation and length of opportunity

Real and perceived value of opportunity

Risk and returns of opportunity

Opportunity versus skills and goals

Competitive situation Title page

Table of contents

Executive summary

Description of business

Description of industry

Marketing plan

Financial plan

Production plan

Organisational plan

Operational plan

Summary

Appendices Existing resources of the entrepreneur

Resource gap and available supplies

Access to needed resources Management style

Key variables for success

Identification of problems and potential problems

Implementation of control systems

Source: Hisrich, R.D. & Peters, M.P. 2002: 40. Entrepreneurship. Boston: Irwin/McGraw-Hill.

Table 2 – Link between Opportunity and business plan

1.5 Instruction

Exit and resume to your current page.

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The importance of employee engagement in an organization high school essay help

1.4 Literature Review

Mark Kilsby and Stephen Beyer (1996) ‘ Engagement and Interaction : A comparison between supported employment and acts’. This research study was conducted with the help of interaction and commitment patterns of 13 supported employees and 38 regular adult training center attainders of the organization. Direct observation was used as method of data collection, within the 13 employment sites and a representative sample of ATC organized activities. Because of the higher level of task specific dialogue between individuals and the service of the organization it is found that there is more of social interaction in ACT. Interaction of employees with public within office hours was the cause for this as per the study conducted.

Douglas R. May, Richard L, Gilson and Lynn M . Harter (2004) ‘The Psychological Conditions Of Meaningfulness ,Safety And Availability And The Engagement Of The Human Spirit At Work’. This shows the study about a U.S western company which explored the determinants and mediated the effects of tree psychological conditions they are meaningful, safe and available. The above studies shoes that all the three factors (meaningfulness, safety and availability) have a positive relation with the engagement of an employee in the organization. In other words they are completely associated with the psychological safety where as loyalty to co worker norms and self- consciousness are negatively related.

Despoina Xanthopaolou, Arnold B, Bakker, Evangelia Demerouti and Wilmar B.Schaufeli (2009) ‘Work Engagement And Financial Returns : A Diary Study On The Role Of The Job And Personal Resources’. The above study shows that how daily fluctuations in job can affect the level of personal resource , financial returns and work engagement. Different level of analysis revealed that day level job resources had an effect on work engagement through the day level personal resources. When there was a control for the general level of personal resources and organizational engagement Day level work engagement showed a positive way towards day level training, which in turn showed the financial returns.

Dan-Shang Wang and Chia ‘Chun Hsieh (2013) ‘The Effect Of Authentic Leadership On Employee Trust And Employee Engagement’ they have examined the genuine leadership on employee engagement through employee trust. They have collected data from 386 employees from top 1000 manufacturing companies and top 500 service companies in Taiwan. Hierarchical multiple regression was used to test the hypothesis on the employees. Later on the results shows that the consistency between the supervisors , words and actions as well as their moral perceptions are optimistically related to employee engagement , when only supervisors are consist between the words and actions in positively related employment trust. The study shows how employee engagement had a positive trust on employee. Employee trust has a partial link between authentic leadership and employee engagement.

Benjamin J.C, Yuan and Michael B.H. Lin (2012) ‘Transforming Employee Engagement Into Long-Term Customer Relationships: Evidence From Information Technology Salespeople In Taiwan’. This article shows that when information sales people in Taiwan have perceived more transformational leadership and they were more expected to show increased development in work engagement. Over a period of time it was found that increased development in work engagement influenced the increased customer relationship. It showed how employee engagement is indirectly co related with customer relationship.

Xander M.Bezuijen, Karen Van Dam, Peter T . Van Den Berg and Henk Thierry (2010) ‘How Leaders Stimulate Employee Learning : A Leader ‘ Member Exchange Approach’. This study investigated how the three factors as such as leader member exchange, goal setting, and feedback are related to employee engagement in the learning activities. Here, two different mechanisms were proposed , first one a mediating mechanism telling that leader member exchange shows specific leader behavior. The second one is it as a moderating mechanism , holding that leader member exchange will strengthen the effect of leader behavior from 7 organizations a sample of 1112 employees was taken , to measure the leader member exchange approach. 233 of the direct leaders answered that they find difficulty in rating employee engagement in learning activities.

Maureen F.Dollard and Arnold B. Bakker (2010) ‘Psychosocial Safety Climate As A Precursor To Conducive Work Environment , Psychological Health Problems , And Employee Engagement’. This article shows the gap between work psychology and psychosocial working condition. Where we construct a psychosocial working condition PSC. It explains how PSC influences the senior management in psychological working conditions and in psychological health and engagement. They use the job demand and resources as a frame work and uses a multi level thinking into their explanation

James R.Jones (2009) ‘Comparative Effects On Race/Ethnicity And Employee Engagement On Withdrawal Behavior’. This study have added knowledge on the basis of effects on employee attachment. In addition to that it provides more evidence on looking at all types of employees as a single entity which can lead to false results.

Shane Crabb ( 2011) ‘The Use Of Coaching Principles To Foster Employee Engagement’. The above article focuses on the human condition that leads to the happiness of fulfillment and flourishing of employee engagement. Where positive psychology results in so many questions from traditional psychological approaches .Which have mean to focus on a different model of human functioning with healing people fail. In another way positive psychology takes additional holistic approach to human life. Seeing the positive and negative aspects of context when establishing what is right , working and good of people.

Roberta A . Neault and Deidre A .Pickerel (2011) ‘Career Engagement : Bridging Career Counseling And Employee engagement’ . this article is showing that employee counselors helps individuals in maximizing their career engagement at any career stage of an individual. When you facilitate career engagement it contributes to employee engagement which employee are looking for. They even encourages others to use the career engagement and employee engagement models as vehicles to combine the employers to interest in engagement counselors to create interest in supporting the development of employee an motivate them to work.

2.1 Title: A Cross Sectional Study Of Employee Engagement In Apollo Hospitals.

2.2 Objectives:

1. To determine the level of Employee Engagement in Apollo Hospitals.

2. To identify the factors of Employee Engagement.

3. To analyze and suggest strategies for improvement.

2.3 Research Methodology:

I had adopted descriptive research design for the purpose of this

Survey on employee engagement. The primary data was collected from the 100 employees conveniently selected from Apollo Hospitals Bangalore, through structured questionnaire.

2.4 Limitations:

1) The survey was carried out for a sample sized of 100 working staff only.

2) Findings and suggestion of this research are applicable only to Apollo Hospitals.

3) As an fact finding study advanced statistical tools or analysis are not used.

Table 1.1 Weighted Average on Opportunities for growth

X 1 2 3 4 5

I have adequate opportunities for professional growth in this organization. (X1) 10 20 32 19 19

I receive the training I need to do my job well.(X2) 2 52 22 16 08

My manager is actively interested in my professional development and advancement.(X3) 32 21 12 18 17

My manager encourages and supports my development (X4) 08 10 40 18 24

I am encouraged to learn from my mistakes (X5) 52 23 16 04 05

My work is challenging, stimulating, and rewarding(X6) 28 14 33 16 09

X1 ?? XI X2 ?? X2 X3 ?? X3 X4 ?? X4 X5 ?? X5 X6 ?? X6

10 50 2 10 32 160 08 40 52 260 28 140

20 80 52 208 21 84 10 40 23 92 14 56

32 96 22 66 12 36 40 120 16 48 33 99

19 38 16 32 18 36 18 36 04 08 16 32

19 19 08 08 17 17 24 24 05 05 09 09

TOTAL 283 TOTAL 324 TOTAL 333 TOTAL 260 TOTAL 413 TOTAL 336

Table 1.2 Calculation Of Weighted Average on Opportunities for growth

283/100 2.83 324/100 3.24 333/100 3.33 260/100 2.60 413/100 4.13 336/100 3.36

RANKED 6 RANKED 4 RANKED 3 RANKED 5 RANKED 1 RANKED 2

Table 1.3 Showing The Rank Of Each Component of Opportunities for growth

INFERENCE

The above table shows that the employees are encouraged to learn from their mistakes that is 4.15 out of 5.the work is stimulating rewarding and challenging is ranked 2nd.the manager is actively interested in employees professional growth is

ranked 3rd.the level of opportunity for professional growth shows the least ranking.

Table 1.4: Showing Adequate Opportunities/ Professional growth

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

10 20 32 19 19 100

Chart 1.1: Showing Adequate Opportunities/ Professional growth

Interpretation:

32% of the employees from the given population says that they have a neutral opportunity to grow where as 10 % stands in the outstanding category and 20% of them in good category. An equal no of employees disagree to the fact in the other hand that is 19% of the given population.

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

2 52 22 16 8 100

Table 1.5: Showing Training

Chart 1.2: Showing Training

Interpretation:

In the given sample 52% of the employees agrees to the fact that they receive good training in order to do their job efficiently and 2% strongly agrees. where 22 % is neutral to the situation given.16 % of them do not get proper training they required to do their jobs and 8 % strongly disagree to it. It is clear that the organization is giving a proper training to employees to make their work effective.

Table 1.6: Showing Professional Development And Advancement

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

32 21 12 18 17 100

Chart 1.3: Showing Professional Development And Advancement

Interpretation:

Most of the employees agree that their manager takes attention in their professional development steps. 32 % to 25 of the employees from the given sample have strongly agreed and agreed to it respectively. whereas 12 % is neutral to it . but 18% to 17% disagrees and says that they are not taken care in respective of their advancement in profession.

Table 1.7: Showing Encouragement And Support

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

8 10 40 18 24 100

Chart 1.4: Showing Encouragement And Support

Interpretation:

From the above graph its clear that 40% of the employees neither agree or disagree that management encourage them or support them. 8% to 10% agrees that they have been supported by the management . but 18 % to 24 % disagree to the fact that management supports them .

Table 1.8: Showing Challenges, Stimulation And Reward

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

52 23 16 4 5 100

Chart 1.5: Showing Challenges, Stimulation And Reward

Interpretation:

More than half , 52% of the employees states that they have a challenging stimulating and rewarding work. A very few of them disagree to it 4 % to 5% . and 23 % of them agrees t it there is a majority of people agreeing to it.

Table 1.9: Showing Encouragement

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

28 14 33 16 9 100

Chart 1.6: Showing Encouragement

Interpretation:

There is a 28% of people agreeing to it. And 16 % to 9 % disagreeing to the fact that they are not encouraged to learn from their mistakes .

Table 1.10: Showing Weighted Average on Work/Life Balance; Stress and Work Pace

X 1 2 3 4 5

My manager understands the benefits of maintaining a balance between work and personal life. (X1) 02 13 08 48 29

My job does not cause unreasonable amounts of stress in my life. (X2) 30 13 08 48 29

The amount of work I am asked to do is reasonable. (X3) 40 20 12 14 14

I am able to satisfy both my job and family/personal responsibilities. (X4) 27 12 08 09 44

X1 ?? X1 X2 ?? X2 X3 ?? X3 X4 ?? X4

02 10 30 150 40 200 27 135

13 52 13 52 20 80 12 48

08 24 08 24 12 48 08 24

48 96 48 96 14 28 09 18

29 29 29 29 14 14 44 44

TOTAL 211 TOTAL 351 TOTAL 370 TOTAL 269

Table 1.11: Showing Calculation Of Weighted Average on Work/Life Balance; Stress and Work Pace

Table 1.12: Showing The Rank Of Each Component of Work/Life Balance; Stress And Work Pace

211/100 2.11 351/100 3.51 370/100 3.7 269/100 2.69

RANKED 4 RANKED 1 RANKED 2 RANKED 3

INFERRENCE

By analysing the given data using weighted average method that the level of stress reduced in the employees is 3.51 out of 4 , and the amount of work the employee is asked to do is 3.7. the employee is able to balance between family and personal responsibility is 2.69 . the managers understanding in the benefits and maintaining balance between work and personal life should be taken care because it is got only 2.11 which have least rank

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

2 13 8 48 29 100

Table 1.13: Showing Work/Life Balance; Stress And Work Pace Balance Between Work And Personal Life

Chart 1.7: Showing Work/Life Balance; Stress And Work Pace Balance Between Work And Personal Life

Interpretation:

Only 2% of the employees says that there is a balance between work life and personal life. 13% of them agrees to it and 8% is neutral to it.but 48% of the sample disagrees and 29 % of them strongly disagrees to it.

Table 1.14: Showing Stress Level In Employees Life

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

30 13 8 48 29 100

Chart 1.8: Showing Stress Level In Employees Life

Interpretation:

30% of the employees strongly agrees that the job doesn’t cause much stress where 13% of them agrees and 8% is neutral to it. But 48%of them disagree nd 29% strongly disagrees and states that job causes stress in their life.

Table 1.15: Showing Amount Of Work Asked To Do

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

40 20 12 14 14 100

Chart 1.9: Showing Amount Of Work Asked To Do

Interpretation:

40% of them strongly agrees that they have sufficient amount of work and they do not feel any stress where 20 % of them agrees. 12% of the sample is neutral.14% of them disagrees they don’t have suffient amount of work or they are overloaded with the work given.

Table 1.16: Showing Satisfying Family / Personal Responsibilities

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

40 20 12 14 14 100

Chart 1.10: Showing Satisfying Family / Personal Responsibilities

Interpretation:

44% of them strongly disagree that they are not able to complete their job, family and personal responsibilities. 27 % to 12 % agrees to it and 8% is neutral to that. It shows that employees are not satisfied with the amount of work given to them.

Table 1.17: Showing Weighted Average on Personal Expression / Diversity

X 1 2 3 4 5

My ideas and opinions count at work. (X1) 03 18 19 32 28

I am comfortable sharing my opinions at work. (X2) 10 08 28 42 12

We work to attract, develop, and retain people with diverse backgrounds. (X3) 10 13 09 56 12

Senior management is genuinely interested in employee opinions and ideas. (X4) 24 23 36 07 10

People with different ideas are valued in this organization. (X5) 20 18 40 13 09

Table 1.18: Calculation Of Weighted Average on Personal Expression / Diversity

X1 ?? X1 X2 ?? X2 X3 ?? X3 X4 ?? X4 X5 ?? X5

3 15 10 50 10 50 24 120 20 100

18 72 08 32 13 52 23 92 18 72

19 57 28 84 09 27 36 108 40 120

32 64 42 84 56 112 07 14 13 26

28 26 12 12 12 12 10 10 09 09

TOTAL 234 TOTAL 262 TOTAL 253 TOTAL 344 TOTAL 327

234/100 2.34 262/100 2.62 253/100 2.53 344/100 3.44 327/100 3.27

RANKED 5 RANKED 3 RANKED 4 RANKED 1 RANKED 2

Table 1.19: Showing The Rank Of Each Component of Personal Expression / Diversity

INFERRENCE

By analysing the above table it shows that senior management is interested in personal opinions which shows the rank 1. And people with different ideas are valued in the organisation are considered 3.27 out of 5. Employees are free to share their ideas 2.62. the employees work in such a manner to attract and retain others 2.53 ,which has got the 4th rank. Ideas counted at work has got the least rank where they have to work on that part.

Table 1.20: Showing Idea And Opinion Count

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

3 18 19 32 28 100

Chart 1.11: : Showing Idea And Opinion Count

Interpretation:

Only 3% of the employees agree that the management listens to their ideas and opinions. 18% of them agree to it as well. 19 % is neutral to the situation. Whereas there is a huge no of the sample size that is32% to 28% who is disagreeing to it. Their opinions and ideas are not taken seriously by the management.

Table 1.21: Showing Level Comfort in Sharing Opinions

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

10 8 28 42 12 100

Chart 1.12 : Showing Level Comfort in Sharing Opinions

Interpretation:

The conducted shows that onl10% to 8% employees are comfortable in sharing their problems with the upper management. Rest of the sample that is 42% is disagreeing that they are not comfortable in sharing their ideas or problems.12% of them strongly disagrees.

Table 1.22: Showing The Work They Do Is To Attract , Develop And Retain

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

10 13 9 56 12 100

Chart 1.13: Showing The Work They Do Is To Attract , Develop And Retain

Interpretation:

56% of the employees disagrees that they don’t work to attract ,develop or retain customers. Where 10% to 13% agrees to the statement . a little sample size of 12% strongly disagrees to the statement .

Table 1.23: Showing Senior Management Interest In Employee Opinion And Ideas

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

24 23 26 7 10 100

Chart 1.14: Showing Senior Management Interest In Employee Opinion And Ideas

Interpretation

The management shows interest in taking employees ideas and opinions.24% of them agrees and 23% of the strongly agrees to the statement. A huge sample ,36% id neutral to the statement. But a little sample, 7% to 10% disagrees to the statement.

Table 1.24: Showing People With Different Ideas Are Valued

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

20 18 40 13 9 100

Chart 1.15: Showing People With Different Ideas Are Valued

Interpretation:

20% to 18% of the employees agree that people with different ideas are well accepted in the organization. 40% to the employees are neutral to the statement. 13 % to 9% of the sample disagrees to the statement on the other hand.

Table 1.25: Showing Weighted Average On Compensation

X 1 2 3 4 5

I am paid fairly for the work I do. (X1) 19 42 12 25 2

My salary is competitive with similar jobs I might find elsewhere.(X2) 32 12 28 23 5

My benefits are comparable to those offered by other organizations.(X3) 8 29 28 32 3

I understand my benefit plan. (X4) 42 15 19 9 15

I am satisfied with my benefit package. (X5) 58 12 11 6 13

Table 1.26: Calculation Of Weighted Average On Compensation

X1 vX1 X2 ?? X2 X3 ?? X3 X4 ?? X4 X5 ?? X5

19 95 32 160 08 40 42 210 58 290

42 168 12 48 29 116 15 60 12 48

12 36 28 84 28 84 19 57 11 33

25 50 23 46 32 64 09 18 06 12

02 02 05 05 03 03 15 15 13 13

TOTAL 351 TOTAL 343 TOTAL 307 TOTAL 360 TOTAL 396

Table 1.27: Showing The Rank Of Each Component Of Compensation

351/100 3.51 343/100 3.43 307/100 3.07 360/100 3.60 396/100 3.96

RANKED 3 RANKED 4 RANKED 5 RANKED 2 RANKED 1

INFERENCES

The above table shows that the employees are satisfied with the benefit package they are given 3.96 out of 5.the employees understand their plan is 3.60. the fair pay is ranked 3rd.the employees salary is competitive with others is ranked 4th. The salary is not comparable with salary with others which has been ranked the least, rank 5.

Table 1.28: showing Fair Pay

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

19 42 12 25 2 100

Chart 1.16: Showing Fair Pay

Interpretation:

19% to 42% of the Employees agree that they are paid fairly according to the amount of work they do. But 25% to 2% of the sample size disagrees to the statement. And 12% is neutral to it.

Table 1.29: Showing Salary Competitiveness

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

32 12 28 23 5 100

Chart 1.17: Showing Salary Competitiveness

Interpretation:

32% of the employees agrees that they get a competitive salary when compared to other organizations with same designation. 12% of them strongly agrees to it .28% of them are neutral to the statement. 23% to 5% is disagrees to the statement in the other hand.

Table 1.30: Showing Comparability Of Benefits

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

8 29 28 32 3 100

Chart 1.18: Showing Comparability Of Benefits

Interpretation:

There is balance, 29% of the employees agrees and 32 % of them strongly disagrees that they have a comparable benefits.28% of them are neutral in the other hand.

Table 1.31: Showing Understanding Of Benefit Plan

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

42 15 19 9 15 100

Chart 1.19: Showing Understanding Of Benefit Plan

Interpretation:

42% of the employees agrees that they understand their benefit plan. 15% strongly agrees ,where 19% is neutral.9% to 15% disagrees to the fact and says they don’t understand the benefit plans they are given.

Table 1.32: Showing Satisfaction With Benefit Package

STRONGLY AGREED AGREED NEUTRAL DISAGREE STRONGLY DISAGREE TOTAL

58 12 11 6 13 100

Chart 1.20: Showing Satisfaction With Benefit Package

Interpretation:

58% of them are satisfied with their benefit package. 12% strongly agrees. Whereas little sample of 6% to 13% disagrees to the statement. Or they are not happy with their benefit package.11% is neutral to it.

Summary of Findings

‘ Most of the employee’s ability state the opinion firmly and positively is better than acceptable standards.

‘ Majority of the employee’s ability in exercising the professional duties without assistance is better than acceptable standard.

‘ The Emotional Stamina of the majority of the employees is better than acceptable standard.

‘ Majority of the Employee’s Ability to work co-operatively and collaboratively to achieve common goal is better than acceptable.

‘ Majority of the employees Ability to effectively guide a group through an appropriate process to help to achieve their desired outcomes is better than acceptable standard.

‘ Majority of the employee’s ability to clarify and establish with a group roles and responsibilities, common goal and plan to achieve them and group behavioural is outstanding.

‘ Majority of the employees Ability to deal with multiple issues and details, alertness and learning capacity is better than acceptable standard.

‘ Majority of the employee’s ability to see and think beyond the obvious and formulate original solution is better than acceptable standards.

‘ Majority of the employee’s ability to present ideas, concept, plan and procedure clearly to the target group is better than acceptable standard.

‘ Concern for excellence of the majority of the employee’s is better than acceptable standard.

‘ Majority of the employee’s Aware of what is going on in the workplace and responds in a suitable manner to situations as they is better than acceptable.

‘ The understanding between the top level and employees are in good terms.

‘ Employees do understand their benefits and opportunities given by the organisation.

‘ The employees are paid fairly according to the work done.

‘ Freedom of sharing new ideas and opinions are welcomed in the organisation.

‘ The employees are able to make a balance between personnel and work life. which reduces the amount of stress in them.

‘ The organisation encourages the employee to learn from their mistakes.

‘ Recommendations

‘ In this organization employee engagement study must be regularly done in order to check the level of employee effectiveness.

‘ Since many of the employees are performing different jobs to what they were doing at the time of their joining they need training to perform the new work allotted them.

‘ Different sources of employee engagement tactics must be encouraged in employees.

‘ The top management should support the lower level employees since it is considered a major hurdle in effective employee engagement and the employees must also be made aware of importance of engagement at work system

‘ The employees should be then and there motivated for work.

‘ The understanding between management and employees should be increased.

‘ Level of stress in work should be reduced.

‘ Better benefit package should be given to the employees.

Conclusion

In the report we have discussed the importance of employee engagement in an organization and how it affects the efficiency of work and productivity. Employment counselors should help individuals to maximize their career engagement at any stage of their career. Basically employee engagement should be a buzz word for the employee engagement and a positive attitude held by the employees towards the organization. Employee engagement is gaining its importance and popularity in work places and its impact in many ways. It emphasis on the importance of employee engagement in a organization, an organization should thus give more importance for its employees than any other variable as they are the powerful contributors to a company’s competitiveness. Thus it shows that employee engagement should be a continues process for learning, improvement, measurement and action of an employee.

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The limitations of the Chit Acts melbourne essay help

1.1 BACKGROUND OF THE STUDY

The financial system assumes strategically a very important role in channelling the funds from surplus units to deficit units. The financial system here refers to the group of institutions, markets and instruments which helps in formation of capital and thus accelerates to the pace of economic development.

The base of this study stems from the fact that there exists a gap between gross capital formation and gross domestic savings in India. So, there exists the need to augment the growth rate of voluntary domestic savings. This goal can be realized by widening and strengthening the working of different financial intermediaries which will result in mobilizing savings from various income level categories. .It is in this context that the role of the Non-Banking Financial Intermediaries like Chit Finance should be appreciated in supplementing the functions of the Banking Institutions.

Chit funds are Chit funds are the Indian equivalent of the Rotating Savings and Credit Associations (ROSCA). ROSCAs are famous in many parts of the world and is seen as an instrument to ‘save and borrow’ simultaneously. ROSCAs basically started as a way to help in fulfilling the needs of the low-income households as it enables the people to convert their small savings into lump sums. The concept of chit funds originated more than 1000 years ago. Initially it was in the form of an informal association of traders and households within communities, wherein the members contributed some money in return for an accumulated sum at the end of the tenure. Participation in Chit funds was mainly for the purpose of purchasing some property or, in other words, for ‘consumption’ purposes. However, in recent times, there have been tremendous alterations in the constitution and functioning of Chit funds. A significant difference between Chit Funds and ROSCAs are that in most places ROSCAs are user-owned and organized informally, but chit funds have been formally institutionalized in India. (Chit Funds-An innovative access to finance for low income households, 2009)

1.1.1 WHAT DO WE MEAN BY CHIT FUNDS?

Chit fund is a savings-cum-borrowing instrument. The basic aim of this instrument is to pool small amount of savings by all the members which is then managed by a foreman. The foreman has the responsibility to act as a trustee-cum-supervisors for the process of collection and allotment of the pooled amount.

Chit funds represent a traditional form of saving-cum-credit institution evolved before the bank system was introduced in rural India. There are many who avail themselves of this avenue for saving for a reasonable return.

1.1 NEED AND RATIONALE OF THE STUDY

Despite the growth of a wide range of savings avenues and the widespread network of banks and other financial institutions, it has been found that Chit scheme still forms an important part in the asset portfolio of many households and firms in India and especially in South India including Karnataka. Also, the review of literature shows that there are only a few studies on Chit Finance. Therefore, the need to conduct the study stems from the requirement to understand Chit Funds in Bangalore.

1.2 NEED TO CONDUCT THE STUDY

The research titled ‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’ The study estimates the net returns and interest rate on Chit funds. This study tries to point out the limitations of the Chit Acts and suggests feasible recommendations for improving the working of such institutions.

.3.2 STATEMENT OF THE PROBLEM

‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’.

VARIABLES UNDER INVESTIGATION

1. Age

2. Occupation

3. Monthly income

4. Gender

5. Bank loan

6. Regular participation in chit fund

7. Membership in multiple chit schemes

8. Cause for participating in multiple schemes

9. Preferred avenue of saving

10. Preferred source of finance

11. Safety

12. Better service

13. Flexibility

14. Timely Payment

15. Low commission

16. Personal contact

17. Unregistered chit funds membership

18. Cause for participating in unregistered chit funds

19. Cause for not participating in unregistered chit fund

3.5 OBJECTIVES OF THE STUDY

3.5.1 OBJECTIVE(PRIMARY)

1. To understand the behaviour and financial needs of the chit fund members.

2. To identify the important predictors behind chit fund participation

3.5.2 OHER OBJECTIVES OF RESEARCH

1. To estimate interest rates in registered chit funds.

2. To compare the relative ratings of Chit subscribers towards registered and unregistered chit funds on

3. To estimate the return on Chit Funds.

3.6 HYPOTHESIS

There are two types of statistical hypotheses.

1. Null hypothesis

2. Alternative hypothesis.

Hypothesis 1:

H0: There is no significant relation between gender and cause for participation in chit fund.

H1: There is significant relation between gender and cause for participation in chit fund.

Hypothesis 2:

H0: There is no significant relation between occupation and cause for participation in chit fund.

H1: There is significant relation between occupation and cause for participation in chit fund.

Hypothesis 3:

H0: There is no significant relation between age and causes for participation in chit fund

H1: There is significant relation between age and cause for participation in chit fund

Hypothesis 4:

H0: There is no significant relation between monthly income and cause for participation in chit fund

H1: There is significant relation between monthly income and cause for participation in chit fund

Hypothesis 5:

H0: There is no significant relation between gender and causes for bidding in chit fund

H1: There is significant relation between gender and cause for bidding in chit fund

Hypothesis 6:

H0: There is no significant relation between occupation and cause for bidding in chit fund

H1: There is significant relation between occupation and cause for bidding in chit fund

Hypothesis 7:

H0: There is no significant relation between age and cause for bidding in chit fund

H1: There is significant relation between age and cause for bidding in chit fund

Hypothesis 8:

H0: There is no significant relation between monthly income and cause for bidding in chit fund

H1: There is significant relation between monthly income and cause for bidding in chit fund

Hypothesis 9:

H0: There is no significant relation between gender and cause for saving in chit fund

H1: There is significant relation between gender and cause for saving in chit fund

Hypothesis 10:

H0: There is no significant relation between occupation and cause for saving in chit fund.

H1: There is significant relation between occupation and cause for saving in chit fund.

Hypothesis 11:

H0: There is no significant relation between age and cause for saving in chit fund

H1: There is significant relation between age and cause for saving in chit fund

Hypothesis 12:

H0: There is no significant relation between having bank loan and membership in multiple chit schemes.

H1: There is significant relation between having bank loan and membership in multiple chit schemes.

Hypothesis 13:

H0: There is no significant relation between monthly income and participation in unregistered chit funds

H1: There is significant relation between monthly income and participation in unregistered chit funds

Hypothesis 14 :

H0: There is no significant relation between causes to prefer chit fund over bank and having bank loan.

H1: There is significant relation between causes to prefer chit fund over bank and having bank loan.

Hypothesis 15:

H0: Presence of safety, flexibility, timely payment, low commission, better service, personal contact, having a bank loan are no significant predictors of regular participation in chit fund.

H1: Presence of safety, flexibility, timely payment, low commission, better service, personal contact ,having a bank loan,are significant predictors of regular participation in chit fund.

.

3.8 SAMPLING METHOD

Members of four registered chit fund companies in Bangalore. The four registered chit fund companies were selected due to the large size of their subscriber base.

3.8.3 SIZE OF SAMPLE

150 respondents

3.9 MECHANISM OF STUDY

3.9.1 PRIMARY RESEARCH

Questions relating to behaviour and financial pattern will be found out through questionnares

3.9.2 SECONDARY RESEARCH

‘ Reports on chit fund industry

OVERVIEW OF INDIAN CHIT FUND INDUSTRY

4.1.1 NUMBER OF REGISTERED CHIT FUND COMPANIES:

According to the Ministry of Corporate Affairs, as on 31st December, 2013:

Volume of registered chit companies: 5412

Volume of chit companies in Karnataka: 703

Number of chit fund companies in Bangalore: 315

UNREGISTERED CHIT FUND INDUSTRY

Although unregistered chits are an informal source of finance but still they are a significant part of the chit fund industry. Though they are more easily accessible as compared to registered chit funds.

4.3 PURPOSE OF THE STUDY

The study titled ‘A Study on Chit Funds in Bangalore to understand the behaviour and financial needs of the chit fund members as well as to identify the important predictors of regular participation in chit funds’ attempt in The study estimates the net returns and interest rate on Chit funds. This study also examines the limitations of the Chit Acts and suggests suitable recommendations for improving the functioning of such institutions.

4.4 LIMITATION OF STUDY

‘ Unwillingness of the members to share their income and financial details made the task of data collection somewhat difficult.

‘ Collecting data became difficult since I don’t know the regional languages.

5.2 ANALYSIS OF DATA

The analysis is done on the primary data collected from 150 chit funds members in Bangalore

TESTING OF HYPOTHESES

5.4.1 Hypothesis 1:

H0: There is no significant relation between gender and cause for participation in chit fund.

H1: There is significant relation between gender and cause for participation in chit fund.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 31.070a 16 .013

Likelihood Ratio 35.945 16 .003

Linear-by-Linear Association 8.809 1 .003

N of Valid Cases 150

a. 1 cells (10.0%) have expected count less than 5. The minimum expected count is .30.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .455 .013

Cramer’s V .228 .013

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The value of chi-square=31.070 was p=.013, less than 0.05.

We can see that the strength of association between the variables is moderate (Phi and Cramer’s V -0.455).

Therefore, the research hypothesis that differences in ’cause to participate in chit funds’ are related to differences in ‘age” is supported by this analysis. This means that different age groups of the chit fund members have different reasons of participating in chit funds. As can be seen from the table above that those who belong to ’36-45 years’ have saving as the predominant reason to participate whereas members of other age groups do not have any dominant reason to participate.

5.4.2 Hypothesis 2:

Hypothesis 2:

H0: There is no significant relation between occupation and cause for participation in chit fund.

H1: There is significant relation between occupation and cause for participation in chit fund.

Hypothesis 3:

. Hypothesis 3:

H0: There is no significant relation between age and causes for participation in chit fund

H1: There is significant relation between age and cause for participation in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 10.018a 4 .040

Likelihood Ratio 10.478 4 .033

Linear-by-Linear Association 6.876 1 .009

N of Valid Cases 150

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .258 .040

Cramer’s V .258 .040

N of Valid Cases 150

a. Not assuming the null hypothesis.

a. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The value of chi-square=10.018 was p=.040, less than 0.05.

.We can see that the strength of association between the variables is weak (0.258)

Therefore, the research hypothesis that differences in ’cause to participate in chit funds’ are related to differences in ‘gender” is supported by this analysis. This means that males and females have different reasons of participating in chit funds. As it can be seen that males participate in chit funds for business and personal consumption purposes apart from saving whereas women predominantly participate to save.

5.4

Hypothesis 4:

H0: There is no significant relation between monthly income and cause for participation in chit fund

H1: There is significant relation between monthly income and cause for participation in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 82.176a 12 .000

Likelihood Ratio 97.665 12 .000

Linear-by-Linear Association 15.696 1 .000

N of Valid Cases 150

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .740 .000

Cramer’s V .427 .000

N of Valid Cases 150

INTERPRETATION:

We can see that the strength of association between the variables is strong (0.740)

Therefore, the research hypothesis that differences in ‘reason to participate in chit funds’ are related to differences in ‘occupation” is supported by this analysis. It can be seen that the self-employed members mainly participate to avail for business reasons whereas salaried employee participate mainly for personal consumption purposes.

Hypothesis 5:

Hypothesis 5:

H0: There is no significant relation between gender and causes for bidding in chit fund

H1: There is significant relation between gender and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 66.691a 20 .000

Likelihood Ratio 43.579 20 .002

Linear-by-Linear Association 4.804 1 .028

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .07.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .667 .000

Cramer’s V .333 .000

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The (chi-square=66.691) was p=.000, less than 0.05.

We can see that the strength of association between the variables is moderately strong (0.667)

Therefore, the research hypothesis that differences in ’cause to bid in chit funds’ are related to differences in ‘age” is supported by this analysis. It can be seen that the members of age group’36-45 years’ are more interested in bidding for business related purposes where members of other age groups bid mainly for emergency needs.

5.4.6 Hypothesis 6:

. Hypothesis 6:

H0: There is no significant relation between occupation and cause for bidding in chit fund

H1: There is significant relation between occupation and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 7.167a 5 .209

Likelihood Ratio 7.885 5 .163

Linear-by-Linear Association 1.120 1 .290

N of Valid Cases 150

a. 5 cells (41.7%) have expected count less than 5. The minimum expected count is .81.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .219 .209

Cramer’s V .219 .209

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=7.167) was p=.209, more than the alpha level of significance of 0.05.

Therefore, the research hypothesis that differences in ‘reason to bid in chit funds’ are related to differences in ‘gender” is not supported by this analysis.

5.4.7 Hypothesis 7:

Hypothesis 7:

H0: There is no significant relation between age and cause for bidding in chit fund

H1: There is significant relation between age and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 180.915a 15 .000

Likelihood Ratio 160.460 15 .000

Linear-by-Linear Association 28.379 1 .000

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .13.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi 1.098 .000

Cramer’s V .634 .000

N of Valid Cases 150

INTERPRETATION:

The (chi-square=180.915) was p=.000, less than 0.05.

We can see that the strength of association between the variables is extremely strong (1.098)

Therefore, the research hypothesis that differences in’ are related to differences in ‘occupation” is supported by this analysis. It can be clearly seen that self-employed people bid in chit scheme mostly for business purposes, salaried people for emergency needs and housewives for household purposes.

5.4.8 Hypothesis 8:

Hypothesis 8:

H0: There is no significant relation between monthly income and cause for bidding in chit fund

H1: There is significant relation between monthly income and cause for bidding in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 123.331a 35 .000

Likelihood Ratio 106.298 35 .000

Linear-by-Linear Association 4.957 1 .026

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=123.331) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is extremely strong (.907)

Therefore, the research hypothesis that differences in ‘reason to bid in chit funds’ are related to differences in ‘income” is supported by this analysis. It can be clearly seen that low income members bid mostly for consumption reasons whereas higher income members bid for business related and emergency purposes.

SUMMARY:

Reason to bid in chit fund has the strongest association with the occupation of the chit fund members as the probability of the chi-square test statistic (chi-square=180.915) was p=.000 and the strength of association between the variables is extremely strong (1.098).

5.4.

Hypothesis 9:

H0: There is no significant relation between gender and cause for saving in chit fund

H1: There is significant relation between gender and cause for saving in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 21.702a 16 .153

Likelihood Ratio 23.775 16 .095

Linear-by-Linear Association 2.397 1 .122

N of Valid Cases 150

INTERPRETATION:

The chi-square=123.331) was p=.153, more than 0.05. Therefore, the research hypothesis that differences in ’cause to save in chit funds’ are related to differences in ‘age” is not supported by this analysis.

5.4.10 Hypothesis 10:

H0: There is no significant relation between occupation and cause for saving in chit fund.

H1: There is significant relation between occupation and cause for saving in chit fund.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 20.510a 4 .000

Likelihood Ratio 29.038 4 .000

Linear-by-Linear Association 7.062 1 .008

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .81.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .370 .000

Cramer’s V .370 .000

N of Valid Cases 150

a. Not assuming the null hypothesis.

b. Using the asymptotic standard error assuming the null hypothesis.

INTERPRETATION:

The chi-square=20.510) was p=.000, less than 0.05.

We can see that the strength of association between the variables is weak (.370).Therefore, the research hypothesis that differences in ’cause to save in chit funds’ are related to differences in ‘gender” is supported by this analysis.

5.4.11 Hypothesis 11:

Hypothesis 11:

H0: There is no significant relation between age and cause for saving in chit fund

H1: There is significant relation between age and cause for saving in chit fund

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 67.261a 12 .000

Likelihood Ratio 60.380 12 .000

Linear-by-Linear Association 9.507 1 .002

N of Valid Cases 150

a. 1 cell (10.0%) has expected count less than 5. The minimum expected count is .13.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .670 .000

Cramer’s V .387 .000

N of Valid Cases 150

INTERPRETATION:

The chi-square=67.261 was p=.000, less than 0.05.

We can see that the strength of association between the variables is moderately strong(.670).Therefore, the research hypothesis that differences in ‘reason to cause in chit funds’ are related to differences in ‘occupation” is supported by this analysis. Salaried people save their money in chit fund with no particular purpose. But self-employed people are equally interested in saving for house purchase as well as for general purpose.

SUMMARY:

chit fund is most closely associated with occupation of the chit fund members as it has the highest value of chi-square statistic and Phi coefficient.

5.4.12 Hypothesis 12:

Hypothesis 12:

H0: There is no significant relation between having bank loan and membership in multiple chit schemes.

H1: There is significant relation between having bank loan and membership in multiple chit schemes.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 56.697a 3 .000

Likelihood Ratio 67.900 3 .000

Linear-by-Linear Association 36.400 1 .000

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=56.697) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is strong (.615).

Therefore, the research hypothesis that differences in ‘membership in multiple chit schemes are related to differences in ‘having currently bank loan” is supported by this analysis. It is clearly evident that those members currently having bank loan have invested in only one chit scheme whereas those members who do not have availed bank loan have invested in more than one chit schemes.

5.4.13 Hypothesis 13:

Hypothesis 13:

H0: There is no significant relation between monthly income and participation in unregistered chit funds

H1: There is significant relation between monthly income and participation in unregistered chit funds

.

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 96.660a 7 .000

Likelihood Ratio 85.378 7 .000

Linear-by-Linear Association 59.577 1 .000

N of Valid Cases 150

a. 1 cell(10.0%) has expected count less than 5. The minimum expected count is 1.08.

INTERPRETATION:

The chi-square=96.660 was p=.000, less than 0.05.

We can see that the strength of association between the variables is extremely strong (.803).

Therefore, the research hypothesis that differences in ‘participation in unregistered chit funds’ are related to differences in ‘income” is supported by this analysis. It is clearly evident that mostly low- income members have participated in unregistered funds. This is because the registered funds have become expensive due to the increase in their operational cost as a result of stringent regulations.

5.2.14 Hypothesis 14 :

H0: There is no significant relation between causes to prefer chit fund over bank and having bank loan.

H1: There is significant relation between causes to prefer chit fund over bank and having bank loan

Chi-Square Tests

Value df Asymp. Sig. (2-sided)

Pearson Chi-Square 28.049a 5 .000

Likelihood Ratio 31.806 5 .000

Linear-by-Linear Association 2.967 1 .085

N of Valid Cases 150

a. 2 cells (15.0%) have expected count less than 5. The minimum expected count is 1.79.

Symmetric Measures

Value Approx. Sig.

Nominal by Nominal Phi .432 .000

Cramer’s V .432 .000

N of Valid Cases 150

INTERPRETATION:

The probability of the chi-square test statistic (chi-square=28.049) was p=.000, less than the alpha level of significance of 0.05.

We can see that the strength of association between the variables is moderate (.432).

Therefore, the research hypothesis that differences in ’cause to prefer chit fund over bank’ are related to differences in ‘having bank loan” is supported by this analysis. It is clearly evident that members who have bank loan have preferred chit fund over bank mainly due to better dividends. But those who do not have bank loan prefer chit fund over bank mainly due to better service in terms of more personalized service.)

5.2..15 Hypothesis 15: To identify significant predictors of regular participation in chit funds using Binary Logistic Regression

Hypothesis 15:

H0: Presence of safety, flexibility, timely payment, low commission, better service, personal contact, having a bank loan are no significant predictors of regular participation in chit fund.

H1: Presence of safety, flexibility, timely payment, low commission, better service, personal contact ,having a bank loan,are significant predictors of regular participation in chit fund.

Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 0 Constant -1.046 .186 31.574 1 .000 .351

Model Summary

Step -2 Log likelihood Cox & Snell R Square Nagelkerke R Square

1 37.170a .533 .576

a. Estimation terminated at iteration number 6 because parameter estimates changed by less than .001.

Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 1a bank_loan(1) 1.068 1.265 14.715 1 .000 11.720

reason_2 2.286 4 .683

reason_2(1) 1.336 1.077 1.540 1 .215 3.805

reason_2(2) .134 2.239 .004 1 .952 1.143

reason_2(3) -.559 1.896 .087 1 .768 .572

reason_2(4) .731 1.347 .294 1 .588 2.076

reason_3 4.874 5 .431

reason_3(1) 1.188 .924 1.652 1 .199 3.279

reason_3(2) 1.661 2.048 .658 1 .417 5.263

reason_3(3) -1.654 1.228 1.813 1 .178 .191

reason_3(4) .404 1.192 .115 1 .735 1.497

reason_3(5) -17.379 20.722 .000 1 .700 .000

reason_4 .355 4 .986

reason_4(1) -1.047 1.850 .320 1 .571 .351

reason_4(2) -.839 1.979 .180 1 .672 .432

reason_4(3) -.932 1.637 .324 1 .569 .394

reason_4(4) 3.519 4.199 .000 1 .600 3.746

reason_5 8.553 5 .128

reason_5(1) -.254 1.768 .021 1 .886 .776

reason_5(2) -19.245 9.890 .000 1 .999 .000

reason_5(3) 1.420 1.338 1.126 1 .289 4.136

reason_5(4) -.747 1.306 .327 1 .567 .474

reason_5(5) .561 1.342 .174 1 .676 1.752

B S.E. Wald df Sig. Exp(B)

Step 1a Safety -.075 .320 4.377 1 .011 0.928

Flexi -.178 .426 3.337 1 .021 0.837

commision -.185 .188 1.868 1 .026 0.831

payment -.267 .178 1.657 1 .097 0.766

service -.859 .412 1.348 1 .083 0.424

personal -1.122 .163 .996 1 .079 0.329

Constant 3.058 2.440 1.571 1 .010 21.291

a. Variable(s) entered on step 1: : bank_loan, reason_2, reason_3, reason_4, reason_5.imp1, imp2, imp3, imp4, imp5, imp6.

INTERPRETATION:

‘ -2 Log Likelihood statistic is 37.170. This statistic how poorly the model predicts the decisions — the smaller the statistic the better the model. Since, 37.170 is a relatively small number therefore, this model is able to predict the decisions in a better way.

‘ Here Cox & Snell R Square statistic indicates that 53.3% of the variation in the regular participation in chit funds is explained by the logistic model.

‘ In our case Nagelkerke R Square is 0.576, indicating a moderate relationship of 57.6 % between the predictors and the prediction.

‘ If it is less than .05 then, we will reject the null hypothesis and accept the alternative hypothesis.

‘ In this case, we can see that bank loan, safety, flexibility and low commission have contributed signi’cantly to the prediction of regular participation in chit funds but other variables are not significant predictors of regular participation in chit funds.

‘ Since only bank loan has p=.000, therefore we can say that bank loan is the most significant predictor

among other significant predictors. This is followed by safety (p=.011), flexibility (p=.021) and low commission (p=.026).

‘ Here, the EXP (B) bank loan is 11.727. Hence when bank loan is availed by one unit (one person) the odds ratio is 11 times as large and therefore people are 11 more times likely not to regularly participate in chit funds.

‘ Here, the EXP (B) with safety is .928. Hence when safety is increased by one percent the odds ratio is .928 times as large and therefore people are .928 more times likely to regularly participate in chit funds.

‘ Here, the EXP (B) flexibility is 837. Hence when flexibility is increased by one percent the odds ratio is .928 times as large and therefore people are .837 more times likely to regularly participate in chit funds.

‘ Here, the EXP (B) low commission is .831. Hence when flexibility is increased by one percent the odds ratio is .928 times as large and therefore people are .831 more times likely to regularly participate in chit funds.

SUMMARY

Bank loan is the most significant predictor of regular participation in chit funds. This is followed by safety, flexibility and low commission.

Instalment no No of months remaining Monthly subscription Prize amount PV of monthly subscription(PV of outlow at 10%) PV of Prize amount(PV of inflow at 10%) Net Present Value(PV of inflow – PV of outflow)

1 24 2000 50000 2000 50000 10444.9

2 23 1500 35000 1488.1 34723.1 -4832.0

3 22 1500 35000 1476.4 34448.4 -5106.7

4 21 1500 35000 1464.7 34175.9 -5379.2

5 20 1500 35000 1453.1 33905.5 -5649.6

6 19 1500 35000 1441.6 33637.3 -5917.8

7 18 1500 35000 1430.2 33371.2 -6183.9

8 17 1500 35000 1418.9 33107.2 -6447.9

9 16 1620 38000 1520.3 35660.6 -3894.5

10 15 1620 38000 1508.2 35378.5 -4176.6

11 14 1700 40000 1570.2 36945.9 -2609.2

12 13 1700 40000 1557.8 36653.6 -2901.5

13 12 1780 42000 1618.2 38181.8 -1373.3

14 11 1780 42000 1605.4 37879.8 -1675.3

15 10 1780 42000 1592.7 37580.1 -1975.0

16 9 1860 44000 1651.1 39058.2 -496.9

17 8 1860 44000 1638.0 38749.2 -805.9

18 7 1860 44000 1625.1 38442.6 -1112.5

19 6 1940 46000 1681.6 39872.1 317.0

20 5 1940 46000 1668.3 39556.6 1.5

21 4 1940 46000 1655.1 39243.7 -311.4

22 3 1940 46000 1642.0 38933.2 -621.8

23 2 1940 46000 1629.0 38625.2 -929.8

24 1 1940 46000 1616.1 38319.7 -1235.4

25 0 1940 46000 1603.3 38016.5 -1538.6

39555.1 934465.9 -54411.4

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Merit goods my essay help uk

Merit goods are goods which will be under-provided by the market, therefore they will be under-consumed. They are thought by the governments to be good for the populations and so the governments want them to be consumed to a great extent. They increase the private and social benefits and cause the social benefit be higher than the private one. The best examples of them, apart from all the public goods, can be the education, health care, sports facilities and the opera.

Although the majority of the merit goods is provided by the private sectors, not all the people can afford buying them, therefore they will be under-consumed. That is why the government is needed to destroy the market failure increasing the supply and consequently raising the consumption.

To explain the reasons for government to provide the merit goods, I need to apply some examples of them. The first one can be the education. It is significant for the governments to provide it so that the society would be well-educated. Governments determine the period of education required for people (the compulsory education) to maintain the proper level of education of the society. The governments find education an important aspect that should be available for everyone as it cause the whole country to have better both economic growth and economic development.

Considering another example such as health care, the situation is quite similar. The governments want to provide the population with it because they care about the high states of health of society in their country. To gain these, the countries need to have high quality of health care. Governments often offer people unpaid programs consisting of preventative medical examination which contribute to maintain the high number of healthy people. This is also connected with the problems of the labour market. The healthier people are, the more efficient their work is, the greater revenue firms have and countries are more developed because of taxations.

Other examples like sport facilities or the opera are meant for people to become physically and culturally developed but their availability is not as important as in the case of the previous examples. That is why they are not as much provided by the governments as the rest of the merit goods.

Although most of the merit goods provided by the governments are free, the fact is that they are paid through the taxes that the societies pay. The number of the merit goods of particular types that the governments provide or subsidize depends on the necessity of them. If they are provided, the societies’ benefits get higher and so is the public treasury of the countries.

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Research proposal: The effect of pregnancy on the adolescent pregnant teen & father personal essay help

Abstract: The purpose for this research paper is to address the adolescent pregnant teen & father and the effects a pregnancy has on both of their lives during and after her pregnancy. How the teens need the support of the family, community, church, and the school system. I will also address the teen father mostly disregarded in any aspect of the teen’s pregnancy and how this affects him, and how both teens need support in our society. How we can address the social problem of teen pregnancy from all avenues.

‘Three issues that have an impact on the pregnant adolescent are discussed education, identity development, and maternal support’ (Turnage & Pharris, 2013). My research focuses on adolescent pregnant teen women 19 years old and younger. It will also reflect the problems of the teen pregnant adolescents journeying thru the process of becoming a teen mother, finishing high school, developing her own identity and the maternal support she gets from her mother during her transition from pregnant teen to motherhood.

‘Several issues that differently influence the pregnant teen is individually based on the female’s chronological age’ (Turnage & Pharris, 2013). ‘For the pregnant adolescent, her pregnancy supersedes high school graduation as the benchmark for her being viewed as an adult’ (Turnage & Pharris, 2013). ‘Failure to graduate high school is associated with poor social and educational outcomes for teen mothers and their children’ (Turnage & Pharris, 2013).

‘While the pregnant adolescent is defining who she is as a person she experiences a transition to the new identity of mother’ (Turnage & Pharris, 2013). ‘During her pregnancy the adolescent’s mother is seen as the primary source of support that contributes to a positive self-image and can assist her in the adapting to the role of parent’ (Turnage & Pharris, 2013).

My research paper will also show how important it is to support the teen during and after pregnancy. It addresses the need for the teen mothers to finish high school, and find her identity. How important it is to have the support system of her mother and family to achieve all of these things. Without these support systems, the pregnant adolescent could end up in poverty, no social skills, homeless and a host of other social problems for her and her baby.

Addressed and examined is teen motherhood and its long-term mental and physical health of the teen mother’ (Patel & Sen, 2012). They used a (PCS) health survey known as SF-12 NLSY79 a study that compared two major comparisons groups of which only teens who experienced teen pregnancy and girls who did not experience teen pregnancy. On average the survey for teen mothers was on average 50.89.

The study to access the health outcome of ‘two major comparison groups, which consisted of women who were only experienced teen pregnancy & women who were having unprotected sexual relation as a teen but did not become pregnant ‘ (Patel & Sen, 2012). Estimated is that teen mothers are more likely to have poor health later in life in the study of all the comparison groups.

Along with support, they desperately need help taking care of an infant as a teen; they need a support system to take notice of how they are managing their health & well-being so that they can be a successful teen parent. In addition, being a teen parent can affect the mother’s mentally as the pressure of being new teen mom can be stressful.

The teen mothers who marry after they give birth to their children statistics state that 30 % of them will not remain in their marriages into their 40’s. This result comes from teen adolescents in a single parent home raising their child. This can put a strain on the teen adolescent because she will financially have to seek support from her family or enter into the welfare system and suffer mental health issues.

‘Adolescent teen mothers identify social support with, parenting and emotional support primary emanating from family members, particularly their own mothers, as well as from the father of the baby (Savio Beers & Lee, 2009)’. ‘Older sisters may play an important role in the support network for adolescent mothers, the supportive sister relationships decrease depressive and anxiety-related symptoms in adolescent mothers (Savio Beers & Lee, 2009).

‘For some adolescent parents, participation in a religious community programs may provide the significant social support and serve as a protective factor’ (Savio Beers & Lee, 2009). This directly stresses the point that without the support of family, community, and church with the support of the father the adolescent teen mother can suffer mental issues, poverty issues, and marriage problems.

We addressed the many issues that teen mothers have to face, so now I would like to address the teen father in our society. What are their concerns on becoming a teen father, and how do they view their role as father where their masculinity is concerned? While most of the research done on teen pregnancy and parenting mainly focusing on the mother, the father is invisible.

Interviewed were 26 young teen fathers in the mid-western American towns. The in depth survey of three themes of gender discord focused on teen father narratives, which took on responsibility, sex, being a man, this is the direct viewpoint of the invisible teen father. What they feel about getting a teen girl pregnant and what responsibility they take in the pregnancy if any. How they relate to getting a teen pregnant and how that affects his identity as a man and their masculinity.

‘Gendered assumptions regarding pregnancy and contraception’specifically that women are in charge of preventing pregnancy and they have the belief that male sexuality is uncontrollable; and that use of love and intimacy talk (Weber, J. B., 2013). The teen fathers that took the questionnaire did not blame themselves for getting the teen girl pregnant. They see the teen’s pregnancy as her problem.

Studies suggest that teen fathers are more likely to be of a minority race. He has a mother who had a baby as a teen; his parents have a minimal education. His parents do not have high expectations of him finishing school; all of these factors result in the likelihood that makes him a candidate to becoming a teenage father. ‘The research states that the teen fathers go to school fewer years less than non-teenage fathers (Fletcher & Wolfe, 2011).

‘Evidence shows that men who have children before marriage leave school earlier and have worse labor markets outcomes’ (Fletcher & Wolfe, 2011). ‘Data was used only on young men who reported a pregnancy as an adolescent’ (Fletcher & Wolfe, 2011). It affects his completion of high school.

It also affects his ability to take care of the teen mother & baby, which causes him to drop out of school early. Statistically, ‘teen fathers work more hours and earn more money following the birth of a child then his non-parent counterparts’ (Fletcher & Wolfe, 2011). Teen fatherhood results in the teen father getting married early or co-habitation with the teen mother.

In conclusion, teen pregnancy is a social problem in the United States both teens will have to suffer in their education, grow up before their time, take on adult responsibilities, and suffer financial problems to take care of the child. Which ultimately falls on the parents of the teens, society or the welfare system in which the teen mother becomes a social statistic or shall I say a number.

Teen pregnancy as of 2014 have been on the decline in the United States and increased in other states, however a positive support system for both teens is minimal at best. Socially as communities, churches and government we have to take an active role in education of abstaining from sex, talking to the teens about sex, and protecting themselves against pregnancy.

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Reconnaissance attacks in IPv6 networks online essay help

2.1.1 Reconnaissance attacks in IPv6 networks

The 1st larger attack in IPv6 is usually a reconnaissance attack. An attacker try reconnaissance attacks to get some confidential information about the victim network that can be misused by the attacker in further attacks. For this he uses active methods, such as scanning techniques or data mining strategies. To start, an intruder begins to ping the victim network to determine the IP addresses currently used in the victim network. After getting some of the accessible system, he starts to scan the port to find out any open port in the desired system. The size of subnet is bigger than that of the in IPv4 networks. To perform a scan for the whole subnet an attacker should make 264 probes and that???s impossible. With this fact, IPv6 networks are much more resistant to reconnaissance attacks than IPv4 networks. Unfortunately, there are some addresses which are multicast address in IPv6 networks that help an intruder to identify and attack some resources in the target network.

2.1.2 Security threats related to IPv6 routing headers

As per IPv6 protocol specification, all of the IPv6 nodes must be able to process routing headers. In fact, routing headers can be used to avoid access controls based on destination addresses. Such action can cause security effects. It may be happen that an attacker sends a packet to a publicly accessible address with a routing header containing a ???forbidden??? address on the victim network. In such matter the publicly accessible host will forward the packet to the destination address stated in the routing header even though that destination is already filtered before as a forbidden address. By spoofing packet source addresses an intruder can easily perform denial of service attack with use of any publicly accessible host for redirecting attack packets.

2.1.3 Fragmentation related security threats

As per IPv6 protocol specification, packet fragmentation by the intermediate nodes is not permitted. Since in IPv6 network based on ICMPv6 messages, the usage of the path MTU discovery method is a duty, packet fragmentation is only allowed at the source node.1280 octets is the minimal size of the MTU for IPv6 network. The packets with size less than 1280 octets to be discarded unless it???s the last packet in the flow as per security reasons. With use of fragmentation, an attacker can get that port numbers not found in the first fragment and thus they bypass security monitoring devices expecting to find transport layer protocol data in the very first fragment. An attacker will send a huge amount of small fragments and create an overload of reconstruction buffers on the victim system which resulted to the system crash. To prevent system from such attacks it???s necessary to bound the total number of fragments and their permissible arrival rate.

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WMBA 6000-13 Topic: Course Evaluation college essay help nyc

WMBA 6000-13

Topic: Course Evaluation

Date: March 2, 2014

Based on the assigned readings for this course (Dynamic Leadership), I have read an enormous amount of information about the different categories of leaders and leadership styles. Today’s leaders are different from the leaders of twenty to fifty years ago. In the past leaders gave commands and they controlled the actions of others. Today leaders are willing to involve others in their decision making and they are more open to new possibilities.

A good leader has a vision for their organization and they know how to align and engage employees in order to promote collaboration. The successful leader knows how to lead by using superior values, principles and goals that fit the organization’s values, principles and goals. Also these leaders know that leadership is not made from authority, it’s made from trust and followership. Coleman, J., Gulati, & Segovia, W.O. (2012)

I am impressed most by the characteristics of the authentic leader because they know how to develop themselves; they use formal and informal support networks to get honest feedback in order to drive long-term results. Authentic leaders build support teams to help them stay on course and counsel them in times of uncertainty. George, B., Sims, P., Mclean, A.N. & Mayer D. (2007)

In addition, I found the Leadership Code to be important because it provides structure and guidance and helps one to be a better leader by not emphasizing one element of leadership over another. Some focus on the importance of vision for the future; others on executing in the present; others on personal charisma and character; others on engaging people’; and others on building long-term organization. The code represents about 60 to 70 percent of what makes an effective leader. Ulrich, D., Smallwood, N., Sweetman, K. (2008)

The information that I acquired from this course will help me to pursue the goal of owning a beauty supply business. Another goal that I can add to my action plan is to include not only wigs and welted hair, but I will add hair, skin and nail products to my inventory. A future goal will be to add handbags and accessories as well.

After completing my short-term goal of finishing my MBA, I can take the knowledge from this course along with my values, ethics and principles to help me to manage employees and operate a successful business. Annie Smith (March 2, 20

Coleman, J. G. (2012). Educating young leaders. Passion and Purpose , 197-202.

George, B. S. (2007). Discovering your authentic leadership. Harvard Business Review , 129-138.

Lyons, R. (2012). Dean of Haas of School of Business University of California, Berkely. It’s made from followership. (J. G. Cole, Interviewer) Coleman, J., Gulati, D., & Segovia, W.O.

Ulrich, D. S. (2008). Five rules of leadership. In The leadership code five rules to lead by. Defining Leadership Code , 1-24.

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Family presence during CPR (cardiopulmonary resuscitation) cheap mba definition essay help

In a pre-hospital setting, there are few moments that are as intense as the events that take place when trying to save a life. Family presence during these resuscitation efforts has become an important and controversial issue in health care settings. Family presence during cardiopulmonary resuscitation (CPR) is a relatively new issue in healthcare. Before the advent of modern medicine, family members were often present at the deathbed of their loved ones. A dying person’s last moments were most often controlled by his or her family in the home rather than by medical personnel (Trueman, History of Medicine). Today, families are demanding permission to witness resuscitation events. Members of the emergency medical services are split on this issue, noting benefits but also potentially negative consequences to family presence during resuscitation efforts.

A new study has found that family members who observed resuscitation efforts were significantly less likely to experience symptoms of post-traumatic stress, anxiety and depression than family members that did not. The results, published in an online article in The New England Journal of Medicine, entitled ‘Family Presence during Cardiopulmonary Resuscitation,’ were the same regardless of the survival of the patient. The study involved 570 people in France whose family members were treated by emergency medical personnel at home. These EMS teams were unique in that they were comprised of a physician, a nurse trained in emergency medicine, and two emergency medical technicians. The study found that the presence of relatives did not affect the results of CPR, nor did it increase the stress levels of the emergency medical teams. Having family present also did not result in any legal claims after the incidents occured. While the unique limitations of the study warrant consideration, the results show a definite benefit in having families stay during CPR (Jabre Family Presence).

Historically, although parents of children have been allowed to be present for various reasons, relatives of adult patients have not. As medical practices change to increasingly involve family in the care of patients, growing numbers of emergency medical practitioners say that giving relatives the option of watching CPR can be a good idea. Several national organizations, including The American Heart Association, have revised their policies to call for giving family members the option of being present during CPR (AHA Guidelines for CPR). Witnessing CPR, say some emergency medical experts and family members, can take the mystery out of what could be a potentially terrifying experience. It can provide reassurance to family members that everything is being done to save their loved ones. It also can offer closure for relatives wanting to be with their family members until the last minute (Kirkland Lasting Benefit). Another benefit is that it shows people why reviving someone in cardiac arrest is much less likely than people assume from watching it being done on television (Ledermann Family Presence During). Family members who can truly understand what it means to ‘do everything possible’ can go on to make more informed decisions about end-of-life care for themselves or their families.

There are three perspectives on this issue- that of the emergency medical personnel providing care, the family, and the patients. The resistance on the part of the medical community to family presence during CPR stems from several different concerns. The most common concern among these is that family members, when faced with overwhelming fear, stress and grief, could disrupt or delay active CPR. Another concern raised by emergency medical personnel is that the realities of CPR may simply be too traumatic for loved ones, causing them to suffer more than they potentially would have if they had never witnessed the event. Some families share this view, citing the potential for extreme distress as a main reason for not wanting to witness resuscitation (Grice Study examining attitudes). Many emergency medical personnel also fear an increased risk of liability and litigation with family members present in the room (Fullbrook the Presence of Family). The worry is that errors can occur, inappropriate comments may be made, and the actions of the personnel involved may be misinterpreted. In an already tense situation, the awareness of the family could increase the anxiety of the personnel and create a greater potential for mistakes.

Another complication that arises from having families present during resuscitation attempts is that of patient confidentiality. The patient’s right to privacy should not be circumvented with implied consent. There is always the possibility that medical information previously unknown to the family may be revealed in the chaos of resuscitation. In addition, patient dignity, whether physical or otherwise, may become compromised (Fullbrook the Presence of Family). Beyond moral considerations, legal concerns regarding revealing patient information are real. This could become an even larger issue if there is no one available to screen witnesses, which could result in unrelated people gaining access to personal information. Eventually, a breach in confidentiality can lead to a breach in the confidence that the public has gained in pre-hospital emergency care.

Family presence during CPR in a pre-hospital setting remains a highly debatable topic. This could be largely due to the fact that the needs of the emergency medical providers and the rights of the patients can be at odds with the wishes of the family members. Although there are several possible reasons why family presence is not being welcomed into daily practice, one of the major reasons could be the lack of formal written policies that define the roles of families and providers placed into this situation. Bringing family members into a situation where CPR is being performed on a loved one should not happen haphazardly. It should happen with careful concern and support for everyone involved. Policies and protocols, defined by experienced personnel, can provide legal and emotional support. They can also potentially help ease anxiety by defining expectations and placing responsibility in the hands of people who are experienced enough to know how to handle the situation appropriately. The policies and protocols should address the basic needs of all people involved. Five basic needs should be addressed:

1. The number of people allowed to be present

2. Which relatives should be allowed to be present (age, relationship, etc.)

3. The role of the family members present and what is expected of them.

4. The place where the family should remain during the duration of CPR.

5. The formal wishes of the patient- written as a directive like a living will.

An important component of this is available, trained staff that can prepare the family members for what they will witness, support them through the event, and then direct them after the event’s conclusion.

The American Heart Association states that the goals of cardiopulmonary resuscitation are, ‘to preserve life, restore health, relieve suffering, limit disability, and respect the individual’s decisions rights and privacy’ (AHA Guidelines for CPR). The practice of offering family members the opportunity to be present during CPR is a controversial ethical issue in emergency medical services. While the results of the study published on this topic in The New England Journal of Medicine clearly show no negative side effects from having families present during resuscitation attempts, the limitations of the study lend to the need for more research before it could be universally accepted.

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Respondeat Superior global history essay help

Legal claims that derive from a situation where there are claims of negligence can sometimes involve an entity other than the neglectful parties. In certain circumstances employers are fully responsible for their employees, and the tasks they perform during working hours. During the course of this paper, the doctrine of respondeat superior will be defined and explained. Two case studies in which the doctrine was applied will also be analyzed to determine if it was applied correctly.

Respondeat superior is a legal theory that holds employers responsible for any negligent or harmful act performed by an employee during the commission of their employment duties (Thornton, 2010). The Maryland Supreme Court in 1951 was the first court to utilize respondeat superior in a court case involving a question of employer liability (Burns, 2011). This doctrine is important as it holds employers liable in court cases where one of its employees does harm to an individual. Vicarious liability and indirect liability are two base concepts that make-up respondeat superior (Thornton, 2010). Respondeat superior shows that the employer did not have to be responsible for the employee???s negligent behavior, in the form of improper training or instruction to perform harmful acts, in order for the employer to be held legally responsible.

In the case of Valle v. City of Houston, the police force was sued for excessive force and an illegal search in an attempt to remove an individual from his parent???s home (Nicholl & Kelly, 2012). The situation stemmed from a man, Omar Esparza, barricading himself in his parent???s home and refusing to come out (p. 285). After a long police standoff, the SWAT team was ordered to forcefully enter the home and remove Mr. Esparza (p. 285). The SWAT team utilized taser gun and bean bag ammunition in an attempt to subdue Mr. Esparza after they felt he posed a physical threat by wielding a hammer, but as those attempts failed the suspect was fatally wounded when an officer fired his weapon (p. 286). Shortly after the incident the mother was allowed into the home, and she reported no visible evidence that her son was possession of a hammer (p. 286). The court found that the city was not liable for damages under the theory of respondeat superior, because the order to remove the individual from the home was not made by an individual deemed as a decision-maker by the city (p. 286).

From the outside, this case seems to fit the theory of respondeat superior. As the employer, the city should be held responsible for the actions of its employees. The police, serving as the city???s employees acted in a manner that was unnecessary for the situation and in conflict of their training (p. 286). However, the court sided with the City of Houston because the chain of command was not followed in regards to the use of force (p. 286). The end result is a case where an individual made a decision that was not his to make; that ultimately cost a man his life.

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