Interest Rates and Other Critical Determinants of...

Interest Rates and Other Critical Determinants of Investment Spending in Bangladesh Background Investment, which is a spending devoted to enhancing or maintaining the existing stock of capital in the economy provides goods and services necessary for better standard of living. Moreover, it has greater importance as a policy tool. Policymakers often try to achieve target growth in GDP by influencing the level of investment. They do so by undertaking policies that influence the rate of interests. The underlying assumption is that investment is negatively related with the rate of investment. Historically, economic theories have suggested negative relationship between investment and interest rates. Changes in either nominal or real†¦show more content†¦To investigate the impact of interest rates on investment spending, we use a simple regression function for the two variables but add several slightly different variables. The starting point of model formulation is; I= f (LR, SR, S, Y, ER)Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â… (1) Where, I = Investment LR = Interest rate on loans SR = Interest rate on savings S = Gross Domestic Savings Y = GDP ER = Exchange rate Investment is not a function of interest rate alone. Factors like income, savings, and saving rate along with lending rate are important issues in setting the level of investment. That is why we need to incorporate all of them in the regression function and test the marginal impact of each of them on investment. Accordingly, the estimating equation used in this study is; where, the term e is the stochastic error term that captures the impact of all other variables not included in the model. Model Validation The coefficient , which gives the change in investment due to one unit change in lending rate is expected to be negative. Other slope coefficients ( are expected to have positive values since their associated variables, interest on savings, savings, and income respectively should influence investment positively. The coefficient can take positive or negative values depending on how a rising trend in exchange rates influence the level of domestic saving. The expected impact is determined by theShow MoreRelatedAn assignment on critical analysis of FDI policy and Import Export policy In Bangladesh5993 Words   |  24 PagesAn assignment on critical analysis of FDI policy and ImportExport policy In Bangladesh MGT-405: International Business Submitted to: Mohammad Shariat Ullah Assistant Professor Department of Management University of Dhaka Submitted by: Tapash Chandra Paul Roll: 35 Section: A; Batch: 17th Department of Management University of Dhaka Submission Date: March 23, 2014 Table of Contents Pages No (A) Foreign Direct Investment in Bangladesh 1.0 Introduction 1.1 FDI and its Concepts 1.2 Importance ofRead MoreEffect of Interest Rate on Foreign Exchange Rate5776 Words   |  24 PagesEFFECT OF INTEREST RATE ON FOREIGHN EXCHANGE RATE (EVIDENCE FROM ASIAN REGION) ABSTRACT: In this article we investigate the impact of a change in U.S. short term interest rates relative to those in some Asian countries like Bangladesh, Thailand, Japan, Pakistan, and China on the bilateral foreign exchange rates between the U.S dollar and each country’s currency. 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Sanctions, Perceptions, And Crime - 852 Words

SANCTIONS, PERCEPTIONS, AND CRIME HOW MUCH DO WE REALLY KNOW ABOUT CRIMINAL DETERRENCE According to the journal article, How Much Do We Really Know about Criminal Deterrence? The concept of deterrence is simple: â€Å"it is the omission of a criminal act because of the fear of sanctions or punishments. Deterrence is an important foundation of the criminal justice system. Law enforcement is there to apprehend those that break the law, and to convince the public that there is a risk of apprehension and punishment if they commit a crime.† â€Å"Laws provide a host of different sanctions for the commission of offenses such as: fines, probation, imprisonment, mandatory minimum sentences, the (three strikes) law, and others are all enacted with the expatiation that sanction threats can deter crime is at the heart of the criminal Justice system.† According to the journal article How Much Do We Really Know about Criminal Deterrence? â€Å"There is an abundance of research about specific police, judicial, and correctional policies, as well as a more gener al theoretical work about deterrence mechanism, with the evidence to date, it is still flimsy.† Researchers hope to isolate and measure a deterrent effect precisely, because a great many things must happen before deterrence can occur. Studies reviewed by the researchers in the article Sanctions, Perceptions, and Crime, â€Å"(1) the relationship between objective sanctions, sanction enforcement, and risk perceptions. This researchShow MoreRelatedSanctions, Perceptions, And Crime : Implications From Criminal Deterrence802 Words   |  4 PagesSANCTIONS, PERCEPTIONS, AND CRIME: IMPLICATIONS FROM CRIMINAL DETERRENCE According to the journal article, the concept of deterrence is simple; it is the omission of a criminal act because of the fear of sanctions or punishments. Deterrence is an important foundation of the criminal justice system. Law enforcement is there to apprehend those that break the law, and to convince the public that there is a risk of apprehension and punishment if they commit a crime. Laws provide a host of differentRead MoreGeneral Deterrence And Its Effect On Society1503 Words   |  7 Pagesstop others and deter them from committing crimes and prevents others form even thinking to commit the crime. 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There really are young boys like Kenard that exist on the streets of American cities—falling into the easy and familiarRead MoreCapital Punishment And The Death Penalty Essay1740 Words   |  7 PagesCapital punishment also known as the â€Å"death penalty† is one of the many sanctions used for violent criminal whom are convicted of heinous crimes. It is a government sanction in whic h criminals are put to death by the state government. There’s an on-going debate regarding the pros and cons of the death penalty. There are some individuals whom support the penalty and also a large number of individuals whom are totally against the death penalty. There is no clear decision whether the death penalty is

Management and Business Context of Bunnings Warehouse †Free Samples

Question: Discuss about the Management and Business Context of Bunnings Warehouse. Answer: Introduction Bunnings Warehouse was founded in the year 1887 as a limited company but later on changed to a public company in the year 1952. Its headquarters are located in Hawthorn East, Victoria. Bunnings Warehouse is the leading Australian company in the sale of hardware chain; home improvements and the general living products. Bunnings is committed and specialized in offering innovatively created kitchen designs and the splashbacks that are unique in the industry. The company also helps housing project builder customers in color consultancy, building doors, accumulating of BBQ, air conditioning of the buildings and installations of the hot water systems. This organization has two main housing brands; the Ozito power tools and the Click electrical fittings and accessories. The company has grown widely in this business and is currently serving millions of customers in the world and has remained leading in sits market areas (Bunnings, 2017). Definition of key terms Governance Governance defines the established rules, policies, processes and systems through which a given company is directed and controlled. Corporate governance is composed of both the internal and the external factors. The internal factors include the organizational policies, the constitution among others which work together with external factors such as the laws, regulations, and community expectations among others. Corporate governance is a critical concept in business since it helps to establish how these enterprises are lead (Clarke, 2007). Innovation and Entrepreneurship Innovation refers coming up with new ways of doing things through continuous improvement of the existing process, the products or service offered. On the other hand, entrepreneurship usually refers to the organization's ability to manage and organize a new business venture and its willingness to handle the associated these risks related to the investment. Most factors in the business environment are not static, but they are always changing (Lichtenthaler, 2011, pp.138-139). Therefore, adoption of innovation and entrepreneurship is a vital change driver for every business. Knowledge Management Knowledge management refers to the process through which organizations create, use or manage knowledge and information. It explains how organizations can make the best use of knowledge to achieve their objectives. Knowledge management targets to facilitate a smooth transition from those retiring to those succeeding, targets to avoid loss of corporate memory at some point and identify resources and knowledge that is necessary for the organization. Besides, the concept helps the organization to build up and empower others who become the intellectual capital of the organization (Booker et al., 2008). This is, therefore, important for the team since it facilitates business continuity and the overall achievement of company's objectives. Innovation and Entrepreneurship at Bunnings Innovation models can be defined in different ways depending on their nature (Oke, 2007, pp. 564-587). Change is essential for growth and sustainability of Bunnings. The company has made efforts to improve and promote innovation and entrepreneurship. Innovation and entrepreneurship have a direct impact on the business since sustaining innovation increase the organization's sustainability. Through innovation and entrepreneurship, Bunnings has managed to deliver value and quality to its stakeholders. The company has, therefore, managed not only to improve the brand quality but also to extend the brand reach to its customers. Bunnings has increased the number of stores, came with programs that are customer oriented thus increasing the product value to them. Some of these plans of Bunnings include FlyBuys loyalty programs and also the PowerPass offers. These are some of the creative programs that this company has created through creativity and innovation to increase customer value. Innovative branding of Bunning's products and an increase in the number of stores has ensured that the brand reaches most of its customers (Chessum, 2017). Also, the company has managed to adopt technological innovation and accepted to handle the possible risks that may arise out of this. Implementation of the innovation ideas is associated with many risks. An entrepreneurial company, therefore, needs to accept these risks and work out on how to manage them. Bunnings Warehouse has established an online store which has facilitated convenience and easy reach to customers. Online sales have extended the company channel to reach more consumers. This use of technology has targeted particular customer segment and thus increased the market for products and services of Bunnings. Besides, Bunnings Warehouse has demonstrated its support of innovation through the use of technology by assigning dedicated technological expertise to handle technological innovations. This among others describes the commitment of Bunnings for innovation (Neilan, 2016). Innovation and Entrepreneurship have been the key value for the business longevity of Bunnings. It ensures the continuity of the firm despite the change in the business environment thus sustaining the business life of this company. Innovation should be continuous, and therefore there is a need for Bunnings implement the strategy that supports innovation in all ages. Failure to design strategies that ensure change sustainability can cause an end to an innovative culture at some point. It is also evident that innovation and entrepreneurship contribute to the business profitability and the general business growth. Bunnings is, therefore, able to benefit from the value derived out of these new ways of doing things and thus get financial gains out of innovation (Enkel, et al., 2009, pp.311-316). Also, Bunnings Warehouse may face challenges during innovation and entrepreneurship implementation. The primary challenge in the endeavor is usually the failure to align the implementation strategies with the business operation correctly. Approaches taken to achieve innovation in an organization must be in alignment with the company process else the business will face resistance in its course. Also, Bunnings should establish a risk management system to handle or mitigate the potential hazards that may arise out of this course. This can be attained through implementation of the system that identifies risks, perform risk examination and analyses, solve the risk and finally monitor and evaluate the possible risks that may happen again. Risk management system increases the company's entrepreneurial spirit or its willingness to support innovation (Midgley, 2010). Domestic contextual factors Impacting Bunnings Warehouse Political Instability The operations of every company depend on the political state of the country of exploitation. If the political condition of the country is stable, there is a likelihood of the company to thrive well, but when there is political instability, the organization's business operation is affected in many ways, hindering innovation and entrepreneurship, leading to low productivity and the general profitability of the business enterprise. The government regulations Different countries have different policies and regulations that may affect the business in various ways. Some state policies may restrict the general operation of the company and make it difficult to carry out some activities. Bunnings success can be partly attributed to the better government policies in the countries of its operation since most of its operations such as innovation are legalized, and the company has not had restrictions from the policies (Anders, 2017). Infrastructure Locally, infrastructure has an enormous impact on the organization's productivity and the general profitability. Basic infrastructural elements such as transport and telecommunication substantially affect the general well-being of the company thus lowering their profitability. Poor transport affects the movement of people and goods from destination to another while poor telecommunication system affects the information sharing among different people. International contextual factors impacting Bunnings Warehouse The Economic factors The Economic state of the world has the effect on the operation the company. The economic situation of the world is determined by many aspects like inflation, the labor conditions, and cost of production among many others. Companies make more profit when the economic state is good, but their profit is lowered when the economic state is bad. Companies need to come up with the strategies to apply during the hard economic state. Bunnings has managed to survive through bad economic states by its incorporation of the innovation and entrepreneurship culture. Cultural factors The operations of the company are significantly affected by the culture in the environment of operation. Different cultures have different effects on business. The beliefs of the people have the influence on what they consume and thus the specific products which they buy. It is, therefore, important for Bunnings to understand the cultural state of people in which it runs its business so that it can deliver the best for them that meets their cultural demands (James Szeman, 2010). Legal factors Legal factors have a great impact on business since the company must adhere to the established legal system. This includes tax laws, ownership rights, the business registration process and rewarding systems among many others. At times there are some established laws which are discriminative, and this impacts the business operation to a large extend. Bunnings should use innovation and technology to analyze, understand various legal systems and then come up with strategies to handle various legal issues. Conclusion In conclusion, innovation and entrepreneurship are critical to every business organization. Companies should put in place policies that control, promote and sustain innovation since it is the driver to sales. The best way of embracing change is through incorporation into the organizational culture. Companies that embrace innovation and entrepreneurship enjoy many advantages that increase their productivity and give them a competitive advantage. Making use of the latest technology is also the best for businesses to take since it helps them get reach to many customers and of various segments. Also, it is important for Bunnings to understand the various domestic and international contextual factors that can affect its business operation. References Anders Kjellberg (2017)."Self-regulation versus State Regulation in Swedish Industrial Relations." pp. 357-383 Booker L., Bontis N., and Serenko A. (2008). "The relevance of knowledge management and intellectual capital research." Knowledge and Process Management.15(4): 235246 Bunnings (2017).Retrieved from https://www.bunnings.com.au Chessum, Victoria (2017)."Bunnings Warehouse chain to replace former BQ site in Folkestone." Retrieved from Kentonline.co.uk. Christensen, C.M., Raynor, M.E. McDonald, R. (2015). What is Disruptive Innovation.hbr.org website at https://hbr.org/2015/12/what-is-disruptive-innovation accessed 05 May 2016? Clarke, Thomas (2007)"International Corporate GovernanceLondon and New York: Routledge,ISBN 0-415-32309-6 Dahlan, L. and Gann, D. (2010). How open is innovation?', Research Policy, Vol. 39, pp.699709 Enkel, E., Gassmann, O. and Chesbrough, H. (2009). Open RD and open innovation: exploring the phenomenon,' RD Management, Vol. 39, No. 4, pp.311316. Gassmann, O., Enkel, E. and Chesbrough, H. (2010). The future of open innovation,' RD Management, Vol. 40, No. 3, pp.213221 James, P. Szeman, I. (2010). Globalization and Culture, Vol. 3: Global-Local Consumption. London: Sage Publications. Lichtenthaler, U. (2011). Is open innovation a ?eld of study or a communication barrier to theory development?A contribution to the current debate, Technovation, Vol. 31, pp.138-139. Midgley, D. (2010). Integrated Strategies and Practical Tools for Bringing Value Innovation to the Market, Wiley Neilan, Catherine (2016)."Homebase to be rebranded Bunnings after Wesfarmers completes 340m acquisition from Home Retail Group - now what's happening with Argos?". Retrieved from https://www.cityam.com/235594/homebase-to-be-rebranded-bunnings-after-wesfarmers-completes-340m-acquisition-from-home-retail-group-now-whats-happening-with-argos Oke, A. (2007). Innovation types and innovation management practices in service companies. International journal of operations and production management, 27 (6), pp. 564-587

Symbols In The Great Gatsby Essay Research free essay sample

Symbols In The Great Gatsby Essay, Research Paper Gatsby In the Great Gatsby, a batch of things can be looked at as symbols. The conditions, Daisy # 8217 ; s frocks, the eyes of Dr. T. J. Eckleburg, and even the visible radiations. By utilizing symbols, Fitzgerald makes the narrative more deep, and gratifying for some readers. Fitzgerald besides uses assorted subjects throughout his narrative of the Great Gatsby, like Gatsby # 8217 ; s # 8220 ; American dream. # 8221 ; The two most of import symbols in the narrative are the green visible radiations at the terminal of daisy # 8217 ; s dock, and the eyes of Dr. T. J. Eckleburg. The green visible radiations represent Gatsby # 8217 ; s # 8220 ; American dream # 8221 ; and his longing for daisy. The reader doesn # 8217 ; t understand this for a piece though. Fitzgerald shows us subsequently that this is what they stand for, to demo how something simple can stand for so much. The eyes of Dr. T.J. Eckleburg is merely a mark that lingers over the vale of ashes. The reader can construe it as anything he/she wants. Toward the terminal of the novel, nevertheless, George Wilson interprets the eyes as the eyes of God, and he must move decently under them. Gatsby # 8217 ; s American dream is the subject throughout the narrative. He lives a life of luxury, throwing immense parties, and life in a sign of the zodiac. Gatsby wanted this life since he was a child. He besides wants the miss of his dreams, Daisy, in his life, merely he can # 8217 ; Ts have her because she is in love with Tom. Gatsby makes Daisy a symbol of everything he wants because of her beauty, wealth, and worry-less attitude. There are besides little symbols and subjects in the narrative every bit good. The colour of daisy # 8217 ; s white frock, for illustration, sets the temper for the scene. And on the hottest twenty-four hours of the twelvemonth is when Tom and Gatsby have their confrontation. Overall, the symbols and subjects in this narrative seem to come together because of Gatsby # 8217 ; s dream for Daisy, which is the symbol of the green visible radiations, who is everything Gatsby wants. Even though the visible radiations are merely visible radiations, and the eyes of Dr. T. J. Eckleburg is merely a large mark, the people of the Great Gatsby take significance to them because they feel the demand to woolgather something, or necessitate them to fault something on.

Heat and Temperature Difference Essay Example

Heat and Temperature Difference Essay Example Heat and Temperature Difference Essay Heat and Temperature Difference Essay Heat and Temperature Difference BY abevl 23 Name: Date: Student Exploration: Heat Transfer by Conduction Vocabulary: conduction, convection, insulate, radiation, thermal conductor, thermal energy, thermal insulator Prior Knowledge Questions (Do these BEFORE using the Gizmo. ) Suppose two frying pans have been left on the stove with the burners on. One of the frying pans has a metal handle and the other has a wooden handle. 1 . Which handle do you think you could safely touch? 2. Why do you think one handle will be cooler than the other? Gizmo Warm-up Heat, also called thermal energy, can be transmitted through space (radiation), by oving fluids (convection), or through direct contact. This final method, called conduction, is explored in the Heat Transfer by Conduction Gizmow. To begin, check that Aluminum is selected. Select the BAR CHART tab and turn on Show numerical values. 1. What is the initial temperature of each beaker? Beaker A 95 Beaker B 5 2. Click Play ([pic]) and observe. A. What happens to the temperature of Beaker A over time? Beaker a goes down over time. B. wnat nappens to tne temperature 0T Beaker B over time? Beaker D goes up. 3. Why do you think the temperatures of Beaker A and Beaker B changed as they did? Because of conduction. I Aactivity A: [pic] I Get the Gizmo ready: I Click Reset ([pic]). I I Measuring heat transfer I Check that Aluminum is selected. Question: How does the temperature difference between two containers relate to the rate of temperature change? 1 . Observe: Select the GRAPH tab and press Play. Wait until the temperatures of the two beakers are both close to 50 oc, and use the zoom out button ([pic]) to see the whole graph. Sketch the graph in the space at right. What does the graph show about the rate of temperature change over time? 2. Form hypothesis: How do you think the temperature difference between the eakers relates to the rate of heat transfer? 3. Gather data: Select the TABLE tab. Click Reset, and then click Play. Click Pause ([pic]) every 100 seconds (does not have to be exact). Each time you click Pause, record the temperature of each beaker and their temperature difference in the table below. (To find the temperature difference, subtract the temperature of beaker B from that of beaker A. ) I Ilme (s) I Beaker A temp. I Beaker B temp. difference (oc) 1 1100s I poos 1 1400s 1 1600s (Aactivity A continued on next page) Aactivity A (continued from previous page) lemp. . Calculate: At each time, what is the sum of the temperatures in each beaker? 5. Apply: In this simulation, the beakers are perfectly insulated. This mearns that no thermal energy (heat) is lost to the outside environment. If the beakers were not perfectly insulated, how do you think the sum of their temperatures would change over time? Explai n. 6. Compare: Compare the temperature changes in the 0-100 second interval to the 500-600 second interval. First, record the temperature difference at the start of each interval. Then, calculate how much the temperature in each beaker changed during the interval. I Value 10-100 s interval 1500-600 s interval I emperature OITTerence at tne sta I interval IChange in Beaker A temperature IChange in Beaker B temperature tne time 7. Analyze: How does the rate of temperature change depend on the temperature difference between the two beakers? 8. Think and discuss: Why do you think the rate of temperature change does not stay constant over time? If possible, discuss your answer with your teacher and classmates. I Aactivity B: I I Conductors and insulators ISelect the TABLE tab. Introduction: Materials that allow heat to pass through easily are called thermal conductors. Materials that resist the transfer of heat are called thermal insulators. Questlon: wnlcn materlals are tne Dest conductors? wnlcn are tne worst conductors? 1. Predict: In the Gizmo, you can use aluminum, copper, steel, or glass to connect the two insulated beakers. A. Which material do you think will be the best thermal conductor? B. Which material do you think will be the best thermal insulator? 2. Gather data: With Aluminum selected, click Play. Click Pause after about 200 simulated seconds. Record the temperature of each beaker at 200 seconds. Next, calculate the temperature change of Beaker A. Repeat with each material to complete the table. I Material I Beaker A temp. at Beaker A temp. change (oc) seconds (oc) 3. Analyze: What does your data indicate? I Beaker B temp. at 1200 seconds (oc) I IAIuminum I ICopper I Glass 1200 4. Classify: Which materials would you classify as thermal conductors, and which would you classify as an insulator? Which material was the best thermal conductor? Thermal conductors: Thermal insulator: Best thermal conductor: Apply: A good Trying pan wlll transTer neat qulcKly Trom tne stove Durner to tne food. Based on the results of the Gizmo, which material would be best for frying pans? Why?

Staffing Professional Essays

Staffing Professional Essays Staffing Professional Essay Staffing Professional Essay A staffing professional engaged in the human resources department to meet, interview, and assess applicants, fundamental to the work is the proper representation of the organization’s best interest. This is crucial to the work since this is part of staffing process. It is at the outset that the company’s interests are best clarified and presented. It is so important that a person employed as a staffing professional must possess enough insight to the ethical implications of his/her every dealing. In some firms, certain questions have to be asked if unsure of certain transactions. For example, queries such as: â€Å"Is it legal?† â€Å"Does it comply with the Code of Ethics and with the policies that apply to the situation?† and â€Å"How will it affect others – consumers, competitors, shareholders, other employees, agencies or the community, and you?† (The Allstate Corporation, 2007). This only means that the necessity is laid upon the staffing professional to represent clearly the best interests of the organization. The efficiency and quality of the production’s work force depend so much on him/her. The nature of the work also presupposes that it sees through the nature of any given situation, finding out what is to be done, which expertise/skills are needed, and apply the necessary tools and methods available to meet the demands and thus accomplish the task effectively for the organization’s interests. Of course, there are negative consequences if this is not done properly. One obvious result is that the overall effect is detrimental to the company in general. Another is that, when the staffing professional engages in unethical behavior and questionable dealings (such as implied in the questions earlier) and does not abide by the rules of the, he or she will be liable to the law and must face the consequences of his/her behavior.

Ensuring a Creative and Innovative Workforce Essay

Ensuring a Creative and Innovative Workforce - Essay Example The recent shift from industrial to knowledge economies has been rapid and abrupt, leading to a series of novel discoveries and innovation in various fields across all sectors of the economy, thereby drastically increasing the significance of creating and developing a highly creative workforce. The fact that innovation is the key to human survival, has been reasserted over the years, with a wide range of creative and innovative ideas being generated and applied for human consumption. Companies today rate creativity and innovation as highly essential pre-requisite of strategies, designed to achieve their organizational goals. Various challenges can be overcome and addressed through sheer creativity, which are faced by the 21st century, such as global warming and sustainable economic development to name a few. Organizational creativity is one of the most promising issues, which is now being probed by managers and leaders, and its relevance and significance is acknowledged by the emerge nce in the recent decades. Definitions: Creativity is defined as the development of novel and useful ideas (Hemlin et al., in Mumford, 2011). According to Plucker et al., (2004) the term creativity is defined as "...the interaction among aptitude, process, and environment by which an individual or group produces a perceptible product that is both novel and useful as defined within a social context". According to Ford (1995) "Creativity is a context specific, subjective judgment of the novelty and value of an outcome of an individual's or a collective's behavior (West, 1997, Pp. 2). Innovation in generic terms refers to the development and application of novel ideas, products or services, or technologies in an organization. According to Van de Ven (1986) the process of innovation is defined as "the development and implementation of new ideas by people who over time engage in transactions with others within an institutional context. This definition is sufficiently general to apply to a wide variety of technical, product, process, and administrative kinds of innovations. From a managerial viewpoint, to understand the process of innovation is to understand the factors that facilitate and inhibit the development of innovations" (Sisaye, 2001, Pp. 105). In a nutshell, the concept of creativity entails the application of a mental as well as a social process which is fuelled by an insight regarding the future demands and requirements of consumers, and generating ideas and concepts in response to the meet the requirements of the same. Innovation on the other hand, refers to the successful application of the said ideas and concepts with a view to generate profitable outcomes. In order to successfully create and develop innovative products and ideas, it is essential for the management to hire and recruit a highly creative workforce and develop a highly productive workforce by encouraging creativity and innovation within organizations. Significance and relevance of the co ncepts as applied to organizations: Creativity is the first step or foundation of innovation, which can be achieved through the successful implementation of the creative ideas generated by the talented workforce. Innovation is one of the crucial and inevitable elements of organizational success, more so in the highly advanced society, which is practically driven

Single European Payment Area Essay Example | Topics and Well Written Essays - 750 words

Single European Payment Area - Essay Example The Single Euro Payment System an electronic payment system in the euro zone countries. The banking industry in the European Union came up with the idea having the first Single Euro Payment Area products launched in January 2008. The Single Euro Payment Area, simply called SEPA, is an electronic system that eases the electronic payment all across the Euro zone by the use of credit cards, debit cards, bank transfer or direct debit. The electronic system will make it easy for tourist from and within the European Union, access their money as if they are in their domestic country (Anamaria and Ghiba, 2). The Single Euro Payment Area is highly supported by the EC and ECB. This is because of its significance to financial institutions and their client. The European Payment Commission, which represents the European banking industry, the European Central Bank and the European Commission all have a common vision and goals in the execution of the SEPA. The European Payment Commission uses the industry’s self-regulations to improve and promote the Single Euro Payment Area. This is done by defining common positions for core payment services within a competitive market place. The EPC is also accountable for providing strategic guidance for standardization and provide or in some cases formulate the best practices and support while monitoring the implementations of made decisions (Anamaria and Ghiba, 2). The EPC has fabricated new product schemes for direct debts and credit transfers and a structured framework for payment cards. The EPC represent the whole European financial industry as the members are from banking associations and banks from the EU member states. This assures that all the credit institution, regardless of its size, within the European market has a say in the implementation process of SEPA. The European Central Bank played a substantial role in the implementation of

The Role of Women in Igbo Society Essay Example for Free

The Role of Women in Igbo Society Essay Women’s role in Things fall apart. Igbo women reveals itself to be prematurely simplistic as well as limiting, once the reader uncovers the diverse roles of the Ibo women throughout the novel. An excellent example of powerful women in the Ibo village is found in the role they play in the Ibo religion. The women routinely perform the role of priestess. The narrator recalls that during Okonkwos boyhood, the priestess in those days was woman called Chika. She was full of the power of her god, and she was greatly feared (17). The present priestess is Chielo, the priestess of Agbala, the Oracle of the hill and the Caves (49). There is an episode during which Chielo has come for Okonkwo and Ekwefis daughter Ezinma. We are told, Okonkwo pleaded with her to come back in the morning because Ezinma was now asleep. But Chielo ignored what he was trying to say and went on shouting that Agbala wanted to see his daughter . . . The priestess screamed. Beware, Okonkwo! she warned (101). There is no other point in the novel in which we see Okonkwo plead with anyone, male or female, for any reason. We witness a woman not only ordering Okonkwo to give her his daughter, but threatening him as well. The fact that Okonkwo allows this is evidence of the priestesss power. The ability of a woman to occupy the role of a priestess, a spiritual leader, reveals a clear degree of reverence for women being present in Igbo society. Another example of such reverence for women is unveiled in the representation of the earth goddess, Ani. Ani is described a playing a greater part in the life of the people than any other deity. She was the ultimate judge of morality and conduct. in Chapter fourteen, when Okonkwo returns to his mothers clan after being exiled from the Ibo village. Uchendu, reproaching Okonkwo for his sorrow about having to come to live with his mothers clan, explains: Its true that a child belong to its father. But when a father beats his child Upon delving beneath this deceiving surface, one can see that the women of the clan hold some very powerful positions: spiritually as the priestess, symbolically as the earth goddess, and literally as the nurturers of the Ibo people, the caretakers of the yam crops and the mothers and educators of the Ibo children.

Life, Death, and Frankenstein Essay -- Frankenstein Essays

Life, Death, and Frankenstein Since I spent last weekend in Vancouver attending the funeral of a beloved aunt who died on Good Friday, you could say that I've been pondering a lot about death and dying lately. It didn't help either that I chose to bring my copy of Mary Shelley's Frankenstein with me to read on the plane rides there and back, seeing as this story deals with the creation of a new form of life and the deaths that result from it. Being in this rather morbid frame of mind, I decided for this commentary just to take a closer examination of life and death as contained within the kind of gothic narrative of this early science-fiction horror story. It's almost like a Yin-Yang pairing between the two: Victor controls the ability to create Life (an ability that is usually looked on as being feminine) through his scientific and medical knowledge, and the Creature controls the ability to create Death (an ability usually looked on as being masculine) through his incredible strength and physical abilities. But although the Yin-Yang of Taoist thought brings harmony to the universe, this pairing of light and dark brings nothing but destruction to those it touches. So, in Frankenstein, I suppose you could divide the death into two different categories, both centered around Victor: Life from Death, and Death from Life. "To examine the causes of life," Victor tells us through Captain Walton, "we must first have recourse to death." And so he does. After Victor discovers the secret to creating life (what it is we are never told, but if you're inclined to believe the various cinematic treatments of the story, it seems to involve lightening storms and complicated machines), he decides to put this to use and see if he can play... ...ankenberry Cereal available for sale, with cartoonish pictures of Boris Karloff smiling on the front. While they may hold opposing powers of Life and Death respectively, in the end, it is as though neither of these two characters is left with any life between them. Everyone Victor has loved is dead because of the attacks inflicted by his creation. The Creature is not accepted by society because of the appearance given to him by his creator. Neither of them having anything left to live for; they engage in a chase up to the high Arctic where the Creature and the body of his creator disappear into the night. With each of them trying to out-manoeuvre the other, each destroys what his opposite desires the most. In this Life from Death, nothing can lead a true existence. Works Cited: Shelley, Mary. Frankenstein (1818 ed.). New York: W. W. Norton & Company, 1996.

The Use of Metaphors, Repetition of Words and Biblical References in Obama’s Speech of Inauguration Based on “Analyzing Political Discourses” Theory and Practice by Paul Chilton

The use of metaphors, repetition of words and biblical references in Obama’s speech of inauguration based on â€Å"Analyzing Political Discourses† Theory and Practice by Paul Chilton Number of Words: 2589 Introduction: Political discourses are made to impress, persuade and to underline ideas to change a country. Politicians use specialized writers to write for them their discourses or use a lot of time to write one, as political discourses are important for the future outcome. For example: To be voted by the people or explain bad situation on an adequate way so that the people don’t offended.To achieve this goal, several methods are used. But in this essay I will focus on metaphors, the repetition of specified words and the use of Biblical references, using methods given by Paul Chilton in his book â€Å"Analyzing Political Discourse, Theory and Practice†. As experimental territory I used the inaugural speech of Barrack Obama, which he used for his first c andidature to become the president of the United States of America. The Speech by Barrack Obama can be found in the Appendix. My goal is not only to see what and how he used the methods but also what goal he tried to achieve.It is important to have some background information and what the people thought of him. As for America and other parts in the world, Obama stands for a new ideology, he promises America better healthcare, the end of the War and solutions to many problems, always emphasizing that this goal can only achieved as a team/nation but does he succeed to give us this image? What tricks did he use? What is a metaphor? Metaphors are used in political discourses to replace words that the audience doesn’t want to hear or could react badly. But what is a metaphor?In literary use, a metaphor (from the Greek: metapherin rhetorical trope)[1] is defined as an indirect comparison between two or more subjects that are typically linked by a â€Å"is a† to join the two subjects. As an example we can take following sentence: † This Man is a beast â€Å". This is an elliptical form to emphasize the sentence that the Man is like a beast. Paul Chilton is the opinion that, Metaphors, qua models of political realities, as he calls them, are part of political discourses of today and used as vehicles to bring an opinion to a target. [2] We realize now that all of us speak in metaphors whether we realize it or not.For example Mark Johnson, a philosopher, suggests that metaphors not only make our thoughts more vivid and interesting but that they actually structure and individualize our perceptions and understanding such that each person has a different understanding and thoughts about a common subject. [3] Metaphor is for many people a device of poetic and rhetorical imagination and development rather than the ordinary language, which is wrong as proven above. Metaphor analysis in Barrack Obama’s Speech: In the following points I will reveal s everal metaphors Obama used and will try to reveal why he used them.But also the Biblical references used as a metaphor, or as a bridge to transfer his Ideas. 1. CHANGE IS A MOVEMENT Citation out of the Speech: 1) â€Å"Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. â€Å" 2) â€Å"The question we ask today is not whether our government is too big or too small, but whether it works – whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. †In the first citation â€Å"rising tides† and â€Å"still waters† are used as source domains, whereas the target domain is the word â€Å"prosperity† and â€Å"peace†. As it can be seen in the phrases: â€Å"rising tides of prosperity† and â€Å"the still waters of peace† here, the movement is a change of location (rising) or a stationary moment (still). If it involves a movement as change of location, it can be associated with the words: forward, backward, upward, downward, etc†¦ so different directions and movements. The â€Å"rising tide of prosperity† can be seen as a state of prosperity that has moved and is changing, while peace has still not changed.This movement of which Obama is talking about can also be seen as a: flow of natural force (â€Å"the rising tides†) and substance (â€Å"still waters†). In the metaphorical expression in citation 2) the part which acts as source is the phrase â€Å"We intend to move forward† and â€Å"programs will end† where Obama is talking about the ideas of the US-government to provide jobs and a better social warranty. [4] In both metaphorical expressions, I think Obama wants to tell us that all presidents of America had taken the presidenti al oath to develop America.All of their effort had the aim of raising economic development and prosperity and that all of these can only be achieved as a nation with a strong political support from the people. So, the â€Å"WE† as a nation, which he uses a lot in his speeches. 2. POLITIC IS A JOURNEY 1) This is the journey we continue today. We remain the most prosperous, powerful nation on Earth. 2) Our journey has never been one of short cuts or settling for less. It has not been the path for the faint-hearted – for those who prefer leisure to work, or seek only the pleasures of riches and fame.Rather, it has been the risk-takers, the doers, the makers of things – some celebrated but more often men and women obscure in their labor, which have carried us up the long, rugged path towards prosperity and freedom. In the metaphorical expression of the first citation the part which acts as a source domain is the phrase: â€Å"This is the journey we continue todayâ €  whereas the focus of the citation is the American Political life. By saying the sentence â€Å"This is the journey we continue today† gave me the impression that the American people are compared to travelers having a journey to a certain destination.Even though we know that politics is no journey as such but can be seen as such in a metaphorical way. In the metaphorical expression of the second citation the part that interacts as source is the phrase â€Å"Our journey has never been one of short-cuts or settling for less. It has not been the path for the faint-hearted† whereas the target is also the American political life, like in the first citation with another connotation but keeping the idea of a journey in mind. We can see that in both citations have the same idea of a journey which is given to the audience.The idea behind is that the audiences who are involved in political life are like travelers on a journey, with their common need in life seen as the goal of this journey. The political activities and relation is their vehicle used to reach the goal of common interest. [5] 3. BIBLICAL REFERANCES AS A LIFESTYLE The citations I used here are taken again in a separate chapter using the theoretical rapprochement given by Paul Chilton in part III chapter 10. 1)â€Å"We remain a young nation, but, in the words of Scripture, the time has come to set aside childish things. † 2) â€Å"Love is patient, love is kind.It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, and always perseveres. Love never fails. † In the 1st citation the source domain given is the phrase â€Å"time has come to set aside childish things† where he targets the lifestyle of the Americans. It gives the impression that the fights they had about poli tical problems are childish and that they should focus to strive a common goal.In the second citation he uses the same idea, again using a citation out of a religious text using as source domain â€Å"Love is patient, love is kind. It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking† like before the target is the lifestyle of the Americans which Obama criticizes. It is clear that through these citations Obama tries to reason the population quoting biblical references. Comparing America with childhood and telling them that through love only, again the idea of working together, all goals can be achieved.I wont go deeper into this comparison as I will come back to it later on in the text. Frequency of words: To see what words Obama used in his speech frequently and how many times we had to know how many words are in his whole speech, which lies around 2403 words. As such I was able to give the percentage of the most used words. The word O bama laid the most emphasizes is â€Å"WE† which he used 62 times, which can be understood as his speech is about working together as a nation and is also a word used in his slogan: â€Å"Yes WE can†. Other words he used frequently are:[6] KeywordRepeatsDensity Nation 12 0,50 New 11 0,46America 9 0,37 Today 7 0,29 People 7 0,29 The repetition of these words sticks with the listeners as such the listener will always remember this words and will combine them with the discourse of Obama. As for mind manipulation it is the repetition that stays in our mind. [7]When we are learning or looking at advertisements or when we are learning a song, we always repeat them until we know them by heart. In the case of marketing the advertisements are kept easy and shown more than one so that they stick in our minds and when we have to choose between two product we will chose the one we â€Å"know† or that we can remember of.The same is in political discourses. The more often it is repeated the more we will remember them and believe them. In Obama’s case using the words Nation, New etc†¦ he tries to underline the idea of freshness in the United States and that it can only work as a NATION. As all presidents the repetition of AMERICA, motivates the American listeners and they feel directly talked to, strengthening also the bond between the people and the nation. Paul Chilton underlines in his book that discourses often use a container concept, which is created by the words used.This container ideology is divided in three structures: in interior and a exterior which are defined by a boundary which are formed in political discourses to a container- nation with political borders given by the speech. As such it is able for politicians to give the fault to others, outside of the container while securing the interior of the container. Analysis of Biblical references Apparently it is customary in American political discourse to employ biblical language[ 8], which is an inherent part of the old American public way of speaking.However, given that Obama is a non-traditional and liberal candidate for president,[9] it is even more interesting to analyze the biblical references he used and give possible explanations why used following citations for his speech. â€Å"We remain a young nation, but, in the words of Scripture, the time has come to set aside childish things. † Obama quoted here, the New Testament, 1 Corinthians 13:11, dealing with St. Paul’s letter to the church in Corinth.The goal he tried to achieve of this particular example is to also aims at the Muslim, Jewish, Hindu and non-believing Americans, to include them too into the speech, for it is a text that is usually read at wedding ceremonies and is not specified to one religion specifically, as it speaks about true love in the following manner: â€Å"Love is patient, love is kind. It does not envy, it does not boast, it is not proud. It is not rude, it is n ot self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes an always perseveres.Love never fails. † (1 Corinthians, 13:4) â€Å"When I was a child, I talked like a child, I thought like a child, I reasoned like a child. When I became a man, I put childish ways behind me. Now we see but a poor reflection as in a mirror; then we shall see face to face. Now I know in part; then I shall know fully, even as I am fully known. And now these three remain: faith, hope and love. But the greatest of these is love. † (1 Corinthians, 13:11) These Letters were written by St. Paul to the church in Corinth in the times of internal struggles and divisions in the church, and when the church was hreatened by immoral influences surrounding the community. St. Paul’s letter was a letter of criticism and implorement to the Corinthians to stop the arguing and fighting around different problems and embrace, what he called, the most important virtue: love. [10] The choice of this particular biblical reference could be perceived as Obama’s attempt to spread the ideology of love â€Å"loving thy neighbor† so that the American people can embrace a notion of racial inclusiveness and ideological diversity, necessary in the time of economic and international crises.Again we can find the idea of a â€Å"WE†. Conclusion: It is now obvious that Paul Chilton theory can be applied. We can see that it is the play together of the different methods and many more make a discourse unique and manipulative. But it is important to know in which context the discourse has been written as the context can change the words, emotions and message in a political discourse. In Obama’s speech we can find the concept of pragmatism, liberalism, inclusiveness, acceptance of religious and ethnic diversity and unity. As such the result of keywords of hi s run for presidency.This is shown by the prominent words employed by Obama: nation, new and America, and a overall dominance of the personal pronoun We understood as necessary in the time of national peril†¦ The results of the biblical references, which Paul Chilton explains as â€Å"only† way to motivate and capture America’s population, have shown that Obama’s choice of citations (quoting the Corinthians) was to strengthen the notion of unity and brotherly love among the various members of the American diverse society. As such we can see that his methods were well used and can be found by the methods of Paul Chilton.Obama stands for his candidature through his speech and ideology, world wide as a new wind for America that will rebuild and strengthen the country. And we have to remember that Obama is the first president that has been accepted as young and black person as president. Sources Primary source: Analyzing Political Discourse, Theory and Practice , Paul Chilton, Routledge, 2004 Bibliography: – Article Discourse Society January 1993 vol. 4 no. 1 7-31 : Metaphor in Political Discourse: The Case of the `Common European House' by Paul Chilton and Mikhail Ilyin Moral Imagination: Implications of Cognitive Science for Ethics, University of Chicago, 1993. Secondary Sources: – University of Louisville, Article by Judith D. Fischer: http://www. law. louisville. edu/node/2720 – Online Document, Critical Discourse Analysis by Juraj Harvath: https://docs. google. com/viewer? a=v=cache:j-4vhWbO6a8J:www. pulib. sk/elpub2/FF/Ferencik2/pdf_doc/6. pdf+=de=lu=bl=ADGEESgDn7GSv6cJcZ6acGq5vk-rpp0mNE_qyGy5vUUCMEdg4d1M9efiWLiSgl3CRzYChNf3gQkZQ-saUZib0C5oBU-XVpDkee3pDul94RL3VlIR6nWc4j-OIJTNBkD9oZuSmxh4ybhM=AHIEtbRfcX_PIha4KZfnvwVFTzxPnRNSDA – Obama, the Lion in Winter: ttp://www. exec-comms. com/blog/2009/01/20/obama-the-lion-in-winter/ -5 Speechwriting Lessons from Obama’s Inaugural Speech by Andrew Dlugan: http: //sixminutes. dlugan. com/inauguration-speech-analysis-barack-obama-inaugural/ – Online Document: A Critical Discourse Analysis of Barack Obama’s Speeches By Junling Wang: https://docs. google. com/viewer? a=v=cache:HzMPBXpzbW8J:ojs. academypublisher. com/index. php/jltr/article/download/0103254261/1807+=de=lu=bl=ADGEEShaYaCyse11UxuFQk1KY0Zb0oOh15Ng1vgnuIdLSpdkL4Ia5nqoDh1DV-aO46J-bKQV9Fyfc3mz1MrZ5VTIrAnm85bmHXzt4cJZgNLYXFeuExE4wl1-SjUvUuEWd78WR0jiI5aV=AHIEtbT3Yd_sOMwtzg1_LtcSsaQh2FbYGw – Wikipedia article about metaphors: http://en. wikipedia. org/wiki/Metaphor visited on 21 November 2012 – St Paul’s Letters: http://biblescripture. net/1Corinthians. html Apendix: The whole speech of Obama can be found on BBC: http://news. bbc. co. uk/2/hi/americas/obama_inauguration/7840646. stm ———————– [1] http://en. wikipedia. org/wiki/Metaphor, visited on 21 November 2012 [2] Paul Chilton, Analyzing politi cal discourses, Page 49 [3] Moral Imagination: Implications of Cognitive Science for Ethics, University of Chicago, 1993. 4] Obama, the Lion in Winter: http://www. exec-comms. com/blog/2009/01/20/obama-the-lion-in-winter/ [5] Paul Chilton, Analyzing political discourses, Page 51 [6] Statistics taken out of: Critical discourse analysis by Juraj Harvath (controlled by myself again) [7] A Critical Discourse Analysis of Barack Obama’s Speeches By Junling Wang [8] Paul Chilton, Analyzing political discourses, Page 174 [9] Obama, the Lion in Winter: http://www. exec-comms. com/blog/2009/01/20/obama-the-lion-in-winter/ [10] St Paul’s Letters: http://biblescripture. net/1Corinthians. html

Managing High Performance Work Teams

Relationship to ManagementIn order to facilitate optimal efficiency in an organization, there are a lot of factors to consider first like the financial stability, economic and market stability, and internal stability. As for the scope of this paper, all of the discussion will give emphasis on the role of internal stability on the success of an organization.  Internal stability may originate on how well the key persons of an organization work with respect to one another, like for instance, the organizational structure or the type of managerial strategy that is being implemented by the management.Actually, there are two approaches in managing an organization namely: first, letting the employees to use their creativity in handling various situations concerning the company without the supervision from the top officials; and the existence of a manager to supervise and delegate task to the employees. From the said two management approaches, it is the former which is more efficient and ef fective especially if the employees has enough skills and responsible enough to handle various tasks concerning the entire organization. In this regard, the idea of High Performance Work Teams arises.High Performance Work Team is basically comprises of two or more individuals working together in order to attain specific goals or objectives (Barkman, 1993). Oftentimes, this type of groups works independently without the need of supervision coming from any of the top officials for they have enough skills and talents to almost handle the tasks of a manager. Moreover, this kind of group has the ability to perform at the highest level even for an extended period of time.Most of the organization nowadays uses High Performance Work Team in order to manage an organizational conflict which concerns various department of an organization or just to maintain and develop good working relationship among members. Just like what has been discussed a while ago, High Performance Work Team can almost take the place of a manager since the group can even handle the facilitation of meetings and develop goals and plans. This is how flexible High Performance Work Team is.On the other hand, effective leadership also plays a vital role for the attainment of harmonious working environment and relationship among the members of the organization (Bolen, 2001). Leaders are the one responsible for delegating the task and solicit ideas from its members and collaborating those ideas into a more efficient and effective ideas. It is also the leaders who take the initiative to influence its members to perform their responsibilities and the one responsible for motivating all the members of the organization.Furthermore, one of the qualities that a leader must posses would be the ability to determine long term opportunities in order to provide the organization sustainable development (Clark, 2007). In other words, a leader must visualize the future of the organization and do not just focus on what i s currently at hand in the short run. Short run goals are being handled by a manager but when it comes to visualizing the long term welfare of the organization it is the job of a leader.In this regard, it is clear that a leader and a great manager, may it be an individual or a group of people like High Performance Work Team, plays a vital role on the stability and success of the organization at present and in the near future. This is the reason why they are very important key person in the management team of an organization for they are the one who drives the entire organization towards the attainment of their set goals and objectives.Pioneer Sector/sActually both private and government sector already implements High Performance Work Team; but it is the private sector that pioneered High Performance Work Place General Electric, Kraft Foods and Exelon. In the U.S. alone, High Performance Work Team gain acceptance in the corporate world during the 1980s when Boeing, Digital Equipment Corporation [presently known as HP] among others, adopted the said managerial strategy.With the said implementation of High Performance Work Team to the said identified organization, there exist major changes happened especially in organizational culture and merging of the goals of the organization with the social needs of the individuals. In just a few years after High Performance Work Team was presented to the corporate world, it already reached quantum leap in business result in the entire key success dimension together with the customer, employee, shareholder and operational value added dimensions.On the other hand, there is no exact date when effective leadership was really started entering into the idealism of the corporate world. But one thing is for sure, it is not only in the private sector where effective leadership is being implemented, even in the government sector it is also being widely used.Successful Company through HPWTOne of the possible organizations that successf ully mastered High Performance Work Team will be the Kraft Foods. At present, Kraft Foods leads the industry of branded foods and beverages locally and internationally. With its strategy of exploring the international market during the years wherein the domestic market was already becoming saturated, Kraft Foods was able to boost its profitability and market influence.Moreover, in order to successfully penetrate their target market, Kraft Foods entered merging, buy other food companies in the industry, and make partnership with other food companies from other countries. This market entrance strategy works well so far for the company based on their market position and influence.Because of the diversity caused by the identified market entry strategy of Kraft Foods can hinder the attainment of optimal efficiency and effectiveness of the entire personnel of the company, the Kraft Foods executives resulted to implementing High Performance Work Team which was comprised by representatives from different departments of a given branch of Kraft Foods to resolve diversity conflict and simplify the organizational structure in such a way wherein all of the employees of the company can work in harmony with one another.Diversity related issues and complexity of the organizational structure of Kraft Foods caused inefficiency in executing various operational procedures and strategies of the company as well as the depreciation of the performance of every employee due to their diversity (findarticles.com, 2005) and (Hopkins, 2005). The reason why the members of the High Performance Work Team of Kraft Foods came from the different departments of the company was to be able to have equal representation of voices of various groups of individual working in the company so that at the end of the day, whatever the solution will the High Performance Work Team arrive every welfare and interest was put into consideration.True enough, by the start of 2005, the efficiency and effectiveness o f Kraft Foods improved which can be seen on the profitability level of the company and the fact rate of its expansion in the market which made the company among the top multinational companies around the globe. With the simplification of the organizational structure and solving the diversity related problems of the company through the use of High Performance Work Team, business transaction has been executed faster and the harmonious working relationship among the members of the company provide enough motivation for every employee to perform their task to their full potential.On the other hand, the CEO of Kraft Foods, Irene Rosenfeld, was able to provide the company sustainable growth by the time the domestic market started to become saturated to their product line and visualizes the entry of the company to the international market. In this regard, the effective leadership comes into the picture of Kraft Foods’ success for the past years.Not only this, Rosenfeld was able to sp ot the diversity related issue problem and immediately find a solution to the said organizational conflict which is one of the tasks of a leader for an effective leadership of its members. With the existence of Rosenfeld to Kraft Foods, there is no doubt that the company successfully implemented not only High Performance Work Team but also the Effective Leadership.ReferencesBolen, M. (2001). Effective Leadership. Retrieved March 18, 2008, from http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/agdex1334Clark, D. (2007). Concepts of Leadership. Retrieved March 18, 2008, from http://www.nwlink.com/~donclark/leader/leadcon.htmlfindarticles.com (2005). Kraft Foods Announces Additional Simplification Initiatives. Retrieved March 18, 2008, from http://findarticles.com/?noadc=1

CanGo’s Issues and Recommendation Essay Example

CanGo’s Issues and Recommendation Essay Example CanGo’s Issues and Recommendation Essay CanGo’s Issues and Recommendation Essay CanGo’s Issues and Recommendation Name: Course: Institution: Instructor: Date: CanGo’s Issues and Recommendation 1. Can Go should write an effective mission statement or a value statement. This promotes the business in providing it with direction and a strategic vision. The statement should be revised every five or so years to give it a push forward and to make new goals and objectives. The Goals and objectives should be the company’s guiding feature in formulating the mission statement. This can be done by first listing down the firm’s core and unique strengths and weaknesses. The type of the company’s primary customers, both internal and external, should then be listed. A review of how the customers relate to the firm’s strengths should then be done. After this, a short description of the findings should then be written. This should encompass what the customer is interested in the company for, how he is satisfied and if he acknowledges the company for his satisfaction. The customer-strength pairing outcomes that are similar should then be combined and the outcomes should be listed in their order of relevance to the firm. After this is done, the top three to five statements should be combined into a paragraph. This should be done by listing in order the most relevant to the least relevant statements to the firm and then taking the top five. The paragraph shall become the new company mission statement and consultations could be done with the customers to confirm if they would want to conduct business with a company with that mission. Employees of the firm should also be brought in the loop and they should be able to understand, support and act on the statement. If Can Go Company does this it shall have a good mission and vision statement. 2. The Can Go Company should also develop a good strategic management process. Since the manager or proprietor of the company has an idea of what they want their strategy to be they should document the strategy and document it. From here the strategy should be translated into actionable terms. After this a business plan should be created. The plan should state the strategies of the firm and the actions the firm plans to carry out to achieve the strategies. Objectives, aggressive but attainable targets, actionable metrics and initiatives to boost performance should then be identified and included in the plan. A performance score sheet should then be developed. This should be accompanied by a process that enables the deliberations on progress in comparison to the strategy. This should be implemented in all sections and departments of the company. This should then be reviewed periodically, preferably after every month. Incentives and rewards should then be linked to the strategy of the company. This ensures that the desired behaviors are maintained and a competitive attitude towards performance is achieved. Budgets and investments should then be linked to the strategy. This enables the strategy to achieve completeness. This is because it is supported by the economic resources of the firm. With the budget and the capital investments of the firm supporting the strategy, it is placed as the most important part of the company, which it should as it leads to the success of the company. The Can Go Company should implement these steps in order. This should make their company change and use a lot of its resources but the benefits of this are long te rm and will be enjoyed many years to come.

The 5 Canons of Classical Rhetoric

The 5 Canons of Classical Rhetoric The classical Canons of Rhetoric specify the components of the communication act: inventing and arranging ideas, choosing and delivering clusters of words, and maintaining in memory a storehouse of ideas and repertoire of behaviors. . .  This breakdown is not as facile as it looks. The Canons have stood the test of time. They represent a legitimate taxonomy of processes. Instructors [in our own time] can situate their pedagogical strategies in each of the Canons.(Gerald M. Phillips et al., Communication Incompetencies: A Theory of Training Oral Performance Behavior. Southern Illinois University Press, 1991) As defined by the Roman philosopher Cicero and the unknown author of Rhetorica ad Herennium, the canons of rhetoric are these five overlapping divisions of the rhetorical process: Invention  (Latin, inventio; Greek, heuresis)Invention is the art of finding the appropriate arguments in any rhetorical situation. In his early treatise De Inventione (c. 84 B.C.), Cicero defined invention as the discovery of valid or seemingly valid arguments to render ones cause probable. In contemporary rhetoric, invention generally refers to a wide variety of research methods and discovery strategies. But to be effective, as Aristotle demonstrated 2,500 years ago, invention must also take into consideration the needs, interests, and background of the audience.Arrangement  (Latin, dispositio; Greek, taxis)Arrangement refers to the parts of a speech or, more broadly, the structure of a text. In classical rhetoric, students were taught the distinctive parts of an oration. Although scholars didnt always agree on the number of parts, Cicero and Quintilian identified these six: the exordium (or introduction), the narrative, the partition (or division), the confirmation, the refuta tion, and the peroration (or conclusion). In current-traditional rhetoric, arrangement has often been reduced to the three-part structure (introduction, body, conclusion) embodied by the five-paragraph theme. Style  (Latin, elocutio; Greek, lexis)Style is the way in which something is spoken, written, or performed. Narrowly interpreted, style refers to word choice, sentence structures, and figures of speech. More broadly, style is considered a manifestation of the person speaking or writing. Quintilian identified three levels of style, each suited to one of the three primary functions of rhetoric: the plain style for instructing an audience, the middle style for moving an audience, and the grand style for pleasing an audience.Memory  (Latin, memoria; Greek, mneme)This canon includes all the methods and devices (including figures of speech) that can be used to aid and improve the memory. Roman rhetoricians made a distinction between natural memory (an innate ability) and artificial memory (particular techniques that enhanced natural abilities). Though often disregarded by composition specialists today, memory was a crucial aspect of classical systems of rhetoric. As Frances A. Yates po ints out in The Art of Memory (1966), Memory is not a section of [Platos] treatise, as one part of the art of rhetoric; memory in the platonic sense is the groundwork of the whole. Delivery  (Latin, pronuntiato and actio; Greek, hypocrisis)Delivery refers to the management of voice and gestures in oral discourse. Delivery, Cicero said in De Oratore, has the sole and supreme power in oratory; without it, a speaker of the highest mental capacity can be held in no esteem; while one of moderate abilities, with this qualification, may surpass even those of the highest talent. In written discourse today, says Robert J. Connors, delivery means only one thing: the format and conventions of the final written product as it reaches the hands of the reader (Actio: A Rhetoric of Written Delivery in Rhetorical Memory and Delivery, 1993).   Keep in mind that the five traditional canons are interrelated activities, not rigid formulas, rules, or categories. Though originally intended as aids to the composition and delivery of formal speeches, the canons are adaptable to many communicative situations, both in speech and in writing.

Critical Thinking Discussion Question Essay Example | Topics and Well Written Essays - 500 words

Critical Thinking Discussion Question - Essay Example Framing a problem before offering up solutions can influence the outcome. Prior to an early morning board meeting a look out the window shows heavy snow falling. A check online at The Weather Channel shows a forecast of heavy snow for the next forty-eight hours. With this information you head down the hall to the boardroom where others are gathering. There is murmuring about the weather and the desire of many to go home. The chairman of the board enters and begins to discuss the need to draft a coordinated plan to hire contractors to build a bridge that the team designed. It is Wednesday and he wants the finished product on his desk by Friday. The others in the room are periodically glancing toward the window where they can see the snow falling. The room is quiet. The Chairman looks out the window and then back at the room full of employees. He chuckles and says: Oh yeah, grab your laptops and go home. Set up a conference call to compile your work and have it in my email box by Friday. A sigh of relief fills the room. The Chairman leaves the room followed by the team heading towards the doors with coats and laptops in hand. Problem solved! Forces of influence can change how one frames an argument and that influences the outcome.

Faith School in UK Assignment Example | Topics and Well Written Essays - 1000 words

Faith School in UK - Assignment Example However,the religious organization associated with it contributes to the cost of building the school and influences the running of the school. Finally, a faith school is a state-funded school in the United Kingdom that has recognized links with a religious organization, and its teachings are those stipulated in the general curriculum. A faith school usually contains a group of people who share the same religion and thoughts. There are many of these schools in the UK such as Muslim Faith School, Christian, Jewish and Hindu. Some people advocate the existence of faith schools in our society while others, who have a different point of view, claim that the government should not allow faith schools in the UK. Although state-funded faith schools are mostly run like the other state schools in the UK and are subjected to the same curriculum other than religious studies, they are free to teach their religion (Gibbons and Silva, 2006). Gibbons and Silva argue that the indoctrination of students in state-funded faith schools goes on without the state interfering. The students of such schools grow into the faith associated with the organization that sponsors the school. Faith schools generally ‘give priority to the applicants who belong to the faith of the school and are allowed to do that by some of the specific exemptions found in the section 85 of the UK Equality Act 2010’ (Equality Act, 2010). However, the law requires state-funded faith schools to admit other applicants in line with the school admissions code whenever they are unable to fill all their places with the applicants who belong to the faith of the school. In the recent past, unfair discriminatory admissions and employment policy of most faith schools have returned considerable argument due to its potential negative impacts on the social cohesion and ethnic integration. This essay will discuss whether the government should allow

Workplace Drug Testing Essay Example | Topics and Well Written Essays - 750 words - 1

Workplace Drug Testing - Essay Example Drug Testing may help in identifying and understanding employee situation and deciding on whether to employ a new person because drug abusers always have a certain behavior pattern. Drug abusers may find it hard to follow normal performance standard and make an individual unable to follow normal time patterns. In that case, drug testing amongst employees may boost general performance of the organization. Moreover, the Fourth Amendment of the constitution permits drug testing amongst employees thus making it a legitimate need for government agencies. Drug testing is therefore done because it is a Federal Law requirement. Finally, drug testing acts as a social responsibility because it is a way of combating drug use and saving many people’s career. When employees test positive, several companies send employees for treatment instead of laying them off.Testing Affect Employees’ RightsDrug testing tends to interfere with the privacy of individual employees to some extent. Fo r instance carrying out urine testing is intrusive and an invasion of employees’ privacy. This is because workers are asked to list all the drug prescription as well as over-the-counter drugs taken in the last 30 days. Listing the drugs taken for the last thirty days is an intrusion of privacy because it may be possible to know and understand medical histories of the employees tested for drugs. Medical reports for individuals are always confidential and should not be revealed to the third party, as is the case.

Pacific oil company Essay Example for Free

Pacific oil company Essay The Pacific Oil Company went into negotiations with Reliant Manufacturing, and its goal was to sign a more long-term agreement. Pacific assumed that the new contract would be signed with no major hurdles or objectives, and that the dominant point of negotiation would be price. Jean Fontaine, who is the marketing vice president for Pacific Oil, went into a negotiation process with Reliant. Jean started the process several years before Reliant Manufacturing’s contract was up, hoping to beat her competition to the lower price offers and leave with a contract extension of 5 years. Unfortunately, Jean did not properly research her client’s needs or adequately project what the outcome might be. Because of this, Pacific Oil Company was not prepared to address the concerns and requests that Reliant brought up during the negotiation. Though both parties wanted to move quickly toward signing a contract, Pacific Oil Company elongated this process because it did not have a thorough negotiation strategy that included a contingency plan or best alternatives. Pacific oil also neglected to draw out its best alternatives or bottom line in advance. Staying on the Same Page in Business Negotiations Pacific believed that other elements of the contract might be discussed, but that no dramatic changes would be expected. Because of Pacific’s lack of strategic planning, they wasted valuable time, money, emotional stress and energy. They also risked losing other opportunities that could have been more favorable for them. Adding to the problem was Pacific’s assumption that Reliant would sign a new contract quickly. Because of the time and money spent on traveling and negotiating back and forth, and the potential need for new technology development, which would be based on the contract’s outcome, Pacific Oil Company became increasingly desperate to finalize a contract with Reliant. As a result, Reliant obtained the advantage needed to make more demands during negotiations. Additionally, Reliant was aware of Pacific Oil’s dependence on its business, and took full advantage of these opportunities.

Comparing Cultures in Heaneys Opened Ground and Roys The God of Small

Comparing Cultures in Heaney's Opened Ground and Roy's The God of Small Things Many authors use experience in their lives to influence their writing. In the cases of Seamus Heaney and Arundati Roy, the experiences in their life and the experience that their countries went through shape their poems and stories in unimaginable ways. For example, Heaney puts into his poetry many experiences that his country, Ireland, went through. These experiences include the rise of war in Ireland between the Catholics and the Protestants and also the influence that England has on the situation in Ireland. Roy on the same note brings into her story, The God of Small Things, experiences that India went through after British rule and the fear of communism that arose in certain parts of India after the British made India a free nation. Through both of these authors’ writings, readers can see the effect that English rule had upon both of the different nations and the aftermath of the English influence on both India and Ireland. In Heaney's book of poetry entitled Opened Ground, Heaney shows the readers many different ways in which English rule and influence effected and changed the lives of different people in Ireland. For example, in Two Lorries, Heaney describes a man who is a coal deliverer and his love for Heaney's mother. As the poem progresses, we can see a metamorphosis in the lorry. As the political situation in Ireland escalates and war between different religious factions grows more immanent, the lorry changes from a man who falls in love with Heaney's mother to a raving political and religious war type man who needs to become involved in the skirmish between the religious groups and by doing this eventually blows... ...e and have their morals and institutions put on them or become a communist nation and be told everything that must be done and not have many choices. Both Heaney and Roy do a very good job to show and discuss how their culture and English culture have both effected and made their cultures what they are today. Heaney shows us that the English have given much of their culture and morals to many of the Irish but also shows us how the other people of Ireland were effected by English Rule. Roy also shows us how the English affected Indian culture and how Indian families were affected by both the English rule and how post English rule affected the lives of many people throughout India. With their own styles and writings, Heaney and Roy give us a good look into how both Indian and Irish cultures are today and how they were back in the time of English rule. Comparing Cultures in Heaney's Opened Ground and Roy's The God of Small Comparing Cultures in Heaney's Opened Ground and Roy's The God of Small Things Many authors use experience in their lives to influence their writing. In the cases of Seamus Heaney and Arundati Roy, the experiences in their life and the experience that their countries went through shape their poems and stories in unimaginable ways. For example, Heaney puts into his poetry many experiences that his country, Ireland, went through. These experiences include the rise of war in Ireland between the Catholics and the Protestants and also the influence that England has on the situation in Ireland. Roy on the same note brings into her story, The God of Small Things, experiences that India went through after British rule and the fear of communism that arose in certain parts of India after the British made India a free nation. Through both of these authors’ writings, readers can see the effect that English rule had upon both of the different nations and the aftermath of the English influence on both India and Ireland. In Heaney's book of poetry entitled Opened Ground, Heaney shows the readers many different ways in which English rule and influence effected and changed the lives of different people in Ireland. For example, in Two Lorries, Heaney describes a man who is a coal deliverer and his love for Heaney's mother. As the poem progresses, we can see a metamorphosis in the lorry. As the political situation in Ireland escalates and war between different religious factions grows more immanent, the lorry changes from a man who falls in love with Heaney's mother to a raving political and religious war type man who needs to become involved in the skirmish between the religious groups and by doing this eventually blows... ...e and have their morals and institutions put on them or become a communist nation and be told everything that must be done and not have many choices. Both Heaney and Roy do a very good job to show and discuss how their culture and English culture have both effected and made their cultures what they are today. Heaney shows us that the English have given much of their culture and morals to many of the Irish but also shows us how the other people of Ireland were effected by English Rule. Roy also shows us how the English affected Indian culture and how Indian families were affected by both the English rule and how post English rule affected the lives of many people throughout India. With their own styles and writings, Heaney and Roy give us a good look into how both Indian and Irish cultures are today and how they were back in the time of English rule.

Chapter 4 Of Carter’s Book Essay

Warren Carter’s book offers the necessary understanding of the Christianity’s initial stages. The book’s structure is such that it revolves around seven important events that had a great impact on Christianity in early times. They briefly include the following: the demise of Alexander , comparison between Jesus and Alexander, the translation’ process of scriptures from Hebrew to Greek, the Jerusalem temple rededication that analyses the Maccabean revolt and its contribution to Jewish identity and the occupation of Romans of Judea gives a description of the roman rule in Judea and the Christian’s response on it. The chapter also include: Jesus’s crucifixion as addressed in the fifth event and herein an explanation is given for his crucifixion, the next event is the writing of the texts in the New Testament and the final event is the process of closure of the New Testament Canon. In this book, Carter explores both social and historical contexts. He explores the significance of the happenings during development of Christianity in early times. Even though the book’s content is in an ancient context, that reflections are relevant in today’s times. Chapter 4 discusses the existence of Roman’s power in Judea and the cities around it by Pompey who was the commander and the traitor of Judeans King Herod. It also shows the historical events that Judeans went over during that early time. In chapter 4, it highlights the Roman occupation of Judea and the takeover by Rome as it maintained power. Carter notes that â€Å"when imperial power is asserted, winners and losers will always be there†. The biggest losers in this case were Hasmoneans and Judeans while the winners were Romans, King Herod and his sons Archelaus, Antipas, and Philip. In the chapter, Herod has kept a tight grip of Judea. As a leader, he is quite biased and exercise ruthless power over his subjects regardless of them being Roman or Jewish. His actions were ridiculous as he was willing to commit any crime in order to satisfy his ambition. He would punish and execute anyone objecting his way of ruling even close people such as his wife, children, and his mother in law. Also, he was willing to do whatever is needed to maintain and please his relationship with his Romans bosses because he realized that Rome’s empire had started. On the other hand, he was successful in maintaining a tight grip because of his development projects in Judea. Herod offered excuses for being such a vicious ruler such that Judeans were in constant negotiation with him. The approaches to negotiation were as follows: â€Å"some waited for God’s actions through the Messiah while others found justice in entirely different ways† . There was a mixture of different things that happened in the period, and others sought for independence and a secure future, and some were violent in an endeavor to be more appealing to the Romans. The locals thus had varying evaluation of the rulers with some applauding them and others rebuking them in totality. The Judeans chose different ways in which they negotiated Roman presence and power. According to Carter, these negotiations involved the faith they placed in the Messiah. This was such that they waited for the intervention of the Lord through the Messiah’s sending. In so doing, they were in constant prayer with the hope that everything will change to the better. Others consulted and explored it through different ways that entailed involvement in acts of violence. The Judeans believed that the Messiah would save them from King Herod’s oppressive rule as well as the desecrating Romans. Several approaches have been used in trying to represent opposition and accommodate them in studying the New Testament. This methodology focuses mostly on power of ideological power struggles between imperial and native forces. In the first century CE, chapter 4 discusses how the Roman Empire exercised political authority over Jewish authorities. The mark’s gospel represents a form of resistant literature. This resistant indicates that Jesus ‘portrayal is not an attempt to abolish the whole structure of Empire but replacement to the emperor with the true Lord. This Postcolonial criticism is clear attempts to explore how authors in the ancient tried to negotiate dynamic power as a subjugated group’s members. In this chapter, one is enlightened on the genesis of Christian movement and in so doing helping in the understanding of the New Testament. In this discussion, it lights many historical events that may not briefly showed or discussed in details in Matthewâ€⠄¢s Gospel in the New Testament. In addition, the diversity selection of stories chosen by Carter in the emergence of the New Testament plays a huge role in giving more insights into its development. The factual information provided on the development of Christianity plays a significant role of shading light on the situation of events. The socio-cultural happenings offer a new perspective on the New Testament. The several illustrations in the book and the textual aids play a huge role in making the reader understand the New Testament fully. In the chapters of Carter’s book, both social and historical contexts are well explored. He explores the significance of events in that time to the development of Christianity in early times. Even though the chapter’s content is in an ancient context, the reflections are relevant in today’s times. Warren Carter’s book offers the necessary understanding of the initial stages of Christianity. The book’s structure is to revolve around seven important events that had a great impact on Christianity in early times. This chapter thus plays a tremendous role in further understanding of the New Testament to modern day Christians. The historical happening put things in perspective and assists in the following of the stories revealed in the New Testament. References Carter, Warren. Seven Events that Shaped the New Testament World. Grand Rapids: Baker Academic, 2013. Source document