Saturday, November 30, 2019
Secondary Data free essay sample
Q) What are Secondary Data? Secondary Data Secondary data is information gathered for purposes other than the completion of a research project. Data previously collected by someone else, possibly for some other purpose that can be used later for making decisions if found suitable for the purpose, other than the original one. Secondary data can be acquired from the internal records of the organization, their departments, subsidiaries or sister organizations and also from external sources, such as chambers of commerce, government, professional and commercial consultants subject to the availability of data . e. g. , data in books, journals, newspapers, magazines, etc. †¢ e. g. , data in reports, surveys, etc A variety of secondary information sources is available to the researcher gathering data on an industry, potential product applications and the market place. Secondary data is also used to gain initial insight into the research problem. Secondary data is classified in terms of its source – either internal or external. We will write a custom essay sample on Secondary Data or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Internal, or in-house data, is secondary information acquired within the organization where research is being carried out. External secondary data is obtained from outside sources. The secondary information will provide a useful background and will identify key questions and issues that will need to be addressed by the primary research. BENEFITS †¢ Low cost †¢ Less effort †¢ Less time †¢ At times, more accurate †¢ At times, only way to obtain data LIMITATION †¢ Collected for some other purpose †¢ No control over data collection †¢ May not be accurate †¢ May not be in correct form †¢ May be outdated †¢ May not meet data requirements †¢ Assumptions have to be made Q) What are the major problems encountered with Secondary Data? It is necessary that the secondary data are taken from a source which obtained from the original source, and then a secondary source is being used. It is important to avoid the use of secondary sources by using only the original sources for a Secondary Data. The other problems may include: †¢ Secondary information pertinent to the research topic is either not available, or is only available in insufficient quantities. †¢ Some secondary data may be of questionable accuracy and reliability. Even government publications and trade magazines statistics can be misleading. For example, many trade magazines survey their members to derive estimates of market size, market growth rate and purchasing patterns, then average out these results. Often these statistics are merely average opinions based on less than 10% of their members. †¢ Data may be in a different format or units than is required by the researcher. †¢ The methodology used by the party for collecting the secondary data is not explained and the accuracy level may not be verified. Much secondary data is several years old and may not reflect the current market conditions. Trade journals and other publications often accept articles six months before appear in print. The research may have been done months or even years earlier. Q) What are the major sources of Internal Data? Internal Data Internal secondary data is usually an inexpensive information source for the company conducting research, and is the place to start for existing operations. Internally generated sales and pricing data can be used as a research source. The use of this data is to define the competitive position of the firm, an evaluation of a marketing strategy the firm has used in the past, or gaining a better understanding of the company’s best customers. The main sources of internal data may include: 1. Sales and marketing reports. These can include such things as: †¢ Type of product/service purchased †¢ Type of end-user/industry segment †¢ Method of payment †¢ Product or product line †¢ Sales territory †¢ Salesperson †¢ Date of purchase †¢ Amount of purchase †¢ Price †¢ Application by product †¢ Location of end-user 2. Accounting and financial records. These are often an overlooked source of internal secondary information and can be invaluable in the identification, clarification and prediction of certain problems. Accounting records can be used to evaluate the success of various marketing strategies such as revenues from a direct marketing campaign. There are several problems in using accounting and financial data. One is the timeliness factor – it is often several months before accounting statements are available. Another is the structure of the records themselves. Most firms do not adequately setup their accounts to provide the types of answers to research questions that they need. For example, the account systems should capture project/product costs in order to identify the company’s most profitable (and least profitable) activities. Companies should also consider establishing performance indicators based on financial data. These can be industry standards or unique ones designed to measure key performance factors that will enable the firm to monitor its performance over a period of time and compare it to its competitors. Some example may be sales per employee, sales per square foot, expenses per employee (salesperson, etc. ). 3. Miscellaneous reports. These can include such things as inventory reports, service calls, number (qualifications and compensation) of staff, production and RD reports. Also the company’s business plan and customer calls (complaints) log can be useful sources of information. COMMON SOURCES OF INTERNAL SECONDARY DATA Information originating within the company 1. Sales invoices a. Customer name b. Address c. Class of product/service sold d. Price by unit e. Salesperson f. Term of sales g. Shipment point 2. Accounts receivable reports a. Customer name b. Product purchased c. Total unit and dollar sales d. Customer as percentage of sales . Customer as percentage of regional sales f. Profit margin g. Credit rating h. Items returned i. Reason for return 3. Quarterly sales report a. Total dollar and unit sales by: Customer Geographic segment Customer segment Sales territory Product Sales report Product segment b. Total sales against planned objective c. Total sales against budget d. Total sales against prio r periods e. Actual sales percentage increase/decrease f. Contribution trends 4. Sales activity reports a. Classification of customer account i. e. Mega, Large, Medium and Small b. Available dollar sales potential c. Current sales penetration d. Existing bids/contracts by customer location product Q) What is a computerized Data Base? COMPUTERIZED DATA BASE A database is simply a collection of related information. More specifically a computerized database is a computerized record keeping system. More completely, it is a system involving data, the hardware that physically stores that data, the software that utilizes the hardwares file system in order to 1) store the data and 2) provide a standardized method for retrieving or changing the data, and finally, the users who turn the data into information. For many companies, a computerized database containing information about customers and prospects has become an essential marketing tool. Creating an internal marketing secondary database built upon sales results and customer preferences can be a powerful marketing tool. Databases dealing with published information usually found in libraries, such as books, articles and other types of documents, are commonly called bibliographic databases. Computerized databases published secondary data, the Internet, and internal databases are important parts of an organization’s information system. Intelligent decision making is always predicated on having good information. †¢ When a person uses an automated teller machine to withdraw money from the bank account, he/she is using a computerized database. †¢ When a travel agent makes an airline reservation for the customers, he/she is using a computerized database. †¢ When a telephone operator gives the customer a phone number, he/she is using a computerized database. Any significant collections of information stored on computers are virtually always organized as databases and are known as computerized data base. Computerized Database On-line vendors purchase (rent) databases from a number of suppliers and sell to the subscribers (e. g. services provided by America Online, DIALOG). ON-LINE DATABASES Provide http: easy and direct access to public information through a computer. There are about 7,000 databases on a variety of topics that one can use. Q) Describe a specialized online data base of marketing manager? An online database which can be used by a marketing manager for Substantial Cost Savings, for Increasing the understanding of the Decision Environment, Upgrading the Decision-Making Effectiveness, Improving the Information Value. This may include: †¢ Internet – World-wide telecommunications network that allows computers to access data, files, pictures and sound throughout the world. †¢ World Wide Web – Component of the Internet designed to make transmission of text and images very easy. †¢ Uniform Reference Locator (URL) – Internet address that identifies a specific location. – A typical Web address looks like the following: http://www. microsoft. com †¢ Search Engines – Internet search directories to aid in locating topics of interest and URLs. – An example is Yahoo at http://www. yahoo. com On-line Databases Consist of: Internet, Direct from Vendors, Direct from Producer, Indirect through Networks Organizations Must Create a Database Management System. Managers must be trained on How to Retrieve Information and How to Manipulate the Data Using Database Management Software. A marketing manager can use a specialized data base to fulfill his/her tasks effectively and efficiently through: †¢ Internet †¢ Website †¢ Emails †¢ Online Subscriptions †¢ Online queries †¢ Online Feed back †¢ Newsgroups on the Internet †¢ Internet sites devoted to a specific topic where people can read and post messages. †¢ Databases on CD ROM A number of companies offer database packages on CD ROM for personal computers that is very useful for manager in decision making and other tasks. †¢ Geographic Information Systems †¢ Computer-based system that uses secondary and/or primary data to generate maps that visually display answers to research questions. †¢ Decision Sup port System – Through Online Data Base an interactive, personalized MIS, designed to be initiated and controlled by individual decision makers. – Managers use decision support systems to conduct sales analyses, forecast sales, evaluate advertising, analyze product lines, and keep tabs n market trends and competitor analysis. Creating Databases from a Web Site -A Marketing Manager’s Dream – Customer’s link to an online store is a two-way electronic link – Allows online merchant to gather information about the customer – Text file place on a user’s computer in order to identify the user when there is a return visit to the Web site. – Helping Managers in creation of a large computerized file of customers’ and potential customers’ profiles and purchase patterns. – It is the fastest-growing use of internal database technology. A manager has to build company’s online Pages on Search Engines. Working online to find out target audiences and provide them information through Internet services performing internet marketing services that are mention above. The services are designed to help the company’s website increase its. Through this Online Database a marketing Manager is able to get, Demographic Dimensions Population growth: actual and projected Population density In-migration and out-migration patterns Population trends by age, race, and ethnic background Employment Characteristics Labor force growth Unemployment levels Percentage of employment by occupation categories Employment by industry Economic Characteristics Personal income levels (per capita and median) Type of manufacturing/service firms Total housing starts Building permits issued Sales tax rates Competitive Characteristics Levels of retail and wholesale sales Number and types of competing retailers Availability of financial institutions International Market Characteristics Transportation and exporting requirements Trade barriers Business philosophies Legal system Social customs Political climate Cultural patterns Religious and moral backgrounds Common Government Documents Used as Secondary Data Sources Statistics of Income Survey of Current Business Through a specialized Online Data Base a marketing manager able to get up-to-date information. A marketing Manager able to, †¢ Evaluate sales territory. †¢ PLC †¢ Identify most profitable and least profitable customers. †¢ Identify most profitable market segments and target efforts with greater efficiency and effectiveness. †¢ Aim marketing efforts to those products, services, and segments that require the most support. †¢ Increase revenue through repackaging and re-pricing products for various market segments. Evaluate opportunities for offering new products or services. †¢ Identify products or services that are best-sellers or most profitable. †¢ Evaluate existing marketing programs. †¢ Database Technologies †¢ Database technologies continue to evolve. For example, Fingerhut, a database firm, uses a Sun Microsystems parallel co mputer, whereas American Express relies on Thinking Machines Corporation’s supercomputers. †¢ Renting Internal Databases †¢ Some companies rent their internal databases to obtain extra income, although this can lead to ethical questions. [pic]
Monday, November 25, 2019
Respiration inverstigaton essays
Respiration inverstigaton essays The aim of this experiment is to measure three aspects of human breathing. Tidal volume; volume of air that moves in and out of the lungs during one cycle of breathing. Breathing rate the rate at which breathing takes place. Vital capacity the measure of the volume of the subjects lungs The respond of the tidal volume and breathing rate to oxygen demand will also be measured. The lungs are the site where gaseous exchange occurs. Breathing is the way in which air enters and leaves the lungs, passing through the trachea, bronchi and bronchioles. Breathing consists of two parts, taking air into the chest (inhalation) and breathing air back out again (exhalation). Pressure changes are involved in breathing; these changes bring about the movement of air in and out of the lungs. The ribs support the body wall of the thorax, which has a dome shape base formed by the diaphragm. When inhaling air the intercostals muscles contract raising the ribs upwards and outwards. The diaphragm contracts and is lowered and flattened. This then results in the volume of the thorax increasing, which means the pressure in the thorax decreases. As the pressure is lower in the chest cavity than the atmospheric pressure of the air outside the lungs, the air is drawn in the chest cavity via the upper respiratory passage. When exhaling, muscles of the diaphragm and the intercostal muscles relax. The ribs move inwards and down, resulting in a decrease in the volume of the thorax. This causes an increase in pressure. The pressure is now higher i n the lungs the atmospheric pressure, air moves out of the lung through the same upper passage as in inhaling. The body needs oxygen to be constantly delivered and carbon dioxide removed so, breathing occurs throughout our lives. The pattern of breathing varies under conditions of exercise, stress, fitness, etc. ...
Friday, November 22, 2019
Business of Petroleum Companies for Woodside help
The following study analyzes three different global petroleum companies namely Woodside, Chevron and Petro China. The analysis has been done on the basis of the business operations of these companies. The following companies have been strategically selected to make sure that they come from different regions of the world. The selected companies are there from different parts of the world namely USA, China and Australia. The selection of the companies from the different regions of the world has been done to identify the different strategies of the organizations in different areas. The following study will clearly sort out the different ideas regarding the business operations, strategies and the financial considerations of these corporations. Chevron Corporation is an American multinational energy corporation that has its headquarters in California and has its operations spread in 180 different countries in the world. The company has annual revenue of around $140 billion (chevron.com 2018). Apart from producing and exporting petroleum the company has also alternative energy manufacturing facilities where they produce solar power, wind power, geothermal energy, bio-fuel and many other such similar products. The company owns a number of different assets that makes them one of the topmost companies in the oil sector. The company owns a number of subsidiaries and has also stakes and shares in many of the different oil companies of the world. Apart from this it owns a large number of oil fields and has a number of strategic oil reserves. Chevron’s operations is spread over 180 different countries in the world and thus it can be truly said to be a global company. The annual revenue of the company is slated to around $141.722 billion. The company has a net oil production of 2.6 million barrels per day and a reserve capacity of around 11.1 million barrels of proven reserves. The total sales revenue of the company stands at a huge amount of $110.2 billion with its assets amounting to $260.1 billion. A table showing the financial summary of the company is provided below;                                    2017                           US$ 141.722 billion                           US$ 2.480 billion                           US$ 9.195 billion                           US$ 265 billion                           US$ 148.124 billion The management of Chevron Corporation has been dedicated to continue generate different industry leading operational and financial results and advancement of important projects to drive the future growth of the organization as well as the countries where it operates. The rise in the energy demands of the world has driven the strategies of the mentioned oil company of America. The compelling growth profile of the organization, combined with the fall in the spending levels of the capital is believed to be the extreme catalyst for the creation of strong and compact strategic values for the companies ahead (Forsgren 2017). The upstream portfolio of the mentioned organization leads the following industry in quality and breadth. The management of the company has formulated the particular strategy to plan a disciplined investment approach and have been constantly involved in management of the portfolio to increase the value of the shareholders of the company. Thus the company strategies hav e been formulated in the perfect way to achieve the best results in the industry. The mentioned company has also formulated a downstream policy where the production is dedicated for residential purpose, supplying to the companies, petrochemicals supply and also supply to small or large business concerns. Both the upstream as well as downstream policy are important for the effective strategy of the business.  ·Ã‚        The company ranks 63 rd in annual brand finance report and is the 5 th largest oil company of the world  ·Ã‚        A number of legal issues are being faced by the company in different countries  ·Ã‚        Integration of producing, refining and then selling products  ·Ã‚        Poor financial projections for the coming years.  ·Ã‚        Massive geographic presence across 180 countries of the world  ·Ã‚        The rise in debts has been another major disadvantage for the company. The debt of the company has reached around $ 40 billion from $ 28 billion in a span of just one year.  ·Ã‚        11.2 million barrels of oil reserves which is one of the largest. It has 48485 productive wells  ·Ã‚        The implementation of new technologies by other companies have been a disadvantage for Chevron The management of Chevron Corporation has been a driving force for the oil economy of USA. The presence of the company in almost every part of the world is an added advantage for them as they export their products in these countries and earn a huge amount of revenue which in turn is utilized for their productive growth. The management however needs to overcome some of the main disadvantages to attain the topmost position in the oil sector. The mentioned company is Australia’s largest oil and gas company. It is not only the only dedicated oil and gas producing company in the island continent but also its largest operator. The company is listed in the Australian Securities Exchange and has its headquarters in Perth, Western Australia (woodside.com 2018). The main assets of the company include the number of facilities in Australia as well as in other parts of the world. This includes Development projects in USA, Canada, Myanmar and many more such areas. Other assets include exploration facilities in Peru, Morocco, Senegal, Canada and many more as such. The Australian oil company produced huge amount of oil in the year 2016 and created a new record surpassing the earlier one by producing a huge amount of LNG and also by achieving healthy amount of sales of the following product. According to the financial reports of the company the annual revenue of the company in the year 2017 stood at $4075 million and net income figured out at more than $850 million (Dissanayake, Nayana, Bo and Peng 2015). The shareholders of the organization earned an amount of more than 100 cents from each of the share of the company. The main strategies of the company include the increase in the production level and also to speed up the different developmental projects of the world. Among the most important strategy which is believed to be the topmost priority of the organization is the operational clearance for the Wheatstone LNG facility and also to concentrate on the key focus areas to be the best company of the world (Jin et al. 2016). Its exports or the upstream strategy is mainly to a number of Asian and African countries along with supplies to New Zealand. The company is the largest supplier of domestic fuel in the island continent and has largescale operations that have its wings spread across the length and breadth of the mentioned country.   ·Ã‚        Leading market position in Australia helps to secure a sustainable and competitive position  ·Ã‚        Legal problem regarding land acquisition  ·Ã‚        Largest producer of LNG in Australia  ·Ã‚        Increase in the production from shale plays is a disadvantage for the organization  ·Ã‚        High quality strategic assets in different areas of the world  ·Ã‚        Huge operating risks associated with exploration and production of oil and gas in Australia The management of Woodside Corporation has plans to implement the best strategies to keep up with the upward growth and demand of oil and other petroleum products like Shale and Natural Gas. The optimization of the existing assets of the company along with the proper commercialization of the products is important for the growth of the business. Petro China Limited is one of the largest oil companies of the world and the largest among the various oil producing companies in China (petrochina.com 2018). The company is listed in Hong Kong stock exchange, Shanghai stock Exchange as well as New York stock exchange. The company has its headquarters in Beijing China and produces a number of different oil and petroleum products apart from producing oil. The other products include Lubricants, Natural Gas, Shale, LNG and many other such different items (Caineng et al. 2016). The assets of the company include the large number of oil mines and factories another development centers in China and Asia as well as in different areas of the world (petrochina.com 2018).  The financial summary of the mentioned company is quite impressive in nature which can be seen in the table below;  ·Ã‚        1.616 trillion Chinese Yuan  ·Ã‚        60.6 billion Chinese Yuan  ·Ã‚        2.396 trillion Chinese Yuan  ·Ã‚        1.372 trillion Chinese Yuan The mentioned Chinese company has based its strategy on the maximization, diversification and proper replacement of different hydrocarbon resources that adheres to the principles of attachment of equal importance to oil and gas that helps to increase the exploration of the domestic resources as well as the increase in the investment to acquire facilities outside China (Subhankulova et al. 2015). The management of the company also has a proper internationalization plan in the offing which will surely make them one of the best in the business (Jin et al. 2016). The company supplies refined oil and fuels to facilitate transportation in China. It is believed to be the driving force of the nation. The company has extensive operations involving exploration, mining, digging for oil in various countries of the world.  The company exports oil as well as is the largest supplier of different kinds of fuels for use in the households as well as for commercial purpose. The aim of the company is to manufacture the secondary fuels from oil and then market it for use in the future (Forsgren 2017).  ·Ã‚        Controlled by the China National Petroleum Company  ·Ã‚        Cost of different hazards to the environment and cost of taking precautionary risk is a huge challenge for the Management of the organization  ·Ã‚        Huge scope of Operations as it is the biggest producer in China  ·Ã‚        Decline in the operations of China  ·Ã‚        Presence of Huge number of employees which is over 500,000 is a big form of advantage for the organization  ·Ã‚        The biggest disadvantage lies in the controversy surrounding the Western gas to East Pipeline project controversy The following report has clearly highlighted the stature of Petro China in Asia as well as the world. It has aims to increase its production and act as a driving force to the economy of China. However the recent incidents related to oil spill and other major accidents has led the company to huge losses. The management must take the appropriate actions to take care of the following and lead towards prosperity. The three companies as mentioned in this report have their own base of operations and a different form of project execution. Among the mentioned three Chevron Corporation and Petro China are the largest in stature and they have the resources to be the world’s best in terms of global oil production. However it can be seen some common problems involving scandals, accidents and debts has crippled the management of the industries and have acted as a barrier to their smooth growth. However the exploration, extraction and production of substitute oil products like shale gas, LN G have paved the way for the changing paradigm of the companies towards a more bright and innovative future "Woodside Energy | Home." Woodside.com.au. N.p., 2018. Web. 10 Apr. 2018. Caineng, Zou, Yang Zhi, Pan Songqi, Chen Yanyan, Lin Senhu, Huang Jinliang, Wu Songtao et al. "Shale gas formation and occurrence in China: an overview of the current status and future potential." Acta Geologica Sinica (English Edition) 90, no. 4 (2016): 1249-1283. Chevron Policy, Government and Public Affairs. "Chevron Corporation - Human Energy." chevron.com. N.p., 2018. Web. 10 Apr. 2018. Dissanayake, Nayana, Bo Xia, and Peng Wu. "Measuring sustainability performance within the Australian energy industry." In Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, pp. 135-143. Springer, Berlin, Heidelberg, 2015. Forsgren, Mats. Theories of the multinational firm: A multidimensional creature in the global economy. Edward Elgar Publishing, 2017. Jin, Liu, Du Jianping, Peng Yunhui, Zhou Zhi, and Petrochina Zhejiang Oilfield. "Shale Gas Drilling and Completion Technologies in Jingmen Area of Dangyang Synclinorium." Unconventional Oil & Gas 2 (2016): 013. Lima-de-Oliveira, Renato, and Timothy Sturgeon. "From Resource Extraction to Knowledge Creation: Oil-Rich States, Oil Companies and the Promotion of Local R&D." Petrochina" Petrochina.com.cn. N.p., 2018. Web. 10 Apr. 2018. Rincà ³n, Luis E., Monica J. Valencia, Valentina Hernà ¡ndez, Luis G. Matallana, and Carlos A. Cardona. "Optimization of the Colombian biodiesel supply chain from oil palm crop based on techno-economical and environmental criteria." Energy Economics 47 (2015): 154-167. Subhankulova, Rimma, Kirill Furmanov, and Natal'ya Ivanova. "Assessing Comparative Advantages in Operating and Capital Expenditures of Oil Producing Companies." (2015): 271-289.
Wednesday, November 20, 2019
Interpersonal Communication Essay Example | Topics and Well Written Essays - 1000 words - 1
Interpersonal Communication - Essay Example The loathing effect is expressed even by her staffs who call her a witch when she is not around. She is a person who would give all for career and has no time for friendship or relationships. Outside the office, Margaret Tate is a woman who lives in her life. She is lonely as she has no time and traits for friendship. Her executive assistant, Andrew Paxton, is an ambitious individual who has a dream of becoming an outstanding editor. His stay as Margarets executive assistant is not easy since he loathes her as any other staff in the office. Besides, he has served Margaret Tate for three- years with the primary intention being to see his dream come true. One day Margaret learns that she cannot serve her capacity as the senior editor anymore; not because of her incompetence but out of her work visa expiration. The company board chair feels that she cannot continue with her job since she is to be deported to Canada. As she still tries to take in the news, Andrew appearance saves her day . In her smartness, she thinks quickly and tells Bergen, the board chair, that she is engaged to Andrew, and they are getting married soon. She later convinces Andrew that she will promote him to the editors post if he agrees to the proposal. In addition, she guarantees Andrew that his manuscript that he gave her to read will be published if the deal goes through. Andrew being a man of big dreams sees the deal as an opportunity to his success and agrees to it. After all, Margaret had convinced him that letting her lose the job would mean he also was going to be jobless. Mr. Gilbertson, an United States of American immigration agent, suspects that the two are up to committing fraud. He calls them for questioning and gives them time after which they will be asked questions differently, of which, failure to match will lead to heavy punishments. The couple traveled to Alaska to meet Andrews parents, a
Tuesday, November 19, 2019
How To Recruit And Train New Employees Research Paper
How To Recruit And Train New Employees - Research Paper Example Certain methods of recruiting new employees are likely to be preferred HR managers as they have been extensively tested and their effectiveness has been verified in practice. Challenges that employers have to face when having to recruit new employees A series of issues need to be taken into consideration by employers when they have to recruit new employees. Training of new employees Why training is necessary in modern organizations The necessity of training within modern organizations can be justified by referring especially to the following fact: new employees cannot respond to their duties unless they are given clear explanations on the vision and values of the organization but also on the demands of their position. Training methods used in firms worldwide in regard to new employees HR managers are able to choose among a series of training methods appropriate for new employees; the training methods chosen for new employees depend on the organizational environment, the demands of each role but also on the capabilities of the participants/ new employees. Challenges related to the training of new employees Training is not equally effective among new employees, even when referring to new employees hired in the same department. A series of factors can influence the performance of new employees in regard to a particular training method. Conclusions and Recommendations The recruitment and training of new employees are affected by various conditions in the internal and external organizational environment. HR managers have the responsibility to ensure that the recruitment and training of new employees are carefully planned so that risks are minimized and the needs of the organization involved are covered. 1. Introduction The achievement of organizational goals is highly depended on the ability of leaders to support employees within all organizational departments. However, during the development of organizational activities the need for increasing the staff of the organization is expected to appear. In this context, recruiting new employees becomes unavoidable for HR managers in all organizations. Today, the recruitment of new employees is considered as a key organizational sector, helping to address emergent organizational needs or to develop complex organizational tasks. In order for new employees to respond to the needs of their role they have to be adequately supported; appropriately customized training programs are available to new employees in organizations worldwide. The methods used by HR managers in regard to the recruitment and training of new employees are analysed in this paper. Reference is also made to the challenges that HR managers are likely to face when developing such projects. The value of these initiatives is also explaining aiming to justify the reasons for which these projects are highly promoted within organizations in all industries. The review of the literature published in the specific field reveals that leaders in modern organization are aware of the value of new employees for securing orga nizational performance; however, often, the methods chosen for incorporating new employees within the organization are not appropriate, either because of the strong resistance within the
Saturday, November 16, 2019
Applying Resource Based View to Strategic Human Resource Essay Example for Free
Applying Resource Based View to Strategic Human Resource Essay What is Resource Based View in Strategic Management? Almost all business management courses have a module that includes study of strategic management. Our homework helps experts have expertise in the field of strategic management. There are different perspectives and approaches to field of strategic management. This blog post would discuss in detail what resource based view of strategic management is. This perspective stresses and based on the perspective that resources of the company whether tangible or intangible like brand name, assets, cash, customer loyalty, research and development capabilities are an important and main aspect while forming or pursuing a unique strategic position for a company. This concept of strategic management rather than being driven by the environment is internally resource driven and in this perspective of strategic management the organization is viewed as a collection of capabilities and competences. Organizations leverage new actives from its existing core competencies. According to Barney (1991) analysis of the impact of a firm’s environment on its competitive position is based on two assumptions. First, firms within an industry or a strategic group are identical in terms of strategic relevant sources they control and the strategies they pursue and second, these models assume that should resources heterogeneity develop in an industry or group will be very short lived because the resources that firms use to implement their strategies are highly mobile i. e. they can be bought or sold in factor markets (Barney, 1991). Resource based view assumes that companies within an industry or group may be heterogeneous with respect to the strategic resources they control and these are not perfectly mobile, thus heterogeneity can be long lasting (Barney, 1991). Simply, it is suggested that firm resources may be heterogeneous and immobile. According to Daft (1983), firm resources include all assets, capabilities, organisational processes, firm attributes, information, knowledge, etc. controlled by a firm that enable the firm to conceive of and implement strategies that improve its efficiency and effectiveness. According to Barney (1991), firm resources that hold the potential for sustained competitive advantage must have four attributes which are valuable, rare, In-imitable, and non-substitutable. So in resource based view of the firm, strategy of the firm is basically dependent on firms’ resources. This view again as the market based view is focus on some important aspects but at the same time ignores some other basic aspects of strategy formulation for a company. So resource based view of the firm is also not a balanced view. We hope that this blog post is useful for the students and practitioners of the field ofstrategic management. Please email us [emailprotected] com if you need any strategic management helpregarding the module of strategic management. The Resource Based View (RBV), argued by some to be at the foundation of modern HRM,[13] focusses on the internal resources of the organisation and how they contribute to competitive advantage. The uniqueness of these resources is preferred to homogeneity and HRM has a central role in developing human resources that are valuable, rare, difficult to copy or substitute and that are effectively organized. Overall, the theory of HRM argues that the goal of human resource management is to help an organization to meet strategic goals by attracting, and maintaining employees and also to manage them effectively. The key word here perhaps is fit, i. e. a HRM approach seeks to ensure a fit between the management of an organizations employees, and the overall strategic direction of the company (Miller, 1989). The resource-based view to strategic human resource management (SHRM) focuses on the costly to copy attributes of the firm as the fundamental drivers of performance and competitive advantage (Cooner 1991). Linking to the understanding of the resource based view of the firm; Barney (1991) described competitive advantage as â€Å"when a firm is implementing a value creating strategy not simultaneously being implemented by any current or potential competitors†. The task is to maintain this competitive advantage in such a way that competitors’ efforts to replicate that advantage are frustrated and eventually cease. The resource-based view focuses on the promotion of sustained competitive advantage through the development of the human capital rather than merely aligning human resources to current strategic goals (Torrington et al 2002). This essay will show various ways on how the resource-based view of SHRM in organisations can contribute to enhanced organisational performance. Human resources can provide competitive advantage for the business, as long as they are unique and can not be copied or substituted for by competing organisations, competitive success not coming from simply making choices in the present, but from building up distinctive capabilities over significant periods of time (Boxall 1996).
Thursday, November 14, 2019
Alexander The Great Essay -- essays research papers
Alexander The Great was one of the greatest emperors and leaders of the world. In fact, he was the only emperor to be called, "The Great." He had studied under a great Greek Philosopher, Aristotle, who taught Alexander literature, science, medicine, philosophy and to speak and write well. Alexander was the son of Philip of Macedonia. Philip became king of Macedonia in 359 B.C., but died in 336 B.C. He left his kingdom to Alexander. Alexander ruled for only thirteen years but he succeeded far beyond what his father had planned. After his father's death in 336 B.C., Alexander became king of Macedonia. He strengthened his claim of king by quickly stopping revolts by Athens, which tried to break away from Macedonia, by destroying the city of Thebes, and by defeating neighboring lan...
Monday, November 11, 2019
Discuss The Role of Curley’s Wife In The Novel Of Mice And Men Essay
In this novel, Curley’s Wife’s main function or purpose is her representation of one type of female in that time of American history. She seems to be the sort of person who is well calculated in her actions. She likes to make herself attractive by using make-up, when she wears shoes with red â€Å"Ostrich Feathers†she doesn’t need to wear them on a dust ranch, but she does. She dreams of being a movie or â€Å"Talkie†star, she tells Lennie this, in a rare show of confidence. She is not a stereotype but I think that her character is quite predictable. In the video adaptation she seems to be friendly because of her appearance and the way in which she says words. When she doesn’t want to be noticed, her physical presence is less noticed. She is described as â€Å"brittle†this could mean that she is fragile. The word fragile is usually associated with small and easily broken things. The word â€Å"brittle†could also be describing her physical state of mind. She could seem strong but really could collapse or break down when even slightly touched, or in her case, if she is rejected or insulted. But when she talks she has a dominant charisma, which demands attention. For example, whenever she walks into a room, the men always stop talking to listen to what she has to say. This could be from fear of punishment if they do not agree with her or offend her. It could also be because of the reputation as â€Å"Jailbait†which she has, or how she has â€Å"the eye†. Because of these two abilities, she can sneak around, trying to overhear anything incriminating which she could use to blackmail someone. An example of this is when she sneaks into the stable when Lennie, Candy and Crooks are there, and she listens to them. Throughout the whole novel she does not have name of her own, which she is called by. She is only referred to as Curley’s Wife. This could suggest that she is the property of Curley. Or it could also back up the fact that she is like a ghost, because a ghost has no real identity. She could act mean, or deviously because she wants to make herself noticed more. She tells Lennie â€Å"I get awful lonely†. This suggests that she wants someone to talk to her, or whom she can talk to. She is only described by people, with sentences like â€Å"She got the eye†and â€Å"a Tart†. After reading the part of the novel when she is in the barn with Lennie, the reader is emoted to sympathise with Curley’s Wife. This could make the reader feel sorry for her, but then there would be a conflict of emotions when you realise that She has wrecked Candy’s dreams as well as passed a death sentence on Lennie. All of this could overshadow the fact that Curley’s Wife has just died. But when you her confession to Lennie, you find that this is her only recourse in her search for attention. She tries to make herself look attractive to get more attention, but she is called a â€Å"Tart†. The fact that she is like a bad luck omen could enforce her image as â€Å"Jail-bait†. She is like a jinx for anyone who she tries to become close to. She says that she could get crooks hung and she caused Curley and slim to fight. She also indirectly caused Lennie’s death. Not intentionally, but she does. This could be a way of making the reader sympathise with her case, because Candy is angry at her for dying, and he doesn’t stop to think that she is dead. Curley’s Wife is the only woman who is mentioned on the ranch, so the men could think of her as pretty or appealing because they do not come into contact with any other women. This could encourage or strengthen her attitude. She thought that she could be a movie star and could still think that. This could be another factor that encourages her self-superiority complex. But she knows that. Because, she has no name she could be owned by Curley, this could explain her actions. It could be her way of expressing her anger. She is angry because, when she signed her marriage certificate, She didn’t lose her individuality, but something worse, her identity.
Saturday, November 9, 2019
Hamlet/Ophelia Relationship Essay
Hamlet and Ophelia have a relationship that is quite significant to Hamlet as a whole. Their relationship in the past has been filled with many sexual endeavors but once the play starts, it begins its downfall, affecting multiple characters down the line. Throughout the play, the relationship indirectly causes obsession, death, insanity, and the drive for vengeance. Ophelia’s love for Hamlet is mentioned very early in the play when she is with her brother, Laertes, and her father, Polonius. The brother warns her to be careful since Hamlet’s motive to be with her are not out of love, but is â€Å"a violet in the youth of primy nature, forward, not permanent, sweet, not lasting, the perfume and suppliance of a minute,†meaning that the relationship is merely a stage of youthful lust and will not last forever (1.2 8-10). Unlike Laertes, Polonius demands that she must stop dating Hamlet at once. He cares about his own reputation more than the emotions of his daughter, and he also wants to have the most power over her. If she and Hamlet were to wed, he would lose the power he has over her, which is unacceptable in his eyes. After Ophelia obeys her father, Hamlet appears at her room in a complete mess. The state that he is in frightens her, and mentions what happens to her father. Polonius assumes that Ophelia’s rejection has driven Hamlet insane. This is the beginning of Polonius obsession to discover if Hamlet is really insane due to his daughters rejection, or if it due to a different cause. The obsession that Polonius continues to have for the discover of the source of Hamlet’s insanity drives him to his death, which further induces Ophelia’s drowning. Being extremely nosy, he once again hides to eavesdrop on Hamlet’s conversation, this time with Hamlet’s mother in the queen’s chamber. After Gertrude feels threatened by Hamlet’s aggression and screams, Polonius makes a sound behind the curtain, in turn shocking Hamlet. Then Hamlet yells, â€Å"How now, a rat? Dead for ducat, dead†and stabs Polonius through the curtains, killing him (3.4 29). Polonius just had to force Ophelia to reject Hamlet. His obsession with their relationship causes his own death. His death is well deserved. Unfortunately, his death drives Ophelia insane. She loses the love of her life, her brother is far away in Paris so she has no one to go to anymore, and now her father perishes. Being driven over the edge, she does not notice that falls into a large pool of water, and before long, â€Å"her garments, heavy with their drink, pulled the poor wretch from her melodious lay to muddy death†(4.7 206-208). The significance of Ophelia and Hamlet’s relationship is all tied together by Laertes’s mark for vengeance. Act V i. is the first scene since Polonius’s death that the two characters are in each other’s presence. Overcome with grief, Hamlet cries, †I loved Ophelia: forty thousand brothers could not, with all their quantity of love make up my sum†(5.1.270-72). When he sees Laertes in the grave, he becomes jealous and angry, so they wrestle. Laertes was not prepared to kill Hamlet there and then, but it is hinted that he will do so in the next scene. Hamlet’s relationship may indirectly lead up to his death. Hamlet’s and Ophelia’s feelings for each other stay strong throughout the whole play, even though they may be clouded. Their love is still strong when Ophelia rejects him and when he basically calls her a whore, they just couldn’t show it. The play was strongly influenced by their relationship since it affected so many characters. It may even end the life of dear Hamlet.
Thursday, November 7, 2019
Economics Supply And Demand Essays - Consumer Theory, Babysitter
Economics Supply And Demand Essays - Consumer Theory, Babysitter Economics Supply And Demand Economics, supply and demand In the article we find that teenagers have the oppertunity to be demanding about their salary in the baby sitting field, because the amount of babysitters today are scarce. The babysitting population, teenagers, find themselves busy with school, part time jobs, and extracirricular activity. Teenagers with drivers licenses are even more scarce than those with out, all in all, It's hard to find a babysitter. Times have changed, just twenty years ago there were 33 million children who needed to be watched, and 39 million babysitters(age 10 - 19), recent polls suggest that children that need to be watched raised 18 percent to 39 million while baby sitters dropped 5 percent to 37 million. The rise in children coupled with American families spending more time out then years ago, has allowed the babysitters to set their price with out haggeling. Baby sitters are making well over the federal minimum wage of $5.15 an hour because they are in demand, and scarce; the babysitters who train in CPR, serve dinner, and drive are the hardest to come by and can demand the highest wages. In this article we see many examples of supply and damand and the powers of supply and demand. Babysitters are in demand, there is an increase in the amount of children who need to be watched yet there are relativly few who choose to babysit from the allready decreased amount of the babysitter work force. This gives the babysitter the advantage of a noncompetitive work force, allowing the baby sitter to set the price with out bargaining. If we were to compare two different production possibility frontiers, we would see a left shift of the curve while demand for baby sitters rises, from 1980 to 1996. In economics we concider this an inflation, the amount of
Monday, November 4, 2019
Sources of Power in Organization Essay Example | Topics and Well Written Essays - 1250 words
Sources of Power in Organization - Essay Example According to Murphy and Willmott (2010), power is needed to direct the system because it has a formal chain of command in which some responsibilities are essential regardless of the performers. Moreover, some positions in an organization have access to greater resources or their contribution is crucial. Therefore, the significant of power processes in the organization is attributed to the organizational relationships, both vertical and horizontal (Miller, 2008). Sources of Power According to Daft and Marci (2010), leaders at all levels in the organization access power that sometimes end up unrecognized or underused. The leaders may have the power of expertise where influences are as a result of improving and communicating specialized ideas. It comes from the superiors’ credibility with lower level employees, and the experience of work a person has worked in the firm is significant. Moreover, the education qualifications, and perception that an individual has extra ideas on a specific topic can also be the source of expert power. For instance, a lower level secretary may have expert power because he or she has extra details about how the company operates. Meanwhile, she or he can make suggestions on how to increase income via costs reimbursements. However, expert power may result in the ethical problems when it is used to manipulate others or used to obtain an unfair advantage. For instance, accounting firm may obtain additional revenue by ignoring the importance of the accuracy of financial reports that they examine in an audit. Daft and Marci (2010) indicate that referent power may occur when one person perceives that his or her goals are related to another person in the organization. ... The second person may opt to influence the first to take actions that will allow both to attain their objectives. Because they share the same interests, the first person will perceive the other’s use of referent power as beneficial. However, for this power to effective some kind of empathy must exist between the parties. Griffin and Moorhead (2011) claim that identification with others assists to enhance the decision maker’s confidence that increase individual referent power in the organization. According to Griffin and Moorhead (2011), reward power is the situation where individual’s ability to influence the behavior of others by offering them something desirable. Reward power could encourage persons to be selfish and not in the interest of others. Daft and Lane (2005) indicate that coercive is a source of power that is the opposite of reward power. Many organizations have used a system whereby they systematically sack the lowest performing employees in the orga nization on an annual basis.  According to Daft and Lane (2005), coercion is used in the situation where there is an inequality of power. It is perceived that an individual who are faced with coercion issues may seek a counterbalance by creating relationships with others, and powerful people end up leaving the organization. Thus, in the organization that practices the coercion power, the alignments usually come to an end in the long run (Champoux, 2010). Murphy and Willmott (2010) indicate that power in the organization can be exercised in various ways that include upward, downward and horizontally. In an organization, a large amount of power is distributed to top managers by the organization system. However, employees also obtain unequal power to their formal positions and exercise
Saturday, November 2, 2019
Different perspectives of the American Political System Essay
Different perspectives of the American Political System - Essay Example The aim of this paper is to critically assess the viewpoints regarding the political system of America. In order to assess the perspectives, two films have been selected namely â€Å"Wag the Dog†(1997) and â€Å"Mr. Smith goes to Washington†(1939). The 1997, Black comedy film by Barry Levinson rotates around the story of American politics and the sex scandals of the U.S. President. The President had luring relationships with a ‘firefly’ girl just before the Presidential re-election campaign. The film has reflected the idea that how the American Presidents, in order to hide their scandalous affairs, hire spin-doctors. The purpose of the spin-doctor was to ensure that he might divert the attention of the public, using media propaganda. He easily convinced the audience that America is at war with Albania. In short, it has been showed in the film that how media and other trusted agencies / institutions are in the hand of those, who control it as per their will (Levinson, 1997). Mr. Smith Goes to Washington is the story of good vs. evil in the American political system of the early 90’s. The story revolves around the United States Senate and how corruption leads its way in the American politics. Jimmy Stewart, who in the film is offered with a Senate vacancy, plays the character of Mr. Jefferson Smith. Since, Mr. Smith is an ideal, honest, innocent leader therefore he is easily personified by other evil senators and members of the American political system. The director of the film, Frank Capra, has shown Smith as an underdog who has to face severe challenges in order to survive in the intense competitive and corrupt American political system in order to attain some good (Capra, 1939). The message communicated to the audience through the film ‘Wag the Dog’ is that, that how easy it is to wipe out evidences or fact or to divert the attention of the
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