...economy, no change in the way our world works is as great as the contiuing shift from the hydrocarbon energy ecoonmy which is defined by dependnce on the use of fossil fuels, such as coal and oil, to the new renewable or green energy economy in which techolgies are being further developed to power our world through clean sources of energy such as wind, hydro power, geotheral, biomass and others. The shift is slow, but it will begin to speed up as the people of both america and the world become further aware of the long term cost of hydrocarbon consumption and effects on the enviroment, and the lowering costs for both personal and buisness use of renwable energy as technoligy becomes more efficant. The econmic benefits of such a shift cannot be deneied, ranging from job creation to positive impacts on the terrif defficit to bennifits in the small buisness sector. In looking at renewable energys impact on the economy the one aspect the most every citizen shall look closely to is the potental of job growth and creation. Utilizing these energy sources are great growth methods for the economy which for too long has been dependent on tradional means, the improvment in the economy comes hand in hand with job creation. Money invested in these energy sources is spent on the materials too build systems such as wind tubines, solar panals and hyrdroelctric dams, the money also extends to payin staff who have been trained to maintane such ewuipment. This is in contrast to useing hydrocarbon...
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...Musgrave Retail Partners Ireland 2010 Human Resource Management A competitive advantage Jennifer O’ Hagan Table of Contents How can good HRM practice become a source of competitive advantage for organisations in the retail sector? 3 Introduction: 3 Definitions: 3 Main functions of a HRM system: 4 Key functions of a HRM system: 6 Learning and development and performance management: 6 Induction: 6 Staff appraisals/review systems: 7 Hertzberg Two factor theory 8 Motivational factors 8 Hygeine factors 8 HRM eveloution 9 Why is HRM such an important tool in organisations today? 10 References 11 How can good HRM practice become a source of competitive advantage for organisations in the retail sector? Introduction: The purpose of this study is to discuss how good HRM (human resource management) practice can become a source of competitive advantage for organisations in the retail sector. To help me examine this, I will explain what defines HRM and the main functions of a HRM system. I will also examine why it is such an important tool for many organisations today. Definitions: Human Resourse Management has been defined as ‘a strategic approach to managing employment relations between employee and employers, which emphasises that leveraging peoples capabilities is critical to achieving competitive advantage, acheived through a distinctive set of integrated employment practices.’ ‘Strategy denotes an activity that organisations perform...
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...opportunities and threats as well as to reduce long-term risks. Planning is also used to more effectively establish goals and objectives for long-term success and ensure that the organization use all its resources toward achieving its goals. The small business that I would like to start would be a daycare center. This would be not only a daycare center, but also a learning daycare center. The daycare center would include certified teachers who will dedicated to teaching students what they need to know to achieve greatness. Before I can start my business a strategic plan must be set in place. This paper is intended to address the four functions of management that I will need as well as the strategic plan that I will use to make my buisness possible. Planning The first function of management. Planning is a step that involves an overlay of goals and objectives. My objective is to have my daycare up and running in the next year while a full staff of teachers and a full class of children ages 1 through 4 years old. The size and location of my facility must also be determined as I look for...
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...MGT600-1205A-03: Business Research for Decision Making Unit 1 IP Dr. Anthony Matias MGT600-1205A-03 Christine Blewett Abstract This paper will show the differences and similarities between formal research and a business proposal. After looking at different findings, the differences between both concepts exceed the similarities. It will then look at different studies done by many researchers to support the Hypothesis that Organizational Learning is indeed a predictor of effective strategic management. This paper will present how organizational learning can help managers with their strategic thinking to better execute goals and tasks. In the world today, we are surrounded by millions of businesses. We rely on these businesses for many of our essential needs. They provide us with food, clothes, entertainment and so much more. So, when problems occur in a business, it does not only affect the company itself but us as well. It is crucial that businesses run smoothly, and those who are in command know of solutions when certain problems arise to avoid negative outcomes. Those in charge are often called Business Manager’s. Business manager's come across problems on a day to day basis, whether big or small, managers must resolve these problems by making the right decision(Uma Sekaran, 2010, p. 2). Depending on the dilemma, decisions and solutions can be quite difficult to come up with so a process to make this task easier can be extremely helpful to the manager. Also...
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...Marketing and Consumer Behavior Why can companies mark up their prices and stay in business? Research Question: In our world today a stigma exists between brand name products and the upper class and a common association between high prices and brand name items exists. Everyday marketers price products based off of researched consumer behavior, they price products at an excessive price compared to the cost to produce it, yet still sell their products and stay in business. Typically, the consumer is aware that brand names cost more money and consumer behavior has shown that the consumers are willing to pay high prices for these specific products and certain brands. Why is it that marketer’s mark up their products and that consumers are willing to purchase products and brands regardless of the price? Do marketers know the consumers will purchase their products regardless of price and take advantage by pricing them high? Is an underlying ethical issue present in the way companies are marketing their products? An interesting relationship occurs between consumers and brand name products and studies have shown consumers will spend any amount for a product they have justified they need or want. Furthermore, studies have shown that consumers purchase regular and brand name products based off of psychological driven needs. As a result of consumer’s physiological buying habits, marketers have based their pricing tactics off of it, resulting in excessively high mark ups. Although companies...
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...Newsletter 02 March 2016 Volume 1, LANX WANT TO EXPAND ITS BUISNESS TO THE SHORES OF INDIA; IS THIS BUSINESS MOVE FINANICIAL WORTHWHILE? EXPANDING BEYOUND THE PARENT COMPANY IN UK. DOES THE MANAGEMENT NEED TO SET UP VIRTUAL AND WHY? The Lanx Company, a textile manufacturing firm currently based in the UK after months of deliberation, research and market survey decided to launch another branch in Delhi, India. The parent company based in the UK has recorded significant financial successes with a strong capital base and as part of ensuring continuous growth, has decided to expand its operation beyond the markets in UK. The key objective of the business unit of the firm with respect to the launching of another plant s to increase its goods and services as this will grow its market value and also create wealth for stakeholders (shareholders, employees etc). This is consistent with the business goals in any organization: to generate wealth and increase their financial value to investors. (Atrill and McLaney, 2011). A key strategy to continuous business growth is the ability to develop options to produce goods and services at lower cost in order to enhance profitability. In the case of the Lanx company, the opportunity provided by the expansion of the company’s operation to India includes being granted tax holiday by the India government to enable the company to firmly settle down. The cost of sourcing for raw materials for the plant that will be sited in India is also...
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...Masters Programmes ------------------------------------------------- Assignment Cover Sheet Question: [Analyze a strategic issue facing Samsung Electronics Company] “This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion. No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.” Introduction Samsung Electronics Company (SEC), Ltd founded in 1969 is a South Korean multinational electronics company and is the flagship subsidiary of the Samsung Group, accounting for 70% of the group's revenue. Since the introduction of monochrome television sets in 1971, it has grown on average 38 percent a year, broadening its product range from simple consumer electronics and home appliances to advanced information and communication equipment, computers and peripherals and semiconductors (Renee, 2007) . It is currently the world's largest manufacturer of mobile and smart phones, LCD Panels and televisions and displaced Apple Inc. as the largest technology company in 2011 (Renee, 2007). Industry boundary Samsung electronics has the following divisions * Consumer electronics (CE)...
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...Riordan CIS/207 10/01/13-11/04/13 Mel Lee University of Pheonix Dear Ladies and Gentlemen of the Board, I am coming to you today with an idea. An idea I feel will bring about some changes, and not just minute changes, but changes that will affect the way we do business today and for many years to come. I am here to propose to you a new system, one that encompasses all of the buisness' training courses to the local intranet with in house shopping. We call this new system Aim High; which is what we did, and we feel it will satisfy all of your needs and even wants in an information system. Now you may be wondering what exactly Aim High does, well let me tell you somethings about it. It starts off by being a local intranet for Riordan, letting you access the internet from anywhere on the premises. Aim high also comes fully equiped with Wi-Fi functionality so you aren't strictly confined to your office all day. Now for the executives we have included an optional package within the Aim High system which lets you turn your company laptop or tablet into a mobile hotspot so you can do business from anywhere around the globe. Now the internet will be a fully functional world wide web, with the option to restrict access of websites to certain levels of authority within the company. Aim High also allows to setup online classes for any training courses Riordan may offer. Part of this system includes setting up an employee profile which in turn allows you to sign up your...
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...Scientific Management - Scientific Management This essay will critically evaluate the scientific management’s importance and its contribution in the current management context. In this era of rapid economic development and industrial expansion of different nations, scientific management has enabled every nation to be involved in this global market. Scientific management is the theory which serves as the ‘backbone’ to many current management theories. Scientific management will be briefly described initially. After that, the essay will identify why scientific management is an important contribution to management theory when Frederick Taylor proposed it.... [tags: Business Employee Management] 1639 words (4.7 pages) $19.95 [preview] Scientific Management - Scientific Management Fredrick Taylor, the father of scientific management. He had a firm belief in "one best way" (Samson & Daft, 2003), of doing something. In the year 1899, Taylor held an experiment that involved German and Hungarian men, whose job involved some very heavy-duty work (Gabor, 2000). To his disappointment, men either refused to work, or wouldn't work to his expectations. The men hated him utterly; to the extent he required security when going home (Gabor, 2000). In his entire dilemma with his employers, in stepped Schmidt, a man not of intelligence but had the strength of a bull and an ox-like mentally required to reach the standards of Fredrick Taylor.... [tags: Taylorism Business Management Essays] ...
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...Social Responsibility JJT Task 1 Corporate Social Responsibility Strategy Chris Dennison Introduction In today’s global economy of socially conscious shoppers, it is not enough to simply create and sell a high quality good or service. A recent study shows that corporate social responsibility is critical to establishing and maintaining a positive reputation as evident by the more than 90 percent of polled shoppers that would switch to a brand that demonstrates support for a good cause if competing products were of similar price and quality. Additionally, the same amount of consumers was more likely to establish a deeper trust and loyalty to a socially responsible organization in comparison to one that doesn’t show these things. Most importantly, businesses that are not socially responsible are at severe risk of alienating their customer base, thereby impacting their longevity and profitability. Consumers hold the power as they have shown and will continue to boycott corporations that are found to engage in irresponsible practices. With this in mind, it is no longer a question of if a corporation should consider integrating social responsibility aspects to their operations, but rather a question of to what extent leadership wishes to go and how they will develop and communicate this in terms of having a meaningful impact on local community and the environment. In the past, a corporation’s primary responsibility was to turn a profit. The concepts of being socially responsible...
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...Candidate Number：KHGR9 University College London School of Management MSING010: New Technology Ventures Opportunity Assessment Word count: 4957 Candidate Number：KHGR9 Student Number: 15031784 Lecturer: Dr David Chapman 1 Candidate Number：KHGR9 Table of Content 1. Introduction ……………………………………………………………………………….………………………………4 2. Business Model Canvas………………………………………………………………………….……………………5 2.1 Customer Segments………………………………………………………………………………………………….6 2.2 Value Propositions……………………….……………………….………………….………….………..…………7 2.2.1 Fast Delivery………………………………………………………………………………………………………7 2.2.2 Accuracy Delivery………………………………………………………………………………………..…….7 2.2.3 Lowest cost and cheap price………………………………………………………………………….…..8 2.2.4 Reputation……………………………………….…………………………………………………………….….8 2.2.5 Easy order…………………………………….....……………………………………………………………….8 2.2.6 Quickly and Safety payment……………..…………………………………………………………….…8 2.2.7 Technology Management System…….………………………………………………………………..8 2.2.8 Collecting foods……………………………….…………………………………………………………………9 2.3 Channels……………………………………….………….………….………….……….……….…….……….………9 2.4 Customer Relationships……………………………….………….………….……….……….………………..10 2.5 Revenue Streams and Cost Structure…………..………….……………….……….…….………………11 2.6 Key Resources and Key Activities………………..………….……….……….…………….………………11 2.7 Key Partners……………………………………………..………….……….………….………….…………..……12...
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...reflective technologies can be instrumental in developing a meta-cognitive ability to make conscious and unconscious decisions about engagement that will ultimately enhance learning, expertise, creativity, and self-actualization. This paper will review diverse perspectives from psychology, engineering, education, and computer science to present opportunities to enhance creativity, motivation, and self-actualization in learning systems. r 2005 Published by Elsevier Ltd. Keywords: Creativity; Learning systems; Psychology; Failure; Motivation Education has the dual power to cultivate and to stifle creativity. Recognition of its complex tasks in this domain is one of the most fruitful intellectual achievements of modern psychopedagogical research. Edgar Faure (Learning to Be, Unesco, Paris 1972) ÃFax: 617 258 0290. E-mail address: win@media.mit.edu. 1071-5819/$ - see front matter r 2005 Published by Elsevier Ltd....
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...“Forensic Accounting” is a term that you do not hear every day so let’s examine its definition. The Strayer University BUS508 textbook defines accounting as, “The process of measuring, interpreting, and communicating financial information to enable people inside and outside the firm to make informed decisions.” Merriam-Webster defines forensic as, “suitable for a court of law.” Our textbook defines forensic accounting as, “Forensic accounting is accounting performed in preparation for legal review.” The textbook also describes it as, "focus on uncovering potential fraud in a variety of organizations.” The Business Dictionary defines it as a, “Criminal investigation practice whereby investigators analyze financial documents and activities to determine if and how a crime, such as fraud, has been committed by an organization. Tactics include tax analysis, financial reporting review and banking activity oversight.” This also includes white collar crimes such as embezzlement, stock market manipulation and price fixing schemes. This can include the financial impact of marketplace events, such as intellectual property infringement, anti-trust actions, financial reporting fraud, asset impairment and business valuation (Neumann, O'Connor, 2008). It also includes matters of family law, such as matrimonial disputes. In short, "Forensic accounting is the use of accounting, auditing, and investigative skills to assist in legal matters.” They use accounting skills following the GAAP (generally...
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...out by a particular group of people). This was the progress of the parties system. The rigid demarcation between the sections meant that the staffing ratio was high in comparison with the number of meals served. During the first half of the twentieth century there was little or no technical change in the kitchens of hotels and restaurants. Most managers and chefs had been trained in the old traditional methods which gave reasonably satisfactory results, and to them there seemed little reason to change. It is only during the last forty years that changes in the old traditional methods have evolved. These changes were slow to appear and started in the manufacturing industry rather than in the kitchens of hotels and restaurants. Technical research was done by the major firms of food suppliers and their products slowly became accepted by the catering industry, as skilled catering staff began to be in short supply. This was further optimistic by the rising costs of space that was necessary for a traditional kitchen. Traditional kitchen tasks were beginning to disappear at increasing speed. In 1966 the first cook-freeze operation in the UK began,...
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...| | |Vodafone Egypt Organization | |[pic] | | | | | | | |8/18/2012 | | Vodafone Egypt Organization | Table of contents Vodafone organization profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Vodafone external environment . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Vodafone stakeholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Vodafone...
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