...NAME: LIN XIAOYI DATE: 21/03/2012 C3120705 Week 4: There has been a significant growth in the amount of money invested in Australian superannuation funds over the past twenty years. a) Critically analyse the source of this growth b) Discuss the regulatory environment within which superannuation funds operate. Answer: a) The growth is primarily caused by the introduction of Superannuation Guarantee Charge, introduced from 1 July 1991, which initially required employers to contribute at least 4% (or 3%for smaller employers) of most employees’ wages or salary to a superannuation plan. In 2002, the government has also legislated that this minimum contribution rate increased to 9% for all employee. In addition, these required contributions vest with the employee and cannot be accessed until age 55.In other words, the objective is that the funds remain within the superannuation system until the person’s retirement. In view of the increasing importance of superannuation funds within both the economy and the capital markets, it is necessary that the investment policies of these funds and their implication are better understood by the government, policy makers, commentators, market players and companies seeking capital. b) Financial Services Working Group One of the ways the Government is doing this is through the Financial Services Working Group. The Working Group was established to facilitate the creation of short, simple and readable disclosure documents...
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...find someone with enough mone to finance it, it is possible to see rapid growth 3. Stadiums are one of the largest expenses for teams and the IPL has elected to pla at existing stadiums thus saving huge costs financially 4. Found stability in fincnace with a steady revenue stream What we can learn 1. We should look at teams and leagues that have been successful and analyze why, and look to emulate their business models. 2. If you see something that is promising and you find someone with enough mone to finance it, it is possible to see rapid growth 3. Stadiums are one of the largest expenses for teams and the IPL has elected to pla at existing stadiums thus saving huge costs financially 4. Found stability in fincnace with a steady revenue stream What we can learn 1. We should look at teams and leagues that have been successful and analyze why, and look to emulate their business models. 2. If you see something that is promising and you find someone with enough mone to finance it, it is possible to see rapid growth 3. Stadiums are one of the largest expenses for teams and the IPL has elected to pla at existing stadiums thus saving huge costs financially 4. Found stability in fincnace with a steady revenue stream What we can learn 1. We should look at teams and leagues that have been successful and analyze why, and look to emulate their business models. 2. If you see something that is promising and you find someone with enough mone to finance it, it is possible...
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...the Air Force has a different strategic goal. The strategic goal of the United States Air Force’s in Europe is to remain a highly responsive and capable combat force in Europe alongside our NATO allies. Everything we do in the Air Force is based off of our code of ethics known as the Air Force core values. These three core values are: Integrity first, Service before self, and Excellence in all we do. The Air Force leadership believes with these three values ingrained in every Airman that every organizational unit has the power to achieve great mission accomplishments. “Core values, the deeply held beliefs that serve to guide the behavior and decision making of an organization’s constituents as they interact with stakeholders” (London & Mone, 2012). Core values are essential to any organization that wants to uphold a morale standard of...
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...of life showing how she has grown in successfulness and wealth from being brought up in a poor and troubled family and being raised with very little to blossoming into a victorious entrepreneur who is now worth millions of pounds. This report has shown how Michelle Mone’s personality links in with the ‘Big Five Personality Traits’ showing supporting examples of the relationship between Michelle and these entrepreneurial traits. The research which I have conducted has shown that Michelle does in fact link in very closely with all five traits and has done from an early age. This contributes to the argument of whether entrepreneurs are born or made suggesting that Michelle was a born entrepreneur. It has also identified ways in which Michelle Mone demonstrates what is seen as the classic DNA of an entrepreneur and how this DNA has built up...
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...1.0 Performance Management Today we believe that an organization’s competitive success is achieved through people. Then, it follows that the skills and performance of people are critical. Performance management is a continuous process of identifying, measuring and developing performance of individuals and teams and aligning performance with the strategic goals of the organization. The system through which organizations set work goals, determine performance standard, assign and evaluate work, provide performance feedback, determine training and development needs and distribute rewards (Briscoe and Claus, 2008). “Performance management is a systematic approach to tracking individual performance against the targeted objectives of the organisation, and identifying strengths and opportunities for improvement” (Smith & Mazin 2004:42). Performance management refers to the on-going means by which an organization monitors, documents, corrects or rewards individual and collective employee performance in an organization by using various tools. 2.0 Employee Performance According to Tinofirei (2011), employee performance is the successful completion of tasks by a selected individual or team, as set and measured by a supervisor or organization, to pre-defined acceptable standards while utilizing available resources efficiently and effectively within a changing environment. Armstrong and Baron (2005: 122) agree that work performance management for teams is inherently the same as for individuals...
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...ACTIVE Indicative Pres. trans. Imp. trans. Fut. trans. Perf. trans. Plup. trans. F.Perf. trans. -ō -mus -s -tis -t -nt I ___, I do ___, I am ___ing -bam -bāmus -bās -bātis -bat -bant [ā/ē/ē/iē/iē] I was ___ing, I used to ____, I ___ed -bō, -bis, -bit, -bimus, -bitis, -bunt [1-2] -am, -ēs, -et, -ēmus, -ētis, -ent [3rd; add –i- for 3-iō, 4] I will ___ Perfect stem + -ī, -istī, -it, -imus, -istis, -ērunt I have ___ed, I did ___, I ___ed Perfect stem + -eram, -erās, -erat, -erāmus, -erātis, -erant I had ___ed Perfect stem + -erō, -eris, -erit, -erimus, -eritis, -erint I will have ___ed PASSIVE Subjunctive Indicative -or -mur -ris -minī -tur -ntur I am being ___ed, I am ___ed -bar -bāmur -bāris -bāminī -bātur -bantur [ā/ē/ē/iē/iē] I was being ___ed, I used to be ___ed, I was ___ed -bor, -beris, -bitur, -bimur, -biminī, -buntur [1-2] -ar, -ēris, -ētur, -ēmur, -ēminī, entur [3rd; add –i- for 3-iō, 4] I will be ___ed 4th Principal Part with sum, es, est, sumus, estis, sunt I have been ___ed, I was ___ed 4th Principal Part with eram, erās, erat, erāmus, erātis, erant I had been ___ed 4th Principal Part with erō, eris, erit, erimus, eritis, erunt I will have been ___ed Subjunctive We beat all giant liars + -r, -ris, -tur, -mur, -minī, -ntur We beat all giant liars + -m, -s, -t, -mus, -tis, -nt ---------2nd principal part + -m, -s, -t, -mus, -tis, -nt ---------2nd principal part + -r, -ris, -tur, -mur, -minī, -ntur ---------XXXXXXX XXXXXXX Perfect stem + -eri- + -m, -s, -t, -mus, -tis...
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...Employee Engagement at Ultra Foods in Forest Park, IL. Course Project Prepared by: Omar Elane mrelane@sbcglobal.net Keller Graduate School of Management Professor: Donna Darr 6/9/12 Table of Contents Introduction………………………………………………………………….3 Problem Statement………………………………………………………….4 Literature Review……………………………………………………………5 Analysis……………………………………………………………………….9 Proposed Solutions……………………………………….………………..11 Reflection…………………………………………………………………….13 References……………………………………………………………………15 Introduction The retail industry is pretty stabilized in today’s economy. The ability to have a competitive advantage is the key to survival. The grocery business has a history low job satisfaction and high performance which are costly to the organizations bottom line. This paper will document the issues that are affecting the organizational culture at the Ultra Foods in Forest Park, IL. Ultra Foods is the organization that will be closely analyzed for this course project. It is a privately owned, regional, super warehouse food retailer whose company headquarters is located in Highland, Indiana. It competes in the Supermarkets and Other Grocery (except Convenience) Stores under the NAICS number 445110(IBIS). The chain of stores is subsidiaries of the parent company Central Grocers. The chain has been undergoing constant growth and expanding in the states of Illinois and Indiana. The grocery chain reached a milestone in 2011 when they reached $1 billion dollars in sales. I recently...
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...Chapter 15 questions: 1. (Monetary Aggregates) Calculate M1 and M2 using the following information: Large-denomination time deposits: $ 304 billion Currency and coin held by nonbanking public: 438 billion Checkable deposits: 509 billion Small-denomination time deposits: 198 billion Traveler’s checks: 18 billion Savings deposits: 326 billion Money market mutual fund accounts: 637 billion 2. (Reserve Accounts) Suppose that a bank’s customer deposits $4,000 in her checking account. The required reserve ratio is 0.25. What are the required reserves on this new deposit? What is the largest loan that the bank can make on the basis of the new deposit? If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit? 3. (Money Multiplier) Suppose that the Federal Reserve lowers the required reserve ratio from 0.10 to 0.05. How does this affect the simple money multiplier, assuming that excess reserves are held to zero and there are no currency leakages? What are the money multipliers for required reserve ratios of 0.15 and 0.20? 4. (Money Creation) Show how each of the following would initially affect a bank’s assets and liabilities. a. Someone makes a $10,000 deposit into a checking account. b. A bank makes a loan of $1,000 by establishing a checking account for $1,000. 5. (Monetary Control) Suppose the money supply is currently $500 billion and the Fed wishes to increase it by $100 billion. Given a required reserve ratio of...
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...SQUASH OKOY A Business Plan Submitted to the Faculty of the Department of Management Cavite State University Imus City, Cavite In partial fulfillment of the requirements for the course Product Management MKTG 55 CARIÑO, ROGER CARLO MINALDO, MELDY MAE MONES, LEA ROMERO, JASMIN SANTOS, DHERRICK KRISTOFFER VILLAJUAN, MERYL October 15, 2015 ACKNOWLEDGEMENT “Let each of you look not only to his own interests, but also to the interests of others” The interests of others ought to be our interests too. Certainly we look out for ourselves but how can we turn a blind eye when others have needs. There is a certain genius in generosity because God gives back what we let pass through our hands but if we hold tight with clinched fists what we have, God cannot pour more into hands that are already clinging tightly to what they hold. While making up this feasibility report, we would like to express our heartfelt gratitude to the people who inspires, motivates and helps us in conducting this study. Mrs. Margareth Baybay Soberano, for the continuous help and support whenever we ask her about the things we didn’t understand and also to the lectures taught that led us to understand more this subject. Santos Residence who serves as our working place that with the family, support all of our expenses. To the parents of each of the member who wholeheartedly support us whenever we conduct this report. Of course to God Almighty who guides and bless us while planning and building our concept up to the time...
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...2mr barir samne ami dariye sob onno pohter disa hariye barandate ektu ki 2mi abr asbe dekho hat ta rekhe se ajo bariye. oviman gulo k ki vula jaina mene nibo 2mr sokol baina 2mr chokher samne bose ebar sudhu sunbo ese hoye jabo 2mr ghorer ayna. mone ki pore sei dintar kotha 2mar kothai aka uki mor khata 2mr jonne ekhn o likhi 2mi bdhy janona 2mr jonne sokol kobita. golpo bolbo ekhn ki ar sunbe 2mai chara golpo ki ar jombe nayok nayike ei golpe kew ksto pai na golpo jetha sukh vlobsa roibe. onk hoito abol tabol bolesi onk vul 2mr sathe koresi vlobsi bole ei abdar abr 2mr kase asona 2mi, dariye ami asi. sunte ki paw o bandhdhu a sunte ki paw amr kotha 2mr lal barir samne 2mr choto golir kone dariye thke bola amr mner soto betha. amr voye niyeso notun number khujesi 2mai koto pothe bare bar dure thke vabso 2mi 2mai vule thabo ami 2mi j mor ek matro abdar. 2mr jonne biri sigaret charlm notun kore nije k aj gorlam sei 2mi kina amr chere kothai chole giyeso 2mai chara dhusor ei din kal. adhar rate spno ajo dekhi mne hoi sb bujhi aj meki 2mai chara spno jogote boroi eka ami kar tore bolo spno aj aki.. ei jogote khb bsi ami eka amr poth surutei aka baka sethai 2mai soja poth vebe 2mr sathe cholte gie pothe dekhi 2mr jaiga faka. sunte ki paw o bandhdhu a sunte ki paw amr kotha 2mr lal barir samne 2mr choto golir kone dariye thke bola amr mner soto...
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...Term Paper: Corporate Responsibility and the NFL MNGT 5000: Management ODC S1 2015, Professor J. W, Webster University Introduction With the recent public backlash over the National Football League’s handling of domestic violence issues with its players, the League’s ethical policies and social responsibility behaviors are being highly scrutinized. It is an example of a highly successful, profitable company that has revealed itself to have a disparity between the social responsibility programs and ethical policies it has in place, and the degree to which it enforces them. Like most companies, is the NFL is at risk of decreasing profit margins in favor of ‘doing the right thing’? This paper will review the recent issues for which the NFL has come under fire, define corporate social responsibility programs, explain what measures the NFL is currently undertaking to rectify its public image problems, and explore the conflict that the National Football League, like any company, may experience with enforcing such measures. Discussion In 2014, NFL player Ray Rice was suspended by the League for two games, a suspension received as the result of the NFL discovering he’d perpetrated an act of domestic violence against his then fiancée, Janay. After the matter had been ‘settled’ by the League, news magazine TMZ obtained a video tape of the actual domestic violence incident from the casino where it took place. The tape clearly showed the football player punching his wife in the...
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...HBS: The Treadway Tire Company: Job Dissatisfaction and High Turnover at the Lima Tire Plant by Wickham Skinner and Heather Beckham In the above case written by Skinner and Beckham the high turnover rates of the Treadway Tire Company Lima Plant’s Line Foreman have become a problem for a plant that had the potential per the article to be one of Treadway’s top producers. Ashley Wall, the Lima plant’s human resource manager believed, “once the turnover problem was solved, Lima could become Treadway’s number one plant for productivity and its lowest cost producer in North America.” This article was truly interesting as it is a great example of what can go wrong even in the most modern and technologically savvy business environments; essentially Treadway spent tons of money on making its building nice, but did not invest enough in its people. The Line Foremen found themselves in non-union positions, responsible for ever-growing production quotas, untrained managers responsible for personnel issues, and administrative tasks. They held most of the responsibility and had little authority; as personnel issues with their crews of hourly workers were handled by the unions. Treadway did little to train the people in this position to deal the high stress environment and found itself faced with high turnover numbers in this pivotal position- a clear hindrance to the modernized Lima plant taking a number slot in productivity. Additionally, the line foremen found themselves without support...
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...creative and committed to their work (Drummond, 2000, p.78). A leader can inspire people to have the best possible performance in their work through sharing his passion about work, listening to the employees, understanding their needs and create the feeling of trust between them. In addition, engaging managers is crucial for the corporation and the workforce because managers can give positive feedback to personnel and as a result employees feel appreciated and will be motivated to achieve their goals. Also, managers give them the opportunity to be responsible for their progress, behavior and performance. Moreover, managers reward workforce with promotion and high salaries only if their performance fulfills the requirements that have been set (Mone and London, 2010, p.87). Furthermore, the voice of employees in a firm contributes to higher performance because it creates a qualitative environment to work in (CIPD, 2001, p.47-48). The opinion of labour force should be taken into consideration because it is beneficial for the firm. For instance, employee voice can bring new ideas which could boost productivity, create a healthy environment at work, can increase the performance and simultaneously improve the behavior of the employees. Finally, there is organizational integrity which is concerned with values in the organization that lead to trust (Bridger, 2015, p.103). People in corporations are considered to be a community or a team where trust prevails and they share values, a purpose...
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...It is unfair for graffiti to be solely considered art as it vandalizes and causes destruction to private property. Andre Saraiva, a well-known street artist “of a new generation of graffiti artists who regard nature — not just the built environment — as their canvas,” was said to have painted on a boulder from Joshua Tree National Park which upset American nature lovers, many of whom are still fans of graffiti art (Sahagun). In 2013, there had been a need for a big cleanup in Rattlesnake Canyon, located in Joshua Tree National park as the workers, “[removed] etchings from the face of Barker Dam,” and then later, there was another sight of vandalism which was seen as, “a large, bright blue giraffe on a boulder in 49 Palms Oasis” (Sahagun)....
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...4/13/2015 Facilitating conditions for leadership development Leaders face new challenges and changes in organizations on a daily basis. In order to better prepare for these changes leaders need to continue to develop their skills and competencies. There are different leadership training programs but the effectiveness of a training program, the degree of developmental experience and self-help activities also depends on the organizational conditions (Yukl, 2013 ). What are the facilitation conditions? 1. Support by the boss The role of the leader in the organization and his/her role in facilitating leadership skills development is well documented by researchers such as Hillman, Schwandt & Bartz, 1990; London & Mone 1987 & Valerio 1990. Bosses need to treat mistakes as learning experience and provide mentoring and coaching to subordinates. Support is also important before and after training. 2. Learning climate Yukl talk about creating a learning climate by making flexible job assignments to allow learning and development, flexible work schedule to allow time to experiment with new methods, financial support, arrange workshops and skilled speakers, establish sabbatical program, career counseling program, voluntary skill assessment, pay increase dependent of development, awards for innovation and improvements and use of symbols and slogans. However these conditions require a budget and flexibility in labor and payment laws. 3. System...
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