...People like Robert Reich have noticed a growing sense of inequality in America and are worried it will only increase over time. Reich in his essay Why the Rich are Getting Richer and the Poor, Poorer he talks about the problems we are facing in the 21st century and what must be done to prevent them from spiraling out of control. The economy pre-1960 in America use to be a solid unit, what happened to one happened to all but this is simply not true anymore. “We are now in different boats, one sinking rapidly, one sinking more slowly, and the third steadily rising” (Jacobus 516). The worst hit has befallen the routine producers who now have to compete in a world economy where massive amount of people are competing for cheap labor. Reich claims the increase in outsourcing being done by American companies since the late 1970’s is a major factor. A company that shows this exact change in the seventies in AT&T, which prior to 1970’s relied on “routine producers in Shreveport, Louisiana, to assemble standard telephones. It then discovered that routine producers in Singapore would perform the same tasks at a far lower cost” (Jacobus 517). Then in 1989, AT&T switched to factories in Thailand, where workers would work for even less. Constant striving for lower high-volume production costs have left many workers jobless or receiving a decrease in salary, which cannot provide adequate living condition for them in the United States. “Standardized production continues its ineluctable...
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...1. Introduction The purpose of this lab is to introduce the students to the process, procedures and to determine important physical properties of mixing fresh concrete. With an understanding of concrete properties and the means of which to calculate these properties the students can demonstrate their knowledge in a laboratory environment. The students are expected to achieve this task by designing and mixing a batch of concrete based on specific requirements provided in the ASTM C231. The procedure requirements include strength, slump, air entrainment, volume, aggregate type and size. Students are split into groups and each group is assigned specific parameters to base their designs on. These designs and parameters are used to complete the concrete mixing procedures. The specific parameters for Thursdays Lab Group # 1 were a compressive strength of 8000 psi (55 MPA), limestone aggregate with a maximum size of ¾”. The mixture required moderate air entraining, a supplementary cementitious material called fly ash, and a target slump of 3”- 4”. This design should produce a mixture that is relatively high in strength, durability and workability. The assumption was made that the aggregate properties calculated we accurately described. A sample of this mixture design was created in the lab using the equipment provided. The mixture was then subjected to testing using the slump cone test. The ASTM C231 requires the sample to be tested using an air pot to determine the air content....
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...SUZLON ENERGY: FINANCING PROBLEM Q1) Discuss the various financing options available for a company to raise the required funds. Basically, business firms need finance for two purposes: 1. To fund long-term decisions and 2. To meet working capital requirements Long-term financing sources that a company employs: 1. Retained earnings 2. Equity capital 3. Preference capital 4. Debenture capital 5. Term loans/term finance Short-term financing options adopted by a company are: 1. Short-term loans 2. Trade credit 3. Commercial papers Q2) Analyse the business of Suzlon up to the FY2007-2008 since its inception. Established in 1995, started as Textile Company and ventured into wind turbine due to energy need for textile business; Founded by Tanti; started the buss with his own money of IRN135million Beginning with a wind farm project he set forth to acquire the basic technology and varied expertise to set up Suzlon Energy Limited - India’s first home-grown wind technology company. 2000-market leader in india with 50%market share; Suzlon is a wind turbine company operating in India since 1995 It is world 5th largest wind turbine manufacturer. Global market share of 0.5% in 2008 it is market leader in Inida and with 50% market share in 2000. 100% growth in 2007 and 108% in 2006. Inception of Suzlon and some problems in the beginning • The concept of Suzlon came into being to satisfy the electricity needs of a textile co. owned by Tanti • Tanti then set it...
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...Getting to Results Tayt Tolman COM 516 November 9, 2011 * Teamwork is a familiar expression to depict a group of people working together to achieve a common goal. Teamwork is used frequently when referring to sports teams performing to accomplish a purpose; nevertheless, teamwork is now a standard expression in the workplace. The success of the team is directly connected to the efficiency of the team. The workplace is a results-based culture and the performance of the team is linked to how the team attains results. According to Higgs (2007), “It appears that a number of factors are more likely to be dominant in explaining variation in team performance” (p.82). Higgs explains further that it is the individual personalities of the team members, accompanied with the techniques used by the team to become productive is what sets other teams apart (Higgs, 2007). This paper will examine the critical components of the team getting results while working as a collective and collaborative unit, the internal management of the team and its relationship to success, the effectiveness of team meetings and the technological tools that are available for teams to implement in the work environment. The Team Working Together Teamwork begins with the individual; each individual in a team needs to be a team player, willing to work together to accomplish a bigger goal. Each person on a team has something different that he or she can contribute, and teams function best when team...
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...Community Preparedness and Response NUR/408 Community Preparedness and Response This paper discusses The Neighborhood - Pearson Health Science season two, episode five at the University of Phoenix student website. The examination of the actions of health care workers in response to the health concerns of key characters will be highlighted including the community hospital, senior center, school, and the Bley household. The role of the preparedness of the public health agencies, who initially responded to the community emergency, and who should monitor the effects on the community health will be assessed. Identification of how public health care teams can enhance the citizens’ preparedness for emergencies will be explored as well as suggestions to improve personal preparedness in a similar community emergent event. The Neighborhood The Neighborhood has a population of 64,200 including all ages from zero to over 90 years-old. An uncontrolled forest fire has been burning for over five days. As firefighters battle the fire, city officials state the community is not in any danger. However, the thick smoke is covering the town. The healthcare workers are working hard to treat people of the community with chronic lung problems (Pearson Health Science, 2009). Hospital The local hospital is a 362 inpatient bed facility (Pearson Health Science, 2009). The raging fire has the emergency room and local offices seeing an increase of patients suffering breathing problems...
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...Job Staisfaction Human life has become very complex and completed in now-a-days. In modern society the needs and requirements of the people are ever increasing and ever changing. When the people are ever increasing and ever changing when the peoples needs are not fulfilled they become dissatisfied. Dissatisfied people are likely to contribute very little for any purpose. Job satisfaction of industrial workers us very important for the industry to function successfully. Apart from managerial and technical aspects, employers can be considered as backbone of any industrial development. To utilize their contribution they should be provided with good working conditions to boost their job satisfaction.. Job satisfaction is important technique used to motivate the employees to work harder. It is often said that “ A HAPPY EMPLOYEE IS A PRODUCTIVE EMPLOYEE”. A happy employee is generally that employee who is satisfied with his job. Job satisfaction is very important because most of the people spend a major portion of their life at working place. Moreover, job satisfaction has its impact on the general life of the employees also, because a satisfied employee is a contented and happy human being. A highly satisfied worker has better physical and mental well being. Definitions: In simple words , job satisfaction can defined as extent of positive feelings or attitudes that individuals have towards their jobs. When a person says that he has high job satisfaction , it means that he...
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...NAVOTAS ADVENTIST ELEMENTARY SCHOOL, INC. 516 Gov. Pascual St., Daanghari, Navotas City First Periodical Test SCIENCE IV Name: _______________________ Date: ______________ Score: _________ Rating: _______ Choose the letter of the best answer and write them on the space before the blanks: ____ 1. The living framework of our body is called ______. a. Circulatory System c. Skeletal System b. Digestive System d. Urinary System ____ 2. How many bones are there in the human adult? a. 270 b. 206 c. 270 d. 275 ____ 3. The smallest bone in the body is called ___. a. femur b. anvil c. stirrup d. hammer ____ 4. A rounded box that encloses the brain is called ___. a. cranium b. skull c. facial bone d. crane ____ 5. The bony part of the head is called ____. a. cranium b. skull c. facial bone d. crane ____ 6. The place where the bones meet together are called ___. a. ligament b. joint c. tendon d. cartilage ____ 7. A white, stingy, tough tissue at the end of each muscle is called ____. a. cranium b. tendons c. facial bone d. crane ____ 8. Which of the following bones protect the heart and lungs? a. ribs b. pelvic bone c. cranium d. mandible ____ 9. What is the shape of the scapula? a. triangular b. circular c. rectangular d. rounded ____ 10. How many bones are there in the axial skeleton? a. 80 b. 70 c. 60 d. 50 ____ 11. How many pairs of ribs do NOT attached to the breastbone? a. 1 b. 2...
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...Contents About the Authors Preface to the Second Edition Preface to the First Edition Acknowledgements Brief Contents 1. Introduction to Sales and Distribution Management Introduction 1 Evolution of Sales Management 1 What is Sales Management? 2 Nature and Importance of Sales Management 2 Relationship Selling 3 Varying Sales Responsibilities/Sales Positions 4 Importance of Personal Selling and Sales Management 4 Role and Skills of Modern Sales Managers 4 Skills of a Sales Manager 6 Types of Sales Managers/Sales Management Positions 6 Top-level (Strategic) Sales Managers 6 Middle-level (Tactical) Sales Managers 7 First-line (Operational) Sales Managers 7 Staff Sales Management Positions 8 Sales as a Career 8 Rewards in Sales Career 8 Salesperson to Sales Manager 9 Changing Role of a Salesforce 9 Women in Sales 11 Sales Objectives, Strategies and Tactics 12 Sales Objectives 12 Sales Strategies and Tactics 12 ii vii ix xiii xv 1 xviii Contents Emerging Trends in Sales Management 13 Global Perspective 13 Revolution in Technology 14 Customer Relationship Management (CRM) 14 Salesforce Diversity 14 Team Selling Approach 14 Managing Multi-channels 15 Ethical and Social Issues 15 Sales Professionalism 15 E-Selling 16 Linking Sales and Distribution Management 16 Distribution Channels 18 Maximising Customer Service 18 Sales Operations Planning 19 Summary 20 Glossary of Key Terms 21 Conceptual Questions 22 Objective Type Questions 23 Application Questions 24 Reference Notes 24...
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...Cognitive Linguistic and Idioms General considerations about cognitive linguistics Cognitive linguistics is a new approach to the study of language which emerged in the late seventies and early eighties and interprets linguistic knowledge as part of general cognition and thinking. This new contemporary study that argues that language is governed by general cognitive principles, rather than by a special –purpose language module, is therefore associated with semantics, but is distinct from psycholinguistics, which draws upon empirical findings from cognitive psychology in order to explain the mental processes that underlie the acquisition and storage of speech. The most influential linguists working along these lines and focusing on cognitive principles were Charles Fillmore, Wallace Chafe, George Lakoff, Dirk Geeraerts, Roland Langacker and Leonard Talmy. The most important assumption shared by all these researchers is that meaning is so central to language that it must be a primary focus of study. Linguistic structures serve the function of expressing meanings and thus, the mapping between meaning and form are a prime subject of linguistic analysis. In The Oxford Handbook of Cognitive Linguistics, Dirk Geerates stated : “ Cognitive Linguistics is the study of language in its cognitive function, where cognitive refers to the crucial role of intermediate informational structures in our encounters with the world. Cognitive Linguistics is cognitive in the same way that cognitive...
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...contents List of figures List of tables About the authors About the contributors Preface Authors’ acknowledgements Tour of the book HRM as I see it: video and text feature Publisher’s acknowledgements Key topics grid xviii xx xxi xxii xxv xxxiii xxxiv xxxvi xxxviii xl 1 2 2 2 3 3 3 4 5 6 8 9 9 13 16 17 18 18 20 22 22 24 25 27 30 I the arena of contemporary human resource management 1 the nature of contemporary HRM John Bratton Outline Objectives Introduction The development of HRM Keynesianism: collectivism and personnel management HRM in practice 1.1: A new role for HR professionals Neo-liberalism: individualism and HRM Management and HRM The meaning of ‘human resource’ The meaning of ‘management’ The nature of the employment relationship Scope and functions of HRM Theoretical perspectives on HRM HRM in practice 1.2: Twenty-first-century senior HR leaders have a changing role The Fombrun, Tichy and Devanna model of HRM The Harvard model of HRM The Guest model of HRM The Warwick model of HRM The Storey model of HRM HRM and globalization: The HRM model in advancing economies? Ulrich’s strategic partner model of HRM Studying HRM Critique and paradox in HRM viii contents ix Case study: Canterbury Hospital Summary, Vocab checklist for ESL students, Review questions and Further reading to improve your mark 33 34 37 37 37 38 38 39 41 44 44 45 46 48 50 52 54 55 56 56 58 60 62 65 66 69 69 69 70 70 71 72 72 73 73 74 77 78 80 81 88 92 2 corporate strategy and strategic...
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...Chapter 16: Managing Retailing, Wholesaling, and Logistics GENERAL CONCEPT QUESTIONS Multiple Choice 1. Intermediaries include retailers, ________, and logistical organizations. a. Internet companies b. wholesalers c. competitors d. box stores e. none of the above Answer: b Page: 503 Level of difficulty: Easy 2. Some intermediaries use strategic planning, advanced information systems, sophisticated marketing tools, measure performance on a return-on-investment basis, segment their markets, improve their target marketing and positioning, and ________. a. contend with dwindling customer bases b. aggressively “squeeze” manufacturer margins c. aggressively pursue take over strategies d. dominant the manufacturers they do business with e. aggressively pursue market expansion and diversification strategies Answer: e Page: 504 Level of difficulty: Easy 3. Retailing involves getting the goods or services to the ultimate consumer. Which of the following is NOT a form of retailing? a. The Internet b. Mail c. Vending machine d. Person e. none of the above Answer: e Page: 504 Level of difficulty: Easy 4. Major retailer types include the following EXCEPT ________. a. specialty store b. discount store c. catalog showroom d. the Internet e. superstore Answer: d Page: 505 Level of difficulty: Medium 5. Retailers can position themselves as offering one of four service...
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...Case Studies 1. SOLUTION TO STARTING RIGHT CASE, CH. 3, PAGE 110 This is a decision-making-under-uncertainty case. There are two events: a favorable market (event 1) and an unfavorable market (event 2). There are four alternatives, which include do nothing (alternative 1), invest in corporate bonds (alternative 2), invest in preferred stock (alternative 3), and invest in common stock (alternative 4). The decision table is presented. Note that for alternative 2, the return in a good market is $30,000 (1 + 0.13)5 = $55,273. The return in a good market is $120,000, (4 x $30,000) for alternative 3, and $240,000, (8 x $30,000) for alternative 4. Payoff table Laplace Hurwicz Event 1 Event 2 Average Value Minimu m Maximu m Value Alternativ e1 0 0 0.0 0 0 0.00 Alternativ e2 55,273 – 10,00 0 22,636.5 – 10,000 55,273 – 2,819.9 7 Alternativ e3 120,00 0 – 15,00 0 52,500.0 – 15,000 120,000 –150.00 Alternativ e4 240,00 0 – 30,00 0 105,000. 0 – 30,000 240,000 –300.00 Regret table Maximum Alternative Event 1 Event 2 Regret Alternative 1 240,000 0 240,000 Alternative 2 184,727 10,000 184,727 Alternative 3 120,000 15,000 120,000 Alternative 4 0 30,000 30,000 a. Sue Pansky is a risk avoider and should use the maximin decision approach. She should do nothing and not make an investment in Starting...
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...Emerging Markets Review 13 (2012) 516–547 Contents lists available at SciVerse ScienceDirect Emerging Markets Review journal homepage: www.elsevier.com/locate/emr Corporate governance, agency problems and international cross-listings: A defense of the bonding hypothesis☆ G. Andrew Karolyi ⁎ Johnson Graduate School of Management, Cornell University, 348 Sage Hall, Ithaca, NY 14853, USA a r t i c l e i n f o Article history: Received 30 June 2011 Received in revised form 6 August 2012 Accepted 7 August 2012 Available online 17 August 2012 JEL classification: F30 G15 G32 G38 Keywords: Cross-listing Stocks Bonding International financial markets a b s t r a c t Why firms from around the world seek to cross-list their shares on overseas exchanges has intrigued scholars during the past two decades. A general dissatisfaction with the conventional wisdom about investment barriers segmenting global investors and how cross-listings overcome those barriers cleared the way for newer wisdom about informational problems and agency conflicts, and how firms could overcome weaknesses in corporate governance by listing on, and thus “bonding” to, overseas markets with stronger regulatory oversight, stringent reporting and disclosure requirements and investor protections. Critics have challenged the viability of the bonding hypothesis, which I answer in this review. © 2012 Elsevier B.V. All rights reserved. 1. Introduction Cross-listing — also referred...
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...Case Studies 1. SOLUTION TO STARTING RIGHT CASE, CH. 3, PAGE 110 This is a decision-making-under-uncertainty case. There are two events: a favorable market (event 1) and an unfavorable market (event 2). There are four alternatives, which include do nothing (alternative 1), invest in corporate bonds (alternative 2), invest in preferred stock (alternative 3), and invest in common stock (alternative 4). The decision table is presented. Note that for alternative 2, the return in a good market is $30,000 (1 + 0.13)5 = $55,273. The return in a good market is $120,000, (4 x $30,000) for alternative 3, and $240,000, (8 x $30,000) for alternative 4. Payoff table Laplace Event 1 Alternativ e1 Alternativ e2 Alternativ e3 Alternativ e4 0 55,273 Event 2 0 – 10,00 0 – 15,00 0 – 30,00 0 Average Value 0.0 22,636.5 Minimu m 0 – 10,000 – 15,000 – 30,000 Maximu m 0 55,273 Hurwicz Value 0.00 – 2,819.9 7 –150.00 120,00 0 240,00 0 52,500.0 120,000 105,000. 0 240,000 –300.00 Regret table Maximum Alternative Alternative 1 Alternative 2 Alternative 3 Alternative 4 Event 1 240,000 184,727 120,000 0 Event 2 0 10,000 15,000 30,000 Regret 240,000 184,727 120,000 30,000 a. Sue Pansky is a risk avoider and should use the maximin decision approach. She should do nothing and not make an investment in Starting Right. b. Ray Cahn should use a coefficient of realism of 0.11. The best decision is to do nothing. c. Lila Battle should eliminate alternative 1 of doing nothing and apply the maximin...
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...CURRENT ISSUES SERIES Mergers & Acquisitions: Organizational Culture & HR Issues Deborah A. Pikula IRC Press Industrial Relations Centre Queen’s University Kingston, ON K7L 3N6 Tel: (613) 533-6709 Fax: (613) 533-6812 E-mail: ircpress@post.queensu.ca Visit our Website at: http://qsilver.queensu.ca/irl/qsirc/ Queen’s University ISBN: 0-88886-516-3 © 1999, Industrial Relations Centre Printed and bound in Canada Industrial Relations Centre Queen’s University Kingston, Ontario Canada K7L 3N6 Publications’ Orders: 613 533-6709 Canadian Cataloguing in Publication Data Pikula, Deborah A. Mergers & acquisitions : organizational culture & HR issues (Current issues series) Includes bibliographical references. ISBN 0-88886-516-3 1. Personnel management. 2. Corporate culture. 3. Organizational change. 4. Consolidation and merger of corporations. I. Title. II. Series: Current issues series (Kingston, Ont.). HF5549.P469 1999 658.3 C99-932294-X Executive Summary Mergers and acquisitions are increasing in North America as organizations try to expand their operations and increase their competitive advantage. But despite optimistic expectations, mergers and acquisitions frequently fail, in part because managers neglect human resource issues, which are rarely considered until serious problems arise. This study highlights the importance of proactive management of human resource issues, concurrently with financial issues, and offers detailed practical advice to help ensure...
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