Foundations of Management Accounting †Myassignmenthelp.Com

Question: Depict about the Foundations of Management Accounting. Answer: Presentation: The executives bookkeeping is the procedure which measures and reports data about financial action inside the association. The procedure of the executives bookkeeping is useful for directors, as it helps in arranging, assessing and exercise of operational control. Arranging, assessing and operational control, can be clarified by the accompanying sub-focuses: Arranging Planning is required for choosing what to make, when to make and where to make it with respect to an item. Arranging is additionally useful for deciding the materials, work that is important to acknowledge wanted yield. Assessment of execution Performance assessment is required to assess the gainfulness of the item and its product offering. The commitment of administrators of the association. Operational control Operational control is important to get a thought of how much work is in progress on the manufacturing plant floor. Operational control is additionally useful in keeping up a smooth progression of creation. The task endeavors to assess the idea of money related bookkeeping and its key realities. The investigation further decides on the arrangement of item costing under action based costing (ABC). Besides, an immediate material spending plan and timetable of expected money dispensing have been figured to legitimize the exploration subject. Section A Contrast between Financial Accounting and Management Accounting: The board bookkeeping is disclosed by Nixon and Burns (2012) as the planning of the executives reports and records that give precise data, both money related and factual, to the chiefs which assist them with taking significant everyday choices. Budgetary bookkeeping can is characterized as the way toward summing up, announcing and recording the exchanges of an association and its tasks over a period. Hal (2011) states that the outline of budget summaries incorporates the accounting report, pay explanation and income proclamation, which gives the companys execution over a period. Contrasts among Financial and Management bookkeeping can be clarified as follows: Budgetary bookkeeping is the part of bookkeeping, which manages the money related perspectives and data of the concerned business. Then again, the executives bookkeeping is the part of bookkeeping that manages both monetary and non-budgetary parts of the firm. Monetary bookkeeping is seen and surveyed by both inside administration and just as outside gatherings concerned. The board bookkeeping, then again, is resolved and thought about just by the interior organization of the business. Budgetary bookkeeping reports are intended for the general population, for them to survey the organizations money related practicality. The board bookkeeping report is expected for the inner administration and is dealt with privately. Money related bookkeeping follows a foreordained arrangement, while the board bookkeeping has no such endorsed position. Monetary bookkeeping manages giving data about the budgetary status to its investors. Then again, the executives bookkeeping helps the directors in assessing the business execution, which will assist them with settling on better-educated choices later on. Monetary bookkeeping is accomplished for a predefined period (1 Year). Actually, the board bookkeeping is done when the administrators are needing it. (Quarterly, half yearly, and so forth.) For the motivation behind reviewing, money related bookkeeping is of central significance and is required in any organization. While the board bookkeeping isn't unreasonably vital and is done deliberately. Investigation of Fixed and variable Cost of Company X and Company Y: As indicated by Eriotis et al. (2011), the contextual analysis expresses that Company X acquires less fixed cost contrasted with its variable expense and Company Y causes less factor cost contrasted with its fixed expense. From this announcement, a surmising can be drawn that Company Y will understand a higher benefit on the off chance that the deal increments. As per the informative supplement underneath, where the deals in units increment by 10%, for both organization X and Y, it is seen that organization Y will acknowledge more benefit. At the end of the day, because of an expansion of one percent of units of deals of organization X, the benefit of X increments by 1.429% and correspondingly because of an increment of one percent of units of deals of organization Y, the benefit of Y increments by 1.882%. From the informative supplement underneath it is likewise seen that the all out commitment for organization X and Y is 10%. It is on the grounds that organization Y acquires a litt le factor cost contrasted with its fixed expense. Therefore organization Y wins a benefit of 18.82%. On account of organization X, it acquires a variable cost a lot higher than that of organization Y. In this way, from the above setting, it very well may be clarified that organization Y appreciates the advantage of working influence over organization X. Finishing up the above clarification, organization Y will understand the best increment in benefit. It is because of two fundamental factors that are; organization Y appreciates the advantage of working influence over organization X, and it acquires a less factor cost and progressively fixed expense contrasted with organization X. Therefore organization, Y will gain more benefit. Clarification of procedures of item costing under an Activity Based Costing: A bookkeeping strategy that recognizes the exercises of a firm that performs and doles out aberrant expenses to items is known as movement based costing. Movement based costing (ABC) is significantly applied in the assembling business, as it improves the steadfastness over cost information and gives a superior characterization of costs brought about during the creation procedure of an organization. This framework targets item costing, product offering gainfulness investigation, administration evaluating, and so forth. As indicated by Fei and Isa (2010), the framework can be utilized for decrease of overhead expense. An unpredictable domain is best for application for ABC. The accompanying advances can additionally clarify Activity-based costing: Cost Identification Identifying the costs that should be designated, is the first and the most significant advance in the all out procedure. As wastage of time isn't favored with a huge undertaking degree. For appropriate allotment of time and cost right factors should be distinguished to keep away from wastage of time. Optional cost pools Cost pools are made for those costs which are caused to offer types of assistance. Essential cost pools Primary cost pools are intended for those costs which are straightforwardly associated with the creation of merchandise and enterprises. A different cost pool for each line of item is useful as expenses are probably going to emerge at this level. A different cost pool ought to be assigned for promoting and appropriation of the item. Movement cost driver The factor that adds to the cost of business tasks is known as action cost drivers. Not many of the cost drivers are work cost, upkeep cost and other variable costs. Then again progressively specialized action cost drivers are machine hours, client contact base, reviews, and so forth. The executives picks cost drivers as the base for dispersing fabricating overhead. It isn't required for the administration to choose cost driver. The executives chooses cost driver at its carefulness. The determination is made by confirming the factors identifying with the cost acquired. The technique of item costing is related with administrative bookkeeping. The explanatory recourses have made item costing a normal element of assembling tasks. As of late item costing is engaged with movement based costing. ABC depends on the assumption that expenses happen in different exercises. As per the (Prates, 2014), ABC depends on the rule that creation of items doesn't produce costs. The assets that are important to help the business movement produce costs. The exercises created from creation expend costs. Part B Arrangement of companys direct materials financial plan and calendar of expected money payment for acquisition of materials for each quarter in the up and coming monetary year: General Corporation Direct Material Budget Specifics first Quarter second Quarter third Quarter fourth Quarter Anticipated creation units 6,000 9,000 8,000 7,000 Crude materials required for anticipated creation units (gm) 54,000 81,000 72,000 63,000 Cost of crude materials required for anticipated creation units ($) (A) 64,800 97,200 86,400 75,600 Shutting stock prerequisite ($) (B) 19,440 17,280 15,120 19,440 Opening stock prerequisite ($) (C) 0 19,440 17,280 15,120 Buy to be made in current quarter (A)+(B)- (C ) 84,240 95,040 84,240 79,920 The calendar of expected money payment for the acquisition of crude materials in each quarter is delineated in the table beneath: General Corporation Money Disbursements Points of interest first Quarter second Quarter third Quarter fourth Quarter Opening Accts. Payable 3,880 33,364 37,144 33,364 Installment made for current quarter's materials 54,756 61,776 54,756 51,948 Installment made for past quarter's crude materials 0 29,484 33,264 29,484 Absolute installment 54,756 91,260 88,020 81,432 Installment to be conveyed forward 29,484 3,780 - 3,780 - 1,512 Shutting Accts. Payable 33,364 37,144 33,364 31,852 Readiness of the companys direct work spending plan for each quarter in the up and coming monetary year: General Corporation Direct Labor Overhead Points of interest first Quarter second Quarter third Quarter fourth Quarter Creation units 6,000 9,000 8,000 7,000 Work Hrs per unit 0.30 0.30 0.30 0.30 All out hr

Waters Unique Characteristics Essays

Waters Unique Characteristics Essays Waters Unique Characteristics Essay Waters Unique Characteristics Essay Article Topic: Special Water, with its abnormal clinging to hydrogen, is a significant asset to the Earth, untamed life, and the earth. Because of waters hydrogen holding, it has created numerous one of a kind attributes that numerous different fluids don't have. A portion of these qualities are the accompanying: grip, union, and surface pressure. These three qualities alone take into account the connection of water to its self and to different particles for the development of water it self.Cohesion is simply the capacity of water to join to itself to move inverse the power of gravity. While grip is the capacity of water to connect to some different option from water particles, this takes into consideration water to move with out needing a power behind it. Surface pressure is the proportion of the fact that it is so hard to break the outside of a fluid. Water has a particularly high surface strain because of the way that water particles are intermixed with air and clung to other water atoms underneath it; in this manner, causing a practically undetectable shield.Other characteristics that water has are high explicit warmth, evaporative cooling, and a high breaking point. A high explicit warmth implies that it requires some investment for one gram of water to warm up by one degree Celsius. Because of this, water will change its temperature less when it retains or loses heat. Evaporative cooling happens in light of the fact that hot atoms leave, or getaway into a fluid or vaporous state, before cool ones and in this manner forestalls overheating. Likewise, another significant characteristic of waters is its thickness while in strong and fluid structures. Contrasted with different fluids, water is less thick in its strong state than in its fluid state.This happens on the grounds that when the hydrogen bonds are being solidified they bond with four different atoms at an a manageable distance instead of nearer to the hydrogen. This takes into account the ice, or strong type of water, to b e 10% less thick than the fluid stage. Be that as it may, one of the most significant advocates of water is its all inclusiveness. It tends to be utilized to disintegrate pretty much any substance. Consequently, arrangements have been wore either hydrophobic, water dreading, or hydrophilic, water adoring. In these two cases, the arrangement either can break up in water, hydrophilic, or is insoluble in water, hydrophobic.These one of a kind attributes permit water to be one fluid with its own capacities; in any case, it is the thing that these capacities permit in nature and in the condition that make water so extraordinary. The reason for grip and union essentially needs to manage the watering and sustaining of plant frameworks. Attachment is utilized to pull the water up the stems of plants to the top to support; then again, bond is utilized to help keep the water set up despite the fact that it is being pulled somewhere around gravity. Another case of how grip is utilized is in th e vessels of human blood frameworks; bond is utilized to pull the blood up versus the quality of gravity.Surface strain is utilized to permit bugs or different creatures to stroll over the highest point of water to take into account escape or for the catch of food. Waters high explicit warmth takes into account it to retain a lot of warmth without changing its temperature much. This considers in the late spring months, the sea shores to be chilled and in the winter a very long time to be warmed up. This additionally, balances out sea temperature, making an increasingly steady life for marine life, and it takes into consideration temperature variances ashore yet keeps the water inside limits that license life.Evaporative cooling of water adds to the security of the temperature of the lakes and lakes and furthermore forestalls creatures, and different instruments, from over warming. Evaporative cooling additionally assists with vegetation; it shields the tissues in the leaves from get ting excessively warm in the daylight. Besides, waters thickness is a superior ascribe to nature. As a strong, waters thickness is not as much as when it is a fluid this takes into consideration just the highest points of lakes, and so forth to become solidified as opposed to the bottoms. On the off chance that a lake were to freeze from the base up, at that point practically the entire Earths water framework would freeze up in just a matter of time.However, in light of the fact that this doesn't occur, the solidified layer on top protects the base part of water and considers marine life to live throughout the winter months as opposed to pass on. Waters comprehensiveness, be that as it may, is its greatest resource. This trademark permits water to be an effectively open lab accomplice all around the globe. Without water as a general dissolvable, researchers would need to make a dissolvable that might be too expensive cash and just take into account constrained investigations. Be tha t as it may, on the grounds that water is modest, and promptly accessible, researchers have no issue with directing the trials they feel are fundamental.

Transference-Focused Therapy Borderline Personality

Transference-Focused Therapy Borderline Personality BPD Treatment Print Transference-Focused Therapy for Borderline Personality Disorder Is transference-focused therapy right for you? By Kristalyn Salters-Pedneault, PhD Kristalyn Salters-Pedneault, PhD, is a clinical psychologist and associate professor of psychology at Eastern Connecticut State University. Learn about our editorial policy Kristalyn Salters-Pedneault, PhD Updated on May 14, 2018 Joe Houghton / Moment / Getty Images More in BPD Treatment Diagnosis Living With BPD Related Conditions Transference-focused therapy for borderline personality disorder (BPD) is a psychotherapy that focuses on using your relationship with your therapist to change how you relate to people in the world. What Is Transference? Transference is the theoretical process by which emotions are transferred from one person to another. Transference is a key concept in psychodynamic psychotherapies. In these types of therapies, it is presumed that  your feelings about important people in your life, such as your parents or siblings, are transferred onto the therapist. You then come to feel about and react to the therapist as you would to these important figures in their lives. It is believed that through transference, the therapist can see how you interact with people  and the therapist uses this information to help you build healthier relationships. Therapists who practice transference focused therapy for BPD believe that the key cause of BPD is related to dysfunctional relationships in childhood that continue to impact adolescent and adult relationship functioning. The theory is that through interactions with our caregivers in early childhood, we develop a sense of self as well as mental representations of others. If something goes wrong during this development, we may have difficulty forming a solid sense of self or have problems in how we relate to other people. Because there is evidence that childhood maltreatment or early loss of caregivers is associated with increased risk of BPD and because the ?symptoms of BPD include significant problems in relationships and instability in sense of self, some experts have proposed that BPD needs to be treated by building healthier relationships through the use of transference. What to Expect in Transference-Focused Therapy for BPD In transference focused therapy for BPD, the focus is on the interaction between you and the therapist. The therapist rarely gives advice or instructs you on what to do. Instead, the therapist will likely ask you many questions and help you explore your reactions during sessions. In transference focused therapy, an emphasis is placed on the current moment rather than the past. Instead of talking about how you related to your caregivers, you will spend more time talking about how you are relating to your therapist. The therapist also tends to remain neutral in this type of therapy and will avoid giving his opinion and is unavailable outside the therapy session except during emergencies.   Research Support for Transference-Focused Therapy for BPD Preliminary research supports the use of transference focused therapy for BPD. A randomized controlled study, one of the most rigorous forms of research, demonstrated that transference-focused therapy was equivalent to dialectical behavior therapy (DBT) in reducing some of the symptoms of BPD, such as thoughts of suicide, and was better than DBT in reducing other symptoms like impulsive behaviors or anger.   While this is promising preliminary support for the effectiveness of this treatment, it is important to note a major limitation of this study: Patients in the transference-focused therapy group received more individual psychotherapy than those in the DBT condition. While it is possible that transference-focused therapy is as good if not better than DBT at reducing symptoms of BPD, it is also possible that the improvements were due to the patients receiving more therapy. More research is needed to examine the success of this treatment. While more studies are being done, you may consider talking to your therapist about whether or not transference-focused therapy might work for you. He will talk you through the benefits and drawbacks of this kind of therapy and can give you a recommendation based on your unique situation.   The 9 Best Online Therapy Programs

Personal Statement Identifying Information - 924 Words

Identifying Information Barbara is a female whose age, sex/gender, race/ethnicity, relationship status, student/employment status, living situation, environmental context are all unknown. Presenting Problem The client reports that she has felt sad and depressed for the most of her life. The client recalls the symptoms starting in her teenage years and recurring at least 15-20 times with specific episodes lasting for a year or more. The client reports that she is systematically getting rid of her friends by not answering the phone or door when people attempt to contact her. The client reports that her sex drive is low, specifically stating that she does not have one anymore. Barbara is struggling with problems with sleeping, yet having issues with lethargy and extensive sleeping. Current and historical information The client reports that the symptoms she reports began in her teenage years and have been normal for her. The client reports that she has children who have completed college but the amount of children and their ages are unknown. The client’s social, medical, psychiatric, and trauma, substance use, and legal involvement histories are all unknown. The client’s culture and religion are also unknown. Risk and protective factors The client has children whose completion of college has been reported as her only hope. The client has also been resilient as evidenced by her ability to live with her symptoms for an extensive time. The client is also rearing childrenShow MoreRelatedBusiness Planning And Decision Making879 Words   |  4 Pagesplanning and decision making are mututal important in a business operation, many factors can contrubute to quality planning and decision making. Among all the factors, personal factors and environment factors are the two major topic in today’s business world. 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Elephants as Combatants

Hamlet Act 3 †the Dumb Show Free Essays

The Dumb Show As Claudius asks for the ‘light’, he wants actual light. The light also means the act of asking for forgiveness. People who are of the same rank or are comfortable with each other speak to each other is pros. We will write a custom essay sample on Hamlet Act 3 – the Dumb Show or any similar topic only for you Order Now Hamlet speaking to the players, he speaks down to them in verse. For the play within a play, Shakespeare uses rhymed verse to elevate the language. This was done because Claudius was of a higher status and this raises the severity of the crime. Hamlet is using the language to identify the’ criminals’, through the language. Blank verse – an official occasion or speaking to someone older (like poetry), like Hamlet and his Mother. Hamlet tells Horatio that he admires his sense of loyalty, character and sincerity. In the Excerpt: Identify 3 metaphors, how the theme of appearance vs reality is revealed In what ways is Horatio similar to hamlet? In what ways is he a foil? Is Horatio expendable in the plays plot development? Is act 3 the climax? No, I do believe that this was the climax. I believe i Is it evident that act 3 might be the climax of this play? This is because at this point we discover who Hamlet truly was. He is not the ideal hero we actually perceive him to be. His murder of Polonius was equal to the murder of King Hamlet. In both cases, there are children who lost their lives. Even though Claudius’s murder was pre-meditated, murder is still murder. Even though Hamlet did this without planning, the fact that he was able to take a life so abruptly shows that he is not in essence the ‘hero’ within the play. Anachronism – When something doesn’t fit the context of the play. For example Hamlet’s school didn’t exist in the time in which Shakespeare wrote the play. The recurring motif is son’s avenging their fathers. (Old Norway and Young Hamlet) Now Hamlet kills Polonius who has a son. Laertes After getting evidence that Claudius is actually guilt, he feels that he can now kill Claudius. That is why he kills Polonius without confirming why it was. (Deduced that it was Claudius hiding) How to cite Hamlet Act 3 – the Dumb Show, Essay examples

What freedoms does literacy offer in a globalized society Essay Example

What freedoms does literacy offer in a globalized society Essay What freedoms does literacy offer in a globalized society? Name: Course: Institution: We will write a custom essay sample on What freedoms does literacy offer in a globalized society specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on What freedoms does literacy offer in a globalized society specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on What freedoms does literacy offer in a globalized society specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Instructor: Date: What freedoms does literacy offer in a globalized society? Within globalized societies, the main agenda is the expansion of the actual liberties that people enjoy. Literacy is one of the instruments that most people use in the expression of freedom. The use of written communication in today’s world follows economic and socio-political systems as well as operations at domestic, national and global heights. Literacy provides institutions and other individuals with opportunities for learning new elements. The wide variety of literacy methods and practices used by people and communities in different contexts display the randomness through which literacy is acquired or used. Firstly, the more scholars study the process through which literacy is set in, the better the chances of the global community to view literacy as an actual instrument of freedom. Literacy bears many qualities of freedom as it is embedded in social relationships and change. Contributions on literacy by Amartya Sen analyze the value of literacy in pursuing opportunities as a means of maximizing freedoms. According to Sen, developed societies may have the freedom to decide and follow the lifestyle that people deem as valuable (Raley Preyer 2012, p. 214). In such situations, the individual’s actions are shaped by the environment and they determine the social context (Robinson-Pant 2003, p. 355). Secondly, negative aspects of denial of freedom such as child mortality, insecurity and unemployment are created and shaped by the society. Sen states that different communities possess different freedoms and consequently, different limits for organizing social transformation (Raley Preyer 2012, p. 217). Freedom forms the foundation for development within a society. According to Sen, a social structure such as the state are qualified subjects for studying freedom and links it to support for expanding people’s freedoms. The need for this support cannot be any clearer than in literacy. Lack of literacy illustrates a lack of freedom or as Sen puts it â€Å"unfreedom† (Raley Preyer 2012, p. 232). In addition, the fast pace of globalization in an already largely literate society exists amid 700 million individuals who lack the information to improve their lives, and play an increased role in politics and economic activities. Literacy carries certain advantages from political to economic. This is because acquisition of literacy improves an individual’s confidence and sense of worth. Such knowledge provides a way to increased civic participation with better knowledge on family planning and education matters. Data on literacy is however difficult to obtain as very little research has been done on the subject (Raley Preyer 2012, p. 223). Based on the latest researches, most reports place the number of illiterate adults at 774 million. That represents about 18% of the total world adult population. The majority of adults with little or no literacy are situated in sub-Saharan Africa, South and West Asia and the Pacific. In terms of gender, women represent about 64% of the total illiterate population (Horsman 2005, p. 167). Most of this percentage of the illiterate population resides in fifteen countries. South Asia has the lowest literacy levels mainly because of Bangladesh and Pakistan that have 47% and 50% respectively. Lower literacy levels are synonymous with low poverty levels. An example is in Ethiopia, Bangladesh and India where over 80% of the population lives below $2 a day. In these societies, the literacy levels are below 63% and the number of illiterate individuals stands at about 4 million people (Horsman 2005, p. 168). Literacy levels also tend to be lower in rural areas, among indigenous people and minorities. EFA goals currently set the bar for countries to achieve a 50% increase in adult literacy levels before 2015 particularly for women. These standards were unachievable, as some countries have already achieved over 60% literacy levels (Agnaou 2004, p. 123). Contemporary assessments of literacy do not encapsulate the political and academic debates that have occurred in the recent past. The definition of literacy has however grown to include human resource skills and socio-cultural as well as political change. From the 1960s, functional literacy developed alongside social change as a tool of development and consequently, development (Rajak 2007, p. 123). In addition, certain freedoms are realized from literacy in a direct manner while others are benefits accrued because of literacy within the society. Basic political rights such as freedom of speech, freedom of action and freedom of life are given by the mere acknowledgement of literacy. The slave owners in South America convinced legislators to prohibit slaves from reading. Islam societies similarly treat their women as virtual slaves as they are banned from attending school to keep them ignorant and illiterate. These two instances of denying certain sections of the society the privilege of a proper education signify the power of literacy. For an individual to be able to enjoy their individual freedoms they have to be able to read (Hung, Yoong, Brown 2012, p. 27). Intellectual empowerment is the starting point for individual freedom. Scholars have proved there is a direct relation between literacy, prosperity and improved living standards. These capabilities accrued from literacy such as increased incomes, civil liberties and health are assumed the means through which an individual can achieve certain freedoms. This argument is slightly different from the conventional one that claims that education and health are the means to achieving the final product that is income. According to Sen, income is just but one aspect that combines with other aspects to provide an individual and society with greater freedom (Raley Preyer 2012, p. 229). The use of literacy however depends on the society and the context in which it used (Juceviciene, Merkys Reinert 2002, p. 134). Particular countries such as China, South Korea and Taiwan have made great economic and political achievements that have translated into increased freedoms for their citizens. The rationale given behind their rapid economic development might be given as strategic exploitation of the global economy. However, basic education has played a major role in these developments. The case of China was particularly helped by its increased investment in the education sector. Under Mao Tse-tung, the basic education policies that were adopted in China made the country have an upper hand in benefiting from the global economy. Education, in this case, expanded the capabilities of the Chinese people that results in various types of rewards (Eisenberg, Lowe Spitzer 2004, p. 232). When people are illiterate, they are less likely to comprehend their legal rights and to protect them when required. This serves as a major setback in a scenario where on e party violates the rights of others. This problem mainly affects the poor populations as their rights are often violated due to a high level of illiteracy. As was mentioned earlier, women are more affected by illiteracy and as a result, they enjoy fewer freedoms. Women nit being able to read or write exposes them to violation in property rights and expression of other freedoms as they are unfairly treated. Implementing a strong sense of law within the society will not be beneficial, as people cannot take advantage of the laws if they cannot read them (Horsman 2005, p. 97). Illiteracy can lead to denial of political freedoms within a society. The reverse is true in more developed communities such as those in North America and parts of Europe. Literacy provides the members of a society with the opportunity to exercise their political rights such as voting in area representatives or providing opinion on policies. Literacy gives an individual the ability to decipher political jargon and at the same time, deliver politically relevant declarations. This is very important in the expression of demands to the state. Political freedoms are by far the most abused in countries having the highest rates of illiteracy. In such countries, the inequality in distribution of resources by the government leads to poverty in certain areas followed by illiteracy that completes the circle of muffled freedoms (Brayman Hackel Kelly 2008, p. 175). Studies done by Sen elaborate on different aspects of human security as part of the freedoms enjoyed in globalized societies. According to Sen, human security is achieved when the voice of the citizen is strengthened through increased literacy (Raley Preyer 2012, p. 237). An instance of food insecurity as suppression of the right to food and a denial of the freedom of choice on what to consume as an individual and a society will suffice to elaborate the relationship between literacy, political expression and realization of freedoms. Within established democracies, cases of food shortages are not recorded as people in these states are give political voice. This is because criticism of the failed government channeled by the free press will force the government to act swiftly to mitigate the effects of food shortage (Agnaou 2004, p. 121). Finally, the development of women and girls in most underdeveloped countries has been pegged on their ability to maintain autonomous incomes, possess ownership rights, literate and education. Literacy is solely responsible for the empowerment of women across the world. Although all these factors affecting women may seem diverse and unrelated, they cumulatively combine to suppress women’s freedoms. Social problems such as overpopulation have been found to reduce or even disappear because of an increase in literacy and education among women. In conclusion, literacy has had an important role in shaping some of the major events in the world that have later benefited the societies that embraced it. Literacy has played a major role in colonialism as it was considered the channel through which civilization could be spread within Asia and Africa. Among Christians and British soldiers in Uganda for example, the ability to read was assumed to bring about other skills such as reflection and increased reasoning (Daniell Mortensen 2007, p. 187). After independence, literacy also played a big role in building the new nations. Literacy was seen as an underlying factor to modernization that would ensure increased freedoms for the citizens. Literacy can also be considered as a form of power. To the illiterate person living in abject poverty, gaining literacy and education presents them with limitless power to transform their immediate surroundings. References Agnaou, F 2004, Gender, literacy, and empowerment in Morocco, Routledge, New York. Brayman Hackel, H Kelly, CE 2008, Reading women: Literacy, authorship, and culture in the Atlantic world, 1500-1800, University of Pennsylvania Press, Philadelphia. Daniell, B Mortensen, P 2007, Women and literacy: Local and global inquiries for a new century, Lawrence Erlbaum Associates, New York. Eisenberg, MB, Lowe, CA Spitzer, KL 2004, Information Literacy: Essential Skills for the. Information Age, Libraries Unlimited, Westport. Horsman, J 2005, Too scared to learn women, violence, and education, McGilligan Books/Mahwah, Toronto. Hung, AJ, Yoong, J Brown, E 2012, â€Å"Empowering. Women Through Financial Awareness and Education†, OECD Working Papers on Finance, Insurance and Private Pensions, no. 14, OECD Publishing, pp. 1-42. Juceviciene, P, Merkys, G, Reinert, GB 2002, Towards the Learning Society: Educational Issues. Lang, Frankfurt. Rajak, MP 2007, Literacy for equality and empowerment of women, Man and Life, vol. 33, no, 4, pp. 121-124. Raley, Y Preyer, G, 2010, Philosophy of education in the era of globalization, Routledge, New York. Robinson-Pant, A 2000, ‘Women and literacy: a Nepal Perspective’, International Journal of Educational Development, Vol. 20, pp 349-364.

Globalisation in Australia essays

Globalisation in Australia essays However, many will agree with me that globalisation has come to affect nearly every aspect of daily life, and has a profound effect on the development of the policies which shape our future lives. Globalisation perhaps the buzz-word of the nineties has come to mean many things to people, and our perspective of what it means is largely influenced by how we are affected. Some view globalisation as removed from human values - a bloodless enterprise, made up of computer blips, stock market figures and sales graphs. One person I asked joked globalisation meant 1950s lighting. My local Loys soft drink deliverer tells of his fears that Schweppes will be swallowed up by Coca Cola and no more discounts will be available to home deliverers like himself. He sees that globalisation once a buzzword used only by politicians and economists could intimately affect his life and his ability to bring up his children. People see globalisation like a giant pacman: eating up their familiar brands they took pride in. They went through the angst of losing the corner store thirty years or so ago, now they see they are losing everything that was home grown and familiar in which they had a stake. They feel disenfranchised, angry and diminished. They intend to make someone pay a price for that. Theyll take their anger to the ballot box and heaven help the political Party which pleads globalisation as an excuse. People are wary of change, especially when they are told they have no say in it. The most profound change in the workings of international financial, trade, political and security relations is being passed off as inevitable. National governments have facilitated the growth of globalisation through their dedication to the creation of a global level playing field - a concept in which people have as much faith as, say, Collingwood winning this years Grand Final (with all due respect to Mr ...

English 101 Reflecting Bullying Essay as a Therapeutic Experience

English 101 Reflecting Bullying Essay as a Therapeutic Experience English 101 Reflecting Bullying Essay as a Therapeutic Experience According to the UK Annual Bullying Survey 2017, 53% of 10 000 people aged between 12-20 years old have been bullied at some point in their life. They experienced verbal or physical bullying, cyberbullying, social exclusion or extortion. In fact, this type of conflict is so widespread nowadays that encountering it on daily basis isn’t surprising for anyone. Some American states have even adopted laws against bullying while the UK even doesn’t have a legal definition for it (but conducts surveys and researches on the issue). Man showing business graph on wood table Anyway, we bet you understand the seriousness of the issue. But we aren’t here to explain you something that you are well aware of. We want to tell you about therapeutic effects of writing a bullying essay. If you or your friend has ever been bullied, you always can use this approach to deal with the trauma. It Improves Your Health According to the research conducted by James W. Pennebaker, an American social psychologist, people who write about their negative emotional experience demonstrate a visible improvement of health – they visit physicians more seldom, their immune systems become stronger and some chronic illnesses recede a bit. It seems like magic, but it really works this way. It Uplifts Your Mood Long-Term Though the process of writing about the traumatic experience is quite tough as reported by the participants of the research, the aftereffect is a long-term improvement of mood and overall well-being. Writing lowers stress by allowing people to get their problems off their chest and look at them objectively, like from a distance. This way they can soberly reflect upon the impact of this negative experience and relieve some pressure. It’s like NZT-48 from Limitless! Do you remember Eddie Morra from Limitless who came across NZT-48 pills? After taking these drugs, he turned into a completely different person. Although this movie is a figment of talented Niel Burger’s imagination, the effects of NZT are pretty real and can be achieved by writing about the negative experience. Adults who described their traumas and problems in journals or notes got jobs quicker, students improved grades and started to skim classes less. They began socializing more and feeling more successful. It’s Better than Talking or Working out If you want to compare talking and exercising with writing in terms of therapeutic effects, writing pulls off a win. Why? Because the thing is in the cognitive outcome – when you translate experience into written language, you can see the story from the perspective of the observer and contemplate over it more. However, combining writing with working out and talking sessions brings much more results than using these methods separately. Writing bullying essays have much greater benefits than getting good marks for the topic you are good at. If you have ever experienced an act of bullying or you have a friend who suffers from it (even if it happens seldom), try or advise spilling everything out on the paper or Word document. You’ll be surprised by the result. Anyway, if you experience troubles in writing a paper on bullying topics, contact our English essay writing service right now.

Company Research - Australain Stock Exchange Paper

Company - Australain Stock Exchange - Research Paper Example In April and May, the share price has a general decline trend with slight increases. For the month of June, the share price is initially stable, declines and then starts rising. In July, it declines, becomes stable and then starts rising. Between August and November, the share price steadily declines, and rises, stabilizes, then declines and finally stabilizes in November. In December, there is a steady decline in share price with little stability towards the end of the month and starts rising in January 2012, then stabilizes till almost the end of February when it starts declining, stabilizes a bit, then undergoes a steady decline in March 2012.Therefore, the general trend in the share price for the last twelve months has been volatile. The ASX General Index has mainly been unstable. There is a general decline in the share index with slight increases between March and May 2011.From May, the share index rises with slight declines. It stabilizes a bit at the beginning of June, and then undergoes a steady decline. In July, it rises and declines steadily. In August, there is a steady decline till the minimum share index, then it rises and undergoes an unsteady decline and rise till March 2012. Therefore, the share index has been volatile for the last twelve months. The AYI share index has generally performed better compared to the ASX General Index. As the ASX General Index declines, the AYI share index also declines, especially between the months of March and May, and as the ASX General Index rises, the AYI share index also rises, at times even higher than the General Index, especially between May and August (ASX.com). The company’s last announcement to the public was made on 1st March 2012 and it was titled `The Competent Person’s Statement.† The announcement was significant because it is a requirement by the ASX as part of the listing rules.

Informatics and Framus Computers Case Study Example | Topics and Well Written Essays - 750 words

Informatics and Framus Computers - Case Study Example In order for this situation to be arrested, an external intervention is necessary. Â  The structures of the two companies do not align with the overall goals of the businesses. In order for such businesses to work together as a single unit, the businesses need to remove structural hurdles through ensuring that both structures support the shared operations (Mills 2007). In this case, the two businesses do not have clear structures. For instance, Informatics is more formal, bureaucratic, and hierarchical compared to Framus. This affects the flow of information between the two firms. Â  The strategies by the two businesses are not based on the competitive advantage of both firms. On the contrary, the two firms are almost competing with each other. This is affecting the relationship between the two firms which depends on each other for existence. Â  The systems of the two companies have not been laid properly in order to enhance coordination. As a result, there is no trust among the two organizations, an aspect that is affecting the overall quality of computer components being delivered to Informatics. Â  The staff and their style of work are different. Both sides blame each other for the challenges facing the organizations. For instance, the top-level managers of Framus feel that the other companies that use their products do not raise similar complaints that are raised by Informatics. However, on the other hand, Informatics Company’s management feel that the other firm is not doing enough to address the quality issues that have been raised by the business. The push and pull are affecting the overall performances of the businesses. Â  In order for both businesses to work together effectively, they need to have similar organizational structure. This would make it easier for the top-level managers to communicate easily with the rest of the subordinates (Mills 2007).

Recruitment And Selection Processes

Recruitment And Selection Processes In todays world, recruitment and selection policy plays an important role in the workplace around the globe where it is the key success factors in any business. Recruitment is the process of seeking and attracting a pool of qualified applicants from which candidates for job vacancies can be selected. However, selection is the process that choosing from a group of applicants the best qualified candidates. (Stone 2005, pp.187) Both the recruitment and selection are different management functions, but they can lead the employers to identify the right person for the right job. Thus, it also can help in increase effectiveness of organization. The relationship between employers and employees can seek a big different if compared to past decades. Existing of industrial relations and labor laws has created a protectionism and healthy environment for both parties in the workplace. However, there are still some issues existing in the society nowadays, especially unfair discrimination issue occur in some industries. In fact, those unlawful, unfair treatments or discrimination to the employees may increase the costs and turnover rate in the organization and thus lower the workforces morale. Without recruitment and selection policy, organization may simply hire workers to fit the vacancy spaces even candidates are lack of knowledge, ability, experience, or skill. Besides, numbers of foreign labors is increased from year to year whereby help company to save costs by employed labors in low salary. But, this caused unemployment rate increased and thus uncertainty is possible at the same time by increased in such activities like crime, strike, fighting, and so on. With no expertise workers, there is no doubt that organization will carry out low performance and unsatisfied services or products to the users. The inefficiency and ineffectiveness of the organization might affect its overall performance and reputation indirectly. In order to change the situation and increase the profit, organization may need to make some improvement like give the employees some jobs training and this will increase the costs indirectly. Therefore, it is needed for every organization to ensure that the jobs are suited to offer to workers with abilities by applying recruitment and selection policy to avoid unnecessary expenses. This research study can help everyone to understand the important of recruitment and selection policy toward the organizations in all industries. The information might able to achieve future goals by clearly define the influential of the policy within the organization. Besides that, organizations can also find this information as for their human resource management improvement. Furthermore, the general objective of doing this research study is to identify the recruitment and selection policy can help good relations by ensuring that workers are engaged for jobs suited to their abilities and workers can get satisfaction in their jobs. Secondly, this research study can lead to understand how the policy help organization performs in more effective ways in order to make a right choice. Employer need to choose the most suitable employee to help increase performance of organization. Thirdly, it is important to understand how policy creates a healthy workplace by providing fair treatment to everyone for gaining win-win situation in both employers and employees. That mean organization performance can get improvement and employees can get fully satisfaction in their jobs. Lastly, it is needed to study whether the recruitment and selection policy can make changes in human lifestyle such as better or worse, high educated, skillful, knowledgeable, and so on. 2.0 Literature Review Recruitment and selection are the two important processes under Human Resource department in an organization. Good recruitment and selection policies will ensure a good industrial relation between employees and employers in an organization and also ensured workers are engaged for jobs suited to their abilities. A study made by Hsu Y.R, et al., 2000, found that it is important to have Human Resource managers on the board participating in the development of corporate strategy and that it is important to integrate Human Resource Management policy fully with corporate strategy. However, there are issues pertaining to recruitment and selection policies in industrial relation between employers and employees. In Anastasi, 1988, p-144; Bible, 1990, Cascio, 1987, p. 132; Hutfcut, 1990; Seymour, 1988; Thornton, in press) studies as cited in Smither J.W., et al (n.d) studies, it says that applicant perceived selection procedures as lacking in validity, or otherwise regarded as offensive or intrusive, are more likely to be viewed as unfair, unethical, or immoral issues resulting in more complaints and court challenges. By perceiving unlawful and unfair treatments by employers, workers motivation level to perform well will be lowered down and in turn will increase the costs and turnover rate in the organization. Besides that, Smither J.W. et al, (n.d), also mention that those workers who does not like an organizations policies, practices, or style is likely to go job shopping somewhere else. Changes in workforce demographics may also increase the difficulty to attract and recruit enough qualified workers. The types of benefits can be influence by the demographic factors as well. For example, medical coverage, life insurance, and retirement benefits will be more likely for older workforce. On the other hand, workers under 30 tend to be more interested in flexibility, technology, and training. Therefore, the policies provide for employees should not a one size fits all approach; organizations can provide employees options for customizing a benefits package to match their individual needs (John C.R., 2009).The research made by Hsu Y.R., et al., (2000) on recruitment and selection policies in Taiwan found that the internal recruitment method are commonly used by the responding firm in Taiwan and may not only motivate workers to perform better and increase their commitment towards the organization, but may also improve their job security through upward or lateral career oppor tunities. In Sparrow, P. et al., (1994) study (as cited in Hsu Y.R., et al., (2000) mentioned that by using internal personnel sources effectively, it may also allow management to observe and assess the abilities of employees accurately given the accrued knowledge gathered over the employment relationship. This may avoid management from recruiting and selecting workers that are lack of knowledge, ability and experience to fit into the vacancy spaces besides helping the management to maintain good industrial relations with workers. There is still having some organization discrimination about the union. In the organizational for Economic Co-operation and Development there is declining in union density (Visser,2006; Peetz, 1998). Some of the companies have specific selection criteria to make sure they get staff that are culturally fit with what the companies culture and wish to avoid employees that have strongly unionized, preferring those from non-union (Rae Cooper, et al.,2009). This show that, in the early stage which is selection, organization already tend to choose those not union and those who are unions no chance to get the job. In addition, some companies recruitment policy have stated that they not to employ union members. At the recruitment meeting, human resource consultants and customer service managers have come out a question that whether the workers worked at company that was heavily unionized company can make a good team fit (Rae Cooper, et al., 2009). Joining the non-union organization, workers a re not protected under union and it will relate to more issues like unsatisfied on their working condition, payment, bonus, and others. Furthermore, this will lead to the unfair/unhappiness or workers. So, it cant maintain a good industrial relation between management and workers. There are suggestion that the varied and multilayered de-unionization tactics were not mutually exclusive, as the soft and informal human resources policies only hidden away the more clear and proper plan by employers to break collective representation at the workplace level ( Rae Cooper, et al., 2009). Multinational enterprise (MNE) has facing the problem that in different countries the Human resource procedures are different. Multinational enterprise facing difficulty to transmit their employee relations practices between contrary units operating in different countries. MNEs are important agents in transmitting industrial relations and other employment relations practices across national and cultural borders argued by Sparrow et al, 1994. The improvement in working conditions introduced by the collective agreement since 1989, lower the labor turnover. Organization should not be underestimated the importance of recruiting suitable individuals into an organization (Tony Royle, 1999). Recruit suitable employees into an organization can help increase the performance of organizations and lower down the turnover in the organizations. However, an organization is able to take benefit of employees who share common traits, kicking out those who may question managerial right, have notions of worker solidarity and an interest in trade union representation (Royle, 1998). 3.0 Content analysis Recruitment and selections policy plays vital important role in ensuring that the organization recruiting the qualified workers for job which are commensurate with their abilities. Recruitment and selection is usually central workforce development issues and challenges for the growing and smaller organization nowadays. The employers or human resources should always define the qualifications and experience that needed for the vacant job clearly by ensuring that the applicants skills or abilities that employed are fit with the job. There are always two primary issues that should be concerned by the recruiter or employer which are discrimination that due to the use of informal methods of recruitment and possibility that selection process being skewed by the initial recruitment phrase. Sometimes, discrimination is happen indirectly and unconsciously throughout the procedure. When discrimination occurs, the employer may miss the opportunity of getting the appropriate applicants that suite d with the job. Thus, fair and equity recruitment and selection procedures need to be emphasized to ensure that all applicants have equal employment opportunity so that the company can employ the most suitable applicants for the job that match with their ability. In additional, there are three steps should be taken by the organization which are develop an up to date job description, develop effective recruitment strategy that concern the recruitment sources and recruiter and evaluate the recruitment strategy. Recruitment process and methods also need to check regularly and evaluate now and then. In order to ensure that the candidate engage to the job that suited with their abilities, the employer may explain term and conditions of employment to applicant before they are engaged for the job. By explaining the employment condition to the applicants, they will know more about the job scope and determine whether they are engage for the right job. At the same time, it helps to decrease the tendency of industry relation problems occur at anytime. Besides, selection techniques also plays crucial role in getting right person for the job. The employers must always make sure that the selection is based on suitability for the job and ensure that the recruitment processes are carried out by the competent recruiters that are experience and knowledgeable in human resources field. Once the applicants are proceeding to selection phrase, the individual or panel interview, test, role play activity or reference check will be carried out. Job knowledge test helps to measure the understanding of applicants regard to the job (Compton, 1996). The organizations are encouraged to follow competencies model in recruiting and selecting the applicants as it seeks to identify abilities needed to perform job well rather than focusing on applicant personal characteristics. Moreover, the employers of organization are most likely applying internal recruitment method which is filling the vacancy by transfer or promotions before recruit from outside. These can be supported by the example of recruitment and selection in Australia. In Australia, recruitment from within method is commonly practice by the organization (Nankervis et al., 2002).Filling the job vacancy through transfer or promotions will helps the organization to save up some additional recruiting, selecting and training cost as current employee knows the organization well. Advertising and recruitment agencies are also widely used by organization in Australian as these recruitment methods help to reach large audience of applicants (Gill, 2000). Furthermore, existences of rec ruitment agencies help the organization to match the applicants abilities with the job vacancy. During the selection phrase, the organization in Australia will emphasize on interview, tests and reference check. Interview is important step in selection (Compton, 1996) and common selection tools for many companies ( Huffcult Arthur, 1994). In China, recruitment methods such as advertisement, job fairs, and corporate co-ordination are being practice by organization while for the selection techniques, Interview, tests and behavioral events are exercised by the organization. For example, increasing use of interactive role play during selection phrase helps to ensure that the applicants are engaged for the job that matched with their abilities. Selection phrase is important as it is process of choosing from group of applicants that individual best suited for particular position (Mondy Noe, 1993). Thus, the effectiveness of recruitment will definitely has impact on the efficiency of selection process. Jakob Bjurgert and Johan Karlsson from University of Gothenburg conducted a case study to get insight of hotel industry in Gothenburg, and examine whether internal recruitment could be a key success factor and if it solely could motivate employees. They investigate whether internal recruitment strategy sufficiency to be an incentive compensation system, and find out any difference of view on incentive system in the hotel industry, between the employees and the managements. They found that there are two different types of employees existing, where the first category employees were young and eager climbing the carrier ladder. For them, internal recruitment solely works as an incentive compensation plus motivation to stay in the company. Regarding to the second group, they were those mainly care about a stabile income and job security. Those employees simply less concern about promotion, but would rather appreciate a higher salary. Results from their evaluation also shown discrepancy between the managements and the employees view of the incentive system. An incentive compensation system existed in hotel did not works as motivational factors which from employees viewpoint, it was rather as a guideline to behave well service-minded manner. Merchant and Van d.S. (2007) described an incentive compensation system in terms of monetary and non-monetary rewards. Non-monetary rewards often consist of promotion, personal independence, rising in rank or position, autonomy, and recognition. Incentive compensation system aims to tie rewards to performance valuations. The system informs and reminds workers about what results are important, and motivates them to achieve these results. Incentive compensation systems are important for a firm in order to drive employees put more effort into their job. It is also personnel-related in terms of attracting the right person for the working place. Internal recruitment is one of the most popular incentive systems and become an old tradition in the hotel industry, as one of the non-monetary rewards. It is important for hotel industry in the service sector to have served minded employees. The industry is strongly dependent on their staff because they who are the frontline serve the customers and were important marketing tools. Motivation is needed as a force to push up performance. Through incentive compensation systems the hotel managers can design individual programs to motivate, retain and help attracting employees. (Karthik N.,Li M.,Zhaob X.,2006). However, increase the rewards can be devastating because the employees will then concerning more about the bonuses than to serve best quality to the customer.(Bjurgert J. Karlsson J.,2010) The work in a hotel is characterized by low status or low salaries, having intensive tasks and few chances to get promoted. Thus, motivation is one important tool to affect the behavior of the employees. To achieve motivated employees in the hotel industry, factors such as good salary a safe workplace, possibilities to get promoted and a good working atmosphere need to be fulfilled.(Simon T.Enz C.,1995). Zeithaml, V.A and Bitner, M.J. (2003) stated that before company recruiting a new employee, it is vital to analyze to see whether the potential employee is motivated to work in a service minded way. The hotel industry has a high labor turnover, due to long business hour, and minimum wages offered. New recruitments and learning processes cost time plus money, and company also loose competence and productivity. Nevertheless high turnover help s companies to lower down cost by offering employee the minimum salary when they first enter the company. Thus it is interesting to examine whether it is possible to stimulate and motivate employees solely through internal recruitment. Employees have to be motivated for the right thing, which is connected to the companys goals and visions. Increase workers salary and increase their responsibility and recognition when worker being internally recruited. The management needs to know how to motivate their employees with rewards. It is also important that the employees know how they are judged and how they should effort to reach these rewards. HRdictionary.com defined internal recruitment as the process of filling vacancies by recruiting staff from inside the company . According to Dessler G. (2010), the advantage of internal recruitment is getting more commitment from current to the company. Morale may also rise if employees see promotions as rewards for loyalty and competence. Moreover, inside candidates require less orientation and training than outsiders. At Gothenburg, internal recruitment in the hotel industry is frequently practiced by large hotel chains, where the supply of workers is large, and most positions are standardized.(Bjurgert J. Karlsson J.,2010). Most of the job advertisements go through via internal and external portal, where both internal and external applicants have a chance to getting the job. Even though they also advertise externally, most positions are filled with internal candidates. This could be explained by the size of the company, and high supply of candidates. 4.0 Conclusion In this study we can conclude that a good recruitment and selection policies will ensure a good industrial relation between employees and employers in an organization and can also help to identify that job can suit with the skills and abilities of employee. A good recruitment and selection process can give employer and employee achieve win-win situation. Recruitment and selection processes are main factor can help organization get successful in their business. In order placing a right people in right job is very important. This is because when worker enjoy satisfaction with their job, while can improve performance of worker. Thus, it also will help to improve overall performance of organization. In the recruitment and selection process, employer needs to pay more attention and aware on the skills, abilities, knowledge, and experience of candidates. Employer should be aware those requirement of candidates, so that can fully apply in the organization and integrate in the organization culture. Besides, those skills can effectively help in improve performance and profitability of organization. In additional, employee can also get fully satisfaction in their job because their skills can fully apply in job. In my opinion in the view point of employer, before start recruitment and selection process, employer must have clear idea about what kind of employee they want to seek and what kind of experience a potential employee to have had. It can help employer to raise success rate in the selection process by decreasing number of visibly under qualified or overqualified job applicants. Thus, employer also need to make sure what organization can offer will fix what job applicants desire such as salary, work hours, working conditions, working environment and so on. It can help in reduce the probability employee which recruited and will leave in the short period. Employer can provide recruitment agency or recruitment consultant to carry out company recruitment and selection process. Employer just needs to simple describe out what kind of employee they desire to get. After that, recruitment agency will help employer to make interview with all job applicants and then help them to find out the most suitable person. Next, in the view point of employee, before interview candidates should be ready to provide feedback of any kind of questions and prepare to answer different kind of questions during that interview. Before the interview, candidates need very clearly know about what kind of job they interested in. Furthermore, candidates can try to identify what kind of question may ask by employer and they need to how answer question to show their skills and abilities to get the job.

Best Buy Co., Inc. and Customer Centricity Essay

Best Buy Co. , Inc. is a specialty audio retail company that, through its unique marketing methods and willingness to risk and experiment, has expanded unto numerous subsidiaries across and among continents for providing consumer electronic products and services. It adopts the concept of customer centricity, in which a company’s efforts are designed to align their target and potential clients’ needs, wants, feelings, and behavioral patterns. Though they have incurred considerable challenges and losses along the way, Best Buy Co. , Inc. ’s journey to the business accomplishment has been one that has garnered them extensive experience and strong business disposition that has truly worked not only for their principle and processes but more importantly on their development. Marketing Case Study: Best Buy Co. , Inc. and Customer Centricity Best Buy’s Top Concern: Understanding of Consumer Behavior Best Buy Inc. , Co. has made it of great importance to center their business and marketing trade operations on better recognizing and identifying the how’s, why’s, and what’s behind their consumers’ approach dynamics to electronic retail purchasers. Philip Kotler defines consumer behavior as â€Å"the study of how individuals, groups, and organizations select, buy, use, and dispose of good, services, ideas, or experiences to satisfy their needs and wants† (Kotler, Keller, Ang, Leong, Tan, 2006, p. 179), which Best Buy has made their top priority through and through. With a humble beginning as â€Å"The Sound of Music† during the mid-nineteen sixties, Best Buy initially suffered a disaster blow which they quickly translated to building a sense of customer relations and, in every extent, better brand recall. As Store Service Manager Joe Brandt emphasized, â€Å"When the tornado hit, we decided to market to the community as a whole, and get electronics out there to everybody. We geared our selves up to win by understanding what consumers want in technology,†Ã¢â‚¬â€Best Buy has not only managed to turn the most unfortunate of circumstances into positive output, but they also exuded their willingness to identify who their consumers were, why they purchase from them, and what would make them happy (Author’s Last Name, Year, p. 139). During the steady growth through the mid-nineteen eighties, Best Buy wanted to keep the customer connection they have started. Thus, they broke away from traditional business sales by â€Å"eliminating commissioned sales representatives† (Author’s Last Name, Year, p. 139). Despite having experienced momentary financial woes, the company pushed through furthering circumstances. Amidst many adjustments, significant acquisitions of Geek Squad and Magnolia Audio and Video were made possible. Today, Best Buy is more equipped to depart from individual selling and is capable of providing better, wider, and more customer-focused services, from in-store, home, and office computer services needs. Focusing on the end-users, the development in understanding the various attributes the customers and clients led to the company’s five segment priority. This meant that discovering more about who their clients really are and how their clients shop for their electronics meant that in-store service processes could be further developed to suit their target consumers and those others in between who do get their electronics needs at Best Buy. The five segment priority not only gave them the opportunity for bettering customer service and knowledge, but also with customers’ and their respective segments as the focal point of all operations, personalization even in a the setting of business relations were made possible and sustainable. The process which Best Buy Inc. , Co. started and revolved centrally on different aspects for their customers, of which they were able to maintain through out and has been key their growth and success which translated to â€Å"1,172 stores, 140,000 employees, and $35. 9 billion in revenue† and world-wide business achievement and recognition (Author’s Last Name, Year, p. 139). Best Buy’s Journey through Customer Centricity With the employment of customer centricity as the company’s foremost business principle, Best Buy has learned many business lessons which they had to accept, adjust, balance, and realize as either forms in reward or drawback. The most obviously beneficial characteristic of customer centricity which provided Best Buy with a strong sustainable business advantage is its soaring customer relations. Creating an atmosphere wherein customers are not only comfortable but also confident that all their electronic needs and concerns shall be tended and answered in any Best Buy store. Through building individual customer rapport, Best Buy creates a business situation where brand retention, customer service, quality product, and service offering are all and more associated with their name and reputation. However, in considering the whole process of adaptation, the company underwent some difficulties. In the early-on stages that led to the principle acclimatization, Best Buy experienced an increase of expenses and a decline of profits when they decided to deviate slowly from doing business via sales representatives. Additionally, this move was critically queried by analysts, but more importantly, it was greatly identified and appreciated by the customers. As the market for consumer electronics slowed down, Best Buy continued to differentiate their style of business from the competition. Hence, risk was its key catalyst that brought success, though accompanied by some hardships. In creating the five-customer segment priority—Barry, the affluent professional, Jill, the soccer mom, Carrie and Buzz, early adopters, Ray, practical adopter, and Small business—Best Buy financially endeavored through the company’s vision of centering on the customer and were prepared to incur loses to better understand the inner-workings of their consumer. Within each segment, all had specific needs and features to which Best Buy fittingly offered solutions both product and service-wise. In the process of appreciating and grasping the purchasing techniques of their customers, Best Buy realized the need for financial pre-requisite that the adaptation entails to substantiate the processes and services to better fit the client, via the trialing of â€Å"lab† stores. These lab stores stood as an evidential gauge on who customers would receive, react, and respond to â€Å"product offerings, store designs and service offering targeted at each segment† (Author’s Last Name, Year, p. 140). In the transition of adopting, Best Buy computed costs up to $600,000 to qualify a specific store outlet as customer centric. However, it all paid off since it was positively acknowledged and received by its customers (relatively performing better, compared to the average chain counterpart). Thus, it spearheaded the formal integration of Customer Centricity throughout all its stores. With this, the identification of customer qualities had to be more specific, as they had fleetingly overlooked the differences between men and women as consumer electronics shoppers. Yet, with extensive research and tuning, consumer markets further distinguished their full potential was explored and utilized. Best Buy’s Pursuit to Accommodate Male and Female Market Shopping Qualities The constricting soccer mom segment seemed to limit the female market. â€Å"Research showed that women spend $68 billion on consumer electronics each year and influence 89 percent of all purchases. † This suggests that there is much potential for profits and improving female customer relations for Best Buy (Author Last Name, Year, p. 140). In addition to this, in terms of their shopping style, â€Å"men tend to be independent, whereas women tend to seek assistance while shopping for electronics† (McGraw-Hill Irwin, n. d. ). With these facts in hand, Best Buy opted to gear their processes even more to better answer the needs of their female market. Incorporating the customer assistant program was also premeditated and established for any and every query the customer has to bring â€Å"personal shopping to the next level† (McGraw-Hill Irwin, n. d. ). The personal shopping assistant not only facilitates the discussion of the clients’ electronic needs, but they also thoroughly explain key benefits on how and why certain electronic products would impact the lives of the customers, relating them on a personal level at each transaction, which favors the more dependent shopping style of women. Also, after broadening the Jill segment, Best Buy modified their in-store design for women, from color theme, lay-out, and displays of kitchen vignettes to packages, to house more appropriately their needs and thus, be more â€Å"female friendly† (McGraw-Hill Irwin, n. d. ). Best Buy Co. , Inc. truly adapted a system in which customer comes first, in every possible business and marketing scenario and circumstance. Through centricity, Best Buy elevated their brand and brand of service which put them in a class of their own, above from competition, beyond traditional marketing, and in the minds of their customers. References Kotler, P. , Keller, K. L. , Ang, S. H. , Leong, S. M. , Tan, C. T. (2006). Marketing Management: An Asian Perspective (Fourth Edition). Singapore: Prentice Hall. McGraw-Hill Irwin. (Producer). (n. d. ). Best Buy: Using Customer Centricity to Connect with Customers [Case Study Video]. Retrieved February 20, 2009 from http://www. mhhe. com/business/marketing/kerin9e/video/Ch05_BestBuy. swf. Last Name, First Initial (Author). (Year). Book Title. (Edition). New York: McGraw Hill Irvin.

The s Claim That Freedom Within Nothing More Than The...

Critically assess Hobbes s claim that freedom consists in nothing more than the absence of physical or legal constraints. In Leviathan, Thomas Hobbes attempts to set up the stage for the understanding of the nature of freedom. The account holds much significance, because, what people understand freedom to be matters a great deal to their past and present life. According to Hobbes, freedom implies â€Å"the absence of opposition (by opposition I mean external impediments of motion) †¦Ã¢â‚¬  (Hobbes, 2005, P157). However, Hobbes understood this to have had political implications and he talks of liberty (freedom from legal constraints) in contrast with obligations that act as constraints. He suggests that legal constraints do not make it physically impossible to do something, thus, he denies that there is anything more to freedom within a state than this absence of legal restrictions. Having argued this, he emphasizes the duty to obey the laws issued by the sovereign. However, Hobbes’s account has rightly been challenged in a number of ways. Suitably, in this paper, I will confront and critic ally assess the argument to show how it is ineffective in its attempt to provide an account for the nature of freedom. For Hobbes, freedom consists in the absence of external impediments and the absence of external impediments to motion. Hobbes believes that if my movement towards what I want is unimpeded, then I am free. Yet, if my movement is prevented in some way, then I am not able to actShow MoreRelatedThe Human Rights Act and Anti-Terrorism in the Uk: One Great Leap Forward by Parliament, but Are the Courts Able to Slow the Steady Retreat That Has Followed?17827 Words   |  72 Pagesanti-terrorism in the UK: one great leap forward by Parliament, but are the courts able to slow the steady retreat that has followed? David McKeever Subject: Human rights. Other related subjects: Administrative law. 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Major Components of Operating System - 5840 Words

Chapter 1 BASIC ELEMENTS At a top level, a computer consists of processor, memory, and I/O components, with one or more modules of each type. These components are interconnected in some fashion to achieve the main function of the computer, which is to execute programs. Thus, there are four main structural elements: †¢ Processor: Controls the operation of the computer and performs its data processing functions. When there is only one processor, it is often referred to as the central processing unit (CPU). †¢ Main memory: Stores data and programs. This memory is typically volatile; that is, when the computer is shut down, the contents of the memory are lost. In contrast, the contents of disk memory are retained even when the computer system is†¦show more content†¦On most processors, most of these are not visible to the user. Some of them may be accessible by machine instructions executed in what is referred to as a control or kernel mode. †¢ Program counter (PC): Contains the address of the next instruction to be fetched †¢ Instruction register (IR): Contains the instruction most recently fetched All processor designs also include a register or set of registers, often known as the program status word (PSW), that contains status information. The PSW typically contains condition codes plus other status information, such as an interrupt enable/disable bit and a kernel/user mode bit. INSTRUCTION EXECUTION A program to be executed by a processor consists of a set of instructions stored in memory. In its simplest form, instruction processing consists of two steps: The processor reads (fetches) instructions from memory one at a time and executes each instruction. Program execution consists of repeating the process of instruction fetch and instruction execution. Instruction execution may involve several operations and depends on the nature of the instruction. The processing required for a single instruction is called an instruction cycle. Using a simplified two-step description, the instruction cycle is depicted in Figure 1.2. The two steps are referred to as the fetch stage and the execute stage. Program execution halts only ifShow MoreRelatedOperating System and Network Administration Essay1729 Words   |  7 PagesThe Role of Operating Systems and Network Administration in the IS Curriculum D. Robert Adams and Carl Erickson Grand Valley State University Department of Computer Science and Information Systems Allendale, MI 49401 USA Abstract The reliance by companies of all sizes on information technology creates strong demand for system and network administration jobs. Information System majors will increasingly find themselves with opportunities and responsibilities in these areas. However, teachingRead MoreComparison of Mac Vs. 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Bourne Shell Read MoreUnit 2 TASK 1 Decoding the Jargon1194 Words   |  5 Pagesï » ¿TASK 1: Decoding the Jargon a. Create a booklet which explain the function of hardware components and identify communication between components. The pages should include photographs and diagrams to illustrate the information you include. (P1) Components communication The following diagram shows how components communicate each other’s. CPU Also known as the processor, the CPU is the heart of the computer and has two part: Control Unit The control unit controls the flow of data through