Friday, February 14, 2020
HRM, Strategy and Performance - Essay Example inciples, the term personnel management do not reflects the entire functions of the personnel department and name personnel management changed to human resource management at present. Globalization and liberalization brought many changes in the business world and internationalization of business through outsourcing and offshoring are common nowadays. In any case, it is a fact that the interaction between employees of different culture has increased a lot in the current business word. Most of the big organizations are currently keen in keeping a diverse workforce in their workplaces because of different reasons. Managing a diverse workforce at the workplace is a complex task because of the huge differences in the requirements of the diverse employees. The performance of an organization depends heavily on the success of managing the employees at the workplace. In short, human resource management can make or break an organization. This paper briefly analyses the HRM topics in general and the topics related to HRM like the meaning of HRM, business and corporate strategies, stakeholders, corporate responsibility and diversity, international and comparative HRM, HRM an d Performance etc in particular. Human Resource Management or HRM can be defined in simple words as the process of employing people, developing their capacities, utilizing, maintaining and compensating their services in tune with the job and organizational requirement. HRMÃ¢â¬â¢s responsibility include hiring of the people, developing their resources through training, utilizing them by placing them in appropriate places and sustaining their services with respect to needs of the organization. In other words, HRM has two important functions; one with respect to the organizational needs and the other related to the individual needs of the employees. In short, HR department acts as the bridge between the organization and the employees. The needs of the organization and the needs of the employees may not go in
Saturday, February 1, 2020
The Export-Led Growth Model - Essay Example ChinaÃ¢â¬â¢s model is rooted in the double transition of demographic and structural transformation. China economy has tremendously managed the double-digit growth rates from the period when it began economic transformation. This enabled the country to move from a planned to a mixed economy where the market plays the significant roles in resource allocation. Thus, despite the political, social and economic problems associated with the rapid growth in China economies, export-led growth has tremendously enabled China to increase their profitability levels, balance their finances, exceed their debts and trigger their export growth rate.Export-led growth model have been successful in many economies that employ this model for creating economic transformation. The export-led model is significant because it has enabled many economies to increase their profitability levels, balance their finances and exceed their debts. China has benefited from the export-led model since they started using it because this model has enabled them to increase their profitability levels. China was ranked the second largest economies that have emerged and improved in terms of economic performance in the global market. This model has not only enabled them to increase their profitability level but also to balance their finances; thus enabling China to emerge as the successful economies in Asian markets.It has also triggered export growth rate in the China market; thus creating higher export levels.... This model has not only enabled them to increase their profitability level but also to balance their finances; thus enabling China to emerge as the successful economies in Asian markets. It has also triggered export growth rate in the China market; thus creating higher export levels in a rising spiral cycle. For instance, the GDP (Gross Domestic Products) in China market expanded by 2%, in the year 2012 and indicated in figure 1 below. Historically, the GDP average rate was 2.06% from 2011 and the record indicated the 1.50 % low in 2012 as indicated in figure1 below. China is one of the second economies after the United States that has improved their export rate in the global market. China has varied industries that export multiple products to diverse countries across the globe. The rise of population growth rate has enabled them to improve their economic performance because of rich markets because of both rich markets both in the domestic and the international markets. For instance, the National Bureau of Statistics of China reveals that the GDP for the China economy was 51,932.2 billion in the year 2012; thus contributing to economic expansion of 7.9 percent. Figure 1: GDP Growth Rate in China markets The implementation model of export-led growth has significantly contributed to increased rapid growth in the China markets. For the last three decades, China economy has grown to the average rates, which exceed 9%; thus, it is widely admired by other nations (Razmi 2008, p. 1). Furthermore, the growth has been accompanied by the reduction levels in poverty; thus enabling the China market to be ranked among the leading and emerging economies in the Asian nations. However, the trajectory of rapid growth in China has created political, social made
Friday, January 24, 2020
An elephant was brought to a group of blind men who had never encountered such an animal before. One felt a leg and reported that an elephant is a great living pillar. Another felt the trunk and reported that an elephant is a great snake. Another felt a tusk and reported that an elephant is like a sharp ploughshare. And so on. And then they all quarreled together, each claiming that his own account was the truth and therefore all the others false (traditional parable). None of the accounts that the blind men made about the nature of the elephant are absolute truths, nor are the accounts false. An absolute truth, or one that is true for all, can not be achieved because of the constant motion of circumstances of who said it, to whom, when, where, why, and how it was said. Instead of absolute truths, the concepts or beliefs that the blind men claim are viewpoints that each one clarifies the nature of the elephant. Everybody has learned to see things from his or her own sense of reason and logic. The many things that people experience throughout their lifetimes, help to determine the judgments toward the different issues and objects that they encounter. Because individuals has his or her own sense of reason and logic, the perceptions that people encounter are ultimately true, and not false. Life does not contain one truth for any idea or object, but truths can be found in oneÃ¢â¬â¢s perception. It is difficult to determine that anything is the absolute truth. One should not prove tha...
Thursday, January 16, 2020
Vent Consulting Expansion and Risk at Hansson Private Label, Inc. Evaluating Investment in the Goliath Facility HBS#4021 Vent Consulting takes pleasure in presenting our Hanson Private LabelÃ¢â¬â¢s (HPL) capital expansion executive summary. We carefully reviewed all applicable case materials and believe we have quantified your primary risks, benefits, and most attractive course of action. 1) HPL has performed exceptionally well since inception in 1992. Financial statements show that operating revenues have increased from $503. 4M in 2003 to $680. 7M in 2007.During this time, gross operating profit increased by $24. 3M. This illustrates that the company is not sacrificing profits for top level growth. Capital replenishment matches or exceeds depreciation. Net income increased during the same time span by $9. 6M. The revenue gross margin has averaged 7. 8% growth and the gross margins have averaged 18. 6% over the last five years, while net income has averaged 5. 3%. Dividends have b een paid to stockholders. Cash flow from operations has increased steadily. The cash from investing has fluctuated from a low of $5. M in 2006 to a high of $7. 8M in 2003, indicating an overall conservative strategy of controlled expansion. HPL used more cash in financing in 2006 and 2007 than in previous years, which may contribute to future growth. To reinforce the companyÃ¢â¬â¢s financial performance: Ã¢â¬ ¢Total assets have grown over the years to a high of $380. 8M in 2007 Ã¢â¬ ¢Long-term debt is at a five year low at $54. 8M Ã¢â¬ ¢Net working capital is at a five year high of $102. 5M All four plants under HPL are operating at 90% capacity and a focus on conservative efficiency has led to strong financial performance.Comparatively speaking, HPLÃ¢â¬â¢s 9. 26% EBITDA ratio is stronger than industry competition, another indicator of strong earnings and management. 2) Vent ConsultingÃ¢â¬â¢s analytical summary is provided in Appendix 1. Note the calculated NPV of $4,971 an d IRR of 11. 1% at tab NPV-BASLINE. Given an accepted discount rate of 9. 38%, both the positive NPV and the positive 1. 7% IRR spread on this investing type project initially indicate a rewarding proposal. Additionally, the calculated profitability index of 1. 11 suggests the project should be pursued.Note that the discounted payback period is just under 7 years, 4 years beyond the contractual commitment under consideration with HPLÃ¢â¬â¢s largest retail customer. 3) Sensitivity analysis reveals interesting factors, however. Note in the additional tabs: Ã¢â¬ ¢Ramping up capacity utilization to 85% in 3 years instead of the projected 5 years yields a full 2% IRR increase. Ã¢â¬ ¢If aggressive marketing can capture secondary demand from competitors and increase capacity utilization from 85% to 95% in years 4 through 10, IRR is increased to 14. 8%. Ã¢â¬ ¢The project is very sensitive to unit selling price.If expected annual growth in sales price rises from 2% to just 3. 5%, IRR ri ses a full 6. 7% to 17. 8%. Ã¢â¬ ¢The project is also very sensitive to commodity costs. A small . 5% increase in expected inflation from 1. 0% to 1. 5% annual raw material costs reduce baseline IRR calculations to 9. 5%, making the project unattractive compared to the 9. 38% discount rate. Ã¢â¬ ¢Improved capital planning yields expected improved project returns. The last tab illustrates a potential improvement of 2. 5% IRR. Given this information, Vent Consulting has identified 3 courses of action (COA): 1) Accept the capital expansion proposal as written by Mr.Gates 2) Accept the retailer Ã¢â¬Ës 3Ã¢â¬âyear contract, but reduce capital risk by reducing the scale of expansion, improving the use of working capital and sub-contracting production shortfalls to other producers. 3) Maintain status quo and reject the retailer contract Despite the positive NPV, Vent Consulting recommends rejection of COA 1 due to the following uncontained risk factors: Ã¢â¬ ¢Required capital expans ion and associated financing does not match the proposed customer contract, adding uncontrolled capacity utilization risk.This risk is compounded by a lack of customer diversification. Ã¢â¬ ¢Difficult-to-predict sales price and raw material cost variables also add significant uncovered risk. Vent Consulting also recommends rejection of COA 3. This course of action would propagate HPLÃ¢â¬â¢s growing Ã¢â¬Å"cash cowÃ¢â¬ business model, and sacrifice an ideal opportunity to improve company performance and steal market share in cooperation with one of the largest industry retailers. We strongly recommend COA 2, which apitalizes on market opportunity while minimizing the significant risk of the original proposal. Specifically: Ã¢â¬ ¢Reduce capital expansion to 40% of proposed project. Ã¢â¬ ¢Improve capital management Ã¢â¬ ¢Dedicate primary capacity to key/primary retail customer(s) Ã¢â¬ ¢Sub-contract production shortfalls to other producers for lessor retailers/customers Vent C onsulting is eager to provide additional recommendations on how this is would be best accomplished Ã¢â¬â for a fee Ã¢â¬â once weÃ¢â¬â¢ve completed another few Themes.
Wednesday, January 8, 2020
In the short essay, Ã¢â¬Å"Black Men in Public SpaceÃ¢â¬ written by Brent Staples, discusses his own experiences on how he is stereotyped because he is an African American and looks intimidated in Ã¢â¬Å"public placesÃ¢â¬ (Staples 225). Staples, an intelligent man that is a graduate student at University of Chicago. Due to his skin complexity, he is not treated fairly and always being discriminated against. On one of his usual nightly walks he encountered a white woman. She took a couple glances at him and soon began to walk faster and avoided him that night. He decided to change his appearance so others would not be frightened by his skin color. He changed the way he looked and walked. Staples dressed sophisticated to look more professional so noÃ¢â¬ ¦show more contentÃ¢â¬ ¦This shows that he kept in mind how other people feel when they are around in a dark and late setting. He also tries to lighten up the mood and make himself seem friendlier by whistling tunes from classic al music. Ã¢â¬Å"I whistle melodies from Beethoven and Vivaldi and the more popular classical composersÃ¢â¬ (Staples 226). Whistling got people to feel calmer around him, for he writes, Ã¢â¬Å"and occasionally they even join in the tuneÃ¢â¬ (Staples 226). He changed the way he physically appeared to be so that people would be less likely to put on a stereotype about African Americans on him. There were various times I experienced people misjudging my shyness for being mean. The first time people see me they think I am a mean person because the way I look. When I walk, I do not have smile on my face so it looks like I am intimidating to talk to. Some were afraid to talk to me because they thought I was stuck up. When people begin talking or starting to get to know me they realized that I am a really nice and shy person. The first time I heard what others thought of me I was shocked because my personality is the opposite of what they think. I do not take it personally because I am a nice person once people get to know me. I felt bad because I do not mean to come off that way to others. The way I reacted to it was to smile more at people and try not to look so intimidating. I tried to change how I lookedShow MoreRelatedBlack Men And Public Space Essay1038 Words Ã |Ã 5 Pagesthat are an example of that are Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ by Brent Staples and Ã¢â¬Å"The F WordÃ¢â¬ by Firoozeh Dumas. The stories, Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ and Ã¢â¬Å"The F WordÃ¢â¬ are similar because both characters were discriminated against themselves, were not the only ones harassed, and each went through a tough moment. One of the ways the two essays are similar is because both characters were discriminated against themselves. For example, In Black men and Public Space Staples was discriminated againstRead MoreBlack Men And Public Spaces938 Words Ã |Ã 4 Pagespersonality. Brent Staples is an author and writer for the New York Times. He gives two simple examples of two different people in his excerpts Ã¢â¬Å"Black Men and Public SpacesÃ¢â¬ and Ã¢â¬Å"Parallel TimeÃ¢â¬ showing their differences and parallelism. Ã¢â¬Å"Black Men in Public SpacesÃ¢â¬ and Ã¢â¬Å"Parallel TimeÃ¢â¬ show how two black men have been stereotyped. Brent Staples on Ã¢â¬Å"Black Men in public spacesÃ¢â¬ recited that Ã¢â¬Å"My first victim was a woman- white, well dressed, probably in her early twenties. I came upon her late one evening on aRead MoreBlack Men and Public Space841 Words Ã |Ã 4 PagesBlack Men and Public Space Essay In Brent StaplesÃ¢â¬â¢ personal essay Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ , he tells the readers what happen to a young black man in an urban setting. He pinpointed that people often stereotype you because of color, race, gender, culture or appearance. In addition, the author expresses to us that he notices the space between him and other people, such as women on the street. Some people may disagree that women set a certain amount of space when walking by a black man on theRead MoreBlack Men And Public Space968 Words Ã |Ã 4 Pagesthe future. Due to the stigma that black men are all thieves, robbers , and criminals, they are more likely to be targeted by the police. If that stigma was magically erased and people stopped viewing Blacks as criminals, the world would be much more peaceful. This can be done merely through education,telling the truth about blacks and less assumptions. This idea derives from Brent StaplesÃ¢â¬â¢ Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ (Revelatio ns 167) and Meta CarstarphenÃ¢â¬â¢s Ã¢â¬Å"Black Versus Blue: Time for a Cease-FireRead MoreBlack Men and Public Space1084 Words Ã |Ã 5 Pagesrepresented God and all good. From literature we, as a society, have built what later became social rules, giving rise to things such as prejudice. In Brent Staples essay Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ this is clearly shown by the authors own experiences of antipathy and hostility towards him caused by his own self. In Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ , Brent Staples begins by coming to the realization of the way heÃ¢â¬â¢d be viewed for the rest of his life. He describes feelings of uneasiness towards his newfound self-imageRead MoreBlack Men And Public Space Essay1505 Words Ã |Ã 7 PagesIn the news we hear stories about how another black male have been sent to prison. The big question that most people ask is Ã¢â¬Å"why?Ã¢â¬ He was selling drugs. A petty crime like that gets a black male at least 10 years in prison. Whereas, a white male selling drug gets probation. African American are portrayed as thugs who either sell drugs or are always in the streets terrorizing people. For instance, in the article, THE FIGHT FOR BLACK MEN, by Joshua Dubois. A man named Joe, who lived in a typical africanRead MoreBlack Men And Public Space1609 Words Ã |Ã 7 Pages According to Brent Staples, in his book, Ã¢â¬Å"Black Men and Public SpaceÃ¢â¬ , he articulates about his experience as a young black man, moving from his small hometown to Chicago, to attend the University of Chicago. He shared that one late evening, walking on a deserted street in Hyde Park, which was an upscale neighborhood in the impoverished section of Chicago. While walking alone on the street, he saw a white, well dressed young lady, walking alone on the same street. He was a distanceRead More Black Men and Public Space in America1804 Words Ã |Ã 8 PagesBlack Men and Public Space: An Agent of Change African-American men and white men are born and raised within the continental U.S.; each of their own faculty empowered to change the social injustice of a society. The innate qualities of the African American do not compare to those of the white man, yet - Ã¢â¬Å"empoweredÃ¢â¬ they are with character. The foundation for the concept Ã¢â¬âÃ¢â¬Å"characterÃ¢â¬ is best defined as Ã¢â¬Å"holistic,Ã¢â¬ meaning of physical, mental and social qualities Ã¢â¬â A. AdlerÃ¢â¬â¢s school of thought,Read MoreJust Walk On By : Black Men And Public Space1464 Words Ã |Ã 6 PagesThe portrait of black men that people have had in their mind for many decades has narrowed their vision about black men and has automatically affected black menÃ¢â¬â¢s identity. When it comes to black people, one already has a picture in his or her mind and draws a conclusion about how black people have to look and how they will act. After I read the essay entitled, Ã¢â¬Å"Just Walk on By: Black Men and Pu blic Space,Ã¢â¬ written by Brent Staples, in which he talks about the fearsomeness mistakenly given to himRead MoreThe Portrayal Of The Young Black Men And Public Space1298 Words Ã |Ã 6 Pagesthe young black male in the late 1980s has not changed much in the United States. Brent Staples is able to reveal the truths of racial stereotyping in the United States, and the stigmas placed on young black males with the use of imagery in Black Men and Public Space. Appealing to the readersÃ¢â¬â¢ senses allows for better understanding of the time period Staples is writing about. Visual imagery is used to contrast how Staples appears to his Ã¢â¬Å"victimsÃ¢â¬ and how these Ã¢â¬Å"victimsÃ¢â¬ appear to the public. The fear
Tuesday, December 31, 2019
Sample details Pages: 2 Words: 528 Downloads: 5 Date added: 2017/09/15 Category Advertising Essay Did you like this example? Unfortunately Emergency Departments have little control over the amount and type of patients arriving in their hospitals. Many facilities are experiencing increased wait times and overflowing hallways with patients who have been admitted to the emergency department. These are increasingly troublesome issues that result from increased patient demand at a point in time when the number of emergency departments has declined and hospital inpatient capacity has decreased as well. This is why managing the flow of patients through their care is vital in preventing patient crowding, patient safety issues and quality of care. Demings PDSA cycle examines a four-step process for quality improvement. The four steps are simply Plan, Do, Study, and Act. Based on the four-step model, I would implement an improvement in the flow of patients from the emergency room of a hospital to admittance in a ward using DemingÃ¢â¬â¢s four steps as follows. DonÃ¢â¬â¢t waste time! Our writers will create an original "Pdsa Cycle" essay for you Create order In the Ã¢â¬Å"PlanÃ¢â¬ step, I would evaluate and analyze the current patient flow procedures by studying the current SOPÃ¢â¬â¢s (standard operating procedures) in place as well as discussing the procedures with all staff that have direct involvement with the patient flow procedures, like the ER staff and admitting personnel for the wards as well as patients. Next I would compose an improved plan weeding out steps in the old one that may not be conducive to the new plan while implementing new steps as well. Third, I would develop a time line that would establish a time and date that we would begin to initiate the new plan into effect as well. After completing the plan and the timeline, I would make sure that all personnel involved have been thoroughly briefed and are aware of all changes and timelines. I would also provide patients with information for warning them of the upcoming changes and asking them for their patience during the trial period until everything has been worked out. The next step is the Ã¢â¬Å"DoÃ¢â¬ step which entails putting the plan into action. I would begin putting the plan to action with as much precision as possible. However, I would emphasize to the staff to take great care in not interrupting the organizations daily activities as much as possible. Within this period I would make sure to closely monitor the staffs adaptability and patient response to the plan. The Ã¢â¬Å"StudyÃ¢â¬ step is the phase in which once accesses the change that has taken place, is the situation better or worse and how and what can improve it as well as what should remain the same. During this step I would access the plans downfalls as ell as benefits. I would also determine if the plan met its expectations and if not why. Last I would make necessary adjustments required to reach success. The last step is Ã¢â¬Å"Act,Ã¢â¬ in which all necessary changes have been made and the plan has been put into effect completely In this step, I would ensure that all staff are carrying out the procedures properly, that the process is running smoothly as w ell be prepared to make any adjustments, or watch or any problems that may occur as a result of staff or technological changes within.
Sunday, December 22, 2019
This chapter is an overview of relevant literature to this study. First of all, it elaborates on the essence of literary works especially on poetry and poetry reading and theories supporting them. Then, it provides a brief presentation of current theories on literature and language reading. This will be followed by a review of related topics such as reading in a foreign language. After that, reading strategies and their characteristics will be explained. After examining the theories, there will be an elaboration on the main instrument of this study. Finally, their characteristics will be explained as the reading strategies of the poems in this study are going to be categorized according to its strategy categorization. In this chapter, theÃ¢â¬ ¦show more contentÃ¢â¬ ¦Such a strong conjunction differentiates our readings to beyond the New Criticism and Reader-Response theory. The New Critics, such as Culler (1997, p. 122), discussed that poems are not historical works, and there should not be any room for intentions of the writers in interpreting them. Moreover, Reader-Response theory explains that the work is not an objective thing but the readers experience (Culler, 1997, p. 123). Reader-Response theorists expect the reader to sense the text in a way that is relevant to his experiences. The researcher believes that such kind of sources of information clarifies the vision as the poem interpreter. Vico (1990) explains that physical impulses, like senses, stimulate the imagination to have feelings to nature, New Critics call it as pathetic fallacy. This process leads to a kind of division between poetry and science, and also between modern poets and their predecessors. Further, Vico (1990, p. 14) writes that imagination roots firstly in the bodily or corporeal senses, secondly it represents itself by anthropomorphizing nature and by giving an entity to inanimate objects, and thirdly it acts as the coordination of different states of temporal experience preceding any narrative forms. Vico (1990) also believes that the principle of the origins of languages and letters is this fact that as nature was a necessity for early human, they were the real poets who were speaking in poetic characters. For him, asShow MoreRelatedResearch Methodology And The Execution Of Slr1978 Words Ã |Ã 8 Pages2. 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In Ã¢â¬Å"The Cosmic RaceÃ¢â¬ , by Jose Vasconcelos, he discussesRead MoreÃ¢â¬Å"How Can Companies in the Oil Gas Industry in Azerbaijan Improve Their Process of Recruiting and Selecting Their Potential Employees.Ã¢â¬ 1942 Words Ã |Ã 8 PagesIn order to be more specific and focused, this study will focus on how companies in oil gas industry recruit and select their workforce. The question this study will attempt to answer is Ã¢â¬Å"how can companies in the oil gas industry in Azerbaijan improve their process of recruiting and selecting their potential employees.Ã¢â¬ The OILGAS industry seems to be stuck in the past concerning their recruitment and selection processes and therefore this research would be helpful to the industry. 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Provide a theoretical understanding to analyse the data emerged from the participants in the qualitative research stage. This chapter consists of 6 sections: introduction to the chapter, PBL review, self-regulated learning review, self-assessmentRead MoreDeveloping Effective Research Proposals49428 Words Ã |Ã 198 PagesQualitative Approaches (Sage, 1998). previous page page_ii next page Page iv Developing Effective Research Proposals Keith F Punch previous page page_iv next page Page iii Ã © Keith F Punch 2000 First published 2000 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, transmitted or utilized in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without permission in writing from the PublishersRead MoreDeveloping a framework for critiquing health research5723 Words Ã |Ã 23 PagesLecturer in Health Studies, School of Health and Social Sciences, Middlesex University Abstract A new framework for critiquing health-related research is presented in this article. More commonly used existing frameworks tend to have been formulated within the quantitative research paradigm. While frameworks for critiquing qualitative research exist, they are often complex and more suited to the needs of students engaged in advanced levels of study. The framework presented in this article addressesRead MoreBusiness Communication Practice at Bat4241 Words Ã |Ã 17 PagesIntroduction 1. 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This also gives the basic system requirement inclusive of hardware and software requirements. It also gives a brief introduction