Thursday, September 3, 2020

Analyse different types of business information and their sources Essay

Verbal correspondence is conveying a message verbally to whoever is getting the message. A bit of leeway of verbal correspondence is the open door for guaranteed input to ensure the message was comprehended. Another favorable position is the chance to use nonverbal signals (tone, non-verbal communication, emphasis). These can apply to Barclays on the grounds that it’s significant for Barclays to get quick input which they can go on and enhance the Business. Likewise, Barclays will comprehend the message that is being given verbally significantly progressively clear in light of the fact that they’ll comprehend the non-verbal communication of the individual that is giving the message. A hindrance of verbal correspondence is that the correspondence or message that was put across isn't recorded (except if a camcorder is utilized), this implies if there are any kinds of miscommunication, for example, a representative getting inconsiderate to a client, there’s a high c hance that it won’t be reviewed once more. Another weakness of verbal correspondence is that it is more diligently to convey far and wide. These apply to Barclays on the grounds that Barclays needs to ensure that there verbal correspondence towards clients or representatives are clarified implying that they would need to result the drawback. Additionally, Barclays has numerous clients/workers around the globe, this implies this is a drawback to them as it is more enthusiastically to convey seeing as clients in different nations would be communicating in an alternate language, implying that Barclays would need to concoct an answer so as to ease verbal correspondence around the globe. Composed Communication Composed correspondence implies correspondence by methods for composed images either printed or transcribed. Points of interest of composed correspondence are that it is progressively exact (blunders can be remedied or content endorsed). Another bit of leeway is that a physical record of the correspondence is made. These can apply to Barclays in light of the fact that Barclays needs to ensure that their correspondence is as clear as it gets for their terms and conditions pages, and composed correspondence makes this simple for them as there is a high chance that they won’t commit errors. Another way these advantage Barclays is that when there is composed correspondence made, there is a physical record of the correspondence implying that there won’t be any mix-ups in correspondence between the representatives and clients, likewise clients can allude back to theseâ communications. A hindrance of composed correspondence is that composed correspondence takes additional time and is increasingly costly to plan due to printing letters about exceptional credit installments which prompts greater expenses as a result of the printing and stamps to send these letters. Additionally, another detriment is that there aren’t any kinds of prompt input. These can apply to Barclays in light of the fact that Barclays depend on schedule and don’t have quite a bit of it which implies that they need to diminish the measure of composed correspondence. Barclays for the most part depend on criticism, with composed correspondence there isn’t prompt input implying this would be an inconvenience for Barclays. Multi-media/On-screen Information Multi-media/On-screen Information is media on new advances, for example, text informing. This can apply to numerous organizations in today’s society. A favorable position of Multi-media correspondence is that the data can be spread to many individuals one after another. This applies to Barclays in light of the fact that they for the most part have numerous gatherings, and in them gatherings they can utilize a projector demonstrating an introduction which permits all individuals in the gathering so observe. Another preferred position of Multi-media correspondence is that it’s less expensive to utilize. This applies to organizations like Barclays, rather than Barclays sending data by means of a paper based framework which costs more; they can disseminate data to their clients through sight and sound correspondence. An impediment of interactive media correspondence is that a significant number of the older in today’s society may not realize how to function and comprehend the innovations utilized in today’s society. This applies to Barclays in light of the fact that Barclays may utilize text informing to their clients and a portion of their clients might be old individuals. Another detriment is that not all individuals on the planet approach interactive media correspondence. This applies to Barclays in light of the fact that Barclays presently offer types of assistance of web based banking, and text informing to their clients, anyway not the entirety of their clients may approach interactive media correspondence implying that Barclays would at present need to utilize a paper based framework for a portion of their clients which prompts more costs seeing as it is costly to keep up. Electronic Information Online data shows numerous advantages of media innovation. With theâ fast broadband associations in today’s society, it is conceivable to stream modern substance to a PC anyplace on the planet. A lot of intelligent sight and sound substance is currently conveyed by means of the web through sites, for example, www.barclays.co.uk. This is a favorable position for some individuals and organizations as the data can be gotten and perused any place and at whatever point it is advantageous for the individual/business. This applies to Barclays in light of the fact that they can send data to their workers from anyplace which can be perused by the representative at some random time. Another bit of leeway of online data is that it is simpler to disperse data through it. This applies to Barclays in such a case that Barclays is to have a change into how the business works and needs to advise their representatives, they can undoubtedly circulate the data on the web to their workers. An impediment of online data is that not every person can get to the web. This applies to Barclays on the grounds that Barclay’s workers may require some data from Barclays on any new data or changes to Barclays, anyway some of representatives might not approach online data implying that Barclays should convey data through paper based data. Another drawback of electronic data is that it very well may be directed to error. This applies to Barclays in such a case that data is disseminated to clients/workers, on the grounds that it’s through an online help, the clients or representatives may not comprehend it appropriately. One other drawback is that if the frameworks of Barclays crashes, it could imply that clients would not have the option to get to the site. This prompts undesirable clients whom may compose protests to Barclays. Inner Sources of Information Inner wellsprings of data are those which can give significant data in regards to the association from inside. For instance, a professional Barclays can give new workers an understanding of data with respect to how the business works. A preferred position of inside source is that the data is well on the way to be exact on the grounds that the wellspring of the data is from inside the organization its-self which is solid. Another bit of leeway of inward wellspring of data is that it very well may be shared among different offices and made broke down by specialists with in that sort of field. For instance, money related reports are made and broke down. Detriments of internalâ sources of data are that it very well may be expensive to create, for instance numerous individuals are utilized on a particular activity to simply gather and examine information. This implies this could really be less expensive for outside organizations to do it for them. Outer Sources of Information Outside wellsprings of data is optional exploration, for instance if a systematic Barclays needed to discover data around one of their rivals, for example, Santander, yet Santander doesn’t need to pass any data out to Barclays, Barclays would then request that an alternate association gather as much data about Santander. Geniuses of optional exploration is that the data as of now exists implying that this will spare time. Another star is that it is typically less expensive to get auxiliary examination rather than essential exploration which will set aside organization cash. Cons of optional examination are that now and again, it is typically costly also (scanner information). You may have less command over how the information was gathered. With auxiliary examination, there could likewise be inclinations in the information that you don’t think about. Likewise another con of this is the appropriate responses may not actually fit in your exploration questions. This applies to Barclays supposing that Barclays was to require data about their rivals, they’d allude back to an alternate association to discover this data out.

Saturday, August 22, 2020

Women in Politics in the Progressive Era Essay Example | Topics and Well Written Essays - 1250 words

Ladies in Politics in the Progressive Era - Essay Example Toward the finish of nineteenth century ladies were viewed as the ethical gatekeepers and the defender of the home. During the dynamic period, female reformers utilized belief system that so as to completely ensure the home, females should move to the open extension where they could rehearse their moral control over issues, for example, open cleanliness and training which in the end impactsly affected the homes (Schneide and Schneider 106). Before reserving the privilege to cast a ballot the ladies took part in the political field by joining chipping in associations to work for changes in the nation. Endeavors started to create at the grassroots level and reached out to the state and national level. These ladies completed research, executed program, and pushed for the governing body to investigate social, political, and financial issue. White collar class club ladies and settlement laborers were to sort out and address issues concerning instruction, social insurance, and political defilement while working ladies got composed in their own and in association with working class ladies to raise government assistance compensation and improve working conditions in America. African American ladies were in association to battle bigotry and offer shared help. The status of ladies was starting to change quickly in this period, for most part working class white wedded ladies thou they despite everything didn't work outside their home. Working ladies were essentially youthful and single, widow or divorced people or poor wedded lady. Most ladies kept working in horticulture as residential hirelings particularly the African American ladies. In any case, new openings were opening up and most ladies started to look for occupations in retail establishments. Mid-class ladies had the option to secure positions as administrative specialists for example typist, agent, phone administrator, and a couple exceeded expectations as legal advisors, specialists, columnists, and researcher (Schneide and Schneider 146). During the 1930s some changed ladies in the period were at that point in

Friday, August 21, 2020

Defies Reason through Faith Essay -- Essays Papers

Challenges Reason through Faith St. Anthony was conceived in Lisbon, Portugal in 1195 A.D. He needed to carry on with his life above himself as to offer importance to his own life. St. Anthony decided to turn into an individual from the Congregation of Canons Regular of St. Augustine at fifteen years old. At the assemblage, he committed his life to the act of devotion in the Monastery at Coimbra. While in the gathering, a portion of his kindred monks went to Morocco to lecture the Gospel of Christ. In Morocco, the monks were ruthlessly tormented for their confidence. Christian traders culminated in recuperating the friars’ remains and returned in authority back to Coimbra. At the point when they returned, St. Anthony was seized with a faithful want to endure affliction in a like way. St. Anthony at that point wanted to be sent to the missions in Africa, and his solicitation was satisfied. Subsequent to going to African land he was blasted with a grave disease. In spite of the fact that he recouped from the a ilment, he was still too powerless to even consider going on with his missions. In the wake of resigning to the desire of God, he boarded a pontoon back to Portugal. Be that as it may, a tempest drove him to the shoreline of Sicily, where he joined a gathering of ministers in Italy. Following his crucial in Italy, he then passed on in 1231 in Vercelli. During St. Anthony’s lifetime, he performed numerous wonders and a few demonstrations of God. One of these supernatural occurrences incorporated the restoration of a fallen man and kid. A demonstration of God incorporated the loss of his original copy and appealing to God for its arrival, and another demonstration was demonstrating to a man reality of the ceremony by utilizing his pony. Through supernatural occurrences and demonstrations of God, St. Anthony of Padua opposes reason through faith.1 2 One of the marvels that St. Anthony performed was breathing life into a youngster back. The youngster... ... 6 Stoddard, Charles W., The Wonder-Worker of Padua (Rockford: Tan Books and Publishers, Inc., 1971), 56-57. 7 Habig, Marion An., Everyman's holy person: Life, Cult, and Virtues of St. Anthony of Padua (Paterson: St. Anthony Guild Press, 1954) 23-24. Book reference - Cherance, Father Leopold De. St. Anthony of Padua New York: Consumes and Oates, Limited, 1895. - Habig, Marion A. Everyman's holy person: Life, Cult, and Virtues of St. Anthony of Padua. Patterson: St. Anthony Guild Press, 1954. - St. Anthony. 26 January 1997. 25 October 1999 http://www.jump.net/~stanthony/tonylife.html>. - Stoddard, Charles W. The Wonder-Worker of Padua Rockford: Tan Books and Publishers, Inc., 1971. - The Life of St. Anthony of Padua. 25 October 1999 http://www.stanthonyshrine.org/St_Anthony.html>

Saturday, June 6, 2020

Developing an Implementation Plan - 1375 Words

Noncompliance Patients in Hemodialysis: Developing an Implementation Plan (Research Paper Sample) Content: Noncompliance Patients in Hemodialysis: Developing an Implementation PlanName:Institution:Noncompliance Patients in Hemodialysis: Developing an Implementation PlanABSTRACTThis paper offers an implementation plan for noncompliance in hemodialysis patients; this involves mechanisms of obtaining the much-needed approvals from an organizationà ¢Ã¢â€š ¬s leadership and personnel. The plan outlined herein requires a meticulous approach, considering the delicate nature of this health problem. A proposal for solution to the problem is also offered with particular review of relevant literature as supporting substantiation. As for the implementation logistics, notable changes to organizational structure and culture are without doubt warranted.Special emphasis is placed on resources required for implementation, especially the human resources, who will be directly involved in plan implementation and follow-up. Important as well, is the aspect of financial resources in addition t o teamwork, coordination and consultation, which altogether reduce the impacts of any forthcoming attitudes of resistance to change.IntroductionHemodialysis (HD) involves processes of cleansing blood of accumulated waste matter and correcting the water, electrolyte and acid base abnormalities linked with renal failure (Murphy, 2006).Patients undergoing dialyses often have to face the burden of long term illness and many treatments and stresses. The burden may include medical complications relating to inadequate food and fluid intake and constraints, as well as psychological pressures associated with feelings of uncertainty regarding the future, for instance job dismal due to poor performance.Noncompliance in HD treatment has unquestionably adverse effects on the outcome of the procedure. According to (Sehgal, 2002)) noncompliance rates in the United States are highest in the world. In formulating and implementing a treatment plan of action for noncompliant hemodialysis patients, whi ch leads to a successful dialysis procedure, assessment (as a basic step) is fundamental. Several assessment may be carried out, the most important being physical assessment, which employs the use of patient and laboratory data analyses as tools of devising the implementation plan (Cicolini, et al. 2012). Blood pressure regimens can also be used as predictors of non-adherence (Kauric-Klein, 2013). Assessing such crucial information leads offers hints as to why many HD patients fail to adhere or comply with treatment procedures. Several reasons (to be discussed hereunder) have been given by patients as to why they fail to comply with HD treatment and with required diet.Compliance can be described as an end product of a relationship between a patient and a health professional; this relationship should be based on mutual respect between the parties as well as active participation between the patient and the health professional and it should not in any way involve coercion or manipulati on from either party (Murphy, 2006). Considering this reality is very important in developing an implementation plan to counter compliance or adherence problems to hemodialysis treatment.For HD to be effective ità ¢Ã¢â€š ¬s important that every party (stakeholder) is involved, and especially the health professionals who should always monitor the patients compliance with HD treatments through both subjective and objective measures as this human relationship between the two is the foundation of long term management of chronic illness.Literature ReviewA development plan for noncompliance in HD treatment ought to focus on the all stake holders involved in ensuring compliance of patients and suitable diet as well. The stakeholders can be classified into three categories, namely the patient, the health professionals and human elements in the patientà ¢Ã¢â€š ¬s social life of, such as family members and close friends of the patient (Cicolini, et al. 2012).Undoubtedly, home caregivers, ju st as nurses and dieticians or other medical personnel, play an important role in assisting patients to adapt to their hemodialysis treatment program. They should therefore be educated as well to be able to support the patient in adhering to hemodialysis treatment (Cicolini, et al. 2012). Many patients sometimes skip or fail to show up for HD treatment without prior notification to health professionals and or other stakeholders (Gordon, et al. 2003). Patients have often given several reasons for not complying with the HD treatment. Most young patients and those who have started HD early skip sessions since most of them fail to come to terms with the fact that they have started treatment procedures for chronic or life-threatening illness so early in life and this could lead to anger and resentment among patients (Murphy, 2006). Indeed, this occurrence is very common to patients and could be attributed to lack of awareness, encouragement and or proper care. Needless to say, the conseq uences of skipping such treatments and the development of resentment and anger bear serious physiological and psychological challenges altogether (Saran, et al. 2003). This more than often leads to inadequate dialysisAccording to Murphy (2006) anger is a common problem among patients suffering from this chronic diseases early in their lives. Patients have to be educated on the importance of complying with HD treatment and diet as this will serve to save and prolong their lives. Patients skipping HD treatment have always caused inconveniences to the health professionals and other patients as well. Professionals complain of financial implications, which include wastage of the supplies used for preparation of the patientsà ¢Ã¢â€š ¬ treatment, time wastage, as they are not able to accommodate other patients in their requests of their preferred availability. All this could be avoided through proper education and creation of an understanding between the patient and health professionals. To reinforce patientsà ¢Ã¢â€š ¬ education of patients, healthcare workers ought to offer informational materials to their family members. These materials could include handouts and detailed pamphlets about the medical condition, desirable behavior patterns and risks involved, to fulfill motivational rationale (Russell, et al. 2007).Nurses, as mentioned, play a very important role in ensuring patients comply with HD treatment and diet. It is in their place to effectively educate patients about the effect of missing occasions of treatment. In collaboration with dieticians, they ought to insist on patients to partake of dietary and fluid prescriptions, both at home and in health facilities (Welch, et al. 2013). However, HD patientsà ¢Ã¢â€š ¬ relevant edification about the nature of the disease and treatment procedures tends to show better adherence assessed by laboratory values (Murphy, 2006). Kugler, et al (2005) indicate that Nurses should study HDs patientsà ¢Ã¢â€š ¬ behavior reg arding compliance to treatment, diet and fluids intake by identify reasons why the patients opt to skip treatments (Gordon, et al. 2003).As part of implementation of treatment plan, a healthcare organization should devise ways of ensuring compliance by assessing the negative impacts of noncompliance to patients using logs and record data and consequently disseminate this information. This should be done on a personalized level via doctor, dietician or nurse interactions. This should also include regular educational follow-ups (Baraz, et al. 2009). Health professionals should therefore plan early interventions to minimize risks of non-adherence. Interventions that are more effective should therefore be implemented to improve adherence by the patients (Brogdon, 2013).It is also essential to have nurses constantly trained on emergent medical technologies in addition to dealing with patients of different and diverse backgrounds. In this context arises the matter of ethical consideratio ns, the approach to interacting with the patient should be based on the individualà ¢Ã¢â€š ¬s social needs as opposed to conventional standards. Even for highly noncompliant patients, the healthcare providers better be friendly, warm and encouraging, ensuring not to blame them (Hercz, 2014)).It is important for all members of the healthcare organizationà ¢Ã¢â€š ¬s dialysis unit to be involved in the implementation process for patient HD compliance. This would enable a smooth integration of the change in approach into the overall organizational structure and culture. More importantly though, and as mentioned, specialized nurses and dieticians in this section bear greater responsibilities in terms of initiating change. During this process, as it has been established over recent years, the use of technological applications should be considered to encourage compliance. With increased use of smart mobile devices, patients can self-monitor their food and fluid intake as part of HD treat ment (Welch, et al. 2013).Moral and social support is crucial to HD treatment and compliance to the same, many patients has complained of lack of social support from friends and family members (Cicolini, et al. 2012). Increased social support has been directly associated with increased adherence to HD treatments. Most patients under dialysis find it hard to accept their conditions hence disregarding their need to compliance to HD; this often goes on until the adverse effects of noncompliance become unbearable. Family support in ensuring patients comply with treatment is key since it creates a sense of belonging.Indeed, social support may reduce the burden of illness and improve the HD patientsà ¢Ã¢â€š ¬ perceived health. Nurses should therefore be advised to involve family members more often in the everyday care of the patients. In cases where family members are not readily, available they should spend more time with the patient ...

Sunday, May 17, 2020

Obama Won On Minority Votes - 1268 Words

Obama won on minority votes. He only won 39% of the white vote in 2012, and presumably Hillary Clinton would have greater support amongst white voters; since she quite frankly does not look like the president. As it stands now according to a WSJ poll, the Secretary has slightly lower favorability numbers than the president among white voters (Zitner). But, this question is being asked in the vacuum of yes or no favorability of one candidate, contrary to Election Day where voters would be picking between her and someone else. In that case the Secretary should pick up white women voters who would prefer her to the GOP candidate. However, she cannot focus on picking up white votes at the expense of minority votes. The Black vote in†¦show more content†¦This is excellent news for the Secretary’s hope of winning minority voters in the general due to her ability to win them over in this early stage. However, Secretary Clinton must find ways to preserve this level of s upport. African American voter turnout had record highs of 65% and 66% in ’08 and ’12 respectively (Walter,1). While this turnout was a piece of a larger trend, the chance to vote for the first black President could have overinflated these numbers. Obama pulled down 95% and 93% of the black vote in the general elections, and Sec. Clinton must find a way to replicate those results. She will not have the support based on shared demographics that the president benefitted from. The secretary is a rich white woman and that demographic difference from her predecessor will require her to find different ways to connect to this voting bloc. Specifically, she will need to run a color conscious campaign, in contrast to the relatively color blind campaigns that the President ran. How can she run a color conscious campaign without alienating the white voters? She just needs to follow these three points. First, win the endorsements of noncontroversial black figures. She has already begun this process by gaining support from Magic Johnson, John Legend, and Pharrell Williams. She also isn’t just picking up celebrity support, she also has earned endorsements from Senator Cory Booker, and Representative John Lewis. These could be considered

Wednesday, May 6, 2020

Essay on Alexander The Great - 1620 Words

Few historical figures stand out in the same degree as that of Alexander the Great. He was a warrior by 16, a commander at age 18, and was crowned King of Macedon by the time he was 20 years old. He did things in his lifetime that others could only dream about. Alexander single-handedly changed the nature of the ancient world in just over a decade. There were many attributes that made Alexander â€Å"Great.† He was a brilliant strategist and an inspired leader; he led by example and was a conqueror at heart. In looking at his early childhood, accession to the throne, conquests, marriage, and death one can see why Alexander the Great is revered in historical contexts as one of the greatest figures of all time. Alexander was born in†¦show more content†¦Alexander, noticing the horse was afraid of his own shadow, brought him into the sun and calmed him down. Young Alexander then jumped on the horse as Philip’s men watched on with amazement. Alexander kept the horse and named it Bucephalus, meaning â€Å"ox-headed.† He and the horse were companions throughout Alexander’s journeys and conquests, and when the horse died he named a city after him called Bocephia or Bucephala. Alexander’s astonishing upbringing ultimately led to his accession to the throne of Macedon. But first, Philip’s life must be viewed in context with Alexander’s to see how this child became a king of a great nation. Philip had many successes in his early years as King of Macedon, particularly because of his speed and decisiveness of action in battle. Within three years of his accession to the throne at the age of 24, Philip had unified Macedonia. Philip’s defeat of the Greek allies at Chaeronea in 338 B.C. is typically regarded as the end of the history of the free Greek world. In joining and making Macedonia secure militarily, Philip granted the conditions from which emerged a Macedonian imperialism. Philip’ s efforts are made possible because of the army he had built, which was later the same army Alexander led. The Macedonian army constantly had been a national army. The state was, indeed, the army; its king declared absolutely by the soldiers in arms. ByShow MoreRelatedAlexander The Great Of Alexander Essay988 Words   |  4 PagesAlexander became king of Macedonia after his the passing of his father, King Philip II. Within this essay, the information of Alexander will come from three different sources,and be compared to find the similarities in the history of Alexander amongst them. Alexand lived from 356 B.C.E. to 323 B.C.E., dying at the age of thirty-two. The three sources used have many similarities and broaden the history of Alexander, as they include more into the timeline of his life. Referring to the textbook, theRead MoreAlexander the Great 1054 Words   |  4 PagesAlexander the Great once said, â€Å"There is nothing impossible to he who tries†. 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Alexander III of Macedon was born in 356 B.C.E in Pella; the ancient capital of Macedonia, Alexander grew up in the shadow of his father’s success in transforming Macedonia into a great military

Communication Technology of Restaurants Adelaide †Free Samples

Question: Discuss about the Communication Technology of Restaurants Adelaide. Answer: Introduction Restaurants Adelaide has decided to adopt the digital communication technology to enhance their business operations. Redcat Smart Point Of Sales has come up with some accounting management solutions and business management solutions by which the restaurants business operations can get embellished The employee staff can communicate with each other and the business operations can be really fast and effective with the assistance of the information and communication technology. The report highlights the impacts of the social media, instant messaging, discussion forums, blogs, intranet and various other communication tools. Redcat Smart Point Of Sales applications contribution will be showcased in the report. The brief history The Restaurants Adelaide is a popular restaurant established in Adelaide, Australia and they are known to serve various kinds of delicious foods. They serve the customers of Adelaide various kinds of delicious foods from breakfast to lunch, from coffee to sweets. In breakfast, they serve the popular dishes like caramelised beetroot, Hommus, Porkbelly bacon, oven-roasted bacon, greens, sauces and others. In breakfast, they serve pasta to the customers. Also, spaghetti crab and spaghetti octopus are two delicious dishes of the restaurants. Also, they are known for Italian foods. Along with the spicy foods, they have been popular for serving quality sweets as well. Now they have decided to adopt the information and communication technology services for their premises. The information and communication technology can enhance the digital communication strategy within the organisation. Source data: Using Social Media in the workplace to communicate The social media can prove to be an effective tool in the restaurant workplace, the internal team communication can be greatly benefitted by the usage of social media applications of Redcat Smart Point Of Sales (Bhagat et al., 2017). In Restaurants Adelaide, there are separate departments for cooking of food, each department has been given the specific responsibility, still they need to collaborate among themselves for better preparation of food, the collaboration procedures can get eased with the advent of Internet, smartphones, and the social media applications. The cook can discuss with each other and can know the progress of the preparation of food (Yang, 2017). The manager similarly can be aware of the progress of the food and can assure the customers that the food will be delivered within time. The social media apps can help the cook to communicate with the waiter as well. The cook after preparing the food can immediately acknowledge the waiter to deliver the food. The cook can immediately inform to the managers if the vegetables or any other items get exhausted. Thus the social media can play an important role in Restaurants Adelaide. Communicating companywide employee recognition Redcat Smart Point Of Sales delivers value through restaurants procedures, restaurants solutions, restaurants employees (Kang, Tang Fiore, 2014). The employees of the restaurant if gets registered to the Redcat Smart Point Of Sales, the managers of the company can come to know the number of employees in the restaurant. The manager of the restaurant can track the employees if they get connected to the Redcat Smart Point Of Sales site. The manager can get a glimpse of all the employees who are online and who are active. In this way he can recognise the registered customers and he can divide the responsibility among the employees. The manager can analyse any query or any issue raised and can provide immediate solutions to the group chat (Drago, 2015). The employees can get the solutions immediately and can work with full efficiency, Thus the restaurant adopting the information and communication technology can be significantly benefitted. The delivery boys deliver the food items to the r espective customers destinations, thus the manager can know the food products are being delivered properly or not, also the if the delivery boys face any problem the manager can solve the problems immediately. Boosting workplace motivation through innovative communication tools Redcat Smart Point Of Sales provide various kinds of communication tools to the Restaurants Adelaide. The intranets, the chat rooms, private as well as group messaging can be beneficial for the restaurant (Utama et al., 2017). The intranet connections can help the employees to connect to each other within the same organisation. The intranets can be treated as a communication platform which can be helpful to connect to the external data sources like Google+ and other similar social media sites. The Business Intranets have become the standard in maintaining the data including the protocols, branding, logos and other resources. Restaurants Adelaide can be similarly benefitted by the Business intranets. The chatrooms, the group messaging and the private messaging can prove to be an effective tool for carrying out the business operations of the restaurants (Arcese et al., 2014). The chefs, the cooks, the serving staff, the dishwashers, the hosting staff, the bus persons, the delivery boys and the manager can communicate with each other via these innovative communication tools. The chat room can be helpful while the manager wants to communicate with all the employees and want to convey message all at the same time. The Instant messaging can be helpful for those employees who one-to-one communication; it can be helpful for the manager who wants to convey messages to an individual employee. A discussion forum can also become effective means of communication (Law, Buhalis Cobanoglu, 2014). A topic can be raised by some employee of the restaurant. The topic can be debatable as well. The employees can give reviews to the discussion forum, thus all the employees along with the manager can get an overview of the particular topic discussed. Also, the managers can analyse the topic discussed in the discussion forum and can take necessary actions. The internal blogs can be fruitful for the restaurant as well. The employees - the chefs, the cooks, the serving staff, the dishwashers, the hosting staff, the bus persons, the delivery boys and the manager can connect across all departments, because of the internal blog, the employees can stay up-to-date about the restaurants news update and the restaurants adopted new policies (Cline, 2014). The manager can send audio messages to the employees in the form of podcasts. Implementing instant messaging/group messaging, discussion forums and chat rooms in the workplace The instant messaging can help the restaurants managers to take quick actions, thus the business operations can be carried out in agile and effective manner. The chefs, the cooks, the serving staff, the dishwashers, the hosting staff, the bus persons, the delivery boys and the manager and other employees all can communicate with ease with the assistance of instant messaging feature from Redcat Smart Point Of Sale and remain connect with each other all the time (Cobanoglu et al., 2015). If any kind of issues incurs, the managers via instant messaging can inform a single employee or can inform all the employees in a single group messaging platform. Sometimes, it may happen any customer is dissatisfied with the restaurants service, the customer can complain and the manager by instant messaging can solve the issue. The discussion forum allows the employees to raise any question and issue and discuss the same in the forum (Chewning, Lai Doerfel, 2013). All the employees are welcome in th e forum, they can present all their views and based on that the manager will access all the aspects and can take vital decisions accordingly. Podcasts, internal blogs/vlogs as a means to communicate to employees The manager can communicate with the employees by sending the podcast to the employees. The audio files send a podcast to the employees will contain the important message that the employees must take into consideration, must follow (eri? et al., 2014). Similarly, the internal blogs and the vlogs from Redcat Smart Point Of Sales can be really helpful. The managers can create training videos, they can upload videos messages and behind the screen, footage can increase the employee engagement and the employee retention. Infographics is another mean by which the marketing team of Restaurants Adelaide can demonstrate the marketing strategies (Saeed et al., 2016). The infographics help to communicate instructions very easily and quickly. Using an internal intranet/social Intranet for employee interaction The intranet facilitates the better internal communication. The restaurants employees can stay connected with each other all the time; the employees can share staff news as well as announcements with the help of intranet (Linstone Phillips, 2013). Thus the corporate information can be shared anytime anywhere anytime. The intranet can also facilitate the share of the resources and the best practice. The intranet provides a platform, a virtual workspace. The virtual workspace encourages teamwork and it is the place where the resources can be stored and can be shared (Morrison Gomez, 2014). The manager, as well as the restaurant trainer, can use the platform to train the staff and the employees of the restaurant premises. The restaurant trainer can share online training materials with the staff via this platform. The intranet even can provide the enhanced customer service. The customers can give feedback and based on the feedback the restaurant can take actions. Conclusion It can be concluded from the above discourse that the chefs, cooks, serving staff, dishwashers, hosting staff, bus persons, delivery boys and the manager can be benefitted by the Redcat Smart Point of Sale application. The adoption of internet technology can give Restaurants Adelaide the edge to perform the business activities in agile and effective manner. Redcat Smart Point of Sale comes with multiple information and communication technology features that can improve the customer service for the restaurant has been discussed in the report. The impact of social media, the aspects of instant messaging, podcasts, and the discussion forum that can ease the communication process between the employees have been showcased in the report. Thus Restaurants Adelaide must adopt the intranet technology for enhancing the customer experience as well. References Arcese, G., Campagna, G., Flammini, S., Martucci, O. (2014). Near field communication: technology and market trends.Technologies,2(3), 143-163. Bhagat, S., Wate, P., Kurliye, R., Kadve, L., Sonune, P., Gonnade, P. (2017). E-Restaurant Android Application Using Near Field Communication.Imperial Journal of Interdisciplinary Research,3(3). Chewning, L. V., Lai, C. H., Doerfel, M. L. (2013). Organizational resilience and using information and communication technologies to rebuild communication structures.Management Communication Quarterly,27(2), 237-263. Cline, H. F. (2014).Information communication technology and social transformation: a social and historical perspective. Routledge. Cobanoglu, C., Yang, W., Shatskikh, A., Agarwal, A. (2015). Are consumers ready for mobile payment? an examination of consumer acceptance of mobile payment technology in restaurant industry.Hospitality Review,31(4), 6. Drago, E. (2015). The effect of technology on face-to-face communication.Elon Journal of Undergraduate Research in Communications,6(1). Kang, J., Tang, L., Fiore, A. M. (2014). Enhancing consumerbrand relationships on restaurant Facebook fan pages: Maximizing consumer benefits and increasing active participation.International Journal of Hospitality Management,36, 145-155. Law, R., Buhalis, D., Cobanoglu, C. (2014). Progress on information and communication technologies in hospitality and tourism.International Journal of Contemporary Hospitality Management,26(5), 727-750. Linstone, H. A., Phillips, F. (2013). The simultaneous localizationglobalization impact of information/communication technology.Technological Forecasting and Social Change,80(7), 1438-1443. Morrison, S., Gomez, R. (2014). Pushback: the growth of expressions of resistance to constant online connectivity.iConference 2014 Proceedings. Saeed, H., Shouman, A., Elfar, M., Shabka, M., Majumdar, S., Horng-Lung, C. (2016, December). Near-field communication sensors and cloud-based smart restaurant management system. InInternet of Things (WF-IoT), 2016 IEEE 3rd World Forum on(pp. 686-691). IEEE. eri?, M., Gil-Saura, I., Ruiz-Molina, M. E. (2014). How can integrated marketing communications and advanced technology influence the creation of customer-based brand equity? Evidence from the hospitality industry.International Journal of Hospitality Management,39, 144-156. Utama, D. N., Lazuardi, L. I., Qadrya, H. A., Caroline, B. M., Renanda, T., Sari, A. P. (2017, May). Worth eat: An intelligent application for restaurant recommendation based on customer preference (Case study: Five types of restaurant in Tangerang Selatan region, Indonesia). InInformation and Communication Technology (ICoIC7), 2017 5th International Conference on(pp. 1-4). IEEE. Yang, F. X. (2017). Effects of restaurant satisfaction and knowledge sharing motivation on eWOM intentions: the moderating role of technology acceptance factors.Journal of Hospitality Tourism Research,41(1), 93-127.

Monday, April 20, 2020

Injection Molding Essays (944 words) - Injection Molding

Injection Molding Injection Molding Injection molding is a process used to form products from plastic. The process requires a mold, clamping component, injection unit, and some sort of plastic. As time has advanced so has injection molding by developing new techniques and new products to aid in the manufacturing of the injection molded parts. Injection molding was used as early as the 1860's. It can be used to form many different products. Whether the products are small, large, complex, or simple they can be produced. Injection molding has derived from metal die casting. However, the polymer can't just be poured into a mold, it has to be forced into the mold cavity. The polymer is forced into the mold and pressure is held on it to avoid shrinkage in the mold cavity as it cools. Injection molding is capable of producing a large number of parts with very high precision. All thermoplastics except polytetraflouroethylene (PTFE), polyamides, and some aromatic polyesters can be used by the injection molding machine. Some thermosetting plastics can also be used. The typical fabrication process can be done by one of two different types of injection molding equipment. Either a plunger, or reciprocating screw type machine can be used. The process starts by melting the polymer resin. Once the resin is melted, a mold is placed in the clamping unit. The clamping unit is to hold the mold together. The plunger or reciprocating screw then force the polymer resin into the mold. In the plunger operated machine, the plunger is hydraulically operated. This forces the plastic through a heated area, where it is then spread into a thin layer by the torpedo. Then the melt comes to the nozzle and is injected into the mold. The reciprocating screw rotates, this moves the polymer resin forward for injection. As the screw rotates it acts to melt, mix, and pump the polymer to prepare it for injection. The reciprocating screw machine is the most widely used of the two machines. Once the polymer resin is injected into the mold cavity, the mold is allowed to cool. The mold has a gate, which limits back flow and directs the flow of the melt into the mold cavity. Once the mold has cooled and the polymer has solidified the mold can be removed and the part can be ejected. When the gate freezes, the screw begins to rotate again and the part is ejected. This completes the cycle time. Cycle times range due to the amount of time the polymer needs to cure or solidify. This is called the hold time. Some advantages of injection molding are high production rates, design flexibility, low tolerances, can process wide range of materials, low labor, little or no finishing, and scrap is held to a minimum. However, some disadvantages are high startup and running costs, part must be designed for effective molding, accurate cost prediction is difficult, and machine cost is very high. The high tooling costs come from the molds being built to a high level of precision. The molds are usually constructed of hardened tool steel, and aluminum or other soft metals when tooling life is not an issue. Tooling costs can range from $5,000 to $100,000. However, there are some parts that can not be formed by any other method of processing except injection molding. These parts typically become feasible around 1,000 pieces. To go with the high tooling costs there are a large number of variables that go along with it. Injection molding machines may require special plant services that other equipment does not. As technology advances so must the industry to keep up production. One way injection molding is keeping up is by becoming automated. Usually, operators are placing parts into molds, and then taking the parts out. Now, robotic devices are being used to place inserts before molding and remove parts after molding as well as a host of other operations as well. Not only does the robotics speed up the process, but makes it much more cost effective. Another way industry is trying to keep up with technology is by using computer software. The software is called ?Mold Adviser,? which is a mold design and analysis package that can be used to help speed up operations while reducing tooling costs. Using the past standard operation of designing molds a company could easily waste six to twelve weeks and anywhere from $30,000 to $40,000 on fixing a mold that has a problem with filling correctly. The new software

Sunday, March 15, 2020

Gay and Lesbian essays

Gay and Lesbian essays Adoption has long been a way for a loving family who cannot have children on their own, or a family with some extra love to give to have children. Today, adoption has taken a turn for the worse, Gay and Lesbian couples who of course cannot children are adopting kids. I see this as one of our nations number one problems. What kind of message are these kids getting? That homosexuality is all right. If this continues America will have a group of children running around with deviant behavior hardwired into their mind. Gay and Lesbian adoption must end for the sake of the children, for the sake of moral decency, and for the sake of the United States of America. Children in foster homes and orphanages have enough problems without have to deal with having homosexual parents. Other children and adult for something that they cannot control will persecute them, but their parents can. Even if they attend church they will not get the main Christian value of family. The biggest problem of all is that they might end up thinking that homosexuality is OK or even good, and that is just terrible. All children need the influence of a mother and father (Gay Parent online Magazine). Unfortunately, some children are not able to receive this because of death, divorce, or abandonment, but some just miss out on this because of two greedy homosexuals who what to have their cake and eat it two. The safety of the children is also in question when kids are placed with homosexuals. Forty percent of child molesters are homosexual, and they only represent ten percent of the population (Statistics website). This fact alone should make anyone want to outlaw homosexual adoptions. Also one of the nations foremost psychologist's Dr. Laura Schlessinger says that same sex parenting in "despicable" and "a huge portion of the male homosexual populace is predatory on young boys"(Newsweek 52). The most obvious reason homosexuals ...

Friday, February 28, 2020

BUSINESS LAW PowerPoint Presentation Example | Topics and Well Written Essays - 500 words

BUSINESS LAW - PowerPoint Presentation Example There is no magic in the cooperative way that makes it completely only in the way it is owned and in certain methods of operation. But while cooperative financing is in many ways the same with financing other business, the method of capitalization, the use of capital, and the handling of finances generally in a cooperative have certain distinctive features that must reflect cooperative principles. In other words, you can distinguish a true cooperative by its financial policies as well as other ways. Good financing of a cooperative does not come by chance or accident. It has to be well-planned, completely understood and mutually accepted. The members of the cooperative have the responsibility for financing their own cooperative. This is how they acquire their ownership of the cooperative and the right to control it. Others cannot be expected to take the risk of financing an organization for them. In addition, the members have the responsibility to study very well the financial policies presented to them by the board before approving them. In this connection, they must properly choose the persons who will constitute the memberships in various committees. These are the individuals who will protect the interests of the members. Separate legal entity and Limited liability are not applicable for the ownership of cooperatives.

Tuesday, February 11, 2020

Learning jounal Essay Example | Topics and Well Written Essays - 3000 words

Learning jounal - Essay Example Team working also facilitates people with further learning related to professionalism. In professional lives, team working is very significant, as people are required to be in teams. Team working also deals with communication. Communication is a skill that accommodates people to deal with one another. With the help of communication, people learn about living and working in group and teams. With the help of communication, we are able to get information and knowledge about people’s thinking, ideas and skills. Communication is a two way process in which the speaker and listener both have to communicate in a business setting in order to facilitate further communication. Leadership’s significance cannot be devalued as it is the leader who is able to keep people in teams and who facilitates them to follow him/her as a torch bearer (Renesch 1994). A leader is one who keeps people motivated towards tasks’ performance. In organizations and companies, leadership is very persuasive aspect, as it is only because of leaders that employees accompany each other towards a single motive and objective. Therefore, while working in a team, I learnt about team working, communication and leadership, all of which are very fundamental in professional life. All of these skills are interlinked to each other. Group effectiveness is very crucial in obtainment of jobs done. For every task or performance that is to be done by a group, there are some factors that are necessary to make the group productive and effective. The key factors that influence the effectiveness of a group are the characteristics of group members such as relevant professional skills, interpersonal skills, balanced diversity and time frame, member role, group size, norms, cohesiveness, development, adjourning and virtual communication (Devine, et. al 1999). Team working is all about cooperation and collaborative working because people are not working as individuals but

Friday, January 31, 2020

Imagine Yourself 26 Years Ahead Essay Example for Free

Imagine Yourself 26 Years Ahead Essay It was flaming hot, the sand beneath my bare legs burned when it hit water. I thrived to keep my eyes open, but instead I drifted into my daydreams imaginations, and spontaneously everything was peaceful and utterly dreamy. It was more to a vision than a dream when I imagine myself in 2026, but within an instant I am blown away. I discover that I am the new legend in the genetic research field in the United States, not only that but a mother too. Consequently, I see an extraordinary day of my future sought life, a casual day yet inscribed within history: the day I discover the AIDS cure. Suddenly, a river of emotions erupts through my veins but I know it’s everything I want in my future and everything I want the world to remember me by, to be a person who changed the world. In my future life I’m married to a guy called Joseph khan, he becomes the first man to step on Jupiter. I linger in my visions and expectations of future, wanting nothing more but to reach for it and make it happen, but then I wake up. The sun was down but I can see my surroundings as still as they were, then out of nowhere I see a guy setting near, â€Å"what’s your name† the stranger said in a soft deep voice, â€Å"Mariah† I breathed, stunned. He walked slowly and stretched his tanned arm toward me â€Å"khan, Joseph khan.† I was hooked.

Thursday, January 23, 2020

The Effects of Stigma and Labeling on Mental Illness Patients and Their

Mental Illness, that name conjures up a vast array of frightening images in the minds of the general public and media; an unfair image that is stigmatizing for the sufferer. The stigma is also pervasive in the mental health field, where patients who receive treatment are sometimes treated unfairly by the practitioners, who are supposed to help them in the first place. This is what my paper will discuss, the effects of stigma and labeling on patients and their families. I have culled many sources from scholarly papers, that back up my claim. I will describe what I thought of about the articles and how they pertain to the main points I am trying to make. In our society today, mental health treatment is considered to be much more humane and scientific, rather than the barbaric treatment given to mental health patients in the past. Although the psychiatric profession has considerably advanced, there seems to be a growing consensus from many mental health consumers and families, that the stigma of the past is still present in the treatment of mental illness today. It is considered inhumane to deprive someone in getting adequate treatment for their mental illness, but that is what is happening to many disabled mental health consumers. The majority of mental health consumers cannot afford to get the advanced treatment that is available to them, unless they either have enough money or good insurance coverage; most however do not. It is usually impossible to get into the specialty psychiatric clinics, like Stanford and UCLA, where treatment is very advanced and up-to date, therefore consumers have to be treated often within the county's mental health system; which is very rated very poor. In the article published by: Sharon Bowland, ... ...ple with mental disorders. Australian & New Zealand Journal of Psychiatry, 43(3), 183-200. doi:10.1080/00048670802653349. Kondrat, D., & Teater, B. (2009). An anti-stigma approach to working with persons with severe mental disability: Seeking real change through narrative change. Journal of Social Work Practice, 23(1), 35-47. doi:10.1080/02650530902723308. Rao, H., Mahadevappa, H., Pillay, P., Sessay, M., Abraham, A., & Luty, J. (2009). A study of stigmatized attitudes towards people with mental health problems among health professionals. Journal of Psychiatric & Mental Health Nursing, 16(3), 279-284. doi:10.1111/j.1365-2850.2008.01369.x. Wesselmann, E., & Graziano, W. (2010). Sinful and/or possessed? Religious beliefs and mental illness stigma. Journal of Social & Clinical Psychology, 29(4), 402-437. Retrieved from Academic Search Premier database.

Wednesday, January 15, 2020

Performance Appraisal and Career Development

Performance Appraisal and career Development Ms. Garima Gupta (Assistant Professor, MBA&PGDM) Banshi Group of Institutions, Bithoor, Kanpur ABSTRACT: The paper focuses on the roles that are played by the employee, the manager and the employer in planning, guiding and developing the employee’s career and points out that appraisal works as a motivating tool for the same as it improves employee’s job performance by identifying strengths and weaknesses and determining how their strengths, may be best utilized within the organization and weaknesses be overcome.It throws light on the fact that people wants to choose occupations, jobs and a career that makes sense in terms of projected future demand for various types of occupation the co.uk/hrm-352/">performance Appraisal system helps the employees to become aware of their personal skills, interests, knowledge, motivation and other characteristics which help to identify their career related goals and establishes action pla ns to attain goals, research is done to find out the employer’s role and also his career development responsibilities, that depends on how long the employee has been with the firm, it is the employer only who serves as a mentor to helps the person learn that ropes are important , it focuses on the importance of employer that it is only he who contributes in a positive way to the employee’s career & matches the person’s strength & weaknesses with the feasible career path and believes that development is one of the important step that helps to improve the organization career planning process. Performance appraisal: It is defined as the method of judging the relative worth or the ability of an employee in performing his tasks. It lets the employee know how he is performing (whether his performance is meeting the set standard or not) and helps him to improve his performance if lacking. It is generally carried out to evaluate the employee’s performance and also to develop him by capitalizing his strengths and overcoming the weaknesses. Who will appraise: The Appraisal can be done by one or by the combination of following: 1. Employer(Supervisor) 2. Peer 3.High Level Manager 4. Customer 5. Subordinate 6. Self-Appraisal Appraisal————-A Motivating tool to develop Employee’s Career and improving job performance———————————————————–by identifying Employee’s strength and Weaknesses It has been noticed that appraising the employee helps a lot in improving his performance it helps to know that whether the employee is meeting the set standard or not if not then what are the lacking areas in which he is not able to perform well, in order to overcome this the weaknesses of employee are identified and proper steps are taken to improve them & utilize his strengths effectively.Employe r’s Role in Identifying person’s Strengths and weaknesses: It is the employer who keeps an eye on the employees during his job performance it is only he who assign the task and duties to the employees after identifying the employee’s area of interest, his abilities and competencies in performing the task, he is the one who notices that how well the employee is performing and also notices the points where employee does not perform well during the whole performance Appraisal and evaluation process the employer comes to know about the strengths and weaknesses of the employee and ask the employee to overcome his weaknesses as they may prove to be obstacle in the path of his career development ,it is the employer who advises the employee to match his strengths and weaknesses with the opportunity and threats prevailing in the organization to achieve the career growth . The Employer should find out that how long the employee is staying with the organization and whether the skills and interest of the employee are meeting with the job post or not.If not than it is the sole responsibility of the employer to help employee in overcoming his weaknesses by guiding and providing suggestions in developing required skills in the employee, as the employer serves as the mentor to the employee in boosting up their morale and inhibiting confidence in them so that they can move forward in their career and build them according to their wishes. A positive contribution is required from employer’s side. Employee’s strength and weaknesses identified by the Employer: By continuously monitoring the activities performed by the employee and also by evaluating employee’s performance the employer brings out following Strengths and weaknesses in the employee- STRENTHS: 1. Level of Education 2. Sound job knowledge . Work experience 4. Positive personal characteristics 5. Excellent communication skills 6. Problem solving abilities 7. Team building charac teristics 8. Sound judgment and decision making abilities 9. A good Initiator 10. Controlling and Delegating Abilities WEAKNESSES: 1. Lack of higher Education level 2. Inappropriate job knowledge 3. Lack of work experience 4. Negative personal characteristics 5. Lack of communication skills 6. Low problem solving abilities 7. Lack of team building characteristics 8. Lack of sound judgment and low decision making abilities 9. Lack of Initiative characteristics 10. Low delegating and Controlling abilitiesThough strengths are the internal positive aspects of employees, which should be capitalized whereas weaknesses are the internal negative aspects of employee, which should be improved. It has been noticed that it is very difficult for us to know about about our weaknesses as we only wish to see our positive sides and tries to ignore our negative aspects, in such situation employer plays very crucial role in identifying our strengths and weaknesses, during Appraisal the employee also c omes across the points where he lacks and tries the way to improve in that area , the Employer emphasizes on the fact that the employee should take steps to develop his, skills, interest, Style and values.An impressing personality also proves to be one of the most important factors for growth, one should inoculate the skills of sharp learning in himself so that it helps employee to know more and more about himself and helps him to improve himself in the areas where the employee is weak. , Which in turn proves to be very much important for the growth of the organization. Following points are very important for employee’s development- 1. Employer’s Feedback 2. Areas of Employee Development 3. Praise as well as criticism from the employers 4. Maintain/improve knowledge & skills 5. Maintain awareness of operating environment & organisation’s mandate 6. Know & understand scope of responsibilities & duties 7. Give feedback on performance expectations a nd assessment criteria 8.Give feedback on constraints to achieving targets 9. Produce & maintain high quality of output Employee Competency: An employee should be good in following points in order to become competent by capitalizing strengths and overcoming weaknesses- 1. He should have sound knowledge about his job profile and his working areas. 2. He should a positive attitude towards the responsibilities and duties assigned to him. 3. He should posses a positive behavior towards his subordinates for the achievement of goals. 4. He Should be strongly motivated But these competencies can be developed only through a sound Appraisal System that will help to find out the employee’s drawbacks, which can be improved, y Training and Development. The employee can achieve success in his work by matching his own needs with the needs of organization. MATCHING INDIVIDUAL AND ORGANIZATIONAL NEEDS ORGANIZATIONALNEEDSINDIVIDUAL NEEDS StaffingMaking career/job choice DevelopmentMaking contribution Leveling offFitting into organization RestaffingUsing Experience Career development is directly linked with Human Development. It ongoes throughout the lifespan of an individual resulting in the individuals growth both in their life and work, it basically refers to shaping your career in a way you wish to. It helps in developing capable employees with best skills, knowledge and behavior.Employer’s Role in Career Planning, Guiding and Developing the Employee’s Career: Following steps should be taken: †¢Know yourself: †¢Who are you? †¢What is your motivational type? †¢What is your personality type? †¢What are your career assets? †¢Assess where you are in relation to where you want to be †¢Identify your strengths and developmental needs †¢Benchmark your goals †¢Planning: Create Your Career Development Plan †¢Preparation: Have a Career Discussion and be Competition Ready By keeping above points in mind followin g characteristics are developed in the employees by the Employer to plan and develop their career- 1. Employee’s personal interest and abilities 2.Integrating the employee’s personal value system with the organizational culture. 3. Developing Team building Skills. 4. The employer to deal with conflicts, grievances, Stress, and emotions provides healthy tips. 5. Developing the feeling of commitment and competence among the employees. 6. Boosting up the employee’s Career. 7. Creates awareness among the employee about his unique characteristics that makes him different from others. It is the prime responsibility of the employer to take active interest in an employees career planning. Promotions in the job through appropriate Appraisal system that brings following points in the employee’s mind- 1. The employee gains a sense of satisfaction and security. 2.It helps to increase employee’s loyalty as they feel that the organization not only concerned in i ts development but also in the development of the employee. 3. The feeling of promotion motivates the employee to develop their personal skills and potential abilities for their personal growth and development. 4. It encourages employees to match their personal goals with the goals of organization for effective and efficient working that will yield fruitful results. 5. The employee will take keen interest in asking the employer about his strengths and weaknesses and will try to match them with the opportunities and threats of the organization he is working with.Career Development Initiatives: †¢A periodic review should be done by the employer to discuss about the career plan †¢Employer and the manager should take active part in guiding the employees on the issues related to their career development. †¢Job Rotation should be done so that they may understand the variations in their responsibilities. †¢An effective performance appraisal programme should be done to h elp employee know about their lacking areas †¢Helping employees in identifying their skills, interest and values. †¢Helping employees in developing their career goals based on the needs of the organization. †¢Relating employee’s current performance with future potentials. Transfers ,Promotions ,Demotions/Termination, Relocation Services, Outplacement Services, Development Opportunity Announcements, promotion of CD Opportunities. †¢Encourage employees take more ownership for their own career development References: †¢1998, Archer North & Associatiates, Introduction to Performance Appraisal, http://www. performance-appraisal. com/intro. htm †¢A framework for HRM-Gary Dessler †¢HRM-An Introduction-Angelo S. DeNisi,Ricky W. Griffin †¢Human Resource Management-Principles and Practices-PG Aquinas †¢Human Resource Management-Theory and Practices-Tapomoy Deb †¢Terrence H. Murphy (2004-03-24) (PDF). Performance Appraisals. †¢T homas F. Patterson (1987). Refining Performance Appraisal. †¢www. rhemagroup. com †¢www. slideshare. com †¢www. usuhs. mil/chr/idp. pdf

Tuesday, January 7, 2020

The Impact Of European Sovereign Debt Crises Finance Essay - Free Essay Example

Sample details Pages: 7 Words: 1970 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? The Greek government-debt crisis caused the European sovereign-debt crises. Because of the Greek Until the end of 2011, nearly three years after European sovereign debt crisis erupted. The speed of its contagion and promotion never stop. Don’t waste time! Our writers will create an original "The Impact Of European Sovereign Debt Crises Finance Essay" essay for you Create order This crisis showed a dangerous signal contagion which is also a very important theme. From Italy to Spain, and even France to Germany, two largest economy of the euro-zone is also difficult to protect themselves. And the performance of the contagion effect the world economies include rating agencies downgrade the credit rating of euro-zone countries; reduced liquidity of the banking industry; loss of market confidence. Moreover, as the European sovereign-debt crisis have affected the global economy, leading the IMF Director, Christine Lagarde, to warn in January 2012 that the world could be headed to a 1930s moment II if the crisis cannot stop(Tim Christensen, 2012). The purpose of this essay is to discuss the impact of European sovereign debt crisis on the financial markets, especially in equity markets, bond markets and foreign exchange. Main body Investpedia indicates that Bond market is an environment in which the issuance and trading of debt securities occurs. The bond market including long term Treasuries, corporate bonds, municipal bond, mortgage debt and federal agency debt. It is an indispensable part in the financial system for one country. A unified, mature bond market can be used as a financing tool for investors and raisers to provide low risk investment. Therefore, the bond market is also an important carrier of the central bank monetary policy. National Bank of Greece is the largest Bank in Greece. Before Greek debt crisis erupts, this banks tier one capital adequacy can reach 11% (George Pagoulatos ¼Ãƒâ€¦Ã¢â‚¬â„¢Lucia Quaglia, 2010). Unfortunately, this Bank hold ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬18 billion Greek bonds. Once the Geek bonds restructuring, those bonds will be substantial depreciation and the Bank will suffer a great lost. Some large Greek abroad financial institutions also hold a large numb er of the Greek national bonds. For example, BNP Paribas Peregrine hold ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬5 billion and Commerzbank respectively hold ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬3 billion Greek bonds. Similarly, the situation of Royal bank of Scotland was worse than Greek in 2011. The bank hold ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬64 billions of Irish bonds, ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬12 billion bonds of them were already defaulted. This banks total assets at the end of 2010 were expected to reach ÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã… ¡Ãƒâ€šÃ‚ ¬58 billion. Although this bank already got the British governments bailout, if the Irish bond problem get worse, then the bank will face bankruptcy. It can be suggested that the European sovereign debt crisis will be of incalculable influence on the bond market. Greek as one small economy of the euro-zone. If its bond write off, then the holders may have a great losses. On the other side, once the bond of some large economies (such as Italy, Spain) writ e-off, the global financial crisis would be caused again. Furthermore, the impact of European sovereign debt crisis on the bond market has been contagion to the peripheral euro-zone countries. For example, Austria and Hungary sovereign debt rose, central European countries exchange rate fell. It could be argued that contagion is an important factor for the European sovereign debt crisis. The European sovereign debt crisis would cause the whole euro-zone risk appetites fell, various funds will choose the low risk assets and steady income assets. As bonds invest have stable income, higher safety factor and also has strong liquidity. Bonds will certainly become an inevitable choice. Because the bank assets were less than the debt, it has no ability to pay off the debt. So the issue of bond interest rate will be higher. Just as the bank need money, so it willing to pay a high interest rates to borrow. In other words, according to demand exceeds supply theory, when the market is very short of money, then the interest rates become higher is inevitable. Don not think that high interest have to be good. When bank default, the investors cannot get back their money. This is also one cause of European sovereign debt crisis. Borrow too much, unable to pay. It can be suggested that the long-term bond market will be remain down if the European sovereign debt crisis still not solved. At the same time, investors confidence would be hit. Investpedia points out that Foreign exchange means the exchange of one currency for another, or the conversion of one currency into another currency. Increasing globalization has led to a massive increase in the number of foreign exchange transactions in recent decades. The global foreign exchange market is by far the largest financial market, with average daily volumes in the trillions of dollars(Yang Zheyu, 2012). Until the end of June 2011, Chinas national foreign exchange reserve was close to 3.2 trillion dollars, which were growth u p to 30.3%. According to the analysis, about 60-70 percent of China reserves were dollar assets, 10-20 percent of that were euro assets. If euro assets accounted to 15%, which means the scale of the euro assets would be roughly $480 billion. Chinas euros reserves would be substantial reduced, if the euro assets dropping sharply. It can be argued that the foreign exchange reserves of China would be effected by the European sovereign debt crisis. From the aspect of the global reserve currency, global foreign exchange reserves suggests that since the sub-prime crisis the proportion of dollars dropped from 65.3% to 61.5% during 2007-2011. Euros rose from 25.2% to 27.2% in the same period. Overall, it would be a slow process to adjust the global reserve currency. Fortunately, the euro can keep its second reserve status for the foreseeable future. It could be suggested that if the European sovereign debt crisis cannot be solved, leading to the fluctuations of the global foreign exchang e market. It would also impact on the Euro-zone economy and the Euro itself. In the future, dollar and the yen will continue to be the popular hedge currency in the market. While the other major risk currencies such as euro, sterling and australian dollar, and so on will continue to be trapped in the down market. Besides, even more worrying is that the ECB does not play an important role in resolving the crisis. Benefit from the European sovereign debt crisis, dollars kept rising and the greenback was rising against the other big global currencies. European sovereign debt crisis had the largest affect on the foreign exchange market. This crisis is the important factor to make the euro sold a lot. As the U.S. dollars gradually returning to a strong position, which will let the price of the international oil and silver go down. Significantly, if the problem of the European become complicated, the worlds major economies would be dragged down. Such as the United States and China. It can be easy to find out that contagion is an important theme for European sovereign debt crisis. Then, lack of confidence for the future would effect on market sentiment. Therefore, no matter the foreign exchange market, the stock market, the bond market or the precious metals market will be all fluctuate and adjust widely. Investpedia indicates that the Equity market means in which shares are issued and traded either through exchanges or over-the-counter markets. It is one of the most vital areas of a market economy as it provides companies with access to capital and investors with a slice of ownership in the company and the potential of gains based on the companys future performance. In 2011, European sovereign debt crisis continued to escalate. From comparing the public government debt to GDP ratio, the Europe has been reached 87% in general. Besides, the situation in America was worse than Europe (more than 100%). And Japan (reached 219%) was one of the most heavies indebted governments in the developed economies(Tyler Durden, 2011). In another word, the debt crisis would bring great influence in developed economies and even the worldwide. Pengbo Agency(2011) states that global equity market has lost roughly 12.1% in 2011, approximately 6.3 trillion dollars disappeared and the market value decreased to 45.7 trillion dollars. Obviously the European countries became the worse zone of the world. The same year, Italy equity market dropped exceed 24%, France CAC40 index lost 17.66%, Germany DAX index fell 15.4%, and Greece share drop close to 52%. The Asia share closed down 18% at first time in three years. From the evidence explored so far it is clear that European sovereign debt crisis made the worldwide equity market going down. From the situation of global equity market 2011, it can be clear that before the third quarter the global equity market trend was all kept rise. But they all going down in march. Because of rising power is not enough, the stock trend of the second quarter was shock. The third quarter fell sharply to last year, even the year before last year level. At the fourth quarter, European and US equity markets went into shock. In contract, Asian equity markets still down. Besides, European sovereign debt crisis influenced the equity market of China. Those influences can be divided into two main ways. The one way was to cause the export decline and then influenced enterprises profit. Another one was to enhance the ability of financial market risk and then reduce the equity market value. So far the impact on exports has been quite obviously, corporate profits also have the big drops. As a result, the share price fell sharply. It can be argued that European sovereign debt crisis made the equity market of China decline. Interestingly, the situation of global equity market in 2011 was good. Even the strong American equity market only barely flat at the beginning of the year. And the level of European equity market and the Asia-pacific equity markets are lower than early 2011. Besides, the downgrade of the U.S.s triple-A credit rating made the whole years stock down. The evidence explored so far indicates that European debt problem always affects the equity market, plus all kinds of natural disasters and major factors making global equity market weakness. Overall, European sovereign debt crisis made the global equity market weakness. And also effect on the economy a lot. First, the debt crisis will plague the European economic growth for a long time, and restrictive the world economy; Second, if European sovereign debt crisis worsening, it will make the demand of European consumers pay and trade ability down; Thirdly, as the Greek unable to pay lending made them face economy collapse. Also, if Spain, Portugal and other countries cannot succeed through this debt crisis, will certainly effect on the EU economy and even the world economy. Based on the great harm the economy got from the debt crisis, this would affect investors confidence and passion. So the equity market must be weak. From the evidence explored so far it is clear that European sovereign debt crisis cannot be solved in short term. From the recent development of European sovereign debt crisis, Greece is hard to get out of euro-zone. And Spain banking problem become the new risk issue of the European debt crisis. At the same time, Italian bond yields continued to rise. It can be predicted that the debt crisis is hard to improve in the short term. In the long term, to solve this crisis not only depends on external assistance, but also depends on the crisis countries themselves. Previously, these crisis countries over-borrowing and over-pending was one of the reasons caused this debt crisis. Moreover, their government did not make the right policy to guide them. And even played a catalytic role in the wrong direction. Thus, the euro zone must be more cautious, strict and perfect on the aspect of instituti on building, rule-making and policy implementation. It could be suggested that the EU countries should join together to help each other. Especially to provide financial support for the debt-troubled countries. Beside, the debt-troubled countries should cut expenses and reduce the government budget deficit. And try to improve the economic environment for help themselves get out of the debt-trouble.