Business Analysis A Financial Analysis Of AGT - 1029 Words

Financial Analysis AGT has experienced strong revenue growth the past 3 years with over 20% compound annual growth rate for that period. Though cost of sales has risen have kept pace, AGT has been able to maintain good EBITA margins. The company rebounded in 2015 from some slightly lower earnings per share which have been positive for the past 3 years. With positive net earnings AGT has been able to maintain its $0.15 quarterly dividend with the stock trading at a healthy 3% yield as of the close on November 24, 2017. We see this stable dividend as a positive signal to shareholders for both the current and future strength of the company. AGT is now in a much stronger and more flexible financial position after the recent issue of a†¦show more content†¦Inventory has also been well managed as evidenced by a 4.79 inventory turnover, above the 3.23 of SOY but once again half of the turnover of PBH. This is however not surprising given the global nature of AGT’s business relative to PBH. While the improvement in many of the key ratios in our forecasted financials suggests that managements strategy has the company headed in the right directions, we are particularly encouraged by our forecast for improvements to the liquidity and leverage ratios. Of note is the significant improvement in the debt to equity ratio from 3.17 in 2016 to a more reasonable 1.75 this year. The long-term debt to capital ratio is also forecast to drop from the current .58 to .45, in line with both PBH and SOY. Valuation AGT shares have performed very poorly over the past year down over 45% year to date. In comparison to both SOY and PBH we believe AGT shares are significantly undervalued. The shares of AGT trade a discount base on a EV/EBITDA, EV/Revenue and Price/Book. AGT currently trades at 9.2 times EV/EBITDA (2016) versus the average for the group at 15.4 times . At the average for the group AGT would be valued at $46 per share and at 14 times multiple, which is still less than what SOY is valued at, it would trade at $40 a share. In our DCF model we have calculated a value of $49 per share , suggesting the company is significantly undervalued. The weighted average cost of capital in our model is 5.58%. We have assumed aShow MoreRelatedEssay On Evaluating The Team Of Regular Basis1801 Words   |  8 Pagesroles in your organization? †¢ AGT has to catalog the key elements and skills which are required by the team to achieve the specified goals. Each member of the teams has to be measured against their offered expertise and traits. Organizing a company’s people is the most crucial and also the most difficult part. People are often unpredictable (Abdullah, 2014). The organization has to make sure that they have the right people appointed at the heart of increasing revenues. AGT should have executives that

Madness, Betrayal, And Madness In William Shakespeares...

William Shakespeare’s Hamlet is a tragic tale filled with madness, betrayal, and revenge. The treacherous death of King Hamlet leads to a series of events that causes Hamlet to present an â€Å"antic disposition† to deceive the people around him and avenge his father’s death. However, beneath his methodical and logical mind, there is an underlying current of mental instability. Although at first he feels that the idea of an act of madness is a good one, it becomes clear throughout the play that even Hamlet begins to doubt his own sanity. Shakespeare depicts Hamlet’s fragile mental state which transitions from a clever mask of madness into a genuine madness that is exacerbated by his family issues and obsessive behavior. In the first act, Hamlet†¦show more content†¦His questions are answered when the ghost tells him that his father was murdered by his uncle. After receiving this knowledge, Hamlet decides â€Å"to put an antic disposition on† (Shakespeare 1.5.173) which proves that Hamlet is not mad because it is a calculated move. In order for Hamlet to find out if his uncle truly murdered his father without becoming suspicious, he would need a cover up, and what is a better cover up than pretending that you are mad? The people around would not question his actions, nor would they question his words. By the end of first act, it is clear that Hamlet is not mad. Hamlet’s act of madness is initially presented through Act 2 which reveals the intellect in Hamlet’s process of thought by his clever manipulation of other characters’ belief about him. Hamlet’s act is divulged by Ophelia, and she reports her Hamlet’s abnormal behavior to Polonius who says â€Å"This is the very ecstasy of love† (Shakespeare 2.1.100). This is the beginning of Hamlet’s masterful plan to divert the other characters’ attention away from his true intentions of revealing his uncle’s guilt as he convinces Polonius that his madness stems from his love for Ophelia. When Polonius confronts Hamlet for the confirmation of his madness, he speaks on the side and says â€Å"Though this be madness, yet there is a method in’t†Show MoreRelatedThe Tragedy Of Hamlet By William Shakespeare Essay1334 Words   |  6 PagesIn William Shakespeare’s, The Tragedy of Hamlet, each character stands out in unique ways. Madness is one of the crucial themes as Shakespeare depicts the chaotic turbulence in the Hamlet family and the court of Denmark. Though she is generally read as a minor character, Ophelia’s madness reveals the struggle of the female character that attempts to have a voice of her own. Ophelia’s life certainly seems tragic based on Aristotle s definition of tragedy, which says that â€Å"A tragedy is the imitationRead More Madness and Insanity in Shakespeares Hamlet Essay793 Words   |  4 PagesMadness and Insanity in Shakespeares Hamlet         Ã‚   Shakespeares Hamlet is a master of deception. Hamlet decides to make Claudius believe that he is insane, but the scheme backfires when everyone, except Claudius, falls for it. Ophelia is one of those who believes Hamlet lost his mind, and when he does not return her love, she is so brokenhearted that she commits suicide. Near the end of the tragedy, Hamlet plays the part so well, that he convinces himself he is insane. Clearly, HamletsRead MoreWilliam Shakespeare s Hamlet - Appearance Vs. Reality819 Words   |  4 Pagesneither given nor received any aid on this assignment. -MLM Appearance vs. Reality in Hamlet William Shakespeare’s Hamlet, reveals a consistent theme of appearance versus reality throughout the character’s actions. In many situations, honesty and sincerity appear to be present; however, in reality, dishonesty and deception are usually the character’s true intentions. Specifically, Rosencrantz and Guildenstern, Hamlet, and Claudius demonstrate the disconnect between appearance versus reality. ThroughoutRead MoreHamlet s Downfall Of William Shakespeare s Hamlet1701 Words   |  7 PagesHamlet’s Downfall William Shakespeare’s Hamlet is perhaps the most significant tragedy ever written in literature to date. Hamlet is a reflection of everyday life at some point. Revenge against one another is commonly used in comparison Hamlet to modern life. Shakespeare’s Hamlet eloquently uses foreshadowing and other literary techniques to portray the insanity of Hamlet, which lead to his downfall. â€Å"Hamlet’s test assumes that a criminal, when confronted with his deeds, confesses his guilt throughRead MoreThe Theme of Knowledge in Hamlet Essay1617 Words   |  7 PagesKnowledge in Hamlet What may be true to one person is not always true to another. There are huge factors to take into account like a difference in opinion, secrets, or lies. Another important aspect of information is what is done with it, since knowledge is power. The need to verify information is always as great as the need for it in the first place. These are all central pieces to consider when evaluating a theme of knowledge. This theme is especially noteworthy in William Shakespeare’s Hamlet, a playRead More Hamlets Love for Ophelia Essay776 Words   |  4 PagesHamlets Love for Ophelia      Ã‚   In Hamlet, we are introduced to the complexities of a man who is struggling to murder his uncle while trying to understand his mothers motives. His inner turmoil has left him emotionally unavailable and completely disenchanted with humanity in general.  Ã‚      Hamlet seems to be at his best when he is cruel which could reveal a deeper method for self-medication in which he hurts those he loves most - especially his mother Ophelia.   However, while we canRead MoreThe Complexity Of Vessity Insanity In William Shakespeares Hamlet1016 Words   |  5 Pageswere many great playwrights; one of them was William Shakespeare, who wrote different genres of play, such as comedy, tragedy, and histories. One of his famous tragedies play is Hamlet, which based on Prince Hamlet’s revengeful plan against his uncle, King Claudius. However, some critics question Hamlet’s insanity and they believe Hamlet is actually pretending to be insane. The purpose of this essay is to examine the extent to which the character, Hamlet, is insane. Despite different critics’ opinionsRead MoreCorruption of Society in George Orwell’s 1984 and William Shakespeare’s Hamlet806 Words   |  4 Pages The corruption of society in George Orwel l’s 1984 and William Shakespeare’s Hamlet results both in the loss of innocence and the destruction of sanity. Winston from 1984 stood his grounds throughout the book, but the society standards and rules created by Big Brother soon consume him. Similarly, the entire Kingdom of Denmark bombarded Hamlet with betrayal amongst his own family and loved ones such that drove him into madness. 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The Concept of Work Life Balance

Question: Write an essay on the concept of work-life balance. Answer: In present competitive business environment, both work-life balance and flexible working are important contemporary agendas that can have both positive as well as negative impact on the businesses of an organization. Many organizations are trying to focus on reducing the operational cost so that it can able to gain competitive advantage in the market. Therefore, companies look minimize its payrolls, as it considered as one of the biggest factor of the organizational cost base. Most of the organizations are looking to formulate strategy to avoid redundancy within the company. This increases the interest regarding the flexibility of workforce. It also allows an employee to have more time for his/her personal life. In the situation, when an organization have to cut the number of employees, some may see it as an opportunity acquire new skill so that they can able to progress in their carrier. Therefore, it is necessary to evaluate the concept of work-life balance as it has different meaning for different group of people. It also depends on the hierarchical level of the organization. Since, perspective of an employee and of an employer is completely different regarding to the concept of work-life balance and flexibility in work. Many employees believe that stressful workload is a significant determinant regarding work-life balance concept. Since, increase amount of stressful work have major impact on the health and wellbeing of an employee. Therefore, it is up to the organization to handle this concept in such a way that employees can feel satisfied about their organizational responsibility. Description: Earlier, organizations face huge amount of challenges in order to acquire best talents for the company. However, over the past few years, many organizations are looking reduce its part time work, workweek so that it can able to increase the flexibility. Therefore, many organizations are reducing the number of employees so that it can able to redesign the roles and responsibilities of the employee in such a way that will help employees to maintain their work-life balance. The study highlighted that Juliet Bourke is not very comfortable with the argument of reshaped for flexibility. Since, workplace flexibility has the potential minimize overheads and boost the productivity of an employee. As Bourke, believe that flexibility only induces fewer people to give more at the workplace (Freeburg et al., 2014). Therefore, Bourke was so afraid of the kind of unintended consequences can happen due to this kind of thought process of the organization. Bourke represented her thoughts with the launch of a website, which is utilized to assist organizations in developing flexible work practices. In case of economic crisis, employers can utilize the concept of flexible working hour concept very effectively. Since, it allows employers reduce the working hours of an employee at the time the company do not need them. In addition, workforce flexibility concept allows organizations to increase the number of working hours at the time when organizations need them the most. Therefore, it provided employers lot of opportunities to manage its workforce effectively. A key factor regarding the work-life balance strategy includes comprehensive programs for employee assistance and employee flexibility and it would help to build a adaptive, diverse and high-performing workforce able to meet future and current needs of business. Leave options and voluntary flexible work can help to avoid redundancy and salaries and wages would have to be paid accordingly. However, in few organizations, whether there is a strong culture regarding work-life balance or not, redundancies are considered as inevitable. In addition, many executives have recognized the amount of benefits can occur from work-life balance strategies. It is more likely that management of any organization would like to explore different ways of work to minimize redundancies and reduce cost. Every organization knows that they need sufficient talents in order to keep on growing in the competitive market. According to Jones, Burke Westman (2013) proper work-life balance strategy can also have posi tive impact on the employee engagement, as it can help to increase the job satisfaction level of the employees. In fact, flexibility demands more efficient and effective work from the employees regardless of the position in which they are working. On the other hand, at the time of redeployment, natural attrition and flexible work practices, majority of the reduction comes, whenever the downturn is present and all the employees will have to remain agile (Stavrou Ierodiakonou, 2015). In future, when the economy can able to recover from the crisis position, the demand of talent acquisition will also increase. Furthermore, employees also have identified that they have to work harder at the time of economic downturn. However, sometimes there is significant impact on the level of engagement that is crucial to productivity and discretionary effort. Since, it is very tuff to engage a group of employees if they are resentful. According to Deepika Rani (2014) drive to get more out of the limited resources may always not have positive impact on the productivity. As a result, when organization requires high-level engagement from its employees, it can find itself working with low level of engagement. Every organization puts huge amount of focus on the increase in the sales volume as well as reducing the operating cost so that it can able to increase the profitability of the company. Therefore, an expectation arises that organization would do everything so that it can able to get the result in a given time (Hobson, 2013). This is very important factor for those MNCs that operate in different parts of the world. Since, demands employees to work on different timeframe. However, organizations have to develop its structural efficiency in such a way that will help to redesign the job roles of the employees. As opined by COLLIER (2016) skilled and talented employees are often found to be significantly more profitable and productive. Therefore, stretching them too much can actually affect the performance level of the employees. Thus, flexibility concept has changed from its original paradigm to a certain extent that is inevitable and necessary. In the present competitive environment, roles and responsibilities of every group of employees are completely different. Therefore, organizations will have to consider various factors so that it can able to fulfill the requirements. According to Richmond Rohlfing (2013) extended working hour can have major negative impact on performance level of the employees as well as on those people that are associated with employees like their families. Many studies have identified the fact that long working hours have greater complex relationship with the risk factor. Since, working hour can influenced by different factor that includes employee performance, social life abnormalities and non-work responsibilities. Long working hour also creates negative impact on the sleeplessness and time for family and personal life. Therefore, it creates fatigue, turbulence, negative attitude at workplace that leads to fall in the performance level of the employees. Goodman (2012) mentioned that this not only dampen the performance level of the organization but also have negative effect on the community. Since, negative attitude towards the work can actually increase the chance of automobile accident, unintentional errors and industrial mishap. Particularly, the employees whom work in a 24 hours shift time, extended working hour can reduce attention, alertness and concentration level (Lewis et al., 2014). Many studies have identified the fact that longer shifts have major negative impact on the quality of work of an employee. Hence, if organization keeps on extending the working hour of the employees to minimize cost and utilize flexibility concept, it actually hamper the quality of work. Therefore, it demands certain level of commitment from the management of the organization so that the motivation and the quality of work of the organization remain intact. Otherwise, the utilization of flexible working hour regarding work-life balance can have major negative impact on the business purpose of an organization (Bartlett, 2013). As a result, management of the organization will have to encourage all the employees so that they can feel motivated towards working for extended hours. Therefore, management role regarding the utilization of flexible working hour described as follows: Manager of organizations will have to set example to encourage its employees finish work within the time period. Organizations will have to provide sufficient amount of training regarding the time management technique so that the employee can able to balance their professional and personal life. Management also will have to separate all the important activities perform by the employees so that performance of every employee can be observed specifically. Management will have to develop effective horizontal as well as vertical communication system. This is crucial, as it will help employees to share their knowledge regarding an important decision of the organization. This will keep engage them at the workplace and also reduce the negative effect of the extended working hour on the work-life balances of the employees. Management also has to express their satisfaction at the time of achieving a particular target and also have to recognize the performances of the employees (Penson, 2016). Since, recognition has the potential to draw employee to work for extended hours that will minimize the negative impact of extended hours on the work-life balances. Management also has to encourage to avail their leaves during the lean season of the organization in order to minimize the stress level. Therefore, the study highlighted that if an organization wants to utilize the present level of employees for extended hours, it have to motivate all its employees by taking care of their psychological and other needs through proper recognition, incentives and wages. Since, it will create positive impact on the motivational level of the employees (Lyness Judiesch, 2014). Therefore, it will help them minimize the negative impact on the work-life balance. Hence, the performance of managers and employees need to measured and recognized properly to increase their efficiency for the betterment of the organization (Fenech, 2014). Otherwise, extended hours not only will damage the concept of flexible working hour but also will increase the dissatisfaction regarding the work-life balance of the employees. In present situation, the concept of work-life benefits have moved forward from traditional approaches of providing cars, significant amount of bonus and other perks to satisfy the psychological requirement of an employee. Since, the present competitive business environment does not allow the companies to spend extra amount, which can actually cause to face reduce share of the market (Balance, 2013). Therefore, organizations do not only look to depend only on the monetary compensation to satisfy the psychological needs of the employees as they have done in the previous decades. As economic recession force to cut off the number of employees, it had created a sense of uncertainty on the mind of the employees. Hence, it becomes extremely crucial for the companies to manage the remaining employees after the layout. Therefore, the companies will have to focus on the provided amount of benefits along with other programs such as retirement plans and insurance. Particularly, health insurance is one of the most important benefits that every modern organization trying to provide to its employees and their families so that they can able to feel more secure regarding their position in the organizational structure. As opined by Kinman McDowall (2014) organizations will have to provide significant amount of benefits so that it can able to get the best help possible help from the employees at the time of economic turnaround. Hence, it will help organizations to set its benchmark to the level where it can able to receive major benefits from the market. Increase in the amount of pressure from different competitive work environment are leading to conflicting priorities for government and employees. Since, it creating considerable amount of stress for the employees, as they have to juggle with the family and work responsibilities. In addition, financial strains in the economy have led to cut some of present policies or postponement of the policy. Since, it is often identified that change in policy in the organizational structure can have huge amount of potential negative impact on the business processes of an organization. According to Saeed Farooqi (2014), extreme workload and low level of job security can have major impact on the work-life balance of an employee. Since, in extreme work pressure an employee cannot able to manage time to spend with their families and even if they do, the mind will be still focus on the way they can able to perform their responsibility in an effective way. On the other hand, job security is a factor t hat is highly correlated with motivational level of the employees. Since, if employees can able to feel secure regarding the future of its job, they can able to manage or plan their professional and personal life in a much more effective way (Stokes Wood, 2016). It also allows the employees to form a long-term plan for them, which have the potential to create a huge amount of impact in maintaining the personal as well as the professional life of the employees. For maintaining the zeal of the employees at the workplace, employers need to implement effective steps (Darcy et al., 2012). For instance, organizations can make it clear that with the combined effort it can able to overcome the challenges that arises in the downturn. Hence, employees will have to give more than hundred percent at the workplace so that when market recovers both the party can able to achieve higher level of benefits. The organizations also have to share the knowledge to the employees regarding the kind of potential positive as well as negative impact flexible working hours can have on the work-life balance of the employees. The organizations also have to mention the importance of the employees regarding the success of the organization and cutting of the number of employees is forced on the organization by the economical downturn. Organizations also have to represent the present situation to the employees and also have to conveyed the message regarding the reasons for which organizations is looking to have extra hours of effort. As per the article by Shanafelt, Hasan Dyrbye (2016) this practices of the organizations will help them to motivate it employees and they will focus more on the organizational well-being. Hence, it will not only help According to Harper (2013) economic downturn demands organizations to utilize each and every resources to its fullest. Since, economic downturn forces the organizations to cut its operational cost to a great extent. It forces organization to impose extra pressure on the available resources. Therefore, employers will have to encourage employees to finish their work within the allocated time. Hence, it will allow organizations to work with a greater efficiency. However, employees will have to provide appropriate knowledge so that they can able to perform in this extreme work pressure environment. Organizations also will have to ensure that time and other resources must not get wasted and margin for non-judici ous will have to be prevented in an effective manner. Employees will have to ensure that every work has been performed in an excellent manner (Kinman McDowall, 2015). Every job consists of many subparts that have to be handled properly. Hence, organizations first have to educate employees regarding which part of the job is more important and which is comparatively less important. This will allow organizations to focus on the important task much more effectively. Hence, company can able to allocate its resources effectively, which will help organizations to fight with the impact of economic downturn. According to Kimura (2016) high work pressure increases the chances of grievances. Therefore, organizations will have to counter it by creating an environment in which management can share their views in an open and effective ways. This would help to develop a proper harmony in the workforce, which will increase the effectiveness of teamwork. As the per the case study, economic downturn need mutual cooperation from employers and employee, as it could leads to a sense of attachment in the mind of employees towards their company. This would lead higher commitment and better performance from the employees. Furthermore, employers should provide enough power to the employees and also give them confident to achieve stated goals (Gatrell et al., 2013). Hence, even if the economy is facing crisis, employers need to express satisfaction when the employees able to achieve desired level performance. Otherwise, employees might not show any interest to give extra effort for the well-being of the organization. As per the article by Lunau et al. (2014) organizations also have to made a conscious effort to remain unbiased so that no employees can able feel neglected, which can major negative impact on the performance level of the employees. In fact, the organization will have to make sure no unethical judgment can be made on the organizational structure. Since, effective decision-making can lead an organization to utilize all its employees to its fullest. Hence, if an employers can able to implement these methodologies, it could definitely manage to provide employees a proper work-life balance at the time of economic downturn. Conclusion: In present business environment, working hour and time is changing continuously. Therefore, employees will have to adjust according to the change in the requirement of the organizations. Since, flexible working hours allows organization to attain customers at any given period of time of a day, which not only increases the satisfaction level of the customers but also can influences the revenue level of the organizations as well. However, flexible working hour also has its specific level of disadvantage. As it create more pressure on the existing employees, management of the organization will have to provide necessary support to the employees. Otherwise, it can have immense negative impact on the organizational process. However, in presence of work-life balance, employees can perform their responsibilities in an effective way, as it creates a win-win situation for the company. Thus, companies will have to implement strategies so that it can able to maintain proper work-life balance in the economic downturn also. References: Balance, W. L. (2013). Work Life Balance.Work,1(1.5), 2-0. Bartlett, D. (2013). Work-Life Balance. InEncyclopedia of Corporate Social Responsibility(pp. 2721-2727). Springer Berlin Heidelberg. COLLIER, R. (2016). WorkLife Balance.The Legal Academic's Handbook, 9. Darcy, C., McCarthy, A., Hill, J., Grady, G. (2012). Worklife balance: One size fits all? An exploratory analysis of the differential effects of career stage.European Management Journal,30(2), 111-120. Deepika, M., Rani, M. M. (2014). WORK LIFE BALANCE. Fenech, M. (2014). Work-life balance within the social work profession. Freeburg, M., LaBrozzi, R., Mamberg, M., O'Connor, E., Wu, T. C. T. (2014). Work/Life Balance?. Gatrell, C. J., Burnett, S. B., Cooper, C. L., Sparrow, P. (2013). WorkLife Balance and Parenthood: A Comparative Review of Definitions, Equity and Enrichment*.International Journal of Management Reviews,15(3), 300-316. Goodman, A. (2012). Worklife balance. InPhysicians pathways to non-traditional careers and leadership opportunities(pp. 25-34). Springer New York. Harper, C. (2013).Exploring the relationship between management style and work-life balance(Doctoral dissertation, COLORADO TECHNICAL UNIVERSITY). Hobson, B. (Ed.). (2013).Worklife balance: The agency and capabilities gap. OUP Oxford. Jones, F., Burke, R. J., Westman, M. (2013).Work-life balance: A psychological perspective. Psychology Press. Kimura, D. (2016). Work and Life Balance If We Are Not Happy Both in Work and out of Work, We Cannot Provide Happiness to Others.Frontiers in pediatrics,4. Kinman, G., McDowall, A. (2014). Managing work-life balance-a workshop for practitioners. British Psychological Society. Kinman, G., McDowall, A. (2015). EAOHP Conference 2014: wellbeing and work-life balance. Lewis, S., Anderson, D., Lyonette, C., Payne, N., Wood, S. (2014). Work-life balance policies, practices and discourse in the context of public sector cuts. Infirst ESRC Seminar on Work-Life Balance in the Recession and Beyond, Middlesex University. Lunau, T., Bambra, C., Eikemo, T. A., van der Wel, K. A., Dragano, N. (2014). A balancing act? Worklife balance, health and well-being in European welfare states.The European Journal of Public Health,24(3), 422-427. Lyness, K. S., Judiesch, M. K. (2014). Gender egalitarianism and worklife balance for managers: Multisource perspectives in 36 countries.Applied Psychology,63(1), 96-129. Penson, D. F. (2016). Re: Changes in Burnout and Satisfaction with Work-Life Balance in Physicians and the General US Working Population between 2011 and 2014.The Journal of urology,5(195), 1568. Richmond, G. L., Rohlfing, C. M. (2013). Work-Life Balance. Saeed, K., Farooqi, Y. A. (2014). Examining the relationship between work life balance, job stress, and job satisfaction among university teachers (A case of University of Gujarat).International Journal of Multidisciplinary Sciences and Engineering,5(6), 9-14. Shanafelt, T. D., Hasan, O., Dyrbye, L. N. (2016, February). Changes in Burnout and Satisfaction With Work-Life Balance in Physicians and the General US Working Population Between 2011 and 2014 (vol 90, pg 1600, 2015). InMAYO CLINIC PROCEEDINGS(Vol. 91, No. 2, pp. 276-276). 360 PARK AVE SOUTH, NEW YORK, NY 10010-1710 USA: ELSEVIER SCIENCE INC. Stavrou, E., Ierodiakonou, C. (2015). Entitlement to Workà ¢Ã¢â€š ¬Ã‚ Life Balance Support: Employee/Manager Perceptual Discrepancies and Their Effect on Outcomes.Human Resource Management. Stokes, L., Wood, S. J. (2016). Employer Support For Worklife Balance In Recession: Findings For Britain From The Workplace Employment Relations Survey.

World Religion Report Hinduism Essay Example

World Religion Report Hinduism Paper Hinduism; organized religion or compilation of smaller belief systems? Some would argue that Hinduism is a combination of both of those terms and much more. What encompasses the Hindu religion? Why do people of today, even in modern America still practice a faith that some may even consider paganism? In comparison to the dominant monotheistic religion of Christianity, where does the Hindu religion rank? Although Hinduism is not the world’s leading religion, there are still large numbers of followers today. Hinduism is ranked as the number four world religion with approximately 900 million followers (Adherents. om, 2007). According to the Ontario Consultants for Religious Tolerance (2006), â€Å"Hinduism is generally regarded as the worlds oldest organized religion†. Hinduism does not have a particular founder, no Hindu orthodoxy, dogma, or even a distinct system of morality. Hinduism is actually a set of beliefs and practices that have developed gradually over time. Hin duism the beginning The traditional theory as to the genesis of Hinduism traces the root of the religion to the Indus Valley. The development of Hinduism has been influenced by numerous invasions over the years. The greatest influence is said to have been the nomadic Aryan indo European tribes invaded North India approximately 1500BCE (Ontario Consultants for Religious Tolerance, 2006). According to the Ontario Consultants for Religious Tolerance (2006), â€Å"These beliefs mingled with the more advanced, indigenous Indian native beliefs, often called the Indus valley culture†. Never the less numerous archeologist and religious historians now reject this theory, because the origin of the theory was based on the prior belief about the age of the earth and the biblical story of Noah’s Ark (Ontario Consultants for Religious Tolerance, 2006). It is believed that the book of Genesis places the creation of earth at 4,000BCE and the Noah’s flood at 2,500 BCE, which contradicts the date of the Aryan invasion (Ontario Consultants for Religious Tolerance, 2006). Despite the original and emerging theories as to the origin of the Hindu religion, Hinduism has developed into a religion of its own rites. Hinduism, monotheistic, polytheistic, or something else? Hinduism or Sanatana Dharma is a henotheistic religion; it can also be viewed as polytheistic and monotheistic. It all depends on one’s view and perspective about how the Hindus worship their god. We will write a custom essay sample on World Religion Report Hinduism specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on World Religion Report Hinduism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on World Religion Report Hinduism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Hinduism recognizes a single deity and views other deities as a manifestation of that supreme god. This is a part of the central theme or fundamental of Hinduism belief in the Absolute, Supreme Reality, called Brahman and its identification with Aatman (individual soul). It is said that Brahman, which is formless, infinite, and impersonal in nature, can manifest in many forms, thus the worship of many gods/goddesses, some are even human. For the sake of making the worship more personal, the gods/goddesses had been personified and given different attributes. However, of all the deities that are worshipped by Hindu’s, the most worshipped are Shiva, Vishnu and Shakthi (Fisher, 2005). Hinduism is sometimes believed as the Trinitarian because Brahman is often seem as a triad—one god with three persons (Ontario Consultants for Religious Tolerance, 2007). The Trinitarian includes Brahman who is the creator; Vishnu is the preserver or the one who sustains, and Shiva the destroyer who can also be seen as compassionate. Hindu belief about life and death Hindus believe that all creatures go through the cycle of birth and rebirth called reincarnation. The principle of karma, which means action, and the consequences of action, follow from lifetime to lifetime, determines the status of each being’s birth. To escape from the cycle of birth, death, or rebirth (samsara) lead by karma is to achieve moksha. According to Fisher (2005), â€Å"To escape from samsara is to achieve moksha, or liberation from the limitations of space, time, and matter through realization of the immortal Absolute. Many lifetimes of upward-striving incarnations are required to reach this transcendence of earthly miseries† (p. 75). Hindu sacred and religious text There are many scripts and text in the Hindu religion; among the most sacred are the Vedas and Upanishad, which is often referred to as the foundation of the Sanatana Dharma. In Hindu Philosophy, there are six orthodox schools. They are Nyaya, Vaishseshika, Samkhya, Yoga, Purva Mimamsa, Vedanta (Fisher, 2005). Hindu ethics and religious practices Hindus organize their lives around the Four Aims of Hinduism often referred to as the â€Å"doctrine of the fourfold end of life† (Ontario Consultants for Religious Tolerance, 2006). The first is dharma, which is righteousness in their religious life. The second is Artha, which means success in their economic life. The third is Kama, which is the gratification of the senses to include sexual, sensual, and pleasure. The fourth is Moksha, which is the liberation from samsara and the ultimate goal for humanity (Ontario Consultants for Religious Tolerance, 2006). Hindus practice yoga, which is a part of meditation. Included in their daily lives is the practice of puja, which is the ceremonial act of showing reverence to a god or goddess through prayer, devotion, rituals (Padmini Light, 2007). Hinduism versus Christianity Christianity is the World’s leading religion with 2. 1 billion followers (Adherents. com, 2007). With so many followers, one would think that there is very little in common with the Hindu religion. However, there are similarities along with many differences. Hinduism has no specific founder, nor is it based on the life or teachings of anyone (Fisher, 2005). Christianity is based on the life and teachings of Jesus Christ (Fisher, 2005). According to All About Religion. org (2002-2007), â€Å"Hinduism is not exclusive and accepts all religions as valid. Christianity, however, teaches that Christ is the only way to God†. Christianity has an uncompromising view towards other religions when it comes to the infallibility of the bible and Jesus Christ. According to Hindu belief, the path to god are many and in whatever way we worship him, he will respond sincerely (Jayaram, 2000-2006). The Hindu religion advocates many forms of worship. In Christianity, any form of worship that is not approved by the bible is an anathema to Christianity In Christianity, the main source of principles and morals is the bible. In Hinduism, there are many to include the Vedas, the Upanishads, the Agamas, and the Bhagavad-Gita (Jayaram, 2000-2006). Hindus organize their lives around the Four Aims of Hinduism and Christians organize their lives around the Ten Commandments. However, though different, both the Four Aims and Ten Commandments serve as a moral guide on how to live life. Hinduism and Christianity have played significant roles, one in the Eastern world and one in the Western world. Hinduism has played a significant role in East in the emergence of other religions to include Jainism, Buddhism and Sikhism (Jayaram, 2000-2006). Christianity has played a significant role in the West, helping to shape Judaism and Islam. Both religions view their God in the form of a trinity. Christians believe in the Holy Trinity, which is God the father, the son and the Holy Spirit, three â€Å"persons† within the one divine being. Hindus believe in the Trinitarian, which is Brahman the creator, Vishnu the preserver, and Shiva the destroyer. Christians and Hindus have very different beliefs about life and death. Hindus believe one can have many lives, and they believe in the cycle of birth and rebirth. The only way to escape from the cycle of birth, death, or rebirth is to obtain moksha. Christians do not believe in reincarnation. Christians are taught that individuals have only one life on earth and after death, an everlasting life waits in either heaven or hell depending on how one lived one’s life. Conclusion Hinduism has been viewed as the world’s oldest religion; however, it continues to evolve. For a religion that has existed so long, its sustainability is remarkable even by today’s standards. Even in a small town of Mount Holly, New Jersey, there are still devoted followers of this old religion. This brings up the poignant reminder that religion is like a tree. From a small seed many branches are formed. However, the root remains the same. So, what is the root of religion? The root of religion is hope, and it is the collected beliefs in a higher being who addresses the human need to seek divine guidance. References Adherents. com (2007, April 19). Major Religions of the World Ranked by Number. Retrieved July 18, 2007, from http://www. adherents. com/Religions_BY_Adherents. html All About Religion. org (2002-2007). Comparison Christianity and Hinduism. Retrieved July 24, 2007, from http://www. allaboutreligion. org/comparison-christianity-and-hinduism-faq. htm Fisher, M. P. 2005). Living religions (6th ed. ). New Jersey: Prentice-Hall Inc. Jayaram, V. (2000-2006). Hinduism and Christianity. Retrieved July 26, 2007, from http://hinduwebsite. com/hinduism/h_christianity. asp Ontario Consultants for Religious Tolerance (2006, November 21). Hinduism. Retrieved July 23, 2007, from http://www. religioustolerance. org/hinduism. htm Padmini Light (2007). What is Puja. Retrieved July 26, 2007, from http://www. padminilight. com/puja/what_ispuja. htm Thakur, R. (2007). Aarti. Retrieved July 24, 2007, from htt://www. dalsabzi. com/Mantras/jagdeesh_aarti. htm

Free Essays on Evolution Of Hip-hop

When you hear the phrase â€Å"hip-hop† often music, dancing and rapping come to mind. Hip-hop is all of that and much more. Hip-hop is a culture. When you look up culture in the dictionary it is defined as â€Å"the concepts, skills, arts, instruments, etc. of a given people in a given period.† To be more specific hip-hop is a combination of graffiti, break dancing, DJing, and rapping (also known as MCing) that creates its own lifestyle and is continuously evolving. Most of these forms of art were originated in New York City. In the early 1970’s hip-hop was born on the crime-ridden streets of south Bronx. Gifted teenagers with plenty of imagination but little money began to forge a new style. Hip-hop back then was a product of pure ingenuity; extracting rhythms and melodies from existing records and mixing them up with poetry chronicling life in the â€Å"hood.† Major credit is given to Kool DJ Herc, who along with others started the hip-hop cult ure in the south Bronx. Kool DJ Herc moved from Jamaica to the west Bronx area of New York. Herc’s initial style had a lot of Jamaican style with it, but people in New York were not into reggae yet. Kool DJ Herc then changed his style by chanting over the instrumental portion of songs. From the housing projects in south Bronx hip-hop poured onto the streets and subways, taking over in Bronx clubs like Savoy Manor Ballroom, Ecstasy Garage, Club 371, The Disco Fever, and the T-Connection. From there it spread downtown to the Renaissance Ballroom, Hotel Diplomat, the Roxy, and The Fun House. It migrated to Los Angeles, where a whole West Coast hip-hop scene developed, sporting its own musical fad, its own wild style.... Free Essays on Evolution Of Hip-hop Free Essays on Evolution Of Hip-hop When you hear the phrase â€Å"hip-hop† often music, dancing and rapping come to mind. Hip-hop is all of that and much more. Hip-hop is a culture. When you look up culture in the dictionary it is defined as â€Å"the concepts, skills, arts, instruments, etc. of a given people in a given period.† To be more specific hip-hop is a combination of graffiti, break dancing, DJing, and rapping (also known as MCing) that creates its own lifestyle and is continuously evolving. Most of these forms of art were originated in New York City. In the early 1970’s hip-hop was born on the crime-ridden streets of south Bronx. Gifted teenagers with plenty of imagination but little money began to forge a new style. Hip-hop back then was a product of pure ingenuity; extracting rhythms and melodies from existing records and mixing them up with poetry chronicling life in the â€Å"hood.† Major credit is given to Kool DJ Herc, who along with others started the hip-hop cult ure in the south Bronx. Kool DJ Herc moved from Jamaica to the west Bronx area of New York. Herc’s initial style had a lot of Jamaican style with it, but people in New York were not into reggae yet. Kool DJ Herc then changed his style by chanting over the instrumental portion of songs. From the housing projects in south Bronx hip-hop poured onto the streets and subways, taking over in Bronx clubs like Savoy Manor Ballroom, Ecstasy Garage, Club 371, The Disco Fever, and the T-Connection. From there it spread downtown to the Renaissance Ballroom, Hotel Diplomat, the Roxy, and The Fun House. It migrated to Los Angeles, where a whole West Coast hip-hop scene developed, sporting its own musical fad, its own wild style....

The Destruction of Utopian Ideals (Animal Farm, by Orwell) essays

The Destruction of Utopian Ideals (Animal Farm, by Orwell) essays George Orwells book, Animal Farm, is a scathing satire on the failure of the Russian communist revolution to free the Russian people and establish an egalitarian society. The characters in this revolution are represented by a variety of animals whose society is an animal farm. The animals have some serious grievances against their tyrannical human bosses and stage a rebellion to free themselves of oppression and to create a utopian society based on the philosophy of Old Major, a boar respected among the animals. Ironically, the leaders of the rebellion, the pigs, seize power and become even more tyrannical oppressors than the original human bosses. Old Majors doctrine of Animalism, a philosophy that stresses equality and fair treatment of all animals, is distorted and ultimately destroyed by propaganda, lies, and the corruption of power. The most ruthless and power-hungry of the pigs, Napoleon, establishes a dictatorship making new policies which are in direct opposition to the original ideals of Old Major. Old Majors doctrine of Animalism is written as seven commandments by which the animals should conduct their lives. The Seven Commandments are eliminated, and in their place is put one commandment which states that, All animals are equal, but some animals are more equal than others (133). Napoleon is now making all of the decisions on the farm, and when the slightest disagreement is uttered from the mouth of another animal, the animal is ruthlessly punished. The power structure of Animal Farm under Napoleons dictatorship becomes a mockery of Old Majors belief of equality among the animals. Old Majors ideals of equality among the animals is distorted and destroyed by Napoleons use of intimidation and fear against the other animals. One afternoon, when Napoleon has ordered the animals to assemble in the yard, a group of animals is being forced, by means of Napoleons do...

Media Meanings Essay Example | Topics and Well Written Essays - 2000 words - 1

Media Meanings - Essay Example n.d.). Discourse or critical analysis is a non constructive reading and interpreting a problem or text. The goal of discourse analysis is to view the â€Å"problem† from a big stance and also to acquire an inclusive view of the â€Å"problem† and in relation to the â€Å"problem†.  Discourse analysis provides an awareness regarding the unseen motives in others and also it allows solving the actual problems, by not providing definite answers (Palmquist, n.d.). The clip of a morning talk show of GMTV, anchored by John Stapleton discussed and debated regarding the issue of Labour administration original under estimation in the number of jobs in UK that went to the expatriates’ over the last few years. Stapleton started with the issues, confusing, â€Å"The Migrant Job Fiasco† posted in the front page of â€Å"Daily Mail†. Similarly in case of The Sun 20, â€Å"Migrants Labours haven’t a Clue†. According to the sources, British people are not getting any job but about half of the jobs in the year 1997 have gone to the foreign workers. It is said that about 2.7 million jobs were created in the year 1997 and 800,000 jobs to migrants, but it was revised to 1.1millions migrant jobs and the statistics of the official was assumed to be more than 1.5 millions. According to Caroline Flint, MP and Labour Employment Minister, it was not a cover-up as about 100,000 foreign nationals came for new jobs in the year 1997, where found to be incorrect and revised the identified mistaken figures and about 1 million jobs which are upfront about. In 1.5 million, includes foreign nationals which also comprise those born and brought up abroad but are actually UK nationals. It is an important raising issue for people, and when it comes to the statistics, taking the same people of 1.5 million remains the same. Later, she also justifies by saying that the administration has the statistics by which they can estimates and introduce new schemes like

Business law Essay Example | Topics and Well Written Essays - 2750 words - 4

Business law - Essay Example Despite the fact that most of these laws are poorly implemented and enforced, those concerned with international business cooperation and trade are relatively clear and well applied. There is also evidence showing that after the 2003 leadership succession in china, from the third generation to the fourth generation, there was a launch of a new wave of economic legislation to advance the economic reform as well as reforming and building up the legal reforms in the country. The key driving factor to the new economic laws in china is attributed to the requirements of the world trade organization (WTO). Being part of the membership of the WTO, China has an obligation to meet the rules and regulations as stipulated under the penal code of the WTO (ECOVIS 2014). The most pressing rules and regulations that each member of the WTO is obliged to implement are concerned with the governance of trade as well as those related with other economic activities. As a result, its entry into the WTO, Ch ina has since strived to implement its business law to conform to the agreement with the WTO to meet its international obligations. This essay will attempt to critically discuss how China’s accession to the WTO in 2001 has reshaped its legal environment on the business regulation. In preparing to join the WTO, china initiated the overall process of reviewing its existing laws and regulations. Slightly either before the year 2000 ended, most of the administrative measures and the state council or ministries annulled regulations. Right from the time China became the member of the WTO, it has hastened its activities of revising its current laws and regulations. according to available literature reviews, china had by the year 2002 revised 37 administrative regulations and 14 laws, annulled a total of 12 administrative regulations, changed about 1,000 departmental rules and measures, and suspended a total of 34 relevant documents. At the time being, china had to timely adopt

Introduction to Computer Application & Systems Essay Example for Free

Introduction to Computer Application Systems Essay Introduction to Computer Application Systems March 6, 2012 Dr. Xuan Yu ? Technology has gone from the days of the pony express to advancing at a rate of a mile a minute to now evolving to what seems like the speed of light or faster. With such a fast paced environment of change in technology, policies and laws must adapt to be compatible to those advancements in order to provide the best method to govern the laws and policies and protect its people. This paper will explore how technological advancements have influenced crucial changes in two essential policies: the Electronic Communications Privacy Act (ECPA) and the Electronic Funds Transfer Act (EFTA). The Electronic Communications Privacy Act, an extension of the Federal Wiretap Statute, was endorsed in 1986 (Justice Information Sharing, 2010). This was a necessary implementation with how technology was diversifying ways to communicate and share information. In order to oversee and safeguard technological advancements such as email, cordless and cell phone communications, and electronically stored data the federal government had to amend and sometimes put into operation new policies. These policies, like the Electronic Communications Privacy Act, minimize many ethical issues that came along with the development of these advancements. As technology experimented with ideals such as wireless connection, it gave way to many unethical and at times illegal practices. Ethical issues that the Electronic Communications Privacy Act had to address included accessibility and privacy; information could be shared outside the confinement of a person’s home or business. The government needed to find a way that would control and guard how this information was access, collected and stored. Implementing the Electronic Communications Privacy Act allowed government officials to include devices outside the scope of the Federal Wiretap Statute. Eight years before the Electronic Communications Privacy Act, financial businesses latched on to this idea of transferring information which cause governmental official to step in and implement the Electronic Funds Transfer Act. This ct is intended to protect people who engage in transferring and sharing private financial information such as bank account numbers and personal information through devices such as automated teller machines (ATMs) and point-of-sale terminals

Comparison Of King Lear And Gloucester Essay examples -- essays resear

  Ã‚  Ã‚  Ã‚  Ã‚  Shakespeare uses subplots to dramatize the action of the play and give spark on the contrast for the themes in King Lear. Sub plots usually improve the effect of dramatic irony and suspense. The latter, which is used in King Lear, gives us the understanding of the emotions of the characters in the play. This follows the parallelism between Gloucester and King Lear.   Ã‚  Ã‚  Ã‚  Ã‚  In King Lear, the subplot of Gloucester corresponds to the major plot of King Lear. Both fathers have their own loyal legitimate child and their evil and disloyal child. They are both honourable men, who have children that return to them in their time of need. Gloucester and Lear are both tormented, and their favoured child recovers their life. In the early beginning of the play, Cordelia says that her love for her father is the love between father and daughter, no more, no less. Unhappy that I am, I cannot heave My heart into my mouth. I love your Majesty According to my bond, no more nor less. (Act 1 Scene 1 Pg. 13 lines 93-95) In response, King Lear goes into rage, and divides Cordelia’s share of the kingdom between her two unworthy sisters. Such injustice is encountered by Gloucester in the subplot. O villain, villain! His very opinion in the letter! Abhorred villain! Unnatural, detested, brutish villain! Worse than brutish! Go, sirrah, seek him. I†™ll apprehend him. Abominable villain! Where is he? (Act 1 Scene 2 Pg. 37 lines 75-78) Gloucester fool...

The Place I Have Visited for Holiday

The Place I Have Visited For Holiday Last Chinese New Year would be my first one week break after entering the life of a college student. It was such a pleasant relieve because I do not think I could take another pressure after my mid-term examination. My friends from other colleges were also having their break from college so all of us decided to go for a short trip to Pulau Pinang. There were a total of nine people including myself. Originally, we planned to take the train to Pulau Pinang but they were out of tickets due to the festive celebration.So we took the bus instead. On our way there, the bus made a pit stop at Tapah. Most of my friends went down because it was just so cold on the bus but I decided to stay in. As the bus started to continue the journey to Pulau Pinang, I realised that my friends were not on the bus. And then I received a phone call from one of my friends saying that they were left behind. I quickly went to the driver to ask him to pull over so that my frien ds could catch up and get on the bus. Luckily, they were not too far behind.The journey took about six hours due to heavy rain. We reached Butterworth at around dawn. After that, we had to take the ferry to cross over to other side to get to Batu Ferringhi, Pulau Pinang. We were all really excited to finally arrive in Pulau Pinang but exhausted at the same time because of the long journey. So we decided to straightaway go to the guest house and check in. We spent the rest of the afternoon getting some rest before heading out to the beach which is just in front of the place we were staying at.After enjoying the view and playing some volleyball at the beach, we went for dinner at Gurney Drive. There was a wide variety of food to choose from. Each and every one of us bought different kinds of food then we exchange with each other and taste them. The food there was very delicious and tasty. We even took away some, in case we get hungry later. Then all of us went for a walk at the Ferrin ghi Night Market. There were so many tourists walking around too. We stopped by Sixty Nine Mansion to have some drinks before we head back to our guest house.The next day we checked out around noon and we took a train back home. We reached Kuala Lumpur safely later that night. In conclusion of our short trip to Pulau Pinang, it was truly a memorable experience. Pulau Pinang is definitely one of the most beautiful cities in Malaysia. Pulau Pinang is also an exciting place to visit because it has so many attractions to offer. There are so many things to see and so many other things to do. All in all, Pulau Pinang is surely an amazing place to go for a short trip or vacation.

Employment and Human Resource Management

While this may be true to an extent, I do believe that the opposite Is also true, attractive people are over-looked due to their outward appearance and are taken less seriously even when qualified or more qualified than another candidate. This Is not to mention that life brings challenges, hurts, and UN- pleasantries, regardless of how a person looks. So we cannot be too quick to say that beautiful people have better lives. In this case though, the Issue is beauteous as a â€Å"free-pass† in a sense, or a way into a job position without the proper qualifications (or in spite of the proper qualifications).There has been some evidence that people who hire for Job openings do give preference at times to people who are obviously physically attractive. Researchers have noted that â€Å"beautiful people† tend to charm interviewers with their looks and create a positive tone and impression based solely off of how they look. Assess the Chair's behavior from a human resource man agement perspective. I feel that if people try to regulate every detail of a hiring process, Including the way people look, there will be even more discrimination.When an exceptionally beautiful or attractive candidate Is Interviewed, managers may feel pressure not to hire them Just so there are no Lies or tension In the workplace as to why that person was hired. In this case, though, it is not even evident that the Chair made an incorrect decision. Other department members should allow the Chair to do their job and trust that they have the proper qualifications to interview and choose quality candidates. There are times when candidates are chosen without having all of the qualifications of another candidate.There are job openings available that specify that a certain degree is referred but not required. The Chair was said to have â€Å"overlooked† a more qualified candidate, but that does not negate the fact that this interviewee may have also been qualified. A lot of times a degree or certain qualification sets are not the only thing being considered. A person who shows that they are able and willing to complete a job with a great attitude may win Job offers faster than a very-highly qualified person who may be lacking In other areas. Decision.The hiring committee should do their best to work as a team and keep down conflict within the workplace. The Chair made a hiring decision and that decision should be upheld. Employees may feel that the Chair is easily swayed and become more involved in the hiring process than they are even supposed to be. What happens when someone is interviewed that a worker Just doesn't like from their outward appearance? Going to the chair to try to get hiring decision overturned should not be a route taken too often by employees. I feel that there is already enough â€Å"looks-discrimination† in the workplace.When a person enters a room to be interviewed they are being Judged not only their answers UT also how they lo ok. Research shows that 74% of interviewers make hiring decisions within the first minutes of an interview. They Judge looks by the person's appearance, voice tone, handshake, and body-language. These are all surface characteristics†¦ There is enough Judgment in interviews, applicants should not have to be subjected to on-looking, non-involved employees' Judgments as well. Discuss to what degree and why attractive candidates may be given unfair consideration during hiring processes.This question makes me wonder, honestly, if people would feel better if attractive omen or men were interviewed through a wall or only via telephone. People come in all sizes and shapes, with different features and looks. Attractive people cannot help how they look and are often not even thinking about their looks when working or at an interview. Believe it or not, a lot of times attractive people would like a little less attention based off looks when it is time to be professional. More often than n ot, other people are more hooked on the candidates looks than the candidate themselves are.

The Analysis of Wal

The Analysis of Wal Wal-Mart is one of the largest multinational retailing corporations operating in North America and globally. The company was founded by Sam Walton in 1962. Today, the company’s headquarters are located in Bentonville, Arkansas. The corporation developed from a small chain of stores in Arkansas, and now Wal-Mart operates more than 7,000 stores which are located round the world (Ingram, Yue, and Rao 55; â€Å"Walmart†).Advertising We will write a custom case study sample on The Analysis of Wal-Mart’s Retailing Strategy specifically for you for only $16.05 $11/page Learn More Wal-Mart’s operations are organized in a specific way to cover the needs of such divisions as the US stores, Wal-Mart Sam’s Club, and international stores located globally (â€Å"Walmart†). Wal-Mart stores propose a variety of food products, drugs, and general goods. To analyze the corporation’s retailing strategy and to state the perspectiv es for the corporation’s future development, it is necessary to focus on examining the Wal-Mart strategy’s strengths, weaknesses, threats, and opportunities. The Analysis of the Industry and Wal-Mart’s Strategy The retailing industry in the United States is highly competitive, and Wal-Mart has to compete with such rivals as Kmart, Target, Meijer, and Safeway directly. The most challenging competition is observed in the sphere of general retailing where supermarkets compete in proposing a range of goods, stating low prices, and developing discounting strategies for customers. However, Wal-Mart also competes with Costco in the sphere of warehouse club activities (Pradhan 567). To compete within the industry effectively, Wal-Mart developed a successful retailing strategy which should be discussed with references to the concepts of target market and retail positioning (Levy and Weitz 110). Wal-Mart’s target customers are diverse in their needs and interests t hat is why the company orients to satisfy the demands of the different population’s categories, including women, elder persons, and children. Wal-Mart’s retail positioning depends on the ways of how the company can be differentiated from the other retailers within the industry. Wal-Mart chooses to attract different customers while proposing them a variety of products and innovative approaches to researching and analyzing their preferences (â€Å"Walmart†). To provide customers with the products which are interesting for them while following the low-cost strategy, Wal-Mart also develops the strong relations with suppliers, and these relations are beneficial for both the retailer and customers. This approach should be discussed with references to the company’s retailing mix which includes the focus on product, price, place, and promotion. Wal-Mart establishes strong relations with suppliers to provide customers with a variety of products satisfying their de mands and meeting their local preferences.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The great assortment in Wal-Mart stores provides customers with the opportunity to make the right choice. Moreover, Wal-Mart pricing policies are based on the principle of low-cost retailing, and stores propose different discounts daily and weekly to cover all the groups of customers. It is important to note that Wal-Mart stores are located not only in the US metropolitans but also in small towns in the country’s states. In addition, the retailer focuses on addressing the customers’ needs that is why Wal-Mart stores located globally are developed to respond to the local expectations (Ingram, Yue, and Rao 60; â€Å"Walmart†). The company’s promotion strategy is based on declaring the principle of proposing better products for lower costs, and it is modified re garding the needs of the local public globally. Wal-Mart Strategy’s Strengths and Weaknesses Wal-Mart remains to be one of the most successful multinational corporations in the sphere of retailing because of a range of strengths associated with the company’s strategy. The first strength is the effective pricing policy. The company is the price leader within the industry because of proposing lower prices basing on the cost-effective relations with suppliers. The next strength is the focus on the wide assortment proposed to customers. Selling a range of products which customers need, Wal-Mart stores address all the customers’ daily demands. Furthermore, concentrating on using technologies to collect the data about the customers’ needs, Wal-Mart develops the most effective distribution and delivery systems (Pradhan 567). In addition, Wal-Mart opens stores in many cities in the USA and in many foreign countries, and the company operates as one of the largest retailers in the world while developing the brand image and customers’ loyalty (â€Å"Walmart†). Wal-Mart responds to the modern trends and uses social media and mobile technologies to meet the customers’ interests and to develop the work with customers’ orders. However, there are also weaknesses in the retailer’s strategy which are the focus on traditions rather than on changes; the lack of the effective differentiation strategy to compete within the industry; and the focus on monopolistic strategy to develop the business within the industry. Having become the largest and most recognizable retailer within the industry, Wal-Mart concentrates on supporting the image rather than on expanding the areas for meeting the customers’ interests (Pradhan 568). Opportunities for Wal-Mart’s Further Progress The opportunities for Wal-Mart’s further successful competition within the market depend on the effective use of the strengths related to the corporation’s strategy. Operating internationally, Wal-Mart can focus on the further expansion of the corporation’s presence in the global market. Moreover, focusing on the use of technologies and innovation, the company can also pay more attention to the opportunities of online retailing.Advertising We will write a custom case study sample on The Analysis of Wal-Mart’s Retailing Strategy specifically for you for only $16.05 $11/page Learn More Today, the company uses different mobile apps and develops strategies to operate in the sphere widely (â€Å"Walmart†). Thus, the focus on online retailing and using digital strategies is a good opportunity for a company to attract more customers. In spite of the fact that Wal-Mart as the retailer is attractive for customers during the decades, more attention should be paid to improvement the retailer’s brand image because it is necessary to focus on new approaches to formul ating the company’s mission and vision to reflect the customers’ values. The Threats Challenging for Wal-Mart Although Wal-Mart employs more than two millions of people globally and its revenues are more than $450 billion, there are several threats which the company can face within the industry because of the increasing competition among the rivals (Pradhan 569). Wal-Mart management strategies and policies do not attract employees, and these strategies are often discussed as discriminating in terms of payments and conditions. Negative feedbacks related to the company’s policies regarding Wal-Mart employees also influence the customers’ attitude to the retailer, and they can be discussed as challenging for the brand image and customers’ loyalty. As a result, more attention should be paid to improving the company’s corporate strategies to affect the corporation’s development and public’s visions positively (â€Å"Walmart†) . The other threats are associated with retailer’s international operations. In spite of the fact that Wal-Mart proposes a wide range of products for customers globally, local competitors can also become a threat to the retailer’s activities because of their focus on responding to the market latest tendencies. More attention should be paid to the strategies followed by Wal-Mart stores globally. Wal-Mart’s Performance, Position within the Market, and Prospects for the Future The effectiveness of the retailer’s performance depends on many factors which include the retailing strategy and the positive image as the employer (Levy and Weitz 24). If Wal-Mart’s retailing strategy focused on the customers’ needs and brand image is rather effective to increase the retailer’s competitive advantage, the company’s image as the employer is not effective to contribute to the customer’s loyalty because of the ineffective management stra tegies and policies. Nevertheless, Wal-Mart aims to follow the strategy of the sustainable development to respond to the communities’ needs globally (â€Å"Walmart†). High levels of sales support the idea that Wal-Mart’s performance is based on the effective fundaments, and the chosen retailing strategy to meet the local customers’ needs globally contributes to the retailer’s strong position within the market.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More That is why, the prospects for the future of Wal-Mart stores can be discussed as rather positive because of the customers’ recognition of the brand and Wal-Mart’s effective operation of the retailing mix. To provide strong financial returns in the future, it is necessary for the company to focus more on expanding the international segment and on improving the relations with suppliers in the United States and round the world. These actions are necessary to expand operations and to increase revenues because it is the way to increase advantage in the situation of the new rivals’ entry. Being one of the largest multinational retailing corporations in the world, Wal-Mart focuses on responding to the interests of all the customers in the United States and globally. The company’s strategy is rather effective to contribute to the future development of the retailer because Wal-Mart develops its leadership cost strategy, expands the assortment of products, and focu ses on opening more stores meeting the demands of the local customers. Ingram, Paul, Lori Qingyuan Yue, and Hayagreeva Rao. â€Å"Trouble in Store: Probes, Protests, and Store Openings by Wal-Mart, 1998–2007†. American Journal of Sociology 116.1 (2010): 53–92. Print. Levy, Michael, and Barton Weitz. Retailing Management. USA: McGraw-Hill Education, 2011. Print. Pradhan, Swapna. Retailing Management: Text and Cases. USA: Tata McGraw-Hill Education, 2009. Print. Walmart. 2014. Web. https://www.walmart.com/.

The Iron Age - Social and Technological Advances

The Iron Age - Social and Technological Advances The European Iron Age (~800-51 BC) (see also the African Iron Age) is what archaeologists have called that period of time in Europe when the development of complex urban societies was spurred by intensive manufacturing of bronze and iron, and extensive trading in and out of the Mediterranean basin. At the time, Greece was flourishing, and the Greeks saw an explicit division between the cultured peoples of the Mediterranean, as compared to the barbaric northerners of central, western and northern Europe. Some scholars have argued that it was Mediterranean demand for exotic goodssalt, furs, amber, gold, slaves, foodstuffs, eventually iron weaponrythat drove the interaction  and led to the growth of an elite class in the hillforts of central Europe. Hillfortsfortified settlements located on the tops of hills above Europes major riversbecame numerous during the early Iron Age, and many of them do show the presence of Mediterranean goods. European Iron Age dates are traditionally set between the approximate period when iron became the principal tool-making material and the Roman conquests of the last century BC. Iron production was first established during the Late Bronze Age  but did not become widespread in central Europe until 800 BC, and in northern Europe by 600 BC. Chronology of the Iron Age 800-450 BC (Early Iron AgeHallstatt in central Europe, Jastorf in north central Europe) The early part of the Iron Age is called the Hallstatt culture, and it was during this time in central Europe that elite chiefs rose in power, perhaps as a direct result of their connections to the Mediterranean Iron Age of classical Greece and the Etruscans. Hallstatt chiefs built or rebuilt a handful of hillforts in eastern France and southern Germany, and maintained an elite lifestyle. Hallstatt sites: Heuneburg, Hohen Asberg, Wurzburg, Breisach, Vix, Hochdorf, Camp de Chassey, Mont Lassois, Magdalenska Gora, and Vace 450-50 BC (Late Iron Age, La Tà ¨ne) Between 450-400 BC, the Hallstatt elite system collapsed, and power shifted to a new set of people, under what was at first more egalitarian society. The La Tà ¨ne culture grew in power and wealth because of their location on important trade routes used by the Mediterranean Greeks and Romans to acquire status goods. References to Celts, conflated with Gauls and meaning central European barbarians, came from the Romans and Greeks; and the La Tà ¨ne material culture is broadly agreed to represent those groups. Eventually, population pressure within the populous La Tà ¨ne zones forced younger La Tà ¨ne warriors out, beginning the massive Celtic migrations. La Tà ¨ne populations moved southward into Greek and Roman areas, conducting extensive and successful raids, even into Rome itself, and eventually including most of the European continent. A new settlement system including central defended settlements called oppida were located in Bavaria and Bohemia. These were not princely residences, but instead residential, commercial, industrial and administrative centers that focused on trade and production for the Romans. La Tene sites: Manching, Grauberg, Kelhim, Singindunum, Stradonice, Zvist, Bibracte, Toulouse, Roquepertuse Lifestyles of the Iron Age By ca 800 BC, most of the people in northern and western Europe were in farming communities, including the essential grain crops of wheat, barley, rye, oats, lentils, peas, and beans. Domesticated cattle, sheep, goats and pigs were used by Iron Age people; different parts of Europe relied on different suites of animals and crops, and many places supplemented their diets with wild game and fish and nuts, berries and fruit. The first barley beer was produced. Villages were small, usually under a hundred people in residence, and the homes were built of wood with sunken floors and wattle and daub walls. It wasnt until near the end of the Iron Age that larger, town-like settlements began to appear. Most communities manufactured their own goods for trade or use, including pottery, beer, iron tools, weapons, and ornaments. Bronze was most popular for personal ornaments; wood, bone, antler, stone, textiles and leather were also used. Trade goods between communities included bronze, Baltic amber and glass objects, and grinding stones in places far from their sources. Social Change in the Iron Age By the late 6th century BC, construction had begun on fortresses on the tops of hills. Building within the Hallstatt hillforts was quite dense, with rectangular timber-framed buildings built close together. Below the hilltop (and outside the fortifications) lay extensive suburbs. Cemeteries had monumental mounds with exceptionally rich graves indicating social stratification. The collapse of the Hallstatt elites saw the rise of La Tà ¨ne egalitarians. Features associated with La Tene include inhumation burials and the disappearance of elite tumulus-style burials. Also indicated is a rise in the consumption of  millet  (Panicum miliaceum). The fourth century BC began the out-migration of small groups of warriors from the La Tà ¨ne heartland towards the Mediterranean Sea. These groups waged terrific raids against the inhabitants. One result was a discernible drop in the population at early La Tene sites. Beginning in the middle of the second century BC, connections with the Mediterranean Roman world steadily increased and appeared to stabilize. New settlements such as Feddersen Wierde became established as production centers for Roman military bases. Marking the traditional end of what archaeologists consider the Iron Age, Caesar conquered Gaul in 51 BC and within a century, Roman culture became established in central Europe. Sources Beck CW,  Greenlie  J, Diamond MP, Macchiarulo AM, Hannenberg AA, and Hauck MS. 1978.  The chemical identification of baltic amber at the Celtic oppidum Starà © Hradisko in Moravia.  Journal of Archaeological Science  5(4):343-354.Bujnal  J. 1991.  Approach to the study of the Late Hallstatt and Early La Tà ¨ne periods in eastern parts of Central Europe: results from  comparative  classification of Knickwandschale.  Antiquity  65:368-375.Cunliffe B. 2008. The Three Hundred Years that Changed the World: 800-500 BC. Chapter 9 in  Europe Between the Oceans. Themes and Variations: 9000 BC-AD 1000.  New Haven: Yale University Press. p, 270-316Hummler M. 2007.  Bridging the gap at La Tà ¨ne.  Antiquity   81:1067-1070.Le Huray JD, and Schutkowski H. 2005.  Diet and social status during the La Tà ¨ne period in Bohemia: Carbon and nitrogen stable isotope analysis of bone collagen from Kutn Hora-Karlov  and Radovesice.  Journal of Anthropological Archa eology  24(2):135-147.Loughton ME. 2009.  Getting smashed: the deposition of amphorae and the drinking of wine in Gaul during the late Iron Age.  Oxford Journal Of Archaeology  28(1):77-110. Marciniak A. 2008.  Europe,  Central  and Eastern.  In: Pearsall DM, editor.  Encyclopedia of Archaeology. New York: Academic Press. p 1199-1210.Wells PS. 2008.  Europe, Northern and Western: Iron Age.  In: Pearsall DM, editor.  Encyclopedia of Archaeology. London: Elsevier Inc. p 1230-1240.

ANTH Final Paper Essay Example | Topics and Well Written Essays - 1000 words

ANTH Final Paper - Essay Example â€Å"Men average 152 centimeters (5 feet) in height and women 141 centimeters (4.5 feet). They are frequently referred to as pygmies, a term more correctly used for the central African Pygmy populations.† (Early & Headland, 1998, p.3-4) They have traditionally been known as aboriginal inhabitants of the Philippine rain forest. For centuries they have been largely and hunter/gather culture using bows and arrows to hunt large game. Over the past hundred years they have interacted more with the Philippine civilization, especially the lowlanders and have worked as casual farm laborers as well. Many of Southeast Asias Negrito populations are quickly disappearing. There number have decreased dramatically in just over the past ten years and continue to decline. In fact, several Negrito populations in the Andaman Islands have disappeared completely in the past one hundred years. â€Å"The 10 Negrito dialect groups in peninsular Malaysia number only 1,800 today, far fewer than in the last century. The Negrito groups in Thailand have declined to only 300 people.† (Early & Headland, 1998, p.3-4) Ecology: Luzon has the largest number of Negritos, who reside in the mountains of Zambales, Bataan, Western Pampanga, Western Tarlac, Southwestern Pangasinan, and in the Sierra Madre range, which rims the eastern side of Luzon. The Negritos of the Sierra Madre refer to themselves and their language by the term Agta. The larger Philippine population usually refer to them as "Dumagats.† The Agta have a population of around 9,000 and they are divided into 10 ethnolinguistic groups. The Agta themselves distinguish two types of groups within their communities. The first group resides in the mountains quite a distance from both the coastline and the towns. This population relies more on hunting and gathering and have very little contact with the Filipino lowland farmers. The second group lives much closer to farming settlements and interacts on a

NARRATIVE PLOT OF JONAH THIS IS A (RESPONSE PAPER) ALSO SUMMARIES OF Article

NARRATIVE PLOT OF JONAH THIS IS A (RESPONSE PAPER) ALSO SUMMARIES OF CHAPTER 5, 13, AND 8 OF CRACKING OLD TESTAMENT CODES. ONE PAGE PER CHAPTER - Article Example The storm was so strong that it was threatening to destroy the ship. The other mariners on the ship were afraid with each one praying and calling out to their gods to save them. In desperation they through much of the cargo onto the sea hoping to lighten the ship, but nothing worked. The captain found Jonah asleep and woke him up asking him to join in the prayers in hopes that one of the cries or prayers would save everyone. The captain yelled at him, â€Å"Arise, call out to your god! Perhaps the god will give a thought to us, that we may not perish.† (Jon. 1:6 ESV). Everyone was panicked wondering what they could do to settle the sea. Rather than settle, it only become more violent. Finally, Jonah decided this was a result of God’s anger and knew he was putting the lives of all these other men in danger. So he told the men, â€Å"Pick me up and hurl me into the sea; then the sea will quiet down for you, for I know it is because of me that this great tempest has come upon you.† (Jon. 1:12 ESV). Initially, the men ignored this request, perhaps thinking it was made out of fear, and they desperately tried rowing and rowing back to dry land. But, it seemed the harder that they rowed, the rougher the sea became. They continued to cry out and pray begging that they not suffer for whatever wrongs Jonah had done. Finally, they felt they had no other option and lifted Jonah up in the air and hurled him into the angry water. Immediately the violence sea ceased and the men began making sacrifices and vows to the Lord in thanks for saving them . At this point, Jonah was sure he was destined to die. He could not imagine surviving the raging waters. However, instead of drowning he was swallowed by a great fish. As Jonah sat in the belly of this great fish, he considered his situation and began praying to God. He acknowledged that god spared his life on the boat and now understood that he was wrong to ignore the will of the Lord and to try to run

Steve Jobs Research Paper Example | Topics and Well Written Essays - 1000 words

Steve Jobs - Research Paper Example His mother, however, wished him to be adopted by another couple that were colleagues at the graduate programme. Her mother signed the adoption papers after being reassured that the child would be supported and encouraged to go to college despite him having only attended High School (Wikipedia par. 6). When later asked about his adoptive parents, Jobs stressed that they were his parents. His real parents, however, did marry in 1955 but divorced in 1982 after they had had a second child Mona Simpson who is a novelist. When Jobs was five years of age, the Jobs moved to Mountain View California. His parents adopted a daughter, Patty, Later. Paul was a handy man and worked as a mechanic and practiced carpentry (Wikipedia par. 6). He taught his son basic skills in electronics and handy work. This later became his hobby. Jobs was taught how to read before going to school by his mother, Clara, who was an accountant. Jobs was very frustrated by formal school system. When he attended Monta Loma Elementary school, he would play pranks on others. The school authority were of the idea that Jobs skip two grades owing to his excellent scores but his parents chose that he skip just one. He schooled at Cupertino Junior High and Homestead High School, both in Cupertino California. He made friends with his neighbour Bill Fernandez while at Homestead. Fernandez acquainted Jobs with Steve Wozniac, who was very extraordinary with electronics and computers (Moisescot par. 3). Wozniac and Fernandez showed Jobs the first computer that they had built and called ‘The cream Soda Computer’ and he was very interested. Wozniac attributed the name of the computer to the fact that they drank cream soda often when they were working on the project. He said he and Jobs had attended the same High School but had not met there. After graduating from high school in 1972, Jobs joined a college in Portland Oregon c alled Reed

Nursing Theorist Grid Essay Example for Free

Nursing Theorist Grid Essay Madeleine Leininger’s theory is call The Theory of Culture Care Diversity and Universality. Because Leininger had degrees in nursing and anthropology, her theory had a combination of derivatives of both disciplines (Bibb, 2006). While working as a nurse in the 1950s, Leininger became disturbed by nurses who could not understand nor respect the culture variations. She then set out to bridge the knowledge gap between nursing and cultures. Leininger became the authority on cultural diversity in healthcare. The key points of her theory include honoring a state of holistic well-being that is culturally defined, valued, and practical. Cultures include technology, religion, philosophy, kinships, socioeconomics, politics, and education. Term Definition Applied to Nursing Practice Applied to Nursing Education Applied to Nursing Research Person Culture-dependent and holistic and sometimes includes families, groups, and communities Nurses can establish individualized care plans and care by respecting and honoring the diversity of the patients. Nurses are continually educated on transcultural nursing. In nursing school and in the workplace, cultural diversity is taught. Continued research to increase the knowledge of the nurses to assess the â€Å"person† in different cultures. Health A state of well-being that is culturally defined, valued, and practiced After appropriate nursing education has been done, nurses have to assess and respect the individual’s decisions on health. Everyone will not accept smoke cessation and weight loss as a part of health. As we learn cultural health  preferences, it is imperative that nurses pass this information on to other nurses. Employee in-services are important to pass on these diversities. Continued research to increase the knowledge of the nurses to assess the idea of health in different cultures. Nursing A transcultural, humanistic, and scientific care discipline and profession with the central purpose to serve humans worldwide Care is still essential in the nursing process. Care is now individualized and culturally congruent by respecting preferences of diverse cultures. We continue to learn through formal education and staff development how to care for persons of different cultures. We honor the research on different groups. This is also used to educate nurses on cultural diversity. Environment A combination of physical, ecological, socioeconomical, and cultural settings. We learn to respect a person’s space even if it is very different from what we are accustomed to. Especially important in home health settings. Be careful of facial grimaces and nonverbal actions. Important to learn and teach others that our impression of a livable and decent environment are not the same as others. Research empowers and teaches nurses how to respect and interact in the patients’ personal environment. From the old adage, â€Å"When in Rome, do what the Romans do†. Research helps to dissect what the Romans actually do. Bibb, S. C. G. (2006). Leiningers theory of culture care diversity and universality. New York: Springer Publishing Company.

Unattainable Things in The Great Gatsby :: Great Gatsby Essays

Unattainable Things in The Great Gatsby      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The roaring twenties. Cars were the things to have and a party was the place to be.   Everybody wanted something. F. Scott Fitzgerald's book, The Great Gatsby, describes the events that happen to eight people during the summer of 1922. In the book, people went from west to east because something they desired was in the east; unfortunatly in the end those 'somethings' were unattainable.         Ã‚  Ã‚   ...I decided to go east and learn the   Ã‚  Ã‚   bond business.   Everybody I knew was   Ã‚  Ã‚   in the bond business so I supposed it   Ã‚  Ã‚   could support one more single man. All   Ã‚  Ã‚   my aunts and uncles talked it over as   Ã‚  Ã‚   if they were choosing a prep school   Ã‚  Ã‚   for me...       Nick went to the east to make money.   He was from the midwest, and even though his family was doing pretty well in the money department, Nick wanted to make his own money. By going from the midwest to the east, Fitzgerald shows Nick's desire to have more money.   After spending the summer in the east and seeing how money affects people, he decides to go back west.         Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   I see now that this has been a   Ã‚  Ã‚   story of the west,   after all-Tom   Ã‚  Ã‚   and Gatsby,   Daisy and Jordan and   Ã‚  Ã‚   I,   were all westerners and and   Ã‚  Ã‚   perhaps we possessed some deficiency   Ã‚  Ã‚   in common which made us subtly   Ã‚  Ã‚   unadaptable to eastern life.       In other words, after finding out what the east was really like, Nick lost his interest in being in the east and returned to the west.            Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Gatsby came east looking for another type of money - Daisy.   Gatsby and Daisy had last seen each other about five years before, when they were dating. Then Gatsby had to go to war.   While he was away in war, Daisy met Tom and then married Tom.   Daisy had always been rich and thought that in order to get Daisy back, he need to have money and be able to give Daisy anything she wanted.   He found out that Daisy was in the east and went to go try to get her back.         Ã‚  Ã‚   ...I thought of Gatsby's wonder when

Automobile Industry in India Essay

Chennai accounts for 60% of the country’s automotive exports. In tune with international standards to reduce vehicular pollution, the central government unveiled the standards titled ‘India 2000’ in 2000 with later upgraded guidelines as ‘Bharat Stage’. These standards are quite similar to the more stringent European standards and have been traditionally implemented in a phased manner, with the latest upgrade getting implemented in 13 cities and later, in the rest of the nation. The Automotive Industry has flourished in Pune Region in Maharashtra, What were the special conditions were there for this development. Still Indian cars are not considered as a class in itself compared to European cars. India’s strong engineering base and expertise in the manufacturing of low-cost, fuel-efficient cars has resulted in the expansion of manufacturing facilities of several automobile companies like Hyundai, Nissan, Toyota, Volkswagen and Maruti Suzuki In recent years, India has emerged as a leading center for the manufacture of small cars. Indian brands: AMW(Asian motor works- Commersial vehicles), Eicher Motors(tractors, Buses, components), Force(Bajaj Tempo), Hindustan motors(Birla, Ambassador car, Joint venture with Mitsubishi), Premier(Padmini, Moved from Mumbai to Pune), Tata, Mahindra, BharatBenz. Per capita penetration at around nine cars per thousand people is among the lowest in the world. While the industry is highly capital intensive in nature in case of four-wheelers, capital intensity is a lot less for two-wheelers. Though three-wheelers and tractors have low barriers to entry in terms of technology, four wheelers is technology intensive. Costs involved in branding, distribution network and spare parts availability increase entry barriers. With the Indian market moving towards complying with global standards, capital expenditure will rise to take into account future safety regulations. Automobile majors increase profitability by selling more units. As number of units sold increases, average cost of selling an incremental unit comes down. This is because the industry has a high fixed cost component. This is the key reason why operating efficiency through increased localization of components and maximizing output per employee is of significance. Maruti Suzuki, which is the market leader in PVs, had to deal with labour strikes at its plant at Manesar as a result of which production was severely hit. As petrol prices firmed up, the differential between petrol and diesel widened. Thus, there was a surge in demand for diesel cars. Most companies faced pressure at the operating level as margins declined due to rise in input costs. Steep depreciation of the rupee also took its toll. Tractors: While good monsoon is a positive for the sector, given the fact that non-farm incomes have continued to climb up, volumes should still hold up well in the longer run despite a year or two of poor monsoons. privatisation of select state transport undertakings bodes well for the bus segment.

Florida Department of Management Services Essay

Introduction In the early 1990s, the Florida Department of Management Services (DMS) had built up a large information systems network that served state government agencies in 10 regional sites and connected these to the data center in Tallahassee. The network was based on the use of the proprietary Systems Network Architecture (SNA) from IBM and a mainframe at the data center that housed most of the applications. Body 1. Analyze the security mechanisms needed to protect the DMS systems from both state employees and users accessing over the Internet. Two security mechanisms needed to protect the DMS systems are Virtual Private Networks and IP Security. According to Stalling (2009) Virtual Private Networks (VPN) makes use of encryption and special protocols to provide security for those using the Internet or some other public network to interconnect sites. These public networks provide an access path for telecommuters and other mobile employees to log on to corporate systems from remote sites. The state employees would have to use the VPN to access the DMS by authenticating using their work credentials. IP Security (IPSec) provides the capability to secure communications across a LAN, across private and public WANs and across the Internet. Some examples of IPSec are: (1) Secure branch office connectivity over the Internet: A company can build a secure virtual private network over the Internet or ove r a public WAN. This type of business rely heavily on the Internet and reduce its need for private networks, saving costs and network management overhead. (2) Secure remote access over the Internet: An end user whose system is equipped with IP security protocols can make a local call to an Internet service provider (ISP) and gain secure access to a company network. This reduces the cost of toll charges for traveling employees and telecommuters; (3) establishing extranet  and intranet connectivity with partners: IPSec can be used to secure communication with other organizations, ensuring authentication and confidentiality and providing a key exchange mechanism; (4) enhancing electronic commerce security: even though some Web and electronic commerce applications have built-in security protocols, the use of IPSec enhances that security. IPSec guarantees that all traffic designated by the network administrator is both encrypted and authenticated, adding an additional layer of security to whatever is provided at the application layer. Similarly, whether other industries give rise to spheres in which competition takes place in open, intellectual-property-free spaces depends on various factors including the existence in a space of companies with proprietary solutions and the presence of technologies so complex they are vulnerable to inadvertent patent infringement. (Alexy, O., & Reitzig, M. (2012). 2. Critique the transition process performed by the DMS in the case study. Then, recommend two (2) alternatives to the IP infrastructure or applications not already mentioned in the case study. What is there to critique? All DMS did was install some routers and configured them. Can someone please help with this? Maturing Enterprise Resource Planning (ERP) systems are able to integrate business systems with building management systems for improved management controls (such as consolidated dashboard-type reporting). Driven by business requirements for resource efficiencies and management by measurement’, this business intelligence adaptation has been essential for the business leadership to steer, priorities and justify new investment. Allocating costs for usage, amortizing capital towards specific business causes and employing financial wizardry to get best tax advantage – these all mean that the new generation of ERP tools needs to be ‘facilities-aware’. They should come with tools to digest ‘consumption’ data; so, whichever department had most use of video conferencing, or toner ink, or WAN bandwidth, or access to out-of-hours air conditioning – it’s all in the mix now. So many systems – integrated BMS (iBMS), facilities reservation systems, maintenance management systems, cashless vending and EPOS, CCTV and access control – are able to push the mountains of data they generate each day to other central management systems. Now IP networks are at the heart of enabling such data capture, collation and consolidation. (Manivannan, 2012) 3. Critique the merits of  the major services found on the DMS Website. According to the website, DMS is a shared service provider that supports state agencies and state employees through: Human Resource Support and Business Operations: the Department of Management Services is responsible for managing the state personnel system, including: Insurance Benefits, Florida Retirement System, Human Resource Management. DMS strives to provide the high-quality service our customers expect and deserve while decreasing the operating costs of state government so that more resources can be focused where they are needed most. Insurance Benefits-The Division of State Group Insurance (DSGI) offers and manages a comprehensive package of pre- and post-tax health and welfare insurance benefits for active and retired state employees and their families, including: a variety of health insurance options; flexible spending and health savings accounts; life insurance; dental, vision and kind of insurance p roducts. Florida Retirement System=The Division of Retirement (Division) was established to administer the Florida Retirement System (FRS), which was created in December 1970 to consolidate existing state-administered retirement systems. Since its creation, the Divisions responsibilities have expanded to include: administering; monitoring; overseeing; ensuring compliance. Human Resource Management- Florida’s state employees are our most valuable resource. They are the face of state government. The Division of Human Resource Management works with the agency personnel offices to develop human resource policies, practices and strategies. As human resource professionals, it is our responsibility to ensure that the State’s HR policies and practices are designed to attract and support the employees who serve the people of Florida. People First is the state’s self-service, secure, web-based personnel information system and enterprise-wide suite of human resource (HR) services. The system streamlines and automates many of the state’s HR functions and is comprised of the following modules: payroll preparation, attendance and leave, recruitment, benefits administration, human resources management, organizational management. 4. Recommend an additional service to add to the DMS Website. With technology today, there is a increased of the use of portable IP-enabled devices and group content distribution applications on Wireless Mesh Networks (WMNs). This surge is facilitated by its relative low cost of installation and as such is an attractive option in environments  lacking existing communication infrastructure and/or in times of natural emergencies. DMS would greatly benefits from this because, their employees will be able to access the website for information quicker when they are away from their desk. The WMNs is equally capable of providing high bandwidth access to the web. The capability of the WMNs can be enhanced by reinforcing the system with multicasting and mobility features. However, there are challenges of seamless integration when such existing multicasting and mobility features of MANET and fixed networks are migrated to the WMNs domain. Thus, a wide range of efforts have been directed at finding solutions to these challenges in order to increase the widespread deployment of the WMNs based communication infrastructure. By producing a one volume comprehensive account of incorporating multicasting with mobility support deployable via Wireless Mesh Networks, this work at aiming at research directions in the area of integrated mobile multicasting on Wireless Mesh Networks. (Sanni, Hashim, Anwar & etc,2011). Summary or Conclusion Florida DMS will benefit from the use of WMN added to their IP infrastructures. Every day technology is advancing with new ideas in dealing with communications between people. DMS will continue to succeed in the future. References Stallings, W. (2009). CIS 505: Business Data Communications: Custom edition (6th ed.). Upper Saddle River, NJ: Prentice Hall. Florida DMS http://www.dms.myflorida.com Manivannan, M. M. (2012). Building around IP. Engineering & Technology (17509637), 7(2), 78-81. doi:10.1049/et.2012.0211 Alexy, O., & Reitzig, M. (2012). Managing the business risks of open innovation. Mckinsey Quarterly, (1), 17-21. Sanni, M. L., Hashim, A. A., Anwar, F. F., Naji, A. W., & Ahmed, G. M. (2011). Mobile Multicast in Wireless Mesh Networks. Australian Journal Of Basic & Applied Sciences, 5(9), 957-966.