Analyze the aims, methods, and degree of success of the Catholic Reformation Essay

In the early 16th century the Protestant Reformation had happened and made the popularity of Catholicism to decline. In response to the Protestant Reformation the Catholic Reformation was issued to reestablish the power and popularity of Catholicism and the Roman Catholic church. The Catholic Reformation created new societies, while fixing problems of the Roman Catholic church. Through the Catholic Reformation The main reasons for the Catholic Reformation was a response to Protestantism and a response to reform the Catholic Church. The Catholic Church was riddled with corruption and scandals such as simony(sale of church offices), absenteeism(priests not showing up to services), and the sale of indulgences(paying the church to absolve sins). Many priests were illiterate and some abused their powers for absolution of sins To reform the structure of Catholic church Pope Paul III had established the Council of Trent which consisted of Catholic cardinals who were responsible for handling the reforms of the Catholic Church. The Council of Trent is considered to be one of the Catholic Church’s most important councils. The Council had 25 sessions from 1545-1563 that would address the issues of the Catholic church. The result of these 25 sessions were the validation of all 7 sacraments and the reaffirmation of Monasticism, celibacy of clergy Transubstantiation, and purgatory. Basically The Council of Trent fixed problems of Catholicism. Another result from the Catholic Reformation is the religious order of the Jesuits (Society of Jesus). Founded in 1540 by St. Ignatious Loyala the Jesuits had 3 goals reform the church through education, spread the Gospel to the Pagans, and to fight Protestantism . Jesuit schools were highly regarded as the finest schools for education in Europe. The Jesuits were organized in a military fashion following rules from Loyola’s guidebook Spiritual Exercises. The book would inform Jesuits how to have less attachment of physical items and informed Jesuits on how â€Å"to master the soul to manipulate the body†.

Internal Control Essay

1. Inform the President of any new internal control requirements if the company decides to go public.  As per the accident that happened in the company about some employees was viewing pornography on company computer and he had a hard time to get his employees admitted that they were the one who doing it. He should use limit access by individual passwords for each person to log in the computer systems. To make sure that which person was log on in the computer and do bad thing during that period. 2. Advise the President of what the company is doing right (they are doing some things well) and also recommend to the President whether or not they should buy the indelible ink machine. When your advice the President, please be sure to reference the applicable internal control principle that applies. From the passage that the accountant has recently started using prenumbered invoices following by the principle of internet control activities. Please find the Documentation Procedures passage below. From the passage, the president wants to buy an indelible ink machine to print their checks. In my opinion, I would like to recommend that he should buy an indelible ink machine following by the principle of internal control activities. Please find the Physical Controls passage below. Principles of internal control activities Documentation Procedures Companies should establish procures for documents. First, whenever possible, companies should use prenumbered documents, and all documents should be account for. Prenumbering helps to prevent a transaction from being recorded more than once, or conversely, from not bring recorded at all. Second, the control system shown that employees should promptly forward source documents for accounting entries to the accounting entries to the accounting  department. This control measure helps to ensure timely recording of the transaction and contributes directly to the accuracy and reliability of the accounting record. Require use prenumbered checks and account for them in sequence; each check must have an approved invoice; require employees to use corporate credit cards for reimbursable expenses; stamp invoices â€Å"paid†. Physical Controls Store blank checks in safes, with limited access; print check amounts by machine in indelible ink. 3. Advise the President of what the company is doing wrong (they are definitely doing some things poorly). Please be sure to include the internal control principle that is being violated along with a recommendation for improvement. Following from the passage that they have one accountant who serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also recieves the checks and completes the monthly bank recommendation. The accountant is so busy that the company handels pretty cash a bit differently. He should asign duties to more than one person not only one because it hard for one person to control and serves as treasurer and controller in the same time. Following by Principles of internal control activities. Please find Segregation of Duties and Establishment of Responsibility passage below. From the following passage that all employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. In my opinion, he should limit access to the petty cash in a desk drawer, only one person could have responsible for the petty cash. Following by Principles of internal control activities. Please see the Establishment of Responsibility passage below. Principles of internal control activities Segregation of Duties Different individuals approve and make payments; check singers do not record disbursements Segregation of duties is indispensable in an internal control system. There are two common applications of this principle: 1. Different individuals should be responsible for related activities. 2. The responsibility for record-keeping for an asset should be separate from the physical custody of that asset. The rational for segregation of duties is this: The work of one employee should, without a duplication of effort, provide a reliable basis for evaluating the work of another employee. Segregation of related activities making one individual responsible for related activities increases the potential for errors and irregularities. Establishment of Responsibility An essential principle of international control is to assign responsibility to specific employees. Control is most effective when only one person is responsible for given task. Establishing responsibility often requires limiting access only to authorized personnel, and then identifying those personnel. Only designated personnel are authorized to sign checks (treasurer) and approve vendors. Compare checks to invoices; reconcile bank statement monthly

Performing arts business management marketing in Asia Essay

Performing arts business management marketing in Asia - Essay Example In the light of these changes, it is interesting to explore how the performing arts manage to survive and continue to provide an offering that has meaning to the customers. The current paper studied the organizational, structural and marketing aspects of orchestra organizations in the United States and Taiwan. A comparative analysis on the case studies developed for six orchestras, the New York Philharmonic, The Chicago Orchestra, The Cleveland Orchestra, and the Philadelphia Orchestra in the US and National Symphony Orchestra and The National Taiwan Symphony Orchestra in Taiwan was undertaken. The findings revealed important difference in the ownership and marketing of the orchestras in the United States and in Taiwan. It was also found that the level of audience development in the United States was high as compared to that of Taiwan, where orchestra performances and other performing arts were not considered as an attractive option to popular music and sports. The paper provided use ful insights, like the need to provide more flexibility to the operational and functional aspects of orchestra, the need to involve people with musical and marketing backgrounds in the management and administrative functions instead of putting bureaucrats at the helm, and the need to focus on the market and customer preferences as opposed to forging ahead with a pre-pared program agenda. Performing arts include music, dance, theater and other forms of life arts that are staged in front of an audience.1 These arts provide not only entertainment to the audience, but at times act as settings for social interactions or as promoting cultural education.2 In some cases, it has been found that people relate their self-identity and self-esteem with the type of performing arts that they patronize.3 There is a wide range of experiences that the audience may drive from the Performing Arts. These may include, in addition to the creating a social experience for those who

To prepare a business plan based on opening a pub in Canterbury Essay

To prepare a business plan based on opening a pub in Canterbury - Essay Example Looking into the characteristics and thought processes of the people still holds as the most significant factor to be looked into by the individuals in the field of sales and marketing. The large scope of market can pose a hindrance to a successful marketing strategy in terms of over generalized definition of the target or niche market. The Bigskymind is a full service pub/bar located at the heart of Eastern Kent, Canterbury. The pub/bar has a full menu of middle and reasonable price "comfort" food, drinks and spirits but based upon time honoured recipes and mixes from around the world. The pub also features performances from local bands from Canterbury. This business plan is created in order to provide comprehensive information to the future investors from prestigious financial institutions that would want to invest in the business. This plan will present the company's vision and strategic plans in order to achieve profitability in the chosen location. The Bigskymind will offer easily reached and reasonably priced high quality food, drinks and spirits, and entertainment to the thousands of residents and customers in Canterbury. In time, The Bigkymind will institute itself as a "target" of choice to the many clients of the greater city area of Canterbury, as well as numerous tourists. The pub will offer a "total, high-quality" evening experience for those looking for fun and relaxation after a hard day work. Not only will customers be able to drink on the pub's high spirits and comforting drinks, they will enjoy the performance of the bands every night. The pub's mission is simple; it will offer a complete stylish, fab and relaxing drinks to the regular customers. The price of the products will be very affordable that will motivate the customers to return on many occasions. The main market of the pub will be young professionals who have worked for very long hours. The Key to Success Factors Product quality The foods are o high quality based on the recipes around the world such as appetizers, side dishes and main dishes. The drinks are beers from 100 cities globally (there will be a 100 beers from 100 cities bar), wines, and spirits drinks mixes. The house specialty drink will be bigskymindmix that will have five alcohol based drinks like vodka, tequila gold, brandy, lambanog (a drink from the Philippines) and lime. Service Quality Since the pub business is under the service industry and also can be considered to be in the tourism industry, service quality should be provided by the management and employees. The satisfaction of the customer will be the top priority of the company. The importance of quality in customer service should be recognized by Bigskymind. The company will prioritize quality in customer services, resulting to positive business outcome. Customer satisfaction, loyalty, employee satisfaction and profit growth are

Comparison between Bahraini and Swiss Civil Law Essay

Comparison between Bahraini and Swiss Civil Law - Essay Example Bahrain has sufficient exposure to the British legal system, and its legal system is mixed drawing from both codified systems; Islamic law and English common law (Bahrain Civil Code, art. 1). Bahrain became a British protectorate in 1880 after the Ottoman Empire lost control over it in 1861. In August 1971, Bahrain gained full independence from its British protectorate. It formed a legislative committee to establish a legal system that was independently appointed upon independence. Egyptian codes and the law similar to Arab states, therefore followed from that day. It is unlike the Swiss civil law that is not exposed to the British legal system (Swiss Civil Code, art. 1). The Swiss civil codified law ruling in Switzerland and regulating relationships between individuals includes; French; Code Civil, Italian; Codice civil, Germany; Zivigesetbuch, Roman; Cudesch civil and finally Turkish; Media. The Swiss civil code of 10the December of 1907, it became in force in 1912. Another similar ity is that both civil laws coded. It makes it easier to trace any law since it is in one booklet for the purposes and reference of the civilians. Another difference comes in the form. In Bahraini civil law, certain procedures or acts may be required to be effected in a certain specific form, if this not followed, the procedure or act may be considered as invalid. Article 72 of the Bahraini Evidence Law states that every verdict that orders the evidence given by the witness shall indicate all facts that are ordered to prove.

Learning By Doing and Using Instructional Technologies Research Paper

Learning By Doing and Using Instructional Technologies - Research Paper Example   Introduction of microcomputers and internet has greatly influenced teaching and learning. Technology motivates students to learn since it encourages use of hands-on-technology activities making learners more autonomous. Appropriate use of technology in teaching motivates students since encourages creative methods of learning and enables students to remain attentive. Use of technology for teaching affects the learning process in different ways. The instructional methods are affected since teacher or educators act more like facilitators (Hung, 2001; Candace, Sheri, & Lane, 2011).Several theories relate the theories of learning to use technology in teaching. Educational theories embrace any phenomena that contribute to education in either philosophical or general approach. Instructional theories deal with aspects pertaining to instructions. The four main models of learning which include social constructivism, cognivitism, behaviorism, and constructivism form the framework of learnin g and teaching. The learning theories are distinct from the instructional approaches. Behaviorism and cognitivist models showed that the manner in which instructions are given determines the ease of learning. This is because the mind acts as an information processor. It is thus important to use technology base instruction approaches to encourage learners to reason.Constructivism and social constructivism models focus on the influence of interactions on learning or assimilation and accommodation of knowledge. People tend to interpret ideas depending on how they perceived them. Use of technology to provide instructions can thus aid learners in constructing knowledge as opposed to acquiring knowledge. Technology increases the level of interactions between teachers and students as well as amongst students (Clark & Mayer, 2008; Tennyson, 2010). Instructional technologies should consider the learning theories to encourage practice and feedback, promote self-regulated learning, employ cogn itive learning approaches, and provide frameworks that enable students discover different perspective and meanings of concepts (Candace, Sheri, & Lane, 2011). The theory of Project-Based Learning, which is based on John Dewey’s philosophy of learning by doing, supports use of instructional Technology. This theory promotes learning as a social activity that takes different context but encourages students to use previous experiences to explore, create, and interpret. Use of instructional technology encourages learners to use the different intelligences, which include musical, logical-mathematical, linguistic, body-kinesthetic, spatial, and interpersonal as well as the intrapersonal ones. The theory of Multiple Intelligences is another theory that encourages use of technology as a teaching tool. This theory encourages educators to adjust their teaching designs to incorporate facets such as use of instructi

Sponsorship generates significant marketing advantage for the sponsor Literature review

Sponsorship generates significant marketing advantage for the sponsor while it provides strong financial base for the events success - Literature review Example It is often regarded as brand messaging application that communicates standard messages across non-traditional as well as traditional media. Various promotional techniques are encompassed within this approach so as to deliver appropriate messages to end customers. Through this integrated platform a synergy is established amongst all communication channels. The concept of integrated marketing communications was originally framed by American Association of Advertising. Promotional measures which are incorporated by a firm helps to achieve set marketing campaign objectives. IMC can also be stated as a framework that defines wide array of marketing strategic roles such as advertising, public relations, sales promotions, etc. In modern world apart from maintaining desired level of quality in products or services it is also essential to enhance clarity in brand messages. The diverse set of techniques when effectively combined with communications plan enhances consistency, impact and overal l clarity. IMC or integrated marketing communication has evolved due to some shifts. The shift has occurred from low accountability, traditional, mass media to a high accountability, specialized and interactive media. In all form of business activities integration is an essential component. For instance in marketing activities, integration enables business stakeholders to work in coordination with one another. The benefits of this innovative approach can be further determined on basis of search marketing, accessibility and convenience, aggregation of information and services, social media and mobile growth. There are different marketing communication tools and sponsorship is to be focused on in this study. In present scenario sponsorship is not only beneficial for sponsors in terms of spreading brand awareness but even serves as a strong financial base for the events taking place. It is an advertising tool that is implemented in order to bring in

Microsoft and Antitrust Essay Example | Topics and Well Written Essays - 500 words

Microsoft and Antitrust - Essay Example I therefore agree that Microsoft attempt is one of gaining monopoly power in the software industry. The windows operating system and the internet explorer browser are completely different products that should not be bundled together (Evans, 2002). Microsoft decision is thus one that denies fair competition from other browsers and their restrictive licensing is monopoly intended. In a pure monopoly one firm has the complete control in the production of their products because of barriers of entries for other businesses. There is therefore no competition in the industry and the pricing is not based on the forces of demand and supply. I am against monopoly structure because it promotes inefficiencies and discourages competition. Consequently, monopoly products are of low quality and are highly priced hence encouraging consumer exploitation. In a monopoly, prices and quantity demanded is set at the point of intersection of the marginal revenue and marginal revenue curve. If the marginal cost cuts the marginal revenue curve from the lowest point possible, it means that the firm is operating at optimal capacity and there is no room for expansion and it is at this point that the profit is maximized (Fellner, 1949). Since the demand curve is downward sloping, a reduction in price is accompanied by a corresponding increase in the quantity sold. The firm is therefore the price marker and therefore records high economic profits. Monopoly also deprives consumers their sovereignty of choice, as there are no substitutes for the company’s products. Failure or conditions that can halt the production of a company’s products will therefore result in acute shortages. Monopoly pricing coupled with artificial shortages to the society will result into dead weight loss to the society (2009). The locative inefficiencies in monopoly lead to loss by the society. Moreover, monopolies have been

Teaching Reading to Students with Learning Disabilities Essay

Teaching Reading to Students with Learning Disabilities - Essay Example The development of effective reading strategies can have positive consequences for students with learning disabilities, yet many students do not learn to use strategies automatically. Finally, the implications for reading instruction for students with and without disabilities in inclusive settings are discussed. The ability to read is a critical component of school success. A strong correlation exists between poor reading ability and school failure, and students who do not learn how to read during their elementary years have difficulty navigating the school curriculum during middle and upper grades (Marston, Deno, Dongil, Diment, & Rogers, 2005). The National Center for Education Statistics reported that more than 75% of all fourth graders and eighth graders scored below the reading proficiency range on the most recent National Assessment of Educational Progress (NAEP) reading assessment (U.S. Department of Education, 2002). These numbers suggest that a large number of students with and without disabilities are not benefiting from current traditional reading curricula and instructional practices (Carnine, Silbert, & Kameenui, 2001; Simmons & Kameenui, 2000). Improving reading instruction is a top priority for both general and special education. These concerns are paramount for students with high-incide... Among the students with high-incidence disabilities, children classified with learning disabilities constitute the largest group of students receiving special education services. More than 2 million students in the United States are classified with a learning disability, a number that has increased dramatically since the late 1970s. In the past decade alone, the number of students classified with a learning disability increased 38%, and currently students identified with a learning disability represent 51% of all students with disabilities (U.S. Department of Education, 2000). The 2001 reauthorization of the Individuals with Disabilities Education Act (IDEA) specifically identified the general education setting as the most appropriate placement for all students, and about half of the students classified with a learning disability participate full time in a general education classroom. Full-time placement in the general education classroom is commonly called inclusion or inclusive education (U.S. Department of Education, 2000). In inclusion settings, students with disabilities may or may not receive additional support from a special education teacher. Some programs involve general and special education teacher collaboration, but in many cases the general education teacher is responsible for implementing all academic support services, curricular adaptations, and testing modifications (Schulte, Osborne, & Erchul, 2002). Moreover, most new standards-based reform initiatives require that students with learning disabilities meet minimum local and state competenc y requirements. Despite the extra responsibilities this places on teachers, many school districts continue to reshape the roles of

Introduction into Tesco Essay Example for Free

Introduction into Tesco Essay Tescos main headquarters may be based in Hertfordshire but Tescos have hundreds of stores all around the United Kingdom. In the year of 1997 Tescos had 586 stores around the country and had an annual profit of i 760m. 2 years later Tescos had increased its amount of stores around the country to 639 with that move came a greater profit as it rose to i 919m. in 2001 Tescos profit rose once more and so did its stores its annual profit for the year was i 1,100m it store count was now up to 692. Tescos offers many types of stores including Tesco Metro, a put-of-town store, Tesco express, this store has a petrol station combined with a retail site, and most recently Tescos extra, this is a new concept and offers more verity to shopping, Tescos extra offers a wider range of products all this is available over 100,000 square feet of retail space. It sells many things including groceries, all types of foods, cloths and household electrical accessories; Tescos purpose is to provide top quality service through selling its products Newport has two stores, which can be found on Cardiff road and Newport Retail Park, spytty. Type of ownership The type of ownership my first company has is public limited company (PLC). This means that the company is of a large size and employs 1000s of employees, a likely reason behind this running of the company is that it offers the security of limited liability, due to the advantages of having shares on the stock exchange. Any one over the age of 18 can purchase shares on the stock exchange, these shares bring in greater capital to the business. The company is run and owned by its shareholders, the public. The shareholders are able to employ high quality managers and directors meaning the running of the company are of high standard If the company went bankrupt then the owners would not be liable for its debts, this is because the company is PLC, and therefor it is protected by limited liability. This means that the company has its own legal identity and its owners are not responsible for its debts, however they would lose the money that they put in at the beginning. Introduction: Tesco Company History Recant history Tesco is one of Britains leading food retailers and has 586 stores though out Great Britain. From 1992 Tesco has grown greatly and has increased its market share from 10. 4% to 15. 2%. This increse in customers has also given Tesco a large amount of profit. Tesco has 164,500 shareholders. Tescos profit is about 505 million pounds after the tax has been deducted; about 50%of this is then distributed to the shareholders as dividends. The rest roughly 250 million pounds is held back for investment in stores and improving services for the customers. The average shareholder holds between one and one thousand shares, but also banks, pension funds and building sercertys, hold a large amount of shares. Tescos share prices have risen since February 1997 when it was 349p to 586p on the 21st April 1998. The shares have peaked a high price of 603p. With this growth Tescos is now the largest super market chain. How Did Tesco actually start? Tesco was founded in 1924 by Sir Jack Cohen. He used his gratuity for his Army service in the World War to start selling groceries in Londons East End markets in 1919. The brand name Tesco first appeared on packets of tea in the 1920s. The name was based on the initials of T. E Stockwell, a partner in the firm of tea suppliers, and the first two letters of Cohen. The business grew and in 1947 Tesco Stores (Holdings) Ltd was floated on the stock exchange, with a share price of 25p. The price at the start of March 2001 the price raised to around 260p. When did the first Tesco self-service store open? Self-service supermarkets started in the USA in the 1930s during the depression. By selling a wider variety and larger volume of stock and employing fewer staff they cold offer lower prices to the public. Jack Cohen opened the first Tesco store in St Albans in 1948. When did Tesco open its first supermarket? In 1956 the first Tesco self-service supermarket was opened in a converted cinema in Maldon. By the early 1960s Tesco was a household name, as well as selling groceries, the stores sold fresh food, clothing and household goods. The Tesco store which opened in Leicester 1961 had 16,500 square feet of space and went into the Guinness Book of records as the largest store in Europe. By buying bulk and keeping costs down, Tesco should have been able to sell at very competitive prices to its customers. Until 1964 however suppliers were, by law, able to insist that retailers charged at a set price for their products (Retail Price Maintenance). The intention was to protect small shops against the lower prices that big retailers could offer their customers. How did Tesco deal with the law on Resale Price Maintenance? Tesco introduced trading stamps so that it could bring lower prices to customers. Customers collected stamps as they purchased their groceries and other items. When they had collected enough stamps to fill a book, they could exchange the book for cash or other gifts. Other retailers soon copied Tesco. Sir Jack was one of the leaders in pursuing parliament to abolish Resale Price Management in 1964. After this Tesco continued to offer trading stamps until 1977. How did the company grow in the 1960s? Apart from opening its new stores, Tesco bought existing chains of stores. In 1960it took over a chain of 212 stores in the north of England and added another 144 stores in 1964 and 1965. In 1968 the Victor Value chain became part of the company. When was the first superstore opened? Tesco introduced the concept of a superstore in 1967 when it opened a 90,000 square feet store in Westbury, Wiltshire. The term superstore was first actually used when Tesco opened its store in Crawley, West Sussex in 1968. How did Tesco change its image? By 1970 Tesco was a household name. The slogan Pile it high and sell it cheap was the title of Sir Jack Cohens autobiography. But as people were becoming better off, they were looking for more luxurious items as well as everyday household and food products. In the late 1970s the company decided to broaden its customer base and make its stores more attractive to a wider range of customers. Many of the older high street stores were closed and the company concentrated on developing bigger out-of-town superstores. Tesco finally stopped giving out trading stamps in 1977 at the same time as introducing a price cutting campaign under the banner Checkout at Tesco which proved to be a major success. How did Tesco maintain its growth in the 1980s? During the 1980s Tesco continued to build new superstores, opening its 100th in 1985. In 1987 it announced a i 500 million programme to build another 29 stores. By 1991, the popularity of Tesco Petrol filling stations at its superstores had made the company Britains biggest independent petrol retailer. In 1985 Tesco introduced its Healthy Eating initiative. Its own brand products carried nutritional advice and many were branded with the Healthy Eating symbol. By 1990 Tesco was a very different company from what it was 20 years before. The Tesco superstore offered customers free parking as well as cheap groceries and a pleasant shopping environment. In 1992, it opened the first Tesco Metro, a city centre store meeting the needs of workers, high street shoppers and the local community. This was followed by Tesco Express, combining a petrol filling station with a local convenience store to give local communities more choice in their shopping. Tesco broke new ground in food retailing by introducing, in 1995, the first customer loyalty card, which rewarded regular shoppers whilst helping the company discover more about its customers needs.

The book The Evolution of management thought

The book The Evolution of management thought In his comprehensive book The Evolution of Management Thought Daniel A Wren writes: Within the practices of the past there are lessons of history for tomorrow in a continuous stream. We occupy but one point in this stream. The purpose .. is to presentà ¢Ã¢â€š ¬Ã‚ ¦the past as a prologue to the future. Broadly it has been classified into : 1.Scientific management theory 2.Administrative management theory 3.Behavioral management theory 4.Management science theory 5.Organizational environment theory I. PRE SCIENTIFIC MANAGEMENT ERA à ¢Ã¢â€š ¬Ã‚ ¢I. Ever Since Down Of civilization. à ¢Ã¢â€š ¬Ã‚ ¢-Administration of mohenjodaro harappa Cities Of ancient aryan in 2000 B.C. à ¢Ã¢â€š ¬Ã‚ ¢-Buddha order and the sangha à ¢Ã¢â€š ¬Ã‚ ¢-Organizations of public life in ancient greece. à ¢Ã¢â€š ¬Ã‚ ¢Organisation of roman catholic church. à ¢Ã¢â€š ¬Ã‚ ¢Organisation of military force à ¢Ã¢â€š ¬Ã‚ ¢SECOND HALF OF NINETEENTH CENTURY à ¢Ã¢â€š ¬Ã‚ ¢Use of management Principles in business. à ¢Ã¢â€š ¬Ã‚ ¢Robert Owen-1813 :-Development of mgmt Concepts. à ¢Ã¢â€š ¬Ã‚ ¢Factor which influence the productivity of personnel in plants. Adam Smith (18th century economist) à ¢Ã¢â€š ¬Ã‚ ¢Observed that firms manufactured pins in one of two different ways: Craft-style-each worker did all steps. Production-each worker specialized in one step. F.W.TAYLOR AND SCIENTIFIC MANAGEMENT The systematic study of the relationships between people and tasks for the purpose of redesigning the work process for higher efficiency. Defined by Frederick Taylor in the late 1800s Wanted to replace rule of thumb Sought to reduce the time a worker spent on each task by optimizing the way the task was done. Frank and Lillian Gilbreth Studied fatigue caused by lighting, heating, and the design of tools and machines. Time and motion studies Breaking up each job action into its components. Finding better ways to perform the action. Reorganizing each job action to be more efficient. ADMINISTRATIVE MANAGEMENT THEORY The study of how to create an organizational structure that leads to high efficiency and effectiveness. Rules formal written instructions that specify actions to be taken under different circumstances Standard Operating Procedures (SOPs) specific sets of written instructions about how to perform a certain aspect of a task Norms unwritten, informal codes of conduct that prescribe how people should act in particular situations BEHAVIORAL MANAGEMENT THEORY The study of how managers should behave to motivate employees and encourage them to perform at high levels and be committed to the achievement of organizational goals. Focuses on the way a manager should personally manage to motivate employees. Mary Parker Follett   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Concerned that Taylor ignored the human side of the organization Suggested workers help in analyzing their jobs lf workers have relevant knowledge of the task, then they should control the task. MANAGEMENT SCIENCE THEORY An approach to management that uses rigorous quantitative techniques to maximize the use of organizational resources. Quantitative management utilizes linear programming, modeling, simulation systems and chaos theory. Operations management -techniques used to analyze all aspects of the production system Management Information Systems (MIS) provides information vital for effective decision making. Total Quality Management (TQM) -focuses on analyzing input, conversion, and output activities to increase product quality. ORGANIZATIONAL ENVIRONMENT THEORY The set of forces and conditions that operate beyond an organizations boundaries but affect a managers ability to acquire and utilize resources Open System A system that takes resources for its external environment and converts them into goods and services that are then sent back to that environment for purchase by customers. There is no one best way to organize The idea that the organizational structures and control systems manager choose depend on-are contingent on-characteristics of the external environment in which the organization operates. What is management? The term management encompasses an array of different functions undertaken to accomplish a task successfully. In the simplest of terms, management is all about getting things done. However, it is the way and the process of how one achieves ones target or goals and it is in this respect that management is considered an art and a science as well. The term management may be recently defined, but it existed at a time when men started learning the art of organizing, strategizing (during wars) and/or simply planning. At the core of it, management was quintessentially considered as an art of managing men and hence the term manage-men-T. Management is like investment. Managers have resources to invest their time, talent and, possibly, human resources. The goal (function) of management is to get the best return on such resources by getting things done efficiently. This doesnt imply being mechanical or narrowly controlling as some writers on management suggest. The managers style is a personal or situational matter and it has evolved over time. With highly skilled and self-motivated knowledge workers, the manager must be very empowering. Where the workforce is less skilled or not very motivated, the manager may need to monitor output more closely. Skilled managers know how flex their style, coach and motivate diverse employees. Getting things done through people is what they do. By saying that management is a function, not a type of person or role, we can better account for self-managed work teams where no one is in charge In a self-managed team, management is a group effort with no one being the designated managerAnd much later, management scholar, Peter Drucker (1993) defined management as Supplying knowledge to find out how existing knowledge can best be applied to produce results is, in effect, what we mean by management. But knowledge is now also being applied systematically and purposefully to determine what new knowledge is needed, whether it is feasible, and what has to be done to make knowledge effective. It is being applied, in other words, to systematic innovation. (Drucker, 1993) Today the importance of management from an organizations point of view has increased multi-fold. It is only through effective management that companies are developing and executing their businesss policies and strategies to maximize their profits and provide with the best of products and services. Management today combines creative, business, organizational, analytical and other skills to produce effective goal-oriented results! Some of the key functions in management includes learning to delegate, planning and organizing, communicating clearly, controlling situations, motivating employees, adapting to change, constantly innovating and thinking of new ideas, building a good team and delivering results which are not just figure -bound but results that also focus on overall growth and development. Management focuses on the entire organization from both a short and a long-term perspective. Management is the managerial process of forming a strategic vision, setting objectives, crafting a strategy and then implementing and executing the strategy. A good management style is a blend of both efficiency and effectiveness. There is no point in acting efficiently if what you are doing will not have the desired effect. Management techniques can be viewed as either bottom-up, top-down, or collaborative processes. Management is an organizational function, like sales, marketing or finance. It doesnt necessarily mean managing people. We can manage ourselves or the material assigned to us at work. If you managed a project very well on your own, it would mean that you did the job in a well-organized, efficient manner, making good use of all resources at your disposal. In India, largely the top down approach is popular. In the top-down approach, the management makes the decisions, which the employees have no choice but to accept. On the other hand, in the bottom-up approach, employees submit proposals to their managers who, in turn, funnel the best ideas further up the organization. However the bottom up approach is not a very popular approach in India as most of the Indian businesses are family run businesses. Management as art scientific principles and theories will be able to implemented in actual managerial situations. Instead, these managers are likely to rely on the social and political environment surrounding the managerial issue, using their own knowledge of a situation, rather than generic rules, to determine a course of action. For example, as a contrast to the example given previously, a manager who has a problem with an employees poor work performance is likely to rely on his or her own experiences and judgment when addressing this issue. Rather than having a standard response to such a problem, this manager is likely to consider a broad range of social and political factors, and is likely to take different actions depending on the context of the problem. Henry Mintzberg is probably the most well-known and prominent advocate of the school of thought that management is an art. Mintzberg is an academic researcher whose work capturing the actual daily tasks of real managers was ground breaking research for its time. Mintzberg, through his observation of actual managers in their daily work, determined that managers did not sit at their desks, thinking, evaluating, and deciding all day long, working for long, uninterrupted time periods. Rather, Mintzberg determined that mangers engaged in very fragmented work, with constant interruptions and rare opportunities to quietly consider managerial issues. Thus, Mintzberg revolutionized thinking about managers at the time that his work was published, challenging the prior notion that managers behaved rationally and methodically. This was in line with the perspective of management as an art, because it indicated that managers did not necessarily have routine behaviors throughout their days, but ins tead used their own social and political skills to solve problems that arose throughout the course of work. Another scholar that promoted the notion of management as an art was David E. Lilienthal, who in 1967 had his series of lectures titled Management: A Humanist Art published. In this set of published lectures, Lilienthal argues that management requires more than a mastery of techniques and skills; instead, it also requires that managers understand individuals and their motivations and help them achieve their goals. Lilienthal believed that combining management and leadership into practice, by not only getting work done but understanding the meaning behind the work, as effective managerial behavior. Thus, he promoted the idea of the manager as a motivator and facilitator of others. This manager as an artist was likely to respond differently to each employee and situation, rather than use a prescribed set of responses dictated by set of known guidelines. Another proponent of the management as art school of thought is Peter Drucker, famed management scholar who is best known for developing ideas related to total quality management. Drucker terms management a liberal art, claiming that it is such because it deals with the fundamentals of knowledge, wisdom, and leadership, but because it is also concerned with practice and application. Drucker argues that the discipline (i.e., the science) of management attempts to create a paradigm for managers, in which facts are established, and exceptions to these facts are ignored as anomalies. He is critical of the assumptions that make up the management paradigm, because these assumptions change over time as society and the business environment change. Thus, management is more of an art, because scientific facts do not remain stable over time. Managing is one of the most important human activities. From the time human beings began forming social organizations to accomplish aims and objectives they could not accomplish as individuals, managing has been   essential to ensure the coordination of individual efforts. As society continuously relied on group effort, and as many organized groups have become large, the task of managers has been increasing in importance and complexity. Definition: Management is the art, or science, of achieving goals through people. Since managers also supervise, management can be interpreted to mean literally looking over i.e., making sure people do what they are supposed to do. Managers are, therefore, expected to ensure greater productivity or, using the current jargon, continuous improvement. Management is not easy. It is not an exact science. In fact, it is seen as an art that people master with experience. Managing your businesss most vital assets is too important to leave to chance.People who believe management is an art are likely to believe that there is no specific way to teach or understand management, and that it is a skill borne of personality and ability. Those who believe in management as an art are likely to believe that certain people are more predisposed to be effective managers than are others, and that some people cannot be taught to be effective managers. That is, even with an understanding of management research and an education in management, some people will not be capable of being effective practicing managers. Practicing managers who believe in management as an art are unlikely to believe that scientific principles and theories will be able to implemented in actual managerial situations. Instead, these managers are likely to rely on the social and political environment surrounding the managerial issue, using their own knowledge of a situation, rather than generic rules, to determine a course of action. For example, a manager who has a problem with an employees poor work performance is likely to rely on his or her own experiences and judgment when addressing this issue. Rather than having a standard response to such a problem, this manager is likely to consider a broad range of social and political factors, and is likely to take different actions depending on the context of the problem. The perspective of management as an art assumes to some extent that a manager has a disposition or experiences that guide him or her in managerial decisions and activities. Thus, with this perspective, many managers may be successful without any formal education or training in management. While formal management education may promote management as a science,many development efforts support the notion of management as an art. To cultivate management talent, organizations offer mentoring, overseas experiences, and job rotation. These activities allow managers to gain greater social and political insight and thus rely on their own judgment and abilities to improve their management style. Much of mentoring involves behavior modeling, in which a protà ©gà © may learn nuances of managerial behavior rather than a set of specific guidelines for managing. Overseas experiences are likely to involve a great deal of manager adaptation, and the general rules by which a manager might operate in one culture are likely to change when managing workers in other countries. Finally, job rotation is a technique that requires a manager to work in a variety of settings. Again, this encourages a manager to be flexible and adaptive, and likely rely more on his or her personal skill in manag ing. Management actually more of art than science. A huge part of Management is leadership, and no matter how many books and courses you take on the subject, if you dont have it in you, then the best you can be is a poor manager. On the flip side, a manager, even with the right innate skills, can make a lot of obvious mistakes if he didnt study well.   Management as science Science can be defined as any skill or technique that reflects a precise application of facts or a principle.. In practice, management as a science would indicate that managers use a specific body of information and facts to guide their behaviors, and that management as an art requires only skill and no specific body of knowledge,. Management Science deals with development and application of the concepts and models in case of any issues and solves managerial problems. The models are usually represented mathematically, but sometimes a few other methods such as computer-based, visual or verbal representations are also used. Believers of management being a discipline of science believe that there are ideal managerial practices available for certain situations. A manager who believes in the scientific principles, when encounters a managerial dilemma has got the view that there must be a rational and objective way to determine the correct course of action. It is possible that the manager will adopt the general principles and theories and also by creating and testing hypotheses. For example, when the employees performance is poor then the manager assumes that certain principles will work in most situations and reacts accordingly to the issue. The concept may be something learnt from a business school or through any f ormal means of training that the person might not consider other factors such as the political and social factors involved in the situation. Many early management researchers opined that managers are like scientists. The first theory that served subscribed to the vision of managers as scientists. The scientific management movement was the primary driver of this perspective. Scientific management, by Frederick W. Taylor, Frank and Lillian Gilbreth, and others tried to discover the one best way to perform jobs. The theory was published in Taylors monographs, Shop Management (1905)] and The Principles of Scientific Management (1911).The main aim was to bring in a theory to evaluate and organize work in order to get the optimum efficiency and effectiveness. The pig iron is the best illustrative of the scientific management theory. The load was split into lots weighing 92 pounds each, known as the pig. On an average 12.5 tons were loaded onto the rail cars by the workers but Taylor believed that it could be increased to 47 or 48 tons per day and as he had believed it completely worked. The following result was achieved by Matching the skill sets of the workers with that of the task that is required to do. Clear instructions are being provided for the workers on how to perform each of the tasks and it was ensured that the the instructions were being followed. Equal division of labour between the workers and the management. The employees were then motivated by providing them with a significantly higher daily wage. It was believed that the shop floor by 200% through the following principle. The theory of scientific management was adopted throughout the world including France, Russia and Japan. McDonalds has been successfully adopt the principles of Scientific Management into its system in the areas of bonus systems, the mutual understandings with the workers and systematic training provided The theory completely created a paradigm shift in the understanding the psychology of workers thus reducing the efficiencies to a very large level. Management, like other sciences has its own principles, laws, generalization which is universal in nature and can be applied to various situations. But management could not be treated in the same way as the other sciences are being treated, the sole reason being that management deals with people and it is very difficult to predict human behaviour accurately. Therefore, it can be said that management falls under the category of Social Sciences. Management has taken a giant leap in this century. Many are of the misconception that the scientific method will provide solutions to all problems but managers must understand that they must contend with the uncertainties that cannot be removed by the scientific endeavour. With the era being an era of science and technology, it is quintessential that we understand their importance. It is inevitable that every business involves some amount of scientific and technological systems. Management is a science as the scientific principles and rules (such as Taylors theory of scientific management and Webers conception of social and economic organization) that have been devised can be applied for improving productivity. Management as technology What is managementWhat is technologyAre these two related somewayIs technology good or bad These are some basic questions that we shall try to answer to understand this concept of management as technology Technology is the scientific methodology and the materials used to achieve certain goal or solve a particular problem. Management is the process of getting activities completed efficiently and effectively with and through other people. In laymans words, Management is to manage the man, money machine and technology helps in better management In todays world everybody is using technology in some way or the other whether knowingly or inadvertently. Technology is everywhere around us; in our homes, in our offices etc. The role of technology becomes even more important when it comes to the application of various functions of management. Todays business scenario is extremely fast, dynamic and full of uncertainties. Todays managers cannot afford to waste time on getting information ,then analysing it, then concluding results out of that raw information and then executing plans .Thus .here comes technology to his rescue. Technology makes it faster, far more efficient and easy for the managers to get results out of pieces of information and then formulate and execute plans and in turn generate profits for the business. But the question is How does technology do it and what technologies are available? A lot of technologies are available today to help out managers to take fast and effective decisions as well as expand their businesses. With the help of technology various software tools have been designed to manage all types of help desk customer service related tasks. It allows you to centrally record, track, update proactively manage customer service CRM related tasks, issues projects by allowing you to create, customize and automate workflows processes. Technology is designed to create, optimize automate business process based upon the customers requirement. It delivers complete transparency control to manage different workflows approvals for all types business enterprises. Technology allows organizations to proactively manage issues. Technology provides simple, easy to use, customizable web-based business management tools.   Technology management can also be defined as the integrated planning, design, optimization, operation and control of technological products processes and services, a better definition would be the management of the use of technology for human advantage. Today technology is used in every section of management whether it is marketing management, production operation management, human resource management, finance management or systems management. Project management is also the important part of technology management. Project management is the discipline of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives.   The primary challenge of project management is to achieve all of the project goals and objectives while honoring the preconceived project constraints. Typical constraints are scope, time, and budget. The secondary challenge is to optimize the allocation and integration of inputs necessary to meet the pre-defined objectives. Some tools that are used in the Organizations are :- Online business networking Networking is a marketing method by which business opportunities are created through networks of like-minded business people. Businesses are increasingly using business social networks as a means of growing their circle of business contacts and promoting themselves online. In general these networking tools allow professionals to build up their circle of business partners they trust. By connecting these business partners the networking tools allow individuals to search for certain people within their network. Since businesses are expanding globally, social networks make it easier to keep in touch with other contacts around the world. Specific cross-border e-commerce platforms and business partnering networks now make globalization accessible also for small and medium sized companies. Social networking websites like LinkedIn.com, Facebook.com are some technologies that help businessmen meet each other online and remain in contact from any part of the world. Sharing of ideas and thoughts Blogs and certain websites like Twitter.com etc are some technologies which provide a platform where people can share their thoughts and present their opinions. Database management and data mining Today no longer we need any books etc to maintain data and records because today we have online database management systems which not only record our data but we can also query out information very fast and effectively. Data mining is the process of retrieving useful patterns out of data stored in the data warehouses which helps managers to analyze data and take quick decisions from the patterns. ERP Enterprise Resource Planning (ERP) is an integrated computer-based system used to manage internal and external resources, including tangible assets, financial resources, materials, and human resources. It is a software architecture whose purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders. Built on a centralized database and normally utilizing a common computing platform, ERP systems consolidate all business operations into a uniform and enterprise-wide system environment. In the absence of an ERP system, a large manufacturer may find itself with many software applications that cannot communicate or interface effectively with one another. ERP systems connect the necessary software in order for accurate forecasting to be done. This allows inventory levels to be kept at maximum efficiency and the company to be more profitable. Integration among different functional areas to ensure proper communication, productivity and efficiency Design engineering (how to best make the product) Order tracking, from acceptance through fulfillment etc. Thus, we just now learnt about some technologies that the managers have at their disposal to help them out perform critical managerial functions. So, now we can certainly say that yes management and technology go hand in hand and without technology, management would become too difficult. Modern Management Theories and Practices Management thought has been evolving and redefining itself . There have been three phases of development during the process The Classical Approach, The Human Relations Approach and the contemporary approaches. The classical approach just emphasized the importance of production and administration process within the organization. The Human Relations Approach elucidated the importance of maintain human relations and thus adhering to sound practices in order to achieve the harmony. The contempropry approaches laid importance on the social systems, the decision making process and the application of quantitative methods. These are often grouped together as modern approaches. The classical management approach, developed during the Industrial Revolution, suggested the development of standard methods for doing jobs and the people were trained and they worked like machines. Every person had his own specialized work and he had to do it. This approach accentuated the work element and did not see the workers as human beings but machines. As management became more sophisticated, there was a shift from the era of production or the stress on production to punctuation on human relations. The Hawthrone experiments clearly indicated that apart from the working conditions and the physiological state of the workers, there were other factors influencing the productivity. George L. Mayo postulated these factors as social and psychological in nature. Recent Developments in Management Theory The recent developments in the management theory have been the Systems Approach, Situational or Contingency theory, Chaos theory, and Team Building theory. The Systems Theory: A system is looked at as having inputs (e.g., raw materials, funds, and human resource), processes (e.g., planning, organizing, motivating, and controlling), outputs (products or services) and outcomes (e.g., enhanced quality of life or productivity for customers/clients, productivity). According to this approach, the four aspects of the system is inter connected and this can be used to determine patterns and events. The Situational or Contingency Theory: This theory postulates that all aspects of the situations must be taken into account when managers make a decision. For e.g. if one is leading a military troop, then an autocratic style or a bureaucratic style must probably be adopted, whereas in the case of a medical facility, a more participative and facilitative leadership style will be more suitable. The Chaos Theory: This theory suggests that systems naturally tend to go complex and hence will lead to more volatility and instability. Thus inorder to maintain a balance, it is important to exert more energy. This trend continues until the system splits and falls apart entirely. Manager must be able to effectively scrutinize and take care so that mishaps dont happen. The Team Building approach: This theory postulates that team building is the essence of providing quality circles, best practices, and continuous improvement within the organization. This theory also elucidates that the reduction of levels of hierarchy or flattening of the system will bring in more effectiveness. Consensus management is the essence of the theory that is involving more people at all levels in the process of decision-making. MODERN MANAGEMENT PRACTICES The basis of Modern Management Practices are based on Leadership and Commitment, Business Planning and Risk Management, Control Systems, Performance Management, Accountability Management Leadership and Commitment: Open-door management style, strong management board, good relationship with staff, importance in the area of values and ethics are all the prerequisites of Modern management. The Senior Financial Officer and the staff play a strong leadership role in the organization and participate in all major business decisions. Business Planning and Risk Management Strong linkage exists between business planning and management accountability agreements. This is achieved by setting well defined the corporate strategies and priorities.

Child Abuse and Neglect :: Violence Against Children

Child abuse is defined by the U.S. Department of Health & Human Services as being, "Any recent act or failure to act on the part of a parent or caretaker which results in death, serious physical or emotional harm, sexual abuse or exploitation"; or "An act or failure to act which presents an imminent risk of serious harm."(Definitions of Child Abuse and Neglect 2015). Child abuse is a growing social problem which results in the death of about two thousand children annually. In just one day five children will die from abuse or neglect. In fact every thirteen seconds another child is abused in the United States. The fact that so many children are being abused and may be killed by this abuse is significant, but it is also important to realize that there are detrimental effects that the abuse may have on a child ten or twelve years later. The abuse that a child sustains may affect people in very different ways, but child abuse has never and will never have a positive effect on a child lat er in life. A child that goes untreated for having been abused has an increased likelihood of arrest for a violent crime than that of the general population by thirty eight percent. Children that have been abused have been found to have a greater chance of delinquency and a life of crime. Victims of child abuse have been proven to be more at-risk than people of the general population for negative personal and social events later in life. Since there are so many negative effects that child abuse has on people later in life, there have to be ways for people to speak about their problems and have other people's advice who have experienced similar abuse in their life. One way in which people may feel comfortable speaking of their past abuse is on-line on the World Wide Web. They can write about their experiences and get feedback from people with similar problems. People tell their personal stories of the abuse that they sustained as children and the negative effects that it has had on their life as adults. Many of the stories speak of ways in which some sort of child abuse, such as sexual abuse, has affected their lives as adults in their relationships with people of the opposite sex. Anyone can get on-line and tell their life story of abuse whether it be sexual, physical, or mental.

Moral Law According To Kant Essay -- Morality Ethics Kant Philosophy E

Moral Law According To Kant   Ã‚  Ã‚  Ã‚  Ã‚  Immanuel Kant was a deontologist from Germany in the eithteenth century. He believed that the only test of whether a decision is right or wrong is whether it could be applied to everyone. Would it be all right for everyone to do what you are doing? If not, your decision is wrong. It would be wrong, for example, to make a promise with the intention of breaking it because if everyone did that, no one would believe anyone's promises. In ethics, Kant tried to show that doing one's duty consisted in following only those principles that one would accept as applying equally to all.   Ã‚  Ã‚  Ã‚  Ã‚  Kant objects most of all to the principle that one's own happiness can be the ground of morality. He rejects this possibility because well-being is not always proportionate to virtuous behavior. By this I mean that one manÕs well being is not always universal to all. Most significantly, Kant renounces happiness as the principle of morality because it obliterates the specific difference between virtue and vices.   Ã‚  Ã‚  Ã‚  Ã‚  Universality is the form of a moral law whereby all rational beings are subject to the same condition as the basis of morality. Kant argues that there can be principles for action that do not admit of exceptions, and that this occurs through practical reason. In other words, the possibility for morality does not hinge on the empirical world, but rather is a feature of the nature of the entity that is the ground for morality. Since all rational...

The History of Computers :: Technology Essays

The History of Computers In 1964, no one, with the exception of those with-in the field of study, had ever heard of a computer. Now, only forty years later, almost every home in America is equipped with at least one computer. A computer is defined as a device that accepts information, in the form of digital data, and manipulates it for some result based on a program on how data is to be processed. The first computer was not as fast or efficient as the computers used today, however they are all based on the first model. â€Å"Since the invention of numbers, humanity has tried to make instruments to help in performing calculations† (Moreau 4). Before 3000 B.C. there were tablets used for calculating. The Ancient Chinese used a bead frame for counting. Although rather innovative, neither of these calculating devices was automatic. In the early 19th century, a British astronomer and mathematician had an idea that would change the history of computing forever. His name was Charles Babbage and he described a machine that would have the ability to do a variety of calculations. Because the mechanical-engineering technology of that time period was not reliable or fast enough, he was unable to produce his dream. Babbage’s idea was based on the mathematical insights of George Boole, who first stated the principles of logic used in today’s digital computers (Computer 1). Also, Ada Lovelace, Babbage’s assistant, is known as the first programmer because she introduc ed program loops and subroutines. The development of electronics led to the first computers. Once electromechanical technology entered the world, calculators began being produced. The first electronic calculator was built by IBM. This is known as the IBM 603, which was created by Byron E. Phelps. Building upon this model, steps were taken towards the first computer. â€Å"The IBM Selective Sequence-Controlled Electronic Calculator (SSEC) was created between the years 1945 and 1948 by a group led by Frank Hamilton, one of the engineers who worked on the building of the Harvard-IBM machine† (Moreau 39). Disregarding calculators, the first real useable computer began with the vacuum tube.

Financial ratio analysis Essay

Financial ratio analysis is conducted by managers, equity investors, long-term creditors and short-term creditors. What is the primary emphasis of each of these groups in evaluating ratios? Managers deal with all types of ratios. It is important for them to judge and improve the overall financial position of the company. Financial ratios are one of the most common tools of managerial decision making. Financial ratios involve the comparison of various figures from the financial statements in order to gain information about a company’s performance. Ratios to this group, serve as indicators, clues, or red flags regarding noteworthy relationships between variables used to measure the firm’s performance in terms of profitability, asset utilization, liquidity, leverage, or market valuation. Equity Investors use the analysis of financial ratio to help equity investors know whether their investment earnings some return or not. They emphasize more on profitability ratios with those investors look for entities with high earning potential and will be reluctant to associate themselves one that poor return since the market price of stock and dividend potential will be adversely affected. Long-Term Creditors deal mostly with the solvency ratios. They are important because the ratios under this category indicate the long term financial position of the company in terms of its solvency. Financial ratios analysis helps long term creditors to know company’s ability to meet interest expenses and long term obligations on time. Times interest earned ratio, debt to total assets turnover ratio, debt to shareholders equity ratio are also some of the ratios that are helpful for long term creditors. Short-term Creditors find liquidity ratios as more important. The analysis of financial ratios assists Short term creditors to know the ability of company to pay their short term obligation. They mainly focus on corporate liquidity is especially important to creditors. If a company has poor liquidity position, it may lead to delay in receiving interest and principal payments or even losses on the amounts due. It includes various calculated ratios such as Current ratio, receivable turnover, accounts payable , liquid ratio, working capital etc. , that helps short term creditors analyze company’s credit history. (3-3) Over the past years, M. D.  Rryngaert & Co. has realized an increase in its current ratio and drop in its total assets turnover ratio. However, the company’s sales, quick ratio, and fixed assets turnover ratio have remained constant. What explains these changes? It may have been that the inventory of M. D. Rryngaert & Co. was not properly managed. We can witness that because of a higher inventory, current assets increases, with an automatic decrease in total assets turnover. However, the quick ratio and the fixed assets turnover have remained constant due to the fact that they are not included in inventory. Furthermore, with sales remaining constant and with an increase in inventory as mentioned, the company is definitely not in a good financial position. (3-4) Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between a grocery chain such as Safeway and steel company? Think particularly about the turnover ratios, the profit margin, and Du Pont equation. Safeway, being a grocery business, requires a lesser number of dollars in assets to produce a dollar in sales than would a steel company. Furthermore the margin that grocery stores derive from the sale of each item is usually low. That is why they rely on a large volume of sales, and high turnover of inventory. They sell their products quickly, with a high turnover, and a lower profit margin with having to sell higher volumes of products to make up for the low margin. As for the steel company, being a business that has a higher profit margin but low turnover ratio, it tends to have lower volume of business transactions. The steel company would also spend more money in assets in order to generate a good return in sales, as compared to a grocery store. The profit margin being the ratio between revenue and income, finds a business with higher profit margin to have lower cost of sales and hence high profit, while a business with lower profit margin will have higher cost of sales. Turnover ratios show how many times a year company is replacing their inventories. So by using the DuPont formula, we can calculate the ROA for each different company by a simpler version of the equation being Return on Assets (ROA) = Profit Margin x Total Asset Turnover.

Naked States Film Reaction Paper Essay

The idiosyncrasies of photography are nothing new in my book, I happen to have a cameraphile (for lack of a better word) sister, who prides herself of having taken pictures of every little monument, statue or building she stumbles upon. Every time our family goes on a holiday on a new location, she takes it upon herself to take anything â€Å"worth† storing in her camera (in almost every angle), which means everything and we stopped every time she has to take a shot, which means every mile. I thought I knew all the quirks of photography until I gaze upon several dozen naked people lying in the streets of New York City and a cynical guy casually taking pictures of them. Wow, it hit me, now this is a different story. â€Å"The only purpose for which power can be rightfully exercised over any member of a civilized community, against his will, is to prevent harm to others†. In a liberal society like ours (sort of), I have found that this principle provides reasons for limiting free speech when doing so prevents direct harm to rights. This means that very few acts should be prohibited. It recommends very limited intervention in the realm of free speech. All forms of speech or expression that are found to be offensive but easily avoidable should go unpunished. Public nudity, for example, causes offense to some people, but most of us find it at most a bit embarrassing, and it is avoided by a simple turn of the head. The same goes with sex and coarse language on television this principle doesn’t support criminalizing bigamy or drug use, or the enforcement of seat belts, crash helmets and the like. As we all know, nude photography is a subject to the freedom of expression and unless that form of expression is obscene or offensive in nature, it is completely legal. Nude photography is no more different from nudity. And like I said, nudity is a prime example of a possibly offensive but victimless state of being. It is not even an activity or act, since it is not behavior, but simply the absence of clothing. The nude and the naked should therefore be protected by civil rights and liberties, including natural rights, freedom of expression, freedom of religion, freedom of association, and private property rights. And throwing photography into the mix is, again, no different. Of course, most folks don’t want naked people to walk down the street. But anti-nudity laws extend way beyond this to prohibit nudity in one’s property and even inside one’s own house, and some places make it illegal to be nude in the company of a child even at home. In some place, breast feeding is treated as a crime. Art depicting nonsexual nudity is banned in some places and many shops that develop film routinely destroy any film that depicts nudity, and if a child is shown nude, no matter how innocent the context, the shop reports it to the authorities. Before you get the wrong idea; I think Spencer’s philosophy is complete crap. Utter crap, liberation through nudity? I don’t have a slightest desire to be â€Å"liberated† because, well, as far as I’m concerned, I am liberated. I feel liberated. I don’t have to strip down to the waist and have someone capture that moment to feel good about myself or to wash away any misgivings I have in the past. And I think its enormously unpleasant seeing naked people lying down in a pavement road like Jewish victims straight from the concentration camps of the Holocaust. Contrary to popular belief, the clothing we wear doesn’t promote shame and reservation in the human body but it intensifies the respect for human sanctity of our own body. In other words, the clothing is not here to hide or disguise your body like a cloak but to preserve them and treasure for someone you loved like a wedding veil. Heck, I guess you can even say that we humans, by our very nature, are evil and lustful. And our clothing, on most cases, serves as a cushion from our lecherous individuality we all share since the beginning of adolescence to each other until you have met the right intimate companion. Although unlike many people, I know better. Or at least I did after a brother of mine did his very best to enlighten me. I remember asking him quite a long time ago, out of curiosity, about â€Å"the big deal on stopping nudists from walking around all nude and all†, and he said that apparently in California, they are considering a â€Å"local option† law that would let local governments determine their own â€Å"community standards,† replacing the current state-wide standard. This means publication depicting nudity in a non-sexual context, or even a photo of one’s naked baby in a bathtub, could be classified as obscene by the local standard. Electronic communications and web sites showing non-sexual nudity, such as people at a nude beach, would become criminal in that locality. Such laws are being pushed and passed throughout the world because most folks are not a free-thinking activist (or more likely, a cynical artist) like Spencer Tunick, or even a determined nudist and think it does not affect them. But these laws are not only unjust to these people, but set terrible precedents against free expression and private property rights. This abridgement of the freedom of expression is a foot in the door to the suppression of all our rights and liberties. Spencer might not have meant it intentionally but his actions will take a greater resonance in the annals of freedom of expression than anyone can imagine. And by the way, if anyone had the witless audacity to approach me and ask me to pose nude for artistic reasons I tell them â€Å"S— no. Find someone else who desperately needs a boost on self-esteem or a misguided publicity stunt†. Couldn’t have said it more eloquently.

Much Ado About Nothing †Benedick and Beatrice Essay

Benedick and Beatrice have close connections in the play, Benedick is portrayed to be a staunch bachelor, whereas Beatrice a combative character, also ironically, due to this being set in the Renaissance era, outspoken. Benedick is seen as very misogynistic. Benedick is portrayed as a misogynistic character to the audience; this is presented on multiple occasions. Benedick inquires if Claudio would, â€Å"Buy† Hero. The verb â€Å"Buy† suggests that women were seen as objects in the Renaissance era. Claudio responds to Benedick, â€Å"Can the world buy such a jewel?† Benedick’s response also backs up the point that women were seen to be commodities in his view as he declares you can indeed buy her, â€Å"and a case to put [her] it in†. The noun â€Å"case† shows us that Benedick’s views are presented to the audience about his misogynistic sentiment. Benedick states that all women shall, â€Å"Pardon† him. He will do himself, â€Å"the right to trust none† explaining that he doesn’t trust women. Beatrice is presented to the audience as being a very witty character, this is shown at the ‘masked ball’ where Beatrice pretends she doesn’t realise that the man in the mask is Benedick. Beatrice’s crude comments towards Benedick such as he is the, â€Å"Prince’s jester, a very dull fool†, Incorporating a sardonic tone in order to incorporate excess agony for Benedick. Benedick is presented as a character that staunchly defends his decision to remain single, claiming he â€Å"will live a bachelor† forever. We can tell from the modal verb ‘will’ that he is in attempt to avoid women at all costs. Benedick’s explanation of a perfect women being, â€Å"fair†¦virtuous†¦ rich†¦ mild† is impossibly perfect, presenting him as not wanting a wife due to the fact there was no women with all these attributes in the Renaissance era therefore his status as a single man, a bachelor would remain unchallenged. Beatrice is presented as a combative and outspoken character; this is shown immediately at the beginning of the play where Beatrice challenges Benedick to an intellectual battle of wits. Beatrice inquires why Benedick is â€Å"still talking†, when â€Å"nobody marks [him] you. The pronoun ‘nobody’ reinforces her low regard for him however still ironically reveals that she is the only person still interested in what he is saying. This shows Beatrice is uncharacteristic of the Renaissance paradigm of virtue in a woman, also challenging men. In conclusion we can see the feelings regarding Beatrice and Benedick, and that they are portrayed towards the audience as argue mental towards each other. There conflicts may have a hidden meaning†¦ such as when Beatrice was the only one interested in what Benedick was saying after she referred to no one being interested. Benedick is presented to the audience as being misogynistic and a staunch bachelor however he may have deeper affections for Beatrice. Beatrice is presented to the audience as being witty, combative and outspoken however her combative attempts are to do with her inner affection for Benedick.

History of Physical Education Essay

A brief history of physical education in the United States would kick off in the nineteenth century. There was growing popularity of formal physical education programs all across Europe where calisthenics and gymnastics were all the rage. American schools looked to follow the European model by incorporating physical education into the curriculum for primary and secondary schools. And a brief history of physical education would not be complete with a consideration of institutes of higher education that gradually built up extremely successful sports programs. How it began The brief history of physical education would start in just about 1820 when schools focused on gymnastics, hygiene training and care and development of the human body. By the year 1950, over 400 institutes had introduced majors in physical education. The Young Men’s Christian Association launched its very first chapter in 1851 and focused on physical activities. Colleges were encouraged to focus on intramural sports particularly track, field and football. But physical education became a formal requirement following the civil war when many states opted to pass laws that required schools to incorporate a substantial physical education component into their curriculums. But it was not till 1970 that an amendment was made to the Federal Education Act that allowed women from high school and college to compete in athletic competitions. Sex-based discrimination was completely outlawed from government funded programs at this point. THE HISTORY OF PHYSICAL EDUCATION AND ADAPTED PHYSICAL ACTIVITY IN GREECE. In Greece the latest years special education has followed the same progression as in any other country in Europe but in a very slow pace. Specifically, Special Education services were available to Greek children since the beginning of the 20th century, adapted Physical Education was introduced the last two decades. After the first half of the century various associations developed intense activity with the aim to protect specific groups of people with special needs such as, the blind, the deaf and motionaly disabled. The initiative had clearly charitable characteristics with pity as the main feeling. The state welfare was non-existent every kind of care and prevention was accorded to the authorization of the charitable organization that with full power decided during the course of the years about the life and the future of thousands of people with special needs. The offers of the individuals had the form of institutional care (enclosed protection) with the offer of basic knowledge. The interest of private initiative led to the introduction of various institutional units and schools; firstly in the area of Attica and then in other cities of Greece. Some of the first institutions, which were created, was the â€Å"house of the blind† in 1906, the â€Å"house of the deaf and dump† in 1923, and the â€Å"Hellenic organization for the protection and rehabilitation of disabled children†. In 1937 much late there were more branches created such as the â€Å"national institution for the protection of the deaf and dump† in 1937, the â€Å"lighthouse of the blind† in 1946, the â€Å" school of the blind in North Greece† in 1948 etc. These institutions housed a great number of children but the role of the individuals was not only always a charitable one. However, the private sector helped in its way the state preparation so as to take up later the responsibility and interfere institutionally. The first state interferences began in 50’s and concerned mainly legislation arrangements for the blind and after for the motionaly disabled. The state however was interested in the group of the mentally retarded children and later in the motionaly disabled, which the private agents had completely ignored. The first school, which was founded by the state for the mentally retarded children, was the â€Å" original special school of Athens† in 1937. Many people considerthe state interference in the space of special education during the 30’s non-occasional. The considerable evolutions of pedagogical and psychology sciences, the establishment of obligatory attendance for all the children and the great number of mentally retarded children comparatively with other groups of â€Å" inferior individuals† was a reality which the Greek state could not ignore. From the mid of 50’s the 70’s the developments in special education came again from the wide activity of the private sector while the state followed with mainly legislation inferences and the well known sympathy towards the people with special needs. So, during this period educational units were founded and â€Å"deaf and dumb† schools in various areas of Greece and units for motionaly-disabled people. Another offer of the private sector was the foundation of children’s neuropsychiatry clinics and schools for the group of â€Å"marginal adults† and â€Å" mentally retarded children†. The exemplification of the Greek state and the educational policy of the western countries begins in the mid of the 70’s approximately. Specifically towards the end of the 70’s measures were promoted for the professional rehabilitation of the disabled by giving motives to employers for the employment of these people. Since 1980 and then special classes for the children with, learning difficulties and slight mental retardment began to be estamplished. The Greek state in the 80’s seems to desire to participate actively with the other social factors in an attempt of reorganization of the philosophy and pre-existent structure concerning the people with special needs, which imposed their life and social back round. Precisely, emphasis was given in the whole development and the development of the potential of the people with special needs, their introduction in the productive procedure and their mutual acceptance in the social group. Today, thousands of individuals with disabilities are introduced to sports in various settings such as schools or in sports clubs in both segregated and integrated settings by a variety of national and international organizations. The momentum for such change is contributed to several reasons: †¢ One of the most important reason is the introduction and approval of a new law, which mandates not only free public education for all children, but most important integration of children with disabilities in schools settings. This law is consideredas a springboard for the recognition for all children’s rights to participate in physical education activities. †¢ A second reason, is beginning of 90’s the implementation of the program â€Å"Sports for All†, which is organized by the General Secretariat of Sports and implemented with the support of different municipalities within Greece. †¢ A third reason, is the mandatory exposure of all students of physical education in adapted physical activity course work during their core university studies. In this way they have the opportunity not only to be introduced, but also to become specialized later on this subject. This has considerably affected their attitude to teach integrated sports. †¢ A fourth reason is the organization of the Paralympic Games of 2004, which is considered one of the largest events in the world. Due to the magnitude of this event, Greece started to evaluate the current status of the movement for sports for the disabled people, as well as, begin to take important actions towards the best organization of the games.

Evolution of Roles and Societal Perspectives on Aging Essay

Evolution of Roles and Societal Perspectives on Aging - Essay Example Before the World War II there appeared many new theories on aging that have a quite different view on it. The role theory that was applied before the war time had the following critical elements: older people do not just waste there time - but get new experience and find new meaning in life. It also claims that the majority of aged people do not want to lessen their role’s significance. The proponents of this theory also claimed that roles become vaguer with aging. The post war period was signified with the new theory on aging – disengagement. It says that because of â€Å"inevitable declines with age, people become decreasingly involved with the outer world and become more interior in anticipation of death† (Bath 2003). This theory also explained the transition of power from the old to the young. The next theory to consider is the continuity theory. It claims that with aging a person works out some new patterns of behavior and the life satisfaction depends greatly on how these patterns correlate with the past experience. The hypothesis of the continuity theory is: central personality traits become more pronounced with age or they are retained without many changes (Moody, 2006). One can make a deduction here that those people age successfully who keep to their habitual roles in life. The modernization theory that appeared in the 80’s defines four elements that encourage economic development: urbanization, education, techological changes and development, and economic production growth. As a result of these four factors interwork the theory deducts that while in traditional societies the role of older people is still active, in modern societies they lose all the power and do not bring any advancement to it. Modernization brings about deterioration of small and cosy communities where older people played sagnificant role. Moreover, modernization adds to

Variations between England and Scotland Research Paper

Variations between England and Scotland - Research Paper Example Article 6 stipulates certain additional features, with regard to criminal cases, in the context of the right to a fair trial. For instance, the accused have to be informed straight away about the charges framed against them, and this has to be in the language that they can comprehend. Moreover, the accused have to be provided with adequate time and facilities to prepare their defense. In addition, they should be permitted to defend themselves in person or through a lawyer of their choice. In addition, the accused in criminal cases have to be provided with legal aid, when they are not in a position to afford legal representation. Furthermore, the accused should be permitted to call and question witnesses, in the same manner as the defense counsel. As such, it is incumbent upon the state to establish courts that provide a fair trial to all the accused. Moreover, the state has to ensure that no individual is punished, in the absence of a fair trial.The procedural protection provided by Article 6 ECHR becomes effective only when a criminal charge is framed against an individual. This protection remains in force until the sentence has been made or an appeal has been decided. All the same, the judicial procedure requirements of Article 6 do not encompass the pre-charge stage of prosecution. This is especially true of the criminal investigation.With regard to the Article 6 ECHR requirement, to conduct trials in criminal cases within the reasonable time, several cases are in existence.

I don't know the title yet, please advise Essay

I don't know the title yet, please advise - Essay Example re than any other element in that society, helped create a consciousness among Japanese of their history and identity and provided, and still provide, a context for an understanding of the aims and accomplishments of their culture. In addition, there is now a greater interest in traditional Japanese culture abroad than ever before. Art exhibition, touring theatrical groups, translations of traditional Japanese literature... This implies that the Japanese culture is one of the cultures in the world that is quite authentic. This is the main reason as to why I chose for my essay to analyze the Japanese craftsmanship. The craftsmanship itself has simplicity and pays attention to the rigorous details and furthermore the procedure and art of how the objects are made with. One of the main inspiration of the Japanese concept is from my visit to an exhibition that was held at Design Museum †Product Fitness 80† by Muji that was held in the last spring of 2012. In this exhibition I was inspired greatly by the main purpose of the exhibition which was to bring into focus the minimum usage of materials and energy in order to make various products. One of the eye catching products that I saw in this exhibition is the pottery that was assembled using Kintsugi technique. This technique uses old objects that are recycled in order to come up with a new product. This was common in the Edo period. With this in mind my paper will be split in to different sections in order to analyze the Japanese craftsmanship in a simple manner. The first section of the paper will be looking at the history of the Japanese craftsmanship briefly thereafter I shall look at different aspects of craftsmanship through a series of case studies being analyzed. According to Lonsdale (2008), the Japanese style has many strands that re made together in order to come with a modern style in the Japanese culture. Swann (1979) points out that the Japanese art is a subject that covers a wide array of styles and

Managing processes Essay Example | Topics and Well Written Essays - 1500 words

Managing processes - Essay Example Next this paper will perform an in-depth analysis of the contributing factors of the firm that has made it so successful in today’s climate. The origins of Primark are in Ireland in where in1969 the company was set up as ABF but traded as ‘Penneys’ (The Times, 2007). According to the company website by the end of 1971 there were twelve stores in Ireland and one additional store in Northern Ireland (Primark.co.uk 2009) However, it was not until the late 1990’s that the organization really started to reach its full potential as operating as Primark. The president of the company Arthur Ryan made a drastic decision to redirect the focus of ABF towards what would ultimately be the youth fashion market. It was in 1995 that Primark had a significant shift in the growth of their business with acquisition of the BHS One-Up discount chain of stores in the UK. It was from this new acquisition that, according to The Times (2007), Arthur Ryan (President of the company) became the driving force of the organsiation to continue to purchase a great deal of stock to drive down costs in an effort to be the cheapest merchants on every High street. At the moment according to Retail-Week.com (2005) Primark controls 2.5% but this trend is growing for the organization. Speaking of the ‘Value’ clothing market it has been further estimated that the market in the UK alone is worth  £6.4 billion (Retail-Week, 2005) and again this is a growing trend. According to McDougall writing for The Guardian, Primark has faced a number of allegations of unethical behavior in the last few years (2009). Earlier this year the firm was accused of paying illegal immigrants to make knitwear for the firm and stands accused of paying them just  £3.50 an hour which is under the national minimum wage. These allegations come after media accusations in 2008 that the firm was sourcing goods from textile mills in developing

IP3 performance aprasals Essay Example | Topics and Well Written Essays - 750 words

IP3 performance aprasals - Essay Example  Excellent  High  Good  Fair  Average  Mediocre  Poor  Bad  Low Comments: 3. Coaching Skill Coaching Skill for problem solving, training, developing, and improving performance of employees  Excellent  High  Good  Fair  Average  Mediocre  Poor  Bad  Low Comments: 4. Delegation and Supervisory Skill Delegation and Supervisory Skill signifies the responsibilities of subordinates; recognizes the abilities and skills of employees and assigns task accordingly; counsels and guides the employees in any situation and encourages them to perform effectively in an independent manner  Excellent  High  Good  Fair  Average  Mediocre  Poor  Bad  Low Comments: 5. Planning and Scheduling Skill Planning and Scheduling Skill requires systematical distribution of task among the employees and making available utilization of resources; planning the entire task before allocation and creating proper time schedule  Excellent  High  Good  Fair  Average  Mediocre  Poor  Low  Bad Comments: 2.0 Justification The five specific skills have been mentioned with respect to the front-line supervisor. These skills are significantly required by the supervisors for effective functioning in the workplace. The performance grading form has been prepared by considering the skills and responsibilities of supervisor. The main purpose of rating is to provide feedback to the supervisors regarding their performance so that they can be motivated and can improve their performance standard. The rating scale from 1 to 9 has been considered which ranges from excellent to bad. The individual performance standard can be appraised from this rating scale. As there was no performance appraisal technique in the organization, thus the employees were less motivated and had no positive attitude towards the work. The leadership skill is essential for a supervisor as it relates to the direction of the employees and to lead them in proper way so that they can achieve the goals of the organ ization. Thus, for this skill, 20% weight has been assigned. The planning and scheduling is also an important skill of supervisor. The supervisor is required to plan the entire task of the employees and make proper time schedule for each employee. The skill has been provided weight of 20% based on its importance. The communication skill is a significant factor for the supervisors but this skill is not as important as compared to other skills. The skill enables a supervisor to make good interpersonal communication so that the employees can understand the problems that arise in workplace and can provide effective solution against it (Blair, n.d.). A front-line supervisor needs excellent coaching skill in order to train the employees, develop their inner competencies, resolve their dilemma and help them to improve the performance. The coaching skill is provided 20% weightage because this skill is extremely significant for supervisor. Proper coaching to the employees will help them to e nhance their skills and can also help them to resolve all the dilemmas that may possibly take place in their life related to critical situations of workplace. This skill also improves the efficiency of supervisor for regular training and guiding to the