The History Of The Digital Citizenship Information Technology Essay

The History Of The Digital Citizenship Information Technology Essay A computerized resident is a device which helps educators, innovation pioneers and guardians to comprehend what understudies, youngsters, and innovation clients should know to utilize innovation the correct way and furthermore knowing about it. Advanced Citizenship is something other than a showing apparatus it is an approach to get ready innovation clients for a general public brimming with innovation. To be viewed as an advanced resident you should have any record of you being in contact with electronic gadgets on the planet. These individuals make web journals and utilize informal communities. Pursuing an email address is the initial step into turning into a citizenship for some individuals. The administration utilizes this apparatus a great deal to move and record its data; this is known as the e-government. Numerous legislatures that don't have this are a weakness to them since they can't arrange so well their significant data. There is additionally something many refer to as th e e-vote based system, it includes crusade sites on the web. Individuals who don't collaborate such a great amount with innovation tend be separated socially and not stayed up with the latest in our reality. For all intents and purposes being an advanced resident makes life much simpler. There are nine topics of advanced citizenship. One of these nine topics is computerized decorum. It is characterized as the norms of lead and strategy. Individuals must be instructed to be capable around there. Another subject is Digital proficiency. This is the way toward educating and finding out about innovation and the utilization of innovation. Schools have been doing an extraordinary part in this, yet at the same time a great deal must be finished. Students must be instructed on the best way to manage advanced society. Business, military, and medication are genuine instances of how innovation is being utilized in an unexpected way. Another subject of innovation is advanced correspondence. This is the electronic trade of information.à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ã‚ One of the noteworthy changes inside the computerized insurgency is a person㠢㠢‚⠬㠢„â ¢s capacity to speak with others. In the nineteenth century correspondence innovation was exceptionally restricted, yet by the twenty first century this helped up. The growing of correspondence innovation made a huge difference since individuals can keep visit correspondence with any other person, anyplace else. Despite the fact that individuals do need to be exceptionally mindful to whom they converse with on the grounds that there are a great deal of criminals and sexual stalkers. The fourth topic of computerized citizenship is advanced access. This is the full electronic cooperation in the public eye. Innovation clients should be alarm of web get to and furthermore bolster it. Individuals ought to have the option to have full access to innovation rega rdless of what their identity is. To turn out to be acceptable, gainful residents we should be focused on computerized get to. Another topic of computerized citizenship is advanced trade. This is the electronic purchasing and deals of merchandise. An enormous segment of the market economy is being held electronically. For instance like when individuals shop materials on the web. Tragically there are unlawful deals electronically, similar to the deals of erotic entertainment and betting. Our general public needs to figure out how to be viable purchasers in the new computerized economy. The 6th subject of advanced citizenship is computerized law. This is the electronic duty regarding activities and deeds. This deals with the morals of innovation in our general public. Untrustworthy use makes it a type of burglary and wrongdoing. This incorporates for instance taking different people㠢㠢‚⠬㠢„â ¢s data or personality. Hacking into stud and downloading unlawful music disregards the computerized law. The Seventh topic is computerized rights and obligations. This is the opportunities reached out to everybody in an advanced world. Much the same as how in the constitution there is a bill of rights, there is a lot of rights for each advanced resident too. Advanced residents reserve the privilege to free discourse, protection, etc. These rights point to duties too, individuals need to utilize innovation in the correct way and not damage these rights. In the advanced society these two must wire together in for everybody to be dynamic well. The eighth topic of resident boat is computerized wellbeing and health. This is the physical and physiological prosperity in an advanced innovation world. Eye wellbeing, tedious pressure disorder, and sound ergonomic practices are issues that we should know about in the mechanical world. Physiological issues are getting increasingly predominant, similar to web enslavement. The last topic of advanced citizenship is computerized security. This is the electronic insurances to ensure security. In the computerized network there are individuals who take and degenerate others. In this manner individuals ought to be cautious and not trust others in the computerized world. Like how we have bolts on our entryways and alerts for flames in our home, we must have the equivalent for our advanced world and have infection insurances, reinforcements of information, and flood control for our hardware. This is being a dependable advanced resident. Taking everything into account, individuals of our general public must connect all the more regularly with the computerized world. There are a great deal of advantages for utilizing it, however we generally must be cautious in the computerized network simply like how we are in the non-advanced network. Be the best advanced resident you can be. Work Cited Advanced Citizenship Resources for Educators. Web. 24 Aug. 2010. . Advanced Citizenship Education. Web. 24 Aug. 2010. . Advanced Citizenship. Web. 24 Aug. 2010. . Advanced Citizen. Wikipedia, the Free Encyclopedia. Web. 24 Aug. 2010. . Advanced Citizen. Wikipedia, the Free Encyclopedia. Web. 24 Aug. 2010. .

Jordan Surname Meaning and Origin

Jordan Surname Meaning and Origin The normal family name Jordanâ derived from the regular Christian baptismal name Jordan,â taken from the waterway by that name streaming between the nations of Jordan and Israel. Jordan derivesâ from the Hebrewâ ×™× ¨Ã—×ÿ (Yarden), which means to plunge or to stream down. Jordan is the 106th most regular last name in America as indicated by information from the 2000 U.S. enumeration. ​Surname Origin: English, French, German, Spanish, Hungarian Interchange Surname Spellings: Giordano (Italian), Jordann (Dutch), Jordn (Spanish), JORDÃÆ'O (Portuguese), JOURDAIN (French), GEORDAN, GERDAN, Giordan, Jordain, Jordaine, Jordanis, Jorden, Jordens, Jordin, Jourdaine, Jourdan, Jourdane, Jourden, Jurden, Jurdin, Jurdon, Siurdain, Yordan Acclaimed People With the Surname JORDAN Michael Jordan - NBA ball star.Barbara Jordan - social liberties extremist and U.S. Representative.Louis Jordan - saxophonist and vocalist. Family history Resources for the Surname JORDAN The Jordan family DNA venture comprises of individuals with the Jordan last name from the USA, Canada, and Europe committed to finding matches between members that empower them to accomplish their objectives in genealogical research.â Investigate the Jordan family lineage gathering at Genealogy.com for the Jordan last name to discover other people who may be looking into your predecessors, or pose your own inquiry about your Jordan progenitors. At FamilySearch.org you can discover records, questions, and heredity connected family trees posted for the Jordan last name and its variations.RootsWeb has a few free mailing records for specialists of the Jordan family name accessible through their site. DistantCousin.com is an extraordinary spot to get to free databases and parentage joins for the last name Jordan. References Cottle, Basil. Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967. Menk, Lars. A Dictionary of German Jewish Surnames. Avotaynu, 2005. Beider, Alexander. A Dictionary of Jewish Surnames from Galicia. Avotaynu, 2004. Hanks, Patrick and Flavia Hodges. A Dictionary of Surnames. Oxford University Press, 1989. Hanks, Patrick. Word reference of American Family Names. Oxford University Press, 2003. Smith, Elsdon C. American Surnames. Genealogical Publishing Company, 1997.

How to Structure Your Due Diligence during MA

How to Structure Your Due Diligence during MA The topic on MA â€" mergers and acquisition â€" sounds like a daunting one, especially for those who are encountering it for the first time. When they start to delve further into it and are met with other seemingly highly technical terms, they are even more intimidated. Certainly, MA is quite a complex process, and not something that everyone can understand easily.In this article, we hope to shed some light on one of the aspects of MA that many find confounding: Due Diligence. © Shutterstock.com | TashatuvangoYou will learn 1) what is due diligence and 2) how to structure a due diligence.DUE DILIGENCE IN MAOne of the first questions asked is, “what is due diligence?”Broadly speaking, due diligence is defined as the “assessment of the legal, financial and business risks that are often associated with a merger or an acquisition”. It is a thorough and painstaking look into a business, in order to get to know it inside out, and use the results of examination or assessment to make the final decision on whether to acquire the company or not.Role and Importance of Due DiligenceThat is the main reason why due diligence is deemed very important. It serves as a confirmation for buyers of the financials, contracts, and other pertinent information of selling companies. In other words, due diligence is especially vital for the acquiring companies, since it addresses the issue on whether acquiring the target company makes sense or they should look for another t arget altogether. For all intents and purposes, due diligence can be described as a ‘fact-finding’ activity that will enable acquirers to spot the targets that will give them their desired results and weed out those that have no potential at all.This should not be an entirely new concept at all. If we liken it to a simple transaction of purchasing an appliance, or even a house, the potential buyer will often insist on inspecting the goods or the property first before making a decision. Testing would often be involved, as well as looking into the specifications of the appliance. In the case of the house, the potential buyer will be inclined to insist on having home inspections done on the property first. It’s basically the same with MA transactions.What aspects of the target company are looked into in due diligence? Many definitions cover it in broad strokes, speaking about the process providing insights on the regulatory exposures of a company, as well as its potential financi al and legal exposures. But if we are going to look into it more deeply, due diligence can also provide a whole slew of valuable information including, but not limited to, the following:The structure of the company being targeted for acquisition;The flow of operations within the target company;The culture governing the organization of the target company;The current human resources in use by the target company;The relationships of the target company with its suppliers, customers and other partners;The competitive position of the target company; andThe goals and future outlook of the target company, be it short-term or long-term.Due diligence is required for the parties to seek validation on the proposed valuation of the MA deal. There are bound to be instances where, after due diligence has been conducted, the parties would agree or compromise on revised valuation, depending on the results of their fact-finding mission.Another reason why due diligence is important is that it will ser ve as an aid to management when it is time for the integration process to begin. Armed with the information and knowledge obtained through due diligence, the integration and transition can be facilitated and performed smoothly and seamlessly.It is also one way of preparing the combined business for its future operations. During due diligence, they will be informed of potential problems, issues or risks that they may face after the business combination. Having knowledge of these problems early on will aid them in coming up with preemptive actions and solutions.Ultimately, due diligence is conducted in order to minimize risks and maximize shareholder value in an MA transaction.Frequently Asked Questions on Due DiligenceHere are some of the frequently asked questions regarding due diligence.How long does it take to complete the due diligence process? It is to be noted that due diligence takes a lot of time, primarily because gathering and compiling all the relevant and pertinent inform ation is time-consuming. It could go from several days to even several months, depending on the speed with which the parties concerned work in compiling the information.Who performs due diligence?There are some who say that due diligence must be performed by the acquiring company; after all, they are the ones mulling over the probability of acquiring or purchasing a company. Others argue that it is the responsibility of the company being acquired, since they are the ones that are going to be marketed and sold.If we look at several definitions of due diligence, it would clearly appear that due diligence is a process that each of the parties undertake. This means that both the acquiring company and the target company are involved in the process.When does the due diligence process end?It ends when the transaction or the deal has been closed or abandoned. Throughout the period, you can expect the parties to be frequently and almost constantly requesting information gleaned from the revi ew.STRUCTURING DUE DILIGENCENow it is time to take a look at the main steps in due diligence. Many MA experts and authorities list down several steps, but we can simplify them into three major stages: Preparation, Execution, and Closure.Stage 1: PREPARATIONIn every process, preparation is very important. This is where you plan all the activities that will come later on. You will be laying the groundwork for the entire fact-gathering process.Due diligence officially starts when the two parties â€" the acquiring company and the target company â€" have reached an initial understanding regarding an MA deal. In many cases, it is when the two parties have signed a letter of intent, or LOI, regarding a possible merger or acquisition.Once this is done, you can get started.1. Set boundariesThere is a need for the parties to have an agreement, in black and white, on the confidentiality of the information to be gathered and compiled during due diligence. Often, the parties draw up non-disclosu re agreements, where they set the ground rules about the use and disclosure of any and all information, the scope and limitation of the review that will be conducted, and the extent of freedom of the employees or personnel of the parties when it comes to the exchange of sensitive information and other matters related to the deal.In the same vein, having a communication plan in place is also important. This plan should detail the external and internal communication layout, and indicate what should be said and who should say it. This is one way to clearly define the accountabilities of everyone involved.In the conduct of due diligence, confidential information and documents will be gathered. There is a need for a secure place to keep all these documents. Having a physical location is a good idea, but more and more companies are seeing the benefits of establishing online data rooms. They are more efficient and far cheaper than maintaining a physical data room â€" you have to spend mone y on utilities and maintenance, as well as the wages of people that will maintain and keep it secure â€" and they are also more readily accessible. The authorized people can log in any time they want, instead of waiting for specific hours when they can personally visit a physical data room to get the information they want.2. Form your due diligence teamDue diligence cannot be conducted by a single person. It is best performed by a team that is put together for the specific task of performing due diligence. When putting together your diligence team, make sure that:the team is composed of financial, business and legal professionals that are skilled and experienced in matters related to MA;the team members speak the same language, meaning that they should be able to communicate and interact with each other easily, even if they are experts in varying but complementary fields;the team should include the integration manager, or the person that will be tasked to manage the business immedia tely after merger or acquisition;Take note that there is no strict number on how many members should be in the team. Some companies prefer to keep the team small, since having a large team often ends up with them being uncoordinated.3. Outsource due diligence to professionalsThere is no rule against bringing in outside help. In fact, many recommend hiring outside experts, since they have the advantage of being objective and independent of the whole MA process. This is also highly advised if there is no one in your current lineup of personnel who have the skills, qualifications, expertise, or experience in MA, or in performing due diligence. Often, companies look towards banks, consultants, accounting firms and law firms for help.4. Prepare your due diligence teamYou have to get your due diligence up to speed, apprising them of the MA transaction in question, such as its features, structure and economics. This will allow them to plan their activities and structure the entire due dili gence process depending on what they thought must be prioritized first. If the MA is under strict time and resources constraints, it would be a good idea to let them know about it up front, so they can adjust accordingly.In this step, some companies prepare due diligence checklists, which are created depending on the risks that are associated with the target company.5. Prepare all the necessary requests for data and informationFinding the information is relatively easy enough; getting them for your use often poses the bigger challenge. You do not want your due diligence team to be wasting time and resources because they cannot get the information that they need. Therefore, you have to make sure that all data requests are prepared.At this point, the team should already know the potential sources of information, so they can prepare the data requests accordingly. For sure, they will not be limited to the company’s management and various departments, but also suppliers, distributors, and other regulatory firms or agencies that the target company is exposed to.Stage 2: EXECUTIONWhen all the preliminaries are in place, it is time to perform the due diligence tasks. This is where due diligence takes on the form of an audit, where the due diligence team collects the facts and thoroughly goes through every one of them in order to fully understand the ins and outs of the company.The Execution stage will have the due diligence team collecting the information, analyzing and evaluating them, and eventually sharing the results of their analysis or evaluation, as appropriate.Take note that all three must be conducted. The team cannot conduct a thorough and credible analysis if it does not have all the information required. Similarly, analysis and evaluation would be deemed useless if the results are not shared to anyone, especially the parties that require them for the decision-making process.Collection or gathering of documents is facilitated by the data requests prepared during Stage 1. These documents are then organized and distributed to the members of the due diligence team for review. The documents are kept in a data room, readily accessible by members of the team.During this stage, some of the areas or information looked into include the following:The target company’s organizational structureWho are the key employees, particularly the members of the management team?How is the performance of the management team?Which members of the organization are considered to create and contribute value the most?Which members of the organization should be retained, and which should be “laid off” after the integration?Presentation of the financial statements of the target companyDo they accurately reflect the financial condition â€" financial position, liquidity, solvency and profitability â€" of the company?Will the integration have potential impact on the company’s financial condition and, if so, what is the effect?Are the financial statements indic ative of an increase in the company’s profitability?The target company’s market and competitive outlookIs the outlook for the company’s competitive positioning positive?Does the company have the ability to keep its customer base and even increase or expand its reach?Risk exposure of the target companyAre there any significant regulatory or governance risks that the target company is currently facing, or will face in the future?Will the target company be likely facing risks of having liabilities after the integration?What is the likelihood that there will be unexpected risks, and will the company be able to handle these risks?The target company’s long-term sustainabilityWhat are the environmental factors that can affect the company’s operations (i.e. production process, supply and distribution chain, sourcing of raw materials)?What is the status of raw materials and direct labor availability, and what are their impacts on future operations?The culture that governs the targe t companyWhat corporate culture is currently at work in the target company? What national culture, in case of international MA? Are the cultures of the companies compatible?Are there potential culture clashes â€" both corporate and national â€" that can take place during integration? If so, what are they?Will any culture clash be easily overcome once integration happens?In the case of international MA, what cross-border transactions or challenges are likely to arise? Examples are legal and tax issues, differences in accounting bases, employment and labor laws, and environmental and topographical challenges.Take note that the review by the due diligence team may take a while, depending on several factors, such as the availability of the documents, the complexity of the underlying transactions, and the cooperation of all parties involved, to name a few.Stage 3: CLOSUREFinally, the review is over and the due diligence team were able to come up with their findings. Now it is time to dis close the results of the review to the management, who will then make the final decision.There are several possibilities or findings by the due diligence team.A “clean bill of health”. This means that they found nothing that would materially make the management NOT go through with the MA. It’s a go, and the team can immediately proceed to integration planning.There were several irregularities or risks. This could also mean that the review turned up several misrepresentations made by the management of the target company. In this case, the management can take any of the several actions:Continue with the integration as planned;Lower their bid for the target company, using the findings as a basis for revaluation;Request modifications of the findings and require warranties from the target company; orTweak the contract or purchase agreement to address potential damages that may incur in the future as a result of the misrepresentations.The results of the due diligence review are deta iled in a “due diligence memo”, which is created in order to organize, manage, and keep track of all the documents that have been reviewed by the members of the team. This is also where the findings or issues identified are indicated. Many MA transactions repeatedly refer to the contents of the due diligence memo when making important decisions.It is safe to say that a due diligence process for MA is successful if it reveals an all-encompassing, complete and accurate view of the company, by providing information that either confirms or contradicts the proposed valuation of the target company. If the results of due diligence is unable to give management a clear path towards making a decisive choice on whether to acquire a business or look for a better deal, then it is unsuccessful.

Essay on E-Commerce - Week 7 - 626 Words

Course: BUSN320 Assignment: Week 7 Assignment As the owner of an online surfing gear business, you periodically study the customer paths on your site. This week youve noticed a high percentage of customers abandoning their orders at checkout. Outline the possible reasons as well as how you would correct the problem. Have you ever gone online to checkout a website? And as you browsed through, you add things to your shopping cart as you go along. At the end you decide to go to your shopping cart and go through the process as if you were going to check out, you look at your total and decide to come back later. And that’s if you decide to purchase those items. I know for sure that I am guilt of that. When an online store sees†¦show more content†¦But there are ways that online stores can minimize shopping cart abandonment. They must ensure that their store is user friendly. During the shopping process always allow your customer to review the steps they have taking as well as the product at anytime (Tuttle, B., Sep 27, 2012). Using an online comparison tool is always a great thing. Ensure that your online shopping process is clear and easy to follow. You must keep a clear count of what you have in stock. This will allow the customer to purchase more than one item. Using ic ons of the product in the shopping cart is also a great way to let the customer see what they are purchasing when they are viewing their carts. Be clear on your return policy. You can also send reminders to your customer to let them know that they have items in their shopping cart. It is also a good idea not to empty the carts too soon. You want to try and keep them active for at least 60 days (Tuttle, B., Sep 27, 2012). References * Bustos, L. (Aug 10, 2012). Shopping Carts Abandonment Stats. http://www.getelastic.com/shopping-cart-abandonment-stats-infographic/ * Roggio, A. (Apr 24, 2012). 3 Tips for Managing Shopping Cart Abandonment. http://www.practicalecommerce.com/articles/3497-3-Tips-for-Managing-Shopping-Cart-Abandonment * Tuttle, B. (Sep 27, 2012). The Passive-Aggressive Way to Haggle Online: Abandon Your Shopping Cart.Show MoreRelatedDiscuss the Global Impact of E-Commerce on Society. Essay1207 Words   |  5 PagesP 2.2 Discuss the global impact of e-Commerce on society. 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Responsibilities And Responsibilities Of A Project Manager

A project manager has many responsibilities and roles in a project. For a project manager to be successful, they must first guarantee that in the project all the responsibilities are clearly set and understood by all team members. By guaranteeing that the responsibilities and roles are assigned within the project team, this will help to ensure that the project will run smooth, with everyone knowing their roles and responsibilities. By having a successful project manager it will then offer the procurement management the strategies and proper steps, so the managers can have a procurement plan. Without the proper building blocks for the foundation for the project management team, there may be a strategy, but no way of understanding how to deliver the results that are needed for the project. It is important to have management principles, in order to be able to make any business changes successful in the project. The role that a project management has in procurement and supply chain management are but not limited to; reduced operating costs, improved quality, simplified or change the processes and come up with an effective supplier chain management. Some of the challenges in these roles and responsibilities would be to drive value from the supply chain and procurement processes. This is extremely hard and challenging because, you first need to identify the areas that have cost savings and then reduce your operating processes to help reduce costs in your organization. If theShow MoreRelatedResponsibilities Of A Project Manager1728 Words   |  7 Pages Assessment Item- 2 Assignment -1 PROJECT MANAGEMENT BEST PRACTICES Read MoreThe Responsibility Of Being A Project Manager1390 Words   |  6 PagesTaking on the responsibility of being a project manager can be multidimensional and very demanding but rewarding at the end. 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Disaster Assessment and Recovery Plan Free Essays

In the given scenario, my establishment was badly damaged when the child of a customer left in a running vehicle; he accidentally shifted the car into forward, destroying the store’s main entrance causing enormous damages to my facility. Herewith is the disaster assessment and recovery plan for my business facility. In assessing the damage, I need to identify what areas have been damaged, what products were affected, how much its estimated cost, was the damaged area repairable, how much might it costs, were there anyone hurt, what kind treatment they need, and how much would be the overall cost of the damaged items and products, the facility, and the injured customers. We will write a custom essay sample on Disaster Assessment and Recovery Plan or any similar topic only for you Order Now Initial assessment shows the glass towards the front and left side area was broken due to the impact of the car. Many product items littered the floor and some in glass container were broken and two of the customers inside were hit by flying debris from the broken glass. The series of questions above could help determine not only the extent of the damages but also what course of actions are needed, and which one urgently needs attention. Obviously, the two customers who were hurt were the top priority as they urgently need to be brought to the hospital for treatment. Fortunately, the incident did not cause any problem on the power supply. However, there were some items that were broken and damaged including some frozen foods. Product items that were damaged or broken will be itemized and will be collected as part of data collection. In case the power supply was lost, all the perishable goods that could not be refrigerated will be considered damaged and will be charged to the owner of the car. After all the data is collected; it is time to evaluate these data to determine the exact overall costs of the incident. The recovery plan Based on the results of disaster assessment, I need to appoint somebody who has a wide organizational influence to prepare a business contingency plan project and to manage it. His task includes insuring cooperation from other concern departments to make sure the on going project is properly funded and to provide strategic direction for the business. He or she will act as the contingency planning coordinator, who is responsible for the successful completion of the project. I should then meet with him to define the scope of the project, the project timeline, and expectations. The repairs and completion of the project will take two weeks, which includes assessment of the overall cost of the damages. Next to this, the planning coordinator must select his team who will work with him. They should create the project plan to be implemented in managing the project and to execute this plan. He should oversee its implementation. When everything is done and the business is back to its previous form, I should keep the contingency manager and his team in my business not only as a token of appreciation but knowing they can do great in my business. To avoid this incident to happen again, I would include in the project the construction of parking lot situated opposite the store with hump and support beam on the immediate perimeter of the building. I will also hire security guard to man and check the parking lot area to avoid the occurrence of similar incidence. How to cite Disaster Assessment and Recovery Plan, Papers

Disaster Assessment and Recovery Plan Free Essays

In the given scenario, my establishment was badly damaged when the child of a customer left in a running vehicle; he accidentally shifted the car into forward, destroying the store’s main entrance causing enormous damages to my facility. Herewith is the disaster assessment and recovery plan for my business facility. In assessing the damage, I need to identify what areas have been damaged, what products were affected, how much its estimated cost, was the damaged area repairable, how much might it costs, were there anyone hurt, what kind treatment they need, and how much would be the overall cost of the damaged items and products, the facility, and the injured customers. We will write a custom essay sample on Disaster Assessment and Recovery Plan or any similar topic only for you Order Now Initial assessment shows the glass towards the front and left side area was broken due to the impact of the car. Many product items littered the floor and some in glass container were broken and two of the customers inside were hit by flying debris from the broken glass. The series of questions above could help determine not only the extent of the damages but also what course of actions are needed, and which one urgently needs attention. Obviously, the two customers who were hurt were the top priority as they urgently need to be brought to the hospital for treatment. Fortunately, the incident did not cause any problem on the power supply. However, there were some items that were broken and damaged including some frozen foods. Product items that were damaged or broken will be itemized and will be collected as part of data collection. In case the power supply was lost, all the perishable goods that could not be refrigerated will be considered damaged and will be charged to the owner of the car. After all the data is collected; it is time to evaluate these data to determine the exact overall costs of the incident. The recovery plan Based on the results of disaster assessment, I need to appoint somebody who has a wide organizational influence to prepare a business contingency plan project and to manage it. His task includes insuring cooperation from other concern departments to make sure the on going project is properly funded and to provide strategic direction for the business. He or she will act as the contingency planning coordinator, who is responsible for the successful completion of the project. I should then meet with him to define the scope of the project, the project timeline, and expectations. The repairs and completion of the project will take two weeks, which includes assessment of the overall cost of the damages. Next to this, the planning coordinator must select his team who will work with him. They should create the project plan to be implemented in managing the project and to execute this plan. He should oversee its implementation. When everything is done and the business is back to its previous form, I should keep the contingency manager and his team in my business not only as a token of appreciation but knowing they can do great in my business. To avoid this incident to happen again, I would include in the project the construction of parking lot situated opposite the store with hump and support beam on the immediate perimeter of the building. I will also hire security guard to man and check the parking lot area to avoid the occurrence of similar incidence. How to cite Disaster Assessment and Recovery Plan, Papers

Managing Performance Module for Performance -myassignmenthelp

Question: Discuss about theManaging Performance Module for Training and Performance. Answer: Introduction Most of the organizations have a traditional system of defined goals and objectives for its employees that are measured by their supervisors based on their contribution and achievements through annual reviews and assessments. This system can be termed as performance management or career development performance review program. Performance generally has no theory to define itself but has numerous approaches and models built on specific disciplinary perspectives (Guest, 1997). Performance management is a process considered as an important component in employees career development that incorporates regular face to face performance review meetings leading to performance appraisals and underperformance management that are aligned with organizations objectives(AHRI).It is strategic and operational process that should be managed holistically through HR strategic process with an aim to ensure employees contribute to business objectives (Scannell, and Gifford, 2017). According to Deming, perfo rmance review nourishes the short-term performance, annihilates long-term planning, builds fear, demolishes team-work and nourishes rivalry and politics. This research based essay will discuss Demings observations about performance management in current dateand how contemporary organizations have addressed its adverse outcomes. There will also be a discussion on HRM skills required to avoid these adverse actions,followed by the conclusion based on research and obeservations. Strategically, performance management process improves organizational performance through the performance development of its employees and teams by managing and understanding the performance within a framework ofestablishedshort and long term goals, organizationstandards and competency requirements.Under operational process, it is a system used by organizations for settingwork goals, regulate performance standards, assign and evaluate work, provide feedback The degree Demings observations about performance management are still true today. Deming observed several organization performances and outlined need for change to a group performance plan from individual performance plan. He suggested that focusing a group performance plan enabled an organization to improve productivity and quality (Deming, 1982). Deming outlined that a performance management systems should be based on; continuous improvement, employee empowerment, teamwork, prevention, customer focus and process management. He emphasized that these bases should be used in setting right goals, establishing performance measures, focus on issues and concentrating on right kind of criteria. Deming argues that organizations should change from quantitative analysis of an individual employee and short term organizational goals and instead focus on long term planning of goal to enhance productivity and quality. Organizations should not focus on short term profits because they reduce organization progress through minimizing investing, deferring maintenance, and cutting d own research. Demings acknowledges long term profits for their ability to improve productivity and quality in an organization. Deming outlined 14 points that can be used for long term profits in an organization. They include the following; purposing on improvement of the product, adopting a new philosophy, stopping dependence on inspections with an aim to achieve quality, avoiding rewarding in business based on price, constantly improving the system, instituting training on job, instituting leadership, driving out fear, breaking down barriers, eliminating target goals and slogans, eliminating work standards, eliminating barriers of workmanship pride, instituting programs of education and self improvement programs and enabling everybody in an organization to work toward transformation. Deming therefore emphasized on transformational leadership to managing performance in a workplace rather than individual quantitative monitoring and evaluation of an employee. Demings observations on performance management are still true today in many organizations. First, organizations still widely use quantitative performance measures. Organizations use annual or quarterly reviews to attribute individual employee performance. An employee is rated against the amount of returns to the organization that can be attributed to their performance. The quantitative performance measure is also used as a base of rewards of an employee. Deming noted that using quantitative performance measure in certain duration of time was a post mortem function of an employee performance plan. Secondly, organizations still have emphasis on individual performance. Organizations still focus on individual employee performance in the organization. Focusing on individuals in the organization discourages formation of effective groups in the workplace. Establishing of groups in the organization enables teamwork in the workplace. Todays organization emphasis on an individual mployee perfo rmance plan leads to unethical behaviors among employees. Employees engage in organizations politics and rivalry to in the process of maintaining their personal performance. Employees also rework in the organization that increase cost of production. Therefore, organizations emphasis on individual performance plan as observed by Deming is the cause of ineffective teamwork toward common organizational goals in todays organizations. Thirdly, todays organizations still have employees focusing on pleasing the management. There is an emphasis of employees showing their bosses what they have done to attain certain results. This phenomenon in the organization leads to less focus on customers needs which are core in continuous improvement of an organization (Kaplan et al., 2010). This observation shows that individuals in the organization work to meet managers requirements and get their approval. This leads to individual employee in the organization getting increased rewards. This results to organizations inability to meet customers needs through teamwork of all employees working on the same organizational mission (Langley et al., 2009). Fourth, there is emphasis on short term goals in todays organizations. Organizations focus on getting high returns in a short duration of time. This involves focus on short term financial gains of the organization. Organizations lack long term planning that is important to continuous improvement. The organizations therefore operate on wrong goals that are based on behavioral statements and in other cases opinionated questions. For instance the following phases are used; accepting responsibility, meeting deadlines, aptitude to learn, effective teams participation etc. This leads to organizations operating on goals that they do not understand their root causes. This setting of goals neither solves organizational problems nor improves performance in the organization. Lastly, todays organizations still mount fear to their employees. Employ ees are subjected to tight compulsory targets that they are required meet within a given period of time. Employees are also required to compensate to damages they cause in the workplace. Though, there has been increasing labor laws, employees still feel insecure in their tenure due to subjective performance measurement. This encourages excessive internal competition, unnecessary reworking, and unethical behaviors such as cheating in the workplace. Adverse outcomes and how they have been addressed in contemporary organisations Deming outlined several adverse outcomes that happen in organization when managing performance. The contemporary organization address adverse outcomes in the following ways; first, the issue of unethical behaviors in the workplace is addressed in four different ways. The organization enforces codes of conduct, establishes a protocol, empower employees, and continuously review codes of conducts. The codes of conduct enable employees to figure appropriate behavior when in an organization or confronted with a situation. The code of conduct elaborates the protocol that has to be followed to report unethical behavior. Organizations also empower employees to easily identify unethical behaviors or ethics violations in the workplace. Contemporary organizations have to consciously review the code of conducts to ensure values of the organizations are maintained to enable management shape the organizational culture. Second is excessive internal competition. This adverse outcome is as a result o f individual employee strives to independently please the management for promotions, incentives, or bonus. These adverse outcome leads to compromising of the organization products quality. This adverse outcome is addressed by establishing groups in the organization. Employees are allocated different groups. These groups work as a team towards a common defined goal. Employees are therefore required to work in collaboration to achieve a predetermined outcome. This reduces cases of unhealthy competition between employees and shifts the competition to teams. Competition as a team in an organization is commendable and enhances productivity of an organization. Collaboration also enhances sharing of organizational goals for the long term success of the organization. The third adverse outcome is fear in the organization. This adverse outcome is as a result of job insecurity due to inability to meet targets. Fear cause anxiety and leads to ineffectiveness of an employee (Gruman, and Saks, 20 11). The contemporary organizations empower employees to improve their performance and meet target. This involves continuous training to employees to enhance their ability to produce and meet set objectives by the management. This reduces anxiety from employees making them comfortable to work in the organization. The organizations also undertake assessment of the employees jobs to ensure that their skills and knowledge meet the tasks requirements. The fourth adverse outcome is organization system not getting to the root cause of the problems. This adverse outcome in organizations is as a result of not setting the right goals in the organization (Liao et al., 2009). The managers are immobile in the organization leading to a situation where they set goals in the process of developing performance plan with understanding what is happening in the workplace where employees are working in. These problems can be lack of skills, low morale, poor working conditions, or limited knowledge. Thes e problems can lead to ineffectiveness of an organization performance plan goals. The contemporary organizations are addressing this outcome by assessing employees skills and knowledge, setting of goals and getting ongoing feedback from employees (Dormann et al., 2013). This enables managers to move around the workplace and understand what is happen and problems that employees are having before setting a certain goal. Managers are therefore able to set goals that require teamwork to accomplish. This ensures that the set goals are attainable and enhance productivity and quality in the organization. Fifth, is nourishing of short term organizational performance. This advance outcome is as a result of organizations focusing on short term profits. Short term profits reduce the ability of the organization to perform in the future. Concentration on the short term performance for short term profits leads to organizations deferring maintenance and not investing on research for innovations an d invention in the organization (Clark, 2008). Short term performance therefore, inhibits the organizations ability by focusing on short term dividends and other returns. The contemporary organizations are addressing this by focusing on improving product quality and productivity. This ensures that the organization is not emphasizing on short term performance to have short term profit but rather investing in organizations productivity and quality of the products produced. The other adverse outcomes in the organization are rivalry and politics. Negative politics and continued rivalry lead to decreased employees morale and reduces job satisfaction. Bad rivalry in the organization causes emotional backlashes, backstabbing, rumors fictions by employees to defend their wounded self image. This leads to general bitterness, unhappiness, and frustrations in the workplace. These outcomes are addressed by contemporary organizations instituting good leadership that is able to monitor and direct employees actions towards a certain objectives. Leadership in this case involves closely monitoring to understand what is happening in the workplace and influencing actions to achieve the organization goals. Last it the demolishment of teamwork in the organization. This adverse outcome in performance management is as a result of individual performance plan. Organizations prepare individual performance plan where an employee is evaluated on specific goals. This demolishes teamwork in the organization since the action of one employee does not affect other colleagues. This situation reduces the ability of the organization to collaborate and deliver on common goals. This adversely affects the productivity and quality of the organizations products. The contemporary organizations are addressing demolishment of teamwork in the organization by putting everybody to work towards accomplishing transformation. The organizations work to break barriers that break down in different departments an d groups. The organizations also prepare group performance plan rather than individual performance plan. This enables employees to work as a team and be evaluated as a group that enhance collaboration and teamwork in the organization (Chen, and Huang, 2009). Conclusion From the research in this essay, Deming approach to performance management is still relevant to todays organizations. Demings finding can be applied to todays performance management by change of philosophy, leadership, and means of measuring success. Demings view that performance review leads organizations to nourish short term performance, demolish teamwork, build fear, destroys long term planning of the organization is true. Subjecting employees to individual performance review leads to unethical behaviors, excessive internal competition, rivalry, and politics. Performance review to an individual employee causes adverse outcomes on employee performance in the organization. Contemporary organizations should set the right goals, use the right measures, and concentrate on the right criteria when planning and implementing organizational performance review in the organization. Therefore, it can be concluded that performance review to an individual has adverse outcome while it commendabl e to groups because it enhances teamwork and enables the o0rganization to focus on improving productivity and quality. References Chen, C.J. and Huang, J.W., (2009). Strategic human resource practices and innovation performanceThe mediating role of knowledge management capacity. Journal of business research, 62(1), pp.104-114. Clark, R.C., 2008. Building expertise: Cognitive methods for training and performance improvement. John Wiley Sons. Chikkerur, S., Sundaram, V., Reisslein, M. and Karam, L.J., 2011. Objective video quality assessment methods: A classification, review, and performance comparison. IEEE transactions on broadcasting, 57(2), pp.165-182. Deming, W.E. and Edwards, D.W., (1982). Quality, productivity, and competitive position (Vol. 183). Cambridge, MA: Massachusetts Institute of Technology, Center for advanced engineering study. Dormann, C.F., Elith, J., Bacher, S., Buchmann, C., Carl, G., Carr, G., Marquz, J.R.G., Gruber, B., Lafourcade, B., Leito, P.J. and Mnkemller, T., (2013). Collinearity: a review of methods to deal with it and a simulation study evaluating their performance. Ecography, 36(1), pp.27-46. Guest, D.E., (1997). Human resource management and performance: still searching for some answers. Human resource management journal, 21(1), pp.3-13. Gruman, J.A. and Saks, A.M., (2011). Performance management and employee engagement. Human Resource Management Review, 21(2), pp.123-136. Kaplan, H.C., Brady, P.W., Dritz, M.C., Hooper, D.K., Linam, W., Froehle, C.M. and Margolis, P., (2010). The influence of context on quality improvement success in health care: a systematic review of the literature. The Milbank quarterly, 88(4), pp.500-559. Langley, G.J., Moen, R.D., Nolan, K.M., Nolan, T.W., Norman, C.L. and Provost, L.P., (2009). The improvement guide: a practical approach to enhancing organizational performance. John Wiley Sons. Liao, H., Toya, K., Lepak, D.P. and Hong, Y., (2009). Do they see eye to eye? Management and employee perspectives of high-performance work systems and influence processes on service quality. Journal of Applied Psychology, 94(2), p.371. Scannell, L. and Gifford, R., (2017). Place attachment enhances psychological need satisfaction. Environment and Behavior, 49(4), pp.359-389.

Alienation and Reification of Hunter essays

Alienation and Reification of Hunter essays There are endless crossroads in the human life, and the ability to distinguish these crossroads relies on ones ability to relinquish any preconceptions of the meaning of life. These crossroads embody what sociological critics for centuries have referred to as alienation and reification. They deem the twin theories are the essence of our individual universes. They interpret the abyss humans deem from their legitimate sense of self. Every human at one divergence in their life has loss the path they were intended to take, thus becoming alienated. This is because society unduly influences humanity into assuming materialism, is the preeminent necessity to strive for, thus experiencing reification. Sociological critics find alienation and reification as important concepts in understanding literature and films. An excellent way to illustrate how important these theories are is to apply them to the story of one man who faced and overcame them. The man I refer to is Hunter Adams, and the movi e based on his life is Patch Adam. In the beginning of the film, Hunter interprets his feelings of alienation when he states, the storm was in my mind, or as the poet Dante put it, in the middle of the journey of my life I found myself in the dark woods for I had lost the right path. Eventually, I would find the right path, but in the most unlikely place (Patch). Hunter committed himself to a mental institution for suicidal tendencies. Ashley Montagu would say, Patch was attempting to understand how in evading the demands of evolution, he had gone astray, then he would give up his present course and join the general mass of humanity (80). During his institutionalization, Hunter found himself coming out of solitude do to the peculiar characters that encircled him. Arthur Mendleson, a fellow patient enlightened Hunter that; if you focus on the problem you cant see the solution. You hav...

MArs polar Landing essays

MArs polar Landing essays A momentous occasion has been bestowed upon us. The Mars Polar Lander will try to reach its destination of Mars southern polar ice cap. The Lander was presumed to touch down on Friday December 3, 1999. It was launched from Cape Canaveral Air Force Station Space Launch Complex 17 on January 3, 1999 and hopefully it has finally reached the surfaces of Mars. This mission is worth $327.6 million total for both orbiter and Lander (not including Deep Space 2). Those figures come from $193.1 million for spacecraft development, $91.7 million for launch, and $42.8 million for mission operations. March 1, 2000 is the anticipated end of the Primary Mission. This truly a feat of humankind to explore and decipher the landscape of the red planet. Why would we consider tampering with the planet in the first place? a lot of people would ask. Some of these reasons are pretty obvious. It all started in the late 1870s, when Giovanni Schiaparelli viewed what seemed to be canals. These canals started fr om each respectable pole and seemed as if these canals transported water to various areas of the planet. This observation sparked more exploration. Although, with the limited resources back then, there was not much they could do. Times have changed and with the available technology, the feat is possible. Exploration has expanded, and we have learned various new things about the planet. Many missions have went to Mars and explored since the first fascination with this planet and more is still to learn. Hence the purpose of the mission that is upon us. Another reason for the exploration is that Mars is the next most inhabitable planet, next to the earth, in the Solar System. We wonder if that in a couple of year that we can live there. But all that is in the far future. The Landscape of Mars is rather treacherous, learned from previous missions. The polar regions of Mars are sometimes cold enough to freeze carbon diox ...

Competitive and Strategic Analysis Assignment Example | Topics and Well Written Essays - 1500 words

Competitive and Strategic Analysis - Assignment Example Corporate strategy: Corporate strategy on the other hand is the overall and general scope as well as the direction that a corporation takes in relation to its activities in the various departments. It is not specific, but gives a glimpse and idea on how all the operations of the various departments contribute to the general good performance of the corporation. Business strategy: Business strategy refers to the choices and decisions made in a company or corporation to realize a long-term value while at the same time achieving the desired objectives of the company or the corporation in question. It is the means of maximizing the outcome in a companys production system or in realizing the maximum profit from a company. At Best Buy, the functional strategy is vital in the marketing department because it is in this operational department that the customers will be able to familiarize themselves with the company and get to purchase the products. Any strategy put in place in this department is important because it affects the entire business outcome of the company. Marketing thus is the functional division of this company that is useful as the company does not produce its own electronics fully and yet it is a retailer competing with thousands of other retailers. Packaging the marketing team with the right and consistent information will thus affect the entire outcome of the company and affects all other departments. The function essential to the goal of 2014, which is expanding the number of stores, is proper marketing in the new zones of operation. The marketing strategy should be so that it captures the tiny little details and appeals to customers all across the boards as it redefines Best Buy as th e best brand in the market. The marketing team should advertise the company as the best brand available in the market and at the same time gives customers the incentives necessary to have the goods and electrical items from the

New Venture Development Business Plan Essay Example | Topics and Well Written Essays - 4500 words

New Venture Development Business Plan - Essay Example It is a private company incorporated in Hong Kong. There is a shift towards consumption of organic foods in China, especially in Hong Kong city because of extensive campaigns urging people to embrace organic products. Increasing population, high number of food poisoning scares as well as need for healthy eating is driving demand of organic vegetables and fruits to the roof in Hong Kong. Therefore, organic products markets is growing rapidly and is promising higher returns to investors. The business is a limited private company owned by a single person. The owner of the company contributed HK$106,000 and borrowed HK$60,000 to finance start-up and part of the working capital. Table of Contents 4.4 Regulatory requirements 8 4.5 Industry challengers 9 5.0 Customer 9 5.1 Understanding the customer 9 5.2 Target customer profile 10 6.0 Competition 10 6.1 Competitor Analysis 10 6.1.1 Direct Competitors 11 6.1.2 Indirect Competitors 11 6.2 Competitive analysis 11 6.2.1 Competitive Advantages 11 6.3 Entry and Growth Strategy 12 7.1 Objectives 13 7.5 The Product 14 8.1 Overview 15 8.2 Pricing strategy 15 8.3 Sales Tactics 16 8.4 Advertising and Promotion 16 8.5 Marketing Communications Strategy 16 9.0 Operations Plan 17 10.2 Personnel Plan 19 11.1 Start-up Summary 20 11.3 Breakeven analysis 21 11.4 Balance Sheet 21 11.5 Income Statement 21 11.6 Cash Flows 21 13.0 References 23 14.0 Appendixes 24 1.0 Introduction The organic vegetable and fruit market has been growing steadily in Hong Kong. This is because disposable income of people in China, especially Hong Kong is steadily increasing. In addition, in recent years, there have been incidences of food poisoning caused by chemical components in food and more people are shying away from chemically processed food. They are becoming more health conscious and are spending thousands of dollars to purchase organic products, especially food. Therefore, the market segment for organic vegetables and fruits is promising. 2.0 The orga nic vegetable concept After working in a grocery shop for over one year, Tim Chan discovered that most consumers in Hong Kong were turning to organic foods especially vegetables and fruits because they were consumed on daily basis. This is because of rising concerns of food poisoning and danger posed by processed and non-organic food to people’s health as informed by the media and health care practitioners. Four in every eighty consumers who visited the food store where Tim Chan worked asked for organic fruits and vegetables. Therefore, Tim Chan identified a growing opportunity to run an organic food store that specialized in vegetables and fruits sourced locally and from western countries. 3.0 Opportunity Rational China is one of the fast growing and lucrative markets in the world with a huge business promise to thirsty entrepreneurs and business persons. As disposable income increases in urban China, people are more preoccupied with higher standard of living and are turning to organic products, especially food to achieve better health status. China’s Urban and rural population spent between 37.9% and 43.7% of their disposable income on food (Lu ,2010). The market for organic food is big and unquenchable. According to (NTZE 2010), the supply of organic foods in China, especially Hong Kong is very low and there is need to increase supply. In addition, food and grocery market segment is expected to grow by 6.6% and 6.1% in 2011 and 2012 respectively. High demand for organic frui

Causes and Effects of Inflation

Causes and Effects of Inflation Inflation is an increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand (Webster, 1983). Inflation is a rate which there is a continuous rise in price of goods and services in a country over a period of time. It is happen when there are too much money in the economy chasing after too few goods. The symptoms of the inflation are when all the price of goods and services keep rising and when the currency value in the country start falling. When inflation happen, the purchasing power of people will start falling. The price of goods and services are too high, so people start buying less and consume less. Every country hope to achieve a low inflation rate but it is not a easy job to realize it. It is same goes to India. India is a country in South Asia. There are about over 1.2 millions of people in India. In 2011 and 2012, India has a high inflation rate in the country. According to the chart ( Appendix 1), in 2011, there is a almost 10% of inflation rate for the year. It is consider as quite high rate of inflation. In 2012, the inflation rate has fall compare to 2011. It is between 6.87% to 8.07%, it is still a high inflation rate. 2.0 Causes of Inflation 2.1 Demand pull inflation One of the causes of inflation are the population and the demand is rising, the population is 1.22 millions of people in India. When there are too large number of people, the demands of goods and services increases and the goods and services may not enough to supply the people, therefore the price is going up, thus cause the inflation. 2.2 Import cost push inflation The import cost of goods and services also push the inflation rate to rise. It is because more import than export in the country. When India is reliant on importation of some goods and services from other country, India has to pay all the import costs even if the import costs is too high. Paying import costs also made the money of India keep flowing out from the country, so inflation happen. 2.3 Excessive money supply. When there are too much money flow in the market, it causes money supply in the market become excessive. It is happen when the stage of boom, people have too much money in hand, so the consumption is increased. 2.4 Expectation Expectation is occurred when the price of goods and services are expected to rise in the market. Sometimes, it also happen when the neighbour countries are facing the inflation and rising of goods and services. When the price of goods and services become high, inflationm occurs. 3.0 Argument Although import costs can push inflation, but it doesnt influence much in India. This is because there are many foreign investment or many foreign investors like to open business or build factories in India due to low cost of labour forces and large numbers of labour forces especially in cars manufacturing industry such as Toyota, Bentley, and others are having factories at India. Therefore, the government of India would not need to import so much cars from others countries. There are enough supply of cars in India. Therefore, the government of India can cut down some costs on importation. 4.0 Impact 4.1 Weakening of currency value. The currency use in Indian is Rupee. Currency value can be says as the exchange rate or the money is cheaper or more expensive compare with others countries.The exchange rate of Indian Rupee (INR) to United State Dollar (USD) 2012 December is about 54.4900 rupee to 1 dollar (Appendix 2). In 2011 December, the exchange rate is about 53.0100 rupee to 1 dollar (Appendix 3). This show the currency value of rupee is still weakening since last year. When the currency is weak, it does not have any value. Indian people will not like to hold the money in hand. When the people spend the money, the inflation rate will rise. This is because many people want to spend the money but they have to chase after too few goods. When this happen, the price of goods and services will definitely rising. The price of goods and services are so high but the currency value is dropping. This results to the money printed is getting larger. For example, in Indian, there are 1000 rupee (Appendix 5) to be printed wh ile Malysia only has RM 100. 4.2 Falling of purchasing power. Due to continuous price ricing of goods and services, people in Indian has no money to consume the goods and services. Looking at the Consumer Price Index (CPI) at appendix 4, the price of goods and services and ricing for every year. It is getting harder and harder for people to spend or consume on goods and services. For examples, the vegetable being sold on the city of India is about 50 rupee to 55 rupee per kilogram and 20 rupee for the tomato. Therefore, people buy less than before. 4.3 Draw away foreign investment. Since the inflation happen in India, the foreign investors does not want to operate the business and factory or even invest anything at India. The foreign investors want to invest in a safe condition such as less fluctuation in currency value and more stable on the price of goods and services. The foreign investors want to gain profits or revenue through their investment. If inflation happen, it is hard to ensure the investment bring any profits or revenue for them. When the foreign investment is being drew away, there are less economic growth in India. The job opportunity also decrease and lead to high unemployment rate. 4.4 Cost of living increases. When the price of goods and services are too high, the cost of living will also increases. There are some neccessity good which every family need it. There are no way to avoid from consuming these goods such as toilet tissue, detergent and others. The price of these goods will also rise. Since it is necessary to every family, although the price is high, people will still buy and consume it. This make the cost of living increases. 4.5 Unemployment rate increases. When there is an inflation, the business has to cut down the operational and manufacturing cost as much as possible to cover up the high cost of the resources. When this happen, it will lead to unemployment. The business will cut down down some labour force. Many people will lost the jobs. Therefore, the unemployment rate will increases. In December 2011, India has about 9.4% of unemployment (Appendix 6). It is consider as a very high figure. It is also causes by when the foreign investors close up the business due to inflation. It make many workers lost the jobs. 4.6 Slow economic growth. When inflation happen, the economic growth will be slow. It is because many of the business cannot be expand or even become smaller during this period due to the high cost of the resources and low currency value. Business has no any extra money to boost the economic growth and some even cannot stand with the high price of raw materials and decide to close up part of the business. Therefore, the economic growth will slow down. The economic growth in India 4.7 Argument Although draw away the foreign investors is one of the impacts which cause by inflation, but it is not obvious in India. It is because the labor forces are very cheap in India. Therefore, many investors still willing to invest in India but they usually invest in the business which exports the goods to other neighbour countries in India and only a little goods to sell at India. For example, some graduates who are Pavan and his classmates are being offered average annual salaries of $7,000 (Â £4,370), about 15% lower than similar graduates were getting a year ago (Logita Limaya,2012). 4.0 Efforts taken by Government 4.1 Government encourages to reduce interest rate to boost economic growth. Government of India want to reduce the interest rate which is the interest rate or the borrowing cost to boost the economy growth. The Reserve Bank India (RBI) kept interest rates on hold, ignoring government pressure to reduce borrowing costs, but said it was shifting its focus towards boosting a flagging economy, raising the odds of a rate cut as early as January (SuvashreeDey Choudhury and AradhanaAravindan, 2012). If the interest rate can be reduced, business will have more capital by borrowing the money from the bank to expand the business. Thus, it helps to boost the economic growth. 4.2 Increase the government income and boost economic growth by exporting more cars. Government wants to increase the number of export on cars. The cars are mostly exported to Sri Lanka. It is hard to increase the exportation because the import tariff of Sri Lanka. Government is negotiating with Sri Lanka by asking them to bring down the import tariff. If the negotiation is successful, the exportation can be increase. When exportation increases, it means there is more job opportunity for the labor forces in India and the unemployment rate can be decreases. The economics of India will also grow up and more income can be generated by the government. 4.3 Open market operation Open market operation is central bank of India selling or buying bonds, securities, treasury bills and others during inflation. It is to reduce the money flow in the economic so the consumption will be less and inflation rate can be reduces. In Jan 2012, Reserve Bank India (RBI) is open for more open market operation. The government of India and the Reserve Bank India has decided to have more open market operation to reduce the high inflation rate in India by selling the bones, securities or treasury bills to the people. We are open to more open market operations if the liquidity issue needs to be addressed. The cut in CRR (cash reserve ratio) is purely a liquidity measure. It has put in Rs.32, 000crore, SubirGokarn, deputy governor of Reserve Bank of India (Business, 2012). The example of open market operation done in India is selling government securities (Appendix 7). 5.0 Recommendation 5.1 Control over the formation of monopoly firm. To reduce the inflation rate, government can control the formation of monopoly firms. In India, there are many monopoly firms which are being formed. For examples, Hindustan Aeronautics Limited (HAL) is monopoly over the production of aircraft, Indian Railway has monopoly on the railway transportation, State Electricity Board has monopoly in the field of electricity in many state and others. Every government does not like the formation of monopoly firms. It is because when there is not other company to compete against these firms, the quality of services or goods will not be improve and the monopoly firms can always increase the price of goods and services as they like. Therefore, government can encourage more firms or companies to set up or compete by borrowing them some loans with conditions. 5.2 Government can provide subsidies on some goods and services. The prices of goods and services are very high during inflation. People will suffer in paying these goods and services. Therefore, government can make some policy and try to provide subsidies on some price of goods so that people is able to consume it such as sugar, petrol, diesel and others by providing some subsidies. This will help the people so that their living cost can be decreases. 5.3 Government can set the minimum price for imported goods and maximum price for local goods and services. People like to consume foreign goods or imported goods rather than local goods. It is because imported goods are more branded in the international level. By setting up the maximum price for local goods and services, it may helps the local manufacturer to attract the customers and increase their profits, thus, the income level of the people can be also increases. If the government set the minimum price for the imported goods, less people may buy or consume the imported goods and more people will try and consume the local goods. This may lead to higher economic growth in India. For examples, government can set the minimum price for imported goods like car, electronic device and others while government can set the maximum price for local goods such as daily products, food and others. 7.0 Conclusion During inflation, currency value is very low and all goods and services are having chain reaction. People will suffer on it and standard of living is dropping. It is hard to decrease the inflation rate in a country and the damage cause is hard to recovery. This is why every country wants to achieve the minimum inflation rate. In India, Inflation has made the currency value which is rupee to be weaker. The government is not willing to look at this and try to decrease the inflation rate. If the inflation rate continues to rise, the currency value will continue to drop and it may become almost worthless. Purchasing power also affected by the inflation. People will have less purchasing power if the inflation rate is high. Besides, inflation also draws away the foreign investors. This makes the economy of India to be slowing down. The cost of living in India also increases. Since the prices of goods and services are rising, people of India have no choice but to spend more money on buying these goods and services. Unemployment rate also increases. It is happened when business is cutting down the cost by firing workers or the business is closing up, people lose the jobs. Government of India has made some effort on controlling the inflation rate to avoid it to increase and even targeting to decrease it. Government has encouraged the Reserve Bank of India (RBI) to reduce the policy rate which is the interest rate to boost the economic growth. It is to lend the loans for business to be expanded. Moreover, government of India is negotiating with Sri Langka to bring down the cars import tariff so India can export more cars to increase the exportation and government revenue. Government of India and Reserve Bank of India also sells bones, securities, treasury bills and others to reduce the money flow in the economy. When people hold the money in hand, the money will be use or buy things and it makes the inflation more worst. When government has this open market operation, the money will go into bank and no flowing in the economy. It helps to reduce the inflation rate. In conclusion, there are more strategies or policies can government of India plan to reduce the inflation rate. Government can control over the formation of monopoly firm. If it is successful, there are no ways to let this firm to raise the price as they like. Government also can set a fixed price for some of goods and services by providing some subsidies. It helps to decrease the burden which people have during inflation. Government can set the minimum price for imported goods and maximum price for local goods and services to attract more people on buying the local goods and services. 6.0 Appendix Appendix 1 Figure 6.1 India Inflation Rate Appendix 2 Figure 6.2 India Exchange Rate (Monthly) Appendix 3 Figure 6.3 India Exchange Rate (Yearly) Appendix 4 Figure 6.4 India Consumer Price Index (CPI) Appendix 5 Figure 6.5 India Printed Money Appendix 6 C:UsersuserDesktopindexmundi_ex74.jpgFigure 6.6 Unemployment Rate Appendix 7 Yield based auction of a new security Maturity Date: September 8, 2018 Coupon: It is determined in the auction (8.22% as shown in the illustration below) Auction date: September 5, 2008 Auction settlement date: September 8, 2008* Notified Amount: Rs.1000 crore * September 6 and 7 being holidays, settlement is done on September 8, 2008 under T+1 cycle. Figure 6.7 Indias Securities Coupon

The Effects Of Aids On South African Sport :: essays research papers

Mr President, Mrs Hummel, Mrs Green, Ladies and Gentlemen By 2010 one in every two 15 year old South Africans will be HIV positive†¦ An alarming fact, which will have devastating impacts on all aspects of South African life. The statistics for HIV in SA, no matter how they are presented are frightening. Currently in SA 4,2 Million people are HIV positive, that is a tenth of our population, more than any other country in the world. As AIDS is a very contentious issue at the moment in our country. I am sure you have all heard plenty on the topic of AIDS. So I am focusing my speech this evening on a different aspect on AIDS, but one that is very important, that of the effects of AIDS on Sport in South Africa, now and in the future We are a country very passionate about sport, and AIDS will greatly effect our sport, and will raise many a question, such as, What are the risks of blood-to-blood contraction? Are our Sporting first aid facilities adequate? And what actions have and will be taken by Sporting governing bodies such as SARFU? 2000 was a bad year for sport in SA in general, The Hansie Cronje scandal, a failed world cup soccer bid, disappointing Springbok performances, the sacking of Nick Mallet and to cap it all off, A Gold-less Sydney Olympic Games. Can you imagine in 10 years time, when only half our 15 year olds can play sport†¦ imagine a half strength springbok team taking on the might of an all black side, or a half strength cricket team, battling it out at the world cup, with the likes of Australia. At the moment SA is one of the superpowers of African and World sport, containing many key components to ensure lasting successes on the sports fields of the world. Our population is large and diverse enough to ensure large numbers of elite sportsmen and women proceed through the ranks, to superstar status. Our wonderful climate allows for all-year round participation. All these ingredients have allowed SA to achieve sporting excellence, and the potential for even greater things is huge. Yet the threat posed by AIDS is a formidable obstacle in the development of SA sport and will surely hinder the progress. It is estimated that by 2010, the life expectancy of South Africans will have dropped to a mere 40 years. This not only means less doctors, lawyers and teachers, but also a decline in sportsmen and women, sports psychologists, nutritionists and administrators.

Vikram Seth

Vikram Seth Vikram Seth is a famous Indian poet, novelist, travel writer, librettist, children’s writer, biographer and memoirist. He was born on June 20, 1952 in Calcutta, now known as Kolkata. His father, Prem Seth, was an employee of the Bata India Limited shoe company. His mother was the first woman judge of the Delhi High Court, as well as the first woman to become Chief Justice of a state High Court, known as Shimla High Court. His childhood was spent in the town of Batanagar near Calcutta, Patna, and London. He has a younger brother, Shantum, and a younger sister, Aradhana. Seth admits that some of the fictional characters in his novels are â€Å"drawn from real life,† in comparison to his parents and siblings. Although discreet at times, he is not secretive about his personal life. He admits that the â€Å"I† in many of his poems is in reference to himself. His poems are addressed to both male and female objects. â€Å"Some men like Jack and some like Jill†¦What is my status? Stray? Or Great? are quotes taken from the poem Dubious, which shows him being open about his sexuality. He attended The Doon School in Dehadrun, where he admits to his â€Å"terrible feeling of loneliness and isolation,† during his studies. He also attended Oxford University, where he took his undergraduate degree in philosophy, politics, and economics. He was enrolled at Stanford University, as well as Nanjing University for his intended doctoral dissertation on Chinese population plann ing. â€Å"The Golden Gate† (1986), was his first novel. He has written a travelogue â€Å"From Heaven Lake: Travels Through Sinkiang and Tibet† (1983). His works in poetry include All You Who Sleep Tonight (1990). He has also written a story book for children Beastly Tales from Here and There (1992). His acclaimed epic of Indian life, A Suitable Boy (1993), won the WH Smith Literary Award and the Commonwealth Writers Prize (Overall Winner, Best Book). A Suitable Boy is the story of several Indian families-the Kapoors, Mehras, Chatterjis and Khans, whose paths intersect continually over a period of about a year. It never strays far from the subject of love and marriage–indeed, the book both begins and ends with weddings. Set in India in the early 1950s , which has only recently gained its independence from the British. A young girl by the name of Lata Mehra is the second daughter in her family. Her widowed mother, Rupa Mehra, is determined to find a â€Å"suitable boy† for her daughter. The book opens at Savita, Lata’s elder sister, and Pran Kapoor's wedding, where Lata decides that she does not want an arranged marriage like her sister. As the year passes three suitors come into Lata's life. Of the three, a handsome Muslim classmate and the self-made business man her mother wants for her. Lata is a rebellious kind of girl who is already in love with a Muslim boy. The novel shows a conflict between Hindus and Muslims in the fictional city of Brahmpur, where the story is primarily set. One of the main aims of the novel is to infuse the spirit of religious tolerance among the Hindus and Muslims. Family drama and Indian history unfold around her: Savita and Pran begin domestic life together and start their family. Life changes for Maan, Pran's brother, when he falls for a girl from an unsuitable family. The story also surrounds a fight that Lata’s brother has in Calcutta. The story delves into the normal and day to day routine life activities of India in 1951-52. Seth creates a compelling tale revolving around these four families and their love, hatred, sadness, daily chores, and lives in the times of a crisis. It shows a society that is a mix of different cultures, communities, and castes undergoing a change. Vikram Seth Vikram Seth Vikram Seth is a famous Indian poet, novelist, travel writer, librettist, children’s writer, biographer and memoirist. He was born on June 20, 1952 in Calcutta, now known as Kolkata. His father, Prem Seth, was an employee of the Bata India Limited shoe company. His mother was the first woman judge of the Delhi High Court, as well as the first woman to become Chief Justice of a state High Court, known as Shimla High Court. His childhood was spent in the town of Batanagar near Calcutta, Patna, and London. He has a younger brother, Shantum, and a younger sister, Aradhana. Seth admits that some of the fictional characters in his novels are â€Å"drawn from real life,† in comparison to his parents and siblings. Although discreet at times, he is not secretive about his personal life. He admits that the â€Å"I† in many of his poems is in reference to himself. His poems are addressed to both male and female objects. â€Å"Some men like Jack and some like Jill†¦What is my status? Stray? Or Great? are quotes taken from the poem Dubious, which shows him being open about his sexuality. He attended The Doon School in Dehadrun, where he admits to his â€Å"terrible feeling of loneliness and isolation,† during his studies. He also attended Oxford University, where he took his undergraduate degree in philosophy, politics, and economics. He was enrolled at Stanford University, as well as Nanjing University for his intended doctoral dissertation on Chinese population plann ing. â€Å"The Golden Gate† (1986), was his first novel. He has written a travelogue â€Å"From Heaven Lake: Travels Through Sinkiang and Tibet† (1983). His works in poetry include All You Who Sleep Tonight (1990). He has also written a story book for children Beastly Tales from Here and There (1992). His acclaimed epic of Indian life, A Suitable Boy (1993), won the WH Smith Literary Award and the Commonwealth Writers Prize (Overall Winner, Best Book). A Suitable Boy is the story of several Indian families-the Kapoors, Mehras, Chatterjis and Khans, whose paths intersect continually over a period of about a year. It never strays far from the subject of love and marriage–indeed, the book both begins and ends with weddings. Set in India in the early 1950s , which has only recently gained its independence from the British. A young girl by the name of Lata Mehra is the second daughter in her family. Her widowed mother, Rupa Mehra, is determined to find a â€Å"suitable boy† for her daughter. The book opens at Savita, Lata’s elder sister, and Pran Kapoor's wedding, where Lata decides that she does not want an arranged marriage like her sister. As the year passes three suitors come into Lata's life. Of the three, a handsome Muslim classmate and the self-made business man her mother wants for her. Lata is a rebellious kind of girl who is already in love with a Muslim boy. The novel shows a conflict between Hindus and Muslims in the fictional city of Brahmpur, where the story is primarily set. One of the main aims of the novel is to infuse the spirit of religious tolerance among the Hindus and Muslims. Family drama and Indian history unfold around her: Savita and Pran begin domestic life together and start their family. Life changes for Maan, Pran's brother, when he falls for a girl from an unsuitable family. The story also surrounds a fight that Lata’s brother has in Calcutta. The story delves into the normal and day to day routine life activities of India in 1951-52. Seth creates a compelling tale revolving around these four families and their love, hatred, sadness, daily chores, and lives in the times of a crisis. It shows a society that is a mix of different cultures, communities, and castes undergoing a change.