Word Choice Stationary vs. Stationery - Proofeds Writing Tips

Word Choice Stationary versus Writing material - Proofeds Writing Tips Word Choice: Stationary versus Writing material What do you consider a pencil that can’t move? Fixed writing material! In the event that you didn’t locate that silly, we expect it must be on the grounds that you’re not secure with the distinction among â€Å"stationary† and â€Å"stationery† (we won't acknowledge that our plays on words are naturally unfunny). Why arent you snickering? Is this thing on?(Photo: flickr/Benjamin Ragheb) All the more truly, the terms â€Å"stationary† and â€Å"stationery† are usually befuddled because of looking so comparative on paper. In any case, since they additionally allude to totally various things, you have to utilize them effectively if you’re composing for school or work. Fixed (Not Moving) â€Å"Stationary† is a modifier meaning â€Å"immobile† or â€Å"not moving.† If you’ve ever been to a turning class at a rec center, for instance, you’ll have ridden a â€Å"stationary bicycle.† Spinner 1: Are we almost there yet?Spinner 2: Just shut up and pedal. It can likewise be utilized to depict something that can move, yet isn’t at present: The driver slammed into a fixed vehicle, however no one was harmed. Another utilization of â€Å"stationary† is to portray a perpetual condition or amount, for example, in: A fixed populace can improve social strength. In either case, â€Å"stationary† alludes to something that doesn’t move. Writing material (Office Materials) The thing â€Å"stationery† alludes to office supplies, especially paper and other composing hardware: We’re coming up short on writing material, so I’ve requested paper and toner. It can likewise be utilized as a descriptor while portraying something identified with writing material, for example, a â€Å"stationery set† (a lot of composing gear) or a â€Å"stationery store† (a shop that sells writing material). In fact, the espresso doesnt consider writing material, regardless of whether most office laborers would quit working without it. Fixed or Stationery? Since one of these terms is spelled with â€Å"-ar-† and the other with â€Å"-er-,† the key thing is recollecting which will be which. Fortunately, this is made simpler by the way that â€Å"paper† is spelled with a â€Å"-er† toward the end, just as being a significant office flexibly: Paper is a sort of writing material. Thusly, if you’re depicting something that, similar to paper, can be found in an office, the right term will regularly be â€Å"stationery.† Otherwise, the correct word will be â€Å"stationary.† Remember: Fixed = Not moving Writing material = Office supplies

World Conflict essays

World Conflict articles The twentieth century was the bloodiest 100 years in mankind's history. In view of numbers slaughtered, in fighting, the twentieth century surpasses every single other century consolidated. The three significant clashes somewhere in the range of 1901 and 200 were World War I, World War II, and the Cold War, individually. At the turn of the thousand years, another kind of contention emerged. This would come to be know as Modern All through the paper, how the different wars are connected to each other will be clarified. Beginning with WWII, the occasions will inevitably prompt the century's end right to our generally present and to some degree progressing strife with fear mongering. A large number of the universes countries were left in ruin after the principal World War. The pioneers of these nations were happy to do whatever it took to forestall another fiasco, for example, WWI. More than 60 unique nations shaped the League of Nations under the Treaty of Versailles, trusting In any case, not all countries felt the equivalent about these new beliefs. Germany was one of them. The Germans were rankled about how the bargain incapacitated them and constrained them to pay reparations. Germany was one of the countries hit hard by the post-war Great Depression. They required somebody to lead them in a period of battle. That man would be Adolf Hitler. The primary thing Hitler did after he rose to control was re-arm the German military, under direct infringement of the Versailles Treaty. At that point he made arrangements to assume control over Europe. Another fundamentalist country developing its military was Italy. Under Benito Mussolini, the Italians attacked Ethiopia. A couple of attempted to stop Mussolini by boycotting the offer of arms to Italy, be that as it may, that fizzled and the animosity proceeded. In 1936 the Spanish Civil War broke out and allowed Italy and Germany to appear off their capacity. The two would shape a union know as the Axis Powers. Hitler and Germany started growing. German soldiers moved across France&apos... <!

Introducing the Comma

Presenting the Comma Presenting the Comma Presenting the Comma By Erin Commas are a dubious little bit of accentuation, and they give numerous individuals cerebral pains. In my understudies articles, I every now and again observe commas where they dont have a place, and I see vital commas forgot about. I make it one of my objectives to help demystify the comma for my understudies. The most widely recognized missing comma is the one that comes after an early on component in a sentence. You need a comma after an initial word: All things considered, Ive never been to Disney World. After an initial expression: After the tempest, numerous individuals were without power for quite a long time. What's more, after an early on statement: Since it was so hot outside, we chose to remain at home. For the most part, its safe to utilize a comma in any of these cases. Be cautious, thoughsometimes what resembles an early on express is really the subject of the sentence: Beginning an exposition without doing your exploration is never a smart thought. Regarding life, is there any point to it is the issue. (conciliatory sentiments to Mr. Shakespeare) In the event that a sentence begins with an ing word (- ing) or infinitive (to+verb) express, utilizing a comma is mistaken! Need to improve your English in a short time a day? Get a membership and begin getting our composing tips and activities every day! Continue learning! Peruse the Punctuation class, check our famous posts, or pick a related post below:Good At, Good In, and Good WithWhat to Do When Words Appear Twice in a Row

General Motors with Lean Manufacturing

General Motors with Lean Manufacturing An Introduction of GM Global Manufacturing System Operations Management Team Project Contributed by We Make A+ (sort by number): †2009 050 444 †2010 049 712 †2010 054 149 †2010 059 605 †9125 620 120 Division of Business Administration, Hanyang Univ. ERICA Ansan, December 2012 Contents Part 1. Diagram of General Motors2 1. 1 Why General Motors? 2 1. 2 Introduction of General Motors3 1. 3 Basic Information3 1. 4 History of GM4 1. 5 GM's family4 Part 2. Presentation of Lean Manufacturing4 2. 1 Definition5 2. 2 Lean and TPS5 2. 3 Theme: Efficiency6Part 3. GM’s Global Manufacturing System6 3. 1 Application of Lean Manufacturing6 3. 2 In-Progress Control and Verification7 3. 3 Process Failure and Effect Analysis11 3. 4 Quality Feedback/Feedforward11 3. 5 Quality System Management13 Part 4. Comments14 4. 1 Achievements past Efficiency14 4. 2 A Too-Lean GM? 15 Bibliography16 Part 1. Outline of General Motors 1. 1 Why Gene ral Motors? First car industry has begun in 1885 since Karl Benz and Daimler create fuel motor vehicles. The early car industry was costly ,slow and didn't escape from the structure of the wagon type.But The presentation of Henry Ford's transport line is route as to have the option to mass-created, it turned into the start of promotion. U. S. car organization look to go into the world in Europe ,since 1920's and by consolidating U. S.. ‘s vehicle creation innovation and Europe's image esteem, Europe rose as the biggest market on the planet. At the European economy will recuperate in 1950, U. S. has sufficiently developed to involve 80% in world market and Europe fabricated another item separation and expansion methodology so as to relate to U. S. Now ought to be noticed that Japan's advance into world market.Because of Korean war, Japan established the framework of development and The 1960's, worldwide car advertise is developing, Japan take an interest in worldwide car showca se. Particularly, Japan made new Labor-the executives relations by new mechanical association and unmistakable creation way, and spreading Toyota creation framework and JIT way to deal with become progressively serious, They were shaped 3 enraptured framework to command the world market with U. S. also, Europe. From that point onward, Before and after the 1980's, Asian nations, including nations, for example, Mexico and Brazil took an interest in worldwide car advertise as a weapon low-pay and little vehicle. In 1990's, U.S. lead worldwide car showcase expanding center capabilities by advancement to reengineering, benchmarking, rebuilding, and scaling back, and so forth, contending with Japan. In the late 1990s, Automotive market experience incredible disarray because of oversupply and changing buyer needs, and Multinational car organizations' M;A is significantly expanding, and few huge organizations lead worldwide car showcase. In the progression of the car business, after foundat ion in 1908, GM establish the framework concentrating on to raise the size blending Buick, Cadillac, including 25 organizations and keep up first in quite a while between 1933 to 2008.Also, in local, GM is known for a ton of recognizable brands, for example, Chevrolet. Since GM defeat a few budgetary emergency and still exist the focal point of the world's car industry organizations, we pick GM car industry organizations, we pick GM 1. 2 Introduction of General Motors General Motors Company regularly known as GM (General Motors Corporation before 2009), is an American worldwide car enterprise headquartered in Detroit, Michigan, and the world's biggest car creator, by vehicle unit deals, in 2011, utilizing 202,000 individuals and working together in exactly 157 countries.General Motors produces vehicles and trucks in 31 nations, and sells and administrations these vehicles through the accompanying four local fragments, which are GM North America (GMNA), GM Europe (GME), GM Internatio nal Operations (GMIO), and GM South America (GMSA), through which advancement, creation, showcasing and deals are composed in their particular world areas, in addition to as fifth portion GM Financial. 1. 3 Basic Information Industry †Automotive Founded †September 16, 1908 Founder(s) †William C. Durant Headquarters †Renaissance Center, Detroit, Michigan, the US Number of areas †156 offices on six continentsArea served †Worldwide Product †Automobiles, Financial Service 1. 4 History of GM 1908| Founded by William. C. Durant| 1910-1929| The ascent of the car caught minds and started creation. | 1930-1959| GM’s duty to development loaned idealism during turbulent world occasions. | 1960-1979| GM offered ground breaking answers to an undeniably eco-cognizant world. | 1980-1999| The end of the twentieth century brought colossal worldwide development for GM| 2000-2008| Trying financial occasions saw GM grasping a suffering enthusiasm for advancemen t. Today| We are enthusiastic about structuring, building and selling the world’s best vehicles. This vision joins us as a group and is the sign of our client driven culture. | 1. 5 GM's family Part 2. Presentation of Lean Manufacturing 2. 1 Definition What is lean manufacturing(lean)? Lean assembling, lean venture, or lean creation, frequently just, â€Å"Lean,† is a creation practice that considers the consumption of assets for any objective other than the formation of significant worth for the end client to be inefficient, and along these lines an objective for elimination.Working from the point of view of the client who expends an item or administration, â€Å"value† is characterized as any activity or procedure that a client would pay for. Basically, lean is focused on saving an incentive with less work. Lean assembling is an administration theory got for the most part from the Toyota Production System (TPS) (henceforth the term Toyotism is likewise common) and recognized as â€Å"Lean† just during the 1990s. TPS is prestigious for its emphasis on decrease of the first Toyota seven squanders to improve generally speaking client esteem, however there are shifting points of view on how this is best achieved.The consistent development of Toyota, from a little organization to the world's biggest automaker, has concentrated consideration on how it has made this progress. 2. 2 Lean and TPS Lean is an administration theory created from the Toyota Production System (TPS) and distinguished as Lean during the 1990s. The Toyota Production System (TPS) is an incorporated socio-specialized framework, created by Toyota, that involves its administration reasoning and practices. The TPS arranges assembling and coordinations for the vehicle producer, incorporating association with providers and clients. The framework is a significant forerunner of the more nonexclusive â€Å"lean producing. Taiichi Ohno, Shigeo Shingo and Eiji Toyoda built up the framework somewhere in the range of 1948 and 1975. Initially called â€Å"just-in-time production,† it expands on the methodology made by the organizer of Toyota, Sakichi Toyoda, his child Kiichiro Toyoda, and the specialist Taiichi Ohno. The standards fundamental the TPS are exemplified in The Toyota Way. TPS centers around decrease of the first Toyota seven wastesâ to improve in general client esteem. In any case, there are differing viewpoints on how this is best accomplished. 2. 3 Theme: Efficiency Lean assembling is a minor departure from the subject ofâ efficiencyâ based on advancing flow.It is a present-day example of the repetitive topic in mankind's history toward expanding productivity, diminishing waste, and utilizing exact strategies to choose what makes a difference, as opposed to uncritically tolerating prior thoughts. In that capacity, it is a section in the bigger story that additionally incorporates such thoughts as the society intelligence of frugalit y, time and movement study, Taylorism, the Efficiency Movement, and Fordism. Lean assembling is regularly observed as an increasingly refined rendition of before effectiveness endeavors, expanding upon crafted by before pioneers, for example, Taylor or Ford, and gaining from their mistakes.Part 3. GM’s Global Manufacturing System 3. 1 Application of Lean Manufacturing To be progressively serious in the worldwide car industry, General Motors is focused on some key needs; get normal; think lean and run quick; contend on a worldwide premise; develop the business and in particular spotlight on the item. GM Manufacturing is devoted to lean and basic as exhibited by a solitary, worldwide assembling approach †a procedure that is changing the manner in which it structures its items, spreads out plants, chooses hardware and plan every get together plant administrator's job.The GM Global Manufacturing System-or GMS-is a significant structure square of a coordinated methodology to create items that energize clients in business sectors around the globe. 3. 2 In-Progress Control and Verification In-Process Control and Verification incorporates the expectation and motivation behind the BIQ proverb: â€Å"Satisfy your client; don't acknowledge, construct or boat a deformity! Take care of issues through collaboration. † Quality desires are accomplished in each procedure to guarantee absconds are not given to downstream process. Indeed, it brings up an issue, how to accomplish client satisfaction?General Motors has three ways for taking care of this issue. In any case, anticipation stays away from deserts or non-norms happening. Besides, Detectionâ€identify when surrenders or non-measures have happened. Finally, use regulation to guarantee abandons or non-gauges are not passed on. I will present these three strategies in the next minutes. The advantages of In-Process Control and Verification comprise of three perspectives: * To outer clients (individuals purchasing our vehicle), it shields clients from inadequate vehicle quality; it guarantees consumer loyalty. To inside clients (downstream activity), it forestalls significant fix and revise by distinguishing a non-similarity right off the bat all the while; it keeps the progression of deformities from division to office and station to station. * To inward custome

5 Ways to Make Money as a Poet

5 Ways to Make Money as a Poet Ask any poet you know if they ever considered making a living from their writing and youre likely to get an incredulous laugh in response. Thats because most poetsâ€"particularly the ones who have tried to do itâ€"understand that the prospect of making a career out of their poetry is slim to … well, very slim.In her article Livelihood of the Poets, Rachel Friedman writes: The three best-selling poetry books of 2011 were: Horoscopes for the Dead by Billy Collins, Leavings by Wendell Berry, and Come, Thief by Jane Hirshfield. Collins sold 28,406 copies of Horoscopes. If we estimate a 10% royalty rate, he made around $44,177 on it. Berry, in second place, only sold 2,928 copies of Leavings, making him about $4,377. Hirshfield did similarly, selling 2,250 copies earning $5,625.Granted, even if you made it to the number-one bestseller spot, $44k is arguably not a livable wage in many parts of the country. With that thought in mind, as a poet, you might want to keep your day job even if your work becomes a bestseller. However, if youre looking to make a sizeable side income from your writing, that goal might be far less of a pipe dream than making a living from it. And here are a few ideas that can actually put dollars in your pocket because of your poems.Online productsT-shirts, wall plaques, caps and apronsâ€"the possibilities are endless for online entrepreneurship for poets who want to make a living out of their writing. With the right few lines printed on clothing, home décor, or other accessories, and the right amount of marketing put into selling them, your poems could be making you a livable income.A quick search on Etsy for poetry art reveals pages of poems as wall art for sale. While many of these poems are written by famous poets, the option to sell your own poetry is there. You can view how others design the art and posters, and use it as inspiration for designing your own, including the media used.Websites like Vistaprint.com provide printing services for everything from totes and luggage to t-shirts and polos. You create the design that goes on themâ€"notably a design that includes your poetryâ€"and then market those items in your own personal web shop or sales venue.Greeting cardsIf theres one poetic medium that still sells on a daily basis, its greeting cards. In fact, this post from the Penny Hoarder offers a run-down of eight companies openly seeking submissions for greeting card copy. These companies have different submission guidelines and content requests, so youll need to do some research to find out who pays the best rates and is seeking your particular style of writing.Self-publishingThis post from Poets Writers offers a guide on the steps youll need to take to get your poetry manuscript self-published. It includes an overview of self-publishing, as well as tips on vetting your manuscript, setting a budget, creating the final product, establishing goals, choosing a platform and devising a marketing strategy.Keep in m ind that your self-publishing success as a poet will be directly tied to two things: 1) Your appeal and ability to engage audiences, and 2) your marketing efforts. Lets talk a little about each and how you can increase your chances of sales should you decide to take this route.Appealing to audiencesThe number-one bestselling poet of all time is Shakespeare, according to Joan Acocella. Second is Lao-tzu, with Kahlil Gibran, author of The Prophet coming in third with his collection of twenty-six prose poems, delivered as sermons by a fictional sage. Published in 1923, The Prophet has sold more than nine million copies in its American edition alone.In the above-mentioned article, Joan Acocella writes, There are public schools named for Gibran in Brooklyn and Yonkers. The Prophet has been recited at countless weddings and funerals. It is quoted in books and articles on training art teachers, determining criminal responsibility, and enduring ectopic pregnancy, sleep disorders, and the ne ws that your son is gay. Its words turn up in advertisements for marriage counselors, chiropractors, learning disabilities specialists, and face cream.The point the author attempts to drive home is the widespread appeal of Gibrans words. They are vague enough to apply to multiple contexts and multiple religious backgrounds, and thus, increase the readership to a much bigger audience. The author also notes how Gibrans use of comforting, inspirational messaging contributed to his success as a poet. She writes, More than the soundness of its advice, however, the mere fact that The Prophet was an advice bookâ€"or, more precisely, inspirational literatureâ€"probably insured a substantial readership at the start. Gibrans closest counterpart today is the Brazilian sage Paulo Coelho, and his books have sold nearly a hundred million copies.What these numbers tell us is that in order to find commercial success as a poet, you will need to reach large audiences with an inspirational message. Ho wever, perhaps youre not looking to achieve the same success as poets like Gibran and Shakespeare, and simply want to make a decent, livable wage. In that case, keep in mind that the more niche your chosen topics, the smaller your audiences will be. If you need to write about trauma faced by women in abusive relationships, by all means, write about it. Just realize that your audiences will be limited and therefore, your sales will be as well.Your marketing effortsAs with any self-publishing efforts, marketing will play a large role in the success of your sales. With social media advertising, particularly Facebook, youll have better opportunity to reach larger audiences than youd have without it. Thats why its important to include marketing as one of your primary goals when venturing into the world of self-publishing. Getting the book completed and published is really just the first step.Joanna Penn is an award-nominated, New York Times and USA Today bestselling author of thrillers u nder J.F. Penn. She also writes non-fiction for authors, and her site, TheCreativePenn.com has been voted in the Top 100 sites for writers by Writers Digest.On her site, she offers free marketing advice for self-published writers looking to maximize the sales of their book. In this section, she covers everything from aspects of a successful book launch to building your author website and optimizing your books advertising copy for online sales. Additionally, she includes details on how to:Attract readers with a great book sales descriptionChoose the right categories and keywords for your bookPrice books and use free downloadsUse author pseudonymsUse box-sets and bundlingTeachingTeaching is a common day job for poets and allows you to be a poet while making a livable wage. However, as Rachel Friedman points out, with thousands of students graduating with MFAs in poetry, there are fewer than a thousand spots available for teaching positions for someone with those credentials. This mean s that there are a lot of poets unable to find teaching positions doing what they love.However, you dont necessarily have to be hired by a university to make a living teaching about poetry. Many community centers and libraries rent out space to hold classes youve organized on your own. In fact, you could teach after-school poetry classes for teens, summer camps for elementary-aged kids, or even parents night out workshops for kids to learn more about the process of writing poetry while their parents take a much-needed date night.SongwritingJason Blume is a professional songwriter who is using his skills as a poet to make money. On his website, which offers advice for anyone interested in making money from writing songs, he notes: Success doesnt happen by luck or coincidence. There are no magic answers or quick roads to songwriting success; steer clear of anyone promising them. But, with hard work, practice, and perseverance, Ive seen my students write #1 singles, sign staff-writing deals, publish their songs, win contests and festivals, have their songs recorded, and become hits.The site Careers in Music provides this advice for anyone interested in songwriting as a way to earn money: As a Songwriter, except for the rarest exceptions, 100% of your income comes from royalties earned when people buy digital and tangible recordings of your songs (downloads and CDs) and from streaming, as well as performance royalties that are generated when songs are played on the radio, broadcast on television, on the Internet, on airplanes, and in places such as restaurants, nightclubs, and concert halls.A final noteWhile poetry is certainly not a lucrative career choice, writers who are passionate about the craft of writing it can certainly find ways to make an income from their poetry. As with any writing endeavor, if your passion for the genre and topic shows through, the likelihood of finding success in sales is much higher. So stay passionate and find your success as a poe t.

Using Ketamine to Treat Depression - Free Essay Example

I chose to read an article about depression treatment using Ketamine. Depression is highly prevalent in our nation but unfortunately its cure has yet to be found. According to Anand Matthew, approximately ten percent of Americans suffer from depression. That may not seem like a large amount but when you look at the total population of the United States which is around 327, 582, 600 and growing, then ten percent is an extremely large number. The article Ketamine as an Alternative Treatment for Treatment-Resistant Depression talks about how healthcare professionals are using Ketamine to treat depression that is resistant to antidepressants. They have found that it does help some people, but it is not a one hundred percent cure. There have been a lot of studies to find that one magic pill to cure this problem which disables people to the point where they are not able to function in the daily life. They believe that some of it has to do with the amount of stress that we are under in our daily lives. The inability or the lack of resources that keep us from seeking help can push our body to the point where chronic stress and neurons are thought to atrophy, shrink, and die (Dowben, Grant, and Keltner, 2013). I worked in a place where they used such treatment and, to be honest, I am not able to state whether it is a success or a failure. It does seem to help people for a short period of time but like any other drug, it does not last, and the treatment has to be repeated. The article talks about people having psychotic, manic, or dissociative symptoms (Dowben, Grant, and Keltner, 2013). I have observed that Ketamine causes people to hallucinate, see things or creatures that are nonexistent. The article states that this drug needs to be administered under the supervision of a healthcare professional and the patients vital signs need to be monitored. Ketamine was used as one of the anesthesia medications in the place where I worked, and it is not a drug to be taken lightly. In conclusion, there is no real cure for depression at this time, but Ketamine does seem to help people that ordinary antidepressants are not able to help. I suppose they will continue to study this disease and maybe someday they will come across a complete cure for it.

THE PROCESSES OF BUSINESS MANAGEMENT

Sample details Pages: 5 Words: 1641 Downloads: 1 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? Introduction Here we understand what research is?; it is another word for gathering information or facts or data. The more information, facts, or data we have is helpful to solve the problem and make our own good decisions. Business Research subject end result is action and implement the advance knowledge we gained by contributing to our own challenging life or future business aspects. Don’t waste time! Our writers will create an original "THE PROCESSES OF BUSINESS MANAGEMENT | Reflection" essay for you Create order We interact with everyday people of ordinary people and extra ordinary people such as teachers, students, scientists, professors, scholars, business owners, librarians, book keepers, politicians and many more which was the result of advance knowledge created in the past to gather information. Accordance, to the three year degree program and final year first semester one subject; business research helpful students to be aware of their surroundings and accommodating to answers to the business related questions. Subsequently, we have learnt about how research contributes to management, identification of the research process such as; discovering the management questions and research questions, research proposal, research design, data collection and preparation, data analysis and interpretation, report writing and etc. Also, how to use the secondary data to answer management questions, identify and apply appropriate designs for conducting specific business research, how sampling is acc omplished in survey research and the difference between probability and non-probability sampling and formulate testable research hypothesis based on management questions. Learning Experiences 2.1 Learning Experiences of Business Research Learning is all about gaining knowledge of or skill in by study, experience or being taught. Learning experience is observing and reflecting on the consequences of an action in a situation. Concrete experience Testing implications of Observations and reflections concepts in new situations Formation of abstract concepts and generations Figure 1. The experimental Learning Model Learning has considered as a four-stage cycle. Gradual experience is the basis for observation and reflection. Today, successful manager or administrator is differentiating from each other by not having the knowledge or skills by their capability if adopt and familiarizing the changing demands of their job and career by using the learning skills. There is a mortal about learning such as one learns or he/ she does not. More explains mortal about learning is deficient of accepting the learning process. 2.2 Learning processes of Business Research Coventry University in United Kingdom provides with vast opportunities and links for the career path of a business student. Academic career gives the opportunity to select the career path in chosen and pretend field. Combination of academic and business link provides the authority for both educational and the corporate sector experiences. Most of the research standards in the reality of business as most of the theories are ratify in real world of business. Research simply means a search of facts solutions to problems and it is systematic and methodical investigation. In addition, it is an organized inquiry and increases knowledge. In the environment, there are different issues such as socio-economic, health problems, human relations, marketing, production, finance etc and research provides answers to those problems taking place in the society, industry and trade. A research project allows students to apply theory to, and or analyze more issues that are general. It offers student s an opportunity to identify and select a research problem and investigate it independently. In Business research we learn about research concepts which explains definition and application of research and formulating and clarifying the research topic, literature review which conduct how to do a literature search and critically review and analyze the literature, the research proposal, research design, data gathering sampling and questionnaires such as identifying the population sampling procedure, advantages; data gathering questionnaires as different source of data collection, data gathering interviews and alternatives, reflective journal writing and reporting results by written format and by presentations. Accordance to the Business Research all ten topics are interesting and effective. But the most interesting topic was data gathering, sampling and questionnaires; which is a vast area of business research subject. Business Research methods or techniques vary from size of the compa ny and information required. For an example, customer research might engage with customer feelings or experiences about utilizing a product or service by using customer satisfaction methods such as questionnaires, seminars or interviews. When researching public information, business statistics on financial and educational information in relates to product usage, customer demographics and hours of television viewed by customers in a one geographic area will be available as a end result of the research. Sampling help us to overcome constrains and to carryout, our work effectively and make our judgment accurately. Besides, it helps limit the item selection in a suitable manner without making unnecessary expenses with budgetary requirements. Sampling procedure, which contains with nine topics, was new to learn in business research subject. It helps in decision making. Learning reasons of Business Research Business Research is important within the organization or outside the environment issues to be solve and find the solutions. Research helps to solve existing decision-making problems, which makes the organization more profitable and solve problems of immediate concern. Most organizations put much effort to gather information before they make decisions. Research has need of effort, time, and money to have data collection to make good decisions. Business Research consists of a program which tells and show how appropriate the collected and scrutinized information that always supportive for good decision making. When the research and analysis are completed, the result is communed to management. This is why business research is important as it provides information; concerning critical issues that have an influence on the target market and marketing mix. In addition, business research is corporate to modify the market and solve the organization uncorrected or wrong data to remote regi ons at affordable cost and business to earn more profits. Business fail to continue in resourceful way without business research and it is vital for every field of business. Therefore, we cannot run our businesses without business research. When learning about the business research, it helps us to conduct our own research to benefit our business and future. From time to time, good blueprint of instructions helps with the research process. Learning Experience in relation to academic development I have been involved in Business Research by identifying and classifying dissimilar diversity learning methods and the end result of it. The intension of this research of this business research is to recognize unusual methods have been taught and implement to solve organizations problems and to identify the learning styles and suitable learning modes which is available and to improve with the design of learning experiences. There are two goals of academic development; such as particular detailed subject matter and learning about strengths and weaknesses as a learner. Understanding on the subject matter and strengths and weaknesses helps and support a framework for continuing learning on the job. Learning experience is not restricted to the classroom but also turn out to be an essential and unambiguous work. On the job experience; becomes a focus for testing and exploring new ideas. Learning Experience in relation to Professional Development In Business Research studies practical professional development of statistical power is important as; planning of sample sizes prior to gathering data used to evaluate statistical hypotheses. This helps to conclude apposite sample size; has important limitations in actual business research studies. More important relative to research proposal and main report in sample size approach is available with statistical testing of multiple hypotheses using different testing methodologies. Therefore, dissimilar hypotheses need to be involve with; correlation or regression analysis, the use of structural equation modeling, analysis of variance. As a result, the employ of the sample size strength of mind in decision making and in the main report most such studies and at work. In addition, this subjects directions for future business too. It helps for my research goals such as; product or service I want to sell or to determine potential market, size of the competition or to test the effectivene ss and the market position of the product and service of my future intend business. Learning Experience in relation to personal development Own personal development plan is a key fundamental part of our career journey. During the three year degree program thorough knowledge about the subject, diversity of skills that we develop is essential to become an independent researcher in everyday life. We need to understand and identify the starting point and where you want to be to sequence to plan well-organized, resourceful and competent direction to obtain where we want to be in future or in a business position. Therefore, business research program has been helpful to indentify my current skills and in order to proceed with all the design took to track the career journey. In addition, I have learnt; a range of social research methods techniques and skills and how they has been used to address particular research questions in management and business settings, survey design and analysis, a range of qualitative research methods, a range of quantitative methods of analysis, project planning and development, ethical problems and issues related to social research and management research in particular and how research in various management specialism have developed. Conclusion In business, environment research is a essential key our everyday decision making. It helps to find out the wrong information and save money and time. Research is significant success as acquiring day to day life challenges and decision making. Research plus action will assume a successful researcher. Research aim is to resolve the business or everyday life issues or problems, which occurred before or present with profitable or immediate concern. This helps to understand how research impact on our everyday and business decision making. Most people do not put much effort to collect or back up information or data. Only few do back them up. There is a risk or cost of making important decisions without gathering information for evidence for future reference.

The Amazon Rainforest Of South America - 1503 Words

The Amazon Rainforest of South America spans over nine countries with the greatest portion nestled in Brazil. It is considered the largest rainforest in the nation. Most notably, it consists of approximately one-fifth of the total tree vegetation currently growing around the world. Furthermore, the Amazon Rainforest is home to a commodity of natural resources, from tropical hardwoods to oil to minerals to plant, fungi and bacteria used in medicines. Similarly, over five hundred species of mammals inhabit the area, along with numerous birds, fish, reptiles and insects distinct to the environment. Unfortunately, several of the animals have become noted on the endangered species list. (Amazon Aid Foundation) Above all, the Amazon Rainforest is a key element in the survival of mankind, not only for local villagers, but around the world. According to World Wild Life’s website: â€Å"There is a clear link between the health of the Amazon and the health of the planet. The rainfor ests, which contain 90-140 billion metric tons of carbon, help stabilize local and global climate. Deforestation may release significant amounts of this carbon, which could have catastrophic consequences around the world.† (WWL) In addition, the rainforest is imperative to our ecosystem of water (i.e. the circulation, filtration and evaporation). Ultimately, plants within the rainforest not only affect CO2 levels, but also affect global weather conditions in terms of transpiration, or the cycling ofShow MoreRelatedImpact Of Deforestation On The Amazon Rainforest Of Brazil, South America, Impact The Environment?1493 Words   |  6 PagesEvaluation Research Summary The question researched was â€Å"How does deforestation in the Amazon Rainforest in Brazil, South America, impact the environment?† The topic of deforestation in the Amazon was chosen as there is much concern about the problem and for the future of the Earth. There were different research processes used to discover new information about the problems in the Amazon rainforest such as, an interview with a person who currently lives in Brazil, annotating books, journals, internetRead MoreAmazon Rainforest Ecosystem Of The Rainforest820 Words   |  4 PagesThe Amazon Rainforest The Interdependence of plants, animals, and humans is integral in the Amazon Rainforest ecosystem of the tropical rainforest biome. The key features of the Amazon Rainforest is the Amazon River. The Amazon Rainforest goes through Brazil, Peru, Colombia, and many other countries. Colombia has 10%, Brazil has 60%, and Peru has 13%. 80-90 degrees during the day and 50 degrees at night is the temperature of the Amazon Rainforest. There are dry and wet seasons. it gets 9 to 10 feetRead More Brazil Facts Essay659 Words   |  3 PagesBrazil Introduction You probably heard of Brazil but, do you know much about it? Brazil is a beautiful place or country, in South America. It’s great for tourists’ sites; it has amazing land features, and especially cool culture and history. Brazil has a tremendous amount of nature and folktale. Brazil was found actually, over 8,000 years ago. The Portuguese were the first European settlers to arrive there. The journey was led by Pedro Cabral who began in the 1500s. When they finally got thereRead MoreBrazil : The Red Wood Of South America1624 Words   |  7 PagesBrazil; the Red Wood of South America Envisage a country named after a wood product. Such a country exists in Eastern South America. Brazil has been tremendously influenced by European life and evidence of that can be perceived through their culture. Made up of various types of resources, Brazil has continued to flourish. However, problems have arose along with the growth of the population. Deforestation, an outcome of human action has affected the millions of exotic species that live in one ofRead MoreAmazon Forests : The Amazon Rainforest1577 Words   |  7 Pagesacres, the Amazon rainforest stands as an amazing wonder in the world. The majority of the Amazon rainforest lies in Brazil, but also is found in Bolivia, Ecuador, Peru, Colombia, Venezuela, Suriname, French Guiana, and Guiana. Covering such a vast amount of land makes this region one of the most diverse ecological habitats in the word, but, while recognized as a priceless jewel of nature and a key factor in the global climate control, greed and selfishness are quickly destroying the Amazon RainforestRead MoreDeforestation Is A Global Issue1630 Words   |  7 PagesIntroduction Deforestation in the Amazon rainforest is the cutting or burning down trees. Two main reasons the Amazon rainforest is being cleared is for raising cattle and growing crops (Figure 1). This is because the production of beef and soy has increased.1 The Amazon rainforest is located in countries throughout South America. The area this report will look at is Brazil, which is the largest country in the region. The majority of deforestation in the Amazon takes place in Brazil.2 There areRead MoreThe Amazon Rainforest : The World s Air Conditioning System Essay1413 Words   |  6 Pages The amazon rainforest is in south America between brazil 60% and Peru 30% in the amazon forest. However, it is located near the equator that is 2.1 billion square miles. The amazon rainforest is important because we rely on the ecosystem culturally, some things that we can do to save the rainforest is to get more involved with the community, multiculturalism, the producers, secondary producers and consumers. how to fight back to save the amazon rainforest. Multiculturalism of the amazon is theRead MoreEssay on The Effects of Deforestation of the Amazon Rainforest1093 Words   |  5 Pageslargest rainforest is the Amazon River Basin, located in South America. The Amazon is home to many species of animals, insects, plants and trees. Many of the trees and plants in the Amazon produce about twenty percent of the oxygen on earth, and absorb carbon. However, the Amazon is decreasing in size every day due to the ongoing deforestation of the land. Deforestation is when the forest of the land are cleared or destroyed, in order to be used for other actions (â€Å"Deforestation†). The Amazon is twentyRead MoreTypes Of Climate Essay738 Words   |  3 Pagesthe most harsh climates in Peru in the Amazon Rainforest. It runs through 8 countries, making it the largest tropical rainforest in the world. The area is 2.124 million mi ² and is located in South America. Even during low water season, there is still rain in the Amazon Rainforest. The average temperature is 88 degrees Fahrenheit, while the maximum temperature is 70 degrees Fahrenheit (â€Å"Rainforest Maker†). Heat, humidity, and rain is what the rainforest is made up of and is perfect for wildlifeRead MoreThe Issues Surrounding The Amazon Rainforest1206 Words   |  5 Pages The Denver Academy has recently researched and defined some of the important facts surrounding the Amazon rainforest. In 2017, the Amazon rainforest covers 2.1 million square miles of South America. It is a vast ecosystem home to 10% of the world’s known species (The Denver Academy). They go on to say that the trees are so dense, when it rains, it takes 10 minutes for the water to break through the forest roof. The destruction of this habitat could lead to extinction of these species, and have devastating

The Holocaust and Nazi Germany Essay - 1100 Words

The Holocaust is most well-known for the organized and inhumane extermination of more than six million Jews. The death total of the Jews is this most staggering; however, other groups such as Gypsies, Poles, Russians, political groups, Jehovah’s witnesses, and homosexuals were targeted as well (Holocaust Encyclopedia: Introduction to the Holocaust). The initial idea of persecuting select groups of people began with Adolf Hitler’s rise to power in Germany. In January 1930, Hitler became the Chancellor of Germany after winning over its people with powerful and moving speeches. From this point forward, it was a goal for both Hitler and his Nazi Party to rid the world of deemed â€Å"inferior† groups of people (Holocaust Encyclopedia: Timeline†¦show more content†¦The Nazis and Hitler used extreme propaganda in attempt for people to accept their actions. Hitler made the Jews out to be a problem and a threat to the purity and perfection of German society (Holocaust Encyclopdia: Nazi Propaganda ). In Hitler’s speech to the Reichstag in September, 1942, he states, â€Å"In my speech before the Reichstag on the first of September 1939, I spoke of two matters: first, since we are forced into war, neither the threat of weapons nor a period of transition shall conquer us; second, if world Jewry launches another war in order to destroy the Aryan nations of Europe, it will not be the Aryan nations that will be destroyed, but the Jews...Once the Germans Jews laughed at my prophecy. I do not know whether they are still laughing, or whether they are laughing on the other side of their faces. I can simply repeat — they will stop laughing altogether, and I will fulfill my prophecy in this field too.† This speech fully shows the hatred that Hitler and the Nazi Party had towards the Jews, and how set they were on eliminating the Jews (Jewish Virtual Library: Hitlers Threats Against the Jews). This hatred and irrational thought of the â€Å"threat† Jews posed to the German race led to Hitler’s â€Å"Final Solution†, which was ultimately to fully eliminate the Jewish race. Hitler used concentrations camps as his mode of carrying out his plan and fulfilling his prophecy. (Holocaust Encyclopedia: TheShow MoreRelatedThe Holocaust and Nazi Germany1477 Words   |  6 PagesIntroduction (150 words) As a result of the Holocaust, a clear link can be made between Nazi racial ideologies and Hitler’s foreign policy. Firstly, Nazi ideologies were a fundamental facet to the Holocaust, as it included the philosophies of who constituted as a Jew, and the consequent treatment of those diagnosed as Jews. Secondly, Hitler’s foreign policies were another significant aspect of the holocaust, as it was a fundamental part in the construction of Hitler’s ultimate goal. Thirdly, theRead MoreThe Holocausts Effect on the German Jew Essay1745 Words   |  7 Pages Adolf Hitler came to power over Germany in January of 1933. He hated Jews and blamed them for everything bad that had ever happened to Germany. Hitler’s goal in life was to eliminate the Jewish population. With his rise to power in Germany, he would put into action his plan of elimination. This is not only why German Jews were the main target of the Holocaust, but why they were a large part of the years be fore, during, and after the Holocaust. Hitler’s â€Å"final solution† almost eliminated theRead MoreSingling Out the Jewish People743 Words   |  3 PagesWorld War II the Nazi party took over in Germany. At its head was a man named Adolf Hitler. For some reason Hitler hated the Jews, we see this in World War II with the Holocaust. The Holocaust started in 1933 when Hitler rose to power; he made a plan in 1941 which was to eradicate the whole Jewish population. Hitler called this plan the â€Å"Final Solution† (An Introductory History of The Holocaust). Why did Hitler and the Nazis single out the Jews for genocide? And in what ways did the Nazis single themRead MoreDifferent Perspectives of The Jewish Holocaust 1641 Words   |  7 PagesThe Holocaust tends to be a bitter memory and an unpleasant subject to discuss. Although this event took place many years ago, repercussions are still present in the twenty first century. Especially in Germany, the Holocaust n ot only influences patriotism, but it also influences education and immigration policies. In contrast to other countries where nationalism is common, Germany has been forced to lessen the sense of nationalism in order to dispose false beliefs some individuals have of GermanRead MoreAdolf Hitler : Leading The Genocide1182 Words   |  5 PagesPer. 5 23 March 2015 Adolf Hitler: Leading the Genocide The Holocaust was the mass murder of Jews under the German Nazi regime in 1941 to 1945. There are many components of this significant event. One important component was Adolf Hitler, the leader of the Nazi Party and Chancellor of Germany from 1933 to 1945. Hitler contributed to the execution of Jews during WWII through his ideology, his dictatorship, and his leadership of the Nazi Party. To initiate, Hitler’s early life had a great impact onRead MoreUndisclosed Victims of the Holocaust 774 Words   |  3 PagesVictims of the Holocaust When Germany was defeated in World War I by Britain and France they were forced to sign the Treaty of Versailles, which proclaims Germany to be responsible for all reparations of the War. It was easy for Hitler and his Nazi party to blame the wealthy Jews for not offering enough money to the country, but his anti-Semitism was completely aimed towards the Jews. By the end of 1920, the Nazi party had about 3,000 members according to A Teacher’s Guide to the Holocaust. With an armyRead MoreThe Holocaust: The Biggest Hate Crime in the World1418 Words   |  6 PagesThe Holocaust is consider one of the biggest hate crime that the world has witness. It is a hate crime due to the fact that is directed toward a specific group of people. Individual chosen or group chosen because they represent a group believed to represent a group that the perpetrator is biased against. Everything started when Adolf Hitler became the leader of Germany, form 1934 to 1945. Adolf Hitler was born in Au stria in 1889. Hitler rose to power in German politics becoming the leader of theRead More The Origins of the Holocaust Essay1547 Words   |  7 PagesThe question of the origins of the Holocaust has been studied by scholars using several differing approaches. These interpretations are outlined by Donald Niewyk in The Holocaust as the long history of European anti-Semitism, the charismatic personality of Adolf Hitler and the influence of modern â€Å"scientific† racism or eugenics. These interpretations are illustrated in the works of John Weiss, Ian Kershaw, and Henry Friedlander. Niewyk uses Weiss to identify the interpretation of ancient anti-SemitismRead MoreThe Holocaust : The Destruction Of The Jews1717 Words   |  7 PagesThe Holocaust is by far the worst genocide ever committed, with between 5 and 6 million Jews murdered; along with countless other minorities the Germans deemed inferior (The Holocaust Chronicle Appendices). The Holocaust began with the boycott of J ewish businesses, and ended in camps such as Auschwitz. The destruction of the Jews was made possibly with the rise of Adolf Hitler to power, as he and his fellow Nazi followers attempted to exterminate the Jewish populace of Europe. In the paragraphs toRead MoreThe Holocaust : A More Perfect Union1060 Words   |  5 PagesAlthough many recognize the Holocaust as one of the most catastrophic genocides in history, few acknowledge its underlying causes. Historians often attribute the combination of German aggression and foreign appeasement with the Nazi rise to power and success in completing the Final Solution. However, the power of the totalitarian regime originated from its domestic policy, allowing one man to manipulate the thoughts and actions of an entire nation. The Nazi indoctrination of Germany with propaganda provided

Sleep Deprived Athletes The Lack Of Sleep Essay

Sleep Deprived Athletes Do you feel sluggish while playing your favorite sport? The lack of sleep can negatively impact an athlete’s performance. Athletes that are fatigued can experience negative; mental, emotional and physical conditions. These negative conditions become noticeable on the field, either during a game or throughout practice. They can impact the team in a way that wouldn’t benefit the other players. This could be a crucial way to determine if the team will win or lose that particular game. Most student-athletes do not get the proper amount of sleep at night, causing them to be sleep deprived. Student-athletes need eight or more hours of sleep to function properly in daily activities. Sleep is the most important part of a student-athlete’s life. â€Å"Getting your zzz’s may be just as important as fitting in training sessions†(â€Å"Find out Why Snoozing†). The fact that sleep is just as important as sports, or maybe even more important really tells something. In order for a person to live a healthy lifestyle, they first need to start out by getting a good night’s sleep. People that receive less than six hours of sleep are in risk of disease, as well as other medical issues. Also a lack of sleep can increase stress levels, which can drive people into depression. â€Å"Researchers have also found that newly learned information and skills are reinforced by a good night’s sleep --- meaning that children are becoming better at their soccer footwork, their piano playing, orShow MoreRelatedSleep Deprivation And Its Effects On Children Essay1511 Words   |  7 Pagesthe Sleepless in America (American Academy of Sleep Medicine, 2014), the documentary which co-produced by the National Geographic Channel, almost forty percent of Americans get less than five hours of sleep per night. Sleep deprivation often results in depression-like symptoms. Thus we heard suggestions that we should have at least eight hours of sleep a night. In fact, the duration of sleep affected by multiple factors, such as human has different sleep needs at the different age, and according toRead MoreImportance Of Healthy Diet Essay1419 Words   |  6 Pages The importance of sleep, diet, and strength and conditioning. Introduction To keep the body in good health is a duty, otherwise we shall not be able to keep our mind strong and clear.† –Buddha Being a student athlete for the majority of my life, i have learned how to balance my studies and my sport. Basketball and high school are both very demanding, but when you put them both together you make for a very difficult schedule. Though the lifestyle i live is somewhat grueling, i have adapted andRead MoreEssay on Running and Over Training1428 Words   |  6 Pages Even though some experts believe that excessive running is detrimental to the human body, and others believe any amount of running is one of the key components in most athletes, Still others believe that moderation between both extremes can benefit your sport. Running may have a heavier toll on the body than any other sport, literally. With each stride, force of two to three times the bodies weight is hammered on the joint, muscles, and tendons. How much running is â€Å"too much† running? isRead More Adolescents and Sleep-Deprivation: Should High School Classes Start Later?1223 Words   |  5 Pagesboard was considering moving the start of the school day 30 minutes earlier (Hoffman 2). Jilly became a sleep activist because she knew that, biologically, adolescents go to bed and wake up later. Mary Carskadon, considered to be an expert on sleep and circadian rhythms of adolescents, claims that adolescents should receive about 9 hours of sleep a night (Onyper). Many students suffer from sleep-deprivation due to alterations in the peak times of melatonin production, a hormone directly involvedRead MoreAn Institution For Educating Children1308 Words   |  6 Pagessociety many factors can block students from achieving this goal. The first of which is the lack of well rested and energized students with the motivation to grow. Sleep becomes harder to achieve as one ages, since school and work are the causes of sleep deprivation. Therefore, teens all over the U.S. are demanding a more appropriate start time given their developmental needs. Over 66% of teens have sleep problems mostly due to school and stress. A later start time means more time to get readyRead MoreThe Era of Sleep Is Over Essay1416 Words   |  6 PagesI have found a problem that should not be over looke d. For many years students and teachers have had precious hours of sleep seized from them by schools all across the great United States of America. I am no attorney, but I do know seizure of property without a proper warrant is against the Fourth Amendment; one of the twenty seven amendments our very nation has been built upon today. I am not proposing we go to court with our school systems, but I am suggesting we can all comprise and find a fewRead MoreSleep And Gpa Comparison At Culver Stockton College Essay1913 Words   |  8 Pages Sleep and GPA Comparison Earl W. McPike Jr. October 13, 2016 INTRODUCTION: Sleep coincides with a college student because the amount of sleep one gets should determine how one functions throughout the day and most importantly how well a person does in school. The more sleep that a person gets at night should make a person more energized causing them to perform better in sports, at work and in school. If a person is going off of only a small amount of sleep, they shouldRead MoreQuestions On Health And Wellness1389 Words   |  6 Pagespossible solutions for shrinking testes. Get more sleep Most understand the importance of a good night’s rest for overall health. But if your testicles are shrinking it could be due to a lack of sleep. A study from the University of Southern Denmark found a link between quality of sleep and testicle size. Researchers conducted a cross-sectional study that included 953 young Danish men from the general population. Sleep schedule, interruptions in sleep, and sleep habits were studied. The men s testiclesRead MoreSleep Deprivation Can Alter Mental Process Essay1969 Words   |  8 Pages Sleep Deprivation Can Alter Mental Process Jake Snitofsky Jason Piccone Nova Southeastern University Abstract Sleep is one of the main components to have a fresh start in the morning. Everyone needs their good sleep so they can stay focused, interactive, and productive while at work or school. In this study, we wanted to see if sleep patterns influence the subject’s social interactions. Many college students and adults working need to have a decent amount of sleep for the next dayRead MoreCorrelation Essay1402 Words   |  6 Pagesbetween body max index (BMI) and average hours of sleep amongst the students in the class. I was interested in the relation between these two variables because I have previously researched an article on WebMd that claimed those who are sleep deprived are more prone to live unhealthy lifestyles. As college students, we typically sleep less than the average adult would due to academic and social responsibilities that can push those to neglect a healthy sleep schedule in exchange for more time to accomplish

What Is The Value Of Keeping An Accurate Inventory Free Essays

Inventory keeping plays an important role in the supply chain of many companies and organizations. Efficient inventory control and management to a large extent depends on the way and manner inventory records are kept. Good record keeping makes it easier for inventory to be kept properly, whereas bad or inaccurate record keeping unduly stalls movement of raw materials and finished goods in the supply chain. We will write a custom essay sample on What Is The Value Of Keeping An Accurate Inventory or any similar topic only for you Order Now In this paper, an attempt shall be made to highlight the value of keeping one’s inventory accurate. Helps in achieving Operational excellence The value of keeping one’s inventory records accurate has been emphasized by several research workers (Kok and Shang, 2006; Smaros, Lehtonen, Appelgyist and Holmstrom, 2003; Cachon and Fisher, 2000). Commenting on this subject, Kok and Shang (2006) for example, pointed out that inventory record inaccuracy is a major obstacle to achieving operational excellence. To these authors, for one to achieve operational excellence, every effort should be made to keep one’s inventory records consistently accurate. Helps in lowering total distribution costs According to the Chartered Institute of Marketing (CIM) (1994), total distribution cost is the summation of the costs incurred in transporting, warehousing, order processing and documentation, inventory, packaging, lost sales for failing to meet set standards of goods. The relationship between these variables and distribution can be expressed mathematically as: D= T + W + O + I + P + S where: D is total distribution cost T is transportation cost W is warehousing cost O is order processing and documentation cost I is inventory cost P is packaging cost. S is lost sales as a result of failing to meet required standards From this formula, any undertaking which lowers the cost of these variables in the supply chain would also contribute in making the total distribution cost lower and therefore more cost-effective. Keeping a company’s inventory accurate therefore helps in this direction. The reverse is what takes place when inaccurate inventory is kept. Distribution is component of the classical marketing model known as the 4Ps. Distribution can therefore be a good source of competitive advantage at the marketplace. Companies that make their distribution network more cost-effective can have a huge advantage over their competitors. Helps in building trust in the supply chain In today’s business world, it is not uncommon to find companies share their inventory records with partners, some of which could even be competitors. Some of these information exchanges take place in real time and also defies geographical boundaries. Many of these relationships and arrangements are founded on trust. As such, the value of keeping accurate record cannot be over-emphasized. This is because inaccurate presentations do not only undermine the work of the company in question but also all the significant others which used that piece of information to plan and manage their work. Helps in demand estimation For existing companies, past inventory records greatly assist in estimating future Demand for goods and services at the beginning of the financial year. From such information, the quantity of goods that should be manufactured at any given time can be estimated accurately. Helps in sourcing and procurement for cheaper raw materials. Accurate inventory records also help in sourcing for and procurement of cheaper raw materials for the company. The cost savings from such undertakings can then be passed on to the final customer in cheaper prices. On the other hand, inaccurate records hinder procurement departments in establishing present stock levels and the replenishments that must be procured. Helps in the arrangement of logistics Similarly, inventory records assist the distribution outfit of the company to arrange for transportation and other logistics to convey the manufactured goods to the final customers in the value-chain. In situations therefore, where the inventory information provided to the aforementioned departments are inaccurate, it can seriously hamper their work which can be lead to severe losses to the company. Let us consider a scenario where the company’s stocks are full at the storage depots but her significant partners are informed that stock levels are at 50 percent. A raw material supplier to this company would make arrangements for materials to be sent to this company, only to be told that the company does not need these materials until the present stocks have been cleared. Equally, the company’s outsourced logistics partner would restrict herself to transporting goods equivalent to half the capacity of the company’s warehouse to the retailing units. The transporters get to the warehouse to find that they are not adequately resourced to carry out the logistical task ahead. If they are not fortunate to find that all the available transports have been booked, clearing the warehouse of existing stocks would be a Herculean task, if not impossible to the outsourcee company. Helps in Business planning and coordination. Apart from helping to estimate demand accurately, keeping accurate inventory records also help in business planning and coordination itself. With accurate inventory records, it is easier for a company to plan its way forward. For example, if it is learnt from past inventory records that the company obtained its highest sales in the first quarter of the year and not the last quarter, it can plan to augment its sales personnel during this period. By employing several part-time and temporal workers, it can comfortably fulfill customer demands at such peak periods. Similarly, it can use the low- through periods to train its staff or allow them to take their vacations. Wilson (1995) has pointed out that susceptibility of materials planning systems to record errors reduce their effectiveness. Thus, in situations where remedial steps such as cycle counting programmes are not implemented to correct deficiencies, the performance of the company can seriously deteriorate. Helps in production scheduling The importance of keeping accurate inventory records to the producer in sourcing for raw materials has already been stressed. Another value such an undertaking brings to the producer or manufacturer is in the area of scheduling the production itself. Mass customization of goods has become the order of day in many market sectors and industries. Whereas this system de-emphasizes storage of goods, in some instances it depends on inventory records to determine whether a specific request should be manufactured or one is ready available to be sent to the customer. In that respect, accurate inventory records contribute greatly in scheduling production of goods cost-effectively. Helps in Inventory control. Accurate records help in controlling inventory itself. According to Lamb, Hair and McDaniel (2000) an inventory control system develops and maintains an adequate assortment of materials and products to meet the demands of manufacturers and the final consumer. If the input furnished the inventory is inaccurate, that deficiency can seriously affect the manufacturer and the customer alike. A typical example of this distortion is when too many goods are kept in the inventory. This development leads to increases in storage cost and in some cases losses attributable to theft and spoilage. In the same vein, when goods are under stocked, it can lead to severe shortages and also angry and unfulfilled customers. A reflection of Managerial capabilities The way and manner inventory records are kept in a company is also a reflection on inventory managerial capabilities of the management team of the company or the logistics and distribution department. If available records are full of errors and inconsistencies, it simply tells any cursory reviewer that sufficient supervisory oversight is not being administered. On the other hand, an accurately kept inventory records is indicative that the managerial staff are up to the task. Helps in warehouse management Warehouse management plays a vital role in the supply chain of some companies. They serve as an effective link between manufacturers and market intermediaries such as wholesales, middlemen, retailers, etc. Accurate keeping of inventory records constitutes an integral part of warehouse management. It is difficult to manage warehouses properly if records of inventory are not properly kept. If that occurs the warehouses could be receiving newer stock when in fact they should be rejecting on the basis of present stock levels. In like manner they could be rejecting stocks when they should be accepting them. Any of these scenarios place additional costs to the warehouse manager. In the same vein, it also makes the handling of materials difficult. Helps in the identification, sorting and labeling of goods Accurate inventory records helps in identifying, sorting and labeling goods (Lamb, Hair and McDaniel, 2000) either for storage or to the distribution and manufacturing centers. Goods that are properly identified sorted out and labeled are easier to handle than those which are not. They also save material handlers or workers valuable time and thereby increase their productivity. Helps in securing financial assistance As with every segment of a business entity, good record keeping, including that of inventory, helps greatly in securing financial assistance. For existing companies, the financing institution may review existing records to gain insight into how the company has been managed. If inventory records have been badly kept, it indirectly tells how the company has been managed. Furthermore, if management of inventory were one the criteria being used to decide whether financial assistance should be extended to the company or not, it is obvious that the company with an accurately kept inventory shall receive the assistance whereas those with improperly kept data refused the needed financial help. Inventory records themselves are also useful in the preparation of business proposals and plans for financial assistance. Helps in order processing Keeping accurate inventory records also helps in processing received orders correctly. If an order is received and the information is relayed to the manufacturing centre, whether that order gets fulfilled immediately depends on whether accurate inventory records have been kept. If the inventory records are inaccurate, the customer may be sold a good that does not match his requirements or the fulfillment of that order may be unduly delayed. Helps in Replenishment of stocks Accurate inventory makes replenishment of goods either at the warehouse or in store shelves easier to suppliers, be they manufacturers, wholesalers or retailers. Whereas, if doubts are expressed about inventory records, they make replenishment extremely difficult. The difficulty stems from the fact one is not entirely sure about the quantity of goods that should be supplied at any given period. Consequently, over- and under-replenishment becomes common. This development has cost implication to the supplier. For example, if goods are sent to their desired destination and it is found that there is no space to accommodate them because stock levels were understated, those goods would have to be transported back to the supplier. On the other hand, if inventory records were accurate, the goods supplied would be delivered with no extra cost to the supplier. Helps in lowering supply chain costs Generally, it has been established that accurate inventory records reduces order processing and supply chain costs (Cachon and Fisher, 2000). For example, if the time taken to identify inaccurate inventory records and have them rectified is 20 percent of the total time spent at customer-seller interface by the customer, that figure represents the extent of convenience and also loss of man-hours experienced by the customer and sales personnel, respectively. Helps in providing excellent customer service Accurate inventory records also help in providing excellent services to customers. It makes it easier for goods actually needed by customers to be known and supplied with. Furthermore, it enables the needs of customers to be identified and promptly catered for. It also prevents wastage of store shelves by filling them up with goods that are in great demand by customers. Conclusion From the foregoing account, it has been clearly shown that keeping a company’s inventory accurate is a valuable undertaking. Companies with inventory that adhere to set inventory practices reap several benefits, whereas those which do not incur losses. In an era where inventory building is being de-emphasized, the need for companies to keep their inventory records accurate has become even more paramount. How to cite What Is The Value Of Keeping An Accurate Inventory, Papers

Monopoly Market Structures

Question: Discuss about the Monopoly for Market Structures. Answer: Introduction: There are various types of market structures that exist in an economy. Some market structures consist of many buyers and many producers like that of perfect competition ensuring that no single buyer or seller affects prices whereas there are markets where exist only one seller and many buyers such that the seller can affect the price fixed. A market consisting of only one seller and many buyers is known as a monopoly market (Pindyck et al, 2009). A monopolist is the only producer of a product and the demand curve that the producer faces is the market demand curve which relates the price that the monopolist receives with the quantity that it offers in the market, thereby having sufficient power in changing the price or the quantity of the product. If the monopolist charges a higher price it may not worry about other competitors who might charge a lower price and can capture a large share of the market. But it must charge a specific price if it is with the objective of maximizing profits (Varian, 2010). The monopolist takes into consideration the many factors that come into the picture to maximize profits. It must determine the costs and the features of the market demand to decide how much it should produce and sell. The price that the monopolist receives per unit of the output sold is its average revenue whereas the change in revenue that occurs due to one unit change in output is the marginal revenue. The solution to the mono polists maximizing problem is the intersection point of the marginal revenue and the marginal cost, the point where it maximizes profit (Mankiw, 2007). In the figure below we see the demand curve denoted as D which is also the monopolists average revenue curve. We also have the marginal revenue curve MR and the marginal and average cost curves denoted as MC and AC respectively. At the output level of Q* the MC intersects the MR curve, i.e., here MC=MR giving the profit maximizing output of the monopolist Q* at price P*. To assure that Q* is the profit maximizing output, we shall take a point Q which is less than Q*, and set at a higher price P. As we see in the figure, in such a case the MR exceeds the MC, hence indicating that if the monopolist produces any quantity a bit greater than Q it would be able to get extra profits thereby increasing its total profit. Thus, it can keep on adding to its output increasing profits until it reaches Q* where the MC is exactly equal to the MR an d hence incremental profit by adding one more unit to the output is zero. This shows that Q is not the profit maximizing output for the monopolist and if it produces Q then it loses the part of profit shown in the red shaded area from its total profit if it would have produced Q*. similarly if we take a point Q which is greater than Q*, we see here the MC is greater than the MR indicating that if it produces a bit less than Q then it would increase its profit by the amount MC-MR, thereby it can go on decreasing output and increasing profit till it reaches Q*. The greater profit earned by producing at Q* instead of Q is shown by the shaded region in blue. Mathematically we have: There are certain advantages and disadvantages of a monopolistic market structure. Firstly the advantages of such a market structure are as follows: Monopolists can gain from economies of scale and can be natural monopolies. Domestic monopolies can earn high amounts of export revenues for the country by being foremost in their region and then penetrating into international markets. An example of this is the Microsoft. Some economists argue that monopoly power is required to create dynamic efficiencies and technological progressiveness because the generation of high profits via monopoly would boost research and development investments (Samuelson et al, 2010). Also large monopolies are more expected to bring forward innovations which results in low costs than competitive markets and monopolists being in dominant strong positions are capable to bear high risks that are associated with innovation. Monopolies also protect intellectual property through the barriers to entry preventing the free riders problem (Lipsey et al, 2011) and also enabling them to generate super-normal profits which when invested in research and development reduces costs through innovations and increases efficiencies. The disadvantages of a monopolistic market structure are as follows: Output is restricted onto the market Higher prices are charged by monopolists than that would be charged in competitive markets Economic welfare and consumer surplus is reduced Choices and preference of consumers are restricted Consumer sovereignty gets reduced (Economics Online). Hence, if we sum up the advantages and disadvantages we see that monopolistic market structures do boost research and development with high profits being reinvested to uncover ways to innovation thereby increasing efficiencies but we also see that presence of such market structures also bring forward a high deal of social costs as these entities charge much higher prices compared to the perfectly competitive markets. Monopolistic market structures hamper economic welfare by reducing consumer surpluses, restricting the choices of consumers to earn supernormal profits. References: Pindyck, R, Rubinfeld, D Mehta, P 2009, Microeconomics, Pearson, South Asia Varian, H 2010, Intermediate microeconomics, Affiliated East-West Press, New Delhi Samuelson, P Nordhaus, W 2010, Economics, Tata McGraw Hill, New Delhi Mankiw, G 2007, Economics: principles and applications, Cengage learning, New Delhi Lipsey, R Chrystal, A 2011, Economics, Oxford, New Delhi Sowell, T 2010, Basic economics, Basic books, USA Economics Online, Monopolies, viewed 18 August 2016, https://www.economicsonline.co.uk/Business_economics/Monopoly.html

Things They Carried Essays - The Things They Carried, Ann Richards

Things They Carried In the story ?Sweetheart of the Song Tra Bong" in The Things they Carried by Tim O' Brian Mary Ann Bell goes from one end of the spectrum to the other. Mary Ann is brought in by her high school sweetheart, Mark Fossie. They are destined to be married and live out the rest of their lives together. In a matter of weeks she is transformed from a cute, blonde high school girl to a ferocious animal of the jungle. Mark Fossie first toys with the idea of bringing her over from Cleveland and then goes through with it. "Listen, the guy sends her the money. Flies her over. This cute blonde- just a kid, just barely out of high school- she shows up with a suitcase and one of those plastic cosmetic bags. Comes right out to the boonies (pg.102)." She is very young, at most seventeen years old. She is pretty and has a great personality that all the guys appreciate. She is never afraid of the unseen horrors of the war. She thirsts for knowledge about everything around her. Mary Ann wants to know about everything and her desire for knowledge leads her to the loners of the war, the green berets. She starts by just going out on ambush with them then it progresses more. "The way she quickly fell into the habits of the bush. No cosmetics, no fingernail filing, cut her hair short and wrapped it in a dark green bandana (pg.109)." She breaks it off with Mark Fossie and doesn't want to leave the bush. She does stuff even the greenies wouldn't do. She stays with them until she eventually disapears. The greenies say she's still alive but they've never really seen her again. She was one with the jungle. She was young and innocent then became a ferocious hunter of the jungle. "She was dangerous. She was ready for the kill (pg.125)."

Sample Essay About a Movie

Sample Essay About a MovieA sample essay about a movie is a nice way to introduce a topic and get students thinking. It also helps if the subject of the assignment comes from the college or university course they are taking. However, the essay you write can vary widely depending on the course or level of interest. Here are some tips for writing a good sample essay.Start by identifying what your writing is going to cover. Is it a paragraph of text or an essay? Will you use your own words or the words of the teacher? For the essay, include your title, your thesis statement, a little history of the movie, and anything else you think is important. The paragraph is the area where you'll want to add in your thesis statement. You should also include at least one bullet point at the end of each paragraph to keep it from looking rushed.Fill in the rest of the sentence with information. Keep your content short but to the point. Remember, this is a sample and you'll be allowed to add in your ow n words. These facts can provide interesting examples that help you illustrate your thesis statement.Finish the sentence with a problem statement. This will show how you will solve the problem of the film. For example, you might say, 'When people walk into a movie theater and the first thing they notice is the poster of the movie, then I believe that the movie will be successful.' You can tell the problem using your own words or other means that you may choose from.End the last sentence by referencing the introduction and the thesis statement. If you really want to take things to the next level, you can include a link to the main body of the essay. By including all of these ideas together, you create a powerful essay that you can make a point in the semester and build confidence in your writing.As you can see, a sample essay can make for a more interesting topic for a class project and a refresher for the student who is taking the essay. Start with the one you feel most comfortable with and work from there.Writing a great essay is a good idea for any college or university. A sample assignment like this is well worth the effort. Use it as inspiration to write your best essay yet.

An Overview of the Gold Rush essays

An Overview of the Gold Rush essays California has always been associated with cutting edge development and ideas. For over a century and a half it has been the leader of what the rest of the country follows. No single event has been as groundbreaking (literally and metaphorically) as the Gold Rush of 1849. This historic event single-handedly connected the East to the West in what proved to be the perfect model of expansion. It was what brought hundreds of thousands of Americans and immigrants alike to the fast-paced, ever-changing world of California. To fully understand the history of the Goldrush, one must know what was actually happening before the lure of gold overwhelmed the country. In 1844, John C. Fremont ordered the U.S. Army to lead a scientific expedition to California. During a second trip in 1846, he encouraged ranchers located in northern area to revolt. These events lead to the seizure of Sonoma and the proclamation of a republic. The flag that they raised that year was a figure of a bear. It was not yet known that the Mexican War had started and that troops had been sent to quall the battles. According to the New Standard Encyclopedia, there was little fighting in the north, and the south was taken quickly under the forces of General Stephen W. Kearny and Commodore Robert F. Stockton (C38a). In 1849, Mexico ceded California to the United States. (New Standard Encyclopedia C-38 and C38a) One of the most little understood men of the gold rush, John Augustus Sutter, had fled from Switzerland to avoid his debtors in the mid 1800s. Abandoning his family and friends he came to America in hopes of making it big and making a fortune. In July of 1839 he arrived in California and acquired a land grant from the Mexican government. He dreamed of one day owning a vast empire of agricultural lands. It was a dream that ultimately ruined him. According to a biography done on him by California State Library, he built Sutters Fort ...

American Civil War - Battle of Oak Grove

American Civil War - Battle of Oak Grove Battle of Oak Grove - Conflict Date: The Battle of Oak Grove was fought June 25, 1862, during the American Civil War (1861-1865). Armies Commanders: Union Major General George B. McClellan3 brigades Confederate General Robert E. Lee1 division Battle of Oak Grove - Background: After constructing the Army of the Potomac in the summer and fall of 1861, Major General George B. McClellan commenced planning his offensive against Richmond for the following spring.   To take the Confederate capital, he intended to sail his men down the Chesapeake Bay to the Union base at Fortress Monroe.   Concentrating there, the army would advance up the Peninsula between the York and James Rivers to Richmond.   This shift south would permit him to bypass Confederate forces in northern Virginia and would allow US Navy warships move up both rivers to protect his flanks and help supply the army.   This part of the operation was shelved in early March 1862 when the Confederate ironclad CSS Virginia struck Union naval forces at the Battle of Hampton Roads. Though the danger posed by Virginia was offset by the arrival of the ironclad USS Monitor, efforts to blockade the Confederate warship drew off Union naval strength.   Slowing marching up the Peninsula in April, McClellan was fooled by Confederate forces into laying siege to Yorktown for much of the month.   Finally continuing the advance in early May, Union forces clashed with the Confederates at Williamsburg before driving on Richmond.   As the army neared the city, McClellan was struck by General Joseph E. Johnston at Seven Pines on May 31. Though the fighting was inconclusive, it resulted in Johnston being severely wounded and command of the Confederate army ultimately passed to General Robert E. Lee. For the next few weeks, McClellan remained inactive in front of Richmond allowing Lee to improve the citys defenses and plan a counterattack. Battle of Oak Grove - Plans: Assessing the situation, Lee realized that McClellan was forced to divide his army north and south of Chickahominy River in order to protect his supply lines back to White House, VA on the Pamunkey River.   As a result, he devised an offensive that sought to defeat one wing of the Union army before the other could move to provide aid.   Shifting troops into place, Lee intended to attack on June 26.   Alerted that Major General Thomas Stonewall Jacksons command would soon reinforce Lee and that enemy offensive action was likely, McClellan sought to retain the initiative by striking west towards Old Tavern.   Taking the heights in the area would permit his siege guns to strike at Richmond.   To accomplish this mission, McClellan planned to attack along the Richmond York Railroad in the north and at Oak Grove in the south. Battle of Oak Grove - III Corps Advances: The execution of the assault at Oak Grove fell to the divisions of Brigadier Generals Joseph Hooker and Philip Kearny from Brigadier General Samuel P. Heintzelmans III Corps.   From these commands, the brigades of Brigadier Generals Daniel Sickles,  Cuvier Grover, and John C. Robinson were to leave their earthworks, pass through a small but dense wooded area, and then strike the Confederate lines held by the division of Brigadier General Benjamin Huger.   Direct command of the forces involved fell to Heintzelman as McClellan preferred to coordinate the action by telegraph from his headquarters in the rear.   At 8:30 AM, the three Union brigades commenced their advance.   While Grover and Robinsons brigades encountered few problems, Sickles men had trouble clearing the abatis in front of their lines and then were slowed by the difficult terrain at the headwaters of White Oak Swamp (Map). Battle of Oak Grove - A Stalemate Ensues:               Sickles issues led to the brigade falling out of alignment with those to the south.   Recognizing an opportunity, Huger directed Brigadier General Ambrose Wright to advance with his brigade and mount a counterattack against Grover.   Approaching the enemy, one of his Georgia regiments caused confusion among Grovers men as they wore red Zouave uniforms which were thought to only be used by some Union troops.   As Wrights men halted Grover, Sickles brigade was repulsed by Brigadier General Robert Ransoms men to the north.   With his attack stalling, Heintzelman requested reinforcements from McClellan and informed the army commander of the situation.    Unaware of the specifics of the fighting, McClellan ordered those engaged to withdraw back to their lines at 10:30 AM and departed his headquarters to inspect the battlefield personally.   Arriving around 1:00 PM, he found the situation better than anticipated and ordered Heintzelman to renew the attack.   Union troops moved forward and regained some ground but became entangled in an inconclusive fire fight that lasted until nightfall.   In the course of the battle, McClellans men only managed to advance about 600 yards. Battle of Oak Grove - Aftermath: McClellans final offensive effort against Richmond, the fighting at the Battle of Oak Grove saw Union forces suffer 68 killed, 503 wounded, and 55 missing while Huger incurred  66 killed, 362 wounded, and 13 missing.   Undeterred by the Union thrust, Lee moved forward with his planned offensive the next day.   Attacking at Beaver Dam Creek, his men were ultimately turned back.   A day later, they succeeded in dislodging Union troops at Gaines Mill.   Beginning with Oak Grove, a week of constant fighting, dubbed the Seven Days Battles, saw McClellan driven back to the James River at Malvern Hill and his campaign against Richmond defeated.       Selected Sources Civil War Trust: Seven Days BattlesCWSAC Battle Summaries: Oak GroveHistory of War: Battle of Oak Grove

Effects of the Westward Expansion of the Colonies of the United States Essay

Effects of the Westward Expansion of the Colonies of the United States - Essay Example Gradually the Americans moved far into the west in search of fertile lands irrespective of being converts to Christianity or having religious freedom. They even began trading with the Indians, which led to several treaties with them. Inspite of these peace treaties war continued as the Indians hardly assumed to be bounded to treaties and the US government was loyal to its duty of protecting the movement towards the west. In 1848 San Francisco was a small region, which grew into a big city based on rapid commercialization, and industrialization while the mining industry became popularized. The move towards the west was initiated owing to a search for new and better opportunities in terms of land for farming and jobs to survive. The Midwest became the attractive zone for the settlers and the industrial revolution encouraged commercialization. The proprietors of the lands began to promote their commodities by proving adequate connectivity with the east. As the forest areas became reduce d in the east during 1849 the lumber industry moved westwards to Michigan and Minnesota. This would ensure they were not moving away from civilization. Again, the professions gradually shifted from farming to other activities like lumbering and mining. Industrial revolution brought about machineries, which saved labor, and farming became smoother.

Pestel Analysis, Political and Legal Factors Research Paper

Pestel Analysis, Political and Legal Factors - Research Paper Example This essay will therefore present a pestle analysis for college Hunks Hauling Junk Company. Political and Legal Factors The government has interests on how businesses are run. This interest is experienced through direct and indirect control of business by the government. Political and legal processes in a country are the main channels through which the government influences an industry. The government has interest in the running of business due to its social responsibilities. In particular, the federal government, local author and state governments have an interest in the junk industry due to their assumed responsibilities. The risks associated with the junk business are the main cause of government’s interest in the industry. Such risks are concerned with the safety of the employees as well as the environment. In response to the need of protecting the environment and people, the government has established the relevant legislations and policies. These laws and policies form th e legal factors that affect the industry. The Environment Protection Act was specifically established to protect the environment from harmful effects resulting from uncontrolled business practices. This Act has provisions that regulate waste management, recycling, and disposal. Such policies will have an effect to the company that will be felt through regulations on its business. Protection of employees from exploitation by employers is the responsibility of the government. The junk industry is labor intensive and therefore employees form a major part of junk companies. Employment laws of the United States are applied by the government to regulate employment with emphasis in protection of employees from exploitation. The company is therefore expected to be conversant with these laws and their implication in the business. The junk industry has disposal of wastes as a major part of their day-to-day operations. Companies in the junk industry are also involved with recycling as part of their strategic management. Recycling and disposal of waste are processes of interest to the authorities especially the local government. In response to the two activities, the government has established environment protection measures through relevant laws and policies. The legislations and policies are mainly concerned with the disposal and recycling of hazardous wastes. Due to its operation scale, College Hunks Hauling Company needs to consider these legislations and policies. Economic Factors Economic factors in an industry are factors that determine a business’s rate of success in the industry. These factors affect availability of capital, operation cost and the demand of a company’s products (Grant 95). Consumption is an important process in sustenance of business and therefore factors that affects people’s consumption affects business operations. The disposable income of a country gives a measure on how much the consumers are able and ready to spend at a particular time. The company will therefore be affected by the variations in the consumer’s consumption power resulting from the level of disposable income of a country. Currently, the United States’ level of disposable income per household is slightly above 10%. This is a significant figure compared to the current taxation rates and the spending rates experienced in previous years. The junk industry depends on the rate at which people replace their old and worn out

Effectiveness of Non-Executive Directors Essay -- Senior Management, N

The effectiveness of non-executive directors is becoming to be seen as critical for the contribution to the effectiveness of corporate governance in providing investor protection. Relevant situational and sectoral experience enhances the effectiveness of non-executive directors. Jebb (1998) cited in Ahwireng-Obeng, Mariano and Viedge (2005) suggests that it is a better strategy to hire non-executive directors who have experience in similar as well as other sectors and situations that the company is likely to face than search for a particular expertise in a director. According to Pincombe (2000), this enables the utilisation of specialist skills in different fields and the broadening of experience (Ahwireng-Obeng, Mariano and Viedge, 2005). To a certain extent, the tenure of service also has impact on the effectiveness of non-executive directors. Feldman (1992) is of the view that a board that services a business well today may not be qualified to lead it five years from now as markets and products evolve. Therefore, the appointments of non-executive directors should be for a specific term and new members should be appointed as and when needed. One suggestion is that by serving for more than ten years, the board member tends to become too close to senior management to provide objective oversight (Ahwireng-Obeng, Mariano and Viedge, 2005). However, this could provide the in-depth knowledge and institutional memory that a new board member has to work hard to acquire (Fleming, 1998 cited in Ahwireng-Obeng, Mariano and Viedge, 2005). As for the selection and appointment, â€Å"good boards do not just ‘happen’; they are carefully constructed working teams† (Vennat, 1995). In other words, it is by selecting and developing appropriate indiv... ...m their duties, particularly those sitting on the Nominations Committee, Remuneration Committee and Audit Committee on an irregular basis, meeting only a few times a year (Pass, 2008). Due to limited time of involvement, non-executive directors could be too "remote" from internal decision-making processes to make an effective contribution and lack of information. The effectiveness of non-executive directors would be undermining when they are uninformed about the challenges they face. Hurley (2000) cited in Ahwireng-Obeng, Mariano and Viedge (2005) suggests that making the following list of information available to non-executive directors can contribute to their focus and productivity: board policies, committee guidelines, board minutes, authority annotations, contract summaries, organisational charts, member surveys and analyses, and programme or project analyses.