Case study 2 negotiation Essay Example | Topics and Well Written Essays - 750 words

Case study 2 negotiation - Essay Example In this case, the supervisor is fast to dismiss Danya’s application. According to Dwyer (2011), â€Å"Power is a useful tool in the negotiation process; however, if you misuse it or refuse to use it appropriately, the likely result is tension and conflict† (p. 154). The tension between the supervisor and Tanya came about as the supervisor used the power that he had over her to dismiss her application, and made comments that were not pleasing at all. If the supervisor had listened to Danya’s positions and interests, he would have approached her in a calm manner that would not have threatened the relationship between them. This case study looks into the cause of the problem and how it impacted on the main participants. It also suggests and evaluates some solutions, recommends the best solution and explains how to implement it by using the â€Å"negotiation theory ". Analysis of the problem The problem can be analyzed by examining the negotiation approaches of Dany a and her supervisor. The problem occurs because both parties have interests to meet and the two are not keen to consider the other party’s point view. Danya’s interest are visiting her grandchild and wants to do so by taking advantage of the flight promotion so as to pay less for the flight. Danya’s optimism of getting the leave and an addition of two weeks leave get thwarted and she gets devastated because of the rejection. The supervisor on the other hand has a contract that has a limited deadline and needs Danya’s support because she happens to be one of the best worker. The problem ensued as the two parties could not agree on what should happen. The supervisor is stern on his decision and rejects her application without giving Danya a chance of explaining herself as to why she needed to have her break at that time. Furthermore, he acts out of the stress of the contract and allows the stress to overcome his thoughts and emotions and is quick to make n egative comments about Danya. According to Leimbach (2011), â€Å"Paying attention to interests helps uncover the "why" behind a position.† (p. 36). If Danya had listened to why the supervisor was not willing to grant her the leave, she would have understood him and there would not have been any problem. Danya also assumes that her being the best of the employees would definitely make the supervisor grant her, her wants. She was not ready for any outcome and was not flexible to allow herself take in any outcome of the application. She is quick to judge the supervisor’s actions and believes the company does not recognize her excellent performance, which makes her to burst out. She is also frustrated that she will lose the money of the ticket she’d already paid for. She feels disappointed when her request is turned down by the supervisor who tells her that she is not showing any commitment to the company. According to Jenkins (1997), â€Å"with a principled negot iation approach, the salesperson focuses on the problem and how to solve it† (p. 30). In this case, instead of getting frustrated by the way the supervisor acted, she ought to have thought of how the misunderstanding of the supervisor thinking she has no commitment to the company would get settled. Range of solution The problem can be solved by number of ways. First of all, the supervisor should give Danya an offer of paying for her flight if she cooperates with them to meet the deadline. The other solution would be that Danya gets a

Good V. Evil Essay Example for Free

Good V. Evil Essay The Strange case of Dr. Jekyll and Mr. Hyde represents a conflict between good and evil. One character (Jekyll) is determined to keep his impulses in check and ignore temptations, while the other character, Mr. Hyde, is brazen and submits to any temptation or impulse. The four main characters in the story are all men of similar social class who are capable of keeping their impulses in check and denying the temptations of evil. In the case of Dr. Jekyll however, Dr. Jekyll is not able to say no to the evils and uses an alternate identity to unleash the monster from within. The story of Dr. Jekyll and Mr. Hyde can be easily related to the reader, as everybody knows the temptations of evil and the pleasures that both good and evil can bring somebody. Dr. Jekyll experiences strong tendencies of both good and bad. Unlike most men of Dr. Jekylls age and geography, Jekyll cannot keep himself from indulging in the pleasures that the evil side can provide. Jekylls trip into extreme evil (Mr. Hyde) is partially due to the fact that he has lived such an acceptable and exemplinary life in the past and he holds himself to a higher standard than some of his collegues. Robert Louise Stevenson describes Dr, Jekyll as a man who his friends were those of his own blood or those whom he had known the longest. (Ch1. P2) Dr. Jekyll seems to only trust those whom he was most comfortable with and does not let people that he barely knows too close into his life. It is possible that Dr. Jekyll did not reach out and become friends with too many people because he was aware of the evilness that was lurking inside of him. The attitude of Dr. Jekyll is described in the opening paragraph as at friendly meetings and when the wine was to his taste, something eminently human beaconed from his eyeStevenson. Could it be possible that Dr. Jekyll was aware of the evil secret life that he hides from the real world? It appears that there was something a little strange about Dr. Jeykll that others couldnt exactly figure out yet. Mr. Enfield is asked by Mr. Utterson to describe Dr. Jekyll so Enfield describes Jekyll as somebody who I never saw a man I so disliked. he gives a strong feeling of deformity, although I couldnt specify the pointStevenson,pg. 1680. The bad side of Dr. Jekyll is evident just by his demeanor although it is nothing compared to the evilness of Mr. Hyde. Mr. Hyde represents the dark side of Dr, Jekyll. Hyde only comes to life when Jekyll takes the drug that brings him out. The drug that unleashes Hyde at first makes Jekyll feel terribly sick but shortly after, Jekyll feels incredible and almost as though he is not human. Jekylls evil fantasies and impulses become a reality after he takes the drug. The drug makes Jekyll feel like he is a whole different person and that allows him to do whatever evil things he wants to do. The good in Jekyll is only returned if he takes an antidote. Just like many other people there is a constant struggle between good and evil of our everyday lives. People who struggle with drugs or alcohol or any other worldly temptations live a similar life to the one that Dr. Jekyll lives. Life is not easy for anybody and sometimes people need to escape their reality for a little while by taking a drug just like Jekyll does. Stevenson does well in creating a parallel between good and evil that people can relate to in their everyday lives. Stevensons story is very similar to a modern film called Limitless staring Bradley Cooper. In Limitless, Cooper, a young man struggling to pay his bills, tries a new drug that gives him extreme brain power which he uses to achieve great wealth and success. The success is only attainable with the use of the drug and without the drug, Cooper becomes sick and very weak, similar to what happens with Dr. Jekyll when he is without the drug. Just like Jekyll, Coopers health starts to dwindle as the supply of drugs becomes smaller and smaller. Stevenson is perhaps trying to teach the reader a valuable lesson in saying no to the temptations of evil. These temptations can often be difficult to ignore. Stevnson seems to suggest the Dr. Jekyll is the victim of a split personality disorder which was a new concept during the Victorian age. The only difference between Dr. Jekylls condition and a split personality disorder is that in the case of somebody suffering from split personalities, the person is aware of the other personality and can bring this person out willfully. Mr. Hyde however, cannot control Jekylls personalty and is not even aware of him. Dr. Jekyll is aware of Mr, Hyde though and understands the evilness that Mr. Hyde causes when Jekyll loses control and takes the drug too much. Mr. Hyde begins to take complete control Stvenson might be suggesting that even if a person is good, once they give into their evil tendencies there is no trunigng back. When Dr. Jekyll starts to flirt with hs bad sidem he begins to lose control of his personality and he eventually loses his friends and good nature. Stevnson displays the power of good will and the consewuences of even the first approach at evil. Once somebody is indulged into a bad habit, they can let their abad habit take control of their lives and it becomes extremely difficult to come back from the evilness once it has become a major part of your life. Dr. Jekyll says, with every day and from both sides of my intelligence, the moral and intellectual, I thus drew steadily nearer to the truthby whose partial discovery I have been doomed to such a dreadful shipwreck: that man is not truly one, but truly two Stevenson. Jekyll is describing the affects of his choices and how he is now truning into his bad side for good because that is the person that he has become. Stevensons main goal in writing this story is to create horror and excitement for the reader. He leaves the reader to draw their own conclusions about the message in the story but it is clear to me that this story is about human nature and the batte of good vs. evil. Once a human gives into their temtations they are more likely to indulge in these evil deeds again and again. Dr. Jekyll tried a drug that made him into a different person and he enjoye giving into his evil tendencies. Eventually these evil tendencies took control over Jekyll and he became too evil to return to the good natured Dr. the his colleagues knew.

Argumentative Essay: We Must Eliminate Animal Testing :: Argumentative Example Essays

The practice of using animals for testing has been a controversial issue over the past thirty years. Animal testing is a morally debated practice. The question is whether animal testing is morally right or wrong. This paper will present both sides of this issue as well as my own opinion.   Ã‚  Ã‚  Ã‚  Ã‚  Approximately two to four million animals have been used in safety tests. Safety tests are conducted with a wide range of chemicals and products, including drugs, vaccines, cosmetics, household cleaners, and packing materials. This raises issues such as the ethics and humaneness of deliberately poisoning animals, thus harming them, for the sake of marketing a new cosmetic or household product.   Ã‚  Ã‚  Ã‚  Ã‚  The Humane Society of the United States promotes research methods that can potentially replace, reduce, or refine animal use so that animals experience less suffering. An opinion poll was taken by the HSUS on September 23, 2001 on pain and distress in research. The findings were that 62% of people would approve of testing if little or no pain was experienced by the animals, while 75% disapprove when severe pain is experienced.   Ã‚  Ã‚  Ã‚  Ã‚  There is a moral blind spot in the treatment of animals that enable us to justify the cruelties for the perceived benefits of humans. Animals are living things. They have lungs which breathe, hearts which beat, and blood that flows. In fact, animals sense of smell, sight, and sound is much more acute than our own. Therefore, we can assume that their sensitivity to pain is at least equal to ours. According to Hippocrates, â€Å"The soul is the same in all living creatures, although the body of each is different.† This can go with the Duty Theory that states that every individual gets treated the same. The intentions of animal testing is not to harm the animals, but that is exactly what it does. In opposition of Hippocrates, others believe animals cannot be entitled to rights because they have no understanding and that testing on them is a necessity. A treatment to prevent scarring and loss of vision after glaucoma surgery will soon be tried on patients. This was made possible using rabbits. Following successful studies on mice and rats, a vaccine for malaria is now being tested on people. There is a wealth of evidence showing that animal â€Å"models† are not accurate and cannot be relied upon for safety testing and disease research. Scientists and doctors recognize that while animals are biologically very similar to human beings, they are not identical.

Jealousy Snow White

Jealousy in Snow-White Few people can grow up within today's society without knowing the tale of Snow White. From the Grimm Brothers to Disney, it has been told and retold to children throughout the ages. However, what is often overlooked are the true meanings within the story. Fairytales typically have underlying messages that can be found between the lines, generally in terms of the key themes. Snow-White discusses the theme of jealousy, and shows how humans' obsessions of material can lead to their own downfall as well as the harm of others. When focusing on the relationship between Snow-White and her stepmother the Queen, it is evident that the jealousy inside the story results in a power struggle in which beauty and pride are seen as the basis for the stepmother’s envy towards Snow-White. â€Å"This gave the queen a great shock, and she became yellow and green with envy, from that hour her heart turned against Snow-White, and she hated her. † Throughout the story of Snow-White jealousy is omnipresent. The major evidence of jealousy is the daily ritual of the queen in which she consults her magic mirror on who is the most beautiful person in the kingdom. As she says, â€Å"Looking-glass upon the wall, who is the fairest of us all? † she repeatedly expects to be in her favor. One day she is outraged when it appeared that Snow-White surpassed her. This information drove the queen to hate Snow-White and generates jealousy and soon she ordered her death. By looking at beauty as commodity through which power can be gained, this action can be interpreted as a mean for the queen to preserved her power through beauty. The stepmother is very narcissistic and obsessed with power, she constantly wants to be the center of all the attention. She is afraid that snow white will gradually take her place as the most beautiful woman in the kingdom. As a result, she fears that Snow-White could use her beauty in order to usurp power from the queen and surpasses her. After all, snow white was young and beautiful, and the queen would only deteriorate with time. In the story, the pride of the queen was to be the most beautiful of the kingdom. Indeed, â€Å"Pride pumped in her like a poison. † Until one day, the mirror replied â€Å"queen you are full fair, its true but snow white is fairer han you. † This statement is a turning point among the story. She becomes green with envy and obsessed by the desire of killing Snow-White. Jealousy seized the queen one more time as she could not stand not to be the best. This time, more than her rank and the fear to loose her power, she is loosing her own pride and is jealous about the fact that she is not THE most beautiful woman. She was very obsessed to be the fairest, she bel ieved in her mirror and was enraged that, â€Å"snow-white was a thousand time fairer than the queen would never be. Her extreme jealousy towards snow-white pushed her to madness, and non-human behaviors. She eats the heart and liver of a beast believing that they are snow-white’s organs. Another interpretation we can give to the story could be what Snow-White represents to the King’s eyes. Snow-white is the daughter of the King and the former queen. This is making the queen particularly jealous in two ways. First, she is probably annoyed that she is the daughter of another queen and that herself doesn’t have any child. It is an opposition of blood between stepmother and stepdaughter. In the other hand, the jealousy comes from that snow white will naturally generates interest to the king as she is his daughter. The queen would not want to share her husband with her stepdaughter. To sum up, jealousy of the queen in the story of snow white is absolutely outrageous. The obsession of the queen and her extreme jealousy leads her to madness and crime. She commits act of cannibalism and repeatedly attempt to kill Snow-White. Her sins took her to her own downfall as she is the one that finally dies in the story. The story teaches us a lesson, not to be vain, and be blessed with what you have instead.

“First Party at Ken Keseys with Hells Angels” and ”The Great Gatsby” Essay

In both Allen Ginsberg’s poem â€Å"First Party at Ken Keseys with Hells Angels† and Chapter 3 of F. Scott Fitzgerald’s novel The Great Gatsby, there are scenes of an exclusive, extravagant, fun party. Both writers employ a series of literary techniques in order to help convey their theme. The use of characterization and establishment of the setting of their parties in both works help depict a common theme that everything is not as it seems. This is shown in Kesey’s poem through his imagery when establishing the setting and his characterization of the partygoers. In The Great Gatsby, the setting shows a lot of the partygoers, but the way the author characterizes Jay Gatsby, the host, strongly reinforces the theme. Upon reading the poem and the chapter there are many parallels between the two when the way the author establishes the setting is analyzed. For one, they both have guests entertain by a prime party location better seen as â€Å"the huge wooden h ouse† or â€Å"Gatsby’s mansion†. Having a large venue allows there to be lots of guests which is another attribute to these parties. When it becomes evident in the poem that some of the partygoer’s don’t belong, the theme is strongly reinforced. It states that â€Å"children sleeping softly in their bedroom bunks.† From the description of the party, with all its drugs and alcohol and loud music, this is not a space for children. This could be an explanation for the presence of â€Å"4 police cars parked outside the painted gate.† This contributes to the whole idea that things have gone awry, and that the police had to come in to deal with it. This fact reveals a dark side to scenario created in the poem, and shows that everything is not as it seems. In The Great Gatsby, as Nick watches Gatsby’s parties closer, he realizes that â€Å"people were not invited—they went there†, revealing a different side to this scenario. The fact that people just show up willingly to his parties means that there is an alternate motive involved in this hospitality to complete strangers. It implies that the random people will not be turned away, creating a meeting ground for many, many different kinds of people, each here for a different purpose. Upon analyzing the setting and mechanics of each party, though they differ in the types of attendees, they show that there is a lot going on behind the scenes and thus everything isn’t as it seems. The types of attendees play a huge role in the development of the theme in each work. In Ginsberg’s poem it can be inferred that it is an after party for the band Hells Angels. These performers are seen as â€Å"tired souls hunched over in black leather jackets,† implying they are weary and either asleep or almost there. This stays consistent as it continues to talk about a tired, â€Å"skinned man sweating, dancing for hours† meaning that all the partygo ers are exhausted and the effect of the party is strongly shown. Another take on this is that something seriously wrong had happened and the tired men and women, lying there sleeping are the cause of something sinister. This explains the fact that the police are present and that at this supposedly â€Å"normal† party things aren’t so easily decrypted. In Fitzgerald’s novel the character who most strongly supports the theme is the host of the party himself. While Nick and Jordan Baker are roaming the party, they pick up many stray rumors about Jay Gatsby, hearing that â€Å"he killed a man once† or that he â€Å"was a German spy during the war†. All of these negative denotations to Gatsby’s image lead one to believe that he is in fact a bad person, and there must be something in it for him to throw these ridiculous parties. Upon meeting the fellow, Nick sees him as just the opposite of that making note of his incredulous smile. Nick becomes entranced in wanting to know more about Gatsby, but he still does not believe anything that he is being told. This still leaves Gatsby as the mystery man, and can be used as an example to show that at this party, even the host may not be who he seems to be. In conclusion, through their use of diction to develop the setting and the way characters are described, Allen Ginsberg and F. Scott Fitzgerald effectively convey this theme in both of their works. Ginsberg focuses more upon the way that the scene is set up and the actions of the characters as a whole. In contrast, Fitzgerald focuses on the development of a single character, the scene revolves around him and the way that the reader infers he is using the party. In different ways both works clearly exemplify a common theme that everything is not as it seems.

Marriage and courtship patterns in essays

Marriage and courtship patterns in essays The basis of a Chinese citizens importance is highly based on that individuals marriage situation. To be married and to have born male children is often the most important thing to a man besides his land or career. Without marriage a man is often looked down upon by society. On that note, a woman is looked upon as a whore if she is not wed, but has little or no say in her marriage and some times neither does a man. A mans father usually chooses a wife for his son unless his son goes to find one himself. The amount of wealth you have helps decide what kind of a woman you are going to wed. In many situations poorer men married slaves of Great Houses or the daughters of poorer families. If a family had more money then they usually wed daughters of families that had more money. Those that lived in a Great House usually didnt marry because there were many slaves in the House that were used to serve the lords. Once the wife was chose the father must go to the keeper of the woman, whether it is her father or owner, and ask for permission. If given permission the father and son must prepare a dowry for the future wife (9). After receiving the dowry the two will be wed when both guardians feel they are of the right age. When the day of the wedding comes the man will prepare himself for his wife (5). He will clean himself up and then if he has not already done so he will go buy food for a feast (11) that is hosted by the groom for his relatives and neighbors. The groom will then travel to his wifes parents or guardians house to take her back to his own house (13). After the wedding is over the goal in the marriage is merely to have children. Most of the time the two that are wed do not love each other, instead they have a common respect for one another to have children. If a male was born the woman was thought of as a good wife (38), if a female or a slave was born then the wife was looked down upon (65). ...

Zara Fast Fashion Case Analysis Essays

Zara Fast Fashion Case Analysis Essays Zara Fast Fashion Case Analysis Paper Zara Fast Fashion Case Analysis Paper In 1 975, a Spanish entrepreneur first opened Ezra as a retail store in La Crouch, Spain. He then created the corporate group, Inedited. Inedited had become one of the worlds largest specialty retailers; it had six different chains, through which Inedited designed, manufactured, and sold apparel, footwear, and accessories for women, men, and kids around the world. Stability distinguished Inedited from other apparel retails. Although Inedited had become a public company with increasing stock price and high margins, Inedited always aimed to become a very sustainable company rather than cost profitable one in the world. Ezra was the largest and most internationalization chain for Inedited. Its headquarter was located in Artesia, Spain. Ezra was well known for its success in creating fast-fashion by selling fashion items at affordable prices and responding the market trend very quickly. Its business system and international expansion had become Indiess proudest decision. Inedited became increasingly international after 2001. It announced that Saras strategy in international expansion was the main reason for the groups sales growing globally. Ezra was no doubt the ash cow and key business for Inedited. However, Ezra itself faced some difficulties when expanding internationally. The differences in cultures and regulations made the expansion much riskier. After its failure in Italy in 1998, and competitors failures in U. S. Market, Ezra and Inedited had to be more concerned and careful about entering into a foreign new market. Moreover, top management in Inedited started to think about further plans for the group. Managing six different chains, they planned to develop other chains (or new chains) into a star business as successful as Ezra. This report will focus on loving Saras international expansion issue, as Ezra was so far the largest business for Inedited, and its issue was relatively urgent. After Ezra establishing a sustainable and more successful long-term international business, Indiess other chains could learn from its experiences. Inedited would be more capable and confident in managing and developing other chains into another large and international model like Ezra. ISSUE STATEMENT Inedited had to allow Ezra to expand and develop primarily, in order to grow into a stable and large organization rather than only focusing on home business (focusing in Spain). But International expansion was very expensive, and not that easy as different countries had different regulations, cultures, market demand and preferences. Large apparel firms like Ezra, H and Benton had met difficulties attempting to enter foreign markets. Meanwhile, Ezra had almost covered the whole market in Spain; in order to grow, it demanded larger market outside the home country. Thus, the issue statement discussed in this report is the future geographic focus for Ezra: Which foreign market should Ezra focus in its international expansion, and what are the strategies to enter the market? SITUATION ANALYSIS Saras Business System Ezra was the largest and most internationalization of Indiess chains, which are six independently operated chains and was responsible for their own strategy (Ezra, 8). In 2001, Ezra generated 85% of Indiess earnings and 76% of total sales. It generally targeted medium and high-income level and fashion sensitive consumers; while the income level of target market may be different in different countries. It was the leader in the fast fashion industry. The business system distinguished Ezra from other retailers, and enabled it to have a quick response to the market and fashion trend. Saras success came room its highly vertical integration strategy. It owned different levels of supply chain, from design, sourcing and manufacturing distribution and retail. This strategy allowed Ezra to better control the performance and quality of product, be highly efficient in delivering consumers preferred product to the market. Saras goal was to create a sense of scarcity, and to offer consumers fashionable product with reasonable quality and affordable price. The vertical integration strategy contributed to this goal by shortening the cycle time from design to retail to four weeks (over 6 months for the traditional industry), educing the working capital intensity, and reducing the inventory pressure. Design Ezra had three product lines: women, men and children. All of them had their own creative designers, sourcing and product development specialists. Several dozens items were designed each day, but only 1 13 of them would actually go into production (Ezra, 10). Ezra designed almost all products in-house. The designers cooperated well with store managers, and used an advanced technology system to track the data to analyze the market trend. Sourcing Manufacturing Ezra had purchasing offices in Barcelona and Hong Kong to help it source fabric, other inputs, and finished products from external suppliers. It bought endued fabric in order to adjust with the most recent updating in fashion trend. Ezra outsourced the production of basic item (price sensitive but time insensitive), and produced the fashionable item (40% of products) in-house for better control and quality. Large amount of outsourced goods were from Europe, so that Ezra saved time in transportation process. Only 20% of finished garments were manufactured in Asia, while H outsourced nearly all of the products to Asia. Distribution Majority of Saras sewn garments were produced in small workshops and sent to Saras centralized distribution. It was located in Artesia. Ezra only allowed most Of the products to Stay there for a few hours. Third-party delivery services shipped the items twice a week to stores over the world, mostly by truck. Only 25% was shipped by air because it was expensive. Retailing The price of Saras products was relatively low, and Ezra located its stores in prime areas of different cities. Ezra saved costs by investing little money in advertising and by efficient, vertically integrated supply chain. Ezra maintained a competitive price in every market. Although prices in different countries varied due to transportation cost, tax and exchange rate, the advertisement promotion strategy was generally maintained in every country. Store managers played a significant role. Ezra offered them large power to manage the store like their own business, and also offered high compensation and bonus as incentives. They provided critical data and feedback to designers and contributed to the design process; they were responsible for the selecting and training in-store personnel; they also made decisions on ordering and store operations. International Expansion After 2001, Ezra had 282 stores in 32 foreign countries, it had most foreign stores in Europe and only 5 in Asia (Japan). Ezra owned the stores in less risky and large market, but the costs would be higher. Ezra used franchising to enter small, risky markets with cultural differences and regulation barriers. Ezra used joint venture when the market was large and important but with barriers. STOW Analysis of Saras Business Strength The fast fashion concept, quick response and sense of scarcity were attractive to the consumers. The price was relatively low and competitive. The business cycle time was short from design to retail. Inventory was controlled low. The designers were creative. The strong centralized distribution system and vertical integration were distinctive feature of Saras business and made it hard for other brands to copy. Weakness Promotion was weak compared to HM, due to little advertising investment. Production or outsourced costs were relatively high, as HM outsourced mostly to Asia while Ezra focus more on Europe manufactures with higher costs. Since there was only one distribution center, there might be discomposes of scale if Ezra developed more stores. The only distribution center may not have enough capacity to handle too much stores around the world. It would also be risky to handle all items in one center. The goal of low inventory sometimes could not satisfy the demand. The joint venture agreement with foreign partners was sometimes complex in responsibilities, and there were risks that Ezra had to buy out the partners interest. Also, under international expansion, store managers would be hired from different countries and may not understand Saras concept well. Thus they may not operate Saras business in an efficient and standardized way. Purport unity The potential market was very large because apparel industry was needed in every country. The Internet was increasingly popular since 2000 and might be a new chance to promote brand or to reach customers. Threats Competitions was all around the world. There was direct competition with local firms. And many of the large apparel retailers were considering entering into international expansion. The product design was easy to copy. There would be social, cultural, political, economic and regulation differences if entering into foreign new market. ALTERNATIVES ANALYSIS 1. Fully focus on European market 2. Expand aggressively into North American and Asian market 3. Expand globally, specifically, cover European market in a more aggressive way than other places in short run, then in long term open more stores in North America and Asia. Alternative 1: Fully Focus On European Market Pros The European market was lucrative. Ezra had most of its foreign stores in Europe so far, thus it would had more experiences. The home country and distribution center were both in Europe, which would save more time and made the business easier to control. There would be less cultural differences. The consumers preference into fashion was more similar within Europe than other countries oversea. The major potential market could be Greece, Sweden and Italy. Italy was the largest single apparel market in Europe, its consumers visited apparel stores more frequently and they Were more fashion conscious (Ezra, 19). Saras distribution center and current distribution system allowed it to operate well in Europe, as most of the shipping would be using truck (inexpensive), and most of Saras manufacturers were in Europe. Cons Some of the markets like Italian market were difficult to enter alone due to the regulation barriers. Ezra failed for the fist attempt entering Italy in 1998. The barrier required Ezra to enter with joint venture agreement with a large local partner, which may also be Saras competitor. Europe was relatively small compared to Asia and America. Since Ezra had opened its foreign stores in around 20 cities in Europe after 2002, the potential market that could be further explored in Europe was even smaller. Major competitors like H, Benton were all European companies. Alternative 2: Expand Aggressively into North American and Asian market Pros These two markets had larger population, and were relatively rosaceous compared to South America or Africa; hence the sales could be high. They had less apparel cultural differences compared to the Middle East. Cons Costs would be high especially in terms of marketing, research and transportation. Ezra had very limit experiences in certain larger cities in these markets (e. G. Had only entered Japan for Asian market) and did not know those markets and consumers well. The designs were the same for all stores, but consumers preferences would be different (e. G. North American people were less fashion forward; Asian consumers may dislike the European style). With only one centralized distribution center it would be time consuming and costly, if items were manufactured in Asia (items would be sent to Europe first and then sent back to Asia). Size requirements were different (the U. S. Consumers requires larger sizes while Asian consumers preferred smaller sizes), so there would be difficulties to standardize and control the product quality. U. S. Market was fragmented, retailing overcapacity and full of local competitors. Outside Europe, Ezra didnt have strong in-house production and distribution facilities to ensure the low cost and timing. As Ezra cared the mime for items reaching the market, it had to increase the usage of air shipping which was much more expensive. Also, longer time for reaching the stores would make it ineffective to response to consumers need and taste. The Foreign exchange risks could be also a threat. Alternative 3: Expand Globally. In the short run, Ezra should aggressively enter the European market. Since the European market was closer, more familiar and less risky compared to other large markets, Ezra should take full advantage of it. Meanwhile, Ezra should keep a look on North American and Asian market and open a few lightship stores in their prime cities. In the long run, Ezra should enter more aggressively into these two large markets by opening more stores. Pros: It would combine the advantages of the first two alternatives. By Opening a very few but critical flagship stores in North America and Asia in the short run, Ezra could get more experiences from those markets and understand the consumers well. Flagship store was also a promotion strategy to attract more attention. The cost would be relatively low in the short run. Ezra would be more experienced and financially capable to open more stores n those two new markets in the long run. Expanding globally would allow Ezra to grow as large as it could in the long run, and develop into a real international business. Cons: It would still be restricted by the only one centralized distribution center for entering Asia and North America, and still have the risks for entering them. The decision criteria would be revenue and profit, awareness, sustainability and consumer loyalty. According to the analysis above, alternative 3 would collect sales both from all three large markets, and thus should have more market share. It would be more sustainable due to the short term and long term focus. By successfully growing into a stable, large, profitable and global organization, Ezra would have awareness and thus better brand image and consumer loyalty. Recommendation Based on the analysis, the report recommends alternative 3. It would maximize the profit by reaching all the potential markets in the world in long term. Since there were risks and concerns for each market, the best way for Ezra to grow would be expanding its market by following a short-term and long-term strategy. However, because of the limitation of each market, Ezra till have to adjust its current business system when adopting alternative 3. Action plan Short Run Although expanding the business globally required Ezra to enter all three large markets (Europe, Asia and North America), in the short run, Ezra should focus more on European market. In 2002 Ezra planned to open 55-65 new stores. It is recommended to open 90 stores in the next year with around 75% in Europe. France, Germany, the ILK, Italy, Portugal, Greece should be major European markets outside Spain, since they are larger, less risky, relatively stable and advanced. Ezra also had more experiences and resources operating in them in the past. As they are important markets, Ezra could own the stores (or consider joint venture if there was regulation concerns) for better control and profit minimization. Although countries like Cyprus and Israel were risky and small, Ezra could still open more stores with Franchising. Also, Ezra could open new stores in new countries like Russia (Moscow) to establish the foundation for future development in the countries. Ezra should take opportunities in other large demand areas while consolidating its presence in the European market at the same time. It could open around 10 tortes in the U. S. And Asia (especially outside Japan) respectively. Specifically, it could choose New York, Los Angels, Lass Vegas, Singapore and Hong Kong since they are densely populated, prosperous and multi-cultural. There would be less cultural differences. It would be a great chance to present Ezra to the local city but also the visitors around the world. It would be safer if Ezra considered enter those markets initially with joint venture. Ezra could consider open flagship stores rather than normal stores in new cities, in order to attract more consumers, promote and build a better brand image. After 1-2 years, when newly opened stores became stable and profitable, Ezra could consider stepping into Internet. As mentioned in the opportunity part, this would be a chance for Ezra to promote itself or to develop a new distribution and retail method. Ezra should improve its website quality, use the website to deliver its style, company value and latest fashion design information. Ezra should have website for every major country that Ezra had entered, with standardized style but unique store and product information. This would be a great chance for Ezra to approach consumers. Moreover, Ezra should prepare for the online shopping. For North America and Asia, Ezra should have new distribution center and also manufacturers in South America and Asia, as these close places required lower costs. This strategy would save transportation costs and time, and solve the problems of over capacity and discomposes of scale with centralized distribution center. Since different markets had different fashion taste, now Ezra could efficiently and easily manage the distributions to each market. Ezra should also seek for and build good relationship with local deliver services like UPS and Fed for a rower cost and better performance. Also, since the U. S. ND Asian markets were both full of local competitions, Ezra should not insist on minimizing advertising and promotion investment in those markets. As also mentioned, different markets had different tastes. For example, the North American people were less fashion sensitive and required larger sizes. Ezra should update its IT system to have better track and record of the consumers behavior, in order to make better decision on design and distribution in the future. Long Run After 3 years expansion, as the European market would be stable in the long UN, Ezra could start entering Asian and North American market more aggressively. It could open more stores in areas including Canada and China. They were two largest countries with similar tastes and culture with the U. S. , Hong Kong and Japan market. Previous success in those markets would also positively affect the consumers choice and awareness in Canada and China. It could also consider opening flagship stores in Australia later. In terms of distribution, Ezra should maintain the good relationship with delivery services. In terms of design, Ezra should utilize the data from IT and track yester to design fashion product specifically for markets with different cultures and tastes. For example, Asian consumers preferred more colorful patterns, while North American consumers value more simple and basic designs. Moreover, Ezra should have head officers in North America and Asia for efficient control and management. These offices would be responsible for internal training as well, since it would be hard for every store around the world to send their managers to headquarter for training. The store managers were the key elements for the Saras operation and design, it was important for Ezra to maintain highly qualified managers in stores all around the world. Ezra could launch internship program to attract more talented and capable people. This program could deliver the Saras concept well, and contribute to a better cooperate culture, which was important for the sustainability of a large international brand. Lastly, in the long run, Ezra should consider buy back the joint venture stores which turn to be profitable, so that Ezra could have better control. CONCLUSION Ezra should enter the global market but focus on different markets in a short term and long term phases. It should establish new offices, distribution center and manufacturers in North America and Asia to catch up with its expansion. After successfully growing into a sustainable and more profitable international business, Inedited could have better experiences and resources to consider further development of new chains. It is not suggested for Inedited to grow an existing apparel chain as it might confuse consumers and compete with Ezra. It could launch a new brand with new product line under a name similar to Ezra (e. G. Ezra Home), as consumers would be more attracted to it.

Happy Feet Movie Quotes

'Happy Feet' Movie Quotes Live your life to the fullest. Dont be afraid to be yourself, no matter who you are. These are the heart-warming lessons you learn through the song-and-dance animated movie Happy Feet. The movie takes place in Antarctica in the home of the emperor penguins. Each penguin sings a heartsong to attract a mate, but young Mumble is a terrible singer. Mumble can tap dance though, and he eventually wins over his heartthrob with his clever footwork. George Miller, the writer-director of Happy Feet, used sophisticated computer animation to create this visual treat. The voice-overs by Nicole Kidman, Hugh Jackman, Robin Williams and Elijah Wood are part of why Happy Feet won the 2006 Academy Award for Best Animated Feature. For Penguin lovers, here is a collection of memorable Happy Feet quotes. Ramon Just a moment... I hear people wanting something... ME! We got  personality  with a capital Y. Why? Because were hot! I like big tails and I cant deny! Oh, hes leaving! Oh, no! That was his face! I dont care where you come from, that has got to hurt! STOP! Lemme tell something to  joo... I know size can be daunting... but dont be afraid... I love you! Yeah, I saw an animal do that once and then they rolled him over and he was dead. You did everything  penguinly  possible. Dont feel so bad, my father also called me a pitiful loser, look how I turned out. Seymour Dont push me cause I am close to the edge. Im trying not to lose my head. Gloria, I adori ya, Id like to see more o ya! Its like a jungle sometimes, it makes me wonder how I keep from goin under! Remember stranger danger... Watch out for leopard seals and them killer whales! Lovelace Ladies, please avert your eyes, cause Ive been known to hypnotize. Enraged by their indifference, he followed them long after they had gone from his sight. He swam further than any of us had before, past all hope of return. Swept up by the currents, he was carried endlessly, across vast oceans, to worlds unknown. Hear me! Theres not enough love in the world. Turn to the penguin next to you, put your flippers up, fluff him up a little bit and give him a great big hug! Go forth and multiply! I must retire now to my couch of perpetual indulgence.   Baby Gloria Is it empty? Can I have it? [to Mumbles unhatched egg]   Mumble Let me tell something to joo! When I find out whats happening to the fish, Ill be back! Its just like ... singing, with your body. Im speaking plain penguin! Leopard Seal Come here, sausage. I take you with ketchup! Remember, dumplings, I know where you live ...

The importance of database systems in today's information technology Term Paper

The importance of database systems in today's information technology paradigm - Term Paper Example One must understand that the database systems are deemed as pivotal when one wants to comprehend the real essence behind the Information Technology domains because the database systems echo the need of the Information Technology paradigm that is constantly on the move and brings about changes and amendments within its folds. It is important to define what a database system in reality is. A database system is a terminology that takes into consideration the construction of data models, the database management system (DBMS) and the database itself. The database system is therefore the basis of acquiring data which is valuable, and which shall form the cornerstone of achieving results within the related settings of the Information Technology realms (Anjard, 1994). The database systems therefore collect the data, analyze it from different angles and manifestations, make them available as and when required, present it in sequential, hierarchical and network structures, get embedded within the retrieval and maintenance platforms, are made use of by different software programs and controls, and offers an array of choices to the intended users of the Information Technology as and when needed. ... The database systems are essentially shells which take into perspective a database or even a sequence of the same through which a number of interactions take place with respect to this database itself. The interactions which come about due to the same are catered by most DBMS that exist today and are essentially divided into four significant categories (Rob, 2009). These are the data definition where new structures for a database are defined. Data definition also removes data structures that exist within a database as well as modifies it as and when needed so that the existing data is made use of in a proper way (Kapetis, 1999). The second main category is the data maintenance which inserts new data within the already existent data structures and later on updates the same within these existing data structures. Also the data is deleted from these data structures which are current and manifest complete harmony for the sake of the data maintenance realms. The third main category is the data retrieval which has the essential link of querying existing data through the incorporation of the end users. It also finds out data which could be used by the different application programs and software. The last main category here is that of the data control that has the task of creating and monitoring the users that are present within the database as well as limiting access to certain data within the database and not to forget the monitoring of the performance of the databases in entirety. Since the four main categories are manifesting the data in one way or the other, their individual roles as well as the collective inputs are important for the sake

Sword Manufacturing of the Early, High, and Late Medieval Period Essay

Sword Manufacturing of the Early, High, and Late Medieval Period - Essay Example This symbolic importance was even shown in the Medieval swords design as the cross guard was framed over the handle of the sword to resemble a Christian cross. This gave the Knight the privilege to utilize the sword to protect the Christian religion. Medieval swords additionally highlighted some type of engravings. The engravings on Medieval Swords could incorporate the sword owners name and prayers to God. Engravings could likewise be simply decorations. Enhanced sword designs occurred around 1,300 and 1,500 A.D. Striking inventive sword designs had a longer grip, which permitted swordsmen to utilize two hands in battle. Long swords began to be generally utilized during the Late Middle Ages. The fame of the long sword developed because of enhanced functionality in cutting and thrusting as well as its far reaching ability (Wigelsworth, 2006). Sword smiths in northern Europe found a strategy for sword making whereby different bits of iron as well as steel bars of diverse hardness were joined by bending and folding them together. This was the method used in Europe during the early middle Ages. The capacity to work metal along these lines to make high quality swords depended on the quality of the metal used. This process was quite long and the sword smiths could take a substantial amount of time before completing one sword. This meant that the production of swords was quite slow According to Nelson & Theuws (2000), high middle age was a period of great innovation in sword making. It is during this period that sword smiths tried out different processes to acquire the best raw materials for sword making. During this period, the sword smith got to understand the processes of acquiring high quality swords without using unnecessary processes. It is during this period that the production of swords began to increase. During the late middle age, the sword smiths had perfected their skills in sword making and were aware of the important processes needed to

Journal 2 Essay Example | Topics and Well Written Essays - 250 words - 10

Journal 2 - Essay Example The author suggests that the land he travels is simple, natural, fertile, and prolific. Least Heat Moon describes the environment he travels across as being naturally beautiful and fertile. He also describes the environment by bringing out the ideas of procreation and fertility in the natural environment. He says, â€Å"†¦water bubbled with the froth of sperm and ova.† This indicates the natural fertility and procreation of the natural environment. Thirdly, in his essay â€Å"Forgotten People of the Blue Highways† Heat Moon brings out the idea of racism and differences in colour. He goes through lands inhabited by black people and he notices the differences that people of different colours have against each other. At one point, he notices he was being watched by the police because he was a white man. However, he believes in change, and a man named Walker tells him, â€Å"I know things haven’t changed, but things will change† (Heat,

Black Sox Scandal of 1919 From the book Baseball an Illustrated Essay

Black Sox Scandal of 1919 From the book Baseball an Illustrated History - Essay Example After the end of the World Series, the suspicions of the conspiracy began (principally by sports writers such as Hugh Fullerton) but cooled down before the beginning of the 1920 season. However even with the ‘cool down there were allegations that gamblers invaded baseball and paid for some wins, in September 1920, the court opened investigations to check on the allegations. These investigations opened the case for the black sox scandal, after the exposure seven of the players admitted to the court that they had received bribes in order to throw away the World Series, which was not common. The owner of the white soxs, later suspended the seven play (Ward & Burns, 1994). Chick gandil, a player in the team, organized the whole fix, he rounded seven white soxs plan to go with the plan. However even though gandil planned the whole ‘fix, the gamblers, and the bookmakers dealt with Joseph Sullivan and Arnold Rothstein, Sullivan was a businessman that dealt with players while Arnold, on the other hand, provided the money. As 100,000 split among seven players back in the days was a big deal all the seven players agreed to down with the deal, however the case reveals that Joe Jackson, also a player in the team refused to take the money as he had doubts about the whole deal. In the case, few gamblers testified to the trial, however even with these none of them was brought to the trial of the black sox scandal. The main economic conditions that led the players to throw the game were the fact that the pay they used to get was low. The fact that they threw the game away just to get 100,000 dollars proves that they needed the money even with the fact that each one of them got around 20000 dollars. Also, to show that the players were in need of money is the double crossing evident all through the case (Ward & Burns, 1994). The whole scandal revolved around money from the gamblers, all the

Week six summary Essay Example | Topics and Well Written Essays - 500 words

Week six summary - Essay Example The disadvantage of having a union is that it can lead to job losses. If the unions indulge in strikes and protests with the employees for unfeasible and avoidable reasons, the employer may suspend or fire the employees. Another negative aspect of being a union member is that it may consider only the interests of its members disregarding the plight of workers from other unions and non-unionized workers. By having workers from different backgrounds and a different mindset may trigger to disciplinary problems. The lack of discipline and implementation of it may hinder the formation of partnership, thus compromising the concept of consensus. According to Casico (2005) self-discipline, when it is committed, consistent, and dependable; will be in accordance to what was agreed upon. When the organization provides the employees with an optimal stress free working environment they will show optimum productivity. When the opposite occurs, Corsico (2005) stated that â€Å"†¦stress related disability claims are the most rapidly growing form of occupational illness†. An incentive program (rewards, promotions, recognitions) that takes into consideration the employees’ input increases the motivational levels and reduces the stress levels. Career Development Plan - There has been personnel training. An analysis of job responsibilities has been performed. We have developed job descriptions and qualification for: First Level Management Position – Regional Sales Manager, Lead Generation Sales Associate, In House Trainer, Marketing Specialist, and Diversity Officer. Training Program - We will design training for everyone (solution based selling, customer service, telephone sales, closing the sale on the telephone/field) that will be created and conducted and OSHA standards will be complied with. Methods for Evaluating Employees - I have suggested a 360 degree program. I found a report from the United States Office of Personnel Management (1997) that is

Black Sox Scandal of 1919 From the book Baseball an Illustrated Essay

Black Sox Scandal of 1919 From the book Baseball an Illustrated History - Essay Example After the end of the World Series, the suspicions of the conspiracy began (principally by sports writers such as Hugh Fullerton) but cooled down before the beginning of the 1920 season. However even with the ‘cool down there were allegations that gamblers invaded baseball and paid for some wins, in September 1920, the court opened investigations to check on the allegations. These investigations opened the case for the black sox scandal, after the exposure seven of the players admitted to the court that they had received bribes in order to throw away the World Series, which was not common. The owner of the white soxs, later suspended the seven play (Ward & Burns, 1994). Chick gandil, a player in the team, organized the whole fix, he rounded seven white soxs plan to go with the plan. However even though gandil planned the whole ‘fix, the gamblers, and the bookmakers dealt with Joseph Sullivan and Arnold Rothstein, Sullivan was a businessman that dealt with players while Arnold, on the other hand, provided the money. As 100,000 split among seven players back in the days was a big deal all the seven players agreed to down with the deal, however the case reveals that Joe Jackson, also a player in the team refused to take the money as he had doubts about the whole deal. In the case, few gamblers testified to the trial, however even with these none of them was brought to the trial of the black sox scandal. The main economic conditions that led the players to throw the game were the fact that the pay they used to get was low. The fact that they threw the game away just to get 100,000 dollars proves that they needed the money even with the fact that each one of them got around 20000 dollars. Also, to show that the players were in need of money is the double crossing evident all through the case (Ward & Burns, 1994). The whole scandal revolved around money from the gamblers, all the

Tiebout mi Essay Example | Topics and Well Written Essays - 1000 words

Tiebout mi - Essay Example This case of Sharon and Ron can be ruled using the Troxel v. Granville case where the mother of the children Granville got sole custody of her children and had the rights to grant visitation or agree to custody to a non-parent or refute it. The parent had the liberty to make decisions for his or her children according to the Supreme Court ruling (Sanger 78). Ron was sure that the child Sharon was carrying was not his and hence his quick agreement to waive all his parental rights and be relieved of any child support of the unborn child once it was born. The agreement will not change once the child is born as it was made to be enforced once the child was born. The fact that the court supports Sharon as the biological parent cements the agreement further. The Troxel case ruling made it clear that the Washington State visitation law which granted the non-parents the right to claim custody and visitation of children would not be applied or used again. The Supreme Court rule that the parent of the child or children holds the fundamental right over the care, control and even custody of the children and hence would be the one to make decisions about any visitation or custody of their children to non-parents (Sanger 87). Any other law that was against or tried to go against the parental liberty towards the custody of their children over that of the non-parents was to be considered unconstitutional and was infringing on the law as well as on the fundamental right of the parent. The standard to be used is that of parental liberty over that of non-parents. The Troxel case does not make any preclusion about the best interests of the children in custody or visitation litigation between a non-parent and a parent. The ruling of the case simply states that the parent of the children has the liberty to make decisions about the custody or care through visitation of

Game and Football Essay Example for Free

Game and Football Essay When I was a little kid probably around the age of seven, I started playing sports. Sports is a big part of life for my family, and every one of my siblings, including me, started playing sports when we were kids. I played multiple sports while growing up. I played football, baseball, soccer, track and basketball, so I was always going to practice or playing in a game. The sport I loved the most is football. I started playing football when I was seven. At that age I was able to wear full pads and tackle because that was the starting age for full contact football. I had a lot of special moments in football, such as, catching my first interception, and scoring my first touchdown. One special moment changed how I played football, which happened my 8th grade year. Each year I periodically got better and better. My 8th grade year was one of my toughest years of playing football. I didn’t really get to start that much during the season. By mid-season I broke my wrist. During a play I was pushed in the back, and I stuck my hand out to help myself stay up, and my wrist snapped in two places. At first I didn’t feel it, and I thought it was just swollen. I believed I could just shake it off till I went to the sideline to have the coach check it out. He told me that it was broken, and that was when all the pain started. But through it all I managed to stay calm and keep a straight face. That ended my 8th grade year, which was terrible. After recovering I was scared to actually hit someone, so my first two years of high school I didn’t play the way I used to play. My junior and senior year were the best I have played football. Those were the years I started hitting the weights hard, thanks to my dad. My dad was my inspiration for playing football. He also helped me through my recovery. He was the one who got me into playing football and playing to my best ability. He would always lecture me after either a good game or a bad game. He went to every single one of my games and watched me play very closely. After each game he always had something to complain about what I did wrong. It would get annoying, but I understood and tried my hardest to fix the problem. Even if I did well in a game, he would still have something to say. He made me into the player I am today. For half my life I played the sport I loved the most, football. I was disappointed that it had to end my senior year. Football made me into the person I am today, and I am thankful for that. I am also thankful for my dad, who would never give up on me. Even though he was always pointing out the negative things, his advice helped me become better.

Effect of Emotional Intelligence on Work Performance

Effect of Emotional Intelligence on Work Performance INTRODUCTION Nowadays, in this world of rapid change, organizations always want to compete so as to achieve a high level of productivity and to be at the top. The companies will need performing employees to uplift the organization. Air Mauritius is a big travelling organization where there are highly competitive works environments in every department. Employees need to do their maximum efforts for the company benefits. Job performance is an important factor which needs to be considered in an organization. Job performance is related to workers tasks and the progress of the organization. There are many factors that influence a company such as leadership, abilities and competencies, misunderstandings between executives, cultures and values. Years ago, Intelligence Quotient (IQ) was vital in both private and public sectors. Despite all qualifications, diplomas, and degrees holders being employed in their particular field, work performance was not well structured and not always successful as executives could not cope with high pressure and stress, so workers are not able to attain high level of maintenance. Therefore, to alleviate this situation, Emotional Intelligence became the crucial point of view in organizations as EI will help workers to manage stress, control self emotions and pressures, to keep a positive spirit and to ensure a good performance even while facing work complications. Organization frequently used Intelligence Quotient (IQ) to recruit people depending on their qualifications related to the post available. However, to cope with this problem that many companies are passing through, Emotional Quotient (EQ) is the only solution to the situation and is of utmost importance to an organization to succeed. Emotional Intelligence (EI), the capabilities involving identification and the control of emotions in one-self and others, using this information to guide one’s thinking and behavior (Giardini Frese, 2008; Mayer, Salovey, Caruso, 2008). Emotional Intelligence (EI) is an ability to know our own and others feeling for inciting our self and for dealing with own emotions, both internal and external (Daniel Goleman, 1995). The research is being done on Air Mauritius Company employees. PROBLEM STATEMENT Air Mauritius uses IQ for hiring process, based on candidate’s qualifications. Employees are having problems such as health, financial and are bored with their specific task leading to absences. This is so, as a lot of pressures are being exerted on employees like stress, team pressure, misunderstanding between colleagues, no profit in the company, bad communication skills and sharing among executives and also the manager. However, to overcome obstacles of competitiveness, EI is the best solution to adopt in favor of both the employees and the organization. The managers and executives, who can alter their emotions in an efficient way, are more successful on job. RESEARCH AIMS AND OBJECTIVES This research aims at recognizing and evaluating the effects of Emotional Intelligence on work performance of employees at Air Mauritius organization. Thus, objectives of this current study links between EI and performance at work field. In order to achieve high level of competencies which result an incline in accomplishments of the organization, executives will have to develop and explore EI. Research Objectives To understand the level of EI of the managers and employees behaviors. To analyze how Emotional Intelligence affect work performance. To assess whether introducing EI enhance work performance. Research Questions Which emotions are important for growth of work performance? Does Emotional Intelligence bring a change in the executive behaviors? To what extent does EI affect work performance? To identify problems in work performance? RATIONALE OF STUDY Upon completing this research, a clearer understanding of EI on work performance of executives was detected. Understanding how various aspects impact performance and organization survival could help in revolutionizing the ways of performing at work place for better results. Another effect of this quest will be how to promote more reliability of executives, like incentives to encourage employees, team works and shift works to know how each work and colleagues are important in the company, for them to meet their own goals and for the organization success. LITERATURE REVIEW (Goleman, 1998) made a bodywork of Emotional Intelligence (EI) that mirrors how a persons capacity for understanding the skills of self-awareness, self-management are personal competence, social-awareness and relationship management are social adept related to work success. Firstly, the main point is emotional self-awareness, which constitute of self-awareness, accurate self-assessment and self-confident. Therefore, it is understand that knowing one’s internal states, preferences, resources and intuitions is important. (Mayer Geher, 1996) stated that EI (Emotional Intelligence) differs from IQ (Intelligence Quotient). John Mayer (for illustration, Mayer Stevens, 1994) uses the term of different moods, the affective analogue of meta-cognition for key aspect of Emotional awareness. The second factor of EI, self-management, that holds Emotional self-control, transparency, adaptability and achievement orientation. The means of this factor is the ability to manage oneself anxiety , anger and to manipulate internal states and resources. It can also help to inhibit emotional impulsivity. Thirdly, another element of Emotional Intelligence is social-awareness, including apprehension of others’ feelings, concerns and needs. It encloses the competency of empathy involving the amygdala. The amygdala is a part of the limbic system found deep in the brain’s temporal lobe. Studies of patients with discrete injuries to the amygdala manifest deterioration to read non-verbal cues for negative emotions, especially to fear and anger, and in judging the honesty of people (Davidson et al., 2000). Lastly, the fourth EI component produces a complex image, or skillful at inducing desirable responses in others, are the relationship management and social skill adept. In an intrinsic sense, the success of our relationship depends on our capability to adjust ourselves or to influence emotions of another person. This feature, encompasses developing others, inspirationa l leadership, influence, conflict management, teamwork and collaboration. Furthermore, (Mayer Salovey, 1997) showed that Emotional Intelligence consists of four distinct features: 1) Evaluation and expression of emotion in the self. 2) Evaluation and recognition of emotion in others. 3) Control of emotion in oneself. 4) Use of emotion to ease performance. (Bar-On, 1997) conceptualized Emotional Intelligence as a non-cognitive ability; including five vast skill areas that help an individual to become more productive to tackle with environmental demands and pressures, these are Intrapersonal skills, Interpersonal skills, Adaptability, Stress management and General mood. Intrapersonal skills are related to pinpoint, understand and self-expression. Interpersonal skills are to be aware of, to understand and relate to others. Adaptability is related to strong emotions and be able to control one-self. Stress management is related to control stress of confrontation to different situations. General mood is related to adapt to changes and to elucidate problems of personal or social nature. Emotional Quotient (EQ), has four abilities suggested by (Davies et al., 1998) such as self emotional evaluation, others’ emotional evaluation, regulation and use of emotion. (Salovey et al., 2000) have claimed that EI elements are in relationship to a number of coping processes, like thoughts, social support networks and the disclosure of trauma. (Wong Law, 2002) have argued that EI consists of four aspects: use of emotion, others’ emotional appraisal, self-emotion appraisal and regulation of emotion. Cote Miners (2006), separated EI into emotion perception, emotion utilization, emotion understanding and emotion control. Goleman (2006), revealed that EI concerns the ability of an individual to maintain enthusiasm, self-control, self-encouragement and persistence, as stated in five major facets: Knowing your emotions, managing your emotions, motivate yourself, recogni zing and understanding others’ emotions and handling relationships. Nowadays, Interpersonal interaction is required in organization. The majority of these interactions, are linked to work performance. (Savoie Brunet, 2000), proposed that group performance appraisal should consist a minimum of four different components: Team experience quality, that is, the level upon which team know-how contributes to well-being and personal growth of the group member. Team output, which relies on aim, calculable and quantifiable performance criteria, for example, number of mistakes, percentage of technical act to meet safety and hygiene standards. Team viability, that is, the ability of the group to function as a unit. Group legitimacy, which relates to the assessment of the teams efficacy through external persons having close ties with it (Manager, clients, suppliers). (Forgas, 1995; Schwarz, 1990) argued that emotions can affect thoughts processes by boosting different data processing strategies. To illustrate, (Schwarz, 1990) heuristic processing is produced by positive emotions, and might be helpful for innovative tasks (Isen et al., 1987) and short-term memory task (Gray, 2004), whereas negative emotions promote deeper processing (Bless et al., 1990; Schwarz, 1990) and better spatial work performance (Gray, 2004). Emotion and cognition can be included to have an effect on performance on a range of jobs (Gray, 2004). (Austin, 2004) analyzed the relationships between trait EI and work, involving the identification of facial expressions of emotion. Moreover, two facial appearance recognition tasks using the inspection time (IT) model appraisal speed of emotional data processing and results display that general emotion-processing capability contributes to performance on works. Furthermore, (Quoidbach Hansenne, 2009), investigated the bond among EI , performance and cohesiveness in 23 nursing teams. Outcomes proved, EI provided an interesting innovated way of improving nursing groups’ cohesion and patient. Among psychologists, EI is anticipated as a vital predictor of organizational outcomes including task satisfactory (Daus Ashkanasy, 2005; Van Rooy Viswesvaran, 2004). Kafetsios Zampetakis (2008), tested the extent to which positive and negative influence EI on work fulfillment. Data records showed that positive and negative affect at work substantially mediate the link among EI and work satisfaction positively affect exerting strong influence. In addition, Lyons Schneider (2005), assessed the coherence of ability based EI facets with performance under stress. They predicted high levels of EI would foster challenge evaluations and better performance, but they also found low EI levels would promote threat appraisals and poor performance. Concentrating on Emotional Intelligence (EI) as an utmost factor associated to performance, with current researchers’ reviews a number of studies of drivers of organization performance. Numerous research have detected that EI is related with a number of positive results in the workplace which are affecting components such as leadership (Scott-Halsell et al., 2008), (Bar-On et al., 2000; Mikolajczak et al., 2007) resistance to stress, work attitude (Carmeli, 2003), (Kafetsios Zampetakis, 2008; Law et al., 2008; Wong Law, 2002) job satisfaction and performance, (Zhou George, 2003) employees inventiveness and career achievement (Dulewitz Higgs, 1999). In recent years, many researches have been carried out and researches argued that Intelligent Quotient is not the main Emotional Intelligence (EI) that led to outstanding accomplishment at task. Moreover, researchers found that EI has an affirmative and important relation with performance (Goleman, 1998; Mount, 2006). (Patnaik e t al., 2010) explored the coherence between EI and work performance of executives of the Cooperative bank of Gramya Banks in Odisha. Their investigation exposed high EQ is mandatory for better work performance. Nevertheless, high EQ cannot be the only necessity for performance improvement on the task. In addition, (Usman, 2011) analyzed the relationship among employees’ EI and their performance in Pakistan. The outcomes showed quite high connection between EI and organizational citizenship behavior and employees work performance might be estimated significantly based on their EI scores. HYPOTHESIS Focusing on these literature reviews, a deduction can be drawn that it exist a relationship between EI and job performance of employees in an organization or company. At the same time, Emotional Intelligence (EI), may promote the manager performance in work and increases organizational achievement. METHODOLOGY The universe for this research will be assessed on different sectors in the Air Mauritius Company. It is to be noted that information will be collected, through a questionnaire filled by both gender participants. The survey will target directors, managers, and employees. First of all, a group of 20 employees including both 9 males and 11 females are selected at random. A pilot test questionnaire will be distributed and collected after one hour from the 20 employees. This is to have an idea if the employees are understanding the written questions clearly and able to answer. If some of the randomly selected executives are having trouble in filling the questionnaire, modification need to done in the survey like to alter the structures making question easier. The question papers, will not contain questions that influence the employees to answer against their will. The new questionnaire that is more reliable will be scattered to a number of 100 employees consisting of 45 males and 55 females through stratified random sample. Incomplete questionnaires will be rejected as there due to lack of informations. In this study, job performance is dependent variable and EI is independent variable. In order to appraise the EI of the sample, Emotional Intelligence scale constructed by (Schutte et al., 1998) is used. The apparatus holds 33 items using a 5-point Likert scale, in which 1 represents ‘strongly disagree’ and 5 ‘strongly agree’. The totality scoring mark may be in the interval 33 to 165 and the high scores point out employees’ higher aptitude to identify and cope with emotions. The stuffs of the scale are directly proportional to the theory of EI. It takes into account alertness, emotional stability, integrity, enthusiasm, empathy, value-orientation, managing relations, self-development, commitment and altruistic manner. Finally, this measure is chosen because it is readily accessible and usually used. 1

Frankenstein :: essays research papers fc

Frankenstein the novel and movie had a few similarities and many differences. Robert De Niro plays the Creature and he does a good job portraying the creature in the novel. Kenneth Branagh plays Victor Frankenstein and his play was good with the way he showed the consequences he faced during his life. Henena Bonham Carter is Elizabeth who has an important role in the novel.   Ã‚  Ã‚  Ã‚  Ã‚  In the 1994 film, Robert De Niro is the creature. They d o an excellent job with the special effects and he looks exactly like how he is described in the book. â€Å"What kind of people is it in which I am comprised? Good people? Bad ds people?† (Shelley 56) In the beginning, it’s similar to the novel a man creates life from dead tissue. Then the creature escapes and creates havoc among the people. When the monster awakes in the movie, like the book, shows the monster is kind and gentle until he realizes he is not accepted or loved. However, in the book this period of corruption goes into much greater detail.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The human’s reactions to the monster are also very similar. â€Å"Everyone starts at the sight of him, runs from his frightening features, or tries to kill him out of fear. In the film, the monster is incapable of speech, and the audience does not have the opportunity to view any thread of humanity within him.†(Frankenstein page 3) Instead of feeling pity, the movies aim is to invoke horror or fear. Specific scenes are also changed. When the monster finds a young girl by the water, instead of saving her like the book, he throws her into the water. Next is Victor Frankenstein and he is being played by Kenneth Branagh, who is the young scientist, around whose creation the story revolves around .He is the creator of the monster. Kenneth does a good job showing the problems he had growing up and the way his family got in the way of his experiments. From the film, one can see the affection towards his family and his love for experimenting with dead people. The film does show way too much romance and not enough blood and gore.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Henena Bonham Carter is Elizabeth. Henena does a well job of portraying Elizabeth. She does show the affection she has towards Victor, the picture that she creates is exactly as it is from the novel.

Intro speech Essay

Earth Hour is a worldwide movement for the planet organized by the World Wide Fund for Nature (WWF). Earth Hour engages a massive mainstream community on a broad range of environmental issues. It was first famously started as a lights-off event in Sydney, Australia in 2007. Since then it has grown to engage more than 7000 cities and towns worldwide, and the one-hour event continues to remain the key driver of the now larger movement. The event is held worldwide and held towards the end of March annually, encouraging individuals, communities, households and businesses to turn off their non-essential lights for one hour as a symbol for their commitment to the planet. Earth Hour 2013 was celebrated on March 23, 2013. Earth Hour 2014 is scheduled for Saturday, March 29, from 8:30 p.m. to 9:30 p.m. during participants’ local time. -2004: in Sydney not so famous – 2007: Become well known -2008: Earth Hour 2008 was held internationally on March 29, 2008 from 8 p.m. to 9 p.m. local time, marking the first anniversary of the event. With 35 countries around the world participating as official flagship cities and over 400 cities also supporting, Earth Hour 2008 was celebrated on all seven continents. Landmarks all around the world turned off their non-essential lighting for Earth Hour, including the Sydney Opera House (Sydney, Australia), Empire State Building (New York City, USA), (examples) 2008 participants[edit] Earth Hour 2008 included 26 major cities worldwide and 300 smaller towns shutting off their lights.[6] 2009: Earth Hour 2009 was from 8:30 p.m. to 9:30 p.m. local time, March 28, 2009. 88 countries and 4,159 cities participated in Earth Hour 2009,[37] ten times more cities than Earth Hour 2008 had (2008 saw 400 cities participate).[38 96 countries on 6 continents participated in the event in 2009. – 2010: Earth Hour 2010 was held from 8:30 p.m. to 9:30 p.m. local time, 27 March.[49] In Israel, the hour was held on 22 April.[50] Earth Hour 2010 was reportedly the biggest Earth Hour yet, aiming to garner more than the one billion participant goal of 2009’s Earth Hour.[51] 126 countries participated in Earth Hour 2010.[52] 2011: Earth Hour 2011 was the biggest year in the campaign’s five year history, reaffirming it as the largest ever voluntary action for the environment. It took place in a record 5,251 cities and towns in 135 countries and territories in all seven continents.[59] It had an estimated reach of 1.8 billion people across the globe. In addition to this, the campaign’s digital footprint grew to 91 million. – 2012: Earth Hour 2012 was observed on 31 March 2012 from 8:30 p.m. to 9:30 p.m. (participant’s local time).[66] It took place in more than 7000 cities and towns across 152 countries and territories, making it the biggest growth year for the campaign since 2009. In February, Earth Hour launched its 2012 campaign â€Å"I Will If You Will†, with the intention of engaging its growing global community to go beyond the hour and coordinate efforts publicly through Facebook, Twitter, Google+ and e-mail. Using a dedicated YouTube platform,[67] IWIYW asks Earth Hour’s digital community to inspire people from all corners of the globe to take sustainability actions, and to share their commitment to the environment with their own social media networks. -2013: Earth Hour 2013 was held across the world on Saturday, March 23 at 8:30 p.m. to 9:30 p.m. local time[71] to avoid taking place after European Summer Time begins, ensuring the greatest impact of the lights off ev ent. It is also to avoid coinciding with Western Christianity Holy Saturday, which falls on March 30 of that year. 2014: Earth Hour 2014 announced the date will schedule on March 29 as seen on the 2013 Earth Hour highlights >> â€Å"I will if you will† Campaign: â€Å"I Will If You Will† (IWIYW) is an Earth Hour campaign to encourage positive  action for the environment. The actions required are up to the individual or group. They could be big or small and it might be a simple lifestyle change or perhaps something that leads to political change. The campaign intends for people to become the inspiration to their friends, family, colleagues and communities by sharing what they’re willing to do to protect the planet. Challenges can be created or accepted on Earth Hour’s YouTube channel. Many organization supports and celebrity endorsement – The Earth Hour Global FAQ page states: Earth Hour does not purport to be an energy/carbon reduction exercise, it is a symbolic action. Therefore, we do not engage in the measurement of energy/carbon reduction levels for the hour itself. Earth Hour is an initiative to encourage individuals, businesses and governments around the world to take accountability for their ecological footprint and engage in dialogue and resource exchange that provides real solutions to our environmental challenges. Participation in Earth Hour symbolises a commitment to change beyond the hour.[86]

Effects of video games on children Essay

Although video games can increase aggressive behavior, they can improve memory and logistical thinking, as well as teach perseverance. Over the course of the last few decades video games have been integrated into the lives of our children. Video games are very appealing to children of all ages, and even to some adults. There is a variety of video games out there, and they range from educational to very violent. Because of this diverse selection of video games, there is a wide range of positive and negative side effects that these games can have on children. Because a large percentage of our children’s time is spent playing video games, there has been a lot of research in recent years on the positive and negative effects these games have on them. â€Å"Among elementary and middle-school populations, girls play for an average of about 5. 5 hours/week and boys average 13 hours/week,† (Gentile, D. A. 2004). Teenagers also spend a time playing video games. According to Media Analysis Laboratory (1998),†Eighty percent of teens said they played at least occasionally and the average amount of time spent gaming for the sample was 5 hours per week† (para. 19). Video game play has become not only a leisurely pastime for children, but for families also. When parents are not involved in some of their game play the outcome can become a little scary. Children who play video games with their families have a more pro-social attitude compared to their counterparts who play alone. Children who are less social or somewhat anti-social tend to develop aggressive tendancies when spending long hours gaming alone especially when violent video games are involved. Video games have been shown to increase aggressive behavior in some children. Neubert, S. P. (2004) said, â€Å"Individuals high in hostility are more likely to become aggressive when exposed to violent video games. † â€Å"Games in which the only positive outcome is the violent demise of enemies reinforces anti-social behavior. Violent video games desensitize people to aggression,† (Neubert, S. P. , 2004). According to a study done by Douglas A. Gentile. References Media Analysis Laboratory (1998). Video game culture: Leisure and play preferences of B. C. teens. Retrieved from http://www. media-awareness. ca In-Text Citation 1. [Insert the paraphrased material] (Simon Fraser University, Burnaby B. C. , 1998). 2. The Media Analysis Laboratory (1998) website [Insert the paraphrased material]. 3. , â€Å"[Insert the quotation]† (para. 19).

Traditions of Scapegoating Found in

Cresia Reese English 1020 Prof Sparks Traditions of scapegoating found in â€Å"The Ones Who Walk Away from Omelas† and â€Å"The Lottery† The various cultures that exist in the United States all have different ways to scapegoat a variety of people and cultures in society today; as depeicted in the fiction stories â€Å"The Lottery† by Shirley Jackson and â€Å"The Ones Who Walk Away from Omelas† by Ursula K. Le Guin.In â€Å"The Lottery,† is a story about a community that has passed down a tradition of death by stoning for many years, this person would become the scapegoat of the community. In the story â€Å"The Ones Who Walk Away from Omelas†a community has a hidden secret which involves the captivity of one person who has to live a life of despair in order for a community to thrive. In comparing both stories to life as we know it today, we have found that there are traditions which have been passed down in our communities and eventually l ead to a person to become the scapegoat of the community.How do our various cultures today allow passed traditions to use individuals as scapegoats just like we find in our fictions stories? The word scapegoat means, a person or group made to bear the blame for others or to suffer in their place. The idea of a scapegoat applies to both stories in the same manner, a person is used as a scapegoat to uphold there communities. Both stories use traditions of there past ancestral history to use a person as a scapegoat to carry on the behaviors that were passed down to them via traditions.Shirley Jackson was an author who used a perfect example of scapegoat in her stories. â€Å"The Lottery† brings us to the scapegoat aspect of this story you see that the traditions in the community allows for another scapegoat victim every year, they are stoned to death in a symbolic process. Ursula K. Le Guin also used a scapegoat the hidden person to hold up a community and keep it from the dange rs of the outside world. These traditions were passed down by the ancestors of the people who currently live in this place. Also in â€Å"The Ones Who Walk Away rom Omelas† there are several people who have chosen to walk away from the hidden secret that was revealed to them and they did not wish to remain in that community any more. The hidden secret was symbolic as a scapegoat because without this person this community would have failed based on passed traditions. To compare the traditions of stoning a person to death and hiding a person to up hold a community are both forms of scapegoat. The scapegoat matters in both the stories and show that as human beings that we believe in history and certain traditions in our communities.Also people and things are used as scapegoats as passed down by traditions and as a symbolic way to forge ahead in life, so they do not hinder there communities. Why should the people in our communities not follow along with the traditions of the past ? Because we feel that these traditions followed by our ancestors did not prove to be right and they should not be followed in the current times. When you think about the story â€Å"The Lottery† you have been thrown a curve ball, most people think about a lottery used in our current day and age where you have a slim chance of winning something good like prizes or money.We soon come to find out that a lottery in this story is all a sham; â€Å"At mid morning on a late June day a peaceful village crowd gathers on the square for the annual lottery. The procedures have been handed down over generations with little change. While in the harmless process of drawing lots the villagers reveal their excitement. Suddenly, when the winner is selected, the innocent game turns out to be a horrifying sacrifice: the winner is stoned to death for the welfare of the community. Such is the limited picture that could be given of Shirley Jackson’s ‘The Lottery’. (Schaub 1) A s we find out in this story there is another thing that also stands out in this story and that would be the black box in this story. In the story the black box is used as a way to single out one person to be the winner of the said lottery. The black box is a symbol in the story of the way to reduce the size of a community. This is why they held the lottery each year they would bring all the families together in the square and have them to pull a slip of paper from the box and eventually at the end of the gathering one of the residence in this community would lose there life.We can see that scapegoats are recognized in both objects and actions as we find in both stories â€Å"The Lottery† and â€Å"The Ones Who Walk Away from Omelas†. In â€Å"The Lottery† the pulling of a name from a black a black wooden box and then there was the death of one person at the end by being hit with stones. The character (Tessie Hutchinson) was one who was always ready to be the one to throw the stones, but when it came time for her to be the on being hit by the stones she felt that it was not fair and or right. â€Å"It isn’t fair’ she said. A stone hit her on the side of the head† (Jackson 218).You have (Tessie Hutchinson) who was very excited every year to be a part of the traditional lottery process and when it came time for her to be stoned she was the scapegoat in the traditional process. Then we move on to â€Å"The Ones Who Walk Away from Omelas† where there are several characters: one (the child) who was forced to be the scapegoat, and al the ones who walked away from the community (many people). They all chose to be free from the scapegoat act of holding this child to support the community which was free of all major problems that many communities face today.The issues today in different cultures, religions, and stories using people and things as scapegoats to uphold current and traditional believes. Moving forward to comp are the scapegoats used in both stories to show how our traditions, which are passed down still eventually lead to people to being used as scapegoats in our communities today. â€Å"So that the lottery is to be understood as a modern representation of the primitive annual scapegoat rite† (Schaub 1). This information hits the nail on the head as the lottery process is a primitive act that we are not sure why this was even being done and it was never explained.In today’s society there are still several groups (cults, religious groups, & clubs/organizations) that are secluded from most communities and societies today. We know some of these groups have different rituals and rules as to who and how you are allowed to become involved. These rituals most times come from traditions which were taught by the ancestors of the leaders or promoters of said cults and groups. The definition of a cult is listed as Sociology: A group having a sacred ideology and a set of rites centerin g around their sacred symbols or ideas.

Healthcare reform efforts Coursework Example | Topics and Well Written Essays - 1000 words

Healthcare reform efforts - Coursework Example They and adopt ways that can easily be accessed, human labor have to be utilized for the benefits of the hospitals activities with customer waiting time to be reduced from the time of admission to the time of discharge. On the other hand, increase in patients waiting time results to the reduction of doctor’s productivity and more so the patients may not benefits fully. With the good and available skilled care, providers can reduce of nursing expense by the employing competent personnel that offer the best service. They can the introduction of software to regulate the number of nurses according to their work competence (David Sterret, 2014). Furthermore, the setup of standardize operation rooms not only with an adequate supply of lower rates of products but also with increase operation rooms to enhance the reduction of distribution cost since quantity discounts are to be offered. With the establishment of employer health insurance, both the employers and employees premiums results in the sharing of the costs and individuals in private health insurance have their cover on health (Juras, 2015). It thus helps to reduce any patients cost-sharing requirements both in private, public, employees, health care providers and finally with the consumers in order to contribute the required amount of the tax. With the insurers benefits from the essential health, various health benefits of ambulance services, hospitalization, maternity care together with the drugs supply to help the patients for the service required. With the Affordable Care Act (ACA) in control, it is believed that the consumers with established choices and plans to use hence reducing any expense down low best on their efforts. To add on, the excess cost of health care might bring issues like the decline of customer turnover to the business leading to the absence of job availability over years

Global banking issues Assignment Example | Topics and Well Written Essays - 500 words - 1

Global banking issues - Assignment Example The best example of barter system is that suppose there are two persons, one of them has a goat and the other has a cow and they both want the goods possessed by each other. In such condition the barter system is created so as to get into an agreement for the procedure of goods exchange. However even if the goods are exchanged successfully there would be a time when the goat and cow would die and hence it can be stated that these goods are not able to maintain their initial value over the time. In such a scenario there was evolution of a new concept in the form of money which served as exchange medium (Schwartz 361).This medium was accepted widely by all the traders as it was able to solve the problem that was associated with goods that deteriorated with time. One of the most important functions of money is that it can be considered to be unit of account that facilitates a mechanism through which value can be placed on the services and goods. This is simply because such a function is a standard unit in monetary terms for value measurement on services and goods. For instance when a person goes to a supermarket the monetary value of goods can be observed by the person through the price tags on the goods. There even exists monetary value on services such as when a person goes for a spa and gets the required service the person in return pays money to the concerned individual for the availed service. Thus unit of account as a function of money can be regarded as value measurement for services and goods. The supply of money can be considered as liquid instrument and total stock assets at a particular time and this in turn in an economy of a country is accepted as medium of exchange. The Federal Reserve System takes into control the supply of money in America. The supply of money comprises of three essential components such as the